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Author Topic: market refresh or just a pump ?  (Read 3227 times)
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April 13, 2018, 08:46:24 AM
 #61

The bitcoin price after the increase stabilize at 7800$ this only show that the pump is legitimate and not forced. In this my conclusion is the market is slightly recovering and the investors come back its confidence to it. I do even think it’s late overdue as I expected it to happen first week of this month.

Better late than never, the bullish run will soon be the next movement.

Nah, I don't buy that. Of course I'm happy for prices to go back up, and pretty significantly in my opinion. Right now, it's back up over $8k but that to me doesn't say anything about "legitimacy". If it were a pump yesterday, desperate buying or whatever, then surely those deep pockets weren't emptied out and will attempt to sustain this over the weekend.

I would say though that the news for once is swinging back towards good vibes. Maybe all the past regrets of not selling will turn into regrets of not buying more into the dip.

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April 13, 2018, 09:18:16 AM
 #62

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 ?

I think it is just a start of the market recovery. Maybe the time to a high increase is closer now. We will just keep track of it. Be vigilant of its increase for us to gain bigger profit.

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April 13, 2018, 09:24:42 AM
 #63

It just seems to be a pump.Now we might see most of people who bought bitcoin at price range of 8,000 dollars to start selling their bitcoins as they have already waited for a long time due to the fall in bitcoin price.So it may soon fall.

Don't think so, part of this ''pump'' was the short squeeze. A ton of short sellers got fucked and I think that the bulls defended the 6k level quite convincingly again. We are forming another tightening pattern on the weekly now which will have to break at some point just like this last daily one and that one is going to decide more or less the fate of bitcoin this year unless significant news happen.

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April 13, 2018, 09:28:57 AM
 #64

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 ?


Maybe the big whales are now on the move to play their games of manipulating the market because i don't believe of real demand investment on Bitcoin but for sure this was due to big whales participation in which they are capable of pumping the market value because of their huge resources. After this pump more investors will now be attract to invest more in Bitcoin making the market more stable and strong.
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April 13, 2018, 10:16:45 AM
 #65

So far nothing is sure because the news doesnt really help us to determinate what is going to happen in the future. This was surely a quick pump because the price of bitcoin cannot change that much in just 1 hour only with people's trades. The important thing is what is going to happen next. Some say the price will go down back to under 7000$ while some say it is going to continue increasing. We have to wait and see what is going to happen because it is probably the beginning of the good period of bitcoin.

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April 13, 2018, 10:18:09 AM
 #66

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 ?


Maybe the big whales are now on the move to play their games of manipulating the market because i don't believe of real demand investment on Bitcoin but for sure this was due to big whales participation in which they are capable of pumping the market value because of their huge resources. After this pump more investors will now be attract to invest more in Bitcoin making the market more stable and strong.
You have a point there mate, that big whales who can afford to play with the market are getting a touch to the bitcoin they have the power to manipulate bitcoin through their money or some of them making a FUD news to discourage investors and make price bitcoin low.
But now they are starting investing while it is low due to the negative feedback on it through social media, and no doubt bitcoin price will rising up because of less demand and that is what happen now.

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April 13, 2018, 10:23:50 AM
 #67

The market is all trying to take it turn to be green but this dose not mean it will not go red again remembered they are all volatile currency so it definitely be showing red and green
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April 13, 2018, 10:24:55 AM
 #68

Hi,

This trend of recovery is good... But don't scream already!


Prices can drop back within a few hours... or days. And even if it is indeed the begining of a recovery period, don't expect bitcoin to bounce back to 20k within 2 weeks!

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April 13, 2018, 11:07:24 AM
 #69

Think it's the revving of engines at the start line before the flag comes down and we hit the road running at 100mph, nice to have all coins in the green for once, could be the start of something special.
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April 13, 2018, 11:10:56 AM
 #70

The fact that the market seems to be recovering and prices are going up does not mean that the prices are going to keep going up. It can just as well start back down as easily as it started back up so don't start celebrating yet and just wait to see what happens. Although I am happy seeing prices like this now I am not jumping up and down because I know anything is possible.

