Are we now on Crypto bull run?

[JoyMarsha]

We can't say it's a bull run for now, you're right. I think Bitcoin will stay in these price ranges until the end of the year. It can move in a horizontal line. There is a lot of positive and negative news, but bitcoin is not as responsive as it used to be. Maybe it is possible that the bull run will start at this time of next year. These are just guesses. But I can say that it provides a good basis for bitcoin's price at these levels.

By the end of the year, I don't think bitcoin will be able to maintain its current price range of $30k–$31k. As the year ''2023'' comes to a finish, it is assumed that its price would rise to $40k.

The bull run is expected to begin after months of halving in the following year, which may likely push toward end of next year to 2025. Within this third quarter of this year, we will observe and experience correlated market prices for bitcoin. This would make it possible for many crypto investors to keep utilizing the DCA strategy to extract returns from their bitcoin investments till the bull run starts 

[Ricardo11]

No, we are not on a crypto bull run at right now. Because the price of Bitcoin has been around 30k for quite meny time and this 30k cannot break any way. Rather it is going down. Howover we are not on a crypto bull run now but we are going to see a big crypto bull run after some time. So that 30k not 40k not 50k not, it like 100k will break the level and create a very big ATH.

[wmaurik]

No, we are not on a crypto bull run at right now. Because the price of Bitcoin has been around 30k for quite meny time and this 30k cannot break any way. Rather it is going down. Howover we are not on a crypto bull run now but we are going to see a big crypto bull run after some time. So that 30k not 40k not 50k not, it like 100k will break the level and create a very big ATH.

If calculated more precisely, Bitcoin was not long around $30K, because the range was only a few months of this year and by now you and everyone have also seen that Bitcoin has returned to $26K. But I am more confident that a big increase can occur within this year in Bitcoin, the $30K range may be crossed to close to $40K, because if it only increases to reach $30K again, I consider it a very normal increase in Bitcoin because it was previously in that range.

[uswa56]

No, we are not on a crypto bull run at right now. Because the price of Bitcoin has been around 30k for quite meny time and this 30k cannot break any way. Rather it is going down. Howover we are not on a crypto bull run now but we are going to see a big crypto bull run after some time. So that 30k not 40k not 50k not, it like 100k will break the level and create a very big ATH.

If calculated more precisely, Bitcoin was not long around $30K, because the range was only a few months of this year and by now you and everyone have also seen that Bitcoin has returned to $26K. But I am more confident that a big increase can occur within this year in Bitcoin, the $30K range may be crossed to close to $40K, because if it only increases to reach $30K again, I consider it a very normal increase in Bitcoin because it was previously in that range.

But what has happened throughout this year is that the price of Bitcoin has always increased to 30k after experiencing a correction and I think the price of 30k is a stable price for this year.
Right now it's doing a slow correction but I think it will recover and get back to a price close to 30k, I'm not sure we're going to go much further this year.

[wmaurik]

But what has happened throughout this year is that the price of Bitcoin has always increased to 30k after experiencing a correction and I think the price of 30k is a stable price for this year.
Right now it's doing a slow correction but I think it will recover and get back to a price close to 30k, I'm not sure we're going to go much further this year.

Today there was a price bounce which probably surprised me a bit as Bitcoin rose from around $26K to over $27K in the market in just a short time. So I'm also pretty sure that within this year Bitcoin will still be able to reach $30K and even more than that even though it won't be too far because this year only leaves about four months left before entering 2024.

[rhomelmabini]

But what has happened throughout this year is that the price of Bitcoin has always increased to 30k after experiencing a correction and I think the price of 30k is a stable price for this year.
Right now it's doing a slow correction but I think it will recover and get back to a price close to 30k, I'm not sure we're going to go much further this year.

Today there was a price bounce which probably surprised me a bit as Bitcoin rose from around $26K to over $27K in the market in just a short time. So I'm also pretty sure that within this year Bitcoin will still be able to reach $30K and even more than that even though it won't be too far because this year only leaves about four months left before entering 2024.

The win with Grayscale on the SEC lawsuit isn't that bullish at all considering they can still deny the spot ETF if they will file for it again. What needs cleansing is the SEC internally and that for sure will be the best win we can have in this space. Historically, September isn't the best month for Bitcoin but I think if BlackRock gets an approval as well that would really be a turning point.

[milewilda]

But what has happened throughout this year is that the price of Bitcoin has always increased to 30k after experiencing a correction and I think the price of 30k is a stable price for this year.
Right now it's doing a slow correction but I think it will recover and get back to a price close to 30k, I'm not sure we're going to go much further this year.

