Is the bull run near already?

[Minecache]

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.

Why are you surprised that bitcoin can't break through $30k? Because as you said in your experience, the bull market will only appear after the halving occurs. I find it quite contradictory in your statement.
Furthermore, if you believe that the bull season will only begin after the halving, that means you believe in history, believe in the 4-year cycle of the market. Even if bitcoin breaks through $30k and stays above it, that doesn't mean we'll enter a bull season this year.
Why should we stress when bitcoin is still under $30k? I think that is more positive than negative, we will have enough time to buy bitcoin cheaply.

[mich]

Well I think we are going to be in a 'bull run' soon. We are seeing many crypto experts making this same prediction saying next few months are going to be 'bullish'.

Price of Bitcoin in more than $28,000 and there is good news going on the worlds economies. So now is a good time to invest and put some more sats in your Bitcoin wallets because we are not going to see low prices like last month for a much longer time.

[rhodelmabanal]

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?

It has a big impact china is not a small country it is very big country with a very big population  imagine if they broadcast cryptocurrency many more people there knows about crypto and start wondering about it and how it works. The impact is not instant i think it needs time, however the positive effect is very near i believe bull market is almost here.

[bakasabo]

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?

It has a big impact china is not a small country it is very big country with a very big population  imagine if they broadcast cryptocurrency many more people there knows about crypto and start wondering about it and how it works. The impact is not instant i think it needs time, however the positive effect is very near i believe bull market is almost here.

https://twitter.com/BitcoinMagazine/status/1661401213554905090 this is a small video clip of what was broadcasted. They did not say much about cryptocurrency and Bitcoin in particular. They were saying just general things, like Bitcoin can be withdrawn from ATM, there are such things as NFT and etc. They did not say that "crypto if now fully legal, we plan to make it as additional currency or talked about mass adoption". So I would not connect bull run, market growth with that tv broadcast.

[bitterguy28]

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?

Market is still showing weakness till now https://coinmarketcap.com/ according to CMC there are small amount of increase from weeks of falling  .

Not sure if bull run will come late this year or mid next year but one thing is certain that it will come at least before 2025 ends.

tough there are strong belief from this post but does not enough for me listening this soon .
will wait till next year for safe speculation .

[lunnatic]

the bullrun is getting closer and if we haven't accumulated altcoins then do it,
because if you don't have a favorite altcoin to hold until 2025 then you can regret it,
reportedly the bullrun will be more intense than before.

[carlisle1]

the bullrun is getting closer and if we haven't accumulated altcoins then do it,
because if you don't have a favorite altcoin to hold until 2025 then you can regret it,
reportedly the bullrun will be more intense than before.

Better to do your research in terms of holding an alt coin, there are many available options that you can pick after doing your research, while
Bullrun is nearing you need to make that you do are done studying what coin/s to hold.

I see your point about regretting, if you didn't hold any of those available potential assets, both new and old projects that have a good support, the chance
to experienced Bullrun is highly anticipated.

Make sure to DYOR and bring a huge amount of patience after buying your coins.

[dunfida]

the bullrun is getting closer and if we haven't accumulated altcoins then do it,
because if you don't have a favorite altcoin to hold until 2025 then you can regret it,
reportedly the bullrun will be more intense than before.

Better to do your research in terms of holding an alt coin, there are many available options that you can pick after doing your research, while
Bullrun is nearing you need to make that you do are done studying what coin/s to hold.

I see your point about regretting, if you didn't hold any of those available potential assets, both new and old projects that have a good support, the chance
to experienced Bullrun is highly anticipated.

Make sure to DYOR and bring a huge amount of patience after buying your coins.

The torn in between choosing new and old coins is really not that shocking because even myself is really that having that kind of hard situation on where there are really some new projects or coins which it does really

have that actual utility and tech which is something that could go in par with those old ones but they arent getting that sufficient support for now but we cant really be that so sure that they would really be dumped
later on. This is why it is really that all depends on your risks appetite whether you would really be allocating some funds for you to invest or you would be still sticking into those old but still good
projects in the market.

Speaking about bull run then it is really just around the corner and this is why it would be sensible for you to take your positions while its still not late because once the market would really be kicking
in already then you would really be getting left behind and would really be waiting for another cycle for you to place again yourself on the bottom.
This is why as of now that you do still have the chance then it would be just right to take such action.

