Topic: Current status of the crypto market - page 2. (Read 570 times)
There is nothing to worry market keeps making itself go up and down by trying out new limits. This means good but it seems like people are too scared off. Be patient my friends, bitcoin is good..
We have witnessed a significant collapse in the cryptocurrency market and it shows some signs of getting recovered at the moment. Do you think that it will get stabilized somewhere around the current position or will it grow back to the full potential it has shown a few months back or even more?
Ups and downs are necessary for the market to make traders alive and working. So hopefully market will get better soon. You must notice that in this collapse there were some crypto currencies that were/are doing very well. MTC and LOC are among these crypto currencies.
I remember the very moment thatbi enter crypto,this kind of topic has been always asked thats why im immune now,and keeping strong to hold and wait for my profit
The market is still bleeding and no one knows when it will stop. Bears are the ones dominating ,bitcoin is still holding at $7000 and hoping it will bounce back to $8000, for now i leave it to the whales.
I see the current market is still in a bearish trend and is trying to move up again. from the last few hours bitcoin value has shown a pretty good increase and now bitcoin is priced at $ 7,557 and followed by ethereum for $ 573 after having increased 0.04% from the last 24 hours. litecoins and ripples are still slightly down, I think that in June we will soon see prices return to normal and green as they did a few months before.
Hello ..
I think the current market status is going on normally. About an hour ago, the market was very crowded by people person
I think the current market status is going on normally. About an hour ago, the market was very crowded by people person
These are the dark times i guess. These is where cryptomarket struggles to get on peak again. Even though it gets our investment bloody low, i would consider it as a normal drop always. Just imagine those months with consecutive ups, it still happen now but vice versa.
Everything is our perspective if you think it is negative this always maintain a downtrend. But many peoples are investing continuously because this is the right time to invest in Bitcoin all the coins are going to peak in end of the year so don't miss the chance this month also it will reach more than 9k USD is possible in Crypto market. 
It is supposed that the current crisis in Italy and the fear from Europe is making the cryptos market up today. While I think it is a possible reason, I am surprised we can see the result on the market so fast.
Where are they guys since, sleeping? Because Italy is a country in agony since long ago and Europe won't be able to help them financially
Where are they guys since, sleeping? Because Italy is a country in agony since long ago and Europe won't be able to help them financially
yes i saw that too.
and because of that we are making a breakout(i have no idea it's the real one or another fake breakout).
right now 1H candle show us a bullish sign,and we are waiting for 6H to form up another bullish sign.
again do not believe it 100% because something like this happened many times before.
We have witnessed a significant collapse in the cryptocurrency market and it shows some signs of getting recovered at the moment. Do you think that it will get stabilized somewhere around the current position or will it grow back to the full potential it has shown a few months back or even more?
The current status of the crypto market favors the people to invest now because the current market price of Bitcoin is low and investment is this case is affordable and achievable for an ordinary person, investors of good capital can invest easily anywhere and anytime but besides a rich investor Bitcoin provides a favorable market for ordinary people to invest in a low market and to get coins in large quantity. We have witnessed a significant collapse in the cryptocurrency market and it shows some signs of getting recovered at the moment. Do you think that it will get stabilized somewhere around the current position or will it grow back to the full potential it has shown a few months back or even more?
Bitcoin did have dramatic fall from $20k to $6k. There were actually some small pumps along the way, but no major trend changes since resistance at $10k is just too great.
I don't think that we're showing signs of recovery right now, or at least just yet.
It's very likely that we're going to be in an overall sluggish market for at least a few more months. Of course, we are going to consolidate before the recovery happens. And I don't think that the current level of $7k-8k per BTC is necessarily the lowest point we're going to hit within this bear market, before the recovery comes underway.
So I'm going to say, to the best of my knowledge and even though I'm a long term bitcoin bull, prices are going to continue to move sideways or potentially a bit downwards for at least until December this year.
These are the dark times i guess. These is where cryptomarket struggles to get on peak again. Even though it gets our investment bloody low, i would consider it as a normal drop always. Just imagine those months with consecutive ups, it still happen now but vice versa.
I believe this is just normal in crypto that their is bloody and green marks as always. These previous months has been down in crypto but I am up to the point of holding and believing that this status is just temporary.
