It is not even falling or staying still, I love seeing bitcoin this way. Its not fighting to beat 4200 levels, if it can go above that I think its quite possible we can hit something above 4500 dollars for the first time since the bitcoin cash war happened. We really need these type of increases because going down from 4000 back to 3400 is still possible and means we are not safe from the bottom yet however if we go above 4500 its highly doubtful we could go back to bottom once again.
I think if we go above those levels bottom of 4 thousand would be a new bottom for us and as long as we don't go below 4k I would be really happy. It is still not certain and we can ran out of gas at any moment but it looks like the bull is on its way or already came and that is something we have missed so much.
Topic: Here we go. Bitcoin ripping through $4000 - page 3. (Read 17499 times)
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.
Most of the crypto investors are now watching the market or chart of it because they are happy to see the rising again of the bitcoin finally we hit again $4000 and it is good started and sign to rise more the value of the bitcoin and not to decrease anymore the price.
For sure a lot of people who investing in the month january and December are earn few profit and they contented now and maybe they invest more to up more the price.
For sure a lot of people who investing in the month january and December are earn few profit and they contented now and maybe they invest more to up more the price.
It's in line with late Dow Jones increase. We'll yet to see how Bitcoin copes with global economy recession.
Yep, I think it'll be a while too. As I expected, the V-bottom recovery in stocks was incredibly strong. All the doomsday predictions were wrong. We're probably in for more harsh volatility, but I think the great recession everyone is expecting has been delayed for a few more years.
All in all, that's good news for Bitcoin. I think a global economic contraction would spell disaster for most markets, especially speculative assets like Bitcoin.
Can we call it as recovering after the long wait,the current prices are very low when compared to all time high prices but when the prices bumping gradually it won't bring any doubt that is bull trap so definitely going to moon on coming days.
It's definitely not a recovery. I want to see the market test levels over $4300 before I can start to look at what might happen next. As long as we don't break that level, the rejection following will tank the price back to sub $4000 levels.Overall, people should stop focusing on 2017s all time high because of the madness that was going on back then. We don't have that retarded level of demand emptying the spot market anymore.
Currently we're dealing with people selling to secure even the smallest profit percentages, and that's very difficult to buy through without something sparking a rally. Conservative is what we should be, because we've been fooled before....
there is still leftover fear in the market which is a natural thing after a long downtrend with lots of manipulation which is why this is not yet a breakout but instead a slow rise as the demand is increasing. what i expect is the same trend to last for a little while and possibly some corrections along the way but the only possible next step is a sharp rise after this as that leftover fear goes away and those who missed the chance to buy at the bottom (for any reason like waiting for a lower price) would rush to buy bitcoin because they fear missing out.
In the short term it's a bull trap.In the long term is just moving to the next ATH.So it's both. 
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.
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.
The number you should be looking at is $4239 (Coinbase) or $4237 ( Bitstamp) because this is where we stalled last time we arrived from the yearly low of $3100. Some are thinking its an Adam and Even bottom however the day price reacts at $4200 is crucial for the near term of Bitcoins performance.
You shouldn't get too bullish however because this rally might be caused by ETH which is having a fork next week and usually these forks are "Buy the rumor...sell the news" and usually a dump starts shortly post-fork. But who knows maybe this time it will be different.
You shouldn't get too bullish however because this rally might be caused by ETH which is having a fork next week and usually these forks are "Buy the rumor...sell the news" and usually a dump starts shortly post-fork. But who knows maybe this time it will be different.
Bitstamp increase it's price again, and now reach $4257. It's a positive sign for Bitcoin to continue to rise, but we still need to be careful because we don't know how long this will happen.
Buy the rumor...sells the news could working to make people panic because they see new hope for bitcoin price with the increase. But with the position of the line is still on the way to increase, I think bitcoin price increase higher this day.
But I see on Poloniex, Bittrex, Bitstamp, the order buy and sell is not too big, and the price is not moving so fast, so it could be another sign also beside of the increase of the rate. Still, we must be cautious this time and don't get stuck in once again.
The number you should be looking at is $4239 (Coinbase) or $4237 ( Bitstamp) because this is where we stalled last time we arrived from the yearly low of $3100. Some are thinking its an Adam and Even bottom however the day price reacts at $4200 is crucial for the near term of Bitcoins performance.
