Bitcoin Forum

One potential worrying factor for the sustainability of this impressive bitcoin rally is the fact that the weekly Stochastic Relative Strength Index (Stochastic RSI) refuses to go down from a very overbought level. Instead, it only moves sideways while still maxed out

Another factor that cannot be stopped is reducing the supply of bitcoin.
this can be a cycle that cannot be stopped and bitcoin will continue to rise.
many predict this.

This is where the indicators going to make more mistakes and maybe those trading bots are also going to dump some tokens when it fact it should hold. Don't rely so much of that RSI, they say its  good to use it along with MaCD. Well I'm not the man to be asked why but that's  what I heard. Bulls needs time because they  don't wanna blow the price so fast otherwise all the  rest are going to dump and wait for its price to settle.

You are making analysis with your personal indicator like it is an authority that what you have seen with Relative Strength Index(RSI) must happen.  ;D

Do remember that others have one or two indicators they are also trading with.

Finally, Relative Strength Index is a lagging indicator. So, it interprets what has already happened but not what will happen.

Everything needs time... Bitcoin takes 8years before it reached its all time high of almost 19k$ from cents way back 2017 december.. Trees need time till it produce its fruits or flowers.. This is a matter of patience trust and perseverance... Coz in the end no matter how. Long you wait you know deep inside you that what you wait is worth waiting for... Just be patient sooner or later bitcoin will be back on track..

That's one of the things I really like about bitcoin, as opposed to things like stocks.  In the stock market, the number of shares for a given company can ebb and flow based on buybacks, stock options granted, and other factors.  With bitcoin, the only thing that affects supply is the number of newly-mined btc, and that isn't going to keep happening forever.

The price of bitcoin is thus determined almost entirely by demand, and though I'm quite happy that it's above $5000 right now I'm not sure if it'll stay there.  There's definitely some bullish sentiment present, but we all know that can change in a second.  Personally, I'm also happy that I actually own some bitcoin during a rise like this, and I haven't sold any lately.  Usually when the price starts to crackle, I've got nothing. 

Last one week are seeing more discussion about the bitcoin price bump but no one sharing their experience faced such as making fund on the bull run rally.
Have some fund on wallet at the same time keep some money in trading to keep it evolved and how it can be make utlized well in the peak time.

yes you are right the development is base done the time factor also so if Bull Run is happening to the currency it will take some times to develop otherwise the investors take a chance to get out from this field the factors of development will be reduced today due to the demand reduces.

Yes, it can be important, not important to discuss, because it might be an insight for some new people here who might not know the history of lumps that occur several times now, everyone must have the advantage of pumping but it is not too important to discuss because it is not too useful for others, it is clear that there are currently so many who save Bitcoin in meetings to be able to follow the upcoming pump path and maybe even further, it all takes time to not despair halfway.

Basically we need to give some time for development otherwise if we put all your investment in a single currency and take it out very quick time will not give any profit for you it will only retain in your hands otherwise that time will always helpful for you to get a good profit for your investment.

Honestly, I have never seriously considered the signals provided by the "technical analysis", because I am convinced that there is such a diversity of indicators that can practically give any signal to any analyst, since they have always had a great deal of subjectivity, so I think that trying to give them so much weight when forecasting the next market movements is usually the cause of so many headaches in naive investors.

The indicators really are not to be relied upon for confirmation of trend. I think that bitcoin have shown not to be dependent on TA or fundamental, it is just independent in my view. In other words, I take my other as what I see.

I think if you have been in the market for about 3 years or so, you would understand that bulls doesn't run overnight. You don't need to rely on TA, just common sense and experience will do. Obviously, we need them to give more time and support so that when they engaged themselves it will be difficult for them to be stop and we don't know where they are going to stop, julst like what we have witnessed in 2017.

Most of the time uncertainty is the biggest feature of this market. If the bull's movement continued according to the graph, such increase could not be expected. This may not apply to some movements, but it is more appropriate for big movements.

A graph is pretty much useless if there are fundamental changes happening in a short amount of time. Imagine if today or tomorrow, SEC suddenly announces they will accept Bitcoin ETF, even if it shows an overbought condition, I believe people will start buying like crazy due to FOMO.

The good thing is TA still work if there are no fundamental changes that are accepted/considered by the market, so the movement is purely based on technical analysis. Day trader or swing trader will love that.

I'm certainly doubtful that the current movement is going to build something that lasts, but I don't really care. What we needed was a little shot of upside. If it craps out, and it may well, at least that was a reminder of what's possible. It'll happen again when the time is right and it'll sustain.

Because of the increase on the demand and the lost bitcoin, the supply are getting limited and it makes the price more expensive. The bull needs time to develop a great form of candles so they it will last longer. Those predictions are good, it can happen any time. The market is getting better, everyone is not panicking anymore but the FOMO increases again. Hopefully this is the best time for bull to appear.

how long we should wait?

I'm sorry to burst the bubble for you but no one in this community can answer that question. A lot of parameters to be considered, demand, sentiments of the investors, news in the market etc.

The bull is still going strong as of this day, we have breached another mental barrier of $5200 so I guess the run will continue, so let's wait and see.

I wouldn't be so pessimistic at all.

If you watched charts on exchanges - especially orderbooks and candlesticks - in the past 2-3 weeks, you could see that the bears clearly lack of volume. The bulls "attack" more frequently and every several days we're seeing new highs. Sudden dumps currently only seem to occur when huge stop orders have been executed.


First time i see someone on the forum actually pointing that out! Good job.

How is it possible to reduce the supply of Bitcoin? Do you mean hoarding a lot of it? It's not about reducing the supply but it's the adaptation of bitcoins technology for the community that would make the price rally.

first you say this > I'm sorry to burst the bubble for you but no one in this community can answer that question. and then you say this > i guess the run will continue   .  the second part of your sentence that i state above is already the answer to the guy that is asking above  .  the bull run will continue because we are now seeing a healthy market  . no signs of a huge dump  , all is good but i also agree on the title of this thread  . bull needs time ( adequate time or extension for its duration ) because almost all bull run on the past that we experience are all remain only for a short time  .

