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.