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Topic
Board Beginners & Help
Re: what will happen to Bitcoin after the bull run?
by
famososMuertos
on 06/02/2024, 19:26:59 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?

Basuki 23

You ask yourself a rhetorical question!
Maybe someone will tell you without knowing much about crypto trading, but a lot of common sense, which applies to many situations in life, without the need to be guru, so, will eventually tell you that it will go down and it will not be because of gravity.

To that specific question on your topic:
  what will happen to Bitcoin after the bull run? I'll tell you that he will still be "alive."

In reality, these situations are so specific and in individual consequences, that surely when bitcoin begins its bullish moment, many will sell before it reaches new highs, in fact 60k is a crucial sale price and eventually 70k.

That is to say, the scenarios are very diverse, only the historical ones are left to get an idea, so, you do the homework you draw lines on the candles of the chart, then you're doing calculations and if you are religious, pray, if you are a merchant, sell and buy, or Hodl.