market refresh or just a pump ?

[Yudha2015]

Honestly dont know altcoin and btc just pump or will make bulish trend 😁😁. But I love this situation. I hope btc will continue grow up.

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[PalindromemordnilaP]

Couldn't tell exactly whether we have a refreshed market or we are just having a pump because the recent spike that we have experienced last week dind't last any longer as bitcoin falls down to 8K USD mark once again. Well, that's what bitcoin is, full of surprises.

[cryptomoon1003]

Consensys is starting in 2 days... I think it will remain green now- for this week and for the rest of the month.. The 3-day Consensus event of 2018 is coming on May 14 to discuss everything about blockchain and cryptocurrency.

Retrospecting the effect of last year’s Consensus event, it certainly had a huge influence on the cryptocurrency market. The event of 2017 resulted in the gain of 26 percent in the total market cap in comparison to 2016’s small 2.7 percent. On the evening of the event, the bitcoin price surged to $2,000 and triggered the bull run of June.

Over the years, the event has become bigger as people realize the potential of crypto markets. From 2016’s 1,500 to 2017’s 2,700 attendees, this year the event is going to be much bigger with 4,500 attendees.

With 250+ speakers and 4,500 attendees willing to come together, the event has plausibility to bring trust and a bullish trend in the crypto market space. As the 2017’s Consensus event triggered a bullish trend in cryptocurrency, this event is going to bring positive sentiments to the market.

[Wilsonong222]

Hi today market goes green
as you can see in 1 houre perfomance everything changed is it the comeback or just a pump ? what you think about it what is going on ?

A more technical way of saying refresh or pump movement is the hitting of resistance. It is a natural phenomenon in the market that whenever it reaches the bottom it will eventually go back to its support level or high state of price. That why it is imperative to us to know the support and resistance level. S and R level is the heart of trading mastering this movement will gives us advantage in trading.

[Legone]

Hi today market goes green
as you can see in 1 houre perfomance everything changed is it the comeback or just a pump ? what you think about it what is going on ?
http://coin360.io/shareimg/8c5fd812e39aeafe48d7124973237c58a706e81e.png

I think it's better to buy more bitcoins during the dip price seasons and holding it as usuall we did. It's because no one knows the exact time if when its price pumping suddenly. It's too bad that we missed the perfect timing if we haven't any saved coins.

[mung_nasib]

If I think this incident is caused by the pump so that traders should really take advantage of such momentum to continue to earn income so that will not appear a disappointment in the future and traders also have a desire to continue to rely on investment as a place of income.

[joebrook]

If I think this incident is caused by the pump so that traders should really take advantage of such momentum to continue to earn income so that will not appear a disappointment in the future and traders also have a desire to continue to rely on investment as a place of income.

Whether it's a pump or a market refresh, i think it's a good thing for everyone and i mean the investors to enjoy some sort of profits on our investments because it's a long time coming now.

[yslyv]

well it is hard to say it is a trend change till bitcoin recovers enough. i think this is a temporary refresh for altcoins. regualr pumps supposed to start if trend turns to bullish.

[3acaga]

Hi, of course it's a pump and someone has not badly earned at such a jump - this is cryptographic trading and it allows you to earn on weakly-unstable traders.

[Chrystora123]

Hi, of course it's a pump and someone has not badly earned at such a jump - this is cryptographic trading and it allows you to earn on weakly-unstable traders.

very agree if this is said Pump, although still on a small scale, and definitely the next few months there will be a big Pump like early last year...and of course, the disadvantage is a weak trader.

[dodgrad]

I think it can be just a pump. It seem like it is manipulation or something, that we must trust on better time for our crypto.

[sangungaji]

Hi today market goes green
as you can see in 1 houre perfomance everything changed is it the comeback or just a pump ? what you think about it what is going on ?
http://coin360.io/shareimg/8c5fd812e39aeafe48d7124973237c58a706e81e.png

I think, it is normal. for me this is just a temporary pump mate and for sure it will fluctuate again after  days ot two and the value will stay again. I believe the price will rise soon. We will see.

[Dansamiv]

The status of the pump on the market is what we can feel. However, I think the market needs to adjust to create a balance to maintain the popularity and expansion of the crypto community. That is essential and I hope after improving on the price. fluctuations will increase.

[judyrob]

Yet, the market hasn't recovered. There are still many pumps and correction happening until now. Indeed some improvement happened but it just slowly and just a little. a sign of improvement is indeed already existed but is still very slow.

[bangkit tri]

Yet, the market hasn't recovered. There are still many pumps and correction happening until now. Indeed some improvement happened but it just slowly and just a little. a sign of improvement is indeed already existed but is still very slow.

i think maybe because it's not time yet. currently price is still in the correction area. hope that soon there are whales who buy in large quantities so that it can pump price and can penetrate strong resistance

[Marcsymon]

The status of the pump on the market is what we can feel. However, I think the market needs to adjust to create a balance to maintain the popularity and expansion of the crypto community. That is essential and I hope after improving on the price. fluctuations will increase.

Basically pump and diump behavior of bitcoin are normally happened because its serves as a great source of opportunity whether to be able for us to make profitable investments. Hopefully bitcoin will started to pump right now in order to decide to invest with possible outcomes. So we need to observe the market place if it is really pumping perfectly.

[Kim Ji Won]

Yet, the market hasn't recovered. There are still many pumps and correction happening until now. Indeed some improvement happened but it just slowly and just a little. a sign of improvement is indeed already existed but is still very slow.

Look again, the market is turning green now and recovering. Due to the recent dump, there seems to be a large purchase volume.

Basically pump and diump behavior of bitcoin are normally happened because its serves as a great source of opportunity whether to be able for us to make profitable investments. Hopefully bitcoin will started to pump right now in order to decide to invest with possible outcomes. So we need to observe the market place if it is really pumping perfectly.

LOL, you don't need bitcoin to start pumping before you decide to invest, now is a good time to do so before it fully recovers then you will have to wait again for a dip to invest. We have a strong support at $8k now so it is not possible for bitcoin to continue decreasing to $6k.

[marginal]

We can never know for sure, hehhe. But I have spottedd some frames like that always happening cycles and repeats, so no worries

[yesyes18]

temp pump I think. We keep seeing them. We are not setting higher lows consistently either which has me slightly concerned

Lol i like your "higher lows" term. We shouldn't sell it now as well. We're in another higher low this week. I'll only believe or see it as a true pump when we get 10% close to our all time high

[sepeda karat]

I have seen this kind of pump several times, but it does not make the price back, There is a long period of time with decreasing volatility, low volume, and occasional price spikes driven largely by price speculators.