Bull market soon? Or a trap? 🤔

[Suleiman the Magnificent]

I think it's just a trap. I want the market to rise and bull is coming, but it doesn't seem to be coming anytime soon. Keep your hopes fresh, though.

[WebdeveIoper]

In my own opinion, i think it's a big trap because December is few days away from now, the market might dip down again because a lot of people might be looking to sell off for the Xmas season

I agree, I hate to say it but I think we aren't bullish till somewhere in 2019.

[sabine80]

so far i am not sure if it is a trap or if the market is really recovering. i am waiting another 24 hours and then look how the market is developing. if the prices continue to develop positive until then, i will probably buy a few cheap coins with my last money.

[SunJAB]

so far i am not sure if it is a trap or if the market is really recovering. i am waiting another 24 hours and then look how the market is developing. if the prices continue to develop positive until then, i will probably buy a few cheap coins with my last money.

More information is that the market is being pumped by some of the wealthy they make the market out of control and they make the market more bullish and sharply lower.

[hastag_80]

Considering the recent downtrend on the crypto market in less than 24hours, the market has recovers over 10% profit.

Many start-up projects has delayed listing for months due to the market conditions

Many listed projects who have listed below ico price for the fear of its price being dumped.

Holder don't know if to sell or hold.

What are we to expect next? Bull run or just a trap?

I believe that there should be coming bull run in the crypto market,because not all the times the market will be bearish,everythings will be placed according to its proper time,because just like disame other business there should be ups in down and all we can do is to wait and become patience to wait the  moment when the crypto market will rise again and thats is the virtue of patience.

[Dobby070]

Considering the recent downtrend on the crypto market in less than 24hours, the market has recovers over 10% profit.

Many start-up projects has delayed listing for months due to the market conditions

Many listed projects who have listed below ico price for the fear of its price being dumped.

Holder don't know if to sell or hold.

What are we to expect next? Bull run or just a trap?

No trap will going to happen if the HODLers will still going to trust the cryptocurrency that they have. If you sell, you lose, if you hold, it's safe. As simple as that. In this current market situation, the rabbit is unpredictable and we should observe first and play safe.

[emezh10]

If you look at the weekly chart, it seems that the bull run will occur in December but bad things can happen suddenly considering that there is a lot of manipulation in the crypto world. It's really going to be bullish or just a trap, I think it's no problem to start buying a few coins from now on, but if not sure you can play short-trade

  Will never know, on what to become on crypto currency for this coming month, after the recent huge drops on the market, everything are put on hold, market is very Volatile, it maybe said that it is on the recovery face now, market is testing the 4200 level or maybe this is a new resistance level? no one knows with the unpredictable market movement what will happen next, we can only speculate, but i believe that once all this market become more stable, i think it will be a Merry Merry Market again...good luck.

[Dragonrage201]

After the big selloff in crypto market, it is going to get a decent bounce at least. If Bitcoin reclaims the $6K level again, bull will have another chance.

[Omela44]

It certainly is a trap, i would say. After the last days i do not trust the market anymore and now to set a trap would be very clever from the big whales. But whether i am right with my guess, we see in the next few days.

[swordling143]

I hope it would be a bull run not another bull trap,
We already face so many dump this year I hope that we could at least recover some of our lose before the year end.

[labilaab]

Its still too early or shall we say still too young era for cryptocurrency though so basically this dumping happening is merily a first start for crypto to face.I somehow expect its not yet the lowest drop were experiencing right now.

[iconoclast]

Would have been more interesting if you had done it as a poll. If the majority had answered it was a bull market I would have known it was a trap and vice versa, if they had said trap I would know to go long. Taking the contrarian view has always consistently made me money.

[passwordnow]

After the big selloff in crypto market, it is going to get a decent bounce at least. If Bitcoin reclaims the $6K level again, bull will have another chance.

$6,000 is going to be there soon but I don't think that's enough evidence that we will have another bull.

$10,000 to $15,000 should be a great indicator that the market is going to bull soon.

[Cnut237]

The recent rise is only big in percentage terms, in actual dollar price it's very small compared with prices earlier this year. A 10% rise when the market has already dropped 90% basically would be the same in dollar terms as a 1% rise before thd rop.

We need to be careful looking just at % values. I don't think this rise is really a rise, it's just a minor blip so far... I think we would need a quick recovery to about $200 billion for the whole market before we could say we were rising.

[Idoe]

The bullrun market or our trap will be ready to face this, this is the world of crypto that happens so many surprises and manipulations. But positive thinking is the best thing to do and certainly will help to make our emotions better.

[Ridwan Fauzi]

I think the price changes that are so fast and unpredictable are very profitable for someone who chooses long term investments, they will not focus on decreasing and increasing bitcoin prices at the moment but they just wait when the targets they want are passed and sell their assets to get profit. So as they will not be nervous for information about the bull trap, this price decline has occurred in the mid-2018.

[Question123]

Remember will not happen if more panic seller until now. The bull run will happen if people who are panic turn to relax. Everybody here in cryptocurrency have resposibility to buy again bitcoin like what bitcoin they do to us when we need money.

[COPARTT23]

This situation is not at all like the market turnaround, although there are large volumes, but there is no price increase, which means that someone actively sells and does not release the price from the channel

[batang_bitcoin]

This situation is not at all like the market turnaround, although there are large volumes, but there is no price increase, which means that someone actively sells and does not release the price from the channel

But as you can see there is price increase.

How can you say that there are large volumes but there's no price increase? yesterday what was the price of bitcoin? I think you are blindly looking at the market by just looking at those volumes but doesn't consider a $100-$200 increase for bitcoin. Today that increase means a lot to us.

[ballerin and giroud]

After the big selloff in crypto market, it is going to get a decent bounce at least. If Bitcoin reclaims the $6K level again, bull will have another chance.

The possibility can occur, when a drastic price reduction will also be followed by a drastic price increase. I think this is because there are many people who believe in the future of the crypto currency, the panic selling that happened before is not as if they already don't trust the crypto currency but they want to take the opportunity to buy at a low price.