Next Bitcoin Bull Run Will Be ‘Dramatically Different’

[gentlemand]

actually i believe the next bull run will kill a lot of altcoins instead of making their price go up, like last time because it is always a good opportunity for the bag holders to dump their altcoin bags and get out. additionally like all the previous times whenever there is a bitcoin bull run of a big magnitude there are a lot of new shitcoins coming out that will attract the altcoin trader funds that will come out of the rest of the shitcoins into new ones. which means older ones disappearing.

Not too sure myself.

There'll be a cascade of demand that keeps working its way downwards as top alts become 'too expensive' as well. They'll keep uncovering vaguely alive coins and pumping them too. Last time around even stuff that didn't technically exist or had functioning chains still pumped.

You'd expect the risible junk to die off but there may be enough fresh and desperate meat to keep even the most insulting and obscure ticking away in dark corners.

[1715206230]

1715206230

[exstasie]

I definitely see no end in sight as far as volatility goes, and until mass adoption actually occurs, I see no end to these speculative market cycles either. However, I think it's important to note that Bitcoin's price is a direct reflection of adoption. So if that mass adoption scenario occurs, we should expect the resulting price increase to greatly surpass the magnitude of past cycles.

I think FOMO and panic outweigh people's changing perceptions about the value money. By which I just mean the speculative market will continue the boom/crash cycle so there won't just be some turning point where we hit the vertical part of the S-curve and Bitcoin goes from say $50k to $500k and stays there without crashing.

I just think we'll continue to see the same cycles and nothing will be dramatically different

Too easy. I've been trading markets long enough to know this: when a pattern (like these boom + crash cycles) becomes too obvious, it stops being reliable. Too many traders recognize it and front run the pattern, then it fails. This is why fractal analysis tends not to work in general.

That could mean the next cycle is a flop and tops out way lower than everyone expects, at $30K or something. It could also mean the early sellers trying to front run a top at $50K or $100K get steamrolled and the bull run accelerates instead of topping.

The only thing you can do is expect the unexpected. Don't sell all your coins at any one price level. We may never go back there.

[lumeire]

Bitcoin next bull run will be absolutely different from the previous one in a positive way, due to the advancement of bitcoin, the next bull run will see us surpass the previous all time high price, I don't think that those solid project will dump so hard when bitcoin is pumping unlike the previous bull run whereby those projects dumped hard before they finally pump

In this pump also the price should surpass the previous ATH of $20k, if we are comparing the previous data where in almost every pump the price surpassed the previous ATH, even once or twice in an year. But now the bitcoin is facing a lot of problem even reaching $20k. There is a long journey from $11k to $20k, but only bitcoin can touch this high, other than bitcoin no other Cryptocurrency can do this kind of thing.
Bitcoin could already have touched more than $20k now but the scams related to it are making it way harder to reach a good price for future pumps. Also, people are now a days being more cautious when it comes to investing because of the COVID spread due to which people are jobless and are having very less spare money to invest somewhere else than the traditional markets. So it will take atleast two more pumps for the price to reach the ATH again.

[Reatim]

Bitcoin next bull run will be absolutely different from the previous one in a positive way, due to the advancement of bitcoin, the next bull run will see us surpass the previous all time high price, I don't think that those solid project will dump so hard when bitcoin is pumping unlike the previous bull run whereby those projects dumped hard before they finally pump

With emerging acceptance and more people to learned about every opportunities that this market have to offer, it will have a big
difference from the last bull run that we seen 3 years ago, it's really making it's way to more adoptions, not only with investors
but also merchants and businesses.

With how the people shows their interest in participating with this new venue of investment, the chance of taking the high to another
peak is really very possible.

[Ayiranorea]

Bitcoin next bull run will be absolutely different from the previous one in a positive way, due to the advancement of bitcoin, the next bull run will see us surpass the previous all time high price, I don't think that those solid project will dump so hard when bitcoin is pumping unlike the previous bull run whereby those projects dumped hard before they finally pump

Cryptomarket is completely unpredictable, upon which we can't state with assurance of reaching new ATH by the next bull trend. Some consider a new ath as the bull trend of the market. In my view, what we experience with the market too is a kind of bullish trend with fluctuation happening out of price correction. I believe the dramatically different bull run to be slow and steady than steep growth.

