Here we go. Bitcoin ripping through $4000

[Qcrypto]

Where do you see this going?

-Bulltrap
-Back to lower lows
-Moon


 

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[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.

[davis196]

In the short term it's a bull trap.In the long term is just moving to the next ATH.So it's both.
Many desperate unpatient noob traders will feel some relief during this price increase,but don't get too excited.The price always goes down during the summer.

[pooya87]

there is still leftover fear in the market which is a natural thing after a long downtrend with lots of manipulation which is why this is not yet a breakout but instead a slow rise as the demand is increasing. what i expect is the same trend to last for a little while and possibly some corrections along the way but the only possible next step is a sharp rise after this as that leftover fear goes away and those who missed the chance to buy at the bottom (for any reason like waiting for a lower price) would rush to buy bitcoin because they fear missing out.

[BitHodler]

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.

It's definitely not a recovery. I want to see the market test levels over $4300 before I can start to look at what might happen next. As long as we don't break that level, the rejection following will tank the price back to sub $4000 levels.

Overall, people should stop focusing on 2017s all time high because of the madness that was going on back then. We don't have that retarded level of demand emptying the spot market anymore.

Currently we're dealing with people selling to secure even the smallest profit percentages, and that's very difficult to buy through without something sparking a rally. Conservative is what we should be, because we've been fooled before....

[exstasie]

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

Yep, I think it'll be a while too. As I expected, the V-bottom recovery in stocks was incredibly strong. All the doomsday predictions were wrong. We're probably in for more harsh volatility, but I think the great recession everyone is expecting has been delayed for a few more years.

All in all, that's good news for Bitcoin. I think a global economic contraction would spell disaster for most markets, especially speculative assets like Bitcoin.

[Question123]

Most of the crypto investors are now watching the market or chart of it because they are happy to see the rising again of the bitcoin finally we hit again $4000 and it is good started and sign to rise more the value of the bitcoin and not to decrease anymore the price.
For sure a lot of people who investing in the month january and December are earn few profit and they contented now and maybe they invest more to up more the price.

[thecodebear]

It was obvious that was a bull trap if you wanna call it but really just a normal part of the bottom phase bitcoin is in. Sometimes it will get a pump and sometimes a dump, doesn't mean the price is gonna launch up or crash down. We're 3+ months firmly in the bottoming out phase in the $3000s and we should expect plenty more months to come of this price range.

[Supercrypt]

It is not even falling or staying still, I love seeing bitcoin this way. Its not fighting to beat 4200 levels, if it can go above that I think its quite possible we can hit something above 4500 dollars for the first time since the bitcoin cash war happened. We really need these type of increases because going down from 4000 back to 3400 is still possible and means we are not safe from the bottom yet however if we go above 4500 its highly doubtful we could go back to bottom once again.

I think if we go above those levels bottom of 4 thousand would be a new bottom for us and as long as we don't go below 4k I would be really happy. It is still not certain and we can ran out of gas at any moment but it looks like the bull is on its way or already came and that is something we have missed so much.

[MarcusGates]

After breaking $4100, we are back to $3700.

Logical after the dump by short sellers.

This time next week we will be well above $4500 and into steady climb

[magneto]

It doesn't really surprise me at all that this dump has came. It's quite a routine bull trap, but the size is honestly negligible so it shouldn't cause much panic.

People act like that the bull market is already established, and I personally think that the truth is far from that. Market sentiment, even though there has been a drastic injection of bullishness, remains to be overall, quite bearish. Also, there is significant resistance at the $4k level that has obviously led to prices moving sluggishly.

This is why I personally think that right now is still a great accumulation stage. You're going to see these periodic dips in value because there is still quite some uncertainty within the market, and if you buy periodically you can certainly take advantage.

[nc50lc]

See? Like I've said in the first page (when it was still $4k+), there are still a lot of missing hype drivers for this to be a Bull Market.
Unless the newbies can follow the news and current events, they will not be surprised from Bull traps like this.

