Why does It takes time for market to be bull

[Obito]

Because there's a correction and there's no way a market exist that continuously goes up, not to mention that kind of market is not sustainable given that it will not attract new people, it gets more expensive to get in as time goes by, you don't know how many people are grateful that the prices are going down so they can get in at a cheaper price.

[HONDACD125]

I have been wondering why does it take so much time for bitcoin price to bull and whenever it try's coming up it takes just some few hours or days to drop drastically or changes in percentage.
Does this means bitcoin can not maintain bull sign for about 7 months or 1 year straight up without having to change and show bear signs?

Bitcoin never goes up continuously,The previous bear season also lasted about 390 days.This time due to bad news in the market, every time bitcoin tries to go up some bad news brings it back down.Second, Bitcoin will never see you heading to the bull market within days.And it never happened like  last season or the season before that.A few months ago you might have seen Bitcoin at 16k.Now you've seen Bitcoin at $30,000.And maybe Bitcoin will come back to $25k .And this cycle will go up and down in the same way towards the bull market. Secondly, investment in Bitcoin is a patient task. Here in some days you can't get output,Here people have to wait for months and sometimes years. And it is a cycle that is completed in its own time.

[kawetsriyanto]

The nature of bitcoin is volatile and over time the value of bitcoin will increase.  You may see $68k bitcoin hit but 10 years from now you'll probably see $680k bitcoin.  This does not mean that bitcoin will maintain a continuous uptrend for 7 months or an entire year.  Bitcoin's free market is completely different from something as easily manipulated as stocks.  Lol, generally volatility is forced and price increases will come with the economic cycle or bitcoin cycle.

Not sure Bitcoin will hit $680k or not in the next 10 years but I'm sure Bitcoin will continue to increase whenever there is a new bullrun season. We can take a look at the price history of Bitcoin, its ATH increases from one bullrun season to another bullrun season. However, it is impossible if Bitcoin always increases the whole time, it should have a drop and a raise trend. The demand never stables, sometimes there are big demands but sometimes there are low demands. No one can control the demand, so it is almost impossible to see Bitcoin increase every time.

In the Bitcoin market, manipulation exists. But it won't give a long-term impact, usually the impact will be temporary. 

[ultrloa]

I have been wondering why does it take so much time for bitcoin price to bull and whenever it try's coming up it takes just some few hours or days to drop drastically or changes in percentage.
Does this means bitcoin can not maintain bull sign for about 7 months or 1 year straight up without having to change and show bear signs?
Can someone explain this to me i am curious to know, and if this question already ask please ref me topic to read so i can lock this?

Thank you.

Because sometimes market has driven out by fear. Those fuds spread by some certain institutions are use to manipulate the mind of the people to get afraid and that's stopping certain situation for bitcoin to create continuous demand. After big tragic events which affect a lot it really takes time for the market to recover because demands is not quietly surging at that moment.

But you can notice once halving nearly came you can see people to starting up to hold since many are expecting that there's great thing to happen and halving is triggering factor to activate the bullish season on bitcoin and other crypto.

[Wiwo]

That is the volatility in Bitcoin market price, and the fact that Bitcoin is an unstable asset and it answers to the forces of demand and supply sometimes also news and mainstream speculations also affect Bitcoin price in whatever direction. Bitcoin has also made a lot of traction in the past and even though Bitcoin price slide up and down at frequent levels, it's still a fact that whenever the price of Bitcoin moves in one direction for a while, it will also make opposite corrections.

If you have followed bitcoin price for a while you will already notice that with bitcoin, this is why bitcoin is regarded as the most speculative asset in the market it all depends on how the investors study the market and build good skills that will place them above and less risk position.

[Freddie Boyer]

Yes, I see it is not much different. The cryptocurrency market, like any other market, is influenced by various factors, both internal and external. These factors include supply and demand, market sentiment, economic and political events, and advances in technology. When there is an increase in demand for Bitcoin, the price tends to rise, and when there is a decrease in demand, the price tends to fall. However, markets are constantly changing, and it is difficult to predict how long a bull market or a bear market will last.

I guess One of the reasons why the market takes time to turn bullish is due to the nature of the Bitcoin supply. The total supply of Bitcoins is limited to 21 million, and new Bitcoins are only created through a process called mining. As the number of Bitcoins mined approaches a limit, supply becomes more scarce, which can increase demand and drive up prices.

However, markets are also subject to sudden changes in sentiment or external events, such as government regulations or technological advances in competing cryptocurrencies. These shifts can cause sudden price swings and make it difficult for the market to maintain a steady bullish trend over a long period of time.

