Alt market today

[Oceat]

the crypto market today looks very convincing compared to a few days ago, where today most altcoins have increased, especially coins that have strong fundamentals such as BTC, ETH, and BNB, if you look at the statistics this growth will continue , but it is too early to decide if the market will go back to bullrun, because in crypto anything can happen.

Bitcoin actually touched $45k before when it's pumping but now it seems it's heading that way but there's something holding or stopping it that's why the price keep bouncing. If another News that would support Bitcoin to pump then that might be the our chance to see a pump but speculators are eyeing on the $100k although the chart tells the other way around. Maybe that price won't happen these days and we might be actually in the bear a long time ago yet that doesn't happen since most people knew already what it would like to be in a bearish season.

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[LUCKMCFLY]

BTC is back at 40k and some alts like BnB and ETH are slowly rising again is this another bear trap or bull trap? What are we looking at here? To me it looks like the market keeps going down.

These two traps are bitcoin's weakest point, bitcoin projections will not increase in price beyond 60K for the next few months, because the issues developed indirectly affect bitcoin's journey in the market, let alone the big case of the two countries that are currently associated with bitcoin's journey, We should benefit from this low point to buy bitcoin, because in the middle or end of the year I'm sure bitcoin will be back on the green line

Right now I don't see the market as a trap, I think that the things that are happening are due to normal market action, perhaps the fundamental of the war between Russia and Ukraine is what produces all the amount of change in the market and this it is usually seen for BTC that directly affects altcoins, therefore if BTC is affected in a bullish way it is likely that altcoins will also emerge with a good upward movement and may have a great comeback, otherwise when BTC falls, the altcoins they have a lower return and sometimes lose a lot of profitability.

[usekevin]

Now the price of bitcoin was changed the lot. When the economy impacts had influenced the bitcoin,the same was reflected on the most of altcoin.If we compared the total amount of bitcoin solved on one side and the same dollar value of altcoin of various coin was selling on the second side.So people started to inverse on altcoin also now.

[Republikcoin.com]

the crypto market today looks very convincing compared to a few days ago, where today most altcoins have increased, especially coins that have strong fundamentals such as BTC, ETH, and BNB, if you look at the statistics this growth will continue , but it is too early to decide if the market will go back to bullrun, because in crypto anything can happen.

It is better to increase slowly because it can provide some resistance in the market even though it is not called a bullrun than to increase quickly but will eventually return to its bottom price very quickly. So just take advantage of the market opportunities that are happening now and always pay attention to profits before you find losses because you are too relaxed in making decisions.

[DOH!]

BTC is back at 40k and some alts like BnB and ETH are slowly rising again is this another bear trap or bull trap? What are we looking at here? To me it looks like the market keeps going down.

Not another short term uptrend I think.  Basically, the market is gaining momentum on the upside.  But it's clearly not perfect yet to start a bull run, but expectations are rising and will the near future prove the market has spiraled out of control of the bears?  I am waiting patiently.  42k will show a psychological correction now.  The altcoin market is still in dire need of a bitcoin breakout for growth.

[kapalmabur]

BTC is back at 40k and some alts like BnB and ETH are slowly rising again is this another bear trap or bull trap? What are we looking at here? To me it looks like the market keeps going down.

Not another short term uptrend I think.  Basically, the market is gaining momentum on the upside.  But it's clearly not perfect yet to start a bull run, but expectations are rising and will the near future prove the market has spiraled out of control of the bears?  I am waiting patiently.  42k will show a psychological correction now.  The altcoin market is still in dire need of a bitcoin breakout for growth.

It is difficult for sure to predict the market even though the market is now green again and the price of Bitcoin is also starting to rise but we will not know how long this will last,
because previously the market conditions were unstable it was difficult to see where the market was going,
The important thing is to follow the latest news and developments

[$anounimus$]

If look at the 3-day candle, the direction of Bitcoin has shown an increase now at the price of $44,651.86 (CMC). I'm still waiting in the $42,000 area when BTC is there, you can see this is a bear trap or another bull trap, and one more thing in this very vulnerable world of money market whose name is correction can always occur at any time.

