I hope that the market situation for this year will not be like last year with some improvement in the prices of cryptocurrencies. Some are optimistic about possible surge of some coins like ethereum with its upcoming hardfork. Many altcoins have been in price uptrends like waves, trx and hot so I believe that the market this year will be different than last year.
There is not much response from the investors to the upcoming ethereum hard fork because the prices of ethereum keep declining so you also need to keep ignore those manipulation hard fork and just keep focusing and the bitcoin investment heavily then considering about the altcoins.
Topic: Why the Crypto Market Remains ‘Moderately Bearish’ in 2019 (Read 596 times)
I hope that the market situation for this year will not be like last year with some improvement in the prices of cryptocurrencies. Some are optimistic about possible surge of some coins like ethereum with its upcoming hardfork. Many altcoins have been in price uptrends like waves, trx and hot so I believe that the market this year will be different than last year.
There is not much response from the investors to the upcoming ethereum hard fork because the prices of ethereum keep declining so you also need to keep ignore those manipulation hard fork and just keep focusing and the bitcoin investment heavily then considering about the altcoins. 
With the exception of Ethereum, which seems to have started the year with all guns blazing ahead of the Constantinople fork
see the current ETH price:
January 4, the ETH price was $156 and in relation to bitcoin it was 0.04 BTC
Imagine who bought ETH on January 4?
this is the great problem of this crypto world.
If someone says: " BAKKT was launched today " the price suddenly rises, even if BAKKT are not yet buying bitcoin. the price increases only because of news and not because there was a lot of demand that justified the increase of price.
The prices of top coins are dropping very cheaply...
many of these altcoins only solve the problems of the internet and there are many Copy/Past projects, so you can not expect them to increase much without a pump and dump scheme
Crypto is bearish in January and February thats all.
Beginning of the year is Always a bit hard for crypto because people dont have the time, money and will to invest. Even as a crypto holder myself I'm not investing at the moment because between the end of the year spendings and the New year taxes I dont have much to invest...
Just give the market a month or two!
Beginning of the year is Always a bit hard for crypto because people dont have the time, money and will to invest. Even as a crypto holder myself I'm not investing at the moment because between the end of the year spendings and the New year taxes I dont have much to invest...
Just give the market a month or two!
tax season is approaching, true, but 2018 was a year of huge losses across the crypto markets. most investors probably had capital losses, not capital gains. so i don't think upcoming tax payments are playing a big role. holiday spending may be a factor......post-holiday consumer spending usually declines so that might apply to investment too.
overall though, i think we're just reeling from the november crash. nothing too surprising here.
I hope that the market situation for this year will not be like last year with some improvement in the prices of cryptocurrencies. Some are optimistic about possible surge of some coins like ethereum with its upcoming hardfork. Many altcoins have been in price uptrends like waves, trx and hot so I believe that the market this year will be different than last year.
You need to cut some slack the year is just 27 days old, and you're making an assumption of the whole year already. It 2019 so far there hasn't been anything to consider bearish about the market in my opinion, we are only simply because of how 2018's market was.
That's really frustrating to see the CMC chart. The prices of top coins are dropping very cheaply, I was hoping for a massive pump as the first priority but crypto has some other thoughts. I think some big whales will be behind this downfall.
We need to stay focus as the market is still not doing good. Those who can wait will get their own reward if they will continue to stay positive even with this bearish situation. We know that this bear will get tired with the coming of good news and more adoption and that's we need to be patient for that to happen. Yeah whales had taken control of the market as many newbies had been panic to sell their coins when the price is in downfall. Hold-on and be optimistic.rise while we are waiting for more adoptions and updates, big investors will soon to recognize the potential if they've seen competition between businessman are all strong.
That's really frustrating to see the CMC chart. The prices of top coins are dropping very cheaply, I was hoping for a massive pump as the first priority but crypto has some other thoughts. I think some big whales will be behind this downfall.
We need to stay focus as the market is still not doing good. Those who can wait will get their own reward if they will continue to stay positive even with this bearish situation. We know that this bear will get tired with the coming of good news and more adoption and that's we need to be patient for that to happen. Yeah whales had taken control of the market as many newbies had been panic to sell their coins when the price is in downfall. Hold-on and be optimistic. 
