Return of the bull?

[Cacingkemi]

It turns out that the pumping didn't bring bitcoin soaring and now it's back down, so I think this bullrun is still not here yet, maybe there are some turbo influences right now.
But we will see in the next few days whether this pump will continue to exist because this could also be the influence of halving that will be approaching so that the pumping is happening now dump.
I would not have thought that the fall in prices now caused by the pope.

the possibility of the whale plays a role in manipulating current prices or is also caused by imlek celebrations in the near future so that market prices are not able to experience a sharp increase even tend to decrease its value again in the next few days

[Hypnosis00]

It turns out that the pumping didn't bring bitcoin soaring and now it's back down, so I think this bullrun is still not here yet, maybe there are some turbo influences right now.
But we will see in the next few days whether this pump will continue to exist because this could also be the influence of halving that will be approaching so that the pumping is happening now dump.
I would not have thought that the fall in prices now caused by the pope.

the possibility of the whale plays a role in manipulating current prices or is also caused by imlek celebrations in the near future so that market prices are not able to experience a sharp increase even tend to decrease its value again in the next few days

Despite this slow market improvement, I'd never get hopeless that it will be fine this year.
Actually, I've preferred to have a situation like this. If we could recall and for many times that the market price goes high faster and the quicker it goes down in returns just like it happens during the bullish season. We experience a few months in Bullrun but we also struggle years of bearish. And it doesn't look so good for me. Will, it hopes that it could be different this time.

[BigBos]

Bitcoin is silently pushing up for the past few days, what could be the reason, could it be because of the halving coming up later or that the bulls are back in town.

I also initially thought that the rise in the price of bitcoin was triggered by the halving that would occur. it's just that, after a while of reading the information available, many speculate that the current price increase is due to a heated relationship between Iran and America. well, if this is outside halving, then the price of bitcoin will rise to a higher level if supported by halving that will soon happen.

[Wexlike]

Despite this slow market improvement, I'd never get hopeless that it will be fine this year.
Actually, I've preferred to have a situation like this. If we could recall and for many times that the market price goes high faster and the quicker it goes down in returns just like it happens during the bullish season. We experience a few months in Bullrun but we also struggle years of bearish. And it doesn't look so good for me. Will, it hopes that it could be different this time.

The current retreace is indeed very healthy. Otherwise it would be to fast to early. We need to break out of the downward channel with some force or with some time. Hopefully it works out in the next 2-3 weeks.

[The Sceptical Chymist]

As always, there is no way to know for sure what caused the price rise, but people are mostly leaning on current geopolitical events, concerning Iran and the United States.

I thought that might be the reason initially, but that situation seems to have cooled down in the past few days and bitcoin is still above $8k.  I'm not sure why any political situation would be responsible for bitcoin going up, to be honest, because it isn't as though it's a safe-haven asset like gold or silver.

I think this recent rise could be due to speculators buying in anticipation of the halving, hoping to make easy money if and when bitcoin goes up even further.  And it's odd to think about cause and effect here, because is it the halving itself that causes bitcoin to boom, or is it the speculators buying in, thinking it's going to boom and thereby causing the price to rise?  Who knows. 

I've never been one to look for explanations for market movements anyway, and if you think about it, bitcoin hasn't even gone up all that much.  It's a nice little pop, but it's nothing to get all excited about.

[BITCOIN4X]

I thought that might be the reason initially, but that situation seems to have cooled down in the past few days and bitcoin is still above $8k.  I'm not sure why any political situation would be responsible for bitcoin going up, to be honest, because it isn't as though it's a safe-haven asset like gold or silver.

Of course bitcoin is not a safe and risk-prone asset. Some people also say, a big risk will generate huge profits. I dont think this would be right if the investor or trader never really knew how to do it.

I think this recent rise could be due to speculators buying in anticipation of the halving, hoping to make easy money if and when bitcoin goes up even further.

