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Author Topic: Everyone now seems excited after bitcoin reaching to almost 5k Usd.  (Read 13520 times)
akamit
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April 05, 2019, 09:06:07 PM
 #61

I was surprised honestly that a sudden "pump" happen after a long dominance of the bear.

Although I don't expected it to truly goes upward without any obstacles. I didn't even expected it as bullish run since it's too early to state it. Want to see what will happen next before considering the recent price increase as bullish.

More importantly, this pump spoiled most of the speculation that bitcoin price will hit it's low @ $2,000+. Well then, we all don't know what will happen next so just be ready on whatever scenarios.
It seems that bitcoin has strong support in $4800-$5000 range last 2 days.
In my opinion, if it hodls there for a few days then we may see a new high, if not then probably the price will fall to $4200-$4400 range.

This is my prediction, let's see what happens.  Cheesy
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April 06, 2019, 10:37:19 AM
 #62

I was happy to see that bitcoin has made a good market price pump up. This is what investors are looking at and hoping that it will going to continue on having this kind of movement. Mind you that it will just take a few months tp get an ATH once again with bitcoin.

Who among you here feels the same way after seeing the recent good news with bitcoin market price increase?
Happiness is only for people who are holders of Bitcoin in my opinion because it is a disadvantage for those who are just coming into crypto currency market at this point that the market has move from around $3000 to now above $4900.

It's not a disadvantage dude. If you really are determined to hold bitcoin, 5k is still a very good entry point. There's not much difference from the price a week ago. If you're looking long term, 5k is still a very cheap price to get in.

 
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April 06, 2019, 10:49:48 AM
 #63

It reached the 5k USD but still not a continuing growth. I think this is not a bull run. It's just a trend in which it goes up because of the 7000 BTC orders in three exchanges. But, if you will base on the news on what's happening on twitter, they say that this is just the beginning.
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April 06, 2019, 11:49:55 AM
 #64

It reached this price because of the big pump, and I think it will stay here as it's stable price.

I haven't seen this pump for awhile so I am very excited about what happen, it has not dump yet and therefore I strongly believe we are going to witness a next increase of price. I am very optimistic and I'm thinking $10,000 is doable for the first half of the year.

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April 06, 2019, 12:01:52 PM
 #65

It reached the 5k USD but still not a continuing growth. I think this is not a bull run. It's just a trend in which it goes up because of the 7000 BTC orders in three exchanges. But, if you will base on the news on what's happening on twitter, they say that this is just the beginning.

Currently I don't believe in a new bull run either, but I was surprised by the rise in prices. I thought it would take even longer for it to happen. Nevertheless I am glad about the fact that the prices also rose again times. The eternal downward trend has not been beautiful.  Wink
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April 06, 2019, 03:25:11 PM
 #66

I was happy to see that bitcoin has made a good market price pump up. This is what investors are looking at and hoping that it will going to continue on having this kind of movement. Mind you that it will just take a few months tp get an ATH once again with bitcoin.

Who among you here feels the same way after seeing the recent good news with bitcoin market price increase?

LOL Bitcon price will not go to old ATH in few months. That will not happen in 2019 and most likely not even in 2020. Mid 2021 is most possible date for that on my opinion.

I'm not sure on what basis you've concluded that the price will grow reaching the previous all time high by 2021. From my view what we have been experiencing is the positive price trend, and it is the initial level of growth for the upcoming halving which is scheduled to take place by the middle of the year 2020. By that time it is hard to provide steep rise, and to that now onwards can expect gradual growth of bitcoin.

Just what happened in last 2 cycles. Copy/paste projection to this cycle. Of course I can miss months or even quarters. But I expect fro my prediction to be correct and fulfill.  

Gradual growth of Bitcoin will start in few months time. But this growth will really be gradual. Hype will start only in 2021 after we reach $20k Bitcoin.
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April 06, 2019, 05:59:24 PM
 #67

I was happy to see that bitcoin has made a good market price pump up. This is what investors are looking at and hoping that it will going to continue on having this kind of movement. Mind you that it will just take a few months tp get an ATH once again with bitcoin.

Who among you here feels the same way after seeing the recent good news with bitcoin market price increase?
We are all happy the see Bitcoin in this kind of trend again because we saw this type in the year 2017 so would one not be Happy about the market increase for it is good to have money coming into your wallet or bank account for those who use to convert theirs to faith currency.
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April 06, 2019, 07:10:50 PM
 #68

I was happy to see that bitcoin has made a good market price pump up. This is what investors are looking at and hoping that it will going to continue on having this kind of movement. Mind you that it will just take a few months tp get an ATH once again with bitcoin.

Who among you here feels the same way after seeing the recent good news with bitcoin market price increase?

LOL Bitcon price will not go to old ATH in few months. That will not happen in 2019 and most likely not even in 2020. Mid 2021 is most possible date for that on my opinion.

I'm not sure on what basis you've concluded that the price will grow reaching the previous all time high by 2021. From my view what we have been experiencing is the positive price trend, and it is the initial level of growth for the upcoming halving which is scheduled to take place by the middle of the year 2020. By that time it is hard to provide steep rise, and to that now onwards can expect gradual growth of bitcoin.

Just what happened in last 2 cycles. Copy/paste projection to this cycle. Of course I can miss months or even quarters. But I expect fro my prediction to be correct and fulfill.  

