I have a good feeling about this rally!

[edulord]

I am frustrated with the current market. Many people say that the market will usher in a new opportunity in July, but I have not found any good news! The market continues to fall, this is the truth!

Why do you have to be frustrated? It is not like it is the end of the market as a whole as there is still room for more opportunities in the future anyway. The fact that the market is falling now does not mean it would be like that forever. However, it is important to note that this feeling of frustration is actually the target of the whales, while they make the weak investors dump at loss, and then they hit back with a huge pump.

Based on what OP said though, I am not going to be classifying this current pump as something to look forward to an uptrend, as it looks weak and it is obvious the bears are still somewhere around. If the bulls want to make any serious move, I guess, we would need to hold $6300 region as support with current market situation and break the $6800 resistance in coming hours, otherwise, we will get to see if indeed, it was just a dead cat bounce.

I definitely agree with your suggestions and do no see why you should be frustrated because even if it might take a lot of time before the market will recover and the price of the coin become stable, I still think you should exercise more patience as the market will recover from the bear and the bull will come in.

[1714610421]

1714610421

[1714610421]

1714610421

[Abeleez]

I respect everyone wants the market to moon

But

The rally was bot induced

There is no real demand for Bitcoin

If the run up to Bitcoin 6800-7000K FAILS this market will correct with a vengeance and destroy everyone’s hopes and dreams.

Professional traders are not trading in the the 6000-7000K Bitcoin zone: it is extremely dangerous and the intentions of the the bots and whales is unknown!

If Bitcoin is rejected at 6800-7000K the Alts will go down in seconds: The only thing that will save you is a stop loss.

One day the market is bearish the next it is bullish. If the bears come in - OMG!

Yes I so much agree with you on the analysis. The slight upward jump is a good thing. I foresee an upward move to more than 7000 in the next one month. The current bear situation has stayed for too long.

[el kaka22]

There is no real demand for Bitcoin

There's no demand for bitcoin.

Yeah there's really no demand for bitcoin. Last time the price was $5,800 to $6,300 and now $6,600?

There's no demand. Ok

As much as I understand what you are trying to get at, I also understand what the OP is trying to get at lol. With this market currently, anyone trying to get in is going to have to be taking a lot of risk. This is not the first time a break out is manipulated and it is simply a way to get to squeeze out a lot of inexperienced traders and investors who are just busy gambling the market.

With a market like this, it is always better to wait for a very good confirmation before getting in at all. We may say there is a demand, but we cannot be so sure if it is a real demand or a bot induced one like the OP said.

[md.falkone]

I respect everyone wants the market to moon

But

The rally was bot induced

There is no real demand for Bitcoin

If the run up to Bitcoin 6800-7000K FAILS this market will correct with a vengeance and destroy everyone’s hopes and dreams.

Professional traders are not trading in the the 6000-7000K Bitcoin zone: it is extremely dangerous and the intentions of the the bots and whales is unknown!

If Bitcoin is rejected at 6800-7000K the Alts will go down in seconds: The only thing that will save you is a stop loss.

One day the market is bearish the next it is bullish. If the bears come in - OMG!

I don't agree with you that there is no demand for BTC, for this moment just there is no such volume as was in the winter, but this matter of time if you think so, then you will lose.

[Seano]

If there would not be a demand, BTC would not exist already, and people did not trade on stock exchanges. The market is waiting, because this is a stupid conclusion. When BTC starts to grow, it will be backed up by a demand and the price will go up.

[Febo]

One day the market is bearish the next it is bullish. If the bears come in - OMG!

It dont get like that.   It is like a Year is Bearish and then a year goes sideways  and then 2 years is bullish. That is a normal Bitcoin cycle. Well it can also go half year and half year and 1 year.  Predict the pace of this current Bitcoin cycle is basically what is all about and only thing that Bitcoin holders actually care. What is happening from day to day no one does care really.

[Fenderr]

I think there's demand for bitcoin howbeit low. The current rally might be sustained but it's good for some replenishment as there was too much 'blood' on the streets, people lost thousands of dollars and were hoping to recoup some of the losses made already.

[JunMel]

The market will eventually go on a bull run it’s just a matter of patience we are down 600 billion from last year overall market cap that is nothing we can get into the trillion  in a couple or month  with a nice bull run going

I don't have bad feeling of what happening in market now. In my own opinion this the start of bullish run.it is a good indication that market is now going up again. Hopefully it will continue climbing up so that everyone will be happy.

[ajdaj]

The market will eventually go on a bull run it’s just a matter of patience we are down 600 billion from last year overall market cap that is nothing we can get into the trillion  in a couple or month  with a nice bull run going

I don't have bad feeling of what happening in market now. In my own opinion this the start of bullish run.it is a good indication that market is now going up again. Hopefully it will continue climbing up so that everyone will be happy.

of course, those who made investments during the last period of time will be happy. Thus, any high prices for crypto currency will bring good profits. But I very much sympathize with those users who invested their funds in late 2017.

