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

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February 05, 2025, 07:25:46 PM
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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.

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.
How do you know when it's a pull back and when it's just the beginning of downtrend that would last for a while?
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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/



I hope so too, and the good thing is, it seems like it would. We just have to wait and see how this goes.
legendary
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After learning precious lessons both from actual experience and from knowing Bitcoin's price history, I can tell you that you should cherish times like these.

Don't be emotional when the price goes down. That happens every now and then. If it nosedives, be grateful that big sales also happen with Bitcoin. Take it that you're given another chance to buy at a discounted price.

Sooner or later, we can only look back at these moments either with regret or appreciation and pride. 
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Is this the first time something like this is happening? No.

Will it happen again? Probably yes.
not probably

surely yes bitcoin remains to be volatile but every dip doesn’t indicate immediate crash or bearish signs
Quote
To be honest, I never thought we would see $95k. I strongly believe we've not attained the peak of the bull season, so I think this is a good opportunity to buy the deep. Other persons that are panicking may see it as a bearish trend and possibly sell their bags but smart investors will see it as an opportunity to buy the deep and hodl.
right now it’s already at $95k again so if instead of worrying about whether this is the start of bear cycle and you bought during price was low immediately after a few days you would have profited a bit already
hero member
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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.
This is an opportunity to buy more Bitcoin, bro. Smiley

For me, it is always boring to see Bitcoin moving up without some significant correction. It's fun to move up and down and later move up more than where it was before the corrections, that's how a true market with dynamism works. I only urge you to be careful about it so that you do not strike at a level where the correction is just starting. I will continue to buy around $90,000 (give or take).
sr. member
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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.

It is normal for Bitcoin to expirience price correction and regain or increase at any given time, we should not be worried about the dip in price but to mitigate the opportunity and accumulate more instead of thinking about the price dip. Surely Bitcoin wil move an upward trend after this pullback. Let's just use this medium and and accumulate.
legendary
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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.
As I predicted, the market recovered significantly shortly thereafter thanks to the agreement between the US and Canada as well as with Mexico. But today the market continued to correct after China decided to retaliate against Trump's tariffs and the real tariff war may have begun.

I don't know if we will really have another bull season but I agree with you that we should lower our expectations instead of thinking that making profits will be as easy as previous bull seasons. Bitcoin and cryptocurrencies are getting bigger and bigger and are increasingly influenced by geopolitics and the world economy, they are no longer operating in isolation and with the current situation, it is difficult to be subjective. Especially those who invest mainly in altcoins should review their portfolio and plans, I am not very optimistic about the altcoin market this year.
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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.
I think that we are in the middle of bullish and bearish market, because I know very well that market do fluctuates sometimes, and when we experienced fluctuating time of the market that doesn't mean we are in bearish...bearish season is noticeable and whatever we invest will surely be at the negative side of it, so right now the market is okay

When you look at bitcoin you see that the drop of bitcoin in the market is not up to 5%, so we can say tentatively that the situation of the market is in correction stage instead of concluding that we are at bearish season, people that invested on bitcoin that doesn't  have a experienced of investment, will think that bitcoin market is going to crash base on the situation of the market and their expectations.
sr. member
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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.
Is this the first time something like this is happening? No.

Will it happen again? Probably yes.

To be honest, I never thought we would see $95k. I strongly believe we've not attained the peak of the bull season, so I think this is a good opportunity to buy the deep. Other persons that are panicking may see it as a bearish trend and possibly sell their bags but smart investors will see it as an opportunity to buy the deep and hodl.
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The current downtrend is a notable shift in the crypto market,resulting to a consequential looses in the market.the total crypto capitalization has dropped by 9.7% over the last 24hours to $3.07 trillion,lowest level since November 2024.the united state tariffs imposed by president Donald trump,which have unsettled the market and led to massive sell off.
Factors that contributed to the downtrend:
1, market volatility.
2, united states tariffs imposed by president Donald trump.
3, Massive liquidity.
In conclusion have this at the back of your mind,that the crypto market is unpredictable,and it's very important to stay informed,and adapt to change market condition.
hero member
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If price drops to $70k+, that's when I will assume that we are getting to bearish zone, else, I expect that price would not go below $80k. I respect to what someone already said, you don't have to panic during price plunge, it gives you privilege to buy more and hold.
Technically,  there's a room for the price to reach $70k, because this was actually point of break for Bitcoin and it hasn't been mitigated since we first hit 100k and above, So kind of what the market is doing,  The problem some why people panic is that, investors don't actually want to see price of Bitcoin drops they only expect it to continue going up, whereas this is not how the market works.

Likely possible to get to $70k and if that happens, there's going to be some imbalance that will be created which would also pull the price below $70k, unless it never get to that mark at all.

It's new and experience investors that usually show such panic for price.
legendary
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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.
If you are very good at technical analysis, you will understand that the market could surely not continue bullish, but at some point we have to retrace to fill up inefficiencies that have been created in the course of the bullish trend. In my opinion, this is what we are currently seeing, that is, the market is retracing to fill up the inefficiencies and fair value gaps that have been created before it heads back up.
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If price drops to $70k+, that's when I will assume that we are getting to bearish zone, else, I expect that price would not go below $80k. I respect to what someone already said, you don't have to panic during price plunge, it gives you privilege to buy more and hold.
Technically,  there's a room for the price to reach $70k, because this was actually point of break for Bitcoin and it hasn't been mitigated since we first hit 100k and above, So kind of what the market is doing,  The problem some why people panic is that, investors don't actually want to see price of Bitcoin drops they only expect it to continue going up, whereas this is not how the market works.
hero member
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If price drops to $70k+, that's when I will assume that we are getting to bearish zone, else, I expect that price would not go below $80k. I respect to what someone already said, you don't have to panic during price plunge, it gives you privilege to buy more and hold.
hero member
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Do opposite of what the general public are doing, be greedy when others are fearful and be fearful when others are greedy, There's panic in the market right, but if you understand the game which the smart money plays in this industry, then you will be doing the same thing by buying up the dips. The best way to be profitable in this space is, don't buy the green buy the Red, I love when the market is bleeding, to me it means an opportunity.
Despite that Donald Trump administration placed a high tariffs on China, Mexico and Canada, which caused the sell off in the market on the short term, the market will definitely bounce back in the future.
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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.
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..

Bitcoin's response to the global market trend could have a negative effect on the price, as Trump is solidly entering into a market war with his 25% tarrifs on Mexico, and Canada imports, then 10% on China. All affected countries vowed to retaliate especially China that's looking at challenging Trump's levies at the WHO these are not good for bitcoin as the focus of most investors would be on the ongoing global market changes. Probably, Bitcoin will correct its price, but if trends as this begin to persist the price of BTC might go bearish, though, nobody is sure of when.
hero member
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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.
It's too early to say that this is going to be entering the bearish trend. But we don't know if we've reached the peak already or not yet. But with what I speculate at this time, this is a pretty normal thing that happens every bull run.

This scenario is not different from the past that we've got before Bitcoin broke $69k ATH of 2021. It did broke last year and then it made more heights afterward.

Like what you've said, this is just a pull back and we have to wait for another uptrend because the market has been resilient as always!
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It is just correction that always happen to Bitcoin and altcoin market so you don't need to worry. This correction give you the opportunity to buy back Bitcoin and other coins at a low price. Usually after the correction, the price will increase and change the direction so that will be the time for you to make a profit by selling the coin.

The trader and investor like to see this current situation because they can buy at a low price and hold it. They will not want to miss this chance so they will buy back using their funds and waiting for the next thing that will happen.
legendary
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What it means is that weak hands are going to lose money by panic selling while others of us take advantage to buy cheap. Dips are just that, opportunities to buy cheap. Whoever sells now is going to regret it in the future.
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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.

Predicting is very hard in crypto,all we can do is to wait,not just if we saw a decline of price we will say that it is already down trend,sometimes we think that it is a down trend specially when everything is not happened according to what we plan or what we expect, i think we just need a small break and be more cautious because crypto today has a very high volatility.
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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.
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
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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??



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.
legendary
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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??



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?
sr. member
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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.
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..
legendary
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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.

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.
hero member
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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.

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.
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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.
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