Has the market completely recovered

[ifykiki]

What is the reason for the recent bullrun? Was there any news because I didn't hear of anything or did a big whale invest?

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[bathrobehero]

Not sure. You might find some more info speculation on the Speculation board: https://bitcointalk.org/index.php?board=57.0

[blockman]

There's 'one mystery buyer'.

(https://dailyhodl.com/2019/04/02/massive-bitcoin-whale-triggered-btc-surge-with-100-million-order-says-crypto-investment-firm-ceo/)
(https://thenextweb.com/hardfork/2019/04/02/mystery-buyer-bitcoin-price-5000-cryptocurrency/)

[btc_angela]

What is the reason for the recent bullrun? Was there any news because I didn't hear of anything or did a big whale invest?

At this point we can't really say what trigger this massive pump, there were some speculators saying that some big whales buy a tons of bitcoin, other say it started in Japan, other says its the Bakkt proposal. So we can finally see what triggers everything when the market have settled down. But it is still going to we might not find the real reason. Probably will take days to analyse it.

[Wind_FURY]

What is the reason for the recent bullrun? Was there any news because I didn't hear of anything or did a big whale invest?

At this point we can't really say what trigger this massive pump, there were some speculators saying that some big whales buy a tons of bitcoin, other say it started in Japan, other says its the Bakkt proposal. So we can finally see what triggers everything when the market have settled down. But it is still going to we might not find the real reason. Probably will take days to analyse it.

Or it's nothing but another common pattern in Bitcoin called the "Bart Simpson" movement, because of the inefficiencies of the market. If that's what we have, then I believe we would see a big red candle back to $3,800 - $3,900 in a few weeks.

[greeklogos]

I also have the same questions and looking for answers for it. At the same time I think it is too early to say about coming back of bull market and to expect that the raise is going to lead long. We may only hope for that.

[iv4n]

In this moments you make profit, or you can be greedy and wait for higher rise. Is this recovery, no this is a cycle, after long time of down trend we are finally in some sort of bull rise, but it`s not going back to 20k just like that, we still need to be patient for that. This is rise is a great thing, but in this rises you are waiting for good moment for selling if you bought at +3000 dollars, it`s how you need to trade, don`t live in illusions that price will go very high, remember every rise have it`s top, like every drop has it`s bottom.

[STT]

Or it's nothing but another common pattern in Bitcoin called the "Bart Simpson" movement, because of the inefficiencies of the market. If that's what we have, then I believe we would see a big red candle back to $3,800 - $3,900 in a few weeks.

There was already more then a Bartman in action, to go back that far would have to break past 200 day average and also break the uptrend that was in play since February.     I think the Bart formation is for smaller moves then this.
One of the reasons it rose was it ran out of space on a trend of rises from the lows and the not very solid ceiling of 4000 or so.   Round numbers dont really count as resistance, they dont exist in other currencies

To answer OP no the market is doing part of a recovery not an entire reversal in one day

[DoublerHunter]

I also have the same questions and looking for answers for it. At the same time I think it is too early to say about coming back of bull market and to expect that the raise is going to lead long. We may only hope for that.

Bitcoin it takes a long time before we can be called it a bull run happen, maybe you are right it is now early to conclude that the bull run will come and I guess that is the normal fluctuation on bitcoin. I'm not on the negative side of bitcoin. I'm still hoping that it will continue raising up until it will hit the 10K dollars it the last quarter of the year. However, let us just wait for the current situation of the market and for sure it will happen.

[Shinpako09]

Eh? you consider that as a bull run already? It's not completely recovered yet because we haven't reach the ATH and surpass it. The price might be showing a good show recently but it's too low and early to say it as bull run.The price doesn't even last long in $5k and drop down a few hundred of bucks again.

[figmentofmyass]

Or it's nothing but another common pattern in Bitcoin called the "Bart Simpson" movement, because of the inefficiencies of the market. If that's what we have, then I believe we would see a big red candle back to $3,800 - $3,900 in a few weeks.

There was already more then a Bartman in action, to go back that far would have to break past 200 day average and also break the uptrend that was in play since February.     I think the Bart formation is for smaller moves then this.
One of the reasons it rose was it ran out of space on a trend of rises from the lows and the not very solid ceiling of 4000 or so.   Round numbers dont really count as resistance, they dont exist in other currencies

To answer OP no the market is doing part of a recovery not an entire reversal in one day

yeah i doubt it will bart top since we've just broken out of a medium term consolidation. bears should be left chasing for the next couple weeks so i doubt we'll just go sideways. i agree with Wind_FURY's overall sentiment though, that this rally will get sold into and we'll go back to retest the $3000s afterwards. it might take a month or two to get back there though.

[BitcoinHodler]

why is it that every time we see a small rise people call it "bull run" and every time we see a tiny drop they call it a "dump or bear market"? do people don't know what these terms mean or are they just overly excited when it comes to bitcoin?

as for recovery, we have not yet recovered completely because price is still below $6k and the actual bull run which has been postponed 6 months ago has not yet started.

[Adriano2010]

Maybe some whales buy it and want to have more bitcoin and hold until bull run, maybe in medium term we will see the price over 10,000$. I think first need to bypass 5000$ resistance.

[greensheep]

That this move will correct at some point is obvious.
Question is how high will it go go before correcting and how much this correction will be (I expect some 30-40% correction)
I suspect 5.8 - 6K area to be huge resistance, it might get pierced on the upside, and then sold.
On the other hand if LTC leads the way (broken trough 360 MA, 6.5K could be in the cards.
6.5K x 0.7/0.6 = 3.9 - 4.5K
6 K x 0.7/0.6 = 3.6 - 4.2K
maybe the 200 SMA will hold during the correction (around 4.5-4.6K)
Exciting times!!

[figmentofmyass]

why is it that every time we see a small rise people call it "bull run" and every time we see a tiny drop they call it a "dump or bear market"? do people don't know what these terms mean or are they just overly excited when it comes to bitcoin?

as for recovery, we have not yet recovered completely because price is still below $6k and the actual bull run which has been postponed 6 months ago has not yet started.

that's what i'm thinking as well. short term, i think this rally still has some legs. but i think it'll get rejected hard at the $6k zone or earlier and we'll continue forming a bottom range for several months afterwards. this is mostly shorts being squeezed and bottom sellers buying back in IMO. i don't think much new money is flowing into the market.

[NeuroticFish]

i don't think much new money is flowing into the market.

Maybe not *that* much, but the fact some altcoins are also rising compared with Bitcoin, known altcoins that were falling deeper and deeper since the money started to go out of cryptos, tells me that some inflow does happen.

But I also agree that we can't talk yet about a clear recovery. 1-2 big green candles are not a trend (they can set one though).

[klaaas]

The speed it took was impressive but i cant say recovered. Lets see if this will hold or keep up on the daily chart.
As Wind_FURY said, a bart simpson pattern is still luring.

[STT]

we see a small rise people call it "bull run"

To be fair to people, the rise is 20% which is a giant move for the price of most things.   But in Bitcoin its more normal for it to be volatile.    I agree that a bull or bear market is not 1 movement but a series or trend that is ongoing and can be bought into generally by a variety of holders not just over night traders.

Its not a bad call this time to be honest, this is a sharp rise true enough but also its a rise coming on the tail of a series of gains over months since December.    It might be a bad call to call it a bull but this is a series of rising low prices that has turned into a spike upwards

[Fredomago]

Maybe some whales buy it and want to have more bitcoin and hold until bull run, maybe in medium term we will see the price over 10,000$. I think first need to bypass 5000$ resistance.

That's very possible, the whales can easily buy huge amount of Bitcoin and hold till the next halving happens, it's up to them how to work it out with the market and win over the momentum, they just know very well how things can be done and enjoy the benefits after.

[buwaytress]

Don't bet on it. I'm as ecstatic as any of you... Seeing Bitcoin do a 20% jump when fundamentals were against that, and then seeing a quick scaling attempt after fallimg to 4600, says a lot about buying appetite. Sure, this was a a pump, but it doesn't seem to have been purosely orchestrated. Just an algorithm that was allowed to execute.

Be nice to get some breathing space for a few weeks, but we should spend some time in momentary correction before splashing out the cash for 5.5k.

[vit05]

Bull run is a pattern that goes for some time. We need more action to confirm if this is a bull run or if we have hit the floor and people decided to buy some after this big whale. We should expect some corrections. People will take profit. And if the correction do not hit 4300 we will see more confident and probably go beyond 5k

[lablab03]

No bro not yet and we are not even close on it because 20k is the current high value of bitcoin so it's too far for now. And its impossible perhaps to completely recovered on this situation because you know manipulators always in the market and suddenly dump when the market growth rate increasing. So it's very difficult as of now to make speculation about it. Lets wait for more results instead.

[BeGoods]

Bull run is a pattern that goes for some time. We need more action to confirm if this is a bull run or if we have hit the floor and people decided to buy some after this big whale. We should expect some corrections. People will take profit. And if the correction do not hit 4300 we will see more confident and probably go beyond 5k

Of course not completely recover. even the price is still far from $10000, if there is panic selling happen, of course the price can collapse instantly. I hope this good condition will continue and many of you don't do stupid things like panic selling..

[Kelvinid]

Bull run is a pattern that goes for some time. We need more action to confirm if this is a bull run or if we have hit the floor and people decided to buy some after this big whale. We should expect some corrections. People will take profit. And if the correction do not hit 4300 we will see more confident and probably go beyond 5k

Of course not completely recover. even the price is still far from $10000, if there is panic selling happen, of course the price can collapse instantly. I hope this good condition will continue and many of you don't do stupid things like panic selling..

We can't blame others to sell their coins right now cause they are already profiting and they don't want to loss this opportunity again. They'll afraid that the market will turn dump again and so strike it before it happens. But for us who still in holding, we just have to pray that it won't go back into $4k again, instead to continue in rising.

