Does it look like cryptos will skyrocket again very soon ?

[Eternu]

No it doesnt because there is no real fuel to light the fire for new bull run,have in mind that nothing changed in crypto from moment when we went in correction.Market correction last a lot longer then 2 months and they dont recover without some important news or situation

Hey keep in your mind news cannot able to do anything with the bitcoin price in positive wise. Only negative value has been done by the fake news spreading everywhere.
I believe this time bump is happening because of taxation collection thing happening on US location.
May be in some months definitely you will find the bitcoin price to touch the peak value again in the market. Then altcoins also will tock the floor.

This is not the first time that I heard about US taxation, and how its affecting crypto price. But honestly I doubt it could affect it on large scale like this. Maybe I am just too much sceptical and always expect the worst, but there could be other things that are affecting crypto of which we know nothing. Or maybe you could be right, because some friend of mine (whom I trust) share your opinion. But it seams it will be like you said, only thing we can do now is to wait and watch.

[Mr.Freeman]

The people, the news does not matter! It matters only someone's will, the desire to earn. And the news only shakes the market a little: up a little, down a bit.

[Oilacris]

No it doesnt because there is no real fuel to light the fire for new bull run,have in mind that nothing changed in crypto from moment when we went in correction.Market correction last a lot longer then 2 months and they dont recover without some important news or situation

Hey keep in your mind news cannot able to do anything with the bitcoin price in positive wise. Only negative value has been done by the fake news spreading everywhere.
I believe this time bump is happening because of taxation collection thing happening on US location.
May be in some months definitely you will find the bitcoin price to touch the peak value again in the market. Then altcoins also will tock the floor.

This is not the first time that I heard about US taxation, and how its affecting crypto price. But honestly I doubt it could affect it on large scale like this. Maybe I am just too much sceptical and always expect the worst, but there could be other things that are affecting crypto of which we know nothing. Or maybe you could be right, because some friend of mine (whom I trust) share your opinion. But it seams it will be like you said, only thing we can do now is to wait and watch.

When it comes to fundamentals then anything can really happen or do make some effects on a particular or recent price but no one really knows on whats happening beyond those movements this is why as a trader or investor we should really be smart enough to utilize those movements on making money on our side. Predictions and speculations will really be there yet this market is way too unpredictable when it comes on where it would move. Some news or even basing on technical analysis can able to preview out possible price movements.

[Leah38]

Its recovering slowly and I had the chance of selling some alts at profit. Market still unstable and unpredictable so I sell alts I consider no future and keep those I know will give me profit for long term. 

[disconnectme]

I think confidence is back in the market and I think we may be head for some weeks of bull run, most of these coins have suffered a huge lost in value, and most of the recent ICOs especially since February have suffered huge dump in price, I think even all these tokens have huge potential for growth

[JanpriX]

When BTC hit that sweet spot again (8k area), many people in the crptoworld think that this could be reversal that we all waiting for. With that mindset, people started buying all the promising altcoins and put their money to those projects that survived the capitulation happened few weeks ago. It is so refreshing to see all my altcoins being in green mode right now.  .

But, don't let your guard down and still monitor the market very closely. Anything can still happen at this point and this could be a huge bull trap. What I'm saying is be on alert so that whatever happens, you can cope with it accordingly. You what crypomarket is in this type scenarios, better be prepared than sorry.

[Ahiaba]

Hello guys with the current situation of the market with bitcoin almost touching 8k usd and etherium already close to 500 usd and total coin- marketcap in 300 billion range   again does it look like cryptos will soon skyrocket and regain it's upward trend???

Bitcoin value is currently above  $8,300 and i strongly believe that the upward trend has just started and until its value appreciate above  $15,000 before maybe 5% correction will happen in my opinion and experience so far in analysing crypto currency chart. As at the time of this post ethereum is already above  $520 and there is a tendency that its value will appreciate further in the couple weeks to come.

