Bitcoin has been on a strong recovery for the past few days after dropping to 75k some time ago. this was triggered by positive news showing Trump's commitment to create a US crypto reserve.
This is good news for the crypto market because people are waiting for Trump's commitment to fulfill his promise to create a crypto reserve for America. and this news could provide something positive for the crypto market in the future.
But maybe this positive trend will continue until the crypto summit later, which is planned to be held this weekend. investors want to see how regulation and innovation in the cryptocurrency sector are, and from that, many investors may decide to enter the market or not. so let's just wait patiently to see the results of this summit.
So the idea is to follow the news and then act based oof the informations you get.
As expected, because of the recent BTC price surge other altcoin are on the move upward, and I'm sure a lot of people saw this coming, but I think the real question now is how long this trend would last.
Because we've been here a couple of time, and it would be cool if we can put a timeline on this, if it's just a temporary move, and even if it isn't, how long can we expect the bullish trend to last.
You kidding right? because we can't put any timeline, and just like that, Bitcoin goes down from $95k to $92k currently, so it's just temporary but obviously there are a lot of short term traders or speculators who might have taken advantage of the situation and squeeze some profits.
And it just shows how volatile the market will and will be in the future. So we don't know, at least we should be in the bullish trend still for this year but there could be a lot of humps along the way that it's really hard to see what will be all time high for this cycle.
So this basically favours people that trade, and trade really well, because they can profit off this movements. Or you can just HODL.
The downtrend can be easily predicted as ATH mostly defines the depth of the correction and the bottom but for now it can be said that $79k is the bottom for now (unless something big happens) so determining the end of the uptrend will be bad but at least the price will increase on a weekly basis.
This looks like an analysis from someone that trades reguarly, you trade?
As expected, because of the recent BTC price surge other altcoin are on the move upward, and I'm sure a lot of people saw this coming, but I think the real question now is how long this trend would last.
No one knows for how long this trend will last. The correction was in, the recovery was in and the stability of Bitcoin shows above $78k is there as well. We probably have seen the dip and bottom of this cycle but we don't know for how long it will hold. We're trying to break and hit back $100k and more, so it's only a matter of time and give it time maybe until this year ends and things might go easy and favorable to all of us.
Because we've been here a couple of time, and it would be cool if we can put a timeline on this, if it's just a temporary move, and even if it isn't, how long can we expect the bullish trend to last.
Just expect that for several months for this year, we're still in the bullish form. But if all of a sudden, more negative news and hacking comes and the market plummets a lot, that might be a sign but we have to wait for confirmation. It's pretty likely that 2026 is the bear market.
I see what you mean, and from what I've seen online it looks like a lot of people are expecting these negative news so price can come down, they get in and they ride it back up.
As expected, because of the recent BTC price surge other altcoin are on the move upward, and I'm sure a lot of people saw this coming, but I think the real question now is how long this trend would last.
Because we've been here a couple of time, and it would be cool if we can put a timeline on this, if it's just a temporary move, and even if it isn't, how long can we expect the bullish trend to last.
You probably asked yourself the same question when Bitcoin was dumping, and honestly, the answer is we don’t know. No one expected Trump to suddenly announce crypto as part of the U.S. reserve. There were speculations before, but no one saw it happening this soon.
So, just like before, if we trusted the market when it was dumping, then we should trust it even more when it’s pumping. Maybe it’s best to keep holding, or if you’re thinking of investing, it’s still a good time, because we might just be on our way to a new ATH.
Yeah this makes sense, although I'm not looking to invest at the moment, my play is to keep holding what I have currently.
As expected, because of the recent BTC price surge other altcoin are on the move upward, and I'm sure a lot of people saw this coming, but I think the real question now is how long this trend would last.
Because we've been here a couple of time, and it would be cool if we can put a timeline on this, if it's just a temporary move, and even if it isn't, how long can we expect the bullish trend to last.
There are many many variables which can/could contribute to what direction the Bitcoin market
takes at any time. We can only speculate as to what way its going to go in the medium term.
Based solely on the last halving we should see an new ATH later this year, in the second half perhaps
and after that we should enter a bear season based on past historical moves and follow Bitcoins
4 year cycle.
Some commentators have spoken about an end to historical market movements because things have
changed now but that will all remain to be seen.
I recon thats the best timeline you will get - Bitcoin following its 4 year cycle between halvings.
And please be prepared for big pullbacks like we just had from ~$100k to ~$78k and correction back
to ~$94k in the future.
I think this is as close as I've ever gotten to finding an answer to this question online, I really appreciate this.
[moderator's note: consecutive posts merged]