Is it now? Could this be the way up?

Bezobraznike

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Quote from: Eddyc on July 25, 2020, 12:45:37 PM

Some months have passed and we can observe a stability in the market with small increases and some corrections. For some reason the daily news is not affecting the cryptocurrency market and especially Bitcoin. Maybe at the end of the year, we may find some large-scale reaction in the market, but this is just speculation.

Eddyc anything can happen until the end of this year, even some higher rise of many crypto-currencies. Now we can be
satisfied with Bitcoin, Ethereum and many others alt-coins, they are doing quite well in the past months, and we saw some
good rises, especially with DeFi projects. If the trend continues, we will see some coins breaking their previous all times high
prices.

Eddyc

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Some months have passed and we can observe a stability in the market with small increases and some corrections. For some reason the daily news is not affecting the cryptocurrency market and especially Bitcoin. Maybe at the end of the year, we may find some large-scale reaction in the market, but this is just speculation.

Natalim

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What matters now is bitcoin survives, it doesn't need to rise in this occasion but if it will, then will be good for the crypto market as investors would certainly put their money since crypto are very attractive at this time.

Imagine, when the stock market is struggling and crypto market pumped, I can already expect what would happen, we should be in the bull run again, probably bigger than the previous, but I don't want to expect a lot on that, that's just one of the great possibilities I can imagine.

kingzpro

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Quote from: Ranie on March 19, 2020, 10:09:13 PM

The crypto market was shaken by the corona virus disease. And while the governments across the world are putting measures to contain the virus, the effect of the spread has caused panic which had rippled to affect the price of cryptos — with BTC going as low as 3.8k.
However, the market has miraculously woken up and prices are going up. There are different opinions flying; with believes that the prices could still go further down. I saw in the news that a possible cure for the virus is available.

How do you guys see the market now? Do you think the news of a possible cure has contributed to the increase in prices, and do think we are at that point where we can say; we are going up?

In most parts of the world this virus and its infection is under control now in my country also cases have gone significantly down now so everything is improving now but it has really troubled the masses financially due to 3-4 months long lockdowns and closure of businesses. Now that the traditional economic outlook worldwide looks weak i expect huge surge in crypto market in coming months as people would look for alterbative market for which crypto suits the most.

Barbut

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Quote from: SacriFries11 on July 21, 2020, 10:03:13 AM

As you can see the price of BTC is rallying almost the same price in the past months and not totally straight pump. It seems even the pandemic hits the world seriously and the cases still continue to increase day by day. The price of BTC is not that directly affected and if the vaccine will release to the public after the clinical trials. The business and economy of the countries will recover where the delay adoption of the companies over crypto currency will continue and from that price of BTC will be start again to increase.

It's not now, this is just a warming up for the future. We will have to wait for more for a big increase, this pandemic now will not affect the progress, not in the long term, and we will break 10k resistance in the next months. And still, that will not be what we are waiting for, that will be just a preparation for the next year, and it will be great if we start next year with some higher prices, over $10k.

ScamViruS

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Quote from: milewilda on July 20, 2020, 02:12:53 PM

Quote from: ScamViruS on July 20, 2020, 01:38:07 PM

Quote from: Entei on July 20, 2020, 01:18:34 PM

It has been 4 months and the market has not been affected by the consequences of the virus and this shows us how much the market is becoming increasingly solid. I believe that people are putting a little more trust in cryptocurrency and this is a way to think.

Yeah. The crypto market has been able to get out of that bad situation very quickly. The effects of the corona virus have been on the market for a limited time. But now the market is moving towards a better position. Now people are suffering a lot Financially. If big investors pump the market then retail traders have nothing to do. I believe small investors are not in a position to invest in the market now.

Actually i didnt consider that the current pandemic situation does really have an effect or does have toll in the crypto market.Yes, it do able to crash out stocks and forex but it didnt really give out bad effect on this place.
but it doesnt mean that we do have that exemption when in talks of hard crash.If this situation will took for soo long where people do need to cash out their investments including crypto then we might able to see some
possible scenarios ahead but for now its too early to say and also i dont know why people are minding that much on going up.We arent still into that situation where investors confidence is already back.
There are still hesitation for now this is why we are tanking or moving sideways.

You're right. You may know that when the majority people’s moves in one direction, the market moves in the opposite direction. This can be called a behavior of the market. Because those who control this market are no small investors. It is a bigger opportunity for them to accumulate more. Because they have no shortage of funds. I hope everyone can get out of this bad situation quickly.

Beparanf

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Quote from: Entei on July 20, 2020, 01:18:34 PM

It has been 4 months and the market has not been affected by the consequences of the virus and this shows us how much the market is becoming increasingly solid. I believe that people are putting a little more trust in cryptocurrency and this is a way to think.

It was once affected by the pandemic that it falls too low in the first few months of announcing the world of this Pandemic especially when lockdown and quarantine in different countries happens, however still many sees it as opportunity to buy and due to many getting active in trading again due to lockdown. It might keeps on rising, now that many are adopting in the new normal, and having cryptocurrency might help in many ways from easy transaction and possible investment.
It is proven before that the market is still developing seeing the price it drops during lockdown and what price it makes now, it's still rising if not it's not dropping too low again even Pandemic.

