Topic: Crypto market will pump soon? (Read 576 times)

in the crypto market, I think that to maximize profits, we really have to be able to take advantage of the moment so that it has different behavior in each season, currently it is clearly a bearish market so we have to be able to take advantage of investing, so that during the bullish season we will get the appropriate profit. with pre-existing hopes and targets, even though no one actually knows when the bullish season will come

recovery will definitely happen, but not this year (in my opinion), because this year is the time for us to do DCA cryptocurrency that we want to invest and hold, so don't let us miss this opportunity to invest in cryptocurrency, so we can get a big profits in the future, because I believe 2024 or 2025 is the time for a bullrun to occur, so we need to take advantage of the current market conditions (corrections) to invest and hold cryptocurrency that we want to invest.

Will pump but that may take long time to happened cause there's no clear indications of upcoming bull market which is bull run is still away from us. So many dump might be occurred but don't lose hope cause  if we notice the current circumstances, it a bear market, but beside that, crypto market giving chance to buy good coins and hold. Although we may see late bull market as there's no time limitation

quite contrary with many beliefs i think the halving will have little impact, the rumour will have many impact but it will become the marks of accumulation by many where it will go slowly increasing from there and then  finally make some massive increase along the way when suddenly all the market become bullish, it has always been like that seeing from the chart thats the most recent bullrun but in the past halving does indeed bring many changes I guess its still uncertain.

my prediction is that the market will pump in 2024 during Bitcoin halving, because every Bitcoin halving the market price will pump, therefore you should not miss the current opportunity to get a big profits from investing in Bitcoin or altcoin, because I am sure that in 2024 the market will start pumping and will create a new ATH price, so we will get a lot of profit from investing in Bitcoin and altcoin right now.

I think, we are going to experience bullish market before the end of this year for those that invested in crypto to have something meaningful to earn from their investment that will give them hope of investing in that particular coins in the market. Since we have been facing bearish season from the beginning of last year till now, show that bullish season will be long like a year or months before it will dump again for investors to use the opportunity to buy and hold. I don't think, there will be another dump that will make the price of Bitcoin to decrease more than $25,000, because there are some signs in the market that is giving investors hope that there will be recovery soon.

Without a doubt ignoring the noise is difficult especially during times of great uncertainty, but it has to be done, otherwise we will become subject to be manipulated and act based on FOMO or FUD, and neither of those two attitudes are the correct way to face the market.

We need to be aware that other investors want their competitors to make mistakes, as it is the only way they can make money, and they are not above trying to incite all kind of chaos in order to make sure this happens.

It's hard to guess what's gonna happen with the crypto market. Everything is still stuck at the same place this time. Bitcoin was also feeling so hard in surpassing 31k sub. It's going up and down again after the hype has gone.
There have been also many bad news came to the crypto community like FTX will be liquidating a lot of crypto to pay its creditors. The relationship between crypto market and interest rate is not so strong.
The pump in crypto can happen anytime without even following the condition of interest rate. The FED is still trying to consider whether they need to increase it even more.
Bitcoin still stuck at the same place for some time. Some people were predicting bitcoin would moon but i just wanna wait for another halving to be done.

My prediction is that there will be a downturn until mid-2024, both for Bitcoin and altcoins. When the economy is down and the interest rates are rather high, like it is in most countries worldwide - people will be selling off some of their crypto holdings and that will put pressure on the prices. I don't think there will be a crypto market pump before the interest rates starts to be lowered at least 1-2 times in some major markets like the U.S and EU.

That is a tough thing to do when there is only those noises everywhere and all that. But that doesn't mean that you have to listen to them, you can definitely make sure that you are hearing only the good ones and that way you could avoid it as much as you can.

The loud noises are an issue and the louder it gets the harder it is to ignore them. Sometimes when you see everyone talk about the same thing, you are going to end up with a lot of hard time ignoring them. However, it is not the numbers that make a group right, just because they are crowded doesn't mean they are right, it just means that a wrong thing was more popular that day. So, you keep yourself together and try to avoid them as long as you possibly can.

Anyone that is interested on becoming an investor or a trader needs to learn how to tune out all the noise they are going to hear on social media and those signal groups, and this is because if we were to believe everything we hear there then the market will be pumping and dumping all the time.

