Bitcoin Forum

Hey frds what you think is this is a correction before altseason 2021 bcoz major coins are in support range .

Correction? What is happening now according to your correction? And I don’t understand, all that growth that we have been witnessing for several months is not an alt season for you? In my opinion, the alt season is already underway, and for a long time, which means that in the future we will have a very long and very deep correction. What is happening now is probably the beginning of this collection but one cannot know for sure.

Normal.
You see that often when the market has been at the top. A very normal correction and I say that it's necessary to happen because you're looking at it the way that it usually happens whether there is or there's no bull run.

I don't think the so called alt season will come this year. What I have observed was early this year Bitcoin and altcoins prices are move in the same direction. When Bitcoin moves up, the altcoins follows.

That is likely a short market correction. A day before, the price of most altcoins is increasing significantly. And many of them are increasing with high percentage. And now, it is having a short market correction, but it is also for certain coins only. and that is not too deep. Check on coinmarketcap where the price still keeps going increasing for some coins, moreover top coins.
Positive trends may be still ongoing

This is just a pullback and not a huge correction, if those good coins/tokens was able to rise again then we can confirm that we are on a bull season with altcoins.

We’re waiting for this since last year, its too early to kill the uptrend with altcoins. Keep holding and don’t panic, this is just a small pullback.

Absolutely that's what happening nowadays, and with respect to altseason it's always been a tentative year. We didn't even know when it would be commencing because bitcoin support still strong. I've observed that bigger investors were more focused with major coins that also had a more efficient capabilities to bounce to highest price. Altcoins developers who left their respective projects is starting to divert with btc and eth, that's making it too difficult for alts to soar higher.

That makes sense.
The correction is happening before the altcoin season but i kinda feel this will be quite difficult to be a real thing for sure and why? the altcoin season already happened and that's a common thing to see the market gets a small correction.

The major coins are not yet touching the support range. The correction after a big bullish trend is an old trend.

I think that it will be going back again later.

What correction are you talking to? The price now are in greens and i dont consider it to be a correction but rather a typical market price movement in a short time.

When we do talk about altcoin season then we are currently seeing that some of them are now increasing.We cant still say yet that this is already the start

but we can presume that it is actually starting so this will matter on risk management and this will be a different decision for each person or investor.

It can be, but not sure to say a correction before altcoin season. We may be already in the altcoin season since a few months ago, also it is normal if there is a correction after some increases in the crypto market. But if we consider previous corrections, it shouldn't last a long time. They will last several days or a week only, but there is no guarantee for the same scheme for sure. However, as we are in the altcoin season, don't worry so much about the correction. Just hold your coins and wait for the next pump!!

Altcoins have been mooning for several months now and plenty of them have touched the previous all time high and even created new ones and yet you guys still think that altseason hasn't started yet?  Markets has been red hot for months now and buying any altcoin now simply means we're buying the top so we should be careful. In the micro view, it might look like we are at support range but when you go on much bigger time frame, you would see that we're swimming in uncharted seas at the moment as there's no prior price history at this levels.

the price of altcoins has been stagnant for years, I am talking about the price of altcoins in relation to bitcoin, you want to know when and what altcoins will increase in price, right? but no one can give you that answer for the following reason:

in the past the price of many altcoins increased was due to the ICO, so it is difficult to know if we will ever see a race like the one in 2017 that happened with the altcoins

my advice would be that you just look for credible projects that have a lot of usability


you are talking about a price increase in relation to the dollar which was thanks to the bitcoin increase, altcoins did not have a big increase in relation to bitcoin

A small correction. No need to worry about the current situation as the market is searching for the best support again. Bitcoin is starting to build another support again to surpass 60k resistance. Once bitcoin can surpass 60k again and another bullish trend will come soon.
Crypto needs to build its fundamental again after the long term bullish trend that happened since last year.
Another bullish trend already expected to come very soon.

every time there is a significant increase in price there will definitely be a slight correction, we are in the current altseason dude, that correction needs to occur in the market so that the crypto market is getting stronger, if there is no correction and the price continues to rise that's what to be afraid of.

Who knows. Correction is always normal but I noticed the movement of the market from the past few days and weeks this is just a retracement and will definitely go back again to a smooth green market day. If you are bit scared of the movement then should convert some of your asset to stablecoin but you can noticed that if the market will go in a disaster path. But for now, everybody is bullish.

