Has the bull market returned?

[Nomad]

In the last 48 hours, we have been seeing a sharp rise in Bitcoin, Altcoins as well as meme tokens. Do you think the bull market has returned? How long do you think the prices will continue to rise?

 

[deucher]

I would like this because before winter I would like to earn a little more, but for some reason it seems to me that this is not the case and this is not the moment when the price will only start to rise. The change in trend happens unexpectedly, so I think that this is not the right moment

 

[MaxMass]

With the answer will help to check reliable financial news sources or market analysis websites. But , I think it will still rise .

 

[Nomad]

Yes, Bitcoin has stilling rallying. While altcoin has not gained much value in recent times, Bitcoin seems to be going strong. I believe Bitcoin will get into a new all time high before the end of this year.

 

[Abezol21]

That's right. This is the right time to invest in bitcoin because it will keep rallying for next five months or so which will follow by auction and memes. But caution should be apply because of market volatility.

 

[Nomad]

If you are a long term investor, you should not be afraid of market volatility. That's because as a long term investor you have enough patience to wait until the market returns and sell for higher price.

 

[Shoaib5600]

The crypto market shows signs of a potential bull run, driven by factors like increasing institutional investments, the upcoming 2024 Bitcoin halving, and positive sentiment indicators. However, caution is still advised due to market volatility.

 

[VericaSuvic]

To determine if a bull market has returned, look for a 20% rise in asset prices from recent lows, along with positive economic indicators like low unemployment, manageable inflation, and stable interest rates. Also, gauge investor sentiment—strong confidence often suggests a bull market.