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Board Beginners & Help
Re: what will happen to Bitcoin after the bull run?
by
sheenshane
on 05/02/2024, 23:25:58 UTC
It is believed that Bitcoin will experience a significant increase in it's price during the bull market as a result of investors tending to buy more Bitcoins therefore it's demand might be higher than the supply and investors confidence spirit will be elated that the price would even go further higher through speculations but however after this bullish periods, will the price of Bitcoin continuously swim higher or it would eventually drop down and become bearish for investors to buy the dip and hodl again?
The right answer would be, we will never know.  So, let it be.
If you read the previous chart of Bitcoin prices, you will speculate what will happen next.

Usually, as we experienced from previous bull runs or after bullish periods, prices can experience corrections, leading to bearish trends.
So I think that might happen or it could continue growing and break another set of ATH.  Nobody knows.