You shouldn't get too bullish however because this rally might be caused by ETH which is having a fork next week and usually these forks are "Buy the rumor...sell the news" and usually a dump starts shortly post-fork. But who knows maybe this time it will be different.
You shouldn't get too bullish however because this rally might be caused by ETH which is having a fork next week and usually these forks are "Buy the rumor...sell the news" and usually a dump starts shortly post-fork. But who knows maybe this time it will be different.
It's in line with late Dow Jones increase. We'll yet to see how Bitcoin copes with global economy recession.
Bitcoin is heading toward a strong bullish trend and I am happy that is happening at this first quarter of the year. It is important we follow this market as it changed trend directions.
Can we call it as recovering after the long wait,the current prices are very low when compared to all time high prices but when the prices bumping gradually it won't bring any doubt that is bull trap so definitely going to moon on coming days.
Whether the market has turned bullish, but the market has experienced a break through. The long awaited $4000 barrier has got broken. Now price move seems to be strong as the price stands around $4150 gaining resistance to reach the $4500 - $5000 mark which is termed to be a standard value for bitcoin.
Where do you see this going?
-Bulltrap
-Back to lower lows
-Moon
Better edit the thread and include a Poll with these choices so users can cast a vote without hitting the reply button.-Bulltrap
-Back to lower lows
-Moon
For the topic, it does looks like the start of a bull market however, there are few things that are still missing for it to be a bullish like widespread FUDs and varieties of ICOs (declining due to the recent scam-fests); bad or not, those will greatly affect the market price.
What we have now are the effects of major/famous crypto-related payment processors' scaling decisions that were favored by the crypto community.
Evo tho this is a very exciting thing to see, I would rather like a lower lows so that we can buy-in cheaper than ever.
Something like $2000 would be nice and then let's MOON
Something like $2000 would be nice and then let's MOON
by the way what kind of site is cryptopotenial? A trading site or just an observer for the price of different cryptocurreny?
Observer, much like CoinmarketCap with price tracking, charts, indicators and portfolio tool. The only difference is that it's made in Angular so there is no page refresh and everything is very fast and responsive.
One step at a time, we hit over $4,000 and now at $4,100, probably in time again we will break that resistance.
Everytime there is a big movement upward slowly people coming back and think bull run will happen, this time I don't think it's still a trap.
Everytime there is a big movement upward slowly people coming back and think bull run will happen, this time I don't think it's still a trap.
Bitcoin has left 4000 behind and seems ready for better. But we should not forget that a resistance is expected in 4200, and if "king" can pass it then our front will be sunny.
These signals are positive types meaning that the year 2919 will be a better year for all in cryptocurrency. Gradually we are approaching the bull run in a short distance of time from now. Waiting to hear positive news from every nooks and crannies of the cryptocurrency community.
2919? lolThe moon does not, I completely discard it, it can continue increasing, but when it reaches 4200 USD or 4300USD, it is a key point, it is an area of opportunity, and if we think that those behind this movement should take profits, and it is likely to sell at those levels, because they can hunt many of those who put on Long, anyway, the volume when it is strong and the price goes up means there is little supply, they would be doing a test to see how the behavior is in those levels. .. since around 3800 USD and 3600 USD has created a very good liquidity zone, many transactions have occurred at these price levels.
Your analysis is correct as I see it
If the btc is able to exceed the level of 4200
That would be great and might be the beginning of a rally
With some correction movements of course.
This is a strong signal indeed for bitcoin and its progress through $4000 and beyond now.
I can see it surpassing mid $4k now within the next month with so much going on in the next week ending the month of feburary.
by the way what kind of site is cryptopotenial? A trading site or just an observer for the price of different cryptocurreny?
I can see it surpassing mid $4k now within the next month with so much going on in the next week ending the month of feburary.
by the way what kind of site is cryptopotenial? A trading site or just an observer for the price of different cryptocurreny?
The moon does not, I completely discard it, it can continue increasing, but when it reaches 4200 USD or 4300USD, it is a key point, it is an area of opportunity, and if we think that those behind this movement should take profits, and it is likely to sell at those levels, because they can hunt many of those who put on Long, anyway, the volume when it is strong and the price goes up means there is little supply, they would be doing a test to see how the behavior is in those levels. .. since around 3800 USD and 3600 USD has created a very good liquidity zone, many transactions have occurred at these price levels.
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