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Topic: Is the Market Finally Uptrend? - page 8. (Read 2245 times)

full member
Activity: 660
Merit: 101
Colletrix - Bridging the Physical and Virtual Worl
August 29, 2018, 12:21:27 PM
#45
when bitcoin this time is breakout more than 7200$ may be bullish is near, but we must carefull if price its less than 7k,,keep safe and enjoy the ride
In today's bitcoin can not pass the 7200$. And now it has gone down to 6900$. Just like what you say. Be careful with BTC at this time, In the next few days I think BTC will come back to 7200$ again. If it does not pass, then I think the price will return to 6000$
full member
Activity: 966
Merit: 100
August 29, 2018, 11:48:05 AM
#44
when bitcoin this time is breakout more than 7200$ may be bullish is near, but we must carefull if price its less than 7k,,keep safe and enjoy the ride
full member
Activity: 476
Merit: 124
August 29, 2018, 11:24:55 AM
#43
As much as I would like to believe that the market has turned its table to an uptrend, I would still not be too confident about it so that if the opposite happens, I won't be disappointed with the outcome. Although, it is a very good time to buy those coins which I cannot afford previously in 2017 and early 2018.
newbie
Activity: 252
Merit: 0
August 29, 2018, 09:50:12 AM
#42
The bear market have lingered and has made many people lose faith in cryptocurrency. This is evident in the number of sell off recorded for the past few months. However, signs of recovery are beginning to emerge; BTC have crossed $7000 and still remain strong. Similarly, Ether have started showing strong signs of recovery after depreciating significantly for the past couple of weeks. Can we therefore, say that the much awaited upward trend is here?

What is your opinion?
Quite true that the bearish condition of the market lingered for long which made some people lose faith. Beginning yesterday the market started showing some signs of recovery but the big question is whether the movement will be sustained in the coming days and months. I want to believe that this is the beginning of something good before the year comes to an end. Yes the market is on the path for recovery.
hero member
Activity: 1568
Merit: 511
August 29, 2018, 08:25:30 AM
#41
Well, the bearish market has paused awhile as everyone can see
And the candlestick is moving the opposite way

I would not confirm the trend to be up but just a minor retracement for now, might need to look for further confirmation to make sure the trend is going up
However, a paused of a bearish trend signaling weak bear strength
member
Activity: 350
Merit: 10
August 29, 2018, 06:39:07 AM
#40
Somehow the market is climbing up although its still early to say that we are back on a bull trend. Just observe and stay updated on the market movement.
hero member
Activity: 1470
Merit: 655
August 29, 2018, 06:32:52 AM
#39
it is too soon to tell because most importantly bitcoin has started going up and in its initial rising stage the altcoins usually go back up. but from that point a lot of  different things may happen. for instance we may end up seeing another dumping frenzy start as the whales dump again since there was a recovery and prices were higher. and also we may see a big bitcoin rise which will always cause a big altcoin dump.
full member
Activity: 448
Merit: 103
August 29, 2018, 03:12:17 AM
#38
we are hoping that this would continue to make all people able to get high profit in every investment they did, me i always think more positive in the market always promotes coins which is i am holding to make grow my income.
Also i see that some investors taking advantage in low value that is why the demand are now increasing that reflects in the value of coins in the market.
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
August 29, 2018, 03:12:03 AM
#37
if it continues to hold the 7k$+ area, I will say that it will be an uptrend coming. Because its making 7k$ a strong support for future trends. hopefully, we will see bullish trend soon.
full member
Activity: 330
Merit: 123
August 29, 2018, 02:53:49 AM
#36
As much as I would love to hope that we will rocket through 8k, onwards and upwards towards 10....12....and beyond, I don't see it happening so soon.

I believe we will trade in a range between 5700 - 7700 for the next few months.
hero member
Activity: 1540
Merit: 500
August 29, 2018, 02:25:28 AM
#35
The bear market have lingered and has made many people lose faith in cryptocurrency. This is evident in the number of sell off recorded for the past few months. However, signs of recovery are beginning to emerge; BTC have crossed $7000 and still remain strong. Similarly, Ether have started showing strong signs of recovery after depreciating significantly for the past couple of weeks. Can we therefore, say that the much awaited upward trend is here?

