Topic: Crypto Market ‘Bullish’ in Wake of Bitcoin’s 20% Surge - page 7. (Read 915 times)

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.

Lol, I like how they term it, "mildly bullish". How about in the other side? "mildly bearish",  . Anyways, this could be a start and I'm sure that the index will change a lot in the next couple of months. It could be very bullish. So it's going to be interesting, we have touched $5k already, and still going strong and I don't expect the bears to be back unless there is some FUD or some event similar to what we have seen in November (BCH vs BCH SV hash war that took BTC by surprised.)

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

In the coming days it would be clear, if the bull has come or the market manipulation. Some people are skeptical about the recent 20 percent price surge of bitcoin, they are of the opinion that some big traders have done some manipulation in the market that's why the price of bitcoin has increased sharply.

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.

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/

It is true that companies Visa and facebook are investing to blockchain, it is a technology used by crypto but they can used it as stand alone.

But it doesn't mean that if they invest to blockchain, they'll automatically invest to crypto, it's their call if they would do that.

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.

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