How long the Bitcoin Bull run continues

[Malik434]

If we compare market trend obviously it doesn't follow previous I mean 2017 bull run
Many investors are staying on hodling line as they say it could cross 150k$ 💵 which sounds unrealistic but honestly speaking it is possible as the increase in stablecoin demands like USDT is increasing day by day.
So, there is a possibility but not necessary. Some says 390k$ is an easy target for bitcoin to achieve.So,I believe on a long bull run. What are your thoughts?

[Ultegra134]

I think the market will have repetitive crashes, of smaller impact, than have a large dump similar to 2017. It hasn't shown any evidence that prompt any similar move. The lowest it went was $29.500~ if I remember correctly. The demand is really high at the moment, while the supply is slowly diminishing.

[Taskford]

If we compare market trend obviously it doesn't follow previous I mean 2017 bull run
Many investors are staying on hodling line as they say it could cross 150k$ 💵 which sounds unrealistic but honestly speaking it is possible as the increase in stablecoin demands like USDT is increasing day by day.
So, there is a possibility but not necessary. Some says 390k$ is an easy target for bitcoin to achieve.So,I believe on a long bull run. What are your thoughts?

Why believe on such crazy prediction about bitcoin will go to $150 - $390k? Do they have any proof for saying that if not then it's all lie and there are so many consideration before that thing happen. Since we need to flip up a huge demand to accumulate more orders on bitcoin so that we can see that coming. For now if you don't know or unsure about future just trade - sell your bitcoin and buy when it's cheap then repeat that to earn

[Malik434]

If we compare market trend obviously it doesn't follow previous I mean 2017 bull run
Many investors are staying on hodling line as they say it could cross 150k$ 💵 which sounds unrealistic but honestly speaking it is possible as the increase in stablecoin demands like USDT is increasing day by day.
So, there is a possibility but not necessary. Some says 390k$ is an easy target for bitcoin to achieve.So,I believe on a long bull run. What are your thoughts?

Why believe on such crazy prediction about bitcoin will go to $150 - $390k? Do they have any proof for saying that if not then it's all lie and there are so many consideration before that thing happen. Since we need to flip up a huge demand to accumulate more orders on bitcoin so that we can see that coming. For now if you don't know or unsure about future just trade - sell your bitcoin and buy when it's cheap then repeat that to earn

If it can jump from 12K to 40K in a month then we should consider that demand is rising heavily and VISA is also considering providing cryptocurrency to its users.
So, be bullish in crypto market 🙄

[Review Master]

So, there is a possibility but not necessary. Some says 390k$ is an easy target for bitcoin to achieve.So,I believe on a long bull run. What are your thoughts?

TBH, $390k is so high as for now because bitcoin needs to cross $50k zone first. Also, it's possible for bitcoin to hit high ATH in the long run, but correction is also needed to take a bullish rally. IMHO, we're on the way to make a new ATH of $50k zone as institutional investors are entering into bitcoin like mad max. 

[GreatArkansas]

If we will base on this S2F model by PlanB(@100trillionUSD on twitter), we can still able to reach $100,000 for this run. This model is somehow using the previous price action of Bitcoin, it is kinda aligning.
That's why $100,000 price for this bull run cycle is very possible, looks like more room above for this bull run.

[Silberman]

If we compare market trend obviously it doesn't follow previous I mean 2017 bull run
Many investors are staying on hodling line as they say it could cross 150k$ 💵 which sounds unrealistic but honestly speaking it is possible as the increase in stablecoin demands like USDT is increasing day by day.
So, there is a possibility but not necessary. Some says 390k$ is an easy target for bitcoin to achieve.So,I believe on a long bull run. What are your thoughts?

While it is obviously difficult to predict when something will happen in my opinion the bottom is easier to predict than the top, the bottom at worst will reach 20k, maybe we could see a value lower than that for a few hours but to me that is the new bottom of bitcoin, however when it comes to the top things are completely unpredictable, even if a price above 100k may seem to be completely out of reach we must remember that bubbles tend to be completely irrational so a price way above that level is completely possible during this year.

