Bull Run or Bull Trap

[crossabdd]

I am sure if this is a bullrun, even though a few hours ago bitcoin fell again, but it did not eliminate the initial level as a sign of bull. bitcoin is still at the level of $ 8000. My call level for BTC is at $9500- $10000 until the middle of February. hopefully this is true, by looking at the direction of the graph that is increasingly rising.

[Naficopa]

I am sure if this is a bullrun, even though a few hours ago bitcoin fell again, but it did not eliminate the initial level as a sign of bull. bitcoin is still at the level of $ 8000. My call level for BTC is at $9500- $10000 until the middle of February. hopefully this is true, by looking at the direction of the graph that is increasingly rising.

Fortunately, today's correction did not cause panic. If the price stays at this level for the next few days, your predictions may come true. However, there is still a lot of time to halving, so anything can happen. If the price will increases slowly, it can actually be the beginning of the bull run.

[novaprime]

There were lots of speculations in the market when the price moves and most of the time those speculations failed. We should be really aware that the bitcoin market is very volatile that whatever we see the market is might really affect our decision. this might be a trap or not we should focus on the current market.

This market is very easy to manipulate, so all our predictions are never accurate and best before investing, take some time to analyze. In fact, value of Bitcoin only increased in a short period of time but it will be adjusted for a long time so if you have decided to invest long term, you should set price to sell. I don't have much advice for you because the market is very volatile and it is difficult to make a profit when the bear market returns.

The most important thing is to ensure the assets when investing and choose only coins with the potential to increase in the near future because that is the simplest way to make money.

[Golftech]

There was a funny dump in BTC price from 9150 to around 8600. And I'm pretty sure a lot of guys who went margin on long got hurt by that sudden $500 loss from the market. And if they didn't use any stop loss, it would be terrible.

That's the thing that I'm also worried about with the decline in investment of millionaires who are getting tired of the price of Bitcoin that hasn't improved until now. this will worsen the situation in my opinion later. But hopefully our hope does not happen.

They knew how to play and if we are talking about big investors they are just working around trying to sort things up and make more millions
with their positions. The current situations regarding to this downfall will surely hurt those who fomos to buy while expecting that the bull will
continue to pumped high, suddenly it went back and made some corrections.

[Omega Weapon]

its not bull run yet, but bull trap it depends on you .. if you buy now then you must probably waiting for the bull trap.. as if you do not know how the market works. if bitcoin reaches to 15k then you can think its a bull run

If you look at the charts it is clear that everyone is confused about the direction the market should take, there are many traders predicting a bull run and there are as many traders predicting a drop in the price, personally I think the bears can still take control of the market but if they do not do that during the next days then we may see an increase in the price but I doubt it will be a bull run since I do not expect that to happen after the halving.

[naikturun]

maybe because it is approaching the lunar new year there is a reason the market is going up, yes whatever it is I think it is purely because the demand of people only relate it to the news in order to make fomo or fud.
people also predict that after the new year the market will decline again.

[Pelunize12]

its not bull run yet, but bull trap it depends on you .. if you buy now then you must probably waiting for the bull trap.. as if you do not know how the market works. if bitcoin reaches to 15k then you can think its a bull run

If you look at the charts it is clear that everyone is confused about the direction the market should take, there are many traders predicting a bull run and there are as many traders predicting a drop in the price, personally I think the bears can still take control of the market but if they do not do that during the next days then we may see an increase in the price but I doubt it will be a bull run since I do not expect that to happen after the halving.

in short term, it is confused to know the direction. Market is still probably going down.
After last drop from more than $ 500, it indicates that bear still have power here
But in long term, it is easy to say that market is in bottom price. Market can recover ASAP

[adroitful_one]

There was a funny dump in BTC price from 9150 to around 8600. And I'm pretty sure a lot of guys who went margin on long got hurt by that sudden $500 loss from the market. And if they didn't use any stop loss, it would be terrible.

That's the thing that I'm also worried about with the decline in investment of millionaires who are getting tired of the price of Bitcoin that hasn't improved until now. this will worsen the situation in my opinion later. But hopefully our hope does not happen.

I'm sure most of the millionaires that don't have to worry about having the money on hand probably already made 100% during last years little run. I don't think that this is an issue for them. You guys seem to forget that Bitcoin is up 100% throughout the year 2019. Most of the millionaires have already been buying Bitcoin since when it was around $3,000 and are doing very well on their investments.

[Taskford]

There was a funny dump in BTC price from 9150 to around 8600. And I'm pretty sure a lot of guys who went margin on long got hurt by that sudden $500 loss from the market. And if they didn't use any stop loss, it would be terrible.

That's the thing that I'm also worried about with the decline in investment of millionaires who are getting tired of the price of Bitcoin that hasn't improved until now. this will worsen the situation in my opinion later. But hopefully our hope does not happen.

I'm sure most of the millionaires that don't have to worry about having the money on hand probably already made 100% during last years little run. I don't think that this is an issue for them. You guys seem to forget that Bitcoin is up 100% throughout the year 2019. Most of the millionaires have already been buying Bitcoin since when it was around $3,000 and are doing very well on their investments.

