Its a bull trap now | Bitcointalksearch.org

kramchers

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Quote from: udayantha11 on March 04, 2021, 05:33:41 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, 11:52:37 AM

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.

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Quote from: fahmimajannat on March 14, 2021, 12:59:53 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

.

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, 11:52:37 AM

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.

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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, 11:52:37 AM

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, 01:06:43 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.

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Quote from: TelolettOm on March 12, 2021, 12:54:47 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.

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Quote from: udayantha11 on March 04, 2021, 05:33:41 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.

Ziskinberg

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Quote from: TelolettOm on March 12, 2021, 12:54:47 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.

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Quote from: Pelana vreo on March 12, 2021, 01:06:43 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.

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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 .

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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, 03:44:11 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, 03:44:11 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

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Quote from: republicrypto on March 11, 2021, 03:44:11 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.

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Keep it Simple guys :)

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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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.

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Quote from: BaeSuzy on March 09, 2021, 11:07:10 PM

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.

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Quote from: tsaroz on March 09, 2021, 07:58:48 AM

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.

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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.

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Quote from: nicecrypto on March 06, 2021, 11:36:49 PM

Quote from: udayantha11 on March 04, 2021, 05:33:41 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.

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.

This is simply yet another sign, as if we needed other signs, of the ridiculous expectations people have out of the markets, it is obvious that it is impossible for even the strongest bull run to always go up in value, there are going to be retracements and people should just accept this as part of the markets, and yet that is not what we see, as soon as there is a decrease in the price people begin to make all kind of claims about the market crashing or being a bull trap when the opposite is the reality we are facing just a few days after such predictions were made.

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Quote from: udayantha11 on March 04, 2021, 05:33:41 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.

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.

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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.

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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.

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Quote from: bitcon on March 08, 2021, 04:12:14 PM

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.

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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.

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Quote from: bct-user on March 06, 2021, 06:49:38 PM

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. Cheesy

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.

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Quote from: aryana42 on March 08, 2021, 01:10:07 AM

Quote from: Kang TB on March 07, 2021, 06:30:35 PM

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.

We’re slowly coming back to $52k level and I don’t see this one as bull trap but a good recovery and sooner or later, we’ll continue the up trend. For now, we’re on a sideways where we need to break those resistance and stay above the support level. Though it happened in the past, doesn’t mean it will happen again so don’t panic and just keep on monitoring the price trend.

bitcon

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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!

aryana42

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Quote from: Kang TB on March 07, 2021, 06:30:35 PM

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.

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Quote from: udayantha11 on March 04, 2021, 05:33:41 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.

Why not tell that to your Bounty project team and members? temporary bull is a stupid thing here now lol.

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 .

jaberwock

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Quote from: udayantha11 on March 04, 2021, 05:33:41 AM

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.

I do not think that it was similar, people keep mistaking that period and this period a lot but the reality is that we are much much longer right now and we have different situations. To explain it more clearly, during 2017 we have reached to that 3k level thanks to bitcoin cash announcing they will be giving everyone free BCH if they are holding bitcoin, so during July or so everyone bought bitcoin and price reached to 3k and that was one increase, after that all the way to November nothing happened and in November to December we reached to 20k, and that was it.

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.

nicecrypto

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Quote from: Mpamaegbu on March 07, 2021, 01:14:08 AM

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.

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Quote from: JeffBrad12 on March 07, 2021, 06:59:32 PM

Quote from: Rohtox on March 07, 2021, 01:33:47 AM

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.

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Quote from: Rohtox on March 07, 2021, 01:33:47 AM

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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Quote from: bct-user on March 06, 2021, 06:49:38 PM

Yeah, I can fee it. Many experts still believe that the bullish to continue till the end of this year. But unfortunately, 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. Cheesy

I don't see this to be a trap. If this is a trap, we could've experienced some panic wave being circulated around. Till date the market discussion is going on, and there is nothing negative associated with bitcoin. So, I find the growth to be truly bullish and not a trap. In every market there will be traps, and with bitcoin too it happens. For now the growth is real and Whales doesn't have big role in it.

