Its too early still to say whether it has recovered or not. Basically the $5800-$6000 area is the one that everybody will be watching to determine if the $3100 was indeed the bottom.
Many people bought at $6000 assuming it was the bottom for 2018, they are waiting until $6000 and will most likely sell and get out at break-even and calm their nerves.
Then there are those that shorted the $6000 break and got stop-losses in place at $6000 so they don't close their short at a loss.
Hence there is going to be alot of action at this level and if it can hold above $6000 for a few weeks/months then its pretty bullish.
Topic: Has the market completely recovered - page 3. (Read 15433 times)
It is impossible to say that the market has completely recovered until it reaches and overtakes it's previous high. If the price of bitcoin was to start hovering around the $20,000 consistently then it would give more credibility to the long term price and encourage it towards new heights. There are a lot of people still sitting on bitcoin, who bought at higher prices, that are waiting to cash back out again and keep their money in fiat form.
What is the reason for the recent bullrun? Was there any news because I didn't hear of anything or did a big whale invest?
There has been report that the recent bullrun has been the result of some sort of manipulation. Anyway, whatever may be the truth we can't say that the market has reversed its direction, the situation is totally unpredictable. Anything can happen it may go up or go down.
Be patient, the market is not yet completely recovered, and we cannot say it's fully recovered because the market itself still moving to the higher price. But the market is on good progress to go to the higher price so we could prepare for the fully recovered from the market. Don't forget to buy as many coins as you can because the next bull market will be at the highest price.
What is the reason for the recent bullrun? Was there any news because I didn't hear of anything or did a big whale invest?
There has been report that the recent bullrun has been the result of some sort of manipulation. Anyway, whatever may be the truth we can't say that the market has reversed its direction, the situation is totally unpredictable. Anything can happen it may go up or go down.
I doubt it has completely recovered. Market is up for another dump after this bull cycle is over which is here for short term. In long term, charts are still showing bearish movement. Unless the present trend defies the overall market trend, I am still expecting a bearish reversal. But this year I expect bitcoin to touch another ATH. So, overall this year will turn out better than 2018 that Is for sure.
The market is almost completely recovered its obviously out of the downtrend things are looking up the next halving should really start a fire under Bitcoin!!
No not yet, market has just been to a long bear market and this somehow made a slow recovery in terms of its market price. Thus, it has never been up again to which it does not yet surpasses bitcoin market price 6K usd baseline as to what many are stating until such that 6K usd still not tgmhe baseline and it even reaches down to 3K usd.
Now, market had almost reaching to recovery. This is just my opinion anyway.
Now, market had almost reaching to recovery. This is just my opinion anyway.
To my opinion market still hasn't fully recovered. Situation is better and some positive trends appeared but this is still not done yet. Changes didn't happen over night so the recovery is also a process that takes time. This what is happening now with the price is not a bull run and it's still too early to say if these positive trends will last long term or only temporary.
For the positive journey Bitcoin value is on now, I believe it’s a final one to bears. We have already left the bear lane and Bitcoin market is on its way to fully recovered and brings forth bull run.So for any investors not to miss out, we need to continue buy the little we can buy now, I believe that the value will not go below $5000 again, as we have so many factors that will come into the market very soon and push it higher, I am also sure we still have some whales currently warming up to pump some cash into the marker. If then we want to fully recover, after buying our coin, we should just continue to spread the awareness to other people too that has investment tendency.
The market is slowly recovering but it is not yet fully recovered if you are referring to the December 2017 price. If this recovery go on steadily with only minor price corrections, another bullrun may happen in the later quarters of this year. But a big bullrun usually take time before it happens again and is predicted by some market analysts to take place a year after the bitcoin halving.
If you are talking about recovery then we are a long way before we reach it. The price increase we are seeing now does not mean a "recovery" for the market we are still in the bear market and the only way confirming that we have revovered is when the prices go back up at the point of reversal whoch is around the 7,500$ to 8,000$ a rejection this price level would only mean another downward trend for us. 
'completely'
No way would I believe that, I think thats a sucker trap but I'm not negative on BTC just I think thats like trying to go down steps in pitch darkness and just hoping you know where the next one is. The market does not know where the next step is, even up or down exactly. Its process of price discovery and we cannot just assume recovery is certain. This action now is an adjustment to the price fall of autumn which was far too rapid to be that exact. I do think we need to retrace and recheck 6500 area, its partial
No way would I believe that, I think thats a sucker trap but I'm not negative on BTC just I think thats like trying to go down steps in pitch darkness and just hoping you know where the next one is. The market does not know where the next step is, even up or down exactly. Its process of price discovery and we cannot just assume recovery is certain. This action now is an adjustment to the price fall of autumn which was far too rapid to be that exact. I do think we need to retrace and recheck 6500 area, its partial
The market is slowly recovering but it is not yet fully recovered if you are referring to the December 2017 price. If this recovery go on steadily with only minor price corrections, another bullrun may happen in the later quarters of this year. But a big bullrun usually take time before it happens again and is predicted by some market analysts to take place a year after the bitcoin halving.