I am quite confused about this growth. I had a lot of money but now I still dare not invest in BTC. I think this is just a light whale pump and it will soon be dropped. BTC's price will be $ 4100 in the next 1 week and that's definitely a good price to buy.

If bitcoin is that currency, you just have to keep and hold it for the long time to get good and huge profit when the bull run happen. You do not need to worry much because it is the most stronger in the cryptocurtency world that's why it is called the king of cryptocurrency.

Maybe after all this time that we were at a bear market they wouldn't make any profit from trading.
It seems like bulls are taking action slowly but steadily because they want to make some good profits after all this time that we were suffering due to the market decline.

Right now there are chances for an explosive growth and there are chances for the comeback of the bears, in reprises, until the bulls get fully "awake".
I'd not rely at all onto slow and steady moves right now.

  Bitcoin precisely been a good and valuable asset among all coins, because of its promising development and outgrow. Each moment we invest this asset may give us luck to gain massive profits, even in a bearish day it gives an opportunity for us to invest while its price is cheap. And be aware to spend much time to hold and keep it untill the bull market occur.

Both situation are possible to happen since the bull is not confirmed.
We've better to prepare for anything and stay on your limit. If the price hits your goal, sold it don't chase any higher prices because you don't know what will happen after a big pump. Bulls are slowly coming, but it can fade as fast as what you can think. We have to learn from the past with cryptomarket, if its too high the price will correct.

Although bitcoin is viewed the most potential as well as promising coin in crypto market, i keep wondering why many people do complaint about it. To be honest, compared with the 2017's movement, bitcoin shows a better sign in this year. But everything needs time to get bounce back, so does bitcoin. The market is recovering step by step, i believe bitcoin will soon inform a good news to us. Let think in positive way instead of worrying and too skeptical.

It takes long time to recover it will take maybe 1 month or 2 months depends on the environmental effects of the market. Bull needs time to recover to reach $14000 or break its all time high price and that's lambo. Bitcoin takes time to recover and it also needs our patience on waiting if we don't wait then it is our fault when we didn't get any profit because of that kind of attitude wi really bring you to a wrong side. Time is a must in recovering.

Honestly bitcoin defies technical analysis on many occasions personally I don't rely on indicators for trading decision because indicators are calculated based on previous price history and they do lag at times price might move ahead before signalling buy or sell meanwhile fundamentals moves the price of bitcoin whatever indicator used whether moving average, relative strength index or scholastic etc don't correlates with the price movement of bitcoin.

Maybe he means that less and less bitcoin will be mined and it is a cycle. Every halving, the rewards to miners will be lesser. Lesser bitcoin will be added to circulation thus pushing the price up.

I think the complaints are related to the bear market and how Bitcoin takes everything down with it. Newbies were so used to seeing the price of coins pump in 2017 that they legit believed it was normal for crypto, and that it would continue for ever. It sounds ridiculous, and it is ridiculous, but that delusional were people back then.

I have even seen noobs team up to boycott Bitcoin, lol. Because if people stop using Bitcoin, the bear market will be over according to them, and altcoins can continue pumping. :D

People's main problem is that they don't understand what Bitcoin is. For them all Bitcoin stands for is price up or price down. These parasites sit at home all day waiting for the price to move. They don't create anything.

This huge bull run thingy people have been waiting doesn't really happen all at once, people have forgot all about the 2017 peak, we didn't reach to 20 thousand dollars in day one, hell there was a whole week we stayed at 9 thousand dollars and debated if we will ever reach 10k and than we broke it a week later. I am not saying it will happen again or we are on path to 20 thousand dollars again but even if we are than we gotta wait, it can take about a full 2 months before we reach those levels even if we are in a bull run.

We may very well be just staying here and not going anywhere up or down as well so we don't know but just in any case we know everything will be slower than people expect. Some people just want to see 20 thousand dollars like tomorrow and that is not gonna happen.

Normally when people ask me for the waiting time, I would tell them till they see the profit they desire to have on their investment, which may take longer than that I month or 2 months, in as much as we can’t control the market or the factors controlling its price movement, except we are a big whale, it will really be hard to tie a particular time to it.

Tying time to it is what make a lot of people get discouraged and fall for panic selling when the time being speculated comes and nothing seems to happen, all I know right now is that the market is in recovery stage and with time and patience like you said, we will see our investment grow to it ATH too.

Bull market of course needs time. We can't experienced a bitcoin that is worth 19k last late December if we didn't waited for that to happen. Everything we expect will happen in the future, it just need time and us, we need to wait for it to bloom.

I don't think that supply is going to mainly Bitcoin that will be mined alone but the willingness of people that are ready to sell their Bitcoin can equally served as a supply of Bitcoin and other coins.

More people should make the difference between supply and production. Supply in terms of what comes up for sale is totally fluid. Production is not. There are freshly mined coins that may never move. There will be coins from 2009 that are ready to hit the market when the moment is right.

It is true that no one knows what will happen to the next market and even we cannot do too much and just let time go and will answer everything.

I do not think much of all these indicators. I believe in fundamental factors and say that we will already be experiencing a lot in this market. That's just the beginning, whoever becomes patient will later be rewarded and collects his dividends

so what you do think will happen based on your analysis here?

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Wait for bull run? I guess it's here already and you just did not see it.
If you don't see your target price yet and you are asking us how long, I will say no one knows, price rally can also dump over time.

Maybe we just have to be patient, if you believe in the potential of crypto, definitely the right time will come.

I understand that. After observing the market for so long, it is not easy to achieved high trends or bull run. It is better to the market to be increased slowly but surely than to expect a bull run but will decreased eventually. I have been also looking at stoch rsi for so many days and it is true that is overbought for a few days. Looking forward what to be the next side of stoch rsi.

Definitely, bull needs time but this is not a equity market. And, I have never seen that bull happens at more than two years. So, from the last bull it was already gone 1 and half year and the market is just recovering. So, hopping the bull will come at the end of the 2019.

