Post
Topic
Board Trading Discussion
Re: This bitcoin bull market isn't over yet !
by
Natsuu
on 01/04/2024, 03:59:23 UTC
As we can see on previous halving the ATH happen months before the halving so according to previous history of bitcoin which were parabolic bull runs
So its time to HOLD
Before? Usually, the ATH happens after the halving and that's why despite that there's a new ATH before the halving for this cycle, I don't think we're on the peak yet.

Therefore I would like to get some feedback on this do you agree that Bull Market isn't over yet ?
We're just getting started and why people are thinking that it's almost over already? Don't get excited folks, it hasn't peaked yet.

I agree on this, because if it does lowering prices then it just constitute with some kind  of retracement or market correction. Because what happen is that price will be manipulated so that it will create fear again and investors won't buy. But instead price will rally again, once the price is too high or premium enough, then those who bought on lower prices is expected of course to take their profits.

With that large amount taken from the market, price will drop. And if the buying volume cannot compensate with the selling pressure, then price going lower will be expected. But otherwise until it hasn't happened yet, you should be expecting higher prices on bitcoin.