Is the bull run near already?

[taufik123]

-snip-

We might see mini bull run maybe can close above 30K level at July

I hope so too, a mini bull run may happen in July after May and June were selling months and experienced a few percent declines.
The last 3 years July has always been a bull run and I also believe July will be the first bull run after the market has been hit by a lot of FUD and more investors are coming in.

Passing the $30k price is an important point for now, hopefully, $30k will be the closest target so that Bitcoin can continue its increase.

[fuguebtc]

I don't want to remind history, but the bull run will only come and happen after the halving. The bull run will never come just because of small news and nothing worth caring about like this news. In investing, having an optimistic spirit is great, but we need to be realistic, and not expect the impossible. Because it is straightforward to bring your morale down if expectations do not go as expected. I will not believe any news that can cause bitcoin to go up, and we will have a bull run this year, I will still just wait for the halving and only believe that it is the most powerful catalyst to make the bull season.

Well, I'd see that social media still influences the mindset of people. Someone could pretend he'll know everything about crypto and predict a bull run to come and then post on social media. But what I think is that history is a strong basis to tell when is the bull season and sadly, most of us fail to see it rather than just relying on predictions and news on the internet. I know we never know what will happen next and we all just live in prediction but you are right, the bull run comes after halving and that is what we experience in the past bull season and ATH.

Everyone sees it, but they don't want to believe it and hope for a surprise. There's nothing wrong with their optimism about the market, but as I said, that can hurt them more than it brings them joy. Because when we put so much hope into something that we want it to happen, but when it doesn't turn out as expected, we get very frustrated and demoralized. So I always advise people to live with reality, with what is going on, illusions don't give us the power or results we expect.

[ethereumhunter]

-snip-

We might see mini bull run maybe can close above 30K level at July

I hope so too, a mini bull run may happen in July after May and June were selling months and experienced a few percent declines.
The last 3 years July has always been a bull run and I also believe July will be the first bull run after the market has been hit by a lot of FUD and more investors are coming in.

Passing the $30k price is an important point for now, hopefully, $30k will be the closest target so that Bitcoin can continue its increase.

Only two months left so we can see what will happen and let's hope it does happen. Many of us are still patiently waiting for the mini bull run or even the bull run to happen as we are nearing the end of the bear season phase. Whether it's the end of the year or next year, we can get big profits again.

And I'm still curious whether it's true that July will be a bull run tomorrow or the first altcoin season will come to the market. But whatever it is, we must prepare ourselves first by analyzing every potential coin on the market to buy it at a low price and save it until the bull run comes.

[taufik123]

Only two months left so we can see what will happen and let's hope it does happen. Many of us are still patiently waiting for the mini bull run or even the bull run to happen as we are nearing the end of the bear season phase. Whether it's the end of the year or next year, we can get big profits again.

The desire for huge profits is the pinnacle, but whether or not we can afford to buy now, buy, and hold for the long term until the latest ATH is reached.
Because Some traders only make purchases when the Bullish arrives, even though the bearish market is the most awaited because there are many discounts to buy back.

And I'm still curious whether it's true that July will be a bull run tomorrow or the first altcoin season will come to the market. But whatever it is, we must prepare ourselves first by analyzing every potential coin on the market to buy it at a low price and save it until the bull run comes.

We'll see in July if it matches the history or if there will be changes. The market will not always be the same and history will not always repeat itself.
We must be prepared for all conditions. Doing management will be very good, have a reserve of money, and hold Bitcoin assets and other assets.

[boltz]

Not at all! He have been tricked that 2023 will be the year where Bitcoin will surpass the 60k$ range and it will sky rocket towards 100k and none of this happened and I've told in mutiple posts during this year that Bull Run cannot be 2023 and we might even go back under 20k for a brief moment.

In my books , bull run will start after Bitcoin halv and that should be 2024 in Spring.

[beerlover]

I think it will get a move going, we had a good season so far and it has gone up, even though it has gone done from above 30k but it has also gone up from 16k as well, that would be great. I think the best thing to do right now would be awesome in the end and should be considered as a great thing for all of us. There is a good chance we could end up with a big bull run coming up soon, and that is why I do not wonder about it and do not have anything to worry about.

