Do you want to know what a Bull Trap is? Take a look at Bitcoin price index right now!

in #bitcoin7 years ago (edited)

About 2 weeks ago, i shared this post; "Why Bitcoin price has to fall to rise again...", and 3 days ago, i posted this; "Save some cash! Bitcoin is about to see under $2000".

I am not writing all these to say "I told you so". I just want to share my thoughts and next prediction. Bitcoin price dropped as low as $1830 yesterday(bitstamp). Today morning, it recovered slightly as people could transfer money from banks and buy cheaper Bitcoin. Although it might sound like a good idea as the price dropped of 34% from its all-time-high of $3,000(June), things are never that simple in the market. Besides, if you are buying at the sime time as the majority do and selling at the same time as them, you are surely doing something wrong.

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I will try to keep it short and simple. I strongly believe that its recent price pump is nothing but a bull trap. Price will definitely touch $1800 and maybe even fell below that. If you have a look at the index, you can see that this last movement is a clear bull trap. It is smart move to buy and sell since this movement was not a surprise, but i think long term investments should be considered once again.

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I expect to see even stronger crash very soon as bears made their first short profit with this last movement, and they are about to sell again to realize it.

Above article is not, and should not be regarded as “investment advice” or as a “recommendation”.

TR

Boga tuzaginin ne oldugunu merak mi ediyor musunuz? Hemen Bitcoin fiyat grafigine bakin!

2 hafta once su yaziyi paylastim steemit kullanicilari ile; "Why Bitcoin price has to fall to rise again...", ve 3 gun once de sunu; "Save some cash! Bitcoin is about to see under $2000".

Simdi butun bunlari "Ben size soylemistim" demek icin yazmiyorum tabi ki. Sadece su anda dusunduklerimi ve Bitcoin fiyati ile ilgili gelecek beklentilerimi bir kez daha paylasmak istiyorum sizlerle. Bitcoin fiyati dun 1830 dolar seviyelerine kadar dustu. Bugun bankalarin acilmasi ile birlikte bir tepki alimi geldi ve fiyat toparladi. Tabi Bitcoin´in gectigimiz haziran ayinda yaptigi 3000 dolarlik rekordan sonra %34 deger kaybedip bu kadar dusmesi cok iyi bir alim firsati gibi gorunebilir ilk bakista, ama borsada hicbirsey bu kadar basit gelismiyor. Ayrica, unutulmamasi gereken bir nokta var, herkes alirken siz de aliyor ve herkes satarken siz de satiyorsaniz, bilinki bir yerlerde kesinlikle bir yanlis hesaplama yapiyorsunuz.

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Cok fazla uzatmadan basitce dusuncelerimi soylemek istiyorum. Bitcoin fiyatindaki bu son hareketin kesinlikle bir boga tuzagi olduguna inaniyorum. Fiyat 1800 dolara dokunacak ve hatta daha asagilara da sarkabilir. Eger grafige bir goz atarsaniz, bu son hareketin bir boga tuzagini oldugunu acikca gorebilirsiniz. Tabi dun alim yapanlar icin bu seviyelerden satmak zekice bir hareket. Ayrica boylesine bir sert dususte boga tuzagi beklemek oldukca da normal. Ama uzun sureli cikis bekleyenlere birkez daha dusunmelerini tavsiye ederim.

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Her an cok daha sert bir dusus bekliyorum. Borsa tabiri ile, bogalar son hareket ile ilk karlarini yaptilar ve simdi satip bunu "realize" edecekler.

Yukaridaki yazi kesinlikle bir yatirim tavsiyesi degildir.

sources for images
https://cointelegraph.com
https://www.bitstamp.net

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This post has received a 6.03 % upvote from @booster thanks to: @nomad88.

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