will we witness year end bullrun or bull trap?

[doomloop]

Well, I just put it aside thinking if this is a trap or really a Bullrun in form. Because of what I see and know about the market, volatility makes things and prices unpredictable. But I see this uptrend motion is not manipulated, I'd say this is not because of the whales, this is because of the increasing market demand since early this year. This 2021 gives us some idea that cryptocurrency will have a fortune. Seeing the market still healthy and remains unstoppable despite the FUDs and banning in some countries will tell us that there is no way to stop this technology.

I do agree with you in the fact that volatility makes it a bit unpredictable, and that is not always a bad thing, sometimes I am quite happy with the fact that we can't really predict what the market will do. There is really nothing that I would rather have in crypto aside from volatility, imagine if we had stability in crypto and how boring it would be.

The fact that we have some huge hypes time to time and everyone gets involved with crypto is actually what makes crypto so pumped at times, and that's caused by volatility. Sure during periods like this when the price falls then I agree that it doesn't make sense for people to join that easily, but when it is skyrocketing then you suddenly see more and more people coming in. This is why volatility is such a great thing in crypto and that unpredictable situation makes it so much more valuable.

[Ararbermas]

We need more results because we don't know yet if there's a changes next month, but think positive guyd in fact most analyst saying it will not last like what always happen since mid of the year.. So let's keep our fingers crossed it will happen again and suddenly market show strong support before this year end.  It's very unpredictable to be honest, just imagine how market really exploded this year. So let's wait for more results and be positive always.

[kotajikikox]

There’s a big correction on-going with the market if we are able to rise again after this correction the we might be able to see bull trend again before the year end because for sure once we make new ATH, it will continue to go up. There’s no need to panic that much, you just have wait and see the price movement of Bitcoin if its goes cheaper, then buy.

trend is the same . bullying then correcting same pattern over again.

and this is also why this market become more popular because of the risk and the thrill in investing , things that Whales and manipulators take as an advantage as they are keep in moving the market favoring their strategies .

We need more results because we don't know yet if there's a changes next month, but think positive guyd in fact most analyst saying it will not last like what always happen since mid of the year.. So let's keep our fingers crossed it will happen again and suddenly market show strong support before this year end.  It's very unpredictable to be honest, just imagine how market really exploded this year. So let's wait for more results and be positive always.

actually Only newbie is falling into those traps , mostly old timer investors knows when to buy nd when to sell.

[Botnake]

Well, I just put it aside thinking if this is a trap or really a Bullrun in form. Because of what I see and know about the market, volatility makes things and prices unpredictable. But I see this uptrend motion is not manipulated, I'd say this is not because of the whales, this is because of the increasing market demand since early this year. This 2021 gives us some idea that cryptocurrency will have a fortune. Seeing the market still healthy and remains unstoppable despite the FUDs and banning in some countries will tell us that there is no way to stop this technology.

I do agree with you in the fact that volatility makes it a bit unpredictable, and that is not always a bad thing, sometimes I am quite happy with the fact that we can't really predict what the market will do. There is really nothing that I would rather have in crypto aside from volatility, imagine if we had stability in crypto and how boring it would be.

The fact that we have some huge hypes time to time and everyone gets involved with crypto is actually what makes crypto so pumped at times, and that's caused by volatility. Sure during periods like this when the price falls then I agree that it doesn't make sense for people to join that easily, but when it is skyrocketing then you suddenly see more and more people coming in. This is why volatility is such a great thing in crypto and that unpredictable situation makes it so much more valuable.

With high volatility of bitcoin, there might be chances for bull run or bull trap at the end of this year. But since the market is still bullish even if there is a current price correction that is happening, i might say that we will end this year having a bull run. Although bitcoin and altcoins are experiencing slight drop down of prices, but i know they will always bound to recover again once the correction is over. For now, maybe let's just enjoy what the price correction has brought to the market and buy potential coins that are still affordable for now.

[Obito]

Given how the prices aren't going where we want it to this month, I think that it's probably a bull run because December is a pretty notorious month that's always proven that the prices will always go up at the end of the month.

[justdimin]

Given how the prices aren't going where we want it to this month, I think that it's probably a bull run because December is a pretty notorious month that's always proven that the prices will always go up at the end of the month.

If you believe that all December months are proven for prices going up by month end, you still call it notorious? Are you basically a bear? Moreover, December month was the starting point of longer bearish trend in last 2 cycles of bitcoin market. Surprisingly this year, December month might be the beginning point of another stronger bullish rally of current cycle. Because, I am expecting sideways movement for all remaining days of this month and bitcoin may start recovering by first week of December month and then it may start showing us new ATHs which may last till mid of 2022. So, this year may end up in bullish as right now bitcoin is into sideways.

[btc78]

I don't really care what will happen in the end of this year because I already has taken my profit and invested the amount that i can afford to lose.
from bitcoin to altcoins i am good now.

there are some news about  Bear coming and this may count as Bull trap, but there are many news about more increase so what even happens i don't care because i am good.

