Topic: BTC bulls back? - page 5. (Read 1358 times)
This week, of course, many are pessimistic because the price will fall again below $ 20k, but today we are satisfied because the price has risen more than 10% and makes us even more optimistic that this year is on the way to recovery, of course the price does not automatically skyrocket but rises slowly, and the target price for February is $ 30k to make investors more optimistic to buy and hold.
Confidence that this is really growth and not a bull trap can do serious damage to your friends' deposits. So far it is not clear why bitcoin is rising when the US has recently released negative inflation data. I don't dispute that it could be a reversal and a real rise, but while bitcoin is still in the resistance zone, I wouldn't be so sure.
I still believe that the increase that has occurred so far is not a trap, because the increase that is present is evident from the buyers who are still very dominant in the market that makes the price of Bitcoin increase after the small correction is over. Inflation may still be an influence, but the impact for Bitcoin this year is unlikely to be that big so I wouldn't consider the price increase in Bitcoin to be a trap.Confidence that this is really growth and not a bull trap can do serious damage to your friends' deposits. So far it is not clear why bitcoin is rising when the US has recently released negative inflation data. I don't dispute that it could be a reversal and a real rise, but while bitcoin is still in the resistance zone, I wouldn't be so sure.
I still believe that the increase that has occurred so far is not a trap, because the increase that is present is evident from the buyers who are still very dominant in the market that makes the price of Bitcoin increase after the small correction is over. Inflation may still be an influence, but the impact for Bitcoin this year is unlikely to be that big so I wouldn't consider the price increase in Bitcoin to be a trap. 
And hopefully, at the end of Q1, the price can get a breath of fresh air to increase to the $30k level. This will give confidence to people who still don't believe that bitcoin can rise again. If they see that bitcoin can increase and return to its last ATH, they will only realize its potential for them.
People like that are always the reason why price has big jumps (and dumps). They are the weak hands who think bitcoin will never rise again or will rise forever.In any case ever since the momentum got slowed down, $25 target became too hard to break let alone reach the $30k. We need a big positive news to get the ball rolling again otherwise it could take much longer than Q1.
With the current pump, they should be able to open their eyes to trying to become strong hands in holding bitcoin. They must learn from this experience because they see it in front of them. Even my friends who were left behind buying at $22k and $23k expressed their disappointment at missing out on that great moment.
And hopefully, at the end of Q1, the price can get a breath of fresh air to increase to the $30k level. This will give confidence to people who still don't believe that bitcoin can rise again. If they see that bitcoin can increase and return to its last ATH, they will only realize its potential for them.
People like that are always the reason why price has big jumps (and dumps). They are the weak hands who think bitcoin will never rise again or will rise forever.In any case ever since the momentum got slowed down, $25 target became too hard to break let alone reach the $30k. We need a big positive news to get the ball rolling again otherwise it could take much longer than Q1.
Hopefully, the pump will continue and we might see $25,000 in the next 24 hour time frame. I think it will be huge victory for the bulls as they are again on the market taking over.
With the current pump, they should be able to open their eyes to trying to become strong hands in holding bitcoin. They must learn from this experience because they see it in front of them. Even my friends who were left behind buying at $22k and $23k expressed their disappointment at missing out on that great moment.
Yes, I think like you, there are bitcoin buyers at around $16,000 and then just continue to hold on it. So they didn't sell if the price goes above $20,000 and I don't think they have intention to sell unless it's like 6 digits. So there could be a lot of strong hands in the market right now and just continue to amass and buy because it is cheap and they are looking for long term investments here.
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And hopefully, at the end of Q1, the price can get a breath of fresh air to increase to the $30k level. This will give confidence to people who still don't believe that bitcoin can rise again. If they see that bitcoin can increase and return to its last ATH, they will only realize its potential for them.
People like that are always the reason why price has big jumps (and dumps). They are the weak hands who think bitcoin will never rise again or will rise forever.In any case ever since the momentum got slowed down, $25 target became too hard to break let alone reach the $30k. We need a big positive news to get the ball rolling again otherwise it could take much longer than Q1.
With the current pump, they should be able to open their eyes to trying to become strong hands in holding bitcoin. They must learn from this experience because they see it in front of them. Even my friends who were left behind buying at $22k and $23k expressed their disappointment at missing out on that great moment.
And hopefully, at the end of Q1, the price can get a breath of fresh air to increase to the $30k level. This will give confidence to people who still don't believe that bitcoin can rise again. If they see that bitcoin can increase and return to its last ATH, they will only realize its potential for them.
People like that are always the reason why price has big jumps (and dumps). They are the weak hands who think bitcoin will never rise again or will rise forever.In any case ever since the momentum got slowed down, $25 target became too hard to break let alone reach the $30k. We need a big positive news to get the ball rolling again otherwise it could take much longer than Q1.
Well, i cant blame out people though because we've been in long time sideways movement on which it is really that hard to tell on where the price could eventually or potentially be going.
