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Author Topic: Crypto Market begins to spike to 7,400$ possible breakout until 10,000$  (Read 241 times)
EscrowService28 (OP)
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July 18, 2018, 03:16:22 AM
 #1

The crypto market surged billions of $ in just 30minutes timeframe. This is amazing, Check out the article below for reason. I've seen this kind of pump last year although I'm not into cryptocurrency yet during that time read a lots of price hike. As a newbie I can't say if this is the beginning of Bull market.

https://www.ccn.com/crypto-market-adds-20-billion-in-30-minutes-as-bitcoin-spikes-above-7400/

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July 18, 2018, 03:38:51 AM
 #2

The crypto market surged billions of $ in just 30minutes timeframe. This is amazing, Check out the article below for reason. I've seen this kind of pump last year although I'm not into cryptocurrency yet during that time read a lots of price hike. As a newbie I can't say if this is the beginning of Bull market.

https://www.ccn.com/crypto-market-adds-20-billion-in-30-minutes-as-bitcoin-spikes-above-7400/


Let's see if this spike will now be the start of going back to road $10,000+ price level. The price increase should now triggered the much awaited bull run expectation of majority. Again there is always a possibility that this might be a trap but still we can considered this as a good sign after some long period of bearish period.

Up to us now if we want to take the ride or will remained negative again thinking that bull run should start at the last quarter of the year like anyone is expecting. No one knows if this will be the start of bull run so make your own speculation about the current trend our from doing fearless analyzation.

Ride at your own risks.

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July 18, 2018, 03:44:25 AM
 #3

The crypto market surged billions of $ in just 30minutes timeframe. This is amazing, Check out the article below for reason. I've seen this kind of pump last year although I'm not into cryptocurrency yet during that time read a lots of price hike. As a newbie I can't say if this is the beginning of Bull market.

https://www.ccn.com/crypto-market-adds-20-billion-in-30-minutes-as-bitcoin-spikes-above-7400/

Well, this is expected to happen, It been really a hard month for the crypto markets price. Because of the whales dumping BTC price then the altcoins also follows down. I think this is the beginning for bitcoin to revive from all the hardships it's been taking.

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July 18, 2018, 04:29:20 AM
 #4

Market revitalization is a common occurrence. Perhaps the "whales" have bought enough BTC and it's time to sell and revive the bull market. I hope that this will happen.
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July 18, 2018, 04:45:41 AM
 #5

The crypto market surged billions of $ in just 30minutes timeframe.
it is not the market that went up billion, it is the market cap which you shouldn't even be looking at in first place. there are thousands of shitcoins each with billions of coins if every one of them go up a small amount in price like $0.01 then the total market cap goes up in billions. and they don't even have to be pumped. bitcoin going up means they go up in $$$ value with no effort!

Quote
As a newbie I can't say if this is the beginning of Bull market.
just because price went up a little it doesn't mean it is a bull run and it certainly doesn't mean a huge price rise is on the way. it may be but you can't make the conclusion based on this small rise.

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July 19, 2018, 04:44:40 AM
 #6

Market revitalization is a common occurrence. Perhaps the "whales" have bought enough BTC and it's time to sell and revive the bull market. I hope that this will happen.

Isn't it the other way around? They've sold enough and now is the time to buy again to push the tuna and catfish back in the business.

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July 19, 2018, 05:08:02 AM
 #7

I'm not optimistic personally. I don't see any bull market anymore in 2018. Maybe in 2019. We will see. But I  would not expect too much if I were you 😉

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July 19, 2018, 05:20:05 AM
 #8

The crypto market surged billions of $ in just 30minutes timeframe.

was something very incredible and the dominance of bitcoin is also increasing a lot, even reaching 43.9% and while the price of bitcoin goes up a lot, the altcoins are already falling a lot ... this really reminds me of the scenario of last year

I've seen this kind of pump last year...

Last year was very incredible, we had an unimaginable price increase

As a newbie I can't say if this is the beginning of Bull market.

not even professionals have this answer

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July 19, 2018, 05:45:42 AM
 #9

There are tons of predictions from the other people. Some said  it will just hit up to $8k only and then another huge bear moment will come. Your price speculation will also possible as we saw how history repeats itself in cryptocurrency. But then i believe it will not totally go up that far, thus, we will still experience some kind of ups and down.
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July 19, 2018, 05:59:11 AM
 #10

The crypto market surged billions of $ in just 30minutes timeframe. This is amazing, Check out the article below for reason. I've seen this kind of pump last year although I'm not into cryptocurrency yet during that time read a lots of price hike. As a newbie I can't say if this is the beginning of Bull market.

https://www.ccn.com/crypto-market-adds-20-billion-in-30-minutes-as-bitcoin-spikes-above-7400/
The price growth is very huge in the short time span but now it is again swinging in that range and many people says that this won't last long again it will fall back to $6000 range.SO it is early to say that is is the start of bull ru,maybe a quick trap from whales to make quick money.

