Crash recoveries are not moons

[Barcode_]

It seems that there are a lot of traders who are happy to see small price recoveries on the crypto-currencies trading market, but they should realize that bitcoin is still down more than 50% from its all time high value, and I believe the price of bitcoin would need to rise above $10,000 USD per bitcoin for a chance on the bull run to start again.

[bbcolex]

It's irritating to see people saying that after a 20% crash (which happened a week ago or so), that 1 or 2% daily recoveries is a good sign for the market. It's not.

Obviously, yes! recoveries can never be a sign of rally or moon. You can call a bull market whenever lots of coin surpasses there all time high and rallies upto x1+ to there value. Recoveries can be a sign but it needs good return to be considered as mooning.

[kwabeedat]

that is what people call the lower greens. You get 1/2 % and you think we're bullish which is bad. Anyway looking at where the ATH is and where we are now, we really have a long journey to embark on. Nevertheless the odds are getting high for a bullish trend sometime later maybe not just now.

[Twinscoin2017]

that is wgat people call the lower greens. You get 1/2 % and you think we're bullish which is bad.

Yes i also believe that to the moon is different from recovery. If the price recover and it will rise soon maybe that is not called moon, it will be called recovery from the huge dip. The bitcoin or maybe the crypto will soon rise we just need to keep holding on to get a huge profit on it.

[boy130]

I agree these recoveries are barely true recoveries as by looking at the trend it seems that they are always falling short than any of the previous recoveries.

[wuvdoll]

All predictions and negative news will be drowned in the green of the market. I think that market ups and downs are necessary, which I have always believed!

If there is no up and down, then I do not see any market. It is more like a value auction market and the way it is fashioned is to see people bidding based on how the perceive the price at certain point in time which is what brings about the demand and supply in the market. Negative news as well as positive news will always be part of the market, but the thing amusing is that once we start seeing a little uptrend; a lot of new investors just start calling moon immediately.

It might even be a bit higher than 1% but one way or the other, the same way we have corrections when market is in an uptrend, is also the same way we always tend to have corrections when market is in a downtrend which most people are always so optimistic with the moon calling thing.

In a range bound markets, both bulls and bears are being trapped like this usually. Even staying away from the market is recommended, professional traders also sometimes get trapped by these recoveries due to the fake assumption of bottom is already reached. Waiting till new ATH may be a good thing for those who hate to risk much.

[cryptoalfs76]

It's irritating to see people saying that after a 20% crash (which happened a week ago or so), that 1 or 2% daily recoveries is a good sign for the market. It's not.

Actualy since from the start of this year,theres no a good sign happen in the exchange market,everythings still want to recover this bloodish market situation,therefore those saying that market 1 or 2% daily recoveries happen is a good sign are not true,because all of us still in struggle and want to recover our losses.

[Zero504]

It's irritating to see people saying that after a 20% crash (which happened a week ago or so), that 1 or 2% daily recoveries is a good sign for the market. It's not.

It is up to their opinion, obviously I am still waiting for the actual changes that will occur at any time, because in the current market for recovery 1 or 2% I consider it not for the sign that it will start towards the month, because even a minute of decline will happen. So relax for a moment with this bearish market

There is no correction limit that is seen related to price rally, the fluctuations that occur have not found a strong foundation and there are still many traders who are trapped in the market panic. I think this is indeed complicated, but in reality there is no reactive support point for significant improvement, we must be more patient.

[wayancrypto]

More than 8 month i waiting for next bull market but untill now the market keep down and there not any sign for bullish trend will coming. By to see historical price of Bitcoin, the longest distance  between bull market is 2 years , so if bull market not start this year can be next year will be start for it. Just keep patient wait for that thing to make huge profit and to recover loss.

