Are we now on Crypto bull run?

[fzkto]

-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. 

I, also, think the new bull run will start after the halving. But I don't rule out a pre-pump this year. In any case, the market hasn't fallen for more than a year yet, so it should be at least sideways for 2023. But I wouldn't count on some serious decline. Last year was not historically similar, so maybe 2023 will be different.

[CoinEraser]

-snip-

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.

Yes, at first I also expected a bull trap, but luckily this has not happened so far. Your thoughts and information are very good. It would be nice if that were to happen. Either way, I remain suspicious. The year is still long and I don't expect a real bull run before the next halving. But I can also be wrong. The next few months will certainly remain exciting. 

[posi]

-snip-

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.

Yes, at first I also expected a bull trap, but luckily this has not happened so far. Your thoughts and information are very good. It would be nice if that were to happen. Either way, I remain suspicious. The year is still long and I don't expect a real bull run before the next halving. But I can also be wrong. The next few months will certainly remain exciting. 

Most of us would consider it a bull trap, but bitcoin has been up for over 2 weeks, so it can't be called a trap, but we still can't say this is a sign of the bull season as we are more than 380 days away from the halving.

There is no basis for the Fed to stop raising interest rates, although inflation has decreased, it is still very high, and the risk of the economy entering a recession is still lurking for us. It cannot be concluded that the economy is stabilizing again as the war between Russia and Ukraine grows more intense.

[seek3r]

There is no basis for the Fed to stop raising interest rates, although inflation has decreased, it is still very high, and the risk of the economy entering a recession is still lurking for us. It cannot be concluded that the economy is stabilizing again as the war between Russia and Ukraine grows more intense.

What do you think the Fed needs to stop increasing rates? No one said that they will fall instantly. But with the slight decrease in inflation, there is no need to make further increases, because every interest rate increase has pushed the Bitcoin price down.

So the same interest rate could mean that the bitcoin price can slowly but surely stabilize again. But as always... all just speculation

[posi]

There is no basis for the Fed to stop raising interest rates, although inflation has decreased, it is still very high, and the risk of the economy entering a recession is still lurking for us. It cannot be concluded that the economy is stabilizing again as the war between Russia and Ukraine grows more intense.

What do you think the Fed needs to stop increasing rates? No one said that they will fall instantly. But with the slight decrease in inflation, there is no need to make further increases, because every interest rate increase has pushed the Bitcoin price down.

So the same interest rate could mean that the bitcoin price can slowly but surely stabilize again. But as always... all just speculation

I have read several reports, as well as predictions of economists, that the Fed's halt to interest rate hikes will definitely not happen in the first quarter of 2023. There is at least one more interest rate hike for inflation to really drop, then we will think about stopping interest rate increases but keeping interest rates unchanged, not removing interest rates altogether.

But we also don't need to worry too much about the interest rate hike in March because it is likely that they will only increase at 0.25% and will not have a serious impact on financial markets. If there are no surprises from the war between Russia and Ukraine, we can expect an economic recovery this year, but for a boom it will probably take 2024 or 2025, IMO.

[carlfebz2]

-snip-

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.

Yes, at first I also expected a bull trap, but luckily this has not happened so far. Your thoughts and information are very good. It would be nice if that were to happen. Either way, I remain suspicious. The year is still long and I don't expect a real bull run before the next halving. But I can also be wrong. The next few months will certainly remain exciting. 

Most of us would consider it a bull trap, but bitcoin has been up for over 2 weeks, so it can't be called a trap, but we still can't say this is a sign of the bull season as we are more than 380 days away from the halving.

There is no basis for the Fed to stop raising interest rates, although inflation has decreased, it is still very high, and the risk of the economy entering a recession is still lurking for us. It cannot be concluded that the economy is stabilizing again as the war between Russia and Ukraine grows more intense.

Cant be considered as bull trap but rather a typical correction yet the price had able to hit up some several resistances which we do know that it is really normal for a market to have this kind of behavior on which

whether you could say it was a bull trap when you do make out some long positions and a bear trap when you do short position.We do always have something to say which its never been that
surprising considering that this market is always been that unpredictable.

