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Author Topic: BTC $3700 Reflection of bull run?  (Read 862 times)
Jamesdila1
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December 20, 2018, 07:21:06 AM
 #81

i dont think we need a bull run before it hits $10K. stable and solid growth is better. after moving to $10K to in february end 2019 it can start the bull run. then it will be $40K to $50K or more.. because huge news is coming in 2019 and BTC price will surely pass $20K easily. i can see some guys are still expecting $1500 and posting in media. thats because they want to buy more cheap. BTC will not hit $3000 again.

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December 20, 2018, 07:31:08 AM
 #82

I think this may not be a reaction to the bull market. This is more like a price rebound caused by the large purchase of bitcoin by many investors. They chose $3,200 as the bottom of Bitcoin.

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December 20, 2018, 07:48:07 AM
 #83

It's hard to say about it's a bull run or not. Cause it's too early to say this. This whole market is going down for more than 9-10 months. And in last 3 months it's came to 3k from 6k in a rapid rate. And I don't think 3200-3500 point is that much strongeer too hold the price. In my opinion it's just a bounce for correction. But if Bitcoin can stable for some days and then again go up and stable maybe we saw some good run. But first we have to achieve 5.5k or 6k point. And that is not easy. But if Bitcoin stable here for some days we can see some good growth inalts that also good atleast for me.

 
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December 20, 2018, 07:54:40 AM
 #84

To conclude that bull run has begun just because of a little change may not be true.We need to study the market more and wait till we have a stable growth.
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December 20, 2018, 08:44:01 AM
 #85

Seeing the gradual increase in price of Bitcoin with a gain of $500, I think it seems as a signal of good things to come in the first quarter of 2018. Globally, there are downtrend in almost all financial instruments which may not recover till the first quarter of 2019 and Cryptocurrency will take a huge part of the recovery.

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December 20, 2018, 10:15:52 AM
 #86

Yes, the cryptocurrency entered $4,000 today. I think the price of Bitcoin can reach $4,400 before Christmas. This is a kind of welfare for investors. This is a rare opportunity. There are plenty of opportunities to buy coins now.

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December 20, 2018, 10:23:26 AM
 #87

I think this may not be a reaction to the bull market. This is more like a price rebound caused by the large purchase of bitcoin by many investors. They chose $3,200 as the bottom of Bitcoin.

It could be one of the many factors, as it recovers a little uptrend that represents some potential big bounce back. As some altcoin also recovering from dip and probably crypto enthusiast have some time to see some green colors in the market.
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December 20, 2018, 10:31:22 AM
 #88

i dont think we need a bull run before it hits $10K. stable and solid growth is better. after moving to $10K to in february end 2019 it can start the bull run. then it will be $40K to $50K or more.. because huge news is coming in 2019 and BTC price will surely pass $20K easily. i can see some guys are still expecting $1500 and posting in media. thats because they want to buy more cheap. BTC will not hit $3000 again.

People said that at 6000 and then at 5000 and then at 4000, and BTC nose dived to 3k mark. Please do not get excited by 2 days of uptrend, this can very easily go down again in the weekends. We are still not out of bear market.
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December 20, 2018, 10:49:37 AM
 #89

At first it seemed to me that after the growth of BTC from $ 3,200 to $ 3,700, a sharp fall would begin from about $3,800. However, after Bitcoin broke through $ 4,000, I cling to the fact that there is a change in trend and should prepare for a big bull rally.

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December 20, 2018, 11:20:09 AM
 #90

We have yet to see BTC break $4000. It this happens, maybe we should gearing for the bull run. Hard to say for now.

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December 20, 2018, 11:29:26 AM
 #91

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 .
To give everyone excitement.

Bitcoin's price today = $4,114

We are already happy to see this gain though from the peak last time wasn't even 50% reached.



 

 

 

 

 

 


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December 20, 2018, 11:34:32 AM
 #92

To me it seems like a recovery many people said it is a mere bull trap, i hope it can recovery above $6,000 or more, everything still not certain whether the price will still dip or recovery will continue.

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December 20, 2018, 11:38:58 AM
 #93

Finally, bitcoin price breaks $4000 and still going to increase, we can sell the bitcoin we have to take some profit. But I don't think that this is the bull because we are still in the danger area and the price can get down in any second. I am happy to see the trend now is moving to go up and I hope that this will continue until the end of this year and in the next year, we will see the price is back to the higher price.

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December 20, 2018, 12:01:55 PM
 #94

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$.
I do not believe that a new bull run is coming, but at least the prices are rising again. This was urgently needed so that not all people lose faith in crypto. Now i am very curious how the market is developing.  Smiley

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December 20, 2018, 12:08:51 PM
 #95

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 .
That's just a sign of shark trust. They do not want all of our traders to leave the market. They are launching a new strategy and we need to be aware of these innovations. We can save fluctuations to understand the cycle and know the good times to invest.

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December 20, 2018, 12:15:58 PM
 #96

From $3400 to $4,119.56 USD (6.87%) now, I think we are now beginning to see what we all been wanting to see for a long time,  a long bull run ahead, but I don't want to be deceived that it is all I thought that it's going to be at the beginning of next year, but this is a welcome news to all of us, so lucky those who bought at $3400 level.

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December 20, 2018, 12:18:53 PM
 #97

Now btc is around $ 4000, we need a steady rise to say it is a bull run. I think it's too early to say that for sure. In my opinion btc will test about 3000 again.

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December 20, 2018, 12:24:59 PM
 #98

There is a movement from 3700 to 4100, so it looks like a bull run. I hope it isn't a bull trap. Remember,last year there was very powerful movement in a same period of time!

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December 20, 2018, 12:46:52 PM
 #99

Once again, I am convinced that the market is volatile and growth is replacing a strong decline.
This is exactly what happened with Bitcoin, and I see that now it is starting to rise and maybe this big growth will continue in 2019.
I hope that the market will soon recover quickly and everyone will get the desired result.

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December 20, 2018, 01:22:18 PM
 #100

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 guess at the moment, there are many whales now pursuing to buy the dip of the bitcoin. It is a good indication that bitcoin is now in a recovery stage and we should hope the best in few moments, so, the good thing now is to buy with the whales!
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