[liuqi]

I respect everyone wants the market to moon

But

The rally was bot induced

There is no real demand for Bitcoin

If the run up to Bitcoin 6800-7000K FAILS this market will correct with a vengeance and destroy everyone’s hopes and dreams.

Professional traders are not trading in the the 6000-7000K Bitcoin zone: it is extremely dangerous and the intentions of the the bots and whales is unknown!

If Bitcoin is rejected at 6800-7000K the Alts will go down in seconds: The only thing that will save you is a stop loss.

One day the market is bearish the next it is bullish. If the bears come in - OMG!

If you talking in current situation so this is not a valid reason. But suppose know Bitcoin is reached in 15k USD everyone trust this platform. It is decentralized platform so anytime this will going to moon at the same time some big whales plan to reduce the demand may this will raise next month and I hope bitcoin is never fails in future.

[Tuturtinular]

I also believe that bitcoin will step on the gaz again and go to the moon in the next few months as I see in this month there has been an increase as well as altcoin that keeps up with bitcoin prices.

[tukagero]

Your feeling about bitcoin sudden pump is different on we are feeling. Im feeling the good vibes , bulls are slowly enterung the market and will drive the price to go a little bit higher .

[33bitcoin]

I also believe that bitcoin will step on the gaz again and go to the moon in the next few months as I see in this month there has been an increase as well as altcoin that keeps up with bitcoin prices.

We are gearing up for a massive bull run.  That run up in December was nothing compared to what will happen.  Most experts are predicting the total crypto marketcap will end up being in the trillions.  Consider gold has a total vlaue of 7trillion or so, it's very reasonable bitcoin can amount to at least half that.

[Davil]

Beware! price slowly decreasing now.

I'm confident that Bitcoin will hit new ATH's sooner rather than later, but there is no doubt that waiting for a clear reversal and hodling long time is quite painful somehow.

Go go go institutional money 

[canaveralnonie]

I respect everyone wants the market to moon

But

The rally was bot induced

There is no real demand for Bitcoin

If the run up to Bitcoin 6800-7000K FAILS this market will correct with a vengeance and destroy everyone’s hopes and dreams.

Professional traders are not trading in the the 6000-7000K Bitcoin zone: it is extremely dangerous and the intentions of the the bots and whales is unknown!

If Bitcoin is rejected at 6800-7000K the Alts will go down in seconds: The only thing that will save you is a stop loss.

One day the market is bearish the next it is bullish. If the bears come in - OMG!

Over thinking can kill your happiness and peaceful mind. So dude, don't make simple things to be  complicated. Chill and Hodl your emotions, not only altcoins or bitcoin.

[ApocalypseNow]

I respect everyone wants the market to moon

But

The rally was bot induced

There is no real demand for Bitcoin

If the run up to Bitcoin 6800-7000K FAILS this market will correct with a vengeance and destroy everyone’s hopes and dreams.

Professional traders are not trading in the the 6000-7000K Bitcoin zone: it is extremely dangerous and the intentions of the the bots and whales is unknown!

If Bitcoin is rejected at 6800-7000K the Alts will go down in seconds: The only thing that will save you is a stop loss.

One day the market is bearish the next it is bullish. If the bears come in - OMG!

Over thinking can kill your happiness and peaceful mind. So dude, don't make simple things to be  complicated. Chill and Hodl your emotions, not only altcoins or bitcoin.

Indeed. Why not choose to be happy? People are so pessimistic, they see a drop they feel bad but when it goes up, they feel much more worries. If it is a bull trap then it is because if it happens then it will happen.

[WHTP]

Newbie question. But what exactly is a bearish and bullish? I do know that bear is negative in crypto.

[passwordnow]

There is no real demand for Bitcoin

There's no demand for bitcoin.

Yeah there's really no demand for bitcoin. Last time the price was $5,800 to $6,300 and now $6,600?

There's no demand. Ok

Pumps by manipulators: Retail demand is dead FOMO bitch!
You can look back at this post and eat my grits!

Watch your words.

You are a FUD period

Yeah I can look back at this post when bitcoin hits new ATH and will laugh on how FUD you are and will watch your bandwagonism attitude soon.

Newbie question. But what exactly is a bearish and bullish? I do know that bear is negative in crypto.

Bearish = down
Bullish = up.

[onrise]

Your feeling about bitcoin sudden pump is different on we are feeling. Im feeling the good vibes , bulls are slowly enterung the market and will drive the price to go a little bit higher .

It is a good sign that after the fall the market has started to rise and that too cautiously it is not rising suddenly by 1 or 2k points which can be more dangerous at times then small rise which is happening currently. It is also getting stable which is again good sign with rising prices.

[tng811]

It is a good sign that after the fall the market has started to rise and that too cautiously it is not rising suddenly by 1 or 2k points which can be more dangerous at times then small rise which is happening currently. It is also getting stable which is again good sign with rising prices.

I hope you are right and bitcoin will slowly pass $7k, but I am also prepared to see if the market will drop again below $6k.