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Author Topic: The bulls are back!  (Read 252 times)
Rabblerah112 (OP)
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April 24, 2018, 05:51:16 PM
 #1

Institutional money is moving into cryptos now (see signature).   You can see how fast Bitcoin recovered last week..
 
Two accounts sold off over 100 million in BTC yet the price bounced back a day later!

This means big gains for everyone for at least the next few weeks. 


What do you guys think?

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tora
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April 24, 2018, 05:58:23 PM
 #2

There has certainly been a good rise recently. Hope a slow sustained growth is the order of the day rather than a huge increase followed by a fall.
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April 24, 2018, 06:00:33 PM
 #3

Institutional money is moving into cryptos now (see signature).   You can see how fast Bitcoin recovered last week..
 
Two accounts sold off over 100 million in BTC yet the price bounced back a day later!

This means big gains for everyone for at least the next few weeks. 


What do you guys think?

It certainly is due with what a scare bitcoin has gave the cryptocurrency market recently. However this time I have really high hopes into what bitcoin can offer and bring into the table especially now that some of the countries who have really tried and hoped to harness bitcoin has been off to a good start and reported no such failings and in time if this streak continues then other countries might reconsider and with that a fresh new resurgence from bitcoin

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April 24, 2018, 06:00:52 PM
 #4

I think it's more of a case of the bull-shitters are back and a few points up means nothing and Bitcoin will never
gain the trust back after the miners screwed us over by charging us $55 in transaction fees so I guess this is what finally
made Bitcoin become "Trustless"

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Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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April 24, 2018, 06:02:16 PM
 #5

I would be very pleased with $10k btc for a while..
It makes the math so nice Smiley

I hope we level off around 10 for a while gaining strength for the next period of growth..

The chart right now makes me feel very good..

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April 24, 2018, 06:09:11 PM
 #6

It would seem so. During the past days, we can see green candles on the chart and this is a good sign. That is for the optimistic people, of course. However, this might just be a bull trap. We are just in the early Q2 of 2018 and being too optimistic should be avoided. I admit that I want Bitcoin to continue climbing those mountains but in this type of market, you cannot be too sure.
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April 24, 2018, 06:19:22 PM
 #7

I think it will be over $10K but bull run came after a very short time of suffering so I can't say this is a real bull run, there will be probably a crash back to $6k- $8k when btc is over $10k

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April 24, 2018, 07:01:37 PM
 #8

I was very hesistant to believe we are up and running but after seeing the successful days close in the green for BTC, I think it is safe to say we are going to make a solid run. The only thing that may stop us is the resistance that exists at 12k, if we can plow through that then I feel like the sky is the limit. Bulls are briefly back yes, but whether they will be here for 2-3 months remains to be seen.

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April 24, 2018, 07:08:41 PM
 #9

Institutional money is moving into cryptos now (see signature).   You can see how fast Bitcoin recovered last week..
 
Two accounts sold off over 100 million in BTC yet the price bounced back a day later!

This means big gains for everyone for at least the next few weeks. 


What do you guys think?

I think they are back for the moment but i dont know how long it will last. Future is bright though, and around 2022. btc price should exceed 50 000 dollars. I will wait and see
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April 24, 2018, 07:25:58 PM
 #10

This means big gains for everyone for at least the next few weeks. 
Big gains will go for everyone if all will not rush to take profits unless they decided to took some as a day trader.

Institutional money is moving into cryptos now (see signature).   You can see how fast Bitcoin recovered last week..
It has been there since the pop of bitcoin's name and what institution are you talking?

I think it will be over $10K but bull run came after a very short time of suffering so I can't say this is a real bull run, there will be probably a crash back to $6k- $8k when btc is over $10k
The crash for the 1st quarter shall be enough for that price range you are saying. The bulls are back and it was proven when bitcoin hits $8,000 from $6,000.

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April 24, 2018, 07:28:43 PM
 #11

Alt coins are really doing well in percentage gained against bitcoin. Its nice to also see bitcoin and altcoins both rising together. Altcoins have taken much of the bitcoin dominance over the last few weeks.
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April 24, 2018, 07:42:50 PM
 #12

Investors and traders began to gradually abandon altcoin and reentered the bitcoin. It has made a rather hefty rise to bitcoin in recent days. We just wait for all investors and traders to move the altcoin they hold to bitcoin to drive the bitcoin price as high as possible.
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April 24, 2018, 07:43:20 PM
 #13

Institutional money is moving into cryptos now (see signature).   You can see how fast Bitcoin recovered last week..
 
