The market is looking healthy and greener all over again

[okala]

I sow that yesterday but it is not much encouraging as it looks like fakeout. Since morning it remains in the same area and that means it might fall again.  The bull has no momentum to push the price further up.  I think now still remains the best time for us to invest and if you are wise you will invest now.

[1715438964]

1715438964

[1715438964]

1715438964

[DAVETUN]

The expectation for the bull run to commence is high, but we have several dip in year 2018, not so good as we cannot categorically ascertain when the bull run will coomence, today sign of green does not mean the bull run is commencing, lots of investors have speculate that year 2018 will be fully meant for correction, we hope the bull run will commence in December at least to $5000, the future is bright no need to panic.

[harizen]

What a sunny day for bitcoin and the cryptocurrency market? The market has added over $20 billion in the last 48 hours.
is that the sign for the next crypto bull run or this is just another pump by the whales to let people in and later cash out their money?
Are we on the verge of seeing another ATH very soon or it is just an ordinary pump... What y'all thinking?

Your question is the same when the trend is quiet on a bearish mode.

So the bottom line here is; no one knows the accurate answer for your question. Even how well we analyzed it, overall it will be a speculation.

Just watched the progress and don't just make a conclusions using the recent short period of price movement as reference.

[aoluain]

Of course the markets are looking healthier, they always do after a big
drop, this could also be as suggested a dead cat bounce and we could
see another sharp drop but it will be all right again.

All those who were fearful of the last drop will learn from this and know
not to panic when it happens again, and it will.

[bettercrypto]

It's all green, but need to take note of the percent increase. If you'll notice that percent increase is smaller than every percent decrease. Accumulating through times in a week, the market is still on the downward trend. The good thing about the chart is the volume of cryprocurrency coming in. Hoping this will continue to grow.

[Bobby park]

For sure. I thought that $4300 is a mental barrier

A mental barrier for who?  People who bought in at $4300 and thought the price would never drop below that?

Hate to be a party pooper here, but this could very well be a dead-cat bounce.  I'm not complaining whatsoever about the rebound in the past 24 hours or so, but it's only been a day and nobody here knows whether bitcoin's going to continue to increase or if this is something like short sellers covering their positions--in which case, there could be more pain ahead.

My advice (worth everything you paid for it):  If you bought bitcoin when it dipped below $4000, sell it now and take your money off the table.  And wait.

Its a good advise came from you sir! I think also that it is a short pull back for the market. All people who bought at 4000 dollars below should take profit right now or else they will regret once bitcoin dump again. Its horrible to invest in this market condition where we cannot predict whether the market is in trend reversal or just a hype.

[Pumapipa]

Everytime I look at Coin Market Cap, then I see all green, it makes me very worried especially when there is a sudden pump, becaue I know that reversal is just around the corner. This year taught me to never be complacent especially when prices go green-- you'll never know when the next red will hit the market. For sure it will hit hard. For now, we can just relinquish the joys of this market and play our money very wisely.

[Harrisonimo]

We can sure still expect to see few dips to round off the year. But with the way things are at the current bitcoin price, one can only but be modest to choosing the 5,000$ as the closing bitcoin price for year, 2018. The green markets is just a glimmer of hope but will have to get to the 7,000$ mark by year's end.

[Kemarit]

I don't know I have a mix feelings about the sudden jump above $4200-$4300 as this might be a dead-cat-bounce again. Or speculators laying out its bear trap or its a false signal, we will see. Of course being a trader, checking the price and seeing it in green feels good. But once you look closely and analyze then everything chance. Somehow you should make your decisions and adjust your trading plan. Personally though, I'm not confident of the sudden reversal so trade wisely.

[EllieBasti05]

That is why bitcoin price is very volatile. As everyone saw bitcoin value is fluctuating then recovered 2 to 7 days. If the value of bitcoin continues to decrease many small time investors will loose their money. But $4300 value is not bad, and it look like its getting ready for total recovery.