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Quote from: udayantha11 on March 04, 2021, 05:33:41 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.

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

sana54210

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Quote from: udayantha11 on March 04, 2021, 05:33:41 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.

Why do people fear the increased prices, why do people think that whenever price is high it means that it has to drop? The fact is that the price doesn't need to drop at all, well surely it will drop one day but it doesn't need to drop right now and it doesn't need to drop 80% neither, it is something that we can actually prevent with all these new cash injections into crypto right now.

This is why I think it is obvious that we are not going to end up with any big drops and I feel like anyone who is afraid of a trap is just a person who declines the fact that people made a profit from holding bitcoin and they are jealous of those people who made this much money and they are creating possibilities out of nothing just to tell people that eventually they will lose money, otherwise there is really nothing that would be so radical about an increase.

dogtana

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It is not bull trap nor is bull over. In this cycle BTC will go to 100k.

meldrio1

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Well yep it is really risky now to invest with high prices of cryptocurrencies because anytime the bear market will happen and you see almost all cryptos were already reached the ATH. For now the market is stabilizing so I don't think the market will continue to increase or will happen the bull market again but if you are brave to take the risk then good luck, buy now and hold until you earn profit.

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I have invested my money a few days ago in some altcoins and I just got a big return. The market is always unpredicted and you can't rely on the dump that happened with bitcoin.
This time the speculators and traders were seeing the fundamental of crypto. When it has big news to be announced and it will be pumped without needed the bitcoin to get the bullish trend again.
This time altcoins are different. More and more utility usages on altcoins.

Rohtox

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Market too early to be bearish, the end of February crypto experienced a correction with more than 20% and pumping slowly at the beginning of March. Bitcoin still hasn't touched the support area, I think BTCD will be dumped in the next few days. Alt season will happen next week maybe March or April.

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This is nothing new that price drop happens, it has also happened in previous years too and knowing bitcoin is volatile up and down will always exists. Only thing if you are a long-term investor this falls should not worry you and also now we have so many big companies waiting to buy bitcoin and due to which price will come back and may continue to have a ATH.

btc-facebook

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Quote from: bct-user on March 06, 2021, 06:49:38 PM

Yeah, I can fee it. Many experts still believe that the bullish to continue till the end of this year. But unfortunately, 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. Cheesy

What is the reason for the bulls now is a trap?
You have to try to look at the big timeframes to see market trends, I see bitcoin bulls in big timeframes are still strong and will continue,
even altcoins have not gone up to the maximum, only a few coins whose prices have gone up, such as BNB, LTC and DOT, the price has gone up very high, while like BCH, BSV and XRP the price has not gone up, this indicates that the market has not reached a bullish peak.

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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.

nicecrypto

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Quote from: udayantha11 on March 04, 2021, 05:33:41 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.

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.

ingiltere

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What if it's a bear trap and this is just a big correction? Now we see that accumulation phase and price looks strong on Bitcoin side. Altcoins are more fragile and volatile as usual but since Bitcoin hold their support over 45k I don't see a problem. Bear market last so long, I don't feel bull market stays only for a few months. We should see another big run until bears take over again. When you check news it's all good, there is no reason to be upset about crypto-currencies generally. If you invest only you can afford to lose you feel more relaxed and give healthy decisions about market.

Silberman

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Quote from: udayantha11 on March 04, 2021, 05:33:41 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.

I disagree, this is a bear trap, the market is still very bullish however it cannot keep going up and producing ATHs every single day as it did at the beginning of the bull run, now it is going to take more time for those ATHs to materialize but they will and anyone that dares to go against the current trend is going to be destroyed, you need to remember that bull runs have the tendency to go higher than what most people think so even if the price of 48k seems high there is still a lot of room to grow.

flagpara

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Quote from: udayantha11 on March 04, 2021, 05:33:41 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.

What I believe is that my experience isn't 100 wrong. Bullrun trap hasn't started yet, Bitcoin could hit another ATH. This is the second correction time after 42k, now from 58k. Between the second quarter, the whole cryptocurrency could take a major correction. Which will be the last opportunity for all investors.

