Post
Topic
Board Speculation
Re: Bye Bye Bear Market :)
by
jeraldskie11
on 25/11/2023, 10:59:46 UTC
The days of the bear market are over, now the days of the bull market begin. Bitcoin bull market has started. The value of Bitcoin has increased a lot. Bitcoin price is currently 37, Which was 26 three weeks ago as well. This clearly shows that the Bitcoin bull market has started. Because without a bull market alone, it seems unusual for bitcoin to rise 10k in just three weeks. So I think that the Bitcoin bull market has started. So, bye bye bear market.
It's always okay to be optimistic, but you also have to prepare for something that might change even though at the moment it feels like there is an improvement. because the halving period is still quite long and it may not be as expected.
Always be on guard if there is a correction that we don't want to happen, even though many people may have doubts judging from the movements of the past few weeks.

Of course there will be corrections, especially before halving. It seems to me that in half a year the market may experience another crash. Now there is a bad situation around Binance, which may lead to bad consequences on the market. Although I also hope that most of the bear market is behind us.
we don't need to wait for half a year to experience that correction and possible dumping
 because Bitcoin Halving comes in April so basically there will be dumping from and after that event so maybe
we will be having this correction effect till 3rd quarter at least?

But if this will not change in the middle of the year then maybe the bear will end before
that quarter and bull will  happen before the last quarter.

I'm not sure if the dump can happen immediately after the halving. For example in 2020 the dump was a month before the halving. Of course the scenario is always different, but I think it could happen in early 2024. For this I have a small deposit to be able to buy cheap.
Looking at the history of Bitcoin halving, we don't see the price of Bitcoin dropping. However, because individuals were already aware of this trend, they were more inclined to invest in Bitcoin at the halving period. We previously knew that market manipulators, also known as Smart Money, exist to liquidate traders' running positions in order to move the price of Bitcoin higher or lower. So it's highly likely that the price will fall during or after that period, so we should wait for that to happen before buying Bitcoin to maximize our profit.