Is the Next Bitcoin Bull Run Started?

[crzy]

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.

That is just a small correction but we are still on a bull market right now and I will expect for the price of bitcoin to hit $8k this May. This bull run gives so much hope for everyone, it is nice to be back and if bitcoin continue to move upward, its possible to have a new peak again this year, let’s cross our fingers for this hope.

[Nasty23]

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.

That is just a small correction but we are still on a bull market right now and I will expect for the price of bitcoin to hit $8k this May. This bull run gives so much hope for everyone, it is nice to be back and if bitcoin continue to move upward, its possible to have a new peak again this year, let’s cross our fingers for this hope.

Yes, this bull run gives so much hope for everyone to go back again in Bitcoin and invest on it on which can help to increase it's demand to make it possible for mass adoption that can help everyone to change their financial status in life.

[Wingo]

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 cannot really tell, this can just be a price correction. There are plenty of happenings in the crypto market lately, mostly negative news like the Binance security breach. The price pumped high and also dumped fast in the last 24 hours. I cannot find any reason to tell exactly that this is a bull run, and it is very far from half of its peak price in 2017, there is a very long way to go.

[seoincorporation]

I think he hast started some months ago, when it was at $3500, after that the price only moves one way, so, we can be sure we are on the run but the question now is how up it will go now? Make your predictions guys. 

[exchangestolemycoins]

Anything is possible, but sharp increases in price without much warning are usually followed by... sharp decreases in price.

[pooya87]

the real start of the bull run was last year when everyone agreed that price has reached the bottom at $6k and have been accumulating then the wide scale manipulation occurred out of nowhere and it was postponed for a couple of months and now we are back on track. but if you ignore that part then you can take the previous couple of months and the fact that price has been rising consistently from $3100 ever since it was hit and that second accumulation started.

[marycrazy08]

I think he hast started some months ago, when it was at $3500, after that the price only moves one way, so, we can be sure we are on the run but the question now is how up it will go now? Make your predictions guys. 

I dont think it started months ago, for me I believed it started when the price crossed the 200 day moving average. This is major indicator even for forex and stocks. I think it happend first week of April. Although i still think we need further price corrections to around 5800

[dameh2100]

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.

Maybe the factors of this uptrend is the upcoming Consensus Conference this day. The people are FOMOed that maybe there are big news that will come after the Consensus. And the other one is the Institutional Investor will come to the market because of fidelity.

[Ray55]

Until it goes for a few days, it is very difficult to say that Bitcoin can not afford to keep the price. But I think Bitcoin progress has started. And I also think that there is going to be something new in the Cryptocurrency World before the end of this year. Perhaps the cost of bitcoin will increase

[passwordnow]

Wait until tomorrow and let's see on how this market will react after Binance announced that they will open deposits and withdrawals by that time.

https://www.coindesk.com/hacked-crypto-exchange-binance-to-resume-deposits-and-withdrawals-on-tuesday
https://ambcrypto.com/binance-updates-dates-for-resuming-deposit-and-withdrawals-on-the-exchange-after-recent-hack/

[Caladonian]

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.

Maybe the factors of this uptrend is the upcoming Consensus Conference this day. The people are FOMOed that maybe there are big news that will come after the Consensus. And the other one is the Institutional Investor will come to the market because of fidelity.

Those factors most of the times created tensions in buy entry, those fomo's who seen good uptrend movements are working it hard to catch and ride the train, they creating most buy entry and brings  the hype, taking every opportunities that they can get out from the market.

The next bull is really showing how future will be, we are witnessing good outcome and will be much bigger than that.

[Pattart]

obviously!
all the FUD about Bitfinex and the hack of Binance have been huge negative forces that actually pushed the price down but the reason why price didn't go down was because of the much stronger buy force that acted against that push and crushed it.
a good lesson for all those who tend to keep going against the market and get crushed.

Yeah I think so, but the market actually increases, really the market is sometimes unpredictable and beyond our logically. when many people are shocked and saddened by the news of hacking, prices are skyrocketing.

it could be that price development is more stronger than the influence of binance news, or maybe the effect will come later. but I think the bull run is getting closer rather than down

[bitcoinikdotcom]

I think he hast started some months ago, when it was at $3500, after that the price only moves one way, so, we can be sure we are on the run but the question now is how up it will go now? Make your predictions guys. 

This bull run may be the biggest Bitcoin run in history and price can surge to 100k to 500k or more. Mass Adoption and ETF will push the price to a new high.

[kaya11]

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?

This is something like a wake up call. Bull Run? If people knew that already they would have put their money all by now but it isn't. The big players are back, professional traders. This is a minor comeback, we are too far from where we had left. We can't know for sure unless we overcome that last ATH, that is where it should be if the bull market will start.

[killat]

There is no popular interest yet.

Check google trends, BTC is not really being talked about even though it soared from 3xxx to 7xxx in a few weeks.

So this bull run is either a bull trap or a very strong bull market incoming when all the people start talking about BTC again.

There's a big scandal brewing with Tether it seems. This could be a manipulation ploy. Or it could be legit. So stay nimble and be ready to jump off if it suddenly flips.

[BeManga]

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?

the main leading factor of the recent rise is the incoming next halving
it can still drop or continue to rise no one knows
but i think the price will rise more in the next few months

[Malsetid]

There is no popular interest yet.

Check google trends, BTC is not really being talked about even though it soared from 3xxx to 7xxx in a few weeks.

So this bull run is either a bull trap or a very strong bull market incoming when all the people start talking about BTC again.

There's a big scandal brewing with Tether it seems. This could be a manipulation ploy. Or it could be legit. So stay nimble and be ready to jump off if it suddenly flips.

I'm just going to be contented if we stay above 7k this time. And between a bull trap or an upcoming actual bull run, i'd lean towards the latter more. I don't think it's a fluke that we've jumped 4k from where we were the start of the year. Bears are probably exhausted already by this time. And people don't panic that easily now. The binance hack last week would've instigated a panic sell wave but it didn't.

[aryadiningrat123]

Currently the price of bitcoin is still under $ 7400 and bitcoin has been valued above $ 10,000, and I think all bitcoin users cannot ensure that the price of bitcoin will continue to rise because we know that the price of bitcoin is always up and down every week. bitcoin will continue to rise until when it becomes, maybe the price of bitcoin will go up and that account all bitcoin users will not be able to ensure 100%

[BlackPanda]

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?

The factor of the increasing popularity of Bitcoin is the main thing, because when Bitcoin increasingly has high popularity, more and more people believe in Bitcoin. This is the basis of why Bitcoin is now increasing. I think the increase will continue, as long as we continue to increase the number of financial transactions with Bitcoin then we can feel the price movements of Bitcoin are much more positive.

[joshy23]

There is no popular interest yet.

Check google trends, BTC is not really being talked about even though it soared from 3xxx to 7xxx in a few weeks.

So this bull run is either a bull trap or a very strong bull market incoming when all the people start talking about BTC again.

There's a big scandal brewing with Tether it seems. This could be a manipulation ploy. Or it could be legit. So stay nimble and be ready to jump off if it suddenly flips.

Stay open and always e ready with the possible trends to follow, the market volatility is unpredictable and the transitions between bear to bull
can only be dictated after the last high being hit and more rise is following the trend, we need to workout with more knowledge and more advance
strategy to enhance our skills.