Of course, seasoned veterans already knew this and hopefully sold @ $4k.

[Jating]

It was obvious that was a bull trap if you wanna call it but really just a normal part of the bottom phase bitcoin is in. Sometimes it will get a pump and sometimes a dump, doesn't mean the price is gonna launch up or crash down. We're 3+ months firmly in the bottoming out phase in the $3000s and we should expect plenty more months to come of this price range.

Call it a bull trap but it seems that there's someone who manipulated the price of bitcoin again. Anyways, at least there's a indication that investors are still willing to put their money on the market.

After breaking $4100, we are back to $3700.

Logical after the dump by short sellers.

This time next week we will be well above $4500 and into steady climb

I thought short sellers are very nervous when the price went as high as $4200, because if might signal a bull run. but damn majority of us are wrong. Let's wait, at least for the end of the month and see how everything goes.

[Ipwich]

It was obvious that was a bull trap if you wanna call it but really just a normal part of the bottom phase bitcoin is in. Sometimes it will get a pump and sometimes a dump, doesn't mean the price is gonna launch up or crash down. We're 3+ months firmly in the bottoming out phase in the $3000s and we should expect plenty more months to come of this price range.

Call it a bull trap but it seems that there's someone who manipulated the price of bitcoin again. Anyways, at least there's a indication that investors are still willing to put their money on the market.

That's good enough to know, we cannot rush things, it's not bullish yet and it's confirmed.
Traders have different intention, there are shorters and there are people who are willing to long, so they contradicted and the strong one wins.
For us long term investor, there's always a chance but it's not like before that we will see x100 price increase in a short time, it will take time now.

[MarcusGates]

It was obvious that was a bull trap if you wanna call it but really just a normal part of the bottom phase bitcoin is in. Sometimes it will get a pump and sometimes a dump, doesn't mean the price is gonna launch up or crash down. We're 3+ months firmly in the bottoming out phase in the $3000s and we should expect plenty more months to come of this price range.

Call it a bull trap but it seems that there's someone who manipulated the price of bitcoin again. Anyways, at least there's a indication that investors are still willing to put their money on the market.

That's good enough to know, we cannot rush things, it's not bullish yet and it's confirmed.
Traders have different intention, there are shorters and there are people who are willing to long, so they contradicted and the strong one wins.
For us long term investor, there's always a chance but it's not like before that we will see x100 price increase in a short time, it will take time now.

Judging from all the news and hype that is building, it sure seems like we are entering a new cycle. Even tho I think the bottom will be around $2000 and after that, slow and steady growth.

I've seen a lot of people coming back who were literally gone the entire 2018. Something brought them back.

A quote from Hobbit "The birds are returning to the mountain".

[teilwalL05]

Judging from all the news and hype that is building, it sure seems like we are entering a new cycle. Even tho I think the bottom will be around $2000 and after that, slow and steady growth.

I've seen a lot of people coming back who were literally gone the entire 2018. Something brought them back.

A quote from Hobbit "The birds are returning to the mountain".

Maybe we are entering one, But the correction is the most highly unlikely to happen all the time a pump would peak, And In my opinion, this would settle for another drop this year, And come on the price is always like this we should always get prepare for it Bitcoin will never stop being highly volatile, But on 2018 that is the start of the bearish market and we are just in the middle of this event in my opinion, We may see pumping price right now then it is a good opportunity to trade back again even though I am seeing dropping of the price up to $2000 USD But yes the birds sure is returning to the mountain but in the future years to come.

[wendiar19]

It doesn't really surprise me at all that this dump has came. It's quite a routine bull trap, but the size is honestly negligible so it shouldn't cause much panic.

People act like that the bull market is already established, and I personally think that the truth is far from that. Market sentiment, even though there has been a drastic injection of bullishness, remains to be overall, quite bearish. Also, there is significant resistance at the $4k level that has obviously led to prices moving sluggishly.

