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Author Topic: What's really happening to Cryptocurrency market?  (Read 5278 times)

Offline Delgboke

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What's really happening to Cryptocurrency market?
« on: June 18, 2021, 12:55:43 PM »
The Cryptocurrency market keep on falling since Bitcoin price is not actually been stable, those it mean that other altcoins cannot rise if Bitcoin is not rising in value, there's alot of panic so much fear in the heart of many Cryptocurrency trader's weather the Cryptocurrency market will ever recover soon. But I don't think is a new thing because we experienced similar thing in 2018. What do you think is there any hope of Cryptocurrency market recovering soon full the heavy fall?
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What's really happening to Cryptocurrency market?
« on: June 18, 2021, 12:55:43 PM »

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Re: What's really happening to Cryptocurrency market?
« Reply #1 on: June 18, 2021, 01:24:53 PM »
The Cryptocurrency market keep on falling since Bitcoin price is not actually been stable, those it mean that other altcoins cannot rise if Bitcoin is not rising in value, there's alot of panic so much fear in the heart of many Cryptocurrency trader's weather the Cryptocurrency market will ever recover soon. But I don't think is a new thing because we experienced similar thing in 2018. What do you think is there any hope of Cryptocurrency market recovering soon full the heavy fall?

I don't think so, because some altcoins are gaining price increases while Bitcoin is continued to decline, so that means not all the time altcoins were tied up to bitcoin performance, what I believe is most of the altcoins are just affected by selling pressures because of the bearish market sentiment. and not because BTC is also experiencing the same the only Bitcoin influence is strongly felt in MarketCap dominance.

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Re: What's really happening to Cryptocurrency market?
« Reply #2 on: June 18, 2021, 02:13:20 PM »
I am hoping to see some bullish sentiment again in the crypto markjet. But i am not seeing very high chance of happening mthis as the marekt is in very bearish mode and i am expecting within a month or so we can see the marjet go lower and gets stable in a certain position again.
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Re: What's really happening to Cryptocurrency market?
« Reply #3 on: June 18, 2021, 03:32:47 PM »
Heavy manipulation i would say, this must be the handwork of the whales who are looking to by btc at a very low price, they are doing everything to dump the market and scare off weak hands, this is not new to those of us who has been in the game for some time now, things will get back to normal soon.

Offline Anonylz

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Re: What's really happening to Cryptocurrency market?
« Reply #4 on: June 18, 2021, 04:11:59 PM »
The Cryptocurrency market keep on falling since Bitcoin price is not actually been stable, those it mean that other altcoins cannot rise if Bitcoin is not rising in value, there's alot of panic so much fear in the heart of many Cryptocurrency trader's weather the Cryptocurrency market will ever recover soon. But I don't think is a new thing because we experienced similar thing in 2018. What do you think is there any hope of Cryptocurrency market recovering soon full the heavy fall?
The market will always recover it doesn't matter how long it might take. Right now I believe most investors are the ones FOMOing themselves out of the market by continuing to react to every single price move when we all know how the market works now. If investors relax more and not continue to think that the market is dead and how will this ever recover when we know the market has been in a worse state than this, the crypto market could have been stable by now but until all those paper hands are out, we will continue to see this dips.   


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Re: What's really happening to Cryptocurrency market?
« Reply #5 on: June 18, 2021, 04:37:22 PM »
The expectation of the Crypto market going up is of course there, but the time when we don't know. That is why we need to learn to analyze market prices, although it is not always true but at least we are not careless when investing. Crypto markets are bound to have ups and downs, and we should take advantage of those price swings. We should not always expect the price of the Crypto market to continue to rise, because that is not possible.

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Re: What's really happening to Cryptocurrency market?
« Reply #6 on: June 18, 2021, 04:42:24 PM »
I am hoping to see some bullish sentiment again in the crypto markjet. But i am not seeing very high chance of happening mthis as the marekt is in very bearish mode and i am expecting within a month or so we can see the marjet go lower and gets stable in a certain position again.
Its really the market are on sideways .We are not watching any huge move by the whole market .I was really expected that the recent momentum was really hopeful to continue but its can't .However its a usual behave of the market .i think it will change really soon .
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Re: What's really happening to Cryptocurrency market?
« Reply #6 on: June 18, 2021, 04:42:24 PM »


