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Topic: CRYPTOS TO THE MOON???? - page 6. (Read 16386 times)

legendary
Activity: 3122
Merit: 1398
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February 19, 2019, 12:59:30 PM
#28
Since yesterday, the value of cryptocurrencies have continuously gone up . Do you think this is the beginning of a BULL RUN?

Quick answer: NO

This is the problem here, a bit quick jump will lead quickly into speculation that it will be start of the long awaited BULL RUN. There are chances but we just have to let the progress goes on rather than jumping into conclusion.

What if price movement will remained on slow phase for let's say, for the next several days, weeks and so on.. it will now destroy anyone hopes about bull run since they expected it the moment the price start to jumped recently.
legendary
Activity: 2114
Merit: 2248
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February 19, 2019, 11:37:27 AM
#27
The general advise would be not to get too excited. What matters is how you react, considering the prolonged bearish period interested investors would have already bought up as much as they can afford with spare cash. Do not fall victim to FOMO. Let's keep monitoring the market for the next few days.
sr. member
Activity: 868
Merit: 257
February 19, 2019, 11:28:07 AM
#26
Since yesterday, the value of cryptocurrencies have continuously gone up . Do you think this is the beginning of a BULL RUN?

https://coinmarketcap.com/

Do not get excited because I think it just a normal pump but if the cryptocurrencies keeps on increasing maybe the bull run might start in this quarter of the year. Waiting to the moon of all cryptocurrencies because this scenario will help me to gain more income and gain all my losses.
legendary
Activity: 2170
Merit: 1427
February 19, 2019, 11:27:50 AM
#25
But i think is too early to determine the bullish market will continue to happen as ethereum continue to pump cause different set of prediction were and what Mati Greenspan from eToro said is that the bearish market is not in hurry to leave.

It's definitely way to early, but the bullish signals are pretty healthy because it's backed by volume. In the end, it all comes down to how realistic people are (mostly not realistic at all, lol). The market being bullish in the short term doesn't mean the bear market is over, far from it actually. In order to get that confirmation, or an indication, we need to break through previous lower highs.

Ultimately, the ~$5800 level that offered support for such a long period of time last year will be quite an important level to focus on. It will be extremely hard to break through, but that for me would be an indication that the bear market ended.
full member
Activity: 994
Merit: 103
February 19, 2019, 11:12:19 AM
#24
I will  only believe that bull run is already happening if bitcoin can hit 7000$ before the end of this week. The current happening in bitcoin is only a small pump to wake up the bulls.
hero member
Activity: 1246
Merit: 529
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February 19, 2019, 11:06:23 AM
#23
Since yesterday, the value of cryptocurrencies have continuously gone up . Do you think this is the beginning of a BULL RUN?

https://coinmarketcap.com/

Oh cut it. People tend to always presume things with little market movements. Yeah it's a 400 usd rise in a day but to assume it'll start a bull run this early means you still have to learn a lot about this market. This isn't the first time we've had a few hundred dollars up in this bear market.
sr. member
Activity: 1792
Merit: 264
February 19, 2019, 10:50:10 AM
#22
Since yesterday, the value of cryptocurrencies have continuously gone up . Do you think this is the beginning of a BULL RUN?

https://coinmarketcap.com/
I think it's still too early to conclude that the bull market is approaching. Even though lately the price of bitcoin has increased slightly but this is not enough to prove that the market chart will continue to move up
hero member
Activity: 2660
Merit: 651
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February 19, 2019, 10:07:27 AM
#21
This is going too steep too fast. It will correct.

Fomo now cry later, that's the name of the game for people it seems. Cheesy

As long as Ethereum keeps pumping, and there is enough time till the actual fork, I'm pretty certain that the sentiment will be bullish. I however see traders cash out profits a day or so before the fork, or right after the fork just for the sake of potentially getting free money in case of a split.

In the end, it does feel good seeing some green because that's what triggers people to buy. The volumes are solid, especially when it comes to CME. 60,000BTC traded in 24H. CME's volumes are double the the volumes of Bitstamp and Coinbase Pro combined.
Firstly, it good to have the green market back and no doubt the postpone fork will help Eth price. But i think is too early to determine the bullish market will continue to happen as ethereum continue to pump cause different set of prediction were and what Mati Greenspan from eToro said is that the bearish market is not in hurry to leave.
legendary
Activity: 1652
Merit: 1265
February 19, 2019, 09:43:08 AM
#20
This is going too steep too fast. It will correct.

Fomo now cry later, that's the name of the game for people it seems. Cheesy

As long as Ethereum keeps pumping, and there is enough time till the actual fork, I'm pretty certain that the sentiment will be bullish. I however see traders cash out profits a day or so before the fork, or right after the fork just for the sake of potentially getting free money in case of a split.

