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Topic: Crypto Market ‘Bullish’ in Wake of Bitcoin’s 20% Surge - page 6. (Read 932 times)

full member
Activity: 1442
Merit: 116
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The crypto bull is expected because bitcoin is the leader and has made some profit, so every other coin will follow from that. Therefore, I'm not surprised that exactly that is what is happening.
Just Bitcoin was the leading coin was not the major reason for the bullish market because the genuine reason was the strength of resistant to dump which Bitcoin was the reason why investors and trader decide to hold more Bitcoin than altcoin which literally to the bullish movement of Bitcoin price.
it is inseparable from the influence of bitcoin on other altcoins. besides that with the biggest marketcap, of course bitcoin is the main choice for investors to put their funds. especially with the current increase, of course the closest hope is to be able to penetrate the resistance above
hero member
Activity: 2268
Merit: 579
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The crypto bull is expected because bitcoin is the leader and has made some profit, so every other coin will follow from that. Therefore, I'm not surprised that exactly that is what is happening.
Just Bitcoin was the leading coin was not the major reason for the bullish market because the genuine reason was the strength of resistant to dump which Bitcoin was the reason why investors and trader decide to hold more Bitcoin than altcoin which literally to the bullish movement of Bitcoin price.
member
Activity: 616
Merit: 11
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'.
legendary
Activity: 1386
Merit: 1058
That is the thing about bitcoin, it all starts with just one move. If you see the price at 20k and than it moves to 18k you know its going to keep going down. If it stays at 3.5k and then doesn't move anywhere you know its not going to move anywhere. If you see it go up than you see it keep going up as well.

Basically, when bitcoin does a move to any direction, its never a small one, it keeps moving to that direction until that direction can't be sustained at all, like when going up 20k was the limit and we couldn't move beyond that, I mean we wanted to but we couldn't so this is the same, this time we will try to go as high as possible again and we will do it as much as we can afford , not just a small tiny increase, just full on big increase that all our efforts combine can help us reach.
member
Activity: 361
Merit: 17
Mildly bullish, I guess it's an accurate description of what is currently happening now.
Price is increasing so we can still expect that there will be higher increase to come since we are not full bullish yet.

Will probably be waiting for that time.
Yep, i do think that "Mildly bullish" is the suitable illustration to the current market. Especially, it shows our big expectation of a bull runs, even the increase is not too much, it's alright and it has been pleased many of us. To say frankly, the rising is setting the tone for the reason that my holding decision is completely accurate. With the current situation, the market shows a continuously slight increase. Although nothing can say for sure in the crypto market, still i believe that bitcoin will soon have a breakthrough again in 2019.
full member
Activity: 644
Merit: 117
swing!
Nothing much convincing facts that support the sudden surge for me, no major adoption or real dataset supports the insane 20% pump, it's either a miracle outbreak or simply shady injection that profits from other coin pumps by placing huge orders on bitcoins.
full member
Activity: 742
Merit: 144
Looks more like a calf market to me, with moderate surge rather than massive climb we saw in 2017. I really don't see any reason for bitcoin to see that kind of growth this month.

I guess enjoy it while last? If you bought around 3k, just a few more hundreds would already be a nice exit.

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.
That's true, after this pump there will be another corrections but i believe that would be on a higher price. Its too early to be pessimist, we are just starting to pump and until now there is no confirm uptrend so better to thing for the possible pump first before thinking for a dump. The market wake up, but the bull is still waiting for the time it will finally come unexpectedly so wait for that. We are on the second week of April, let's see the trend this week patiently.
copper member
Activity: 294
Merit: 0
yes, I also think that now Bullrun is almost here, because now the price of bitcoin also has a better surge, so I'm sure the price will also be higher in the near future
hero member
Activity: 1316
Merit: 514
Looks more like a calf market to me, with moderate surge rather than massive climb we saw in 2017. I really don't see any reason for bitcoin to see that kind of growth this month.

I guess enjoy it while last? If you bought around 3k, just a few more hundreds would already be a nice exit.

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.
hero member
Activity: 1764
Merit: 584
Looks more like a calf market to me, with moderate surge rather than massive climb we saw in 2017. I really don't see any reason for bitcoin to see that kind of growth this month.

