Bitcoin is officially about to enter bull market, guys your thoughts...

[mahilchii]

I went through this article and this looks quite interesting one, look at the waves for me it looks like there is a positive trend. Hopefully after two years Bitcoin seems to enter bull market. Guys kindly share your thoughts are we nearing to the bull run???

https://www.newsbtc.com/2020/01/27/bitcoin-is-officially-about-to-enter-a-bull-market/amp/

[1714651883]

1714651883

[BrewMaster]

i don't consider short term ups and downs as bull or bear market so i disagree with saying "bitcoin entered bull market" because bitcoin entered bull market a year ago when it first broke the $4k resistance and a big freak out aka FOMO occurred, we have been experiencing the bull market ever since that day which ended with more than a 250% rise. this is just the continuation where both the speed and size of the rises on each step increases.

[Tduty]

The crypto environment quite positive at this moment, and with the recent growth, from now Bitcoin may have bull run even before the halving. Now, what is your measurement of Bitcoin bull run? To me, it's not 19K USD like 2017, if Bitcoin price cross 10K then I would call that 50% bull run and if it cross 15K USD then that will be the full bull run to me, and I feel Bitcoin is gonna hit that mark very soon.

[HabBear]

Bitcoin is officially about to enter bull market

Is a bold statement, i assume you're new to bitcoin. I'm joking, but the only thing that's obvious in bitcoin is that the price swings and bull or bear markets are never assumed.

I went through this article and this looks quite interesting one, look at the waves for me it looks like there is a positive trend. Hopefully after two years Bitcoin seems to enter bull market. Guys kindly share your thoughts are we nearing to the bull run???

https://www.newsbtc.com/2020/01/27/bitcoin-is-officially-about-to-enter-a-bull-market/amp/

This article doesn't claim we've entered a bull market. And yeah, halving have produced bull runs, and every single time the price has fallen back by 80% or so. Is that a bull run worth celebrating? Nah. Because of those pull backs one could theorize that the market realized the error in its enthusiasm and maybe the market won't so generous at all following this year's halving event.

The only bull run event worth celebrating are endorsements of big companies for the use of Bitcoin.

[ololajulo]

I still consider the space unpredictable but the space sentiment is positive which is good for new investors, startups and altcoins. It could start a new course as we have a build up into the next rally. We still cant predict the time and response of the larger enthusiast in cryptocurrency. I am still watching the market as the halving approaches and how fund will get back to the crypto.

[goinmerry]

I went through this article and this looks quite interesting one, look at the waves for me it looks like there is a positive trend. Hopefully after two years Bitcoin seems to enter bull market.

There are always positive lines that might lead to a positive trend.

You will always see lines like that even on the bearish trend. But even there are signals and indicators that will tell us where should the price will go, it is still not 100% accurate.

Guys kindly share your thoughts are we nearing to the bull run???

You might just expect. Our thoughts are nothing. Believed in your own thoughts.

[dothebeats]

Same thughts were expressed a few weeks ago when similar movements weere recorded for bitcoin. I don't want to burst anyone's bubble but it has to be more than just a short stint of price appreciation for us to consider that it is indeed going through a bull market.

We have very loose and vague definitions of the term 'bull market' that we almost always apply it to everything that doesn't need its application, just like the current price movements. It's 2020, and perhaps it's just fitting that we stop exaggerating every little fluctuations the market is having.

Of course, I hope I could be proven wrong and we are indeed n a bull market of indefinite proportions. That would always be nice.

[batang_bitcoin]

We did saw a bull run last year and I don't know why people think that we're still in a bear market. It wasn't enough to say that we're totally out of it? we have reached a high last year and right now, it's triggering to get into another high. My thoughts on this, whether you believe we're out or not, it's best for you to prepare your stacks for bitcoin and don't let yourself be caught off guard whenever there's a plummet. It's very typical to hear that bitcoin is out of bear when we see high and when it plummets, many will say that it's on bear.

[Stedsm]

While getting bullish on BTC sounds really interesting, let me throw a fact here that you should also not forget that the value is now big and to move the markets, it needs more and more money coming in as well as you can see now that the accumulation phase looks like it has come to an end, so some investors will also book some profits to fetch out USD from the markets at $9500-$10k stops. Watch out these levels and if defended by bulls strongly, we can say that we are in for a big bull rally where BTC will go paranoid.

