BTC now above $5k, seem like its not just a pump? - page 2.

Siren

sr. member

Activity: 826

Merit: 265

Quote from: Yaunfitda on April 02, 2019, 11:21:48 PM

You spoke too soon mate:

Bitcoin price: $4,954.81

It seems that $5k, is the next obvious barrier that we can go get over. It we still have some steam going then we could go on another push in the next couple of hours if not then it will settled around the $47++. Not bad though, as the start of the week is really good as we have seen the price just went off. It's gonna be interesting what the reason though with the sudden price increase.

But we already break that barriers since bitcoin is now sitting at $5,000 level and holding now for several hours till now.i guess were on the bullish market because that more than $20 billion volume of trades only happen when bullrun is on the house

But what matters most is we seriously passed through$3,000 and $4,000 and if this continuously shows this dominan,then biull is now on progress

fasdorcas

hero member

Activity: 798

Merit: 527

Quote from: manok jepang on April 03, 2019, 11:23:48 AM

In my opinion this is not an upward trend for bitcoin, so from that it remains cautious to continue bitcoin investment. even though the price has reached $ 5k to date.

As you can see, reverse is the case, many people are even buying more because of FOMO from the bigger event, which long term investors will be waiting for BTC to rise slightly above $5500 with all these promising factors we have on ground that could accompany the value of Bitcoin to reaching $12,000, those must be small investors with little cash but the big time players in this industry are waiting for the price of Bitcoin to reach its ATH before they can even plan on trying to remove it and not to talk of a bottom price here. Every investor should better wake up from their slumber into reality and not miss out because of their fear.

manok jepang

full member

Activity: 776

Merit: 101

PredX - AI-Powered Prediction Market

In my opinion this is not an upward trend for bitcoin, so from that it remains cautious to continue bitcoin investment. even though the price has reached $ 5k to date.

Harlot

hero member

Activity: 1806

Merit: 672

I got a strong feeling that we will be having a strong test in resistance when we reach the 5,200$ level a break in this level if broken will just confirm that we are really in a bull run. Remember that the last time we visited the 5,200$ level BTC instantly got down to the 4,000 and 3,000$ level. For Bitcoin this might its biggest test and the whole crypto market is depending on the next price increase for the long awaited bull run to happen.

Capaldeus

newbie

Activity: 1

Merit: 0

on one hand, I do hope Bitcoin rises higher than ever before. on the other one, I wish it could stay low for a little longer so i could invest more hahahaha. I know it's going up eventually anyway. It sure has been interesting seeing the development ver the last days, but as others stated it is too soon to draw any conclusions. Roll Eyes

xvids

sr. member

Activity: 1176

Merit: 301

Quote from: Yaunfitda on April 02, 2019, 11:21:48 PM

You spoke too soon mate:

Bitcoin price: $4,954.81

It seems that $5k, is the next obvious barrier that we can go get over. It we still have some steam going then we could go on another push in the next couple of hours if not then it will settled around the $47++. Not bad though, as the start of the week is really good as we have seen the price just went off. It's gonna be interesting what the reason though with the sudden price increase.

I think we are now safe at $5k the price is playing at $4,9++ -$5,000 .
It would be great if this is the start of the bull market or if it isn't then let's just hope that it would stay there for long and wouldn't be dragged down.

vv181

legendary

Activity: 1932

Merit: 1273

I don't know why the context of the thread is more likely pointing to speculation instead of proper Bitcoin discussion. Anyway, With the recent pump, I feel like the community is like finding an oase, I don't know if it happens in this time or in the past, or maybe I haven't experience in it. Nevertheless, it makes sense since the community had experienced a long-lasting bearish run.

enhu

legendary

Activity: 2492

Merit: 1018

Quote from: denzkilim on April 03, 2019, 10:44:32 AM

I read some article about that price jump it is because of a $100 million dollars buy orders for Bitcoin in several trading platforms and some professional traders are also amazed at what just happened, I don't know if it is true but it does make sense on what just happened today. The price jump of Bitcoin is unbelievable and most of the altcoins got pumped too by Bitcoin's huge movement. If Bitcoin will continue this price progress it is not surprising if it hits $6,000 to $6,500 dollars within a 24-hour span. Cheesy

$100M per BTC would be too much to really gasp, probably not. Its just a wishful thinking of the famous guys in crypto like John Mcaffee. But I would say $6500 would be easy if this rise continues to next month and maybe even $10k by the year end. Altcoin gets dragged up too that's a good thing.