I guess enjoy it while last? If you bought around 3k, just a few more hundreds would already be a nice exit.
full member
Activity: 364
Merit: 127
In this article, I disagree with SFOX. they only offer positive views on BTC prices but do not talk about purchasing power and other related factors. When the market surged unexpectedly, I was quite worried. because it doesn't have much news for this legitimate price increase. I'm quite worried about this. Perhaps I will stop investing at the present time because I cannot direct the direction of the market.

No one can really tell the direction of the market. No need to be worried about the situation and we are profiting from this mildly bullish market. What other factors are you looking for with the current situation?
member
Activity: 784
Merit: 10
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In this article, I disagree with SFOX. they only offer positive views on BTC prices but do not talk about purchasing power and other related factors. When the market surged unexpectedly, I was quite worried. because it doesn't have much news for this legitimate price increase. I'm quite worried about this. Perhaps I will stop investing at the present time because I cannot direct the direction of the market.
member
Activity: 420
Merit: 10
Huge price increases on a solid foundation? I do not believe in that. It seems that this is the whale's now, they want traders to buy more BTC and then make BTC's price plummet to $ 4k.
in 2018 there were too many such developments and I was on guard. I trade bitcoin with a profit target ranging from 5-9%. Don't be greedy at this point, we won't know what's ahead.
legendary
Activity: 3066
Merit: 1312
Looks like more news i read that bitcoin will hit 50,000$, but we can't be sure of nothing and to reach 50,000 will take a lot of time, and maybe this is just an exagerated prediction, but i really want to see that price for bitcoin if possible.

This is the site where i read the news
https://oracletimes.com/bitcoin-btc-to-surge-to-50000-due-to-a-parabolic-bull-run-says-expert-who-predicted-the-2018-btc-fall/

I can say that it is not a news, it is a prediction only. I believe this kind of prediction which is being published in crypto news website or other economics news sites is to attract people to invest in bitcoin. If many people believe with the prediction then they will start to invest more and more and it will make bitcoin price goes up time to time. But the bullish is still not coming yet imho.
sr. member
Activity: 2156
Merit: 323
It's been a great week as crypto trend slightly reverses to GREEN after quite a while. Bitcoin is trading around $5,280 and seems like will touch $5,300 such a notable gain about percentage Bitcoin is up by 26% over the last few days.
full member
Activity: 1050
Merit: 100
We have obviously move past the low volume hurdle, we had the all time highs in terms of trade volume a few days back and we are still in good range.I think April may be the decisive month for 2019 crypto bull run. A lot of positive news in the air
Yes, the good news and increase in price and volume are good signs. Even a few countries have changed their minds about crypto and even accepting cryptocurrencies in smaller systems is the beginning of better news.
Hopefully it will spread to other countries, and we can see the expected development of crypto. with many countries allowing crypto to carry out its duties as a currency
legendary
Activity: 3248
Merit: 1160
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Mildly bullish, I guess it's an accurate description of what is currently happening now.
Price is increasing so we can still expect that there will be higher increase to come since we are not full bullish yet.

Will probably be waiting for that time.
sr. member
Activity: 1344
Merit: 311
It seems like bullish from the recent days so the possibility of getting the increment from Bitcoin is available right now but I don't know about the current situation if it was stable for again some time there will be a few chances to be a good year for the Bitcoin.
maybe in situations and conditions like now investors must be confident and not easy to believe in any news and in my opinion confidence and patience is the main capital in investing
hero member
Activity: 1358
Merit: 509
We have obviously move past the low volume hurdle, we had the all time highs in terms of trade volume a few days back and we are still in good range.I think April may be the decisive month for 2019 crypto bull run. A lot of positive news in the air
Yes, the good news and increase in price and volume are good signs. Even a few countries have changed their minds about crypto and even accepting cryptocurrencies in smaller systems is the beginning of better news.
legendary
Activity: 1526
Merit: 1179
I think April may be the decisive month for 2019 crypto bull run. A lot of positive news in the air
April has mostly been a very generous month for investors and traders, but I don't see how it will be a crucial month. If we tank afterwards it won't change my view on the market at all, because that's what happens in a bear market.

The bull run people are hoping for won't be coming any time soon. 2017s bull run was largely fueled by ICOs people needed Bitcoin and Ethereum for. What do people need these coins for right now?

Maybe that IEOs will be able to initiate a bull run, but it won't be sustainable at all, because every hype cycle ends with a massive correction where people rekt themselves in the worst possible way. I hope the next run won't be based on any of this.
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