Bulls back? No one knows, and people on the time we are almost touching 25k trying out to claim on breaking 30k? Being positive does really give out that later on
getting annoyed or disappointment because this isnt this market works.
And hopefully, at the end of Q1, the price can get a breath of fresh air to increase to the $30k level. This will give confidence to people who still don't believe that bitcoin can rise again. If they see that bitcoin can increase and return to its last ATH, they will only realize its potential for them.
People like that are always the reason why price has big jumps (and dumps). They are the weak hands who think bitcoin will never rise again or will rise forever.In any case ever since the momentum got slowed down, $25 target became too hard to break let alone reach the $30k. We need a big positive news to get the ball rolling again otherwise it could take much longer than Q1.
This is why a lot of FUDs are roaming around social media and forums they just speculate the price of BTC that will go up or down. And this is why DYOR and technical analysis is a must.
@OP
It's really hard to determine if BTC is still in a bearish or bullish phase.
As I can see the market flows, there is a lot of discussion about the timeframe of BTC between the death cross within the weekly time frame and the golden cross within the daily time frame. In my opinion and analysis, I would say that the value of BTC might reach $30k but this may take a while since there is strong resistance at $25k, and ranging sideways might still happen but this could be a good opportunity for fast money if you are a scalp trader.
And hopefully, at the end of Q1, the price can get a breath of fresh air to increase to the $30k level. This will give confidence to people who still don't believe that bitcoin can rise again. If they see that bitcoin can increase and return to its last ATH, they will only realize its potential for them.
People like that are always the reason why price has big jumps (and dumps). They are the weak hands who think bitcoin will never rise again or will rise forever.In any case ever since the momentum got slowed down, $25 target became too hard to break let alone reach the $30k. We need a big positive news to get the ball rolling again otherwise it could take much longer than Q1.
Right now we can't say bulls are back, especially since February the price trend has continued to decline, it's natural that many say that the fantastic increase that occurred by more than 40% in January did not happen again in February but instead the trend continued to decline, of course we hope the market is soon rising again and could touch $30k in this month.
Now try to look at the market and also look at the price of Bitcoin, because today another increase has occurred in Bitcoin even though it has not yet touched $23K. But in general, it's a very good thing for all the people who are still holding Bitcoin because most of them now are expecting even more improvement than what's happening now. February is in the middle now and I think the price target for $30K is likely to be a bit tough for Bitcoin to hit if the buildup continues to look slow.The price build up is slow but it doesn't remain like that forever. The engines are only heating up and once more increases are added in the pot, that is the time it will move faster and besides we still have the other half of February. I guess that is still enough to try and attempt our second target which is $30k dollars.
Right now we can't say bulls are back, especially since February the price trend has continued to decline, it's natural that many say that the fantastic increase that occurred by more than 40% in January did not happen again in February but instead the trend continued to decline, of course we hope the market is soon rising again and could touch $30k in this month.
Now try to look at the market and also look at the price of Bitcoin, because today another increase has occurred in Bitcoin even though it has not yet touched $23K. But in general, it's a very good thing for all the people who are still holding Bitcoin because most of them now are expecting even more improvement than what's happening now. February is in the middle now and I think the price target for $30K is likely to be a bit tough for Bitcoin to hit if the buildup continues to look slow. hero member
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Right now we can't say bulls are back, especially since February the price trend has continued to decline, it's natural that many say that the fantastic increase that occurred by more than 40% in January did not happen again in February but instead the trend continued to decline, of course we hope the market is soon rising again and could touch $30k in this month.
We have to wait some more because, at the moment, the bitcoin price has not been able to increase and return to $23k. But that time will come and while it hasn't come yet, we can use this moment to buy more bitcoins. An uptrend will replace the current downward trend but we must be patient and not panic.The market will change for the better and there is no need to worry about another downturn because there is a good opportunity to increase the number of bitcoins. This trend may continue until the end of the month.
And hopefully, at the end of Q1, the price can get a breath of fresh air to increase to the $30k level. This will give confidence to people who still don't believe that bitcoin can rise again. If they see that bitcoin can increase and return to its last ATH, they will only realize its potential for them.
Even though this is a bull trap, we are seeing the price rise to $21k and on its way to $22k. And whether it will achieve today, tomorrow, or even the day after tomorrow, our profits will increase. But some say that this time is a bull trap coming. And after this, the price will go down again. Whether it is a bull trap or a real uptick in bitcoin, we must remain vigilant and not let our guard down because anything can happen. It is also possible that now is the recovery phase for bitcoin before it jumps to the last ATH and creates a new ATH.
but it stopped climbing 22k instead falling now to 20k again and still lowering , and also while you already admitted this as Bull trap then surely you have idea what to do in the coming days? yeah it is hard to listen to the market when it is showing it this way.ATH will be there in the year or two but for now be pleased that we had this small run recently and afford to gain something like 20% before dumping again.
looking for complete increase in the next couple of weeks as we are heading to the second month of the year.