[Saisher]

When it comes to bull run, we must observe what's on it that we don't have when we are in a bear market, obviously there were fear and there's not much institutions and whales who are willing to support the market, like what Elon Musk is doing, as long as we have people like Musk coming in we'll have a bull run.

[electronicash]

if you really analyze the market thru some indicators, the market today is already overbought. if it just an ordinary days that fomo wasn't activated, the price probably had been dumped hard but institutional investors are coming thanks to Saylor.

If elon musk has plans to make doge up to $1 then i guess that's your cue there. once doge turned $1, you can then dump everything for crash time is about to commence.

[Lucius]

...like what Elon Musk is doing, as long as we have people like Musk coming in we'll have a bull run.

Don’t be ridiculous, so what has EM done for BTC other than being played on Twitter? At one point he says “BTC is his safe haven” and at another he says “BTC is bs same as fiat” and then starts shilling Doge In other words, he is making a mockery of BTC - unlike those who have invested huge money in it in the past 6 months.

~snip~

It's just speculation, you can't take it for granted and be sure it's going to happen. It is not unrealistic to expect this year to be extremely positive, but again it should not be forgotten that BTC is quite volatile and reacts to everything that happens in other markets - so if the year is positive in that sense, I have no doubt that most very happy with the price by the end of this year.

[SquallLeonhart]

I think the market will have repetitive crashes, of smaller impact, than have a large dump similar to 2017. It hasn't shown any evidence that prompt any similar move. The lowest it went was $29.500~ if I remember correctly. The demand is really high at the moment, while the supply is slowly diminishing.

I would say that long term people like me do care about the movements as well. Not in a "trade it right now!" kind of way but we do get hyped or upset about ups and downs a swell and it is not really just purely about people who happen to trade daily or do shorts or longs. The difference is, traders actually do buy and sell, whereas long term people do not trade daily, we do get emotional daily and we check it once every hour as well and get excited about it or have anxiety over it but we just do not trade it. I would definitely feel a lot more comfortable with holding right now and would be scared to sell.

[Ultegra134]

I think the market will have repetitive crashes, of smaller impact, than have a large dump similar to 2017. It hasn't shown any evidence that prompt any similar move. The lowest it went was $29.500~ if I remember correctly. The demand is really high at the moment, while the supply is slowly diminishing.

I would say that long term people like me do care about the movements as well. Not in a "trade it right now!" kind of way but we do get hyped or upset about ups and downs a swell and it is not really just purely about people who happen to trade daily or do shorts or longs. The difference is, traders actually do buy and sell, whereas long term people do not trade daily, we do get emotional daily and we check it once every hour as well and get excited about it or have anxiety over it but we just do not trade it. I would definitely feel a lot more comfortable with holding right now and would be scared to sell.

I've always held an amount of Bitcoin, I never had much though. Likewise, I'm not sure if I can call myself a trader, I buy/sell only a few times a week, retaining the amount of Bitcoin I have. I also check the price daily to see if I can make a few successful trades. Yesterday, I sold half of my Bitcoin in order to buy it back after the price falls.

Deep down I also believe that there will be another ATH in the distant future, however, I catch myself getting anxious too.

[Lorokan]

If we compare market trend obviously it doesn't follow previous I mean 2017 bull run
Many investors are staying on hodling line as they say it could cross 150k$ 💵 which sounds unrealistic but honestly speaking it is possible as the increase in stablecoin demands like USDT is increasing day by day.
So, there is a possibility but not necessary. Some says 390k$ is an easy target for bitcoin to achieve.So,I believe on a long bull run. What are your thoughts?

No one can actually predict when or if the bitcoin bull run will continue or end; what we have now are just speculations. it is rumored that as usual, the Chinese new year should cause some sort of dip; but as it stands the market is doing well; i can only advise you to close positions if you are profit and do not invest on when or ifs

[jossiel]

A question that only guess can be given.

