Red Candles dominating the crypto market

[tequilla_sunset]

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.

[yohananaomi]

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.

[omori]

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.

[milewilda]

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.

[dekafee79]

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.

[yohananaomi]

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.