Crypto Winter is Over - Spring has Come

[TravelMug]

Nah, I wouldn't say that crypto winter is over, we're still a far cry from it. We barely rose from the last bottom we have so how can we say it's over already? Let's see if the price goes to 5 digits again and then we can talk about it. But for now, don't be excited though, but remain positive, just saying.

It's not the time to get excited. It is all about the growth with time, a strong bull market is supposed to take the price to a five digit value. What we now seem to be a resistance break to reach Next level of growth. Maybe this is a bit critical to believe, but from experts prediction the price is expected to reach $6000, as it has crossed $4200.

Resistance at $4k seems to be a big wall, how many times did we attempted it before successfully breaking it? Like 4x already.

And now it seems a new barrier is it front of us, $4200, can we breach it again? For how long. There are a lot of unanswered questions so yes, I wouldn't say that the crypto winter is over yet, we need more time before we can settle down and breath a sign of relief and says that finally, bear season is over and the bull has controlled of the market.

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[tunapa]

Can’t say yes now because looking at where we have been for the past 6months then I will say it’s not over yet. These little rise doesn’t seem to present an end to downtrend we have been experiencing. Honestly I wish it could an  end to the red days but most indication doesn’t say its an end. So we just need to watch it and play along to enjoy it while it last.

[fenican]

Well that was short lived. The crypto bull just ended spectacularly. Down 10% in one 15 minute trading window. Looks like the whole thing was a pump and dump.

[namqnvn9]

bitcoin continued to decline. the cow won . I lost $ 100 USD 

[yowelfree]

Crypto winter is over - spring has come. Yes, we're slowly leaving the bear market behind, I think its a gradual process to the spring time.

[livingfree]

Not so fast!

We haven't bottomed in and look at the situation of the market now. It's too early to celebrate this kind of small pumps, we are too overwhelmed for this but it doesn't mean the crypto winter is over and the bear's already gone.

@namqnvn9, you may have that lost of $100 within few minutes but are you new to the crypto market? seems like you are new. Mostly, everyone losses when something like that happens but it's almost nothing for us already.

[lablab03]

Money is flowing in. It looks like we've found the bottom. Is crypto winter over?

yeah because it's obvious that 3k resistance  is the real and final bottom of this bear trend since the fluctuation of price plunges  and become stagnant on that price.  For sure everyone now is very happy on this new progress of market because finally we will see another bull trend on this year. I hope it will continue to surge now because it's very unfair actually if it will change direction again and will came to an end immediately .lets Just pray giys.  Lol

[aoluain]

Well that was short lived. The crypto bull just ended spectacularly. Down 10% in one 15 minute trading window. Looks like the whole thing was a pump and dump.

Or a bull trap of sorts, i would say some people are hurting now after buying
into the rise, doing a FOMO on it. Although in the long term it wont matter
that much.

Today we have been offered another sale price.

[Siti Nurbaya]

Crypto rose and only for a moment, made a lot of hope when he was going to peak again. A little trick from the whales so that a sharp decline occurs, this is a risky crypto world. So we need to learn without having to panic, increase for a moment and this is indeed tense, but everything is still fine, but for those who lose it must learn a lot.

[Koobtcgal]

That is just the beginning so let's wait until we see some clear signs to become even happier. There are a lot of traps that are set to deceive us and these are what we must be watchful about before we lose all our monies to some greedy people.

[Chikitita2004]

Not yet that much difference but can also be a good sign. We are still a long way to the top and still a lot could happen but let us just be positive that the flow will go on our favor. Anyway there's not much to profit at this moment so we have no choice but wait.

[LUCKMCFLY]

I think that if we are in Spring Zone, but in which Wyckoff Theory teaches us, according to how I analyzed the market, I can place bitcoin in a clear Accumulation Phase, which, we are intrinsically involved in the "Spring Zone" "and that we should jump back to our range, to be overcome, and return to the uptrend in search of new ATH. But because of this, I think it has to be a long time, since the accumulation phase is intended to eliminate the floating offer.

[zhekinsp]

Actually, there long bearish market has been appreciating over few days now and we are happy to see how fast the market is doing such. Though we should know that market appreciating may not flow as much, so, hope to see a faster rise above $9,000 were the bull run will be felt.

Still it is not to be considered as bull,anything above 50% or over increase on the price of crypto currencies will make it as bull run.

