fosco333
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April 15, 2018, 03:34:09 PM |
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We all experienced a sudden rise in the whole market. is it mark of bull market ? whats your opinions ?
I think the bearish market was over. Same as past years, bitcoin and crypto start the bull market around Q2. from my personal opinion, this year will be the same as last year too.
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Procopiogamscrypto
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April 15, 2018, 03:41:43 PM |
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We all experienced a sudden rise in the whole market. is it mark of bull market ? whats your opinions ?
Still in the bear market, if there is a possibility that it will reach or surpass to 10k from where it is right now for short period of time then the bull run again, but I think as of this moment it really difficult to happen because of the correction may happen every now and then.
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BitcoinGuruOne
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April 15, 2018, 03:42:18 PM |
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I would not say that because there could be different reasons for sudden uptred and even more sudden uptrend like in last week ,when we has a huuge green candle , it could be just a market manipulation thus i am very cautious at this time and i am looking very closely.
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Dread
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April 15, 2018, 03:50:46 PM |
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We all experienced a sudden rise in the whole market. is it mark of bull market ? whats your opinions ?
in my opinion it`s a just one of moment of Bear trend and he will be going down we will see i was right or not some time later:)
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Analyst101
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April 15, 2018, 03:54:06 PM |
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Like many said, I am not really sure whether the sudden rise in the price of cryptocurrencies mean bull. In fact, it’s better to see the price rise steadily because that provides more support. Right now, there’s no support per se and it can fall hard. However, I am seeing a lot of positive and bullish news regarding cryptos so that might change. Hopefully, more people get involved in investing in the market. We are already seeing some big players getting into the cryptoworld.
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Virman01
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April 15, 2018, 03:58:24 PM |
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I also had a chance to think so, what I fear is, the current rising prices resulted in a drastic decline tomorrow.
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krishnaverma
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April 15, 2018, 04:24:18 PM |
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We all experienced a sudden rise in the whole market. is it mark of bull market ? whats your opinions ?
Maybe it is, maybe is is not. Nobody knows. We as retail investors are at the mercy of big money. The market will go the same way that has more money. The recent Bitcoin pump was due to $1.2 billion new money flow in. That amount of money raised $1,000 in Bitcoin's price in less than an hour. We need a lot more money to pump Bitcoin up to $15,000 or more. To make this happen we need more investors participate. I do not think it is possible at this time considering how most people feel toward Bitcoin and cryptocurrency. The trends are still continue dropping. If trends can correctly reflect to prices, Bitcoin would be less than $6k right now. The reason that it can maintain current prices is probably because most holders still has positive view and not sell their coins. I think that the small investors are still doubtful about investing more money in bitcoins. Big whales existed when the prices were peaking at $20000 and those bitcoins went to new investors who came after seeing the rising prices. They must be in loss now and they will not invest more before they make profit on earlier investment.
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aakriti
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April 15, 2018, 04:27:40 PM |
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Yes when market trends are upward and sentiments are positive it is called bullish. It may be sudden or slowly.
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shinharu10282016
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April 15, 2018, 04:30:05 PM |
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We all experienced a sudden rise in the whole market. is it mark of bull market ? whats your opinions ?
A sudden rise doesn't mean anything right now because of the fork. It may correct itself thereafter. It always happens anyway. We just have to "bear" with it. Sorry for the pun HAHA
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MZMARY
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April 15, 2018, 04:34:39 PM |
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It just entered the market a big player, not all were ready for this rise, many punished bitcoin who stood in the margin with the shoulder and without a stop
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MiningSensei
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April 15, 2018, 04:35:54 PM |
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It just entered the market a big player, not all were ready for this rise, many punished bitcoin who stood in the margin with the shoulder and without a stop
Most people thought that bitcoin was gonna touch less than five thousand dollars, i am glad that it didnt happened, otherwise, there was gonna be a huge chaos because of that. We are bullish again, but this is not good enough, if bitcoin gets back to $10k, the bullish trend will be huge.
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Suslived
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April 15, 2018, 04:37:58 PM |
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I'm all for it. Bitcoin and Ethereum primarily deserve more than what they are currently valued at. The only thing now that worries me is the cause for the sudden rise. Could it be possible that the market is indeed being manipulated? Aside from that, i completely agree with the much needed surge in price because crypto is here to change the world. It is worth so much more than it is currently worth today.
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MintCondition
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April 15, 2018, 04:38:48 PM |
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It just entered the market a big player, not all were ready for this rise, many punished bitcoin who stood in the margin with the shoulder and without a stop
Most people thought that bitcoin was gonna touch less than five thousand dollars, i am glad that it didnt happened, otherwise, there was gonna be a huge chaos because of that. We are bullish again, but this is not good enough, if bitcoin gets back to $10k, the bullish trend will be huge. Still neither bullish nor bear market at this moment. Bitcoin is still undergoing to test there is still no strong support that can indicate for the bullish trend while it's price is not declining which can't be classified as bear market. We can see the actual condition of this market once support established.
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alexzorgo
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April 15, 2018, 04:43:03 PM |
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We all experienced a sudden rise in the whole market. is it mark of bull market ? whats your opinions ?
I think there are several factors for cryptomarket, which indicate the beginning of the bullish trend: Statistics for the past years, starting in 2011: the month of March - the worst month for bitcoin, starting from April there is always a rise in the market. News about the participation in the trading of companies or funds related to the surnames of the three most famous billionaires: Soros, Rockefellers and Rothschilds. The end of tax payments in the US in the next 2 days.
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Andruha1993
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April 15, 2018, 04:51:29 PM |
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We all experienced a sudden rise in the whole market. is it mark of bull market ? whats your opinions ?
I think the market is recovering. Now all prices will grow gradually. And I think prices will not fall this year (I really hope so).
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nata777
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April 15, 2018, 04:56:39 PM |
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We all experienced a sudden rise in the whole market. is it mark of bull market ? whats your opinions ?
I think so. Maybe it's necessary to wait a week for confirmation, but now with 90% probability I can say that the bull market started
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Arkh
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April 15, 2018, 05:00:53 PM |
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Not necessarily this bump may be, a bull trap, a stabilization around current market valuation or the beginning of a new bull cycle. We need more time to actually asses the recent green candles
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Conte_Forni
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April 15, 2018, 05:01:26 PM |
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I think the game is still being played by some organization and soon there will be a sudden fall again
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allycn
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April 15, 2018, 05:16:29 PM |
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It was a massive jump on April 12th (almost 1K in a few hours), so I was concerned with whale manipulation ... but seeing as the price has remained somewhat steady and slowly rising in the past 3 days I am hoping this will mean crypto is recovering. I won't call it bull ... yet ... will wait to see how this week turns out to be.
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happyme1818
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April 15, 2018, 05:38:03 PM |
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We all experienced a sudden rise in the whole market. is it mark of bull market ? whats your opinions ?
I think it is the sign of a bull market because it been a while since we saw a green one. I believe it will continue and the bull are already testing every resistance slowly and steady.
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