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Author Topic: Is this just a bounce?  (Read 2345 times)
maculeth (OP)
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December 28, 2018, 02:00:42 AM
 #1

I see a very good increase in the last 2 weeks, but the slight increase was immediately ended by falling back. some say this is just a lure to attract buyers and then the market falls again.

What is your opinion?

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December 28, 2018, 02:02:55 AM
 #2

I see a very good increase in the last 2 weeks, but the slight increase was immediately ended by falling back. some say this is just a lure to attract buyers and then the market falls again.

What is your opinion?
Possible! but no one really knows yet volatility do really works on this way.Either its a bull trap or just a typical price consolidation after a certain pump.We have seen countless scenarios
or situations like this.If you can able to utilize such movement then you would make profits if you exit on the right time.If not then you would be got caught on the dump.

R


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karthcrypt
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December 28, 2018, 02:06:04 AM
 #3

Honestly,  it is!  And we should expect another on the first day of the new year.  These movement and market behavior is influenced by holiday festive season and thus trend us predictable!  There is always opportunities in cryptocurrency,  you just have to train yourself to see it!

maculeth (OP)
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December 28, 2018, 02:06:13 AM
 #4

I see a very good increase in the last 2 weeks, but the slight increase was immediately ended by falling back. some say this is just a lure to attract buyers and then the market falls again.

What is your opinion?
Possible! but no one really knows yet volatility do really works on this way.Either its a bull trap or just a typical price consolidation after a certain pump.We have seen countless scenarios
or situations like this.If you can able to utilize such movement then you would make profits if you exit on the right time.If not then you would be got caught on the dump.
do you mean to sell all my assets when there is a slight increase, then get out of this industry? No friend, I have entered this industry not only for investment, but also for bounty campaigns. whereas when the market is red, bounty is also not paid. I do believe in the crypto market volatility, but so far there has been a slight increase, but the fall is even deeper.

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December 28, 2018, 02:07:46 AM
 #5

Maybe . maybe not but still it good time to buy before it goes up next year
maculeth (OP)
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December 28, 2018, 02:10:24 AM
 #6

Honestly,  it is!  And we should expect another on the first day of the new year.  These movement and market behavior is influenced by holiday festive season and thus trend us predictable!  There is always opportunities in cryptocurrency,  you just have to train yourself to see it!
like there is no movement at all in the market, the market cap is silent but the price is still up and down. is all this controlled? we don't know either. but clearly, many say that January will be the beginning of a bull run.

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December 28, 2018, 02:11:31 AM
 #7

Those pumps were made my whales so that they can dump their coin on average price.

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December 28, 2018, 03:14:07 AM
 #8

It is starting to recover a bit but suddenly it fell.

It means that there are positions that are ready to sell at $4,000 and these people had automatically set their prices and its their target. And my advise is try not to look to the everday chart but look at the fundamentals and long term with it.
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December 28, 2018, 03:21:06 AM
 #9

I see a very good increase in the last 2 weeks, but the slight increase was immediately ended by falling back. some say this is just a lure to attract buyers and then the market falls again.

What is your opinion?

Sometimes I think it's a trap this has been repeated so many times in the past three weeks I almost lose my money lucky me the market dip before I made a purchase, thinking it's time to buy because we are heading now to a bull run I was wrong but I am still keeping watch on the market.
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December 28, 2018, 03:27:26 AM
 #10

I honestly don't know what to believe anymore lol one minute i think its shooting up, then it drops, the it goes back up. I think spinning the dice has a better outcome.
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December 28, 2018, 03:50:52 AM
 #11

What is your opinion?

I don't know this is lure or not, but I know there are some people profit 2x their assets in a week. Why don't you think this is a chance to buy while it is low again?
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December 28, 2018, 04:02:27 AM
 #12

I don't know, I can't explain this yet, in my opinion the market is currently recovering to get back up, of course this requires time, while waiting for you to still be able to invest, the more often you invest, the better future results will be.

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December 28, 2018, 04:02:54 AM
 #13

Those pumps were made my whales so that they can dump their coin on average price.
A little suspicious about that, the price of cryptocurrency rose exactly two days before Christmas and the day before Christmas the price dropped again.

I guess the short term investment is a safe road for the end of this year, hopefully 2019 there will be a significant increase.

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December 28, 2018, 04:14:07 AM
 #14

I wouldn't say it is a bull-run already, but it is not just a bounce. Not only the price is up, but the market cap is also recovering and keep increasing, so it's just a matter of time before we see a real bull-run. However, if you want to put a lot of money on crypto, I don't think it's the best time, research carefully before deciding anything though.

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December 28, 2018, 04:18:38 AM
 #15

Its hard to say about this. Cause this market is purely volatile. But for last few weeks we saw a jump on price. On every mid and high cap coins. There some good news regarding ethereum and some other coin. But the main thing is we have support on bitcoin price at 3300-3400 so whenever we enter that zone and if we stay there for one 2 days we saw normally a jump. And when bitcoin go up we saw market in green. And the problem that we back from the 4300-4400 zone is that there was a hard resistance in 4300-4400 and bitcoin is unable to break the resistance twice and every time bitcoin bitcoin failed its back to a Lowe level price point. So if bitcoin break the resistance we will see a run till 5500 or maybe higher.

 
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December 28, 2018, 04:22:47 AM
 #16

The reason why the market down again is because we will going through 31 december and every year market always down in the end of december and will rise again in january but it will just  a short increase in january.
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December 28, 2018, 04:27:38 AM
 #17

I see a very good increase in the last 2 weeks, but the slight increase was immediately ended by falling back. some say this is just a lure to attract buyers and then the market falls again.

What is your opinion?
I should agree with it, that can be considered as a bull trap. When the market was building its momentum and a bunch of bad articles were appearing as whole of press are taking the advantage to attract a lot of readers.
The previous pump just like a bulltrap only.
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December 28, 2018, 04:56:33 AM
 #18

This is the market, welcome to market cryptocurrency.
Where, up and down the price cryptocurrency, always without be fathomed.
This is a test for holder a cryptocurrency, whether they will be affected by price play, or stay loyal until the price is completely normal.

No suggestion, wise in manage you asset.
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December 28, 2018, 05:02:03 AM
 #19

seems that whales played well attracting investors to buy in when the market rise up a little, afterwards they shake it again and leaving this people being trapped inside, we can't say when will be the exact time to see the real bounce to happen and the bull to run strong again, but time will come and everything
will be good again.
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December 28, 2018, 05:03:30 AM
 #20

No one knows the exact reason.... Some experts are saying BTC will hit 6k$ before december ends and some are saying it will hit 3000$. So crypto market is not predictable at all.
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