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Author Topic: Bull market is back?  (Read 14426 times)
coingecko
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April 02, 2019, 06:27:33 AM
 #1

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

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April 02, 2019, 06:29:45 AM
 #2

Run now, don't fomo follow the crowd, BNB has also reached the top (19), can't hold it any longer.

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April 02, 2019, 06:36:51 AM
 #3

The correction is coming now. Some say it is because of BAKKT physical delivery bitcoin futures contracts and I also believe its because of this news. This is not a bull run this is just a sudden pump because of that event.

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April 02, 2019, 06:46:43 AM
 #4

I had to check OP profile to be sure if he was really associated with coingecko. I needed to check to be sure on his opinion, this is not a bullrun but a pump and the correction will be as fast the pump. The bakkt news had been roming since yesterday. The news screenshot I saw prompted me to verify the news on Twitter but it had been removed. Bakkt approval will definitely be a great news to the market.

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April 02, 2019, 06:48:48 AM
 #5

maybe its a pump caused of sec news https://www.financemagnates.com/cryptocurrency/news/sec-drops-the-bomb-approves-bitcoin-etfs-markets-skyrocket/
lets see how long it will be, would be nice to get some more buyers on this level. we will see.
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April 02, 2019, 06:53:14 AM
 #6

maybe its a pump caused of sec news https://www.financemagnates.com/cryptocurrency/news/sec-drops-the-bomb-approves-bitcoin-etfs-markets-skyrocket/
lets see how long it will be, would be nice to get some more buyers on this level. we will see.

That's an april fool. Don't think the real cause is that

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April 02, 2019, 06:58:18 AM
 #7

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
Bull market is not back I think. This one, the backing down of btc is because of the correction that is happening right now. This is why I just want to watch what to happen next in bitcoin. Many people are voicing out that this is the bull run, this is a trap. I'm torn between two decisions, to sell or to hodl. It's good that I just watch what's happening.
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April 02, 2019, 07:04:54 AM
 #8

maybe its a pump caused of sec news https://www.financemagnates.com/cryptocurrency/news/sec-drops-the-bomb-approves-bitcoin-etfs-markets-skyrocket/
lets see how long it will be, would be nice to get some more buyers on this level. we will see.

That's an april fool. Don't think the real cause is that

You are right, i didnt read the full articel cause the line has matched to the pump. Cheesy
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April 02, 2019, 07:22:38 AM
 #9

Nope, the bull market is not coming back yet. If it is bull market already, then it should not dumped significantly just after a sudden pump some hours ago. Nice pump though as I believe many people are making profit during the last 24 hours, but I also believe there are some people bought it at the today's highest rate as they might think that it will go higher and higher. Lets see what will happen in the next 24 hours...is this down just a correction as usual or it will pump again unexpectedly.




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April 02, 2019, 07:37:26 AM
 #10

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 do not know if it is really bull now. Isn't it the bull in the bear market? I am thinking it is only a preparation for a bigger pump but no idea yet that the bull is here already. Just be thankful many people made gains in the pump.
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April 02, 2019, 07:49:57 AM
 #11

Nope, the bull market is not coming back yet. If it is bull market already, then it should not dumped significantly just after a sudden pump some hours ago. Nice pump though as I believe many people are making profit during the last 24 hours, but I also believe there are some people bought it at the today's highest rate as they might think that it will go higher and higher. Lets see what will happen in the next 24 hours...is this down just a correction as usual or it will pump again unexpectedly.
Yes, if it is a bull market, it'll just make a little down and will be back with a big pump. What's happening right now is just a correction. Or maybe, it's just a bull trap. I thought of selling at this point now to have profit.

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April 02, 2019, 07:56:20 AM
 #12


Lol. As quick as it went up, it's retreating now 😆 i didn't think many people would actually consider this to be the start of a sustained run. I'd prefer real profits when the time comes rather than small bull traps.

 
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April 02, 2019, 08:07:55 AM
 #13

I see a lot of news and topic about bitcoin right now that it will increase the value more or the bull run is already happen right now or today. Mark this day because this day is our big hope for the bitcoin to rise the value.
Maybe it's back this year but maybe not because we still not increase the value very .
Don't waste this opportunity lets the bull run come in the crypto again.

 
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April 02, 2019, 08:15:29 AM
 #14

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 increase that is happening is quite significant, I see this kind of situation as something good because it can provide an increase in trust from the public. The more public enthusiasm can make Bitcoin more attractive. This can boost the use of Bitcoin and can steadily increase the price of bitcoin. I am quite happy because now the value of my investment has increased and I will continue to monitor and if the situation worsens then I will make a cut lose to take advantage.
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April 02, 2019, 08:21:15 AM
 #15

Everyone is really excited to see the price today. We have been waiting for bitcoin to make a good run and it looks like the bulls suddenly wakes up after a long hibernation. Although the correction had happen, from almost $5k->$4.6, the price is still strong. But for the reason, maybe this one:  https://bitcointalk.org/index.php?topic=5127105.0

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April 02, 2019, 09:16:56 AM
 #16

That's what I like about this community, when the market is really in green, everyone is jumping for joy. But who wouldn't we have been under the bearish trend for over a year now so it's time to see some drastic changes and seems this is the day of reckoning. I think yes, this could be a bull market now. Because we have broken those mental price barrier with ease and the last time we saw this kind of surge and pattern is during the bull cycle.

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April 02, 2019, 09:44:08 AM
 #17

I saw price at $4,100 yesterday and within 24hours, waking up to see price climbing to $4,7+ got me really surprised. I'm thinking this is a pump, not sure of bull with this except if market takes the chance.

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April 02, 2019, 09:56:36 AM
 #18

At the moment, you need to look at the behavior of the price.There was a long stage of accumulation.There was an exit upwards.
Now there are 2 options:
1)Correction and continuation of the movement.
2)Stage distribution and descent down.
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April 02, 2019, 10:27:04 AM
 #19

Great news that bitcoin now is climbing among also with the other altcoin, for me my in own opinion maybe this the start of bull run because of the direction of bitcoin wherein seems like a sudden long jump also , because last few day bitcoin is on $4100 and now it's growing faster.  So amazing!!.  I hope this will continue to bullish for long run again.
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April 02, 2019, 10:35:39 AM
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 #20

Though I am not more familiar with BTC/USDS trading pair on binance. But today after seeing the pump of btc just curiously visit the trading pair and see btc already touched toady almost $11,000 and I was shocked that time really. But I am not sure the bull already started or not. But I can say bull run is not  far away from today.

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