Reversal of Bear Market?

[whirlcoin]

It's too early to say in my opinion. If anything, I'd probably just call it a price consolidation. While yes, the price increased by $800 if only a few days, but also take note that the prices also crashed from $4000+ to $3200 in a short time span. Is it going to continue to go up? No one knows, but my guess is that $3200 isn't the floor. yet. I repeat, it's just my guess. Trade wisely.

every action is always had the opposite reaction so if we put their food in something it will return to us at any point of time so my opinion is the confidence will make everyone to be most came in this time

[noormcs5]

1000$ in few days ? Im impressed

Its showing early signs of a reversal if we can push it back upto 5K


Any thoughts ?


I Still feel we got some room to grow up

The space to grow up will remain open, it depends on how the holders and important figures kick in bitcoin or rather blockchain technology, even though all users can influence but that's not much, we need influence from big holders or big figures for growth or decline, anyways it depends from their view.

Bitcoin prices were suppressed for so many months, so it was evident that some big movement will come in bitcoin. Sudden $1000 jump in bitcoin prices is the proof that this market has still a lot of room to grow. However, due to this, the alt markets went totally Red and all the altcoins again went to their all time low.

[Aryleeto]

I don't know how long this bullish trend will stay but finally we got at least a piece of what we wanted for. And I agree with those who say "better slow and steady than fast pump and subsequentual dump"

This growth was very strong , especially when the price jumped from 4000 to 5000 , it was very strong , I think we will not grow , we will still be some time to walk in the sidewall

[Jating]

I don't know how long this bullish trend will stay but finally we got at least a piece of what we wanted for. And I agree with those who say "better slow and steady than fast pump and subsequentual dump"

This growth was very strong , especially when the price jumped from 4000 to 5000 , it was very strong , I think we will not grow , we will still be some time to walk in the sidewall

Did you see the price goes from $5300->$4900? But the price suddenly picks itself up and when to $5150 again so that is the organic growth that we need to see, so the price is really going strong as of the moment.

So at least there is still growth this week, although is not comparable to the massive spike we have seen the previous week which is about +20%. There is something we need to cheer about the current situation.

[kynaz]

I don't know how long this bullish trend will stay but finally we got at least a piece of what we wanted for. And I agree with those who say "better slow and steady than fast pump and subsequentual dump"

This growth was very strong , especially when the price jumped from 4000 to 5000 , it was very strong , I think we will not grow , we will still be some time to walk in the sidewall

Did you see the price goes from $5300->$4900? But the price suddenly picks itself up and when to $5150 again so that is the organic growth that we need to see, so the price is really going strong as of the moment.

So at least there is still growth this week, although is not comparable to the massive spike we have seen the previous week which is about +20%. There is something we need to cheer about the current situation.

The market is always volatile when the value of Bitcoin increases and the price increase will not have a specific time. I think that Bitcoin is stabilizing at $5,000 is a great success in April but in order to achieve the price of $6,000 we need a lot of pumps and everyone must have good psychology then that is can happen. In my opinion, if people have good faith in this market, it could happen in May or June because it is a good time to raise prices.

[Idrisu]

I don't know how long this bullish trend will stay but finally we got at least a piece of what we wanted for. And I agree with those who say "better slow and steady than fast pump and subsequentual dump"

This growth was very strong , especially when the price jumped from 4000 to 5000 , it was very strong , I think we will not grow , we will still be some time to walk in the sidewall

Did you see the price goes from $5300->$4900? But the price suddenly picks itself up and when to $5150 again so that is the organic growth that we need to see, so the price is really going strong as of the moment.

So at least there is still growth this week, although is not comparable to the massive spike we have seen the previous week which is about +20%. There is something we need to cheer about the current situation.

The market is always volatile when the value of Bitcoin increases and the price increase will not have a specific time. I think that Bitcoin is stabilizing at $5,000 is a great success in April but in order to achieve the price of $6,000 we need a lot of pumps and everyone must have good psychology then that is can happen. In my opinion, if people have good faith in this market, it could happen in May or June because it is a good time to raise prices.

Bitcoin has been stable a little above  $5000 and many efforts has been made by the bear to push it back and kept it below that level but there couldn't do that.  The market is growing and I strongly believe that very soon it will be heading towards $6000.

[mbsyahia]

Bitcoin has been stable a little above  $5000 and many efforts has been made by the bear to push it back and kept it below that level but there couldn't do that.  The market is growing and I strongly believe that very soon it will be heading towards $6000.

yes it's true that bitcoin has held up well since it reached 5,000 but I think the next support (5,800-6,000) is decisive for the future

[rocku12345]

Bitcoin has been stable a little above  $5000 and many efforts has been made by the bear to push it back and kept it below that level but there couldn't do that.  The market is growing and I strongly believe that very soon it will be heading towards $6000.

yes it's true that bitcoin has held up well since it reached 5,000 but I think the next support (5,800-6,000) is decisive for the future

Next stage should be at 5300-5400$, if resistance level won`t be overcome then long-term investors may see quite frightening situation. Several organizations may fix their profit and it can lead to falling even to 4500-4700$ mark. Also launching a new platform Bakkt may affect, it can attract new big players from USA and force Bitcoin to rise.

[mbsyahia]

Bitcoin has been stable a little above  $5000 and many efforts has been made by the bear to push it back and kept it below that level but there couldn't do that.  The market is growing and I strongly believe that very soon it will be heading towards $6000.

yes it's true that bitcoin has held up well since it reached 5,000 but I think the next support (5,800-6,000) is decisive for the future

Next stage should be at 5300-5400$, if resistance level won`t be overcome then long-term investors may see quite frightening situation. Several organizations may fix their profit and it can lead to falling even to 4500-4700$ mark. Also launching a new platform Bakkt may affect, it can attract new big players from USA and force Bitcoin to rise.

