Bull run is over?

[emrecemsan]

The bull run was supposed to end in late January and early February. But this process continued with Tesla buying bitcoin. At the moment, nobody knows if the process will continue. But for me the fall is inevitable.

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[wheelz1200]

I think I already saw this scenario where bitcoin struggle to get back to the price it has previously him.
Just Bitcoin get back to $50k but it didn't stay long, so I guess the trend now is already bearish, or this is just a temporary and short term correction?

Also, as we can see, altcoins are pretty much affected, most of the coins in the top 100 of the CMC has been significantly affected, most of them are reddish at the moment. 

We can see the coins (https://coinmarketcap.com/_

So many threads already with this.  And yeah if Bitcoin goes down you can bet most every alt will go down as well.  Nothing has changed in crypto since the beginning of these markets.  Ride some alts if you want to on the way up, but if Bitcoin starts a continuous dip best get out before your bags are worth squat.  And do I think Bitcoin bull is over.  Maybe.  Anyone that answers differently is just guessing determine for yourself based on market conditions.

[Ridwan Fauzi]

Indeed, if the weekly candle will be formed as red candle, there will be a bearish sign. But, it is just for a while, I mean it is just a correction. Take a look at monthly candle, seem like the monthly candle will be formed as green candle which mean the bullish market will be held for long term.

Also fundamentally, there are still so many good news. A few days ago I see an instutional investor has bought bitcoin from his company fund. As long as instutional still hold and buying bitcoin we still in the bullish market because they can be able to change the price movement comparing to retail trader. 

[lovesmayfamilis]

Recently, with any fall in Bitcoin, prophecies of the end of the bullish rally begin. Why such dull thoughts? Can you still accept the fall as a sign that you can still buy bitcoins? This is what institutional investors do. MicroStrategy, for example, buys bitcoins regularly and gradually with any fall, so as not to have a big impact on the rate. We have to get used to the fact that bitcoin cannot only grow without correction. Nobody, not even professional traders, will ever tell you where is the peak and where is the bottom. Therefore, it is best to stick to a hold strategy and buy more bitcoin if possible.

[ichsan ardi]

I think I already saw this scenario where bitcoin struggle to get back to the price it has previously him.
Just Bitcoin get back to $50k but it didn't stay long, so I guess the trend now is already bearish, or this is just a temporary and short term correction?

Also, as we can see, altcoins are pretty much affected, most of the coins in the top 100 of the CMC has been significantly affected, most of them are reddish at the moment. 

We can see the coins (https://coinmarketcap.com/_

most likely this will happen over a long period of time, a very drastic decrease from the current day to day.
I also don't know if bullrun is over

[carlisle1]

The bull run was supposed to end in late January and early February. But this process continued with Tesla buying bitcoin. At the moment, nobody knows if the process will continue. But for me the fall is inevitable.

That's only and assumption and there's no clear information that we can gather in regards to that time frame.

It's all about following those news that affects the trend and speculate with how will you manage to anticipate what will be the next direction
of the market.

All about speculative opinions, it's your own assessment that leads you to acquire compensation and avoid you to lose your investment.

I also don't know if bullrun is over

Very precise, just do your assessment and take whatever position you think is best for your investment.

[Natalim]

I think I already saw this scenario where bitcoin struggle to get back to the price it has previously him.
Just Bitcoin get back to $50k but it didn't stay long, so I guess the trend now is already bearish, or this is just a temporary and short term correction?

Also, as we can see, altcoins are pretty much affected, most of the coins in the top 100 of the CMC has been significantly affected, most of them are reddish at the moment. 

We can see the coins (https://coinmarketcap.com/_

most likely this will happen over a long period of time, a very drastic decrease from the current day to day.
I also don't know if bullrun is over

We all don't know but the market recently is quite telling us that bull run is over.

Today, as per https://coinmarketcap.com/, bitcoin is down 7% trading only at $46000, and I believe soon as it continues to be bearish, we will see it dropping below $40,000... that's the scenario in the correction period and we should understand it's normal and it happen many times in the past.

[hari9981]

I think the market drop because of some people take profit and some weak hand got panic sell because of it.
Now many people start to accumulate more and i think the bull will show off again.

[hush]

I think the market drop because of some people take profit and some weak hand got panic sell because of it.
Now many people start to accumulate more and i think the bull will show off again.

Exactly that is happening right now some coins showed very good performance and now perfect time to take profit. I hope very soon this will be back on the track and it will get explode.

[peter0425]

I think I already saw this scenario where bitcoin struggle to get back to the price it has previously him.
Just Bitcoin get back to $50k but it didn't stay long, so I guess the trend now is already bearish, or this is just a temporary and short term correction?

but what i see in here? is that what happened last December when Bitcoin almost break the 20,000 and yet how many times this fails? but once achieved the ATH change over and over again.

For me this is just another attempt of breaking the momentum and make it another Pump sooner.

Also, as we can see, altcoins are pretty much affected, most of the coins in the top 100 of the CMC has been significantly affected, most of them are reddish at the moment. 

We can see the coins (https://coinmarketcap.com/_

Common way of How altcoin means relying in Bitcoin .