[SmartGold01]

Because sometimes market has driven out by fear. Those fuds spread by some certain institutions are use to manipulate the mind of the people to get afraid and that's stopping certain situation for bitcoin to create continuous demand. After big tragic events which affect a lot it really takes time for the market to recover because demands is not quietly surging at that moment.

But you can notice once halving nearly came you can see people to starting up to hold since many are expecting that there's great thing to happen and halving is triggering factor to activate the bullish season on bitcoin and other crypto.

Presently i noticed bitcoin price was around $30k plus but after few days goes down $28k who knows if the price will keep declining maybe to 20k after touching the price of $30k. Anyway I have gotten lots of reasons from various individuals which led me to a conclusion of halving is the main thing that propels the market.

[darkv0rt3x]

I have been wondering why does it take so much time for bitcoin price to bull and whenever it try's coming up it takes just some few hours or days to drop drastically or changes in percentage.
Does this means bitcoin can not maintain bull sign for about 7 months or 1 year straight up without having to change and show bear signs?
Can someone explain this to me i am curious to know, and if this question already ask please ref me topic to read so i can lock this?

Thank you.

From what I understand, main reason is that there is still not enough liquidity in the Bitcoin ecosystem. This is the same as if you drop a small rock in a bucket of water and dropping the same small rock in the ocean. The ripples waves are way more evident in the bucket than in the ocean.
Same thing as if you take or put considerable amounts of Bitcoin in the network (whales sometimes trying to dump or pump the price) the price can fluctuate up or down.
Now, the idea would be to transfer all the value actually in existence in fiat into Bitcoin, this volatility would disappear by at least 99%. Same as what is happening with fiat right now. The value is huge that even huge transactions won't mean much in terms of volatility.

[isaac_clarke22]

~

Maybe because you're expecting the bull run to happen. Yeah it really drops drastically within few hours as it is volatile in price and I believe you already knew that when you were already investing into Bitcoin. When we're talking about bull run, we're talking about long-term changes and not just within few hours, weeks or even that "7 months".

I wouldn't worry too much in the price for now if you're waiting for the bull run.

[southerngentuk]

The cryptocurrency market, including Bitcoin, is highly volatile and is influenced by various factors, such as market sentiment, adoption rate, regulatory changes, global events, and overall economic conditions. These factors can cause rapid price changes and make it difficult to predict the market's direction.

In general, it takes time for the market to become bullish because it requires a significant increase in demand for Bitcoin. The demand can be driven by several factors such as increased adoption, positive news, and institutional investment. However, it's important to note that a bullish market does not mean the price will continuously increase without any pullbacks or corrections. The market often experiences ups and downs, and it's essential to have a long-term investment strategy to navigate through these fluctuations.

[panganib999]

People's disposition regarding the market is a good reason why it takes time before a cryptocurrency goes up in value again.

For the most part us, degens as we may be, still would want to wait for a good reason to invest rather than just putting it to fate's hands. As it stands today there's not that many good reasons for bitcoin to rise in value on its own, so you'd see people still having doubts and are still scared to invest. Soon as a reason comes around, like a notable personality buying substantial amounts of bitcoin, or the bitcoin halving that happens every 4 years and wouldn't happen until sometime in 2024, you'd find that more and more people will start investing and that in itself is what would pump the crypto's value. Just simple demand supply shenanigans all over again. The more demand, the higher the value and the lower the supply, and vice versa.

[Aikidoka]

Because there's a correction and there's no way a market exist that continuously goes up, not to mention that kind of market is not sustainable given that it will not attract new people, it gets more expensive to get in as time goes by, you don't know how many people are grateful that the prices are going down so they can get in at a cheaper price.

Exactly, we cannot expect a huge increase in the price of Bitcoin while there is a correction happening at the moment. Everyone here in the community who has sufficient knowledge knows about this. So, for now, we just need to give it some time with this correction, and then I guess Bitcoin's price will remain between $30k to $45k till the end of this year and then we will probably see a huge increase again in the price of Bitcoin after the next year's halving.

[kryptqnick]

Sometimes the bull run happens pretty fast, but of course not as fast as the price can fall then. The price is rising when the demand is going up, and there are many psychological barriers for Bitcoin to surpass on that way, the places where many think the price is alright, acceptable and generally reasonable. As for going down, it can happen very rapidly because people think the price is high enough to cash out and start selling the coins, and then others see it and engage in panic selling. But situations differ and the price doesn't normally fall all the way down either. Moreover, sometimes it can go up very significantly in a matter of just a couple of days as well.

