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

[1BTC EQUALS 1CAR]

It's now on the $5k mark and I'm still surprised until now. When we look back, we can hardly reach or stay in $4k in many weeks and it just goes back and forth in $3,9k for most of the time. But now, in less than a week a $1k growth has happened. It feels like 2017 and I hope the bulls won't stop until it pass $10k again.

[TheCoinGrabber]

Don't rejoice yet. We're still not sure how long they'll keep this up and up to what price. Maybe they just want some modest profit and then let it crash? We can never tell what that guy who made those transactions is thinking.

[freedomgo]

Don't rejoice yet. We're still not sure how long they'll keep this up and up to what price. Maybe they just want some modest profit and then let it crash? We can never tell what that guy who made those transactions is thinking.

There's time to rejoice and this is the time.
If this will fall back again, then we will have no time to rejoice... Market movement is very unpredictable, rejoice when it's bullish as we can trigger the sell that time, or we can also rejoice when bearish because we can put a huge buy order that time, it's being smart, knowing what to do in certain situation.

[TelolettOm]

We all still wait patiently for bitcoin to grow, where we all have high hopes that the price of Bitcoin will be able to rise again, hopefully the price of bitcoin can rise to be able to provide big profits for holders exceeding USD 5k

[Disaster435]

I bet, this is a false bull signal, and after a retracement, accumulation will continue to happen under 5k .

[Idrisu]

As at yesterday bitcoin cross $5000 and it went as high as $5050 and currently trying to make some corrections before another bullish trend.  I am happy as I was able to sell some units of my holding yesterday and take some profits in other to buy when it push back a little.

[fasdorcas]

Don't rejoice yet. We're still not sure how long they'll keep this up and up to what price. Maybe they just want some modest profit and then let it crash? We can never tell what that guy who made those transactions is thinking.

I think you're right but the price has really gone above what people thought it would have stopped at, so don't you think it's really going for a Bull run or you still think that the price is going fall ? If there' happens to be just a little pullback, then that we are really going for the uptrend. Nobody can really tell what made the price skyrocket 20% this April, but everyone is speculating that either a trader has invested a huge amount or maybe a group of traders are behind it.

Whenever supply meets demand, the price stays stable. But when there is higher demand, the price will start to increase. So I believe that more people are beginning to get into buying Bitcoin and that's what's making the price to rise. The bulls are also getting ready, and within a short time the main bull run will start and the price will go higher than what it is now.

[Yamifoud]

Too much excited but not confident enough to see a huge inclining moment at this time. Bitcoin almost touching the tail of $5k and it is quite amazing thing it happen today. Seeing the market rallying good, we can feel a little bit twist with the market direction and it looks like we could surpass for $6k before the end of 2nd quarter. I'm just an optimistic person and I know more people are expecting to much than me.

[el kaka22]

We have finally moved beyond 5k, that was a significant and important message to bears and shorters because now that we are above 5k I do not think we will ever go back down under 4k, whenever we were above 4k it was always a trouble and we were too close to under 4k or even the bottom price so it was definitely a risk, now that we are above 5k I think all those are gone, the furthest we can drop from now on is still above 4k if you ask me, that means the people who bought from 3-4k range all profiting right now if they are selling.

We are moving to more difficulty on miners as well because the price made it possible to mine as well. I think we just need to make sure we keep the hype going and hit that 6k because if we do that I am sure the rest will come and it would be easier to beat 20k.

[Fredomago]

Too much excited but not confident enough to see a huge inclining moment at this time. Bitcoin almost touching the tail of $5k and it is quite amazing thing it happen today. Seeing the market rallying good, we can feel a little bit twist with the market direction and it looks like we could surpass for $6k before the end of 2nd quarter. I'm just an optimistic person and I know more people are expecting to much than me.

Not bad if each month we'll be able to break another barrier and stand with it, the rise still unclear but its been moving forward so being optimistic and target much higher value is not an issue here, we can expect good movement along with those pumped, still good to hope and patiently waiting for more bull to be more stronger and reverse back this trend.

[tomahawk9]

I bet, this is a false bull signal, and after a retracement, accumulation will continue to happen under 5k .

I'm pretty sure the accumulation period is over after that long bear market and the 'boring phase' that hit the market over the past 3 and half months.

I am expecting that this price will correct, moving up is good but a healthy correction is necessary to ensure this will be a consistent increase.

There was a dump from 5.3k to almost 4.8k, it wasn't a correction, looks more like someone wanted to take some profits, but I'm glad there was a stop to the massive spike in the prices, it wasn't going to be sustainable and the actual correction could've hit us really hard.

I wouldn't mind if we consolidate around the current prices, 5k looks like it could be a great support level if we want to test 5.3k again

[CTRLX]

A short bull run in Bitcoin, this year the Bitcoin price was over $ 5,000 for the first time and now a correction is normal. I think, this fast rise showed us that for long term investors Bitcoin is still the best option.

[sulendra12]

It'a almost there, even though in few hours ago it was already $5k but it went down to $4.8k now. Well, at least market is looking pretty good now with this positive sign of market.

Don't rejoice yet. We're still not sure how long they'll keep this up and up to what price. Maybe they just want some modest profit and then let it crash? We can never tell what that guy who made those transactions is thinking.

Yes, you never know what would happen in this market. Especially cryptocurrency, it's unpredictable in some cases.

[Adriano2010]

We need more people to buy bitcoin and hold and not sell, and only after a bull run can start and maybe the price will reach a new ATH in medium time. Maybe in 3 months who know, but i think this grow came just is time.

[whirlcoin]

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?
 

it stuks in the middle of 4000 to 5000 Dollars from a very long period of time but this will be the chances of getting a better value from the recent days so I think the huge possibility of bull front will be available right now if it was stable development without any falling.

[khaled0111]

...
Yes, you never know what would happen in this market. Especially cryptocurrency, it's unpredictable in some cases.

It has always been unpredictable which makes following price movements interesting.
I am not that excited as there is nothing logical that can explain what made Bitcoin price surge like that.
We should always expect a sudden drop at any time.

[Aryleeto]

It's now on the $5k mark and I'm still surprised until now. When we look back, we can hardly reach or stay in $4k in many weeks and it just goes back and forth in $3,9k for most of the time. But now, in less than a week a $1k growth has happened. It feels like 2017 and I hope the bulls won't stop until it pass $10k again.

I doubt that such a rapid growth will be in 2017 , I expect that we will walk about 3800-4200 for a long time , and something can begin closer to the end of this year , and now I see a correction that will return the price back

[Palmaper]

Sometimes it scares me that the bulls are back, because experience has shown that usually only come to speculate no matter that in the end the market was hurt and with many doubts among new investors. Honestly I would prefer a more stable market with a gradual and organic growth. These waves of volatility and massive euphoria are definitely not for me, nor for any conservative investor.

[Nasty23]

...
Yes, you never know what would happen in this market. Especially cryptocurrency, it's unpredictable in some cases.

It has always been unpredictable which makes following price movements interesting.
I am not that excited as there is nothing logical that can explain what made Bitcoin price surge like that.
We should always expect a sudden drop at any time.

Yes, the market is unpredictable and there would be possibly a sudden drop after the pump as we experience it normally at the market on which giving us an opportunity to have it in low price that could be possibly going up again in a short period of time.

[karanggatak]

I think it's too fast to say this is the beginning of a bull run. because the increase experienced by bitcoin was only 17% and bitcoin had experienced a decline even though only a few percent. and now the value of bitcoin is in the range of $ 4500 - $ 5000. maybe if bitcoin has gone up at a price of $ 10,000 continuously we can say bull run. Let's wait, hopefully this year will be a good year for Bitcoin.