[posi]

I went through this article and this looks quite interesting one, look at the waves for me it looks like there is a positive trend. Hopefully after two years Bitcoin seems to enter bull market. Guys kindly share your thoughts are we nearing to the bull run???

https://www.newsbtc.com/2020/01/27/bitcoin-is-officially-about-to-enter-a-bull-market/amp/

The waves showing in the chart does proof to be a positive trend but i want you to understand you can rely or totally believe in every prediction/chart waves not to even mention article posted these days because a single whale can change market directions. Mind you, there are some market trend that cant be find or proof using chart.

[exstasie]

I mistakenly made proclamations like this last October, and it came back to bite me in the ass:

Let it happen first. Once the market finally puts in the first higher high in 7 months, we can call it "official." I'm currently very bullish but I'm leaving open a slight possibility for another lower high failure (sub-$10,350) like last August, September, and October.

[ecnalubma]

Happy to see its performances and its quiet impressive likely to break $10k mark soon. We hope this is the beginning of a solid rise. But always stay cautious, you know how the market works it causes pain in short term always.

[bitzizzix]

Happy to see its performances and its quiet impressive likely to break $10k mark soon. We hope this is the beginning of a solid rise. But always stay cautious, you know how the market works it causes pain in short term always.

Yes, it is estimated that reaching $ 10,000 will soon be realized and the current increase in bitcoin will make everyone feel happy and hope to continue to improve.
this year the movement of bitcoin tends to go up and although there are some declines returning from previous prices, I hope bitcoin continues to move up to reach the highest price.

[danherbias07]

When there is a dump we call it a correction.
Why don't we call this as the same thing.
In August we saw bitcoin going to a mark that we didn't even think could happen again. $14k.

So it could be that the price of bitcoin is just going back to where it is supposed to be.
After that, we can call it a bull run.

[outatime1]

This is what I've been saying about the halving. We are so close to the halving right now that it is going to influence the price and begin a bull run.  I think the price will still show a gradual increase for a while and then next year do a more vertical increase as FOMO kicks in.

[Landak]

still traumatized by the bull trap last week haha
many people say that bitcoin has entered the bull market but suddenly the price dropped again. I will agree with word "bull" if bitcoin is already more than 10k usd (this is my point of view) and also from what I see in the whale-alert.io it seems that there are many bitcoin transfer transactions in large numbers between markets. I hope this time is a real bull signal and no more traps.

[perla]

If bull run come, what is on my mind is i will believe it. But not means i am keep buying bitcoin, just will holding my bitcoin for longer time until it is really come, highest price that it can reach. Maybe when price started to stable in high price and more likely to dumped again that is my time to sell mine.

[adaseb]

I agree with the above statement only and only if we close above $9500 or best yet $10000 and we stay above that figure for the next few weeks. Because when we broke $7800 earlier it might of been a bull trap like we had in 2018 a few times.

So I am waiting for the 9500-10000 area to get engulfed and then I will conclude that we are in the bull-market stages and we might hit $13800 later this year and then if we break the $13800 area then we might go for the all time high of $20000. And if the $20000 area breaks then we can quickly go to $25K+ and its sky is the limit from there.

Hopefully we get a positive weekly close candle.

[pooya87]

a better assessment would be that bitcoin is gaining momentum again. otherwise you could simply consider this current market to be a bull market as the price zero tendency to go down and it has been rising so far in the past couple of months currently residing in $9k range which is great.
with momentum getting stronger we can also start seeing bigger rises and there is a very high chance that as we get closer to the $10k mark with its psychological barrier we can see a sudden burst of price as people rush back in to buy more bitcoin while dumping altcoins and pulling their money out from elsewhere.

[Yamifoud]

I went through this article and this looks quite interesting one, look at the waves for me it looks like there is a positive trend. Hopefully after two years Bitcoin seems to enter bull market. Guys kindly share your thoughts are we nearing to the bull run???

https://www.newsbtc.com/2020/01/27/bitcoin-is-officially-about-to-enter-a-bull-market/amp/

It might be considered but it won't be just enough to say that we are entering into the bull market. If the market rallying the same before halving is done, we can conclude that we are already been set to Bullish. But what I've noticed now, we are still far from Bullrun. I may not be saying we can't or no chances as I also thinking positive but Bullrun can't be undone is short pumps, we need to see a strong market resistance and it looks like we're not.

Bullrun could arrive at any moment and at the right time for sure. Though the market looks positively to give good news this year but then, it was too early to tell that we are in the bullish already.

[Aying]

This will gonna happen, in this year we must be ready for bull run but I am not that have much expect for what price it reach because the same bull run 2 years ago may not be able to happen and to surpass it. although this kind of trend will gonna happen because of what happening on our society now. so those who buy at deep are going to be lucky to wait the bull run.

