The bull market still exists

[clippers]

After analyzing the Fed meeting, I found that its timetable is basically consistent with my predicted Bitcoin price changes. It is expected that there will be an interest rate hike in the first half of 2022, which is also the time when the bull market reaches its peak. There will be no major breakthrough in the price of Bitcoin in the short term, and it may take two to three months to build the bottom for the next bear market. The $40,000-60,000 range will be the bottom price of the next bear market.

[1715011260]

1715011260

[Kelvinid]

After analyzing the Fed meeting, I found that its timetable is basically consistent with my predicted Bitcoin price changes. It is expected that there will be an interest rate hike in the first half of 2022, which is also the time when the bull market reaches its peak. There will be no major breakthrough in the price of Bitcoin in the short term, and it may take two to three months to build the bottom for the next bear market. The $40,000-60,000 range will be the bottom price of the next bear market.

if the market demand remains high until next year, we might able to reach that price (or even more).
Nevertheless, the market remains unstable and we definitely have to expect changes in the days coming and we cannot just base the situation today for the future because it totally not the same.

In fact, many speculations arise that after the Bullrun the market went down hard but see what happens, we are still at high ($30k plus). It seems to be surprising and it is to prove that the market is unpredictable.

[AakZaki]

In my opinion, the sudden drop of bitcoin didn't really indicate that we even left the bull market in the first place, the FUD spreader are just loud at that time that we were worried.

There are indeed many FUDs in circulation and they always appear and new FUDs keep appearing. But this time it has been balanced with good news about Bitcoin and also news that Tesla still owns Bitcoin and only sells 10% of their total bitcoin assets.
The market is in a period of correction to form the strongest support and rise again.

[Reatim]

FUD nowadays are already a disgrace and people in crypto Knows when to believe and when to deny this is how mature the investors now.

Bull market is still on until the market shows the negative signs that what 2018 happens.

I hate seeing many people shows hates towards market when the price falls but never become thankful when the Bull happens.

[Pandji02]

Of course it exists. Every person who's been in crypto more than for a year understands it. Well, a lot of people sold and i'm sorry for them.

[ropyu1978]

bull market is clearly still there, when the bitcoin price is down you can say a lot of people are posting negative things about bitcoin, and they are trying to fool everyone by saying that the bitcoin market has been destroyed,, this is just a game for some people, if we believe the words their negative, maybe we will experience a big loss..

[CryptoStar19]

bull market is clearly still there, when the bitcoin price is down you can say a lot of people are posting negative things about bitcoin, and they are trying to fool everyone by saying that the bitcoin market has been destroyed,, this is just a game for some people, if we believe the words their negative, maybe we will experience a big loss..

Some of the biggest financial institutions of the world have been caught numerous times in the past downplaying an asset and spreading all kinds of FUD when it became known later that they were accumulating that asset at the same time... it's a strategy by big players to rob the smaller, newer players out of their money.

[MFahad]

The bulls are really still with us. Should we expect 50k soon?

There is no reason to think that bull run is over. Even the death cross will not confirm the bear market becasue bitcoin has so good fundamental and no holder will be willing to sell in panic.

[SaShiRaJaVu]

Bull market is still on until the market shows the negative signs that what 2018 happens.
I hate seeing many people shows hates towards market when the price falls but never become thankful when the Bull happens.

People like to create FUD because many missed the rally especially due to personal financial reasons due to the pandemic and you can see many old news resurfacing to mislead new users or some lazy new sites are trying to use them as click baits so that people will jump on to the site.
I am also expecting the bear market but it might take a few more months until major investors book their profit.

[rosebrand]

I really like this, I have always known that the bull run isn't over yet its Just some manipulation and FUD that is giving us this low prices and am sure $65k is not the top for bitcoin this year. So bad many of this guys who didn't buy bitcoin at a cheaper rate are causing FUD and making panick sellers to sell of so that there can see a low price to jump in and invest, it's very much certain that the bull is still very much around it hasn't ended yet slowly we will see prices bouncing back to the top.

[22bits]

To step back a bit, we have been in a tremendous bull run in BTC for a long time.  The uptrend as been exponential and too fast too quick so the pullback to above 31 from 65 was healthy.  Could it go down more, yes.  But I think the current conditions favor gradual uptrend since many of the weak hands have been flushed out already.  Down 75 - 80% from peak is possible but gradual uptrend from current levels more likely.