[xuan87]

I think the market show a good upward trend, to skyrocket maybe not yet, but the crypto will slowly heal up, the market is showing a good bull trend, this is a great moment after a long bear trend causing a great frustration for investors, and I saw this time BTC refuse to go down, after a few times falling down it's going up again, so hopefully this bull trend will continue

[NorihiroName]

Yes, it's very likely that it will happen so; fall of crypto were lasting for 4 months, that's enough, now all corrections are done and after that we will see the growth which is bigger than the last one.

[Adamant06]

One must always remember: the masters of the market are always manipulated for profit. So do not rush to conclusions about how the market behaves.
The market is still in consolidation.

Definitely yes, as we know the price volatility of  any cryptos its evitable anytime any cryptos will skyrocket or go dip. So,  in the end we should consider to be more careful to avoid too much risk specially on panic selling and also for the investors.

[Eternu]

Yes, it's very likely that it will happen so; fall of crypto were lasting for 4 months, that's enough, now all corrections are done and after that we will see the growth which is bigger than the last one.

Honestly I doubt that next rise in the price will be bigger than the last one, or maybe you have some evidence that proves otherwise? Strong hype lead crypto prices to rise that high. At the end with everything that happened and with lots of people who lost their money, hype was broken. So, long time will pass before we see another hype like last one. Prices settled down after big dip, and I guess we should expect rise in it soon. But I would not expect miracle.

[rayk]

No it definetely does not look like that is going to happen very soon. It is certain they will skyrocket but for me it will not happen soon and not all coins will skyrocket that time.

[Xxxurrrad]

It is too early to draw conclusions. But I'm glad that alts ceased to fall. Some have almost recovered. While this is enough.

[cakmabokgot]

Right now solid altcoins are rising slow and steady. I think we can see skyrockets again, but this year can be the last year. Governments will be regulating the cryptocurrency area which won't let prices to be manipulated like today.

[laurenB7742]

Crypto market is taking a correction after its immense rise last year. Despite so much opposition BTC refuses to go below 6500 $ and is now trading over 8000$. If crypto market survive this pressure and successfully came out of this, I would say BTC will surely cross 20,000 USD once again very soon.

[damberg]

We will rather see some smaller positive price spikes and a period of low volatiliy. Afterwards there might come another "bull run" but it is very probably going to be much slower growth. Of course some coins may still "skyrocket" making cherrypickers very happy. 

[sehoon]

Hello guys with the current situation of the market with bitcoin almost touching 8k usd and etherium already close to 500 usd and total coin- marketcap in 300 billion range   again does it look like cryptos will soon skyrocket and regain it's upward trend???

Yes. It is expected to skyrocket in the next months particularly in the third and fourth quarter of this year. It is just like last year where bitcoin started from $1000 in January 2017. But still, this is just a mere speculation and no one still knows what will happen in the next months or even next year.

[MoonJeina]

It is unlikely to comment that it will sky rocket  very soon . But it is definitely going to sky rocket again in few months maybe by the end of year .
The market is so uncertain that it may sky rocket the next week too , one cannot say anything about it in a very sure manner .
If the panic sell offs and the big sell offs by some recognized holders does not continue to happen , the price can at-least increase by some percentage . I don't want it to sky rocket but i also don't want it to stay at one place.

[bitcoinking11]

Well, considering the market for the past two months, I don't think that it would skyrocket so soon. It would take some time, the market would remain stable over the next few months, after that it would skyrocket not before. I know the market has been increasing for the past few days, but it is quite normal.

[Xardasim]

I think the market show a good upward trend, to skyrocket maybe not yet, but the crypto will slowly heal up, the market is showing a good bull trend, this is a great moment after a long bear trend causing a great frustration for investors, and I saw this time BTC refuse to go down, after a few times falling down it's going up again, so hopefully this bull trend will continue

I don't think this is skyrocket, it can only be a car that works with fuel after that. As a matter of fact, Bitcoin which 500 USD price increase in 1 day a few month ago, does not even increase by 100 USD for nowadays. I think that after that the price increase will be very different from the old one, so, it will increase again, but it will be slowly.