Topic: BTC rise described as false bull - page 3. (Read 691 times)

There is always a risk of investing that involves money in the process of carrying out and that's why one must understand before getting involved in any form of investment, although people say if one is willing to take risks, then the chances of success are far greater. At least we often listen to this advice, but in my opinion someone should have the option to analyze these risks, even including bitcoin investments that have proven to be good in the long term or short term.

There is no big worry about the current market reaction, although the possibility of a fake stronghold that makes bitcoin has increased, if you pay attention to the long process that bitcoin has gone through, there are many roles involved when the price starts to recover and gradually increases, this relationship is not can be studied in the form of a reference or four-year cycle relationship is the big name of the gradual recovery process towards more stable prices.

In the economic concept, goods increase as a result of demand and supply, although this cannot be calculated whether or not this occurs in bitcoin, scarcity, choice and decision making usually apply. There is hope for bitcoin this year, before heading to the next ATH.

The role of risk is always involved in every decision that is taken, the next question is how ready is someone to take risks, if bitcoin returns to a severe correction stage or towards a more severe negative trend?
This answer can be answered if one understands the bitcoin cycle.

I wonder why people who always emphasis on such point that Bitcoin have come to stay and the bullish has taken over the market and the bearish also has gone from the market of cryptocurrency. I believe that Bitcoin still have along way to conclude on the price it will take to indicate that it's out of bearish

Certainly not one of the best phrases I've become accustomed to; bull trap feels more elegant and fakeout more snazzy. False bull sounds just a bit like someone trying too hard (even if I'm sure it's a common phrase).

I'm not new to the idea of every rally being called a trap though (and conversely, every pullback a death spiral).

I disagree a bull run can be stopped if we were in a bull run when the ftx scandal happened do you think that investors and whales would have ignored that and continue to pour money into the market? I think they would be more likely to sell because of the panic that it caused. A bull run is not unstoppable and all past bull runs have been stopped. The same for a bear market if a big event happens that is positive it would stop a bear market from progressing.

Ironically the longer a trend goes uninterrupted and untested the more false it might be in its dynamics.  A normal bullish trend continues with strength in its stride despite many wounds and swords stuck in its side thats why its called a bull it has an stoppable strength to its character.   To go only up can become quite suspect.   Right now we are not really at that point, its a very good rise by BTC standards mostly understandable by the amount of time and size movement we fell prior.

Trade is really like gambling now. Bitcoin has been rising suddenly since the beginning of the year. Some coins, like aptos, are also pumping up. After such a prolonged fall, any rise seems strange. But what alarms me is that there is no volume right now during the rise. This could be indicative of a bull trap.

I don't see a correction because when I look at the price, it was still $23k the same with yesterday. Maybe what happened is just a tiny decline. It's not bothering at all but can be good for those who are into short-term trading/investing. If they can utilize even the tiniest dip then they can also pull out some profits.

When someone buys at the dip and then sell when the price rises for profits, I don't consider that as a luck but that happens for a reason. Luck is something unexpected to happen and mostly felt when we are playing a gambling inside a casino. An increase that we felt lately, isn't something that occurs often and that is why many are eager to take advantage of it by selling.

The people who worry about their money thinks and tries to interpret things through various aspects. This is the reason for which they are claiming this rise as a false bullish market. I completely understand their sentiments, but they also need to understand the resistance that Bitcoin is currently facing. We are the ones for which the price of the coin fluctuates, so yes for that reason if we say bullish to the current rise, then definitely we are missing out the bigger profit from this rise. I would rather say not to waste the opportunity and hold till Bitcoins reaches new all time high.

Now Bitcoin is starting to correct again after yesterday it had increased and is approaching the $24K price range, but those who had bought Bitcoin at the $16K price range are still very lucky if they sell now because the Bitcoin price is still above $23K now and this is clearly not a trap or the like. But what is happening now is a normal thing that happens very often in the market every year, except last year where Bitcoin has decreased more than increased.

