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Author Topic: Bull run again, huh  (Read 888 times)
Nrcewker
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April 11, 2024, 01:12:03 PM
 #61

On this forum, I found out some information, and seriously want to ask it here.
What is a realistic expectation from the bull run, given  the last one in March 2021, Bitcoin hit  $61,000 and fell down to 31k about two couple of months later... It rose later on, amazingly though. But is this price fall normal in the bull run?? What is a helpful tip here.

The price never falls during the bull run. It falls after that. The price correction happens and people say it as bear market. Are you referring to the price correction segment? Then it will happen this time also. Many are expecting Bitcoins will lie between 50k usd to 60k usd. I would suggest you to don’t get stress much about the price. If you have money, then just invest irrespective of the price for 4 years straight. Definitely you will see the profits.

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April 11, 2024, 01:28:15 PM
 #62

On this forum, I found out some information, and seriously want to ask it here.
What is a realistic expectation from the bull run, given  the last one in March 2021, Bitcoin hit  $61,000 and fell down to 31k about two couple of months later... It rose later on, amazingly though. But is this price fall normal in the bull run?? What is a helpful tip here.
The price never falls during the bull run. It falls after that. The price correction happens and people say it as bear market. Are you referring to the price correction segment? Then it will happen this time also. Many are expecting Bitcoins will lie between 50k usd to 60k usd. I would suggest you to don’t get stress much about the price. If you have money, then just invest irrespective of the price for 4 years straight. Definitely you will see the profits.
Looking at history there will be no difference, but we never know how the current cycle will be the same or not? That is the question now, like the previous year's cycle before the halving there was no ATH now before the halving the price is already ATH so there will be something different from the past cycle I predict.

Even I will never bother if after the halving the price becomes a big correction of say 30% or higher because all I think about is how to provide fiat money to buy during the correction with many people panicking, I will not think about anything except taking advantage of the decline during this current phase.

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April 12, 2024, 12:50:05 AM
 #63

On this forum, I found out some information, and seriously want to ask it here.
What is a realistic expectation from the bull run, given  the last one in March 2021, Bitcoin hit  $61,000 and fell down to 31k about two couple of months later... It rose later on, amazingly though. But is this price fall normal in the bull run?? What is a helpful tip here.
you are asking about 2021 when you should have asked about this 2024 ? if you are asking about that specific growth in march 2021 and dumped then that is correction and again climbed up to 68k before the bear completely come.

but this year Bull run have had happened just after you posted this so myquestion is that "have you bought that day"? or continue asking the same BS again and not putting any money on it?
Try comedy too, aside Bitcoin. You made me laugh.
I asked what I asked for a purpose,  and it'd be sad for you to think I'll go around ' asking the same BS'...
And fyi, I have put money on it, alot. So why don't you get to the part where you actually contributed to the thread, since some other newbie may be scrolling around looking for answers. Oh wait. They probably already did before yours.
Man, ease up.
The first and last part of your post is just....
Well I rest it here.
Bad day it's been.
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April 12, 2024, 04:20:42 AM
 #64

I have put money on it, alot.
Chill man, calm down.
Good for you that you have this huge amount.
Instead, be happy that the price now was in the range of $70k.

I believe that the final ATH is in the $100k range because halving hasn't yet come.  So be ready for it.

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April 12, 2024, 12:43:20 PM
 #65

I have put money on it, alot.
Chill man, calm down.
Good for you that you have this huge amount.
Instead, be happy that the price now was in the range of $70k.

I believe that the final ATH is in the $100k range because halving hasn't yet come.  So be ready for it.

If we rely on history, the big bull season will usually only come after the halving and as I predict, it will start in the fourth quarter of this year. The halving hasn't even happened yet but bitcoin is trading at $70k, so is the highest ATH target for this bull season of $100k too low? I personally believe we can hit $150k or more and this will be the craziest bull run we've ever had. The Fed will soon lower interest rates, the economy will enter a recovery phase, ETFs, halving...all support that we will have a super cycle and the target of $100k is too modest.

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April 12, 2024, 12:54:17 PM
 #66

And fyi, I have put money on it, alot.
Most of the people will say that don't buy Bitcoin because it's expensive and OP just did bought Bitcoin and you're doing it correctly. While those people that suggests not to buy Bitcoin because it's expensive, they're the ones that's missing the whole point of this bull run. Yes, they may get 10x-100x or more with the altcoins that they're suggesting but how many actually of them were able to maximize their profits from it? Whilst for buying Bitcoin and holding it, you have no pressure holding it and regardless of your knowledge on the market, it's all starting with Bitcoin. This whole bull run is starting from the triggers that will be done entirely by Bitcoin through halving and the etfs that we've got already.

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April 12, 2024, 01:13:46 PM
 #67

And fyi, I have put money on it, alot.
Most of the people will say that don't buy Bitcoin because it's expensive and OP just did bought Bitcoin and you're doing it correctly. While those people that suggests not to buy Bitcoin because it's expensive, they're the ones that's missing the whole point of this bull run. Yes, they may get 10x-100x or more with the altcoins that they're suggesting but how many actually of them were able to maximize their profits from it? Whilst for buying Bitcoin and holding it, you have no pressure holding it and regardless of your knowledge on the market, it's all starting with Bitcoin. This whole bull run is starting from the triggers that will be done entirely by Bitcoin through halving and the etfs that we've got already.
Buying the price now doesn't matter because bitcoin will still reach its record ATH again, people who say there is no need to buy see the high price so doubt they will get a little profit.

Altcoins can indeed get x10 - x100 profits only a few people do that, but behind him can be high profits I am sure there are altcoins that are not worth when they were bought first, however I myself have experienced investing in long-term altcoins that ended badly.

Bitcoin, if you HODL not sell you will not lose, many moments occur in bitcoin that you mention, especially the halving which is getting closer to take advantage of the current price because I myself am optimistic about bitcoin to $100K.

R


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April 12, 2024, 01:37:31 PM
 #68

When it comes to talks about bullrun, its something very broad because there are many things that determines such and other things as well which we may have to consider during this period, but to be on a safer side, we have to remained positioned for the timing on when thins is actually going to occur so by doing that, we can compare the previous years chart to what we have already and also speculate on recent price in other to arrived at a particular target that will be profitable at our investment during the process.



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April 12, 2024, 01:57:09 PM
 #69

And fyi, I have put money on it, alot.
Most of the people will say that don't buy Bitcoin because it's expensive and OP just did bought Bitcoin and you're doing it correctly. While those people that suggests not to buy Bitcoin because it's expensive, they're the ones that's missing the whole point of this bull run. Yes, they may get 10x-100x or more with the altcoins that they're suggesting but how many actually of them were able to maximize their profits from it? Whilst for buying Bitcoin and holding it, you have no pressure holding it and regardless of your knowledge on the market, it's all starting with Bitcoin. This whole bull run is starting from the triggers that will be done entirely by Bitcoin through halving and the etfs that we've got already.


Altcoins can indeed get x10 - x100 profits only a few people do that, but behind him can be high profits I am sure there are altcoins that are not worth when they were bought first, however I myself have experienced investing in long-term altcoins that ended badly.



Those altcoin projects that can survive and are still being built diligently during the bear season can very easily generate x10 profits. There won't be too many projects to do that bring X100 profit, but x10 is something I find not too difficult to achieve. I don't know how your altcoin investment experience is when there are only losses and losses but I even made big profits from Pepe, RNDR, Sol even when the bull season has not yet arrived.

For those who do not want to take risks and prefer safety, bitcoin is the choice, but investing in altcoins is not too bad during the bull season. Don't use your experience to scare others just because you lost money from your experience.

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April 12, 2024, 02:51:56 PM
 #70

What is a realistic expectation from the bull run, given  the last one in March 2021, Bitcoin hit  $61,000 and fell down to 31k about two couple of months later... It rose later on, amazingly though.

Generally described for the period is the period as a period of consolidation.

But is this price fall normal in the bull run??

At least there is a lesson that we can take from the decline and increase in prices that are rising until now, namely that is how BTC works and is able to show the ability to recover quickly from the frenetic market that is known for its volatile movements and soon the halving phenomenon will come and we at least have a strategy that can increase profits when that moment is after or after.



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April 12, 2024, 04:22:05 PM
 #71

If we rely on history, the big bull season will usually only come after the halving and as I predict, it will start in the fourth quarter of this year. The halving hasn't even happened yet but bitcoin is trading at $70k, so is the highest ATH target for this bull season of $100k too low? I personally believe we can hit $150k or more and this will be the craziest bull run we've ever had. The Fed will soon lower interest rates, the economy will enter a recovery phase, ETFs, halving...all support that we will have a super cycle and the target of $100k is too modest.
I do believe that we are going to end up with a greater return, 100k is definitely too low and we should be seeing at least 150k if you ask me. I understand that some people may feel like that will not happen, but I think it is not impossible neither. Think about it, last time it was 20k going to 70k, this time 70k going to 200k would be very possible.

I think it should be considered and I believe that given enough time people would be able to make as much money as possible if they keep holding their coins. I believe that we are going to see some big changes here and there, but for that to work as well as we hope it would, we should be considering the situation to be changing and not really make any bigger moves.