And since that is not the case then it is easy to conclude that despite the extreme volatility of the market people want an even greater level of volatility, but since the market is not going to move according to our wishes and reading those signals will only make us uneasy about our strategy then it is better to learn how to ignore them.

Where did you get that news? And I think their battle against SEC are already over, and they are victorious about it. For sure they celebrate it and their community, which is why we saw a pump in their price last time. Unfortunately they lost their hype few moments later.

Some says they trigger the mini alt season last time as other altcoins and tokens are also increasing, but the true alt season will only be triggered by Bitcoin and it may occur next year, few moments after the halving event. As for this month of September, I don't expect that something big will come because we also start the month poorly. Maybe next month rather, since it is the beginning of the last quarter or we are now rather at the last quarter.

The fact is that nobody knows what will happen next and I don't listen to those signal groups as well.
As I have faith in that market, therefore, I believe that the pump will be next but it doesn't mean that right away. Of course, recovery will take time so we need to extend our patience and remain holding. But the best thing to do for now is to accumulate as we have given more time to do it before the so-called Bull Run occurs. Actually, this is really how the crypto market looks like, it pumps yesterday and dumps today, and vice versa...

Maybe it's impossible but no one knows the truth because we can only speculate.
Hopefully, at the end of the year, there will be fresh air for the crypto market so that even though we haven't been able to get a long rally to its final ATH, the prices of these coins can increase to take temporary profits.
Many possibilities could happen between the end of this year, next year, or in two years, especially since the bitcoin halving will occur next year.
But usually, after the halving, the price of Bitcoin may not rise yet and will still make adjustments for a while.
Yes, we can only try to collect more bitcoins than altcoins, but there's nothing wrong if we also want to increase the number of altcoins.

XRP has been showing some positive signs if the club is likely winning the battle against sec. XRP communities are now urging coinbase to relist the coin back again after it has been delisted due to the case against SEC. Let's see what decision will be taking by coinbase. It's likely the exchange site is waiting for the end of case between SEC vs XRP.

I expect nothing from XRP before it will be winning the case against SEC. Grayscale was winning the case against SEC.

That could be positive sign for the whole of crypto.

https://nypost.com/2023/08/29/grayscale-wins-lawsuit-against-sec-as-court-paves-way-for-bitcoin-etf/

end of year pumping is kinda impossible from my point of view, because currently there has been no sign of it but i'm sure that things could magically change though i will always have my firm believe that the bullrun will come in the future, and to be exact it would be in either 2024 or 2025 no one knows for sure but surely current trend of bearish wouldn't last forever right?
i just think that around that year is the most logical year for a bullish to come in but in all honesty, things like bullrun always come so suddenly same with bearish, it just happened in a blink of an eye and the market already changing, so i would always accumulate from now just in case, after all, we don't know for sure when exactly things would change.

xrp will doing party at september  29, for what dunno, maybe celebration altseason coming season 2 if they win sec battle and btc should give some boost after clear some muddy situation
on u.s regulation  , hope something good coming this month

Seeing recovery soon? When do you think that will happen?
I don't think it will happen soon in the current market situation, especially since no one knows when it will happen.
We can only hope that it will happen at the end of the year without knowing whether it will come true or whether we still have to wait until next year.
But we may see a few more dumps in the market as the bitcoin price is also not showing signs of increasing much.
So we should remain patient and not panic. That's the key.

Despite the current situation of the market but still it never looks bad, not at all. Corrections come as soon as possible without the specific time and also its recovery. Trust really matters to us investors but if we are doubtful, disappointment and regrets will certainly appear on our mind.
But at some point, if we are able to understand how investment works, we could say that this is the absolute time for accumulation and we have given an ample time to do it which I think we don't have to missed again before the bull season come.

TA is astrology for men. IMO it's better to do staking, bounties, airdrops etc. rather than trying to predict the market and trade against AI bots. But if you think you are a fortune teller and can outsmart AI, then by all means, try your luck. Some cryptos have good staking rewards, like NEAR 11%, Q Blockchain 13% and ICP 18%. In fact, Q has an incentive campaign starting this month.

indeed the use of charts leads to long future analysis to anticipate things, it is also not easy to compile altcoin market charts and it is not 100% full. News also impacts the altcoin market. and what is certain is that the crypto world still has a long way to go and be an investor buying cheap prices on the altcoin market for a good future.

