Bitcoin just popped! $4700!

[btc78]

There was a sudden spike of 25% within 60 minutes, as the prices peaked at $5,080 per coin in Bitstamp

Really?this is frustrating because i have waited for long in this $5000 value to sell out but suddenly i am late for the party though $4,750 is still better than past

I couldn't find any positive news about Bitcoin in the mainstream media. 

I guess you should visit this thread as the speculation tackled by some accounts and I believe its more reliable to believe

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[Ipwich]

You don't miss anything, price increase is huge, therefore expect that it will dump again.
Not that it will dump hard but some correction might happen, a one day increase of 15% for BTC is not normal to the market.

A little correction, that's the entry point, they wait and sell when it rises again.

There was a sudden spike of 25% within 60 minutes, as the prices peaked at $5,080 per coin in Bitstamp

Really?this is frustrating because i have waited for long in this $5000 value to sell out but suddenly i am late for the party though $4,750 is still better than past

I couldn't find any positive news about Bitcoin in the mainstream media. 

I guess you should visit this thread as the speculation tackled by some accounts and I believe its more reliable to believe

Let's just enjoy the party that is happening until it last.

[mindrust]

It's not news related.

Bitcoin had been pushing at the top of the bottom range recently. The top of the bottom range was right around $4200. After 4.5 months of bottoming it had been putting pressure on the top the past few days, and especially today being over $4100 and slowly rising all day. The resistance finally broke.

I figured this week we'd either have a big drop to continue the bottoming phase or a big pump to break out of the bottom and start the next bull run. The latter happened.

This is because halving is coming near. According to BitcoinBlockHalf.Com only 417 days left now.

There will be more people who'll want to get as we get closer to the big event.

These independent buyers will keep adding up and move the price to the new ATH.

[Juggy777]

At $4700 on Coinbase Pro right now! Just under $4600 on CMC!

Hey yes Bitcoins touched 4900$ levels and then corrected itself at 4700$ levels, it was a spike which has caught everyone off guard. I also read about a trader who said that bitcoins will reach 20k very soon, but I don’t agree as I feel it may only cross $5k levels in the short term. I also feel it’s too early to label this as a bull run, as we need more pumps before we can declare that the bulls are back.

[bitcoin31]

This day is crypto day because every crypto user for sure celebrate of what bitcoin achieved today and we are looking tomorrow again of what the price bitcoin reach but I hope still good.  Keep holding by simple hold your coin you hwlp communitt and also your self because not only for me and for them if the bitcoin price increase but also for you because you cn get more profit.

[Adriano2010]

Is a good day, but i hope to still have a grow this month and get more grow until the end of month, maybe we can have over 10,000$ for 1BTC, but we need to wait and not jump to buy on high this time.

[Slow death]

At $4700 on Coinbase Pro right now! Just under $4600 on CMC!

Today was a very incredible day, after several months in which we did not see a big increase, finally we could see an increase of more than 10% and of course this has become news in many news channels that talk about bitcoin and strangely some of the channels of news that talk about bitcoin have refrained from trying to justify the increase of price

BTC Hits $4,800 for the First Time in 2019, Top Crypto Markets See Double Digit Growth

maybe we can have over 10,000$ for 1BTC, but we need to wait and not jump to buy on high this time.

I think it's very difficult to reach $10,000 this year, but everything is possible, about taking care not to buy high, this is relative, no one can guarantee that $ 4700 is a low price, as no one can guarantee that $19000 it was a very high price. if one day the price is $40,000 for example we will say that $19000 was a very low price.

[barota]

pump 14 percent in short period , i dont trust this pump ......need big correction
dont buy more bitcoin
i dont know who contol this marcket
but this is very very sad for investor
they want you buy expensive and sell cheap

with this way they will impact bitcoin to bad
 

[harizen]

pump 14 percent in short period , i dont trust this pump ......need big correction
dont buy more bitcoin
i dont know who contol this marcket
but this is very very sad for investor
they want you buy expensive and sell cheap

with this way they will impact bitcoin to bad
 

So the bearish market that lasted over years can't be considered as "big correction"?

For how long it should be? For what price range?

Today's pump might be not the pump that people are waiting for. I even don't consider this a big pump like other's view but this kind of price movement can fueled another hype to another one and so on. Also it's really good to see that after several months of dealing with the bearish market, it gives chances that soon "the expected price pump will happen again.

No need to go technical nor overreact with the current price movement. Let the usual flow progress and see what will happen next.

[BUK2016]

At $4700 on Coinbase Pro right now! Just under $4600 on CMC!

It is a good sign that there is a strong hope that in time to come Bitcoin market value will be higher than what we all saw in 2017 before end of December this year if all things remain equal the way things are going. Although am not optimistic about it anyway but anything can happen in crypto currency market.

[Gaff]

Is a good day, but i hope to still have a grow this month and get more grow until the end of month, maybe we can have over 10,000$ for 1BTC, but we need to wait and not jump to buy on high this time.

You can buy at a lower price right now, don't waste your chance to have bitcoin back with you right now. Buying back is a good strategy before we're going to experience the commencement of bullish market. If the expected price was moving towards $10k this month or maybe next, well strike the  iron while it's hot. Losing chances cannot help us pursue a brighter future, take a stand and decide quick.

[STT]

everybody went long on large leverage

Everybody standing one side of the boat alone will cause upset.   Add in leverage and its very likely to swing the other way then as people are forced to exit suddenly without adjustment.    I just hope not too many now are on leverage also

[barota]

who buy bitcoin at this time are crazy
how over 20 percent in 1 day Is your memory okay? ........... this is like some groupe want make easy money
I changed my opinion .. stop buying bitcoin is good

[fasdorcas]

There was a sudden spike of 25% within 60 minutes, as the prices peaked at $5,080 per coin in Bitstamp. But a slight correction followed and now the prices have stabilized at around $4,750 per coin. Still baffled by this sudden surge, as I couldn't find any positive news about Bitcoin in the mainstream media. The BCH prices are also going up and nearing the $170 resistance level.

Neither could I see any positive news too or any known major factor that would have done this but I know within the next few days, I trust some analyst to come up with one, I have actually read one somewhere where the OP claim it was as a result of an arbitrage done in Japan, but I just ignored this and believe it’s just an assumption based theory. Whatever must have caused this increase must really be a strong factor that needs to be improved to continue with it action. I still expect more of this though this year, many investors will definitely still pump in more money as they get necessary awareness for this, this little act alone has even created big awareness to many who would have read of this on the internet.

[Naida_BR]

There was a sudden spike of 25% within 60 minutes, as the prices peaked at $5,080 per coin in Bitstamp

Really?this is frustrating because i have waited for long in this $5000 value to sell out but suddenly i am late for the party though $4,750 is still better than past

Maybe you can still find a marketplace where the Bitcoin price moves around 5000 and you will be able to sell at your desired price.
I think that they price is going to move a little bit higher before it will stabilize, so I am keep waiting for that before I sell.

[Pursuer]

There was a sudden spike of 25% within 60 minutes, as the prices peaked at $5,080 per coin in Bitstamp

Really?this is frustrating because i have waited for long in this $5000 value to sell out but suddenly i am late for the party though $4,750 is still better than past

Maybe you can still find a marketplace where the Bitcoin price moves around 5000 and you will be able to sell at your desired price.
I think that they price is going to move a little bit higher before it will stabilize, so I am keep waiting for that before I sell.

you are replying to a 2 day old comment and giving him a terrible advice!
by that time $5000 was considered the place where you should have sold because it was after a nice sudden rise and the correction was imminent which did actually happen and price went to $4700ish. now price has already gone back up to $5000 and is rising towards $5200 so there is a better chance that we see another breakout happen instead! in other words the target to sell at right now is above $5700 and closer to $6000.