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Author Topic: Bull market is back?  (Read 14426 times)
Darkoth89
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April 02, 2019, 05:55:38 PM
 #41



This recent price increase was nice. But I wouldn't be so sure that this was really the complete turn around. BTC now definitely needs to sustain this price level and not dump again in the next couple of days.


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April 02, 2019, 06:05:17 PM
 #42

When I woke up this morning, I started doing what I did every morning. Usually the first thing I do in the morning is looking at the notifications from my phone, then I check my Twitter account. Yes, I'm checking my Twitter account because I can easily follow the entire crypto agenda from here. During my first check, I saw several articles about the price rise and I immediately checked the price. I was confronted with a landscape that I was not used to seeing in recent years because it seemed to be a serious upswing. I have tried to investigate the cause of this rise from both local and global sources. Because there is no reason for this rise, I think it is not very accurate to make an evaluation about the agenda. In fact, we have encountered similar movements with this rise before, but we have reached the conclusion that the bull period is not the case, although the rise of the bull period. I think that this upward trend is not the beginning of a bull period, but rather the new trap of big investors. In the meantime, there should be a bull period analogy when there is every upward movement.

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April 02, 2019, 06:18:08 PM
 #43

Bitcoin pump to $4,919 and back down to $4,671 at the mean time.
Why is this pump happening? Bull market is back?

Price: $4,671
24h high / low: [$4,919.39 / $4,124.31]
Market Cap: $82,303,956,910
24h Volume: $17,479,334,170

https://www.coingecko.com/en/coins/bitcoin
great development, when I seen the changes happened in this market it will give the confident for me to get involved and make some investment right now but I'm holding on my investment to see some changes again because if it was again falling then no confirmation will be e happened for my investment to the future.

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April 02, 2019, 06:22:45 PM
 #44

Bitcoin pump to $4,919 and back down to $4,671 at the mean time.
Why is this pump happening? Bull market is back?

Price: $4,671
24h high / low: [$4,919.39 / $4,124.31]
Market Cap: $82,303,956,910
24h Volume: $17,479,334,170

https://www.coingecko.com/en/coins/bitcoin
Woow.. So many people right now is getting really ambitious about this price movement, I know the volume is really here but let's wait a little bit for a confirmation.
I also think so, we wait for more results in the next few days to evaluate more accurately. Of course this is a sensitive time, maybe a good time to invest.
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April 02, 2019, 06:36:19 PM
 #45

Yea! Excitement every where the long awaiting period is here. The value is now appreciating steadily and this is the bull run signal. Well, let's patiently see, I will be happy  if it be the bull run. Getting ready to make right investment to get the best of it. I pray it doesn't cone back down.

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April 02, 2019, 06:47:43 PM
 #46

I am glad to finally see at least some growth) I wonder if the cue ball will be fixed above 4500. Who has any thoughts?

It seems to me that they must still return to the level of 3200-3000 and somewhere around that autumn to turn around. Here is an interesting review of the BTC https://coinconomist.com/en/bitcoin-has-grown-rapidly-what-to-expect-next/
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April 02, 2019, 07:11:45 PM
 #47

I believe that it is a bullish signal. Many altcoins have also shown good growth and their price has not decreased significantly after the decline in the price of bitcoin. And this is a very good sign.

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April 02, 2019, 07:18:06 PM
 #48

I do not know if it can be called a bullish trend, but I'm still very glad that crypto is finally growing. I still think that in the near future we will see the growth of the entire market, but it is too early to relax.


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April 02, 2019, 07:38:22 PM
 #49

Bitcoin pump to $4,919 and back down to $4,671 at the mean time.
Why is this pump happening? Bull market is back?

Price: $4,671
24h high / low: [$4,919.39 / $4,124.31]
Market Cap: $82,303,956,910
24h Volume: $17,479,334,170

https://www.coingecko.com/en/coins/bitcoin
I agree with the opinion of one analyst who said that the price action of bitcoin will form the end of the bear trend of the market, which began since January 2018 I think this recovery for bitcoin is positive for the market and this is why we have long believed in buying bitcoin over the last few months so far the good news will make us to see the market movement through the bitcoin movement, I think the reason for the pump that happened to the bitcoin is some false news that happened on April Fool's Day and the past two weeks have also seen market indices look bullish and I hope that will continue.

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April 02, 2019, 08:10:23 PM
 #50

I believe that it is a bullish signal. Many altcoins have also shown good growth and their price has not decreased significantly after the decline in the price of bitcoin. And this is a very good sign.
I am not sure the altcoins are growing. Prices are increasing against USD, but if you look with BTC, you will see that the situation is different. Even, "backers" can not go up against USD.