[pooya87]

actually i believe the next bull run will kill a lot of altcoins instead of making their price go up, like last time because it is always a good opportunity for the bag holders to dump their altcoin bags and get out. additionally like all the previous times whenever there is a bitcoin bull run of a big magnitude there are a lot of new shitcoins coming out that will attract the altcoin trader funds that will come out of the rest of the shitcoins into new ones. which means older ones disappearing.

Not too sure myself.

There'll be a cascade of demand that keeps working its way downwards as top alts become 'too expensive' as well. They'll keep uncovering vaguely alive coins and pumping them too. Last time around even stuff that didn't technically exist or had functioning chains still pumped.

You'd expect the risible junk to die off but there may be enough fresh and desperate meat to keep even the most insulting and obscure ticking away in dark corners.

true but that still wouldn't be a price rise, it is a one time pump and in all those cases back in 2017 all those coins were only pumped once and then dumped right away back down below their initial value and then disappeared. for some of them it was the last nail in their coffin where the pumpers made their last exist.
not to mention that when an altcoin doesn't have a blockchain anymore that means it is already dead. whether some weird exchange still lists them isn't gonna change that.

[Maslate]

Bitcoin next bull run will be absolutely different from the previous one in a positive way, due to the advancement of bitcoin, the next bull run will see us surpass the previous all time high price, I don't think that those solid project will dump so hard when bitcoin is pumping unlike the previous bull run whereby those projects dumped hard before they finally pump

Cryptomarket is completely unpredictable, upon which we can't state with assurance of reaching new ATH by the next bull trend. Some consider a new ath as the bull trend of the market. In my view, what we experience with the market too is a kind of bullish trend with fluctuation happening out of price correction. I believe the dramatically different bull run to be slow and steady than steep growth.

That's the kind of growth that we can call a healthy growth and everyone would like that except those who does not believe on the long term potential of bitcoin and they are just playing with the price volatility of bitcoin. Bitcoin per my observation does not behave the same way it behaves compared before because it's growth is quite stable, support are strong and if it correct a bit, it would easily bounce back at the range it previously break.

it doesn't matter if there is an ATH this year or not, at the current price, I can say it's already a great achievement for this year.

[Twinkledoe]

Bitcoin next bull run will be absolutely different from the previous one in a positive way, due to the advancement of bitcoin, the next bull run will see us surpass the previous all time high price, I don't think that those solid project will dump so hard when bitcoin is pumping unlike the previous bull run whereby those projects dumped hard before they finally pump

Cryptomarket is completely unpredictable, upon which we can't state with assurance of reaching new ATH by the next bull trend. Some consider a new ath as the bull trend of the market. In my view, what we experience with the market too is a kind of bullish trend with fluctuation happening out of price correction. I believe the dramatically different bull run to be slow and steady than steep growth.

That's the kind of growth that we can call a healthy growth and everyone would like that except those who does not believe on the long term potential of bitcoin and they are just playing with the price volatility of bitcoin. Bitcoin per my observation does not behave the same way it behaves compared before because it's growth is quite stable, support are strong and if it correct a bit, it would easily bounce back at the range it previously break.

it doesn't matter if there is an ATH this year or not, at the current price, I can say it's already a great achievement for this year.

Let's admit that bitcoin is really doing good despite of the global crisis that everyone is experiencing. BTC bounced back and now slowly going up. As adoption is increasing and hopefully more merchants will integrate btc as their payment method, our future in crypto is already showing good light. But don't expect to have the ATH very soon. It is better to have organic growth rather than sudden spike and fall back again.

[DevilSlayer]

Bitcoin next bull run will be absolutely different from the previous one in a positive way, due to the advancement of bitcoin, the next bull run will see us surpass the previous all time high price, I don't think that those solid project will dump so hard when bitcoin is pumping unlike the previous bull run whereby those projects dumped hard before they finally pump

Cryptomarket is completely unpredictable, upon which we can't state with assurance of reaching new ATH by the next bull trend. Some consider a new ath as the bull trend of the market. In my view, what we experience with the market too is a kind of bullish trend with fluctuation happening out of price correction. I believe the dramatically different bull run to be slow and steady than steep growth.