This also a reason why bitcoin untill now in a pump up situation, like what you said bull needs time to make another good run but traders also need a lot of time and patient if they want to see another pump up this coming year or next year.

if you already have that belief you don't need to see an indicator for checking when bulls occur, a bull run takes a long time and process,
and if you believe that you don't need to count the days to wait for it, it will surely come..

With the current state of the market, we should be dancing Alanta and doing gleeful backflips. We are almost at $180billion now as against a mere $120billion in March. Crypto market has picked up, volume has increased as much as investors' interest. I am hopeful this will trigger the expected bull run.

I often use trading strategies like you, by using (Stochastic RSI) I can predict for the next 1 week, and if there is a refusal I will immediately cancel the order on the market

This is a bad signal for long-term growth. I think this is also the time of whale pumping and it has no real value. Don't get caught by the sharks, you won't want to continue to suffer losses.
Please stop risking at the present time, don't be too greedy.

A matter of how well will you analyze the current trend, rising without real reason behind is just another artificial pumped coming from those fat whales who can easily manipulated the market, being smart needs to play well and taking a risky decisions with something to gained is very important right now, no need to be greedy best options is to take every opportunities.

I doubt that election happening in India might be reason for it. One of the Indian friend in my friend said that one government converted many cashes for BTC. Now they have big marketing plan for election time.
If he sold the coins you may loose the money on this election time there. Hope others will spectate more

The currency we trade here is patience not even bitcoin itself. We all know the $20000 price is the what we want to beat before we head higher, No prediction have read looks beyond $20000 this year.  Some might be surprise when we reach $6k and hang there for another 3 months. We just need to know how make use of all the position in the market before hitting the next ATH

Very well you say, I completely agree with you, the bulls need time to recover. The current bitcoin jump so far, which does not mean the end of the bear market, the price will still jump up and down. It’s necessary to wait for the full recovery of the market and then everything will be cool.

Understand this trading cycles and playing along with it is what makes us a successful trader!  The supplies of bitcoin might be reduce by half in may next year and that is going to create scarcity and by that price increasing.  I believe that bitcoin is going to rise in price again and this time it is going to rewards hodlers and investors with good profits more than what we have gotten. If we look at most of the technical indicators we would find out that most of them are still showing bullish signal and that means even if bitcoin is going to reset it will be a lighter one.

You're right. Most people here in cryptocurrency based their prices on the all time high or in year 2017. They're making it as the basis if bitcoin is recovering nicely and/or slowly. To reach or just even to get close to it, a lot of time would be needed. Several factors will affect it.

That previous ATH happening last 2017 isn't to our greatest day ever, it stay for just a few minutes and gone, make a huge drop and we all suffering after for more than a year. It could the same of that will happen this year, it definitely needs time for its recovery. Even we reach back into $10k this year, its a big achievement for me, enough to cover up our losses those days of bears.

Everyone have looking into that(bull run), we all waiting for that and maybe this is the time that we could see it again. Its too early to celebrate but we are too positive that we taste another beers in the coming days. Its a wind changing its direction and it is in favor to us now.

In the future, bitcoin will continue to grow. It is clear to all. But if we consider a shorter perspective, we are still waiting for the price rollback and then there will be a movement upward. So I believe that the bulls will soon go for a run.

I almost gave up in early 2019, the decline in the price of bitcoin made everyone desperate. but there are still other indicators that cause the price of bitcoin to rise. halving is an important issue to be taken into account and it's time to believe that bitcoin will continue to rise.

Patience is the key in everything if you really want something and you are ready to wait then you need to strengthen your patience. Bitcoin may be down longer than when it is in bull run mode. But this is how the market works it is either going up or going down, vice-versa.

Yes. You won't make good profits today if you lose your patience in the earlier days. Patience is still very needed if you really want to gain good profits even in the future. I'm really glad the present condition of the crypto market is now very positive and hopefully this will continue to grow in the coming days.

I don’t think traders are the ones that needs patience and time because those ones are making money every day irrespective of what the market condition is, the people that really need time and patience are investors, I must really give them thumbs up, it’s not so easy to wait for years to be able to get something positive off ones investment, but the waiting can really be worth it when the time comes.

We also need to assist the coin in pumping further by creating lots of positive news for Bitcoin that would create FOMO in pending investors and make them rush into investing in Bitcoin so that we can reach our target on time.

If we'll look back in the history of bitcoin, we could see that it took a long time before it reached the best value. If we'll base on its timeframe we might have the realization that we really need time before we reach a good profit as it did before. Let's not doubt but rather give bitcoin a chance to prove its capability again.

I think it doesn't support your opinion with an explanatory or valid reason. I think that it is not the right decision to reach this conclusion by making only one indicator interpretation and it will not be very accurate in the desired result because it is very easy to leave many investors in the opposite corner with instant changes in this sector. For that reason, using only one inducer has been extremely erroneous to achieve this conclusion or to change the ideas of others with this result. On the other hand, although I argue that the bull period has not started yet, I would like to say that we can easily find out whether the bull period started or the period of the month continued by investigating the various factors. However, it is not necessary to use a single indicator to achieve this result, it is necessary to use various indicators and research through various sources.

Yes, in my opinion, it is great to have such a rise in the price of Bitcoin because it has actively revitalized the dead souls in the cryptocurrency space. Yeah, the potential had been there in bitcoin since day one but price appreciation actually motivates people to invest and speculate in Bitcoin. I think that this Bull Run will stay longer.

Staying stable at some areas until it reach $7000 is highly expected. Bulls definite need some time to rest and then to march. Those traders and holders who are not patience enough or doubting about the back of bulls, may exit at any time and then may regret later for missing out a good rally of short time frame itself.

I've been around for more than 3 years and I would disagree with you. Back in 2017, there were a lot of instances when the exchange rates shot up more than 10% in a single day and as much as 50% in a week.

Yes. everything always takes time and we should not rush to invest when the market becomes abnormal. When we do not understand the market, we will have to pay for blind investment.
I believe that the growth of this market is not sustainable. It will soon slip out in the middle of Q2.

Nope. Bulls don't need us. They do with what they have. And we're talking about big time traders here. We look to them and even if we do nothing, the bulls will make a run if the time is right for them. You just have to be vigilant since like in 2017, they didn't come when you expected them.