In terms of money all down fall is issue to them since if they can feel the dump and lose huge money even if the dump is so little, and I believe the millionaire's are holders from the past and whatever they earned for way back then lose when the market strike down badly on year 2018 and for sure this 2020 is there recovery phase that's why we can see the demand little more rising since maybe some of the movements is due to manipulation or  other.

[Yaunfitda]

Trading volume is still huge, so I think we are still in the bull run as the price of most altcoin are not going down. Indication that investors are still willing to risk at this early stage of 2020.

Right now all markets are green, looking very good so I'm expecting that this will continue and I do hope that there will be some fomo, to at least push eth to $200 and bitcoin to $9000.

[Paycoinzzz]

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 the current market, my answer is yes. because it has broken through strong resistances of $ 7k, $ 7k8 and $ 8k. The strong growth is due to the positive impact of the crypto market due to Trump's rocket launch to Iran, that instability that has caused many people to buy bitcoin and push its price up. In addition, we have more than 110 days left before Halving Bitcoin takes place. That's why many people are collecting bitcoin and pushing its price up slowly. So I don't think this is a trap.

[Kasabus]

In addition, we have more than 110 days left before Halving Bitcoin takes place.

No, it's 111 days left.
https://www.bitcoinblockhalf.com/

That's why many people are collecting bitcoin and pushing its price up slowly. So I don't think this is a trap.

people followed the trend and trend says it will be bullish prior to the halving, so collecting is normal and it does not guarantee that the price will really rise, but actually we have a good start, so as of this time, I can say its good and it's not a trap.

[Taskford]

In addition, we have more than 110 days left before Halving Bitcoin takes place.

No, it's 111 days left.
https://www.bitcoinblockhalf.com/

That's why many people are collecting bitcoin and pushing its price up slowly. So I don't think this is a trap.

people followed the trend and trend says it will be bullish prior to the halving, so collecting is normal and it does not guarantee that the price will really rise, but actually we have a good start, so as of this time, I can say its good and it's not a trap.

Likewise since the pump and dump is not the same on past year  where we can see a fast changes in 24 hours movement but for now the upper trend is much calm and there's no fud striking yet so we can conclude that this is a good start since the accumulation phase for halving is just starting up and for sure we can see the real effect when the days are nearly hitting at the date.

[longyenthanh]

Market hopes are very high, but we must not forget that the marketcap is still small. If some whale wants to manipulate the price, he probably will succeed. At the moment, the situation looks very positive, but remember that in such moments whales like to start their game. Everything is possible ,so be careful guys!

[Bitze]

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?

basically i have been bullish for a long time. first of all everybody should know that it never goes in one direction only.
I would currently use resets when fiat is available for rebuying and not panic because the trend is basically already upwards in 2020.

[uray]

There was a funny dump in BTC price from 9150 to around 8600. And I'm pretty sure a lot of guys who went margin on long got hurt by that sudden $500 loss from the market. And if they didn't use any stop loss, it would be terrible.

The option market is a real trap as you can burn yourself if you are not careful. Stop loss is necessary when you are playing in the option market but considering the general market situation it is not a bull trap, the market is on a recovery phase and by the end of this year we will see a bull run and even if the market went down consider it as an opportunity to invest.

[Pamadar]

There was a funny dump in BTC price from 9150 to around 8600. And I'm pretty sure a lot of guys who went margin on long got hurt by that sudden $500 loss from the market. And if they didn't use any stop loss, it would be terrible.

The option market is a real trap as you can burn yourself if you are not careful. Stop loss is necessary when you are playing in the option market but considering the general market situation it is not a bull trap, the market is on a recovery phase and by the end of this year we will see a bull run and even if the market went down consider it as an opportunity to invest.

If you are optimistic and you have faith from this industry buying when the market falls and keep accumulating as there's always a hope that bounce back will happen next. It's crucial when you are in a day trading setup since volatility is really tough to predict. It's your own interpretations and depends from how you see the market conditions, observe and learned how to anticipate in order to realize your next position.

[dodgrad]

I see that everyone is very optimistic about the future, but in my opinion this correction - $ 500 is not a sign that there will be no further price drops. It is possible that there will be a bull run after halving, but when it comes to the current market situation I am not sure that the bear market is over. Better be carefull guys.

[puremage111]

I will call it a bull run
Meanwhile the bulltrap is just acting like a wipe off to clear out weak hands before the bull pump

This is how Whales make money
They wash you out, meaning more supply are available in the market at the moment you are washed. They then push again with better cost because most people get wash out, leaving the coins to flood the market

[jostorres]

Everyone hold your horses, just because bitcoin dropped a bit doesn't mean it was a bull trap. I know many of you feel violated once again after bitcoin looked like it will go up but it didn't I am sure you would like to know why and when will it recover, some of you probably even purchased bitcoin at higher prices and now wondering if you did wrong, some of you that did that would even consider getting out of crypto for good because you are sick and tired of the same thing happening to you all the time.

I would like to call out to those of you that think like that, if you are getting out, wouldn't matter if you just waited a little longer, there is nothing you want out of crypto anymore anyway so waiting for another year wouldn't matter all that much, you will see that it will make you regret ever thinking like that in a year.