Two accounts sold off over 100 million in BTC yet the price bounced back a day later!

This means big gains for everyone for at least the next few weeks. 


What do you guys think?

Thanks for sharing the good news, I am also happy with the prices recovering. I think the people who had their money stuck by investing at $15000 or above will also be eager for current prices to reach there.
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April 24, 2018, 07:43:48 PM
 #14

The long-awaited revival of the market.
Protracted critical days for 4 months.
I think that is already enough. We will wait a trillion this summer.
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April 24, 2018, 07:46:35 PM
 #15

Institutional money is moving into cryptos now (see signature).   You can see how fast Bitcoin recovered last week..
 
Two accounts sold off over 100 million in BTC yet the price bounced back a day later!

This means big gains for everyone for at least the next few weeks. 


What do you guys think?
I think already time to come back again,hope soon price going up 10k cross.i see bitcoin investor and trading increased huge day by day.i hope soon bitcoin price again hit up.we need to some time..
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High fees = low BTC price


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April 24, 2018, 07:48:12 PM
 #16

Alt coins are really doing well in percentage gained against bitcoin. Its nice to also see bitcoin and altcoins both rising together. Altcoins have taken much of the bitcoin dominance over the last few weeks.

It is Bitcoin that is holding back all the other coins because justice needs to be served, we need to police our own and Bitcoin
finally became trustless because no one trusts the miners or the development team after fees reached $55 per transaction as the
price peaked.

Years of trying to gain trust was destroyed in a week and when people started to look under the cover they found the Lightning
Network was nothing more than a deception and the hubs are in fact mini banks.
https://www.youtube.com/watch?v=UYHFrf5ci_g

They tried to fault Ripple for being owned by bankers but have you seen the network map of Lightning ? Ripple has
nothing on this lot https://lnmainnet.gaben.win/ not that I am a fan of centralization by any means but that's just what
we have now with LN and in any case I like "On-Block" and so does most people.

Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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April 24, 2018, 08:07:24 PM
 #17

Alt coins are really doing well in percentage gained against bitcoin. Its nice to also see bitcoin and altcoins both rising together. Altcoins have taken much of the bitcoin dominance over the last few weeks.

It is Bitcoin that is holding back all the other coins because justice needs to be served, we need to police our own and Bitcoin
finally became trustless because no one trusts the miners or the development team after fees reached $55 per transaction as the
price peaked.

Are you on drugs? Every time I see your posts they look like made by some crazy conspiracist hater.
Why are you still stuck in that single month when the transactions were expensive. It's no longer the case, we've moved over from that, get over it. The fees are never going to be at $55. Roger hoped for that to stay and made some money on this, good for him, but his shitcoin won't take over.

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April 24, 2018, 08:22:45 PM
 #18

It sure looks like the bulls are taking over, now that the price is going towards 10K. The confidence in cryptocurrencies is growing, now that authorities realize they should not have too stringent regulations. Investors will start investing again and the price will increase to 12K soon.

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April 24, 2018, 10:38:12 PM
 #19

Institutional money is moving into cryptos now (see signature).

lol @ your telegram channel. it only exists to recruit followers to dump on. palm beach confidential is a joke anyway.

how do you distinguish between institutional money and retail, on the charts? how do you know institutions aren't gearing up to sell into short term retail demand?

It sure looks like the bulls are taking over, now that the price is going towards 10K. The confidence in cryptocurrencies is growing, now that authorities realize they should not have too stringent regulations. Investors will start investing again and the price will increase to 12K soon.

personally, i'm looking for much higher. $14k-$17k range would be a proper post-bubble trap. in the short term the daily 200 sma might provide some resistance. it's in the $10k area.

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April 24, 2018, 10:57:03 PM
 #20

Institutional money is moving into cryptos now (see signature).   You can see how fast Bitcoin recovered last week..
 
Two accounts sold off over 100 million in BTC yet the price bounced back a day later!

This means big gains for everyone for at least the next few weeks. 


What do you guys think?

I think that the growth will be at least sustainable until we hit the $10K mark. Then its going to be exciting as the money is overflowing so we don't know if this can be sustainable after the $10K mark is breached.

Maybe we can see another price correction. Or the growth would continue up to $12K before bursting the bubble again. However, I don't get you point of gaining big if we are just holding?  Grin, Obviously we can take profits at $10K, however, I would still continue to hold longer and the price needs to be at least $18K to make significant profits.

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