Will the bull season continue forever????

[Gposas]

I was tensed to start this topic because of the perspective of some fraction BTC HODLers I came across, with the saying that goes "I will HODL my asset until it's price reach $300k and that will be by January 2025"....
What!!!! Could this really be as it seems....

I begin to wonder if some calibre of people take the Crypto market as a magical land where you makes wishes and they come through... Believing that as the market is experiencing green candles and uptrends, it is likely to continue it forever.... Forgetting that there are factors that determines the trend of the market.

I also see most analyst speculating the price of BTC to touch $100k before the end of the year which is most likely possible... And most HODLers are willing to sell at this price range simply meaning that the market will experience some little down trend after such sell off. Giving rise to the bearish season and it will likely stay for a period of time before another bull run.

In conclusion, most people tend to give speculations that are not real and may likely persuade newbies to fall into some risks that may take a longer time to be retraced..
That's the reason it is always advised to DYOR before diving into any aspect of crypto..

Your thoughts..

[Mia Chloe]

The fact is in real ideal market situations or conditions it's almost practically impossible to have a particular trend go on forever. weather it downtrend or uptrend it will definitely change at some point depending on different conditions that affects that particular commodity or pair on the market. When you see Bitcoin enthusiasts of the opinion that bitcoin will get to 300k, literally speaking they don't actually mean price will continue to pump without any rejection till it gets to a 300k mark.

The idea is the market remain in and uptrend generally however in a smaller time frame perspective you may see other trends like ranging or downtrends in the process. In fact it's very possible to get a big downtrend that would later resume to the upside.

[Fivestar4everMVP]

I also see most analyst speculating the price of BTC to touch $100k before the end of the year which is most likely possible... And most HODLers are willing to sell at this price range simply meaning that the market will experience some little down trend after such sell off. Giving rise to the bearish season and it will likely stay for a period of time before another bull run.

In conclusion, most people tend to give speculations that are not real and may likely persuade newbies to fall into some risks that may take a longer time to be retraced..
That's the reason it is always advised to DYOR before diving into any aspect of crypto..

Your thoughts..

Well, all that you have said is nothing but the truth, but like it's often said opinion is an entitlement, we can't really blame people who decided to share their personal opinions to the public which like we all know; shouldn't be taken as a financial advice by anyone.

When someone says that he is holding bitcoin till one of it is worth $300,000, and also said that one bitcoin will be worth the said amount by next year, it's hard to believe that Bitcoin can achieve that much in such a short time, but still, it's important we know that nothing is really impossible..

But then, the ultimate advice is that we all should always do our personal research, and only invest the much we can comfortably afford to loose regardless of what is being said or speculated out there.

[rachael9385]

Wow $300k dollars by January 2025 what a magic? Definitely it may get to that amount at anytime but I don't think it would be anytime soon in January, it took almost a year before the price added earlier this November.
But the way people are being confident that Bitcoin is going to be multiplying by every month is a surprise to me.

But whatever case it may be I think this is the right time HODlers should strive and never let go of anyone unless it is for a sacrifice because for the past weeks now Bitcoin has been hitting the crypto market so hard and putting smiles on everyone's faces.

[bitmover]

I was tensed to start this topic because of the perspective of some fraction BTC HODLers I came across, with the saying that goes "I will HODL my asset until it's price reach $300k and that will be by January 2025"....
What!!!! Could this really be as it seems....

I begin to wonder if some calibre of people take the Crypto market as a magical land where you makes wishes and they come through... Believing that as the market is experiencing green candles and uptrends, it is likely to continue it forever.... Forgetting that there are factors that determines the trend of the market.

I also see most analyst speculating the price of BTC to touch $100k before the end of the year which is most likely possible... And most HODLers are willing to sell at this price range simply meaning that the market will experience some little down trend after such sell off. Giving rise to the bearish season and it will likely stay for a period of time before another bull run.

In conclusion, most people tend to give speculations that are not real and may likely persuade newbies to fall into some risks that may take a longer time to be retraced..
That's the reason it is always advised to DYOR before diving into any aspect of crypto..

Your thoughts..

just stay away from anyone who claims to know how much BTC will go. Nobody knows.

But don't keep your expectations so high. 100k is already a lot. The volatility is much lower than it was 5-10 years ago. I really doubt we could see 300k,

ANd be ready: we will see a crypto winter in a few months, that will last for years.

[Ujok]

In my opinion, the increase in bitcoin is not caused by a trend but by something that drives people to want to buy it, what is that? It is a success in the future and those who buy bitcoin for the long term because they believe that in the future bitcoin will continue to develop and advance so that it is in great demand by everyone. Market conditions like this will continue until 2025, making the price of bitcoin even higher, that's why everyone is flocking to buy it.

[Zed0X]

There will always be people like that, don't worry about what they think and what they do because they will eventually learn. Either someone tells them they are wrong and should sell earlier or the market will teach them the hard way. It's their money, it's their responsibility.

[target]

Crypto is like  LaLa Land until bear market happens. And it's not very noticeable  for a hopeful person who sees price could rise up 300k.They only feel the baer market when it's finally too late to take the biggest profit of their life.

The cycle shows th bull run will not continue forever but zooming out to more than a month in the tradingview chart will tell you bull run continues since day one of Bitcoin. Just a perception of each and the way trader see things.

[sampoerna]

Forever?
It seems like a difficult question to answer. But basically, if you look at several cycles that occur, there will always be bearish and bullish cycles, where price increases will always be followed by significant bearish price decreases. Within a certain time frame, this pattern will continue. Yes, it won't have much of an effect when we already have a reason to hold BTC until it reaches a certain target, such as what you did for $300k, but we don't know when it will actually happen, and whether we are really strong enough to do it, or just stop at the bullish time of this era. But if it has to happen throughout the year, it doesn't seem likely because there will definitely be a market correction and all the processes related to the ups and downs of market conditions.

