I reckon the drop yesterday triggered by Trump wasn’t some freak accident. It felt like a perfect storm with macro stuff, use positions all set up, and a bit of a market cleanse.
Is the Bitcoin Bull Run Over or Just a Correction?
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Sure, it feels that way, but just because events happen in sequence doesn't mean they’re connected. I mean, look at Nicolas Cage and pool drownings. Coincidence, maybe?
orbit_2009Member
Posts: 29 · Reputation: 205
#3Apr 2, 2021, 08:48 PM
The market’s still a wild ride. Lots of people are using use, which makes it volatile. Over time, as Bitcoin grows, it'll stabilize, but right now, it’s still small enough to be manipulated.
I don’t think the bull market is done yet. This drop was a reaction to Trump’s news about tariffs, which made the whales move BTC. It may look bad now, but it’s just a temporary correction.
Why all the panic about the bull run ending just because the market dips? We’ve seen this pattern before. Yes, Trump’s comments had an impact, but I don’t think we should be worried just yet.
Just to clarify, I’m not saying the bull run is over. I’m just worried about more dips this week. But hey, we still could hit new highs. Past drops have taught us it’s not the end but a setup for a rebound.
Totally see your point about media spinning stories. But this time, not only Bitcoin dropped; other markets did too. Makes me think there’s a connection here.
Yeah, coincidences happen, but traders play a risky game. Big investors take big risks, and when it backfires, they just keep trying. I doubt this is insider info; it could just be bad luck.
Any crash isn’t healthy, like the COVID crash in 2021. But those crashes can lead to new highs, so maybe it’s not all bad. Just gotta ride out the uncertainty.
Normal markets correct, and a drop doesn’t mean the bull run is over. I’m optimistic we’ll see a rally again before the year ends, especially with the holiday season coming up.
It's interesting how charts align with market events. Technical analysis still matters, and I think this drop is just a correction. We’ve got a couple of months left to see where it goes.
This feels like a reset. Too much open interest made it hard to keep climbing. I’m starting to accumulate now since I think we’ll bounce back soon.
AtomicShardNewbie
Posts: 26 · Reputation: 8
#13Apr 5, 2021, 07:54 PM
But what if everyone thinks this is the bottom? If that’s the case, we could see more long positions and the market might not recover. It’s tricky.
You can’t predict how the bull run will end! This dip feels normal, just happened in a weird way. Analysts jumped the gun blaming Trump. Let’s see how the whales react.
raven_2020Member
Posts: 88 · Reputation: 61
#15Apr 5, 2021, 09:08 PM
It’s tough to gauge if the bull run is done. A market drop doesn’t signal the end; we’re still in a bear zone post-halving.
I doubt we’ll see bear markets like before. The game has changed with institutional money in play. This flush might be the worst of it.
If we keep dropping due to trade wars, I’ll just keep buying BTC at these low prices. It’s an opportunity to accumulate more.
That’s true, often the biggest price jumps happen when people are most scared. It’s a pattern we see over and over.
A drop doesn’t necessarily mean the bear market has taken over. This could be one of those unforeseen events that we just have to ride out.
I’m with you on this not being the end of the bull run. It feels like there are still bullish moves coming. The market dynamics have shifted.