Bitcoin Forum

Again, no one really knows.

But how can you say that trading volumes now are low? it isn't low if it will become low then the market would react and goes lower than where we are right now. I guess you have tired waiting for the promised bull by many good predictors and even your own expectation's saying.

I am still very much long the market, but by looking at the top 10 coins it seems like we are at the lowest trading volumes for the past year at least (on average).  This might actually signal the end of the bear market, where sellers exhaust their run, but bulls are still too cautious to jump in as the bottom might not be there yet.

Who said that we are at all times low ? currently we are sitting at $209 Billions while a few months ago we were sitting at $180 Billions.
another thing is will Bitcoin break $6k mark ? it will if something bad or fud happen, but currently i do not hear any bad news from Medias. The only thing that i heard is shitty talk about Bitcoin from economist, but they treated it as a joke nothing more than that.
personally speaking, i believe we will get another down but it won't that much only a little retrace from where it started because a lot of people are expecting the market to recover in november or around that.

There is more than just one major stable coin available now so there will likely be a bit less of a disaster should one fail to maintain its overall stability and trustworthiness

This doesn't mean that the market won't dip in the event that one does it's just better positioned to absorb any major fluctuations resulting from an event like this

It's low on this period. You can't compare the latest volume with last year or even whole period volume chart of crypto. it's not fair dude. Rejection of ETF means bearish, Bad news related to the taxation and regulation also means bearish trend for crypto, even fake news gives bearish trend to the crypto.

And after the next intensive recession, people will believe in a complete collapse. It is not known how the market will move on, but now stability is visible, which can serve as a harbinger of another breakthrough, it would be great for everyone if it were up.

I would advice anyone that can't stomach the drop to get out now because the short term state of the market is very dicy, keep fiat for yourself to be able to withstand the storm, I am just long on the market now and I think any rational investors also should be long on the market also instead of piping and looking to see how it is doing

We have had quite a long period of stability now, and we have well established lows. I do expect some movement soon. As you say, if we drop through the support threshold then we are into uncharted waters again and could have a significant drop. However resistance does seem strong below the current price points, so I think bull is more likely than bear in the nearish future.

I'm not sure about stablecoin issues. Trading back to fiat is difficult, and if people are unwilling to trade to a stablecoin, I think that makes it less likely they will sell at all.

Thinking positively will make you more calm, I see the market looks stable even though the volume is low, and bitcoin will not fall too deep, conditions remain stable. Only patience for stablekoin to keep having value and will also increase later, let's just say this is a temporary game.

I don't know if there is going to be a dive after this long stable period. But we could also see a little rise of the cryptocurrencies.For me, i think there is more chance to see a little rise than a big drop now.

What's not fair? this is how volatile works.

We see that the market isn't so good today but we can't predict what will happen next time. Its either it will be better or nothing new or gets worse. Don't rely with those ETF's, the market can stay and depend on its own even without those. Bear market's usually comes after the great pump.

I understand what you feel right now but this market dumps so many times this year and I think many people are used to it already. Calm down yourself and don't panic, bitcoin is still above $6k level and I think its a great support now since we are about on it for months now. We don't want to see another dip for bitcoin but don't close your door for that just be ready and do the right thing when the price of bitcoin dumps again, you can buy more.

There is no sure profit in any market, try to be a risk taker and don't panic easily. Time will come and we will be on top again, believe on that and wait patiently for that moment. :D

I am sure that only one turn of the market will be when no one expects it! you'll see, everything will be so

dropping less than 6000 dollar means the market cap drop lower than 150billion, which unlikely to happen.

Will this year go to the lowest point again? where will the price of BTC fall free and the price is below 4k according to you? all the coins that I hold the price dropped almost 10 times the purchase price

I understand you very much, my investments also fell only 4 times. We hope that by the end when we see Bitcoin 10 000 $

A collection of obstacles is a lot of friends there and I think it is difficult for BTC Down to 5k, then I think there will be a high pump next.

So it's ok I think. Any situation might be good for you. If volumes are low then you can buy more. If volumes are high then you can sell more.

This is hardly true plus I think we've gone past the issue with stablecoins. In case you do not know, BTC has been stable around the $6300 region for a while now, chances that it will break the $6k mark are very slim

In any case, we have already seen the cryptocurrency market. I really hope. Well, we will not watch the second series of falls. It seems to me that users of cryptocurrency have already lost a lot this year and further negative will only contribute to the destruction of the future for cryptocurrency.