To my opinion market still hasn't fully recovered. Situation is better and some positive trends appeared but this is still not done yet. Changes didn't happen over night so the recovery is also a process that takes time. This what is happening now with the price is not a bull run and it's still too early to say if these positive trends will last long term or only temporary.
yes, it's still too early to say that the market is now fully recovered. there is no definite positive news that can show market price movements will continue to increase because as we have seen there is still a slight decline in market prices and the increase that has occurred to date has not shown a very sharp increase in market prices What is the reason for the recent bullrun? Was there any news because I didn't hear of anything or did a big whale invest?
In terms of pricing I will said the market has not completely recovered because the general chart directions is still showing bearish trend and we can said it has recovered when bitcoin pricing is above $20,000. However, in terms of market conditions I think it has recovered and that is why we are now seeing volatility since last month than in January and February. Bitcoin on it own is pulling up other coins and making some significant progress in terms of goods news than before. When it starts to roll, it will roll fast. In 2017, the price is at 5000 when it started to roll and make its way straight to 20,000. That is how it is with bitcoin. Right now, it does not feel that we are recovered. But I think it is a good start. I feel that it only needs a little more push before it makes its way back to recovery.
I think the reason for the price increase is people felt that we did enough wait to bring bulls back so it is now the time to invest which made the prices starts to recovery but still not to be considered as bulls yet until the prices of bitcoin hit $6000.
People aren't that badly affected by fuds and bad news spread, and they can manage to hold their coins until today. Market moves right now but it is not enough to go far and still fighting back to gain more supporters that could help uplift the price. May all of us are expecting to have a bull market this year and it looks to have that chances but we should have to extend our patient cause it won't be that easy.
follow and that's the very reason they wait for those dumpers to show up and buy it then hold, now there's no huge dumped that happening around as
the remaining investors and traders are experienced one who can wait for a much bigger rise that can happen along the way.
What is the reason for the recent bullrun? Was there any news because I didn't hear of anything or did a big whale invest?
In terms of pricing I will said the market has not completely recovered because the general chart directions is still showing bearish trend and we can said it has recovered when bitcoin pricing is above $20,000. However, in terms of market conditions I think it has recovered and that is why we are now seeing volatility since last month than in January and February. Bitcoin on it own is pulling up other coins and making some significant progress in terms of goods news than before. I think the reason for the price increase is people felt that we did enough wait to bring bulls back so it is now the time to invest which made the prices starts to recovery but still not to be considered as bulls yet until the prices of bitcoin hit $6000.
People aren't that badly affected by fuds and bad news spread, and they can manage to hold their coins until today. Market moves right now but it is not enough to go far and still fighting back to gain more supporters that could help uplift the price. May all of us are expecting to have a bull market this year and it looks to have that chances but we should have to extend our patient cause it won't be that easy.
To my opinion market still hasn't fully recovered. Situation is better and some positive trends appeared but this is still not done yet. Changes didn't happen over night so the recovery is also a process that takes time. This what is happening now with the price is not a bull run and it's still too early to say if these positive trends will last long term or only temporary.
At the moment, talking about a full recovery of the market is not that premature, but still quite early. So far, we can say with confidence that the long-term trend of bitcoin is no longer bearish at the moment, it has become bullish. This is the only thing about which we can now speak with confidence.
The market is nice, we like to see it bullish and it started already. But this market has no fully recovered yet, we are still recovering and we hope this will continue so we will reach the stage where we can
call this market has recovered already.
The question now is on what price will BTC has to reach to know it has recovered?
For sure everyone has their own opinion, some would say when there is a new ATH, okay, let's see what will happen going forward.
There are many people that have their investment stocked at that price and they are greatly waiting for any chance they get to take their investment at that ATH, and this guarantees that we have many investors that will be willing to wait till BTC reaches its ATH.
At the moment, talking about a full recovery of the market is not that premature, but still quite early. So far, we can say with confidence that the long-term trend of bitcoin is no longer bearish at the moment, it has become bullish. This is the only thing about which we can now speak with confidence.
The market is nice, we like to see it bullish and it started already. But this market has no fully recovered yet, we are still recovering and we hope this will continue so we will reach the stage where we can
call this market has recovered already.
The question now is on what price will BTC has to reach to know it has recovered?
For sure everyone has their own opinion, some would say when there is a new ATH, okay, let's see what will happen going forward.
At the moment, talking about a full recovery of the market is not that premature, but still quite early. So far, we can say with confidence that the long-term trend of bitcoin is no longer bearish at the moment, it has become bullish. This is the only thing about which we can now speak with confidence.
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