Bullish trend has commence! - page 7.

mornabo

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Quote from: Milamol on February 11, 2019, 01:56:49 AM

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.

I think so, not as easy as that, price can return to that position, especially with market conditions and psychological conditions from investors who are still traumatized, of course it takes a lot of process to reach that price again. bullish has not started yet, but I'm sure bullish will happen this year

piebeyb

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Bitcoin Trader

Quote from: omonuyak on February 08, 2019, 12:53:06 PM

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

Caladonian

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Quote from: campusnet on February 11, 2019, 03:11:11 AM

Quote from: Milamol on February 11, 2019, 01:56:49 AM

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.

those who hold assets when expensive prices will surely expect the current price to return to their prices. but if it doesn't happen I think doing a sale of assets now and buying it again if there is a decrease is a way to return capital rather than having to wait in the hope of not knowing when.

This is too risky as we don't know what's the dip and there's always chances that it can go deeper, better to reassess as you needed lots of patiences
and more practices before dealing with shorting the market, though it's really a good strategy in somehow if you master or you already have a good
exposures and knowledge.

Needs to be very observant while deciding what particular strategy to use, some might work but more or less it won't placing your investment to
more risky status.

CryptoAssasin

jr. member

Activity: 308

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Those investors who missed buying bitcoin at $3400 missed this rare opportunity when thr price which also applies to most altcoins. The price reacts depending on the investors reaction with those news went out lately which are all good for adoption. This is a normal cycle which happens all the time so we better be careful with this pump because we will never know if it is a positive break out or a bull trap.

Viscore

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Live with peace and enjoy life!

Quote from: campusnet on February 11, 2019, 03:11:11 AM

Quote from: Milamol on February 11, 2019, 01:56:49 AM

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.

those who hold assets when expensive prices will surely expect the current price to return to their prices. but if it doesn't happen I think doing a sale of assets now and buying it again if there is a decrease is a way to return capital rather than having to wait in the hope of not knowing when.

I would do that if I believe there is another decreased, but what I believe now is we are going to the road to recovery.
Gone are the days that the price will continue to get dumped by the weak hands, a little showing of bullish run is very vital and we've seen that in the past few days. So, even it's just a little run, but this already gives us a big inspiration to continue to hold as sooner the bull run will start.

campusnet

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Activity: 481

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Quote from: Milamol on February 11, 2019, 01:56:49 AM

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.

those who hold assets when expensive prices will surely expect the current price to return to their prices. but if it doesn't happen I think doing a sale of assets now and buying it again if there is a decrease is a way to return capital rather than having to wait in the hope of not knowing when.

Cnut237

legendary

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Quote from: omonuyak on February 08, 2019, 12:53:06 PM

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.

I'd disagree with this. The SEC thing was more of an acknowledgement that an ETF would be approved at some point in the future. It probably did have an effect on price, but this is not a new bull run. We need a lot more than prices turning green - we have dropped from over $800 b market cap to just over $ 100 b. A rise to $120 doesn't signal a bull, we'd need much much more to break out of this. I'd say back above the support level that held last year might be enough, so we'd then be needing a cap of about $250 b.
I do think we'll have a bull run this year, but I think it's premature to say it has started now.

Milamol

member

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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.

puremage111

hero member

Activity: 1568

Merit: 511

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

gensol

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What if ETF never gets approved some days in January we saw green for a long time what followed was paintings of red until the market psychology changes the bear run still holds.

patz22

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Quote from: Levyathan on February 09, 2019, 09:09:20 PM

I don't think it is a signal of bullish trend in this situation since there will be such no tolerance if there are dumps again, if it dumped, people would still selling bitcoin to 1000$

I think this just a sign of another dump. This is the same scenario last year almost every month wherein we hoped of having bull run then bear will win. Tbis is the perfect time for quick trades and ger the most of it.

Vaculin

hero member

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Winding down.

