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Author Topic: Red Candles dominating the crypto market  (Read 6436 times)

Offline MUGNIA

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Re: Red Candles dominating the crypto market
« Reply #45 on: December 31, 2024, 04:32:11 PM »
Red and green candles are part of the market trends that occur on the daily bases, i am not surprised, the current red candle may be due to traders/investors trying to take some profit.
Red candle could also be normal market corrections which can be for some time, expecting a market recovery. i think the market will bounce back, it is not a big deal, Bitcoin is well known to come with big surprises often.

It's true that Bitcoin always gives surprises, red and green candles can be said to follow the Christmas and New Year atmosphere for now , corrections are a common thing so there's no need to worry. Bull run hasn't reached its peak yet, so at least we are always prepared for the surprises given by existing coins, especially BTC.

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Re: Red Candles dominating the crypto market
« Reply #45 on: December 31, 2024, 04:32:11 PM »

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Offline Sim_card

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Re: Red Candles dominating the crypto market
« Reply #46 on: December 31, 2024, 05:25:39 PM »
Red and green candles are part of the market trends that occur on the daily bases, i am not surprised, the current red candle may be due to traders/investors trying to take some profit.
Red candle could also be normal market corrections which can be for some time, expecting a market recovery. i think the market will bounce back, it is not a big deal, Bitcoin is well known to come with big surprises often.

It's true that Bitcoin always gives surprises, red and green candles can be said to follow the Christmas and New Year atmosphere for now , corrections are a common thing so there's no need to worry. Bull run hasn't reached its peak yet, so at least we are always prepared for the surprises given by existing coins, especially BTC.
Red and Green colors are for Xmas colors  ;D. I am not surprised to see them in the crypto market this holiday. Bitcoin do give chance to those who are in doubt to buy or those who are waiting for the dip to buy. This is why we are seeing a heavy price correction. However, we are still in the bull run, and instead of waiting and hoping for bitcoin to only be pumping. Use this time to buy more Bitcoin at a cheaper price because 100k price has been tested and confirmed. Next year will be more bullish.

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Re: Red Candles dominating the crypto market
« Reply #46 on: December 31, 2024, 05:25:39 PM »

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Offline Hisbullah

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Re: Red Candles dominating the crypto market
« Reply #47 on: January 01, 2025, 10:15:36 PM »
Red and green candles are part of the market trends that occur on the daily bases, i am not surprised, the current red candle may be due to traders/investors trying to take some profit.
Red candle could also be normal market corrections which can be for some time, expecting a market recovery. i think the market will bounce back, it is not a big deal, Bitcoin is well known to come with big surprises often.

It's true that Bitcoin always gives surprises, red and green candles can be said to follow the Christmas and New Year atmosphere for now , corrections are a common thing so there's no need to worry. Bull run hasn't reached its peak yet, so at least we are always prepared for the surprises given by existing coins, especially BTC.
In every Christmas and New Year celebration we always see red and green candles and currently the crypto market is experiencing a correction but as you said the bulls have not reached their peak so we don't need to worry because next year we will see the peak of the bullish season.
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Offline yohananaomi

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Re: Red Candles dominating the crypto market
« Reply #48 on: January 02, 2025, 03:18:01 AM »
Red and green candles are part of the market trends that occur on the daily bases, i am not surprised, the current red candle may be due to traders/investors trying to take some profit.
Red candle could also be normal market corrections which can be for some time, expecting a market recovery. i think the market will bounce back, it is not a big deal, Bitcoin is well known to come with big surprises often.

It's true that Bitcoin always gives surprises, red and green candles can be said to follow the Christmas and New Year atmosphere for now , corrections are a common thing so there's no need to worry. Bull run hasn't reached its peak yet, so at least we are always prepared for the surprises given by existing coins, especially BTC.
In every Christmas and New Year celebration we always see red and green candles and currently the crypto market is experiencing a correction but as you said the bulls have not reached their peak so we don't need to worry because next year we will see the peak of the bullish season.
Bitcoin has indeed corrected, but I see that some altcoins are able to increase when Bitcoin is corrected and this is certainly good news after entering the new year where, hopefully, when Bitcoin increases, many altcoins will also be able to reach their latest ATH so that everyone can get good profits in this new year.

Offline ZAINmalik75

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Re: Red Candles dominating the crypto market
« Reply #49 on: January 02, 2025, 10:56:10 PM »
I agree that the current possibility of bitcoin will stay at $100K, although we will often see corrections but the possibility of bitcoin price will rise again after correction.
And the bullish season will still happen next year so we don't need to worry because we can still hold until next year. Maybe in Q1 or Q2 next year.
January is already showing bullish signs as BTC and Alts are pumping and we might see BTC back above $100k very soon. Alts should show more pump it is expected because all eyes are on alts now instead of BTC. That's how trend will change people will like alts than BTC and to change their mind a FOMO series will start or already have.

