Topic: What's next for cryptocurrency? - page 5. (Read 1039 times)
I might not be correct, but from my analysis and my observation, I think this is just a pump and it's going to dump again, Bitcoin is not really strong to continue going up am sure it's going to dump again, I think what happen last few weeks is about to happen again when bitcoin hit $25k and dumped back to $18k, I think day traders should be very careful in this zone because anything can happen at any moment. Am sure bitcoin will dump more but no matter the dump, Bitcoin Will definitely recover back so nobody should panic, if you already bought bitcoin then you can hold, don't sell because it's dumping, don't sell your precious bitcoin, the best thing is to top your wallet with more bitcoin during the dump and wait for for the bounce back.
If we should be honest to ourselves, the way btc is moving now is different from what it used to be. I believe a bull run that was supposed to happen has been defeated and seems we moved from bear to another bear. My fear is that we could also continue till another bear. There are many strong news waiting to shake the market the more. The US Congress decision and the proposed regulation of PoW. This isn't a good season for cryptocurrency, if we eventually move from bear to another bear without touching $30k, it means some top altcoins might not survive this time around.
Short term investors should be vigilant and check out for fundamentals while long term investors should approach the market with DCA.
All discouraging words of moving from one bear to another will only come out at this time in the bear market, human psychology around this time has always been the same and will get worse when we step down by the end or year or early next year. There are actually few changes in btc and they are results of the increasing number of longttime holders, this may prevent the 90% dump from previous bear. We usually dont know the news that will shake the market, they are always sudden. We will eventually have the bull market, one mini pump will come to settle the dust before the halving and it wont break the previous ATH. Short term investors should be vigilant and check out for fundamentals while long term investors should approach the market with DCA.
So,friends
What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
Today's cryptocurrencies are working as they should. There are ups and downs, and that is what cryptocurrency is like. The good news is that the bitcoin price has gone back up to the $21k level and while this looks temporary, hopefully, it will continue to keep the price going. I'm not sure if this is the beginning of a bullish period but we can continue to hope that a bullish period will come soon. And another good news is that we are still allowed to buy bitcoin at a low price. Although $21k looks like a price increase, it is still a price worth buying. But if you want to wait for the price to go below $21k, you can wait and delay buying bitcoins at a lower price than now.What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
If we should be honest to ourselves, the way btc is moving now is different from what it used to be. I believe a bull run that was supposed to happen has been defeated and seems we moved from bear to another bear. My fear is that we could also continue till another bear. There are many strong news waiting to shake the market the more. The US Congress decision and the proposed regulation of PoW. This isn't a good season for cryptocurrency, if we eventually move from bear to another bear without touching $30k, it means some top altcoins might not survive this time around.
Short term investors should be vigilant and check out for fundamentals while long term investors should approach the market with DCA.
So,friends
What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
The market is still bear but we are looking at positive movement as soon as possible since make crypto analysts had been analysing positively about the bull market coming back to us soon. This is the time for us to get as much holdings as possible because when it resumes, many investors would be in profits. What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
We can keep buying both altcoins and Bitcoin because there are some altcoins that will move faster giving us multiple profits which is the reason why we don't have to neglect circulating our investments.
So,friends
What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
Thoughts about cryptocurrency is same like previous, even more positive. Talking about bearish or bullish, i am still on sideways movement and making great profit based on my own TA. Don't need to be bullish because of some pumps which could be a trap. What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
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So,friends
What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
Today's cryptocurrencies are working as they should. There are ups and downs, and that is what cryptocurrency is like. The good news is that the bitcoin price has gone back up to the $21k level and while this looks temporary, hopefully, it will continue to keep the price going. I'm not sure if this is the beginning of a bullish period but we can continue to hope that a bullish period will come soon. And another good news is that we are still allowed to buy bitcoin at a low price. Although $21k looks like a price increase, it is still a price worth buying. But if you want to wait for the price to go below $21k, you can wait and delay buying bitcoins at a lower price than now. What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
Now the market was moved towards the green trend.So the price of most of the altcoin was increased to high value.Just hold all your coins for further one month,when the price of bitcoin had raised some good value.It’s potential will be reflected in most of the trusted altcoin.People who had their good altcoin,just hold to get bulk some profit from it.Risk in holding less potential coin as compared to the current market situation.
~snip~
Not only for short term trading every time when you are going for investment short-term or long-term If it is not analyzed well then it is not possible to earn profit from it . But if anyone looking for investment in alt-coin then I think short-term trading is more safe than long-term And Bitcoin is different, here if one can invest in perfect dip for long-term then it will be possible to earn profit for a while. I think if the top coins are selected for short-term trading then the risk here is much less than others. Bitcoin has always been profitable even if you buy at an ATH, so any time of purchase is good deal
Every pair has a good time to invest in it and also like bitcoin. If you buy bitcoin at ATH, you obviously profit only when the price goes back to the entry price so now that the ATH is around $64k, those you bought to hodl are in loses now since the price has dropped far from ATH. Those that will profit anytime they buy are the traders because bear and bull interact in trading.
What do I know though, I don't really do TA.
What do you use then that TA is not for you
So,friends
What do you think about today for cryptocurrency?
Every day is a new day and hence we should keep a positive outlook to each day that passes and hope for the best. At the time of writing bitcoin is above 21k USD and this shows a bullish pressure has started after the dip to 18k USD.What do you think about today for cryptocurrency?
Quote
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
Let us hope that the bullish period has started and the bearish period is behind us for now. But it will catch up again, because of the cyclical nature of the market movements.Looks like a good correction in a positive direction
This is a correction for now. Whether it will lead to a bigger bull trend, we have to wait and watch. For now, hold on to buying and watch the next movements. If you bought at the low, wait for better prices to sell.
