Is the Market Finally Uptrend?

[okocrypto]

The bear market have lingered and has made many people lose faith in cryptocurrency. This is evident in the number of sell off recorded for the past few months. However, signs of recovery are beginning to emerge; BTC have crossed $7000 and still remain strong. Similarly, Ether have started showing strong signs of recovery after depreciating significantly for the past couple of weeks. Can we therefore, say that the much awaited upward trend is here?

What is your opinion?

[knuckey]

the increase has just happened and we cannot find out whether this trend can last long or bullish has begun. but we are happy because this increase has made little profit and also a high profit, for the buyers when the market fell yesterday.

[ashmodeus]

well
let's waiting for 2-4 days more .
i just think its too fast to say we on uptrend situation.
or this just quick rally money like a few weeks ago.
but, of course we get some profit on this time.

[YuginKadoya]

Don't keep your thoughts to high on it because we might see a big run down again depending on the mood of the market, So I can not peacefully say that we are riding the value upward, But I can only say that the market is in a good condition for now, We should wait for the month of September before giving a final verdict on the price, But then again there is no final verdict because anything can happen with the price of bitcoin.

[Panetymerni]

I would be very careful calling it a comeback of the uptrend. Let's hope for the best but don't get overexcited, we might again finish at 10k and come back down.

[tomahawk9]

Who knows, only time will tell if this is actually an organic growth or just an uptrend caused by shorts squeeze in the BTC market. I honestly think we're starting the recovery phase (it's about time), especially in the altcoin market which got hit really hard by the bear market.

Regardless, there should be a shift in market sentiment (from bearish to bullish) very soon as this recovery phase continues.

[Zadicar]

The bear market have lingered and has made many people lose faith in cryptocurrency. This is evident in the number of sell off recorded for the past few months. However, signs of recovery are beginning to emerge; BTC have crossed $7000 and still remain strong. Similarly, Ether have started showing strong signs of recovery after depreciating significantly for the past couple of weeks. Can we therefore, say that the much awaited upward trend is here?

What is your opinion?

No one can able to tell and we would always remain on speculation phase.This increase do only have 2 possible paths to take which is indeed a trend reversal which is bullish or just an another price increase or simply a bull trap which an another normal profit taking for those who do make shorting specially for whales or other retail traders but for us all we do hope for the start of a bull run.We have been on bearish since the start of this year.

[ekowkow]

In this year the trend of cryptocurrency price movements is very skewed with a downward trend, and until now I have not seen any signs of a change in trend from a downward trend to an uptrend, if you already have that view it might be explained in detail.

[ub27]

The bear market have lingered and has made many people lose faith in cryptocurrency. This is evident in the number of sell off recorded for the past few months. However, signs of recovery are beginning to emerge; BTC have crossed $7000 and still remain strong. Similarly, Ether have started showing strong signs of recovery after depreciating significantly for the past couple of weeks. Can we therefore, say that the much awaited upward trend is here?

What is your opinion?

This is just short-term growth. We are still uncertain and can confirm that the uptrend. If Bitcoin exceeds 9000$ then 100% of the market has uptrend and the bull market starts. But it is very difficult to take place this year

[edulord]

Well, the increase has just started and we can see that potential coins are rising slowly, I wish this will continue for a long time so that other altcoin will also begin to grow and then the bull run will start before the end of the year.

[Coinseeker22]

There are a lot of factors, it might be a hype or investors strategically positioning their investment. We are are still kn the bearish market if you’ll look at it. The trend change when the occasional pump and dump happened arounf second week of August. From then on Bitcoin is starting to hold a stronger resistance on a weekly basis. But yes itbis too early to say that we are on an uptrend.

[maarx]

Current growth is stable and yes appreciating. Last eight months' crypto value has been lower than 2017. Now the price of bitcoin and other altcoins started increasing. Hope this trend will continue hitting minimum $13K by end of December 2018. The first half really disappointed but the second half seems to be supporting the traders and bitcoin users as well. Hope to have this growth trend continue with stable attitude.

[adroitful_one]

I think this slight price increase was due to a few news articles that came out yesterday saying that the SEC is possible looking into approving the coming ETF. I know I stumbled across a couple of them while browsing the net yesterday. This would bring the price up a little short term, but won't help it long term unless it gets approved.

[tabas]

Too early to assume that we are now on the uptrend which is the most awaited trend for this year. Let's give some more time until we see if this isn't just a trap.

[krauzzer02]

The bear market have lingered and has made many people lose faith in cryptocurrency. This is evident in the number of sell off recorded for the past few months. However, signs of recovery are beginning to emerge; BTC have crossed $7000 and still remain strong. Similarly, Ether have started showing strong signs of recovery after depreciating significantly for the past couple of weeks. Can we therefore, say that the much awaited upward trend is here?

What is your opinion?

I bet some of those people who lose faith to crypto only knows that it will make them rich in a short period time without taking the risk of enduring those dumps and decreases every day well some of them are just securing their funds to stable coins to prevent further loses that's why they are selling off but once the fire of the bull ignites they will trade to crypto again, beware from bull trap though you never knew if that is the scheme right now.

[clarkgeneral86]

Wait until early September to know the upward trend or repeat as previous times. By the end of July, I think it started in the bitcoin's rapid growth, but after a few days that didn't happen.

[AAlex48]

The bear market have lingered and has made many people lose faith in cryptocurrency. This is evident in the number of sell off recorded for the past few months. However, signs of recovery are beginning to emerge; BTC have crossed $7000 and still remain strong. Similarly, Ether have started showing strong signs of recovery after depreciating significantly for the past couple of weeks. Can we therefore, say that the much awaited upward trend is here?

What is your opinion?

That's right, the market is getting cold from unnecessary attention.Once everything comes to organic consensus there will be growth.

[Mihaylovic]

i am not sure. total market cap is still not enough. and when it is climbing up, dominance of bitcoin is also raising paralelly. for an uptrend, marketcap should be about 500 billion and dominance should be less than 50%.

[jvdp]

The bear market have lingered and has made many people lose faith in cryptocurrency. This is evident in the number of sell off recorded for the past few months. However, signs of recovery are beginning to emerge; BTC have crossed $7000 and still remain strong. Similarly, Ether have started showing strong signs of recovery after depreciating significantly for the past couple of weeks. Can we therefore, say that the much awaited upward trend is here?

What is your opinion?

I will take this price changes as the initiative of the bull run ahead so kindly pick the right altcoins in the market it will be helpful for the future growth with your investment.
I am glad to look around the market and make the people go bigger in earning side. This is achieved if you invest on bear market time.

[dark1234]

I have collected some coin, altcoin and tokens because I am sure that after this there will be a price change that might not be the same as last year but there is definitely a price increase and now the market is starting to move and why not take advantage of all this ....