Crypto Market ‘Bullish’ in Wake of Bitcoin’s 20% Surge

[FFrankie]

It looks like bitcoin has always followed the same price trend, for bitcoin to end lower than it started this calendar year it would break every past trend. So to me it is always gonna be bullish for this year at least

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[A L I E N]

even though most of the indicators are showing positive with the new update from bitfinex and tether investigation  we may expect bitcoin prices may come down to 4500 dollars thereafter again accumulate and price pump

Gosh, I hope, it will not happen so soon. My relatives decided to join us. They entered the crypto market this year. Now, we are all watching Bitcoin progress and waiting when it can grow.

[Google+]

even though most of the indicators are showing positive with the new update from bitfinex and tether investigation  we may expect bitcoin prices may come down to 4500 dollars thereafter again accumulate and price pump

Gosh, I hope, it will not happen so soon. My relatives decided to join us. They entered the crypto market this year. Now, we are all watching Bitcoin progress and waiting when it can grow.

I think your relatives are not too late because the price of bitcoin can experience an increase in prices, what you need to note for your relatives is that they must be able to keep their assets from being sold before prices rise and I suggest not using money that is important for your life which is not being used too much for trading capital to be safer and stay calm.

[Betwrong]

That is the thing about bitcoin, it all starts with just one move. If you see the price at 20k and than it moves to 18k you know its going to keep going down. If it stays at 3.5k and then doesn't move anywhere you know its not going to move anywhere. If you see it go up than you see it keep going up as well.

Basically, when bitcoin does a move to any direction, its never a small one, it keeps moving to that direction until that direction can't be sustained at all, like when going up 20k was the limit and we couldn't move beyond that, I mean we wanted to but we couldn't so this is the same, this time we will try to go as high as possible again and we will do it as much as we can afford , not just a small tiny increase, just full on big increase that all our efforts combine can help us reach.

I don't know what I personally, or people like me, can do to help Bitcoin rise, but it looks like it keeps rising, because it was $5,220 at the time you were posting, and it is $5,784 currently. If this is happening due to efforts of some people then I really grateful to them. And I don't think they are manipulators or speculators, I think they are new adopters who realized that anything below $10k is definitely a good price for buying BTC.
Thank you, guys! You will not regret your decision. In the long term you surely won't.

[Pamadar]

This year is good for the price of the product, it has so far witnessed a rise of $ 1,700 since it was priced at $ 4,000, and everyone expects that this increase will continue and this news is good

The rise of bitcoin brings back the interest of investors and traders, we can see more people to start believing back and making its move to invest
and accumulate more coins while waiting for the exact bull run to move forward and bring the entire market to its strong positions.

[fullhdpixel]

Bitcoin is in uptrend again after a short decline a day ago and compared to last year, the situation is more positive. The price of bitcoin managed to comeback after that bitfinex and usdt incident that brought down its price temporarily. This show that the bitcoin is now more resilence than before and can manage to overcome any FUDs and negative decelopments. But I believe that this sign will not lead to another ATH this year because it is still slow compared to the bullrun last 2017.

By now, I think everyone should have seen clearly that ATH this year would be impossible, bitcoin BULLS really wishes to really get it to ATH these year, but all these FUD news are just not helping the situation, but I believe they will all be overcame before the end of the year for us to see the ATH next year.

Bitcoin not setting foot on ATH this year doesn’t mean that bitcoin will remain stagnant and not appreciate, as you said, with all the tether news, bitcoin still did not dump below $5000, we will still continue on this green market till the end of the year, so it’s very much safe to invest in BTC now.

Nah, those ones just wasting their time. Posting negative news about bitcoin can't do anything, people have heard the story, a lot of people have done that and those of them that wants to invest in bitcoin now believes in it and they all knows what can happen. No matter how many times you try to say negative stuffs in order to push it off, it's still going to rise. 2017 it's already an example of that, despite everything that happened, and everyone felt like it was the worst year ever, but it turned out to be the biggest year ever in bitcoin history. Last year and this year has been seeing challenges that are similar to all that and I believe that at the end is going to end with shouts of joy.

[altcoinhunter01]

This is the star of new bull run after a long bearish trend and this market is now bullish after Bitcoin starts its upward journey. Many new investors come to this market if this surj continue and it will.

