Why i think BTC is a bull trap atm!!!!

[vladimir21]

- Bad news still around for btc from all corners, but suddenly it jumped from 9,200 to 12.000 if you see the history at highest volume btc exchanges, you see some people bought it in high volumes upto 2000x btc in 1x around same time.
- Futures contract expires Jan 28
-low volume, crash scared a lot of people
- look like ascending triangle
-Tether keeps being printed everyday by 50-100million, and backed by usd. To me it looks like
someone is buying BTC with fake/printed coins.  = Bigger btc manipulation trap.  = these huge btc jumps can only be caused by massive manipulation

[1715172923]

1715172923

[HanvanBitcoin]

[coinadon]

I think this is just an old issue that was reappointed, just at the beginning of the year in the previous two years bitcoin always dropped at the beginning of the year.
not a thing that is too shocking for me.

I am waiting for the best price to enter btc again at the beginning of this good year.

tether is always printed, but it is not something that will affect the bitcoin once I think.

[Don Pedro Dinero]

The only point that worries me is the last one. News can make the price go up or down and are somewhat unpredictable, I don’t see the point about futures, volume can change at any time and graphs can look many ways depending on your imagination.

Let’s see how the Tether thing ends up though, I’ve seen people defending it’s not fake money but it doesn’t look clear to me.

[Sniper44]

I'm just gonna leave this quote from OP in here in a topic shouting  "SELLL!!!!!!!!!...."

Now we're at $9846, soon at $7000. Don't believe? Just wait

[fabiorem]

Keep screaming, its funny.

[vladimir21]

The only point that worries me is the last one. News can make the price go up or down and are somewhat unpredictable, I don’t see the point about futures, volume can change at any time and graphs can look many ways depending on your imagination.

Let’s see how the Tether thing ends up though, I’ve seen people defending it’s not fake money but it doesn’t look clear to me.

during the crash there were 300million tether printed

[vanish9]

The price is going up right now, where are you seeing a bull trap? It will keep going up, and in fact, there are a lot of news who are trying to push up the price to make it go higher. I am tired of seeing this kind of dip's, and maybe they are healthy, but a lot of people is always panicking.

[btc_angela]

I don't know man. Its looks to me that we are already on the road to recovery and I doubt that this is a bull trap as the OP suggest. If this is a bull trap then let it be, not affected though because I don't have a slightest idea to dump my coins in the next 6 months or so.

I agree that bad new is still here, but they are not going away isn't it? I suggest that this is still a good entry points, the price is still below $13K, I consider it still cheap in my opinion.

The price is going up right now, where are you seeing a bull trap? It will keep going up, and in fact, there are a lot of news who are trying to push up the price to make it go higher. I am tired of seeing this kind of dip's, and maybe they are healthy, but a lot of people is always panicking.

Those who have panicked during the crash is already out of the market, I doubt that they are going to come back because they have experienced a lost already.

[richardsNY]

Did you miss out on buying at the bottom OP? You keep summing up things, but none of them hold any actual value right now. On top of that, Bitcoin's demand isn't just centered at exchanges trading USDT (ahummm, Bitfinex). Asian market follows its own path, and the western market follows its own path. The only thing I can agree on is the fact that USDT is a shady service that at the same time happens to be insanely centralized, but that's nothing new. It's a pest that we should get rid of, but it's not that easy. At least I don't trade Tethers versus whatever crypto coin, so I am not contributing to the infestation of this pest....

[nokati]

- Bad news still around for btc from all corners, but suddenly it jumped from 9,200 to 12.000 if you see the history at highest volume btc exchanges, you see some people bought it in high volumes upto 2000x btc in 1x around same time.
- Futures contract expires Jan 28
-low volume, crash scared a lot of people
- look like ascending triangle
-Tether keeps being printed everyday by 50-100million, and backed by usd. To me it looks like
someone is buying BTC with fake/printed coins.  = Bigger btc manipulation trap.  = these huge btc jumps can only be caused by massive manipulation

That USDT is an scam, is already know.

But about 5-100mil a day.... any evidence or just sucking some crap number out of your ass again?

[erre]

Tether is the only thing that really worry me, but bitcoin have already shown to be pretty resilient, so even if it turns out they are running a fractional reserve scheme at the end bitcoin won't give a fuck.

[nokati]

Tether is the only thing that really worry me, but bitcoin have already shown to be pretty resilient, so even if it turns out they are running a fractional reserve scheme at the end bitcoin won't give a fuck.

as far as I can see, its about 5% USDT, can give a hard smash to bitcoin but not hard enough to distroy the bitcoin, just another 2 weeks of panic sell probably and OP look a likes that scream o shit boot is sinking

[poor-yorik]

- Bad news still around for btc from all corners, but suddenly it jumped from 9,200 to 12.000 if you see the history at highest volume btc exchanges, you see some people bought it in high volumes upto 2000x btc in 1x around same time.
- Futures contract expires Jan 28
-low volume, crash scared a lot of people
- look like ascending triangle
-Tether keeps being printed everyday by 50-100million, and backed by usd. To me it looks like
someone is buying BTC with fake/printed coins.  = Bigger btc manipulation trap.  = these huge btc jumps can only be caused by massive manipulation

Futures contracts are irrelevant. They are cash-settled, and therefore they can't affect the market. Also, the volume is miserable since no one wants to keep them. Apart from that, do you really know that Tether is printing that many dollars everyday? You seem to be repeating some bullshit from very distant past when Bitcoin had actually been rising a few hundred dollars a day. This is no longer the case.

[Tankdestroyer]

Tether is the only thing that really worry me, but bitcoin have already shown to be pretty resilient, so even if it turns out they are running a fractional reserve scheme at the end bitcoin won't give a fuck.

There is nothing to worry about because this and that are two different things. There is also no evidence that someone is buying bitcoin up using the tether printed. Even if that is the case, you are right that bitcoin won't give a fuck to whatever scheme is going on with tether to bring down bitcoin. I hope that some rumors here becomes a fact afterwards, I think it would be fun to see bitcoin go down a little again.

[minersday]

- Bad news still around for btc from all corners, but suddenly it jumped from 9,200 to 12.000
- Futures contract expires Jan 28
-low volume, crash scared a lot of people

You are dumb as hell, this is not a bull trap, this is just a normal pump after a dip.

Are you new in here? well, you do not need to explain anything since i can see it clearly on your Profile, all your posts are pure garbage trying to create panic, so no, you are meaningless for this community.

The price will go up, just like it has always did, and there isn't any bull trap, crash, dip, or whatever you want it to be. Good luck.

[Bloomie]

OP was the one telling people to panic sell when the dip happened. Please for the love of all that is holy, nobody listen to this fool. HODLers always win in the end.

[alyssa85]

I think what people are missing is that most of the crash has already happened - in other words the move from $19,000 to $9,000.

Bitcoin is now range trading between $10,000 and $13,000 and will continue like that for some weeks unless there is some big negative news to upset the markets.

[Nubitcoinerr]

You're the guy that said to spam the lightning network devs. But you're probably right, BTC is heading for another leg down some time soon.

[vladimir21]

I think there will be 1-2x retest to 10k until we can headup higher with some good news