People are going to end up with some fear because it has gone down, but considering the halving is less than a year away, it is going to get closer and closer to a bull run and that should be considering the situation as well as possible when we are getting closer as well.

Those who are afraid of the downside will buy bitcoin at the top, maybe in the $30k area and that's a pretty high price. but you are right about the big hike so far in 2023, higher than the $16k low a few months ago. People buying in the $16k price area are going to have a lot to gain and they may be holding out for now. The halving was something everyone had been waiting for, but before that happened it seemed the Whales were playing the market, manipulating and such.

Those who are afraid of the downside will end up losing more money than they could make. If anyone is afraid of the situation then it means we are going to see them not do so well, and that should not be a simple mistake, if we are all aware here that it is going to go up, then why would anyone fear the downside? We have seen the downside, this is it, we have gone down as much as we could and then we are starting to march back up again very soon.

Why would anyone think that it will go down a lot more, there is really nothing to worry about for the current state of affairs, it is going to end up being as well as it gets. I do believe that we should be focusing a bit more towards how we could profit with the upcoming tide and ignore those who are still afraid.

[Asiska02]

Not at all! He have been tricked that 2023 will be the year where Bitcoin will surpass the 60k$ range and it will sky rocket towards 100k and none of this happened and I've told in mutiple posts during this year that Bull Run cannot be 2023 and we might even go back under 20k for a brief moment.

Many people speculating about bull run in this forum are always speculating for it  to take place in 2024 and not 2023 as some few people most have claimed it’ll be. If we are going to see a price close to $100K, by now we should have seen some positive uptrend movement in the price of bitcoin before reaching half of the year which is just next month. These are all speculations, they’re not happening as predicted by people.

In my books , bull run will start after Bitcoin halv and that should be 2024 in Spring.

I foresee the bull run to also start by 2024 and not this year. But the exact time for it to take place is something we are not all sure of.

[Wend]

-snip-

We might see mini bull run maybe can close above 30K level at July

I hope so too, a mini bull run may happen in July after May and June were selling months and experienced a few percent declines.
The last 3 years July has always been a bull run and I also believe July will be the first bull run after the market has been hit by a lot of FUD and more investors are coming in.

Passing the $30k price is an important point for now, hopefully, $30k will be the closest target so that Bitcoin can continue its increase.

I don't understand why people consider $30k a critical point. What is the guarantee that when bitcoin crosses $30k, we will exit the bear season or never drop below $30k? I remember in April, there was a time when bitcoin exceeded 30k $, but then it also decreased continuously until now.
So there is no major milestone for bitcoin, it could still fall back even if it hits $50k, $30k is nothing for bitcoin. Moreover, the price drop is a good thing, not as bad as many fear. I like a market like this, or it could decline further is a good thing that would make for a better buy point for bitcoin right now.

[STT]

Last halvening people expected far more and it didnt occur, in fact we went down just before but a century level storm in the shape of the pandemic is enough reason for that occur.   We cannot say for sure when or what prices, its an answer with too many variables to say only predict within some framework.    If extreme events occur around that time it'll delay the positive effect, I think people count too much on this when block reward already did most of the drop off and so the tightening effect.  The overall cycle of speculation and build is probably greater influence and dollar itself with interest rates is more relevant imo.

[romero121]

The bull market hasn't arrived yet. A massive correction happens befor the bull market transition. For now we see small corrections that drive the price move within specific range. The market that grew from the price range of $16k and reaching around $27k  happened all of the sudden. From there bitcoin wasn't able to move good in position. In particular it tried to move high above $30k, but it couldn't achieve it. Altcoins were also following bitcoin which means the market is self driven and the altcoins season too hadn't started.

[flyingcarpet]

The CEO of Binance, Changpeng Zhao just tweeted and I quote, he said that;

“CCTV (China Central Television) just broadcasted crypto. It's a big deal. The Chinese speaking communities are buzzing. Historically, coverages like these led to bull runs.

Not saying past predicts the future. And not financial advice.”

Link to Changpeng Zhao’s tweet

Those that have experienced the bull run before, does events like this leads to bull run or signifies that bull run will happen anytime soon?

