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Author Topic: When will the crypto market touch the bottom?  (Read 3199 times)

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When will the crypto market touch the bottom?
« on: October 10, 2022, 03:17:58 PM »
Bearish conditions have prevailed in the crypto market for a long time. When the crypto market will touch the bottom and the market will start pumping again is the question in our minds. It's like we're suffocating.
Currently, the Russia-Ukraine war has caused a global economic recession. This has also had an impact on cryptocurrencies. So I think crypto market will take more time to pump.

What is your opinion on this?
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When will the crypto market touch the bottom?
« on: October 10, 2022, 03:17:58 PM »

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Re: When will the crypto market touch the bottom?
« Reply #1 on: October 10, 2022, 06:44:30 PM »
Russia's full-scale military attack on Ukraine is only one of the causes of the current global economic crisis. The fight against the coronavirus pandemic and its consequences, as well as the current global climate change, have played a significant role here. All this has led to the fact that the economies of states cannot cope with the high costs that have arisen.
Since all markets are interconnected, the cryptocurrency market has been in a bearish period this year. Nobody knows when it will end. However, the situation can change for the better any day.

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Re: When will the crypto market touch the bottom?
« Reply #2 on: October 10, 2022, 09:16:42 PM »
Many countries are affected by recession from the war, investors don't really care about it, but the FED rate is what causes many investors to withdraw funds from investment at this time, because the FED increased interest rates to 3% to avoid inflation, and that also have an impact on crypto
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Re: When will the crypto market touch the bottom?
« Reply #3 on: October 10, 2022, 09:46:35 PM »
Bearish conditions have prevailed in the crypto market for a long time. When the crypto market will touch the bottom and the market will start pumping again is the question in our minds. It's like we're suffocating.
Currently, the Russia-Ukraine war has caused a global economic recession. This has also had an impact on cryptocurrencies. So I think crypto market will take more time to pump.

What is your opinion on this?

Yeah , I think this condition because bearish season, although several people said it cause if Russian and Ukraine war.  ut I think it's just cycle of every four years.
We will see long bearish in crypto currency but it's not matter.
Crypto will recover and pump again.
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Re: When will the crypto market touch the bottom?
« Reply #4 on: October 10, 2022, 11:59:14 PM »
I think crypto market has reached the bottom.
Many experts stated that the bottom was already achieved several months ago. I don't know whether it is true or not, but if we consider the current situation in crypto market, looks like we already passed the bottom. Some people believe that the next year will be the beginning of crypto rise. It means crypto coin prices seem to start growing gradually.

« Last Edit: October 11, 2022, 12:04:36 AM by sampoerna »

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Re: When will the crypto market touch the bottom?
« Reply #5 on: October 11, 2022, 01:07:53 AM »
According to the Pi Cycle Bottom indicator, we already have a bottom for BTC this crypto winter. BTC Halving will come in 2024, so we can start DCA today to accumulate more BTC for the next cycle.
It is difficult to determine the bottom exactly, so we should have an investment strategy to protect capital for the next bullrun.
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Re: When will the crypto market touch the bottom?
« Reply #6 on: October 11, 2022, 09:11:01 AM »
Bearish conditions have prevailed in the crypto market for a long time. When the crypto market will touch the bottom and the market will start pumping again is the question in our minds. It's like we're suffocating.
Currently, the Russia-Ukraine war has caused a global economic recession. This has also had an impact on cryptocurrencies. So I think crypto market will take more time to pump.

What is your opinion on this?

 think in my prediction if bitcoin price below 15K USD , it's bottom of bitcoin.
But we all see bitcoin price is going up again.
It seems bottom has not reached.
So, better to wait at the end of this year
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Altcoins Talks - Cryptocurrency Forum

Re: When will the crypto market touch the bottom?
« Reply #6 on: October 11, 2022, 09:11:01 AM »


Offline mu_enrico

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Re: When will the crypto market touch the bottom?
« Reply #7 on: October 11, 2022, 10:34:14 AM »
Crypto has never experienced a recession so this time is pretty interesting to see whether or not cryptocurrency can survive. Remember the COVID-19 shock temporarily brought the BTC price to ~$4k so I wouldn't be surprised if this time it will go near that level (under the assumption of global economic recession). Many analysts predict 2023 will be a difficult year for all of us, so I doubt people can buy crypto at this point. They most likely will sell crypto to buy food and to survive.
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Offline Noverteno

