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Topic: Bull Run or Bull Trap - page 9. (Read 3431 times)

hero member
Activity: 2688
Merit: 588
January 12, 2020, 10:44:58 AM
#86
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?
Yes, we might expect that we are at the end of the bearish markets but we might not expect the bullish markets to arrive this sooner. Exact entry price for me was $7000 and what I think after that is that the price can continue rising and can even show us the all time high price until now. I already have made profits from the last highest bull markets which occurred in the financial mid year 2017 so i always prepare myself for such bull runs and am always ready.

This year, I am expecting bull runs to occur and after my research I can expect the bull runs to occur in the mid of this year. Surely, we have started seeing the growth from this month itself but what i am expecting this year is a huge price breaking all records.
hero member
Activity: 952
Merit: 513
January 12, 2020, 05:24:24 AM
#85
Even though one day there is a big correction but that does not mean the bear market is back, this year looks very good for the crypto market which is likely to be a bullish trend, but we don't know when it will happen, whether in the second, third, fourth quarter and we just need to be patient and we should prepare everything before you FOMO, because whatever the value is now and the correction that occurs, the price will definitely increase higher than 20k.

Absolutely agreed.

Corrections should be expected and that doesn't mean that the bearish sentiment is back. In fact thet $8k support for BTC has been relatively stable as well as the 0.018 BTC support for ETH, which are both good signs for the market for the upcoming bull market.

I still think that the markets will remain to be quite subdued at least until the end of Chinese New Year, where capital from China will free up quite a bit given the fact that festive celebrations are over.
sr. member
Activity: 658
Merit: 251
January 12, 2020, 04:50:33 AM
#84
Even though one day there is a big correction but that does not mean the bear market is back, this year looks very good for the crypto market which is likely to be a bullish trend, but we don't know when it will happen, whether in the second, third, fourth quarter and we just need to be patient and we should prepare everything before you FOMO, because whatever the value is now and the correction that occurs, the price will definitely increase higher than 20k.

I think the bull run started last year. At the beginning of 2019 the price was $3200. You see what we ended the year at. Just because you don't see 100% a month doesn't mean we're in a bear market. The price has slowly been rising over the last year and I fully expect that to continue throughout 2020. I won't even begin to try and pinpoint a high, simply because I just don't know what it will be. However, I wouldn't say we are in a bear market either.
we have to clear with the definition of bullrun.
Quote
Bull run used in a sentence (via Longman Business Dictionary): The stock market was on a spectacular bull run in which almost any investment paid off.
if it just one or some coin which pump, it doesnt mean bull run
Bull run must be most of coin. so, last year wasnt a bull run
sr. member
Activity: 882
Merit: 268
January 11, 2020, 11:56:46 PM
#83
Even though one day there is a big correction but that does not mean the bear market is back, this year looks very good for the crypto market which is likely to be a bullish trend, but we don't know when it will happen, whether in the second, third, fourth quarter and we just need to be patient and we should prepare everything before you FOMO, because whatever the value is now and the correction that occurs, the price will definitely increase higher than 20k.

I think the bull run started last year. At the beginning of 2019 the price was $3200. You see what we ended the year at. Just because you don't see 100% a month doesn't mean we're in a bear market. The price has slowly been rising over the last year and I fully expect that to continue throughout 2020. I won't even begin to try and pinpoint a high, simply because I just don't know what it will be. However, I wouldn't say we are in a bear market either.

it is difficult to predict prices at q1 / q2, which can be analyzed only to see whether the accumulation has succeeded in forming a new trend or failed. It is likely that BTC prices will not return to early 2019 unless there is very negative pressure. what happened over the past 12 days hasn't received any confirmation because it will still face a correction line, the most important is how the BTC can stay strong building a small rally in the $ 8k area and not being shaken.
hero member
Activity: 1092
Merit: 501
January 11, 2020, 09:38:01 PM
#82
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?
Really difficult to know at this point, we finally got a close above 8000 which is significant and the price of bitcoin reacted immediately to it and it is still going up and it has reached 8300 however when I take a look at the charts it seem we have reached the limit of what the current movement can achieve during the next hours or even days, if this level can be maintained then the bulls may try to attack the 9000 level but if we fail at that the price could easily go back to 7500.

