Iamcrypticguy (OP)
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February 12, 2024, 04:22:43 PM |
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I just got a notification of BTC touching $50k. Is this the sign that the bull run is close?
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thecodebear
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February 12, 2024, 04:34:39 PM |
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Depends on what you mean by the bull run.
Some people view the bull run as having started after the bear market ends. Bottom of the bear market ended in March of last year.
Some people view the bull run as when the price starts going up a bunch, which could be several different times, could be starting last January, could be starting last October, could be starting now, could be starting later this year.
Some people view the bull run as starting once the ATH is reached because it means new ATHs and it is around that point when Bitcoin goes into explosive growth for a year, in which case it won't start until probably late Summer or Fall of this year.
Talking about "the bull run" is meaningless because you can define its length and start point in lots of different ways. Bitcoin is heading up to its next peak in 2025. That's all we need to know.
If you just want to know if Bitcoin will keep going up. The answer is yes, it will keep going up until it reaches the current market cycle peak, likely at some point during second half of 2025.
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BitMaxz
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February 12, 2024, 04:50:20 PM |
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What do you mean bull run is close? I think you mean that this is the end of the bull market after the price touched $50k we see a new high price this year but this is not yet the new ATH and it is not the end of the bull market because block halving is not done yet.
You are too excited for bear market be calm this is not the end of bull market we see price jump but that doesn't mean sooner or later bear market comes.
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spiker777
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February 12, 2024, 04:57:11 PM |
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I just got a notification of BTC touching $50k. Is this the sign that the bull run is close?
I think yes we can say that the Bull run has pretty much began. It is finally the time we've all been waiting for so long. some people might disagree with me. but I'd say that's my personal opinion. for me we are in the bull run season now. BTC might take small corrections from here. but will grow back eventually. Depends on what you mean by the bull run.
Some people view the bull run as having started after the bear market ends. Bottom of the bear market ended in March of last year.
Some people view the bull run as when the price starts going up a bunch, which could be several different times, could be starting last January, could be starting last October, could be starting now, could be starting later this year.
Some people view the bull run as starting once the ATH is reached because it means new ATHs and it is around that point when Bitcoin goes into explosive growth for a year, in which case it won't start until probably late Summer or Fall of this year.
Talking about "the bull run" is meaningless because you can define its length and start point in lots of different ways. Bitcoin is heading up to its next peak in 2025. That's all we need to know.
If you just want to know if Bitcoin will keep going up. The answer is yes, it will keep going up until it reaches the current market cycle peak, likely at some point during second half of 2025.
I am from second type of people. I think bull run is when market start to show constantly green signals and price start increasing, these are the sign of bull run. I think 3rd type of people are very low here. most of the people would agree with first and second.
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Iamcrypticguy (OP)
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February 12, 2024, 05:06:00 PM |
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I just got a notification of BTC touching $50k. Is this the sign that the bull run is close?
I think yes we can say that the Bull run has pretty much began. It is finally the time we've all been waiting for so long. some people might disagree with me. but I'd say that's my personal opinion. for me we are in the bull run season now. BTC might take small corrections from here. but will grow back eventually. Depends on what you mean by the bull run.
Some people view the bull run as having started after the bear market ends. Bottom of the bear market ended in March of last year.
Some people view the bull run as when the price starts going up a bunch, which could be several different times, could be starting last January, could be starting last October, could be starting now, could be starting later this year.
Some people view the bull run as starting once the ATH is reached because it means new ATHs and it is around that point when Bitcoin goes into explosive growth for a year, in which case it won't start until probably late Summer or Fall of this year.
Talking about "the bull run" is meaningless because you can define its length and start point in lots of different ways. Bitcoin is heading up to its next peak in 2025. That's all we need to know.
If you just want to know if Bitcoin will keep going up. The answer is yes, it will keep going up until it reaches the current market cycle peak, likely at some point during second half of 2025.
