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Topic: Total Marketcap is rising, start of bullish market? (Read 504 times)

legendary
Activity: 1442
Merit: 1016
Most people still don't know how the crypto market works. It will go up and it will come down. All you need to do is know how well to play the market to your favor.

All markets go up and down. Cheesy
And when you say "all you need to know is how well to play the market...", well it is not that easy. Because if it would, all the people here would be god damn millionaires already.
Trading and investing is tough, and absolutely not a a no brainer. It's hard work, a lot of analysis has to be done and you need patience and a clear mind (no fomo, uber excitement, fear of losing etc.). 
hero member
Activity: 714
Merit: 500
It's a regular phenomenon which we are noticing.Now everyone would be buying coins at a faster pace.Then big whales would start their game and spread FUD in the market which would make cryptos price fall.Then most of the people would sell their coins in panic and big whales would have a great meal.There's nothing new in it.
full member
Activity: 658
Merit: 117
Most people still don't know how the crypto market works. It will go up and it will come down. All you need to do is know how well to play the market to your favor.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
I think it's very important to keep that option in mind. With the crypto markets, it's very hard to pinpoint when exactly the markets might flip around. However, as of now, the general market has been showing pretty strong signs of a flip.

It is reassuring but as you mentioned it is hard to predict what will happens.
Price currently over $9000 but consolidation is still required to maintain this goal Smiley
Always hard to predict what will ever happen but fundamentally, things are actually looking pretty good for the general market. I believe we will get to see the altcoin market make the move first before we will get to see bitcoin making any move. I want to also believe we will not get to see some strange things that would come spoil the fun. It is about time we started seeing some action in the market after the long period of market decline anyway. Marketcap is an attractive thing which induce most investors to come forward to invest with. Even marketcap is not doing anything with real time applications, many people still consider it as a big factor to compare markets to choose the best investment opportunity.
hero member
Activity: 2002
Merit: 535
I see green prices again consecutively, bitcoin also prices show their contribution to hitting prices at $ 11,000. I think the chaos that happened in the last few weeks is over, now it's time for us to fight for more benefits and benefits back.
The positive thing is that the market held through even when the alt coin market went down and finally we saw a bit of a correction, but i am sure it will recover eventually, never expect to see a rally in this period but we will see some sustainable growth and eventually we will see the big rally everyone is expecting.
legendary
Activity: 1232
Merit: 1029
I think it's very important to keep that option in mind. With the crypto markets, it's very hard to pinpoint when exactly the markets might flip around. However, as of now, the general market has been showing pretty strong signs of a flip. Bitcoin has been increasing steadily and the market cap has been doing well recently as well. It seems as though the turn around might begin this month. It seems like it came a little late in comparison to the past few years, but I don't see how there can be a major halt in the current momentum of the markets.
Most especially the altcoin markets and we may actually get to start seeing bitcoin entering a period of consolidation for a while now and then we may see how things turn out for the altcoins. Most of the time, seeing the market this way shows some bullish signs are coming up and we always know how the table is most of the time. Let us see how this one is going to be playing out in the coming weeks and days.  I sure see some pretty good rise in the market though.
member
Activity: 546
Merit: 17
I can see now that total marketcap started to go up since lastweek, maybe an indication of bullish market for crypto,.
we really just have to hold and believe, Patience is the key of success. Smiley  those who are still holding even 70% loss is the true warrior in market., you cant win unless we fight,, Smiley
I see green prices again consecutively, bitcoin also prices show their contribution to hitting prices at $ 11,000. I think the chaos that happened in the last few weeks is over, now it's time for us to fight for more benefits and benefits back.
hero member
Activity: 1106
Merit: 506
yes it looks like the market will start bullish, and we can see the price of bitcoin including altcoin others start showing big pump, this indicates a lot of whale that have started entering market cryptocurrency. and this year seems to be a bigger sense of pump wave than in 2017, we'll see it over time this year.
hero member
Activity: 1666
Merit: 753
I can see now that total marketcap started to go up since lastweek, maybe an indication of bullish market for crypto,.
we really just have to hold and believe, Patience is the key of success. Smiley  those who are still holding even 70% loss is the true warrior in market., you cant win unless we fight,, Smiley

Nobody should have bought at the all time high, because it was clear that the markets were overheated and a big correction was definitely due.