Today there was a price bounce which probably surprised me a bit as Bitcoin rose from around $26K to over $27K in the market in just a short time. So I'm also pretty sure that within this year Bitcoin will still be able to reach $30K and even more than that even though it won't be too far because this year only leaves about four months left before entering 2024.

-

The win with Grayscale on the SEC lawsuit isn't that bullish at all considering they can still deny the spot ETF if they will file for it again. What needs cleansing is the SEC internally and that for sure will be the best win we can have in this space. Historically, September isn't the best month for Bitcoin but I think if BlackRock gets an approval as well that would really be a turning point.

Despite on having that totally considered to be a bullish sentiment if do really look indepth into but we know that once a positive news or fundamental would always remain to be positive and could neither make some positive impact on the market price or not. Right now, on the time that i had seen that bitcoins price shoot up almost +2k then i did make out some research right away on whats the news and find out this one which i could say that this is just an another normal day on crypto space on which these news and sentiments could neither give impact or not. We've seen any lawsuit related kind of news does really give out effect on which its not shocking anymore. Good thing for those who do make out some long position on futures which assuming out that the price hits up bottom when it do able to reach out 25k. The question now is, is there would be another set or batch of news which would be a good catalyst on pushing up the price further on 30k? No one really knows because i do always assume out that there would really be some follow up negative ones which it is really just that a
common pump and dump scenario which those big players who do really love on playing with those market volatility. Its not really that bad if you could really be able to ride with those waves though.

[gunhell16]

Obviously, if we look at the market today, we are still in a downtrend scenario. There are many things to consider in order to place the market in an uptrend, and that will depend on what happens to Bitcoin or cryptocurrency investors and the news that will come about it.

In addition to that, the bounce is not enough to recover and change position towards the uptrend. Due to the volatility of the market today, it is still very difficult to determine whether it will kick strongly or not, so let's see and watch while we hold the bitcoins we have.

[Minor Miner]

But what has happened throughout this year is that the price of Bitcoin has always increased to 30k after experiencing a correction and I think the price of 30k is a stable price for this year.
Right now it's doing a slow correction but I think it will recover and get back to a price close to 30k, I'm not sure we're going to go much further this year.

Today there was a price bounce which probably surprised me a bit as Bitcoin rose from around $26K to over $27K in the market in just a short time. So I'm also pretty sure that within this year Bitcoin will still be able to reach $30K and even more than that even though it won't be too far because this year only leaves about four months left before entering 2024.

The win with Grayscale on the SEC lawsuit isn't that bullish at all considering they can still deny the spot ETF if they will file for it again. What needs cleansing is the SEC internally and that for sure will be the best win we can have in this space. Historically, September isn't the best month for Bitcoin but I think if BlackRock gets an approval as well that would really be a turning point.

It was an important victory for us. Of course, the SEC can still reject the ETFs, but the problem will be more difficult for them if they continue to reject it without a good reason, I think the SEC will not want to anger the jury. In my opinion, it is only a matter of time before the ETF is approved, they cannot delay it forever without a good reason. But getting an ETF approved this year is not easy. I think they will find a way to prolong it and will only accept it when the time is right.

[wmaurik]

The win with Grayscale on the SEC lawsuit isn't that bullish at all considering they can still deny the spot ETF if they will file for it again. What needs cleansing is the SEC internally and that for sure will be the best win we can have in this space. Historically, September isn't the best month for Bitcoin but I think if BlackRock gets an approval as well that would really be a turning point.

It turns out that there is still drama that could occur around the SEC and also internally related to Bitcoin at this time, I can't stop thinking about this because in fact I am expecting a more significant price increase in Bitcoin at the end of this year and it turns out that on the other hand we all have to hopes that BlackRock can get that approval also this year so that it can have an impact on a bigger pump in Bitcoin before the year ends.

[yohananaomi]

Obviously, if we look at the market today, we are still in a downtrend scenario. There are many things to consider in order to place the market in an uptrend, and that will depend on what happens to Bitcoin or cryptocurrency investors and the news that will come about it.

In addition to that, the bounce is not enough to recover and change position towards the uptrend. Due to the volatility of the market today, it is still very difficult to determine whether it will kick strongly or not, so let's see and watch while we hold the bitcoins we have.

It seems that there are no signs of a very significant change; the market is still not improving because there is a lot of dependence on the world economy, which has not yet recovered evenly, resulting in reduced purchasing power, which also has an indirect impact on crypto.It is clear that investors will continue to wait patiently for market developments from time to time. If it corrects again, of course many will buy, and that will have a positive impact.because there will be many who will buy back and, after that, hold and wait for the market to improve and increase to be able to sell to get a profit according to the goals they want to achieve.Agreed, we will continue to wait for developments in the next few months; hopefully the correction will reflect the improvement.