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April 12, 2024, 08:42:41 PM
 #72

And fyi, I have put money on it, alot.
Most of the people will say that don't buy Bitcoin because it's expensive and OP just did bought Bitcoin and you're doing it correctly. While those people that suggests not to buy Bitcoin because it's expensive, they're the ones that's missing the whole point of this bull run. Yes, they may get 10x-100x or more with the altcoins that they're suggesting but how many actually of them were able to maximize their profits from it? Whilst for buying Bitcoin and holding it, you have no pressure holding it and regardless of your knowledge on the market, it's all starting with Bitcoin. This whole bull run is starting from the triggers that will be done entirely by Bitcoin through halving and the etfs that we've got already.
Buying the price now doesn't matter because bitcoin will still reach its record ATH again, people who say there is no need to buy see the high price so doubt they will get a little profit.

Altcoins can indeed get x10 - x100 profits only a few people do that, but behind him can be high profits I am sure there are altcoins that are not worth when they were bought first, however I myself have experienced investing in long-term altcoins that ended badly.

Bitcoin, if you HODL not sell you will not lose, many moments occur in bitcoin that you mention, especially the halving which is getting closer to take advantage of the current price because I myself am optimistic about bitcoin to $100K.
We knew about it, that after the halving Bitcoin will have another ATH. But we don't want to set the record and let those people that don't hold yet Bitcoin or have got plans of buying it to check it for themselves. We, that have been on this market and witnessed how many bull runs understand that each halving that passes by will have another ATH but we don't know when. This time, the gain that we might get with Bitcoin could be lesser in terms of 'x' because that seems to be the pattern and it might be 2x-4x or I hope that it could be more than that compared to the past ATH.

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April 13, 2024, 08:13:38 AM
 #73

If we rely on history, the big bull season will usually only come after the halving and as I predict, it will start in the fourth quarter of this year. The halving hasn't even happened yet but bitcoin is trading at $70k, so is the highest ATH target for this bull season of $100k too low? I personally believe we can hit $150k or more and this will be the craziest bull run we've ever had. The Fed will soon lower interest rates, the economy will enter a recovery phase, ETFs, halving...all support that we will have a super cycle and the target of $100k is too modest.
I do believe that we are going to end up with a greater return, 100k is definitely too low and we should be seeing at least 150k if you ask me. I understand that some people may feel like that will not happen, but I think it is not impossible neither. Think about it, last time it was 20k going to 70k, this time 70k going to 200k would be very possible.

I think it should be considered and I believe that given enough time people would be able to make as much money as possible if they keep holding their coins. I believe that we are going to see some big changes here and there, but for that to work as well as we hope it would, we should be considering the situation to be changing and not really make any bigger moves.


The goal of $100k is really a dream number in the 2021 bull season, but unfortunately things cannot work out as we expected. This year, $100k is not really a target to aim for as we are very close to it and it is only a matter of time before bitcoin reaches it, IMO.

I agree with you, $150k is the lowest target we are likely to see this bull season. If there are no unexpected black swans like the Russia-Ukraine war or Covid, I believe we will have a super cycle and the reason I also stated above. I believe that a super bull cycle is coming and we need to be patient, not panic sell because of insignificant fluctuations.

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April 13, 2024, 02:26:30 PM
 #74

When it comes to talks about bullrun, its something very broad because there are many things that determines such and other things as well which we may have to consider during this period, but to be on a safer side, we have to remained positioned for the timing on when thins is actually going to occur so by doing that, we can compare the previous years chart to what we have already and also speculate on recent price in other to arrived at a particular target that will be profitable at our investment during the process.
Bullrun is Bullrun, and people are waiting for this moment to come so they buy BTC during bear season and hold in preparation for these days. There is so much expectation in the price of Bitcoin. Some people are saying it reaches $100k, $200k, and more. And they have this insight as they believe that history repeats itself again. For sure, all of us are also waiting for the perfect time to sell and hoping not to miss it like it happened before.
Indeed, it is a matter of trust that investing in Bitcoin will give us rewards and all the efforts and waiting will be paid off.



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June 05, 2024, 06:23:26 AM
 #75

On this forum, I found out some information, and seriously want to ask it here.
What is a realistic expectation from the bull run, given  the last one in March 2021, Bitcoin hit  $61,000 and fell down to 31k about two couple of months later... It rose later on, amazingly though. But is this price fall normal in the bull run?? What is a helpful tip here.
3 months passed from when you posted this mate and wondering what can you say about
the market and from all the answers you gather here?
data says https://coinmarketcap.com/currencies/bitcoin/ bitcoin is still in roller coaster
now and seemingly to stay this way the rest of 2nd quarter.

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June 05, 2024, 03:12:25 PM
 #76

On this forum, I found out some information, and seriously want to ask it here.
What is a realistic expectation from the bull run, given  the last one in March 2021, Bitcoin hit  $61,000 and fell down to 31k about two couple of months later... It rose later on, amazingly though. But is this price fall normal in the bull run?? What is a helpful tip here.
First, let me correct you that the fall you talked about of Bitcoin did not happen in March 2021, the market ended positive in that month. What you wanted to quote started in April 2021 when Bitcoin almost hit $65,000, before it slipped back to selling which lasted until July of the same year. Even though July ended positively, it never started positively.

