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Author Topic: The market starts looking real nice in Q2, 2019  (Read 1186 times)
Odessit_ya
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April 10, 2019, 09:01:10 AM
 #21

You are right - stognation of cryptocurrency that has been going on for more than a year is ending, and this is good news. But I am sure that this year we will not go beyond the limits of the Bitcoin exchange rate of 8000 USD.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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April 10, 2019, 10:16:10 AM
 #22

Do you guys think we are going to the moon this year also or we have a long way to go before reaching the moon once more - that is it'll probably happen in the next 4-5 years?

There is no need to rely too much on the figures shown on sites such as coinmarketcap or similar, because these numbers do not really reflect the actual situation. For example, let's take bitcoin market cap which is now something over 92 $ billion, and it is calculated as circulating supply times the price, but it is fact that millions of BTC coins are losted. Real value of market cap (bitcoin or total), is actually much smaller, but it is impossible to calculate it precisely.

What we can see that bitcoin is holding above 5000 $ for several days, and it has a tough barrier on 5300$. It is still too early for me to say in which direction will price move, it is 50%-50%, but I hope it will go up in slow growth. The time in which new ATH will be realized is probably much shorter then 4-5 years, and I suppose it should happen some 6+ months after 2020 halving. I am not saying that 2019 or 2020 will not be interesting years, price will probably go up, but big pump similar to end of 2017 is not realistic to expect in this or next year.

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April 10, 2019, 11:17:14 AM
 #23

I don't think too far away from the market, as long as the price for every coin can increase slowly, I will be happy to see that the market is looking better than the last month. With the small rise of the market, it gives hope for us to come back and make a profit again and we can wish that this time, our profit will bigger than last month. I admitted that in Q2 of this year, the market seems to move to the higher price and if everything looks like this, I guess that we will get something in the next month.

And I think we will see the new rally in the next month if the market can keep on this progress. Every coin is trying to follow the bitcoin price, and if bitcoin price is down, I see that the other coin replace the position and trying to increase too. So, every coin will change the position, and this is good for us if we have so many coins in the exchange because we can try to sell some amount to get a bigger balance.
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April 10, 2019, 11:25:30 AM
 #24

Tue market is slowly recovering and i think that the bear market is over and bulls are taking action right now. Hoping this trend will continue and we might see bitcoin at least $10k at the end of 2019.

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April 10, 2019, 11:34:24 AM
 #25

Hi guys,
The cryptocurrency market has added over $80 billion within the last 100 days, which is probably from January to date. The cryptocurrency market capitalization hits the bottom at $100 billion during the recent massive market crash. Do you guys think we are going to the moon this year also or we have a long way to go before reaching the moon once more - that is it'll probably happen in the next 4-5 years?


Yes the market looks really promising,at first I thought think that this might another bull trap but later realizig that crypto bear market seems over.I am now interested to buy some cheap coins which i hanging in this market for years,if there is a bull run I can make some wuick money which will be used to reinvest on the bitcoin as well.









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April 10, 2019, 12:36:33 PM
 #26

Yes, the market is looking good now. Bulls are around the corner and that next halving would make investors position in the market. Some whales are entering and that I know more would follow. Next year would be another year that will make the price of Bitcoin go high again.
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April 10, 2019, 12:58:57 PM
 #27

yes agree, Q2 2019 crypto market will look good than the month before. there is a lot of good news like BAKKT, NASDAQ, SEC that will accept bitcoin.
- Bakkt: they haven't released a launch date, they're still working on getting the approval from CFTC.

- NASDAQ: they launched a btc index. Good for bitcoin as it further adds legitimacy to it, completely irrelevant price-wise.

- SEC: They haven't approved any BTC ETF proposals, in fact, they keep delaying their decisions about btc etf.

Overall, I don't see any good news.

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April 10, 2019, 01:41:24 PM
 #28

Yes it is, but the big question is can btc sustain it because I believe on our way to $10k, there's a fall we might encounter because of some traders selling point plus panic sell again by others seeing the price dropping. But because of this increase without major news, $10k or even more is possible for this year.
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April 10, 2019, 02:55:40 PM
 #29

Hi guys,
The cryptocurrency market has added over $80 billion within the last 100 days, which is probably from January to date. The cryptocurrency market capitalization hits the bottom at $100 billion during the recent massive market crash. Do you guys think we are going to the moon this year also or we have a long way to go before reaching the moon once more - that is it'll probably happen in the next 4-5 years?



We need consistency on the price to raise up for us to say that we are slowly approaching the moon but if the price will going to play like what is happening for the past couple of months then it will be hard to speculate on ehat will going to happen. 4 to 5 years is too long for the price to move on what we are expecting to happen.
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April 10, 2019, 03:03:48 PM
 #30

~snip~

We need consistency on the price to raise up for us to say that we are slowly approaching the moon but if the price will going to play like what is happening for the past couple of months then it will be hard to speculate on ehat will going to happen. 4 to 5 years is too long for the price to move on what we are expecting to happen.
It is very noticeable that we are moving good right now but it is not enough to have assurance that it will continue to rise without a single dumps. Its the volatility effect which we certainly experience anytime but I'm not be thinking that we will have to wait for that long 4-5 years of recovery.
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April 10, 2019, 03:10:06 PM
 #31

yes agree, Q2 2019 crypto market will look good than the month before. there is a lot of good news like BAKKT, NASDAQ, SEC that will accept bitcoin.
- Bakkt: they haven't released a launch date, they're still working on getting the approval from CFTC.

- NASDAQ: they launched a btc index. Good for bitcoin as it further adds legitimacy to it, completely irrelevant price-wise.

- SEC: They haven't approved any BTC ETF proposals, in fact, they keep delaying their decisions about btc etf.

Overall, I don't see any good news.

Most likely we won't see any approval, so yeah there's no good news coming around. And one thing though about those event is that it's beyond our control. The only thing we can really see as the catalyst is the next block halving next year.

Tue market is slowly recovering and i think that the bear market is over and bulls are taking action right now. Hoping this trend will continue and we might see bitcoin at least $10k at the end of 2019.

Well we are technically in bullish cycle in the least seven weeks as we are posting gains. But the massive influx of money last week as a bit surprised for everyone. As for $10,000 at the end of the year? It's possible as long as we can sustain a small and steady growth throughout the next months or so and leading up to the block halving.

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April 10, 2019, 03:27:40 PM
 #32

Yes, the market is looking good now. Bulls are around the corner and that next halving would make investors position in the market. Some whales are entering and that I know more would follow. Next year would be another year that will make the price of Bitcoin go high again.

I heard from various news that bitcoin transactions in China rose significantly, this is what made the price of Bitcoin rise significantly in April, and this is a good start as it did in 2017.
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April 10, 2019, 03:56:46 PM
 #33

The first 2 months of 2019 have not shown an increase in Cryptocurrency prices like today, and now we can see the price of Bitcoin, Ethereum and others continue to increase. This shows that in 2019 this is a good year for Cryptocurrency, my hope for the future is that all crypto prices continue to rise, because every day the demand for Cryptocurrency also continues to increase and this will certainly have an impact on the selling value of Cryptocurrency, such as Bitcoin, Ethereum and other.
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April 10, 2019, 04:13:49 PM
 #34

Is good that we see a grow on price, is better that people start buying bitcoin and we can get a good profit this year if grow continue as i read.. Some news say that the price of bitcoin will grow to 8400$ over some weeks.
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April 10, 2019, 05:05:31 PM
 #35

This is the type of quarter we need to keep having, if the Q2 somehow ends with something good like this than we can definitely get to see bitcoin really high again. I know it will take time but when you end a week with profits that is good, if you end a month in profits that is better but if you end a whole quarter in profit that is life changing and it could help increase the prices a lot. In order to keep this up we have two options, either we are going to need more buyers with higher volumes or we are going to need sellers not sell a lot of coins at these prices and lift the pressure.

If we can achieve either of those things than there is nothing in our way that could somehow stop us, that is how we are going to go back to high prices and the all time high 20 thousand dollars again.
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April 10, 2019, 05:23:03 PM
 #36

The market recovering is an inevitable thing to happen, with the gradual price increase we are seeing we can confirm that the crypto market is poised for another rally back above 10,000$. With the us having a extended bearish market which is more than a year (16 months and counting ...) a lot of people who are selling have exhausted all their position and what we have now is a market full of hodlers not wanting to short their position. This thing alone would only tell us that hodlers have positioned themselves for the upcoming rally.
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April 10, 2019, 05:33:51 PM
 #37

It's true, this year is better than the market that we had last year. But, don't be too complacent with the current market situation. Always be ready for the things that can possibly happen, take note that the market is volatile, anything can happen at anytime.

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April 10, 2019, 06:04:43 PM
 #38

I think that in the future there is still resistance to penetrate, around the area of ​​$ 5500 for bitcoin, there is a lot of hope when the market starts to grow and the upward trend occurs, and I am sure there will be many investors who return
I usually follow up with the top ten cryptocurrencies analysis on Cointelegraph.com and based on the last analysis they have made, it’s likely that the price is going to go up, but we never know when it’s going to be. But, sometimes these analysis, even the ones from experts doesn’t really happen most of the times. So, let’s just keep watching, and the price has been at $5,245 quite for a while now.

Moreover, the market has really started doing fine and I hope it continues just like that. I don’t know how it’s going to be by the time the year ends, I really want the bull run to kick off. I have invested for a long time and I have been expecting the market to increase in price, instead I have been seeing only downturns till recently that everything has started to change.
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April 10, 2019, 06:27:13 PM
 #39

You are right, entering Q2 the crypto market movement is very good, and it looks like it will continue and at the end of the year the market will likely be like 2017.

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April 10, 2019, 06:40:22 PM
 #40

The market has changed, but do not indulge in euphoria and wait for the furious growth of bitcoin in the coming months as it was in 2017, you can very much burn yourself. The month of April is still profitable, but do not forget to set stop losses to limit your losses.

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