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Topic: Here we go. Bitcoin ripping through $4000 - page 2. (Read 17497 times)

member
Activity: 548
Merit: 12
yes I am very happy to see this, so this seems to give a signal for us to get ready for the increase. Hopefully this is the bright spot for Bitcoin to start its recovery in 2019.
legendary
Activity: 1442
Merit: 1025
February 26, 2019, 11:48:48 AM
#46
We are still not that far away from 4 thousand dollars even tough we fell a bit. I mean its still not in a good spot, we need the price to go over 4.5 thousand dollars if not over 5 thousand dollars to call it a bull but consider bitcoin was 3400 just couple weeks ago I would call this increase a win. Even after falling from 4200 or so price range we are at 3800 which is more than the 3400 it used to be.

I know we are looking for a bigger increase but that will have to come at a later time. Knowing and loving the "not bottom" prices is as important as looking for a bull, as long as we are not dropping I am happy, price should always be at least this high and not go any lower and even that would be fine with me because the other option is bitcoin going down under 3400 and I am not really excited about that.
hero member
Activity: 1820
Merit: 515
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February 26, 2019, 11:45:04 AM
#45
Good development, even if only for a moment and pumping which eventually goes back down. Early to be able to return to good, still need good news from crypto so that bitcoin is able to tear back the level of $ 4000. Many have taken advantage of that moment to make a profit.
That is the problem,when the price recovering slowly but still the investors want to make benefits from it by dumping again which causes the price comes to lower level.When we want the prices to reach new highs then we need to support it by someway.
member
Activity: 548
Merit: 12
February 26, 2019, 11:44:53 AM
#44
if seen from these signals the price of bitcoin will indeed experience some increase. but all possibilities can still occur, where prices are now increasing from yesterday's prices. but this is still some speculation to go up or vice versa down again. but we hope this is a bright spot for bitcoin to recover.
jr. member
Activity: 342
Merit: 4
LUCRETOKEN.COM
February 26, 2019, 08:30:10 AM
#43
Good development, even if only for a moment and pumping which eventually goes back down. Early to be able to return to good, still need good news from crypto so that bitcoin is able to tear back the level of $ 4000. Many have taken advantage of that moment to make a profit.
full member
Activity: 2268
Merit: 121
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
February 26, 2019, 06:32:41 AM
#42
A very good development that has been shown by bitcoin but it seems like the right time is not yet and still far from bitcoin. but this is good growth and will continue to move when entering Q2, it will definitely break $ 5K. and will continue until the end of 2019 with a good movement, the sign has begun to be seen when through $ 4K.
member
Activity: 980
Merit: 62
February 26, 2019, 05:45:00 AM
#41
In the short term it's a bull trap.In the long term is just moving to the next ATH.So it's both. Grin
Many desperate unpatient noob traders will feel some relief during this price increase,but don't get too excited.The price always goes down during the summer.

Very well said.
I am laughing at those who believed that the bull run had started after seeing a price increase and a green market for two days. People get too excited when they see an increase but they forget that we have suffered a market downturn for approximately a whole year.
Before making hype posts reconsider it and don't push people into taking wrong trading decisions.
legendary
Activity: 3248
Merit: 1179
February 26, 2019, 04:57:47 AM
#40
Where do you see this going?

-Bulltrap
-Back to lower lows
-Moon

Some people see the moon even in the darkest nights. Some people are afraid of drops even that is perfectly normal thing in crypto. Some people believe we are going to 1800 dollars before the end of this year. As you can see from here there are many ways, and some people believe in this or that, but question is in what you believe as individual? Do people believe just in good times, and when bad times comes people blame everyone else for the drop? And actually there is no one to blame, market is compiled from all the people in the world, each of us buy, sell, trade in so many ways, so we are making this crypto so amazing, with all ups and downs. Some people have more coins and affect the market more, but bunch of little guys can also make a wave with their small amounts of coins.
sr. member
Activity: 826
Merit: 265
February 26, 2019, 01:37:05 AM
#39
Well atleast we taste another growth again even in just a short period of time because after 4 days of green market,now again were in reddish values

For me this is better enough for people to realize that we must not believe the small movement instead we must look for longer and higher before getting along again,because just like now lots of investors are on bad shapre again because of this fake bullrun
hero member
Activity: 1302
Merit: 540
February 26, 2019, 12:06:50 AM
#38
It doesn't really surprise me at all that this dump has came. It's quite a routine bull trap, but the size is honestly negligible so it shouldn't cause much panic.

