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Topic: new bullish run - page 3. (Read 834 times)

member
Activity: 630
Merit: 20
February 09, 2019, 01:38:18 PM
#67
Agree with some of the views here, it is likely to be a bull trap. The spike is too big to be natural, the only way to explain it is price manipulation by someone preparing to dump the coins on Sunday or Monday

That is the right term. " bull trap". Don't be too excited. I've seen this trap before and then suddenly dump on a couple of hours. Lol. If you are new in cryptocurrency, then most likely you are smitten with this small run that happened.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
February 09, 2019, 12:33:57 PM
#66
right now we are having a bull run in the crypto market. Let's hope it won't be of short duration.



P.S Buy at your own risk
LOL  Grin How can you even think that a gain of $200 in the price of bitcoin can be called as a 'Bull run'. This is anything but a bull run.
Besides that a bull run actually a trend of positive gains over a certain period of time. But this my friend, is just a short surge in the price of bitcoin.
This small spike in bitcoin's price will be soon dropped or further raised.
member
Activity: 406
Merit: 13
February 09, 2019, 11:19:50 AM
#65
right now we are having a bull run in the crypto market. Let's hope it won't be of short duration.



P.S Buy at your own risk
Yeah there have been increase in the price of bitcoin is this recent time and we hope the bitcoin is able to sustain this latest development on the point that 2019 have been predicted by many annalist of going to be the year the cryptocurrency market is going to recover and reach it all time high price and at that this recent increase is an indication of what we should expert from the bitcoin market this year.
copper member
Activity: 154
Merit: 0
February 09, 2019, 10:58:05 AM
#64
I know this moment, I see prices going up after news about ETF is in online media. I read it and it was good news and made the price go up right away. hopefully tomorrow's ETF results will be accepted and prices will rise again
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
February 09, 2019, 10:32:31 AM
#63
Market get a quick surge yesterday from 110b total market cap of crypto it goes up quickly to 122b this only show that if whales and financial institutions want to make price goed up they can really do. I am hoping this would be a start of s bullrun since we are currently experiencing the longest bear market im crypto, maybe we are close to make this over.

Well this also means that whales are controlling this market effectively and they can anytime pump or dump in the market. Whenever there is a big dump or pump in the market it is because of the manipulation. Consider the fact that many people were shortening the bitcoins on bitmex and this opposite move by the whales made liquidated many traders.
Something that they are really good doing so, whales are always on the run when seeing opportunities, we cant way that this really a start of bull or some pumped coming from someone who fully understand the game, we always have to observe and not to be too much excited but be wise in order to be safe just in case trapped is present once more.
legendary
Activity: 2030
Merit: 1569
CLEAN non GPL infringing code made in Rust lang
February 09, 2019, 10:28:27 AM
#62
There is nothing most beautiful than seeing the market pass to green when in the morning, yeah that's what I felt. However, to convince that this ascend is the beginning of a bull run then with heavy words must be spoken, this is not included in the category of bull run signs. Just a manipulation from some whales who will soon sell their coins and make prices decline again.

Someone must be familiar when he sees a sudden increase in prices, then you have to find out about the factors that cause the increase, at least looking for information related to cryptocurrency, then after that you can judge it. Remember, the cryptocurrency price movements are very fast, so as if you misjudge, you must be prepared to face losses.

Its looking flat to me at this point. Of course it will bounce from time to time, that's the point of remaining flat...
Remaining above 3k despite the predictions of "2.5k before Chinese new year" they made at the end of 2018, I think this is good...

Trading is an art, and at any time things might go the "wrong direction". Do not invest what you can't afford to lose (or keep frozen). Diversify and exert discipline in the face of opposite results (ie. hold if you buy and the price goes down), you only lose if you sell below what you bought...

Bought at 5k/10k/15k? You have not lost anything, if you keep the coins and wait until it recovers, however long it takes.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
February 09, 2019, 10:25:45 AM
#61
I wouldn't call it a bull run, not yet. The short burst of the price is probably for the words of SEC commissioner being spread that proposed bitcoin ETF will eventually get approved. The news might have sparked a new hype for which people are jumping in with the intention of making some quick profit. Remember, its just a leaked comment and he never mentioned that it will be accepted. Once the hype falls, we might see the price falling back again unless we get a strong support line

No rest for the wicked

It looks like folks at the SEC are busy earning dough, and it is kinda understandable if you you take into account the government shutdown in the US. So everyone earns money as they can and while they can. In this way, we are to expect more such "leaks" in the future without actually anything being approved at all (as it would kill the cow). At least, not until these "comments" make no effect on prices anymore (no more milk today), and then we can hope for real action. As the saying goes, action begins when hope ends
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
February 09, 2019, 10:14:57 AM
#60
I wouldn't call it a bull run, not yet. The short burst of the price is probably for the words of SEC commissioner being spread that proposed bitcoin ETF will eventually get approved. The news might have sparked a new hype for which people are jumping in with the intention of making some quick profit. Remember, its just a leaked comment and he never mentioned that it will be accepted. Once the hype falls, we might see the price falling back again unless we get a strong support line.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
February 09, 2019, 10:00:32 AM
#59
This isn't a bull run in any way but rather just a short pump with no real strength to hold on. The volumes on exchanges are ridiculously low to perform a higher push on where it's at right now, so I don't think it can continue to go further or traders will ride whatever's happening on the market. Also, there aren't any news or any catalyst for this increase, so I'm afraid that it wouldn't be lasting long or will be shut down by the bears any time sooner

Okay, let's see how it goes

In about a week it will be clear what was all that about and whether it was about anything at all. Actually, I don't think it is about Bitcoin in the first place. If you were following the prices closely, you would know that this so-called bullrun had started with Litecoin being pumped (and it is still pumped, by the way). And I agree with you that the volumes don't look astonishing, apart from Litecoin, which is evidently receiving a lot of attention from market makers recently
legendary
Activity: 2674
Merit: 1048
February 09, 2019, 09:58:01 AM
#58
There is nothing most beautiful than seeing the market pass to green when in the morning, yeah that's what I felt. However, to convince that this ascend is the beginning of a bull run then with heavy words must be spoken, this is not included in the category of bull run signs. Just a manipulation from some whales who will soon sell their coins and make prices decline again.