Edsemen

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Quote from: udayantha11 on March 04, 2021, 05:33:41 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.

Always do a series of observations while we don't see another trending market, most importantly let's be smart on every decisions made. Maybe next month is the best timing to expect another ATH, investing your hard earned money should be done correctly. But if we won't see another potential to come, I don't think so we will able to earn sustainable profit.

bct-user

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Yeah, I can fee it. Many experts still believe that the bullish to continue till the end of this year. But unfortunately, 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. Cheesy

Questat

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Quote from: tarable on March 06, 2021, 06:04:55 PM

Quote from: Looper_U on March 05, 2021, 09:06:36 AM

It's a good advice but risk takers will keep taking risks and keep making money, the truth is this bullrun can last longer than many prepared for, we've seen some corrections and also even more adoption on btc, I sense this is just the beginning, this bullrun might be the longest one yet

Yes, those who are still willing to make risks will continue to benefit based on what they have seen and felt in the current bullrun, I am also very confident that this bullrun is still ongoing and will last a very long time from the bullrun in many years previous.

If you have been in the market for so long, trying not to complain about the dump and pump events, you are one of those risk-takers that has been existed. Many had tried to enter crypto but once they suffered losses, they quit.

Well, for now, I can't tell when the Bullrun will end but for sure this will never be forever. if the price will be bouncing back below $20k, that be fine and I know, it will easily recover coz people will start to buy back again pushing the market demand and price to move high again.

A bull trap is just our own thinking because whether we like it or not, dumps and pumps will surely come.

nykka

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I have been thinking for last month that investments are very risky, because we are too long on historical heights and some day bears will come, so market will fall. I recommend all my friends not to play with all money and take some profit from successful investments, because situation can change any time. Nodoby wants bear market, but it`s unfortunately inevitable

tarable

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Quote from: Looper_U on March 05, 2021, 09:06:36 AM

It's a good advice but risk takers will keep taking risks and keep making money, the truth is this bullrun can last longer than many prepared for, we've seen some corrections and also even more adoption on btc, I sense this is just the beginning, this bullrun might be the longest one yet

Yes, those who are still willing to make risks will continue to benefit based on what they have seen and felt in the current bullrun, I am also very confident that this bullrun is still ongoing and will last a very long time from the bullrun in many years previous.

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Quote from: udayantha11 on March 04, 2021, 05:33:41 AM

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 should also give yourself a try to buy the coins again at the dip price. The crypto is not even moving somewhere and you can see how altcoin is going so crazy dude. It looks like when the market has a very strong fundamental and it can also change the yearly cycle. Crypto already reached the dip price and bitcoin is not even moving now.
The bearish trend is just temporary and that might be the correct statement.

Wawa2013

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Indeed, we should be careful with the current bull run, but there hasn't been a bearish trend until now. Proving that the influence of institutions is
very strong on price movements in the market, therefore Bitcoin has only made a few minor corrections over the past 4 months. Therefore,
to guard against bull traps, there is nothing wrong if we want to invest in Bitcoin in stages. Don't buy a lot of Bitcoin and altcoins for now,
we have to see the development of the Bitcoin price in March first. If it doesn't drop below $ 40k by the end of March, I'm a optimistic that
the possibility of a Bitcoin bull run until now aren't a bull trap.

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Quote from: kindbtc on March 05, 2021, 09:30:59 AM

Quote from: udayantha11 on March 04, 2021, 05:33:41 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.

I think in past few months market has pumped hard so it is natural for it to cool down and people can take profit or exit so im contented that this slow or accumulation phase that can last for a couple of weeks will prove to be good for the market and it will grow from here and next leap up will be bigger.

I think this is the moment when traders and investors are also feeling a little panicky or worried about the market situation.
just look at BTC experiencing a quick correction but it's back in stabilization again. only BTC has had a fast recovery, unfortunately, many altcoins are getting a big correction too but they are slow to readjust to the market.

