Scenario of the crypto market in near future.

kawetsriyanto

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Quote from: Shikha99 on May 21, 2021, 02:23:50 AM

1. About the news: there will be continuous negative news when bears are dominating;

Yeah, there will be, as usual, the FUD will be always existing even it is in the bullish or bearish market. the FUD badly will probably come from the big countries that will give big influence to the crypto. And then many people believe and triggered to panic sell.

Quote from: Shikha99 on May 21, 2021, 02:23:50 AM

. About the recovery: in the worst case scenario, BTC will retrace to $58-60K and altcoins pumped quickly to reach a x10 index against BTC;

This is the altcoin season. I remembered when the week should be the altcoin season but it was lost because of the FUD, big FUD from everywhere, driving people to panic, and then like right now, the market dropped more than 50%. And yeah, BTC may still go up again although here is the altcoin season later.

darewaller

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You are right that there are more negative news are coming about bitcoins. At the moment the price seems to have been stabilised around 30-35,000 USD. Until we reach the old ATH it could take a while. In my opinion the summer will rather be quiet and any larger price changes are going to happen in autumn or winter. Lower prices are not very likely, because who would sell his bitcoins for 20,000 or less?

People who are spreading FUD are really dumb because surely these are those guys who invested in BTC/altcoins at a higher price and then either sold for a cheap price or are waiting for the price to rise. In either case, it's pretty dumb to invest during a bull run and when it's time to buy now in the bear run, they are busy spreading fake news and FUD on twitter.

I never trust these social media self-proclaimed investors because they are nothing more than a gambling tipster who believes whatever he thinks is right and what others do is wrong. If these people are so good then why are they busy spreading negativity instead of taking advantage of the market.

Guys serious advice for newbies, please avoid all the social media discussions during bear market because everyone just talks rubbish and no matter how positive you want to be, these guys will find a way to get in your head.

fullhdpixel

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Quote from: bitzizzix on July 02, 2021, 04:27:08 PM

The right scenario for the current movement of the crypto market, especially bitcoin, is HODL.
because we will not be able to sell or buy with only a slight up and down or steady movement unless you make trades that only take small profits when there is a decline.
and significant improvement will definitely happen but not in the near future and better do Hodl scenario for the long term and be patient as the increase will surely come back.

All the year we have been wishing a time for the bitcoins to drop so that we can buy some and now when the market finally crashed we are moaning about it, classic crypto traders Undecided

I think traders have to develop some trust towards crypto before they actually trade because even right now what's lacking is the trust factor. We all know in the next 2-3 years the price will be much much higher than the ATH but still, we are afraid to buy or even HODL right now given the price is around 50% of its ATH.

If you have any good coins like Eth, BTC, Bnb, Ada, DOT, etc then I don't think you need to worry at all. People who might have stored some shit coins have to worry though.

Vaculin

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Quote from: Shikha99 on May 21, 2021, 02:23:50 AM

What do you think about the market movements in the near future? Do you still believe in this market? Are you in the group of sellers in the past few days?

To be more specific, you can never tell what will happen next, it is all uncertain. That gonna be clear to everybody and we have no chance to change it, otherwise, we are making the market being centralized.

Most of us are expecting that dumps had come after hitting the new ATH but look, we got mistaken and the market remains that strong and still bullish for how many months. It is really undertaking and the situation seems to be more unbelievable seeing the price of Bitcoin at $30k-$36k for a very long time coz I thought it will continue to drop in last week but it rallies back high.

bitzizzix

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The right scenario for the current movement of the crypto market, especially bitcoin, is HODL.
because we will not be able to sell or buy with only a slight up and down or steady movement unless you make trades that only take small profits when there is a decline.
and significant improvement will definitely happen but not in the near future and better do Hodl scenario for the long term and be patient as the increase will surely come back.

randegibran

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it can be said that crypto developments in the near future are still active, even though the price is still not stable.and we are also very confident that the crypto will be fine, indeed.as we previously predicted for price increases we must be patient for a moment.because of the situation and the current pressure is still so directed at the digital currency, only if we want money, it is enough to sell BTC or ETH

jaberwock

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Quote from: sapnu on July 02, 2021, 09:22:41 AM

I think stability is much more guaranteed in the near future know that almost all of the corrections needed to furnish bitcoin's stability is made already. Maybe there will still be dumps taking place but the time span would be much shorter compared than to what we usually experience right now. Crypto will continue to develop specially if the current news about bitcoin and El Salvador becomes successful, it will make a huge impact on crypto's place on the monetary system in the future. For now, let us be firm in our holding and believe that bitcoin will fulfill its bright future ahead.

I do not think that it will be "near" future because people think about next month when they hear "near" word, but I do believe that stability will definitely happen. I mean there is no scenario where bitcoin keeps going up and down like this forever, think about bitcoin at a price of 500k, do you really believe it would go down to 300k and go to 800k from there? Those type of moves can't happen at those prices and those prices will happen in the future.

It means we are going to end up with a good price and then we are going to end up not having so much volatility. This isn't always good, because since we do not have volatility that means we are not going to make too much profit in a short period of time like these days, it won't go from 10k to 60k type of increase, but the good part will be not losing that quickly neither so that will be beneficial.

criket

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Quote from: sapnu on July 02, 2021, 09:22:41 AM

I think stability is much more guaranteed in the near future know that almost all of the corrections needed to furnish bitcoin's stability is made already. Maybe there will still be dumps taking place but the time span would be much shorter compared than to what we usually experience right now. Crypto will continue to develop specially if the current news about bitcoin and El Salvador becomes successful, it will make a huge impact on crypto's place on the monetary system in the future. For now, let us be firm in our holding and believe that bitcoin will fulfill its bright future ahead.

or maybe the China and Mexico news continues. that would probably be bad news that makes a deeper dump happen.
we can see currently visible stability in altcoins and bitcoin in the market. The correction may happen again, but in better situations, it will surely happen gradually. but if what happens is positive news then the strengthening of the market will be seen again. never give up here. we still have hope.

isaac_clarke22

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Quote from: ?? on ??

~

Doesn't matter.
Let the news be news even if some of them are purely FUDs. Some are paid to spread such rumors and just create massive confusion in the end.
I just look at the price of Bitcoin and just see how news takes that increase/decrease but don't react according to how it was worded out cause I am not the one that panics .

sapnu

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I think stability is much more guaranteed in the near future know that almost all of the corrections needed to furnish bitcoin's stability is made already. Maybe there will still be dumps taking place but the time span would be much shorter compared than to what we usually experience right now. Crypto will continue to develop specially if the current news about bitcoin and El Salvador becomes successful, it will make a huge impact on crypto's place on the monetary system in the future. For now, let us be firm in our holding and believe that bitcoin will fulfill its bright future ahead.

clint25n

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indeed at this time the cryto world is in big trouble, we can see how the crypto world is hit by such a terrible slanted issue, and this also has a huge impact on the market price which has dropped drastically, and we hope that no more strange thing.will happen.overwrite crypto again, whatelse to add some statement that
controversial.from Elon Musk himself.also greatly affects the price crypto in the world of stock.market

Mihawk

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You are probably a big dreamer. Why would whales and specialized groups go to charity increasing BTC to 67k USD and an even more 10x increase in Altcoins? I've been here for a few years and haven't seen an Altseason in a long time. The next scenario is that the BTC will be struggling to sustain itself at these levels for a few weeks to absorb the fud that has occurred and negative news, and allow time for more people to get involved with the BTC. As for Altcoins, it's a pretty dark scenario, where something needs to be done, otherwise more coins will die or their prices will go down.

trauchot

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The cryptocurrency market cannot constantly grow since new investors will not want to invest in cryptocurrencies, since the prices of cryptocurrencies will be very high and only big players will be able to invest in cryptocurrencies, and this, as we know, is not good for big players, therefore, sometimes, the cryptocurrency market is falling very much and cryptocurrency prices may fall by 90% or even more, but the most important thing is that after the correction there will be another growth of the cryptocurrency market.

Expecto

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My scenario is like this:

- This summer goes on bearish.
- After that, the market starts waking again.
- We start witnessing a new bull market and the prices of altcoins and Bitcoin increase.
- We see new record prices before the end of the year.

desticy

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Now, by and large, there are two scenarios, flat and growth, or flat and fall, or just a fall. Some believe that we are now gathering fuel for the flight upward, but I doubt it.
The market is too overheated, now a lot of people will buy coins at "discounts", however, this was already a few years ago, after which a deep bearish trend began.

Beparanf

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Quote from: budlo on June 20, 2021, 04:53:29 AM

Last week showed well that again the important level of 42k remains unbreakable. And the support levels remain weak and, as a result, again a rollback to 35k. I don't see how bitcoin can break this trend line

Yeah. Actually if this current price movement continues, We will experience a long term bear market again since Bitcoin is now trading under the previous uptrend line which is now the resistance. Maybe some good news like ETF update and other institutional investor enter will boost the price up again.

budlo

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Last week showed well that again the important level of 42k remains unbreakable. And the support levels remain weak and, as a result, again a rollback to 35k. I don't see how bitcoin can break this trend line

Kasabus

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Quote from: budlo on June 13, 2021, 05:36:04 PM

I expect another bitcoin hike in the 25es-26k area. Later I hope for a smooth rebound to the 40-42к area. In any case, you will need to act according to the situation and not miss a good entry point.

Yes. The recent dump will not lasts for a year or two so crypto market will return to its normal condition once this is over. And this timee will always be a good entry point for those who dream to make profits and succeed in crypto investment.

Let's start filling our bags now with those affordable and cheap bitcoin and altcoins that will always have rooms for growth. Although there is no certainty in crypto but a lot of good things are waiting for us in the near future.

budlo

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I expect another bitcoin hike in the 25-26k area. Later I hope for a smooth rebound to the 40-42к area. In any case, you will need to act according to the situation and not miss a good entry point.

slaman29

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Quote from: inanilujimi on June 04, 2021, 06:12:47 AM

I will continue to trust crypto despite the bear market throughout the year. especially now that the crypto market is getting bigger and bigger in the digital world, with the current decline being an opportunity to buy back the best altcoins in order to get maximum profit. I believe the most appropriate moment when investing in crypto is when more people are selling than people are buying.

I think you really need to evaluate where you are now. People keep talking about bear market but we're still seeing Bitcoin way more than 75% up from the last ATH, so that's hardly a bear market in my eyes. When it's bear you'll know. You'll be worried sick to the stomach watching your portfolio go down, coins will die, projects will disappear. Then you'll ask yourself what you were thinking in June 2021 thinking it was a bear;)

Topic: Scenario of the crypto market in near future. (Read 839 times)