But yes, we're seeing quite a dramatic turn of events here. BTC first reached the $8k mark, and just yesterday reached $9k as well. Markets have been extremely bullish for over a week now. I think for that reason, a dump is probably going to come soon, probably around the $9.5-10k area.

We're seeing the same thing now compared to December, there are panic/FOMO buyers which means that when a small correction happens, they are likely to panic sell as well. That's why I expect the correction to be huge, so do prepare for that and don't buy up too much when markets are this bullish.
legendary
Activity: 3178
Merit: 1140
#SWGT CERTIK Audited
I think it's very important to keep that option in mind. With the crypto markets, it's very hard to pinpoint when exactly the markets might flip around. However, as of now, the general market has been showing pretty strong signs of a flip.

It is reassuring but as you mentioned it is hard to predict what will happens.
Price currently over $9000 but consolidation is still required to maintain this goal Smiley
legendary
Activity: 1414
Merit: 1039
The market has already declined significantly since the Dec ATH, so possibly it already hit the bottom and we are in for a bull market. I do hope the increasing Market cap is a sign of this, but this could simply be a bull trap and the downtrend could continue... But shouldn't this be in Speculation?

I think it's very important to keep that option in mind. With the crypto markets, it's very hard to pinpoint when exactly the markets might flip around. However, as of now, the general market has been showing pretty strong signs of a flip. Bitcoin has been increasing steadily and the market cap has been doing well recently as well. It seems as though the turn around might begin this month. It seems like it came a little late in comparison to the past few years, but I don't see how there can be a major halt in the current momentum of the markets.
sr. member
Activity: 686
Merit: 250
I can see now that total marketcap started to go up since lastweek, maybe an indication of bullish market for crypto,.
we really just have to hold and believe, Patience is the key of success. Smiley  those who are still holding even 70% loss is the true warrior in market., you cant win unless we fight,, Smiley
Not every single growth in the price of bitcoin means that we are getting a bullish market and not every decrease in the price means that we are getting a bearish market, the price of bitcoin is recovering and that is a good thing but you should not get your hopes up, that another bull market is forming after the last one just ended a few months ago.
hero member
Activity: 2926
Merit: 640
I can see now that total marketcap started to go up since lastweek, maybe an indication of bullish market for crypto,.
we really just have to hold and believe, Patience is the key of success. Smiley  those who are still holding even 70% loss is the true warrior in market., you cant win unless we fight,, Smiley
It is still too early to start thinking of a bullish market anyway as we will get to see how things turn out in a little while. I am optimistic in the long term, but in the short, we both know how volatile the market is and what we can always end up expecting.

Nevertheless, I believe this market is about to get set consolidating and if we get to see this happen, we may actually be in for a very sweet ride after that since we are outside the downtrend at least for now. I mean, downtrend may find its end at any time soon and bulls may take control of the entire crypto markets at any time.
member
Activity: 644
Merit: 10
That was just a beartrap..
Off to $100k
 Are you blind ? Or your just claiming your self as a expert and want to scare someone to hold on this circumstances? Lol provide your proofs here pal 'cause no one will trust on that stuff,  especially on this situation which is the price is gradually climbing  .

I think you misunderstood him lol. What he meant by bear trap was basically that Bitcoin was never in a bearish trend to begin with, it just looked that way.

