Bull Run in Bitcoin

[JohnBitCo]

In 2013 we had a bull run but at that time bitcoin was not known to me. I myself saw the 2017 bitcoin bull run and then we had a massive altcoin bull run. We were expecting the same to happen in 2021 but it did not happen. Some people say that bull run is delayed and some say that next bull run will be after the next halving in 2024.

I sometimes think that bitcoin and crypto market are now matured and we may not see extended bull or bear runs. Bitcoin will reach a hunderd thousand dollars or more but it won't be a parabolic move. What are your thoughts on this ?

[pooya87]

I don't think we have ever had any altcoin bull runs to this day. We only had altcoin pumping seasons which usually happen when bitcoin price is soaring and is attracting a lot of attention by being mentioned in the media every day. Basically the newcomers who enter bitcoin world are suddenly bombarded with a lot of shitcoin advertisement which they usually fall for and end up buying the shitcoins hence causing the altcoin pumps.

As for bitcoin bull run, it has been going on ever since 2019 when price broke out of $3k range and has been rising ever since with short term corrections.

[mk4]

As time goes and as more and more money comes in(slowly but surely), bitcoin and the markets in it's entirety will have reduced volatility over time. But then, I'm definitely not going to call this market "mature"; I mean, we literally still have Cardano and XRP at the top 10.

[Obito]

I think bitcoin is now on the stage of unpredictable mood that you can not be certain when bull or bear will resume. Like you said in 2021 , people expecting the repeat of altcoins bull back in 2017 but it didn't happen. Bitcoin has had a bull in 2020 and 2021 but altcoins not moving like that just very few coins. I agree that the market is getting matured with the time.

I think that being unpredictable is a good thing for this market, look at the possibility when people use that predictability to their advantage, I am sure that bitcoin would become the enemy of the people because the few is going to use any means necessary to manipulate the movement in their favor. i think we will probably see more maturity in the future but I don't think that it's enough right now.

[rodskee]

In 2013 we had a bull run but at that time bitcoin was not known to me. I myself saw the 2017 bitcoin bull run and then we had a massive altcoin bull run. We were expecting the same to happen in 2021 but it did not happen. Some people say that bull run is delayed and some say that next bull run will be after the next halving in 2024.

People says this because no one really knows when this will come and what will happen to the market , this also tells us all that the crypto market is unpredictable and we will only see the product when it happens .

I sometimes think that bitcoin and crypto market are now matured and we may not see extended bull or bear runs. Bitcoin will reach a hunderd thousand dollars or more but it won't be a parabolic move. What are your thoughts on this ?

With big company invested in bitcoin? yes this is mature enough to stay strong but Bull running is different thing to happen.

because this needs a major pump to produce and this happens only few times per long years.

[Charles-Tim]

In 2013 we had a bull run but at that time bitcoin was not known to me. I myself saw the 2017 bitcoin bull run and then we had a massive altcoin bull run. We were expecting the same to happen in 2021 but it did not happen. Some people say that bull run is delayed and some say that next bull run will be after the next halving in 2024.

There was bull run from 2020 to 2021, Bitcoin price at 2019 March was $3800, but increased to $69000 in 2021, is that not bull run enough. It is normal for volatility to be reducing as the market is maturing, but six digit is up next. With the wealth distribution in the world, Bitcoin marketcap will still increase the more.

I sometimes think that bitcoin and crypto market are now matured and we may not see extended bull or bear runs. Bitcoin will reach a hunderd thousand dollars or more but it won't be a parabolic move. What are your thoughts on this ?

Crypto market is not mature enough, it will be full of new projects and volatile coins which can be seen as gambling. About Bitcoin, it is getting matured, but not to the extent it will not bring profit, its maturity will be an hedge against inflation, yet it is still against inflation when it is still a speculative asset but on long term, expect another bull run after next halving again, people are having the mentality that price will increase after halving which may again result to fomo and people investing more some weeks to the next halving.

[Poker Player]

What I think is that the situation we are in is not very clear. The price predictions for the past year, all failed, were based on a repetition of the price pattern of previous cycles. We are now in uncharted territory, and more uncertain about what might happen than last year.

Some people say that bull run is delayed and some say that next bull run will be after the next halving in 2024.

That's the million-dollar question. I'm not sure, I'm just going to wait and see what happens, and in the meantime I'll continue to accumulate.

[Baofeng]

In 2013 we had a bull run but at that time bitcoin was not known to me. I myself saw the 2017 bitcoin bull run and then we had a massive altcoin bull run. We were expecting the same to happen in 2021 but it did not happen. Some people say that bull run is delayed and some say that next bull run will be after the next halving in 2024.

