how you see this sudden Green Trend

[udayantha11]

I am seeing this also another bull trap. this is also for temporary purpose. do not invest in the edge/highest peak that will the stupidest work. observe the market.

i am holder so i always refrain from day trading. how about your view this green signal ?

[edisystem]

It's not a sudden green trend. From what i read, its because of Japanese financial giant has fully opened its fiat-to-crypto exchange and the market has reacted positively to the news. You can check read more here https://www.coindesk.com/worlds-first-bank-backed-crypto-exchange-finally-opens-to-the-public/

Also with that BlackRock news.

[Red-Apple]

there is a good chance that we continue to see a lot more of altcoins get dumped hard some more. there currently are a lot of whales who are waiting patiently for this small recovery and the orderbooks to be filled a little more before they can dump a large amount of some of the altcoins they own on the market and the worst part is that the bag holders are also waiting for the recovery to sell at a smaller loss.

[Vit83]

IMHO this is a trap. Don't see any real changes in crypto world:) We see such green candle not far ago. Someone just closed all margin shorts at a moment) Trading volume is still low everywhere. Look at volatility. Maybe I'm wrong and will buy everything higher. But now I'm waiting.

[linkybit]

It's not a sudden green trend. From what i read, its because of Japanese financial giant has fully opened its fiat-to-crypto exchange and the market has reacted positively to the news. You can check read more here https://www.coindesk.com/worlds-first-bank-backed-crypto-exchange-finally-opens-to-the-public/

Also with that BlackRock news.

There is also good news for coinbase so it may also impact positively. We might see some more good news after accepting of security coins and tokens by exchanges.

[AltcoinsBattle]

Previously, each green candle was regarded as the beginning of a large growth. Now this is perceived as a trap. This can make a difference for short-term traders. Med&long-term holders should not pay attention to this until the BTC exceeds 10K$.
Watch, relax and hold.

[MichleDow]

I think that this is the beginning of good growth. Maybe not at $ 20k but I'm pretty sure that Bitcoin will reach $ 10k. A lot of positive news came out on which the market did not react, but now started. I think that just because the majority thinks this growth is fake, we will go for $ 10k, because the market always works against the crowd.

[Orrechorre]

IMHO this is a trap. Don't see any real changes in crypto world:) We see such green candle not far ago. Someone just closed all margin shorts at a moment) Trading volume is still low everywhere. Look at volatility. Maybe I'm wrong and will buy everything higher. But now I'm waiting.

I also agree with you and the best thing to do is to wait patiently until when you see very positive rise in the crypto market because I believe this is just another manipulation and we should not fall for such.

[democity]

I am seeing this also another bull trap. this is also for temporary purpose. do not invest in the edge/highest peak that will the stupidest work. observe the market.

i am holder so i always refrain from day trading. how about your view this green signal ?

Today it is a good thing to find that the market is green. I've been looking forward to it for a long time. Of course, what I'm worried about is just like yours. It's not clear whether it's another trap.

[akosipepot]

Previously, each green candle was regarded as the beginning of a large growth. Now this is perceived as a trap. This can make a difference for short-term traders. Med&long-term holders should not pay attention to this until the BTC exceeds 10K$.
Watch, relax and hold.

I do not think this is a trap. I think this green trend is part of the correction to get BTC towards it true value. It is therefore likely that this may not hold for very long but at the same time it could equally escalate towards the 10k cap.

[Lerikaweb]

For those who bought tokens at low prices, now it is a good time to sell. I mean why not? If A trader thinks he made enough he may sell and stay happy. I'm not a fan of the hodl strategy.

[Pecunia non olet]

After recent big pump I am waiting for big drop back to the 6000$ at least. So guys current situation looks like a good opportunity to short Bitcoin .

[danbitcoin1]

I don't think it means too much yet, it pumped like this a couple of months back at around the same price. We'll have to wait and see.

[qidai9]

The market still needs to observe that the red market, which has been going on for a long time, should also rebound. Perhaps just a rebound is likely to be a trap. So don't rush to make any decisions.

[Brequir]

I think investors should wait for some time. Actually this sudden green trend can be a trap or normal but we cannot say anything now so we need to wait. Moreover investors do not need to buy at a high price as we are seeing a downward trend this ye

[MikeyVeez]

Everyone says that this is the reversal and we are going up and up and I see that it is probably another bull trap and we have to go down again to find the bottom.

[BounderbyMAX]

Keep an eye on the market. Gather data and analyze. Green trends can be positive and BTC might rise upto 20,000$ again.

[Youggairch]

nothing happens suddenly here, everything has a proper effect of investors previous activities, this is definitely a good news if it actually happing it will be helpful for the users but I am eagarly  waiting to see that how long this green trend prioed will last in the market

[antogen123]

The sad thing is that you don't know what to pay attention to . And how manipulated I do not understand yet . But I do not panic and wait

[Beffm]

It is better if you wait and observe market. Not all the green trends can be trap, BTC's price might again skyrocket if they keep recovering at current pace.