Bitcoin Forum

Now, I know many analysis will soon be out trying to credit the sudden market recovering to some sort of events and programs. In my own opinion, I feel any of these reasons could be the case of the capitalization in the market leading to some gain:
1. It's possible some whales or even the wall street are trying to manipulate the market by attracting the  innocent traders;
2. It's possible the enemies of Crypto are tired of the underserved bear;
3. Maybe there is a major event in which some of us are not yet privy to, only time will tell.
4. This can't just be normal traders doing their normal trading as the pumping in of fund is massively massive.

I don't believe the bull run has started, although no one can possibly tell when the bull run starts. Let me hear what you think is the reason for this sudden market recovery. Thanks

the "whole market" is seeing some recovery because bitcoin price went up a little. but the rise bitcoin has is not exactly a recovery. it is a small and simple price rise which is not recovery until price reaches its true value which is higher than this.
the reason? is simply because you can't keep dumping the price for ever. at some point no matter how whale-y you are you will run out of money to buy cheap coins.

I am not sure on exact reason for increase in the price of bitcoin but it is the good news for all the investors and who believe in bitcoin. It is though the increase value is very less but it gives confidence to crypto market and i think the whales are now in the position to not hold the increase in value of btc that is one of the reason i think and also opponent of bitcoin is tired on making the value down.

You cannot get any factual reason as to this sudden happy recovery,but what we did know was that it was going to come,but we were obviously unaware of the time it will
I honestly feel the demand has increased a bit and more money has been pumped in as this demand led to more investors,just my mere speculations

We can't talk of the bull run yet,as it's still early,but we all have it at the backs of our mind

- do not believe that Bitcoin is under the control of whales, there is a level of influence a large holder or group of investors have, but you can not control the value of bitcoin.
- the enemies of cryptocurrency also do not have any effect on the price
- if there is an event we are not privy to, then it can hardly be a 'major' one, and I also do not see how it would boost the price.
- Now this is plausible, an influx of investors and traders would have an effect on the price.

It is not known whether this is recover or not. Because the price has recovered just 9-10% of lost value and afterwards the direction of the movement is not known. Anyway we cannot expect a logical explanation of every movement. This is just a price that comes from the psychology of the majority.

I do not believe that there is any significant reason behind this. Some people perhaps think the bottom was in and decided to invest and that's why we've seen a short rally. Unless others jump on the same bandwagon we'll be back to the low 3000s in days.

Markets are never as rational and predictable as people like to think. Do your mental health a favour and stop looking for answers to every movement.

Many hoped that by the end of the year the price would rise. This cheered up the crypto community, let's see what happens next. If Bitcoin will grow, other cryptocurrencies will also go up.

Even though it's a bit of an increase but everyone will be happy and trust Bitcoin again, that bitcoin was able to bounce back, after many communities said there was something out of bitcoin for fear of prices below 3k, but that didn't happen.

It's too early to call this a recovery. It's the longest stretch of upward movement in value that we have seen for quite some time. With BTC up about 20%. This would have to be sustained forgot mcheck longer for the price to consolidate, and reach the values it was at for majority of the year.

For me, this growth is also incomprehensible. As a rule, on the eve of Christmas there is a decline. There are no reasons for growth. This is certainly a manipulation.

The crypto enemies don't have sufficient influence,but the enemies of bitcoin(Ver,Wright and others) had proven that they could crash the bitcoin price.
Anyway,the price can't be boosted by some "event" the road to recovery will be very slow.

Neither do I think the bull run has started, I saw a post yesterday or 2 days (not sure) about some buying over 2000 btc, I think it is still all about manipulation and attract new naive investors who would panic out at the slightest decline again. But just as you've stated no one could know for sure.

Do you need some specific reason for the recovery in the market? Why are you so curious about that? Might be some big whales have invested who knows, let the change happen atleast the small investors will have a relief and hope.

It is unfortunate but we will only know if this is a bull run later, not now. For now we must keep our heads and maybe find some good investing opportunities. Bitcoin is good but there are more coins out there. We are very low still in the market prices, a good coin will give many profits if you buy now.

