Bitcoin Bull Market, Is it going to come soon or Will People have to Wait More..

[talkoncrypto Official]

Its been nearly an year when bitcoin stopped dropping and reached to 20,000 , where it is now.. Though it sustained strongly at the time of Pandemic , where nearly half of the world crippled, economically and mentally, but looking at the current situation according to Crypto Pundits , we may not see a bull run in coming months, Where do you see Bitcoin in coming 2023,

1) Do you believe it will be at approx. same price or will it go up or down, its better if u share some insights in support of your opinion

2) Do you think due to Bitcoin , the other altcoins may lose its charm , and go nearly dead, such as BCH ..

3) Do you believe only the mass Bitcoin Adoption by more countries can bring a bull market..

4) Do u Think it has something to do with global Inflation, where even stock market is on ventilators..


Suggest your opinion , may be find some good and positive answers about Bitcoin Bull Market, which probably every trader is waiting for ,

[mk4]

1. No one knows. But if I were to guess, a bit more likely to be lower.

2. Nope. Gambling will always be attractive to a lot of people.

3. Nope. A better economic state can also cause a bull market.

4. It's also partly because of that, and the current state of the economy in particular.

[Tony116]

I believe bitcoin's 4 year cycle is still going and repeat means war or not, inflation or not bitcoin will still drop in price this year after we hit ATH in October 2021. As you mentioned, we've only been in bear season for a year, which means that we will have to wait another three years before we see bull season again. So for 2023, I still believe that the market cannot recover regardless of whether the economy in 2023 will get better or continue to deteriorate.

[Don Pedro Dinero]

1) Do you believe it will be at approx. same price or will it go up or down, its better if u share some insights in support of your opinion

As mk4 says nobody knows, but unlike him I think that next year we will start to be above 20,000 USD. To think that we will be lower is too bearish in my opinion and it would be the worst cycle since the creation of bitcoin, although it is not impossible.

But no one should expect great joy. Maybe we will go up to the 30-40,000 USD area and then back down to 25,000 or so, then back up again and so on. We will not beat the highs of this cycle until the next cycle. In other words, I only expect a bull market as such after the next halving, although I would like to be wrong. Let it start today, as far as I am concerned.

[spectre71]

It pretty much follows the American markets as I believe most of money is US sourced managed. There will be allot of bad news coming such as the housing bubble, bank failures, mass bankruptcy's, auto market crashing on repo inventory. I would expect some exchange problems as well. At best it it will trade sideways me think for 2023. Things will turn around when we run out of bad news.

I'm not compelled to put money in now to have the same amount in 9 months, I''l do other more productive things and buy in then.


 

[AicecreaME]

I bet this is your first time to experience bearish market for asking when will the bull market will come, correct me if I'm wrong though. Like the usual, Bitcoin market (bearish) will be over when the time comes, bull market will make people go crazy again, beating the past All Time High. So yes, bitcoin bull market will be happening again but there's no accurate date or time of it, no one can predict it 100% accurate.

[KennyR]

• The market have been moving in connection to the CPI index. There is not much of downward movement in the CPI index. The inflation is quite high and this causes downturn in the market and now slight sideway movement is happening.
• I don't think the bitcoin market along with the top altcoins go near to death
• Not really, but the adoption as a country will give more realistic usage as we use traditional fiat in daily life, which is a big success and the growth happens following the same.
• I'm not sure of it. I find cryptomarket to be independent in some means.

[KaliLinux]

Its been nearly an year when bitcoin stopped dropping and reached to 20,000 , where it is now.. Though it sustained strongly at the time of Pandemic , where nearly half of the world crippled, economically and mentally, but looking at the current situation according to Crypto Pundits , we may not see a bull run in coming months, Where do you see Bitcoin in coming 2023,

1) Do you believe it will be at approx. same price or will it go up or down, its better if u share some insights in support of your opinion

2) Do you think due to Bitcoin , the other altcoins may lose its charm , and go nearly dead, such as BCH ..

3) Do you believe only the mass Bitcoin Adoption by more countries can bring a bull market..

4) Do u Think it has something to do with global Inflation, where even stock market is on ventilators..


Suggest your opinion , may be find some good and positive answers about Bitcoin Bull Market, which probably every trader is waiting for ,

Actually, $20k wasn't the lowest point for Bitcoin price, it was $17k+ back on 18 June 2022 and has been swinging between that least price and around $25k since. I don't think just because the market pumps a bit which of cause as I mentioned earlier $25k was the highest BTC price has gone since its drop to $17k, thinking a Bull run is eminent in the near weeks or months isn't likely. I think the market will see its share of accumulation before a proper bull market again considering the usual market circle.

[talkoncrypto Official]

It pretty much follows the American markets as I believe most of money is US sourced managed. There will be allot of bad news coming such as the housing bubble, bank failures, mass bankruptcy's, auto market crashing on repo inventory. I would expect some exchange problems as well. At best it it will trade sideways me think for 2023. Things will turn around when we run out of bad news.

I'm not compelled to put money in now to have the same amount in 9 months, I''l do other more productive things and buy in then.


 

Your point is valid , but when we talk of Bitcoin as a currency , do you think USA inflation and high rate of interest which increased recently, could be the only reason for influencing its price , because of its adoption worldwide, how can one country be the reason for its bear or bull market, Secondly when we look at Bitcoin adoption in various nations and using it as a payment method, its growing as a much faster pace than expected, so why we in this situation not so confident and sure about Bitcoin Bull run in recent times..

[Gallar]

in recent years it is unlikely that there will be much significant change in the price of bitcoin,
because these years it's time to invest,
if you look at the 4-year cycle of bitcoin, it is still a long time for a bull market to come,
So now is the right time to invest.

does the world economy have an effect on bitcoin?
I think of course, because of what?
because many people sell their assets for their needs,
especially the current year many price spikes are quite significant.

what is certain is that if it is a matter of economics, trade, and investment must have an attachment to each other.

[Aanuoluwatofunmi]

1) Do you believe it will be at approx. same price or will it go up or down, its better if u share some insights in support of your opinion

It would have been better if it's by prediction bitcoin price is set but unfortunately we can't predict and have it accurately as predicted to reality all we can say is to hodl till you by yourself get convinced that it's right mature time to sell out.

2) Do you think due to Bitcoin , the other altcoins may lose its charm  and go nearly dead, such as BCH ..

Of course any altcoin can unfold a new dimension to cease from existing especially in times like this during dip, bitcoin set the pace for their own price determination.

3) Do you believe only the mass Bitcoin Adoption by more countries can bring a bull market..

Mass adoption will only increase the population and market capitalization with bitcoin what determines the price is the proportions of those buying from those selling bitcoin

4) Do u Think it has something to do with global Inflation, where even stock market is on ventilators..

No, global inflation is with traditional system under the control of the monetary and economy policies, bitcoin is a different entire network.

Suggest your opinion , may be find some good and positive answers about Bitcoin Bull Market, which probably every trader is waiting for

Hodl and be patient, keep buying the dip and after some time, there would be bullrun and a new all time high when we can all smile and sell

[ethereumhunter]

1. I don't know where bitcoin will go yet. It could be that the price will increase or decrease or even go sideways.

2. Other altcoins that do not have strong support will lose their position in the market and investors will leave the altcoin because the altcoin is no longer profitable for investors.

3. I don't think so but a lot of positive news about bitcoin will give bitcoin stronger support in the market and people will certainly want to own bitcoin so which will trigger an upward price movement.

4. Maybe now there is something to do with global inflation, where people today need more fiat to buy their needs and sell their investments.

Don't worry about the bull market because it will come again. You need to prepare yourself by having more bitcoins than now so you can sell them at the highest price.

[Ultegra134]

1) Do you believe it will be at approx. same price or will it go up or down, its better if u share some insights in support of your opinion

2) Do you think due to Bitcoin , the other altcoins may lose its charm , and go nearly dead, such as BCH ..

3) Do you believe only the mass Bitcoin Adoption by more countries can bring a bull market..

4) Do u Think it has something to do with global Inflation, where even stock market is on ventilators..

1)I believe that it's likely to crash as low as $15.000, but it won't be sustainable. Generally, I think that it's going to range between $18.000 and $20.000.

2)Altcoins have existed since the dawn of cryptocurrencies. While some may slowly disappear, see Terra, for instance, they'll always co-exist because they are serving other purposes and are vital for the future of cryptocurrencies.

3)Maybe, but I don't believe in Bitcoin's mass adoption as a currency or legal tender.

4) We're going through a recession and a war. The threat of a nuclear launch is higher than in the Cold War. The current situation is not supportive of much economic growth. The stock market isn't performing well either. Bitcoin is more of an asset than a currency; thus, it's also massively affected.

[Yaunfitda]

1) Do you believe it will be at approx. same price or will it go up or down, its better if u share some insights in support of your opinion

No one knows.

2) Do you think due to Bitcoin , the other altcoins may lose its charm , and go nearly dead, such as BCH ..

Again, although there could be some correlation between the two markets, we don't know what will happen to altcoin because there are tons of them. And also a handful can be could solid.

3) Do you believe only the mass Bitcoin Adoption by more countries can bring a bull market..

Bitcoin will have it's bull run regardless of there are countries that are going to adopt it or make it legal tender. Bull run happens every 4 years.

4) Do u Think it has something to do with global Inflation, where even stock market is on ventilators..

Obviously, global market are tied to each other, so it has something to do with it, however, just for short term effects only.

[Baofeng]

I'd say with for the bitcoin halving first. And regardless if there is still the war in the background or we are in the recession, the halving will be the catalyst for the next bull run and then the eventual all time high.

So patience will be the key here, because as we all know, halving is still very far - 2024.

The market next year might be as worst as this year, and chances are we might see another lows that will really send panic and maybe see a lower low for this bear market. But rest assured that we can get over with that the following 2024.

[Scripture]

1) Do you believe it will be at approx. same price or will it go up or down, its better if u share some insights in support of your opinion

2) Do you think due to Bitcoin , the other altcoins may lose its charm , and go nearly dead, such as BCH ..

3) Do you believe only the mass Bitcoin Adoption by more countries can bring a bull market..

4) Do u Think it has something to do with global Inflation, where even stock market is on ventilators..

1. Once the bull market begin, we should aim for the new ATH so technically the price will not be on the same level.

2. BCH will stay, but other altcoins will surely be affected by the dominance of Bitcoin and other top altcoins.

3. NO. Bull market already happened before even if there’s no mass adoption. What we need right now is good news and good development with the coins and the market.

4. Global crisis really affects cryptomarket, there’s a lot of crisis we are experiencing right now and I think cryptomarket will stay on this level until we see good recovery of most of the countries.

[Russlenat]

I believe bitcoin's 4 year cycle is still going and repeat means war or not, inflation or not bitcoin will still drop in price this year after we hit ATH in October 2021. As you mentioned, we've only been in bear season for a year, which means that we will have to wait another three years before we see bull season again. So for 2023, I still believe that the market cannot recover regardless of whether the economy in 2023 will get better or continue to deteriorate.

It all depends on the present economic state that time as positive economic state will also make a positive and bullish market. But whatever it is, it’s better not to expect much so you won’t get frustrated later on. Just stay being positive and always take advantage on the opportunities the market gives. That way, you will never  have to complicate things and you won’t have to risk things at a loss. Just trust the process and I know the market  will be bullish again in time, the problem is we don’t know its certain time so patience is the best virtue here.

[adaseb]

I will pretty much say what I said in a similar thread such as this.

Bitcoin will bottom when there is clear evidence that inflation is under control and we won’t get any more rate hikes. Currently inflation is still increasing MoM and the yields are rising as a result. This is not bullish.

We need some major indicator such as loss of jobs which means that inflation is definitely topped and means fed will make rate cuts in the near future. No idea how far away that is however.

[dezoel]

I believe that waiting is not the problem, people could wait, there are a lot of people who cannot and they sell, but there are also a lot of people with money who buy right at this moment when it's low, and it’s not crashing down neither, it's staying around 20k for the past many months, so it’s doing fine for buyers as well, they are not losing money.

You could have bought bitcoin nearly 5 months ago and you would be not in much loss right now, maybe even in profit if you are lucky. So, waiting is not the problem, it’s not knowing what would cause it to go up again, after so long and not going up, there needs to be something that will take it higher, but what that will be is unknown.

[freedomgo]

I bet this is your first time to experience bearish market for asking when will the bull market will come, correct me if I'm wrong though. Like the usual, Bitcoin market (bearish) will be over when the time comes, bull market will make people go crazy again, beating the past All Time High. So yes, bitcoin bull market will be happening again but there's no accurate date or time of it, no one can predict it 100% accurate.

The market won’t stay bearish all the time, bullish market will definitely come in its right timing. But we can’t really tell when it’s gonna happen since the crypto market is always unpredictable and uncertain. However, with positive events and trends that will certainly hit the market in the future, then there’s no reason not to see bullish season, the market will always be bearish and end up bullish every single year, and that history proves it.