Not all pump is a Big whales trap but the current price performance in which the price is now stable with the new $10,000 resitance is a real demand now. We should not always expect that Bitcoin market will always create a domino effect on Altcoins but sometimes we should think that Altcoins users are moving in Bitcoin by choice because they believe and trusted it for a very long time.
Bull trap or not usually proven by something like this, this thread created June and now already September and bitcoin price look stable like what you said. But maybe if pump is happen for short time, maybe manipulation is still happen and i think it is not happen yet for now. 
Topic: This is a fake bit coin bull run don't fall for it (Read 1438 times)
Not all pump is a Big whales trap but the current price performance in which the price is now stable with the new $10,000 resitance is a real demand now. We should not always expect that Bitcoin market will always create a domino effect on Altcoins but sometimes we should think that Altcoins users are moving in Bitcoin by choice because they believe and trusted it for a very long time.
I think that growth was associated with a political condition in Asia. Because the growth of altcoins did not exist. Only one bitcoin participated in this rally.
Nope! The condition of the market is not associated with any political parties to make a change in the price of Bitcoin/altcoins.And btw, what do you mean by "Only one bitcoin participated in this rally?"
The market is obviously changing due to the people trading everyday.
It's not totally associated because in the first place bitcoin and crypto in general are decentralized but it politics could somehow affect the price of our crypto assets if the country you are in are not so clear with their stance on crypto, people will also have some doubt holding it as it's possible the government would ban it, so that's a big risk. But... those are just small risk for me as we know bitcoin is accepted in majority of the world and no one can stop us from transacting using our private wallet.
I think that growth was associated with a political condition in Asia. Because the growth of altcoins did not exist. Only one bitcoin participated in this rally.
Nope! The condition of the market is not associated with any political parties to make a change in the price of Bitcoin/altcoins.And btw, what do you mean by "Only one bitcoin participated in this rally?"
The market is obviously changing due to the people trading everyday.
The next bull run will be a real one.$10000 price ? forget it and say hello to the new bitcoin price which is $30000. Accumulate as many bitcoin as you can while preparing for bakkt launch.
You mean a bull run that is more real than this one, or are we talking about a less fake one? Seriously guys, what's the difference in the end?
Organic or forced. Genuine or artificially produced, the fact remains we sell and buy at the price dictated by the market. It makes no difference so why the need to get all academic about it =)
bitcoin need correction to 5000---7000 for example
Does all the world use Bitcoin? for sure no
Bitcoin rose a lot ... and this is not good
High percentage of fraud sites due to currency appreciation
Trust in exchange sites, many of them fraudulent, has not remained
Does all the world use Bitcoin? for sure no
Bitcoin rose a lot ... and this is not good
High percentage of fraud sites due to currency appreciation
Trust in exchange sites, many of them fraudulent, has not remained
The next bull run will be a real one.$10000 price ? forget it and say hello to the new bitcoin price which is $30000. Accumulate as many bitcoin as you can while preparing for bakkt launch.
I think there is no evidence that this is fake Bitcoin Bull Run because there are visible economic reasons behind the bull run. Huge speculations in Bitcoin is one valid and genuine reason for the rise in the market value of the coin. In addition, crypto market cycle is also one reason for the rise in the market value of the coin. This is actually the period after recession and we are on the way to revival.
To be honest, neither is there any evidence of an authentic bull run, just because there are visible economic reasons for a bear market.
You just said the most important point about huge speculations. That is the only valid reason for the rise and fall of the coin. There is a lot of utility for sure, and that results in long term growth. But the spikes and the dips, those are all about speculator action.
Bitcoin is back at 10k but every single alt coin hasn't really gone up
The growth is un organic and fake , maybe by 2 or 3 whales or maybe even a corrupt exchange
The growth is un organic and fake , maybe by 2 or 3 whales or maybe even a corrupt exchange
So if the altcoins are growing as fast as btc,this will make the growth more "organic".Right?I don't think so.
A lot of money moved from the altcoin markets into bitcoin,but that doesn't necessarily make the bitcoin price growth "un organic" or fake.Yeah,the crypto whales are manipulating the prices again,but they are going this for the last 6 years.
Unfortunately, we are still down again, and now, bitcoin price reaches $10,171, and it seems, the price is going to slow to increase, and it stuck in that price. But I still have faith that the price will start the rally again after we reach the bottom of the price and who knows, we will see the price can start in this week.
And it seems, if we take a look at the market, there is a war happens between the buy and the sell order and that makes the price is going to go up and down. In the poloniex, the price sell stops at $10,206, but the buy order is change at $10,164, and I wonder when the price will increase higher.
And it seems, if we take a look at the market, there is a war happens between the buy and the sell order and that makes the price is going to go up and down. In the poloniex, the price sell stops at $10,206, but the buy order is change at $10,164, and I wonder when the price will increase higher.
10k is the optimistic price target for the moment, I really want to see it closing above 10,400 in the next 4hr bar for me to believe its not going to encounter rough seas in short order -
Looks like you almost got what you want, but I guess the damn bears in N America were adamant about ensuring that when Japan/China woke up, they were left with 2 choices. Push on for difficult resistance, or allow the pullback to deepen so they could take down the price back to 4-digit levels... where re-entries are far more profitable.
This took me by surprise tbh, even though I've always felt that all the past few months couldn't possibly be the rally people'd been waiting for. Not quite just yet, my friends.
10k is the optimistic price target for the moment, I really want to see it closing above 10,400 in the next 4hr bar for me to believe its not going to encounter rough seas in short order -
So the best chance the bulls have right now is the 50 moving average, it is around here. 9958 might be the 50 DMA and I also see a bounce is appearing but my advice is to get that 10,400 figure or assume a fair bit of profit taking occurs.