[Stuart]

I see BTC as a store of assets, that can turn life transforming in the future. I can remember vividly, in the year 2017, when BTC got to $10k. Before it got to $10k, a man sold off everything he had to posses 1 full Bitcoin. He moved out of his house with his family, leaving in tent, to attain 1 BTC, not quite long, Bitcoin got to the $10k price mark and moved to $17k. Will we say his dreams or expectations where not meat?

Years gone bye have the long crypto enthusiasts been waiting for BTC to reach the $100k price mark, here we are at the door steps. So, certainly in the long run, a wait for $300k price can still be possible, only the coin could become too scarce for purchasing, as holders will be more than sellers and that will give rise for altcoins to strive for the second and third place in the coin ranking.

Price correction do take a lot of time, then the consolidation period, before a new price mark target. All these are things that are looked on when aiming at a new ATH in the crypto market.

[TomPluz]

...most people tend to give speculations that are not real and may likely persuade newbies to fall into some risks that may take a longer time to be retraced. That's the reason it is always advised to DYOR before diving into any aspect of crypto..

We are dealing here with people who are really positive on what they are hodling and first and foremost there is nothing wrong with hoping that maybe BTC can go so high in January 2025 no matter how improbable it can be. We live in a free world and anybody can say whatever he wants to say...but yes newbies should realize that in this industry we are in things can be hyped and one must really educate himself so as not decide based on FOMO and regret later. The most important thing for now is to continually HODL and just cash out when the price is already profitable. By the way, there is no good in persuading others for them to also get into the Bitcoin train...all information on cryptocurrency can be accessed easily so if anyone is interested it would be good to make research and maybe even become part of this forum first.

[target]

...most people tend to give speculations that are not real and may likely persuade newbies to fall into some risks that may take a longer time to be retraced. That's the reason it is always advised to DYOR before diving into any aspect of crypto..

We are dealing here with people who are really positive on what they are hodling and first and foremost there is nothing wrong with hoping that maybe BTC can go so high in January 2025 no matter how improbable it can be. We live in a free world and anybody can say whatever he wants to say...but yes newbies should realize that in this industry we are in things can be hyped and one must really educate himself so as not decide based on FOMO and regret later. The most important thing for now is to continually HODL and just cash out when the price is already profitable. By the way, there is no good in persuading others for them to also get into the Bitcoin train...all information on cryptocurrency can be accessed easily so if anyone is interested it would be good to make research and maybe even become part of this forum first.

There are reasons for believing about the continuous rise of price when it comes to holding BTC in the long term. This is what has been advertised for many times that even the old people in the industry are saying HODL.

The impression that if they hold since 2017, they could have paid their education loan. I would certainly believe so, what is a few years of holding than cash out now when it's just a few thousands?

[bayu7adi]

I also see most analyst speculating the price of BTC to touch $100k before the end of the year which is most likely possible... And most HODLers are willing to sell at this price range simply meaning that the market will experience some little down trend after such sell off. Giving rise to the bearish season and it will likely stay for a period of time before another bull run.

Sorry, this is too general... because in reality after a bullish period, there will be a bearish period which, occasionally, does occur consolidation, but it is very rare.

The safe way to respond to a bullish moment if you are a holder, then sell your assets gradually to get maximum profit... we cannot guarantee that $100k / BTC is something certain, because it is all just a prediction.

[PrivateKayla]

I was tensed to start this topic because of the perspective of some fraction BTC HODLers I came across, with the saying that goes "I will HODL my asset until it's price reach $300k and that will be by January 2025"....
What!!!! Could this really be as it seems....

I begin to wonder if some calibre of people take the Crypto market as a magical land where you makes wishes and they come through... Believing that as the market is experiencing green candles and uptrends, it is likely to continue it forever.... Forgetting that there are factors that determines the trend of the market.

I also see most analyst speculating the price of BTC to touch $100k before the end of the year which is most likely possible... And most HODLers are willing to sell at this price range simply meaning that the market will experience some little down trend after such sell off. Giving rise to the bearish season and it will likely stay for a period of time before another bull run.

In conclusion, most people tend to give speculations that are not real and may likely persuade newbies to fall into some risks that may take a longer time to be retraced..
That's the reason it is always advised to DYOR before diving into any aspect of crypto..

Your thoughts..

We can't totally blame those who are super positive about Bitcoin's price the way it's going these past few days. Yes, newbies may fall into some risks if they put stock in such statements. But with information on cryptocurrency literally at the tip of our fingers, it's on them if they blindly believe in predictions. Just like anything in life, the reality is nothing lasts forever.

[LogitechMouse]

"I will HODL my asset until it's price reach $300k and that will be by January 2025"....
What!!!! Could this really be as it seems....

I joined the crypto space in 2017 where the price of Bitcoin is at the $2000 price range. If only I'm that knowledgeable at that time, I could've bought some Bitcoins and held it until now. Just imagine how much profit I can get in the span of 7 years. I already x40 my money without doing anything.

I also see most analyst speculating the price of BTC to touch $100k before the end of the year which is most likely possible... And most HODLers are willing to sell at this price range simply meaning that the market will experience some little down trend after such sell off. Giving rise to the bearish season and it will likely stay for a period of time before another bull run.

Bitcoin went up 17.3% in just a span of a week.
If this kind of momentum continues, there's a chance that we might see Bitcoin reaching $100,000 this year.

TBH, I'm not expecting that it will be reached this year, but looking at how Bitcoin moved this last week, there's a high probability that it might happen. Another catalyst is needed before it happens. Currently, we are seeing a short correction on the market, but I doubt that this will last long. In the next weeks, the market will rise again.