Bull Run or Bull Trap

[olumyd]

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?

[VanDeinsberg12]

We are really moving out from the bearish market and we are entering the bullish trend again. Buy looks like a better decision but just use the amounts that you can afford to lose. But for me, it's not the best decision to buy at the bullish moment as the correction can come anytime.
I just call the price of bitcoin will be very bullish before the halving will have done. I have been buying a lot of bags (altcoin) when the price was falling.
it looks like a bullrun as the resistance price for bitcoin has already broken.  time will tell us

[Cnut237]

You can't really take minor price movements over a couple of days as being indicative of a wider trend.
The rises have been welcome, and with BTC particularly stretching for $8k, it may be that previous resistance levels are setting up to be support levels... but really it is too early to say right now.
We tested downards for a long time, and we always bounced back off the support points. It was only a matter of time before prices started testing upwards. We will see how it goes, it's encouraging, but too early to call what is happening.

[pajak666]

It is still pretty far from bull trend. BTC could get as high as 9k now and it wouldn't change much long-term. I find this more as shorting opportunity than a real trend reversal as there is too few signs for a big change. We need not only to reach certain levels but also stay there for a while before the trend settles back and becomes evidently bullish.

[Trela]

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?

In my opinion, the price of Bitcoin is rising just because the political situation between the US and Iran is increasingly tense leads to many investors, and speculators were worried, then buy Bitcoin and pushing value. So, it's only a temporary trending, not by the supply of Bitcoin is reduced or Bitcoin became scarce or something like that.

Btw, now is also a good time for the scalping traders

[tukagero]

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 cant say that the current happening on bitcoin price is already a start of a bull run,  for me there is a high chance that its only a bull trap.  Bitcoin will only touch 8k then it will drop again.

[meldrio1]

We can not tell if this market is going to bull run or it is a bull trap, but I think we should better  set a stop loss to prevent of losing more money if the prices of cryptos are going down.

[Kyraishi]

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?

I think that it's an actual bull run.

BTC prices, which determines the fate of most of the other altcoins within the market, has bottomed out at $7k and found a nice support level there. Alts generally rally hardest whenever BTC is stable, which is exactly what it's doing now, so it's nothing out of the ordinary.

Besides, ETH and other big cap coins haven't rallied in quite a while which means that right now is their time for an adjustment upwards. That in itself is nothing surprising either to the majority of investors, and doesn't cause concern that this is a bull trap to me at least.

[DaMut]

these past couple years bitcoin always made its move in the early of a new year, look at 2018 and 2019 for example. we are not out of the bear market yet, but I am sure we are moving toward it right now. if you do not know what should you do, then wait until the market changes.

[superving]

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.

[Reatim]

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?

I must accept that i am enjoying the market growth these past few days but i am also afraid of this being another trap because it is too early for the  effect of Halving and also considering that there is a upcoming war in the middle east and US things that should bring negative effect in market and not this positive one so for me?if you are planning to Buy?make sure that you are ready to wait until the end of this year or else you'll end up losing for sure.

and never forget that the amount you can afford to lose is the amount you must risk and not other from your funds.

[iram3130]

There is a confusion in everyone's mind on what might be reason for this BTC uptrend now, most of us think that it might be because of the war situation but there is a possibility of BTC bull run as the halving not so far in the future. Hopefully, its the latter and there may be no war. We may not see a huge alt season this time but top alts will rally with BTC.

[slaman29]

Somewhat bullish sure, but seems pretty normal to me. A few percentages up, a few percentages down. Halving's all about BTC, but the rest of crypto is also all about BTC, so let's see if the effect is as great as people are thinking it will be. Personally I don't think so and I'm worried that disappointment will result in another bear but only thing left to do now is wait and see...

[Pelunize12]

I dont know exactly about what happened in short time period for Bitcoin. even I dont care with that
what I care is about long term. Im optimistic that Bitcoin will be bull run

but if we look at chart, $ 8,000 hasnt broken the resistance. it can't indicate that bull run will happen shortly
at least the resistance broken, then we can consider others aspect.

[FairUser]

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 have been in the bull run market since 2019. The market started to rise when the bitcoin price fell to $ 3100 and now the price has reached $ 8000, which is the bull run so you don't need to be scared. Invest if you can because in the near future the price will definitely continue to go up and I don't want to see you and others regret having missed the opportunity to buy bitcoin at a cheap price.

[kotajikikox]

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.

lol the day has ended yet Bitcoin never touched $8k so your prediction fails,but maybe later it will take more than $8k because it is holding tight to 7,800-7,900$

I dont know exactly about what happened in short time period for Bitcoin. even I dont care with that
what I care is about long term. Im optimistic that Bitcoin will be bull run

atleast you will put time frame for your holding because if not then Bullrun will passed and still you will keep holding?or at least Price target like me,18k to 20k is enough for me now to sell out and will buy again when the value drops to below 15k

but if we look at chart, $ 8,000 hasnt broken the resistance. it can't indicate that bull run will happen shortly
at least the resistance broken, then we can consider others aspect.

$8k is not a resistant for bullrun to be consider because remember we have almost touched 14$ last year and what more this year that Bitcoin Mining Halving is coming?i think the resistance must be atleast 5 digits again to be considered as bullrun.

[jossiel]

Again another "no one knows" if we're getting out totally of the bearish market.

I don't have a call for the price and it should be your call. This is a very hard thing to assume if we're just seeing it within few hours. Give time until the market stabilizes again and see how much the price support would be.

But the tip that I have for you, why buy if the market starts going up? wait until it goes dip.

[Hippocrypto]

It is still pretty far from bull trend. BTC could get as high as 9k now and it wouldn't change much long-term. I find this more as shorting opportunity than a real trend reversal as there is too few signs for a big change. We need not only to reach certain levels but also stay there for a while before the trend settles back and becomes evidently bullish.

I wonder why several people who've been trying say there's bullrun even if the reality doesn't show a positive outcome. The trend was very slow in rising, that's why we couldn't consider the slight increase as effect of bullrun. If you're thinking that there's a bull trap, I don't think so. When there's a trap, a temporary market spikes occurred so high but suddenly fall down so fast.

[bitgov]

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?

If you want to invest long-term, then I think this is a good time. However, there is still a lot of time for halving and a lot can happen (good and bad things). But, if you do not plan to sell BTC before the end of the year, then I think you have nothing to fear.

[LogitechMouse]

The recent movement of Bitcoin is somewhat bullish for most of the experts and technical analysts out there but still, we don't know what can happen to Bitcoin.

As I'm writing this post, the price of Bitcoin is slowly decreasing right now. It didn't hold the 8k mark for that long but I think that this decrease will be a healthy short correction and we are heading to another rise again in the next few days/weeks. I'm bullish on Bitcoin right now but still I'm careful on it.