Post
Topic
Board Bitcoin Discussion
Re: When will the real bull run begin?
by
Yatsan
on 29/04/2024, 15:45:46 UTC
Before this year ends, I guess. But I am not expecting for the uptrend to happen within a month after the halving. As we can see on the market, prices of crypto are still down and have low volume compared to previous months which is an indicator of a bearish tendency. Obviously, the best thing to do now is to patiently wait for further market confirmations. Things won't happen on a single snap which is an enough reason to avoid FOMO and FUDs. Just observe for now and fill your bags if there will be a better opportunity under your risk appetite.


How is everyone else feeling?

Has anyone ever suspected that bull season is coming? I mean there won't be a bull season like we expected and the game has changed. It changed because when people realized that the bull season will come after the halving, and people are holding tight to take profits. Think about it, if everyone is determined to hold and not sell and only sell when the price increases, who will be willing to spend money to buy at a higher price?
I am thinking about this scenario and I think we will no longer have a bull season or a bear season, instead bitcoin will grow slowly and sustainably, not increase sharply and decrease sharply like before. That also means there won't be an altcoin season like many people expect.
It was just a misconception and were just referred in such way because of the events which happened before after the halving. But if you would look closer to timeframes, there were a lot of accumulation stages on the previous halving before the increase became continuous. Altcoin season on the other hand happens after Bitcoin dominance, which happened numerous times in this industry.