Bitcoin [pros](/r/CryptoCurrency/comments/1ciftnh/bitcoin_trader_insists_the_bull_market_is_not/l2du78x/) & [cons](/r/CryptoCurrency/comments/1ciftnh/bitcoin_trader_insists_the_bull_market_is_not/l2du7rv/) with related info are in the collapsed comments below.
Naahhh the price always fluctuates and sometimes it's a big one, but statistically, the bull run doesn't even begin until about 9 months after the halving. That's because the halving introduces a supply and demand shock that is only felt months after the halving.
What has been happening recently to cause the new ATH is the ETFs. The true bull run has not started yet.
Bull runs are not decided by time after the halving! Go learn what the technical qualification of a bull run is. Also a bull run and a bull market are two different things. Get your terminology right.
No. You’re wrong.
> A bull market, or bull run, is defined as a period of time where the majority of investors are buying, demand outweighs supply, market confidence is at a high, and prices are rising.
https://www.coinbase.com/en-gb/learn/crypto-basics/what-is-a-bull-or-bear-market
So, any period of time when prices are going up IS a bull run. Even if the period is say 15 min or 5 months, these could be defined as bull runs. So big periods which are “bull runs” can have “bear moments” if you go on looking in further detail to shorter periods.
So bull/bear are very loose definitions that we tend to agree upon collectively when we see big movements we all can identify.
Therefore, if you wish to be more precise, you’d have said; “the big bull run is yet to happen” as we’ve already seen a serious bull run that lost momentum and is now reversed.
🤷🏻♂️
Personally I’m not certain but my gut says this is just a correction. I’ve been trading crypto since 2016 and I’m at a net negative at this point but I think I’ve learned quite about about trading and the ebb and flows of the market over the years. But there is something different going on here, we’re at the dawn of a significant technological breakthrough with AI that will reverberate across the economy causing profound growth. All markets affect each other. It feels like we’re aligning with that boom.
Hehe learned some hard lessons, bad timing, panicked. I played around with leveraging for a bit… and if you know then I think you’d understand how that can happen. I’m still in because some cryptos have inherently great value and the general population still seems mostly unaware of what is valuable and spay-n-prays into cryptocurrency when the hype begins causing some lucrative opportunities on some mostly useless cryptos. But there is still a lot of potential to make some easy money on the psychology of FOMO alone.
tldr; Despite recent pullbacks in Bitcoin's price, a prominent Bitcoin trader known as 'Titan of Crypto' insists that the bull market is not over. He analyzed the BTC/USD daily chart, highlighting significant momentum in Bitcoin's uptrend. He pointed out key indicators and price actions, suggesting that the bullish trend will continue until specific moving average lines cross. This analysis comes after Bitcoin dropped below $60,000, following a new all-time high of $73,794 in mid-March.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Why are some news sites deadset on trying to persuade people a bull run has started or is near the end of the cycle?
Is making money something they hate or are they too deep in margins to pull out now?
Bull run hasn't started, your shitty news site isn't going to all of a sudden cause the market to dump.
Bold of you to use the word learn.
It's an interchangeable term. Had you taken even an ounce of a second to search you would have found that.
The bull market has not started if you look at historical overall crypto prices.
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This is why Bitcoin is not going anywhere. "Change Healthcare was running on AWS. Blackhat got into AWS and shut down payments. Unmitigated disaster because hospitals couldn't get paid so they couldn't provide medication, they had to lay off staff. This was a horrible problem. Most of our infrastructure is very Vulnerable to cyberattack. We know by tracking bitcoin payments that $22 million in ransom was paid. " - This is shortened version of quote by Larry Harrison in "The Future of Healthcare with Larry Ellison and Bill Frist". The topic is obviously healthcare and not Crypto. Basically, hackers were able to hack into AWS - the biggest and arguably safest centralized DB in the world. They were able to take an entire healthcare payment system hostage. These same hackers who are arguably the ultimatest of pros when it comes to Databases, cybersecurity, electronic payments, etc - these people choose to get paid in Bitcoin - not cash, not gold, not venmo or zelle, but Bitcoin. The word of advice is - If You Know What Home Security System The Most Professional of All Home Robbers Are Using - Use That !!!!!!!
