REASON FOR MARKET RECOVERY

[Leonardo7]

Now, I know many analysis will soon be out trying to credit the sudden market recovering to some sort of events and programs. In my own opinion, I feel any of these reasons could be the case of the capitalization in the market leading to some gain:
1. It's possible some whales or even the wall street are trying to manipulate the market by attracting the  innocent traders;
2. It's possible the enemies of Crypto are tired of the underserved bear;
3. Maybe there is a major event in which some of us are not yet privy to, only time will tell.
4. This can't just be normal traders doing their normal trading as the pumping in of fund is massively massive.

I don't believe the bull run has started, although no one can possibly tell when the bull run starts. Let me hear what you think is the reason for this sudden market recovery. Thanks

[Red-Apple]

the "whole market" is seeing some recovery because bitcoin price went up a little. but the rise bitcoin has is not exactly a recovery. it is a small and simple price rise which is not recovery until price reaches its true value which is higher than this.
the reason? is simply because you can't keep dumping the price for ever. at some point no matter how whale-y you are you will run out of money to buy cheap coins.

[joshv06]

the "whole market" is seeing some recovery because bitcoin price went up a little. but the rise bitcoin has is not exactly a recovery. it is a small and simple price rise which is not recovery until price reaches its true value which is higher than this.
the reason? is simply because you can't keep dumping the price for ever. at some point no matter how whale-y you are you will run out of money to buy cheap coins.

I am not sure on exact reason for increase in the price of bitcoin but it is the good news for all the investors and who believe in bitcoin. It is though the increase value is very less but it gives confidence to crypto market and i think the whales are now in the position to not hold the increase in value of btc that is one of the reason i think and also opponent of bitcoin is tired on making the value down.

[Coyster]

You cannot get any factual reason as to this sudden happy recovery,but what we did know was that it was going to come,but we were obviously unaware of the time it will
I honestly feel the demand has increased a bit and more money has been pumped in as this demand led to more investors,just my mere speculations

We can't talk of the bull run yet,as it's still early,but we all have it at the backs of our mind

[Kopyleft]

1. It's possible some whales or even the wall street are trying to manipulate the market by attracting the  innocent traders;
2. It's possible the enemies of Crypto are tired of the underserved bear;
3. Maybe there is a major event in which some of us are not yet privy to, only time will tell.
4. This can't just be normal traders doing their normal trading as the pumping in of fund is massively massive.

- do not believe that Bitcoin is under the control of whales, there is a level of influence a large holder or group of investors have, but you can not control the value of bitcoin.
- the enemies of cryptocurrency also do not have any effect on the price
- if there is an event we are not privy to, then it can hardly be a 'major' one, and I also do not see how it would boost the price.
- Now this is plausible, an influx of investors and traders would have an effect on the price.

[Xardasim]

It is not known whether this is recover or not. Because the price has recovered just 9-10% of lost value and afterwards the direction of the movement is not known. Anyway we cannot expect a logical explanation of every movement. This is just a price that comes from the psychology of the majority.

[cryptocrusher]

I do not believe that there is any significant reason behind this. Some people perhaps think the bottom was in and decided to invest and that's why we've seen a short rally. Unless others jump on the same bandwagon we'll be back to the low 3000s in days.

Markets are never as rational and predictable as people like to think. Do your mental health a favour and stop looking for answers to every movement.

[nicko122]

Many hoped that by the end of the year the price would rise. This cheered up the crypto community, let's see what happens next. If Bitcoin will grow, other cryptocurrencies will also go up.

[hanifhadzar]

the "whole market" is seeing some recovery because bitcoin price went up a little. but the rise bitcoin has is not exactly a recovery. it is a small and simple price rise which is not recovery until price reaches its true value which is higher than this.
the reason? is simply because you can't keep dumping the price for ever. at some point no matter how whale-y you are you will run out of money to buy cheap coins.

I am not sure on exact reason for increase in the price of bitcoin but it is the good news for all the investors and who believe in bitcoin. It is though the increase value is very less but it gives confidence to crypto market and i think the whales are now in the position to not hold the increase in value of btc that is one of the reason i think and also opponent of bitcoin is tired on making the value down.

Even though it's a bit of an increase but everyone will be happy and trust Bitcoin again, that bitcoin was able to bounce back, after many communities said there was something out of bitcoin for fear of prices below 3k, but that didn't happen.

[HODL2090]

It's too early to call this a recovery. It's the longest stretch of upward movement in value that we have seen for quite some time. With BTC up about 20%. This would have to be sustained forgot mcheck longer for the price to consolidate, and reach the values it was at for majority of the year.

