Post
Topic
Board Altcoin Discussion
Re: Next bull market comes in June
by
Victorik
on 03/05/2023, 12:25:03 UTC
A bold assumption you say. But I don't think anyone can boldly say when the next bull run will be, but just as you have rightly said, it is just an assumption and that's the best we can do for now, assume.
But I strongly hope it does happen.
I know that if it was up to people they will like to see a perpetual bull run, but there are limits, the money needed for bitcoin to go up in value is incredibly high, and the higher the price the higher this amount must be.

So it does not really make a lot of sense for bitcoin to go up in value so soon, and most likely we are going to have to wait until the next halving takes place, something that is not really that difficult to do as we are less than one year away from that day to come.


That's what some person's don't understand. I will be very scared if I see btc pumping hard for days let alone weeks, because I know that the dump that will accompany that pump is also going to be very huge.

So, we need this up and down movement in price, it shows that people are actually buying and some are also selling, which is good for the coin.
The price increasing really shows that the market is alive. The main thing is that there are no sharp fluctuations. Otherwise, there will be a significant quantity of insecurities that could turn the bullish trend into a complete dump. And this is all from inexperience and disbelief in the crypto.


A sharp fluctuation in price will let to a serious dump as a result of FUD which is really not healthy in this space.
The current price moment is not too bad considering how long the price has been low, and now we are seeing a significant rise in price though not as high as what some must have expected.