The market goes up or bull-trap ?

[Kidmat]

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

The market is not going up strongly. In my opinion, the bear season is still ongoing, and I think this small ascents are not the sign of the season of the bulls.

This really means the market is volatile we do not know yet what price it will heading. Yes it could go down trend still but we can hope for the bull season coming. For the mean time we can wait when price arise to happen.

[sam53]

The basis is also true in this case. The market for April has risen sharply due to many factors, and there is a lot of bull-trap skepticism. But now the exchange rate has dropped, and there have been no signs of recent increases. Hope bull market and the exchange rate will recover at the end of the year.

[kenzio2016]

well in bearmarket like these days, even small movement is gonna bring profits. is it bullrun or no, cutloss is still the worst option to do. so just hodl and be patience

[DevelopmentBank]

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

It's more complicated than simple minded analysis like "bull trap." There is actual data behind the market trends you can use instead of wildly speculating based on nothing. The market crashed because of a postponed ETF announcement. However, if you look close, the value of the entire market rose when it neared the ETF announcement date. Don't you think that it's natural that we would expect an increase in value again once that happens again by Sept. 30?

I can't stress enough how now is the time to buy. Once bitcoin ETF is approved there is no telling where BTC value will be pegged at.

[tranquyen123456]

It may take some time. I will continue to invest more money when there is a clear trend. Now the ups and downs are unpredictable, everything is being manipulated

[BlackSociety]

It must be a trap. Now the market is likely to continue to decline, and the chances are great. Don't worry about buying coins. The market will continue to decline.

[active706]

It must be a trap. Now the market is likely to continue to decline, and the chances are great. Don't worry about buying coins. The market will continue to decline.

No, I don`t think so. The crypto now stable low, and the price is very low. I think after integrating crypto in ETF it will be great rising in the price. So, invest now, and be patient to make the profit.

[BTCeminjas]

For me its designed to make people believe the value of a tradeable asset will increase spectacularly. Bull traps can be very dangerous for anyone who is trading with a larger portfolio. It doesn’t matter if you are a novice or professional trader, anyone can become a victim of a bull trap. Technical analysis can indicate bullish momentum is about to materialize. Some people will jump on these opportunities the first chance they get.

[ning_aric]

Lots of manipulation going out there in the market,  whales keep on putting bull traps  turning bitcoin trading to daily pump and dump coin,  but I'm pretty sure that it can't be going on like this,  things will get better

[_crypto_moon_]

The whole crypto-market is a trap. Joke! The growth of the crypto-market as well as the growth or decline of any other financial industry is a common phenomenon.

[allanaire]

Nothing like it really began to grow, has passed a period of stagnation, there are several interesting projects that are worth investing in.

[catterpillar07]

The bull trap was for the last year. The end of 2018 will be the truly rise. I'm sure.

[CrFinances]

The cryptocurrency market has undoubtedly started to grow. This is not a trap, it is the law of the market. And the one who now invests in cryptocurrency undoubtedly does the right thing. As in the usual stock market, the cryptocurrency market is subject to sharp fluctuations, it is beneficial to large investors and cryptocurrency speculators. This is a normal process.

[jho0810]

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

It's hard to say if it's a bull trap or a market really going up. But still many people believe and hoping that bull run will this year because we have three months before year ends.

[profitmax]

My opinion is that it's a setup. Now large investors are buying in large volumes, so that the price grows, and then begin a mass sale as soon as they see that people believe and carry their money. But in the long term, the cryptocurrency market will grow.

[ajdaj]

My opinion is that it's a setup. Now large investors are buying in large volumes, so that the price grows, and then begin a mass sale as soon as they see that people believe and carry their money. But in the long term, the cryptocurrency market will grow.

it is definitely an artificial manipulation. In this way they want to bring down the price to a minimum and purchase large amounts of crypto currency. It will still then have a very high demand and a great price.

[BITSPANISH]

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

As of now, September 2018 and the current market rates fall rapidly. And it can be said that it is bull-trap. Large capacity in 2018 prices will recover slowly and can not be bullied. So you should expect the market to rebound in 2019. I think the market will recover in early 2019.

[galundan9]

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

As of now, September 2018 and the current market rates fall rapidly. And it can be said that it is bull-trap. Large capacity in 2018 prices will recover slowly and can not be bullied. So you should expect the market to rebound in 2019. I think the market will recover in early 2019.

I personally also think so and I agree with your answer that the market today has given us many traps, we must be smart in analyzing current market movements. do not rule out the possibility that indeed if you see conditions as they are now continuously, at the beginning of 2019 a new market will be able to truly recover. but if in the near future or early next month if the market conditions are already rising, at the end of the year we can take advantage of the previous year.

[CryptoXis]

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

The market will only goes up when SEC will approved the ETF proposals. Many investors are considering it and market will goes up sooner. Just wait by end of this September and lets see how will be the market recovers.

[Mihaylovic]

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

the market is still bearish. no one knows how long it is going to go on like this. but for bullish market bitcoin price have to reach over 8200 usd and also total market cap should be above 300 billion usd. in this case people can start to trust and invest in.