Offline trauchot

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Re: What's really happening to Cryptocurrency market?
« Reply #7 on: June 18, 2021, 05:19:02 PM »
We can only guess what will happen next with the cryptocurrency market and therefore we need to prepare for the fact that another long correction of the cryptocurrency market can begin and therefore now we need to make investments in cryptocurrencies even more carefully, because if the correction will begin, it can last for several years, so don't forget about it.
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Offline Giangphuong8489

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Re: What's really happening to Cryptocurrency market?
« Reply #8 on: June 18, 2021, 06:14:15 PM »
To me, BTC's journey is over, the final rally to 60K USD could be the best time to sell BTC during this bullrun.
However, altcoins will continue to receive interest as capital flows are focused on them. These topcoins are ready to x2-x3 next week.
In 2017, bullrun lasted 18 months so I believe this year the market will peak in November.
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Re: What's really happening to Cryptocurrency market?
« Reply #9 on: June 18, 2021, 06:32:52 PM »
Well, I would suggest everyone to stay calm, let the sellers get completely out of the market because there is still fear in the market and people who were in for quick bucks are selling but im hopeful that market will soon be back with dominant bulls.

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Re: What's really happening to Cryptocurrency market?
« Reply #10 on: June 18, 2021, 06:36:06 PM »
To me, BTC's journey is over, the final rally to 60K USD could be the best time to sell BTC during this bullrun.
However, altcoins will continue to receive interest as capital flows are focused on them. These topcoins are ready to x2-x3 next week.
In 2017, bullrun lasted 18 months so I believe this year the market will peak in November.

BTC's journey is over?. Why do you think that?. For the simple reason that Bitcoin fell as "low" as $31,000?. During the last months is when we have seen the entry of large amounts of money by companies to the market, now cryptocurrencies are more popular than ever, which makes me think that the journey has just begun.
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Offline ranaprime

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Re: What's really happening to Cryptocurrency market?
« Reply #11 on: June 18, 2021, 07:01:08 PM »
In some sense  negative news is always greater then positive. A few days ago Elon Musk said that Tesla will not accept bitcoin. Then the price of Bitcoin dropped below $40,000. Now again when he said that Tesla will accept bitcoin. At this moment market did not go to the previous position. Current price of the bitcoin is $35000 that is why i think the attitude of the investors is the main thing here though i can not avoid manipulation because some times crypto market is considered as game of blue whale. Anything is possible if traders or investors want. I believe that the current market is very well in position. Just need to think positively.

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Re: What's really happening to Cryptocurrency market?
« Reply #12 on: June 18, 2021, 07:37:30 PM »
The Cryptocurrency market keep on falling since Bitcoin price is not actually been stable, those it mean that other altcoins cannot rise if Bitcoin is not rising in value, there's alot of panic so much fear in the heart of many Cryptocurrency trader's weather the Cryptocurrency market will ever recover soon. But I don't think is a new thing because we experienced similar thing in 2018. What do you think is there any hope of Cryptocurrency market recovering soon full the heavy fall?
China ban bitcoin which is 7th time of eight years . Elon Musk tweets Tesla deny to transaction with btc these are the main reasons I think so. Many investors are currently very frustrated to invest in cryptocurrency because the market cap is very unstable . The similar think was happen in 2018 after that the big bull run was starting which was touch in $60000 . If we look carefully one think has seen that is when the btc price grow up all cryptocurrency market stay in stable position and when btc down all down by trans .

Offline tonymillions84

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Re: What's really happening to Cryptocurrency market?
« Reply #13 on: June 19, 2021, 12:05:10 AM »
how you easily forgot that we enjoyed the green market of a period of 8 months. the market needs balancing. it is not always green on a daily. the market needs stability. it needs to stability. we can not always expect green everyday. it is good to know when to move into the market and when to move out. now is the time to sit back and obsvere.
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Offline Noverteno

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Re: What's really happening to Cryptocurrency market?
« Reply #14 on: June 19, 2021, 06:21:11 AM »
We can only guess what will happen next with the cryptocurrency market and therefore we need to prepare for the fact that another long correction of the cryptocurrency market can begin and therefore now we need to make investments in cryptocurrencies even more carefully, because if the correction will begin, it can last for several years, so don't forget about it.
I do not think that the current correction can last for several years. In general, the situation in this market is not bad and the current price drop is due to a long and very high previous growth. Cryptocurrency is now attracting a lot of attention from both ordinary people and various business structures, and therefore the situation in the cryptocurrency market will change more often and a decline in prices for many years is unlikely to be expected.

 

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