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Author Topic: This bitcoin bull market isn't over yet !  (Read 586 times)
Volimack
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April 05, 2024, 12:02:00 AM
 #41

Technically speaking, an asset's price chart can only move sideways for a limited period of time. Because people's patience runs out. It will either break or move sideways. I don't know the future for sure so I can't tell you which way it will break. But my guess is that in the lower range the BTC chart will start to show some upward movement. If it starts to make higher highs again and higher lows in the short term then we have to wait.

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April 05, 2024, 05:22:15 AM
 #42

Basically it is very difficult to predict the Bitcoin market because since the end of 2023 the Bitcoin market has been growing tremendously. Therefore, those who invest when the Bitcoin market is on the upswing can often see that they cannot make as much money if they invest at that time, so it is very important to check the Bitcoin market and invest. Of course, with the way the Bitcoin market is rising, expect the Bitcoin market to almost break its record, so it's not too late for those investing in Bitcoin to do so quickly.

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April 05, 2024, 05:30:00 AM
 #43

Yes, Bitcoin's ATH hasn't happened yet. We still have to wait but who knows how long. Maybe next year, there will be a major movement in the price of Bitcoin. Meanwhile, the halving for Bitcoin will happen soon. That could trigger Bitcoin prices to increase again and even reach a new ATH even though the highest price has not yet come.

Yes, you still have to hold the Bitcoin if you want to sell the Bitcoin at the highest price. If you don't know what the highest price is, you need to determine what the highest price will be your selling price. That's so you don't miss out on selling your Bitcoin. You can also still hold it for the long term if you don't want to sell it in the near future.
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April 05, 2024, 05:33:57 AM
 #44

From the knowledge I have about the market and the experience I have had with the market in the past, I can still say that the market will go up again and the market will touch new records again. The season of halving has started so maybe many investors are selling their bitcoins now because many investors believe that the price of bitcoins will be halved during this season. Basically those who have this type of thinking are selling their bitcoins according to the market price, thereby selling the investment according to the market price, while other investors are selling bitcoins slightly below the market price, again, but the value of the bitcoins is going down. But if the investors trust the market and stop selling their investments then surely the market will rise again and the bull season of the market will start again.

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April 05, 2024, 06:51:55 AM
 #45

I personally seem to be of the opinion that the Bullrun has just begun. And it's still long enough to say it will end. but I don't have much experience in bullrun markets before. so maybe I could be wrong. It's just that I match previous periods in the market. Although after the halving there may sometimes be a temporary correction. but after that the real increase will occur. So I think it's still time to keep holding our bitcoin if the goal is only a medium-term investment. but if the goal is long-term investment then I think we don't need to worry about market movements at this time.

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April 05, 2024, 08:46:50 AM
 #46

Yes, Bitcoin's ATH hasn't happened yet. We still have to wait but who knows how long. Maybe next year, there will be a major movement in the price of Bitcoin. Meanwhile, the halving for Bitcoin will happen soon. That could trigger Bitcoin prices to increase again and even reach a new ATH even though the highest price has not yet come.

Yes, you still have to hold the Bitcoin if you want to sell the Bitcoin at the highest price. If you don't know what the highest price is, you need to determine what the highest price will be your selling price. That's so you don't miss out on selling your Bitcoin. You can also still hold it for the long term if you don't want to sell it in the near future.

The highest ATH during the 2021 bull season is 69k$ and recently bitcoin also touched $73k, so in your opinion, 73k$ is not the new ATH of bitcoin? We have had a new ATH this year even though the halving is not yet happening but what we expect is a bigger bull season to come after the halving and bitcoin will make a higher ATH than what we expected. 

But don't be too greedy when wanting to sell bitcoin at the highest ATH because no one knows what will be the peak of this bull season until it ends. So, sell when bitcoin reaches your target, don't be greedy and always want to buy at the lowest price and sell at the highest price, that's impossible.

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April 05, 2024, 01:05:28 PM
 #47

I personally seem to be of the opinion that the Bullrun has just begun. And it's still long enough to say it will end. but I don't have much experience in bullrun markets before. so maybe I could be wrong. It's just that I match previous periods in the market. Although after the halving there may sometimes be a temporary correction. but after that the real increase will occur. So I think it's still time to keep holding our bitcoin if the goal is only a medium-term investment. but if the goal is long-term investment then I think we don't need to worry about market movements at this time.

I agree with what you said, and we are almost at the beginning of the bull run. Then others want it to end immediately. We are still in the discovery phase,
where there will be a lower high or a higher high.

The market is really unpredictable, so this is where we can really measure whether we have really learned something from our trading studies that we are doing
now and even from experienced traders who are still going through a learning period at the moment.



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April 06, 2024, 02:01:55 PM
 #48

We still have 14 days left, and after that day, it will probably take 2 to 5 months for Bitcoin's price to correct before we face the real rally of Bitcoin in the market. And this is what can be said if it is really a bull run that will run for more than a year.

That always happens, right? If we just look at the history that happened before and after the bitcoin halving, it's really different from this era because there are institutional investors; that's the only difference from what I know.

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Lanatsa
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April 06, 2024, 03:25:03 PM
 #49

We still have 14 days left, and after that day, it will probably take 2 to 5 months for Bitcoin's price to correct before we face the real rally of Bitcoin in the market. And this is what can be said if it is really a bull run that will run for more than a year.

That always happens, right? If we just look at the history that happened before and after the bitcoin halving, it's really different from this era because there are institutional investors; that's the only difference from what I know.
There are tons or rumors or sayings that we are already that having that possible different bull market out of this current cyle or upcoming one. We do experience 2 bull runs? Golden bull run or whatsoever they do called out. It is really just that too unpredictable and there's no way that we could really be able to know on where it would be going. Now that we are only few days away on the Bitcoin halving.
We've seen that the price did break out and make some new ATH but it isnt really that too far off on which it is really that great to see. In regarding about market correction then we could really be having that last dump before the price would be shooting up to the moon. This is what everyone is really that anticipating.

The main question is, when it would happen? Would be the same thing that could really happen out on the upcoming bullish run?
Could we be able to see the different price movement this time?
Could really be able to see huge jump or simply playing on $100k or nearer?
Control your hopes and expectations so that you wont really be ending up on having that huge disappointment on whatever the market would really be showing.

R


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April 06, 2024, 03:49:33 PM
 #50

Who confirmed it's over? Whatever we have seen so far might just be a fraction of it because the timing was off. We were not expecting Bitcoin to hit a new all-time high this early but it did do that, however, that doesn't mean it's the end and we are done here. The all-time high doesn't mark the end of the bull run, the halving event is yet to come and we have to see what happens after that.

Most of us are expecting Bitcoin to go at least over $100k in this bull run, however, we would be much happier, of course, if it manages to go way above that mark because we are holders and we would enjoy every bit of it. People who think the bull run is done should wait for some time before reaching that conclusion.

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April 06, 2024, 04:06:58 PM
 #51

Yes, Bitcoin's ATH hasn't happened yet. We still have to wait but who knows how long. Maybe next year, there will be a major movement in the price of Bitcoin. Meanwhile, the halving for Bitcoin will happen soon. That could trigger Bitcoin prices to increase again and even reach a new ATH even though the highest price has not yet come.

Yes, you still have to hold the Bitcoin if you want to sell the Bitcoin at the highest price. If you don't know what the highest price is, you need to determine what the highest price will be your selling price. That's so you don't miss out on selling your Bitcoin. You can also still hold it for the long term if you don't want to sell it in the near future.

The highest ATH during the 2021 bull season is 69k$ and recently bitcoin also touched $73k, so in your opinion, 73k$ is not the new ATH of bitcoin? We have had a new ATH this year even though the halving is not yet happening but what we expect is a bigger bull season to come after the halving and bitcoin will make a higher ATH than what we expected. 

But don't be too greedy when wanting to sell bitcoin at the highest ATH because no one knows what will be the peak of this bull season until it ends. So, sell when bitcoin reaches your target, don't be greedy and always want to buy at the lowest price and sell at the highest price, that's impossible.
It's true that it's a new ATH for Bitcoin, but it is not a real ATH. After all, it's only a $4k difference and not worth the wait people put in, especially those who have been waiting for Bitcoin for a long time. If the price of Bitcoin can reach above $100k or even reach $200k, that is Bitcoin's real ATH. And that will happen later. They just need to wait some more and remain patient while continuing to accumulate Bitcoin for longer.

Yes, don't be too greedy is the key to being able to profit from Bitcoin and knowing when to sell Bitcoin. The average person doesn't want to understand that and they still expect the price to continue to increase even though it is already the highest price.
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April 06, 2024, 04:23:32 PM
 #52

We still have 14 days left, and after that day, it will probably take 2 to 5 months for Bitcoin's price to correct before we face the real rally of Bitcoin in the market. And this is what can be said if it is really a bull run that will run for more than a year.

That always happens, right? If we just look at the history that happened before and after the bitcoin halving, it's really different from this era because there are institutional investors; that's the only difference from what I know.
Based on previous halving yes, and it might happen again this time as the price trend started to show some weakness before the halving. I expect by next year the real bull market will prevail and those who will play long will be more happy. Bitcoin is still the best but you should know when to take profit and buy, so you can at least enjoy real profit, don’t hold without setting your target price.

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April 06, 2024, 04:38:46 PM
 #53

Who confirmed it's over? Whatever we have seen so far might just be a fraction of it because the timing was off. We were not expecting Bitcoin to hit a new all-time high this early but it did do that, however, that doesn't mean it's the end and we are done here. The all-time high doesn't mark the end of the bull run, the halving event is yet to come and we have to see what happens after that.

Most of us are expecting Bitcoin to go at least over $100k in this bull run, however, we would be much happier, of course, if it manages to go way above that mark because we are holders and we would enjoy every bit of it. People who think the bull run is done should wait for some time before reaching that conclusion.

That's the funny question: we don't even feel the depth of the bull run yet, and then someone immediately thinks that the bull run is over when the bitcoin halving is not even over yet.
Anyway, let's not pay attention to those who think that, because they know nothing.

The only important thing is that we believe in the good things that can happen in this field of Bitcoin and cryptocurrency and that we can provide good savings for the assets we hold
when the time is right.



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April 06, 2024, 09:00:02 PM
 #54

I personally seem to be of the opinion that the Bullrun has just begun. And it's still long enough to say it will end. but I don't have much experience in bullrun markets before. so maybe I could be wrong. It's just that I match previous periods in the market. Although after the halving there may sometimes be a temporary correction. but after that the real increase will occur. So I think it's still time to keep holding our bitcoin if the goal is only a medium-term investment. but if the goal is long-term investment then I think we don't need to worry about market movements at this time.
The bitcoin bull market is obviously still happening up to now. We can see that despite of some price correction, bitcoin price still recover quickly until it gets another significant price increase before halving comes. This shows that we are still in the early bull run, and how long this market will be, it’s clearly we can’t tell. The only certain thing here is, as soon as bitcoin halving is over, then it’s more expected for bitcoin to create another good price increase consistently until it reaches the final bull run in the market.

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April 09, 2024, 04:48:23 PM
 #55

if it does lowering prices then it just constitute with some kind  of retracement or market correction. Because what happen is that price will be manipulated so that it will create fear again and investors won't buy. But instead price will rally again, once the price is too high or premium enough, then those who bought on lower prices is expected of course to take their profits.

With that large amount taken from the market, price will drop. And if the buying volume cannot compensate with the selling pressure, then price going lower will be expected. But otherwise until it hasn't happened yet, you should be expecting higher prices on bitcoin.
The people's negative thinking can cause the price to decline. We experience some corrections from time to time but I don't think it was the reason. It may be because some people are enjoying their gains now. Manipulations are always there but people can grow and same people won't fall on that trap again.

This makes the price rally instead of dumped, although even if we experienced a dumped, the price can still recover because manipulators and some regular individuals are buying during it. The situation we have right now is bullish and can continue like this for quite a long time. Those who invest early and continue hodling are lucky.

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April 10, 2024, 11:41:23 AM
 #56

When people are suspicious about the end of bull run, I am pretty sure that it hasn't even properly started yet. We are going to see 100k+ this year probably, if not probably we will see it next year. I think it's quite obvious that breaking over all time high gave people some laziness because we have reached the place we expected to reach this December, meaning that we are many months earlier right now and that means something in the end.

I personally blame the situation on the big ETF buyers, those did make it go up way earlier than it should. However, at the end of the day we are talking about a situation that could change something if we are careful and that is why I think that it should not be something that will take some time, let it be known that way.

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April 10, 2024, 12:29:24 PM
 #57

Who confirmed it's over? Whatever we have seen so far might just be a fraction of it because the timing was off. We were not expecting Bitcoin to hit a new all-time high this early but it did do that, however, that doesn't mean it's the end and we are done here. The all-time high doesn't mark the end of the bull run, the halving event is yet to come and we have to see what happens after that.

Most of us are expecting Bitcoin to go at least over $100k in this bull run, however, we would be much happier, of course, if it manages to go way above that mark because we are holders and we would enjoy every bit of it. People who think the bull run is done should wait for some time before reaching that conclusion.
the all time high getting achieved earlier than expected is nothing but a good omen to be honest, if people are considering current price which is $70k to be the peak they are rather overly pessimistic it seems, therefore I don't think that this bullrun just gonna peaks around $70k, there's a big chance that the price gonna go beyond that simply because there are many success that bitcoin ETF recently achieving its such a good sign that bitcoin has the potential to go as high as $100k or beyond.
whatever price correction there might be in the future, i believe that its still worth investing and accumulate, the price gonna go beyond of what people expected it to be just like before when people think $50k is the peak, bitcoin instead just going through the roof and defy many people expectation, this time around such thing gonna be happening again.

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April 10, 2024, 12:35:58 PM
 #58

Most of us are expecting Bitcoin to go at least over $100k in this bull run, however, we would be much happier, of course, if it manages to go way above that mark because we are holders and we would enjoy every bit of it. People who think the bull run is done should wait for some time before reaching that conclusion.
Everyone is quite excited to see the price of Bitcoin at $100k but the question is if we can manage to hold our Bitcoin until it comes. Or the majority are selling when it was just react at $80k.

Those who think is over are those people who are selling their Bitcoin already. They just want the market to dump again rather than see the price go high and feel absolute regret. But those who hold always have their faith and believe that Bitcoin price will reach new ATH. Well, believe that history repeats itself and it was been witnessed before that bull season is over almost 1 year after halving (correct me if I'm wrong).

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April 10, 2024, 01:29:30 PM
 #59

I still want to draw back your attention that anything is possible, it could be that this current ATH might be that last we may see on bitcoin. But is this really true?
This is where the problem lies because we can't give accurately the answer about the future price but we are still hoping that something positive is going to happen within or after halving. We know that bitcoin has shown us another sides of unbelievable story for breaking out ATH before the halving could fully come. Thus, there could be more pleasant surprise which is not seen.

Questions that attract attention and need to be heard what people think about ATH at this time may be the last.
I cannot answer and cannot justify whether the ATH will be the last ATH because basically I don't really understand the highest achievement of the price of Bitcoin. During this time I just felt the highest price of Bitcoin at $73,777 and from the circulating specuses, the next Bitcoin Atth target was at the price of $100,000 which became the closest prekdiction.

If it is gone to everything it might happen even including the last ATH. I hope it is not true because my age is still short with the owner of Bitcoin who has been with Bitcoin for a long time.
Even if it is true that ATH that will be achieved will be the last Ath Bitcoin, I am still a lucky person because Bitcoin will not change as a hedge asset.

R


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April 10, 2024, 06:59:25 PM
 #60

The bitcoin bull market is obviously still happening up to now. We can see that despite of some price correction, bitcoin price still recover quickly until it gets another significant price increase before halving comes. This shows that we are still in the early bull run, and how long this market will be, it’s clearly we can’t tell. The only certain thing here is, as soon as bitcoin halving is over, then it’s more expected for bitcoin to create another good price increase consistently until it reaches the final bull run in the market.
bitcoin's trend is still quite good and now the price of bitcoin is almost touching $70,000 again. of course this is an extraordinary moment, when the bitcoin correction is not too far away and is still holding at the last ATH, this will make bitcoin volume increase as more and more investors start to enter bitcoin. The halving will happen soon, but we need to be prepared for the downturn that will occur after the halving. it's still normal, it just needs a correction and bitcoin will rise again. Nothing is certain, everything is still speculation and it will be determined by many factors.
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