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Author Topic: Where is the bullrun???  (Read 607 times)
maydna
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June 16, 2024, 12:26:48 PM
 #41

I am not sure that the bull run will happens now. We see the market now is not good and needs time before increases back and reach the highest price. Perhaps before the end this year will have some surprise for us and we can see a change from the crypto market.

You just need to prepares for anything happens to the crypto market. If you want, you can still buy Bitcoin and hold it until the price make a new ATH. We don't know when the ATH comes but we believe that will happens not too long so we still have a chance to accumulate Bitcoin.

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June 16, 2024, 03:15:52 PM
 #42

I would like to know: What makes you think that will happen a bull run now? It is  a true need to learn about it.
To start a crypto bull market there is a lot of speculation and factors that can push up the price of Bitcoin or other types of crypto on the market, my personal understanding and speculation, If the bull does not occur in the halving that has occurred, if I am not mistaken, the possibility is very slim that the Bull market could happen again, maybe we will see this phenomenon in the next halving from now on.

However, there are several unexpected factors and speculation that the Bull market could rise again, if the four speculations below happen again.
Quote
1. Market Sentiment
Risk asset markets are heavily influenced by two human emotions – fear and greed. Positive news about cryptocurrencies can trigger a bullish trend as investors speculate on future profits.
Endorsements from celebrities like Elon Musk as well as well-known brands like Meta (META) and Disney (DIS) helped drive the token price surge.

2. Supply and Demand.
Markets are all about supply and demand. High demand for crypto tokens will result in a spike in their prices. Since everyone wants a piece of the crypto, the market will be willing to pay a premium for the goods in demand.

3. Crypto Whales.
A crypto whale is someone who has a lot of cryptocurrency. If they have enough money, their trades can impact the entire market. There are whales for all types of assets, including BTC, ETH, DOGE, and even NFTs.

4. Macroeconomics.
Macroeconomic factors such as interest rates, inflation, and unemployment rates are important drivers of the crypto market. There was a time when cryptocurrencies lived in isolation, unaffected by traditional market forces.

Is it possible for that to happen, the answer is 50/50, the point is: whatever happens to crypto growth, no one can predict or speculate accurately.

R


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June 16, 2024, 07:31:18 PM
 #43

I have to confess that I don't understand too much about criptos, but during an important time I have studied about reading charts and I can't see a reason for believe that BTC will explode in short-term. I would like to know: What makes you think that will happen a bull run now? It is  a true need to learn about it.
You are in it, did you miss the movement that began since October of the last year? Bitcoin more than doubled its price in a matter of five months, if we were talking about the stock market, this movement alone could probably be the biggest and fastest experimented on its whole history, so bitcoin is doing well already and we have strong reasons to believe it will do even better, what we do not know is if this will happen soon or if we will have to wait until the next year for the bull run to gain some momentum.
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June 16, 2024, 07:47:09 PM
 #44

Opportunities are always there and open to everyone who truly believes in investing in Bitcoin, especially for those who have clearly seen the four-year cycle in Bitcoin which always creates the highest price in Bitcoin itself. The price of $66K is a price that is not too bad to buy for everyone who wants to make their own preparations to welcome the bullrun, so that the worries and doubts that are in each of our minds must really be put aside so that we all have a strong mentality to want to buy in that price range.

$66,000 is really a good buying price when you look at where Bitcoin could be trading at in just one year from today. The price for Bitcoin should be trading more than $100,000 therefore you will be making $34,000 profit if you can afford to buy one Bitcoin and if you can not afford to buy one Bitcoin but 0.1 Bitcoin then you will make $3,400 and that is still a good profit to make. Beginners make the mistakes of thinking about waiting until they have the money to buy one Bitcoin before they start investing but you do not have to wait because Bitcoin would not be waiting for you until you buy before it will start rising. We have to use any amount we have to buy because the bull market is around and it would not take long before Bitcoin passes another highest price more than the previous highest price just early in the year that it passed $73,000

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June 17, 2024, 08:46:47 AM
 #45

$66,000 is really a good buying price when you look at where Bitcoin could be trading at in just one year from today. The price for Bitcoin should be trading more than $100,000 therefore you will be making $34,000 profit if you can afford to buy one Bitcoin and if you can not afford to buy one Bitcoin but 0.1 Bitcoin then you will make $3,400 and that is still a good profit to make.
Calculating a profit like that is good for motivating yourself to take action. The most important thing is when you know how much profit you will make if you buy at that price, be willing to do it immediately without letting it wait. Your calculation is good, if the price reaches $100,000 in early 2025, then the profit of $34,000 is obtained in just 6 months.

