Quote from: Pursuer on April 29, 2018, 10:23:04 AM

the discussions about this being a bull "trap" ended days ago as soon as price showed a huge buy support and a very solid rise behind it. this is considered as the starting point of the bull run now.

I agree with the rest of the things you said except that I think we may see a bigger rise after the $10k resistance was broken because of some short term FOMO buying that can take place after that.
regarding altcoins I am currently staying away because bitcoin is rising and it can cause a lot of instability among altcoins and I don't want to lose money.

I agree that the "bull-trap" scenario is a bit unlikely now but still it is worth mentioning since it was a hot topic. I hope that you are right and that FOMO might even drag the price past the first resistance at 11-12k since that is what happened last time. But since it happened last time I think the movements will be a bit "calmer" and more controlled. So I think we are going to encounter resistance and have more retracements even if we go past 10k.

I am still ready in moving a bit to the ALTs since if 10k is broken and a steady bull-trend starts then most ALTs have 50-80% discounts from ATH and could have some nice gains. But I will just be moving to the ALTs that I have researched and that have stayed active, shown progress during the bear market.