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Author Topic: What is the Bitcoin bull market?  (Read 395 times)
umbara ardian
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February 24, 2024, 03:12:56 PM
 #41

You've heard about the crypto market – prices going up, prices going down, everyone talking about halving and making mad profits. The market moves in cycles, kinda like your mood – sometimes bullish , sometimes bearish , and sometimes just chilling in the accumulation zone.

The upcoming Bitcoin halving, where new coins get cut in half every four years, has some folks hyped for a bull run. But hold up, partner! Predicting the future is like trying to guess what your cat's thinking – impossible.

Don't just jump on the bandwagon because everyone's saying "bull market!" Do your own research, like a crypto detective. Look into different coins, understand the tech behind them, and remember, there's no guaranteed money machine in this game.

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February 24, 2024, 10:57:37 PM
 #42

The main reason why for Bitcoin Bull Run in the cryptocurrency market as s a function of Bitcoin halving that normally occur every four years, with that normally bring scarcity of Bitcoin in the cryptocurrency market as a result of high demand with a little supply in the cryptocurrency market.
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February 24, 2024, 11:07:46 PM
 #43

The main reason why for Bitcoin Bull Run in the cryptocurrency market as s a function of Bitcoin halving that normally occur every four years, with that normally bring scarcity of Bitcoin in the cryptocurrency market as a result of high demand with a little supply in the cryptocurrency market.

The Halving now will not impact bitcoin's supply as much, as we already have almost all of them on the market, but this narrative has always (until now) worked very well to define bitcoin's cycles, although I still think we will have an ATH before April, which would be unprecedented until now for BTC.

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February 25, 2024, 11:05:09 AM
 #44

The simplest way I can think of this is saying that the bull run is the gaining time and the bear run is the losing time. So a bull run means a time where a cryptocurrency (like Bitcoin), or even altcoins are appreciating in their price again. And the bear run would be the exact opposite. So if you want to invest, you’d want to buy when it’s going down and sell in the bull run (which is what people are doing).



 

 

 

 

 

 


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February 25, 2024, 12:14:39 PM
 #45

The terms bull market and bear market were coined in respect to the animals in their names. Typically associated with the animals’ mode of attack, these terms describe market movement.

A bull thrusts its horns upwards hence bull run indicates an upward trend. Cryptocurrency runs in cycle and there would be periods of time where the overall crypto market might be experiencing a bull run or an increase in market activities. During this time, prices are high and coins are in demand. It is essential that an investor identifies signs of a bull run so he can buy right before it starts.

In contrary, a bear run indicates a downward trend. The name was formed because bears usually tries to attack by swinging their paws into their opponent. As you can probably guess by now, a bear run is a period where prices are low and investors are losing trust. However a bear run might be the best time to buy coins so that when the bull run comes in again, you gain profit.

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February 25, 2024, 07:21:08 PM
 #46

I am new here few days ago I read post about bull market here.  And I read everyone's replies and understood a lot and didn't fully understand.  Tell me exactly what is the matter?

You read and understood everything, why the question again? That means you didn't understand everything you have read, you probably skimmed all through.

Bull market us triggered by Bitcoin halving and it's an event when Bitcoin subsidy is half, this means that the revenue that miners do to make Bitcoin along side with the fees is going to be reduce by 2, so to compensate them for their effort and security provided to Bitcoin network, people usually rush to buy bitcoin because the less supply will be available and that means the demand will be high and the price will increased, that's how bullrun start and usually make people to FOMO, the fear of missing out buying Bitcoin.

What you should know is that bullrun has happened every 4 years because halving is designed in Bitcoin to happen every 4 years but bullrun don't happen immediately, it might enter the second year after the halvbefore Bitcoin do attain a new time high but just know that nothing is guaranteed as bullrun but we always anticipate for it to happen, so but bitcoin and hold.

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February 25, 2024, 08:37:07 PM
 #47

The simplest way I can think of this is saying that the bull run is the gaining time and the bear run is the losing time. So a bull run means a time where a cryptocurrency (like Bitcoin), or even altcoins are appreciating in their price again. And the bear run would be the exact opposite. So if you want to invest, you’d want to buy when it’s going down and sell in the bull run (which is what people are doing).
Great analogy  but a bull market is simply a period wherein most of the crypto market prices are in an uprise movement simply because many people are buying. Interest means demand, if something is being anticipated to generate profit then it could trigger such thing in this industry. FOMO could result to a sudden and a bit continuous price increase. Manipulation could result to a short term increase. While in bullmarket, it could be for months or for a year, the market prices are breaking 'ceilings' or previous market price "high".

The event could be news related, adoption by many companies, progressive development in this industry or anything that could create a 'hype' for this industry. It is something which will sound or actually be good for blockchain technology in parricular with crypto space.

One good example is Bitcoin halving. Its previous occurence resulted to increase in demand and volume to this industry in general. Now that it is again being anticipated, many investors are accumulating. The act of buying creates a tide pushing other people to also do so and so forth.

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