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

[incomefromcoins]

Crypto market bullish is strong sentiment we are seeing among most of the investors we can say this type of market sentiment we saw way back in 2017 now the same positive atmosphere in cryptocurrency

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[pinoycash]

Crypto market bullish is strong sentiment we are seeing among most of the investors we can say this type of market sentiment we saw way back in 2017 now the same positive atmosphere in cryptocurrency

The amount of Good Publicity about bitcoin and cryptocurrency is a good sign that we are indeed entering to pre-bull run stage. With the price holding in $5200 level its only a matter of time before we break the $6K USD price level

[mersal]

It's already being a part in this time the wake of the bullish market will be not been far from us and the development will continuously happening only this type of things we can expect and I hopefully make the changes will always been important to made the market to 20 table.

[cryptokings2019]

I know I am being referred to as a Troll and an Idiot on the forum by you as well as TheQuin.  I am not appealing my case to you but would just like you to know through censorship you have not gotten to see the whole story.  I tried in all sincerity to resolve the issues through Freebitco.in's support site FIRST and after being completely ignored I came to this forum in an attempt to resolve a problem and became the subject of public humiliation, ridicule and name calling.  This is the post no one ever got to see through censorship and when sent to TheQuinn he used a "British Law" term for Blackmail.  He blocked my ability to respond back.

This is to all those who are referring to me and my friend Ken as an Idiot and a Troll:  Just think about this for a moment, say you deposited 5 Bitcoins which at todays price is over $25k USD with Freebitco.in, then due to threats made by another person (which would be Ken) and fake accusations of "Multi Accounting Abuse" took place.  You are locked out of your account and just lost that $25k, not to gambling, but to actual theft of the deposits.  This is exactly what took place, not the amount shown by example and on a much smaller scale.  It happened to me.  I tried in good faith to tell "TheQuin" that I was not a part of this complaint and actually had no beef with him or his site.  I asked to access my account so I could withdraw my balance and was quoted "British Law" Demanding money with menaces.  I tried to respond to his reponse and he put a block on my ability to do so.  This is a significant part of the complaint at hand, confiscation of deposits.  I have, or had 1.3 million Satoshis on deposit.  I opened the account as Ken's referral using my own cell phone and email address.  Tell me complaints are not warranted.  I did in fact witness the pre-clicking of jackpot bets between hourly claims and while it was argued to be related to his device as well as others, Freebitco.in was able to fix the issue.  Now it is stated by the owner/manager of Freebitco.in that this matter was corrected yet I have not been allowed to withdraw my balance and no adjustment was made to Kens account which was also blocked.  So he deserved to lose everything he deposited and has no ability whatsoever to try and gain what was lost and this is "Good" Business Practices and not worthy of rebuttal and should just be forgotten?  I do not think so.  I am not saying the customer is always right but NO EFFORT was made to even TRY to resolve this matter in an amicable manner.  To me and others who have an open mind fully agree with me.  If this stealing of deposits could happen on a small scale than surely it could happen on a larger scale as well.  This is all about "Ethics" where there were NONE!

[radjie]

Impressive gains but still we need to be cautious for some reasons that it could also drop sharply. It seems that more positive news are publish potentially good catalyst for bullrun probably can trigger all time high again, who knows? Everyone is expecting a good gains this year and I believe this year has a lot of potential.

price rises 20% does not mean bullish has happened, you're right we must remain cautious, prices may fall instantly.
when the highest price has come then sell, when the price will continue to rise then keep hold and buy. keep watching mate

it is fitting that we must remain vigilant after a very sharp rise in market prices can easily reverse the situation, but many people believe that this year the bitcoin price movement will increase but cannot be predicted accurately how much market price increases will occur. as much as possible we must be able to increase the investment that we have and not take actions that can be detrimental because it can easily dispose of our valuable assets, be patient and wait until the right time arrives

[btc_angela]

Crypto market bullish is strong sentiment we are seeing among most of the investors we can say this type of market sentiment we saw way back in 2017 now the same positive atmosphere in cryptocurrency

The amount of Good Publicity about bitcoin and cryptocurrency is a good sign that we are indeed entering to pre-bull run stage. With the price holding in $5200 level its only a matter of time before we break the $6K USD price level

$6K is likely the price everyone wanted to see. We have seen the price stable around that price last year, I think it was like 4 months wherein the price is around $6k-$6500. So getting to $6k will give some confidence again to the market. So let's see how the price will move, I'm positive that we can get to $6k.

[Netnox]

Crypto market bullish is strong sentiment we are seeing among most of the investors we can say this type of market sentiment we saw way back in 2017 now the same positive atmosphere in cryptocurrency

The amount of Good Publicity about bitcoin and cryptocurrency is a good sign that we are indeed entering to pre-bull run stage. With the price holding in $5200 level its only a matter of time before we break the $6K USD price level

$6K is likely the price everyone wanted to see. We have seen the price stable around that price last year, I think it was like 4 months wherein the price is around $6k-$6500. So getting to $6k will give some confidence again to the market. So let's see how the price will move, I'm positive that we can get to $6k.

