Are the bulls back?

[HashingTower]

What the heck is happening  ? The market looks to greenish today im currently seeing some big green candles on BTC and other coins charts, are the bulls back or what?

[1715482767]

1715482767

[1715482767]

1715482767

[1715482767]

1715482767

[LostEcho]

Some hours back I saw news about EL Savador buying BTC worth of 135,000,000 USD this is enough to make the market bullish for a while but that doesn't mean bulls are back and this can even be a bull trap, if bears are determined no matter how much money is poured into BTC the bulls won't be back

[7deadlyBTCIN]

Bulls are powerless right now so I think this is just a temporary gains, 6% to 8% recovery doesn't look anywhere good to me, the payback for the bull market since last quarter of 2021 is strong bear market mate don't be deceived.

[zasad@]

Do not draw conclusions over several days of trading.
Bitcoin price needs to grow over $ 40,000 for the market to be truly bullish. In the meantime, there are still risks of Bitcoin price falling to $ 31,000.
Many traders say the price drop to $ 31,000 is more likely.

[Bravehash]

Bull trap lol, this doesn't mean that bulls are back honestly bulls need some r Dr and the el Savador news came at the wrong time, if this was announced months ago it would have helped alot but not now

[trauchot]

Most likely, just small pump, and then there will be another fall of the cryptocurrency market, so we need to wait at least a couple of days or a week and it will already be visible there, but in general I think that most likely the correction of the cryptocurrency market will last at least this whole year at best, therefore for now, I just follow the movements of the cryptocurrency market and I study the various cryptocurrencies in which I will invest later this year.

[ethereumhunter]

What the heck is happening  ? The market looks to greenish today im currently seeing some big green candles on BTC and other coins charts, are the bulls back or what?

At least, that is good news for us because we can back to make a profit after we see the bloody market for some time. If this situation can continue and still increase, it can trigger the bitcoin price to increase more and back to the high price. But we still need to wait for more days to see if the price can have more power to increase. Otherwise, we will see another downtrend in the next few days so we still need to prepare for anything later.

[cheezcarls]

What the heck is happening  ? The market looks to greenish today im currently seeing some big green candles on BTC and other coins charts, are the bulls back or what?

Probably a bull trap. Or maybe just a short term increase. However, I would still believe that we will remain on a long consolidation period with a projected support of $30k and a projected resistance of $36k. The next wave of bull run would begin if BTC could surpass the $42k mark in my opinion but yet again, this is unpredictable and no guarantees whatsoever.

[gurunanakji777]

Market improves a little bit still moving in some ranges for me buying will start when Btc will break 43000$ level and before that, I will not take risk of buying any coins. The movement you saw can reverse again so wait for some more time to decide. The market is running sideways let's wait for another breakout then decide. If you want to buy you can consider partial buying unless bullish confirmation according to the charts.

[iTradeChips]

Well if you are going to ask me then I would say that it is not yet the time for us to make a conclusion that the we are experiencing another bull period. We do not know yet if this greens that we are looking on many coins are going to last long or not. There are still people speculating that the cryptos will go down further into something like 10 to 20 percent more before it stabilizes. But these are just speculations from colleagues and peers who also do crypto so it is not really solid info. Be careful, we are not into the good times yet.

[Kelvinid]

What the heck is happening  ? The market looks to greenish today im currently seeing some big green candles on BTC and other coins charts, are the bulls back or what?

Don't get excited mate, it soon to come but too early to say that we are heading for another Bullish season. Try looking around and you will able to see that many altcoins are still in the red. Maybe, just maybe if the momentum will continue but we need some more time to know where this current trend will be going. Anyways, we only just have two possible ends, up and down.

[blockman]

What the heck is happening  ? The market looks to greenish today im currently seeing some big green candles on BTC and other coins charts, are the bulls back or what?

Nope. That's the usual market that we see and don't be surprised when you see green candles because that's also usually when we see red candles. How I just wish to see that the bulls are back but that's not confirmed because a few thousand of recovery for bitcoin has always been normal and we're going to see it bullish again. The way we handle the current pump does only means that we're happy to see whenever bitcoin shows green days again. And we're used to that moment because we're all expecting that the green days shall come and the red days would be over soon. But again, the opposite will happen again as a cycle.

[Furious 7]

I can't be sure if this will be another bullrun or not even though the candle shows greenish in the market, even when the market grows again it will turn red again early just for a while so I think I'll wait a few days to draw the right conclusion.

This kind of market has happened several times, I continue to pay attention to it and I am still analyzing whether this will be a real bullrun or just a correction that reflects resistance, strongly saying that the market is still volatile and there will be more FUD news that can affect the market.

[crzy]

What the heck is happening  ? The market looks to greenish today im currently seeing some big green candles on BTC and other coins charts, are the bulls back or what?

It's not a bull but a normal market reversal, we still need to break so many resistances if we want to see another bull market but for now let's just enjoy this green candles and take profit if you can, especially those who bought at the bottom price. If we are able to sustain these green candles, then we can have a good trend in the 3rd quarter of 2021 and hopefully will end the year on a good note.

[Pandji02]

We'll see, it's to early to judge. For now all i see just fluctlations. At least we still have time to buy before it goes up.

[Godwinpaul]

I noticed we had the greens in the market today. Bitcoin as well as several altcoin increased with a good percentage, but I guess it's too early to know if the bulls are really back or not. If the greens continues for a week and the value of Bitcoin increases to 50,000$, there would be no doubt that the bull run is indeed back and this time it would be better.

[Vaskiy]

The market has turned bullish, but this doesn't look like a trend beginning. The price has now crossed $34000, earlier it was predicted for $40000 if $34000 is broken or else it'll drop down to $25000. Now it seems a bullish trend, and we can expect some big moves from the whales making positive position on the market.

[tvplus006]

...are the bulls back or what?

It is still too early to say that bitcoin has started an upward slide. As before, BTC is moving in the range of 30 to 40 thousand dollars.  Everyone uses this movement in their own way, some take short positions from each resistance, others open long positions from each support. But we will see the real direction of bitcoin's movement after the price is fixed below or above the specified range.

[junkerr]

the current situation is still too soon if you want bulls to happen again. you can find out how the situation of the movement of BTC has fluctuated several times.
in a short time can make a pump can also correct. but the current situation is followed by altcoins. different from the previous situation.
The current rally is still not enough to make a bull pump come again. I'm actually worried, we will soon come to a deeper correction than before.

[husdemba]

The bulls didn't return. Don't believe any of the analysis and charts about cryptocurrency. The bulls are never satisfied and because of this, pullbacks will happen again. Bitcoin will definitely go down to around 25000. The bottom isn't yet to come and therefore it is still early for a bull market.