Post
Topic
Board Speculation (Altcoins)
Re: Bull Run or Bull Trap
by
olumyd
on 16/02/2020, 19:10:49 UTC
I see several telegram channels say bitcoin has started to enter a bullish trend, one of the factors is that bitcoin halving and also the price movement in the chart bitcoin has entered a bullish trend. so this not bull trap

That's just the thing, I think we the whole halving thing is just over subscribed and might be our undoing as traders if we don't factor in other players. The current market had already factored in the halving. And this may just be the best case scenario for us right now. I don't mean to sound like a prophet of doom. But I'm not sure the market is ready for a new all time high credit to halving.