Post
Topic
Board Speculation
Re: Are we now on Crypto bull run?
by
woez
on 27/09/2023, 03:47:21 UTC
Right now around September we dont really see a lot of movement in the market and I really doubt it since September wasn't really a good month for cryptocurrency in the past years, I think we are surely gonna sustain around this market price, 15k was surely has a very low chance to drop that low considering the cryptocurrency and Bitcoin adaptation to a lot of countries I dont think we can still drop that low, Probably 20k$ was still possible.

For sure we are still on the Bear market considering the All time-high market price was around 70k$ so there is still a lot of room for the price of Bitcoin to increase up to 70k$ we could easily reach and surpass this market price because the cryptocurrency adaptation, In my opinion, it is possible that the Bull run is going to be around mid-2024 - 2025 after the Bitcoin halving event we surely could see a bit of movement before the Bitcoin halving because it could easily attract a lot of investors like what happened in the past if we are near the event, then after that it is going to drop down a few percentage, then somewhere after the Bitcoin halving event we could expect the Bullrun and that's the time that we could possible reach the 100k$.

I think that after the halving, the BTC price will not go up immediately but will still go sideways at first. This refers to LTC's experience some time ago and this can be used as a reference but is not the absolute answer. But, the main thing is that investors and others are optimistic because the moment they have been waiting for has begun.