Guys!Are we really heading to a bullish market?

[stadus]

I haven't seen this big movement for awhile, it could be a bull run or just a bull trap.
Whatever, I am not concern with that, I just have to enjoy the moment that we are experiencing now, people will get FOMO eventually
and we can raise this higher. With this kind of price movement, $10,000 this year is going to be easy.

[L A R A]

I believe the price of bitcoin will stay around 4500 dollars and after a big candle of bitcoin and there will be another recovery to the altcoin. This time altcoin was losing a huge price in the bitcoin term. But im still feeling about the fundamental behind that candle.

Now the price of bitcoin has reached $5000 and continues to increase, so your prediction is wrong
The bull run has started, so you don't need to ask about the fundamental behind the candle

[Dragonrage201]

This huge rise in crypto market on no news is a good sign that next bull run has started. Bitcoin could easily run to $6000  and the total marketcap could go above $200 billion in next couple of weeks.

[philipma1957]

Up up and away to the moon.


Seriously. We got a controlled pump with bot buys 20000 coins net of 100,000,000 pushed in.

Now let’s see bitmain is releasing the s17 on April 9th.

Mining with a farm of s17s looks like it could work if coins are 6000.

So we may see a pump to 6k over the next month.

[Ararbermas]

Its any good news thats can move market like this? any valid info out there or its just pump by whales? wanna see more pump..go go go

it's not just a pump by whale's because it gradually increasing even now. Last night it showed a fluctuation again and i thought it was the end of sudden jump again but good news that it was just a normal reaction or correction which to continue increasing. Previously bitcoin is $4800 and now $4900 it seems will grow more and soon or later we will see 5k value.

[styca]

The indications have been strong for quite a while now that the market was becoming bullish. Then we had that big jump yesterday, with a small pullback that was quickly recovered. Volumes are key as well - they are as high as they've ever been right now, which is a great sign. Of course there will still be downs as well as ups, but we are heading in the right direction now. Signs are good.

[Malsetid]

The indications have been strong for quite a while now that the market was becoming bullish. Then we had that big jump yesterday, with a small pullback that was quickly recovered. Volumes are key as well - they are as high as they've ever been right now, which is a great sign. Of course there will still be downs as well as ups, but we are heading in the right direction now. Signs are good.

Signs are good but i'm not prematurely getting my hopes up just yet. I'm still skeptic about a bull run and i'll allow myself to believe we're in one if it's already underway. We've been fooled by these signs before and then had out hopes dashed against a wall when the value receded back to where it was before the run.

[Mux@]

It's good that the market is moving up! It would be good to know 100% when this movement will change to the opposite. If you have such knowledge, you can fix your profit in time. It is bad that with cryptocurrencies not everything is as obvious as with traditional values.

[maydna]

What I like in these situations is I can sell at the very highest price which I cannot do before. I already make my big profit in the last year, and since a year ago until the last week, I could still make a profit. But this time, the profit was very big for me. We can hope that this sign will head to the bullish market as every coin are making significant movements in the market and some of the altcoins already following bitcoin price.

But still, it is too soon to call this as the bullish market because this could be a trap for people who are not careful with the situations. We have many possibilities to see the price still increase, but we also can see the price to decrease so be careful and take your profit while you can. Don't wait for the highest price if you are not sure.

[didzi]

The indications have been strong for quite a while now that the market was becoming bullish. Then we had that big jump yesterday, with a small pullback that was quickly recovered. Volumes are key as well - they are as high as they've ever been right now, which is a great sign. Of course there will still be downs as well as ups, but we are heading in the right direction now. Signs are good.

Signs are good but i'm not prematurely getting my hopes up just yet. I'm still skeptic about a bull run and i'll allow myself to believe we're in one if it's already underway. We've been fooled by these signs before and then had out hopes dashed against a wall when the value receded back to where it was before the run.

yep, and the most important thing is everyone should prepare for all conditions,, wich mean this rising price on bitcoin and others crypto could be the beginning from the bullish trend or can be a bull trap my friend,, 

[Angrydwarfs]

Surely we are due a big correction soon??

[Adriano2010]

I wish also that some altcoins to maintain price on altcoin/BTC pair and when bitcoin go up and also this altcoin to go up with USD/altcoin pair and so get up some profit but this not happen, i think most people sell altcoins for bitcoin when go up and this cause drop of altcoins.

[puremage111]

Well, one thing to note out that is kinda positive here is that the candle closed well above the 200EMA
However, don't expect the price to keep growing nonstop
We will soon have a retracement to pull back the price abit as you can see on the circle

The RSI is currently oversold there and even up to the 86 level.
Anyhow, several entry that one can position would be

#1 -$4,700 (200EMA as support) - Not really recommended
Although moving average are often used as a support/resistance to decide on position but as we had only 1 daily candle which breaks off the 200EMA line, but no retracement or sort to proof that it is a strong support level for entry.

Thus
#2 -$4,200~$4,300 (100EMA as support, Previous Daily Resistance level since December of 2018)
This entry level, is kinda a very good entry level if you were to ask me. It tried at least 3 time before it broke out the level with a huge green candle yesterday
Your stop loss would be around $3,400~3,800, depends on how much you would risk. But $3,400 seems like a safe level imo

Anyhow, position your entry well and good luck!

[carriagehoodlum]

I wish also that some altcoins to maintain price on altcoin/BTC pair and when bitcoin go up and also this altcoin to go up with USD/altcoin pair and so get up some profit but this not happen, i think most people sell altcoins for bitcoin when go up and this cause drop of altcoins.

maybe that's right, because the growth of bitcoin is now not followed by many altcoins on the market. now maybe many people are choosing bitcoin for their investment assets and waiting for bulls to come. but there is a possibility when bitcoin is stable later altcoin prices can rise.

[BartS]

It is too soon to tell if we are headed towards a bull market, this is only the second day of the spectacular recovery that we have seen and in my opinion we cannot really establish that a bull market has come until a few weeks passed and the market is still going strong but for the time being enjoy your profits but do not forget that there is the possibility that the price will go down again and in that case you will need to sell your coins to materialize your profits.

[gembira]

Big dump incoming

There is no reason for dump. Market have prepared for next bullrun a long time. And seems bullrun just have been starting. Volume increased almost in twice for last 24h (from 30 mln to 50 mln per 24h). This is a good sign too.

He was thinking if this is another bulltrap like what already happened in the last year. But I'm feeling doubt about the latest pump on the bitcoin because there was no good point to call that pump. SEC was delaying bitcoin ETF and there was an exchange site gets hacked.

This seems a real bullrun which we are waiting for a so long time. Look at the volume: 83 billions for last 24h. Its more than on last bullrun in January 2018 (the max volume was 78 billions as fas as I remember.

CZ said, that everyone will be in crypto.

https://twitter.com/cz_binance/status/1112974859464671232

And this bullrun should be a biggest in history. I think we really can hit few trillions marketcap

[Denton]

A lot of posts on the forum on this topic. There is a heated discussion of the growth of prices for bitcoin and other altcoins. And I really believe that growth will continue. Finally we waited for this.

[paramind22]

I'm trying to take some profits but on HitBTC it's not really showing much.  Coinmarketcap is showing 30% gains on some coins I have but they're not coming through on the exchange as reflecting that.  But it's better to wait anyway.

[basty03]

As of now the price around 5k it's still hard to say if it's the right time to say that this is the start of bull run many people afraid that the market immprice slowly drop again I think we need more increase so we can say that bull run is totally starting.

[HichemFetoui]

Yes think we are currently shifting from bear market to a bull market but how knows how that evolve over the time always try to average in your investment and good luck