Has the market completely recovered

[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.

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[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.