The high of Bitcoin returned for real or is only temporary?

[Solokan]

We are seeing the beginning of a new bull market or only a temporary movement?

Do not be deceived because we are not experiencing a market bull run season for bitcoin anytime soon, before you can be talking about something related to this, then consider the next halving first, this will give you the direction the market is expected to perform and the timing for it season, we are only having a market pump which may also dump at any time due to the current bearish season we still maintain to this time until we are completely out of there market bear for the bull season.

The next BTC halving, if I'm not mistaken, is estimated to occur in April 2028, and it's certainly a long way off. However, it's certainly possible that the BTC price will drop, for example, back below $80,000. The current increase could be temporary, but I think now is still the right time to accumulate BTC, as it could continue to rise. I believe there's a growing number of BTC enthusiasts, and most of those buying BTC aren't afraid of getting stuck. It seems many are starting to realize that long-term investment in BTC is a good choice.

We'll see what happens, but I hope BTC drops significantly so I can buy more BTC, as my current holdings are still small.  

[laijsica]

Bitcoin left the low phase and shot up. August had one of the best performances in years.

One of the many explanations is the weaker dollar. Historically, Bitcoin and gold usually benefit when the dollar loses strength.
Another point that calls attention is the public debt of the USA, that in August passed the US$40 trillion for the first time.

 Alot of people seem be seeking assets that serve of protection against the growth of the debt.

We are seeing the beginning of a new bull market or only a temporary movement?

We have passed a slot of liquidation in the initial stage. Now traders are looking for a time when the price will drop to re-enter. Long term investors are holding and regularly depositing Bitcoin. A long decline has been in the months since the ATH in October. The period of price increase in the past month has allowed traders to recover slightly but there is still a possibility of a higher level than the potential downside. Those who continue to buy Bitcoin can expect decent returns.

There is a risk of a temporary movement but in the long term the risk of liquidation is unlikely to hit the current market process. The depreciation of the dollar and high inflation are causing a greater tendency to accumulate Bitcoin than fiat savings, which will lead to further price increases.

[TheUltraElite]

Currently price is hovering around 84k USD, which is fine by me, because a number of people who bought at levels lower than this will have chance to sell at profit.

ETFs are here for some time now, the interest in those are usually from certain specific groups of people and not everyone, so dont bring that to the discussion because ETF is a contract like, not actual bitcoin being bought.

As far as bear market and analysts are involved, its a part of a cycle, a bear is followed by a bull and vice versa, one does not come along on its own and not follow with the other.

[SilverCryptoBullet]

Currently price is hovering around 84k USD, which is fine by me, because a number of people who bought at levels lower than this will have chance to sell at profit.

People who don't feel good actually don't know about this chart.
https://charts.bitbo.io/price-current-date/

On 26 September, prices of Bitcoin are like that since 2010, and it's noticeably that Bitcoin price in 2026 on this day is already recovered very well from bottom. $84k is not too far from ATH of a latest market cycle.

ETFs are here for some time now, the interest in those are usually from certain specific groups of people and not everyone, so dont bring that to the discussion because ETF is a contract like, not actual bitcoin being bought.

As far as bear market and analysts are involved, its a part of a cycle, a bear is followed by a bull and vice versa, one does not come along on its own and not follow with the other.

If we assume that we don't know anything about Bitcoin Spot ETFs and their actual operations and trading volumes since January 2024, simply looking at Bitcoin price and market volume, we will easily realize that Bitcoin market has moved very stronger than previous market cycles in the two latest bearish years.

[Pandu Geddon]

We are seeing the beginning of a new bull market or only a temporary movement?

In reality, what we can see is that the price of Bitcoin does move up after we have seen Bitcoin move sideways for quite a while. But this also has not yet shown a bull market movement; like the previous situation, a price surge can occur which is then followed by a correction. This situation has happened several times even though there is an upward price trend occurring. But perhaps we have not really entered a bull market.

[IjawMan]

Currently price is hovering around 84k USD, which is fine by me, because a number of people who bought at levels lower than this will have chance to sell at profit.

ETFs are here for some time now, the interest in those are usually from certain specific groups of people and not everyone, so dont bring that to the discussion because ETF is a contract like, not actual bitcoin being bought.

As far as bear market and analysts are involved, its a part of a cycle, a bear is followed by a bull and vice versa, one does not come along on its own and not follow with the other.

I will not be selling at that price and not for any at this time cause the big profit is still in passage and it just getting started with bitcoin price breaking above $87k at this time of the cycle.

Comparing bitcoin price actions in previous cycles before the ETFs it is no doubt that the ETFs has really influenced the demands for bitcoin more than in any cycle and this is also reflective in the unprecedented price rises we are witnessing even when it seems we are still not done with the bear season.

[snowpega]

Bitcoin left the low phase and shot up. August had one of the best performances in years.

One of the many explanations is the weaker dollar. Historically, Bitcoin and gold usually benefit when the dollar loses strength.
Another point that calls attention is the public debt of the USA, that in August passed the US$40 trillion for the first time.

 Alot of people seem be seeking assets that serve of protection against the growth of the debt.

We are seeing the beginning of a new bull market or only a temporary movement?