[darkangelosme]

It's been a while since we have seen any huge price manipulation and bitcoin is fluctuating between 5-10% from few days/weeks and what do you think would be the outcomes? will it be marching towards new milestone of $80K or $100k which has been trending in most of the crypto influencer's channels? I think we have seen this before and bitcoin will surge and probably touch $100k and then whales will start dumping like they did in 2018 in order to buyback at lesser value.

Will we be tricked in to buy at peak or else people have learnt lesson from 2018 dump and act wisely this time?  

We cannot tell dude if this year will be a bullrun or a bull trap by the whales unless you have a signals from them only one thing we can do is to wait and hope for the Bitcoin to forward, and we must expect the reality if it will go down.

[DeathAngel]

It’s 50/50 at the moment if we have a bullish end to 2021 or if the top is already in & the start of a bear market is near. I honestly think it’s 50/50 at the moment & could go either way, the market is undecided.

[el kaka22]

Even the namings are basically tricky. I mean why would it have to be a bull trap just because it goes down? I would say it could be a bull run or a bear run and those are the options available to us. Crypto doesn't always work to trick you into doing things, in fact if you could decide on what you want to achieve then you could literally do whatever you want without worrying about what others are doing. This is why I believe that we should always be focusing on what we do and not what others do.

Bull trap is what others trying to trick you into means, and I do not think that every fall is something like that, sometimes it is just good old fashion bear run and that may happen. I believe we will recover, I believe a bull run will come, but if it doesn't then it will not be a bull trap but a bear run which hasn't happened in a while so I get it.

[TravelMug]

It’s 50/50 at the moment if we have a bullish end to 2021 or if the top is already in & the start of a bear market is near. I honestly think it’s 50/50 at the moment & could go either way, the market is undecided.

There's no assurance but we are hoping for that even if the trend is telling a different since we are still down right now.
We might end the year on a good price even if its not that high but at least we are not on a bear trend hopefully. There is no bull trap to happen, we are on the sideways, we might see that one early next year as we continue to aim for a more higher price.

Well we are still hoping that a bull run will end this year. And one thing that goes with us is that historically, bitcoin rallies before the end of the year so hopefully this will be still the case for this year.

And with that said, there will be no bull trap, what we are going to see is a bull run that might top at around $80k. Not sure if it can go as high as 6 digits as what the majority is expecting though. it will be x2 of the current price and I'm not sure if this could be achieved in a month, although anything is still open in this market.

[bitterguy28]

based on the performance of Market this time? and for the whole year? I think Bull will never leave the market till the next Halving.

yes there are some bearish moment but this will keep on climbing back like what had happened several times from january .
there are some hard deep like  bellowing 30k recently but look at it, making its comeback and makes even higher.

So no BULL TRAP instead it will keep Bull running .

[ultrloa]

based on the performance of Market this time? and for the whole year? I think Bull will never leave the market till the next Halving.

yes there are some bearish moment but this will keep on climbing back like what had happened several times from january .
there are some hard deep like  bellowing 30k recently but look at it, making its comeback and makes even higher.

So no BULL TRAP instead it will keep Bull running .

No bull trap but there are correction which is dangerous for new traders which easily get panic towards the movement happening in the market. But lets still not disclose this possibility since there's still chances that we might go on huge decline. But hopefully this will never happen this year since if we can see these to happen for sure many will be dismay on what happen to the crypto market and might it will affect its growing adoption.

[lixer]

No bull trap but there are correction which is dangerous for new traders which easily get panic towards the movement happening in the market. But lets still not disclose this possibility since there's still chances that we might go on huge decline. But hopefully this will never happen this year since if we can see these to happen for sure many will be dismay on what happen to the crypto market and might it will affect its growing adoption.

I would say that's their problem. We all got into crypto at one point or another when the prices were not doing that well, we all had crashes and bottoms and drops, and we survived them all and managed to do well or even if we didn't then there are many of us who would be able to actually stay this long. So, if you are new and you are doing something that you shouldn't and you get in a panic mode and sell all your coins... well that is your own problem and not ours.

This is why I believe that not all of us should be able to defend for those people or not really change the direction of the coins just because of those people or hold their hands and explain to them when we are doing all of this. Just focus on what you can do and forget about others who are doing things the wrong way, there will always be those people and we can't cater this market for them.

[Silberman]

will it be marching towards new milestone of $80K or $100k which has been trending in most of the crypto influencer's channels?

Do you really trust crypto influencers,when it comes to analyzing the market and predicting the future prices?
I think that most of what crypto influencers say is just wishful thinking and some "feel-good" bullish talk,that is intended to make the newbies buy crypto.I would never trust any advise coming from the crypto influencers.
Anyway,both outcomes (bull run and bull trap) are pretty much OK to me.I'm not obsessed with the future Bitcoin ATH.It can happen during December,or it can happen by the end of 2022.It doesn't matter if the price will hit 70K,80K or 100K.The profit margins are what matters the most.

