Bitcoin Forum

It's irritating to see people saying that after a 20% crash (which happened a week ago or so), that 1 or 2% daily recoveries is a good sign for the market. It's not.

Are you just going off of the premise that huge red candles recovering slowly is just painting bear flags that lead to another fall?  The problem is nothing is acting normal.  These bart candle patterns are just signs of manipulation of large holders counter trading the masses and pushing through everyone's stops on margin.  It seems more reasonable at this point to predict the exact opposite of what is supposed to happen as the newfound result. 

Back to your point though people are definitely trying to create a positive vibe and sort of wishing well it into existence because they want the bleeding to stop.  In reality though we're definitely in a "dumb zone" of trading where Bitcoin has to decide whether its gonna break over 6800 and start working on the 7200 resistance or if we're going to go down and test 5k (or 4.5k).  I do believe we are nearing an end simply because things are behaving very strangely.. and I'm getting the sense that someone knows something behind the scenes and there is one last accumulation run before the big blast off (but I'm also ready for the bearish pessimistic case that maybe we go and retest 4.5k first and enter a long consolidation period).

There's just not enough information and there are mixed signals no matter how you break it down.  I think everyone should just wait for bitcoin (or its manipulators) to decide, and in the meantime don't be taking too many alt positions until we know for sure a cycle is gonna get started up and for sure don't be trading on margin (Bots are sniffing out your stop  information, and will take you out of the game in a one minute candle).

Trade safe guys and be patient, don't look for what isn't there like OP says.  Bulls are coming in due time.

Why not?1 or 2% recoveries of the market prices are a good sign,if they are consistent and continue for 2-3 weeks.The problem is that I don`t see such consistency.The markets will continue to stagnate and there won`t be any steady bullish trend this year.The patient HODLers will be rewarded for their patience,anyone ,who is waiting for fast profits will lose in the end.

recovery is still a recovery no matter how low it was. Because right now we got red market. Be considerate and hodl.

You are correct about that. We encountered very strong bear candle and yet the bulls cannot overcome or reverse this process in an instant. This is a sign of Strong Bear Movement and Weak Bull recovery.

It is advisable to wait for more days because there is a chance the bitcoin will break the 6,000 price level and reach a new lower low. Im expecting bitcoin to reach 4,000 - 5,000 price before it bounces back again.

Well its not a moon correct. But it shows the recovery is happening rather than a bigger dump. What better can you expect when there is a large number of panic sellers and young blood who dont understand a thing about trading and when to buy or when to sell?

These noobs bounty bitcoin probably by mortgaging their houses at 20k USD and are now crying that prices dropped. It was their fault and now they have to suffer because of their ignorance.

Still signs of recovery is a good thing in the market. We can expect a bull run to start soon this weekend.

That should not happen, we still have strong support at $6K and we should see a bull run starting with the current price.
It will discourage people if the price will even go lower, the market has been at dump for 5 months already, we should see some good signs to make this pump.

It is a minute compare to what was loss within the last one week. If the percentage recovery of 1-2%  will be sustained then we are on the way of recovery. Let see what will happen in the coming days.

Why are you irritated? 1-2% recovery is a good sign at least the red line does not continue, everyone can argue here. At least they bring positive things in the market, even though it's a small thing, after all many of us have their own opinions and analysis, do you is often get stuck in something like this, that is where it bit rise but the next day it falls bigger?

Don't expect too much for that bull run, IMO market right now is in an uncertain state wherein it can be bullish or bearish and those movements can be ascertained only from news tomorrow or not at all.
1-2% recovery is not a good sign at all if it is not happening continuously to make price rise steadily. Nevertheless, I do agree that it is better than seeing a constant drop in price.

Recoveries are always good, but you recovery when you get to former situation. If market loses 20%, then only a +25% will be a recovery.
i don't say it's impossibile, i say it requires time, trust and good news toghether with good lont term prospectives.

If you are not patient, you will not get any gain from cryptos.
And I agree with you, color controls the feelings of many, based on it, the decision to buy and buy and this is not true
This climb/dump, if boosted by the optimistic news, would be a good sign for the best selling/buying point.

20% fall after a 200% abnormal rise is not considered as a crash. We are still considered to be green/up. Those fall might be considered as price "correction". Steady rise of price after a correction is not actually a recovery of a price rather increase of its actual value. And why do you think those 1% and 2% daily recovery is not good for the market?

Yeah, correct. It's not always moon but somehow, it also doesnt mean it's forever dump. We can see that the market is recovering bit by bit. It's part of the crypto world, pump and dump. It needs a lot of patience to gain profit. You must earn it. If you don't have patience and trust that it recover, then you will definitely lose.

only to those people who bought at lower price is still up those people who bought at 20k are dead right now. maybe he thinks 10% increase everyday is the good one for the market. i dont know why people getting worried about 20% lose in a single day we should start worry if its happening everyday.

No one is in doubt of what a recovery is! What the OP is clearly stating that crash recoveries are not moon! You do understand what the term ''Moon'' is? For the sake of clarity, ''Moon or to the Moon'' is just an extreme spike in a cryptocurrency price. Bitcoin falling from $8000 to $6300 and then later pushes back to $6700 is not mooning! It is basically recovery!

Some people are just trying to spread a positive sentiment rather than a pessimistic point of view. Daily recoveries, no matter how small they are, are always welcomed in a market surrounded by a bearish sentiment. Sure, they won't trigger a bull market nor the price is gonna moon, but they can help shift the overall sentiment little by little. Also, the majority of people likes to see green candles, and given how this is a market driven by emotion, these positive numbers could help stop any further dumps from panic sellers/weak hands as they begin to see small recoveries.

the topics here and mostly in the altcoin board are made for hyping purposes nothing more. and most of the times they are always created by some bag holder who has been tightly holding on to some altcoin that has been constantly losing value so now that the price has turned green a tiny bit they think they can hype it up by a simple comment enough so that they can dump and get rid of it.

the fact is all of them will panic sell soon when the dumps start again and they lose another  chunk of their money.

Good sign for the market recovery? Yes. Mooning? Definitely not. A good example of mooning is what happened last december and that's way different from a few percentage recovery. Though we can't complain now for these small recoveries since the market is been battered this year by the bears.

Yeah it can still recover only if they have a reliable team to operate so many things efficiently. It depends on the operating team how they work on their coin. A coin will not introduce itself so yeah it's common sense to rely on an effective team in command.

Oh well, we do have our own interpretations for me this slow pace movement can be a good sign that there's still people that holding the price to avoid the big collapse, from the eyes of believers small traction of gain can move new investors to play and ride on, if you are irritated better to keep off while the market is unstable, go back when you already seen the bull runs again.

The team is really important to the development of ICO’s, that will provide good creating strategies in selling ICO's
and creating the functional products that would convince investors.

1 or 2% +ve changes shouldn't be called recoveries and not be celebrated at all, except if it's a continuous rise over the course of a few months/weeks. Just a quick look at the charts say that there are no recoveries happening along the way, seeing that the bearish sentiment over the market is still strong and selling pressures are still present. The market is going sideways and one big sell order could change the course of the next few weeks. Right now, we haven't been into sub-$6k despite the continuous selling pressure the market has seen for the past few weeks so it's still good in my book.

Why no?!..Even a 1% daily recoveries it will be a stepping stone to go to the moon. Avoid to become a irritated person,while you are here in crypto world,it is not good for you. Just focus to your activities in crypto and gather more good ideas to become successful someday.good luck to you my friend!

I know you kno and all people working in trading are knows what will happen in the world of cryptocurrency trade, control ypur emotion and b pe patient 1% to 2% daily recoveries are good sign to become price rate of altcoins including the king bitcoin goes huge the price in the coinmarketcap in the right time may this coming august to September price going to the moon and the trading stable into good conditions.