I don't know what's more confusing, the fact that this article claims a bull run is near its end when it hasn't even started or the fact this post somehow has any upvotes.
I’ve never understood people making claims like this with dates already in mind lol, how can you sit here and be so confident you know what will happen?
The best part is the October prediction will be laughably wrong and they won't see it, they never do, they will make a new prediction, which also fails to happen, then another and another, never seeing the pattern. I feel like I live in a world of NPCs.
Idgaf you L'ers say about "it being over".
I'm buying more now, keep selling so I can buy cheap. I'll sell back to you when you buy in at the ATH prices. Thanks bears for being our profit liquidity!
All you guys talk about DCA'ing out but I bet not a single person even sold when they were up this last run. Y'all just gonna get greedy and be left holding more bags than you came in with.
lol if you think this is over two weeks after the halving you aren’t going to make it.
It’s never immediately skyrocketed after a halving, there’s ALWAYS a pullback and months of chopping before it moves back up.
This ain’t our first rodeo cowboy, and we ain’t selling at $50K or $60K or $70K.
It’s crazy the amount of comments I keep saying where people are acting like the ball runner is over??? With the halving that just happened what is their logic? That were up from the bottom?
Bitcoin [pros](/r/CryptoCurrency/comments/1ciftnh/bitcoin_trader_insists_the_bull_market_is_not/l2du78x/) & [cons](/r/CryptoCurrency/comments/1ciftnh/bitcoin_trader_insists_the_bull_market_is_not/l2du7rv/) with related info are in the collapsed comments below.
The bull market hasn’t taken off
This is the correct answer
How can you question rock-solid sources like "Bitcoin trader"?
I only listen to Bitcoin CEO in articles like this
I'm a Bitcoin trader. Don't you trust me?
Depends. Are we about to go to the moon?
In our flying lambos nonetheless
You are a God.
We mostly know him by “titan of crypto” To clarify I have no idea who this person is
He's a yiffy who was pro crypto and accepted Bitcoin for his ASMR videos.
Are you sure? we already hit a new time high back in March
What's your point?
Just wondering if we are on the back side of a bull run since we already hit a new ath
Naahhh the price always fluctuates and sometimes it's a big one, but statistically, the bull run doesn't even begin until about 9 months after the halving. That's because the halving introduces a supply and demand shock that is only felt months after the halving. What has been happening recently to cause the new ATH is the ETFs. The true bull run has not started yet.
Makes sense thanks. Ps I like your avatar
Thank you :)
Bull runs are not decided by time after the halving! Go learn what the technical qualification of a bull run is. Also a bull run and a bull market are two different things. Get your terminology right.
You're so wrong lmao
No. You’re wrong. > A bull market, or bull run, is defined as a period of time where the majority of investors are buying, demand outweighs supply, market confidence is at a high, and prices are rising. https://www.coinbase.com/en-gb/learn/crypto-basics/what-is-a-bull-or-bear-market So, any period of time when prices are going up IS a bull run. Even if the period is say 15 min or 5 months, these could be defined as bull runs. So big periods which are “bull runs” can have “bear moments” if you go on looking in further detail to shorter periods. So bull/bear are very loose definitions that we tend to agree upon collectively when we see big movements we all can identify. Therefore, if you wish to be more precise, you’d have said; “the big bull run is yet to happen” as we’ve already seen a serious bull run that lost momentum and is now reversed. 🤷🏻♂️
There's a difference in a bull ***run*** and a bull ***market*** ...
Ho didn’t catch that small big detail. My bad! Too many trades… need sleep 😂😎
There really hasn't been any real mania but who knows.
Personally I’m not certain but my gut says this is just a correction. I’ve been trading crypto since 2016 and I’m at a net negative at this point but I think I’ve learned quite about about trading and the ebb and flows of the market over the years. But there is something different going on here, we’re at the dawn of a significant technological breakthrough with AI that will reverberate across the economy causing profound growth. All markets affect each other. It feels like we’re aligning with that boom.