SOON? i think it is not possible as this year is the last before halving
in which many speculate that bull will also come and yes dumping will follow more before it happens.
so i was thinking that the Pump will maybe temporary if we will have one , and yes surely it will followed with dumping not unless we reached march net year or till at least july.

These ups and downs occur occasionally in the cryptocurrency market. It is normal. It does not mean that it will pump too soon. I think these hyperness are in the beginning of a trader. But do not fall into the trap of seeing these signals of the market. I myself have fallen into the trap many times while investing in these signals. In this situation, I would say to keep the market under observation and if you want to make a long-term investment, then you can invest periodically in other top level alternative points including Bitcoin.

Actually the graphs is a pictorial representation of human emotions, news, political development and what you mentioned as the driving force of the market.

If you know how to read the graphic analysis (technical analysis) you could somehow predict market major moves, although not with 100% accuracy as nothing is sure. While technical analysis has it's advantages, it is not immune to weaknesses but then, it can give us a good idea of where the market could possibly be heading to over a time period.

So that what I want doesn't happen in the crypto market for me with short term investments, to reduce the impact of negative effects even if it doesn't run 100% smoothly is more comfortable.
The halving is indeed close, but I don't know whether it will repeat the same thing in previous history or, on the contrary, big investors are more observant in their buying and selling strategies. Bitcoin's big peak is likely to be in 2025

when the bear market is running, the bullish market will come, rain, there will definitely be a rainbow, in my opinion there will be a time when the market really recovers, don't panic, my friends, I believe that Bitcoin is the money of the future because inflation and others will eat up our fiat, trust me, stay positive, stay positive. and do research because so that our knowledge of cryptocurrency is not left behind and don't be fomo about and easily believe in fuds that exist on social media about cryptocurrencies, let's wait together for the bitcoin halving

Bitcoin is basically what you are talking about because no cryptocurrency apart from that can give you a strong mentality or enough confidence that your money is safe even when the market crashes severely, and the reason behind that is the history it carries which shows that it has always recovered its price and even went higher after every time it crashed. So, when someone makes an investment in Bitcoin, they can rest assured and not panic about the dips.

However, when someone invests in an altcoin and sees its price dropping significantly, that might be something to be worried about because altcoins are not like Bitcoin which can eventually go back up and recover the actual price where they were bought, some of them might do but not all of them have those characteristics.

That's true, there is really nothing that we can do which would make this any easier for any of us. It is a tough job and we need to realize that we are going to trade something that will be a bit risky and we may not make as much money as we think or want. It is going to be tough to check the data and the indicators and the news all at once, it is going to take some time and because it takes time, sometimes it becomes old news by the time you finish it.

This is why you need to be quick, and you need to be careful. Trading is a tough thing, but I believe that it will go up soon enough, it should be making some profit soon enough that will make it go up and stay there. The halving is coming, we need to be careful.

Graphic analysis alone is not enough, big investors must look around the world's news. As is now happening, several Chinese banks have gone bankrupt. it could be that the altcoin market will flush because of this effect and will cause economic inflation to rise, it could be investor speculation to secure their money to survive the price dump if that happens

Those who today expect a price reduction to 20 thousand dollars in order to buy Bitcoin for their entire deposit will expect an even greater price reduction when the price drops to 20k. And as a result, the market turns around and the price starts to increase again, because the market usually always goes against the crowd.

Depending on the time frame, the analysis can change massively. Small dumps or pumps wouldn't affect the long term analysis but massive dumps may be affected depending if the long term chart pattern where destroyed. Long term chart pattern in my experience don't break much often because of the anticipation of traders and for me it's the one I like following on.

Just always prepare on what might happen, there are anticipations that didn't realize but it is better to have a chart to follow on compared to assume and do blind anticipation.

The opinion of analysts can change quickly depending on which way the price of Bitcoin will move. If the price of Bitcoin drops to $ 20,000, then everyone will forget about the bull market at the same time and will expect a further decline in BTC and other altcoins.

as usual big investors play the role of market volume, because the bull run time has not yet come the altcoin market is easily flushed. but after entering the bull season phase negative news or big FUD will not be affected to the market. we can only speculate on the analysts wishing the altcoin market a speedy recovery with significant returns to come. now is the best time to prepare

more like the market is giving time for people to accumulate, history sometimes repeats itself, we've seen how many people are not accumulating back when in bullish and regrets their decision, when they are given the opportunity to accumulate which is bearish, they are too afraid, then in the future bullrun will comes again and they will regrets again.
currently the cryptocurrency market will probably see bearish for a long time into the future, doesn't mean it will lasts forever, even if bearish is long, the one that accumulates could always be patient if they are truly trying to invests.
after all cryptocurrency cycle is always repeated and it seems bullish is rather obvious but definitely not near, maybe after next year.

Don't think bad about it as it was expected to come after halving. But if you are thinking about this year, you will only be disappointed.
But I have to encourage of not to think about it because the more it appears in your mind, the more you'll lose your focus and make decisions badly. The market pumps like before but if you are too impatient, I'm not going to wonder why you will still miss it. The market is full of tests for us - attitudes, behavior, trust, and most of all, it tests us on how to see positivity while the market is in crisis.

For short time, there shouldn't really be some expectation because you'll never know what it is about to come. There's a lot to come to Bitcoin but more of it on next year. And that is because of the halving that will take place around April of 2024.

And choose the assets that you want to hold for the long term. Not all of them are significantly going to grow but many of them can be a way to make yourself profitable with them.

We're still on the $25k - $26k, and yes, we're not sure how long the price of Bitcoin can hold with that whether we fall below $25k (but I didn't think about reaching $20k) or have a pump over $26k and continue to rally. Now, it was really hard to speculate as to what would happen next but must prepare for the sideways movement of the market and most of all, must prepare to buy when the price rolled down more.
I would say that there is no clear direction for Bitcoin but I believe that during BER months the price went high as has also happened in the past years.

I think we are still a long way away from a full force bull market.  On top of the world wide economy looking like its gonna slide backwards, and the halvening coming soon we still are a ways off.  Ypu might see some mini pumps in the meantime but those will all be short lived.  I personally think bitcoin might touch 20k again before we start seeing 100k figures.

Keep in the positive mindset for bitcoin recovering to higher price always we faced fact with bitcoin price keep stable in lower price almost a month, during few months later in this year seems bitcoin can't expected for raising to higher price because many time bad news and FUD coming every where, difficult to make investor keep believing with bitcoin in short time back to higher price and seems next year when halving close is opportunity for bitcoin back to the top price.

Need patience for few months left this year waiting bitcoin still stable in lower price, I don't huge expected with bitcoin in short time success break out to higher price.

some cryptocurrency investors say "don't keep everything in one basket" that's quite true, because currently there are quite a lot of altcoins that are potentially bullish when bitcoin finishes bullish, I still recommend everyone to invest in 3 or 4 altcoins (besides bitcoin) because the altcoin market will be bullish (however, as much as possible, avoid meme tokens whose price increases are based solely on hype) and you can make profits apart from being bullish on bitcoin.

Its fluctuations are not strange to those who have known it for a while. It is both an opportunity and a risk for all of us long-term investing in this market I think carries less risk, it is enough for any new entrant who has experience with volatility to draw useful lessons for himself. The current context has fluctuations to find short-term trends in the coming time. I also believe that by 2024, positive signals will help crypto grow.

When we decide to invest in cryptocurrency, of course the main thing we need to apply is to try to think positively about its development.  so this will give you a strong mentality even if the price is not in good condition.  keep holding the ownership of the assets that we have until we get a profit when we sell them back

Thinking about recovery, it is always there as long as you have positivity in mind. If we are aware of the previous years and even last year, we can think that there is recovery after the storm. Honestly, we can't just see the market is on the bearish side but we can see it on the bullish side which we can witness it every 4 years. Some people haven't experienced it yet but just like me, I was in that situation 2 times already, I could say that it dumps but rises again. We only have to be patient but certainly, it comes, we don't just lose our hopes.

Only noobs are the ones who would really be doing such act on which its never been that worth if we do speak about selling on loss specially on a bear market and if something you do hold like bitcoin and some top altcoins in the market on your bag then there's no point on doing that. You cant really be able to easily be breakeven on whatever losses that incur on doing such act or decision. This is why it would be always that recommended that you should really be that mindful and be wise on what are the actions you would be making. A market would be always composed with losing and winning situation or simply because of those upward and downward movement in price.

