Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Jaephoenix on February 23, 2021, 01:20:56 PM
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Hello guys, the cryptocurrency world have witnessed an upturn in fortune in the last one month or so, turning a market cap of 2 trillion USD. Now suddenly we are witnessing red candles, giant long ones. What's going on? Is it a massive correction or are the dreaded bears upon us?
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I think this is a necessary correction. The whales that have made so much profit in recent weeks are taking those profits off the market. There is also pressure in the market to lower the capitalization and prices of Bitcoin and the rest of the coins / tokens to allow the entry of new capital by companies and corporations. I don't think it's another bear market, but I can be wrong.
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I hope that this is just a correction and it will go up again, don't let the fear of this quite a lot of losses repeat itself, it is also possible that the whales deliberately slammed the price first, in order to enter new investors,
just my opini
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Whole market has Read i see that all altcoins price has huge dump and this is unbelievable already my portfolio has minus 50% i don't know when it will recover now it is waiting time for recovering our fund.
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Nothing unusual, this is just a haircut of wool from hamsters who have lost their vigilance, who have accumulated subcutaneous fat. Now stop loss will be collected and slowly up.
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I think this is just a correction. It is unlikely that bears came for a long time, because bitcoin is now very popular and it will not be possible to drop its price.
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Now there is a huge drop in the overall marketcap but we must also remember market climb up non-stop even we have not seen correction from long So, in my opinion, it's only the correction of the market and we should not come to any conclusion that bear starts all of sudden. Be positive soon things will be changes again till then have some patience.
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The market is overall down. I'm worried a little if this will be the starting point to come in bearish days. I hope I'm wrong. But for our seniors here even the investors and traders believe that this is just a major market correction. It means after this red market momentum we cam see bullish trend again.
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What's going on? Is it a massive correction or are the dreaded bears upon us?
It's just a massive correction and nothing else. Though newcomers are panicking for this type of massive dumps, but old users are well known with this as we previously faced this back in 2017 and samething is going on now. But we should be more aware of taking entry into any alts as all are bleeding because of the current correction. TBH, those will be recovered as soon as sideway movement of bitcoin starts again.
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In my opinion this is the correction required for the market to continue to grow in 2021. If the BTC price and total market cap continue to climb, we should see a drop in this year and the altcoins season will also finish. Correction makes on-chain metrics more stable.
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Well I hope this is just correction but they are slowly going down and down it seems the bear is slowly coming.. Oh well it's hard to predict but let's see what will happen in the next days..
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The cryptocurrency market has been growing since about the beginning of 2020 and the bullish trend, as you can see, lasted for more than a year, and therefore everything went to the point that the correction of the cryptocurrency market was supposed to begin and it seems correction have begun, so if this is so, then every day cryptocurrencies will now fall in price and a bearish trend will begin, and all this may drag on for several years, unfortunately.
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I will call it a correction, I mean the market has been pumping for days without any serious correction yet so this seem like a the much awaited correction for another price pump, weak hands should know this is not a bear market, no need to panic sell.
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@trauchot I do not think we are facing another bearish market, we may get to see it, but the interest unleashed by cryptocurrencies during these last months makes me doubt that it will not last long on the decline, of course I can be wrong, but I think that with the interest, publicity and attention that cryptocurrencies have now is greater than ever, and I do not know if we will see it fall into a bear market for years as you say.
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I think this is a necessary correction. The whales that have made so much profit in recent weeks are taking those profits off the market. There is also pressure in the market to lower the capitalization and prices of Bitcoin and the rest of the coins / tokens to allow the entry of new capital by companies and corporations. I don't think it's another bear market, but I can be wrong.
Yes i also agree with you. These whales are are now making no only millions some are making billions through the market. This dump is very expected. I will be happy if the goes bearish because investors will get tge chance to invest.
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Everyone is confused about what it actually is, is it a bear? or a retrace? or a price correction? Nobody seems to be sure. The only thing evident is the reality that all markets are dip and portfolios are red; Is it a bear or a retest ? time will tell
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Of course, this is just a correction. But it is much deeper than several previous ones in the last two or three months of rapid growth. Moreover, I see that a big drop has occurred in the stock markets. News has just passed that Elon Musk has lost $ 15 billion today due to the fall in Tesla shares. No market can rise in value for a long time. Correction is necessary for its recovery. Despite this, the expectation for the growth of the cryptocurrency market still persists.
