Where is the bullrun???

[YUriy1991]

Have sufficient amount of knowledge first before you start thinking to invest at your own risk. That way, you will gain clear understanding on bitcoin and its market and  why we are predicting another bull run in the process. I understand that as a newbie, your knowledge is only limited or some are actually know nothing about bitcoin. That's why you have to take your time studying more on bitcoin and its stuff, rather than being left behind and will only miss opportunities to invest in bitcoin.

Indeed, holding investment assets that are very volatile can feel quite scary, especially for newcomers and what you said above is a sentence of encouragement and what is certain is that BTC will always be there and its value will get better in the future, I really believe this.

Regarding the decline that has occurred in the near future, this can be seen as a process and opportunity for those who have not had the opportunity to buy BTC at a cheap price and I am sure that beginners will be familiar with this process because everything moves quickly whether the price decreases or increases and I think, The market will get better in the next 3 months. One more thing, it is also important that we look at the historical performance of the previous July.

[uswa56]

Indeed, holding investment assets that are very volatile can feel quite scary, especially for newcomers and what you said above is a sentence of encouragement and what is certain is that BTC will always be there and its value will get better in the future, I really believe this.

Regarding the decline that has occurred in the near future, this can be seen as a process and opportunity for those who have not had the opportunity to buy BTC at a cheap price and I am sure that beginners will be familiar with this process because everything moves quickly whether the price decreases or increases and I think, The market will get better in the next 3 months. One more thing, it is also important that we look at the historical performance of the previous July.

Some beginners who don't understand this investment asset well will of course make them scared when they see the price of the asset experiencing a correction after collecting it, but some people who understand it well like you will certainly be very confident because they understand very well how Bitcoin works. of course will continue to collect these assets as a future investment.

When looking at market conditions in recent days of course those who have enough funds to be able to hold on for the long term will take this opportunity to buy and hold until the price goes up again and for beginners of course there are those who experience panic and lose money but not those who continue taking their time to continue learning about Bitcoin.

[Yaunfitda]

Have sufficient amount of knowledge first before you start thinking to invest at your own risk. That way, you will gain clear understanding on bitcoin and its market and  why we are predicting another bull run in the process. I understand that as a newbie, your knowledge is only limited or some are actually know nothing about bitcoin. That's why you have to take your time studying more on bitcoin and its stuff, rather than being left behind and will only miss opportunities to invest in bitcoin.

Indeed, holding investment assets that are very volatile can feel quite scary, especially for newcomers and what you said above is a sentence of encouragement and what is certain is that BTC will always be there and its value will get better in the future, I really believe this.

Holding assets are indeed scary because we really don't know what will happen to it in the future. But it's more scary in the beginning of Bitcoin and that's why many have sold it already and then regret their decision. As compare to the last 7 years as most of us here could have joined that time and now we are full of experience and we know what Bitcoin can bring to us, despite it's volatility - profit in the future. And one thing that can go for those newbies right now and that we can advise them to just HODL and accumulate based on our experience and never doubt that the market will soon go on a parabolic rise, a bull run that we haven't seen before as there is a huge chance that we might see $100k in the future.

[JoyMarsha]

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.

OP, bitcoin's price does not explode in the short term, but rather in the long run. That is why crypto investors goes with "having a long-term investment strategy" for their bitcoin investment rather than a short-term one.

If an investor has a short term investment plan in bitcoin, he or she may have little profit or losses from bitcoin based on the state of the market. However, for long term investment, the opportunity for investors to make huge amounts is open for them to choose a high price for selling their accumulated bitcoin.

Currently, almost everyone is anticipating the bull run to happen by next year. Investors are accumulating bitcoin through a DCA means, waiting for bitcoin to skyrocket to their speculated price before they sell

[Iranus]

In terms of Bitcoin, it will be much better if you want to continue learning about it and are also willing to buy and keep it for the long term, which you can consider as an investment in your own future. Because if you only think in the short term about the reasons for whether Bitcoin will explode or not in the near future, I don't think you will get any benefits even if you spend your time studying the price chart for Bitcoin itself. Now try to look at the history of Bitcoin's journey every year until now so that you can have a clear picture that Bitcoin is indeed worthy of being maintained by everyone in the long term.

