Post
Topic
Board Speculation
Re: WHAT EVENT DO YOU THINK WILL USHER BTC INTO THE NEXT BULLRUN?
by
Ratimov
on 24/06/2022, 19:32:04 UTC
Yes it's true as you said but the price cycle always changes when many buyers start buying their bitcoins again.
But on the other hand bitcoin also needs good news about its development so that people are more confident in bitcoin's growth in the future.
Because with the sweet issue that has thrown the world, the wider community has responded very quickly, especially the big investors, and that becomes a support for the increase in bitcoin prices in the future.

Globally, the price cycle is changing (so far) strictly sequentially. But the cycles do not change due to the fact that buyers start buying bitcoin and interest in bitcoin in the media begins to grow, on the contrary, buyers begin to come exactly when the cycle has changed and a positive news background sets in, because, as It is known that trends do not adapt to news, but news to trends. And when the trend changes, there is less and less bad talk about bitcoin in the crypto space and this attracts new buyers, the so-called retail investors. Then the trend changes and everything works exactly the opposite, then everything repeats again and so, I think, it will work more than once and more than one cycle.