Don't just say how much profit you get if you buy 1 BTC or 0.1 BTC while there is no action to do it. For me, that is a conscious mistake.

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June 17, 2024, 10:56:51 AM
 #46

$66,000 is really a good buying price when you look at where Bitcoin could be trading at in just one year from today. The price for Bitcoin should be trading more than $100,000 therefore you will be making $34,000 profit if you can afford to buy one Bitcoin and if you can not afford to buy one Bitcoin but 0.1 Bitcoin then you will make $3,400 and that is still a good profit to make. Beginners make the mistakes of thinking about waiting until they have the money to buy one Bitcoin before they start investing but you do not have to wait because Bitcoin would not be waiting for you until you buy before it will start rising. We have to use any amount we have to buy because the bull market is around and it would not take long before Bitcoin passes another highest price more than the previous highest price just early in the year that it passed $73,000
Advice like this is more suitable for beginners who have just discovered Bitcoin in the last year, because of the three Bitcoin market cycles that I have personally witnessed in my life, of course I am not someone who doubts the potential profits from Bitcoin. And based on the calculations you say, I have also practiced them in the past, so things like this are what need to be taught to beginners who may be new to Bitcoin since the decline occurred in 2022 or since Bitcoin recovered last year.

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June 17, 2024, 04:51:23 PM
 #47

the bull run will come any time, but don't know the Exact time.. just hold with without panicking, it will make you rich any time..
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June 17, 2024, 05:05:43 PM
 #48

I have to confess that I don't understand too much about criptos, but during an important time I have studied about reading charts and I can't see a reason for believe that BTC will explode in short-term. I would like to know: What makes you think that will happen a bull run now? It is  a true need to learn about it.
The only thing that makes me believe Bitcoin will explode again is because Bitcoin's history always makes an explosion after the Halving. I'm also not very good at reading charts, but my trust in Bitcoin has removed any doubts about its long-term potential. If you are looking for or waiting for Bullrun to arrive, you need to make preparations before his arrival. Do it now, not later, because no one can predict when that moment will come. Always take advantage of every opportunity you have to welcome the arrival of the Bullrun by collecting Bitcoin consistently.
Bitcoin always repeats the previous cycle after halving and has reached a new ATH several times, which means we have confidence in the current cycle where the price of bitcoin will return high even though the current ATH is still too early at $73K, but many people predict more than $100K when bullish comes then now is still not the time but your opportunity is never missed, yeah we don't know when the price of bitcoin will rise but believe many people the price will return high.

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June 17, 2024, 05:45:39 PM
 #49

I have to confess that I don't understand too much about criptos, but during an important time I have studied about reading charts and I can't see a reason for believe that BTC will explode in short-term. I would like to know: What makes you think that will happen a bull run now? It is  a true need to learn about it.
The only thing that makes me believe Bitcoin will explode again is because Bitcoin's history always makes an explosion after the Halving. I'm also not very good at reading charts, but my trust in Bitcoin has removed any doubts about its long-term potential. If you are looking for or waiting for Bullrun to arrive, you need to make preparations before his arrival. Do it now, not later, because no one can predict when that moment will come. Always take advantage of every opportunity you have to welcome the arrival of the Bullrun by collecting Bitcoin consistently.
Bitcoin always repeats the previous cycle after halving and has reached a new ATH several times, which means we have confidence in the current cycle where the price of bitcoin will return high even though the current ATH is still too early at $73K, but many people predict more than $100K when bullish comes then now is still not the time but your opportunity is never missed, yeah we don't know when the price of bitcoin will rise but believe many people the price will return high.
We will not be able to predict the price of bitcoin exactly because no one can do that, but I agree with what you said that Bitcoin always starts its cycle and is obedient in the course of each cycle, sometimes someone needs to be more patient to wait and just keep accumulating bitcoin.