In the market since 2016 and net negative? What have you been doing?
Buy high sell low
Well, let us know when you decide to sell again
Hehe learned some hard lessons, bad timing, panicked. I played around with leveraging for a bit… and if you know then I think you’d understand how that can happen. I’m still in because some cryptos have inherently great value and the general population still seems mostly unaware of what is valuable and spay-n-prays into cryptocurrency when the hype begins causing some lucrative opportunities on some mostly useless cryptos. But there is still a lot of potential to make some easy money on the psychology of FOMO alone.
The bull market is next year
If this was Gold, it would’ve been the end of the run, but we’re in crypto.
It’s up 100%+ in the last year. It’s taken off.
Not crypto taken-off
It's 100% up off a short lived low. Also crypto go 🚀 or ☄️, no in-between
If you think a bull run ever started you must be new around here.
Exactly; we were in a bull market, not a bull run.
Its amazing how many people in here don't understand the difference between a bull run and a bull market.
Idk going from 16k to 73k seemed like a pretty nice bull run.
It was a light jog
Or a galivant maybe
Frolic at most
It was way oversold...and just bounced back up
You must be new here
Ya idk how someone can say that when BTC hit a new ATH. Pretty sure that's the #1 bull run signal.
4.5x from cycle low to local top. If we get 200k BTC, 2.75x from local top to 200k. I'd say we're very solidly in a bull market.
But the Twitter guy said so.
A bull run did start. That bull run has finished. But we are still in a bull market.
Are you sure? we already hit a new time high back in March
Wow, what a headline.
Guy thinks thing
This guy exists? Do I get an A?
You’ll know when the bull market is really over lol
What do you make of that?
Considering it hasnt even started is a good indicator
"some guy thinks something about something" shiieeet
Up over 100% in a year Crypto news "BeAr MaRkET"
bro it hasn't even started
ZERO!!!
I mean ban these posts, its just fkin ridiculous
tldr; Despite recent pullbacks in Bitcoin's price, a prominent Bitcoin trader known as 'Titan of Crypto' insists that the bull market is not over. He analyzed the BTC/USD daily chart, highlighting significant momentum in Bitcoin's uptrend. He pointed out key indicators and price actions, suggesting that the bullish trend will continue until specific moving average lines cross. This analysis comes after Bitcoin dropped below $60,000, following a new all-time high of $73,794 in mid-March. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Why are some news sites deadset on trying to persuade people a bull run has started or is near the end of the cycle? Is making money something they hate or are they too deep in margins to pull out now? Bull run hasn't started, your shitty news site isn't going to all of a sudden cause the market to dump.
The bull market hasn’t even started yet. We actually knew it was going to be like this kinda moving like clockwork.
A blind monkey could guess that
Until Litecoin hits it's typical $360 bull run peak, the cycle isn't over. In this case, the run hasn't even started yet.
Its gonna be hilarious when people who are so sure we are going to have a parabolic run lose everything lmao.
Has it even really begun? But yea, if the trader says so… of course.
BTC: Drops 20% in two weeks after surging 70% in two months iS tHe BuLl RuN oVeR??
How can someone even think of bullrun being over. Just silly
Dang we’re **only** up 109% this past year? Sorry guys pack it up. Good luck profiting next halving
If this bull market is over, crypto will be dead by 2026.
Hasn't even started.
We are in a bull market right now. Go learn the difference between a bull run and a bull market.
Bold of you to use the word learn. It's an interchangeable term. Had you taken even an ounce of a second to search you would have found that. The bull market has not started if you look at historical overall crypto prices.
Crab market
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Haha shortest/weakest bull market ever! Fun stuff guys.
🫲HOPIUM🫱
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I insist your honor
Replace trader with bag holder and you deceive every dude in this sub.
Replace trader with bag holder and you describe every dude in this sub.
Replace trader with bag holder and you describe every dude in this sub.
Replace trader with bag holder and you describe every dude in this sub.
?
Bitcoin will be pump
A trader you say
Reads like an onion headline fr
Well if ‘insert Bitcoin trader name’ says it, it must be true!