[ethereumhunter]

The market has not yet recovered. I think it's a small recovery for the price because we are still far away from the fully recovered and we don't know when it will be completed recovered. All we know are the market now moving to the good progress, and this could lead us to see the bull market will come. We need to wait for a while and always check the market to see if this time is the right time for the bull market to show.

[BitcoinPanther]

Eh? you consider that as a bull run already? It's not completely recovered yet because we haven't reach the ATH and surpass it. The price might be showing a good show recently but it's too low and early to say it as bull run.The price doesn't even last long in $5k and drop down a few hundred of bucks again.

I agree, according to some analyst there are still some walls to be broken before it can be considered as bullish market.  I think, if Bitcoin breaks the resistance way upto $6000 we can consider that the market is already on the bullish stage.  Though I believe the price has just started its recovery.  This mysterious guy who bought 20k BTC would possibly trigger a bullish phase of the market.

[wuvdoll]

What is the reason for the recent bullrun? Was there any news because I didn't hear of anything or did a big whale invest?

In order to say "completely" we need to also see the volume going back up, the prices are going up on both bitcoin and altcoins as well which means market is recovering and that is an amazing news, we have been waiting for bitcoin to have a decent jump for over a year and now finally we have that but if you look at the volume it is still not nowhere near what it used to be.

I do not need to see the investments made into ICO world go back up to what it used to be , that could stay low and I would be fine but I need to see the volume go up as well otherwise this is just temporary. We do not need to increase the price alone we need to make sure we get new people interested in bitcoin and join us with this otherwise the current bitcoin users and traders can do only so much.

[ifykiki]

I've made serious profits but I'm still worried cause the market is blooming very fast as if it is on some kind of adrenaline

[ifykiki]

What is the reason for the recent bullrun? Was there any news because I didn't hear of anything or did a big whale invest?

In order to say "completely" we need to also see the volume going back up, the prices are going up on both bitcoin and altcoins as well which means market is recovering and that is an amazing news, we have been waiting for bitcoin to have a decent jump for over a year and now finally we have that but if you look at the volume it is still not nowhere near what it used to be.

I do not need to see the investments made into ICO world go back up to what it used to be , that could stay low and I would be fine but I need to see the volume go up as well otherwise this is just temporary. We do not need to increase the price alone we need to make sure we get new people interested in bitcoin and join us with this otherwise the current bitcoin users and traders can do only so much.

I think the little recovery right now is admirable, let's just accept this growth and allow it to take it's time, Bitcoin started the rise and altcoins followed who knows the volume might increase fast as well

[BUK2016]

The market in my opinion has fully recover and thrtr is no going back for now. In relation to your question as to whether there news in favour of the market I have no such information to provide an answer to your question but let me research about it and return back with an answer.

[BUK2016]

Bull run is a pattern that goes for some time. We need more action to confirm if this is a bull run or if we have hit the floor and people decided to buy some after this big whale. We should expect some corrections. People will take profit. And if the correction do not hit 4300 we will see more confident and probably go beyond 5k

Of course not completely recover. even the price is still far from $10000, if there is panic selling happen, of course the price can collapse instantly. I hope this good condition will continue and many of you don't do stupid things like panic selling..

There are no negative news coming in at the moment just like what happen in the year 2017 where so many country were busy banning crypto currency business activities. I do hope that the current trend will continue for a long period of time before any little correction will take place.

[sandra_x]

We can not be so sure yet ,it is still possible we are riding on a pump and dump fuel (although unlikely at this point), The technicals are looking really nice and the trade volume is at its highest ever. That is obviously going to drive in some FOMO. Hope this might be it

[Gaff]

Bull run is a pattern that goes for some time. We need more action to confirm if this is a bull run or if we have hit the floor and people decided to buy some after this big whale. We should expect some corrections. People will take profit. And if the correction do not hit 4300 we will see more confident and probably go beyond 5k

Probably the corrections will take more months to further reinstate on its capability to attain bull run. Reaching the peak of the price value is our great hope for bitcoin, and as people moved on after all those challenges during bearish trend; it's not easy to gain enough motivations again. All we need to do now is to have more determinations and courage, because we're on the journey of breaking barriers to achieve successful life through bitcoin.

[Wind_FURY]

Or it's nothing but another common pattern in Bitcoin called the "Bart Simpson" movement, because of the inefficiencies of the market. If that's what we have, then I believe we would see a big red candle back to $3,800 - $3,900 in a few weeks.

There was already more then a Bartman in action, to go back that far would have to break past 200 day average and also break the uptrend that was in play since February.     I think the Bart formation is for smaller moves then this.
One of the reasons it rose was it ran out of space on a trend of rises from the lows and the not very solid ceiling of 4000 or so.   Round numbers dont really count as resistance, they dont exist in other currencies

To answer OP no the market is doing part of a recovery not an entire reversal in one day

Of course not. The bart movement is any long green or red candle, followed by nothing, and stays like that for a few days or some weeks, then followed by a reverse green or red candle, forming bart's head.

I believe it happens when there is a big long or short order on margin.

[exstasie]

There was already more then a Bartman in action, to go back that far would have to break past 200 day average and also break the uptrend that was in play since February.  I think the Bart formation is for smaller moves then this.
One of the reasons it rose was it ran out of space on a trend of rises from the lows and the not very solid ceiling of 4000 or so.   Round numbers dont really count as resistance, they dont exist in other currencies

To answer OP no the market is doing part of a recovery not an entire reversal in one day

Of course not. The bart movement is any long green or red candle, followed by nothing, and stays like that for a few days or some weeks, then followed by a reverse green or red candle, forming bart's head.

I believe it happens when there is a big long or short order on margin.

On that note, here's an interesting article to ponder: https://www.reuters.com/article/us-crypto-currencies/bitcoin-soars-20-percent-mystery-buyer-seen-as-catalyst-idUSKCN1RE0JY

Today’s gain was probably triggered by an order worth about $100 million spread across U.S.-based exchanges Coinbase and Kraken and Luxembourg’s Bitstamp, said Oliver von Landsberg-Sadie, chief executive of cryptocurrency firm BCB Group.

“There has been a single order that has been algorithmically-managed across these three venues, of around 20,000 BTC,” he said.

What's so significant about Coinbase, Kraken, and Bitstamp one might ask? Why, they are the three exchanges that form the index for BitMEX's XBTUSD contract!

So I definitely think this was margin related, especially when you look at the volume/liquidations on BitMEX. Whether you're right about the Bart top, well, I'm on the fence about that. After consolidating for 3 months and breaking out, I don't think this move is quite ready to fade out yet. Time for a flag and then another leg up after that.

[Viscore]

The recovery is still partial, I'll only say it has fully recovered once altcoins will also rise and people can sell at a profit.
An increase that are seeing now is part of the recovery, it's good to have this strong bounce and we are hoping this will continue to go up so we can call this recovery. We also cannot blame some people who are still not fully confident and think it could dump again as they witnessed that happen many times.

[davinchi]

we see a small rise people call it "bull run"

To be fair to people, the rise is 20% which is a giant move for the price of most things.   But in Bitcoin its more normal for it to be volatile.    I agree that a bull or bear market is not 1 movement but a series or trend that is ongoing and can be bought into generally by a variety of holders not just over night traders.

Its not a bad call this time to be honest, this is a sharp rise true enough but also its a rise coming on the tail of a series of gains over months since December.    It might be a bad call to call it a bull but this is a series of rising low prices that has turned into a spike upwards

It’s really a good one and especially for traders but 20% is actually not much compared to what bitcoin is capable of increasing too, the reason why this one got us amazed was because in came on a very short notice and the time frame it used in achieving that, we would have still achieved same spot by may buy now that it came quite early.

Let’s see what the next move has in store for us, I am a long term holder and I am still waiting till I am sure that bitcoin has hit its ATH before I can make any move of selling my coin, majority of people sold some of their coins yesterday and I think they are quite stocked now as to when to buy back.

[onrise]

We can not be so sure yet ,it is still possible we are riding on a pump and dump fuel (although unlikely at this point), The technicals are looking really nice and the trade volume is at its highest ever. That is obviously going to drive in some FOMO. Hope this might be it

It is more likely a recovery which has taken place which was due from long time and a good thing for all the supporters and holders who had being waiting for and not selling coin till it reaches a good price and help people to make profits .

[magneto]

What is the reason for the recent bullrun? Was there any news because I didn't hear of anything or did a big whale invest?

You have to understand that there doesn't need to be any reasons for a short term price hike like this.

It's bound to have happened given the fact that we've hung around the $3-4k region and moved mostly sideways for so long. I think that the major driving force behind this particular pump is probably a combination of the fomo in traders, as well as the liquidation of short positions that some people were in that may have caused a short squeeze.

If you are a long term holder, don't bother to look for justifications. Market movement like this is normal and it happens. Instead, focus on what the long term fundamentals are like, and how they've developed, like adoption rates. These are the aspects that will fuel actual bull markets and drive sustainable growth in the long run.

[d1ceplayer]

What is the reason for the recent bullrun? Was there any news because I didn't hear of anything or did a big whale invest?

No single investor can really explain why bitcoin has been suddenly getting price pumped for some days now, I guess we must have had big time investors that entered the market and at the same time, we cannot dispute the fact that it was caused by whale, but who the whales are is what is yet to be known, but it does not matter much to me if its whale or not, I have already taken advantage of it and I am expecting a little price fall, so I can buy back while I await the major Bull run we can easily spot when we see but I really hope whoever the investor is can keep the market green for now.

[Caladonian]

We can not be so sure yet ,it is still possible we are riding on a pump and dump fuel (although unlikely at this point), The technicals are looking really nice and the trade volume is at its highest ever. That is obviously going to drive in some FOMO. Hope this might be it

It is more likely a recovery which has taken place which was due from long time and a good thing for all the supporters and holders who had being waiting for and not selling coin till it reaches a good price and help people to make profits .

How this recovery stage will last for some more, looking at this current momentum seems that the market reversal is really trying to be more stronger, it's continuing the flow and it's gaining new grounds, though more of us here already witness same thing happened before and the rise just got spoiled and went back to down again.

A lots of patience and calmness to hold while the rise still ongoing to earned much bigger.

[d1ceplayer]

We can not be so sure yet ,it is still possible we are riding on a pump and dump fuel (although unlikely at this point), The technicals are looking really nice and the trade volume is at its highest ever. That is obviously going to drive in some FOMO. Hope this might be it

It is more likely a recovery which has taken place which was due from long time and a good thing for all the supporters and holders who had being waiting for and not selling coin till it reaches a good price and help people to make profits .

You are right; I think this recovery should stabilize us on $5000 for a while now till it picks its next target value.

Though lots of people are still of the opinion that there will be a price correction, I have not seen any of these on the technical analysis that I have done and I do hope we don’t have any more correction, though looking at trend, it is when correction is done that it picks the next higher value, but I don’t want Bitcoin to do such correction on its present value, it should better wait till it gets to $9000, so that when any correction is done then, it will be to $6500. I don’t think anybody is ready for now to go back to bear market.

[gabmen]

We can not be so sure yet ,it is still possible we are riding on a pump and dump fuel (although unlikely at this point), The technicals are looking really nice and the trade volume is at its highest ever. That is obviously going to drive in some FOMO. Hope this might be it

It is more likely a recovery which has taken place which was due from long time and a good thing for all the supporters and holders who had being waiting for and not selling coin till it reaches a good price and help people to make profits .

You are right; I think this recovery should stabilize us on $5000 for a while now till it picks its next target value.

Though lots of people are still of the opinion that there will be a price correction, I have not seen any of these on the technical analysis that I have done and I do hope we don’t have any more correction, though looking at trend, it is when correction is done that it picks the next higher value, but I don’t want Bitcoin to do such correction on its present value, it should better wait till it gets to $9000, so that when any correction is done then, it will be to $6500. I don’t think anybody is ready for now to go back to bear market.

It depends on how you see recovery. If it's just being out of the bear trend, then i guess it is more on the recovery already. If by recovery you meant an all time high level value, then we're far from it and would need a much longer time.

[Wind_FURY]

There was already more then a Bartman in action, to go back that far would have to break past 200 day average and also break the uptrend that was in play since February.  I think the Bart formation is for smaller moves then this.
One of the reasons it rose was it ran out of space on a trend of rises from the lows and the not very solid ceiling of 4000 or so.   Round numbers dont really count as resistance, they dont exist in other currencies

To answer OP no the market is doing part of a recovery not an entire reversal in one day

Of course not. The bart movement is any long green or red candle, followed by nothing, and stays like that for a few days or some weeks, then followed by a reverse green or red candle, forming bart's head.

I believe it happens when there is a big long or short order on margin.

On that note, here's an interesting article to ponder: https://www.reuters.com/article/us-crypto-currencies/bitcoin-soars-20-percent-mystery-buyer-seen-as-catalyst-idUSKCN1RE0JY

Today’s gain was probably triggered by an order worth about $100 million spread across U.S.-based exchanges Coinbase and Kraken and Luxembourg’s Bitstamp, said Oliver von Landsberg-Sadie, chief executive of cryptocurrency firm BCB Group.

“There has been a single order that has been algorithmically-managed across these three venues, of around 20,000 BTC,” he said.

What's so significant about Coinbase, Kraken, and Bitstamp one might ask? Why, they are the three exchanges that form the index for BitMEX's XBTUSD contract!

So I definitely think this was margin related, especially when you look at the volume/liquidations on BitMEX. Whether you're right about the Bart top, well, I'm on the fence about that. After consolidating for 3 months and breaking out, I don't think this move is quite ready to fade out yet. Time for a flag and then another leg up after that.

Then I'm more confident that the "Bart Pattern" is going to happen. The whale-cumulators exploit the market when there's too much margin-shorts, or longs, by doing large margin trades of their own on the opposite side.

I believe when the market has enough margin-longs in, made collectively by the plebs, the whale-cumulators will crash the price back, completing the Bart Pattern.

[exstasie]

Then I'm more confident that the "Bart Pattern" is going to happen. The whale-cumulators exploit the market when there's too much margin-shorts, or longs, by doing large margin trades of their own on the opposite side.

I believe when the market has enough margin-longs in, made collectively by the plebs, the whale-cumulators will crash the price back, completing the Bart Pattern.

I do think the price will crash back down (not sure about this "whale-cumulator" talk though ), I just think bears will get squeezed a bit more first. After 3 months of sideways, I don't think everyone who wants/needs to buy back (like shorters) has bought back yet.

The high margin shorts have been liquidated, but I doubt we've loaded up that many longs yet. If these "whale-cumulators" are real, then they'll wait for retail traders to get heavy long first. In that sense, a Bart top is possible. I just think there's too much buying pressure still so I'm looking for alternatives with more upside.

[shesheboy]

there is no fix price for every cryptos . we cant say that the market has recovered or not .  

it only depends on the persons goal if what price is his target qouta  .

  while majority of users only wants the price to increase  .

  they only based on the highest possible price that cryptos get . for example on the year 2017 all cryptos reach their ath's but eventually the prices fell down . they wont see recovery if the price wont return on its previous ath

[Pattart]

there is no fix price for every cryptos . we cant say that the market has recovered or not . 

it only depends on the persons goal if what price is his target qouta  .

  while majority of users only wants the price to increase  .

  they only based on the highest possible price that cryptos get . for example on the year 2017 all cryptos reach their ath's but eventually the prices fell down . they wont see recovery if the price wont return on its previous ath

Yeah it means, we don't know where the price will fly, prices can continue to rise and penetrate $5k or above or even fall again,
depending on the circumstances and needs of users in the market, hoping demand is always high.

[Bitcoinwaist]

it is great to see the nice rise in btc price but i don't think the bear is over yet. to me this looks like a trap. i hope I am wrong, but to me it feels like a synthetic pump. whales are not going to buy in for the long term and create an expensive pump on purpose, they would slowly accumulate at the lowest possible prices.
 a mystery buyer? I doubt it, they would do it otc to avoid slippage. i wouldnt be surprised if the whales pull the carpet out and we go back to $4k. no harm no foul. until price breaks through $6k convincingly, i think it is still a bear imo.

[jakelyson]

It seems the price is trying to stabilize at 5k and it seems it is going to be the new support. As far as the market being recovered, I guess there is a long way to go if we base it on the ATH. What's important is, bitcoin is slowly going up again.

[hulla]

What is the reason for the recent bullrun? Was there any news because I didn't hear of anything or did a big whale invest?

No single investor can really explain why bitcoin has been suddenly getting price pumped for some days now, I guess we must have had big time investors that entered the market and at the same time, we cannot dispute the fact that it was caused by whale, but who the whales are is what is yet to be known, but it does not matter much to me if its whale or not, I have already taken advantage of it and I am expecting a little price fall, so I can buy back while I await the major Bull run we can easily spot when we see but I really hope whoever the investor is can keep the market green for now.

Either the whales are behind the current surge in price of the crypto market or not is not the answer but for the market to resist to dumping trend acouple of weeks simply mean the market have recovered but need people to do more of buying and holding than spending. However, the whales are yet to enter the market because if they enter will experience market rally.

[sheenshane]

It seems the price is trying to stabilize at 5k and it seems it is going to be the new support. As far as the market being recovered, I guess there is a long way to go if we base it on the ATH. What's important is, bitcoin is slowly going up again.

That's what I have noticed though, as I have heard before, the reason why the recent Bullrun was trigged because a single whale invested an amount of $100 Million worth of bitcoin.

I have also heard that some of the tycoons are moving their assets into the cryptocurrency because they think there is something that will happen and will affect their investments in fiat. We will still not be able to know but sooner, the bitcoin will go high. The point is, what would
be the reason? Would it scare us or make us happy? For better or for worse?

[adzino]

The price just made a small jump from $3,900 to $5,050 USD. This does not mean the market has recovered. In fact, i don't think there is any specific point of the value where we can say that the market has recovered. According to me, the price of bitcoin is still undervalued. We still yet to see the real price of the bitcoin.
This small sudden rise might be due to manipulation of the price. I have read somewhere it was due to a huge buy up from a single trader that caused the price to roar. If that's the case, then we might see the price getting dumped soon.

[leowonderful]

Not at all. We failed to break through resistance at $5300 and we're currently stuck in a very tight trading range near $5000 for Mex prices. Whatever movement comes next is going to be significant, and I'll consider putting in a more significant long position should we break $6000. Feels like this weekend's going to be ranging near $5000 and a more significant movement should happen on Monday or so. We're at the very tail end of the bear market and even in the beginnings of a bull market, but that doesn't mean we can't fall from here.

[Oceat]

It could be because of the Bakkt recent reports of is it just another rally created by those whales to make a bull trap. But if people would be aware of this and don't push the market down with FOMO then it will stay stable at this price and might continue to grow in the future until the halving of Bitcoin come next year.

[omonuyak]

Not at all. We failed to break through resistance at $5300 and we're currently stuck in a very tight trading range near $5000 for Mex prices. Whatever movement comes next is going to be significant, and I'll consider putting in a more significant long position should we break $6000. Feels like this weekend's going to be ranging near $5000 and a more significant movement should happen on Monday or so.

$5300 resistance level has limit the current bullish trend and we should hope that before Monday that this trading area should be break.  The cryptocurrency market has to go over $5875 for us to assume that the bearish market is over and lighter bull market has commence.  

[GregH37]

Though lots of people are still of the opinion that there will be a price correction, I have not seen any of these on the technical analysis that I have done and I do hope we don’t have any more correction, though looking at trend, it is when correction is done that it picks the next higher value, but I don’t want Bitcoin to do such correction on its present value, it should better wait till it gets to $9000, so that when any correction is done then, it will be to $6500. I don’t think anybody is ready for now to go back to bear market.

It depends on how you see recovery. If it's just being out of the bear trend, then i guess it is more on the recovery already. If by recovery you meant an all time high level value, then we're far from it and would need a much longer time.

You are very much on point, the market has already recovered and what we will be seeing now is a slow increase in value, while we await its ATH, ATH is still far, it depend on where bitcoin decide to peak, but what me I am clamoring for now is a stable ATH like Gold price and that is why it is easy for gold to be used as store value.

But, Bitcoin would have been much more better than gold in the sense that if you hold BTC as store value, the stress required in converting it to fiat back is so little compared to the one involved in converting gold to fiat, so we need a stable ATH value for BTC to fully achieve its goal which may even be in decade to come, not these ATH that comes shortly and people force it back to bear market.

[mrdeposit]

If we had a big improvement, we would all know. Already, it is easy to find the cause after the increase. It is likely that pumping the price is not related to the cause. Let's hope for better "without" reason.

[mace15]

It is hard to say if the market has completely full recovered. But, these market movement is really giving a good vibes that at least price is slowly increasing. This gives us a hope for those who truly waits for the increase and for those who hold the btc until this time.

[bit1]

I don´t think that the market has fully recovered and it´s only a bullish stage but isn´t possible to determine how long it will last I would rather suppose that the price will stabilize around of $5k .

[ShowOff]

I don´t think that the market has fully recovered and it´s only a bullish stage but isn´t possible to determine how long it will last I would rather suppose that the price will stabilize around of $5k .

Actually stable price is better ( for me ) because at least it is not dumped and bear trend not come anymore. But maybe a lot of people want price to get pumped and sell their coins in high price.

[GregH37]

What is the reason for the recent bullrun? Was there any news because I didn't hear of anything or did a big whale invest?

As we have been saying for the past one year, what the market has been experiencing in 2018 is very normal and it is called a market correction, it is the stage where those who have made profit in 2017 are taking out their profit for spending, also it is a time were the market is being pruned, that means the bad coin are separated from the good coin, though the market pruning is not fully over but I can say that the correction is over and it's time for us to see a bull run in the price of crypto again.

I read some secret investors had bought bitcoins for $100 million in multiple exchanges which might have led other investors into FOMO which must be the core reason why we are experiencing bull markets right now. I believe FOMO may continue which may lead to recovery of bitcoin prices up to $6500 levels too.

[shannelcoin]

Well as we can in the market now that bitcoin is reach $5000 price I think I can say it that the bull run is started or the market will be recover and hopefully this will be continues move up.

[figmentofmyass]

we can't say the recovery has happened until we crash/correct back down, hold support, and make higher highs afterwards. price structure is really important---markets don't just move in straight lines. some people are talking like we're just gonna fly back to $20k now. on the weekly+ charts, we need a higher low or double bottom then recovery to set a reversal in motion. until then, we don't know for sure if this is a bull trap or not.

It could be because of the Bakkt recent reports

what reports? i haven't heard anything about bakkt recently and i don't see any news about them on google. it's been nonstop stalling.

[Wind_FURY]

It seems the price is trying to stabilize at 5k and it seems it is going to be the new support. As far as the market being recovered, I guess there is a long way to go if we base it on the ATH. What's important is, bitcoin is slowly going up again.

But the Bart Pattern could complete itself, https://twitter.com/alistairmilne/status/1083655708556566529

The "Bart" patterns that have been a feature in Bitcoin since 2018 are a sign that the market is over-leveraged
... this makes it too easy for so-called 'whales' to counter-trade you and take your margin from you
It used to be OKCoin, now its BitMex traders

We should give it a few days, or weeks until there's enough margin-long orders from the plebs. The whale-cumulators should start crashing the price to close their own margin orders.

[Rufsilf]

I don´t think that the market has fully recovered and it´s only a bullish stage but isn´t possible to determine how long it will last I would rather suppose that the price will stabilize around of $5k .

Actually stable price is better ( for me ) because at least it is not dumped and bear trend not come anymore. But maybe a lot of people want price to get pumped and sell their coins in high price.

Market trends is a continual event which we can't be sure if we all goes into pumping or go downs sometimes. Of what happen recently, we can't finally says that we are in the bull run yet, maybe we could say that we are nearly into that. We just have to observe few more days before we have the final conclusions.

[Daboy_Lyle]

This is what everyone is waiting from the bearish market. After a long time of suffering of the price and now the market is recovering and continues to rise. Bitcoin price is increasing and it doesn't mean that it is fully recovered because many of investors quited due to its bearish price. Many possible reasons why bitcoin or the market is recovering it's maybe the pump and dump is the main reason or some people who can afford a huge amount of bitcoins.

[$anounimus$]

This is what everyone is waiting from the bearish market. After a long time of suffering of the price and now the market is recovering and continues to rise. Bitcoin price is increasing and it doesn't mean that it is fully recovered because many of investors quited due to its bearish price. Many possible reasons why bitcoin or the market is recovering it's maybe the pump and dump is the main reason or some people who can afford a huge amount of bitcoins.

I think when the price of bitcoin in the pump a few days ago maybe it was because of the good news that triggered traders who had very much money to buy bitcoin on the exchange, thus making the cryptocurrency price recover.

[ShowOff]

I don´t think that the market has fully recovered and it´s only a bullish stage but isn´t possible to determine how long it will last I would rather suppose that the price will stabilize around of $5k .

Actually stable price is better ( for me ) because at least it is not dumped and bear trend not come anymore. But maybe a lot of people want price to get pumped and sell their coins in high price.

Market trends is a continual event which we can't be sure if we all goes into pumping or go downs sometimes. Of what happen recently, we can't finally says that we are in the bull run yet, maybe we could say that we are nearly into that. We just have to observe few more days before we have the final conclusions.

But a lot of people always predict even some of them use research, the others only use their opinion. But they really sure if their opinion are right. Maybe if there are someone or peoples who can actually make sure it is bull trend and make influence, it will be good.

[samlaode]

This is what everyone is waiting from the bearish market. After a long time of suffering of the price and now the market is recovering and continues to rise. Bitcoin price is increasing and it doesn't mean that it is fully recovered because many of investors quited due to its bearish price. Many possible reasons why bitcoin or the market is recovering it's maybe the pump and dump is the main reason or some people who can afford a huge amount of bitcoins.

I think when the price of bitcoin in the pump a few days ago maybe it was because of the good news that triggered traders who had very much money to buy bitcoin on the exchange, thus making the cryptocurrency price recover.

If there are really rich investors joining, the market will continue to get better. They will continue to speculate and pump prices up in the near future, hopefully not bubbles.

[Whosdaddy]

there is no fix price for every cryptos . we cant say that the market has recovered or not .  

it only depends on the persons goal if what price is his target qouta  .

  while majority of users only wants the price to increase  .

  they only based on the highest possible price that cryptos get . for example on the year 2017 all cryptos reach their ath's but eventually the prices fell down . they wont see recovery if the price wont return on its previous ath

The recovery we are talking about I actually base on the past performance which a lot of investors, being new to the system then, fell into the trap of whales and bought at peak, so before the majority of investors can agree or believe that the market has recovered is when Bitcoin price pushes close to the last ATH or when it gets on the last ATH and I believe that the performance of Bitcoin this period will make it get above the last ATH we saw in 2017, so until then, the market is green but is yet to fully recover till we are able to  witness above $20,000 price value. For some new coins, I think they are already in recovered stage .

[STT]

a lot of investors, being new to the system then, fell into the trap of whales and bought at peak,

I dont think thats the case, even if we dont have volume the time at the peak pricing was quite brief.   The majority of holders are under 10k I would estimate including the very long term, the rush upwards had people buying and selling within a brief period of time.    Where as the time we've spent in the region of 6500 is a great deal now and the volume to get past that is considerable as so many are involved at this price

[Oasisman]

What is the reason for the recent bullrun?

Do we call it bullrun? I dont think it was. That was a huge leap, its either someone controls the market or someone (an organization ) did a massive purchase plus the people who FOMO that keeps the price pushing above $5k. Im not sure either whats with the market suddenly gained $20billion.

[omonuyak]

When bitcoin get to $10,000 and ethereum get to $1000 we would agree that the market has recovered but with the current price I think bitcoin can still goes down to an unexpected values.  I believe that bitcoin will recover and makes significant progress in months and years to come.

[Malsetid]

What is the reason for the recent bullrun?

Do we call it bullrun? I dont think it was. That was a huge leap, its either someone controls the market or someone (an organization ) did a massive purchase plus the people who FOMO that keeps the price pushing above $5k. Im not sure either whats with the market suddenly gained $20billion.

The moment we were able to hit 5k again, people's excitement went up as well. Though it's a good development for all of us, it's dangerous to call it a bull run. It's highly premature and we could start a fomo that wouldn't end well for most of us. Better to just relax and give the market a chance to really make a recovery and then let's see if we're ready for a real bull run.

[GregH37]

When bitcoin get to $10,000 and ethereum get to $1000 we would agree that the market has recovered but with the current price I think bitcoin can still goes down to an unexpected values.  I believe that bitcoin will recover and makes significant progress in months and years to come.

I don’t understand what you mean by those price levels, recover to $10k how will mean as a recovery, as far as I know, the moment bitcoin placed leg on this bull lane, it has already recovered, and to some this is even the best price for BTC, for those who bought when BTC was at peak in the last bullish trend, it is not our fault that they did not make their research very well before buying, so sorry, if you are not seeing this current market as a recovered one.

The next target of BTC I am expecting now is the next value in this bull race which should be around $7k by may ending, this is how we will keep growing till probably it reach its ATH again.

[eaLiTy]

If there are really rich investors joining, the market will continue to get better. They will continue to speculate and pump prices up in the near future, hopefully not bubbles.

There are investments coming in and during the price rally we saw a few days back, there was a huge investment from unknown sources and if there are huge investment from fund houses the market will shoot to the moon, hopefully we will see a big rally the next time around and the price holds up, the recovery process from the bear grasp is promising.

The next target of BTC I am expecting now is the next value in this bull race which should be around $7k by may ending, this is how we will keep growing till probably it reach its ATH again.

For the market to touch the all time valuation it might take a couple of years, we are seeing the recovery process but that does not mean that we will touch an all time high during this recovery process.

[olumyd]

I don´t think that the market has fully recovered and it´s only a bullish stage but isn´t possible to determine how long it will last I would rather suppose that the price will stabilize around of $5k .

Actually stable price is better ( for me ) because at least it is not dumped and bear trend not come anymore. But maybe a lot of people want price to get pumped and sell their coins in high price.

That's for sure.

However, I'm really not sure market has recovered. I read somewhere that bitcoin is overbought, so this could be the calm before the storm. But who knows? Crypto's fond of pulling chart stunts and we could have a spike upon spike.

[Juggy777]

When bitcoin get to $10,000 and ethereum get to $1000 we would agree that the market has recovered but with the current price I think bitcoin can still goes down to an unexpected values.  I believe that bitcoin will recover and makes significant progress in months and years to come.

Hey I agree with you we have made significant progress, but I feel Bitcoins prices needs more stability and I feel once it crosses $6k mark, then we can say it loud the bulls are back. I’m stressing on the $6k mark because Bitcoins prices were stable for a while at those levels, before it shot of too $20k and then it consolidated at $6k levels. Also bitcoins has already recovered according to me, and I feel we can see more growth from now onwards.

[Idrisu]

We cannot really tell but it seemed the bearish trend is over and the bullish trend has resume.  If you see most of the technical indicators there are mostly showing bullish momentum.  It seems this is the beginning of bull run that might last till end of 2020.

[bitbunnny]

No, it's not. This is just the start of possible recovery but it's still hard to tell if the price will continue to follow that path. I would call current situation a correction and movement in positive way but with any solid guarantee that the price and market will fully recover and not return to startinf position. We have to be patient and wait to see how the price moves before making any premature conclusions.

[bitcoin31]

We don't know the real reason, but now market do their best to compeletely recover from the last year dumping and now another rising price again we saw in the crypto market. This month of April the bitcoin is really good Im looking for more value to up not only bitcoin but to the altcoins also and the tokens.

[creeps]

What is the reason for the recent bullrun? Was there any news because I didn't hear of anything or did a big whale invest?

Its not completely recovered since the price are still cheap but this is the start of the recovering and we need more time before we can say that its totally recovered. The market is doing a nice uptrend but we cannot confirm that it will go further, we have to wait for more time. One thing I believe for is that, bear market has already ended, it creates losses but for sure more people becomes a hodler of great coins.

[iqlimasyadiqa]

What is the reason for the recent bullrun? Was there any news because I didn't hear of anything or did a big whale invest?

Its not completely recovered since the price are still cheap but this is the start of the recovering and we need more time before we can say that its totally recovered. The market is doing a nice uptrend but we cannot confirm that it will go further, we have to wait for more time. One thing I believe for is that, bear market has already ended, it creates losses but for sure more people becomes a hodler of great coins.

Bear market has indeed seemed lost and we are heading towards an era of uptrend. but remember that anything can happen, the bear market may come back. What we need to do is maintain the current situation, give trust and increase the use of digital currencies. hence the market can be far more stable and not easily affected by negative sentiments.

[Viscore]

We don't know the real reason, but now market do their best to compeletely recover from the last year dumping and now another rising price again we saw in the crypto market. This month of April the bitcoin is really good Im looking for more value to up not only bitcoin but to the altcoins also and the tokens.

April is not over yet, so we cannot make a conclusion for this month.
So far, the development for this month is good, thanks to bitcoin big jumped we are trading at $5,000 now, which we did not see for awhile.
If the market has fully recovered, we would not see a big dump for this year, and I'm really wishing for that.

[michellee]

We don't know the real reason, but now market do their best to compeletely recover from the last year dumping and now another rising price again we saw in the crypto market. This month of April the bitcoin is really good Im looking for more value to up not only bitcoin but to the altcoins also and the tokens.

April is not over yet, so we cannot make a conclusion for this month.
So far, the development for this month is good, thanks to bitcoin big jumped we are trading at $5,000 now, which we did not see for awhile.
If the market has fully recovered, we would not see a big dump for this year, and I'm really wishing for that.

Right, we need to wait for more. Maybe after April, the market can recover, I am sure the market will do that in the right time. But the market now has to increase significantly, and it proves by bitcoin which can increase in $5000 and still increase, and besides of bitcoin, the altcoin is also trying to increase. So I guess that soon the recovery of the market will happen too.

[Cherylstar86]

We cannot really tell but it seemed the bearish trend is over and the bullish trend has resume.  If you see most of the technical indicators there are mostly showing bullish momentum.  It seems this is the beginning of bull run that might last till end of 2020.

So far the current market has started to progress gradually and it seems it will continue to grow immensely after surpassing $5k peak, but we can't enumerate its recovery will be consistent. For the long bear trend, we aim for a high peak and now is a good sign to invest while its price is affordable, because if the market completely recover what asset we hold right now will acquire much profitable.

[jademaxsuy]

No of course, there could be more thab that as we all know that bitcoin do.even reach to 10K usd and that was really good that time. However, from the moment the bearish market starts there the huge problem starts. Now, it seems like many investors are coming back again. Besides, bitcoin still growing in terms of its population and still many would want for bitcoin to continue and even invested.

I myself had made some investments but not that huge for it is only an amount of money I invested that I can afford to lose.

[Clark05]

Completely recover? We are in the 25% to the highest value of the bitcoin and we still waiting again another 25% for this quarter and another 25% for the third and fourth quarter of this year so the market will be fully recover the value of it.
We can increase fastly the market once the investors invest more their money or assets they have market recovery is depends to us.

[KennyR]

We don't know the real reason, but now market do their best to compeletely recover from the last year dumping and now another rising price again we saw in the crypto market. This month of April the bitcoin is really good Im looking for more value to up not only bitcoin but to the altcoins also and the tokens.

April is not over yet, so we cannot make a conclusion for this month.
So far, the development for this month is good, thanks to bitcoin big jumped we are trading at $5,000 now, which we did not see for awhile.
If the market has fully recovered, we would not see a big dump for this year, and I'm really wishing for that.

We have crossed the $5000 barrier, and it doesn't look like a perfect recovery. By the complete recovery we should have crossed $10000 by now. The market situation looks like an initiation for the growth, the beginning of the second quarter has given with a better market progress. Possibly this need to be carried forward so to experience the complete recovery.

[Wipangga]

yes, I think now market prices are also experiencing better growth in the near future, so I'm sure in the coming months the market prices will also be stabilized soon.

[Kelvinid]

yes, I think now market prices are also experiencing better growth in the near future, so I'm sure in the coming months the market prices will also be stabilized soon.

We are headed for a new market strike we're everyone must have to believe. Its so long that we've been struggling for bearish season and now we've been compensated enough for us to take the breath. As we wait for the market to fully recovered, we might also to think for any possibilities of dumps. Cause any time it will came out and in a surprise way.

[Wind_FURY]

yes, I think now market prices are also experiencing better growth in the near future, so I'm sure in the coming months the market prices will also be stabilized soon.

We are headed for a new market strike we're everyone must have to believe. Its so long that we've been struggling for bearish season and now we've been compensated enough for us to take the breath. As we wait for the market to fully recovered, we might also to think for any possibilities of dumps. Cause any time it will came out and in a surprise way.

Or the market is actually over-leveraged, and will complete the Bart Pattern, crashing Bitcoin back to $4,000.

The whale-cumulators have a wicked sense of humor, especially if the laughing stock are the plebs like us.

[cydrix]

Lately it has only stabilized but for me It might not be a complete recovery but only for some. By the way the market seems to fine now I think this would be the best time to find some suitable coins before it gets pricy. Reaching back it's prime price is a good thing but I don't think it will reach it's peak during this season but nothing is certain we must also be ready for this time.

[freedomgo]

Lately it has only stabilized but for me It might not be a complete recovery but only for some. By the way the market seems to fine now I think this would be the best time to find some suitable coins before it gets pricy. Reaching back it's prime price is a good thing but I don't think it will reach it's peak during this season but nothing is certain we must also be ready for this time.

If it will rise again after a little dump then maybe we can conclude that it has recovered.
The market movement should properly be monitored, and we will sense if it's bullish or bearish by following the price movement.
We can analyze and give our opinion but we cannot really determine what will happen next, so we can only hope the market will bounce back.

[imstillthebest]

Depends on your price point  . every person differs to each other  . some have higher expectations and some have low  . id say that the price have completey recover because the price is now currently sitting at 5k usd and more while on the beginneng of 2019 the price was only at 3k usd  . same as last year where the price was also dumped for too long  .    some people only consider the hike as a partial recovery because they think the real complete recovery is when bitcoin hit 8k and up .

[semobo]

I think the reason for the price increase is people felt that we did enough wait to bring bulls back so it is now the time to invest which made the prices starts to recovery but still not to be considered as bulls yet until the prices of bitcoin hit $6000.

[2chase]

At the moment, talking about a full recovery of the market is not that premature, but still quite early. So far, we can say with confidence that the long-term trend of bitcoin is no longer bearish at the moment, it has become bullish. This is the only thing about which we can now speak with confidence.

[Sanitough]

At the moment, talking about a full recovery of the market is not that premature, but still quite early. So far, we can say with confidence that the long-term trend of bitcoin is no longer bearish at the moment, it has become bullish. This is the only thing about which we can now speak with confidence.

The market is nice, we like to see it bullish and it started already.
But this market has no fully recovered yet, we are still recovering and we hope this will continue so we will reach the stage where we can
call this market has recovered already. 

The question now is on what price will BTC has to reach to know it has recovered?

For sure everyone has their own opinion, some would say when there is a new ATH, okay, let's see what will happen going forward.

[raven7886]

At the moment, talking about a full recovery of the market is not that premature, but still quite early. So far, we can say with confidence that the long-term trend of bitcoin is no longer bearish at the moment, it has become bullish. This is the only thing about which we can now speak with confidence.

The market is nice, we like to see it bullish and it started already.
But this market has no fully recovered yet, we are still recovering and we hope this will continue so we will reach the stage where we can
call this market has recovered already. 

The question now is on what price will BTC has to reach to know it has recovered?

For sure everyone has their own opinion, some would say when there is a new ATH, okay, let's see what will happen going forward.

I think it is easy to know now than before, I mean before the last bull run. The last bull run as already giving everyone a hint on what Bitcoin is capable of reaching at the little compliance it had then. So basically, from $10,000, people will start seeing the recovery and I think until it gets to above the last bull ATH before people can fully say that the market has completely recovered.

There are many people that have their investment stocked at that price and they are greatly waiting for any chance they get to take their investment at that ATH, and this guarantees that we have many investors that will be willing to wait till BTC reaches its ATH.

[bitbunnny]

To my opinion market still hasn't fully recovered. Situation is better and some positive trends appeared but this is still not done yet. Changes didn't happen over night so the recovery is also a process that takes time. This what is happening now with the price is not a bull run and it's still too early to say if these positive trends will last long term or only temporary.

[Yamifoud]

I think the reason for the price increase is people felt that we did enough wait to bring bulls back so it is now the time to invest which made the prices starts to recovery but still not to be considered as bulls yet until the prices of bitcoin hit $6000.

People aren't that badly affected by fuds and bad news spread, and they can manage to hold their coins until today. Market moves right now but it is not enough to go far and still fighting back to gain more supporters that could help uplift the price.
May all of us are expecting to have a bull market this year and it looks to have that chances but we should have to extend our patient cause it won't be that easy.

[arpon11]

What is the reason for the recent bullrun? Was there any news because I didn't hear of anything or did a big whale invest?

In terms of pricing I will said the market has not completely recovered because the general chart directions is still showing bearish trend and we can said it has recovered when bitcoin pricing is above $20,000. However,  in terms of market conditions I think it has recovered and that is why we are now seeing volatility since last month than in January and February.  Bitcoin on it own is pulling up other coins  and making some significant progress in terms of goods news than before.

[Caladonian]

I think the reason for the price increase is people felt that we did enough wait to bring bulls back so it is now the time to invest which made the prices starts to recovery but still not to be considered as bulls yet until the prices of bitcoin hit $6000.

People aren't that badly affected by fuds and bad news spread, and they can manage to hold their coins until today. Market moves right now but it is not enough to go far and still fighting back to gain more supporters that could help uplift the price.
May all of us are expecting to have a bull market this year and it looks to have that chances but we should have to extend our patient cause it won't be that easy.

Possibilities that those investors and holders are already  learned from previous market conditions, they anticipate that after the small rise dumped will
follow and that's the very reason they wait for those dumpers to show up and buy it then hold, now there's no huge dumped that happening around as
the remaining investors and traders are experienced one who can wait for a much bigger rise that can happen along the way.

[jakelyson]

What is the reason for the recent bullrun? Was there any news because I didn't hear of anything or did a big whale invest?

In terms of pricing I will said the market has not completely recovered because the general chart directions is still showing bearish trend and we can said it has recovered when bitcoin pricing is above $20,000. However,  in terms of market conditions I think it has recovered and that is why we are now seeing volatility since last month than in January and February.  Bitcoin on it own is pulling up other coins  and making some significant progress in terms of goods news than before.

When it starts to roll, it will roll fast. In 2017, the price is at 5000 when it started to roll and make its way straight to 20,000. That is how it is with bitcoin. Right now, it does not feel that we are recovered. But I think it is a good start. I feel that it only needs a little more push before it makes its way back to recovery.

[radjie]

To my opinion market still hasn't fully recovered. Situation is better and some positive trends appeared but this is still not done yet. Changes didn't happen over night so the recovery is also a process that takes time. This what is happening now with the price is not a bull run and it's still too early to say if these positive trends will last long term or only temporary.

yes, it's still too early to say that the market is now fully recovered. there is no definite positive news that can show market price movements will continue to increase because as we have seen there is still a slight decline in market prices and the increase that has occurred to date has not shown a very sharp increase in market prices

[Seeker#9]

The market is slowly recovering but it is not yet fully recovered if you are referring to the December 2017 price. If this recovery go on steadily with only minor price corrections, another bullrun may happen in the later quarters of this year. But a big bullrun usually take time  before it happens again and is predicted by some market analysts to take place a year after the bitcoin halving.

[STT]

'completely'   

No way would I believe that, I think thats a sucker trap but I'm not negative on BTC just I think thats like trying to go down steps in pitch darkness and just hoping you know where the next one is.   The market does not know where the next step is, even up or down exactly.  Its process of price discovery and we cannot just assume recovery is certain.     This action now is an adjustment to the price fall of autumn which was far too rapid to be that exact.   I do think we need to retrace and recheck 6500 area, its partial

[Harlot]

The market is slowly recovering but it is not yet fully recovered if you are referring to the December 2017 price. If this recovery go on steadily with only minor price corrections, another bullrun may happen in the later quarters of this year. But a big bullrun usually take time  before it happens again and is predicted by some market analysts to take place a year after the bitcoin halving.

If you are talking about recovery then we are a long way before we reach it. The price increase we are seeing now does not mean a "recovery" for the market we are still in the bear market and the only way confirming that we have revovered is when the prices go back up at the point of reversal whoch is around the 7,500$ to 8,000$ a rejection this price level would only mean another downward trend for us.

[upsidedown75]

To my opinion market still hasn't fully recovered. Situation is better and some positive trends appeared but this is still not done yet. Changes didn't happen over night so the recovery is also a process that takes time. This what is happening now with the price is not a bull run and it's still too early to say if these positive trends will last long term or only temporary.

For the positive journey Bitcoin value is on now, I believe it’s a final one to bears. We have already left the bear lane and Bitcoin market is on its way to fully recovered and brings forth bull run.

So for any investors not to miss out, we need to continue buy the little we can buy now, I believe that the value will not go below $5000 again, as we have so many factors that will come into the market very soon and push it higher, I am also sure we still have some whales currently warming up to pump some cash into the marker. If then we want to fully recover, after buying our coin, we should just continue to spread the awareness to other people too that has investment tendency.

[jademaxsuy]

No not yet, market has just been to a long bear market and this somehow made a slow recovery in terms of its market price. Thus, it has never been up again to which it does not yet surpasses bitcoin market price 6K usd baseline as to what many are stating until such that 6K usd still not tgmhe baseline and it even reaches down to 3K usd.

Now, market had almost reaching to recovery. This is just my opinion anyway.

[Rune]

The market is almost completely recovered its obviously out of the downtrend things are looking up the next halving should really start a fire under Bitcoin!!

[djsugar]

I doubt it has completely recovered. Market is up for another dump after this bull cycle is over which is here for short term. In long term, charts are still showing bearish movement. Unless the present trend defies the overall market trend, I am still expecting a bearish reversal. But this year I expect bitcoin to touch another ATH. So, overall this year will turn out better than 2018 that Is for sure.

[Che454010]

What is the reason for the recent bullrun? Was there any news because I didn't hear of anything or did a big whale invest?

There has been report that the recent bullrun has been the result of some sort of manipulation. Anyway, whatever may be the truth we can't say that the market has reversed its direction, the situation is totally unpredictable. Anything can happen it may go up or go down.

[ipanks]

What is the reason for the recent bullrun? Was there any news because I didn't hear of anything or did a big whale invest?

There has been report that the recent bullrun has been the result of some sort of manipulation. Anyway, whatever may be the truth we can't say that the market has reversed its direction, the situation is totally unpredictable. Anything can happen it may go up or go down.

Be patient, the market is not yet completely recovered, and we cannot say it's fully recovered because the market itself still moving to the higher price. But the market is on good progress to go to the higher price so we could prepare for the fully recovered from the market. Don't forget to buy as many coins as you can because the next bull market will be at the highest price.

[Fortify]

It is impossible to say that the market has completely recovered until it reaches and overtakes it's previous high. If the price of bitcoin was to start hovering around the $20,000 consistently then it would give more credibility to the long term price and encourage it towards new heights. There are a lot of people still sitting on bitcoin, who bought at higher prices, that are waiting to cash back out again and keep their money in fiat form.

[adaseb]

Its too early still to say whether it has recovered or not. Basically the $5800-$6000 area is the one that everybody will be watching to determine if the $3100 was indeed the bottom.

Many people bought at $6000 assuming it was the bottom for 2018, they are waiting until $6000 and will most likely sell and get out at break-even and calm their nerves.

Then there are those that shorted the $6000 break and got stop-losses in place at $6000 so they don't close their short at a loss.

Hence there is going to be alot of action at this level and if it can hold above $6000 for a few weeks/months then its pretty bullish.

[bittamak]

Its always better to watch out for trading charts to know the market behavior and learn to take steps accordingly.

[dentolas]

What bull run?? did I miss something? 
There is definitely a movement and a new dynamic on the market, but far from saying that we are witnessing a bull run...
A fact is that with a relatively low market cap and small user base, BTC market makers can easily produce spikes on the price, or even the desired chart movements to induce their legion of chart analysts...
sooo, my best guess would be that we would go sideways the remainder of the year, and start having some pump in December....
(but everyone has their own hunch.... we'll just have to wait and see)

[The Cryptovator]

I don't think there is any special news or reason is responsible for current growth of bitcoin. First I was though it was bull trap. But still now bitcoin trying to stay above $5K, so it's a healthy growth in my opinion. And reason is, most likely investors are coming back to bitcoin once again. If this is true then I don't expect any sudden dump. Perhaps we will see a small bull within few days. I am expecting at leas above $6K zone. So we can say its recovered before start a bull run.

[Serco]

It is impossible to say that the market has completely recovered until it reaches and overtakes it's previous high. If the price of bitcoin was to start hovering around the $20,000 consistently then it would give more credibility to the long term price and encourage it towards new heights. There are a lot of people still sitting on bitcoin, who bought at higher prices, that are waiting to cash back out again and keep their money in fiat form.

don't be hurry to say market already recovered.i think there are many barrier in bitcoin price movement in near future.some investors that bought bitcoin in low price now taking profits.and some of them still hold..but atleast bitcoin show good movement by increasing more than $1000 within in a month.

[Serco]

I doubt it has completely recovered. Market is up for another dump after this bull cycle is over which is here for short term. In long term, charts are still showing bearish movement. Unless the present trend defies the overall market trend, I am still expecting a bearish reversal. But this year I expect bitcoin to touch another ATH. So, overall this year will turn out better than 2018 that Is for sure.

don't be pessimistic with this conditon.if all crypto investors have same with you maybe bitcoin and altcoin price never recoverd.we have to believed in every single up movement could be trigger for recovery moment.personally i believed bitcoin price will rise above $6k i near future.

[carlisle1]

There's 'one mystery buyer'.

(https://dailyhodl.com/2019/04/02/massive-bitcoin-whale-triggered-btc-surge-with-100-million-order-says-crypto-investment-firm-ceo/)
(https://thenextweb.com/hardfork/2019/04/02/mystery-buyer-bitcoin-price-5000-cryptocurrency/)

Such a mysterious buyer huh?well its nice to see that there are whales now entering the market with this huge amount but ofcourse this must not end here as we are waiting for continuous growth of the market prices

What bull run?? did I miss something? 
There is definitely a movement and a new dynamic on the market, but far from saying that we are witnessing a bull run...
A fact is that with a relatively low market cap and small user base, BTC market makers can easily produce spikes on the price, or even the desired chart movements to induce their legion of chart analysts...
sooo, my best guess would be that we would go sideways the remainder of the year, and start having some pump in December....
(but everyone has their own hunch.... we'll just have to wait and see)

Maybe because of the recent growth in market volume of bitcoin when the 24 hours volume hit more than $20 billion things that we mostly see when the bull was around so if this is true or not lets wait for what will happens next

[olumyd]

I came back today on this forum because of the slight bullish trend in the market. I am hoping that we will see a trend reversal and BTC might go up towards another ATH. I am not sure about the complete trend reversal but it seems like we are heading towards bull. Altcoin market is pumped. My portfolio almost doubled in less than a month. This all shows we are going to repeat 2017.

That's all I've cared about in over two years. I must have been high for too long on the last ATH, it's hard to live in a world without it. But certainly... A trend reversal is the fix I need. Heard McAfee thinks $1m by 2020 end is logical or rather mathematical. He better be right.

[akela04]

It is too early to think that the market has fully recovered. The main growth will be in 2020. There may well see an increase of $10000 and above.

[Wexlike]

I came back today on this forum because of the slight bullish trend in the market. I am hoping that we will see a trend reversal and BTC might go up towards another ATH. I am not sure about the complete trend reversal but it seems like we are heading towards bull. Altcoin market is pumped. My portfolio almost doubled in less than a month. This all shows we are going to repeat 2017.

That's all I've cared about in over two years. I must have been high for too long on the last ATH, it's hard to live in a world without it. But certainly... A trend reversal is the fix I need. Heard McAfee thinks $1m by 2020 end is logical or rather mathematical. He better be right.

you can win on crypto, if you do only swing trading, moving from altcoins to btc, from btc to usdt, set tight stop loss an d buy again and repeat it years long..else, you will be the HODLER guy.
Hodler's buy btc at just say current price and doing in 2 years x4 and happy, and they are stressed by many negative news, maybe get weak.
Traders stressed every second but they earn more than x4 in few years.
Do your math. HODL or leave. BTC should moon hard in direction 8k to be stay nr1 in next years.

[Omega Weapon]

What is the reason for the recent bullrun? Was there any news because I didn't hear of anything or did a big whale invest?

Most of the time the price does not follow the news and the news follow the price instead, what just happened is that a person or group began to buy lots of bitcoin and this pushed the price up, it is likely that since this happened so suddenly that they are planning to sell the coins they bought slowly and let the price crash and obtain some easy profits of 50% or more during the next weeks.

[bitcoindusts]

Can it be called bull run already? I think its still a long way ahead to bull run but who knows though the market has not yet been knocked out totally but it amazes to us to see the movement in the market spiked a little. Waiting for a more better changes these coming months.

[btc_angela]

Can it be called bull run already? I think its still a long way ahead to bull run but who knows though the market has not yet been knocked out totally but it amazes to us to see the movement in the market spiked a little. Waiting for a more better changes these coming months.

We can call it mildly bull run. The price is picking up in the last 2 months and from $3100 to the current price of above $5k is already considered a bull run. The thing is people relate bull runs to massive gains specially what we've seen in 2017. Maybe we are somewhat in the bullish zone and going to $6k would just validate it. So let's see if you can get to $6k in June and them probably $8k before the end of the year.

[Insanity]

Can it be called bull run already? I think its still a long way ahead to bull run but who knows though the market has not yet been knocked out totally but it amazes to us to see the movement in the market spiked a little. Waiting for a more better changes these coming months.

We can call it mildly bull run. The price is picking up in the last 2 months and from $3100 to the current price of above $5k is already considered a bull run. The thing is people relate bull runs to massive gains specially what we've seen in 2017. Maybe we are somewhat in the bullish zone and going to $6k would just validate it. So let's see if you can get to $6k in June and them probably $8k before the end of the year.

Yes and for me bitcoin probably can get $10k or more before the of the year i just specify it buy seeing so many good news like example many banks are using blockchain for their easily transactions.

[Oasisman]

To anyone who said we are in a bull run, can you guys state below about your consideration or indicator of a bullrun. IMO, we're still not in a bullrun ( Im not sure as im a bit confused) though the market are gradually recovering, but the price is stabilizing at around $5k, and there might a possibility that we drop below $5k again, like the others have the kind of negative predictions.

[kentrolla]

Can it be called bull run already? I think its still a long way ahead to bull run but who knows though the market has not yet been knocked out totally but it amazes to us to see the movement in the market spiked a little. Waiting for a more better changes these coming months.

We can call it mildly bull run. The price is picking up in the last 2 months and from $3100 to the current price of above $5k is already considered a bull run. The thing is people relate bull runs to massive gains specially what we've seen in 2017. Maybe we are somewhat in the bullish zone and going to $6k would just validate it. So let's see if you can get to $6k in June and them probably $8k before the end of the year.

Yes and for me bitcoin probably can get $10k or more before the of the year i just specify it buy seeing so many good news like example many banks are using blockchain for their easily transactions.

I believe but there are few people who has hope that this year going to be bull run again but market is in tougher situation and stabilization of coins are in progress hence we cannot confirm market is in steady state.

[shimbark123]

What is the reason for the recent bullrun? Was there any news because I didn't hear of anything or did a big whale invest?

This post was last April 2 and that is the time where bitcoin got a breakthrough. For what I've heard, the pump was because of a 7000 buy orders of bitcoin on 3 different exchanges. By that, it looks like a mass adoption but that is a work of a whale.

[onrise]

I don't think there is any special news or reason is responsible for current growth of bitcoin. First I was though it was bull trap. But still now bitcoin trying to stay above $5K, so it's a healthy growth in my opinion. And reason is, most likely investors are coming back to bitcoin once again. If this is true then I don't expect any sudden dump. Perhaps we will see a small bull within few days. I am expecting at leas above $6K zone. So we can say its recovered before start a bull run.

Market has recovered just a bit and we have a long way to go from here. So those who think that it will now not rise will end up not making more money during the bull run to come in future. Also those who want to buy can continue buying now as well.

[serjent05]

To anyone who said we are in a bull run, can you guys state below about your consideration or indicator of a bullrun. IMO, we're still not in a bullrun ( Im not sure as im a bit confused) though the market are gradually recovering, but the price is stabilizing at around $5k,

According to Technical analysis, Bull run is present if we see this signals, higher low, higher high,  volume of support inceasing and possibly an increase in daily volume.

For further explanation you can check several youtube videos like these:

https://www.youtube.com/watch?v=uYdk9cWrtOU
https://www.youtube.com/watch?v=RfzTShOuBuY
https://www.youtube.com/watch?v=Kgr-3QjpEXQ

but the price is stabilizing at around $5k, and there might a possibility that we drop below $5k again, like the others have the kind of negative predictions.

Any thing is possible to happen, this is crypto market anyway.  No one controls everyone emotions, sentiments and means of profit.  Each individual is free to act according to what he think is the better action.

[barota]

Beginning of May . we will see another trend , bearish for sure ; the last pump from 4200 was not a surprise
Prices has not recovered yet

[aysg76]

Well, with the small pumps you can't say the market has completely recovered as there's still a long way to cover. However, we can say that it has started to get back on track, but still market being quite volatile nothing is constant for long...

[goaldigger]

The market is not completely recovered but we can say that we are going through it. The price just starts to rise since March and we can say that its too early to declare that we had already recover our losses from the negatives the market brought to us. We can still for months to tell its status.

[Murat]

So $1000 Price increase is bull run? Bitcoin was over $20000 year ago. It was down to $3100 I think bitcoin was oversold or that was a very healthy correction. Price is only up around $2000 from the recent low. Still, a very long way to go. Some people are down to over 80%. I think you didn't see the last bull run Price went from 3.7K to 20k in just two months. That's what we call Bull run.

About the market, It's not completely recovered Majority of the coins are damaged by the bear market. the overall market lost over $200B. I think it's will take a few more years to recover completely or get back to the same market of 2017. Last market uptrend can be a bear trap or if we break above 6k-7k I think we'll enter in a bull market.

