Serco
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April 20, 2019, 08:50:08 AM |
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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.
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carlisle1
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April 20, 2019, 09:37:53 AM |
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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? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) 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
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olumyd
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April 20, 2019, 02:08:48 PM |
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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.
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akela04
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April 20, 2019, 06:32:37 PM |
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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.
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Wexlike
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April 20, 2019, 06:42:45 PM |
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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.
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Omega Weapon
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April 21, 2019, 04:53:45 PM |
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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.
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bitcoindusts
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April 21, 2019, 05:45:22 PM |
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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.
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btc_angela
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April 22, 2019, 06:12:38 AM |
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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.
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Insanity
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April 22, 2019, 07:41:34 AM |
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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.
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Oasisman
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April 22, 2019, 08:02:40 AM |
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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.
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kentrolla
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April 22, 2019, 08:58:30 AM |
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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.
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shimbark123
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April 22, 2019, 09:09:24 AM |
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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.
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onrise
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April 22, 2019, 10:12:43 AM |
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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.
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serjent05
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April 22, 2019, 10:21:36 AM |
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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=uYdk9cWrtOUhttps://www.youtube.com/watch?v=RfzTShOuBuYhttps://www.youtube.com/watch?v=Kgr-3QjpEXQbut 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.
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barota
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April 22, 2019, 11:09:16 AM |
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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
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aysg76
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April 22, 2019, 11:46:58 AM |
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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...
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goaldigger
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April 22, 2019, 11:50:32 AM |
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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.
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Murat
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April 22, 2019, 11:59:16 AM |
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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.
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Wexlike
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April 22, 2019, 12:05:18 PM |
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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.
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Farma
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April 22, 2019, 01:23:37 PM |
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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.
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