Topic: REASON FOR MARKET RECOVERY - page 2. (Read 765 times)
Normally after some little bear time, whales usually play their games and show some green candles mostly to attract newbies or make a trap for traders. Personally I don't think there is anything really responsible for the move we are seeing now. Maybe because the resistance at 3150$ held strongly and people don't want to dump anymore. Just like a game it seems to me. I hope things will get better from now.
It hasn't recovered, it is still on its recovering phase. So this means that this phase might be temporary and the tides may turn anytime soon.
We don't need reasons for the market to recover. But still, the current price drop has given opportunity to the new investors to enter the market.
Just keep this in mind, we will see the price drop and rise but in the long run it will always head towards one way and we all know which way it is.
We don't need reasons for the market to recover. But still, the current price drop has given opportunity to the new investors to enter the market.
Just keep this in mind, we will see the price drop and rise but in the long run it will always head towards one way and we all know which way it is.
I don't think I can ensure the market will recover in the near term, at least for a bull run to occur it will take one year ahead, because the current conditions are very bad.
It seems to me that this is a temporary market correction. In the last week, the number of sellers significantly exceeded the number of buyers. I see the current growth as collecting sellers stops. This is rather speculative growth, and I am not sure that it will be for a long time. I think that growth will start unexpectedly, and it is quite possible that it will be rather slow. Many people do not immediately realize that the trend has changed, but after some time. But I think that waiting for a trend change is not so long. I hope to grow in the middle of spring. Hope I'm right.
Now, I know many analysis will soon be out trying to credit the sudden market recovering to some sort of events and programs. In my own opinion, I feel any of these reasons could be the case of the capitalization in the market leading to some gain:
1. It's possible some whales or even the wall street are trying to manipulate the market by attracting the innocent traders;
2. It's possible the enemies of Crypto are tired of the underserved bear;
3. Maybe there is a major event in which some of us are not yet privy to, only time will tell.
4. This can't just be normal traders doing their normal trading as the pumping in of fund is massively massive.
I don't believe the bull run has started, although no one can possibly tell when the bull run starts. Let me hear what you think is the reason for this sudden market recovery. Thanks
1. It's possible some whales or even the wall street are trying to manipulate the market by attracting the innocent traders;
2. It's possible the enemies of Crypto are tired of the underserved bear;
3. Maybe there is a major event in which some of us are not yet privy to, only time will tell.
4. This can't just be normal traders doing their normal trading as the pumping in of fund is massively massive.
I don't believe the bull run has started, although no one can possibly tell when the bull run starts. Let me hear what you think is the reason for this sudden market recovery. Thanks
I also don't believe this is a bull run. I have sold my coins that were bought a few days ago I am not sure to hold long time coins now because the market conditions are still a lot of bull trap
All the thing that the OP said are all "possibilities" but this is not the real reason for the price increase, we cannot even call it as a recovery because we are just seeing a price rally which is normal even if we are in the bear market. What's clear as day is that before this "recovery" started BTC is extremely oversold as well as the MACD is hinting for a bullish crossover that is why we have this price rally right now. All the OP said are just speculation without any basis on the market's technical point of view.
There is no such thing as the bull run. After the major dump from the whales I have started to believe that it is all a pump and dump game where the whales are getting richer.
It is obvious that the price can be easily manipulated by the whales as such big pumps and dumps have happened in the last 1 year.
Crypto trading has now turned into gambling and I am afraid that if this keeps going on the future of Crypto might not be so good.
It is obvious that the price can be easily manipulated by the whales as such big pumps and dumps have happened in the last 1 year.
Crypto trading has now turned into gambling and I am afraid that if this keeps going on the future of Crypto might not be so good.
It's way too soon to call this current uptrend an actual market recovery. Since we've seen these up and downs before, as long as we stay in the 3k-4k region i wouldn't call it a full recovery, just usual market fluctuation, we need to wait a few more days or even weeks to see where this takes us. Btw, i'm just speculating but I think what we're seeing right now might just be the bears getting exchausted after not being able to break the 3k support level and now the bulls have started to make their move. Regardless, I hope this surge in prices can bring some positive vibes into the market.
in your opinion, how about the battle hash?
and in my opinion, BTC will never recover if the hash battle is still running. we will wait for the hash battle to end, and after that, I am sure that the BTC will create a real bull market, and not temporary.
and in my opinion, BTC will never recover if the hash battle is still running. we will wait for the hash battle to end, and after that, I am sure that the BTC will create a real bull market, and not temporary.
There are two interesting pieces of news that I came across. One is that pro trader Mark Dow, who got the ATH of Bitcoin right and shorted from 19k all the way to 3k, has announced that he's done shorting and it's time for BTC to reverse. He got the top right, he might be right about the bottom. The second piece is that Brian Kelly, who was always wrong, is telling people to short Bitcoin. Of course this isn't over. We are still in bear market, but there's not much farther to go down.