[Wexlike]

I doubt it has completely recovered. Market is up for another dump after this bull cycle is over which is here for short term. In long term, charts are still showing bearish movement. Unless the present trend defies the overall market trend, I am still expecting a bearish reversal. But this year I expect bitcoin to touch another ATH. So, overall this year will turn out better than 2018 that Is for sure.

don't be pessimistic with this conditon.if all crypto investors have same with you maybe bitcoin and altcoin price never recoverd.we have to believed in every single up movement could be trigger for recovery moment.personally i believed bitcoin price will rise above $6k i near future.

Pragmatism says wait. Irrational exuberance is at a high. That is when markets get crushed. Reality is this was pumped by one entity and nothing fundamentally has changed. Support after the massive fabricated pump feels like retail fomo.

[Farma]

The market is not completely recovered but we can say that we are going through it. The price just starts to rise since March and we can say that its too early to declare that we had already recover our losses from the negatives the market brought to us. We can still for months to tell its status.

well, of course that is uncertain. it is an unstable thing. maybe the crytpo price will go down again. but, in a few days, the price will rise again. no one knows when the price of bitcoin, and altcoin really has a stable price. as long as it's not stable, I don't think there is a limit to recovery.

[marcous]

Today, bitcoin is starting to move up, but I don't think there has been a significant recovery in prices. a lot of speculation because moment halving day is getting closer. I think this is one of the factors that many people are starting to return to the crypto space.

[Wexlike]

Today, bitcoin is starting to move up, but I don't think there has been a significant recovery in prices. a lot of speculation because moment halving day is getting closer. I think this is one of the factors that many people are starting to return to the crypto space.

Even as a permabull I agree, we're so close and may be at our initial test of the upper 5k-6k range. I'm fighting fomo hard on some of these alt pull backs even though I'm confident we will get another opp to buy BTC in the 4ks. Let's see.

[ipanks]

Today, bitcoin is starting to move up, but I don't think there has been a significant recovery in prices. a lot of speculation because moment halving day is getting closer. I think this is one of the factors that many people are starting to return to the crypto space.

We need to be patient for more because it is hard to say that the market is completely recovered. Besides that, if you analyze on every coin, they are still moving from up, down, and up again and it's happening in many times. So maybe we are difficult to detect which coins that will increase later because bitcoin itself still moving to many levels of the price. The altcoin will following bitcoin price too, and that is why we cannot always found the right altcoin to trade.

[Bardman]

I would say so, this was the first time in 1 year and a half that we broke the weekly trend, we previously had weeks of bullish action just to create another leg down but this time we were actually able to break the weekly trend and quite convincingly too with a good amount of follow through from bitcoin and other cryptos, in fact litecoin has been suffering a bit lately but the others are still really bullish. In my opinion this is the start of the recovery, not necessarily a bull run since those happen rarely but rather just steady bullish action. I'm confident this whole year can be really bullish and bitcoin can make steady gains each month, we might even touch 8-9k if things go well, obviously FUD and other important news will have an effect, however I think, lately, the market doesn't care as much about FUD or news which is really good, finally cryptos can  really act like decentralized coins.

Also Binance Coin and Binance are honestly helping quite a bit, the constant good news and BNB achieving all time highs during this period really gives others hope, their launchpads were also quite successful and it also shows the interest in cryptos is still there, I mean they were sold in minutes, even seconds.

[Wexlike]

Today, bitcoin is starting to move up, but I don't think there has been a significant recovery in prices. a lot of speculation because moment halving day is getting closer. I think this is one of the factors that many people are starting to return to the crypto space.

This was a very similar situation that we faced at the 4130 resistance area . If another short squeeze takes place (which can happen out of nowhere) price can easily see 6K which presents the next obstacle for this market. The fact that the general consensus is extremely bearish further adds to the argument in favor of higher prices rather than a deep retrace. The crowd is usually wrong (which is the foundation of most forex broker's business models).

In summary, there are NO absolutes in market timing. Good technical analysis presents possibilities and probabilities, not precision. And good perspective comes from considering variables that are not visible on a chart. Without this basic understanding of market mechanics, it is very easy to be conditioned by the irrational sentiment of the herd. Our objective is to detect structural changes around potential turning points in order to get a read on how likely forced order flow is to come next (short squeeze or long liquidations). And at the moment, AS LONG AS price can stay above the 4930 level, the chances of squeezing to 6K are still a reasonable possibility, even in the face of a major resistance zone (yes it is confusing and conflicting, but that is the market).

[prtty2gal2]

The market is not completely recovered but we can say that we are going through it. The price just starts to rise since March and we can say that its too early to declare that we had already recover our losses from the negatives the market brought to us. We can still for months to tell its status.

well, of course that is uncertain. it is an unstable thing. maybe the crytpo price will go down again. but, in a few days, the price will rise again. no one knows when the price of bitcoin, and altcoin really has a stable price. as long as it's not stable, I don't think there is a limit to recovery.

I know that we are all tensed and agitating for bitcoin price increase, we should not worry, it will come, we need to apply the patience of people that invested from the time BTC was invested and had to wait for years for the result to come, and when the result came, what happened? It compensated them with what 100 years of their savings in bank would not have done.

Profit will come and money will come, but let us leave those aside now and think further on what we can do to quickly make the price of BTC rise up very fast, and I am talking about fundamental factors. Some are already lined up, but we need to encourage for more.

[alisafidel58]

The market is not completely recovered but we can say that we are going through it. The price just starts to rise since March and we can say that its too early to declare that we had already recover our losses from the negatives the market brought to us. We can still for months to tell its status.

I think that the market has recovered "gradually". I didn't have any losses with the bearish market way back a few months ago. You only end up losing if you don't make the right decision in the market. I enjoyed the bearish market but now I'm enjoying it more since I have been profiting from the recent price increase.

[Siren]

Well I don’t wanna be a victim of price manipulation again so i will only go with the market flow as we are now heading to $5,600 bitcoin value and many altcoins are following the rally

I have been failing for couple of times in 2018 when lots of speculations coming weeks after weeks that the price are pumping Because the prices are greening but after a while the bloody will cover the whole market again.so for me i will still hold and will take a patient for the whole year of 2019

[Sanitough]

The market is not completely recovered but we can say that we are going through it. The price just starts to rise since March and we can say that its too early to declare that we had already recover our losses from the negatives the market brought to us. We can still for months to tell its status.

I think that the market has recovered "gradually". I didn't have any losses with the bearish market way back a few months ago. You only end up losing if you don't make the right decision in the market. I enjoyed the bearish market but now I'm enjoying it more since I have been profiting from the recent price increase.

That's what I like to see, a gradual recovery is good as it provide some kind of stability.
In my own view of the price movement of bitcoin, I can say it's stable, the pump and dump was not seen anymore and it's been a month that it's climbing up.

[klaaas]

Pragmatism says wait. Irrational exuberance is at a high. That is when markets get crushed. Reality is this was pumped by one entity and nothing fundamentally has changed. Support after the massive fabricated pump feels like retail fomo.

Maybe that would hold on the latest event but on a long time span those events will be desirable to get the positive mindset up but wont reflect on the charts. Recovery is taking place and i agree it is just started and is still on a thin line to burst or break with the price.

[STT]

Its giving alot of people a reason to look with indications like this but I'm still going to argue its part of the process and I'll probably keep believing that for the whole of this year.    People will get upset that it doesnt go from 5500 upto 10000 in a straight line but I dont see how it can just ignore just how many times we have used the 6000 area as support previously in 2018.    Thats alot of buyers in that area and now I think they are potential sellers just because people decide to use that BTC they had stored and not keep it, every day there are some and now there will be more that we enter this area.

[radjie]

The market is not completely recovered but we can say that we are going through it. The price just starts to rise since March and we can say that its too early to declare that we had already recover our losses from the negatives the market brought to us. We can still for months to tell its status.

well, of course that is uncertain. it is an unstable thing. maybe the crytpo price will go down again. but, in a few days, the price will rise again. no one knows when the price of bitcoin, and altcoin really has a stable price. as long as it's not stable, I don't think there is a limit to recovery.

if the movement of the bitcoin price does not decrease and is at the price of $ 5400 during this week, then it shows that we will enter a bullish trend, and there is a possibility that the price movement will experience a slight increase.

[KennyR]

The market is not completely recovered but we can say that we are going through it. The price just starts to rise since March and we can say that its too early to declare that we had already recover our losses from the negatives the market brought to us. We can still for months to tell its status.

well, of course that is uncertain. it is an unstable thing. maybe the crytpo price will go down again. but, in a few days, the price will rise again. no one knows when the price of bitcoin, and altcoin really has a stable price. as long as it's not stable, I don't think there is a limit to recovery.

if the movement of the bitcoin price does not decrease and is at the price of $ 5400 during this week, then it shows that we will enter a bullish trend, and there is a possibility that the price movement will experience a slight increase.

Comparatively we're experiencing good growth even when the market keeps fluctuating. The market has reached above $5600, and this growth will truly create a continued price rally. The price movement will soon move with large variation tending to reach $6000 as good support is being gained.

[DeathAngel]

I think we’ve definitely seen the worst now as we transition into the new bull market. It’s going to be a slow upwards curve though. Still lots of time for accumulation.

[Umkar]

I think we’ve definitely seen the worst now as we transition into the new bull market. It’s going to be a slow upwards curve though. Still lots of time for accumulation.

If we talk about investing, then yes, there is still a lot of time to accumulate, because this bullish trend is not as active as it was in 2017. I am trying to stick to this strategy now. Nevertheless, every rise in Bitcoin price gives way to a slight drop, after which the price goes even higher than it was before.

[--DarkSecrets--]

What is the reason for the recent bullrun? Was there any news because I didn't hear of anything or did a big whale invest?

Well, i think its because of the recent good news in bitcoin about 3k was the bottom followed by several big news. In this pump i cannot say it was a bull run we have many things to be seen and prove that we have seen the bottom. Still a lot more events i wanna see and this pumps is maybe good for alts to breath before the next run down that can occur.