Experts...how long do you think this bullish trend will last?

[Phantom Investor]

To the experts...how long do you think this bullish trend will last? This is quite exciting. The third wave was predicted to be at around 21.2k by the end of December and it’s already blown past that mid-December. Let me know...thanks

Regards.

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[thecodebear]

The basic four year market cycle model has this long term bullish trend continuing for a year. $100k the likely target.

Unless you are talking about shorter time periods like how long until the next local correction. In that case I'd guess in January we'll see a correction back to the $16k-$18k range if price pushes up to $23k-$25k this month.

Just a guess. There's no such thing as an expert. Everyone is just guessing based on prior experience, recent events and momentum, and technical signals (which themselves just lead to educated guesses which could be right or wrong).

[Coin_trader]

The basic four year market cycle model has this long term bullish trend continuing for a year. $100k the likely target.

Unless you are talking about shorter time periods like how long until the next local correction. In that case I'd guess in January we'll see a correction back to the $16k-$18k range if price pushes up to $23k-$25k this month.

Just a guess. There's no such thing as an expert. Everyone is just guessing based on prior experience, recent events and momentum, and technical signals (which themselves just lead to educated guesses which could be right or wrong).

This is true, Determining how long this bullish trend is very hard to predict precisely.


To OP, You should not look for the time but rather the price. You can determine whether the trend is near to end once the volume weak and indicators shows signal. Correct me if I'm wrong but I don't see any indicator that focus on the date. All focus on price.

[tranthidung]

To the experts...how long do you think this bullish trend will last? This is quite exciting.

Don't believe in what so-called experts say. Bitcoin is onlyin its early of a full bullish mode. The break through $20,000 yesterday shows how healthy the bull market is. It is never easy to say the future of market but I expect the market will have a bullish phase till the end of next year.  I meant corrections will happen and bear in mind 30% serious correction. It is a matter that at which price that huge correction will be triggered.

In the long-term perspective (longer than end of 2021), I am bullish with bitcoin. You can skip the price chart and look the supply chart that shows bitcoin jumps into its deflation period after the 2020-May halving. The next halving in 2024 will put bitcoin into a very flat area and it is deflationary phase.

• Bitcoin Halving, Explained

The third wave was predicted to be at around 21.2k by the end of December and it’s already blown past that mid-December. Let me know...thanks

The given price was surpassed about a hour ago.  

[pooya87]

So far this bull run has lasted for more than a year even if some people refused to see it while price was rising up big time from the $3200 bottom. And right now it is just starting to become a slightly bigger size bull run otherwise the trend is the same as before.
Considering the fact that the adoption is also growing much faster now that the ATH was close (and is now in rear window) and the historical fact that these bull runs are like a cycle, we can expect at least 1.5 years of rising and yet another massive bubble at the end possibly in mid 2022.
My personal expectation has always been between $400k-$500k from the start of this cycle.

[sunsilk]

I'm not an expert and no one can exactly say how long this bull trend will last. But this quote has said it with observation about the four year cycle of bitcoin.

The basic four year market cycle model has this long term bullish trend continuing for a year. $100k the likely target.

Unless you are talking about shorter time periods like how long until the next local correction. In that case I'd guess in January we'll see a correction back to the $16k-$18k range if price pushes up to $23k-$25k this month.

Just a guess. There's no such thing as an expert. Everyone is just guessing based on prior experience, recent events and momentum, and technical signals (which themselves just lead to educated guesses which could be right or wrong).

What's your status OP? are you one of us that's enjoying this bull run who had kept and hodl some during the lowest price of bitcoin? What's on your mind? are you asking because you want to know if it's still a good time to buy? if that is so, it's hard to tell on this point if you're not long term in bitcoin. Buying at this level will give you some fear.

[Argoo]

To the experts...how long do you think this bullish trend will last? This is quite exciting. The third wave was predicted to be at around 21.2k by the end of December and it’s already blown past that mid-December. Let me know...thanks

Regards.

So far, bullish growth trends continue for the future.  We expect further price increases in Bitcoin and other cryptocurrencies next year.  However, it is completely impossible to predict the movement of Bitcoin for a short time.  With the same degree of probability, now the price of bitcoin may rise further or fall.  However, this will not prevent its further general price growth.

[dansus021]

The third wave was predicted to be at around 21.2k by the end of December and it’s already blown past that mid-December. Let me know...thanks

The given price was surpassed about a hour ago.  

kinda funny see your message 

but yep in my opinion bullish trend will last till next year and so many people believe 25K price will hit the market in this month, just can't wait for the altseason coming 

[inanilujimi]

bitcoin's journey to the ATH point again, is not something to be had in a short period of time, this indicates that the current bull market will not be short-lived to be exact, although I am sure there will be a correction at the end of the year but it will not be long for it to bolt further while no new FUD developed in the community.

[royalfestus]

We are in new area of price for bitcoin and still looking for the new resistance of price from here. The market is obviously bullish and we expect it sustained for the next 12-18 months. After it find the resistance we expect stability and slight correction from there. Even in the bullish market we will have corrections but not the bearish way. If all things go well the next correction will allow the great altseason especially in bitcoin value for couple of months, most altcoin will achieve btc value they will never have again.

[shane_gr]

The price has now reached 21,000 and experts have made a correct analysis. Bitcoin may reach 22,000 and above by the end of the year, but we can consider this as a manipulation of the whales that want to market at the end of the year.

We are in new area of price for bitcoin and still looking for the new resistance of price from here. The market is obviously bullish and we expect it sustained for the next 12-18 months. After it find the resistance we expect stability and slight correction from there. Even in the bullish market we will have corrections but not the bearish way. If all things go well the next correction will allow the great altseason especially in bitcoin value for couple of months, most altcoin will achieve btc value they will never have again.

In my opinion, when Bitcoin stabilizes in the 20,000 channel, we can expect higher prices, and if the price increases without stabilization, there will most likely be a big drop, and we have seen this in the last few months.

[moderator's note: consecutive posts merged]

[Kelvinid]

I'm not an expert nor we can see anyone that could really tell until when.
And for all the bullish season that we have in the past and including this year, I would say that 2020 is the longest one. I hope that this will continue until next year, that seems so possible. We are almost 1 year in a bullish market and it is still on momentum and besides, we are not expecting the price it reaches $23k (at this post), we are likely to reach $25k at any time.

[Leviathan.007]

Each bullish run trend will last 4 years until the next halving. Considering the current situation of market and the stability of the price we are still on the bull run and there is not any technical or fundamental reason to say bull-run is going to be finished before the next halving. Considering this situation, we can see much higher prices before ending this period. Even 50K is possible right now.

[irixo10]

Many experts have been on different prices of Bitcoin before now, with their own different time frames but unfortunately none worked till recently when Bitcoin passed the $20k towards a new ATH, this shows that, predicting the price of Bitcoin is always hard and there is no expert that can give a concrete answer on how long the bullish trend will last or the price it will get to. So, you have to decide on your own what you want, hold Bitcoin or not, whatever be the reason just know there is a very big distinction between Bitcoin and other coins, one of which is, Bitcoin is the highest valuable cryptocurrency with more room for growth.

[Betwrong]

I don't know for how long it will last, but the very fact that the previous ATH is surpassed is a very good thing. The Golden Rule of Bitcoin, which many people here, including myself, believe in, that no matter what Bitcoin always surpasses its previous ATH sooner or later, this rule has been confirmed once again.