[Btc_1856]

We get panic after decreasing the price. But we should avoid the panic sell and hold for a long term. For the correction, price is decreasing. I think, within short possible of time, price will be growing so fast.

i don't see any reason to panic my friend,
so, no need to panic, because its only a corrections, i believe in the near time we will see all good altcoins in green colour again

Many people are predicting still, the bull run is not over yet. As long as, bitcoin is fluctuating we cannot able to say the market situation. Altcoins will still fluctuate continuously, we should always change our mindset based on the market situation. Everything we need to prepare based on the market situation.

[Noctis Connor]

I think I already saw this scenario where bitcoin struggle to get back to the price it has previously him.
Just Bitcoin get back to $50k but it didn't stay long, so I guess the trend now is already bearish, or this is just a temporary and short term correction?

Also, as we can see, altcoins are pretty much affected, most of the coins in the top 100 of the CMC has been significantly affected, most of them are reddish at the moment. 

We can see the coins (https://coinmarketcap.com/_

Base own my observation bitcoin bullish divergence is near to stop that means the price can be increase again therefor most of those who wants to invest their money into bitcoin has given their chance to grab it and buy bitcoin as you can see most of theory that bitcoin can be down into $44,000 but doesn't mean it will continue most of companies already choose to invest their profit into bitcoin , and choosing to create another coin when the price of bitcoin goes down doesn't mean altcoins can be affected there are different markets since most of them are getting profit from trading which is altcoins.

[Iyeman]

I think the market drop because of some people take profit and some weak hand got panic sell because of it.
Now many people start to accumulate more and i think the bull will show off again.

That makes sense but bitcoin is so difficult to be bumped again. There are some whales that were dumping their bitcoin instantly and some exchange sites having trouble with their platform. It's not people but the institutions have started to accumulate more and more bitcoin to their pocket. I hope bitcoin price can be recovered again as soon as possible.
It looks like the bullish trend still continues after this dude.

[meanwords]

Not yet I think. This is probably the biggest correction we have yet since 2021 and it's actually expected since Bitcoin has been going up tremendously this last 2 months. There's going to be more bumps from now on especially regulations are tightening up and countries all over the world are either banning or legalizing Bitcoin. It's still a roller coaster out there.

Anyways, this recent dump might be because of Elon Musk and that recent Nigeria issue that's going around lately. Just some FUD to get cheaper Bitcoin again.

[Inkdatar]

Some conclude that bull run is over but some assumptions it is not yet over. I have observe others comparing the current condition of bitcoin market from previous years of bearish market. In my view, it is a correction from reaching all time high, and it will bounce. A lot of speculation actually but seeing more institutions adapting bitcoin will giving more demand in bitcoin market. 

[Natalim]

Some conclude that bull run is over but some assumptions it is not yet over. I have observe others comparing the current condition of bitcoin market from previous years of bearish market. In my view, it is a correction from reaching all time high, and it will bounce. A lot of speculation actually but seeing more institutions adapting bitcoin will giving more demand in bitcoin market. 

Seeing difference speculation is normal but n reality we really can't tell what speculation is correct, it could bounce or it would continue to sink but you have to decide on what you believe, either you still hold or dump now, make sure you'll not regret that decision as you are ready to gamble on the possibility of the future.

[slaman29]

That's right Bitcoin for now looks like it's struggling to get back up to $ 58k. But that doesn't mean the bull run will end, it's just short-term correction.

Absolutely. In fact I think this price correction is super healthy for the long run. Imagine if bears to their worse and we only see 40k plough, it's going to be smoother sailing to 60k and beyond after this.

Unlike if we head up rightaway without corrections, profit will be too hard to resist.

[TinaK]

The bleeding market is little negative effects of all the crypto currency, nowadays all are enter in crypto trading so it will going rock on past days. But Elon musk hidden shortcuts are hard to understand all the peoples.
Bull run is still waiting for the next jump so we never said it is over in current market. I hope it is again cross the $50k in upcoming days and end of the year it will reach $100k so stop panic sell in Bitcoin.

[jaberwock]

We're speculating a huge coin and that's Bitcoin, anything can happen so better to stick to your plan than to focus too much on its current trend. If the bull run is over then so be it, now its time to wait for the Bottom which I think is also not sure to happen. Bitcoin can still go high if there's a more good news coming into this market, there's no strong resistance for Bitcoin if its meant to go up, but right now its better to take profit for a while.

Speculating is all we can do right now, not like any of us know exactly what is going to happen, all we do is try to guess what is going on. Bitcoin is unknown and nobody can guess or predict what is going to happen, we could just try to hope that it will do what we want, I personally think that it should be doing better right now and it was just a correction and after the correction there will be a recovery period and we are going to end up doing a lot better.

However by the looks of it whichever direction it goes, we are going to have a good amount of time not really doing anything, which is the most scary part because if it goes down you know it is a bad thing, could be bear or correction or anything but at least you know what is going on, if it goes up you are happy, it could be a bull even if a dead cat bounce, but if it is staying the same, it is always a bit scary.

[uray]

Some conclude that bull run is over but some assumptions it is not yet over. I have observe others comparing the current condition of bitcoin market from previous years of bearish market. In my view, it is a correction from reaching all time high, and it will bounce. A lot of speculation actually but seeing more institutions adapting bitcoin will giving more demand in bitcoin market. 

It is hard to determine what the market would be as the market is controlled by institutional investment unlike the last two rallies there is a dominant investment from billionaires and institutes and that makes it hard to predict when these huge investors will be selling their coins or whether they will pump and dump for a while before dumping everything.