Bitcoin Forum

Hi friends, from the title i said be prepared for the big dump of the market and why im saying that ? because first, we all know that all altcoins without any exceptions are affected by bitcoin price, and i will tell you to open trading view, go to bitcoin chart and choose the monthly chart and you will see something will freak the hell of you, a big tall candles without any red candles and all indicators are showing an overbought sign so i believe we will see a very big dump soon..

what do you think?

What you said is true, and the dump is already big now, the only question now is when will the dump end because usually after a big dump there will also be a big increase in Bitcoin which will affect the rise of all Altcoins in the market.

I think it's already happening now, as we see it across different markets most cryptocurrencies are 20-40 percent decline of the prices in just 24 hours, period and already wipe out the $350Billion dollars in the crypto market capitalization amazing correction this is the testament telling us how volatile the crypto market is so you were right mate prepared for the big dump.  

Sick, the price just want to liquidated many people. It happen so fast, i loss 80% of my EOS in future. Sadly i drop my stoploss because i think it will just a flash crash, but the flash crash too dip :(

The dump is over, IMO. Bitcoin market will soon become stable and more people will buy bitcoin. However, it only happens temporary, enough for us to make a conclusion whether  bitcoin will pursue new top or find a new bottom. 2018, people believed bitcoin will surpass $20000 and exactly after it hit $20000, the price drop more than 30%. After this event, it takes nearly 2 years for bitcoin to pass $20000 and hit $65000. Maybe the new circle has been created

Stupid and ignorant are those who thinks that crypto won't go into bear market, you are simply living in a world created in your own head and you aren't ready to face reality, bear market is coming and there is nothing that can change this, it's the only way that balance will be created

As of now it looks like the massive dumping is over. BTC was below 32k for a short time and ETH was below 2k at the same time. Now it seems that the price have stabilized as ETH is now again at around 2800 and staying there for more around an hour now. I hope we don't see another crash today.
If the prices could remain stable than we would have only went down like 20% or so which is still massive but not a complete blood bath. I just hope Elon musk is not making a stupid tweet again and remains silent.

Yes, we all still need this bloody condition to balance the ecosystem that has existed since Bitcoin appeared. By having a Bitcoin wallet, it already represents that everyone is still willing to accept Bitcoin, even though Elon Musk does not use Bitcoin as a means of payment.
It is likely that he will create a new coin called Tesla Coin which will also make the cryptocurrency market more and more acceptable to the public
There will be a time, Bitcoin will return to its newest ATH in the future

Well if you are doing crypto for a long time, you should be expecting this to happen. Based on the historical data of crypto market, every 3-4 years bull market happens and it will run for 3-4 months then after that it will dump again and 3-4 years again after the next pump. Last 2017 bull run has a 9 dips before the end of bullish market, I'm not sure if how many dips this 2021 bull market. Also if you will check the "Wall St. Cheat Sheet: Psychology of a Market", we are in the stage of anxiety or denial. Meaning, the dump/dip that we are experiencing right now is not the final dump. Experts says that they are expecting that btc will fall down to $28k - $30k.

Though the market has corrected after that huge dump, still the overall trend points at a bearish market. The graphs are making lower highs and lower lows and overall atmosphere for crypto has been not so suitable. Crypto has faced almost all of the hurdles to come at this place still things like restrictions from government from India and China as well an established business stopping their bitcoin use would have impact on psychology of new investors.

You just said it when we've got the dump already and it happened. Everyone must be prepared whether it be a big dump or pump. I have that belief that after this big dump, we're going to see a better price after wards. It has to go down so that bitcoin could reach better price after this.

quite a big dump. and if BTC continues to dump or close candles below $ 45,000, then be prepared for the fact that all holders must be ready for the long term. and come back in 2024 in much better shape. There is no good suggestion for our emotional calming, other than to leave the market for a while.

I panic sold all of my coins and tokens at loss and all I'm hoping is a market crash so that I'd be able to buy selected coins for cheap.
The bad luck always follows me and whenever I decide to buy a coin, and do buy, it crashes. I was maintaining a 50 50% of stable coin to crypto ratio but just jumped in all to crypto since last week to find one of the deadliest dump.

