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carriebee
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April 13, 2018, 02:38:22 PM |
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I noticed good news has spreading about bitcoin and I hope this is the start of recovery phase for bitcoin. Yes for those who did'nt buy some btc they still had the chance to invest now while were not yet in ath price. |
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"Bitcoin: the cutting edge of begging technology." -- Giraffe.BTC
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fabiorem
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April 13, 2018, 02:41:20 PM |
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I hope its a recovery.
We had several traps that I even lost count.
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DustyRah
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April 13, 2018, 02:42:08 PM |
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No one can predict which way the price of Bitcoin will go in the next month but in the long term it will go up. As we head closer to the 2020 halving, the price will rise to adjust for that halving. Miners are not mining for free.
Though some indicators are in the positive, some indicators like MACD and EXP are still negative so be careful out there.
For those that are looking to make a quick buck, sell out now and take your profits because there is no guarantee, it will not go back down to 7k or less.
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sidodadii
Sr. Member
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Activity: 597
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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April 13, 2018, 02:45:26 PM |
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It seems that this is not a trap because we can conclude that the big pump yesterday is one of the big investors who go to invest bitcoin and until now bitcoin prices still increase even though not as big as yesterday, we can imagine the investor will not want to lose if only intend to make bulltrap. and I think everyone here hopes that rising bitcoin is a positive thing not just for bulltrap.
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H0USE
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April 13, 2018, 04:40:16 PM |
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According to me if had been a trap downward trend in prices should have been accompanied by now but it's not so it might be due to correction period being over and we are heading towards bull run as prices increased by $1200 within few hours and huge investment was made yesterday which certainly boost uo the prices so we will surely see $15k soon.
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kram31
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April 13, 2018, 05:01:00 PM |
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bitcoin at 8,100 USD right now and it is getting better.
i think this is a good indication that BTC is getting back now and gaining more holder after so much of suffering.
This is not a trap like before you can have it now.
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Fedor07
Member
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Activity: 282
Merit: 10
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April 13, 2018, 05:53:31 PM |
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Its a trap , bitcoin will still remain at this price or maybe will drop and then will grow up again but now bitcoin will remain at his present price . it is always been like this , at the beginning of the year bitcoin its dropping and in the course of the year he is growing and dropping and after this at the end of the year he is growing up a lot . Bitcoin will grow maybe to 10k $ and then will fall again to 8k$ and at the end of the year he will grow up a lot , he will grow to 25k $ .
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Kingofbitcoin12345
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April 13, 2018, 06:00:45 PM |
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Bitcoin has enormous numbers of unreasonable increases since its existence.. Does this alarming on my perspective,, no and that just my observation.. What matters for me is the impact of an increasing value to the investors positive attitude toward cryptocurrency..
Enough of why and how because negativity is too much in the past few months and now is the time to chill out for a while and celebrate..
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cryptocommoner
Jr. Member
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Activity: 112
Merit: 5
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April 13, 2018, 06:10:52 PM |
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I personally don't think that it's a trap. There are a lot of US investors likely getting into crypto with their tax returns. Tax day is upon us and those who have to pay may be trying for a quick buck and are buying in now. The market as a whole looks bullish and I'm glad to see it.
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dmamigo
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April 13, 2018, 07:02:32 PM |
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Hope its not a trap, few more days and we can be sure then only, what is it. Personal beliefs is towards BTC being recovered. People is buying on the lower price and it went quite few weeks ago. All over the market its a uptrend, few went up as high as 30%, hope its getting recovered.
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klasik1980
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April 13, 2018, 07:14:24 PM |
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And in fact the market has become lively. And now it is not necessary to hurry, it is necessary to endure unequivocally and observe all this action. And on the soul is still nice - the green!
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thecodebear
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April 13, 2018, 07:25:55 PM |
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I would say it is the very start of the recovery. 6000s clearly seemed to be the bottom of the market. Though I think the recovery will take a few months at least.
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WUUEX79
Member
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Activity: 378
Merit: 19
Xch4nge.com
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April 13, 2018, 07:55:09 PM |
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I do not think this is a trap, because bitcoin prices have increased over 50 hours, maybe this is the beginning of bitcoin rise after being hit by a continuous red storm.
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msarro
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April 13, 2018, 08:09:18 PM |
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We cannot say anything at this stage and only time will tell us whether it was an recovery or an trap as of now things are looking as price is moving in positive direction and lets hope it will continue to go higher from now and we don't see downfall in the price anymore so its smart to sit quiet and see how price behave in next few days.
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richardsNY
Legendary
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Activity: 1232
Merit: 1091
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April 13, 2018, 08:22:21 PM |
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Though I think the recovery will take a few months at least.
Recovery? There is no recovery that we need to go through. The thing is that we have to take distance from the speculative peak of last year, and focus on new all time high below the $20,000 level. It may sound weird to some people, but it perfectly makes sense. All time highs based on demand without an ongoing hype bull run is what we should aim for, which is why if the market breaks through the $10,000 level again, that for me would be a new all time high. It's pointless to focus on last year because that in no shape or form applies to current steady/calmer market -- we don't need hypes to reach $20,000 again in the future, just time.... |
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magisterr
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April 13, 2018, 08:38:14 PM |
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I noticed good news has spreading about bitcoin and I hope this is the start of recovery phase for bitcoin. Yes for those who did'nt buy some btc they still had the chance to invest now while were not yet in ath price. Yes, price still so cheap if compare with December. And if to look at May in last year, Bitcoin grew from 1.1k in April to 2.6k in May. So, 16-20k will be possible in May of this year. And this even not growing, just recovery. |
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elloco4ever
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April 13, 2018, 09:27:18 PM |
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I hope its a recovery.
We had several traps that I even lost count.
Yes it should not be a trap because if it turns out to be the trap then it will become very difficult for us to believe in bitcoin as people will think it is very easy to manipulate the bitcoin market. |
Am I spamming? Report me!
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peter0425
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April 13, 2018, 09:45:31 PM
Last edit: April 28, 2018, 03:25:22 PM by peter0425 |
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I hope its a recovery.
We had several traps that I even lost count.
Yes it should not be a trap because if it turns out to be the trap then it will become very difficult for us to believe in bitcoin as people will think it is very easy to manipulate the bitcoin market. Really hard to say its this is really a bull trap or not because we have been in this kind of situation before. They say its not a bull trap but it really was that's why when the price is about to make a good run, suddenly the price plummeted . So personally, I'm still not going to jump for joy here but to be very cautious as where and how the price is going to moved. I'm still shocked at the quick phase of recovery so I would be wary and not to get excited, just to be on the safe side. |
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figmentofmyass
Legendary
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Activity: 1652
Merit: 1483
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April 13, 2018, 09:58:56 PM |
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Well Yesterday I said in one of my comments that the bullish move of bitcoin from 6700$ to 8000$ in just a few minutes is shocking and thus we must be careful since it could be temporary and could be a trap. But until today there is no sign yet of bitcoins value going down and it still continued to increase at is already at 8k+$. it's a recovery. but the context is probably a larger trap.  nothing moves in a straight line. we could be in a correction for years, in which case there will be significant rips and runs in both directions. i think we've formed a double bottom on the daily chart, and it's time for price to rise for a while. it could end up being a bull trap, but i'm back to trading the long side. no shorting for a while. i think we should retest the $11k zone and probably run further. |
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angaper
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April 13, 2018, 10:17:35 PM |
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First of all, we must keep in mind that the year 2017 was a very exceptional year compared to the performance that the price of bitcoin had in most of the previous years since its inception.
Therefore, we should not assume that the general rule is that after a period of great correction the price should again be triggered to historical levels each week, multiplying its value x10 by the end of the year.
I have no doubt that we are in a market that tends increasingly to consolidation, so it is possible that throughout the year we see consistent drops and increases as any ordinary market presents normally.
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