Yes sir but I wanted to say that support is $ 6,000 and not easy to surpass, (but it's just my opinion and I'm here to learn  )

[meliodas]

Bitcoin has been stable a little above  $5000 and many efforts has been made by the bear to push it back and kept it below that level but there couldn't do that.  The market is growing and I strongly believe that very soon it will be heading towards $6000.

yes it's true that bitcoin has held up well since it reached 5,000 but I think the next support (5,800-6,000) is decisive for the future

Next stage should be at 5300-5400$, if resistance level won`t be overcome then long-term investors may see quite frightening situation. Several organizations may fix their profit and it can lead to falling even to 4500-4700$ mark. Also launching a new platform Bakkt may affect, it can attract new big players from USA and force Bitcoin to rise.

Yes sir but I wanted to say that support is $ 6,000 and not easy to surpass, (but it's just my opinion and I'm here to learn  )

I think the $6,000 that you are talking about is called resistance and not support. Support is the lower price from the current price while Resistance is higher than the current price. Yes, resistances are hard to surpass because there is a huge wall of orders there but once it breaks then the run of bulls will continue.

[voltesbit777]

The rise experiences by bitcoin and altcoins this month of April 2019 is really good but, way far to call as the reversal from bearish to bullish. As you can recall, the market had lost since 2018. The lost can't be compensated by the small rise this year. The good thing about the current situation of the market is that it's continuous rise even though these are small steps.

[Serco]

The rise experiences by bitcoin and altcoins this month of April 2019 is really good but, way far to call as the reversal from bearish to bullish. As you can recall, the market had lost since 2018. The lost can't be compensated by the small rise this year. The good thing about the current situation of the market is that it's continuous rise even though these are small steps.

all cryptocurrency price show good movement now, day by day although there is correction occur  but bullish movement still look solid in chart.and also market capitalization could survive in above $170 billions, maybe this is good sign that trader and investors still hold their money in this market.

[TribalBob]

the direction btc is now bull, btc has reversed direction, it's just that we have to be careful with the bear trap before the bull goes back,
So, collect as many coins as possible because today's prices are very cheap.

[Karmakid]

the direction btc is now bull, btc has reversed direction, it's just that we have to be careful with the bear trap before the bull goes back,
So, collect as many coins as possible because today's prices are very cheap.

Agree, the price of the coins are now very cheap and it is good to collect some of the good cryptocurrencies in the market, just for example are the top 20 cryptocurrencies. Bitcoin might be on a bullish trend but we cannot still be comfortable and think safe because there are still manipulators who can manipulate the market into another bearish trend.

[Che454010]

1000$ in few days ? Im impressed

Its showing early signs of a reversal if we can push it back upto 5K


Any thoughts ?


I Still feel we got some room to grow up

It is certainly a remarkable jump and most traders have welcomed it, but we can't say that the bear market has reversed. Anyway, it is moving in a positive direction hope it would reach the next milestone soon 6k.

[doomloop]

the direction btc is now bull, btc has reversed direction, it's just that we have to be careful with the bear trap before the bull goes back,
So, collect as many coins as possible because today's prices are very cheap.

Agree, the price of the coins are now very cheap and it is good to collect some of the good cryptocurrencies in the market, just for example are the top 20 cryptocurrencies. Bitcoin might be on a bullish trend but we cannot still be comfortable and think safe because there are still manipulators who can manipulate the market into another bearish trend.

If it is Bitcoin, Litecoin, Monero etc. a real investor judges its future value by considering several factors in this regard. Once he finds it then investment is successful if treats well with time to time alterations for which crypto market is known. You can see the bullish trend these days for Bitcoin and we know that it has the potential to give you super profit in future so investment right now is good idea.

[aysg76]

1000$ in few days ? Im impressed

Its showing early signs of a reversal if we can push it back upto 5K


Any thoughts ?


I Still feel we got some room to grow up

It is certainly a remarkable jump and most traders have welcomed it, but we can't say that the bear market has reversed. Anyway, it is moving in a positive direction hope it would reach the next milestone soon 6k.

Well, I believe till the time it is below 6000$, it would be a hurry to say that the bear is reversed. As still, the market is behaving volatile and the 6k$ current restriction. If it gains the support up to that till the next month, then we can assume the bear is reversing and the bull is coming...

[naturerock]

damn, people here are so impatient.  Its going to take a good amount of time for these market tides to change.  Just please don't get discouraged sunny days are bound to come for all of us here.

[sgenuine]

I don't know how long this bullish trend will stay but finally we got at least a piece of what we wanted for. And I agree with those who say "better slow and steady than fast pump and subsequentual dump"

This growth was very strong , especially when the price jumped from 4000 to 5000 , it was very strong , I think we will not grow , we will still be some time to walk in the sidewall

My point of view is more optimistic. I am sure that the market will be growing, and all of the guys that invested in the cryptocurrencies before will get profit. It will happen even when the bulls come later.

[samcrypto]

the direction btc is now bull, btc has reversed direction, it's just that we have to be careful with the bear trap before the bull goes back,
So, collect as many coins as possible because today's prices are very cheap.

The reversal begin since the first day of April, I’m quiet impress on the trend right now because it continue to pump. Yes, increasing your holdings now is a lot more cheaper and can be an expensive investment. Bear market will sleep for the next 5 years since the bull will last until we make a new ATH.