Its a bull trap now | Bitcointalksearch.org

kramchers

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Quote from: udayantha11 on March 04, 2021, 06:33:41 AM

I have gone a small research and grab some points and conclusions.

Now the market is extremely volatile and extra hype. So what ever the hypes now are temporary , bear market sure will come in next days.

If you have fresh investments , do not invest now. wait for 2-4 weeks lets see. November to now almost 4 months came bull market without major bear signals. now pop out some signals. So now bulls are temporary. Please keep your hard earned money for weeks.

give opinion others.

In any form of trading business industry whether it is stock, Forex, or crypto trading, We all know that profit is just always besides us.
Now that we are in cryptocurrency trading, We can generate profit anytime we want, as long as you know how to get or to do it. But I was wondering, why did you said 2-4 weeks? and you cannot tell to anyone not invest it is their freedom to do it as well.

dimonstration

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Quote from: prehisto on March 14, 2021, 12:52:37 PM

I am not that sure that we wil get bear market so soon. If we take a look at the last cycle , ETH was at ATH after BTC had peaked and other coins started to run as well after the BTC run was done, so I think we have few months of altcoin cycle before we head into bear market.

The market is different now, unlike before that whenever there are pump the dump or correction will instantly happen, now it didn't happen fast as we thought it can be since there are institutional companies who are heavily invested in crypto now and we're not sure how they play the game, before there only whales who can manipulate the market now the companies wanted to attract more companies to join so them who started early can benefit more, we may only experience few drops but sure it will not take too low or to long in dropping. We just need to be careful in what coin to buy and be updated as always.

JooBra

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Quote from: fahmimajannat on March 14, 2021, 01:59:53 PM

I think also.
Some people are really playing a big role to hold the bear market.
I think market will crash soon. Its better to wait and observe the market. Whom are buying coins at a really high prices will surely face loss.
Some coins are increasing 10x. Many people are also buying at this price.
Btc price will reduce highly for sure in next few month.
New emotional traders will face loss

I don't think bear market will come so soon. We need to watch the bigger picture in here. With stimulus money we can expect to see a rise more in prices and also global situation in not so good. I mean economy and printing more money it's making smart people move their money to crypto like a way of investment. I think we can see more grow altcoins have still a lot potentional to grow.

7788bitcoin

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Bitcoin has crossed 60K and will continue to grow in coming days but the bears will keep calling it a bear trap. When bitcoin went to 58K and retraced down, such people again said it was bull trap. Believe me this is not bull trap and people are buying bitcoin to keep them safe for future. People have realized that with lot of fiat money being printed, it will lead to massive inflation and the safe heaven will only be bitcoin.

We can say that bitcoin is a safe heaven when there is an economic crisis as i am not comfortable or confident enough to invest at this price, i do have one question to you, do you have the confidence and hedge your life savings in bitcoin at this price if you think that inflation will consume the market. I did invest in bitcoin when the price was pennies considering the price now and i was confident at that price but not anymore and these institutional investors who are investing heavily now can book their profit whenever they want and we cannot predict when that would be.

In short we cannot assume how the market will react and as long as these huge investments are coming in the market will rally and the moment they book the profit we will have the same conversation regarding bear trap Cheesy

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fahmimajannat

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I think also.
Some people are really playing a big role to hold the bear market.
I think market will crash soon. Its better to wait and observe the market. Whom are buying coins at a really high prices will surely face loss.
Some coins are increasing 10x. Many people are also buying at this price.
Btc price will reduce highly for sure in next few month.
New emotional traders will face loss

Review Master

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Quote from: prehisto on March 14, 2021, 12:52:37 PM

I am not that sure that we wil get bear market so soon. If we take a look at the last cycle , ETH was at ATH after BTC had peaked and other coins started to run as well after the BTC run was done, so I think we have few months of altcoin cycle before we head into bear market.

It's not like that alt season will start when bitcoin stops it bull run, but it's totally depend on the dominance of Bitcoin. Basically, alt season might happen in the upcoming days if bitcoin dominance get under the 200 MA indicator which will be a good sign of massive alt season. So, it can be happen with the current bullish rally of bitcoin if users started to shifted their profits from bitcoin to altcoins, IMO. Maybe bear market will start at the end of this year, whoever knows.

carlisle1

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No one knows what exactly will happened in the nearest future, we are all witnessing the ride and still positively providing good compensations, for sure most of those investors and traders are enjoying and they are not killing the fun, still hodling and keeping their assets and the result bull still commanding the trend, hopefully it will be here for more,.

Quote from: prehisto on March 14, 2021, 12:52:37 PM

I am not that sure that we wil get bear market so soon. If we take a look at the last cycle , ETH was at ATH after BTC had peaked and other coins started to run as well after the BTC run was done, so I think we have few months of altcoin cycle before we head into bear market.

Quote from: Pelana vreo on March 12, 2021, 02:06:43 AM

I keep trading to be able to keep an eye on the market situation and no one knows a bullrun trap is coming.
as long as the crypto market cap is still good, Bitcoin and altcoins will slowly continue to rise and surprise investors that the crypto market is in good shape

It will continue to depend from how all the people around works, they are the controlling factors between bull and bear right? For those who

continue to gained benefits they won't let anything to interfere but to see how high the market will rise.

prehisto

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I am not that sure that we wil get bear market so soon. If we take a look at the last cycle , ETH was at ATH after BTC had peaked and other coins started to run as well after the BTC run was done, so I think we have few months of altcoin cycle before we head into bear market.

