Post
Topic
Board Speculation
Re: When will the bears take advantage? This bull run lasts so long
by
tabas
on 11/06/2024, 23:47:46 UTC
That's true and we have to wait until it comes next year. This is still a long period of this bull run cycle and all of us are optimistic for its run. I'm holding to my holdings and I know that the right time will come and everyone is planning to get their share worth it when the time has come.
Five years ago, I wouldn't have believed that a bull market would come the following year. However, after the last bull market, I've come to understand that Bitcoin's current price levels make it unlikely for a sudden surge in just 1 or 2 months. Instead, the price will rise with frequent dips, making it hard to predict when the bull market is truly established.
That's right, that's how it goes before we finally see the real bull run. Although it comes with phase, and I guess we're on the phase 1 as we're just a few months from the halving. The effect won't be immediate but we did saw some unexpected rise before even the halving came for which it had brought Bitcoin a new all time high. But I'd believe that was just the beginning of it and there's more to go.

This uncertainty has trapped many long-time traders who didn't take enough profit, or any profit at all, during the last market cycle.
And by this time, many are going to make sure that they get their profit. A long time is more than enough for a reason to take what you deserve for holding for so long but don't sell them all.