Quote from: ShowOff on May 05, 2019, 07:53:49 AM

Quote from: Fredomago on May 04, 2019, 11:45:38 PM

Quote from: passwordnow on May 04, 2019, 06:50:12 PM

Quote from: truongdhnh on May 04, 2019, 07:38:05 AM

The crypto market is very prosperous. I observe all the green covering. Perhaps the good news will happen continuously in May. The sign of the price increase will probably end the period of the bear market.

With good news or without, the market is totally bound to get up. Confirmation of the end of bear market, I don't think that it's already confirmed that we have been gone out of it. The signs might be obvious but if you're a speculator to the market, you're likely to say with your predictions and speculations to be safe first because with the unreadable movement of crypto market. It's difficult to say that this market has already ended, it may possibly ended but we can't be sure of it.

There's no real assurance even we are seeing good bounce up since this year started, we can only say that everything is settled when market showed big rise and bring more upwards trends, this continues green market is bringing more trust from investors and traders to keep holding and aimed for bigger profits.

As long big investor not sell their coins and keep holding, maybe bitcoin price can keep grow. We can't resist if bitcoin price move because supply and demand but maybe some other factor can be really affect on it.

Investors will not sell at the current price, it's still cheap, the weak hands are gone because they panic last year.
People who are holding until now are waiting for the right timing to sell, and since bitcoin reach $20,000 last 2017, so there are investors who certainly bought during the peak and they need bitcoin to reach its ATH or surpass it for them to sell with a profit.