 

I would never trust a word of those influencers when it comes to any field, it is clear those people more than anything want you to get to do what they want and obviously what they recommend is something that is going to benefit them, and since I care about the benefits I can get from the markets for my own sake then this means that from the very beginning our goals are not aligned, and as such there is no point for myself or anyone else to listen to what they have to say.

[Yaunfitda]

based on the performance of Market this time? and for the whole year? I think Bull will never leave the market till the next Halving.

yes there are some bearish moment but this will keep on climbing back like what had happened several times from january .
there are some hard deep like  bellowing 30k recently but look at it, making its comeback and makes even higher.

So no BULL TRAP instead it will keep Bull running .

No bull trap but there are correction which is dangerous for new traders which easily get panic towards the movement happening in the market. But lets still not disclose this possibility since there's still chances that we might go on huge decline. But hopefully this will never happen this year since if we can see these to happen for sure many will be dismay on what happen to the crypto market and might it will affect its growing adoption.

Well new trades can take this as positive, enter when the price is on a correction and just continue to hold. So I don't think this is dangerous for them, although it might take some time before they learn a lot in this market specially if it's on a decline. Fundamentals is still growing strong though, so we should remain bullish up to the end of the year and not think of this as a bull trap.

[Oasisman]

based on the performance of Market this time? and for the whole year? I think Bull will never leave the market till the next Halving.

yes there are some bearish moment but this will keep on climbing back like what had happened several times from january .
there are some hard deep like  bellowing 30k recently but look at it, making its comeback and makes even higher.

So no BULL TRAP instead it will keep Bull running .

No bull trap but there are correction which is dangerous for new traders which easily get panic towards the movement happening in the market. But lets still not disclose this possibility since there's still chances that we might go on huge decline. But hopefully this will never happen this year since if we can see these to happen for sure many will be dismay on what happen to the crypto market and might it will affect its growing adoption.

Well new trades can take this as positive, enter when the price is on a correction and just continue to hold. So I don't think this is dangerous for them, although it might take some time before they learn a lot in this market specially if it's on a decline. Fundamentals is still growing strong though, so we should remain bullish up to the end of the year and not think of this as a bull trap.

When we're talking about new traders, I don't think they'll get involved in actively trading during small fluctuations, it might cause a gradual loss of funds. I agree that they might not be in danger especially when they keep in safe and hold it till Bitcoin bounce back and gives a relevant return.

On the other hand, I myself don't see any bulltrap in this current market action.

[BigBos]

I still strongly believe that the end of this year we will see the price of bitcoin and other crypto pump at a high price. I really believe the current conditions are very different from 2018.
Maybe a lot of people make this year's equation with the end of 2018, however, the reality today is very different. even, when the price dumped, I still strongly believe that the bitcoin price will still be above $40k.
well, maybe the current bitcoin price will not reach the price of $100k this year, but I think, the price of bitcoin reaching $70k still has a pretty big chance. for now, we just need to wait for the bull market.

[wxa7115]

It's been a while since we have seen any huge price manipulation and bitcoin is fluctuating between 5-10% from few days/weeks and what do you think would be the outcomes? will it be marching towards new milestone of $80K or $100k which has been trending in most of the crypto influencer's channels? I think we have seen this before and bitcoin will surge and probably touch $100k and then whales will start dumping like they did in 2018 in order to buyback at lesser value.

Will we be tricked in to buy at peak or else people have learnt lesson from 2018 dump and act wisely this time?  

Right now predicting what the market will do during the short term is proving to be very difficult, right now we are seeing an increase in the price of bitcoin and it is challenging the 60k level, but I do not know if we will reach 100k before the year ends as I think there are a lot of people that are selling as soon as a new ATH is reached as they have not forgotten what happened during 2017.

So I think before we can see the massive bull run we are expecting we will need for this year to end, so investors see that what happened back then is not going to repeat itself and they can invest with confidence in bitcoin knowing it still has a lot of potential for growth during 2022.

[jaberwock]

I would never trust a word of those influencers when it comes to any field, it is clear those people more than anything want you to get to do what they want and obviously what they recommend is something that is going to benefit them, and since I care about the benefits I can get from the markets for my own sake then this means that from the very beginning our goals are not aligned, and as such there is no point for myself or anyone else to listen to what they have to say.

This is the main reason why I stopped caring about those influencers was when I was part of a project. In that project I had to contact many of those "influencers" and found out that as long as the project pays them then they will shill those projects. Which means that they do not look at what projects are good and what projects will make the investors money, they only look at projects that they could profit from and that's it.

This is why I honestly believe that there is something wrong with following those people. What people who follow influencers end up with is a guy who shills coins that paid him to shill and you are buying it because that guy was paid to shill it. Makes zero sense if you ask me and that is why I believe we should not be really following them since they are not really doing anything to help us, they are doing it to get richer.