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Author Topic: Are we now on Crypto bull run?  (Read 2352 times)
BobK71
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April 02, 2023, 05:25:13 AM
 #181

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.
Bitcoin is trying to come out on top despite the hardships that various government agencies have expressed towards crypto. We are in the pre-Bitcoin bull run moment, although we cannot say certainly whether it is going into a Bitcoin bull run. At any time we may be able to see that moment. Hope the bull run will start once it crosses $30k. If it goes down in price for some time then there is nothing to be upset. Because according to the time, we are trying to close to bull run.

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April 02, 2023, 05:46:28 AM
 #182

the chances of it dropping below $20k are very slim, especially now that bitcoin is on a positive trend and the bull is getting closer. I'm sure after this there will be a lot of significant price increases because many investors start buying bitcoin and altcoins to make profits when the bull arrives.

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April 02, 2023, 10:11:59 AM
 #183

I think we are currently in a recovery period, the bull run has not happened yet because the price is still far from the ATH that has ever happened, moreover the current market is easy for dumping for the reason that many are afraid of FUDs, the market is of course better to move slowly, for example in April it can reach $ 40 k, then may $50k and so on.
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April 02, 2023, 06:24:41 PM
 #184

the chances of it dropping below $20k are very slim, especially now that bitcoin is on a positive trend and the bull is getting closer. I'm sure after this there will be a lot of significant price increases because many investors start buying bitcoin and altcoins to make profits when the bull arrives.
The OP is talking about $15500 not $20k. $15.5k may seem to be impossible but $20k is still possible. Aren't you aware last time that we touch $19k? May these small increases in the price that you see lately not blind you about the possibilities of a downfall especially now that there are some issues that are forming again pertaining to cryptos.

We are still far away from the bull run so there is still a mixture of down falls and small increases but we can use these fluctuations in our favor. Other than Bitcoin, altcoin can be a good addition in the side because alts can also follow once bitcoin pumps a lot but we should be very careful on picking an altcoin.

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April 02, 2023, 07:25:01 PM
 #185

the chances of it dropping below $20k are very slim, especially now that bitcoin is on a positive trend and the bull is getting closer. I'm sure after this there will be a lot of significant price increases because many investors start buying bitcoin and altcoins to make profits when the bull arrives.
I will not deny your words at all, because even before this, Bitcoin went up to 28k while recovering and came back with a huge dump at around 16k.  For this I would say to be cautious but the market is just coming up with green signals from all around, and making strong resistances one after the other may be the steps for the recovery to begin. And the most important thing is that the year 2024 is not too late. If the next halving happens in 2024, then it can be said that Bitcoin is starting to recover to reach a new all-time high.


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April 02, 2023, 07:27:49 PM
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 #186

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.

We provide a bit of a bull run and although this is small and of course this is not entirely predictable that it will continue to increase, every movement of the graph of the increase in the price of Bitcoin so far has been followed by a mild correction which causes the price to remain relatively low in increasing Value and price of Bitcoin, small bull what is happening on the market indicates that the bull run trend will occur, but it still cannot be held as an accurate prediction.

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. T

And this is the correction that occurred while the market was experiencing a small bull yesterday, the price is still unstable, in the sense that it could be higher and even vice versa, now the price on the market is still in the range of $ 28k, it is inconsistent and this is unpredictable in nature, the current movement is erratic, it is possible that it will go up, although slowly, and there is also the possibility of another price correction, of course.

herefore it seems that the bull run has yet to occur and the bitcoin price still has the potential to drop below $25k.

Drops in price and corrections are inevitable, but maybe a bull run will happen requiring at least some recovery, it could happen from the supply and demand levels that will cause the Bitcoin Value to change, either down or up and the chart is still running , the possibility that it has the potential to go down and up is still information that is not completely accurate.


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April 05, 2023, 02:31:06 PM
 #187

I think it's still far to say that right now we are in a bull run, market conditions are not stable and the price is difficult to penetrate the important limit, namely the price of $ 30k, I believe that if this week the price can reach $ 30k then April will be easy to reach $ 40k or more.


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April 05, 2023, 02:56:29 PM
 #188

we don't know about the next reduction and increasing in price but the price of bitcoin is higher more than your mentioned price. The price of 15500 is very low and now the price is not such low to reach mentioned price.

The year of 2022 was dip and now we are in Bull run because the price is elevated now, it is estimated that if bear market initiate then after the completion of bear season there always occurs Bull run and all those who make investment during bear season will surely get profit from their investment.

From short moment of higher and lower price estimation cannot be possible about bear and Bull run but we can say that now we are in Bull run because from January of this month the price remains higher.



 

 

 

 

 

 


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April 05, 2023, 03:24:25 PM
 #189

Are we now on crypto bull run or this yet to be go down futher more down than 15500?
The market is now on an upswing, long ago the price of Bitcoin dropped a lot. But it is recovering again and the market is moving forward again. The way Bitcoin is going right now, I think it will hit $35000 this April. The market is unlikely to go down any more than it will go down at the moment. If you understand and analyze the position of the market rise, the market must attract upwards.

