Bitcoin Supercycle?

[mamesso]

Is it possible to have a bull run for the next couple of years? I mean more people and companies start using bitcoin often and knowing there's a limited supply of it, the demand for the crypto will go up eventually. Do you think it's possible considering inflation and our global economy today? I know its a very volatile asset but what do you think?

Yes it's possible for sure. I have realised one thing in crypto market nothing is impossible bitcoin going to below 10k is also possible in this scenario and bitcoin touching another ATH is also possible in this scenario. I say this because bitcoin has it's halving due next year and it has a history of reaching a new ATH in the year next to it's halving year, so who know bitcoin might be on another supercycle in just another 2 years.

If this scenario occurs, many things can be done in preparation for next year's halving. This means that in 2023 Bitcoin has the potential to enter a saturation phase of the price decline that has occurred since early 2022 and then has the potential to be followed by a period of correction as a sign of welcoming the halving in 2024. Usually, before this scenario occurs, there will be a price adjustment towards the halving after which it will be followed by a bullrun. Ideally it needs careful preparation to accumulate before the Bitcoin price is in another super cycle.

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[bettercrypto]

Is it possible to have a bull run for the next couple of years? I mean more people and companies start using bitcoin often and knowing there's a limited supply of it, the demand for the crypto will go up eventually. Do you think it's possible considering inflation and our global economy today? I know its a very volatile asset but what do you think?

The bull run for bitcoin happens every four years, so if the bull run happens next year, most people expect it to be after 4 years again and it will happen again in 2028 for sure.

        But anyway, since bitcoin is very volatile, no one can say yet if after bitcoin halving in 2024, just 2 years later, the value of bitcoin will suddenly kick, who knows, right? But of course we will still look at the demand and behavior of traders during those times.

[Wend]

Is it possible to have a bull run for the next couple of years? I mean more people and companies start using bitcoin often and knowing there's a limited supply of it, the demand for the crypto will go up eventually. Do you think it's possible considering inflation and our global economy today? I know its a very volatile asset but what do you think?

of course there is. not only me, many people believe that in 2024 when the bitcoin halving will be a bull run momentum and it is predicted that at that time the price of Bitcoin could pass its ATH. you don't need to worry that there won't be a bull run in the next few years, because it will definitely happen. The point is you are sure and keep holding your bitcoins and if you can continue to increase the number of your holdings, your investment will surely bear sweet fruit.

If what the OP and everyone are discussing is just a regular bull run, I think it's almost inevitable. Many people will tell me nothing is certain in this market, but that is my optimism as I rely on what bitcoin has shown us historically. But what about predicting a super cycle, an unprecedented bull run? I also believe it will happen if the world economy enters a new growth phase after the inflationary period.

[Haunebu]

Bull-runs will continue happening on a regular basis op just like corrections. They are basically the Yin and Yang of BTC. History has proven whatever I stated.

BTC turns bullish or bearish with/without reason which is why it's considered one of the most volatile assets and this is why it's a risky investment. Invest only what you are willing to lose without any regrets.

[TheGreatPython]

Bull run will come even if we like it or not, it is because bitcoin is not stable price will up and sometimes down because there are investors that come and go and i believe that in the near future its user will rise drastically because of its amazing features and uses, in my country there are stores that accept crypto as payment it is truly amazing.

If someone in your place already wants to accept crypto as payment for goods at their shop, that's definitely an extraordinary thing because not many countries have adopted crypto so there are still many shops that don't want to accept payments via crypto. A close example is where I am where I still have to constantly rely on fiat when I want to shop for anything because there are no shops here that accept crypto as payment.

So what you're experiencing there is clearly a very good thing because with a store willing to accept crypto as payment, of course it will make people start to be interested in crypto and try to get to know Bitcoin further and have the intention to own it because it can already be used for buying goods in stores even though they are still only in certain shops.

That's a positive thing and it is not available in a lot of countries at this time, and we will still need to go pretty far to see that happening all around. Bitcoin is still in the adoption process and there is still a lot of time for it to complete mainstream adoption levels after which it will be widely accepted by merchants all around the globe.

Until then, it will mainly be used as an investment asset where people might be interested in buying and storing it only to gain profits over time but not because they want to use it as a payment method or to pay for goods and services.

[axxo]

It is possible for Bitcoin to experience a bull run in the next couple of years, as more people and companies continue to adopt and use it. The limited supply of Bitcoin, combined with increased demand, could certainly drive up its value. It is important to keep in mind that bitcoin is a highly volatile asset and its price can be affected by a variety of factors, including global economic conditions and inflation. While inflation can certainly impact the value of bitcoin, it's worth noting that the crypto currency was designed to be a deflationary asset. This means that its supply is limited and is programmed to decrease over time. As a result some investors see Bitcoin as a hedge against inflation, as its value may increase as traditional currencies lose purchasing power. Predicting the future price of Bitcoin is difficult and subject to a wide range of variables. While it's possible that Bitcoin could experience a bull run in the next few years, it's important to approach investing in cryptocurrencies with caution and to do your own research before making any decisions.