What if BTC doesn't drop to $42,000? Yes, it was fate, it was also a prediction. I really hope it doesn't drop again and continues to fly to $100,000 but you have to be realistic, be careful because the trend is still down.

[imamusma]

Not another short term uptrend I think.  Basically, the market is gaining momentum on the upside.  But it's clearly not perfect yet to start a bull run, but expectations are rising and will the near future prove the market has spiraled out of control of the bears?  I am waiting patiently.  42k will show a psychological correction now.  The altcoin market is still in dire need of a bitcoin breakout for growth.

I think it will happen soon if Bitcoin can be above $45K or close to $50K again this year because the current Bitcoin price is still very stable at $44K+ in the market which is still not enough to make altcoins increase in the near future .
So Bitcoin upgrade is something that is still very much needed by everyone in order to see a lot of recovery in the altcoins that are in the market.

[Davian144]

lol.
I don't know what comes to my mind every time I hear the phrase "trap" in Bitcoin conditions, it makes me angry. But if the phrase "trap" is addressed to Altcoins, for me it is still acceptable because from Bitcoin's journey from the beginning until now, Bitcoin has become a crypto asset that has quite the potential.
The price of $40K is still good for investment, especially for prices below $40K, you just need patience. This is evident by the overall Bitcoin chart.

I think it is very true and it has also been proven that at this moment the price of Bitcoin itself has almost touched the $45K level and it would be better if Bitcoin could pass that price before the end of the month.
Because if market conditions continue to improve and Bitcoin continues to increase in price from this month, then I am more confident that next month there will be many surprises that will occur in the market, especially in old altcoins that have potential.

[tyz]

Now the price of bitcoin was changed the lot. When the economy impacts had influenced the bitcoin,the same was reflected on the most of altcoin.If we compared the total amount of bitcoin solved on one side and the same dollar value of altcoin of various coin was selling on the second side.So people started to inverse on altcoin also now.

It's not the economy impact. Neither the U.S. nor the world economy has collapsed to such an extent that this correction can be explained, nor has the money supply been reduced so far, so a collapse of Bitcoin on economic grounds did not make sense. The collapse came only from a purely psychological nature.

[indah rezqi]

lol.
I don't know what comes to my mind every time I hear the phrase "trap" in Bitcoin conditions, it makes me angry. But if the phrase "trap" is addressed to Altcoins, for me it is still acceptable because from Bitcoin's journey from the beginning until now, Bitcoin has become a crypto asset that has quite the potential.
The price of $40K is still good for investment, especially for prices below $40K, you just need patience. This is evident by the overall Bitcoin chart.

I think it is very true and it has also been proven that at this moment the price of Bitcoin itself has almost touched the $45K level and it would be better if Bitcoin could pass that price before the end of the month.
Because if market conditions continue to improve and Bitcoin continues to increase in price from this month, then I am more confident that next month there will be many surprises that will occur in the market, especially in old altcoins that have potential.

Hopefully the movement of Bitcoin can achieve better in the remaining 4 days of this month. If possible, by the end of the month the price of Bitcoin could reach a level above $45K and we can say the market is getting better and the prices of other potential coins I'm sure will also experience good movements too.

[Cling18]

Now the price of bitcoin was changed the lot. When the economy impacts had influenced the bitcoin,the same was reflected on the most of altcoin.If we compared the total amount of bitcoin solved on one side and the same dollar value of altcoin of various coin was selling on the second side.So people started to inverse on altcoin also now.

There are lots of events that affect the price of Bitcoin and even the economic situation that we have right now has an impact on it. Most altcoins rely on it so the movement on altcoin prices depends on Bitcoin. For me, the market situation right now isn't too bad and it's still in good shape. There are just corrections that have to happen.

[fullhdpixel]

If look at the 3-day candle, the direction of Bitcoin has shown an increase now at the price of $44,651.86 (CMC). I'm still waiting in the $42,000 area when BTC is there, you can see this is a bear trap or another bull trap, and one more thing in this very vulnerable world of money market whose name is correction can always occur at any time.

What if BTC doesn't drop to $42,000? Yes, it was fate, it was also a prediction. I really hope it doesn't drop again and continues to fly to $100,000 but you have to be realistic, be careful because the trend is still down.

Yes, everyone notice the 3 day increase in btc. It's a good run because btc didn't fall slightly hard this time but why you are hoping that btc will go back at 42k? Haven't you bought cheap before? but everyone else is waiting for btc to touch 45k. That is going to be a big achievement if btc finally touch it.

I don't think correction will occur anymore because how many times we already get there? I think it's now time for a treat because many people already suffered before and lose their assets. If btc won't drop to 42k well that's great. That means btc is now consistent and very serious of this next new target. Your the one that said to be realistic but I don't think 100k is a realistic target for now.

[mey466]

No one can predict the market right all you are going to get are mere forecasts that may go wrong anytime, the question is are you in profit? If you are in profit you should be taking them right now, how the market will move or what will happen tomorrow remains a paradox.

Yes that's right.  Don't delay visible gains.  because time can change market prices in seconds if you adopt a short term strategy, otherwise if you use a long term strategy they will wait until the price is set and the peacock will definitely make a profit if yesterday bought when the price fell and sell it now

[Bonenx14]

Yes that's right.  Don't delay visible gains.  because time can change market prices in seconds if you adopt a short term strategy, otherwise if you use a long term strategy they will wait until the price is set and the peacock will definitely make a profit if yesterday bought when the price fell and sell it now

It will be much more profitable if one applies both to different coins where if he is able to store BTC for the long term and trade with altcoins for the short term, so that the profits can come in various ways for the two sides which are almost identical because they still come from cryptocurrencies.

[Ararbermas]

BTC is back at 40k and some alts like BnB and ETH are slowly rising again is this another bear trap or bull trap? What are we looking at here? To me it looks like the market keeps going down.

tbh i don't see a bull trap on this current situation and since last week that the market is gradually gaining strength, because obviously most crypto are being influenced again by bitcoin wherein, because of some adoption in other country for example in Russia and Ukraine and some positive news from big investors that slowly stepping in in bitcoin.

If you see it going down. Then i suggest make speculation using higher time frame, such as 4h or daily. Because surely what you see are the fluctuation in the lower time frame only..

[bitterguy28]

BTC is back at 40k and some alts like BnB and ETH are slowly rising again is this another bear trap or bull trap? What are we looking at here? To me it looks like the market keeps going down.

you are wrong because what you predict is wrong , Bitcoin continues to increase and now reached higher as you look at the market now it bouncing up like what is the price last december 2021



with this dominance , now altcoins are making up and most are increasing by 2 digits in the last couple of days .

[Oxbull5]

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[Benefactor]

There would be such countless reasons right now that the crypto market ought to crash including the Ukraine war, worldwide cash printing being scaled back. We really want in excess of a marvel to see this occurs. I trust the marvel will come soon.

[marine4u]

There would be such countless reasons right now that the crypto market ought to crash including the Ukraine war, worldwide cash printing being scaled back.

I don't think about the monotony but also the geopolitical and sanctions-related reasons that make bitcoin stand out.  What happens if one of the two countries at war accepts bitcoin legalization?  Clearly, the reaction of large institutional investors is looking to bitcoin as a lifeline amid the outbreak of hyperinflation.  This was also the impetus for the breakout and it looks like $48k will hold until the end of March?  If that happens, altcoins will have huge traction based on bitcoin's green-marked psychological level.  That is also the reason that most altcoins are waiting