SacriFries11

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As you can see the price of BTC is rallying almost the same price in the past months and not totally straight pump. It seems even the pandemic hits the world seriously and the cases still continue to increase day by day. The price of BTC is not that directly affected and if the vaccine will release to the public after the clinical trials. The business and economy of the countries will recover where the delay adoption of the companies over crypto currency will continue and from that price of BTC will be start again to increase.

milewilda

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Quote from: ScamViruS on July 20, 2020, 01:38:07 PM

Quote from: Entei on July 20, 2020, 01:18:34 PM

It has been 4 months and the market has not been affected by the consequences of the virus and this shows us how much the market is becoming increasingly solid. I believe that people are putting a little more trust in cryptocurrency and this is a way to think.

Yeah. The crypto market has been able to get out of that bad situation very quickly. The effects of the corona virus have been on the market for a limited time. But now the market is moving towards a better position. Now people are suffering a lot Financially. If big investors pump the market then retail traders have nothing to do. I believe small investors are not in a position to invest in the market now.

Actually i didnt consider that the current pandemic situation does really have an effect or does have toll in the crypto market.Yes, it do able to crash out stocks and forex but it didnt really give out bad effect on this place.
but it doesnt mean that we do have that exemption when in talks of hard crash.If this situation will took for soo long where people do need to cash out their investments including crypto then we might able to see some
possible scenarios ahead but for now its too early to say and also i dont know why people are minding that much on going up.We arent still into that situation where investors confidence is already back.
There are still hesitation for now this is why we are tanking or moving sideways.

jacafbiz

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I don't know how long this up trend can go without the free money from Federal Government especially US Government, if this pay check payment is not renewed then I expect to see profit taking which could cause a drop of up to 30% in ALtcoin market cap. So for me it is still a 50:50 thing

ScamViruS

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Quote from: Entei on July 20, 2020, 01:18:34 PM

It has been 4 months and the market has not been affected by the consequences of the virus and this shows us how much the market is becoming increasingly solid. I believe that people are putting a little more trust in cryptocurrency and this is a way to think.

Yeah. The crypto market has been able to get out of that bad situation very quickly. The effects of the corona virus have been on the market for a limited time. But now the market is moving towards a better position. Now people are suffering a lot Financially. If big investors pump the market then retail traders have nothing to do. I believe small investors are not in a position to invest in the market now.

Entei

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It has been 4 months and the market has not been affected by the consequences of the virus and this shows us how much the market is becoming increasingly solid. I believe that people are putting a little more trust in cryptocurrency and this is a way to think.

awakpane

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In my opinion, as the corona virus spreads, indeed all countries experience bad economic impacts including the cryptocurrency, but if we realize that one of the outbreaks of the corona virus is through fiat currency, therefore I think of making bitcoin as a medium of exchange to be used incorrectly one of the best solutions besides avoiding the corona virus that currently continues to occur in almost all countries in the world.

zero714309

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I cant speculate because in this situation sometimes our TA still failed. I think we better keep follow with carefully. Be careful with FOMO,even we buy deep but dont forget to manage your our portfolio

cytpoway121

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Quote from: Ranie on March 19, 2020, 10:09:13 PM

The crypto market was shaken by the corona virus disease. And while the governments across the world are putting measures to contain the virus, the effect of the spread has caused panic which had rippled to affect the price of cryptos — with BTC going as low as 3.8k.
However, the market has miraculously woken up and prices are going up. There are different opinions flying; with believes that the prices could still go further down. I saw in the news that a possible cure for the virus is available.

How do you guys see the market now? Do you think the news of a possible cure has contributed to the increase in prices, and do think we are at that point where we can say; we are going up?

Only a few can boldly say it is now, and there are several way up in the crypto currency market.
The increase in value of crypto currency price is not a miracle, when demand is more than supply there will be increase in value definitely.

The cure, and healthiness of the world will definitely translate in the healthiness of every market, hence increase in value.

Questat

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Bitcoin rising back is not a miracle, this is usual in our market where we are just living in speculation, the volatility is here, it could dump and it could pump, what made it dump is because of the panic but right now we don't know the reason why it pump, so maybe the whales are in control again, think of that as a possibility, in addition, it could be that the vaccine of this virus has already been created and soon there will be news about that, people with inside information anticipate already the action, so they are buying, especially the whales.

ukon

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Maybe because with the news that the vaccine will be contributed, this increase could have been triggered because of this, but at a time like this it could have been dumper prices again because the community's situation is still not calm so we still need some time to stabilize.
The movement of the crypto market is really fast at this time, maybe this is the whale that is controlling so that this increase is continuously then falling again badly?

michellee

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Quote from: Ranie on March 19, 2020, 10:09:13 PM

How do you guys see the market now? Do you think the news of a possible cure has contributed to the increase in prices, and do think we are at that point where we can say; we are going up?

I see the market still moves now although we cannot predict with accurate because, with the up and down like today, the price can go to any price that we don't expect. Maybe the cure of the Corona Virus can bring a positive response at the market so that can lift the price to the higher price and the market can be recover. We are going up for now, but no one will know if this moment is right or not, and we could only wait and see what will happen later.

bgaf

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Quote from: Ranie on March 19, 2020, 10:09:13 PM

How do you guys see the market now? Do you think the news of a possible cure has contributed to the increase in prices, and do think we are at that point where we can say; we are going up?

Cure is actually made already. The only concern here is if those antidote will be effective. There is one I read about China employing a vaccine that healed some positive people and turned negative after few days. Thus this will help if they can start shipping off in every country once WHO recognized it as effective. Market seems to be okay and doing well for now, but this isnt about due to the cure. Many are anticipating a pump too due to the bitcoin halving and I assume this is it. But always expect some controversy that always cause downfall.

Byakuga

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The fact is the weak hands already sold off, surely it's because of the disease outbreak and what's left are strong supporters, since then bitcoin is stable and now it has no choice but to reckver, yes this is it

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