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Author Topic: What stage of the bullrun are we currently at?  (Read 1297 times)

Offline target

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Re: What stage of the bullrun are we currently at?
« Reply #15 on: July 03, 2024, 08:12:18 AM »
No one will buy or sell altcoins at a loss, so get rid of anything that hurts you. If you study the market closely, you will notice that the price of bitcoin has increased several times over the past. But it's clear that we haven't seen the bull market yet so you can buy top altcoins considering this time. So far the price of altcoins is going slow in the market so don't want to sell bitcoin or other altcoins to avoid loss rates.

From historical data we'll see bull run from 2025. And imo altcoins will bleed more and we might likely see BTC around 50k region this year.

Its the stage of panic selling when the price goes this low. It slike the market is looking to once again dumping. BTC is dipping while altcoins are not.

But I don't really see price diving to 50k. There are less sellers today which is why I'm just seeing price will stay around 60k and maybe dip below quicky and also goes up quickly. Couldn't guarantee whether it goes up either so most likely price will seesaw from here.



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Re: What stage of the bullrun are we currently at?
« Reply #15 on: July 03, 2024, 08:12:18 AM »

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Offline Kemarit

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Re: What stage of the bullrun are we currently at?
« Reply #16 on: July 03, 2024, 09:23:31 AM »
No one will buy or sell altcoins at a loss, so get rid of anything that hurts you. If you study the market closely, you will notice that the price of bitcoin has increased several times over the past. But it's clear that we haven't seen the bull market yet so you can buy top altcoins considering this time. So far the price of altcoins is going slow in the market so don't want to sell bitcoin or other altcoins to avoid loss rates.

From historical data we'll see bull run from 2025. And imo altcoins will bleed more and we might likely see BTC around 50k region this year.

No usually after a couple of months from the halving, we will see a rise in the price, so in this case, 2024 is the halving year so before the end of the year, we should see something big happening. Right now it seems that we have some negative news specially the Mt. Gox distribution that really affected the market last month and this month as well.

Nevertheless we still have December 2024 and I do think but that time we might be close to 6 digits already. As for the stage, doesn't matter though, if the price continue to be on sideways then perhaps we could consider this as still a accumulation phase. Which means we  can still get and buy at a cheap price before it goes off on a parabolic rise and hits $100,000.
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Re: What stage of the bullrun are we currently at?
« Reply #16 on: July 03, 2024, 09:23:31 AM »

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Offline bee

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Re: What stage of the bullrun are we currently at?
« Reply #17 on: July 03, 2024, 11:05:48 AM »
I think we are entering a bearish-sideway stage. The Mt.gox distribution news FUD is taking it to a lower price point and will likely deepen when the distribution actually occurs. I think you should prepare some more $ to accumulate the bitcoins that those creditors dump away.

BTC is dipping while altcoins are not.
Come on, look again.
I'm not a fan of meme or other shitcoins, but my alts portfolio has dropped over 50% for BTC's 15% drop since the ATH. :-\

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Re: What stage of the bullrun are we currently at?
« Reply #18 on: July 03, 2024, 01:40:11 PM »
Everyone who respects the history of cycles would most likely think that this the final accumulation stage before the last leg up for this cycle. Now, if you're someone that has a contrarian view, then feel free to hide in fiat and free yourself from he stress of volatility.

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Re: What stage of the bullrun are we currently at?
« Reply #19 on: July 03, 2024, 01:52:17 PM »
Everyone who respects the history of cycles would most likely think that this the final accumulation stage before the last leg up for this cycle. Now, if you're someone that has a contrarian view, then feel free to hide in fiat and free yourself from he stress of volatility.

Yeah, June is historically a dip month, so most likely we should just continue to accumulate as much as we can in that period. July could be different, however, we have seen the price going down as well from $63k-$60k so that is not a good sign.

Others might pegged their crypto to USDT to stop the bleeding, however, if we will just be a long term holder, then we should just continue to accumulate at this phase no matter what.

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Re: What stage of the bullrun are we currently at?
« Reply #20 on: July 03, 2024, 03:15:40 PM »
No one will buy or sell altcoins at a loss, so get rid of anything that hurts you. If you study the market closely, you will notice that the price of bitcoin has increased several times over the past. But it's clear that we haven't seen the bull market yet so you can buy top altcoins considering this time. So far the price of altcoins is going slow in the market so don't want to sell bitcoin or other altcoins to avoid loss rates.

From historical data we'll see bull run from 2025. And imo altcoins will bleed more and we might likely see BTC around 50k region this year.

Its the stage of panic selling when the price goes this low. It slike the market is looking to once again dumping. BTC is dipping while altcoins are not.

