Topic: Could this be a trap? - page 4. (Read 776 times)
The fact that the market is about to go up and the price will go up again, the bear trap here is because we are skeptical and really confused with our knowledge and experience. I see many people like to play the brave game against the general trend, as well as being too caught up in the direction of news and events, each of us has different analysis and goals. about this market. I'm not too concerned if the price drops further in the near future, although I hear a lot about BTC price returning to the $15k mark, I'm not too fixated on such milestones. The direction and movements reflect for me to decide to invest more or less in the short term, but the vision for the next few years will be the same when I believe that I will see BTC reach a new ATH.
Is of no doubt the market has already turned green and ETH surpasses 1.9k, though I was having this feeling to enter the market now that we have full confidence that we are no longer going dip. But I am a bit confused if this could be a bear trap, what do you think of the market is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.
My recommendation is that you do not worry as much about the short term variations on the price of bitcoin, you had weeks to buy bitcoin for sub 30k prices and for some reason or another you decided against it, probably because you were afraid of the price going down even further.And now that the market has recovered you are worried about a dip appearing again, let me tell you that at some point you need to take the risk and buy bitcoin, since no one can tell you with absolute certainty when the price will go down again.
this is crypto market which is not easy to predict,
when we don't make a decision and see the price of Bitcoin going up then we will regret it.
Is of no doubt the market has already turned green and ETH surpasses 1.9k, though I was having this feeling to enter the market now that we have full confidence that we are no longer going dip. But I am a bit confused if this could be a bear trap, what do you think of the market is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.
Doubting it also needs to be looked at, but I would say that our investment comes from each behavior evaluating different conclusions, but outside or surrounding opinions should only be viewed at the level of reference. for the final decision, and here I want to ask what OP will do next. I myself have been accumulating BTC since late 2022 so I can also see some of the moods people are having as I have been through them too, but it's fairer if I'm not a player shortterm and have a broader view of development and price such as BTC's target over $100000 in the future, everything is now a big opportunity. Regardless, being dominated by the news is hard to avoid in various financial sectors, but it's also important to look back on whether we let it rule us or we want to play the game where we decide. Is of no doubt the market has already turned green and ETH surpasses 1.9k, though I was having this feeling to enter the market now that we have full confidence that we are no longer going dip. But I am a bit confused if this could be a bear trap, what do you think of the market is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.
My recommendation is that you do not worry as much about the short term variations on the price of bitcoin, you had weeks to buy bitcoin for sub 30k prices and for some reason or another you decided against it, probably because you were afraid of the price going down even further.And now that the market has recovered you are worried about a dip appearing again, let me tell you that at some point you need to take the risk and buy bitcoin, since no one can tell you with absolute certainty when the price will go down again.
I don't see this as a bear trap reason been that a lot of bad news has been thrown at the space and for its to just ignore them and pump higher is a positive move, also with the news of ETFs being files by some of the heavy weight in the financial space shows that any dip now will be bought very fast. Except for any bad incidence like the Covid 19 news I don't see the market crashing for now, possibly sideways movement for some month before the price start moving forward. The future is very bright for Crypto going forward if we play the game well
is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.
No one can ACCURATELY tell you what's going to happen next in the market. Whatever anyone says is based on speculation. This industry is speculative in nature and all its activities are so based. However, that's not to say that projections made aren't going to be true. It could go past the prices or not get there. One thing that's certain to happen is that price will be on the upward trajectory because of the expected Bitcoin halving in 2024. We've seen price rally into bull every pre–halving year, and then post–halving year. I don't think there will be any exception this year and next year too. On a side note, last week on social media I saw a $10,000 price projection for ETH in the next bull run made by one crypto analyst. Probably the market's "FU" response to the lawsuits and delisting of the so-called "utilities".
[....] is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.
Nobody and if someone says they can accurately predict the market then they are most likely scams. Any self-respecting Technical or Fundamental Analyst would always give you a disclaimer. Someone will get it right obviously but a lot of times they get it wrong.lemme accept the truth, technically it's hard for the market to be that predicted or even give out an accurate results. Although what I noticed mostly is that people always speculate about the outcome which they aren't sure if it would results to what they said, meaning whatever thing any one says here is based on precision and probability.
