Topic: whether crypto will surge again like before? (Read 510 times)

I wait for October to see some new signals or just green in general. The market is changing, and there are many opinions of what will happen next

The dip is one of the opportunities to buy more Bitcoins i dont see any reason why an investor is complaining about having the dip for too long. There is no way the market will keep going high without retracing backward. At least the law of equilibrium or balance works in various aspects and crypto is not exempted. There must be a positive and negative before they can attract something good. If an investor has completely buy his coins he shouldn't expect the price to start going up immediately. Because there are investors who want to buy at that same price or below. So the market doesn't work for one person alone. While it's not favoring one person it might be favoring another.

Everyone who has been around for a while knows this, it is not a secret fact and we are not looking at this like how it could happen, we know how it could happen and we are going to end up with a good result eventually. What we need to do right now is to make sure that we deal with something that will take some time, and because of that we are going to end up making some money from it as well.

I understand that newbies may feel a little scared because they see the price dropping at times, but we knew that it would recover and it did, that's how bitcoin works.

People who have been around for a while knew that it would, we are already up big numbers, the lowest point was close to 49k if I am not wrong and we are at 60k already, that's nearly 20% increase, should be something we could be happy about and yet it wasn't something many newbies expected, they thought that the price would go down, when in reality we knew that it wouldn't and we were right.

I am sure that those newbies will see this, and maybe see this happen a few more times, and eventually they will realize that we are looking at something that's making some money as well, so they are going to think that it is going to be fine next time it happens.

Thanks for your advice, mate !
I already collected Bitcoin and will continue to accumulate it more, and indeed when Bitcoin hit his new all-time time. it will cause a lot of excitement with the huge profit.
 
But anyway Bitcoin is just too smart. It didn't need a appreciation. It already shows up his real goodness to the world in terms of value, quality, and security. Due to the value gain of Bitcoin, the whole world has become crazy about it, and their political buddies are also starting to intervene, i.e., Trump. 
 
However, you are right that Bitcoin makes a new ATH in every 4 years cycle after halving, which is a good point to organize profit, and i hope that movement is going to come soon within a few months. Which will give me profit for my HODL. 

Bitcoin did print a new ATH adjacent to the Bitcoin halving, and it shows the consistency of bitcoin in forming patterns in the 4-year bitcoin cycle, the market is volatile but bitcoin continues to grow and ATL is getting higher in each cycle.

You just need to collect and hold on until the new peak will arrive, regarding the price of bitcoin can touch to what price level it is difficult to reveal because it is only speculation, but I personally am quite sure bitcoin will not make you regret what you have bought, so keep growing your portfolio to enjoy the peak.

Our portfolios will be green, I am sure. And, I agree with you, that, after this whole ordeal with news that shook the market, we can see Bitcoin beating its ATH, and most of the others will follow. Fingers crossed, we shall see it going like that in the near future.

Yep, I agree with you that as soon as Bitcoin will show up his real color of bullishness because Halving is the event that always brings up some huge difference in the Bitcoin price like always skyrocketing Bitcoin price. This time I feel Bull Run is something extra special. Because if we look at the price of Bitcoin, in the past, just like the bull run after the halving, it shows a massive strength. So this time that potential has not been seen yet and Bitcoin recorded its New All Time High because of ETF. Now the point is that when the real bull run starts, I think we can see Bitcoin go from 80k to 100k or even higher. 
 
So, you have rightly said that we should just be patient, Bull season is coming. In which a very massive gain can be seen in Bitcion as well as Altcoin in the market. So money is going to be brought in. There is still a chance for those who have not invested. So fill your wallet, guys.

Thanks for the tips! Yes, we don't know what will happen and won't be able to use the events that may shake the market again, but we sure should be ready for it, either in DCA method or the plan that everybody has in mind (though DCA would be good with this kind of volatility going in because of these exact events). I will try my best to learn from those who are willing to share their knowledge. Much appreciated.

