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Author Topic: the Market crisis Bull run or dumping state?  (Read 8042 times)

Offline tonymillions84

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the Market crisis Bull run or dumping state?
« on: May 06, 2020, 06:18:28 PM »
The current pandemic has affected the entire economy. but fiat and crypto. most stocks has plummet. Oil  dropped down to zero but currently regaining trade again. crypto in the other hand plummeted down to 4000k before shooting back to the present price today, above 9,200k. what could be the next move in this current state of miss feeling about investment.
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the Market crisis Bull run or dumping state?
« on: May 06, 2020, 06:18:28 PM »

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Offline purpleseven

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Re: the Market crisis Bull run or dumping state?
« Reply #1 on: May 06, 2020, 07:49:10 PM »
It looks like the market has recovered and is starting to show improvement. Crypto is able to survive in this condition and shows the possibility that it will be better than the stock market which has decreased due to covid 19.

Offline hushpupppy

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Re: the Market crisis Bull run or dumping state?
« Reply #2 on: May 07, 2020, 03:00:55 AM »
Either bull or bear, the market is fine, it is healthy.
Remember that we are the market, and our emotions determine the trend of prices on the trade charts.
Stay calm, do your own research and make the right decisions

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Re: the Market crisis Bull run or dumping state?
« Reply #3 on: May 07, 2020, 04:54:47 AM »
I think crypto will experience the same thing as the price of oil which dropped due to a pandemic. I see crypto can survive until now and start to improve. It seems that Bitcoin has shown signs of improvement
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Offline trauchot

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Re: the Market crisis Bull run or dumping state?
« Reply #4 on: May 07, 2020, 10:02:26 AM »
The cryptocurrency market is growing due to the fact that in a couple of days there will be Bitcoin halving, if there were no Bitcoin halving this year, I think the cryptocurrency market would fall as always, and especially because of the corona virus, Bitcoin halving saved cryptocurrency market.
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Re: the Market crisis Bull run or dumping state?
« Reply #5 on: May 07, 2020, 10:17:11 AM »
I personally feel Bitcoin has the potential to out perform other markets,like crude oil, stock , forex etc over the corona virus situation.
Despite the bitcoin halving event, Bitcoin has shown some good resistance and has perform very eell whether covid19 or nothing.

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Offline Jaguar

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Re: the Market crisis Bull run or dumping state?
« Reply #6 on: May 07, 2020, 01:11:16 PM »
Pretty sure both will happen in different time. Bull and bear market is the way of cryptocurrency value. If I'm not mistaken bitcoin is 99.9% sure the influencer, once pump almost cryptocurrencies goes up. That's how bitcoin dominating the entire market. It is rare and special.

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Re: the Market crisis Bull run or dumping state?
« Reply #6 on: May 07, 2020, 01:11:16 PM »


Offline masterrex

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Re: the Market crisis Bull run or dumping state?
« Reply #7 on: May 08, 2020, 09:27:54 AM »
Your question is "what could be the next move in this current state of feeling about investment.? As far as I know, the global economic downturns or economic crisis Are not new. The world was already experienced it before so no doubt it will be normalized soon. While in the cryptocurrency industry we all know that the crypto market is very volatile thats why we don't need to be panic because the same as before the BTC will bounce back to its previous state of dominance.
« Last Edit: July 09, 2020, 01:10:00 PM by masterrex »

Offline Davitsvan

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Re: the Market crisis Bull run or dumping state?
« Reply #8 on: May 08, 2020, 03:02:48 PM »
I think that in the current situation, we see bitcoin pumping  USDT, this growth is not justified, as soon as the halving passes, we will see a dump.
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Re: the Market crisis Bull run or dumping state?
« Reply #9 on: May 08, 2020, 11:45:48 PM »
Yes, we can ignore that this corona pandemic really gives the big influemce on the crypto world. Many people sell coins for cash. It makes the price crash. But the good news is that many more people know and interested in crypto world. This may be the fuel to spur the crypto comeback for bullish

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Re: the Market crisis Bull run or dumping state?
« Reply #10 on: May 10, 2020, 12:03:03 AM »
The market will be still changing whatever the condition. During this pandemic, crypto may be down. But fortunately, many people and sectors are attracted to enter in this crypto world because of how this pandemic spreading. Sonhopefully that the crypto will jump high again
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Re: the Market crisis Bull run or dumping state?
« Reply #11 on: May 11, 2020, 05:48:16 PM »
Now, most likely, we should expect a slight drop in the price of bitcoin, since a significant part of the miners will stop their activity and it takes several months for the cryptocurrency market system to adjust again and work in the new conditions. In any case, now we should not expect a good growth in the cryptocurrency market, if we take into account only tomorrow's event in relation to bitcoin.
The onset of the global economic crisis may, on the contrary, contribute to the rapid growth of the cryptocurrency market. All this will happen in motion. Therefore, interesting events await us.

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Re: the Market crisis Bull run or dumping state?
« Reply #12 on: May 11, 2020, 11:27:04 PM »
This is global crisis, economy crisis. During covid-19 pandemic, crisis global is risingm it also gives influences to crypto world both positively and negatively. The market price right now is not only because the pandemic but also heading to BTC halving.

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Re: the Market crisis Bull run or dumping state?
« Reply #13 on: May 11, 2020, 11:31:23 PM »
Now, the market is decreasing but I think it is normal. I am sure that there will be another pumping time in the near future, especially because of the effect of halving. People follow hype about halving and there are more people to be active in buying. But after the dump yesterday, it is getting down and down.
« Last Edit: May 12, 2020, 04:11:49 AM by Alter »
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aiviaa485

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Re: the Market crisis Bull run or dumping state?
« Reply #14 on: May 12, 2020, 10:44:11 AM »
From the two titles above we have learned and took them, namely:

1. it is better to dump first and then go up in price.
2. Instead of going up and right at the end of the price it's a dump.

point number 1 is good for the future and point number 2 is bad for the future.

 

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