BTC bulls back?

[bitterguy28]

Even though this is a bull trap, we are seeing the price rise to $21k and on its way to $22k. And whether it will achieve today, tomorrow, or even the day after tomorrow, our profits will increase. But some say that this time is a bull trap coming. And after this, the price will go down again. Whether it is a bull trap or a real uptick in bitcoin, we must remain vigilant and not let our guard down because anything can happen. It is also possible that now is the recovery phase for bitcoin before it jumps to the last ATH and creates a new ATH.

but it stopped climbing 22k instead falling now to 20k again and still lowering , and also while you already admitted this as Bull trap then surely you have idea what to do in the coming days? yeah it is hard to listen to the market when it is showing it this way.
ATH will be there in the year or two but for now be pleased that we had this small run recently and afford to gain something like 20% before dumping again.

The price is now in the former 16-21k range. Therefore, it cannot be said that the bears have gone or the bulls have come. Maybe next week, after the official Genesis bankruptcy, bitcoin will fall back to the support line. Alternatively, if the market does not react to these events, the price could break through 21k. If that happens, we could be talking about the start of a local bullish season.

yeah and have just checked the market now seeing it staying at 23k and maybe I am wrong in my assumptions as the price truly continue climbing little by little each day.
looking for complete increase in the next couple of weeks as we are heading to the second month of the year.

Right now we can't say bulls are back, especially since February the price trend has continued to decline, it's natural that many say that the fantastic increase that occurred by more than 40% in January did not happen again in February but instead the trend continued to decline, of course we hope the market is soon rising again and could touch $30k in this month.

maybe calling it MINI BULL? lol because at least we find profiting even in short time and small increases.

[ethereumhunter]

Right now we can't say bulls are back, especially since February the price trend has continued to decline, it's natural that many say that the fantastic increase that occurred by more than 40% in January did not happen again in February but instead the trend continued to decline, of course we hope the market is soon rising again and could touch $30k in this month.

We have to wait some more because, at the moment, the bitcoin price has not been able to increase and return to $23k. But that time will come and while it hasn't come yet, we can use this moment to buy more bitcoins. An uptrend will replace the current downward trend but we must be patient and not panic.

The market will change for the better and there is no need to worry about another downturn because there is a good opportunity to increase the number of bitcoins. This trend may continue until the end of the month.

Judging by the latest negative news from the USA about the stacking ban and yesterday's statements about BUSD, we could be in for another bearish period after January's rise, which could be a correction after a long fall. It is really hard to know what to expect in February or March. Bitcoin faced resistance that it could not break.

Hopefully, it doesn't provide a correction that is too deep so that people don't panic about market conditions that are declining again. And it looks like the market conditions are starting to improve right now, with the price increasing back to $22k and while it looks like the price is increasing slowly, hopefully, it will stay on until the next month.

And hopefully, at the end of Q1, the price can get a breath of fresh air to increase to the $30k level. This will give confidence to people who still don't believe that bitcoin can rise again. If they see that bitcoin can increase and return to its last ATH, they will only realize its potential for them.

[fadhilz123]

Right now we can't say bulls are back, especially since February the price trend has continued to decline, it's natural that many say that the fantastic increase that occurred by more than 40% in January did not happen again in February but instead the trend continued to decline, of course we hope the market is soon rising again and could touch $30k in this month.

Now try to look at the market and also look at the price of Bitcoin, because today another increase has occurred in Bitcoin even though it has not yet touched $23K. But in general, it's a very good thing for all the people who are still holding Bitcoin because most of them now are expecting even more improvement than what's happening now. February is in the middle now and I think the price target for $30K is likely to be a bit tough for Bitcoin to hit if the buildup continues to look slow.

[fullhdpixel]

Right now we can't say bulls are back, especially since February the price trend has continued to decline, it's natural that many say that the fantastic increase that occurred by more than 40% in January did not happen again in February but instead the trend continued to decline, of course we hope the market is soon rising again and could touch $30k in this month.