I am from second type of people. I think bull run is when market start to show constantly green signals and price start increasing, these are the sign of bull run. I think 3rd type of people are very low here. most of the people would agree with first and second. True. That's why I asked the question if the bull run has started.
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Hyphen(-)
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February 12, 2024, 05:06:37 PM |
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I just got a notification of BTC touching $50k. Is this the sign that the bull run is close?
You need to investigate the reason behind the pump of Bitcoin price before you can finalize if it is the begin of bull run or not. Although the Bitcoin halving is near, and we should expect a pump in Bitcoin so that the price will go close to its all time high before halving, this can be a sign for it because we have limited time and Bitcoin should have started going up even though the market direction is not predictable. The advice we always give to hold on to Bitcoin is very important, Bitcoin is now pumping while altcoins are not; therefore invest in Bitcoin and be safe.
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HideYourKeys
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February 12, 2024, 05:11:06 PM |
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I think the bull run will start a few months after the halving
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Ale88
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February 12, 2024, 05:35:32 PM |
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I just got a notification of BTC touching $50k. Is this the sign that the bull run is close?
We are entering a very interesting situation because right now many people withdrew their bitcoins from the exchanges, many bitcoins kept in wallets didn't move for several months, and the big funds behind the ETFs are buying way more BTC compared to the number that every day is being mined, so there is too much demand and not enough offer. I simply hope that we take a little break because I feel like we're running too much right now.
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Zlantann
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February 12, 2024, 05:57:52 PM |
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I think yes we can say that the Bull run has pretty much began. It is finally the time we've all been waiting for so long. some people might disagree with me. but I'd say that's my personal opinion. for me we are in the bull run season now. BTC might take small corrections from here. but will grow back eventually.
Everybody has their perception of the bull run. Some people believe that we have already entered the bull run while many people believe that it is a few months after the halving. This is indeed a good time for many Bitcoiners who have kept their coins regardless of the FUD that happened throughout these periods. It feels good to check on the price and see that it has kept appreciating. I just got a notification of BTC touching $50k. Is this the sign that the bull run is close?
You need to investigate the reason behind the pump of Bitcoin price before you can finalize if it is the begin of bull run or not. I suspect that the price is been pushed up by the demand for Bitcoin mainly from ETF managers. The price is pumping even when Federal Reserve Chairman Jerome Powell has indicated that the US central bank might increase interest rates to curb inflation. Bitcoin is just unpredictable because sometimes it is not affected by negative economic conditions.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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aoluain
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February 12, 2024, 06:18:45 PM |
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^ and we are only 2 months approximately from the halving!
yea, everyone has a slightly different recognition of when the Bull Run starts.
for me closing in on the halving it starts 6 months beforehand and gradually gains momentum as we approach the halving, so by my Reckoning the OP is about 4 months late with calling the Bull Run.
Heres another one to throw out there.... When there is a big sell off at ~$49,500 there will be people questioning this Bull Run!
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LesterD
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February 12, 2024, 06:36:26 PM |
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I just got a notification of BTC touching $50k. Is this the sign that the bull run is close?
It is hard to accurately predict when the bull run will begin or if it has even started yet. But, according to some experts, a correction may be on its way as Bitcoin has been rallying for a few days now. It's important to note that every time there is a sudden surge in price, there tends to be a correction, so it's best not to expect a continuous price increase.
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lombok
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February 12, 2024, 06:43:36 PM |
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I call Bitcoin's price increase to around $50K a price recovery. I personally would call Bitcoin a bullrun when Bitcoin is able to pass the previous ATH price which was reached in the $69K range. If it has passed this price we have entered the Bitcoin bullrun phase. If not, then this is still a recovery period and there is still doubt about the increase.
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BABY SHOES
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February 12, 2024, 07:50:21 PM |
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Many people say this is a bullrun but I can say YES but this is also called an early recovery since this year but anything can be a correction, I think there is positive news that becomes a bitcoin price rally.
