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Author Topic: Bull Run in Bitcoin  (Read 909 times)
ChiBitCTy
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February 11, 2022, 01:31:37 PM
 #21

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 ?

I would respectfully have to disagree with your assessment here. When it comes to the terms of where we currently sit when it comes to the maturation of bitcoin and the altcoin markets we are just getting started. We’ve got a ton up upside all around and a ton of room to run. We will absolutely see other bulls runs, just like we do with the stock markets.

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February 11, 2022, 02:21:54 PM
 #22

looking in the past for the previous bull runs,i think it is even conservative to say bitcoin will hit 100k this year,i personally aiming for 150k+ ,then again we all know how unpredictable this is.probably the most unpredictable asset in whole financial history.
personally i think bitcoin will "surprise" people again,positively,i mean generally you hear guys expecting 100k,200k this year, i think that very soon we could see a boom like never before.. and one that doesn't make absolutely no sense in the short time,i talking about 1M+ in 1 year period...
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February 11, 2022, 02:27:27 PM
 #23

As long as the manipulation is still happening, I don't think it has already matured.

Please do notice how volatile the market is, it's still highly volatile and for me, it doesn't show some maturity. Bitcoin now is still the same in the past in terms of volatility, the market could dump a significant amount today and will also recover the next day, so it really tells that there's no high demand yet for bitcoin usage for daily transactions but more for trading and investing purposes.

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February 11, 2022, 02:31:54 PM
 #24

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 dont know whether I am not getting the point or what. What you mean that bull run never happened in 2021? So BTC price touched its ATH of 68k$ and altcoins join in and saw there ATHs too. If you have bought BTC at 68k then you are right in saying that bull run never happened in 2021. But for sane investors it was an awesome year that will always be remembered.

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February 11, 2022, 03:15:47 PM
 #25

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.
Yes, there have been a massive bull run on these years however I think this is all related to Bitcoin Halving. I'm exactly sure if it is about that. However most of the bitcoin bull run happens after the halving. Also, there are certain months that this happens which is mostly on December.
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 beg to disagree with this opinion of yours. People has been saying that information that bitcoin or crypto has already reached its matured stage but it's price has been increasing exponentially and haven't been on a steady pace. I guess we will know that it fully matured when almost all of the bitcoin has been mined or before that.


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February 11, 2022, 03:52:56 PM
 #26

For the last 2 years Bitcoin and the crypto market have become a trusted platform with minimal reduction in volatile value, this is what makes the market look stable without compromising its fundamentals. We all know the crypto market continues to grow with new technologies such as NFT, Metaverse, Defi and Blockchain with low gas fees that makes Bitcoin and the crypto market the best investment to get High return

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February 11, 2022, 04:54:48 PM
 #27

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..

Even so, we must agree that there are levels that we do believe that Bitcoins price not to fall back to and I must agree that considering the nature of the market and the level of investment when compared to the years before now, I would say that years of Bear market seems unlikely plus from a broader chat view, Bitcoin has truly been in a Bull run even with all the corrections.
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February 11, 2022, 05:12:53 PM
 #28

We may still be in a bull market. This one is much different than the previous ones because we already had 2 pullbacks within this bull run and the second top is a higher high (64k-> 69k) and the bottom was a higher low (28k ->33k) This still looks like one big bull run.

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

Maybe it was actually for the best. Many people lost money in the Gox bunkruptcy. If you had coins at that time chances are you'd have them on Gox and lose or you'd buy somewhere in the bull run and got caught with your pants down when it went down 50% in a few hours. Many of those who did not get stuck on Gox sold at a loss back then.


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February 11, 2022, 05:23:38 PM
 #29

~
Well we kind of had the similar experience as I personally didn't think about Bitcoin that much in 2013 other than it is a coin in the dark web where the shits stuffs happen, that's why I never bothered buying it and it turned out that I was wrong all along.
In 2017,  I bought my first few Bitcoins. The 2017 bull run was indeed memorable, but hey we managed to get past through on what was eyed on that year.
We're still not sure if Bitcoin would indeed be at 100k, but hey 60k was possible so...
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February 11, 2022, 05:42:26 PM
 #30

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 ?
from what I've noticed some altcoins are still following the bitcoin price changes...

there are thousands of altcoins in circulation and it is unlikely that all of them will be bullish when bitcoin is bullish, altcoins which have a strong community will definitely continue to follow bitcoin price changes, but not so significant.



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February 11, 2022, 06:28:09 PM
 #31

Frankly, I am no longer sure what I think about a possible bullrun. Will it happen at all? Will it resemble the ones in the past? I think we won't know until it happens, if it happens.
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February 11, 2022, 06:51:10 PM
 #32

I get to understand that every year comes with its type of bearish or bull run season in crypto. In previous year's that has passed bitcoin gets to her ATH that got everyone to keep talking about bitcoin. It's fascinating that bitcoin has gone above $60k despite all(countries not accepting it).
Bull run or no bull run, what gives me joy is that bitcoin has come to stay. Not more of a Ponzi scheme as earlier talked about initially

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February 11, 2022, 09:23:52 PM
 #33

I get to understand that every year comes with its type of bearish or bull run season in crypto. In previous year's that has passed bitcoin gets to her ATH that got everyone to keep talking about bitcoin. It's fascinating that bitcoin has gone above $60k despite all(countries not accepting it).
Bull run or no bull run, what gives me joy is that bitcoin has come to stay. Not more of a Ponzi scheme as earlier talked about initially

In the first place, bitcoin has never been a ponzi scheme. But some people were labeling it before because of ignorance of its nature. Now, people are realizing that btc itself is not a ponzi but those scammers who are trying to milk gullible users running a ponzi business are the ones ruining the image of bitcoin. And yet, many people especially newbies are still falling from the trap of these ponzi schemes because of the too-good-to-be-true ROIs.
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February 11, 2022, 09:28:30 PM
 #34

It has grown a lot but it still can go further. We're not going to see how further it will if we'll leave the market too early. Set your expectations high and you'll be disappointed easily. And as for the bull run, who knows if this year is going to be the extension of it. But as we look to the past and its pattern, it's likely that this should be the long bear market. Well, if not proven and has broken that cycle then it's very favorable to all of us seeing that the market has really proving a lot that we've been too far.



 

 

 

 

 

 


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February 11, 2022, 11:25:59 PM
 #35

Bullrun for BItcoin commonly happens in a certain cycle. Yes, as you said, it should be in 2021, but it didn't reach the expectation. Actually, imo, bullrun of BItcoin has been done during 2021, it almost reached $70k (almost). However, because of some FUD and also some unexpected things, the price could drop massively and made the price of Bitcoin down to earth.

And what will happen in 2022?
Some people still believe to wait for the price of BTC to hit $100k, but will it happen exactly?
I ma not sure about this. To reach around $70k is also very hard to do. Let' swait
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February 12, 2022, 03:14:47 AM
 #36

People that say the bull run has been delayed or that the next bull run is after two years, ask them why they think what they are saying is true. Tell them to show meaningful facts. I bet none of them will able to do so. The market cannot be predicted. The bull run can happen today or tomorrow. No one knows.
Anyways, why are you waiting for a bull run? To make some good profit? Then invest as much as you can afford to lose and keep holding. The bull run will eventually happen anytime and you can enjoy your profits. So stop worrying about bull runs and start investing.

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February 12, 2022, 04:00:12 AM
 #37

I get to understand that every year comes with its type of bearish or bull run season in crypto. In previous year's that has passed bitcoin gets to her ATH that got everyone to keep talking about bitcoin. It's fascinating that bitcoin has gone above $60k despite all(countries not accepting it).
Bull run or no bull run, what gives me joy is that bitcoin has come to stay. Not more of a Ponzi scheme as earlier talked about initially

In the first place, bitcoin has never been a ponzi scheme. But some people were labeling it before because of ignorance of its nature. Now, people are realizing that btc itself is not a ponzi but those scammers who are trying to milk gullible users running a ponzi business are the ones ruining the image of bitcoin. And yet, many people especially newbies are still falling from the trap of these ponzi schemes because of the too-good-to-be-true ROIs.
because of these high fluctuations prices can drop drastically. For beginners who don't understand its nature, of course, they will buy when a bullrun occurs, so they will experience mental pressure when prices experience a deep correction, up to 50%. but if we understand it, of course we will remain calm in facing this situation, even we will buy back
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February 12, 2022, 06:32:26 AM
 #38

If you plan to hold for long term then surely it's bull run market but at the moment it's not because little fluctuations in prices didn't determine the bearish or bullish trend which is happening at this time.The price barriers will when cross $50k range then the market will be in favour of it and once bull run hit the market you will automatically comes to know about it.

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February 12, 2022, 06:59:40 AM
 #39

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 ?

We now have institutional money in the market, we shouldn't be expecting much fud to manipulate the market because the institution will be losing more. We're steadily growing, things might not happen as outrageous as it did in the past. The gaisn will come but they mightn't be as big and straight forward as we're expecting. Bitcoin did more that a 10x in the last bull run isn't that enough profits?.

When it comes to altcoins, we saw different of them do 10-100x with that numbers what else are we expecting to happen. The bulls has done their part. They gave us some profit for over two years. The profits didn't come at ones but if you followed the market, you'll realized many altcoins gives profit within the last two years and that's enough, it must not happened as it did last time or the drop will be deadly too.

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February 12, 2022, 02:10:53 PM
 #40

People that say the bull run has been delayed or that the next bull run is after two years, ask them why they think what they are saying is true. Tell them to show meaningful facts. I bet none of them will able to do so. The market cannot be predicted. The bull run can happen today or tomorrow. No one knows.
Anyways, why are you waiting for a bull run? To make some good profit? Then invest as much as you can afford to lose and keep holding. The bull run will eventually happen anytime and you can enjoy your profits. So stop worrying about bull runs and start investing.
That never stops people from worrying if they could still make a profit after investing while seeing the declines. And they keep waiting and asking when it comes which is perhaps nobody knows. But I think, these people are too impatient and likely to have instant recovery, or else, they got tired of waiting.

And you are right, instead of thinking when Bullish, we'd rather enjoy accumulating more coins before that comes for we don't regret missing the chance.

R


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