Now try to look at the market and also look at the price of Bitcoin, because today another increase has occurred in Bitcoin even though it has not yet touched $23K. But in general, it's a very good thing for all the people who are still holding Bitcoin because most of them now are expecting even more improvement than what's happening now. February is in the middle now and I think the price target for $30K is likely to be a bit tough for Bitcoin to hit if the buildup continues to look slow.

It's nice to see a recovery like this. It makes us to stay away to the $20k and below assumption of other users. Seeing the price on the current level makes me feel that the bullish momentum is still there. I think once we go back to $23k, that might be the time to hit $24k and other prices that we haven't reach for a while.

The price build up is slow but it doesn't remain like that forever. The engines are only heating up and once more increases are added in the pot, that is the time it will move faster and besides we still have the other half of February. I guess that is still enough to try and attempt our second target which is $30k dollars.

[pooya87]

And hopefully, at the end of Q1, the price can get a breath of fresh air to increase to the $30k level. This will give confidence to people who still don't believe that bitcoin can rise again. If they see that bitcoin can increase and return to its last ATH, they will only realize its potential for them.

People like that are always the reason why price has big jumps (and dumps). They are the weak hands who think bitcoin will never rise again or will rise forever.
In any case ever since the momentum got slowed down, $25 target became too hard to break let alone reach the $30k. We need a big positive news to get the ball rolling again otherwise it could take much longer than Q1.

[d3nz]

And hopefully, at the end of Q1, the price can get a breath of fresh air to increase to the $30k level. This will give confidence to people who still don't believe that bitcoin can rise again. If they see that bitcoin can increase and return to its last ATH, they will only realize its potential for them.

People like that are always the reason why price has big jumps (and dumps). They are the weak hands who think bitcoin will never rise again or will rise forever.
In any case ever since the momentum got slowed down, $25 target became too hard to break let alone reach the $30k. We need a big positive news to get the ball rolling again otherwise it could take much longer than Q1.

This is why a lot of FUDs are roaming around social media and forums they just speculate the price of BTC that will go up or down. And this is why DYOR and technical analysis is a must.

@OP
It's really hard to determine if BTC is still in a bearish or bullish phase.
As I can see the market flows, there is a lot of discussion about the timeframe of BTC between the death cross within the weekly time frame and the golden cross within the daily time frame. In my opinion and analysis, I would say that the value of BTC might reach $30k but this may take a while since there is strong resistance at $25k, and ranging sideways might still happen but this could be a good opportunity for fast money if you are a scalp trader. 

[carlfebz2]

And hopefully, at the end of Q1, the price can get a breath of fresh air to increase to the $30k level. This will give confidence to people who still don't believe that bitcoin can rise again. If they see that bitcoin can increase and return to its last ATH, they will only realize its potential for them.

People like that are always the reason why price has big jumps (and dumps). They are the weak hands who think bitcoin will never rise again or will rise forever.
In any case ever since the momentum got slowed down, $25 target became too hard to break let alone reach the $30k. We need a big positive news to get the ball rolling again otherwise it could take much longer than Q1.

People do still get surprised? 2k movement in a short span of time or we call it a day isnt something that huge i could say.If you've been here on this market for a while then this would really be just an ordinary day.

Well, i cant blame out people though because we've been in long time sideways movement on which it is really that hard to tell on where the price could eventually or potentially be going.

Bulls back? No one knows, and people on the time we are almost touching 25k trying out to claim on breaking 30k? Being positive does really give out that later on
getting annoyed or disappointment because this isnt this market works.

[ethereumhunter]

And hopefully, at the end of Q1, the price can get a breath of fresh air to increase to the $30k level. This will give confidence to people who still don't believe that bitcoin can rise again. If they see that bitcoin can increase and return to its last ATH, they will only realize its potential for them.

People like that are always the reason why price has big jumps (and dumps). They are the weak hands who think bitcoin will never rise again or will rise forever.
In any case ever since the momentum got slowed down, $25 target became too hard to break let alone reach the $30k. We need a big positive news to get the ball rolling again otherwise it could take much longer than Q1.