Question123

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Bull trap is really happen but now I don't think so because we know the bull run now is real and we are really happy of what the crypto already reached. But for those people who are planning to invest to the crypto will be ready for what is possible to happen to their investment because we do not know what is the future of the bitcoin and altcoins.

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Quote from: udayantha11 on March 04, 2021, 05:33:41 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.

I think in past few months market has pumped hard so it is natural for it to cool down and people can take profit or exit so im contented that this slow or accumulation phase that can last for a couple of weeks will prove to be good for the market and it will grow from here and next leap up will be bigger.

gurunanakji777

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I don't think Bear is powerful than bull now. Currently market makes correction but Yes in the current market scenario we have to wait for some time rather than taking a risk because we do not know what will be the next move of the market because the market is slowly-slowly dropping or we can say consolidating at the moment So we have to wait for next move confirmation then take a decision on that basis.

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Quote from: ?? on ??

Quote from: udayantha11 on March 04, 2021, 05:33:41 AM

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.

I believe that there is no need to compare the indicators of the cryptocurrency market in 2017 with today. The fact is that all processes are now taking place in a completely different way. The current cryptocurrency market looks more stable and attracts large amounts of investment capital, which primarily considers Bitcoin as a valuable asset for profitable long-term investment, and not as a speculative asset. Based on this, I am inclined to believe that the current period is just another correction that arises on the way to even greater results. At least time will tell who is right and who is wrong.

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Winding down.

Quote from: ?? on ??

Quote from: udayantha11 on March 04, 2021, 05:33:41 AM

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.

Not what I see and I don't want to consider the last 2017 bullish end trend gives the same insight to what will happen this year coz it was not the same.
From $52k and it just drops at $48k this time (at posting), that was not a so-called trap and we are still far from entering the bearish season.

If the price of Bitcoin bounces back low at $30k, that was the time we are about to say that bearish season had come to start. But as long as we have at this current position, that was not close to the possibility. I still have to hold by Bitcoin.

Looper_U

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It's a good advice but risk takers will keep taking risks and keep making money, the truth is this bullrun can last longer than many prepared for, we've seen some corrections and also even more adoption on btc, I sense this is just the beginning, this bullrun might be the longest one yet

Golftech

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Quote from: Ziskinberg on March 05, 2021, 07:56:05 AM

Probably the bull run is over and what we are seeing like a bounce back could be a bull trap. It's hard to say though or to conclude as the market is still too volatile, but the moment bitcoin will dump below $40k, I think there will be bigger panic that will happen, and more so it will make bitcoin to dump more.

We can't say that, like what you have said it's tough to conclude that bull was already done,

and what inside the market is an open opportunities to everyone to position whatever they

think the market will go. It's tough since volatility is always here, but unlike what happened

last 2017, the current market now do have the participations of institutional investors, well-known

business owners who knows and understand the value of long term investments. DYOR helps a lot

observe and analyze to avoid making mistkes and lose big stake of your fund.

ethereumhunter

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If we are not trying to trade, we will never know if that is a bull trap or not.

I think I can risk some money to trade to see the situation in the market. I can accept it if I lose that money in trading and I consider that is my lesson to get more experience in analyzing the market.

We already know that since this year, the crypto market becomes volatile and sometimes, it is hard to analyze the movements.

Questat

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I love the way you think that bear months will come in the next few days. Maybe it will but possibly, next few days NEXT year. The market gain for now is not so tricky, not at all, I don't think it was a bull trap either. Because if we consider the factors that hold the market price to sustain for how many days, that is an indication that getting back to $5k as we previously experience seems impossible.

crzy

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After we failed on staying above $50k, I think Bitcoin will still try to break it and we still have the chance go up but if not, then bear is about to begin and the panic sellers will start selling. I have to agree that we already reach the peak, its been a good run aiming for a higher price and I guess its about time to take some rest again and enter into another bear trend, this is normal though.

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Quote from: udayantha11 on March 04, 2021, 05:33:41 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.

