Is the Next Bitcoin Bull Run Started?

[odeybit2]

Right now the price is under 7300$ and earlier was over 7500$, we can't be sure 100% that a bull run already started, we need to wait more before bull run in my opinion.

We all know thatbull run is not straight forward, there is always little shift in movement which to me is gathering of momentum however if the bull stop, https://odeybit.com/currencies/BTC/bitcoin/ BTC has already proven itself by almost hitting 100% within the past 3 months

[HouseStark]

So far I haven't heard or seen any negative news that has been able to jeopardize this uncontrolled upsurge in Bitcoin price. Hence I believe the bull market has started!

[naufals4]

Bitcoin is now trading above $7200 and continue to rise from the last two months. Bitcoin is now trading above 50 and 100 weekly MA which is known as a bullish sign. The golden cross has already happened (daily 50 MA crosses 200 MA).

Bitcoin has 14 green weekly candles in the last 17 weeks.

Even after the Tether, Bitfinex fud and Binance hack the price continue to rise.

Is the Bitcoin bull run started?

What are the main leading factors of this bull run?

not sure if this is a bull run or just an increase that lasts for a while, because right now the price are going down again. leading factor for this can be happen is that people right now see bitcoin as an opportunity to invest or it could also be more and more who know bitcoin so they buy it

[dothebeats]

Volumes on exchanges has since calmed down and the buying side seemed to have softened up too, so I don't think we will be seeing an extended version of this bull run unless the bulls have gotten some more steam and support from the community. At this point, the price has since subsided sub-$7000, though I'm pretty sure a lot of people have already made quite a fortune out of that crazy run towards $7400. I'm just afraid of the incoming correction since we rose like crazy over the past few weeks, but I think that's inevitable at this point.

[LUCKMCFLY]

Bitcoin is now trading above $7200 and continue to rise from the last two months. Bitcoin is now trading above 50 and 100 weekly MA which is known as a bullish sign. The golden cross has already happened (daily 50 MA crosses 200 MA).

Bitcoin has 14 green weekly candles in the last 17 weeks.

Even after the Tether, Bitfinex fud and Binance hack the price continue to rise.

Is the Bitcoin bull run started?

What are the main leading factors of this bull run?

I wish we were already in bullish trend phase, apparently all indicators show that a rally may be greater than what has been happening, but we must not forget the fundamental stage of the market, accumulation is a stage where volatility It is huge, many say that this stage is fundamental for every investor, who must be taken advantage of and who can not have mistrust, at this moment many people are entering quickly to do their shopping, because nobody wants to miss the bullish movement, although for now it is better to wait, because there is not yet any setback, it may still generate a small lateralization and continue to rise.

Some technical analysts, when they do their studies through the ichimoku cloud, affirms that a bullish phase is coming, we hope that it will be fulfilled so that the market continues to have these positive views and is still dyed green.

[bitcoin31]

As I think bull run started but now the price starting again decreasing from the highest value of $7500 this day now the current value is around $6850-$6950 which is still good and Im not see any bad from that value. Not sure why the price dump again but I'll make sure to us we are on the bull run.

[Apes]

now price drop below $7K. people's predict this might be bull run beginning. btc pumping movement on the market is still slow maybe the market still careful when transacting, however the negatif sales correction value is still very reasonable. BTC is still stuck on $ 7.x K resistance soon or later it will break to $8K.

[Oceat]

We don't know yet what really makes this new trend of price but somewhat it is more like some whales are doing it to push the bullish to $10k-ish. But there's a slight pullback after that pump today, i guess this is just the normal movement of the market but there must be someone out there trying to FOMO.

[Romeoetin]

The price of bitcoin has stability a bit over $6900 as at the time of making this post. No factor can be categorically said to be responsible for the sudden price surge but it seems its not far fetched from the recent Binance saga and CZ reorg tweets.

[SaShiRaJaVu]

Bitcoin has 14 green weekly candles in the last 17 weeks.
Even after the Tether, Bitfinex fud and Binance hack the price continue to rise.
Is the Bitcoin bull run started?
What are the main leading factors of this bull run?