You can take all of those speculations seriously or you're just going to wait if you're a long term holder. $100k is the target of majority of the holders for this year but it's also possible that we may hit $150k-$390k.

But before you take those predictions to the next level, you should look to the current price first and just take it slowly. Don't rush things.

[STT]

2017 saw a great many sell offs, thats the biggest difference for me.   We had quite slight sell into this rise I think is how I would view it though 42k to 27k is harsh enough maybe that we have ended that negative I think it takes more time possibly a whole year from last autumn to decide on our direction.
   The nature of high momentum I've seen so far has been above 2 day average alot of the time so perhaps observe that as an early warning to any weakness.   Last weekends I think we've not risen like was true over the holiday period so the nature to this bull run has changed a bit, also I think we are outside the trend true for over a month its now a more variable process still positive overall.

[Wexnident]

We've always been in the bull run ever since the crash way back in 2017,2018, and considering that the current development of the market doesn't really indicate any crash in the near future, you could guess that the Bull run would continue for years most likely. It isn't like the abnormal development back then where it rose to sky-high prices in just a moment, we could actually see a foundation this time around, which speaks for itself on how the market has pretty much changed from what has happened in the past.

[adaseb]

Most of you probably don't remember but there was also talk about "instututional money coming to bitcoin" back in 2017. Especially with the CME and CBOE bitcoin futures launch. It created a path for some investors to gain exposure to bitcoin through those futures, even if it was cash settled. There was also crazy FOMO. There were exchanges and Bitcoin ATMs that had to SHUT DOWN due to no bitcoin left to sell. Fast forward a month later and BTC lost 50% of its value from peak, another month fast forward and we hit $6K. So lost 70% of its value.

Now things "maybe" might be different in the fact that we only 2x our previous high instead of 20x our previous high. And looking at exchange inflow and out flow it seems that more and more coins are being sent off exchanges and most likely into long term storage. This is something that wasn't observed at the peak at $20K. So maybe we got a few more months of runs left but keep in mind it doesnt mean it need to hit some crazy number like $500K per BTC. Even if it hits $100K you should take partial profits at least.

[STT]

End of 2018 was a Buffalo run, it got shunted over a cliff in a deliberate cull.   I really dont think we can say the bullish market has been in constant play since 2017, theres been massive tests which ultimately failed and we've fallen upwards as some put it.   A large part of the recent move was from extraordinary measures taken due to 2020 being a unique year but since they cant unwind QE in any proper way I dont think we are ever going to be too negative especially.

[LogitechMouse]

If we compare market trend obviously it doesn't follow previous I mean 2017 bull run
Many investors are staying on hodling line as they say it could cross 150k$ 💵 which sounds unrealistic but honestly speaking it is possible as the increase in stablecoin demands like USDT is increasing day by day.
So, there is a possibility but not necessary. Some says 390k$ is an easy target for bitcoin to achieve.So,I believe on a long bull run. What are your thoughts?

Is $150,000 achievable?? Yes
Is $390,000 achievable?? Yes
Will it happen with its current bull run?? I don't think so.

These 2 targets can be achieved but I doubt that it will be reached by this current bull run we are seeing. Right now Bitcoin is in a sideways movement (although we're seeing right now testing the previous resistance of $42,000 with its recent pump) and seeing even the $150,000 price of Bitcoin to happen this time is almost impossible to happen. Yes we know that anything is possible to crypto but lets just be realistic, Bitcoin jumping from $42,000 to $150,000 in a span of a few months seems impossible.

[maydna]

The bitcoin bull run this year will not follow the previous bull run, but the good thing here is that it can increase double from the last time ATH. So no matter if the bull run is not coming yet, we still make a big profit as the price now is more than $38k, and now, the price touch $39k. Perhaps, the price will have up and down many times before the real bull run happens, but I consider that this time is the bull run because the price can increase step by step. We don't know how long the bitcoin bull run continues, but we can now enjoy the price and sell bitcoin at a high price. But I guess the price will be less than $100k this year, and perhaps it will increase more than $100k in the next year.