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Author Topic: Are we now on Crypto bull run?  (Read 2351 times)
Bitcoin2009
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March 21, 2023, 02:47:45 PM
 #161

To say that we are already in a bull run or not, of course we need a lot of conditions, and in my opinion the simple thing that is an indication that we are in a bull market is a price increase that reaches at least 50%, this happened when the market was rising in the past few months, namely in April 2021.
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March 22, 2023, 08:38:25 AM
 #162

I see that currently bitcoin is not showing signs of being bullish because the movement of bitcoin prices in the market is relatively unstable or running in place. Even bitcoin prices still have the potential to experience a decline from the current price.
You said this three days ago at which time the price of Bitcoin was on the rise, but you wouldn't know if you didn't look at the Bitcoin market at that time and now you can see for yourself how the price of Bitcoin is moving up and down in a matter of minutes. which is very good for Bitcoin and also the holders because it could be in the near future Bitcoin is around $30K.

Right, the market looks rising these few days or since March 5th, at the beginning of March, of course, many were frustrated because the price dropped again below $ 20k, but it only took a week for it to skyrocket and now the price has reached $ 28k, I'm sure the maximum is the 25th March the price is already at $ 30k, let's continue to buy to get big profits.
$30K by the end of the month is a very probable price for Bitcoin if there are no more crashes in the near future, but I am more confident that this can be achieved if the addition of buyers to Bitcoin can continue to increase in this month because now Bitcoin is still at $ 28K which is not that far from moving to $30K this March.

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March 22, 2023, 08:58:26 AM
 #163

I see that currently bitcoin is not showing signs of being bullish because the movement of bitcoin prices in the market is relatively unstable or running in place. Even bitcoin prices still have the potential to experience a decline from the current price.
You said this three days ago at which time the price of Bitcoin was on the rise, but you wouldn't know if you didn't look at the Bitcoin market at that time and now you can see for yourself how the price of Bitcoin is moving up and down in a matter of minutes. which is very good for Bitcoin and also the holders because it could be in the near future Bitcoin is around $30K.

Right, the market looks rising these few days or since March 5th, at the beginning of March, of course, many were frustrated because the price dropped again below $ 20k, but it only took a week for it to skyrocket and now the price has reached $ 28k, I'm sure the maximum is the 25th March the price is already at $ 30k, let's continue to buy to get big profits.
$30K by the end of the month is a very probable price for Bitcoin if there are no more crashes in the near future, but I am more confident that this can be achieved if the addition of buyers to Bitcoin can continue to increase in this month because now Bitcoin is still at $ 28K which is not that far from moving to $30K this March.
There were two unclosed gaps in the futures contracts, one of which we recently closed. There is now one left around 33k. I think it would be logical if bitcoin could close that in March or April. And then there could be trend uncertainty again. But that we will see 30k soon, I have no doubt.

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March 22, 2023, 10:41:00 AM
 #164

In my opinion, although recently the price of bitcoin has started to rise, it seems that the cryptocurrency market may not yet be in a bull run phase. I view the current bitcoin price increase as a temporary price increase.

Yes, we are not over the bear season yet, but this is not a temporary bull run, it is a bitcoin rally, and it is very likely that bitcoin will continue to move higher in the near term. I don't have any predictions for this rally, but I see many predictions bitcoin could also hit $40k for this rally.

My prediction is that this year bitcoin will continuously rise and fall, so it is still a good year to accumulate rather than expecting a bull year or a new ATH. As for me, I still believe that history will repeat itself, we will enter a bull season, or will bitcoin hit a new ATH after the halving.

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March 22, 2023, 10:51:52 AM
 #165

In my opinion, although recently the price of bitcoin has started to rise, it seems that the cryptocurrency market may not yet be in a bull run phase. I view the current bitcoin price increase as a temporary price increase.


