Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Gposas on December 20, 2024, 11:35:11 AM
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As of the past few days, the market is experiencing a drop down in price massively from majorities of the Crypto currencies.
After BTC was able to spike to over $108k, for the consecutive three days according to my observations the market is dropping massively....
Major ALTS and Memecoins also are feeling the heavy impact... Including PEPE, DOGE, ETH etc.....
It is clear that the Bears are winning now and the red candles are the dominants of the Crypto market.
Could this be the beginning of the bearish season?
Or this is as a result of the Christmas Celebration which is coming few days from now???
Ur thoughts
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It is true that the crypto market has been witnessing a massive decline over the past few days, with most major cryptocurrencies, such as BTC, ETH, DOGE, and PEPE, experiencing a strong decline. This has created some adverse conditions and ups and downs in the market. Often, there is some slowdown in the market before the Christmas and New Year festivities, as investors take profits or close positions for tax-related reasons. This can lead to some declines, which can later stabilize.
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Well, this is just a correction after Bitcoin reaching over 110K so altcoins are also influenced by the drop resulting in the red on overall market it doesn't mean bear market kicked or anything like that. We still have time on this bull cycle so we can expect the price starts stabilize and then rise and then correction and so on.
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As of the past few days, the market is experiencing a drop down in price massively from majorities of the Crypto currencies.
After BTC was able to spike to over $108k, for the consecutive three days according to my observations the market is dropping massively....
Major ALTS and Memecoins also are feeling the heavy impact... Including PEPE, DOGE, ETH etc.....
It is clear that the Bears are winning now and the red candles are the dominants of the Crypto market.
Could this be the beginning of the bearish season?
Or this is as a result of the Christmas Celebration which is coming few days from now???
Ur thoughts
I had no doubt that this month was a month of retracement in the price of bitcoin and will be followed for sure by other top altcoins in the market. And this is probably a preparation for the upcoming 2025 next year in my opinion.
And this is also a good opportunity for those of us who are implementing dca in the cryptocurrencies that we are currently saving, right?
or even in bitcoin that is saving it now.
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As of the past few days, the market is experiencing a drop down in price massively from majorities of the Crypto currencies.
After BTC was able to spike to over $108k, for the consecutive three days according to my observations the market is dropping massively....
Major ALTS and Memecoins also are feeling the heavy impact... Including PEPE, DOGE, ETH etc.....
It is clear that the Bears are winning now and the red candles are the dominants of the Crypto market.
Could this be the beginning of the bearish season?
Or this is as a result of the Christmas Celebration which is coming few days from now???
Ur thoughts
I had no doubt that this month was a month of retracement in the price of bitcoin and will be followed for sure by other top altcoins in the market. And this is probably a preparation for the upcoming 2025 next year in my opinion.
And this is also a good opportunity for those of us who are implementing dca in the cryptocurrencies that we are currently saving, right?
or even in bitcoin that is saving it now.
The market relies on BTC bull run. The altcoin market hasn't yet reached the bull peak but because BTC has already been there, this could just be the start of the bear market. The bears didn't even wait for Trump to sit on his office.
This I think is because of the FED announcement right?
This will make people sell this time and they be regretting if the price suddenly retrace back to bullish. If this is a bear trap, dumpers gonna burn.
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As of the past few days, the market is experiencing a drop down in price massively from majorities of the Crypto currencies.
After BTC was able to spike to over $108k, for the consecutive three days according to my observations the market is dropping massively....
Major ALTS and Memecoins also are feeling the heavy impact... Including PEPE, DOGE, ETH etc.....
It is clear that the Bears are winning now and the red candles are the dominants of the Crypto market.
Could this be the beginning of the bearish season?
Or this is as a result of the Christmas Celebration which is coming few days from now???
Ur thoughts
I had no doubt that this month was a month of retracement in the price of bitcoin and will be followed for sure by other top altcoins in the market. And this is probably a preparation for the upcoming 2025 next year in my opinion.
And this is also a good opportunity for those of us who are implementing dca in the cryptocurrencies that we are currently saving, right?
or even in bitcoin that is saving it now.
Yeah, it just matter of time that we will have a retracement. But I will say that this is totally unexpected. I mean we've seen the price hitting $107k already and we are in that bullish momentum.
But one announcement for the Feds suddenly change the aura of the market as he created panic or at least he extinguished the idea of the incoming President that Bitcoin will not be a national reserve for them. Nevertheless, I still think that we can bounce back from this, lowest of $94k, but now we've made some headway around $96k.
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Or this is as a result of the Christmas Celebration which is coming few days from now???
I think the red candles dominating the market currently are because a lot of people are selling off a lot of their coins so they can have a good time with their family in this festive season, not just Christmas because not everyone is a Christian. There are people who have never sold their coins since the beginning of this year; they waited till the end of the year as a time to reward themselves. I think that is totally appropriate for the level of discipline they've shown throughout the year.
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As of the past few days, the market is experiencing a drop down in price massively from majorities of the Crypto currencies.
After BTC was able to spike to over $108k, for the consecutive three days according to my observations the market is dropping massively....
Major ALTS and Memecoins also are feeling the heavy impact... Including PEPE, DOGE, ETH etc.....
It is clear that the Bears are winning now and the red candles are the dominants of the Crypto market.
Could this be the beginning of the bearish season?
Or this is as a result of the Christmas Celebration which is coming few days from now???
For real the pull back momentum I experienced on the chart a couple of hours ago for bitcoin was definitely wild. Like in just a couple of hours not even up to 72 hours we have a drop form 108k down to around 95k before proceeding actually pushed back up a little.
I wasn't very much surprised when I checked the summary of chart direction and discovered that many other crypto currencies including Ethereum also experienced same huge pull back. People are still speculating if this could actually be the main pull back we've been anticipating.
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hoping this is just the effect of Christmas, not because the bearish is already in sight, there has been no profit taking because we are still hoping for Trump's inauguration later
if this has indeed entered a bearish period, we can only be patient and wait for the next 4 years
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As of the past few days, the market is experiencing a drop down in price massively from majorities of the Crypto currencies.
After BTC was able to spike to over $108k, for the consecutive three days according to my observations the market is dropping massively....
Major ALTS and Memecoins also are feeling the heavy impact... Including PEPE, DOGE, ETH etc.....
It is clear that the Bears are winning now and the red candles are the dominants of the Crypto market.
Could this be the beginning of the bearish season?
Or this is as a result of the Christmas Celebration which is coming few days from now???
Ur thoughts
You don't know the actual reason behind this dump? It was due to the the statement made by the Powel. He said Fed can't invest in BTC because the policy avoids them. This was bearish news and people bought it and sold their BTC market dumped but the buyers were bullish they bought it even before it could reach $90k.
This was not the start of bearish season it was just a dump due to manipulation we can say and then recovered back to $98k and $99k too. Bull run has not yet finished those who have the big picture of the market they know for the next 6 months there will be no end of bull run.
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As of the past few days, the market is experiencing a drop down in price massively from majorities of the Crypto currencies.
After BTC was able to spike to over $108k, for the consecutive three days according to my observations the market is dropping massively....
Major ALTS and Memecoins also are feeling the heavy impact... Including PEPE, DOGE, ETH etc.....
It is clear that the Bears are winning now and the red candles are the dominants of the Crypto market.
Could this be the beginning of the bearish season?
Or this is as a result of the Christmas Celebration which is coming few days from now???
Ur thoughts
You don't know the actual reason behind this dump? It was due to the the statement made by the Powel. He said Fed can't invest in BTC because the policy avoids them. This was bearish news and people bought it and sold their BTC market dumped but the buyers were bullish they bought it even before it could reach $90k.
This was not the start of bearish season it was just a dump due to manipulation we can say and then recovered back to $98k and $99k too. Bull run has not yet finished those who have the big picture of the market they know for the next 6 months there will be no end of bull run.
looks like the price going up again. we couldn't be sure whether this is the start of bear market but bull however is also slowing down which i can understand why there is going to be doubt about what could happen to the prices when a dip like this begins to happen.
momentum indicator seem to be pointing the price to go up specially in the 4hour chart, i would really believe the price will drop again to 92k before the momentum stabilizes and rise up gain. this is jsut my opinion. you may have something different in your chart though.
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Well, this is just a correction after Bitcoin reaching over 110K so altcoins are also influenced by the drop resulting in the red on overall market it doesn't mean bear market kicked or anything like that. We still have time on this bull cycle so we can expect the price starts stabilize and then rise and then correction and so on.
Yeah definitely just a healthy correction and it's all natural as I can see on chart it is still in the golden zone so no need to worry about for now. What I really can say is that this is the best time to prepare for the official takeover of president elect Donald Trump as his administration is pro-Bitcoin so maybe it will again make new ATH during his admin and I know everybody does not want to miss this.
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I don't think the bear season is close for bitcoin and i also don't think it has to do with the holiday season, the correction was expected, it was predicted to happen and it did. The fall had something to do with the fed cutting interest rate and also the forecast for 2025, however, we should not be so worried about the fall in price because BTC will rise above $100k soon.
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Could this be the beginning of the bearish season?
Or this is as a result of the Christmas Celebration which is coming few days from now???
Between the two, the latter is more likely the major reason. Since fiat (digital or physical) is still the most preferred payment option for businesses around the world, many are forced to convert (manually/automatically) their BTC/alts to purchase stuffs for the festive season.
