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Hell yeah, its going to get redder then this year? Why? Because cryptocurrencies has a lot of bad stuff to get off its congested chest before the greens start rolling in. And it would take a while for the market to stabilize still
Red is usually the color associated with happiness, festivities and celebrations and this is the main color associated with the year-end holidays as Christmas and the new Year are both approaching making us say goodbye to 2021 and welcoming the year 2022. Yet, the cryptocurrency market is also now experiencing its big RED period and this is quite possible to be the main mood we can see this whole of December. Do you think RED can be the pervading mood into the 1st quarter of 2022?
Cryptocurrencies like bitcoin are divisible into smaller units, given their fungibility and intended use as a medium of exchange. In contrast, most NFTs must be bought, sold, and held as a whole unit and are therefore indivisible.
I don't think that red December 2022 will follow. After the holidays there will be a lull, because everyone is resting. Then comes the pamp. I expect this to happen in March 2023.
Yeah , I think we will see the red on December this year , Christmas moment.We all see it's bearish season.So, I don't this about good progress at this month
The market has been bearish before this red December and the red market may take longer than we may expect. Bear run is going stronger by the day, there are little or no volume to push the market upward; I am sure the market come back in few months, first quarter 2023. I am out of the market until there is improvement.
Quote from: Citysatoshi on December 18, 2022, 03:02:29 PMThe market has been bearish before this red December and the red market may take longer than we may expect. Bear run is going stronger by the day, there are little or no volume to push the market upward; I am sure the market come back in few months, first quarter 2023. I am out of the market until there is improvement.It is clear that the market has been in a decline since 2021 Nov and might continue obviously into 2023 as we can see from the chart but I don't see why some of us only see a bear market as a bad side but not an opportunity.