Bull run started already ?

[therozaq]

Now standing at 52k and there are still sign that it will continue growing means we are seeing 55k any time now and if continued then we are expecting 60 finally but I'm not sure there is chance for that happening before halving as this is not how market going for the past years not unless there is something good from the ETF providing .

If bitcoin price shows good movement like 2 weeks later, I think 60K will reasonable to reach before halving. Many high expectations, bit we must reasonable. Bitcoin will touch more $ 150K during bullish. It's my prediction.

[Google+]

If bitcoin price shows good movement like 2 weeks later, I think 60K will reasonable to reach before halving. Many high expectations, bit we must reasonable. Bitcoin will touch more $ 150K during bullish. It's my prediction.

It is still impossible to determine where the price movement of Bitcoin will go, but if you look at the increasing demand and see the busy transactions on the Bitcoin network, it will make the price even higher. Hopefully there will be no bad news that will make everyone's hopes of reaching the price of $60k can be achieved easily.

[Power420]

The current position Bitcoin price is in has definitely turned into a bull market. Bitcoin price hits record high of 2024 Touched up to $52,500, new year's record high for Bitcoin price. According to the four-year cycle, it is normal for the price of Bitcoin to increase before the halving, as the price of Bitcoin has increased, it will surely decrease and investors will have an opportunity to invest before the halving. Currently, the price of Bitcoin is so high that Bitcoin has become a bull market. Bitcoin price is likely to increase further as all investors are holding Bitcoin for a long time as everyone is looking forward to 2025. Because the biggest bull run will start in 2025.

[MrSpasybo]

The current position Bitcoin price is in has definitely turned into a bull market. Bitcoin price hits record high of 2024 Touched up to $52,500, new year's record high for Bitcoin price. According to the four-year cycle, it is normal for the price of Bitcoin to increase before the halving, as the price of Bitcoin has increased, it will surely decrease and investors will have an opportunity to invest before the halving. Currently, the price of Bitcoin is so high that Bitcoin has become a bull market. Bitcoin price is likely to increase further as all investors are holding Bitcoin for a long time as everyone is looking forward to 2025. Because the biggest bull run will start in 2025.

First of all, I'm glad that the BTC price increased to $52.5K this week, which made the crypto market more exciting and many investors started to pay attention to BTC and ALTS. Thanks to the increase in BTC price, my account also made more profits.

However, I consider BTC's price increase from $15K to now as unsustainable. For me, it would be better if BTC had a correction of about 20-30% right at this time to retest important support price zones before continuing to grow and create new ATH after Halving. I predict BTC's peak ~$160K will come in May or November 2025, which would be too early for BTC to grow strongly right now.

[Rubel007]

Is there anything behind this market upward movement today? It seems like I'm missing something in the crypto news market, or has the bull run already started?

The current market conditions are certainly giving some indication that we may have to wait a little longer for bullish movement in BTC but investor confidence has managed to exceed that expectation. BTC has gained about 17 percent in the last 7 days signalling a bull run. If this trend continues, we will soon be able to easily pass the previous ATH and see a new ATH. Crypto market cap has already crossed 2 trillion. The bullish market will be stronger than ever as Bitcoin ETF approves this year. Bitcoin price has already increased 1 percent in 24 hours. Currently the price of each bitcoin is around $52000 and there is a possibility to reach 55000 soon.

[ZAINmalik75]

If the market continue to move in this speed we might likely hit NEW ATH before the halving period.

I heard a few reasons till now, one is the old patterns that show the market is always bullish near the lunar year of China, and this time it also follows the same pattern that many analysts were expecting already and another reason I heard of is reverse H&S pattern which is shared by one of the local community member. That pattern shows a bullish uptrend of the BTC.

I think currently BTC price is so undervalued and is being pressurized by someone so that it doesn't go up, I know it's a feeling but BTC should be at around $60k till now. It is still holding its position above $50k and I think once it sets its support there, the market is in a bullish trend now. You don't miss anything yet because there is more to come.

[TOYMAN]

We have all seen Bitcoin break through its long-term resistance after a long time. That means bitcoin has started a small bull market. Bitcoin has risen to this price after almost 25 months. Every time before bitcoin halving a small bull market takes place. which we see now. But I think market will fall again before halving. Because big companies will buy again if bitcoin is dumped. Now it's time to see when the market will dump and pump again.

[Don Pedro Dinero]

As a picture is worth a thousand words, I will illustrate with one picture why I believe we are in a bull run.



That does look to me like we are already into the bull run. The only thing to keep in mind is that there are going to be some dips in the road and it will still take time to get over the previous ath, but I think we are going to enjoy this year.

[Faisal2202]

Is there anything behind this market upward movement today? It seems like I'm missing something in the crypto news market, or has the bull run already started?

There is no specific news that has caused an uptrend it is just the market's sentiments that have influenced it to go up plus there is this lunar year sentiment in the minds of users which made them bullish on BTC, and if they are bullish then it means they are not selling, and price will increase ultimately. It's not something for sure but we saw last time the market reaching $48k and now touched $52 easily.

It's just the market's and user's sentiments that are playing BTC price. Besides all this, there are other factors, like the CPI which also does not have any big influence over the price, or maybe had I guess, and there are these ETFs acquiring more and more BTC, but as they are not making the deals of these BTC on chain, so it is not putting any big impact on the market.

[Agbe]

I was also confused on the hike of price and I think on the 13th of February 2024, the price of bitcoin had already hit $50,000 and on the 14th of the same month bitcoin was $51,000 and in the 15th of the same month which is today bitcoin he's hitted $52+k and I have been saying it before, for those who join the investment in the time when bitcoin was $40k and below this is already in their All Time High and for those who join when the price was $60+k then this is still a bear market to them. Bitcoin bull run will start after the halving. All these are just the indication to the Bull market and telli people to be well prepared. And there is no good news this days and the price is increasing tremendously.

[therozaq]

It is still impossible to determine where the price movement of Bitcoin will go, but if you look at the increasing demand and see the busy transactions on the Bitcoin network, it will make the price even higher. Hopefully there will be no bad news that will make everyone's hopes of reaching the price of $60k can be achieved easily.

Negative issues are old problems that cause Bitcoin prices to drop, and they happen often.  Currently bitcoin looks strong, and has good movement in the crypto market.  There will be a correction but it won't have an effect, but if there is bad news and the impact is big enough, Bitcoin will probably drop again.  Hopefully there aren't any

[TopT3ns]

Negative issues are old problems that cause Bitcoin prices to drop, and they happen often.  Currently bitcoin looks strong, and has good movement in the crypto market.  There will be a correction but it won't have an effect, but if there is bad news and the impact is big enough, Bitcoin will probably drop again.  Hopefully there aren't any

So, with bad news, it will provide an opportunity for traders who want to get in at cheap prices and allow whales to buy Bitcoin in greater amounts. For those who are professionals, they will make good use of the bad news that can make the price of Bitcoin collapse, but amateur traders will panic and sell at a loss all the assets they own.