The market goes up or bull-trap ?

[7788bitcoin]

The market goes up  or bull-trap ?
You guys have any opinion about this ?

Just forget about the bull trap and other technical speculations, if you think that the price of a token is under valued, you can enter it and wait for the market to recover and that is the only important thing you need to look, the market will recover after every correction, as an investor just look for the long term rather than the short term if you are planning to make any profit.

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[Vladv26]

So far no one knows. There are a lot of experts who try to predict what is going to happen these days but seems like they are all wrong since the market changes every time and doesn't want to follow any path from the past years. It's good that now price varies around 9000$ and not 6000$ but still we have to expect at a big crash because bulls can't break the resistance line of 9500$.

I think we have to wait a few more weeks until next bull run is going to start because that is surely going to help bitcoin to break any resistance line and increase a lot.

[Osiris0]

I think that the train of crypto has started the great run on the moon. But we will defenitely have some stops to get rid from those who have scared...

[Renskin]

if you are a trader then you will not care about growth or decline. but if you do not understand trading should not worry - today's growth - tomorrow's decline - but in the future you are all exactly in the plus

[Nekroser]

Already had a similar growth to 10k like in March. But then bitcoin went back to a new minimum of 6,300 dollars. So now there can be a turn back down. I bought in part to minimize the risks.

[xuzukami]

In my opinion, this bull market is the market for whale sharks, they try to push prices higher and to a point they will discharge the BTC and ETH to the market. So we should be careful not to lose money because of lack of experience.

[SummerBliss]

The way market is going a periodic correction, I think cryptocurrencies are at accumulation stage. Every time Bitcoin hits $9500+, it undergoes a correction to $8700 level and then again pumps back. This means Bitcoin is trying to gain some momentum before the final leg. Since, whole market is dependent upon Bitcoin' movement, altcoins will also boom with Bitcoin gettting pumped. I would say we are building a momentum for the bull cycle and right now, we haven't reached there.

[Oasisman]

The market goes up  or bull-trap ?
You guys have any opinion about this ?

Just forget about the bull trap and other technical speculations, if you think that the price of a token is under valued, you can enter it and wait for the market to recover and that is the only important thing you need to look, the market will recover after every correction, as an investor just look for the long term rather than the short term if you are planning to make any profit.

Absolutely, specialy to those investors who only put their money to a certain coin and hold until it multiply their capital. Price movement in a daily or weekly basis doesnt matter, as long as you are confident with your coin potential to recover anytime soon and will hit your target mark.

[VikAn80]

Most likely it's a trap, but yet again, there are tokens which are not amenable to the action of bulls, for example the Ethereum. I haven't seen to much sagged or grew rapidly.

[Cryptokingind]

I think market going up and it is just start of bullish market, This market is come out from correction-mode, If any positive news comes at this time then it can helps to achieve new high levels in my opinion.

[FishsHumnsToo]

Now just to say no one can. But there are such opinions of experienced investors that now, thanks to this prolonged correction of the market, a platform for entering the market of large institutional investors and bankers is being prepared. And they the know, that make, and will buy bitcoin on comfortable price) So there is every reason to believe, that now will still fall, perhaps to levels roughly $5,000 But already now, think can be gradually buy, if there is the free fiat.

[Razick]

Another bull trap for me, the prices are recovering way too fast at this point, which means that someone, somewhere is manipulating the prices and as soon as it gets to the price of their target, then they will be dumping the coins that they have bought which will send the market into another bear. People shouldn't get their hops up too much.

[Atang Sulaeman]

the increase for each end of the
year is very much awaited because this is a great opportunity to collect
it and release it at a high price or you can hold it until you have the right price for its freelance.

[bawa_23]

No one knows about this, even experts speculate about the situation. It depends upon you if you think coin is undervalued you can buy it & wait for it to rise, it can be a long term investment. Market is volatile, market is in correction, bull will soon & reach the moon. As altcoin depends on Bitcoin & it is stabling now & it will reach to new level.

[Dobriy 4el]

so far early to speak whether the market grows! but the fact that we don't fall inspires a little confidence. studying fractal models I have come across one very similar model on a present situation! and now on this model there has to be growth

[namlong]

Another bull trap for me, the prices are recovering way too fast at this point, which means that someone, somewhere is manipulating the prices and as soon as it gets to the price of their target, then they will be dumping the coins that they have bought which will send the market into another bear. People shouldn't get their hops up too much.

I also do not really believe that the trend of the market has changed to a bullish one. Everything is very similar to the one more trap .. we continue to wait for growth further.

[batagor225]

this is not a trap even this is our lucky time, one expert is to predict the market will be green starting August and everything will happen

[fulmetal08larz]

Since this post was in April, it was a bull trap. Anyway, the current market movement is unclear. Investors are still undecided about BTC and other coins. They could be waiting for another confirmation before we would be seeing another bull run. Possibly, ETF will have an impact on whatever the outcome of this sideways movement.

[favelle75]

Its not a bull trap. Market is now green and it will continue more and more.
Also do not forget that halving will happen in 2020. bitcoin just started a new trend and fomo will start when it hits 10k $ level.

[jyotianand01]

It is not a bull trap as market start rising after finding its support level and now G20 meeting is coming around and we hope a positive news from it and if that happen then a new big bull run start for this market.