Bull Run or Dead Cat Bouncing ?

[pinoyden]

Compared to old bull runs, this one looks like a small bounce but at least we are at a better price level. I would be okay with a slow and steady rise.

Better price level ? No  its not  .   bitcoin is sitting a verry low price the same as other cryptos which i think its not suficient to make a proper income  .  the unexpected price hike in the past few day can be considered as a bull ( a small version of bull rather )  

About the dead cat bouncing . to be honest i dont know what that means because this is the first time i counter that phrase  .   though the first thing that comes to mind after reading it is fluctuations/volatility or unstablility because of the words dead and bounce

[carlfebz2]

Compared to old bull runs, this one looks like a small bounce but at least we are at a better price level. I would be okay with a slow and steady rise.

Better price level ? No  its not  .   bitcoin is sitting a verry low price the same as other cryptos which i think its not suficient to make a proper income  .  the unexpected price hike in the past few day can be considered as a bull ( a small version of bull rather )  

About the dead cat bouncing . to be honest i dont know what that means because this is the first time i counter that phrase  .   though the first thing that comes to mind after reading it is fluctuations/volatility or unstablility because of the words dead and bounce

A fast google search will help you.

https://www.investopedia.com/terms/d/deadcatbounce.asp

This would really be helpful on whats dead cat bouncing.

[pinoyden]

Compared to old bull runs, this one looks like a small bounce but at least we are at a better price level. I would be okay with a slow and steady rise.

Better price level ? No  its not  .   bitcoin is sitting a verry low price the same as other cryptos which i think its not suficient to make a proper income  .  the unexpected price hike in the past few day can be considered as a bull ( a small version of bull rather )  

About the dead cat bouncing . to be honest i dont know what that means because this is the first time i counter that phrase  .   though the first thing that comes to mind after reading it is fluctuations/volatility or unstablility because of the words dead and bounce

A fast google search will help you.

https://www.investopedia.com/terms/d/deadcatbounce.asp

This would really be helpful on whats dead cat bouncing.

Thanks bo , now i know

[ihaveaquestion]

I think we will probably retest 3200. Sentiment is at an all time low, I think it would be quite surprising for us to have already reversed for good. But you never know with crypto.

[Cherylstar86]

I think we will probably retest 3200. Sentiment is at an all time low, I think it would be quite surprising for us to have already reversed for good. But you never know with crypto.

Actually these days were having much unpredictable undertaking, which most of long term traders didn't put much pressure unto them. Although they're having nosebleeds from the past and present days, since 2019 was the concerned year for bull run which was the last resort of our hope. Cat bouncing is always will be and we're all potential players of this bearish trend aiming for that bull run to happen in a random aspects of time.

[semobo]

Whatever the type of movement but still the prices were constantly swinging in some region which is very low value when compared to previous year but it is not the end many more days yet to come so we will see the rest by days passes.

[sliderider]

It’s just a bear trap before we reverse Bart and finish off the inverse head and shoulders before we expand into right horn of bull.

[Baofeng]

It’s just a bear trap before we reverse Bart and finish off the inverse head and shoulders before we expand into right horn of bull.

Well we did see a H&S shoulder when we did touch $4K, that's why I thought it really very critical because if we pass that market I'm sure we can push to $4200 easily. However, we all know what happens next, it didn't sustained that's why the price suddenly plummeted to the levels we are in right now. I wouldn't call this dead cat bouncing as well, it's just forming another pattern of bullish but the bears is still in control though.

[iMark]

Such doubts are normal, it would be naive to assume that once started growth will continue in a straight line, and without any hesitation. This is the essence of the risk of the investor - he must choose the point of entry into the market on the basis of his own reliable observations and analysis.

of course thats normal thing, especially the price that failed to stay above $4k and fell again. but this doubt can also be a bad thing for the bitcoin market you know, and can also extend bad conditions to the market if doubts continue to be experienced by many investors

[STT]

Its too buoyant to be a dead cat bounce and not regular enough to be declared a proper bullish move.   The correct conclusion then would be along the lines of a consolidation formation which is to even out buyers and sellers within a new range.

After some time people can speculate on a breakout of that range but really the OP question is not applicable on either points, theres a multitude of possibilities and its something else

[EdenHazard]

I am optimistic that this is the beginning of bullrun. If there was a decline, it would be nothing. After that there will be a continuous increase

This is what we always hope for in 2018 and we often go through it. However, it was only a dream that could not be used as a backrest. Maybe our backing on bull run comes only to relativity, see the current reality and the next few days or information that can change things.

[crzy]

It’s just a bear trap before we reverse Bart and finish off the inverse head and shoulders before we expand into right horn of bull.

Well we did see a H&S shoulder when we did touch $4K, that's why I thought it really very critical because if we pass that market I'm sure we can push to $4200 easily. However, we all know what happens next, it didn't sustained that's why the price suddenly plummeted to the levels we are in right now. I wouldn't call this dead cat bouncing as well, it's just forming another pattern of bullish but the bears is still in control though.

Yeah, a pump and dump trend since last year and maybe it will continue for more months before we see a the real trend. Bear market stays so much time in this market, and bitcoin is in the good position now to start the bull market again. A small pump is just a small breathe of the market, there is something more that is hidden behind the bear market, soon it will come.