new bullish run

[deisik]

I wouldn't call it a bull run, not yet. The short burst of the price is probably for the words of SEC commissioner being spread that proposed bitcoin ETF will eventually get approved. The news might have sparked a new hype for which people are jumping in with the intention of making some quick profit. Remember, its just a leaked comment and he never mentioned that it will be accepted. Once the hype falls, we might see the price falling back again unless we get a strong support line

No rest for the wicked

It looks like folks at the SEC are busy earning dough, and it is kinda understandable if you you take into account the government shutdown in the US. So everyone earns money as they can and while they can. In this way, we are to expect more such "leaks" in the future without actually anything being approved at all (as it would kill the cow). At least, not until these "comments" make no effect on prices anymore (no more milk today), and then we can hope for real action. As the saying goes, action begins when hope ends

[Artemis3]

There is nothing most beautiful than seeing the market pass to green when in the morning, yeah that's what I felt. However, to convince that this ascend is the beginning of a bull run then with heavy words must be spoken, this is not included in the category of bull run signs. Just a manipulation from some whales who will soon sell their coins and make prices decline again.

Someone must be familiar when he sees a sudden increase in prices, then you have to find out about the factors that cause the increase, at least looking for information related to cryptocurrency, then after that you can judge it. Remember, the cryptocurrency price movements are very fast, so as if you misjudge, you must be prepared to face losses.

Its looking flat to me at this point. Of course it will bounce from time to time, that's the point of remaining flat...
Remaining above 3k despite the predictions of "2.5k before Chinese new year" they made at the end of 2018, I think this is good...

Trading is an art, and at any time things might go the "wrong direction". Do not invest what you can't afford to lose (or keep frozen). Diversify and exert discipline in the face of opposite results (ie. hold if you buy and the price goes down), you only lose if you sell below what you bought...

Bought at 5k/10k/15k? You have not lost anything, if you keep the coins and wait until it recovers, however long it takes.

[matchi2011]

Market get a quick surge yesterday from 110b total market cap of crypto it goes up quickly to 122b this only show that if whales and financial institutions want to make price goed up they can really do. I am hoping this would be a start of s bullrun since we are currently experiencing the longest bear market im crypto, maybe we are close to make this over.

Well this also means that whales are controlling this market effectively and they can anytime pump or dump in the market. Whenever there is a big dump or pump in the market it is because of the manipulation. Consider the fact that many people were shortening the bitcoins on bitmex and this opposite move by the whales made liquidated many traders.

Something that they are really good doing so, whales are always on the run when seeing opportunities, we cant way that this really a start of bull or some pumped coming from someone who fully understand the game, we always have to observe and not to be too much excited but be wise in order to be safe just in case trapped is present once more.

[askimilaku]

I know this moment, I see prices going up after news about ETF is in online media. I read it and it was good news and made the price go up right away. hopefully tomorrow's ETF results will be accepted and prices will rise again

[awawo]

right now we are having a bull run in the crypto market. Let's hope it won't be of short duration.



P.S Buy at your own risk

Yeah there have been increase in the price of bitcoin is this recent time and we hope the bitcoin is able to sustain this latest development on the point that 2019 have been predicted by many annalist of going to be the year the cryptocurrency market is going to recover and reach it all time high price and at that this recent increase is an indication of what we should expert from the bitcoin market this year.

[pawanjain]

right now we are having a bull run in the crypto market. Let's hope it won't be of short duration.



P.S Buy at your own risk

LOL  How can you even think that a gain of $200 in the price of bitcoin can be called as a 'Bull run'. This is anything but a bull run.
Besides that a bull run actually a trend of positive gains over a certain period of time. But this my friend, is just a short surge in the price of bitcoin.
This small spike in bitcoin's price will be soon dropped or further raised.

[Moiyah]

Agree with some of the views here, it is likely to be a bull trap. The spike is too big to be natural, the only way to explain it is price manipulation by someone preparing to dump the coins on Sunday or Monday

That is the right term. " bull trap". Don't be too excited. I've seen this trap before and then suddenly dump on a couple of hours. Lol. If you are new in cryptocurrency, then most likely you are smitten with this small run that happened.

[hxtop]

It's so nice yesterday and this weekend that we're all happy for all of us. In order to be permanent for this upward movement, a general improvement is required in the general situation of the main factors that are effective in determining prices of crypto currencies. I would appreciate it if people who have knowledge and opinions on this matter would share these with us.

[joromz1226]

right now we are having a bull run in the crypto market. Let's hope it won't be of short duration.



P.S Buy at your own risk

It is always true that we should always buy at our own risk. We all know how bull run works properly in this business.
As I can see with your statement, its bounce was obviously pump which I think it will also dump quickly. Because we don't have accurate
reason to say it is stable and going to continue to increase.

[bitbunnny]

Agree with some of the views here, it is likely to be a bull trap. The spike is too big to be natural, the only way to explain it is price manipulation by someone preparing to dump the coins on Sunday or Monday

That is the right term. " bull trap". Don't be too excited. I've seen this trap before and then suddenly dump on a couple of hours. Lol. If you are new in cryptocurrency, then most likely you are smitten with this small run that happened.

It's too early to call this small price rise a bull run but to my opinion it isn't the bull trap either. I wouldn't give so much attention to this sudden price rise and I don't think that is something that is manipulated and that would cause further price dump or further price pump. No matter all charts and predictions it's too early to make any solid conclusion at all.

[xWolfx]

I wouldn't call it a bull run, not yet. The short burst of the price is probably for the words of SEC commissioner being spread that proposed bitcoin ETF will eventually get approved. The news might have sparked a new hype for which people are jumping in with the intention of making some quick profit. Remember, its just a leaked comment and he never mentioned that it will be accepted. Once the hype falls, we might see the price falling back again unless we get a strong support line.

Agreed. That seems to be the pattern that will follow along with any unexpected event that happens in the future.

Any scandal of scam in the cryptocurrency world is definitely not good for it also, which of course will continue to come - We only have to see at which rate in the future.

The thing about this world is that it's extremely hard to predict,  doesn't matter how much you know about economy or crypto itself. Let's see how much more time this really bad market will last and how long the hype will last as well.

[Mikwik]

For this kind of rise in the Bitcoin crypto market, I can say this is no the right time to say it is the bull run of the Bitcoin but rather another smal improvement in the Bitcoin recovery. But I do hope that this will keep up and truly lead to its bullish run.

[BLAST2MARS]

Don't get so hyped easily because btc also reached $4k a month ago and it did fell back below $3,5k again. Remember that we are from our major support of $6k back them so are technically still not making any good increases.

[letecia012]

What happen 3days ago maybe just a temporary rebound after crypto market suffer from a massive fall down a week ago. But with lot of positive news in the crypto market i hope this would be a start of a new bull run.

[Burogh]

Agree with some of the views here, it is likely to be a bull trap. The spike is too big to be natural, the only way to explain it is price manipulation by someone preparing to dump the coins on Sunday or Monday

That is the right term. " bull trap". Don't be too excited. I've seen this trap before and then suddenly dump on a couple of hours. Lol. If you are new in cryptocurrency, then most likely you are smitten with this small run that happened.

Hope this market movement is not a bull trap and still continue. if good news come to market, bullish market will continue and perhaps market start to recover again. SEC already give a sign that ETF will approved and BAKKT will start soon is good news will come

[Yaunfitda]

I know this moment, I see prices going up after news about ETF is in online media. I read it and it was good news and made the price go up right away. hopefully tomorrow's ETF results will be accepted and prices will rise again

I suggest don't put too much emphasize on ETFs though, it's been tiring waiting for the supposedly 'eventual' news. If it will come, then let it be. But I wouldn't wait for it, will continue to take advantage of every dip to buy and not wait till FOMO gets in.

However, I will echo most of the sentiments here, I will not say this is a bull run. It's just another FOMO that will slowly die down in the next couple of days, sorry to burst the bubble. I'm a perma bull, but I don't see this spike to be a bull run.

[omonuyak]

I think the new bull run is a sign of recovery faces in trading cycles.  We need to wait and see if this is genuine as the week we are entering will prove that to us.  We are also getting some good news this day and we are to see those news impacting the market.

[mirakal]

I think the new bull run is a sign of recovery faces in trading cycles.  We need to wait and see if this is genuine as the week we are entering will prove that to us.  We are also getting some good news this day and we are to see those news impacting the market.

I'm observing the price as well, we have some significant increase recently and I think there will be no weekend sale this week.

BTC is still at over $3,000 and there's only small increase but it's still good, what makes me happy if when there will be a next wave of increase
that will bring BTC back to $4,000, I like it to be slowly but constant as I'm tired of the pump and dump situation.

[onrise]

I think the new bull run is a sign of recovery faces in trading cycles.  We need to wait and see if this is genuine as the week we are entering will prove that to us.  We are also getting some good news this day and we are to see those news impacting the market.

This is a good news that we are seeing that price has surge by 200 - 300$ in a day and this will also boost to some extent among the users and the long term holders who are waiting from some stable rise to happen in coming time. This might just be the beginning of the new bull run.

[FIFA worldcup]

I think the new bull run is a sign of recovery faces in trading cycles.  We need to wait and see if this is genuine as the week we are entering will prove that to us.  We are also getting some good news this day and we are to see those news impacting the market.

This is a good news that we are seeing that price has surge by 200 - 300$ in a day and this will also boost to some extent among the users and the long term holders who are waiting from some stable rise to happen in coming time. This might just be the beginning of the new bull run.

It happens many times before also that bitcoin jumps 200$ but then in the next few days it is dumped back. The real benefit will only start when we see bitcoin pump few dollars and the pump more and do not fall back. We need to clear the resistance by good margin in order for bitcoin to be stable and make new higher lows.