Are we now on Crypto bull run?

[19Nov16]

The potential for a bull run is of course very large to occur this year, the biggest factor is of course because the trauma from the collapse of exchanges will end soon, investors will of course make FTX a valuable lesson so they will only choose top exchanges that have legality and strong capital, especially now that there are more and more countries that legalize bitcoin so that the potential to skyrocket is even greater.

[maydna]

The potential for a bull run is of course very large to occur this year, the biggest factor is of course because the trauma from the collapse of exchanges will end soon, investors will of course make FTX a valuable lesson so they will only choose top exchanges that have legality and strong capital, especially now that there are more and more countries that legalize bitcoin so that the potential to skyrocket is even greater.

I don't know if a bull run will happen this year, especially since the bitcoin price is still under $ 30k. It will not be easy for bitcoin to increase its price even to above $30k because it requires major support. But I'm still sure that the bull run will happen. Perhaps, next year is close to the halving process. Investors should learn much from the FTX case not to keep their funds on an exchange, even if it is a centralized exchange. It's best if they start moving their funds to a personal wallet that they can always keep an eye on.

[Minecache]

The potential for a bull run is of course very large to occur this year,

Bull run only really happen after the halving and we are still over 400 days away from the halving, so I doubt a bull run will happen this year.

the biggest factor is of course because the trauma from the collapse of exchanges will end soon, investors will of course make FTX a valuable lesson so they will only choose top exchanges that have legality and strong capital,

FTX is also a leading exchange, and the collapse of centralized exchanges or the collapse of projects can happen at any time, even with Binance. Nothing is 100% certain in this market, don't trust anyone too much.

especially now that there are more and more countries that legalize bitcoin so that the potential to skyrocket is even greater.

Did I miss it? Since the beginning of the year, I have not heard any news about many countries legalizing or accepting bitcoin.

[Questat]

Now, I think the market is starting a new cycle. I mean the market is in a recovery state - staying motivated and creating great potential for a bull run. The timing and process is very similar to 2019, the more optimistic signals have returned to bitcoin itself - the only strong driver for the market to break out of the bear phase.

The market has started a momentum, how long this momentum will last remains to be seen. As the market has suddenly pumped up, there could be a major correction here. The market may decide within a few days whether Bitcoin is completely out of the bear phase.

Bitcoin is still at strong resistance and there is a possibility of a bear trap. But for long term investors like me in Bitcoin, this short term change doesn't matter.

We believe that Bitcoin will recover from the dip. Might it not will happen this year but it never gives us a reason to lose hope as well. Yes, we can't sure about the current situation and how long it will stay like this. We're never sure as well if it is a trap or not but whatever it is, I can still see that investors are excited about what will happen in the future after seeing the current market condition. Perhaps, it gives some courage and optimism to the holders that what they did couldn't be in vain.

[Wong Gendheng]

Of course we agree that earlier this year is a good thing because it has risen more than 25%, prices skyrocketed from $ 17k to $ 22k in a short time, this proves that Bitcoin always has power for rising, I'm sure in 2023 prices can touch at least $ 45k or up more than 100% compared to the current price.

[AbuBhakar]

I don't know if a bull run will happen this year, especially since the bitcoin price is still under $ 30k. It will not be easy for bitcoin to increase its price even to above $30k because it requires major support. But I'm still sure that the bull run will happen. Perhaps, next year is close to the halving process. Investors should learn much from the FTX case not to keep their funds on an exchange, even if it is a centralized exchange. It's best if they start moving their funds to a personal wallet that they can always keep an eye on.

As we wait for the price to increase we must take necessary precautions now to keep our investment safe, if we need to invest in having ledger or any hardware wallet then better buy one and store in it than regret losing it in any exchanges. If we believe prices will soon go up and intended to buy more at times like this or at dip we must secured first where we place our investment since we need to wait before we can be able to gain from it.

