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Author Topic: REASON FOR MARKET RECOVERY  (Read 696 times)
SportbetMaster
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December 19, 2018, 10:05:11 PM
 #41

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.


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kamBlanV
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December 19, 2018, 10:13:35 PM
 #42

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.

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December 19, 2018, 10:14:57 PM
 #43

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

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.
 

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prasad87
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December 19, 2018, 10:17:36 PM
 #44

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.

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bright4mech
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December 19, 2018, 10:49:12 PM
 #45

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.
pixie85
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December 19, 2018, 11:10:31 PM
 #46

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.

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.
CryptoGosu
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December 19, 2018, 11:30:32 PM
 #47

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.
blackhawkeye1912
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December 19, 2018, 11:36:00 PM
 #48

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.
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December 19, 2018, 11:43:35 PM
 #49

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.

zoeylee
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December 20, 2018, 01:50:55 AM
 #50

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.

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AnthonyMark
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December 20, 2018, 02:29:50 AM
 #51

your sharing is good. i agree with this opinion
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