Is it going to be the end of bull market ?

[Pitter]

It can be but there is no effect on the market. It is increasing. This is very difficult time for investor. They can not Decide what will have to do. Some investor fall in vacillation.

[Falcon]

I don't think the case will affect the possible bull run this year. Actually, if that will bring the market in bear, bitcoin should be in decline now. However, the market saying differently as bitcoin is approaching the maximum value at $20,000+. More likely, we could see bitcoin cross $20k in the couple of days.

[tervel]

If the Chinese government decides to sell all of these assets, that would cause a lot of sell-side pressure. But if the Chinese government decides to hold them or take a much more long-term then it actually might be really good news.

[gotbounty]

In my opinion, the bull run is still going on, and even now it can't even be called a bull run. Because the increase, I even see it is still happening and increasing. although it got down every now and then.

[Atako]

Nope. Crypto moves on. What happened in China would not affect worldwide usage

[Prime]

Wouldn't it be too soon if the bullrun era ended now? At least if you want to repeat the bullrun of the past. so at this time, the bullrun is still going on. it's just that maybe this year there will be some market correction. I believe that the altcoins era has yet to come. So the bullrun isn't over yet.

[Delgboke]

Let's not just conclude on this matter that the seizing of 4.2 billion token from plustoken is the main reason crypto market is failling, I believe that the law of gravity has not been averted whatever that goes up must also come down meaning that the price of crypto must surely go up but however let be at watch on the issue weather is it really the problem.

[Quantum X]

I don't think it can lead the market into a negative direction. Compare to a total supply of each crypto, the amount that had been said is still not much in order to change ceased the momentum of bull run.

[Thymoty]

I don't think they (Chinese police) will be able to sell these crypto assets. It is possible that they will send back the assets that have been sent, back to their respective investors' wallets. So there will be no problem with the crypto market.

[shadowdio]

Seems this news was nothing affected in the crypto market because currently the bitcoin price is still high and it seems those amounts was just a cents in the market. Anyway plus token was one of the biggest scam of cryptocurrency history but bitconnect is the no.1 biggest scam of all.

[Confero]

What happened, why did the Chinese government make a confiscation of these Crypto assets, What's wrong ?!  Maybe this will affect the Crypto price if the coins are sold simultaneously, but I don't think that will happen.  Because the Chinese government will keep the coins and will not sell them.

[The Legend]

What happened, why did the Chinese government make a confiscation of these Crypto assets, What's wrong ?!  Maybe this will affect the Crypto price if the coins are sold simultaneously, but I don't think that will happen.  Because the Chinese government will keep the coins and will not sell them.

We don't have any idea about Chinese government. May be they can sell it whenever bitcoin is touch it's ATH. If they will sell it we can see a massive drop, which will effect all of the traders.

[Paglamon]

~

We don't have any idea about Chinese government. May be they can sell it whenever bitcoin is touch it's ATH. If they will sell it we can see a massive drop, which will effect all of the traders.

Of course Bitcoin will be in a better position. It is true that I currently have no idea about the Chinese government. However, in the future the cryptocurrency market will be affected a lot. People review about ATH. I also keep up-to-date ideas with them.

[MRM]

There is a lot of talk about bull run. But bull run is very necessary for the bitcoin market. I think the bitcoin market should change. When the price of a coin falls one percent in the market, a lot has to be lost. Sometimes a lot of cryptocurrencies hurt me. So bull runs are needed.

[Gurujebs]

As you see, this news market's effect goes down, but after coming news about LIBRA bull run also started again, so I think coming days more market will grow.

The way these news are rolling out seems manipulated to me, probably because I have sold and exit the market. Have you noticed something about Btc recently, as soon as the Btc tried to cross over in MACD indicating a sell pressure, they bring something that swallow bears to liquidated short markets.
I am having this vibe of Btc doing new all time by crossing over $20k