Next bull market comes in June

[FireDAOJackie_Z]

Here is my bold assumption. As the recent cryptocurrency prices continue to drop dramatically, the whole market needs a big time and force to embrace a new bullish period. As the US strengthens more regulations, more money is looking for a new place to flow into. Recently, Hong Kong held the Web3 festival to show their determination to build a crypto hub in Asia. The new rules and favorable policies on crypto will be implemented in this June. I firmly believe that as long as the new window opens, endless hot money from China mainland and all over the world will be flooding into the crypto market in Hong Kong. All cryptocurrencies will see a bull run for a while. By the way, our project FireDAO is in progress and please feel free to contact me should you have any inquiries.

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[cryptoaddictchie]

Here is my bold assumption. As the recent cryptocurrency prices continue to drop dramatically, the whole market needs a big time and force to embrace a new bullish period.

I think this set back is due to people cashing out from the airdrops rewards and even the btc buyers at 17k to 18k level. Its already a massive profits and probably they are taking some gains. Its quite normal and people tends to spend on some new testnet and potential airdrops. I think thats more likely to happen at some point. But bull run isnt gonna happen in just few months right away.

[@sriyan]

Here is my bold assumption. As the recent cryptocurrency prices continue to drop dramatically, the whole market needs a big time and force to embrace a new bullish period. As the US strengthens more regulations, more money is looking for a new place to flow into. Recently, Hong Kong held the Web3 festival to show their determination to build a crypto hub in Asia. The new rules and favorable policies on crypto will be implemented in this June. I firmly believe that as long as the new window opens, endless hot money from China mainland and all over the world will be flooding into the crypto market in Hong Kong. All cryptocurrencies will see a bull run for a while. By the way, our project FireDAO is in progress and please feel free to contact me should you have any inquiries.

We can not say exactly which market will be in a specific month. But there will be global adoption will happen in the next few months due to higher inflation. So most people will buy bitcoins.

[crwth]

That is definitely what we want, people to acknowledge and know that Bitcoin is the best bet against the inflation that we are experiencing now. It's definitely a good idea to have that festival and a crypto hub in Asia.

Anyway, does your project have something to do with the crypto hub, OP?

[Jackl87]

I think this set back is due to people cashing out from the airdrops rewards and even the btc buyers at 17k to 18k level. Its already a massive profits and probably they are taking some gains. Its quite normal and people tends to spend on some new testnet and potential airdrops. I think thats more likely to happen at some point. But bull run isnt gonna happen in just few months right away.

This airdrop farming as it happened with Arbitrum, can't go on for much longer in my opinion. The reason for that is simple, a lot of people made quite a lot of money with the Arbitrum airdrop. The news about this attracted even more airdrop farmers and hunters. So it is pretty safe to say, that the next airdrop, if it happens, will have at least twice the amount of participants than the one of Arbitrum. This means everyone only gets half the amount of money and if that is the case, that whole airdrop hunting will become less attractive again. So i doubt that we will see more airdrops that have a value of 1B$ or more in total so soon again.

[slashz9]

i still predict bull run is not come yet, it will begin in 2024, because of economic world still chaos.
but everyone have their opinion, i wouldnot contact you because our prediction is different 

[Wiwo]

i still predict bull run is not come yet, it will begin in 2024, because of economic world still chaos.
but everyone have their opinion, i wouldnot contact you because our prediction is different 

Did the ops ask for any contact, i donf think so because he just made a speculation of the market and how posible it will be for the cryptocurrency ro pick an increase in market volum that could result into another round of bull.market even though we are just regaining from the previous bull market where Bitcoin and mosr altcoin made a sifificant bull movement in it price reaching 30k was a big benchmark for bitcoin and ethereum also made a 2k+ price befor rhe current price correction.

Let see how things goes even though rhe market is facing a down trend marker at the moment and this could change in whatever direction, and posibly we may see a 35k price in june possibly.

[Husires]

The new rules and favorable policies on crypto will be implemented in this June. I firmly believe that as long as the new window opens, endless hot money from China mainland and all over the world will be flooding into the crypto market in Hong Kong. All cryptocurrencies will see a bull run for a while.

Southeast Asia countries do not affect the price, but for a long period, China and several countries were the factors that were used in the spread of FUD and made the price decline.
In recent years, the price has shown immunity against such news, so China ban or positive legislation from Hong Kong will not affect the price.

By the way, our project FireDAO is in progress and please feel free to contact me should you have any inquiries.

So the basic purpose of creating this topic is to promote this service. It is a stupid way and it is better to write the site link in your signature.

[BIT-BENDER]

From my calculations the price moved from $30,000 to just barely above $27,000 should that be considered a dramatic fall or one we should worry about I would say no.

If you aren’t ready for some price drop then you should go learn about volatility, the market is at its build up phase and reaching the figures it has done well so far, well you are entitled to your opinion but I would say the next bull run should be around the Bitcoin halving period.

[Xal0lex]

What kind of sharp decline can we talk about when we see only 10-12% correction of cryptocurrency prices. Now the market has quite naturally gone to correction, so I expect fall down to 20-25% from current highs, which were shown by the top cryptocurrencies a week ago. In summer, by the way, the market is almost always bearish or does not move at all, so you should hardly count on the summer bull run.

[cute nmp]

Think it is a very sharp correction the market is currently facing as a result of many people taking profits especially those that bought at very low prices.Hope it is not a pullback to the weekly structure that will further push the market bearish.But this is not a good sign either as the bears can easily take control again,hope it is just a correction.

[goaldigger]

We might already saw the sharp decline but with the current market trend, I think we will go sideways. Pumping for the Month of June is ok, it’s just that there is no guarantee for this even if you supported it with a good statement, anything can still happen.

[DeathAngel]

No, the next bull market will start in or around the next block reward halving which is approximately one year away -

Bitcoin Halving Date 2024
BTC Halving Date is Projected for
Saturday Apr 27, 2024

https://www.coinwarz.com/mining/bitcoin/halving

[Johnyz]

Any supporting TA for this prediction? Because June is too early for the real bull market though we all want that especially those who are trap on top and those who lose the money. Buying more now can be a good strategy because we are still going to bull market and the only concern is the time, it’s hard to tell when it will happen. DCA  works, better to start doing this especially those who have a limited budget but still want to invest.

[jossiel]

Just to be safe and with basis, I still think that anything that happens now whether it's bullish or bearish. Those are all part of preparations for the upcoming bull run but I am not expecting a lot to happen for this year.

But after the halving, then all of those assumptions about going to the bull run is what I think is timely. Well, it doesn't matter whether it will be by this year or by next year as long as we get to see and enter on that, that's the most important matter to think of.

[BitcoinPanther]

i still predict bull run is not come yet, it will begin in 2024, because of economic world still chaos.
but everyone have their opinion, i wouldnot contact you because our prediction is different 

I think it is either 2 months of the last quarter of this year or the 1st quarter of 2024.  Often times the halving hype effect happens during those period.  So definitely I am not seeing any bull run on June 2023.

We might already saw the sharp decline but with the current market trend, I think we will go sideways. Pumping for the Month of June is ok, it’s just that there is no guarantee for this even if you supported it with a good statement, anything can still happen.

Sideway always follows when the market experience uptrend followed by correction.  So we can see sideway movement of Bitcoin price before it uptrend again.

Any supporting TA for this prediction?

I believe there is none as @OP stated his that it is his bold assumption.

[bitkanu]

I honestly thinking that the bullrun is still rather far away, considering the fact that current trend of bitcoin is still doing sideways, and if i remember correctly in the past the sideways was lasting for quite a long time maybe a year, but then massive bullrun follows, I think it will be the same and maybe bullrun comes next year.

[babygun]

We might already saw the sharp decline but with the current market trend, I think we will go sideways. Pumping for the Month of June is ok, it’s just that there is no guarantee for this even if you supported it with a good statement, anything can still happen.

The fun about crypto is that everybody haves its own predictions. We saw a setback of around 10% which is not so major as we have had a lot worse and as long as we stay above 25,000$ there is no real need to panic. I think everybody hopes for another bullrun and I think the question is not if it will happen but when it will happen.

[poodle63]

How can you sure about that? im stillbeliving if the crypto market is still unpredictable this time. It will remain unpredictable forever. The bullish time has no ETA to come. So many people were not accurately predicting the bullish trend happened with bitcoin.
Im thinking the same with altcoins right now as altcoins are only following bitcoin at this moment. It seems like that if it's gonna hard thing to predict.

[MiF]

Here is my bold assumption. As the recent cryptocurrency prices continue to drop dramatically, the whole market needs a big time and force to embrace a new bullish period. As the US strengthens more regulations, more money is looking for a new place to flow into. Recently, Hong Kong held the Web3 festival to show their determination to build a crypto hub in Asia. The new rules and favorable policies on crypto will be implemented in this June. I firmly believe that as long as the new window opens, endless hot money from China mainland and all over the world will be flooding into the crypto market in Hong Kong. All cryptocurrencies will see a bull run for a while. By the way, our project FireDAO is in progress and please feel free to contact me should you have any inquiries.

Well it is not new to us, crypto currency is high on volatility but now it even goes more higher because of the different update from different country with regards to crypto, for now btc price drop but maybe in the week or months it will rise back it just the same old story after the dip there's a bull and after the bull there is a dip.