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Author Topic: The market is green today from 3.1 to 3.7K BTC, will bull reconnect?  (Read 816 times)
eagle10 (OP)
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December 19, 2018, 10:50:42 AM
 #1

I had seen the best green today, from 3K to 3.7 price of BTC market is moving up as well with the altcoins. Will the bull ready to run? Or trying to give signs that it is already ripe to go up? What is your thought?
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December 19, 2018, 11:07:02 AM
 #2

I had seen the best green today, from 3K to 3.7 price of BTC market is moving up as well with the altcoins. Will the bull ready to run? Or trying to give signs that it is already ripe to go up? What is your thought?

Even if this is the beginning of what will be a transition to a bullish market, it's not going to be without some hiccups, there will still be big price drops occurring from time to time and so it's not a simple case of put in money and ride out the wave to the top.

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December 19, 2018, 11:46:00 AM
 #3

I had seen the best green today, from 3K to 3.7 price of BTC market is moving up as well with the altcoins. Will the bull ready to run? Or trying to give signs that it is already ripe to go up? What is your thought?

Even if this is the beginning of what will be a transition to a bullish market, it's not going to be without some hiccups, there will still be big price drops occurring from time to time and so it's not a simple case of put in money and ride out the wave to the top.

Well said, it would be a foolish think to thing the next Bitcoin growth would be a linear growth. To be sincere it is a good feeling seen green allover the space because the feeling and the much awaited  recovery seems to have begin, for me if we go above $4k and sustain this I think we have seen the worst and expect the price to do a steady growth until the hype of halving kicks in


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sergiorus
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December 19, 2018, 11:50:51 AM
 #4

looks like another bull trap which is not rare recently
of cource it can be a trend change but it's too early to be sure
we should wait a little for confirmation
Milamol
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December 19, 2018, 12:15:09 PM
 #5

Yes, it may be the pullback in the downtrend. The beginning of an uptrend can be considered only when the BTC price breakouts 6K+ consolidation levels.

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December 19, 2018, 12:54:38 PM
 #6

Im hoping that the remaining days of 2018 will be bullish. Btc will go 6000$ and eth will regain the second spot and the price will be back at 300$ before the year ends.

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December 19, 2018, 12:58:18 PM
 #7

it is pretty hard to tell at this point but in my experience bitcoin price has been somewhat like an elastic spring that you can press and press on it so far to make it go down but as soon as you run out of energy to keep the "pressure" it releases violently upwards and shoots up suddenly because of the built up demand + the follow up FOMO by newbies who sold at the bottom.

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kolonel_x
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December 19, 2018, 01:07:43 PM
 #8

well everyone hopes this is a bright hope point. but I think this is just a price correction and it can be when the time goes down and makes us lose hope for the near future

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Didin
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December 19, 2018, 01:10:04 PM
 #9

I had seen the best green today, from 3K to 3.7 price of BTC market is moving up as well with the altcoins. Will the bull ready to run? Or trying to give signs that it is already ripe to go up? What is your thought?

i hope so,, but usually a concolidations mode will come first before the bull really come to crypto world
so, the price could be down again for a while, then bounce up with full power

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West0813
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December 19, 2018, 02:42:33 PM
 #10

Don't easily trust the green market today. Because the market is very unpredictable this year. It show green now but the other day it will turn to red again. But were still hoping that this green will continue to grow again.

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DonFacundo
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December 19, 2018, 03:38:46 PM
 #11

yep I see the green market today, but I'm afraid that bitcoin will go down looks like it's a trap, Christmas is not over so bitcoin fly down anytime.

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December 19, 2018, 05:07:04 PM
 #12

If you ever learn anything from your history, I would not say this. But of course I do hope it, we are tired of this bear already but we can not deny that the chart and our market are on the decline. It is very glaring, even if you do not have any background in technical analysis before. You could tell that the price has not bottomed yet, it could go lower from this point.
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December 19, 2018, 05:10:33 PM
 #13

It fell too much, I don't think you could trust this ascent. But if this ascension is a harbinger of good times.
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December 19, 2018, 05:18:35 PM
 #14

it's still not bullish now because it's near Christmas and New Year I'm afraid this is just a trap. but if the price can rise above 4000 and 5000 maybe that is definitely bullish

jagdeepjd
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December 19, 2018, 05:36:19 PM
 #15

BTC showing some bullishness here surprisingly. It might be a suckers rally before the trail down, we will have to wait for the further resistance breakout before we can call if the bulls are in full mood.
kumiskura
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December 19, 2018, 06:42:05 PM
 #16

BTC showing some bullishness here surprisingly. It might be a suckers rally before the trail down, we will have to wait for the further resistance breakout before we can call if the bulls are in full mood.

Even if Bitcoin breaks its resistance tomorrow or even today, it is very unlikely for us to see the bull run this year. It is bull-trap, they need money to take a vacation and will be back next year after the holiday.
would not expect something major after seeing this kind of movement except the downturn absolutely.
arpon11
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December 19, 2018, 06:52:27 PM
 #17

Adding $600 in two days is a sign that the bull are trying to take over the market.  I have been praying for bitcoin to cross $3750 resistance level and that has happened today.  We may not see serious bullish trend before end of this year but we should expect a very serious upwards price movement any moment from next year. 
it's still not bullish now because it's near Christmas and New Year I'm afraid this is just a trap. but if the price can rise above 4000 and 5000 maybe that is definitely bullish
It is not a trap and market behave this way as a sign of recovery.  Bitcoin is currently above $3,750 it is still very low compare to were it was in December last year but that did not mean it is not recovering.
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December 19, 2018, 08:47:40 PM
 #18

I think the weak hands dissapeared... many of them peed their pants and learned the lesson.. buy low, sell high, and only with an ammount you are prone to loose, or at least you dont need in the short term.
I expect a linear uptrend progress with tiny corrections until BTC surpass 6k.. hope i am wrong and this is just the start of another bull run to a 1Trillion cryptomarket!

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December 19, 2018, 10:20:03 PM
 #19

looks like another bull trap which is not rare recently
of cource it can be a trend change but it's too early to be sure
we should wait a little for confirmation
Yeah, its hard to say right now that the bull is coming because of a short pump today but hopefully its not a bull trap. We have to be aware that this market pumps and dumps easily so if its a bull trap, bette not to look for short term changes instead look for a long trend which is more safer.

yep I see the green market today, but I'm afraid that bitcoin will go down looks like it's a trap, Christmas is not over so bitcoin fly down anytime.
Still possible for this, the volume is not convincing few more days and we will see if we already hit the bottom or the bottom will prevail itself during Christmas season.
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December 19, 2018, 11:37:36 PM
 #20

I had seen the best green today, from 3K to 3.7 price of BTC market is moving up as well with the altcoins. Will the bull ready to run? Or trying to give signs that it is already ripe to go up? What is your thought?
It will but it must break a lot of resistance toward 4k value and when it can happen and then bitcoin can reach $4500 easily dude. I thought that this bullish trend make sense but be careful with a little correction that may come as soon as a possible dude.
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