Bull market is back?

[bonker]

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.

Never saw this price on other exchanges in the recent times,maybe whale in action?

But currently the price of bitcoin is $5900 on the way to reach $6000.

[BeGoods]

This is the begin of the BULL market. Bitcoin at the moment is making an attempt to break the $6000 barrier which will make it climb higher to $6400 level. If $6400 can be broken during this month of May, then we should not expect any price less than $10,000 per Bitcoin before the end of the year.

for now, there seems to be no significant development from the current price. well, even though prices may go up, the decline is the same. it causes the price of bitcoin to stabilize at prices above $ 5500 today. so I think a bull market hasn't happened this week.

Bitcoin is the only legend of crypto market so bull run and sudden dump was impossible to predict. But I think this month we will see good result in Bitcoin and altcoin so bull market also possible at anytime because we need positive result so better we must believe the positive uptrend , then only was happen at continuously.

I think if only predicting then nothing is impossible, and in fact the bull run can be known by a number of conditions in the market such as higher prices, and a conducive /positive market situation, a lot of positive news, and high investor confidence in the market, if you find that, then the bull run is sure to happen..

[neonshium]

This is the begin of the BULL market. Bitcoin at the moment is making an attempt to break the $6000 barrier which will make it climb higher to $6400 level. If $6400 can be broken during this month of May, then we should not expect any price less than $10,000 per Bitcoin before the end of the year.

It should be noted that Bitcoin has performed with irregular up & down trends in the crypto market and investors are always finding it hard to decide whether they should start or not. But it should further be noted that Bitcoin has recovered all the time so there should be no fear in investing here. We can see now the Bitcoin’s pricing is getting better that is around 5600 us dollars, best time to invest as it can show further jumps anytime.

[Rufsilf]

This is the begin of the BULL market. Bitcoin at the moment is making an attempt to break the $6000 barrier which will make it climb higher to $6400 level. If $6400 can be broken during this month of May, then we should not expect any price less than $10,000 per Bitcoin before the end of the year.

It should be noted that Bitcoin has performed with irregular up & down trends in the crypto market and investors are always finding it hard to decide whether they should start or not. But it should further be noted that Bitcoin has recovered all the time so there should be no fear in investing here. We can see now the Bitcoin’s pricing is getting better that is around 5600 us dollars, best time to invest as it can show further jumps anytime.

It could be a smart idea to invest in crypto especially for bitcoin even during the bear season. We witness already its irregularity and it is our decision to take the risk or go somewhere else.  Imagine, if we buy bitcoin last year where the price is below $4k definitely, we are having a huge profit right now and it could be more if we are still holding it.

[rachellee]

As of this writing, BTC worths $5,896+ and is expected to reach $6k. I am very positive, just as many people are, that we are nearing what we are all eyeing for, the bullrun thing. I think, the correction phase is over now, and BTC is set to soar anytime now. So it's best to buy now before it leaves us at the bottom.

[mace15]

As of this writing, BTC worths $5,896+ and is expected to reach $6k. I am very positive, just as many people are, that we are nearing what we are all eyeing for, the bullrun thing. I think, the correction phase is over now, and BTC is set to soar anytime now. So it's best to buy now before it leaves us at the bottom.

Currently btc price is gradually increasing so their is the possibility to cross $6k. This is good movement in crypto so let us hope for the best. Right best to catch the chance to invest in btc as the price is increasing.

[Cosbycoin]

This is the begin of the BULL market. Bitcoin at the moment is making an attempt to break the $6000 barrier which will make it climb higher to $6400 level. If $6400 can be broken during this month of May, then we should not expect any price less than $10,000 per Bitcoin before the end of the year.

$6000 is not that challenging for bitcoins to reach instead bitcoins can anytime cross that any run behind reaching $7000. Bitcoins are showing us growth which it showed the last time before the bull markets arrived. Now this time, bitcoins might even cross the highest price bitcoins reach in the mid 2017 and might now gain interest of various peoples who might happily invest into bitcoins to see their future bright.

That will be the time when we need to buy bitcoins at the peak but now might be the time to buy bitcoins below $5600 because this is the dip after crossing $5700. We might not expect a shorter dip then this so it might be a good time for a lot of big whales to invest into bitcoins.

[Farma]

As of this writing, BTC worths $5,896+ and is expected to reach $6k. I am very positive, just as many people are, that we are nearing what we are all eyeing for, the bullrun thing. I think, the correction phase is over now, and BTC is set to soar anytime now. So it's best to buy now before it leaves us at the bottom.

Currently btc price is gradually increasing so their is the possibility to cross $6k. This is good movement in crypto so let us hope for the best. Right best to catch the chance to invest in btc as the price is increasing.

well, I am very optimistic to think the price of bitcoin could be more than $ 6k at the moment. however, there is a large market that was hacked, and I think this has to do with the current price decline. things like this always happen when prices start to rise. I hope this does not affect the bull market that is going to happen this year.

[Viscore]

As of this writing, BTC worths $5,896+ and is expected to reach $6k. I am very positive, just as many people are, that we are nearing what we are all eyeing for, the bullrun thing. I think, the correction phase is over now, and BTC is set to soar anytime now. So it's best to buy now before it leaves us at the bottom.

Currently btc price is gradually increasing so their is the possibility to cross $6k. This is good movement in crypto so let us hope for the best. Right best to catch the chance to invest in btc as the price is increasing.

well, I am very optimistic to think the price of bitcoin could be more than $ 6k at the moment. however, there is a large market that was hacked, and I think this has to do with the current price decline. things like this always happen when prices start to rise. I hope this does not affect the bull market that is going to happen this year.

Somehow it affected the market, but in a temporary basis only, the market has now slowly recovered.
Binance is one of the largest exchange in the market but this hack does not worry people as funds are safe, according to them "funds are SAFU".
Looks like this incident highlighted their insurance and they can operate in this kind of hacking, this gives good impression to people about their security.

[Labumi]

Never saw this price on other exchanges in the recent times,maybe whale in action?

But currently the price of bitcoin is $5900 on the way to reach $6000.

this could be the work of the popes and could also be from the exchange itself which tries to manipulate the price movements of bitcoin so that it can give an influence on the price of bitcoin at the exchange place and usually when such will make many traders buy bitcoin.

[shanghai]

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 you. The bull market may happen this month. Although Bitcoin is at a price of $ 5,700 and $ 5,900, the $ 6,000 price may come quickly. Therefore, I believe the opportunity For many investors it is still very good before Bitcoin set new prices.

[pinoycash]

Are we there yet? is this really the bull we have been waiting for? Seeing how the market respond in the recent binance hacking, This negative news hardly impact the price on Bitcoin today!,

If we can break the $6000 Barrier today this could signal another buy pressure for all those sideliners waiting for a bull run before riding the money train.

[TheBigBossK]

I think the cryptocurrency market follows market cycle patterns similar to stock and other markets.

For example, we can see a similar chart every few years for Bitcoin... This one is for 2013-2014.
https://blog.topolyan.com/wp-content/uploads/2019/03/bitcoin_chart_2013-2014.png

You can read more about market cycles in Wikipedia: https://en.wikipedia.org/wiki/Stock_market_cycles

"Cyclical cycles generally last 4 years, with bull and bear market phases lasting 1–3 years".

I guess it is too soon to expect the bull market yet (whether we want it or not).

[dat.ho12492]

Are we there yet? is this really the bull we have been waiting for? Seeing how the market respond in the recent binance hacking, This negative news hardly impact the price on Bitcoin today!,

If we can break the $6000 Barrier today this could signal another buy pressure for all those sideliners waiting for a bull run before riding the money train.

I don't think this is the bull we are waiting for because the bull market is about the whole market having a price increase but the current situation is not meaningful that I am saying, what is rising and falling is just bitcoin, altcoin is still only one color, bloody. Especially a very negative news came out as you said, binance was attacked by hackers, a large number of bitcoin has disappeared, with such a bad news, the bull market still may not appear, we still need to wait

[semobo]

Yes it does,because we are seeing more green than days for a while now which is a clear sign that we are entered into the bull run.BUt still we yet to break $6000 resistance which might give more confident to the investors.