[deisik]

it is good to listen to experts, I am not saying follow their opinions, but listen to them and build on them

It is more dangerous than it seems at first sight

Any information affects your choices in subtle ways and more often than not in ways you don't expect or even suspect. Technically, this is what FUD is essentially about and depends on as it aims to change your emotional state which you can't consciously control. You read something and even if you see that it is full of crap and bullshit, it still affects you (and thus your future decisions) in ways which you may not quite like. That's why you should choose what to read and what to refrain from reading altogether. ZeroHedge posting doom and gloom 24/7 seems to be the most conspicuous example of this kind (but definitely not the only kid on the block)

[fasdorcas]

If I say that taking a step to buy in wasn't the right thing to do, then I'll be saying the wrong thing. It's really good that I took the step to buy and also had the patience till this time. The price seemed to be declining a bit this week, cause I saw when it dropped back to $5.3k, today is a different story cause it seems to be bullish to today, already at $5.6k, even close to $5.7k. Some analysis I have seen have predicted that there is going to be an increase to the rate of $6000 before the month ends and I really hope that is true.before this year ends we are likely going to see another high price indeed.

I foresee it achieving this quicker before then end of the month, it there had been  a little more forceful push on the 3rd, I am sure by now, we would have seen the $6000 value and already taking about targeting $7000 because I can see that the ATH recorded for 3rd was $5865, which is virtually very close.

It would have been very lovely if I had bought when the price dropped to even $5100 which I saw, I think that was during the tether FUD news, but couldn’t buy anymore because I already ran out of investment cash and would not want to tie down my family’s feeding money, but at any chance I get even with this price, I will still buy, because end of the year is my real target.

[sgenuine]

even though most of the indicators are showing positive with the new update from bitfinex and tether investigation  we may expect bitcoin prices may come down to 4500 dollars thereafter again accumulate and price pump

Gosh, I hope, it will not happen so soon. My relatives decided to join us. They entered the crypto market this year. Now, we are all watching Bitcoin progress and waiting when it can grow.

They made the right decision. They entered the market when the cryptocurrencies are still not expensive, but they are definitely going to grow. Probably, we will all greet bulls soon.

[Whosdaddy]

even though most of the indicators are showing positive with the new update from bitfinex and tether investigation  we may expect bitcoin prices may come down to 4500 dollars thereafter again accumulate and price pump

Gosh, I hope, it will not happen so soon. My relatives decided to join us. They entered the crypto market this year. Now, we are all watching Bitcoin progress and waiting when it can grow.

I think your relatives are not too late because the price of bitcoin can experience an increase in prices, what you need to note for your relatives is that they must be able to keep their assets from being sold before prices rise and I suggest not using money that is important for your life which is not being used too much for trading capital to be safer and stay calm.

Another thing he might let is relatives know is to fully understand the nature of the cryptocurrency market and how patience is needed, while they should not always expect too soon result from their investment.

One of the major reasons why we see lots of FUD news about Bitcoin from some investors is because they are not patient with their investment; they want to put in money today and because of the speculations they have seen in the market, cash out the next day.

Investment does not operate that way, one thing we can be certain of is that the market will grow far bigger than their investment in future, but what cannot be guaranteed is the time and year it will occur.

[jonaire99]

The growth of crypto market this year might be moderate if we compare it to bullish 2017 and bitcoin price uptrens might be slower and can't still able to break its all-time high. The surge should be continuous if the bitcoin really going to make a bullrun this year. But comparing it to last year or 2018, this year is far more better abd there are signs that market will make some significant gains this year.

[Nellayar]

Bullish! They always say this is a bullish period. But until today, I did not satisfy my investment. My ethereum turns to a doom when I left without any profits. Maybe, I just need more time to wait because ethereum will soon moving up. Bullish season is not permanent, we should make it more profitable once it will show to us.

[blockchainwriters]

market is filled up with positive news we can expect more bullish with bitcoin chart even technical indicate bitcoin may touch again previous all time high so next target for bitcoin is 13000 dollars as per some techinal analysis

[awik p]

even though most of the indicators are showing positive with the new update from bitfinex and tether investigation  we may expect bitcoin prices may come down to 4500 dollars thereafter again accumulate and price pump

Gosh, I hope, it will not happen so soon. My relatives decided to join us. They entered the crypto market this year. Now, we are all watching Bitcoin progress and waiting when it can grow.