[alex_gr_cc]

For me, this growth is also incomprehensible. As a rule, on the eve of Christmas there is a decline. There are no reasons for growth. This is certainly a manipulation.

[davis196]

1. It's possible some whales or even the wall street are trying to manipulate the market by attracting the  innocent traders;
2. It's possible the enemies of Crypto are tired of the underserved bear;
3. Maybe there is a major event in which some of us are not yet privy to, only time will tell.
4. This can't just be normal traders doing their normal trading as the pumping in of fund is massively massive.

- do not believe that Bitcoin is under the control of whales, there is a level of influence a large holder or group of investors have, but you can not control the value of bitcoin.
- the enemies of cryptocurrency also do not have any effect on the price
- if there is an event we are not privy to, then it can hardly be a 'major' one, and I also do not see how it would boost the price.
- Now this is plausible, an influx of investors and traders would have an effect on the price.

The crypto enemies don't have sufficient influence,but the enemies of bitcoin(Ver,Wright and others) had proven that they could crash the bitcoin price.
Anyway,the price can't be boosted by some "event" the road to recovery will be very slow.

[Harkorede]

I don't believe the bull run has started, although no one can possibly tell when the bull run starts. Let me hear what you think is the reason for this sudden market recovery. Thanks

Neither do I think the bull run has started, I saw a post yesterday or 2 days (not sure) about some buying over 2000 btc, I think it is still all about manipulation and attract new naive investors who would panic out at the slightest decline again. But just as you've stated no one could know for sure.

[qualitywork]

Now, I know many analysis will soon be out trying to credit the sudden market recovering to some sort of events and programs. In my own opinion, I feel any of these reasons could be the case of the capitalization in the market leading to some gain:
1. It's possible some whales or even the wall street are trying to manipulate the market by attracting the  innocent traders;
2. It's possible the enemies of Crypto are tired of the underserved bear;
3. Maybe there is a major event in which some of us are not yet privy to, only time will tell.
4. This can't just be normal traders doing their normal trading as the pumping in of fund is massively massive.

I don't believe the bull run has started, although no one can possibly tell when the bull run starts. Let me hear what you think is the reason for this sudden market recovery. Thanks

Do you need some specific reason for the recovery in the market? Why are you so curious about that? Might be some big whales have invested who knows, let the change happen atleast the small investors will have a relief and hope.

[jointherevolution]

It is unfortunate but we will only know if this is a bull run later, not now. For now we must keep our heads and maybe find some good investing opportunities. Bitcoin is good but there are more coins out there. We are very low still in the market prices, a good coin will give many profits if you buy now.

[Magkirap]

the "whole market" is seeing some recovery because bitcoin price went up a little. but the rise bitcoin has is not exactly a recovery. it is a small and simple price rise which is not recovery until price reaches its true value which is higher than this.
the reason? is simply because you can't keep dumping the price for ever. at some point no matter how whale-y you are you will run out of money to buy cheap coins.

Good to know that the market start to recover because it seems there will be another will bull run this coming 2019. All of us are waiting for this moment because this time we can sell our cryptocurrencies I hope this recovery will continue until next year.

[RodeoX]

Now, I know many analysis will soon be out trying to credit the sudden market recovering to some sort of events and programs. In my own opinion, I feel any of these reasons could be the case of the capitalization in the market leading to some gain:
1. It's possible some whales or even the wall street ...   

 

2. It's possible the enemies of Crypto... 

3. Maybe there is a major event ... 

4. This can't just be normal traders doing their normal trading ...

   

[Kemarit]

~ snip ~

Do you need some specific reason for the recovery in the market? Why are you so curious about that? Might be some big whales have invested who knows, let the change happen atleast the small investors will have a relief and hope.

The OP just got excited seeing the price being pumped in the last 24 hours. But it's really hard to pinpoint what's the real cause of this sudden spike. But I guess some whales decided to push the price to set a trap or its a genuine recovery, we will know the answer in the next couple of days.

The question is, do you guys have accumulate already specially when the price is at low $3000's?

[the13thsymphony]

For all of us we never know the reason for market recovery but one thing that I know is we should double our effort to introduce the bitcoin to other people so that they will also believe and invest in the bitcoin and they will do the same thing that we do in bitcoin and it is one reason for the market recovery. We should also do harder in investing in bitcoin so that the market will not continue to fall.

[dothebeats]

I don't believe and see this as a full-blown market recovery but rather a simple uptrend that's normal every now and then. We have had a similar run back to $4000 just a week or two ago and we climbed back down to $3200 after the short stint. It's great that the $3700 resistance was broken but apparently the push is now losing steam and is going down back to $3600. We need more from the bulls before we can call this a market recovery, but until then this is just a normal fluctuation.