No one knows when the bear market will start. Looking at the current situation, it is understood that a lot of investors are coming to the market and they are investing. But looking at the market situation, it is difficult to guess anything now, because now the market can go in any direction. So I don't know how right it would be to expect the bear market in this situation.
There has been no major correction in the market in recent times so it can be expected that the bear market will start now but it is important to see what happens in reality.
Topic: Its a bull trap now - page 2. (Read 897 times)
Of course bear market will appear very soon, but i don't think it will happen in the next few weeks. Maybe your advice is good for the new trader who don't really know about the pattern of market.
If we are seeing from the bullish trend of bitcoin and it might not come soon but there must be a small correction to follow this bullish trend. The bear trend can be determined when bitcoin will be touching another 3rd wave of pump. I think that this will be affected by how good the news has come for bitcoin. The newcomers will have needed a lot of time to learn more about this pattern.
The bull trap is not even coming right now and the bear market will not come soon. More and more good news comes to the crypto and this creates a pump for bitcoin.
It's already been 5 days since the OP and it doesn't look like a bull trap. A bull trap mostly is a sudden spike in price that last for a few days before ultimately crashing. But the prices has gradually increased over the 5 days and it shows that there are enough people and funds to buy for all the people wanting to sell. It doesn't necessarily suggest any price movement but in my experience, such sideways movement doesn't lead to a sudden crash.
Of course it wasn't a bull trap, people who think that they know what is going to happen in the market are always wrong in the end, they could be right one or two times, they could be right few more times, but they will always be wrong overall because market does whatever market wants and not what the charts say. In the end we are in a world where crypto traders will do crazy stuff that you least expect and that is why it is always a bit risky to keep listening to anyone that tells you it will go down, since it is a good long term investment, just buy it and hold it and you will either profit now or later but you will profit.There is also underlying problem of people who care about bitcoin price dropping because they don't have any and they want it to go down so that they can buy and it could go up after they join from lower end, that is another problem the market has with these people.
Of course bear market will appear very soon, but i don't think it will happen in the next few weeks. Maybe your advice is good for the new trader who don't really know about the pattern of market.
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Whether it is the bull trap or not, I am trying my best to profit from using the situations, so I can still follow the market moves and I don't have a problem. After the bitcoin rally, I think the price needs to make a correction for a while, and hopefully, the price can still increase and break more than $60k. If that can happen, that will be our chance to make more profit and we can see bitcoin increase so high than the price now. But if the price goes down after this high price, we need to be careful and prepare the money to buy back for more bitcoin.
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.
You don't expect the market to just continue in a bull run without some form of correction? so now that there is a correction investors should quite the market? Yes caution should be taken when investing but this corrections are part of the circle and I don't personally believe the Bears are fully in the market yet at least not until the 4th quarter of 2021. 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.
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.
Bull and bear market is part of every asset which means if we are in full run then next will be bear run for sure but don't mislead or confuse bull trap vs bear run since both are completely different. As of now the bull market still growing and there is no sign of major breakout so your decision may go wrong completely because nothing is predictable that is why everyone says investments are subjected to market risks. 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.
It's already been 5 days since the OP and it doesn't look like a bull trap. A bull trap mostly is a sudden spike in price that last for a few days before ultimately crashing. But the prices has gradually increased over the 5 days and it shows that there are enough people and funds to buy for all the people wanting to sell. It doesn't necessarily suggest any price movement but in my experience, such sideways movement doesn't lead to a sudden crash.
Market have been sideways for few days now but who can really tell if this is bull trap or bull run still continues, it is impossible to predict where the market will go so i guess the reason why @op warning people to take precaution, even with this sideways market huge profit are being made in some project, even in bear market some project still find the capability to pump in price, it is all about being on the right project.
I think this year will be different from the previous ones. We will see both bullish and bearish trends, with bullish ones prevailing. The price of Bitcoin will go even higher, and after it altcoins will begin to grow.
The bull market is a convenient time for those who have invested and is waiting for its assets to grow. But if you know the rules of the crypto market, and in general of any market, if you correctly set up work for different trends, and not just wait for the arrival of either bulls or bears, then you can make good money.
Many say that this year will be BNB and NFT!
This year is totally different, its not like before that we will wait long to experience bullish market. Now that there are companies who are already involved in the market we will be able to see a much active market unlike before that when one drops all prices will drop too high for long. BNB really get a good amount of new adapters same with they’re price is much actively trade able with its $240price now,indeed a year for BNB. The bull market is a convenient time for those who have invested and is waiting for its assets to grow. But if you know the rules of the crypto market, and in general of any market, if you correctly set up work for different trends, and not just wait for the arrival of either bulls or bears, then you can make good money.
Many say that this year will be BNB and NFT!
you might be right, because have been expecting that also, because the long trend of bull is quite much, so anytime from now will be bear, and people might have lost their minds in bull.
the market is dropping now, many crypto coins seem to decline their prices. I suspect this is a bull trap scheme, so whales want to collect more coins before the big bull run is coming. I hope it is really a bull trap. 
