Quote from: BobK71 on April 09, 2023, 05:46:41 PM

Quote from: DanWalker on April 09, 2023, 04:23:29 PM

Quote from: MiF on April 08, 2023, 10:53:07 AM

Quote from: yusrime on January 21, 2023, 12:10:55 PM

Are we now on crypto bull run or this yet to be go down futher more down than 15500?

Until btc not reach up to 30k$ above then i will still consider it a bear market, but if btc rise up to 30k$ then that was a start of the bull run season, i believe that bull run is coming but it is too early to predict maybe the rising of the BTC price is a bull trap, so we need to be careful for good.

The 30k target shouldn't be too hard for bitcoin to hit, we're very close, but this doesn't prove that a bull run will follow. Historical factors aside, the bull market only appeared after the halving, we just have to look at the world economic situation, inflation, war, and interest rates, everything is working against us. So expecting a bull season this year is too hard for bitcoin. Be prepared for a scenario where bitcoin will correct instead of just focusing on a bull run, or else we will panic when that happens.

It is true that there is no assurance Bitcoin will turn bullish once it crosses $30K. Because no one can be sure about it's bullish and bearish but if we review the history of Bitcoin we are staying at a good position where the certainty of Bitcoin being bullish is a bit high. Bitcoin has been showing its positive movement despite the recent stream of negative events. Which is further increasing the confidence of Bitcoin investors. If there is no new negative aspects of Bitcoin come to us, it will start it's bullish trend for the next bull run.

If we see that the price of Bitcoin has been in the range of 28k$ for several days. If we talk about several months ago, the price of Bitcoin was around 20k$, so now it is expected that the price of Bitcoin may go to 40k$ very soon. But for that we have to wait for a few more months. And if we see the price of Bitcoin falling in a few days, then we can understand that we may not expect to see anything better by this 2023. But it will be fully seen after a few months.