For now time to invest and just hold.

[magneto]

Money is flowing in. It looks like we've found the bottom. Is crypto winter over?

Not necessarily. I wouldn't disregard the possibility for further adjustments downwards at this stage leading to previous bottoms being tested.

I still believe we are still some time away from the actual recovery that would lead the market into a bull market, and this can be seen through the strong resistance that is still present at the $4k level at the moment despite what seemed like a pretty sizeable rally from the start of the month. I definitely won't rule out seeing a lot more dips than what people are expecting right now.

That said, this price level is opportune for accumulating for the long run in my opinion. Anything below $4k should be accumulation zone. It's a matter of we aren't certain where short term market movements are going to take us, but we do know that in the macro scale, this price level is definitely close to the bottom.

[omonuyak]

Actually it seems the bearish trend it seem to be over and the bullish trend will commence after the correction we are witnessing today.  We should expect good price by the middle of this year.

[Yamifoud]

Actually it seems the bearish trend it seem to be over and the bullish trend will commence after the correction we are witnessing today.  We should expect good price by the middle of this year.

Looking for that mate. The trend that shown up recently will surely give encouragement to the community and some investors who left crypto will turn back  investing again. Putting their money will help the market recover faster than to its normal trend but of course, we consider its volatility that pumps and dumps existence will still remain.

[Pursuer]

Not necessarily. I wouldn't disregard the possibility for further adjustments downwards at this stage leading to previous bottoms being tested.

I still believe we are still some time away from the actual recovery that would lead the market into a bull market, and this can be seen through the strong resistance that is still present at the $4k level at the moment despite what seemed like a pretty sizeable rally from the start of the month. I definitely won't rule out seeing a lot more dips than what people are expecting right now.

actually the resistance at $4k is not that strong. the only reason that price couldn't do an actual "breakout" was because it was the first time that price level was being tested and as is the case with first attempts at reversals, it always fails without exceptions.
basically it is due to the day traders and their sell orders that suddenly spikes when there is a bigger than usual price rise for the first time. so when for a long time they were only seeing 4-5% rises and suddenly they saw a 30% rise, they obviously rush to sell and get their big unexpected profit out and that crashes the price. not because of lack of readiness or lack of fresh money coming in.

[figmentofmyass]

Not necessarily. I wouldn't disregard the possibility for further adjustments downwards at this stage leading to previous bottoms being tested.

I still believe we are still some time away from the actual recovery that would lead the market into a bull market, and this can be seen through the strong resistance that is still present at the $4k level at the moment despite what seemed like a pretty sizeable rally from the start of the month. I definitely won't rule out seeing a lot more dips than what people are expecting right now.

actually the resistance at $4k is not that strong. the only reason that price couldn't do an actual "breakout" was because it was the first time that price level was being tested and as is the case with first attempts at reversals, it always fails without exceptions.

yep, it was a clear resistance level---a previous weekly pivot. obviously it was going to be sold into the first time the market tested it. there's nothing surprising about that.

if we convincingly double top at $4200 then chances are we've seen all the upside we're gonna see. right now it still looks like a short term shakeout to me and there's more upside to the upper $4ks, maybe $5k+.

this is just a short term trading perspective though. if i were a long term buyer, i wouldn't be buying here.

[futile-resistance]

What a capturing topic, you are are certigorising the dump in crypto as winter and calling the rise or bull run as spring, are you saying winter is a bad thing ?

Lol, anyways from what i can see by monitoring the charts, we are very much close to the end of the dip in crypto and hopefully by the second or this quarter of 2019 we should be seeing a bull run in the price, this is if there is no FUD news created by haters.

[el kaka22]

Winter is not "bad" in a sense that it is logically found in humans but it is "bad" as in it creates more issues than spring or summer. Winter is the month that can kill you if you are not dressed properly, kills the traffic with snow on the roads, kills the food with worse conditions to grow crops. I can find multiple examples like that which makes winter "bad" but not in an intentional way. Spring is better because you can still have rains to grow crops and roads are fine and weather is fine. I guess that was the logic for the analogy, I agree a better one could be found but its not that bad neither.

I also agree that worse is behind us, while dropping from $20k I never knew when would be the stop and at $6.5k I believed that would be the end of the drop but now at under $4k I realize maybe this is the bottom, we are still not certain but it sure does look like these prices will be the lowest for a long long time maybe even ever.