Its a bull trap now

[JeffBrad12]

https://twitter.com/cz_binance/status/1369647842478882817 A new tweet by Cz says that currently the price still includes Dhip. and in this year the market will be bullish. Are you sure this trend will be strong in the next 1 year? I think the risk to buy now is quite high. yes even though many people say the current price we should start investing. what do you think about this tweet?

What CZ said in his tweet totally makes sense and why? remember there is a lot of potentials for more institutional investors to join in crypto. The massive adoption by retail and merchant is not yet happening and once this happens and that will create another big bullish trend for sure. CZ is a smart guy and he will not create a troll about that. He was saying based on how much potential can be gained by crypto.
The combination between the merchant and institutional investors will create another big bullish trend. There will be no bulltrap.

[prehisto]

I am not that sure that we wil get bear market so soon. If we take a look at the last cycle , ETH was at ATH after BTC had peaked and other coins started to run as well after the BTC run was done, so I think we have few months of altcoin cycle before we head into bear market.

[carlisle1]

No one knows what exactly will happened in the nearest future, we are all witnessing the ride and still positively providing good compensations, for sure most of those investors and traders are enjoying and they are not killing the fun, still hodling and keeping their assets and the result bull still commanding the trend, hopefully it will be here for more,.

I am not that sure that we wil get bear market so soon. If we take a look at the last cycle , ETH was at ATH after BTC had peaked and other coins started to run as well after the BTC run was done, so I think we have few months of altcoin cycle before we head into bear market.

I keep trading to be able to keep an eye on the market situation and no one knows a bullrun trap is coming.
as long as the crypto market cap is still good, Bitcoin and altcoins will slowly continue to rise and surprise investors that the crypto market is in good shape

It will continue to depend from how all the people around works, they are the controlling factors between bull and bear right? For those who

continue to gained benefits they won't let anything to interfere but to see how high the market will rise.

[Review Master]

I am not that sure that we wil get bear market so soon. If we take a look at the last cycle , ETH was at ATH after BTC had peaked and other coins started to run as well after the BTC run was done, so I think we have few months of altcoin cycle before we head into bear market.

It's not like that alt season will start when bitcoin stops it bull run, but it's totally depend on the dominance of Bitcoin. Basically, alt season might happen in the upcoming days if bitcoin dominance get under the 200 MA indicator which will be a good sign of massive alt season. So, it can be happen with the current bullish rally of bitcoin if users started to shifted their profits from bitcoin to altcoins, IMO. Maybe bear market will start at the end of this year, whoever knows.

[fahmimajannat]

I think also.
Some people are really playing a big role to hold the bear market.
I think market will crash soon. Its better to wait and observe the market. Whom are buying coins at a really high prices will surely face loss.
Some coins are increasing 10x. Many people are also buying at this price.
Btc price will reduce highly for sure in next few month.
New emotional traders will face loss

[7788bitcoin]

Bitcoin has crossed 60K and will continue to grow in coming days but the bears will keep calling it a bear trap. When bitcoin went to 58K and retraced down,     such people again said it was bull trap. Believe me this is not bull trap and people are buying bitcoin to keep them safe for future. People have realized that with lot of fiat money being printed, it will lead to massive inflation and the safe heaven will only be bitcoin.

We can say that bitcoin is a safe heaven when there is an economic crisis as i am not comfortable or confident enough to invest at this price, i do have one question to you, do you have the confidence and hedge your life savings in bitcoin at this price if you think that inflation will consume the market. I did invest in bitcoin when the price was pennies considering the price now and i was confident at that price but not anymore and these institutional investors who are investing heavily now can book their profit whenever they want and we cannot predict when that would be.

In short we cannot assume how the market will react and as long as these huge investments are coming in the market will rally and the moment they book the profit we will have the same conversation regarding bear trap  .

[JooBra]

I think also.
Some people are really playing a big role to hold the bear market.
I think market will crash soon. Its better to wait and observe the market. Whom are buying coins at a really high prices will surely face loss.
Some coins are increasing 10x. Many people are also buying at this price.
Btc price will reduce highly for sure in next few month.
New emotional traders will face loss

I don't think bear market will come so soon. We need to watch the bigger picture in here. With stimulus money we can expect to see a rise more in prices and also global situation in not so good. I mean economy and printing more money it's making smart people move their money to crypto like a way of investment. I think we can see more grow altcoins have still a lot potentional to grow.

[dimonstration]

I am not that sure that we wil get bear market so soon. If we take a look at the last cycle , ETH was at ATH after BTC had peaked and other coins started to run as well after the BTC run was done, so I think we have few months of altcoin cycle before we head into bear market.

The market is  different now, unlike before that whenever there are pump the dump or correction will instantly happen, now it didn't happen fast as we thought it can be since there are institutional companies who are heavily invested in crypto now and we're not sure how they play the game, before there only whales who can manipulate the market now the companies wanted to attract more companies to join so them who started early can benefit more, we may only experience few drops but sure it will not take too low or to long in dropping. We just need to be careful in what coin to buy and be updated as always.

[kramchers]

I have gone a small research and grab some points and conclusions.

Now the market is extremely volatile and extra hype. So what ever the hypes now are temporary , bear market sure will come in next days.

If you have fresh investments , do not invest now. wait for 2-4 weeks lets see.  November to now almost 4 months came bull market without major bear signals. now pop out some signals. So now bulls are temporary. Please keep your hard earned money for weeks.

give opinion others.

In any form of trading business industry whether it is stock, Forex, or crypto trading, We all know that profit is just always besides us.
Now that we are in cryptocurrency trading, We can generate profit anytime we want, as long as you know how to get or to do it. But I was wondering, why did you said 2-4 weeks? and you cannot tell to anyone not invest it is their freedom to do it as well.