Scenario of the crypto market in near future

[MrSpasybo]

It's strange that we don't have topics about this week's market.

The capitalization has dropped below $2T, BTC price hit $30K and I know that many people's accounts are already half left. We've talked about market crashes this season, so let me be a little more specific about what's to come next.

1. About the news: there will be continuous negative news when bears are dominating;
2. About the recovery: in the worst case scenario, BTC will retrace to $58-60K and altcoins pumped quickly to reach a x10 index against BTC;
3. On the growth: if BTC can rebound strongly and make a new ATH at $67K, we will talk more about the future. I myself still believe more in this possibility, I believe that whales have not given up on the market and we can follow the PlanB model (standard & X).

You can continue to hold token and follow market. I believe the top of the market will still be November this year. If you sell tokens at the bottom, you accept failure & give up the opportunity. I just bought a few more top altcoins, great price!

What do you think about the market movements in the near future? Do you still believe in this market? Are you in the group of sellers in the past few days?

[trauchot]

It is difficult to say what will happen next with the cryptocurrency market in the near future, but I think that most likely the correction of the cryptocurrency market will continue as there has been a bullish trend for a long time and at any moment a real bearish trend can begin for many years, and therefore in recent days I have not invested in any cryptocurrency at all because it is too dangerous and for now I just follow the movements of the cryptocurrency market.

[Cryptoz]

I trust on the positive hope, there will be a recovery in Bitcoin price and crypto market. Then, there will be a possibility of an altcoins party in the next month. But it seems to happen if the price of Bitcoin can be above $45K this month. If it fails, the price of Bitcoin can below $25K and we probably begin the bearish season.

[Anonylz]

It's strange that we don't have topics about this week's market.

The capitalization has dropped below $2T, BTC price hit $30K and I know that many people's accounts are already half left. We've talked about market crashes this season, so let me be a little more specific about what's to come next.

1. About the news: there will be continuous negative news when bears are dominating;
2. About the recovery: in the worst case scenario, BTC will retrace to $58-60K and altcoins pumped quickly to reach a x10 index against BTC;
3. On the growth: if BTC can rebound strongly and make a new ATH at $67K, we will talk more about the future. I myself still believe more in this possibility, I believe that whales have not given up on the market and we can follow the PlanB model (standard & X).

You can continue to hold token and follow market. I believe the top of the market will still be November this year. If you sell tokens at the bottom, you accept failure & give up the opportunity. I just bought a few more top altcoins, great price!

What do you think about the market movements in the near future? Do you still believe in this market? Are you in the group of sellers in the past few days?

It depends on how you look at it. I don't believe selling your coins in the past few days means you have given up. We all have different approach to everything and crypto currency is no different. I believe people can sell off immediately when the market was going down and buy back in once the market regains upward trend and I believe there's much profits in that too cos that's what I did.

[gurunanakji777]

If we see yesterday's market movement that is unforgettable because of a huge drop in all coins but today's market is quite better than yesterday but most of the traders lost confidence and it will take time to regain the confidence of the traders. Most of the big players bought BTC when the market Dips yesterday but small traders suffer a lot yesterday many of them sell in panic. I also believe the market will bounce back we have to be more patient this time and should not lose hope. I did not sell as my portfolio reduced to half yesterday but today is a good day as my portfolio recovered almost 20% from yesterday. I believe the last shaky move has been over and now the market will gradually rise and make new ATH again. I don't want to be a weak hand will continue to trust this market.

[Mas Bro]

At the moment the market is flushed, it is highly likely that the crypto market correction will continue as the crypto market has been going through a bullish trend for a long time. I think this is a good time to buy some coins and hold on to them until the market starts to improve. Don't panic selling if the market turns red, stay calm. and it's better to hold than to sell and lose.

[Phu Juck]

Market looks very weak, maybe we will see more lows when people start getting feared of a bear market.
But for now, I will HODL because if it isn't a bear market, we can miss huge profits. Maybe selling a part makes sense but only a litte because now, we have a big dip.

[tvplus006]

...I just bought a few more top altcoins, great price!..

Yes, this is a great opportunity to buy coins at the lowest price. Yesterday I bought a lot of altcoins, and closed orders on the same day with a profit of 25-30%.

[KKH84]

In my view, now crypto is trending so if the price drops down this is a good opportunity to buy, a few days ago I bought DOT because the price fell almost 50% and I will hold it for a long time.  It is not currently time for crypto prices to plummet, they will recover quickly.

[Zezari]

I think that there will be many more good development projects, there will be new ones unlike any projects that will invest huge amounts of money. All the developing technologies of the development of the crypto industry affect each other because of this, many new projects that are different from themselves occur.

[masterrex]

IMHO, I believe that it's up to every one of us if we can endure all of the negativities that were happening around in the crypto market including the sudden collapse of our portfolios. but it is normal for people to try different strategies after any encountered failure, just like holding cryptocurrencies if you want to sell and save the remaining value of it will it's your own call, and no one can stop you. 

[robert20]

I also think this is just a correction to break the resistance level and again touch its all time high. But many people got panicked as their fund gone almost half within minutes but the real crypto lovers and experienced ones took the opportunity to buy more and increase their profit.

[Freemind]

What will happen in the future I do not know, if someone knows send me a PM and we talk about business . Jokes aside, I think the market can jump at any moment. The best of what is happening now is the opportunity in front of us to buy cheap, weak hands will sell, diamond hands will buy more and hold it.

[Seerge]

The Cryptocurrency market is never stable, its movements will always go up and down.  So what we have to do in response to this Cryptocurrency market movement, first we must be as much as possible to be able to take advantage of this condition by taking the maximum advantage. But it cannot be denied, in times of market conditions like this ... Many people lose the value of their Crypto assets. Because the decline in the price of Bitcoin and other Cryptos is quite deep.

[TomPluz]

As I am writing this, there are already many signs that the recovery has started and yes once everything is back to normal there is a strong possibility of a dramatic rebound for Bitcoin and many alts. The current dip is just very normal and in fact this is not considered as the worst one. The cryptocurrency industry today can be more resilient and can already resist the forces of the bears much better than before. We have to tell newcomers and those who got weak hands to educate themselves so they don't lose money.