Right, there are still a lot of things that make us say the bull run has happened, and I think the small increase that is happening right now is not strong enough, it needs a bigger increase, for example in a few days the price continues to rise even though it is only 5% of today's price increase 10% but tomorrow the price will drop another 10%, speculators are always looking to profit from the current situation.
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March 23, 2023, 06:31:09 AM
 #166

If the size of the bull run is a fantastic increase in a short time then we have entered the bull run, no one would have thought that the price had skyrocketed in March very quickly, of course this is our hope that the market in 2023 will rise again, of course we hope the market continues to improve and in March could reach $ 30k.

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March 23, 2023, 06:10:11 PM
 #167

In my opinion, although recently the price of bitcoin has started to rise, it seems that the cryptocurrency market may not yet be in a bull run phase. I view the current bitcoin price increase as a temporary price increase.
Right, there are still a lot of things that make us say the bull run has happened, and I think the small increase that is happening right now is not strong enough, it needs a bigger increase, for example in a few days the price continues to rise even though it is only 5% of today's price increase 10% but tomorrow the price will drop another 10%, speculators are always looking to profit from the current situation.
Lot of things? Hmm but what could they be? Can you give some examples? Because, I think there is only one way to tell that a bull run is coming or have happened and that is when we saw that the price of the coins are rising like for example now and I don't think it was temporary because we have been on this phase for a few weeks already. Sooner or later we can break $30k and then we will move forward for more increases.

There are speculators who are after these increases that we see and they will sell to make a profit but I don't think their numbers are more than those who want to see a new ATH and in case the price dips a little there are many people who are going to buy.

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March 23, 2023, 07:48:53 PM
 #168

Right, there are still a lot of things that make us say the bull run has happened, and I think the small increase that is happening right now is not strong enough, it needs a bigger increase, for example in a few days the price continues to rise even though it is only 5% of today's price increase 10% but tomorrow the price will drop another 10%, speculators are always looking to profit from the current situation.
Lolz what makes you think that current price moment isn't strong enough?. The market has broken resistance and has turned them into support, does that not tell you that the price moment is strong?
The market is very healthy and is not a rocket ship which moves straight into the space, there has to be price biding between the buyers and the sellers before the price can move either ways ,so this is why you saw the 5% move up and 10% down movement.

Generally, There is momentum in the market which you saw after that the price touched $19k, the price shut way up to $29k within few days, with the US banking crisis as a catalyst.


R


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March 23, 2023, 07:53:46 PM
 #169

Right, there are still a lot of things that make us say the bull run has happened, and I think the small increase that is happening right now is not strong enough, it needs a bigger increase, for example in a few days the price continues to rise even though it is only 5% of today's price increase 10% but tomorrow the price will drop another 10%, speculators are always looking to profit from the current situation.
Lolz what makes you think that current price moment isn't strong enough?. The market has broken resistance and has turned them into support, does that not tell you that the market is strong?
The market is very healthy and is not a rocket ship which moves straight into the space, there has to be price biding between the sellers and the buyers before the price can move either ways ,so this is why you saw the 5% move up and 10% down movement.

Generally, There is momentum in the market which you saw after that the price touched $19k, the price shut way up to $29k within few days, with the US banking crisis as a catalyst.


Banking crisis had start up on 22-24k and it did successfully able to break out that resistance on 25k because of that event and now its still ongoing with this crisis which would potentially be able to break up even on 30.
It is indeed true that the current situation did really push up the price but of course there would really be those short time sellers which we do know that it wont really be that a smooth sail ride on which others people
been thinking.We arent still on that golden bull run but rather this is some typical bull market that we are experiencing but of course the transition would be always there and there's chances that dumps
and crashes could be seen along the way.The only thing you do need is to be that versatile.