Precision I mean is either getting close to what they predicted and speculated but doesn't really gives the exacts result which they wanted.
Probably the market's "FU" response to the lawsuits and delisting of the so-called "utilities".
[....] is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.
Nobody and if someone says they can accurately predict the market then they are most likely scams. Any self-respecting Technical or Fundamental Analyst would always give you a disclaimer. Someone will get it right obviously but a lot of times they get it wrong.lemme accept the truth, technically it's hard for the market to be that predicted or even give out an accurate results. Although what I noticed mostly is that people always speculate about the outcome which they aren't sure if it would results to what they said, meaning whatever thing any one says here is based on precision and probability.
Precision I mean is either getting close to what they predicted and speculated but doesn't really gives the exacts result which they wanted.
No traps for now. The bullish season should be in view in coming months. There's signs to look out for and am sure it's what you are already seeing thats making you sceptical about the bullish season.
I advice if the funds is available, please buy, don't wait for market analysis or speculation to divert your mind.
If there are negative indications, buying won't stop you from taking good measure to ensure you do not loose out, because you could use cold wallet to keep your coins safe.
Is of no doubt the market has already turned green and ETH surpasses 1.9k, though I was having this feeling to enter the market now that we have full confidence that we are no longer going dip. But I am a bit confused if this could be a bear trap, what do you think of the market is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.
No body can say what is going to happening on the Cryptocurrencies market. The current condition of the market is much better than it was a few days ago but one should be aware that it is a bull trap. I think what needs to be done in this situation is to go and invest for the long term and since bitcoin halving is not far away I think if you invest in some top notch coins for the long term then you don't have to fear the bearish. And now I think no matter how much the price goes up or down it won't take long to go into a bull run. So if you wanna invest now I will suggest to you choose the top coins and hold for long runIt's been a week since the price of Bitcoin has risen by 15%, if you say this is a trap, of course not,
because it's been a few days since the price of Bitcoin has been above $30k, so I believe it's time for Bitcoin to be bullish again.
Probably the market's "FU" response to the lawsuits and delisting of the so-called "utilities".
[....] is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.
Nobody and if someone says they can accurately predict the market then they are most likely scams. Any self-respecting Technical or Fundamental Analyst would always give you a disclaimer. Someone will get it right obviously but a lot of times they get it wrong.lemme accept the truth, technically it's hard for the market to be that predicted or even give out an accurate results. Although what I noticed mostly is that people always speculate about the outcome which they aren't sure if it would results to what they said, meaning whatever thing any one says here is based on precision and probability.
Precision I mean is either getting close to what they predicted and speculated but doesn't really gives the exacts result which they wanted.
Is of no doubt the market has already turned green and ETH surpasses 1.9k, though I was having this feeling to enter the market now that we have full confidence that we are no longer going dip. But I am a bit confused if this could be a bear trap, what do you think of the market is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.
No body can say what is going to happening on the Cryptocurrencies market. The current condition of the market is much better than it was a few days ago but one should be aware that it is a bull trap. I think what needs to be done in this situation is to go and invest for the long term and since bitcoin halving is not far away I think if you invest in some top notch coins for the long term then you don't have to fear the bearish. And now I think no matter how much the price goes up or down it won't take long to go into a bull run. So if you wanna invest now I will suggest to you choose the top coins and hold for long run
Why are you thinking of entering now?
You're too late to even get a bargain, when the price is already rising and bullish like now you're thinking of entering. You may have the FOMO effect, when the hyep is happening you want to enter. Please pay attention to the market first, whether this is the right time or not. people have started to enjoy their profits when bitcoin reaches $30k, but you still want to buy at the peak. Every rise must have a fall, are you ready for a correction market? then you need to wait for it first.
You're too late to even get a bargain, when the price is already rising and bullish like now you're thinking of entering. You may have the FOMO effect, when the hyep is happening you want to enter. Please pay attention to the market first, whether this is the right time or not. people have started to enjoy their profits when bitcoin reaches $30k, but you still want to buy at the peak. Every rise must have a fall, are you ready for a correction market? then you need to wait for it first.
Bitcoin reached $ 31k today, of course this is a very bullish movement but we don't know how the market will react after this,
judging by the movement Bitcoin is indeed very bullish because it has broken from $ 30k and most likely it will continue,
but anything can happen in the market crypto, bull trap is one of them, so be careful.