Gradual growth of Bitcoin will start in few months time. But this growth will really be gradual. Hype will start only in 2021 after we reach $20k Bitcoin.
Would prefer the gradual way rather than seeing again some hard pumps but gradual increase doesn't guaranteed on not to have a sudden dump.
All do still have the possibility or tendency on fast decline but we can preferably say that established or strong foundation
cant really make the price dump hard again to those low levels.We are holding on a better level price as of this moment and heading for recovery.
Everyone is happy to see that no doubt.

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April 06, 2019, 07:51:07 PM
 #69

I was happy to see that bitcoin has made a good market price pump up. This is what investors are looking at and hoping that it will going to continue on having this kind of movement. Mind you that it will just take a few months tp get an ATH once again with bitcoin.

Who among you here feels the same way after seeing the recent good news with bitcoin market price increase?
We are all happy the see Bitcoin in this kind of trend again because we saw this type in the year 2017 so would one not be Happy about the market increase for it is good to have money coming into your wallet or bank account for those who use to convert theirs to faith currency.

It's good to have positive vibe, that is true, but don't get too excited. It's still too early to call current price correction a trend and it's hard to predict if it will last. But it's good opportunity for trading so make a profit while you can.

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April 06, 2019, 07:58:47 PM
 #70

Dont know who is so excited of 5k usd. I will be exitid wheb the price will return to January 2018

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akamit
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April 06, 2019, 08:15:50 PM
 #71

Dont know who is so excited of 5k usd. I will be exitid wheb the price will return to January 2018

Dec-2018 to Jan-2019 the price was around 3100$-3300$ afair and now the price has increased by almost $2000. Don't you see the excitement?
If you want the price of January 2018 then your excitement will come after a long time. Maybe by or after 2020!
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April 06, 2019, 08:21:29 PM
 #72

Dont know who is so excited of 5k usd. I will be exitid wheb the price will return to January 2018

Dec-2018 to Jan-2019 the price was around 3100$-3300$ afair and now the price has increased by almost $2000. Don't you see the excitement?
If you want the price of January 2018 then your excitement will come after a long time. Maybe by or after 2020!


2000 usd price increase doesnt excite me, because I know that it could be 20k.
The whole situations is still sad.

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April 06, 2019, 08:22:24 PM
 #73

Mind you that it will just take a few months tp get an ATH once again with bitcoin.
Who among you here feels the same way after seeing the recent good news with bitcoin market price increase?
If you are analysing the pump in price in the past and if you incorporate those rallies and compare it with the present situation, you will not get much data regarding it as the market itself is less than ten years old and hence we cannot come up with a conclusion on how the market will react by looking at the past market situation. I am not expecting any big rallies at this time, but we might see these kind of spikes in price.
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April 06, 2019, 09:40:47 PM
 #74

Dont know who is so excited of 5k usd. I will be exitid wheb the price will return to January 2018
Yeah, that is just a $5k but after a long wait, you get to see the price on uptrend again, of course you'll get excited again because you think the bearish run seems over and the price is now back on uptrend. It's not about how high the price but it's the situation, breaking the barrier, etc.
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April 06, 2019, 11:26:31 PM
 #75

I was happy to see that bitcoin has made a good market price pump up. This is what investors are looking at and hoping that it will going to continue on having this kind of movement. Mind you that it will just take a few months tp get an ATH once again with bitcoin.

Who among you here feels the same way after seeing the recent good news with bitcoin market price increase?
I'm happy to see the market like this but of course we can't  aside to think that there's some scared to bull trap. Let's still observe the market how it goes. But of course I want to see the new ATH.

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April 06, 2019, 11:57:18 PM
 #76

I dont want to hear the words 'everyone'      All people on one side of the boat is not a stable situation, we need at least some in doubt and that might be the case.   I'm thinking a pull back is going to be bullish because it restores that balance to the price.
Ironic but shake some weak longs, weak hands into a bit of a sell and then it might get closer to 6k in an orderly way

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April 07, 2019, 04:48:21 PM
 #77

It becomes normal when the price of bitcoin moves higher and makes people more eager to make a profit, it becomes a positive condition to make investors come to crypto.

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April 07, 2019, 05:08:40 PM
 #78

The price reaching above $5k is truly an excitement, but how long this excitement continues is a big thing. Now the price has been stabilizing without much growth over the last few days of time. Possibly this time further price predictions have come stating that the price will reach the next price barrier of $6000 before the ongoing month end.

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April 07, 2019, 07:22:47 PM
 #79

Mind you that it will just take a few months tp get an ATH once again with bitcoin.
Who among you here feels the same way after seeing the recent good news with bitcoin market price increase?
If you are analysing the pump in price in the past and if you incorporate those rallies and compare it with the present situation, you will not get much data regarding it as the market itself is less than ten years old and hence we cannot come up with a conclusion on how the market will react by looking at the past market situation. I am not expecting any big rallies at this time, but we might see these kind of spikes in price.

The truth is the past is all we've got. It's the only leverage to hold on to since like you said its less than a decade. But if anything the op's right about being happy about the recent pump. Still, I would have preferred a long term steady rise to give the rouse of a mimicking of the capital market, that might build more trust.
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April 07, 2019, 07:53:45 PM
 #80

Excited because the market was boring for months and no new positive signal. I don't know if we can say that the bear trend is currently finished, I prefer to wait a few more days. Also, the last time Bitcoin did the same, it fell even lower than what we already thought was the bottom limit. So better to take this recent rise with a grain of salt.

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