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It is clear that the Bears are winning now and the red candles are the dominants of the Crypto market.
Could this be the beginning of the bearish season?
Or this is as a result of the Christmas Celebration which is coming few days from now???
Ur thoughts
Be calm down mate.
Previously, the market was so drastic and even the price of BTC just printed a new ATH of more than $108k, and after that it immediately slammed to a price of $92k. and this is actually quite reasonable, because after a very significant increase, there will be a correction for reasonable market activity. and although all altcoins also fell because they followed the movement of the BTC price, it does not mean that this has become a bearish season. I still believe that the peak of the bullrun has not occurred and am still waiting for at least Trump's inauguration to occur for the BTC price to be much higher again. it's just that the market correction is very reasonable, and there is no need to be alarmed. the proof is that the price of BTC is currently starting to rise again and is already at a rate of $97k again, so get ready to always experience this kind of roller coaster if you enter the crypto world. because there are always market fluctuations, both those that occur with small to large corrections or in like this
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It is true that the crypto market has been witnessing a massive decline over the past few days, with most major cryptocurrencies, such as BTC, ETH, DOGE, and PEPE, experiencing a strong decline. This has created some adverse conditions and ups and downs in the market. Often, there is some slowdown in the market before the Christmas and New Year festivities, as investors take profits or close positions for tax-related reasons. This can lead to some declines, which can later stabilize.
I also believe that sometimes we can see red candle in crypto currency market. I think that there are many reasons to held for this situation. We could understand in this time many people were buy and sell there crypto currency in this time. So I believe that it will be main reason for this reason. We also believe that last month of the years festival also will be reason of red candle in crypto currency market. So I believe that within a short time bitcoin or cryptocurrency market will be starting bull run in crypto currency market.
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Could this be the beginning of the bearish season?
Or this is as a result of the Christmas Celebration which is coming few days from now???
Ur thoughts
I'm leaning towards the fact that there are some crypto holders that are cashing out their assets for the upcoming holiday season. It's possible and we just saw it in that recent drop that happened days ago.
Start of bear season? I don't think so. I mean it's too early for that to say and based on its price movement during the last bull market in 2021, the market should go up in the first 3 months of 2025 before going down significantly. On the flip side, there's a chance that this might be the start of the bear season already. Anything is possible especially now that we have the institutions buying Bitcoin as well.
We might see some things that not happened in the past that are happening right now. As always, expect the unexpected and always be ready.
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Could this be the beginning of the bearish season?
Or this is as a result of the Christmas Celebration which is coming few days from now???
This is common panic thinking. After several days of consecutive growth and a green candle, the first correction is immediately considered a bearish trend. It is simply not possible for the market to be constantly and for a long period in the green.
These are the moments when investing in some experimental tokens (not to mention shitcoin) turns into a long-term bag holder.
Yes, holidays can certainly have an impact, at least that's how it looked in the past several years. I guess, people are less active because they are more dedicated to travelling or whatever they are doing at this time.
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Could this be the beginning of the bearish season?
Or this is as a result of the Christmas Celebration which is coming few days from now???
Ur thoughts
I'm leaning towards the fact that there are some crypto holders that are cashing out their assets for the upcoming holiday season. It's possible and we just saw it in that recent drop that happened days ago.
Start of bear season? I don't think so. I mean it's too early for that to say and based on its price movement during the last bull market in 2021, the market should go up in the first 3 months of 2025 before going down significantly. On the flip side, there's a chance that this might be the start of the bear season already. Anything is possible especially now that we have the institutions buying Bitcoin as well.
We might see some things that not happened in the past that are happening right now. As always, expect the unexpected and always be ready.
Same thought here this can’t be the bearish of bull run is so fast at least bull run usually last longer than this so I still believe we still have 2025 to earn and get profited by bull run. Bull run is probably going to reach 2025 and will surely last more than this with the market strategies we still have enough time to recover and enjoy much bull run in 2025.
A lot of industries and companies are really going into Crypto currency so we still have strong belief that the market will soon pump and get the green light going smoothly we just have to excess a lot patience and trust the process.
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Bitcoin cycle is four years and from that calculation, the bear market should be in 2026 but we might see it in Q4 2025. What happened is a price correction for an unexpected high pump which is a norm in bitcoin price movement. The price will bounce back and this is an opportunity for you to buy at a cheaper rate to fill up your bag if you have the funds.
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hoping this is just the effect of Christmas, not because the bearish is already in sight, there has been no profit taking because we are still hoping for Trump's inauguration later
if this has indeed entered a bearish period, we can only be patient and wait for the next 4 years
I think there is no bear flag yet in my opinion, there are several panic selling for the past 6 days, that lead to heavy downs trends movements, I am expecting some corrections on the market after the last ALL TIME HIGH at $108k.
We can also attribute the recent decline of Bitcoin prices to the Xmas and holiday periods where many people will be off the market with some TP (Take profits) options. However, I think Bitcoin we will bounce back stronger in 2025.
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Bitcoin cycle is four years and from that calculation, the bear market should be in 2026 but we might see it in Q4 2025. What happened is a price correction for an unexpected high pump which is a norm in bitcoin price movement. The price will bounce back and this is an opportunity for you to buy at a cheaper rate to fill up your bag if you have the funds.
Yes i also think in last quarter of 2025 or first quarter of 2026 Bear session will come. And then we can full fill our bag in bear market.
Now bull session running, we know down market come after every bull session. So who we are could not profit in this bull session they can wait for bear market. Then we will buy crypto and hold for bull session.
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The price of Bitcoin has lots of effect on the market, and when if faces a declination, so does the entire market. But I think this is a retracement for another bull run for 2025. This is an entry for new crypto investors and enthusiasts to join the campaign now.
As the festive season gets closer, things like this always happens. Crypto holders sell off to get out profits from the market, yet opening new positions for market entry.
I found out from an article that the Fed has something to do with this price decline, due to the Fed Reserve cut. All of these are reasons for this red candles all over the market chart.
Even as we are expecting new price surge, Bitcoin and crypto currency at large can be affected by any news either in favor or not, which will affect the price positively or negatively. I'm not sure the bear market has started yet, till after the inauguration ceremony, except the decline continues.
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As of the past few days, the market is experiencing a drop down in price massively from majorities of the Crypto currencies.
After BTC was able to spike to over $108k, for the consecutive three days according to my observations the market is dropping massively....
Major ALTS and Memecoins also are feeling the heavy impact... Including PEPE, DOGE, ETH etc.....
It is clear that the Bears are winning now and the red candles are the dominants of the Crypto market.
Could this be the beginning of the bearish season?
Or this is as a result of the Christmas Celebration which is coming few days from now???
Ur thoughts
Seeing the market conditions since last week which have been declining, I also took a little preparation to make a purchase... yes, the amount of BTC that I currently have is actually running low because I have taken previous profits... even though the candlestick is red, it is like a call for me to start buying some more coins with the profit balance that I got from the previous holding.... this could be a good entry point...
Now bitcoin is at $93k, from the ATH of $108k that occurred a few days ago... a 13% discount for now.. and I still have confidence that for Q1 2025 Trump still has the power that the cryptocurrency community is waiting for. That is likely what triggered the market to turn green again.ned.
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looks like the price going up again. we couldn't be sure whether this is the start of bear market but bull however is also slowing down which i can understand why there is going to be doubt about what could happen to the prices when a dip like this begins to happen.
momentum indicator seem to be pointing the price to go up specially in the 4hour chart, i would really believe the price will drop again to 92k before the momentum stabilizes and rise up gain. this is jsut my opinion. you may have something different in your chart though.
I don't have a chart for short time frames like 4 hour I don't trade either. I just spend time analyzing the market to increase my knowledge about how it works and to improve myself with time. Why do you think it had to drop back to 92k although it certainly dropped back and now near to $99k.
I already knew though the market will recover and now it seems like it is setting the range of $90k as base and $99k as resistance this range is not good in my opinion just because I don't like it. I would like it if it goes up $100k but there is no likeness and dislike in trading. Next year's bull run will be very bullish.
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looks like the price going up again. we couldn't be sure whether this is the start of bear market but bull however is also slowing down which i can understand why there is going to be doubt about what could happen to the prices when a dip like this begins to happen.
momentum indicator seem to be pointing the price to go up specially in the 4hour chart, i would really believe the price will drop again to 92k before the momentum stabilizes and rise up gain. this is jsut my opinion. you may have something different in your chart though.
I don't have a chart for short time frames like 4 hour I don't trade either. I just spend time analyzing the market to increase my knowledge about how it works and to improve myself with time. Why do you think it had to drop back to 92k although it certainly dropped back and now near to $99k.
I already knew though the market will recover and now it seems like it is setting the range of $90k as base and $99k as resistance this range is not good in my opinion just because I don't like it. I would like it if it goes up $100k but there is no likeness and dislike in trading. Next year's bull run will be very bullish.
During each bull run the market performs well for a certain period and after bitcoin the bull run of altcoins starts until then bitcoin stays around its ATH price. And in this year's halbing, Bitcoin's bull run has been seen, but Altcoin's bull has not started yet. It will take some time and Altcoin's bull run will last until the first quarter of next year. And only then the market will see a big down. So the possibility of Bitcoin price going below 90-92k is very low now. Rather, the price of Bitcoin is more likely to stay above $100k.
