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Topic: Alt market today - page 11. (Read 1870 times)

sr. member
Activity: 1610
Merit: 264
March 17, 2022, 02:33:25 PM
#31
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It's just the market stabilizing around a certain price and just don't do anything at all. It's nothing to be excited about nor be worried about, OP.
Maybe a best way for day traders to take advantage of it.

I was a day trader back then, lol.
hero member
Activity: 2198
Merit: 607
Leading Crypto Sports Betting & Casino Platform
March 17, 2022, 02:31:24 PM
#30
Do not consider it a trap, because Bitcoin is not a shitcoin that traps investors to lose. So no traps even if the price goes back below $40K though. Because you will have long term benefits. We believe that no matter how bad the speculation out there has lately been used as a weapon in saving inflation, the fact is that when the war is still ongoing fiat currency weakens, then only Bitcoin gives the option to keep its value. Do not be taken in by temporary market sentiment, because you will only be easily fooled. So drop money in Bitcoin on a regular basis, because that's where various advantages can be seen.
Bitcoin is also sometimes manipulated, and bear and bull traps have often occurred. And now there is no guarantee that we are not in a trap. The FRS have raised interest rates for the first time since 2018. And after this news the whole cryptocurrency market started to rise. It seems strange, considering that this event should have no impact on cryptocurrencies. So we can assume that the rise now could easily turn out to be a bear trap.

Regardless of whether it is called a bear trap or not, if we match it with the current movement and adoption that occurs, there may be 2 choices, namely as a trap or indeed as an increase that leads to a bullish market again. Given the current rising issue, crypto is becoming an ideal target by people in Ukraine, Russia and some other countries who are trying to enter to take alternative payments.

If you pay attention to Bitcoin price movements, then I would certainly say that this is a good start for long-term holders. Survive over $40K in days, keep your keys safe.
sr. member
Activity: 1960
Merit: 329
March 17, 2022, 11:28:43 AM
#29
most likely this is a trap. the past few weeks our focus has been on russia-ukraine to the point of forgetting that the FED will announce a rate hike in a few moments.

It does not look like a trap to me. Maybe price is beginning to turn from here. And that can be because insiders have the feelings of what the FED position on rate will be and are buying on that unreleased news ahead of its release. You made a point about the Russia/Ukraine war causing people to forget about important things and making them secondary now. Nobody talks about coronavirus and the daily number of infected people. Or is coronavirus no one? Has it ended? This is one reason alot of people say that coronavirus does not exist and that it is a game to cause panic. So the war cured the world of coronavirus madness?
hero member
Activity: 2996
Merit: 536
Leading Crypto Sports Betting & Casino Platform
March 17, 2022, 11:00:38 AM
#28
The answer to this question is completely unclear. I think this could be a bear trap. If the bull season had started, it would have risen harder. In my opinion, you shouldn't trade without placing a stop loss order.
Stop loss order was a must even when you are playing in the future coz the volatility in the market is so fast. Bitcoin can be pumped and dumped in a short time. People are still feeling confuse about which trend that will occur this time but they have no clue as what they have predicted may not come true. Bitcoin can be dumped even in a few minutes. The volatility can turn a bearish to the bullish and otherwise bullish to the bearish trend instantly without need waiting for a quarter or even a year for it to happen.

The bulltrap already happened a few days ago and market is facing another rally. Im not sure if this is a bear trap. It seems like we are facing another really and it's not only a trap anymore.
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
March 17, 2022, 09:49:03 AM
#27
The answer to this question is completely unclear. I think this could be a bear trap. If the bull season had started, it would have risen harder. In my opinion, you shouldn't trade without placing a stop loss order.
a pump that occurs will be followed immediately by a correction, this is not a bull run. not all altcoins are affected by the bitcoin pump either. it is worth noting now how corrections can come very quickly. don't expect to wait for ATH to come in a short time. the altcoin market could quickly correct deeper.
sr. member
Activity: 1918
Merit: 256
Just.bet - Decentralized On-chain Casino
March 17, 2022, 09:47:22 AM
#26
BTC is back at 40k and some alts like BnB and ETH are slowly rising again is this another bear trap or bull trap? What are we looking at here? To me it looks like the market keeps going down.
itcoin is trying to get back higher, so far it is not certain whether bitcoin will indeed fly high or this is just a bull trap.
I don't expect bitcoin to fly away so soon, it's better that bitcoin is stable at the current $40k price, it will help the growth of altcoins to get the best price.
For ETH and other coins of course they will follow the movement of bitcoin a bit, I believe one bitcoin resistance has been crossed, that's why some coins are starting to rise slowly.
legendary
Activity: 2268
Merit: 1655
To the Moon
March 17, 2022, 09:39:06 AM
#25
...However, it was still looking positive, the price of Bitcoin managed to keep not below $35k despite all of these things which means that people are still holding and remain calm.

