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Author Topic: Is the bull run begun ?  (Read 1080 times)
cryptomaniac_xxx
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January 07, 2024, 11:02:46 AM
 #21

With the current performance of Bitcoins, should we say that the Bitcoin bull run has begun or we should expect the real bull run  after the halving as usual.
The current market state is already bringing joy, is this a sort of trap or what could have led to the current positive market performance.

I do really think, sharing experience can help one learn and avoid the shock of greediness on investment. Tell us your view on bitcoins market performance recently

I think it's obvious that we are in a bull run, because of the ETF news and then we have the halving just around the corner. And the last lowest low that we had, due to the collapse of FTX is $15,500. But look at the current market price, it's already a huge increased and we are like up by 150% already.

So common sense tell us that it's over, the bear doesn't control the market anymore and the bulls is already slowly getting the herd to run. And if by chance we hear the approval of the Bitcoin Spot ETF, easy $50k'ish or more in the first quarter of the year or before the actual block halving.

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January 07, 2024, 11:27:21 AM
 #22

With the current performance of Bitcoins, should we say that the Bitcoin bull run has begun or we should expect the real bull run  after the halving as usual.
The current market state is already bringing joy, is this a sort of trap or what could have led to the current positive market performance.

I do really think, sharing experience can help one learn and avoid the shock of greediness on investment. Tell us your view on bitcoins market performance recently


Many people are of the point of view that due to ETF approvals and all this stuff, this year's bull market may be different and we may see all time high even before the halving.
Some analysts are the point of view that after bitcoin ETF approval, there will be a prolonged bitcoin bull market of 6 to 8 years and there may be no bear market.

I think these sentiments are too emotional and nothing of that sort is going to happen. Rather I think Bitcoin will behave like previous cycles and there will be no change whatsoever.

We all knew about these ETF events and many predicted a possible approval which pushed the price to 45k per bitcoin. If ETF approval news comes out some people will market buy with FOMO but is it really possible that those asset managers will market buy as well? I don't think so. So what will push the price above ATH? Those asset managers will mostly do OTC deals to buy bitcoin in bulk so it won't have much effect on the open market. We need something else on the plate to push the price up, but ETF approval will surely set the stage for the start of the bull run.
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January 07, 2024, 01:04:11 PM
 #23

I'm sure non of us here knows how the market will perform so I won't say because of the recent increase in price of Bitcoin automatically means we are in a complete bull run but we all should be prepared for both ways.

All people can do is predict or guess but non is really capable of knowing the out come of every thing. So we all just have to be mind full of what we do with our money in the Bitcoin market.
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January 07, 2024, 01:13:52 PM
 #24

With the current performance of Bitcoins, should we say that the Bitcoin bull run has begun or we should expect the real bull run  after the halving as usual.
The current market state is already bringing joy, is this a sort of trap or what could have led to the current positive market performance.

I do really think, sharing experience can help one learn and avoid the shock of greediness on investment. Tell us your view on bitcoins market performance recently

No doubt, it started when the price surpassed $40k but not yet to the fullest. However, despite the price surge can't just leave the confidence that it all goes that high straight, some corrections are still possible.

The market tells us that not all the time is at the bottom, there is also time to be on top, and that is where we are these days. However, we still need to wait for a few more days, weeks, or months to finally experience the ETH. Many speculations from several known personalities that we may reach $100k (and more). Simply we could say that more people are very optimistic and that drives newcomers to gain courage in risking their hard-earned money.
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January 07, 2024, 05:16:21 PM
 #25

The traps, as you mention, are created by the users themselves through their own mistakes when trying to position ideas that do not happen.

"Beliefs," that is, technical analysis and market readings, do not have to put you invest allin. Remember  always, no matter what the market situation is, you must understand that profit margin but not forget the possible loss margin.

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January 07, 2024, 10:13:09 PM
 #26

With the current performance of Bitcoins, should we say that the Bitcoin bull run has begun or we should expect the real bull run  after the halving as usual.
The current market state is already bringing joy, is this a sort of trap or what could have led to the current positive market performance.

I do really think, sharing experience can help one learn and avoid the shock of greediness on investment. Tell us your view on bitcoins market performance recently

No one will tell you for sure, since it is practically impossible to predict this; there may be many factors in the market that will instantly raise the market or bring it down. The general mood now shows that people are trying to accumulate more bitcoins and are preparing for halving, and I am also doing this same.
Closer to the event itself, I will also sell altcoins to strengthen my portfolio; there will be growth before the halving, but no one can say with 100% probability what will happen next.

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January 07, 2024, 10:39:55 PM
 #27

Technically Bitcoin is still far from any possible bull run,  although not that the possibility pf a bull run is not there,  it possible but based on the availablee data and liquidity in Bitcoin trade volume I am sure that we don't have such pressure yet to trigger a bull market at that moment and that is the reason why many of us Bitcoin analyze still look forward to after Bitcoin halves to see the next bull market propeller.