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looks like the price going up again. we couldn't be sure whether this is the start of bear market but bull however is also slowing down which i can understand why there is going to be doubt about what could happen to the prices when a dip like this begins to happen.
momentum indicator seem to be pointing the price to go up specially in the 4hour chart, i would really believe the price will drop again to 92k before the momentum stabilizes and rise up gain. this is jsut my opinion. you may have something different in your chart though.
I don't have a chart for short time frames like 4 hour I don't trade either. I just spend time analyzing the market to increase my knowledge about how it works and to improve myself with time. Why do you think it had to drop back to 92k although it certainly dropped back and now near to $99k.
I already knew though the market will recover and now it seems like it is setting the range of $90k as base and $99k as resistance this range is not good in my opinion just because I don't like it. I would like it if it goes up $100k but there is no likeness and dislike in trading. Next year's bull run will be very bullish.
During each bull run the market performs well for a certain period and after bitcoin the bull run of altcoins starts until then bitcoin stays around its ATH price. And in this year's halbing, Bitcoin's bull run has been seen, but Altcoin's bull has not started yet. It will take some time and Altcoin's bull run will last until the first quarter of next year. And only then the market will see a big down. So the possibility of Bitcoin price going below 90-92k is very low now. Rather, the price of Bitcoin is more likely to stay above $100k.
I agree that the current possibility of bitcoin will stay at $100K, although we will often see corrections but the possibility of bitcoin price will rise again after correction.
And the bullish season will still happen next year so we don't need to worry because we can still hold until next year. Maybe in Q1 or Q2 next year.
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Could this be the beginning of the bearish season?
Or this is as a result of the Christmas Celebration which is coming few days from now???
Ur thoughts
So let the red candles dominate the crypto market and don't let yourself be affected by FUD (fear, uncertainty, and doubt) and if you see someone being affected by it, save them from there because the current situation in the market is just a market correction and not anything else.
I am confident that the market will not easily turn into a bear market because we have not seen the altcoin season start in the market yet. It will start and towards the end of it, I think the bull season for Bitcoin will end.
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The price will bounce back and this is an opportunity for you to buy at a cheaper rate to fill up your bag if you have the funds.
I completely agree with you, weak hands panic with every correction in price, even when some of them have experienced similar corrections previously. True bitcoiners see an opportunity to accumulate more coins in any dip, while weak hands see it as a chance to spread fud.
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During each bull run the market performs well for a certain period and after bitcoin the bull run of altcoins starts until then bitcoin stays around its ATH price. And in this year's halbing, Bitcoin's bull run has been seen, but Altcoin's bull has not started yet. It will take some time and Altcoin's bull run will last until the first quarter of next year. And only then the market will see a big down. So the possibility of Bitcoin price going below 90-92k is very low now. Rather, the price of Bitcoin is more likely to stay above $100k.
I agree that the current possibility of bitcoin will stay at $100K, although we will often see corrections but the possibility of bitcoin price will rise again after correction.
And the bullish season will still happen next year so we don't need to worry because we can still hold until next year. Maybe in Q1 or Q2 next year.
Usually that's the case, there will be an increase again after the correction. But maybe now the correction tends to be a bit long. Maybe because it's related to a special moment and also a long holiday. It remains to be seen whether the market will still be in the red candle until the end of this year or will there be an increase until it is in the $100k bag again stably.
But for next year, I'm sure the market will continue to move up again considering that the bullish era is still ongoing. That's why we don't really need to panic to face a situation like this.
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The price will bounce back and this is an opportunity for you to buy at a cheaper rate to fill up your bag if you have the funds.
I completely agree with you, weak hands panic with every correction in price, even when some of them have experienced similar corrections previously. True bitcoiners see an opportunity to accumulate more coins in any dip, while weak hands see it as a chance to spread fud.
Yeah, this is just part of the market movement, I mean we have seen this before that after touching highest high, suddenly there is this mentality of the investors to sell.
So just wait for it to settle down and we will see that it can recover even beat the last highest high. We do not want to sell at this point but instead just continue to buy.
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The price will bounce back and this is an opportunity for you to buy at a cheaper rate to fill up your bag if you have the funds.
I completely agree with you, weak hands panic with every correction in price, even when some of them have experienced similar corrections previously. True bitcoiners see an opportunity to accumulate more coins in any dip, while weak hands see it as a chance to spread fud.
Yeah, this is just part of the market movement, I mean we have seen this before that after touching highest high, suddenly there is this mentality of the investors to sell.
So just wait for it to settle down and we will see that it can recover even beat the last highest high. We do not want to sell at this point but instead just continue to buy.
This movement should allow seeing an opportunity to develop a solid long-term strategy that has of course been envisaged. The market conditions that are still in motion create room for reprioritization, so that every action taken is in furtherance of the large ambition we desire. This is always good because steady and balanced decisions turn out to be better than hurried ones in times like these. This is the time that went to focus on some aspects that are frequently unseen and base our strategic moves on them when the market is showing signs of adjustment. Together we foster the bravery to keep afloat in a stream, to look way ahead and to keep on going.
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Could this be the beginning of the bearish season? Or this is as a result of the Christmas Celebration which is coming few days from now???
December is traditionally not a good time for the world of investing and I think the cryptocurrency industry is also affected by this mood. People are more focused on the holiday and many traders are partially winding their affairs in preparation for next year. There is a reason why the expected December Santa Claus Rally seems to be not happening as we are instead seeing corrections but this is actually healthy as we are now thinking of 2025. I prefer that correction happen this month rather than making it in January which can cause some withering before the inauguration of Trump.
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Red and green candles are part of the market trends that occur on the daily bases, i am not surprised, the current red candle may be due to traders/investors trying to take some profit.
Red candle could also be normal market corrections which can be for some time, expecting a market recovery. i think the market will bounce back, it is not a big deal, Bitcoin is well known to come with big surprises often.
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hoping this is just the effect of Christmas, not because the bearish is already in sight, there has been no profit taking because we are still hoping for Trump's inauguration later
if this has indeed entered a bearish period, we can only be patient and wait for the next 4 years
I think there is no bear flag yet in my opinion, there are several panic selling for the past 6 days, that lead to heavy downs trends movements, I am expecting some corrections on the market after the last ALL TIME HIGH at $108k.
We can also attribute the recent decline of Bitcoin prices to the Xmas and holiday periods where many people will be off the market with some TP (Take profits) options. However, I think Bitcoin we will bounce back stronger in 2025.
maybe our hope is the same for this, hoping for a better and stronger increase in 2025. at least if the bearish season comes it won't take long and also the market doesn't go down so much it remains stable if there is a decline
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During each bull run the market performs well for a certain period and after bitcoin the bull run of altcoins starts until then bitcoin stays around its ATH price. And in this year's halbing, Bitcoin's bull run has been seen, but Altcoin's bull has not started yet. It will take some time and Altcoin's bull run will last until the first quarter of next year. And only then the market will see a big down. So the possibility of Bitcoin price going below 90-92k is very low now. Rather, the price of Bitcoin is more likely to stay above $100k.
According to you when BTC will stop making new ATH and will stabilize itself only then altseason will start? I don't agree with that because the money will certainly flow form BTC to alts but it does not mean BTC will start to lose its value sharply it will make a new ATH in the next year.
If you proved to be true in future then this changes my way of seeing the market too I have different views for market and they mostly changes with time and according to you I think it will certainly take altseason some time to start their rally like until BTC stop making its rally.
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As of the past few days, the market is experiencing a drop down in price massively from majorities of the Crypto currencies.
After BTC was able to spike to over $108k, for the consecutive three days according to my observations the market is dropping massively....
Major ALTS and Memecoins also are feeling the heavy impact... Including PEPE, DOGE, ETH etc.....
It is clear that the Bears are winning now and the red candles are the dominants of the Crypto market.
Could this be the beginning of the bearish season?
Or this is as a result of the Christmas Celebration which is coming few days from now???
This can be possible that bear season is to start but I don't think so because the sentiments of the overall market is telling me otherwise. This is not the result of the Christmas celebration it was due to the meeting of FOMC you must listen to the announcements that Jerome made and that was not even bearish but still the meeting somehow made big impact not only on crypto market but all market like Stock, Forex, Derivatives etc. Overall impact made people lose lump sum of over a trillion dollars due to that meeting (CMIIW please).
The red candles were really scary and made be have a second opinion that what if all the trades went wrong but on 24 to 25 the market was green and today as unexpected BTC again swings back to $95k.
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hoping this is just the effect of Christmas, not because the bearish is already in sight, there has been no profit taking because we are still hoping for Trump's inauguration later
if this has indeed entered a bearish period, we can only be patient and wait for the next 4 years
I think there is no bear flag yet in my opinion, there are several panic selling for the past 6 days, that lead to heavy downs trends movements, I am expecting some corrections on the market after the last ALL TIME HIGH at $108k.
We can also attribute the recent decline of Bitcoin prices to the Xmas and holiday periods where many people will be off the market with some TP (Take profits) options. However, I think Bitcoin we will bounce back stronger in 2025.
maybe our hope is the same for this, hoping for a better and stronger increase in 2025. at least if the bearish season comes it won't take long and also the market doesn't go down so much it remains stable if there is a decline
It's true that corrections always come, but they don't last long and that's just to give a boost to be able to go higher again. I think right now everyone hopes that there will be a very significant change in Q1 next year, because everyone has determined that there will be a surprise that will happen, even if it misses the time it won't be far from that, so we are always patient and buy again while we can.
