Any further forecast?

[Wysi]

People says that the bearish market is over but still some feels that it's a bull trap there will be one more dump before halving, some of them even believes that the bull run has already started. I know the market is unpredictable and nothing can be taken into consideration when it comes to predictions but kindly vouch your opinions about current market.

[jakelyson]

My take is you do not listen to them. They can have an interior motive why they are telling these.  And besides, everything they have is all speculation and as good as your own speculation.

I suggest doing your own homework. Do your own TA and research and act to it accordingly. It does not matter if it is bull or bear trend. Enter the market when your TA suggests it and exit when you have enough profit.

[Wexnident]

There is a chance of the bear run being over, with how BTC broke the $8.5k level just recently, and the bulls trying to push through to $8.6k. But it stands only as a chance. There's still a possibility of it going back down, just like what happened a few days ago where BTC pulled down to $7.7k after a run to $8k for two days.
As it stands though, a lot are looking at the market positively because of the recent $8.5k run by BTC, which is probably why they are spreading the word of the bear market being over.

[Bagaji]

My take is you do not listen to them. They can have an interior motive why they are telling these.  And besides, everything they have is all speculation and as good as your own speculation.

I suggest doing your own homework. Do your own TA and research and act to it accordingly. It does not matter if it is bull or bear trend. Enter the market when your TA suggests it and exit when you have enough profit.

Is there any where to further do more research on the market trend of Bitcoin than here? I don't think so because most of the expert Bitcoin traders are here and I believe there is always element of Truth in most of the public analysis here in this forum. If you advise one to only take profit only when the person has made enough profit to me is not a good advise because the person may end up holding up to hear her position for a long time of which such person may end up not making reasonable profit at the end.

[Reid]

Yeah, it could be a bull trap.
But for whom? I believe it is just for FOMO's and then the weak hands.
Being a FOMO you buy while the price is increasing.
Being weak you sell when there is sudden stop at the pump which is happening.

When they are ll getting weak and they are losing funds, that is the time buyers will come for a cheaper price.
Sounds like an old trick already. Will it work? Let us see.

[Fappanu]

The price of bitcoin today is not naturally raised and is likely to be some responsible for this event. Maybe it was the whales who were making a trap to some new investor to buy bitcoin now.  So we have to be careful and not give in to the emotion of buying bitcoin right away.
It is better to be careful now with our decisions especially as the price of bitcoin is very unpredictable.

[DeathAngel]

Do your own research.

In the long term every time you buy bitcoin now is a good thing. The halving is in May so anything you buy now is almost guaranteed to make good profits within the next 2 years.

[beerlover]

There is still a long way to go before we can call this a bull run, we are on a good run and I am not going to try to steal that fun out of people by saying it is a bull trap neither because bull traps usually happens faster, when the price is so high for so long that is not really a bull trap, when it is going up people buy to be part of that going up thing and price then plummets which is what a bull trap is, when you are over $8k for weeks that is not really a "trap" anymore. This is why I feel like we had a good increase but not big enough to call a "bull", not every increase in price has to be a bull, it is just a simple regular increase, it is also not a bull trap, our people have to realize (wall street people already know this) not all increases are bulls and not all drops are bears.

[Republikcoin.com]

People says that the bearish market is over but still some feels that it's a bull trap there will be one more dump before halving, some of them even believes that the bull run has already started. I know the market is unpredictable and nothing can be taken into consideration when it comes to predictions but kindly vouch your opinions about current market.

if people think that there will be more dumps, they should sell their current assets. Well, right now the price is quite high compared to the previous price, so isn't this a profit for them? I thought it was just the FUD that was feared, and spread to those who felt it would happen.
however, prices are currently rising, and this increase may continue until halving is passed.

[panganib999]

Prices are rising, BTC sitting at $8.5k, People having hopes that the dark clouds above the market are gone, who wouldn't say that the bear market is over with those things happening? Especially with all the talks about FOMO of BTC halving, everyone would get swept up the wave. And even if you don't, you'd still have that tiny bit of hope inside of you that what they are actually saying is true, and BTC is soaring right now. A lot of possibilities could come true tbh, but most of us hope that downward slopes are over.

If you really want to be sure of what you believe in, DYOR. That's it. Stop looking for online analysis results, random YT announcements of BTC rising whatnot. That's basically the only thing that could make you believe something tbh.

[hugeblack]

The price has proven a strong ability to maintain $ 8000 levels for several days, but unless we see a rise in safety levels at $ 9,600, we may return to $ 7,400 when there is any breakdown or bad news.

Hopes are still high, so it is possible to see the levels of 14,000 dollars before May, but I believe that the collapse will happen before the end of this year, up to the levels of 3000 dollars.

In general, waiting is the best, we may see stability levels at 9,600 or a return to 7400, this is my best guess.