Today, the bitcoin price has finally broken through the $24k level and is close to reaching $25k. This is sure to make people who take bitcoin for granted regret not having bought bitcoin at yesterday's low price. Hopefully, this price will still increase so much that they will feel more regret for missing a good moment to buy bitcoin.

With the current pump, they should be able to open their eyes to trying to become strong hands in holding bitcoin. They must learn from this experience because they see it in front of them. Even my friends who were left behind buying at $22k and $23k expressed their disappointment at missing out on that great moment.

[Kemarit]

And hopefully, at the end of Q1, the price can get a breath of fresh air to increase to the $30k level. This will give confidence to people who still don't believe that bitcoin can rise again. If they see that bitcoin can increase and return to its last ATH, they will only realize its potential for them.

People like that are always the reason why price has big jumps (and dumps). They are the weak hands who think bitcoin will never rise again or will rise forever.
In any case ever since the momentum got slowed down, $25 target became too hard to break let alone reach the $30k. We need a big positive news to get the ball rolling again otherwise it could take much longer than Q1.

Today, the bitcoin price has finally broken through the $24k level and is close to reaching $25k. This is sure to make people who take bitcoin for granted regret not having bought bitcoin at yesterday's low price. Hopefully, this price will still increase so much that they will feel more regret for missing a good moment to buy bitcoin.

Hopefully, the pump will continue and we might see $25,000 in the next 24 hour time frame. I think it will be huge victory for the bulls as they are again on the market taking over.

With the current pump, they should be able to open their eyes to trying to become strong hands in holding bitcoin. They must learn from this experience because they see it in front of them. Even my friends who were left behind buying at $22k and $23k expressed their disappointment at missing out on that great moment.

Yes, I think like you, there are bitcoin buyers at around $16,000 and then just continue to hold on it. So they didn't sell if the price goes above $20,000 and I don't think they have intention to sell unless it's like 6 digits. So there could be a lot of strong hands in the market right now and just continue to amass and buy because it is cheap and they are looking for long term investments here.

[fzkto]

And hopefully, at the end of Q1, the price can get a breath of fresh air to increase to the $30k level. This will give confidence to people who still don't believe that bitcoin can rise again. If they see that bitcoin can increase and return to its last ATH, they will only realize its potential for them.

People like that are always the reason why price has big jumps (and dumps). They are the weak hands who think bitcoin will never rise again or will rise forever.
In any case ever since the momentum got slowed down, $25 target became too hard to break let alone reach the $30k. We need a big positive news to get the ball rolling again otherwise it could take much longer than Q1.

Today, the bitcoin price has finally broken through the $24k level and is close to reaching $25k. This is sure to make people who take bitcoin for granted regret not having bought bitcoin at yesterday's low price. Hopefully, this price will still increase so much that they will feel more regret for missing a good moment to buy bitcoin.

With the current pump, they should be able to open their eyes to trying to become strong hands in holding bitcoin. They must learn from this experience because they see it in front of them. Even my friends who were left behind buying at $22k and $23k expressed their disappointment at missing out on that great moment.

Confidence that this is really growth and not a bull trap can do serious damage to your friends' deposits. So far it is not clear why bitcoin is rising when the US has recently released negative inflation data. I don't dispute that it could be a reversal and a real rise, but while bitcoin is still in the resistance zone, I wouldn't be so sure.

[Davian144]

Confidence that this is really growth and not a bull trap can do serious damage to your friends' deposits. So far it is not clear why bitcoin is rising when the US has recently released negative inflation data. I don't dispute that it could be a reversal and a real rise, but while bitcoin is still in the resistance zone, I wouldn't be so sure.

I still believe that the increase that has occurred so far is not a trap, because the increase that is present is evident from the buyers who are still very dominant in the market that makes the price of Bitcoin increase after the small correction is over. Inflation may still be an influence, but the impact for Bitcoin this year is unlikely to be that big so I wouldn't consider the price increase in Bitcoin to be a trap.

[Pesona1]

Confidence that this is really growth and not a bull trap can do serious damage to your friends' deposits. So far it is not clear why bitcoin is rising when the US has recently released negative inflation data. I don't dispute that it could be a reversal and a real rise, but while bitcoin is still in the resistance zone, I wouldn't be so sure.

I still believe that the increase that has occurred so far is not a trap, because the increase that is present is evident from the buyers who are still very dominant in the market that makes the price of Bitcoin increase after the small correction is over. Inflation may still be an influence, but the impact for Bitcoin this year is unlikely to be that big so I wouldn't consider the price increase in Bitcoin to be a trap.

I think it's still difficult to say if the increase was not a trap, due to the fact that a few days after the upward momentum occurred Bitcoin actually declined again some time ago although it was not as big as it had been before, investor interest was still unstable and there were still many negative issues that hitting bitcoin so is possible if we will see another decline occur after the market is currently green and I think the price increase that is occurring at this time is still very weak and it cannot be said that bitcoin will come a long bullrun phase.

[19Nov16]

This week, of course, many are pessimistic because the price will fall again below $ 20k, but today we are satisfied because the price has risen more than 10% and makes us even more optimistic that this year is on the way to recovery, of course the price does not automatically skyrocket but rises slowly, and the target price for February is $ 30k to make investors more optimistic to buy and hold.

[fzkto]

Confidence that this is really growth and not a bull trap can do serious damage to your friends' deposits. So far it is not clear why bitcoin is rising when the US has recently released negative inflation data. I don't dispute that it could be a reversal and a real rise, but while bitcoin is still in the resistance zone, I wouldn't be so sure.

I still believe that the increase that has occurred so far is not a trap, because the increase that is present is evident from the buyers who are still very dominant in the market that makes the price of Bitcoin increase after the small correction is over. Inflation may still be an influence, but the impact for Bitcoin this year is unlikely to be that big so I wouldn't consider the price increase in Bitcoin to be a trap.

I don't think this rally was a trap either because the price is up more than 50%, but I think a bad scenario cannot be ruled out. The price is now consolidating in the resistance area. If 25k can be broken through and consolidate higher, then we can definitely talk about an uptrend continuation. You correctly noted that the volumes of buying increased. It can be considered as a positive momentum as well.

[RealMalatesta]

Today, the bitcoin price has finally broken through the $24k level and is close to reaching $25k. This is sure to make people who take bitcoin for granted regret not having bought bitcoin at yesterday's low price. Hopefully, this price will still increase so much that they will feel more regret for missing a good moment to buy bitcoin.

With the current pump, they should be able to open their eyes to trying to become strong hands in holding bitcoin. They must learn from this experience because they see it in front of them. Even my friends who were left behind buying at $22k and $23k expressed their disappointment at missing out on that great moment.

People who are still taking bitcoin for granted are people who never learn their lessons. I mean it has gone down before and it managed to go back up, and did it many many times in a row, which means that if you are actually involved in bitcoin world, then you should probably know that bitcoin is something that will go up in the long run anyway and should get in when you see it cheap.

People who see it go down and sell their coins instead of buying more should learn their lessons by now, because if the price is going down that means you should buy and hold it until it goes up, and it will go up, it always does. This is why I highly doubt it would be any different this time around.

[South Park]

Today, the bitcoin price has finally broken through the $24k level and is close to reaching $25k. This is sure to make people who take bitcoin for granted regret not having bought bitcoin at yesterday's low price. Hopefully, this price will still increase so much that they will feel more regret for missing a good moment to buy bitcoin.

With the current pump, they should be able to open their eyes to trying to become strong hands in holding bitcoin. They must learn from this experience because they see it in front of them. Even my friends who were left behind buying at $22k and $23k expressed their disappointment at missing out on that great moment.

People who are still taking bitcoin for granted are people who never learn their lessons. I mean it has gone down before and it managed to go back up, and did it many many times in a row, which means that if you are actually involved in bitcoin world, then you should probably know that bitcoin is something that will go up in the long run anyway and should get in when you see it cheap.