On the time that it would really be making out some price movement then as a trader or investor then it would really be just that so normal that you would really be needing to act accordingly whether you would
be holding your position or would really be selling out on the time that you do see some greens or profits on your portfolio. It is really just that market conditions couldnt  really be just having that one movement
or path to take on which it would really be just that normal that you would really be needing to act wisely so that you would really be able to utilize on what are the things on your front.

The Bitcoin ETF hype is a net positive. It shows conventional finance is knocking on its doors, creating marketing and bolstering its legitimacy.
Just DCA, don’t leverage, and follow the money.
Just in time for halving, Then...Boom

There is always someone who knows something we don't

Holding all throughout the bear market and selling at this point will definitely be foolish if one does that. Patience is all you need at this point. The market might be a bit down but it's nothing more than an opportunity to buy more if you can afford to do that, and if you can't afford to do that, you should at least keep holding your current assets so that you can get the profits that you have been wishing for and don't get deprived of it after reaching so close.

Even if the market doesn't enter the bull run in 2024, we will at least see the market gaining some momentum for the bull run by then which will make investors gain more confidence that the bull run is near, and the actual bull run might start in the end of 2024 or the starting of 2025.

no one knows for sure whether the market will recover soon or not, but in the future, there is a big possibility that the market will recover soon. considering that the halving is imminent, it is likely that the crypto market will also recover, however we don't know what will happen in the near future.
The advice I have is, we need to focus on owning large amounts of the crypto assets we are currently targeting. When the market starts to recover, I think opportunities like today where some popular crypto prices are still affordable will be difficult to find.

This could be the beginning of the recovery but still there’s a threat from the resistance level.
What I’m seeing right now is the opportunity to buy a cheaper coins, as we are about to end the ghost month I’m expecting a recovery in September and in the last quarter of 2023. We still have the time to buy and accumulate, so don’t miss this chance again.

Yeah. We can't be like this forever but in any financial markets, there will always be a time for a recovery or for a bull run, other than a bear market. It's only not the time yet but many are speculating that the bull run will come during the Bitcoin halving event and that is next year or in the beginning of the second quarter (to be exact).

If you always wanted to have a Bitcoin or has a plan to become one of the investor's but fail to do so, then you might feel a regret. While for those who are speculating freely, they won't be affected. The profit can depend on the amount that we invest so I won't say that we or all of us, can get a big profit.

it has been called thousand times , and being a topic for so many thread about when or how much but none can accurately tell.
crypto prices will always depend on how the support from the community happens , meaning how much invstors will lay on it, and how much they will manage to keep the holding.

you are looking for 50k breaking ? when the last halving brings bitcoin the ATH of 68 thousand dollars?
actually what people are looking to see is the 100k breaking and that is what the net halving near to bring .
wondering how much will be the effect of this in altcoins like those whom you mentioned?

Halving no doubt is much awaited event by the crypto community and there are affirm chances that price of Bitcoin will jump high once we have halving. So far all halving have given positive push to Bitcoin and same is expected by next halving. Eth, ADA MATIC and XRP may be good project but there limitation is that they cant move on there own and need Bitcoin to move up. So its better to keep major portion of your portfolio in Bitcoin.

By soon, what is the period that we can consider , is it a day, a week, a month, a year, or more, if you mean a period of a week to 3 months, then we are still at the bottom of an upward level, and the trend may return to $21,000 to $25,000 until the end of the year, but The opposite may happen, and we will reach peaks exceeding $32,000, opening the way for new peaks, reaching $50,000.
Therefore, the next month is crucial in knowing the direction of the price towards the end of the year. If we continue at levels above 25 thousand dollars, it may be the beginning of the rise, otherwise the correction is coming.

when you said soon , when was that specifically? net week? next month? or net year?

because if this is going to be next week then we are not sure, if it is next month? again semi impossible .

But if you are aiming for next year? then maybe that is surely to happen , but if we can wait of course?

