Bitcoin Forum

Hello everyone, dear traders, do you think the market has already turned around or is it a bear trap?

We still need to see whether Bitcoin closes above $9k or below. $9k was a tough resistance and it has been broken.
Actually, this is the FUTURES shorting and will continue till friday when futures expire. If Bitcoin somehow  amnages to stay above $9k even under shorting pressure,  then we are definitely in bull zone. Else, price might suffer a major correction soon.

I think this was the end of down trend in the future we will see the price in upward movements because normally the price will starts to increase at the end of April in the past years so if we compare the same chart now then it looks like the same,but in some point the price may fall again so invest on your own risk.You have been warned!

no one knows for sure, but I hope this is end of a nightmare in the crypto world. little advice from me, maybe for the moment we are a little patient and resist the urge to spend all of we funds, as well as we try to trading gradually and not in a hurry in making decisions.

IMO, it's not a trap, it's a good chance to invest at the moment, I just invested about 1000$ in ADA few minutes ago at price 0.0000308 BTC/ADA and now it's rising :)).

It'll be a good chance if you can catch the right time to buy or sell but if you don't, it'll always be a trap.

We cannot tell if it will continue to grow despite the growth that the market shows. As we see the market start to go down again. It really shows that the market is so unpredictable.

The turn!!!!!!!!!!!

Its a bear trap! Lol, of course no one sure about this thing but I believe this is just a possible bear trap.
We all want this market to go up high, and I think this is just a small correction and we will see the price even higher in May.

What about FUD news from SBI CARD?
will it have a very bad effect on bitcoin, and bitcoin prices will fall again?

The market for the recent 3-week recovery is likely to be a trap for whales to appeal to a potential market that could make a profit on investing. And after many people invest in cryptos, whales will simultaneously dissipate the cryptos to reduce the exchange rate to make new investors to panic sell to cut losses. Investments should be considered at a time when market rates are rising.

Bear trap or not I'm happy that it has recovered for awhile and it showed that it can go through a bull quickly.

This is a better call to label as a reversal. After the correction, we all hereby that the market will shortly recover and go through the opposite side which is increase.

The market has been unpredictable since the beginning but this also shows on how we can take that hope the it can turn around after the rapid and massive sell orders.

I doubt that this is a trap, the current correction of crypto currency has lasted a very long time. For a long time there was a downward trend. So now it's time for a smooth growth! Bitcoin should return by the end of the year to $ 20,000, and the etherium must exceed the $ 2000 limit!

my opinion from now on we can not see whether it is a trap or not just from market activity alone, apagi only see through price, because that is not enough to make a conclusion that close to certainty.
we should wait for the situation, this time must be lived, and in the future I think there are still many great and wide opportunities. passion and success for all of us

This was my bad selling btc in 600 USD.

I hope the market will turn on soon!

predicting the market is not easy. the increase in some time ago simply open a lot of people's expectations despite the current fall back a bit and have made many people confused. either traps or the like will not know for sure.

Я нaдeюcь, чтo днa мы yжe дocтигли, нe дyмaю чтo ceйчac кpиптoвaлютa пoйдeт ввepx, нeкoтopoe дoлжны пoбыть нa этoм ypoвнe, xoтя этoт pынoк нacтoлькo нeпpeдcкaзyeм, чтo этo бoльшe пoxoжe нa гaдaниe нa кoфeйнoй гyщe, чeм бoлee мeнee aдeквaтный пpoгнoз.

I'll go with a turn. I can't tell this for sure because no one here could tell this exactly and it is hard to find a proof the stating an absolute answer. However, if we are to compare this to previous years this is the time when prices are getting an upward trend.

Any upside trend there will be a price correction. All that happens because of people who take advantage after buying at a low price. and when the price of correction will take action to buy back. So do not be afraid when the price drops when there is an increase. Hopefully this will be the start of the bullish trend, and there is no more negative sentiment in the form of FUD which usually makes all the analyzes become invalid. If you are afraid of the price of the down, stop stop loss in anticipation.

no trap here. there are people who have a lot of money, and they want more, they buy the crypt when the market is red, and output when 5-10X. that's all, and the market depends on such super rich people who are always few

It seems to me like it is a standard correction which arrives me at the conclusion this is a bear trap and I believe you shouldn't fall for it by selling your coins or tokens.

clearly here we can not conclude whether this trap or not, if just look from the market activity only. because if only from there we can not make a definite conclusion. so here we must be patient and patient to wait and for the future there are still many great opportunities, which will bring us into success. move on!

i think it's a partial turn, meaning some solid coins will be able to ride the trend up, while weaker alts might fall behind.

This can not be determined exactly, because the market of crypto-currency is too unpredictable. But you never need to succumb to panic (in recession) and euphoria from growth, you need to soberly assess the situation and wait for the right moment. In my opinion, now the recovery of the market is just beginning. So if you have not bought a coin yet, do it and wait for the profit!

