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

[BitBustah]

Its hilarious how fast opinions change.  We go through a very small dip and now people are calling for 3k prices again. Lol, this is why the best strategy is to just buy and hold and don't even concern yourself with all this nonsense.

[freedomgo]

Its hilarious how fast opinions change.  We go through a very small dip and now people are calling for 3k prices again. Lol, this is why the best strategy is to just buy and hold and don't even concern yourself with all this nonsense.

We can't change the way they think, they certainly have their own opinion.
Holding our coins is a good strategy, in fact I can confirm this is working, and this market is full of surprises, so we have to stick on what we are up to.
The bullish market might come or not, but eventually at the right time it will come.

[andriarto]

Its hilarious how fast opinions change.  We go through a very small dip and now people are calling for 3k prices again. Lol, this is why the best strategy is to just buy and hold and don't even concern yourself with all this nonsense.

We can't change the way they think, they certainly have their own opinion.
Holding our coins is a good strategy, in fact I can confirm this is working, and this market is full of surprises, so we have to stick on what we are up to.
The bullish market might come or not, but eventually at the right time it will come.

with the nature of the market which always gives a surprise, then we must prepare the bait, if at any time the surprise occurs. by holding it or buying it, at least we have helped develop the market better, until later all of our goals are achieved

[coinplus]

I think what can change their ideas is that when bitcoin reached above 4k it was still possible that we turn back to 3 thousands, it happened multiple times before, however this time around they have to realize that our "drop" was to 5k, like not even 4.4k which I was expecting it to drop, it literally didn't move below 5k at any given time (maybe couple dollars in this exchange and a hundred on that one but never too far away).

So, if they still think it will go back down to 3 thousand dollars that is a bit of their own problem, anyone who sees that even the "drop" which in reality was a correction only took us as low as 5 thousand dollars means we are going to just go higher from here on out. I think the best way to actually change their minds is to simply show the charts that is it.

[lutfi-hasan]

Yes, Bitcoin has just experienced a price increase, so stay alert to the price movements of Bitcoin, because we don't know the way the Bitcoin moves next, so we still have to be careful.

[akram143]

Name of wake up is not known by anyone but the pre plan is important because if we don't know when it happened if it was suddenly happened there is no no use in it it and there is no opportunity after getting the profit that's why planning is important to do anything.

[justspare]

Its hilarious how fast opinions change.  We go through a very small dip and now people are calling for 3k prices again. Lol, this is why the best strategy is to just buy and hold and don't even concern yourself with all this nonsense.

We can't change the way they think, they certainly have their own opinion.
Holding our coins is a good strategy, in fact I can confirm this is working, and this market is full of surprises, so we have to stick on what we are up to.
The bullish market might come or not, but eventually at the right time it will come.

I know they are entitled to their own opinion, this is the recon why they need to make it a personal opinion and not public opinion, if they are truly believe of cryptocurrency and they really understand how the market works, they need to understand that opinion has a way of affecting people either positively or negatively.

The people creating FUD, do you think that every FUD created is deliberate, some of them is as a result of opinion, just like yesterday when I got to know about Binance delisting BicoinSV, at first, I said to myself that they will sort their issue out, until someone gave his opinion that investors will start dumping, it was then it done on me to start changing my BitcoinSV to Bitcoin.

[omonuyak]

Its hilarious how fast opinions change.  We go through a very small dip and now people are calling for 3k prices again. Lol, this is why the best strategy is to just buy and hold and don't even concern yourself with all this nonsense.

You should not look at that as changing of opinion but the way the market work and whales strategies in plan to pull the price down in other to buy low again.  Because of bearish predictions many new investors will sell at cheap price out of panic and as such the whales buy it for profits.

[usorin]

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


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

At last the bulls are coming. I like the spreadsheet with the bull. This time the price will go high to the moon, can't wait for it.

[RokokGudangGaram]

absolutely right and my hope this year that bitcoin can experience a price increase of up to 50% hopefully it can happen because if it happens then there will be a lot of people happy with the increase in the price of bitcoin

[1Referee]

Because of bearish predictions many new investors will sell at cheap price out of panic and as such the whales buy it for profits.

Newbies only sell if they actually see the price go down. Most of them don't pay attention to what is being said, because if that was the case, it would also work in times where all sorts of self claimed experts throw around with bullish predictions. It all comes down to action -> reaction. Price up = people buy. Price down = people sell.

This isn't something that only applies to Bitcoin. The exact same market psychology also applies to the stock market and other tradable assets.

[raven7886]

Yes, Bitcoin has just experienced a price increase, so stay alert to the price movements of Bitcoin, because we don't know the way the Bitcoin moves next, so we still have to be careful.

You are right, we cannot completely predict the movement of Bitcoin, but at least, one of the moves it made early this month has already lifted us out of the bear market partially and you can imagine what other moves would do.

Bitcoin is a coin full of surprises and I believe that whatever surprise bitcoin will have for us for the rest of the year would be similar to that of the one it gave on the 1st of this month, so it is better we get prepared now for more surprise by investing more if we still have any spare fund left, so that its surprises does not catch us unaware and group us with the people that will FOMO when the sharp increase happens again.

[Burogh]

absolutely right and my hope this year that bitcoin can experience a price increase of up to 50% hopefully it can happen because if it happens then there will be a lot of people happy with the increase in the price of bitcoin

Hopely, bitcoin price reach $6000 first and i think its a sign market start to recovery. Many analysis said bitcoin price could rising to $50k end this year and i hope that happen because it will lead others coin price increase

[Kevin77]

I think it is looking bright once again, not many people believe it when I say this but I think this resistance will be easier than the one we broke at 4200. That was built for months until we managed to break it so it was definitely something to be considered, we are here for much shorter time now and we didn't fall back that much, we are still holding out strong so that gotta mean that we are going to try to break the next resistance much quicker, it is going to take less money to even test it so we are not going to lose ammo in the way neither. That is why I think because we didn't do anything since the increase we are going to try again very soon and with that try either we are going to break the resistance and go higher or we are going to really leave the resistance very vulnerable.

[Sithara007]

I don't know the exact reason, but the trends indicate that the extra supply has been removed. I have one possible explanation, but not much sure about that. The uncertainties regarding Bitcoin mining in China may be pushing the price upward for the past 2-3 days. Now the prices have stabilized at around $5,300, which represents a 5% gain from last week's prices.

[d1ceplayer]

This is just the beginning of the bull run, what we are now experiencing is what I call the recovery time and this will happen all through the year 2019, then we are going to see a bull run in the price of bitcoin and other crypto in the market that have a very good potential and also have a real life value, my guess is that we are going to see this bull run happen in the fourth quarter of the year when a lot of persons have already given up on the bull run we are to see in the crypto space, let's just hope for the best this year in the market.

[Kasabus]

I don't know the exact reason, but the trends indicate that the extra supply has been removed. I have one possible explanation, but not much sure about that. The uncertainties regarding Bitcoin mining in China may be pushing the price upward for the past 2-3 days. Now the prices have stabilized at around $5,300, which represents a 5% gain from last week's prices.

Better days are coming, while we are so disappointed with the long bear period, the market shift is already happening.
The surge is expected but not that high, but I could not complain anymore since we are trading at $5,000 already, at least that was the support. 
It increase a bit, but were not able to surpass big resistance level, it will take time, a week or two, then we will pump it again .

[raven7886]

absolutely right and my hope this year that bitcoin can experience a price increase of up to 50% hopefully it can happen because if it happens then there will be a lot of people happy with the increase in the price of bitcoin

Hopely, bitcoin price reach $6000 first and i think its a sign market start to recovery. Many analysis said bitcoin price could rising to $50k end this year and i hope that happen because it will lead others coin price increase

I think this $6000 mark has become fact, because virtually every place I have read prediction all point out to $6000 soon, I am sure it wont be long before we see this value, hopefully by the start of next week. No one can really tell exactly the peak of BTC when it goes on bull run, the $50000 is possible and it may even go far above that, depending on the things that happens now, the year might really not be too strong to accommodate that price but I am sure within the next 2 years.

The bulls would have gathered enough energy to push the market to reach such value within the next 2 years; we need to just focus our mind on a long term investment, the longer our investment stays in BTC market, the more increase we will get over time.

[maydna]

absolutely right and my hope this year that bitcoin can experience a price increase of up to 50% hopefully it can happen because if it happens then there will be a lot of people happy with the increase in the price of bitcoin

Hopely, bitcoin price reach $6000 first and i think its a sign market start to recovery. Many analysis said bitcoin price could rising to $50k end this year and i hope that happen because it will lead others coin price increase

That price will come to us, don't worry about that. We still have time to see the coming, and we can see the bullish market will happen. But I am not sure if the price could rise to $50k at the end of this year because we are far away from that price even for $10k, we still too far. Perhaps, the price will be back to the $6000-$7000 until the middle of this year. And then the price will go up and down in that range, and after that, the price will rise more.

I am sure that many of us still waiting for that moment to happen and now, they still buying bitcoin while the price is down again. We should prepare ourselves for the bullish market and don't be late to sell when it's rise.

[BeGoods]

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