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April 13, 2018, 11:26:45 AM
 #71

As always, there are two options on the cryptocurrency market. Either this is the beginning of growth, or it is a rollback, after which the fall will continue.
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April 13, 2018, 11:36:58 AM
 #72

hopefully this be a good signal and be bitcoin back better but you should know that this market anytime can go down quickly you must always be careful to always profit.
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April 13, 2018, 11:45:34 AM
 #73

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 ?


I am believe that happened in market right now is because market start to recovery. With many news about financial institution start investing their funds, many investor coming on market and thats make market more confident

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April 13, 2018, 11:47:53 AM
 #74

We can't tell what it is now as it is too early and like always we have to wait and see what happens to the cryptocurrency market in general. i really wish it is not a pump and that the market is starting to recover.
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April 13, 2018, 11:53:58 AM
 #75

Hi,

This trend of recovery is good... But don't scream already!


Prices can drop back within a few hours... or days. And even if it is indeed the begining of a recovery period, don't expect bitcoin to bounce back to 20k within 2 weeks!

Will Bitcoin bounce back to 20k within 2 weeks? Hardly. Within several months - most likely. I disagree with those saying it's a pump. Considering the $9,427,720,000 daily trading volume you have to invest around 1 billion USD to make the pump more or less effective. And even with that investment your profit is not guaranteed since you can't forbid other people to start selling when the price is 10% up. If the selling will be of mass proportions, the price will quickly go down again and may become even lower than before and thus you can lose from 50 to 100 million USD with the investment of 1 billion. I doubt someone is willing to risk that kind of money. That's why I don't think the current rising can be caused by one or two whales' actions. It is more likely that many small investors want to buy as many coins as they can while it is still below $10k.

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April 13, 2018, 12:03:27 PM
 #76


So this is all about some good news coming from the Western Hemisphere ? I mean is it really that stock markets are putting their assets into this baby and growing it high enough? It does look like this is same story as if Futures company invested huge money into the BTC last December thus pumping the BTC to 19K USD rates which were ATH!! If we try to correlate that they are making the bridge one more time with the thing that they tried it before too then it could dramatically increase the rates of bitcoin to more than 20K USD in short period of time. I mean after reading this article I have got some strong feeling that something better is happening between the stock exchanges and the crypto exchanges itself. This is worth watching!

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April 13, 2018, 12:10:11 PM
 #77

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 ?


It is good to know that everything is going green today. Let us just hope that this is not just a temporary pump and the market is starting to recover. Many people are really happy with the market recovery, hope this is the start of a bull market.

 
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April 13, 2018, 12:27:41 PM
 #78

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 ?


We've been waiting a few months back to see the price as a green, and now it's happening. Bitcoin and altcoin prices rise up a few percent in just one day. If we look at some newspapers and some media a lot of good information on cryptocurrency. You can see in ccn.com or cointelegraph.com most of the information that comes is positive and proven to affect the price of bitcoin and altcoin. We don't prove that this situation is a comeback or pump, which we obviously expect to happen in the next few months.

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April 13, 2018, 12:31:28 PM
 #79

At the first, I thought its a pump and it could be a bull trap. But currently, I think it just some whales getting in, and look likes we are going to test the 8400k-8500 resistances in the coming days. But remember, the whale's games will going to end nasty.
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April 13, 2018, 12:45:58 PM
 #80

At the first, I thought its a pump and it could be a bull trap. But currently, I think it just some whales getting in, and look likes we are going to test the 8400k-8500 resistances in the coming days. But remember, the whale's games will going to end nasty.
But I don't think it's and artificial or just  driven by  what they called big Whales or they  called it bull trap or something.  I believe it is just a natural phenomenon that is considered investors will  just invest because they believe it will  start to pump up, it just like a sentiment, because once  it start to  pump there is a tendency to create panic buying.

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