Bulls are already in control, we have been in a weekly lower high trend for the past year and a half almost, we broke it 2 weeks ago, that's a major sign that the bulls are back in control, we are also seeing continuation from the last bull move, everything is screaming bull run, not necessarily back to 20k in a few weeks but perhaps 6+ in the next week or two.

but Bull take long time and this is the opportunity to start its engine to take a long drive because there will be a huge waiting available from the side of investors so the opportunity will not came everytime this will be the right chances of getting future development for every investment.

I agree , everyone expects that if a bullish trend begins, it will immediately be as powerful as in 2017 , but I also think that the price can stand still for a long time and only then can go strong , for me such a market will begin in 2020-2021 only

We need a good analysis to look after bitcoin, as we can see now we have gotten some uptrend which I know it's a good start for the many projects have really dropped down. And today most projects are just struggling to survive so let's just keep fingers crossed and watch how bitcoin will make a difference than give Fales news and analysis.

There's a perfect time for everything, so if we want to be part of bull run's great day you need to learn how to acquire a good attitude. Because if you have knowledge on your crypto asset, you won't think of dumping it quickly upon seeing price needs to gain much higher value than the current one. That's why bull really need enough time to gain the best price ever.

Projects that loss it's market because of the bearish period will most likely recover, if this bull run will continue.
Just like the old days, bitcoin increases FOMO happens, however maybe this time investors are more matured and if you are holding
a bad coin or they called it a shit coin, you might not be able to dispose it with profit.

It all depends on what everyone sees as abnormal in the market, when we were in Bear market, some of us saw it as abnormal instead of seeing it as blessing in disguise that is given opportunity to more people to invest so they can take profit when it becomes high, and when BTC became high again, some of us still saw it as abnormal and linking the price movement to that of whales work.

I agree with you that it is necessary to fully understand a particular time of the market before dabbling into it, which is more reason why we have to pay close attention to our technical and fundamental analysis to direct us.

No it is not like this as according to me bull always need our support and it really need our money to invest and hold only then with the passage of time bull will run, in 2017 I know price was so good and many investors have become so rich because of trading bull can happen anytime but without our support and holding it is not possible.

In somewhere the Bulls are also need some time to take a rest and I think this is the time for taking rest from the cryptocurrency to stay calm and make its development things to be more powerful and it will continue to run and I think the waiting is enough and from the starting of this year the changes will be seen by us and it can be definitely acute development in this year.

Wherein we investors are the main vessel the bull will use to achieve it and if we don’t give it enough room or space to speed, it might not succeed.

So, rather than dumping every time we see climb of the current value, we need to really give it time, we use more of those time too to learn how to create FOMO by spreading positive news about BTC and any other coin we feel necessary, if we can give the bull time to pull all necessary strings together to work effectively, we will be on our way to having very huge profit in out bank within a short period of time.

The recent spike was not due to whales moment. We later found that 3 investors bought bitcoin for milliaons respectively. Around $1k spike in 2 days really overwhelmed everyone who was holding it for more than 15 months. This spike has brought the other altcoins to their next level as well.

Im not on technical thing yet these dont give out precise predictions but somehow you can make out some analysis on whats happening on the market on using up these tools.
Price had gotten down on sub 5k price but it did hold and now we are trading above 5k as of this moment.Good indication that we are possibly tanking this range
once again just like what happen when we are still on 4k above price.

Bull still in control. Some bearish action was expected, in fact needed, the RSI was super extended. We held the exponential moving averages on the daily and we are just forming a higher low compared to 3900$. We might possibly see an equilibrium pattern but we are very likely to just see continuation since the whole market is still looking strong.

We shouldn't lose our patience towards cryptocurrency after buying them, so it is always good to have faith in the cryptocurrency because bull will come back and start pumping the coin but how long it will take nobody don't have any idea about it. So it is always good to have faith in cryptocurrency.

Thank you for you insight.

And that's what I'm looking as well in this week. We touched another important mental barrier which is $5300, but it was not sustainable and we went to < $5k. But the price still looks strong at the $5k'ish now so definitely the bull is still in control of the market and looks solid at $5k-$51xx.

We need volume. Huge volume so that bears will be taken down, we need huge volume to climb above $6,000 level and after that, if we can hold above $6,000 level, it could be the start of the bull market. If the RSI will stay above the overbought, it needs volume then, we need more buyers than sellers, bulls than bears.

Literally that is called bull run,they questions is when it will happen? I think we are already in the bull run for over a month or so since the price growth looks positive for long time.

I guess that many people do not wait for the bull run. Some of them decided to quit trading. Another group of wise people is looking for methods to earn on crypto in any market situation.

The surge on price was absolutely not from the because it would surge past the $5000 price if the whales are involved but saying 3 investors was the reason behind the green trend in the market is what I don't agree with you because if the mentioned investors was indeed the reason for the surge the market demand won't be strong enough to maintain the $5000-5500range.

I bet you are wrong with that, there's still many people who are still waiting and that includes me.
I am proud to say that I have held this long, my balance in my portfolio dropped already but I believe the crypto will recover.
Bitcoin now is bullish, I thin the bull run started already, and so as many people also think like I do.

You shouldn't look at it like that. We, normal people, make up like 1-2% of the market, big players are the ones deciding where the price goes. Certainly the number of normal people investing in cryptos was huge in 2017 with the bull run however those only came after the bull run start, the bull run wasn't started by them it was started by the big players.

Well I have a different perception to what you speak, I never use the RSI, it is a good indicator, but I do not trust, I believe that the market moves a lot by the emotions of the operators, or what they cruelly call the LAW OF THE OFFER- DEMAND, the Bulls always execute their plan of action, they usually have a lot of time to make their movements, since they have time and money, they can protect their positions because of it. According to analyzes based on Wyckoff's theory, we are currently in a market whose phase is Accumulation, and at some point we will have the Bullish trend phase to reach the Distribution phase since it is the best phase to sell.

Volume will only come in crypto when there are many use cases or there is a Fomo that bitcoin price will be going towards all time high. We have seen price gradually moving up because institutional  investors are gathering the bitcoins at cheap rates now.

