will we witness year end bullrun or bull trap? - page 3.

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: kentrolla on November 17, 2021, 01:59:41 PM

It's been a while since we have seen any huge price manipulation and bitcoin is fluctuating between 5-10% from few days/weeks and what do you think would be the outcomes? will it be marching towards new milestone of $80K or $100k which has been trending in most of the crypto influencer's channels? I think we have seen this before and bitcoin will surge and probably touch $100k and then whales will start dumping like they did in 2018 in order to buyback at lesser value.

Will we be tricked in to buy at peak or else people have learnt lesson from 2018 dump and act wisely this time?

Right now predicting what the market will do during the short term is proving to be very difficult, right now we are seeing an increase in the price of bitcoin and it is challenging the 60k level, but I do not know if we will reach 100k before the year ends as I think there are a lot of people that are selling as soon as a new ATH is reached as they have not forgotten what happened during 2017.

So I think before we can see the massive bull run we are expecting we will need for this year to end, so investors see that what happened back then is not going to repeat itself and they can invest with confidence in bitcoin knowing it still has a lot of potential for growth during 2022.

BigBos

sr. member

Activity: 2016

Merit: 456

I still strongly believe that the end of this year we will see the price of bitcoin and other crypto pump at a high price. I really believe the current conditions are very different from 2018.
Maybe a lot of people make this year's equation with the end of 2018, however, the reality today is very different. even, when the price dumped, I still strongly believe that the bitcoin price will still be above $40k.
well, maybe the current bitcoin price will not reach the price of $100k this year, but I think, the price of bitcoin reaching $70k still has a pretty big chance. for now, we just need to wait for the bull market.

Oasisman

hero member

Activity: 2716

Merit: 552

Quote from: Yaunfitda on November 25, 2021, 05:36:30 AM

Quote from: ultrloa on November 24, 2021, 05:59:24 AM

Quote from: bitterguy28 on November 23, 2021, 10:27:53 PM

based on the performance of Market this time? and for the whole year? I think Bull will never leave the market till the next Halving.

yes there are some bearish moment but this will keep on climbing back like what had happened several times from january .
there are some hard deep like bellowing 30k recently but look at it, making its comeback and makes even higher.

So no BULL TRAP instead it will keep Bull running .

No bull trap but there are correction which is dangerous for new traders which easily get panic towards the movement happening in the market. But lets still not disclose this possibility since there's still chances that we might go on huge decline. But hopefully this will never happen this year since if we can see these to happen for sure many will be dismay on what happen to the crypto market and might it will affect its growing adoption.

Well new trades can take this as positive, enter when the price is on a correction and just continue to hold. So I don't think this is dangerous for them, although it might take some time before they learn a lot in this market specially if it's on a decline. Fundamentals is still growing strong though, so we should remain bullish up to the end of the year and not think of this as a bull trap.

When we're talking about new traders, I don't think they'll get involved in actively trading during small fluctuations, it might cause a gradual loss of funds. I agree that they might not be in danger especially when they keep in safe and hold it till Bitcoin bounce back and gives a relevant return.

On the other hand, I myself don't see any bulltrap in this current market action.

Yaunfitda

hero member

Activity: 2870

Merit: 594

Quote from: ultrloa on November 24, 2021, 05:59:24 AM

Quote from: bitterguy28 on November 23, 2021, 10:27:53 PM

based on the performance of Market this time? and for the whole year? I think Bull will never leave the market till the next Halving.

yes there are some bearish moment but this will keep on climbing back like what had happened several times from january .
there are some hard deep like bellowing 30k recently but look at it, making its comeback and makes even higher.

So no BULL TRAP instead it will keep Bull running .

No bull trap but there are correction which is dangerous for new traders which easily get panic towards the movement happening in the market. But lets still not disclose this possibility since there's still chances that we might go on huge decline. But hopefully this will never happen this year since if we can see these to happen for sure many will be dismay on what happen to the crypto market and might it will affect its growing adoption.

Well new trades can take this as positive, enter when the price is on a correction and just continue to hold. So I don't think this is dangerous for them, although it might take some time before they learn a lot in this market specially if it's on a decline. Fundamentals is still growing strong though, so we should remain bullish up to the end of the year and not think of this as a bull trap.

Silberman

legendary

Activity: 2534

Merit: 1338

Quote from: davis196 on November 22, 2021, 06:15:17 AM

Quote

will it be marching towards new milestone of $80K or $100k which has been trending in most of the crypto influencer's channels?

Do you really trust crypto influencers,when it comes to analyzing the market and predicting the future prices?
I think that most of what crypto influencers say is just wishful thinking and some "feel-good" bullish talk,that is intended to make the newbies buy crypto.I would never trust any advise coming from the crypto influencers.
Anyway,both outcomes (bull run and bull trap) are pretty much OK to me.I'm not obsessed with the future Bitcoin ATH.It can happen during December,or it can happen by the end of 2022.It doesn't matter if the price will hit 70K,80K or 100K.The profit margins are what matters the most.

I would never trust a word of those influencers when it comes to any field, it is clear those people more than anything want you to get to do what they want and obviously what they recommend is something that is going to benefit them, and since I care about the benefits I can get from the markets for my own sake then this means that from the very beginning our goals are not aligned, and as such there is no point for myself or anyone else to listen to what they have to say.

lixer

hero member

Activity: 2688

Merit: 588

Quote from: ultrloa on November 24, 2021, 05:59:24 AM

No bull trap but there are correction which is dangerous for new traders which easily get panic towards the movement happening in the market. But lets still not disclose this possibility since there's still chances that we might go on huge decline. But hopefully this will never happen this year since if we can see these to happen for sure many will be dismay on what happen to the crypto market and might it will affect its growing adoption.

I would say that's their problem. We all got into crypto at one point or another when the prices were not doing that well, we all had crashes and bottoms and drops, and we survived them all and managed to do well or even if we didn't then there are many of us who would be able to actually stay this long. So, if you are new and you are doing something that you shouldn't and you get in a panic mode and sell all your coins... well that is your own problem and not ours.

This is why I believe that not all of us should be able to defend for those people or not really change the direction of the coins just because of those people or hold their hands and explain to them when we are doing all of this. Just focus on what you can do and forget about others who are doing things the wrong way, there will always be those people and we can't cater this market for them.

ultrloa

legendary

Activity: 2758

Merit: 1228

Quote from: bitterguy28 on November 23, 2021, 10:27:53 PM

based on the performance of Market this time? and for the whole year? I think Bull will never leave the market till the next Halving.

yes there are some bearish moment but this will keep on climbing back like what had happened several times from january .
there are some hard deep like bellowing 30k recently but look at it, making its comeback and makes even higher.

So no BULL TRAP instead it will keep Bull running .

No bull trap but there are correction which is dangerous for new traders which easily get panic towards the movement happening in the market. But lets still not disclose this possibility since there's still chances that we might go on huge decline. But hopefully this will never happen this year since if we can see these to happen for sure many will be dismay on what happen to the crypto market and might it will affect its growing adoption.

bitterguy28

full member

Activity: 2170

Merit: 182

“FRX: Ferocious Alpha”

based on the performance of Market this time? and for the whole year? I think Bull will never leave the market till the next Halving.

yes there are some bearish moment but this will keep on climbing back like what had happened several times from january .
there are some hard deep like bellowing 30k recently but look at it, making its comeback and makes even higher.

So no BULL TRAP instead it will keep Bull running .

TravelMug

hero member

Activity: 2632

Merit: 833

Quote from: ?? on ??

Quote from: DeathAngel on November 23, 2021, 03:57:56 PM

It’s 50/50 at the moment if we have a bullish end to 2021 or if the top is already in & the start of a bear market is near. I honestly think it’s 50/50 at the moment & could go either way, the market is undecided.

There's no assurance but we are hoping for that even if the trend is telling a different since we are still down right now.
We might end the year on a good price even if its not that high but at least we are not on a bear trend hopefully. There is no bull trap to happen, we are on the sideways, we might see that one early next year as we continue to aim for a more higher price.

Well we are still hoping that a bull run will end this year. And one thing that goes with us is that historically, bitcoin rallies before the end of the year so hopefully this will be still the case for this year.