I think bearish has happened twice, which is when the price of Bitcoin was corrected,
1. when the price of Bitcoin hit $40k and dropped to $34k;
2. then when the price of Bitcoin increased to $ 58k and dump to $ 45k.
therefore in my opinion there is still a possibility that the price of cryptocurrency will increase even higher (bull run), because the market has been bearish twice (correction), but for now bearish that happened is different from previous years, so in my opinion we don't need to wait for investing in cryptocurrency, because you will lose the opportunity to get profit from investing in cryptocurrency at this time (the price of Bitcoin and some altcoin is down), so this is an opportunity for us to get profit from investing in cryptocurrency before the market rises again (bull run).

Ziskinberg

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Probably the bull run is over and what we are seeing like a bounce back could be a bull trap. It's hard to say though or to conclude as the market is still too volatile, but the moment bitcoin will dump below $40k, I think there will be bigger panic that will happen, and more so it will make bitcoin to dump more.

JohnBitCo

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Quote from: udayantha11 on March 04, 2021, 05:33:41 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 long as bitcoin does not close the day above 52,000$, we are in the bearish zone. The price dips many times to 47-48K but recovers because there is a lot of support too at these level. There is a big resistance as well as big support. We need to watch out which one break first ?

perla

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Quote from: udayantha11 on March 04, 2021, 05:33:41 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.

Some people says that the market were in correction and good for accumulation it is expected a huge increase of price in the next upcoming weeks. Yes I think we should watch what will happened to market first before investing.

hulla

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Quote from: udayantha11 on March 04, 2021, 05:33:41 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.

The Crypto market might be a speculation setting but the current market season is never extra hype though the bearish market should be expected from now till the weekend which was what happened last week what we're seeing now is a replication.

Quote from: udayantha11 on March 04, 2021, 05:33:41 AM

If you have fresh investments , do not invest now. wait for 2-4 weeks lets see.

Invest now is never before it Monday is never a wrong decision than waiting for 2-4 weeks.

Quote from: udayantha11 on March 04, 2021, 05:33:41 AM

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.

Yes, there seems to be no bearish signal because we're in bullish market season and the market usually experience slight market correction instead of the bear.

electronicash

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it's still not breaking the support. its not still bear season. the last time we see the dip, it took almost $42k but right now its still just $46k. we can't consider it dropping below to be considered breaking out the support. we may see another proclamation from elon or saylor how much they've bought with this week's dip and then we can see another spike. the two are the ones making this market alive.

isaac_clarke22

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Quote from: udayantha11 on March 04, 2021, 05:33:41 AM

~

Not just hypes but also from celebrities hypes on where it came from, OP.
I don't hate Elon Musk and in fact I even respect him, but the hype he brought to some coins is quite large that it pumped the price of many coins even DogeCoin if I can recall correctly.
I didn't invest in Doge so I am not sure how it went.

virasisog

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It is nice to have a back-up plan when you are investing. If you are looking long-term enjoy the dip and keep buying, even with the recent correction the price recovers. The recent bull-market had several corrections which is a good opportunity to grab some decent coins. If you will compare the recent bull-market chart, based on the parabolic cycle, we are just about the middle of the bull-market and the alt season is yet to come. Just invest what you can afford and if ever create a back-up plan, set where to cut your losses or just hodl.

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Quote from: Kemarit on March 04, 2021, 09:20:14 PM

^^, January we have 26%, and then February we have 23% dip, give and take.

They are opportunities to buy bitcoin at discounted price and buy up the dips.

Quote

But during those times the market didn't went on a bearish phase, but instead took a rest and then the price started to grow in the next 3 weeks. And I think this is what we are witnessing again, yes, past result doesn't mean it will continue, however, if we treat graph line a friend then we are going to see some similarities that may help us in our trading and being a investor in crypto, IMHO.

The Bitcoin wiki presents the price history of bitcoin and its growth from 2009 to 2021. Visit and see the section for Prices and value history, with the table "Bitcoin value history (comparison to US$)". Despite of rises and falls that are necessary for market, bitcoin price is increasing in 10 years.

Why look at minute, hour, day, week or month candles but don't look at year candles?

https://en.wikipedia.org/wiki/History_of_bitcoin

Kemarit

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^^, January we have 26%, and then February we have 23% dip, give and take.