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This is clearly getting out of hand. Where might be in another bear season. Market recovery is taking too long. It happened happened last week but recovered very fast this I don't know any more
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Wow the bear market is very stronge this time around that every coins and tokens is affected by the recent crypto currency bear market that everybody is loosen their money in the in the market currently.but theres hope we can alwaye$ get back to our needs , if we can excerse little patience the crypto currency market.
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Hello guys, the cryptocurrency world have witnessed an upturn in fortune in the last one month or so, turning a market cap of 2 trillion USD. Now suddenly we are witnessing red candles, giant long ones. What's going on? Is it a massive correction or are the dreaded bears upon us?
this is normal! we are experiencing massive downturn because of the sudden spike of price.. hopefully, this won't last for so long and the price will back to upward trend in the coming days. now is the time to buy and hold our coin. we need to be.more patient if we want to stay in this kind of business. hold for now! and buy to those who don't have crypto yet.
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I am sure it is only a correction before altcoin season, so don't be panic. What we must do now is to hold our crypto and don't do panic selling. This big correction will end soon bro, maybe in the beginning of the next month. We already saw many corrections, we shouldn't be panic with this correction. Stay strong. ;)
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Hello guys, the cryptocurrency world have witnessed an upturn in fortune in the last one month or so, turning a market cap of 2 trillion USD. Now suddenly we are witnessing red candles, giant long ones. What's going on? Is it a massive correction or are the dreaded bears upon us?
Do you mean bear like 2017? No, this is just a little bear, and the effect only for panic people and children. For old adopter, they will take the opportunity to increase the amount of their asset. Dont worry bro we will recover soon
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I don't want to say it's a bearish market. I think this is correction and this correction is simple and normal that is needed to strength the market for future. But if the correction goes more than 30% then we can say it's as bearish market. We won't to see any new collapse that happened 3 years ago. Normal trend (up and correction) is needed, but we recommend to be not panic.
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I am not worried about the market situation like this, crypto coin price corrections will always happen, Bitcoin -11% in 1 day at $49k and currently the coin price is slowly increasing due to investors buying when all crypto prices are decreasing.
When a situation like this occurs, I keep holding my coins and don't panic because the market will recover in a few days
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If a bear market starts now, then I think we should return to the area of $ 55-57k and from there bitcoin will begin to go down and this will be the last chance to sell altcoins. I hope I'm wrong, but I'm ready for any development of events.
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This is a natural thing, considering that in recent weeks the price of bitcoin has increased significantly. However, if we look at the long-term conditions, I am sure that the price of bitcoin will continue to increase.
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Many experts in the cryptocurrency market say that the current price decline is technical, after which the growth of the cryptocurrency market will definitely resume. Based on this, you need not to panic and make better use of the current period for profitable investments.
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All in all, it looks like a huge price correction. Even some altcoins have started to recover, and even some are pumping despite the hits others are taking. Anyway, good for the market
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As I said in a previous post, it is not a bear market, Bitcoin has risen to $50,708 in a few hours, and most altcoins are also recovering from yesterday's correction. I think that from now on the rise will be more gradual, but if it is more gradual it will also be more "stable" and the next corrections will not be as strong as this last one.
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I think for bitcoin to continue to move upward it really needs a big correction like 30%-40% this is really important for a bull market for more liquidation that means if correction occurs more investors who are waiting for a dip can now buy at low price and enter btc more investors means more liquidity and more upward movement.
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I think the same as you @ice18, we have yet to see a "big" correction for it to gradually grow back, it may not be as big as the percentage you mentioned, but I don't think it will take long to see. But let no one panic and believe that we are going to a bear market because for now it will not be like that.
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As this moment it is not time to find another bear becaus you look at the exchanges the bitcoin and altcoin fight remain stronger in terms of value in the market the cryptocurrency will no longer to worried and another bear.
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This is just a correction in the market. We need to be patient. Bitcoin prices will come back in a few days. Such a callback is very healthy for our market. 8)
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Bitcoin price has risen without stop and I think this is a necessary correction, the market needs to adjust before continuing the rally. Corrections like this are common in the crypto market.