JeffBrad12

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Quote from: TelolettOm on March 12, 2021, 01:54:47 AM

https://twitter.com/cz_binance/status/1369647842478882817 A new tweet by Cz says that currently the price still includes Dhip. and in this year the market will be bullish. Are you sure this trend will be strong in the next 1 year? I think the risk to buy now is quite high. yes even though many people say the current price we should start investing. what do you think about this tweet?

What CZ said in his tweet totally makes sense and why? remember there is a lot of potentials for more institutional investors to join in crypto. The massive adoption by retail and merchant is not yet happening and once this happens and that will create another big bullish trend for sure. CZ is a smart guy and he will not create a troll about that. He was saying based on how much potential can be gained by crypto.
The combination between the merchant and institutional investors will create another big bullish trend. There will be no bulltrap.

ven7net

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Quote from: udayantha11 on March 04, 2021, 06:33:41 AM

I have gone a small research and grab some points and conclusions.

Now the market is extremely volatile and extra hype. So what ever the hypes now are temporary , bear market sure will come in next days.

If you have fresh investments , do not invest now. wait for 2-4 weeks lets see. November to now almost 4 months came bull market without major bear signals. now pop out some signals. So now bulls are temporary. Please keep your hard earned money for weeks.

give opinion others.

As far as I know, if you want to invest in cryptocurrency, then you need to do it when the price falls and sell when the price rises. Of course, now the crypto market is growing and at some point we can see a correction. I watched one analyst today and he said that we are almost at the peak of the BTC price. He expects another rise in BTC within two weeks, and after that there will probably be a correction. At the same time, by the end of this year, the market will have another upward spurt. However, the main thing is to fix the profit in time.

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Quote from: TelolettOm on March 12, 2021, 01:54:47 AM

https://twitter.com/cz_binance/status/1369647842478882817 A new tweet by Cz says that currently the price still includes Dhip. and in this year the market will be bullish. Are you sure this trend will be strong in the next 1 year? I think the risk to buy now is quite high. yes even though many people say the current price we should start investing. what do you think about this tweet?

Do we really have to believe on CZ? This guy is always a bullish person, all he would say is bullish because he has a big investment on BNB hence he can always makes a bias statement. Don't ride so hard on the bull run, we know it's happening but at least we know how to handle ourselves, invest wisely.

Vaculin

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Quote from: Pelana vreo on March 12, 2021, 02:06:43 AM

I keep trading to be able to keep an eye on the market situation and no one knows a bullrun trap is coming.
as long as the crypto market cap is still good, Bitcoin and altcoins will slowly continue to rise and surprise investors that the crypto market is in good shape

It's not a surprise that the market is in good shape, we are in bear market for awhile, that's the time where the market was struggling but the struggle is already over, projects with great potential have recovered and some have even reach their new ATH. However, we shouldn't bee to complacent because like what we witnessed in the past, after a bull run, the market will slowly turn bearish to correct the price.

Pelana vreo

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I keep trading to be able to keep an eye on the market situation and no one knows a bullrun trap is coming.
as long as the crypto market cap is still good, Bitcoin and altcoins will slowly continue to rise and surprise investors that the crypto market is in good shape

TelolettOm

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https://twitter.com/cz_binance/status/1369647842478882817 A new tweet by Cz says that currently the price still includes Dhip. and in this year the market will be bullish. Are you sure this trend will be strong in the next 1 year? I think the risk to buy now is quite high. yes even though many people say the current price we should start investing. what do you think about this tweet?

shoreno

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i think that bull trap now already existed and can happen to altcoins only but for btc , i dont think a bull trap is relevant anymore but what is always present in btc are bull run .

because its been a long time and i never see btc to drop below 41k usd but thanks for giving a heads up @op may this posts serve as a warning to all altcoin investors that not all times they can profit in altcoins but they should also watch out for signals/signs before it gets them .

bluebit25

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You are setting your own trap, the market is being driven so strongly for those who invest in this market I think they have their own milestones, I can see bitcoin going up. 66k in the near future, and when that altcoin will suffer a price correction and there will be more people like you who don't have long-term confidence to warn people about bear traps, the current trend is still up and that's it.

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Quote from: republicrypto on March 11, 2021, 04:44:11 PM

no bull trap in this year, i'm sure about that
because the latest down is only a corrections mate, and i believe crypto market will continues the rally
regards

I hope too. But we do not know if there is no bull trap this year as the bull trap can come anytime. I only hope that this year can be a good year for us to take as much profit as possible because the market increase back, and bitcoin price can break $50k, which we are waiting for a long time ago. In the long term, I believe that the crypto market will continue the rally, and we will see many altcoins will increase and give us profit. But if a correction comes to the market, we do not need to panic because that is a correction that can make the price back to the high price.

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Quote from: republicrypto on March 11, 2021, 04:44:11 PM

no bull trap in this year, i'm sure about that
because the latest down is only a corrections mate, and i believe crypto market will continues the rally
regards

People are thinking when crypto faces the downtrend and it could be the end for crypto. They never think if anything can change anytime. Remember about when so many times crypto gives surprise by increasing even higher from time to the time without faced any downtrend. The bulltrap is gone and it will not come back again now as the strong support from the institutional investors. People should realize it will never happen at least for this time
Support from big investors = bullish

Mauser

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Quote from: republicrypto on March 11, 2021, 04:44:11 PM

no bull trap in this year, i'm sure about that
because the latest down is only a corrections mate, and i believe crypto market will continues the rally
regards

Alright, I will take your word for it =)

I am also thinking that is not very likely we are going to see a bull trap this year. At the moment everything looks like we will manage to end the corona pandemic this year, once we reach enough immunisations than the economy should open up again. And once the economy is growing again so should the crypto market.

republicrypto

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no bull trap in this year, i'm sure about that
because the latest down is only a corrections mate, and i believe crypto market will continues the rally
regards

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