The dump is over in the short term.  I think we are going to be in the range of $28 to $35 for now!  Tommorow is unknown as anyone can decide to sell! There is rumor of institutional investors selling bitcoin for gold.  Any Cryptocurrency that has it's reserve in gold will fly at this time.  Metawhale gold comes to mind at this time!

We have already been hit hard it seems, it was an unexpected dump that looks like a flash dump but keeps going and catch many investors unaware of what to do, now am stuck with my bags, can't sell as price already too dip, but of there I'd going to be more dump, then the marker will really suffer.  But I hope this won't happen,  I don't like looking at market at this moment.

Yeah, its currently happening as of this moment. Trying to look on marketcap showing off Bitcoin and other altcoins in the market is having 30-40% down into its price.

Question is, is this something new into this market? No its not and this is what we called volatility. We dont know on what would be next in line.
Feel sorry for those who havent able to get out when the price is still on the peak but well these kind of times is the best time
to buy cheaper coins.

It is already happening and its too late to be prepared. If you haven't sold, then keep holding. Don't sell now or you will regret. If you have sold when the price was a bit higher, then my best suggestion to you would be to invest as much as you can during the dip. Even if you are holding, try to invest something (as long as you can afford) to maximize your profit. And yeah, with btc drops, altcoins drop harder. It will drop even harder when people will be selling off their altcoin to invest more in btc.

Just because many more people are investing in crypto and even few billionaires join the crypto craze this year doesn't mean that crypto price will keep surging, if you are in crypto space since years ago I'm sure you'd have understand this by now, bear market season will come that's 100% guaranteed

I don't know where to start or maybe I didn't catch up with your prediction of 😃. First, how did you mention that big dump coming when you registered on 17 May. Your single post didn't mention that you were alerting users about this big dump market. We all know that market correction time is for a while even though we know this correction won't take more than 2.5 months.

haha big dump has happened and you wrote it today again ?, do you want to scoop at a low price ?,
suggestions for you, yes just a suggestion, buy at the current price and hold, then you will win in the next months,
remember what I said mate  ;)

nah, it's gonna do sideways, the price isn't gonna dump anymore since based on RSI and MACD bitcoin is oversold, it was overbought yes but it's before the dump so btc has the chance of going up again shortly, i'm no expert in analyzation but considering that tesla shill for it again I think it's only normal to say that maybe we gonna stuck in the current price $39k for a while and could go up again, but that's just speculation right?

Of course it will. Even without Elon Musk that keeps manipulating the market, crypto market will have its own season to pump and dump. Once this happens, altcoins will drop their prices again even with dogecoin that only pumps when Elon started tweeting about it.

But for bitcoin, its current price is not yet below $20k so more likely, the price is still stable and hopefully in the coming days, things will be normal for bitcoin as its price will bound to create another new ATH higher than $65k.

No one can tell for sure if the dump is over or if it will continue, nobody knows that for sure so its best to be prepared, if youre trading futures, make sure you set your protective stop loss to minimize the potential losses you'll make
If you have crypto holdings, then you have a decision on your hands, to decide if you will take partials out or continue to hodl

Is not the first nor will it be the last bearish season. The dump is already here no need to prepare is just to accept the dump and move on.
I'll advice everyone not to sell at the dip yet instead you buy and hold more coin but I'm very sure this bear won't last for a week the market will revive and many will smile though features took a lot from us already. The best thing to do now is to watch the trade no need to panic, keep shilling, don't sell hold to avoid loss.

It is true that now we have to be prepared and alert for the big dump. we can see in the crypto market that currently crypto is down and this makes a lot of people panic. keep calm and don't panic sell so that the market doesn't get cloudy and we don't get a loss. we know that this has happened several times and we must be able to follow suit. don't rush into decisions that end up hurting us

For those that are new in this market, for sure, they are already in panic mode. But if you think, you can hold off, better not to follow those who are selling their stash at a loss. This dump is not forever, at some point, we will see green light again. And once it recovers, you can sell your portfolio if you feel you can't bear this kind of roller-coaster emotional ride.

We are too late to be ready for the big garbage dump because it has already turned into a garbage dump. Unfortunately, the return to this garbage was very fast. However, if we can make the best use of the bear season, then we will have the opportunity to make good gains in the sharp rises to be experienced. Now, instead of getting upset, we should start looking for valuable items in the dump. The big spikes behind these sharp drops have a very positive effect on both bicoin and altcoins.

It is already a big dump. With the decreased price until more than -40% for almost all crypto, it can be said as a sign of a bearish market. However, we can watcha and see whether the decrease will continue or stop and jump like a bubble.
So far, we can see how the price is ongoing, most statistic shows that the big dump has happened this day and it is likely very surprising because BTC itself touched $30konly. However, the recovery of the market price seems so fast, proven with the increase and price of BTC itself right now at $39,039.28.
Many people feel depressed with this big dump happened and many panics sell so that make the market worse and worse.
Well, hopefully, this is only a shock therapy of the market dump to get another high jump, not the beginning of bearish time.

It’s inevitable, the big dump already occur if another bad news will pop out it could go deeper. I still believe its not the end of bull market, this correction might be necessary for another bigger leap in prices. If you believe in fundamentals and aim for longterm this dip is nothing.

It is likely that we are heading back again to $40k, in fact, the price is now at $39,000 plus. We mostly thought that it was the beginning of the bloodbath but somehow the market just then recover after it drops to $32k. If this recovery will continue, then we got think that the people now show such an impressive market trust that they never got into panicking but still hold and still optimistic despite the dump speculations.  

I do agree with your statement dude. The market is not getting any dump before and it looks like the dump already happened but it will not so big as you said that. it will not go even further. The possible thing for bitcoin to reach 30k as the bottom price but it looks like it's bouncing back again despite the fact so much bad news has come to the bitcoin but bitcoin can still defend its position.
It looks like we have reached the lowest point

If these decreases continue, it means that the bear season has come. and the best thing to do in the bear season is to collect coins from the bottom. This is the best thing to do to be able to buy from the bottom and sell from high as everyone wants. Instead of withdrawing from the market due to the declines and being offended by the market, your goal should be to invest at the lowest prices and make good profits when a bull season comes again, to compensate for your losses.

They can invest if they have sold their holdings while the price was higher but if they didn't and continue to hold, they may have less money to buy the tokens they have. But its a good thing to do to buy if they have the money. Saylor did it despite the crashing market.  It hasn't gone to the very low though so I guess we are just experiencing the dip for it to bounce back up again because where else will the investors go to buy an investment but in crypto once again.

I am always waiting for this, bitcoin has entered a bearish trend. the price of all the coins was already very high and today it all happened the price was dropping fast. I hope the price of bitcoin can go down again, seeing the Chinese news that prohibits the use of cryptocurrency in its country. it's time to get ready to buy bitcoin and altcoin at the cheapest price

I guess this is the biggest dump in this current bull-run. If you are late on cutting your losses, don't be swayed by your paper loss, nobody knows if the market will bouce back after this massive correction. As long as you are not selling your losses are not realized yet. Some are taking advantage of this dips since most major coins had dropped up to 20% or more. Create a plan and expect that the market will never be always green.

It’s happening now so we have no more choice but to adjust our plan according to the market trend. We might not end the year on bull but hopefully the market will not dump that much. $30k will be the strongest support for now, if we failed to hold into this level then we might see Bitcoin below $20k again, and that’s a doomsday for altcoins as well.

The market has experienced a substantial drop in value. I really do hope that this is not the beginning of the bear market. The market correction this time is the scariest I have experience. The coin market cap has lost over 300 billion dollars the last time I checked. But selling out of fear isn't the best.

In the previous three-four months market has grown but now due to some news and panic sales or some investors out from particular share market is going in dump. We should be ready for big dump. Convert all coins to usdt and ready to buy in hard dump situation. In crypto market it is very difficult to know high or low point of coins.

Yeah the market drastically fall like. I think the reason is accordingly to what you have said the monthly history of Bitcoin chart. All are red and no exceptions from the top coins to shitcoins. How I wish I have usdt now so I can buy at this momentum where all potential are in low position. Buy low and sell high. Invest at our own risk.

The big dump for btc is now, but not all coin is affected by the price of Bitcoin, you should center the big dump around Bitcoin. You should also know that the dump can be stopped if a positive news surrounding Bitcoin should surface

Would you care to give few examples? For now I see 30-40% price drops on almost all alts. ETH has shown less dependence on BTC price but even that is only to some extent.

Why instead of asking us to check the market, why not put here the graph? if you are really willing to share and save people then best to leave the thread with complete details.
Where is that candle pointing and when will this happen?

Lol ETH with 34%  decrease in price?

https://coinmarketcap.com/currencies/ethereum/\

how come that this is not depending in bitcoin price?

To start with, the idea of a position being "overbought" is misleading. Any trader who believes that will always be caught on the wrong side of the trend. Haven't you seen situations where the RSI shows the supposed overbought sign, hitting the upper line and continued for days on the Daily TF, yet didn't head down? I bet you a lot of traders would be losing money following that signal and believing there is a hogwash like overbought and oversold situations.

BTW, the bullish candle you described happened in March, not even in April (which was last month). In April there was a drag between buyers and sellers, ending the candle almost in a Doji. That's the view I have on my Tabtrader.

Not all but almost all. Matic can still perform a green candle even when the market is very bearish at this moment dude. i do believe if we will see another recovery to come very soon.
The problem is we didn't know about when the good news will be rolling out and the boomerang can come anytime when another bearish news came to make the market even worst than before.

Yes，you are right, what you predicted yesterday has happened. BTC took the lead in this big dump, and all of the other coins follow it. But the different is, BTC back to around $40k soon, most of the other coins are still bleeding red.

It is the big dump right now, what else do you think will happen more than 50%? I mean don't get me wrong I am not saying it won't fall from here because it definitely could but the majority of the drop already happened, if you are safe and there is no problem for you at this price I do not think that you will have a problem with the future drops neither because most people who lost money already lost money at this point anyway.

This is why I think it is quite important that we do not end up with anything serious and just focus on the current drop that already happened and not what could happen. I was ready, I got in early and now I am doing fine even after the drop, the future doesn't hold anything even worse if you ask me, maybe a bit more drop, at the veeeery worst situation it could be another 10k down, but we are already up above $41k levels.

Is the big dump still going to continue? What do you think guys, just now, I saw on coinmarketcap the 24-hour price movement has started to go up. Anyway, People who buyback at dip yesterday has gained profit today.

Yesterday was a big dip. It'll begin to return up now to another record-breaking high, you can easily double your investment when market recovers. We will find out in the next 2 weeks. Assuming it keeps on going up, then it will have another new all time high. Perhaps it's not done, only a forecast. Closely look at alt market.

You are saying this because you are a newbie and mostly when crypto price goes down, a lot of you get panic and read negative meaning to things while people that knows this is in evitable are already taken advantage and buying the dip

I also agree, seeing from the market movements in this one month it looks like prices are getting lower and maybe even further, today we see a price increase again but maybe it's just a short break and maybe all prices will come back down if we look at the market.

Avoid trading futures for now. too risky because you can lose money quickly. For bigger dumps, bitcoin is likely to drop at $ 25,000 and I think buying altcoins incrementally for now in case of a trapping again is a good move. Currently there are many negative sentiments towards bitcoin and it should be used as a reference to be more careful in investing. many people complained about yesterday's decline

Even experienced traders don't recommend futures trading. Anything can happen on bitcoin right now. There are so many speculations about the market right now but most speculation is against bitcoin. If you're into futures trading, I recommend doing your own research and TA because the speculations today is very confusing to follow.

You are right but it is not the perfect time to buy dip which can be around $25k support levels. The current market movement is bearish, before buying the bag you can wait until the further bear attack. The next target is around $25k which is a good entry for buying long-term.

Speculation is root of all evil, better to do what we understand instead of listening and trading on behalf of other traders. The speculative crypto market can make anyone rich in single day,since trading is zero-sum game other traders will pay the price. In the long term, long-term traders will be included in the top 5% and short-term traders will feed the top percentage as usual.

In order to avoid futures trading, I agree and it is very risky as the market is more likely to go down and needs to take a break to calm the mind and think of further plans until the market starts to recover and if you want to invest for the long term it is advisable to take advantage of this downturn to make incremental buying.
although many people feel sentiment and complain about the current price of bitcoin, it will not be a barrier for those who still believe in bitcoin because bitcoin is the best choice of all coins under any circumstances.
and I don't think the decline in bitcoin will reach 25k and even if that happens it is the best moment to buy bitcoin and hold it for the long term.

