Topic: Bitcoin "BIG" Green Candle (Read 603 times)
Thank God this actually didn’t happen on the 1st of April and April fool day, many people would have taken it as a joke too and might probably start dumping to quickly take advantage of the price but unfortunately, bitcoin cannot do April fool, so the price we see now is the reality and it I just the beginning of upward trend of BTC and not a bull TRAP, even if it is a bull TRAP, we all need to be wise too not to allow ourselves get caught in it and the only way we can do this is to keep holding our coins and not sell it off, let us frustrate the actions of the whales too if the cause is that but for now, let us believe it is just a normal market condition that is bound to happen yesterday.
The altcoins had to wait a bit more to react to the market, if you check while bitcoin was going up the altcoins didn't exactly went down, their dollar value didn't lose much and even gained a bit, it was just their bitcoin worth that got down a bit because bitcoin value increased.
Given enough time and bitcoin not falling back all altcoins followed the bitcoin and when the bitcoin price of something gets back to its old price while bitcoin is high just meant all green bars for each coins out there. It is simple economics that happened way too many times before, bitcoin goes up first, altcoins wait, bitcoin either continues going up or stays up and than altcoins go back to their old prices or even higher which means a lot of dollars. It is only not applicable during bitcoing going up but than going back down which didn't happen this time.
Given enough time and bitcoin not falling back all altcoins followed the bitcoin and when the bitcoin price of something gets back to its old price while bitcoin is high just meant all green bars for each coins out there. It is simple economics that happened way too many times before, bitcoin goes up first, altcoins wait, bitcoin either continues going up or stays up and than altcoins go back to their old prices or even higher which means a lot of dollars. It is only not applicable during bitcoing going up but than going back down which didn't happen this time.
This increase continues to continue. I do not know whether this is a bull market, but it is been a long awaited increase. But, I can say that we are closer to the bull market.
Sudden pump means "BIG" candle isn't very good sign. It might be bull trap. I always like slow growth for bitcoin. Because slow growth always healthy. But due to bull trap investors are returning on bitcoin. In a result, may be price will stable or small correction. I am expecting one more small correction and another run should be $6K or above. Stability is main thing. Previously we have seen very small bull but it was not stable. So its important to stay stable above $4.5K then we can expect another small bull. Most likely bitcoin following it's down trend. Now reversing to uptrend. If it's true then hope soon we will see another run.
The increase in large candles occurs, this makes us more optimistic, I do not want to look negatively at this movement. Although many think this is a pump, seeing this development is the beginning of a good month, we will look wisely at all of this.
It creates positive things but still a higher risk for the new investors. That’s an scary candle because it can always drop but since bitcoin is good i’m sure we cannot notice it. The price should go and stay on $5k level, that can be the next good support level. 
Well, according with my technical analysis, this is another bull trend. Yesterday, it already broke $5k and today is also a blast for the bitcoin. It bounce up to $5k. If you are going to look at the chart and indicators, it is still going to run bullish. Another green candle is showing.
We can say that this is another bull trend but the truth, we still don't know. Meantime, the green candle still left in the market and still trying to break $5000 again so we could have more chance to see the price will be back to $5000. But it seems, the price is more like sideways right now because the price does not increase or decrease too big, so we need to be careful.
The increase in large candles occurs, this makes us more optimistic, I do not want to look negatively at this movement. Although many think this is a pump, seeing this development is the beginning of a good month, we will look wisely at all of this.
from the graph that you gave, it shows that the increase in bitcoin prices is easy to happen, pump will be easy to do by whale traders or those who have a lot of capital so I'm sure bitcoin has given a signal that there will be a pump that will happen again in the near future this.
It looks like this big green candle has made almost all the alts increase in price overnight,,, I am seeing ETH hit $166 dollars right now, I do not think this level has happened ever since ETH tried to break $160 last month (and failed all the way to $130 again). So a new high for many months, I guess everybody is excited now? We should remember that this was because of a big order that triggered across many platforms, so it was not a natural pump. I would be careful of this!
The bump last over 24 hours for now so this is not something sudden in my opinion but might be an whale's action to increase the price of bitcoin to the further stages.It all happeed from the bitmex exchange a sudden of huge order were placed so which increases the demand and the prices of bitcoin and resulting all the crypto currencies into big green candle.
It looks like this big green candle has made almost all the alts increase in price overnight,,, I am seeing ETH hit $166 dollars right now, I do not think this level has happened ever since ETH tried to break $160 last month (and failed all the way to $130 again). So a new high for many months, I guess everybody is excited now? We should remember that this was because of a big order that triggered across many platforms, so it was not a natural pump. I would be careful of this!
The bump last over 24 hours for now so this is not something sudden in my opinion but might be an whale's action to increase the price of bitcoin to the further stages.It all happeed from the bitmex exchange a sudden of huge order were placed so which increases the demand and the prices of bitcoin and resulting all the crypto currencies into big green candle. 
It looks like this big green candle has made almost all the alts increase in price overnight,,, I am seeing ETH hit $166 dollars right now, I do not think this level has happened ever since ETH tried to break $160 last month (and failed all the way to $130 again). So a new high for many months, I guess everybody is excited now? We should remember that this was because of a big order that triggered across many platforms, so it was not a natural pump. I would be careful of this!
The one day chart on bitcoinaverage.com gives a nice insight on the overall price of most markets together.
That +15% is looking pretty at the moment.
That +15% is looking pretty at the moment.
that is showing a beautiful FOMO followed by a nice correction then a slow rise.
this in my opinion is a very good signal as the price didn't just fall back down showing there aren't that many traders left that are willing to sell, the only sells occurred on top of that peak where price dropped a little (correction) and it shows that there is still a very strong buying power in the market.
with current price that is around $4900-$5000, if we continue on this trend we may even see another big spike pushing price up to $6k levels before today ends.
Well, according with my technical analysis, this is another bull trend. Yesterday, it already broke $5k and today is also a blast for the bitcoin. It bounce up to $5k. If you are going to look at the chart and indicators, it is still going to run bullish. Another green candle is showing.
this has been expected all along.
in case you have forgotten price has not been making any kind of movement for a very long time (4-5 months) and we have been stuck in this low level and it needed to be corrected.
each time this type of reversal correction happens there is a big surge coming with it. in fact i am very surprised about why this is not yet a much bigger surge to above $5k.
in case you have forgotten price has not been making any kind of movement for a very long time (4-5 months) and we have been stuck in this low level and it needed to be corrected.
each time this type of reversal correction happens there is a big surge coming with it. in fact i am very surprised about why this is not yet a much bigger surge to above $5k.
I think there's someone who controlled the slight surge, and they're not getting visible for a moment. Many of us got surprised and after my deep sleep last night looking upon my mobile phone blockfolio, I was so amazed on bitcoin heading towards $5k. I do hope strong and weak holders will realize the importance of waiting.
We need not to rush seeking profitable price, because it needs a lot of patience in order to make all assets work in accordance to our will. Let's always maintain a good attitude, and if you have that survival is the final stand of everything.
i'm curious about the reasons make this huge pump! maybe from bakkt or SEC?
I think it's seller exhaustion more than anything. Bears blew their wad on the November/December crash and the late ones have been shorting this mid term range heavily without any momentum. Now that the range broke to the upside, sellers and shorters were pressured to buy back (or they were liquidated).
No news required.
I’m surprised too, i woke up with a huge candle and I thought I’m living with my dreams not knowing its a real one. The current update is about the decision if SEC on two ETF last April 1 and I think this kind of news really matter in this market. This is not a trap anymore, we are slowly gaining the momentum back.
I think this is the beginning of an uptrend, and an increase in the price of crypto that we hope will occur in 2019.
Bitcoin made a huge jump up while everyone were sleeping. I hope that's just the beginning, but much more I'm curious about possible reason of such unexpected growth.
So far there is no specific reason for this shocking pump, i mean this is totally expected for the price of bitcoin to go high but not on just a single candle. Many speculations around the market but i hope bitcoin to stay beyond on $4k, more things to happen this month so keep yourself awake. 
You can find many reasons, we had many great news last and this year. So many new names in crypto, big companies announcing to get into crypto, regulations of many sorts, lighting network, etf proposals, and many more things. Crypto never sleeps, something is always going on, now all that hard work, sleepless nights, time and effort invested will pay off, it`s like that with bitcoin, I had this feeling many times and it happens once again, I bet this isn`t a last time, we will see many more ups and downs in years to come.
Bitcoin made a huge jump up while everyone were sleeping. I hope that's just the beginning, but much more I'm curious about possible reason of such unexpected growth.
So far there is no specific reason for this shocking pump, i mean this is totally expected for the price of bitcoin to go high but not on just a single candle. Many speculations around the market but i hope bitcoin to stay beyond on $4k, more things to happen this month so keep yourself awake. 
The one day chart on bitcoinaverage.com gives a nice insight on the overall price of most markets together.
That +15% is looking pretty at the moment.
That +15% is looking pretty at the moment.
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