These are the dark times i guess. These is where cryptomarket struggles to get on peak again. Even though it gets our investment bloody low, i would consider it as a normal drop always. Just imagine those months with consecutive ups, it still happen now but vice versa.
Right now the price has been growing little by little with most of the assets being marked with the green indication. In specific I believe this will continue with the upcoming month. Hope, the month June will be a big month for Cryptocurrency this year.
I see a big bounce within one day in some altcoins and I really think if bitcoin continues to pump this way we can now see a short pump for some altcoins and yeah this can be the beggining of a great bull trend again. We should be happy to some coins can bounce after the dump, and hope that this is not a bull trap.
Right now the price has been growing little by little with most of the assets being marked with the green indication. In specific I believe this will continue with the upcoming month. Hope, the month June will be a big month for Cryptocurrency this year.
It is supposed that the current crisis in Italy and the fear from Europe is making the cryptos market up today. While I think it is a possible reason, I am surprised we can see the result on the market so fast.
Where are they guys since, sleeping? Because Italy is a country in agony since long ago and Europe won't be able to help them financially
Where are they guys since, sleeping? Because Italy is a country in agony since long ago and Europe won't be able to help them financially
yes i saw that too.
and because of that we are making a breakout(i have no idea it's the real one or another fake breakout).
right now 1H candle show us a bullish sign,and we are waiting for 6H to form up another bullish sign.
again do not believe it 100% because something like this happened many times before.
It is supposed that the current crisis in Italy and the fear from Europe is making the cryptos market up today. While I think it is a possible reason, I am surprised we can see the result on the market so fast.
Where are they guys since, sleeping? Because Italy is a country in agony since long ago and Europe won't be able to help them financially
Where are they guys since, sleeping? Because Italy is a country in agony since long ago and Europe won't be able to help them financially
This conversation is getting highly interesting. What do you see as the main forces which lead to the current downfall?
There are no signs that the price of bitcoin will bounce up in the near future. I think the bitcoin price will last only in the range of $ 7k to $ 8k long enough.
We have witnessed a significant collapse in the cryptocurrency market and it shows some signs of getting recovered at the moment. Do you think that it will get stabilized somewhere around the current position or will it grow back to the full potential it has shown a few months back or even more?
Ups and downs are necessary for the market to make traders alive and working. So hopefully market will get better soon. You must notice that in this collapse there were some crypto currencies that were/are doing very well. MTC and LOC are among these crypto currencies.
How long do you think will it take to fully recover from the current downfall? I'm referring to BTC and ETH. I know it is hard to predict but with your expertise can you predict any period of time?
OP, in my opinion the recovery will take 2 more years then the Bitcoin market will start to become bullish again, maybe shortly after the halving.
I do not have any evidence for this except Bitcoin's price history and its correlation to the halvings of the past.
I do not have any evidence for this except Bitcoin's price history and its correlation to the halvings of the past.
No way we are going bear or just sideways for that long!!I mean nothing is impossible, but the chances for that to happen are extremely low imo.
The fundamentals are way too bullish, regarding Bitcoin, and if the whales are manipulating the price, suppressing it, they can not do it for about 2 years, I doubt it. Sooner or later the pressure to go up again will be so huge, that they gotta have to let it go.
I know I might be wrong by more than 50% of the time. But that is the only way I can see Bitcoin reaching the previous high and break it.
Maybe it could also happen months before the halvening in anticipation of the pump caused by the halvening. There, less than two years. Hahaha.
Pursuer also made a good post.
OP, in my opinion the recovery will take 2 more years then the Bitcoin market will start to become bullish again, maybe shortly after the halving.
I do not have any evidence for this except Bitcoin's price history and its correlation to the halvings of the past.
I do not have any evidence for this except Bitcoin's price history and its correlation to the halvings of the past.
No way we are going bear or just sideways for that long!!I mean nothing is impossible, but the chances for that to happen are extremely low imo.
The fundamentals are way too bullish, regarding Bitcoin, and if the whales are manipulating the price, suppressing it, they can not do it for about 2 years, I doubt it. Sooner or later the pressure to go up again will be so huge, that they gotta have to let it go.
I know I might be wrong by more than 50% of the time. But that is the only way I can see Bitcoin reaching the previous high and break it.
Maybe it could also happen months before the halvening in anticipation of the pump caused by the halvening. There, less than two years. Hahaha.
Pursuer also made a good post.
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