The market needs time to recover and still needs time to foster confidence in crypto currencies to increase adoption rates. It is still difficult to predict when the bear will disappear, and you better keep calm with the current market conditions.
Time will heal the wounds and this market will be great again. I don’t see specific reason for the early dump this year but I think we are still not recovering from the previous bearish trend. Bear will really disappear in time and it can happen if we start to think positively and encourage people to invest.Maybe there's no dump yet because the bears is already exhausted at this point. But it doesn't mean we are in the road to recovery, the market conditions will be pretty much stagnant and will go flat line so it means that the market will continue to bleed
Agree, stagnant prices don't bode well for Bitcoin's growth
It is only a matter of time till someone big decides to cash out and then an avalanche of sell-offs will start like it happened two months ago. And this cycle can repeat itself many times before we start to feel a real bottom under our feet. Same thing happened in 2014-2015 as we spiraled down with a few stops here and there. In 2013 we reached +$1100, then for some time we traded at $600, after a while crashed to $400, and finally ended up with prices below $200 before the real growth began
I completely disagree with most answers here.
Crypto is not bearish in 2019. Crypto is bearish in January and February thats all.
Beginning of the year is Always a bit hard for crypto because people dont have the time, money and will to invest. Even as a crypto holder myself I'm not investing at the moment because between the end of the year spendings and the New year taxes I dont have much to invest...
Just give the market a month or two!
Crypto is not bearish in 2019. Crypto is bearish in January and February thats all.
Beginning of the year is Always a bit hard for crypto because people dont have the time, money and will to invest. Even as a crypto holder myself I'm not investing at the moment because between the end of the year spendings and the New year taxes I dont have much to invest...
Just give the market a month or two!
We all know the answer.The crypto whales don't want to buy,because there's no room for hype.All the newbies and small traders,all the "stupid money" need hype and FOMO,in order to start buying btc and pump the price to another bubble.
Before the last year's strong bullish trend the market was the same as now, by that time people were not this speculative about the bullish market. All of the sudden the growth took place in unexpected time period. Once after that people began to have a mental thought of bitcoin growing higher. To that things took place in the opposite way, which people cannot accept even though the ongoing bearish trend is a common thing.
I've got your point there, let's do patiently wait bitcoin recover itself although itis now remains bearish nothing permanent price in cryptomarket movement everything will have a volatile reaction and we are still hoping that the time of bullish market will come. 2019 is still no good news but yet we are still on Q1 of the year hopefully in the middle of this year there's progress. 
Before the last year's strong bullish trend the market was the same as now, by that time people were not this speculative about the bullish market. All of the sudden the growth took place in unexpected time period. Once after that people began to have a mental thought of bitcoin growing higher. To that things took place in the opposite way, which people cannot accept even though the ongoing bearish trend is a common thing.
The market needs time to recover and still needs time to foster confidence in crypto currencies to increase adoption rates. It is still difficult to predict when the bear will disappear, and you better keep calm with the current market conditions.
Time will heal the wounds and this market will be great again. I don’t see specific reason for the early dump this year but I think we are still not recovering from the previous bearish trend. Bear will really disappear in time and it can happen if we start to think positively and encourage people to invest.Maybe there's no dump yet because the bears is already exhausted at this point. But it doesn't mean we are in the road to recovery, the market conditions will be pretty much stagnant and will go flat line so it means that the market will continue to bleed.
Bearish market that we witnessed in 2018 has been transferred to this month and that do not mean the bearish market is going to continue. If you are a trader you will need to understand that most year at this time cryptocurrencies market behave at a stagnated price it is from February that we do see bull run.
If will definitely continue in 2019 because there are no catalyst so the bearish market will continue, sad to say. So experience traders either continue to buy more during dips or just going to short and squeeze every ounce of profit so its going to be hard to see recovery, unless a positive news will propel the price, but so far we haven't seen or heard anything.
The market needs time to recover and still needs time to foster confidence in crypto currencies to increase adoption rates. It is still difficult to predict when the bear will disappear, and you better keep calm with the current market conditions.