Maybe in the next 3 to 6 months from now,  we will see such possibility of enough liquidity that will usher in the next bull market

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January 08, 2024, 01:19:44 PM
 #28

The price increase now will definitely be associated with ETF news, a few days ago when there was news that the ETF was rejected, then reviewed again and there is still potential for this approval, maybe the price will start moving back to $45K, I said this is still a mini bullrun but if there is something negative news again the price can correct.

The future no one knows the accuracy of the price, guessing the price is fine as long as it makes sense with what you are analyzing, if you say bullrun from 2022 until now it is clear that we see a significant increase but still cannot exceed the previous ATH.

I think the halving will be the starting point, but it's never always on time but the bullrun will come one day, so make sure you're ready!

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January 08, 2024, 01:55:53 PM
 #29

i feel that it is not a bull run, but simply a market response to the development of etfs where the sec stated that they dismissed rumors that they would reject all requests regarding etf trading. as for that bull run, i feel that it will happen when the sec accepts the bitcoin etf and then continue until before the halving, that is my prediction.
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January 08, 2024, 02:08:49 PM
 #30

With the current performance of Bitcoins, should we say that the Bitcoin bull run has begun or we should expect the real bull run  after the halving as usual.
You can think of anything that you want to think. Whether it has already started or after the halving or whatsoever. What matters now is that we're actually approaching to the bull run and any signs that you're using for your speculation when it has started, it all matters to your satisfaction. Whilst many believed that the bull run has actually started, this isn't yet the actual or real bull run that we're expecting.

The current market state is already bringing joy, is this a sort of trap or what could have led to the current positive market performance.
I'd say that it's a trap when we're actually done in the bull run and when it has been followed by a huge dump but so far, haven't we seen one? none yet.

I do really think, sharing experience can help one learn and avoid the shock of greediness on investment. Tell us your view on bitcoins market performance recently
Many are greedy but it's the typical season that we're seeing now. After this halving and bull run, many will regret that they've never taken their profits. So, when the time has come and you think that it's time to get profits, bull run or not, just mind your own business by that time because everyone's going to be busy with our own things.

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January 08, 2024, 02:21:18 PM
 #31

i feel that it is not a bull run, but simply a market response to the development of etfs where the sec stated that they dismissed rumors that they would reject all requests regarding etf trading. As for that bull run, I feel that it will happen when the sec accepts the bitcoin ETF and then continue until before the halving, that is my prediction.
The Bitcoin ETF anticipation has been in the air for quite some time now,  and the market is reacting naturally to it,  and when we talk about the Bitcoin market movement we have to acknowledge the power of news in both positive and negative ways,  and in this case, Bitcoin all through the last quarter of 2024 has shown a lot of positive market behaviour that have to suggest a lot along a price correction pattern and for that,  we have to be sure of what news we ascribed the current bitcoin price benchmarks to.

But all the same,  I don't believe that we are at a Bitcoin bull market yet,  and for sure we have to wait a little bit longer to see when the bull run finally arrives.

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January 08, 2024, 03:02:00 PM
 #32

i feel that it is not a bull run, but simply a market response to the development of etfs where the sec stated that they dismissed rumors that they would reject all requests regarding etf trading. as for that bull run, i feel that it will happen when the sec accepts the bitcoin etf and then continue until before the halving, that is my prediction.
A lot of good and bad exchanging between parties led to the sudden crash and the recovery. As we are back to 45k USD level, we are recovering and I can say that bull run might be incoming. But I would hold my horses till we cross 50k USD. Yup, my targets are big and before that I would only call it a bull trap for the time being.

ETF or no ETF, dont let that stop you from collecting more bitcoin. Rejection after rejection eventually leads to acceptance because this is the future and there is no other better coin.

A lot of bad things have been dragging bitcoin down since the last year, we can be hopeful that the next all time high is coming soon.

 
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January 09, 2024, 09:39:56 AM
 #33

i feel that it is not a bull run, but simply a market response to the development of etfs where the sec stated that they dismissed rumors that they would reject all requests regarding etf trading. as for that bull run, i feel that it will happen when the sec accepts the bitcoin etf and then continue until before the halving, that is my prediction.
Maybe it will be nice if we actually understand the meaning of the word bull run. In in elements understanding, bull run can be said to be a continuous increase in the price of the cryptocurrency, bonds or any other volatile assets. Applying same definition to the bitcoin reality, we can say that we are experiencing bull run. Even if we are anticipating a bigger bull run in the future, it doesn't eliminate the fact that the market is no longer in the bear phase.

This bull run cannot be cut short whether or not SEC approves ETF. My confidence is that there are two things waiting to drive the market;
  • halving
  • ETF approval
If one fails, the other will do the job.

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kotajikikox
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January 09, 2024, 12:26:54 PM
 #34

With the current performance of Bitcoins, should we say that the Bitcoin bull run has begun or we should expect the real bull run  after the halving as usual.
The current market state is already bringing joy, is this a sort of trap or what could have led to the current positive market performance.

I do really think, sharing experience can help one learn and avoid the shock of greediness on investment. Tell us your view on bitcoins market performance recently


with thois price we are having how https://coinmarketcap.com/currencies/bitcoin/ and the graph showing more positive tomorrow , then I must believe that we  are truly entering Bull market now not mentioning that since December last year we are already making increase in prices from here and there so indeed this is a Bull run.

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January 09, 2024, 01:09:01 PM
 #35

With the current performance of Bitcoins, should we say that the Bitcoin bull run has begun or we should expect the real bull run  after the halving as usual.
I think everyone should act like the bull run has begun already. A few months ago, in late 2023, I advised someone to invest in Bitcoin and hodl. For me, it was at that point I started suspecting the bull could've started. On hindsight, it's clearer now that it was around that price level the rebound started. Consequently, the person I advised never made the move to buy then. I'm sure he's going to regret it big time when the post halving effect begins. It's often massive. Those of you witnessing it for the first will surely be perplexed when it begins. As for those who like waiting for others to buy first before they buy, you're more likely to miss the rally.

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January 09, 2024, 02:47:04 PM
 #36

With the current performance of Bitcoins, should we say that the Bitcoin bull run has begun or we should expect the real bull run  after the halving as usual.
The current market state is already bringing joy, is this a sort of trap or what could have led to the current positive market performance.
For me, the current market conditions are not a trap, especially the Bitcoin price. In fact, currently the market conditions for Bitcoin should be experiencing excitement after a long wait.
2021, the last time we were in an encouraging condition. After that we are in a condition where we have to survive.
Bitcoin spot ETFs are part of what will lead to positive performance. The former SEC chairman said a Bitcoin ETF is inevitable because it is a big step, not just for Bitcoin but for all finance in general[1].

[1]. https://cointelegraph.com/news/bitcoin-etf-approval-inevitable-sec-chair-former-jay-clayton

 
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January 09, 2024, 03:00:56 PM
 #37

The atmosphere is quite positive right before the possible approval of the Bitcoin spot ETF. However, would there be panic selling if the ETF doesn't get approved? Either way, nothing seems to be affecting BTC much. I've been holding for a while, so might as well keep holding despite all the negative chatter.

BTC is consolidating; there's no significant drop. I believe that when everyone loses hope and gives up, that's when it will go up.
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January 09, 2024, 03:27:00 PM
 #38

With the current performance of Bitcoins, should we say that the Bitcoin bull run has begun or we should expect the real bull run  after the halving as usual.
The current market state is already bringing joy, is this a sort of trap or what could have led to the current positive market performance.

I do really think, sharing experience can help one learn and avoid the shock of greediness on investment. Tell us your view on bitcoins market performance recently

bullrun has started since September 2023 then in my opinion, but it is confusing because there are still many people who say bullrun has not started and bitcoin will return especially to the price of $ 16k. it seems to go back to their respective views in assessing the bullrun there is bitcoin, most people judge on the continuous increase in price and exceed certain price targets that they consider as indicators of bullrun.

To ensure bitcoin bullrun or not depends on what you see from bitcoin itself and what the future opportunities are, rather than calculating when bullrun, while bitcoin today is the standard price below $50k then accumulate bitcoin for provisions towards ATH.

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January 09, 2024, 03:33:51 PM
 #39

With the current performance of Bitcoins, should we say that the Bitcoin bull run has begun or we should expect the real bull run  after the halving as usual.
The current market state is already bringing joy, is this a sort of trap or what could have led to the current positive market performance.

I do really think, sharing experience can help one learn and avoid the shock of greediness on investment. Tell us your view on bitcoins market performance recently

We aren't on the bullrun yet, before we can accept that bitcoin bullrun had begun, then we have to first got to where we are coming from which is the bitcoin last all time high of $69,000 and then anything we are having above that could be termed as a new all time high after which the halving would have taken place and bullrun had fully begun, this is what will make every long time holders profitable as the bitcoin value increases.
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January 09, 2024, 06:04:53 PM
 #40

After yesterdays action I'd describe BTC as bullish however the dollar also has recovered from its lows, its still in a range but we challenging the top of the recent dollar range.  Hopefully no further strength in the dollar will allow BTC to cement its recent  gains.
  If we keep 43.2k as the low or support for BTC on the rest of this week, close out well above thats another good week for BTC and I hope for more to come.   If we get this positive but fail to maintain it that could mean much longer till the bullish action is as apparent as it is now.  The ideal is to build gains and momentum with it.

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