Bitcoin Sparks Imminent Crypto Bull Stampede with 44% Gains in 2019

[Vishnu.Reang]

Sooner or later, investors who hasn’t dive in to crypto market shall follow suit. And these will reach the current bull run into a new heights. They dont want to get left behind.

It won't be easy this time. Because the mainstream media has painted Bitcoin as a "bubble" after it lost 85% of the value in 2018. Even if another bull run occurs, people will always keep the previous correction in mind, and may be reluctant to put their money in to crypto. A lot of convincing may be needed to encourage the common people to put their faith into BTC again.

[rizkyhiw]

Sooner or later, investors who hasn’t dive in to crypto market shall follow suit. And these will reach the current bull run into a new heights. They dont want to get left behind.

It won't be easy this time. Because the mainstream media has painted Bitcoin as a "bubble" after it lost 85% of the value in 2018. Even if another bull run occurs, people will always keep the previous correction in mind, and may be reluctant to put their money in to crypto. A lot of convincing may be needed to encourage the common people to put their faith into BTC again.

It is true that the market today will not be easy to attract even lay investors because they carry out their respective analyzes to see the history of Bitcoin and maybe they can think again as much as investing all the money they have, I admit that the market is in very good condition but we have to be a little patient with the current achievements, always invest because Bitcoin is a very profitable digital asset.

[Crypdon]

excellent stats proving that bitcoin will outperform all other investment vehicles this year and probably every year for the next decade or so

[tomahawk9]

Even if another bull run occurs, people will always keep the previous correction in mind, and may be reluctant to put their money in to crypto. A lot of convincing may be needed to encourage the common people to put their faith into BTC again.

We won't see the same influx of dumb money like we saw in 2017 which kept pumping prices until it wasn't sustainable, but I wouldn't discard a huge amount of FOMO, especially once we start testing the 5-digit levels, from newcomers and weak hands who got burned after the bull run.

Though, I believe 'smart money' will be the fuel for the next bull market (institutional investors and whatnot) and they know how this market works, they won't start dumping their coins at the first sign of a dip like the panic sellers did in early 2018 thus crashing the price, they'll either keep buying/accumulating or hold their coins until the next bull run. And once the general public starts reading the news and find out that financial instituitions are puring tons of money into the crypto market, you won't need a lot of convincing, the masses will quickly (but cautiously) join the crypto bandwagon.

[Searing]

I'm still processing the 'grief' of the 75% plus drop in BTC price from the ATH price.

[Kevin77]

2019 has really been a great increase for all of us, I mean is there anything else that went up that much ? I do not think any proper stock could gain this much in a sense. I really love when bitcoin goes up so much that we remember nothing will compare to earnings you can have with bitcoin, since 2017 December we have been on a fall and everyone though oh bitcoin is just another "thing" but its not is much more than that and everyone really makes insane amount of money if they just hold it long enough.

You could literally have bought bitcoin at 20 thousand dollars and to this day I believe you could make a profit if you just wait long enough, it just makes you wait longer if you buy at the wrong moment but you will never not profit from it.

[Yamifoud]

Sooner or later, investors who hasn’t dive in to crypto market shall follow suit. And these will reach the current bull run into a new heights. They dont want to get left behind.

It won't be easy this time. Because the mainstream media has painted Bitcoin as a "bubble" after it lost 85% of the value in 2018. Even if another bull run occurs, people will always keep the previous correction in mind, and may be reluctant to put their money in to crypto. A lot of convincing may be needed to encourage the common people to put their faith into BTC again.

If just only listen to the news,  they'll be certainly against crypto and they'll just spreading fakes news. 
Yes, bitcoin might be a bubble but there is no need to worry for that cause that's the real story of crypto. Facing the challenge will only be a way to justify how this technology give us a better future.

[dothebeats]

Bitcoin is still up by a huge percentage since its inception, and it's no doubt that it still outperforms a lot of assets that are in existence right now. The recent run-ups to where it's at right now cannot be ignored though, knowing full well that 2018 was a bad year and it is only now that we are regaining strength which started on the first of April. The short-term future is appearing very bright for bitcoin and I just hope that it continues its momentum until the end of 2019 and we might even see ourselves conquering $10k all over again.