Just continue to read up from users experience or any information that you could really be able to read specially into those veterans that been hovering themselves into this market for years.
We should really be wary that this market would really be having that 4-5 cycle on which on the time that post Bitcoin halving already that happened then we are getting in line with that bull run thing
but of course before that then we might be seeing those sharp decline or simply that last dip before going into the moon. Somehow there are really those sayings that this might be the last bull run
or something talks about double bull run on which we cant really be able to know if it could happen or not. This is why its important that you should really be investing on the money on which you can afford to lose as always so that on the moment that the market would be experiencing some potential conditions then you wont really be getting stressed at all.

This is why it would really be that something important that on the time that it would be having those decrease is that you would really be that getting prepared for the money that you are
tending to DCA or buying back because it would really be impossible that there would be no recovery or bounceback on which considering that we are dealing on a market
on which it cant be going down forever.

Thanks for your take and the knowledge shared here! I did understand myself that there is nothing worrying here that the market dropped because of some news that changed the way different institutions work with one another, it can always happen and we can't know it ourselves, we can only see its impact on the market as it is (I wish we were in the circle of people that did know insights like that, but, alas, it's not possible at the moment ). You presented facts that made me even more confident.

For some reasons, I could not believe that we are still on the bitcoin halving year. Bitcoin market is exactly trading on the same direction of world stock indices which must be an unusual thing. I agree with you here that we are going to have steep recover from here and current state of crypto markets must be another round of opportunity for accumulating more.

For those who have been in the market for a long time, this is something normal. We have been seeing such things from the beginning of this market, so it's nothing surprising, of course, it was sudden, but we have seen more severe drops than this in the history of Bitcoin and cryptocurrencies. Only those who are new in the market will panic and think that the market might not surge again and that it is going to keep going down from here which isn't correct. We have seen it just in the last year, Bitcoin was around $28k, and we have seen it going to $74k. Was that something unusual? No, because we have seen that happening in the past cycles as well, Bitcoin had $69k as its previous all-time high, and it went down to $16k after that in the bear cycle.

As for today, the alts are dippin', and we need to wait for 3-4 months to see the situation change, in my opinion Hold tight, gentlemen.

Those are without a doubt good explanations why altcoins have not grown as much as we saw during the previous cycles, however it is possible another factor is at stake, and that is that people have realized how difficult it is to predict the performance of new coins, and on average we are seeing those people becoming more conservative on their approach to this market or leaving this market for good, and if that is the case then it is possible this bull market will not be anywhere near as good as the previous ones for those coins.

Yes, I've visited the market in that period and I must tell you that I analyse the coins chart many times a day as I am deeply rooted in trading and investment. This is why I do not buy your idea that seems perfect to you, nothing is perfect and the end of 2024 is too long for anyone to know what the crypto market will do, even as it has taken a rollercoaster ride since the beginning of this year, the definite trend that will end this year will remain ever uncertain in my analytical experience. And advise you to limit your expectations on altcoins, otherwise, you will be disappointed. They aren't going to behave the way they did in the last bullish cycle. Of course, many will still hit their 2x, it often happens, but as much as I would want 10x to happen, I won't still deceive myself that we may not see any of them doing that again before the next bearish season.

That goes to say much of those people that out of FOMO when bitcoin price dropped down to $55k after going up to a new ATH of $73k  sold their bitcoin out of the ignorance of how the past event's of bitcoin halving and bullrun had played out.

And something else that accentuate the high expectations of many on bitcoin surging up quickly without delay after it's halving was the bitcoin ETF approval which raised a lot of expectations. But in all I have gathered with all the bad news that has set in this year in the crypto market, if we have to compare it to the performance of the top 20 major cryptocurrencies we can conclude that the crypto market reflection has not really done badly. So we could still be in the right track but some people are seeing this right now.

Have you visit market last month? If truly, you have visited market, you will know that bull run will surely happen before the end of this year 2024 because there are some altcoins price that will hit higher for investors to experience profit from the market. There are some altcoins that hit X10 this year while some are not yet hit  X2 this year which they are going to pump higher for hodlers to use the opportunity to sell to make profits that will allow them to buy other coins that will give them more profits in the future.

But, there are some coins you will invest and you will be lucky to earn profits from them when you carry out your research before making your final decision and you will be satisfied, but there are some tokens you will invest your money, it will be difficult for you to achieve the capital you invested on those tokens.

