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Author Topic: Bull Run or Bull Trap  (Read 3362 times)
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April 15, 2020, 09:12:09 AM
 #221

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 are still not in a bullish market, if you can see the chart of the 1 day time frame, Bitcoin is forming a Rising wedge, and usually this pattern will give a touch of the price down, you have to be careful for now, if the BTC price can touch $ 8000, this pattern will fail and the Bullish is returns

   Olumyd I think that sudden market movements are happening all the time in crypto-market, not just
in the last few days! Bullish and bearish trends are a common happening in crypto! After few years you see that
for yourself.
   Smitty Werben we are not in the bullish market, the price is struggling to maintain this level. Some experts
predict bad weeks for crypto-market. Even with so many negative news I still believe that halving will make
some changes and maybe open second part of this year with some nice bullish rise.



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April 15, 2020, 09:47:28 AM
 #222

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 are still not in a bullish market, if you can see the chart of the 1 day time frame, Bitcoin is forming a Rising wedge, and usually this pattern will give a touch of the price down, you have to be careful for now, if the BTC price can touch $ 8000, this pattern will fail and the Bullish is returns

this has been the point of discussion of the news channels in the last few weeks with some people saying that the price could drop to $3000  and others saying that the price could go up a lot, I took the liberty of posting something interesting:

bitcoin hash rate erases march losses before epic difficulty surge

if the price of bitcoin increases a lot, then the price of altcoins can also increase a lot, but as you said, everything will depend on whether the price can increase above $8000

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April 16, 2020, 06:35:07 PM
 #223

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 are still not in a bullish market, if you can see the chart of the 1 day time frame, Bitcoin is forming a Rising wedge, and usually this pattern will give a touch of the price down, you have to be careful for now, if the BTC price can touch $ 8000, this pattern will fail and the Bullish is returns
If we take into account the performance of Bitcoin back in 2020, in any case, we can talk about a bullish trend in the cryptocurrency market.  But this applies only to Bitcoin and Ethereum, as well as several rating cryptocurrencies, but not the entire cryptocurrency market.  Although I used to believe with confidence that Bitcoin affects all cryptocurrencies that represent promising projects, now the situation is completely different.

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April 27, 2020, 11:29:27 AM
 #224

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 are still not in a bullish market, if you can see the chart of the 1 day time frame, Bitcoin is forming a Rising wedge, and usually this pattern will give a touch of the price down, you have to be careful for now, if the BTC price can touch $ 8000, this pattern will fail and the Bullish is returns
If we take into account the performance of Bitcoin back in 2020, in any case, we can talk about a bullish trend in the cryptocurrency market.  But this applies only to Bitcoin and Ethereum, as well as several rating cryptocurrencies, but not the entire cryptocurrency market.  Although I used to believe with confidence that Bitcoin affects all cryptocurrencies that represent promising projects, now the situation is completely different.
Now only the top coins have risen well during these hard times and things have definitely changed completely when the covid-19 came out. I think the next time will be a decisive time for the next trend of the crypto market and you definitely need to be more careful as this can be a trap. At present, the world situation is very complicated and there is no certainty at this time.



                                                                                                                                             
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April 27, 2020, 01:12:52 PM
 #225

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?
Since you made this thread the price of Bitcoin is experiencing a Bulltrap, the increase from $ 7,000 to $ 10,000 then in March plunged to $ 3800, really a great whale plan, I hope you don't buy at $ 10000, we know that bitcoin before halving won't touch All Time High, but after Halving it can happen

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April 27, 2020, 01:27:21 PM
 #226

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 are still not in a bullish market, if you can see the chart of the 1 day time frame, Bitcoin is forming a Rising wedge, and usually this pattern will give a touch of the price down, you have to be careful for now, if the BTC price can touch $ 8000, this pattern will fail and the Bullish is returns
If we take into account the performance of Bitcoin back in 2020, in any case, we can talk about a bullish trend in the cryptocurrency market.  But this applies only to Bitcoin and Ethereum, as well as several rating cryptocurrencies, but not the entire cryptocurrency market.  Although I used to believe with confidence that Bitcoin affects all cryptocurrencies that represent promising projects, now the situation is completely different.
Now only the top coins have risen well during these hard times and things have definitely changed completely when the covid-19 came out. I think the next time will be a decisive time for the next trend of the crypto market and you definitely need to be more careful as this can be a trap. At present, the world situation is very complicated and there is no certainty at this time.