When Baktt platform is live and at the time ETF is approved, we will see big volume , as that will be the time when everyone will jump into crypto.

Agree, that platform will make more investors and certainly will push the crypto market to continue to grow bigger, so with a good move in the second quarter I am sure there will be good news to come. I am very optimistic this is the beginning of the bull even though currently the price of bitcoin is still stuck to continue to soar even further.

One needs to be sure his strategies are good in bull market, when the price is going up, trading is risky. Nobody knew the correction wont go back to $4500. So one might see more cases in the year, so it demands a smarter move at this time to make some profits and remain in the trade.

I would rather see a bit of pullback and defend of $5k price level and see even bigger accumulation phase - if that will come true there would be more positive effects in future - healthier uptrend.

The $5k price level has been defended very well in the last couple of days. We see the price went as high as $5300 on some exchanges, followed by a bit of correction, but it seems we are back at $5k-$5150. So again, I consider this the new low price for bitcoin.

And this could indicate that we will see more healthier uptrend in the coming weeks as the market conditions are really improving.

Yes correct bitcoin cannot be stop for continuing cirle being digital currency, many people predicting bitcoin future because they also believe the capability of bitcoin to guve us again anothe bull run, but for yes we need to wait mire time just be patience the right is on the way.

Bulls need time but others wants or expect a bulls every year. We all want it but they should accept the fact that it won't going to happen. They are just thinking of profit but they aren't think of, do they afford to buy at a high price, I guess not, so bears aren't that bad. Price pull back a few hundred of bucks but still maintaining at $5k so still fine.

Even the present market situation is almost bullish, because after price fluctuation there is some minor growth in the price of bitcoin, and the same is being experienced over each and every altcoin that are connective to bitcoin. Anytime the market could change abruptly marking its bull trend for a long time with large level variation in growth.

if I think you have also traded krypto for a long time, then you also know when krypto price movements are better, recently there has been a pretty good bitcoin price surge, because I believe the future of bitcoin will also be more advanced in the future.

That’s how the new investors want, they want to take profit always but it’s not the reality because the price will always fluctuate. Bulls will come when the bear is over and when there’s enough volume for the demand. The cheaper price is not that bad, its a buying time so you can earn if the bull started to work.

Yeah, it's mostly new players who are all too eager to welcome bulls. I mean, i believe there will be a bull market but i'm not expecting any time frames. You just open yourself to disappointment if you make such rash expectations.

Yes majority of us are like that .  we only want bull at all time and we dont care if how can we afford to buy cryptos because we are not investors . we dont buy cryptos but we are only selling our cryptos at the highest possible value because we are a workers here in this forum  . but the more we expect for a bull run to oocur the longer the time that we are waiting . its funny and disapointing at the same time but thats true  .

It is not possible to do so. And in addition to that, it is actually the bull that is going on and not a phase before bull. The key to making profit in such a situation is your holding of Bitcoin. If you do so, and in bulk, you could end up making immense profits in the cryptocurrency market. If you are looking for big profits, you would no doubt have to wait for a hyper bullish market which is something that can make you big money but that takes time.

This could be the one of the best reasons for another bullrun, losers of the past downfalls will become hodlers of the present and if another ATH would come another multiplied losers(new to crypto who doesn't know a thing) will become hodlers again. And the cycle goes on leaving bitcoin to be scarce. Remember  if you bought a Bitcoin now, there are many millionaires around the world would be dying to get yours in the future where it will become a million dollar, so you would be a millionaire in no time. Some says it would take around 10 years to 16 but what McAfee said it is going to happen by 2020 and he would eat his own sausage if it doesn't. He tweeted 500k USD first and then became a million, that was a scary bet though, couldn't imagine how would he eat his own...

If the bull run happens too soon, then there is always a chance that it may not be able to sustain itself. First the basics needs to be strong, and till now I am not seeing any hints of that happening. But those who are hopeful about the future can always buy and accumulate the coins.

And I say who will give us the volume necessary to push us further, time is always there and anything can happen at any time, but we need to be making research on people who are capable of creating this volume. We really need large institutions to come in now to create such volume, otherwise, we may be a little stagnant in this price for another 3 months.

Most of the institution I have read on this forum that is capable of increasing the price again have already accumulated enough and we need fresh investors that will come inform of institutions with large money to create the volume,       

I agree with you, this has nothing to do with particular investors investing and controlling the market. If it was true the price would have dropped below than what it is right now. Let’s just say that there is an increase in demand as at this time and that’s why the price increased to this extent. It has maintained the $5k rate, though it’s still below what it was around last week and earlier this week.

Funny how everyone keeps talking about rise and everyone believes that Bitcoin will continue to go up and will never go down. They have all forgotten the risk and how Bitcoin is built. Everyone forgot that the price of Bitcoin and every other crypto has the possibility of dropping down to zero. Nah, no one is aware of that.

There is a huge doubt that this impressive bitcoin rally would last long, so we have to wait and watch until the thing stabilizes. We don't have to rely on indicators much, as most of the time they go wrong.

Only time which can decide in what trend bitcoin was. Because we know this pump still on short time and people actually can't decide it is on bull trend or not. Because trend means it keep increased until reach it's ATH.

If we will wait until it break it's ATH then we will be late for the accumulation.
The market is bullish but it doesn't mean it has to reach the ATH, whales are in the accumulation stage and if this is true, price would not go down anymore.

Volatility has long been the nature of Bitcoin. One of the basic strategies in investing is the process of buying a particular security and holding into it and potentially sell when price rises. No need to rush things, don't panic, it takes time for the market to recover. Stay patient and be positive. The market is starting to upsurge, trust its potential that it can get back on track at the course of time.

It can be hard to predict as to when bearish market lasts and when bullish market will take its place. However, I'm still positive and confident that market has so much potential to bounce back. It may take time for it to recover, but don't be so discouraged with it. It's not all about glory days, it can be wearingly boring to wait but look forward for its rewarding outcome. Don't be too affected with it, instead of worrying too much, make use of your time to be productive, continue to learn, and take a look life with optimism.

