Bull season started?

[martinex]

The price of BTC in one second can change quickly. For now, is there a potential for another fall to 34k and if it rises to 37k, because according to that it is most likely if we look at the BTC price movement chart. But, prices are now starting to go up at 35.5K. What is certain is that a number of price swings create trading opportunities. So in any case a review of the information is necessary.

[rodskee]

-snip-
Time to buy? If you can risks then yes it is, because we wont know if we would really be heading next on 40k after this one.
It is really that hard to have such guess.

Any price before reaching the previous ATH is still worth it to buy.
When the price is below $20k still asking if it's time to buy, when the price reaches $30k still asking if it's worth it to buy.
That question will always be with people who don't believe and don't know how the market works.
Buy now and hold, this is an opportunity before Bitcoin reaches ATH $100k++.

I really don't understand why there are questions: is this the right time to buy, will bitcoin price fall further? when is a good time to buy and hold?...Meanwhile, any of us can see that the current price is still heavily discounted compared to the old ATH we had. If this is not the right time to buy then what is the good time to buy if bitcoin rises to $40k in the coming days? I believe that people who until now still ask those questions will never buy bitcoin, simply because they do not trust bitcoin.

Let them have their question because obviously those people are either not understanding the
system or maybe newbies? or others are just spamming the forum with their same old something questions.

I for once stopped asking about those instead I accumulate each time I have funds to risk in
my crypto journey as I believe Bitcoin will always bring me profit no matter how long i waited.

The recent surge in BTC to the $35k region has led many to believe that the bull market is back. Some analysts believe this is just the effect of historical October patterns, and we may see a significant pullback for accumulation and liquidity purposes before the bull season kicks off. I'm confused, which is why I'm here. What's your opinion, fellow traders?"

Bitcoin now has more chances of increasing in price further than it has to decrease in price, I'm looking for the BTC's next major correction to the downside when the price gets to $50k or $69k which is psychologically a major zone of resistance that brought us way down here. I could guess that a lot of investors who bought at $50k- $69k and were thinking that Bitcoin was headed to $100k while they got trapped, may tend to take a breath seeing the market come to them once again and other factors that could cause brief sell-off.

Bitcoin bullrun hasn't started yet, but we are warming up already in preparation for that, the market will definitely rise and the target is about the closeness to the halving by next year, but not until then, we should be expecting the market to maintain being on this same pump from now on, there's no much significant bear till the year ends and we still have a long way to go from where we left which is $68,000 before the bullrun commences after halving.

Or it started a small run? because we have seen a double digits increase and with more than 20%
pump that should be considered as bullrunning already. but yes the total Bull will come in the next coming years.

[Davian144]

The price of BTC in one second can change quickly. For now, is there a potential for another fall to 34k and if it rises to 37k, because according to that it is most likely if we look at the BTC price movement chart. But, prices are now starting to go up at 35.5K. What is certain is that a number of price swings create trading opportunities. So in any case a review of the information is necessary.

The current Bitcoin price is also not too far from the $37K price that occurred this month, so you don't need to panic about the decline because some traders are still quite happy to see this. And maybe that's because they want to keep buying more at the current price so that they have assets when there is another increase in Bitcoin and this price change is quite normal for Bitcoin and there is also no need to create excessive panic because of it.

[arabspaceship123]

If Bitcoin falls in value to $34k or rises to $37k it doesn't show it's the start of bull season. I wouldn't say it's a bullish period today because the price of BTC can change in one second. The price's swinging but it isn't enough to bring the start of the bullish period.

The price of BTC in one second can change quickly. For now, is there a potential for another fall to 34k and if it rises to 37k, because according to that it is most likely if we look at the BTC price movement chart. But, prices are now starting to go up at 35.5K. What is certain is that a number of price swings create trading opportunities. So in any case a review of the information is necessary.

[blckhawk]

Federal agencies are like dinosaurs when it comes to making decisions, so don't be surprised when they move very slowly with the approval process. Also, the SEC is not in a rush to approve any Bitcoin ETF, so all this price rising and hype surrounding ETFs is premature, and it will potentially cause a bunch of mini-hikes and mini-dips for the next year (or at least several months).

