This is a fake bit coin bull run don't fall for it

[Rooster101]

Is there already an effective way to find if a bullrun is a fake one? This current price rally may not last longer or just temporary but it can't be fake one. Rising and falling prices are part of the cryptocurrency cycle so expect the price to go down again after this uptrend. If you are an experienced trader, you will know early when the price start to rise or fall except when a group of whales start to manipulates prices and a sudden fall caught the investors and traders unaware.

[maydna]

How can you say its a fake bullrun where in all parts of cryptoworld says bull run has already started and will make a new ATH beforw the year ends,  news, crypto analyst , investors believe bull is ongoing.

I think he needs to check it on every market so he can find that the bull run is already happening, but we have another chance to see the next bull run. We will see another bull run soon because in the last bull run, the price still on the good progress to increase higher and now, the price still going to increase. We are still waiting for the next exploding of the cryptocurrency, and that will give impact to the price for every coin, and I am sure that he will say that the next bull run will come too.

[rhodelmabanal]

Is there already an effective way to find if a bullrun is a fake one? This current price rally may not last longer or just temporary but it can't be fake one. Rising and falling prices are part of the cryptocurrency cycle so expect the price to go down again after this uptrend. If you are an experienced trader, you will know early when the price start to rise or fall except when a group of whales start to manipulates prices and a sudden fall caught the investors and traders unaware.

It's not appropriate to accuse when there's no certain proof against being fake bull run or not. What's very important here is you knew the trend of bull run before it reached the destined price of bullish market value. Many people said bull run is happening, yet reversed idea for others that it was just fake or manipulation from whales.
Calm down and let's wait for another trending increase.

[radjie]

How can you say its a fake bullrun where in all parts of cryptoworld says bull run has already started and will make a new ATH beforw the year ends,  news, crypto analyst , investors believe bull is ongoing.

Someone usually want to buy in cheap price. We know in this because there are 2 side of people in crypto market. But OP's acyial purpose actually we don't know or maybe he just want to warn us about price.

If he is warning us about the price then he should not scared us. Those that suppose to take the advantage of the current bull run to recover loses may abandoned investing after see this scared warning. Though I hardly follow others people opinion when I want to invest I do follow my personal judgements.

most people assume that the bullish market is going on, but I don't think the op is intended to scare us but he is not sure what caused the current bullish market.

[wwzsocki]

...The growth is un organic and fake , maybe by 2 or 3 whales or maybe even a corrupt exchange

Two or three whales? What you are talking about? We have the highest volumes ever. The mining difficulty has reached new record highs.

There are already multiple confirmed signs for the bull run, even in TA like the "golden cross", but not only.

If you look at the chart and don't see an obvious bull run, then maybe we are looking at different charts? Remember, to check the ticker, should be BTC and not BC or BSV  .

[Harlot]

I went to this thread because the title was eye catching and I was really hoping to have a good debate with the OP but unfortunately the FUD with this one is really weak. There's really no kind of analysis to convince the weak hands, no kinds of proofs of any of his claims about a "corrupt exchange" and "2 or 3 whales" pumping BTC. He clearly doesn't know what he is talking about when he said that the growth was inorganic which is really laughable to think of especially when we waited for 1 and half year for BTC to pump up.

[barota]

winter is coming .... August. Will be bad for bitcoin , bitcoin will fall under 6000usd
beware of this market
They are looking for investors to sell their bitcoin at expensive prices

 

[Johnzky]

Bitcoin is back at 10k but every single alt coin hasn't really gone up


The growth is un organic and fake , maybe by 2 or 3 whales or maybe even a corrupt exchange

So that is a MAYBE and no concrete evidence?is this what you magic ball says?😂😂😂

Lol what about now that Bitcoin reaches $14,000?

And just because your altcoins don’t go along the growth of Bitcoin you are saying that this I a fake bull?thats a nonsense mate because altcoin holders are now converting their money into bitcoin that’s why the alts are leaving behind the scene of bullying

[hahay]

winter is coming .... August. Will be bad for bitcoin , bitcoin will fall under 6000usd
beware of this market
They are looking for investors to sell their bitcoin at expensive prices

 

For me 6000 is not enough price to sell my bitcoin because I have more expectation than this, I will hold my coin as I am sure about its potential and recently we have seen the price down so now there are no more chances for dip, price will surely be higher but it is important to buy only real bitcoin don’t get scammed and be very careful while choosing a coin to invest your money.

