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Topic: What happened to the crypto market now? - page 13. (Read 2316 times)

sr. member
Activity: 1190
Merit: 250
December 14, 2021, 11:03:33 AM
#47
When in october the price of bitcoin made new ATH at a price of around $68500 then i am optimistic the december market will skyrocket, unfortunately the market continues to fall and makes investors confused and panic sells, when panic sells it makes corrections continuously and it is difficult to recover, but i hope the market will soon green again.
full member
Activity: 546
Merit: 112
December 14, 2021, 10:20:17 AM
#46
keep calm bro, this situation is not the first time, and this is not the end of crypto. If you play in the spot market, keep hodl, and if you play in the derivatives market, always use stop loss, I always believe corrections in crypto market is to take a foothold to fly further.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
December 14, 2021, 03:25:12 AM
#45
The market is always unpredictable, if the previous year in december the price would skyrocket but now the downward trend continues, I'm afraid the 2017 moment will repeat itself so we have to wait a long time to recover, until now I haven't found any global issues that can make FUD and hope this is a temporary wave.
You also need to understand that something like 2017 will never happen again in the market and the current decline is not the end of everything so it will take a long time to recover, because I see the market will be back on a high track for next year.
full member
Activity: 1470
Merit: 103
COMBO 2.0
December 14, 2021, 03:07:12 AM
#44
I think like most people are pointing out maybe just a few winter months and then we may pickup before we hear anything about the bear market but I think for now just relax buy some juicy dips if you have some usd and chill and if you already gone shopping then watch one or two shows and try not to get your mind too fixated on the market because you might end up making a bad decision
hero member
Activity: 1344
Merit: 565
December 14, 2021, 02:41:54 AM
#43
Crypto continues dropping these few weeks which is more than a manipulation or a correction. It seems that crypto continues to crash and no chance for pump up in these few days. Is the bearish market starting? Or that’s the end of crypto?
Could anyone answer me?
Maybe the market is in a bear or maybe not but you should be able to do some analysis to give you a bit of an insight to a level where you can confirm that it might get worse. The two SS charts below are the same but the first was from the 11th Dec. while the second today 14th Dec. and yes, BTC price has dropped from that $48k+ to now $46k+



I will only get worried if we fall below what I consider an upward support line since October 2020. BTC has fund support there and I believe it might again and if this will play out, I see BTC support around $41k-$42k ish and we could see a full-up trend again.

Pls, not financial advice just my own view.
sr. member
Activity: 1148
Merit: 252
December 14, 2021, 01:37:17 AM
#42
Crypto continues dropping these few weeks which is more than a manipulation or a correction. It seems that crypto continues to crash and no chance for pump up in these few days. Is the bearish market starting? Or that’s the end of crypto?
Could anyone answer me?

I can not give you an answer to all your questions but i can definitely tell you, that this is not the end of crypto. We had some months of rising prices now again and therefore it is only logical that we see a correction now. The drop that happened yesterday though came completely out of nowhere for me though and it really isn't fun to look at my portfolio today as it down a lot and nowhere near where it was back in the beginning of may this year. Let's hope people don't panic sell now and make it even worse.

Every new investors which entered crypto when the latest bullish market will always said crypto will be over because they think they could always get more profits and regrets not selling the profits before.
It's usually happen in crypto but at the next pattern you will learn from your mistakes, so it's okay to think like that right now and you will see the market rising again in the future.
Bear time is usual thing in crypto and it won't last forever.
jr. member
Activity: 91
Merit: 2
December 14, 2021, 12:15:53 AM
#41
Crypto continues dropping these few weeks which is more than a manipulation or a correction. It seems that crypto continues to crash and no chance for pump up in these few days. Is the bearish market starting? Or that’s the end of crypto?
Could anyone answer me?
More likely a bearish market but never the end of crypto. We have witnessed more worst than the current dump, and bitcoin still survives, so we should not doubt bitcoin's capability to pump again and maybe in the next bull run, so see you there.
When will the bearish market end? Will it end? Or it will continue dropping from now on.
sr. member
Activity: 1722
Merit: 269
December 14, 2021, 01:07:57 AM
#41
Crypto continues dropping these few weeks which is more than a manipulation or a correction. It seems that crypto continues to crash and no chance for pump up in these few days. Is the bearish market starting? Or that’s the end of crypto?
Could anyone answer me?