This is why i dont make myself that confident when it comes to this kind of approach where bull run or bear could happen in an instant or without us knowing.

[yohananaomi]

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.

views that indeed can always reveal something different about bitcoin, this is very dynamic will always be the subject of discussion and analysis which is very interesting to put forward.
the increase from the beginning of the year indeed bitcoin has made a surprise and this is a very high increase, but will it continue to improve or is this just a momentary surprise that happened.
seeing the current world phenomenon that is still entering an economic crisis will obviously also have an impact on bitcoin because the ability to shop is reduced. but will this crisis run faster and will bitcoin get better? of course there is always a possibility but due to the May 2024 halving era, I doubt bitcoin will be able to do better than 2022, but let's wait.

[thecodebear]

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

No, at earliest you could say bear market is over when we break out of the bottom range, which is ~$25 and under. So price is still in the bottom range that has held since last July. FTX collapse just caused a short term little bit deeper pit in the bottom range.


Once Bitcoin breaks through $25k it will likely move a good bit higher than that pretty quickly. At that point bear market will be over and I guess technically you could say it is a bull market at that point, but like the main bull run period won't start until around when Bitcoin breaks the ATH of $69k as that is always the start of the main post-halving bull run. So that should happen late 2024 or early 2025.

[EdenHazard]

One thing that you should always hold on to ... in the long run it's always bullish , always a great time to buy . Those who feel it's going down didn't see it coming , if you zoom out the charts .. you'll see the bull run is on , so yeah ... stick to the long term one and you'll see the bull.

Yet you need to stay away from put it on single basket!

[AverageGlabella]

One thing that you should always hold on to ... in the long run it's always bullish , always a great time to buy . Those who feel it's going down didn't see it coming , if you zoom out the charts .. you'll see the bull run is on , so yeah ... stick to the long term one and you'll see the bull.

Yet you need to stay away from put it on single basket!

Long term you might be right but most of our members on this forum are traders and not people who hold for the bullish long term. That is why every time something goes wrong and the price goes down there are people worried about this board. It is easy to say it will go up eventually but these people are losing money every time it goes down.

[Lida93]

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

We can't actually say we're now I'm the bull market as it stands, the bear market is still in course despite the consolidation of gradual rise in the price of BTC at th moment. If you want to buy then it's best you buy with the mindset of holding for a long term and not based on how the price is now with a hope that in the next one to about three months from now that there would be a significant rise. You just might get disappointed.

[GigaBit]

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

Likely $15k and $16k is a bottom range for Bitcoin but you should not be surprised if it has a crash to prices lower than $15k. In March 2020, Bitcoin had a crash when people thought bottom was confirmed already.

Agree, we can never say from a small pump that it is bullish or that we are in a bull run. But when the market finds stability in a place it can definitely be a positive thing. Meanwhile, the market has moved from $24000 to $22000 again, but other altcoins are improving, so we can guess that the market may start a bull run. But to understand better we should observe this month as well. It can also collapse at any time. So investors must invest with as much risk as they are prepared to lose. As the market is bearish for a long period of time ‍that is why we can expect a bull run in this session.

[Pejoh Asu]

The market is unpredictable, january was a big and fantastic increase because the price rose more than 40%, but february the market is stagnant again and makes us worry if bad conditions happen again, the price drops in 3 days and is stuck at the $22700 level, if the price is february could touch $25k then I'm sure that a bigger increase could happen again.

[Hamphser]

The market is unpredictable, january was a big and fantastic increase because the price rose more than 40%, but february the market is stagnant again and makes us worry if bad conditions happen again, the price drops in 3 days and is stuck at the $22700 level, if the price is february could touch $25k then I'm sure that a bigger increase could happen again.

Same on last year on which we did really see some pumps and increase but when mid-year months approaches then prices turns out to be bitter and sour. This is why im not really that making myself that too

confident when it comes to price ranges and point on a particular month or year because anything could really happen along the way and there's no way that we could be able to know on what it would looks like.