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I hope that this is just a correction and it will go up again, don't let the fear of this quite a lot of losses repeat itself, it is also possible that the whales deliberately slammed the price first, in order to enter new investors,
just my opini
I agree, that thisis a correction, for the early investors, to get their profits. Slowly big institutions are coming in. I cannot predict an All Time High price, but I think this bull run, will last for long.
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For sure this is just simply a correction. A correction that the whales chance to gather the weak hand funds by selling their coins during dip while they(the whales) are buying during dip and traders who knew the market ways are surely one of the silent gainers.
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Cryptocurrency prices have been rising for the past few months, especially in December / 2020 and January / 2021. The prices of several cryptocurrencies have already multiplied. Now for the last 2/3 days the market has been undergoing major corrections. I think the crypto market will stabilize again after this amendment.
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It is likely to be just a temporary correction, I would not sell. If we have still money, we can try to buy cheaper now before it goes back up.
Small corrections are important and also happened last bull run. I saw a graphic of at least 6 or 7 corrections of around 25%, so very normal.
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I think the same as you @ice18, we have yet to see a "big" correction for it to gradually grow back, it may not be as big as the percentage you mentioned, but I don't think it will take long to see. But let no one panic and believe that we are going to a bear market because for now it will not be like that.
After some heating of the cryptocurrency market, there is that need for some correction and this is actually considered by some experts to be healthy. And crypto enthusiasts should be using the stage of dip to make more buys, and I am sure some funds are doing this right now. Days from now, we can hear some news of big buys from big investors. And then we can see that the crypto market is rising again. And this same cycle can be happening from time to time, so there is really no need to panic sell.
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I think a major correction in price of Bitcoin is coming soon. But if we talk about the long term price of bitcoin, it will hit 1,00,000$ soon. Because a major correction is very important to take another flight. Bitcoin price makes a All time high record 58400$. And for a few weeks now it has not been able to keep up with the price and is coming down.
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I think a major correction in price of Bitcoin is coming soon. But if we talk about the long term price of bitcoin, it will hit 1,00,000$ soon. Because a major correction is very important to take another flight. Bitcoin price makes a All time high record 58400$. And for a few weeks now it has not been able to keep up with the price and is coming down.
Of course, I completely agree with your opinion, since this is a mudron assumption. The correction is always caused precisely by the fact that cryptocurrency users want to consolidate their profits and immediately after a price decrease, they buy the same asset again at a cheap price, and then the price goes up again. It is quite possible that this year we can see even more than $ 100,000.
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In my opinion, now crypto is very difficult to predict. The rise and fall began to run beyond the existing theory. So it becomes increasingly challenging to invest in crypto.
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Hello guys, the cryptocurrency world have witnessed an upturn in fortune in the last one month or so, turning a market cap of 2 trillion USD. Now suddenly we are witnessing red candles, giant long ones. What's going on? Is it a massive correction or are the dreaded bears upon us?
Keep calm mate, It's just correction. Crypto currency is unpredictable. I don't believe the bearish will happen soon. I think Bitcoin and altcoins will have bullish season at this year and will touch new ATH.
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No, it is not a bearish, only a correction before the next jump schedule. I am pretty sure if the bullish trend continues because the demands of crypto coins are still very good nowadays. The current correction maybe just a trap of some whales who manipulate the price of crypto coins to drop. They probably buy more coins to keep on wallets towards the altcoins season and the next jump of Bitcoin price.
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We cannot only see the wealth rises multiple times because of crypto but also decrease multiple times becomes poor because of also this crypto.
The fact s that crypto is volatile and the market can rise and down so easily. Moreover, a market correction will always happen after the high rises. That's why don't panic ebcause of this
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Maybe this is a price correction we are all expecting, which the whales in the market system are manipulating. It could be another bear on the other way round, cause it doesn't say if it is a bear or a price correction. Anything should be expected as the market has gone the way it is now. It is also a good room for new investors to step in for the next ride, and for the whales to take off their profits (which am sure is a major reason for this market situation). If this really is a correction in price, then ATH is what we expect after now.
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Hello guys, the cryptocurrency world have witnessed an upturn in fortune in the last one month or so, turning a market cap of 2 trillion USD. Now suddenly we are witnessing red candles, giant long ones. What's going on? Is it a massive correction or are the dreaded bears upon us?