It is a positive sign that the market did not stall even after these negative news and these were not small occurances as the market could have went for a ride with the amount of negative news we had over the past few weeks, earlier the market used to react to even simple news and that reflected in the valuation. If you look at historical data i expect a small correction even though the market is pushing higher, it that does not happen, then it is well and good, even if the market goes down, if you can hold on to your coins rather than panicking, you will end up in a decent profit.

[Nivia1st]

I think now the market has started bullrun. Just look, in just two days bitcoin has risen by more than $ 1,000 isn't that great. but it's only bitcoin, different from altcoin which looks stagnant and tends to drop, it might look green but if seen from satoshi it goes down.

[ljane]

For now I can smell the bull run on it's way because of how the market is moving. If this is really the bull run then I think BTC will cross $20K this year and all those who loosed in last year's will grab their wins.

[Cuk0ng_bitc0in]

yes.  generally.  BTC shows the golden path.  I prefer to call this bullish slowly.  yes.  the bull run has begun.  but not like 2017. BTC still has problems to improve its reputation to attract investors.  There is no specific reason for today's bullish BTC.  but I see that the purchase history of BTC is greater than BTC hacking in Binance.

[emberbekas]

For now I can smell the bull run on it's way because of how the market is moving. If this is really the bull run then I think BTC will cross $20K this year and all those who loosed in last year's will grab their wins.

If we believe that this is a sign of a bull run then we must continue to hold bitcoin firmly until we are quite satisfied with the profits we get. But of course, there will be risks that we must be prepared to bear because no one knows what will happen in the next few days or weeks. But at least we have a belief.

[Ressurection]

I don't think the bull run has started folks as right now the market has seen some a correctino to about $6800. It would trend within this level for a while before it starts to rise again. So many investors are selling some actually to cut down their loss since the last bull run but i am still holding my few bitcons until we hit above $10k.

[MakeMoneyBtc]

This seems like the start of a bull run because bitcoin price has doubled now in the last few months and we've been waiting for this to happen almost 2 years. Time has come and bitcoin is ready to get back strong and move over 10.000$ soon. So far the price has gone only up and didn't had major dumps and that's a good sign but let's not get happy to soon because the same way the price gone up it could also go down.

[sushil7045]

no , i dont think this is start of bull run. I see this market highly manipulated as of now. This sudden price jump is not because of retailer buying . This is because of big whales buying. I am expecting a correction in next few weeks, then btc can stabilize and can see good pump in altcoin. We can see bull run between dec 2019 - dec 2020 , DYOR

[kotajikikox]

Bitcoin is now trading above $7200 and continue to rise from the last two months. Bitcoin is now trading above 50 and 100 weekly MA which is known as a bullish sign. The golden cross has already happened (daily 50 MA crosses 200 MA).

Bitcoin has 14 green weekly candles in the last 17 weeks.

Even after the Tether, Bitfinex fud and Binance hack the price continue to rise.

Is the Bitcoin bull run started?

What are the main leading factors of this bull run?

Great analysis bro. Very amaze and full of surprise this recent week from slow and smooth moving of their price last few week now is preety faster invreasingle I think we need to grab this opportunity to make.profits after year of suffering because of the bear market.

[Youghoor]

What are the main leading factors of this bull run?

Looking at the rate at which Bitcoin's price is increasing, there are no specific factors we can pin point to be the cause of this raise in the market value of price.  We can somehow say that the bull run of Bitcoin and crypto market has commenced but investors should just invest wisely. I don't really thing the crypto market is really stable for a bull run, the prices can just drop at any time.

[hulla]

Bitcoin is now trading above $7200 and continue to rise from the last two months. Bitcoin is now trading above 50 and 100 weekly MA which is known as a bullish sign. The golden cross has already happened (daily 50 MA crosses 200 MA).

Bitcoin has 14 green weekly candles in the last 17 weeks.

Even after the Tether, Bitfinex fud and Binance hack the price continue to rise.

Is the Bitcoin bull run started?

What are the main leading factors of this bull run?

We shouldn't conclude now because of the market trend since it not working days. However, the bullish market is yet to start but it seems like we are currently experiencing a partial bullish market because alot of investors chooses to buy and more Bitcoin now since we are going to experience halving in the next 12months.