Has the bullrun ended before starting?

[Henry]

As I type this, the price of Bitcoin is selling below 61,000 dollars. Before the halving, there were expectations that the price of Bitcoin would soar above 70k, but weeks after, we are experiencing dips. Do you think the bullrun is not going to happen again?

 

[Thomas]

Bitcoin’s halving trends often show a bull run after 6 to 12 months, with what have happened so far, it looks like we still have the bull run but it's being affected by demand and supply. The timing and scale of future runs may increasingly vary based on market conditions.

 

[Steven]

Bull run or no bull run, cryptocurrency will always be going up and down in price. Few days ago, BTC went back up to $70k+ but today it's down to $68k+. This have always been the signature.

 

[Sara]

Though bullrun has shown signs of life but it's still showing uncertainty making predictions to be challenging. For those investigating and trading on crypto should try to monitor market news and analysis.

 

[Jeff]

Currently, I think that the bullish run have stabilized a bit compared to when it started. This is because if it had kept moving the way it is moving then, bitcoin would have reached $100,000 per coin now.

 

[Kennysplash]

Well the beauty about cryptocurrency runs is that they are always reoccurring. The fact that it seems to be over now does not mean that it will not happen again. It’s a cycle that will always be repeated.