Post
Topic
Board Speculation
Re: When will the real bull run begin?
by
tiCeR
on 11/05/2024, 11:43:08 UTC
Ticer - real bull run to me is when my altcoins are pumping massively every other day.

We experienced it a few months ago and it was nice but im waiting for that parabolic stage.

If u look at the Bitcoin chart from September 2020 to March 2021 - that is the run I am referring to when I say ‘real bull run’

I am not sure what to think of this statement to be honest. I hope you are not making the mistake and hold your majority of crypto in alt coins. At least you gave an explanation what you mean by a "bull run", but I am sure you understand that going from $10k BTC to $60k BTC is very different from going from $60k BTC to $360k BTC. It took about $1 trillion to pump the market during that time you mentioned. Now it will take about $6 trillion to see a similar pump in terms of percentage returns.

In my opinion it can already be called a bull run when at this stage we go like 2x or 2.5x. That is an insane amount of money that has to flow into the market. This happen in the last few months. A bull run does not necessarily mean a new ATH after a drop.

I am not saying it is impossible that we see the same and go to $360k in no time. But I expect a more incremental increase until we get there.

And again: I still hope you are not mostly into alt coins. I think it is casino, but that's of course up to you.