Post
Topic
Board Beginners & Help
Re: Why is Bitcoin always in a state of BULL RUN
by
BitDane
on 26/05/2023, 20:39:33 UTC
so when the bitcoin prices increases what happens to the stock market??

Stock market may crash or uptrend since both arguments are supported when Bitcoin market is in the state of bull run.  In short the reaction of the stock exchange on the Bitcoin bull run is dependent on the condition of the global economy.


"WHY IS BITCOIN ALWAYS IN A STATE OF BULL RUN"BTC

I am curious what make you think that Bitcoin is always in a state of bull run? Don't you know Bitcoin at the current state is considered as bear market? So we can say that Bitcoin isn't at the bull run state atm.


Which drive me back to this question that "WHY IS BITCOIN ALWAYS IN A STATE OF BULL RUN"BTC

1. Because halving occur
2. To increase it value
3. To make it more profitable
4. To serve as an investment asset or currencies
5. To shows it's volatile and Decentralized

I don't think this answers the question nor relevant to the question asks.

Which drive me back to this question that "WHY IS BITCOIN ALWAYS IN A STATE OF BULL RUN"BTC

It's simply not. Take a look at bitcoin's chart and tell me if you see that bitcoin is always in a bull run.

Probably @OP standard price of Bitcoin is its orginal price which is less than a dollar, and looking at the price history and from his point of Bitcoin pricing, then it is really an abnormal increase for Bitcoin selling above $26k which should not be the case since Bitcoin has already its ups and downs and the initial price point to consider Bitcoin being bullish or not is continuously changing.