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Topic: Upcoming Market Prediction (Market heading for a great downfall) - page 2. (Read 308 times)

sr. member
Activity: 1176
Merit: 252
The price of bitcoin had reduced to 53k$ from the any time high of 60k$.So it may be reduced further.But can't rise to 60k$ again in a short period.It's better to hold your bitcoin at the moment. Because if the price reduced further, you can't handle to sell it.When the price is reduced don't forget to buy bitcoin at various less price.
hero member
Activity: 2240
Merit: 848
sr. member
Activity: 1456
Merit: 359
What comes up must go down. We all know that principle, although what we aren't sure about is when will all of it happen.

I'd like to know which stocks are greatly affected by this 'great downfall' and from which analysts were you getting all your information from. Perhaps they will be useful when I collate all the information in order to know my next move. I do agree that 2020 - 2021 has been pretty weird considering that the world is in turmoil and bitcoin is still killing it. Somewhere down the road, bitcoin will crash, and what I'm particularly interested in is when and what would be the indicators?
Bears will finally come no doubt about it, we seen a lot of big moves in the cryptocurrency market and it seems that the trend is finally ending. This bull market made a lot of people to earn huge amount of money but it is not always like this because price are also experiencing exhaustion. What happening right now is a pause and there is signals that there is now upcoming reversal that is most likely to happen. Many indicators also showing that most of the high market cap cryptocurrency are already telling us that it is already red flag. 
legendary
Activity: 3542
Merit: 1352
Cashback 15%
What comes up must go down. We all know that principle, although what we aren't sure about is when will all of it happen.

I'd like to know which stocks are greatly affected by this 'great downfall' and from which analysts were you getting all your information from. Perhaps they will be useful when I collate all the information in order to know my next move. I do agree that 2020 - 2021 has been pretty weird considering that the world is in turmoil and bitcoin is still killing it. Somewhere down the road, bitcoin will crash, and what I'm particularly interested in is when and what would be the indicators?
legendary
Activity: 2590
Merit: 1882
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The analysts are overconfident that in the immediate months ahead, some of the most prominent  along with many other rising stocks in the market is going to face a downtrend enormously. Some of the prominent stocks are going to fall by more than 92%.

Do I believe them?
Yes, I do. When you look at the market performance of 2020 and past few months of 2021, the market trend has been very erratic. It has been very difficult to predict the trend. And despite the Corona Virus wave that has almost crippled the world's economy, cryptocurrency continues to soar in upward trend, ceaselessly, although erratically.

I believe that the market cannot go on continuously upward forever but it is bound to fall. I agree with the analysts that that downtrend is very likely to happen in immediate future.

So, I suggest that you limit your investments in cryptocurrency in the near future. Unless you are sure, don't make hugh investment. I am going to hold most of my stocks in Dollars and not in cryptocurrencies until I am sure that market is starting to rise after its downfall.

Armani123 (Viketo Sumi)
At the market level, based on a stage, do you think we are experiencing the Distribution trend stage? How do you determine it? Under what parameters? I usually analyze the market with the Wyckoff theory and for the trend I do it with Elliot waves.

Sometimes I know that many follow intuition, which is not bad either, in Jesse Livermore's books he talks about intuition, many times in the market he managed to succeed going through thick and thin.

In the way he talks about world events, I capture a tone of fundamental analysis, the covid-19 has set a pattern in these times, despite the new vaccines the world has fallen into confinement again, perhaps this type of panic you may have made the correction there is now.
legendary
Activity: 3234
Merit: 5637
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The analysts are overconfident that in the immediate months ahead, some of the most prominent  along with many other rising stocks in the market is going to face a downtrend enormously. Some of the prominent stocks are going to fall by more than 92%.

Which analysts and which prominent stocks? There are various analysts and theorists who use the internet to present their ideas, but why should they be trusted if their analyses are nothing but mere speculations?

Do I believe them?
Yes, I do. When you look at the market performance of 2020 and past few months of 2021, the market trend has been very erratic. It has been very difficult to predict the trend. And despite the Corona Virus wave that has almost crippled the world's economy, cryptocurrency continues to soar in upward trend, ceaselessly, although erratically.

