Bull market soon? Or a trap? 🤔

[Mr.durden?]

It looks like this will enter the bull market era because entering the end of the year, usually the price of cryptocurrency at the exchange will have a price increase so you should be able to prepare to enjoy price increases at the end of this year.

Usually? I would not use the word "usually" right next to the cryptocurrency price related discussions. No one can predict next crypto bull market, and there is still a possibility that the niche is not arrived to the bottom yet.

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[arikassuja]

I think a bull run will soon be possible this December, because I have seen a lot of bull run signs probably going to happen, wait for the best moment to sell at a very expensive price.

[paderobin]

No one can actually predict the cryptocurrency market, it's quite hard to say if this year would be a year for bullrun. Nevertheless December could be a month for bull run hopefully.

[hungafub]

Bull season is not here yet. We still need a significant dip (this last dip may have been the bottom - there's debate on whether or not if it was) and then a solid period of sideways movement/accumulation before methodically and slowly moving upward.

[planfox]

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?

Many participants in the cryptocurrency market are now confused. This market is so unpredictable that you never know what will happen to it tomorrow. I have heard many opinions about the question of where the market will move on, but I am of the opinion that it will fall. The bull market will not be soon.

[posi]

It looks like this will enter the bull market era because entering the end of the year, usually the price of cryptocurrency at the exchange will have a price increase so you should be able to prepare to enjoy price increases at the end of this year.

Yes, we should be able to experience price increase of the market at the end of this year but we must also put into consideration the length of the market corrections which occur this year and we both know that things are easy to destroy/spoil but hard to build. What I am trying to point out is that it will take the market awhile before we can experience that much of pump in price.

[minairia3]

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?

It's retesting the market condition and might correct in the 4k level and create a support in the area between 4-5k. Such is a healthy market rather than parabolic to shoot again until it reaches a very high peak then drop sharply.

[smoolae]

Like we can see now, this indeed was a bulltrap. Also, this was rather easy one to call 'cause of how similar it was to all of the previous pumps we have had this year. It goes like this: all red -> fast rise for two days -> people think that this is the end of bear market -> strong sell-off.

[Semaj123]

No one can actually predict the cryptocurrency market, it's quite hard to say if this year would be a year for bullrun. Nevertheless December could be a month for bull run hopefully.

Still the question remains to be have no specific answer because no knows what could be the result of tomorrow's value. Everyone is only speculating which it is somehow help the hodler to be positive.

[tabas]

Accumulation has started so there is signs of a recovery but this year has been so bad i'm thinking it will just be another bull trap. Still a good time to buy if you have any spare cash

Trap as it is.
Price won't move further other than $4,000 and it is staying there. Wait for another movement maybe after few more days and see if this isn't a trap but I'm still optimistic that we will get out of it.s

[TheReverend]

people expect a bull run, but we won't know the real market conditions can only follow.
I think it will be very difficult this year for BTTC and Altcoin, some good news is still not enough to raise the price of BTC, this indicates that people are still afraid to invest again and still waiting.

[maydna]

Just be careful when you want to decide and make sure you analyze before you do something. The market is trying to recover, and we know that the market still moving to good progress and some coins can rise although it's for a little price. People expected the bull market would happen soon and some of them still buy and sell the coin to make a profit. Although there is a trap at the market, as long as we can analyze before we buy or sell, we can prevent to get a big loss and even we can get a profit.

[South Park]

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 do not know if to call this a trap but we are not going to see a huge recovery as many people are expecting, we are going to see price around 4000 for some time and only after a few months there will be a chance to go back to prices above 6000 as we were used to, so if I were you I will wait a little bit to invest in the market if what you want is to obtain fast profits.

[pieppiep]

a bull market has not happened yet and it looks like this will be very difficult to happen because the price of cryptocurrency that falls very deeply and bitcoins that are unable to rise again will make bull run in places of exchange difficult to occur.

[5ensei]

There was a temporary recovery but that turned out to be a bull trap. It's a tough market now with no signs of any prolonged recovery. However, they could catch us offguard so just buy everything now while the market is low, you are sure to profit later

[rltim555]

I think it is most likely to be a bull market. Trap was earlier and currently it is easier to go up,than down.
Too much buy orders on lower levels

[meldrio1]

trap? I don't think so, well I think bull run will happen just be patient just hold your cryptocurrency for long term, you will earn profit in the future.

[Pasnik]

trap? I don't think so, well I think bull run will happen just be patient just hold your cryptocurrency for long term, you will earn profit in the future.

The bull run will happen soon since it has been for long that price was down. Expect the price of crypto that up and down so nothing is wrong by holding the coins until now.

[Oleg88]

it is not clear whether Bitcoin will rise or fall. It is important to remember one thing, if you have altcoins do not sell them now!

[FLHippy]

Again and again, Bitcoin has problem with pass through the resistance line and this means only one thing - again Bitcoin is going slowly down, and thanks to that altcoins going to the hell  .