This is why I personally think that right now is still a great accumulation stage. You're going to see these periodic dips in value because there is still quite some uncertainty within the market, and if you buy periodically you can certainly take advantage.

most of those who do not know what makes the price of dump maybe they will panic and join in selling their assets at a low price, but for traders who have had a lot of experience about such dumps they will remain calm.

[slashz9]

i think is still bulltrap,no matter if he experiences price increases, I think the market still takes a little longer to start rising again.
so I still doubt this short rise.and also in my opinion the price will drop again maybe 2,500 $ and from there it will slowly rise at least 1 or 2 years.

[pooya87]

It was obvious that was a bull trap if you wanna call it but really just a normal part of the bottom phase bitcoin is in. Sometimes it will get a pump and sometimes a dump, doesn't mean the price is gonna launch up or crash down. We're 3+ months firmly in the bottoming out phase in the $3000s and we should expect plenty more months to come of this price range.

Call it a bull trap but it seems that there's someone who manipulated the price of bitcoin again. Anyways, at least there's a indication that investors are still willing to put their money on the market.

there wasn't any "traps" or even "manipulation" this time that price went back down. it is simply the normal market behavior at this point where an initial price rise after a big drop is not strong enough to break through a resistance like $4k that easily so it comes back down specially when you consider the number of short term traders who have been trading for 3-5% profits suddenly saw the >10% profit and started selling there. that easily brings the price back down.
and as i said above there is some leftover fear that prevents fresh money coming in for the time being until the uptrend repeats again.

[Caladonian]

It doesn't really surprise me at all that this dump has came. It's quite a routine bull trap, but the size is honestly negligible so it shouldn't cause much panic.

People act like that the bull market is already established, and I personally think that the truth is far from that. Market sentiment, even though there has been a drastic injection of bullishness, remains to be overall, quite bearish. Also, there is significant resistance at the $4k level that has obviously led to prices moving sluggishly.

This is why I personally think that right now is still a great accumulation stage. You're going to see these periodic dips in value because there is still quite some uncertainty within the market, and if you buy periodically you can certainly take advantage.

most of those who do not know what makes the price of dump maybe they will panic and join in selling their assets at a low price, but for traders who have had a lot of experience about such dumps they will remain calm.

Remain calm and take the opportunities to buy more, experienced traders knows how to read and analyze how the market is behaving and
how they can take the edge whether for short or long term investment, knowing how to protect your assets is very important so proper studying
and researching is a must.

Bull or trap, always protect your investment by doing your own observations, make sure to always be ready with any situations so you can adopt
quicker and adjust setting up your plans.

[Siren]

Well atleast we taste another growth again even in just a short period of time because after 4 days of green market,now again were in reddish values

For me this is better enough for people to realize that we must not believe the small movement instead we must look for longer and higher before getting along again,because just like now lots of investors are on bad shapre again because of this fake bullrun

[iv4n]

Where do you see this going?

-Bulltrap
-Back to lower lows
-Moon

Some people see the moon even in the darkest nights. Some people are afraid of drops even that is perfectly normal thing in crypto. Some people believe we are going to 1800 dollars before the end of this year. As you can see from here there are many ways, and some people believe in this or that, but question is in what you believe as individual? Do people believe just in good times, and when bad times comes people blame everyone else for the drop? And actually there is no one to blame, market is compiled from all the people in the world, each of us buy, sell, trade in so many ways, so we are making this crypto so amazing, with all ups and downs. Some people have more coins and affect the market more, but bunch of little guys can also make a wave with their small amounts of coins.

[Naida_BR]

In the short term it's a bull trap.In the long term is just moving to the next ATH.So it's both.
Many desperate unpatient noob traders will feel some relief during this price increase,but don't get too excited.The price always goes down during the summer.

Very well said.
I am laughing at those who believed that the bull run had started after seeing a price increase and a green market for two days. People get too excited when they see an increase but they forget that we have suffered a market downturn for approximately a whole year.
Before making hype posts reconsider it and don't push people into taking wrong trading decisions.

