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Topic: Bull or trap?? - page 7. (Read 1050 times)

jr. member
Activity: 475
Merit: 1
February 20, 2019, 02:51:28 AM
#53
I also think that if the price of altcoins get pumping up and investors or traders supporting it and buying it. For me it's a big trap also to dump immediately.
sr. member
Activity: 1512
Merit: 316
February 20, 2019, 02:30:31 AM
#52
I think this i starting of market recovery. And in few coming month we can see good grow. Fidelity going to launch platform for institutional investors in March. Big japanese gian Rakuten going to launch payment app for crypto in march too. With such big news and players market should be growing necessarily

This is the start of the market rise and had it to be trap it would have risen by 1k or so and not just 300$rise . So finally people who had being waiting for some upward movement it has begun and also investors will start making some profits in coming time .
hero member
Activity: 1610
Merit: 508
February 20, 2019, 02:24:23 AM
#51
I think this i starting of market recovery. And in few coming month we can see good grow. Fidelity going to launch platform for institutional investors in March. Big japanese gian Rakuten going to launch payment app for crypto in march too. With such big news and players market should be growing necessarily
member
Activity: 798
Merit: 14
February 20, 2019, 01:10:51 AM
#50
Just some news that are creating some bullish uptrends but in my opinion this is not the start of the bull run and a major correction might appear sooner or later. I think until bitcoin halv we ain't gonna see a full bull run, maybe just some pumpish run like this one.
I share similar view with you until halving takes effect major bull run won't happen but we will keep seeing some rallies from time to time. Let's fast forward to next year after the halving to see what's in there for us.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
February 19, 2019, 11:18:48 PM
#49
There's reasons for this pump (Constantinople pumped ETH, Coinbase releasing BSV pumped BCH) but we're gonna drop eventually so you can count this as a trap.
Yes, I expect this market to dump again because this is just a temporary hype and if something bad happen again with the hardfork of ETH people will panic again. I must say taking profit right now is good, and invest again if there's another bottom. Short trading might be risky, but you can earn a lot from this.
full member
Activity: 490
Merit: 107
February 19, 2019, 10:43:53 PM
#48
There's reasons for this pump (Constantinople pumped ETH, Coinbase releasing BSV pumped BCH) but we're gonna drop eventually so you can count this as a trap.

That's right this is not a trap but rather the day traders took a quick sell after sort of spikes of price. Just consider it as a good start to pump towards bull run and don't miss the chance of buying the glitches of the dip in the market. At least we're in the process of recover of bitcoin so every trader develop self confidence of waiting until good price has been achieved.
member
Activity: 256
Merit: 10
February 19, 2019, 08:06:38 PM
#47
There's reasons for this pump (Constantinople pumped ETH, Coinbase releasing BSV pumped BCH) but we're gonna drop eventually so you can count this as a trap.
full member
Activity: 602
Merit: 118
February 19, 2019, 07:57:12 PM
#46
Just some news that are creating some bullish uptrends but in my opinion this is not the start of the bull run and a major correction might appear sooner or later. I think until bitcoin halv we ain't gonna see a full bull run, maybe just some pumpish run like this one.
it does look like a pump, but we can see that the increase at this time has made the market even more excited.

