Bull Run or Bull Trap

[DU18]

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?

Well, I don’t think that we are rising from the bottom, in any case, another half a quarter before halving, then we'll see how sudden the bitcoin market will be.

If you look at a current market conditions, it looks like a bull trap might occur but it does not rule out the possibility that a bull run will occur in the foreseeable future considering many conditions that can drive bitcoin price movements in the future, but as a trader we must remain vigilant and continue to monitor current market movement so that we will be ready to make sudden decisions.

[1714114625]

1714114625

[olumyd]

... and we only need to study and take chances to get profit.

When all is said and done, this is perhaps the most important thing to take note of. Taking profits when you can is just what matters, and no matter how small it makes the difference in the long run.

[Kasabus]

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?

Not too fast, it was just a trap, the movement was only less than 5 days IIRC, and price now back to its original bearish price.
Well, we don't know when it will stay this way but we can't tell if it will run uptrend again, some say it's a small FOMO but it seems not because we fail to break the resistance so we we dump again.

[sazonk]

I think now is not too close to the bull trend. Prices are currently experiencing an increase and I don't think it's purely from the real Cyrpto atmosphere, I assume the non crypto influence is really affecting the market right now, some people think that this is greatly influenced by the increasingly heated world politics which is well utilized by actors world economy. And this is not the original habit of the crypto itself. If you want to start buying something and trade, try it carefully and limit the volume of purchases so that when there is a bearish trend it will not panic and not lose too much

[LouVandetta]

More like an uptrend, I think. And the last few days we were on a positive track, that's all. Well, we somewhat had a good price for last few days, until it went the other way around, of course. We might see a retest around 7600-7900, though. Before it sets off to 8k, which I don't know quite well when will it happen. Can it continues its uptrend or we'll we see another bear market this year? We could only wait. And we still have a lot of 2020 left.

[BitcoinHunt3r]

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 not bull trap but for now it will change to bull trend but slowly. Maybe although halving usually make bitcoin price pumped, people will make sure again this halving will bring good trend for bitcoin. Maybe as long i think it is cheap, it is good to buy bitcoin.

[Pelunize12]

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?

well, it is the time for shorting Bitcoin. Bitcoin got rejected from $ 8,300
the downtrend would continue until an unspecified time  
But until it is broken, we have to be carefull. dont lose the train. bcz it would indicate that bull in Bitcoin happen

[ultrloa]

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?

well, it is the time for shorting Bitcoin. Bitcoin got rejected from $ 8,300
the downtrend would continue until an unspecified time  
But until it is broken, we have to be carefull. dont lose the train. bcz it would indicate that bull in Bitcoin happen

The bullish trend still intact since halving season is yet coming but I will agree with you about being careful since still we cannot assure the current situation of the market and might we will get trap for the current value since dump still have chances these days. And we need a good monitoring for this so that we will not miss the train since we might gonna experience a  sudden surge just like what happen before the year 2017.

[bitcampaign]

prices have exceeded the threshold above $ 8k it's time to buy it underneath, not sure it will also be under $ 7k it looks like they are holding above $ 7600, I guarantee we will get out of the bear market this year it's just that everything has to go slowly and not too fast kill the damn bear

[michellee]

I think bitcoin does not yet have a bull run, but it's another time for bitcoin to go up, and as we saw before, bitcoin price can increase from the low price to the high price and then back again to the low price. After this, bitcoin will have time to go up again because that is what happens with the bitcoin price. We should use this time to buy more bitcoin because if the price can increase in the next week, we will have a chance to sell bitcoin at a high price again.

[g4r1n1m]

no one can know for sure
but it looks like we are really close to the bottom
volatility drops, charts look good, positive momentum coming for the next weeks in many altcoins

[Darooghe]

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 look at Bitcoin or any of the major cryptos that generally follow the market, by this chart I’d say we’re out of bear season by how the charts look. further, I think since bitcoin halvening is so close to happen, I really do think that crypto is on a bull run. However that doesn’t guarantee a fresh bull run. I think it really depends on your timeline. If you are long on crypto you're in for a really good bull run. But if you are just day trading it, most likely you're going to fall into some bull-trap. It's all relative. Overall It is nice to once again feel some positivity in the cryptosphere

[Kasabus]

I think bitcoin does not yet have a bull run, but it's another time for bitcoin to go up, and as we saw before, bitcoin price can increase from the low price to the high price and then back again to the low price. After this, bitcoin will have time to go up again because that is what happens with the bitcoin price. We should use this time to buy more bitcoin because if the price can increase in the next week, we will have a chance to sell bitcoin at a high price again.

