It is not that bad considering the bigger picture of the market. December 2018, 2019 were both months were the crypto market closed in a red candle, and for this year, I believe that will be the case too and even going into 2022 but I strongly believe that 2022 will be another big upside for the market because, from a Daily and weekly chart, BTC is very close to major support that I think will push the market back up in 2022 to a new ATH.(https://pbs.twimg.com/media/FH0z3FjVEAMPxET?format=jpg&name=small)
Based in my geographical location, tomorrow is going to be the last day for 2021 and today when I look at the famous CMC I am seeing so many coins and tokens swimming in RED tide. What a 'disappointing" way to end the year...but what can be more disappointing if the first few days and even weeks of 2022 can also be infected with the red virus.
Just days ago, I was assuming that maybe the remaining days of the holiday season can be more forgiving for the cryptocurrency industry but it turns out that am so wrong...because here we are dressed in red - anyway the official color of the season and that of Santa Claus.
Anything else you may want to add?
Anything else you may want to add?
I am noticing nothing negatively on this market. I was telling on recent past that the end of the year always looming negative trend and it has happened nothing else. Howver it looks btc on sideways so that we need to become patient without having panicked. The last month always give us downtrend on all the market for the XMAS and also for new year leave. So that i think the market will recover soon and we can see a uptrend which will get the momentum . I am still holding my nerve for upcoming days.(https://pbs.twimg.com/media/FH0z3FjVEAMPxET?format=jpg&name=small)
Based in my geographical location, tomorrow is going to be the last day for 2021 and today when I look at the famous CMC I am seeing so many coins and tokens swimming in RED tide. What a 'disappointing" way to end the year...but what can be more disappointing if the first few days and even weeks of 2022 can also be infected with the red virus.
Just days ago, I was assuming that maybe the remaining days of the holiday season can be more forgiving for the cryptocurrency industry but it turns out that am so wrong...because here we are dressed in red - anyway the official color of the season and that of Santa Claus.
Anything else you may want to add?
I do not think that the first weeks of the New Year will be constantly red, but I do not expect a noticeable increase in cryptocurrency prices in January either. Most likely, prices will continue to float up and down for now. It is not yet clear what will happen to prices in the coming months. Therefore, I decided not to touch my coins and tokens for now, I will neither sell nor buy. For now, just need to watch the market.
I think we will see red market for a long period. Too much negative has accumulated in the world. It will take for it to recover, and of course cryptocurrency will play one of major roles in it. What we have now - pandemic still is not beaten. Prices on everything only grows up faster than usually. So far a lot of funds were moved from crypto to cover losses in these areas. And without "fresh money" it will be hard to pump crypto prices up.
These two days I will probably never forget in my life in this Cryptocurrency, My assets are down 80%. This really took me by surprise, but I couldn't do anything about it. Just Silence, and hope the price goes up again. But it turns out that I didn't experience this incident myself, many of my friends had the same fate from the red market conditions.
2021 ends with a red market of course don't sell and buy first if the market is green and stable it will be encouraging of course I hope the coin will continue to rise this year and the year to come
i think the red crypto market has nothing to do with the new year, an investor is taking profit for other purposes and some information about The FED gives a lot of big psychological impact to investors, last year we saw new ATH in crypto space, Bitcoin and aktcoins rose more than 2x becomes 5x, currently the market is red and that's normal
i think the red crypto market has nothing to do with the new year, an investor is taking profit for other purposes and some information about The FED gives a lot of big psychological impact to investors, last year we saw new ATH in crypto space, Bitcoin and aktcoins rose more than 2x becomes 5x, currently the market is red and that's normal
When the market is red , I think It's the right time to buy more.
I also believe market will recover again.
So, I have bought more and started hold for long term investment wait teh bullish again.
Unfortunately, at the end of 2021, a bearish trend began and we are still in a bearish trend, but this, of course, is all temporary, because the time will come when the cryptocurrency market will start to grow again, but it may be that the next pump of the cryptocurrency market will begin only after 2-3 years.
Unfortunately, at the end of 2021, a bearish trend began and we are still in a bearish trend, but this, of course, is all temporary, because the time will come when the cryptocurrency market will start to grow again, but it may be that the next pump of the cryptocurrency market will begin only after 2-3 years.
The next bull run will not take 2 or 3 years as you say. Cryptocurrencies are more famous today than ever, some of the largest exchanges advertise on television and others buy image rights in large sports arenas, that is something that has not happened so far. A new bull run may take a while, but I have a feeling we won't have to wait as long as you say, we may see it this year since there are many new companies that invest now for the first time.
It's not just going to happen in 2021, I think it's kind of a tradition from before.
At the end of each year, cryptocurrencies must experience a lot of decline, even the volume of cryptocurrency trading decreases quite a lot.
Some people believe that the end of the year is where we should take our mind off their candles, to focus on year-end holidays, enjoy the profits that have been made and come back again in Q2 in the following year.
No need to worry cuz this isn't new for us. The situation repeatedly happen whether December or not. Increase and Decline will happen on its season. And the thing that we should not forget is the market can recover despite of dramatic dump.
We hope the first days of 2022 will be good. Nevertheless, crypto life must go on whichever we are heading.
We may see a new ATH much sooner than we think. With news coming out of Russia about crypto mining and oil and gas sales accepting Bitcoin as payment, the market will also pick up steam with the help of new companies that are investing. We are at an inflection point where the market wants to grow very fast and just needs to overcome certain barriers, barriers that could be overcome if Bitcoin exceeds $50,000 in the coming days.
I see the market is red now, But I think It's just correction before will jump.
I think Bitcoin price will touch ne ATH soon.
The Current bearish will different to last bearish.
Crypto market seems strong and still high demand.
So , We should wait and don't be panic.
Crypto price will soar. Believe it.
Many crypto experts were saying BTC will hit $60-$80K end of the year and now Btc is moving around $47K only but I am not hopeless I know BTC can do unexpected moves any day. We can hope the new year brings the green market again in the 2nd week of January till then many of the traders will back to the work again after enjoying the holidays.Therefore, I am once again convinced that the opinions of these experts do not really mean anything. The bear market is already almost the entire first half of 2022 and it looks like this is far from the limit. If at the beginning of the year the price of bitcoin was more than $46,000, now it is slightly higher than $21,000. More than doubled. In these summer months, there is no hope that the market will change for the better. At least, this may already happen with the beginning of autumn.