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Topic: The hype ends ? - page 2. (Read 297 times)

hero member
Activity: 1148
Merit: 518
April 12, 2023, 12:39:46 AM
#29
BTC crossed 30K today and other coins too increasing so the bull run just started not ended whereas we can expect a correction sooner or later so for altcoin investor its good time for short term investments but don't choose just random coins and also make sure you utilise the stop loss feature of exchange to avoid loss incase of market correction.
Price actions is another thing that triggered the up and down movement of the market. I'm certain about the market, because there is no reliable confirmation of when bullish charts would be present, we might have seen a glitch bull. Although, because it is what Bitcoin is known for doing, it will create consolidation charts and move gradually. Without adequate entries and market analysis, we cannot just anticipate bull runs. In the past, Bitcoin has caused some beneficial pumps and dumps; but, this is just a challenging bear phase that affects the entire space in addition to bitcoin.
sr. member
Activity: 2156
Merit: 251
Binance #Smart World Global Token
April 11, 2023, 11:19:14 PM
#28
BTC crossed 30K today and other coins too increasing so the bull run just started not ended whereas we can expect a correction sooner or later so for altcoin investor its good time for short term investments but don't choose just random coins and also make sure you utilise the stop loss feature of exchange to avoid loss incase of market correction.

Bitcoin started the bull run when people start to have confidence in cryptocurrency, I'm expecting that we will have a correction around Q4 2023. Although Bitcoin already crossed 30K its still a good price to accumulate more before halving started, if we buy after halving we can't miss the opportunity to buy Bitcoin at a discount price.
jr. member
Activity: 98
Merit: 2
April 11, 2023, 09:52:38 PM
#27

In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $18,000, same as some other big name altcoins. Even the new listed ARB has enjoyed an ATH around $1.3(if I am not wrong), and Dogecoin price was suddenly reaching an ATH at almost $0.1 after Elon Musk changed the Twitter logo as Dogecoin. However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation ? Until the next bull market comes, is this hype considered over now ? Please let me know your thoughts. By the way, I am with FireDAO team, in charge of the global community. Please feel free to contact me should you have any inquiry.
You spoke too soon though, bitcoin is now over $30k if you haven't check the price in the last 24 hours.  And all major altcoins have also increased because of the trickle effect of bitcoin.

So the moral lesson here is that the market is very volatile, when you thought that there is no hype as we have been trading sideways for the past 10 days, comes this huge uptick in the price due the news of the CPI report coming in the next couple of days the the feds are going to cut the rate or it could be the same as last month, which means the the economy is improving.

You are right. The Bitcoin price pumped over $30k one day after I created this thread. I soon realized that the market needs correction but will bounce back sooner or later. Other alctions have also enjoyed a price surge because of Bitcoin. The signal shows that the whole market is on the road to a bull season and the world economy is improving although it won't come out of recession soon. Holding some Bitcoin now seems to be way profitable until the bull run comes.
hero member
Activity: 2324
Merit: 504
April 11, 2023, 07:07:05 PM
#26
we are not exactly in the middle of bullish season anyway, these are generally just some small recoveries and will definitely encounter some correction along the way.
but, as many have said which I'm agreed to, you definitely judging these coin too soon, there are still so much times for bitcoin and other coin to get massive bullrun, right now these coin are like just testing the water, seeing if the sentiment of the market are still hugely bullish or bearish, but it seems the negative sentiment has significantly decreased, now most coins aren't even in the state of oversold.
definitely that means, it opens up a chance and opportunity that cryptocurrencies could be having the bullrun in the future, of course, it might happened within 2 years into the future, or even more, no one knows.
full member
Activity: 1708
Merit: 126
April 11, 2023, 05:52:02 PM
#25
The market isn't consistent and it's volatile and could easily change your belief in an instant. Speaking too soon about the prices wouldn't always be accurate because anything could happen instantly especially with Bitcoin. Bitcoin is actually pumping along with other coins so we can't say that the hype is over because we didn't even reach the bullish season yet. Anything surprising could happen unpredictably. Instead of worrying that the hype would be over, you better trust the potential coins that we want.
hero member
Activity: 2870
Merit: 594
April 11, 2023, 05:43:38 PM
#24

In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $18,000, same as some other big name altcoins. Even the new listed ARB has enjoyed an ATH around $1.3(if I am not wrong), and Dogecoin price was suddenly reaching an ATH at almost $0.1 after Elon Musk changed the Twitter logo as Dogecoin. However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation ? Until the next bull market comes, is this hype considered over now ? Please let me know your thoughts. By the way, I am with FireDAO team, in charge of the global community. Please feel free to contact me should you have any inquiry.
You spoke too soon though, bitcoin is now over $30k if you haven't check the price in the last 24 hours.  And all major altcoins have also increased because of the trickle effect of bitcoin.