[Natalim]

It's a bullish first month, that's it, judging right away it a very immature way of judgement.
We should definitely look at the long term, maybe a 3 months period would be a good basis since halving is going to happen the next month.
If this is just all about the hype of halving, this market would correct after the halving, hopefully I am wrong.

[Fatunad]

Exactly btc is now entering the first phase of a bullrun hopefully we will all see a 5 digit btc price in the next months. This is probably the effect of the halvening on may 2020 whales are entering the market now because they know the price is about to go to the moon.

[barabarian1]

honestly I feel we have not entered the bull market. I know from the beginning of January until now the value of bitcoin continues to experience an upward trend. but that does not mean we have entered the bull market. and the current bitcoin price is $ 9.3k I think this is not a safe value in my opinion bitcoin will still go down again. I would say we were in the bull market when bitcoin continued to increase for several months.

[tomahawk9]

If only it were that easy to predict whether or not we're gonna enter a bull market    But I like the current sentiment surrouding the market: people are bullish, crypto news sites are constantly talking about a bull market/run, FOMO might kick in as we keep approaching the 5 figures...But, a little advice: sometimes is better to lower your expectations and just chill, it'll prepare you for when things don't go as you expected (: (which happens all the time in the cryptosphere)

So I am waiting for the 9500-10000 area to get engulfed and then I will conclude that we are in the bull-market stages and we might hit $13800 later this year and then if we break the $13800 area then we might go for the all time high of $20000. And if the $20000 area breaks then we can quickly go to $25K+ and its sky is the limit from there.

The first part of this paragraph was good, IMO the price action between 9k-10k region will definitely tell us where exactly are we heading in the short-term...But, without trying to sound like a smartass, everything fell apart when you started mentioning 13k, and then 20k, and then 25k...What's so special about 13.8k? other than it being the peak price in 2019.

[Bagaji]

I went through this article and this looks quite interesting one, look at the waves for me it looks like there is a positive trend. Hopefully after two years Bitcoin seems to enter bull market. Guys kindly share your thoughts are we nearing to the bull run???

https://www.newsbtc.com/2020/01/27/bitcoin-is-officially-about-to-enter-a-bull-market/amp/

I don't think there is anything official about the bull market of Bitcoin because any time we are close to halving there are always positive news and articles all over the internet all in favor of an upward bull run which is not new in the this market.

[rodskee]

I went through this article and this looks quite interesting one, look at the waves for me it looks like there is a positive trend. Hopefully after two years Bitcoin seems to enter bull market. Guys kindly share your thoughts are we nearing to the bull run???

https://www.newsbtc.com/2020/01/27/bitcoin-is-officially-about-to-enter-a-bull-market/amp/

dont expect too much mate because you don't know what is coming,not because there are good news and articles about the market meaning we are having it right  away.most of the time this is trap to attract people and make them believe that there are coming growth but the truth is?opposite will come so better be on neutral side or not expect at all just continue your works to profit.

[justdimin]

Officially about to enter? Are you crazy? Where have you been in the past month? We have literally went up from $7k to above $9k, if that is not already being in the bull market I really don't know what it is. Even if the price is not going like $10k or more in the following weeks that doesn't mean that we weren't in a bull market all this month, January as a whole has been bull and everyone has to accept that.

I don't know what constitutes as a bull run in your own view but reality is that bitcoin going up 20%+ is bull market in my book and should be in everyone as well, we don't get that type of increase in bitcoin all that frequently, we had something like that once last year in 2019 and this is just the start of this year as well, we still have 11 more months to go.

[Wysi]

I was always skeptic about further bull run until last month but now after looking at recent improvement and the pace with which bitcoin has pumped up I feel that's we are heading towards bull run, because this has been the only pump in last two years which has lasted so much as the previous pump were followed by immediate dumps. Let's wait for some more time before coming to an conclusion.

[Oceat]

I don't know what bull market you are talking about but it seems that it's just going to break another price resistance and it's too far from the real bull market that I'm expecting. The estimated price range of Bitcoin this year would reach $15,000 or more and this is not yet the bull market because it hasn't been surpassing the last ATH of Bitcoin.

[darkangel11]

I mistakenly made proclamations like this last October, and it came back to bite me in the ass:

Let it happen first. Once the market finally puts in the first higher high in 7 months, we can call it "official." I'm currently very bullish but I'm leaving open a slight possibility for another lower high failure (sub-$10,350) like last August, September, and October.

