Bitcoin is going steadily up, don't you think?

[Dimitroshi]

It seem like Bitcoin has entered an uptrend, since begin February 2019. It is most probably entering a new big bull cycle that will last for months, most probably for longer than one, one-and-a-half year.

I read articles on tradingview of how the Bitcoin price is going to collapse. Well, this has already happened. We are in an uptrend now.

I'm not sure why some people are insisting one publishing one pessimistic article after the other. My guess is that they missed their chance to buy low, before April, and now they are trying to influence their readers to how it suits their portfolio.

My feeling is that Bitcoin is going steadily up, at least for the time being.

What do you think?

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[magneto]

It seem like Bitcoin has entered an uptrend, since begin February 2019. It is most probably entering a new big bull cycle that will last for months, most probably for longer than one, one-and-a-half year.

I read articles on tradingview of how the Bitcoin price is going to collapse. Well, this has already happened. We are in an uptrend now.

I'm not sure why some people are insisting one publishing one pessimistic article after the other. My guess is that they missed their chance to buy low, before April, and now they are trying to influence their readers to how it suits their portfolio.

My feeling is that Bitcoin is going steadily up, at least for the time being.

What do you think?

If you are talking about the long term trend here, then yes, I think that a bull market will be close as we approach the second half of 2019 due to the fact that there is strong support at the $4k level, and market sentiment has eased from being extremely bearish to somewhat more optimistic.

But I doubt that it'll be steady. Run ups to bull markets are usually anything but steady, and will consist of rallies and dips along the way that will probably scare away some of the weak hands in the market. Just like right now, BTC experienced a short term adjustment that is still consolidating. That's always been the case, if you look back at previous transitions to bull markets, like the 2016 period.

So no, don't expect it to be a linear thing, but I do think that the scale of the bull market ahead will be quite sizeable given the institutional adoption this time round. Also, tradingview is not somewhere you want to base off your analysis of the market from, because anyone with an account can publish their own speculative opinion without any basis.

[passwordnow]

Don't get curious if there will be another published article that tackles mostly about on how pessimistic they are with bitcoin. It's part of their strategy to ride and bring up what would attract to their articles, it's basically the essentials of article writing. Just don't be too gullible whenever an article comes out and deals mostly with negativity of the market and never sees on how positive it can be to the investors. When bitcoin goes up, still there will be those kind of articles.

[pooya87]

I'm not sure why some people are insisting one publishing one pessimistic article after the other.

for the same reason they were publishing optimistic articles back in 2018 saying how price is going to the moon. some people just can't accept the trend change and thing a certain trend (up or down) has to stay indefinitely.

It seem like Bitcoin has entered an uptrend, since begin February 2019. It is most probably entering a new big bull cycle that will last for months, most probably for longer than one, one-and-a-half year.
~
My feeling is that Bitcoin is going steadily up, at least for the time being.

What do you think?

we have already started the new bull "cycle" and have been there for a while now. it is just the start of it and like always the starting months are slow rises with lots of corrections and stable phases where price doesn't go up.
on top of that these past couple of days we have had a big drama called bitfinex which is delaying the rise.

[btc_angela]

Obviously it has pick up already in the last couple of months now, so the future looks bright as this point. But the problem here is people are eager to see another all time high, but it will take months or even years to get to that. So don't get excited and just continue to HODL and wait for the massive bull run to happen specially after the block halving in 2020.

[klaaas]

I read articles on tradingview of how the Bitcoin price is going to collapse.

It depends on what price you define a collapse, people who where inn early got a long breath to wait it out where the 20k buyers saw a collapse in days.

Yes, we get some positive traction the last few months.

[arpon11]

It seem like Bitcoin has entered an uptrend, since begin February 2019. It is most probably entering a new big bull cycle that will last for months, most probably for longer than one, one-and-a-half year.

I read articles on tradingview of how the Bitcoin price is going to collapse. Well, this has already happened. We are in an uptrend now.

I'm not sure why some people are insisting one publishing one pessimistic article after the other. My guess is that they missed their chance to buy low, before April, and now they are trying to influence their readers to how it suits their portfolio.

My feeling is that Bitcoin is going steadily up, at least for the time being.

What do you think?

As a bullish trader I can tell you that the current market conditions is more of the uptrend than downtrend and if we are to take investments decision now that everything seems positive.  I think we are going to see other coins Moving up too and it seems this is another bullish market that migh last for the next 3 to 4.years.

[sheenshane]

I think we are going to see other coins Moving up too and it seems this is another bullish market that migh last for the next 3 to 4.years.

Bitcoin always ended up with a high price even it has an up and down price movement in the market. If you are going to compare the last price movement in the graph since bitcoin was found and until now the price ends up with the highest price. So now, bitcoin will be going to continue raising up in the market whatever happens even there's they called whale who manipulating the market.

Now, obviously, we feel a bullish trend in the market and I saved some for my investment during the market was on dip last few months ago.

[tukagero]

It seem like Bitcoin has entered an uptrend, since begin February 2019. It is most probably entering a new big bull cycle that will last for months, most probably for longer than one, one-and-a-half year.

I read articles on tradingview of how the Bitcoin price is going to collapse. Well, this has already happened. We are in an uptrend now.

I'm not sure why some people are insisting one publishing one pessimistic article after the other. My guess is that they missed their chance to buy low, before April, and now they are trying to influence their readers to how it suits their portfolio.