Although the increase has not been maximal, at least this has a good impact for those who have bought bitcoin a week ago. Now, hundreds of cryptocurrency seems to be trying to move towards better prices, I can only hope that this situation continues until the following weeks,  if it can be like that then we can ensure market conditions will recover soon.
full member
Activity: 2128
Merit: 180
February 19, 2019, 07:56:17 PM
#45
22billion into the market ... in less than 48hours,  Is this a possible bull run?? or just a cat bounce?? What's your take on this??
Maybe only a trap if i look. Because there are no good news yet and sometime it is hard to make bitcoin price move if people not feel good thing will come with bitcoin. Maybe as traders we must know it and keep aware with it.
This is because of the hardfork, its not a trap I think but more on the hype in the market as the ETH development will begin on February 27 if there’s no more delay. Its good that we actually pump after a months of a dump price, let’s wait for some confirmation before making any conclusion.
member
Activity: 238
Merit: 10
February 19, 2019, 07:49:30 PM
#44
There's a middleground between a bull market and a bull trap. We had a good run, we'll maybe squeeze a bit more of it with the good news surrounding ETH. But eventually there's nothing super substantial that could result in 6k bitcoins, $500 ether or $1000 bitcoin cash.
legendary
Activity: 1596
Merit: 1011
February 19, 2019, 06:43:19 PM
#43
Just some news that are creating some bullish uptrends but in my opinion this is not the start of the bull run and a major correction might appear sooner or later. I think until bitcoin halv we ain't gonna see a full bull run, maybe just some pumpish run like this one.
it does look like a pump, but we can see that the increase at this time has made the market even more excited. market conditions that were previously in a bad situation, we now get a positive situation. something like this can be maintained when all of us, bitcoin owners, give confidence in bitcoin. indeed, prices can change, but when we support the development of bitcoin, it is very likely that the price of bitcoin can survive on a positive track.
sr. member
Activity: 1479
Merit: 273
Seabet.io | Crypto-Casino
February 19, 2019, 06:08:37 PM
#42
22billion into the market ... in less than 48hours,  Is this a possible bull run?? or just a cat bounce?? What's your take on this??
Maybe only a trap if i look. Because there are no good news yet and sometime it is hard to make bitcoin price move if people not feel good thing will come with bitcoin. Maybe as traders we must know it and keep aware with it.
sr. member
Activity: 543
Merit: 281
February 19, 2019, 04:38:51 PM
#41
Good question. It's best to wait when prices break $4k, then the next target would be $4.2k. If we get into this situation and there is another break, it could be the beginning of a strong improvement. In fact, next week there will be important things going on, maybe there will be some pronouncement on ETF. I wouldn't be surprised if I suddenly went back to $3.2k and then down to $2.5k. In resume, I think that's difficult to do any analysis in the short term.
sr. member
Activity: 882
Merit: 269
February 19, 2019, 04:23:27 PM
#40
22billion into the market ... in less than 48hours,  Is this a possible bull run?? or just a cat bounce?? What's your take on this??

still think about it.because until now,market still stable and the price seems strong.but i just a bit confused about ETH,the price incrased about 20% since 17 february. did that because about the next constantinople upgrade ?,well i just try to calm,waiting for a week and see what the next happen.
The market has been in downward for long-term and any little recovery is highly appreciated.  I think now should be the time to appreciate the market as I did not expect this current bullish trend no matter how little it was.
hero member
Activity: 1638
Merit: 518
February 19, 2019, 01:45:07 PM
#39
22billion into the market ... in less than 48hours,  Is this a possible bull run?? or just a cat bounce?? What's your take on this??

still think about it.because until now,market still stable and the price seems strong.but i just a bit confused about ETH,the price incrased about 20% since 17 february. did that because about the next constantinople upgrade ?,well i just try to calm,waiting for a week and see what the next happen.
sr. member
Activity: 1988
Merit: 283
February 19, 2019, 08:51:26 AM
#38
22billion into the market ... in less than 48hours,  Is this a possible bull run?? or just a cat bounce?? What's your take on this??
bull is not yet ready mate.  Probably it will make a short progress only because market still made a fluctuation on this moment. But it's a good news actually because this is a big sign that there's still a potential for recovery despite of this very stagnant circumstance.
sr. member
Activity: 728
Merit: 263
February 19, 2019, 08:36:07 AM
#37
22billion into the market ... in less than 48hours,  Is this a possible bull run?? or just a cat bounce?? What's your take on this??
I believe this is not a trap, and the bull market has begun. I have never seen any strong growth like now since mid-2018. In 2019 we will surely see the market go up many times like the present

not a bull run neither a trap.

only small increase in market. total marketcap was 120B now it i 132B. only %10 increase. it is not a big thing. ladt year we saw %50 pumps in one day or 3x or 4x from top 50 coins.

it is only a begining.
member
Activity: 266
Merit: 18
February 19, 2019, 08:20:31 AM
#36
According to me this is only a trap, I don't think the market will grow strongly at the moment, we are still in a depressed period. I predict if we want to see the growth cycle of the market we have to wait until 2019. Trading volume at the moment shows that the market has not really entered the new growth cycle
legendary
Activity: 1904
Merit: 1277
February 19, 2019, 07:39:33 AM
#35
Increased volume is a good sign, but this is nowhere near a bull market yet, it still fits into the downwards trend of the last year. We need much bigger increases. Signs are encouraging, but we can't over-react.
full member
Activity: 2086
Merit: 193
February 19, 2019, 07:32:28 AM
#34
22billion into the market ... in less than 48hours,  Is this a possible bull run?? or just a cat bounce?? What's your take on this??
Let’s not celebrate yet as the market moves like this before and yet it drops again. The good thing is that, we are seeing the market pumping which means it will always bounce back aftet a short or big fall. Take profit for now, or wait for the real bull dun, its your choice so think wisely.
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