Once $5K is breached, the next major resistance level is going to be $10,000 per coin. I am telling this from the trends that I observed during 2017. But reaching there obviously requires a major trigger.

[GregH37]

Impressive gains but still we need to be cautious for some reasons that it could also drop sharply. It seems that more positive news are publish potentially good catalyst for bullrun probably can trigger all time high again, who knows? Everyone is expecting a good gains this year and I believe this year has a lot of potential.

price rises 20% does not mean bullish has happened, you're right we must remain cautious, prices may fall instantly.
when the highest price has come then sell, when the price will continue to rise then keep hold and buy. keep watching mate

The whole switch button has been placed in our hands, we the users or investors, we have the freedom to choose which direction the price goes, our investment is what is really paramount here, and like you said, it is better we continue to hold and invest more in the cryptocurrency till we see the highest price.

If we continue to manipulate the market, and selling at low price or little profit that tops it, it might really take a very long time before we see the bull run, so for us to quickly see the BULL run and enjoy our investment, we need more money to remain in the market and keep climbing.

[senin]

Now, in my opinion, it cannot be said that the cryptocurrency market is neither bullish nor bearish. While there is a market with a small uptrend. We have seen that Bitcoin has recently risen to almost $ 5,600, but now it has dropped in price to about $ 5,250. Let's hope that this is just a manifestation of its usual volatility and after a while it will again at least grow as much as it behaved during April. It seems that this trend with its small growth and manifestation of volatility will continue throughout the year.
 This, of course, is better than the stagnation that we saw last year.

[Fabienne_ayy]

https://www.ccn.com/wp-content/uploads/2019/02/dow-jones-us-stock-market-bull-bear-shutterstock-680x350.jpg

Cryptocurrency prime dealer SFOX released its monthly volatility report this week, and while it is not all plain sailing for the crypto market the indicator clearly affirms that this week’s massive Bitcoin price rally was built on a firm foundation.


SFOX: Low Volatility and Rising Investment Bolster Crypto’s Bull Case

https://www.ccn.com/wp-content/uploads/2019/04/bitcoin-price-bullish-sfox-april5.jpg
The crypto market remains “mildly bullish” heading into April. | Source: SFOX

According to SFOX, the crypto market remained “mildly bullish” heading into April. In March, the main fundamentals were low volatility and increasing investment. Similar to February’s report, SFOX was encouraged by the continuing investment in cryptocurrency infrastructure despite Bitcoin’s sideways trend.

    “At the same time that crypto volatility was decreasing, reports told of major companies like Visa and Facebook investing in crypto technologies. This reinforces the narrative that the industry as a whole is continuing to mature, attracting the attention of more institutions as infrastructure improves.”

Maturity is a big deal for an asset class that wants to become a widespread medium of exchange. Of the two corporations mentioned, the involvement of Visa is possibly the most interesting. Naturally, they have the most to lose from not evolving to the threat from Bitcoin. If Visa sees applications for cryptocurrency, this is a tremendous affirmation of the “usefulness” case argument.


Reference: https://www.ccn.com/crypto-market-bullish-in-wake-of-bitcoins-20-surge

 the amount of money that continues to flow into blockchain and cryptocurrency applications is definitely encouraging.

[TheCoinGrabber]

I wonder what's taking it so long to get to 7k. I've seen some people claiming that news about Tether has encouraged sell-off across the board, hoping BTC would recover and continue its climb.

If we continue to manipulate the market, and selling at low price or little profit that tops it, it might really take a very long time before we see the bull run, so for us to quickly see the BULL run and enjoy our investment, we need more money to remain in the market and keep climbing.

Yes, there should be more money coming in than going out. I wonder if whales are still accumulating at this point or if they've already had their fill and just waiting.

[Oceat]

Impressive gains but still we need to be cautious for some reasons that it could also drop sharply. It seems that more positive news are publish potentially good catalyst for bullrun probably can trigger all time high again, who knows? Everyone is expecting a good gains this year and I believe this year has a lot of potential.

This is what I've been watching since the market is always unpredictable and everything could just happen after you sleep and you wake up. But it seems that the market is quite stable at the moment. More traders and investors are expecting the bull run to happen soon but it is not the right time yet i guess. Since next year there will be a halving of Bitcoin and everyone expected that the real bull run would occur.

For the meantime, let's not expect too much yet since there is a lot of time that the market would dramatically change as we don't expect it to happen.

