Are the bulls back?

[distr@yopmail.com]

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.

that's what I'm worried about too. after the bulls, we have not seen the bottom of the correction that occurred. and the dump might bring in BTC lower than $25k.

some people may have a different analysis. but the current condition I'm sure will be more in the dump trend. there may be a gradual correction. and it's not going to make everyone panic right away to let go of their assets.

[Golftech]

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.

Better to have sets of plans anticipating the possibilities that after some green the market will again

will undergo into correction, just make sure that you allow adjustment that may happened and if you

see your opportunities then grab it and enjoy, if you fail though, then go for long and never to sell with

losses.

[aprilnot]

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?

not for now. The bulls haven't started yet, don't jump to conclusions about this just because the market has been green for a while. The FUD caused by the bad news of the china ban is still having an impact. bulls can't start as long as bad news keeps popping up.

[blackened515]

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

I have heard that el salvador government will be airdropping $30 btc to every citizens who download Bitcoin wallet, I don't know how true is this news maybe that's why they have bought such amount of bitcoin, however, I don't think the bill run is back, this is just another unstable greenish period, maybe because of the news of el salvador government.

[tsaroz]

The market provided a solid resistance for bitcoin below $30K and a lot of people utilized the occasional drops to get more coins. They are unlikely to sell their coins soon, it could make the market go higher or stay stable for some time. The price may increase by some percentage and stay stable like after the last bear. Sooner or later the bull would come again.

[Ararbermas]

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?

yes and actually its been how many attempt to make green but now seems looks fine. But perhaps we still need more confirmation or results on this current situation because there's no specific information and significant reason why suddenly it turns green, in fact just like what i said it's been how many attempts and fyi during the negative news of bitcoin sometimes it shows green in the market .. So for now we cannot tell if it's a sign of bullrun or just a false break out.. Much better to wait for more results..

[Beparanf]

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?

not for now. The bulls haven't started yet, don't jump to conclusions about this just because the market has been green for a while. The FUD caused by the bad news of the china ban is still having an impact. bulls can't start as long as bad news keeps popping up.

Sometimes, The bulls come even when there is bad news ongoing. As long as there is a good news that impacts to control the tempo and psychology of traders. Its true that we should not easily believe that bulls is back for a temporary green in the market. The greatest sign that we are on bull trend was the drastically change in trading volume.

[ScamViruS]

It will be very difficult to say right now, because the Bitcoin market has a few major resistances to go uptrend, if those resistances can be broken then we can expect something positive. If Bitcoin can go to $40k+ in the coming days, then there could be a positive trend for short-term traders. But now that the Bitcoin market is in that position, the price of Bitcoin can go anywhere from this position.

So those who are waiting for short term trading must open the trade by doing enough analysis about their position. Because if panic is created in the market, they cannot control their emotions. So proper analysis about market movement is needed first.

[ChiBitCTy]

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?

Yeah I was kind of wondering the same myself.  It's been interesting of late to see which altcoin are performing vs which are underperforming.  I think there's been a decent amount of "truth" finally coming to realization after the "war" between Elon and Dogecoin and bitcoin.  I think people are finally starting to realize which coins have a legit future and which ones do not.  I am long Monero, Litecoin, and reluctantly Dogecoin ( though I do not believe Doge has a legit future).

[sheenshane]

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?

If you're a day trader, I wouldn't blame you if you were happy to see the market price get spiked after seeing a long drop in all crypto prices.  I hope you enjoyed while seeing big greenish candles.  But if you're a long-term holder, it's too early to celebrate that there's a bull trend because there's no clear cause of this sudden price surge in the market.

It seems always like this, after resistance it's expected that there's a long drop again, but if the price will break at the range of $40k, it might a good sign to call the market a bullish one.  For now, it's really hard to predict, much better if font looks at the market if you're a long-term holder.  Because there's a guarantee on the Bitcoin price, it will be growing up because of the ongoing mass adoption and institutional investors keep investing in Bitcoin.

There's more pullback if you will keep holding Bitcoin.

