Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Cadaver20 on October 10, 2022, 03:17:58 PM
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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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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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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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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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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.
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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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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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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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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.
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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.
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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.
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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.
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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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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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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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So what are you waiting for? For the crypto market to hit an all time low ? What if you invest in low market cap projects ?
Invest in any good project and wait for the bull run mates..... Have you heard of
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Maybe it has already touched the bottom, the market has started to grow again, probably the market decline is over. It is better, of course, not to buy cryptocurrency yet, to wait for the market to grow.
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Since the peak of the 2021 boom, cryptocurrencies have experienced a terrible comedown, dropping $2 trillion in value. The Fed's aggressive tightening, which has included raising interest rates in an effort to rein in inflation that has been shooting through the roof, is largely to blame for the current "crypto winter." The pressure on prices floored large crypto investors with heavily leveraged investments, such Three Arrows Capital, which accelerated the market's decline. Although we cannot predict the exact date or month when cryptocurrency will hit its lowest, it is currently very bearish, so traders might take this opportunity as well.
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I am sure that prices will fall even lower and will remain at these levels for some time until the situation in geopolitics, the global economy and the stock market stabilizes
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I am sure that prices will fall even lower and will remain at these levels for some time until the situation in geopolitics, the global economy and the stock market stabilizes
I myself think the crypto market will fall at least for a day. The lowest price of Bitcoin in this session is below $18K and the lowest price of Ethereum is below $900. I think the market will go lower than that before the bullrun of market starts. And that will be the bottom of the market and then the bull season will start again.
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Of course, it's too early to say when the cryptocurrency will hit the bottom, the market is unpredictable and anything can happen from any situation. Looking at the market now, it is clear that the market is recovering and its further position is unclear.
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Of course, it's too early to say when the cryptocurrency will hit the bottom, the market is unpredictable and anything can happen from any situation. Looking at the market now, it is clear that the market is recovering and its further position is unclear.
looking at what is happening between ftx and binance, I would not say that the market is recovering)
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Hopefully markets will hit bottom soon
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Hopefully markets will hit bottom soon
I would like to know this for sure, because it can take a long time)
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Global geopolitics and the prominent macroeconomics constantly pushing bitcoin prices to higher volatility. The ongoing war between Russia and Ukraine has notbaly divided global regulators on utilising Bitcoin and other cryptocurrencies. Moreover, as mentioned in Coinpedia, western governments argue that Russia has used Bitcoin and other crypto assets to manipulate the set sanctions.
With the rising global inflation rate, which has reduced fiat currencies purchasing power notably, Bitcoin and other digital assets are expected to record significant cash inflows. It can be expected selling pressure of cryptocurrency could further push through 2023.
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Yes, it also seems to me that unfortunately now the fall is just the beginning and in the future it will only continue.I think it's with us for a long time
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its an estimated price value between 15k to 13k and no one will 100% predict the bottom of market it may crypto , forex or stock , But we have a strategy of DCA dollar cost averaging , means buy some crypto when its dumps and believe me friends we are lucky that we have chance to buy here many big investors buys bitcoins at 25k some 20k its sale for us so dont miss it and invest little by little .
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DCA is a good strategy that will be able to overtake the broad market index at a distance. It is suitable for everyone, the only disadvantage is the planning horizon and conservative profitability in comparison with top altcoins.
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I am sure that prices will fall even lower and will remain at these levels for some time until the situation in geopolitics, the global economy and the stock market stabilizes
I myself think the crypto market will fall at least for a day. The lowest price of Bitcoin in this session is below $18K and the lowest price of Ethereum is below $900. I think the market will go lower than that before the bullrun of market starts. And that will be the bottom of the market and then the bull season will start again.
Brother it is too difficult Ethereum price will below $900 but it will be below $1100. So bitcoin price also hit $15k recently in bear market. So waiting for the bull market when price of bitcoin and Ethereum will be pump again and its price reach high.
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No one can predict the bottom of crypto market.