Correction naturally occurs at any time without us knowing it. this is a move for the price to get to the highest position, so I think a correction is needed to stabilize buying and selling before the price goes up again.

The altcoin season has been continuing since the last few months and what's happening with the market right now is normal, be it a correction or whatever, there's nothing to worry about or panic about.
and the right choice for now is to bake it and be patient waiting for the market to turn green again only time will tell about what we want with the coins we have.
but i am optimistic that the good news bitcoin increase will bring altcoins too.

There have been a lot of corrections but the altseason we expected didn’t come in. BTC has dropped approx 5% and altcoin also reacted on that. It was a correction for bitcoin. Anyway, some crypto twitter account have also started to shill for altcoin in the last few days. This may have a good affect.

Its becoming very confusing what is going on actually, there are altcoins that is having a bullrun while most are doing its own correction and BTC is also dipping. But then altcoins aren't going very deep since this correction seen the reaction of BTC being dumped. When BTC rises again, altcoins will also go up just as how they did. The flow of volume is so huge though.

For a minute you can see the total marketcap of crypto was about $1,995,912,634,333 and then suddenly in the next few minutes it could drop to at least  $1,832,xxx,xxx,xxx. Looks very manipulated.

What correction do you mean? Isn't the market showing a positive trend.
The growth of altcoin since the beginning of the year cannot be said to be the altcoin season in your opinion.?
Yeah, the crypto market is very unpredictable, altcoin price can increase in a short time and vice versa. But what you are talking about cannot be said to be a correction, because the price will return to the positive trend path. Don't worry too much about the corrections that occur, just hold your coin until the price is backing at the point you want.

In the last two or three days (if I'm not mistaken) BTC went up but down so that it made the Altcoins in red, maybe this is what made the OP think that it is now starting to a correction.
The altcoins that I saved have decreased by around 20% but this is only temporary because BTC will still go higher which will definitely affect the Altcoin market as well.

There is no correction, the dominance of Bitcoin is falling and falling every day, funds are pouring from Bitcoin to Ethereum, and then to other altcoins, so this is not a correlation, this is the beginning of the Altseason.

But after this gold rush, there will be a very big drop, I think, so you need to understand what you are going for and understand that at any moment there can be a collapse!

I'd say it's a correction, many people panicked sold yesterday as some good altcoins lost 26 to 30% of value in few hours but today the market is reshaping positively, in my own head I refuse to believe that the altcoin season is already over just because some coins did 10x in past weeks

So finally, it was a correction, and we are again up in  morning lets see how this goes on weekend  :)

Seeing a correction is a healty thing and normal. Every correction becomes a support for next run. If altcoins would go up without a correction would be a bad thing in the long run.

The scenario here is more like what happened in the past, just one day the altcoins saw a huge or massive rise the drop or the correction followed immediately, this tell us that the altcoins season is correctly embracing a minor correction but not knowing when the price will spike up again. Although some of these coins still experiencing rise which signifies that the altcoins season still stay around for 2021.

Absolutely! This is the Fact. If anybody unable to understand this simple things, it’s too late for you to jump in. Be prepared for it. There few alts have had great gains with a lot more to come. So, Just bought alts at the dip today.
Any source so we can get bought in? Only research.

There are mixed sentiment from markets lots of people are still bearish after the correction is done, but yes, it's a fact that if BTC takes health correction of 10-15% altcoin market will bleed that for sure.

Make makes you think OP is holding one of those coins that brings 10x in past weeks? Or are you saying that all crypto projects have rise in value? Many haven't even show any bullish sign yet and few are just getting started, bitcoin just starting to lose its dominance and that's a bullish sign on altcoins for me

It's just getting started, now that Bitcoin again is pushing forward, we are seeing more green inside the market. Probably more to come.

Yeah right, just be positive and be ready with this another pump that may happen, better to start collecting those coins that you are following and entrusting your interest to invest.

Top Alts are good for lesser risk but you can also check those new projects there's also chances that it will be pump hard.

The money that was moving to the altcoins has been creating a correction to the bitcoin. that makes bitcoin gets less support to break another ATH again.
Bitcoin has been trying to break a new ATH again for several times but due to the strong resistance and bitcoin was not able breaking it dude.

Is not it already already started since the end of last year? This is just a continuation for the season.

after the hill there must be a valley, just enjoy this trip with great pleasure. for me, altseason has shown its mark, lots of altcoins are pumped, even many newly released projects have managed to get their target market, even projects that were previously dying managed to rise. that means ... this is a good signal, don't hang around when the altseason will actually happen, you might miss the train. It is better to focus on taking advantage of the opportunities that exist, while the market is good, for those who like to trade, take advantage of it, for investors, please try to get into potential projects, everything looks easy in a market like this.

Price correction must occur in all altcoins, the problem of how deep the correction will be in altcoins this year. As long as the Bitcoin price
movement is still stable as it is today, there is no need to be afraid that the altcoins price will have a deep correction. Moreover, if we look
at the current market, almost all altcoins have risen in price, especially if Bitcoin manages to return to the ATH price. This can make
the price of an altcoins pump, because the altcoins price movement always follows the Bitcoin price.

Bitcoin is at a crucial moment, it can grow and a lot, according to this analysis shows a good prediction:

https://i.imgur.com/aABlpIi.png
Source: https://www.newsbtc.com/analysis/btc/bitcoin-reclaims-100-sma-58500/ (https://www.newsbtc.com/analysis/btc/bitcoin-reclaims-100-sma-58500/)

If things go well, it is most likely that if the uptrend repeats itself, the altcoins will begin to copy the behavior of Bitcoin, the best of all is that those altcoins that are undervalued can increase much more than what is thought, I think that That's where the altcoin season will kick off, plus it has taken a long time to happen, I personally believed that when Bitcoin hit $50k the altcoin season would start, but apparently this is going to be a lot more juicy when it starts.

That doesn't look like a correction yet. Most of the time it will be down by 30 percent or more.
Altcoins just got a new face with NFT that's why they are on the center now.
Although, you must also expect this won't take long. It's just like the other events in the past.
You name it, Waves, ICO, IEO, DeFi. All of this has an ending once they have taken their money back and put it to the top cryptocurrencies again.

This is not correction before altcoin season, if this market is like 2017 market. We would see sideway between $45k - $60k untill q3 and then after at the begining of q3 btc will start its bullish to $80k - $90k level. By the end of this year maybe we will see above $100k.

In fact it seems to me that the cryptocurrency market is now founded on a solid foundation. Its foundation seems to have been strengthened by the adoption of cryptocurrencies by various countries, financial and commercial institutions around the world. So the market can no longer be expected to improve as before. The market is moving forward with minor corrections. Besides, I think the Alt season has already started. The price of Altcoins has risen from about 50% to 100% in some cases.

I don't know what that means though becasue the recent altcoin season that just happened was the beginning of this year altcoin season, the passed years has always be in this pattern but with slight difference because of the recent adoption form the mainstream. Nevertheless, this correction won't stay long before the wait will be over again, so, let wait for the altcoin season.   

Everything is going exactly as planned, as it should go, you should not look at the value of Bitcoin, the fact that it is falling now is normal.

Together with the price, the market dominance also falls, which means that selling Bitcoin people go to buy altcoins, as we know, this is the beginning of the alt season

Hopefully each of us this year will be the best year in the whole crypto currency community since the pandemic situation is still exists. As the time goes by we want a great profit but most of us don't enough funds to invest and the only way we can do is to have a small amount by joining different campaign to support the projects.

What correction? Market has been green for over a week now.
Sure, few drops now and then, but generally very bullish

A small correction means nothing for the crypto. It's causing by some whales were selling his stash to the market but the market has gained so many demand from the institutional investors.
Bitcoin is going back again to surpass 58k and another effort to break 60k resistance.
I do believe this resistance will have surpassed by bitcoin next month.
This weekend whole of crypto is going to go green candle again. It's good to see that happens.

Are you saying that all the Alts that have been doing good already in the market there is still a different Alt season that you are still waiting for? This is clearly how most of us miss out on good opportunity tom have made profits waiting for something that has been ongoing. Some major Alts have done above their last ATH and we are waiting to New Alts season. The market dynamics now are different from last times cos the type of investors that are coming in and don't expect to see exactly the same movement like previous. 

A couple of days later and the market is moving up again, i have no idea why the market is moving up but still majority of the market has broken further resistance with ease and you cannot expect a correction with the way the market is playing out right now as the funds are pouring in and the global economic situation is not that great either, so it is hard to predict where the bull run would end.

So all this mooning that has been ongoing for months what will you call it if not altcoin season. We have experienced this season always but where I think the confusion is coming on is of we have reached the peak of the altcoins season since outrageous things are beginning to happen just like the ico craze phrase.

Already coins are doing impressive numbers in regards to return of investment as new projects are getting supports in millions from retail investors who has emotions written all over them. When the profit stop coming obviously you'll see their reaction as coins will get dumped simultaneously.

This corrections could be deadly for altcoins especially the low market cap coins that has less support from the investors while those with large market cap might try to keep up with the progress of bitcoin.

Altcoin market will be depend on bitcoin market sentiment, I mean the altcoin season will just come when bitcoin price is not in the down trend market. Usually, the altcoin season will happen when bitcoin price in the sideaway market after its price increase a lot.

But now seem like there is no altcoin season since bitcoin price just give a sign will meet a correction. Take a look with the monthly time frame, the candle that will be formed will be a red candle and some altcoins market especially ETH has formed the same movement.

Soon there will be a corrections.

Moreover, there will be tax payments in the USA. Almost every year the market will go down because of this, i hope the correction in this year will be better than last year.

In my opinion, 2021 is very different from the previous year, because 2021 is the year for cryptocurrency and of course that means the price of cryptocurrency will definitely continue to increase, even though there is a correction, but the correction that occurred in 2021 is not as deep as in 2018 and the price will definitely to increase again after a correction, because the price of Bitcoin continues to make a new ATH price and that will impact for the price of altcoin to increase as well (altseason), therefore I suggest you never panic sell when the price is down (correction), because I believe the price will definitely increase again, so what you need to do is HOLD and buy more.

Better to expect that thing as surely it will come. But, we don't need to pull ourselves getting worried because seems to be normal in the market like this.
Volatility still exists, we can stop that as long as the market moves freely depending on the market demand and supply. For this year 2021, I consider this as a big opportunity for the crypto holders and investors. I assume that everyone had already learned from the past and they are now more knowledgeable about the market coz I was seeing that people are now in stronghold rather than being a panic seller which is a big opposite from the last bullrun.

With more and more acceptance we will see more different from what those previous corrections.

As long as there are supporters who are willing to take the chance, correction won't last long and

bounce back will take pace and regain the last time ATH or maybe surpass the last time high..

Organic Correction  is Good for crypto as dominance comes down below 48 that the sign of altcoin bull run

The middle of April we have seen the market underwent deep correction and that time was short. currently there is no more correction because bitcoin dominance has decreased and the Altcoin Season occurs. I myself see that for now the market correction will occur in May and June. or we will see the market will be bullrun until August. many say that the market will be corrected this month by looking at the RSI indicator

Rather than a correction, I see this as a pull back. We can see a lot of things that this is only a minor change that happened, and the price will recover at the weekend (usually). Also, I think the alt season has started a while ago, where XRP and Doge can have a significant increase in price.

For sure there must be a price correction in between this altseason bullish trend. And for what reason then no one knows why all of a sudden theres a price correction because no one controls the market so the price movements are just based on the demand and supply of the token, and that is also the reason why projects are burning some of their token. Actually, if we were going to watch the coin market cap from time to time we can distinguish the constant variation of prices.

That's 48 for what product? is it for Bitcoin or for something else?
because most of the effect of the current correction is always influenced by the Bitcoin price in the market.

That's not exactly how it works. Altcoins rise when Bitcoin's dominance falls. Because all the money flows from bitcoin to other coins. Accordingly, when money is poured back into bitcoin, altcoins either slow down growth or fall due to large sales

I don't know what really happened to the market and what is certain is very difficult to analyze the situation like today,
for now I think it's better to stay up to date with developments and information,
we'll see to what extent bitcoin and altcoin will continue to rise like this

The market is recovering today and it is difficult to predict how long we will see this rally but the way in which huge investment are returning once again whenever there is a minor correction shows that we might see another huge rally from this stage before we see a major correction. All the alts rallied this time around and there if there is any alt that failed to do so you just get rid of them or look for a good exit point.

It is recovering today somewhat but until we are reaching another ATH, we can be sure about continuation of bull run. I am also in favour of seeing correction in coming days as well. Because bitcoin is struggling to break its resistance levels of around $59k to $60k which make most of the crypto markets to be struggling in high volatility. So, before seeing another good rally for most of the altcoins, we might experience another correction rounds in coming days to week. But nothing to worry about because some altcoins like ethereum and dogecoins are into strong bull run which may take care of other altcoin's bull run as well.