But I don't really see price diving to 50k. There are less sellers today which is why I'm just seeing price will stay around 60k and maybe dip below quicky and also goes up quickly. Couldn't guarantee whether it goes up either so most likely price will seesaw from here.

          -   In my analysis, I also do not see that Bitcoin will fall to the maximum of 50k$ in the correction we are experiencing now in the market, we are still bullish even if it drops 57 000$. In my opinion, it looks like September onwards will start here that there will probably be an uptrend.

Because according to what I've researched on the history of the bull run, that's what happened when it started rallying in bitcoin little by little in terms of its price in the market. And it's possible that the same scenario will happen again in my opinion.

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Re: What stage of the bullrun are we currently at?
« Reply #21 on: July 03, 2024, 06:13:16 PM »
Everyone who respects the history of cycles would most likely think that this the final accumulation stage before the last leg up for this cycle. Now, if you're someone that has a contrarian view, then feel free to hide in fiat and free yourself from he stress of volatility.

Yeah, June is historically a dip month, so most likely we should just continue to accumulate as much as we can in that period. July could be different, however, we have seen the price going down as well from $63k-$60k so that is not a good sign.

Others might pegged their crypto to USDT to stop the bleeding, however, if we will just be a long term holder, then we should just continue to accumulate at this phase no matter what.
I think we are still in a consolidation phase where investors are in accumulation and based on my observation if there is a breakout either down or up then a possible trend will follow whether it is downtrend or uptrend and that will I think is a sign of an entry if there really is confirmation so yeah hold or DCA.

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Re: What stage of the bullrun are we currently at?
« Reply #21 on: July 03, 2024, 06:13:16 PM »


Offline Jamal Aezaz

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Re: What stage of the bullrun are we currently at?
« Reply #22 on: July 06, 2024, 12:16:35 PM »
No one will buy or sell altcoins at a loss, so get rid of anything that hurts you. If you study the market closely, you will notice that the price of bitcoin has increased several times over the past. But it's clear that we haven't seen the bull market yet so you can buy top altcoins considering this time. So far the price of altcoins is going slow in the market so don't want to sell bitcoin or other altcoins to avoid loss rates.

Nobody will be in desire to buy any coin that is not worthy and no one will want to sell his coin at lower worth to minimize his invested amount therefore one should just read the market situations and if he cannot identify the accurate coin then he should invest in top coins only.

The market is still not performing well due to which the price of Bitcoin and altcoins are very low so it can be considered as a good moment to buy some potential coins to take advantage after initiation of bull season which will take little time to happen.
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Re: What stage of the bullrun are we currently at?
« Reply #23 on: July 06, 2024, 12:27:35 PM »
Whatever it's called, we're in the phase that everyone is still given time to buy. Because if no one will take these moments as opportunity, many of you are going to miss it. Whoever makes these posts on X, they want your engagement. But it's a timely discussion, accumulation phase or not, you take advantage of the dip whenever you can. If not, you just have to look at that phase until we reach back to the peak.

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Re: What stage of the bullrun are we currently at?
« Reply #24 on: July 07, 2024, 07:34:21 PM »
No one will buy or sell altcoins at a loss, so get rid of anything that hurts you. If you study the market closely, you will notice that the price of bitcoin has increased several times over the past. But it's clear that we haven't seen the bull market yet so you can buy top altcoins considering this time. So far the price of altcoins is going slow in the market so don't want to sell bitcoin or other altcoins to avoid loss rates.

Nobody will be in desire to buy any coin that is not worthy and no one will want to sell his coin at lower worth to minimize his invested amount therefore one should just read the market situations and if he cannot identify the accurate coin then he should invest in top coins only.

The market is still not performing well due to which the price of Bitcoin and altcoins are very low so it can be considered as a good moment to buy some potential coins to take advantage after initiation of bull season which will take little time to happen.
If the market is having strong movement to the downside, I don't think it's good to buy. We retail traders can't make any movement in the market by ourselves especially in huge marketcap coins such as Bitcoin, only the Institutions and whales can make a great move. So instead of buying when the price is falling, how about buying when the price is starting to move upwards, I think that's the best time to buy especially when investing.

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Re: What stage of the bullrun are we currently at?
« Reply #25 on: July 07, 2024, 07:47:32 PM »
Op, from the look of things, we have net yet entered into the bull run which you are anticipating. We are still at the price correction stage which happens after the halving before the bull run starts. So we are likely to see the dump and sideways trend now, and when we finally arrive at the bull run, we'll be experiencing a drastic pump from the price of Bitcoin, though altcoins may also participate in the bull, so if you feel like diversifying you can do that, or if your prefer just hanging on with Bitcoin then that is also the a nice idea. Don't get freaked by the current dump it will be over sooner or later.
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