Is the bull run near already?

[Weawant]

Looks like its getting closer. I get that some people may not end up seeing it work at the time but that doesn't mean that we are going to not have it soon enough. I think its quite important to realize that we are at a stage where its going to be quite possible for the price to make as much profit as it possibly could. I think its going to be a great situation and we are going to end up with a great profit in the end. I get it, its not easy to be optimistic about bitcoin price after 1.5+ years of bear market and this is why everyone is trying to be more decent about it. But that doesn't mean that its going to fail, I think its going to be as good as it gets without a trouble from here on out.

We're getting closer to the date which bitcoin reward is going to halve into two so we're closer to the bull market than we're closer to the bear market. With the stage the market is currently at, you won't lose when you invest in Bitcoin. If the price was to dip it'll come back up.

Right now is when we should be accumulating Bitcoin because the price might increase rapidly just as it did the last time and caught many people off guard. The price of Bitcoin is waiting for a positive news to move the market because it has been stable for a very long time.

Bull market might start from the ending of the year or by early months of next year because investors will be accumulating bitcoin as fomo will begin to get into the market as investors won't want to miss out of holding bitcoin before the halving then all time high happen in 2025.

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[STT]

In Feburary of this year we failed in a test of the 200 week average, this measure marked the highs of that initial recovery in pricing.  We fell back and it appeared BTC was still weakened and crawling on the floor maybe going lower.   Now its consistently done far better and we have risen above that same long term measure.  If we want an inverse of that test, a fallback but staying above positive the 200 week then the best measure of a bull run prep is to fail in pushing downwards.
  So 200WMA is 25k Feb and about 27.3k now, its important to note that MA are not volume at that level by themselves its merely an amalgamation of pricing not even the volume so its an approximation of momentum but the market also will tend to give it significance for speculative trades I think hence we seem appear to bounce at such levels despite no distinctive extra volume being there to hold or resist pricing.  My personal guess is to that indicator alongside the price action from March to June and guess about 28k for where we should be holding to prove any downtrend move in this phase has failed to gain traction ie. its unprofitable to be short etc.  hence we could rise from there.   Only then do we really have proper grounds to talk about bull run imo.

[YUriy1991]

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?

That's right, not for long of course. Going forward, what we will hear in the near future is that Bitcoin will become the first global money. So, my advice specifically for those who are still confused and don't understand, it's best to first understand the Bitcoin Bull Run Cycle, because I think it's common knowledge. Well, if we look at and pay attention to market behavior, something that experiences an increase will experience a decrease, and vice versa. Why? This is because investors will accumulate purchases when prices are cheap so prices will rise. Then, it will sell when the price is already expensive which causes the price to fall. So, if it's been read, are we still monitoring? of course not, right.

[Popkon6]

This normal increase in Bitcoin cannot be a Bitcoin Bull Run because this is how the price of Bitcoin will continue to improve. If we look back to the month of January, the price of Bitcoin was 15k. But from there, the price of Bitcoin has been steadily rising to around 29k. And for a long time the Bitcoin market has been moving in the same direction as the Bitcoin halving in 2024 is awaited. And investors will continue to hold bitcoins this season and only hold enough bitcoins until 2024-25. Because the bull run will continue already, which is a huge benefit for investors.

[beerlover]

I think bull run doesn't seem to be happening in the near future, even today the market is red again so it touches $28k, of course this makes me not think too short term, the thing that might make a bull run is early 2024 because there will be a halving day.

I agree with you but not with the prediction, in the past bull runs I've witnessed, the bull run always happens during bitcoin halving, but then, this is not to say that times are not changing, in-fact, if there be any thing I've been so worried about in crypto, is the fact that the coming bull run might be the biggest and the last  of its kind we will see or witness, but then, I don't think it will happen in the early next year as you have predicted, it might take up to the third, fourth quota or even the beginning of 2025 for the bull run to start.

But then again, when the bull run will happen isn't so important, what I think is more important right now is, for us all to invest, get prepared adequately so we wont be caught unawares.

We are going to end up seeing what's going to happen, everyone knows what happened in the past and everyone knows what to expect from the current situation as well, we are going to be waiting for this to make a difference as well and see if it will actually make any difference at all. That's the important thing, we need to make sure that we know what we are doing and how we can improve it.

I know that it's going to take some time but if we can actually make it happen, then it's going to be fine for sure, it's going to get some attention. I hope that people could make some big changes when the time comes but it's not going to be that easy. Hopefully if we live exactly the same, then there will be a lot of us who will make a lot of profit for sure.

[carlfebz2]

I think bull run doesn't seem to be happening in the near future, even today the market is red again so it touches $28k, of course this makes me not think too short term, the thing that might make a bull run is early 2024 because there will be a halving day.

I agree with you but not with the prediction, in the past bull runs I've witnessed, the bull run always happens during bitcoin halving, but then, this is not to say that times are not changing, in-fact, if there be any thing I've been so worried about in crypto, is the fact that the coming bull run might be the biggest and the last  of its kind we will see or witness, but then, I don't think it will happen in the early next year as you have predicted, it might take up to the third, fourth quota or even the beginning of 2025 for the bull run to start.

But then again, when the bull run will happen isn't so important, what I think is more important right now is, for us all to invest, get prepared adequately so we wont be caught unawares.

We are going to end up seeing what's going to happen, everyone knows what happened in the past and everyone knows what to expect from the current situation as well, we are going to be waiting for this to make a difference as well and see if it will actually make any difference at all. That's the important thing, we need to make sure that we know what we are doing and how we can improve it.

I know that it's going to take some time but if we can actually make it happen, then it's going to be fine for sure, it's going to get some attention. I hope that people could make some big changes when the time comes but it's not going to be that easy. Hopefully if we live exactly the same, then there will be a lot of us who will make a lot of profit for sure.

This is why people cant really just that wait and keeps on having that kind of speculative approach and feeling or emotion towards these kind of prices which they do assume out basing on what happened in the past.

For those new people then they would be basically be making out those price assumptions and predictions basing up on what they havent encountered before but since everything is written in history then we could always make  those manual checks and be wary on what are those movements that had been done. This is why making up research would really be totally relevant and something that you should really be
realistic on having those kind of price predictions and anticipations. In speaking about bull run then we do really have that 4 year cycle as we do all know and usually BR do kicks in on the time that halving
event of Bitcoin did already happen or just a few months after that on which we can really tell that this might be the time that it would really be making out such move.

Everything which is before the halving event is something that we can really tell that it would be making some start on that point which its unlikely or didnt really happen before.
This is why people had already been that anticipating that it would comes after which it would be a normal approach i should say.

[carlisle1]

This normal increase in Bitcoin cannot be a Bitcoin Bull Run because this is how the price of Bitcoin will continue to improve. If we look back to the month of January, the price of Bitcoin was 15k. But from there, the price of Bitcoin has been steadily rising to around 29k. And for a long time the Bitcoin market has been moving in the same direction as the Bitcoin halving in 2024 is awaited. And investors will continue to hold bitcoins this season and only hold enough bitcoins until 2024-25. Because the bull run will continue already, which is a huge benefit for investors.

It's not a guarantee but for sure people or investors who believes that the market will pump are continuing to buy more cheap
coins while waiting for the bull run.

There are traders who keep on buying and trying to work with their investment in order to earn more coins. They are anticipating that the
market will be good since halving is on the way.

It's your understanding that will let you be more patient and allow you to keep holding after buying your coins.