[dark1234]

Of course we agree that earlier this year is a good thing because it has risen more than 25%, prices skyrocketed from $ 17k to $ 22k in a short time, this proves that Bitcoin always has power for rising, I'm sure in 2023 prices can touch at least $ 45k or up more than 100% compared to the current price.

positive thing...
but the beginning of this year is a good start but is this a sign that the bullrun market is starting I don't think it's still not because the market is now in winter where there is a possibility that it will return to 17K $ or below
and the present is the thing that provides the most high profit opportunities by taking the opportunity to make short-term trades

[Kelvinid]

Of course we agree that earlier this year is a good thing because it has risen more than 25%, prices skyrocketed from $ 17k to $ 22k in a short time, this proves that Bitcoin always has power for rising, I'm sure in 2023 prices can touch at least $ 45k or up more than 100% compared to the current price.

positive thing...
but the beginning of this year is a good start but is this a sign that the bullrun market is starting I don't think it's still not because the market is now in winter where there is a possibility that it will return to 17K $ or below
and the present is the thing that provides the most high profit opportunities by taking the opportunity to make short-term trades

Not actually a sign for Bullrun but I consider this as a chance of earning some profit. I couldn't be denied that many investors/holders have sold their Bitcoin this time making it drops a little bit before it rises to back to $22k. The price of Bitcoin is keeping its momentum upward, it is good to see but yes, it was not yet considered a bullish market, not yet. Maybe if it will reach back to $30k, I may change my view about the current status of the market. I was not hoping that I'll be right but I don't want also for the people to expect Bullrun in just having these small price increase.

[crzy]

Are we now on crypto bull run or this yet to be go down futher more down than 15500?

This is not a bull run, but a good pump.
Bull run is about a strong buyers coming into this market and make a lot of green candles. We are recovering, and the price can be more stable in the coming months. If Bitcoin hold the price of $23k, eventually it will create a bull trend and it might happen this year because many are anticipating the hype of the halving.

[o48o]

This is not a bull run, but a good pump.
Bull run is about a strong buyers coming into this market and make a lot of green candles.

But that's what's happening now. Maybe you want to be more specific.

We are recovering, and the price can be more stable in the coming months. If Bitcoin hold the price of $23k, eventually it will create a bull trend and it might happen this year because many are anticipating the hype of the halving.

Maybe people aren't using same definitions

Investopedia defines bullmarket as:

A bull market is the condition of a financial market in which prices are rising or are expected to rise.

Not i don't know what kind of confirmations people are waiting for but from my understanding they are often very late to agree we are in the bull market. Just accepting we are in the bottom is enough for me. And even after ath some people are waiting for confirmations. That it's a manipulated trap and should be a double top or somehing. Every indicator i have used for bull market has given me green light so i am not sure why people are looking for som magical confirmation. We are the confirmation.

[CoinEraser]

Bull run only really happen after the halving and we are still over 400 days away from the halving, so I doubt a bull run will happen this year. -snip-

I think the same too. So far it doesn't look like a bull run to me but rather that after all the bad events like the FTX collapse the price just bounced back from it. Since the next halving is still a long way off, I don't expect a bull run. Can't remember there being a bull run before a halving. Rather, I assume that this will only come after the halving. 

[noormcs5]

The potential for a bull run is of course very large to occur this year, the biggest factor is of course because the trauma from the collapse of exchanges will end soon, investors will of course make FTX a valuable lesson so they will only choose top exchanges that have legality and strong capital, especially now that there are more and more countries that legalize bitcoin so that the potential to skyrocket is even greater.

I don't know if a bull run will happen this year, especially since the bitcoin price is still under $ 30k. It will not be easy for bitcoin to increase its price even to above $30k because it requires major support. But I'm still sure that the bull run will happen. Perhaps, next year is close to the halving process. Investors should learn much from the FTX case not to keep their funds on an exchange, even if it is a centralized exchange. It's best if they start moving their funds to a personal wallet that they can always keep an eye on.

For sure, the real bull run will not happen in this year but what i expect is that bitcoin enter in small mini bull run rally followed by correction. This may go on for next few month or maybe till the halving. After halving we may see real price movements and this year bull market may be the best one and bitcoin price may reach beyond 250,000$.
In the last bull market we were expecting price 100,000$ but it did not happen because we did not find any blow off top.

