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Author Topic: What if the bullrun is over?  (Read 2616 times)

Online Roseline492

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Re: What if the bullrun is over?
« Reply #45 on: July 08, 2024, 09:17:00 PM »
True. Bitcoin needs to increase above $80k in order to break $100k. If it never happens, I am also worried that many investors will be very disappointed. I suspect there will be massive people to exit if no big increase in Bitcoin price. This will be safe if Bitcoin really cross $100k.

You are right but considering the fact that Bitcoin price use to make a serious correction after halving, investors should understand that this is a normal movement for Bitcoin, and in as much as Bitcoin price normally start increasing on the year the halving took place doesn't mean that is going to repeat every season, so perhaps it could be that Bitcoin is planning to make a serious move from next year.

Though all hope are not totally lost in terms of moving up a bit this year because already we still have some months to the end of the year, so in as much as we may feel that Bitcoin price will not go up this year but anything could be possible because I have see how Bitcoin have use a space of one month and move very higher, so actually I see no reason why people should be disappointed in Bitcoin if it does not move the way they had expected because already is certain that with time it will continue the uptrend so they shouldn't panic about it.

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Re: What if the bullrun is over?
« Reply #45 on: July 08, 2024, 09:17:00 PM »

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Re: What if the bullrun is over?
« Reply #46 on: July 08, 2024, 10:50:31 PM »
You might not be far from the truth. Whenever the bull run is over, only few people see that coming and few people would sell all there bags while the rest are still bullish and that's how everyone is feeling right now, the market will be dumping gradually until a bed rock of support is form where a reversal start again where we do see some consolidation or another leg up like higher low continuesly.

But I think some people are depending on the demand of the institutional investors because the interest is there, there are more ETF people are expecting like to the ethereum and Solana, this news will draw more interest and the market can go another run from where we stop.
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Re: What if the bullrun is over?
« Reply #46 on: July 08, 2024, 10:50:31 PM »

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Re: What if the bullrun is over?
« Reply #47 on: July 08, 2024, 10:59:20 PM »


As for me, I won't be cool, and this is because I am already in almost 80 percent loss in most of my Altcoins holdings. 🤣

That really hurt I know how it feels there was a time when I lost 95% of my holdings, sometimes we should not give ourselves false hope that things are going better, we should assess our portfolio from time to time and accept the fact that we should sell anytime to cut our losses.

Hanging onto our dear coins will result in bigger losses, I was holding to my coin when I was done 20% slept on it, and wake I was down 60% so things happen when you are sleeping and you have to make crucial decisions, cut your losses or holding on and hope the price will recover.
Someone cutting their losses at this time is not a good idea to take rather than holding on and hoping that their altcoins hodl in their portfolio will recover when is time for altcoins season.

I started investing in some potential altcoins last year and I am not being shaken by the losses made from it rather than being optimistic that their price will recover when it's time.

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Re: What if the bullrun is over?
« Reply #48 on: July 08, 2024, 11:09:15 PM »
it may be caused of the issue on US Presidential election. We also hear about MT Gox news. These some big issues surely influence the demand in the market. But this will last temporarily only!

These are just temporary issues affecting the market currently. It is always a norm in the Crypto space that when it comes to issues or news bothering the US general elections, it kind of affects the Crypto generally. It happened the.last  US general elections and now it is happening again. I believe it would be over and we all know that when it comes to occurrences like the MT GOX  news as you have said, things of that nature also have a downtone on the market because it calls for pannic but in all, the market would pick up after a while. So it is better for those who wants to invest to take advantage of the situations as it affects the market price declining to hold and bag more while it last for a while.
Politics should not be able to have a direct impact on Bitcoin price movements directly, but this all happens because of whales who try to take advantage of this moment to cause price movements and make profit withdrawals. Whales with the money they use for trading are in such large amounts that it is impossible for them to move market prices without bad or good news circulating in several large media that are often visited by Cryptocurrency observers.

Politics should not be an effect though but the current situation of things warrant such to be. The leader's who makes the law are politicians in one way or the other. Policies passed are approved by the assembly or congress which validates my point. The US last general elections had a downtone on the Crypto market as it went bear before and after elections. There is this fear any time it is general elections and the panic to sell arises because there is always an uncertainty that whom ever wins might put a law that would either favour or affect the Crypto but currently now the major contenders are really talking positive towards crypto which is a good thing.
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Re: What if the bullrun is over?
« Reply #49 on: July 11, 2024, 10:24:52 AM »
Yeah, it's a simple but scary question to many of us, most especially those who started investing in bitcoin and Altcoins recently in preparation for the coming bull run, what if the bull run is actually over?

And do you know that those who bought bitcoin at the price range of $14k to $20k have had a good bull run already? Yeah, they have made massive profit.
Remember Solana was below $20 at the time the price of bitcoin was below $20k, but Sol almost touched $200 before the present crash we are seeing - what if that was the bull run, and right now, we are in another three years long bear season again?

Just imagine it and tell us what you did feel like if this was to be the case..
Imaging will not give the answer that was the peak bear moment when BTC and SOL were that low. People buying at that moment are the real benefactors they saw the opportunity and took it. I even saw the prices of BTC and SOL at that moment but did not have the funds to buy more. That time was the best time to fill your bags with BTC and other good coins. The bull run is not over yet because BTC did not make its ATH.

We know that btc made an all-time high after the bull run and it was not made this time. It is made before the halving but I don't call it as one because it has to be made after halving. Some people are saying there are 2 phases to bull run and the first is over and the second is coming after this dip. Let's say people will dump BTC buy Alts and then dump alts and buy BTC. Is this how the cycle will go.
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Offline lepbagong

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    Seventh year Anniversary 2500 Posts 50 Poll Votes
Re: What if the bullrun is over?
« Reply #50 on: July 12, 2024, 07:54:05 AM »
The question OP asked is a simple one but very scary. If actually the bull run has come and gone, it is a problem to the investors. Especially long-term investors who were waiting for this opportunity to cash out. But whatever is the case, the best option to use going forward is the DCA method which will keep the investor in check until when necessary to exit the market. Don't be surprised, everything is possible in this industry.
If what is said is true, it will certainly arouse the curiosity of almost all those who invest, because the time they have been waiting for a long time has not happened and failed to happen, even though this possibility is always there, and it may or may not be. I agree, the DCA scheme is the best way to act immediately if something undesirable actually happens.
Even though what you say is a possibility that could happen in this industry, the optimism of most investors is not as predicted by the op, hopefully this is a sweet spice that can be obtained in the future.
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