Bitcoin could shift to a super Bull cycle.

[Franctoshi]

Looking at these couple of events coming months and years ahead of us, could drive Bitcoin way up more than our various expectations.

Major Key events like


MicroStrategy to raise $42B to buy Bitcoin in ‘21/21 plan’ over the incoming three years.

https://cointelegraph.com/news/microstrategy-42b-capital-bitcoin-purchase-michael-saylor


• Trump's Biggest Boon to Crypto Would Be Passing the Bitcoin Act: CoinShares


Under the proposal, bitcoin would be established as a strategic reserve asset and the government could buy up to 5% of the cryptocurrency's total supply, the report said.


• CoinShares said the bill, if adopted, would give bitcoin a similar reserve status as gold.

• The passage of such legislation would lead to significant governmental and institutional interest in bitcoin, the asset manager said.

https://www.coindesk.com/policy/2024/11/07/trumps-biggest-boon-to-crypto-would-be-passing-the-bitcoin-act-coinshares/


My thought

Looking at these key factors over the coming years, And the Institutional adoption and their continuing in buying of Bitcoin through ETFs.
Secondly, other individual countries may follow suit, and looking at the fact the direction that the US government has taken in adding Bitcoin to their reserve and may start Buying Bitcoin to add into their various reserve portfolios.
This way, Bitcoin won't have a breathing space going forward when such demand will be taking place other than to experience a significant rise in its price since the demand is on steady increase, coupled with a reduction in supply.

[Catenaccio]

I read that people worried that Bitcoin is in a super cycle since 2009 and is completing it. It's fearful in their opinion that after a Super Cycle, Bitcoin will have big correction and a very long time, like 1 or 2 more cycles without good growth in price like a long accumulation phase.

It will no longer be in 1 cycle, but in a second super cycle, so the accumulation phase here will not take several months but 1 or 2 next cycles. I don't know but even it will be like this, we will have a second super cycle with good growth after next 4, 8 years, that's good than nothing in my opinion. And we will have profit with Bitcoin investment, it's better than saving money in banks and enjoy bank interests together with risk of losing your money in banks.

Bitcoin Super Cycle.

[jcojci]

If that is really happen, many people will be happy because we can make a big profit. After that, we will have the opportunity to accumulates more Bitcoin especially if we have the chance to buy back at the lowest price. If Bitcoin will not grow for a long time after the super Bull cycle, that will be a good time for us to accumulate and will not let the chance leave us without taking the benefits for us. If Bitcoin is no longer be in 1 cycle, that will be additional time for us to use that chance to accumulate as many Bitcoin that we can. We have the previous profit so we can use that to buy Bitcoin at the lower price.

[Franctoshi]

I read that people worried that Bitcoin is in a super cycle since 2009 and is completing it. It's fearful in their opinion that after a Super Cycle, Bitcoin will have big correction and a very long time, like 1 or 2 more cycles without good growth in price like a long accumulation phase.

It will no longer be in 1 cycle, but in a second super cycle, so the accumulation phase here will not take several months but 1 or 2 next cycles. I don't know but even it will be like this, we will have a second super cycle with good growth after next 4, 8 years, that's good than nothing in my opinion. And we will have profit with Bitcoin investment, it's better than saving money in banks and enjoy bank interests together with risk of losing your money in banks.

Bitcoin Super Cycle.

Traditionally,  The price increase and performance of Bitcoin has been tied to its Halving, after every 4 years, Thereby making it become a predictable pattern or market event which every investor has relied up to do their investments.

Seing the price make a new ATH pre-halving could be another signaling event, Typically pointing the market changing dynamics.
Don't you think we've entered a new phase of the market?

I kind of think the market is more mature now than those previous cycles we've ever had, seeing Billions of dollars melting into Bitcoin recent via institutions and more money ready to melt into Bitcoin, and therefore we may see event where we will continuously witness a bullish trend without having a significant dumps after each bull cycle roller coaster.

 

[Plaguedeath]

Better to prepare for the worst, people are easily baited with rumor instead of news.

Like when SEC legalized ETF, the days before that there was a fake news where SEC legalized ETF on their official X account, the price went up because people believe that. However when SEC officially legalized ETF on January 10, it didn't affect the price and Bitcoin price declined in the next few days.

[asriloni]

Those are speculations. Trump is not yet a president, and the bill can change. I don't even think to take a campaign promise seriously. However, it will be good if he delivers his promises. And about Microstrategy's plan to raise money to buy Bitcoin, i have no doubt coz we have seen how loyal Saylor is. This will also help to push the price of Bitcoin higher as the more money goes into circulation.

[stadus]

Better to prepare for the worst, people are easily baited with rumor instead of news.

Like when SEC legalized ETF, the days before that there was a fake news where SEC legalized ETF on their official X account, the price went up because people believe that. However when SEC officially legalized ETF on January 10, it didn't affect the price and Bitcoin price declined in the next few days.

I’d consider this, especially since it seems like we’re all leaning bullish right now. It’s good to keep in mind that there’s always another possible outcome. I’m not saying we’re headed into a full bear market, what I mean is that it might dip a bit first before we see that super bullish run we’re all expecting. Right now, it looks like Bitcoin is still struggling to break out, so we need to stay prepared.

