Are we now on Crypto bull run?

[wmaurik]

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.

In the last two days Bitcoin has indeed passed the price of $ 30K, but it is also too early to call it a bullrun even though it could also be a good start for Bitcoin to go bullrun again this year. I also see that the current market conditions have started to improve, especially for Bitcoin and I also hope that good things like now can continue this month without stopping through correction barriers in the market.

[asrinur]

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.

Indeed it is possible if the bitcoin price has the potential to reach $30k. However, it seems that the price of $ 30k is difficult to reach at the end of April, especially now that the bitcoin price has fallen back to the $27k area after rising to the $ 28.7k area. Therefore, let's see in the future how bitcoin price movements will continue to rise or fall back from the current price.

[Grasper]

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.

Indeed it is possible if the bitcoin price has the potential to reach $30k. However, it seems that the price of $ 30k is difficult to reach at the end of April, especially now that the bitcoin price has fallen back to the $27k area after rising to the $ 28.7k area. Therefore, let's see in the future how bitcoin price movements will continue to rise or fall back from the current price.

I know the situation on checking the chart of bitcoin, no crypto will move so high as it did since January without finding a support at lower levels. The support may not be deeper but it will give the relieve for it to have stronger power to pump in case it still have the trend. The pump of bitcoin is getting better visibility, it may not test below $20k this year again. The time of the over-bearish condition was last year and it's gone.

[serjent05]

It looks like the current movement of the Bitcoin market made a statement that we are yet to be in a Bull run.  We are still in either accumulation or transition stage.  The current Bitcoin price crash tells that even with the market sentiment these past few days being bullish, the market itself is still at a bearish trend.  The hype and bullish sentiment is not enough to transition the market into a bullish one.  So I think we need to wait for a bit more months, probably on the last quarter or early quarter of 2024 right before the Bitcoin halving event happens.

[STT]

Shame the OP got banned for spam I guess but the plain question was well timed if you consider the macro picture then it was fair.   Since start of this year BTC has done well and it wont always be as easy but I think its a valid call,  my rating is something closer to neutral but I wouldnt confine myself to an annual account exactly.   Some of the 2022 losses will be regained this year which makes it appear much more positive for registering that gain now, a tax year would be another way to view any set of gains or losses or some in crypto would look at BTC by its halvening schedule.
   I wont label it an outright bullrun, I think revision and consolidation is required.   We dont have a clear track to take off on, if this was a plane take off there is still alot of debris from 2022 left over lying in the way.   All this old volume must be met, examined, traded and absorbed into the current meta and old volume, old orders on the books much be handled in the current price.  Somebody out there bought BTC at 40k, held and now wants to sell simple as that and we will match that old seller with a new buyer with varying success.   When enough of that work is done then you are clear to call out a bull run or whatever analogy, imo we are not clear work is ongoing.

[Sayeds56]

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

Based on my analysis, Bitcoin has not yet entered into bullish zone, but  rather is currently trading sideways, within a range of $3000. I hope, there may be a break-out from current level in the near future, which  may potentially push Bitcoin price above $33,000 and if it makes few consecutive green candles above this level, then we could confirm with confidence that it is the beginning of  bullish trend. DYOR

[aryana42]

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

Based on my analysis, Bitcoin has not yet entered into bullish zone, but  rather is currently trading sideways, within a range of $3000. I hope, there may be a break-out from current level in the near future, which  may potentially push Bitcoin price above $33,000 and if it makes few consecutive green candles above this level, then we could confirm with confidence that it is the beginning of  bullish trend. DYOR

If according to your analysis and predictions, we are very close to the bull season because $33k is a price that is not too difficult to achieve. We hit 31k before the correction and were very close to $33k. What about the halving? We are still over a year away from that date, and bitcoin will only enter a bull cycle after the halving takes place.

[Sayeds56]

If according to your analysis and predictions, we are very close to the bull season because $33k is a price that is not too difficult to achieve. We hit 31k before the correction and were very close to $33k. What about the halving? We are still over a year away from that date, and bitcoin will only enter a bull cycle after the halving takes place.

There is no doubt that Bitcoin halving is an important event in crypto space and usually trading activity increase even before this event takes place and consequently prices of Bitcoin rises, however it is not the only factor that influences price. There are other factors those can influence its price, such as market demand, adoption and regulatory development can also have significant impact on Bitcoin price.

[carlisle1]

If according to your analysis and predictions, we are very close to the bull season because $33k is a price that is not too difficult to achieve. We hit 31k before the correction and were very close to $33k. What about the halving? We are still over a year away from that date, and bitcoin will only enter a bull cycle after the halving takes place.

There is no doubt that Bitcoin halving is an important event in crypto space and usually trading activity increase even before this event takes place and consequently prices of Bitcoin rises, however it is not the only factor that influences price. There are other factors those can influence its price, such as market demand, adoption and regulatory development can also have significant impact on Bitcoin price.

Yeah, halving play a good role when it comes to strong rally and, as expected or by experienced we see a good increase or rally
during and after halving.

It's your decision making that will guide you to compensate with your investment if your analysis and assessment is right.

Keep your research continue and learn from each event that happens. It will help you a lot to position yourself and anticipate the market movements.

[dragonvslinux]

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.

I think it's because this term of "bull market" remains very subjective, and purely based on time-frames. Based on Daily time-frames, the market is a bull market. Based on Weekly/Monthly time-frames, this is a bear market relief rally. Even in 2019 when price increased by 4.5x from $3.2K to $14K, to me this was still a bear market relief rally, as price made a lower high below $20K, and fell back to the lows. For sure the 4.5x increase was a bull trend in the short-term, but it ultimately wasn't a bull market that led to a new ATH. Instead it eventually led to a higher low around $4K that effectively ended that bear market and led to a new ATH.

[Epaper]

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.

In the last two days Bitcoin has indeed passed the price of $ 30K, but it is also too early to call it a bullrun even though it could also be a good start for Bitcoin to go bullrun again this year. I also see that the current market conditions have started to improve, especially for Bitcoin and I also hope that good things like now can continue this month without stopping through correction barriers in the market.

Correct. Even though bitcoin has passed the price of $ 30k, that doesn't mean we are in a bullrun phase. Especially after bitcoin had passed the price above $ 30k, it didn't last long and then dropped again to the $ 27k area. Therefore the bullrun phase has not occurred until now.

[aksplace]

Correct. Even though bitcoin has passed the price of $ 30k, that doesn't mean we are in a bullrun phase. Especially after bitcoin had passed the price above $ 30k, it didn't last long and then dropped again to the $ 27k area. Therefore the bullrun phase has not occurred until now.

Based on the market history this year then we can say kirpto market is still bullish as the market price has reached above 80% based on the previous low, the market has broken through $30k in the last few weeks as my previous speculation, don't think too much about this correction low because of the market forecast will be a correction of between $25k-$27k once a $30k recovery is reached. We will be poised to hit the next high once the market correction ends, hoping Q2 can hit the entry high and the prediction for $40k is too close.

[TravelMug]

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.

I think it's because this term of "bull market" remains very subjective, and purely based on time-frames. Based on Daily time-frames, the market is a bull market. Based on Weekly/Monthly time-frames, this is a bear market relief rally. Even in 2019 when price increased by 4.5x from $3.2K to $14K, to me this was still a bear market relief rally, as price made a lower high below $20K, and fell back to the lows. For sure the 4.5x increase was a bull trend in the short-term, but it ultimately wasn't a bull market that led to a new ATH. Instead it eventually led to a higher low around $4K that effectively ended that bear market and led to a new ATH.

Yeah, it's a subjective term, I do agree, it could be the 4 year cycle, or as what you have described, based on timeframes. For us though, the definition is that the price will go on a massive spike, a massive growth like in 2017 or in 2021. So for now, I wouldn't say that we are really in a bull run, this maybe is just a recovery from what, from lowest low of $15,500 to $31k, so that's what we have seen. And now there is some correction to $21k'ish. I guess the bulls is exhausted from the runs in the first 3 months that it can't no longer sustain the rally for now.

[wmaurik]

Correct. Even though bitcoin has passed the price of $ 30k, that doesn't mean we are in a bullrun phase. Especially after bitcoin had passed the price above $ 30k, it didn't last long and then dropped again to the $ 27k area. Therefore the bullrun phase has not occurred until now.

Actually it's not that it hasn't happened yet, but it's more like it's not really worth saying now, because after looking at the Bitcoin market conditions in the past two days, the situation is still not much different from before because the price of Bitcoin is still increasing and correcting in the area of $27K to $30K. Now Bitcoin looks to be starting to pick up again and I think it will also be back towards $30K again this month.

[Mahanton]

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.

I think it's because this term of "bull market" remains very subjective, and purely based on time-frames. Based on Daily time-frames, the market is a bull market. Based on Weekly/Monthly time-frames, this is a bear market relief rally. Even in 2019 when price increased by 4.5x from $3.2K to $14K, to me this was still a bear market relief rally, as price made a lower high below $20K, and fell back to the lows. For sure the 4.5x increase was a bull trend in the short-term, but it ultimately wasn't a bull market that led to a new ATH. Instead it eventually led to a higher low around $4K that effectively ended that bear market and led to a new ATH.

Yeah, it's a subjective term, I do agree, it could be the 4 year cycle, or as what you have described, based on timeframes. For us though, the definition is that the price will go on a massive spike, a massive growth like in 2017 or in 2021. So for now, I wouldn't say that we are really in a bull run, this maybe is just a recovery from what, from lowest low of $15,500 to $31k, so that's what we have seen. And now there is some correction to $21k'ish. I guess the bulls is exhausted from the runs in the first 3 months that it can't no longer sustain the rally for now.

4 year cycle is what most people been keep on eyeing on, on which they are already that anticipating that it would be happening on year 2024 or 2025 Q1 which is something that most people been
waiting for but there are ones who do wait for 2026 on which they do believe that this would really be the start of bull run.Honestly, there's no way that we could be able to point out
on whats the exact dates or moment on when golden bull run would kick in.This is why its really that important that now that we are still in accumulation phase then it would
be better to bag as much as you could specially into those coins who does have the potential.

Correct. Even though bitcoin has passed the price of $ 30k, that doesn't mean we are in a bullrun phase. Especially after bitcoin had passed the price above $ 30k, it didn't last long and then dropped again to the $ 27k area. Therefore the bullrun phase has not occurred until now.

Actually it's not that it hasn't happened yet, but it's more like it's not really worth saying now, because after looking at the Bitcoin market conditions in the past two days, the situation is still not much different from before because the price of Bitcoin is still increasing and correcting in the area of $27K to $30K. Now Bitcoin looks to be starting to pick up again and I think it will also be back towards $30K again this month.

Its just an ordinary day kind of increase and people should really get used to it specially to those who are new still into this market.It cant really be still called as a bull run with having
that kind of increase. We are really that liking to see something which those huge and long green candles that we've seen into those previous bull run market cycle into those previous years.
Now, lets assume out that everything would be happening in next Bitcoin halving event whether before but mostly it would be after.

[Epaper]

Correct. Even though bitcoin has passed the price of $ 30k, that doesn't mean we are in a bullrun phase. Especially after bitcoin had passed the price above $ 30k, it didn't last long and then dropped again to the $ 27k area. Therefore the bullrun phase has not occurred until now.

Based on the market history this year then we can say kirpto market is still bullish as the market price has reached above 80% based on the previous low, the market has broken through $30k in the last few weeks as my previous speculation, don't think too much about this correction low because of the market forecast will be a correction of between $25k-$27k once a $30k recovery is reached. We will be poised to hit the next high once the market correction ends, hoping Q2 can hit the entry high and the prediction for $40k is too close.

Maybe for you the crypto market is in a bullish phase when the bitcoin price penetrated $ 30k the last few weeks, but for me currently the crypto market is not completely in a bullish stage because after the bitcoin price penetrated $ 30k a few weeks ago, but it didn't last long then it came back corrected until now it's still difficult to get back through $30k. However, we hope that in Q2 or Q3 the crypto market will really be in a bullish phase and bitcoin can reach prices above $40k-$50k soon.

[wmaurik]

Maybe for you the crypto market is in a bullish phase when the bitcoin price penetrated $ 30k the last few weeks, but for me currently the crypto market is not completely in a bullish stage because after the bitcoin price penetrated $ 30k a few weeks ago, but it didn't last long then it came back corrected until now it's still difficult to get back through $30k. However, we hope that in Q2 or Q3 the crypto market will really be in a bullish phase and bitcoin can reach prices above $40k-$50k soon.

Q2 for this year is underway and everyone can see how the market conditions have been going where Bitcoin is still constantly dropping in price after only a brief increase. Actually I also hope that the increase can occur more and longer than the price decrease in Bitcoin, because when Bitcoin can increase better, of course market conditions will look better too even though I don't pay attention to the condition of other coins besides Bitcoin, but the main thing is should be expected is a price recovery on Bitcoin so that market conditions can be much better.

[Ani1985]

I think we are still in a bear market, even a few days ago the price dropped again to $ 27k, now the price has reached $ 29k and hope that May can make another surprise, if we are already at $ 40k then we will agree to say a bull run.

[DiMarxist]

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

Bitcoin is recovering and has yet to move into a true bull run. The increase this time seems normal as the price is starting to increase to a higher price, but if this time, the price can immediately increase to $50k or $60k, that's just a real bull run, and it's only a matter of time until the price can exceed the last ATH. But that looks unlikely to happen as the bitcoin price is still underwhelming, and there is more than $47k left to be at $69k.

Who can predict what can happen next in market, but the price is getting step-by-step to bull market. And Keeps your research continue and learn from each event that happens. It will help you a lot to position yourself and anticipate the market movements. Like I said before no one can predict the price of Bitcoin even Satoshi can not predict the price. Holding on to Bitcoin is one of the greatest achievements in the space because it is a leading project in the cryptocurrency market. Keep track of individuals who purchased bitcoin at $16k and  now seeing bullish price movements to $25k or $30 the amount of money they have made an overwhelm and Important.

[RewFrew]

Actually it is very difficult to say. But we can count $15k to $16$ was bottom price For Bitcoin. Now Bitcoin price $29k so we can told price gradually increasing. And it is sign for bull market. If continue this price increasing process more few days then we can easily count as a bull market. But crypto currency market always unpredictable so we have to always ready for all situation even market crash.