Can't really blame them, with all bureaucracy in place, I don't think that it's going to be a fast moving process. I've worked in a government agency before and even if the effort that we put in to finishing on time, we're always going to be held up anyways because other departments take their time and they are also asking for approval from other departments and most of the time, these department approval have to be signed by the head of that department before letting it loose into the other departments asking for it, that's why the word Kafkaesque is invented I guess? I'm curious as to what's going to happen when it's finally approved though? Will it be a big hike or the other way around?

[fzkto]

If Bitcoin falls in value to $34k or rises to $37k it doesn't show it's the start of bull season. I wouldn't say it's a bullish period today because the price of BTC can change in one second. The price's swinging but it isn't enough to bring the start of the bullish period.

The price of BTC in one second can change quickly. For now, is there a potential for another fall to 34k and if it rises to 37k, because according to that it is most likely if we look at the BTC price movement chart. But, prices are now starting to go up at 35.5K. What is certain is that a number of price swings create trading opportunities. So in any case a review of the information is necessary.

I think it's not the bitcoin price that's worth paying attention to right now, but the way altcoins have started to rise. Another good sign for future growth is the printing of tether. In the last month tether printed a lot of stablecoins, which will have to appear on the market. It seems to me that these are signs of the bulls coming back.

[$crypto$]

I think it's not the bitcoin price that's worth paying attention to right now, but the way altcoins have started to rise. Another good sign for future growth is the printing of tether. In the last month tether printed a lot of stablecoins, which will have to appear on the market. It seems to me that these are signs of the bulls coming back.

Have you noticed altcoins going up so that's a bullish sign? Don't we know it starts with the movement of bitcoin first and then altcoins follow?

I don't see any sign from any altcoins, still looking at the movement and issues out there about bitcoin that obviously affect it, especially the ETF filing that will be approved according to the news even though it hasn't happened yet then this will be a bullish sign right?

About Tether minting a lot of stablecoins I didn't notice, this has absolutely no influence with bitcoin.

[Dr.Bitcoin_Strange]

I don't think that the concerns of investors that panic have anything to do with the fact that they haven't seen a bull run yet, but it's just that they can't see their portfolio losing value and when they see that happening, they start panicking because they feel that their investments will keep losing value and might even lose everything they have invested.

But this is something that can rarely happen to Bitcoin investors, unless someone invests in some altcoins, where the value can drastically drop until the investor is left with not even 10–20% of their invested amount. If someone actually invests in Bitcoin, then there is nothing to panic about because we are not yet in the main bull market; it's only newbies that should even panic because they are not well experienced and educated about everything they need to know about Bitcoin. Even if the price drops, then it's a good opportunity to buy more and prepare for the bull market that has not even started.

[kentrolla]

I don't think that the concerns of investors that panic have anything to do with the fact that they haven't seen a bull run yet, but it's just that they can't see their portfolio losing value and when they see that happening, they start panicking because they feel that their investments will keep losing value and might even lose everything they have invested.

But this is something that can rarely happen to Bitcoin investors, unless someone invests in some altcoins, where the value can drastically drop until the investor is left with not even 10–20% of their invested amount. If someone actually invests in Bitcoin, then there is nothing to panic about because we are not yet in the main bull market; it's only newbies that should even panic because they are not well experienced and educated about everything they need to know about Bitcoin. Even if the price drops, then it's a good opportunity to buy more and prepare for the bull market that has not even started.

That's the difference between Bitcoin and Altcoins thus, seasoned investors opt for Bitcoin over Altcoin when it comes to investment but we need to agree on one thing that Altcoin gives more returns than bitcoin but the volatility and risk factor is there that's the problem and one of the reason long term users stay away from Altcoins. Suppose we invest in Bitcoin and sle dumps ven to just 10% of capital still we know it will recover in upcoming years but with Altcoin we don't have that guarantee rather we don't even know if it will exist or not. Now coming to challenges with Altcoins is that every bullrun we see new set of altcoins getting pumped up and the one which outshined last time don't repeat the trend most often hence Altcoin is only for short term if you are actively involved in trading.

Sometimes experienced users make this mistake of going with Altcoins for longer run.