Success and failure would really be definitely depending or basing up on the actions that you had made out earlier.There's no way to point out because this market is unpredictable and totally random.
It could move on the way you do least expect and on the way that everyone is anticipating which we do know thats not how this market behaves.

[yohananaomi]

The market is unpredictable, january was a big and fantastic increase because the price rose more than 40%, but february the market is stagnant again and makes us worry if bad conditions happen again, the price drops in 3 days and is stuck at the $22700 level, if the price is february could touch $25k then I'm sure that a bigger increase could happen again.

it's hard to predict even though there was an increase beforehand, because there could be something that might be different happening in the following month. At the beginning of February it was around $23K and a few days later it was up to around $24K, but a few days later it was down to around $22K and finally it was back to where it was at the start of the month.

With this situation, it looks like the price will be in the range of $22K-$24K until the end of March and this is of course very good and it is possible that if the world situation can gradually improve faster, the end of the year will be able to reach 2x the initial price of the year, if otherwise it can return to the situation in 2022.

[bettercrypto]

It's really hard to tell if we're really in a bull run or just entering the bull season, and others think it's just a bull trap.

    But I read something that some investors or holders are already positioned in the market towards raising the value of bitcoin. But most still expect it to start in 2024 not this time, and often the kicking of Bitcoin's value we don't expect how far it will reach in the market.

[Lubang Bawah]

It's really hard to tell if we're really in a bull run or just entering the bull season, and others think it's just a bull trap.

    But I read something that some investors or holders are already positioned in the market towards raising the value of bitcoin. But most still expect it to start in 2024 not this time, and often the kicking of Bitcoin's value we don't expect how far it will reach in the market.

I don't think we are in a bull run yet, and many predict that 2023 will be the same as 2022, I think we still need a lot of time to make investors believe in bitcoin and hold it long term, of course they see a market situation that is easily shaken because of issues like FTX, after the case is over, we can see that the market will soon be a bull run.

[STT]

Thats a question to ask on every turning point but with all moving averages in a good place (with time all) it could easily be true now.  Ultimately the market tests strength almost every day and we pass or we dont, if we fail we move to support and try again and so on.  Theres no definite but usually a trend can be spotted and quite a few think we then have positive bias or bullish market enacted.
Right now I think we're ok above 24k otherwise we reset some and it tried to do that last week, we'll see if it does so now.  A new break to a high for 2023 would help encourage further buying probably.

[irhact]

The market is unpredictable, january was a big and fantastic increase because the price rose more than 40%, but february the market is stagnant again and makes us worry if bad conditions happen again, the price drops in 3 days and is stuck at the $22700 level, if the price is february could touch $25k then I'm sure that a bigger increase could happen again.

Even though the price was to cross $25k I don't think we're still bullish since it's unlikely that the bull market was to start now when we haven't had the halving of Bitcoin. I think what we're experiencing now are just short term gains from the months of continuous over selling of Bitcoin causing the price to dip.

It's just a matter of time before we return bearish as people will want to take profit when they noticed the market not moving forward anymore. We shouldn't be in a rush as we have some months left before we can start experiencing a sign of bull market.

[erep]

Even though the price was to cross $25k I don't think we're still bullish since it's unlikely that the bull market was to start now when we haven't had the halving of Bitcoin. I think what we're experiencing now are just short term gains from the months of continuous over selling of Bitcoin causing the price to dip.

It's just a matter of time before we return bearish as people will want to take profit when they noticed the market not moving forward anymore. We shouldn't be in a rush as we have some months left before we can start experiencing a sign of bull market.

The crypto price hit a recovery high of almost $10k this year and of course the price is still very low compared to previous prices, so we still have a chance for a market correction when investors have taken short profits and we can increase investment before the bullish comes, but later lows will be difficult hitting under $20k again, so the $20k support area is another DCA target to add to the portfolio.