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Board Beginners & Help
Re: what will happen to Bitcoin after the bull run?
by
Ndabagi01
on 06/02/2024, 21:13:41 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?

You must be new to the cryptocurrency space, and your rank already indicates this. Since its inception, the bitcoin market has followed a consistent pattern, with a halving occurring every four years. If you compare the market price from the last bull run to the present, you will notice that it has already dropped significantly and experienced a dip since reaching its all-time high.

Another bull run awaits us after the halving in a few months; by now, all investors should have filled their bags and prepared for the bull market in order to profit handsomely. If you understand the bitcoin market cycle, you won't have any trouble deciding when to buy, sell, or accumulate because you'll be able to predict the market pattern.