[Onyeeze]

The recent surge in BTC to the $35k region has led many to believe that the bull market is back. Some analysts believe this is just the effect of historical October patterns, and we may see a significant pullback for accumulation and liquidity purposes before the bull season kicks off. I'm confused, which is why I'm here. What's your opinion, fellow traders?"

Theirs nothing to talk about again because the way I'm seeing everything concerning bitcoin market I seems it like something I know very well that is not bullrun but later I began to look at things that is indifference from other speculation of bitcoin reaching big amounts or small amounts, so what I know of bitcoin right now is that Bitcoin can rise now and next 30 minutes you see bitcoin falling but what we are seeing now in the price of bitcoin we can conclude the price of bitcoin that is in bullrun

[Baofeng]

The recent surge in BTC to the $35k region has led many to believe that the bull market is back. Some analysts believe this is just the effect of historical October patterns, and we may see a significant pullback for accumulation and liquidity purposes before the bull season kicks off. I'm confused, which is why I'm here. What's your opinion, fellow traders?"

Theirs nothing to talk about again because the way I'm seeing everything concerning bitcoin market I seems it like something I know very well that is not bullrun but later I began to look at things that is indifference from other speculation of bitcoin reaching big amounts or small amounts, so what I know of bitcoin right now is that Bitcoin can rise now and next 30 minutes you see bitcoin falling but what we are seeing now in the price of bitcoin we can conclude the price of bitcoin that is in bullrun

Just show how volatile the market is, it's either you embrace it or not, up to you. Maybe right now, you see the market as in the bear market, technically we are, however, we have gain so much from our last lowest low in the bear market. We have move past 100%++ increased.

Nevertheless, this is not a full blown bull run, it's that the market sentiments have shift already to being positive because of the news about the incoming Spot Bitcoin ETF approval, but we will have to wait and see how it goes. One thing is for sure, no one can stop the block halving for next year, which is the catalyst for a massive bull run in the next year or two, (2024-2025).

[poodle63]

The price of BTC in one second can change quickly. For now, is there a potential for another fall to 34k and if it rises to 37k, because according to that it is most likely if we look at the BTC price movement chart. But, prices are now starting to go up at 35.5K. What is certain is that a number of price swings create trading opportunities. So in any case a review of the information is necessary.

agreed with this one, current circumstance of bitcoin shows good opportunities for trading, profitting off the magin, even if the market swing and we missed some opportunities, we can just wait it out until next day and the tide has already been changing, but what I wonder is whether accumulating bitcoin at this time would still be great opportunity, we know that in bearish we can get the best value for our investment but right now the price has all be changing, bitcoin is already breaking through sub $30k and now currently might be increasing up to $40k in no time.
but then again it could also have some corrections, but seeing for the long term investment it would be definitely a good opportunity to accumulate, we are still too early for ATH and thats a good thing.
but only for long term investment, the short term investment might requires us to wait for corrections first to get the best opportunity of making profit.

[dansus021]

Break the crucial point of 35K so I consider this as a bull season since 35K level is at May 2022 meaning is a year ago and this is a major resistance if the price can stay at the above 35K level or side away around 30-40K level I think another bull is going to hit the market 

[Ricardo11]

I think the bitcoin bull market has started, because the value of bitcoin is constantly increasing. Its value is not stopping it is constantly increasing. Because the price of Bitcoin has gone from 26k to 37k in the last three weeks. In other words, its value increased by more than 10k within three weeks. So I think that the Bitcoin fertilizer market has started because it is still going up.

[Minecache]

Break the crucial point of 35K so I consider this as a bull season since 35K level is at May 2022 meaning is a year ago and this is a major resistance if the price can stay at the above 35K level or side away around 30-40K level I think another bull is going to hit the market 

But the halving is still quite far away and if we believe that history will repeat itself then we are just in the pre-bull phase, not really into the bull season. I think what's going on is just Fomo with the news regarding ETFs being approved before January 2024. Therefore, it is likely that the market will react strongly if news about the ETF continues to be delayed by the SEC. Many people are Fomo and worried when they see the market rising sharply, but I think we should be careful and not be too subjective at the present time.

