Topic: What will be the next movement in the market (Read 1177 times)
I am not agree with you. Please check the market status. The price of all crypto is increasing gradually. The market is already in bull momentum. But yes, there is still possibility of a big dump! We can call it the Corona Wave ||.
Of course the current corona pandemic has in one way or the other affected the crypto operation globally because some conferences which were supposed to be held in favour of crypto market have been postponed till further notice.A lot of people with fear that crypto may collapse soon have started withdrawing their funds and by so doing having a negative effect generally on the market. However, there is still hope that situation of things will soon get back to normal for crypto and the market level will rise positively.We just have to keep our focus firm and remain persistent with crypto investment because the market will experience a boom very soon.
It already is positive as most alts follow Bitcoin on its way up.
We had some positive news for Bitcoin in the last 2 weeks and everyone is bullish for ETH so the rise in value can be easily explained.
Regarding the boom, I don't see it this way. The market cycles are becoming longer and the most probable year for a new market bubble is probably going to be 2022. We are already in a bull market but the cycle is going to take between 1 and 2 years.
Of course the current corona pandemic has in one way or the other affected the crypto operation globally because some conferences which were supposed to be held in favour of crypto market have been postponed till further notice.A lot of people with fear that crypto may collapse soon have started withdrawing their funds and by so doing having a negative effect generally on the market. However, there is still hope that situation of things will soon get back to normal for crypto and the market level will rise positively.We just have to keep our focus firm and remain persistent with crypto investment because the market will experience a boom very soon.
at this time in my opinion the crypto market is better than the stock market and others, who continue to strive to emerge from the pandemic that has plagued almost the entire world to be the right solution from the enactment of government regulations to stay at home.
The stock market took quite a hit due to the pandemic and the reason behind this is that almost all the companies had to completely shut down the work due to lockdown situation and still had to give the minimal pay to its workers. This incurred loses to the companies, banks and other businesses driving the stock prices low. But in case of cryptos, the price of the coin does not really depend on the profits or losses of a company, it depends on all of its investors across the globe. Therefore, the market continues to thrive.Market's movement will be affected by the situation of the world.
Completely opposite of what you are saying has happened. The crypto market remains strong and unharmed even during the ongoing pandemic and continues to thrive even in this economic crisis. Many assets such as gold, stocks etc were affected but crypto market on the other hand continues to keep a firm hold. It seems like just as Venezuela, other countries are also finding refuge in the crypto world during economic crisis which is arising due to the ongoing pandemic.
You're half right about it. Yes, people desperate enough because of corona virus will sell their crypto bag. The same could be said for any investor looking for a good time to invest in as they see the profit for a cheap price of good crypto. Eventually, I think the market will balance out.
At first, maybe that is how we see the flow of the price of the market due to panic and their need for money. However, we can see that even after facing this pandemic, we have seen the improvement of the price of every crypto in the market. I don't think that it will decrease more since its way is going up.
Due to the situation of lockdown everywhere, people have time to study about the blockchain technology and the crypto assets. Staying at home and being idle is making people look into various new opportunities such as crypto market. Moreover, the market has already seen the fall now’s the time for rise and not even a pandemic’s going to stop it (might slow down a little).Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
No sort of such thing has been observed until now. I agree to the fact that the economy is pretty bashed at the moment and people will turn to sell their cryptos, but we should also acknowledge the fact that most of the people invest in crypto currencies with the spare money they have and moreover no one’s going to sell their assets at loss. Everyone is waiting for the market to pick up.
I don't think that corona or pandemic situation. At the first when the corona situation started to come we see some fall in the market. But that was not long. After that we saw a steady growth in the market. Btc is kinds of stable in the 9k zone. Little bit dips and ups came from btc. For the stability of btc we Sam a high growth from many alts. Normally small and mid cap coins grown really hard. And defi based project gave 2-3x also. And the alt season is still growing. So market is fine in my opinion.
So far, none of us knows what will happen in the price of Bitcoin in the market, due to it's volatility.
Mostly could say according to their own opinion and analysis regarding about the price of Bitcoin in the market.
So, all we can do for now is just wait and see what could be the next move of the whale investors.