[alyssa85]

Sooner or later, investors who hasn’t dive in to crypto market shall follow suit. And these will reach the current bull run into a new heights. They dont want to get left behind.

It won't be easy this time. Because the mainstream media has painted Bitcoin as a "bubble" after it lost 85% of the value in 2018. Even if another bull run occurs, people will always keep the previous correction in mind, and may be reluctant to put their money in to crypto. A lot of convincing may be needed to encourage the common people to put their faith into BTC again.

This is indeed the pattern that happened last time.

There was a bull run from $100 to $1000. Then a bear period for three years till 2016. And reluctance to get involved until the previous all time high had been passed for a few months. Even then it wasn't till about Sept 2017 when bitcoin was truly going crazy that ordinary investors piled in.

[Vishnu.Reang]

I'm still processing the 'grief' of the 75% plus drop in BTC price from the ATH price.

Actually, there was a drop of 85%. The ATH was $20,000 per coin, which was achieved in December 2017. And the lowest point was reached almost 12 months after that, when BTC dropped to $3,000 per coin. Anyway, we are now almost 80% higher than the low that was reached a few months back.

[GregH37]

Indeed is a good sign that bitcoin grow and i will think the whole year bitcoin will continue grow and most of holders can get a good profit if still hold and buy more.

I think the light is already beaming on bitcoin this year, you are right. I also believe that there will be a reasonable increase this year, if not another ATH.

This year might not be the year of ATH but it will have a very high significant mark in the history of bitcoin, with the rate at which BTC is outperforming other form of investments, I see all attention beginning to divert to bitcoin already and this year, many people will make a very great decisions in favor of Bitcoin market.

The growth might not be as fast as it was in the past, but whatever growth it is having now will be sound and solid to make the BULL market last for a very long time and healthy for people to operate. The main year that will top it all will be next year, that is when I see BTC reaching its all-time high.

[BitHodler]

Actually, there was a drop of 85%. The ATH was $20,000 per coin, which was achieved in December 2017.

Asia has been hit harder with their all time high almost touching $24k back in 2017. The price crashed with +$20k in such a short period of time, which shows how high the demand was back then, and how low at the very bottom.

Anyway, we are now almost 80% higher than the low that was reached a few months back.

Those who bought the bottom yes, which I am sure not many people have done with how they were expecting a sub $3000 visit and kept waiting for that moment to actually start buying.

Some people still expect the price to dip below the $3000 mark, and even below $1000 which is a waste of time. If you're so sure that the price will go that low, why not short the market right now and put your money where your mouth is?  

[prtty2gal2]

I'm still processing the 'grief' of the 75% plus drop in BTC price from the ATH price.

Actually, there was a drop of 85%. The ATH was $20,000 per coin, which was achieved in December 2017. And the lowest point was reached almost 12 months after that, when BTC dropped to $3,000 per coin. Anyway, we are now almost 80% higher than the low that was reached a few months back.

If we keep comparing and complaining about the last ATH, we are indirectly encouraging manipulations of the market, we all know what happened that made BTC reach its ATH so quickly, it was because of whales that were introduced to the system newly and took the opportunity they saw to manipulate the market and eventually dumped it on us, wherein majority of us suffered it.

Is that what we want again?We need to forget the past and focus on the future look out for great fundamentals that will affect the price of Bitcoin to reach its ATH again overtime without any form of manipulation that will get us back to the bear market.

[okala]

Bitcoin recording the highest asset that increase in it percentage growth alongside oil that is a great increase and this is already robbing on the rest of other cryptocurrencies, despite the fact that we can only speculate what happen in the future market but I hope bitcoin will maintain a steady grow and time goes on.

[Kakmakr]

Well, if you consider that Bitcoin was the best performing currency and commodity in both 2016 and 2017, then a correction or recovery in 2018/2019 should have been predicted. I think we passed the recovery phase now and we are once again in a slow Bull market.

