market refresh or just a pump ? - page 20.

BitHodler

legendary

Activity: 1526

Merit: 1179

Quote from: Sowik on April 12, 2018, 02:55:04 PM

In the current market once u see a pump like this one just short Bitcoin as it always goes down a few % after the big pump.

It's not that this pump is massive enough justifying people to directly short it. In this market shorting should be done when you think the market has gone up too much in a short period of time, which isn't the case now.

On the other hand, going short also depends on how you do it. If you short leverage with an insane multiplier, the risk you expose yourself to will be insane as well. I see the potential benefits of leverage, but it's too risky.

I wouldn't even go 5-10x leverage on my trades, let alone 100x as BitMex allows people to do. One miscalculation and your entire balance is wiped out with that multiplier enabled. It's asking for problems. It's not worth it.

jhongzjhong

full member

Activity: 798

Merit: 109

https://bmy.guide

We could not be declared that it is a good news now, OP's question is no one answer on that we don't know what will happen next in the price movement due to the price was not really predictable. As what I have seen now I am happy because cryptocurrencies rapidly bouncing back in the market and hopefully it will continue and hit the highest price last year in the month of December.
Well, as of now we will wait further update the movement of cryptos and let's ride the rollercoaster go up high.

btccrusher

member

Activity: 742

Merit: 12

I looked the price at coinmarketcap, it was so lucrative to me. I think it's just a temporary pump. It will be down soon, but this will help to refresh the market. I think within the next three months, Bitcoin will create its new market with a stable price.

anggada18

full member

Activity: 532

Merit: 101

Quote from: Kaniel-ouots on April 12, 2018, 08:14:54 AM

Hi today market goes green
as you can see in 1 houre perfomance everything changed is it the comeback or just a pump ? what you think about it what is going on ?

I think this is a sign of bitcoin at the point. if at the end of April there is an increase up to $ 9000 then it is likely to continue to be pumped until mid-year. I hope this will happen and we all feel the glory of bitcoin

Jating

hero member

Activity: 2842

Merit: 772

Quote from: Kaniel-ouots on April 12, 2018, 08:14:54 AM

Hi today market goes green
as you can see in 1 houre perfomance everything changed is it the comeback or just a pump ? what you think about it what is going on ?

Really hard to say because its barely a day. For now I would say that its maybe a pump, but we need to see things in the next couple of days. Yes, double bottom was hit and it only makes sense for the market to bounce back after that. But I'm still looking for news that may trigger this sudden onslaught of investors pouring big cash in the market.

So lets see if this is the break out that we all be waiting for. Previously, when we had a breakout and every one says that the bearish trend is over, something bad happens and eventually it's collapses so I don't want to jinx the market but rather observe and see how it pans out specially this week, we need to find out if this is really sustainable or not.

Bardman

hero member

Activity: 952

Merit: 516

It's a break of an equilibrium pattern that we had for weeks now. There was a tightening pattern and eventually we had a break combined with the good news that we had lately and the short squeeze. It's not an artificial ''pump'' and it's consolidating healthy. We are probably going to see another attempt at breaking the 12k resistance.

Dark_Felix

newbie

Activity: 70

Merit: 0

I think the market growth will not last long. Large investors need to inspire the crowd that "everything is fine" and again re-buy

Sowik

sr. member

Activity: 532

Merit: 327

In the current market once u see a pump like this one just short Bitcoin as it always goes down a few % after the big pump.

fiulpro

hero member

Activity: 1862

Merit: 830

It was a descent pump until the people who held it for not more than 6 months decided to panic sell it and the price started getting a little down, but not much this shows that now it's getting stabilized around a higher value than it was before so we could hope of a pump soon enough , this was on a descent scale but we all could hope for something bigger.
Maybe it was just to show how bitcoins ain't dead but rather it's recovering but it will take time.

audaciousbeing

hero member

Activity: 1330

Merit: 569

Quote from: Kaniel-ouots on April 12, 2018, 08:14:54 AM

Hi today market goes green
as you can see in 1 houre perfomance everything changed is it the comeback or just a pump ? what you think about it what is going on ?