[gaston castano]

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?

maybe this is the start of the good news, I also believe that at this time it all depends on the good or bad things being discussed.
it all depends on the news and information circulating.

[gunhell16]

In my opinion, we are already in a Bull run, because if you look at the movement of Bitcoin's value, it is going to be aggressive again in the market because of its volatility.

That's why as long as it's too early to do dca whether it's bitcoin or another cryptocurrency, it's difficult if we don't even have bitcoins or altcoins saved in our wallets when the bull run comes. But do your own research to find out.

[doomloop]

Remember that Binance as well goes out of China if I remember it right, so CZ really knows a thing or tow as how the Chinese government works specially with crypto exchanges that's why majority of them leave China for good. And some people might see this as a positive development, as it could lead to increased regulation and oversight of the cryptocurrency industry in China.  But once some of this FUD is gone then there will be an increase in the price of Bitcoin and a bull market will come soon. Now just need to buy and hold, it's the best thing now.

Even if you are not CZ you will likely have a plan to go out of China because your government is going to ban crypto. Good thing CZ decided it, if not then his company won't grow huge like this. Us who are outside China, also know how the government of China works. Yes that's right. They are very strict in almost everything.

We are lucky that we are not born on that country but there might be advantages living there. One of it is that you will become a well-disciplined person. Banning of crypto has never been a positive thing for us but maybe only for those people who are anti it. FUD's does not stay so indeed that a bull run can come soon.

[Weawant]

Why are you surprised that bitcoin can't break through $30k? Because as you said in your experience, the bull market will only appear after the halving occurs. I find it quite contradictory in your statement.
Furthermore, if you believe that the bull season will only begin after the halving, that means you believe in history, believe in the 4-year cycle of the market. Even if bitcoin breaks through $30k and stays above it, that doesn't mean we'll enter a bull season this year.
Why should we stress when bitcoin is still under $30k? I think that is more positive than negative, we will have enough time to buy bitcoin cheaply.

I'm surprised because Bitcoin was doing so well last two months that it should have stayed above $30,000. As we're staying below $30,000 it's just a matter of time before the price falls below $25,000 then $20,000 and the panic begins to happen.

The more we stay below $30,000 the sell orders will keep increasing and since we're in a bear market, there won't be enough counter buy power to keep the price from crashing and taking the price down to a lows that would cause panic in the market.

I never said we were in the bull market, we're in the bear market but still not the worst stages of the bear market therefore we should have be seeing some positive movement in the market. If Bitcoin can stay above $30,000 that'll be great as it'll give hope.

[robattfield]

Bitcoin's positive rally from 16k to 30k indicates a significant recovery in the crypto market. The news is also released in a way that can show a bullish market signal. Including outstanding news from China and doing well in the crypto market. However, I see that the price increase is only due to the hype of the news, not stability, because the world economic and financial markets are still very difficult with the raging inflation. If there is no money inflow, the liquidity will be unstable, so the new rally is still just beginning, but it has not really been confirmed whether the bearish trend has been broken or not.

[Oasisman]

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?

Hmmm I doubt. There might be a small impact bitcoin's price but doesn't mean it's going to pump big time. There has been news like this where cities shows signs of interests which was also broadcasted but didn't do much of an impact to the market. Not unless if China announces that they are going to lift the ban on cryptocurrency. That for sure will create a huge impact in bitcoin, considering the number of people who has been restricted due to the challenging way of storing and buying crypto as a result of the ban China has imposed.
Nevertheless, we're heading to the bull season as we approach the bitcoin halving.

[STT]

Good movement continues today, 4hr bars resolving above the weekly and today residing above the monthly average.  Its not yet a solid positive move but seems to be staging in an attempt to surmount any resistance remaining at 28.5k which would then confirm we achieved a positive resolution to recent weakness.   DXY has rebounded which can be very bad for alternate assets such as BTC, when DXY is lower then 100 then progress would be alot easier but that is not the case so far so this positive movement anyway counts for more imo.

[Sebas.tian]

Bitcoin's positive rally from 16k to 30k indicates a significant recovery in the crypto market. The news is also released in a way that can show a bullish market signal. Including outstanding news from China and doing well in the crypto market. However, I see that the price increase is only due to the hype of the news, not stability, because the world economic and financial markets are still very difficult with the raging inflation. If there is no money inflow, the liquidity will be unstable, so the new rally is still just beginning, but it has not really been confirmed whether the bearish trend has been broken or not.

Based on the news that is spreading around the world, show that something good is about to happen that will make people to start experiencing cash inflow so that they will be part of the bullish market that is about to begin in this new month of June. Now that the price of Bitcoin has increased to $27,654, showed that bullish season is very close and it can happen any moment from this new month to make both long term investors and short term investors happy. I don't think, many investors will miss this opportunity by continue holding in this difficult time because there is a better future ahead of those that will endure for this bearish season and wait for the bullish season to take over.

[Minecache]

Why are you surprised that bitcoin can't break through $30k? Because as you said in your experience, the bull market will only appear after the halving occurs. I find it quite contradictory in your statement.
Furthermore, if you believe that the bull season will only begin after the halving, that means you believe in history, believe in the 4-year cycle of the market. Even if bitcoin breaks through $30k and stays above it, that doesn't mean we'll enter a bull season this year.
Why should we stress when bitcoin is still under $30k? I think that is more positive than negative, we will have enough time to buy bitcoin cheaply.

I'm surprised because Bitcoin was doing so well last two months that it should have stayed above $30,000. As we're staying below $30,000 it's just a matter of time before the price falls below $25,000 then $20,000 and the panic begins to happen.

The more we stay below $30,000 the sell orders will keep increasing and since we're in a bear market, there won't be enough counter buy power to keep the price from crashing and taking the price down to a lows that would cause panic in the market.

I never said we were in the bull market, we're in the bear market but still not the worst stages of the bear market therefore we should have be seeing some positive movement in the market. If Bitcoin can stay above $30,000 that'll be great as it'll give hope.

In the first few months of the year, bitcoin skyrocketed, surprising us all. Instead of getting too excited and expecting more, we should be wary of such sudden and unprovoked price spikes.

As I also said, the longer bitcoin stays below 30k or will be dumped more, that is a positive signal for us, and the more time we have to accumulate bitcoin at a discount high. Like those who bought bitcoin when it dropped to $16k last year, and now they've made almost double the profit, while those who panicked and dumped are probably regretting it.

For me, the worst market is when bitcoin goes up, and we don't have too much bitcoin in our pocket. As for the bear market, it's not as scary or as bad as you say.

[TravelMug]

Bitcoin's positive rally from 16k to 30k indicates a significant recovery in the crypto market. The news is also released in a way that can show a bullish market signal. Including outstanding news from China and doing well in the crypto market. However, I see that the price increase is only due to the hype of the news, not stability, because the world economic and financial markets are still very difficult with the raging inflation. If there is no money inflow, the liquidity will be unstable, so the new rally is still just beginning, but it has not really been confirmed whether the bearish trend has been broken or not.

Nah, the China news or it's influence on the market is no longer there, this is no longer 2017, wherein every statement by the Chinese government will have a dire consequences to the market.

There are a lot of thing that happen after 2017 that push the influence of China down to a level in the bitcoin market. So that only true bull run will occur next year, just right after the halving and with that, we should be impacted and be sway by any news that we will hear, unless it's bitcoin block halving. But I will commend those who keep on buying and stacking BTC in order to be ready for the eventual bull run in 2024-2025.

[Wong Gendheng]

There is no sign of the bull run soon, maybe the bull run will occur at the end of the year or early 2024 because it approaches Halving which usually will make an explosion of demand in the market, before that happens we should buy now and the more real profit opportunities when the bull run At the end of the year the time is selling and can party at the end of the year.

[doomloop]

Well I think we are going to be in a 'bull run' soon. We are seeing many crypto experts making this same prediction saying next few months are going to be 'bullish'.

Price of Bitcoin in more than $28,000 and there is good news going on the worlds economies. So now is a good time to invest and put some more sats in your Bitcoin wallets because we are not going to see low prices like last month for a much longer time.

But, how soon it is? This is the reason why the @OP created this thread because he don't know when it will come. I know it's hard to claim an exact time or day but maybe just predict if what Month do you think it will come. I wonder if what is that good news in the world economy you're talking about. Is it the reduced interest rates? Or maybe the recession that we feel are now coming to an end?

It's a great news indeed and this might be the reason on why we are seeing a light at the end of the tunnel again because the price of Bitcoin is now starting to move upwards after a long time of being stranded in the $27k zone. Good time to invest must be last time but it's still okay to buy now or onwards if we haven't bought last time for some reasons.