Quote from: tjtonmoy on November 01, 2022, 03:51:28 PM

Quote from: Cryptomiles1 on October 27, 2022, 05:59:33 AM

What do you smells from it?

i smell danger. it's just a normal pump. To start the real bull run BTC has to cross certain threshold of price. and i don't think it's there yet. It will take more time. For the time being it will stay at certain price and move between those price points.
I am not that good at analyzing the market but as far as i know, BTC is not there yet. It's like the silence before the storm. You will know the time when the bull will be back in the market again.

yes, It was not the right time to say were already close to a bull market as we are still too far from it. Even if it will reach $30k, $40k - I'm not going to consider it. These few pumps we have experienced are just to show the volatility of the market remains as usual. I only can say that we are in a bull market once the price of Bitcoin already reached close to its ATH last year.

In fact, as we can see the price had also dump after the price increase. It was not the look of bull season as we just see mostly on the upward direction of the market.