True, many investors may believe that after halving the price of bitcoin will skyrocket like what happened in 2017. But who knows, because it is only speculation and there is still the possibility of contradicting the facts that will occur.

[YuginKadoya]

It is too early to say that the bull run already returns in my opinion, I think this is because of the impending Halving that many are surely returning, Even though we had a huge climb up of the price, in my opinion, it is just a slight pump indicating it to be a bull run already,

But I guess we can not be so choosy in giving this a shot, Still, you can surely get on to the ship and take a plunge to the wave of increasing values that is if you had financial money to spare because I think it will still go up furthermore up.

[Barbarian]

Bitcoin is silently pushing up for the past few days, what could be the reason, could it be because of the halving coming up later or that the bulls are back in town.

It is too soon to see such a significant impact coming from the halving, most likely what we are seeing is an attempt by the bulls to change the trend of the market, and they are very close to get their way since now the price is awfully close to the SMA 200 which is acting as a resistance, if that level is surpassed you need to prepare yourself since we could see a huge growth but if it does not happen then most likely the price will go down a little bit.

[STT]

Return of a bull that never left, there are buyers every day so I think the difference is the sellers vs those buyers and the balance shifted.    Its always a strange situation as once the price does start to rise, it brings in new buyers and possibly the sellers decline so we get a grand shift from one weighting to the other side.   In BTC this happens quite alot, its a price which tends to go on runs between two quite extreme points in a range.

This is not the big trend just yet.  I dont see that, a good trend even positive must be pegged out with both highs and lows and a regular set develops into a trend of buying and rising prices persisting.   This isnt that yet, its just a break upwards starting mostly from the 50 day average.   It can run a while, on another price list for the halvening I did guess as high as 11k or more.   Now I think it might be higher but near term I expect us to sell off from a certain point of resistance when we meet it.  The reason is speculators want to sell, others are less of the price and enter more slowly hence a trend is required.

[Pamadar]

How long bitcoin keep continue for growing up with always have moment to make keep stable with higher price, but when halving is coming bitcoin could have bigger chance to see with higher price and keep stable to move on the top price for bitcoin, but always have bad side could make bitcoin back with lower price again.

It's  part of the cycle that everybody needs to understand in order to take good benefits. With this behaviors if you able to catch up the right train then your chance of earning a lot is very possible. Bull trap is dangerous to those who doesn't have any ideas of what they are doing but for people who already know what to do, it's an advantages to take to make a winning positions.

[Smitty Werben Man Jensen]

Bitcoin is silently pushing up for the past few days, what could be the reason, could it be because of the halving coming up later or that the bulls are back in town.

maybe this increase can be said to be the beginning of the bull market arrived, especially for Altcoin, yes, the coming altcoin season, buy some altcoin that you deserve to hold, and at least you have to have bitcoin too

[barabarian1]

actually I also don't know for sure what causes bitcoin to continue to increase. but in my opinion there are two reasons why bitcoin has increased first, perhaps influenced by the news about Iran and America conflicts. secondly because in less than a few months bitcoin will be reduced by half. this will tend to make the price of bitcoin increase.

[buwaytress]

Return of a bull that never left, there are buyers every day so I think the difference is the sellers vs those buyers and the balance shifted.    Its always a strange situation as once the price does start to rise, it brings in new buyers and possibly the sellers decline so we get a grand shift from one weighting to the other side.   In BTC this happens quite alot, its a price which tends to go on runs between two quite extreme points in a range.

Definitely one of less popular views! Stretch that chart into the decade of market action and Bitcoin's in a perpetual bull run. In fact, scrape away the really weird one or two months that saw the last ATH happen, and then we're able to prune expectations and see that it's been a not-so-slow burn from 1k in early 2017 to 8k in early 2020. Higher lows every year, bottoms that keep levelling up. Definitely a bull run in my eye.