People act like that the bull market is already established, and I personally think that the truth is far from that. Market sentiment, even though there has been a drastic injection of bullishness, remains to be overall, quite bearish. Also, there is significant resistance at the $4k level that has obviously led to prices moving sluggishly.

This is why I personally think that right now is still a great accumulation stage. You're going to see these periodic dips in value because there is still quite some uncertainty within the market, and if you buy periodically you can certainly take advantage.
most of those who do not know what makes the price of dump maybe they will panic and join in selling their assets at a low price, but for traders who have had a lot of experience about such dumps they will remain calm.
Remain calm and take the opportunities to buy more, experienced traders knows how to read and analyze how the market is behaving and
how they can take the edge whether for short or long term investment, knowing how to protect your assets is very important so proper studying
and researching is a must.

Bull or trap, always protect your investment by doing your own observations, make sure to always be ready with any situations so you can adopt
quicker and adjust setting up your plans.
legendary
Activity: 3472
Merit: 10611
February 25, 2019, 11:43:24 PM
#37
It was obvious that was a bull trap if you wanna call it but really just a normal part of the bottom phase bitcoin is in. Sometimes it will get a pump and sometimes a dump, doesn't mean the price is gonna launch up or crash down. We're 3+ months firmly in the bottoming out phase in the $3000s and we should expect plenty more months to come of this price range.

Call it a bull trap but it seems that there's someone who manipulated the price of bitcoin again. Anyways, at least there's a indication that investors are still willing to put their money on the market.

there wasn't any "traps" or even "manipulation" this time that price went back down. it is simply the normal market behavior at this point where an initial price rise after a big drop is not strong enough to break through a resistance like $4k that easily so it comes back down specially when you consider the number of short term traders who have been trading for 3-5% profits suddenly saw the >10% profit and started selling there. that easily brings the price back down.
and as i said above there is some leftover fear that prevents fresh money coming in for the time being until the uptrend repeats again.
full member
Activity: 1554
Merit: 101
February 25, 2019, 11:32:53 PM
#36
i think is still bulltrap,no matter if he experiences price increases, I think the market still takes a little longer to start rising again.
so I still doubt this short rise.and also in my opinion the price will drop again maybe 2,500 $ and from there it will slowly rise at least 1 or 2 years.
full member
Activity: 470
Merit: 102
February 25, 2019, 12:03:14 PM
#35
It doesn't really surprise me at all that this dump has came. It's quite a routine bull trap, but the size is honestly negligible so it shouldn't cause much panic.

People act like that the bull market is already established, and I personally think that the truth is far from that. Market sentiment, even though there has been a drastic injection of bullishness, remains to be overall, quite bearish. Also, there is significant resistance at the $4k level that has obviously led to prices moving sluggishly.

This is why I personally think that right now is still a great accumulation stage. You're going to see these periodic dips in value because there is still quite some uncertainty within the market, and if you buy periodically you can certainly take advantage.
most of those who do not know what makes the price of dump maybe they will panic and join in selling their assets at a low price, but for traders who have had a lot of experience about such dumps they will remain calm.
hero member
Activity: 980
Merit: 500
February 25, 2019, 11:15:59 AM
#34


Judging from all the news and hype that is building, it sure seems like we are entering a new cycle. Even tho I think the bottom will be around $2000 and after that, slow and steady growth.

I've seen a lot of people coming back who were literally gone the entire 2018. Something brought them back.

A quote from Hobbit "The birds are returning to the mountain".