Good to know that the market start to recover because it seems there will be another will bull run this coming 2019. All of us are waiting for this moment because this time we can sell our cryptocurrencies I hope this recovery will continue until next year.

 


   ;)

The OP just got excited seeing the price being pumped in the last 24 hours. But it's really hard to pinpoint what's the real cause of this sudden spike. But I guess some whales decided to push the price to set a trap or its a genuine recovery, we will know the answer in the next couple of days.

The question is, do you guys have accumulate already specially when the price is at low $3000's?

For all of us we never know the reason for market recovery but one thing that I know is we should double our effort to introduce the bitcoin to other people so that they will also believe and invest in the bitcoin and they will do the same thing that we do in bitcoin and it is one reason for the market recovery. We should also do harder in investing in bitcoin so that the market will not continue to fall.

I don't believe and see this as a full-blown market recovery but rather a simple uptrend that's normal every now and then. We have had a similar run back to $4000 just a week or two ago and we climbed back down to $3200 after the short stint. It's great that the $3700 resistance was broken but apparently the push is now losing steam and is going down back to $3600. We need more from the bulls before we can call this a market recovery, but until then this is just a normal fluctuation.

any incident that suddenly arrived in the crypto market was common, we never knew the real reason, but for sure there was a large amount of funds coming in until the pump happened, I saw coinmarketcap volume there was a rapid increase of up to $ 10 billion in 24 hours

There are two interesting pieces of news that I came across. One is that pro trader Mark Dow, who got the ATH of Bitcoin right and shorted from 19k all the way to 3k, has announced that he's done shorting and it's time for BTC to reverse. He got the top right, he might be right about the bottom. The second piece is that Brian Kelly, who was always wrong, is telling people to short Bitcoin. Of course this isn't over. We are still in bear market, but there's not much farther to go down.

in your opinion, how about the battle hash?

and in my opinion, BTC will never recover if the hash battle is still running. we will wait for the hash battle to end, and after that, I am sure that the BTC will create a real bull market, and not temporary.

It's way too soon to call this current uptrend an actual market recovery. Since we've seen these up and downs before, as long as we stay in the 3k-4k region i wouldn't call it a full recovery, just usual market fluctuation, we need to wait a few more days or even weeks to see where this takes us. Btw, i'm just speculating but I think what we're seeing right now might just be the bears getting exchausted after not being able to break the 3k support level and now the bulls have started to make their move. Regardless, I hope this surge in prices can bring some positive vibes into the market.

There is no such thing as the bull run. After the major dump from the whales I have started to believe that it is all a pump and dump game where the whales are getting richer.
It is obvious that the price can be easily manipulated by the whales as such big pumps and dumps have happened in the last 1 year.
Crypto trading has now turned into gambling and I am afraid that if this keeps going on the future of Crypto might not be so good.

All the thing that the OP said are all "possibilities" but this is not the real reason for the price increase, we cannot even call it as a recovery because we are just seeing a price rally which is normal even if we are in the bear market. What's clear as day is that before this "recovery" started BTC is extremely oversold as well as the MACD is hinting for a bullish crossover that is why we have this price rally right now. All the OP said are just speculation without any basis on the market's technical point of view.

I also don't believe this is a bull run. I have sold my coins that were bought a few days ago I am not sure to hold long time coins now because the market conditions are still a lot of bull trap

It seems to me that this is a temporary market correction. In the last week, the number of sellers significantly exceeded the number of buyers. I see the current growth as collecting sellers stops. This is rather speculative growth, and I am not sure that it will be for a long time. I think that growth will start unexpectedly, and it is quite possible that it will be rather slow. Many people do not immediately realize that the trend has changed, but after some time. But I think that waiting for a trend change is not so long. I hope to grow in the middle of spring. Hope I'm right.

I don't think I can ensure the market will recover in the near term, at least for a bull run to occur it will take one year ahead, because the current conditions are very bad.

It hasn't recovered, it is still on its recovering phase. So this means that this phase might be temporary and the tides may turn anytime soon.
We don't need reasons for the market to recover. But still, the current price drop has given opportunity to the new investors to enter the market.
Just keep this in mind, we will see the price drop and rise but in the long run it will always head towards one way and we all know which way it is.