And with that said, there will be no bull trap, what we are going to see is a bull run that might top at around $80k. Not sure if it can go as high as 6 digits as what the majority is expecting though. it will be x2 of the current price and I'm not sure if this could be achieved in a month, although anything is still open in this market.

el kaka22

legendary

Activity: 3710

Merit: 1170

www.Crypto.Games: Multiple coins, multiple games

Even the namings are basically tricky. I mean why would it have to be a bull trap just because it goes down? I would say it could be a bull run or a bear run and those are the options available to us. Crypto doesn't always work to trick you into doing things, in fact if you could decide on what you want to achieve then you could literally do whatever you want without worrying about what others are doing. This is why I believe that we should always be focusing on what we do and not what others do.

Bull trap is what others trying to trick you into means, and I do not think that every fall is something like that, sometimes it is just good old fashion bear run and that may happen. I believe we will recover, I believe a bull run will come, but if it doesn't then it will not be a bull trap but a bear run which hasn't happened in a while so I get it.

DeathAngel

legendary

Activity: 3304

Merit: 1617

#1 VIP Crypto Casino

It’s 50/50 at the moment if we have a bullish end to 2021 or if the top is already in & the start of a bear market is near. I honestly think it’s 50/50 at the moment & could go either way, the market is undecided.

darkangelosme

full member

Activity: 680

Merit: 103

Quote from: kentrolla on November 17, 2021, 01:59:41 PM

It's been a while since we have seen any huge price manipulation and bitcoin is fluctuating between 5-10% from few days/weeks and what do you think would be the outcomes? will it be marching towards new milestone of $80K or $100k which has been trending in most of the crypto influencer's channels? I think we have seen this before and bitcoin will surge and probably touch $100k and then whales will start dumping like they did in 2018 in order to buyback at lesser value.

Will we be tricked in to buy at peak or else people have learnt lesson from 2018 dump and act wisely this time?

We cannot tell dude if this year will be a bullrun or a bull trap by the whales unless you have a signals from them only one thing we can do is to wait and hope for the Bitcoin to forward, and we must expect the reality if it will go down.

btc78

full member

Activity: 2520

Merit: 214

Eloncoin.org - Mars, here we come!

I don't really care what will happen in the end of this year because I already has taken my profit and invested the amount that i can afford to lose.
from bitcoin to altcoins i am good now.

there are some news about Bear coming and this may count as Bull trap, but there are many news about more increase so what even happens i don't care because i am good.

justdimin

hero member

Activity: 3220

Merit: 678

www.Crypto.Games: Multiple coins, multiple games

Quote from: Obito on November 23, 2021, 05:20:32 AM

Given how the prices aren't going where we want it to this month, I think that it's probably a bull run because December is a pretty notorious month that's always proven that the prices will always go up at the end of the month.

If you believe that all December months are proven for prices going up by month end, you still call it notorious? Are you basically a bear? Moreover, December month was the starting point of longer bearish trend in last 2 cycles of bitcoin market. Surprisingly this year, December month might be the beginning point of another stronger bullish rally of current cycle. Because, I am expecting sideways movement for all remaining days of this month and bitcoin may start recovering by first week of December month and then it may start showing us new ATHs which may last till mid of 2022. So, this year may end up in bullish as right now bitcoin is into sideways.

Obito

sr. member

Activity: 1274

Merit: 293

Given how the prices aren't going where we want it to this month, I think that it's probably a bull run because December is a pretty notorious month that's always proven that the prices will always go up at the end of the month.

Botnake

hero member

Activity: 2856

Merit: 667

Quote from: doomloop on November 22, 2021, 04:04:28 PM

Quote from: Sled on November 22, 2021, 10:23:27 AM

Well, I just put it aside thinking if this is a trap or really a Bullrun in form. Because of what I see and know about the market, volatility makes things and prices unpredictable. But I see this uptrend motion is not manipulated, I'd say this is not because of the whales, this is because of the increasing market demand since early this year. This 2021 gives us some idea that cryptocurrency will have a fortune. Seeing the market still healthy and remains unstoppable despite the FUDs and banning in some countries will tell us that there is no way to stop this technology.

I do agree with you in the fact that volatility makes it a bit unpredictable, and that is not always a bad thing, sometimes I am quite happy with the fact that we can't really predict what the market will do. There is really nothing that I would rather have in crypto aside from volatility, imagine if we had stability in crypto and how boring it would be.