Now, I know many analysis will soon be out trying to credit the sudden market recovering to some sort of events and programs. In my own opinion, I feel any of these reasons could be the case of the capitalization in the market leading to some gain:
1. It's possible some whales or even the wall street are trying to manipulate the market by attracting the innocent traders;
2. It's possible the enemies of Crypto are tired of the underserved bear;
3. Maybe there is a major event in which some of us are not yet privy to, only time will tell.
4. This can't just be normal traders doing their normal trading as the pumping in of fund is massively massive.
I don't believe the bull run has started, although no one can possibly tell when the bull run starts. Let me hear what you think is the reason for this sudden market recovery. Thanks
any incident that suddenly arrived in the crypto market was common, we never knew the real reason, but for sure there was a large amount of funds coming in until the pump happened, I saw coinmarketcap volume there was a rapid increase of up to $ 10 billion in 24 hours 1. It's possible some whales or even the wall street are trying to manipulate the market by attracting the innocent traders;
2. It's possible the enemies of Crypto are tired of the underserved bear;
3. Maybe there is a major event in which some of us are not yet privy to, only time will tell.
4. This can't just be normal traders doing their normal trading as the pumping in of fund is massively massive.
I don't believe the bull run has started, although no one can possibly tell when the bull run starts. Let me hear what you think is the reason for this sudden market recovery. Thanks
I don't believe and see this as a full-blown market recovery but rather a simple uptrend that's normal every now and then. We have had a similar run back to $4000 just a week or two ago and we climbed back down to $3200 after the short stint. It's great that the $3700 resistance was broken but apparently the push is now losing steam and is going down back to $3600. We need more from the bulls before we can call this a market recovery, but until then this is just a normal fluctuation.
For all of us we never know the reason for market recovery but one thing that I know is we should double our effort to introduce the bitcoin to other people so that they will also believe and invest in the bitcoin and they will do the same thing that we do in bitcoin and it is one reason for the market recovery. We should also do harder in investing in bitcoin so that the market will not continue to fall.
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Do you need some specific reason for the recovery in the market? Why are you so curious about that? Might be some big whales have invested who knows, let the change happen atleast the small investors will have a relief and hope.
The OP just got excited seeing the price being pumped in the last 24 hours. But it's really hard to pinpoint what's the real cause of this sudden spike. But I guess some whales decided to push the price to set a trap or its a genuine recovery, we will know the answer in the next couple of days.
The question is, do you guys have accumulate already specially when the price is at low $3000's?
Now, I know many analysis will soon be out trying to credit the sudden market recovering to some sort of events and programs. In my own opinion, I feel any of these reasons could be the case of the capitalization in the market leading to some gain:
1. It's possible some whales or even the wall street ...
1. It's possible some whales or even the wall street ...
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2. It's possible the enemies of Crypto...
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3. Maybe there is a major event ...
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4. This can't just be normal traders doing their normal trading ...
the "whole market" is seeing some recovery because bitcoin price went up a little. but the rise bitcoin has is not exactly a recovery. it is a small and simple price rise which is not recovery until price reaches its true value which is higher than this.
the reason? is simply because you can't keep dumping the price for ever. at some point no matter how whale-y you are you will run out of money to buy cheap coins.
Good to know that the market start to recover because it seems there will be another will bull run this coming 2019. All of us are waiting for this moment because this time we can sell our cryptocurrencies I hope this recovery will continue until next year. the reason? is simply because you can't keep dumping the price for ever. at some point no matter how whale-y you are you will run out of money to buy cheap coins.
It is unfortunate but we will only know if this is a bull run later, not now. For now we must keep our heads and maybe find some good investing opportunities. Bitcoin is good but there are more coins out there. We are very low still in the market prices, a good coin will give many profits if you buy now.
Now, I know many analysis will soon be out trying to credit the sudden market recovering to some sort of events and programs. In my own opinion, I feel any of these reasons could be the case of the capitalization in the market leading to some gain:
1. It's possible some whales or even the wall street are trying to manipulate the market by attracting the innocent traders;
2. It's possible the enemies of Crypto are tired of the underserved bear;
3. Maybe there is a major event in which some of us are not yet privy to, only time will tell.
4. This can't just be normal traders doing their normal trading as the pumping in of fund is massively massive.
I don't believe the bull run has started, although no one can possibly tell when the bull run starts. Let me hear what you think is the reason for this sudden market recovery. Thanks
1. It's possible some whales or even the wall street are trying to manipulate the market by attracting the innocent traders;
2. It's possible the enemies of Crypto are tired of the underserved bear;
3. Maybe there is a major event in which some of us are not yet privy to, only time will tell.
4. This can't just be normal traders doing their normal trading as the pumping in of fund is massively massive.
I don't believe the bull run has started, although no one can possibly tell when the bull run starts. Let me hear what you think is the reason for this sudden market recovery. Thanks
Do you need some specific reason for the recovery in the market? Why are you so curious about that? Might be some big whales have invested who knows, let the change happen atleast the small investors will have a relief and hope.
I don't believe the bull run has started, although no one can possibly tell when the bull run starts. Let me hear what you think is the reason for this sudden market recovery. Thanks
Neither do I think the bull run has started, I saw a post yesterday or 2 days (not sure) about some buying over 2000 btc, I think it is still all about manipulation and attract new naive investors who would panic out at the slightest decline again. But just as you've stated no one could know for sure.
1. It's possible some whales or even the wall street are trying to manipulate the market by attracting the innocent traders;
2. It's possible the enemies of Crypto are tired of the underserved bear;
3. Maybe there is a major event in which some of us are not yet privy to, only time will tell.
4. This can't just be normal traders doing their normal trading as the pumping in of fund is massively massive.
2. It's possible the enemies of Crypto are tired of the underserved bear;
3. Maybe there is a major event in which some of us are not yet privy to, only time will tell.
4. This can't just be normal traders doing their normal trading as the pumping in of fund is massively massive.
- do not believe that Bitcoin is under the control of whales, there is a level of influence a large holder or group of investors have, but you can not control the value of bitcoin.
- the enemies of cryptocurrency also do not have any effect on the price
- if there is an event we are not privy to, then it can hardly be a 'major' one, and I also do not see how it would boost the price.
- Now this is plausible, an influx of investors and traders would have an effect on the price.
The crypto enemies don't have sufficient influence,but the enemies of bitcoin(Ver,Wright and others) had proven that they could crash the bitcoin price.
Anyway,the price can't be boosted by some "event" the road to recovery will be very slow.
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