Are We Witnessing The Start Of Another Bull Run?

[Carrelmae10]

..the sudden increase of Bitcoin price in the market doesn't mean that this is the start of a bull run,for as you can see,there is still a constant downfall of its price..the ups and downs of Bitcoins price still leads us to a hope that soon Bitcoin will reach its peak..if there is a continous needs and demands on Bitcoin,probably bull run might take place..

[Shinpako09]

It could be yes and no since no one really knows what were going to happen. After a drop of few hundred of bucks, btc is gaining back those. Aside from that, good thing is btc showing resistance in $5k and I guess if btc break the barrier of $5.5k, it will continue to $6k and a drop will follow as usual and very normal.

[Herbert2020]

..the sudden increase of Bitcoin price in the market doesn't mean that this is the start of a bull run,for as you can see,there is still a constant downfall of its price..the ups and downs of Bitcoins price still leads us to a hope that soon Bitcoin will reach its peak..if there is a continous needs and demands on Bitcoin,probably bull run might take place..

up and down is not the same as "downfall"! and this IS the start of the bull run.
what we had was pure rise because what you are calling "downfall" was a simple correction. price went from $3900 to $5500 then it was corrected by going down to $4900 and that is considered a "RISE" not a "downfall". and this trend is a clear indication of the end of the bear market and it is showing how trend is changing into a bull run.

[Cacingkemi]

It could be yes and no since no one really knows what were going to happen. After a drop of few hundred of bucks, btc is gaining back those. Aside from that, good thing is btc showing resistance in $5k and I guess if btc break the barrier of $5.5k, it will continue to $6k and a drop will follow as usual and very normal.

I think 5K resistance is very good for BTC and this indication will definitely bring a new increase above 7K in the next month, the barrier does't determine the BTC limit instead it will be easily penetrated as it did at the beginning of April.

[jrrsparkles]

..the sudden increase of Bitcoin price in the market doesn't mean that this is the start of a bull run,for as you can see,there is still a constant downfall of its price..the ups and downs of Bitcoins price still leads us to a hope that soon Bitcoin will reach its peak..if there is a continous needs and demands on Bitcoin,probably bull run might take place..

Watch the pattern of bitcoin price movement from the beginning of this year,which looks somewhat upwards with smaller downfall which is a sign of bull run as well but nothing can be said by now because we are too far from the all time high prices of cryptos so it takes time to confirms bull run is happening or not.

[LimLims]

See dude, first you need to understand that, what kind of coin is Bitcoin.
Bitcoin is really stable and sometimes becomes volatile if you cannot judge it's value properly.
I mean The Price of Bitcoin affects only due to our activities.
If we invest more or buy more then the price increases, and the demand decreases for which the BTC is known as.
So Yes we are witnessing The Start Of Another Bull Run.

[Gaff]

It could be yes and no since no one really knows what were going to happen. After a drop of few hundred of bucks, btc is gaining back those. Aside from that, good thing is btc showing resistance in $5k and I guess if btc break the barrier of $5.5k, it will continue to $6k and a drop will follow as usual and very normal.

I think 5K resistance is very good for BTC and this indication will definitely bring a new increase above 7K in the next month, the barrier does't determine the BTC limit instead it will be easily penetrated as it did at the beginning of April.

April days was too thrilling as price attempted more strikes of bull run, and eventually fall back down. But it doesn't stop the strong holders to remain braver even though, they've been starting to shake off their feet on red days after successive increase. However, I do believe that it was just a normal fluctuations that need not to worry all about. I don't expect another start of bull run, all I am longing for was consistent price growth that we will be witnessing this coming May.

[klaaas]

Still no dramatically large drops so the bears are accumulating and are waiting for higher gains to drop the bomb again if not the bull is back. 

[Kevin77]

The problem here is that everyone knows resistance can't be strong forever, the higher you go and quicker you go the less resistance you get. Not unlike rockets I suppose (not like I know about rockets). The biggest is right before the bull starts, if you go up a bit that is fine, we can go up a bit all the time that is expected, if you go up a lot than its much better but if you skyrocket than nothing else stops you.

Going from 3800 to 4200 was always easy, going from 4200 to 5+ was hard but achieved, now the point is if we can go above 6+ it will become easier, if we go above 8+ it will be even easier. That is why we can't stop because the longer you stop the harder it gets but the quicker you get there the more unprepared the bears will be and unexpectedly we will reach ATH prices.

