I have been fully expecting the bottom to last until at least late Summer, if not into the Fall.
But here we find ourselves with BTC holding $3700 and up for like 6+ weeks now I think and gradually increasing week after week with it now right at the top to the bottom range at just under $4200 and still continuing to steadily push on up from $4000 to $4100 to right now high $4100s.
Will it dump back to $3000s or are we gonna see it just keep gradually building steam or a big squeeze and watch it shoot way up, and if it does shoot up will that signal the start of the bull market like Oct 2015 or is it a trap and we've still got months of bottom to watch?
For now bitcoin is making good progress after some weeks of corrections in pricing. It is truth that everything is possible and bitcoin can still fall to 3000 or grow back to $20,000 but we are hopeful that it is going to be more of the bullish trend than the bearish trend. Traders are making good money from this up and down of the pricing and it is important that we also learned how to trade. Some investors only focusing on one directions of prices. I think the patience one are going to make good profits in some months or years to come. |
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With a lot of news in the crypto world I think we are ready and set for the next bull run. I am positive about it and I believe the market will not be bearish forever. I actually want to hear your view on this particular topic.
The next bull run is here and it might not going to be one time as it was in 2017 but a step in time. Bitcoin is trying to survive above $4500 since morning and if that level is sustained we should be expecting the next level around $5000 . It is not going to be a hurry up but a step in time. Remember that in 2017 it was a new part but now we are now following the old part of 2017 and 2018 support and resistance level. |
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Bitcoin has resuming its bullish trend and you can now check here to see what is happening https://coinmarketcap.com as at the time of making this post it is above $4750. The next resistance level is around $5000 and it is a lighter one! My mind is now around $5850 major resistance level and we are began to see what I said before around two days ago when this thread was opened. All the technical indicators are showing bullish signal and if I have the time I could have analyzed them and post my view on each of them here. Be patience and keep holding as I am doing also and I strongly believe that the future holds something for us like some of us that become rich through holding in 2017. |
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That is great news and we are expecting more good bullish trend. It seems the bear market is over and more positive news are flowing into the cryptocurrencies market. It is good we know that some of us that are bullish keep making positive comments here about the market and that has started affecting pricing. I strongly believe that this year ending will be far better than last year. I pray the spake in price continue as it has been happening before.
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Do you think that 2019 will be a good year for Altcoins ? and if yes which of them will performance the most ?
There hopefully won't be many more years which are good for altcoins in general. The market needs to shed the thousands of shit coins and be focused on the handful of projects with true promise. There's no reason why shitcoins should be doing 10x or more like we saw throughout the last bull market. I do agree with your post and of a truth there are many reasons why the cryptocurrencies market fall from December 2017, throughout 2018 and now 2019! One of the reasons I have think of is we have many shitcoin that are not contributing anything to our society but some of them were having huge value in 2017. Now everything has fall down and those altcoins that has significant values and products are going to enjoy the next bull run that may start around August this year in preparation for the bitcoin halving in may 2020. |
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Read an interesting article on gambling altcoins that I posted in the BTC gambling forum but was told I'd likely get more discussion here. The article basically concluded that gambling alts (like FunFair, Edgeless, Wagerr etc.) are undervalued given that gambling is a key use case for cryptocurrencies. Of course, FunFair at one point had a $900m+ marketcap (now just $21m). Do you think these coins will bounce back? Will new ones emerge? Or do you think most people betting with crypto will stick with Bitcoin? Here's the article: https://www.cryptogamblingnews.com/crypto-gambling-undervalued/There are many altcoins that are not going to survive the bearish trend that has lasted too long but however we are at a recovering face and those that has products behind them are going to recover and makes significant progress in cryptocurrencies market in the future. The gambling coins are not going to died and now is the best time to patronize them and make good money. Since most of the gambling coins are undervalued I believe that in years to come when the market recover we would start to see there really values. |
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Step by step analysis of bitcoin market, this current year 2019 bitcoin will be recovery its price and reputation. I think bitcoin will be highest soon or later in this running year...
We are having alot of adoption these days and it is a sign of future up raising. I strongly recommend that if one has risk capital, it is the right time to invest and become rich in future. I think we should not be discouraged about the current happening because it is a recovering face and it might takes some months before we can see strong bullish trend. I believe that 2019 towards 2020 will be another 2017 in bull run. |
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since I am not native English speaker nor good analyser so exposing scams was easy for me.
