Bitcoin Forum

I am seeing this also another bull trap. this is also for temporary purpose. do not invest in the edge/highest peak that will the stupidest work. observe the market.

i am holder so i always refrain from day trading. how about your view this green signal ?

It's not a sudden green trend. From what i read, its because of Japanese financial giant has fully opened its fiat-to-crypto exchange and the market has reacted positively to the news. You can check read more here https://www.coindesk.com/worlds-first-bank-backed-crypto-exchange-finally-opens-to-the-public/

Also with that BlackRock news.

there is a good chance that we continue to see a lot more of altcoins get dumped hard some more. there currently are a lot of whales who are waiting patiently for this small recovery and the orderbooks to be filled a little more before they can dump a large amount of some of the altcoins they own on the market and the worst part is that the bag holders are also waiting for the recovery to sell at a smaller loss.

IMHO this is a trap. Don't see any real changes in crypto world:) We see such green candle not far ago. Someone just closed all margin shorts at a moment) Trading volume is still low everywhere. Look at volatility. Maybe I'm wrong and will buy everything higher. But now I'm waiting.

There is also good news for coinbase so it may also impact positively. We might see some more good news after accepting of security coins and tokens by exchanges.

Previously, each green candle was regarded as the beginning of a large growth. Now this is perceived as a trap. This can make a difference for short-term traders. Med&long-term holders should not pay attention to this until the BTC exceeds 10K$.
Watch, relax and hold.

I think that this is the beginning of good growth. Maybe not at $ 20k but I'm pretty sure that Bitcoin will reach $ 10k. A lot of positive news came out on which the market did not react, but now started. I think that just because the majority thinks this growth is fake, we will go for $ 10k, because the market always works against the crowd.

I also agree with you and the best thing to do is to wait patiently until when you see very positive rise in the crypto market because I believe this is just another manipulation and we should not fall for such.

Today it is a good thing to find that the market is green. I've been looking forward to it for a long time. Of course, what I'm worried about is just like yours. It's not clear whether it's another trap.

I do not think this is a trap. I think this green trend is part of the correction to get BTC towards it true value. It is therefore likely that this may not hold for very long but at the same time it could equally escalate towards the 10k cap.

For those who bought tokens at low prices, now it is a good time to sell. I mean why not? If A trader thinks he made enough he may sell and stay happy. I'm not a fan of the hodl strategy.

After recent big pump I am waiting for big drop back to the 6000$ at least. So guys current situation looks like a good opportunity to short Bitcoin :).

I don't think it means too much yet, it pumped like this a couple of months back at around the same price. We'll have to wait and see.

The market still needs to observe that the red market, which has been going on for a long time, should also rebound. Perhaps just a rebound is likely to be a trap. So don't rush to make any decisions.

I think investors should wait for some time. Actually this sudden green trend can be a trap or normal but we cannot say anything now so we need to wait. Moreover investors do not need to buy at a high price as we are seeing a downward trend this ye

Everyone says that this is the reversal and we are going up and up and I see that it is probably another bull trap and we have to go down again to find the bottom.

Keep an eye on the market. Gather data and analyze. Green trends can be positive and BTC might rise upto 20,000$ again.

nothing happens suddenly here, everything has a proper effect of investors previous activities, this is definitely a good news if it actually happing it will be helpful for the users but I am eagarly  waiting to see that how long this green trend prioed will last in the market

The sad thing is that you don't know what to pay attention to . And how manipulated I do not understand yet . But I do not panic and wait

It is better if you wait and observe market. Not all the green trends can be trap, BTC's price might again skyrocket if they keep recovering at current pace.

While unfortunately the situation with the market does not change, everything also falls down from time to time.  It's time to finish the correction and the market to go to the top..

see all the green market, I'm very happy, because the price of crypto will go up, for that be prepared to go month buddy

I agree. There are lots of trap now but I really believe that the crypto market is doing good for now and I think that in the long run Crypto market will be at a stable stage. Maybe for now it wise to just wait patiently and see what will happen.

I agree that you should not rush to invest, and it is worth watching the market. will it grow or continue to fall.

There are so many possibilities here why the bitcoin market suddenly up again and turns into green trend I am hoping that it will be the bull again and not a trap. Many good news about cryptocurrency are happening right now there is some countries open bank for it a cryptocurrency bank.