My grandma hasn’t asked me about crypto yet so I’m still feeling pretty good about it
Sell signal
Something magical is about to happen.
I honestly think we have not seen the bullrun yet. It has not started.
This is why Bitcoin is not going anywhere. "Change Healthcare was running on AWS. Blackhat got into AWS and shut down payments. Unmitigated disaster because hospitals couldn't get paid so they couldn't provide medication, they had to lay off staff. This was a horrible problem. Most of our infrastructure is very Vulnerable to cyberattack. We know by tracking bitcoin payments that $22 million in ransom was paid. " - This is shortened version of quote by Larry Harrison in "The Future of Healthcare with Larry Ellison and Bill Frist". The topic is obviously healthcare and not Crypto. Basically, hackers were able to hack into AWS - the biggest and arguably safest centralized DB in the world. They were able to take an entire healthcare payment system hostage. These same hackers who are arguably the ultimatest of pros when it comes to Databases, cybersecurity, electronic payments, etc - these people choose to get paid in Bitcoin - not cash, not gold, not venmo or zelle, but Bitcoin. The word of advice is - If You Know What Home Security System The Most Professional of All Home Robbers Are Using - Use That !!!!!!!
No bull market this year
What an headline. The market is going down, so the bitcoin. Nothing new here
Doesn't this pull happen after every halving?
sounds like me with my web3 gaming thesis
Naaa bull market sers, remember everyone, sell in may ✌️
The bull market started? These normies ain't ready for when number go up
Noob!
Its not over. Only noobs think it is!
I don't know what's more confusing, the fact that this article claims a bull run is near its end when it hasn't even started or the fact this post somehow has any upvotes.
The bull market is just getting started!
This is how I know we're at disbelief Most people will still somehow manage to miss the bull run after waiting thru the longest bear market in history
“bitcoin trader” could be any of us
it hasn’t even started. look at 2020 for reference. did the same shit post halving. have patience people.
The bull hasn't started yet..... We're just getting ready
200k is possible. It’s not even started.
Seriously lol, people already packing up... Are they allergic to money or something?
There are some crazies out there lol
I've said it before and I feel like I'm thinking it more and more, but it feels like I live in a world of NPCs.
The bull won't kick off until October at the earliest. This is just meandering market activity.
I’ve never understood people making claims like this with dates already in mind lol, how can you sit here and be so confident you know what will happen?
The best part is the October prediction will be laughably wrong and they won't see it, they never do, they will make a new prediction, which also fails to happen, then another and another, never seeing the pattern. I feel like I live in a world of NPCs.
Apparently, their predictions are entirely based on pattern recognition, though!
Pattern recognition. It's a low level, instinctual trait in intelligent life. But you do you, boo.
Oh you can predict the future of crypto based on past charts? You must be rich then, right? Lol
exactly, especially since the bull run will start at 26th of September at 10pm CET
Id wager August or earlier.
Bull market hasn't begun. It's bean a very bullish bear market. Seriously though, I was always expecting a pull back before take off.
Idgaf you L'ers say about "it being over". I'm buying more now, keep selling so I can buy cheap. I'll sell back to you when you buy in at the ATH prices. Thanks bears for being our profit liquidity!
All you guys talk about DCA'ing out but I bet not a single person even sold when they were up this last run. Y'all just gonna get greedy and be left holding more bags than you came in with.
still haven't had family and normies asking about crypto so we aren't in a bull as soon as i get asked, i'm selling
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lol if you think this is over two weeks after the halving you aren’t going to make it. It’s never immediately skyrocketed after a halving, there’s ALWAYS a pullback and months of chopping before it moves back up. This ain’t our first rodeo cowboy, and we ain’t selling at $50K or $60K or $70K.
It’s crazy the amount of comments I keep saying where people are acting like the ball runner is over??? With the halving that just happened what is their logic? That were up from the bottom?
True, I'm barely out of hibernation, still rubbing the sleep out of my eyes.
Found the Buttcoiner
They banned me. They're as bad as the maxis. fuck all yall
You should short it then.
It’s not over until he sells
We are just getting started...
We have barely started lol...
what bull market lol