My feeling is that Bitcoin is going steadily up, at least for the time being.

What do you think?

Hoping that bitcoin will continue its rally going back to 20,000 again and if this happens i would say that its worth hodling for almost 2 years.

[Indrawan77]

Bitcoin price recently has been quite good the growing ia pretty steady, but it still can slip sometime, judging from the chart the support is still a bit weak so the price still could easily fall down, but it has been a better price compare to the early of this year and I believe this could trigger something positive

[Jating]

Bitcoin price recently has been quite good the growing ia pretty steady, but it still can slip sometime, judging from the chart the support is still a bit weak so the price still could easily fall down, but it has been a better price compare to the early of this year and I believe this could trigger something positive

I beg to disagree, support is strong, if it is weak, then we may have seen it going below $5k. But the price seems to be fluctuating at $5100-$5300,

It's been on the green for two months already and this is an indication that we are entering the bullish zone and not be going to a new all time lows. Low lows currently is $5k, it might fall a bit if there is a negative news but I don't think that we can go < $4k.

[Gaaara]

It has been like that each time bitcoin goes down hard I think it is more likely an optimism for something that has barely keeping up the phase, anyways it is a good thing for bitcoin if people still believes because as long as there are people that believes in bitcoin it will never die but having false assumption and news will always have a good feedback on bitcoin and it will impact the current bull it is better for bitcoin to have a bad news than having no news at all.

[Naida_BR]

Personally, I cannot say that we are in an upward or in a downward trend but I can say that we have created a strong resistance in 5k which is going to break very difficult.
Having said that, I expect to see the price going up in the future but after sometime that it will move around 5,5k and 6k. Then more people will see it as an opportunity to buy more due to this stabilization and then the price will possibly go up.

[YuginKadoya]

So much for the fuss but for now, the price is steadily recovering up but I feel like it's not gonna last somehow because we are seeing a slight recovery for now but the price is unpredictable when the ride is in a slow pace, There is an indicator in the chart that it will keep on going up or going down and market analysis is taking this speculation as nothing else but a guide, But if we are going to a bullish trend now, It may last somehow and it will be in a sudden movement so, for now, I really think that the market is preparing itself going in that direction we should wait and be patient about it.

[jakelyson]

I'm not sure why some people are insisting one publishing one pessimistic article after the other. My guess is that they missed their chance to buy low, before April, and now they are trying to influence their readers to how it suits their portfolio.

The bears will continue to post negative/pessimistic articles about bitcoin and the bulls will do just the opposite. It will not end even if there is already an established trend. They are just upholding their views about bitcoin.

[The Cryptovator]

Although we are experiencing a little pull back from $5.6K but seems bitcoin holding strong resistance above $5K. As I said before, if bitcoin hold $5K for couple of week then  we can say we are on bull instead of bull trap. My personal opinion is, we might not see bitcoin below $5K. If in case drop below $5K then we will see another FUD, and more price drop. But really I am not expecting that. If you follow articles from others then you will confuse. Few peoples are spreading FUD and few peoples are spreading FOMO. I don't believe both of them, I like to follow bitcoin trend overall. 

[Adriano2010]

Well i think bitcoin price will continue goes up more and on the end of the year the price will be higher than was at the start of year, until then we can get more coins, and i think a bull run is possible before next year halving.

[rizkyhiw]

Perhaps most think of an upward trend in the case of market colors, which are green but dominant fluctuating slowly, I will not quickly think it will be very fast pumping, don't be too hasty, don't laugh after the market is not good, investment is highly recommended because for the sake of personal good and the good of the market to get strong support, pay close attention, do not quickly overreact in happiness but look back wisely, identify the market first before concluding.

[Kemarit]

It seem like Bitcoin has entered an uptrend, since begin February 2019. It is most probably entering a new big bull cycle that will last for months, most probably for longer than one, one-and-a-half year.

You can check how the price moves in 2014-2015, and you will see some similarities. It was a slow grind leading up to the bull market in 2017. So we might be warming up for the next huge run in 2020-2021.

I read articles on tradingview of how the Bitcoin price is going to collapse. Well, this has already happened. We are in an uptrend now.

You just have to read those so called experts in tradingview. But it doesn't mean that they are right, they all based in on TA obviously, so it may or may not happened.

I'm not sure why some people are insisting one publishing one pessimistic article after the other. My guess is that they missed their chance to buy low, before April, and now they are trying to influence their readers to how it suits their portfolio.

Don't be bothered by those pessimistic articles you find. There's a lot of positive news around, stick to them, much better to remain optimistic and used logic and learn to read between the lines.

[exstasie]

Although we are experiencing a little pull back from $5.6K but seems bitcoin holding strong resistance above $5K. As I said before, if bitcoin hold $5K for couple of week then  we can say we are on bull instead of bull trap.

$5K was never an important S/R level historically. We tested it once on the way up in 2017, and otherwise these low $5,000s haven't really been tested much at all. We need to conquer the long term pivots ~ $5,750-$6,000 and hold above those to suggest anything about a bull market. Not looking at Bitfinex charts either!

That may not seem very far away, but I think there's enormous selling pressure waiting to come in if/when we get there. If bulls manage another wave up, I'd be ready for a wick through $5,800 that gets sold down hard.