To be honest, I think that cryptocurrency is now in its recovery stage and everything will be better than nowadays. However, you can be right at saying that it can result in a trap and in a temporary "green trend" which then will bring as a much worst market state.
Personally, I believe that the cryptocurrency industry is recovering and will grow even more than we know :D

This green colour was temporary. Green trend will come but nobody do not know when. In last days market was more stable than earlier so maybe we will see good prices soon

Do not rush to make a decision if you are a clear daily trader when the market is green then it is too late if you do not want to wait longer and just cut the earnings in the can, be careful at the moment a lot of news that green trend is a trap where people try to controlling the full movement of the market, waiting for the right moment in a long-term investment, with many positive things then it is a pure belief of everyone in the world, all control is on your own.

Waiting and just looking at market trend will not benefit us but instead we need to have our own projection so that we can use it as a tool to gain profit from the market situation whether it is rise or fall of bitcoin.

It is hard to determine the direction of the market atm. We have to watch the market for the time being to determine whether the market is turning to bull.

For long term holder, the price is still good to get in now.

I try to think positice ,these green signals are beginnig of good prices. We 'll see more green charts , values. I hope that.

Prices will rise i hope. Everyone want that. Lets wait and see whats gonna happen.

You are right with such good and positive news coming from Japan it has the capacity to affect the price of all crypto currency because that open wider doors for crypto transactions, and again the digital currency has been on the new for positive reasons in recent day and is about that time of the year again when cryptocurrency price will skyrocket again most especially bitcoin and the other major altcoins.

Everyone on this forum is already hoping to see the green market, at this point in time I'm not sure that this has already begun the growth of the market.

Yeah, I am agree with you, this growth definitely looks like bull trap. I think everyone who wanted to buy BTC did this somewhere near 6000$. Now we should see melt down to 5400$ area, it will be logical.

I think that it is the end of bear market. Also smart money thinks same, so we have to wait little bit more to see where is the true and what will happen.

It all depends on how your actions in making a good prediction to determine the price that suits you, of course, it is very difficult if the price is not stable. I think if the coin is active for the price movement of the sale, then you can see for the highest price and you can predict the price if it decreases but you should always be ready to see the movement of the coin so you do not lag the price if changed.

Is good for the newcomers, but it is not good for all those that wanted to buy. But yes, i am happy to see green numbers again, at some point this is healthy for the market

Investing, you can always have time . The main study and plan of your actions .

It's hard to predict what will happen in future. But, I hope within this year I'll be able to seethe Green or bull trend . I hope the price will rise high like last year. I'm eagerly waiting for that day to come.

unfortunately when bitcoin is rising up, almost every altcoins would falling. as for me who holding an altcoins is a bit sad because of that. for example ethereum, 2 weeks ago we see the value of ethereum is 11 ETH/BTC and now it's falling to 15ETH/BTC

I also agree with you that it might be for temporary purpose.I think we should wait a little bit to see how far it goes.I hope that it is not a trap.

It is a good sign that the market as of now is on the recovering stage. But I still wont bite this trend, I think it is still a bull trap. My funds as of now is still in usdt and in safe mode. In preparation for a possible buy at a low price again.

From what I have seen so far 2018 is way different than any of the preceding  5 years as far as the patterns in crypto trading are emerging. Rather than getting a quick recovery after Jan/Feb we are still sitting at lows, I think we will wait this our for most of the year with a recovery likely and of this year or early next.

I think this correction is going to last long enough to keep only serious buyers and investors around. So this year the green trends will only tend to be sluggish.

I think right now the market is in a good condition. But, of course yes as you said, we should be very careful now. The long waited bullish trend has begun and the market price of all the coins is rising slowly. We should hold our coins patiently and wait for the right moment.

Hodling the best stretegy for making profit now. People may check the price trend now again today bitcoin and all the crypto currencies started bumping in the market. I really do not want anything happen negative in the price chart for the coins now or in future too.
Here everyone really feel panic about the price changes. It will be good for the investors and hodler already done on the coins. If you want to make the money on that you will get the profit accordingly.

When that happened, I told my friends to relax because this sudden spike seems not right to me, and I said it after some days everything went down, so it seems to me that there are some sort of pump and dump been played out.

The sudden green trend for the cryptocurrency market is an indication of buying more of bitcoins since the price will keep increasing. The selling period over  several months is over and time to start accumulating.