We’ve got all that positive news already, but the impact is still far off - just like with Trump, he hasn’t even assumed office yet; that’s next year. So, the upcoming month is pretty crucial, and we’ll just have to see how the market reacts.

[Josefjix]

Those are speculations. Trump is not yet a president, and the bill can change. I don't even think to take a campaign promise seriously. However, it will be good if he delivers his promises. And about Microstrategy's plan to raise money to buy Bitcoin, i have no doubt because we have seen how loyal Saylor is. This will also help to push the price of Bitcoin higher as the more money goes into circulation.

In reality, politicians said so many things during campaigns to influence voters voting decisions, and Trump is not excluded from it. In policies, we should not expect  to much change in favor of bitcoin, as Trump will not support anything that devalues the US dollar.  Since bitcoin is currently classified as a risky asset by institutional investors, I doubt if the American government under Trump will invest funds that will make her own up 5% of bitcoin in circulation.  Microstrategy has been the greatest bitcoin enthusiast, and the investment they are going to make over time will definitely influence the prices of bitcoin in the months and years to come.

[Frankolala]

If US uses bitcoin as their reserve funds, it means that the value of bitcoin will keep on increasing overtime, and other countries who believes everything the US does and copies from them will also want to adopt bitcoin as their country's reserve funds, giving bitcoin more reasons for the rprice to be on the uptrend overtime. This is the picture of what we should also see and understand how valuable bitcoin will be in the future, so that you can accumulate as many as you can now that the price is still cheap.

[sheenshane]

It seems like I'm bit outdated of what happening to the crypto world and shocking to see that the price keep going up thesedays.

Secondly, other individual countries may follow suit, and looking at the fact the direction that the US government has taken in adding Bitcoin to their reserve and may start Buying Bitcoin to add into their various reserve portfolios.

IMO, these are the major reason and also the news about Bank of Japan towards Bitcoin plus the recently approval of ETF's legalization. 
It's leaded by the most developed countries and for sure other countries will do the same that surely have a better impact to the Bitcoin price.

[AprilioMP]

Those are speculations. Trump is not yet a president, and the bill can change. I don't even think to take a campaign promise seriously. However, it will be good if he delivers his promises. And about Microstrategy's plan to raise money to buy Bitcoin, i have no doubt coz we have seen how loyal Saylor is. This will also help to push the price of Bitcoin higher as the more money goes into circulation.

Politicians' mouths in delivering campaign promises cannot be taken completely seriously because in the middle of the road what is said will not be implemented. However, what is happening now in the Bitcoin market price is also inseparable from the influence of politicians like Trump even though there are other factors behind this.

Large companies like Microstrategy who plan to buy more Bitcoin with the funds prepared, usually can happen because they have done it before.
The most important thing for those of us who are committed to Bitcoin, the thing to think about is knowing how to position ourselves in any situation because Bitcoin is more than just a matter of price.

[Don Pedro Dinero]

I just commented on this on the local board.

Better to prepare for the worst, people are easily baited with rumor instead of news.

Like when SEC legalized ETF, the days before that there was a fake news where SEC legalized ETF on their official X account, the price went up because people believe that. However when SEC officially legalized ETF on January 10, it didn't affect the price and Bitcoin price declined in the next few days.

It doesn't matter. That it happened once has no causal relationship whatsoever with what is going to happen now. It is a simple question of supply and demand. There's going to be a lot of demand. But a lot. Price falls along the way are going to be nothing more than juicy buying opportunities. Buying bitcoin at five digits from a historical perspective is a bargain.

[Doan9269]

Looking at these key factors over the coming years, And the Institutional adoption and their continuing in buying of Bitcoin through ETFs.

Are they actually investing directly into bitcoin or ETF, these are two major things which are different from each other, i will employ we see into it more clearly, they might have invested in bitcoin before, but on this discussion in particular, is it in favour of bitcoin or ETF is their investment direction.

Secondly, other individual countries may follow suit, and looking at the fact the direction that the US government has taken in adding Bitcoin to their reserve and may start Buying Bitcoin to add into their various reserve portfolios.

We are hoping so on this, but there is no any tangible reason to back it up that they are going to consider bitcoin, but we may have the benefit of doubt and give them a try to see what comes out.

[Fiatless]

My thought

Looking at these key factors over the coming years, And the Institutional adoption and their continuing in buying of Bitcoin through ETFs.
Secondly, other individual countries may follow suit, and looking at the fact the direction that the US government has taken in adding Bitcoin to their reserve and may start Buying Bitcoin to add into their various reserve portfolios.
This way, Bitcoin won't have a breathing space going forward when such demand will be taking place other than to experience a significant rise in its price since the demand is on steady increase, coupled with a reduction in supply.

All these factors you have mentioned can definitely give Bitcoin a remarkable price increase. Interest rate and employment data within the US also affects the price of Bitcoin. The reduction of interest rates by the FEDs also contributed to the greens we are experiencing in the market.

