Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Bobcrypto on December 20, 2021, 02:15:11 PM
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I am not an expert when comes to crypto analysis or predictions, unfortunately, what is currently happening on the crypto market since 30 days is a bear run. I konw many will argue that we are not yet on bear run but all bear market trends may not take the same pattern. Change is inevitable and I think that crypto market prices trends since late 2020 till date has changed drastically. This a bear run in my opinion. what are thoughts?
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I am not an expert when comes to crypto analysis or predictions, unfortunately, what is currently happening on the crypto market since 30 days is a bear run. I konw many will argue that we are not yet on bear run but all bear market trends may not take the same pattern. Change is inevitable and I think that crypto market prices trends since late 2020 till date has changed drastically. This a bear run in my opinion. what are thoughts?
IMO, I believe we are not yet on the long bearish period, But as we observe the bull is very weak this time, As the current market status as of today, seems stagnant and I don't think it will last for long? what I believe is it's just temporary and partly driven by the holiday rush people needs money because of the upcoming festivities that's why the selling pressure was also high.
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I think it's very early to come on the conclusion of a bear market. Right now the market is scaring us by slowly-slowly dropping it might be due to the festival season or might be due to the corona spreading again at a high pace. I hope the market will remain like this in the December hope market will improve in January. By the way, there is no negative news I heard let's hope the market will recover soon.
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The fall in prices in the cryptocurrency market has been going on for November and December. It is already quite a long time to say that this is only a market correction. Of course, both the correction and even the bearish period are temporary phenomena and someday the prices in the market will go up again. But in any case, during the period of Christmas and New Year's holidays, one should not count on an increase in prices. That is, the same position on the market will be at least in January. Three months of decline and stagnation can be considered a bearish period. Although this does not have much practical value. What difference does it make to a prolonged correction or a period of a bear market. This practically does not affect anything.
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I am not an expert when comes to crypto analysis or predictions, unfortunately, what is currently happening on the crypto market since 30 days is a bear run. I konw many will argue that we are not yet on bear run but all bear market trends may not take the same pattern. Change is inevitable and I think that crypto market prices trends since late 2020 till date has changed drastically. This a bear run in my opinion. what are thoughts?
Me too, I think We will face the bearish season soon, But No worries about it.
I think Bitcoin and altcoin will survive.
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There is no question that we are bearish but overall we are not yet in the bear season in comparison to being in the bull market. Now, the holiday season is generally good for the cryptocurrency industry as more and more people are shifting their focus and there can be a good number cashing out their coins or tokens for the fiat cash. Let's see if in the first quarter of 2022, the same trend can persist then we can conclude that the bears are taking over the market. And I am hoping that it will never happen, that a big rush for cryptocurrency can occur at the start of 2022.
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It is too early for the market to fall, because it has just recovered, there is not even any crisis for panic. This is only a small correction of the market to recover, it needs to be understood that the market has been recovering for so long after a serious fall.
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In the crypto market, it’s really important that you should always expect the unexpected no matter if it’s bull or bear run. You can’t predict the market so it’s important that you should only and invest and trade an amount that you can afford to lose and treat it as “dead money”. We don’t exactly the cause of this, but it looks like those whales are cashing out early for Christmas in my opinion or to liquidate leverage traders.
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I am not an expert when comes to crypto analysis or predictions, unfortunately, what is currently happening on the crypto market since 30 days is a bear run. I konw many will argue that we are not yet on bear run but all bear market trends may not take the same pattern. Change is inevitable and I think that crypto market prices trends since late 2020 till date has changed drastically. This a bear run in my opinion. what are thoughts?
Well as you said, most of us are not experts but yet you did conclude that it is a bear market and some others will disagree that is it a correction. You can look at the daily price chart for BItcoin and see if you truly believe that the bear market has started already? Around June July this year the price of BTC fall as low as about $29k+ and even then, people thought we are in a bear market and here we are again not even close to that bottom.
