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CryptoCurrency Discuss all CryptoCurrencies / coins and their use for personal or business purposes. Bitcoin (BTC) is possibly the best known but there are numerous crypto currencies, this is the forum to discuss them all.

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  #1  
Old 04-24-2018
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Default A Bitcoin Bull Run Spring Of 2018 ???

I guess I'll be the one to put myself out there and make the 1st thread for this cycle...

It's still really early to call this a bull run... But if you haven't been paying attention on April 4th we entered a death cross on the daily chart, where the 50 day MA dropped down below the 200 day MA...

On April 6th we hit a low of 6.5k... After six days of moving sideways, on April 12th, some institutional money bought up a large amount of BTC driving up the price by a little over $1k in less than 60 minutes which set us in motion to the up side.

We managed to break through the 50, the 200... and yesterday the 100 day MA..

Now we just need to see if we can get a golden cross where the green 50 day breaks back through the red 200 day MA... If it does we might be in for a ride.

We should know in the next couple of days...

The fundamentals of BTC have never been stronger so no reason why it couldn't happen... Plus tax season is over.. And we might have hit a double bottom at 6k in feb and 6.5k on the 6th...



I'd recommend to not chase the price. If you have some extra cash you want to invest I'd do a cash deposit on coinbase which takes up to a week to clear and transfer it over to GDAX and set a limit order at what you consider a good price. It's unlikely the price will go straight up. Wait for the dip... if you get lucky the limit order will get filled, if not, no loss.

I don't do short term trades. I'm a hodler of last resort... I've only been adding to the positions I picked up last summer. I still have limit orders set at 6.5k, 6k and 5.5k... (which I'm probably going to need to change)

Last edited by nate; 04-24-2018 at 10:23 PM.
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Old 04-24-2018
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Default Re: A Bitcoin Bull Run Spring Of 2018 ???

I also called it before you did, check my post

https://www.aspkin.com/forums/crypto...-reversal.html
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  #3  
Old 04-24-2018
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Default Re: A Bitcoin Bull Run Spring Of 2018 ???

Now that taxes is done and people understand how that will affect their trades; I can see those who were scared to trade before get back in the market. Also lots of support recently. I haven't watched it too closely but I do welcome a nice bull run.
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Old 04-24-2018
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Default Re: A Bitcoin Bull Run Spring Of 2018 ???

Quote:
Originally Posted by empirestate View Post
I also called it before you did, check my post

https://www.aspkin.com/forums/crypto...-reversal.html
Yeah you always see everything before everybody else. That's why you waited for it to hit $6.8k. No wait - $6.4k. No wait - $3k.
And you bought bought bought.
We are all very envious of your superior intellect and your vast earnings.
LOL!!!!
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Old 04-25-2018
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Default Re: A Bitcoin Bull Run Spring Of 2018 ???

We are going to the moon my friends. Your HODLing will be rewarded. Am I contributing to the FOMO? You bet!!! Blame Me!!!
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Old 04-25-2018
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Default Re: A Bitcoin Bull Run Spring Of 2018 ???

Quote:
Originally Posted by vogeltron View Post
We are going to the moon my friends. Your HODLing will be rewarded. Am I contributing to the FOMO? You bet!!! Blame Me!!!
Don't forget YOLO
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Old 05-08-2018
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Default Re: A Bitcoin Bull Run Spring Of 2018 ???

What a time to be alive.
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Old 05-09-2018
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Default Re: A Bitcoin Bull Run Spring Of 2018 ???

Quote:
Originally Posted by JavierFranco View Post
What a time to be alive.
Not everyone is though... #eeriemusic
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