Bull Run or Bull Trap

[Pelunize12]

At this time, Bitcoin price is around $ 9,300. Im sure that is a good sign to see another ATH
I bought and hold from $ 7,000 in several months ago. I just keep it simple by buying and holding
I dont take it hard by think too much about the price, all I believe is Bitcoin will be good in the future

Looking at Bitcoin history, it always gets pump after halving happened
and the halving will happen in this near future

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[peter0425]

Sudden market movements these past few days have been somewhat bullish, I know we've got the whole halving thing in view, but are we really moving out of the bear market? If so can I buy or just short this b*tch. If the latter, what's your call price?

looking on how market  flow this whole month of January?maybe this is not a trap specially if we still have this the whole February because of does?then that is a signal of Bull coming early before halving.

watch alessio rastani videos
he talks exactly about that - what levels to watch to confirm if it is a bull market or not
what price should hold - and when to sell
stuff like that
i learned a lot  from him

asking in the forum will never give you educational clear answer

and this one will do?lol most of this are only longing for traffic but like many?all are the same and that is speculating nothing is precise.

[TWW]

not for a bull trap this time because even if the price goes down at any time, it is just a normal correction. thus i personally believe this year will be a crypto year because the recovery that occurred even at the beginning of the year is an amazing resistance and we don't need to wait for lower prices, if you don't want to be left behind to buy at low prices then just do it before the price exceeds $10k

The BTC dominance will increase again and the price will go up till $15000 if the momentum stays at these temptation for a long time. What goes up have to come down, the recovery case is possible too. In both situations, buying the lower-lows will be a decision of wise trader.

every increase will indeed decrease. and that is common in the crypto market. we can't call it a trap. but look at something as positive as a bigger opportunity to prosper on the bitcoin market. if we enjoy markets that move up and down I think we can benefit from such a market. but the market now seems to be stronger and will probably keep going up.

[princecharles]

We can't say for sure, what is being experienced in the market, but in my opinion, It's a bull run which is gathering momentum for the flight. The bull run has been long anticipated and its great to have the bull run back. The value of Bitcoin has been increasing steadily and this shows that more people are coming into the fold.

[coinfinger]

A lot of people first thought about the drop as the bull trap and many people were convinced the increase we saw to 9k was just a fake bull run and whales made us hyped about the increase and it actually wasn't a really increase and with that drop we were just losing money and would go even less to 6.4k levels etc etc. Now that we are back to 9k, would the people who believed these things finally realize that they were wrong and the price is not really wrong and we are actually going higher? This is not a fake run, this is not a bull trap, this is a really good and honest bull and we are allowed to be hyped about it since its a real one.

I am not saying price is going towards 20k, but at least the increase towards 9k was a real one and there is nothing wrong with going up just a bit and just being that, not all increases in price has to be 50%+ increases, sometimes there are honest and legit 10% increases and that is just it without anything else.

[SMOKEU]

the market now is starting to be on bullish run.. bitcoin surpasses 9,000usd.. let's wait for more uptrend

[dishku]

All TA's in favor of current movement which showing current momentum is really strong so we can keep this ongoing trend could trigger the next bull run. On the other side fundamentals are also helping a lot to grow more while people are looking for safe heaven at the moment so that from my point of view this is just beginning of the new era.

[lienfaye]

the market now is starting to be on bullish run.. bitcoin surpasses 9,000usd.. let's wait for more uptrend

The market is really unpredictable, after experiencing an ups and down price for btc last year now it seems the movement of the price will be in uptrend. We dont know how long it will last but it might be an indication for the coming days to expect a much better price that can turn to bull run. Halving is not yet happening but the price of btc is showing growth already, its not right to assume but for now lets enjoy the current status of the market.

[Sanugarid]

watch alessio rastani videos
he talks exactly about that - what levels to watch to confirm if it is a bull market or not
what price should hold - and when to sell
stuff like that
i learned a lot  from him

asking in the forum will never give you educational clear answer

It will create confusions if you will relied to each replies to your question but by doing good research and finding the right pattern will give you
good understanding and knowledge that eventually if you continue to keep enhancing will bring out good opportunities to judge situations accordingly.
Decide to whatever extent you understand the market sentiments, it's your money anyway.

We don't actually know what's gonna happen in the near future especially this year. We are all hoping that bull run will happen, who are those people are not hoping that to happen? Of course, we all want that to happen. What can we do as of now? Since we cannot do anything about the prices is that we should still believe and keep on supporting cryptocurrency. We cannot predict what's gonna happen because the prices are not that stable, we know that cryptocurrency is volatile in terms of prices. Cryptocurrency's volatility is passive. We should have hope and keep on holding on that crypto we've bought.

[MufasaR]

Sudden market movements these past few days have been somewhat bullish, I know we've got the whole halving thing in view, but are we really moving out of the bear market? If so can I buy or just short this b*tch. If the latter, what's your call price?

We can not remain in the bear market forever, moreover we need a new support and resistance level for the new year. And with all things considered everything is pointing in the direction of crypto being bullish, for example the Chinese new year the bitcoin halving  and possibly the dollar losing its value on the forex market.

