Is really market going down?

[mianvicky1]

I listened new from my community members that market is going down from now to 25 December bcoz most of the people sell crypto for Christmas.is it really matters?

[@chison]

Sure, it matters. People will always get fund for celebration a d a lot of market are closing down for now because  holidays. As you trade you that with caution

[MrSpasybo]

This is status of the crypto market at the moment: 10/10 in the top 10 CMC are all falling.
However the reason is not because the majority of people are selling crypto to get fiat to buy gifts for Christmas or New Year, this is just a rumor like news about Chinese people selling crypto for money for Lunar new year makes crypto market go down

I think this is a necessary correction for the market to stabilize before continuing to increase prices. Motivation from BTC Halving & ETH2.0 is still intact, investors are still very excited about DeFi at the moment.

[DogeTalk]

The same fear from year to year that makes it a habit. Could it be that this year the effect of the decline in prices due to Christmas and New Year would not be there? I'm sure people will be happy if that happens and it's calmer to buy more crypto

[Alcor]

I listened new from my community members that market is going down from now to 25 December bcoz most of the people sell crypto for Christmas.is it really matters?

As we remember, in 2017 the bitcoin price grew until December 17 and then did not fall significantly for a long time.  There are also similar examples in other years.  In addition, it is still too early to prepare for the holidays of Christmas and New Year.  I am also surprised by the re-correction of prices over the past month.  However, the behavior of cryptocurrency is unpredictable.  There is still time and the situation with prices may still change for the better.  Let's hope that in the coming days, Bitcoin and other cryptocurrencies will again grow well in value.

[Gurujebs]

It's part of the factor why people will sell but that's not why market is dumping.
It's not really dumping but it's going correction which is healthier and normal when market rally or bull run. Had it been bitcoin crash to $15k, that's when I would be convince that the market actually dump.
It's opportunity to bag some altcoins as the year runs out, we will see new developments by 2021.

[owmivmen]

You can say that because you learned from the previous year when the price of crypto was going down. But the crypto market is very difficult to predict and I hope it will not happen this year

[Rubel007]

This is status of the crypto market at the moment: 10/10 in the top 10 CMC are all falling.
However the reason is not because the majority of people are selling crypto to get fiat to buy gifts for Christmas or New Year, this is just a rumor like news about Chinese people selling crypto for money for Lunar new year makes crypto market go down

I think this is a necessary correction for the market to stabilize before continuing to increase prices. Motivation from BTC Halving & ETH2.0 is still intact, investors are still very excited about DeFi at the moment.

See the attached document and feeling painful . All the coin's price going down . We can not do anything to stop decline stage .But we can be patient for better time . I am optimistic that good time will come soon .

[trauchot]

Recently, there was also a small correction of the cryptocurrency market and then there was pump again and now it looks like it will be the same, so I don't think that a big correction of the cryptocurrency market is expected this year, so I still think that in a couple of days the growth  of cryptocurrency market will start again and the prices of cryptocurrencies will return to the same marks that were before the last correction.

[Thymoty]

In my opinion, this is a natural thing because considering that in the past few weeks the crypto market has experienced a significant increase. So that the market is currently experiencing a correction, it is natural.

[Millionaire]

This is status of the crypto market at the moment: 10/10 in the top 10 CMC are all falling.
However the reason is not because the majority of people are selling crypto to get fiat to buy gifts for Christmas or New Year, this is just a rumor like news about Chinese people selling crypto for money for Lunar new year makes crypto market go down

I think this is a necessary correction for the market to stabilize before continuing to increase prices. Motivation from BTC Halving & ETH2.0 is still intact, investors are still very excited about DeFi at the moment.

the right answer.
right now the market need a correction in order to stabilize before advancing higher.
because I saw the market in recent months is very unstable

[Power]

There are times that is unstable, there are also times  fluctuating times in the world of crypto. But it is also going up.  Meaning when crypto is rising there are lots of bounties etc.

[hushpupppy]

The market is not going down, the market is experiencing a price correction; it happens every time in the market whenever we experience a bull run or price hike. Bitcoin still gets affected by fundamentals such as bad news, and it will continue to be so until some time.

Always do your own research, and remember greed helps no one.

[junkimichi]

I'm sure the market will recover and Christmas will be a scary thing for traders. In fact, I found that before Christmas and New Year the crypto price will experience a significant drop in price

[Master107]

Do not rely your understanding from the past because market is volatile. I would like to remind you my friend that the market condition isn't stable. It could be true that they're right but not sure if it Is real.

from my community members that market is going down from now to 25 December

Don't believe them easily instead study and watch the market flow than just believing and do nothing.
Every year is another year.