Topic: Crypto Market ‘Bullish’ in Wake of Bitcoin’s 20% Surge - page 5. (Read 915 times)

We can't change the way they think, they certainly have their own opinion.
Holding our coins is a good strategy, in fact I can confirm this is working, and this market is full of surprises, so we have to stick on what we are up to.
The bullish market might come or not, but eventually at the right time it will come.

We can't change the way they think, they certainly have their own opinion.
Holding our coins is a good strategy, in fact I can confirm this is working, and this market is full of surprises, so we have to stick on what we are up to.
The bullish market might come or not, but eventually at the right time it will come.

Its hilarious how fast opinions change.  We go through a very small dip and now people are calling for 3k prices again. Lol, this is why the best strategy is to just buy and hold and don't even concern yourself with all this nonsense.

We all know what happen if the same massive climb happens in this year rally,. it will be followed by another massive dump.

This moderate surge is better to create a steady momentum and price growth.

The question is whether this surge can be sustained or not. If the demand is not there, then it may not be possible to hold on to these prices. Also, another thing to remember here is that the exchange volumes are still no way near those we had during the 4th quarter of 2017.

Cryptocurrency prime dealer SFOX released its monthly volatility report this week, and while it is not all plain sailing for the crypto market the indicator clearly affirms that this week’s massive Bitcoin price rally was built on a firm foundation.


SFOX: Low Volatility and Rising Investment Bolster Crypto’s Bull Case


The crypto market remains “mildly bullish” heading into April. | Source: SFOX

According to SFOX, the crypto market remained “mildly bullish” heading into April. In March, the main fundamentals were low volatility and increasing investment. Similar to February’s report, SFOX was encouraged by the continuing investment in cryptocurrency infrastructure despite Bitcoin’s sideways trend.

    “At the same time that crypto volatility was decreasing, reports told of major companies like Visa and Facebook investing in crypto technologies. This reinforces the narrative that the industry as a whole is continuing to mature, attracting the attention of more institutions as infrastructure improves.”

Maturity is a big deal for an asset class that wants to become a widespread medium of exchange. Of the two corporations mentioned, the involvement of Visa is possibly the most interesting. Naturally, they have the most to lose from not evolving to the threat from Bitcoin. If Visa sees applications for cryptocurrency, this is a tremendous affirmation of the “usefulness” case argument.


Reference: https://www.ccn.com/crypto-market-bullish-in-wake-of-bitcoins-20-surge

this is the beginning of q2 this year and the bitcoin value shows a significant increase of 20%. this is a good start and if it can continue to q3, it is not impossible that the end of the year will exceed the end of 2017.

Still far from that level and most of the achievers might be cashing out by now, the good thing is bitcoin still trying to hold on its ground and we are not
experiencing any massive dumped where the value fall too much, if this will continue and additional investors to come forward, recovering stage will continue to prosper and possibilities to have a good bull momentum will happen.

Still far from that level and most of the achievers might be cashing out by now, the good thing is bitcoin still trying to hold on its ground and we are not
experiencing any massive dumped where the value fall too much, if this will continue and additional investors to come forward, recovering stage will continue to prosper and possibilities to have a good bull momentum will happen.

In May 2017 Bitcoin was worth U$ 1200.

That's 433% in 2 years.

In the meantime the fiat markets are fighting over 30 year Treasury yield curves of 2% a year. You need 216 years in Treasuries to earn what Bitcoin paid in 2 years.

Let that sink in for a moment.

Mildly bullish is a bit of an understatement. It has risen a lot this past week and managed to push itself into the recovery zone. A break back to the $6500 stable levels will guarantee it's survival and it can take a new status i.e 'recovered'.

Mildly bullish is a bit of an understatement. It has risen a lot this past week and managed to push itself into the recovery zone. A break back to the $6500 stable levels will guarantee it's survival and it can take a new status i.e 'recovered'.

We all know what happen if the same massive climb happens in this year rally,. it will be followed by another massive dump.

This moderate surge is better to create a steady momentum and price growth.