I believe this is inevitable when it comes to cryptocurrency trading since the beginning. If you look at the chart since 21 February when Bitcoin hit ATH $58,640.77 to date it has gone down like -19.6% now trading around $47,409.93. Traders or investors definitely have to take profits and we will see a market correction but I dont think that we are fully in the Bear circle yet BUY CAUTION needs to be taking until otherwise proven.
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So far, in our world, the situation is very good for the further growth of the cryptocurrency market, so the onset of the bear season is now hardly possible. Most likely, this is another price correction in this market, because without this its normal development is impossible. Bitcoin has hit over $ 58,000 very quickly in recent times and corrections have been small and short-lived. Therefore, the current state of the cryptocurrency market is quite natural. This does not exclude further market growth in the near future.
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I understand all your views, concerns and advice. The prices have been on uncertain corridors for the past few days, ranging from speeches and actions from authorities in the US, Nigeria and India, which make up a huge chunk of cryptocurrency investors/traders. Keeping fingers crossed for the future
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The law of gravity made it clear that what ever goes up must surely come down, the market was going up, it's only common sense to not expect it to keep going up forever, at some point, we are going to see some red candles and I even believe it's not that time yet, but its soon, except some big companies comes with news of buying big amounts of bitcoin, sooner or later, price is likely to start declining and its normal.
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I think that the next bear season may be in 2022. There will be a big oversold situation, and the manipulators will get something out of their sleeve .. Therefore, it is necessary to be able to stop in time and not enter long-term projects.
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am not surprise about the recent happening, because in crypto world their is always a trend for a period which can be positive or negative i.e rise, so to me people that influence price are directing it again.
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Correct, it is a massive correction and in the next month, it seems to continue. I think many people now be afraid and worried about their crypto assets. But it is just temporary, mate. Crypto prices will improve again soon. However, it may make us wait for a month or several weeks to see the green price day again in crypto.
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i think this is a correction. I'm not sure about technical indicators, it's the first time I'm getting emotional and expecting a bull. I turned the crisis into an opportunity and bought some altcoins. I hope I can be satisfied and laugh after 2-3 months. I wish everyone luck.
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Yes, this is a dipping market and probably will happen some weeks later.however I think that we don't feel panic because of this dip market correction. I do believe that this will not last long like the previous bear because the altcoin season is still not coming yet. SO, be better to choose and also buy more top coins in this dip.
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I think it is not bearish but it is just a correction. There are many people who tell about the upcoming bearish, I think they just want to make people sell their tokens/coins at cheap prices. If you believe the bullrun continues, then just hold your coins and never hear what people say. We must do what we think is true.
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We don't know, mate. It is a bearish market or correction, we still have no clear sign now. I guess it is not a bearish but a correction. But it can be wrong, the bearish can come suddenly. It is a bit confusing now to see the current market trends. However, for those top coins, I am still trying to hold them.
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I understand all your views, concerns and advice. The prices have been on uncertain corridors for the past few days, ranging from speeches and actions from authorities in the US, Nigeria and India, which make up a huge chunk of cryptocurrency investors/traders. Keeping fingers crossed for the future
Your right. Look at the market movement from last night 28 February to this morning 01 march. Bitcoin didn't get as far down as some crypto analyst though and bounce back a bit and now kinda moving sideways. I believe we don't know if different actions by all this different Government will eventually send cryptocurrencies further downward or we can fully regain upward momentum from here. Let's just keep watch of the market.
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Most likely, it is not a bear market, because it is most likely a correction, because tokens that have fallen recently already slowly beginning to recover, so do not be sad
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Yup, another bear. But I'm not afraid of the current crypto market conditions. On the contrary, I bought several tokens to diversify my investment portfolio, and sold several tokens to stop losses.
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Hello guys, the cryptocurrency world have witnessed an upturn in fortune in the last one month or so, turning a market cap of 2 trillion USD. Now suddenly we are witnessing red candles, giant long ones. What's going on? Is it a massive correction or are the dreaded bears upon us?
In my opinion, there are several factors that caused the price to fall, including old holders or buyers in the last year that they started releasing their coins to enjoy the profit, and other factors are unpleasant news about crypto or there are statements from people who have influence. alludes to crypto.
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Bear market gone. This time just hold your alt and wait for the bull
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I don't think this kind of bear market is a new occurance in the field of Cryptocurrency market, we all experience this form of Cryptocurrency bear in the year 2019 all through the first quarter down to the second quarter of that year, we should try to manage our fears so that we don't sell out lost.
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Bear season far away. Many institutional investors are just entering now, so they are unlikely to let the market cool down. The alt season will last for sure until the end of the year
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The altcoin session is not over yet and we are only seeing a major correction as some investors panicked about the drop in Bitcoin price.
If this trend continues in March, the bearish trend will move away because more and more investors want to choose to invest in crypto instead of investing in other assets.
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And besides this market current conditions, I think that bear run is still part of the market behavior. There may not be a 100% bull without some forms of draw backs, remember that every market is mainly control by the demand and supply principles, other fact plays a secondary roles on the price movement.
Again, the fear that is ongoing could be trace to past crypto performance, especially in 2018 but may not be the same situation in 2021. I think the market conditions has drastically changed, more institutions are coming onboard plus huge adoption on the daily basis.
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Hello guys, the cryptocurrency world have witnessed an upturn in fortune in the last one month or so, turning a market cap of 2 trillion USD. Now suddenly we are witnessing red candles, giant long ones. What's going on? Is it a massive correction or are the dreaded bears upon us?
Lol,2 trillions. That was never the case. You mixed up something.
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Most likely, in the spring we will continue to trade in an uptrend, but as summer approaches, a bearish trend may come. Every summer, big investors went on vacation and the market was empty.
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Beside big investors going on vacation, I think the big red candles or big green candles are not strange situations analyzing the market, however, red candles could signify that the market is moving toward a correction, a dip price, and or a bear run.
I think there may not a total bull run without some dip, correction, and short bear red candles. Like I said in some posts, we may not experience a long bear run in 2021.
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sometimes when we are seeing the market right now, we may feel afraid because it is likely the market is bearish enough. However, I am not sure that it is real bearish. The altcoin season and also bullish time is not needed, not started yet. We need more times at least in 2021 to make a higher and bigger chance in the cryptocurrency.
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I believe and hope it is only a correction / decline in the market and that the bull season is not over, for me this new bull phase of the market will last at least until the end of the year
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I believe and hope it is only a correction / decline in the market and that the bull season is not over, for me this new bull phase of the market will last at least until the end of the year
Your belief is the same as mine, this is a reasonable correction and it doesn't make it worse, because the effect of the Halving has not been seen so far, I only see the effect of @elonmusk which is still left to this day.
the increase will continue until it reaches extraordinary renewable ATH and could happen until the end of this year.
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Currently the market is very difficult to predict, this started to happen when crypto began to be controlled by large companies. and they may be able to control the price completely. so it is difficult to see future market developments.
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I think this is another dash from the bulls. The market can still grow. There are all the prerequisites for this. The main thing is to leave the market on time.
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In my opinion right now there is indeed a process of fluctuating crypto prices irregularly and this is actually quite a worrying condition. Because I find it very difficult to read the market. And it is likely that 2021 will be full of price increases. It could happen.
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There is no way to have bull without bear. It is a part, of the market. For now, I think that we are in a bull, with some bear, stops.
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After explosive growth in January, there is now a lull before another storm. I think the growth will continue because the news on television has stopped talking about bitcoin and this is a sign that there will be new growth and new hype.
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Lol, it is very funny how people take every correction to be bear market to the point they are missing the opportunity to buy cheap before the price will continue an uptrend movement, btc is $56k as I type and probably will hit $60k in few days and many people talking about bear market ;D
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Hello guys, the cryptocurrency world have witnessed an upturn in fortune in the last one month or so, turning a market cap of 2 trillion USD. Now suddenly we are witnessing red candles, giant long ones. What's going on? Is it a massive correction or are the dreaded bears upon us?
^ what you said was bear at that time, now it has become bull again. The volatility of the price of Bitcoin and cryptocurrencies is very well known and it cannot be guaranteed that it will forever be above or below. the point is you don't be afraid or panic when the price is red.
