I have a good feeling about this rally!

[jamesashmore1964]

I think this is not a trap rally, I see this is the turning point of the fall of harag cryptocurrency some time ago, I have predicted that Ethereum could reach $ 650- $ 700.

But that's just my prediction, because what I see resistance at both points is very strong.

The rally is not going well: see what happens!

[mastadonballs]

I'm also afraid that if BTC price can get over $7k so everything will be really bad . At the moment we need to ensure that if BTC price can get over $7k or not, if it can't so that mean downward trend is not over yet and this is just a trap of the whales to kill all other new traders or investors .

[ASHLIUSZ]

I don't think the ongoing price increase is a manipulated growth. From my view what is happening around the network is entirely a stabilized growth, because lot and lot of good things related to cryptocurrency have been taking place in large scale supporting the growth.

[Warry]

It's really difficult to predict anything about this crypto world at the moment. I think the only thing that we can do at the moment is waiting and hoping that BTC can break $7000 and rise back to $10k asap. At the moment, Bitcoin price is being stable at $6k6 and it's a good time for other good altcoins to rise back then BTC will follow them later

[rose9696]

I respect everyone wants the market to moon

But

The rally was bot induced

There is no real demand for Bitcoin

If the run up to Bitcoin 6800-7000K FAILS this market will correct with a vengeance and destroy everyone’s hopes and dreams.

Professional traders are not trading in the the 6000-7000K Bitcoin zone: it is extremely dangerous and the intentions of the the bots and whales is unknown!

If Bitcoin is rejected at 6800-7000K the Alts will go down in seconds: The only thing that will save you is a stop loss.

One day the market is bearish the next it is bullish. If the bears come in - OMG!

I think you have wrongly argued. There are lots of whales that trade every day to make a profit because they understand how the market works. They have a lot of money and we can not understand how they trade and make money.
I appreciate your views but it seems too negative.

[raven7886]

At this stage, I expect everyone to understand that this is not a market set yet for any uptrend, let alone some bull run and it is best to stay very careful at times like this so as not to be a huge victim of failed and bot induced breakouts. That was a very weak one and I would not really be so keen to getting into market at a point in time like this, unless there is a glaring move to the uptrend. There is still the possibility of seeing some more downward movement which is why being careful is necessary.

[Zadicar]

I think this is not a trap rally, I see this is the turning point of the fall of harag cryptocurrency some time ago, I have predicted that Ethereum could reach $ 650- $ 700.

But that's just my prediction, because what I see resistance at both points is very strong.

So you do have the crystal ball? Just kidding.

Anyone can make his own analysis on where might the price will possibly go and basing on some technical analysis we can really presume that we might heading up there. For now i cant see a rally but rather a normal increase of price. Strong resistance not only on bitcoin but also in all altcoins in the market but well we do know not all technicals would be followed up.

[Auponef]

I think this is not a trap rally, I see this is the turning point of the fall of harag cryptocurrency some time ago, I have predicted that Ethereum could reach $ 650- $ 700.

But that's just my prediction, because what I see resistance at both points is very strong.

The rally is not going well: see what happens!

The price is still higher than a week ago.

[Jaycee99]

There is no real demand for Bitcoin

There's no demand for bitcoin.

Yeah there's really no demand for bitcoin. Last time the price was $5,800 to $6,300 and now $6,600?

There's no demand. Ok

I disagree with that because for I see investments, market in the business world and goodies like the supply comming from super market.

I would say in the real world the uncooked rice the pork and meat there value goes up and down because of the
demand and supply.

FOR EXAMPLE IN THE real world...

So here is what Iam pointing out here with you guys. When buying a meat the value the price change when something happens when less supply or more

IN relatiom to the crypto world...

when you buy token the value changes because of people buy and sell and holl and as a I know it is the supply and demand of bitcoin and altcoin.

[Febo]

At this stage, I expect everyone to understand that this is not a market set yet for any uptrend, let alone some bull run and it is best to stay very careful at times like this so as not to be a huge victim of failed and bot induced breakouts. That was a very weak one and I would not really be so keen to getting into market at a point in time like this, unless there is a glaring move to the uptrend. There is still the possibility of seeing some more downward movement which is why being careful is necessary.

Even after we reach bottom we will see for at least half year of staying close to bottom and going sideways. This sideways moment lasted from January 2015 to October 2015.   We will see lots of FUD coming after new year when Bitcoin will show quite bad investment in 2017. And also in months till new year. although price cant fall that much anymore we are far from the most dulling months in current Bitcoin cycle.

[siagh357]

How do you know there is no real demand for bitcoins? Bitcoins is demanded but other factors which might be more suppliers through the increase of miners might be the cause of the decrease in prices.

[austinsku]

Intuition is a good thing, but you need to rely not only on it. There are my sources with information on crypto-currencies, you just need to be able to collect the facts and check them - and then you can invest peacefully.

[rudolfaxl]

Yeah, your fears are justified. The market is not recovering, but sometimes it shows a good growth. We should always use stop losses during trading, because it save us from big losses.