The actual bull run hasn't happened yet, but I also agree that this is not a trap, it's a normal market movement. Bitcoin can neither fall forever nor rise forever, it is always in motion, and that is what is happening. Regardless if it's a trap or not, but with the price increase, congratulations to those who believed and bought bitcoin for $16k.

Whatever it is, whether it is a fake Bullrun or not, at least we see the price of Bitcoin increasing which I think was satisfying enough that we don't have t lose our faith but rather make it strong. I was expecting this kind of market sentiment after bear season, short pumps can happen. But we never expect that the market had already recovered, we are just about to start and accumulation seems growing which triggers the price surge as well. We will wait until the 2nd quarter, if the momentum keeps on - that can be going to be bullish.

still early to say either this is Bull run or Bull trap mate because we have seen  something like this before but after a strong growth ? yet it dumped and there are many who had been trapped inside .
but of course with this shows of force from Bitcoin supporters now, we can still have big faith that this is a legit bull run.
and also calling this as false bull is an overstatement , because there is no concrete proof that had been showing this claim.

I made a post in Bitcoin might reach $30,000 in the first half of 2023 and $50,000 in the second over here that also concludes that this rise is probably a ploy to attract retail investors before another catastrophe. The logic of that thread is sound in a world without manipulation and high power influence. We aren't in that world however. It would not make sense for a steady increase over the entirety of a year as it would mean a very positive outcome for retail investors. Based on history, it would make more sense to ploy in retail investors over a period of time, destroy their confidence and their games, then explode suddenly over a short period of months until the halving and onward. I am no expert, but it definitely seems more likely than a steady increase. I am looking forward to seeing how things play out and I do hope that the recent decline to $15k was not the last buying opportunity!

Yes let's keep our fingers crossed watching to see which direction and outcome bitcoin will be in the coming week/months before declaring a cycle, must people speculate more lows and fewer highs, but ultimately Bitcoin does not follow any pattern consistently and things change quickly with Bitcoin most especially when the dices for that change and the matric are there to make it happen. But expecting lower could be a little out of proportion since the price has indicated a line pattern that points to bitcoin's total departures from the low zone when Bitcoin crossed the 20k price region before heading to the current $23k+ price at the moment.

Most people will say that the obvious bull run started are those people who missed the train still won't ride, lol.
But, we can't blame them. They have their own perspective and opinion. For me, what happened in the last few months of the year 2022, was very sideways for Bitcoin, and at the start of 2023, we saw a huge move for Bitcoin started to break $20,000, and now Bitcoin is already above $23,000.

Four years if you count from the ATH that Bitcoin has ever achieved, then it is likely that there will be another big increase in price next year. But if you calculate from the previous price decline, it means that there is a possibility for ATH to occur again in 2025 and monitoring prices continuously at this time is the right thing to do, especially for those who want to sell at a higher price than now. And let's hope that before this month is over, Bitcoin can pass the price of $24K.

Bitcoin has found strength again and seen bullish signals earlier this year. If that expression is considered as false bullish is also normal because the whole market has been falling for quite a long time, panic are still there. I think this up move is very promising but it hasn't convinced me yet, so I will wait for more bitcoin price at the end of the month.

So far the 4 year cycle has never changed so keep watching the market in the middle of the year and the end of the year, very volatile price movements this will doubt some investors because they have a different analysis ahead of the 4 year cycle, but for certainty we will wait for the end of year price position and i believe 4 years will happen to reach new ATH price.

One thing almost everyone in the crypto community knew that the bull market would begin in 2024. Bitcoin's 4 year cycle indicates that too. But when the market started to grow in early 2023, most of the crypto community was a bit confused. Is it really a bull run? or may be a little positive sign. But the current market is definitely back to a good position from where it was stay. The current BTC price is now around $23000 and one thing to note is that it is not touching $24000 thousand. Due to which the market is still in a recovery situation. So investment should be done with caution.

Yup I think a lot of people are getting concerned with stuff that they shouldn't get concerned about.  People should just ask themselves how they could trade the recent move and make a little bit of something on the side.  Just trade the move and set up your stop loss.  For all we know BTC could rise up to 30k before going back down again, which could make for a good short on the way down and make a little more something something.