I think above statement has typo. You are really inspirational. Being not the native English speaker , the feat you achieved here is commendable. I respect your hardwork in exposing scam. I hardly read along post from beginning to the end but I have to do this time because of the point op was making. It is really inspiring and of a truth I do learn something new today! I think after reading op post I understand that merits are really earned and not gift! Exposing icos scam is one of the desire I have too but I am limited by time as a traders and investors. I have invested into many icos and projects that turned scam and some of the developers will still open a new ico and projects but since op is exposing some of them I will following his posts. We are happy having someone like you in our mist. Goodluck. |
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I abandoned airdrops around February last year after I discovered that it doesn't worth much and though I have received some tokens from airdrops it is not easy to sell them. I think I have not done bounty either for more than six months now because the last bounty I did for both signatures, facebook and twitter campaign did not pay me well. And some of them has closed icos for the past one year now but there are not listed in any exchanges. Some of them in fact has been abandoned and others has been turned to scam.
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The bullish trend is still far from happening. It only raises a few dollars, if the price reach or pass 5k then I would believe that the bull is coming. So far it's still at $4,060 and didn't get over $4,100.
You can now check https://coinmarketcap.com. since yesterday after this thread was opened there is a high significant gained. Bitcoin is currently around $4225 the highest so far this year. The strongest resistance level I know before $5000 was around $4250 resistance level. If that level is broken? bitcoin has entered another channel but this time an upward one. However, this is a personal views and not recommendation to invest. I have been in this market for sometimes now and I hope we make more money by buying at the right time! |
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Most of my time for the past year I feel kinda depressed. I dont really have any passion and I would prefet to do nothing rather then to do something usefull.
Can you guys please give me any tips on how to end this?
There are many experts that can handle this problem you are facing. I will advise you to used Google Search engines to meet those experts that has solutions to your problems. Depression is a bad thing and it can lead to suicide and that is why the earliest you can connect to the solution the better for you. I passed through that before and I find solutions in the word of God writing in the Holy scriptures. Since then I dedicate times for prayers and meditation which has helped me in great measures. I will said we are not going to have a bad days if we tried to give ourselves to something we love as depressed do come through doing those things we did not love though we keep doing them. May the spirit of God help you sir. |
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We were advice during my forex trading by trading expert that .... we should focus our mind in .... our gut instinct and we were told that it can not fail us but making us rich.....
I hope you didn't pay for this advice. Undoubtedly it seem that OP paid for such advice. A little bit confuse because am not still yet a good trader. Instinct has nothing to do with making more rich; when trading on a positive mindset but trading skills does. As a little trader i am, i ensure to put my skills on work to earn a return from trading. @Xcana, I know you will not come here to read my reply and other people that will make quality posts concerniing the issues of discussion but let me tell you what you me not understand about others and trading. Trading is a thing of the mind and this is because it deals with emotions, decisions making and be able to summon courage and buy or invest at the right time. Your guts instinct is what enabling you to buy or stop trading after analyzing the market using both technical and fundamentals indicators. I am an experienced traders and I have been to many places in seeking for how to perfect my trading decision. I started trading since 2007 and uptill now I am still trading forex, stocks and commodities. I have makes money from trading no doubt but guts instinct is one of the tools that do help my trading decision after proper technical and fundamentals analysis. |
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From the look of things it seemed the bullish trend has commenced and most of the langing indicators are showing uptrend signal. I am a lover of bullish trend and I do wish the market keep going upwards with a little reset along the ways and I do believe that we all has the desire of seeing bitcoin and cryptocurrencies market be in good condition.
The bearish trend that commenced in December around 15, 2017 seem to be over and now we are awaiting another bull run that may create another pathways that we have never seeing before. My desired is that all the cryptocurrencies holders and enthusiast become millionaires, billionaires and the leaders of the world financial system.
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Recently some positive news and frequent promotions from some platforms make me think if the bull market is on the way.
The water period in southwest of China starts from March and believe hundreds thousands of machines will be re-opened to join the mining, meanwhile the mining difficulty will definitely rise sharply.
Besides, many cloud mining platforms are moving these days: bitdeer, hashnest, genesis mining, cryptouniverse, bitdeer is the most active one, giving away gifts, coupons, even starting other crypto mining except bitcoin.
I'm not sure if it's a real bull, but seems we need to decide which is better for us : hold cryptos or put them in mining again. Is it a repeat situation of 2015??
It is more safe to invest now that the bull run is about to commence instead of waiting for the time that it is in full force. Many investors and speculators are saying positive things about the market and we are to see cryptocurrencies at the accumulated cycle of the market and buying now is the most important thing to do. The Chinese miners coming back to cryptocurrencies minining will make mining very difficult and in turn affects the market. |
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 Fundstrat Global Advisors co-founder Thomas Lee broke with tradition about Bitcoin (BTC) price forecasts on March 14, telling CNBC he thinks a bull market could return within six months. In an interview with the publication, Lee, who is well known as a Bitcoin bull — but said he would stop giving out timeframes for a price rebound in December — now claimed August could see a market U-turn. “I think the key number to watch is the 200-day moving average,” he told the network, continuing: “If Bitcoin holds above $4,000, it’ll cross its 200-day [moving average] by August, so I think the outside window is five to six months before Bitcoin starts to look technically like it’s back in a bull market.” Referencing Bitcoin Cash’s (BCH) contentious hard fork in mid-November, Lee stated, “I think the damage that really needs to be repaired is that drop from $6,000 to $3,100,” adding: “I think it really undermined investor confidence and the dynamics around the market[.]” As recently reported, Bitcoin had begun to deliver returns to investors through February, with average daily increases of around 0.5 percent. The number this month has shrunk, with daily numbers closer to 0.2 percent, leading some to think a fresh bear market downturn could be imminent. Since peaking at all-time highs around $20,000 in December 2017, Bitcoin has seen the longest bear market in its history, with subsequent lows averaging just above $3,100. In December, fellow market analyst Tone Vays sounded a more intense warning, forecasting BTC/USD to fall to near $1,000 before bearish sentiment definitively ends. Reference: https://cointelegraph.com/news/bitcoin-price-breakout-scheduled-for-august-says-fundstrats-tom-leeI do agree on his views about the market and I am one of his followers. Tom Lee is always positive about the market and probably that is the most reason why he is one of the top guys in cryptocurrencies cycle. The bearish trend that brought us to the current market conditions is almost over and the bullish trend will soon commence but the bull run will happen around that August. |
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I personally prefer centralised exchanges, they are very easy to use and although I am a blockchain enthusiast and love everything built on blockchain, I tend to dislike decentralised exchanges, trading on centralised exchanges is very fast and fees are very low.
I do prefer decentralising exchange because you have the control of your passkey and that is what is most important in blockchain technology and decentralized system compared to the third party system and the centralized exchange. However, because of the ways majority of the centralized exchanges like : poloniex, bittrex, binance, cryptopia and hitbtc has performed we tent to like centralized exchanges more than the decentralising one. In centralized exchanges our fund is not safe and it can be easily been manipulated but decentralized one help in safeguard our funds. |
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Of course there will be regret when you miss selling when the price is high, but still holding and waiting for the price increase to reach 50k - 200k also seems to be a false hope.
Why did you think that bitcoin grew and become bullish till it reach $50,000 and $200,000 is a false hope? I don't think it is a false hope because bitcoin is going to be traded above $500,000 one day. Investing into cryptocurrencies now that things are going to change in directions and before 2030 we are going to have a great price that the $50,000 and $200,000 will become child play to what is going to happen in future. Don't think that there is a limit were bitcoin can go and it is important that we understand that the future of cryptocurrencies market is very bright and if we really want to makes money in future now should be the time to buy and hold for the next ten to fifteen years. |
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hi guys
There is an awareness role played by the hunters in bounty campaigns
I see that when they participate in any campaign
It means that the project is trustworthy
This holds hunters a great responsibility in fighting scam project
So I advise any hunters to read well about the project before participating in it campaign.
How do you see the story?
The bounty hunters are the promoters and the aweaness creators. The roles bounty hunters play is an important one and that is why we should be very careful on the projects we promote because it is what you said about those projects that makes investors to put their hard earned money into those scam projects and icos. Because most of the projects pay there tokens after icos it makes bounty hunters to face two things, fakes tokens paying to them after 6 months and you bring people into a scam projects. |
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The question is always how do we sanitized it? Many of us are not happy losing money to fake or scam icos. I have over 20 icos and projects that I invested in last year but currently about 10 of them are scam projects and the remaining one my not recover. The cryptocurrency market especially the icos market need to be regulated by governments agencies and to me that is the best way of bringing sanity to the market.
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Currently bitcoin trying to stay above $4K. And its positive for holders. But most of time fail to stay above $4K. But according to trading volume bitcoin is healthy enough. Although still it is on bear mode but anytime we can expect bounce from $4K. It's long time just playing between $3.5k and $4K. So according to Bitcoin history we will see some positive movement hopefully.
If the history will be followed, we can expect that the price will rise over $4,000, or even higher than it's all time high. The possibility is there all the time, the only thing that is not certain is the time, no one knows exactly when the price will reach to our expectation. If bitcoin can remain above $4000 for a very long term, it will mean the recovering face has started and we would need to see that if that can happen the next strong level will be $5850. We have seeing bitcoin trying to break $4100 to $4250 trading area and since December it has done that several times without success. Currently bitcoin look very healthy but it is still making another minor corrections again and it has fall below $4000 today again. A sideways trend like this is a good one because we are keep on challenging the wall on top and for sure later ok we will convincingly break it and make a new up trend. We should really stay above on $4k level to confirm if there’s a big price changes this year or we will remain on the sideways and make people more uncomfortable to but more. I agree with you and the views you have shared with us. The sideways market is good and it is a sign that the bearish trend is almost over and the accumulation time is about to be over. If you did not buy now you may be left out of the next bull run. Bitcoin has tried several times to break the upper channel of the current trading cycles and I believe that if there is a breakout it will be heading towards $4800 and another strong resistance level at $5850. |
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