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Normally, in every correction some are thinking that bear is on the air. The sad part is they didn't consider the analysis and reading the 4hr, 12hr, 1day, 3days, 1 week, or even 1 month before to come up into conclusion that the long bearish is coming. Following the market trend is necessary to see if the market is in bull or bear condition than following own ideas. ;)
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Lol, it is very funny how people take every correction to be bear market to the point they are missing the opportunity to buy cheap before the price will continue an uptrend movement, btc is $56k as I type and probably will hit $60k in few days and many people talking about bear market ;D
of course, I think we can buy at the bear or correction. I also agree with you bitcoin will touch 60 K USD soon. I personally don't believe bear market will happen soon, in my prediction we will see several bullish at this year and several corrections
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I think it's just a correction, judging by the fundamentals of bitcoin that are currently completely different in 2017. If they in 2017 say that "bitcoin is a bubble". They're going to cry this year, some big institutions like tesla, visa, mastercard are starting to pioneer into cryyptocurrency. Tesla came in and bought bitcoin. Visa, mastercard PayPal, began accepting payments via bitcoin.
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You are saying right that the red candles indicates that the bearish season is starting. But the overall market sentiment is bullish. Because the big companies like tesla has entered into the crypto market. so, the market is growing day by day.
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You are saying right that the red candles indicates that the bearish season is starting. But the overall market sentiment is bullish. Because the big companies like tesla has entered into the crypto market. so, the market is growing day by day.
Yes, I agree, by seeing several famous people already invested in crypto, I think crypto will bullish again. Don't say about bearish, I think It's just correction and we will see the bullish again , maybe several bullish will we see.
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It As this moment it is not time to find another bear becaus you look at the exchanges the bitcoin and altcoin fight remain stronger in terms of value in the market the cryptocurrency will no longer to worried and another bear.
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I think it was to shake off the extra players. Growth is yet to come. Especially after confirming the helicopter money in the US
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every time it is facing a market increase, it will always face a bear market, for a moment or even for a longer one. However, this is still a bullish era. So, I think that this is only part of the bearish traps or even the part of a market correction. So, don't worry and panic
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It is very clear just a common correction. The fact that the price of Bitcoin and altcoins are growing again gradually now. If it is the beginning of bearish, the decline in crypto prices will constantly drop day after day. But it is not happening now, instead the price of crypto coins start to increase anymore.
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Hello guys, the cryptocurrency world have witnessed an upturn in fortune in the last one month or so, turning a market cap of 2 trillion USD. Now suddenly we are witnessing red candles, giant long ones. What's going on? Is it a massive correction or are the dreaded bears upon us?
Most traders would consider it a correction
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What is think no more bear in 1 year buy bitcoin hold your btc it will pump to 200k soon what I think in 1year bitcoin will touch 100k in 2 months for that don't panic we are in the bullish market some dump will come don't be panic we are in bullish place hold and hold am holding 1 year since.
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I believe there will be Bearishness but indeed right now the trend is positive and a lot of large companies from outside cryptocurrency have entered the cryptocurrency market.
I might have to put up with the Bearish situation because in fact this Bearish is almost exactly what it was in 2015 and 2018.
We as traders and investors must be prepared for the Bearish situation if it starts to come.
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I believe there will be Bearishness but indeed right now the trend is positive and a lot of large companies from outside cryptocurrency have entered the cryptocurrency market.
I might have to put up with the Bearish situation because in fact this Bearish is almost exactly what it was in 2015 and 2018.
We as traders and investors must be prepared for the Bearish situation if it starts to come.
True, I believe there are always two sides to this cryptocurrency market and definitely traders have to understand that and know how to navigate the market at every turn even though right now, it looks like we are getting back into the Bull circle even though I never believed we left but just some correction.
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I believe there will be Bearishness but indeed right now the trend is positive and a lot of large companies from outside cryptocurrency have entered the cryptocurrency market.
I might have to put up with the Bearish situation because in fact this Bearish is almost exactly what it was in 2015 and 2018.
We as traders and investors must be prepared for the Bearish situation if it starts to come.
True, I believe there are always two sides to this cryptocurrency market and definitely traders have to understand that and know how to navigate the market at every turn even though right now, it looks like we are getting back into the Bull circle even though I never believed we left but just some correction.
It is necessary to take into account the fact that in the cryptocurrency market, the growth of rates will always be interrupted by a certain level of correction. They can be short-lived and protracted. In 2017, while Bitcoin got to its ATH, there were 36 corrections. I think that we should take this fact into account in the future.
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Why every one is afraid from those corrections and dips! Dont forget that WE Aree in a bull run currently so it doesnt matter how much thé Price will dump,it Will Always go up again..
