Its mostly sideways with alot of scares and rips downwards but the actual push either up or down isnt really occurring. Hardly can I argue its positive action but its not seriously negative as it could be under such war conditions on multiple fronts like we clearly have right now, I have to say BTC is holding up better then many might have expected.
The price range of BTC itself is still no difference during this month where the price movement is from 18K+ to the price of $20K+. This means it's a similar move and not too high so no changes have occurred to BTC during this bear condition. And yes BTC does hold on to that level very well so far. I hope that in the next month there will be more investors who want to buy BTC so that there will be a bigger price movement up and not sideways like now. 
Topic: Cryptocurrency is silent why? - page 6. (Read 1242 times)
For some months, cryptocurrency is in a down falling trend which is the main cause.
We are still in bearish season so what can you expect?But this is a normal cycle of crypto, and it's a season to accumulate if you're postive the market will recover. So take this time to buy coins at cheaper price and hold for long period. Bullish season will occur again (though we cant accurately predict when) hence dont mind the current situation and be optimistic for the future.
The main cause is, it is a normal trend. We came last 2 years with a long bull run so, it is necessary for the market and bitcoin to go through this cycle.
last 2 years with a long bull run? mate the ATH/Bull running happens last year 2021 and not in 2020 because the market dumped that year as the effect of covid 19.Quote
Next years will be back again in the bull run. Regardless if the world economy will be good or bad, it is going to be better soon as what the cycles have been.
What are we expecting next year? is there something specially in 2023? because what I do believe is that the halving will happen in 2024-25 in which the expected time for bullying again?please tell me if I missed something about the cycle .
Its mostly sideways with alot of scares and rips downwards but the actual push either up or down isnt really occurring. Hardly can I argue its positive action but its not seriously negative as it could be under such war conditions on multiple fronts like we clearly have right now, I have to say BTC is holding up better then many might have expected.
For some months, cryptocurrency is in a down falling trend which is the main cause.
All the folks that jumped in while we were at the highs have started realizing they won't get rich overnight investing in shitcoins and have been leaving the building for some time now. There's less crypto talk all over social media as people who were promising to make you rich by following their lead no longer have sponsorships being thrown at them. It's not just related to crypto either. The entire global economy is slowing down and I think that's causing the 'social media bubble' of influencers getting massive paydays to deflate. I have a feeling a lot of people's favorite influencers won't be around a year from now.
A well needed market cleansing. There's still so much heavily overpriced crap in the cryptocurrency markets in general that we deserve a bigger downtrend.
Every altcoin is heavily overpriced, because their objective value based on utility is $0. The previous bear markets failed to open the eyes of investors, new shitcoins simply replaced the old ones. Who knows how long will this delusion keep going on? Maybe the myth of "good project" and "blockchain revolution" will endure for many more years.
I see no ending on this cycle, the last bear market of 2018 somewhat cleansed, but when we enter the bull run, a lot of them being born again. And now majority of them are dead, or trying to revived themselves and hopefully just be afloat till the next bull run.
And then those who just come up again? Hoping to join the ride, Lol. And again, this is going to be cyclistic. But the question is, how are investors still biting this meme and shitcoins?
Indeed needed. However one downfall really affects majority. Cant really washout those shitcoin easily especially if they are just jumping from project to project. What really needed to monitor here is the btc movement cause its decide the overall sentiment of all cryptocurrencies.
I'd say we needed a cleansing with BTC as well. While I'm obviously still long term bullish, we had a lot of delusional moonboys (as we always do) near the peak of the bull market. We need to wipe out all those crappy crypto YouTubers and influencers first as well.
Well, I'm a part of those who are waiting that there's new ATH will come. (Count me in)
True crypto enthusiasts will never look at the short-term price market chart, they always prefer on the long-term market trend.
It might be the market struggle on a recent downtrend because of many weak hands waiting to make a profit in a short period of time.
full member
Activity: 1428
Merit: 129
The first decentralized crypto betting platform
A well needed market cleansing. There's still so much heavily overpriced crap in the cryptocurrency markets in general that we deserve a bigger downtrend.
Every altcoin is heavily overpriced, because their objective value based on utility is $0. The previous bear markets failed to open the eyes of investors, new shitcoins simply replaced the old ones. Who knows how long will this delusion keep going on? Maybe the myth of "good project" and "blockchain revolution" will endure for many more years.
It is true that altcoins are overvalued for what they can offer. Bear market is necessary because to clean the market but not all altcoins are useless. Bitcoin is the birthplace of cryptocurrency, it has also faced much criticism and scorn from its traditional competitors but over time it has also proven its usefulness and real benefits to creating value today. Altcoins, they are a mess but not all useless and trash, eth is the altcoin that changed the crypto industry, thanks to which the market has evolved into what it is today, it has brought us many new things and has continuously evolved over the years. Crypto is an open market so it's very messy, which is understandable, secondly, all of this is caused by human behavior, if we all weren't greedy then the scammers won't be able to generate those shitcoins.
Economic situation of bigger countries affects the market that much, from the problem on war, supply of gas down to inflation rate and with the continues FED interest rate hike, we are dealing to many problem right now and cryptomarket is also affected by this. The market is trying to break the trend though and we are seeing a huge pump and dump trend with Bitcoin, this can be a good opportunity to make money in short. Know how to ride with this trend and you can be good, focus more on this.
We've been seeing the market tied up to the traditional market but there will be the day that it will loosen up and will become an individual market again.The world economy is playing that part and that's why like what I've seen today, after bitcoin pumped to $20k then a slash of $1k quickly came so it's back again to $19k.
But this silence that OP is talking about is better because I'm expecting just like the 2018 bear market. There have been a lot of projects that have been gone out of the market because they didn't survived and the same could go for this bear market that we are experiencing.
A well needed market cleansing. There's still so much heavily overpriced crap in the cryptocurrency markets in general that we deserve a bigger downtrend.
Every altcoin is heavily overpriced, because their objective value based on utility is $0. The previous bear markets failed to open the eyes of investors, new shitcoins simply replaced the old ones. Who knows how long will this delusion keep going on? Maybe the myth of "good project" and "blockchain revolution" will endure for many more years.
For some months, cryptocurrency is in a down falling trend which is the main cause.
I am not really sure what do you mean by this, all markets go down in value and experiment bear markets and ranging markets all the time, probably the main difference of this market is that we go through that cycle faster than other markets but the logic is the same, during the bull market investors put their money in all kind of shitcoins and useless coins as speculation is rampant at that point, so a crash becomes inevitable and then years are needed for investors to come back to the market, so what we are witnessing right now is still within the expectations of smart investors. For some months, cryptocurrency is in a down falling trend which is the main cause.
We dont know and this had always been like this and its been unpredictable since Day 1. 
Market could only have two possible paths which is to be bearish and bullish.We cant really just have a single direction which is impossible and that cant be called a market in the first place.
We've been on bearish trend for long months or years now and we cant really tell if we would be seeing some different situation until the end months of year 2022 or
we would seeing those changes in 2023.No one really knows actually this is why decisions would be made would really be having those hesitance
but well we do need to take up some risk.
For some months, cryptocurrency is in a down falling trend which is the main cause.
Economic situation of bigger countries affects the market that much, from the problem on war, supply of gas down to inflation rate and with the continues FED interest rate hike, we are dealing to many problem right now and cryptomarket is also affected by this. The market is trying to break the trend though and we are seeing a huge pump and dump trend with Bitcoin, this can be a good opportunity to make money in short. Know how to ride with this trend and you can be good, focus more on this. 
For some months, cryptocurrency is in a down falling trend which is the main cause.
this year bitcoin never experienced a valuable price, so indirectly, and it's my personal suggestion bitcoin price falling without having a good resurrection might as crisis those countries in crisis.
For some months, cryptocurrency is in a down falling trend which is the main cause.
Theirs no person can proper account while Bitcoin price is extremely down this year, because it's not what you see or what you can frame base on personal understanding while the price is down, actually in a normal circumstances bitcoin price going down 24hrs is determine by the demands and supply, and since this year bitcoin never experienced a valuable price, so indirectly, and it's my personal suggestion bitcoin price falling without have a good resurrection might as crisis those countries in crisis. For some months, cryptocurrency is in a down falling trend which is the main cause.
Many things have caused crypto prices to fall, including the global economic crisis with the high cost of world raw materials that companies can produce. World chaos with wars everywhere. But that's all the smallest part in the influence on the price of crypto, because at its core it is currently trending down. This always happens after a bullrun with a high price. 
For some months, cryptocurrency is in a down falling trend which is the main cause.
old players in bitcoin still adhere to the belief about the 4 year cycle, you can look for my thread here to see how the 4 year cycle works Bitcoin Prediction 2020 - 2021 , that's how it works, because right now the market is bearish and waiting for another bull market in 2024 , for those who believe in the cycle while I don't anymore
This is a bearish phase of the market, after which a bullish phase is sure to begin. These cycles repeat regularly, if you look at the bitcoin chart you will see this. No matter what news or events affect it, the result will always be the same - the trend will change and no one will care why bitcoin has been falling for such a long time. Then, when most people buy bitcoin at a high price, the market will deflate and the bearish season will start again, just like now. Patient people make a lot of money on such fluctuations.
For some months, cryptocurrency is in a down falling trend which is the main cause.
old players in bitcoin still adhere to the belief about the 4 year cycle, you can look for my thread here to see how the 4 year cycle works Bitcoin Prediction 2020 - 2021 , that's how it works, because right now the market is bearish and waiting for another bull market in 2024 , for those who believe in the cycle while I don't anymore hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Even if the cryptocurrency is in a downtrend, it doesn't matter because later, the cryptocurrency will start to increase and when it starts to happen, we will get huge profits like before. And now, the bitcoin price has started to increase by returning to the $20k price and hopefully, the price can continue to increase and reach new ATH again. But we have to be patient because it can't all be back in a short time and there must be stages that should pass. This is a good time to buy bitcoin because the price is still below the bottom and we can also try to profit from trading.
Jump to: