Status and future of crypto market in this season

[MrSpasybo]

Currently, we are almost 24 months from the BTC Halving 2020.05.12 event. The market is moving sideways and there has not been any positive signal for the recovery and growth. The obvious positive thing is that BTC price is still above MA100 Weeks.

In addition, some other signals may support the market's recovery:
+ An increase in the rate at which BTC & ETH are withdrawn from CEXs, CEXs BTC & ETH reserves are at a very low level;
+ Many companies and institutions from the traditional market are interested in and invest in the crypto market;
+ Market maturity: many people know and understand about Blockchain + Crypto.

However, I still think we are running out of time for the 2021 season, the market needs to go into winter for market makers to be able to collect large amounts of crypto at very low prices.

What do you think about the market at the moment and the possibility for a recovery and growth in the second half of 2022? Have we entered crypto winter yet?

[TomPluz]

I am still quite positive that within 2022 there will be something big to happen with Bitcoin maybe reaching beyond the last ATH achieved last year. Yes, there are now many factors that can help with this push. However, we have to admit that these days the whole thing can be boring and moving sideways but one of these days things will just boom and there can be a big upwards for BTC...to the moon and beyond!

[Aryan0058]

Cryptocurrency is the financial future because the world is relentless to develop new methods to make the life much better than old ways. There are a lot of cryptos but some will not survive the competition. Crypto is widening the adoption globally.

[Master107]

There were/are expectations that expected to happen. It just happened that the world of crypto is influence by outside crypto sphere for example oil price hike, long war between human vs human, that might pullback the spike momentum.

Regardless of world serious cases that currently we are facing. I do believe there is still a chance of change. People are still optimistic to see Bitcoin in uptrend position after all of these cases.

The status still the same volatile. I hope to see the uptrend position sooner

[Ankit1999999]

I thing crypto market future is very bright, If you are investor We'll personally I would spread my investment to different coin but not with more than 10 coin maybe around 5-8 coins from the top 10 coins listed in the Coinmarketcap but if I would you I would invest 60-70% of my total investment to Bitcoin and Ethereum I am sure that it will be worth it. 

[Foofaraw]

The market seems to be uptrending. And much more interest is being seen in new currencies. So it's the right time to take your chance in potential currencies.

[Senin]

The market seems to be uptrending. And much more interest is being seen in new currencies. So it's the right time to take your chance in potential currencies.

Well, if you took a risk in April with the purchase of potential altcoins, then today you have clearly lost. The cryptocurrency market has not only not received a bullish momentum over the past two months, but has fallen very decently. Now the price of bitcoin is $23,727 and ethereum is $1247. Surely few people in April expected a hundred prices to fall so low. Considering that it is already June, there are practically no hopes for the summer months. Until autumn, there will probably be no significant growth in this market. So we wait until autumn.

[silkytakyaan86]

This is true. At present, there is a recession in the crypto market. But volatility is a common thing in the crypto market. Today the market is bearish. but, tomorrow it is set to increase. And its future, the future of the crypto market is bright. Because now the crypto market is spreading all around.

[gurunanakji777]

Despite the buying of Institutions still, BTC is dropping even though big investors are at loss now but we all know they can invest more to buy the dip so they can make again huge profit from this market. Now its a win-win situation for the new investors in my opinion because they can buy good coins at comparatively less price. There are many people saying the crypto market will diminish but they don't know this market is not going anywhere. Every time it will bounce back with more power.