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, 06:21:18 AM

Quote from: Oceat on April 26, 2019, 06:02:46 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, 02:31:10 AM

Quote from: d1ceplayer on April 25, 2019, 02:00:56 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, 06:02:46 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, 04:55:36 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, 02:00:56 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, 06:11:55 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, 06:55:21 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, 11:19:10 AM

Quote from: Searing on April 23, 2019, 02:13:22 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, 11:19:10 AM

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, 11:19:10 AM

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, 04:13:58 AM

Quote from: Adriano2010 on April 22, 2019, 06:39:04 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, 02:13:22 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, 11:20:25 AM

Quote from: iamMhew on April 21, 2019, 05:35:27 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.

dothebeats

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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.

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Quote from: Vishnu.Reang on April 23, 2019, 11:20:25 AM

Quote from: iamMhew on April 21, 2019, 05:35:27 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.

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.

Kevin77

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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.

Searing

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Clueless!

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

tomahawk9

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Quote from: Vishnu.Reang on April 23, 2019, 11:20:25 AM

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.

Crypdon

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

rizkyhiw

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Quote from: Vishnu.Reang on April 23, 2019, 11:20:25 AM

Quote from: iamMhew on April 21, 2019, 05:35:27 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.

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.

Vishnu.Reang

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Quote from: iamMhew on April 21, 2019, 05:35:27 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.

alisafidel58

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Quote from: iamMhew on April 21, 2019, 05:35:27 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.

Like what they did in the past 2017 when there was a huge Bullrun and those who manage to join the bandwagon easily lost their investment. Bitcoin investors nowadays have learned in the past, well some of them are still clinging to the coin that they bought around 18k-20k. The rapid downfall of the price that happened in 2018 is still being heard up to this day that's why the new investor is taking caution when investing to bitcoin.

kaya11

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Now we just need for the Big Players in the market to get on the boat. It is slowly getting to what I expected, maybe we can reach 6k USD before the months'd end? I am alredy packed up and my savings are ready, just gonna have to go and buy more of Bitcoin. The bullrunwill start any time sooner that expected, hodl guys!

carter34

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Quote from: Adriano2010 on April 22, 2019, 06:39:04 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.

tippytoes

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Quote from: Kevin77 on April 21, 2019, 01:13:46 PM

You created a topic called 44% gains, than you have written on your initial post how it went up in 44% then you listed it as 39%, why is that ? Has the price changed while you were writing or something ?

I mean bitcoin is not based on something like some of the other ones you mentioned, oil for example literally helps world go around because without oil we would have to rely on alternative energy and we are not there yet, we are trying to be but not yet.

Gold and all that is also valuable for the past 3000+ years. Bitcoin however out-profiting nasdaq and nyse really makes me happy because after all that is what we should be going against, stock markets are shady and doing business in the most illegal way ever while still getting away with it whereas bitcoin is the most pure form of money and it should be of course out
performing them.

Yes, the OP should be consistent with the title and the content of his post. But saw at the very beginning of his post where 44% is coming from. Bitcoin is gaining traction even for ordinary users because of the benefits that it brings to them (i.e. convenience, tx fees in remittance, etc.). So it is not surprising that there will be such increase of price in the crypto market.

Quote from: cybersofts on April 20, 2019, 06:55:21 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%

Adriano2010

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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.

iamMhew

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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.

Kevin77

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You created a topic called 44% gains, than you have written on your initial post how it went up in 44% then you listed it as 39%, why is that ? Has the price changed while you were writing or something ?

I mean bitcoin is not based on something like some of the other ones you mentioned, oil for example literally helps world go around because without oil we would have to rely on alternative energy and we are not there yet, we are trying to be but not yet.

Gold and all that is also valuable for the past 3000+ years. Bitcoin however out-profiting nasdaq and nyse really makes me happy because after all that is what we should be going against, stock markets are shady and doing business in the most illegal way ever while still getting away with it whereas bitcoin is the most pure form of money and it should be of course out
performing them.

hugeblack

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If we want to look at it from a broader perspective, the price has risen more than 10,000% in 10 years, compared with the rest of the assets will lead to wrong results because this technology is new.

The last rise was due to a drop to 4000 after it was above 6000 due to the manipulation of some forks "SV & BCH."
The price is now growing slowly and at a fast pace so it is likely to return to $ 6000 soon.

markus124

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I feel that the truly BULL RUN will start in 2020 since we are getting close to the halvening. Besides people will have to pay taxes early 2020 and i imagine the price declining but after that we could have a massive BULL RUN. It doesnt matter tho. You just need to hold does BTC strong and try to increase your stash!

maianh09

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Based on your list, I found that Bitcoin has a better growth rate than all other industries. I believe that with the current growth rate Bitcoin will continue to increase strength and leave other competitors in the investment sector. This will affect the investment trend of investors, and I believe Bitcoin will soon get significant investments.