So,friends
What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
I can't be positive if this signal is the beginning of a bullish period since this year we still hear a lot of bad news about cryptocurrency and some external issues. We can hope the market will slowly recover in the next year and hope that we accumulate enough crypto to prepare for another bull in the next few years.
There will be nothing going on today and tomorrow because we are still in the bear season, so there will be nothing special going on. Don't expect a bull run to happen this year as things are still chaotic out there. In a bull market, there will always be corrections and in a bear season there will always be slight rallies, so don't try to look for the growth to fall into these price traps. The best thing to do these days, don't invest in altcoins, if you have money then collect more bitcoins every day and hold until the bull season comes.
You are actually right, I see some altcoins going up most especially this luna, but as we all know everything moves as bitcoin moves. But it is still a deep trap to invest in those altcoins even as the show good sign. Bitcoin is the only way of not loosing your money in this bear period
There will be nothing going on today and tomorrow because we are still in the bear season, so there will be nothing special going on. Don't expect a bull run to happen this year as things are still chaotic out there. In a bull market, there will always be corrections and in a bear season there will always be slight rallies, so don't try to look for the growth to fall into these price traps. The best thing to do these days, don't invest in altcoins, if you have money then collect more bitcoins every day and hold until the bull season comes.
You are actually right, I see some altcoins going up most especially this luna, but as we all know everything moves as bitcoin moves. But it is still a deep trap to invest in those altcoins even as the show good sign. Bitcoin is the only way of not loosing your money in this bear period So,friends
What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
There will be nothing going on today and tomorrow because we are still in the bear season, so there will be nothing special going on. Don't expect a bull run to happen this year as things are still chaotic out there. In a bull market, there will always be corrections and in a bear season there will always be slight rallies, so don't try to look for the growth to fall into these price traps. The best thing to do these days, don't invest in altcoins, if you have money then collect more bitcoins every day and hold until the bull season comes.
Right, but probably the OP is asking because w have seen like a 10% increased, which is something extraordinary in a bear market. So we will have to see first what will be the price in this short rally. Definitely a $25k leg up will be a good relieved in the market. But it could just be a bear trap, or catching a falling knife so we should still be very careful of the movement and it's better to look for long term investment in this bear market.
So,friends
What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
There will be nothing going on today and tomorrow because we are still in the bear season, so there will be nothing special going on. Don't expect a bull run to happen this year as things are still chaotic out there. In a bull market, there will always be corrections and in a bear season there will always be slight rallies, so don't try to look for the growth to fall into these price traps. The best thing to do these days, don't invest in altcoins, if you have money then collect more bitcoins every day and hold until the bull season comes.
So,friends
What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
Today? Just a regular day and just a regular day for cryptocurrency as well. Crypto is down? I will not do anything, and I might only visit Coingecko once today. Sometimes doing nothing is better and sometimes visiting either Coingecko and Coinmarketcap only once or twice a day is better to prevent making unnecessary and wrong decisions.What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
Is it beginning of a bullish period? No and I don't think that it will happen this year. No good news, China's economy in the brink of falling down, US's interest rates are still increasing, the War between Russia and Ukraine is still on-going and other global events. I'm not even thinking of when the market will make a reverse instead, I'm just slowly accumulating more and more coins and will patiently wait.
Good correction? I don't think so. Maybe next year we might see a reverse but I'm not sure about it either.
So,friends
What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
today's price has not exceeded the price of a month ago so I don't think it's bullish yet and actually this question always arises when BTC price moves in the opposite direction after maybe a few days or weeks the movement is slow and day trades are so concerned with what happens in BTC every day while long holders will just take this as normal. What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
So,friends
What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
I think that this isn't yet the turning point of the Bitcoin and the crypto market right now, what I do think in my opinion and what is about to happen is a move towards the $30k price level with a week double bottom pattern and coupled with the Ethereum merge event coming up on the 19th of September will put us in that $30k price target, then after that I do think that the "sell the news" event will happen plus the Federal Reserve meeting and decision on interest rate hyke on 22/09/2022 event could pull the market back and a grab of liquidity will occur, because institutional traders like the double bottom a lot and that grab of liquidity could put Bitcoin to test the $12k it monthly order block, where the will be very much exhausted and we could finally see the bottom of the market.What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
you are scaring us
there could be truth to this because when the pump in the previous week where price touches $24k, but the charts doesn't look like it pivot to turn the market up to start a bull run. we have a long way to go still and the crisis all over the world may affect that BTC price. there is even a US congress bill that could lead to BTC mining ban.
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
No, I don't think that this is the sign of the early bullish, this increase is just a market pump for a while and I believe that there will be another dump market again, even if they are market corrections or other situations. In fact, the bearish market is still ongoing and will continue. Looks like a good correction in a positive direction
We are too early if saying this as a signal for bullish era if every time the market rising up. What we can do is if we are trading for short term, this market condition may be the right way to take profits for a while, but if we are long term holders, we can just see and wait whether there may be another market correction again or not. In this case, we must be able to utilize very time of the market condition wisely and very well.
So,friends
What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
The next target is to continue breaking the resistance, BTC tried to do that multiple time but failed to break it and right now with a hope of this new trend, BTC is aiming for a new peak for this trend again. If we are bale to touch $22k and go beyond that, we might see Bitcoin at $25k before the month end. Anyway, this is useless if you are not accumulating, so better to join the market trend now and if you see the price is reasonable to buy, better to do so. What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
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