Quote from: Maslate on Today at 05:41:23 AM

Quote from: martinex on Today at 04:51:31 AM

Quote from: undeadbitcoiner on January 09, 2021, 02:48:24 AM

50 K is ON THE WAY

Now the number of institutional investors has increased. The number of companies owning Bitcoin has also grown. I speak For December 2023, it is seen as a critical moment for the crypto market as well as being an important turning point for the Crypto Market for this year. So, Will Bitcoin's 4 Year Market Cycle Continue or Change Again? It's just my feeling.

With the increasing number of adoptions, there should be a better value, but if we evaluate the market now, it's still volatile, as evidenced by the fact that only during the bull run does the market pump and become overvalued. If we want to see consistent growth, the bull market should not give us a massive increase, as that would only indicate pure manipulation.

Take a look at other coins that pumped during the last bull run, like DOGE; it only pumped because Elon Musk hyped it. However, look at what happened to the price now; it was not able to sustain its value, and some investors probably panicked and dumped their coins. This situation could also be related to bitcoin, as overall, the crypto market (bitcoin and altcoins) is subject to hype and becomes overvalued when the bull run comes and is not free from manipulation.

That's what I'm wondering, people keep saying that bitcoin adoption is increasing or people are actively accumulating because the halving is approaching, but bitcoin and the market still don't have any positive movement. This shows that people are just saying what they are thinking with no proof for that or as you say, the market is being pure manipulation.

For me, the reason is both, people won't buy bitcoin if they are waiting for the price to drop further even though the halving is approaching. Second, this market is so small and nothing compared to other financial markets that manipulation is inevitable.