The market is looking healthy and greener all over again

[cybersofts]

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?

[amicrypto]

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 of the next crypto bull run or this is just another pump by the whales to let people in and later catch 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?

Yeah, it is a fresh breath of air in the constant plunge that has been happening for the past few days. Looks like a good amount of buyers entered at the $3800 levels. So now we have a decent support established at those levels. But it would be too soon to call it anything. We are still in bearish territory. Wait for the trend to play out before entering with your funds.

[Baofeng]

For sure. I thought that $4300 is a mental barrier, but looking at the current price, it looks like its not the case anymore so we're looking healthier than excepted. So the total BCH war seems to be a non-factor none and perhaps we have seen the bottom at $3,300 and bears are really exhausted at this point and there's no massive sell-offs. I do hope it holds though to at least $4500 so that we might see a good ending this 2018 (at least $6500 is not bad).

[AAlex48]

In my opinion, mm makes short positions are removed.For a bigger fall.

[The Sceptical Chymist]

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.

[rodalutor]

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.

[zeingrind777]

I think it's just an ordinary pump, I'm not really sure about the bull run at the end of the year. Chances are, a bull run will occur when the BCHABC and BCHSV wars are over. Today's increase is likely because whales buy lots of crypto at very cheap prices so prices increase slightly.

[LeGaulois]

Nothing fancy to me. If the same happens every day for 15-30 days at least I will change my mind. Considering the lost in 2 weeks even a green +20% is nothing compared to 2 weeks back. Well I lie a little, it's better than nothing, but we need to see it for more days and not just 24 hours.
There is still a lit candle that gives us a glimmer of hope, we just have to believe in Santa Claus.

[unusualfacts30]

I'm not sure why so many people are complaining about it. I for one am happy that it's getting green and I hope it continues on this path. It may be dead cat bounce or not, we don't know but being optimistic helps.

[Findingnemo]

The prices are going to change from time to time always and forever so which is nothing new to discuss about when there is small price change in the crypto cap values and one more thing everything can change in minutes so still risky and think before you buy now.

[Dimon8]

I have a non-standard point of view, in my opinion, the market made a U-turn in order not to lose and keep interest in crypto currencies of investors and ordinary people. If Bitcoin fell below $ 3000, many small investors would lose money, it would be anti-advertising crypto. This can confirm that the crypto market is controlled.

[Semaj123]

It's how the market behaves and still we aren't sure about when this will continue. Those who are trading daily could somehow managed to gain some profits and hopefully everything is going to be good until next month.

[davis196]

I have a non-standard point of view, in my opinion, the market made a U-turn in order not to lose and keep interest in crypto currencies of investors and ordinary people. If Bitcoin fell below $ 3000, many small investors would lose money, it would be anti-advertising crypto. This can confirm that the crypto market is controlled.

Yeah.All the altcoin prices are controlled by bitcoin and the bitcoin price is controlled by the crypto whales,big miners and the cryptcurrency exchange platforms.However,something makes me think that the recent price crash was caused by a temporary lack of control,not by pure manipulation.The temporary lack of control was caused by the BCH drama.

[Shinpako09]

Yeah, I was happy to see the market green again and all their negativity mindset seems gone as of the moment. Holiday season is approaching, hope this green will continue until Bakkt launched. If ever, we're going to have a much better 2019 compared this year 2018.

[ATMD]

Hopefully the recent price rise is a sign of good things to come, being pessimistic does not help bring up the price, a market can flourish only when people are optimistic about its prospects.

[keyscore44]

Hopefully the recent price rise is a sign of good things to come, being pessimistic does not help bring up the price, a market can flourish only when people are optimistic about its prospects.

It's true that we should always think optimistically, but even the greatest optimism will not help if the whales still want to manipulate the price and make people panic.

[Lumi3004]

For me today is a little cheerful for people who invest in cryptocurrency, especially Bitcoin,
in this price move it can be said that is a good thing for Bitcoin today, I hope this will be the beginning of goodness and boost up for the market prices throughout the world, this is a good moment for all.

[TheBlock]

for me if the price is less means I can invest in it more  no but actually I believe it will start moving up up in april hopefully!!

[1Referee]

I'm not sure why so many people are complaining about it. I for one am happy that it's getting green and I hope it continues on this path. It may be dead cat bounce or not, we don't know but being optimistic helps.

People are realistic, that's a better term to use. If you look at how much the market has gone down in terms of percentages, current bounce up is nothing more than a tiny improvement of the sentiment. I would even like to say that the current bounce up is a textbook "recovery" before we are heading down again.

Of course, I hope that I am wrong and we are actually working on a recovery, but it seems too easy at this stage. As we have seen in the last couple of weeks, what people thought would be bottoms are now levels we are far away from. I like the volumes though. There is plenty of activity going on which is what we want to see in crypto. Volume = interest.

[dothebeats]

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.