[Asuspawer09]

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

Right now around September we dont really see a lot of movement in the market and I really doubt it since September wasn't really a good month for cryptocurrency in the past years, I think we are surely gonna sustain around this market price, 15k was surely has a very low chance to drop that low considering the cryptocurrency and Bitcoin adaptation to a lot of countries I dont think we can still drop that low, Probably 20k$ was still possible.

For sure we are still on the Bear market considering the All time-high market price was around 70k$ so there is still a lot of room for the price of Bitcoin to increase up to 70k$ we could easily reach and surpass this market price because the cryptocurrency adaptation, In my opinion, it is possible that the Bull run is going to be around mid-2024 - 2025 after the Bitcoin halving event we surely could see a bit of movement before the Bitcoin halving because it could easily attract a lot of investors like what happened in the past if we are near the event, then after that it is going to drop down a few percentage, then somewhere after the Bitcoin halving event we could expect the Bullrun and that's the time that we could possible reach the 100k$.

[bayu7adi]

[...] it could easily attract a lot of investors like what happened in the past if we are near the event, then after that it is going to drop down a few percentage, then somewhere after the Bitcoin halving event we could expect the Bullrun and that's the time that we could possible reach the 100k$.

Retail investors often find themselves ensnared by news events, in contrast to institutional investors who possess the power to influence candlestick movements. The significant impact remains under the control of asset holders with substantial quantities and those with media access to manipulate public emotions.

Indeed, the halving event can trigger a sharp price increase, but we must remain vigilant as it is not guaranteed by any robust foundation. Market trends could potentially diverge or not align with the expectations of the majority of speculators, a scenario that frequently materializes. I will continue to hope for a bull run in the market after the halving, but I will also exercise caution regarding the worst-case scenario that could potentially unfold, ensuring the safety of my finances.

[woez]

Right now around September we dont really see a lot of movement in the market and I really doubt it since September wasn't really a good month for cryptocurrency in the past years, I think we are surely gonna sustain around this market price, 15k was surely has a very low chance to drop that low considering the cryptocurrency and Bitcoin adaptation to a lot of countries I dont think we can still drop that low, Probably 20k$ was still possible.

For sure we are still on the Bear market considering the All time-high market price was around 70k$ so there is still a lot of room for the price of Bitcoin to increase up to 70k$ we could easily reach and surpass this market price because the cryptocurrency adaptation, In my opinion, it is possible that the Bull run is going to be around mid-2024 - 2025 after the Bitcoin halving event we surely could see a bit of movement before the Bitcoin halving because it could easily attract a lot of investors like what happened in the past if we are near the event, then after that it is going to drop down a few percentage, then somewhere after the Bitcoin halving event we could expect the Bullrun and that's the time that we could possible reach the 100k$.

I think that after the halving, the BTC price will not go up immediately but will still go sideways at first. This refers to LTC's experience some time ago and this can be used as a reference but is not the absolute answer. But, the main thing is that investors and others are optimistic because the moment they have been waiting for has begun.

[JoyMarsha]

Obviously, if we look at the market today, we are still in a downtrend scenario. There are many things to consider in order to place the market in an uptrend, and that will depend on what happens to Bitcoin or cryptocurrency investors and the news that will come about it.

In addition to that, the bounce is not enough to recover and change position towards the uptrend. Due to the volatility of the market today, it is still very difficult to determine whether it will kick strongly or not, so let's see and watch while we hold the bitcoins we have.

The majority of crypto investors had no other option than ultimately be hodling and accumulating bitcoin throughout this downtrend movement of bitcoin price since it appears that our predicted price of bitcoin, which we expected to be at least around $35k–40k towards the end of the year, will not be achievable this year. It will be in the same way a thoughtful idea for us to use a DCA method throughout this downtrend movement of bitcoin price until the green candlelight starts

[$crypto$]

[...] it could easily attract a lot of investors like what happened in the past if we are near the event, then after that it is going to drop down a few percentage, then somewhere after the Bitcoin halving event we could expect the Bullrun and that's the time that we could possible reach the 100k$.

Retail investors often find themselves ensnared by news events, in contrast to institutional investors who possess the power to influence candlestick movements. The significant impact remains under the control of asset holders with substantial quantities and those with media access to manipulate public emotions.

Indeed, the halving event can trigger a sharp price increase, but we must remain vigilant as it is not guaranteed by any robust foundation. Market trends could potentially diverge or not align with the expectations of the majority of speculators, a scenario that frequently materializes. I will continue to hope for a bull run in the market after the halving, but I will also exercise caution regarding the worst-case scenario that could potentially unfold, ensuring the safety of my finances.

Retail investors will definitely see what happens with the news on social media especially in FOMO is likely to affect their emotions after seeing some fud coming made by the whales to manipulate prices to buy at low prices while retailers sell in urgency and panic.