[MoonOfLife]

Of course we agree that earlier this year is a good thing because it has risen more than 25%, prices skyrocketed from $ 17k to $ 22k in a short time, this proves that Bitcoin always has power for rising, I'm sure in 2023 prices can touch at least $ 45k or up more than 100% compared to the current price.

In the long run, bitcoin will always have the strength to go up, I never doubted it, but in the short term, it is very difficult for us to say what is happening is a bull run or a bull trap. I think the expectation of $45k this year is very high, I don't think bitcoin will be able to reach that level. I hope by the end of the year, bitcoin can reach 30k dollars.

[laurenB7742]

Bull run only really happen after the halving and we are still over 400 days away from the halving, so I doubt a bull run will happen this year. -snip-

I think the same too. So far it doesn't look like a bull run to me but rather that after all the bad events like the FTX collapse the price just bounced back from it. Since the next halving is still a long way off, I don't expect a bull run. Can't remember there being a bull run before a halving. Rather, I assume that this will only come after the halving. 

I also believe that history will repeat itself, bull season comes only when the halving takes place. What is happening in the market is a surprise, and the uptrend shows no signs of stopping, but I think this is just a short term pump during bear season, it's like a small price drop during a bull season. It is difficult to know how long this pump will last, but we shouldn't be too surprised if bitcoin suddenly drops back, as we are still in bear season.

[maydna]

I don't know if a bull run will happen this year, especially since the bitcoin price is still under $ 30k. It will not be easy for bitcoin to increase its price even to above $30k because it requires major support. But I'm still sure that the bull run will happen. Perhaps, next year is close to the halving process. Investors should learn much from the FTX case not to keep their funds on an exchange, even if it is a centralized exchange. It's best if they start moving their funds to a personal wallet that they can always keep an eye on.

As we wait for the price to increase we must take necessary precautions now to keep our investment safe, if we need to invest in having ledger or any hardware wallet then better buy one and store in it than regret losing it in any exchanges. If we believe prices will soon go up and intended to buy more at times like this or at dip we must secured first where we place our investment since we need to wait before we can be able to gain from it.

Most of us highly recommend storing assets in a personal wallet so that nothing bad can happen if we store those assets on the exchange, even though we know the exchange has a good reputation so far. It is better for us to prevent than to regret losing assets that are very valuable later. But we can leave some money on the exchange to trade if we want to try to trade in the current situation and make a profit. For sure, we already know what we have to do to prevent things that we don't want.

The potential for a bull run is of course very large to occur this year, the biggest factor is of course because the trauma from the collapse of exchanges will end soon, investors will of course make FTX a valuable lesson so they will only choose top exchanges that have legality and strong capital, especially now that there are more and more countries that legalize bitcoin so that the potential to skyrocket is even greater.

I don't know if a bull run will happen this year, especially since the bitcoin price is still under $ 30k. It will not be easy for bitcoin to increase its price even to above $30k because it requires major support. But I'm still sure that the bull run will happen. Perhaps, next year is close to the halving process. Investors should learn much from the FTX case not to keep their funds on an exchange, even if it is a centralized exchange. It's best if they start moving their funds to a personal wallet that they can always keep an eye on.

For sure, the real bull run will not happen in this year but what i expect is that bitcoin enter in small mini bull run rally followed by correction. This may go on for next few month or maybe till the halving. After halving we may see real price movements and this year bull market may be the best one and bitcoin price may reach beyond 250,000$.
In the last bull market we were expecting price 100,000$ but it did not happen because we did not find any blow off top.

We don't know whether the bull run will happen this year or next year. What is certain is that we are trying to prepare ourselves to welcome his arrival so we can get that great advantage. I also think the current situation can last for the next few months and it looks like we can still buy at the current price or under $25k in the future. If the price increases after the halving, it means that we will see a very high price of that price increase. I would be very happy if the price could increase to $25k.