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I still believe in the possibility that BTC can hit 100K and 145K in this bullrun, whereby altcoins will also get huge growth. I have no intention of leaving the market at the moment, what I am waiting for is a recovery and growth.
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What has been happening in this market in the past two months can be called a long-term correction, and a fall in cryptocurrency prices, and a bearish period. As anyone likes. There is still no big difference from this. But in the last few days, we have seen a slow recovery in prices in the market and this is already good. Today the prices on CMC are mostly in green. The main thing is that prices have started to rise. I do not expect significant growth now, even if everything is recovering a little bit to its previous level.
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I think the market is just experienced a slightly bear, I expected the market will go dip in this bear but it seems the market tries to recover and I think this is a good sign that the market will not go bear in the next year.
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The current market situation is almost the same as last May, a bear market is likely to occur then, but Bitcoin reached a new ATH in October.
At the end of this year I think there is still a chance for Bitcoin to rise above $50k because a few hours ago the price has reached $49k, this will make Bitcoin have strong support in that area and I hope bitcoin price can rise above $50k by the end of this week
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Currently, the market is undergoing corrections to prepare BTC for another ATH in the coming months next year. I am not foreseeing serious bear market very soon. The bull run will continue very soon. Keep holding if you are for the long term.
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Well said, however, not many people are experts on crypto analysis or predictions. As hunters I think so many of us are not experienced when analyzing the market trends but in my opinion, the current market situation may not be defferent ask can be compared to a bear run because market has continued to change patterns. The bear run of 2018 is not the same pattern and durations with the bear run experienced on 2019 and this year, May 2021.
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If last December some on this forum still doubted what was happening in the market - a long correction or a bearish period, now surely no one has any doubts that this is a protracted and deep bearish period. Because it has been going on for the seventh month. During this time, the price of bitcoin fell from $46,000 to the current $20,556. Altcoins fell even lower. Ethereum has already dropped from a price of $3,600 to almost $1,000 (actually $1,088). It is said that this is the fourth such period. But all bear periods come to an end at some point. This one will also end.
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Just hold and chill people. This is the 3rd drop cycle I’ve been through now and I’ve never sold a bean. Believe in the overall notion of deFi? Cool, don’t fear, it’s the future. When it drops, buy a little more… when you reach your life target (and not before or after) sell. Simples!
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Just hold and chill people. This is the 3rd drop cycle I’ve been through now and I’ve never sold a bean. Believe in the overall notion of deFi? Cool, don’t fear, it’s the future. When it drops, buy a little more… when you reach your life target (and not before or after) sell. Simples!
Agree. Everyone should not be shaken by the repeated crypto cycle of dump and pump volatile place of investment. Somehow devastating to be with those people who lost huge money due to unexpected crypto crash. However life is not the end. No hope and bright future if we give up and stop our crypto activities.
I do believe everything will be fine. Chill and buy little more would be the right thing to do.
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Unfortunately, the cryptocurrency market is now in a real crypto winter, because the period of deep price decline in the market has been going on for quite a long period. It began in November last year and continues to this day for almost the entire first half of the year. At the same time, the price of bitcoin has fallen from $46,000 in November to less than $20,000 now. An even greater price drop is observed among altcoins. Most importantly, we do not know when we will be able to see the next cycle of price growth. This could happen in the fall or as early as next year.
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Well its quite apparently that a lot of value has been lost but it is also for us to necessarily to understand that the crypto market can be quite volatile and shall recover in the Long Run..Lets go Bear to bull.. 8)
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What is happening now in the cryptocurrency market is not a bearish run, and not even a fall, this is a real crypto winter, since a deep price drop has been going on for more than six months. Of course, cycles of ups and downs are constantly changing, but sometimes they can go on for years. We cannot know when this period of deep and protracted falls will end. During these summer months, this is the least likely, but with the onset of autumn, it may very well be. We do not need to panic, but prepare for the upcoming price increase in this market.