And those that haven’t bought bitcoin, does this signify that they need to necessitate buying some now before it’ll be too late?

Especially lately, people are being impatient about this. They say that the bull run is coming in Bitcoin or that it will come very soon, and they panic themselves. It's not necessary. Make your investment and wait. Bitcoin bull season will surely come one day. No one knows that day for sure, but they make their own interpretations according to the course of the market. I think you should invest and wait without panicking.

[ethereumhunter]

Only two months left so we can see what will happen and let's hope it does happen. Many of us are still patiently waiting for the mini bull run or even the bull run to happen as we are nearing the end of the bear season phase. Whether it's the end of the year or next year, we can get big profits again.

The desire for huge profits is the pinnacle, but whether or not we can afford to buy now, buy, and hold for the long term until the latest ATH is reached.
Because Some traders only make purchases when the Bullish arrives, even though the bearish market is the most awaited because there are many discounts to buy back.

We have to be able to buy when the price is still low so we can hope to get big profits when the price increases high and reaches a new ATH. But we have to manage the purchase and don't immediately buy using an all-in because many people still do this. They think the price won't go down but it hasn't.

Traders who buy in bullish times are the ones who get caught in the trap of fast price movements so they think that the price will still increase but the price then declines and is in a downward price position for a while.

And I'm still curious whether it's true that July will be a bull run tomorrow or the first altcoin season will come to the market. But whatever it is, we must prepare ourselves first by analyzing every potential coin on the market to buy it at a low price and save it until the bull run comes.

We'll see in July if it matches the history or if there will be changes. The market will not always be the same and history will not always repeat itself.
We must be prepared for all conditions. Doing management will be very good, have a reserve of money, and hold Bitcoin assets and other assets.

At least we can see it from the movement pattern because maybe the pattern is similar to the previous one. We can only hope that before the bull run comes, we have sufficient preparations to get the big profits we want. And we can get big profits too from altcoins and not just bitcoin.

[dansus021]

I don't understand why people consider $30k a critical point. What is the guarantee that when bitcoin crosses $30k, we will exit the bear season or never drop below $30k? I remember in April, there was a time when bitcoin exceeded 30k $, but then it also decreased continuously until now.
So there is no major milestone for bitcoin, it could still fall back even if it hits $50k, $30k is nothing for bitcoin. Moreover, the price drop is a good thing, not as bad as many fear. I like a market like this, or it could decline further is a good thing that would make for a better buy point for bitcoin right now.

This is a speculation board sir and nothing in here is guaranteed when we talk 30K point is not just me or taufik123 there is a bunch of other people talk 30K is crucial Point if you know basic about Support and resistance or Supply and Demand Zone you might notice that 30K is a major SNR or SND. Here let me explain it to you.

This is a Weekly Timeframe meaning that needs a full week to close a single candlestick. and the white box above is the previous support zone. The price is rejected at 30K level so many times. and broke in May 2022 and become a resistance zone, and most of the speculators would said if we can stay above 30K level or at least sideways on that level the price might look another resistance at 40K level or 50K level.

Although all of this just a speculation and nothing is guaranteed here 

[Weawant]

The bull market hasn't arrived yet. A massive correction happens befor the bull market transition. For now we see small corrections that drive the price move within specific range. The market that grew from the price range of $16k and reaching around $27k  happened all of the sudden. From there bitcoin wasn't able to move good in position. In particular it tried to move high above $30k, but it couldn't achieve it. Altcoins were also following bitcoin which means the market is self driven and the altcoins season too hadn't started.

Before altcoins seasons happens, we first have to have a Bitcoin season that the price will keep on pumping for several weeks and it will be obvious that we are in a bull market as all positive news about Bitcoin and the crypto market will start coming out.

As you said, what we have been seeing are small corrections and pumps and they're not significant to determined if the bull market has started or the bear season is over. Everything starts after Bitcoin halving in my experience as bull market comes one year after halving is over.

It still surprised me that Bitcoin couldn't stay above $30,000 after trying to cross the price for so long which is finally did. I thought the price will increase or stay above $30,000 but seeing the price at $27,000 means we're not in a bull market yet.

[Yamifoud]

The bull market hasn't arrived yet. A massive correction happens befor the bull market transition. For now we see small corrections that drive the price move within specific range. The market that grew from the price range of $16k and reaching around $27k  happened all of the sudden. From there bitcoin wasn't able to move good in position. In particular it tried to move high above $30k, but it couldn't achieve it. Altcoins were also following bitcoin which means the market is self driven and the altcoins season too hadn't started.

Speculations arise that this year 2023 we gonna see a bull run but as we observe, it is still far from happening and if we look into the market history, it took 3-4 years before the bull season come. I'd say that most of the newcomers today are too impatient because those who have experience in the past bull season had already an idea of when it comes and when the bear season comes as well. That is why we have this 4-year market cycle and we expect that bull season comes after halving which was next year. 

[YOSHIE]

And those that haven’t bought bitcoin, does this signify that they need to necessitate buying some now before it’ll be too late?

Maybe, I've been reading a lot of developments about Bitcoin speculation and predictions lately from experienced crypto experts, they say 2023 comes only once, opportunity only once, think and do it's a good move for Bitcoin.

From those words, I take one conclusion, this year is not the year of the bull, but now the best Bitcoin buying move, the bull market will happen, either 24,25 or 26, what is certain is that it all depends on ourselves in taking policy, I believe that some speculations are true and some are nonsense, which is definitely a wide open opportunity to do the best for Bitcoin at this time.

Only those who are brave, committed and confident win every time in the crypto world, cowards always lose and are haunted by regret.

[naikturun]

If you ask me, going from $16K to $26K is the bull run...  These runs have a tendency to last multiple years when you zoom out and tune out the noise.  Come next April, the block reward will be slashed in half and demand will likely be higher than it is today.  There won't be US government auctions and the mtgox coins will be distributed.  You're going to want to have a position built by then so I think the way to play it is to dollar cost average into the market for the next two years and then enjoy the rewards that come with that decision.

The idea behind DCA is that, over time, you accumulate a position in the asset while potentially reducing the impact of market timing. By spreading out your investments over a longer period, you can benefit from both market downturns and upswings.
While historical patterns and events can provide some insights into market behavior, it's important to remember that past performance is not indicative of future results. Bitcoin's price is influenced by various factors, including market sentiment, adoption, regulatory changes, and macroeconomic conditions. Predicting the exact timing and extent of future bull runs or market cycles is challenging.

[Eternad]

The CEO of Binance, Changpeng Zhao just tweeted and I quote, he said that;

“CCTV (China Central Television) just broadcasted crypto. It's a big deal. The Chinese speaking communities are buzzing. Historically, coverages like these led to bull runs.

Not saying past predicts the future. And not financial advice.”

If you browse thoroughly CZ twitter profile. He is always very bullish since his business is revolving the crypto market. You will feel like it was always a bull run despite the market is crashing because CZ keeps a positive post on every news.

Those that have experienced the bull run before, does events like this leads to bull run or signifies that bull run will happen anytime soon?

And those that haven’t bought bitcoin, does this signify that they need to necessitate buying some now before it’ll be too late?

As explained above. CZ tweets is a perma bullish. It doesn't signify anything but one thing is true that crypto currency is always on bullrun if we view the larger picture. The crypto marketcap grown a lot compared when crypto is just new.

You will know that it's already a bull run if all shitcoin is pumping hard without any news supporting it.

[palle11]

Only those who are brave, committed and confident win every time in the crypto world, cowards always lose and are haunted by regret.

Yeah the weak hands, they stay out to spread fud about bitcoin instead of seeking to understand the circle of bitcoin. Regret in investment opportunities when you are suppose to take a bite for yourself will only amount to sabotage and anguish. The opportunity is again close and only the committed and confident will take the chance to increase their portfolio for the ride to another ATH.

[GeorgeJohn]

We should not be depending on people saying things concerning market regulations, because its known clearly that no body knows the exact time the bullrun can come, what determined the increment in market of cryptocurrency is base on the quantity demands and I believe that market can accelerate today and also go back to decrease zone at any point in time due to the gravity of the demands, so I believe that market of cryptocurrency is basically determined through the supply and demand, when the demands is high it affects increments to be bull, while when the supply is higher it causes bearish market, so nobody can tell when the market is on bullrun.