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Why every one is afraid from those corrections and dips! Dont forget that WE Aree in a bull run currently so it doesnt matter how much thé Price will dump,it Will Always go up again..
Yeah, you are right. The price always dumps after a pump. I put it as one of the laws of crypto. Anyway, the dump or dip is there to be utilized. Just buy it and wait for the eventual pump
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Why every one is afraid from those corrections and dips! Dont forget that WE Aree in a bull run currently so it doesnt matter how much thé Price will dump,it Will Always go up again..
Yeah, you are right. The price always dumps after a pump. I put it as one of the laws of crypto. Anyway, the dump or dip is there to be utilized. Just buy it and wait for the eventual pump
I agree with you. In every market there must be an increase and decrease in prices. Because it all has become the law of the market. If the market is pump, many people are happy, but if the market is dump, many people panic. But if I'm simple, if it's the pump market it's time to sell and if it's reddening it's time to buy. And hold on until the pump market again.
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It looks like we entered a serious bear market band from mid-May and we have no idea how long it might last. Today the price of bitcoin is $ 35,143 and ethereum is $ 2,144. From previous price records, this is a fall of 50 percent or more. There is still hope that this year will not fall too long. I still hope that after a period of summer calm, there will be a second wave of high price growth in this market in the fall.
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Why every one is afraid from those corrections and dips! Dont forget that WE Aree in a bull run currently so it doesnt matter how much thé Price will dump,it Will Always go up again..
Yeah, you are right. The price always dumps after a pump. I put it as one of the laws of crypto. Anyway, the dump or dip is there to be utilized. Just buy it and wait for the eventual pump
Buy the dip. Sell on high. Invest at your own risk. Just buy what you can afford to lose. These are some of the important words need to grasp so the person knows the that he is at risk. Calmness and patient.
After pump, dump could be next. After dump, pump could happen to stabilize the market condition.
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If the correction of bitcoin is prolonged and we can determine the boundaries of its corridor, then we can safely live up to a new bull market. In my opinion, for trading, this is better than unexpected random pumps and dumps.
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Buy the dip. Sell on high. Invest at your own risk. Just buy what you can afford to lose. These are some of the important words need to grasp so the person knows the that he is at risk. Calmness and patient.
After pump, dump could be next. After dump, pump could happen to stabilize the market condition.
"Buy the rumor , Sell the news" - it's also a great one for anytime whether it's bullish or bearish market. But it's true that we need to remember those words everytime and don't need to panic as institutional comapanies are manipulating this market and whales will sure to pump this market soon. TBH, most of the users panic to take decision, even familiar with this things and leave the market because of having lack of calmness/patient. Also, we're not on bear market yet as we'll bounce back again and than we need to see that market is having huge volume to take off for another rally or going to dump again. If it's dump again, than we can be bearish and ready for bear market.
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I believe there will be Bearishness but indeed right now the trend is positive and a lot of large companies from outside cryptocurrency have entered the cryptocurrency market.
I might have to put up with the Bearish situation because in fact this Bearish is almost exactly what it was in 2015 and 2018.
We as traders and investors must be prepared for the Bearish situation if it starts to come.
True, I believe there are always two sides to this cryptocurrency market and definitely traders have to understand that and know how to navigate the market at every turn even though right now, it looks like we are getting back into the Bull circle even though I never believed we left but just some correction.
But the market so far has been down for more or less than 2 weeks now. Where most of the long term holders got so worried and panic while some are not instead they are taking advantage of the situation we have it now. But still I also believe that we are now close again into a real battle.
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But the market so far has been down for more or less than 2 weeks now. Where most of the long term holders got so worried and panic while some are not instead they are taking advantage of the situation we have it now. But still I also believe that we are now close again into a real battle.
The sell off was massive which was far bigger than even the last covid 19 though as the weekend start today, it seems many has recover from the last FUD of China raid on exchanges..
However, bear market isn't something to be fearful, its part of the game though difficult to accept. This is what the newbies don't understand in this market.
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yes for me. the traditional market we all know is all about ups and down. crypto will also be the same. Markets is all about ups and down. the market will always correct itself by having a massive shake off. the problem here is how many are willing to HOLD. if you are weak, you will always sell off. the crypto market is for the strong hands not for everyone.