R


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March 23, 2023, 08:26:40 PM
 #170

If the size of the bull run is a fantastic increase in a short time then we have entered the bull run, no one would have thought that the price had skyrocketed in March very quickly, of course this is our hope that the market in 2023 will rise again, of course we hope the market continues to improve and in March could reach $ 30k.
Based on the analysis since the beginning of this year the market can be categorized as going to be bullish due to the significant increase in price, the bullish point can be marked of a significant recovery after the BTC price recovered from 25k in a few days, however I predict that the quarterly increase will continue and break $30 k above then the next increase will be higher. We are close to reaching the hope for a recovery to reach the previous ATH.

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March 24, 2023, 03:19:04 PM
 #171

I also agree that we are in a bull run and have left the bear market, the thing that is an indication besides the price increase is the volume of transactions which has increased significantly compared to 2022, and it is natural that soon the price will reach $ 30k.
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March 24, 2023, 04:55:05 PM
 #172

I don't think we should expect any serious growth in March, because usually March is not the strongest month for bitcoin. The main events will probably unfold in April 2023. The U.S. government may turn on the "printing press" again to solve the problem with the banks and may finish raising rates.

Yes, agreed, I would like to add that as well. Regarding the current state of the market, it is difficult to say if we are having a crypto bull run or if the price may still fall further.

Market trends and potential price moves for March haven't usually been a strong month for Bitcoin in the past. It is possible that this trend may continue, but it is also important to consider other factors that may affect the market, such as regulatory developments, investor sentiment and macroeconomic trends.

Looking ahead to April 2023, there are bound to be some events that could affect the price of Bitcoin. As you say the US Government can revive the "printing press" causing a ripple effect throughout the financial market due to the US government's monetary policy decisions.

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March 24, 2023, 05:29:46 PM
 #173

Yes, agreed, I would like to add that as well. Regarding the current state of the market, it is difficult to say if we are having a crypto bull run or if the price may still fall further.

Market trends and potential price moves for March haven't usually been a strong month for Bitcoin in the past. It is possible that this trend may continue, but it is also important to consider other factors that may affect the market, such as regulatory developments, investor sentiment and macroeconomic trends.

Looking ahead to April 2023, there are bound to be some events that could affect the price of Bitcoin. As you say the US Government can revive the "printing press" causing a ripple effect throughout the financial market due to the US government's monetary policy decisions.
Don't concern yourself with any issues out there because I don't think the market ever waits for someone to be ready to invest. The government and its regulations and policies may have a negative impact on the market, but you shouldn't lose your optimism about the future.

Don't forget, we have been in a mini bull run since early January. I think it will continue to be strong towards the middle of the year, so it's important to recycle your investment plan if you haven't already.

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March 24, 2023, 05:49:43 PM
 #174

In my opinion, although recently the price of bitcoin has started to rise, it seems that the cryptocurrency market may not yet be in a bull run phase. I view the current bitcoin price increase as a temporary price increase.
the price of bitcoin is moving up but we have not yet entered the bull run phase, until the next few weeks, Kuta will see the price of bitcoin which is still very volatile, maybe it will return to $ 22k before finally rising past $ 30k.

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March 24, 2023, 06:08:14 PM
 #175

There were two unclosed gaps in the futures contracts, one of which we recently closed. There is now one left around 33k. I think it would be logical if bitcoin could close that in March or April. And then there could be trend uncertainty again. But that we will see 30k soon, I have no doubt.
I also have no doubts about the price of $30K in March or even in April, because Bitcoin has proven capable of being at $28K more this month even though it is still undergoing corrections as often as it is now. But I have absolutely no doubts for the price of $30K in the near future, but for now everyone also needs to hope for good news for Bitcoin so that Bitcoin does not have a deeper correction this month.

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March 24, 2023, 06:26:38 PM
 #176

I also have no doubts about the price of $30K in March or even in April, because Bitcoin has proven capable of being at $28K more this month even though it is still undergoing corrections as often as it is now.
$30k in March looks like it will be hard to achieve, but I believe it will be in April. While March only leaves a few days on the calendar, even $29k is still hard to beat as traders continue to drive sales. Money inflow in the last 24 hours has tended to be down on some exchanges, so I think it's unlikely to expect $30k to be hit for the rest of March. But of course, who knows.

