What happened to the crypto market now? - page 14.

Pelana vreo

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Quote from: LittlePrinceCat on December 13, 2021, 09:17:48 AM

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?

If you look at the history of the crypto market situation in 2017, the current situation is still good if we compare it to that year, the current situation is normal and that's good for the new ATH.
If there is no price correction, then it is not good because there will be a pump and dump quickly, Bitcoin and altcoin prices have increased from December 2020 and the current price is still profitable for investors who have bought bitcoin at $20k

sana54210

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Quote from: milewilda on December 13, 2021, 11:27:19 AM

Get used to it because this market is always been like this on which you wouldnt know on what would happen next.We cant tell if its manipulation attached or totally random movement and if you are just new into thhe market then better get used to it because no one could ever predict on what would
happen next. Everything will vary on the demand and no one can point out even how good your technical analysis would be.
Everything would be random and cant be known.

That’s the biggest problem some people have and best profit maker for some other people. Some people do not know what to do when the market is volatile and unpredictable, and some people act as if there is a golden goose.

If you are one of the people who do not know what to do and end up making a loss because you panic sold or you just bought way too at the top, then you should maybe turn into long term investor who doesn't touch his money at all, that way you could make a profit by eliminating yourself from the equation. If you are the type of person who would rather make a profit by simply trading on these unpredictable volatile markets and you are doing a good job then you should stay that way and not change a thing.

oemar bakrie

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we all can't guess in detail about the crypto market starting to decline, all can only predict, in my personal opinion, it's starting to go down now because it will only divert the atmosphere so that even those who have assets start to panic and are confused about what to do..the fate of the crypto they have, for me it's time for us to buy and hold what we have..

terrorJR

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regardless of bearish or not i just feel this is a correction and i feel something like this is more suitable to be said as a correction rather than a decline.
the price is now i feel better than a few months ago and when i say it crashes i feel it is too exaggerated.
the current correction will pass quickly all you need to do is just wait and hold

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Quote from: LittlePrinceCat on December 13, 2021, 09:17:48 AM

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'm not thinking that, there's always a chance and hope. We can't just ignore the volatility of the market mate, it all becomes possible in terms of price changes, and in fact, we've been seeing this multiple times/ Maybe we just have to wait for a few days, we certainly see it pumping again, please have patience.
We need not loosen up and think negatively about what we have now. It was very common to see the market in dumps, we are not bullish all the time nor did it becomes bearish as well. The market moves up and down, that's all.

Samurai trieng

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I think the crypto market is currently experiencing bearishness, for friends who are beginners in crypto, don't panic about the current market situation, because things like this are very normal things to happen, sooner or later this situation will return to normal, indeed this is the cycle of ups and downs the price of crypto, but we must be able to take advantage of this situation by buying some coins that have good potential,

DOH!

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Since the bad short sale on 4/12, I am not sure if the status or news is fully supported for bitcoin. Things are going pretty badly, $42k would be a pretty significant slide to turn market sentiment around even though bitcoin has managed to forge a recovery structure at $51k, but there is it seems that the dumping is still putting pressure on the active bears. As of 4/12 hacks that look like exaggeration also need constant adjustment. Perhaps the opportunity to get more ATH this year is quite difficult. I believe we could see a macro ATH coming in 2022 with hyperinflation being triggered.

Wysi

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It's too early to term it as bear market as we have seen market recovering multiple times in last few months. I think it's time to take a break and observe the market trend instead of cashing in as it might dump or pump back so it's advisable to observe the trend and act accordingly.ita high time we should avoid these crypto youtubers to avoid any unnecessary FOMO loss.

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Quote from: FloridaKid on December 13, 2021, 11:00:51 AM

I'm satisfied with what's happening to crypto market presently because all altcoins have bring incredible gains since 2020 and many new whales and millionaires have been made now I believe things won't keep surging forever there will always be some corrections, it is expected

Yeah the correction is normal if we compared to the previous bullish season that held for a long run, and right now the time for correction.
Just keep holding some strong fundamental alts and buying some more is recommended since the price of most coins are on support position and hoping it will bounce back. This year is already have been a great year for crypto users, let the market breath with some corrections, and come back stronger next year

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Quote from: LittlePrinceCat on December 13, 2021, 09:17:48 AM

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?

Get used to it because this market is always been like this on which you wouldnt know on what would happen next.We cant tell if its manipulation attached or totally random movement and if you are just new into thhe market then better get used to it because no one could ever predict on what would
happen next. Everything will vary on the demand and no one can point out even how good your technical analysis would be.
Everything would be random and cant be known.

Rahman11

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Topline. Cryptocurrency prices plunged during a widespread market sell-off sparked by concerns of a potentially catastrophic debt default in China, pushing many of the world's largest digital currencies to their lowest levels in more than a month.

aseprebel

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Based on his calculations, the current support level for Bitcoin price is at the level of US$ 43,500, while the resistance level is in the range of US$ 53,500. The decline in crypto prices occurred in line with the Chinese government's policy of intensively banning cryptocurrency mining and the issue of tapering, it's better to wait and see and be careful first considering there are three major events that are currently shrouding the crypto market. As for Bitcoin, I recommend that short-term investors should be careful because Bitcoin price volatility will be high in the near future.

FloridaKid

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I'm satisfied with what's happening to crypto market presently because all altcoins have bring incredible gains since 2020 and many new whales and millionaires have been made now I believe things won't keep surging forever there will always be some corrections, it is expected

Reid

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Yes.
If you browse coinmarketcap, it is just bearish for most of the known cryptocurrencies. But go deep, you will see other cryptos are gaining. I think there is a switch that is happening in the shadows. It could be by purchasing NFT's or a new coin that is not hyped yet but whales already got the initial news about it.
That's all the reason I could see for now because no bad events are happening outside and the expectation for December pump is still on going.

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Quote from: LittlePrinceCat on December 13, 2021, 09:17:48 AM

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?

From my own point of view I think the market is crashing probably due to the new covid-19 variant Omicron, cases of the new variant had started increases and some countries wanted to start imposing another lockdown, consequently some bitcoin hodlers might have started selling their coins to fiat thus culminated to price dropping, recall in the wake of first lockdown during the first wave, the market experienced a massively dump, it is quite unusual for price of crypto to dump during this period.

Teraboy

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Quote from: LittlePrinceCat on December 13, 2021, 09:17:48 AM

Crypto continues dropping these few weeks which is more than a manipulation or a correction.

Are you a new user in crypto? The newbie will always say that dump was a manipulation that already made by whale but that's not the correct point. This can also be considered as another correction. that's totally a non sense thing to say that if any dump will always be the result from manipulation that already done by several parties.
Market needs to find a new floor and remember that the new was also affecting the trend.

Quote from: LittlePrinceCat on December 13, 2021, 09:17:48 AM

It seems that crypto continues to crash and no chance for pump up in these few days.

The chance will always there but that would not be enough to recover bitcoin to break new ATH again. That needs more than a hype.

Quote from: LittlePrinceCat on December 13, 2021, 09:17:48 AM

Is the bearish market starting? Or that’s the end of crypto?
Could anyone answer me?

It's bearish market and it's not the end of crypto. You must use your logic, dump = end? What the hell was that? That's clear that people don't even use their brain.

Ararbermas

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It's bearish season already mate, so stay away in the market especially if you don't know how to handle it. Must wait for it to ends instead to prevent losses wherein until bull take over again to assure everything will be fine.. Its very risky to be honest so be patient.. Because that's how it works everytime bitcoin reached the very high value, i mean there's always a correction of prices afterwards..it is like a roller-coaster to make the story short..

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Quote from: LittlePrinceCat on December 13, 2021, 09:17:48 AM

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?

Don't be in a hurry to make a decision,
it's about an investment not a race to survive or collapse.

We know a few months ago the unit price of bitcoin almost touched $69000 per coin or more a matter of that time, now reality has a story when the dumps half of Ath, slumped maybe until some whales stopped having fun to present christmas and new year.
Hopefully they come back and Crypto or bitcoin investment gets up again, with many investors adding to the circulation of the Fund at the start of the year,
It's a Choice

Gozie51

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Quote from: livingfree on December 13, 2021, 09:52:21 AM

And usually, when these signs are showing, there are those people think that the market is about to end.

Those people are the ones who make the price to drop more because they spread fud and with panic inside them, they dump the hodling with them and that makes the market to go red more but we don't expect a complete drop of price like we saw 3 years ago this time can be different from that experience. Again bitcoin price can be a surprise thing to everyone, a simple positive news can turn the reds into green.

husdemba

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Pepemo.vip

Cryptocurrency markets are always open to surprises, but no one anticipated these moves. I think the bearish market is yet not to come and Bitcoin will bounce back from $46000.No one should make a decision based on the comments here, and everyone should act rationally in this process Undecided

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