I don't think the altseason will be there this year, I think this is just a large part of the sensation created by an investor who is adopting cryptocurrency.
but the coin you mean is undergoing a correction isn't it a natural thing, when the price has gone up very high there must be a time  where the price will go down.  it doesn't mean an altseason will happen this year.

That is correct. It is just a correction and that’s it, we have seen a huge increase in many altcoins afterwards and that was a great proof that alt season is in full affect. I understand that not many people may see it that way, but I agree that correction was the proof that we needed and the bull run afterwards is the proof for the alt season as well.

Look at top 10 coins right now, they are all green and they are all doing awesome and the bitcoin dominance is dropping like crazy, just a month ago it was over 55% and now it at around 45% and that means altcoins went up so much. Hell we have seen even Bitcoin cash going up finally, many things went up before that one, XRP as well, those were staying idle during that period and now they are doing awesome. Which is a proof that even coins that didn't went up in the last year (too much at least) are starting to pick up pace.

There won´t be an alt season unless there is an even stronger bitcoin season. People are a bit tired of side projects and they have seen how bitcoin can give returns of x10 in a few years. it is very difficult for alts to compete with that. Even those that do a x4 or x5 in a few weeks are rare and do not have real market depth to be meaningful for a sufficient number of investors. The alt-season if ever occurs would take place much later 2023 and later.

Market correction will always appear and I think big corrections will come very soon as there will be tax payments in the US on May 17th. My plan about this is turn it my investment into usdt one week before the tax day.

many of your are telling about XRP but before that it seems that Siacoin will pump hard bcoz they partnership with polkadot and uniswap this will boost the price and even we can see huge bull run in this altcoin $sc

Note :- Not a financial advice DYOR

Too many altcoins are pumping and since you've posted this a month ago, there were a lot of things that had happened recently. BNB, LTC, Doge, ETH, ETC, and others.
This might be the altcoin season that everyone is waiting but be sure to get your profits.

maybe you're in a wrong chart of the market bro.. Try to look on this one  "coinmarketcap" (https://t.me/officialwhalemaker/21894) its very accurate to be honest .   And you know what altseason is already happening since bitcoin make a correction in the market in fact mostly top alternative coins excess as well like bitcoin and until now they keep making good progress.. Try to spectate that link and you will see whats the real situation of the market..

I agree, the alternative season will not come this year, the crypto market is having a very good development.
Perhaps a bear market will emerge in early 2022 or so.

With the current epidemic situation, a bear market will hardly appear. Because of the pandemic, people are staying at home more so they will have more time to pay attention to bitcoin and cryptocurrencies.
So I think the market is unlikely to correct before we win this pandemic.

We are in an unpredictable market and to say which era we are it's difficult to predict if we are in a bull run season or a correction time before the next all-time high.

Another correction is happening, we don't know if its short term or not, we just have to observe and see some indicators. For me, it looks like a long correction will come anytime soon as bitcoin has already struggled to reach $60k, in other words, we are stuck with the range below $60k and that's one indicator that soon there will be a long correction.

I think the current correction is a healthy thing for further bulls. When there is a market correction like this I really enjoy it because I can buy more coins during this correction, After this market correction I think big coins like btc and eth will reach the new ATH.

The worst choice for now. There are a bunch of better coins out of here and you guys are still choosing DIVI. what a non sense thing these days. We have so many coins that used conservative energy.
These days POS coin is the best choice over the POW coins.
This is not the right time to shill your divi unless it will meet the criteria that already very well explained by elon.
People are losing their minds to call elon their god of crypto lol.

I dont think this is a correction because the Bullish season isn't over get, you might argue that price isn't rallying up as it once was, but if you have a good knowledge of price action, you'll know that there will always be occasional pauses in price movements in any financial markets, so i see this period as a period of consolidation before a continuation of the price rally or a reversal to a bearish market. Either way, we will find out for sure soon

The crypto money market is a market that is very difficult to predict with certainty before. As such, it is difficult to have a firm idea that there will always be an uptrend or always a downtrend. but we all know that the market has been in an upward trend for a long time. occasional small dips should not be considered a correction. There is nothing that we can count as a fix right now. These decreases are very normal because it is not possible to rise continuously. It is very natural to have ups and downs.