Have sufficient amount of knowledge first before you start thinking to invest at your own risk. That way, you will gain clear understanding on bitcoin and its market and  why we are predicting another bull run in the process. I understand that as a newbie, your knowledge is only limited or some are actually know nothing about bitcoin. That's why you have to take your time studying more on bitcoin and its stuff, rather than being left behind and will only miss opportunities to invest in bitcoin.

That's also the reason I don't like giving investment advice to newbies nor advising them to invest immediately for fear of missing out on the opportunity to buy bitcoin at cheap prices. Because even if they have the opportunity to buy cheap bitcoin without knowledge about it, they will not be able to hold it for long until it makes a profit.

For newbies, they should spend a lot of time learning about bitcoin and should have enough basic knowledge before investing in bitcoin. Don't rush to invest with an empty head, and ask thousands of questions and thousands of doubts about our investment. We should only start investing with things we already understand, otherwise we should not invest.

[Greyhats]

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.

We are in the bull run, I like to use the 200 WMA as the grounding and anytime we go over that its indicative of bullish market. Its definitely a zoom out metric to use. Here is a hand free chart for it

https://www.lookintobitcoin.com/charts/200-week-moving-average-heatmap/

Its not perfect either, its been breached so I dont neccessarily use it as a support line, but only when accounting for are we in bullish terrority. You can further it a bit with your own speculation, what % above the 200 WMA is conservative, low, medium, high, ultra bullish for your own thoughts.

Right now the 200 WMA is ~$36.5k and the spot price is ~$57.8k. Divide spot by WMA to get your % diff (158%). Now you can plug this into your thoughts above, to get to the type of bullish it is.

[beerlover]

Have sufficient amount of knowledge first before you start thinking to invest at your own risk. That way, you will gain clear understanding on bitcoin and its market and  why we are predicting another bull run in the process. I understand that as a newbie, your knowledge is only limited or some are actually know nothing about bitcoin. That's why you have to take your time studying more on bitcoin and its stuff, rather than being left behind and will only miss opportunities to invest in bitcoin.

That's also the reason I don't like giving investment advice to newbies nor advising them to invest immediately for fear of missing out on the opportunity to buy bitcoin at cheap prices. Because even if they have the opportunity to buy cheap bitcoin without knowledge about it, they will not be able to hold it for long until it makes a profit.

For newbies, they should spend a lot of time learning about bitcoin and should have enough basic knowledge before investing in bitcoin. Don't rush to invest with an empty head, and ask thousands of questions and thousands of doubts about our investment. We should only start investing with things we already understand, otherwise we should not invest.

I do not like giving advice to anyone really, it's just doesn't have any benefits. If they win, not like they are going to share the profit with me, and if they lose they are going to blame me, I win in none of these scenarios so why would I want to do that?

I think the better version would be just staying away from the people, and I will instead focus on myself. I also think that bull run will come, and that's my own personal opinion, yes we are not looking that amazing for the time being, but I also think that it is going to eventually happen, we should ignore this current situation and focus on what the future will be like, I am sure that we are going to make a lot more money with time, we just need to wait a bit more.

[el kaka22]

There is some more time until the year ends, so we have some time, we do not have to worry about it. I am not saying that it is going to be easy, I am just saying that it is still early and we have some time. Maybe it will fail and not have it, I am just saying that we are going to have it one way or another.

This is why I think it is quite important to wait for it, and see how it goes. If I am right then it will start to go up by the near the end of it, and if I am wrong then I am not going to end up making any money and the price will stay low. For the sake of the market and many people, I hope that I am right and we will see a bull run by the near the end of the year and that should be the most important thing, making money.

