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Author Topic: Is the bull run begun ?  (Read 1043 times)
DaNNy001
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January 20, 2024, 08:29:29 PM
 #81

I think the bull market began when we first heard about this Blackrock ETF. Right now I wouldn’t say it’s beginning. Maybe we are in the middle of it or even towards the end.

Keep in mind that many are expecting the etf approval to be an sell the news event just like the previous bitcoin futures, coinbase ICOs and bitcoin futures etf. And that is if it’s approved. This Wednesday it’s possible the Ark etf might get rejected and next week all those etfs might get delayed. If this happens we might visit $30K area fairly quickly.
ETF this ETF that, well they have approved the ETF and yet the much expected explosion on the price is still looking to trek as it's been doing for some time now, I think the news about the ETF actually made the big price jump we expected but the actual approval isn't actually doing anything, well that's from my opinion because I think the SEC already got what they wanted which is suspense that it going to be approved or not.

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January 21, 2024, 11:45:03 AM
 #82

Long-term analysis suggests that Bitcoin is in the bull run, but as far as the short-term analysis is concerned. I think a correction is about to hit the market, and we might see BTC dipping toward $35k. After the BTC halving event, the price will continue to increase gradually and reach a new ATH in 2025, as per analysis/ predictions.
ETFs might catalyze the bull run a bit earlier than expected, but the chances of this happening are limited because of certain technicalities and the trust of institutions. We might see price manipulation "now, more than ever". For reference, look at the BTC trends around deleted SEC tweets about BTC ETF approval. 

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January 21, 2024, 11:57:47 AM
 #83

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

You posted this thread when spot ETF for bitcoin is still waiting and now it is done yet Bull
seems to be not that friendly  so for me we are still in the waiting for the  Bull to come , actually there
are still caution we need to handle now ,because as the halving nearing yet the market is not showing
any significant to what we have seen in the past near halving season so lets get ready to what will
come in the next couple of months .

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January 21, 2024, 01:16:14 PM
 #84

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

Real Bull run will come after halving or not. we'll only find out after that. but I can tell you one thing for sure. we are not in the bull run yet. what we are now is called Bullish season. it could turn into a full bull run or change back to bearish or bear run.

I think the current market conditions have gone up in the last 3 months so we have to be prepared for a downturn before the halving starts, but some people also deny this and think that bitcoin will continue to rise until the end of this year, we don't know which is true, but sharing our opinions is also not a bad thing to exchange ideas.
You are right. all we can do now is make speculations, share our Ideas and listen to other's. but at the end of the day. bitcoin and rest of the crypto market will make it's own move accordingly then we'll know which speculation was accurate and which was not.

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January 21, 2024, 03:39:43 PM
 #85

with the current situation we should see a decline for now because the market has been rising for quite a long time, almost a full quarter.
and after that we will see the next market reaction based on news and other things that will always influence market conditions.
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January 22, 2024, 06:48:28 PM
 #86

Real Bull run will come after halving or not. we'll only find out after that. but I can tell you one thing for sure. we are not in the bull run yet. what we are now is called Bullish season. it could turn into a full bull run or change back to bearish or bear run.
The market situation has changed significantly after the $48k rise a few weeks and market conditions are really unpredictable because the market is easily corrected at the current $40k price, but however the market is still not the right time to enter the bullish season, we still have 3 months before the halving come and hopefully the market can return to a stable price of $45k.

but several analyzes suggest that market recovery will grow significantly in April or after the halving, so take advantage of the current market momentum to increase the value of your bitcoin assets with the DCA method, don't ignore the opportunity for diamonds to increase the value of bitcoin assets in your portfolio.

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January 22, 2024, 07:41:35 PM
 #87

Real Bull run will come after halving or not. we'll only find out after that. but I can tell you one thing for sure. we are not in the bull run yet. what we are now is called Bullish season. it could turn into a full bull run or change back to bearish or bear run.
The market situation has changed significantly after the $48k rise a few weeks and market conditions are really unpredictable because the market is easily corrected at the current $40k price, but however the market is still not the right time to enter the bullish season, we still have 3 months before the halving come and hopefully the market can return to a stable price of $45k.

but several analyzes suggest that market recovery will grow significantly in April or after the halving, so take advantage of the current market momentum to increase the value of your bitcoin assets with the DCA method, don't ignore the opportunity for diamonds to increase the value of bitcoin assets in your portfolio.
Because there is still a lot of FUD that can affect the price of bitcoin until now, I heard the news that FTX liquidated $1 Billion GBTC as an outflow and that was revealed in the Coindesk report, meaning in this case there is still an influence where bitcoin will not be bullish in the near future.