The fact that we have some huge hypes time to time and everyone gets involved with crypto is actually what makes crypto so pumped at times, and that's caused by volatility. Sure during periods like this when the price falls then I agree that it doesn't make sense for people to join that easily, but when it is skyrocketing then you suddenly see more and more people coming in. This is why volatility is such a great thing in crypto and that unpredictable situation makes it so much more valuable.

With high volatility of bitcoin, there might be chances for bull run or bull trap at the end of this year. But since the market is still bullish even if there is a current price correction that is happening, i might say that we will end this year having a bull run. Although bitcoin and altcoins are experiencing slight drop down of prices, but i know they will always bound to recover again once the correction is over. For now, maybe let's just enjoy what the price correction has brought to the market and buy potential coins that are still affordable for now.

kotajikikox

full member

Activity: 2590

Merit: 228

Quote from: ?? on ??

There’s a big correction on-going with the market if we are able to rise again after this correction the we might be able to see bull trend again before the year end because for sure once we make new ATH, it will continue to go up. There’s no need to panic that much, you just have wait and see the price movement of Bitcoin if its goes cheaper, then buy.

trend is the same . bullying then correcting same pattern over again.

and this is also why this market become more popular because of the risk and the thrill in investing , things that Whales and manipulators take as an advantage as they are keep in moving the market favoring their strategies .

Quote from: Ararbermas on November 22, 2021, 10:51:46 PM

We need more results because we don't know yet if there's a changes next month, but think positive guyd in fact most analyst saying it will not last like what always happen since mid of the year.. So let's keep our fingers crossed it will happen again and suddenly market show strong support before this year end. It's very unpredictable to be honest, just imagine how market really exploded this year. So let's wait for more results and be positive always.

actually Only newbie is falling into those traps , mostly old timer investors knows when to buy nd when to sell.

Ararbermas

sr. member

Activity: 2016

Merit: 283

We need more results because we don't know yet if there's a changes next month, but think positive guyd in fact most analyst saying it will not last like what always happen since mid of the year.. So let's keep our fingers crossed it will happen again and suddenly market show strong support before this year end. It's very unpredictable to be honest, just imagine how market really exploded this year. So let's wait for more results and be positive always.

doomloop

hero member

Activity: 2408

Merit: 584

Quote from: Sled on November 22, 2021, 10:23:27 AM

Well, I just put it aside thinking if this is a trap or really a Bullrun in form. Because of what I see and know about the market, volatility makes things and prices unpredictable. But I see this uptrend motion is not manipulated, I'd say this is not because of the whales, this is because of the increasing market demand since early this year. This 2021 gives us some idea that cryptocurrency will have a fortune. Seeing the market still healthy and remains unstoppable despite the FUDs and banning in some countries will tell us that there is no way to stop this technology.

I do agree with you in the fact that volatility makes it a bit unpredictable, and that is not always a bad thing, sometimes I am quite happy with the fact that we can't really predict what the market will do. There is really nothing that I would rather have in crypto aside from volatility, imagine if we had stability in crypto and how boring it would be.

The fact that we have some huge hypes time to time and everyone gets involved with crypto is actually what makes crypto so pumped at times, and that's caused by volatility. Sure during periods like this when the price falls then I agree that it doesn't make sense for people to join that easily, but when it is skyrocketing then you suddenly see more and more people coming in. This is why volatility is such a great thing in crypto and that unpredictable situation makes it so much more valuable.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: kentrolla on November 17, 2021, 01:59:41 PM

It's been a while since we have seen any huge price manipulation and bitcoin is fluctuating between 5-10% from few days/weeks and what do you think would be the outcomes? will it be marching towards new milestone of $80K or $100k which has been trending in most of the crypto influencer's channels? I think we have seen this before and bitcoin will surge and probably touch $100k and then whales will start dumping like they did in 2018 in order to buyback at lesser value.

Will we be tricked in to buy at peak or else people have learnt lesson from 2018 dump and act wisely this time?

We know that history never repeats itself in the exact same way, so I think it is possible that bitcoin does not skyrocket or crashes during this quarter and instead we will have to wait until next year to find out what will happen to bitcoin, now this would not be in line with what we have seen from bitcoin in the past, however there are many people speculating that due to external factors we are no longer in a 4 year cycle, and bitcoin not moving much during December could be a sign of this to be true.

Topic: will we witness year end bullrun or bull trap? - page 3. (Read 608 times)