Is the Market Finally Uptrend?

[chip1994]

Need to wait to make sure if it's real or just a new trap come from the whales . So many times market rise back a little bit like this but right after that whole market dump back to hell very quickly. Nobody can ensure at the moment if bull market is coming or not . Let's see.

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[richminded]

We see a good run today and the market really looks good but I think its too early to say that this is the start of an uptrend, maybe we need more time for this one. For now, just don’t take profit yet wait for more days as we welcome the ber months, this can be a good start for bitcoin and cryptomarket.

[Malandro]

We need some new High Tops with high volumes

[srcnckr]

Need to wait to make sure if it's real or just a new trap come from the whales . So many times market rise back a little bit like this but right after that whole market dump back to hell very quickly. Nobody can ensure at the moment if bull market is coming or not . Let's see.

The market has increased quite little and can not be confirmed as uptrend. More tracking is needed to determine the trend over time. I think investors should be well prepared to make the right decisions.

[Coinrush20]

Difficult to say or to claim that we are heading upward. Things can go either ways and as of to date. Though we can see thame significant incline accross the market we are still in the bearish trend and it can drop anytime now.

[tondenga2122]

No big news yet and the volume just increases a little bit.
So, we can't confirm yet it is an uptrend or not.

[longminh123]

Need to wait to make sure if it's real or just a new trap come from the whales . So many times market rise back a little bit like this but right after that whole market dump back to hell very quickly. Nobody can ensure at the moment if bull market is coming or not . Let's see.

The market has increased quite little and can not be confirmed as uptrend. More tracking is needed to determine the trend over time. I think investors should be well prepared to make the right decisions.

If recovery is good for 2 weeks in a row, I am sure the uptrend will definitely happen and we should watch the current market because whatever is happening is not yet certain. I believe that in the uptrend phase, all investors will be very active in ICO and Trading and we can make a good profit.

[coyote50]

this could be another dead cat bounce, so i would be careful. i think BTC needs to break through $8500 before we can say we're in a bull market

[slaman29]

Well this is what, the fourth? Fifth? Sixth time this year I keep seeing "market is green again and bull is back" comments. I don't know. Too tired to get lied to again, so I'll just assume this is another short rally that will disappear as soon as either some bad news happens or people want to take more profits.

I managed to get into a few good alts to increase current portfolios so I'm not unhappy with myself in this period. Uptrend to turn into bull run? Don't think so yet. People still want short term profits.

[JofryTheKing]

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?

There were many such signs when everything seemed to have recovered, but the correction killed all hopes and a new wave of sales began. Do not think that everything will be restored so easily and simply, a powerful push is needed.

[CryptoTech_]

in the past two days the market has experienced a fairly stable increase, not as usual if false rises rise rapidly and fall too fast, but these two days the market rises regularly hopefully this is a sign that the market is stabilizing

[jamids]

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?

Can't say that this is the uptrend. Few weeks ago, we are around $8,000 and then went back to around $6,000 and now when it cross $7,000 we cannot really judge if it will continue that way because some traders may just short it. Judging by the number of shorts, it is decreasing so there is a chance that maybe it would continue still to go up. There may be some who are just waiting for this moment to join the crypto world again. Nevertheless, we should not be complacent and be on guard always in setting our buy and sell price.

[MV7]

Lol this must be like the 100th thread of "are we in a bull run yet"

Every single time the market increases like 5% we have the same conversation, and then we're all disappointed a few days later when everything drops by 10% or more

[dollurs]

We can see a little bit of uptrend for few days. But it is too early to say something about this. This could be a temporary uptrend. Let's wait and see what will happen.

[unusualfacts30]

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 think that has to do with the morgan creek news whose ceo believes bitcoin would reach $500,000. I wouldn't take it as major uptrend but keep watching and see how it acts in few weeks but definitely a good news for investors.

[TucoRamirez]

As much as I would love to hope that we will rocket through 8k, onwards and upwards towards 10....12....and beyond, I don't see it happening so soon.

I believe we will trade in a range between 5700 - 7700 for the next few months.

[iram3130]

if it continues to hold the 7k$+ area, I will say that it will be an uptrend coming. Because its making 7k$ a strong support for future trends. hopefully, we will see bullish trend soon.

[Maricel2017]

we are hoping that this would continue to make all people able to get high profit in every investment they did, me i always think more positive in the market always promotes coins which is i am holding to make grow my income.
Also i see that some investors taking advantage in low value that is why the demand are now increasing that reflects in the value of coins in the market.

[Red-Apple]

it is too soon to tell because most importantly bitcoin has started going up and in its initial rising stage the altcoins usually go back up. but from that point a lot of  different things may happen. for instance we may end up seeing another dumping frenzy start as the whales dump again since there was a recovery and prices were higher. and also we may see a big bitcoin rise which will always cause a big altcoin dump.

[letsfly]

Somehow the market is climbing up although its still early to say that we are back on a bull trend. Just observe and stay updated on the market movement.