Im not agreeing with OP, fake and all that as its just natural rotation. We went up in a bull run and now its buffalo run, which is where the herd is culled. The trend as I can see it has been lost, if it regains it I'll say so but I believe there is some significance in this negative price action and it will not end positive on average. However theres still some time in the few hours ahead for that to prove wrong, we'll see.
So the best chance the bulls have right now is the 50 moving average, it is around here. 9958 might be the 50 DMA and I also see a bounce is appearing but my advice is to get that 10,400 figure or assume a fair bit of profit taking occurs.
Im not agreeing with OP, fake and all that as its just natural rotation. We went up in a bull run and now its buffalo run, which is where the herd is culled. The trend as I can see it has been lost, if it regains it I'll say so but I believe there is some significance in this negative price action and it will not end positive on average. However theres still some time in the few hours ahead for that to prove wrong, we'll see.
Those that keep faith with the current bullish trend are making money and those that see it as trap are really losing out. Bitcoin has gained over $9000 since the trend began in April and it is price many of us did not believe bitcoin will get there but we have seen that happening. I do fall for the current happening in the market and I am happy I did.
People have already made money from it and those who thought it is not going to rise when it was at 4K levels have lost the opportunity to make money from it . So those who had believed in the bull run have gained the good returns on their investment made in btc .
Just normal market movement. Up and down. Yet, we are in the increasing value of bitcoin. In a matter of months, we will see it reach about $15k. With how many crypto users are onboard already as compared to the past couple of years, no doubt we are heading to much larger adoption.
Those that keep faith with the current bullish trend are making money and those that see it as trap are really losing out. Bitcoin has gained over $9000 since the trend began in April and it is price many of us did not believe bitcoin will get there but we have seen that happening. I do fall for the current happening in the market and I am happy I did.
People have already made money from it and those who thought it is not going to rise when it was at 4K levels have lost the opportunity to make money from it . So those who had believed in the bull run have gained the good returns on their investment made in btc .
Just normal market movement. Up and down. Yet, we are in the increasing value of bitcoin. In a matter of months, we will see it reach about $15k. With how many crypto users are onboard already as compared to the past couple of years, no doubt we are heading to much larger adoption.
Those that keep faith with the current bullish trend are making money and those that see it as trap are really losing out. Bitcoin has gained over $9000 since the trend began in April and it is price many of us did not believe bitcoin will get there but we have seen that happening. I do fall for the current happening in the market and I am happy I did.
People have already made money from it and those who thought it is not going to rise when it was at 4K levels have lost the opportunity to make money from it . So those who had believed in the bull run have gained the good returns on their investment made in btc .
The only reason that we are already in a bull run is that institutional money is flowing in + don't you guys forget, we will have the next block halving next year.
That alone will push the price and make a run because everyone is trying to accumulate more bitcoin prior to the said event and just wait for the massive exponential growth similar to 2017 in 2020-2021.
Nah, you're still a few cards short of a deck there my friend. If institutional money really is in the game, then this bull run (as people are calling it) has got to be one of the most underwhelming ones to credit big money for. And that's even pretending that bug money didn't already come into play as early as 2016.
Halving? That's also got to be priced in long ago.
Got to think about less obvious fundamentals I think. Network. Usage. Security.
winter is coming .... August. Will be bad for bitcoin , bitcoin will fall under 6000usd
beware of this market
They are looking for investors to sell their bitcoin at expensive prices
For me 6000 is not enough price to sell my bitcoin because I have more expectation than this, I will hold my coin as I am sure about its potential and recently we have seen the price down so now there are no more chances for dip, price will surely be higher but it is important to buy only real bitcoin don’t get scammed and be very careful while choosing a coin to invest your money.beware of this market
They are looking for investors to sell their bitcoin at expensive prices
The only reason that we are already in a bull run is that institutional money is flowing in + don't you guys forget, we will have the next block halving next year.
That alone will push the price and make a run because everyone is trying to accumulate more bitcoin prior to the said event and just wait for the massive exponential growth similar to 2017 in 2020-2021.
winter is coming .... August. Will be bad for bitcoin , bitcoin will fall under 6000usd
beware of this market
They are looking for investors to sell their bitcoin at expensive prices
For me 6000 is not enough price to sell my bitcoin because I have more expectation than this, I will hold my coin as I am sure about its potential and recently we have seen the price down so now there are no more chances for dip, price will surely be higher but it is important to buy only real bitcoin don’t get scammed and be very careful while choosing a coin to invest your money.beware of this market
They are looking for investors to sell their bitcoin at expensive prices
Nothing but slow bleeding and dumps since the crash off $13,200. 
This is the first time during this entire correction (since $13,800) the market didn't bounce properly. We dropped $2,200 without a single bounce larger than 38.2%. Previously, 61.8% retraces were common. Did we enter a new bear market or something and nobody told me?
This is the first time during this entire correction (since $13,800) the market didn't bounce properly. We dropped $2,200 without a single bounce larger than 38.2%. Previously, 61.8% retraces were common. Did we enter a new bear market or something and nobody told me?
why do you expect ongoing price increase after a little correction? its also possible to go sideways for some time until we see the next increase. what we actually see does not mean that we are going down again.
Nothing but slow bleeding and dumps since the crash off $13,200.
This is the first time during this entire correction (since $13,800) the market didn't bounce properly. We dropped $2,200 without a single bounce larger than 38.2%. Previously, 61.8% retraces were common. Did we enter a new bear market or something and nobody told me?
This is the first time during this entire correction (since $13,800) the market didn't bounce properly. We dropped $2,200 without a single bounce larger than 38.2%. Previously, 61.8% retraces were common. Did we enter a new bear market or something and nobody told me?
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