Sithara007

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We need to remember that the exchange rates had fallen 85% from the ATH reached way back in 2017. Even at current levels, we are more than 70% down form the peak levels. I would say that it is too early to brag about this rise, as we don't even know if it can sustain on its own. Our first target should be $10,000 per coin, but as you can see there is a long way to go, before we reach there.

Quidat

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Quote from: leea-1334 on April 21, 2019, 05:05:01 AM

I would not be overly happy with this news. Already 44% seems a struggle, and we were helped along by the magical and mysterious 20% increase in one day after April Fools, so let us not forget it was already a huge climb, with a lot of effort already put in. To go higher needs even more effort from more people, and they are so many people waiting as sellers to take instant profit at $6000 (2x value from $3000). Who would not want that in a few months right?

With that mysterious 20% rise after April fools day isnt really called an effort.We didnt even know on what are the things do trigger out that price rise.There are some reports like those 20k
buy orders on different exchange but i do say it isnt really enough a reason for such double digit rise on a short span of time.Anything can happen either it do increase even more on next months to come or even on next week or days.We wont know.

leea-1334

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I would not be overly happy with this news. Already 44% seems a struggle, and we were helped along by the magical and mysterious 20% increase in one day after April Fools, so let us not forget it was already a huge climb, with a lot of effort already put in. To go higher needs even more effort from more people, and they are so many people waiting as sellers to take instant profit at $6000 (2x value from $3000). Who would not want that in a few months right?

Bitinity

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So what about your opinion OP? You are sharing a news only without giving a single word to say about the news on ccn.
I do even think that bitcoin should not be compared to other assets as the volatility of bitcoin is much more higher than other assets. It may get dumped crazily and pumped crazily without any prior notice unlike the other assets where the price movement is more stable.

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Quote from: Botnake on April 20, 2019, 10:32:06 PM

If we will stop at the current price it will be good, but knowing bitcoin and crypto, dump could also happen.
I'm optimistic but I'll remain realistic, anyway this news is good, and hopefully we will continue to be bullish and new investors will be attracted putting their money in crypto.

Am not expecting any kind of dump anytime soon since Bitcoin is slowly rising in value in an organic manner and this is not some kind of FOMO rally. Instead, Bitcoin will continue to grow and record even higher gains in 2019 setting it up for a huge bull run(Probably) in 2020.

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Quote from: cybersofts on April 20, 2019, 06:55:21 PM

Year-to-date, the bitcoin price has increased by 44 percent against the U.S. dollar from $3,700 to $5,320,
2019 Returns...

you can't say it is a "yearly" return in 2019 but only use the price of the past couple of weeks.
the lowest price that bitcoin reached was about $3100 and the highest was $5500. and it stayed around $3100 quite some time so it was the accumulation place and should be used as the bottom price to calculate the returns which makes it about >75% return

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Quote from: Botnake on April 20, 2019, 10:32:06 PM

If we will stop at the current price it will be good, but knowing bitcoin and crypto, dump could also happen.

Anything can happen with bitcoin and there is no telling if bitcoin is going to remain on that list by year's end. From the looks of it, there must be a lot of money out there floating around which investors are using to inflate all of these assets. If interest rates start to rise, watch out.

Quote from: Ailmand on April 20, 2019, 07:20:32 PM

Let's just hope that BNB could really help the whole crypto market as how ethereum did on the last bull-market.

Call me an ignoramus, but how is BNB supposed to do that? I also don't recall ETH doing much of anything except increasing in price in step with bitcoin.

Thanks for the cheery report, cybersofts. Though I may come off as a grump, I am enjoying the renewed interest in bitcoin and its sharp rise.

Botnake

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If we will stop at the current price it will be good, but knowing bitcoin and crypto, dump could also happen.
I'm optimistic but I'll remain realistic, anyway this news is good, and hopefully we will continue to be bullish and new investors will be attracted putting their money in crypto.

Ailmand

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It is really difficult to speculate what could happen next to thw market. The market had been swinging up and down and recovering in a slower pace. This is better than how the market was last year where the market had constanly stayed stale.

Let's just hope that BNB could really help the whole crypto market as how ethereum did on the last bull-market. It's difficult to speculate the market, so let's just sit and wait and be ready for what is coming next.

cybersofts

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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

Topic: Bitcoin Sparks Imminent Crypto Bull Stampede with 44% Gains in 2019 (Read 442 times)