[bison]

the market now is starting to be on bullish run.. bitcoin surpasses 9,000usd.. let's wait for more uptrend

The market is really unpredictable, after experiencing an ups and down price for btc last year now it seems the movement of the price will be in uptrend. We dont know how long it will last but it might be an indication for the coming days to expect a much better price that can turn to bull run. Halving is not yet happening but the price of btc is showing growth already, its not right to assume but for now lets enjoy the current status of the market.

it looks like this situation will continue until the end of the year and even early next year. this is related to halving bitcoin and we will see how the market will grow well. but there will be a down graph in certain situations.

[jossiel]

We can not remain in the bear market forever, moreover we need a new support and resistance level for the new year. And with all things considered everything is pointing in the direction of crypto being bullish, for example the Chinese new year the bitcoin halving  and possibly the dollar losing its value on the forex market.

The Chinese New year didn't really affected the market and it's done already.

I agree that it cannot be bearish all of the time and it cannot be bullish as well. The balancing of the market is always perfect and whenever we think that it's still bearish, actually it's becoming bullish and vice versa. A trap or not, you can ever imagine if we're actually getting out of the actual bear market.

The support however rounds to $8,900 - $9,300.

[Kasabus]

The support however rounds to $8,900 - $9,300.

That's a great support so no wonder we are still staying at $9,000+ now.
It's been quite for awhile, there's a small correction but it wasn't strong enough to bring the price below $9,000 so it's high time to expect a new run.
Bitcion as the halving is approaching might be bullish most of the time and those who believe on the hype are holding in a good price now which they are up already 30-40% when buying at $7k.

[Psynthax]

We can't say for sure, what is being experienced in the market, but in my opinion, It's a bull run which is gathering momentum for the flight. The bull run has been long anticipated and its great to have the bull run back. The value of Bitcoin has been increasing steadily and this shows that more people are coming into the fold.

for a few years we have been getting bearish trend and that makes sense if we are getting the bullish trend again, i have expected if we will see the next ATH in the upcoming months.
This will be a long term bullrun. The bitcoin is steadily increasing again and that brings more power to the market to follow it.

[jossiel]

The support however rounds to $8,900 - $9,300.

That's a great support so no wonder we are still staying at $9,000+ now.
It's been quite for awhile, there's a small correction but it wasn't strong enough to bring the price below $9,000 so it's high time to expect a new run.
Bitcion as the halving is approaching might be bullish most of the time and those who believe on the hype are holding in a good price now which they are up already 30-40% when buying at $7k.

It actually is.

The corrections do usually happen most of the time during the weekends and we're seeing today, as usual, a red indicator on the market which means this is again another good time to buy.

There was a time that bitcoin plummeted to $6,000 and those who have bought with that price can retrieve their profit regardless of the corrections right now.

[Natalim]

There was a time that bitcoin plummeted to $6,000 and those who have bought with that price can retrieve their profit regardless of the corrections right now.

Exactly because that was the dip during those times, well maybe last year it was $3k but from that price bitcoin have pump a lot reaching to $13,000 then it falls back to $6k then pump again to $10,000, then fall back to $7000 by the end of the year.

This year we reach $9000 by the end of January and if people are just playing games with the volatility, they can make profits many times since many times there's an opportunity given to us traders.

[slaman29]

The support however rounds to $8,900 - $9,300.

That's a great support so no wonder we are still staying at $9,000+ now.
It's been quite for awhile, there's a small correction but it wasn't strong enough to bring the price below $9,000 so it's high time to expect a new run.
Bitcion as the halving is approaching might be bullish most of the time and those who believe on the hype are holding in a good price now which they are up already 30-40% when buying at $7k.

Well the analysts have been asking for several days now to stay above 9k and it will almost be a week I guess, so does the extra days of staying above it without moving up mean something good for btc?

I notice also some alts have moved up a few more levels ahead of bitcoin. People will soon be whispering alt season:P

[jossiel]

There was a time that bitcoin plummeted to $6,000 and those who have bought with that price can retrieve their profit regardless of the corrections right now.

Exactly because that was the dip during those times, well maybe last year it was $3k but from that price bitcoin have pump a lot reaching to $13,000 then it falls back to $6k then pump again to $10,000, then fall back to $7000 by the end of the year.

This year we reach $9000 by the end of January and if people are just playing games with the volatility, they can make profits many times since many times there's an opportunity given to us traders.

I still remember the $3,000 last year and I think it was during this season.

However, it was ended and that confirms that we're good and out of the bear market. But that doesn't make them believe that it's an actual bull run because they want a quicker run which shouldn't be expected. The price now drops again to $9,125.

And expect it under a little of $9,000.

[leetcoiner]

The market has been gradually moving upwards for a long time, so I think it's not a bull's trap, it's likely to be a bull run soon.

[olumyd]

The market has been gradually moving upwards for a long time, so I think it's not a bull's trap, it's likely to be a bull run soon.

That's exactly what a trap looks like, lure people in and then WHAM! Remember 2017 bull run, same thing happened. Chart was looking nice - uptrend and all the speculations around Futures, and ETFs. And then the dip that left making scarred. This time, I do hope BTC stays up longer.