That's the kind of growth that we can call a healthy growth and everyone would like that except those who does not believe on the long term potential of bitcoin and they are just playing with the price volatility of bitcoin. Bitcoin per my observation does not behave the same way it behaves compared before because it's growth is quite stable, support are strong and if it correct a bit, it would easily bounce back at the range it previously break.

it doesn't matter if there is an ATH this year or not, at the current price, I can say it's already a great achievement for this year.

The market are always changing after all and it is the reason why we should commit for continuously learning and studying. Before the price of the bitcoin have only few consolidations but now it seems that the price is having a long consolidation. We are now in the 3rd wave of higher lows and higher highs which means the uptrend is intact and strong. Anyway consolidations are also good because it is a sign of strength. I'm hoping to see major breakouts in this current week because the price is no giving a good signals.

[thecodebear]

I believe that the next bull run will indeed be different due to a combination of various circumstances, including the economic crisis due to the coronavirus. Attracting investment capital to the cryptocurrency market will also give a big boost, which will be very different from 2017.

Of course, every cycle will be different, the only thing that is consistent is that there could be irrational buyers willing to buy even if the price of bitcoin is very high. The good thing is that it can fuel the next bubble, however, those noobs are going to be trap for sure.

And now that a new parameter takes shape in the form of the corona virus pandemic, so it will be very different bull run. And the price could soar to a new all time high that we even couldn't imagine.

$100k? I think that's the maximum prediction I'm seeing from different experts online, don't know if they are real experts but I like them because they are so bullish with bitcoin. Imagine if we reach at that price, it could be a crazier bull run compared to the past, and who knows, shitcoins might rise from dead.

Just wanna point out that nobody is an expert in predicting price movements. Anybody who has followed the market for a long time is as qualified to make a prediction as anyone who claims to be an expert. There's no such thing as a price predicting expert.

Somewhere around $100k is a reasonable prediction based on the history of bitcoin movements and the context of the current size of the market, not because some so-called "experts" said it.

[thecodebear]

I definitely see no end in sight as far as volatility goes, and until mass adoption actually occurs, I see no end to these speculative market cycles either. However, I think it's important to note that Bitcoin's price is a direct reflection of adoption. So if that mass adoption scenario occurs, we should expect the resulting price increase to greatly surpass the magnitude of past cycles.

I think FOMO and panic outweigh people's changing perceptions about the value money. By which I just mean the speculative market will continue the boom/crash cycle so there won't just be some turning point where we hit the vertical part of the S-curve and Bitcoin goes from say $50k to $500k and stays there without crashing.

I just think we'll continue to see the same cycles and nothing will be dramatically different

Too easy. I've been trading markets long enough to know this: when a pattern (like these boom + crash cycles) becomes too obvious, it stops being reliable. Too many traders recognize it and front run the pattern, then it fails. This is why fractal analysis tends not to work in general.

That could mean the next cycle is a flop and tops out way lower than everyone expects, at $30K or something. It could also mean the early sellers trying to front run a top at $50K or $100K get steamrolled and the bull run accelerates instead of topping.

The only thing you can do is expect the unexpected. Don't sell all your coins at any one price level. We may never go back there.

Yeah I can agree with that. But all the cycles are a little different, which is not what the winkle twins were trying to say. Like 2013 had a like half way peak, and a quick but normal depth (-80%) crash followed by finishing up the cycle 6 months later, while 2017 was nothing like that and a repeat pattern of extended pump, 40% crash, extended pump, 40% crash, and then the big blow off, in which each pump and crash took about a month before the big pump and blow off happened, that's very different from the 2013 full on peak, crash, short bull run to another full on peak.

I think it is possible we get a series of smaller boom/bust cycles from people trying to get out before the big crash they expect to come, and possibly this past year was the first one of those: parabolic rise to ~$14k, then down for a half year or so (and then obviously the pandemic global crash messed up the patter a bit). Maybe this next year will be another small run and mid-term crash to $25k or something and then instead of the boom starting there it'll be a mini-cycle that falls back to low $10k's for a while before another mini-cycle starts.