So the moral lesson here is that the market is very volatile, when you thought that there is no hype as we have been trading sideways for the past 10 days, comes this huge uptick in the price due the news of the CPI report coming in the next couple of days the the feds are going to cut the rate or it could be the same as last month, which means the the economy is improving.
sr. member
Activity: 2002
Merit: 269
April 11, 2023, 05:31:29 PM
#23
What an interesting timing for this thread. BTC hits $30K just on the next day and internet explodes about it. I just hope it's gonna keep that level and the altcoins will follow.

Yeah, I just notice it today when I checked my portfolio so far for the last three weeks Bitcoin is great and will continue to perform better as we get closer to the next halving, and without any FUDS in the market we will go to the next price level probably the $40k mark, some altcoins will follow Bitcoin but these are altcoins that have proven their worth their worth for years.
I'm just disappointed that some new altcoins that are in my portfolio that I expect to perform when the market performs better are not doing good.
This is one of the risks of investing in new coins.
sr. member
Activity: 1414
Merit: 250
SOL.BIOKRIPT.COM
April 11, 2023, 05:27:49 PM
#22
If we look closely at the movement, Bitcoin does almost the same, and when March experiences a fairly high correction, there will be a price reflection in April. The euphoria will last through the end of the year if it continues and the market conditions are favorable. Be ready for everything because there will undoubtedly be a correction back till next August. Regarding the current excitement surrounding Doge, society continues to rely on Elon since every time he says something about the coin, the market price will change as a result of Elon's influence.
hero member
Activity: 1064
Merit: 501
April 11, 2023, 02:50:07 PM
#21
The market is all good now. Today the Bitcoin price has surged to somewhere around $30,000. A lot more people will buy in as the market continues to stride. Good for us.
Finally, the $30k bitcoin price came to be. Since the bitcoin price hits $30k, the whole crypto market has been green. Altcoins that have been stagnant in price for a long time have gained in price. This will result in many investors rushing to invest in bitcoin or any altcoin of their choice, based on FOMO.
hero member
Activity: 966
Merit: 755
April 11, 2023, 10:57:10 AM
#20
This year Bitcoin price high likely will not break new ATH because the halving event will happen in the next year, this year the price will stay at around $25K - $40K, it's already good enough, don't expect to high in this year.

Elon should be more responsible for doing such hype.
He was been warned in the last year since it's when the Dogecoin price up and people are hype with meme coins, it's followed by other meme coins like Shiba Inu and other doggy coins.
sr. member
Activity: 2436
Merit: 272
Eloncoin.org - Mars, here we come!
April 11, 2023, 10:26:39 AM
#19
BTC crossed 30K today and other coins too increasing so the bull run just started not ended whereas we can expect a correction sooner or later so for altcoin investor its good time for short term investments but don't choose just random coins and also make sure you utilise the stop loss feature of exchange to avoid loss incase of market correction.
fvb
member
Activity: 1470
Merit: 13
April 11, 2023, 09:35:41 AM
#18
I can’t say with great certainty that everything went up. But what is happening at the moment is already better than it was a long time ago. And I am glad that new promising projects are appearing, and the old ones are opening up a second wind, but in general the situation is pleasing and I think that there is an improvement
full member
Activity: 2086
Merit: 193
April 11, 2023, 09:30:47 AM
#17
There's no need for a hype with Bitcoin, it is the living proof of a better crypto.
It is not manipulated by any individual, though a big news can affects its price but in the long run Bitcoin will always prevail. What can you expect from Elon Musk? He's not a good guy and only promotes for his own benefit, imagine if you follow that hype and get trap again. Elon should be more responsible for doing such hype.
sr. member
Activity: 700
Merit: 429
April 11, 2023, 07:42:42 AM
#16

In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $18,000, same as some other big name altcoins. Even the new listed ARB has enjoyed an ATH around $1.3(if I am not wrong), and Dogecoin price was suddenly reaching an ATH at almost $0.1 after Elon Musk changed the Twitter logo to Dogecoin. However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation? Until the next bull market comes, is this hype considered over now? Please let me know your thoughts. By the way, I am with the FireDAO team, in charge of the global community. Please feel free to contact me should you have any inquiries.


The hype is not over yet as there is a new price trend now that bitcoin have crossed $30,000 this will be another ground for so many altcoins to also pick in their market any moment from now since they always follow the bitcoin market trend each point, bitcoin has to open another round of price speculation in the last weekend when it made that significant move and I also see how other coins are already showing positive outlooks in their charts this morning.