[jhonjhon]

Most people say it is because of the ongoing conflict between Iran and the US some also say it could be the upcoming halving, supply, and demand, and etc., but no one really knows what exactly is the reason of the current increase in price. Bitcoin price can be affected by various factors and it not only because of one specific reason, it can be a combination that is why it is very unpredictable but regardless of it's nature bitcoin is a very good investment to invest to and in order to survive make sure you know how to ride the tide and be smart in making choices.

[Meowth05]

Bitcoin is silently pushing up for the past few days, what could be the reason, could it be because of the halving coming up later or that the bulls are back in town.

I also initially thought that the rise in the price of bitcoin was triggered by the halving that would occur. it's just that, after a while of reading the information available, many speculate that the current price increase is due to a heated relationship between Iran and America. well, if this is outside halving, then the price of bitcoin will rise to a higher level if supported by halving that will soon happen.

Well, I also believe that Bitcoin pump because of the conflict between the United States and Iran the fact that they were using Bitcoin as a safe haven but I suddenly realize maybe not. Actually, we are not sure what causes why Bitcoin pumps the fact that there a lot of factors could influence the price for instance, the nearby Bitcoin halving could be another factor. 

[Fatunad]

Bitcoin is silently pushing up for the past few days, what could be the reason, could it be because of the halving coming up later or that the bulls are back in town.

maybe this increase can be said to be the beginning of the bull market arrived, especially for Altcoin, yes, the coming altcoin season, buy some altcoin that you deserve to hold, and at least you have to have bitcoin too

Not all increase is a sign of a bull run sometimes bull run doesn't show any obvious signal that its going to be in the market but you will only notice a huge difference in the price over the period of a month. Altcoin is a good investment too and if bullrun comes it will give handsome returns and of course like what you said have btc in your portfolio also.

[Kelvinid]

I may say having $9k is a bull run for me...it is already far behind from $3k that we've started last year.
We already have a good start this year at $7k and moving ahead for $8k for just weeks. I may think that we've been moving far this year as halving will have a positive effect on the market price. But I'm not pursuing to see another 2017 Bullrun cause it is really hard if the support level won't move high.

[3la9l_kolbaCa]

Bitcoin is silently pushing up for the past few days, what could be the reason, could it be because of the halving coming up later or that the bulls are back in town.

maybe this increase can be said to be the beginning of the bull market arrived, especially for Altcoin, yes, the coming altcoin season, buy some altcoin that you deserve to hold, and at least you have to have bitcoin too

Not all increase is a sign of a bull run sometimes bull run doesn't show any obvious signal that its going to be in the market but you will only notice a huge difference in the price over the period of a month. Altcoin is a good investment too and if bullrun comes it will give handsome returns and of course like what you said have btc in your portfolio also.

What we're seeing lately was only an actual frequency of bitcoin's economic progress, only speculative information gave us an idea on bullrun but it was not certain. Although more people desires for a bullrun it it's not an assurance to get good outcome. Some instances might attract more people to buy and hold bitcoin so they'll able to gain profit when price increases at the top value.

[CodyAlfaridzi]

Bitcoin is silently pushing up for the past few days, what could be the reason, could it be because of the halving coming up later or that the bulls are back in town.

Yes, the halving was obviously not priced in yet and this is the early pump hopefully setting up for the massive bull run within a year or two after the halving, just as usual.

Another catalyst that might bumped Bitcoin price to $8K is the US-Iran tension following Iran's General death. While it's a far off theory, it's kinda reasonable and would be a good story too, people seeing Bitcoin as store of value like gold.

[mirakal]

If there's a bitcoin pump, people would associate that move due to the upcoming halving, hopefully there's more hype as the date is approaching.
The pump on BSV has really help the market as well, and because the hype is over, people could again invest the money to btc to make it safe since BSV is already falling. 

again today, in the top 100, dash and BSV are the biggest losers but I am sure BSV will drop more.

what I like is that so far, bitcoin is bullish and hopefully it will not change, slowly but surely, price is moving at the right direction.