[amosfrancis]

I appreciate the analysis made. It is extremely precise and quite interesting to go through. It is true that the bull market is not over yet in spite of the fears from a considerable volume of traders.

[swiftbits]

The price of Bitcoin 6 years ago was almost stable; we waited for years to get a hot strike; it only happened because of the development of multiple coins that want to compete with BTC. Now that we see the rise of Non-Fungible Tokens, the resurgence might happen, and we will reach the new ATH.
Things might flow much easier due to the increase of investors, but we still need to be patient.

[ILuckyGuyI]

I hope that the bull market still continues. Because I've started thinking like it's long gone and we are in the bear market from now on. If we still are in the bull market, then I hope that the market starts recovering soon.

[Alanaz]

The analysis is very good, but I think the price of BTC will stay flat for a long time, because the market is in a reversal phase, many projects have not created a great attraction from the market.

with a lot of bad news from btc i think this is true, because if you look at the existing charts and news about fud everywhere it will be very difficult for btc to go up directly and maybe it will be flat it could be down again.
but whatever it is I think now many people are starting to understand and not waste the assets they have by selling their assets.
stay relaxed and don't panic too much because everything takes patience to achieve beautiful things

[verita1]

Bitcoin has survived by two very hard blows as we all know the FUD of Elon Musk when he announced that he will not receive bitcoin as a means of payment in his Tesla cars due to its environmental impact and the second blow that bitcoin received when the Government of China imposed new regulations on cryptocurrency transactions.
But bitcoin survived and according to Plan B on Twitter we are resuming the run.

Just to confirm: both my S2F (X) model and on-chain signal point towards a second run of this bull market🚀

https://twitter.com/100trillionUSD/status/1404845184819544067?s=19

[Blowon]

I've always said that at the beginning of June it was a correction market, although I can say it's a bearish market, but it's all a whale game, I think who's not interested in the cryptocurrrency industry that has a considerable volume in this business. Everyone is interested but not everyone knows him. Bull runs will continue to exist only the decisive moment.

[LUCKMCFLY]

I think the bullish trend is still on the rise, if in the hypothetical case that Elon Musk had not said his FUD message towards BTC, I think we would be at least reaching $ 70k. Now Elon Musk has announced that he will accept BTC from clean energy mined, but will he make his cars with clean energy fuel? At the speculative level of the market I think Elon Musk did everything on purpose because he needed to sell and at the same time realize his enormous power of manipulation. Based on these speculations, it is likely to think that the bullish sentiment has been around for months, in fact I can't stop thinking that this year BTC will reach $ 100k and by 2022 it could reach $ 288k, this only when roughly waiting for the compliance with the S2F model.

[Distinctin]

I think the bullish trend is still on the rise, if in the hypothetical case that Elon Musk had not said his FUD message towards BTC, I think we would be at least reaching $ 70k. Now Elon Musk has announced that he will accept BTC from clean energy mined, but will he make his cars with clean energy fuel? At the speculative level of the market I think Elon Musk did everything on purpose because he needed to sell and at the same time realize his enormous power of manipulation. Based on these speculations, it is likely to think that the bullish sentiment has been around for months, in fact I can't stop thinking that this year BTC will reach $ 100k and by 2022 it could reach $ 288k, this only when roughly waiting for the compliance with the S2F model.

But the question is if the community still has the guts to listen and believe him? After all, he did, I don't think so.

Anyway, I still seeing the market to stay at a bullish level even without Elon Musk, even without such manipulation stuff. In fact, he (Elon) leave out from crypto we never experience huge changes, and besides, we are happy about that situation.

That probably there is another another Bullrun will come and we never know yet, might be 3-4 years from now, or earlier than that.

[nurilham]

Anyway, I still seeing the market to stay at a bullish level even without Elon Musk, even without such manipulation stuff.

But we must admit that Elon Musk and the manipulation really give a direct impact on the trend of crypto market. After FUDs made by Elon Musk and other negative issues were spreading from China and the USA, crypto market experienced a huge dump. It showed us that those have big power to influence crypto market.

That probably there is another another Bullrun will come and we never know yet, might be 3-4 years from now, or earlier than that.

Indeed. Even if there is a schedule of Bitcoin halving, but basically we don't really know when the bullrun or bearish to come and go. We only have some predictions about them. Since crypto market is unpredictable, there is no exact time for bullrun or bearish.