Normally after some little bear time,  whales usually play their games and show some green candles mostly to attract newbies or make a trap for traders.  Personally I don't think there is anything really responsible for the move we are seeing now.  Maybe because the resistance at 3150$ held strongly and people don't want to dump anymore.  Just like a game it seems to me.  I hope things will get better from now. 

Of course, but by the nature of the market, those are all speculations, we really can not know what is happening right now because we do not have enough information yet, also the problem is usually more complicated than it appears to the naked eye.

It's still too early to conclude of the market is recovering or not. The few % increase we witnessed between yesterday and today is because of bitcoin going up a little. It could be be a bull trap by whales just to make people seem that the market is improving and then it dumps again.

It a most that so many analysis will accompany the recent recovery of the market and that has always been the normal happening the recent recovery will soon be ascribe to one or the other, but the fact still remains that the recent recovery is directly involve with the high demands for bitcoin and the other altcoins in the market. Once the demands increase the market will go green.

It a most that so many analysis will accompany the recent recovery of the market and that has always been the normal happening the recent recovery will soon be ascribe to one or the other, but the fact still remains that the recent recovery is directly involve with the high demands for bitcoin and the other altcoins in the market. Once the demands increase the market will go green.

Without knowing what the price movement is based on we cannot know how far it will go. As we know it is easier for the price to move in crypto trade which can be without any reason. Probably the price has changed because of most people have the same idea without any news and the demand will determine what will be. Maybe the scenario of last year will be repeated.  :-\

i also hope there started some investors to buy in Today Bitcoin got 7 % and Bitcoin Cash made 40% witch si dammed much i guess.
i ordered today a samll amount for around 300€ in hope it will increse but i can lose it also its gambling money XD

regards

When you are investing don't to expect too much because in that case time will tell when your profit was there and if you want to cut you lose probably you can't earn as what you have looking for. As of now, we don't know the real reason why Bitcoin price will go up and makes crypto market price has swung too. As far as I know, there is no news about the negative side regarding Bitcoin. Let's do hope it will continue raising.

The nice recovery the market has been experiencing might be due to the positive outlook of the investors on cryptocurrency. If investors feel positive, then in just a matter of time bullish period will start. The scheduled upgrades of some cryptocurrencies like Ethereum, I think contributes to the positivity.

The bull run has just began seeing the outcome of these two days movement in the cryptocurrency market. The rise in this recent market will awaken the whales and investors to pump money into trading and investment.

it's a bit early to say that this is market recovery, While there is the majority of Altcoin earned some% compared to last week but there is still much to be gained to say that the market has recovered, hoping that this rise will last for at least a few days or months.

in my opinion, the Crypto enemies are not tired of dropping BTC, they often try to kill BTC by spreading FUD, but that only makes BTC's popularity become high.

so, every time, BTC always has the opportunity to create a bull market, even if only temporarily in the middle of the red market.

It is too early to judge this rise
We need days to make sure it's a real climb
Or the work of whales only?
We must learn from our previous experiences and be very careful.
 

It is not recovery, it is slight correction.
Coins that were down the most also corrected upwards the most - BCH, Waves, Stratis.
For me this is only temporary because of overselling. Too Early For Bull.

Every thing has a session, i think the current market prize of bitcoin and other Alt-coin prize has been fluctuating of a period of time, All i know is that market we soon recovered.

I think so too. It will be a recovery when we go back above 5800 to that flat line we were supporting in August and September. A recovery is a return to the price from before the fall. If you drop by 3000 dollars and then go back up 1000 it's not a recovery. It's a slight correction in the downtrend.
We can still go lower after this.

There have been a lot of improvements this year and more and more companies are trying to introduce Bitcoin and the blockchain. I think this may lead to growth.

Among the four reasons you'd stated, I think it is the whales who are manipulating the prices. They might think that downward trend is enough and it's time to shift to the bullish market. These whales are really making moves that caused a lot this year.

Just observe the little price increase recovery either is good sign for the whole market ruuning in good signals, but we need to be aware this is not trap from the whles.

I don't know what's the reason behind but i'm pretty happy about the recovery and I know that people are happy too.

your sharing is good. i agree with this opinion