Topic: Is crypto winter setting in.. and how long will it last (Read 605 times)
Hard to say anything. According to analysts, crypto winters typically begin when the price of Bitcoin falls precipitously from an all-time high. And this could go on to 2-5 years. Binance CEO CZ said, “Crypto winter could last 4 years.”
I am feeling that with global markets crashing bitcoin will also show the similar trends but somewhere down the line the path of markets and bitcoin will diverge and bitcoin will show greater rebound.
Thankyou for inputs
Maybe, for now, bitcoin is falling, and we had seen it when the price dropped drastically in the last few days or weeks. That doesn't mean that the market will stay that way because the price of bitcoin is bound to bounce up and bounce back up again. At that time, people would not have thought that bitcoin could come back so quickly, especially for people who were late buying bitcoin at the lowest price a few days ago. But we don't know how long the market will be like this and can only hope it will all change soon. Thankyou for inputs
Crypto market won't stabilize until the other markets stabilize along with it. This could take years due to the Ukrainian war combined with the post-COVID lockdown spending that never really stopped until the end of 2022.
I don't see this as a bad thing. Gives you an opportunity to purchase cheaper coins. Most coins, certainly Bitcoin, will survive the market correction. There isn't a reason why BTC wouldn't rebound once the global economy picks up again. Some of the shitcoins that are currently done for will remain done for, though.
I don't see this as a bad thing. Gives you an opportunity to purchase cheaper coins. Most coins, certainly Bitcoin, will survive the market correction. There isn't a reason why BTC wouldn't rebound once the global economy picks up again. Some of the shitcoins that are currently done for will remain done for, though.
How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize
This issue is complicated since usually a crypto winter lasts between a year, more or maybe less, at this point nothing is certain we can only speculate since it is not possible to accurately study the movements of the markets, only that it be at short term. This is not something that is being seen for the first time, this has already been presented on some occasions, it was presented in 2018 and 2008 (analysts believe that it was stronger)… The only thing we can do at the moment is wait because, as I already said, It is not something that is happening for the first time and if we have already come out on top on those occasions, this will not be the meaning.
How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize
Many countries are in economic crisis now. Prices of commodities keep rising so for me it will continue until next year then bull cycle will begin again by 2024 where bitcoin halving will also happen. That is long enough to accumulate crypto to prepare for the next bull run. This is the perfect time where many people can be a millionaire on the next cycle if they start accumulating. I don't think we've hit the bottom price of this dip for bitcoin but stabilizing at the current price will be good as it's near at the ATH of 2017.
It is not just the people you named who are basically saying altcoins are useless. We all know it and we all have been saying that altcoins are useless. They have no future and the "Greater-Fool theory" is describing the situation in altcoin market very well.
But none of it has anything to do with bitcoin and what it is or isn't going to do in the future.
Since you use the term "crypto" then I have to say what is happening in the altcoin market is not a correction it is a dump and it didn't start recently to stop, it started in 2018 and has been ongoing.
What we have in bitcoin is also not a correction, it is a crash and since it is not a logical market behavior it is not possible to predict when it will stop.
I belive BTC is coming back very soon. Be patient guysBut none of it has anything to do with bitcoin and what it is or isn't going to do in the future.
How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize
It depends on what market you are talking about.Since you use the term "crypto" then I have to say what is happening in the altcoin market is not a correction it is a dump and it didn't start recently to stop, it started in 2018 and has been ongoing.
What we have in bitcoin is also not a correction, it is a crash and since it is not a logical market behavior it is not possible to predict when it will stop.
I am feeling that with global markets crashing bitcoin will also show the similar trends but somewhere down the line the path of markets and bitcoin will diverge and bitcoin will show greater rebound.
Thankyou for inputs
It is not just the people you named who are basically saying altcoins are useless. We all know it and we all have been saying that altcoins are useless. They have no future and the "Greater-Fool theory" is describing the situation in altcoin market very well.
But none of it has anything to do with bitcoin and what it is or isn't going to do in the future.
Since you use the term "crypto" then I have to say what is happening in the altcoin market is not a correction it is a dump and it didn't start recently to stop, it started in 2018 and has been ongoing.
What we have in bitcoin is also not a correction, it is a crash and since it is not a logical market behavior it is not possible to predict when it will stop.
I belive BTC is coming back very soon. Be patient guys But none of it has anything to do with bitcoin and what it is or isn't going to do in the future.
How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize
It depends on what market you are talking about.Since you use the term "crypto" then I have to say what is happening in the altcoin market is not a correction it is a dump and it didn't start recently to stop, it started in 2018 and has been ongoing.
What we have in bitcoin is also not a correction, it is a crash and since it is not a logical market behavior it is not possible to predict when it will stop.
How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize
This issue is complicated since usually a crypto winter lasts between a year, more or maybe less, at this point nothing is certain we can only speculate since it is not possible to accurately study the movements of the markets, only that it be at short term. This is not something that is being seen for the first time, this has already been presented on some occasions, it was presented in 2018 and 2008 (analysts believe that it was stronger)… The only thing we can do at the moment is wait because, as I already said, It is not something that is happening for the first time and if we have already come out on top on those occasions, this will not be the meaning.
Those billionaires that haven't taken the spotlight of the crypto market will always tell something negative to push the price down for bitcoin. You've heard that even before from them and that's why they keep on telling that it's going nowhere but in reality, they're doing their thing and stacking as much as they can.