It's hard to say with absolute certainty but I don't think that such an event is coming. 6k bottom has held strong and market seems to be in consolidation. The only real concern I have regarding potential further falls in the overall market are around stablecoins that you mentioned. If Tether were to go under in some sort of exit scheme then that would inevitably have knock-on effects to the market. I don't think that would happen at this moment in time but that's just based on gut feeling than much else. I suspect if tether was going to collapse it would have been more likely to happen in the early parts of the year when the price went from 20k to 6k

There is no sign that there is going to be a downwards free falling event. In fact, the charts show that there is going to be a break out soon so it depends on how you look at it. The fact that there is no clear indicator shows just how unpredictable crypto is

They won't see the good part of falling, they will never buy unless the price will pump for a while. Going to the safe haven, just buy bitcoin now and don't choose any altcoin if you are doubting the volumes. You don't have to trade and keep it until the price goes up. We can't hold and control on how long this bear would stay but as long as you are holding and adoption's are coming, you're good.

I don't think so :). At the moment, whole market is stable or just fall a little bit. I don't think the whales will keep whole market low like this, there will be a big pump before Christmas for sure. I believe everything will be the same as last year ;). Try to be patient.

All the experts are says end of the year it will move to huge hype but we should not predict anything in this year. Because last four years chart was mostly equal in price variation but this year unexpectedly many issues are created in crypto market. So before christmas this will going to pump or dump is possible but I expect 6k USD is a fixed price so this will never fall in below 6k USD.

The 6k support level are still strong enough to handle this situation IMO. Just let see what the price will be after SEC decision are approved this or not, cause I think some of trader are still wait & see this news before they start trade their asset, At the end of this years are just so crucial for cryptocurrency market.

i don't think that there is a dive in crypto prices, its hard to predict this day

I think stable coins will not have a big impact on the fall of the market and bitcoin is still an indicator of all movements, whether going up or down.

Do not cause panic, investors are already holding their assets on the last breath and hope that growth will come by next month. And you ruin their expectations, of course, we forecast a decline, but we didn’t want to.

I find it hard to believe that it could fall below the price it costs to mine, if it does prolly not for too long because the miners wouldn't mine it if it weren't profitable or at least break even after the energy costs

I think BTC wants to get strong support in $ 6000. This is a good step for BTC, I believe BTC will be the bullish trend soon.

There are possible that it may down again, but all of us need to be strong and patient because after the dip it will recover again and reach the better condition of the market.

Trading volume always get lower as we move towards the apex of a sideways triangle, as that is something normal. At this point now, a lot of traders are waiting for a break out to see the direction the bitcoin market most especially will take, and in such case, the only thing required at the moment is just patience and nothing else. Like you said, bitcoin breaking downward or upward is what would really determine how things would end up in a short period of time as the case may be. So at this stage, the thing is we can only wait to see how things turn out.

Exactly and there is absolutely no way anyone can know? It is a market and the chances of seeing the market experiencing some less volume in a sideways action at the moment, is something that is very normal. Trading is still going on however, but once we most definitely start seeing a break out to some extent, we most definitely will see market participants popping in and trading the break out and that is when you will understand the volume is still pretty much there one way, and it is only the sideways market that has not really bring about much activities at all.

Yea u are right there is some strong resistance at 5.5k-5k and 4k. İf the price of BTC will break 6k I am pretty sure that we are going to see 5k. I don't think 4k is a strong possibility but possible.

when bitcoin can reach a price of $6k again, it will certainly be a lot of panic and surely many will try to buy again because the price can fall as cheaply as possible, take advantage of this cheap price movement while you can because when bitcoin has reached the maximum limit, bitcoin supply can be very expensive again.

I think that the main decline is still ahead, the psychology of its participants rules the market, and as statistics show, they are not very active, which means that prices are waiting for cheaper

Yes,its true that as of this moment we are seeing another crypto price were diving but in this situation its normal that the price was goes down and in the next goes up.

Does this topic has been discussed here several times? I guess, yes. My answer is none of us here don't have any idea what will happen in a few hours, tomorrow, for the coming weeks, or months so on and so fort. I think why the market is red now it is because most traders don't want to have a big loss to their capitals that's why they hold their coins, so meaning the active traders is not that many as we expect.

I agree with you, the volume of Bitcoin is getting lower if it breaks from $ 6000 then the support to $ 4800
but if we see it is really below it is difficult to penetrate $ 6000k

That being said, I would still say that none has the ability to know if the price falls again. What we can do is to prepare ourselves for the worst and have a backup plan in case it happens. Going all in on one coin is not recommend since the price is always unstable. Even if you are the greatest researcher in the world, you will not be able to predict the price of the market since it depends on the supply and demand.

Yes, it seems like we are at the lowest trading volume but that does not significantly mean or proof that we are at the end of bear market of this year and like you said bulls market are still too cautious to jump in because we haven't reach the bottom price.

The rule is that there is always a big rise after a fall and on the average, we witness growth in the market. Besides, about the dive in the market, I would say it is just the result of your analysis and not an aggregate analysis. The market has never been predicted accurately and up to 100% so we are still uncertain about any speculation. However regardless of what will happen, we should rather focus on how to deal the situation and keep the profit margins high.

another dive actually not depends on volume market but bad news really shocking like china banned cryptocurrency or SEC rejected ETF, i think market volume is better than last month

I wouldn't think too far, and I still believe that the market will show the green price for many coin and bitcoin will still increase. Maybe there is a correction that will happen soon so the price can increase higher. I don't want to become panic if the worst moment comes and I think I will make another strategy if the market shows a real fallen. But we are still at the $64xx and the price now is green so I think we need to prepare if we want to sell some bitcoin.

I think we have somewhat stabilises this last couple of months so I would say that we won't see another nose dive unless there's a negative news that will put some dent because people panic again. But I haven't heard anything yet, actually there's a lot of positive news, however, not enough to push the price though. Still, investors are reluctant and are willing to wait before FOMO'ing again.

That is always the thing, as some are accumulating through the dips and holding on to what they have, some are busy and busy just panicking for no reason at all. This is a market and there will always be fluctuations, with the most part of it being that no matter what, the same market that goes up will at some point come down and vice versa.

The thing is to always just anticipate for anything and make decisions based on your own strategy and if you have no strategy at all, the best strategy is to just buy the dips, if comes more, then buy more and hold. Sometimes, the best strategy is just to be smart.

People are too impatient to wait that's why they have to ask everything since it was taking too long for them to wait and i think they cannot take it anymore to see that most of their coins in their portfolio is shrinking. But then again, no one could tell on what is the exact price or are we going to fall or going up to moon.

it is not about the wait that makes them ask this. it is about all the false promises that have been broken and also all the losses that they have been experiencing.
when most of these who are asking such questions, started, they were promised a huge return and a fast one. ever since that promise they have been losing money while newer promises were made encouraging them to hold and wait for the pump that never came. so now they are in a huge loss already.

This will occur a mega-Corporation. They will control the territories under their control. And already the person will decide to what decentralized Corporation he will join.

I don't think we'll see another dive. Looking at how everything has panned out this year so far, I think the lows are quite well established now. There is a lot of resistance there. It is starting to look like we are gathering strength for the next rise. The long-term future of crypto still looks great, so I don't think there is reason for concern. I'm sure there will be more bumps along the road to mass adoption, but the long-term trend is still upwards - it's just that this year so far has all been about the aftermath of that massive rise that started in December last year.

Especially such a simple setup for mining I have not yet met. Previously, for example, to mine, it was necessary to study a lot of information about this and have at least some basic skills in this and knowledge.

For achievements in science or work will be a separate accrual of credits and incentive prizes from the crowdfunding community. So is the future we should wait for him a sin not to fight giving resistance to those forces.

There’s always a strong possibility that most of the altcoins will follow that decline, with the current predictions most of the major altcoins may fall as we close the month of October, however considering the timeline if these happen it will give us more rooms to stack up more coins.

I would not be surprised at anything, since even the first summer of 2018 We were fed with promises of positive changes in the region, then I can September. Today is the turn of October, But so on until the end of the year, and as a result No changes.

no matter how extensive research you do, investor can change their mind last minute, we never knows. just ride  the flow and enjoy the ride.

Changing is normal when investors sees their money is being dumped.
Don't be also too trigger happy with what's with the market now.
Rise or fall, you should know your status on the market.

The crypto market continues to be bad as the red coinmarketcap continues for several days. I hope there is a breakthrough in the crypto market to change this bad situation.

There's a lot of my alts lossing their value due to the price drop of Ethereum. I don't want to sell them at a loss so I'll wait for ETH to go  $300- $400 at least. Yes that's right, cash out your alts every now and then and not just leave all you money n cryptocurrency  There's only fear once  you put all in here. Cryptocurrency is very unstable.