In the end, it does feel good seeing some green because that's what triggers people to buy. The volumes are solid, especially when it comes to CME. 60,000BTC traded in 24H. CME's volumes are double the the volumes of Bitstamp and Coinbase Pro combined.

I'm holding enough to not be FOMO lol Smiley
legendary
Activity: 2170
Merit: 1427
February 19, 2019, 09:29:38 AM
#19
This is going too steep too fast. It will correct.

Fomo now cry later, that's the name of the game for people it seems. Cheesy

As long as Ethereum keeps pumping, and there is enough time till the actual fork, I'm pretty certain that the sentiment will be bullish. I however see traders cash out profits a day or so before the fork, or right after the fork just for the sake of potentially getting free money in case of a split.

In the end, it does feel good seeing some green because that's what triggers people to buy. The volumes are solid, especially when it comes to CME. 60,000BTC traded in 24H. CME's volumes are double the the volumes of Bitstamp and Coinbase Pro combined.
sr. member
Activity: 1400
Merit: 347
February 19, 2019, 09:23:26 AM
#18
Yes. Its going up.

But there will be a lot of resistance at 5k. Like it happened in 2017.
legendary
Activity: 1652
Merit: 1265
February 19, 2019, 08:55:31 AM
#17
This is going too steep too fast. It will correct.
But it's good to see Bitcoin is alive and kicking  Cool
member
Activity: 980
Merit: 62
February 19, 2019, 08:27:10 AM
#16
I don't think that it is very mature to rush at this time.

We still need more signs in order to be sure that the bull run has started. Some good news that has a positive impact in the market prices doesn't mean that this will bring the start of the bull run. I think that we should be careful and wait for the whole Q1 to see what is going on with the bitcoin price and the market capitalization in general.
hero member
Activity: 1358
Merit: 509
February 19, 2019, 08:09:12 AM
#15
Since yesterday, the value of cryptocurrencies have continuously gone up . Do you think this is the beginning of a BULL RUN?

https://coinmarketcap.com/
Increase in volume wants to show something. Nobody can know that where it will go and how long this will continue. But if we continue with this volume and increase, we can be witness that prices are going to bloom.
copper member
Activity: 2940
Merit: 4101
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February 19, 2019, 07:41:32 AM
#14
Anyone noticed how often the crypto market follow the stock market? Both reacted identically, again. For the SM It was caused by news about the Federal Reserve, I don't remember exactly what it was about but it's all over the news.
It's 10 days now since the uptrend started, I hope it was not just for Valentine's day, we would need at least 3 consecutive months to grab again the attention from media. and to title "BTC to the Moon Again!" Cheesy
legendary
Activity: 1806
Merit: 1521
February 19, 2019, 04:16:05 AM
#13
Since yesterday, the value of cryptocurrencies have continuously gone up . Do you think this is the beginning of a BULL RUN?

A nice rally, maybe a 50-60% move from the bottom? Sure that's possible. I'd love to sell a wick above $5K.

A bull run like 2017? Of course not. There's way too much resistance, too many bagholders. It took the better part of a year for the market to turn bullish in 2015 after bottoming in January. That should give some indication of how long it takes to recover from a brutal bear market. Bottoming out is a long term process.
legendary
Activity: 3808
Merit: 1723
February 19, 2019, 02:51:14 AM
#12
What is different this time compared to the last is that the Bitmex futures actually have a premium instead of a discount.

Basically since November 2018 they all had a massive discount. The discount was up to 3-4% at one point. So if BTC was $3300 the futures were $3200.

Now the discount is gone and there is a small premium, haven't seen this in a while and if you look at sentiment index it's also as high as May 2018.
full member
Activity: 1050
Merit: 110
February 19, 2019, 01:59:29 AM
#11
Since yesterday, the value of cryptocurrencies have continuously gone up . Do you think this is the beginning of a BULL RUN?

https://coinmarketcap.com/

Cryptocurrency prices were falling so long that a correction had to come. I do not know if this is the beginning of the bull run, but let's hope that these increases will last as long as possible.
sr. member
Activity: 882
Merit: 282
February 19, 2019, 01:44:09 AM
#10
Since yesterday, the value of cryptocurrencies have continuously gone up . Do you think this is the beginning of a BULL RUN?

https://coinmarketcap.com/
It seem the bull has come back and bitcoin is heading toward $4250. We are waiting for a break of $3980 for us to see another patterns in the candlesticks formation and that may signal the bull run.  I am happy that I got bitcoin  at a very cheap price and I think bitcoin is going to give me great profits this time around.  Most of  the altcoins are also following bitcoin in this great upwards movement and ethereum has gained over 12% yesterday alone.  Hope this continues and not whales manipulations.
full member
Activity: 1498
Merit: 146
February 19, 2019, 01:42:39 AM
#9
Its still in the launching phase so its still there lot of process before land on the moon,fisrt of all it needs to get succesful launch then we can talk about the moon. Grin

After moon set target to sun guys.
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