Maybe we are entering one, But the correction is the most highly unlikely to happen all the time a pump would peak, And In my opinion, this would settle for another drop this year, And come on the price is always like this we should always get prepare for it Bitcoin will never stop being highly volatile, But on 2018 that is the start of the bearish market and we are just in the middle of this event in my opinion, We may see pumping price right now then it is a good opportunity to trade back again even though I am seeing dropping of the price up to $2000 USD But yes the birds sure is returning to the mountain but in the future years to come.
jr. member
Activity: 43
Merit: 2
February 25, 2019, 10:29:44 AM
#33
It was obvious that was a bull trap if you wanna call it but really just a normal part of the bottom phase bitcoin is in. Sometimes it will get a pump and sometimes a dump, doesn't mean the price is gonna launch up or crash down. We're 3+ months firmly in the bottoming out phase in the $3000s and we should expect plenty more months to come of this price range.

Call it a bull trap but it seems that there's someone who manipulated the price of bitcoin again. Anyways, at least there's a indication that investors are still willing to put their money on the market.


That's good enough to know, we cannot rush things, it's not bullish yet and it's confirmed.
Traders have different intention, there are shorters and there are people who are willing to long, so they contradicted and the strong one wins.
For us long term investor, there's always a chance but it's not like before that we will see x100 price increase in a short time, it will take time now.


Judging from all the news and hype that is building, it sure seems like we are entering a new cycle. Even tho I think the bottom will be around $2000 and after that, slow and steady growth.

I've seen a lot of people coming back who were literally gone the entire 2018. Something brought them back.

A quote from Hobbit "The birds are returning to the mountain".
hero member
Activity: 1050
Merit: 529
Student Coin
February 25, 2019, 01:27:19 AM
#32
It was obvious that was a bull trap if you wanna call it but really just a normal part of the bottom phase bitcoin is in. Sometimes it will get a pump and sometimes a dump, doesn't mean the price is gonna launch up or crash down. We're 3+ months firmly in the bottoming out phase in the $3000s and we should expect plenty more months to come of this price range.

Call it a bull trap but it seems that there's someone who manipulated the price of bitcoin again. Anyways, at least there's a indication that investors are still willing to put their money on the market.


That's good enough to know, we cannot rush things, it's not bullish yet and it's confirmed.
Traders have different intention, there are shorters and there are people who are willing to long, so they contradicted and the strong one wins.
For us long term investor, there's always a chance but it's not like before that we will see x100 price increase in a short time, it will take time now.
hero member
Activity: 2842
Merit: 772
February 25, 2019, 01:06:14 AM
#31
It was obvious that was a bull trap if you wanna call it but really just a normal part of the bottom phase bitcoin is in. Sometimes it will get a pump and sometimes a dump, doesn't mean the price is gonna launch up or crash down. We're 3+ months firmly in the bottoming out phase in the $3000s and we should expect plenty more months to come of this price range.

Call it a bull trap but it seems that there's someone who manipulated the price of bitcoin again. Anyways, at least there's a indication that investors are still willing to put their money on the market.


After breaking $4100, we are back to $3700.

Logical after the dump by short sellers.

This time next week we will be well above $4500 and into steady climb

I thought short sellers are very nervous when the price went as high as $4200, because if might signal a bull run. but damn majority of us are wrong. Let's wait, at least for the end of the month and see how everything goes.
legendary
Activity: 2534
Merit: 6080
Self-proclaimed Genius
February 24, 2019, 11:07:09 PM
#30
See? Like I've said in the first page (when it was still $4k+), there are still a lot of missing hype drivers for this to be a Bull Market.
Unless the newbies can follow the news and current events, they will not be surprised from Bull traps like this.

Of course, seasoned veterans already knew this and hopefully sold @ $4k.
hero member
Activity: 1666
Merit: 753
February 24, 2019, 02:33:19 PM
#29
It doesn't really surprise me at all that this dump has came. It's quite a routine bull trap, but the size is honestly negligible so it shouldn't cause much panic.

People act like that the bull market is already established, and I personally think that the truth is far from that. Market sentiment, even though there has been a drastic injection of bullishness, remains to be overall, quite bearish. Also, there is significant resistance at the $4k level that has obviously led to prices moving sluggishly.

This is why I personally think that right now is still a great accumulation stage. You're going to see these periodic dips in value because there is still quite some uncertainty within the market, and if you buy periodically you can certainly take advantage.
jr. member
Activity: 43
Merit: 2
February 24, 2019, 02:16:14 PM
#28


After breaking $4100, we are back to $3700.

Logical after the dump by short sellers.

This time next week we will be well above $4500 and into steady climb
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