The price of $100k is the closest and lowest target of the explosion target that may occur in the price of bitcoin this year, but I think the market is still in consolidation in making price support so that it can go higher and pass the ATH limit that has been formed before.

Bitcoin will not explode, but it increases slowly and if you look at it from a weekly or monthly count it will look explosive, but in daily counts I think it is very rare to explode the price, especially with the capitalization that continues to be high.

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June 17, 2024, 07:33:59 PM
 #50

I have to confess that I don't understand too much about criptos, but during an important time I have studied about reading charts and I can't see a reason for believe that BTC will explode in short-term. I would like to know: What makes you think that will happen a bull run now? It is  a true need to learn about it.
The only thing that makes me believe Bitcoin will explode again is because Bitcoin's history always makes an explosion after the Halving. I'm also not very good at reading charts, but my trust in Bitcoin has removed any doubts about its long-term potential. If you are looking for or waiting for Bullrun to arrive, you need to make preparations before his arrival. Do it now, not later, because no one can predict when that moment will come. Always take advantage of every opportunity you have to welcome the arrival of the Bullrun by collecting Bitcoin consistently.
Bitcoin always repeats the previous cycle after halving and has reached a new ATH several times, which means we have confidence in the current cycle where the price of bitcoin will return high even though the current ATH is still too early at $73K, but many people predict more than $100K when bullish comes then now is still not the time but your opportunity is never missed, yeah we don't know when the price of bitcoin will rise but believe many people the price will return high.
It doesn't really matter how early the previous ATH is, when the bullrun returns it's going to break above the $73k region. There are several speculations going on about the price of bitcoin surging to various prices, some are of the opinion of $100k, others $150k, $200k, $250k and many others. I can't really tell but I'm looking above $100k, a lots of key events has taken place which ordinarily should send bitcoin above the $100k price projection. This is going to be the first bullrun after bitcoin ETF approval from sec, so this is going to be massive. But it's best not to be carried away by the future price of bitcoin, because many things might still play out, that will determine how the price of bitcoin will go.

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June 17, 2024, 10:14:22 PM
 #51

I have to confess that I don't understand too much about criptos, but during an important time I have studied about reading charts and I can't see a reason for believe that BTC will explode in short-term. I would like to know: What makes you think that will happen a bull run now? It is  a true need to learn about it.
If yo want to be invested in Bitcoin and at the same time enjoy your peace of mind, consider investing with intention of long-term HODL. If you don't want to follow that approach, you will continue to panic and worry yourself about when price will rise and how far it will go, these being like a major source of depression. Bull run is already in place since late last year although I think we have not reached the peak. From my expectations, towards the end of this year and up to the early period of next year we may begin to see these moves.

R


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June 18, 2024, 07:23:05 PM
 #52

Looking at the current situation of the market, it is not possible to say anything with certainty, it may be a little bit of correction and the market will go up after that, but the way the market has been going down for a few days, it cannot be said that after that the market will remain bearish or will turn into a bear market but it is also true that there has always been a little correction in the market, this is the crypto market, it can never be stable, it remains volatile and this is a great opportunity for small investors who have not bought much or haven't been able to buy in the past or are short-term investors, so they can buy, and when the market goes back up, can sell.

My advice is that there is no need to panic looking at the current market situation, if you have the money to invest, go ahead and adopt the DCA method because there is a little correction, nothing to be alarmed about.

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June 18, 2024, 11:38:30 PM
 #53

Bull is asleep come back another week.   Its clearly set to move down at least some, yesterday was peaking at the weekly average and also prior on June 12th and 10th.  So I will continue to use that weekly average as my gauge as to possible positive movements counter to the recent decline.

Its always confusing in BTC that we can move up and down continually but in sum total that is the move Im interested in and right now there is a steady but not great decline in pricing.

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June 19, 2024, 12:26:01 AM
 #54

Its obvious you know very little or nothing abut bitcoin. Well bullrun occurs after halving. Having had  taken place and we're expecting the bullrun which no one knows when its coming, but we know from research, history and experience that it does come a while after having.