[CryptoIyke]

I can understand you but no matter what, there is a little excitement it brings for whoever that bought at that level, whatever adds 5% - 10% to your trade capital is moon, Noobs do not know the difference, You can better say a Bull run for pure moon as you may tag it

[gabmen]

I can understand you but no matter what, there is a little excitement it brings for whoever that bought at that level, whatever adds 5% - 10% to your trade capital is moon, Noobs do not know the difference, You can better say a Bull run for pure moon as you may tag it

Well it makes them feel a little better probably seeing a slight recovery as bull runs so i think we'll just have to let them be. Those of us who've been in this market fir quite some time now know that the last bull run last december last year.

[Whosdaddy]

Yes right. We do not know exactly what are the reasons behind this changeable market price. Everybody is expecting a price increase for a long time now but when it started to go up, all of a sudden the market price starts to drop again and this makes us more frustrating. This is correct that crash recoveries are not going to the moon.

A market that changes over time is just basically dependable on the supply and demand level of the market. We all know the law of demand and supply, so I do not need to be stating what is obvious already.

The market does not have any news that is capable enough to drive in a huge demand, the market is also highly speculative in nature and the real life usage is not even intact yet, so all these things calls for the reason why the supply keeps increasing irrespective of there being a manipulation or not. If the market demand is obviously intact, as people are dumping, some are quickly buying and whoever is stronger in the market wins.

[lotsky123]

It's a big YES for me that crash recoveries are not going to the moon. We haven't even crossed the $8000 mark yet for quite some time. Though lately, it started to move slowly from $6K+ to $7300 then it stops there and after a few days it drops down again to $6300. So I don't think a bull run can be experienced this year.

[Maricurijohn]

Many predicted that the past 2017 will repeat and by the end of 2018 the price of coins will go to the moon, but I do not believe that this recovery is the same in 2017 but a slight recovery.

[Ryker1]

It's a big YES for me that crash recoveries are not going to the moon. We haven't even crossed the $8000 mark yet for quite some time. Though lately, it started to move slowly from $6K+ to $7300 then it stops there and after a few days it drops down again to $6300. So I don't think a bull run can be experienced this year.

Indeed, I also think the same, I also agree that crash recoveries are not going to the moon, since it can only reach $7,000 then fall like an elevator. It's a bit hard to predict when will the bull run start, I still believe that the price will rise, but I don't think that it will be the same as what happened back in 2017.

[Traderbtcc]

It's irritating to see people saying that after a 20% crash (which happened a week ago or so), that 1 or 2% daily recoveries is a good sign for the market. It's not.

Definitely. A 2% increase in value can't and would never equate to a 20% crash of prices. It's just that people get excited when it seems like there's a U-turn. The market is very critical now so a touch of green lightens up emotions a bit. If I remember correctly, Bitcoin did cross $8K mark in the last 3 months. Another thing is, If the value goes up like 2% daily for a couple of days, It'll make a huge difference.

[jhonjhon]

It's irritating to see people saying that after a 20% crash (which happened a week ago or so), that 1 or 2% daily recoveries is a good sign for the market. It's not.

It's really disappointing to us but it doesn't lift my trust and confidence in crypto market.  May we could huge dumps today but sure it will rich again and make rewards to those people that are perfectly keeping on waiting.

[ShineftChaos]

It's irritating to see people saying that after a 20% crash (which happened a week ago or so), that 1 or 2% daily recoveries is a good sign for the market. It's not.

The market can recover depending on the demand and we cannot do anything to make it grow faster so be patient on waiting for the price to pump up again.

[Claudyah]

It's irritating to see people saying that after a 20% crash (which happened a week ago or so), that 1 or 2% daily recoveries is a good sign for the market. It's not.

Do not be too confident in the news that is not necessarily the truth, and I think this recovery does not mean that it will become a bull market, this is still in price manipulation and the decline is happening again, so I think just enjoy it while in a market like this and keep waiting because now there are still no signs of price to go to the moon

[Daseento]

You share my view too. Where I once thought to be the "dip" has gone further to be "dipper" and before I could say jack, it's now "dippest". Coins have been exhibiting abnormal behaviour this day and only a full recovery that is major pump can revive lost hope.