The difference is that we have no "driving" factor like the introduction of ICOs. <2016/2017> The growth that we are seeing now is just normal Bitcoin adoption and some likelihood that a Bitcoin ETF might be approved soon. 

[Ranly123]

Year-to-date, the bitcoin price has increased by 44 percent against the U.S. dollar from $3,700 to $5,320, becoming one of the best-performing assets in the global market alongside oil.

     2019 Returns...
   - Bitcoin $BTC: +39%
   - Oil $USO: +38%
   - Nasdaq 100 $QQQ: +22%
   - S&P 500 $SPY: +17%
   - Small Caps $IWM: +17%
   - MLPs $AMLP: +16%
   - REITs $VNQ: +15%
   - EM $EEM: +14%
   - EAFE $EFA: +13%
   - Commodities $DBC: +12%
   - High Yield $HYG: +8%
   - Investment Grade $LQD: +6%
   - Bonds $AGG: +2%
   - Gold $GLD: -1%

   Twitter: @charliebilello | https://twitter.com/charliebilello/status/1119218063486914560   

The initial 20 percent rally from bitcoin in early April from $4,200 to $5,000 drastically changed the sentiment around the crypto market and investors generally expected bitcoin and the rest of the market to slow down following a strong upside movement.

In the past few days, bitcoin has continued to increase in value, surpassing $5,300 to record a 32 percent increase in price within one month.


Reference: https://www.ccn.com/bitcoin-44-ytd-gain-crypto-bull-market-imminent

It is imminent and hopefully we see the price grow above $6k. Now that the market is starting to spark, it's better to buy and hold more BTC and make $5k as a reference for another bullrun.

[manfredmann]

That is a good news and to those users who were able to buy when market price at 3k usd and still holding now might have been a big smile already in their face. Seeing that they could be able to profit on it already but still choose to hold. One day their investment will go x2 or more than that when bitcoin will be having a bull run. It started already and probably will kick when bitcoin market price starts at 6K or 8K USD.

[coinplus]

I think its even higher than 44% right now and its not even stopping anymore, the resistance at 4200 was so strong people thought we could stay there for a long time and honestly we did stayed there for months but since we managed to break it there is really not that much challenge ahead us right now and price moved from 20% increase to 30% to 40% and now to 50%ish levels of profit.

People who bought from anything under 5 thousand is once again living that insane dream of profits size of a huge banker dream and its all thanks to bitcoin traders who managed to slowly destroy the resistance by buying from support line and selling at resistance lines making it thinner and thinner and eventually breaking it. Lets hope for another 50% soon so we can start to call this a big bull run.

[bitgolden]

If just only listen to the news,  they'll be certainly against crypto and they'll just spreading fakes news. 
Yes, bitcoin might be a bubble but there is no need to worry for that cause that's the real story of crypto. Facing the challenge will only be a way to justify how this technology give us a better future.

It's not all news that paints Bitcoin bad, there are also websites that says a lot of good things about Bitcoin. Even if Bitcoin is bad, I don't need anyone to tell me that I still have to try my luck and see what will come out of it, investments are mainly about risk. Bitcoin had been around for more than a decade now and if you're still going to be delaying yourself from trying luck on it, then that's your business. Even if everyone around calls it bad, or a bubble whatever they say, but for the fact that it has been around for long and still doing good should make you try your luck on it.

[d1ceplayer]

The way the market is moving though, a little drop and then it moves a bigger percentage upwards. Currently $5452 and a lot of people had been predicting six thousand dollars before the end of this month! I don't know if that is right or not, this market is something that is quite unpredictable, that's why most of the analysis you see don't really come true. But, I do believe too that it is going to possibly reach that price of $6000, maybe next month or so.

44% gain is not a simple thing when considering against stock or forex markets. But for crypto adopters, they need more so that they may agree that bulls are into "full action". Volatility is not same across markets hence trend change also needs more confirmation for this crypto markets.