I also see some other analysis that after halving the price of bitcoin will remain stagnant because the process will not quickly recover, I realize this is indeed after halving do not expect bullish in a short time there must be where we wait in a few months that's what I see from some charts.

It should now take advantage of the momentum, bitcoin is in the range below $40K meaning the price of bitcoin can go down you can buy lower.

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January 22, 2024, 09:52:20 PM
 #88

with the current situation we should see a decline for now because the market has been rising for quite a long time, almost a full quarter.
and after that we will see the next market reaction based on news and other things that will always influence market conditions.
Today the decline in Bitcoin prices has been quite significant and has even been more than 4% even though the price itself is still around $40K. However, this is enough to be considered a fairly sharp decline even though the change in the price of Bitcoin itself is still not that significant due to today's price decline. But everyone can see that the market is back in the red today due to Bitcoin's drop of over four percent although we might still see a better bounce after this.

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January 22, 2024, 10:03:22 PM
 #89

-snip-
Because there is still a lot of FUD that can affect the price of bitcoin until now, I heard the news that FTX liquidated $1 Billion GBTC as an outflow and that was revealed in the Coindesk report, meaning in this case there is still an influence where bitcoin will not be bullish in the near future.

I also see some other analysis that after halving the price of bitcoin will remain stagnant because the process will not quickly recover, I realize this is indeed after halving do not expect bullish in a short time there must be where we wait in a few months that's what I see from some charts.

It should now take advantage of the momentum, bitcoin is in the range below $40K meaning the price of bitcoin can go down you can buy lower.
Grayscale's massive selling has likely caused bitcoin's price to continue correcting in the short term - but this may only be short-lived as long as they need to pay holders who dumped GBTC. Of course there's no telling how long it will last and how much the price will correct again - but if this selling pressure has subsided, then the price will likely recover.

It will take time to expect a recovery and it will certainly take more time for bitcoin to start its big rise. Prices will likely be sideways instead bullish as investors should be wary of a lot of selling pressure at the moment - but accumulation and DCA seem like good options to consider before the halving.
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January 23, 2024, 06:04:53 AM
 #90

Indeed, there was an increase in the previous few months, but it is still not certain that there will be a further increase because corrections are still likely to occur at the beginning of the halving era, but that is what will encourage Bitcoin to move upward. Bitcoin will gradually increase after the halving era and will continue until the end of this year.It is clear from the peak that in 2025 there will be a renewable ATH, and we cannot yet determine whether it will occur in Q1 or after.It's time to keep buying and holding, and I agree to keep buying in any scheme to enjoy that increase.
Since all of these are on a level of possible assumptions, I still think there will still be a little pump accroos the $50k mark just before the halving. The market won't only continue to face correction, it will certainly get above the $48k border as of the last pump before the halving begins, this could be one last opportunity for people to begin entering the market as they might not get any other chance like this.
What you say is true,  everything is an assumption that may or may not happen, and what you say may indeed happen, and it is difficult to determine other than looking at the habits that have been created by bitcoin. But there is indeed good news about the ETF that has been approved and has withdrawn a lot of bitcoin from the market, so we hope that this influence will get a positive side before the halving era occurs, although we are always prepared for a correction that could also occur. But actually, the most important thing is the opportunity to buy immediately and hold as soon as possible to avoid things that might be misjudged.