That's very much true that crypto market is dependent on bitcoin for its growth. We haven't seen much appreciation in price of alts when Bitcoin is down. Bitcoin this year has shown an unusual increase and stability in its price specially after the launch of ETFs. We saw an ATH before halving which is also an unusual thing since Bitcoin has history of attaining ATHs after few months of halving. Having said that we can conclude that since Bitcoin is stable and moving in positive directions that is surely a good thing for the crypto market.

Sounds gud, but there are many bad or copy games on TON, and even if they are also bringing awareness about the hype behind this new chain, it isn't good for a common user, because the time and effort spent on analyzing whether the project is worth it doubles or even quadruples.

Did something happen to the Bitcoin market for it to, well, stop growing already? Pretty sure most of us know here that it hasn't hit its peak yet, there's a lot more room for it to grow and a lot more instances for people to use it, and that pretty much answers whether crypto can surge again. If you're asking the when though, well now pretty sure all of us don't have an answer to that. We'd have our own predictions yea, but then might as well just make and follow your own, seeing as you're able to punch up the numbers yourself from the past week.

Honestly just seeing that pump from 57k back to 65k and above is enough to prove it can do it again imo.

I think it is too early to conclude the crypto market just few months after the bitcoin halving. I think this is an opportunity to buy BTC and other reputable coins. In my opinion, I think the crypto market will boom, just we are already seeing in the TON space with numerous games on board. I am optimistic in the future of crypto.

It is of course possible that it can do that, wouldn't be really all that complicated and would be possible. However, we need to remember that we are not going to see it if we just wait outside, so if we think that it may happen, then we need to make sure that we invest into it clearly.

We did had a period where it looks a little like USA doesn't know what's going to happen. Sure they still think Trump will win, and by the looks of it that would be the most likely result, but that doesn't mean that it's guaranteed, we still don't know if he will or if he won't, that's why it's a big deal.

I think we need to make sure that we know what's going to happen and by the looks of it the market doesn't know. Market still thinks that while Trump is the favourite, Kamala has a chance too, and because of that the stock market looked a bit mixed, there were some that did alright, but some did terrible. Also, Tesla situation seems quite bad too, very low sales, Elon being right wing makes no sense, because left people are the "climate friendly" people who used to buy tesla, now they are not, but right wingers are "where is my ford truck!" people so they are not buying tesla neither, that impending doom of tesla scares the market too.

When investing, optimism is very important even if you are unsure about the future of your investment because how can you be able to continue hodling them if you don't have it, right? It's still better if we don't just randomly invest, so that it increases our chances of succeeding, it makes our hodling not go to waste. If we are talking about crypto as a whole, or the entire market in general, then yeah that it will surely rise because it is always like this even before.

The dip or the bear market is only part of how this game works. ETH is not new and it was only second in the crypto market, although no doubt that ETH opens up a new possibility in the crypto world with its smart contract technology allowing devs to create different crypto-related programs.

The crypto asset industry continues to recover despite the crypto exchange in the lag of bitcoin not only in the crypto market, this reflects the trend seen in traditional financial markets in the bull cycle that occurs, altcoins tend to be a little late because altcoin prices follow bitcoin because this cryptocurrency is the one that sets the standard followed by many coins that have trends similar to bitcoin makes a strong reason, it seems that altcoins will thrive in low interest rates and high liquidity but it all depends on the crypto market's emphasis on tokens which will result in a price spike.

Definitely, cryptocurrency is going to surge even more than it has in the past. We cannot use the current market situation to determine what will happen in the future because Bitcoin and some other great altcoins usually appreciate in value with time, especially during the bull market. Not every cryptocurrency will be able to surge, but there are definitely many other coins that will surge. If you look back at the price history of Bitcoin, there were some heavy price crashes that even made some people lose interest in cryptocurrency. Some people were saying that Bitcoin was going to die, but the coin is still waxing stronger today.

Thanks for a little inside! I do think we shall all look after the ETH mainly, as, understandably from the facts, not all alts on it will make the pump to the moon. Currently, there is a little strait that would be a great entry point to see investments in ETH going up afterwards, in spot, of course. NFA.

If it's about the near future, yes, we should still expect a bullish surge, but this will not be applicable to many altcoins as most will not hit their ATH again nor show any special price increase till the bearish season. And by the "near future, I refer to about a year from now, there is still hope but what will not happen in general again is for coins and tokens to behave as they did in the wake of the cryptocurrency era, such movements might be over for good.