A new correction of the market occur and now market falls. But now it is necessary not to panic and continue to develop the projects. When panic liquidity is necessary that is why the price of liquidity pools is grow. You can check it here https://poocoin.app/tokens/0xe1db3d1ee5cfe5c6333be96e6421f9bd5b85c987

I believe that yesterday's dump was a market correction. The chances that the price of bitcoin will fall below 28 thousand dollars at the moment are minimal. And now it's time to buy coins at a reduced price, because in the future we expect the continuation of the bull market.

When market raise the trading volumes on exchanges are increasing. That is why they need the more liquidity. That is why the price of tokens of liquidity pools raise when market falls. Now when market stable the price of SAFESPACE (SAFESPACE/BNB) is flat.

It was a temporaty growth. Now the price of SAFESPACE (SAFESPACE/BNB) continue to fall. All cryptocurrency project depends too much from the conditions of cryptocurrency market.

I agree, crypto market has very volatile. You need a lot of technical analysis and must based in some fundamental analysis in order to visualize the future market situation. I think it's not quite normal, but it's a good thing for us for to buy again and prepare for the next pump. This is the opportunity that we been waiting for to buy the really dip but I'm sure most of us already buy the dip and other have no money to buy today. I just want to hold for today, I'm not selling and just wait. Be patience.

The correction has taken place and we are seeing a strong market bleeding from Bitcoin to altcoin TOP, DEFI, NFT.
Right now Tether is ranked 3rd on the market capitalization chart and DOGE is ranked 4th. This is crazy right now for the entire market. I don't know when the correction will end but we're seriously losing money.

I see that now (SAFESPACE/BNB) is actively growing. This correction was used for the big investors to buy more cryptocurrency for the cheap price. Just see how actively large investors buy Bitcoin during its fall. The same with with other cryptocurrency.

a natural thing when some altcoins experience a correction, no one can avoid that. indeed there are signs if we are observant to see it, past week has been tough with worries although it is finally getting better

For the main cryptocurrency, we are already seeing an increase of 30% from the minimum price to which it fell during the last reset. But as long as the price of BTC does not consolidate above $45 thousand, it will still be necessary to consider such an option as re-testing the support at the level of 30-31k, as well as a possible decline to $26 thousand.

I think that Bitcoin and Ethereum are overvalued now that is why altcoin with low capitalization has more perspectives for grow.

On this date, I still agree if this dumped is correction before altcoin to go to new high. After waiting for 3 year during bear market on 2018,2019,2020, this bull market that just passed is look like too short, and i believe the bull market will continue. Bull market should be also take in 3 years too, keep patient waiting for the price to skyrocket again is key to make huge profit.

I personally see the current situation we're having in the market as a market correction. I believe that the bull run would be going for the second round after this market correction and it would be bigger than what we had before now.

I hope so. although I really hope the price is back above $ 45k, but it looks like when the bitcoin price hits the $ 41k price tag it will drop back below $ 40k. however, I also hope that currently there is still a correction in prices. however, I am still looking forward to the high prices occurring this year.

It is possible to earn money on volatility of altcoins because altcoins much more volatile than Bitcoin or Ethereum. That is why the trade of altcoins now is very popular. I think that investment in altcoins are very risky that is why it is necessary to carefully check the projects for investment in altcoins.

Like others already said in this thread, we already had a altseason from around the end of 2020 to mid may 2021. Now we experience a phase of price corrections, which is completely normal after such a bull run. Now we have to wait and see if it really only is a short and healthy correction phase or if we go into full bear mode now for a longer time. I certainly hope that BTC will not drop down below 30k and ETH will stay above 2k and that we then see increasing prices again, also for small cap coins as my portfolio consists mostly of them, but no one can tell you what will happen for sure.

I'm less sure to say this is a correction before the altcoin season. Maybe some time ago we had a pretty lucrative altcoin season. Corrections are commonplace in the crypto market. We don't need to panic over this correction, just hold onto what you have and wait for the next pump to happen.

Since the growth of the cryptocurrency market has lasted for a very long time, most likely now a very long correction of the cryptocurrency market has begun, so we should not expect that soon the growth of the cryptocurrency market will begin again, so everyone must decide what to do with their investments, because in any the moment the next dump of the cryptocurrency market may begin, and therefore I have already fixed a profit and transferred almost everything to stable coins.

so we will have second altseason this year mate? i  hope it too, but before we face it looks like market will very bloody in next few weeks.to make hard bounce , there will needed hard drop. i am agree if we panic at this moment , it will make market drop again , so hold till next season will be better.

if could survive from this bearish trend , i am sure we will see next cycle in crypto market. at this moment there are many billionare released their statement about investment in crypto market.it will be good sign for us , and its good moment if they entry to market due this price drop. everything now at cheap price.

It's been a while since crypto went on a great ride and many people are already enjoying their investment and it seemed like the altseason has already came way before we even noticed. Right now, the market is indeed on a correction but it is not for the preparation for the altseason because it has already came already. The correction we are experiencing right now is for a new and a much better bull run for bitcoin in the future that will pull up other altcoins as well. We should mind our investment and trust that the current dip will soon end and altseason will come once again.

Yes, it is very difficult to say for sure when the market will be corrected. Those who sold at the time of the market pump made a lot of profit but the current market will go up again even if it goes down we have to wait patiently for this it is likely to rise towards the end of 2021.

Yes, short corrections always happen during the altseason for 2021, the key is don't panic, don't worry, don't cut losses, have to be more patient when every short correction occurs.
because only time will tell.

I think altcoin season in 2021 is finish. And we will see it again if bitcoin continue its bullrun and matket share of btc above 50% again. I predicted that 2022 will be next alt season before we entering crypto winter season which will take a long winter season untill 2024. I said this prediction base on data i take from 2017-2018 and 2013-2014.

Bitcoin bull run is also over as well, altcoins will not rise without a bull run. So, as we see a correction on bitcoin, we will see more correction for altcoins as they are expected to dump more than bitcoin dumps, that has been the pattern for years already. However, it doesn't mean altcoins will die, of course, they'll come back again as they did during the altcoins season.

so pick the right altcoins to hold, but during the dip.

Let the cycle continue, after that pumped all those lucky investors who bought their asset at the cheaper

value will start selling to get their profits, it will followed by dump and bearish market will dominate, then

again patience is in need here, if you have spare money it's also good to buy more so when the bounce show

back you'll more decent.

This option that may have a great correction before the alts season can occur, in fact, when seeing some analysis the LTC shows signs of a lot of recovery and an opportunity to buy right now, the technical analysis shows it:


https://i.imgur.com/Ndk9DQE.png

If the peak season is indeed activated, it is very likely that the BTC will reach another new ATH much juicier than the previous one.

Few percent? are you listening to your words?

bitcoin from 64,000 dollars now sits at 32,000 dollars? is that a Few percent? that is 50% lol.
well Cutting losses is normal for day traders or short termers and you cannot blame them from doing it because they already knew the market and knows when to buy or when to sell but sadly this affects the strength of the market.

No one knows what's going to happen in the future, it can bounce back in few days, months or even years. Even some so called experts have an analysis that this correction wont take long, still no one can certainly predict the future. What we can do now is to believe of the coins that we currently hold and fill our bags because this dip is an opportunity to accumulate more.

Dont stress yourself for worrying what could be the next movement of your coins, as long as its not a shitcoin then you can sit back and wait patiently for alts season.

The Alts season has not started yet, 4 months ago there was a lot of speculation about it, in fact now BTC has marked another direction and the Alts as well, one that resonates a lot is ETC, which, there were very wild movements, but that for now the bearish trend persists:

https://i.imgur.com/aPpkKtF.png
Source: https://ambcrypto.com/polkadot-ethereum-classic-sushi-price-analysis-02-july/ (https://ambcrypto.com/polkadot-ethereum-classic-sushi-price-analysis-02-july/)

So if this coin is trending bearish for now, that BTC is in an already confirmed correction, when BTC fully recovers, those who have bought ETC right now will make big profits.

Is there still a better upside? That's not confirmed. Some excellent projects flopped seriously to perform during the bull run. Now every altcoins just depends on Bitcoin move. We don't have any idea what will occur in the impending days, however you may also have a look at some of the altcoins, I put half of my assets in ETH, which is a certain bet in my book.

Thats the real strategy, don't fill your bags with shit coins and you'll not worry that much waiting for the time

when the market bounce back and hit your targets, best to keep yourself updated with every coin that you

pick for your invesment, updates are very important to know what progress is happening and how it will impact

the value of your investment.

Yes, there really are such coins. However, most of the market, especially the top coins and high-cap coins, has been showing bullishness for several months now.
Therefore, I see no reason to believe that we are not in the altcoin sehon. Nowhere is it written that altcoin season is for all coins. Obviously, there will be those coins that will grow and those that will remain in place or even fall in value.