RIP Bull Market

[Kakmakr]

That was no Bull run, it was more like a Bull trap for some. You get all hyped up about the probability that it is the start of the next Bull run and then "Wham", you get kicked on the ass.    Just look at my post history for the last couple of weeks and you will notice that I never thought that this small spike in the price was the next Bull run.

Some cock teaser Whale are messing with us and making a ton of money at the same time.     In future, just ignore the small spikes in the price.  

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[Capt00]

I also didn't expect bull run happen because I didn't hear any good news related Bitcoin that might cause a bull run. Then the things that come up my mind have just happened now. See? it was a bull trap with a small spike in the market but they can't earn if we are strong enough of holding our purchased coins in our wallet.

Patiently wait again when bullish trend come.

[figmentofmyass]

Looks like it all ended in one trade.

that's why building up all these bullish dreams on the back of a few days' price rise is foolish. this isn't a bull market at all! we've been in a bear market for over a year now---nothing but lower highs and lower lows. nobody should be surprised when a bull trap comes crashing back down.

in the short term, we can still recover from this and push higher into the $4000s. but even if we do, people should really keep their bullish expectations in check. this ain't 2017 anymore. we're at least a year or two away from anything like that.

[CryptoBry]

What just happened is a big lesson to all of us...this market is quite treacherous and any good gains can easily be wiped out because there will be people who will of course take advantage of the situation to make some profits and this is quite normal in a free market...there is nothing we can do about it. What is certain is the dreamed bull run may not be happening that easily and that it can't be happening soon. People who are experts and professionals on trading are not alarmed about this and can even be making good money out of this...unfortunately am not an expert so am not making money on this recent "big" movement.

[Herbert2020]

r.i.p bull you will be missed  . it takes forever to climb on top but it only takes one trade to go down . ;(

1 trade, are you kidding me? do you think market is tiny with only a one $1 buy order keeping the price there?

the drop took more than a year to get to the current price and in the past month it has take millions of dollars to keep it in $3k range and now it is breaking out. it won't feel like it now but you will see it soon.

[davis196]

Looks like it all ended in one trade.

It was not a bull market and I couldn't care less about it.
Probably some whale sold everything he had,just to frustrate all the noobs expecting another ATH after one week.
Bitcoin is still alive and kickin'.That's the only thing we should care about.

[Pursuer]

Some cock teaser Whale are messing with us and making a ton of money at the same time.     In future, just ignore the small spikes in the price. 

in this case I would say there aren't any whales manipulating or anything since it looks pretty natural to me. you just have to stop seeing it as a bull run and start seeing it as a "transition". in a market you can't expect a U turn like with a car! it takes time to reverse a certain trend just like price didn't fall from $20k to $3k in one day, the rise back up from $3k to $100k is not going to occur in 1 day either. we first see small rises like this which will be suppressed as people panic sell (not whales) thinking it is bull trap and then after a couple of these we see more rises which slowly grow in size and set a new high each time.

[kelz1]

Losing 15 billion with a few minutes is not natural at all, it looks like a coordinated dump by a group of market manipulators. This reduces confidence in the markets

[Pursuer]

Losing 15 billion with a few minutes is not natural at all, it looks like a coordinated dump by a group of market manipulators. This reduces confidence in the markets

well when you look at fake numbers, obviously your conclusion is also fake (or false). it is like checking the temperature with a broken thermometer and say you have a fever of 1000 degrees because the thermometer said so regardless of it being broken.
in this case "15 billion" is the number that went out of total market cap and it is fake because a very high percentage (like 80%) of the total supply that is fake since you can easily create billions of tokens out of thin air and that creates market cap easily and when that shitcoin gets dumped from $2 to $1 the total market cap loses billions because of that coin alone. now imagine you have 2300-2500 of these shitcoins....

[susila_bai]

If you think that market will always go up and never come down then i think you dont know much about market movement, It was expected as shortterm traders took profit so it went down but still you can see it is only half down and market is taking support near $3700 level, if it is not broken then we can see market moving up till $4500+. Even before last bull movement the market was moving up and down same way and then it took a sharp up movement. So it is very common.

[Bitbtc8]

Excuse me please ,it was never a bullrun in the first place ,that is just a pump and yes its so normal to drop back and if you think bullrun is gone for good then you know nothing about cryptocurrency ,the trends of incoming bullrun is always different and believe me I've witnessed it in the past

[jseverson]

It's funny how threads titles change from day to day, yesterday people were super excited, and now they're holding a wake.

Well that's what happens when you treat every sizable price increase as a bull run lol.

Losing 15 billion with a few minutes is not natural at all, it looks like a coordinated dump by a group of market manipulators. This reduces confidence in the markets

I assume you're talking about market cap. It's just another day in the office for Bitcoin -- it has happened before and it will happen again. There always seem to be some people who blame it on market manipulation too lol.

[denzkilim]

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.

I think the price rally that happened a few weeks ago is because of the NASDAQ news about listing Bitcoin and people are hyping about that news to make the price pumping and create a FOMO(Fear of missing out) effect to some people, then BOOM! when they get the price that they wanted they dumped all in a sudden and these kinds of scenario is normal to the crypto industry because this is a very volatile industry and the risk is extremely high.

[talkbitcoin]

It's funny how threads titles change from day to day, yesterday people were super excited, and now they're holding a wake.

Well that's what happens when you treat every sizable price increase as a bull run lol.

very true but it also shows how there is still a lot of people that are uncertain about bitcoin and that on its own proves why the price didn't continue to rise and instead reversed and stayed the same level near $4k instead of above it.

[Daboy_Lyle]

Looks like it all ended in one trade.

It only stops and will continue in somedays. Due high demand on the markwt maybe it's the reason why bearish enters quickly. You feels like new here even your on a high rank with only posting one line post. Price is unstable so better to wait again when bullish comebacks.

[lobster88]

In a few days before, the topic here in the forum says that the bullrun of the Bitcoin is starting, but now, we can see how it easily swipe away. But I do hope that the Bitcoin will come to its bullrun again.

[Chikitita2004]

Looks like it all ended in one trade.

It was just a taste of it. It somehow brought some excitement and hope to some hodlers but sad to say it has gone down again. Maybe this year 2019 will not end until the real bull runs again just like in 2017, hopefully.

[marcbitcoins]

Looks like it all ended in one trade.

Who say's that last week performance is a bull run? Only weak hands believes that it was a bull run and they easily to fall from it and celebrated. Now they will learned again that market is really difficult to predict that we don't know if it was just a big whales trap so next time better not to conclude too early everytime the market turns green.

[oceantiger]

The market as at yesterday went down after hitting above $4K. I was hoping the bulls are already here to stay but were wrong as the market just lost over $300 within a few hours. What is actually happening? When will the market finally trend?

[walerikus]

Looks like it all ended in one trade.

Bull market is born on pessimism, grown on skepticism, mature on optimism, die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell. John Templeton, couldn't add a word here.