It's possible that this is a bulltrap that they make it appear like it's growing steadily. Remember that the whole crypto marketcap was up to $300B before the crisis. If those whales are manipulating this market they can easily put their money back up and then drag down again. Those investors who had bought at more than 10K last year are either not coming back anymore or sold their coins at a loss because they need the money for the lockdown.


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April 28, 2020, 07:12:01 AM
 #227

Just in few more days from now, bitcoin halving will start. We do know how bullish it was when the last bitcoin halving happens. I do believe such will repeat itself again. It quite unfortunate that so many people have exchange their bitcoin for fiat due the pandemic. Let's be hopeful that this year halving with skyrocket other altcoin not only bitcoin

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April 28, 2020, 09:39:41 AM
 #228

No one knows what will be the outcome of crypto market this year,  if its a bull run or just another year for bears dominating the market. Only one i know for sure bitcoin will touch $8k this day.
All we always to do is predicting the price of coins in the market, On which will be true or not.
But as you said about bitcoin to reach a price $8,000 well that was easy for bitcoin, Actually it reach it already in a past month in a price of $10,000. And for now back again to $7,000 and Ill think these will be a time for us to buy than waiting it to rise in a high price.
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April 28, 2020, 11:05:52 AM
 #229

Just in few more days from now, bitcoin halving will start. We do know how bullish it was when the last bitcoin halving happens. I do believe such will repeat itself again. It quite unfortunate that so many people have exchange their bitcoin for fiat due the pandemic. Let's be hopeful that this year halving with skyrocket other altcoin not only bitcoin
Yes even we dont want to sell our bitcoin we have no choice but to sell (especially those who dont have savings) because of the crisis happening in the world.

The market is somehow turning bullish and I think its because of the expectation of many investors in the coming halving thus they started to buy before it happen.

But still we'll never know what is going to happen before and after halving so lets just wait and see.

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April 29, 2020, 10:04:50 AM
 #230

Just in few more days from now, bitcoin halving will start. We do know how bullish it was when the last bitcoin halving happens. I do believe such will repeat itself again. It quite unfortunate that so many people have exchange their bitcoin for fiat due the pandemic. Let's be hopeful that this year halving with skyrocket other altcoin not only bitcoin
Yes even we dont want to sell our bitcoin we have no choice but to sell (especially those who dont have savings) because of the crisis happening in the world.

The market is somehow turning bullish and I think its because of the expectation of many investors in the coming halving thus they started to buy before it happen.

But still we'll never know what is going to happen before and after halving so lets just wait and see.
I believe with the pandemic or not experienced crypto investors have already know what will aftef halving which is bullrun market because the bitcoin block halving was set as an ideal way to control/sustain the market price growth.
Meanwhile, the pandemic will only reduce the level of the market surge but it can't stop the market from gaining bullrun trend.

A bull trend will continue even though whether it is halving but as of now, we are in crises with this Corono because where countries are facing lot issues with this virus, which we don't have any vaccine for it to control and it will definitely affect on the economic growth of the countries. Which people might lose their job and this will definitely affect the cryptocurrency too.
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April 29, 2020, 11:16:45 AM
 #231

Right now the market are rising and we are thankful this again and we still need to monitor the market if it  going to continue.
I don't see any bull trap to this because market are have good improvement than the last year 2019 and we knew that if we compared it.

Im hoping the bull run starts now and I think they have possibility to happen and Iwe need to unity now not panoc selling is the key to bull run.
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April 29, 2020, 11:20:22 AM
 #232

A bull trend will continue even though whether it is halving but as of now, we are in crises with this Corono because where countries are facing lot issues with this virus, which we don't have any vaccine for it to control and it will definitely affect on the economic growth of the countries. Which people might lose their job and this will definitely affect the cryptocurrency too.