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April 05, 2023, 09:45:23 PM
 #190

Are we now on crypto bull run or this yet to be go down futher more down than 15500?
It is too early to decide if it is a bull run season but if btc rise above 35k$ maybe that was the start of the bull run season again, for now we still have yo wait a little more or we can still buy some more altcoin as a preparation of the possible bull run season just invest an amount that we can afford to loss.

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April 05, 2023, 11:51:36 PM
 #191

I think it's still far to say that right now we are in a bull run, market conditions are not stable and the price is difficult to penetrate the important limit, namely the price of $ 30k, I believe that if this week the price can reach $ 30k then April will be easy to reach $ 40k or more.
Yes, you are right. It is not the time to claim we are in the bullrun season since the price of Bitcoin is still far from its ATH. The current price is still below $30k, while the ATH is around $69k. It is not half of the ATH yet, so how can we are in the bullrun season?  Huh We can claim that we are almost in the bullrun season if the price of Bitcoin isn't far from the ATH.

I also expect the price to pass $30k in this month, and it may try to pass $40k in the next 2 months.


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April 05, 2023, 11:54:33 PM
Last edit: April 06, 2023, 12:15:36 AM by AmoreJaz
 #192

Are we now on crypto bull run or this yet to be go down futher more down than 15500?
It is too early to decide if it is a bull run season but if btc rise above 35k$ maybe that was the start of the bull run season again, for now we still have yo wait a little more or we can still buy some more altcoin as a preparation of the possible bull run season just invest an amount that we can afford to loss.

as there's no concrete definition of bull or bear season, it now depends on how a person will look at this market. so such season is relative to the person's perspective when it comes to bull or bear period. if we compare the current market from previous month, we can say, we are in the bullish period. but if we compare this market when btc was in the 40-50k level, certainly, we are still in the bearish period. so the label depends on when do you want to compare the current market.

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April 05, 2023, 11:59:10 PM
 #193

Are we now on crypto bull run or this yet to be go down futher more down than 15500?
It is too early to decide if it is a bull run season but if btc rise above 35k$ maybe that was the start of the bull run season again, for now we still have yo wait a little more or we can still buy some more altcoin as a preparation of the possible bull run season just invest an amount that we can afford to loss.

as there's no concrete definition of bull or bear season, it now depends on how a person will look at this market.
Bull season is part of the market. As mentioned we can't be sure of the bull and bear market. When we see the market on the long term or consider the growth pattern for a longer time period, most of the time it looks to be bullish. This means we can see the gradual upward move amidst the fluctuation and price drops taking place inbetween.

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April 06, 2023, 02:20:54 AM
 #194

Are we now on crypto bull run or this yet to be go down futher more down than 15500?
It is too early to decide if it is a bull run season but if btc rise above 35k$ maybe that was the start of the bull run season again, for now we still have yo wait a little more or we can still buy some more altcoin as a preparation of the possible bull run season just invest an amount that we can afford to loss.

as there's no concrete definition of bull or bear season, it now depends on how a person will look at this market.
Bull season is part of the market. As mentioned we can't be sure of the bull and bear market. When we see the market on the long term or consider the growth pattern for a longer time period, most of the time it looks to be bullish. This means we can see the gradual upward move amidst the fluctuation and price drops taking place inbetween.

Well if you look at bitcoin's history though, the bull run occur right after the halving. So right now we are still more than a year from the halving itself so we might say that we are not yet in the bull run season, although the price has been going up this year.

So for now, just stay relax, bull run will come, this market works in cycle, and we have been in this kind of situation before.

We just need to be patience and wait for the right time to see the bull run happen for us next year.

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April 06, 2023, 03:04:23 AM
 #195

Are we now on crypto bull run or this yet to be go down futher more down than 15500?
It is too early to decide if it is a bull run season but if btc rise above 35k$ maybe that was the start of the bull run season again, for now we still have yo wait a little more or we can still buy some more altcoin as a preparation of the possible bull run season just invest an amount that we can afford to loss.

as there's no concrete definition of bull or bear season, it now depends on how a person will look at this market.
Bull season is part of the market. As mentioned we can't be sure of the bull and bear market. When we see the market on the long term or consider the growth pattern for a longer time period, most of the time it looks to be bullish. This means we can see the gradual upward move amidst the fluctuation and price drops taking place inbetween.

Well if you look at bitcoin's history though, the bull run occur right after the halving. So right now we are still more than a year from the halving itself so we might say that we are not yet in the bull run season, although the price has been going up this year.

So for now, just stay relax, bull run will come, this market works in cycle, and we have been in this kind of situation before.

We just need to be patience and wait for the right time to see the bull run happen for us next year.
It's not bullrun yet as the price of Bitcoin and altcoins are still not consistently increasing, corrections are still there. Just like the past history (as you've said) bullrun might happen after halving since many investors are already expecting the price of Bitcoin to skyrocket after. Though it's not guaranteed the history will repeat itself, bullrun can happen sooner/longer than expected.