[dezoel]

Disbelief, panic selling, FUD, there are a lot of factors that cause a stop on the market whenever it tries to rise up in value, and it's demand that makes the price go up of something, whether it's Bitcoin, another cryptocurrency or anything in general if there are a lot of people having money demanding to buy it, the price will eventually go up.

So for Bitcoin to stay bullish, there will need to be constant demand in the market which doesn't happen, people start getting frustrated and sell when they don't see much movement, and the demand only increases when there is a little movement, otherwise, people just wait for the right moment in order to buy.

[serjent05]

It was stated that there are lots of factors that can push Bitcoin price and creates a bullish market.  But to be able to outweigh factors that can cause a bearish market, these factors such as positive investors or market sentiment, government regulations that favor adoption, currency fluctuation, inflation rate, etc.. to be in sync to create a positive atmosphere on the Bitcoin market and it takes time to have these factors align to each other that will result to the bull run.

[imamusma]

Not sure Bitcoin will hit $680k or not in the next 10 years but I'm sure Bitcoin will continue to increase whenever there is a new bullrun season. We can take a look at the price history of Bitcoin, its ATH increases from one bullrun season to another bullrun season. However, it is impossible if Bitcoin always increases the whole time, it should have a drop and a raise trend. The demand never stables, sometimes there are big demands but sometimes there are low demands. No one can control the demand, so it is almost impossible to see Bitcoin increase every time.

In the Bitcoin market, manipulation exists. But it won't give a long-term impact, usually the impact will be temporary. 

The best fundamental to ensure bitcoin price can reach $600k in 10 years is halving. I think the halving has encourage so many bullish moments since bitcoin was introduced, so I think my confidence and my optimism about the high bitcoin price is built around that. Plus bitcoin also has bullish and bearish cycles which will allow everyone to earn returns as well as loses, but in the long term I think it's safe to assume that the price will be higher than in previous years.

About the OP's question, I think people have explained a lot of factors why bitcoin takes time to go higher, but it's all clear because supply and demand can never be stable. When something triggers more demand, then of course the price will tend to go up, and vice versa.

[karabiber]

I'm sure it would be very boring for Bitcoin to go up all the time. If you have understood the halving years correctly you will learn to be patient in the time between the bear and bull markets. Gotta catch the loop. In addition, during the bear period the market may experience a bull time in itself but it cannot prevent these decreases.

It is probably undesirable for the crypto markets to keep the price of Bitcoin stable. Because then how does the crypto market differ from an ordinary fiat money market? I think the reason for the long bear market is the preparation for the bull market. Because the more the price is lowered in the time spent here the more patience people lose and they sell what they have to make the whales rich.

[romero121]

It was stated that there are lots of factors that can push Bitcoin price and creates a bullish market.  But to be able to outweigh factors that can cause a bearish market, these factors such as positive investors or market sentiment, government regulations that favor adoption, currency fluctuation, inflation rate, etc.. to be in sync to create a positive atmosphere on the Bitcoin market and it takes time to have these factors align to each other that will result to the bull run.

More factors needs to be supportive together, only then the market can be seen bullish. If not we'll be experiencing downturn as well as bearish moves. This can be correction or relative to some sort of market sentiments or anything. For now the market is in good position compared to the previous months. There is some signs of altcoin season to begin and the same might be the reason for the ongoing downturn in the market. However looking at the year's performance the market is at the bullish side.

[boyptc]

I now come to understand the tips that I've heard from my parents and grandparents that patience is a virtue. And it's applicable in here while we're waiting for the bull run.

It wouldn't just be always in the bull run and everyone is going to make money from that season. Like many has said about the biggest factor to be the demand.

Whenever we're in a bear market, everyone is fearing to buy so the demand is lesser and from there it's all starting out until we start to see the signs and thanks to halving that's making everyone back but I doubt that many of us here are going out because we're all aware of the cycles.

[Gladitorcomeback]

I have been wondering why does it take so much time for bitcoin price to bull and whenever it try's coming up it takes just some few hours or days to drop drastically or changes in percentage.
Does this means bitcoin can not maintain bull sign for about 7 months or 1 year straight up without having to change and show bear signs?
Can someone explain this to me i am curious to know, and if this question already ask please ref me topic to read so i can lock this?

At start the Bitcoin price was just increasing and drop of price of btc price was not much like today. The main reason behind this was that there no big whale and companies like microstrategy, Tesla and other not entered. No future trading was available at that time. Now everything has been changed and big companies now holding btc. These big names sell out news to increase fear in market so that they buy btc in low price.

Whenever Btc increase some percentage This big whale sell their btc. They don't care about btc price because everybody entered in btc to make profit.