Yes, recovery season is very close to holders which it will soon happen any moment from next month because the red light has changed to green light few hours ago in the market, which is a sign that bullish market is about to start for long and short holders to experience positive results from their investment. Since crypto holders has experienced a lot of dump this year that made them not to achieve something favourable from their investment, because the market price is too low for them to achieve what they want than to continue holding till the price hit higher to their satisfaction before they can sell to make a good profits. If you can endure in this bearish market to continue holding your coins, I think you will be part of those that will rejoice when the price of Bitcoin reach $50,000 soon.

the season is the crucial part , because according to the past market movement and looking at the Graphs

https://coinmarketcap.com/currencies/bitcoin/

Bitcoin mostly experienced dumping when the 4 cycle is coming and those are what we have seen from the beginning.

and those are the days called Halving season .

so expect many of these mate and try to understand and keep accumulating .

It's been normal how the bitcoin and other cryptocurrency prices have operated for the past few weeks now, it's not a new thing to see the dumping and pumping of the prices at the same time. As we all know, how the bitcoin price and other cryptocurrencies work is unpredictable,  we can’t predict whether there will be another dump before it rises or whether it will start pumping from where it is now. But just take into consideration that the price normally dumps before it starts rising, and you can see that once the bitcoin price goes down, you will see other coins follow too, so I don’t think anyone will tell you what will happen next in the market.

Most investors expect that by the moment of the next halving, the bitcoin price will reach its ATH. But when this growth in the price of BTC will begin, no one can accurately predict. Therefore, you should use every BTC price reduction in order to buy more coins into your wallet.

The demand for the bitcoin was increasing daily, many new people joining the crypto trading.The important factor is hold your valuable bitcoin, because 2024 will be the next expected halves.So the price of bitcoin will cross the 50k mark in 2024,patience is the key to get more profit from the bitcoin.Many good project was their like bitcoin such as ETH, ADA, MATIC, XRP.This are good project other then bitcoin now.If you have some unused dollars, hold that dollar in the crypto currency.The crypto currency will return you some good profit.

Looking at the market trend it looks like we might not see massive pump anytime sooner but again anything can happen, usually last quarter of the year are the one when we have seen bull runs. This time it's little different as as Bitcoin has dumped hard and usually it will regain value gradually before any pump and then we have bull traps as well. Market will indeed recover and bull runs and bear market will keep happening but many altcoins will die between bearish market and bull run. It's better to monitor Bitcoin closely.

Analyzing it is really stupid because we cannot explain the uncertain time. Moreover we can change positions in the crypto market by investing billions of dollars. However take advantage of the dump opportunity and buy the best coins that will be profitable for you. Do your research and you will find out that almost all the best coins are currently low in price so this is a golden opportunity for you.

The recovery is still possible to happen, but it's not with the big pump. It's likely we must wait until bitcoin will have done another halving before we will able to see another huge pump to come for bitcoin. The same scenario happened last year once people were massively talking about the big pump after bitcoin was only getting slightly recovery from the bottom price. It's very boring to see people are always talking about "wen pump, wen pump". I guess if the price of bitcoin will be stagnant.
I expect the price of bitcoin to go back again to the 30k but this will not happen in a short time. Space x has been deciding to leave from crypto by selling its bitcoin asset. The market was greatly affecting by the decision from space x.
The strategy is to hold off until a major investor with considerable capital decides to pour their money into the bitcoin market. It's unlikely to happen in a short time, but there was a miracle. No pump soon.
I expect it to happen next years but not this year. 

I don't think the market is likely to dump ahead.  Price ups and downs are a common cycle in the crypto industry. I think we will soon enter the bull run season. If we look at the current situation, it is clear whether there will be some pump in the market in the future. Because Bitcoin price changes are some clear indications of a bull market.  And a bull run is more likely towards the end of the year.  But those who want to invest still have an opportunity to buy good coins. Until 2023 the market may remain in this situation but in 2024 we will definitely see a positive change in the market.

of course the crypto market will pump soon (my prediction is 2024 at the time of Bitcoin halving), so don't just watch and regret it when the bullrun comes, because you don't take advantage of the current situation to invest in cryptocurrency, that's why I suggest you to buy and hold cryptocurrency that you want to invest, because soon (2024) the bullrun will come, so you will get a big profit from investing in cryptocurrency at this time.

I won't expect for the market to pump this year because we are still in bear market and that's the same reason why that we can buy more due to discounted price as bitcoin this week fell drastically. So, it may have small tractions, but it doesn't affect the movement of the crypto market for sure.  We should expect the huge pump next year because of the halving and the cycle of bull market.

It’s still summer. Most likely most of September will be the same. The volume needs to come back. Right now we got no liquidity pretty much and hence why we get these large wicks on many timeframes.

