this is Bull trap

[tmoney88]

There are all kinds of predictions for bitcoin out there. you can't really trust anybody's predicition. But I think we all can agree that we are either nearing the bottom, or have hit it already. And we will see a big bounce or rebound at some point. Whether its starting now or end of July we can't really know. As always, invest with caution, but do it on projects you believe in for the long term. Not just "get rich fast" schemes.

[asriloni]

Do not panic. this is bull trap. short time increment of alt and bitcoin. please be alert to invest.  suddenly the market can goes to deep red again. because the red dip still not over


= end of July most probably this dip period may be over

= most are predicting 5000$ is bitcoin lower so ready for it.

=accumulation period also now

=for day buy back traders face good.

It looks like that, but this has already happened at the first week of this month when the price of bitcoin getting a little bump and there was a bulltrap. And it looks like a similar thing with it. I just try to be careful with anything that happened in the crypto. This instant jump is a bit strange.

[danbitcoin1]

Could be, seems to be what keeps happening lol. Goes up 5-10% and then dumps 10-20% haha, bad times.

[hyadumadha]

Yeah lets hope its true, I already prepare fiat to buy some assets, I also agreed the end of June is the time.

[steplaza]

probably it is so, I expect more downtrend to come due to summer holiday, but it's also true we hit a bottom point so it may recover a little and trigger a bull run

[Jolly_Trader]

Yeah lets hope its true, I already prepare fiat to buy some assets, I also agreed the end of June is the time.

Your optimism is amazing ... for me everything says that the market will fall, but you are waiting for growth in the near future ... please tell me, why will the course grow?

[BADBITCH]

I think this is just a normal uptrend when the sellers are more determined to sell at a better price and have their profit.
So even though it sounds as a trap, its still positive and BTC already went below 5,000$ during the down trend.

So normal instructions is the same, invest wisely, do your own research always, and RUN AWAY FROM GREEN CANDLES.
Goodluck.

[Shenzou]

Do not panic. this is bull trap. short time increment of alt and bitcoin. please be alert to invest.  suddenly the market can goes to deep red again. because the red dip still not over


= end of July most probably this dip period may be over

= most are predicting 5000$ is bitcoin lower so ready for it.

=accumulation period also now

=for day buy back traders face good.

I mean we can't say anything for sure, the market can still goes down as you said or just surprises everyone and keeps going up, this market is really unpredictable and any good movement in the prices can't just be taken as bull trap, and also can't be taken as a recovery for the market, but it is always good to stay alerted and positive and take opportunities like this for those traders to get some profit, i mean it is money after all.

[BQ]

I actually hope it's a bull trap as I was planning on putting in a bit of money and suddenly the market spiked,
but we've not seen any "instant drops" yet even if it's been 2-3 days, while the last few weeks has been up-down within a day.

at some point, it'll start going up and not go down(atleast not for a long time). what's to say it wasn't today?

[Collinberg]

I remember the last bullrun, now that was a bulltrap. Price rose too rapidly but this time, the prices are rising very gradually and normally, so I think this is the real deal, but only time can tell.

[udayantha11]

Do not panic. this is bull trap. short time increment of alt and bitcoin. please be alert to invest.  suddenly the market can goes to deep red again. because the red dip still not over


= end of July most probably this dip period may be over

= most are predicting 5000$ is bitcoin lower so ready for it.

=accumulation period also now

=for day buy back traders face good.

I mean we can't say anything for sure, the market can still goes down as you said or just surprises everyone and keeps going up, this market is really unpredictable and any good movement in the prices can't just be taken as bull trap, and also can't be taken as a recovery for the market, but it is always good to stay alerted and positive and take opportunities like this for those traders to get some profit, i mean it is money after all.

yes we cant say , but i think their will be more dips sure. only two months gone so we can not expect a bull run now. yes i too get small profits from eth. but i do not go for longer , because day trading is rick always

[makladun]

I suppose it is a new market with new rules for it. IMHO today many big players try to manipulate it, so it is hard to be sure if we see a bull trap today or the bears can still win. We just need to be careful.

[Tone147]

I think it's at the bottom now, so the bull market is coming.
People don't always believe that the bull market has come, and more and more financial institutions are paying attention to the changes of the market.

[pmf026]

Do not panic. this is bull trap. short time increment of alt and bitcoin. please be alert to invest.  suddenly the market can goes to deep red again. because the red dip still not over


= end of July most probably this dip period may be over

= most are predicting 5000$ is bitcoin lower so ready for it.

=accumulation period also now

=for day buy back traders face good.

Not a bull trap. But after 7100 expect a drop, yeah.
What pisses me off the most is stupid low volatility, I hate it. I can't make money, and its so easy to lose (on fees and stuff), $50 range and spread games..to hell with that!!

[baduday1991]

Do not panic. this is bull trap. short time increment of alt and bitcoin. please be alert to invest.  suddenly the market can goes to deep red again. because the red dip still not over


= end of July most probably this dip period may be over

= most are predicting 5000$ is bitcoin lower so ready for it.

=accumulation period also now

=for day buy back traders face good.

Well I am not panicking I always knew when to get position perfectly using technical analysis and I am for long term trade not for short term there are big possibilities that it could be a bull trap but if the chart continues to make higher high and higher lows and break around $7000 for sure it the start of the bull market.

[pmf026]

I think it's at the bottom now, so the bull market is coming.
People don't always believe that the bull market has come, and more and more financial institutions are paying attention to the changes of the market.

Looks like the bottom, but I don't think it is. Also we got a bear cross on weekly and we're still in a death cross on daily. Well, if the bull market has come, this will be the weakest we've seen so far. More like, castrated bull market

oh and, Nobuaki Kobayashi/Mt.Gox will start unloading in September. Don't forget about that one)

[alian17]

I don't think it can reach the height of last year. BTC will be adjusted at this stage. But there is still a way to go if you want to get the price up. Let's see what's going to happen at the end of the year.

[tamango]

I think that every prediction about BITCOIN and altcoin are very very not affidable... I am a long term investor so I simply accumulate coins in periods like this...if market will go even deeper down I don't care too much....

[pmf026]

Let's see what's going to happen at the end of the year.

Probably nothing much until BTC gets above 200 day moving. Won't be easy.

[olric]

wait for an other deep and collect if you still had cash then