Can we Now Comfortably Say We have Entered the Bull Run?

[abake]

For me, it's a mini bull run which is extremely cool. Slow and steady makes it interesting. I like the rate at which BTC price is going up, with this pattern looking at the charts, it will be difficult for massive dump to occur. So yes, it's a bull run.  People want to see BTC at 20k before they know it's bull run? Smiling

[DonFacundo]

I think yes we have finally entered the bull run as you can see the price of bitcoin is now $7,400 and who knows bitcoin will reach $8000 in a short time.

[absurde]

All i can say that this is not bear market right now, we are preparing huge bull run and Bitcoin will be the major player of this game, i hope alts will follow the major cryptocurrency in the world.

[daarul50]

Since the last 2 weeks crypto prices have begun to increase even some negative news such as a hacked exchange does not make a big influence to undermine the ongoing increase in crypto.  I think that in the next 2 days the crypto price will probably be corrected again.

[bartolo]

It's still too soon to know if we already are in a new bull run or not, what we know is that the market is starting to recover and that it seems the bear market is finally over.

[5thFear]

Well the bull run has arrived but the investors are pretty cautious now. They are not going all in at this point, infact they are investing but slowly and that is why this bull run is pretty slow to move forward. But this is a good thing in my opinion. A very fast bull run may not be good for the community.

[Ogkendra]

I guess the bull run is happening to bitcoin so bitcoin can rally faster than before.
Right now, we see bitcoin price reach $7,000 and still increase higher.
But I do not yet feel comfortable to say that we are entering the bull market because every altcoin still at the bottom price and they need to raise their power to increase the price.
Soon, when the time is right and come, every coin in the cryptocurrency can increase together, and we will have a big chance to make a big profit too.

For the bull run to be totally effective, it needs to reach at least half the price of the former bull run, personally I believe bull run will be here, once BTC hits $10k.

[Chijamz]

We have been in a bull run for about a month now and you could just confirm it because of this huge pump?
The market has been steadily increasing for the last couple of weeks so it is a sign that we are already in a bull market .
Even the negative news didn't stop the growth that we are experiencing and just continue to pump up.

i would not actually say we have been in the bull run for a while, i believe we have just be experiencing a retest, or correction for the massive dump we have been in two years now. Don't you think so? Check the charts, they don't lie

[Chijamz]

We can say that this is a small kind of bullrun. And if we see there is a huge of increase of price value. I think if there next increase and continues increase to the following day this will going to the bullrun. I'am not an crypto expert but based on the article and theory of some articles this is too close and soon it will happen.

You have a valid point, but let's face the facts, no one has the singular ability to predict the future, Cryptocurrency market is more volatile than the FOREX Market, in FOREX, we can say a singular fundamental analysis can turn the market upside down, but just take a look at last week's events, a whole binance hack of 7,000 BTC is expectedly supposed to be enough to run BTC price down, but what did we experience? Continuous price increase.

[Chijamz]

Since the last 2 weeks crypto prices have begun to increase even some negative news such as a hacked exchange does not make a big influence to undermine the ongoing increase in crypto.  I think that in the next 2 days the crypto price will probably be corrected again.

Exactly! We do not even need 2 days to come, i just checked the charts right now and i'm already seeing massive elements of corrections in the 1 hour and 4 hours charts, the retesting is just to much for an ordinary correction, once it breaks the support, i believe the next thing is spiralling downwards, but if it doesn't, well then, Hello Bull Run!

[Perfect35]

We are only moving towards bull run and not yet there.
I think the reason for the present price increase should be Fidelity, which some whales have taken advantage of.
BAKKT should be the next and I believe it has the tendency to trigger the bull run.
I am just looking forward to the to the time that altcons will also follow suite.

[mrdeposit]

We have come a long way in a short time. This is probably not a natural increase, but it will not hurt anyone to running faster. I even felt a feeling of repeating the increase as in 2017.

[CryptoProtek]

BTC

Yesterday,I checked BTC Chart and this was seen, https://cdn.steemitimages.com/DQmQtggi9T5itXTRCpfBAYAuoewR4GhPGLtZVomKcgK6aM4/IMG-20190511-WA0018.jpg

Confirmation checklist detects more confirmation should be done,I haven't brought myself to believe that the bull Run is here.

I was still in doubt till I saw this,
https://imgur.com/a/vWSIS6l

I know there are more knowledgeable people for Bitcoin and cryptocurrencies in here than any other place in the world, I'm of the opinion that the bull run is here, do you share the same opinion with me?  Or do you have a different opinion?  What are your reasons?  Bring your strong reasons and charts, Let's discuss

  Today is a clear indication of the unpredictability of the market,no one actually can predict what will happen at anytime.



 To  answer your question: i honestly don't think we are there yet,but we are on our way.

[Decksperiment]

This upward trend in crypto markets has been steadily going on for about 3 weeks and i guess and all media sources are optimistic were entering a bullish period and at current time, no other indicators suggest otherwise. In my personal belief, I think were definitely in the bull period already since the current atmosphere in crypto community and crypto markets are generally very positive right now.

[traderethereum]

I guess the bull run is happening to bitcoin so bitcoin can rally faster than before.
Right now, we see bitcoin price reach $7,000 and still increase higher.
But I do not yet feel comfortable to say that we are entering the bull market because every altcoin still at the bottom price and they need to raise their power to increase the price.
Soon, when the time is right and come, every coin in the cryptocurrency can increase together, and we will have a big chance to make a big profit too.

For the bull run to be totally effective, it needs to reach at least half the price of the former bull run, personally I believe bull run will be here, once BTC hits $10k.

The half of the price in the previous bull run was at $10k as you said, and we are going to go there, no doubt for that.
But we need to wait for the time to increase step by step because it is difficult to jump to that number, but I see that the time will come in this month to reach that number.

[tunapa]

We are not yet in bull run season. We are just observing a steady rise and the market is gaining momentum and stability for the bull journey ahead. People are still accumulating some good cheap coins now.

[Pet240]

BTC
~

Let's wait and give it sometime more, before concluding on the start of bull run or not.
Expectations are high and I believe that the system as well as people are prepared for it.

[Vaculin]

This upward trend in crypto markets has been steadily going on for about 3 weeks and i guess and all media sources are optimistic were entering a bullish period and at current time, no other indicators suggest otherwise. In my personal belief, I think were definitely in the bull period already since the current atmosphere in crypto community and crypto markets are generally very positive right now.

Same with my views too. We are definitely entering in a bull run stage. The market has been seen already a positive increase from the past previous days up to the present. Even some negative news have not affected the price increase. So hopefully we will reach again $10k few days from now. Let's just be optimistic all the time.

[MalakEnay]

The price of bitcoin has recovered 100% since the beginning of April, and you still have doubts that we are in a bull run? The problem is that many newbies and spiting traders still have trouble identifying signals or using the proper terminology, so perhaps many still believe that a bull run will start only when bitcoin returns to its historical maximum price, or when it registers a profit of 1000%, when for the majority of those who are involved with the observation of markets it is easy to identify the current bullish situation of the market.

[passwordnow]

Not yet, I'm not yet comfortable to say that this is already a bull run. Take time and let the market stabilize on its own and see on how it will react to the upcoming events that might give impact. We're very excited and happy because we all see growth in the market and which I liked it as well but give it time and don't let give high expection. Because if something goes not according to what we are wishing, you might regret and be disappointed with that.