Crypto Market 2022 | Back to the Bearish cycle: 2018-2020 year?

Yogee

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Quote from: AmoreJaz on June 02, 2022, 06:12:30 PM

Quote from: Yogee on June 02, 2022, 05:59:45 PM

It wasn't too long ago when some projections suggests that BTC hasn't peaked yet and here we are now discussing about bear market hehe. What happened in the past two years like the covid and conflict in Europe disrupted the market cycle momentarily but we're probably back at it now. We may have a good bounce back next year.

in my opinion, it is hard to compare the market to a specific period in the past because what we have today is a lot different than in the previous years. but anyone can do their speculation here as we are free to do so. we can only give a good conclusion once a certain period is already over. and from that point, we can easily compare it with other years.
but some people do want to know the pulse of the community, just to check what are the sentiments in this market.

Yes everybody can see that it's a lot different now. Crypto is more mainstream and we see more regulations. Players have change from mere retail traders to institutional investors. The thing though is that all market always enters a bear market phase no matter what. Even experienced traders know how to respect the market cycles.

SirLancelot

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Quote from: eaLiTy on June 04, 2022, 07:04:05 PM

It is obvious we are going through the same phase we used to see in the past with every rally and there are still people waiting to see a rally in the next few months and i understand that majority are really optimistic but historically we need to wait for the next rally which will take another two years when the next BTCitcoin halving takes place and until then you can accumulate and be patient Wink

.

Yes, now is the right time to start accumulating. But, at the same time I don’t think that those who invested at the peak price are going to be losing their money for good, there is still opportunity ahead for them as long as they don’t end up selling their coins now. Those who bought Bitcoin at it’s peak price of almost $20,000 in 2017/2018 rally would have recovered from their losses if they really kept on with their hodling and not sell their coins. So, there will likely be the same opportunity for those in such a position now.

justdimin

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Quote from: Questat on June 03, 2022, 03:45:29 AM

I will not draw a conclusion that the market will be going that way again, nor I would say history repeats itself and probably because the market behavior has been changed already. I can say that people have been prepared already, people had already learned about the past bear season, so I guess, they will respond to the situation differently and even more positive, unlike before were the majority are in the selling.

Even though the bear season will continue for quite longer, however, I'm not going to think about the worse impact on the market.

I agree that there are a lot of people who learned what they should do based on the last bear market, however at the same time there are some more new people coming in everyday meaning that they will not know what to do as well.

This is lower and lower right now of course, because each year we have more newbies and they get to be more experienced with time, so when we were in 2018 bear period it was bad but now it has been 4 years of newbies since that time and we are doing a lot better right now compared to that time, we haven't been that much down neither. I am expecting some newbies to make some mistakes but not as many people as 2018 for sure.

eaLiTy

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It is obvious we are going through the same phase we used to see in the past with every rally and there are still people waiting to see a rally in the next few months and i understand that majority are really optimistic but historically we need to wait for the next rally which will take another two years when the next BTCitcoin halving takes place and until then you can accumulate and be patient Wink

.

goaldigger

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Quote from: ringgo96 on June 03, 2022, 07:29:13 AM

According to us, see from the market movements in 2017 to 2020, indeed at this time the market will take a long time to be able to bounce back, and the current decline is so large that everything needs a process to get the highest value as it has ever happened in 2021, but we cannot be sure that the current market decline will last long because the crypto world can always give a surprise, then just live what will happen in the future.

It’s totally unpredictable and the past trend is just a guideline and not a real basis, everything can happen in just an instant so for me its better to always be ready. I’m buying some at this price level, for me its already cheap so if the market rise again, at least I was able to buy and that could bring profit to me. We are on the sideways, trying to stay on the middle of support and resistance level, we need at least one breakout and not a breakdown so the price will start to change its trend, we might still see that this year.

sunsilk

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Quote from: Coronama on June 02, 2022, 01:41:27 PM

This market cap has fallen 43% since the start of the year, which is equivalent to $1 trillion leaving the market.
For those of you who have been on this forum for a long time, I would like to ask about the current state of the crypto market. Does this mark the start of a protracted bearish cycle. Like in the 2018-2020 season?

Yes, it has already started long ago.

That's why if there's a comparison again with the market and it's gonna be this time. Hold your positions and buy those cryptos that have plummeted a lot because we may never see them again that low when bull comes back.