But I have absolutely no doubts for the price of $30K in the near future, but for now everyone also needs to hope for good news for Bitcoin so that Bitcoin does not have a deeper correction this month.
Don't be too sure, but try to be patient and hope this positive trend will continue this year.
After all, a minor correction is no big deal, even if $30k doesn't break through in March. I was hoping for a better April, still realistic to think about than March.

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March 24, 2023, 08:49:23 PM
 #177

$30k in March looks like it will be hard to achieve, but I believe it will be in April. While March only leaves a few days on the calendar, even $29k is still hard to beat as traders continue to drive sales. Money inflow in the last 24 hours has tended to be down on some exchanges, so I think it's unlikely to expect $30k to be hit for the rest of March. But of course, who knows.
Currently, Bitcoin price looks like in a sideway phase, the price is around $27k-$28k. I agree that it is unlikely to rise up to $30k in the near future. But we don't know what is happening in the next 3-5 days. If there is good news about Bitcoin or crypto, I believe it won't be very difficult to achieve $30k. Moreover, it will be easier if some whales try to pump Bitcoin to pass $30k immediately.  Wink

Don't be too sure, but try to be patient and hope this positive trend will continue this year.
After all, a minor correction is no big deal, even if $30k doesn't break through in March. I was hoping for a better April, still realistic to think about than March.
Yep, we shouldn't be too much expecting $30k to be achieved this month. Not sure that the price to pass $30k soon, but I believe it will be achieved in the next month. We are not very far from $30k but it won't be achieved if Bitcoin experiences a sideways phase. I see the uptrend just stop temporarily, it is likely in a sideways after a correction.


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March 28, 2023, 07:30:14 PM
 #178

In my opinion, although recently the price of bitcoin has started to rise, it seems that the cryptocurrency market may not yet be in a bull run phase. I view the current bitcoin price increase as a temporary price increase.


Right, there are still a lot of things that make us say the bull run has happened, and I think the small increase that is happening right now is not strong enough, it needs a bigger increase, for example in a few days the price continues to rise even though it is only 5% of today's price increase 10% but tomorrow the price will drop another 10%, speculators are always looking to profit from the current situation.
Correct. I agree with you that at this time it cannot be said that the crypto market is in a bull run trend because the price increases are relatively small and even seem stagnant. Especially now that the bitcoin price has fallen again to the $26k-27k area, even though it had reached $28.7k a few days ago. Therefore it seems that the bull run has yet to occur and the bitcoin price still has the potential to drop below $25k.

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March 30, 2023, 05:17:06 PM
 #179

Correct. I agree with you that at this time it cannot be said that the crypto market is in a bull run trend because the price increases are relatively small and even seem stagnant. Especially now that the bitcoin price has fallen again to the $26k-27k area, even though it had reached $28.7k a few days ago. Therefore it seems that the bull run has yet to occur and the bitcoin price still has the potential to drop below $25k.
Right now Bitcoin is not yet in a bullrun for reasons that the increase is not big enough, but a slight but more certain increase is a very good thing for Bitcoin as in today's example where Bitcoin had passed the price of $29K even though after that it experienced another correction to the price of $28K. I really hope that in April the increase in Bitcoin prices can be much more significant than this March because to go to a bullrun, of course, there must be an increase that occurs first.

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April 02, 2023, 02:09:22 AM
 #180

Right, the market looks rising these few days or since March 5th, at the beginning of March, of course, many were frustrated because the price dropped again below $ 20k, but it only took a week for it to skyrocket and now the price has reached $ 28k, I'm sure the maximum is the 25th March the price is already at $ 30k, let's continue to buy to get big profits.

An appeal to buy in large quantities before prices will rise again this year. But I'm sure there will be a big increase later in the middle of this year. but I choose to split my coins to get from various sides of the profit.

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