That being said, anyone can make better predictions than any expert because pretty much everything in the market is fueled by speculations and current events. No one should trust anyone on any of this stuff lol.
I totally agree with your opinion, as these predictions never justified and do not meet the reality. better to focus on the market and so will be able to better to avoid risky situations .
hero member
Activity: 1834
Merit: 759
That was just a beartrap..
Off to $100k
 Are you blind ? Or your just claiming your self as a expert and want to scare someone to hold on this circumstances? Lol provide your proofs here pal 'cause no one will trust on that stuff,  especially on this situation which is the price is gradually climbing  .

I think you misunderstood him lol. What he meant by bear trap was basically that Bitcoin was never in a bearish trend to begin with, it just looked that way.

That being said, anyone can make better predictions than any expert because pretty much everything in the market is fueled by speculations and current events. No one should trust anyone on any of this stuff lol.
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
everything looks bullish for bitcoin now and it is officially outside of the bear zone when it crossed the $8000 and the current price is killing any kind of doubt that anyone may have about this not being bullish.

but the total market cap is not one of those signs. in fact when i see the total market cap is rising it scares me because i completely remember last time altcoins got pumped this hard. they pulled bitcoin down with them as they continued getting dumped...
legendary
Activity: 1554
Merit: 1054
yes i see it also. anything is possible in crypto world.
altcoins also started to make a move since last week. hope my loss will recover soon. Sad goodluck to all of us
Yeah, anything is possible. We have had hope before that ended up being dashed and then we saw the market back down inside the downtrend all of a sudden again. I understand these things are some of the things we will definitely keep seeing for a while until we get to see the market fully recover and we switch to an uptrend, but for now, I am personally keeping all my fingers crossed and hoping for better days ahead.

I am expecting we will get to see the market spring back in few months’ time anyway. Rise of marketcap may be a signal still its significance need to be fully analyzed. Over time, volume of most cryptos will be high hence any small rise in price also will compete previous peak marketcap. So, not an exact symptom for hoping on bullish market.
full member
Activity: 1064
Merit: 112
That was just a beartrap..
Off to $100k
 Are you blind ? Or your just claiming your self as a expert and want to scare someone to hold on this circumstances? Lol provide your proofs here pal 'cause no one will trust on that stuff,  especially on this situation which is the price is gradually climbing  .
hero member
Activity: 1526
Merit: 596
I can see now that total marketcap started to go up since lastweek, maybe an indication of bullish market for crypto,.
we really just have to hold and believe, Patience is the key of success. Smiley  those who are still holding even 70% loss is the true warrior in market., you cant win unless we fight,, Smiley

We've definitely sen BTC make some positive moves over the last few weeks.

But to me, I don't see this as a start of a bull market. There is simply not enough momentum, in my opinion, for this short term rally to completely reverse the overall market sentiment from bearish to bullish yet.

But the signs are here for this rally to last a bit longer, possibly until the end of the month before any sort of legitimate correction comes. Obviously, there is the tax day bullish indication. And now, the price has hit $8.5k which is a strong sign that BTC will test $9k soon, and if breached, will go on to test $10k. However, that's where I think the ceiling for price growth really is for this rally, around the $10k level. After that, we may fall again into the previous bear market. I do see a strong recovery in 2019-2020, where the real bull market will emerge.
hero member
Activity: 2240
Merit: 848
I have no reason to believe this isn't the start of a bull run. I previously was cautious about it, but now seeing that we have only had one minor red day or two in the past couple of weeks how is that not bullish? Sure the green days haven't been absurdly hot in terms of valuations increasing but the rise has been slow and steady. I prefer slow and steady and if we did this for another 2 months I would be absolutely fine with that.


Yeah I agree it is very likely we are out of bear market territory.

We might have 6 months of slow steady growth before it gets back to $20k. Once it starts getting back close to the all time high Bitcoin is gonna be in the media everywhere again and a new hype phase will begin. But until that next boom phase beings its a slow bull market for probably most of the rest of this year.

Upcoming Bull market:
$10k in May/June
$15k in Aug/Sept
$20k in Nov/Dec
2019 -> $70k
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