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It's true that corrections always come, but they don't last long and that's just to give a boost to be able to go higher again. I think right now everyone hopes that there will be a very significant change in Q1 next year, because everyone has determined that there will be a surprise that will happen, even if it misses the time it won't be far from that, so we are always patient and buy again while we can.
true, stay patient and keep adding load if you are still able, actually there is no doubt to keep holding Btc until it reaches ATH higher than before because of the hope of a Trump who supports BTC and that has provided proof of the power of a Trump's words about BTC
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You can take a top coin dump as an opportunity to reap the rewards of profit. But nowadays most memes play with coin pump and dump because this strategy is a fraud where the value of an asset increases and then decreases rapidly. Scammers who pump and dump financial assets deceive their audience to by causing additional investors to buy. They often purchase large amounts of assets to activate the pump. Pump and dump strategies are particularly prevalent in small and micro cap assets with low liquidity. But if you want you can make profit with this pump and dump line for a very short time buying.
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You can take a top coin dump as an opportunity to reap the rewards of profit. But nowadays most memes play with coin pump and dump because this strategy is a fraud where the value of an asset increases and then decreases rapidly. Scammers who pump and dump financial assets deceive their audience to by causing additional investors to buy. They often purchase large amounts of assets to activate the pump. Pump and dump strategies are particularly prevalent in small and micro cap assets with low liquidity. But if you want you can make profit with this pump and dump line for a very short time buying.
be careful when investing in meme coins, because we can get stuck at high prices if we don't sell while it's still hype. Meme coins are perfect for short-term investments because their movements are very fast, if the hype ends then the price will drop drastically.
I don't have much experience in meme coins, so I only buy popular meme coins like DOGE and SHIB
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You can take a top coin dump as an opportunity to reap the rewards of profit. But nowadays most memes play with coin pump and dump because this strategy is a fraud where the value of an asset increases and then decreases rapidly. Scammers who pump and dump financial assets deceive their audience to by causing additional investors to buy. They often purchase large amounts of assets to activate the pump. Pump and dump strategies are particularly prevalent in small and micro cap assets with low liquidity. But if you want you can make profit with this pump and dump line for a very short time buying.
be careful when investing in meme coins, because we can get stuck at high prices if we don't sell while it's still hype. Meme coins are perfect for short-term investments because their movements are very fast, if the hype ends then the price will drop drastically.
I don't have much experience in meme coins, so I only buy popular meme coins like DOGE and SHIB
Investments in assets that have high active management demands skill so that the decisions made are in tune with the laid down financial objectives. In this case, assets with high fluctuation in altcoins including Doge and Shib must be understood so that we do not get trapped on the wrong side. Which means we are required to have time on hand to constantly observe market conditions in order not to miss the best time to make our choices. It is also suggested that the selection of products that initially have some measure of acceptance may help decrease risk although they do not ensure that the investment will succeed. Individualists believe in utilising analysis to reach the decision making process and so tend not to want to buy as well as sell blindly. This way we can also take care of the risk factor and maintain the course of distribution of the fund according to the capacity without disturbing the overall portfolio balance.
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You can take a top coin dump as an opportunity to reap the rewards of profit. But nowadays most memes play with coin pump and dump because this strategy is a fraud where the value of an asset increases and then decreases rapidly. Scammers who pump and dump financial assets deceive their audience to by causing additional investors to buy. They often purchase large amounts of assets to activate the pump. Pump and dump strategies are particularly prevalent in small and micro cap assets with low liquidity. But if you want you can make profit with this pump and dump line for a very short time buying.
I know this is not wise, but I do this too, hoping to profit from memecoin with a very small allocation... yes I can't risk too much for my assets, I do this activity just to wait for the market to experience a bearish... when the bearish market arrives, that's when I start shopping for top coins to supply....
At least I'm still waiting until Q1 2025, because the fear and greed index is at 50, this indicates to me to prepare for the bearish moment...
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You can take a top coin dump as an opportunity to reap the rewards of profit. But nowadays most memes play with coin pump and dump because this strategy is a fraud where the value of an asset increases and then decreases rapidly. Scammers who pump and dump financial assets deceive their audience to by causing additional investors to buy. They often purchase large amounts of assets to activate the pump. Pump and dump strategies are particularly prevalent in small and micro cap assets with low liquidity. But if you want you can make profit with this pump and dump line for a very short time buying.
be careful when investing in meme coins, because we can get stuck at high prices if we don't sell while it's still hype. Meme coins are perfect for short-term investments because their movements are very fast, if the hype ends then the price will drop drastically.
I don't have much experience in meme coins, so I only buy popular meme coins like DOGE and SHIB
Yeah, of course meme coins can give us huge profit in short amount of time, but it's risky as this point. It could have been manipulated or there are many players inside that it's hard to really track everything.
And what if the chance that pump and dump group sold when you are sleeping?
So just stick with Bitcoin and I think we will be fine.
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...meme coins can give us huge profit in short amount of time, but it's risky as this point. It could have been manipulated or there are many players inside that it's hard to really track everything. So just stick with Bitcoin and I think we will be fine.
Memecoins can make you rich but can also make you poor anytime as the risk can be high most especially these days when the market is so unsettled. Bitcoin and some top alts can be the safest grounds in cryptocurrency as they have the tendency to make some dramatic rebounds. Hopefully, there will be big good news within January as we can now conclude that the last two weeks of December were not so lenient to the industry...we are seeing REDS even until the last hours of 2025. I would just be smacked if instead of a better bull run there can be a bearish knife to wedged upon the market in the first quarter of 2025. Anyway, let's all welcome 2025 with open arms and an exciting smile!
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Red and green candles are part of the market trends that occur on the daily bases, i am not surprised, the current red candle may be due to traders/investors trying to take some profit.
Red candle could also be normal market corrections which can be for some time, expecting a market recovery. i think the market will bounce back, it is not a big deal, Bitcoin is well known to come with big surprises often.
It's true that Bitcoin always gives surprises, red and green candles can be said to follow the Christmas and New Year atmosphere for now , corrections are a common thing so there's no need to worry. Bull run hasn't reached its peak yet, so at least we are always prepared for the surprises given by existing coins, especially BTC.
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Red and green candles are part of the market trends that occur on the daily bases, i am not surprised, the current red candle may be due to traders/investors trying to take some profit.
Red candle could also be normal market corrections which can be for some time, expecting a market recovery. i think the market will bounce back, it is not a big deal, Bitcoin is well known to come with big surprises often.
It's true that Bitcoin always gives surprises, red and green candles can be said to follow the Christmas and New Year atmosphere for now , corrections are a common thing so there's no need to worry. Bull run hasn't reached its peak yet, so at least we are always prepared for the surprises given by existing coins, especially BTC.
Red and Green colors are for Xmas colors ;D. I am not surprised to see them in the crypto market this holiday. Bitcoin do give chance to those who are in doubt to buy or those who are waiting for the dip to buy. This is why we are seeing a heavy price correction. However, we are still in the bull run, and instead of waiting and hoping for bitcoin to only be pumping. Use this time to buy more Bitcoin at a cheaper price because 100k price has been tested and confirmed. Next year will be more bullish.
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Red and green candles are part of the market trends that occur on the daily bases, i am not surprised, the current red candle may be due to traders/investors trying to take some profit.
Red candle could also be normal market corrections which can be for some time, expecting a market recovery. i think the market will bounce back, it is not a big deal, Bitcoin is well known to come with big surprises often.
It's true that Bitcoin always gives surprises, red and green candles can be said to follow the Christmas and New Year atmosphere for now , corrections are a common thing so there's no need to worry. Bull run hasn't reached its peak yet, so at least we are always prepared for the surprises given by existing coins, especially BTC.
In every Christmas and New Year celebration we always see red and green candles and currently the crypto market is experiencing a correction but as you said the bulls have not reached their peak so we don't need to worry because next year we will see the peak of the bullish season.
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Red and green candles are part of the market trends that occur on the daily bases, i am not surprised, the current red candle may be due to traders/investors trying to take some profit.
Red candle could also be normal market corrections which can be for some time, expecting a market recovery. i think the market will bounce back, it is not a big deal, Bitcoin is well known to come with big surprises often.
It's true that Bitcoin always gives surprises, red and green candles can be said to follow the Christmas and New Year atmosphere for now , corrections are a common thing so there's no need to worry. Bull run hasn't reached its peak yet, so at least we are always prepared for the surprises given by existing coins, especially BTC.
In every Christmas and New Year celebration we always see red and green candles and currently the crypto market is experiencing a correction but as you said the bulls have not reached their peak so we don't need to worry because next year we will see the peak of the bullish season.
Bitcoin has indeed corrected, but I see that some altcoins are able to increase when Bitcoin is corrected and this is certainly good news after entering the new year where, hopefully, when Bitcoin increases, many altcoins will also be able to reach their latest ATH so that everyone can get good profits in this new year.
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I agree that the current possibility of bitcoin will stay at $100K, although we will often see corrections but the possibility of bitcoin price will rise again after correction.
And the bullish season will still happen next year so we don't need to worry because we can still hold until next year. Maybe in Q1 or Q2 next year.