Someone must be familiar when he sees a sudden increase in prices, then you have to find out about the factors that cause the increase, at least looking for information related to cryptocurrency, then after that you can judge it. Remember, the cryptocurrency price movements are very fast, so as if you misjudge, you must be prepared to face losses.
hero member
Activity: 2926
Merit: 567
February 09, 2019, 09:46:33 AM
#57
Well according to some people I know who are somehow knowledgeable in reading the daily candles, we'll be seeing a hike on $4k + USD

and a dump of up to $1800. I believe these people because even if they miss one wrong prediction all others are good. GL with that. Just a hunch of what's coming for crypto this year.

I stopped believing n these predictions but if your friends really know how to give predictions and we are on a $4000 hike and it happens then that's a good prediction because so many predictions have failed in the last three months I will going to wait and see any way I am more of a holder than trader.
member
Activity: 351
Merit: 10
February 09, 2019, 09:45:50 AM
#56
Market get a quick surge yesterday from 110b total market cap of crypto it goes up quickly to 122b this only show that if whales and financial institutions want to make price goed up they can really do. I am hoping this would be a start of s bullrun since we are currently experiencing the longest bear market im crypto, maybe we are close to make this over.

Well this also means that whales are controlling this market effectively and they can anytime pump or dump in the market. Whenever there is a big dump or pump in the market it is because of the manipulation. Consider the fact that many people were shortening the bitcoins on bitmex and this opposite move by the whales made liquidated many traders.

There are certainly whales in both bitcoin and Ethereum markets who are manipulative all the time and because both markets are high in liquidity there is a possibility this is situation that was occur due to a market manipulation but if it is not certainly the current price increase is a good start for this year to give moral and confidence to new investors and traders to make more investments and this will definitely do good to the market  
full member
Activity: 700
Merit: 100
February 09, 2019, 09:43:28 AM
#55
Well according to some people I know who are somehow knowledgeable in reading the daily candles, we'll be seeing a hike on $4k + USD

and a dump of up to $1800. I believe these people because even if they miss one wrong prediction all others are good. GL with that. Just a hunch of what's coming for crypto this year.
member
Activity: 351
Merit: 10
February 09, 2019, 09:39:03 AM
#54
According to my understanding if some one is going to invest a big amount of money on bitcoin or Ethereum by considering this price grow it is not a good idea because the current price increase is not that significant enough to consider this as a major bull run and I doubt this will continue for a longer period of time but still this is evidence that the price can increase in the market and also bitcoin, ethereum and many other altcoins can recover in the future
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
February 09, 2019, 09:33:17 AM
#53
Market get a quick surge yesterday from 110b total market cap of crypto it goes up quickly to 122b this only show that if whales and financial institutions want to make price goed up they can really do. I am hoping this would be a start of s bullrun since we are currently experiencing the longest bear market im crypto, maybe we are close to make this over.

Well this also means that whales are controlling this market effectively and they can anytime pump or dump in the market. Whenever there is a big dump or pump in the market it is because of the manipulation. Consider the fact that many people were shortening the bitcoins on bitmex and this opposite move by the whales made liquidated many traders.
legendary
Activity: 2030
Merit: 1569
CLEAN non GPL infringing code made in Rust lang
February 09, 2019, 09:21:37 AM
#52
yes I saw that from today, if it continues it might be the end of bearish, starting this year for the next track to halving, but don't have to feel happy just to say all it takes time for a decent bitcoin value

Chinese new year is over, and i suppose price should start climbing until the halving next year. At what pace or speed, I don't know... This could be a little pump that goes back down again, but in the long run we shouldn't be expecting to go much lower either. In fact it stayed nicely above 3k, that was good.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
February 09, 2019, 08:52:10 AM
#51
yes I saw that from today, if it continues it might be the end of bearish, starting this year for the next track to halving, but don't have to feel happy just to say all it takes time for a decent bitcoin value
copper member
Activity: 546
Merit: 1
February 09, 2019, 08:25:55 AM
#50
Just like the saying that anything can happen in crypto, no one expected this sudden hike in price and hopefully it will last for a long time
hero member
Activity: 1120
Merit: 554
February 09, 2019, 08:24:39 AM
#49
There tends to be symmetry in the crypto market.  When we go throug ha bull for an extended amount of time the bear time period seems to reflect that in an opposite matter.

Newbies will never learn, they don't want to buy while prices are bleeding red.  They only buy during Fomo when its usually already too late.
full member
Activity: 459
Merit: 104
February 09, 2019, 08:22:41 AM
#48
What you say is true. This is probable a new bullish run. What happened yesterday and today is a bullish reversal of Bitcoin market.  I was not wating for this bullish reveral to happen today, but there is 80% probability that this is the start of a new bull run in the price of the Bitcoin. We have to wait for 3 - 8 months to be certain that the market will become truly bullish.

This is very good news. I am waiting to read that the bitcoin price is bigger than 4500 dollars. Smiley
Have a very good day!
 
 
      
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