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Your question is still relevant at the moment. It seems to me that the market was in a big correction and now we will try to close the gap on CME.
However, I do not see now an opportunity to update bitcoin АТН.
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Your question is still relevant at the moment. It seems to me that the market was in a big correction and now we will try to close the gap on CME.
However, I do not see now an opportunity to update bitcoin АТН.
The fall in prices in the cryptocurrency market was already more than two weeks ago. This is already too long a period to call it a short correction and it does not look like the next correction that came before. Bitcoin has tried several times to re-overcome the $ 40,000 barrier, and so far it has failed. It seems, that the current state of the cryptocurrency market should be called a bearish period, not a correction. However, there is still a chance for a relatively quick recovery.
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Currently form the little little experience am having I don't really believe this is just a correction I believe this is more than correction bitcoin is dumping in a daily basis which is also affecting other altcoins currently nobody can predict what will happen next let's just keep watching bitcoin and see what will happen in the next few day's.
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Like we all know that there was a FUD in the market which really had an effect on the market dump, so it's obvious the bull run hasn't ended yet, this fall is just a big market correction and soon prices will retrace to the top tho, the bear season hasn't come in full its just partial, the bull is still active which makes it very much possible for prices to boost to the top.
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Hello guys, the cryptocurrency world have witnessed an upturn in fortune in the last one month or so, turning a market cap of 2 trillion USD. Now suddenly we are witnessing red candles, giant long ones. What's going on? Is it a massive correction or are the dreaded bears upon us?
As many people asked, this condition is bear or corrections. I think It's just bear because at Q2. Maybe at Q4 we will see the bear.
But every can happen at crypto space.
We must calm and wait the market progress.
Because I see market starting to grow again, I hope market will increase and crypto.price will soar.
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The cryptocurrency market has always improved a lot. The condition of most of the coins in the market is improving. Currently the cryptocurrency market is much more bearish. Cryptocurrency currencies are at the top of popularity worldwide. Currently, the condition of every currency in the cryptocurrency market is much worse. However, it is expected that the situation in the cryptocurrency market will improve very soon.
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Precisely because of the situation that the market is going through now, I said a few days ago that although it seemed that it was recovering slowly, it could also be a dead cat jump. And sadly, I think that is what is happening, if Bitcoin falls to $33,000 and holds, there is still hope for recovery, if it falls below that amount, we will have to wait for resistance to hold.
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we just witness the deadliest market dump recently. a market cap of 2.5 trillion went down to 1.5 and then it was a tug of war. between 1.5 trillion to 1.3. many were anticipating a price drop to 10,000 dollars. although we can not say if this market has recovered enough. we might still go down or maybe. continue with the bull run which kick started last year.
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BTC price and total market cap continue to climb, we should see a drop in this year and the altcoins season will also finish. but the interest unleashed by cryptocurrencies during these last months makes me doubt that it will not last long on the decline, of course I can be wrong, but I think that with the interest
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Hello guys, the cryptocurrency world have witnessed an upturn in fortune in the last one month or so, turning a market cap of 2 trillion USD. Now suddenly we are witnessing red candles, giant long ones. What's going on? Is it a massive correction or are the dreaded bears upon us?
I think this is a necessary fix. In my opinion this is the correction required for the market to continue to grow in 2021. The whales that have made a lot of money in recent weeks are taking advantage of the market and if the BTC price and total market cap continue to climb, we should see a drop in this year and the altcoins season will also finish. The market is also under pressure to lower the caps and prices of bitcoins and other tokens, allowing new capital to flow from businesses. I don't think this is another bear market, but I could be wrong but correction makes on-chain metrics more stable.
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Cryptocurrency currencies are at the top of popularity worldwide.The condition of most of the coins in the market is improving.We must calm and wait the market progress.Continue with the bull run which kick started last year.Hopefully the market system will improve soon.
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Cryptocurrency currencies are at the top of popularity worldwide.The condition of most of the coins in the market is improving.We must calm and wait the market progress.Continue with the bull run which kick started last year.Hopefully the market system will improve soon.
I still have confidential crypto currency market will improve again.
Because I see many investors still hold their coins and wait.
Not sell all as panic selling.
I think that's good point for crypto holder and trader.
I have asked several friends, they still believe bullish will happen soon.Lets see