I sometimes think that bitcoin and crypto market are now matured and we may not see extended bull or bear runs. Bitcoin will reach a hunderd thousand dollars or more but it won't be a parabolic move. What are your thoughts on this ?

There was a school of thoughts recently that come out. Bitcoin will have short but massive bull run. Reason being is that the whole narrative has change specially when institutions coming into the picture and we have country like El Salvador hedging their wealth and investing when there is a dip.

But we will have to see if this narrative will come true or not. Or if the 4 year cycle will continue, and this should be the start of a long year bear market.

[Lucius]

In 2013 we had a bull run but at that time bitcoin was not known to me. I myself saw the 2017 bitcoin bull run and then we had a massive altcoin bull run. We were expecting the same to happen in 2021 but it did not happen. Some people say that bull run is delayed and some say that next bull run will be after the next halving in 2024.

Are we talking about the same Bitcoin and living at the same time? At the time of halving 2020, the price of BTC was around $7000, and during 2022 a new ATH was reached which was approximately x10 - close to $70 000. If you think that was not enough, then you, like most, are just greedy - and I ask you where in less than 1 year you could increase your investment by x10 in a completely legal way?

Smart people are always investing at a time when there is panic in the market, and this is more or less happening in the past few weeks. So while it may seem like 2024 is far away, the new halving is actually around the corner - and so far it has been the trigger for big pumps.

[Deborah Christine]

In 2013 we had a bull run but at that time bitcoin was not known to me. I myself saw the 2017 bitcoin bull run and then we had a massive altcoin bull run. We were expecting the same to happen in 2021 but it did not happen. Some people say that bull run is delayed and some say that next bull run will be after the next halving in 2024.

I sometimes think that bitcoin and crypto market are now matured and we may not see extended bull or bear runs. Bitcoin will reach a hunderd thousand dollars or more but it won't be a parabolic move. What are your thoughts on this ?

What is expected in 2021 is only a prediction and prediction is very possible to be wrong, and Bitcoin has reached its latest Ath last year so it can be said to be the same as 2017 just does not reach predicted prices. Maybe the BTC will no longer follow that pattern and BTC will always reach the latest ATH every year.

[Slow death]

In 2013 we had a bull run but at that time bitcoin was not known to me.

I didn't see this bull ride either, it's a shame I arrived late in this market

I myself saw the 2017 bitcoin bull run and then we had a massive altcoin bull run.

I still remember that bull run from 2016 to 2017, something amazing to see the price go from $400 to $19500 in a year

We were expecting the same to happen in 2021 but it did not happen. Some people say that bull run is delayed and some say that next bull run will be after the next halving in 2024.

but the price went up from $30.000 to $69000 how could that not be a bull run? Am I getting confused?

[davis196]

I sometimes think that bitcoin and crypto market are now matured and we may not see extended bull or bear runs. Bitcoin will reach a hundred thousand dollars or more but it won't be a parabolic move. What are your thoughts on this ?

No,the market isn't matured and it will never mature.This has nothing to do with how the crypto traders are behaving.
Bitcoin is a scarce asset and that's why the high price volatility will remain forever and we will be witnessing many more bull runs and big price drops.
Bitcoin needs to be way less scarce,in order to reduce the price volatility and make the price movements more predictable and stable(which will never happen).
The Bitcoin price will hit a 100K ATH only,if a new FOMO phase begins.This means a significant price increase,which will happen pretty fast.We shouldn't expect slow and steady growth towards 100K.

[krishnaverma]

In 2013 we had a bull run but at that time bitcoin was not known to me. I myself saw the 2017 bitcoin bull run and then we had a massive altcoin bull run. We were expecting the same to happen in 2021 but it did not happen. Some people say that bull run is delayed and some say that next bull run will be after the next halving in 2024.

I sometimes think that bitcoin and crypto market are now matured and we may not see extended bull or bear runs. Bitcoin will reach a hunderd thousand dollars or more but it won't be a parabolic move. What are your thoughts on this ?

It is true that investors are mature but there are still lot of investors who have not started investing in crypto. Every year, there will be fresh college pass outs who will joins jobs, make regular monthly income and then decide to invest in options like crypto. Also the new generation is more inclined towards crypto because of the benefits it offers. Like crypto is more secure than conventional deposit options. Also, the rate of returns are insane. For instance, if we see the return on investment on bitcoin in 2021, it was close to 65% . It is in multiple of the returns offered by mutual funds. So this market will grow only in future and there will be many bull runs in future as well.

