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Author Topic: Is bitcoin fever coming back?  (Read 3847 times)
wabashky
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April 12, 2018, 02:00:23 PM
 #81

I think it will take a lot for BTC prices to go up again. May investors should come to this coin in order to save and increase its prices again. I do not see a reason why Bitcoin fever won't come back again.
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retlaw04
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April 12, 2018, 02:05:34 PM
 #82

Smiley Smiley After its skyrocket increase, hitting $20,000/BTC in the late months of 2017, this cryptocurrency responded to the excitement of investors with a disappointing fall in the first months of the new year.

Bitcoin has yet been able to recover 50% of its peak as the Crypto market is still fluctuating. Bitcoin value has fallen below $ 7,000, recorded on 2nd April. The whole market is sunk in red.

Kyle Salmani, the founder of crypto-currency fund Multicoin Capital, which manages $50 million (41 million euros) of private cash, said: "This is a healthy correction after an exuberant 2017." However, Kyle Salman does not bet on Bitcoin's return.

In another perspective, Jordan Hiscott, investment manager at the Ayondo Markets online platform, added: "certainly the halcyon days of performance gains from 2017 seem long gone."

According to Coinmarketcap, Bitcoin makes up only 40% of trading volume in the Crypto Market Exchanges while the number was up to 80% just a few months ago. The keyword “Bitcoin” also has a low weekly number of Google search.

Bitcoin market will continue to fluctuate based on investor sentiment
"I wouldn't be surprised to see prices fall to $5,000 from here or go back above $10,000," said Craig Erlam, an analyst online currency trading platform Oanda. The majority of Bitcoin holders still keep their faith and are hoping for a dramatic change in Cryptocurrency market

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Everything can change so fast. Market capitalization has increased $ 20 billion over the past three days. And today, within just a few hours, another 30 billion. I think the game starts again.

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April 12, 2018, 02:16:13 PM
 #83

Knowing a potential power of cryptomarket I can make a decision that is possible. There are $1,2 quadrillion in world economy. $800B cryptocurrency capitalization is less then 0.001 of the money in circulation. Every day interest in cryptocurrency grows. And amount of not-mined bitcoins reduce.

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April 12, 2018, 06:53:20 PM
 #84

Finally i can answer your question today, because the market has some reversal today which might turned the table for the whole market,altcoins are growing together with bitcoin that is why i am quite sure that we are in a bullish trend right now and we should take the good opportunity that we have!this is the time that we should enjoy watching the market.

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April 12, 2018, 07:03:44 PM
 #85

The question "is bitcoin fever coming back?" is relative at the bubble caused from media on December when price pumped up from 10 to 20k in days. The right question is: When Whales will come back on cryptomarket? The price is now low only for the speculation from whales.

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April 12, 2018, 07:09:01 PM
 #86

I hope not, I want serious investors to enter the market
Interesting perspective WorldBiz. How low do you think it needs to go to attract those investors?
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April 12, 2018, 07:12:21 PM
 #87

Bitcoin today showed that he is alive and ready for new heights, I think one or two more drops are possible to completely get rid of those who want easy money and then he will grow again

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April 12, 2018, 07:13:49 PM
 #88

As far as i can today? it is going back to a $12k levels or even more because the bulls has finally shown to our market,it means all of the coins including ethereum and bitcoin is going to recover from almost 3months of declining and it is going to be a long bull run season as far as my technical analysis says,lets enjoy and take the opportunity of these bulls.

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April 12, 2018, 07:21:31 PM
 #89

Naah, today was just a big pump to get some short positions going. I myself shorted BTC as well.
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April 12, 2018, 07:26:09 PM
 #90

Did you see today that bitcoin started its upward movement? I think that many people jumped when bitcoin started such rapid growth, I very much hope that the bearish trend is over and we will begin a new bullish trend.
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April 12, 2018, 07:31:45 PM
 #91

there is nothing impossible for the bitcoin as of now because the market will now stabilize and then the price of the bitcoin will know pump and i hope that it will break it highest price before

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April 12, 2018, 07:32:47 PM
 #92

Naah, today was just a big pump to get some short positions going. I myself shorted BTC as well.
With the sudden price pumping users have gained hope on getting good profit on their investments. Possibly this will continue with more new people getting into the community buying bitcoin to experiment the good through it. Particularly the growth will last longer than predicted.

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cryptospear
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April 12, 2018, 07:34:08 PM
 #93

It has started today,few hour ago it was only $6k levels but now we have seen the $8k levels ! the last time i remembered was two months ago which makes this movements very bullish,the market has entered the bull season that is why these coins are going to be massive, we are talking about another all time highs few days or weeks from now.

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April 12, 2018, 07:34:59 PM
 #94

Bitcoin is still way more valuable than last year, before the december's big boom. I'm almost sure that bitcoin will grow a lot again, I just don't know when...
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April 12, 2018, 07:35:14 PM
 #95

of course, the figures speak for themselves. if the volume has dropped from 80% to 40%, this is nothing else as the cooling of interest in bitcoin. After all, there are many more promising coins on the market.
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April 12, 2018, 07:36:56 PM
 #96

Yes it is,bitcoin has started to show some bullish movements and few hours ago it reached the $8k levels ,its like testing the current resistance levels which is why it came back to $7k levels! expect more value in bitcoin few days or weeks from now because we just entered the bullish season which means growing massively from these coins in the market.

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April 12, 2018, 07:48:23 PM
 #97

Yes it is coming back, as far as i can see we have entered the bullish season which makes these candles stronger,bearish movements has finally over and we are going to see some improvements from the coin's value in the next few days or weeks,we should be grateful that the bearish trend has finally over,it just a start this year for what can have.

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April 12, 2018, 07:49:50 PM
 #98

I hope the correction of btc is finally coming to and end, if true, this will not only be a great news for btc but also all the alts as money will flow in them too, lets see what is coming.

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April 12, 2018, 07:52:33 PM
 #99

Lets hope that these bull candles are real not just another bull trap! because the bearish trend has finally come to its peak which is why the bulls are coming,we can see that happening right now,as all of the altcoins including the bitcoin has shown positive movements! the last time i saw these movements is wayback december so it might be a good thing !

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April 12, 2018, 07:58:01 PM
 #100

I think that bitcoin will still return to its past victorious levels. It's a matter of time, most likely this will happen already this year

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