[Sithara007]

Bitcoin may receive a temporary boost, as users are rushing to convert their USDT to other crypto-currencies (primarily the BTC). This is evident from the Bitcoin dominance, which has risen to almost 55% now. Another factor that is influencing the prices is the bearish momentum affecting both BSV and BCH after the Craig S Wright drama. Ripple is also facing some issues. In general, none of the crypto-currencies apart from Bitcoin is looking to be in good health and this should propel BTC over the $5,500 per coin mark.

[Ipwich]

Bitcoin may receive a temporary boost, as users are rushing to convert their USDT to other crypto-currencies (primarily the BTC). This is evident from the Bitcoin dominance, which has risen to almost 55% now. Another factor that is influencing the prices is the bearish momentum affecting both BSV and BCH after the Craig S Wright drama. Ripple is also facing some issues. In general, none of the crypto-currencies apart from Bitcoin is looking to be in good health and this should propel BTC over the $5,500 per coin mark.

That increase of BTC is at the expense of some altcoins, bitcoin gaining more dominance is crucial for the success of some altcoins
as people would choose BTC more than altcoins and even if in times altcoins will begin to be bullish and the FUD will shake the market, it will easily dump as it's not holding a good dominant rate in the market.

[Thanasis]

There are two ETF decision were scheduled on Q3 of 2019 so that also will play a huge role to bring the crazy bullish price movement on the bitcoin.For now the price of bitcoin settling at $5000-$6000 range and I believe it will stay for a while before entering into Q3.

[Tylev]

If the cryptocurrency market would be bullish now, now we would not have seen its next drop in price. Bitcoin already reached $ 5,600 in price, after which it fell to about $ 5,250. Now he again, according to CoinMarketCap, has risen to 5300 dollars. Such a market is most likely the most common with a good uptrend. Most likely, it will continue to grow, but its growth will be slow.

[pinoycash]

Bitcoin may receive a temporary boost, as users are rushing to convert their USDT to other crypto-currencies (primarily the BTC). This is evident from the Bitcoin dominance, which has risen to almost 55% now. Another factor that is influencing the prices is the bearish momentum affecting both BSV and BCH after the Craig S Wright drama. Ripple is also facing some issues. In general, none of the crypto-currencies apart from Bitcoin is looking to be in good health and this should propel BTC over the $5,500 per coin mark.

Yes this could be the next scenario in the next day's, Binance just move their 120M+ Tethers out of their wallet and this could signal a massive sell off in their holdings. Currently bitcoin is holding at $5,200 price mark and there's no sign of going down.

[BitHodler]

There are two ETF decision were scheduled on Q3 of 2019 so that also will play a huge role to bring the crazy bullish price movement on the bitcoin.

I don't think so. The market has taken enough distance from the initial hype around ETFs after the many delays and rejections, and I'm glad the price isn't reacting to this nonsense anymore.

It's clear that the SEC has a list of things it want to see happen first before they approve an ETF. Everything that's happening with Bitfinex and Tether make it even less likely for an ETF to be approved in the coming year or so.

I honestly can't even blame the SEC for being so strict. I as Bitcoiner consider the ecosystem to be unhealthy as it is right now. Too many unregulated exchanges and Tether that could potentially implode is a big no go.

The SEC has a huge market to protect, one that Bitcoin isn't worth entering.

[wuvdoll]

The market has taken enough distance from the initial hype around ETFs after the many delays and rejections, and I'm glad the price isn't reacting to this nonsense anymore.

It's clear that the SEC has a list of things it want to see happen first before they approve an ETF. Everything that's happening with Bitfinex and Tether make it even less likely for an ETF to be approved in the coming year or so.

I honestly can't even blame the SEC for being so strict. I as Bitcoiner consider the ecosystem to be unhealthy as it is right now. Too many unregulated exchanges and Tether that could potentially implode is a big no go.

The SEC has a huge market to protect, one that Bitcoin isn't worth entering.

If the etf decisions get passed then I am pretty sure we are going to see a bitcoin that is way above 20 thousand dollars finally. That is literally the way to get huge corporations like big banks JP Morgan or whatever into bitcoin much better, I am sure they are already doing some over the counter deals and keeping some for themselves and all that but making it legit and official for ETF would help us get to 20 thousand dollars and more super quickly.

Moreover, it is still not known if it will be accepted or not, we have been waiting for it for over a year now and they keep postponing to another day constantly, I have some small hope in me but every time it gets pushed back I lose a bit of that hope and it starts to look like if it gets postponed once again than I will lose all my hope about it.

[Kasabus]

If the etf decisions get passed then I am pretty sure we are going to see a bitcoin that is way above 20 thousand dollars finally.

This is one of the game changer this year, but honestly, I am not counting on this anymore, it seems like i forget that we are still waiting for the SEC decision about the submitted applications. This has gone long and we never heard good news, and hopefully this year we will have a positive response, one approval and the rest will surely follow.