 
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April 02, 2019, 08:11:42 PM
 #51

Its a start for hopefully more good gainers to come. im Still not convinced we are totally back but that will be seen the upcoming time. The media picked up the positive news also, maybe that will pull more eyes towards bitcoin.
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April 02, 2019, 08:15:05 PM
 #52



This recent price increase was nice. But I wouldn't be so sure that this was really the complete turn around. BTC now definitely needs to sustain this price level and not dump again in the next couple of days.
After crossing the 3800$ resistance level price change was expected for either side in my opinion. If BTC price can cross the 4800$ and hold above this level for weeks then we will easily call this bull run due to the next target(5900$). Current support levels are weak and it can easily be whipsawed by main manipulators for fake-outs. Just my 2 cents.


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harizen
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April 02, 2019, 08:21:49 PM
 #53

Bitcoin pump to $4,919 and back down to $4,671 at the mean time.
Why is this pump happening? Bull market is back?

Price: $4,671
24h high / low: [$4,919.39 / $4,124.31]
Market Cap: $82,303,956,910
24h Volume: $17,479,334,170

https://www.coingecko.com/en/coins/bitcoin

If bull market comes back, bitcoin won't be on it's current price.

Let's put it this way, a small pump. Why small? Because all activity lasted for short period of time. It didn't maintained the strong support to recorded high today so it means that the wall isn't ready yet to established a resistance.

But more importantly, this small pump creates a positive hype that may lead to another uptrend. It was a good sign after dealing with red market for several months.

What we must do is to wait for the next happening. Will it be a continous uptrend or will suddenly back again to the usual price behaviour we used to see?

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April 02, 2019, 08:54:11 PM
 #54

I am glad to finally see at least some growth) I wonder if the cue ball will be fixed above 4500. Who has any thoughts?

It seems to me that they must still return to the level of 3200-3000 and somewhere around that autumn to turn around. Here is an interesting review of the BTC https://coinconomist.com/en/bitcoin-has-grown-rapidly-what-to-expect-next/
I agree with you , I think it is unlikely that we will go above $ 5000 , I think the crypto currency has not come yet a bullish trend , I think there is still a chance to update the minimums in bitcoin and in the fall there will be a decisive moment

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frankcastle19
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April 02, 2019, 09:24:57 PM
 #55

I think bull market is really back. But not to the moon Smiley $6k, maybe $7k max for 1 btc
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April 02, 2019, 09:25:03 PM
 #56

While since is a news that is causing the pump then the only thing there is is the fact that we are in just a moment of time and things are likely to go back again if you have some coins to sell and you see a better market it will be better to sell now

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Bagaji
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April 02, 2019, 09:31:48 PM
 #57

Bitcoin pump to $4,919 and back down to $4,671 at the mean time.
https://www.coingecko.com/en/coins/bitcoin
The market value of Bitcoin went almost $5000 and some people whom I respect are saying it was not above $4700 which am finding it difficult to believe. Good to know that your submission here is in line with what I saw which can equally be traced on the chat.
The bull is back and to push it forward it will be good if we keep holding our position.
I think bull market is really back. But not to the moon Smiley $6k, maybe $7k max for 1 btc
Definitely there will be a market correction along the line of this bull trend but I don't believe $7000 is the maximum for this current market trend.

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Ranly123
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April 02, 2019, 09:35:55 PM
 #58

Bitcoin pump to $4,919 and back down to $4,671 at the mean time.
Why is this pump happening? Bull market is back?

Price: $4,671
24h high / low: [$4,919.39 / $4,124.31]
Market Cap: $82,303,956,910
24h Volume: $17,479,334,170

https://www.coingecko.com/en/coins/bitcoin

The current pump is maybe because of the bakkt news which most are happy having it. But I guess this is not yet the bullrun we are waiting for. It's better to just keep an eye on the market and then decide what to do with our bitcoins.

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April 02, 2019, 10:00:45 PM
 #59

We passed 5000 but it was artificial and the price came back below it. If we really get above 5000 and stay there at least for a few days it should be a clear indicator of a bullish reversal. It would give a lot of confidence back to the market because it's a crucial point but we aren't there yet. I said a few times last week that anything below 5000 is still a lower high.

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April 02, 2019, 10:22:25 PM
 #60

I'm surprised today that Bitcoin is showing a positive trend.
I think this is a factor of the halving cycle because the bitcoin supply is reduced.
there is a possibility that it will continue to rise, I suggest not holding an altcoin for a certain period of time.

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