Alt market today - page 12. | Bitcointalksearch.org

ZaMRoneY

newbie

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Quote from: Pterosaur on March 16, 2022, 05:30:16 AM

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.

The trend line has been in a very slow uptrend for a while now and we're already down bad from previous ATH's it's more likely that BTC and everything is about to explode with it. But as for alts today i see most of the movement in the gaming niche of crypto. I've been keeping a close eye on $ENGN and i'm thinking about starting to invest into it slowly their plans for the future of crypto gaming are quite innovative. Plus i was wondering if anyone has heard of #Lunafi they're a gambling project that plan to make their own casino in the metaverse. Really interested to hear your guys thoughts on them. Cool

evilgreed

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This is actually pretty good. Too bad only a few altcoins are recovering and we don't that much of a momentum yet. Now about this being a bear trap or a bull trap, we can never really tell with all the crap that is happening around the globe. Best option for now is to stay on spot. And if you really wanna do some leverage trading, keep yourself on lower timeframes and on low leverage. The variables are real and no technical analysis will save you when things go to shit in the economy. Not unless you prepared stoplosses.

kojektea

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Vave.com - Crypto Casino

Quote from: Pterosaur on March 16, 2022, 05:30:16 AM

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.

I believe that bitcoin is currently doing a test to break through the next resistance if it succeeds in several stages then bitcoin is declared a positive market or we are already in a bull market. But, currently bitcoin is only going up to break the first resistance, although of course there will be other movements as well from other altcoins, it does not rule out bitcoin will still go down because the bull market has not been confirmed until now.

shinratensei_

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Leading Crypto Sports Betting & Casino Platform

Quote from: Pterosaur on March 16, 2022, 05:30:16 AM

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.

You are asking others who have no clue about the market too. That doesn't make sense if people can predict it accurately. As far as i know the bull trap can sometimes occur in the market. The market is bullish right now and it seems like the accumulation period for the whales almost ended and we may go up from here. Im feeling bullish but i can't be sure if this will be real caused by the sentiment can change anytime based on the global market.
Even when you are saying the market looks going down right now but it can go up just like when whales are pumping bitcoin. I hope that this time will not become another bulltrap again.
That's enough to see that if we have so many bulltrap that already happened since last week.

masterrex

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Quote from: Pterosaur on March 16, 2022, 05:30:16 AM

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.

Mate don't just be fooled by numbers just look around and you see most of all markets and trading globally has been affected by the war on Ukraine and Russia so I think that's premature to think that it was a bull trap the market is always working like that and its normal.

Petrol prices are rising globally and because of that it can also affect the prime commodities too like foods and other utilities and the crypto market is not insulated to that negative impact of that said war thats why be careful and don't be fooled by those indicators.

passwordnow

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Quote from: Pterosaur on March 16, 2022, 05:30:16 AM

BTC is back at 40k and some alts like BnB and ETH are slowly rising again is this another bear trap or bull trap?

No one knows.

Quote from: Pterosaur on March 16, 2022, 05:30:16 AM

What are we looking at here? To me it looks like the market keeps going down.

Well, this day is just a prove that we're green and the market isn't down. With all of the analysis that I've read last week, majority of those analyses are containing and telling that we're about to go with a bull run. Who knows? they're also speculators in the market but they have a basis and pattern. Although that's not a financial advise but with what I've seen with those sources, hopefully that's a good sign.

JeffBrad12

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Quote from: Pterosaur on March 16, 2022, 05:30:16 AM

BTC is back at 40k and some alts like BnB and ETH are slowly rising again is this another bear trap or bull trap?

I would like to call that a possible bulltrap but im not sure about this as im not so expert in predicting the market. It's caused by the bitcoin market is very volatile at this moment. It can be seen from the flash pump that happened yesterday. So i do believe if this pump is a possible bulltrap but i hope my prediction will not true.

Quote from: Pterosaur on March 16, 2022, 05:30:16 AM

What are we looking at here? To me it looks like the market keeps going down.

It's maybe you but i think it's still unpredictable and why? it's caused by the 1 d candle of bitcoin is not giving a clear direction about where bitcoin will be going on. As far as i can see that if bitcoin will be going up but it seems like the support is not strong enough to break another resistance. We need more than a miracle to see this happens. I hope the miracle will come soon.

sulis sudibyo

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Volare.network

Quote from: Pterosaur on March 16, 2022, 05:30:16 AM

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.

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. You know if this goes according to people's expectations there should be a negative effect because of this, but in fact the price of bitcoin is strengthening. so I think it's like a trap before the crash.

tyz

legendary

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Well my personal opinion is that the market is holding up very well given the current circumstances. There would be so many reasons right now that the crypto market should be crashing (including the Ukraine war, global money printing being cut back, inflation, etc), but it's not. To me, that gives me hope that the market could quickly rise again as soon as the risk factors diminish a bit.

isukcole

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Quote from: Pterosaur on March 16, 2022, 05:30:16 AM

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.

BTC is still attempting to push higher, and optimistic mood is beginning to resurface, with a recent string of higher lows supporting the notion that a new effort at resistance will be successful shortly. Also believe ETH could be back on track soon, there's divided opinions always but i'm stick with defis to farm and stake some incomes.

Pterosaur

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Syntrum.com

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.

Topic: Alt market today - page 12. (Read 1800 times)