Mostly could say according to their own opinion and analysis regarding about the price of Bitcoin in the market.
So, all we can do for now is just wait and see what could be the next move of the whale investors.
Next movement in the prices of cryptocurrencies are always unpredictable so its impossible for anyone to answer. Currently price of most cryptos are stagnant for months already with side swings in the particular sane region so it is the perfect time for day traders to make money but if you are an investor you can buy now and wait for the real bullish trend to arrive.
so far, I see that the price increases and decreases that occur only in the range of $ 9100 to $ 9400. now there has just been an increase and decrease like that. yesterday the price of bitcoin reached the price of $ 9400 but returned to the current price. however, at the moment we cannot make further predictions. 
Next movement in the prices of cryptocurrencies are always unpredictable so its impossible for anyone to answer. Currently price of most cryptos are stagnant for months already with side swings in the particular sane region so it is the perfect time for day traders to make money but if you are an investor you can buy now and wait for the real bullish trend to arrive.
Agree! It's too hard to say what gonna happens in the market. Based on the market condition like right now, I think the market will grow up slowly before having a bullish season (which I expect to happen after the release of ETH 2.0). As a trader, daily trading is totally suitable for now. It's a good way to earn instant profits. As an investor, I think we now can come back to the market and invest in some coins since the market is starting to recover! 
Next movement in the prices of cryptocurrencies are always unpredictable so its impossible for anyone to answer. Currently price of most cryptos are stagnant for months already with side swings in the particular sane region so it is the perfect time for day traders to make money but if you are an investor you can buy now and wait for the real bullish trend to arrive.
I don't believe covid affect any project or probably stop any project from pumping or dumping, though there are alot of project hiding under covid for their failure. But if will should look at it, alot of project are doing extraordinary well, alot of pumps, so developers should stop lieing and start working on developing their project for a better result.
If that was really happening before and why there are so many crypto getting pumped right now? I think we should not believe with any rumour that already created by various parties. If that was a good project and it will become an opportunity for investors and they will not leave it.
I don't believe covid affect any project or probably stop any project from pumping or dumping, though there are alot of project hiding under covid for their failure. But if will should look at it, alot of project are doing extraordinary well, alot of pumps, so developers should stop lieing and start working on developing their project for a better result.
I don't think so. I know there was a chance that where this pandemic can cause a bad market condition for crypto currency. But that didn't happen. The market shows some great stability in bitcoin price. And the other alt coins pumped really good. Some of them even pumped 2x-3x even more. Mostly mid caps coins shows best performance. I think for pandemic more and more people discover this market. Maybe.
Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
Market's movement will be affected by the situation of the world. Yes, this is true for the cryptocurrency market too as right now, the whole cryptocurrency market down similar to the world. Countries mishap in management of the coronavirus will take hit in their economy and like the butterflies effect. Countries that have a strong tie or partnership to them will be affected too.
Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
I had similar thoughts in the beginning but it seems the opposite is being experienced now. People are now entering the market, investing hard, working from home on the internet, utilizing cryptocurrency as a form of payment etc. Could this also mean people are beginning to understand the concept and future of cryptocurrency?
We wouldn't know, unless several crypto experts says about possible predictions. I think crypto market is stable now and doing good fluctuation, but we never know what would be the next market or its next activity in the long run it might have a bullish market or a lame market.
Wrong, bitcoin will surge because they cant trust fiat anymore ,its infected by virus. So people will buy anduse cryptos.
Some countries have already disinfected their fiat money and people can still use it right now. How can you make a conclusion like that when so many people are still using fiat money? They are coming here to make more money from various ways just like trade in the market. FOMO for bitcoin comes caused by a big news.
This has proven not to be true as most of the crypto assets class gained extremely during this pandemic. I think this lockdown might not affect digital assets in comparison with the stock market, it is just an opinion though
Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
Cryptocurrency is unpredictable. After you thought, fall down the price of Bitcoin to only 300 USD from 7.1K USD. For this Coronavirus situation Bitcoin price fell down 2x but instead recovered from it. I haven't seen any long time dump prices in the last two months. Every single coin price was pump average 25% in the last two weeks. Jump to: