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Author Topic: A positive month for traders  (Read 213 times)
dothebeats
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April 03, 2019, 06:29:27 PM
 #21

It is indeed a positive and a very unexpected month for cryptocurrencies and traders. I have seen the volume rising up since the last week of February yet I don't expect it to be bringing in such an early bullish movement this April. No organic positive news had been around for months now that could have triggered such a show, yet here we are, seeing the price go from $4700 to $5100 and it seems like there's no stopping it for the meantime. I'm into the notion that there would be a steep fall awaiting for us all, but that seems to be out of the question now considering that everyone is on full-bullish mode.

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April 03, 2019, 06:59:17 PM
 #22

Read some of the news that it's due to one whale who bought a lot of bitcoin.

He already started it out.

We've been waiting for this moment and people have mixed emotion on what happened. Some are worried but as long as we see this trend, we love to see more of it. Bitcoin $5,152 ATM.



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Rainbot
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April 03, 2019, 07:26:25 PM
 #23

It is already positive, seems like it must be a great month to have always. I think the peak will be $6500 by end of this month and that kind of makes me think hitting 5 digits will not be a waiting for too long as it might be possible within this 2nd quarter of year.

The price is now above $5k ever since last November and we will see it break that level easily if it doesn't go down again. From now on the only options bitcoin has is going back to $4k levels or it will break that $5.5k level because the resistance is so much less there, it required more money to break that 4200 levels and since we broke it it is now easier to go all the way to 6.5 thousands without too much resistance, there is still some but not too big so we can definitely manage to find a way to do it.
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April 03, 2019, 07:39:59 PM
 #24

So happy to see so many coins showing a positive rise on Coinmarket else for the past 6-8 months, I've barely seen this trend and my coins have dropped from $10 to $0.01. After being below $4000 since November, it rose to $5000 in April after 5 months and with that the price of ETH also has increased. Is there any reason for this rise or it's just market correction?
Previous month which is march has been a very positive month for all of us traders, and most of the coins we are holding showed positive signs and we hope for April to bring forth more positive results which we have already started experiencing few days ago, Bitcoin has really witnessed a tremendous increase we can probably relate to a bull run but the reason for this is still yet unknown, it could be a correction and it could be that the semi bull run is over and we are going on a full blown bull.

Some attributed it to ETF, some attributed it to whales, while many others believe we got more investors, whatever is it that caused this effect will be known shortly.  I social media on this.

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April 03, 2019, 07:40:24 PM
 #25

A great month for HODLERS. I imagine many traders probably got rekd though shorting Cheesy
This, the ones that are really getting profits now are those that knew that we have reached the bottom and got bitcoin at a very cheap price, just think about it if you bought bitcoin for 3500 dollars and you sold it now for 5000 you will get 42% profits for each bitcoin that you bought and the best part is that you only needed to wait for a few months to see those kind of profits, an investor capable of doing that process several times will probably become rich in just a few years getting in and out of the market at the right time.

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April 03, 2019, 08:10:16 PM
 #26

Only 2 days, I would prefer to wait more days to confirm the trend. Maybe by Friday, the value will decrease as if nothing happened. Hopefully, it invigorates the market and stimulates investors, old and news.
Still, nobody knows what happened

I've been waiting for news also about what happened. I thought it was about the bitcoin halving scheduled next year. But it seems too early to say so.
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