Because It's really unpredictable and I see the crypto market struggling now.
Maybe we should wait at the beginning the next year.
Let's see
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I think that the whole next year will pass under the sign of uncertainty.
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I think that the whole next year will pass under the sign of uncertainty.
Yeah, I also predict it will happen at the next year.
We will see big dump and bitcoin will touch the bottom.
But it's just prediction maybe wrong
let's see
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I think that the whole next year will pass under the sign of uncertainty.
Analysts on the charts see the possibility of a market transition into a bullish period and a rise in the price of bitcoin to $110,000. It is noted that a similar situation was in March 2020, when bitcoin then rose to its latest price record. If the forecast is correct, then the cryptocurrency market has already reached the price bottom and soon we will be able to see the transition of the crypto winter into a bullish period. We hope that this will be the case.
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I think that the whole next year will pass under the sign of uncertainty.
Analysts on the charts see the possibility of a market transition into a bullish period and a rise in the price of bitcoin to $110,000. It is noted that a similar situation was in March 2020, when bitcoin then rose to its latest price record. If the forecast is correct, then the cryptocurrency market has already reached the price bottom and soon we will be able to see the transition of the crypto winter into a bullish period. We hope that this will be the case.
Well, analysts are not traders and not even investors. Most of them don't even risk their hard-earned money.Some analysts say one thing, others another, and in the end one of them turns out to be right...that's why they are believed)
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According to several experts, another crypto winter is already underway. Because of the market crash, layoffs, and the ongoing liquidity problem in the crypto business, analysts predict that crypto prices will remain low for the foreseeable future, as they did between early 2018 and mid-2020. We do not expect Bitcoin to climb as quickly. So all we can do is mentally prepare ourselves and keep our coins as long as possible.
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Cryptocurrency prices are very difficult to touch low prices if there are still those who want to buy them, for example, the price of Bitcoin is impossible for the price to return to a price of only $ 100, the price of Bitcoin will always increase in price when demand increases and it will be increasingly difficult to get Bitcoin due to the influence of limited supply. so the price will always go up, so if you want to enter the world of the safest Cryptocurrency only in Bitcoin.
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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?
Hmm, I think It's a good question, when will crypto market touch the bottom.
Maybe It will happen at the beginning next year, the Q1 2023.
Because many economic expert said we will face the big inflation.
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It's nearly impossible to determine if Crypto has hit its bottom. However, there may be a chance that prices will decrease further given the market's numerous uncertainties. It's crucial for crypto investors to take precautions.
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I would not invest in anything right now, but just keep the cache stock on the balance sheet
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How is it not to invest in the market when the price of cryptocurrencies has fallen so much, I don't understand why you need to keep eating.
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such prices may continue for the whole of this year, I also expect an even greater decline
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It would seem that with current global economic conditions and regulators in many jurisdictions currently reviewing crypto with a view to legislating broad change, general market uncertainty will remain for some time. That said, we have already seen some sharp but unsustained pockets of activity amongst some altcoins already this year, I am guessing that this will remain the case for several months and that short term opportunities are where the money is to be made for the time being. It would seem unwise to be committing to long term strategies at this time.
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this whole year will pass under the sign of uncertainty, so I think that the main fall is still ahead
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We need to watch the market now and observe, let's hope that the market will still start its growth.
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I don't see any prerequisites for this yet, no matter how much I would like it)
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This will be good news for all investors in order not to sell cryptocurrencies and the market will still begin to grow.
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This will be good news for all investors in order not to sell cryptocurrencies and the market will still begin to grow.
While the quantitative easing program continues on the stock market, while a military special operation is underway in certain countries that affect the economy, we are unlikely to be able to see growth in the near future.
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What are you talking about, we see that the market has started to grow and has grown by $ 300 in a short time.
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What are you talking about, we see that the market has started to grow and has grown by $ 300 in a short time.
Apparently it was a rebound of the "reached cat"... or a local rebound on the global downtrend.