Bitcoin Forum

No one knows but Capitalization of Bitcoin at the moment is extremely high. Bitcoin has undergone 10 crashes in 15 months and price is still $ 7400 as of now and getting more stable with increasing merchant adoption and technology development. A bubble can inflate even more, but in any case, rather, it will collapse in price than it will grow. What could be the reason for this sudden crypto market pumping?

While most of the cryptocurrencies are much below their earlier highs but there are newer and newer predictions coming up for cryptocurrencies. One such expectation is that Bitcoin can ascend to as high as $ 50,000 in the date-book year 2018.

$9200?
When did you write this post?
February?

As per my knowledge BTC did undergo a pump but price is just above $7400 at this moment. Price has been heavily manipulated by bots and whales and this growth isn't organic that it can hold tight. Another dump is waiting down the lane. But BTC is indeed making a recovery and is expected to go a bullish path with occasional correction periods.

The price is at $7457 as of now in preev.com,so why you are saying the price is at $9200?

But it is good to see some continuous growth in the price of bitcoin,it almost reached 18% price growth in two days hope to increase further in the coming weeks.Lets soread positive news about crypto currencies to increase the rate of recovery speed.

He is probably just spamming, but at least if you are going to spam, how hard is it to look up the current bitcoin price.

Or maybe he is Canadian and is looking up the price in Canadian funds or Aussie funds.

I also don't agree with the 10 crashes in 15 months. There is a difference between a crash and a pullback. You are forgetting that it went from $1000 to $20000 in less than a year, a pullback was basically inevitable.

Everyone knows that bitcoin has the highest market cap in the cryptoverse.
Can't count all of those crashes but bitcoin isn't $9,200. As of today it's $7,400 and I guess it's starting to have a small dump already.
It will only collapse if everyone will sell during the high and there's no need to worry about it, we've seen it before not only this December-January (2017-2018).
Everyone's speculation is BlackRock.

Great to see the market in green but not sure how long it will remain the same, the price is currently testing the resistance and an upside break could set off a longer-term rally.

It was never sick, the market was either an upward trend or either in the downward trend, everything is so uncertain that you can't predict what will happen next.

This is good news for every investors because yesterday unexpectedly it will going to big jump so many investors are celebrate this moment and some peoples are it will gradually move to forward on this month. But I thought this green market is not stable one so some hype will be possible.

Yeah, after the last fall, I thought it will go below $6k again but then we are here at $7500 now. It's great to see the market in green but of course this isn't continues run. Time will come, maybe next day, week, or month. Price will go down again but nothing to be afraid of because it's pretty normal since traders are taking profit of course.

That's right. The prices will keep on fluctuating. However, recent developments have blown that prediction out of the water, and optimists are hoping that Bitcoin will break through the $100,000 barrier within the next few months. In fact, some people, including CNBC’s Jim Cramer, are predicting that Bitcoin will go as far as shatter the million dollar threshold one day.

True mate! Bitcoin emerged in the financial marketplace seven years ago as an ideal alternative to the control and uncertainty of centralized economies. Daily transactions exceed 200,000. No wonder various people around the world make bitcoin investments as a hedge against the devaluation of their local currencies. August 1, 2017, witnessed a hard-fork that saw miners split over the ideals governing Bitcoin and as such, a spin-off that resulted was Bitcoin Cash. At that time, the question on many people's mind was whether this altcoin was ideal for the market. They also speculated whether or not it would be able to compete and sustain itself through the volatile crypto environment.

Hopefully these signs will continue to have progress, since bull run was expected in the next months to go. That's good for the spreading news to be positively gaining good feedback from people who've been interested for the current changes that bitcoin has been showing to us. The crypto markets potential increasing value will also be affected with this great opportunity for bitcoin's faster price development. It will also bring sudden changes on altcoins to gain much bigger value on their price in the current exchange value.

Yeah
The turn is kinda a huge turn as it just reverse the bearish trend. (Although not a full turn of bearish to bullish, but it breaks and show confidence of bulls pulling back)

I would say the green bar today are likely related because of the recent news
-SBI Group launched their crypto exchange (World first bank launched Crypto Exchange)
-Blackrock investigating into crypto, but their CEO mention they show 0 interest on investing into it
-Goldman Sach appointed new CEO, and this guy is kinda keen and showing interest in Bitcoin

A $1200 increase in a day is absolutely something to be amazed. I don't even expect bitcoin to be in such a state given the weeks of massive pressure from the bears, and just on Monday we saw yet another sluggish day as bitcoin walks back @ $6100 which got me into thinking that the bears will test sub-$6k again. This, I think, is a much needed boost which will absolutely regain the confidence of traders and try to make a push. All recent news sprouting are somewhat positive and coinciding with bitcoin prices turn of events. I just hope that it can maintain the said strength it has right now to take us to higher highs and consolidate at that.

This has happened to bitcoin market before, just an hour the bitcoin price went up to $1000. That's right, bitcoin market always makes us confused, pump a sudden, then go back down. If bitcoin markets only rely on information in every price increase, maybe today bitcoin will have a high price. Every day I always see nice things coming to bitcoin and cryptocurrency but that does not make the price change and get out of the bearish market.

