What is your opinion on recent bull market, will it be over soon?

[Kinghunter0071]

Yes it will likely be over soon.

We probably have until January 2022, but everything afterwards is no man’s land, where only the desperate degenerates are.

It’s ok to be a degenerate right now and chasing 10,000% gains and memecoin pumps. It’s actually important to be a degenerate in a bull run, otherwise you miss the crazy 10,000% opportunities every bull run brings.

However, many crypto investors have become addicted to crypto and it has become most their main identity.

Then, once the bull run is nearing its end, they don’t want to lose this identity and their current lifestyle.

They want to keep sitting at home looking at charts, hanging out in telegram groups and disrupting the financial system and not work in a cubicle 9–5 with a boomer boss who has no clue about what’s going on in the world right now.

They don’t realize that they can go to a nice island and sip margaritas and don’t have to go back to that 9–5 cubicle, because they are too deep in the trenches.

Chilling on an island and sipping margeritas is part of the crypto life cycle as well.

[masterrex]

IMHO, I believe thats the reality, it has no permanent situation in this world everything has changed, including the crypto market. Actually, we are in the transition period now, and maybe in the last quarter of the year 2021 we can see and experience it, as the bearish trend has been seen in all angles, But it's not the first time we experience it because in 2018 the longest crypto winter in the history was the worst one so just believe the crypto industry will survive through the test of time.

[Nunoluck]

Actually I think that the real bullish market trend is not started yet. I think it will start in October or November, I am not sure when the bullish market will end. Maybe before january?. I already take good position in trading so there is nothing to worry, I just need to wait. I personally think that the volatility is still not as big as last bullish market trend so it's mean that the enthusiast of traders is still normal and not too hype. I expect higher volatility will happen soon. But I am not an expert, maybe I am wrong, that's just my opinion.

[GreatArkansas]

For me now, I still don't think we are already in a bear market. With this kind of price action of Bitcoin, especially when Bitcoin dumped before from all-time-high around $60,000+ and dumped on around $28,000. Then after few weeks, it bounced back to $50,000.
Or for me, we are already in new cycle, from bouncing from $30,000 to $40,000 makes the short bear run ended.

[ice18]

Even if we reached $100k/btc this year, I still don't think bull market will be over in the next few months, if we hit this price more people will come into crypto and buy bitcoin, extending this bull market into longer time, If I will decide to take profit in this bull market, I will wait for next year if what will be the situation, charts still pointing to a more bullish bitcoin in the next year so relax and hold for now, party is not yet over in my opinion.     

[Jating]

Oh well, that's crypto's life cycle, it usually happens in a 4 year cycle, but who knows, maybe the cycle will change as bitcoin's narrative also evolved, so we might see 2 huge cycle that ends in 2020 and then another cycle 2021-???.

In any case, we should be ready specially in 2022, if we made profits in 2021 we can take it and then re-evaluate our investment strategy come 2022. There's nothing wrong to have a exit strategy as others have been preaching.

[palle11]

In any case, we should be ready specially in 2022, if we made profits in 2021 we can take it and then re-evaluate our investment strategy come 2022. There's nothing wrong to have a exit strategy as others have been preaching.

You have any idea or prove to say bitcoin will drop at next year? To my reason nothing is certain about that yet. Bitcoin is taking a new turn since covid-19 chased more people out of work and inside the internet  People have started more investment with that opportunity that looks like opening of eyes and traders getting increased daily. I think price dropping won't be as serious like we speculate for it to go way down. This isn't advise but I'm thinking things may come differently next year against the general thought of fall.

[tulusikhlas]

There is no truly accurate benchmark as to when it ends and when it continues. we can only be vigilant and try to manage the asset value as much as possible. Although it can't be as expected because this is the crypto cycle. It will not be in the Bull market forever nor will it be in the Bear market forever. Until now we have persisted and still believe that there will always be a big push for Bitcoin to continue to rise for some time to come. Although indeed the current increase did not last long and began to be attacked by Chinese news.

[Iron Fist]

No, I think it will continue. In fact, I think it will accelerate. What's happening is the recovery from the covid-19 financial crisis was much deeper and longer than was even anticipated at the time. In the next year or so, after the economic situation has stabilized in the United States and elsewhere, I believe this will be a great time to go out and buy. I think we will have another 200 percent return in the next year or so, and we're probably not even at the beginning of this. So I think there's tremendous opportunity here, and I'm looking for opportunities. 

[btc_angela]

I'm also under the impression that the bull run will continue up to 2022.

We still have the 6 digits as our target and we haven't seen or touch it, so for me, we will have a roller coaster ride up to December and this bull run will be super fast. Historically, September is not  a good month. Nevertheless, the next 3 months will be the bounce back.

So let's see how it will pan out, this bull run ain't over, the market will still recover and hit another all time high this year.

[sunsilk]

The market won't be always at a bull run and the same goes for the bears. As anticipated, you have to take your profits if there's an opportunity and don't waste that because you can always buy whatever you've sold earlier at a discount.

But if the cycle is no longer the same as before then we'll likely to see that there will be a longer bull run than what we've expected. In that manner, it's more favorable to us to see how the market keeps on growing and growing and despite the corrections which are totally fine, it's never cease to increase not only in terms of price but also in adoption rate.

[AmoreJaz]

I'm also under the impression that the bull run will continue up to 2022.

