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Author Topic: When is the bull run?  (Read 3800 times)

Offline Jomisa

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When is the bull run?
« on: June 25, 2024, 05:47:37 PM »
Begining of the year they were excitement in the crypto space about bull run probably starting Q2 of 2024. I actually believed and thought we'd see some greens especially after halving probably I'm wrong. But we've been nothing except for lows upon lows. I'm curious though. When is the bull run happening? Pls educate me if I'm wrong..

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When is the bull run?
« on: June 25, 2024, 05:47:37 PM »

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Re: When is the bull run?
« Reply #1 on: June 25, 2024, 06:00:39 PM »
Begining of the year they were excitement in the crypto space about bull run probably starting Q2 of 2024. I actually believed and thought we'd see some greens especially after halving probably I'm wrong. But we've been nothing except for lows upon lows. I'm curious though. When is the bull run happening? Pls educate me if I'm wrong..

If there is anything I have learn from crypto is learning to accept my own judgement and not to depend on what other people says here. We might really not pass the all time high that has been seen this year because we were stuck in 60k for two good months which is enough to move further but nothing came despite the food news coming from institutional investors.

Another challenge here is that MT. Gox announcement yesterday to start disbursement of Bitcoin and Bitcoin cash to the affect victim of the exchange and there was some Bitcoin moves by Germany government to some exchanges, this two things contributed to the crash and if this bad news continue to come, we will see more down in the price.
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Re: When is the bull run?
« Reply #1 on: June 25, 2024, 06:00:39 PM »

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Offline jeraldskie11

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Re: When is the bull run?
« Reply #2 on: June 25, 2024, 06:37:00 PM »
Begining of the year they were excitement in the crypto space about bull run probably starting Q2 of 2024. I actually believed and thought we'd see some greens especially after halving probably I'm wrong. But we've been nothing except for lows upon lows. I'm curious though. When is the bull run happening? Pls educate me if I'm wrong..
If we looked back at the chart from all the halving phases of Bitcoin you will see that right after or before the halving there is huge dump before the price will explode. What we see in the market right now might be the temporary bearish momentum of the price before it goes up. Don't listen to people without evidence, you should learn to research on your own to verify if their words are truth.

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Re: When is the bull run?
« Reply #3 on: June 25, 2024, 08:09:11 PM »
I actually believed and thought we'd see some greens especially after halving probably I'm wrong. But we've been nothing except for lows upon lows. I'm curious though. When is the bull run happening? Pls educate me if I'm wrong..

Bitcoin halving occurred on April 2020. Bitcoin was $59600 on April 19th and got to $65400 on April 20th. It closed below $64000 on that day. Bitcoin price today got to $62000. So what low are you referring to?

One of the best strategies is to not invest all at ones, you can use DCA if you are confused of the price.
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Re: When is the bull run?
« Reply #4 on: June 25, 2024, 08:13:06 PM »
Begining of the year they were excitement in the crypto space about bull run probably starting Q2 of 2024. I actually believed and thought we'd see some greens especially after halving probably I'm wrong. But we've been nothing except for lows upon lows. I'm curious though. When is the bull run happening? Pls educate me if I'm wrong..
I don't think there is any public or person who can give 100% guarantee when will be Bull Run started it's fully depend on market situation and halving effect. In general, the effect of bitcoin halving takes about a year to fully wear on the market, it may be shorter or longer. And this one-year prediction is mostly told by looking at the records made in the past seasons, and there is no guarantee that the future market will continue according to the records left behind.
However, if the market correctly follows the previous history, then maybe in the beginning of 2025 or in the first quarter, as a result of halving, miners will have to sell bitcoin to run the mining cost and that positive effect is what we know as bull season.

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Re: When is the bull run?
« Reply #5 on: June 25, 2024, 09:48:23 PM »
Begining of the year they were excitement in the crypto space about bull run probably starting Q2 of 2024. I actually believed and thought we'd see some greens especially after halving probably I'm wrong. But we've been nothing except for lows upon lows. I'm curious though. When is the bull run happening? Pls educate me if I'm wrong..
Don't always assume that things always go according to your expectations, because in reality you don't control Bitcoin completely... there is demand and supply which makes the price fluctuate... if asked when a bullrun will occur, I'm sure that instead of telling mature data about the exact time, someone would prefer to keep it and want to enjoy the benefits themselves.

If you believe in Bitcoin, then what you do is HODL in the long term... that's more promising than having too much FOMO in seeing Bitcoin price movements where there are only two possibilities, bearish and bullish... buy when bearish, and sell when bullish...if you want maximum profit.

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Re: When is the bull run?
« Reply #6 on: June 26, 2024, 08:30:22 AM »
Begining of the year they were excitement in the crypto space about bull run probably starting Q2 of 2024. I actually believed and thought we'd see some greens especially after halving probably I'm wrong. But we've been nothing except for lows upon lows. I'm curious though. When is the bull run happening? Pls educate me if I'm wrong..

