BTC bulls back?

[Bitcoin2009]

Btc bull backs in 2023, of course, many have predicted, especially the trend that has occurred, namely when the price is on the floor, the next year will go to recovery then the following year will skyrocket, and what happened yesterday when the price rose almost 20% in 24 hours, of course is the thing that makes us more optimistic to buy and hold bitcoin in the long term.

[Davian144]

Btc bull backs in 2023, of course, many have predicted, especially the trend that has occurred, namely when the price is on the floor, the next year will go to recovery then the following year will skyrocket, and what happened yesterday when the price rose almost 20% in 24 hours, of course is the thing that makes us more optimistic to buy and hold bitcoin in the long term.

Bullbacks on Bitcoin are of course still there and have not disappeared because as long as there are still many fans and enthusiasts of Bitcoin and it continues to grow every year, of course bullbacks will come again on Bitcoin so there are many people who are still very optimistic about this. I only hope for a price recovery within this year, so even if Bitcoin doesn't immediately bull back this year, I will also be happy with the gradual improvement in prices.

[BrewMaster]

bulls never went anywhere, they were only waiting for the downtrend to finish to start pumping their money into the market. in addition to that there are always true bulls who are silently buying bitcoin in the downtrends when there is "blood on the streets" to make the most amount of profit.
in simple words if you buy bitcoin at $20k you win not when you start buying bitcoin after it went over $100k.

[OgNasty]

It is starting to feel like the market is getting a little ahead of itself in the short term. Bulls seem to be back in a major way and there’s growing excitement amongst those that I know who are into crypto. It just feels like we might be witnessing some profit taking as the price has bounced from 20K to 26K in such a short period.

[Furious 7]

It is starting to feel like the market is getting a little ahead of itself in the short term. Bulls seem to be back in a major way and there’s growing excitement amongst those that I know who are into crypto. It just feels like we might be witnessing some profit taking as the price has bounced from 20K to 26K in such a short period.

The hope is growing now but indeed the hope is clear to continue to improve in the long term as this is still a fraction of a percent of the previous massive downturn.
Holding on and being patient so you don't panic too much is still a good enough key to continue to make this feel more pronounced in the future. Now the $30k hope is still possible in 2023 at this time with their condition that they are still moving.

[Quidat]

It is starting to feel like the market is getting a little ahead of itself in the short term. Bulls seem to be back in a major way and there’s growing excitement amongst those that I know who are into crypto. It just feels like we might be witnessing some profit taking as the price has bounced from 20K to 26K in such a short period.

The hope is growing now but indeed the hope is clear to continue to improve in the long term as this is still a fraction of a percent of the previous massive downturn.
Holding on and being patient so you don't panic too much is still a good enough key to continue to make this feel more pronounced in the future. Now the $30k hope is still possible in 2023 at this time with their condition that they are still moving.

This bear market is really a test of patience and faith towards Bitcoins potential if you are really that a true holder of it on which there's no assurance on where the market would be heading.
Therefore, for those who do get involvement or do able to step their foot on this market then you would really be needing to sustain or survive no matter what.On the current market condition,
and on the recent price pump of btc reaching out 26k then it wont really be that something that you could really be able to avoid to think that the bulls is back,
but eventually the price had bumped once again and goes back on where it was.

[Joshapat]

I'm sure many people didn't expect that in less than a week the price could go up more than 35%, in general this week it has gone up more than 31%, this is strong evidence that bulls are back, don't panic to sell because most will panic sell when you see a rising price and panic sell when you see a drop in price.

[Furious 7]

The hope is growing now but indeed the hope is clear to continue to improve in the long term as this is still a fraction of a percent of the previous massive downturn.
Holding on and being patient so you don't panic too much is still a good enough key to continue to make this feel more pronounced in the future. Now the $30k hope is still possible in 2023 at this time with their condition that they are still moving.

This bear market is really a test of patience and faith towards Bitcoins potential if you are really that a true holder of it on which there's no assurance on where the market would be heading.
Therefore, for those who do get involvement or do able to step their foot on this market then you would really be needing to sustain or survive no matter what.On the current market condition,
and on the recent price pump of btc reaching out 26k then it wont really be that something that you could really be able to avoid to think that the bulls is back,
but eventually the price had bumped once again and goes back on where it was.

Basically something like this if we have ever been through it is actually not too much of a problem. But many new people make it seem like this is the end which actually makes me feel a little empathetic with that. The advice remains the same because of course holding back will be very good regardless of how the market conditions are what we have to care about is definitely the long term and right now that's the most important thing. It's just that there are still many people who really don't know what to expect at this time and continue to panic again and again in uncertain conditions.

[Pujangga]

Since January when the price increased more than 40% then i believe that in 2023 the price will be close to ATH or even make a new ATH, this week the price has increased more than 35% and today the price is around $27300, i believe next week or this month the price will at $30k so that makes me even more excited to keep buying.

[Semar Mesem]

The thing that makes users more loyal and stays in bitcoin is because of the potential for prices to go up at any time, sometimes prices drop significantly in a short time, or conversely sometimes prices quickly show signs of recovery, and what happened in january and march makes us sure that the bulls season has come, of course the price has skyrocketed not thousands of percent like altcoins because the bitcoin marketcap is very large.

[fzkto]

Since January when the price increased more than 40% then i believe that in 2023 the price will be close to ATH or even make a new ATH, this week the price has increased more than 35% and today the price is around $27300, i believe next week or this month the price will at $30k so that makes me even more excited to keep buying.

I also think that since January the bears have gone and the bull market has started, but I am not sure that we will see the old high this year. Usually a new ATH happens after the halving, and that won't be until a year from now. So a new ATH could be in two years if the four year cycles are to be believed. This year is more likely to be a recovery.

