Bull market is back?

[leowonderful]

Still too early to tell for sure, but the fact that we've been in an extended uptrend (7th green weekly candle in a row on Bitstamp) recently and recent attempted dumps have been bought up quickly is a good sign that we're likely out of the worst of the bear market and the lower $3ks may have been the bottom. We're going to see some red soon, but what I don't know is how much we'll go down when the inevitable red candle comes by. Just got rejected off $5000 on Bitstamp a few minutes ago as well, though we might be having another go at that soon.

[BigTeeths]

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.

I don't know if that BAkKT news is really true but only because it's a sudden pump is also my guess. I never really expected this to happen and I was very curious on what news that drives the market to turn bullish. But I wish Bakkt will take this opportunity and ride the wave to extend the positive sentiment for more weeks or months.

[glendall]

if you look at the chart conditions, btc has broken through the resistance wall in the area of 4200,
so it can be said that BTC has started a bull market,
but we must be careful because beartrap will usually occur.

[marketone]

Exactly, we need to very careful with the market situation because we already know how potential the market is going to be and at the same time the dumping will also happen. So we need to be very careful with the market situation and move according to the situations.

[Sithara007]

I don't know if that BAkKT news is really true but only because it's a sudden pump is also my guess. I never really expected this to happen and I was very curious on what news that drives the market to turn bullish. But I wish Bakkt will take this opportunity and ride the wave to extend the positive sentiment for more weeks or months.

Bakkt was not the trigger. Kelly Loeffler (who is the CEO of Bakkt) refused to give a specific launch date when he spoke to the media this week. If everything goes according to the plan, then a lot of institutional investors will hopefully enter the crypto domain and it is going to benefit everyone. But right now Bakkt is still in its infancy. If I am not wrong, the SEC released a statement regarding crypto a few days back. They were not very positive about BTC, but still it might have encouraged a pump.

[btc_angela]

I don't know if that BAkKT news is really true but only because it's a sudden pump is also my guess. I never really expected this to happen and I was very curious on what news that drives the market to turn bullish. But I wish Bakkt will take this opportunity and ride the wave to extend the positive sentiment for more weeks or months.

Bakkt was not the trigger. Kelly Loeffler (who is the CEO of Bakkt) refused to give a specific launch date when he spoke to the media this week. If everything goes according to the plan, then a lot of institutional investors will hopefully enter the crypto domain and it is going to benefit everyone. But right now Bakkt is still in its infancy. If I am not wrong, the SEC released a statement regarding crypto a few days back. They were not very positive about BTC, but still it might have encouraged a pump.

I agree, they are just giving some updates that coincidence with the recent run. Whatever trigger this massive buying and spike really knows something from behind. The price just crosses $5k but it didn't hold and now we are back to $49xx again. I was hoping it could hold and maybe goes to $5200 but it didn't but it's good to see the price recovering within 2 days.

[eann014]

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 hope this continues and will have another great value of bitcoin this year, and most of us will have good savings again just like what I have the year 2017. LOL. I am excited about the improvement of the market again and see a lot of investors will get interested again in cryptocurrencies.

[coingecko]

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 hope this continues and will have another great value of bitcoin this year, and most of us will have good savings again just like what I have the year 2017. LOL. I am excited about the improvement of the market again and see a lot of investors will get interested again in cryptocurrencies.

It was above $5k for a while then i went back down to $4,9xx. The market picking up is definitely good, but hopefully those scammy projects will stay out of crypto like how they did when the market was down

[Viscore]

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 hope this continues and will have another great value of bitcoin this year, and most of us will have good savings again just like what I have the year 2017. LOL. I am excited about the improvement of the market again and see a lot of investors will get interested again in cryptocurrencies.

It was above $5k for a while then i went back down to $4,9xx. The market picking up is definitely good, but hopefully those scammy projects will stay out of crypto like how they did when the market was down

If you continue to follow the price now, you'll be into excitement.
I already stop looking it, I'll try to analyze again when the price will be stable again, yes we breach the $5,000 price, and that is so good.

[HatakeKakashi]

Yes, high percentage now the bull started in this month of April.  But maybe the bull market will not continue to they still have bad news, panic people who still panic. We pray that those people and bad news will stop so the the bull run will happen.

I think people who are envy to the crypto are now angry because market are now in good condition and become much better.

[kakonhat]

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 was really surprised last day. Last day in the morning I checked the coinmarketcap and show about 4100+ Bitcoin price. I went away from home for personal work and came back afternoon and checked the coinmarketcap. First time I thought I am mistaking but that was a really nice rally. It's good but not possible to say the Bull market is back.

[boty]

Yes, high percentage now the bull started in this month of April.  But maybe the bull market will not continue to they still have bad news, panic people who still panic. We pray that those people and bad news will stop so the the bull run will happen.

I think people who are envy to the crypto are now angry because market are now in good condition and become much better.

I think bear market will not come again because I see the market condition has begun to experience price recovery and maybe this is also the influence of the more difficult to get bitcoin and the more bitcoin demand so that the price of bitcoin on the exchange begins to rise again.

[bisdak40]

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

Take the profit bro  . Greed sometimes will lead to disaster. By the way, it's your choice as it is your money and you will be the one to suffer the consequences of the things that you do or failed to do. If only i am in your position, TP half of it then hold the rest.

[Capt00]

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

Take the profit bro  . Greed sometimes will lead to disaster. By the way, it's your choice as it is your money and you will be the one to suffer the consequences of the things that you do or failed to do. If only i am in your position, TP half of it then hold the rest.

Of course, take the profit if you really need that, every one of us has own decision. If you have seen that your profit was there, then it's up to you to get your profit. Anyway, I think this is not a bull run because the bull run will take months continuously increasing the market. It is just resistance from a bottomed situation of bitcoin price. Just a normal spike on bitcoin price that fluctuates in just an hour.

[nightl]

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

Take the profit bro  . Greed sometimes will lead to disaster. By the way, it's your choice as it is your money and you will be the one to suffer the consequences of the things that you do or failed to do. If only i am in your position, TP half of it then hold the rest.

Of course, take the profit if you really need that, every one of us has own decision. If you have seen that your profit was there, then it's up to you to get your profit. Anyway, I think this is not a bull run because the bull run will take months continuously increasing the market. It is just resistance from a bottomed situation of bitcoin price. Just a normal spike on bitcoin price that fluctuates in just an hour.

I also think that this BTC jump is not casual. Suppose there were prerequisites - an increase in the volume of trades, an increase in alts (including LTC), but such a jump - maybe market makers want to go against the crowd?

[Kelvinid]

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

Take the profit bro  . Greed sometimes will lead to disaster. By the way, it's your choice as it is your money and you will be the one to suffer the consequences of the things that you do or failed to do. If only i am in your position, TP half of it then hold the rest.

Of course, take the profit if you really need that, every one of us has own decision. If you have seen that your profit was there, then it's up to you to get your profit. Anyway, I think this is not a bull run because the bull run will take months continuously increasing the market. It is just resistance from a bottomed situation of bitcoin price. Just a normal spike on bitcoin price that fluctuates in just an hour.

I also think that this BTC jump is not casual. Suppose there were prerequisites - an increase in the volume of trades, an increase in alts (including LTC), but such a jump - maybe market makers want to go against the crowd?

I don't think that market makers are against the crowd, supposedly we are be needing with them cause they are reason why we survive. Having the support of the community will helping us to move beyond the edge and that is happening today.
Having a huge demand will increase its volume and could affect the price resulting into unexpected pumps.

[Supercrypt]

It is really amazing to see bitcoin quickly want to test the $5000 that was predicted for the end of this month, many people through analysis predicted $5000 dollars this month and here we are almost setting foot on it.

So, for lots of doubting Thomas who are out there and doesn’t believe in prediction, this is it and I am happy to be one of them too,  I strongly stood by my prediction of BTC reaching 5k and the way it’s going it might end up getting to $6000 by next month because I don’t s see it fall below $4500 again, we might be between $4600 and $4900 for now till it breaks above $5k and once it does, congrats my friend, we are finally out of the semi bull because that mark will surely create FOMO and many investors will troop in.

[michellee]

I only want to remind all of us that this situation can make us greedy because we see the big green candle at the market and we are hoping that the price could increase higher so we can sell the bitcoin. If that is what you think, then you need to be careful because it's not always the same as you want because the market can be running to any level.

[LogitechMouse]

No. For fuck sake. When the price of Bitcoin goes up, a thread like this will be created.

Take note that there will be a correction in the next days as predicted by some analysts and I agree with them. This is a pump and dump scheme by investors and institutions so its better to run away now with profit.

[akram143]

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

for a bull run the continuity is important because the stability will only make the coin to be more valuable every time so if you are thinking it is the starting of bull Run it needs to be more stable otherwise it will reduces very soon.