[bitkanu]

Not yet, this called a bounce back but we didn't yet enter another bullish trend again. I should remind you that a few weeks ago we have experienced the same thing that makes the price of bitcoin jumped to the 40k but it was going down again to the 30k. it's too fast to call the bullish trend without any big even that will come soon.
This is not a bullish trend but the price recovery is just a common thing right now dude.
You can also check it the hourly chart.

[Kez1817]

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?
[/quote

I think it's just a small pump and it will dump again. Well, let's see the market movement for the next couple of days if it will remain in a greenish day. If it will not going back to low again, maybe it is the start of bull market. If there will be another good news to be spread by some crypto influencer, then it will help the market to continue to rise. For now, I just ride on the current market, buy and hold.

[tvplus006]

It will be very difficult to say right now, because the Bitcoin market has a few major resistances to go uptrend, if those resistances can be broken then we can expect something positive. If Bitcoin can go to $40k+ in the coming days, then there could be a positive trend for short-term traders. But now that the Bitcoin market is in that position, the price of Bitcoin can go anywhere from this position...

Bitcoin has reached the price of $40 thousand several times, but each time investors who bought around $30 thousand began to fix their profits at this mark. Getting a quick 30% profit is a good result. It is possible that with a new achievement of $40 thousand, investors will start selling BTC again, which will entail another price reduction.

[Review Master]

are the bulls back or what?

TBH, bitcoin is doing sideways movement as of now because of the strong resistance level as well as unwanted fuds from everywhere. Though bulls are trying their best from the starting of this sideways movement, but fuds aren't stopped to circulate into market. Whenever fuds started to circulate, bears got more chance to dump the market. Also market became greenish whenever those fuds are gone and good news started to spread in the market. That's why we need to be aware of the strong resistance from $35.2k to $40.6k as of now. 

[Refrumatrix]

Bulls did all they could and push BTC up to 60k tell me how this isn't a grand breaking result that will forever be talked about in and out of crypto space so now there will be a consequence for that which is the return of the bears, don't be deceived by don't few gains the market is showing now

[Mistafreeze]

Is the bull market back sound like rhetorical with not definite answer. No one knows what the about is about to display or confirm but we'll are still affirmative of the market going bullish for the benefit of those who still have some Bitcoin to sell to market before going Bearish. This is why investors are always faced with the problem of the market going Bearish especially when their funds are retracing to loses.
The bullish trend is not yet back like we all know that anything that goes up must come down just like hiw price movement fluctuate.

[Mahdirakib]

Do not draw conclusions over several days of trading.
Bitcoin price needs to grow over $ 40,000 for the market to be truly bullish. ~

Besides that, there shouldn't be any bad news and FUD regarding crypto market for several weeks. It will help the market to stay stable and not go down much. Meanwhile some positive news will help to make the market bullish again. Recently we have heard few many bad news and seen several FUD about crypto market. So I think it same like you, we shouldn't expect the bull trend now by observing a short term price movement.

[ipanks]

The bulls will come back, but I am not sure if it is happening now because the price still does not increase. But if the price can jump fast and break $35k-$38k or even break $40k, that means the bull is coming and you can prepare to sell your bitcoin. But if the situation will come back to the situation before showing the low price, then the bull is not coming and we need to be more patient. I am sure the bull will comes again, no matter if that needs longer.

But if the situation will be up and down, I think that will be your chance to buy low and sell high because you can use that to make a profit. But be careful because we do not know what will happen to the market.

[bitgolden]

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?

This is going to be the end of first half of 2021 and we are going to enter into the second half of 2021 in next few days and in this kind of scenario, I have seen bitcoin market is usually trading in green to welcome a new beginning. So, due to sentiment itself, bitcoin market got the power to switch over to bullish mode regardless of how badly some negative news had impacted in recent times.

Many traders say the price drop to $ 31,000 is more likely.

$31k may not happen anymore as it seems we just begin the new rally which may lead to $100k in coming months. I may sound like most other people here but I still believe that $100k/$200k highly possible still I must need to agree for all these to happen, first we need $40k to happen and to hold for a while.

[RILWAN]

Some good news is coming into the crypto market, the fact that the market look green is an indication of a good start to the week. The bull may not be back in full force but I know some great recovery is underway.