Many things must be learned well, and the market will be good if you see good news about crypto. But now the market looks stable and not so alarming that we can calm down to deal with this situation. For Stablecoin it seems that it must be patient with this condition, and unfavorable news can make its holders faint with panic, be patient and wait for a good time is an action that can be profitable.

You are perfectly right mate,i dont know wherr did OP gets his data but for sure thats quite annoying as we have gine through the bottom of 180$ billion ,and now were 30$ billion up and not getting any lower so I believe that were only waiting for the bull to come as the bottom has been passed already

I see, on the contrary, that current stability allows attracting new investors when there is no huge volatility. We can also trade on crypto exchanges in some ranges. People leave the market with a large collapse in prices, and they return with growth. Engage in trading. Do not expect someone to raise the market for you.

I think the possibility of BTC being dropped below $6k again in the next 2 months is quite low, the possibility of increasing to $7k ~ 7k5 is higher.
Of course nothing is certain, but I believe in the ability of the BTC.
So I decided to buy more BTC for less than $6k5.

There are no other dives,how do you think like that dude look at the current value.BTC still stays above 6K and you know first if the BTC value goes drop all ALT values rises up and over time there is often an increase and it might repeat itself,so I think we should look back at that time.

I dont see any signals of diving at this moment, the support for bitcoin is stronger than ever and there is only upwards sentiment right now. We may not see the regular bullrun but we will see some pump in the November as we have positive news coming up.

It is always going to be hard to predict anything. It is the crypto space and one thing that is certain in this space is that it will always be volatile and even though it reduces in the long run as a result of adoption and real life usage, one way or the other, the volatility will still somehow be there.

Will there be another dive in crypto value? That is something we will just have to leave for time to answer. One thing is certain now; any chance of us breaking $5700 lower, the chances of seeing a selling spree in the market will most definitely be there.

That is what makes it a market anyway as it is always meant to be unpredictable in most cases. I believe as long as no one can see the future, all we can just do is to make guesses and assumptions.

We have already seen a huge dive in the cryptocurrency space with a lot of altcoins hitting their historical bottom, so in this case, i would rather just be waiting to see how this moment onward will come as well as picking the bottom knowing it is an easy buy at this stage. Most of the markets have been crazily oversold at the moment and possible reversal from here may occur.

I read some statements by experts in the field of cryptocurrency market, which predicted a big surge in dreams of a higher level of the market as early as 2019. All explain such opportunities with new investments from big business. Perhaps we are talking about the money of Wall Street and heavy industry, which will send their investments in cryptocurrency.

Only people who believe in high technology can invest large amounts of money in cryptocurrency. Something like a man like an Elon Musk. But the remaining billionaires want quick profits and will invest in gas or oil, rather than cryptocurrency.

I am actually expecting we may get to see some boost in terms of prices pretty soon but that would depend on how bitcoin ends up before the end of the year.

Q4 though has always been known to come with pretty good growth most of the time, and I believe that with a good chance for bitcoin to take to an uptrend by breaking the current triangle, we might actually have a possibility of seeing the whole altcoin market trying to make an attempt towards the moon. However, we just have to be patient to see how things will turn out as nothing right now is predictable.

No one knows what will be happen but like you if some any changes in bitcoin like moving up I think we can recover to our profits from bearish market. Hopefully if there's another changes in the market I wish that we can move up even it's hard to predict what will be happen to the market if it's still stable or we can move up or down again.

Most of my friends  that also work with the cryptocurrencies (me either) decided again to invest in Bitcoin when it was about 6 thousand.  We are waiting now for the cryptocurrency growth.

In any case, even in the default Bitcoin Core, you can adjust the Commission independently from the minimum to pass through the network and above, so that the transaction is faster.

If the price is below 6K, it will be just a spike. It happened before. I think that large holders and miners will not allow the price to fall and consolidate below. The first can receive a margin call, the second will be forced to stop mining.

I don't like the picture I see on the market. I was hoping to get good prfit in the nebd of 2018 but looks like I will lose some of my money(

Dear God I hope price don't fall too much. It was rough year and I so want to have my profit!! I invested all my money(

We saw many times how prices were jumped up and down so I don't think we should start panic here. The end of this year will be good I believe in this and we all get your money as we expected)

I have many doubts about market condition and I don't see large investors here during last months( I hope next year will be better than 2018

I did some researches and I still hope that bitcoin will grow further and other coins will follow it. Because bitcoin is the leader on the market

The picture is not so pleasant for many investors. Market grow very slow( I don't know what to do with my coins at this moment((

This is correct, we can't presume that it will dive at the lowest point this year, you can buy more if you still believe to crypto that it will rise someday remember we don't have the exact date as to when it will rise again or fall if worse comes to play however we can see some improvements this coming November and December as expected by some people who speculates the market.