In which people and newbies will realize they can make more profit from meme and alts if they have bought them rather than BTC that's also how BTC will lose dominance and alts will pump.
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Offline vegasus

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Re: Red Candles dominating the crypto market
« Reply #50 on: January 02, 2025, 11:11:44 PM »
January is already showing bullish signs as BTC and Alts are pumping and we might see BTC back above $100k very soon. Alts should show more pump it is expected because all eyes are on alts now instead of BTC. That's how trend will change people will like alts than BTC and to change their mind a FOMO series will start or already have.
No doubt, as the year changes and the workday begins, the holidays are over, crypto starts to climb back up. Even after I saw CMC today, I was surprised because most of the crypto has started to turn green. And even the price of BTC has reached more than $97k for its highest. So fast is the movement. Most crypto has increased, even coins like XRP, ADA, and some other coins have increased more than 10%.

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Re: Red Candles dominating the crypto market
« Reply #51 on: January 03, 2025, 02:14:46 AM »
In which people and newbies will realize they can make more profit from meme and alts if they have bought them rather than BTC that's also how BTC will lose dominance and alts will pump.
But things are very different now, maybe one or another has bought meme coins and will be waiting for their pump but it is not a guarantee that it will happen, therefore I do not think that BTC will lose dominance, on the contrary, I think that big investors seeing the Dominance of btc will also want to have btc and the institutions the fact is that they have not sold their btc then this means that they are accumulating and accumulating btc, therefore it is a good business to do things right, for me alts are an alternative to making money, but really it is a very Risky Investment.

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Re: Red Candles dominating the crypto market
« Reply #51 on: January 03, 2025, 02:14:46 AM »


Offline ZAINmalik75

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Re: Red Candles dominating the crypto market
« Reply #52 on: January 04, 2025, 06:12:16 PM »
But things are very different now, maybe one or another has bought meme coins and will be waiting for their pump but it is not a guarantee that it will happen, therefore I do not think that BTC will lose dominance, on the contrary, I think that big investors seeing the Dominance of btc will also want to have btc and the institutions the fact is that they have not sold their btc then this means that they are accumulating and accumulating btc, therefore it is a good business to do things right, for me alts are an alternative to making money, but really it is a very Risky Investment.
Alts are really risky and memes are riskier therefore, investing in meme is not a strategic investing but blind investing. Elon changed his profile picture and the name people start buying that coin smart ones exited after making 2x to 3x but newbie stuck now because just in one day it dropped by 50%.

There are memes which have pumped more than 100x to 800x even the increment is crazy that's why the newbies will less capital will move toward memes because they have this mindset that to make big money only one meme has to make huge pump so they start buying any famous meme in the mainstream media. BTC dominance will be affected by more than one factor and I agree with that.
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Re: Red Candles dominating the crypto market
« Reply #53 on: January 06, 2025, 11:40:49 PM »
In which people and newbies will realize they can make more profit from meme and alts if they have bought them rather than BTC that's also how BTC will lose dominance and alts will pump.
But things are very different now, maybe one or another has bought meme coins and will be waiting for their pump but it is not a guarantee that it will happen, therefore I do not think that BTC will lose dominance, on the contrary, I think that big investors seeing the Dominance of btc will also want to have btc and the institutions the fact is that they have not sold their btc then this means that they are accumulating and accumulating btc, therefore it is a good business to do things right, for me alts are an alternative to making money, but really it is a very Risky Investment.
So investing involves taking certain steps carefully. When we are going to use a loan and how, we consider how manageable the payments will be no matter what trends in the market. Because no one can guarantee when an asset value will increase or decrease, market timing is a trap. A safer choice is starting an investment with funds that we really have because we will not be stressed with increases of financial obligations if the invested money does not yield the expected results. Without planned risk taking, taking big risks only piles burden on ourselves. Steps we can take to get us away from huge losses in the future are managing expectations, and staying in our means.

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Re: Red Candles dominating the crypto market
« Reply #54 on: January 07, 2025, 05:10:48 AM »
January is already showing bullish signs as BTC and Alts are pumping and we might see BTC back above $100k very soon. Alts should show more pump it is expected because all eyes are on alts now instead of BTC. That's how trend will change people will like alts than BTC and to change their mind a FOMO series will start or already have.
No doubt, as the year changes and the workday begins, the holidays are over, crypto starts to climb back up. Even after I saw CMC today, I was surprised because most of the crypto has started to turn green. And even the price of BTC has reached more than $97k for its highest. So fast is the movement. Most crypto has increased, even coins like XRP, ADA, and some other coins have increased more than 10%.