It's getting there. We broke through 9k which was a strong resistance. If we manage to go above 10k it will really look Bullish. I saw a number of analysts say a month ago that they will not be bullish as long as Bitcoin stays below 9k but breaking that level will be crucial. I expect many people to be gearing up for a big move up above 10k before the halving. If bear remain strong wit will only be something like 1-15k, but if not it might as well retest 20k in the next 6 months. I don't expect 6k levels to be back before that.

[Aikidoka]

I think it will take some time for bitcoin to enter the bull market, we're just seeing a short up and down by price. So we have to be patient and be patient more before selling some bitcoin now. I'm sure that bitcoin's price will increase hugely after the halving though, we have to keep earning bitcoin for now and holding until the great news.

[shield132]

It's so hard to say what's happening exactly cause when we had rise from 9K up to 14k, people were thinking it was bull and finally bitcoin was going to recover but no, what we saw was price fall and we still didn't reach to 9k after some months and when halving is getting closer and closer.
But maybe I am mistaken, it's not really easy to say when will be bull run but there are two options: 1. This is bull run (pre halving) and it will be even higher after halving or 2nd - we will see real bull run after halving.
But what makes me curious is that where we will stop in case of bull run. Previous 20k is great example for people to not buy btc when price is very high. I think that experience may limit our possibility to reach even higher price.

[Yaunfitda]

I don't know what bull market you are talking about but it seems that it's just going to break another price resistance and it's too far from the real bull market that I'm expecting. The estimated price range of Bitcoin this year would reach $15,000 or more and this is not yet the bull market because it hasn't been surpassing the last ATH of Bitcoin.

The next resistance is obviously $10K at least, currently we are still trying to reach that price as it looks like the climb is slowing down to $9300 levels. But we have seen this before, it's just a question whether we can punch that five digits or go down again to $8'isk.

So it's hard to conclude that we're on an official bull run, I want to think it that way, but we will never know unless we see some similar rides last Feb-June of 2019.

[STT]

Officially about to enter? Are you crazy? Where have you been in the past month? We have literally went up from $7k to above $9k,

Well if we just want to hang off plain numbers then I remember the definition a way back being said as +20% for Bull market and -20% from a peak is a Bear market so you aint wrong.   However BTC has a range of movement that would make a Tsunami whimper and we do not get the privilege to call things so easily as a main market might.    If nothing else this at least matches the volatility present in commodity markets which can be extremely sharp at times despite various efforts to hedge and distribute supply vs demand.   BTC rises sharply because it has this fixed supply, we even know its going to be constricted so its very tight in comparison to many other markets and their ideas of bull and bear.

i don't consider short term ups and downs as bull or bear market

I'd go more with this opinion, with time comes volume and a variety to the sections of the market that have taken part in the price present that day.    Because BTC isnt based in Chicago or New York or confined to one time zone, nation, culture or people we seem to have a prolonged digestion to pricing even while the numbers change fast I do look for phases to how it acts.     I'm not all full steam ahead just yet, some will say well why dither about it but theres money to be made in every valley we must traverse even if pricing has formed its final lower low.  
  Time frames I consider are 15m  1hr  4hr daily and weekly, each adds its own picture and weight to feel BTC has vs resistance and trends in its way.   Its hard to feel every speed bump but I still cant get past thinking Bitcoin has the inertia of an Oil tanker and they need space and time to turn around.   The China speech in autumn with a very rapid rise showed that best most recently I reckon.

[adaseb]

What worries me is the very high open interest on the futures exchanges and the very high funding rate and this is why I am cautious. Because if you look at the open interest chart for Bitmex whenever we were at 1 billion open interest we had a massive crash shortly after.

Generally when people get too bullish usually the complete opposite happens. I think a safer move is to sell here and if we close above $10400, buy it back then. Because if it clears $10400 then a move to $13800 is possible and maybe a new all time high shortly after the halving. However this might be a bull trap.

[n0ne]

The market seems to move forward at specific time interval without much of fluctuation downward. This needs to take place in a gradually manner for a long term to make it a perfect bull market. The ongoing market moves can't be predicted to be the bull trend. Also no one or official is there to give confirmed statement of this is a bull trend. Everything is a prediction, and the reality coincidence gives that respective prediction an official outlook.

[carlisle1]

I went through this article and this looks quite interesting one, look at the waves for me it looks like there is a positive trend. Hopefully after two years Bitcoin seems to enter bull market. Guys kindly share your thoughts are we nearing to the bull run???

https://www.newsbtc.com/2020/01/27/bitcoin-is-officially-about-to-enter-a-bull-market/amp/

how can you say it is "Official" when you are just relying on this Link?or is this a clickbait?to attract people clicking your Shared link that is why there is misleading in your title?

no one can assure the" Official Bull market" because it will only indeed once happen,even when time market is pumping no one can assured that this is bull until it reaches the top.

