Are we now on Crypto bull run?

[Bitcoin_people]

The Bitcoin market has now turned into a very bull market compared to the past few days. Bitcoin price chart has been bullish especially in the month of March. But the market is constantly moving up and down but it has settled in an equilibrium. Which is why I think the market is unlikely to return to $15k again. Now if the market is positioned in any order then it will definitely exert an upward force. From the current position, the Bitcoin market will grow further in the coming months, with very little chance of market dumping.

[StreakW]

In my opinion, although recently the price of bitcoin has increased, it seems that the crypto market is not yet fully in the bull run phase. We don't know how far the current price movement will continue. However, I'm not sure if the bitcoin price drops to the $15k area again.

[dragonvslinux]

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.

It seems like everyone considers the $30K level to be crucial, similar to how the $25K was, and I also agree this level (between $30K and $32K I think) will be crucial for really determining a new bull market, even if only short-term for the year prior to another short-term bear market back down to $30K levels. The positive is that this isn't a bull market yet, and if we see one, there will likely be a considerable price increase.

It's also nice to see many more Bitcoiners being level headed in this forum compared to elsewhere. Some people think we are already definitively in a bull market, or otherwise that the bull market will soon come to an end. Whereas personally I only see the bottom being in as highly likely, and whether this leads to a bull market is another story that will likely be written by what happens around $30K in the near future.

[lepbagong]

In my opinion, although recently the price of bitcoin has increased, it seems that the crypto market is not yet fully in the bull run phase. We don't know how far the current price movement will continue. However, I'm not sure if the bitcoin price drops to the $15k area again.

your opinion is not wrong, because indeed the world situation which has not improved from the economic crisis to date, will certainly have an impact on the movement of crypto and indeed the bull run phase has not yet been seen. if the price could go back to last year's price it could happen and it could be more than just $15K. but all of these are the best opportunities to continue buying and holding because the halving era is only a matter of time.

[Sayeds56]

In my opinion, although recently the price of bitcoin has increased, it seems that the crypto market is not yet fully in the bull run phase. We don't know how far the current price movement will continue. However, I'm not sure if the bitcoin price drops to the $15k area again.

You are correct, it appears that Bitcoin price has stuck between $27,000 to $28,000 for several weeks and trading within very short range.It is a lull before storm situation & I think it can not continue like that indefinitely. A significant movement may occur in either direction as a result of any negative or positive news. I believe that there is a possibility that it might hit $30,000 in coming weeks as technically it is still trading above 200 daily moving average (DMA) which is a positive sign..

[MiF]

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

Until btc not reach up to 30k$ above then i will still consider it a bear market, but if btc rise up to 30k$ then that was a start of the bull run season, i believe that bull run is coming but it is too early to predict maybe the rising of the BTC price is a bull trap, so we need to be careful for good.

[DanWalker]

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

Until btc not reach up to 30k$ above then i will still consider it a bear market, but if btc rise up to 30k$ then that was a start of the bull run season, i believe that bull run is coming but it is too early to predict maybe the rising of the BTC price is a bull trap, so we need to be careful for good.

The 30k target shouldn't be too hard for bitcoin to hit, we're very close, but this doesn't prove that a bull run will follow. Historical factors aside, the bull market only appeared after the halving, we just have to look at the world economic situation, inflation, war, and interest rates, everything is working against us. So expecting a bull season this year is too hard for bitcoin. Be prepared for a scenario where bitcoin will correct instead of just focusing on a bull run, or else we will panic when that happens.

[BobK71]

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

Until btc not reach up to 30k$ above then i will still consider it a bear market, but if btc rise up to 30k$ then that was a start of the bull run season, i believe that bull run is coming but it is too early to predict maybe the rising of the BTC price is a bull trap, so we need to be careful for good.

The 30k target shouldn't be too hard for bitcoin to hit, we're very close, but this doesn't prove that a bull run will follow. Historical factors aside, the bull market only appeared after the halving, we just have to look at the world economic situation, inflation, war, and interest rates, everything is working against us. So expecting a bull season this year is too hard for bitcoin. Be prepared for a scenario where bitcoin will correct instead of just focusing on a bull run, or else we will panic when that happens.

It is true that there is no assurance Bitcoin will turn bullish once it crosses $30K. Because no one can be sure about it's bullish and bearish but if we review the history of Bitcoin we are staying at a good position where the certainty of Bitcoin being bullish is a bit high. Bitcoin has been showing its positive movement despite the recent stream of negative events. Which is further increasing the confidence of Bitcoin investors. If there is no new negative aspects of Bitcoin come to us, it will start it's bullish trend for the next bull run.

[SFMHodler]

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

Until btc not reach up to 30k$ above then i will still consider it a bear market, but if btc rise up to 30k$ then that was a start of the bull run season, i believe that bull run is coming but it is too early to predict maybe the rising of the BTC price is a bull trap, so we need to be careful for good.

The 30k target shouldn't be too hard for bitcoin to hit, we're very close, but this doesn't prove that a bull run will follow. Historical factors aside, the bull market only appeared after the halving, we just have to look at the world economic situation, inflation, war, and interest rates, everything is working against us. So expecting a bull season this year is too hard for bitcoin. Be prepared for a scenario where bitcoin will correct instead of just focusing on a bull run, or else we will panic when that happens.

I think the sentiment right now is not strong enough for a bull run.

[cryptomaniac_xxx]

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.

It seems like everyone considers the $30K level to be crucial, similar to how the $25K was, and I also agree this level (between $30K and $32K I think) will be crucial for really determining a new bull market, even if only short-term for the year prior to another short-term bear market back down to $30K levels. The positive is that this isn't a bull market yet, and if we see one, there will likely be a considerable price increase.

Or it is just a round number that we need to breach to say that we are in a bull run, or just to confirmed it?

For me, we are still very far from the bull run because it seems that we are slowing down this April and we can't even go and break $28k. so $30k will still be the biggest psychological barrier that we have face. And even if we broke it, I don't see it as sign that we are indeed in a bull run and going to see new all time high this year.

It's also nice to see many more Bitcoiners being level headed in this forum compared to elsewhere. Some people think we are already definitively in a bull market, or otherwise that the bull market will soon come to an end. Whereas personally I only see the bottom being in as highly likely, and whether this leads to a bull market is another story that will likely be written by what happens around $30K in the near future.

I guess majority here have matured enough, or has enough experienced to call what it is. That we are not yet in the bull run and this is just a recovery phase. The real indication of a bull run is right after the bitcoin block halving next year.

[cozytrade]

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

Until btc not reach up to 30k$ above then i will still consider it a bear market, but if btc rise up to 30k$ then that was a start of the bull run season, i believe that bull run is coming but it is too early to predict maybe the rising of the BTC price is a bull trap, so we need to be careful for good.

The 30k target shouldn't be too hard for bitcoin to hit, we're very close, but this doesn't prove that a bull run will follow. Historical factors aside, the bull market only appeared after the halving, we just have to look at the world economic situation, inflation, war, and interest rates, everything is working against us. So expecting a bull season this year is too hard for bitcoin. Be prepared for a scenario where bitcoin will correct instead of just focusing on a bull run, or else we will panic when that happens.

It is true that there is no assurance Bitcoin will turn bullish once it crosses $30K. Because no one can be sure about it's bullish and bearish but if we review the history of Bitcoin we are staying at a good position where the certainty of Bitcoin being bullish is a bit high. Bitcoin has been showing its positive movement despite the recent stream of negative events. Which is further increasing the confidence of Bitcoin investors. If there is no new negative aspects of Bitcoin come to us, it will start it's bullish trend for the next bull run.

If we see that the price of Bitcoin has been in the range of 28k$ for several days. If we talk about several months ago, the price of Bitcoin was around 20k$, so now it is expected that the price of Bitcoin may go to 40k$ very soon.  But for that we have to wait for a few more months. And if we see the price of Bitcoin falling in a few days, then we can understand that we may not expect to see anything better by this 2023. But it will be fully seen after a few months.

[dragonvslinux]

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.

It seems like everyone considers the $30K level to be crucial, similar to how the $25K was, and I also agree this level (between $30K and $32K I think) will be crucial for really determining a new bull market, even if only short-term for the year prior to another short-term bear market back down to $30K levels. The positive is that this isn't a bull market yet, and if we see one, there will likely be a considerable price increase.

Or it is just a round number that we need to breach to say that we are in a bull run, or just to confirmed it?

Has nothing to do with a round number in my opinion, but the fact that $30K level acted as support for about 18 months before Bitcoin capitulated into a bear market. I'd say the resistance is more like around $29K to $32K, but the common reference is $30K as it is indeed a round number. It's similar to $6K resistance level in 2019... it wasn't because that was a round number, it was because that "area" was previous support.

For me, we are still very far from the bull run because it seems that we are slowing down this April and we can't even go and break $28k. so $30k will still be the biggest psychological barrier that we have face. And even if we broke it, I don't see it as sign that we are indeed in a bull run and going to see new all time high this year.

Price is currently in it's 4th week of consolidation, so for sure price has slowed down, but this consolidation under previous support remains bullish unless it becomes new resistance. Even last week was a new yearly closing high for Bitcoin, even with price only up 0.5% for the week. Overall it still generally reminds me of April 2019 consolidation prior to further upside, unless we see a rejection that is.

It's also nice to see many more Bitcoiners being level headed in this forum compared to elsewhere. Some people think we are already definitively in a bull market, or otherwise that the bull market will soon come to an end. Whereas personally I only see the bottom being in as highly likely, and whether this leads to a bull market is another story that will likely be written by what happens around $30K in the near future.

I guess majority here have matured enough, or has enough experienced to call what it is. That we are not yet in the bull run and this is just a recovery phase.

The term is pretty subjective and based on time-frames really. For example on the Weekly time-frame then price could rebound back to $50K, even $60K, and that wouldn't really be a bull market long-term with a lower high, simply a recovery as you put it. However on a Daily time-frame it'd be pretty bullish. Even the 4x increase from the lows in 2019 was a bear market rally, as opposed to bull market, hence price returned to the lows soon after the macro lower high. Others would call it a "mini-bull run", which I think is one way of putting it. It's sort of confirming that it's only a short term bull market, which after a bear market, is basically a relief rally.

[Epaper]

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.

Indeed, bitcoin is not yet fully in a bullrun. But at least with the recent more positive crypto market performance at least the bitcoin price will pass above $30k. If the crypto market continues to work positively until the middle of this year, it is very likely that a bitcoin bullrun will occur at the end of the year.

[Sayeds56]

Indeed, bitcoin is not yet fully in a bullrun. But at least with the recent more positive crypto market performance at least the bitcoin price will pass above $30k. If the crypto market continues to work positively until the middle of this year, it is very likely that a bitcoin bullrun will occur at the end of the year.

It is correct to say that market is not in full run yet. However, Yesterday evening, Bitcoin made very impressive upward movement that many of us had been anticipating since many weeks when Bitcoin was trading in  a narrow range for sometime, indicating an imminent breakout. This morning Asian markets opened with a green candle and currently Bitcoin is trading above $30,000. This suggests positive market sentiment and hopefully Bitcoin will also surpass it next major resistance which is around $33,000. DYOR

[kotajikikox]

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

i can say today maybe starting , but of course you cannot buy from that as we are all speculating here .
bitcoin is making a good run early today and seemingly to continue in the next couple of days as long as there is no selling from those who wanted to take profit and the correction will take part.
but I still believe since we crossed that 30k barricade now we can finally see the next better movement.

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

Until btc not reach up to 30k$ above then i will still consider it a bear market, but if btc rise up to 30k$ then that was a start of the bull run season, i believe that bull run is coming but it is too early to predict maybe the rising of the BTC price is a bull trap, so we need to be careful for good.

https://coinmarketcap.com/currencies/bitcoin/ so you will now consider this as Bull market?

[Supreemo]

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.

It seems like everyone considers the $30K level to be crucial, similar to how the $25K was, and I also agree this level (between $30K and $32K I think) will be crucial for really determining a new bull market, even if only short-term for the year prior to another short-term bear market back down to $30K levels. The positive is that this isn't a bull market yet, and if we see one, there will likely be a considerable price increase.

It's also nice to see many more Bitcoiners being level headed in this forum compared to elsewhere. Some people think we are already definitively in a bull market, or otherwise that the bull market will soon come to an end. Whereas personally I only see the bottom being in as highly likely, and whether this leads to a bull market is another story that will likely be written by what happens around $30K in the near future.

that mostly like why i prefer getting new updates here compare on outside sources, since all they've been blabbing is either all about hype or all about panic market. i believe bull market hasn't really started, and it is just that the correction is slowly getting stable after recent events which significantly affect the whole market in general, but who knows really whether this will be the starting line for another bull market approaching, it's not as if anyone has accurately predicted what will happen in the future.

[Pierre 2]

We are not on crypto bull run right now in my opinion. Its definitely good rally ongoing but there isn't much demand for anything besides Bitcoin. Bull run happens when crypto goes crazy with 5-10-15x everywhere. Although Bitcoin's rally feels very good and it constructed confidence back into crypto investors. We are in what I call, healing run in my opinion. I think in long run we will have 1-2 or maybe even 3 corrections. But crypto bull run will probably happen next year.

[Franctoshi]

Bitcoin's price break out of $30k technically signifies an Official Bull run, plus having Bitcoin got doubled in its price just in the 22nd week since after we hit Bottom at 15k. However, we need up to 1-3 weekly candle closure above $30k, to continue the momentum to the up side and stay extremely bullish about the bull market, Because it was former major support zone before we broke down, so now we need maintain that zone as we broke back into the zone because it now acting as strong resistance and in order to turn it back into support.

[Smack That Ace]

Bitcoin's price break out of $30k technically signifies an Official Bull run, plus having Bitcoin got doubled in its price just in the 22nd week since after we hit Bottom at 15k. However, we need up to 1-3 weekly candle closure above $30k, to continue the momentum to the up side and stay extremely bullish about the bull market, Because it was former major support zone before we broke down, so now we need maintain that zone as we broke back into the zone because it now acting as strong resistance and in order to turn it back into support.

Do you mean there will be a bull run and a new ATH this year? If that's the case, then we're going to break the old history and create a new one, as the bull market takes place only a year after the halving. I also agree with what @Pierre 2 said, the bull market is when we will see new trends, and many shitcoin projects will x5, x10 in the market. But what is happening in the market is almost exclusively focused on bitcoin, altcoins are almost insignificant.

[Franctoshi]

Do you mean there will be a bull run and a new ATH this year? If that's the case, then we're going to break the old history and create a new one, as the bull market takes place only a year after the halving. I also agree with what @Pierre 2 said, the bull market is when we will see new trends, and many shitcoin projects will x5, x10 in the market. But what is happening in the market is almost exclusively focused on bitcoin, altcoins are almost insignificant.

What I meant here about the bull market, is actually from the technical point of view side, The bulls are now in control of the market, that's the movement that will take us to a new ATH, So not necessarily that Bitcoin will be making a new ATH this year, though it still a possibility we can make new ATH, However, you may call this a bear market rally or recovery for a clearer picture of what I'm trying to say, As we haven't created a new Highs.