Is Bitcoin Bull Market Coming?

[Huobi-USD]

Is Bitcoin Bull Market Coming?

[Xialla]

this month? because of recent movements? I don't think so, anyway, I like that market is quite "active" again. I expect some big bull movements in 4-6 weeks..

[medUSA]

This mini rally is backed up good volume. Yesterday's trades is the highest in 2 months. I would like to say bull market is coming, but it is isn't (yet). We had similar mini rallies in February/March and we are still at sub $300 range. If you look at the bigger picture, we are still below 200 day moving average and we higher volume (closer to mid Jan levels) to confirm a bull market. We are getting there!

[Q7]

When it dropped $10, I hardly call that a drop in the first place. Even right now, when it's moving in the opposite direction, it's hardly a bull run. Whichever direction when it comes to bitcoin, it must move a lot and very fast, things like $20 - $30 in a matter of an hour to warrant something you would call decent. At its current pace, it seems good enough for me.  

[nkryptd]

When it dropped $10, I hardly call that a drop in the first place. Even right now, when it's moving in the opposite direction, it's hardly a bull run. Whichever direction when it comes to bitcoin, it must move a lot and very fast, things like $20 - $30 in a matter of an hour to warrant something you would call decent. At its current pace, it seems good enough for me.  

In order for you to consider bitcoin market movement a bull run, you say fluctuations must be $20+ every hour or so?

I think in regards to the last month, this looked pretty bullish. When I look at the longer term graphs it's just a pebble in the road. I'm not sure what to call this.

[NorrisK]

When it dropped $10, I hardly call that a drop in the first place. Even right now, when it's moving in the opposite direction, it's hardly a bull run. Whichever direction when it comes to bitcoin, it must move a lot and very fast, things like $20 - $30 in a matter of an hour to warrant something you would call decent. At its current pace, it seems good enough for me.  

In order for you to consider bitcoin market movement a bull run, you say fluctuations must be $20+ every hour or so?

I think in regards to the last month, this looked pretty bullish. When I look at the longer term graphs it's just a pebble in the road. I'm not sure what to call this.

I would call it a pre bull "testing the waters" run. People are testing how the markets respond to price increase. Will they dump, just hold or start a panic buy?

[Amph]

i don't know, not so sure about it, i'm only hoping that it will not end like that 290 with a crash to 220 1 day after reaching it

if we can't break the 300 barrier it is better to stay more conservative

[eyeknock]

i don't know, not so sure about it, i'm only hoping that it will not end like that 290 with a crash to 220 1 day after reaching it

if we can't break the 300 barrier it is better to stay more conservative

well yes i must agree with you about that, but what about the current stability that we have now? in the other side this is not so bad yes?

[shogdite]

It's quite possible. People, smart people were waiting for the "bottom" to start buying. I think they realized that $220 was not going to be broken and have started freaking out because they had expected to pick up BTC for $100 or so.
Now the panic kicks in and we have our next bullrun.

[Amph]

i don't know, not so sure about it, i'm only hoping that it will not end like that 290 with a crash to 220 1 day after reaching it

if we can't break the 300 barrier it is better to stay more conservative

well yes i must agree with you about that, but what about the current stability that we have now? in the other side this is not so bad yes?

yeah, we remained for long enough to the 230 mark, that floor should be consolidated already, so we can only move up from there but it is better to achieve one step at time, instead of a big jump in the ditch, if you know what i mean...

[LFC_Bitcoin]

I really, really hope so. I've been buying regularly for over 18 months building a decent stash, I admittedly bought all the way down from 650 USD. The long time spent in the 200's has guven me time to bring my average paid price right down but I'm ready now, ready for an epic bull run. I hope it can bear fruition because I dream of riches I currently do not possess.

[lexuz]

Everything look like will happen, bitcoin up again.
but i dont want bitcoin up fast, i want bitcoin up slowly but sure.

[spazzdla]

Everything look like will happen, bitcoin up again.
but i dont want bitcoin up fast, i want bitcoin up slowly but sure.

Alas that is almost impossible.. once something sees a 5-15% return a year big players will start jumping in.. 5-50% a day.. then BOOM and then collapse.

[damiano]

No bull market here just a small increase and people getting excited dreaming of riches for a change. We don't have the volume and it no doubt won't come anytime soon. Or maybe I am wrong and a few big spenders know somethings we don't so they are getting their last coin before we do start a rally in the coming weeks. One can only hope 

[Huobi-USD]

I really, really hope so. I've been buying regularly for over 18 months building a decent stash, I admittedly bought all the way down from 650 USD. The long time spent in the 200's has guven me time to bring my average paid price right down but I'm ready now, ready for an epic bull run. I hope it can bear fruition because I dream of riches I currently do not possess.

Will you consider buying more if the market stays bullish ?

[pooya87]

i think it is so soon to call it a bull market. especially now that the price is back down to $240.
for now it looks like the price rising has stopped and it is going to stay this way for longer.

[WhatTheGox]

i don't know, not so sure about it, i'm only hoping that it will not end like that 290 with a crash to 220 1 day after reaching it

if we can't break the 300 barrier it is better to stay more conservative

well yes i must agree with you about that, but what about the current stability that we have now? in the other side this is not so bad yes?

Even if we go sideways for another year its a decent bottom to start a rally from.  Nobody seems to want to sell very hard at these prices either without some huge reason.  Things could just keep ticking along until we find a reason to go upwards.

[bitcon]

Looks like BTC and LTC are headed in opposite directions. 

[ammy009]

Is Bitcoin Bull Market Coming?

Absolutely Yes!

Our next target is to stable at $260-$280 for over one month

[randy8777]

the launch of gemini could trigger a decent rally, but i'm already happy with the rise we've had. if it goes up even more it will be a nice extra.