I think it will take some time for bitcoin to enter the bull market, we're just seeing a short up and down by price. So we have to be patient and be patient more before selling some bitcoin now. I'm sure that bitcoin's price will increase hugely after the halving though, we have to keep earning bitcoin for now and holding until the great news.

give it at least 3-5 months from now before we can have at least views on what market movement is really all about because for now?we are still waiting for the bull top come near.

[thecodebear]

i don't consider short term ups and downs as bull or bear market so i disagree with saying "bitcoin entered bull market" because bitcoin entered bull market a year ago when it first broke the $4k resistance and a big freak out aka FOMO occurred, we have been experiencing the bull market ever since that day which ended with more than a 250% rise. this is just the continuation where both the speed and size of the rises on each step increases.

Yes exactly. I find it weird people talking about a bear market recently and a bull market starting now. The bull market began 10 months ago. Just like the sideways 6 months the first half of 2016 was still part of the larger bull market, the past 6 months was just a prolonged correction in the larger bull market of this cycle. The bull market will be entering its second year soon, and is already about 3x over the bottom of the bear market from a year ago.

What people really mean is that the bull market is about to move into the next phase. It began 10 months ago with a big surge for a few months, then corrected from the over hype and FOMO coming out of the bear market, and now that it has corrected it is preparing to take the next step upwards, moving into the second year of the bull market and towards the halving as the upwards pressure continues to build in the market cycle.

[kotajikikox]

I think it will take some time for bitcoin to enter the bull market, we're just seeing a short up and down by price. So we have to be patient and be patient more before selling some bitcoin now. I'm sure that bitcoin's price will increase hugely after the halving though, we have to keep earning bitcoin for now and holding until the great news.

let them exaggerate the movement but if they fail and lose this is not our call but theirs,people can easily speculate in every market movement but we must be cautious guys because market is unpredictable and manipulation can be done in short time so if we don't take precautionary measures?for sure we will be one of the victims as there are so many issues like this before.

[chichidori]

Its too early to tell since the price always fall when btc tries to get a momentum upward, my guess its more of a bull trap rather than a bull market.

[jhonjhon]

Well it only means it is okay to be positive about bitcoin because it is showing a good trend but we can’t really say for sure if it will continue to rise in the coming years, we all know that bitcoin is always like this it will show a good trend but for some reason it will go down all of a sudden with no specific reason why. Lets just enjoy what we currently have and wait about the future.

[AakZaki]

I went through this article and this looks quite interesting one, look at the waves for me it looks like there is a positive trend. Hopefully after two years Bitcoin seems to enter bull market. Guys kindly share your thoughts are we nearing to the bull run???
~snip~

Actually the bullish market has been confirmed since a few months ago, and it looks like you just realized that.
But you need to be careful like I did in my technical analysis for the short term as the price of bitcoin will be corrected and remain on the bullish path for the long term.

Weekly and monthly resistance has been reached at the highest line indicating that the correction is very possible.
So take the best decision before you experience a loss.

[maxreish]

Yes, bull run is coming! Today btc's price is $9,500, this is actually a good sign after so much suffering from bear market I am positive now. The trend is going upward though I still see some small dumps in my technical analysis but hopefully it will continue to grow until $12,000. Let's see about that. Just don't expect too much. Afterall, this market is so volatile.

[jhonjhon]

It's a bullish first month, that's it, judging right away it a very immature way of judgement.
We should definitely look at the long term, maybe a 3 months period would be a good basis since halving is going to happen the next month.
If this is just all about the hype of halving, this market would correct after the halving, hopefully I am wrong.

Exactly, that is why most people got confused more because of this. Bitcoin works best in a long term thus, the good price we are seeing now may not be a sign of having a bull run. We all know that bitcoin can be very unpredictable we might see and incredible increase in the past few days but we really don’t know what’s gonna happen in the next few days.

[BitHodler]

Bitcoin works best in a long term thus, the good price we are seeing now may not be a sign of having a bull run. We all know that bitcoin can be very unpredictable we might see and incredible increase in the past few days but we really don’t know what’s gonna happen in the next few days.

It depends on the strategy you apply, but the least risky form is buy low sell high. If you have a long term time horizon, you will do well but it will take a lot of patience and dedication because of how irrational markets can be.

The bear market that followed after the 2013 bull run was exhausting and I'm sure a lot of people gave up on Bitcoin because of how long it took to get back above the ATH, which to some degree is understandable.

Bitcoin back then wasn't as fundamentally important as it is today, so currently it should be a whole lot easier to sit through bear markets and actually use that to accumulate as many coins as possible by applying dollar cost average.

[redsun114]

It's a bullish first month, that's it, judging right away it a very immature way of judgement.
We should definitely look at the long term, maybe a 3 months period would be a good basis since halving is going to happen the next month.
If this is just all about the hype of halving, this market would correct after the halving, hopefully I am wrong.

Exactly, that is why most people got confused more because of this. Bitcoin works best in a long term thus, the good price we are seeing now may not be a sign of having a bull run. We all know that bitcoin can be very unpredictable we might see and incredible increase in the past few days but we really don’t know what’s gonna happen in the next few days.

And even we can never forget the big whales which already have accumulated onto the markets. These big whales are the ones who posses higher amount of bitcoins onto the exchanges and they could even create false bearish or bullish trend like patterns just to make us have faith in the markets. This case is already be experienced several times and that's what keeps making the markets unpredictable ones.

Big whales are the ones who might be most wise and for their own individual profits, they might create any fake patterns which can look like real ones. They only have to manage some of their buy and sell orders which indeed would create false patterns and once they fill their bags with profits, they would leave the markets on their own conditions which might even breakout a bearish trend.

[ultrloa]

It's a bullish first month, that's it, judging right away it a very immature way of judgement.
We should definitely look at the long term, maybe a 3 months period would be a good basis since halving is going to happen the next month.
If this is just all about the hype of halving, this market would correct after the halving, hopefully I am wrong.

Exactly, that is why most people got confused more because of this. Bitcoin works best in a long term thus, the good price we are seeing now may not be a sign of having a bull run. We all know that bitcoin can be very unpredictable we might see and incredible increase in the past few days but we really don’t know what’s gonna happen in the next few days.

We can see on histories that this scenario is pretty normal on some aspects, but we cannot tell right now that we are in bull run stage since we cannot diffenately tell the future  but if the pump continue to go up until 3 - 4 months then maybe we can set our position to hold for long term but for now maybe it's good to play on the market volatility to earn.

[Latviand]

I went through this article and this looks quite interesting one, look at the waves for me it looks like there is a positive trend. Hopefully after two years Bitcoin seems to enter bull market. Guys kindly share your thoughts are we nearing to the bull run???

https://www.newsbtc.com/2020/01/27/bitcoin-is-officially-about-to-enter-a-bull-market/amp/

We are on the level of $9k again and bitcoin should not dump again to confirm the bull market and let’s not hope that this is just a short pump. As many says, this year is for bitcoin and cryptomarket so let’s wait if that is true or just another hype to us. The article says it all, but time can only tell and still bitcoin should break the $10k level.

Dumps cannot be prevented or stopped because it is a part of the market value volatility. It is really good to see that the market price is now rising again after a slight downfall recently. Well maybe, this is a clear sign that this year would be the recovery period for cryptos especially Bitcoin from being downed last time which tooked the interest of most of the investors away from investing into cryptos. But still, there's no assurance of such thing and being careful still with our actions is more advisable.

[Febo]

Bitcoin is officially about to enter bull market, guys your thoughts...

If it entered it entered a month and half ago on 18th December. Price was $6700 and now is $9400. Quite a jump in this 6 weeks. Nice 40% gains.

[Gozie51]

Its too early to tell since the price always fall when btc tries to get a momentum upward, my guess its more of a bull trap rather than a bull market.

In my view here, it might not be a bull trap. We have barely 4 or 5 months for halving and the speculation is that it will help bitcoin to appreciate. So even if market traps someone now on the momentary bear, it will be over soon when market will turn green when market starts to bull again because of halving.

[boltz]

We're close but not close enough as halving is still some months away and we're still under 10k$ even if we have a nice buy support around 8.7 - 9k$ so this is a reason to stay calm for now and maybe try to accumulate more cryptocurrencies. I rushed twice with prediction of Bitcoin going into bull run in November and December last year so for now I'm just waiting for it to happen...so maybe this little wake up won't be different that last 2 of them.

[hello_good_sir]

What is even meant by "officially enter bull market"? Is there some sort of official figure that is calling the shots or am I missing out

Jokes aside, most traders imo have been preparing for this upcoming bull market. People understand that prices are going to rally as we get closer and closer to the halving, and there is very little room for BTC to maneuver downwards because of the fact that $7k has been tested several times now as a support level and each time prices came close to breaching it, it rebounded right back up.