[justspare]

It could be yes and no since no one really knows what were going to happen. After a drop of few hundred of bucks, btc is gaining back those. Aside from that, good thing is btc showing resistance in $5k and I guess if btc break the barrier of $5.5k, it will continue to $6k and a drop will follow as usual and very normal.

You we investors always have this mindset that there will always be a correction at every increase in price, meanwhile we are the ones using our mindset to control all these things, just like you have the mindset now that the price will drop when it gets to $6000, so many people would have grabbed this figure, waiting for the time to pull off the investment either before / on seeing the $6000, the accumulation of these actions are exactly what brings the price down.

Some of us would want to take advantage of the price then and waiting to buy it back when it falls. There is absolutely no reason for the price of BTC to fall if we don’t sell off our holding, even the ones done by traders does not have much effect as much as investors sell off does.

[jademaxsuy]

At first I do not want to believe in the next bull run but as I.have witnessed how bitcoin market price grow, it has a huge potential that it could still do another bull run and it can even surpass the last ATH for.bitcoin on 2017. If things like pumping bitcoin in the market will always happen then for sure bull run will going to happen.

I just hope that I can anticipate in the bull run process and made some.profit into it. I have regreted last year for.not anticipating bitcoin investment and taking advantage on its market price volatility.

[talkbitcoin]

Going from 3800 to 4200 was always easy, going from 4200 to 5+ was hard

the initial resistance after a reversal is always going to be the hardest because the market is still not accepting the reversal although it is happening not to mention all the bears who get stuck in denial mode.
and that is what $4100 was, the biggest and hardest resistance to break. otherwise going from $4100 to $5500 (unlike what you said here) was a lot easier.

[Duzter]

At first I do not want to believe in the next bull run but as I.have witnessed how bitcoin market price grow, it has a huge potential that it could still do another bull run and it can even surpass the last ATH for.bitcoin on 2017. If things like pumping bitcoin in the market will always happen then for sure bull run will going to happen.

I just hope that I can anticipate in the bull run process and made some.profit into it. I have regreted last year for.not anticipating bitcoin investment and taking advantage on its market price volatility.

The market could turn towards any direction in no time. With the prevailing market situation I believe it has been showing signs of growth that can take the price forward crossing the previous ath of 2017. By the same time we aren't sure of it, these days users have got increased hope which is completely upon the upcoming halving which is scheduled for the falling year.

[Ekebelegede]

Depending on your view .I think we are about to witness a semi-bull run, not actually a total bull run.

[daarul50]

Current market conditions are widely considered by analysts that the bull run is happening. However, for me, this is a surge that occurred due to the saturation of a stable market from the last few months so investors and traders began to enter to increase activity in the crypto market and we can find this with an increase in volume from each market when the surge occurred.

[Rune]

We found the bottom and people took the time to buy in at the bottom so we bounced up a bit.
the real bullrun wont happen till some time after the halving but I expect us to recover to like 10k whiten the year

[finzyoj]

If we will compare the current situation we had right now to the ATH last 2017, it's not yet a mature bull. Hmm, probably it's just a baby Bull (Lol).

Don't yet expect too much mate, it's still early. Doing so might lead you to frustrations and disappointments if will not happen. So just chill and enjoy the uptrend. Nevertheless, i really hope that sooner or later we experience the bull run that we are dreaming of.

[sopanbmp]

Nope I doubt it, still not breaked resistance at 6000$. I can said its just a Bull Trap but we don't know exactly.
If Bitcoin Break the resistance, I will consider to start staking on that time.

[exstasie]

Nope I doubt it, still not breaked resistance at 6000$. I can said its just a Bull Trap but we don't know exactly.
If Bitcoin Break the resistance, I will consider to start staking on that time.

We need to do more than just break through $6K. We need to hold above it and establish it as support. Short squeezes often bust through resistance before crashing. On the long term charts, these squeezes show as a wick through resistance but not an actual breakout.

I could see the market spiking above $6,000 only to crash down hard back to the $3,000s.

[adaseb]

Start of another bull-run will be when everybody is talking about Bitcoin again like in 2017. Basically all your friends started talking about BTC, cab/uber drivers, all over the media, all your facebook friends, etc. That will most likely happen if BTC breaks $10K.

People will assume since $20K was the previous ATH, that it should at least reach it again and it will be an easy way to double their money in a few months. And this is where the FOMO will start.