[hatshepsut93]

but I believe that the collapse will happen before the end of this year, up to the levels of 3000 dollars.

What.

That price level is long go, there's no way we will return to it, the next bottom will be around 7-9k, and it's very unlikely it will happen by the end of this year - we first have to go through the bull market and then at the end of a bull market will we have another bottom. If next bottom would be the same as the previous bottom, it would be bad news for Bitcoin.

[Images21]

People says that the bearish market is over but still some feels that it's a bull trap there will be one more dump before halving, some of them even believes that the bull run has already started. I know the market is unpredictable and nothing can be taken into consideration when it comes to predictions but kindly vouch your opinions about current market.

Just what you are saying. Others are saying this while some others are saying that. Some say the price of Bitcoin has bottomed out. Some say we are still not getting totally free from the bears. What does that mean? Everyone has his own idea of a market that cannot be totally analyzed and understood. I'll sit down at the side waiting for the better days.

[Ridwan Fauzi]

People says that the bearish market is over but still some feels that it's a bull trap there will be one more dump before halving, some of them even believes that the bull run has already started. I know the market is unpredictable and nothing can be taken into consideration when it comes to predictions but kindly vouch your opinions about current market.

Indeed there is no guarantee but one thing that you should know when you intend to buy bitcoin moreover it is for long term investment you don't need to worry that you will be lose all your money. The speculation against bitcoin if you see per years then you will be watch that there will be many people/investor who says bitcoin price will be higher then now.

It means, there will be many investor who will keep their bitcoin on their wallet even there will be many people who try to add the capital to buy more bitcoin. So based of that me myself especially try not to worry with bitcoin price movement, I'll be happy if bitcoin price going up and I'll be stay calm when bitcoin going down.

[Dart18]

It's starting.
It might end up having a hard time to get back to 7k. Which means?!
Yeah!! Buyers will be coming. Demand will rise and value of bitcoin will grow.

If this kind of news goes out there then all buyers will be shaken up. They will start hoarding bitcoin and we might really see a 5 digit value back again.

[Lucius]

Hopes are still high, so it is possible to see the levels of 14,000 dollars before May, but I believe that the collapse will happen before the end of this year, up to the levels of 3000 dollars.

The price has proven resilient to fall below the $ 5,000 barrier, so we have set limits at a minimum of $ 5,000 and a maximum of $ 15,000 before the second quarter of this year.
Personally, I would expect to see an increase from 20% to 30% above the $ 7000 barrier, or in other words, an increase at $ 12,000 or $ 10,000, and after that, it will be a disastrous year, with a decrease below $ 4,000 or $ 2000 by the end of the year.
Generally, this halving will be the worst one.

It would be very polite to answer why you keep saying that price is going down to $2000 by the end of this year? I think you are just unnecessarily spreading some information that has nothing to do with anything specific, and especially not with some facts. Is there some TA that is point in that direction, is there any prophecy that predicts an economic meltdown or a third world war at the end of this year?

[Kemarit]

People says that the bearish market is over but still some feels that it's a bull trap there will be one more dump before halving, some of them even believes that the bull run has already started. I know the market is unpredictable and nothing can be taken into consideration when it comes to predictions but kindly vouch your opinions about current market.

Hard to say mate, personally I thought that this is just a bull trap and that we might fall back to $7500 range. However, the market proved me wrong again. I was discussing with someone about the price as I was gone in the last 24 hours and was completely shock to see the price breaching $8500 on some exchanges.

And with that said, I don't like to make any predictions, I will just let the market do it's thing and flow normally. What I mean is that I don't like to see some artificial pump like we have seen with other altcoins right now. Everything is still base on supply and demand and I do hope that the demand today is real as it gets.

[Jating]

People says that the bearish market is over but still some feels that it's a bull trap there will be one more dump before halving, some of them even believes that the bull run has already started.

50/50, we have seen this in the past, when we thought that we are out of the bears reach. Suddenly the market when on a bearish trend. Very hard to see where will this increase in price will go.

I know the market is unpredictable and nothing can be taken into consideration when it comes to predictions but kindly vouch your opinions about current market.

I missed the opportunity to buy when the price is still affordable, at least on my end (around $6k-$7k).
But let's see, I might get in before hitting that 5 digit again, so I will just wait and see if this is a real bull run or just a bull trap.

[btccashacc]

Well it's really unpredictable, we do not know for sure, what caused the price spike drastically, in recent days many cases have occurred, there are some people say that this is due to the current political conditions some people also say that this is due to halving which take place in 4 months, I personally think that people are starting to collect the bitcoin as much as they can and lead to price increases.

[Divinespark]

As your topic, this market is unpredictable and no one knows the future. But you still want to listen to the opinions of people here? They, like you, cannot know for sure whether the market has uptrend or not. We only know when things have happened, so don't ask such useless questions. It is better to buy bitcoin if you trust it in the future