Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: ZionRTZ on November 22, 2018, 08:12:06 AM

Title: The 2018 rally is officially dead?
Post by: ZionRTZ on November 22, 2018, 08:12:06 AM
With the recent news that the Bakkt launch was postponed until 2019, there is now more reason to believe that the December 2018 rally is officially dead. https://www.ccn.com/newsflash-nyse-owner-delays-bakkt-bitcoin-futures-launch-to-2019/

I know the year is not over yet but unless there's an upcoming event that could trigger a rally or there will be some sort of a miracle, the 2018 is the year of the bears.
Title: Re: The 2018 rally is officially dead?
Post by: arnishad on November 22, 2018, 09:05:51 AM
As the oral communication goes one Swallow doesn't build a Summer, simply because you've got one or a pair of days of a rising market this can be not a symptom we have a tendency to are out of the Bear part. My read is that we'll not see a real Battle of Bull Run starting till the center of Quarter one 2019 there are still too several uncertainties floating around for a transparent signal of modification.
Title: Re: The 2018 rally is officially dead?
Post by: Zed0X on November 22, 2018, 09:05:34 PM
It looks like it. I was also holding on to the thought that the market will rally behind the launch of bakkt this coming December. Oh well, there is nothing we can do about that. We will just have to wait for December to pass and look forward for 2019.
Title: Re: The 2018 rally is officially dead?
Post by: Stavr1992 on November 22, 2018, 09:11:06 PM
In my opinion, all these events, including the ETF or Bakkt, do not have a strong influence on the market behavior. The market is now in a downtrend, and for at least another 3 months it will be there
Title: Re: The 2018 rally is officially dead?
Post by: MOProgress on November 22, 2018, 09:35:17 PM
I will not conclude yet, although the market shows this negative sign but, the year have over one month to end and on crypto even 2 weeks is a long time.
Title: Re: The 2018 rally is officially dead?
Post by: tamango on November 22, 2018, 11:41:35 PM
I also don't think that there will be any bull run until 2019. THere are no good news in next future and people is generally very scared. Let's hope all for a good 2019 rally!
Title: Re: The 2018 rally is officially dead?
Post by: pedangrusak on November 23, 2018, 12:08:52 AM
ETFs and Bakkt have taken up a lot of time for crypto users and investors, I think the current market trend that continues to decline is also waiting for certainty from both of them. the bear market will end 2018 and the following year I am optimistic the market will rise again
Title: Re: The 2018 rally is officially dead?
Post by: Morrower on November 23, 2018, 12:36:25 AM
I don't think that something positive will happen this year in crypto world.
The point is that we're waiting for too long already and many people believe it will only fall deeper now.
Maybe 2019 will present us good news..
Title: Re: The 2018 rally is officially dead?
Post by: Alpha on November 23, 2018, 03:29:37 AM
Waiting of the last day of December to officially believe that this year is the year of bearish market. I suggest if you have enough money, invest in good ici now because now is the right time to buy.
Title: Re: The 2018 rally is officially dead?
Post by: sixexgames on November 23, 2018, 03:41:12 AM
Yeah, I don't see things magically turning around in December. There will have to be a big positive development to bring crypto out of this bear market.
Title: Re: The 2018 rally is officially dead?
Post by: gribble on November 23, 2018, 03:57:08 AM
Yes, I will wait for the last day of December officially because I believe that this year is the year of the bearish market. and I suggest that if you have enough money, invest in a good IC now because in my opinion now is the right time to buy.
Title: Re: The 2018 rally is officially dead?
Post by: Nikko on November 23, 2018, 04:58:54 AM
I think yes, there's no bull run in this year 2018, maybe next year, I'm still believed in crypto even though what happen to current market now.
Title: Re: The 2018 rally is officially dead?
Post by: santawarrior on November 23, 2018, 06:17:14 AM
I beg to disagree because we still have more than a month before this year ends so we still have big chance for a bull market to come most especially that the last month of the is expected for a bull market run.
Title: Re: The 2018 rally is officially dead?
Post by: Abusadeeq6 on November 23, 2018, 06:31:17 AM
Yea, I agreed with you. There is no bull run at the end of this year. Things are just complicated. We just hope next year things turn around to favour us
Title: Re: The 2018 rally is officially dead?
Post by: backfirst77 on November 23, 2018, 07:00:41 AM
The crypto price movement until the end of the year has not improved. Bearish trend will still continue until early next year. Hopefully everything can quickly pass and change with the other way trend that will make the Cryptocurrency market again passionate.
Title: Re: The 2018 rally is officially dead?
Post by: ZionRTZ on November 23, 2018, 07:46:46 AM
I beg to disagree because we still have more than a month before this year ends so we still have big chance for a bull market to come most especially that the last month of the is expected for a bull market run.

I will not conclude yet, although the market shows this negative sign but, the year have over one month to end and on crypto even 2 weeks is a long time.

I like the positivity. What are the chances that a bull run will happen? We all understand that major news and major events always affect cryptocurrency prices, do you know any that we are not yet aware of?
Title: Re: The 2018 rally is officially dead?
Post by: M.bhussaini on November 23, 2018, 08:49:26 AM
I was also holding on to the thought that the market will rally behind the launch of bakkt this coming December. Oh well, there is nothing we can do about that. We will just have to wait for December to pass and look forward for 2019.
Title: Re: The 2018 rally is officially dead?
Post by: gurunanakji777 on November 23, 2018, 09:14:47 AM
I won't say a rally fully depends on Bakkt launch. We all know its been postponed to January 2019. I believe if demand increase market can rise because crypto market depends on demand and supply. Still we have more than 1 month left in this year and we never know how market behaves in coming days and honestly speaking bears are strong in the present market.
Title: Re: The 2018 rally is officially dead?
Post by: ZionRTZ on November 23, 2018, 09:18:12 AM
I won't say a rally fully depends on Bakkt launch. We all know its been postponed to January 2019. I believe if demand increase market can rise because crypto market depends on demand and supply. Still we have more than 1 month left in this year and we never know how market behaves in coming days and honestly speaking bears are strong in the present market.

I understand the demand and supply concept. What would trigger the demand? Any possible good reason why demand would suddenly increase?


I was also holding on to the thought that the market will rally behind the launch of bakkt this coming December. Oh well, there is nothing we can do about that. We will just have to wait for December to pass and look forward for 2019.
Reported for plagiarism. Stop copying other comments.