Bitcoin surpasses $27,000 for the first time since June, 2022. Bull Market or Bull Trap?

#Bitcoin #surpasses #time #June #Bull #Market #Bull #Trap

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Bill-BJJ

Could go up. Could go down.

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EarthHuman0exe

Trap market

downbadkayden

Mind says trap, heart says bull

Idennatua

Bankers hiding the money before their banks collapse. This is short term, they’re rotating out

iiiiiCO

Tull Brap

seroleg

Poll

1. Bull market
2. Bull trap
3. Bull shit

ThenScore2885

If I buy a bull trap, if I sell a bear trap.

springergirlz

No trap! Your bank is the trap?

zk_sync_chad

This is a total trap. Will be back below 23k in no time

Responsible_Dish1933

3 months of bulltraps? Come on

Afar1499

Bull trap for sure

Creative_Visit122

HODL buy moar

Ferret_Aware

Shaped like the balance sheet of the Federal Reserve, amplified to some extent

AmongTheElect

As much as I tell myself “Past performance doesn’t indicate future results,” bitcoin has sure trended the same way since the beginning. Sure, less extremes as we go, though. But it still says we’ve got another six or so months of crypto winter to go. And so I’m more inclined to think it’s neither bull nor bear, but rather we’ll end up riding $10k ups and downs until near the end of the year.

ExtensionChocolate12

it´s a trap. Time for them got more money before the real crisis.

LITTLEN3MO

Bull trap. Bank scares + FED no reg ruling. Macro things shit.

RedneckStew

Didn’t this happen like 2-3 weeks ago also, but the high was $25,000 then it dropped below $20,000 again?

It’s a red herring. When the stock market starts recovering then we should see a bull market again. Until then buy the drop. Trade it for a stable coin at the top-ish, sell the difference of the stable coin or don’t rinse, repeat. If you do sell the difference, pay your short term capital gains tax. Now you have mad money.

Easier said than done if you watch the market. That’s what makes me stupid (greedy).

Take the money and run.

riddlemonger

It is more risky to hold USD than BTC

Atreyu_n_Falcor_BFF

If you really believe in BTC and its inevitability. Is there even such a thing as a bull trap?

Orangarder

Ackbar!!!!!!

Jub-n-Jub

🥱

Small moves like this don’t get me out of bed. OP there is no way to tell if it’s going to drop, rocket or more sideways yet. Just dca and sleep well.

EmanEwl

If you constantly DCA…. who care if it’s a trap or not. But yeah , I smell trap.

Ricothebuttonpusher

Bitcoin halving isn’t for another year so I’m inclined to trap.

Rabubu

Bull trap af look at the RSI & trade volume.

Heavier sell volume on previous drops than current buys

danboonn

Bull trap, we are going for a 40% dump, then buy all the bitcoin you fucking can

Smooth-Entrance-1526

One year out from halving? We know what that means

mrfashionwatch

bull market my ass ffs chill out. itll go up when it wants too itll go down when it wants too

chrisscottish

Also thinking Trap! However when the fed prints more magic bank money things tend to swell

AstroDSLR

Bull market or bull trap are things will only know in hindsight. Just see it for wat it is; some nice green candles and act accordingly:)

lukasgoti

Bear trap ?

fruitgamingspacstuff

I’ve been so tempted to sell some while it’s “high” and then rebuy when it falls again but can u fuck time the market right!
Ultimately I’m not looking at selling anything till at least 2024 after the halving of ETH and BTC, I know I will kick my self if I sell now.

Sird80

Trap!!

drewski0504

In the words of the great Ash Williams “it’s a trick, get an axe.”

The_Elder_Jock

Heart: woo hoo!

Brain: the fuck?

Wallet: kill me.

stealthzeus

How you gonna cash out? The only two banks that touched crypto, Signature and Silvergate both went up in flames.

riehnbean

This is the disbelief phase

JangHouse

My opinion is that BTC is decoupling from the stock markets. More people are discovering that BTC is an asset similar to gold. Mass adoption incoming. Respectable on and off boarding institutions such as Coindase are leading the way and building Congress towards fair regulations. Failure of the banks directly caused by crypto is a blatant lie. Even the DFS in NY said so.

hedinthecloudz

Trap

Just DCA

bobbyv137

The mother of all bull traps before a monumental crash. Anyone who thinks we’re in a new bull cycle given the macro is as naive as they are delusional.

Bitcoin will be circa $10k by EOY.

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