This is just really a standard correction which i do always wait up for this kind of price movement anytime i do see a price increase because if there would be rise ups then there would really be always a decrease later on. Might be a trap or not but as long you are a wise trader you should now on how to ride the opportunities because these are the things which are crucial on making out money.If you can risk on to put money or invest for a particular situation if your analysis was true then you would be rewarded but if not then it would just simply a loss of money.

Its not bear trap.Next month fresh money will flow in crypto as consensus is going to be held .you can say its just warm.up.market will boom more soon.

The investment market is too active now.he market is recovering, in May we will see strong growth.

with such slow movement and correction after every surge in price , it looks like market is recovering .
i dont see it as trap , and this range can not be trap bcoz this range is safest range of bitcoin .

Needed to observe a market far enough to determine the next trend that may well again, not enough evidence to say the market is now safe because there is still maturation from every line, but to me this should be an increase in price after a long natural decline last month, . However, to remain cautious, do not get harmed by situations that may be worse? which you call a trap, let's find out the next few weeks.

It could be over with some dips here and there.
Rise before the summer is what I think it will happen.
Like every year.

wait for the rise. By the summer there will definitely be a rise in value. of course, no one will give guarantees.

The international maritime organization, this is not a trap, it is a good investment opportunity, I just in a few minutes ago for the price of 0.0000308 BTC/ADA invested about $1000, now it is on the rise ).

You can buy it at the right time if you can.

and yet important words similar I only to calm, But also to personal desires. And this is all very little about real forecasts. I think that everyone believes and hopes to stabilize the market, but whether the price of coins will rise or not, We can see only after time.

I do beleive that this is the start of the bullish market. Bitcoin and other altcoins are starting to goes up now and even if Bitcoin goes down a bit, it goes back again to $9,000+ so there no more worries. Though it is still depends on the whales on the market cause they are the one's dictating and controlling the market, this is now so much better than the market last few weeks and month ago.

I guess we are at the end of accumulation period and rates will continue rising soon.

The market has definitely turned around.Day in and out the market keeps rising with just few hours of dipping and it is likely to continue such an upward trend towards another all time high.

I think that market has never been a trap, it depends on your tranding skills if you would be succeed, its all about catching a right moment

it is a good question, it is hard to answer what it is exactly, may be for some people it is trap, but in my point of view, it is trap for them because they don't know how to trade and for them who know i guess it is like a game

I think that the market begins to stabilize and return to its peak, you just have to wait and lose it. But again these are only my thoughts and they may not be right. Then you decide.

We cant precisely tell if we are now heading to bullrun or just a temporary price surge but I want to believe this is the start of the market uptrend.

However we can also expect minor corrections along the way and that's because of those investors who are eager to gain profit after buying their coins in dips, well its a normal mindset of them to take advantage the current trend.

The market is too volatile and unpredictable, lets just be positive on what is happening now who knows our speculations might right after all.

Unfortunately bull runs can just as easily turn into traps... That being said though it's often said that these ups and downs don't matter as much for the medium to long term... in any case though this isn't financial advice!

I think that the market has already turned around because the price of a bitcoin has increased approximately in 2 times, if it was a trap, the price would increase a little, and then fell heavily. I think bitcoin will soon cost more than 10000$.

I think that crypto spring has already begun. And in the near future we will see new records of Bitcoin courses. And behind him will start to grow and other altcoins. By the end of the year Bitcoin will be $ 50,000, or even higher

Market back to flat-market from may to april. I think we can see strong bull market in november-december of this year.

For me market is going up and it will be doing that for some next weeks and after that it will be more stable, what will be next? This is the real question cause then it could go down or up, this is a real problem.

it is a good question, it is hard to answer what it is exactly, may be for some people it is trap, but in my point of view, it is trap for them because they don't know how to trade and for them who know i guess it is like a game

After a drop from 19.6k to 6k I think majority of the sellers are out, this could be a genuine bull market now for the rest of the year. Obviously even during a bull market there is dips, but things look good.

before we buy coin we find out first how the development of the coin if the development is good and a lot of interest then we buy and hold until high price and sell, do not we buy coin who do not know its origin wrong wrong we even loss but in the world the sale is usually used by the name of profit and loss.
but we must at least avoid the loss. then we must be careful to buy coin. do not we buy coins that are not in the matters anymore and a little demand, it is very dangerous

No doubt this is gonna be the turning point for the market to recover, after it fell so hard last March. The market is gradually recovering now and I'm looking forward a new Bitcoin ATH as well as the favorite alts this year.

I believe that the bottom was reached and the market is fully ready for an uptrend! Recovery can take longer than a fall, but by the end of the year I think we will remember everything with a smile and more enthusiasm than now!

Of course it's a turn maybe not so strong as we expected. But BTC almost got 10 000, unfortunately some bad news came to market before... Anyway I hope soon we'll see BTC price at 10 000 $ and after that people remember about crypto and maybe new high levels. A lot of people came to the crypto when BTC was more than 10 000 and lost their faith when go down to the 6000. Soon bulls will come to the market, because it's still profitable market, more than others. 

There is nothing called a bear trap, it's a bull market or bear. Nowadays, it's slowly turning into bullish.

Dear you,
In my opinion, nothing is stable forever, the cryptocurrency market is the same. One time it go up, another time it go down... Only thing we should remind is the market's trend in a period. It will help us a part when decide to invest. So don't worry when the market go down and don't get too excited when market go up. Should be calm and wait a right time for investment. Remind limit order in investment. Good luck!
Thank you!

in my opinion, if the market that has been recognized by the krypto maybe it is not a trap but if the new market out could be it is a fraud because it can not be believed in its truth.

before I will ask you what do you mean is upside down like what? is it because the market is in a state of drastic decline? I think this is a very natural thing, because at the time of price increase from 2016-2017 I think bitcoin rises too far and now it drops so drastically this may be an action to keep the price balanced with other coins, because we all know that prices are not we can predict.

could be both. make ur own investigaion and don't relay on somebody's forecasts.

It seems to me that the bearish market can persist for a long time, with a few interruptions, a lot of people learned about cryptocurrencies in 2017, but so far few people have started using the crypto.

For me it will become more and more usefull in coming months and prices will start to recover in 2018, so months like Nov/ Dec could be really profitable.

Until now the market goes up and down.
it is hard to determine what will happen next.
all i can do now is buy now sell later for those tokens who have their updates and partnership.

this gonna continue until all the faint-hearted/week hands sell their savings.

Market can be a 100% judge.
it is always a guess for the market where we can see if it is a bulltrap or a bullrun.
noone can say it a hundred percent to go up or will be down in  just a day or some.
all we need to do it to trust it and keep holding.

Now we see that the market is standing still. Basically this is the perfect time to trade. Soon there should be growth and then we will have a good time to invest in quality projects.

I dont wait big return this year, sometimes we can increases little and then we drops again like april and may month, I'm waiting real bull season at 2019, when we see real bulls, it will be big rises I hope.

It's hard to pinpoint that. To say that is not a trap is continued. Be alert or continue to receive positive information from the market. before realizing the trend. Or maybe that is the effect after the worldcup.

to be able to know and analyze the market with certainty at this time is difficult to say, when people say that the current fall in the price of crypto has provided an opportunity for us to invest to buy it, but when on buy, the price can fall again below it, so we must be careful in trading, because the market is very difficult to predict, so to do something we must be able to think clearly.

Never knows, need to wait what is happening next, I personally its a turn to bull side, but it also can be a bear trap. Better to wait for confirmation of one theory.

the market has not yet returned to its best position, it is just a prefix for a good market, because a good market will go through a variety of conditions including declines or increases. so this is not a market with good conditions because it will still continue to be in the best position in some time to come.

Some big names from the asset fund investors are starting to investigate crypto so i'd say it's turning around now. There are much better gains to be had in this playground than real estate or gold.

Today is the day what we called bear trap, just look at the chart of Bitcoin. It is really scary , many whales right now are in their position to play some games. Market of cryptocurrency still being manipulated, let's hope that this game will end.

The market slightly recovered from its last dip. but not quite there are sets of pump and dump in the market that is scheduled to happen in the following week. the bear flag is still on for most of the altcoins. it is better to be keen and wait until September where we can see a consistent growth.

u never know the time, but anyway u gotta be ready for its coming.

Is part of correction which must be done to know the next step of the price even now that it spark up again , I think its going to go down again and take some time to break the resistance of 6800 again but it will take long and I don't think we might break 10,000 this year again but we will definitely see better move in near future.

I guess that the bear era is already done and the market is back to normal again. No drop and no moon, just in the middle. Maybe because we keep putting in our mind false information to scapegoat and to be optimistic. Even though its good to have that spirit, we have things to consider to profit.

Now idyllic time to trade and work in the crypt market. After all, the market not only stands still but slightly starts moving upwards. Watch the market and everything will be fine.

Its not over yet but we do already able to see positive news circling around which we can presume it is really already a trend reversal but one things for sure against on what you had said. Drop would be always there and possibilities of moon is there too. We are on recovering state or accumulation period but it doesnt mean that we cant go back into those bottom prices. being optimistic isnt bad but you should know how to check out price movements and fundamentals.

the ideal time is just for buying, because selling during a recession is not very reasonable.

ea, I notice too the scary hype of bitcoin. But I recently bought BTC at price 6k4-6k6, so I am not victim and waiting for the chance to sell.

You know the job, my friend.I think so :)

The same thing is happening now. Some people are thinking this little pump is a trap because the bear market will come again. We are seeing the bear market condition from the March month to now. In these times, we gather many failed prediction experiences, a lot of ICO scam experience, ETH at 167 USD experience! So, Some people can think easily this little pump or the bull market is nothing but a trap!

How many were these traps, which lasted no more than two days, and then the coins were further reduced in terms of indicators. Hope that the next growth will be final and irrevocable.

Whatever the market is going on, we have to be wise in observing. Bear market sometimes raises questions, when will it last. Long or short. And often people are trapped in this situation. Actually we don't need to go that far when we see this kind of case. Determine how much capital you can afford, and beat up with what you can give.
If you hesitate to act, don't do anything. It will only make you regret it later.

that's what we have to do, because it doesn't run out if we keep talking about bearish and bullish. we must keep going forward and make plans that we have made to produce profit, today or in the future.

I'll stop thinking that it is a bear trap and lot of news says that the bottom was in.
And by this time we are going to the bull so expect a quick phasing that we're going up.
Disappointments will now turn into hopefuls.

Funny that this thread always appears again when the market has a bit of recovery :D First in April, we now know this was a trap, then in July and now again. The market lows are stable for the moment, let's see how people will see this thread in a few months :D

Considering nowadays market it's hard to say something for sure, it looks like a trap, but i hope that someday market will recover and we peacefully count on it.
Be patient and wait for the opening in market.

Bitcoin pricing has not really show price direction since the middle of this year and the price has been in bearish conditions. The market will some how go dawn a little before we can see significant turn. The bottom is not here it might be below $5,000.

Stagnant, that's it. And if you are uncertain with what's currently it sits then why not take time to buy few of those coins that went down so far? first choice would be bitcoin and ethereum as your second choice as it plummeted with more than its half price before.

it looks like the market is slowly starting to move to recover after experiencing a long downturn.
This cannot be said as a bear trap because we all do not know what will happen next, if we look at the situation it is likely to recover soon and indeed the time for the market to increase its price.

i have feeling  ;D its not trap, every coin is bouncing right now recover from downturn, i am optimised this time is end of bear session..

yes we all hope this end of bearish session, i want to invest some altcoin like xlm, cardano, doge and trx, its a good time to buy cheapcoin

The market has already turned around because the price of a bitcoin has increased approximately in 2 times, if it was a trap, the price would increase a little, and then fell heavily. I think bitcoin will soon cost more than 10000$

I think also start to try now because in your post that don't have anything constructive but only negative is you don't try anything here in crypto so better to study it then do post here again

Let's make up the charts of all the ups and downs in this market, others are still not engaged, except as expected. And so the work is useful and it can help novice investors in their choice.

Markets go up and down all the time, its the normal cycle. I am getting sick of hearing people complain about the bear markter. If you cant handle speculation then this is the wrong game for you

i have seen enough of  this.... its a trap.

I don't think there is any turning point in the current market. The downtrend will continue, but there may be a turnaround in October!

I think that the market is not yet ready to turn. Perhaps this will happen in mid-October, but I'm not sure about that ...

No one can predict whats happening in market price in the future.What we are trying to do is to observe what's happening in the future and we may continue or not to be participate.

You have not seen enough yet and nothing so far is a trap unless you want to get trapped yourself. At the moment the market is trying to find a direction and we have been seeing the $6k support holding strongly, while we keep seeing the market do some strong movement upward generally, and all this is bringing some excitement into the market as well as some optimism, but nothing is a trap as long as no one is being deceived here. If you enter the market now in an indecisive period where the market could move either ways, then that is on you.

It is still too early to start stating what will happen or not, because, certainly no one knows the future. I remember in the last attempt of bitcoin moving up in the short term, a whole lot of people were actually expecting a huge dump from there towards $5k and then, the pump just shot in and then we saw the market really doing good for a while before we are back down to the same support again and getting close to that juncture where no one can be sure of anything at the moment and how the market breaks out now is what we are all looking forward to see before making decisions.

at this condition market are not on bear anymore
but at stable and low zone, even you think it still bear
how far btc will drop? it wont down below 5k cause mining cost more than it
so people are smart enough not to sell below poduction cost  ;)

How can you say that there's no any turning point of the market? it may continue but we can be surprised any moment from now on.

Bitcoin can drop as low as $5,000 with what the "experts" say but who cares about what they say? we all are in this market and we are aware of what really happens after a very long dip. Others may claim that its a trap and they are entitled with that opinion but let's look at the latter part before comprehending and having an ending statement.

there is no trap, in my opinion, a trap or not depending on our own, of course, all crypto prices have reduced prices, if my current thinking is an opportunity for people who want to invest in crypto, buy and save for a long time, don't buy only a few months, if you want to make a big profit.