What is happening to bitcoin?

[Delgboke]

For sometimes now panic on crypto market what is happening to crypto market, I have been waiting for the bull run it seems like the bull is resting.

[Bobcrypto]

Its becoming very clear that there are strong resistance  from the market for bitcoin and some altcoins, and this is making many believe that there may not be a bull run this December or a likely shift to early 2019.
I think the situation of the current market now is very worrisome to all enthusiasts.

[jyotianand01]

This year is worst for crypto market and whole market in dilemma and bear market go long then market expectations but it is now time to accumulate as we can see the trend change anytime in new year.

[dauletbaeffberdakh]

I learned about cryptocurrencies in early 2015. Then he didn’t pay much attention, because many people still didn’t know about them in detail. I also did not know in detail about them until the beginning of 2017. Then began zayp around cryptocurrency. They began to talk about them every day.
  I think that at the end of last year cryptocurrencies should not have been so expensive.

[Touch Me]

it's just bro trend, and BCH fork make bitcoin trend triggered so this month will become the lowest price of bitcoin for this year.
so many people panic because they don't have money for their live and sell their bitcoin

[TripleVodka]

I also see this this year is baddest year for crypto, and I hope this next year crypto will become better and hope we will se the green market everyday.
But We just can waiting for that, and Nobody know when the market become better, and for some peoples, we need to hold some coin, to make their price not fall to far and make red market become the king at this time

[ZionRTZ]

The bulls are currently sleeping. It's like some bears just knocked them out cold. I hope Santa Claus will wake them up so we can ll have a great Christmas (for those who celebrates).

[Abusadeeq6]

I think the market is at consolidation stage and may recover at anytime. Just don't know where it will be heading. we just wish for the best for now

[backfirst77]

Bitcoin is experiencing its worst cycle this year, after last year it experienced a period of heyday with a very high increase. Even though the price dropped, it was still higher than at the beginning of last year. And hopefully this will be the end of the decline that occurred from the beginning of the year and make it a foothold for a higher price increase in the future.

[Deallove9]

I believe will still like going toward the $2800 area before we see much move again to recover from the dip market and gain some momentum , nothing really happen to bitcoin just that we are in rdarket generally and need some time to get rid of it.

[Zed0X]

There's a strong resistance and the "bulls" are not really rushing in saving bitcoin from going down even further. I guess they are waiting for a sub $3000 before they start placing huge orders.

EDIT: This should have been posted at Bitcoin Discussion board.

[88percent]

Panic is everywhere, many people are going panic and cannot see the truth. Well, for the newcomers, I only will say that down market is one of the very very common happens in the crypto world. Today, the price of Bitcoin is also very down and very low compared to a month ago. But, this is the cycle. This will not happen in the longer time. Just be patient. You can wait the better market soon. Bitcoin is still experiencing the bad condition, just don't make it worse.

[yitzjoe]

a bull run will occur and be optimistic, we just need to wait, a patient patient with the current conditions will get good profits in the future, believe me

[arnishad]

When the bull season starts, several altcoin costs can increase quite Bitcoin. however currently we do not grasp precisely once the bull season can begin. And within the current case, the decline in Bitcoin is a smaller amount than alternative altcoins. that is why i feel it is a safer thanks to keep in bitcoin till the bull season begins.