People that rely on indicators absolutely misunderstand the concept behind the uses of it because it was used to predict the trend which the market may poses but it does not guarantee that the analysis is totally right which is why most senior analysiser will always tell people that their predictions is not trading advice.

Honestly, we usually said patience is what is needed the most in crypto investment but 35% of cryptoneir are totally patience because the crypto market surge for days, the market are still speculated and wishing the trends stay alive but what everybody are saying is that the bull run market is back.
We need to face the the truth and like the OP said bull need time.
Mirakal, whales are not in accumulation now if they are the trend will increase simultaneously every day.

It seems that Stochastic RSI has not been able to tell the price of the crypto market. Our crypto market has a lot of whales and their strategy always changes over time. we will witness many times such absurd events many times. so don't be too obstinate, watch and just set up an investment strategy to make money. ;)

Right.Take your time.If we see the market dumping like in a long span of time,then for sure it will also make a good pump after every dump.Bulls need time.We need to be optimistic all the time while investing.There's no need to panic as this will only cause us pressures and even troubles that will end up a negative result.

These new users and even the old ones are getting consumed by their lack of patience, when we talk of investment now, many people talk about a quick one, I wonder why they are not patient with ICO investment, these is not their first time of investing in life.

Some of these investors already has lots of experience through other investments they have gotten themselves engaged with in the past such as IPO, Stock and exchanges which they usually even wait more than 3 years sometimes before catching profit, I see why they should come to ICO and use the little opportunity that each coins has to grow to fill their pocket not considering the functionality of the system.

Different predictions will give different results so what we can choose? that is why it is not accurate all the time it is just an assumption of how the market will react.For now the market seems bullish again slowly and steadily after reaching $5000 mark,steady growth is a sign of beginning of bull run and it doesn't look like trap since we are already staying in this region for a while.

Using indicator to predict a long term investment is absolutely impossible but I think it works mostly for day traders and I think if it has not really been working for them, there would have been a lot of discouragement about it.

Indicators are very useful in predicting the real situation of the market, but like you said, most senior analyzers do not rely on technical analysis alone; they mix both technical analysis and Fundamental analysis to conclude at their own prediction. If prediction through indicators for a short term trade is to be looked into, it should be from pro traders because indicators alone will never work for a newbie.

Thats why its called analysts because they are just analyzing but nothing is being specific,and no particular is mentioned by them to be accurate.never forget that this is own money and we are responsible for each sent to be spent in trading.so if you fail nothing to blame but ourselves only

Will take that option. Even i not hold a lot of coins for now, at least i believe bull trend will come. It is only matter on time, when that time come, a lot of people will start again to believe in crypto especially bitcoin.

If the indicators are not giving us any proper sign of market movement then traders can make their won analization, as they can see the price is continually changing so they can move and takes step according to the market traders discussions, bull will be there soon in market price has started to rise higher with the amount of 5500 dollar and it is increasing even more than this with time.

Bitcoin is an in flattery commodity has it way of balancing the transactions in between and at that it price movement in always in a systematic form. Once it increase it most correct the chart and balance the transactions.

Btc is on the bull run and markets have picked up well and has crossed 5250$ now. It has being a good quarter start for this year and if things continue this way you can make the most out of it as rise will help people to make more money.

Very good start and hopefully we will also end good.
I'm happy with $6,000 by the end of April, and $10,000 by end of June, what do you say? I think I'm not being unrealistic here, we are due for this.

Yes, but I guess that they cannot predict with the right number because they don't know about that even if they are a pro trader. Actually, if we can analyze directly on the market, we will find some sign from the coins so we could detect where the price wants to go. But yes, that will not easy as we can say because we need to search in the market.

I don't think in the end of April we will see bitcoin $6000, also as you predict that in June bitcoin will be $10000, it looks strange. However time will decide what is going now, but about my prediction hopefully in the end of the year bitcoin will be $10000 to $12000.

All your predictions are seem to be realistic . i do believe that we can achieve 6kusd just before or after the april ends because right now the price is at 5000 k plus dollar   . it increase with small increments after an hour or two but it also drops a little after a day .  the op is right  that the bull run needs time but its okay because this can give us a window to prepare  .  i like the bull this way than compare to an unexpected bull that comes in  instantly  .

I know that but I think we have waited long enough and suffered a long bear period in 2018 and this year will surely about the bull movement. It's very subtle but huge partnerships are already happening and the clues have already been reported like the samsung and google support for the crypto customers.

If google and Samsung are supporting cryptocurrencies and bitcoin then we should expect a very high pump in pricing once that there began to invest in.  I think we are not going to have the longest downwards trend we experienced in 2018 in the next three years and I see many goodie coming up.

So let see what is going on in April, because only few days are left to end of April, but i never say that bitcoin will not come on $6000, i said that in April, it is difficult but i am sure the next month of June, bitcoin definitely will come on $6000.

As of today, we are still above $5,000 level. Bulls need to hold this $5,000 level, based on the chart, there's always a bounce on $5,000. Bears tried to go destroy the $5,000 support last few weeks. If BTC price will go down $5,000 below, it could dump harder. Range around $4,800 - $5,200 is not my trading zone, really much sideways on this area.

I agree with you. It has been more than one year since the bear market has started. I think the market has corrected enough and it is time for the bulls to show up. A lot has progressed since then. And if what you are saying is true, then we should see a much stronger and longer bull run this time.

It is not the bull run yet. Bulls will come when you see that Bitcoin added 25%(+/-5%). Now we see the slow growth of the market, and this is also very good. It gives many guys a chance to make money.

Bulls will break any kind of single indicator like Stochastic Oscillator when it is the right moment to go up. In my opinion we are still in the consolidation pattern. If we break $6000 level I might start being more bullish, but until then I am neutral with a little bit of bull bias.

I feel like we are closing in on the end of accumulation. It feels a bit different however, so a slow grind to even around 9k+ is very possible, this would mean a slow nudging up over the course of next year or 2. It helps to build stability and gives infrastructure some time to catch up.

