Is the current bitcoin bull run confirmed now ?

[Altryist]

We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?

Bitcoin just reached its previous ATH, and slightly exceeded it, if we look at previous cycles, we will see that Bitcoin never stopped so low, but continued to grow, and the growth after halving was always more significant, so despite such an impressive we have a good bull run ahead of us. Of course, you shouldn’t rule out a possible downward movement, but I would give it a small probability, no more than 5%. Considering that Bitcoin reached ATH for the first time before the halving, it can be assumed that further growth may be just as rapid.

[Falconer]

We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?

Bitcoin prices will likely get higher as time goes by due to increased demand. This was expected due to the impact of the halving and the influx of ETF funds into the market, not to mention the FOMO it caused among retail traders. Prices have risen many times compared to the end of 2022, we are even above the previous ATH.

Expecting price increase after the halving is normal. History says prices become more expensive after a halving, but we never know where the peak price will be. If you have purchased bitcoin as an investment asset, hold onto it until 2025 as it is highly likely that $100k will become a reality after a few months of the halving.

[Sanitough]

We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?

Most probably it is. We are starting to see the bull run now when bitcoin created a huge price hike that ended up with the current price right now. Despite of its price correction, bitcoin price remained still at a good price which makes the market look more bullish than bearish. However, I couldn't help but expect more price increase when we are getting close to halving, most especially if we are going to hit the bull run after that. I think there's no need to confirm that we are starting to experience bull run now as the market itself creates a bullish identity.

[SeriouslyGiveaway]

We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?

The growth cycle has begun since Bitcoin established the bottom of the 2021 cycle at 15,700 USD. Many people still believe that this is just a rebound in the downtrend cycle, and the market has not really entered a new growth season yet. However, I think that most people missed the growth wave or had to buy at high prices when this year's market went too fast, completely different from previous cycles. There are 2 scenarios that will happen if Bitcoin continues to keep its price at this high level:
 - Scenario 1: This year's cycle will end earlier. It is possible that Bitcoin is running the 5 Elliott wave of the monthly frame. This 5 wave usually runs quickly and ends quickly.
 - Scenario 2: We will have a super cycle, the cycle will last longer and the growth rate will also be more terrible.
Which scenario would you hope to happen? This cycle has witnessed a lot of innovation with the participation of many countries as well as major financial institutions around the world. Extremely large cash flows are something we can easily see, so I will lean towards the second scenario 2 occurs more.

[Minor Miner]

We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?

The growth cycle has begun since Bitcoin established the bottom of the 2021 cycle at 15,700 USD. Many people still believe that this is just a rebound in the downtrend cycle, and the market has not really entered a new growth season yet. However, I think that most people missed the growth wave or had to buy at high prices when this year's market went too fast, completely different from previous cycles. There are 2 scenarios that will happen if Bitcoin continues to keep its price at this high level:
 - Scenario 1: This year's cycle will end earlier. It is possible that Bitcoin is running the 5 Elliott wave of the monthly frame. This 5 wave usually runs quickly and ends quickly.
 - Scenario 2: We will have a super cycle, the cycle will last longer and the growth rate will also be more terrible.
Which scenario would you hope to happen? This cycle has witnessed a lot of innovation with the participation of many countries as well as major financial institutions around the world. Extremely large cash flows are something we can easily see, so I will lean towards the second scenario 2 occurs more.

I would lean towards the second scenario because there is no reason that with newly approved ETFs and large funds yet to reap any returns from bitcoin, they would ever let this bull season end. As far as I know, funds are still focusing on accumulating bitcoin every day, there are still no signs or evidence that they have taken profits, so it can be said that the bull season has just begun. Also, I believe this will be a super bull cycle due to a combination of factors and this bull season will last until 2026, that's what I'm thinking.

[LogitechMouse]

We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?

Back when Bitcoin didn't reached the $70,000 yet, my prediction is that, I don't see that we are in a bull run yet until we see Bitcoin reached and surpass that $70,000 price range "AND" stay above that price for weeks to months.

It surpassed that price yes, but it didn't stay for that long, and we've seen Bitcoin's price going down below $70,000 many times already, and currently it's happening. Market is going down, and people are starting to panic blah blah. Anyway, because of that I don't think that we are in a bull run yet. We might see the market on a bull run a few months after the Bitcoin halving event. Well, that's always the case in the past 2 halving events.

Overall, I don't think that we are in a bull run yet. Price touching the $70,000 isn't enough to say that we are already, and I guess the downward movement that happened in the last few weeks is good enough to say that we aren't yet.

[GeorgeJohn]

We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?

it is obvious that when Bitcoin increases from the value that it is to another value that is it higher than the initial value that means it is a supportive in value and at that point it is in bullrun.. everybody can remember the starting point of Bitcoin for it increment since the Year 2024 the value was extremely low and it is started rising from  twenty-five or twenty eight thousand [25k/28k] in last year and right now the price has Skyrocket from that to low value to this particular value of bitcoin today, so that is to say the price of Bitcoin currently is in the bullrun season and after halving we can experience more increments that may probably take us to eighty-five thousand to hundred thousand [85k/100k] depends on the demands of the market.

The Bitcoin and other altcoins market saw a bull run start when Bitcoin jumped from $49,000 to $73,000 in early March, surprising many who expected a different trend before the upcoming halving in April. Though, recent changes in the market make it unclear if the expected drop that takes place before every halving will still occur.We're not sure if Bitcoin will follow its usual pattern. I think there will be more ups than downs before the halving, which might confirm the bull run.
Looking at past halving events, I believe the real bull run hasn't happened yet.Still, we have to remember that the market is unpredictable and affected by many external factors. Anything can happen at anytime and we may see something new from Bitcoin. You just have to remember to hold and be patient.

you know some people got it wrong or for increment or Bitcoin because it is obvious that bitcoin increment start from when the value changes but people does not know that it is when the bullrun season started... so bullish season started when there is addition of figure in bitcoin value but people does not comprehend such they think that there is a particular season that is meant for a bullish season so we don't have a specific time or a specific period for increment of Bitcoin prices..

Given that Bitcoin has practically doubled in value over the past few months and it doesn't look like we're seeing a bearish victory in the coming months, I'd say the bull market has begun. If we take into account the upcoming halving, which is also considered an indicator of a growing market, then there are even more reasons to believe that we have already entered the bull phase. However, this does not mean that the possibility of correction is nullified.

already you we are in bullrun season and I know quite well that bullrun is something I know that start since bitcoin price cross forty five thousand..so it's obvious that the price of bitcoin is continue to rise that means we are not in the bearish season and we are in the bullrun...its obvious..so I know quite well that the price of bitcoin can not drop soon because we are also expecting another increase after halving.

I don't think it is the bullrun that we are expecting that will happen. This is most likely a manipulation in price like what happened not long ago but it decreased later on and once again the price increase. The bullrun happens when the demand increases while the supply is low which is most likely after the halving because the mining reward is halved. If the reward is halved then the new coins being mined is not the same as before.

we cannot differentiate the bullish season now and the feature bullish season that you are expecting, I cannot say this is manipulation in the market but what we are experiencing right now is the same thing as the bullrun, because after having it may be that the price of Bitcoin may not increase to this particular point of the price of Bitcoin we are seeing now and also remain constant as the price of Bitcoin drop a little and the also return to the normal price so I conclude that we are already in bullrun, whatever increase that manifest after now is same as bullrun.

[AnonBitCoiner]

Bull season cannot be identified with a fixed value therefore don't think that if bitcoin reach to 70k$ then we will be in Bull season  and if we are down then we will be in bear season because we know that we are already enter into Bull season but Bull season does not means that we will not see dump anymore.

Bitcoin has achieved previously created ATH and even go ahead then this so it is clear that Bull run has been started but how long it will persist is depended on the demand.
Current dump is temporary and once halving take place then situations will become in our favor and everyone can easily get reward through selling of their bitcoin but I think once halving take place then one should not purchase bitcoin until price goes to dip again.

[tygeade]

I would lean towards the second scenario because there is no reason that with newly approved ETFs and large funds yet to reap any returns from bitcoin, they would ever let this bull season end. As far as I know, funds are still focusing on accumulating bitcoin every day, there are still no signs or evidence that they have taken profits, so it can be said that the bull season has just begun. Also, I believe this will be a super bull cycle due to a combination of factors and this bull season will last until 2026, that's what I'm thinking.

I agree, those investments were made but not matured yet, there will be a lot of increases eventually that will help them and I am guessing that it is going to be something they could benefit as much as they can afford to. That means that the price will probably go up more, and not that we have seen the end of that investment, we are going to see tens of thousands of bitcoins to be bought more than this, which will make the price go up even more.

I feel like there is a scenario where things can't change that much and should probably end up with something that will be profitable for us as well. Small retail investors like us get the benefit from these big whale corporations buying more and more, so we should be quite happy about it.

[Marvell1]

Bull season cannot be identified with a fixed value therefore don't think that if bitcoin reach to 70k$ then we will be in Bull season  and if we are down then we will be in bear season because we know that we are already enter into Bull season but Bull season does not means that we will not see dump anymore.

Bitcoin has achieved previously created ATH and even go ahead then this so it is clear that Bull run has been started but how long it will persist is depended on the demand.
Current dump is temporary and once halving take place then situations will become in our favor and everyone can easily get reward through selling of their bitcoin but I think once halving take place then one should not purchase bitcoin until price goes to dip again.

There are many optimistic predictions that when the halving occurs, the price will continue to rise much higher than it is now. And according to you, we should not buy now or after halving, so when is a good time to buy bitcoin if it is not decreasing? Bitcoin is unpredictable and if we have a selling target above $100k, buying bitcoin now or after the halving is possible. Don't hesitate or wait for the price to decrease to buy because we won't know if bitcoin will decrease or not. Like many people were waiting for bitcoin to drop to $12k to buy when it was priced at $15k in 2022 and the end result was that they missed out on buying bitcoin at the best price during the last bear season.

[Etranger]

Given that Bitcoin has practically doubled in value over the past few months and it doesn't look like we're seeing a bearish victory in the coming months, I'd say the bull market has begun. If we take into account the upcoming halving, which is also considered an indicator of a growing market, then there are even more reasons to believe that we have already entered the bull phase. However, this does not mean that the possibility of correction is nullified.

already you we are in bullrun season and I know quite well that bullrun is something I know that start since bitcoin price cross forty five thousand..so it's obvious that the price of bitcoin is continue to rise that means we are not in the bearish season and we are in the bullrun...its obvious..so I know quite well that the price of bitcoin can not drop soon because we are also expecting another increase after halving.

Between the bear season and the bull run, there is a whole gradation of other periods. Just because we're not in bear season anymore doesn't mean the bull run is in full swing. I think it is just the beginning of it right now. Regarding the fall in price, I cannot agree with you; serious corrections also happen during a bull run. Moreover, shortly before the halving this happened several times, so I would not count solely on uninterrupted growth.

[philipma1957]

we are about to crush mining ⛏️ so it is not a bull run yet . now you may say coins were 16-17 k in jan 2023 they are 4x that now its a bull. 🐂

a real bull would be 90k and slowly going up. after the ½ ing. miners would not be struggling

[justdimin]

Between the bear season and the bull run, there is a whole gradation of other periods. Just because we're not in bear season anymore doesn't mean the bull run is in full swing. I think it is just the beginning of it right now. Regarding the fall in price, I cannot agree with you; serious corrections also happen during a bull run. Moreover, shortly before the halving this happened several times, so I would not count solely on uninterrupted growth.

I mean that was true for 2023, where the price wasn't going down anymore, but it was getting to a good place, even ended near 30-40k range so we could say the bull "started" there, but lets remove that for a while, that year wasn't a bull but wasn't bear. But this year we have seen over all time high, in any year that you broke over all time high price, saying that it is not a bull season seems like it could be wrongful.

I am not claiming that I am some sort of deciding factor, just because I say that we are in a bull market doesn't mean that we are in a bull market, these things do not depend on what I say. I am just saying, if you asked me if we were in a bull season, I would be 100% saying it is already the bull season.

[Zigabel]

We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?

This isn't a confirmation of Bull run yet it's just reactions of investors and traders making the rounds in the market influencing and affecting price but if you are patient to observe and understand Bitcoin you would see the corrections that will take place meanwhile in the case of Bull run, the price surge usually have a time frame within which it appears and most definitely new ATH are reached and then there's a gradual setting in to a bear market and not a correction of a particular movement in the market.

According to the circle of Bitcoin it's not yet time for bull run but it doesn't mean there wouldn't be some increase in price moreover we are expecting the halving soonest so it's definitely supposed to create some reactions amongst traders and investors in the Bitcoin market.

[Etranger]

we are about to crush mining ⛏️ so it is not a bull run yet . now you may say coins were 16-17 k in jan 2023 they are 4x that now its a bull. 🐂

a real bull would be 90k and slowly going up. after the ½ ing. miners would not be struggling

So, in your opinion, the bull run is more connected with the miners reaction and actions more then with the price growth? Intuitively, I get why that could be, however, would you mind explaining this idea in more details? Why miners would stop struggling after 90k? Because this price would compensate the loss in rewards?

[bluebit25]

People were surprised to learn that it was an unexpected mutation. According to my prediction, the moderate increase will be followed by a faster recovery post-halving to a peak price of $55k. What happened instead was that it exceeded my expectations as the market skyrocketed – even surpassing previous record highs before the halving. This could be the beginning of a long-awaited price increase. Typically, in the event of a bull market, the price of Bitcoin skyrockets, sometimes doubling or more than its original value. If we note that bull markets tend to last for months or even years, and given the fact that the halving will continue until April, it seems that the 'second half of the bull run' is still to come. will continue in the near future.

[YOSHIE]

We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?

If you refer to several speculations that can be seen and believed, my understanding is that the price of Bitcoin is currently not (confirmed), reasons:
The halving is not yet complete, although a new ATH has occurred, but according to some Bitcoin experts who I entrust this dirty simulation for the new ATH, there are things that never cross the mind of Bitcoin users the price will meet the bull again, unfortunately they do not tell what price for Bitcoin could be final.

Conclusion: believe it or not, the price of Bitcoin will experience a spike, speculation is predicted to occur in May and last only a few weeks, However, you remain committed to and your own stance in assessing the current price of Bitcoin. That's all I say based on my personal speculation. In essence, you have your own speculation that you can rely on.

[Falconer]

-snip-

If you refer to several speculations that can be seen and believed, my understanding is that the price of Bitcoin is currently not (confirmed), reasons:
The halving is not yet complete, although a new ATH has occurred, but according to some Bitcoin experts who I entrust this dirty simulation for the new ATH, there are things that never cross the mind of Bitcoin users the price will meet the bull again, unfortunately they do not tell what price for Bitcoin could be final.

Conclusion: believe it or not, the price of Bitcoin will experience a spike, speculation is predicted to occur in May and last only a few weeks, However, you remain committed to and your own stance in assessing the current price of Bitcoin. That's all I say based on my personal speculation. In essence, you have your own speculation that you can rely on.

Of course, prices will increase over time. It could be that the price will break $80k within 2 months after the halving, or it may also find new support at $60k within 1 month after the halving. All possibilities still have to be considered wisely regardless of our long-term goals and plans on bitcoin investment.

Personally, I believe we will find $100k in 2024 or early 2025, which means prices will be higher than they are today. The plan to hold longer is clearly there, but when the profit target is reached it seems like I also have to be ready to sell, whenever that is.

[Asiska02]

We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?

The term bull run as to do with bitcoin been on an uptrend for an elongated time that is unusual in the market and only comes ones in a while after a long term of bearish market. The movement we have been witnessing for a long term that we saw that the bitcoin price has to exceed its all-time high and mark a new one could have happened because of the changes in the market lately which we expected a big change in the market and was delayed; I mean after the spot bitcoin ETF approval, we expected a big bullish trend in the market but it never happened, maybe the market is just reacting to that change in the market. This period can also be called the bull market trend but it is not yet the usual bull market that everyone is expecting. The time after the bitcoin halving is the time many have predicted bull run to start and as we are yet to experience it, this period could be term as pre-bull run season. So bull run as started but we are yet to start the actual bull run.

[BABY SHOES]

Isn't an increase expected by many investors? If you are already at $70K it's not as full as you say price confirmation can just go down below that but for me it won't be too deep, if the matter of confirming the increase is certain we have a prediction where the price of bitcoin will go to $100K in the near future at least by the end of the year we can see it.

Bitcoin is now a little bit to move to $70K maybe it will be after the halving move then it will say bullish is coming soon even though it is far away meaning the rally will soon arrive for a higher surge.