We are facing a crisis now but bitcoin is still bullish, so that is something that would say that bitcoin is related or correlated with the economy now, it's use by people on their transactions like trading, gambling, or investing, it's not something that the government could touch, so you can see that there's a real trust here from those who understand who corrupt fiat system is.

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April 29, 2020, 07:00:55 PM
 #233

This year it is likely that there will be no bull race at all, the market will slowly grow upwards, so there is no need to wait for big profits this year, it is better to invest in top coins for now, because they are cheaper now.
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April 29, 2020, 07:48:10 PM
 #234

I can't say that it's a bull trap since we're really in a bad economic situation right now and we can't blame any manipulators right now. Admit it or now, the pandemic has been affecting the crypto world as well since most investors are highly affected. It's just a good thing that the market, as well as Bitcoin, is still standing firm no matter what the situation is. The decision of selling or purchasing will still rely on how we trust crypto.
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April 29, 2020, 07:50:08 PM
 #235

A bull trend will continue even though whether it is halving but as of now, we are in crises with this Corono because where countries are facing lot issues with this virus, which we don't have any vaccine for it to control and it will definitely affect on the economic growth of the countries. Which people might lose their job and this will definitely affect the cryptocurrency too.


We are facing a crisis now but bitcoin is still bullish, so that is something that would say that bitcoin is related or correlated with the economy now, it's use by people on their transactions like trading, gambling, or investing, it's not something that the government could touch, so you can see that there's a real trust here from those who understand who corrupt fiat system is.

maybe it just means people are panic and buy crypto
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April 29, 2020, 11:59:14 PM
 #236

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?
For Hold or trade, buy always in dip price. That sudden move was indicated for this situation. Bulltrap is over because always after bullrun price is stable but price drop is very rare situation. Now you can buy top coin with high price or buy any altcoins with low price. Altcoins bullrun can take more than 6 month after halving time. Check some new altcoins in running Bitcoin bullrun.
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April 30, 2020, 07:07:44 AM
 #237

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?
Now we can be sure that the downtrend has been broken. a strong growth and has caused the price of bitcoin to increase by nearly 25% since yesterday. This is crazy and shows that the mood of the crowd is excited about the recovery of the stock market and crypto market. Maybe the market will correct a little before it grows strongly when halving ends. I am excited and expect the price of bitcoin to rise to $ 15k this year. there will be an opportunity for us to invest from now on.

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April 30, 2020, 08:10:19 AM
 #238

Now we can be sure that the downtrend has been broken. a strong growth and has caused the price of bitcoin to increase by nearly 25% since yesterday. This is crazy and shows that the mood of the crowd is excited about the recovery of the stock market and crypto market. Maybe the market will correct a little before it grows strongly when halving ends. I am excited and expect the price of bitcoin to rise to $ 15k this year. there will be an opportunity for us to invest from now on.
yes indeed this makes everyone happy but I also hope that this is real, not manipulation that can be dumped at any time, because sometimes I still don't believe if the price increase is this fast

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April 30, 2020, 03:03:05 PM
 #239

I can't say that it's a bull trap since we're really in a bad economic situation right now and we can't blame any manipulators right now. Admit it or now, the pandemic has been affecting the crypto world as well since most investors are highly affected. It's just a good thing that the market, as well as Bitcoin, is still standing firm no matter what the situation is. The decision of selling or purchasing will still rely on how we trust crypto.

We can never blame manipulators. Of course the market is swinging in the direction that people want at the top, that is their call,,, it is up to us not to give in on our individual portfolios. Make the money you can, when you can, and make sure all you put in is what you can afford to lose. Then it does not matter bull run or bull trap.

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April 30, 2020, 05:03:48 PM
 #240

I think there was a small 'bull run' because we are close to bitcoin halving and more and more people join again in crypto world . I would recommend you guys to hold your crypto and wait for another big pump

   We can say it like that, small bull run, the price of Bitcoin is now close to $9k, two weeks ago we had price
under $7k. Many other alt-coins followed this Bitcoin rise, and crypto-market looks beautiful with dominant green!
   Bull run can end with bull trap, so after this rise we can see another drop! Bitcoin halving is coming closer, we
are all excited about that, and all that can lead people into buying and price can surprise and drop before we see
some significant bull run again!



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