I expect the market to be in green throughout this month.

[ethereumhunter]

I do expect that this entire year is a bullish year of cryptocurrency. Weve been through hard times especially last year which is i think the worst, and this year might be the best.

Lol. The market is green but there's hardly any significant growth dude. And so far, it's anything but bullish. I hope your right about the rest of the year but it's likely that this trend will be stretched at least for the first quarter.

There’s no dump trend right now, and I think its been a week since we saw the uptrend again and it can be the start. I’m also hoping that it will continue to pump for at least the first quarter of 2019, and if we are lucky enough the new bull market will come out.

Dump trend can happen in anytime but now, bitcoin make good moves with the price and if the conditions still like this at the end of this week, then maybe the price can break $4k in the next month. We will be lucky to see the bull market comes. Meanwhile, we can buy more bitcoin right now while the price is down, so we don't miss a chance to sell when it reaches the peak.

[Pursuer]

I do expect that this entire year is a bullish year of cryptocurrency. Weve been through hard times especially last year which is i think the worst, and this year might be the best.

Lol. The market is green but there's hardly any significant growth dude. And so far, it's anything but bullish. I hope your right about the rest of the year but it's likely that this trend will be stretched at least for the first quarter.

There’s no dump trend right now, and I think its been a week since we saw the uptrend again and it can be the start. I’m also hoping that it will continue to pump for at least the first quarter of 2019, and if we are lucky enough the new bull market will come out.

Dump trend can happen in anytime but now, bitcoin make good moves with the price and if the conditions still like this at the end of this week, then maybe the price can break $4k in the next month. We will be lucky to see the bull market comes. Meanwhile, we can buy more bitcoin right now while the price is down, so we don't miss a chance to sell when it reaches the peak.

$4000 is a strong psychological resistance more than anything else.
on top of that this price is the first resistance after a very long (more than a year) and big (nearly 85%) drop so naturally it will take longer and a lot of back and forth action before it can be broken but when it breaks there will be a breakout which means price will shoot up as people rush to buy back bitcoin seeing the reversal and becoming sure of it.

[ethereumhunter]

I do expect that this entire year is a bullish year of cryptocurrency. Weve been through hard times especially last year which is i think the worst, and this year might be the best.

Lol. The market is green but there's hardly any significant growth dude. And so far, it's anything but bullish. I hope your right about the rest of the year but it's likely that this trend will be stretched at least for the first quarter.

There’s no dump trend right now, and I think its been a week since we saw the uptrend again and it can be the start. I’m also hoping that it will continue to pump for at least the first quarter of 2019, and if we are lucky enough the new bull market will come out.

Dump trend can happen in anytime but now, bitcoin make good moves with the price and if the conditions still like this at the end of this week, then maybe the price can break $4k in the next month. We will be lucky to see the bull market comes. Meanwhile, we can buy more bitcoin right now while the price is down, so we don't miss a chance to sell when it reaches the peak.

$4000 is a strong psychological resistance more than anything else.
on top of that this price is the first resistance after a very long (more than a year) and big (nearly 85%) drop so naturally it will take longer and a lot of back and forth action before it can be broken but when it breaks there will be a breakout which means price will shoot up as people rush to buy back bitcoin seeing the reversal and becoming sure of it.

As I see on the chart (Bitstamp chart), there is a reversal from the higher price to the lower price, and it seems, the price starting to fight to break the higher price. But if we could break $4k in this week, I think the price will stay for a while in that price before it increases higher. We are almost reaching $3900 again this time, and it could happen in this day. I hope that people will not make a rush buy bitcoin because when the price reaches more than $4k, there will be a lot of buys and sell action and sometimes, there is a dump will happen.

[sirohige]

When I read  this news three days ago: https://www.rollcall.com/news/congress/the-future-holds-cryptocurrency-based-funds-says-secs-jackson. But since then market reacted a little and everything is now in red today.  I think investors and traders are still waiting for more clearly news to come out before pump the market.

from the article that you shared, maybe they were affected by the words in the article and made coins in the exchange fell because traders panicked and secured their assets, but for investors I am sure only a few are affected by such issues.

[deisik]

I do expect that this entire year is a bullish year of cryptocurrency. Weve been through hard times especially last year which is i think the worst, and this year might be the best.

Lol. The market is green but there's hardly any significant growth dude. And so far, it's anything but bullish. I hope your right about the rest of the year but it's likely that this trend will be stretched at least for the first quarter.

There’s no dump trend right now, and I think its been a week since we saw the uptrend again and it can be the start. I’m also hoping that it will continue to pump for at least the first quarter of 2019, and if we are lucky enough the new bull market will come out.

Dump trend can happen in anytime but now, bitcoin make good moves with the price and if the conditions still like this at the end of this week, then maybe the price can break $4k in the next month. We will be lucky to see the bull market comes. Meanwhile, we can buy more bitcoin right now while the price is down, so we don't miss a chance to sell when it reaches the peak.

$4000 is a strong psychological resistance more than anything else.
on top of that this price is the first resistance after a very long (more than a year) and big (nearly 85%) drop so naturally it will take longer and a lot of back and forth action before it can be broken but when it breaks there will be a breakout which means price will shoot up as people rush to buy back bitcoin seeing the reversal and becoming sure of it

4k doesn't matter a lot

As we had already pierced through it a couple times after "a very long and big drop". So there is nothing particular about that stronghold as it is not a stronghold at all in the first place. On the other hand, 5k will be entirely different as it will likely add a whole new dimension to our understanding of what true resistance is. Since that very long drop, it will be the first among major resistance levels to fall, if ever (others being at 8k, 12k, 15k, etc)

[Prettymie]

When I read  this news three days ago: https://www.rollcall.com/news/congress/the-future-holds-cryptocurrency-based-funds-says-secs-jackson. But since then market reacted a little and everything is now in red today.  I think investors and traders are still waiting for more clearly news to come out before pump the market.

This is speculative investment which depends on the mood of every investors and every time the price changes with the supply and demand of the market. We have now a little pump which gives us good news that a movement can created even without the approval of ETF. I think this is a good start for a better market which can attract more buyers once the price will continuously rise in the coming days.  

[abstractednerve]

I don't think people are still excited about ETF, SEC things. But This week crypto pumps a little bit and the crypto market goes green! Actually crypto market is doing better in this month than January! So, by somehow, your prediction is almost real. This month we got some big news like JPM coin will be launched, JPM vs XRP competition hype, Tweeter CEO's tweet about BTC and so on. All these things may help to boost the crypto market this month.

[bitcoinisbest]

I don't think people are still excited about ETF, SEC things. But This week crypto pumps a little bit and the crypto market goes green! Actually crypto market is doing better in this month than January! So, by somehow, your prediction is almost real. This month we got some big news like JPM coin will be launched, JPM vs XRP competition hype, Tweeter CEO's tweet about BTC and so on. All these things may help to boost the crypto market this month.

This month and coming months could be a green zone and this will make market happy as people had  being waiting for the rise as those holding positions from Months now  will get a good relief and also a good sign as many new invessors might enter the market.

[Barbut]

You`re forgetting one simple fact, in crypto you must expect the unexpected. When everyone expect entire month to be green, I feel a bear trap so be careful. When people are expecting prices to go down, its the time I`m buying. I never believe in what public says, what some proexperts say, wannabe traders, you can expect what ever you want from crypto, but in the end crypto will surprise us all, been there, saw that, many times. Just take it easy and follow the market, don`t believe in what others are saying.

[royalfestus]

I also thought that way when I read the news, It was on difference crypto papers but we saw several news that could cause a surge last year. More so the news never stated any possible time of approval, which more important. Some of these news I considered to be influenced by whales to cause a temporary surge in price. However, we have seen some green on altcoins and bitcoin in recent days, which could be giving us idea of the price bottom. I expect it to sustain it for a longer time into 2 or more months.

[Siren]

When I read  this news three days ago: https://www.rollcall.com/news/congress/the-future-holds-cryptocurrency-based-funds-says-secs-jackson. But since then market reacted a little and everything is now in red today.  I think investors and traders are still waiting for more clearly news to come out before pump the market.

Seems like your speculation are going to becomes true mate ,since the market had started the green run couple of days ago,giving a chance to bitcoin hitting the $4,000 again,though it didn’t stay longer for a second time this day.but I am not losing faith that we will get the good recovery in this whole 2019

[voztata]

When I read  this news three days ago: https://www.rollcall.com/news/congress/the-future-holds-cryptocurrency-based-funds-says-secs-jackson. But since then market reacted a little and everything is now in red today.  I think investors and traders are still waiting for more clearly news to come out before pump the market.

I can agree less, I have said it in most of my post that we are up for a bull run in crypto this month and we are going to see that happen from next week, we should be expecting to see bitcoin at $4950, ETH at $190, I can't say for the rest of the altcoins in the market but I am certain the time for the bull run is here already, the market correction is over.

[andrei56]

When I read  this news three days ago: https://www.rollcall.com/news/congress/the-future-holds-cryptocurrency-based-funds-says-secs-jackson. But since then market reacted a little and everything is now in red today.  I think investors and traders are still waiting for more clearly news to come out before pump the market.

I really do not think many people are waiting for positive news I am waiting for good developments, when I see the update coming for the ethereum network I cannot stop thinking that this is definitely a good sign and if it happens and there is not another delay then the price will definitely go up as people regain some of the confidence lost in the coin.

[BitHodler]

I can agree less, I have said it in most of my post that we are up for a bull run in crypto this month and we are going to see that happen from next week, we should be expecting to see bitcoin at $4950, ETH at $190, I can't say for the rest of the altcoins in the market but I am certain the time for the bull run is here already, the market correction is over.

Similarly, I guess the market 'agrees less' with you on that. If Ethereum's fork process is done and over (around a day to go as of writing this), we might see a significant downward movement due to people not being given an airdrop they hoped for.

I strongly believe that the recent mini rally was caused solely by altcoins gaining value, and as we can see right now, and have seen in the past as well, it's not a sustainable form of growth at all.

This bear market isn't over and I don't think it will be over unless we push over 2018s support that kept the price above ~$5700 for such a long period of time, and even then, technically it could still be seen as a bear market.

[bitcoin31]

Market already goes to green but suddenly the market turn to red again.  Only few days happen green market and after now the value again goes down to what the stable value of the bitcoin which is between $3600 to $3800. I hope soon it will back again green market and stay it for more years.

[LUCKMCFLY]

Seeing the green market is what many people want, although the ETF and BAKKT are very positive news for approval, we must bear in mind that we are still in the accumulation phase, there are still many bitcoins to accumulate, and movements that may be possible .

[vintages]

When I read  this news three days ago: https://www.rollcall.com/news/congress/the-future-holds-cryptocurrency-based-funds-says-secs-jackson. But since then market reacted a little and everything is now in red today.  I think investors and traders are still waiting for more clearly news to come out before pump the market.

In this particular investment and market, I have learn not to be too hopeful or expect anything till it's happening.
How sure are they that the market will turn green at that time. I don't intend to buy more though,  but investors should be careful of using prediction to rushing into investment. There is always a possibility of it not coming to pass and then it will be a case of regret.

[Baofeng]

It seems to be that we are closing this month today and I have seen the market moves into green. Not that much though, along the $3800-$3900, but we can take it any time of the day. I guess everyone is expecting it to be in the $4k range, unfortunately though, we have reach $4200 levels but then again, short trading takes over pulling the price to -$4xx in a just a matter of days. Anyhow, we should remain positive that March will be a good month for us and hope to see the price goes on another rally, $4k-$5k will be very good price, so let's see how it goes.

[gabbie2010]

Market already goes to green but suddenly the market turn to red again.  Only few days happen green market and after now the value again goes down to what the stable value of the bitcoin which is between $3600 to $3800. I hope soon it will back again green market and stay it for more years.

It baffles me too seeing an already green market turning red again I think the price had reverted to its former ranging mark $3600+ as you rightly said, the only sign of pumping of the price again could be if there is any positive and any leak fundamental news related to bitcoin else I belief the price will still continue its ranging mode.

[deisik]

I strongly believe that the recent mini rally was caused solely by altcoins gaining value, and as we can see right now, and have seen in the past as well, it's not a sustainable form of growth at all

But did you ever ask yourself what this rally was caused by? That is, why they started to gain value all of a sudden while Bitcoin has only been hobbling behind? Or has it actually been so? Maybe, it just happens that Bitcoin rises 1% while other cryptocurrencies rise like 5% and it looks like it is lagging behind but without Bitcoin rising in the first place, they wouldn't make a move apart from their inborn "oscillations" to and fro. And when Bitcoin goes down, the rest of the pack goes down twice as much (and as fast)

So, what is the cause and what is the effect here?