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Author Topic: Bull or trap??  (Read 1016 times)
Nekoma2018 (OP)
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February 18, 2019, 04:42:47 PM
 #1

22billion into the market ... in less than 48hours,  Is this a possible bull run?? or just a cat bounce?? What's your take on this??
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February 18, 2019, 05:00:31 PM
 #2

Just some news that are creating some bullish uptrends but in my opinion this is not the start of the bull run and a major correction might appear sooner or later. I think until bitcoin halv we ain't gonna see a full bull run, maybe just some pumpish run like this one.

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February 18, 2019, 05:04:45 PM
 #3

If we see charts most of them are indicating double bottom/ inverted head and shoulders and bullish engulfing so for me there is high chance of trend reversal from here and possibly the start of next big bull run.

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February 18, 2019, 05:07:00 PM
 #4

Keep the positive things on,its a bull run and just enjoy the market nothing to lose if the prices go back to old price but if increases continually then yes we are going to make another year of 2017.

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February 18, 2019, 05:46:45 PM
 #5

22billion into the market ... in less than 48hours,  Is this a possible bull run?? or just a cat bounce?? What's your take on this??
Bull trap! That's it. This is normal the trading activities this week is good so that many investors around the world are entering their money in the market but it doesn't mean that it will be a bull run. If btc decrease for sure all other tokens will follow. Bull run may happen in just a day we really can't see it coming Smiley
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February 18, 2019, 05:47:30 PM
 #6

I guess that we'll know in a week or two.
For now the sentiment is like a deserved growth, but ... it may be extremely misleading.

Afaik the SolidX ETF is scheduled for next week. We may have a pump in expecting the result. If it's accepted - party on - we may have the awaited bull run which may go until the halving and beyond. If not.. we'll have to have more patience.

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February 18, 2019, 05:54:07 PM
 #7

The market has experienced a very good increase. And I personally welcome this market condition with pleasure. All the Altcoins that I have had also gone up. But we also have to be vigilant because if this is a trap, of course, we must always monitor the market. If the coin decreases, we can sell coins directly.

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February 18, 2019, 06:03:19 PM
 #8

no one knows 'cause when market show progress it's always turn into bulltrap after weeks and sometimes just day or two. So we can tell more about that unless if the pattern constantly increasing  without fluctuation. . Wherein surely it's a bull not a trap. So as of now let just wait for more results  or keel monitoringthe graph to determine the real direction of the growth rate.  
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February 18, 2019, 06:05:10 PM
 #9

I think this is a bull run time. A lot of positive news is approaching the world of crypto, especially the Bitcoin ETF. I think investors are starting to believe in the future of crypto.

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February 18, 2019, 06:12:04 PM
 #10

22billion into the market ... in less than 48hours,  Is this a possible bull run?? or just a cat bounce?? What's your take on this??
All that we see in the market seems to be the growth pattern. Long ago the price of bitcoin was stable and for a long and it seems to be more of a staggering to gain resistance. Now the resistance have got broken and now it seems to cross the $4000 at the earliest. From this perspective I feel this to be the bull trend to lead bitcoin to next level of growth that has been predicted to happen long back itself.

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February 18, 2019, 06:13:43 PM
 #11

It's just another little bump then comes down after few weeks. There's no major announcement happening yet on crypto that will lead to bull run. So relax in it will be fix soon.
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February 18, 2019, 06:17:00 PM
 #12

It's just another little bump then comes down after few weeks. There's no major announcement happening yet on crypto that will lead to bull run. So relax in it will be fix soon.
Not the little bump too be honest,22 Billion of dollars increased in just two days of time but yes the chances of price drop is there but definitely something is going to happen on the crypto market a crazy bull wakeup or the strong bear will ramp again. Smiley

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February 18, 2019, 06:19:53 PM
 #13

22billion into the market ... in less than 48hours,  Is this a possible bull run?? or just a cat bounce?? What's your take on this??

It's not a bull run. But it can be a good sign that shows the beginning of uptrend.
Technically if BTC will close current week above 3700 than it can reach 5000 in few month

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February 18, 2019, 06:23:09 PM
 #14

22billion into the market ... in less than 48hours,  Is this a possible bull run?? or just a cat bounce?? What's your take on this??
Every time the price rises someone creates a topic with the question of the beginning of the bull run) I think these people need to calm down.)
To start bull run need to at least overcome the mark of 7000$






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February 18, 2019, 06:26:42 PM
 #15

i think its not yet bullish, but better to take the opportunity to get some profits, and if its trap then you can buy again

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February 18, 2019, 06:27:23 PM
 #16

Trap for sure.. Just some positive economics news, and might be approaching of ETH fork.

I guess ETH will bounce back to 130 in a week. And BTC to 3600. Hope I am wrong
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February 18, 2019, 06:31:16 PM
 #17

22billion into the market ... in less than 48hours,  Is this a possible bull run?? or just a cat bounce?? What's your take on this??

Don’t you think 22 billion is abit of exaggeration
There are positve news trends affecting the space and causing an increase in price
You can key into that fact take out your profits

Or you could hodl even further
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February 18, 2019, 06:36:47 PM
 #18

22billion into the market ... in less than 48hours,  Is this a possible bull run?? or just a cat bounce?? What's your take on this??

22 billion USD is not a dead cat bounce this is a major move, though I am expecting one or two correction before the market get more steam to push the price of BTC to $6, I believe we need BTC at above $6k but it will be interesting because this was the barrier for most of the 2018 and breaking it is going to signal a serious bull run


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February 18, 2019, 06:38:26 PM
 #19

I guess that we'll know in a week or two.
For now the sentiment is like a deserved growth, but ... it may be extremely misleading.

Afaik the SolidX ETF is scheduled for next week. We may have a pump in expecting the result. If it's accepted - party on - we may have the awaited bull run which may go until the halving and beyond. If not.. we'll have to have more patience.
agreeing what you wrote we have to wait one or two weeks to make sure this is not a trap, this growth is worth discussing but still has to be on a positive track this increase will continue to see excellent greening on the market well I think this will be a new trend in early March.

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February 18, 2019, 06:45:23 PM
 #20

22billion into the market ... in less than 48hours,  Is this a possible bull run?? or just a cat bounce?? What's your take on this??
So this is the reason why all coin increase in the market. I dont know about that but keep positif think, we hope bull not a trap. I alse see in advertising in April there will be many blockchain seminars and the price of ticket is more than $100, maybe also this one of the reason why market up tren
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