We should also be aware that the price of Bitcoin is not only determined by the activities in the US. Global political and economic conditions also play important roles in the price. I am hoping that the price will keep increasing but we should also be ready for the unknown.

[tabas]

One thing every bull run is it is different. Super bull cycle, super cycle, bull run, massive bull run or a simple one. What we can tune in is that this could be different from the past ones. There are unique feats for each of the bull run that I have seen so, I hope that you're right that this is bigger than the past ones. With all the facets that you've mentioned, do not forget the biggest of them all and that's the halved rewards for the miners. We're looking at the fundamentals but the natural feat of halving also contributes a big thing for its price motion.

[CryptoHeadlineNews]

My thought

Looking at these key factors over the coming years, And the Institutional adoption and their continuing in buying of Bitcoin through ETFs.
Secondly, other individual countries may follow suit, and looking at the fact the direction that the US government has taken in adding Bitcoin to their reserve and may start Buying Bitcoin to add into their various reserve portfolios.
This way, Bitcoin won't have a breathing space going forward when such demand will be taking place other than to experience a significant rise in its price since the demand is on steady increase, coupled with a reduction in supply.

One thing for sure is that the United States of America has been a world power country whose activities are always mostly been emulated by both other developed and developing countries around the globe, and as such, seeing Donald Trump proposing to create a reserve for Bitcoin just like gold is indeed a welcome development to us all who are Bitcoin enthusiast, as I'm sure when such is been implemented, it will trully skyrocket the price of Bitcoin and likewise create a conducive atmosphere for major investors who will wish to venture into Bitcoin investment. Moreover we just saw Bitcoin cross a new All Time High of $76,872 per BTC just few hours after Trump was announced winner of 2024 presidential election, which also indicate we are likely to see more new All Time High before or immediately after his inauguration as the number one citizen.

[Franctoshi]

Better to prepare for the worst, people are easily baited with rumor instead of news.

Like when SEC legalized ETF, the days before that there was a fake news where SEC legalized ETF on their official X account, the price went up because people believe that. However when SEC officially legalized ETF on January 10, it didn't affect the price and Bitcoin price declined in the next few days.

Yeah, But this senario is considered to be a short-term price effect (decline), but if you zoom out down to date, and considering the long term effect on the price, you could attest that approval news have had a great impact on the price getting to that point of anticipation (Approval) and after the approval, this point, base on that news.

[Felicity_Tide]

Secondly, other individual countries may follow suit, and looking at the fact the direction that the US government has taken in adding Bitcoin to their reserve and may start Buying Bitcoin to add into their various reserve portfolios.
This way, Bitcoin won't have a breathing space going forward when such demand will be taking place other than to experience a significant rise in its price since the demand is on steady increase, coupled with a reduction in supply.

These are pure speculations, but if trumps eventually takes actions by implementing certain things to favour bitcoin, i think other none bitcoin countries might also want to follow such steps, and i hope my country joins the train. Seeing my country not fully involved in the whole bitcoin thing is quite disappointing, though some of the citizens are fully into the game.

And as for the bullish movement, i don't know how effective MicroStrategy's actions would be, because the whole bullish movement seems to be centered around Trump for the now. Hitting new ATH several times in few days shows how influential he his.

[Alone055]

If US uses bitcoin as their reserve funds, it means that the value of bitcoin will keep on increasing overtime, and other countries who believes everything the US does and copies from them will also want to adopt bitcoin as their country's reserve funds, giving bitcoin more reasons for the rprice to be on the uptrend overtime. This is the picture of what we should also see and understand how valuable bitcoin will be in the future, so that you can accumulate as many as you can now that the price is still cheap.

The US is not going to do that. Just because Trump showed support before the elections doesn't mean he will take such significant risks with the country's funds. Despite being a businessman, he is also a politician and now the prime minister. We need to understand that Bitcoin, despite being on a surge at the moment, is volatile, making it risky. So, a country cannot think of having its reserves in Bitcoin instead of its official fiat currency, which would probably be a better choice in the long run.

The value of Bitcoin will keep on increasing without the US having to make such a decision. I know that such a thing will give it a boost, but we should think about possible and logical things. We can expect businesses and industrialists making large investments in Bitcoin but we can't expect countries to do that with their reserves because it is not a reliable thing to do.

[Hamza2424]

If that is really happen, many people will be happy because we can make a big profit. After that, we will have the opportunity to accumulates more Bitcoin especially if we have the chance to buy back at the lowest price. If Bitcoin will not grow for a long time after the super Bull cycle, that will be a good time for us to accumulate and will not let the chance leave us without taking the benefits for us. If Bitcoin is no longer be in 1 cycle, that will be additional time for us to use that chance to accumulate as many Bitcoin that we can. We have the previous profit so we can use that to buy Bitcoin at the lower price.

Hmm, I like your positive attitude but there's the reality check that control over emotions is not that easy if the Bitcoin market doesn't grow for a long timeline many short-tempered and greedy people will take permanent exit from the market. Buying back with profits won't help efficiently if you are interested as we save a small portion of money that savings should be used for the accumulation.