Kinda hard to explain what's behind these massive spikes in the price. Maybe info about the possible approval of the ETF was leaked (not to the general public, obviously) which is why the bulls have started making their moves (?). Either that or the whales are simply trying to trigger a new wave of FOMO. All in all, it seems like market sentiment is changing (bearish to bullish) which is great.

Bitcoin is back again. Bitcoin increases in value and became $7k plus this day. The sudden increase of bitcoin is like saying im done resting. Now bitcoin stops dropping and it is ready now to run as far as it can.

It is really green alright! And by the following increase in the price there might be a sudden pull back again but this is a good signal for people thinking that it will continue in just crashing down, And I don't see any potential of Bull Run for now it is still too early to say that the price is green because we are now in the Bull market, It might become another dead cat bounce for speculators buying in order to cover their positions.

I mean to me it's looking like that, at least for now, the bear market has ended. I think this bear cycle was going to be like the 2014 bear market but this one would be much quicker. I think in the coming days we will soar past $8k and maybe get back up to $10k... If this happens, then $25k at the end of this year is going to seem much more likely.

The market seems to be healthy once again as graphs line are turning to green but it might not be right pump but only a pump and dump situation created by whales to get profits.So we have to wait for some time to clearly get the idea of true position. The prices are above $7200 at current so hope its grow fast and we get our expected returns.

There are still many traders is selling their holding with the current price but since the bull market start well the price will be stable around $7k and I think this is a start to see the $10k value again.
The market cap was increasing higher in few hours I was checking the movement just few hours ago and the movement is instant so I think there is a big investors who buy huge amount of bitcoin that is why the price increases.

I hope red days came to the end. Market is really crazy now and green candles still growing.
I hope this will continue until the year and we will hit over 30k for bitcoin and over 2k for ethereum.

it's nice to see a green market like this. well, if this keeps happening. I am also tired of seeing the prices continue to be red, and I also hope that it too soon ends. well, but, for now the bitcoin price keeps increasing, I hope the price keeps getting higher.

Wait? 10 crashes in 15 months and the price is still $7400 it got crash down to 5900 and fewer that's not the bottom and it did not get stabilized to that point of the price it may still go down to the fact that we are talking about cryptocurrency where anything can happen in a day or less, good thing it goes up these days and we are hoping that it will be back to 10k someday.

this is an opportunity to sell some of the bitcoin we have. perhaps for those who have had bitcoin since the price is below the $ 6500 price will earn considerable profits at this time. hoping the price could be $ 8k.

There are two main reasons, in my opinion.

Firstly, the $6k support held up well despite the bearish sentiments, which prompted this rebound in the markets. I don't think that this will be the absolute bottom of this bear market, however, because there is no momentum right now to say that we're heading into completely bullish territory.

Secondly, Blackrock seems to be interested in entering the bitcoin sphere. I really doubt that it's going to have a long lasting effect on the crypto market, but the market certainly responded strongly to it.

To me, I think that this is most likely just going to be a short term rebound instead of a major trend reversal. The bear market doesn't seem to be over yet. Though, I'd definitely suggest for investors with spare funds to start buying on a regular basis regardless of the price, as we are very close to the bottom if not already there, and prices are extremely low even after this small pump.

Its a good timing and opportunity to buy bitcoin for now since the price still below 8K$. When the market is on green, there's a chance that it will go further or higher as we all expect. As of this moment, bitcoin price is increasing and hit 7.2K$. Hope it will continue to rise until this year ends.

Yes, the BlackRock news some really impacted the price in the last 2 days. More than $1000 does really bring some sigh of relieved in the already struggling market. So we can attribute the last big uptrend on that news, but you are probably right that it might just be short term reversal as there are conflicting reports about Fed Chairman's Powell declaration on crypto.

(https://www.cnbc.com/2018/07/18/fed-chairman-rips-into-cryptocurrencies-cites-big-risk-to-investors.html)

(https://bcfocus.com/news/cryptocurrencies-arent-a-big-enough-threat-says-federal-reserve-chairman-jerome-powell/18777/)

I think we need to be very careful of every news going on. We need to read between the lines and make our own judgement. So let's see how it pans out in the next couple of days if the price will continue to shoot up.

I think bitcoin prices are preparing for 10 agust decision.
But rumors are good so bitcoin started green candles and still holding above 7000 usd.
7000 usd is an important point for now if we hold above this indicates us a long uptrend.

Everybody loves a long green candles, in crypto world  ;D

I wish for everyday green candles and may all the hodlers of btc rejoice!

The technology is simply amazing and the market is green today. Actually we have a jump of more than $700 in the values of Bitcoin and if this went on, we might very soon reach the boom.

This is good news for everyone who owns a Bitcoin for this creates the spirit of optimism and makes you passionate about the returns the technology promises. Having said that, a wise mind would go for some further investment for it will bears high margins of profit in future.

everyone is happy with the bitcoin rises, not with me.
I hold alt coin and this ari I have to add my patience. expect bitcoin to rise slowly and then stabilize later this year.
give the chance for alt coin to grow and not die. >:(