New Bull Run? Market Cap rises +3,4% daily (+8,5B/Day) for 12 consecutive days!!

[infested]

We had 2 major dips after the market crushed from all time high prices. One at 7 January (425B) and another at 6 February (276B). Those two dips were normal corrections in my opinion from the ATH frenzy. Those 2 dips were followed by decent rises in market cap again until the market psychology went really bad and we entered the real long dreaded bear run.

The really long bear run in my opinion started at 18 February :

https://i.imgur.com/sUOOlbY.jpg

We can see it lasted 47 days. Way longer than the previous two dips and there is no in between rise in market cap. Its was constantly down treading.

I say "lasted" because the market cap has risen Consistently the past 12 days for the first time since the ATH crush of January:

https://i.imgur.com/ZjLPHEG.jpg


From 248 Billion at 7 April all the way to 351 Billion today (19 April). A total of +103 Billion within 12 days. 8,5 Billion each day (+3,4% up per day)!

If this rate continuous we can be confident we will break the highest point at the start of the bear run that was 518 billion (18 February) within 19 days

That will be in my opinion the proof that we have finally entered a huge Bull Run period that will last months since market psychology will change to positive again.

That event will trigger a new cycle of fear of missing out the new market bull run to new and old investors. On top of that the media will start again praising crypto and after we break ATH prices new masses of people will enter the space fueling the biggest bull run ever seen!

[Crypto_lion]

Well well ..that's an interesting stat. I hope it starts of a bull run before a major bull run which I expect to see before the end of this year. Let's see how the weekend turns out

[aardvark15]

This confirms to me that we are most likely starting a recovery. There will of course be drops and corrections in a recovery, but I believe that most cryptocurrencies already bottomed out and we won’t see new lows for any of the top coins. I’m no expert and I could be wrong but that’s the way it appears and I expect a slower steady rise from here.

[ashmodeus]

well
interesting observations,
since a red storm on february and the lowest point in mid-March
probaly new comers or what ?

[Hamphser]

This confirms to me that we are most likely starting a recovery. There will of course be drops and corrections in a recovery, but I believe that most cryptocurrencies already bottomed out and we won’t see new lows for any of the top coins. I’m no expert and I could be wrong but that’s the way it appears and I expect a slower steady rise from here.

We can really make presumptions basing on what we observed and i do believe the same thing too on where we wont able to see again those bottom prices which we have seen in the last 3 months of this year.If you did able to buy on those dip prices for sure you are making some gains as of now as we have seen the gradual increase of the entire marketcap which do result or correlated on altcoin or bitcoins prices increase too.

[leea-1334]

Really, has it been 12 days? I thought it was only been for a few days or almost a week. Prices have not actually gone that much higher, Bitcoin still just above 8k and Ethereum also still trying to break past 550, but 3% over 12 days is more than a third. Or is it just because other coins/tokens are entering circulation? Or maybe more Tethers coming I did not hear about?

[Bardman]

This confirms to me that we are most likely starting a recovery. There will of course be drops and corrections in a recovery, but I believe that most cryptocurrencies already bottomed out and we won’t see new lows for any of the top coins. I’m no expert and I could be wrong but that’s the way it appears and I expect a slower steady rise from here.

Don't be so quick. We need much more to say we are out of the bear market or that we entered a bull run. Sure we held the last low of 6k but this could easily just be another lower high on the weekly charts and dip further eventually. The regulations are still pending and they can change the market drastically. Until we break 12k I won't see this as a bull run. (talking in bitcoin price)

[CrypticGambit]

Bull run? Well it is not yet confirmed but I am more and more optymistic. I hope that those whales will not crash the price again. We also need some fresh blood and fresh money but we don't need FOMO like in december last year. People were buying bitcoin for 20k, I thought this was a dream...

[Fatunad]

This confirms to me that we are most likely starting a recovery. There will of course be drops and corrections in a recovery, but I believe that most cryptocurrencies already bottomed out and we won’t see new lows for any of the top coins. I’m no expert and I could be wrong but that’s the way it appears and I expect a slower steady rise from here.

Don't be so quick. We need much more to say we are out of the bear market or that we entered a bull run. Sure we held the last low of 6k but this could easily just be another lower high on the weekly charts and dip further eventually. The regulations are still pending and they can change the market drastically. Until we break 12k I won't see this as a bull run. (talking in bitcoin price)

You are right we should not really be too confident on saying that this is already a bull run.We do see such increase which is good but i dont really trust how do price moves because anytime there might be some negative news ones again which will be the cause on dipping again on 6k price on bitcoin and other altcoins in the market which would hit up their lower lows once again.Id love to see 12k price on btc and recovering up atleast 70% price of coins to their recent ATHs.