Vaskiy

legendary

Activity: 2646

Merit: 1106

DGbet.fun - Crypto Sportsbook

Whether it is an predicted growth or something a pumping, all has happened without any form of manipulation. This way it seems to be the right form of price increase. The price move over the falling few days will give a clear data about the market and the upcoming scenario. With the present situation I believe this form of growth will continue in a gradual manner throughout the month as a large scale growth is attained at the very first days of the month.

denzkilim

full member

Activity: 1218

Merit: 105

I read some article about that price jump it is because of a $100 million dollars buy orders for Bitcoin in several trading platforms and some professional traders are also amazed at what just happened, I don't know if it is true but it does make sense on what just happened today. The price jump of Bitcoin is unbelievable and most of the altcoins got pumped too by Bitcoin's huge movement. If Bitcoin will continue this price progress it is not surprising if it hits $6,000 to $6,500 dollars within a 24-hour span. Cheesy

Landak

hero member

Activity: 1386

Merit: 503

it seems that the expectations of the holders are starting to look bright BUT we don't know whether this is real bullish trend or just price manipulation, okay we all now has see the price already up. but how if suddenly it turns out next week back to the price of 4100 usd. who knows hmmm Huh

you can happy now if you are is trader or holder who use short-terms method you can sell it now or buy again, up to you.
Honest opinion, I still doubt if this is a real pump.

Adriano2010

hero member

Activity: 1414

Merit: 516

Maybe is not just a pump bitocin grow in short time to over 5000$ from 4100$ when i check last time and last week was also under 4000$, maybe now more people join crypto and buy bitocin now and will hold until bull run coming.

bxipp

full member

Activity: 630

Merit: 100

Quote from: klaaas on April 03, 2019, 10:06:56 AM

It took a shot on surprise and now we are in unclear waters if it will hold. Without 'big' drops it can be a new bottom for the upcoming time. It still seems bright. : )

Im hope this up trend will continue as we all need this so much. Cryptos still have hope to raise again this year. I wonder if bitcoin will surpass it on high this year. Who know the trend will continue rising again just like 2017. We all will hit a jackpot.

klaaas

hero member

Activity: 1568

Merit: 544

It took a shot on surprise and now we are in unclear waters if it will hold. Without 'big' drops it can be a new bottom for the upcoming time. It still seems bright. : )

tomahawk9

hero member

Activity: 2086

Merit: 994

Cats on Mars

Quote from: Haunebu on April 03, 2019, 01:47:19 AM

Bitcoin is hovering in the $4.5k to $5k range currently and I feel like it will stay in that range for quite sometime before breaking out again over $5k and heading towards the next big barrier($6k).

Actually, the price broke the 4.5k level during the pump to consolidate around 4.7k before shooting up again to test the 5k which is the price at the time of this post. So it's not like it's been fluctuating around 4.5k-5k.

About staying in these levels, that's what people thought yesterday when the price was stuck in the 4.7k range, and less then 12 hours later, it's sitting at 5k. So, we're at the point where it's very difficult to predict what the next stop is going to be, I've read some comments from people saying that we won't see too much resistance (or at least pull backs) in the 5k's meaning that we could be heading to 6k very soon which is definitely the next big resistance level.

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: BitBustah on April 03, 2019, 09:34:47 AM

$5k seems nice but you have to remember btc still needs to 4x to get back to the previous all time high. There is still a lot of room for growth and buying in currently is still a very good choice. Don't be surprised if we get a few more pullbacks on the run up to $20k this time.

We will eventually get there, but it won't be an overnight process. It's good that the price is really picking up in the last days or so. So obviously, lots of leg room but at least we are now heading on that direction. Of course there will be pullbacks along the way, but if this is really a bull run then it's gonna be difficult to contained or stop it.

Ziskinberg

hero member

Activity: 3010

Merit: 666

Quote from: Wafilian on April 03, 2019, 09:26:29 AM

last day I saw a big bullish candle and today Bitcoin continuing a bullish trend. I think this breakout validated. now I hope Bitcoin price goes to 5800/5900 then we see a correction. It's just thought don't take it seriously Grin

We will be seeing it, it's still very bullish now and I am enjoying the market movement.
Those who constantly check the market, this is your time, just keep looking at BTC price as anytime it could jump high again.

We did not expect that after the April fools where we really enjoy here, BTC will have a big pump, I thought it's too early but now I realize it's just right.
Just like the old days, we didn't see it coming.

BitBustah

hero member

Activity: 1218

Merit: 534

$5k seems nice but you have to remember btc still needs to 4x to get back to the previous all time high. There is still a lot of room for growth and buying in currently is still a very good choice. Don't be surprised if we get a few more pullbacks on the run up to $20k this time.

CoinCodex

jr. member

Activity: 314

Merit: 6

Can Bitcoin break the $5K resistance level? Read more in this technical analysis article:

https://coincodex.com/article/3352/bitcoin-price-analysis-btc-rally-continues-the-attempt-to-close-above-5000/

Wafilian

member

Activity: 345

Merit: 13

Hard work is the most important key to success.

last day I saw a big bullish candle and today Bitcoin continuing a bullish trend. I think this breakout validated. now I hope Bitcoin price goes to 5800/5900 then we see a correction. It's just thought don't take it seriously Grin

Topic: BTC now above $5k, seem like its not just a pump? - page 2. (Read 733 times)