It's a healthy correction caused by the whales were dumping their bitcoin and it's normal. Bitcoin is starting to build the support again and this time bitcoin is almost touching 52k. that's a good comeback by bitcoin dude. It's not even a bulltrap. The market is starting to grow again gradually. The whales are seeking for the profit taken and that creates the correction but we should not feel worried about that,
There are lots of good news came and this is pressuring people to load more and more limited bitcoin before it will be taken by the big companies.
not a bull trap, its a reall bull
i'm sure we will not see the bear in the near time, also you should understand if the market now still in sideway my friend
Yes, my feeling is the same, we will not see bearish in the near future because the market conditions are still very likely to experience growth again this month, and especially for this year too, because the Bitcoin market trend is still looking very good at the moment, which of course will have a good effect on others as well.i'm sure we will not see the bear in the near time, also you should understand if the market now still in sideway my friend
I think this year will be different from the previous ones. We will see both bullish and bearish trends, with bullish ones prevailing. The price of Bitcoin will go even higher, and after it altcoins will begin to grow.
The bull market is a convenient time for those who have invested and is waiting for its assets to grow. But if you know the rules of the crypto market, and in general of any market, if you correctly set up work for different trends, and not just wait for the arrival of either bulls or bears, then you can make good money.
Many say that this year will be BNB and NFT!
The bull market is a convenient time for those who have invested and is waiting for its assets to grow. But if you know the rules of the crypto market, and in general of any market, if you correctly set up work for different trends, and not just wait for the arrival of either bulls or bears, then you can make good money.
Many say that this year will be BNB and NFT!
not a bull trap, its a reall bull
i'm sure we will not see the bear in the near time, also you should understand if the market now still in sideway my friend
Yes, my feeling is the same, we will not see bearish in the near future because the market conditions are still very likely to experience growth again this month, and especially for this year too, because the Bitcoin market trend is still looking very good at the moment, which of course will have a good effect on others as well. i'm sure we will not see the bear in the near time, also you should understand if the market now still in sideway my friend
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.
Why not tell that to your Bounty project team and members? temporary bull is a stupid thing here now lol.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.
and besides the Bull was here since November and now you are calling that a temporary, Common do you really understand what you are saying here>?
and that 2 weeks waiting ? it can be a Huge movement if we miss the investment just because of your advice .
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.
I am completely agree with you. The bull market of 2017 lasted 4-5 months and the bull market of 2020 already completed 4-5 months. I think now the market will slowly go down. So those who are willing to invest anew should think a little more. I think now is the time to collect our profits.Today we have been going up since October, but we also have a lot of big companies buying billions of dollars worth of bitcoin, we never had that before and now we have them on our side, so it is both longer and also the "reason" is much better this time around. This doesn't mean it will not go down, it just means it is not similar.
While I think the Bitcoin market has gone fairly on the rise from late 2020 till now I still think it isn't yet saturated to drop. At least, not at the moment. There's still room for upward movement. The alts season is not yet come until Bitcoin's dominance on the total market cap depreciates. As it is now, Bitcoin can still do more push, even up to $60k from the two different charts — 4hrs TF and Daily.
I very much agree with you, I also believe the next real push upward for Bitcoin now is around $60k within the next few days, it was testing close to $52k earlier today and I believe we will see that $60K coming through soon. I don't think Bitcoin is done yet.
Still clearly Bullish in a bigger scale, trading in between the lines upward.
We are bouncing off the daily CPR "BLUE LINE" in an ascending pattern in the past three days now. If this trend continues, we are gitting to that $60k then we think of the next High.
Market too early to be bearish, the end of February crypto experienced a correction with more than 20%
The dump happened caused by the whale and this time bitcoin already surpassed 50k rate again and i do believe if we will see another bullish trend will come very soon too. The altcoins were massively recovering from the dump. The strong fundamental already created and the support is much stronger than before. If bitcoin can keep 50k position for the long time and it can make bitcoin will able to break 60k soon.
60k should be the next target and altcoins will be following bitcoin's bull run
This is what we call healthy correction, LOL, dumped is just normal, others says that the miners are selling or any whales for that matter. Regardless, bitcoin is still in the bullish mode, we are half way of the projected $100,000 prediction again, and we are still in March.
Definitely, altcoins will also spike in this Bitcoin movement, there might not be correlation, or at least altcoin is moving on it's own direction, however, there is still the influence of Bitcoin to the altcoin market.
Market too early to be bearish, the end of February crypto experienced a correction with more than 20%
The dump happened caused by the whale and this time bitcoin already surpassed 50k rate again and i do believe if we will see another bullish trend will come very soon too. The altcoins were massively recovering from the dump. The strong fundamental already created and the support is much stronger than before. If bitcoin can keep 50k position for the long time and it can make bitcoin will able to break 60k soon.
60k should be the next target and altcoins will be following bitcoin's bull run
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