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July 19, 2018, 06:08:29 AM
 #11

The crypto market surged billions of $ in just 30minutes timeframe. This is amazing, Check out the article below for reason. I've seen this kind of pump last year although I'm not into cryptocurrency yet during that time read a lots of price hike. As a newbie I can't say if this is the beginning of Bull market.

https://www.ccn.com/crypto-market-adds-20-billion-in-30-minutes-as-bitcoin-spikes-above-7400/
we cannot say this is the beginning of bull run because this market has its own mind and it always has it pattern but some time the pattern can be set aside because of the fundamental analysis or news.  I am happy to see bitcoin recovering and hope this pump is genuine.
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July 19, 2018, 07:13:31 AM
 #12

With this rapid rise it's a big question that so many people are coming together to pump prices above $ 7000 the fear of getting stronger where the bullish market is getting saturated now, potentially going back out simultaneously, I just guessed it because it's a bit difficult to be trusted in the next few days, let's see if the bullish market will advance or bear to reappear, I would not be surprised that anything will happen in the next few days as it prepares to be more careful following the market flow for profit.
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July 19, 2018, 07:25:59 AM
 #13

I have been keeping a watch. BTC was expected to touch $7800 before a correction. But price is unable to reach there and hs been hovering over $7300-$7550 with a little correction here and there. This shows that buyers have been exhausted but sellers are still not that strong to bring price back to below $7k. This shows that we are due for a breakout which will happen sooner or later.
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July 19, 2018, 12:56:24 PM
 #14

The breakout will be sooner as there is a lot of positive news coming out these days. The only thing that can derail it is another hack on a major exchange. No more hax on coinrail or bithumb please, bitcoin back on an upwards trend moving to 10k this time

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July 19, 2018, 02:41:42 PM
 #15

It id bullish rise but not will start a bull run like the one in 2017, it can easily go back to $6000 after going up to $10.000 or $12.000 .

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July 19, 2018, 03:05:22 PM
 #16

The 20-30 Million money that came into the crypto just bought bitcoin only that is why when the price of Bitcoin spiked, many altcoins didn't rise too. In 1 hour chart of bitcoin, it is moving sideways at this moment. It maintained the 7300-7500 price. Now lets wait for it to do its next move. Will it retrace to around 7000 or it will spike again like it did days ago. One thing is for sure at this moment, we are in a bearish trend even this happens:).

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July 19, 2018, 03:33:59 PM
 #17

The crypto market surged billions of $ in just 30minutes timeframe. This is amazing, Check out the article below for reason. I've seen this kind of pump last year although I'm not into cryptocurrency yet during that time read a lots of price hike. As a newbie I can't say if this is the beginning of Bull market.

https://www.ccn.com/crypto-market-adds-20-billion-in-30-minutes-as-bitcoin-spikes-above-7400/
If bitcoin will go so high it would be awesome, but I think that after that we are possibly going down even more, whatever I cannot predict it as well as nobody can say for sure what will be happening next.
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July 19, 2018, 03:50:03 PM
 #18

If Bitcoin can rise to 10,000, then that's fine, but I'm afraid that we are waiting for a new paden of Bitcoin.
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July 19, 2018, 04:04:25 PM
 #19

prediction proofs itself again today after price hike in july month. Due to us decision on crypto people bought btc today but result was negtive still btc standing at 7400$ as per https://coinmarketcap.com/currencies/bitcoin/

Records shows - 18 july btc was traded at 6,103,410,000 $ it is all time high in month.
total market cap increased from 115,602,000,000 $ to 125,491,000,000 $ in just one day.
6.79% of bitcoin trading volume come from binance website from btc/usdt pair which is itself crypto currency

Bitcoin is back Hold now and enjoy ride
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July 19, 2018, 04:49:22 PM
 #20

It id bullish rise but not will start a bull run like the one in 2017, it can easily go back to $6000 after going up to $10.000 or $12.000 .

if the trend is reversed and the rising starts (not just a jump to $12k in one day but a solid rise that takes longer) then the lows also increase meaning after rising back up to $8k if a drop happens it won't be down to previous low ($5700) it will instead be higher. then when $9k breaks the low will grow higher again and again...

in other words after reaching $12k since it is after the major resistance at $10k it will become nearly impossible to go back down to $6k

There is a FOMO brewing...
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