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Author Topic: Bullrun top  (Read 940 times)
AmoreJaz
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March 16, 2024, 08:29:07 PM
Last edit: March 16, 2024, 08:43:54 PM by AmoreJaz
 #81

Coming to March 2024, we can see the current price of Bitcoin at $66,000. Bitcoin's bull market rally has already started and it appears that Bitcoin's ATH level is at an all-time high. Earlier, when the Bitcoin bull run started in 2021, the price of Bitcoin was the highest at $69,000. After a few months, the price of Bitcoin started to decline, and in 2022, its value dropped to $15,000. Now that the price of Bitcoin has been at $66k for a while now, Bitcoin is somewhat stable. Now let's see how much Bitcoin increases before its price halving. I personally think Bitcoin will cross $70,000 within a few days.

We really did surpass 70k mark. And achieved a new ATH in btc at around 73k+ after few days you posted this. If you happen to buy some at the 66k, you already got good profits. But who knows, we can really reach such price level in just few days? This is all we can do, speculate but how we act depends on what we really believed on the capability of this market. So even if understood that it is going up, but we don't do nothing, then our predictions are useless.

The market top will still occur in 2025 if you look at previous cycles, but if you are confident then you can buy from now on.
However, if you are in doubt, you can wait until the right time to buy.

As the halving is getting near, a lot of users are aiming to reach another ATH for btc. This is understandable. And if you truly believe such even will happen, you can start accumulating satoshis to your own advantage. That is, if you understood the drawbacks that you may possibly encounter as this is still a very volatile market.

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March 16, 2024, 08:56:15 PM
 #82

Hi all, long time investor   what's everyones opinion on this bullrun .?... IMO will see a market top q4 2024

each ATH (bullrun top) happens +1 year after halving
2011 ATH($30) year after first market open
2013 ATH($1.2k) year after 2012 halving
2017 ATH($20k) year after 2016 halving
2021 ATH($70k) year after 2020 halving
thus mid spring-summer 2025 prediction for next ATH (bullrun top)

halving year normally does not exceed previous ATH

2012 halving year reached $15:  did not exceed 2011 ATH($30)
2016 halving year reached $750:  did not exceed 2013 ATH($1.2k)
2020 halving year reached $20k:  did not exceed 2017 ATH($20k)

so 2024 pattern would expect to not exceed 2021 ATH($70k)

..
with that said. when a pattern is too well known. many people anticipate and plan to beat the pattern, thus breaking the pattern

nice call 📞 .  but do they really fuck with us and crash it.

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March 16, 2024, 10:46:13 PM
 #83

Out of gas is my rough take on what I can see today.   Its not yet over, this week that is & I'm only calling this short term action in its current cycle we appear to need to close back down below the old ATH and review prices in this area.    If weekly bar closes here and a few other signs add in to indicate some weakness and turn to a negative trend then don't fight price action as its normal.


My measure which I've used for years now is the weekly average, below it we are weak and recent prices at highest only just touched that measure and fell back.  We have attempted higher and failed, its not recovering the prices it needs to prove BTC is still positive in this moment.  So we are negative trend near term and set to continue downwards until we can find support.  Daily bar close today to confirm and this Sunday is the weekly bar that should seal our fate until and only if next week can solidly reverse this negative action can I change my mind, for now I'm set negative and looking downwards possibly & probably for the rest of this month.

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March 18, 2024, 12:27:26 PM
 #84

The market top will still occur in 2025 if you look at previous cycles, but if you are confident then you can buy from now on.
However, if you are in doubt, you can wait until the right time to buy.
As the halving is getting near, a lot of users are aiming to reach another ATH for btc. This is understandable. And if you truly believe such even will happen, you can start accumulating satoshis to your own advantage. That is, if you understood the drawbacks that you may possibly encounter as this is still a very volatile market.

The drawbacks won't matter when you're in profits when the bull season comes, patience after investing is what matters  because if you don't have patience you can't succeed in investing. From my research, there hasn't been any individual that invested in Bitcoin and hold that hasn't made profits. Holding will always give you profits because after Bitcoin halving, Bitcoin will reach a new highest price and then everybody that bought Bitcoin previously will be in profit if you have the patience and hold you'll see the top of the bull market. Becoming a great investor will require you to not see the pullbacks that happens to Bitcoin price as a negative thing, see them as a chance to accumulate more Bitcoin to hold. Bitcointalk bull run top happens a year after halving but don't get surprised when something different happend this time as the market is getting more unpredictable.

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March 18, 2024, 12:39:36 PM
 #85

The market top will still occur in 2025 if you look at previous cycles, but if you are confident then you can buy from now on.
However, if you are in doubt, you can wait until the right time to buy.
As the halving is getting near, a lot of users are aiming to reach another ATH for btc. This is understandable. And if you truly believe such even will happen, you can start accumulating satoshis to your own advantage. That is, if you understood the drawbacks that you may possibly encounter as this is still a very volatile market.

The drawbacks won't matter when you're in profits when the bull season comes, patience after investing is what matters  because if you don't have patience you can't succeed in investing. From my research, there hasn't been any individual that invested in Bitcoin and hold that hasn't made profits. Holding will always give you profits because after Bitcoin halving, Bitcoin will reach a new highest price and then everybody that bought Bitcoin previously will be in profit if you have the patience and hold you'll see the top of the bull market. Becoming a great investor will require you to not see the pullbacks that happens to Bitcoin price as a negative thing, see them as a chance to accumulate more Bitcoin to hold. Bitcointalk bull run top happens a year after halving but don't get surprised when something different happend this time as the market is getting more unpredictable.

History has shown us that after halving bitcoin will increase in price and reach new ATH levels and people also expect history to repeat itself, but that doesn't mean it will happen 100% for sure. We are seeing bitcoin make an ATH before the halving and that means things are changing and we don't know what will happen next. The ATH has been created and it is possible that bitcoin will not increase in price anymore, bear season will come, or bitcoin will continue to increase in price and create higher ATHs. Any situation can happen, so don't be subjective and don't have a backup plan.

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