Another bear?

[Max Way]

Hello guys, the cryptocurrency world have witnessed an upturn in fortune in the last one month or so, turning a market cap of 2 trillion USD. Now suddenly we are witnessing red candles, giant long ones. What's going on? Is it a massive correction or are the dreaded bears upon us?

In my opinion, there are several factors that caused the price to fall, including old holders or buyers in the last year that they started releasing their coins to enjoy the profit, and other factors are unpleasant news about crypto or there are statements from people who have influence. alludes to crypto.

[Seikhhabib]

Bear market gone. This time just hold your alt and wait for the bull

[Delgboke]

I don't think this kind of bear market is a new occurance in the field of Cryptocurrency market, we all experience this form of Cryptocurrency bear in the year 2019 all through the first quarter down to the second quarter of that year, we should try to manage our fears so that we don't sell out lost.

[andrewBud]

Bear season far away.  Many institutional investors are just entering now, so they are unlikely to let the market cool down.  The alt season will last for sure until the end of the year

[pelana vreo]

The altcoin session is not over yet and we are only seeing a major correction as some investors panicked about the drop in Bitcoin price.
If this trend continues in March, the bearish trend will move away because more and more investors want to choose to invest in crypto instead of investing in other assets.

[Bobcrypto]

And besides this market current conditions, I think that bear run is still part of the market behavior. There may not be a 100% bull without some forms of draw backs, remember that every market is mainly control by the demand and supply principles, other fact plays a secondary roles on the price movement.
Again, the fear that is ongoing could be trace to past crypto performance, especially in 2018 but may not be the same situation in 2021. I think the market conditions has drastically changed, more institutions are coming onboard plus huge adoption on the daily basis.

[Ferki]

Hello guys, the cryptocurrency world have witnessed an upturn in fortune in the last one month or so, turning a market cap of 2 trillion USD. Now suddenly we are witnessing red candles, giant long ones. What's going on? Is it a massive correction or are the dreaded bears upon us?

Lol,2 trillions. That was never the case. You mixed up something.

[nadyn]

Most likely, in the spring we will continue to trade in an uptrend, but as summer approaches, a bearish trend may come. Every summer, big investors went on vacation and the market was empty.

[Bobcrypto]

Beside big investors going on vacation, I think the big red candles or big green candles are not strange situations analyzing the market, however, red candles could signify that the market is moving toward a correction, a dip price, and or a bear run.
I think there may not a total bull run without some dip, correction, and short bear red candles. Like I said in some posts, we may not experience a long bear run in 2021.

[sampoerna]

sometimes when we are seeing the market right now, we may feel afraid because it is likely the market is bearish enough. However, I am not sure that it is real bearish. The altcoin season and also bullish time is not needed, not started yet. We need more times at least in 2021 to make a higher and bigger chance in the cryptocurrency.

[bitcoin-shark]

I believe and hope it is only a correction / decline in the market and that the bull season is not over, for me this new bull phase of the market will last at least until the end of the year

[lepbagong]

I believe and hope it is only a correction / decline in the market and that the bull season is not over, for me this new bull phase of the market will last at least until the end of the year

Your belief is the same as mine, this is a reasonable correction and it doesn't make it worse, because the effect of the Halving has not been seen so far, I only see the effect of @elonmusk which is still left to this day.
the increase will continue until it reaches extraordinary renewable ATH and could happen until the end of this year.

[indexx]

Currently the market is very difficult to predict, this started to happen when crypto began to be controlled by large companies. and they may be able to control the price completely. so it is difficult to see future market developments.

[batishta10]

I think this is another dash from the bulls. The market can still grow. There are all the prerequisites for this. The main thing is to leave the market on time.

[Arendra]

In my opinion right now there is indeed a process of fluctuating crypto prices irregularly and this is actually quite a worrying condition. Because I find it very difficult to read the market. And it is likely that 2021 will be full of price increases. It could happen.