But during those times the market didn't went on a bearish phase, but instead took a rest and then the price started to grow in the next 3 weeks. And I think this is what we are witnessing again, yes, past result doesn't mean it will continue, however, if we treat graph line a friend then we are going to see some similarities that may help us in our trading and being a investor in crypto, IMHO.

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Quote from: udayantha11 on March 04, 2021, 05:33:41 AM

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.

Since the start of 2021, there are two big corrections with more than 20% of decrease. They are big corrections indeed but they are healthy correction for the on-going bull run. In bull market, corrections are fuel for higher price but if you are waiting for any big correction like 50% or more, hmm you will miss chances to hop on the bull train.

I don't care at which price bitcoin drops to but if it is more than 20% of correction, I am in definitely.

Quote

now pop out some signals. So now bulls are temporary. Please keep your hard earned money for weeks.

Protect your money is good but your statement is not correct. Corrections are temporary but the bull is will keep going, not temporary.

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Quote from: udayantha11 on March 04, 2021, 05:33:41 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.

Nah, I disagree, bitcoin for one has bounce back to $52k already, but it's a big mental barrier that's why the price dip to $48k now. But it doesn't mean that we are in a bearish market, there are still a lot of money flowing into the ecosystem, maybe there is some selling pressure, but that it. Nothing that we can call the the momentum has shift to bearish. The market is very bullish, it's just that obviously, we can't go on parabolic rise, traders do need to sell and take some profits.

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Quote from: udayantha11 on March 04, 2021, 05:33:41 AM

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.

So your research is that because there are no major bear signals popping out for the past few months and you think that it's coming already? Most of the investments in Bitcoin are just coming in from institutions and they are just scratching the surface. The influence of one of the richest man should have enough capacity to make the bullish signal even stronger. Let's see.

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Selling would be a good decision for you. I have doubts myself that we are already entering the bearish trend after all we have been bull for months and you can see this in the weekly and monthly chart that prices are all overbought through the RSI. If OP predicts it right, we're all going to be experiencing it again a long bear market. For someone to have funds I guess he should just sell.

DaMut

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I am still expecting another last round of major bull in the end of the year, based on that my thought is we are going to see another small wave from here on and then a retrace until june which means it is not advisable to buy anything in the next 2 or 3 months unless you are an expert in scalping or day trading.
the market looks pretty exhausted in my opinion, there is no fresh money coming in. that is why we could see top altcoins are bleeding.
usually the sign starts from top altcoins and then goes to the rest.

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Quote from: udayantha11 on March 04, 2021, 05:33:41 AM

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.

I can't say that is true but merely an opinion or speculation and also 2 weeks to 1month frame is not ideal to see whether we are now changing pace from bull to bear. But with the recent volatility, it's good for traders to buy and sell with this kind of market. I've been watching closely what will happened and safe already my funds for a big crash or a big pump.

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Quote from: udayantha11 on March 04, 2021, 05:33:41 AM

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That makes sense dude. As far as i know crypto has not ever faced the correction and it may come soon. This time the price of bitcoin is starting to jump and this could be a dead cat bounce but im not sure if this could be that consider bitcoin is still able breaking the 51k position.
It looks like the price of bitcoin will be very stable at this moment and altcoins will do that too.
The crypto market is starting to search for the best price floor.

memed97

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From all that you have said, I only agree half of it, namely on the point of waiting 2-4 weeks from now if you want to invest, but on the other hand I also see some people who can still reap profits at this time so it is still more suitable to do a little investing at the moment although everyone should always be on the lookout for the bear market which is likely to come in the near future.

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Quote from: udayantha11 on March 04, 2021, 05:33:41 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.

This advice of yours is good for newbies who doesn't know how to trade while the market is so volatile, that's why you need to learn how to do a technical analysis and also how to read the graphs since every movement is important if we want to trade. Most of the traders now are doing good trades on this current market standings so if you will be afraid about the current scenario well provably you will miss the profit these days.

udayantha11

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2023 would most likely be as bearish as 2022

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.

Topic: Its a bull trap now (Read 897 times)