January is already showing bullish signs as BTC and Alts are pumping and we might see BTC back above $100k very soon. Alts should show more pump it is expected because all eyes are on alts now instead of BTC. That's how trend will change people will like alts than BTC and to change their mind a FOMO series will start or already have.
In which people and newbies will realize they can make more profit from meme and alts if they have bought them rather than BTC that's also how BTC will lose dominance and alts will pump.
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January is already showing bullish signs as BTC and Alts are pumping and we might see BTC back above $100k very soon. Alts should show more pump it is expected because all eyes are on alts now instead of BTC. That's how trend will change people will like alts than BTC and to change their mind a FOMO series will start or already have.
No doubt, as the year changes and the workday begins, the holidays are over, crypto starts to climb back up. Even after I saw CMC today, I was surprised because most of the crypto has started to turn green. And even the price of BTC has reached more than $97k for its highest. So fast is the movement. Most crypto has increased, even coins like XRP, ADA, and some other coins have increased more than 10%.
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In which people and newbies will realize they can make more profit from meme and alts if they have bought them rather than BTC that's also how BTC will lose dominance and alts will pump.
But things are very different now, maybe one or another has bought meme coins and will be waiting for their pump but it is not a guarantee that it will happen, therefore I do not think that BTC will lose dominance, on the contrary, I think that big investors seeing the Dominance of btc will also want to have btc and the institutions the fact is that they have not sold their btc then this means that they are accumulating and accumulating btc, therefore it is a good business to do things right, for me alts are an alternative to making money, but really it is a very Risky Investment.
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But things are very different now, maybe one or another has bought meme coins and will be waiting for their pump but it is not a guarantee that it will happen, therefore I do not think that BTC will lose dominance, on the contrary, I think that big investors seeing the Dominance of btc will also want to have btc and the institutions the fact is that they have not sold their btc then this means that they are accumulating and accumulating btc, therefore it is a good business to do things right, for me alts are an alternative to making money, but really it is a very Risky Investment.
Alts are really risky and memes are riskier therefore, investing in meme is not a strategic investing but blind investing. Elon changed his profile picture and the name people start buying that coin smart ones exited after making 2x to 3x but newbie stuck now because just in one day it dropped by 50%.
There are memes which have pumped more than 100x to 800x even the increment is crazy that's why the newbies will less capital will move toward memes because they have this mindset that to make big money only one meme has to make huge pump so they start buying any famous meme in the mainstream media. BTC dominance will be affected by more than one factor and I agree with that.
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In which people and newbies will realize they can make more profit from meme and alts if they have bought them rather than BTC that's also how BTC will lose dominance and alts will pump.
But things are very different now, maybe one or another has bought meme coins and will be waiting for their pump but it is not a guarantee that it will happen, therefore I do not think that BTC will lose dominance, on the contrary, I think that big investors seeing the Dominance of btc will also want to have btc and the institutions the fact is that they have not sold their btc then this means that they are accumulating and accumulating btc, therefore it is a good business to do things right, for me alts are an alternative to making money, but really it is a very Risky Investment.
So investing involves taking certain steps carefully. When we are going to use a loan and how, we consider how manageable the payments will be no matter what trends in the market. Because no one can guarantee when an asset value will increase or decrease, market timing is a trap. A safer choice is starting an investment with funds that we really have because we will not be stressed with increases of financial obligations if the invested money does not yield the expected results. Without planned risk taking, taking big risks only piles burden on ourselves. Steps we can take to get us away from huge losses in the future are managing expectations, and staying in our means.
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January is already showing bullish signs as BTC and Alts are pumping and we might see BTC back above $100k very soon. Alts should show more pump it is expected because all eyes are on alts now instead of BTC. That's how trend will change people will like alts than BTC and to change their mind a FOMO series will start or already have.
No doubt, as the year changes and the workday begins, the holidays are over, crypto starts to climb back up. Even after I saw CMC today, I was surprised because most of the crypto has started to turn green. And even the price of BTC has reached more than $97k for its highest. So fast is the movement. Most crypto has increased, even coins like XRP, ADA, and some other coins have increased more than 10%.
This could be because of the new year's activities that has fully started. The festive seasons are over, everyone has gone back or are going back to their daily activities. BTC has reached over $102k so far (more people are yet to resume duties). This has brought forth high momentum for the new year. This is a sign ahead for the inauguration ceremony, and BTC might break the $110k before then.
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This could be because of the new year's activities that has fully started. The festive seasons are over, everyone has gone back or are going back to their daily activities. BTC has reached over $102k so far (more people are yet to resume duties). This has brought forth high momentum for the new year. This is a sign ahead for the inauguration ceremony, and BTC might break the $110k before then.
We just need to hold patiently and wait for what you described + the decisions about the BTC reserves. 2025 should be bullish, there is no doubt in that.
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January is already showing bullish signs as BTC and Alts are pumping and we might see BTC back above $100k very soon. Alts should show more pump it is expected because all eyes are on alts now instead of BTC. That's how trend will change people will like alts than BTC and to change their mind a FOMO series will start or already have.
No doubt, as the year changes and the workday begins, the holidays are over, crypto starts to climb back up. Even after I saw CMC today, I was surprised because most of the crypto has started to turn green. And even the price of BTC has reached more than $97k for its highest. So fast is the movement. Most crypto has increased, even coins like XRP, ADA, and some other coins have increased more than 10%.
This could be because of the new year's activities that has fully started. The festive seasons are over, everyone has gone back or are going back to their daily activities. BTC has reached over $102k so far (more people are yet to resume duties). This has brought forth high momentum for the new year. This is a sign ahead for the inauguration ceremony, and BTC might break the $110k before then.
It could be that what you said is something that is indeed happening and real because the situation from a fairly long holiday and now starting to do activities again and the movement will soon start to be enthusiastic again, although it is not as active as before, but soon many will start doing their activities.
Of course, the momentum of DT's inauguration is highly anticipated that this will provide a very good contribution, because many are optimistic about his leadership style towards bitcoin.
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January is already showing bullish signs as BTC and Alts are pumping and we might see BTC back above $100k very soon. Alts should show more pump it is expected because all eyes are on alts now instead of BTC. That's how trend will change people will like alts than BTC and to change their mind a FOMO series will start or already have.
No doubt, as the year changes and the workday begins, the holidays are over, crypto starts to climb back up. Even after I saw CMC today, I was surprised because most of the crypto has started to turn green. And even the price of BTC has reached more than $97k for its highest. So fast is the movement. Most crypto has increased, even coins like XRP, ADA, and some other coins have increased more than 10%.
This could be because of the new year's activities that has fully started. The festive seasons are over, everyone has gone back or are going back to their daily activities. BTC has reached over $102k so far (more people are yet to resume duties). This has brought forth high momentum for the new year. This is a sign ahead for the inauguration ceremony, and BTC might break the $110k before then.
It could be that what you said is something that is indeed happening and real because the situation from a fairly long holiday and now starting to do activities again and the movement will soon start to be enthusiastic again, although it is not as active as before, but soon many will start doing their activities.
Of course, the momentum of DT's inauguration is highly anticipated that this will provide a very good contribution, because many are optimistic about his leadership style towards bitcoin.
If we are really that trying out to zoom in, then we can actually be able to see that the market does have that positive sentiment but it wont really be giving out that kind of assurance that it will really be resulting into a bull market. We do know that market doesnt always fly and for those who had been saying that it is really showing up some reds now then better get used to it. We do know on how this market works and on how it do behaves. We arent that only be seeing green candles but rather also those reds too. We do know that this market isnt always that getting attached too much or being that reactive when it comes to news and event on which there's always that tendency to move without having any valid reason behind.
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It could be that what you said is something that is indeed happening and real because the situation from a fairly long holiday and now starting to do activities again and the movement will soon start to be enthusiastic again, although it is not as active as before, but soon many will start doing their activities.
Of course, the momentum of DT's inauguration is highly anticipated that this will provide a very good contribution, because many are optimistic about his leadership style towards bitcoin.
I do think it would be the spark that would light all the other sectors too.
Bullish Bitcoin means bullish and prosperous market. And we all are awaiting it, in my opinion.
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Memes will always be in the red because that's just how they work. Memecoins entire business model us to go up in the green for a short time, but really big, and then be in red for the rest of the time.
Now as for the rest of the crypto market, I have no idea why they are down all of a sudden, but it appears to be a pretty big deal because everyone is basically speculating on the reason and nobody really knows why.
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Memes will always be in the red because that's just how they work. Memecoins entire business model us to go up in the green for a short time, but really big, and then be in red for the rest of the time.
Now as for the rest of the crypto market, I have no idea why they are down all of a sudden, but it appears to be a pretty big deal because everyone is basically speculating on the reason and nobody really knows why.
Most memecoins follow the Bitcoin trends, they are not exceptional on the red or green candles. Obviously bitcoin drives the market, its no longer a news, we have seen it overtimes. Dogecoin, pepe, shibainu most frequently followed the Bitcoin trends even in the past three days, Bitcoin has been showing red candles, unfortunately, no other coins, or meme are moving during this dip.
I will confirm to you that the bitcoin dominance is the reason for all coins down trends movements.
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Memes will always be in the red because that's just how they work. Memecoins entire business model us to go up in the green for a short time, but really big, and then be in red for the rest of the time.
Now as for the rest of the crypto market, I have no idea why they are down all of a sudden, but it appears to be a pretty big deal because everyone is basically speculating on the reason and nobody really knows why.
Most memecoins follow the Bitcoin trends, they are not exceptional on the red or green candles. Obviously bitcoin drives the market, its no longer a news, we have seen it overtimes. Dogecoin, pepe, shibainu most frequently followed the Bitcoin trends even in the past three days, Bitcoin has been showing red candles, unfortunately, no other coins, or meme are moving during this dip.
I will confirm to you that the bitcoin dominance is the reason for all coins down trends movements.
Bigger memes move with Bitcoin.
Smaller ones - they follow the hype and the influencers, mostly.
Because they are easily controlled with such small caps and no utility.
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Memes will always be in the red because that's just how they work. Memecoins entire business model us to go up in the green for a short time, but really big, and then be in red for the rest of the time.
Now as for the rest of the crypto market, I have no idea why they are down all of a sudden, but it appears to be a pretty big deal because everyone is basically speculating on the reason and nobody really knows why.
Memecoin That's right, there are only one or two memes that can last long in the green zone. Therefore, we must be smart in choosing which memes we will buy, and what needs to be considered is that it is not often that the meme price experiences ATH for the second time. So if we have a meme coin and it has reached the ATH price, we should immediately sell and leave it, then we look for a new meme again.
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Memes will always be in the red because that's just how they work. Memecoins entire business model us to go up in the green for a short time, but really big, and then be in red for the rest of the time.
Now as for the rest of the crypto market, I have no idea why they are down all of a sudden, but it appears to be a pretty big deal because everyone is basically speculating on the reason and nobody really knows why.
Memecoin That's right, there are only one or two memes that can last long in the green zone. Therefore, we must be smart in choosing which memes we will buy, and what needs to be considered is that it is not often that the meme price experiences ATH for the second time. So if we have a meme coin and it has reached the ATH price, we should immediately sell and leave it, then we look for a new meme again.
I agree. Most of them will not break their ATH but to continue falling its price. That only means that there are no serious investors behind that nor the team. If the team is serious with the project usually they already have private investors before they decide to launch. Sadly, it happens often on memecoins and we should noticed it in the first place from the word "meme" you will understand that there's no guarantee to generate a profit from it. However, there are still good memecoins to invest nowadays because there are some who can provide utility.
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I think red candles keep dominating for cryptocurrency market until one week later after Donald Trump appointing as US president at 20 January, difficult for stopping bitcoin correction after recovery above $102k last several days ago and right now bitcoin drop until $92k. Red candles get more longer time dominating after bitcoin recovery last several days ago and right now have been three or two days with bitcoin and cryptocurrency market going down.
In this position wish have good announcement from Donald Trump about cryptocurrency until his appointing moment come to make bitcoin and crypto return back to higher price.
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No doubt, as the year changes and the workday begins, the holidays are over, crypto starts to climb back up. Even after I saw CMC today, I was surprised because most of the crypto has started to turn green. And even the price of BTC has reached more than $97k for its highest. So fast is the movement. Most crypto has increased, even coins like XRP, ADA, and some other coins have increased more than 10%.
Moving up and down approximately 10% is not a big deal for alts from 1st Jan to till now they have moved 10% and down few times and many has pumped 100% even. This dump has created a panic in the market that maybe we are going to test $88k support which can be a bearish sign but fortunately price recovered after going a little below the big support.
Alts like XRP, ADA, Pepe etc. are being accumulated by whales on daily basis but on this dump they sold their XRP and ADA in big amounts.
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I think red candles keep dominating for cryptocurrency market until one week later after Donald Trump appointing as US president at 20 January, difficult for stopping bitcoin correction after recovery above $102k last several days ago and right now bitcoin drop until $92k. Red candles get more longer time dominating after bitcoin recovery last several days ago and right now have been three or two days with bitcoin and cryptocurrency market going down.
In this position wish have good announcement from Donald Trump about cryptocurrency until his appointing moment come to make bitcoin and crypto return back to higher price.
I think after trump inauguration bitcoin price will have a good price increase and crypto market will be green.
currently bitcoin price is back up to $95K , so stay calm bitcoin will hit ATH this month.
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I think red candles keep dominating for cryptocurrency market until one week later after Donald Trump appointing as US president at 20 January, difficult for stopping bitcoin correction after recovery above $102k last several days ago and right now bitcoin drop until $92k. Red candles get more longer time dominating after bitcoin recovery last several days ago and right now have been three or two days with bitcoin and cryptocurrency market going down.
In this position wish have good announcement from Donald Trump about cryptocurrency until his appointing moment come to make bitcoin and crypto return back to higher price.
It remains true that the current state of the market that exhibits pressure does deserve everyone’s attention. Though the price of bitcoin and many other altcoins has gone down in the last few days, we can still make a hope of this market. Such changes are inherent in the crypto world, and quite often they become a chance for a better assessment or, at least, behaviour. There are high expectations that some changes can occur which will significantly affect the crypto market. If later there are announcements or supportive steps from related parties, this will of course be beneficial for stabilizing the mood of the market, and stimulate more active movement in a more stable direction. Let us sustain the belief on the future of this market.
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So investing involves taking certain steps carefully. When we are going to use a loan and how, we consider how manageable the payments will be no matter what trends in the market. Because no one can guarantee when an asset value will increase or decrease, market timing is a trap. A safer choice is starting an investment with funds that we really have because we will not be stressed with increases of financial obligations if the invested money does not yield the expected results. Without planned risk taking, taking big risks only piles burden on ourselves. Steps we can take to get us away from huge losses in the future are managing expectations, and staying in our means.
If we stay in our limits and will be expecting realistic results from our investments then we certainly be making profit because newbies have heard those stories of how people bought BTC in 2020 and now made huge returns on it and how many missed the opportunity to buy so to not miss another one they buy now.
There are big investors hesitating to invest in BTC because they don't want 2x from BTC in the next 10 years. They want 100x in the next 10 years from alts so they are now investing in them. More risk will bring more reward and lose too. Playing safe will always make us lesser profit.
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We have had series of lower highs and higher lows which indicates a strong bearish move that might not recover any time soon. The best approach towards investing this period is applying excessive caution to avoid been trapped in the bear. If the project doesn't have the characteristics for a long term goal then it is not worth your currency.
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We have had series of lower highs and higher lows which indicates a strong bearish move that might not recover any time soon. The best approach towards investing this period is applying excessive caution to avoid been trapped in the bear. If the project doesn't have the characteristics for a long term goal then it is not worth your currency.
Just wait.
The next months would be good for the market, in my opinion.
Nothing wrong with some dips along the way to a better future and new ATHs broken.
It always was this way.
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There are big investors hesitating to invest in BTC because they don't want 2x from BTC in the next 10 years. They want 100x in the next 10 years from alts so they are now investing in them. More risk will bring more reward and lose too. Playing safe will always make us lesser profit.
We cannot limit someone's choice and that is his right as the one who has funds, but whether it is natural and whether it can happen well, should also be thought of before doing what is done. Playing safe on Bitcoin is a natural thing and with a small risk, but the purpose of the profit is certain. But looking for more profit can also be done as long as you can control yourself and not be carried away because the intention of seeking large profits will certainly bring a very large risk of loss.
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We cannot limit someone's choice and that is his right as the one who has funds, but whether it is natural and whether it can happen well, should also be thought of before doing what is done. Playing safe on Bitcoin is a natural thing and with a small risk, but the purpose of the profit is certain. But looking for more profit can also be done as long as you can control yourself and not be carried away because the intention of seeking large profits will certainly bring a very large risk of loss.
If we move before more profit then we will be easily carried away by these profit and at some point we will make a mistake that can cause us financial crisis I can be wrong that's why we must take advices from our friends, finance experts etc. If we are not experts because if a person is not expert and cannot limit their choice and buy all the dips then at some point when another dip will come in order to make more profit.
That person will take loan on high apy to buy the dip and that would not a dip too and that borrower is not stuck he have to give interest to the lender now therefore avoid taking loans, to make more money always stick with our own game.
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There are big investors hesitating to invest in BTC because they don't want 2x from BTC in the next 10 years. They want 100x in the next 10 years from alts so they are now investing in them. More risk will bring more reward and lose too. Playing safe will always make us lesser profit.
We cannot limit someone's choice and that is his right as the one who has funds, but whether it is natural and whether it can happen well, should also be thought of before doing what is done. Playing safe on Bitcoin is a natural thing and with a small risk, but the purpose of the profit is certain. But looking for more profit can also be done as long as you can control yourself and not be carried away because the intention of seeking large profits will certainly bring a very large risk of loss.
As to the management of the available funds, it is indeed completely in our discretion, however, it is still wise to think twice before acting. It is rational to select the least risky approach to buying bitcoins since with less risk, steady profits are well assured. But, of course, if there is a desire to achieve higher results, we have to make sure that even in the pursuit of better outcomes we do not let ourselves go as far as disregarding self control. That way, there will be less likely a lot of scope for major losses since most actions taken won’t be and will not be overly emotional. In conclusion, pursuing risk awareness, and being realistic is the most important thing in all the steps we undertake to make sustainable delivery of benefits.
