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

shinharu10282016

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A 44% gain for the first two quarters of th year isn't that bad i guess
The thing about these gains is that the market has been seen in a better view.

Quote from: Botnake on April 26, 2019, 07:21:18 AM

Quote from: Oceat on April 26, 2019, 07:02:46 AM

We are almost getting near to the bull run and this year lots of positive news happens. I think this is the end of the bearish market and a fresh start of the bullishness of the market but i can't stop thinking whether the bull run would occur this year or next year because a lot of good news happening this year. What more could we expect this coming year 2020?

News is only secondary now, unlike before where people easily react.
With too much manipulation news cannot sink in to the correct price, speculation,hype, FUD, and etc are playing the market.
The reason I believe the market is bullish now is because last year long bear market make the market oversold.

People have panicked last year thats why the market is oversold. Just look at all those price drops for all major altcoins everytime bitcoin's price is down.

raven7886

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I think people got smarter about the news, people with money and fame tried to use the news places to make the movements they want and it was cheaper for them to manipulate the markets that way. Now people know this and that is why they are definitely trying to check the markets and the movements and not the news.

As you can see from the latest bull run we know that people realize what is the resistance levels and what is the support levels and how it could be used for our advantage in order to break them, as we learnt this it really helps us navigate the prices the way we want and we all want to increase the price, dropping the price only works out for the people who have short futures and now that we are capable of going up they are going to be less and less.

maydna

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Quote from: nur rochid on April 26, 2019, 03:31:10 AM

Quote from: d1ceplayer on April 25, 2019, 03:00:56 PM

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.

after stepping on a resistant area we can see the market is corrected and sufficient in falling. I think later the price will break the $ 6000 area and continue the correction before continuing the uptrend again

I hope so but still, we cannot predict with precision, and we need to be careful in the market. The price volatility will always happen, and without making analysis, we cannot see the chance to buy or sell.

We can take a breath for a while after what happened in the market in a few days ago and now, although we see the line is down, the market will increase again.

Bitcoin still in a good way to increase higher and maybe the price can break $6000 before the end of this month, so in the next month, the price will be strong than now to break higher price.

Botnake

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Quote from: Oceat on April 26, 2019, 07:02:46 AM

We are almost getting near to the bull run and this year lots of positive news happens. I think this is the end of the bearish market and a fresh start of the bullishness of the market but i can't stop thinking whether the bull run would occur this year or next year because a lot of good news happening this year. What more could we expect this coming year 2020?

News is only secondary now, unlike before where people easily react.
With too much manipulation news cannot sink in to the correct price, speculation,hype, FUD, and etc are playing the market.
The reason I believe the market is bullish now is because last year long bear market make the market oversold.

Oceat

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We are almost getting near to the bull run and this year lots of positive news happens. I think this is the end of the bearish market and a fresh start of the bullishness of the market but i can't stop thinking whether the bull run would occur this year or next year because a lot of good news happening this year. What more could we expect this coming year 2020?

upsidedown75

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Quote from: manfredmann on April 25, 2019, 05:55:36 AM

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.

Many cryptocurrency users that bought around the price of Bitcoin are still the luckiest and it is certain that there will be a big reward for their patience from now till next year, most of those investors have not stop investing, they have learnt the strategy of always investing at the dip and that is why they keep getting richer while some are just out there speculating the downfall of bitcoin back to $3000.

That opportunity of $3000 has gone and can never come again, we just have to learn to cope with the present price which will still bring a better profit too if we invest in the value now, rather than those creating FUD believing it will have effect on the market and dump the price back to $3000.

nur rochid

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Quote from: d1ceplayer on April 25, 2019, 03:00:56 PM

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.

after stepping on a resistant area we can see the market is corrected and sufficient in falling. I think later the price will break the $ 6000 area and continue the correction before continuing the uptrend again

PlusOne88

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You can't just make a speculation so accurate with different people doing investments. Some needs to be encouraged, some does encourage people to join, others are even doing nothing good but scam other people as well. With all these thing around, expectations wouldn't be so accurate but mind that there are so many people who do trust and use bitcoin and so it is expected that it will increase but as to how and when that would be a bit difficult to predict.

d1ceplayer

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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.

bitgolden

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Quote from: Yamifoud on April 24, 2019, 07:11:55 AM

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.

coinplus

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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.

manfredmann

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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.

Ranly123

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Quote from: cybersofts on April 20, 2019, 07:55:21 PM

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.

Kakmakr

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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. Tongue

okala

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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.

prtty2gal2

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Quote from: Vishnu.Reang on April 24, 2019, 12:19:10 PM

Quote from: Searing on April 23, 2019, 03:13:22 PM

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

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.

BitHodler

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Quote from: Vishnu.Reang on April 24, 2019, 12:19:10 PM

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.

Quote from: Vishnu.Reang on April 24, 2019, 12:19:10 PM

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? Lips sealed

GregH37

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Quote from: carter34 on April 23, 2019, 05:13:58 AM

Quote from: Adriano2010 on April 22, 2019, 07:39:04 PM

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.

Vishnu.Reang

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Quote from: Searing on April 23, 2019, 03:13:22 PM

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

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.

alyssa85

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Quote from: Vishnu.Reang on April 23, 2019, 12:20:25 PM

Quote from: iamMhew on April 21, 2019, 06:35:27 PM

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.

Topic: Bitcoin Sparks Imminent Crypto Bull Stampede with 44% Gains in 2019 (Read 414 times)