Red crypto market today - page 11. | Bitcointalksearch.org

Valak

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Quote from: VK.point on May 29, 2021, 03:04:15 PM

What has caused the crypto market's mood to decline in recent days? I lost quite a lot in crypto trading this month. Let us discuss it with enough insight and hope that in June Susana will return to a stable green, Thank you friends.

I think all markets will return to the green, if Bitcoin experiences an increase in price. All coins are green at the same time as they follow the Bitcoin trend. Some may disagree that alt is following the Bitcoin trend, but in reality it is.

Botnake

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Quote from: enawati on June 04, 2021, 06:01:45 AM

Elon's tweet today was make crash the market again, I dont know his purpose make bad statement about Bitcoin. But his tweet just make short impact to the market and look now the market try to rebound again. I think later, Elon's tweet will be ignored by investors or traders because they feel they are being played with.

He is now dedicated to doing everything to make bitcoin dump, that's just him, knows how to manipulate the market and he is doing it effectively now. A simple tweak could tweak the market, that's just awesome, he will benefit but others will panic.

Will we see a real dip this time?

enawati

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Elon's tweet today was make crash the market again, I dont know his purpose make bad statement about Bitcoin. But his tweet just make short impact to the market and look now the market try to rebound again. I think later, Elon's tweet will be ignored by investors or traders because they feel they are being played with.

slashz9

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Quote from: husdemba on May 30, 2021, 08:19:14 AM

No asset can increase its value forever. Unfortunately, we have experienced this situation. Such a scenario would happen, but we couldn't predict when it would happen.
Despite current developments, everyone agrees that cryptocurrencies will now exist. Just a little patience is required during this period Undecided

I agree because market conditions will continue to spin and if it is indeed a market observer then he should know that this will happen, but from the reaction it doesn't seem like it, so my advice when the market goes down you should buy again because the market will recover sooner or later.

posporo

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Yes, we are having a bearish market today and that it understandable that we could get a huge loss in our crypto but only if we sell it, so it would be best to just let it be till the day that the bullish market comes and that way we could get our initial investment with profit. If you want to make a transaction now that the crypto market is red, just buy and hold it.

Kasabus

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Quote from: baigreen on June 01, 2021, 10:22:20 AM

Rumor has it again that Elon is launching the crypt into the sky. I don’t know whether it’s true or not. Therefore, I believe that the market will recover again in the near future. If I'm not mistaken they mentioned ETH and Dogs. :

Elon tweet about Dogecoin and it hyped. And now ethereum? Then it might reach new ATH again. But things like this will only be temporary as Elon will lost its control over the crypto market when Elon's followers start hating him and unfollow him.

I realized that crypto market is not yet mature enough because it can be easily affected by positive or negative news. And Elon Musk is definitely taking advantage of the market when his own hidden motive is to maximize his profits through buying from others who are in panic sell off.

baigreen

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Rumor has it again that Elon is launching the crypt into the sky. I don’t know whether it’s true or not. Therefore, I believe that the market will recover again in the near future. If I'm not mistaken they mentioned ETH and Dogs. :

2tang

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Quote from: huiji2011 on June 01, 2021, 04:05:08 AM

But today is green crypto market, but just today i think, tomorrow would be another red crypto market again, i think the Bull is over, i have already accepted it. If you look at the price action of Bitcoin, it is clear that the trend is down, see you in three years.

What if the Bitcoin trend goes up again within this month or this year? would you also say see you in three years? because it has been seen that every three years the Bullrun always appears by itself.

yazher

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Quote from: VK.point on May 29, 2021, 03:04:15 PM

What has caused the crypto market's mood to decline in recent days? I lost quite a lot in crypto trading this month. Let us discuss it with enough insight and hope that in June Susana will return to a stable green, Thank you friends.

This has happened before, I think it was the year 2018 it almost lost red until the end of that year. you guys need to prepare for the worst or take advantage of the recent situation of the market. You are the one to choose which group you want to be with. almost every year this kind of scenario happens and after that, the price will rise again and those who panic are most likely suffered because they sold their crypto assets at a time when the price was not high enough to get some income or to get back their capital.

Reatim

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Quote from: VK.point on May 29, 2021, 03:04:15 PM

What has caused the crypto market's mood to decline in recent days? I lost quite a lot in crypto trading this month. Let us discuss it with enough insight and hope that in June Susana will return to a stable green, Thank you friends.

As this post tackles i think there is enough answer to take from it

https://bitcointalksearch.org/topic/is-the-fud-starting-to-wear-off-5341221

all the answers are already there and also for me market is in the phase of hard attacks from whales .

all they want is to bring the market down so they can make tons of money again in buying from the dip.

bison

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Quote from: Gayong88 on June 01, 2021, 02:21:06 AM

Corrections in the market always occur, one of the issues presented is news that creates negative sentiment and sometimes makes market conditions very volatile, especially in the past few weeks. and today the market has shown its performance even though it is not fully as it was last April.