[lepbagong]

A very good development that has been shown by bitcoin but it seems like the right time is not yet and still far from bitcoin. but this is good growth and will continue to move when entering Q2, it will definitely break $ 5K. and will continue until the end of 2019 with a good movement, the sign has begun to be seen when through $ 4K.

[lamacchia]

Good development, even if only for a moment and pumping which eventually goes back down. Early to be able to return to good, still need good news from crypto so that bitcoin is able to tear back the level of $ 4000. Many have taken advantage of that moment to make a profit.

[mostcrack]

if seen from these signals the price of bitcoin will indeed experience some increase. but all possibilities can still occur, where prices are now increasing from yesterday's prices. but this is still some speculation to go up or vice versa down again. but we hope this is a bright spot for bitcoin to recover.

[Thanasis]

Good development, even if only for a moment and pumping which eventually goes back down. Early to be able to return to good, still need good news from crypto so that bitcoin is able to tear back the level of $ 4000. Many have taken advantage of that moment to make a profit.

That is the problem,when the price recovering slowly but still the investors want to make benefits from it by dumping again which causes the price comes to lower level.When we want the prices to reach new highs then we need to support it by someway.

[wuvdoll]

We are still not that far away from 4 thousand dollars even tough we fell a bit. I mean its still not in a good spot, we need the price to go over 4.5 thousand dollars if not over 5 thousand dollars to call it a bull but consider bitcoin was 3400 just couple weeks ago I would call this increase a win. Even after falling from 4200 or so price range we are at 3800 which is more than the 3400 it used to be.

I know we are looking for a bigger increase but that will have to come at a later time. Knowing and loving the "not bottom" prices is as important as looking for a bull, as long as we are not dropping I am happy, price should always be at least this high and not go any lower and even that would be fine with me because the other option is bitcoin going down under 3400 and I am not really excited about that.

[mostcrack]

yes I am very happy to see this, so this seems to give a signal for us to get ready for the increase. Hopefully this is the bright spot for Bitcoin to start its recovery in 2019.

[ajqjjj]

yes I am very happy to see this, so this seems to give a signal for us to get ready for the increase. Hopefully this is the bright spot for Bitcoin to start its recovery in 2019.

I think this year bull run was confirmed, But still we never predict the exact information for upcoming pump. Crypto investment is the only option for all the crypto hunters so don't relay on sudden growth in crypto market. I hope future market is safe so all the peoples are never worried in continuous fluctuation.

[ePesoInitiative]

Incoming.... Wait for it. Don't rush. $4000 is a big resistance level. The bears have been having a ball for more than a year now, you can't rush a trend change. The last of the bears must go before an obvious reversal comes.

[AjithBtc]

yes I am very happy to see this, so this seems to give a signal for us to get ready for the increase. Hopefully this is the bright spot for Bitcoin to start its recovery in 2019.

I think this year bull run was confirmed, But still we never predict the exact information for upcoming pump. Crypto investment is the only option for all the crypto hunters so don't relay on sudden growth in crypto market. I hope future market is safe so all the peoples are never worried in continuous fluctuation.

Future growth of cryptocurrencies were quite good, but for the same now onwards there needs to be some good positive growth trend. Looking the fluctuations that happened with time growth has been observed. Upon the same now it has come closer to $3900, soon can expect the crossing of $4000 once again.

[chulos]

"Where does it all go?" Well, to "moon" certainly not yet. Mostly it is that when bitcoin grows, growth of altcoins is also going on. But there were times when the bitcoin stagnated and the other altcoins went up.
What, in my view, could be the case. Altcoins go up. "Back to lower lows", the worst we should have behind and below $ 3.5K for bitcoin, we should not go.

[xvids]

It is below $4,000 again I hope this year wouldn't be the same as last year,
I hope that this year would be possitve to us,That we could see a great bull run this year.