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January 23, 2024, 06:49:56 AM
 #91

with the current situation we should see a decline for now because the market has been rising for quite a long time, almost a full quarter.
and after that we will see the next market reaction based on news and other things that will always influence market conditions.
One of those other things is Halving. which I am expecting would help Bitcoin's price to increase. and I also think that it's the reason why bull run is not starting yet. otherwise ETF approval was also speculated to be a big event for bitcoin.
I am not understanding why Bitcoin rate is constantly dropping now. the only thing coming into my mind is the halving. halving is upon us that is why investors are refraining themselves from buying Bitcoin for now. or maybe the big whales are manipulating the market so they can stack more bitcoins for themselves.

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January 23, 2024, 02:41:44 PM
 #92

Grayscale's massive selling has likely caused bitcoin's price to continue correcting in the short term - but this may only be short-lived as long as they need to pay holders who dumped GBTC. Of course there's no telling how long it will last and how much the price will correct again - but if this selling pressure has subsided, then the price will likely recover.

It will take time to expect a recovery and it will certainly take more time for bitcoin to start its big rise. Prices will likely be sideways instead bullish as investors should be wary of a lot of selling pressure at the moment - but accumulation and DCA seem like good options to consider before the halving.
I think it's only short term for the downturn because many people panic when someone shares a photo where Garyscale's transaction is shown on X.com then this will trigger a little market reaction, I think that's how complex FUD is right now because it will come from anywhere.

I see statistics say the beginning of the year towards the second month there is always a decline but I don't know, I just assume from the data, I feel the recovery will not take long maybe when the halving is getting closer the market reaction will recover, so now don't panic too much for anyone to HODL and keep buying Dips or continue to accumulate with DCA.

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EarnOnVictor
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January 23, 2024, 06:52:06 PM
 #93

I think the bull market began when we first heard about this Blackrock ETF. Right now I wouldn’t say it’s beginning. Maybe we are in the middle of it or even towards the end.

Keep in mind that many are expecting the etf approval to be an sell the news event just like the previous bitcoin futures, coinbase ICOs and bitcoin futures etf. And that is if it’s approved. This Wednesday it’s possible the Ark etf might get rejected and next week all those etfs might get delayed. If this happens we might visit $30K area fairly quickly.
ETF this ETF that, well they have approved the ETF and yet the much expected explosion on the price is still looking to trek as it's been doing for some time now, I think the news about the ETF actually made the big price jump we expected but the actual approval isn't actually doing anything, well that's from my opinion because I think the SEC already got what they wanted which is suspense that it going to be approved or not.
I've said it many times before the final verdict, the ETF was too priced by people and Bitcoin went up because of it. I knew it would not move too much higher than people expected after the approval, but for rejection, it would be about $35,000 by now. What the market reacts to and in the manner in which it reacts could be funny most times. Bitcoin this time decided to react with a bullish sentiment with the rumours and controversies surrounding the ETF saga rather than the actual approval. This is what we call market psychology, it could be funny and surprising and it is such that will keep people surprised if they are not thoughtful about it. ETF hype made Bitcoin move so much higher since late last year, and due to that, it caused the coin to be too priced. For it to reduce some of the value, it starts behaving as we see now, which is what we will see for weeks to come. The approval happened at a higher price when the market was due for a serious bearish correction, and hence the need to wait patiently now that is actully corecting deeper even as it falls for now. I do not see a bullish trend even in February unless otherwise stated on the trading chart.

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January 23, 2024, 07:23:14 PM
 #94

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

You can use the current value of bitcoin to equate the bullrun and bearish season, so I believe that bullrun is not yet to manifest because of what is happening currently at market of cryptocurrency and especially bitcoin in particular, before unlike two weeks now the market clamped to forty five thousand to Forty seven thousand [45k-47k] if I'm not mistaken of the values before until it started falling, so I believe that the price of bitcoin is rotational and we cannot predict the price and it stand to our predictions.

So we can't come inclusions that the price of bitcoin is something that is will continue to rise without correction, probably what's happening in bitcoin price right now is all about correction and it may likely bridge the bullrun correctly.

