Bull Run or Bull Trap - page 3. | Bitcointalksearch.org

olumyd

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Quote from: Omega Weapon on February 15, 2020, 02:31:24 PM

Quote from: btc_angela on February 09, 2020, 07:52:08 PM

Right now? I don't see that we are in a bull trap.

The price is steadily going up everyday, we have seen this kind of phenomena in a bullish cycle. The price gains might be slow though, and others call this a mini bull run. But this could be the start of a big run in the coming months, specially as we approach the bitcoin block halving event in May.

It is clear this is not a bull trap the rise in the price has been sustained and it has been very slow, if the price begins to go down then many people would have obtained great profits out of it and only those that FOMO will lose money, so I do not see how anyone could tell this is a bull trap even if the price went below 6500 which is the previous low, but right now I do not see any possibility of bitcoin going that low ever again in its history.

A bull trap - depending on whose side you're viewing the market from, the past few days are the evidence of subtle market manipulation to get people going in for long positions and risk having their positions liquidated against their will as the BTC market plunged from $10,341.56 USD
$9,874.43 USD heaping a massive 3% loss in just a day. Lots of positions were liquidated and the market makers + exchanges + those who could read the signs (a very minute fraction) took heavy bags home.

Omega Weapon

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Quote from: btc_angela on February 09, 2020, 07:52:08 PM

Right now? I don't see that we are in a bull trap.

The price is steadily going up everyday, we have seen this kind of phenomena in a bullish cycle. The price gains might be slow though, and others call this a mini bull run. But this could be the start of a big run in the coming months, specially as we approach the bitcoin block halving event in May.

It is clear this is not a bull trap the rise in the price has been sustained and it has been very slow, if the price begins to go down then many people would have obtained great profits out of it and only those that FOMO will lose money, so I do not see how anyone could tell this is a bull trap even if the price went below 6500 which is the previous low, but right now I do not see any possibility of bitcoin going that low ever again in its history.

whyrqa

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Quote from: btc_angela on February 09, 2020, 07:52:08 PM

Right now? I don't see that we are in a bull trap.

The price is steadily going up everyday, we have seen this kind of phenomena in a bullish cycle. The price gains might be slow though, and others call this a mini bull run. But this could be the start of a big run in the coming months, specially as we approach the bitcoin block halving event in May.

Indeed, today there are no prerequisites in order to expect the next cryptocurrency market fall. But the news that the US government is going to sell the confiscated Bitcoin for 30 million dollars is beginning to alarm me, and after all, this will immediately hit not only the price of bitcoin, but also all cryptocurrencies. Because of this, any negative news, as well as the actions of practically enemies of the cryptocurrency, can negatively affect the development of the cryptocurrency market.

Shonis

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hope hope for new bull run

btc_angela

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Right now? I don't see that we are in a bull trap.

The price is steadily going up everyday, we have seen this kind of phenomena in a bullish cycle. The price gains might be slow though, and others call this a mini bull run. But this could be the start of a big run in the coming months, specially as we approach the bitcoin block halving event in May.

carlisle1

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We are now enjoying the 5 digits value so which do you think the the answer?
Is this really a bull trap for you?
I am very conscious about the market movement because i dont wanna be trapped again un fake Run,but as of what is happening now?i think i will be on Bull Running part ,as i don’t wanna put negativity in the market situation now.
We are now pushing to the highest we can have before Halving totally took over the place .

olumyd

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Quote from: leetcoiner on February 04, 2020, 12:55:30 PM

The market has been gradually moving upwards for a long time, so I think it's not a bull's trap, it's likely to be a bull run soon.

That's exactly what a trap looks like, lure people in and then WHAM! Remember 2017 bull run, same thing happened. Chart was looking nice - uptrend and all the speculations around Futures, and ETFs. And then the dip that left making scarred. This time, I do hope BTC stays up longer.

leetcoiner

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The market has been gradually moving upwards for a long time, so I think it's not a bull's trap, it's likely to be a bull run soon.

jossiel

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Quote from: Natalim on February 04, 2020, 04:33:45 AM

Quote from: jossiel on February 04, 2020, 03:17:41 AM

There was a time that bitcoin plummeted to $6,000 and those who have bought with that price can retrieve their profit regardless of the corrections right now.

