Could this be the sign of bull run?

[dumplingsandsushi]

It's hard to tell.  One thing that I am worried about is that there is so much anticipation for the next bull run that we all might collectively end up screwing it up.

For example, higher volume and congestion on networks and blockchains drive transaction prices up, which exchanges compensate for by increasing withdrawal fees.
As people are overly eager to take advantage of opportunities, this flooding of the market will cause more strain and the result being a lot of frustrated traders "cooling off".

I see it as a black friday type situation (the day after thanksgiving in America were there are a lot of sales and people make a mad rush to shop for christmas).
Everyone is waiting outside and excited.  Once the doors to the store open, there is a mass rush of people through the doors.
Obviously, not everyone can make it to the deals on time and a lot will end up regretting their decision to do the whole black friday thing to begin with and decide not to participate.

Might be a strained relation, but bull runs are better when it is more steady growth rather than huge spikes.

I'm thinking this might be a situation like last April, a kind of "mini bull run".

[ballerin and giroud]

In the crypto market is always a lot of surprises, hope is a thing we will always want. That's true, the crypto market is now up by a few percent, bitcoin leaving $ 5900 in 2 days. But I think this is not the end of the downtrend, we will feel the next downtrend and we have to be prepared with the situation.

[survey01]

Why, it is my opinion that since the crypto-currency world will soon rise up, there have been periods when I close with about thirty percent gain after seeing these levels in the recent past.

[alinerusinova]

This happens not for the first time. And such situations already took place not a long time ago - whole april were signs to bull run. But...
Maybe this is another trap for those who is waiting to bulls. You know, every bear today will change to bull tomorrow if he will see more and more bulls

[knuckey]

some people agree and believe that the bull will come, but I doubt it and maybe this is just a temporary pump. stay patient and do not rush.

[EugeneReigns]

I think today was some speculation move that resulted in a significant pump because it was without any reasons. There were no volumes for such a high pump. That is why I think we should be very careful now with trading. More likely we will see a slight roll back in the upcoming time. But definitely, we will see a bull run soon. I would actually wait for Ethereum to roll back to 430-450$ and buy it.

[jossiel]

I didn't noticed that the fees were high again now. Like what happened last December 2017 the fees were high and everyone is crying about it.

It had a resemblance with the fees before when bitcoin is on ATH. I don't want to say that this is the sign of the bull run.

I just want a bull with low fees.

[bitlover07]

I hope the price still get to increase.This is a great opportunity for the investors to invest in this field

[malikusama]

I am not expecting any bull run now like previous one (last year), the market has changed a lot.
According to me there is high saturation in the market now which is in fact good for market and cryptocurrency users, now it will be quite difficult to create pumps in a short period of time.

[Denreal]

The present market dynamics seems to be different from the previous. Although, it might look like, but this is not a sign of bull run. Bull run might still come, but first, we need stability in the market.

[babyaia]

I can't say that it is a sign of bull run it is too early to tell let us wait for more corrections,hopefully it will continue to inrease the price in the market.

[askmecrypto]

Networks are becoming congested.
Gas prices have increased.
Exchanges have increased their withdrawal fee.
The prices of bitcoin, ethereum and some other altcoins are gradually increasing.
Does it now mean that bull run for this year is imminent?

These are some good observations I agree to this. This shows how the market is getting ready for the next bull run and how everyone is fitting up to make the most of it.
I am still not very sure about if we are really close to bull run, however, I still expect to see a new ATH before EOY. All we can do is hope!! 

[JCLee]

I hope so ). We have been in this terrible time for months and I think this is time for us to get out of this downward trend. At the moment although price of BTC and ETH don't increase so much but I think it's a little bit to help investors and traders don't become panic sellers . Waiting to see BTC reach to $50k in this year )

[jalaaal]

Networks are becoming congested.
Gas prices have increased.
Exchanges have increased their withdrawal fee.
The prices of bitcoin, ethereum and some other altcoins are gradually increasing.
Does it now mean that bull run for this year is imminent?

it is possible, and we can make this as hints for the possible things that might happen in the market, but let's just hope that its prices will continue to increase.

[Tylev]

Networks are becoming congested.
Gas prices have increased.
Exchanges have increased their withdrawal fee.
The prices of bitcoin, ethereum and some other altcoins are gradually increasing.
Does it now mean that bull run for this year is imminent?

Yes, today I tried to list my tokens on the IDEX exchange and despite the fact that I decently increased the number of gas, the transaction hung for almost a day. Apparently the networks are really overloaded.
There are also many signs that the crypto currency, and above all bitcoin, will soon be submitted to bull races. It can even happen in the next few weeks. About. This is also evidenced by the behavior of bitcoin in the last few days. Contrary to the forecasts that bitcoin will fall, and significantly - up to $ 2,000, bitcoin, on the contrary, has risen from less than $ 6,000 in the last few days to the current rate of $ 6,583. Maybe he is really preparing for a good growth?

[d5000]

Networks are becoming congested.

Well, let's see some facts:

Bitcoin Transaction Rate

We can see that the transaction rate is still low compared to 2017: 2,1 to 2,3 transactions/second are coming through. There is a very slight increase with respect to April (the 1-year-low, about ~1,8-1,9) but it's still far below the values recorded in 2017, even in the early months of the year. Segwit allows 4-7 tx/s, so Bitcoin is far away from being "congested" at this moment.

So I guess you refer to Ethereum - but there a congestion and Gas price increase is only logical, due to the popularity of ETH as a platform for ICOs which are bloating the blockchain. (If this chart is correct, it may be however a short-term spike.)

The prices of bitcoin, ethereum and some other altcoins are gradually increasing.

Well, they are at a very low level still, albeit it seems that a short-term bottom has been reached.

Does it now mean that bull run for this year is imminent?

My personal conclusion is no. I would like to believe that the $6000 area was the bottom for Bitcoin in this year, but there is still too much capital "sunk" in totally inflated tokens and clone-coins that will never succeed. There was already some market shakeout, but I guess the shakeout will continue some time more.

Bitcoin may not fall much with respect to the low of $6000 (I guess $5000 is a good mark, with a likely short-term drop down to $3000 at most) but most altcoins - and above all, "tokens" - will still continue to fall.

[batang_bitcoin]

Demand is increasing but the thing about the fees, are they really that high? I don't think that transactions are high as of today. It's lite and quick so that's why bitcoin transactions are better than ETH today.

Many says before that ETH is faster and cheaper than bitcoin transactions but you can't stand with that statement about it. The bull run hasn't been seen so far so if this is just a sign of the bull run, wait for it until bitcoin and other altcoins goes all time high.

[automail]

I think it is. Another bull run is set to come up and it can be this year. If they exchanges are increasing their fees, it only means the demands were getting higher and they are increasing their capability to handle all of the transactions. They are getting ready for something big. Hopefully our assumption will be right for the good of all people who are about to quit crypto.

[zerocashdev]

I believe that these factors do not greatly affect the global trend change, so the market is now in the flat and talking about the rapid growth does not make sense.

[electronicash]

we expect so much of the next bullrun but last year we didn't actually did. that is because we it will happen the least we expect. who knows it might take 2 to 3 years before that happen so trade more and accumulate as much as you can before that happen.