This year may be another bull year for Bitcoin, but I can't say that for sure for altcoins since the altcoin market is highly volatile and highly centralized which allows it to be easily manipulated at whatever time.

Take a look at the altcoin market to see some insane price movements that are beyond market analysis, those are the pump we are talking about, the price can do 10x within a few hours it will take 20x shade off when the prices of the leading asset correct back, this is how bad altcoin pump is.
sr. member
Activity: 1722
Merit: 269
April 11, 2023, 06:20:36 AM
#15

In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $18,000, same as some other big name altcoins. Even the new listed ARB has enjoyed an ATH around $1.3(if I am not wrong), and Dogecoin price was suddenly reaching an ATH at almost $0.1 after Elon Musk changed the Twitter logo as Dogecoin. However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation ? Until the next bull market comes, is this hype considered over now ? Please let me know your thoughts. By the way, I am with FireDAO team, in charge of the global community. Please feel free to contact me should you have any inquiry.

I personally would still say, that the overall market conditions are still positive in the crypto space. I mean for example BTC was going up from around 17k $ per coin to now 30k$ within the last 4 months or so. So i would guess that everyone agrees, that this is a huge positive price movement. At the moment the 30k$ mark is tested, which is a pretty important symbolic barrier. Of course it is also just normal, that the price can not go up 5% every day. There need to be time spans between the pump where the price is going sideways or even going down a bit again, because people are taking profits and selling a bit of their holdings too.
sr. member
Activity: 2310
Merit: 366
April 11, 2023, 06:10:11 AM
#14
The hype can only be applied to Dogecoin I think. Elon Musk started it with another antic. Aside from Elon replacing the Twitter logo with Dogecoin's logo, there is nothing special development or update announced about Dogecoin. As to Bitcoin and Ethereum, I didn't see any hype. Bitcoin's upcoming halving is not yet causing a hype. Ethereum's next upgrade is also not causing the kind of quick hype that Elon caused to Dogecoin's price.
hero member
Activity: 2814
Merit: 578
April 11, 2023, 06:03:16 AM
#13
In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $18,000
You've typed one more zero for ETH's price and right now, it has reached $1900.

Even the new listed ARB has enjoyed an ATH around $1.3(if I am not wrong)
I see on its chart that it's around $1.54.

and Dogecoin price was suddenly reaching an ATH at almost $0.1 after Elon Musk changed the Twitter logo as Dogecoin. However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation ? Until the next bull market comes, is this hype considered over now ? Please let me know your thoughts. By the way, I am with FireDAO team, in charge of the global community. Please feel free to contact me should you have any inquiry.
Well, the hype is starting to get near again because the bull run might occur soon. These market fluctuations are normal and whenever bitcoin shows dominance and increase in price, all cryptos are following.
hero member
Activity: 2184
Merit: 585
You own the pen
April 11, 2023, 05:53:23 AM
#12
A little correction with the market is not that alarming at all hence market has its own cycle to begin with, likely we are in good market conditions that indicates more recovery more to come, in short the market is bullish. The hype is still there and no need to worry about it because bitcoin is making good charts that also indicates we will repeat a same scenario for the upcoming bull market and halving as well.

When the price suddenly drops, that's not a sign of the end of the hype rather sometimes it's just a matter of common basic things that are always happening in the crypto market. remember that the crypto market is volatile and things like this can always occur but that does not mean that it won't recover and push even harder than it was. sometimes after correction, there will be bull runs after that and it will be best if you can just hold on to your investment rather than panicking and blindly selling it without hesitation because there will be a chance for the price to increase after that.
sr. member
Activity: 1372
Merit: 252
April 11, 2023, 04:58:17 AM
#11
Yes I am just about to say this. I think the hype is now going to begin to pick up even more now. Bitcoin is 30k and the alt coins are showing gains also.
It took us a long time to break past this 30k. We did not see a Bitcoin price of 30k again since June of last year which is almost 1 full year. Maybe we can prepare for a 'bull run'.
Either way it's a good thing but we need to look at it as a whole because anything can happen,
hope Bitcoin continues to show a positive trend,
the important thing is to continue to follow developments and let's see whether it will be a bull run or not.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
April 11, 2023, 03:59:56 AM
#10
Yes I am just about to say this. I think the hype is now going to begin to pick up even more now. Bitcoin is 30k and the alt coins are showing gains also.
It took us a long time to break past this 30k. We did not see a Bitcoin price of 30k again since June of last year which is almost 1 full year. Maybe we can prepare for a 'bull run'.
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