Exactly because that was the dip during those times, well maybe last year it was $3k but from that price bitcoin have pump a lot reaching to $13,000 then it falls back to $6k then pump again to $10,000, then fall back to $7000 by the end of the year.

This year we reach $9000 by the end of January and if people are just playing games with the volatility, they can make profits many times since many times there's an opportunity given to us traders.

I still remember the $3,000 last year and I think it was during this season.

However, it was ended and that confirms that we're good and out of the bear market. But that doesn't make them believe that it's an actual bull run because they want a quicker run which shouldn't be expected. The price now drops again to $9,125.

And expect it under a little of $9,000.

slaman29

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Quote from: Kasabus on February 03, 2020, 06:55:10 PM

Quote from: jossiel on February 03, 2020, 04:37:13 PM

The support however rounds to $8,900 - $9,300.

That's a great support so no wonder we are still staying at $9,000+ now.
It's been quite for awhile, there's a small correction but it wasn't strong enough to bring the price below $9,000 so it's high time to expect a new run.
Bitcion as the halving is approaching might be bullish most of the time and those who believe on the hype are holding in a good price now which they are up already 30-40% when buying at $7k.

Well the analysts have been asking for several days now to stay above 9k and it will almost be a week I guess, so does the extra days of staying above it without moving up mean something good for btc?

I notice also some alts have moved up a few more levels ahead of bitcoin. People will soon be whispering alt season:P

Natalim

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Quote from: jossiel on February 04, 2020, 03:17:41 AM

There was a time that bitcoin plummeted to $6,000 and those who have bought with that price can retrieve their profit regardless of the corrections right now.

Exactly because that was the dip during those times, well maybe last year it was $3k but from that price bitcoin have pump a lot reaching to $13,000 then it falls back to $6k then pump again to $10,000, then fall back to $7000 by the end of the year.

This year we reach $9000 by the end of January and if people are just playing games with the volatility, they can make profits many times since many times there's an opportunity given to us traders.

jossiel

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Quote from: Kasabus on February 03, 2020, 06:55:10 PM

Quote from: jossiel on February 03, 2020, 04:37:13 PM

The support however rounds to $8,900 - $9,300.

That's a great support so no wonder we are still staying at $9,000+ now.
It's been quite for awhile, there's a small correction but it wasn't strong enough to bring the price below $9,000 so it's high time to expect a new run.
Bitcion as the halving is approaching might be bullish most of the time and those who believe on the hype are holding in a good price now which they are up already 30-40% when buying at $7k.

It actually is.

The corrections do usually happen most of the time during the weekends and we're seeing today, as usual, a red indicator on the market which means this is again another good time to buy.

There was a time that bitcoin plummeted to $6,000 and those who have bought with that price can retrieve their profit regardless of the corrections right now.

Psynthax

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Quote from: princecharles on January 29, 2020, 11:29:21 AM

We can't say for sure, what is being experienced in the market, but in my opinion, It's a bull run which is gathering momentum for the flight. The bull run has been long anticipated and its great to have the bull run back. The value of Bitcoin has been increasing steadily and this shows that more people are coming into the fold.

for a few years we have been getting bearish trend and that makes sense if we are getting the bullish trend again, i have expected if we will see the next ATH in the upcoming months.
This will be a long term bullrun. The bitcoin is steadily increasing again and that brings more power to the market to follow it.

Kasabus

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Quote from: jossiel on February 03, 2020, 04:37:13 PM

The support however rounds to $8,900 - $9,300.