[Ipwich]

It is below $4,000 again I hope this year wouldn't be the same as last year,
I hope that this year would be possitve to us,That we could see a great bull run this year.

We should continue trusting BTC, eventually it will rise.
The massive correction that we experience has already passed, it's time to look for the better future now.
There's been a lot of excitement this year, BTC looks like bullish and the trading volume really increase a lot.

[Oilacris]

It is below $4,000 again I hope this year wouldn't be the same as last year,
I hope that this year would be possitve to us,That we could see a great bull run this year.

We should continue trusting BTC, eventually it will rise.
The massive correction that we experience has already passed, it's time to look for the better future now.
There's been a lot of excitement this year, BTC looks like bullish and the trading volume really increase a lot.

Don't know where you do get those things you have said.Btc volumes aren't increasing but somehow it do shows
some potential accumulation even the market as of this moment is on sideways. Massive correction can happen anytime
even we do already experience or its passed theres no assurance it wont happen again and as a believer of btc
 we wont have any options but to play smart with this crypto market.

[DarkIT]

I think bitcoin is quite difficult to break the price of $ 4000. well, for a while the price of bitcoin did indeed reach $ 4200, but it didn't last long, and returned to below $ 4000 again. however, at this time there is an increase again, and hope the price of bitcoin is stable at prices above $ 4000.

[Shinpako09]

I think bitcoin is quite difficult to break the price of $ 4000. well, for a while the price of bitcoin did indeed reach $ 4200, but it didn't last long, and returned to below $ 4000 again. however, at this time there is an increase again, and hope the price of bitcoin is stable at prices above $ 4000.

Aside from the recent rise that goes above $4k. We are under $4k for quite some time now. We are having little increase now. Hope we got to see a new floor on $4k this time because resistance below $4k is really strong. Anyway, waiting if the price will cross $4k again with this rise.

[gabbie2010]

I think bitcoin is quite difficult to break the price of $ 4000. well, for a while the price of bitcoin did indeed reach $ 4200, but it didn't last long, and returned to below $ 4000 again. however, at this time there is an increase again, and hope the price of bitcoin is stable at prices above $ 4000.

The price will need to break the strong resistance at $3860 which had really made a strong impact on the price if this strong resistance is broken and a retouch such that a resistance turn support will triggers the bull taking over the market of which the $4K resistance can easily be broken, of course hope is not lost as the price rallies above $3800 could as well means the green days is ahead.

[gabmen]

I think bitcoin is quite difficult to break the price of $ 4000. well, for a while the price of bitcoin did indeed reach $ 4200, but it didn't last long, and returned to below $ 4000 again. however, at this time there is an increase again, and hope the price of bitcoin is stable at prices above $ 4000.

Aside from the recent rise that goes above $4k. We are under $4k for quite some time now. We are having little increase now. Hope we got to see a new floor on $4k this time because resistance below $4k is really strong. Anyway, waiting if the price will cross $4k again with this rise.

Well i don't think it'll be hard to break 4k at this point although same thing may happen and big players may short their coins just above that price to keep us within the current value. Personally i don't have a problem with this since it gives people still ample time to get in. The bull run that people have been fussing about may not happen for a while.

[Gaff]

I think bitcoin is quite difficult to break the price of $ 4000. well, for a while the price of bitcoin did indeed reach $ 4200, but it didn't last long, and returned to below $ 4000 again. however, at this time there is an increase again, and hope the price of bitcoin is stable at prices above $ 4000.

Aside from the recent rise that goes above $4k. We are under $4k for quite some time now. We are having little increase now. Hope we got to see a new floor on $4k this time because resistance below $4k is really strong. Anyway, waiting if the price will cross $4k again with this rise.

Well i don't think it'll be hard to break 4k at this point although same thing may happen and big players may short their coins just above that price to keep us within the current value. Personally i don't have a problem with this since it gives people still ample time to get in. The bull run that people have been fussing about may not happen for a while.

