Could be in for a very long sustained bull market

[philipma1957]

The dow jones had extended bull runs lasting years on end.

Soooooo  I would argue Btc could have a two- three year run of which we are only six month’s in counting 2020 Sept  20 or so as a starting point.

If so a slowly upwards move with small correction then new ath may just carry on and on and on.

Time will tell.

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[ethereumhunter]

What if these corrections and slowing down of growth will be viewed as a signal that there won't be any exponential price growth, so those who are hoping for it would just take profits and dump their coins that they might have hodled for years? This could trigger a bear market, and the institutional investors could be considering this scenario too - maybe they wouldn't mind Bitcoin going down, so that they can short it and then start accumulating again at the bottom.

If the correction is slowing down, I think we do not have to panic because we can still use it to profit, although that is not too big as before. I do not think that the hodler will sell or dump their coins at once because they want to see bitcoin price at a high price and sell it. Even if they do that and trigger a bear market, that will not be a problem to people as they do not see the price is down in a fast way. I am sure they can start accumulating more bitcoin at a low price. Maybe the price will be more volatile in the future, especially if the price hits more than $100k. But who knows for sure about that.

[el kaka22]

You can't expect companies to keep buying constantly, they have bought over 20 billion dollars worth of bitcoin total in the past 400 days or so, that is more than enough for us to go up and we did that, you can't expect that to continue, what should they do, keep buying billions of dollars worth of bitcoin once every week? That would omit all the money even wall street has in a few years, that is not realistic to expect.

This is why I think it is quite important to realize that we should not put our hopes into these people, let those companies do whatever they want and we should try to move bitcoin up ourselves as well.

If we let it be like this, that would not mean anything nice for any of us, we would just be people who sell and people who hold, rarely there will be small buyers, then hope big names protect us, that is not going to fly, we should be able to at least keep the price around these prices with our buys.

[chikading2016]

Thinking about recent price action, and that it seems institutional buying has slowed compared to Dec/Jan, I think it's possibly we might not even get a peak this year.

Grayscale has slowed down substantially, granted there are now more and cheaper paths to access bitcoin now as compared to end of 2020, but institutional buying does seem slower than a couple months ago. And I'm saying that is a good thing! Institutions are clearly continuing to come in, but they aren't FOMOing. And retail market is nowhere near mania FOMO levels either.

Institutions seem to get wary any time price jumps significantly, and probably feel more comfortable buying in when the price isn't hitting ATHs. Given that it seems we're getting a decent correction every month, the market overall seems to not want to allow parabolic runs to go too high and become unsustainable. Unsustainable parabolic moves is how we get blow-off tops and crashes. With a more mature investor coming into the market for the first time this cycle, it is definitely possible we don't get a huge blow-off top this year, but instead just a gradual grind up in price in a way that lasts far far longer.

This could be how a super cycle plays out - years of grinding up, with very regular corrections to keep price appreciating in a stable manner, and institutions gradually moving in more and more whenever they feel price hasn't gone up too much recently, and some of them taking a little off the table when they feel it has gone up too much, as compared to the past cycles of mass retail FOMO leading to huge blow-off tops and crashes and crypto winters.


Thoughts?

Everything depends on the market, bullrun depends on the market supply and demand if the demand is high price will simply rise and if the demand is low it will fall. I believe that the pandemic is one of the factors that affect the crypto market the demand is getting more high that is why the price is mow rocketing, maybe more people now see how important crypto is, and they start believing in cashless society in the near future.

[yohananaomi]

If the market demand continues to grow in this way then its volatility will not slow down as long as it continues to go upwards the bull market will last many days and it will be long lasting currencies rise in value as they rise and fall. Traders are increasing the amount of their investment to hold bitcoin, which has already broken its highest record. The market cap will go up further and in this way bitcoin will create a new world if the bull run continues.

bitcoin will clearly create a new world with an increasing movement from last year. but it must also be noted that bitcoin will always make corrections every time it creates ATH, this should not create excessive fear because usually after a correction the bitcoin will immediately increase again. this makes bitcoin a short-term transaction.

anyone who can take advantage of this will certainly get very good results. because the difference between increases and decreases is quite significant, but once again the funds that must be provided are also large because prices are already high.