Crypto Market 2022 | Back to the Bearish cycle: 2018-2020 year? - page 2.

d3nz

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Quote from: GreatArkansas on June 02, 2022, 10:15:26 PM

Quote from: Coronama on June 02, 2022, 02:41:27 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.

Definitely, we will go back to the bearish cycle again. It will happen again during the ups and downs of the market, and the only option we need to do with a bearish market is to buy and hold, but sometimes we also need to sell if the price is more than the ATH because dump will surely happen after the buy volume is much higher.

We just need to learn from those past years and take advantage of the market.

Argoo

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Quote from: tbct_mt2 on June 02, 2022, 10:57:06 PM

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

This market cap has fallen 43% since the start of the year, which is equivalent to $1 trillion leaving the market.

43% means it can fall more. Historically Bitcoin has more than 80% falls in previous bear markets. I don't imply that Bitcoin will repeat 80% correction in this bear market. It might or might not have it but it is a view from past cycles.

Quote

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?

Market can change its sentiment and direction any time. Because if everyone are bullish, market will turn to bearish. If everyone is bearish and have very negatively sentiment, market will turn to be bullish. Leverages as long and short and future markets are helpful to turn market around from bull to bear and bear to bull.

Turning points appear and are confirmed if you see big moves and spikes in trading volume.

Most likely, in the coming summer months, the bearish period in the cryptocurrency market will continue. In summer, we almost never see a good rise in prices. In addition, given that the bearish period began last year, it is very unlikely that prices will resume growth in the summer. Therefore, it is most likely not worth hoping for positive changes in this market until autumn. Lately, I'm not even in a hurry to look at price dynamics because of this. Of course, there are always exceptions. But the current unfavorable situation with the war unleashed by Russia against Ukraine and the subsequent tough sanctions that are only getting worse, the threat of starvation due to the blocking of grain in Ukrainian ports, all this does not contribute to the growth of the cryptocurrency market.

blue Snow

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Quote from: Coronama on June 02, 2022, 02:41:27 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?

So like what previous post above, it will be the same or will not be the same, because we don't know how the market will be, may new players inside for this session buy and learn what did happen in the past. several whales have bought altcoin which makes the investment in the company's future. this is different from what did happen in the past when only person by person. So, the risk is always there prepare, so self to manage it, if you were in the market/exchange, prepare to cut and stop lose also.

tbct_mt2

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

This market cap has fallen 43% since the start of the year, which is equivalent to $1 trillion leaving the market.

43% means it can fall more. Historically Bitcoin has more than 80% falls in previous bear markets. I don't imply that Bitcoin will repeat 80% correction in this bear market. It might or might not have it but it is a view from past cycles.

Quote

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?

Market can change its sentiment and direction any time. Because if everyone are bullish, market will turn to bearish. If everyone is bearish and have very negatively sentiment, market will turn to be bullish. Leverages as long and short and future markets are helpful to turn market around from bull to bear and bear to bull.

Turning points appear and are confirmed if you see big moves and spikes in trading volume.

GreatArkansas

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Quote from: Coronama on June 02, 2022, 02:41:27 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.

Yaunfitda

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Quote from: asriloni on June 02, 2022, 07:33:27 PM

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

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

4 year cycle was a real thing. I can't say if this is proacted the bearish trend but it's a bit different compared with what happened in 2018 - 2020. I know that if people are feeling frustated caused by the bearish market but they were not even making the right point about this.
This time the bearish market is also being supported by the very bad global condition where the inflation is happening everywhere. The war is still continue and various virus that was coming.
The fundamental of market is also following the fundamental of global. Everything gets even expensive.

We should take the bearish market very positive. I mean if you have the last bear market, then you will know that a lot of solid projects goes down. Like Ethereum for example, went below $100 but in the bull run of 2021, it went as high as $4k. So the bear market is a perfect opportunity to all of us to fill our wallets.

As for the cycle, so far, it holds true so nothing to complain about. As bitcoin halving happens every 4 year cycle, and as it is the catalyst for a a bull run, then for now we can conclude that after the halving in 2024, we might see another massive bull run. So this is the time to buy more and wait and hold.

asriloni

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

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

4 year cycle was a real thing. I can't say if this is proacted the bearish trend but it's a bit different compared with what happened in 2018 - 2020. I know that if people are feeling frustated caused by the bearish market but they were not even making the right point about this.
This time the bearish market is also being supported by the very bad global condition where the inflation is happening everywhere. The war is still continue and various virus that was coming.
The fundamental of market is also following the fundamental of global. Everything gets even expensive.

AmoreJaz

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Quote from: Yogee on June 02, 2022, 06:59:45 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.

Yogee

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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.

Xal0lex

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The bear cycle began last year and is now in its most active phase, even the Winklevos brothers are downsizing because of crypto winter. Now most analysts have other questions, namely when will crypto winter end and how much more can prices fall? Bears have been reigning in the market for a month now, and it is felt in volatility, demand, and the number of new projects.

ryzaadit

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Yes, could be because we learn from basic history.

Basic crypto-movement, after we reach new ATH. The market will go down around -75% to -85% counted from All-time high price. It's already been proved by 4 cycle and we moving to next ATH each time there has some new halving bitcoin.

The next halving bitcoin in 2024, based on the bearish from 4 cycles the good entry during bearish in around 12,000-15,000$/BTC. Then, try to long term with estiamtion target around 15-20x.

Coronama

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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?

Topic: Crypto Market 2022 | Back to the Bearish cycle: 2018-2020 year? - page 2. (Read 236 times)