We don't know how quick or long the market will turn into bullish again. But just as what we mostly do during the bear market, it's all about picking those cryptos at their respective cheap prices.

jostorres

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Quote from: GreatArkansas on June 02, 2022, 09:15:26 PM

Quote from: Coronama on June 02, 2022, 01:41:27 PM

(....)
Does this mark the start of a protracted bearish cycle. Like in the 2018-2020 season?

Yes, there is a possibility. As we recall last bear market was around 2017 - 2018 when it was started, as you can see it was also started there, losing too much in just a short period of time. But you should also consider that the volume before is far different from now, so we can also say that the market now is already matured.

2017 started slow but it was not a bearish year. The truth is 2017 is a bullish year, as this was the first time btc and many others reach a very high price. The real bear have started on the year 2018 and if im not mistaken it lasted for almost a whole year, then on 2019 there are some recovery that is felt but the market only become better at the year of 2021.

Now on the current year many people are saying that the era of 2018 is repeating again as they saw some similarities. This is going to be a long wait then if that happens but this is great for some because they can still catch up buying sooner or later since they don't have a good amount of funds right now.

masterrex

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IMO, I believe it is and indeed we are already in the bearish market cycle, Im not an expert on this topic, but I was already here in this industry since 2015, that's why I can compare it, based on my own experience and I, can say that it has a lot of differences in this year compared the previous years.

First, the MarketCap was still high at this moment and most of the top-ranking crypto assets are still traded at competitive prices, thats why at this pace, I think the market is not yet fully influenced, or maybe the market still not yet experiencing the deep bearish cycle just like what happened in 2018-2020 or maybe it will not happen anymore who knows? just an opinion.

Jackl87

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Quote from: Coronama on June 02, 2022, 01:41:27 PM

This market cap has fallen 43% since the start of the year, which is equivalent to $1 trillion leaving the market.
For those of you who have been on this forum for a long time, I would like to ask about the current state of the crypto market. Does this mark the start of a protracted bearish cycle. Like in the 2018-2020 season?

I doubt that anyone on this forum can give you a clear and definitive answer to that question. All we can do is to give you our personal opinion and our best guesses about what will happen with the cryptomarket in the upcoming months and years.
I have to say that i really have no idea at the moment in what direction the crypto market will move in the future. I think though that it is very much possible that this just the beginning of a long bear market like the one that started in 2018.

ringgo96

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According to us, see from the market movements in 2017 to 2020, indeed at this time the market will take a long time to be able to bounce back, and the current decline is so large that everything needs a process to get the highest value as it has ever happened in 2021, but we cannot be sure that the current market decline will last long because the crypto world can always give a surprise, then just live what will happen in the future.

KaliLinux

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Quote from: Coronama on June 02, 2022, 01:41:27 PM

This market cap has fallen 43% since the start of the year, which is equivalent to $1 trillion leaving the market.
For those of you who have been on this forum for a long time, I would like to ask about the current state of the crypto market. Does this mark the start of a protracted bearish cycle. Like in the 2018-2020 season?

I believe so and this has already been in play since the market started declining back in Nov. 2021. I think then most thought the market will just correct a bit a continue on an uptrend since most speculation was a Bitcoin price of about $100k however, whether this bear circle will last a period like other seasons can't be confirmed because there are few changed dynamics in the market but time will tell.

capedbaldy

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Quote from: bittick on June 03, 2022, 05:01:07 AM

The cycle can change anytime and this is not always following the old pattern that already happened before. People are being trapped if any bearish market will always be the same like what happened with crypto in the past. They forgot if everything change now. It's started from so many companies are seeing bitcoin as investment opportunity and then it's not only that. There are so many venture capital from various major companies were also coming to the crypto as well.
Just think the bullish momentum can come anytime soon.

The old cycle can be used as an analysis for the needs of the latest market analysis, because the change in the cycle will make many investors trapped from the old cycle guidelines due to speculating with the wrong analysis. Although there are some identical but we have to wait for the following resistance because the market pattern is always changing.

bittick

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The cycle can change anytime and this is not always following the old pattern that already happened before. People are being trapped if any bearish market will always be the same like what happened with crypto in the past. They forgot if everything change now. It's started from so many companies are seeing bitcoin as investment opportunity and then it's not only that. There are so many venture capital from various major companies were also coming to the crypto as well.
Just think the bullish momentum can come anytime soon.