I don't see the flop thing you mention happening unless its in this mini-cycle type pattern though. Because the only reason major prolonged bear markets happen is precisely because of the huge bull runs. Just topping out at say $30k wouldn't be that much of a parabolic run so it wouldn't cause like a year long -80%+ bear market like the past two cycles, it'd probably just be more like what we had the second half of 2019.

The Winkle twins though were trying to say it's gonna be different in a positive way because of like infrastructure and institutional investment but I just don't see that playing out in such a way this cycle that the top is like insanely high, ya know. Like to give a super broad prediction, $50k - $150k is a reasonable prediction of the top, whereas I feel like they are saying no the game has changed and bitcoin will shoot far into the 6 digits because this time is different, and therefore the bull run will actually get larger this time rather than smaller, and I just don't see any reason to think that. This time is not different, it probably won't be the exact same as the last cycle, but in general its gonna be the same thing of gradually building up to the point where a global FOMO frenzy takes over. It will surely be a different shape that 2011 or 2013 or 2017, but the overarching cycle will be similar, and I don't see a reason each marco cycle will stop getting smaller gains just because there is more infrastructure or just because institutions are tip-toeing into bitcoin now.

[KnightElite]

I believe that the next bull run will indeed be different due to a combination of various circumstances, including the economic crisis due to the coronavirus. Attracting investment capital to the cryptocurrency market will also give a big boost, which will be very different from 2017.

Of course, every cycle will be different, the only thing that is consistent is that there could be irrational buyers willing to buy even if the price of bitcoin is very high. The good thing is that it can fuel the next bubble, however, those noobs are going to be trap for sure.

And now that a new parameter takes shape in the form of the corona virus pandemic, so it will be very different bull run. And the price could soar to a new all time high that we even couldn't imagine.

$100k? I think that's the maximum prediction I'm seeing from different experts online, don't know if they are real experts but I like them because they are so bullish with bitcoin. Imagine if we reach at that price, it could be a crazier bull run compared to the past, and who knows, shitcoins might rise from dead.

Just wanna point out that nobody is an expert in predicting price movements. Anybody who has followed the market for a long time is as qualified to make a prediction as anyone who claims to be an expert. There's no such thing as a price predicting expert.

Somewhere around $100k is a reasonable prediction based on the history of bitcoin movements and the context of the current size of the market, not because some so-called "experts" said it.

Are you sure? It seems that it is not reasonable predictions. $100k per each is seems impossible in this present time, how bitcoin can achieve it if it cannot surpass its previous ATH. The price is also ranging at $11,000 -$11900 and it will take many more years before that prediction may come true. There are a lot of selff proclaimed gurus especially in trading, do not believe on their predictions. It is better to rely on ourselves than to believe to them because they are just deceiving and creating hype in the market.

[pilosopotasyo]

Winklevoss Twin says,

"The next BTC bull run will be dramatically different. Today, there's exponentially more capital, human capital, infrastructure and high quality projects than in 2017. Not to mention the very real specter of inflation that all fiat regimes face going forward. Buckle up!"

The full article is here, https://cointelegraph.com/news/winklevoss-twin-next-bitcoin-bull-run-will-be-dramatically-different/amp

I wonder what would be the scenario if there is no global recession that the world is experiencing because of the pandemic,things could be very much different from what we see now in the market maybe we already have another all time high this early and we are already making profit from all the coins we've hodl over the years, things is very different now we have the DeFi a much more decentralized financial and there are a new coins with very different features and algo and of course adoption has tripled.

[tyoA7X]

as far as I know the bull run is no different when the bull run came of course bitcoin went up really high that's what I've seen from a long time ago
and vice versa when bear season comes, Bitcoin price will fall fast

[thecodebear]

I believe that the next bull run will indeed be different due to a combination of various circumstances, including the economic crisis due to the coronavirus. Attracting investment capital to the cryptocurrency market will also give a big boost, which will be very different from 2017.

Of course, every cycle will be different, the only thing that is consistent is that there could be irrational buyers willing to buy even if the price of bitcoin is very high. The good thing is that it can fuel the next bubble, however, those noobs are going to be trap for sure.

And now that a new parameter takes shape in the form of the corona virus pandemic, so it will be very different bull run. And the price could soar to a new all time high that we even couldn't imagine.

$100k? I think that's the maximum prediction I'm seeing from different experts online, don't know if they are real experts but I like them because they are so bullish with bitcoin. Imagine if we reach at that price, it could be a crazier bull run compared to the past, and who knows, shitcoins might rise from dead.

Just wanna point out that nobody is an expert in predicting price movements. Anybody who has followed the market for a long time is as qualified to make a prediction as anyone who claims to be an expert. There's no such thing as a price predicting expert.

Somewhere around $100k is a reasonable prediction based on the history of bitcoin movements and the context of the current size of the market, not because some so-called "experts" said it.

Are you sure? It seems that it is not reasonable predictions. $100k per each is seems impossible in this present time, how bitcoin can achieve it if it cannot surpass its previous ATH. The price is also ranging at $11,000 -$11900 and it will take many more years before that prediction may come true. There are a lot of selff proclaimed gurus especially in trading, do not believe on their predictions. It is better to rely on ourselves than to believe to them because they are just deceiving and creating hype in the market.

Were you not around for any of the other bull runs? $100k is indeed a reasonable prediction, so yes, I am sure. And who ever said Bitcoin can't surpass its previous ATH?? That statement of yours is not a reasonable prediction.

I said nothing about listening to self proclaimed gurus, in fact I specifically said at the start of my comment not to blindly believe so called experts because there is nothing to be expert at in price prediction, an "expert" doesn't know anything more than anyone else does who has been in the market for a while.

[thecodebear]

Winklevoss Twin says,

"The next BTC bull run will be dramatically different. Today, there's exponentially more capital, human capital, infrastructure and high quality projects than in 2017. Not to mention the very real specter of inflation that all fiat regimes face going forward. Buckle up!"

The full article is here, https://cointelegraph.com/news/winklevoss-twin-next-bitcoin-bull-run-will-be-dramatically-different/amp

I wonder what would be the scenario if there is no global recession that the world is experiencing because of the pandemic,things could be very much different from what we see now in the market maybe we already have another all time high this early and we are already making profit from all the coins we've hodl over the years, things is very different now we have the DeFi a much more decentralized financial and there are a new coins with very different features and algo and of course adoption has tripled.

The global market crash only pushed Bitcoin back a few months. In Jan/Feb is was building a base at $9000s after coming off the local bottom of $6000/$7000, and then it just re-did that in May/June/July. So the pandemic pretty much just pushed back Bitcoin price action for a few months, I reckon. I had an anti-bitcoin/blockchain co-worker the past few years until a year ago, who would say that the only reason bitcoin has gone up is because the world has been in a decade long bull market, and when a recession hits bitcoin will die. Welp, now we know that beyond the specific days where there are intense market crashes that brings all assets down, Bitcoin performs very well in a recession.



Also I'd say what has transpired this year has if anything helped Bitcoin long term. The insane money printing that has been going on this year will no doubt fuel inflation, in addition to just putting more money out into the world to go into Bitcoin. People will increasingly look to stores of value like gold and bitcoin (but probably much more so bitcoin as the years pass) to keep their money safe from inflation.

In fact I think just this week the US Fed said they are abandoning their 2% inflation target from here on out, and from what I read it is expected that they will set a new target of 4%. At 2% inflation it takes about 34 years for your money to lose half its value, but if this 4% target is right, that means the value of USD will be halved every 17 years. This makes USD a much less trustworthy asset to use as a global reserve at least for long term reserves, and stuff like gold and bitcoin (obviously long term especially for bitcoin, not short term due to crazy volatility) will increasingly be adopted as a reserve currency. In fact we just saw that for the first time this month when the company Microstrategy said it has moved from USD to BTC as its primary treasury reserve, buying $250 million in BTC.