[aylabadia05]

But the halving is still quite far away and if we believe that history will repeat itself then we are just in the pre-bull phase, not really into the bull season. I think what's going on is just Fomo with the news regarding ETFs being approved before January 2024. Therefore, it is likely that the market will react strongly if news about the ETF continues to be delayed by the SEC. Many people are Fomo and worried when they see the market rising sharply, but I think we should be careful and not be too subjective at the present time.

Because it has been below the price of 35K for a long time and now we have passed it, I can say that this is heading towards real bullishness even though the road map is still towards halving and we still have the possibility to buy before the increase continues.
Regarding the ETF which is still pending, that is a big bonus that must be utilized to welcome other bulls into the market.
Wanting to hold back as hard as he could, the bull's head couldn't be held back.

[Yaunfitda]

But the halving is still quite far away and if we believe that history will repeat itself then we are just in the pre-bull phase, not really into the bull season. I think what's going on is just Fomo with the news regarding ETFs being approved before January 2024. Therefore, it is likely that the market will react strongly if news about the ETF continues to be delayed by the SEC. Many people are Fomo and worried when they see the market rising sharply, but I think we should be careful and not be too subjective at the present time.

Because it has been below the price of 35K for a long time and now we have passed it, I can say that this is heading towards real bullishness even though the road map is still towards halving and we still have the possibility to buy before the increase continues.
Regarding the ETF which is still pending, that is a big bonus that must be utilized to welcome other bulls into the market.
Wanting to hold back as hard as he could, the bull's head couldn't be held back.

Just to be fair, after getting above $37k the previous day, the price goes on another sea of red, at least all crypto does. Not sure what negative news has pull the market down to red right now, but it doesn't look good if we are a investor. Nevertheless, another good time to buy, no need to wait for the price to go further down. Just do DCA and we will all be good stacking bitcoin.

As for the ETF, it's still pending as you have said, and the best time to speculate about a approval is next year. So hopefully, the price could bounce back again as everyone is waiting that at least this sort of bullish momentum will continue up to the end of the year.

[ShowOff]

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Because it has been below the price of 35K for a long time and now we have passed it, I can say that this is heading towards real bullishness even though the road map is still towards halving and we still have the possibility to buy before the increase continues.
Regarding the ETF which is still pending, that is a big bonus that must be utilized to welcome other bulls into the market.
Wanting to hold back as hard as he could, the bull's head couldn't be held back.

We are in a phase that is difficult to predict now where sideway is still the prima donna. The price of bitcoin has not been able to break $38k until today and it has caused the same correction as the previous two days even though yesterday it touched $37,980. To be honest, this is not the condition I most hope for when our optimism about market movements increases, but testing new support could make the bull run unstoppable in the next period.

I am very tempted to make short term trades and take advantage of the current market situation. But I prefer to maintain my long-term investment plans rather than ruin them after holding out for so long. To be honest, I lost a lot of value today and this affected my psychology a little, but I still stick to my plan and don't want to ruin it at all. In my opinion, this is simply the effect of the delay in the ETF or its announcement.

[arabspaceship123]

I've thought about if I should've started short term trades to bitcoin to USDT when I started stacking sats. It's risky because bitcoin fees aren't reliable so when you're selling to make profits you can't sell at the wrong time.

USDT's got lower fees for short term trades but bitcoin's where the real profit exists. If I'm stacking sats I'll try to continue long term to hodl because it's safer.

I am very tempted to make short term trades and take advantage of the current market situation. But I prefer to maintain my long-term investment plans rather than ruin them after holding out for so long. To be honest, I lost a lot of value today and this affected my psychology a little, but I still stick to my plan and don't want to ruin it at all. In my opinion, this is simply the effect of the delay in the ETF or its announcement.

[dansus021]

But the halving is still quite far away and if we believe that history will repeat itself then we are just in the pre-bull phase, not really into the bull season. I think what's going on is just Fomo with the news regarding ETFs being approved before January 2024. Therefore, it is likely that the market will react strongly if news about the ETF continues to be delayed by the SEC. Many people are Fomo and worried when they see the market rising sharply, but I think we should be careful and not be too subjective at the present time.

maybe continue doing dca is good point right now even good if we can get prices at range 30K to 33K level and forget about the ETF SEC there is a lot fake news out there and too much noise right now in the market and i believe that ETF gonna approved next year at the final deadline