That's a great support so no wonder we are still staying at $9,000+ now.
It's been quite for awhile, there's a small correction but it wasn't strong enough to bring the price below $9,000 so it's high time to expect a new run.
Bitcion as the halving is approaching might be bullish most of the time and those who believe on the hype are holding in a good price now which they are up already 30-40% when buying at $7k.

jossiel

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Quote from: MufasaR on January 31, 2020, 11:40:13 AM

We can not remain in the bear market forever, moreover we need a new support and resistance level for the new year. And with all things considered everything is pointing in the direction of crypto being bullish, for example the Chinese new year the bitcoin halving and possibly the dollar losing its value on the forex market.

The Chinese New year didn't really affected the market and it's done already.

I agree that it cannot be bearish all of the time and it cannot be bullish as well. The balancing of the market is always perfect and whenever we think that it's still bearish, actually it's becoming bullish and vice versa. A trap or not, you can ever imagine if we're actually getting out of the actual bear market.

The support however rounds to $8,900 - $9,300.

bison

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Quote from: lienfaye on January 31, 2020, 07:26:57 AM

Quote from: SMOKEU on January 31, 2020, 07:01:39 AM

the market now is starting to be on bullish run.. bitcoin surpasses 9,000usd.. let's wait for more uptrend

The market is really unpredictable, after experiencing an ups and down price for btc last year now it seems the movement of the price will be in uptrend. We dont know how long it will last but it might be an indication for the coming days to expect a much better price that can turn to bull run. Halving is not yet happening but the price of btc is showing growth already, its not right to assume but for now lets enjoy the current status of the market.

it looks like this situation will continue until the end of the year and even early next year. this is related to halving bitcoin and we will see how the market will grow well. but there will be a down graph in certain situations.

MufasaR

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Quote from: olumyd on January 07, 2020, 03:19:50 AM

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?

We can not remain in the bear market forever, moreover we need a new support and resistance level for the new year. And with all things considered everything is pointing in the direction of crypto being bullish, for example the Chinese new year the bitcoin halving and possibly the dollar losing its value on the forex market.

Sanugarid

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Quote from: Pamadar on January 28, 2020, 10:03:05 PM

Quote from: g4r1n1m on January 28, 2020, 08:54:08 PM

watch alessio rastani videos
he talks exactly about that - what levels to watch to confirm if it is a bull market or not
what price should hold - and when to sell
stuff like that
i learned a lot from him

asking in the forum will never give you educational clear answer

It will create confusions if you will relied to each replies to your question but by doing good research and finding the right pattern will give you
good understanding and knowledge that eventually if you continue to keep enhancing will bring out good opportunities to judge situations accordingly.
Decide to whatever extent you understand the market sentiments, it's your money anyway.

We don't actually know what's gonna happen in the near future especially this year. We are all hoping that bull run will happen, who are those people are not hoping that to happen? Of course, we all want that to happen. What can we do as of now? Since we cannot do anything about the prices is that we should still believe and keep on supporting cryptocurrency. We cannot predict what's gonna happen because the prices are not that stable, we know that cryptocurrency is volatile in terms of prices. Cryptocurrency's volatility is passive. We should have hope and keep on holding on that crypto we've bought.

lienfaye

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Quote from: SMOKEU on January 31, 2020, 07:01:39 AM

the market now is starting to be on bullish run.. bitcoin surpasses 9,000usd.. let's wait for more uptrend

The market is really unpredictable, after experiencing an ups and down price for btc last year now it seems the movement of the price will be in uptrend. We dont know how long it will last but it might be an indication for the coming days to expect a much better price that can turn to bull run. Halving is not yet happening but the price of btc is showing growth already, its not right to assume but for now lets enjoy the current status of the market.

dishku

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All TA's in favor of current movement which showing current momentum is really strong so we can keep this ongoing trend could trigger the next bull run. On the other side fundamentals are also helping a lot to grow more while people are looking for safe heaven at the moment so that from my point of view this is just beginning of the new era.

Topic: Bull Run or Bull Trap - page 3. (Read 3404 times)