Bitcoin Forum

Hello everyone, im sure we are happy with the latest happening today
suddenly a surge on crypto going up just makes us smile all day
are we seeing the rebound or its just temporary, my view is 50/50
im not pretty sure what happen, because what i heard is all but negative
but sudden upward trend happen last night when i thought im going to lose
a lot it just came up and makes me regret for not buying other coins
what are your views are we seeing this trend for a month or this is just
a pump? feel free to share your views lets help each other

Looks like another normal fluctuated day we have been witnessing since couple of months. You cant predict if it will long last just because its pumping today.

To see the market recover without any major announcement is a good sign and I don't see this as a pump.
I think a natural growth is more sustainable than a big news inspired one. Investors confidence is more likely the reason.

If you are a trader. Its not a pump. It's squeezing falling wedge and double bottom at 5700. This bounce is expected (not reversal). You get my point if you are a trader.

I think it's still going down.
Because there's no new money coming into the market, that's the most important thing.

I think this is good news for the crypto community. because actually no one can predict with certainty whether the market conditions will last long or only briefly. but this is a great opportunity to sell the coins you've been holding.

How would you define a "pump" then, other than a huge increase in price?  That's what's happened today, and I don't think there has been any news that would account for it.  Not that I'm complaining, because I'm not.  I'm happy to see bitcoin at $6300 and moving up.  But I think this is just speculators getting back into the market after taking their profits off the table, which is normal behavior in any market.  It remains to be seen whether this is "natural growth" as you say.

If we observed the movement, then we will understand that it is not a pump but a natural reactions when dumped happen, more newbies and believers
bought those cheap coins and take the advantage, knowing that it is a good chance to have small gains, better to be well prepared when that so called
dumped again followed and repeat the scenario.

I also do not see this as a pump, I see this temporary spike due to the positive reviews and good response from investors, so the value of altcoin becomes strong, although only briefly is a very positive thing for some people.

I guess we better keep our bulls in the control! This could be just another sloppy pump with someone pouring lot of money, I guess a whale for sure.
This kind of up surge is been there lot of times so I am not that excited about it as you might be. We should wait for the data, need to see how much upward trend it follows? A bull market sign will appear if the spikes are above 15-20% slot. This is because a bull is always recognised with that much spike. So this could be just another good weekend, a time to grab little % profits and reinvest what we have earned back into the bitcoin or preferred coin. :D

My guess is that it is just a temporary spike in the market. There's some news that $100M worth of tethers were printed; this might be the effect of that. I been in this space for too long but I know that no one can predict the market and only the news can sway the market.

I think so its not just a little pump. We are in good weekend :) all crypto moneys will raise, we see green days and maybe this time bitcoin can reach 7000 dollars :)
I hope we see more green days!

Theoretically, the current surge is both just a pump and also a good weekend. I believe that this is just a pump since nothing solid supports this surge. Without a solid foundation and support could latter cause a collapse in the price. Although this is just a pump, this is a good opportunity for day traders to gain so much. Thus I consider this as a good weekend also.

Finally some green action. I hope that this is not just a pump and we stay above the 6200 - 6300$ level for BTC. If that is the case, we probably will see more green starting from monday.

Too early to say if we are out of the woods yet; however, good to see some green this weekend. July will be the month where we will be able to gauge if this will be an extended bear market or not.

there are some news that bitcoin developers meetup and there are some speculations
about bitcoincash , although its just news or rumors roaming around, they need
to have a good outcome regarding the lightning networks, which i hear like a year a go
but still 1% chance of success i dont know , when it will be implement
but that will be a great boost

I think so. If it can go back to 8k, then the trend is confirmed. Otherwise, I will stay sceptical about this trend. It may be just a bull trap.

It seems to me just another temporary pump. But I expect that it should be going up for very long so that we can finally break the current bearish trend.

Current market is flooded with the negativity and FUD news all over. This needs to be changed immediately so that this little up surge can be maintained for pretty long enough to achieve the bull run.  :)

I am expecting this pump is all because of positive news flying around in some country and is yet to reach to us. Once it does get hyped a lot then we might just see another pump coming along the way as more and more people stat pouring money into it.

