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Author Topic: Bullish trend has commence!  (Read 1157 times)
omonuyak (OP)
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February 08, 2019, 05:53:06 PM
 #1

I just visit coinmarketcap now and all the coins are in green.  Since this year I think this is the single pushed we have had.  Investors are reacting to the news of about approve ETF by the sec.  I think now provide us another opportunity to buy bitcoin at cheap price again.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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February 08, 2019, 06:00:52 PM
 #2

We can only hope that is true but i think is too early to conclude, we are all praying for that but i guess we must keep our finger cross and wait for the reality.

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February 08, 2019, 06:02:19 PM
 #3

Today we saw a rise even in Bitcoin. Obviously we have been waiting for this rise for days. If the Bitcoin price exceeds $ 4,000, we can see beautiful things. The only thing we can do now is only wait...
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February 08, 2019, 06:06:52 PM
 #4

I just visit coinmarketcap now and all the coins are in green.  Since this year I think this is the single pushed we have had.  Investors are reacting to the news of about approve ETF by the sec.  I think now provide us another opportunity to buy bitcoin at cheap price again.

I guess that it is just another pump story. Bitcoin won't go any further than $4k at the moment. The real bull run will begin either in the second half of this year or in 2020 when Bitcoin halving takes place. All imho of course.

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February 08, 2019, 06:07:05 PM
 #5

Let's hope together, people are waiting since 1 more than year, they need refresh theirselves and the market needs good news to react even ETF
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February 08, 2019, 06:13:35 PM
 #6

Don't be carried away by the persistent increase in price of crypto currencies over the past 24 hours.
Bullish trend has not started yet, for now, lets take profit and invest more into crypto currency tokens.

remember to always dyor
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February 08, 2019, 06:15:26 PM
 #7

Now the bullish trend has not started yet , we have not been able to break through the resistance line at the top and I think that we will still fall, so there is no need to hurry with the decision to invest

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February 08, 2019, 06:16:47 PM
 #8

I just visit coinmarketcap now and all the coins are in green.  Since this year I think this is the single pushed we have had.  Investors are reacting to the news of about approve ETF by the sec.  I think now provide us another opportunity to buy bitcoin at cheap price again.
Hopefully it will be a continuous run so more investors and traders will start playing back, green market attract new interest from people who also aiming to join this market, when this positive movements keep moving higher  a possible reversal will happen and maybe the long sleep of bull will be over and start to run again.

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February 08, 2019, 06:17:04 PM
 #9

February has traditionally been a good month for bitcoin. Let us wait and see how far it goes this time. I hope it will last, but it may also be a temporary surge. In my opinion, bitcoin would have to rise above $4200-$4400 to be able to say with certainty that we are in a bullish trend.
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February 08, 2019, 06:18:20 PM
 #10

I wouldnt count that much on a single green day. I agree that it is very good to see a lot of my coins green, but I am sure that the bear market isnt over yet. It may even be a bull trap to lure all those "I will buy bitcoin sub 3000" guys into buying BTC too expensive.

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February 08, 2019, 06:24:10 PM
 #11

This is far from bullish trend yet.
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February 08, 2019, 06:25:24 PM
 #12

Indeed the bulls seems serious and very encouraging also seems like it is the end of slow and boring market but i hope this movement today will continue and we can see massive recovery in the market volume soon, i personally want the market to sustain over 500 billion market cap.

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February 08, 2019, 06:29:36 PM
 #13

I have just checked and seen it for myself but this would not be the first time the market price had risen and still fell back to its previous bad state we just hope that the trend continues
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February 08, 2019, 06:36:34 PM
 #14

It will fall again, there has been nothing news worthy to cause a bullish run also if a true bullish run was to happen Bitcoin would not be the one to lead the way as it is outdated tech. Anyone saying to invest in Bitcoin is saying it because they have money invested in which they have at a loss and need your money in order to regain their losses while leaving you at a loss  Shocked Shocked Shocked
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February 08, 2019, 06:37:55 PM
 #15

Look at this chart:


It doesn´t looks like a healthy growth  Grin. But it shows that sleeping giant is going to wake up, bull market is slowly starting Wink.

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February 08, 2019, 06:41:34 PM
 #16

I just visit coinmarketcap now and all the coins are in green.  Since this year I think this is the single pushed we have had.  Investors are reacting to the news of about approve ETF by the sec.  I think now provide us another opportunity to buy bitcoin at cheap price again.
Hope so, just keeo your coins hold for making more benefits if you dump soon after seeing this green will make the market to bleed again so everyone have to support the cryptocurrencies to bring back the bull run.

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February 08, 2019, 06:43:11 PM
 #17

I just visit coinmarketcap now and all the coins are in green.  Since this year I think this is the single pushed we have had.  Investors are reacting to the news of about approve ETF by the sec.  I think now provide us another opportunity to buy bitcoin at cheap price again.

We need more fuel to dive deeper. So current buyers will dump the market in some time. I still wait for 300 weekly moving average to get in. I understand that there are a lot of fomo now, but guys, we just need to look at weekly time frame Wink
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February 08, 2019, 06:44:09 PM
 #18

I just visit coinmarketcap now and all the coins are in green.  Since this year I think this is the single pushed we have had.  Investors are reacting to the news of about approve ETF by the sec.  I think now provide us another opportunity to buy bitcoin at cheap price again.
Nah it's too early to say this is the bull.. I'll call it a slight correction... besides... this is not the first time we've seen such correction  this year
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February 08, 2019, 06:47:10 PM
 #19

I just visit coinmarketcap now and all the coins are in green.  Since this year I think this is the single pushed we have had.  Investors are reacting to the news of about approve ETF by the sec.  I think now provide us another opportunity to buy bitcoin at cheap price again.

Where can you conclude that the bullish trends have started? It is possible that this increase is due to a saturated market so that there is a significant increase for a moment. For me, I need some more confirmation to see the trends that will occur in the future for all crypto.
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February 08, 2019, 06:58:28 PM
 #20

Don't get excited man, this is not new NEWs, if people keep saying it's manipulation during the bear market (which is indeedà), i won't say this is not some kind of manipulation too.

Some wallets have like thousands of BitCoins & thy need to cashout sometimes, it's enough for them to make some decent BUY orders to make it look like FOMO i going on.

As a swing trader or investor, you can't judge the market by a one day trend, you'll nee more than that, you'l need Supply & Demand one (AKA support & resistance) to be broken first to start talking about new trend (whether Bearish or Bullish).

My point is, it's too soon to judge it's the beginning of the Up Trend Wave, too soon for that, but make you cash ready for sure.

This i my personal analysis for BitCoin:
This is not a Trading signal, your money, your call Wink

- 4 Hours Chart:


- Daily Chart:


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