Sudden market movements these past few days have been somewhat bullish, I know we've got the whole halving thing in view, but are we really moving out of the bear market? If so can I buy or just short this b*tch. If the latter, what's your call price?
I think not bull trap but for now it will change to bull trend but slowly. Maybe although halving usually make bitcoin price pumped, people will make sure again this halving will bring good trend for bitcoin. Maybe as long i think it is cheap, it is good to buy bitcoin. 
Topic: Bull Run or Bull Trap - page 10. (Read 3404 times)
More like an uptrend, I think. And the last few days we were on a positive track, that's all. Well, we somewhat had a good price for last few days, until it went the other way around, of course. We might see a retest around 7600-7900, though. Before it sets off to 8k, which I don't know quite well when will it happen. Can it continues its uptrend or we'll we see another bear market this year? We could only wait. And we still have a lot of 2020 left.
I think now is not too close to the bull trend. Prices are currently experiencing an increase and I don't think it's purely from the real Cyrpto atmosphere, I assume the non crypto influence is really affecting the market right now, some people think that this is greatly influenced by the increasingly heated world politics which is well utilized by actors world economy. And this is not the original habit of the crypto itself. If you want to start buying something and trade, try it carefully and limit the volume of purchases so that when there is a bearish trend it will not panic and not lose too much
Sudden market movements these past few days have been somewhat bullish, I know we've got the whole halving thing in view, but are we really moving out of the bear market? If so can I buy or just short this b*tch. If the latter, what's your call price?
Not too fast, it was just a trap, the movement was only less than 5 days IIRC, and price now back to its original bearish price. Well, we don't know when it will stay this way but we can't tell if it will run uptrend again, some say it's a small FOMO but it seems not because we fail to break the resistance so we we dump again.
... and we only need to study and take chances to get profit.
When all is said and done, this is perhaps the most important thing to take note of. Taking profits when you can is just what matters, and no matter how small it makes the difference in the long run.
Sudden market movements these past few days have been somewhat bullish, I know we've got the whole halving thing in view, but are we really moving out of the bear market? If so can I buy or just short this b*tch. If the latter, what's your call price?
Well, I don’t think that we are rising from the bottom, in any case, another half a quarter before halving, then we'll see how sudden the bitcoin market will be.Sudden market movements these past few days have been somewhat bullish, I know we've got the whole halving thing in view, but are we really moving out of the bear market? If so can I buy or just short this b*tch. If the latter, what's your call price?
Well, I don’t think that we are rising from the bottom, in any case, another half a quarter before halving, then we'll see how sudden the bitcoin market will be.
why there are still people think the movement of the crypto market is a trap. I don't think how long they were in the crypto market when they saw a pump and the correction was a trap. crypto market as far as I know from the beginning of crypto is like that. the ups and downs have become commonplace and we only need to study and take chances to get profit.
we cant say that the current happening on bitcoin price is already a start of a bull run, for me there is a high chance that its only a bull trap. Bitcoin will only touch 8k then it will drop again.
What you said is true, bitcoin in 1 week touched the highest price of 8300$ and is now at 7900$. Maybe this is still the beginning to say if bitcoin is in a bullrun position because prices are back down within a few hours. 
If the price of Bitcoin is too high and the chart indicates that there is a double or triple top it is better to wait for a correction I guess. maybe some people are really afraid if left behind. But still, be careful because it is unlikely the price will continue to move up. for correction it is very possible, to let alone the increase occurred more than 7% in 1 day.
but if we look at chart, $ 8,000 hasnt broken the resistance. it can't indicate that bull run will happen shortly
at least the resistance broken, then we can consider others aspect.
$8k is not a resistant for bullrun to be consider because remember we have almost touched 14$ last year and what more this year that Bitcoin Mining Halving is coming?i think the resistance must be atleast 5 digits again to be considered as bullrun.at least the resistance broken, then we can consider others aspect.
the near resistance is around $ 8,300 - $ 8,500, I have a hope this pump would break that.
Just hope it can happen very soon.
