Post
Topic
Board Trading Discussion
Re: We might just have experienced the start of Bullrun
by
barbara44
on 25/05/2024, 15:38:03 UTC
some time ago Bitcoin printed a new ATH again before the halving happened and many people were talking about Bitcoin, so that in this way many people came in to buy Bitcoin and many were curious about where the Bitcoin price movement would go next.
Occurrence of new ATH will not stop until end of next year, I am pretty sure. This is the reason I am very much agreeing with OP. Yes, we are at the beginning of a strongest bullish market. Halving, ETF and adoption rate across globe are the primary reasons why OP is accurate. Halving and ETF are slowly starting to trigger FOMO. So, we can expect more bullish days ahead.

As this bull run is getting started, many aren't going to like it because they have missed accumulating at the bottom.
This must be the most common mistake among investors across markets. Yes, investors are fearful when a market is trading near bottom or during a continuous bearish market. But at the same time, they do become greedy on bullish market. This is the simple reason why most investors do miss the bottom price levels on every bitcoin cycle. Precisely, in this current bitcoin cycle, bitcoin did not trade for longer duration to give investors enough time to accumulate. If I remember correctly, in previous cycle, bitcoin touched bottom levels multiple times which helped investors to accumulate enough bitcoins at reasonably lower price levels.