I have the same feeling. Attacking at higher levels can result in a very large fall. Personally, I would prefer the rally to end up with a small correction and the chart went to the side. However, I'm afraid that everyone's mood has improved a lot and unfortunately a lot of people will fall into the bull trap. I hope I'm wrong.
It seems that the market moved as you expected we saw a small correction and now the market is moving sideways, the next days are going to be critical because I am sure that the bears are going to try to do everything that they can to make the price of bitcoin to go below 8000 and if they are successful then this movement will be confirmed as a bull trap, but if the bulls can maintain the price above that level this could be the first sign of a sustained recovery happening during the next months.
legendary
Activity: 1568
Merit: 1041
1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR
January 11, 2020, 09:03:59 PM
#81
Even though one day there is a big correction but that does not mean the bear market is back, this year looks very good for the crypto market which is likely to be a bullish trend, but we don't know when it will happen, whether in the second, third, fourth quarter and we just need to be patient and we should prepare everything before you FOMO, because whatever the value is now and the correction that occurs, the price will definitely increase higher than 20k.

I think the bull run started last year. At the beginning of 2019 the price was $3200. You see what we ended the year at. Just because you don't see 100% a month doesn't mean we're in a bear market. The price has slowly been rising over the last year and I fully expect that to continue throughout 2020. I won't even begin to try and pinpoint a high, simply because I just don't know what it will be. However, I wouldn't say we are in a bear market either.
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
January 11, 2020, 08:57:32 PM
#80
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 guess were moving out of the bear market, good thing that we have this slight recovery after a minor sell offs during the holiday season. I think people are slowly accumulating now for a fear that they could not buy Btc at 4 digit price.
hero member
Activity: 746
Merit: 502
Looking for advertising deal
January 11, 2020, 07:26:23 PM
#79
Even though one day there is a big correction but that does not mean the bear market is back, this year looks very good for the crypto market which is likely to be a bullish trend, but we don't know when it will happen, whether in the second, third, fourth quarter and we just need to be patient and we should prepare everything before you FOMO, because whatever the value is now and the correction that occurs, the price will definitely increase higher than 20k.
I wouldn't be so sure about 20k this year.. we are not even sure if the next cycle started so asking for new tops in a year is a bit much. We had our chance in June '19 but it didn't really go with the flow and we got slowed down before 14k. Patience is the key and i'm afraid we need more of it than we think. Imagine this things take time on their own and here we are on mercy of whales as well. They can easily prolong this for another year if they feel like squeezing retail people who invested money they should have not and are becoming desperate to sell and pay debts or relocate $$ to other parts of their lifes.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
January 11, 2020, 06:41:10 PM
#78
Even though one day there is a big correction but that does not mean the bear market is back, this year looks very good for the crypto market which is likely to be a bullish trend, but we don't know when it will happen, whether in the second, third, fourth quarter and we just need to be patient and we should prepare everything before you FOMO, because whatever the value is now and the correction that occurs, the price will definitely increase higher than 20k.
sr. member
Activity: 1162
Merit: 260
January 11, 2020, 06:11:59 PM
#77
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.
It's not too early to say that but you must see the facts. Remember crypto must search the new bottom floor again as the old bottom floor which was around 6k - 7k has already passed by crypto. it looks like crypto is getting the new bottom floor at 8k. Remember so many countries are also announcing if they are working with the various regulation to the crypto and that means the approval for crypto to enter the countries is near us.
You must consider the fundamental of crypto and how sensitive the crypto market is before you can say if it's too early to say that as there is a lot of factors that already supported it.
that's the fact.
hero member
Activity: 2128
Merit: 520
January 11, 2020, 12:39:38 PM
#76
no one can know for sure
but it looks like we are really close to the bottom
volatility drops, charts look good, positive momentum coming for the next weeks in many altcoins