So it's not like it's unexpected or anything of that sort. It's totally expected, it's just that there hasn't been a lot of activity in the market right now. I expect things to change though as we get closer to May.

[kraiwoc2]

It seems to me that we can't talk about bitcoin only as a speculative currency. Bitcoin is the most advanced and modern technology at the moment, which is of great interest around the world. But this is all at the development stage. This means that anything can happen. therefore, a standard view of the market here will not help to predict further price changes.
I also believe that the price will be higher soon, but I build my forecast on the analysis of what is happening in society and in the world in general.

[sana54210]

There would be no doubt in expecting bull runs this year. The markets are really started showing us some growth which itself indicates the signs of the bullish trends. Until these 2 past years, the prices for each of the coins were running into some small movements and we never saw bitcoins crossing the resistance levels these past 2 years but from the start of this year, we saw a great movement in the price of bitcoins.

Moreover, the first month of this year itself brought some positive signs in the price of bitcoins which might be the start of the bull runs. If we consider graphs on higher time limit like 2 days to 1 week, we could see that the price already is in the dip and would start growing anytime.

[milewilda]

I went through this article and this looks quite interesting one, look at the waves for me it looks like there is a positive trend. Hopefully after two years Bitcoin seems to enter bull market. Guys kindly share your thoughts are we nearing to the bull run???

https://www.newsbtc.com/2020/01/27/bitcoin-is-officially-about-to-enter-a-bull-market/amp/

Sometimes reading up these kind of sentiments do really boost up some feels towards the market specially with BTC. We've been in ups and downs for 10 years
and we do experience the horrible dumps/corrections and also been taken to the heaven when the market go to its peak.
Giving out my thoughts? I cant really conclude things up because it do just stress me out and i do rather go with the flow no matter what would the trend is.

[buwaytress]

let them exaggerate the movement but if they fail and lose this is not our call but theirs,people can easily speculate in every market movement but we must be cautious guys because market is unpredictable and manipulation can be done in short time so if we don't take precautionary measures?for sure we will be one of the victims as there are so many issues like this before.

The way I see it, there's always going to be new people entering the speculative market every day, or even new people learning about Bitcoin every day. They're getting younger too, and from a different generation. They probably know better than to believe these guys. But if they do, power to the influencers.

As long as the ones from yesterday like us wisen up, things are moving along as they should.

[STT]

I always consider that base dynamic first, rising population and a general cross section not the specialised interest like myself who to some extent were always looking at projects like this.   I dont matter, Im middle of the road and not rich or with big funding so I'm not moving the needle for BTC but when you have educated qualified and to some extent wealthy indivuals who join Bitcoin and have a use for it then it really does matter even if they have no personal technical knowledge on the protocol workings.
   To really talk about bull markets and so on we need to see waves of the economy Bitcoin operates to build up with layers from technically involved to general usage by passing trade.    When you have doctors and lawyers in BTC then its really breaking ground or just anyone, it doesnt have to be the elite but I presume millions start to join when you have various trades now able to use and gain from BTC utility.
   After all that comes the price and hopefully its no longer just about speculation but observation of a natural phenomena which is people themselves and the offset of more people is the tiny amount of holding each does in a wallet raises demand vs supply and price is forced up to some extent.   The bull market is incidental not on purpose exactly.

[Oasisman]

We're close but not close enough as halving is still some months away and we're still under 10k$ even if we have a nice buy support around 8.7 - 9k$ so this is a reason to stay calm for now and maybe try to accumulate more cryptocurrencies. I rushed twice with prediction of Bitcoin going into bull run in November and December last year so for now I'm just waiting for it to happen...so maybe this little wake up won't be different that last 2 of them.

Same thoughts here. As long as the price is under $10,000  it's still considered as a good entry point considering that we're expecting something big while approaching the Bitcoin block halving. I'm still in a neutral side when someone is posting about the begin of a bullrun while Bitcoin is still trading below $10,000.
If we are going to look back how Bitcoin reacted from the last 2 halving, we're still far from having a bull in the market, since It occured a year after the halving of 2012 and 2016.

[fullhdpixel]

Honestly, I am quite happy that bitcoin can finally make some people happy, sure there is many things that make bitcoin great, the decentralization, the blockchain, the transactions, the trustless system, basically everything about bitcoin is great but at the same time having a high price wouldn't hurt neither, so even with the idealist in mind and all the great things that crypto has over regular fiat and yes screw the system bla bla, having a big price point is also amazing because it shows how much of a valuable thing that we created together.