Regardless, the market is funny, and even in the middle of a bullish market, there could be a bearish correction, and even at times, there could be serious news or events that is negative to the prevailing bias. This could bring about FUD which could even attempt to change the whole bias of the market until it subsides and the true sentiment prevails again. This was what happened in my research.

Lastly, there is a monthly chart of "MagicTrend" support at $29,965 which the market tested in May, June and even July but was unable to successfully breach it lower since there was no monthly close below it. That was what helped the market to rise again until the price action became bullish over time which later helped Bitcoin to move even higher towards the former ATH at $69,000 before it eventually succumbed to the bearish cycle which is normal for Bitcoin after every successive bull run.

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June 05, 2024, 05:21:20 PM
 #77

The price never falls during the bull run. It falls after that. The price correction happens and people say it as bear market. Are you referring to the price correction segment? Then it will happen this time also. Many are expecting Bitcoins will lie between 50k usd to 60k usd. I would suggest you to don’t get stress much about the price. If you have money, then just invest irrespective of the price for 4 years straight. Definitely you will see the profits.

Price rise happens after the bull run but one mistake which an investor often makes is that they are dreaming the price rise will take place as bull season starts and when it takes time then they become unable to Handle their emotions and decide to sell at lower worth.

Bear and bull seasons are lengthy periods in which we will not continuously examine dip or pump and with little changes that happens regularly we cannot conclude anything regarding the finishing of any season.

People are assuming something wrong about the future price and put themselves in a stressful situation and this stress forces them to do something wrong and the main reason behind all these faults is ignorance and uncontrollable emotions.



 

 

 

 

 

 


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Mars,           
here we come!
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ElonCoin.org.
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.
"I could either watch it
happen or be a part of it"

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rhodelmabanal
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June 06, 2024, 09:22:42 AM
 #78

On this forum, I found out some information, and seriously want to ask it here.
What is a realistic expectation from the bull run, given  the last one in March 2021, Bitcoin hit  $61,000 and fell down to 31k about two couple of months later... It rose later on, amazingly though. But is this price fall normal in the bull run?? What is a helpful tip here.
This makes bitcoin perfect for investment, the price that is always changing from bear to bull and bull to bear, many people with a big patience earn a lot with bitcoin and all i can see is have patience and hold till bull season come, no one knows when really the bear and bull comes no one can predict it, all i know is many investors in crypto earn bih huge profit by holding bitcoin with patience.

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June 06, 2024, 10:24:11 AM
 #79

3 months passed from when you posted this mate and wondering what can you say about
the market and from all the answers you gather here?
data says https://coinmarketcap.com/currencies/bitcoin/ bitcoin is still in roller coaster
now and seemingly to stay this way the rest of 2nd quarter.

Lets look at historical chart before we make proclamation, we can not be expecting a bull run right now when we are not done with the accumulation phrase of the market. The bull market is going to come but let us have more patience. There is a difference between bull market and when the price is recovering. In the bull market it will be very obvious that we are in a bull market but that is not what is happening because the market is still in a roller coaster as you said. I think this is going to continue for some time then next year we will begin to see the bull market takes its full form and the price of Bitcoin is going get to its highest price in history. The market will be rise and fall along the way but it should not be a discouragement to continue buying Bitcoin and hodling.

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June 06, 2024, 11:29:30 AM
 #80

3 months passed from when you posted this mate and wondering what can you say about
the market and from all the answers you gather here?
data says https://coinmarketcap.com/currencies/bitcoin/ bitcoin is still in roller coaster
now and seemingly to stay this way the rest of 2nd quarter.

Lets look at historical chart before we make proclamation, we can not be expecting a bull run right now when we are not done with the accumulation phrase of the market. The bull market is going to come but let us have more patience. There is a difference between bull market and when the price is recovering. In the bull market it will be very obvious that we are in a bull market but that is not what is happening because the market is still in a roller coaster as you said. I think this is going to continue for some time then next year we will begin to see the bull market takes its full form and the price of Bitcoin is going get to its highest price in history. The market will be rise and fall along the way but it should not be a discouragement to continue buying Bitcoin and hodling.

Technically though, after the halving, we should be in the bull run already. Although if you look pre-halving, the price has grown that we hit a new all time high at $73k. So it really depends on how you look at it, regardless of what is happening right now.

So I wouldn't say that we are recovering, the market might have taken some momentarily lull, but there will be months that we will see the price like going into a parabolic rise. But if you talk about historical charts, June is not good based on 2020, (halving year), not a big drop but we are in the negative that time. And so maybe it history repeats itself, we might not reach $70k before the end of this month and so we could still continue to accumulate.

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