[Pattberry]

If this rate continuous we can be confident we will break the highest point at the start of the bear run that was 518 billion (18 February) within 19 days

That will be in my opinion the proof that we have finally entered a huge Bull Run period that will last months since market psychology will change to positive again.

That event will trigger a new cycle of fear of missing out the new market bull run to new and old investors. On top of that the media will start again praising crypto and after we break ATH prices new masses of people will enter the space fueling the biggest bull run ever seen!

It is good to see these calculation and hopefully we might see another rally soon but when it comes to bitcoin i do not see any graphs helping in identifying the future trend, sure it does give you an idea about the past markets but the problem here is that a single negative news could show a reverse trend and drive the market down.

[Rudzaki]

I think that there are very good prospects to reach up to 3 trillion and this is not a fantastic amount, but the real situation if growth will continue and the entire bull market will be protracted.

[Cnut237]

Whilst I think it is still too early to call the start of the next bull market, the signs are definitely encouraging.
We dipped twice to around $270 billion (whole market), and then the third more prolonged dip pushed slightly below that and then levelled out. This levelling out I think is crucial and helps to establish a new baseline. So the recent rises do look like the start of a new bull market, but given that the drop lasted several months and had a couple of false bounces back, I do think it is still too early to be certain.

[lienfaye]

Seems like the confidence and trust of investors are returning, we might be near in the bull run fever but I think its early to say the bottom is over because we know recovery wont happen too fast, it takes time. However if whales enter the scene this can change everything, im bullish the price can reach $12k mid of this year, if that happens I can say we are really heading to the moon again and dips of cryptos are over. Some expert says there are more to expect ahead and they even speculate this year it can surpass the peaked price of last year, well lets just see if its possible in this so volatile market.

[Suslived]

The bulls are here to stay. Leading the pack is Ethereum which has already gained 42% from a few weeks ago! And its projected to rise even higher back up to $1000+. I've been telling everyone to buy Ethereum during the dip and those who have listened have been rewarded.

Congratulations to all holders! Just keep hodling and we will soon reach new all time highs!

[Semaj123]

The bulls are here to stay. Leading the pack is Ethereum which has already gained 42% from a few weeks ago! And its projected to rise even higher back up to $1000+. I've been telling everyone to buy Ethereum during the dip and those who have listened have been rewarded.

Congratulations to all holders! Just keep hodling and we will soon reach new all time highs!

We can't blame them for what they did during the dip that they sell some of their coins. For those who have been holding and never fall with the trap then this is the time to claim their rewards. We should stay positive and support crypto so that we can gain more profits in the long run.

[kryptqnick]

This confirms to me that we are most likely starting a recovery. There will of course be drops and corrections in a recovery, but I believe that most cryptocurrencies already bottomed out and we won’t see new lows for any of the top coins.

I also believe we are on the way to recovery. If it happens in 19 days then it will be too fast and thus probably bad, but if it slows down a bit and gets to top prices in about 2 months then we definitely overcame the problematic stage. It is good that people mainly believe in recovery, because it created the general atmosphere which attracts investors and really makes the market rise. Yet now it is going a bit too fast, so we could use a small dip or a temporary stabilization.

[thedarksun]

This growth in last 12 days is very promising. I hope this bull run will happen. Everything indicates it, so we can now only waiting and watching.

Anyway it is good time for invest, when coins growing, our wallets too. Do not forgot about it

[kulakvlad]

I'm afraid to tune in to positive, but the trend is encouraging. Let's see what happens next.

[Bardman]

The bulls are here to stay. Leading the pack is Ethereum which has already gained 42% from a few weeks ago! And its projected to rise even higher back up to $1000+. I've been telling everyone to buy Ethereum during the dip and those who have listened have been rewarded.

Congratulations to all holders! Just keep hodling and we will soon reach new all time highs!

We can't blame them for what they did during the dip that they sell some of their coins. For those who have been holding and never fall with the trap then this is the time to claim their rewards. We should stay positive and support crypto so that we can gain more profits in the long run.

Holding your coins during a major bear trend is stupid. Why would you hold when you can cut losses. Holding is only great if you want to lose 50% of your portfolio in a few weeks.

I'm afraid to tune in to positive, but the trend is encouraging. Let's see what happens next.

Meh, what trend? We are still far away on changing the trend. Last time it went from 6k to 12k and we dipped again, we will not change the trend until we break 12k convincingly.

[cryptofunn]

a full-fledged spread can be said when bitcoin pierces 12,000, rolls back a little, fixes on this mark and moves on. Perhaps he is now simply corrected from the fall and goes to the upper border of the corridor