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The market has been moving up since past 24hrs seems positive..? Any one with fresh new positions
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It's not just your problem. Such a rapid downturn in the crypto market. shocked for everyone. And it's sad. Why is this happening. I'm no understand. But have heard from everyone's opinion. That, this year it is difficult to improve the market. Improvement can be seen from January. The growth of the market is certain. So don't worry and be patient. And you calm your mind. Everything will be all right.
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The market has been moving up since past 24hrs seems positive..? Any one with fresh new positions
You should not trust what has happened in the last 24 hours, it is very likely to be a bear trap. There are still many Bitcoins on the exchanges, until those Bitcoins start going out to cold wallets, they can be sold at any time, which would send the market down again. After a correction like the one we have seen in the last few days, never trust what happens hours or days later, even if you see a lot of green coins/tokens, the process to grow back organically usually takes longer.
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I am just hoping the market recovers soon. We can't really decide if it's a bear or bull, yet. It drops and rises and frequents like that, all we can say is it should improve in the coming few months.
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This was happening since Covid and it is now that we can actually see the price fluctuation of the major cryptocurrencies. We are in the bear market for sure. I think it is going to end now.
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I am just hoping the market recovers soon. We can't really decide if it's a bear or bull, yet. It drops and rises and frequents like that, all we can say is it should improve in the coming few months.
Right now the market is neither bullish nor bearish, it is just in standby mode. Some whales are waiting for the last moves of those trying to hold Bitcoin above $20,000, when there is no more resistance the market will go back down, it could go as high as $13,000, although there is quite a bit of resistance on the way to that amount right now. In a market like the current one, I personally prefer to watch and keep staking, I think it is one of the best solutions when the market is not going in a specific direction.
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now the market is able to continue to fall for a long time without rebounds. This is largely due to the state of the economy and future uncertainty .
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Not sure if BTC still have much room to go down. We're still bellow the 200MA, we touched 17k under the last bull run top... I hope BTC lateralize for some months/weeks before a slow accumulation for the next halvening.
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now the market is able to continue to fall for a long time without rebounds. This is largely due to the state of the economy and future uncertainty .
It's always happen at bearish season, market will down until the bullish after bitcoin halving.
I think No matter with this.
Bitcoin and altcoins will recover again soon.
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I think when that happens, the coins at the exchange are being toyed with by the whales and investors to try to get traders in because with the increase in trading volume and the price of the coin at the exchange suddenly becomes very expensive.
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now the market is able to continue to fall for a long time without rebounds. This is largely due to the state of the economy and future uncertainty .
It's always happen at bearish season, market will down until the bullish after bitcoin halving.
I think No matter with this.
Bitcoin and altcoins will recover again soon.
I agree with you, bitcoin and altcoin will recover and more expensive when bullish.
But we should keep calm and hold until 2024.
We must have free money.
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I am not an expert when comes to crypto analysis or predictions, unfortunately, what is currently happening on the crypto market since 30 days is a bear run. I konw many will argue that we are not yet on bear run but all bear market trends may not take the same pattern. Change is inevitable and I think that crypto market prices trends since late 2020 till date has changed drastically. This a bear run in my opinion. what are thoughts?
I understand that this was from 2020 and most people would actually call it a correction and not a Bear market then but I believe this is no longer an argument now cos the market has fallen -74% and dips like that only happen in a bear market. Ether way, we should take advantage of the drop and prepare for the next Bull run whenever that time is right again.
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I am not an expert when comes to crypto analysis or predictions, unfortunately, what is currently happening on the crypto market since 30 days is a bear run. I konw many will argue that we are not yet on bear run but all bear market trends may not take the same pattern. Change is inevitable and I think that crypto market prices trends since late 2020 till date has changed drastically. This a bear run in my opinion. what are thoughts?
