What does the current downtrend mean for Crypto? - page 2.

rodskee

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Quote from: ? on February 03, 2025, 01:40:13 AM

I'm sure that by now everyone must have seen the state of the market, and how a lot of projects are in the red, BTC included. Question now is if this is just a pull back in attempt to go on another upward trend or if we are just about to enter a bearish trend.

during this time there are doubters many in fact and many are also trying to find the cause of the downturn yes it is quite a big of a drop but i do not think it will continue to go down i mean just now it has gone up again yes it has not yet reached $100k back again but it is still quite promising that it is not going down

i know what i would do anyway i am an investor of bitcoin for the long term so i will stick with my strategy whether this is the start of the bear cycle already or not

JamesDaniel90

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Quote from: Smack That Ace on February 03, 2025, 02:43:44 AM

Quote from: JamesDaniel90 on February 03, 2025, 01:54:11 AM

Just woke up to this news, did not expect it to get this bad Huh

All I can do is hold, not much money left to buy this crash.

Hopefully it can recover next few days/ weeks but who knows??

According to reports, over $2 billion has been liquidated in the last 24 hours so the possibility of a market recovery in the coming days is almost certain but the question is. How far will the market recover and will the bull season continue or are we slowly entering the bear season and there will be no altcoin season as most of the market is expecting?

With Trump initiating a trade war with Canada, Mexico, China and the EU could be his next targets. That would certainly make the global economy more difficult and have a significant impact on the markets. So I started wondering: will we still have a bull run like many people expect (4 year cycle) or will we enter a bear run from here?

It doesn’t sound good does it.

I think we will have a bull run however I am definitely going to reduce my expectations.

Smack That Ace

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Quote from: JamesDaniel90 on February 03, 2025, 01:54:11 AM

Just woke up to this news, did not expect it to get this bad Huh

All I can do is hold, not much money left to buy this crash.

Hopefully it can recover next few days/ weeks but who knows??

According to reports, over $2 billion has been liquidated in the last 24 hours so the possibility of a market recovery in the coming days is almost certain but the question is. How far will the market recover and will the bull season continue or are we slowly entering the bear season and there will be no altcoin season as most of the market is expecting?

With Trump initiating a trade war with Canada, Mexico, China and the EU could be his next targets. That would certainly make the global economy more difficult and have a significant impact on the markets. So I started wondering: will we still have a bull run like many people expect (4 year cycle) or will we enter a bear run from here?

Hatchy

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Quote from: ? on February 03, 2025, 02:07:13 AM

It's anyone's guess, honestly. Could be a correction, could be the start of something longer. I'm holding onto my long-term investments, but I'm not buying anything new right now.

Yea, who knows.. Trump's new policy reacted to the market so fast. Its supposed to be a correction for Bitcoin market as that's normal. But no one can tell if this correction might be longer than we think. The fact is that we are being given a good chance to buy and stack more coins in our wallets. So don't miss such opportunities if you know you can buy, get to it. I just hope it returns to its bullish trend sooner. For the altcoin market, it was really affected and I wish them quick recovery..

franky1

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Quote from: ? on February 03, 2025, 01:40:13 AM

I'm sure that by now everyone must have seen the state of the market, and how a lot of projects are in the red, BTC included. Question now is if this is just a pull back in attempt to go on another upward trend or if we are just about to enter a bearish trend.

a. another discount period, 'yum yum, nice' take a bite if you have the opportunity
b. we have yet to have the 2025 ATH period, patience is a virtue if you just want to hoard and not buy more
c. times like these are not just great opportunity to buy, but also it weeds out the weak hands that are willing to sell low
the more people buying at $95k plus(taking from the weak hands) the more people less willing to sell below $95k in the post ATH correction period

?

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It's anyone's guess, honestly. Could be a correction, could be the start of something longer. I'm holding onto my long-term investments, but I'm not buying anything new right now.

Frankolala

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Quote from: ? on February 03, 2025, 01:40:13 AM

I'm sure that by now everyone must have seen the state of the market, and how a lot of projects are in the red, BTC included. Question now is if this is just a pull back in attempt to go on another upward trend or if we are just about to enter a bearish trend.

Yea, it's another pull back and it is a norm in bitcoin price movement because it's a volatile asset. We are still in the bull run and I am hoping to see a price above $120k as the peak price in this circle. However, this is an opportunity for you to buy more Bitcoin if you have the funds available. Don't panic but hodli with happiness.

JamesDaniel90

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Just woke up to this news, did not expect it to get this bad Huh

All I can do is hold, not much money left to buy this crash.

Hopefully it can recover next few days/ weeks but who knows??

https://crypto.news/crypto-crash-bitcoin-ethereum-liquidation/

?

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I'm sure that by now everyone must have seen the state of the market, and how a lot of projects are in the red, BTC included. Question now is if this is just a pull back in attempt to go on another upward trend or if we are just about to enter a bearish trend.

Topic: What does the current downtrend mean for Crypto? - page 2. (Read 176 times)