They believe the halving event will go up because they see the previous history although there is no strong foundation what happens in the future will be the same or not, but still many people believe including myself with the next halving will trigger the bullish coming.
Regarding negative or positive market trends, it will always come, we must be wise to draw conclusions, especially when taking decent profits.

[YUriy1991]

Retail investors will definitely see what happens with the news on social media especially in FOMO is likely to affect their emotions after seeing some fud coming made by the whales to manipulate prices to buy at low prices while retailers sell in urgency and panic.

They believe the halving event will go up because they see the previous history although there is no strong foundation what happens in the future will be the same or not, but still many people believe including myself with the next halving will trigger the bullish coming.
Regarding negative or positive market trends, it will always come, we must be wise to draw conclusions, especially when taking decent profits.

that's why Potential buyers should be wary of something like this and Traditional investors still view bitcoin as opaque and highly speculative with the potential for collapse.

Yes. It's true, indirectly many holders can't stand it and get emotional so they easily give up some of their BTC holdings.

[jasonjm]

I think that after the halving, the BTC price will not go up immediately but will still go sideways at first. This refers to LTC's experience some time ago and this can be used as a reference but is not the absolute answer. But, the main thing is that investors and others are optimistic because the moment they have been waiting for has begun.

It has been observed in the past that the BTC price increased slightly after 3 months of halving. Major price hike occurs after 12 to 18 months of having. After the 2024 halving event, we will see the same trends repeating, but this time, because of institutional investors, I think we might see a pump to the new ATH a bit sooner than we previously observed. But before that, the chances are that the market will dip in the coming months.

The majority of crypto investors had no other option than ultimately be hodling and accumulating bitcoin throughout this downtrend movement of bitcoin price since it appears that our predicted price of bitcoin, which we expected to be at least around $35k–40k towards the end of the year, will not be achievable this year. It will be in the same way a thoughtful idea for us to use a DCA method throughout this downtrend movement of bitcoin price until the green candlelight starts

Holding is the ultimate option for every crypto investor. At the moment, the $35k-$40k level seems far-fetched. The predictions are that the BTC price will not go past $30k, and we might see a dip below $20k before 2024 halving.

[wmaurik]

I think that after the halving, the BTC price will not go up immediately but will still go sideways at first. This refers to LTC's experience some time ago and this can be used as a reference but is not the absolute answer. But, the main thing is that investors and others are optimistic because the moment they have been waiting for has begun.

How do you use references to altcoins like LTC to use as a reference for Bitcoin in terms of price changes? Because I think Bitcoin and any altcoin have very different movements in the market, so in my opinion this reference is still not suitable as a reference because Bitcoin always moves differently from other cryptocurrencies in the market.

It has been observed in the past that the BTC price increased slightly after 3 months of halving. Major price hike occurs after 12 to 18 months of having. After the 2024 halving event, we will see the same trends repeating, but this time, because of institutional investors, I think we might see a pump to the new ATH a bit sooner than we previously observed. But before that, the chances are that the market will dip in the coming months.

I don't think that ATH will be seen any faster after the next halving is over, but it could happen if there are many investors who would be very happy to continue buying Bitcoin in large quantities. Because the encouragement from buying will have a greater effect on increasing the price of Bitcoin in the market when the next halving is over.

Holding is the ultimate option for every crypto investor. At the moment, the $35k-$40k level seems far-fetched. The predictions are that the BTC price will not go past $30k, and we might see a dip below $20k before 2024 halving.

I think $30K is a reasonable price to expect this year for everyone, but I think a price drop below $20K could also be very difficult if market conditions remain as they are now. Because you can see how Bitcoin is moving from $26K to $27K slowly and that could give Bitcoin some resistance to get to $30K before the halving occurs next year.

[Out of mind]

No, we are not on a crypto bull run at right now. Because the price of Bitcoin has been around 30k for quite meny time and this 30k cannot break any way. Rather it is going down. Howover we are not on a crypto bull run now but we are going to see a big crypto bull run after some time. So that 30k not 40k not 50k not, it like 100k will break the level and create a very big ATH.

Although we are not in a bull run at the moment, we can expect to be in this state very soon. The price of Bitcoin has not increased much this year but has remained stable. As we have noticed that Bitcoin has not been able to go above $30,000 in this new year, but it has always gone down and back to that position. We won't compare BTC to a bull run until we see a change in the Bitcoin market. Since we have a big halving ahead of us, we are trying to expect big things from Bitcoin. We are not in a bull run now, but we will see a bull run very soon, when the bitcoin halving happens. When the market starts bullish, Bitcoin will break all its past records and make new history when the price of Bitcoin will exceed $100,000.