What is your opinion?

I think that has to do with the morgan creek news whose ceo believes bitcoin would reach $500,000. I wouldn't take it as major uptrend but keep watching and see how it acts in few weeks but definitely a good news for investors.
newbie
Activity: 238
Merit: 0
August 29, 2018, 02:22:58 AM
#34
We can see a little bit of uptrend for few days. But it is too early to say something about this. This could be a temporary uptrend. Let's wait and see what will happen.
MV7
full member
Activity: 322
Merit: 107
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
August 29, 2018, 01:37:26 AM
#33
Lol this must be like the 100th thread of "are we in a bull run yet"

Every single time the market increases like 5% we have the same conversation, and then we're all disappointed a few days later when everything drops by 10% or more
sr. member
Activity: 616
Merit: 252
August 29, 2018, 01:27:25 AM
#32
The bear market have lingered and has made many people lose faith in cryptocurrency. This is evident in the number of sell off recorded for the past few months. However, signs of recovery are beginning to emerge; BTC have crossed $7000 and still remain strong. Similarly, Ether have started showing strong signs of recovery after depreciating significantly for the past couple of weeks. Can we therefore, say that the much awaited upward trend is here?

What is your opinion?

Can't say that this is the uptrend. Few weeks ago, we are around $8,000 and then went back to around $6,000 and now when it cross $7,000 we cannot really judge if it will continue that way because some traders may just short it. Judging by the number of shorts, it is decreasing so there is a chance that maybe it would continue still to go up. There may be some who are just waiting for this moment to join the crypto world again. Nevertheless, we should not be complacent and be on guard always in setting our buy and sell price.
full member
Activity: 994
Merit: 106
Official Street Team member
August 29, 2018, 01:26:09 AM
#31
in the past two days the market has experienced a fairly stable increase, not as usual if false rises rise rapidly and fall too fast, but these two days the market rises regularly hopefully this is a sign that the market is stabilizing
sr. member
Activity: 518
Merit: 250
Fast, Smart, Trustworthy
August 29, 2018, 01:07:12 AM
#30
The bear market have lingered and has made many people lose faith in cryptocurrency. This is evident in the number of sell off recorded for the past few months. However, signs of recovery are beginning to emerge; BTC have crossed $7000 and still remain strong. Similarly, Ether have started showing strong signs of recovery after depreciating significantly for the past couple of weeks. Can we therefore, say that the much awaited upward trend is here?

What is your opinion?
There were many such signs when everything seemed to have recovered, but the correction killed all hopes and a new wave of sales began. Do not think that everything will be restored so easily and simply, a powerful push is needed.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
August 29, 2018, 12:50:51 AM
#29
Well this is what, the fourth? Fifth? Sixth time this year I keep seeing "market is green again and bull is back" comments. I don't know. Too tired to get lied to again, so I'll just assume this is another short rally that will disappear as soon as either some bad news happens or people want to take more profits.

I managed to get into a few good alts to increase current portfolios so I'm not unhappy with myself in this period. Uptrend to turn into bull run? Don't think so yet. People still want short term profits.
full member
Activity: 336
Merit: 100
August 29, 2018, 12:44:49 AM
#28
this could be another dead cat bounce, so i would be careful. i think BTC needs to break through $8500 before we can say we're in a bull market
full member
Activity: 432
Merit: 100
August 28, 2018, 11:52:52 PM
#27
Need to wait to make sure if it's real or just a new trap come from the whales Grin. So many times market rise back a little bit like this but right after that whole market dump back to hell very quickly. Nobody can ensure at the moment if bull market is coming or not Smiley. Let's see.
The market has increased quite little and can not be confirmed as uptrend. More tracking is needed to determine the trend over time. I think investors should be well prepared to make the right decisions.
If recovery is good for 2 weeks in a row, I am sure the uptrend will definitely happen and we should watch the current market because whatever is happening is not yet certain. I believe that in the uptrend phase, all investors will be very active in ICO and Trading and we can make a good profit.
member
Activity: 490
Merit: 13
August 28, 2018, 09:10:11 PM
#26
No big news yet and the volume just increases a little bit.
So, we can't confirm yet it is an uptrend or not.
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