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Author Topic: Bull trap? or Bull run BTC breaks $8000  (Read 385 times)
cryptowolfsu
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July 24, 2018, 09:56:56 PM
 #21

Well, the ETF decision has been pushed to September, so it is still awhile to see if that will have any significant impact on the market.

Mostly, I think after seven months of crashing and slumps, people will take any news as hope.
This can be a good and bad thing as it can jumpstart confidence in the market again which can grow into a full on bull run.

Of course, it can also be bad because it can easily lose steem quickly, then people lose confidence, start hodling again, and it crashes.

Me, personally, I feel like this is the gradual start of our next bull run that will culminate around october or so.
Crypto isn't dead by a long shot.
Btc especially has got one or two more crazy bull runs ahead.
The timing is really right and things are looking to be pretty crazy in the next couple months.

I am not aware that the decision has been pushed for September, as I know 10th of August is still valid.
Agree on perfect  timing, but this time BTC rise is not fully followed by Alts and BTC is strengthening
it`s market  dominance from 42 to 47n last six days. ( almost 1 % / day ). If this trend continuous early
 August we can easily see around 55% BTC market dominance.

sam53
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July 24, 2018, 10:02:13 PM
 #22

The market is bull market due to signs of growth for a very long time and this time it seems to be on a growth track and expects the next two to three months. $ 20000 and the possibility is great. Therefore investing in BTC has never been so good to hold until the end of 2018.
jonval21
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July 24, 2018, 10:06:44 PM
 #23

hope that Bitcoin is in a Bull run, maybe the bear market is over.
antolinicio1
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July 24, 2018, 10:15:29 PM
 #24

At the moment there are many good prerequisites that the situation on crypto-market is arranged. But you shouldn't hurry with conclusions. The market more than once deceived us for the last months. It seemed that growth begins, but it all the same fell down. But I hope that he has recovered right now!

Long Bitcoin , Short the Bankers
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July 24, 2018, 10:38:18 PM
 #25

This may be a warm up. A slight increase in price is momentum building up. But a dip may occur in August as history would show. But then, we know what happens after that right? The bulls will break free and they may go on not just a run, but a rampage...in a good way that is! We are expecting good things to happen within the coming months so we should check on our game plan if we are trully prepared.

murtadhogaul
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July 24, 2018, 10:43:41 PM
 #26

the latest info currently bitcoin reach $8285 please see at https://coinmarketcap.com/currencies/bitcoin/ hope this be a good start for the investors in the world crypto, I hope the price last year again can be repeated.
batang_bitcoin
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July 24, 2018, 10:44:38 PM
 #27

What do you think about this bull run right now?
While tuning in to the increase, it made me dance for real.
BTC recently breaks  $8000, is it a bull trap or a real deal?
IMO, it's a real deal. We've been through the bear market for 6 months!
FOMO? people converting their Alts to BTC?
Yes.
I have many questions right now bought BTC from $7800 should I get out? or ride this wave, It's very difficult to anticipate market now because of bitcoin ETF.
Only you can decide if you are okay with the profit and you want to get out early.  Smiley
anglosaxon
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July 24, 2018, 10:47:40 PM
 #28

What do you think about this bull run right now? BTC recently breaks  $8000, is it a bull trap or a real deal? FOMO? people converting their Alts to BTC? I have many questions right now bought BTC from $7800 should I get out? or ride this wave, It's very difficult to anticipate market now because of bitcoin ETF.

I think buying some bitcoin now might be very reasonable. But on the other hand, nobody can guarantee that this rising will go on sharply. So, you should always be careful in the current market.
Teraboy
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July 24, 2018, 11:07:47 PM
 #29

This may be a warm up. A slight increase in price is momentum building up. But a dip may occur in August as history would show. But then, we know what happens after that right? The bulls will break free and they may go on not just a run, but a rampage...in a good way that is! We are expecting good things to happen within the coming months so we should check on our game plan if we are trully prepared.
I believe about that the dip should be opccured in the next month consider if ETF gets rejected and there will be anothjer correction for bitcoin in the next month. The game will be started after the ETF decision and then we will see what will be gonna happen to the bitcoin and will it create another momentum or not?
Ricowavy
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July 24, 2018, 11:07:53 PM
 #30

I think the btc ETF will really create some funny moves / speculations in the market and people might really be at cross road whether to hold or dump. But an approval will be a win for the whole cryptocurrency market and the opposite might just spell a doom that would lead to a massive sell out as a whole.
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July 24, 2018, 11:12:15 PM
 #31

I think that the fall is over, and now bitcoin will stand for some time in place in the price. after that, it will begin to grow in price.
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July 24, 2018, 11:17:35 PM
 #32

I agree, it's a bull trap or a bull run, really it's difficult to assess. The continuation of the ascension after a long period of decline increases confidence in the market.
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July 24, 2018, 11:53:31 PM
 #33

Bitcoin already reached 8k dollars and I hope the price of the bitcoin become 10k dollars before end of this year and i think it is possible now because of the movement of the price.
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July 24, 2018, 11:56:58 PM
 #34

Now the price is nearing the $8500 tag, and from my point of view it is not a bull trap. It looks like a pure growth without any manipulation due to the external market as well I see it an initial price pumping for the growth of bitcoin to reach predicted target for the end of the year.

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consideritdone
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July 25, 2018, 12:04:02 AM
 #35

$8400 now near $8500 https://www.coingecko.com/en/coins/bitcoin, $10000 soon?  Grin
barota
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July 25, 2018, 12:16:21 AM
 #36

i think this rise is not good ...Maybe it's a trap or something like that

i think we can see 3000 per btc in October

bitcoin price is completely unstructured

valentine401
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July 25, 2018, 12:25:22 AM
 #37

What do you think about this bull run right now? BTC recently breaks  $8000, is it a bull trap or a real deal? FOMO? people converting their Alts to BTC? I have many questions right now bought BTC from $7800 should I get out? or ride this wave, It's very difficult to anticipate market now because of bitcoin ETF.

The market price today is now pumping again and this is a very good sign that the price of bitcoins is volatile and it was profitable at the same time so keep on holding your coins today and wait for the price to skyrocket.
Golftech
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July 25, 2018, 02:39:58 AM
 #38

i think this rise is not good ...Maybe it's a trap or something like that

i think we can see 3000 per btc in October

bitcoin price is completely unstructured


Not sure about your basis regarding to that certain price, bitcoin still trying to jumped much higher and the bull trend still got a good support, if more holders will support this movements and those good news followed by more updates and adoptions then we will surely welcome the bull and will see
more rise up from coming months till the year ends.
Ararbermas
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July 25, 2018, 03:04:28 AM
 #39

Not a bull trap mate,  because this is how the market play nowadays, which is it will gradually increasing after the fluctuation instead of constantly increasing . And in fact it's been  how many times now and it still always happened, since as well when the value of bitcoin bounce back to the 6k after it fluctuate under.
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July 25, 2018, 03:27:34 AM
 #40

Maybe just a sudden effect from the good news that we hear from Blackrock and etf related.  I think we'll still be stuck and we will never go past the $10k but maybe in December we will. Let's just celebrate for now to brighten up our mood and change our miserable faces to become pleasant for once in a while.
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