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The market turned red when Trump didn't mention crypto in his inaugural speech but market is recovering now. Is there anyone here who expected him to say something about the bitcoin reserves or about his official token? I'm surprised that there are people complaining about it.
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~snip~
Could this be the beginning of the bearish season?
Or this is as a result of the Christmas Celebration which is coming few days from now???
Ur thoughts
For this one month between December 2024 until now January 22, 2025 I see that it does seem red for the candles from the 1 day and 1 week time frames but many people say that now is the time for Bull Run which means the candles should be green.
Maybe for the next few weeks we will see the market will be green because many communities say Bull Run but if the market continues to be red then what you said is true, namely the market is in an unhealthy period aka heading towards Dump.
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We have had series of lower highs and higher lows which indicates a strong bearish move that might not recover any time soon. The best approach towards investing this period is applying excessive caution to avoid been trapped in the bear. If the project doesn't have the characteristics for a long term goal then it is not worth your currency.
Just wait.
The next months would be good for the market, in my opinion.
Nothing wrong with some dips along the way to a better future and new ATHs broken.
It always was this way.
Market wont really be that just showing up greens forever on which means that you will be needing up to to accept that there's always that chance that it will be showing up that red candles and this is why you should that make yourself that prepared for whatever the market be showing because we cant really be bullish forever and this is why you should really be that versatile on whatever the actions that you would really be taking. It will be that recommended that you will be wary on how this market works and act accordingly. Red candles or green candles then it will be that just depending on different market sentiments.
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~snip~
Could this be the beginning of the bearish season?
Or this is as a result of the Christmas Celebration which is coming few days from now???
Ur thoughts
For this one month between December 2024 until now January 22, 2025 I see that it does seem red for the candles from the 1 day and 1 week time frames but many people say that now is the time for Bull Run which means the candles should be green.
Maybe for the next few weeks we will see the market will be green because many communities say Bull Run but if the market continues to be red then what you said is true, namely the market is in an unhealthy period aka heading towards Dump.
Bitcoin is still climbing up, it's all that matters.
And we didn't see the biggest ATH yet.
The market will be greener and greener as time goes on, because the rally isn't over yet.
-
~snip~
Could this be the beginning of the bearish season?
Or this is as a result of the Christmas Celebration which is coming few days from now???
Ur thoughts
For this one month between December 2024 until now January 22, 2025 I see that it does seem red for the candles from the 1 day and 1 week time frames but many people say that now is the time for Bull Run which means the candles should be green.
Maybe for the next few weeks we will see the market will be green because many communities say Bull Run but if the market continues to be red then what you said is true, namely the market is in an unhealthy period aka heading towards Dump.
Bitcoin is still climbing up, it's all that matters.
And we didn't see the biggest ATH yet.
The market will be greener and greener as time goes on, because the rally isn't over yet.
For the increase in the price of Bitcoin, we should also know what factors are so that we can find the moment to buy and the moment to sell Bitcoin so that we can profit. And to find factors like this, in my opinion, is very difficult.
Maybe the supply of Bitcoin is limited and the price will continue to rise but it takes a long time, while during the long term we can trade quickly so that we can profit from the short-term position.
-
~snip~
Could this be the beginning of the bearish season?
Or this is as a result of the Christmas Celebration which is coming few days from now???
Ur thoughts
For this one month between December 2024 until now January 22, 2025 I see that it does seem red for the candles from the 1 day and 1 week time frames but many people say that now is the time for Bull Run which means the candles should be green.
Maybe for the next few weeks we will see the market will be green because many communities say Bull Run but if the market continues to be red then what you said is true, namely the market is in an unhealthy period aka heading towards Dump.
Bitcoin is still climbing up, it's all that matters.
And we didn't see the biggest ATH yet.
The market will be greener and greener as time goes on, because the rally isn't over yet.
For the increase in the price of Bitcoin, we should also know what factors are so that we can find the moment to buy and the moment to sell Bitcoin so that we can profit. And to find factors like this, in my opinion, is very difficult.
Maybe the supply of Bitcoin is limited and the price will continue to rise but it takes a long time, while during the long term we can trade quickly so that we can profit from the short-term position.
To do short-term trading or fast trading requires good knowledge and experience because trading is not easy. We have to do research with the coins we choose, crypto market habits and make the right analysis and strategy.
It is better to be a holder if you do not have the expertise as a trader, although the holder needs time to get profit from bitcpoin, but this is safer.
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The market turned red when Trump didn't mention crypto in his inaugural speech but market is recovering now. Is there anyone here who expected him to say something about the bitcoin reserves or about his official token? I'm surprised that there are people complaining about it.
Maybe what you said is what the market was hoping for, but it didn't happen, but the situation is that bitcoin always goes up, it will correct and then come back up again, so there is no need to be very worried about the current bitcoin situation. Hopefully, in the next few days, DT and Elon will say that to the public, and we just have to wait and see.
-
~snip~
Could this be the beginning of the bearish season?
Or this is as a result of the Christmas Celebration which is coming few days from now???
Ur thoughts
For this one month between December 2024 until now January 22, 2025 I see that it does seem red for the candles from the 1 day and 1 week time frames but many people say that now is the time for Bull Run which means the candles should be green.
Maybe for the next few weeks we will see the market will be green because many communities say Bull Run but if the market continues to be red then what you said is true, namely the market is in an unhealthy period aka heading towards Dump.
Bitcoin is still climbing up, it's all that matters.
And we didn't see the biggest ATH yet.
The market will be greener and greener as time goes on, because the rally isn't over yet.
For the increase in the price of Bitcoin, we should also know what factors are so that we can find the moment to buy and the moment to sell Bitcoin so that we can profit. And to find factors like this, in my opinion, is very difficult.
Maybe the supply of Bitcoin is limited and the price will continue to rise but it takes a long time, while during the long term we can trade quickly so that we can profit from the short-term position.
To do short-term trading or fast trading requires good knowledge and experience because trading is not easy. We have to do research with the coins we choose, crypto market habits and make the right analysis and strategy.
That's why I'm not good at trading because analysis, research and various news are very difficult for me to learn. Moreover, the news is now manipulated a lot so that the crypto market fluctuates very quickly.
It is better to be a holder if you do not have the expertise as a trader, although the holder needs time to get profit from bitcpoin, but this is safer.
More relaxed, comfortable and not in a hurry but unfortunately the price of Bitcoin is already very expensive, the price of 1 Bitcoin is now more than 102,000 dollars. Our desire as crypto lovers is to multiply profits with little capital and that is the basic desire, so we look for shortcuts by trading. Unfortunately, in trading there must be problems.
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It is better to be a holder if you do not have the expertise as a trader, although the holder needs time to get profit from bitcpoin, but this is safer.
More relaxed, comfortable and not in a hurry but unfortunately the price of Bitcoin is already very expensive, the price of 1 Bitcoin is now more than 102,000 dollars. Our desire as crypto lovers is to multiply profits with little capital and that is the basic desire, so we look for shortcuts by trading. Unfortunately, in trading there must be problems.
The comfort you said is very true and, unfortunately, the price is already high, but it is never too late if you really want to continue investing in bitcoin, because the opportunity to increase is still very large and there is still time to pay in installments or if you feel it is very expensive, look for alternatives with potential altcoins, it is also very good to do.
If you are sure about trading, it is also very good in short-term positions, so that you have the opportunity to continue to make profits and collect.
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Maybe what you said is what the market was hoping for, but it didn't happen, but the situation is that bitcoin always goes up, it will correct and then come back up again, so there is no need to be very worried about the current bitcoin situation. Hopefully, in the next few days, DT and Elon will say that to the public, and we just have to wait and see.
As it is right now, one can only imagine how is going to be for altcoins in the near future. Bitcoin is known for it's return from the dead no matter what, it has done it this time all over again but look how dull many altcoins are looking in the market, they are just there doing nothing only few of them are doing the running as soon as it's over, they go down again.
Buy Bitcoin for peace of mind, you might not get that huge return you are expecting but it's better you buy something and see some profits later than buy altcoins that has some potentials and then disappoint you later in the future.
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Maybe what you said is what the market was hoping for, but it didn't happen, but the situation is that bitcoin always goes up, it will correct and then come back up again, so there is no need to be very worried about the current bitcoin situation. Hopefully, in the next few days, DT and Elon will say that to the public, and we just have to wait and see.
As it is right now, one can only imagine how is going to be for altcoins in the near future. Bitcoin is known for it's return from the dead no matter what, it has done it this time all over again but look how dull many altcoins are looking in the market, they are just there doing nothing only few of them are doing the running as soon as it's over, they go down again.
Buy Bitcoin for peace of mind, you might not get that huge return you are expecting but it's better you buy something and see some profits later than buy altcoins that has some potentials and then disappoint you later in the future.
The altcoin season doesn't seem to be here yet, and it is necessary to be patient with the very slow movement of altcoins, but there are some that can rise well, although it seems not the majority of the existing altcoins, especially for potential altcoins.
Bitcoin will always continue to move quickly to go up or down and this is always done so that this process is very difficult for altcoins to follow and always too late to anticipate.
I think buying potential altcoins will not scare you because they will also be able to move along with bitcoin in time and will be able to reach ATH and, of course, will provide benefits.
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Maybe what you said is what the market was hoping for, but it didn't happen, but the situation is that bitcoin always goes up, it will correct and then come back up again, so there is no need to be very worried about the current bitcoin situation. Hopefully, in the next few days, DT and Elon will say that to the public, and we just have to wait and see.
As it is right now, one can only imagine how is going to be for altcoins in the near future. Bitcoin is known for it's return from the dead no matter what, it has done it this time all over again but look how dull many altcoins are looking in the market, they are just there doing nothing only few of them are doing the running as soon as it's over, they go down again.
Buy Bitcoin for peace of mind, you might not get that huge return you are expecting but it's better you buy something and see some profits later than buy altcoins that has some potentials and then disappoint you later in the future.
The altcoin season doesn't seem to be here yet, and it is necessary to be patient with the very slow movement of altcoins, but there are some that can rise well, although it seems not the majority of the existing altcoins, especially for potential altcoins.
Bitcoin will always continue to move quickly to go up or down and this is always done so that this process is very difficult for altcoins to follow and always too late to anticipate.
I think buying potential altcoins will not scare you because they will also be able to move along with bitcoin in time and will be able to reach ATH and, of course, will provide benefits.
People are rushing up about altcoin season but come to think that we arent yet on Bitcoin season yet on which this is majorly that being anticipated on which knowing that this is already the bull run year and after that then we would really be having that altcoin season. We do know that we do have that so called season on which at the moment or time that the one is already over then there's here's some next. It would be understandable on why people do keep on mentioning about altcoin season yet it is indeed pretty obvious that they do have that huge allocation or part of their portfolio on having those altcoins rather than on Bitcoin itself on which this is really that understandable.
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Well it is normal crypto is always go up and down because it is decentralized very high in volatility, i believe that after the bull season there is a bear season and we can all experience loss of value on our holdings that is why in crypto we need a big patience for good.
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What have we got to say or to do since when it has always been more of the green candles more frequent, this is how the crypto market should operates, there should be both in function, this can also be a direction for us in knowing the bearing of the crypto markets, how we could speculate through this and still be on a better edge ahead others is what we should be more concerned about, because it takes nothing for those red to turn green.
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We have had series of lower highs and higher lows which indicates a strong bearish move that might not recover any time soon. The best approach towards investing this period is applying excessive caution to avoid been trapped in the bear. If the project doesn't have the characteristics for a long term goal then it is not worth your currency.
Just wait.
The next months would be good for the market, in my opinion.
Nothing wrong with some dips along the way to a better future and new ATHs broken.
It always was this way.
The crypto market is always this way, but nobody knows how the market will be this year, whether some of the altcoins can reach or give a new ATH this year because it all seems that countries and institutions are more interested in Bitcoin than altcoins. Some of my friends have sold all their altcoin holdings because of the long overdue of the market not showing green candlelight on altcoins, instead, the bearish market persists, not knowing when it will stop
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Well it is normal crypto is always go up and down because it is decentralized very high in volatility, i believe that after the bull season there is a bear season and we can all experience loss of value on our holdings that is why in crypto we need a big patience for good.
Volatility is the driver of the market - without it, nobody would lose or gain more to their depos, so it's really natural, I agree with you.
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The crypto market is always this way, but nobody knows how the market will be this year, whether some of the altcoins can reach or give a new ATH this year because it all seems that countries and institutions are more interested in Bitcoin than altcoins. Some of my friends have sold all their altcoin holdings because of the long overdue of the market not showing green candlelight on altcoins, instead, the bearish market persists, not knowing when it will stop
This is BTC's time to shine, currently.
But we didn't see the biggest flashes of alts yet, in my opinion.
Only the spotlight would be free to do so, we would see such events unfolding, not now.
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We have had series of lower highs and higher lows which indicates a strong bearish move that might not recover any time soon. The best approach towards investing this period is applying excessive caution to avoid been trapped in the bear. If the project doesn't have the characteristics for a long term goal then it is not worth your currency.
Just wait.
The next months would be good for the market, in my opinion.
Nothing wrong with some dips along the way to a better future and new ATHs broken.
It always was this way.
The crypto market is always this way, but nobody knows how the market will be this year, whether some of the altcoins can reach or give a new ATH this year because it all seems that countries and institutions are more interested in Bitcoin than altcoins. Some of my friends have sold all their altcoin holdings because of the long overdue of the market not showing green candlelight on altcoins, instead, the bearish market persists, not knowing when it will stop
I must say that I agree with what you said that the current market always happens like that and no one will know the market conditions this year, even though, based on experience, the market will improve.
But there are indeed obstacles to altcoins, many of which have not been able to reach their ATHs and are currently experiencing quite high corrections. This may be the influence of bitcoin, which is moving too fast, either up or down.
In my opinion, altcoins have the potential to be able to reach their best prices when bitcoin has reached its peak price. It just takes patience.
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I must say that I agree with what you said that the current market always happens like that and no one will know the market conditions this year, even though, based on experience, the market will improve.
But there are indeed obstacles to altcoins, many of which have not been able to reach their ATHs and are currently experiencing quite high corrections. This may be the influence of bitcoin, which is moving too fast, either up or down.
In my opinion, altcoins have the potential to be able to reach their best prices when bitcoin has reached its peak price. It just takes patience.
The last bullish BTC leg means the alts are going to be in a great position, and BTC isn't done yet with its movements.
Lots of potential is still there and, as you said - we need to wait said potential out.
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I must say that I agree with what you said that the current market always happens like that and no one will know the market conditions this year, even though, based on experience, the market will improve.
But there are indeed obstacles to altcoins, many of which have not been able to reach their ATHs and are currently experiencing quite high corrections. This may be the influence of bitcoin, which is moving too fast, either up or down.
In my opinion, altcoins have the potential to be able to reach their best prices when bitcoin has reached its peak price. It just takes patience.
The last bullish BTC leg means the alts are going to be in a great position, and BTC isn't done yet with its movements.
Lots of potential is still there and, as you said - we need to wait said potential out.
For those who had been on this market for a while now then they are really that basically having the idea on how this market works and behaves but when it comes to precision then there's no way that we can be able to tell on where it will be heading. Red candles or Green candles, there's no way that we can be able to see that kind of stability yet this market is really that volatile in the first place. You do make yourself having this kind of versatility when it comes to price movement and decisions in regarding entries and exits of your orders will really be that depending on you on how you will be able to make out such decisions on this one.
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We have had series of lower highs and higher lows which indicates a strong bearish move that might not recover any time soon. The best approach towards investing this period is applying excessive caution to avoid been trapped in the bear. If the project doesn't have the characteristics for a long term goal then it is not worth your currency.
Just wait.
The next months would be good for the market, in my opinion.
Nothing wrong with some dips along the way to a better future and new ATHs broken.
It always was this way.
The crypto market is always this way, but nobody knows how the market will be this year, whether some of the altcoins can reach or give a new ATH this year because it all seems that countries and institutions are more interested in Bitcoin than altcoins. Some of my friends have sold all their altcoin holdings because of the long overdue of the market not showing green candlelight on altcoins, instead, the bearish market persists, not knowing when it will stop
I must say that I agree with what you said that the current market always happens like that and no one will know the market conditions this year, even though, based on experience, the market will improve.
But there are indeed obstacles to altcoins, many of which have not been able to reach their ATHs and are currently experiencing quite high corrections. This may be the influence of bitcoin, which is moving too fast, either up or down.
In my opinion, altcoins have the potential to be able to reach their best prices when bitcoin has reached its peak price. It just takes patience.
If bitcoin has reached its highest price and seems stable there, then there will be a shift in money from investors starting to invest in altcoins and altcoin season will start to arrive. Currently bitcoin is experiencing a correction, it is likely that altcoin season will occur in the middle of this year.
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We have had series of lower highs and higher lows which indicates a strong bearish move that might not recover any time soon. The best approach towards investing this period is applying excessive caution to avoid been trapped in the bear. If the project doesn't have the characteristics for a long term goal then it is not worth your currency.
Just wait.
The next months would be good for the market, in my opinion.
Nothing wrong with some dips along the way to a better future and new ATHs broken.
It always was this way.
The crypto market is always this way, but nobody knows how the market will be this year, whether some of the altcoins can reach or give a new ATH this year because it all seems that countries and institutions are more interested in Bitcoin than altcoins. Some of my friends have sold all their altcoin holdings because of the long overdue of the market not showing green candlelight on altcoins, instead, the bearish market persists, not knowing when it will stop
I must say that I agree with what you said that the current market always happens like that and no one will know the market conditions this year, even though, based on experience, the market will improve.
But there are indeed obstacles to altcoins, many of which have not been able to reach their ATHs and are currently experiencing quite high corrections. This may be the influence of bitcoin, which is moving too fast, either up or down.
In my opinion, altcoins have the potential to be able to reach their best prices when bitcoin has reached its peak price. It just takes patience.
If bitcoin has reached its highest price and seems stable there, then there will be a shift in money from investors starting to invest in altcoins and altcoin season will start to arrive. Currently bitcoin is experiencing a correction, it is likely that altcoin season will occur in the middle of this year.
Hopefully, what you said is true that there is a shift of investors to altcoins, but it seems that the time has not come because besides bitcoin experiencing a correction, altcoins are also experiencing the same thing.
It is indeed difficult to guess when altcoins season will come, but maybe your estimate could be right or there will be an acceleration from what was expected. We will always wait for that so that there is certainty that altcoins will increase.