For now we falling...
The market (specifically, the price of BTC) reacted to the fact that soon Mt Gox users will be given 142,000 Bitcoins.
Quote
MtGox has announced the start of payments in Bitcoin and Bicoin Cash from July.
We are talking about entering the market of more than 141,000 BTC and BCH worth over $ 9 billion.
And logically, these funds will either be sold.
Because the exchange rate is high, and people need their cache, some of them will definitely immediately merge the cue ball received from the missing exchange.
However, there is also a chance that the distribution may actually win back less than the release of this news itself.
We've seen this before.
Funds will be distributed by October 31, 2024.
Empty

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Re: When is the bull run?
« Reply #6 on: June 26, 2024, 08:30:22 AM »


Offline pakhitheboss

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Re: When is the bull run?
« Reply #7 on: June 26, 2024, 09:21:26 AM »
For now we falling...
The market (specifically, the price of BTC) reacted to the fact that soon Mt Gox users will be given 142,000 Bitcoins.
And logically, these funds will either be sold.
After these Bitcoins are refunded you are right there is a high probability of them getting sold. It will temporarily affect the price of Bitcoin and can lead to a bear market. To recover I guess it will take time and probably by next year or later on this year we might be able to see a bull run. By November of this year, Ethereum ETF should start trading and if it is a success like Bitcoin ETF then we might see an alt season by the end of this year.
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Offline Husires

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Re: When is the bull run?
« Reply #8 on: June 26, 2024, 10:10:17 AM »
It was supposed that a correction would occur in March so that the price would return to the levels of $30,000, and then we would gradually rise to $60,000 by June, then $90,000 before the end of the year, and perhaps $150,000 before the end of next year.
The approval of the ETFs pushed the price higher so there was no correction but the overall path remains consistent with previous Bitcoin cycles.
When is the bull run? We are already in bull run

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Re: When is the bull run?
« Reply #9 on: June 26, 2024, 02:16:53 PM »
Begining of the year they were excitement in the crypto space about bull run probably starting Q2 of 2024. I actually believed and thought we'd see some greens especially after halving probably I'm wrong. But we've been nothing except for lows upon lows. I'm curious though. When is the bull run happening? Pls educate me if I'm wrong..
Don't always assume that things always go according to your expectations, because in reality you don't control Bitcoin completely... there is demand and supply which makes the price fluctuate... if asked when a bullrun will occur, I'm sure that instead of telling mature data about the exact time, someone would prefer to keep it and want to enjoy the benefits themselves.

If you believe in Bitcoin, then what you do is HODL in the long term... that's more promising than having too much FOMO in seeing Bitcoin price movements where there are only two possibilities, bearish and bullish... buy when bearish, and sell when bullish...if you want maximum profit.
Now this is the most important thing, don't let what we expect goes smoothly, because if the opposite happens, maybe we will be a little annoyed when we see price movements that actually move in the opposite direction.

Even though it is legal to carry out analysis and predict prices, don't use it as a benchmark because what we predict may not happen in the near future. However, what is clear is that I believe that the bull will appear, but as for when, I cannot say for sure.

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Re: When is the bull run?
« Reply #10 on: June 26, 2024, 03:32:44 PM »
Begining of the year they were excitement in the crypto space about bull run probably starting Q2 of 2024. I actually believed and thought we'd see some greens especially after halving probably I'm wrong. But we've been nothing except for lows upon lows. I'm curious though. When is the bull run happening? Pls educate me if I'm wrong..
Bitcoin price increases after Bitcoin halving but there is no assurance  that it will increase immediately. We have seen the Bitcoin halving this year and considering the aspects that the Bitcoin ETF approved prior to this halving, the upside potential for the Bitcoin price was high. But since we haven't seen that bull session yet, we must wait. A bull run will happen but while it is impossible to say exactly when it will happen, we can guess that we will likely see a strong bull run at the end of this year or early next year.

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Re: When is the bull run?
« Reply #11 on: June 26, 2024, 04:22:58 PM »
Begining of the year they were excitement in the crypto space about bull run probably starting Q2 of 2024. I actually believed and thought we'd see some greens especially after halving probably I'm wrong. But we've been nothing except for lows upon lows. I'm curious though. When is the bull run happening? Pls educate me if I'm wrong..
Based on my personal analysis we are still in the peak compared to prices some years ago so I still considered it as bullish but if it creates new break out on higher timeframe from it's lower lows then there is a possibility of price continue to go down so yeah expect reversal if it happens but if not then there is continuation in upward direction.

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Re: When is the bull run?
« Reply #12 on: June 26, 2024, 05:19:30 PM »
Don't be too quick to judge the market, everything happens with time, we quite anticipated the Bitcoin halving which should be the pioneer of the bull run and it has happened already, all what is left for us is to continue accumulating in our portfolio, catching several mini Dips and hold our investment because definitely we must see the bull season, investment like this are known to be for long term which requires patience.
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Re: When is the bull run?
« Reply #13 on: June 26, 2024, 05:35:45 PM »
hmm, We are already entered the Bull market in my point of view, where Bitcoin has broken its last All-time-high and has made a new all time high, which is near 73K if i am not mistaken. Well, the Investors are highly bullish on Bitcoin, where it can reach 100k by the end of this year. DYOR! So, it all depends on our plan, what we have decided, or we have st the goal for exit from the market. From my point of view, planning for enrty point matters, but planning to take the exit and setting goals matters more because if we become greedy or careless, we have to see losses as well. DYOR!

We should have clear goals so that we can be easy in the coming days. We should also do DCA for taking exit from the market, like we should not take exit at once; we should book profits from time to time. On the other hand, in case, we makret go more up according to the goals we have set, we should not feel regret, as we have already achieved what we have set. I am saying this because the crypto market is so unpredictable. Anything can happen at any time, and the market can even crash. DYOR! Many Thanks
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Re: When is the bull run?
« Reply #14 on: June 26, 2024, 05:37:23 PM »
Begining of the year they were excitement in the crypto space about bull run probably starting Q2 of 2024. I actually believed and thought we'd see some greens especially after halving probably I'm wrong. But we've been nothing except for lows upon lows. I'm curious though. When is the bull run happening? Pls educate me if I'm wrong..

Have you considered where we started the year from and how we have landed here where we are, you cannot say that by now we are done with the bullrun yet because we are still in its season, if the market go bearish doesn't say that we are not going to have anything with the market going bullish at any time soon, things easily change up for the crypto markets base on the level of demands and supplies.

 

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