We still have the 6 digits as our target and we haven't seen or touch it, so for me, we will have a roller coaster ride up to December and this bull run will be super fast. Historically, September is not  a good month. Nevertheless, the next 3 months will be the bounce back.

bull run or bear season, we will always have this in the next coming months or years. maybe a lil dip and a lil rise, but for sure, we will always have a lil run of bull and bear from time to time. now, no one can tell when this bull run or bear season will happen. because sometimes, it depends on how the user is looking at this market. he may perceive this market as bull run, whereas, some will look at it as bear season. so yeah, no one can actually give the exact definition of bull/bear season here.

[Jating]

In any case, we should be ready specially in 2022, if we made profits in 2021 we can take it and then re-evaluate our investment strategy come 2022. There's nothing wrong to have a exit strategy as others have been preaching.

You have any idea or prove to say bitcoin will drop at next year? To my reason nothing is certain about that yet. Bitcoin is taking a new turn since covid-19 chased more people out of work and inside the internet  People have started more investment with that opportunity that looks like opening of eyes and traders getting increased daily. I think price dropping won't be as serious like we speculate for it to go way down. This isn't advise but I'm thinking things may come differently next year against the general thought of fall.

I did not specially say it will drop next year, what I'm trying to emphasize is that we should be ready by 2022. There's nothing wrong to be paranoid specially if this market wherein it's very unstable and volatile. It's not that people started to work inside the internet, is that bitcoin narrative has progress.

So why not be ready for any surprises? Nothing is wrong with that attitude, be prepared for the worst and then adjust on your end. Maybe taking some profits here and there is not that bad.

[cabron]

The bull market doesn't look like it's about to end, it's the end of the year too which is expected to go up again.
The hope that investors have is indestructible whether the market goes bear for another 4 years, they will still be here no matter what.  Whether the bull market is over or not, they are here going to keep trading.

[Fundamentals Of]

Any bull market is not lasting. There will always come a time when the bull market is going to be replaced with a bear market. We had a bull market and then the bulls went away to be replaced with the bears. The month of September could be considered a bear month. But just like the bull, the bear is also not permanent. Time will come that the bear will go to sleep and hibernate, allowing the bulls to come out and make the market green. It is always a rise and fall of prices. You don't have to get out of it just because there are bearish seasons.

[wajik-tempe]

The bull market doesn't look like it's about to end, it's the end of the year too which is expected to go up again.
The hope that investors have is indestructible whether the market goes bear for another 4 years, they will still be here no matter what.  Whether the bull market is over or not, they are here going to keep trading.

The price is ups and down lately looks like it's tyring hard to break the upper resistance. This year 50%+ drops already make investors who are not cutlossing hopeless because their investment value reduced by half. We need more new investors to make the bull run keep going till the end of the year and for make it happen, we need a crypto big news or something similiar like "elon musk" hype before.
And also it will not create new all time high because from the price history it's never make new all time high in a year after a big drop.

[Wexnident]

Well it doesn't look like it's either tbh, it just looks like the market is doing a sideways movement, for now, waiting for something to push it up or down, and I'm more inclined for it to go up since as you can see, it hasn't exactly brought changes that would push it down, it just looks like it has a hard time in trying to break through to the higher levels. There's also the fact that the market often moves positively during the end of the year, and we're closely approaching that time.

[adaseb]

I am thinking we might see a repeat of 2013. Where we peaked in April and had a low in July and peaked again in November. However unlike 2013 where we broke the 2013 ATH of $250 and went to like $1000, it won't be that magnitude. We might break $64K however we won't quadruple in value to something like $250K. I think we might go somewhere between $74-99K or so. I think $100K, as much as I would want it to break, I don't think it will happen this cycle.

Right now its bearish beause of the Evergrande news last week and the recent China news on Friday. However its also correlated with stocks which usually have a bad month in September. So I can see September being a neutral month. If you look at the charts you can see that September usually was pretty flat for the most part. I think what will really spark a rally will be some Fortune500 company which says they put bitcoin on their balance sheet during their earnings call.

[michellee]

The bull market will come again after what we have in these few weeks. We see that the market will have a chance to get that bull run from the next month until the next year. But that is only a prediction that we do not know if that will happen or will still be like this.

If you can be patient, you do not have to worry about the market because the market will start to increase at the right time. Now the best part is we have a chance to accumulate many coins at a low price. Although some coins already hit the highest price, they could hit the next highest price if the bull run comes. Just be patient and wait for some time while you can watch the market move.

[the ghabbar]

Yes it will likely be over soon.

We probably have until January 2022, but everything afterwards is no man’s land, where only the desperate degenerates are.

It’s ok to be a degenerate right now and chasing 10,000% gains and memecoin pumps. It’s actually important to be a degenerate in a bull run, otherwise you miss the crazy 10,000% opportunities every bull run brings.

However, many crypto investors have become addicted to crypto and it has become most their main identity.

Then, once the bull run is nearing its end, they don’t want to lose this identity and their current lifestyle.

They want to keep sitting at home looking at charts, hanging out in telegram groups and disrupting the financial system and not work in a cubicle 9–5 with a boomer boss who has no clue about what’s going on in the world right now.

They don’t realize that they can go to a nice island and sip margaritas and don’t have to go back to that 9–5 cubicle, because they are too deep in the trenches.

Chilling on an island and sipping margeritas is part of the crypto life cycle as well.

Crypto conditions are currently being discussed, one of which is with a statement from the Chinese government that is speculating about the crypto market, they even prohibit their citizens from adding, and this will affect existing coins, altcoins are currently doing well, but we must be able to making a pattern for investing, altcoin decline is inseparable from a market correction, resulting in a bull run, but this will return to normal at some point, let's see what will happen at the end of the year, and make sure we are in a position to profit.