Right now we can't say bulls are back, especially since February the price trend has continued to decline, it's natural that many say that the fantastic increase that occurred by more than 40% in January did not happen again in February but instead the trend continued to decline, of course we hope the market is soon rising again and could touch $30k in this month.
maybe calling it MINI BULL? lol because at least we find profiting even in short time and small increases. 
Well no I do not think the bulls are back. When they are back we see big gains and there is no need to ask if they are back. It is just known when they return.
Watching the Bitcoin price closely and I think this is still a 'bear market'. I have seen news about Bitcoin in the news might be making some investors not invest their fiat yet. It will happen just we dont know when that will be.
Hedge fund Pantera Capital thinks that Bitcoin is already in its 'next bull market cycle'. https://cointelegraph.com/news/bitcoin-is-already-in-its-next-bull-market-cycle-pantera-capital
Watching the Bitcoin price closely and I think this is still a 'bear market'. I have seen news about Bitcoin in the news might be making some investors not invest their fiat yet. It will happen just we dont know when that will be.
Hedge fund Pantera Capital thinks that Bitcoin is already in its 'next bull market cycle'. https://cointelegraph.com/news/bitcoin-is-already-in-its-next-bull-market-cycle-pantera-capital
Neither do I, I just don't think they ever returned in the past month, so hard to be back when they never were there to be gone in the first place
Yes, the market surged and price improved but we're not seeing quite enough volume and sustained levels to indicate bulls sitting down and putting up buy walls. Not that I'm any more of an expert but Pantera seems to be jumping the gun...
I was thinking BTC was going to be on a down hill mostly until near end of 2023. Do you believe this is a bull trap or true recovery for next bull is now here?
I would be interested to see what you people think and why.
:3
This not a bull and it is not a bull trap. When the bull market will come everyone will notice it without third party information if you are into trading. The bull market will come at the 3rd quarter of the year and in the 4th quarter, it will manifest for everyone to see. So if you I interested to buy it this the best time to buy and hodle it. I would be interested to see what you people think and why.
:3
Right now we can't say bulls are back, especially since February the price trend has continued to decline, it's natural that many say that the fantastic increase that occurred by more than 40% in January did not happen again in February but instead the trend continued to decline, of course we hope the market is soon rising again and could touch $30k in this month.
We have to wait some more because, at the moment, the bitcoin price has not been able to increase and return to $23k. But that time will come and while it hasn't come yet, we can use this moment to buy more bitcoins. An uptrend will replace the current downward trend but we must be patient and not panic.The market will change for the better and there is no need to worry about another downturn because there is a good opportunity to increase the number of bitcoins. This trend may continue until the end of the month.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Right now we can't say bulls are back, especially since February the price trend has continued to decline, it's natural that many say that the fantastic increase that occurred by more than 40% in January did not happen again in February but instead the trend continued to decline, of course we hope the market is soon rising again and could touch $30k in this month.
We have to wait some more because, at the moment, the bitcoin price has not been able to increase and return to $23k. But that time will come and while it hasn't come yet, we can use this moment to buy more bitcoins. An uptrend will replace the current downward trend but we must be patient and not panic.The market will change for the better and there is no need to worry about another downturn because there is a good opportunity to increase the number of bitcoins. This trend may continue until the end of the month.
Right now we can't say bulls are back, especially since February the price trend has continued to decline, it's natural that many say that the fantastic increase that occurred by more than 40% in January did not happen again in February but instead the trend continued to decline, of course we hope the market is soon rising again and could touch $30k in this month.
Well no I do not think the bulls are back. When they are back we see big gains and there is no need to ask if they are back. It is just known when they return.
Watching the Bitcoin price closely and I think this is still a 'bear market'. I have seen news about Bitcoin in the news might be making some investors not invest their fiat yet. It will happen just we dont know when that will be.
Hedge fund Pantera Capital thinks that Bitcoin is already in its 'next bull market cycle'. https://cointelegraph.com/news/bitcoin-is-already-in-its-next-bull-market-cycle-pantera-capital
Watching the Bitcoin price closely and I think this is still a 'bear market'. I have seen news about Bitcoin in the news might be making some investors not invest their fiat yet. It will happen just we dont know when that will be.
Hedge fund Pantera Capital thinks that Bitcoin is already in its 'next bull market cycle'. https://cointelegraph.com/news/bitcoin-is-already-in-its-next-bull-market-cycle-pantera-capital
Unfortunately this week the price was corrected again by more than 7%, at the beginning of February I was sure that the price of $ 25k would be reached before the 10th, and it turned out that my prediction was wrong, in fact the price is now only around $ 21k, hopefully the market will rise again like in January and when the market is red like now the best thing is to buy, don't panic sell because it will make us regret it.
I doubt that the market will improve and will bring bitcoin to increase again at the beginning of February, it seems that the beginning of the month is a temporary increase and will not last long. the price continues to move down, currently the price is in the range of $ 21K and if the downward trend continues to occur, a return to the initial January price can occur. but on the contrary if it can survive, of course what you said that could increase like in January could happen.I agree with you, at a time like this don't panic sell and this is something that often happens and can happen any time, it's better to keep buying and saving.
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