I don't know how to stay calm in this situation. I am holding my coins but I don't see any good perspectives for them in the future

I know that this market is very risky but I didn't wanted to worry such way about my investments( Every hour I am checking prices and I don't know how to stop panic(

It is necessary to more adequately look at the behavior of prices on the market and understand that without a reason, it will not be able to fall anymore, but it will be able to grow from it. Therefore, follow the dynamics of prices and trade wisely.

No one knows what will exactly happen as this year is ending. But if we would base on the current market situation, the outcome for this year might be the opposite of last year's. Until now, no recovery is happening but it should still not be a reason on not to hold for a meanwhile because selling would only result to huge and complete profit loss.

i checked coinmarketcap and volumes and i can see that in october volumes became less for few billions a day, there was some activity for 2 days in mid of october, but comparing to previous months as i can see volumes really became a little less  >:( hope that december will be more productive for traders and volume

Now the price of bitcoin and cryptocurrency is became a unpredictable one.Even the experience traders having a trouble to predict the market.The only solution at this point is hold your valuable cryptocurrency till this year end.Last year also their is some good movement in bitcoin price.We can expect the same in this year too.

I hope for the best and I don’t think that there will be such a massive decline already, the bears are exhausted. The fact that the volumes have fallen is considered normal and can be corrected as easily as it comes down, so it remains to wait for action from the kings of the market.

Is there a proof if there was no a possibility for crypto to dive to the bottom? This is a speculation market dude even bitcoin seems a very strong right now but when there will be a bad news and whatever strong bitcoin is and then it will fall again. I would not expect crypto just like a stable currency like fiat.

I don't think you can sit back and say we might be in a free fall for some time again. Bitcoin and great altcoins are actually volatile and you really can't predict the right thing 100%. And the trading volumes does not have any correlation with the bitcoin and altcoin's prices.

After a large decline in the market many people decide to stop trading and only monitor or partially do so for a long time. This causes the volume to run low, but I think Bitcoin still has power so that it won't happen, yes to go through the decline in 6k it needs more bad news but we all certainly don't expect that. We must continue to believe that bitcoin is able to rise.

It looks like another attack from the whales to test the support of $6000 for bitcoin, if it will be taken below that price, we can expect a panic selling from thousands of investors. I am also shocked with a sudden fall off today even if there is no such crpyto news that may bring negative big impact with the market. Maybe it should be expected since stock exchange also experience the same thing? We better pay close attention to the crypto price movement if this will continue or just temporary.

Throughout this year, BTC never showed any impressive sign. In the next year coming, I see good times for the cryptocurrency ecosystem. I sincerely believe that this is the time to invest for remarkable returns in coming year.

If we take into account the diesel locomotives that provoked until today relative to 2019, then we expect really big investments from fairly large investors. I think that this is a new stage in the evolution of the cryptocurrency market.

Most probably, we will see a deep dive down below across crypto prices. There isn't any guarantee with crypto and risk will always be involved in any investment. Peaks and troughs always happen which makes coins alive. Be ready to catch falling knives and use it to your advantage in the future.

In fact, today, you can lay out anything, and predict any options for developments in the cryptocurrency market. But it is also necessary to take into account the fact that all these negative forecasts have a very negative effect on the development of cryptocurrency. We need to think about the state of the cryptocurrency market and about those provocations that only make things worse. We risk killing the cryptocurrency market.

i think it is possible to go down ones more. because price is stuck around this level for so long. everybody says that it is gooing to break either up or down soon. we will wait and see.

Market is still in a correction. No one really knows when it will over.  It will be good to see bitcoin hold above $6K level.

Indeed true. This is a proof that the negative market situation makes the investors paranoid of what tomorrow could bring. Due to the lack of stability in the market, the behavior of the market became way too unpredictable. But that is an enough reason on not to sell at this early and make waiting a habit for now to be safe from complete profit loss.

Well,.so far that has been te strongest support for the year and so i think qhat you're saying is true. We really need to stay above that.

Yeah sad to say this struggle year will give a lot of hurts from the hodler's, entering the month of November another price decline again of bitcoin.
Hope next year the bull run will begin early first week or seconed week of fist month hope have an good signal for price increase.