This is because the industry is too small for the huge number of crypto projects that are littering everywhere as the liquidity will not be sufficient to cause any huge impact like before. The last time I checked, we already had over 13,000 coins and tokens, I wonder how investors can satisfy that huge number with liquidity.

the reason altcoin sometime lag behind because in every bullish cycle there's time when BTC dominance just increases significantly and it basically means all the money got withdrawn from alts and moving to BTC.
currentt price action seems to indicates that, maybe it's great time to rotate investment to BTC or maybe we're too late i haven't found any good sign about it but i'm sure that once the BTC dominance decreases altcoins will have good boost.

but it's just that, not all altcoin will follow altcoin season, just like previous bullrun, altcoin that already gets abandoned by then market won't make come back, the one that gonna have good rally are altcoin that could make fast recovery in every dumping meaning the traders and the money flocked together in that altcoin.

even recent BTC pumps indicate increase in BTC dominance.

Based on the subject line yes absolutely.  Crypto is cyclical and will have a good run most likely into 2025.  Once the politely tension of this US election dies down and we get far enough away from the halving I think we see 100k+ bitcoin prices.  For me I'm looking at this as a good time to buy

Well, when we say that it will rise again, there's the thought that it had fell. It didn't fell but instead it's moving upwards and we're going to see more of it. But with those words too, it can be said that there will be another increase that we're going to see soon. You're right, it will be gradual and we'd definitely gonna see it too. And there's no doubt that because of the involvement of the big financial institutions adopting crypto and being here did really played their part.

You have to be specific on this, yes crypto is digital money so as the other methods of payment that we're using digital money for payment. While those, they don't have volatility at all but they're classified as digital money as well. Much better to say the exact term as cryptocurrencies.

I agree, I am pretty bullish on ETH and the opportunity on many other coins is closing up, so we need to finish our analyses, take the minimal risk where it's possible and get the profit which lies ahead.

I'm pretty sure that a surge in cryptocurrencies will happen again in the future. However, we don't know when this will actually happen. Typically, after a halving, a spike occurs the year after. It is very natural that currently there are decreases and increases in prices. I feel that this is like an opportunity before the price really goes up. Even though there is a lot of FUD news out there, I think most crypto users would think that a surge is in the future.

It will surge again when the time is right.

the tricky part with investing in crypto is that a market might look as if it's doomed with sudden price correction but it could be all just accumulation phase for all I know to resume the bullrun season eventually.
we shouldn't forget the fact that when the stock market are reaching their ATH bitcoin feels quite weak with the price and even with the presence of german government dumping BTC the market goes dipping as low as $sub 60k



but now stock market correcting, things seem to be fine with most of crypto, so I'm sure that BTC will just surge again eventually.
the demand is still there, BTC still got days with surplus ETF inflow, everything seems great.

from all that, I am optimistic that the future of crypto will rise again, and will gradually increase again with the presence of crypto projects such as ethereum bringing a big factor in increasing the use of blockchain including financial services, however crypto has experienced changes with the increasing number of US institutions accessing currency. Digital money is experiencing an upward trend, there is clear growth and fluctuation with many people expecting the market to bounce back after the halving, and that is a good sign and it is important to be aware of the risks associated with cryptocurrency investments.

This has always been a discussion in the crypto space and time allowed bitcoin to prove itself. Looking at history, you can see the dates of the halving and the dates where the price really took off. You’d notice that its price reached high numbers in no less than 10 months.

Example: Halving on July 9, 2016
- the price reached $2550 a year after from $598 a month after the halving ^[1]
- by end of 2017, the price almost reached $20,000 ^[2]

It’s only been 3 months since the last halving and with all the other factors in play, I can understand why bitcoin’s price is not yet pumping as a lot of people might want it to.

Stop being impatient and spreading FUD. Bitcoin has been called dead for more than a hundred times already but remains #1 among cryptocurrencies.

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reference:
[1]https://zerocap.com/insights/snippets/bitcoin-halving-prices/
[2]https://www.sofi.com/learn/content/bitcoin-price-history/

I agree, many people just expects the market to skyrocket in an instant after the halving but in reality and as our past indicates, it is still to soon for us to meet majority's expectations. However, seeing the market price of Bitcoin which is still close to its ATH, should already set a high base price once uptrend again take place; we may expect for a high market price ceiling on bullrun. I'm guessing that it will break $100k once bull season happens and this also would pull other cryptos in general for sure. This is most likely to happen this year or early next year so better take the opportunity to not miss the bargains on cryptos with obvious potential at this point. As long as the previous ATH is not broke yet, then it will always be a good market price to make an entry. Just keep in mind how promising Bitcoin and this industry in general is, which has been proven multiple times from our past.

As long as Bitcoin stays at the sharp of $60k and will remain there for at least the end of this year, I'd be fine with that if not that much move happens. But Bitcoin isn't like that, it's always been volatile and the surge is likely to come again. Start of the bull run or not, there will be another massive pump. This isn't yet the pump that we're waiting for, there's likely another one that's about to come and not just one yet even more.

Every time the market falls, the news media will always have it reported to their contents as if there's something new to see. The crypto market always is moving and very reactive and sometimes inversely proportional and directly proportional to US stocks and even globaly news. Whoever is losing his patience at this moment, you better prolong that before you do a mistake that you'll regret just like me on 2020-2021. I was too early to sell.

Fiat money is in big trouble globally, so crypto will have tons of room to grow in the next few years. Hopefully, the internet will survive if/when WW3 gets ugly!

Before the halving, we all know the hypothesis and history of halving and bullrun. We state the following;

• After halving the market will not start moving upwards immediately.
• It will first dip for some time and give a brief bull run.
• Many people will sell thinking that it is the bull run.
• But in few months time, the real bull run will commence.

This is playing out and instead of we to believe we are in the right track, we are instead fearful.

I think crypto will surge more than before this time because of the latest support. We all know big companies can manipulate prices, and everyone understands that people FOMO a lot. So, I expect crypto to surge more than it used to.

We do know that there would really be that something a pattern on how coins/tokens do make out that pump.

1. Bitcoin pump
2. Altcoin/Top solid projects
3. Meme coins
4. other...

Different trend or metas could really be seen on every cycle and lets see on whats the order of these pumps. If we do tend to look up some patterns
then we are really that heading there on where that bull run could really be something which way more bigger compared in the past. This is why it would really be ideal
that if you are planning to hold up some solid coins whether Bitcoin alone or with some mix of altcoins then it would really be your choice.
Its your money to invest on and not theirs.

Always bare up in mind that when it comes to future then there would really be no guarantee on which it could really be able to happen again or not.
It will really be having that cycle movement on which it neither be following on the same date patterns or not. Always expect the things on which to be unexpected
so that you wont really be able to shock yourself.

The crypto market will definitely surge again & we might not be too far away from it happening. Altcoins tend to have a slight lag on following Bitcoins performance. The halving was a few months ago now, I think Bitcoin is not far away from starting the second & most exciting part of its bull run. Altcoins will pump too, don’t get impatient, generational money is coming.

coincided with the decline in the United States (US) stock market at the close of last trading as well as the polemic in the US.
Referring to CoinMarketCap on Friday (19/7/2024) at 05:29 WIB, the crypto market is moving mixed. Bitcoin weakened 0.57% to US$64,008.72 despite being in the positive zone of 11.29% on a weekly basis.

Ethereum was in the green zone 0.66% in the last 24 hours and in a week experienced an appreciation of 10.43%.
Solana appreciated 1.85% daily and rose 16.6% in the week.Likewise, Toncoin strengthened 1.77% in the last 24 hours while in the last seven days it weakened 0.35%.

CoinDesk Market Index (CMI), which is an index to measure the market capitalization-weighted performance of the digital asset market, fell 0.73% to 2,517.35. Open interest appreciated 0.46% to US$62.99 billion.

Meanwhile, the fear & greed index reported by coinmarketcap.com shows the number 57, which shows that the market is in a neutral phase with the current economic and crypto industry conditions.

Quoted from coindesk.com, the crypto market fell again at the start of trading today along with the continuous decline in United States (US) stock prices and circulating speculation regarding the presidential election race.