ARE WE REALLY SEEING BULL RUN OR TRAP IN BTC MOVE

[Bonheur]

I think this is a trap.When the twitter guys starts to shout about the bull then comes the red all over the market.The bull will come but I think it will be at least a couple of months later.I am new and this might be my uneducated guess but better safe than sorry.

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[enhu]

I think this is a trap.When the twitter guys starts to shout about the bull then comes the red all over the market.The bull will come but I think it will be at least a couple of months later.I am new and this might be my uneducated guess but better safe than sorry.

Don't be such a paranoid, get on board now its not too late. Do you think if its a bulltrap the price will dip way below $6000? If not then this ride could be the wildest ride of your life that will make you millionaire. Buy now because you already missed the bottom where you should have bought back. ETF rejection isn't going to affect its price anymore, everyone had dumped already before any decision can affect.

[pooya87]

I think this is a trap.When the twitter guys starts to shout about the bull then comes the red all over the market.The bull will come but I think it will be at least a couple of months later.I am new and this might be my uneducated guess but better safe than sorry.

you shouldn't even be looking at those "twitter guys" in first place to see what they are shouting about! besides they are always full of shit, it doesn't prove anything. they saw A rise and started hyping things up. if it rises more they hype it more, if it drops they start talking about doomsday. in other words they are not indicators of anything, they are just moving with the wind, wherever it blow.

[salinaangel]

I am not sure which chart you are following cause as far I know that the price is not that high that we could expect bull market but not can be ensure here so maybe situation can be switched any time but now the market is not that high

[dupee419]

The market is not yet on the bull run guys, but one thing's for sure is that it is slowly getting there, and by the way, who are these twitter guys you are saying? not the most probable information you can get, there are lots of sources out there whether to determine the movement of BTC and the market, but still, I am hoping the bull run is near, we are all hoping for it.

[Experia]

Bitcoin since touched $5800-6000 area has not really clear to many if we are in bull market or it just a mere run to make noobs or newbies FOMO, and looking at it TA which shows it has not been on same lane even with FA but many says it's manipulation and crossing $5800 area below has been a major support but many think it should break it, so am wondering if we are getting close to bull market or we are just in swing market for now.

bull market is just like the price of bitcoin it is unpredictable even we see that the price raise up to 500 dollars it doesnt mean that the bull run has started because with just a day the price can drop or can raise or just stay if the price raise up 500 dollar for an hour thats maybe that start.

[Emilyp]

The market is gathering momentum and I think we will see further bear run before the bull run actually start.

[audaciousbeing]

Bitcoin since touched $5800-6000 area has not really clear to many if we are in bull market or it just a mere run to make noobs or newbies FOMO, and looking at it TA which shows it has not been on same lane even with FA but many says it's manipulation and crossing $5800 area below has been a major support but many think it should break it, so am wondering if we are getting close to bull market or we are just in swing market for now.

Every activities that happen in crypto does not necessarily have to be seen with suspicions. When the price was going down, its about the whales and other ridiculous reasons that we have seen in addition to the skepticism on whether its the right time to buy and even those who are of always asking if its the right time to enter the market but still didn't take the action by seeing it as an opportunity to get into investing.

Now that the price is increasing again, its another round of questions and suspicions all over again blaming the same people that we are being deceived into investing and the upward might not be real. But what other real evidence do we want to have if its not reflecting in the price. The market is not for people who continue to ask questions, because while they are looking for answers, others are acting and reaping the benefit of their actions to the maximum.

[NyxAssasin]

I don’t think your statement is correct. It is been a while since BTC is providing a balanced and stable price list. For the past few weeks it has been in the level of $6k and hasn’t gone down of the level of $6k. So there is no scope for bull marketing.

[SnodGrass74]

I agree with your statement that the BTC market is converting into a bull market where prices have been manipulated by the highest owners of BTC. They control the flow of coins in the market and set the price as they will be profited.

[Emence]

There is no scope for bitcoin market to be a bull market. The price of BTC has been above $6k since the last few weeks and users of bitcoin are very happy with these stable prices of bitcoin. So I disagree with this comment.

[hasimkamal]

Maybe the bullish trend will come but i don't think bitcoin will touch massive milestones. It may go upto 10000 USD from my opinion. Lets see what is waiting for us.

[LateMoveR52]

We didn’t have seen any massive growth since many days. There were always major fluctuations which hamper the good growth. Still i am waiting for the bull run to come.

[Beimere]

I think you have provided some wrong information. Because bitcoin has gone below 6000 USD a long time ago. By the way i don't think i can predict about the bull run this year. But i am hoping for it.

[harizen]

...so am wondering if we are getting close to bull market or we are just in swing market for now.

You will just know the answer once we are now on the actual bull run therefore just sit back and relax and don't overthink too much.

Bitcoin now touched again the $7,000 mark and I think some of the average bitcoiners are considering the recent price increase as start of bull run. Same scenario happened last month. Again don't just make speculation that we can ow sees some sign of expected bull run so that no unnecessary actions will be done on the way.

Ride whatever the trend we will encounter and go with the flow. The expected bull run by others will surely happened. Just trust the process.

[exstasie]

I think this is a trap.When the twitter guys starts to shout about the bull then comes the red all over the market.The bull will come but I think it will be at least a couple of months later.I am new and this might be my uneducated guess but better safe than sorry.

you shouldn't even be looking at those "twitter guys" in first place to see what they are shouting about! besides they are always full of shit, it doesn't prove anything. they saw A rise and started hyping things up. if it rises more they hype it more, if it drops they start talking about doomsday. in other words they are not indicators of anything, they are just moving with the wind, wherever it blow.

Sort of, but I find it's more nuanced than that. Actually, I find that Twitter traders and analysts are an excellent source of sentiment. When everyone gets too bullish too quickly, it's usually a bull trap.

I remember in mid-2015, everyone was quite bearish on the forum here. Looking back, the prevailing sentiment should have clued me in that we were near a major market bottom. I think I remained pretty bearish until the push into the $300s, though.

[tomahawk9]

The market is gathering momentum and I think we will see further bear run before the bull run actually start.

I doubt we'll see another bear run.

We've been on a bearish trend for so long that I think we're getting close to the end of it. The fact that we're now testing the 7k levels makes me think that the accumulation phase is almost over and we're now in full recovery mode, this could be the start of a new uptrend that will lead to a btc rally next month (hopefully) mainly because of possible hype around the next SEC announcement about the bitcoin ETF (which will most likely get delayed or rejected).

[Oasisman]

The market just recovered $30 billion from the last 15 days and the bear just failed to break below $5,900 mark. Lets just wait for the next couple of these to identify on whether we are entering the bull marker or is it just another bull trap and being considered as a dead cat bounce. I have a feeling that we are close to entering the bull market since the 4th quarter is about to begin, if not today, maybe later on December.

[mktpromp]

I believe that the market will quickly approach the bull after the SEC's choice has positive outcome but if the result has a harmful effect. Most probably the bitcoin market will stay fluctuation even it might go down yet again.

[jonloner011]

What are you talking about is a mere past talk. BTC price today is more than $6700 and slowly will outreach $7k, I assume. BTC is on the rise now and maybe it will be rising slowly till the end of the year.