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Topic: Alt market today - page 10. (Read 1870 times)
If Bitcoin's current price is $40K and selling will make a profit, then I don't care if it's a trap or not. For me the price of Bitcoin is still safe even though some events are happening such as war. Besides that I also feel that Bitcoin will be able to pass the price of $40K and will reach a new ATH even though 2022 has been running for 3 months and signs of an increase are not 100% yet.
I think in same way to you. At $40k is still a bear price looking good to jump in . Buying at this price may be the low of this moment because the beginning of the year has below $40k and last week was trading for $38k, so maybe the price is gradual increasing in approaching second quarter.
today the market movement is very good where bitcoin has reached $40k again, ETH has also started to rise to $2.8k and other alternative altcoins such as BNB have also increased which have reached $387 of course this is a very positive move, but it is very difficult to say whether this increase can continue or fall again, because the crypto market is currently experiencing very excessive fluctuations.
I would be happier if Bitcoin could be at $50K again this year, as well as ETH at $3K and BNB at $500.Because that is a very good price target if it can happen this year on the three coins I mentioned because if Bitcoin has improved its price from now on, then altcoins will have no more difficulty pumping in the market.
Then we might as well say we would be happier if Bitcoin was at ATH or at $100k then,,, of course everyone is happier if prices increase right? Well maybe except for leverage traders doing nothing but short trades. Which is why all of these levels now will not likely last because of short trading and for sure a lot of limits are also set at $50k BTC or $3k ETH
today the market movement is very good where bitcoin has reached $40k again, ETH has also started to rise to $2.8k and other alternative altcoins such as BNB have also increased which have reached $387 of course this is a very positive move, but it is very difficult to say whether this increase can continue or fall again, because the crypto market is currently experiencing very excessive fluctuations.
I would be happier if Bitcoin could be at $50K again this year, as well as ETH at $3K and BNB at $500.Because that is a very good price target if it can happen this year on the three coins I mentioned because if Bitcoin has improved its price from now on, then altcoins will have no more difficulty pumping in the market.
Then we might as well say we would be happier if Bitcoin was at ATH or at $100k then,,, of course everyone is happier if prices increase right? Well maybe except for leverage traders doing nothing but short trades. Which is why all of these levels now will not likely last because of short trading and for sure a lot of limits are also set at $50k BTC or $3k ETH
BTC is back at 40k and some alts like BnB and ETH are slowly rising again is this another bear trap or bull trap? What are we looking at here? To me it looks like the market keeps going down.
It's very hard to tell or even impossible to tell where the overall direction of the market will be in the next few weeks and months, at least for me. I personally would hope that Bitcoin could stay above let's say 38k $ for a few weeks or so. I think that we need this phases of sideways markets in order to have enough substance for another bull market. I think the market in 2022 is still following the old patterns that it does since 10 years or so. Bitcoin is still the lead indicator for the whole crypto market. If Bitcoin drops all other coins will also drop and most of the times even more than Bitcoin itself. If Bitcoin rises though the altcoins don't rise instantly too. So we need a phase of a positive price development for BTC first before we see a growing altcoin market again.
The two altcoins you are referring to mostly follows the btc pattern as it is traded in pair so now it goes the same way.But still it's trap that is over or not can't be said because the prices are fluctuating between $38k-$41k up and down and at the last when some major boost will surge it then we would see the prices going above.But it can go down the circle again so you should ne ready for it also.
today the market movement is very good where bitcoin has reached $40k again, ETH has also started to rise to $2.8k and other alternative altcoins such as BNB have also increased which have reached $387 of course this is a very positive move, but it is very difficult to say whether this increase can continue or fall again, because the crypto market is currently experiencing very excessive fluctuations.
BTC is back at 40k and some alts like BnB and ETH are slowly rising again is this another bear trap or bull trap? What are we looking at here? To me it looks like the market keeps going down.
We are still in the war situation and I don't think this pump in bitcoin will be stable. Altcoins are showing some more progress because retail is looking bullish over bitcoin. I would suggest to trade with extreme caution at the moment. If the trade is absolutely necessary then make sure to use tight stoplosses.
We cannot say that bitcoin is bullish unless there is complete peace between Ukraine and Russia.
BTC is back at 40k and some adults like BnB and ETH are slowly rising again is this another bear trap or bull trap? What are we looking at here? To me, it looks like the market keeps going down.
To me, I have come to realize that not every coin can move when the bull market happens but I know major coins such as ethereum BNB which are Bitcoin paired will easily move in whichever direction the Bitcoin bull goes.So is not surprising to see some altcoin markets moving while other shitcoins remain at low prices or even decrease in value during a bull market.
BTC is back at 40k and some alts like BnB and ETH are slowly rising again is this another bear trap or bull trap?
Still to early to say if we are in a bear trap or not, but personally it looks like it. Yes BTC is back to $40k but it's getting harder to get to the next price barrier which is like $43k-$45k. So it seems that someone is playing behind the market.
Heading up Or heading down. Under current market conditions, the market is more likely to break down. It may break down, but it's a great time to get in because it's a low-risk trade depending on where your stop loss should be. Since I began using bitcoin 5 years ago, it has been my safe haven.