It doesn't stay long as we can see today  ;D

https://www.bloomberg.com/news/articles/2018-07-23/bitcoin-breaks-above-7-500-as-cryptocurrencies-resume-advance

Now it is very unstable situation. I would not invested all in the top cryptocurrency. This is the time to study good current ICO or project in near future. I hope it become easy to find good ICO. Top crypto is not safe. Menlo.one convinces me to invest in new projects.

Usually such green trends are the effect of positive market sentiments. With BTC ETF licensing coming close with more positiveness these sudden small pumps are obvious.
People buy and sell the news and thats what is happening.
However, we are in that time of year where the volume builds up for consolidation and next to that is what we see the bull run. I hope this is the same.
Again, I will agree to the point of not investing on peaks, consolidate when the market is low, if you are not holding long, sell when market goes green and consolidate again during next red.

Alot of positive informations are coming into cryptocurrencies market and I think this is going to influence the institutional investors into the market.  The green is here to stay and I am just praying that this will also influence other coins outside bitcoin.  Green mean bullish and we are going to run this for long.

Yes, the market may now turn up. The only question is what coins to buy - only bitcoin or add coins from the top 10 (or from the top 50). I will be glad to your thoughts!

There is an opinion that sellers of equipment for mining are trying to support the falling demand in this way. However, the rest of the market did not support the upward movement. There will be a fall.

I'm very excited for the green we've been seeing in the market. The bullish signs have been showing for some time now. So it's definitely nice to see the price finally starting to rise along with the signs. It will be interesting to see what the end of the year has in store for us. If we have any sort of similar monster bull run like we saw last year.

Market is moving as expected, after 6-7 months of downtrend, we can finally see reversal and if btc breaks next 2 big resistances then we can expect strong bulls and new all time highs, most of the events coming up are also positive.

Of course, over the past two months the market has become more pleasant. I made an investment at 6300. Now the course has grown to 7,700.  I am waiting for pleasant news in the market of the course 10 000!

Instead of investing in coins that are moving uptrend, why not invest in coins that are in dip, because presently despite the increase in the price of bitcoin, there are so many good altcoins that are in red. Invest into them and hodl.

I agree with your point of view. Whenever the market shows signs of recovery and green, I am skeptical and ask whether it is the bull trap, or the market is on the rebound. And it can be seen that the abnormal BTC rate is rising while ETH as well as altcoins decreases. This will attract huge investment in altcoins so that whales can suddenly reduce the exchange rate of the entire market to bring out the bull trap to fool investors.

Gonna see what happen last year? it could be possible the same, only it matters in prices. I know people still doubt about the current prices we had, I don't think isn't a bull trap anymore, it is gradually moving high and not in a quickest way and to say its another trap again.

We were waiting a long time, green crypto market, a promising rise, i hope it will continue. I will continue on the road with the existing cryptos in my wallet.

I hope that this growth will continue, but most of us are so used to the red market that it is hard to believe in a long green market.

I believe that this is the beginning of the great rises we would see by the end of this year. Bitcoin has paved the way and I believe that the others are going to follow.

We can't blame to be still in doubts, maybe they loss last year at it could be a trauma for them. And then, we are almost about of 7 months in dip and now it appears into green. Or maybe, they are just waiting for more pumps that could change their mind.

Hopefully it will continue to be green until the price of all coins increases. I am tired of red which shows prices in all markets are low. My coins can not be sold and sold very low. Hopefully the price will get better and the bounty hunter will prosper.

yeah. its kinda bad to assume that its a bull trend. for as long as the green keeps coming. then I will sell me hodled coins and tokens

currently the market price is improving and green, my feelings are happy but I feel scared, my fear is present because I am worried that this price increase is only temporary.
hopefully this will continue to increase and provide benefits to investors and holders of bitcoin or other altcoin.

I think things have changed as there have been many new developments that have happened lately. actually you can do a short trade if you want it, quick profit can you get from selling and buying. but of course experience and knowledge will be an important part. now, bitcoin is being pumped

This does not seem like a bull trap in any aspect whatsoever. I don't agree with the people saying that there is no positive news backing this surge which is quite ridiculous. It is quite clear that SEC will most likely approve ETF(Postponed to September) which has contributed to this particular surge. The Blackrock news has also helped. A stream of positive news has been coming out recently which is why this could indeed be the bull market that everyone have been waiting for.

The encryption market is very bad this year. I have not seen a real green market in this year's market, and the market has been in red. Occasionally, when the market turns green, it won't last long, and soon the price of the cryptocurrency will fall again. I think this is a trap.

Bitcoin's current price rally might due to ETF speculation. Many investors had already expressed their interest on bitcoin ETF after the US Securities and Exchange Commission received an application from a well known financial group and many believe that this ETF is the prominent factor for the current bitcoin rally. But bitcoin can not avoid corrections so you should expect it to happen anytime from now.

After experiencing a long period of red in the market, I am very happy with the sudden green wave, but I will not make a deal. I mainly observe the market as the main purpose, because impulse is easy to do wrong. We must calmly see any fluctuations in the market. Be cautious in trading.

I think that there will be a correction of the market. I'm still not very happy and try to be more vigilant.

There is news that Goldman sachs is hoping to invest huge money in crypto. But in my opinion, we are ready for a situation like the later half of last year.

the market is beginning to look green on this day is likely to last and stable until the end of the year and I still hold the coin that I have for a surprise by the end of this year.

maybe the market stopped falling and began to grow. it is time for the market to stop falling.

With a high probability can be a trap. Market analysis shows that now there is a lot of good news, the market grows a little, but not as desired, and then suddenly the negative news sends the rate down. And it turns out that the market just stands still.

For me we are still in the bear market sentiment, we are still not it a bull run but as long as we sustain the 8,000 and rally to 10,000 i think we are seeing a bull run but as of now it may a bull trap and i am not convince that it change the market sentiment.

I laugh and literally shake my end when I see that people really think that this is the end  of the bearish market. I do not think that it is, as the market has not fully attained the correction that it needs, and there is a huge possibility that the prices are going to go down again. Everyone just needs to be patient. The bull time will come, but it is not now.

It is too early to conclude if this is the beginning of bull run to come, we need to wait for some more time and be sure the market won't go down dip again like it's been happening since this year, but if ETF seals through, it will attract bull run

I see the future of so many coins that hopefully hits its goal at the end of this year. I think altcoins has a potential to support global due to its dominating price this week. Many investors also want to invest altcoins to have great profits.

I will still maintain a wait-and-see attitude. The best bitcoin has a significant increase in the past few days. I think this is good news. At least this market will not always fall. I hope the market will pick up as soon as possible because we have been at a low point. It has been a long time.

I believe that the market has stopped falling, but what to expect from it in the future is unknown. maybe it will continue to fall or may begin to grow.

In my opinion this green signal will be the start of the bullish trend. Prices are constantly increasing and where in its been leaded by bitcoin. This could be the repeat event that what happen last year 2017 where btc price has gone its price peak and drag all coins along with it.

Sell as quickly as possible. Look at what's happening in the market.

It could be a bull trap, i am never sure, i think no one is. You just got to be prepared with your portfolio. You can even score some altcoins cheap, then hope for alt season.

Sudden green with high volatility will always have a dump after that. It will always make a correction and may continue to pump again. But since there are always a bad news it could be a bear trap.

I think that after half a year of bearish trend it is time for bulls. Those who bought bitcoins with prices more than 10,000 dollars will hold them and there is no such a big proposal on the market. So there is a reason to go further and upper.

It is a decent sign that the market starting at now is on the recouping stage. In any case, despite everything I wont chomp this pattern, I think it is as yet a bull trap. My assets starting at now is still in usdt and in experimental mode. In anticipation of a conceivable purchase at a low cost once more.

Blockchain technology is constantly evolving, it will bring great changes to our lives and work, the cryptocurrency market will get better and better, and the price of cryptocurrency will rise. This is very normal. What we need to do is Wait patiently, long-term holding will bring you more benefits

I don't have a special way to know when the market will pick up. I am also a holder. I just want to say, I firmly believe that the market will definitely pick up again, so what I need to do is to maintain enough patience to hold my encryption. Currency, I believe that in the end I can make a profit from this market.

Green trends must be addressed immediately because in the world of trade if our target is to pursue profits

if prices go up, we have to sell even if the profits are small, but we can invest money in other cheap altcoins with potential price increases, so taking action quickly will get good results, we must always monitor the movements of altcoins so we can take steps quickly . not deceived by predictions of big profits but instead fell into a big gap.

