The bulls are back, bitcoin on the way to $5k

[cybersofts]

The bulls are back. Who is watching the live action with me?
The cryptocurrency market added over $20 billion in market capitalization in the last 24 hours.
This is the biggest bull run we've seen since 2017. Do you think the market will hold or this is just another artificial pump?
 

[creeps]

Its too early to say that it's a bull run, instead of exaggerating the situation better to focus on the price movement of bitcoin. We still need to have more good price movement before we finally say its a bull run. I'm not watching live but I'm more focus on today's trend whether it will continue to grow or we will see a short dump. We've been waiting for this up trend, let's be optimist for the price.

[jakelyson]

I will give it a week and see if it holds or see if it breaks 5,500 and no dump is happening. The last time we saw a bull ran, it shoots from 5000 to 20K. This could be the same as well.

[passwordnow]

The bulls are back. Who is watching the live action with me?
The cryptocurrency market added over $20 billion in market capitalization in the last 24 hours.

I don't watch the market lively but I check it from time to time. I usually check the market cap and if it looks another amount has been ended, that makes me like this;  

This is the biggest bull run we've seen since 2017. Do you think the market will hold or this is just another artificial pump?

Yeah, we have missed this kind of run and it's going $5,000 and for some other exchanges it has already hit that note. I don't wish that this is just another artificial pump but most of the pump doesn't lasts. If the market moves slowly and gradually, we are very happy with that but when the market pumps like crazy, we're becoming worried.

[Kemarit]

The bulls are back. Who is watching the live action with me?

I'm watching in this side of the globe, (morning here  )

The cryptocurrency market added over $20 billion in market capitalization in the last 24 hours.

More likely 24 Billion now.

This is the biggest bull run we've seen since 2017. Do you think the market will hold or this is just another artificial pump?
 

One of the biggest run we have, and we only see this jump in a bull session. Hard to tell at this point if this is just artificial, we are closing in the $5000 price now. If he hit it today and then sustained or at least keep it pump to $5200 then definitely, chances are it's the start of something big, so let's see how it goes.

[Jating]

It just crosses $5k already. 

I don't know, it's too early to call, but I would say that this is a bull run to me. Yes, I know we can't tell the future, but just look at the trading volumes, a good indication that many is trying to get it and join the hype train for all it's worth. Chasing $5.2k now.  . How long are we gonna take it?  I'd say give it a day or two.

[Chikito]

The bulls are back. Who is watching the live action with me?

seems good for holder 3 month ago, i am always watching live action bitcoin bull run and bearish while drinking coffe and smoking ciggarete. price on the track to $5K or more, no body know. bitcoin ended april more over and starting at 2 april to moon

[Yaunfitda]

The bulls are back. Who is watching the live action with me?

seems good for holder 3 month ago, i am always watching live action bitcoin bull run and bearish while drinking coffe and smoking ciggarete. price on the track to $5K or more, no body know. bitcoin ended april more over and starting at 2 april to moon

Me having may cigar and drinking coffee as well, good combination. 

I see that the price jumps above $5k but then slowly fell to $49++ now. But it's all good though, as holders we are really excited to see some jumps along the way and check our portfolio specially we have have bought a lot during the $3k'ish price.

We wanted to get it as high as $6k, but it looks like we need more days and more FOMO to get inside. As of now it will settle in the $49'ish until another good news or whales will push the price to the next level so exciting times ahead of all of us.

[glowing10]

I will give it a week and see if it holds or see if it breaks 5,500 and no dump is happening. The last time we saw a bull ran, it shoots from 5000 to 20K. This could be the same as well.

Will require some time to check and see if it can maintain the price above 5k as this will be a big boost and also some respite for people who had being waiting for this rise to happen Also some people had smartly made money in this zone as they had bought 4k levels and now 1k above sold to 5k.

[Bitinity]

It just crosses $5k already. 

I don't know, it's too early to call, but I would say that this is a bull run to me. Yes, I know we can't tell the future, but just look at the trading volumes, a good indication that many is trying to get it and join the hype train for all it's worth. Chasing $5.2k now.  . How long are we gonna take it?  I'd say give it a day or two.

And it is dropped again after it breaks the $5k some time ago, it was not able to break $5,100. It is obviously not yet a bull run as it is still going up and down unpredictable as usual.

[alisafidel58]

The bulls are back. Who is watching the live action with me?

If the bulls were back it should be at least at 8k minimum if they want to pump it up but the bears are resisting and can't even hold a 5k.

Do you think the market will hold or this is just another artificial pump?

I think this is just another artificial pump, maybe it can withstand at 5k.

[Virtual miner]

Talking about technical analysis point of view of Bitcoin the Weekly RSI of the this cryptocurrency has surpassed the level of 60 after 1.5 years which in general terms is considered as a sign of uptrend. RSI is a momentum indicator so yes there is some bullish momentum that has knocked on the market. But it would be wrong to entirely rely on this sign to confirm an uptrend. As the way it happened looked quite artificial.

I will give it a week and see if it holds or see if it breaks 5,500 and no dump is happening. The last time we saw a bull ran, it shoots from 5000 to 20K. This could be the same as well.

Nothing would be same as the previous one. The last bull run was merely a sign of excitement shown by new comers and retail investors but those same people now have realized that bitcoin is no magic that it can surge indefinitely so those people with try to book profits at every point possible.

[CryptoLing]

I will give it a week and see if it holds or see if it breaks 5,500 and no dump is happening. The last time we saw a bull ran, it shoots from 5000 to 20K. This could be the same as well.

Will require some time to check and see if it can maintain the price above 5k as this will be a big boost and also some respite for people who had being waiting for this rise to happen Also some people had smartly made money in this zone as they had bought 4k levels and now 1k above sold to 5k.

Yeah I agree, if we can sustain the support level in $5k for long it surely a good thing, you know some people still believe that this is a bull trap. But let see how it goes right?

[Cherylstar86]

Talking about technical analysis point of view of Bitcoin the Weekly RSI of the this cryptocurrency has surpassed the level of 60 after 1.5 years which in general terms is considered as a sign of uptrend. RSI is a momentum indicator so yes there is some bullish momentum that has knocked on the market. But it would be wrong to entirely rely on this sign to confirm an uptrend. As the way it happened looked quite artificial.

I will give it a week and see if it holds or see if it breaks 5,500 and no dump is happening. The last time we saw a bull ran, it shoots from 5000 to 20K. This could be the same as well.

Nothing would be same as the previous one. The last bull run was merely a sign of excitement shown by new comers and retail investors but those same people now have realized that bitcoin is no magic that it can surge indefinitely so those people with try to book profits at every point possible.

  By contrasting the previous bull market and the current is hard to determine on when it does appear by this 2019. And the innnovation of having a bull run is just a vision of those people who are assured on what will be the outcome of Bitcoin. Furthermore, bitcoin's price still on rapid growing so be contingent for the possible things.

[kryptqnick]

I will give it a week and see if it holds or see if it breaks 5,500 and no dump is happening. The last time we saw a bull ran, it shoots from 5000 to 20K. This could be the same as well.

We shouldn't keep our hopes that much up just yet. After all, it might be a short-term thing that will be gone before we know it. What I find promising is incredible trading volume that could support even higher prices. At the same time I have mixed feelings about it after the scandals of faking volumes.. But if that's a real thing, the market might be ready to take gradual steps forward.

[jrrsparkles]

Don't come into any conclusio too early because all these things were just happeneing less than 48 hours so it might be a bull trap too so don't get into any investment plan for now,if ou are holding the coins then it is a good scene to watch but risking your money for buying now is not a smart investment.It looks scary for me now because the bull run are expected to come on the end of this year or later yer but it is happening all of a sudden.

[dothebeats]

I'm inclined to believe that this is the first leg of an incoming bull run, as the order books in exchanges seem to be fine (or at least I think they are in the meantime) and no counter-movement from the bears are brewing, just a couple of traders trying to cash out while sell orders are being eaten at large. The huge spike happened yesterday, out of nowhere, and it began from there. I thought we would be chilling @ $4700 in the mean time but the recent push to $5100 earlier this day proved me wrong.

[n0ne]

Don't come into any conclusio too early because all these things were just happeneing less than 48 hours so it might be a bull trap too so don't get into any investment plan for now,if ou are holding the coins then it is a good scene to watch but risking your money for buying now is not a smart investment.It looks scary for me now because the bull run are expected to come on the end of this year or later yer but it is happening all of a sudden.

Anything could happen in an unexpected time period, this way the price variation could to any peak value or else can go low to any down value. Now $5000 is touched, for the same we cannot come to the conclusion on the market. As the market has reached $5000, people who missed the opportunity to invest at a lower price need more patience to buy at a lower price as there is good resistance.

[traderethereum]

I am watching the live market this day and still curious about the price, but I am sure that the price could increase higher. We are already reaching $5k before, and it's happening again. And now, the price reaches $5000 in some exchanges so the other market will follow to reach $5000 too. I hope that tomorrow, the price can go higher and who knows, the price can reach $5100

The next wall will be at $5100, and I guess that it will be tough because there will be a big wall that will hold the price to stay at below than $5100. But if there is a big demand happen in the market, then the price can increase higher. We hope so.

[0t3p0t]

I will give it a week and see if it holds or see if it breaks 5,500 and no dump is happening. The last time we saw a bull ran, it shoots from 5000 to 20K. This could be the same as well.

I think Bitcoin is back on it's way up and it could possibly be reaching unexpected prices like $10,000 or even $20,000 or more in the near future and will break another new all time high's. We all know that therre will always be ups and downs due to volatility but I know that investors want both trends depending on their desire and timing. We can tell if it really is a bull run if it will continue to skyrocket and not just another trap.  In my case I only watch my token holdings prices and of course Bitcoin as Altcoins prices depends on it.