I think that the Bulls will do what they have to do when they have it planned, because it does not take into account what the RSI indicator says, since the RSI is not the indicator of what operators, investors and enthusiasts think. every moment, that is why it is impossible for an indicator to inform what is going to happen. The indicator can only help to have an idea to determine what is happening at that moment, the bulls in a certain case what they need is to be in the right phase to act, and that phase has not yet entered the market, since we are in accumulation phase, and this phase can take many months or years.

We are trying our best mate(in a distress call), the bears are just getting too strong and they are there too in this forum watching every of our moves, but don’t worry, we are stronger than them and I can assure you that we BULLS are up to the task and we will never allow BTC dump harder again. Hope you enjoyed my little drama lol.

Back to reality, I think the bulls are really strong now to keep the market stabilized at $5000 pending the time we get some factors that will strengthen the bulls to  pump the price harder and I believe that it will show up very soon, So let’s just keep waiting and hoping.

After such a prolonged bear period. Bull definitely find it hard to fight bears. If you would have noticed, btc is trying to cross resistance one after the other. But it is taking time. After every resistance it crosses. It corrects. But it doesn't go down badly. But still stays up. This shows bulls have come with enough volume. It is a matter of time before we touch $6k.

At least there is a hope after an year.

We will always remain as supporter and well wishers of bitcoin and I have personally benefitted from bitcoin as it have drastically improved my standard of living with the earnings I have made out of it but as you have rightly mentioned there have always been some or the other hurdles in the way of bitcoin let it be negativity from users which leads to massive dump or regulators.

There's one thing I'm sure for the nice and slow increase of bitcoin price, it's about the increase in confidence of bitcoin investors. The demand for bitcoin is not changing. It's the confidence that determine if they will withdraw their bitcoin from the market and hold or put them in the market. This is the reason why cryptocurrency price is based on speculations.

As confidence builds up, then the bulls are ready to roll. Don't expect to much this year. Let's.just hope for the best.

Bulls really need time for them to fully execute the bull run. We should be patient because it is all worth it once the run started, it maybe so hard to just wait for more than a year but all i can say that it will pay off and you will have a lot of profits once the bulls starting running and you will thank yourself for not giving up.

In this scenario, though it is hard time for traders to decide what to do. Definitely they aren’t aware of what would be the state in next few weeks and months. They mostly are optimistic but surely some soft hearted are here as well. They are afraid of losses that’s why they think of making some deals. But again, humbly advice not to bend down. You people have borne all this since last year, keep with it more and you will be benefits coming up.

Bull definitely needs time to stop the bear market and for us to help us to get back all of our losses due to the decrease of cryptocurrencies, especially bitcoin. Everybody really starts to panic when they started to see all of their holding to decreased it's price, that is why many have stop investing and do trading too. But for now, i can say that the bull market is starting to rise up again because i see that bitcoin is starting to increase it's price again and i am hoping it could reach price up to $20,000 again like last year of 2017. It is the reason why i am starting to do trade again for me to get back all of my losses by looking for the good trading platform where i can easily convert all of my fiats or crypto into bitcoin and vice versa. Until i found about Darb (https://darbfinance.com/?=crowd) finance where it is the most secure asset trading platform and allowing you to the fast transaction.

Bitcoin has already shown good growth in the last two months and I think this is an important sign, other cryptocurrencies also do not stand still, showing an even greater percentage of profit

It came back to 5200 from 3150 dollar agree with you, and if it can break 6200 dollar, real bulls can come again but in this year I dont expect this scenario much.

I do agree. Taking into account the indicators in the crypto market wont just help you come up with a value that the cryptocurrency you hodl would achieve. That is just wrong. We should learn from the market and the history.

We know that we have been through phases when Bitcoin and cryptocurrency were thought of as scams in the market and were abhorred. They made it big. Regardless of the indicators, speculate for long run.

To be honest, the price of Bitcoin had been down for more than three years back in 2013 until it hit the peak in 2017. This is a sure thing that the market will appreciate and depreciate and people who invest in the down market make the maximum out of it but they just do not have any influence over the market. Whales could play a role in bringing some changes but I believe that fir now, we are in the mood of recovery.

Bulls are getting ready right now it seems because we are slowly recovering toward $6000 levels. In some sense, we are already into bullish markets but people are sharing like they will consider about bullish market only after bitcoin prices reaching $10k levels. So, we may assume right now bulls are still getting ready to "full bull mode".

Just like most things in the world, the crypto market also needs time to recover. Bitcoin value will always be volatile and speculative. Investing in cryptocurrency especially bitcoin requires patience and thorough analysis. Just sit back, relax, and wait for the bull run. Anyone in this business should know that ROI and profit take time whether it's ICOs, alt, or BTC.

I agree with you, all of that takes time, where the prices traded are unlikely to be stable, there must be a price tug, from buyers to sellers.  anyone who has large funds he survives

And eventhough we have seen some pullbacks today, I think this is healthy in the long run as investors might take some profit and then will re-invest again during dips.

As for the bulls, timing is all we need, and the less we anticipated a comeback the more they gather around and run the course. I truly believed that we have entered the bullish zone and there's no stopping them except for some pullback. But it will just be resetting themselves for another run up to the end of the week.

  Yes surely the price will be high to the moon because we can notice the market condition since long, but we know everything needs time to happen, if the price is down we should hold it with patience, infect same as 2017 price can even get higher within weeks but we will have to hold and never look back to the market falls now just be sure price will be high very soon.

How would they not show good sign of increase when their king is already out of the bear market, but for them to become greener, the forces behind it really needs more time to act well, we also need to assist the market to. I wish we canal just agree to use 2019 to hold on to our coin and keep the market green.

Anyway, I am just solely waiting for some fundamentals to really materialize, these factors are the ones that will really get us to the bull run, first, let’s see the effect of Facebook, I am already seeing the effect of delisting od BSV, I think that one has contributed why BTC has stabilized above $5500 for a while, unlike before that some investors would have dumped at that price.

Price will never stable because crypto currency is really volatile and it moves in the market, we know crypto market improves with the passage of time so I can see my way of making money will come to the track, bull takes time so instead of being greedy for miner profit wait for right time when price will become so good to sell.

yes, of course every change takes time, as well as the price situation in the market, now the price has seen an improvement but to reach the bull run it seems we still have to wait for some time to come.