The fact is whatever we all think does not matter in the current price phenomenon because if all of our thinking is what determine the price, it would have climbed higher to say $50,000. Its by action. The whole of the noise about it getting green I have been seeing is because we have gotten accustomed to the $6000+ to have seen a $1000 increase as a green to be joyous about. For someone who bought when the price was $10,000 I am sure this is just a normal movement that shows some home and not a green to him. Let's all ride along and stop the thinking.

bitllionaire

legendary

Activity: 1120

Merit: 1000

Quote from: Greenkarki on April 12, 2018, 10:04:21 AM

Seeing green colour beside values makes really happy. After almost 5 days we are able to see a good hike crossing $7500. Almost $1k has increased in an hour. Hope this trend continues. Tax day would be a reason behind this hike? If the value reaches $9K, it would be more than enough to travel at $9000 instead of being at 6 to 7k. Hope this pump remains healthy and do not go back to 6k again.

After a long time seeing a good increasing in bitcoin price is really too much interested, people got some hope now and thinking that they will see the price trading above 19000$, I think those people who have bought bitcoin above 19000$ also now getting hope to see bitcoin trading in that price once again, i think we should not waste anymore time and should invest money in bitcoin.

ExtremeFacials.com

member

Activity: 190

Merit: 10

I have heard that this is whales who entered a market with large investments making market prices go up

DigitalFox

member

Activity: 280

Merit: 28

Pump or not, we will find out soon. If it breaks 9200 them btc may grow further (although I don't think it will happen now).

kdrama

full member

Activity: 176

Merit: 100

I guess it is just a pump. The market seems not growing at this moment even some alternative tokens are not growing. Bitcoin at this moment started again to decrease and there are some news that are involved in this increase about the tax.

tora

member

Activity: 532

Merit: 13

I missed seeing bitcoin at $8000 earlier but it is still showing over $7600 with a 9.86% increase on coinmarketcap at the moment.

ivakar

hero member

Activity: 756

Merit: 507

I think it is just a short time pump!
by they way I read that the reason of this pump were the news that Muslims are now allowed to buy and invest in bitcoins
so now they can openly do so.. make sense actually Cool

godzillarekt007

full member

Activity: 266

Merit: 106

Floki Robot

The markets do look great today but I believe it is too early to tell what will happen because of it. Unless you have a magic ball or are physic there is no way to know whether this is a bull trap or the beginning of a breakout.

Ararbermas

sr. member

Activity: 1988

Merit: 283

Quote from: Kaniel-ouots on April 12, 2018, 08:14:54 AM

Hi today market goes green
as you can see in 1 houre perfomance everything changed is it the comeback or just a pump ? what you think about it what is going on ?

for me this is just a temporary pump mate and for sure it will fluctuate again after days ot two and the value will stay again back below 8k if the growth rate continue to pump under. And maybe this is not just a correction price perhaps a bull trap IMO. 'cause we all knows that whales always there to manipulate the price so perhaps they are now waiting to sell off again.

iged_war

sr. member

Activity: 882

Merit: 250

Quote from: Proton2233 on April 12, 2018, 10:05:17 AM

I'm sure it's a pump. But this does not mean that bitcoin is now going to rise in price. A positive trend in the market for a long time. Whales all ways wanted to reduce the price of bitcoin but it did not work. Probably they understood futility of attempts to lower the price and now will play for increase.

I guess this is not pumped. look at the dichart will be seen when there is a very large sell bubble. and now the bubble has been broken by a very large purchase order

krauzzer02

full member

Activity: 378

Merit: 101

I didn't see that coming just shocked when opening my online crypto application on my phone the jump is fascinating at the same time it is bothersome as it might be another bull trap from whales so the news is circling around the wall street injecting liquidity into the bitcoin market and based on their statement they missed the party last year and it might stabilize the price of bitcoin based on this article
the thing is people are waiting for this perfect opportunity to cash out or convert their coins so we may see some dumps this time.

Topic: market refresh or just a pump ? - page 20. (Read 3283 times)