Crash recoveries are not moons

[Supercrypt]

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.

Indeed, we must stay on the fo while the price was showing minimal recovery and possibly it was just some part of the crypto corrections in parallel with bitcoin value. The perceptions on the price value was a great signs when it could blew up our minds upon noticing the price pump successively in the next few days. However we should take this opportunity right as we buy new coins to hold, do it now while the value was still cheap in the exchange markets.

Just some short correction which is an usual fluctuations for any market. The same way we always get to have corrections on the way up most of the time is the same way we will always get to have corrections on the way down  which is normal.

1% - 2% recovery that a lot of people are mentioning is nothing far from the bears showing us they are still in control and until then, the market is still in a downtrend until further notice, and the only thing we have is just to wait, chill and see where the trend leads us.

[pobeditelvezde]

I am not satisfied the current market situation because there is no nice argued  decision to buy BTC as well as there is no the similar decision to sell. I hate such a state of market because it is possible to mae many mistakes whne market is in a stagnation.
What anybody think about  the future of BTC?

[robotrobert]

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.

Surely they are not. After the fall of crypto from all the ATH's in December the current prices rises (if any) are just tiny fraction of whole thing and may not mean anything to the recovery process. This market now needs jump start of 50% or more then only we can say that they are in bull run and will be up for something then onwards. However currently they are not in the position and market is not really recovering at this point but it is getting hampered and loss is getting followed every where. Bull run is said to be at 15% up movement , but we are so much grounded right now that even 50% looks far from bull run.

Yeah you are right. Since December of last year, we are seeing bitcoin to be rotating in a specified circle. The prices are not getting out of this box. They are not getting up although there were many predictions about prices to get over this constraint in April. But two more months are about to end but nothing seems happy. Still, our hopes are high and we expecting a blast in end of this month.

[TheUltraElite]

I am not satisfied the current market situation because there is no nice argued  decision to buy BTC as well as there is no the similar decision to sell.

The market does not exist to make you feel "satisfied". If you dont like trading simply stay away from it and dont bother buying or selling. In fact that is the best thing to do at the moment. Hold the coins till the bear run completes and bullish wave starts. Then you can think of selling or crying because you did not buy more at the bear run.

I hate such a state of market because it is possible to mae many mistakes whne market is in a stagnation.

That is the fault of a naive trader. Others should be happy of the mistakes by the naive population.

What anybody think about  the future of BTC?

BTC is the future of the world economy.

[alfs75]

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.

we cannot,prevent people glorify or apprreciate if theres somethings,good happen in price pump in blockchain market,because this is a diversinary strategy,in order recover those loosing time of your crypto investment,so therefore in order to maintain the positive good vibes and luck in earning a good crypto profits you must boost yourself in order to continue the good karma and saying thats this recovery now is a good sign,and this will gives hopes to those who are weaklings into there faith in cryptocurrency.

[dekcutbusu33]

What was missing in the last week. If the two to three percent recovery percentage will be sustainable then we are on our way to recovery. Let's see what will happen in the coming days. This is a sign of Bear Bear's Movement and Bull's Weak recovery. It is advisable to wait for more days because there is a possibility Bitcoin will break the seven thousand price level instead.

[Denker]

I am not satisfied the current market situation because there is no nice argued  decision to buy BTC as well as there is no the similar decision to sell. I hate such a state of market because it is possible to mae many mistakes whne market is in a stagnation.
What anybody think about  the future of BTC?

Sorry but the market couldn't be more predictable at the moment. There is still down pressure. We are in huge falling wedge. Which in general is a bullish pattern.
But before a breakout of that pattern happens, I think we will continue going down. So now Bitcoin is cheap. Therefore the smart people are buying, accumulating.
Only unexperienced retail investors and newb traders are selling here. Ladder your buys! Every time price goes down a bit, you buy!
The bigger the red candles, the more I am happy to buy. Because in 1-2 years this will pay off big!! Buy when others are fearful!
If you wanna be a successful trader and investor, then that is what you have to learn!