If companies follow Microstrategy's lead, and at least start putting just a few percent of their cash reserves in Bitcoin to offset higher inflation, that alone would tie up many billions of dollars in bitcoin. Imagine one of these giant tech companies with like $100-200 billion in cash that they generally hold onto for a long time, deciding to put 10% of their cash reserves into bitcoin to offset the inflation from the other 90%, that'd be a single company buying up like $15 billion in bitcoin over the course of a couple years. Now imagine dozens of companies putting in just a few percent of their cash reserves, buying anywhere from hundreds of millions to a couple billion dollars in Bitcoin as a hedge against inflation. This would sent Bitcoin's base price an order of magnitude higher.

[dunfida]

as far as I know the bull run is no different when the bull run came of course bitcoin went up really high that's what I've seen from a long time ago
and vice versa when bear season comes, Bitcoin price will fall fast

The different thing that they've been talking about is on how fast and slow it would rise and fall and the money that had been flowing into this market but you do actually get some point too
on how a bull or bear market runs.The question or the thing we do concern of if this one will had that strong foundation of price where it can hold up and wont really be that simple to crash it
out just like what happened when we go dip down back to 3k.

We know that market cant really be just having that losing side.There would be always price increase and rallies but we wont know if those funds who had entered in crypto space do came from mostly
in traditional investors from traditional markets that we've known.

[SquallLeonhart]

The infrastructure thing comes to my mind as well. Since 2017 there has been a lot more companies, a lot more people working in the bitcoin or generally speaking in crypto space and there has been a lot more money invested into not just bitcoin itself but any company or project that is crypto related, so I feel like there should be some sort of difference between 2017 and right now.

If there is a big hype like 2017 and bitcoin price goes very high, this time around the crypto infrastructure is ready to handle a lot more people and could actually increase to a level where we couldn't foresee that easily.

Only due to the increasing investments towards making the crypto space better. There has been other stuff as well but the main thing we need to figure out is the transaction costs which are still high in bitcoin.

[TravelMug]

I believe that the next bull run will indeed be different due to a combination of various circumstances, including the economic crisis due to the coronavirus. Attracting investment capital to the cryptocurrency market will also give a big boost, which will be very different from 2017.

Of course, every cycle will be different, the only thing that is consistent is that there could be irrational buyers willing to buy even if the price of bitcoin is very high. The good thing is that it can fuel the next bubble, however, those noobs are going to be trap for sure.

And now that a new parameter takes shape in the form of the corona virus pandemic, so it will be very different bull run. And the price could soar to a new all time high that we even couldn't imagine.

$100k? I think that's the maximum prediction I'm seeing from different experts online, don't know if they are real experts but I like them because they are so bullish with bitcoin. Imagine if we reach at that price, it could be a crazier bull run compared to the past, and who knows, shitcoins might rise from dead.

Just wanna point out that nobody is an expert in predicting price movements. Anybody who has followed the market for a long time is as qualified to make a prediction as anyone who claims to be an expert. There's no such thing as a price predicting expert.

Somewhere around $100k is a reasonable prediction based on the history of bitcoin movements and the context of the current size of the market, not because some so-called "experts" said it.

Are you sure? It seems that it is not reasonable predictions. $100k per each is seems impossible in this present time, how bitcoin can achieve it if it cannot surpass its previous ATH. The price is also ranging at $11,000 -$11900 and it will take many more years before that prediction may come true. There are a lot of selff proclaimed gurus especially in trading, do not believe on their predictions. It is better to rely on ourselves than to believe to them because they are just deceiving and creating hype in the market.

Lol mate, you just have to wait till we break $20k and then we can talk about the next all time high. Do you think that the price will be stable for the next 2 years around $11k? You just have to look at bitcoin's past history. Doesn't matter if it will take many years, what people are saying that everything is possible.

Again go back to 2017, do you honestly believed that it will reach almost $20k? Of course, we can make our own prediction as there are really no experts, and those claiming are simply making a fool of themselves. But a 6 digit mark is not that far.

[atjiat]

Indeed, if we compare the circumstances of investments in 2016 and 2017 in cryptocurrency, they were due to the desire to get very large and quick profits, but today the situation has changed dramatically, since the economic crisis in the world is aggravating against the background of the current circumstances, including the coronavirus pandemic. national currencies are losing very much in value, and other valuable assets are also depreciating, and one of the best ways out of this situation is investing in cryptocurrency, especially in bitcoin, since Bitcoin is one of the most profitable investment assets.