Quote from: gabmen on February 08, 2019, 04:46:16 PM

Quote from: romero121 on February 08, 2019, 04:27:14 PM

After a long the market was found recovering with majority of the coins being indicated in green. Possibly the market will progress slowly, and this seems to be the beginning. Even in the past during the days close to the Chinese New Year there'll be market variation. This too maybe the same. Hope the growth continues in a gradual manner.

Hopefully it does. There have been a lot of times when the market showed green in general for a few days and was really promising, but then turned around again. I guess we really can't expect a sustained recovery just yet unless we get a legitimate catalyst to start off a run

It's too early to tell

Bitcoin rising 300 dollars doesn't mean a major recovery as it is only a minor rebound, probably before tanking lower. There were quite a few recently, with prices rising over 4k and we still couldn't stay there. As I see it, the real recovery will start after we break out of 5k. This price will be a major resistance level with lots of shorts entering the market, and if we fail to penetrate it, we will still be in a long-term downtrend