Is of no doubt the market has already turned green and ETH surpasses 1.9k, though I was having this feeling to enter the market now that we have full confidence that we are no longer going dip. But I am a bit confused if this could be a bear trap, what do you think of the market is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.
No body can say what is going to happening on the Cryptocurrencies market. The current condition of the market is much better than it was a few days ago but one should be aware that it is a bull trap. I think what needs to be done in this situation is to go and invest for the long term and since bitcoin halving is not far away I think if you invest in some top notch coins for the long term then you don't have to fear the bearish. And now I think no matter how much the price goes up or down it won't take long to go into a bull run. So if you wanna invest now I will suggest to you choose the top coins and hold for long run 
If you have already achieve of your target just take it your profit but if you wanna hold of your coin without cares about price just relax for wait and see. At least we see the market are going positive vibes due to Blackrock was joining crypto and request to SEC for Bitcoin ETF and many big company and country has been interest with crypto. Anyways i'm believe bullrun will come, don't cares about trap or anything else that make you confused
Would be hard to determine for ssure. Dumps occur without any warning and so do pumps. Well, an investor can utilize news regarding this industry as one of the indicators but most of the price movements occur outside the courtesy. If it is just a hunch, I would go with bear market but if it is chart based, then it is more of a bullish one. Other than predicting the next movement, there's also this thing as riding the tide. Well ofcourse profit won't be as big in comparison with entries pointing out another point. But I'd more advise waiting for a more obvious trend line to lessen the risk of losing even if it would be into small profit.
Is of no doubt the market has already turned green and ETH surpasses 1.9k, though I was having this feeling to enter the market now that we have full confidence that we are no longer going dip. But I am a bit confused if this could be a bear trap, what do you think of the market is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.
If you want to enter then enter when you see the trend is on red then only you can make profits if it turns green and don't bother about short term movements it's all unexpected so if you feel the ethereum will grow in the bull market then go for it and just keep holding till next ATH.No one can predict future and don't take risk with your money due to some random person on an online forum said.
That's why we should not plan for a single entry point. We could use any popular method to determine the entry points mostly at the dip of every cycle. And it surely was a better time to enter when the price was around 20K.
For current scenario, the price is trying to stick above 30K but as there are no sudden momentum, And I have a feeling it would eventually come down at least around 28K before trying to make a new peak.-snip
For current scenario, the price is trying to stick above 30K but as there are no sudden momentum, And I have a feeling it would eventually come down at least around 28K before trying to make a new peak.-snip
I have an analysis that is almost similar to yours. IMO, BTC is trying to stay at $30K, to continue the trend and retest to $32K, if at this point there is no breakout, then BTC is likely to make a correction in the area of $ 27K-29K. Meanwhile, according to the OP, whether this is a bull trap or a bearish trap, I think for now it is the momentum of BTC journey before being bullish and going to break last ATH (if the pattern history repeated). This is only an analisys and not a guarantee (DYOR/DWYOR/NFA). However, I think the next dip is in the $25K area, if there is FUD having a significant impact.
You shouldn't look ETH price because ETH is always follow BTC after ETH lose it's dominance during altcoins season on 2017-2018. As we know halving event will happen on the next year and anyone predict the BTC will break it's ATH on 2025, so there's a chance this could be a bear trap. But if you're long term holder, I don't think you shouldn't need to worry because if you keep hold until the next 2 years, you will make profit.
Is of no doubt the market has already turned green and ETH surpasses 1.9k, though I was having this feeling to enter the market now that we have full confidence that we are no longer going dip. But I am a bit confused if this could be a bear trap, what do you think of the market is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.
This is cryptocurrency it is meant for up and down movement there is no confident within the market, you only take profits if you think what you holds currently has generated enough profits for you than putting trust in the market or probably due to the Green on ground you think it would never turned to red is something you are getting confused on because the entire cryptocurrency completes it circle by up and down movements, there is no stable market. Hence I am not too sure we wouldn't be experiencing any more dip but normally we are suppose to witness some little pull back on the market, that is to say, market could likely drop back $26k before we may finally touched $35k and above.
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