Touching $50K was a record earlier this year but after the halving it will be a little different where the price will continue to be sustainable especially at the end of the year many experts say it will be a bullrun so I believe it is because the bitcoin market phase has entered bullish now.
It will be an interesting speculation after touching $50K on X.com many people say this is a bullrun or as a positive news, I enjoy now bitcoin is rising again.
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Lanatsa
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February 12, 2024, 07:59:31 PM |
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I just got a notification of BTC touching $50k. Is this the sign that the bull run is close?
No one can tell. We should really be that making ourselves do know that bull run isnt something that would be having that 1 path or movement to go or simply shooting up some God green candle. We can really have that gradual increase in price on which this is something that we cant really be able to tell whether its already bull run or not. Im not really that confident when it comes to this movement honestly. Trying to find out some reason on whats the actual thing that happened then no one really knows. Trying to check out some news and sentiments but i cant find one actually. This is one of the reasons on why this market isnt something that could be known or could be easily be predicted. One things for sure in my mind about bull run thing on which this is usually be happening on the time after that halving period.Just like on what i have said earlier, no one really knows on what would happen whether bull run could happen on pre-halving period or still the same on post-halving. So better to secure out your position but honestly im waiting for that one last dump.
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romero121
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February 12, 2024, 08:29:59 PM |
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With more than 50 days left for the halving event, the price has bounced well, crossing $50k, which assures that the bull run has begun. All users who have been holding for a longer period of time can now enjoy the profit of bitcoin. However, it is good to take the partial profit, which lowers the risk and provides the opportunity to buy back at a lower price before halving, as the market can once again experience a downturn to some point as there'll be a market correction.
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criptoevangelista
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February 12, 2024, 08:32:24 PM |
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The bull run started when it broke the 32k resistance, you are a little late.
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coolcoinz
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February 12, 2024, 08:36:48 PM |
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You know you're in a bull run when someone makes a thread about bitcoin touching a price and a few hours later the price is above that level.
What can I say, we've been in a bull run since January. There are diferent metrics people use, but usually the most important ones are: -price reaching consistent higher lows -staying above 200 WMA -being above 50% of ATH. For me it's the final confirmation, as usually we don't do that until the beginning of a new bull cycle.
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The Cryptovator
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February 12, 2024, 08:47:06 PM |
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Which price range suits the bull run, according to you? For me, when we surpass the $40K zone, I believe we are in the bull zone. Today, Bitcoin crossed $50K and is still growing. So overall, Bitcoin is on a bull trend. Don't expect to break previous ATHs over the night. It takes time to build Bitcoin. I am not sure yet if this is real bull or fake. But most likely, we will see a dump before the halving. Whales would create a panic to accumulate more bitcoin since halving is very near.
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Assface16678
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February 12, 2024, 10:54:10 PM |
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In my opinion, it is still not considered a bull run. Maybe we can just say that it is his new ATH for this year, and it is quite high because from the 40k range it went up to 50k, meaning bitcoin is still on fire. Expect that the price will drop or make a dip at some point as it is part of the market, but if these happenings keep on repeating, expect that bitcoin will increase more, more, and more profit. Luckily, I placed an open position in bitcoin when its price is still in the 40k range. Now what? After the bitcoin ETP, many investors or holders noticed the continued dip of bitcoin, but what now? It got up, and that's why bitcoin is not for everyone who can be easily swayed by a sudden price drop. I don't know if I should sell some of my holdings or just wait for an even higher price, but I don't plan to buy anything or anything, so maybe I'm just going to secure some profit.
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nakamura12
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February 12, 2024, 11:14:46 PM |
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If the bitcoin price starting from 50k dollars is still increasing then that's a sign where bullrun is coming. We can't really say what time or when will bullrun really start. If you are not sure when it is then it's better if you hold your bitcoin until bullrun. As of now, I think it's not the time for bullrun yet and maybe it is of ever the price of bitcoin increased to 60k dollars. I don't know if others will consider it as bullrun or not the time for bullrun yet.
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