Everyone is waiting and see what the result of the etf will be. If approved then we will really most likely. However it can take months for this result to come out. Many think it will be approved by year end or early next year.

It is very early to say that the crypto market is recovering. At the moment the price gradually decreasing, and the chances are that it will decrease further in the coming months. We might see a sudden sharp dump in a couple of weeks. The market will probably recover in 2024 after BTC halving.  

There's no recovery at all for me, because what we experienced recently is just a correction, just remember how fast we go above $30,000 after we back $20,000 this year.
So for me, the recent dump is a healthy price action of Bitcoin to continue it's bullish move upside.

there's certainly gonna be some effect that caused by this recent dump of bitcoin but honestly if speaking frankly we haven't seen any signs of real bullrun yet, at best the most recent events was the appearance of L2 in which having massive valuation increase but thats it, and thats not even related with bitcoin at any way.
I think we should see current circumstances first then decide whether or not the market gonna have some pump in the future.
I could only just imagine that this dump effect will be short lived and bitcoin slowly but sure making its way up until the bullrun suddenly hits like in the previous year.
but we all know that sometimes history just don't repeats itself.

Bitcoin:
It is difficult to rally so soon after a hard fall, once the initial bounce up is over. $25,000 was the low last time, so $25,700 will be the bottom this time. 

Altcoins: Yes, the ones that survived being down ~90% from their ATH will be way overdue to rally soon.

Don't get too excited with that.

The time will come that the market will recover no matter what happens and whatever is the situation for most altcoins.

You're right that we've seen a quick recovery but that's not enough as it dumps again. Just think of it that more dumps to come and you're likely to see more reds in the market. But it won't last longer as we approach to bitcoin's halving.

I just seeing bitcoin does opposite trend than what you have stated above. Bitcoin recoves but altcoin is not. How can you say that if altcoins were gradually following bitcoin while, in fact, it's only moving a bit from its bottom price?
I think that you shall try to take a look at the chart again. Altcoin is yet recovering from its bottom. It's still staying at bottom price.

Whales were dumping their bitcoin. It has been reported that spacex already dumped all of bitcoin owned by the companies. It's hard to predict caused by anything can happen int he market. The price will not be fluctuated.
It will be remain stable at the current price. You can expect nothing from the market right now.

We might not see the uptrend right now so better to focus on the current down trend which I can say is a good opportunity to fill up your holdings and buy good coins. Just try to analyze the price trend and I think we might see a cheaper market before it finally pumps. Recovery might takes time too, so make sure you plan ahead and if you do trading always gave your cut loss price. If you are a long term investor, then don’t be afraid of the dump, just buy more and keep holding until you reach your target price.

The recent bitcoin market plumb has made a lot of negative vibes within the entire cryptocurrency market even though the year 2024 was welcomed with alot of positive market recovery after the Bitcoin market suffered a long period market bearish period, but we are going into another phase of recovery since the price drop recently have placed another round of long embargo on the level of price recovery that we will witness in the incoming days, weeks and month of the year 2023 be for the most acclaimed big event booked for 2024.


I speculate that Bitcoin is going to propel other coins into another phase of market recovery, but most of the coins that will be doing multiple price increases/recoveries will be projects that are within the new projects since the recovery in most altcoins is mostly impossible unless for a few old altcoins that can do that.

It is common circle in crypto industry, a cryptocurrency will be dumped after raise up and will pumped after fall down. A month ago crypto-currencies raised up with bitcoin, that's why market dumping now as cryptos always follows mother bitcoin. And still has possibility that we'll be eyewitness of many dump ahead before bull run as Bitcoin havling is near to happened. After that, we might be big pump in Crypto industry, in my opinion as this is just a prediction

a few days ago the btc price did fall into, but indeed today the btc price started to increase, and now the btc price is in the range of $ 26669
but and I speculate that the price of btc will continue to rise because usually after a price decrease there is always a price increase. and in my opinion it could also be that the price of btc will increase and the reason is because soon there will be a btc halving in 2024.

Crypto market was going well, Bitcoin was pumping gradually and altcoins also following the path after bitcoin. But market get dumped recently. But today it shows good signs for something good to be happened. So what do you think? We are going to notice recovery soon? Or many dumps are waiting ahead?