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January 23, 2024, 11:33:04 PM
 #95

In the short term the market may look like bearish, but in the long term market conditions are actually bullish. Most people believe that 2024 is a bullish year and ETF approval makes people's beliefs even stronger. there is no reason to say bearish, and the recent price decline is due to the previous price increase due to the ETF being approved. this is normal because to reach a higher point bitcoin needs to make a correction.
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January 24, 2024, 12:26:52 AM
 #96

with the current situation we should see a decline for now because the market has been rising for quite a long time, almost a full quarter.
and after that we will see the next market reaction based on news and other things that will always influence market conditions.
indeed that we have been seeing decline now after the big jump from 35k$ to 49k$  and I believe
that Bull seems to be come and go , what we are expecting to happen changing from time to time so from this
we really cannot tell if this is a Bull rally or just a Bull pump but whatever it is the best thing is that we must
be ready to what will come any time soon.
In the short term the market may look like bearish, but in the long term market conditions are actually bullish. Most people believe that 2024 is a bullish year and ETF approval makes people's beliefs even stronger. there is no reason to say bearish, and the recent price decline is due to the previous price increase due to the ETF being approved. this is normal because to reach a higher point bitcoin needs to make a correction.
Some do believe that 2024 is indeed the bullish market but remember that there are also others that
believe this is just a start and the true rally will happen in the coming year in which 2025.

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January 24, 2024, 04:11:36 AM
 #97

In the short term the market may look like bearish, but in the long term market conditions are actually bullish. Most people believe that 2024 is a bullish year and ETF approval makes people's beliefs even stronger. there is no reason to say bearish, and the recent price decline is due to the previous price increase due to the ETF being approved. this is normal because to reach a higher point bitcoin needs to make a correction.
Your opinion is very realistic, and I really agree that usually bitcoin will experience a correction to strengthen the impulse the next day to increase, and that is what bitcoin usually does.The influence of the ETF approval will clearly have an impact on Bitcoin, and it cannot be avoided that, in time, it will be clearly visible. Remember that in just 6 days, the Bitcoin ETF has earned 95,000 BTC. Of course, this is a surprise, and in the near future, this impact will be seen. This,  of course, will provide reinforcement to the movement of bitcoin.and it must be remembered that the halving era will begin to occur and that there will always be strengthening that can be done by bitcoin.

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January 24, 2024, 05:24:13 AM
 #98


In the short term the market may look like bearish, but in the long term market conditions are actually bullish. Most people believe that 2024 is a bullish year and ETF approval makes people's beliefs even stronger. there is no reason to say bearish, and the recent price decline is due to the previous price increase due to the ETF being approved. this is normal because to reach a higher point bitcoin needs to make a correction.
Some do believe that 2024 is indeed the bullish market but remember that there are also others that
believe this is just a start and the true rally will happen in the coming year in which 2025.

It's all just predictions and no one knows exactly whether the official bull season will take place in 2024 or 2025 or even 2026. But although this year the market has not yet entered the bull season, I am quite sure that it will not be a bad dumping year. In my opinion, 2024 will be a year with more good things than 2022 and 2023 because we have the halving and that is the main catalyst for us to have a new bull season. The bear season has really ended so we don't need to worry too much about bitcoin's short-term corrections.

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January 24, 2024, 06:12:03 AM
 #99

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.
There will definitely be changes, even if they are not significant, for example what happened last year, even though if we look at the previous cycle, this is not what happened.
Because of the many changes that occur that make the previous cycle change, I believe that.

Some people's view of Bitcoin in the future is quite positive after going through what happened and also policy policies for better prospects for the market in the future make that sentiment appear.

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January 24, 2024, 06:23:09 AM
 #100

It's all just predictions and no one knows exactly whether the official bull season will take place in 2024 or 2025 or even 2026. But although this year the market has not yet entered the bull season, I am quite sure that it will not be a bad dumping year. In my opinion, 2024 will be a year with more good things than 2022 and 2023 because we have the halving and that is the main catalyst for us to have a new bull season. The bear season has really ended so we don't need to worry too much about bitcoin's short-term corrections.
Exactly, I think that a lot of people are still thinking that someone can just know or indicate that a certain movement in the price is the start of the bull season when in reality, no one knows if that's the start or not or if it's already beginning, the only thing that we can be sure of is that when it's finally over, that in my opinion is the only time that we can be certain that a bull run has happened, we can probably use that to see how it starts but bitcoin is a volatile market and we might not be seeing the same pattern despite some repetition throughout the years.



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