The price of bitcoin has been adjusted for a long time, but the price of most altcoins has lost up to 70% of its value during this time. Accordingly, the spring has already been compressed to the maximum and we can expect that in the near future an altcoin pump will follow, which will be accompanied by a decrease in BTC dominance.
hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
March 17, 2022, 03:42:57 AM
#24
This could be like market correction looking too well it has remains between 37 to 40k for about a week now possibly could be the Russian and Ukraine war, this likely affected most of the currencies out there if not those moving against the direction of Bitcoin.

The answer to this question is completely unclear. I think this could be a bear trap. If the bull season had started, it would have risen harder. In my opinion, you shouldn't trade without placing a stop loss order.

The market can't just jump over a night maybe there would have been gradual increase or growth. But i will read through many thread to know if is actually the bull or not.
full member
Activity: 1302
Merit: 115
Pepemo.vip
March 17, 2022, 01:36:34 AM
#23
The answer to this question is completely unclear. I think this could be a bear trap. If the bull season had started, it would have risen harder. In my opinion, you shouldn't trade without placing a stop loss order.
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
March 17, 2022, 01:15:12 AM
#22
Still have speculative after Ukraine legal cryptocurrency as currency payment beside they have open donation trough cryptocurrency, maybe this effect make bitcoin suddenly pump almost $2,000 from $39,000 become $41,000 although right now drop to $40,000. Still not have positive side with Ukraine government legal cryptocurrency because on other side they ask to several exchange market from Coinbase, Binance until Huobi for suspending all Russia cryptocurrency member, one side have good thing with bitcoin have been legal transaction on Ukraine but another side have bad thing if try to banned Russia cryptocurrency member.
hero member
Activity: 3024
Merit: 629
March 16, 2022, 10:19:20 PM
#21
BTC is back at 40k and some alts like BnB and ETH are slowly rising again is this another bear trap or bull trap? What are we looking at here? To me it looks like the market keeps going down.
Regardless for the reason on this minor increase, its a relief that despite of the current problem we're facing (war, inflation etc.) the market is not decreasing consistently, because crypto particulary BTC is still bouncing back. It can be a bear or bull trap but be wise to do what you think is beneficial for you. Anyway im not bothered by this situation because I am more optimistic that the future is bright for crypto, as long as you can wait until that moment. So if you're holding Bitcoin and established alts, dont mind their current price now, certainly it will have a huge increase once bull market occur again.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
March 16, 2022, 08:51:13 PM
#20
BTC is back at 40k and some alts like BnB and ETH are slowly rising again is this another bear trap or bull trap? What are we looking at here? To me it looks like the market keeps going down.
It's not forever that the market will decline although what it looks like now may be more in the direction of the decline, but it also won't last long now because the number of investors entering the market is so large that the decline and increase can occur several times a year and this is conditions are very different from the past, so don't worry if you still hold the good coins for now.
jr. member
Activity: 840
Merit: 4
March 16, 2022, 06:52:12 PM
#19
Look around you. We are in war times. Its a bloody bear trap. Soon as btc gets to 40k, watch as the bears come rushing back to snap us out of our dream
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
March 16, 2022, 06:49:15 PM
#18
After being sideways several days ago, the market seems to have a good trend today. Some altcoins are following the good movement of Bitcoin to rise up. But, some altcoins are still doing it hard to rise up.
But, we must still stay wise and ready for every possibility that will happen in the next day. We know that the market is still not stable, moreover seeing the current condition in this world, something bad happen there.
For some reasons, we are very happy that finally, Bitcoin can reach above $40k again, but the price keeps changing and maybe will be dropping again. So, we can use and utilize every chance to get profits only, not expecting too high price enough
hero member
Activity: 2268
Merit: 507
March 16, 2022, 06:00:58 PM
#17
BTC is back at 40k and some alts like BnB and ETH are slowly rising again is this another bear trap or bull trap?
Im not sure about bulltrap. This time the pump looks so different compared with last pump that has become a bulltrap for anyone and liquidate a lot of people. This time bitcoin is even stronger than before. This can be seen from how bitcoin was able surpassing 40k again and i think that there was no bearish or bull trap. These are not happening again. The crypto market is on the right time to increase again after a huge dump from the ATH.

