Markets stabilizing or G20 bullish news?

poopbread

member

Activity: 79

Merit: 12

Quote from: Gontxi on June 04, 2018, 09:47:41 AM

the current situation can not be accurately predicted. markets tend to always have a decline correction. but there is no deep decline, rise and fall, irregular patterns and tend to be unstable.
I can only do a short trade to make a profit in a situation like this.

In fact, there is not much good news, the market is still in the red state of fluctuation, short-term transactions need to be more cautious operation.

Gontxi

sr. member

Activity: 966

Merit: 250

the current situation can not be accurately predicted. markets tend to always have a decline correction. but there is no deep decline, rise and fall, irregular patterns and tend to be unstable.
I can only do a short trade to make a profit in a situation like this.

andrey111

full member

Activity: 448

Merit: 100

The market is stabilizing or not, we will see a little later. The good news of course slowed down further decline, but against the background of other bad news, let's see what happens next.

unsquidly

member

Activity: 322

Merit: 10

can't say Market is turning bullish now until it crosses at-least 500 B which confirms new investors started joining the market. The current range of 260 B to 380 B range is just normal bouncing back and forth for last 2 months. If Marketcap stays above 450 to 500 B, then only we can confidently say it's abck.

Humpert

member

Activity: 238

Merit: 10

I believe market is beginning to stabilize because all most all currencies are over sold according to the chart it's normal to bounce off from this point.

aishyoo17

sr. member

Activity: 490

Merit: 250

Quote from: Xioma on March 19, 2018, 09:38:30 AM

Either way, it's good to finally see some green.

What do you think? Is the start for markets stabilizing finally?

The result of G20 really help specially to altcoins and I think almost all of the people waited for G20 to finish before they will put their money back in crypto making sure that they will make more this time which is going to happen quick because the market has been green for couple of days already.

chokomenia

member

Activity: 364

Merit: 10

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G-20 news is part of it, a lot of people were expecting bad news from the G-20 meeting but it turn out to be good news so it contributed to the bullish market we have seen for some days now.

douhancan58

newbie

Activity: 112

Merit: 0

The market is only one day green is beginning to fall again!

BTC may drop below $8,000 a week! ETH will fall below $500!

It's really disappointing!

Early_Waffle

full member

Activity: 294

Merit: 100

Probably it will be stabilize and going up all market after the end of this event. Japanese government do their works.

publicjud

legendary

Activity: 1120

Merit: 1003

twet.ch/inv/62d7ae96

I think that the market can't stabilize fast after such a prolonged fall. Time must wait a little more. The market will not turn around in one day. I'm confident that it will be feverish for several weeks or even months before the real growth begins.

hipi.hop

jr. member

Activity: 168

Merit: 1

I bought some coins on the bottom, just cant wait till end of summit to get my little profit from that. Thats perfectly simple.

Cocoincos

member

Activity: 700

Merit: 12

As I understand from G20 summit - crypto currencies start be more legal! also everyone knows that by Visa/Mastercard we can buy crypto currency?

KryptoKai

full member

Activity: 630

Merit: 100

It is great news and much needed! If they decided to clamp down on crypto i think it would be the start of a year long bear run. Now it should stabilise and move up next month. Typically April and May are the start of an upwards trend with the summer months being very bullish. Last few weeks to accumulate!

Inspector2580

newbie

Activity: 76

Merit: 0

The crypto world is driven by news. Every news affects it as it affects the humans who owns crypto assets.

When you as an investor hears that your project or investment will face some hurdles or obstacles, you may want to opt out to safeguard your investment hence the selling n fall in price.

cryptojohnstone

newbie

Activity: 42

Merit: 0

Short term it was bullshish however long term not.

AiwonOleh

full member

Activity: 336

Merit: 100

The market is now in such a state that it is green then red and it can change very quickly and unpredictably, so you need to watch closely the news and prepare for these drops.

zimmah

legendary

Activity: 1106

Merit: 1005

On one hand, the G20 had positive news, which influenced the growth of the market. On the other hand, the very fact of discussing cryptocurrencies at one of key international events makes additional advertising. The process has started, and large regulators can not abandon this issue already.

Nastinmel

member

Activity: 378

Merit: 10

Quote from: Xioma on March 19, 2018, 09:38:30 AM

Either way, it's good to finally see some green.

What do you think? Is the start for markets stabilizing finally?

I hope it will stabilize market after all that crashes from bad news, cause it makes me sad to see how all cryptocurrencies goind down and down again

clavirda

member

Activity: 420

Merit: 10

This is part of market, bad news kick currencies down, and either good - kick it up again. So we will see, of course i want see more green, like it goes now

3DBrushes

sr. member

Activity: 617

Merit: 253

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Can't say what's happening exactly. This might be a big bull trap or a recovery sign after G20 meeting. Both scenarios are possible because last time when BTC crossed $11600 everybody thought we are heading to the moon but unfortunately that was a whale played bull trap. So until it breaks this mark and stabilizes for a week we can call it as bullish.

Topic: Markets stabilizing or G20 bullish news? (Read 564 times)