Many good words emerged at the beginning of this year and you can see that the price of Bitcoin is green and continues to grow slowly to wait for the highest price.
The beginning of the year gives new hopes for investors and traders who are still engaging to this business. Find time to educate yourself and allow
your interest to go deeper with every events that taking place inside the market. Bull run or just another exit attempt who created this small pumped
hard to say but if you are aware and willing to take the risk, all is in your hands.
hero member
Activity: 1484
Merit: 516
January 11, 2020, 12:34:47 PM
#75
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 cannot be sure the bearish market will end, of course, until now we are approaching bullish and of course just waiting for the right time it will happen. and everyone who holds the long term will feel a big profit when the bullish actually occurs after bitcoin is reduced by half. and I think this is not a trap but a scheme to increase its value before half of it happens.
sr. member
Activity: 938
Merit: 256
January 10, 2020, 09:14:34 AM
#74
I think bitcoin does not yet have a bull run, but it's another time for bitcoin to go up, and as we saw before, bitcoin price can increase from the low price to the high price and then back again to the low price. After this, bitcoin will have time to go up again because that is what happens with the bitcoin price. We should use this time to buy more bitcoin because if the price can increase in the next week, we will have a chance to sell bitcoin at a high price again.
Of course there's is no bull run yet, people are just hyping so much in a small and temporary rise, look at the price now, when it pumped to over $8000, we were thinking that $9000 would be next then $10,000. but as usual, the price correct and what we thought of a bull run was just a trap.

The whales are just doing scalping trade nowdays, they're afraid if they hold for a long time they won't have any "game" anymore in the future because when people already thing bitcoin will increase, people must not sell their bitcoins and that will make whales are not gonna make people FOMO which equals no "food" for them
hero member
Activity: 2814
Merit: 576
January 10, 2020, 09:11:57 AM
#73
I think bitcoin does not yet have a bull run, but it's another time for bitcoin to go up, and as we saw before, bitcoin price can increase from the low price to the high price and then back again to the low price. After this, bitcoin will have time to go up again because that is what happens with the bitcoin price. We should use this time to buy more bitcoin because if the price can increase in the next week, we will have a chance to sell bitcoin at a high price again.
Of course there's is no bull run yet, people are just hyping so much in a small and temporary rise, look at the price now, when it pumped to over $8000, we were thinking that $9000 would be next then $10,000. but as usual, the price correct and what we thought of a bull run was just a trap.
sr. member
Activity: 1120
Merit: 255
January 10, 2020, 08:03:05 AM
#72
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?
If you look at Bitcoin or any of the major cryptos that generally follow the market, by this chart I’d say we’re out of bear season by how the charts look. further, I think since bitcoin halvening is so close to happen, I really do think that crypto is on a bull run. However that doesn’t guarantee a fresh bull run. I think it really depends on your timeline. If you are long on crypto you're in for a really good bull run. But if you are just day trading it, most likely you're going to fall into some bull-trap. It's all relative. Overall It is nice to once again feel some positivity in the cryptosphere
full member
Activity: 238
Merit: 104
January 10, 2020, 06:45:49 AM
#71
no one can know for sure
but it looks like we are really close to the bottom
volatility drops, charts look good, positive momentum coming for the next weeks in many altcoins
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
January 10, 2020, 06:30:40 AM
#70
I think bitcoin does not yet have a bull run, but it's another time for bitcoin to go up, and as we saw before, bitcoin price can increase from the low price to the high price and then back again to the low price. After this, bitcoin will have time to go up again because that is what happens with the bitcoin price. We should use this time to buy more bitcoin because if the price can increase in the next week, we will have a chance to sell bitcoin at a high price again.
sr. member
Activity: 1918
Merit: 268
20BET - Premium Casino & Sportsbook
January 10, 2020, 05:32:57 AM
#69
prices have exceeded the threshold above $ 8k it's time to buy it underneath, not sure it will also be under $ 7k it looks like they are holding above $ 7600, I guarantee we will get out of the bear market this year it's just that everything has to go slowly and not too fast kill the damn bear
legendary
Activity: 2758
Merit: 1228
January 10, 2020, 04:59:24 AM
#68
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, it is the time for shorting Bitcoin. Bitcoin got rejected from $ 8,300
the downtrend would continue until an unspecified time  Cheesy
But until it is broken, we have to be carefull. dont lose the train. bcz it would indicate that bull in Bitcoin happen

The bullish trend still intact since halving season is yet coming but I will agree with you about being careful since still we cannot assure the current situation of the market and might we will get trap for the current value since dump still have chances these days. And we need a good monitoring for this so that we will not miss the train since we might gonna experience a  sudden surge just like what happen before the year 2017.
sr. member
Activity: 658
Merit: 251
January 10, 2020, 04:35:52 AM
#67
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, it is the time for shorting Bitcoin. Bitcoin got rejected from $ 8,300
the downtrend would continue until an unspecified time  Cheesy
But until it is broken, we have to be carefull. dont lose the train. bcz it would indicate that bull in Bitcoin happen
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