I am a little relieved that today's market conditions are starting to turn green, although not as beautiful as last April as you said, hopefully this is a good signal for the crypto market

huiji2011

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But today is green crypto market, but just today i think, tomorrow would be another red crypto market again, i think the Bull is over, i have already accepted it. If you look at the price action of Bitcoin, it is clear that the trend is down, see you in three years.

Vishnu.Reang

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Quote from: anatolij.shishkin on June 01, 2021, 02:00:40 AM

Yes, everything went to hell when one astronaut stopped selling TESLO for cryptocurrency) ... Well, I'm more inclined to believe that he knew the information that China is blocking cryptocurrency and there will be a deal. We are now suffering because of this.

By now, you might have understood that the news about China was pure FUD, without any truth. Every now and then, there will be FUD originating from China, which will crash the markets by 20% or 25%. The Chinese authorities have never taken a favorable stance on cryptocurrency. But from what I understand, there is some level of tolerance, because it brings valuable foreign currency and also contributes to the tax revenue. This state of suspended animation is likely to continue in the near future and I don't really expect any real changes to the cryptocurrency policy from the Chinese government.

Gayong88

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Corrections in the market always occur, one of the issues presented is news that creates negative sentiment and sometimes makes market conditions very volatile, especially in the past few weeks. and today the market has shown its performance even though it is not fully as it was last April.

anatolij.shishkin

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Quote from: VK.point on May 29, 2021, 03:04:15 PM

What has caused the crypto market's mood to decline in recent days? I lost quite a lot in crypto trading this month. Let us discuss it with enough insight and hope that in June Susana will return to a stable green, Thank you friends.

Yes, everything went to hell when one astronaut stopped selling TESLO for cryptocurrency) ... Well, I'm more inclined to believe that he knew the information that China is blocking cryptocurrency and there will be a deal. We are now suffering because of this.

calandra78

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Quote from: sedahan13 on June 01, 2021, 12:19:31 AM

In different kind of market, like stocks, forex or commodities is always consist of these different trend : uptrend, sideaway and downtrend. From my personal prediction, currently market of crypto on sideaway , and then will bounce back and keep uptrend with small correction. This sideaway is usually accumulation phase by whales. I dont know how long this accumulation will go on. Only by patiently we can make money from this market, and while waiting for that we can trade on others market like stocks or forex if we are full trader.

to be honest you misunderstand if you equate investment markets like forex and others with the crypto market.
If you study the crypto market further you will probably see how the difference is most noticeable.
nowadays there is a game of people with big capital in the crypto market. if we are a small player, we must decide to immediately follow the current market created or decide to exit the market.

sedahan13

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In different kind of market, like stocks, forex or commodities is always consist of these different trend : uptrend, sideaway and downtrend. From my personal prediction, currently market of crypto on sideaway , and then will bounce back and keep uptrend with small correction. This sideaway is usually accumulation phase by whales. I dont know how long this accumulation will go on. Only by patiently we can make money from this market, and while waiting for that we can trade on others market like stocks or forex if we are full trader.

sumant

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There are different reasons involving in this red crypto market. Some coin has gain a high in sky so investors might pull out from those coins. Every market has to be correction after a long run , But this time market has crashes to some news going around us. Might be cryptocurrency ban news from some country or don't doing regulations can create panic in investors mind and they will pull out.

lepbagong

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Quote from: apityeh71 on May 31, 2021, 12:00:54 AM

This is normal price action, the price sideaway for a few month after big dumped the market will need more times to go back bullish. Just like when the market dumped in the beginning of pandemic, after that need a few month the market to rebound. If BTC keep stay above $30k, no need to worry about small dump, because this is still support area.

it looks like the $30K price area is the determination where bitcoin can be seen in the future, if it is still above the price between $30K-$40K then we can be sure this is the price at which bitcoin is stable before moving on to another price so there is still tolerance for bitcoin to increase.

Quote from: monineklutak on May 31, 2021, 11:34:47 AM

$30k is a strong support area, and I also believe that Bitcoin will not be below $ 30k for the second time,
yes, if you look at it from a long term view, Bitcoin is still bullish, and the target can reach a new all time high of more than $ 65k,
the first target can be. at $ 70k to $ 100k, only first resistance is currently at $ 42k and will have to break this resistance to go higher

I also believe it's the same as your opinion after seeing bitcoin's correction that didn't drop below $30K.
bitcoin is preparing to jump again to get back to their last ATH price before finally making a new move with renewable ATH.
there is still a lot of time available for bitcoin because the forecast is bitcoin will rise high by the end of this year. let it gradually as you say to increase again.

Yatsan

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Well, there are certain factors that affects that market situation and those can vary depending on the situation. Sometimes or rather most of the time, bearish market happens to correct the price to be able to maintain the balance in the market. But on the recent happenings, I have noticed that market changes happens and being affected by the news circulating around just like issues that concerned many people affecting their mood of engagement on the market that somehow affects the price of the cryptocurrencies existing in the market.

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