I understand that this was from 2020 and most people would actually call it a correction and not a Bear market then but I believe this is no longer an argument now cos the market has fallen -74% and dips like that only happen in a bear market. Ether way, we should take advantage of the drop and prepare for the next Bull run whenever that time is right again.
Dips or bear markets make crypto quite interesting. We shouldn't all be celebrating bull runs, bear runs are equally important in any market for more investors to jump into the train and get in cheap too. Don't be greedy bro, make use of the market anytime
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I actually have to agree with this. As of this time, we’re in a bearish period. Although they might say that $17,600 might be the current dip now, but I don’t think so because the market is very unpredictable nowadays. We just don’t know what would be the unexpected upcoming news that would make the market go bearish or bullish again. We just have to be prepared for the risks and only invest what we can afford to lose.
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Don't expect the bear market over until a few conditions are met.
Firstly, basic US and world economic conditions improve. Things like the war in Ukraine, rising energy cost and inflation looming. Second, 2024 Bitcoin halving, which usually sees a bull market. And lastly, and my opinion.. a change in US leadership. Republican or Democrat, doesn't matter, investor confidence is in the toilet with Biden in charge. I'd set ny sights for 2024... Bitcoin halving + US Presidential Elections.
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At this time there is a bearish phase in the market, this sequence continues in the market and such a sequence goes ahead by running the bear race and the market again comes back to its peak.
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Dip or bear market, make several investors are buying more and collect several potential coins.
Me too.
I think almost all of investors did it.
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Dip or bear market, make several investors are buying more and collect several potential coins.
Me too.
I think almost all of investors did it.
Exactly, while many users wonder if we are entering a crypto winter and others panic, the smartest take advantage of the moment to buy cheap, whatever the final condition of the market. What many people do not understand is that the important thing in times like these is to take advantage of the opportunity that the market offers now, and while some users are panic selling, others are buying that panic and will turn it into profit, it just takes patience.
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Moved to cold wallets and wethering the storm until a clear baseline returns. Bracing for more price pressure. The Fed isn't going down without a fight! They are going down though. A CBDC is going to replace the dollar and we are witnessing the storm building.
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Moved to cold wallets and wethering the storm until a clear baseline returns. Bracing for more price pressure. The Fed isn't going down without a fight! They are going down though. A CBDC is going to replace the dollar and we are witnessing the storm building.
You are right, but there is still a long way to go before the launch of the CBDC, in the technical documents of the Federal Reserve (January 2022) we can read:
The Federal Reserve is committed to soliciting and reviewing a wide range of views as it continuesto study whether a U.S. CBDC would be appropriate. Irrespective of any ultimate conclusion, Federal Reserve staff will continue to play an active role in developing international standardsfor CBDCs.
From what we can tell, the digital dollar will take much longer to appear than the digital Yuan, for example, which is already being tested with several million Chinese citizens.
Documentation of the Federal Reserve of the United States: https://www.federalreserve.gov/publications/files/money-and-payments-20220120.pdf
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At this time there is a bearish phase in the market, this sequence continues in the market and such a sequence goes ahead by running the bear race and the market again comes back to its peak.
At bearish season ,I think It's good time to buy.
We can do day trading too, But Be careful.
This bear market will continue until the next year, We must have good analysis to do investing or trading.
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At bearish season ,I think It's good time to buy.
We can do day trading too, But Be careful.
This bear market will continue until the next year, We must have good analysis to do investing or trading.
I agree. Good to buy potential tokens and hold for short term or long term period depends on the target deadline and price. To play investment wisely is also another good factor to gain little more income during this bear market. However, we don't really know if Bitcoin cycle will repeat itself or we can see new pattern this season. If the cycle will be the same, then we already know this bear will take years from now. Next halving would be the next to see Bitcoin pump tremendously.
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There are many definitions of the market by which a trader trades and now the bear market is worth investing in.
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The most I would do on it is trade, because investing is much more dangerous-you can freeze your funds for a long time