As far as I know, stochastics is a reliable indicator only in a calm market. In the trending market, it is absolutely useless. Therefore, I would not strongly trust this indicator now. The cryptocurrency market in general often defies technical analysis as well as the stock market. But it should be noted that the last year the market has become more predictable. Yet it seems to me that volumes are an important parameter of market recovery. Of course, as we all know, they are overstated, but less so they are an important guideline.

Patience mate, that's the only thing we have to do if like to see a good price, a bull run will easily turn this market into a good market.
We have witnessed a long bear market and it does discourage some investors  but we should not give up now that we are close to our expectation.

Bitcoin's ATH will not stay at that price forever, though the price had dump but the fundamentals is good, so price is expected to rise again.

I am not very sure about the price prediction. Because this is something uncertain and is only determined by the endogenous and exogenous factors of the market. We should not even compare this Bull Run with the one we had back in 2017. The reason behind this is that we have gotten things changed in the crypto space.

We do not have that similar market. There are so many other altcoin, tokens which could shift the demand from Bitcoin. For profits, stay in the market because we have Bull Run.

I agree that the bulls needs time in order to recover but while we are waiting for it what are we going to do? have we figure it out already our plans? well in this case we should study and be ready on what might happened when the bulls is on fire again but right now while we're studying our strategy or getting ready for the bull, why we don't take advantage at the swings in the market. I think we can get a decent amount of income or profit from swing trades.

And that time has arrived, the price is trying to breach $6k, maybe in the next day or two. So definitely, they already inside and maybe some new and fresh blood or those who opted to exit as early as mid last year and now are going back into the ecosystem again.

Exciting times ahead, and be sure not to be left out because we are already very bullish.

I am very agreed that Bulls need time. As you can see, bear market was already running for almost 1 year mate.
And yet bull run so far is showing a good signs at the moment in the market. While Bitcoin was increasing its value, majority of the
altcoins out there are getting dump its price value.

We were able to breach that $6k already, it's trading over $6K now in Bitfinex, I would not be surprise if price will shoot up in other exchanges like Binance.
Keep the ball rolling, we clearly now in the bull market, ;D

The uprise running still heading to it's good position and breaking $6k mark is nearly been achieved to most exchange aside from Bitfinex, the continues pumped really helps to bring newer investors to also take the risk, while whales is not showing any indications to create a massive dump bringing the
value back to a bearish again.

If this will continue this month then another barrier will be break again after $6k, maybe $7k or $8k just small run but strong supports not to fall hard back again.

Yeah, we really cannot compare the conditions of this year with 2017, because it will be different. but with price movements this year similar to 2017, where prices are slowly rising and may be mid-year until the end of the year, high demand will occur. because halving will certainly make many people interested in buying. Indeed bulls need time and I think 2 year is enough for bitcoin to recover..

Bull run of course need a time to ensure that support volume is strong enough to break some resistances ahead. When its support is really high, then it's very easy to break its resistance otherwise, it's gonna be hard to break the resistance if the support is not strong and might be to retest the support area below the current price.

I hope the price can increase more than $6200 ;D

I see there is a big chance for bitcoin to break $6200 level and still going to go up although the trend now is down. Maybe we will see some surprise in the next week, so we need to be ready for that.

Perhaps this will happen when the Altcoins are almost up. When Bitcoin reached $ 5,700 after a year of heavy falls. I think in the future the bear market will end and bull run may happen.

It seems to me that we start treating these so-called bulls like real creatures. Suppose, the period when we see how the cryptocurrencies are going up is very close. We were waiting for it too long.

There is no unlimited supply of bitcoins as there are a limited number of bitcoins present in the network. Some of them might be remaining to mine out but most of those number is in the current circulation. The lesser the supply would be the more the demand would be for any specific commodity.

If the total amount of bitcoins are been shortened then the demand for the will gradually rise and the price for bitcoins with meet the All Time High. This could be possible if a x amount of bitcoins are been burnt. That is not actually possible but just one of my opinion. The supply for each commodity should be in our control to keep the price and demand in our control.

Bull markets entirely depend on the price for bitcoins. The higher the price for bitcoins would go the more close the bull markets will arise. Bull markets will make us see all major altcoins including bitcoin, etherum, etc on the highest peak until now and the number would keep going in the ascending manner.

Such bull markets could be welcomed soon as the price for bitcoins is really going on the peak after the heavy fall later mid 2017. The ones who would hold most of the bitcoins in these bull markets would be the future millionaires. bear markets are on the border of extinct now and atleast for a year from now, we can see bitcoins and all other altcoins on a peak.

Your analysis should have some chart to definitely tell the community or the NEWBIES what the market movement is. I believe with a clear view of what you are talking about in the chart will make a long way.

Yes it is true that time is always important and it will happen only it reaches it's perfect time then only the the possibility of bull Run will available but in today situation I think it will already starts so we need to wait very low time then the profit is easily available for us.

The problem is that many Bitcoin users don't have enough patience. They want everything now so they don't respect time and that is mistake. Nothing happens over night and not every price rise is bull run. But users behaviour shows that Bitcoin price has become the only thing that matters.

The more we give fine and transparent analyze the more people will trust it and the more it will be applicable by investors, so give proper evidence about what we say related to market, bull is on the way because recently new investors got in the market which improved the price value of the coin and it made trading even more profitable in 2019.

Patience would  still be the best virtue in trading aside from those trading skills and strategies we developed along with time. Crypto market has always its fluctuations and so price varies every now and then. If you are not patient, you will really lost your good analysis in trading but if you are patient enough, you learned to wait for the perfect time to trade, then more chances for you to be profitable in trading.

I think you just need to relax and wait. because growth usually begins when no one expects it. patience is the key to success. The market cannot fall all the time, which means the bull season will come soon.

Well, holders are relax, we should do that to be called a real holder.
The price movement now is good, in fact today ETH had a good increase and that's very healthy for the market as it's not only BTC that is increasing.