[Republikcoin.com]

Indeed, holding investment assets that are very volatile can feel quite scary, especially for newcomers and what you said above is a sentence of encouragement and what is certain is that BTC will always be there and its value will get better in the future, I really believe this.

What you have to find out is about these newcomers who are as willing to hold Bitcoin as people who already believe and are experienced like you. Because most of the new arrivals are caused by fomo or more precisely, they are joining in without considering their education and basic knowledge. So they also panic more easily when they see the market being corrected and also often experience losses because perhaps their patience in waiting for prices to recover has not yet been trained.

Regarding the decline that has occurred in the near future, this can be seen as a process and opportunity for those who have not had the opportunity to buy BTC at a cheap price and I am sure that beginners will be familiar with this process because everything moves quickly whether the price decreases or increases and I think, The market will get better in the next 3 months. One more thing, it is also important that we look at the historical performance of the previous July.

Things like that are only more familiar to those who have known Bitcoin for a long time and still believe in keeping Bitcoin as their investment asset. Meanwhile, for beginners, I think things like that are still less familiar because they still tend to be afraid to buy Bitcoin when they see price declines occurring in the market. So I wouldn't assume everyone is familiar enough with conditions like now except only people who are used to seeing things like this in previous Bitcoin market cycles.

[JeffBrad12]

There is some more time until the year ends, so we have some time, we do not have to worry about it. I am not saying that it is going to be easy, I am just saying that it is still early and we have some time. Maybe it will fail and not have it, I am just saying that we are going to have it one way or another.

This is why I think it is quite important to wait for it, and see how it goes. If I am right then it will start to go up by the near the end of it, and if I am wrong then I am not going to end up making any money and the price will stay low. For the sake of the market and many people, I hope that I am right and we will see a bull run by the near the end of the year and that should be the most important thing, making money.

It's hard to believe that BTC won't reach newer highs with current price honestly, with the presence of ETF and all should be a time for bitcoin to be really bullish.
current correction if any is just temporary correction and will soon repeat the history of 2019 again where there's correction and suddenly the price pump to greater All Time high.
remember the reason of 2019 bearish was because the collapse of the 2nd biggest exchange and also LUNA collapse, current correction doesn't seem to be affected something as massive as that other than the dumping of Mt Gox, if any its just a fud.

[Iranus]

~snip

I do not like giving advice to anyone really, it's just doesn't have any benefits. If they win, not like they are going to share the profit with me, and if they lose they are going to blame me, I win in none of these scenarios so why would I want to do that?

I think the better version would be just staying away from the people, and I will instead focus on myself. I also think that bull run will come, and that's my own personal opinion, yes we are not looking that amazing for the time being, but I also think that it is going to eventually happen, we should ignore this current situation and focus on what the future will be like, I am sure that we are going to make a lot more money with time, we just need to wait a bit more.

Frankly, it is not in our interest to give investment advice to anyone whether they win or lose. I also don't like giving investment advice to anyone, but if they are serious about investing it wouldn't be bad to give them some references to do their own research. Because helping someone does not cause damage to us but should only be about document and knowledge, we should not force or urge them to invest in this or that.

Those with knowledge will know where is the bull season and they will be less worried while those without knowledge will become confused and insecure about the market.

[STT]

I wont call it a bullrun thats requires a flock of positive movement but we do have consistent gains across the last week now.   The start of a run perhaps, most of the positive action today was in the first hours of the day but price is still within the 12hr average and gaining.

BTC price has now beaten the Fibonnaci level of 58k and also the sell off low of June 24th following some more rapid selling.  Regaining these losses and continuing to gain definitely counts as a positive.

Now the marker to pass and measure continued successful gains would be the lows of the daily bars following June 24th.  That is about 60.2k, if we can that area as a low I would certainly have to side with a positive acting BTC trend but not a bull run as such.   We are still fenced in overall, we just found and reconfirmed support on the lows hence a rise is normal now.