[Mauser]

I sometimes think that bitcoin and crypto market are now matured and we may not see extended bull or bear runs. Bitcoin will reach a hunderd thousand dollars or more but it won't be a parabolic move. What are your thoughts on this ?

In my opinion a bitcoin price at 100,000 USD is very realistic this year, we don't have to wait until 2024 for the next rally. Halving is still very important for the mining community and will have impacts on the crypto prices, the impacts will be smaller and smaller. The mining rate is much lower now than it was 10 years ago. It has to remain profitable for the miners, but most coins are already in circulation. That's why only buying new coins every 4 years before the halving is not a good idea. In the last 12 months we have seen bitcoins drop twice rapidly, only to bounce back up again. For me buying more BTC below the 40,000 and 35,000 USD barrier is a very good deal. Then just hold and wait for a new ATH. So far HODL is still one of the most profitable strategies.

[tbct_mt2]

Bitcoin has always in its bull run since 2009. To support its bull run, governments release so many QEs, print so much more fiats in circulating supply. They combine together to create a perfect opportunity for Bitcoin to enlighten the crowd about the rotten fiat system globally.

Bitcoin has 21 million Bitcoin in total supply and no entity can change it. If it exist, survives, its price will always be in bull run.

Do you think Bitcoin will survive or will die? If you think it will survive, you should Long it.

The bullish case for Bitcoin

[UmerIdrees]

In 2013 we had a bull run but at that time bitcoin was not known to me. I myself saw the 2017 bitcoin bull run and then we had a massive altcoin bull run. We were expecting the same to happen in 2021 but it did not happen. Some people say that bull run is delayed and some say that next bull run will be after the next halving in 2024.

I sometimes think that bitcoin and crypto market are now matured and we may not see extended bull or bear runs. Bitcoin will reach a hunderd thousand dollars or more but it won't be a parabolic move. What are your thoughts on this ?

Let's suppose what you are saying is true and there is no parabolic run again, then it will be good for the overall bitcoin adaptation. Currently, many people do not want to accept bitcoin because they are afraid of its volatility. With no or less volatility more people will invest in bitcoin and also we will no longer see multiple years of bear market. It's never good to see a parabolic run followed by a prolonged bear trend.

[palle11]

I sometimes think that bitcoin and crypto market are now matured and we may not see extended bull or bear runs. Bitcoin will reach a hunderd thousand dollars or more but it won't be a parabolic move. What are your thoughts on this ?

I will wait to see when bitcoin bull or bear won't be looked in comparison with altcoins to have effect on it. If bitcoin do bull and altcoins is not judged with it and it is a little independent from it at that time we start considering maturity of the market but if everything about cryptocurrency market is judged under bitcoin there is still alot to go. After the bull of bitcoin many still expecting altcoins to repeat 2018 bull, that is not maturity of the market.

[Ararbermas]

Crypto market is very unpredictable mate so don't expect the history of every coin in the market will repeat in any significant year because there's a different season every year.. Perhaps the structure can tell in the graph but remember there's alot of fake outs in this kind of market so don't expect too much sometimes..

[TheNineClub]

In 2013 we had a bull run but at that time bitcoin was not known to me. I myself saw the 2017 bitcoin bull run and then we had a massive altcoin bull run. We were expecting the same to happen in 2021 but it did not happen. Some people say that bull run is delayed and some say that next bull run will be after the next halving in 2024.

I sometimes think that bitcoin and crypto market are now matured and we may not see extended bull or bear runs. Bitcoin will reach a hunderd thousand dollars or more but it won't be a parabolic move. What are your thoughts on this ?

You are right on it maturing, but not to the point where there won't be any ''bull runs'', but those that occur will have far less of an impact on the investors than the ones before. The market is constantly readjusting itself, and even tho there are some arguments to be made for it following the same model as it did in earlier cycles (but a bit less drastic), we can't really be sure, as a constantly changing market is not something you can really predict. Corrections to the market will definitely be present, especially with such huge jumps, like those we saw in the previous year, but as far as predicting anything, I think that's more or less a coin toss. Major societal changes could result in spikes, for instance, a less strict governmental approach to crypto, fewer taxes (less taxation on digital assets) so I'd say, with all of the changes going on, both technological and societal, it's not really certain that we can abide by the cycles of the past.

[michellee]

If the bull run or altcoin season was delayed last year, we would see if that can happen this year or it will happen in 2024 before or after halving. We do not know what will happen but we can wait for that time while we can keep investing more so when that happens, we are ready to make a big profit. The market now moves good than a few weeks ago so we can expect the market can rise more. But as you know, reaching $100k is not easy for bitcoin because at least the price needs to go back to $60k-$70k and that could not rise in shortly.