I can not give you an answer to all your questions but i can definitely tell you, that this is not the end of crypto. We had some months of rising prices now again and therefore it is only logical that we see a correction now. The drop that happened yesterday though came completely out of nowhere for me though and it really isn't fun to look at my portfolio today as it down a lot and nowhere near where it was back in the beginning of may this year. Let's hope people don't panic sell now and make it even worse.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
December 14, 2021, 12:36:13 AM
#40
The market is always unpredictable, if the previous year in december the price would skyrocket but now the downward trend continues, I'm afraid the 2017 moment will repeat itself so we have to wait a long time to recover, until now I haven't found any global issues that can make FUD and hope this is a temporary wave.
Even if the market is unpredictable, we should keep analyzing the market to find the potential coins to trade and make a profit. Hopefully, the situation will not be the same as in 2017 and not drop too deep than now. But we do not know for sure and can only hope everything will be okay and the market will be back to the high price. If that comes, we should anticipate the worst thing so we are ready with the risk and do not enter the market if you think you can not or hard to analyze the coins.
full member
Activity: 1484
Merit: 101
December 13, 2021, 11:54:19 PM
#39
The market is always unpredictable, if the previous year in december the price would skyrocket but now the downward trend continues, I'm afraid the 2017 moment will repeat itself so we have to wait a long time to recover, until now I haven't found any global issues that can make FUD and hope this is a temporary wave.
hero member
Activity: 1358
Merit: 513
December 13, 2021, 10:35:01 PM
#38
Crypto continues dropping these few weeks which is more than a manipulation or a correction. It seems that crypto continues to crash and no chance for pump up in these few days. Is the bearish market starting? Or that’s the end of crypto?
Could anyone answer me?
I follow some bloggers and they say that there will be one more short-term boom and then it will be a long bear market, they just compare the situation now with the similar ones in previous cycles. Personally my plan is to sell off altcoins and sit out this bear market holding Bitcoin, ethereum and stablecoins so as to enlarge my positions on a dip.
full member
Activity: 383
Merit: 100
December 13, 2021, 06:55:12 PM
#37
Is the bearish market starting? Or that’s the end of crypto?
Of course, it is not the end of crypto.
Anyway, I think it is too early if we want to judge the bearish starting. I don't see this as an unusual drop in price, just a common correction. Many people who sold their coins and converted to fiats, are probably preparing their needs in real life. I think we can understand why people are selling their coins right now. But for real holders, should keep holding and don't be panic.. It is something natural, not the end of crypto market.
sr. member
Activity: 2828
Merit: 344
win lambo...
December 13, 2021, 06:43:34 PM
#36
Crypto continues dropping these few weeks which is more than a manipulation or a correction. It seems that crypto continues to crash and no chance for pump up in these few days. Is the bearish market starting? Or that’s the end of crypto?
Could anyone answer me?
It reminds us, everyone, that the market won't remain bullish always, to see a decline main that we are given the chance to buy some and start investing at a cheaper. It finds not usual for newcomers but for us who have been in the crypto space for many years, we actually understand the situation as so many factors that could affect the flow of the market demand and supply.

For now, we are suffering market decline but from what I see, we are still at the high level, not unless if we have 50% corrections already and the good this is that we're not yet there. The market is still healthy to see, Bitcoin is at about $45k and some altcoins are still in doing find and control the declines. I know we could make it through this and see the recovery in the coming days.

member
Activity: 434
Merit: 10
December 13, 2021, 06:22:27 PM
#35
Is every decline always said to be the end of crypto? It's not the first thing to happen and it's common in this crypto world. Just take advantage of the existing moment to add assets while they are bearish. Crypto in the future is always growing and more and more enthusiasts. This makes the crypto continue to rise and decline like this like an ordinary cycle.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
December 13, 2021, 05:53:40 PM
#34
Crypto continues dropping these few weeks which is more than a manipulation or a correction. It seems that crypto continues to crash and no chance for pump up in these few days. Is the bearish market starting? Or that’s the end of crypto?
Could anyone answer me?
More likely a bearish market but never the end of crypto. We have witnessed more worst than the current dump, and bitcoin still survives, so we should not doubt bitcoin's capability to pump again and maybe in the next bull run, so see you there.
full member
Activity: 700
Merit: 100
December 13, 2021, 05:52:25 PM
#33
Either this is a change in trend and bears come to the market, or it is a correction and this is a temporary event that will soon be completed and there will be an increase after the holidays. The time interval from January 15 to February 15 will be indicative. After that, it will be possible to draw more accurate conclusions.
legendary
Activity: 1323
Merit: 1000
December 13, 2021, 05:34:27 PM
#32
It seems that crypto continues to crash and no chance for pump up in these few days. Is the bearish market starting?

yes

the bear market is starting, kidding, this will only happen if the price drops below $39,000

I know that the market sentiment is very positive and everyone is very optimistic about the future of the cryptocurrency market, but anything can happen here. I think a lot of people would stop laughing if Bitcoin's price suddenly dropped to $20k within a week or two. Would it still be a correction or a bear market for you?
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
December 13, 2021, 05:28:47 PM
#31
Crypto continues dropping these few weeks which is more than a manipulation or a correction.

the market always goes up and down, it doesn't go up without going down, you may have already noticed that, if a resistance is not broken the price drops a lot to strong support and when a strong support is not broken it goes up to strong resistance

It seems that crypto continues to crash and no chance for pump up in these few days. Is the bearish market starting?

yes

the bear market is starting, kidding, this will only happen if the price drops below $39,000
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
December 13, 2021, 04:54:43 PM
#30
Crypto continues dropping these few weeks which is more than a manipulation or a correction. It seems that crypto continues to crash and no chance for pump up in these few days. Is the bearish market starting? Or that’s the end of crypto?
Could anyone answer me?
You are a newbie indeed, cus If you have been in this space long enough, you Willa easily understand that the market does not and will never just go up forever without maybe a day, week, month or even a year of retracement, the market going down does not mean it's the end of crypto, if crypto will ever end, it would have ended in 2018, 2019 and 2020, this years were the 3 long bear market years which followed after the 2017 bull market which saw bitcoin rise to almost $20,000 usd and later returned back to almost $2000 usd.

Conclusion is, crypto is not going anywhere, it's only fulfilling its universal law which states that what ever goes up must surly come down, to later go up again, a non stable crypto coin goes up and down, that's how they are built and that's what makes them a true currency.
sr. member
Activity: 1554
Merit: 260
December 13, 2021, 04:37:11 PM
#29
Crypto continues dropping these few weeks which is more than a manipulation or a correction. It seems that crypto continues to crash and no chance for pump up in these few days. Is the bearish market starting? Or that’s the end of crypto?
Could anyone answer me?

In fact, recent price drops are very worrying, but I think this is not yet the beginning of the bear market. The correction is normal and I think that this time it is rather an introduction to new gains. We just have to wait another week or two and the situation should clear up on its own.
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