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

[Kelvinid]

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.

It was not difficult to hold if you are truly trusting Bitcoin but for those who remain doubtful, I could guarantee their early leaving.
Market crashes, bull seasons, and vice versa, all come in different setups and for a lot of reasons Economic crisis, market influence, manipulations, etc. Those who could afford to lose their money can also afford to take risks despite the situation of the market and likely, they can also wait for the right time to sell their coins.

[jostorres]

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.

People's opinions are half right now. Some think like @tony116 but for me, I am still confuse right now if what to believe because there are economic problems that the world is facing and maybe this was also the reason on why the bears had an extension but if let say there are no economic problems and then the bear situation is still like this then maybe I can believe on what @tony116 is saying and the rest that the 4 year cycle is on repeat.

It seems long but it gives us time to relax outside. We are confident that once the time is ready we will come back again only to harvest our gains. For those who can't wait then it's already their problem.

[STT]

Wait and wait some more and when you give up thats your capitulation bottom and its possible for a recovery to set like concrete it can take some time and its best not to presume before the fact.  Best thing you can do during this time is just split up your buy so that it takes place over time, 12 months at least and possibly as long as 24 to 36 months though arguably this entire year is part of that timeframe where expectations are readjusted most impolitely.

[darkangel11]

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's not how a 4 year cycle works. How can you be an advocate of a 4 year cycle and not understand what it is?
A 4 year cycle does not mean 4 years before a bull market. It's 4 years between halvings, but not between all time highs. In 2013 bitcoin reached a new ATH just 4 months after the 2012 halving and later again another new high 8 months later. The first all time high was less than a year after the 2011 ATH.

The next halving is going to be around April 2024 and historically there were bullish moves months before the halvings like in May-July 2019 so in worst case we have one and a half year of bear market ahead of us, not 3 years.

[Sanitough]

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.

It all ends in individual’s choices in the market. Some can’t hardly wait for the bullish season, then there’s no wrong in selling for profits. As long as you are profiting, no matter how small it is, that’s way better than selling at a loss. And for those who always hopes for a bullish season, then buy as much as you can while there is opportunity to buy. In the end, once the final bull market is here, everyone will reap the fruits of their hardwork and gain huge amount of profits.

[Finestream]

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.

Patience is the best virtue in crypto. And we will all witness another bull market just like what history tells us all. But the problem is considering that the market stays bearish the whole year, then maybe it’s hard to predict when this bear season ends and bullish season starts. But one thing is certain, once the market sees positive trends and events that will happen consistently in the crypto market, then it’s a clear manifestation that the bull market is next to it.

[tabas]

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

After the halving, what I think is that it will be higher. Yes, higher than the ATH that we've got last year and that's likely because of how the cycle goes and pattern if you look back at the charts.

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

Many of them really are bound to its death because more investors are going to realize the importance of investing in bitcoin. And they'll see if they can ever invest to bitcoin, why they would go into those shitcoins. Although there have been many traders picking that because they're likely looking for a way to earn that much there like the lottery.

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

Always apply the law of supply and demand.

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

I guess so, and with high inflation, it should make bitcoin's price higher. That's my logic there but I may also be wrong.

[Vinaa77]

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

Of course there is a relationship between global inflation and the stock market. These two things are inseparable. The global crisis is caused by the high cost of raw materials that can be supplied to a country, thus making company owners need more capital. So this makes them delay investing in the stock market, including Bitcoin.

[adaseb]

A lot of uncertainty happening. We got QE almost in Britain and Japan. So this means the fed hikes are starting to crack. No idea what will happen after this rate hike. Look what is happening already in most bond markets.

Fed will need to change course if things are going to start to crack to the point of where we end up in a deep recession. Which obviously they don’t want but can’t avoid.

[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

I believe that the price will not go much below 20,000 USD, which has shown quite strong support, and that from this level we will go up gradually, with ups and downs, but that we will not enter a proper bull maket or break the high until the next cycle.

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

Yes, some will survive, but many of those that seem strong now will die. They are shit compared to bitcoin.

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

Hypothetically yes, but it is something that happens little by little and more to invest than to spend, so it is not very noticeable.

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

The curious thing about now is that we are in a time of high inflation and bitcoin is not profiting, on the contrary, it is in bear market unlike what we thought.

[Chato1977]

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.

It was not difficult to hold if you are truly trusting Bitcoin but for those who remain doubtful, I could guarantee their early leaving.
Market crashes, bull seasons, and vice versa, all come in different setups and for a lot of reasons Economic crisis, market influence, manipulations, etc. Those who could afford to lose their money can also afford to take risks despite the situation of the market and likely, they can also wait for the right time to sell their coins.

There is never an argument about those risk taker and bit investors as they can take their funds whenever,whenever they want to, but  the most affected here are those who invested small, meaning those who wanted to roll their funds , they are the one that had been in the struggling in this kind of market.

[LogitechMouse]

Where do you see Bitcoin in coming 2023,

It's either it will remain sideways at the range that where it is right now or worse, it might go even lower. No signs of it going up right now as the whole world is suffering from very high inflation.

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. When Bull run starts, it will always surpass the old ATH so I expect a new ATH when the bull run starts.
2. It wasn't Bitcoin that is the reason why some altcoins are dead right now. It's the community of the coin because some projects lose its community for some reasons, but the most common reasons are either it was hacked, or the trust is gone.
3. It might contribute, but that isn't only the reason. I still believe in cycles and that is also the reason why crypto goes into bull market.
4. Yes, it is. Stocks, Bonds, Crypto, Real Estate. All of the assets are down right now and there is no sign that it will reverse so I expect the same situation until 2023.

[rodskee]

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

If we could only tell, then indeed but the problem is that we cannot mate so lets accept the fact that price will go depend in our investments.

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

BCH may die but not all altcoins , there are so much to expect  in altcoins to support bitcoin in future.

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

not by more countries but just from the whales as they have shown their power last year.

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

chances are there, but since crypto is an independent market , a little effect may be.

[Baofeng]

A lot of uncertainty happening. We got QE almost in Britain and Japan. So this means the fed hikes are starting to crack. No idea what will happen after this rate hike. Look what is happening already in most bond markets.

Fed will need to change course if things are going to start to crack to the point of where we end up in a deep recession. Which obviously they don’t want but can’t avoid.

Yeah, and I think we are already in full blown recession, maybe it was not as felt as 2008, but definitely the feeling is already here as QE is everywhere, prices are going up, value of dollar is going down or weakening.

I don't think that Fed can do anything about it because it's inevitable. And so we may have to wait for a couple of years before we can see a global recovery.

And it makes me think that the recovery could happen right in the heart of bitcoin's bull run, 2024-2025 and so it might be a very good year for us.

[crwth]

In the coming year 2023, it will be an accumulation or probably a downtrend still with all the people still trying to get a hold of more money to serve their immediate problems. With all that has happened, it will be a different thing.

And there is a happening between the stock market in the bond market, where their direction of prices are in the same direction, which is not ideal, and this could be a sign that we need to be more on the asset side instead of having cash.

Everything that involves people affects inflation.

[Fundamentals Of]

Traders earn even in bear markets for as long as the price moves. Those who only earn during bull markets aren't traders; they're pseudo-traders.

The waiting will probably last until 2024 or even 2025. I mean the next bull market that would possibly bring the price of Bitcoin into a new ATH. The best bet we have will be after the next halving. Since the next halving would still be in April of 2024, the next bull run could happen late in 2024 or in 2025. But who knows, there might be good news along the way that could push the price up to near its ATH.

[OgNasty]

The short answer is that you’ll have to wait more. Probably a lot more. As others have stated, Bitcoin is a 4-year cycle beast and we aren’t even halfway to the next peak. So if you’re throwing in some money and hoping to get rich, you’ll probably have to wait 2 or more years before that happens. There’s also no assurance the price won’t keep falling before then, or the next bull run may never even happen. Invest wisely.

[Viscore]

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.

Yes mate, waiting will never be an issue as long as you know that it will eventually happen in the right time, but asking when it’s gonna happen, no one can tell. However, this is not case with those weak hands investors as they easily panic and sell their coins every time bitcoin price drops. The reason why only those strong hands survive in the end and benefit the huge profits they deserved.

[dezoel]

In the coming year 2023, it will be an accumulation or probably a downtrend still with all the people still trying to get a hold of more money to serve their immediate problems. With all that has happened, it will be a different thing.

And there is a happening between the stock market in the bond market, where their direction of prices are in the same direction, which is not ideal, and this could be a sign that we need to be more on the asset side instead of having cash.

Everything that involves people affects inflation.

If this whole year stays like this then I believe btc will do a reversal next year, only for a change but reversal or not, there will be people who continuously accumulate more coins because they are in for longer terms and their strategy is DCA. We are in some economic issues right now but I don't think all people are in need of money because there are people who are rich and there are not so rich but have set aside some money in preparation for events like this therefore not all of them are going to sell their assets.

On what direction, the price of stock and bond heading? Downwards? It can be a bad sign but even before, it's already advice to us to invest and have more asset than cash because cash value depreciates over time while assets can recover and create more value in the long run.

[Coyster]

Well people will have to wait more/longer for a bull market, and definitely they shouldn't get fazed or tired because if they prolly had done their research, they'd know Bitcoin is a long term/sustainable coin/project, thus speculators have no other option but to be patient. Having said that, 2023 is still a couple of months away and we don't know what the condition of the market could be then, whether we'll see a gradual appreciation in price, or if we'll still remain firmly bearish, but one thing is certain, and it is that 2023 draws us ever closer to another bull run period, and the possibility of a new ATH.