We are not yet in a bull run, bull run means when the price keeps going up perpetually, and again this is not a bull trap, we are around the bottom for now and can see one or two pull back before we ride the Bitcoin halving sentiment
About what bottom are you talking about? Because in my opinion the bottom was at the level of $3k ..?
Bull run is not only skyrocketing, but simply a prolonged price increase with minor corrections. If you follow the charts from the last two months, then you should agree with me that we can be at the beginning of the bull run.
We are not yet in a bull run, bull run means when the price keeps going up perpetually, and again this is not a bull trap, we are around the bottom for now and can see one or two pull back before we ride the Bitcoin halving sentiment
it looks like this is a bulltrap because prices have gone up too high and bitcoin prices will drop again below 8000
To say it is a bull trap, the price would have to go back to around $7200. This is not happening, so we can't say that yet.
In my opinion, this is not a bull trap, because everything indicates that these are natural price grows caused by the threat of an armed conflict between Iran and the United States.
Sudden market movements these past few days have been somewhat bullish, I know we've got the whole halving thing in view, but are we really moving out of the bear market? If so can I buy or just short this b*tch. If the latter, what's your call price?
It never crossed in my mind that bull trap would happen with the recent pump. I think it's not since it's been two days since the pump started. All of the tension in the US and Iran war is more likely making the market to boost just like this. Although i think it's the right time to sell some if some of them are planning to short in trading then buyback if the price would go under.
The price is moving too fast. I have a feeling that this is just a trap again. The whales might dump on us once this price hits 9K.
There's totally nothing to regret even if the current surge is a bull trap because the market will later recover when halving effect take place.
That is what you actually regret, getting trapped. Nothing worse than getting your money trapped for a few months before breaking even.
It is too early to tell if this is a bull run or bull trap. I am biased that there is a slight change in sentiment and the bullish sentiment will continue throughout the year, especially post halving. Let us do our best to positively drive crypto adoption further.
Bull traps are not this high, normally when there is a bull trap it will eventually stop after a while and price would go down, for example just recently after the high of 8 thousand price went back to $7.5k levels, if it went down a bit more and reached $7k and I was writing here I would have said that run towards upwards was a bull trap and some people bought it.
However, since that drop turned out to be nothing and price is now over 8 thousand after months of being under 8 and even saw under 7 for a little while, it is easy to say it was a bull run and will probably continue by the sentiment of the public right now, everyone is cheering and loving the way it is going up which would eventually turn into many people with FOMO buying bitcoin and increasing the price even more.
However, since that drop turned out to be nothing and price is now over 8 thousand after months of being under 8 and even saw under 7 for a little while, it is easy to say it was a bull run and will probably continue by the sentiment of the public right now, everyone is cheering and loving the way it is going up which would eventually turn into many people with FOMO buying bitcoin and increasing the price even more.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
Sudden market movements these past few days have been somewhat bullish, I know we've got the whole halving thing in view, but are we really moving out of the bear market? If so can I buy or just short this b*tch. If the latter, what's your call price?
why just now you decide that you want to buy, why not when the price drops yesterday. if you buy it now and it turns out it's just a bull trap then you will lose and regret it.if from my point of view this is indeed a bull sign but I think this looks like a trap, I could have guessed wrong. you doubt it, I also doubt it but I already bought a few coins long before the price of bitcoin went up like today so if indeed a bull trap I can still get a profit "take profit no cut loss"
@olumyd, the suddenly bullish is normal but the market will also experience some dump in price until it a couple days before halving before we can experience the real bullish market and now might the last chance to buy it dip.
Sudden market movements these past few days have been somewhat bullish, I know we've got the whole halving thing in view, but are we really moving out of the bear market? If so can I buy or just short this b*tch. If the latter, what's your call price?
why just now you decide that you want to buy, why not when the price drops yesterday. if you buy it now and it turns out it's just a bull trap then you will lose and regret it.if from my point of view this is indeed a bull sign but I think this looks like a trap, I could have guessed wrong. you doubt it, I also doubt it but I already bought a few coins long before the price of bitcoin went up like today so if indeed a bull trap I can still get a profit "take profit no cut loss"
Jump to: