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Author Topic: Why does It takes time for market to be bull  (Read 616 times)
coolcoinz
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April 20, 2023, 08:10:20 PM
 #21

Bullish days cannot remain for a very long duration because it needs a lot of capital to maintain that value and to dump it, it's very easy. However, we see long bearish cycles because the bulls kick out every inch of patience from your mind that you become helpless and take out your coins for sale. This is why bearish times are longer, for the bulls to accumulate and then don't give a chance to the weak hands to get on the train again while they pleasantly make enough money on the btc gains.

P.S. this belongs to speculation if I'm correct.

It's like a rubber band that has to snap when it's being stretched too much.

When there's a lot of people buying and the bullish trend continues without a correction, more and more money is in longs and it becomes more profitable to bet against these longs. Many of us are not traders and we don't care about 5% dips and 5% pumps.

For instance, I buy all the way down, below a certain point and I don't try to profit on small corrections because that would require holding coins on exchanges and I don't want to do it. Things like that giant dump on Binance 2 days ago makes me think there's something brewing on that exchange. I feel like CZ is trading against his own clients and it's only a matter of time before it blows up like FTX, so hold your money on your wallets guys and don't try to react to every single correction. The halving is just around the corner.

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April 20, 2023, 08:15:52 PM
 #22

When the price goes up, it means that the traders who bought earlier are now in profit. They start taking profits and the price goes down. Then if there's no panic selling and the price is stable, traders start accumulating again and this mini-cycle begins anew. But as the price gets higher and higher, more and more trader have larger profits that they decide to take, and new buyers are more and more hesitant. That's when the market reverses and it starts being bearish and some even sell at a loss to prevent a bigger loss.

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April 20, 2023, 08:19:46 PM
 #23

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.
Lolz, this is actually funny, but all the same, I'm gonna add to what others have said.

Understand that bitcoin is a global currency, maybe if it was a  currency for a Group of persons, it would have been able to maintain a steady bullish sign in its price, until the group of persons decides its time to stop it from going up...

But as a global cryptocurrency, it simply means several hundreds of millions of people are actually buying and selling bitcoin at the same time, when there are more people buying bitcoin, and less people selling, the price of bitcoin become bullish, it's starts to rise up..
But if along the line, people selling bitcoin becomes much more than those buying bitcoin, then the price will turn bearish, this is why you see the price of bitcoin going up at some point, but all of a sudden, it begins to go down - it simply means most people are selling, while just a few buying.

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April 20, 2023, 08:37:27 PM
Merited by SmartGold01 (2)
 #24

From what I understand in the Bitcoin price movement, there are different factors that affect Bitcoin volatility, and as long as economic news continues to change and there is also some bad news that always arises, the Bitcoin price will continue to fluctuate, and that's why the price cannot just stay at a certain level for 7 months like you said, but it can be just within the range. High demand or a big sell also means a spike in price or a dump. I did a search for you, OP, and I found
Bull Markets - What Are They & How Long Do They Last?.
I think you can get a bit insight from there.

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April 20, 2023, 08:47:13 PM
 #25

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.

In my opinion, bitcoin cannot rise in price for a long time due to the presence of traders who go long with leverage. 

The owners of cryptocurrency exchanges and large players cannot allow ordinary traders to make huge profits. 

Therefore, the price of a financial asset like Bitcoin changes unexpectedly - sometimes it can rise, and sometimes it must suddenly fall.  This is a normal situation. 

Trading makes money for a small number of players, it is a zero-sum game in which everyone cannot win.

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April 20, 2023, 08:53:10 PM
 #26

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.

The market movement is dictated by supply and demand and it is proven that it is easier for the market to crash than to surge since a surge needs a lot of fund and mass adoption in order to happen while a market crash just needs existing holders to sell, overwhelming support.  In short in order for a market of any kind to have a bull run, the market needs to look for people who will put their money into the trading market, create a hype and hoard the existing supply in entering the market which is somehow hard to create, while a simple supply overflow can easily dilute the market.

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April 20, 2023, 09:05:12 PM
 #27

When we talk about things like this, I actually think that time actually plays an important role for the sustainability of bitcoin because of course even though it is our hope that bitcoin will always go up but when the time is relatively short it will actually create conditions where the decline is very short too because the concept is the same as pump and dump and manipulation.
I think the goal is not there and we know that so it is often said that bitcoin is not as instantaneous as you would expect.

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April 20, 2023, 09:14:07 PM
 #28

Understanding Bitcoin is essential to comprehend why the question posed is unnecessary. The fluctuation of Bitcoin's value is not dependent on any specific timeline for a bullish or bearish market. Rather, it is always influenced by investor behavior. As investors buy Bitcoin, the price increases, resulting in a bullish trend. Conversely, if there is a significant amount of selling, the price will drop, resulting in a bearish trend. Therefore, there is no specific period of time, whether months or years, that determines Bitcoin's price movements.

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April 20, 2023, 09:42:41 PM
Last edit: April 20, 2023, 09:57:56 PM by TimeTeller
 #29

Understanding Bitcoin is essential to comprehend why the question posed is unnecessary. The fluctuation of Bitcoin's value is not dependent on any specific timeline for a bullish or bearish market. Rather, it is always influenced by investor behavior. As investors buy Bitcoin, the price increases, resulting in a bullish trend. Conversely, if there is a significant amount of selling, the price will drop, resulting in a bearish trend. Therefore, there is no specific period of time, whether months or years, that determines Bitcoin's price movements.

