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Topic: BTC $3700 Reflection of bull run? (Read 919 times)

member
Activity: 434
Merit: 18
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
December 20, 2018, 06:44:32 PM
I won't think that this is a bull run. If you check the exchange, the volume is really not that high and the circulation is not that high as well. If you remember the last bull run, you will know how it is on the exchanges. That is were I base if its a bull run already or a slight increase. Let's be glad that bitcoin is recovering and hope that it will not go down the same way as Ethereum.
member
Activity: 314
Merit: 11
I'm not investor
December 20, 2018, 06:39:45 PM
I think bitcoin will tester at <$3100, I call this situation is a bull trap. save your money to prepare whatever bitcoin will do Smiley
Buy at a red flag, sell at the green flag Smiley
jr. member
Activity: 364
Merit: 2
December 20, 2018, 06:21:27 PM
BTC has recovered from $3200 to $3700 in few days and shown recovery of $500 is it a reflection of bull run because it has a stronger base near $3200 level .
And if you are now in trade you can see the price of Bitcoin is already at 4110 $ and this growth is very good. I believe that the crypto-coin market will have a very large surge. So as an investor and holding a coin will get a big profit.
full member
Activity: 700
Merit: 100
December 20, 2018, 06:15:37 PM
I think the bullrun market will come soon and now the condition has shown a movement that is entering a positive trend because the price of bitcoin has also increased quite high and is around the level of $ 4100.
I really hope this situation will continue throughout the end of the year and the price can slowly increase to a higher level.
sr. member
Activity: 882
Merit: 251
December 20, 2018, 06:12:39 PM
I hope this is the start of reflection of bull run and not a bull trap for all users. Actually I cannot assess if this time the market will turn to an increase price. But at this time I can see a good signs and hope for btc that in time it can recover hopefully.
sr. member
Activity: 784
Merit: 250
December 20, 2018, 06:09:35 PM
The series of good increases these past days is a sign that bitcoin is building up momentum and is ready to take off towards bull run. The much awaited bull run investors are longing for is now a most-likely event next year. Now, there is a good reason to hold.
sr. member
Activity: 1092
Merit: 250
December 20, 2018, 06:08:59 PM
BTC has recovered from $3200 to $3700 in few days and shown recovery of $500 is it a reflection of bull run because it has a stronger base near $3200 level .

and now the price of bitcoin already surpass $4000 and maybe now is the right time to enter the market of cryptocurrencies,,
full member
Activity: 2520
Merit: 204
December 20, 2018, 06:07:08 PM
That's true it's a sign for bitcoin good signal for another bull run
But we need to be carefull because hoping this sign of bull run not only for this holiday season
Hope this the end of bear market for crypto currency
member
Activity: 350
Merit: 10
Loyalty Programs on Blockchain
December 20, 2018, 06:04:36 PM
I want to hope that at the moment the market has turned and a bull trend has come. But many analysts say it could be a trap.
legendary
Activity: 2436
Merit: 1362
December 20, 2018, 06:03:40 PM
I also believe that it is just a correction of a dump. New dump will approaching approx at 28 of December on futures closing. I don't expect up trend movement till the end of the year.

I would be inclined to wait for the next dump also. There will be sell orders
kicking in soon as people who bought low will be taking profits.
There will be people buying now out of FOMO when the time was earlier
in the week when a lot of people were waiting for Bitcoin to go to 1K.
The markets rarely keep going up though.
full member
Activity: 728
Merit: 110
December 20, 2018, 06:01:40 PM
I also believe that it is just a correction of a dump. New dump will approaching approx at 28 of December on futures closing. I don't expect up trend movement till the end of the year.
full member
Activity: 602
Merit: 100
December 20, 2018, 05:56:05 PM
BTC after being  in the range of $6.4 -$6.7 k range for 280 days has crashed to $3k. It is normal that some recovery has started but it does not mean bull run. Long way to go till bull run, but these are good signs.
jr. member
Activity: 168
Merit: 1
December 20, 2018, 04:48:13 PM
I think that we will not see bulls in the market soon. Perhaps the growth of cryptocurrency will start in 2021
member
Activity: 378
Merit: 11
December 20, 2018, 04:45:09 PM
BTC has recovered from $3200 to $3700 in few days and shown recovery of $500 is it a reflection of bull run because it has a stronger base near $3200 level .

I would like to hope that this is a new and long-term growth, but most likely it will be a reflection and after a short growth we will again go to the bottom.
legendary
Activity: 2492
Merit: 1018
December 20, 2018, 10:58:35 AM

Everyone is watching the prices of coins, the slight rise of price is a good indication. Many will soon follow and buy back.
It will prove to the non believers of BTC that cryptocurrency is here to stay and will dominate in the future. We are in the digital era and crypto is the way to go. The blockchain will eventually rule.
sr. member
Activity: 1344
Merit: 270
December 20, 2018, 08:33:00 AM
BTC has recovered from $3200 to $3700 in few days and shown recovery of $500 is it a reflection of bull run because it has a stronger base near $3200 level .

Until now BTC grew to 4K I was happy to see it. and maybe this growth only has a transient nature, but if you see an indication that no one can reduce it in the near future, some new rumors strengthen growth occur I think short trading is more efficient to bring profits
full member
Activity: 448
Merit: 103
December 20, 2018, 08:25:41 AM
BITCOIN at 4000+ now and that is the real bull run stating in the market.
If this run will hit 4,500 within 24 hours from now it will be the declaration of the REAL BULL RUN!
If BTC will fall 3,800 after 24 hours then we are on trap again.
full member
Activity: 602
Merit: 107
December 20, 2018, 08:24:06 AM
BTC has recovered from $3200 to $3700 in few days and shown recovery of $500 is it a reflection of bull run because it has a stronger base near $3200 level .

I doubt that the Bitcoin price will drop further.

Check out this video by Altcoin Buzz analysing the current market sentiment and news:
https://coincodex.tv/videos/537/is-the-crypto-bear-market-finally-over
copper member
Activity: 196
Merit: 0
December 20, 2018, 08:22:18 AM
BTC has recovered from $3200 to $3700 in few days and shown recovery of $500 is it a reflection of bull run because it has a stronger base near $3200 level .

I guess at the moment, there are many whales now pursuing to buy the dip of the bitcoin. It is a good indication that bitcoin is now in a recovery stage and we should hope the best in few moments, so, the good thing now is to buy with the whales!
jr. member
Activity: 266
Merit: 1
CurioInvest [IEO Live]
December 20, 2018, 07:46:52 AM
#99
Once again, I am convinced that the market is volatile and growth is replacing a strong decline.
This is exactly what happened with Bitcoin, and I see that now it is starting to rise and maybe this big growth will continue in 2019.
I hope that the market will soon recover quickly and everyone will get the desired result.
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