Time will heal the wounds and this market will be great again. I don’t see specific reason for the early dump this year but I think we are still not recovering from the previous bearish trend. Bear will really disappear in time and it can happen if we start to think positively and encourage people to invest. 
Bearish market that we witnessed in 2018 has been transferred to this month and that do not mean the bearish market is going to continue. If you are a trader you will need to understand that most year at this time cryptocurrencies market behave at a stagnated price it is from February that we do see bull run.
Shitcoins, despite their multitude, are inconsequential
I don't quite like such statement, far too broad IMHO.
You don't like a coin, call it shitcoin all you want. But the fact is that inside all those new coins, most of them have low technological value or usecases but SOME OF THEM have something unique. Be it usecases like ETH and ICO or technological differences like Monero or GRIN. It's easy to call everything not bitcoin shitcoin but it's unfair and innacurate. There is value everywhere including in the altcoins
I understand your pain
And to alleviate it somehow, let me tell you that I in no case consider all altcoins shitcoins. In fact, far from that. If that was your first thought, you can now safely abandon it. I don't know what ICO is unless you refer to Initial Coin Offering, of course (though in that case it is not clear why do you mention it after Ethereum), but to make things clear, I don't consider Ethereum a shitcoin, either. While it is certainly easy to call everything not bitcoin a shitcoin, I'm far from that as well. Quite the contrary, some altcoins are quite useful and can even be Bitcoin's proxies as a means of payment for daily necessities (for example, Litecoin)
Shitcoins, despite their multitude, are inconsequential
I don't quite like such statement, far too broad IMHO.
You don't like a coin, call it shitcoin all you want. But the fact is that inside all those new coins, most of them have low technological value or usecases but SOME OF THEM have something unique. Be it usecases like ETH and ICO or technological differences like Monero or GRIN. It's easy to call everything not bitcoin shitcoin but it's unfair and innacurate. There is value everywhere including in the altcoins.
Well, that means if you have bitcoin you sell bitcoin, and that's it, however if you have litecoin then you sell your litecoin and buy bitcoin with it, sell your bitcoin and get fiat. Which means litecoin is losing value by getting sold whereas bitcoin stays the same because it is both bought and sold. That is why whenever people get out of crypto in general bitcoin still drops but drops a lot less then the altcoins that are getting dumped
That's a poor man's logic
You could just as well say that if someone sells their litecoins for fiat, Litecoin loses value and that would do just fine as an explanation. In other words, you will have to leave no stone unturned if you actually wanted to find an exchange that would trade Bitcoin for fiat and would not trade Litecoin for the same fiat at the same time. Obviously, it is not the case with most shitcoins, but who cares about them and their holders anyway?
he just used a bad example (litecoin) to explain what has been also explained before. it is not about the most popular and the oldest altcoin which happens to be listed on major exchanges that trade it with fiat. it is about other 2500 altcoins, specially the big altcoins that are being traded with large volumes (get dumped on large scale too) but don't have fiat market or if they do, they don't have it on major exchanges. for example someone who uses Coinbase as his bitcoin trading platform and Binance for his altcoins, has to sell for bitcoin, then transfer that bitcoin to coinbase and sell for fiat. and that is why bitcoin drops when there is a gigantic altcoin dump going on
Shitcoins, despite their multitude, are inconsequential
Even if their numbers are in the thousands, their effect on Bitcoin's price is likely in the thousandth of a percent. In any case, this effect wouldn't be greater than the margin of error provided Bitcoin is actually used as a conversion device (which itself adds another level of doubt). People with shitcoins use exchanges where you can exchange them directly for fiat without the hassle of multiple conversions (for example, Cryptopia)
If anything, it is Bitcoin's price moving a couple of percentage points with shitcoins crashing like there's no tomorrow
Crypto is bearish because markets don't jump straight to bull rally when they reach the bottom, usually there's a long period of stagnation, and stagnation means uncertainty. You can't say the the bottom has been passed until you can say for sure that the bull market has begun. If we extrapolate the past patterns, we can predict that most if not all of the 2019 will be marked with stagnating bearishness, and maybe only at the end of it we'll have signs of recovery. After all, there's a halvening in 2020, and this is how it played out in 2016.
Jump to: