Yaunfitda
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May 05, 2023, 11:34:48 AM |
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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.
It's not a gradual increased though, November last year it was $15,500 as you have said, and it could be the bottom. And then April we've seen $31k, so that nearly double the bottom price. But even if we see $31k or even higher at the end of this year, this is not yet a full blown bull run. It's that the market just recovered from the worst year of 2022 with black swan events such as the FTX and Terra Luna collapse. The real bull market is when we see the price really go on parabolic rise and ended up with a new all time high and this could only happen after the bitcoin block halving.
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wmaurik
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May 10, 2023, 09:23:34 AM |
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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.
The recovery of the Bitcoin price from last year's lowest price to this year has indeed looked significant, but I still can't say this is a bull market because you yourself can still see the level of correction that is still happening in Bitcoin. Even today everyone has seen and witnessed for themselves that Bitcoin has returned to the level of $27K in the market, so it is too early to call it a bull market because Bitcoin still needs further recovery in this month at a higher percentage rate
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Freddie Boyer
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May 10, 2023, 09:34:43 AM |
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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.
Yes. Correct. Every Coin/token needs a support level to continue its bullish trend, it is also important to consider other factors that influence market behavior. The crypto market is unstable and can move unpredictably. Recent trends show that Bitcoin is recovering from previous lows and has been performing better. However, it is important to remember that markets can change at any time, and whether we are investors or not, we must always weigh the risks and today is still wednesday but if today is friday it will be even worse the correction could be to the price of $19K. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) .
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carlfebz2
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May 11, 2023, 10:35:17 PM |
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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.
Yes. Correct. Every Coin/token needs a support level to continue its bullish trend, it is also important to consider other factors that influence market behavior. The crypto market is unstable and can move unpredictably. Recent trends show that Bitcoin is recovering from previous lows and has been performing better. However, it is important to remember that markets can change at any time, and whether we are investors or not, we must always weigh the risks and today is still wednesday but if today is friday it will be even worse the correction could be to the price of $19K. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . Basing up on technicals then it is really that forming that new Lower low as of this moment which it would really be able to break out if ever we would be going below 26k and might be going down into 25k, but it seems the price isnt really that going that low basing up on the price behavior on which price decrease increments arent really that severe for us to assume that 25k would be soon to be seen.In regarding about Crypto bull run, then its not really that the right time on presuming that this is already happening considering that we are still 1 year far on the halving event which i could say that it would really be that right time for us to consider whether its happening or not but still we are far away. Usually bull run kicks in with these time gaps whether month early on halving event or would really be after the event which it do usually kicks in,but honestly which no one really knows on what would happen in the future.This is why accumulating Bitcoin into these years are still worth to be done so. This is why dont really waste up the time and opportunity on doing so.
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wmaurik
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May 12, 2023, 03:05:58 PM |
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Yes. Correct. Every Coin/token needs a support level to continue its bullish trend, it is also important to consider other factors that influence market behavior. The crypto market is unstable and can move unpredictably. Recent trends show that Bitcoin is recovering from previous lows and has been performing better. However, it is important to remember that markets can change at any time, and whether we are investors or not, we must always weigh the risks and today is still wednesday but if today is friday it will be even worse the correction could be to the price of $19K. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . I still don't think that the correction will occur in depth to the $19K price level in the near future, because Bitcoin's good performance has not disappeared so it can still appear unexpectedly in the near future. And I hope that for now Bitcoin can move sideways in order to have stronger support for the next pump, because a slow but steady price drop is still a very normal thing in the market although there are some people who are starting to think that a price drop now is not a thing normal.
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Franctoshi
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May 12, 2023, 04:47:48 PM |
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I still don't think that the correction will occur in depth to the $19K price level in the near future, because Bitcoin's good performance has not disappeared so it can still appear unexpectedly in the near future. And I hope that for now Bitcoin can move sideways in order to have stronger support for the next pump, because a slow but steady price drop is still a very normal thing in the market although there are some people who are starting to think that a price drop now is not a thing normal.
Though the month of may have not seem good for Bitcoin, However I don't either expect $19k price for Bitcoin too, if we do get a further correction from here, the Bitcoin Chart is in an ABC type of corrective move , We've tested the $19k zone and it won't make sense if we start breaking market structures downwards ,I believe the price should respect important key levels if we are moving higher because the trend is your friend until finished, I do think the worst case scenario we go is $23k-$21k.
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yohananaomi
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May 15, 2023, 04:43:37 AM |
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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.
since the beginning of the year, bitcoin has continued to increase quite significantly, but still it cannot be said to be a bullish phase because it did not take long for it to experience another correction, until now. if you think Q2 and Q3 there will be changes to enter the bullish phase, but according to my prediction there won't be that this year, instead it will be in a stagnant situation because it is approaching the era of the halving period next year so there may always be unexpected changes, it must be remembered also that the world economic crisis has not improved this is an indicator for bitcoin as well.
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Kadal Ijo
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May 17, 2023, 03:54:51 AM |
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In January when the price can go up more than 40% makes me optimistic that the bull run will happen soon and the peak is in march because the price can touch $ 30k, and more and more makes me sure the bull run will happen soon, unfortunately the price decreases in April and falls again in under $30k, and may not see any good moves so the bull run hasn't happened yet.
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Wong Gendheng
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May 23, 2023, 08:05:54 AM |
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Many people hope the bull run will happen soon, unfortunately when the bull run they do not buy more when the price is cheap, the mistake of many people is not dare to buy so regret when the bull run, it is better to immediately buy as much as we can, I suggest only buying the money available In the bag, don't sell assets to buy bitcoin because if the price of drops will make us regret.
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wmaurik
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May 25, 2023, 03:48:31 PM |
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Many people hope the bull run will happen soon, unfortunately when the bull run they do not buy more when the price is cheap, the mistake of many people is not dare to buy so regret when the bull run, it is better to immediately buy as much as we can, I suggest only buying the money available In the bag, don't sell assets to buy bitcoin because if the price of drops will make us regret.
Have you done any research on it to say other people are afraid to buy when the price is low? Because cheap and high prices depend on the thinking of everyone who sees it in the market, and as long as there is still trading in the market when prices are low, that means that there are still many people who dare to buy when prices are low. So don't say that many people don't dare to buy when the price is cheap, while trading still exists at any price in the market.
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Epaper
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May 26, 2023, 03:25:32 PM |
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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. Correct. Indeed, we hope that there will be more increases in the price of bitcoin, but it seems difficult to happen in Q2 especially if we see that the market conditions have not looked better lately. Therefore, hopefully in Q3 this year there will be a recovery in the bitcoin price so that market conditions can be much better and investors are excited to invest in crypto again.
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lkjhg
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May 26, 2023, 05:02:07 PM |
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Are we now on crypto bull run or this yet to be go down futher more down than 15500?
yes, we are already in a bull run. This can be seen from the price action of Bitcoin which is able to stay above $20k and is now at $27k. Of course, if you can break out from $30k, then Q3 will definitely be very good to start bullish and maybe $50k is the first target before correction again.
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Wong Gendheng
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May 29, 2023, 01:51:02 PM |
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Surely it is still difficult to say now it's bull run or not, but in my opinion we are still in the bear market, it looks price in March which reaches $ 30k and continues to decline and has not been able to touch $ 30k again, in my opinion if the price can reach at least $ 45k then We deserve to say bull run has happened.
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wmaurik
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June 01, 2023, 09:19:56 PM |
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Correct. Indeed, we hope that there will be more increases in the price of bitcoin, but it seems difficult to happen in Q2 especially if we see that the market conditions have not looked better lately. Therefore, hopefully in Q3 this year there will be a recovery in the bitcoin price so that market conditions can be much better and investors are excited to invest in crypto again.
The second quarter of this year hasn't ended yet, so it's still not effective if we have to conclude it now in terms of an increase in the price of Bitcoin, because price fluctuations in Bitcoin have still occurred in the last week so that the enthusiasm of investors to continue investing in Bitcoin must still be very much. So you don't need to worry about price increases as long as there is ongoing demand for Bitcoin, because that's what makes prices not stay in the lower area forever.
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Bitcoin2009
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June 03, 2023, 03:20:52 PM |
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I think we are still not in the bull run, sometimes the price drops significantly and often worries us, but we have a good hope that the bull run will happen at the end of the year or in about 3 months, the best advice from experts is to buy now before we regret it.
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19Nov16
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June 06, 2023, 07:40:59 AM |
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I was surprised today because the market dropped significantly, the price of bitcoin dropped more than 4% and the price of BNB dropped more than 8%, this proves that we are still in the red zone or bear market, as investors, of course, this must be seen on the positive side, namely buying a lot before the price skyrocketed.
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Wend
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June 06, 2023, 08:57:02 AM |
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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.
I also think it's hard to say because, according to some, a bull market means bitcoin will make a new ATH, and that usually only happens after the halving, it never happens before the halving. But if you consider the time when bitcoin went from $17k to $30k, that's also a significant increase, and almost double the return for many investors. So to say it's not a bull market is not entirely accurate.
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Aliem Nur
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June 06, 2023, 09:16:20 AM |
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Judging from the current state of the market we are still not in Bullrun, the crypto market collapsed yesterday until now and this indicates that the bears are still dominating the market, yes we are still given the opportunity to buy Bitcoin at low prices, so start accumulation and hold until bullish season come to us.
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ancafe
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June 06, 2023, 11:28:46 AM |
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I think we are still not in the bull run, sometimes the price drops significantly and often worries us, but we have a good hope that the bull run will happen at the end of the year or in about 3 months, the best advice from experts is to buy now before we regret it.
It is very difficult to predict the direction of movement of bitcoin, whether it will continue to correct or vice versa will strengthen in the next few days, otherwise the previous contradictory market has put bitcoin at $ 25K. We also don't know for sure how the price will move in the next period, so significantly it's a good move to enter the market, at least to do the accumulation of adjustable buys. Opportunities must be maximized because we don't want to be left behind in a future bull market and if at this time we cannot make the right decision then the best opportunity will be lost. There's no need to worry too much and that's how bitcoin volatility happens a lot, prices can go up and down unpredictably and there are always good moments for a recovery. It is still possible to wait or analyze the market, but don't take too long to make a decision before the market returns to a greener path going forward.
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wmaurik
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June 08, 2023, 08:56:19 PM |
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Judging from the current state of the market we are still not in Bullrun, the crypto market collapsed yesterday until now and this indicates that the bears are still dominating the market, yes we are still given the opportunity to buy Bitcoin at low prices, so start accumulation and hold until bullish season come to us.
In my view actually these two things are still not dominating now, because when you look at the collapse in Bitcoin prices that have occurred in the last three days. This didn't last long for Bitcoin because one day after the collapse occurred, Bitcoin could immediately increase again, although it was still in a price range that was not much different from the price that occurred at the beginning of this month. So both (Bear and Bull) are still not dominating the market now.
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