Best way to get involved for you is to buy and HODL for now, you can learn about other things later, but accumulation is very important to get the bullrun blessing

R


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June 19, 2024, 02:45:23 AM
 #55

It is clear to me that Bitcoin is on the verge of a bull run. I rely on Elliott wave analysis most of the time and I can say that we are in the final stages of an accumulative triangle before moving higher. But I don't think Bitcoin will rise to big numbers right away. A reasonable goal for the upcoming race is the level of 100-200 thousand dollars per 1 bitcoin. I know. That there are many much more optimistic forecasts. Some predict 500,000 and even 1 million dollars for 1 bitcoin. In my opinion, this is from the realm of science fiction.

R


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June 19, 2024, 03:25:39 AM
 #56

It is clear to me that Bitcoin is on the verge of a bull run. I rely on Elliott wave analysis most of the time and I can say that we are in the final stages of an accumulative triangle before moving higher. But I don't think Bitcoin will rise to big numbers right away. A reasonable goal for the upcoming race is the level of 100-200 thousand dollars per 1 bitcoin. I know. That there are many much more optimistic forecasts. Some predict 500,000 and even 1 million dollars for 1 bitcoin. In my opinion, this is from the realm of science fiction.

The goal of 100k$ is the most realistic goal, but with the recent adjustments, many people are starting to doubt it and people think that reaching 100k$ is a big challenge, let alone 500k$ or 1 million dollars per bitcoin. It is an illusion even though the future is unpredictable.

If I remember correctly, we also had a thread saying that they also rely on Elliott wave analysis and believe a huge bull run is coming. Personally, I'm not a fan of technical analysis, but I believe that history will repeat itself, so I think the fourth quarter will be the time when bitcoin and the entire market recover and enter a bullish cycle as many people are expecting.

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June 19, 2024, 03:34:25 AM
 #57

Its obvious you know very little or nothing abut bitcoin.

So it seems. Usually bull runs start when people like the OP get desperate and sell. And they usually end when people like him buy because it has gone up so much that it looks like it will never stop going up and the price is going to hit $1M next week.

A reasonable goal for the upcoming race is the level of 100-200 thousand dollars per 1 bitcoin. I know. That there are many much more optimistic forecasts. Some predict 500,000 and even 1 million dollars for 1 bitcoin. In my opinion, this is from the realm of science fiction.

If they are referring to this cycle, as you seem to say, it is science fiction. I too think the $100-$200K per Bitcoin range is the most likely max for this cycle.

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June 19, 2024, 05:02:25 PM
 #58

Its obvious you know very little or nothing abut bitcoin.
So it seems. Usually bull runs start when people like the OP get desperate and sell. And they usually end when people like him buy because it has gone up so much that it looks like it will never stop going up and the price is going to hit $1M next week.
Yes true, there are way too many who start to buy after it goes up, like look at when we broke over ATH just a bit ago, there were so many people buying in billions after we broke over all time high. Those people are crying that it didn't went higher now, but it was obvious that they were too late, not being able to see that is weird. I think we are going to be doing just fine, it should definitely be considered as a good thing.

I think the best way to move forward would be realizing that we should do what the entire world has said since start of history, which is "buy low, sell high", and if you keep buying high then you are going to end up selling low and that way you will only lose money and never make anything back.

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June 19, 2024, 05:18:05 PM
 #59

the bull run will come any time, but don't know the Exact time.. just hold with without panicking, it will make you rich any time..

History tells itself and every couple of years the bitcoin price reach a new all time high driven by adoption, halving and some major events. Obviously these events could take place, few weeks before seeing the new trend in price but it happens in the end.
For the moment, it is the consolidation phase which can be followed by a bull run or at the opposite a transitory period of price decrease.

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June 20, 2024, 05:22:39 AM
 #60

the bull run will come any time, but don't know the Exact time.. just hold with without panicking, it will make you rich any time..

History tells itself and every couple of years the bitcoin price reach a new all time high driven by adoption, halving and some major events. Obviously these events could take place, few weeks before seeing the new trend in price but it happens in the end.
For the moment, it is the consolidation phase which can be followed by a bull run or at the opposite a transitory period of price decrease.

Yes this will happen because Bitcoin price will reach the maximum price after dumping a lot. Step by step Bitcoin price will continue to increase, because every time Bitcoin price is pumping to the maximum immediately after the maximum dumping. If you notice the phenomenon that happened when investors got frustrated, those who sold suffered the most losses, and those who were patient during the dumping made the maximum and profit, the phenomenon occurred in late 2022.

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