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Topic: Hold on to your hats: We’re moving up yet another Bitcoin flagpole - page 2. (Read 426 times)

full member
Activity: 2576
Merit: 205
It's seems look like before bitcoin moving up slowl
Then after a small percentage of price increases suddenly price goes drops
But hopes i am wrong in my analysis for their movements
jr. member
Activity: 336
Merit: 5
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It has already dropped lol! Price is really flaky right now, but to get it to a new higher floor is good news. $4000 is much healthier than $3300 where it was tantalizingly close to a serious death spiral
jr. member
Activity: 475
Merit: 1
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bitcoin indeed increased and went above 4000 dollars which is indeed good for us all. it shows everything about bitcoin is coming stronger and bitcoin is heading back to the heights it fell from. we will continue to see more rise in the coming days
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
Isn't it rather to early for us to start the party as of yet,we definitely are all glad with what the charts are displaying to us.
But I'm somewhat reserved to speculate this could be the end of the bear as it could plummet yet again,who knows
There is nothing wrong in celebrating a little bit since we need some green in the market the issue is that many are making the assumption that this is the beginning of a bull market and there is no way to know that at this point, so all of those that are happy because of this small recovery and the profits they are making my recommendation is to not take the current growth too seriously, be happy about it but do not proclaim this is the beginning of a bull market because we need a lot more than a good day for that to be true.

So your reserved attitude is correct and you should maintain that attitude for some time because this could be a bull trap and you could invest just before the market goes down again.
sr. member
Activity: 896
Merit: 272
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https://coinrivet.com/hold-on-to-your-hats-were-moving-up-yet-another-bitcoin-flagpole/

Bitcoin pumped with volume this morning to smash through resistance at $4,000.

After Bitcoin closed yesterday with its fifth daily green candle in a row, price broke out to trade above $4,000 across most major exchanges.


Even it reach the price of $4,000 its not yet done it might dropped again so do not expect too much. Everything might be happen and even we see green and small pump it is not yet the sigh that the price of bitcoin will gonna go up so hang on and wait more time and we will see if there will be another bull market or bear market.
full member
Activity: 490
Merit: 110
Yeah, and all the nay sayers saying bitcoin is dead again, or it will not last forever should find themselves a hole to run and hide.
jr. member
Activity: 238
Merit: 1
I think that everyone is already tired of the bear market for all this time, so personally I really hope that growth will begin soon
hero member
Activity: 1246
Merit: 529
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Isn't it rather to early for us to start the party as of yet,we definitely are all glad with what the charts are displaying to us.
But I'm somewhat reserved to speculate this could be the end of the bear as it could plummet yet again,who knows
It just goes to show how long people have been expecting to see greens in the boards. It is something to cheer about though. My advise is not to be too overjoyed. It is still a fragile market.

I agree. We've been too long in a bear market and too beaten badly the last month that any positive movement sustained would be reason enough to be excited. The price today was a big disappointment not even a month ago. And we're not even sure how long this can be sustained as well.
mk4
legendary
Activity: 2870
Merit: 3873
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Oh boy. I wouldn't celebrate just yet. This just might be a dead cat bounce. It's really just too early to say where the prices is going. The sudden bullishness of everyone actually concerns me. Feels the same when we rose from $6000+ to $7000+ in August-September but immediately just dropped back down.
hero member
Activity: 1316
Merit: 379
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Isn't it rather to early for us to start the party as of yet,we definitely are all glad with what the charts are displaying to us.
But I'm somewhat reserved to speculate this could be the end of the bear as it could plummet yet again,who knows
It just goes to show how long people have been expecting to see greens in the boards. It is something to cheer about though. My advise is not to be too overjoyed. It is still a fragile market.
jr. member
Activity: 98
Merit: 2
Isn't it rather to early for us to start the party as of yet,we definitely are all glad with what the charts are displaying to us.
But I'm somewhat reserved to speculate this could be the end of the bear as it could plummet yet again,who knows
full member
Activity: 853
Merit: 144
https://coinrivet.com/hold-on-to-your-hats-were-moving-up-yet-another-bitcoin-flagpole/

Bitcoin pumped with volume this morning to smash through resistance at $4,000.

After Bitcoin closed yesterday with its fifth daily green candle in a row, price broke out to trade above $4,000 across most major exchanges.

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