And knowing when this winter will last, no one will say that they know when.
Because if someone tells you that, he's like us who is just speculating the market.
And knowing when this winter will last, no one will say that they know when.
Because if someone tells you that, he's like us who is just speculating the market.
How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize
Maybe it will continue until the first half of 2023 (could be shorter). BTC could go as low as $18K to $15K during that span.
At this point, anything at $10K - 15K range is a great buy (maybe the biggest discount we'll ever get). 
I think it's too early on to say how long it will last. Sometimes the price starts sharply jumping straight back up (of course, with some corrections along the way). Other times it can take 2-3 years (with some improvements along the way, which are then followed by further recessions). In any case, throughout its history, it has always recovered eventually. While that, of course, doesn't mean that it will always be this way, and the future can be unpredictable, it means there's good reason to believe that this time will be no different.
I think it'll only take a few months to see major improvements, but I can be wrong, just like anyone else. For those who have funds to spare, now is a great time to buy.
I think it'll only take a few months to see major improvements, but I can be wrong, just like anyone else. For those who have funds to spare, now is a great time to buy.
Usually, the upsetting part takes about a year, but do not be worried because we are already about 6-8 months in. Last time we were up, was in October of 2021, which means that we have been falling ever since that day, maybe we weren't under 30k for a long time, but we haven't been close to our ATH price since that date.
This is why about a year or year and a half is reasonable and we could see the price going up in under a year. By this time next year in 2023 we could be over 50k or even be over 100k and I wouldn't be shocked at all. I hope that people would be able to hold until then without getting worried about what happens, 2018 was a crypto winter too but people made so much profit from that period if they bought it in 2018 and waited until 2021.
This is why about a year or year and a half is reasonable and we could see the price going up in under a year. By this time next year in 2023 we could be over 50k or even be over 100k and I wouldn't be shocked at all. I hope that people would be able to hold until then without getting worried about what happens, 2018 was a crypto winter too but people made so much profit from that period if they bought it in 2018 and waited until 2021.
Crypto is here to stay no matter who speaks against it. May be there will be altcoins popping up here and there while some established altcoins may also die but bitcoin will stay.
It may take the end of next year to recover from the dump and until then the market will keep correcting and consolidating.
One who HODL strong will survive this fall and the rest will lose money selling at cheap prices.
It may take the end of next year to recover from the dump and until then the market will keep correcting and consolidating.
One who HODL strong will survive this fall and the rest will lose money selling at cheap prices.
Many crypto exchanges are laying off employees. Recentlycelsius recently has limited the withdrawal
Bill Gates has called Crypto, NFTs as Based on ‘Greater-Fool’ Theory
Yet many other well read people like American billionaire businessman David Rubenstein said that crypto would not go anywhere despite the ongoing market correction.
How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize
Many crypto exchanges are laying off employees. Recentlycelsius recently has limited the withdrawal
Bill Gates has called Crypto, NFTs as Based on ‘Greater-Fool’ Theory
Yet many other well read people like American billionaire businessman David Rubenstein said that crypto would not go anywhere despite the ongoing market correction.
How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize
How long will this market correction will continue and where will this stop.. and where will Bitcoin stabilize
Those are all great questions but no one has the answer. The situation doesn't look good at all, especially considering the whole global situation: we're not done yet with covid, inflations gets worse and worse, and there is a war that it's not gonna end anytime soon. This is gonna be a very difficult year.In general, I agree with you that the global situation is very complicated, constantly changing due to unpleasant surprises, and against this background it is almost impossible to make any forecasts, not to mention answers to OP's questions. There is nothing left but to observe the events and wait for the crypto winter to end.
The crypto-winter is now in its seventh month. Since December last year, bitcoin has fallen from $46,000 to its current level of just over $20,000. Ethereum during this time has fallen in price from $3,600 to $1,090 now. It is possible that, as some predict, the market will lose another ten percent. But for now, no one knows how long this bearish period will last and how low the price of our cryptocurrency can fall. However, I don't think it will last for years, as many here claim. A long crypto-winter is not beneficial to anyone. A stagnant period in terms of price is also stagnant for the profits of participants in this market.
Many crypto exchanges are laying off employees. Recentlycelsius recently has limited the withdrawal
Bill Gates has called Crypto, NFTs as Based on ‘Greater-Fool’ Theory
Yet many other well read people like American billionaire businessman David Rubenstein said that crypto would not go anywhere despite the ongoing market correction.
How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize
Crypto exchanges are offline, not some kind of an offline company that is affected by covid pandemic and as a result they will need to close or lay off their employees. Bill gates might be correct on the nft part. He is right that those who invest on nft's are fool but not cryptos, crypto investors are wise and smart because they did not choose nft. They know that it's only just another hype. Bitcoin won't ever be stabilized because is its nature to be volatile and we don't know if how long this bear can last.
I think that it is extremely difficult to make an accurate forecast now. You need to understand that the market is in a rather difficult situation and it is quite difficult to get an accurate forecast for the current situation.
How long will this market correction will continue and where will this stop.. and where will Bitcoin stabilize
Those are all great questions but no one has the answer. The situation doesn't look good at all, especially considering the whole global situation: we're not done yet with covid, inflations gets worse and worse, and there is a war that it's not gonna end anytime soon. This is gonna be a very difficult year. Jump to: