Are we in a bear trap? - page 2. | Bitcointalksearch.org

milewilda

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Quote from: TheGreatPython on December 28, 2021, 10:51:59 AM

Quote from: STT on December 27, 2021, 06:46:23 PM

So if we said 2025 or upto 2030 perhaps, its possible 100k can take that long but I do think it occurs on the precondition that BTC itself at least remains as valid and used as it is presently.

Bitcoin is always going to remain valid and used actively although I agree other cryptos are taking a share of the market rapidly. That said, they are all categorized as altcoins while Bitcoin is sort of standalone crypto so it will always remain valid and active.

I am sure $100k will be hit within 2022 itself, we don't have to look at 2025 or 2030 that time around we may be looking at million dollars maybe.

Being optimistic isnt bad but dont anticipate or hope that much that the market or price would really be like that on upcoming years to come or in next years because its never been a guaranteed thing for
these things to happen because market is truly unpredictable no matter what this is why its really hard to make out conclusions basing up on volatility alone on this market
Bear or Bull trap it wouldnt matter because it could really happen in an instant whether there are sentiments around or totally having nothing at all
which it is really hard to make out such move.

Botnake

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Quote from: TheGreatPython on December 28, 2021, 10:51:59 AM

Quote from: STT on December 27, 2021, 06:46:23 PM

So if we said 2025 or upto 2030 perhaps, its possible 100k can take that long but I do think it occurs on the precondition that BTC itself at least remains as valid and used as it is presently.

Bitcoin is always going to remain valid and used actively although I agree other cryptos are taking a share of the market rapidly. That said, they are all categorized as altcoins while Bitcoin is sort of standalone crypto so it will always remain valid and active.

I am sure $100k will be hit within 2022 itself, we don't have to look at 2025 or 2030 that time around we may be looking at million dollars maybe.

If the market will recover from this whole correction, i think we will end this year close to $60k at least. So its not bad at all to expect $100k by 2022 as we are really heading to its upward trend. If the market will attract positive news consistently, bitcoin price will eventually reach higher than $100k seeing how volatile it is.

However, we should not also close our minds that the bear season will also happen at the first quarter of 2022, but i know after rainy days a rainbow will appear, so its like a bullish season after its bearish trend.

TheGreatPython

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Quote from: STT on December 27, 2021, 06:46:23 PM

So if we said 2025 or upto 2030 perhaps, its possible 100k can take that long but I do think it occurs on the precondition that BTC itself at least remains as valid and used as it is presently.

Bitcoin is always going to remain valid and used actively although I agree other cryptos are taking a share of the market rapidly. That said, they are all categorized as altcoins while Bitcoin is sort of standalone crypto so it will always remain valid and active.

I am sure $100k will be hit within 2022 itself, we don't have to look at 2025 or 2030 that time around we may be looking at million dollars maybe.

Mauser

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Doesn't look like a bear trap to me at the moment, rather a sideways trend. I'm December we had a couple of negative news that prevented a recovery, but it's also not too bad. Now during the holiday season I would expect most traders to lay low, same goes for the first 2 weeks in 2022. Since bitcoins still seem strong around the 50,000 USD barrier I would expect a rise again in spring next year. So waiting now for prices like 35,000 USD doesn't seem realistic. Hoping for the perfect price to buy might end up missing out on the next rally.

darewaller

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Quote from: cute nmp on December 27, 2021, 05:58:59 PM

The market has been crashing for weeks now showing a little signs of recovery.I don't think we are in a bear Market but we may be heading to one anytime soon hoping the market will recover soon and I will make some profits from my investments.

Around the end of the year and start of every year, the market behaves in a typical fashion where it falls a bit or just tops the charts for a few days. Earlier when the market used to crash, the naive trader inside me used to believe that it's happening as people are doing Christmas and New Year shopping and liquidating their Bitcoins but over the span of years I have learned that's not the case and it's just manipulation from large institutes or whales.

Calling it a bull or bear run is not viable unless there is some evidence or reason behind it. When Tesla accepted Bitcoins payments, I agreed we were in a bull run and when they took the move back, we went into a bear run because there was some facts to back up the price rise and fall. Now there's almost no major news so it's pure manipulation of the market by whales. No other way to put it.

STT

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100k will happen, its the opposite as stated there that somehow everyone knows its just a dream. The reason being continual inflation allows prices to alter upwards even without value increasing, so its actually inevitable that so long as BTC continues in its known path it will reach 100k.
After we establish that basic positive bias then its just a case of debating the timeframe of that 100k target, near or far. It might actually be beyond the next cycle, we tend to go in 4yr boom and lulls to the price. I dont know we will always cycle in that way but its not too dissimilar to how markets move anyway. So if we said 2025 or upto 2030 perhaps, its possible 100k can take that long but I do think it occurs on the precondition that BTC itself at least remains as valid and used as it is presently.
In that very large time scale framing, yes bears will perish if they intend to hibernate from the market that long.

cute nmp

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The market has been crashing for weeks now showing a little signs of recovery.I don't think we are in a bear Market but we may be heading to one anytime soon hoping the market will recover soon and I will make some profits from my investments.

Fredomago

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Quote from: LUCKMCFLY on December 26, 2021, 09:59:58 PM

Quote from: ?? on ??

Quote from: Fakhrulenclix on December 13, 2021, 12:10:44 PM

We always thought that there would be a bear trap and had to be careful with the value of the investment. Before thinking that behind the high price increases there is a whale scenario for high purchasing power by people around the world, we must realize that supply and demand continue to occur. We are actually just taking shortcuts, if we are able to be careful and not emotional in making decisions, it will definitely have a good ending. The purpose of trading is for profit and financial freedom, so focus on that and get rid of negative thoughts.

Yes. sometimes emotional control makes us more in a safe position in making decisions or staying in a stable mindset to avoid all the worst possibilities.

What happens is that everyone expects BTC to reach $ 100k, and that is something that I do not think will happen, the whales know it and the institutions too, it is very difficult to predict who will be right, you cannot raise the price to $ 100 ko $ 150k if they were repeating it since the first quarter of 2021, what can happen is that the price drops even more so that the whales buy more, of course I can be wrong and suddenly the BTC reaches $ 100k, but for now how you see everything, I doubt it a lot.

Whales and co. are good at playing both bull and bear are still can be influenced by the amount of fund or asset that they will
provide inside the market, while institutional investors are observing and moving aggressively each time downfall takes place, they are just waiting to see if the momentum is already done, then buy it to add to their store asset.

We really can't conclude either way. We can only speculate and wait if we assume it correctly.

What we got right now is the path that we need to assess to make a good success inside this industry.

LUCKMCFLY

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Quote from: ?? on ??

Quote from: Fakhrulenclix on December 13, 2021, 12:10:44 PM

We always thought that there would be a bear trap and had to be careful with the value of the investment. Before thinking that behind the high price increases there is a whale scenario for high purchasing power by people around the world, we must realize that supply and demand continue to occur. We are actually just taking shortcuts, if we are able to be careful and not emotional in making decisions, it will definitely have a good ending. The purpose of trading is for profit and financial freedom, so focus on that and get rid of negative thoughts.

Yes. sometimes emotional control makes us more in a safe position in making decisions or staying in a stable mindset to avoid all the worst possibilities.

What happens is that everyone expects BTC to reach $ 100k, and that is something that I do not think will happen, the whales know it and the institutions too, it is very difficult to predict who will be right, you cannot raise the price to $ 100 ko $ 150k if they were repeating it since the first quarter of 2021, what can happen is that the price drops even more so that the whales buy more, of course I can be wrong and suddenly the BTC reaches $ 100k, but for now how you see everything, I doubt it a lot.

savetheFORUM

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Quote from: TelolettOm on December 16, 2021, 06:28:45 PM

IMO, yes we are in the bear trap and also bull trap, between the two. We may consider about so many predictions that December will be the bullish season for Bitcoin and followed by altcoins in early year of January. But in fact, bear trap is coming and still continuing, moreover with some FUD are still around us, the price may be not able to rise up significantly these days.

You know that a lot of people are saying that there is going to be a bull run this December because of what happened before. Most of the time people base their predictions on the past experience that we have had in the market, but a few times we have seen that that wouldn't be the case.

There are times that we have expected events to repeat themselves, but it never happened. Rather what we get to see is a totally different outcome. Just like this last bull run, it was quite different from the one we experienced the last time that we saw a bull run, which was when Bitcoin reached close to $20,000. And this bull run also lasted for a long time, even after it reached an all time high price, it went down and still came back up again to reach another new all time high price.

TelolettOm

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IMO, yes we are in the bear trap and also bull trap, between the two. We may consider about so many predictions that December will be the bullish season for Bitcoin and followed by altcoins in early year of January. But in fact, bear trap is coming and still continuing, moreover with some FUD are still around us, the price may be not able to rise up significantly these days.
And the bear trap still makes altcoins moreover top coins to be in the lower rates again and again, without like rising price so far.
But I am actually confused enough what exactly whales want from this kind of market condition, they must need to earn big profits that is why they are playing like this, putting us in the very small difference condition about bear and also bull trap. And this will make many people panic during this bear trap situations.

jaberwock

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Quote from: 2double0 on November 19, 2021, 03:28:43 PM

Seeing the funding rates above, it seems clarified that btc had a 'fakedown' and was a bear trap, but how low do you think will it go? Is the trap game over and we lost the 55k buying opportunity? Or should I wait for much lower value of btc to get an entry? I am still confused about that MtGox releasing their customers' btc tomorrow, which is making my nerves go wild when I think of what may happen.

Looking at how it goes up and down constantly and there isn't really that much change on whats going on, I would say that it is not really in a bear trap but more like it is just volatile. Bear trap is more like when the price falls to trick people into thinking it will go down, but we are not seeing that, sure it did drop a few times already but it also recovers as well.

Price is going between 45k to 50k and when you consider it as bear trap at drops to 45k, you should think it is bull trap when it goes back to 50k in that case which wouldn't be right. It is simply just a situation where we haven't decided on anything yet and the price shows that people are indecisive about the situation.

aryana42

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what a real bear market is, I'm still hard to prove that it's true. stuck in a bear market are you so sure of the source you are getting. I just think that it's time for bitcoin to have a correction, once it is pumped there will be investors who will take profits. it is impossible for all of us to benefit, there must be a time when we have to lose and there is a time to make a profit.

LUCKMCFLY

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Quote from: perfect999 on December 08, 2021, 03:28:52 PM

Quote from: ?? on ??

When the market goes down like this is the point to test who is got patient enough to stand the sight of investment going down, I think this month is not very friendly with crypto, some people are still very optimistic about the market not in bear season, alts are taking a blow right now, today it seems the marker is coming back slowly, maybe the crypto experts can tell us if we are in a bull trap or just the market reacting to the new covid variant news.

I don’t really think that this is something that has to do with the new covid19 variant. Easier to say that it can be anything, so does that also mean that the other times that the market has gone down as well around last month, that it was also because of the same thing? Because the new variants of covid19 wasn’t announced this month, it was announced some few months back, and maybe it might have affected the market then, but not now.

I just feel that this is the regular up and down movement or price fluctuation. It’s just with time and the market will gather itself back and go up again. At least we have gotten back to $50,000 now as I write. So, with time it will still increase.

I agree with you, this seems to be one of the typical plays of the great whales, because they are used to doing this type of demovimeinto because most people are affirming that the BTC would reach $ 100k and the whales usually do the opposite, This is to give everyone a surprise, I do not think it is a bearish trap, I do not see it as something normal, but if it is necessary to understand that in any speculative market this type of thing can happen and a setback can turn out to be a healthy and necessary move .

batang_bitcoin

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Quote from: Kemarit on December 15, 2021, 05:39:07 PM

Quote from: ZeeeN on December 14, 2021, 03:40:31 PM

it bear trap or we are in bear market?

To be honest, we've seen many attempts to break the $50,000 barrier and it seems to be very hard to do that as the resistance is very strong.

So it is obvious that if we don't get over again this time, it will be another bear trap.

As for the bear market, really hard to tell, maybe next year we might see a good picture if we are indeed in the bear market, or we can still squeeze a bit in the first quarter and continue and hit what we have been expecting - a 6 digit figure.

It's better to see that it's a trap rather than an actual bear market. We do usually see this whenever we're entering again the consolidation. Just a random thought that everyone has this feeling that there will be a sudden push eventually.
When it's been stagnant for quite a while, there's always this time that it pushes upwards and we're seeing a rapid pump going to its ceiling.

STT

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Bear trap would be that Dollar is subject to possible losses beyond expected. To that extent its possible its a trap for anyone negative on various trade inverse to Dollar strength but its a long term question generally and you seem more focused on trading dynamics which is more uncertain and subject to volatility both in BTC and generally. Dollar should be a counter to volatility but its value overall becomes more unknown every year because the fundamentals and general debt burden are worsening.
Bloomberg, Barclays discussion of Dollar prospects

Kemarit

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Quote from: ZeeeN on December 14, 2021, 03:40:31 PM

it bear trap or we are in bear market?

To be honest, we've seen many attempts to break the $50,000 barrier and it seems to be very hard to do that as the resistance is very strong.

So it is obvious that if we don't get over again this time, it will be another bear trap.

As for the bear market, really hard to tell, maybe next year we might see a good picture if we are indeed in the bear market, or we can still squeeze a bit in the first quarter and continue and hit what we have been expecting - a 6 digit figure.

Xampeuu

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Quote from: DOH! on December 14, 2021, 03:22:01 AM

Quote from: TheUltraElite on December 11, 2021, 02:41:39 AM

Quote from: perfect999 on December 08, 2021, 03:28:52 PM

I just feel that this is the regular up and down movement or price fluctuation. It’s just with time and the market will gather itself back and go up again. At least we have gotten back to $50,000 now as I write. So, with time it will still increase.

A sell-off has been happening since last week and we are seeing prices below 50k a lot more frequently now. It is not a bear trap but a bearish trend indeed. We did see a long time in the 50-60k USD range and this is the correction that happened after that stagnation. Possible that bulls turned bearish and sold off coins to recover their investment while other bulls are still supporting at 48k USD.

Whatever be the reason, lets not jump into the easy conclusion of a new variant causing changes in prices. World monetary policies and bank policies have an effect and it can be due to certain countries having more stringent stance towards crypto as of now.

Yah, Any correction beyond technical resistance is not associated with the risk of omicron variations as everyone would expect, bitcoin has proven since the first covid variant and Delta. The inconsistent regulatory shift for bitcoin and “risk” leads to a negative market sentiment, which presents an opportunity for bears and so, will bulls await the upcoming Fed meeting takes place? The reaction to the larger narrow angle in May at $29k is a lesson, bitcoin will stand up to this sell-off, The drop below expectations indicates stronger selling pressures and I think this is an opportunity good to buy a few.

I don't think the covid pandemic is the reason for bitcoin's decline, but with this pandemic, bitcoin can actually reach a new ath. and every time there is a downturn then bitcoin can bounce back even we see some new ath this year. the formation of a new ath is usually preceded by a price decline, so that's the reason we buy every time there is a correction

ZeeeN

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it bear trap or we are in bear market?

DOH!

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Quote from: TheUltraElite on December 11, 2021, 02:41:39 AM

Quote from: perfect999 on December 08, 2021, 03:28:52 PM

I just feel that this is the regular up and down movement or price fluctuation. It’s just with time and the market will gather itself back and go up again. At least we have gotten back to $50,000 now as I write. So, with time it will still increase.

A sell-off has been happening since last week and we are seeing prices below 50k a lot more frequently now. It is not a bear trap but a bearish trend indeed. We did see a long time in the 50-60k USD range and this is the correction that happened after that stagnation. Possible that bulls turned bearish and sold off coins to recover their investment while other bulls are still supporting at 48k USD.

Whatever be the reason, lets not jump into the easy conclusion of a new variant causing changes in prices. World monetary policies and bank policies have an effect and it can be due to certain countries having more stringent stance towards crypto as of now.

Yah, Any correction beyond technical resistance is not associated with the risk of omicron variations as everyone would expect, bitcoin has proven since the first covid variant and Delta. The inconsistent regulatory shift for bitcoin and “risk” leads to a negative market sentiment, which presents an opportunity for bears and so, will bulls await the upcoming Fed meeting takes place? The reaction to the larger narrow angle in May at $29k is a lesson, bitcoin will stand up to this sell-off, The drop below expectations indicates stronger selling pressures and I think this is an opportunity good to buy a few.

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