Post
Topic
Board Bitcoin Discussion
Re: What one factor can cause the current bull run to stop ?
by
FortuneFollower
on 11/12/2024, 14:47:06 UTC
What one factor can cause the current bull run to stop ? Like US making some law against bitcoin.
Bitcoin is volatile, so sometimes it will be bullish and sometimes will be bearish. Sometimes there will be positive and negative sides in the market without any reason, especially when the market is bullish, there is also a possibility of being bearish. We have seen a bullish movement of Bitcoin for the past few days, due to which there will be a big possibility of a price correction. We have been seeing some negative impact on the market for the past few days, this can happen for any reason. With the new US president , some changes are definitely needed. It is definitely a good idea to review the rules and regulations of the previous government and enact something. The market has been bullish before and then bearish, and when it has increased high, there has also been a correction.

Generally, trading business can interrupted without any logical reason. So i just say that there is no specific reason for this. Negative comments or wars about financial trade or crypto adoption in a country can be an obstacle to the bullish market, but it is temporary.

But if you believe in the 4 year cycle of bitcoin and look back at history, you will realize that there is always a reason for the market to crash, the market has never entered a bear season without a reason. If I remember correctly, the 2017 bull run ended with a series of bans from China, the 2021 bull run ended with the collapse of FTX and Luna...and this time is no exception. There could be a big dump from ETFs or a recession...I don't know what will stop the bull run but there will definitely be a black swan to justify the bear's attack.

Let's wait and see.
For now, there was talk about quantum computers and Microsoft passing on doing something with BTC, but it isn't that bad that it would end the sentiment on the market.
Something bigger should happen indeed to see the bear for real.
So let's enjoy the run while we can.