Oshosondy

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Quote from: Coronama on June 02, 2022, 01:41:27 PM

This market cap has fallen 43% since the start of the year, which is equivalent to $1 trillion leaving the market.
For those of you who have been on this forum for a long time, I would like to ask about the current state of the crypto market. Does this mark the start of a protracted bearish cycle. Like in the 2018-2020 season?

Yes, the bear period has started already since some months ago, some people had made profit and sold, some people are also buying more now. The bear market has just started and will last for many months and some people are waiting for that period to buy more. This 2022 is like 2018 and there can still be more price decrease.

Quote from: $anounimus$ on June 03, 2022, 04:42:35 AM

The bearish cycle will continue. If no major fixes are made at this time, this bearish cycle may be very long and last for several years. Currently, it is better to hold BTC than to invest new money in this market. Of course, it is not easy to wait 1-2 years. It is very easy to buy the bottom now, but very difficult to "hold" when the market is falling. especially today there is news that has an additional impact in that direction https://prnt.sc/bIGwViFWl1Ad

I will not say people should buy the bottom now because the price may still decrease further. People that wants to buy bitcoin should have long term holding plan or they can still wait or buy with just one quarter of their money and invest more as it becomes more bearish. Fixes do not have to be made, everything should be naturally happening.

Adbitco

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Quote from: Coronama on June 02, 2022, 01:41:27 PM

Does this mark the start of a protracted bearish cycle. Like in the 2018-2020 season?

I can't give the full expression but one thing for sure is that if the scenario of what happened during then affect this day current market I m sure none could bears it. We don't have to panic over the market knowing that it's one thing pertinent in crypto industry whereby everyone should be able to keep records on this occurrence possibly the time frame it always happened.

$anounimus$

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The bearish cycle will continue. If no major fixes are made at this time, this bearish cycle may be very long and last for several years. Currently, it is better to hold BTC than to invest new money in this market. Of course, it is not easy to wait 1-2 years. It is very easy to buy the bottom now, but very difficult to "hold" when the market is falling. especially today there is news that has an additional impact in that direction https://prnt.sc/bIGwViFWl1Ad

cryptoaddictchie

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Quote from: Coronama on June 02, 2022, 01:41:27 PM

This market cap has fallen 43% since the start of the year, which is equivalent to $1 trillion leaving the market.
For those of you who have been on this forum for a long time, I would like to ask about the current state of the crypto market. Does this mark the start of a protracted bearish cycle. Like in the 2018-2020 season?

Possibly but werent sure of course. Most of the projects or investors might waiting for a good accumulatiom period. But it seems for me that with recent consolidatiom, I think were near getting the bottom and will last a year of volatility until next year. But who knows what could bring the end months it could rebound strong like it always used to.

maydna

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Quote from: Coronama on June 02, 2022, 01:41:27 PM

This market cap has fallen 43% since the start of the year, which is equivalent to $1 trillion leaving the market.
For those of you who have been on this forum for a long time, I would like to ask about the current state of the crypto market. Does this mark the start of a protracted bearish cycle. Like in the 2018-2020 season?

This season has been like what happened in the 2018-2020 season because the price has dropped back to its lowest level without us knowing when it will end. I feel that this situation remains unpredictable as crypto players have grown in number and projects have been launched to attract investors. But even so, we must remain optimistic that this is only temporary and will surely end sooner or later.

Questat

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Quote from: Coronama on June 02, 2022, 01:41:27 PM

This market cap has fallen 43% since the start of the year, which is equivalent to $1 trillion leaving the market.
For those of you who have been on this forum for a long time, I would like to ask about the current state of the crypto market. Does this mark the start of a protracted bearish cycle. Like in the 2018-2020 season?

I will not draw a conclusion that the market will be going that way again, nor I would say history repeats itself and probably because the market behavior has been changed already. I can say that people have been prepared already, people had already learned about the past bear season, so I guess, they will respond to the situation differently and even more positive, unlike before were the majority are in the selling.

Even though the bear season will continue for quite longer, however, I'm not going to think about the worse impact on the market.

X-ray

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Some people are thinking if we have been going back again to the old bearish cycle which already happened a few years ago but we have also experienced a very big pump during 2019 - 2021 that makes sense if we are facing another big pump today. I do believe once you realized the fact that if the bearish market like this is just a common thing in the crypto. This can be going up again anytime. people realized that if this time we are in the bearish market.

Just buy and buy as preparation for the next big cycle next years.

Topic: Crypto Market 2022 | Back to the Bearish cycle: 2018-2020 year? (Read 252 times)