Topic: This Huge Price Increase - page 2. (Read 11812 times)
LMFAO when I saw BTC finally hitting $4110ish. The last time I checked was BTC is around $3200. This great increase, have pulled other coins up as well. It is a trap for people to start buying again, making the market look good, and then until it hit a tremendous reversal. Now I see what they mean when they say wolf-in-a-sheep's-clothing. What happened to BTC last few days just proves that it is still controlled by minority who just wants to deceive and rob people.
I think this is only a slight growth of the market. because it has gone down more than this growth. This is just a signal that increases investor morale. The whales will not want all investors to leave the market, so they decide to pump crypto.
It is just the beginning and long way to go for the bitcoin and soon we will see the price to rise 10k and above and happy days will be back as many investors had being waiting and holding their coins and not panicking like others. This is the start of the reward for them to make money on their invested amount.
Really? Huge price increase? It is around 3900 or so right now, it was like this just 2 weeks ago, how could we call this a huge price increase when we were just here only 2 weeks ago? People in bitcoin really love a bull rally, if you tell someone that bitcoin will fall from $4k to $1k but will get back to $4k all in the span of one month they would actually love it because even though there is a drop in price it would result with a bull rally and they want to clearly see a bull rally regardless of the previous drops.
Yes, it is great that bitcoin didn't keep on falling, the 3 options of going down, staying same and going up are clearly giving us only one good option of going up so I am fine with it but lets not really get excited and assume 2 weeks ago price is some huge increase.
Yes, it is great that bitcoin didn't keep on falling, the 3 options of going down, staying same and going up are clearly giving us only one good option of going up so I am fine with it but lets not really get excited and assume 2 weeks ago price is some huge increase.
Now people are going to be angry that they didn't buy at 3k levels. I keep telling people it is nearly impossible to time this market and you should always cost average. A lot of speculators were too greedy and were waiting for 1k or 2k bitcoin to be hit again but it looks like that will never happen. I think the upcoming year will have tremendous growth back towards the all time high.
The only "people" who will be angry because "they" were waiting for "$1000 or $2000" that did not come are the whalecummulators. I believe that this is a pleb's rally, it will be crashed by "them" again within two weeks.
Possible since they have the ability to do that and they would already be in profit just from this current run. If what you say comes true, then we still have time to enjoy the profits we're making from buying last week 😃
We plebs will not make consistent profits by playing the whalecumulators game. We do not have hundreds of millions or the billions to make more millions in the smallest of upticks.
Enjoy your small profits now, but "they" will get more from you. It is more sensible to buy the dip, and hold.
the bear market has been over for a couple of months now and the fact that price dropped below $6k doesn't mean it was the "bear market" that caused the drop. it was instead pure manipulation that caused a crash and crashes are not equal to being in a bear market.
how can you tell the difference?
mainly based on the type of the drop. it was not natural price decrease but a dramatic dump with lots of FUD and manipulation of the market. investors were clearly reluctant to sell which was evident from the strong buy support at $6k and the market sentiment and the only reason for the drop was the BCASH FUD.
this is also NOT a huge price increase. it was indeed a small one. a huge price increase would have been going near $6k and try to break that resistance which is clearly not happening.
with that said if someone interprets this as "huge rise" and then pulls his pants down then it is their own fault!
with that said if someone interprets this as "huge rise" and then pulls his pants down then it is their own fault!
we could be well on our way there. i know masterluc expected a retest of that area even if we were eventually headed for sub-$2k.
i'd say a 30% gain over 5 days is pretty impressive, and very lucrative to trade. not as impressive as november's dumps, but nothing to sneeze at either!
if the drop continues, then this is still not a bear market. the follow up will be. but it will be a forced bear market not a natural one.
What's been happening in the cryptocurrency market is a sustained growth. When the price was around the same value users were speculating that it'll reach $6000 and $10000. To the expectation, surprise growth took place taking the price reach $20000. With this anything could happen unlike the time period. We need to be prepared to meet the pumps and dumps.
I think this is only a slight growth of the market. because it has gone down more than this growth. This is just a signal that increases investor morale. The whales will not want all investors to leave the market, so they decide to pump crypto.
I'm not confident as well with these increases but that's it, if this is just a trap we will know but if this really is the end of the bear we will also know about that. It's another time to prove that when bitcoin goes up, alts are also going bitcoin's path.
A Christmas rally and wants people to have another great holidays..
Totally agree wirh you bro. But we hope the price of the cryptocoins will really increase the value. The end of the dump market is gone I think but once the people panic again we expected the price will fall again and maybe it will become more worst. A Christmas rally and wants people to have another great holidays..
Bitcoin price fluctuations continue to occur in these two days starting from -4.08% to reach + 3.65% meaning that it is clear that the price of bitcoin is struggling and trying to rise to find the best price, for me this is the best fluctuation rather than previous price movements. $ 3000 might happen, because at Christmas time there will most likely be a lot of sales going on here and there, but after that it might also be the last bearish.
The $6000 line could be hit for the end of the year at this speed.
There's a decent chance that's where we're headed. Or close to it anyway, upper $5,000s area. That wouldn't mean the bear market is over though. It would probably be an excellent selling opportunity. Just imagine how many bagholders must be waiting to sell.
The chances are very high that we'll revisit the $3,000 area eventually.
Now people are going to be angry that they didn't buy at 3k levels. I keep telling people it is nearly impossible to time this market and you should always cost average. A lot of speculators were too greedy and were waiting for 1k or 2k bitcoin to be hit again but it looks like that will never happen. I think the upcoming year will have tremendous growth back towards the all time high.
The only "people" who will be angry because "they" were waiting for "$1000 or $2000" that did not come are the whalecummulators. I believe that this is a pleb's rally, it will be crashed by "them" again within two weeks.
