Quote from: m2017 on December 08, 2024, 01:08:21 PM

Quote from: owenle on December 08, 2024, 04:08:42 AM

What one factor can cause the current bull run to stop ? Like US making some law against bitcoin.

The start of any major sale of bitcoin, causing a drop in price by 10-20%, will certainly cause a stop in the bull run. The reasons may be anything and it is not fundamentally important.

I have suspicions that the bull run has not really started yet, since the bitcoin's price at one moment has suddenly jerked, and then continues to hang around at the same level. Have the bulls made a false start?

Probably must have been so as I have also thought of it in that way. They have been some moves bitcoin made this recent time that have shown that bitcoin is far from being over in this bull run. The bitcoin market is yet to be over from this bulls, they look like they’re just trying to set in now. They’ve been accumulating a lot of momentum to push the price further from what we are seeing now. So when bitcoin begins a fresh move in the uptrend direction, that will not be something surprising because it is expected as it has not witnessed any major bearish changes to the direction it has been on for some time now. Bitcoin will make some significant changes in the coming months, but it’s uncertain which direction we are going to witness it to be on at the time.