Quote from: nizamcc on February 09, 2019, 12:17:16 PM

I am not sure that bitcoin will be able to return its price positions in the future. Most likely bitcoin makes the last speculative attempts.

We are all not sure because we don't know what will happen in the future.
However it's now only based on our prediction and my prediction is that we are going to surpass the ATH again but it's not gonna
be fast and easy like in the past. We've reached the ATH in a just a short period of time but the correction takes a long period.

Although the future is always uncertain, but we should trust on what we think will happen, and that our mindset should always be bullish.

michellee

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Quote from: Levyathan on February 09, 2019, 09:09:20 PM

I don't think it is a signal of bullish trend in this situation since there will be such no tolerance if there are dumps again, if it dumped, people would still selling bitcoin to 1000$

Let see what will happen later but at least, we can have a chance to sell at a higher price. And if the dumps happen, then I think people will make a queue to buy bitcoin at the lower price. I am not sure if the price can go down until $1000, but anything can happen in the crypto world so I guess that we need to prepare for the worst thing that might happen later.

Levyathan

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I don't think it is a signal of bullish trend in this situation since there will be such no tolerance if there are dumps again, if it dumped, people would still selling bitcoin to 1000$

ansi

sr. member

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Quote from: Minecache on February 08, 2019, 02:03:41 PM

Quote from: ansi on February 08, 2019, 01:58:28 PM

Don't get excited man, this is not new NEWs, if people keep saying it's manipulation during the bear market (which is indeedà), i won't say this is not some kind of manipulation too.

Some wallets have like thousands of BitCoins & thy need to cashout sometimes, it's enough for them to make some decent BUY orders to make it look like FOMO i going on.

As a swing trader or investor, you can't judge the market by a one day trend, you'll nee more than that, you'l need Supply & Demand one (AKA support & resistance) to be broken first to start talking about new trend (whether Bearish or Bullish).

My point is, it's too soon to judge it's the beginning of the Up Trend Wave, too soon for that, but make you cash ready for sure.

Yeah, it's all about FOMO. I know what people feel after a few weeks without volatility. Everybody expects instant "tothemoon" to $5k, so many passengers try to get in this rocket. But most often it turns out to be only another bull trap.

Perfectly said mate, that's what's all about most for the time for most of the people, once they get burned they call it SCAM or Bubble, but this is the reality, this is how price waves works, market prices works, it needs time & no one knows when it gets back to ALH again, probably years to reach those points again.

What happened last January 2018 wasn't a healthy market at all, prices shouldn't rise that way in like couple weeks, it wa insane move which ld eventually to fast crash.

nizamcc

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I am not sure that bitcoin will be able to return its price positions in the future. Most likely bitcoin makes the last speculative attempts.

Felipeo

sr. member

Activity: 476

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EOSABC

It's just a start and some rumour around the market. Hope that it will be a big bull run. The eft rumours are all around the corner and investors and general people just reacting to it. But we have to cross 3800 resistance for long run and there is a very tough resistance at 4300-5000$ mark. If we are able to cross this resistance we will see a great run. But I believe that there is nothing in price if you have love for this project and the crypto world you will just stay whatever happens.

dirgayeah

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Quote from: omonuyak on February 08, 2019, 12:53:06 PM

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.

yeah if (ETF apporved by SEC) , it will give influence to bitcoin price and the other's. but it still on progress. so now it's a great chance to buy all of them because bull run will start on 2020 after halving.

supine

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Quote from: omonuyak on February 08, 2019, 12:53:06 PM

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.

Well the market had recovered a little. However, it is too early to say that this will trigger another bull-market since we had seen the market green a lot and suddenly drops after a few days or weeks. Let's just wait and see what is happening next.

ceetoo224

copper member

Activity: 112

Merit: 0

Is this the real bull run? Or just something hype again created just to trap investors? I think I should wait first further to ensure the bull market has arrived then Lets do the party out here.

Topic: Bullish trend has commence! - page 7. (Read 1198 times)