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

[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.

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[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.