[Janation]

That is why bitcoin price is very volatile. As everyone saw bitcoin value is fluctuating then recovered 2 to 7 days. If the value of bitcoin continues to decrease many small time investors will loose their money. But $4300 value is not bad, and it look like its getting ready for total recovery.

That is the reason we should not spread that FUDs all over the forum as it recovers quickly.

A lot of posts I've read is Bitcoin dying again, Bitcoin and the market is red and all of that stuff but now it is recovering and people now are regaining that smile, that hope that the price might hit another ATH again though I don't think that will happen these year, it might be next year or the next next year but all I know is that the possibility is not zero.

[GrayFullbuster]

What a sunny day for bitcoin and the cryptocurrency market? The market has added over $20 billion in the last 48 hours.
is that the sign for the next crypto bull run or this is just another pump by the whales to let people in and later cash out their money?
Are we on the verge of seeing another ATH very soon or it is just an ordinary pump... What y'all thinking?

It is just a cycle of the cryptocurrency market. There are times that the market is dumped and there are also times that the price of the coins are good. Like today, most of the cryptocurrencies experience a little increase in their price.

[WinslowIII]

The support @ $3600 was never breached, and several days ago the bulls are testing $4000 only to have breached it yesterday and made a comfortable footing at the said range. This might be the start of a recovery but I'm not too optimistic yet since we've seen the same pattern happened last week: a slight increase and it went downhill from there. The climb back to $4000 seemed to be flawless and haven't met any resistance as of late, which makes me somewhat doubtful of what the coming weeks has to offer for bitcoin.

Wrong, 3600 support was breached 3 times over last few days, low was 3474.

[jacafbiz]

How people have started again, for me Bitcoin having a upward reversal depend on the events and news entering the space this late 2018. BAKKT launch in December would have helped greatly but was postponed till January, for me I just have an open mind but don't see any major drop again this year unless people start talking profit for festive period

[yitzjoe]

crypto prices have continued to decline until now, it happened to under $ 4300 and a major defeat has hit many cryptocurrency users. I am still optimistic that crypto will rise from the problem this time but it will take longer for that. all must be patient and process to get better to get a better price for CRTPYO in the future

[wewe123]

As we can see the market now,  the price value of coin is still on lower level, it had not yet rise up for the expectation of every coin holder, the market falldown is still on the go, and every people are still waiting.

[Shimmiry]

I'm not counting any chickens, all year we've seen the market slump for 3-7 days at a time then have a short 1-2 day recovery before stability and then the next slump. This time could be different, but then again it might not be.

Probably it is. It is very unpredictable. Things happened the way we do not really expect. The pump and dump happens without us knowing. But then we all need to hold and wait for the right moment to gain profit. It is very important to know or analyze the market always.

[Indamuck]

This is why it's dangerous to short bitcoin, it has been known to spike in a short amount of time.  The only people that can safely short are those with inside information or the whales themselves.

We may dip below $4k again if CSW decides to dump more of his personal stash.  Ver and Jihan may have more to dump as well.

[bangkit tri]

I'm not counting any chickens, all year we've seen the market slump for 3-7 days at a time then have a short 1-2 day recovery before stability and then the next slump. This time could be different, but then again it might not be.

Probably it is. It is very unpredictable. Things happened the way we do not really expect. The pump and dump happens without us knowing. But then we all need to hold and wait for the right moment to gain profit. It is very important to know or analyze the market always.

indeed yesterday the price was green, but today it turned red, I was still afraid if this was just a correction, so it would continue the bad trend again. I hope I'm wrong, because the price is already quite low

[Cling18]

What a sunny day for bitcoin and the cryptocurrency market? The market has added over $20 billion in the last 48 hours.
is that the sign for the next crypto bull run or this is just another pump by the whales to let people in and later cash out their money?
Are we on the verge of seeing another ATH very soon or it is just an ordinary pump... What y'all thinking?

It is still a good thing that despite of the dip, the prices are still rising up a a bit. It is hard to predict the future value of cryptocurrency but we must just keep in mind that the dip isn't on it's stable condition. The market would still recover no matter what. The green market is just a simple evidence that better days are coming our way.