Topic: Are we finally in BULL MARKET? (Read 890 times)

Yeah the growth of a few hundreds isn't by far an indication of a bull run. I think we should accept the possibility that that bullrun we've all been waiting may not come probably this year. Basing on the first quarter movements, there aren't aby solid reason why another big run would happen. The possibility of us dropping is quite even.

Bull market will start if people even the ordinary will invest to the bitcoin again.

Bull maket is what we want or what we expect to happen. There is a chance to happen also there is a chance to not happen. Even we are in the market turn again to green we can see still dumping if the people did not maintain it.

Everyone wants to end of the bear market and start the bull market as soon as possible. We cannot know if we are in the bull market or not.

It is very funny to say that the price movement with a very small margin is said to be bullish has started, this hasn't started yet.
I know that many of you really want to see the market go green again, be patient

The smartest thing at this moment is to wait, because of the movement towards the $ 4k, it was a movement with considerable volume, it is very normal in this phase of the market (According to the Wyckoff methodology), the Law of Effort-Result is being executed, Bidding is being tested towards higher offer levels.

We can not rule out a possible bullish trap, in general there is still a long way to go. For now, as I see the market, at this time I would not enter any position, since these movements are still seen with some uncertainty. Following some Jesse Livermore teachings, there are times when you should not enter the market, simply observe and, in that case, react to important movements.

There have been a few bull traps recently so i'm hesitant to call the recent price hike the start of a recovery. Even now that bitcoin is above $4000 by the time i finish writing this message the price could have fallen a few hundred dollars already

I think we are at an important point now. Maybe even the coming hours could be decisive for the direction of the coming month or two. btc usd have a range now between 3800 and 3940, since the bears failed to break the 3800 yesterday and the bulls failed to break the 3940 a few days ago.

Yesterday we could see LTC' and ETH' getting very weak, breaking low time frame support. It also looked like Bitcoins 3800 would break, there were a few attempts even at the low, but they all failed. Since then, LTC' moved up quite strong again and ETH' a little bit. The whole crypto market (without Bitcoin ), the chart on the left, has moved up quite well since yesterday's low. After the break of that wedge , the drop and now the retest, it is starting to look like the market maybe doesn't want to drop. It is still below that red resistance, which is THE level to break, but if bears were in full control, we usually see it drop faster than this. Not sure yet, but maybe the bulls are up to something. I am thinking this, because the Open Intrest on Bitmex went up a lot the past days. Almost at 500 mil now. I find it a bit remarkable, to see so many buyers (compared to the past 3/4 months) while the market is at a dangerous price and at a weak spot as well. Could be meaningless and just a lot of big crazy buyers trying something, but i give benefit of the doubt to the bulls now. Also because that 3800 simply did not break yesterday, even thought volume was decent at that moment.

Anyway, chances are very high to see a big move soon, up or down. The 3800ish seems to be a very clear level now, so if that one breaks, we could see a big drop towards the 3500 even. Past weekend i thought a correction to 3700ish would still be a normal/healthy one, but with the OI this high, i don't think the drop will stop there if the 3800 breaks. On the upside, same story. Since OI is this high now, it means a lot of shorts are in play now with probably a lot of stops starting above 3940. So i think if that level breaks and seeing it getting above 4000 (with normal buying and not a short squeeze) while volume increases on the way up (most important factor), we could see a big rally happen. Maybe even above the 4200.

So there are some uncertainties, but one thing i am sure of, if we see a touch of 4200 again, even if it gets rejected at first, if will break eventually. Low time frame, i would keep a close eye on ETH'. If that one breaks up on the lower time frame, could be a big sign. Broke that blue curved line, but not yet a real break out. To be clear, the bearish wedge is still in full play here, Bitcoin' has a similar one which is even weaker. So between 3800/3950, anything can happen. Break of 3800 is probably a big sell signal. If we do move up, keep an eye on volume , if that doesn't increase on the way up, it can still be a fake move. Really need to see a fight on the way up, i am saying this, because those were the only real rallies we have seen the past months.

we all have that feeling. however, I think that the increase in the price of bitcoin to $ 4000 is not the intended bull run. maybe the bull market is meant when all crypto prices rise above 5%. well, that might be a sign that the bull run has started.

Recent news is, as Bitcoin marketcap has tremendously grown, by June we might have a huge spike. This is what was heard. Hope, the current healthy trend continues and as per the news, we see a good spike yielding profits to all who have bought and held bitcoin since February 2018. The best time to buy more coins.

Now the market situation is completely in positive which almost altcoins prices are slowly increasing but Bitcoin price is still at the same value. Maybe the by the end of the year we might expect the price of Bitcoin will easily cross more than 6000$.

We are actually experiencing very really rise in bitcoin and some altcoins for the past few weeks now and it is as a result of few investors who are beginning to realize that the BULL RUN speculated for this year/early next year might be a reality, thereby making some of the investors.

Though not the famous ones pump more of their money into the bitcoin market, reason for the few coins appreciating in price as said by the OP is as a result for stronger community they beginning to add more in preparation for the BULL, so for now, the price is actually rising but slowly, at least from $3800 btc traded on early this month has experience growth to  $3964 this week.

For sure it will go over  $4,000, the price movement is very good lately and I Like what I'm seeing.
Good to know that you are bullish on bitcoin as well, I hope more people would be bullish so they could help push the price uptrend.

I have a feeling that BTC will go over $4,000 very soon and all alts will retrace to their previous levels.

And this is precisely why it will not happen, those kind of sudden market movements happen when nobody is expecting them, in any market there can only be a few winners, it is just their nature and the sooner you understand that the sooner you will understand that a bull market now is impossible because many are expecting it, so it is likely that for the rest of the year we are going to see the market ranging and not moving that much.

I will not predict a bull run at this time of the bear market. It is very hard to determine whether a bear period is over or not because people may decide to sell and get their profits when prices reach a certain level which may also bring us back to the lows again. I think we must be very watchful not to be deceived by the current market movements which may let you to buy when you are not ready.

Each and every user is in the urge of experiencing a bull market. This is all because of the price bitcoin reached earlier, no one expected such growth, and when it happened users believed it'll grow big further. The same lead to missing of the opportunity profiting big. Now everyone expect similar growth so that can benefit out of the same. Newcomers never expect suddenly and majority were the users who missed it badly.

That is truth,  bitcoin has been moving in a channel and it is very difficult for some one to actually predict if the market is in bullish trend now as it has not really moved from the last bottom.  The market is somehow stable now and it is very difficult for us to see market directions as it is in time past when the volatility always show the market directions in a shortest time.

Bull market is still far away, so you have to be more patient. The main cause of the recent increase is from bitcoin users who use it. If many users sell then there will be a supply so that the price moves down, so also if many users buy then there will be a demand so the price moves up. That is what causes the increase at the moment, but the amount is still very small unlike crypto in general which has very large fluctuations. Bitcoin will fluctuate in large amount if there are other big reasons, but this hasn't happened yet. Bitcoin is indeed a good future, we see bitcoin in the future, I am sure to experience good development.

of course not. at the moment the price of bitcoin is not rising high, so I think we haven't entered the zone from the bull run. but I believe that the price of bitcoin will rise to be higher in the future. hopefully this month we will get a bull run.

Nope, were still on a bearish market. I will only say that were on a bull run if my tokens are all up.   But at the current situation of the market still.the bears are dominating.

I think you can try to learn market movements from the last 10 months, and look for any new information that can find trade growth.
and I did not find that bullrun will come soon in a short time, yes until the middle of this year it will not grow high.
in my opinion