peter0425
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February 09, 2019, 04:34:02 AM |
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I have been putting touch with the market for the past hours. This post just made me realize it's a little sea of green right now, it's yet too early to get excited. We are still deep in the bearish trend, this is just an upward movement, it takes a lot more growth and for a longer time to start even a mini-bull run.
I agree, it's too early to get excited, we need to see the price goes above $4K and then break the magic $4200 barrier before we can say that this is for real. We need to wait for several days, otherwise this is just another case of a bull-trap, imho.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Moiyah
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February 09, 2019, 04:48:34 AM |
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Don't get too excited. If it Will break the resistance at 4k then there is a chance that the bull run continues. I've seen so many chart like that and it doesn't easily go up. But well, at least a good start to enlighten the mood of everyone. Giving us hope somehow.
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XFlowZion
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February 09, 2019, 05:22:00 AM |
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What a retard. We don't even hear anything about that makes the prices will go for a few more weeks. I still see videos that suggests that it will decrease much more. Too early to expect anything but if it would go back to $10k again then I will be convinced that it is really happening.
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meanwords
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February 09, 2019, 05:41:14 AM |
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Don't get your hopes up for now. This might be another trap set by those whales. Remembered when we reached $4,000? People thought that might be the start of a good thing but it didn't last long and plunged again to $3,300. Let's wait for another week if this will last enough or those whales would exit again.
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denzkilim
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February 09, 2019, 06:04:53 AM |
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LOL, I hope so dude! But it's too early to fap. Let's see if it could reach $4k or not. Source: coindesk LOL It doesn't look that Bitcoin will reach $4,000 US dollars anytime soon and it still looks pretty bearish in my point of view, I don't think that sudden big movements are an indication of the end of a bearish market situation and it looks like some manipulations are really occurring at this point in time. >Chart for one day >7% increase
definitely too soon.
Nothing really special, this is normal for bitcoin and that's also why it's hard to predict the "start" as it looks like normal. The confirmation comes when it has already increased significantly which ofc shouldn't take in one day. But man, it would be better to play safe for now, there's no enough indicatiors, you wouldn't wanna bet when it's like that.
Yes, sudden pumping and sudden dumping are normal in the crypto industry and sometimes it is just manipulated by some people who got a huge amount of these assets.
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Chibongvdg
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February 09, 2019, 06:10:23 AM |
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The current market increase will only happen for a moment, it won't last long. Only people who can take advantage of the current situation will get profit, while the greedy account holders always suffer losses.
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Kakmakr
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February 09, 2019, 06:16:44 AM |
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The little happy goat is a nice touch, but I think it is a bit too early to get all exited about this little spike. …. Go look at the price chart of 2017 --> https://www.blockchain.com/charts/market-price?timespan=2years and imagine how many back flips and cartwheels that goat will do, if we have a repeat of that Bull run. In any way, thank you for the motivational thread, it got the adrenaline pumping when I saw the Subject line.
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jessyj48
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February 09, 2019, 07:26:51 AM |
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That looks like some kinda manipulation to me ,don't be fooled by just few percentage of growth in market price surge ,remember that we've seen something like this weeks ago and what follows is loss in price ,let's chill and wait to see what comes next,I'm sure that only the smart traders will benefit from this as it won't last
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jpnl0008
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February 09, 2019, 08:10:33 AM |
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I thinks its too early to get to the totem pole now its still a fresh start lets give to sometime and see what is in stock but its good that there is a spark of hope for investors and holders
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aoluain
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February 09, 2019, 08:17:01 AM |
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Its funny how over the last 12 hours or so nobody has talked about the big pink elephant in the corner of the room. Everyone is looking at the charts but they are not really looking in the right place...........LTC
Litecoin at this mini blip is outperforming bitcoin again, its up by about 35%.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Savemore
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February 09, 2019, 08:18:05 AM Last edit: February 09, 2019, 08:48:17 AM by Savemore |
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Most of us notices the increase of the bitcoin today! It seems that all of us are happy to see it. This is now the start of the bull market. I think that the price of the bitcoin will become valuable again and we will see the progress in this following days.
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royalfestus
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February 09, 2019, 08:27:21 PM |
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the only thing am demanding in the market is to stay above $3000 until May. It wont be easy but it will be very good for the price to rise and will keep more enthusiast in space. I am not sure of the level of truth of the rumour of the possible success of the SEC proposal with Bakkt launch, but their breakthrough will mean a lot to the bull run.
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Timmzzy
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February 09, 2019, 08:37:53 PM |
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"It's happening! It's happening! It's happening!" Let's not put hope yet till we see a huge turnout, the market is still yet to recover. Seeing a little bullish trends might be a trap from whales. Let just keep fingers crossed.
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Halmater
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February 09, 2019, 08:43:21 PM |
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At the same time that people are waiting for a good rising trend, that's such a sharing is promising and beautiful in my opinion. I hope that this happens more often and the result of the patience shown by bitcoin community becomes an example for everyone.
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Phinnaeus Gage (OP)
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February 23, 2019, 08:41:20 PM |
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It's really happening this time!
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bitbunnny
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February 23, 2019, 09:44:52 PM |
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And what is actually happening? The price has grown few hundred dollars but that still doesn't mean anything substantial so don't have such exaggerated excitement. It's good to see optimism but don't forget that you might get bitter and disappointed at the end and that will not be the Bitcoin's fault. Let's not make premature conclusions, let's wait to see if this is just one time and temporary or the trend will continue.
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The Sceptical Chymist
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February 23, 2019, 10:49:06 PM |
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And what is actually happening? The price has grown few hundred dollars but that still doesn't mean anything substantial
I'm skeptical as to whether reaching $4100 means anything significant as well, but on the other hand part of me is jumping around with the goats and Gleb about bitcoin finally looking to be unstuck after months of being beaten down. This may be some sort of dead cat bounce, but guaranteed there are a lot of people who've already made money on it. Moving up a couple hundred dollars when the price was in the $3000 range is nothing to sneeze at either, I might add.
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Febo
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February 24, 2019, 12:06:23 AM |
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And what is actually happening? The price has grown few hundred dollars but that still doesn't mean anything substantial so don't have such exaggerated excitement.
$600 to be exact link last 2 weeks since this thread exist. And what is actually happening? It is started to happen that price is going in both directions. It goes up and it goes down. Not only down as it went until 2 months ago. that is actually big.
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xuan87
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February 24, 2019, 01:03:43 AM |
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It's a great rising but doubt it will last long,I think this is just a temporary rising,but I still happy to see this market, finally we can see some green, the resistance point is a bit weak but hopefully with this small trigger, the traders will be more active and can push the price become higher and more stable
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oegarod
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February 24, 2019, 06:53:12 AM |
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Yes, the price seems increasing. How long it will continue is under discussion. I don't think value of bitcoin experience downfall anymore. People have been speculating about the growth of bitcoin as well the same going to the moon. Now the present market is a supportive market, possibly this will gradually grow with good growth happening at specific time interval.
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