Good news coming in that's why bitcoin trying hard to make steady on 40k$ and that makes a great bounce from the dip market. Slowly but surely market is recovering and alt cons will rally as well soon. It's just a matter of time, altcoins will fly high again along side with bitcoin.
We will have to see if it can sustained it's $40,000 run because we have seen it last month that when we go over that price, it tends to not hold itself and then goes back below in the range of $35,000-$39,000.
So I would say that we shouldn't rejoice, it's premature, and for me personally, as the market seems to eb leaning into a more of a bear cycle, the price could crash anytime, IMHO, so there is no bull run that is going to happen in the next couple of months but instead the price will be on that boundary only.
Good news coming in that's why bitcoin trying hard to make steady on 40k$ and that makes a great bounce from the dip market. Slowly but surely market is recovering and alt cons will rally as well soon. It's just a matter of time, altcoins will fly high again along side with bitcoin.
BTC is back at 40k and some alts like BnB and ETH are slowly rising again is this another bear trap or bull trap?
Still to early to say if we are in a bear trap or not, but personally it looks like it. Yes BTC is back to $40k but it's getting harder to get to the next price barrier which is like $43k-$45k. So it seems that someone is playing behind the market.
What are we looking at here? To me it looks like the market keeps going down.
Just remain cautious, and maybe it's better if we think that we are really in a bear market. So that you won't get disappointment if the market turns into red again in the next 2 weeks.
BTC is back at 40k and some alts like BnB and ETH are slowly rising again is this another bear trap or bull trap? What are we looking at here? To me it looks like the market keeps going down.
We are still in the war situation and I don't think this pump in bitcoin will be stable. Altcoins are showing some more progress because retail is looking bullish over bitcoin. I would suggest to trade with extreme caution at the moment. If the trade is absolutely necessary then make sure to use tight stoplosses.
We cannot say that bitcoin is bullish unless there is complete peace between Ukraine and Russia.
BTC is back at 40k and some alts like BnB and ETH are slowly rising again is this another bear trap or bull trap? What are we looking at here? To me it looks like the market keeps going down.
Not going down but stabilizing, opinions are divided about the status of the market because of the ongoing war between Ukraine and Russian many thought that it could start WW3 or Cryptocurrency will be maximized because both Russians and Ukrainian will opted for Cryptocurrency to salvage their assets these are all possibilities and scenarios and the market is still hanging but I'm positive despite all this the market will improve just like what happened in the pandemic.
War is not the cause of market turmoil. The market was in a downtrend towards the end of 2021 after hitting an ATH 68k. BTC is still moving sideways in the 40k range and there is no clear bullish or bearish signal yet. The only thing we can do now is be patient and wait.
To me it looks like the market keeps going down.
In the short term, I think like you the market will continue to go down.BTC is back at 40k and some alts like BnB and ETH are slowly rising again is this another bear trap or bull trap? What are we looking at here? To me it looks like the market keeps going down.
Not going down but stabilizing, opinions are divided about the status of the market because of the ongoing war between Ukraine and Russian many thought that it could start WW3 or Cryptocurrency will be maximized because both Russians and Ukrainian will opted for Cryptocurrency to salvage their assets these are all possibilities and scenarios and the market is still hanging but I'm positive despite all this the market will improve just like what happened in the pandemic.
We are having the same questions and yet here we are talking without sources and spurting ideas with 0 percent accuracy at all. One thing for sure is that I won't sell my ether at this time of moment. It was 4k USD last time and I want to expect more, so whether it goes a little bit higher than the current price doesn't bug me at all. Same for BTC, just wait see for yourself where this would lead you. Unless you are some kind of a professional trader who knows their stuff then it is a different thing.
BTC is back at 40k and some alts like BnB and ETH are slowly rising again is this another bear trap or bull trap? What are we looking at here? To me it looks like the market keeps going down.
Well, for me, I took the market in both situations, dumps, and pumps. The majority of the altcoins are depending on the trend of Bitcoin and while BTC moves in a zigzag pattern, we can therefore expect the same chart we see with the altcoins. Definitely, it wasn't a bull or bear trap, and certainly, we don't be wondering why the market behaving like this is very usual. We just hope that Bitcoin will move back high again so we can see altcoins will rally back high. Yes, of course, we have to be patient as this never happens instantly, ever.
could be just a temporary market recover, regardless though if the crisis of economy and geopolitics that are caused by covid and the current invasion are still going we could see that the market might be turning for the worse
but regardless if just the market of bitcoin could holds its current valuation that is at around $40k we could see great bullish run if we could start from the valuation of $40k and could easily reaches the ath.
you just don’t get your expectation too high in this moment around because many things are holding back the market from having a great bullish run, maybe in 2023 things will get better.
but regardless if just the market of bitcoin could holds its current valuation that is at around $40k we could see great bullish run if we could start from the valuation of $40k and could easily reaches the ath.
you just don’t get your expectation too high in this moment around because many things are holding back the market from having a great bullish run, maybe in 2023 things will get better.
Use stop loss in your daily trading that's the best advice I can give because this present market is unpredictable, either bull or bear trap make sure you play a safe game.
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