But it will certainly come just like what happened before. Investors with patience and can hold longer are the ones who will become a huge gainer once the bullrun takes place.


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April 06, 2023, 01:44:42 PM
 #196

It is too early to decide if it is a bull run season but if btc rise above 35k$ maybe that was the start of the bull run season again, for now we still have yo wait a little more or we can still buy some more altcoin as a preparation of the possible bull run season just invest an amount that we can afford to loss.
Now we are in April and Bitcoin is still $ 27K and despite having touched the price of $ 28K on its way. For me this is a good accumulation step before moving to a higher price, but I estimate the price will penetrate the $ 30k. There is no accurate definition of the bull or bear season and maybe we will experience unexpected conditions, rather than considering this condition, it is better to take the opportunity to collect bitcoin at this time.

If it is true that the four -year -old cycle will run according to the accumulation of the previous year, it is likely that next year we will be in the cycle, so we will get the maximum profit. So far the market conditions have become more positive and close to price improvements from the previous year.

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April 06, 2023, 02:22:29 PM
 #197

Are we now on crypto bull run or this yet to be go down futher more down than 15500?
It is too early to decide if it is a bull run season but if btc rise above 35k$ maybe that was the start of the bull run season again, for now we still have yo wait a little more or we can still buy some more altcoin as a preparation of the possible bull run season just invest an amount that we can afford to loss.

as there's no concrete definition of bull or bear season, it now depends on how a person will look at this market.
Bull season is part of the market. As mentioned we can't be sure of the bull and bear market. When we see the market on the long term or consider the growth pattern for a longer time period, most of the time it looks to be bullish. This means we can see the gradual upward move amidst the fluctuation and price drops taking place inbetween.

Well if you look at bitcoin's history though, the bull run occur right after the halving. So right now we are still more than a year from the halving itself so we might say that we are not yet in the bull run season, although the price has been going up this year.

So for now, just stay relax, bull run will come, this market works in cycle, and we have been in this kind of situation before.

We just need to be patience and wait for the right time to see the bull run happen for us next year.
Totally agree.  I think we have the prospect of a bull market but technically we look very bullish on the upside as it rallies 15k-28k in Q1 but in terms of sentiment and  The risks of the current macroeconomic picture could prevent the market from absorbing enough of that optimism.  So looking at bitcoin's history and bull cycle, currently - the market is building a solid structure or recovering before the start of the 2024 post-halving bull cycle.

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April 06, 2023, 06:34:41 PM
 #198

It is too early to decide if it is a bull run season but if btc rise above 35k$ maybe that was the start of the bull run season again, for now we still have yo wait a little more or we can still buy some more altcoin as a preparation of the possible bull run season just invest an amount that we can afford to loss.
Why do you have to buy altcoins to prepare for a bullrun when what is being awaited for a bullrun is Bitcoin? Indeed, in general altcoins also get a good increase in bull run conditions as has happened in 2021, but the most important thing here is to take advantage of this moment by having more Bitcoins even though it would not be wrong if someone has more altcoins in their wallet as long as the altcoins are is an altcoin that is already very popular in the market.

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April 06, 2023, 08:27:23 PM
 #199

It is too early to decide if it is a bull run season but if btc rise above 35k$ maybe that was the start of the bull run season again, for now we still have yo wait a little more or we can still buy some more altcoin as a preparation of the possible bull run season just invest an amount that we can afford to loss.
Why do you have to buy altcoins to prepare for a bullrun when what is being awaited for a bullrun is Bitcoin? Indeed, in general altcoins also get a good increase in bull run conditions as has happened in 2021, but the most important thing here is to take advantage of this moment by having more Bitcoins even though it would not be wrong if someone has more altcoins in their wallet as long as the altcoins are is an altcoin that is already very popular in the market.
Some traders or investors have reasons from their analysis to buy altcoins before the bullrun, they don't ignore Bitcoin investment advice but due to limited funds they buy altcoins because top altcoins have higher profits during bullrun periods, but any altcoin is not guaranteed to pump during bullish periods hence there is a high risk to be considered for potential altcoin options, but good advice to share investment for halves in top bitcoin and altcoins for the purpose of recovering losses with bitcoin and altcoin investments to get high profit opportunities.

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April 06, 2023, 09:19:44 PM
 #200

I think it's still far to say that right now we are in a bull run, market conditions are not stable and the price is difficult to penetrate the important limit, namely the price of $ 30k, I believe that if this week the price can reach $ 30k then April will be easy to reach $ 40k or more.
I agree that at this time we are still far from a bull run because currently the price of bitcoin is still in the recovery stage, although recently the price of bitcoin has increased significantly but that doesn't mean it's bullish but only a positive trend. and $ 30k is indeed a crucial point for bitcoin because it can determine the direction of the next bitcoin price movement.

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