The up and down movement in the market is influenced by various factors.
And not only because it is first quarter or third quarter, so yeah, the timeline doesn't matter.
It is the particular demand on each period, how the users are reacting on the market given such factors like news, developments, political events and so on.
This is why we can't determine when will it become bullish or bearish, it depends on the current sentiments of the people.
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April 20, 2023, 09:46:10 PM
 #30

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.
It's because Bitcoin is volatile and cannot just go into a bull run every year, day, or month. This is what we call a process and that process is a cycle.

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?
It can actually be if that's the range of time that you're thinking. Take a look back in 2020 up to the known bull run of 2021. You see how the process went for it.

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April 20, 2023, 10:40:15 PM
 #31

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.

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April 20, 2023, 11:24:04 PM
 #32

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.


What goes up must come down. And the same goes for things that go down. We cannot expect a cycle with no counter-cycle. Nobody has a magical power to see the future of how and when Bitcoin will go up or down. The price depends on how many Bitcoin are bought. The rest is speculation. We speculate on when, where, how and how much will be bought. But guessing and hoping are not good metrics for investment. We believe that Bitcoin will keep going up in the long term, due to understanding BTC's potential and its history since 2009.

The whales (people who own a lot of BTC) love to move the market back and forth, hoping to scare some people into selling them their BTC for a cheap price. Don't fall for it. Emotional trading will make you lose everything.

Entire countries are starting to adopt Bitcoin. The bull market is waking up.

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April 21, 2023, 12:12:22 AM
 #33

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.
Bitcoin price is real basic economic knowledge, supply, and demand. No one can control it, and no government or bank to manipulate prices according to their wishes, so in that case, we can't predict and you can't also make as you wish. And I have a question for you, why do you ask this? and where did you find that time (7 months and 1 year), because of my experience, there is no right time for the bitcoin price become to bull or bear on the exact time.

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April 21, 2023, 12:21:15 AM
 #34

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.


It's a financial asset that trades in an open market. Like any other asset that trades in a market its price fluctuates up and down. You question could literally apply to any asset in the world. There is no one controlling the price to say bull market now or bear market now. Like every asset market the price moves according to the buys and sells. Market sentiment, both short term and long term direct the price. The price is bullish now because the bear market ended a month ago, but that doesn't mean everyone is buying and nobody is selling. Lots of people are buying at all times and lots of people are selling at all times.
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April 21, 2023, 12:40:16 AM
 #35

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.
It doesn't take much time for the Bitcoin market to start the bullish trend. What makes it look like the bullish trend is taking much time is that the time is yet to come and what we are seeing now is preparation for the bullish market.

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?
The bullish usually last for a year or more since things have changed in the market lately and it always started a few days or weeks before the Bitcoin block halved
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April 21, 2023, 01:04:45 AM
 #36

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.
(...)
That's how the market behaves, it will not always "UP ONLY" even if you take a look at other markets (non-bitcoin market), there will be always different seasons, bull season, and bear season.
A bull market is not simple, in a bull market, there will be a lot of money will pour into the market during that season.

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April 21, 2023, 01:11:21 AM
 #37

It highly depends on the economy and people.

If we talk about the economy, it need some time to recover and start growing again. Even right now we still didn't get rid of inflation and, consequentially, interest rates so we need time to do it.

And if we talk bout people/investors, then there is a problem of "fear". Investors treat Bitcoin as an asset (and the risky one) so they are usually waiting for a good moment/signal to invest in it. That's why you can see long periods of stagnation in prices. And it is also important to notice that regular people that want to buy bitcoin also follow trends so they are also waiting for Bitcoin to go up.

Essentially, that's why Bitcoin needs some time to start growing again.
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April 21, 2023, 04:58:26 AM
 #38

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.
The number of investors that invest trigger the volume to increase and it makes the price become unstable and high on volatility and it makes bitcoin very unique and many people invest on it because of the big possible profit that we can get from buying and holding it. Imagine if bitcoin is always stable on the bull season how we can buy a big amount if it already high?

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April 21, 2023, 05:04:11 AM
 #39

Bitcoin's free market is completely different from something as easily manipulated as stocks. 

Do you mean bitcoin is not being manipulated, and stocks are being manipulated more? LOL, we invest in bitcoin and we want it to be good, there's nothing wrong with that. But there is no need to exaggerate and lie so blatantly. Bitcoin is the most manipulative market I know compared to other financial markets. It's a free, unregulated market, so manipulation is inevitable.

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April 21, 2023, 06:04:13 AM
 #40

It highly depends on the economy and people.

If we talk about the economy, it need some time to recover and start growing again. Even right now we still didn't get rid of inflation and, consequentially, interest rates so we need time to do it.

And if we talk bout people/investors, then there is a problem of "fear". Investors treat Bitcoin as an asset (and the risky one) so they are usually waiting for a good moment/signal to invest in it. That's why you can see long periods of stagnation in prices. And it is also important to notice that regular people that want to buy bitcoin also follow trends so they are also waiting for Bitcoin to go up.

Essentially, that's why Bitcoin needs some time to start growing again.
For those who purchased Bitcoin during the bear season, the bull season is the time for harvest. Everyone wants to profit from the large market structure known as Bitcoin, but they are not yet prepared to understand how it works or where it is headed. Some investors believe that top whales and companies are controlling and manipulating Bitcoin, yet this is actually a true fact about the market. When these whales and businesses pool their resources, they buy bitcoin, causing it to crash. When they sell, they pump it so hard that their capital is quadrupled.

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