I think your relatives are not too late because the price of bitcoin can experience an increase in prices, what you need to note for your relatives is that they must be able to keep their assets from being sold before prices rise and I suggest not using money that is important for your life which is not being used too much for trading capital to be safer and stay calm.

Another thing he might let is relatives know is to fully understand the nature of the cryptocurrency market and how patience is needed, while they should not always expect too soon result from their investment.

One of the major reasons why we see lots of FUD news about Bitcoin from some investors is because they are not patient with their investment; they want to put in money today and because of the speculations they have seen in the market, cash out the next day.

Investment does not operate that way, one thing we can be certain of is that the market will grow far bigger than their investment in future, but what cannot be guaranteed is the time and year it will occur.

psychological traders greatly influence the market of cryptocurrency. when the price is in a resistance area, of course there will be many traders who release their assets, and buy back when the price corrects.

[TravelMug]

market is filled up with positive news we can expect more bullish with bitcoin chart even technical indicate bitcoin may touch again previous all time high so next target for bitcoin is 13000 dollars as per some techinal analysis

There's one negative news last week though, it's about the Indian government trying to ban bitcoin. I don't know if this is just FUD, but it looks like it affected the price recently at it slide ~ $8k in the last couple of days.

But I'm still very bullish though, I'm still expecting that this month we still be a good month and could probably hit around the $9k levels once more.

[sana54210]

even though most of the indicators are showing positive with the new update from bitfinex and tether investigation  we may expect bitcoin prices may come down to 4500 dollars thereafter again accumulate and price pump

Gosh, I hope, it will not happen so soon. My relatives decided to join us. They entered the crypto market this year. Now, we are all watching Bitcoin progress and waiting when it can grow.

I think your relatives are not too late because the price of bitcoin can experience an increase in prices, what you need to note for your relatives is that they must be able to keep their assets from being sold before prices rise and I suggest not using money that is important for your life which is not being used too much for trading capital to be safer and stay calm.

Another thing he might let is relatives know is to fully understand the nature of the cryptocurrency market and how patience is needed, while they should not always expect too soon result from their investment.

One of the major reasons why we see lots of FUD news about Bitcoin from some investors is because they are not patient with their investment; they want to put in money today and because of the speculations they have seen in the market, cash out the next day.

Investment does not operate that way, one thing we can be certain of is that the market will grow far bigger than their investment in future, but what cannot be guaranteed is the time and year it will occur.

psychological traders greatly influence the market of cryptocurrency. when the price is in a resistance area, of course there will be many traders who release their assets, and buy back when the price corrects.

I do this a lot too, and which is why I don’t panic anytime I see price correction because I know that most traderspractices this and trader really have very great influence on the market, they are the ones that mostly move in money in and out of the market, and it is not every time that it’s a whale that causes this.

We have very big time traders that trades with huge amount of money, I remember recently I saw where an op posted an information about a whale moving up to 25,000 BTC out of an exchange and they think it could be whale which I laughed, many people don’t believe we have traders that trades with such he amount of money.

[redsun114]

And after the small bull trend, the market still returned to a lower state and is now struggling to get passed the rate $8000. Recently it had managed to reach $7977 and has remained stable at that rate without making any move to cross the $8000 rate. So what's going to be next this time around? Is it going to drop back to $7000 and start all over again to climb the ladder or is it going to cross this rate? Investors are finding it difficult to break this particular resistance level. I believe that if the price gets to pass the next resistance level, then there is going to be a sharp upward trend.

[Suslura]

I think that the state of the cryptocurrency market, as well as Bitcoin pricing will depend not only on market speculators, but also on real investors.  If Bitcoin is interested in Big Business, then it really improves the performance even before the end of this year, if forecasts of relatively heavy industry and the stock market get better. 

[wahyu wida]

And after the small bull trend, the market still returned to a lower state and is now struggling to get passed the rate $8000. Recently it had managed to reach $7977 and has remained stable at that rate without making any move to cross the $8000 rate. So what's going to be next this time around? Is it going to drop back to $7000 and start all over again to climb the ladder or is it going to cross this rate? Investors are finding it difficult to break this particular resistance level. I believe that if the price gets to pass the next resistance level, then there is going to be a sharp upward trend.

the point of resistance is indeed a psychological area for traders. in that position, of course, traders are faced with two psychological choices. whether to keep buying to break resistance or sell it assuming that many traders sell it too. therefore it is necessary to look at a larger time frame