ALTCOINS are generally on a decline from a one week analysis..and with the look of structure, bitcoin will consolidate for a while..so let’s watch how this goes for the next few daysWell it's more of a speculation though. Judging from the move we experienced during the dip and after the pump well to an extent a consolidation seems logical based on the fact that I really don't see any major event or news currently that would impact a bullish or bearish move so in higher time frame consolidation may just be the case.
It is what it is. What I could speculate is that if the price doesn't fall below its last support line, its going above but if it dumps below 78k, it could the start of bear market. This is just from me. What other analysis are being told, its also theirs analysis.yes it is possible that the bear market will be starting soon i personally am not scared of this unlike many people who treat a bear market like it is the end of the world i actually quite like it because i feel like i have already profitted off from the last bullish cycle and i am ready to buy more and wait for the next bull run again
It is what it is. What I could speculate is that if the price doesn't fall below its last support line, its going above but if it dumps below 78k, it could the start of bear market. This is just from me. What other analysis are being told, its also theirs analysis.yes it is possible that the bear market will be starting soon i personally am not scared of this unlike many people who treat a bear market like it is the end of the world i actually quite like it because i feel like i have already profitted off from the last bullish cycle and i am ready to buy more and wait for the next bull run again
either way i will continue to act accordingly whatever direction bitcoin goes towards to
-snip-Hopefully, the bear market will not happen because this decline has made the price of Bitcoin quite drastically lower than ATH.
Bear market is very possible because Trump just launch trade war to countries and they are not sitting down watching Trump, they are retaliating, Justin Trudeau is also imposing his own tariff AFAIK. People are already speculating about this which could start the bear market.
So far, the price is slowing going up making me think its not going to happen.
Hopefully, the bear market will not happen because this decline has made the price of Bitcoin quite drastically lower than ATH.that is the point of a bear market mate
Whether it's because Trump talks about a trade war or something, Bitcoin still has a chance to hit the ATH again and could stabilize above $100k. Now the price is indeed rising slowly and this could bode well for Bitcon and the state of the crypto market.we should see but everybody knows that this year the bearish market will start to show signs and there could be bursts of incline in price but it might not go higher than the ath anymore
Not breaking the $92,000 levels and staying below them for a long time is a bearish signal, so I think the markets are waiting for what will happen on March 7. If the news is not very positive, I do not think we will exceed the $97,000 levels for the next two months.
The long-term trend is still bullish. ;D
ALTCOINS are generally on a decline from a one week analysis..and with the look of structure, bitcoin will consolidate for a while..so let’s watch how this goes for the next few daysFirst of all, I am very happy to be able to comment on your topic. I hope that in the future, you will be able to create topics with more complete information. I believe that other members also want to know more about your views and methods of market assessment.
What matters to the market first and foremost is Bitcoin and since it is performing well even with its current price ranging between $78-94K, there is no reason to be afraid at the moment unless the price drops below $70C.Yeah, Bitcoin's current price range is still quite good and is certain to survive, there will likely be another recovery and there is still potential to print a new ATH in the next few weeks... the bullish pattern will continue as long as BTC does not collapse below $70k
I also hope that altcoin season will come soon, but I see that bitcoin's dominance is still large and investors are still focused on bitcoin.What matters to the market first and foremost is Bitcoin and since it is performing well even with its current price ranging between $78-94K, there is no reason to be afraid at the moment unless the price drops below $70C.Yeah, Bitcoin's current price range is still quite good and is certain to survive, there will likely be another recovery and there is still potential to print a new ATH in the next few weeks... the bullish pattern will continue as long as BTC does not collapse below $70k
For altcoins, we can expect that there will be an altseason when BTC really experiences a bullish return after this $78k crash is passed... if BTC does not pass $100k, IMO altcoins will move sideways and have not experienced an altseason.
this is normal and instead of worrying about not having a bear market just think of ways to maximize this opportunityMaximize this opportunity by buying more, buying gradually at a lower price.
ALTCOINS are generally on a decline from a one week analysis..and with the look of structure, bitcoin will consolidate for a while..so let’s watch how this goes for the next few daysI am not surprised if that will happen because that is what really it should be. Altcoins will just rise if there is some hype or trend pushing it. Most of them will only follow Bitcoin's path so it's really predictable. That is why an investor has to watch the market for a possible reversal so he or she can take advantage of the shift.
For altcoins, we can expect that there will be an altseason when BTC really experiences a bullish return after this $78k crash is passed... if BTC does not pass $100k, IMO altcoins will move sideways and have not experienced an altseason.I also agree with you, if the price of Bitcoin does not exceed $ 100,000, we will not witness the Altcoin season and altcoins will move sideways for some time.
-snip-Hopefully, the bear market will not happen because this decline has made the price of Bitcoin quite drastically lower than ATH.
Bear market is very possible because Trump just launch trade war to countries and they are not sitting down watching Trump, they are retaliating, Justin Trudeau is also imposing his own tariff AFAIK. People are already speculating about this which could start the bear market.
So far, the price is slowing going up making me think its not going to happen.
Whether it's because Trump talks about a trade war or something, Bitcoin still has a chance to hit the ATH again and could stabilize above $100k. Now the price is indeed rising slowly and this could bode well for Bitcon and the state of the crypto market.
For altcoins, we can expect that there will be an altseason when BTC really experiences a bullish return after this $78k crash is passed... if BTC does not pass $100k, IMO altcoins will move sideways and have not experienced an altseason.I also agree with you, if the price of Bitcoin does not exceed $ 100,000, we will not witness the Altcoin season and altcoins will move sideways for some time.
Especially after the US decision regarding the reserve that it will not buy currencies such as Ethereum, Ripple, Solana or Cardano, which President Trump confirmed in previous statements. This has already led to a decline in these altcoins and may need a long time and a lot of liquidity to take off.
ALTCOINS are generally on a decline from a one week analysis..and with the look of structure, bitcoin will consolidate for a while..so let’s watch how this goes for the next few days
With eyes and fingers crossed on Bitcoin not breaking the support line of $79k/$78k, then we might be facing a declined consolidation, otherwise, if Bitcoin breaks the support line, then the bear market has started, and that might be a no bull season for the altcoins at this period.
Knowing this is what it is for the crypto market, let's just buy the deep, while safe keeping our holdings as much as possible and wait for the next big thing that will happen. The crypto industry is always full of surprises.