[H0USE]

Yes it does,because we are seeing more green than days for a while now which is a clear sign that we are entered into the bull run.BUt still we yet to break $6000 resistance which might give more confident to the investors.

i still think BTC is getting closer to 6000$ but the bull run has not started at all. rightnow the bear market is still holding the market low even when we seen many pumps recently, there are still strong dumps to keep the price BTC the same past few months, so yeah, i believe the bull market is coming  so we should buy as much as BTC when the price is still affordable.

[Bezobraznike]

Are we there yet? is this really the bull we have been waiting for? Seeing how the market respond in the recent binance hacking, This negative news hardly impact the price on Bitcoin today!,

If we can break the $6000 Barrier today this could signal another buy pressure for all those sideliners waiting for a bull run before riding the money train.

I don't think this is the bull we are waiting for because the bull market is about the whole market having a price increase but the current situation is not meaningful that I am saying, what is rising and falling is just bitcoin, altcoin is still only one color, bloody. Especially a very negative news came out as you said, binance was attacked by hackers, a large number of bitcoin has disappeared, with such a bad news, the bull market still may not appear, we still need to wait

   Yes indeed. Binance's hack can be a reason of stoppage of bitcoin's growth.
At the same time you mentioned exactly the same what I am thinking - altcoins are not growing and we simply may hope for bull market's coming back, but we still cannot say that it already back.

[Yaunfitda]

Are we there yet? is this really the bull we have been waiting for? Seeing how the market respond in the recent binance hacking, This negative news hardly impact the price on Bitcoin today!,

If we can break the $6000 Barrier today this could signal another buy pressure for all those sideliners waiting for a bull run before riding the money train.

I don't think this is the bull we are waiting for because the bull market is about the whole market having a price increase but the current situation is not meaningful that I am saying, what is rising and falling is just bitcoin, altcoin is still only one color, bloody. Especially a very negative news came out as you said, binance was attacked by hackers, a large number of bitcoin has disappeared, with such a bad news, the bull market still may not appear, we still need to wait

   Yes indeed. Binance's hack can be a reason of stoppage of bitcoin's growth.
At the same time you mentioned exactly the same what I am thinking - altcoins are not growing and we simply may hope for bull market's coming back, but we still cannot say that it already back.

Nope, this negative news didn't affect the marke whatsoever.

We just had a break-out run, $6k has been breached, it Binance has an effect then we might see the price plummets to $5300-$5400 at least.

But it seems that Binance did a good job to stop the panic because of their safu in place. Let's hope that there will be no negative news because the market is really doing good right now.

[partysaurus]

Are we there yet? is this really the bull we have been waiting for? Seeing how the market respond in the recent binance hacking, This negative news hardly impact the price on Bitcoin today!,

If we can break the $6000 Barrier today this could signal another buy pressure for all those sideliners waiting for a bull run before riding the money train.

I don't think this is the bull we are waiting for because the bull market is about the whole market having a price increase but the current situation is not meaningful that I am saying, what is rising and falling is just bitcoin, altcoin is still only one color, bloody. Especially a very negative news came out as you said, binance was attacked by hackers, a large number of bitcoin has disappeared, with such a bad news, the bull market still may not appear, we still need to wait

   Yes indeed. Binance's hack can be a reason of stoppage of bitcoin's growth.
At the same time you mentioned exactly the same what I am thinking - altcoins are not growing and we simply may hope for bull market's coming back, but we still cannot say that it already back.

Nope, this negative news didn't affect the marke whatsoever.

We just had a break-out run, $6k has been breached, it Binance has an effect then we might see the price plummets to $5300-$5400 at least.

But it seems that Binance did a good job to stop the panic because of their safu in place. Let's hope that there will be no negative news because the market is really doing good right now.

if binance pays back all the money that was lost as they say they will,then its not a big deal that it got hacked since the only one that lost money is binance. Guess thats why it dont have such a negative effect but we have to wait and see and alot of people think bitfinex is going for a exit scam.
Other than those bad news putting us back abit it looks realy good for btc in the comming months.

[superstarbtc]

Now the price seems to be very impressive which makes us think we are in a bull run and this trend will carry for another year and today the price of bitcoin crossed more than 6000$ which seems to be very impressive in the market and seems to be we are in bullish.