Topic: The Start of a Bull Season on Bitcoin? Or a Trap? (Read 779 times)

I'm sure this is the start of a bull run market, there are many indications that can make me believe that 2023 can rise and set a new ATH record, we can see the simple thing from the volume of transactions that continues to grow so that Bitcoin can skyrocket again soon.

It's true and true that you said this, instead of worrying, or panicking, it's better to just buy bitcoin if we have extra money there and then just hold it until we actually enter the bull run.

    Because there is no effect on me if a bull trap happens because the important thing is that we have Bitcoin stored in our wallet addresses so that we are ready for anything that happens with bitcoin.

then the price continues to move to the $ 25k range and then falls back to the $ 22k range. I don't think there is any strong factor causing this to happen. The increase in price may be due to speculation that a bullish phase will occur this year or next, with so many people buying and causing prices to rise. and the decline in prices that occurs is also natural because the price of bitcoin is unlikely to continue to move up, especially after experiencing a significant price increase.

i dont think this bear market is over, from my view it will go down more than ATL last year in 15500.
maybe like 9000 is the bottom for the bitcoin this year, if not it will go opposite.
but my prediction its still not over.

I'm sure the current increase is not a trap but it's normal, it's hard to believe if there are people or companies that gambling with billions of dollars for Pump Bitcoin, especially now that there are many staking offers that can provide more definite profits than making traps in the market.

This attitude of investors towards Bitcoin is often occur. It is very difficult to understand how the movement of BTC will be. There is no tension in long-term investing. Side by side a bullish trend will come after a bearish one. Waiting until that time will be the most profitable investment in Bitcoin.

It is always wise to choose bitcoin as an investment asset instead of keeping fiat in your account. Fiat loses value due to inflation, while the volatility of bitcoin prices can help you make profit in the long term. So of course, bitcoin is the best choice regardless of what the current price is.

If you have good cash reserves, then it is safe for you to hold all the bitcoin you invest in the long term. Bullishness is expected in the coming years, so investing now will certainly get you a worth it return with the risk.

Changes in the price of Bitcoin are still possible to occur again in the first quarter of this year even though it doesn't seem to have increased so significantly at the moment, but Bitcoin still has a chance to increase again before the first quarter is over and hopefully the decline and increase that has occurred over the last two months in Bitcoin not a trap from a particular party.

Collecting more at this time for investment is a very wise choice, because besides the price is still very cheap, Bitcoin also still has greater potential for further increases in the market so that everyone is expected not to panic and remain optimistic in collecting Bitcoin and holding it.

until now more than a month after , yet we cannot distinguish if this is a Bull trap or bull run because the price stays at this level and seems like the whole 1st quarter will be something like this.

but if you are asking because you wanted to invest more? then best to accumulate now while the price is hot and cheap.

better never regret this denial in the future mate.

The beginning of the year was advantageous as the price was very high but now the price is going to reduce. The price of bitcoin is not much higher as Compared to the price of bitcoin in January.

There is no good news about bitcoin price and it is quite simple that bitcoin price is closely related with the news about it. We are hoping that bitcoin will goes up for certain time but we don't know that when will it occur. According to the estimation The price of bitcoin will elevated in next year as there will be a halving occurs in the next year, we are not familiar with the exact month.

Value are unknown by all other crypto holders but one can say about the market uncertainty price by keeping eyes on price chart.

Because there are types or classes of gamblers who only gamble to entertain themselves, we may not know that other gamblers are going through something and gambling may be their way to relieve them.

        Because I sometimes think when I want to be alone, I do gambling because I can think clearly and at the same time I also feel fun when I play gambling.

It can be a trap for those who jump on the bandwagon or when the price hits its highest this year which was $24k or $25k because after that, the price declined again. For us who did not buy lately, we also have our definition of trap, and that is when the price dumps a lot ex. below $20k.

Our assumptions for now is it's only just a normal decline and after a few days where are going to resume again on what we have started. Nothing can stop the incoming bull run anymore. In Bitcoin investing, it is important to have to have an extended patience because not all times the market is within our favor. If one is looking for an easy way to get rich then sorry, BTC is not the coin for them.

When there is a correction in the Bitcoin bull run some people say this is a trap, and I think this is a bull run and not a trap, but corrections are normal in the market, we have been at the bottom for a long time and now at least we started this with a small bull run, besides the direction of the move This graph is uncertain, it doesn't always decrease and vice versa it doesn't increase during it, of course there will be a correction and it also depends on demand and supply as well as adoption.


This moment was profitable for both long and short term holders and holders yesterday, even though the two have slight differences and not every user feels it, especially for those who hold it from under $20k, it's a good advantage for them although in the current state it's still giving them an advantage and this is not the same, everyone has expectations in getting results, in big and small terms.



This goes back to the strategy of each of its users, but this is a good step in preparing various plans for dealing with the market, those who choose to continue adding have targets to be achieved, of course we prepare plans for facing the market and the conditions for the future, I think it's not too difficult to face the market going forward, especially having a plan and a backup plan ready.

Holding for a longer time is just the best decision amidst these speculations amongst traders about the increase in bitcoin price being a trap or not, with a long term plan you don't feel bothered or troubled even if the price drops 19k r below, as there's an assurance that within the duration of the long term plan the bull run expected must have taken place.

Nothing is trap. You are just a impatient guy, who don’t want to hold for long, and just want to earn quick and uncertain profits. Rather than backing up Bitcoins, you are just hating and doubting this positive approach. Bitcoins are atleast trying it’s best to break the resistance and come out. In case of investment in Bitcoins, you have to be more careful and use the opportunity wisely. Just don’t complain and buy the coin if you are getting at price below 30k usd. Then hold for 3months and you will see 3x in your profits hopefully.

What is clear is that now is the time to prepare capital again to buy Bitcoin at a slightly lower price than before, because I see a correction in the Bitcoin price still occurring even though the price range is still above $20K. This is also part of preparing to get a better profit when the increase comes back, because buying when the price is still cheap is always the right solution for everyone. Although some people who have bought at the previous price still have to be patient waiting for the next increase in the market.

What's going on is not a trap, this is just a regular bull run after days of continuous bearishness. But you are right, the important thing is that the price has risen and we should enjoy this moment because we have waited so long to see it. Always prepare yourself with backup plans, even if bitcoin drops again or will continue to rise, it will never make it difficult for us.

Can be a trap or not, but I don't it was important because what we wanted is to see the price of Bitcoin rise again. We should stop thinking about but rather remember that the market is so volatile that ups and downs can possibly happen at any time. If someone will sell their Bitcoin that is their decision, we don't need to be affected by those things because a true holder won't feel panic.
Yet, it was not the time also to say we are bullish, too far from being there. We need more pumps in order to be called "bullish", might that happen when the price of Bitcoin surpasses $50k?

I never thought too far about the current price conditions, I just focused on holding at least 3 years from now, many think that the current increase is a trap because the speculators will sell stocks with large quantities to make the price drops below $ 10K, But the thing that makes me optimistic is that the number of users globally continues to increase.

Not sure about going above $20k, but it seems that is just a conservative price for the next bull cycle.

I'm thinking that maybe $30k-$40k might be the minimum price that we can achieved for this year because the block halving is going to happen around May 2024. So if we are in that price level, a good x10 might be experience so that is a huge pump for us and who knows how big the bull run will be. It could be at at a start price of $100k.