I know that it couldn't happen this time, but we need to focus on the recovery period because bearish market still lingers around and might occur anytime. Panic sellers were like hungry wolves that will eventually attack the target. However, it will took more days to eventually distinguish a better market progress as long were positive enough to handle ourselves towards emotional control, despite of quick changing market.

[dodgrad]

It looks like we have a series of bull traps. Just a few percent price drop just now. In this situation, it's a good thing that these drops do not turn into panic sell as it was a few months ago. The price rebuilds quite quickly, which is the first sign of stabilization. It will be fine guys!

[STT]

Its stuck to the ceiling of 4000 like a fly upside down   then its tried to sell off to a lower point but still seems resilient to selling and its that near to breaking 8 or 50 day averages or challenging right now.   I assume price is gathering itself to break this area upwards not downwards so much.   I think 4500 is the actual point it'll hold rather then the arbitrary round number of 4000 dollars

Over a week its a spinning top looking candle

https://www.investopedia.com/terms/s/spinning-top.asp

[judyrob]

Bitcoin is at the level of $ 3900 and towards $ 4000, hoping that a few days will reach that and slowly but surely bitcoin is at its peak.
Bitcoin is still good and valuable so this will provide a bright future.

[Baofeng]

And here we go again, it's like 2 weeks ago since the OP posted this thread and now we're trying to go and break that price again. Can we do it this again but expect a sustainable growth? What can you say about the trading volumes? I don't know about arbitrary numbers but to see the price doubled the last bottom and goes $6400 would be nice isn't it? and we could finally say that we are in a bull session by that time. 

[michellee]

Bitcoin is at the level of $ 3900 and towards $ 4000, hoping that a few days will reach that and slowly but surely bitcoin is at its peak.
Bitcoin is still good and valuable so this will provide a bright future.

I think bitcoin was already touched $4000 in this day but unfortunately, the price getting dump again and now, the price is back to $3988. But the trend still on the progress to go up and I think it could go higher in the next week. I am sure that in the future, in the next year, the price could break up to $7000 or maybe higher. So don't forget to save more bitcoin if you want to make money in the future

[BitHodler]

What can you say about the trading volumes?

The volumes are deceiving, and very much so. If we look at the last couple of weeks, we have seen a significant increase in volume, yet the price doesn't seem to react to it at all, which makes me wonder if the volumes are fake.

Both Bitcoin and Ethereum's volumes are heavily inflated while most of the other coins haven't gone through a similar volume boost. My guess is that some Asian exchanges are trying to artificially make this market look more active than it is.

An easy way to tell is to look at pure fiat exchanges--their volumes have seen a little increase, but not even remotely close to the volumes Asian exchanges are generating. I would say this is a case of wash trading.

[shesheboy]

Where do you see this going?
-Bulltrap
-Back to lower lows
-Moon

the words that you listed above can all occur   .   first we are now experiencing a " bull trap "  because the price shows a sign of increease that it could lead to bull run but after touching 4k usd , the price fell again at 3.8 to 3.9 usd limit  .  that can be consideed " back to lower lows "   . 

lastly  . the " moon "  or the pump can obviously occur in latter stages   . typically it will begin to show on the mid 3rd quarter of the year  up to the end of december   .

[Kevin77]

Seriously bitcoin has been testing these prices for so many times now I am sure we will break it at some point. I don't know how we will do it but the price has been testing above 4 thousand dollar levels constantly, I do not think we will just stop here neither, if we can break the 4200 levels and reach to 4300 levels I am pretty sure we will also move towards 4500+ levels as well. I know just a 5%-10% increase is nothing for people but it also has a shot at going as much as 5 thousand at this point.

So, for anyone who is looking to get into it, I would suggest putting a buy order at 4300 and if you see it going higher put a sell order at 4500+ levels because its not stopping somewhere like 4350 after breaking it. When bitcoin goes up it doesn't go up just a bit, it goes up a lot (unfortunately same for going down).