Of course there's is no bull run yet, people are just hyping so much in a small and temporary rise, look at the price now, when it pumped to over $8000, we were thinking that $9000 would be next then $10,000. but as usual, the price correct and what we thought of a bull run was just a trap.

[zeze18]

I think bitcoin does not yet have a bull run, but it's another time for bitcoin to go up, and as we saw before, bitcoin price can increase from the low price to the high price and then back again to the low price. After this, bitcoin will have time to go up again because that is what happens with the bitcoin price. We should use this time to buy more bitcoin because if the price can increase in the next week, we will have a chance to sell bitcoin at a high price again.

Of course there's is no bull run yet, people are just hyping so much in a small and temporary rise, look at the price now, when it pumped to over $8000, we were thinking that $9000 would be next then $10,000. but as usual, the price correct and what we thought of a bull run was just a trap.

The whales are just doing scalping trade nowdays, they're afraid if they hold for a long time they won't have any "game" anymore in the future because when people already thing bitcoin will increase, people must not sell their bitcoins and that will make whales are not gonna make people FOMO which equals no "food" for them

[Cacingkemi]

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 cannot be sure the bearish market will end, of course, until now we are approaching bullish and of course just waiting for the right time it will happen. and everyone who holds the long term will feel a big profit when the bullish actually occurs after bitcoin is reduced by half. and I think this is not a trap but a scheme to increase its value before half of it happens.

[Golftech]

no one can know for sure
but it looks like we are really close to the bottom
volatility drops, charts look good, positive momentum coming for the next weeks in many altcoins

Many good words emerged at the beginning of this year and you can see that the price of Bitcoin is green and continues to grow slowly to wait for the highest price.

The beginning of the year gives new hopes for investors and traders who are still engaging to this business. Find time to educate yourself and allow
your interest to go deeper with every events that taking place inside the market. Bull run or just another exit attempt who created this small pumped
hard to say but if you are aware and willing to take the risk, all is in your hands.

[Lagduf]

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.

What you said is true, bitcoin in 1 week touched the highest price of 8300$ and is now at 7900$. Maybe this is still the beginning to say if bitcoin is in a bullrun position because prices are back down within a few hours.

It's not too early to say that but you must see the facts. Remember crypto must search the new bottom floor again as the old bottom floor which was around 6k - 7k has already passed by crypto. it looks like crypto is getting the new bottom floor at 8k. Remember so many countries are also announcing if they are working with the various regulation to the crypto and that means the approval for crypto to enter the countries is near us.
You must consider the fundamental of crypto and how sensitive the crypto market is before you can say if it's too early to say that as there is a lot of factors that already supported it.
that's the fact.

[hahay]

Even though one day there is a big correction but that does not mean the bear market is back, this year looks very good for the crypto market which is likely to be a bullish trend, but we don't know when it will happen, whether in the second, third, fourth quarter and we just need to be patient and we should prepare everything before you FOMO, because whatever the value is now and the correction that occurs, the price will definitely increase higher than 20k.

[pajak666]

Even though one day there is a big correction but that does not mean the bear market is back, this year looks very good for the crypto market which is likely to be a bullish trend, but we don't know when it will happen, whether in the second, third, fourth quarter and we just need to be patient and we should prepare everything before you FOMO, because whatever the value is now and the correction that occurs, the price will definitely increase higher than 20k.

I wouldn't be so sure about 20k this year.. we are not even sure if the next cycle started so asking for new tops in a year is a bit much. We had our chance in June '19 but it didn't really go with the flow and we got slowed down before 14k. Patience is the key and i'm afraid we need more of it than we think. Imagine this things take time on their own and here we are on mercy of whales as well. They can easily prolong this for another year if they feel like squeezing retail people who invested money they should have not and are becoming desperate to sell and pay debts or relocate $$ to other parts of their lifes.

[ecnalubma]

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?

Well I guess were moving out of the bear market, good thing that we have this slight recovery after a minor sell offs during the holiday season. I think people are slowly accumulating now for a fear that they could not buy Btc at 4 digit price.