[112_blockchain]

And why are you annoyed? Is the growth of 1 or 2% is not good news for crypto currency? Be positive.

[harizen]

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 fine. It's your own assumption after all.

But didn't you know that a small increase of recovery coming from a crash is a good indicator that it battling the established bottom? Meaning we can see the support around that price level therefore we can make up some adjustments on our strategy. 1% 2% etc. whatever it is, someone is buying around the price level.

Because that kind of price movement is usual then it's obvious that you will see statement like that. If you will not adjust then your irritation will continues....

[AnonBitCoiner]

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.

Actually the price is now recovering.Now the price of bitcoin again raised to 6138$,so it's seems good.May be by in few days the price will get back to new maximum price.When the price is recovered to old value,we can expect the new moon.Some may think it will not occur.But the price will reach new moon soon.

[r1a2y3m4]

If it isn't then why did bitcoin reached 20k us dollars? I mean, it suffered a lot of crashes and look at it. It's still standing still for investment and more people to trust this coin.

[Gaaara]

If it isn't then why did bitcoin reached 20k us dollars? I mean, it suffered a lot of crashes and look at it. It's still standing still for investment and more people to trust this coin.

Yup it always crashes its part of the nature of bitcoin and after the crash a slow redemption happens then go for a boost from the hype after the all time low and bounced back for a higher point. After a big crash it always goes over the last highest value then continues to dominate then crash again, its a cycle that cannot be broken from cryptocurrencies.

[Howard1102]

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.

bitcoin and crypto market has not recovered this year. Prices fell steadily and only rebounded 1-2% in a few days and then prices continued to fall further.

[ubeng07]

If it isn't then why did bitcoin reached 20k us dollars? I mean, it suffered a lot of crashes and look at it. It's still standing still for investment and more people to trust this coin.

Yup it always crashes its part of the nature of bitcoin and after the crash a slow redemption happens then go for a boost from the hype after the all time low and bounced back for a higher point. After a big crash it always goes over the last highest value then continues to dominate then crash again, its a cycle that cannot be broken from cryptocurrencies.

this is depnds but i have been ibserve a lot of coin that have been crash for but making to be boost in the future that is why this happens knly if that coin are profitable.

[dewi91]

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.

Actually the price is now recovering.Now the price of bitcoin again raised to 6138$,so it's seems good.May be by in few days the price will get back to new maximum price.When the price is recovered to old value,we can expect the new moon.Some may think it will not occur.But the price will reach new moon soon.

we hava been waiting for 6 months but until now we can't see the market recovering, may be this year we should not expect too much because it's almost impossible to reach a highest value like the end of 2017. I think this year is not good for crypto market and I hope next year will be better.

[Mahanton]

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.

Atleast you do already see some price gains and this is the thing where short traders do like and this is where would money came or profits to be made. You cant blame people to have the pessimism when it comes to prices and yet this thing cant really be avoided. It might piss you but those gains do give somehow hope that the market price do have sign of recovery.
Instead on getting pissed, why wont utilize those movements for you to make some money? 

[Johnzky]

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.

So what you mean to say that lets hope for continuously dropping ?because its better to have smakl growth than nothing always remember that.people are just being thankful because atleast market recovers even in small amount than just always falls since this is reality and dont let people be hopeful .

I do understand your sentiments because prices are drowning week after week but atleast let someone celebrate when we have atleast 1% than nothing at all

[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.

Its normal for the price of cryptocurrency to dump today because the price is very high for so long, always remember that the market is volatile so you should always invest a huge amount while you still have time just like today.

[MidKnight]

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.

I know it is not so pleasant to see those but it is their right to say their opinions. And they might just be trying to spread positivity around but some people don't like it like you do.  But still, I don't think 1-2% rise can be considered as a recovery.

[kenel]

if from an important resistance level, then Yes, maybe that's a good sign, and if in simple marks - I do not see it as a positive sign