[CoinEraser]

-snip-

I also believe that history will repeat itself, bull season comes only when the halving takes place. What is happening in the market is a surprise, and the uptrend shows no signs of stopping, but I think this is just a short term pump during bear season, it's like a small price drop during a bull season. It is difficult to know how long this pump will last, but we shouldn't be too surprised if bitcoin suddenly drops back, as we are still in bear season.

The current development of the price is really surprising. Nevertheless, I also assume that the price will fall again in the course of the year. But that wouldn't come as a surprise to me. Rather, I would be surprised if the price continues to rise and we see a bull run ahead of the halving. That would also be new in any case and would show that bitcoin is really unpredictable. 

[CryptoYar]

Are we now on crypto bull run

Definitely not!
Although there has been a decent recovery in the price of bitcoin, but, FED Rates have not started falling yet, when rate will start falling people will have money and they will start taking risk again.

or this yet to be go down futher more down than 15500?

I don't think so! I personally think the bottom is already in. Yeah there is still the possibility of going below $20k or even $19k but i don't think we will see $15k ever. Those who bought at that price they will tell stories that they lucky catched the bottom. (of course i could be wrong)

[seek3r]

The current development of the price is really surprising. Nevertheless, I also assume that the price will fall again in the course of the year. But that wouldn't come as a surprise to me. Rather, I would be surprised if the price continues to rise and we see a bull run ahead of the halving. That would also be new in any case and would show that bitcoin is really unpredictable.  

I was expecting a bull trap when we went from 17k to 22k in just 2-3 days. Currently, however, it looks very stable and I don't see why we will fall below 20-21k yet.
According to a Reuters report, the Fed sees an end to constant rate hikes because inflation has slowed sharply. An end, if one can speak of it, is expected in March.
If that really is the case, a lot of capital will flow back into other areas - including cryptos.

Therefore, I do not see a price drop for the time being.

[Mr.right85]

The current development of the price is really surprising. Nevertheless, I also assume that the price will fall again in the course of the year. But that wouldn't come as a surprise to me. Rather, I would be surprised if the price continues to rise and we see a bull run ahead of the halving. That would also be new in any case and would show that bitcoin is really unpredictable.  

I was expecting a bull trap when we went from 17k to 22k in just 2-3 days. Aktuell sieht es aber sehr stabil aus und ich sehe nicht, warum wir noch unter 20-21k fallen werden.

Therefore, I do not see a price drop for the time being.

Could that be some typo error or perhaps its a take from your local board. Of which, am believing you know using your local board language elsewhere other than in the local board isn't allowed and given the fact that, you've got it mixed up with good English too have got me wondering what's there.
Am really thrown of balance here on what is going g on there and out of curiosity would have liked to know what does it say.

Speaking of which, this doesn't seem like some  bullrun to me. At least, I was already familiar with bitcoin in the last bullrun just as I have now my first bear market experience and I must say, in a bullrun, the moves we see now is rather slow paced. I think this is just some price correction as we can't afford to keep falling but, we are very much in the bears still.

[seek3r]

Could that be some typo error or perhaps its a take from your local board. Of which, am believing you know using your local board language elsewhere other than in the local board isn't allowed and given the fact that, you've got it mixed up with good English too have got me wondering what's there.
Am really thrown of balance here on what is going g on there and out of curiosity would have liked to know what does it say.

Lol, sorry for that. Looks like I mixed up some things since I was trying to post something in a local board about that same topic aswell. This happens when you have multiple tabs open with post replies.  
Thanks for bringing it to my attention, I've edited it and put it in proper language.

Speaking of which, this doesn't seem like some  bullrun to me. At least, I was already familiar with bitcoin in the last bullrun just as I have now my first bear market experience and I must say, in a bullrun, the moves we see now is rather slow paced. I think this is just some price correction as we can't afford to keep falling but, we are very much in the bears still.

Yeah, its to early to call it a bullmarket.
Everything is slower right now because the fear is too big for now. Not everyone believes in it again and therefore moves rather more cautiously or not as euphorically as in a bull market.