You may also believe that there is a Santa Claus and a tooth fairy, but that has nothing to do with reality. Don't portray a pandemic as something that has destroyed the world, nor will it destroy it in the future, things will get better this year - unless you believe in conspiracy theories that the vaccine is not really protection, but has some other purpose. If it has ever been easier to predict a trend then it is now, and even the birds on the branch know that the year after halving has always resulted in an incredible rise in the price of BTC.

I believe that the market cannot go on continuously upward forever but it is bound to fall. I agree with the analysts that that downtrend is very likely to happen in immediate future.

Well, of course the market can't go up all the time, but you're announcing a cataclysm based on nothing. What will happen, will World War III start or will we be attacked by aliens?

So, I suggest that you limit your investments in cryptocurrency in the near future. Unless you are sure, don't make hugh investment. I am going to hold most of my stocks in Dollars and not in cryptocurrencies until I am sure that market is starting to rise after its downfall.

In the same dollar that has been printed in the past year in an amount that is about 40% of what exists at all? People are looking for some kind of insurance from just such a policy of printing money, and you will keep your wealth in fiat?
legendary
Activity: 2576
Merit: 1043
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Great Downfall?? with what you are saying, it looks like the market isn't experiencing big downfalls into the past to the point that you used the word "great" with it. Cheesy

Downfalls are always happening with any market. It is only a matter of when it will happen. I don't want to spoil anybody but what I just want to say right now is just be aware in your crypto holdings. I know that the indicators are all bullish. The news are all bullish and all of the investors are bullish. What I'm trying to say is that there is a possibility that the $60,000 price "might" be the highest price Bitcoin can touch with this bull market unless there are some good news that are upcoming.

This bull run will end this year. Don't bash me its just what I'm feeling Smiley. I know that all of us are bullish but its also good to take some profits while in a bull run Smiley.
hero member
Activity: 1456
Merit: 940
🇺🇦 Glory to Ukraine!
It's obvious that current market will be bearish after sometimes. It won't be surprising for us if we remain ready for it. But when bears will take over bulls nobody can say that with certanity, it can be month or year.
We are still in bullish trend, of course, the down price will coming, during this bullish season I see we meet lots of down tren but I never see happens for a month, realistic just for a week. So even for a month never, and you say year?? Bullish season still early bro, it makes no sense to say it will be for a year

What I always like to suggest to this kind of nonsense written in OP: "Just zoom out!"  Cheesy
legendary
Activity: 1372
Merit: 2017
The OP makes his assertions without substantiating them with any links or anything from those analysts he mentions. As has happened in other cases, the OP seems like someone who has a lot of opinions about cryptocurrencies but doesn't own many. 

I'm certainly not going to listen to him. I'll just keep holding.
full member
Activity: 1119
Merit: 206
Next Generation Web3 Casino
It's obvious that current market will be bearish after sometimes. It won't be surprising for us if we remain ready for it. But when bears will take over bulls nobody can say that with certanity, it can be month or year.
We are still in bullish trend, of course, the down price will coming, during this bullish season I see we meet lots of down tren but I never see happens for a month, realistic just for a week. So even for a month never, and you say year?? Bullish season still early bro, it makes no sense to say it will be for a year
full member
Activity: 469
Merit: 101
It's obvious that current market will be bearish after sometimes. It won't be surprising for us if we remain ready for it. But when bears will take over bulls nobody can say that with certanity, it can be month or year.
newbie
Activity: 18
Merit: 5
The analysts are overconfident that in the immediate months ahead, some of the most prominent  along with many other rising stocks in the market is going to face a downtrend enormously. Some of the prominent stocks are going to fall by more than 92%.

Do I believe them?
Yes, I do. When you look at the market performance of 2020 and past few months of 2021, the market trend has been very erratic. It has been very difficult to predict the trend. And despite the Corona Virus wave that has almost crippled the world's economy, cryptocurrency continues to soar in upward trend, ceaselessly, although erratically.

I believe that the market cannot go on continuously upward forever but it is bound to fall. I agree with the analysts that that downtrend is very likely to happen in immediate future.

So, I suggest that you limit your investments in cryptocurrency in the near future. Unless you are sure, don't make hugh investment. I am going to hold most of my stocks in Dollars and not in cryptocurrencies until I am sure that market is starting to rise after its downfall.

Armani123 (Viketo Sumi)
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