A slight increase in the market is a temporary phenomenon, in my opinion the situation is very similar to the events of 2008 with the fall of the real estate market, just someone really wants to save their money and this requires large investments, the bubble begins to deflate and it is necessary to support it.

I think with the rise of coin prices that rise can be a new hope for investment that we do. indeed no one can predict exactly what is going on in the crypto market, whether it will last long or only briefly. but this could be a good opportunity to sell the stolen coins on the stock market.

coming from several weeks of decline, i think it's normal to have some weekend pump.  it's abnormal if the price keeps going down straight for months.  a little uptrend is needed to make the market normal.

this is another correction before another fall. On whales' place, I would have collected longs below the current rate.

P.S. I don't believe in this nonsense. But a month ago I had a dream that growth will begin on July 2. Let's see who I am.

I agree. This seems like a bull trap and I would be surprised if it wasn't and if it ends up being the rally that everyone have been waiting for since a long time in the cryptocurrency market. 2018 has been unfavorable for cryptocurrencies so far unlike last year, but the second half of this year could paint a completely different picture which is why I am patiently HODLING all my coins and tokens in my portfolio at the moment since I am not worried about these short term fluctuations. Long term HODLING seems to be the better strategy in this aspect.

Could be a bull trap, it's really easy to just say that the negative trend has been ended and from now and on we are going higher, but I think that it is too early to know.
If the trend continues we may enter new support levels, it seems like the recent uptrends happened without a real reason, and when something happens without a real reason it usually won't stay in it's level for long.

As a longer term investor I don't really mind about short-term trends but I do think that if I were a short-term investor it could be a good opportunity to sell, so I can buy back lower.

I think it could be a pump and could be a good week because I see if the market price of crypto slightly rose and re-green then I can not predict in the weekend will be good or not because nowadays many people are waiting for market prices and altcoin can back and so hopefully it can be better and can be profitable

BTC is not falling below $5700 and this is third time BTC dip below $6000 so there is strong support level... as I expect rise from here.

of course, do not know for sure because of this place. hope this is not just a pump only it for sure. But if viewed from several previous increases then this is alarming many of the pumps and may be worse than ever. However, expect only the best.

Pumping week ,a good weekend indeed!Many people wants the bitcoin to rise again that includes me.The fighting of bear and bull!And bull wins.

I can't conclude this includes a good weekend or just a pump. We need to see after this week. If in the next 2-3 days BTC is not lower than 6000$, ready to 6600$ and 7000$.

If you see fluctuations or ups and downs of Bitcoin prices are quite extreme.
If you are currently observing the Bitcoin price, then you will be amazed by the rising and falling prices of Bitcoin (fluctuations). In fact you might also wonder whether the company (like Luno) that determines the price of Bitcoin?
In principle, the price of Bitcoin is the same as the orange price setting. There should be an agreement between the bid price (the price of the people who sell Bitcoin) and the demand price (the person who buys Bitcoin).
The difference, Bitcoin and digital currencies are homogeneous. This means one Bitcoin is identical to the other Bitcoin.

We don't really if it will continue to rise up or it will fall down. And this is a good thing because there is a possibility that it will continue to rise up. But there is still a chance that it will fall. Better believe that by the end of the year it will increase its value. Better prepare for worst.

Many analysts claim that the bearish trend in the market will be for a long time, but most tokens are traded at a price much lower than the original one. People's trust in the crypto market will not be easy to return.

There is no news around the upward movement, but the green candles are putting a smile on my face.
My advice is that you fix your eyes on the signal.. No one knows when the bears are coming.

I think the current market condition is not due to the pump, the small bounce is a natural thing when the bear has long dominated the market but, I still doubt this trend will last for a month at least I need to see market conditions the next few days to ensure this trend

It looks like the market is starting to recover because we know some coins are starting to show its development like eos and trx, Ethereum are improving too. Also facebook lifted a ban on ads associated with crypto so I can conclude maybe this is a good weekend. Sorry for my bad english and thanks!

I'm quite surprise with the sudden pump as there's someone bought large volume though resistance is very low that's why it increase. Though we can't trust this and either it will continue to increase or not so better to watch out those movements. Silly to think, Q3 is coming tho.

I think that it is a common occurence to the market. A simple price fluctuation. I am all positive about this one, and of course I hope that it will continue up until next month. However, we should still be cautious when buying coins. Not to get too swayed by emotions and spending your money all out in crypto. We should still be careful that it might drop anytime soon.

I expected Bitcoin to go down to like $5500 but $5800 works just fine. My target now is around $7500. My long triggered @ $6100

Just a good weekend in my opinion, we've seen this many times in the last 6 months. Hopefully it's more but I doubt it.

We have not been able to see the pump so long time. I think it will not be enough for just the weekend.

It's actually pretty weird. because the weekend is usually the price has dropped slightly because of lower trading volumes. We see the opposite. I hope it's a global spread.

it is none of them. what you see here is just a dead cat bounce and nothing more. what happened is that after all these days of altcoin dumping the market is taking a breath.

in fact the whales always let the market take a break and then they let the newbies start placing their buy orders so that the order books are populated enough.
then they will dump into that fuller order book and make a bigger profit.

I think this is not just a pump, but this is the beginning of the bitcoin and other rises,
I'm sure july will be beautiful :)

With the pump, only bitter, salty and haters of bitcoin or crypto's aren't happy today.

Negative? don't listen to negative speculations and at this moment, no one can clearly tell you if this is temporal or not.

How's your gain today? how many percent?

Don't regret every single move that you are doing in this market, it will make you stay and can't move on. Just learn from that scenario and do it on the next days if you see same pattern.

A pump or not, I'm sure that we will get out of this bear soon.

What could be a better reason than that most investors see price below the $6000 price level as good buy? As a result of that volume of trade spiked up and market capitalization was up by over $26M within 24 hours. Even if a formidable support is not in place yet, the market just made a statement that they're on standby, keenly looking to mop up excess supply from the market. So it's indeed a good weekend!

Sad truth. It could just be a pump then dump and dump. But I hope not. I am believing that for the next couple of months there will be a very green market condition, full of pumps.

I personally see if as a bit of positivity after BTC succeeded in holding the 6K level multiple times. Some investors see that as a bullish sign and were ready to make a purchase. Its anybodies guess as to whether it will continue though as weekends are usually slow in crypto world and we will see what happens as we move into the week. One positive point is that end of the month is pay weekend for a lot of people, so there may be a bit extra fiat entering the market over the next week if everything plays out to plan.

It's a pretty weird thing that you have noticed but I am hoping this could mean that the market is slowly getting better and greener. Who knows, we might experience a very good market by the end of July.

Well, whether its a dump or not it is still a good sign that the price is moving and there is nothing we can do but be thankful about it and keep the enthusiastic mindset that in the coming days we can reap the fruit of our hardwork.

We are in the 3rd quarter and base on previous years market history, it might be the bull run season for crypto. And as what we saw right now, mostly all coins are on started to go higher. But we shall never expect more as we are in volatility market, every time might have changes either ups or downs.

Yes, it's a good weekend at least btc was able to make a slight pump where every investors are longing for this scenario. However, I believe that there is still more to go on the next pump and I hope it will be a full bullish run that most of the people are waiting for. Let us continue to hold more and will have to wait on the right time as this will be coming soon.

Although it is impossible to predict the further movement of the cryptocurrency market 100%, I'm not afraid to assume that this is just a small price jump, after which we will have a continued consolidation.

100% is impossible to say. But as some people think with a legendary rank - this is very similar to the reversal of the trend. Their predictions of some of the coins were true))) It remains only to stare their balls of coins and hope that it is really so

well almost everything went up during the last two days if i am not wrong
btc went from $5700 to more than $6400 and that was pretty awesome

The pump is not just sudden
The news has been positive for over a week and I think it took to long for the positivity to reflect in the prices of the altcoins
And that is probably due to the whales

Still we can only enjoy the good tides because we endured the poor ones