People who see it go down and sell their coins instead of buying more should learn their lessons by now, because if the price is going down that means you should buy and hold it until it goes up, and it will go up, it always does. This is why I highly doubt it would be any different this time around.

It is true they should know better but once a pattern is set up in the mind of a trader is very difficult to change it, even if evidence is shown that what they are doing is not working and it will never work very few people can look at their past actions objectively, admit their mistakes and then change their ways, so besides an occasional reminder of the mistakes they are making there is not much we can do to help those which are unwilling to change their ways.

[Oilacris]

Today, the bitcoin price has finally broken through the $24k level and is close to reaching $25k. This is sure to make people who take bitcoin for granted regret not having bought bitcoin at yesterday's low price. Hopefully, this price will still increase so much that they will feel more regret for missing a good moment to buy bitcoin.

With the current pump, they should be able to open their eyes to trying to become strong hands in holding bitcoin. They must learn from this experience because they see it in front of them. Even my friends who were left behind buying at $22k and $23k expressed their disappointment at missing out on that great moment.

People who are still taking bitcoin for granted are people who never learn their lessons. I mean it has gone down before and it managed to go back up, and did it many many times in a row, which means that if you are actually involved in bitcoin world, then you should probably know that bitcoin is something that will go up in the long run anyway and should get in when you see it cheap.

People who see it go down and sell their coins instead of buying more should learn their lessons by now, because if the price is going down that means you should buy and hold it until it goes up, and it will go up, it always does. This is why I highly doubt it would be any different this time around.

It is true they should know better but once a pattern is set up in the mind of a trader is very difficult to change it, even if evidence is shown that what they are doing is not working and it will never work very few people can look at their past actions objectively, admit their mistakes and then change their ways, so besides an occasional reminder of the mistakes they are making there is not much we can do to help those which are unwilling to change their ways.

Some do adjust and some who arent on which its up to theirs on whatever decisions that they would be making specially into their trading styles and methods.Mistakes and errors is inevitable and its not

that surprising considering that we are dealing on a market which doesnt precisely follow neither TA or FA.This is why you should really be that versatile and really be that prepared for whatever things that might be encountered ahead.

Bulls back? This is what i had believed on the time the price had touched up 25200+ but we are all wrong.Selling pressure or simply the bears cant really just let it happen.
Now we are back on 24k and might possibly going even lower.

[justdimin]

Some do adjust and some who arent on which its up to theirs on whatever decisions that they would be making specially into their trading styles and methods.Mistakes and errors is inevitable and its not

that surprising considering that we are dealing on a market which doesnt precisely follow neither TA or FA.This is why you should really be that versatile and really be that prepared for whatever things that might be encountered ahead.

Bulls back? This is what i had believed on the time the price had touched up 25200+ but we are all wrong.Selling pressure or simply the bears cant really just let it happen.
Now we are back on 24k and might possibly going even lower.

Mistakes are basically lessons that we paid for. If you haven't lost any money on bitcoin market, then you haven't truly invested into it yet. There are so many people who are veterans of crypto trading and all of them have one thing in common; losing money from trading.

Because in order to be a veteran, you need to make many trades, and if you do many trades, you will eventually lose in some of them, no human on earth ever traded a thousand times and be right a thousand times, all of them lose money in some of those trades. But that is a good news, if you haven't lost all of your money, that was a lesson you could learn from and be a better trader.

[Wong Gendheng]

Early February, of course many worried because prices will continue to decline, even a few days ago the price fell again to the level of $ 21K, but this week the rising price was more than 13% and made us sure if the bulls back again, today the price is approaching $ 25k And if you can touch $ 25K, the price will continue to rise.

[pooya87]

Once again price is heading toward $25k+ with a good momentum but so far we haven't seen it truly broken since there are sales taking place at that price preventing the momentum from gathering enough force in an attempt that looks more like market manipulation than healthy trades taking place.
If we could see this resistance broken, we could continue seeing much bigger price since there will be a jump after that and the next target which is $30k will be reached in a very short time.