There is no doubt Bitcoin is showing a good recovery at this moment. But if I have to say something about this, we are really in a very weak zone where anything can happen suddenly. Because there are too many wars happening at the same time in the world, which is not good or welcoming for the whole world's countries' economies and also for the stock and crypto market. Wars between Russia and Ukraine, Saudi Arabia and Yemen, and the US and Iran. Tension seems to raise more at any moment.

And we really know that fact that Strait of Hormuz has been blocked for a long time, and now Yemen has also closed its strait to Saudi Arabia. And the problem is that Saudia is a big supplier of oil compared to any other country in the Middle East. This can cause inflation rates to increase further in the coming time. If Saudi Arabia and Yemen don't settle their problem through positive negotiation. This is my point of view. DYOR!

[Russlenat]

We are seeing the beginning of a new bull market or only a temporary movement?

In reality, what we can see is that the price of Bitcoin does move up after we have seen Bitcoin move sideways for quite a while. But this also has not yet shown a bull market movement; like the previous situation, a price surge can occur which is then followed by a correction. This situation has happened several times even though there is an upward price trend occurring. But perhaps we have not really entered a bull market.

This is how volatility works. Today's price can be bullish, the next day it may turn bearish, and vice versa. Price correction and retracements are inevitable, and that certainly affect a current price moving on an upward trend. But one thing is sure, if today's price consistently increase and reaches another peak without hints of dropping low, then most likely this could be the start of a bullish market after a long streak of seeing the market bearish.

[hd49728]

This is how volatility works. Today's price can be bullish, the next day it may turn bearish, and vice versa. Price correction and retracements are inevitable, and that certainly affect a current price moving on an upward trend. But one thing is sure, if today's price consistently increase and reaches another peak without hints of dropping low, then most likely this could be the start of a bullish market after a long streak of seeing the market bearish.

I think bullish and bearish are more like a trend, not price in one day or two days. With my stance, I disagree to consider today is bullish and tomorrow is bearish, it's too short time and not enough to create any market trend.

Either market is bullish or bearish in months, with Bitcoin history, if you can buy, accumulate and hold bitcoin several years, you do the right things and Bitcoin will make you richer.

Ignore bullish or bearish, news about that, focus on your investment: accumulation and holding, then taking profit gradually if you want.

The chart shows yearly trend that is bullish.
https://newhedge.io/bitcoin/yearly-candles

[Pandorak]

We are seeing the beginning of a new bull market or only a temporary movement?

I’m still not convinced, because there are various factors that could affect the price and lead to another decline, but i’m hoping for a lot of good news in the coming weeks.

Many are predicting/analyzing that Bitcoin will reach $100k before the end of the year. But i don’t see any certainty yet, to be honest $45k is still an interesting level in this bear market cycle, and that price hasn’t been touched at all yet.

[ndutndut]

We are seeing the beginning of a new bull market or only a temporary movement?

I’m still not convinced, because there are various factors that could affect the price and lead to another decline, but i’m hoping for a lot of good news in the coming weeks.

Many are predicting/analyzing that Bitcoin will reach $100k before the end of the year. But i don’t see any certainty yet, to be honest $45k is still an interesting level in this bear market cycle, and that price hasn’t been touched at all yet.

Right now Bitcoin is around $84k after recently touching almost $87k, and it's not impossible that Bitcoin could reach the $100k level by the end of the year if there's positive news like you said. But clearly speculation out there is all over the place some might be right some might be wrong. What’s certain is that buying with a DCA method is a good choice.

If you look at the upward movement from the low around $58k to the current price it still hasn’t clearly confirmed the start of a new bullish market. Even though many analyses call this a recovery phase within a bearish cycle, where there are still many news or decisions that can influence things, like the Fed, ETF, and other sentiment factors that could still trigger a correction. But Bitcoin dropping to $45k in a bear scenario to me right now seems unrealistic unless there’s huge pressure that could shake the market.

[Female King]

We are seeing the beginning of a new bull market or only a temporary movement?

Based on my analysis, I think the price of Bitcoin might still drop to around $60k+ which I think is going to be the final low before the bull market will fully start, it also depends on some factors which might with not let price to drop that low again or even go blow that level as some people are still speculating that price might drop to $40k which I don't know what's giving them the hope that price will really go that low again. However, no body can actually be 100% sure, price could still do what it likes to do.

I don't think bitcoin price will go below $40k that's too low although we can't tell for sure but $40k is almost impossible, dropping to $60k-50k is possible and going above $100k is also possible before the end of this year. I know that there have been several speculation about the price of bitcoin but nobody saw the august increase in price of bitcoin coming, the increase came as a surprise to people. This is to say that we shouldn't be worried about the price of bitcoin for those investing in bitcoin for a longer time just continue to accumulate bitcoin and watch the price increase in the future.

[wapwapwendy]

Bitcoin left the low phase and shot up. August had one of the best performances in years.

One of the many explanations is the weaker dollar. Historically, Bitcoin and gold usually benefit when the dollar loses strength.
Another point that calls attention is the public debt of the USA, that in August passed the US$40 trillion for the first time.

 Alot of people seem be seeking assets that serve of protection against the growth of the debt.

We are seeing the beginning of a new bull market or only a temporary movement?

It’s hard to call it a new bull market from price action alone. The dollar, liquidity, and macro conditions can all influence Bitcoin, but we probably need more time and sustained demand before knowing whether this move has legs.