BTC $3700 Reflection of bull run?

[Ultimist]

This is not an indicator at all. The price may also fall again in a couple of days. We can talk about bull run when the growth is stable, without sudden jumps back.

[Yamifoud]

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 .

Though it is a huge percentage recovery but isn't the way through bull run.  It is just a price fluctuations and isn't an indication unless we saw continuous uptrend motion everyday.
Remember, there is no instant recovery and we still need huge support from the community to make it happen.

[karman383]

Personally, I can say that this is the beginning of Bull Run starting to approach, and you're right after a few days ago Bitcoin dropped to $ 3200, and now it rises again at $ 3700 There is nothing wrong with assuming this is a reflection of Bull run. So any opinion about this, I will always respect each other's opinions. Thanks.

[anggle]

Within a few days, I saw that the crypto market for coins was green, of course, this was very positive. Bitcoin is green and today the price starts to fall. But this is a natural thing if prices can still go up and down. If Bitcoin can continue to increase prices for sure at the end of the year we will feel a big profit.

[Kimi80]

I think that we`ll need more time to give any conclusion. Yes, the price grows up significantly in short period but it could goes down the same way that it had grows. At the end, we have seen, better said experienced concrete downfall in short time frame.
It was good moment to buy some of the coins, maybe it still is..

[DainSLane]

After bitcoin down to $3200 and now it was $3700 maybe i considered it that is a good sign of recovery of bitcoin in the market and maybe this is the reflection of bull run that might be happen anytime in this month, most of the analyst have they same prediction.

[Clark05]

I hope this is the start of bull run. Maybe it is a good sign to see  the value of the bitcoin again increasing and it is good to buy more bitcoin. But here's the thing maybe the price decrease again if many people panic so better if relax and care this price now.

[CryptoGosu]

I would not expect strong growth in the near future. But also I do not think that the market will fall below 3000. I think the market is starting to recover.

[mightwalker]

I can not see the clear signal of bull-run here, there is a long way to make the market positive again, I think at least a half year to go.

[Fortified]

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 .

It's slowly climbing , so that's a good sign for Bitcoin even in this bearish market , we just see a positive trend of the graph so we'll just continuous supporting crypto as a source of our extra income aside from our regular job
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[DAVETUN]

Most of the idea about when the bull run will commence is mostly base on speculations without a define techniques to back it up, We need all need to be expectant and be strategically set to be part of the bull run, we need to remain loyal to the cause of the cryptocurrency community. I feel the bull run of 2017 was highly hype, reason why the correction is prolong.

[Lazada]

This is a positive change, we have gotten good momentum and the price of Bitcoin has increased appreciably. we must continue to maintain this situation and not cause panic by spreading negative information. Bitcoin needs a positive boost to achieve a much better improvement phase. We are all important elements and when we increase transactions in using Bitcoin then that is a good thing, of course.

[airdropcoin]

I don't think this is a bullish signal. I think the cryptocurrency market will not enter the bull market now. The dollar is now very strong. The dollar has swept the global economy. This is the war launched by Trump. This is a war between the United States and the future of China, so I think it will affect the global capital market, so the bull market will not come, this is just a rebound.

[Golftech]

This is a positive change, we have gotten good momentum and the price of Bitcoin has increased appreciably. we must continue to maintain this situation and not cause panic by spreading negative information. Bitcoin needs a positive boost to achieve a much better improvement phase. We are all important elements and when we increase transactions in using Bitcoin then that is a good thing, of course.

More positive news will build trust to newcomers, we should maintain the trend and not to sell right away after seeing some good changes on it's value, we should concentrate with more achievable goals and keep bitcoin to  move forward and allow the bull to be more stronger than the bearish which is currently dominating the market.

[Cryppy_guyL]

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 .

Temporary growth that does not reflect the real market situation. Let's see bears hold out until spring or the bulls will help them to leave earlier.

[Periodik]

We are more than halfway through the month of December. This must be a beginning already. Although this is not yet the bull run that we are excited to happen, this is a good sigh of relief. We cannot claim of a bull run until and unless Bitcoin shows a solid and consistent growth. I can still see some short red lines in between greens. But at least, we are already showing good signs of positive movements.

[bagikoin]

think of these as the son of a bull that was running. even though it looks like a nice rise but still remains a fairly risky time to buy. There is still the possibility the market down even though many are hoping will be the end of the year or give large increases. Maybe at least it can be used to get the results from many of the large increase in wait for a long time.

[sky9314]

It is still too early to draw conclusions. This seems to be a bull market trap. We have seen such a “strong rebound” many times this year, but none of them have been able to last for a long time, and almost all the “rebound” soon back.

[globalking]

well, I hope so that this is the reflection of the bull run but this happened many times before I am hoping this should be the real bull run.

[onebtcforlife]

I don't think so because with a sudden increase in price will not be an indication of a bull run, how can people consider it as bull run. We have to wait for further until the market should be in bullish that the price of Bitcoin should cross more than 7000$.