RIP Bull Market

[fenican]

Looks like it all ended in one trade.

[MiguelCryptoss]

Looks like it all ended in one trade.

I never believed you nor agreed with you because its too early to speak of RIP to the rise. Hopefully there are better days ahead and we must be positive towards it. Though what we heard recent weeks back was a bull trap and not bull run but the beauty of this is that we are very close to the bull run. LET BE POSITIVE.

[gantez]

An experienced trader in the fluctuating business should know that when market price pushes forward, it can have a break, a pull back before taking another decision which is more like a dive. I think this is normal, like a retracement but I don't know for sure the next direction 

[namqnvn9]

bitcoin continued to decline. the cow won . I lost $ 100 USD 

[Haunebu]

Lmao. Are you serious buddy? Did you really think that a bull market started just because the entire market rallied in a small way? You have a lot to learn about this volatile market buddy.

No one with a half decent brain is expecting a bull market anytime soon. The only big news that can trigger a massive bull run is something like the halvening in 2020 or ETF approval etc.

[n0ne]

Seems the bull market isn't rallying anymore, it has experienced a much bigger drop going down to $3900. A big manipulation by few traders or by a single trader has impacted the ground reality. Once again we need to focus on the next true bull market taking the price forward keeping it above the margin in a stable manner.

[UmerIdrees]

What do you mean in one trade ? You mean the current downward movement or are you referring to the dump after 20k ?

If you are referring to the current dump, It wasn't a bullrun to begin with in the first place, probably it was to trap more longs and dump it again, it may still go higher around 4.4k but that doesn't mean bullrun has started or something.

Maybe the OP is talking about the bitmex trade. In bitmex, many people were on long positions and this sudden big dump must have liquidated many traders including the OP. There is no second chance in leverage platforms like Bitmex.

[Teawhalee]

Do you mean the little market has ended or will end soon ? I don’t think so because it’s too early to say that even though the rise might not really last but we are still going see some little uptrend movement before we go down. I hope it doesn’t sound to cause anyone to panic but let’s watch and see what happens in some few hours then we can really confirm this. And more so this isn’t a bull rise it’s just some little uptrend rallies. So I advise you are not caught up in the race.

[YuginKadoya]

I really think it is a bull trap, many had thought that the market is going to another Bull run then they hit it hard but the price decided to decline, It is yet not time to turn the tables in my opinion and we are nearly not out yet in the midst of a bear market, Maybe OP is trap in the trade that is why he is upset and he actually think that the price will sure make another bull run, But yes the price had increased a lot and in a fast pace movement nobody had predicted that the price will surely crumble back down again.

But surely just stay put and just enjoy the ride because there is still a chance for another bull run but I am not expecting it this year, So all we have to do is increase our investment and I really think bitcoin is good for long term investments.

[boyptc]

Haha man just because we saw a very quick fall, you are telling that?

But when we see the market starts to rise quickly without any interruption, we haven't seen posts like this? And besides, we can't say that we literally went out of the bear market.

[thecodebear]

The idea that the rise the past week was the start of the bull market is absurd. I was happy to see the $400 drop a couple hours ago, should get this absurd notion out of people's heads. Nobody should be expecting the bull market to start for months to come - it'll probably start during the second half of this year. We should all fully expect 3000s prices to last for at least several months to come, I'd guess around a half year more of $3000s.

[davit putra]

Ending, I don't think it will be that fast, isn't the crypto market really turbulent, making prices unstable. There's still tomorrow or so on, and I think there will be a change.

[Harkorede]

Looks like it all ended in one trade.

I don't think that's how a supposed bull run will come to an end, If it has begun at all.
The sudden decline from the $4,200 zone to $3,800 doesn't connote the end of bull run just the same way the sudden increase we recorded within a few days wasn't a guarantee of the bull market taking over. I think every move upward or downward are still too quick to use as an indication of the market state.

[solarion]

Please do not underestimate the worth of the crypto market. May be today we may found the dump surely in couple of days I expect that bitcoin and all the other cryptocurrencies will be bumped again in the marketplace.
There and here need a hope and perfect investments over the cryptocurrency nothing else.

[NeuroticFish]

Tomorrow is banking day. And tomorrow Nasdaq should start listing Bitcoin prices too.
Maybe tomorrow we'll see investors coming in, maybe balancing the speculators we now have too many.

[xenxen]

its to early to say rip to bull market..for me it is the beginning just relax dont buy if you think its a bull just observed so that you can avoid to be trap...

[TheCoinGrabber]

It was hardly bullish to begin with. It was more a slow climb and then a quick fall from the top. Well there's still a chance for it to hike still. I think the price to beat would be Feb last year. I understand some people have lost money though for setting their trades expecting a bull run.

Maybe the OP is talking about the bitmex trade. In bitmex, many people were on long positions and this sudden big dump must have liquidated many traders including the OP. There is no second chance in leverage platforms like Bitmex.

Now that's unfortunate. It comes with the territory though.

[chaintee8989]

What do you mean in one trade ? You mean the current downward movement or are you referring to the dump after 20k ?

If you are referring to the current dump, It wasn't a bullrun to begin with in the first place, probably it was to trap more longs and dump it again, it may still go higher around 4.4k but that doesn't mean bullrun has started or something.

Probably OP is referring to last 4 days pump when the market was greenish. He believes that the market was ready for the bull run and ended with a huge sellout.

[naufals4]

Looks like it all ended in one trade.

Listen in the world of trading or investment there is always something called up or down. so sometimes the price will go up then a few moments will definitely go down. so just wait for bitcoin to rise up again.

[Indamuck]

This is insane, you are saying the bull run won't come because of a small dip?  No investment just goes straight up with no pullbacks, this is normal market behavior.  Strong hands are accumulating more while the newbies are panic selling.