BTC $3700 Reflection of bull run?

[tomahawk9]

This isn't the start of a bull run, not even close, we're gonna need more than just a 18% increase in prices to actually see a reversal in the market.

This sudden increase in prices came out of nowhere, we haven't seen any news or events lately that could trigger such a surge, so we don't know if this is a bull trap or if it's actually the beginning of the recovery phase. I think it's better to lower our expectations and wait a few more days to see if there's enough momentum to break the last resistance level (around 4k), if we break it then there's a good chance that we could enter the recovery phase towards the end of the year.

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[suryogandul]

this is a very positive week, but I am still sure the price of bitcoin will soon return to the position of $ 9,000 or $ 12,000 in the near future, I will save bitcoin for the long term because blockhain and crypto are new unicorns

[mazdafunsun]

I personally was waiting for 3k , it was my goal and i wnated to buy then.
It seems that i have missed this short term opportunity, but there is no evidence to say that this short term trend is something more than dead cat bounce.

[Baofeng]

BTC has recovered from $3200 to $3700 in few days and shown recovery of $500 is it a reflection of bull run because it has a stronger base near $3200 level .

Just for the record, it even touches $3800 so that's a huge pump from $3200. But is this the start of a bull run? I don't think so, this maybe just a case of some big whales pumping before the holidays to get more investors to get in and then when no one is looking, another sell-off occurs. So just be cautious and not to get excited by the sudden spike. Again, this might just be a bull trap.

[tatnM]

This isn't the start of a bull run, not even close, we're gonna need more than just a 18% increase in prices to actually see a reversal in the market.

This sudden increase in prices came out of nowhere, we haven't seen any news or events lately that could trigger such a surge, so we don't know if this is a bull trap or if it's actually the beginning of the recovery phase. I think it's better to lower our expectations and wait a few more days to see if there's enough momentum to break the last resistance level (around 4k), if we break it then there's a good chance that we could enter the recovery phase towards the end of the year.

I agree with you, there are no reasons for growth. But if we grow above $ 4000, then in the future we can grow to $ 5000- $ 5500. Of course, I don’t expect a trend change, I’m also waiting for testing the lows.

[sssergy]

It's better investor should take this chance after long time this is good sign. This reminds me us about pump any time it just start bull run

[santino11]

iF3700 IS A REFLECTION OF A BULL RUN HOW CAN YOU TELL THE MARKET NOW!
the price is more than 3800 USD per BTC now, is this a joke? or this will be the continuation of what we call of come back bull run?

[Muhammad Muneeb]

BTC has recovered from $3200 to $3700 in few days and shown recovery of $500 is it a reflection of bull run because it has a stronger base near $3200 level .

i don't think that bull run has started just because btc has shown some green candles. it is a strong bull trap just trade short.  btc can lose its value more faster than it gained the 500$.

[ivanst776]

I cant see any reflection though i can see the KEY. yeah the key of the bull in the market.
I can see them and all i can give is the grass for them to eat!
everything will be okay and we can see it now, we just need to wait.

[sixexgames]

Well hopefully it means we've hit a very strong point of resistance. We may dip and test the $3200 level again or hopefully we'll see some steady growth.

[markalis]

now it seems like bitcoin has started to show a positive trend and will continue to move in the next few days, it doesn't hurt to enter and invest, and I think by the end of this month BTTC will reach $ 9,000

[Adriano2010]

No can say 100% this is a sign of bull run, but i think the price of bitcoin now is a good price to buy now and hold for a long time, also for who already have bitcoin is better to hold for a bigger price as i think next year will be a bull run and possible a new ATH for bitcoin.

[karsy]

Bitcoin needs to stay upper than 3600$. It's an important level. I don't think that it will be the next bullrun, there are not any news for the growth. As for me, we need to wait before The New Year, in 2019 cryptomarket will start recovering from this long falling.

[Hans Groober]

BTC has recovered from $3200 to $3700 in few days and shown recovery of $500 is it a reflection of bull run because it has a stronger base near $3200 level .

I think this is a temporary correction. This is done with the aim of people thinking that growth has already begun and rushed to buy coins. And in the future, another wave of prices will fall on the crypto market.

[globalcitizen]

It is an encouraging development. But don't be easily deceived by such upward movement to buy when the market is going up. It is always better to buy when the market is at its low to maximize profit.

[baigreen]

BTC has recovered from $3200 to $3700 in few days and shown recovery of $500 is it a reflection of bull run because it has a stronger base near $3200 level .

This is the expected decline. Many believe that in the first quarter there will be a bull. I think we will see him. I hope also many new projects will be blown out to the market under the bull. To give a price to your coins. Bitcoin growth is a good sign.

[other_side]

This is a good signal for the market after the bad weeks ago. But I think that is just a recovery time after the market crossed the oversold threshold

[coinpress]

And then every January hasn't it been dropping? That's gonna hurt to see again if it happens.

[vasilisc555]

Most likely this is a deceptive maneuver. If I were you, I would not enter any position now, everything is very muddy. It takes time to analyze the behavior of Bitcoin.

[korean1999]

To me, this is just a slight recovery before the BTC goes down to the bottom. We are about to close in 2018 and we will see in January 2019 that the BTC is less than 3000$