Well, this is a good trend and to fall to $6k I don't think it's possible for this period and winter is not the reason for the price to be dumped, if winter this year the price is still stagnant at the current rate, then I'm sure at least this year isn't there is a fake increase and completely it is a recovery to reach a new ATH.

[exstasie]

Nothing but slow bleeding and dumps since the crash off $13,200.

This is the first time during this entire correction (since $13,800) the market didn't bounce properly. We dropped $2,200 without a single bounce larger than 38.2%. Previously, 61.8% retraces were common. Did we enter a new bear market or something and nobody told me?

[stfN2128]

Nothing but slow bleeding and dumps since the crash off $13,200.

This is the first time during this entire correction (since $13,800) the market didn't bounce properly. We dropped $2,200 without a single bounce larger than 38.2%. Previously, 61.8% retraces were common. Did we enter a new bear market or something and nobody told me?

why do you expect ongoing price increase after a little correction? its also possible to go sideways for some time until we see the next increase. what we actually see does not mean that we are going down again.

[yvesp110]

winter is coming .... August. Will be bad for bitcoin , bitcoin will fall under 6000usd
beware of this market
They are looking for investors to sell their bitcoin at expensive prices

 

For me 6000 is not enough price to sell my bitcoin because I have more expectation than this, I will hold my coin as I am sure about its potential and recently we have seen the price down so now there are no more chances for dip, price will surely be higher but it is important to buy only real bitcoin don’t get scammed and be very careful while choosing a coin to invest your money.

Well, this is a good trend and to fall to $6k I don't think it's possible for this period and winter is not the reason for the price to be dumped, if winter this year the price is still stagnant at the current rate, then I'm sure at least this year isn't there is a fake increase and completely it is a recovery to reach a new ATH.

I think there is no evidence that this is fake Bitcoin Bull Run because there are visible economic reasons behind the bull run. Huge speculations in Bitcoin is one valid and genuine reason for the rise in the market value of the coin. In addition, crypto market cycle is also one reason for the rise in the market value of the coin. This is actually the period after recession and we are on the way to revival.

[TravelMug]

winter is coming .... August. Will be bad for bitcoin , bitcoin will fall under 6000usd
beware of this market
They are looking for investors to sell their bitcoin at expensive prices

  

For me 6000 is not enough price to sell my bitcoin because I have more expectation than this, I will hold my coin as I am sure about its potential and recently we have seen the price down so now there are no more chances for dip, price will surely be higher but it is important to buy only real bitcoin don’t get scammed and be very careful while choosing a coin to invest your money.

Well, this is a good trend and to fall to $6k I don't think it's possible for this period and winter is not the reason for the price to be dumped, if winter this year the price is still stagnant at the current rate, then I'm sure at least this year isn't there is a fake increase and completely it is a recovery to reach a new ATH.

I think there is no evidence that this is fake Bitcoin Bull Run because there are visible economic reasons behind the bull run. Huge speculations in Bitcoin is one valid and genuine reason for the rise in the market value of the coin. In addition, crypto market cycle is also one reason for the rise in the market value of the coin. This is actually the period after recession and we are on the way to revival.

The only reason that we are already in a bull run is that institutional money is flowing in + don't you guys forget, we will have the next block halving next year.

That alone will push the price and make a run because everyone is trying to accumulate more bitcoin prior to the said event and just wait for the massive exponential growth similar to 2017 in 2020-2021.

[buwaytress]

The only reason that we are already in a bull run is that institutional money is flowing in + don't you guys forget, we will have the next block halving next year.

That alone will push the price and make a run because everyone is trying to accumulate more bitcoin prior to the said event and just wait for the massive exponential growth similar to 2017 in 2020-2021.

Nah, you're still a few cards short of a deck there my friend. If institutional money really is in the game, then this bull run (as people are calling it) has got to be one of the most underwhelming ones to credit big money for. And that's even pretending that bug money didn't already come into play as early as 2016.

Halving? That's also got to be priced in long ago.

Got to think about less obvious fundamentals I think. Network. Usage. Security.

[Maslate]

Those that keep faith with the current bullish trend are making money and those that see it as trap are really losing out. Bitcoin has gained over $9000 since the trend began in April and it is price many of us did not believe bitcoin will get there but we have seen that happening. I do fall for the current happening in the market and I  am happy I did.

People have already made money from it and those who thought it is not going to rise when it was at 4K levels have lost the opportunity to make money from it . So those who had believed in the bull run have gained the good returns on their investment made in btc .

The price isn't yet satisfying to everyone that is why some investors never looked that we are in bull run already but to think that this is just a trap, and they are wrong, totally wrong. What we have now is just a market flows, we shouldn't have to expect that market that it will keep on rising rather than to see its fluctuations arises.

[tippytoes]

Those that keep faith with the current bullish trend are making money and those that see it as trap are really losing out. Bitcoin has gained over $9000 since the trend began in April and it is price many of us did not believe bitcoin will get there but we have seen that happening. I do fall for the current happening in the market and I  am happy I did.

People have already made money from it and those who thought it is not going to rise when it was at 4K levels have lost the opportunity to make money from it . So those who had believed in the bull run have gained the good returns on their investment made in btc .

The price isn't yet satisfying to everyone that is why some investors never looked that we are in bull run already but to think that this is just a trap, and they are wrong, totally wrong. What we have now is just a market flows, we shouldn't have to expect that market that it will keep on rising rather than to see its fluctuations arises.

Just normal market movement. Up and down. Yet, we are in the increasing value of bitcoin. In a matter of months, we will see it reach about $15k. With how many crypto users are onboard already as compared to the past couple of years, no doubt we are heading to much larger adoption.

[Oceat]

Those that keep faith with the current bullish trend are making money and those that see it as trap are really losing out. Bitcoin has gained over $9000 since the trend began in April and it is price many of us did not believe bitcoin will get there but we have seen that happening. I do fall for the current happening in the market and I  am happy I did.

People have already made money from it and those who thought it is not going to rise when it was at 4K levels have lost the opportunity to make money from it . So those who had believed in the bull run have gained the good returns on their investment made in btc .

The price isn't yet satisfying to everyone that is why some investors never looked that we are in bull run already but to think that this is just a trap, and they are wrong, totally wrong. What we have now is just a market flows, we shouldn't have to expect that market that it will keep on rising rather than to see its fluctuations arises.

Just normal market movement. Up and down. Yet, we are in the increasing value of bitcoin. In a matter of months, we will see it reach about $15k. With how many crypto users are onboard already as compared to the past couple of years, no doubt we are heading to much larger adoption.

Yeah, it sucks to see the price pulling back to $10k. Well, this seems normal for a couple of days before the price was hitting at $12k but now it just stopped at $10k and i admit that i was surprised though. Anyway, at least it has been stable in a month or so while staying at this price compared to the price before when it is at its worst, although that was the best time to earn and collect more Bitcoin for future investment.

[STT]

10k is the optimistic price target for the moment, I really want to see it closing above 10,400 in the next 4hr bar for me to believe its not going to encounter rough seas in short order -




So the best chance the bulls have right now is the 50 moving average, it is around here.   9958 might be the 50 DMA and I also see a bounce is appearing but my advice is to get that 10,400 figure or assume a fair bit of profit taking occurs.

Im not agreeing with OP, fake and all that as its just natural rotation.   We went up in a bull run and now its buffalo run, which is where the herd is culled.   The trend as I can see it has been lost, if it regains it I'll say so but I believe there is some significance in this negative price action and it will not end positive on average.  However theres still some time in the few hours ahead for that to prove wrong, we'll see.

[buwaytress]

10k is the optimistic price target for the moment, I really want to see it closing above 10,400 in the next 4hr bar for me to believe its not going to encounter rough seas in short order -

Looks like you almost got what you want, but I guess the damn bears in N America were adamant about ensuring that when Japan/China woke up, they were left with 2 choices. Push on for difficult resistance, or allow the pullback to deepen so they could take down the price back to 4-digit levels... where re-entries are far more profitable.

This took me by surprise tbh, even though I've always felt that all the past few months couldn't possibly be the rally people'd been waiting for. Not quite just yet, my friends.

[maydna]

Unfortunately, we are still down again, and now, bitcoin price reaches $10,171, and it seems, the price is going to slow to increase, and it stuck in that price. But I still have faith that the price will start the rally again after we reach the bottom of the price and who knows, we will see the price can start in this week.

And it seems, if we take a look at the market, there is a war happens between the buy and the sell order and that makes the price is going to go up and down. In the poloniex, the price sell stops at $10,206, but the buy order is change at $10,164, and I wonder when the price will increase higher.