It is a good sign, it is a step toward the right direction and no one said that it was a full recovery, you know what is really irritating is hearing all this negative thoughts being spreed on the forum, trying to bring people down, it is good to be positive and hope for the best, because letting negativity control your ideas about the market than you will definitely make some mistakes.

Well, what mostly happen is that, after a 1-2% price recovery holders will consider it as a good sign and they will feel a sense of relief thinking that, that would be a good chance for them now and after a while, market turns red again and declines lower than the previous fall. This event triggers emotional instability for most holders resulting for them to spread negative news about the project or FUD.

Crashes are suddenly happened in market but recovery is slowly comes in the market because sudden pump is highly risk in the future pump. So 1 to 2 percent is more than enough to recover the Crypto market and many peoples are expecting some gradual hype is comes in the future.

Agree with you on this mate. I have seen so many people saying that there is a spike in the market which is actually not a spike but just a recovery.
For example, the recent Bitthumb hack due to which the market went in decline a bit was recovering and then I saw a post where the OP was saying that the spike will lead to new ATH . This is just ridiculous. I think people should start seeing the history before they consider it as a spike.

Crash recoveries are not moons for sure but they are something that's very essential you know without those recoveries they won't be able too hit the moon in the first place , therefore recovery's  something that's a big deal you know.
We cannot always think of suddenly it exploding and getting big and we making big profits. It happens step by step and that's the first step and something very essential, so I think it may not be the moon but it's as important as that.

C'mon don't leave us hanging with just that.
Why not explain why it is not a good sign. For most of the comments here they are against you and I am also on their side.
A green color will always be a good sign. Also, it is a good sign that people are being positive with the crypto market and not losing hope. Am I right? Why irritated with that kind of manner of people?

We can't say crash recovery are not moon because most times, such recovery would see market make much gain to turn the market into bullish. I remember last year before bitcoin hit its highest, price recovered from $12,000 after dropping to $10,000 before climbing to $15,000 until it got to $20,000.

Thats a pretty good judgment about the people and their predictions. Its true as people think that it is perfect when there is some green signal coming along the way. They think they have already found the great investment and now they will see perfect bull run next door!
I guess its their impatient nature which makes them think like that. They forget that we already have had biggest dump ever and until the time we dont reach exact initial value then we never reach the break even point! That should be known by everyone for sure.

That's true. That's what I refer to as the lower greens. The small increments we see are just camouflage we see and they are not a true recovery. Recovery is when you get back to your initial state.

I think it depends on the reason why it crashed. If its something like what happened last year when China announced ban of ICO's after the 2017 ghost month, it took a few weeks when market started to pick up and Bitcoin hits all time high by December. If its after a site has been hacked same thing, market will react for a while but it will soon recover. Recovery maybe slow but at least it is recovering.

It is definetely not, 1-2 % increase after a crash is normal, it is not even an increase but if you buy at a dip and hodl the coin for few months you can make more than 10-20% profit.

Obviously it is just few % which is also getting added up by the new investors that may wanna try the crypto world now.  ::)
People are always and will be misleading in all senses. They have never understood the criticality of the market when it sinks at the bottom. When any coin reaches its bottom then either it will take very long time to rover itself with lots of ups and downs and kinds of 1-2% on the way. With single green candle the whole prediction can never be done and those who does is just not the real investor for sure.

Yes, indeed. It's good that the market is recovering somehow after a great crash. However, do not consider it as a sign of a market recovery, since the market crashed heavily and a little recovery does not even meet the amount of percentage it dipped compared to the past market value of cryptocurrency.

I think I would agree with you but not on the irritating part because people should be entitle to interpret current happening to the best of their ability and be hopeful with it without being judged. Most times we express false hopes thinking because of such marginal increase then all is green till the foreseeable future forgetting that its just normal market forces at play. The source of those false hopes to me is because everyone is eager to see a boost just like people waiting for a rain and the moment there is huge breeze to suggest rain is about to fall, everyone is happy ready to get the maximum. That's when you see series of threads opening up for the same reason on increase and when it didn't happen same threads turn to prophesying about death to bitcoin. The circle is repeated all over again.

It cannot be called recovery but every positive sign can be a start of the recovery. I can understand that some of us  are losing their
patience and expecting the market to bounce back, but it is still not happening and they are frustrated.
It is also a good sign that the market today has not reacted negatively on the hack of Bithumb.

Crash recoveries are definitely not moons but I'm still optimistic in general. Now It seems the market will only turn bullish at the 4th quarter of the year. At the end patience wins.

It's not as easy as you might think. If you did that in the more recent months, you would have ended up not making any profits at all. Never underestimate the market when it is going down, because as low as you might think the price is, it can always go much lower than that. In other words, the timing as always is the most important aspect of making profit in this market. You can't just blindly buy a dip thinking it will automatically result in profits just because it is a dip. The far majority of the dips in the recent months have turned out to be very bad entry points....

Yeah it is not good sign for me, 1% -2% recovery in a day really bad for me because i want to see the crypto recoveries not happen today. I want to see the crypto keep fall, so i can collect crypto in cheap price. Hope that it will happen again, because that was good chance to catch the ticket for tomorrow trading.

Indeed, we must stay on the fo while the price was showing minimal recovery and possibly it was just some part of the crypto corrections in parallel with bitcoin value. The perceptions on the price value was a great signs when it could blew up our minds upon noticing the price pump successively in the next few days. However we should take this opportunity right as we buy new coins to hold, do it now while the value was still cheap in the exchange markets.

You cannot just say that recoveries are not a good sign for a market. There are various factors that affect the recovery. Hell, various factors affect what you say. Sometimes, if not most of the times,  they are good. The rest, they are bad.

One main factor is that, sometimes recoveries are not a good sign if a coin is only meant to be pumped and dumped. Take XVG for example.

We have to be patient and be prepared for every scenario. The bearish market is stressful and the stagnation is boring but we have to remember that it can last for several Years ( like it was from 2013-2017) Many of us will give up on Crypto and only the patient ones will win and winners will take it all.

You cant blame people and get used to it for those people who do react even on a small increase percentage on bitcoins price or on any altcoins in the market. Being optimistic or hopeful is always been part of the of human nature.If you are irritated then this cryptomarket would just stress you out because you can really remove or do avoid those people who do make such reactions.Therefore just neglect it and move on.

Speculation has got everyone wanting to see the market high up there, not minding what damage it is causing the entire cryptocurrency ecosystem.

I agree on that, we need to be more practical. Tbis dropping of the bitcoin price is not new yo us, i see that we have been experience this before from the past few year from now but ot will still recover at last. So then the best thing to do right bow is maybe to hold with patience and we must stop looking at the proce chart to avoid unnecessary feelings.

This can be either a positive sign or a negative sign (for example a fall correction). The market can then fall through again which has been happening for several months.

What do you have in mind about damage to the ecosystem?

Best thing to do now is to go to sleep and stop looking at the market any more. Put an alarm clock that would ring only when the bull run starts so that you can sell and make some cash. In case you are feeling adventurous then place some buy orders with prices of 6.5k USD and then stock up on bitcoins. Its all a part of the cycle.

What can happen is speculation. People can say anything while speculating. Maybe someone bought some coins and so market recovered a bit.

Still, the percentage of Bitcoin's dominance in the market does not decrease, but it grows, so investors buy up Bitcoin, in the hope of growth and will soon raise the stakes to fix profits.

Having a short correction is not a bad thing for the market and when you see a market that just keeps going down without those corrections shows a high level of weakness in the market and possibilities of a crash. This was the exact thing happened in last year December month.

The little flags that are shown is just to let us know the bulls are in a way still trying to fight back but too weak to do so until the moment will come when there would be enough to strike back and that is what volume most of the time usually depicts but there is nothing wrong with the market at all.

It's hard to define anything at this point. Each cycle is required to develop any coin that grows, degrades, and balances. Bitcoin has a good sign that it still holds the balance at 6k. That's what I see, that might be a positive sound for now. The moon will come but may not be this year. :-[

To some they are, probably because when they entered the trading world they bought the coins at a certain amount and when it increases like a minimum percentage they would think it is mooning. You can’t seriously blame them for thinking that, just educate them if you know better instead of saying things they maybe barely able to understand.

There is no problem if it slowly recover 1 or 2 percent daily as gradual movement of coins is much better than quick pump movement. but it seems it is not currently happening in the market selling volume outnumbered the buying volume which may still sign of bearish market.

Those market metrics of coinmarketcap are not necessarily correct. Still it can be assumed that every time the net capitalization of bitcoin decreases, investors are pulling out money and then whales may charge it and pump it up to a 5-figure amount. They are not the point of interest for small cap traders.

OP is not talking about such things. What OP means is that small increments should not be considered as btc to the moon.
New people watching the market will get elated at every small rise of price - if they dont watch the prior market scenario.

Surely they are not. After the fall of crypto from all the ATH's in December the current prices rises (if any) are just tiny fraction of whole thing and may not mean anything to the recovery process. This market now needs jump start of 50% or more then only we can say that they are in bull run and will be up for something then onwards. However currently they are not in the position and market is not really recovering at this point but it is getting hampered and loss is getting followed every where. Bull run is said to be at 15% up movement , but we are so much grounded right now that even 50% looks far from bull run.

Of course corrections are not moons.
Btw, I have a good backgroud in forex trading, but it seems that in crypto usual technical analysis tools don't work.
BTC is still too sensible to speculations, and if you don't have "insider information" you just gamble.

actually holders nowadays trying to comfort all investors who still holding on this circumstances..to prevent constantly panic selling,  which is they prefer to spread positive new instead doing opposite that can't help market recovery.

Just some short correction which is an usual fluctuations for any market. The same way we always get to have corrections on the way up most of the time is the same way we will always get to have corrections on the way down  which is normal.

1% - 2% recovery that a lot of people are mentioning is nothing far from the bears showing us they are still in control and until then, the market is still in a downtrend until further notice, and the only thing we have is just to wait, chill and see where the trend leads us.

I am not satisfied the current market situation because there is no nice argued  decision to buy BTC as well as there is no the similar decision to sell. I hate such a state of market because it is possible to mae many mistakes whne market is in a stagnation.
What anybody think about  the future of BTC?

Yeah you are right. Since December of last year, we are seeing bitcoin to be rotating in a specified circle. The prices are not getting out of this box. They are not getting up although there were many predictions about prices to get over this constraint in April. But two more months are about to end but nothing seems happy. Still, our hopes are high and we expecting a blast in end of this month.

The market does not exist to make you feel "satisfied". If you dont like trading simply stay away from it and dont bother buying or selling. In fact that is the best thing to do at the moment. Hold the coins till the bear run completes and bullish wave starts. Then you can think of selling or crying because you did not buy more at the bear run.

That is the fault of a naive trader. Others should be happy of the mistakes by the naive population.

BTC is the future of the world economy.

we cannot,prevent people glorify or apprreciate if theres somethings,good happen in price pump in blockchain market,because this is a diversinary strategy,in order recover those loosing time of your crypto investment,so therefore in order to maintain the positive good vibes and luck in earning a good crypto profits you must boost yourself in order to continue the good karma and saying thats this recovery now is a good sign,and this will gives hopes to those who are weaklings into there faith in cryptocurrency.

What was missing in the last week. If the two to three percent recovery percentage will be sustainable then we are on our way to recovery. Let's see what will happen in the coming days. This is a sign of Bear Bear's Movement and Bull's Weak recovery. It is advisable to wait for more days because there is a possibility Bitcoin will break the seven thousand price level instead.

Sorry but the market couldn't be more predictable at the moment. There is still down pressure. We are in huge falling wedge. Which in general is a bullish pattern.
But before a breakout of that pattern happens, I think we will continue going down. So now Bitcoin is cheap. Therefore the smart people are buying, accumulating.
Only unexperienced retail investors and newb traders are selling here. Ladder your buys! Every time price goes down a bit, you buy!
The bigger the red candles, the more I am happy to buy. Because in 1-2 years this will pay off big!! Buy when others are fearful!
If you wanna be a successful trader and investor, then that is what you have to learn!

And why are you annoyed? Is the growth of 1 or 2% is not good news for crypto currency? Be positive.

It's fine. It's your own assumption after all.

But didn't you know that a small increase of recovery coming from a crash is a good indicator that it battling the established bottom? Meaning we can see the support around that price level therefore we can make up some adjustments on our strategy. 1% 2% etc. whatever it is, someone is buying around the price level.

Because that kind of price movement is usual then it's obvious that you will see statement like that. If you will not adjust then your irritation will continues....

Actually the price is now recovering.Now the price of bitcoin again raised to 6138$,so it's seems good.May be by in few days the price will get back to new maximum price.When the price is recovered to old value,we can expect the new moon.Some may think it will not occur.But the price will reach new moon soon.

If it isn't then why did bitcoin reached 20k us dollars? I mean, it suffered a lot of crashes and look at it. It's still standing still for investment and more people to trust this coin.

Yup it always crashes its part of the nature of bitcoin and after the crash a slow redemption happens then go for a boost from the hype after the all time low and bounced back for a higher point. After a big crash it always goes over the last highest value then continues to dominate then crash again, its a cycle that cannot be broken from cryptocurrencies.

bitcoin and crypto market has not recovered this year. Prices fell steadily and only rebounded 1-2% in a few days and then prices continued to fall further.

this is depnds but i have been ibserve a lot of coin that have been crash for but making to be boost in the future that is why this happens knly if that coin are profitable.

we hava been waiting for 6 months but until now we can't see the market recovering, may be this year we should not expect too much because it's almost impossible to reach a highest value like the end of 2017. I think this year is not good for crypto market and I hope next year will be better.

Atleast you do already see some price gains and this is the thing where short traders do like and this is where would money came or profits to be made. You cant blame people to have the pessimism when it comes to prices and yet this thing cant really be avoided. It might piss you but those gains do give somehow hope that the market price do have sign of recovery.
Instead on getting pissed, why wont utilize those movements for you to make some money?  ;D

So what you mean to say that lets hope for continuously dropping ?because its better to have smakl growth than nothing always remember that.people are just being thankful because atleast market recovers even in small amount than just always falls since this is reality and dont let people be hopeful .

I do understand your sentiments because prices are drowning week after week but atleast let someone celebrate when we have atleast 1% than nothing at all

Its normal for the price of cryptocurrency to dump today because the price is very high for so long, always remember that the market is volatile so you should always invest a huge amount while you still have time just like today.

I know it is not so pleasant to see those but it is their right to say their opinions. And they might just be trying to spread positivity around but some people don't like it like you do.  But still, I don't think 1-2% rise can be considered as a recovery.

if from an important resistance level, then Yes, maybe that's a good sign, and if in simple marks - I do not see it as a positive sign

I am still waiting for this price tag to come. Since those last days of last month of last year, when bitcoin has shown amazing jump to the moon. Things are quite worst now but this is natural. Crypto always live like this. They are going up and down and keep going down so that people are afraid of this, then it just steps up. Right now, we are just waiting for that moon to come over.

If they dont have patience then their hope will fall. Its often a necessity to stop watching the market because it will make you feel hopeless.

Recovery by 10% was seen yesterday. Market will recover and then again continue dropping again recover and so on. Be cautious of placing orders after a big movement in the market. Stocking up is good but often you just need to stay from the market for a few days and watch.

Stop shitposting with one-liners if you have nothing informative to add to the topic at hand. :P

In August the price of the altcoin will rise to the moon. Actually, prices are falling. Perhaps the elephants are trying to price things, which will make us lose quite a good investment. Should hold your pennies in the next few months

I see now the price of BTC and other popular altcoin stay strong and look like ready to going up more, my prediction the price will continue going up more and this is end of bearish trend. BTC just made bullish engulfing pattern and big probability the price will to go higher soon.

Or that could be just someone buying and after that everything sets back to where it was. If really want to see the market recoveries then look at the yesterdays graph where the crypto currencies literally mooned to 10% hike and thats the real recovery. Just 1-2% hikes are not really recoveries and I agree on the OP completely.  I dont see any significance of someone buying that much and just showing up little price rise. That might excite some people but whats the use if the prices are again gonna go back as there are more sell walls created in such times.

Could not agree any more. Despite so many crashes in the previous years, it always recovered it value in the market. One of the BTM innovators had a huge loss in 2013 and he was ranked as a Bitcoin billionaire in 2017. This is a market game which still has been attracting so many people to put in their money. So it does not mater how many you earn as long as you are earning. The long term will take care of the maximization of the profits.

Actually all crash can be recovered once the compay perform a better actions from this and many people have been supported the services they offeere in the public or the world trade market

Recovering value has a different concept in different people's eyes. In some the total market capitalization is more important than just a price rise. In my opinion a sharp market rise is going to be followed up with a sharp drop as well.

Would suggest people to stop listening to any such news because most of them are just paid/biased/FUD news - a real investor would never reveal their investments to others.

Not exactly. Unless you can realize that profit, either by selling or liquidating the bitcoin into other modes of transfer.

Well said, it is absolutely True. Even if there is a small recovery, it is good for the market to grow better. Initially, when I started my trading, I had some amount of Bitcoin and because of the panic selling I sold the whole currency and I was in a total loss. As soon as I understand the market, I am doing better for 8 months now.

Crashes are common and I think people are not able to recognize the crash recovery price movement and nor they are able to trade them if they predict it somehow. Well, it is not a good sign for the market but yes It is better that you first learn the strategies and then apply them to practice so that you gain some profits trading those patterns and i am sure it will take some time for you to identify the crash recovery price swing and bullish trend swing and once you mastered the art of prediction then you can easily find them and trade them.

Yes, there's a lot, a lot of wishful thinking in this forum, debased from any technical analysis. My personal feeling is that this consolidation phase will last some time more, the whales need time to buy back all the BTCs which they have dumped in these months...

Then dont mind them.
It is their opinion and if it is a good thing then why not just take it.
Is this FUD or are you in one telegram group which speculates the market? If that is the reason then get out of there. Simple as that.
I love how they take it as a good sign. It means they are still optimistic with the crypto market instead of wasting time making FUD and other foolish predictions.

It is also the point where people make the major mistakes of selling a huge chunk. It causes a rebound drop in price much greater in proportion than the small rise. This leads to panic selling and the price continues to drop even more.

You have to sell to realize a profit. Now when to sell is more important along with what to sell. For a long term advice on bitcoin, I would suggest 1-2 year with a stop loss target of 20-30% of buying price. Again due to fluctuations it might not arrive but its the best you can do.

This time for the coin to rise again and to the moon is impossible, I think it will be very difficult for us, so I believe the market will grow again in the next year.

Yeah you are right if the price reaches to $20000, it will not be moon for the price but it will recover its previous highest price. The moon will start from that point. It will take long time and only cool people can wait till that time. I have also invested for long term and will wait till the price reach to $25000.

Just yesterday there has been a price rise from 6800 to 7400$. If you were wise you would have taken advantage of this opportunity to buy some bitcoins at the low and then sell at 7400$. I am expecting a drop to happen at 7500$ if some people start selling too much, or if everything goes nicely then we might see 8k USD very soon this weekend.

LOL 25k wont happen anytime this year. Maximum we can dream of is 20K touching again but it wont sustain much long.

You may find your party soon. I am also expecting a new ATH within this year that may be your target or beyond that also. But most people here are not understanding the nature of bitcoin markets. We were in a bear trend and all these things are normal and the same way most times we get to see some corrections during an uptrend is also something that should be expected. Yes, I am denoting the overall uptrend of entire bitcoin market in long run. Nothing is new and it happens in every other market. When there is a full recovery, we will get to know but rather than call these flags recovery, it is just some little bit of correction during the downtrend and nothing new about it. Crashes and recoveries are just the nature of market behavior and we cannot be relax about them as they may happen at any time and in random manner too.

A good prediction, after the crash the price of crypto currency will try to change the trend or at least increase in a few days. And this is happening now, bitcoin prices grew a few percent after crashes a few days ago and now signal up will still continue. If you look at price movements now, I just believe bitcoin prices will touch $ 10,000 in August, we can see that later.

It may even touch 10k before August, no one can say for sure. But August is the safer bet because of the bitcoin ETF happening we might see people stocking up on bitcoin before it and then a dump after a few days. This is not a healthy growth of price though. The market is swelling with money coming in from young blood who are naive about the rise and fall cycle of bitcoin hence expect some bloodshed market by next week.

My suggestion would be to hold at the moment. Buying is no longer feasible at this price, though you can do so if you want it badly.

yeah i think so, market down 20% then go up just for 1-10%we still lose our asset,that i mean im not recomend day trade,except if u are pro trader.
better buy and hold for 1 or 2 month.

you only loose if you bought cryptos at a high price . but for those who bought cryptos at a low price , they dont loose anything as well as the people who dont buy cryptos at all . and if you look at the price histry of cryptos , you can see that cryptos this year is still higher when compared to thier price on the past years ever since 2009 . so overall , we should still be thankful because cryptos are actually improving and more people are now already recognizing the use of it .

Those stuffs you guys are calling recovery are bear flags and that does not show anything else than the market is still in a huge downtrend and shows a possibility of falling down lower.
They are just patterns and that does not mean the market is trying to pick up or have a bounce but when there is indeed a bounce, I am sure it would be pronounced enough with high volume on break out most of the time. For now, there is nothing like moon. What claims being made now a days, I am believing that bitcoin has already started to touch moon. Soon, we may see bitcoin prices to test $10,000 levels and that may happen in few days also.

People are happy when the price rises, they say "go to the moon" but its meaning is not so. A slogan needed to continue holding the coin. ;D

Well here's the thing, if you bought bitcoin close to it's all time high, you haven't lost yet. There are investors that believe btc can exceed that ath in time and they're willing to wait it out. Those people that talk about mooning with the slightest sign of an upward trend would have to reconsider their outlook towards crypto trading and investing.

As far as i know , moons are the state of cryptos in which they are increasing that leads to reaching their new ath . while on the other hand , crash recoveries are only a slight increase of what the coins have lost .


Lol . that was freakin hillariuos . the price are only going to the moon because it is rising but not the people .


Slogan are nothing. if you trust the coin , then you just hold it without depending on any other factors .

For some yes but with special conditions. Though it rarely happens a while or so but the probabilities won't be even considered if calculated thoroughly. Crash can be recovered for a while but not all the cryptos can do that so do be careful not to rashly invest all of your money into random coins.

You haven't lost if you haven't dump your bitcoins already. But I'm sure that newbie investors, those who bought the hype around December have opted to get out and cut their losses. Day trade is different though, you can't just jump on it and thinking that you will gain 1%-5% daily, it ain't happening. Any daily increase though might not be a good indication, because it could be a bull trap or just a dead cat bounce. As for people shouting "mooning", they are also the first one to bitch out when the price suddenly declines. LOL. ;D

To talk about the current crypto market, it will probably be one of the most potential markets, maybe in the future the value of the coin will continue to rise. And if so, whoever holds the patience will be one of the great things

Bitcoin is back. The world's biggest and best-known cryptocurrency is recovering from its recent crash, which saw it lose two thirds of its value from its $20,000 peak in mid-December. On April 6, bitcoin slumped to just $6,620, with rival alt-coins such as bitcoin cash, ethereum, litecoin, ripple by XRP and dogecoin also plunging back to earth after hitting dizzying heights in 2017. Could they still “fly to the moon”, to use the jargon favoured by cryptocurrency investors, and make you rich? Or should you do the sensible thing and shun this terrifyingly volatile asset class?

just calm bitcoin prices will definitely experience a price recovery you just need to prepare yourself to be able to make a withdrawal of profits.

The issue a whole lot of newbies always have is due to the fact that they had the wrong reasons for investing in the first place which is wanting to get rich as fast as possible which obviously affected all their outlook like you said towards investing and trading cryptocurrencies. This is one outlook that will be hard to just discard unless they figure out a way to remove that mindset of getting rich quick which is also the reason why they join FOMO pretty fast, want to trade the market without knowledge and assume that every slight move should start with a bullish move.

I agree. For short-term trading this can be good. But when people bought coins at the beginning of the year at a very high price they understand that it will take a long time to wait for growth.

I don't buy into that line of thinking.  It's true that you haven't had an actual loss if you didn't sell, but you still have a paper loss, and that's just as bad IMO.  Bitcoin is only worth what the market says it is, and if you bought at $20k, you're in the red whether you sold below that price or not.  It's kind of like saying you haven't made money unless you sold.  Mark-to-market accounting would suggest otherwise.

I do agree with what's stated in the title.  This "moon" idea has been floated around for years, and what we're seeing right now is just a little recovery, and none of us knows whether it's going to be sustainable.  It does seem to be gradual gain rather than exponential growth (so far), so that's a good sign.

Yes, we need to understand, that we are far from recovery in the ETH and Waves prices of 900 and 12 $$$ this is certainly not the moon, just a slight geowth

This is how the marketplace growth and dump showed so far. We need to invest on the correct coin to safeguard your investment in this time so you no need to work for the investment analytics or anything buddy.
Then keep your investment method on the good exchange where you see the profit rate more in the value.
Please focus the coin for the long term whether it will be crashed or not. Just do not bother about it.

Why does it annoy you? I think that people mean that such a small growth may be the beginning of a new bullish trend, and this event is good for the entire crypto currency market.

Basically, it isn't that's why it's called recovery from being down to its original price. Moon is referred to a new all time high having its previous record being breached by the current record. Been hoping that bitcoin will fully recover to 20,000$ this year too.

LoL waves is another shitcoin which helped promote some scam/pump and dump ICOs and then then its shows some movement recently along with bitcoin pump and also when bitcoin dumped. You can buy some for the long term but there is no singal of any growth at the moment.

A small growth or a small drop does not mean anything in particular. It can be some old holder recently dumped their coins or some new young blood bought some coins at the market price. The overall reaction to bitcoin ETF gave it a bull push and lets see what happens after ETF declares its terms.

The market is now recovering, I expect the BTC price may be above $ 10000 and under $ 15,000, not to rise to the same moon as at the end of 2017, so many predicted they would go to the moon but I disagree

This sounds really reasonable and quite obvious for me, we need to understand that moon is the highest position from all the times, and when Ethereum, for example was $900 and not it goes to $800 it is definitely not the moon.

The recovery has to start with a small rise.   I do agree with you though after taking a large loss its annoying to hear fan boys start going wild for 1-2%.  It's prob the psychology of how the individual is made up and these mental gymnastics over 1% gains helps them get by.  Realists want to kill these people. 

Yes I agree on that moon is really different from recovering from the huge dip. Moon is really in a very high status of the price and it will maybe the best price. Maybe we can go to the moon but not today. I believe that bitcoin has really a big capability to go moon but maybe it takes a lot of time specially we are now at the down trend status which is good for buying more btc.

Most people are mistakingly know a little recovery as a moon when in fact, it is a recovery from a crash. As for me, I think people are just being to postive because they would really want the bull market or the moon to approach faster. Let's just also be hopeful about this as well.

Well, being optimistic in measures is not a bad thing but I agree that this is a recovery rather than a moon because the value of BTC is still not even around what's now. Anyway, that's my opinion only

This is a crypto market, here everything happens like this. If you want to be a part of this, then you need to learn how to deal with this irritation. It will always be like this. Ups and downs of prices are normal.  Experienced traders are earn on this. If you don't have enough patience for active trading, then just be a holder. Look sometimes at the price of your coins, if you like the price - sell. And if the price doesn't suit you, then keep your coins on. It seems to me that it's much calmer. I, too, lost money, if I translate everything into usd, but this doesn't affect me negatively. I just know that everything will be fine. I believe in crypto currency and bitcoin, so nothing annoys me.

Don't get irritated. Everyone is just trying to make their assumptions. Some people try to manipulate using this information. Many people who bought bitcoin for $ 20,000 now just crash. I am a member of several telegram groups where people talk about crypto currencies, crypto market and just when they want to talk to someone. Some of them entered the market buying bitcoin for $ 20,000, but they managed to find ways to earn money on the crypto market and now, even in the conditions of this market, they earn. They didn't succumb to anger, resentment and irritation, they just got a valuable lesson, made a conclusion and now earn. I also bought a ripple for $ 2.5 for $ 5000 and didn't sell it on time. And it didn't break me, I just found different ways to earn money, and ripple left in the hold.
So you don't get irritated, but just find a way to make money on the crypto market.

I dont think market is recovering at all. It is dropping more and going to touch 6k USD soon in my opinion. We can see some resistance near the current mark at 6.4k USD but the recent news of Bitocin ETF being pushed back or rumors that it will be cancelled made a lot of panic enter the market and a selling pressure.

It just their nature to short the coins for easy cash. I would not be surprised if the rise by a bull run while starting is actually stopped midway due to some over-enthusiastic panic seller young blood dumping all their coins into the sea.

that is what on my mind, green chart in market that already crash actually depends on it is last rate and no first rate we see. but some people think if it is good thing that happen with a coin.

Well for me, all sign of recovery is a good sign for a coin or market. That we can tell there are still support left,  though Whenever we experience such drastic decline or crash there will always people who pick up those dump, and make the most of it like swing trade. It's just a matter of how you play the game , a recovery is a profit so it's a good sign for me  :D

I never thought someone would say that  :D Because it's so funny, but don't bother about them. Their optimism will somehow help that coin come back. This market is based on the trust of investors.  ;)

Generally speaking,  people are tired of the idea of bitcoin mooning., we just want to see stability in the price of bitcoin and organic growth in valuation and price.  Recovery for me will be when we get back to bitcoin prices in December 2017

Well right now technically it isn't but last year or so. The recoveries was great if you were to witness those. The recoveries were crazy. I guess that the thing that is happening right now is just the fate of the market. So, let's just accept it :(.

The investors who have seen regular crashes from past months little growths are very good for them and they ate seeing it as sign of growth or recovery of their losses.Yes the growth of 1-2% is not high comparatively to 20-30% of downfall but if this pace continues then soon we will be in profits.So lets be hopeful for the prices to the moon soon.

We may expect hitting moon by end of this year but I want bitcoin prices to trade at least above $10k levels within this month itself. When bitcoin prices reaching some decent marks then it will start attracting new investors which is the only thing we all need right now. How many crashes, we experience, I do not care. I care only how quickly bitcoin recovers because that alone will make bitcoin further strong by enabling new people adopting bitcoins.

Still, it does seem like positivity is back in the peoples minds. That is literally more important than any other news that comes up. If people are hopeful the price follows in the end one way or another. If people are pessimistic and hopeless than the price goes down as well. People seems to think that this is the bottom and it will not go down any lower that would be significant (might drop couple hundred bucks but not that important). This means people will start buying more because they believe we are in the dip now.

Sites like coinmarketcap take care of the 24hour trading volume and so the green market there actually denoted the 24hour performance and not a long term analysis. If someone wants to trade a certain coin they should take into account the 52-week trading price and the all time high and all time low as well. Simply a green price does not mean a moon.

People are never satisfied with any level as mooning. The term has no end in particular as to when it is a moon and when its Mars.  ;D

Yes that is right, I think that there are people who are holding bitcoin from time when bitcoin price was trading above 19000$, still they are holding their bitcoin in hope that a time will come when bitcoin will hopefully reach back to its previous highest price.