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Re: When will the crypto market touch the bottom?
« Reply #8 on: October 12, 2022, 09:22:12 AM »
According to the Pi Cycle Bottom indicator, we already have a bottom for BTC this crypto winter. BTC Halving will come in 2024, so we can start DCA today to accumulate more BTC for the next cycle.
It is difficult to determine the bottom exactly, so we should have an investment strategy to protect capital for the next bullrun.
I also think that the price bottom of the cryptocurrency in the current bearish period has already passed. This bearish period has been going on for almost a year, and it usually bottoms out within a few months after a significant price drop. The cryptocurrency market is very unpredictable and very price volatile. Therefore, the growth of the market can begin any day. The fourth quarter has already begun and this period is usually very good for price growth. The bullish period will definitely come, you just need to be patient and wait for this time.

Offline Citysatoshi

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Re: When will the crypto market touch the bottom?
« Reply #9 on: October 12, 2022, 11:07:07 AM »
Bearish conditions have prevailed in the crypto market for a long time. When the crypto market will touch the bottom and the market will start pumping again is the question in our minds. It's like we're suffocating.
Currently, the Russia-Ukraine war has caused a global economic recession. This has also had an impact on cryptocurrencies. So I think crypto market will take more time to pump.

What is your opinion on this?

Yeah, there is still no end to the bear run and there is currently a war between Russia and Ukraine,the worst case scenario is the bitcoin bottoming effects on the market. Now the bitcoin bottom will go gradually, unfortunately the war has no ending date yet. I think that the crypto bottoming is more crucial to the crypto community, at least to energize the current market conditions. In my opinion, I think  we gradually getting closer to the bottom level at the price range of $14k to 16k as many crypto analysts has predicted.

Offline pelana vreo

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Re: When will the crypto market touch the bottom?
« Reply #10 on: October 12, 2022, 12:37:01 PM »
I hope the situation doesn't get worse, I hope for peace because many of them died as a result of military attacks. Crypto market and stock market are almost the same, all are in a bear trend because of this war, on the other hand there are those who benefit from the war, because the production of weapons is increasing.

I can only wait and hope that the market will return to green when Bitcoin Halving, it was the best moment for all of us for 4 years.

Offline gurunanakji777

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Re: When will the crypto market touch the bottom?
« Reply #11 on: November 03, 2022, 01:27:52 PM »
I think the market already touch the bottom or we can expect one more retracement before one big up push but nobody can say exactly when the market will be bullish. Russia and Ukraine's continuous fight is also a big issue and we all know many countries are facing huge inflation. Gas and petrol prices are skyrocketing in many countries and it affects the buying capability of the buyers also. We all are expecting bull but I also think this time market will not pump aggressively it will move slowly over this time.

Offline Afony

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Re: When will the crypto market touch the bottom?
« Reply #12 on: November 03, 2022, 02:26:21 PM »
Maybe the market has not yet reached that point of the bottom, the market may still go down, seeing the situation around the world, all this may continue. The crisis in the countries has had a good effect on the markets.
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Re: When will the crypto market touch the bottom?
« Reply #13 on: November 04, 2022, 02:09:38 AM »
Bearish conditions have prevailed in the crypto market for a long time. When the crypto market will touch the bottom and the market will start pumping again is the question in our minds. It's like we're suffocating.
Currently, the Russia-Ukraine war has caused a global economic recession. This has also had an impact on cryptocurrencies. So I think crypto market will take more time to pump.

What is your opinion on this?


I think It's difficult to predict.
Crypto is unpredictable, when will bottom of crypto currency.
I predict it will happen at December this year.
But it's just prediction, we can do speculation for this, but don't buy too much if you're not confident to do.
Always have good research before.
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Offline bright4mech

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Re: When will the crypto market touch the bottom?
« Reply #14 on: November 04, 2022, 02:43:40 PM »
The cryptocurrency market has beer on the bear market for some times now, while waiting for bitcoin to drop below $10k, before the last bull run started, i think is not possible, while at this point in time of bitcoin at $20k, is good to buy while waiting for next bull run.

 

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