[Sorryfor]

Bitcoin is expected to cross $50,000 this year as the market is moving. Currently the market is in a bit of a balance and this is a good time to invest. This period is moving from a bear market to a bull market. The value of Bitcoin is expected to increase exponentially in the past year. The price of Bitcoin has changed a lot this week so the Bitcoin market is likely to change more in the past few days.

[TravelMug]

Bitcoin is expected to cross $50,000 this year as the market is moving. Currently the market is in a bit of a balance and this is a good time to invest. This period is moving from a bear market to a bull market. The value of Bitcoin is expected to increase exponentially in the past year. The price of Bitcoin has changed a lot this week so the Bitcoin market is likely to change more in the past few days.

Don't get excited though with this kind of predictions, if it could hit that price then good, if not then what we are going to do?

Yeah, most likely the bulls is back, but it was out of necessity, the US banking crisis brings more money right now or at least for this year. And technically we aren't in the bull market yet, so if there is a lessons from the past, then we should be very careful on what is happening in the market right now. On the other hand, instead of waiting like for the price to hit $50k, why not DCA and just continue to buy?

[Franctoshi]

Bitcoin is expected to cross $50,000 this year as the market is moving. Currently the market is in a bit of a balance and this is a good time to invest. This period is moving from a bear market to a bull market. The value of Bitcoin is expected to increase exponentially in the past year. The price of Bitcoin has changed a lot this week so the Bitcoin market is likely to change more in the past few days.

Bulls are fully back in the market and they are quite in control of the market right now. If the market continues with this momentum and with the happenings around the traditional fiat banking system, hopefully $50k and is achievable, we will get there even with or without such events, history will repeat as Bitcoin is the only digital asset that the supply is fixed, the price will continue to increase over time as the supply gets reduced.

[CoinEraser]

Since January when the price increased more than 40% then i believe that in 2023 the price will be close to ATH or even make a new ATH, this week the price has increased more than 35% and today the price is around $27300, i believe next week or this month the price will at $30k so that makes me even more excited to keep buying.

That's a really positive take on the price of bitcoin. But we should not rejoice too soon. Actually, the bull runs always come after the halving and that is next year. Because the prices are currently fluctuating so much, I wouldn't call it a bull run at the moment. Of course, I could be wrong, but I'm just not really convinced yet. I am curious whether the current price can be maintained. I think we'll see $30k soon, but after that I can well imagine that the prices will unfortunately go down again. It would be really nice if we could hit $50k this year, but I don't really believe in it. Well, time will tell what happens. 

[OpenCEX]

The recent bull run in the crypto market has brought all eyes to BTC, with its soaring prices generating profits for both long-term and short-term investors.
According to new data by Santiment, holders across all spectrums have become profitable for the first time in 14 months, leading many to believe a bull run for BTC is approaching.
As a result, addresses holding over 10 BTC have started to accumulate large amounts of the coin, and other investors are also showing interest in BTC, causing activity on the network to rise.

[Ngewex Yuk]

The increase that has occurred since January hopefully is the start of an awakening, of course we have long been waiting for something like the beginning of this year to happen again, I'm afraid if the price continues to decline it will take even longer, sometimes the market often confuses us, if we are used to daily trading then you will understand what to do.

[Ayers]

Since January when the price increased more than 40% then i believe that in 2023 the price will be close to ATH or even make a new ATH, this week the price has increased more than 35% and today the price is around $27300, i believe next week or this month the price will at $30k so that makes me even more excited to keep buying.

That's a really positive take on the price of bitcoin. But we should not rejoice too soon. Actually, the bull runs always come after the halving and that is next year. Because the prices are currently fluctuating so much, I wouldn't call it a bull run at the moment. Of course, I could be wrong, but I'm just not really convinced yet. I am curious whether the current price can be maintained. I think we'll see $30k soon, but after that I can well imagine that the prices will unfortunately go down again. It would be really nice if we could hit $50k this year, but I don't really believe in it. Well, time will tell what happens. 

Like you, I still believe that history will repeat itself and bitcoin will only reach new ATH after the halving. What has happened and is happening really surprises us all but it doesn't really prove that bear season is over. I believe bitcoin will hit $30k or more, but I still expect bitcoin to fall again, I prefer this year to still be a bearish year rather than bullish one. The cheaper Bitcoin got, the more excited I got, the skyrocketing price of bitcoin made me change my plans, which is really not fun.

[CageMabok]

The increase that has occurred since January hopefully is the start of an awakening, of course we have long been waiting for something like the beginning of this year to happen again, I'm afraid if the price continues to decline it will take even longer, sometimes the market often confuses us, if we are used to daily trading then you will understand what to do.

What do you think should be done in the current conditions? Because yesterday I saw a decrease in the price of Bitcoin and today the price of Bitcoin immediately rose again without having to wait long even though it was still under $30K. If yesterday I was surprised by the decline, now I am also surprised by the sudden increase in the market for Bitcoin and this is clearly very profitable for traders.

[Rigon]

What do you think should be done in the current conditions? Because yesterday I saw a decrease in the price of Bitcoin and today the price of Bitcoin immediately rose again without having to wait long even though it was still under $30K. If yesterday I was surprised by the decline, now I am also surprised by the sudden increase in the market for Bitcoin and this is clearly very profitable for traders.

On the one hand, when the Bitcoin market increases, it feels very good, on the other hand, when it decreases, the position feels very bad. There is a lot of fear to invest as the market will fall further. Yesterday, when it moved from $28900 to $26600, it looked like the market may come back to $20k. But today I can see that the market is again at $28800. The volatility of the market really scares us a lot in investing. But the Bitcoin market is probably going to stay in the $30,000 range very soon.