Hopefully, we will also have many good altcoins that will have some twist difference from bitcoin and current altcoins that will further this and have good prices as well, we need a whole crypto market to go up not just bitcoin itself.

[criza]

I went through this article and this looks quite interesting one, look at the waves for me it looks like there is a positive trend. Hopefully after two years Bitcoin seems to enter bull market. Guys kindly share your thoughts are we nearing to the bull run???

The possibility of Bitcoin entering a bull run would be more likely to come early. The start of the year 2020 has been good for Bitcoin, considering its struggle in retaining its price in $8000 in the year 2019 but, now, the price of Bitcoin is over $9000 dollar and we can see the rapid increase in the price of the currency.

[Kelvinid]

I went through this article and this looks quite interesting one, look at the waves for me it looks like there is a positive trend. Hopefully after two years Bitcoin seems to enter bull market. Guys kindly share your thoughts are we nearing to the bull run???

The possibility of Bitcoin entering a bull run would be more likely to come early. The start of the year 2020 has been good for Bitcoin, considering its struggle in retaining its price in $8000 in the year 2019 but, now, the price of Bitcoin is over $9000 dollar and we can see the rapid increase in the price of the currency.

Maybe it was and glad to see that it even move higher almost every day without suffering huge dumps on its way.
But I'm not convinced yet to see Bullrun early this year, it might be in the 3rd quarter or late 2nd quarter when halving is done. The trend might still be the same as how it moves right now (slow motion) that it takes time before we reach to its peak.

[dhondiet]

If this had been said half a year ago, no one would have agreed with this. But now you can safely talk about it! I also think that there is no chance for a bear market, which means that only a price increase in the long run awaits us.

[Russlenat]

If this had been said half a year ago, no one would have agreed with this. But now you can safely talk about it! I also think that there is no chance for a bear market, which means that only a price increase in the long run awaits us.

That's very positive of you, man we need that for this market to finally change to a better market.
I think we have struggled enough so it's time for a chance and from here, we should be witnessing more bullish movements than a bearish movements.

[wxxyrqa]

If this had been said half a year ago, no one would have agreed with this. But now you can safely talk about it! I also think that there is no chance for a bear market, which means that only a price increase in the long run awaits us.

That's very positive of you, man we need that for this market to finally change to a better market.
I think we have struggled enough so it's time for a chance and from here, we should be witnessing more bullish movements than a bearish movements.

Any changes in the cryptocurrency market are regulated by almost any actions of speculators, but if we expect global changes in the cryptocurrency market, this will only be due to the more active use of cryptocurrency in the everyday life of a person, so that cryptocurrency will be more popular and will be actively used as a means of payment  as well as a digital investment.  I believe that for this period we are at the beginning of this process and therefore a bull market is quite possible right now.

[wxa7115]

I went through this article and this looks quite interesting one, look at the waves for me it looks like there is a positive trend. Hopefully after two years Bitcoin seems to enter bull market. Guys kindly share your thoughts are we nearing to the bull run???

https://www.newsbtc.com/2020/01/27/bitcoin-is-officially-about-to-enter-a-bull-market/amp/

I think we are already in a bull market the next phase is to see how long it takes us to go parabolic once  again, on one hand I am happy since this means that once gain we have the opportunity to obtain great profits but at the same time I am not so sure that I like this, let me explain, what I really want more than anything out of bitcoin is that it is accepted in more places and that I can use it as I use my cash without anyone rising questions about it.

But if we see yet another bubble I have my doubts this is going to happen soon as this is going to scare even more businesses to adopt it.

[exstasie]

If this had been said half a year ago, no one would have agreed with this. But now you can safely talk about it! I also think that there is no chance for a bear market, which means that only a price increase in the long run awaits us.

I think we are already in a bull market the next phase is to see how long it takes us to go parabolic once again

Combined with the high interest rates bulls are paying on Bitmex, you guys are making me short term bearish!

If price pulled back to the low $8,000s right now, the weekly chart would still look really bullish. The only difference is, after dropping $1,500 from here, people would be FUDing about $6K or $3K instead of planning out the next bubble. Sentiment is such an interesting phenomenon!

[Zemomtum]

From my own perspective, Bitcoin is already in the bull market and the bull has started running. I am expecting another all-time high this year which will pave way for global adoption.

[hahay]

From my own perspective, Bitcoin is already in the bull market and the bull has started running. I am expecting another all-time high this year which will pave way for global adoption.

Too fast if this increase is a bull run because even resistance must still occur there because at least with continued resistance it will make prices get the next achievement to maintain higher prices. I personally will still be waiting whether halving bitcoin will really have an impact on a bigger increase or not.