Here we go. Bitcoin ripping through $4000

[Qcrypto]

Where do you see this going?

-Bulltrap
-Back to lower lows
-Moon


 

[matthewio]

I think we are finally making progress with the price of bitcoins.The trade volume uas increased substantially.There also more possible bullish news ahead in March that will encourage the upward trend.We are likely to see Bakkt making some important announcements in March.

[MiguelCryptoss]

These signals are positive types meaning that the year 2919 will be a better year for all in cryptocurrency. Gradually we are approaching the bull run in a short distance of time from now. Waiting to hear positive news from every nooks and crannies of the cryptocurrency community.

[wilburwilbur]

Most of the coin right now are significantly resisting and trying to go up. Not just bitcoin, this is one of a good sign that the market is doing fine.

These signals are positive types meaning that the year 2919 will be a better year for all in cryptocurrency. Gradually we are approaching the bull run in a short distance of time from now. Waiting to hear positive news from every nooks and crannies of the cryptocurrency community.

You mean 2019? Or

[mrdeposit]

Bitcoin has left 4000 behind and seems ready for better. But we should not forget that a resistance is expected in 4200, and if "king" can pass it then our front will be sunny.

These signals are positive types meaning that the year 2919 will be a better year for all in cryptocurrency. Gradually we are approaching the bull run in a short distance of time from now. Waiting to hear positive news from every nooks and crannies of the cryptocurrency community.

2919? lol

[passwordnow]

I don't think anymore that this is a bull trap, these positive signs that we've been dealing with are the indications that we're already leaving the bear market.

Most of the coin right now are significantly resisting and trying to go up. Not just bitcoin, this is one of a good sign that the market is doing fine.

It is a good sign that the market starts to become greenish again and that's what we want to see when we check the market. And all of those altcoins depends on bitcoin so when bitcoin goes up, they will just follow the leader of the market.

[Meysa_richa]

this is very good news and I am very happy with this condition, and I really hope and believe that bitcoin will be able to go last month after the current price increase.

[LUCKMCFLY]

The moon does not, I completely discard it, it can continue increasing, but when it reaches 4200 USD or 4300USD, it is a key point, it is an area of ​​opportunity, and if we think that those behind this movement should take profits, and it is likely to sell at those levels, because they can hunt many of those who put on Long, anyway, the volume when it is strong and the price goes up means there is little supply, they would be doing a test to see how the behavior is in those levels. .. since around 3800 USD and 3600 USD has created a very good liquidity zone, many transactions have occurred at these price levels.

[rdbase]

This is a strong signal indeed for bitcoin and its progress through $4000 and beyond now.
I can see it surpassing mid $4k now within the next month with so much going on in the next week ending the month of feburary.
by the way what kind of site is cryptopotenial? A trading site or just an observer for the price of different cryptocurreny?

[jojohamasa]

The moon does not, I completely discard it, it can continue increasing, but when it reaches 4200 USD or 4300USD, it is a key point, it is an area of ​​opportunity, and if we think that those behind this movement should take profits, and it is likely to sell at those levels, because they can hunt many of those who put on Long, anyway, the volume when it is strong and the price goes up means there is little supply, they would be doing a test to see how the behavior is in those levels. .. since around 3800 USD and 3600 USD has created a very good liquidity zone, many transactions have occurred at these price levels.

Your analysis is correct as I see it
If the btc  is able to exceed the level of 4200
That would be great and might be the beginning of a rally
With some correction movements of course.

[Ipwich]

One step at a time, we hit over $4,000 and now at $4,100, probably in time again we will break that resistance.
Everytime there is a big movement upward slowly people coming back and think bull run will happen, this time I don't think it's still a trap.

Bitcoin has left 4000 behind and seems ready for better. But we should not forget that a resistance is expected in 4200, and if "king" can pass it then our front will be sunny.

These signals are positive types meaning that the year 2919 will be a better year for all in cryptocurrency. Gradually we are approaching the bull run in a short distance of time from now. Waiting to hear positive news from every nooks and crannies of the cryptocurrency community.

2919? lol

[Qcrypto]

by the way what kind of site is cryptopotenial? A trading site or just an observer for the price of different cryptocurreny?

Observer, much like CoinmarketCap with price tracking, charts, indicators and portfolio tool. The only difference is that it's made in Angular so there is no page refresh and everything is very fast and responsive.

[MarcusGates]

Evo tho this is a very exciting thing to see, I would rather like a lower lows so that we can buy-in cheaper than ever.

Something like $2000 would be nice and then let's MOON

[nc50lc]

Where do you see this going?

-Bulltrap
-Back to lower lows
-Moon

Better edit the thread and include a Poll with these choices so users can cast a vote without hitting the reply button.
For the topic, it does looks like the start of a bull market however, there are few things that are still missing for it to be a bullish like widespread FUDs and varieties of ICOs (declining due to the recent scam-fests); bad or not, those will greatly affect the market price.
What we have now are the effects of major/famous crypto-related payment processors' scaling decisions that were favored by the crypto community.

[oegarod]

Whether the market has turned bullish, but the market has experienced a break through. The long awaited $4000 barrier has got broken. Now price move seems to be strong as the price stands around $4150 gaining resistance to reach the $4500 - $5000 mark which is termed to be a standard value for bitcoin.

[zhekinsp]

Can we call it as recovering after the long wait,the current prices are very low when compared to all time high prices but when the prices bumping gradually it won't bring any doubt that is bull trap so definitely going to moon on coming days.

[omonuyak]

Bitcoin is heading toward a strong bullish trend and I am happy that is happening at this first quarter of the year.  It is important we follow this market as it changed trend directions.

[GeoRW]

It's in line with late Dow Jones increase. We'll yet to see how Bitcoin copes with global economy recession.

[adaseb]

The number you should be looking at is $4239 (Coinbase) or $4237 ( Bitstamp) because this is where we stalled last time we arrived from the yearly low of $3100. Some are thinking its an Adam and Even bottom however the day price reacts at $4200 is crucial for the near term of Bitcoins performance.

You shouldn't get too bullish however because this rally might be caused by ETH which is having a fork next week and usually these forks are "Buy the rumor...sell the news" and usually a dump starts shortly post-fork. But who knows maybe this time it will be different.

[maydna]

The number you should be looking at is $4239 (Coinbase) or $4237 ( Bitstamp) because this is where we stalled last time we arrived from the yearly low of $3100. Some are thinking its an Adam and Even bottom however the day price reacts at $4200 is crucial for the near term of Bitcoins performance.

You shouldn't get too bullish however because this rally might be caused by ETH which is having a fork next week and usually these forks are "Buy the rumor...sell the news" and usually a dump starts shortly post-fork. But who knows maybe this time it will be different.

Bitstamp increase it's price again, and now reach $4257. It's a positive sign for Bitcoin to continue to rise, but we still need to be careful because we don't know how long this will happen.

Buy the rumor...sells the news could working to make people panic because they see new hope for bitcoin price with the increase. But with the position of the line is still on the way to increase, I think bitcoin price increase higher this day.

But I see on Poloniex, Bittrex, Bitstamp, the order buy and sell is not too big, and the price is not moving so fast, so it could be another sign also beside of the increase of the rate. Still, we must be cautious this time and don't get stuck in once again.