This could be because of the new year's activities that has fully started. The festive seasons are over, everyone has gone back or are going back to their daily activities. BTC has reached over $102k so far (more people are yet to resume duties). This has brought forth high momentum for the new year. This is a sign ahead for the inauguration ceremony, and BTC might break the $110k before then.
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Offline tequilla_sunset

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Re: Red Candles dominating the crypto market
« Reply #55 on: January 07, 2025, 08:38:55 AM »
=
This could be because of the new year's activities that has fully started. The festive seasons are over, everyone has gone back or are going back to their daily activities. BTC has reached over $102k so far (more people are yet to resume duties). This has brought forth high momentum for the new year. This is a sign ahead for the inauguration ceremony, and BTC might break the $110k before then.

We just need to hold patiently and wait for what you described + the decisions about the BTC reserves. 2025 should be bullish, there is no doubt in that.

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Re: Red Candles dominating the crypto market
« Reply #56 on: January 09, 2025, 02:52:50 AM »
January is already showing bullish signs as BTC and Alts are pumping and we might see BTC back above $100k very soon. Alts should show more pump it is expected because all eyes are on alts now instead of BTC. That's how trend will change people will like alts than BTC and to change their mind a FOMO series will start or already have.
No doubt, as the year changes and the workday begins, the holidays are over, crypto starts to climb back up. Even after I saw CMC today, I was surprised because most of the crypto has started to turn green. And even the price of BTC has reached more than $97k for its highest. So fast is the movement. Most crypto has increased, even coins like XRP, ADA, and some other coins have increased more than 10%.
This could be because of the new year's activities that has fully started. The festive seasons are over, everyone has gone back or are going back to their daily activities. BTC has reached over $102k so far (more people are yet to resume duties). This has brought forth high momentum for the new year. This is a sign ahead for the inauguration ceremony, and BTC might break the $110k before then.
It could be that what you said is something that is indeed happening and real because the situation from a fairly long holiday and now starting to do activities again and the movement will soon start to be enthusiastic again, although it is not as active as before, but soon many will start doing their activities.
Of course, the momentum of DT's inauguration is highly anticipated that this will provide a very good contribution, because many are optimistic about his leadership style towards bitcoin.

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Re: Red Candles dominating the crypto market
« Reply #57 on: January 09, 2025, 04:43:23 AM »
January is already showing bullish signs as BTC and Alts are pumping and we might see BTC back above $100k very soon. Alts should show more pump it is expected because all eyes are on alts now instead of BTC. That's how trend will change people will like alts than BTC and to change their mind a FOMO series will start or already have.
No doubt, as the year changes and the workday begins, the holidays are over, crypto starts to climb back up. Even after I saw CMC today, I was surprised because most of the crypto has started to turn green. And even the price of BTC has reached more than $97k for its highest. So fast is the movement. Most crypto has increased, even coins like XRP, ADA, and some other coins have increased more than 10%.
This could be because of the new year's activities that has fully started. The festive seasons are over, everyone has gone back or are going back to their daily activities. BTC has reached over $102k so far (more people are yet to resume duties). This has brought forth high momentum for the new year. This is a sign ahead for the inauguration ceremony, and BTC might break the $110k before then.
It could be that what you said is something that is indeed happening and real because the situation from a fairly long holiday and now starting to do activities again and the movement will soon start to be enthusiastic again, although it is not as active as before, but soon many will start doing their activities.
Of course, the momentum of DT's inauguration is highly anticipated that this will provide a very good contribution, because many are optimistic about his leadership style towards bitcoin.
If we are really that trying out to zoom in, then we can actually be able to see that the market does have that positive sentiment but it wont really be giving out that kind of assurance that it will really be resulting into a bull market. We do know that market doesnt always fly and for those who had been saying that it is really showing up some reds now then better get used to it. We do know on how this market works and on how it do behaves. We arent that only be seeing green candles but rather also those reds too. We do know that this market isnt always that getting attached too much or being that reactive when it comes to news and event on which there's always that tendency to move without having any valid reason behind.

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Re: Red Candles dominating the crypto market
« Reply #58 on: January 09, 2025, 09:24:59 AM »
It could be that what you said is something that is indeed happening and real because the situation from a fairly long holiday and now starting to do activities again and the movement will soon start to be enthusiastic again, although it is not as active as before, but soon many will start doing their activities.
Of course, the momentum of DT's inauguration is highly anticipated that this will provide a very good contribution, because many are optimistic about his leadership style towards bitcoin.

I do think it would be the spark that would light all the other sectors too.
Bullish Bitcoin means bullish and prosperous market. And we all are awaiting it, in my opinion.

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Re: Red Candles dominating the crypto market
« Reply #59 on: January 09, 2025, 09:34:23 AM »
Memes will always be in the red because that's just how they work. Memecoins entire business model us to go up in the green for a short time, but really big, and then be in red for the rest of the time.

Now as for the rest of the crypto market, I have no idea why they are down all of a sudden, but it appears to be a pretty big deal because everyone is basically speculating on the reason and nobody really knows why.
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