Possible since they have the ability to do that and they would already be in profit just from this current run. If what you say comes true, then we still have time to enjoy the profits we're making from buying last week 😃
bulls don't really want to see that. anything that happens so quickly will end as a brutal wick. it would just be an empty short squeeze that would precede another crash.
This seems like the most likely scenario now, the price will fail to increase further which will soon trigger another crash, perhaps we'll even go below $3,000. I've already sold a small amount today and will probably sell more later today to buyback after the crash.
1 year after the ATH is just to soon for a new bull run and I expect cycles to become more stretched in time as Bitcoin matures, so this pump looks just way too suspicious.
Now people are going to be angry that they didn't buy at 3k levels. I keep telling people it is nearly impossible to time this market and you should always cost average. A lot of speculators were too greedy and were waiting for 1k or 2k bitcoin to be hit again but it looks like that will never happen. I think the upcoming year will have tremendous growth back towards the all time high.
The only "people" who will be angry because "they" were waiting for "$1000 or $2000" that did not come are the whalecummulators. I believe that this is a pleb's rally, it will be crashed by "them" again within two weeks.
Seriously...
[im g]https://i.imgur.com/OndK9IM.png[/img]
It's like we're being tricked into thinking that the bear market is finally over...
Could end up in another wtf moment with our pants down.
This is the problem 2018 bear market created. I have cashed out all my bitcoins and now waiting in fiat to purchase back when the price falls back. Like I know bitcoin will ever drop or not, I have no idea if the price will go down again, why do I feel like this increase is fake and it will go down again than ? I think 2018 created an imaginary situation in our minds that if we keep on believing bitcoin will rise we will be hurt and it will go down because that is what happened in 2018, so even when its going up we can't really get ourselves to believe its a bull run.[im g]https://i.imgur.com/OndK9IM.png[/img]
It's like we're being tricked into thinking that the bear market is finally over...
Could end up in another wtf moment with our pants down.As long as people do not see any increase as a blessing and start believing its a good thing than we are going to fall back anyway. The pessimistic approach to the price we have right now because of 2018 will continue for a while and will definitely affect the price as well.
Seriously...
[im g]https://i.imgur.com/OndK9IM.png[/img]
It's like we're being tricked into thinking that the bear market is finally over... Could end up in another wtf moment with our pants down.
This is the problem 2018 bear market created. I have cashed out all my bitcoins and now waiting in fiat to purchase back when the price falls back. Like I know bitcoin will ever drop or not, I have no idea if the price will go down again, why do I feel like this increase is fake and it will go down again than ? I think 2018 created an imaginary situation in our minds that if we keep on believing bitcoin will rise we will be hurt and it will go down because that is what happened in 2018, so even when its going up we can't really get ourselves to believe its a bull run.[im g]https://i.imgur.com/OndK9IM.png[/img]
It's like we're being tricked into thinking that the bear market is finally over...
Could end up in another wtf moment with our pants down.As long as people do not see any increase as a blessing and start believing its a good thing than we are going to fall back anyway. The pessimistic approach to the price we have right now because of 2018 will continue for a while and will definitely affect the price as well.
I fail to see the "huge" increase here. We are still around 4k, and still in a bear market.
I see a bull trap here, actually. Its similar to the rise from 6k to 8k, which happened some months ago.
Huge price increase would be if we had got to near 10k, all of a sudden.
I see a bull trap here, actually. Its similar to the rise from 6k to 8k, which happened some months ago.
Huge price increase would be if we had got to near 10k, all of a sudden.
bulls don't really want to see that. anything that happens so quickly will end as a brutal wick. it would just be an empty short squeeze that would precede another crash.
in a typical wyckoff reversal, what we want to see is a strong bullish reaction off the lows, just like this---bullish engulfing, strong volume rally into resistance. if the market can consolidate and hold support without new lows now, shorts will pile on and help propel us into the $5000s.
if that plays out, it'll look like "phase A" of an accumulation schematic. dmwardjr's model has been spot-on so far, check it out: https://www.tradingview.com/x/l8BeQtyp
I fail to see the "huge" increase here. We are still around 4k, and still in a bear market.
I see a bull trap here, actually. Its similar to the rise from 6k to 8k, which happened some months ago.
Huge price increase would be if we had got to near 10k, all of a sudden.
I see a bull trap here, actually. Its similar to the rise from 6k to 8k, which happened some months ago.
Huge price increase would be if we had got to near 10k, all of a sudden.
Of a truth I did not expect bitcoin to go as high as it went this two days. The current bullish trend is really very impressive and it is a sign that cryptocurrencies market cannot die but remain with us. I read a speculations were some said bitcoin is not going to cross $4000 this year again but thank God it did.
A lot of speculators were too greedy and were waiting for 1k or 2k bitcoin to be hit again but it looks like that will never happen.
I wouldn't call them greedy, I mean, almost everyone in the crypto space kept saying that the real bottom was going to be sub 3k so for all of people it was the right move to wait for those low level, especially with the current market trend which is still bearish. It would be really good if the $4500 barrier was defeated by the end of this year, so that we never return to these terrible prices. But how long this $5k-$7k thing will be going - that could take another year.
With the current trend, we could see 4.5k this week or maybe next week, although I'm still not completely sold on this uptrend, it just came out of nowhere. About the 5k-7k, we have a couple of events early next year that could trigger a bit of btc rally so I wouldn't be surprised if we hit those levels in less than a year.
Yes, look at BCH its unbelievable. The entire market is pumping and really good to see the change I guess we are nearing to the bull run, here is a genuine example for sudden pump and we saw the dump last month. That's the reason a lot of them say crypto is unpredictable.
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