They are just optimistic person and they always saying positive could help themselves to stay calm and relaxing. Anyways, we have different visions in our life and could be their way also. We were not be compromise others saying there is a huge pump after dumps cause all of they said is just a speculations only and guaranteed not.   

Well you just must have a lot of money to play around like that! I lost so many times in market crashes, and hodling, same with btc, and xrp, dash, mco, game and list goes on and on. And how can someone make profit when every single coin is down several X?! Try not to be a weak hand and end up dead!

and that fate really cannot be ascertained, only those who are optimistic will succeed about this and predict everything, and well.. there is no need to feel pessimistic or afraid of many things that happen in price movements. Because it does have a higher level of acceptance, I think it will indeed have a better/higher price after this.

And why not ? You expect that the recovery is also 20% to 30% ? Yes it is possible to happen but not always. I see nothing bad with it. Infact it is a really big important thing. 1% to 2% is still better than 1% to 2% dump. Combine or sum up the daily 1% to 2% daily recovery and 20% crash will get be recover sooner or later.

Yeah, you're definitely correct but somehow we can't control those users on their way of sell and buy since the value of bitcoin is so volatile. Also, I don't think it will easily recover since we experience tremendous downfall and many users loss their different shares. Well, I still believe it will recover soon in the future even though it takes time.

This is quite obvious but anyway there are many people who would think that we are finally recovering, when it is just a small up -ish minutes, that will be ended and just there are not worthy of paying attention.

Actually this is just some kind of a fighting spirit for those who believe that market will recover soon.
It's actually a small increase after the crash but as long as there is an increase, there is always a chance that it will fully recover.
All we want to see is just to break the all time high which we are expecting will happen this year.

But today you can see market on all altcoins is recovering good but still cannot say whether this recovery is for long time or it is a trap for traders to buy now and market goes back to selling mode.

You will surely get some recovery be it really low, it does not really matter.

Says who? There is always a chance of recovery to this and you will get it.

We understand that all they are saying is just only speculations and there is no assurance of happening. We cant put blame on them as they don't control  our investment and they are just doing the same thing like us. If you find it so irritating, then never listen to them and do of what you want.

Maybe their are just trying to spread positivity around. In my opinion that we hope always the better because being negative just also invite negative things. On chinese beliefs, believing on good things that will happen invites more good things and prosperity.

That is what most of the community sees and it's quite disappointing to see. Like if the ICO price is 1.5$ then it would drop to 0.08$ (Im not saying it's SRN) and after a spike like 10%, most of the members go insane and saying moon for about 100x which is not true, it's only a recovery, a recovery that is far far from it's original price. Please use your words better, it's not good that you always shill for 10% recovery

No matter how low the recovery is, it is still a recovery no matter what.

Make your own investment decisions and your future because money is yours and master it. Do not rely too much on the information that is going on throughout the business, social media ... because I believe that the information given is intended for it.

I like you belief's mate and believe me we all are trying to get some positivity in the bitcoin market. Trying to spread the word is difficult especially with shills everywhere claiming this to be the last dump of bitcoin so as to make people panic sell. I have heard that phrase probably a thousand times already in these few years of being associated with crypto as an investor and trader.

Every social media is full of shitcoin shills and they are so braindead that they never stop and put in their dedication in other parts of life. ;D

Thats optimistic but I can tell you that the bigger bull run is not now. It will take some time to occur. At this time just buy at lower prices and sell at higher prices after you identify what points are best to enter and exit.

It is definitely true to know that but also if you have lost 10% of your portfolio, it will take so much more than 10% of gain in order to recover. It is a simple math law that I have read somewhere here.

Yes, that cannot be called recovery, but every positive sign can be the beginning of recovery. We can understand that some of us lose their stars and expect the market to bounce back, but that doesn't matter. Needed to continue to hold the slogan.

I also think it's not, it's recovering a little and taking the downtrend as the previous times, I'm losing faith in this market.

All market is sliding down know. Big whales pressing on market before good news. Of course, its sad to see your funds falling and loosing price, but I believe in good future. Anyway there are some different sized market manipulations. We can only react.

We should look that way, in each small steps forward we should be glad that market are bringing light from our investment, we should be thankful and if we are working with daily trade we should not expect for more uptrend but to try gaining from this movements, but those who are working with long term goals it's still way far from the moon that we are expecting, a lots of twist will happen inside this market just prepare yourself and always find your edge to take some gains.

I think you're wrong. Crash recoveries are somewhat great and from crash, there goes a big pump. Just like what bitcoin did last time, last December apparently. It's a great recovery right? And bitcoin mooned, no doubt about it.

Well, I guess it's Moon for traders that make 2%  profits daily .   That would be a hugh profit for a serious investor. Two percent on a million dollars for example is huge profit. There are very few investments that can get you that kind of profits everyday

The market has its own pattern. Whether we like it or not. And it also goes Bearish after being Bullish. It's never easy to run a loss. But from a technical point of view, there is nothing wrong with 1-2% only.

Who do you think would be putting in 2mil dollars into something as volatile as crypto? Most people dont and exceptionally some big investor might come into the market but probably not at this point. Obviously if they do enter a low price with that much capital they would be booking huge profits when they exit. Keep in mind that when they do exit there would be a huge crash as well.

Saying that the market has a mind of its own would not be totally correct. It does depend on what the people are thinking but also it has become much resistant to news and FUD this year.

Pumps do not happen all of a sudden after a crash, we still always get to see some little bit of consolidation, a movement in the upward direction and then possible level of moons. A lot of people always believe that as long as the market starts correcting upward in the short term, the market is set to start a bull run but it never happens this way and they easily get frustrated.

Last December that you referred to was a bull year and a year with an uptrend higher highs and lows), it is the opposite we have this year and I would be very careful not mixing things up.

Waiting for moons is not the only one option. Overexciting of people give an opportunity to speculate on day/week price jumps. Everyone think that 2-4% per day isn't huge profit, but in summary it gives real money :) I use https://coinsharbor.com/ to see the increasing of my account.

I would want to stick with the over excitement part. The thing is that it is normal to see people get a little bit anxious after holding through the dips and once they see some upward movement in the market, they start anticipating for moon-ish behaviors in the market. Things do not work this way and it would take some time to see the market get up pretty fast.
Nevertheless, an uptrend can start from what could be perceived as a correction, but at least, it makes sense to allow it form first before even calling moon.

I think the cause why people always thought recoveries price will continue is because they expect and compare between situations last year so they will always be linked recoveries market with the process bitcoin reach the highest price but i have to says with the current market movement i think difficult to repeat it at least for near future

Please dont promote sites like this. What you may like for yourself might be suitable for others. Also people tend to look into short term gains as far as retail investors are concerned and those who tend to panic on losses would just cash out their money once a small gain happened. This is one way of trading, so saying its good or bad because that is a personal choice.

It is possible that last year's price gets repeated but we must also remember that the pump is over estimated this year and there might be premature dump in this enthusiasm.

You should be always expecting drastic changes because the market is volatile so the prices will be always depending on the supply and demand which reflects into the value of the bitcoins or altcoins.

People trying a find any confirmation that the market will grow. They every day looking a news, sometimes happy, sometimes crying. For beginners, look on attention this people not good idea.

it is better than the price keeps going down and out of control, due to the fact that the cryptocurrency market has lost its value of around 500,000,000 USD.

we should be grateful for all that because there is a price increase.

It loss value from it's all time high and the figure you write is just very small because we are talking of billion dollars here.
The market will go down but it will not collapse because people will still buy once they hear a good news, and when the bull run comes, everything will be back to its ATH and even rise more than that.

So you mean that 1% - 2% of recovery are worthless? Just to be clear, even how small the recoveries are, it was still an improvement after all and you cannot discount it. I think you're just become exaggerated to that one ;D.

Nonetheless, I do agree with your title. Small ups cannot be considered a major sign of a "skyrocket". Crypto is naturally volatile, remember? Meaning, it's normal to experience ups and downs in this field everyday. All of us should get used to it and treat this kind of situations as "nothing special".

But then again, there's also nothing wrong if you will get a little bit hype and be hopeful every time it happens because that's a natural response of an investor. Just always keep in mind, remain calm and expect less because the more you expect the more it hurts.

It standard human emotion to be hopeful and hope that the market is going to rise. People have sell orders ready to be executed and they are tired of having them stuck for days and speculating the returns. Patience is important here because the rise of bitcoin price is currently not having any impetus while the FUD keep on growing day by day.

If you look into the reddit channels you will see the idiot shills promoting their shitcoins like their lives depend on it. Maybe they do because they were brainwashed into investing in that coin and now its going nowhere. Even then continue to hold bitcoin because its the one which is going to moon in future and like I always say bitcoin is a long term investment.

All predictions and negative news will be drowned in the green of the market. I think that market ups and downs are necessary, which I have always believed!

It depends when you bought in. Sure, if you bought Bitcoin at $19,000 and then you see it increase from $6500 to $7500 in a week that is just a small recovery to you. However, for those (lucky bastards) who bought in at $6500, then saw their investment gain $1000 so easily, then I would definitely consider that a spike (but certainly not a moon still).

think more calmly, when whale tries to push the market to fall, what exactly do they want? of course they want to buy lots of coins they are looking for, the rest they will definitely make the market rise because they also need to sell, that's when we will also sell.

Get used to it

Whales are already part of market trades

Learning how to play with them will also earn some decent profits, will also Rekt you when off guard

for scalpers, just play it safe buddies, cutloss is a must

Currently I am actively buying into and selling out to get profit, I am not in expectation of this market will grow sharply until the moon. I'm just focusing on the profits I'm earning.

I think that the problem is that people expect too much of trading and market in general.
Of course, if you are playing with big amounts than you want big profit too but there are many who are not big and professional traders so they are satisfied with smaller earnings too. Not everyone has the same profit apetite and smaller earnings don't have to be considered as a failure.
Not everyone is aiming to the moon and stars, some traders have more realistic goals and are going slowly to them.

Oh yes, while we are discussing now the situation around Bitcoin and the altcoins which are in top-20, some of the investors, who chose the penny alts are counting their great returns. Everything depends on the picked crypto as well.

Yes right. We do not know exactly what are the reasons behind this changeable market price. Everybody is expecting a price increase for a long time now but when it started to go up, all of a sudden the market price starts to drop again and this makes us more frustrating. This is correct that crash recoveries are not going to the moon.

Actually, I prefer to follow the market rules. When I see that the cryptos are down, I continue to hold the altcoins and Bitcoins. When the cryptos are going to the Moon, I sell them.

Every price drop this year is very fast, and the duration is very long, but each time the rise is always very slow, and the magnitude is very small, which makes me feel depressed!

Yes, 1-2% is good enough to restore the market, first of all you need to count on long-term or at least medium-term periods.

Right now the market is in bearish mode so price drop will be in high percentage compared to price rising, so 1 or 2% rise in market means you should be prepared for the next 5 to 10% drop in price.

At present no coin can go to the moon while the market is falling sharply today, but if we expect and hold for a long time then there will be a possibility that the market will soar. Last year

This time everyone is looking for good signs to keep belief in cryptocurrencies, but in my opinion, this time market is without any direction or signs, it is just waiting for a new trend.

;D It is not like it is still not something tangible but we also have to understand that the way people always shot the moons and stars once they start seeing just some little movement in price can actually be a little bit funny.

It might even be a bit higher than 1% but one way or the other, the same way we have corrections when market is in an uptrend, is also the same way we always tend to have corrections when market is in a downtrend which most people are always so optimistic with the moon calling thing.

After a 20% fall, a series of 1% gain is a good sign for the market. The more stable the price is the better is its recovery. Sharp turns are only sign of a very volatile market, and this is a distinct characteristics of cryptocurrency.

This is certainly true, but I would like to remind you that for those investors who have invested in bottom-line, these rises may also be considered as a new peak. Of course, in general terms, and throughout the entire history, if you need to examine the rise of the present day is not much benefit, and every rise is only one price regulation is not to forget. Nevertheless, as I have pointed out in the previous passage, if I approach it individually, these correction or peak points will differ completely from the user to the user. But there is also a fact that when every ascension period comes, people are making bullshit analysis charts showing the new peak points at the end of the bull period. Unfortunately, we can see the most well-known types we have encountered everywhere in this sector.

if we now look at the indicators of a coinmarket, then it seems to me that there are no circumstances to assess positively the state of the market today. - 3,5% drop in the etherium,

Yes, this means that there will be a change in the recovery after the market falls, so this is a good sign that it will increase periodically, hopefully it will continue to increase and continue to grow, and this will be a good start for the market price.

I think that with the help of the current state of the crypto-currency market, many users will cease to be cosmonauts. The fact is that in recent times, predictions and expectations on lots for the moon of all prices for crypto-currency were very often sounded. But I had to cool my desires and dreams.

There are really no crashes recently, these are just price movements that are reasonable , I mean $20k to $6k was a crash, $7k to $6k is just fluctuations.

If you think going %10 is not moon than you are right but no one is talking about how we mooned when it goes up 10% in price, they talk about how we are on the path to moon which is true because in the end one day the price will go from $6k to $7k but than move past that and reach insane levels, it can't reach to anything above without first hitting $7k, which means people are considering "its time" every single time it happens.

They are wrong so far but one day they will eventually be right.

Honestly you can't blame those people, they just want to have something to look forward to and will motivates them that sooner they'll taste the moon. Yes it's funny somehow, but you know they're thirsty for something that they long and this optimism will lead the market to be more trusted.

Let people believe on it and let the market decide.

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That's a good point like what matters most in the end of the day is you profited enough and mooning will just be a bonus.

You are right , but this market of cryptocurrency is facing lots of dump and it is full of the panic and new newbies people , and here a small negative materials into a big panic in the mind of the early adopters of cryptocurrency that why a small increase in the market order cryptocurrency many people who are doing the support for the increase of the market busy only to create a positivity for every moment that is going toward with the positive thinking so that they can increase the market of cryptocurrency easily .
As we can see that there are many big whales who are manipulating the cryptocurrency market in that direction in which they want so they create Fuds and negative news for cryptocurrency To dump market and take the advantage of the panic sellers .
So here it is more better for us to have positivity with every a small good things to happen is to get into negativity because negativity only will force the people to sell their Assets and to comes out from this field and that will not better for the future of cryptocurrency market here we need to remain always definite and stable over the Holdings that we are holding since long time with the hope that we can make profit .
Here in this field keeping Patience is a key of success , so always remain positive gives us better patients .

"crash recover are actually no moon" but that is how most of us think it is. Some people see bitcoin moving from $7000 to $6000 and back to $10,000 as moon but that is not the reality and we should understand this in other not to miss leading the newbies in our here.

Believing or not it wont really change anything and let those people believe on what they have saw as long we do know on how the price do go ups and down and you do able to utilize it to make money then it should be considered fine. 2%-3% recovery is a better thing rather than seeing the price going to hell. We might drop from ATH but if we do see for long term then these things wont really bother you up too much.
Price can crash anytime but there would be always a guaranteed recovery but theres no exact point on when.

After a big crash these up and down in market are normal. It is a part of the market. I think we should not think about it and should invest for hold.

Exactly! Even though I want to tell people to continue to hold but we cannot force them as there are different reasons and that is maybe they need financial too and market causing them stress, that is why if you are not a risk taker it is not advisable for you to be to hold coins.

