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Topic: Bullish trend has commence! - page 6. (Read 1198 times)

full member
Activity: 700
Merit: 136
February 14, 2019, 11:53:41 PM
After such a long bear market correction, the change in trend from bearish to bullish is going to be gradual and early stage of it is going to be hard to tell apart from previous bear market bounces. Only after some more time and a bigger price rise, the bull trend will become clearer to identify.  
full member
Activity: 1638
Merit: 122
February 14, 2019, 11:52:12 PM
Probably even the approval of etf isnt sure yet whether the trend can continuosly go beyond its price like before. Hoping that the bullish continue but of course dont expect it not to drop in some time since the market still at volatile situation.
You're right the space have suffered much more over the past year. ETF news might not do it but it could bring an end to the long bearish trend.

Etf news is only a news .  it cannot have a major impact on the prices of the coins but as of today i already see that the coins are now performing better compared yesterday  . i hope this can continue until the etf has been approved

meanwhile , the bullish market is slowly vanishing but this doesnt mean that a bull run can turn over .  this is only a sign for now  so better dont expect too much because too much expectation can kill you .
jr. member
Activity: 714
Merit: 3
February 14, 2019, 11:42:34 PM
Probably even the approval of etf isnt sure yet whether the trend can continuosly go beyond its price like before. Hoping that the bullish continue but of course dont expect it not to drop in some time since the market still at volatile situation.
You're right the space have suffered much more over the past year. ETF news might not do it but it could bring an end to the long bearish trend.
hero member
Activity: 2604
Merit: 816
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February 14, 2019, 06:15:26 AM
Yeah, but bitcoin its cant really break the $4000 resistance. we need to past this resistance first before going to the next level. Need some news to make the market reaction into the resistance.

No, I am sure soon bitcoin will break $4k resistance and still increase to the higher price. We need to wait for the next month, and I hope that it will happen. The news is only making people become panic and worry, and I am afraid that if people spend their time to read about the wrong news, they will make a fast selling bitcoin without thinking that the news is not right. We need more people to believe in bitcoin can increase at the right time.
full member
Activity: 630
Merit: 110
February 13, 2019, 08:38:33 PM
Prices have not moved too much from their lows of two months ago so the jury is still out on the start of new bull run.
sr. member
Activity: 1148
Merit: 409
Duelbits
February 13, 2019, 06:34:52 PM
Yeah, but bitcoin its cant really break the $4000 resistance. we need to past this resistance first before going to the next level. Need some news to make the market reaction into the resistance.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
February 13, 2019, 06:22:25 PM
#99
I just visit coinmarketcap now and all the coins are in green.  Since this year I think this is the single pushed we have had.  Investors are reacting to the news of about approve ETF by the sec.  I think now provide us another opportunity to buy bitcoin at cheap price again.
It is too early to tell if this is the beginning of bull run or at least a correction, it seems every single time we see a movement like this people get very excited but a bull run is not made of a single day of the prices going up, it is made of the price going up for months so I will not think much about the positive movement in the price until we can see the market can sustain this growth for an amount of time longer than a week.
hero member
Activity: 2940
Merit: 613
Winding down.
February 12, 2019, 03:24:54 AM
#98
Everything looks like the bear market is over, but I think we should be very careful. Whales can still try to manipulate and situations like from last days can only be a trap.
I also doubt that the current price bottom is the last one before the start of the real growth, the trap is quite real, although still I want to believe that it's over
Your opinion could be right as we don't see the future, there might be another bottom to come but let's just enjoy this little pump.
The whole market has grown in less than a week and it's a good sign, personally I'm hoping that this is the bullish trend we are looking.

When things like this happens, the bullish people then reacts and make their bullish prediction, recently I read an article from analyst Mitoshi Kaku saying that BTC will reach $5,000 this month, you can check the link for more info, it's a good read, maybe it would  change your prediction.

https://bitcoinexchangeguide.com/analyst-mitoshi-kaku-believes-bitcoin-btc-could-see-5000-usd-during-the-next-weeks/
full member
Activity: 448
Merit: 100
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February 11, 2019, 06:47:03 PM
#97
Everything looks like the bear market is over, but I think we should be very careful. Whales can still try to manipulate and situations like from last days can only be a trap.
I also doubt that the current price bottom is the last one before the start of the real growth, the trap is quite real, although still I want to believe that it's over
sr. member
Activity: 1106
Merit: 255
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February 11, 2019, 01:43:26 PM
#96
Everything looks like the bear market is over, but I think we should be very careful. Whales can still try to manipulate and situations like from last days can only be a trap.
copper member
Activity: 56
Merit: 0
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February 11, 2019, 01:31:35 PM
#95
I gotta say, the opinions of investors coming at different levels and therefore we will experience a resistance at those levels have a lot of points to be viable. I personally, forgot about all the investors that came in at different levels, that experienced tremendous stress from the downfall and will 110% try to sell and get out at 0% gains.
sr. member
Activity: 938
Merit: 250
The First Idle Defense Blockchain Game
February 11, 2019, 12:37:32 PM
#94
Your slogans are great and naive. But not many people believe it. Many have lost in the unstable crypto market. If this happens, you will have to wait for many years, perhaps decades. Are you ready?
I am sure to wait for years that no one will be prepared especially if they invest or trade for the short term and they happen to be trapped in a collapsing market. I am sure they will wait in the near future, when there is a slight increase they will panic to sell their assets in the hope of minimizing losses.
hero member
Activity: 3080
Merit: 603
February 11, 2019, 12:33:22 PM
#93
Unfortunately, not everything is so simple.
It should be remembered that there are holders who bought at the level of 6K, 7-8K, 10K ... Some of them will want to sell at their price. This will create a lot of resistance at these levels. Therefore, a return to the prices of 15K + will not be easy.
Don't forget those investors who bought during $20,000.

They have the hardest feeling now but regardless of what they feel and what they did. As long as we see the market starts to light up, we should be cheerful and don't think of any negative thing right now. Everything will be fine soon.
member
Activity: 350
Merit: 10
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February 11, 2019, 12:08:06 PM
#92
I think this kind of chart didn't give any clue about Bullish trend, this more like only a temporary hype, some momentum from Bittorent and some rumors about bitcoin that will be accepted. Honestly, this thing could be work now but since more people aware from previous event, i think we can use this chance to get more deposits. Buy the rumors, Sell the news.
member
Activity: 537
Merit: 12
February 11, 2019, 11:04:18 AM
#91
Bitcoin prices are still discounted and you still don't buy them? some people have started to buy it and are ready to jump bitcoin the current price is still 1% of the price that will be shown in the future bitcoin, Bitcoin will replace USD, bitcoin for the future,
bitcoin as a digital payment !!
Your slogans are great and naive. But not many people believe it. Many have lost in the unstable crypto market. If this happens, you will have to wait for many years, perhaps decades. Are you ready?
hero member
Activity: 2660
Merit: 551
February 11, 2019, 10:06:17 AM
#90
Ok, everyone settles down, because this is not a bullish trend but just a natural market reaction to the Bitcoin ETF news just a couple of days ago. Although its really a sigh of relief to see the price of most coins getting into green zone, but I wouldn't be surprise if the price goes on another red zone in the next couple of days, so just be careful and used your common sense before investing.
full member
Activity: 448
Merit: 100
February 11, 2019, 09:40:16 AM
#89
Unfortunately, not everything is so simple.
It should be remembered that there are holders who bought at the level of 6K, 7-8K, 10K ... Some of them will want to sell at their price. This will create a lot of resistance at these levels. Therefore, a return to the prices of 15K + will not be easy.
Even 4000$ is an extremely difficult barrier for BTC, Price of BTC is difficult to go up to 4000$ because buyers at this price will be ready to sell immediately and do not need to hold. For those who bought BTC at 6000-15000$, I think they have to wait 5-10 years to be able to sell them
jr. member
Activity: 252
Merit: 1
February 11, 2019, 08:29:05 AM
#88
Bitcoin prices are still discounted and you still don't buy them? some people have started to buy it and are ready to jump bitcoin the current price is still 1% of the price that will be shown in the future bitcoin, Bitcoin will replace USD, bitcoin for the future,
bitcoin as a digital payment !!
full member
Activity: 644
Merit: 100
February 11, 2019, 08:18:09 AM
#87
I just visit coinmarketcap now and all the coins are in green.  Since this year I think this is the single pushed we have had.  Investors are reacting to the news of about approve ETF by the sec.  I think now provide us another opportunity to buy bitcoin at cheap price again.
everyone is waiting for good things to come in 2019, so I am also waiting for my predictive analysis to be correct that at the end of 2019 the bearish bitcoin market will really end and I will see the next trend earlier this year

I don't think anyone would expect this bear market to continue to be around us. everyone clearly hopes that the bull can fly to us immediately and we can see a better market. now everyone is just waiting for that time, nobody knows when but they are all waiting for him.
legendary
Activity: 2674
Merit: 1226
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February 11, 2019, 08:13:06 AM
#86
Market up a bit in the past few day and is currently consolidating there
I think people who believe in crypto are currently accumulating and waiting for the next bull run

The next bull run gonna be very strong because we have more players and more hodlers
When more HODLers is there, supply is lesser on market
Thus, easier to make a full bull run
With the help of institution money, you gotta know how high can the market go

My feeling? This is just a temporary tiredness of the sellers. Remember we had so little volume last week, which as most normal analysts predicted, would lead to a sudden spike either way. It turns out, the spike is up. But remember even ETH had a long climb to $150 just in December (or was it January early?). And then went all the way back down almost to $100, along with Bitcoin.

Treat this as a lower high, for now.
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