I would like to say that we should not be carried away by the things that we see now. A little green trend doesn't mean revival has finally happened in the market. I think that the reds will still be ruling for a while. Yes, greens might step in once in a while, but it is not the greens we all have been waiting for. It might take a little longer time for that to happen.

I think that we all shouldn't be deceived and get moved by this green trend because this isn't what we have been waiting for. The market is still very much unstable and we have to still keep this in mind. We need to be more patient and wait for an actual bull time. No body knows for sure when that is going to be, but we hope that it is pretty soon.

I think investing when the market is at rising state can be the worst decision to make.
There are most likely the price has a possibilities to go down. The best way to invest would be when the price is down and it already reach it's lowest possible price.

Hey mate today i saw market price started to go greeen way. Most of the coins started to improve. So i hope as like previous year, Bitcoin and ethereum will reach maximum price at this year. So do not rush to sell the coins.

I think that this is one of those times when we should all decide what we want to do with our coins, if we want to keep holding or sell and cut our losses. After this the bear market that we go into will be relentless and there is no going back after this. It is good to see some green in the market as it helps people keep up hope but we should be very wary of it.

I think that this isn't exactly what we have been waiting for. This is only but a temporary phase in the market because the bull season is still on, and will be on for a little more time. It will all be over though, and all of this that we are experiencing now will be worth  it in the end. Let's keep our faith in the system.

I think that this is not quite a trap. This is a recovery of the market that dragged on. I think that this will last no more than a month. Then everything will be fine and there will be growth.

We again see that there is no rise in the crypto-currency market. Yesterday bitcoin had a price of more than 7,300 dollars, and ethereum already had a rate of $ 300, and today again bitcoin fell below 7,000 dollars, and ethereum in general surprised by its fall to $ 246. Most likely, that the prices will then go up a little, then go down. We still do not see a good rise in the crypto-currency market. Well, we will wait further. In these remaining few months until the end of the new year, such a market boom should be.

I see positive vibes, but unfortunetly there comes red again. I see not good times for crypto and I hope to see market recover. Of course it cant be green always, but the current prices are killin me

Exactly. You're more right than ever. Bears are trying to knock the bulls. Bulls are trying to knock out the bears. This cycle hits will end only when you run ETF.

I want to see the market recover with positive vibes and now there is no reason to worry and there will be development. In my perspectives, this precisely what we have been sitting tight for. It regards see some green in the market as it enables individuals to keep up trust. I immovably trust that the market will get once more, so what I have to do is to keep up enough persistence to hold my encryption Money.

I am happy with the green market trend that has happened lately. But unfortunately the green trend does not last more than one day. The market will return red after a green day. And there is no indication that the price of bitcoin will rise by the end of 2018.

I think that it is too early to jump from happinesses today. Lets see what will be in several weeks. Only during long time of green days we can tell that raising is back to the all market

 The market is tired, but surely turns in a good direction. I bought the ethereum and set it aside for profit.

Exactly when you buy Ethereum, because Ethereum is a legendary coin and much in the interest of many people.
I also saved a little Ethereum in my wallet.

All prices in this market are regulated by sharks, I think we are not technically accurate. Let's be hodl at this time, everything will be good in the near future.

Currently the crypto market is undergoing a gradual increase, the current trend is that many people suddenly make the decision to sell the coins they have, I also want to sell them but I am not sure about the crypto market at the moment.

The 'green' market is not green enough for me, the market has shed billions and we can not even say we are going to recover this month let alone this year! I believe in cryptocurrency and I'll do whatever it takes to be in the best market position!

Green in some time it's not a good time. never to believe with these conditions because it's going to be quite deceptive. not how green a rise could not be offset by the decline in the major. This makes the situation look so green that there is simply a hoax anyway. calm down and wait for better circumstances because it is full time Green hoax. But if you can take advantage of this with a good strategy will be profitable even though it feels small.

and you should hold a coin that is still owned in a longer term, because the green market lately only lasts in the short term, and holding a coin in the long term will reduce the possibility of getting a loss.

I think that this a sign for us that this market will be great again. A sign especially for those that were beginning to lose sight, and faith in the system. This is maybe a 'hold on a little longer my dear' sign for them all. I also think that it might be the start of something new, who knows, the bull market we have been waiting for.