It is up to their opinion, obviously I am still waiting for the actual changes that will occur at any time, because in the current market for recovery 1 or 2% I consider it not for the sign that it will start towards the month, because even a minute of decline will happen. So relax for a moment with this bearish market

It seems that there are a lot of traders who are happy to see small price recoveries on the crypto-currencies trading market, but they should realize that bitcoin is still down more than 50% from its all time high value, and I believe the price of bitcoin would need to rise above $10,000 USD per bitcoin for a chance on the bull run to start again.

Obviously, yes! recoveries can never be a sign of rally or moon. You can call a bull market whenever lots of coin surpasses there all time high and rallies upto x1+ to there value. Recoveries can be a sign but it needs good return to be considered as mooning.

that is what people call the lower greens. You get 1/2 % and you think we're bullish which is bad. Anyway looking at where the ATH is and where we are now, we really have a long journey to embark on. Nevertheless the odds are getting high for a bullish trend sometime later maybe not just now.

Yes i also believe that to the moon is different from recovery. If the price recover and it will rise soon maybe that is not called moon, it will be called recovery from the huge dip. The bitcoin or maybe the crypto will soon rise we just need to keep holding on to get a huge profit on it.

I agree these recoveries are barely true recoveries as by looking at the trend it seems that they are always falling short than any of the previous recoveries.

If there is no up and down, then I do not see any market. It is more like a value auction market and the way it is fashioned is to see people bidding based on how the perceive the price at certain point in time which is what brings about the demand and supply in the market. Negative news as well as positive news will always be part of the market, but the thing amusing is that once we start seeing a little uptrend; a lot of new investors just start calling moon immediately.

In a range bound markets, both bulls and bears are being trapped like this usually. Even staying away from the market is recommended, professional traders also sometimes get trapped by these recoveries due to the fake assumption of bottom is already reached. Waiting till new ATH may be a good thing for those who hate to risk much.

Actualy since from the start of this year,theres no a good sign happen in the exchange market,everythings still want to recover this bloodish market situation,therefore those saying that market 1 or 2% daily recoveries happen is a good sign are not true,because all of us still in struggle and want to recover our losses.

There is no correction limit that is seen related to price rally, the fluctuations that occur have not found a strong foundation and there are still many traders who are trapped in the market panic. I think this is indeed complicated, but in reality there is no reactive support point for significant improvement, we must be more patient.

More than 8 month i waiting for next bull market but untill now the market keep down and there not any sign for bullish trend will coming. By to see historical price of Bitcoin, the longest distance  between bull market is 2 years , so if bull market not start this year can be next year will be start for it. Just keep patient wait for that thing to make huge profit and to recover loss.

I can understand you but no matter what, there is a little excitement it brings for whoever that bought at that level, whatever adds 5% - 10% to your trade capital is moon, Noobs do not know the difference, You can better say a Bull run for pure moon as you may tag it

Well it makes them feel a little better probably seeing a slight recovery as bull runs so i think we'll just have to let them be. Those of us who've been in this market fir quite some time now know that the last bull run last december last year.

A market that changes over time is just basically dependable on the supply and demand level of the market. We all know the law of demand and supply, so I do not need to be stating what is obvious already.

The market does not have any news that is capable enough to drive in a huge demand, the market is also highly speculative in nature and the real life usage is not even intact yet, so all these things calls for the reason why the supply keeps increasing irrespective of there being a manipulation or not. If the market demand is obviously intact, as people are dumping, some are quickly buying and whoever is stronger in the market wins.

It's a big YES for me that crash recoveries are not going to the moon. We haven't even crossed the $8000 mark yet for quite some time. Though lately, it started to move slowly from $6K+ to $7300 then it stops there and after a few days it drops down again to $6300. So I don't think a bull run can be experienced this year.

Many predicted that the past 2017 will repeat and by the end of 2018 the price of coins will go to the moon, but I do not believe that this recovery is the same in 2017 but a slight recovery.

Indeed, I also think the same, I also agree that crash recoveries are not going to the moon, since it can only reach $7,000 then fall like an elevator. It's a bit hard to predict when will the bull run start, I still believe that the price will rise, but I don't think that it will be the same as what happened back in 2017.

Definitely. A 2% increase in value can't and would never equate to a 20% crash of prices. It's just that people get excited when it seems like there's a U-turn. The market is very critical now so a touch of green lightens up emotions a bit. If I remember correctly, Bitcoin did cross $8K mark in the last 3 months. Another thing is, If the value goes up like 2% daily for a couple of days, It'll make a huge difference.

It's really disappointing to us but it doesn't lift my trust and confidence in crypto market.  May we could huge dumps today but sure it will rich again and make rewards to those people that are perfectly keeping on waiting.

The market can recover depending on the demand and we cannot do anything to make it grow faster so be patient on waiting for the price to pump up again.

Do not be too confident in the news that is not necessarily the truth, and I think this recovery does not mean that it will become a bull market, this is still in price manipulation and the decline is happening again, so I think just enjoy it while in a market like this and keep waiting because now there are still no signs of price to go to the moon

You share my view too. Where I once thought to be the "dip" has gone further to be "dipper" and before I could say jack, it's now "dippest". Coins have been exhibiting abnormal behaviour this day and only a full recovery that is major pump can revive lost hope.

The market is based on supply and demand so obviously you will not determine if the market is going to pump up just like what happen before and you really need to be patient to earn profit.

This is more like you buying when everyone is selling and then selling when everyone is buying. It is a simple trick that works most of the time when it comes to buying the FUD and selling the FOMO. Market will always have a change in trend, no matter what and as much as it goes up, it will definitely get stretched to a point that reversal will be necessary.

If people do not understand this by now, they will keep fuelling themselves with reasons to be getting worried unnecessarily and calling moon even when the market is just trying to go through an upward correction.

Now we have 20% rise back in market. Alts are finally stop bleeding and actually are green for days. Its not moon but we are at least back on the course to it!

Yes, I like how they regard it as a good sign. That means they are still optimistic about the cryptocurrancy market but we must remember that many of us will be patient and will win in the end.

It is to be expected that in these times of uncertainty and hopelessness, people are permanently waiting for any sign, however minimal, to grasp it as a lifeline. The downside of this trend is that people tend to lose market perspective from a broader point of view; if all those who preach that "the market is about to moon again" give themselves the opportunity to observe the historical behavior of bitcoin, they will discover that the big pumps are isolated events that have only happened a few times, so they would think about it twice before trumpeting their overconfidence.

Even though the rate of increase is big or small, for it is still a good thing. It is still better than seeing a multiple crash. The 2% daily recovery is 60% recovery after 30 days. Not bad right ? Things like for example recovery is not always that instant. "Step by Step" . The important thing is that it rising not falling.

I also think like you the current price is too low and not attract many investors. This in my opinion probably needs more time. And our expectations are likely to exceed $ 6,299. And when will this sign of return be better this year?

Vice versa. Many investors now are attracted exactly by the low prices of the cryptocurrencies. They are eager to buy altcoins and Bitcoins when they are rather cheap. They know, it will give them good money soon.

no, of course, the trend is always caught not immediately, but at the time of the trend formation and growth of about 10%. so do not try to catch the trend, it's unrealistic

Yeah, you are right. People are just being crazy to see a pumping price. After 50% crashing, if the crypto market gets a little up, they start making posts that is it the sign of the bull market?  ;D This thing happened several times in every month! The reality is different, The crypto bull market is not too easy, it's like a result of pursuit.

I've been using trend line as a reference, but news is taken into account. without a trend line I can't determine support or resistance. and this means i still believe in trend to determine attitude

For price recovery, time is needed according to market conditions. When the market goes well, prices will rise soon, but when the market response is negative the prices will stagnate or tend to decline. But this is something normal in business, because prices are determined by the mechanism of buying and selling, namely the supply and demand by market participants.

We can recover loss 20% or more when the market sideaway or low volatility by doing day trading and take profit each 5% to 10% for every trade. There are no any signal the crypto market will back to bull run and its seems will start late. So we have to do day trading by take smaller profit and use stop loss. In this situation of market possible to make more than 30% amonth, so we have to more focus in day trading.