What are we looking at here? To me it looks like the market keeps going down.
We are looking for the strongest support to crypto market. Bitcoin is also loosing for the good situation like this time to be able to increase again. The market is not going anywhere. The patter is showing if it will be going up soon.
sr. member
Activity: 2282
Merit: 439
Cashback 15%
March 16, 2022, 02:42:59 PM
#16
Do not consider it a trap, because Bitcoin is not a shitcoin that traps investors to lose. So no traps even if the price goes back below $40K though. Because you will have long term benefits. We believe that no matter how bad the speculation out there has lately been used as a weapon in saving inflation, the fact is that when the war is still ongoing fiat currency weakens, then only Bitcoin gives the option to keep its value. Do not be taken in by temporary market sentiment, because you will only be easily fooled. So drop money in Bitcoin on a regular basis, because that's where various advantages can be seen.
Bitcoin is also sometimes manipulated, and bear and bull traps have often occurred. And now there is no guarantee that we are not in a trap. The FRS have raised interest rates for the first time since 2018. And after this news the whole cryptocurrency market started to rise. It seems strange, considering that this event should have no impact on cryptocurrencies. So we can assume that the rise now could easily turn out to be a bear trap.
hero member
Activity: 2198
Merit: 607
Leading Crypto Sports Betting & Casino Platform
March 16, 2022, 02:00:20 PM
#15
Do not consider it a trap, because Bitcoin is not a shitcoin that traps investors to lose. So no traps even if the price goes back below $40K though. Because you will have long term benefits. We believe that no matter how bad the speculation out there has lately been used as a weapon in saving inflation, the fact is that when the war is still ongoing fiat currency weakens, then only Bitcoin gives the option to keep its value. Do not be taken in by temporary market sentiment, because you will only be easily fooled. So drop money in Bitcoin on a regular basis, because that's where various advantages can be seen.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
March 16, 2022, 01:42:51 PM
#14
Today market is fully green all coins are 2-10% up. GMT shiw amazing rally with 90% up. stocks are down so goes to crypto. The market is tanking I guess i bought my coin late due to FOMO but I'm gonna hodl till it pumps while still  mining Eth before it goes POS.
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
March 16, 2022, 12:45:20 PM
#13
Drastically bitcoin have higher and lower although success break out from $39,600 become $41,700 but after few minutes bitcoin success reach higher price than drop suddenly on the lower price before, I see have whales try to make bitcoin change suddenly pump and dump and looks they try with future trading way because most profitable when have situation bitcoin price drop and pump suddenly. I see change of bitcoin price almost $2,000 today but not existing after few minutes raise up bitcoin price back drop and now stuck only on $40,500.
hero member
Activity: 3052
Merit: 651
March 16, 2022, 12:38:35 PM
#12
Well it went to $44k just weeks ago so I won't consider anything for now.
Time of the year where there is a pandemic, a war, and economy from different parts of the world are giving us a problem due to expensive rates of literally anything.
I don't think there will be more people having the thought of investing in BTC or altcoins if their pockets have gone dry.
Just be patient for now and if everything goes right we might see a bull in a couple of years.
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