The market is on bloodbath right now and everyone is starting to panic sell. What I can say is that we should've prepared earlier because we've already seen it coming. We chose to ignore the factors that may trigger this big dump and now look at us, we are all confused on what is the best course of action. This dump is not new to us, we've seen it before and if we will follow the pattern, we know bitcoin will bounce back and recover soon. Maybe the best course of action is to keep on holding and start buying while the value is low at the moment.

Everyone is triggered by this bloodbath but not everyone is going to panic sell. I already know that this is coming since it's not going to be green market all the time. Hodling would still be the best option for now otherwise, you won't catch the next bitcoin's new ath after it recovers.

I think buying at the dip is mostly seen by now but never resort into panic selling. We have seen how bitcoin stand again after its dump moments and knowing there are already strong back ups for bitcoin since bigger institutions are behind its back, a huge price increase is nearly possible after this.

Well, I think the dump already happened, I mean, we are currently in the middle of a dump, though the market seems to be recovering bit by bit, this wasn't a big dump, though I believe it might be for some other people.
I don't know if this dump is the one op is talking about or maybe he's expecting another dump aside this that just happened, In my opinion, another dump can only occur if we are already in bear market, but if at all we are still in bill market, then the dump that happened is just a major long overdue correction and I believe the market will bounce back higher and stronger soon .

I really do not thinking that am prepared to see another dump right now,  for now ot seems like the market is a bit still, no huge dump has occurred yet, I hope the dump is over and will not see it continue because it is very had to Watch the market go down continuously.

The market is giving some breathing to those day traders who loves playing with the current  momentum, but in terms of dumped it's already happening.

Not sure if this already the dip, or another whale trapped for a much bigger dumped to take place, really hard to assess what would be the next move, believers will see this as another golden opportunities to shop with those cheap coins around.

While newcomers surely regrets their participation after seeing their capital investment went down this hard.

It will go up again for sure but if this is already the bear market, it's going to be a long time that we're going to see it. But if we're still inside the bull market, it will recover no matter what FUD will be sent again to the mainstream media.

You can as well buy if you want to. While you're holding, you're also buying to add more what to hold.

I doubt so. I mean by the looks of it everything is looking good in the market once again, everything is green and up a big amount as well, sure there are ups and downs, bitcoin reached 30k, then 42k, then under 40k like it moves so much and I get that, it is really a volatile market right now. However I do not think that the price is going down too much anymore, we have seen the bottom with 30k and that I believe was the lowest we will see in a while.

I can't guarantee the price being over 30k forever, it may go down under 30k once again in the future however I feel like that won't happen anytime soon. Which is why I think the bottom is here for now, there is no need to "be prepared for the big dump" because it is gone, we are in recovery, it is going to be tough because we were over 60k and now around 40k that's a lot of grounds to cover, it needs 50% increase to reach there.

I don't think the cryptocurrency market will turn into a dump anytime soon. I think these drops are a correction. however, the rapid declines seem to suggest that this correction will take a little longer. In my opinion, the market is entering a correction period that offers buying opportunities rather than rubbish. If this is not a fix but the start of the bear season, then indeed a dump may be waiting for us.

Market is already recovering. This is not the time to dump. It will be a foolish if you think of dumping your crypto assets. This is the time to buy. But please dont invest the money in shit coins. Put your money in coins that really have utility. You can also invest in NFTs like Alienworld or Rplanet if you like gaming stuff.

I am fully prepared for that big dump or they call it as "the last big dip of 2021 bull run". I can say that I already maximized this 2021 bull run and gain profits that I can use as funds to buy the big dip and wait for the next bull run again to finally get the fruitful outcome of waiting, holding and efforts.

seeing it as a garbage dump is a situation that makes me sad. this market is always a valuable market. When the price of coins goes down, it is very wrong to see them as garbage. Already successful coins are resistant to declines and prove to be different. If we are to describe it as garbage, it would be more correct to say that it is based on the coins that do not show resistance in these decreases, or maybe will be deleted from the market.

that's a common thing in crypto. there will always be bearish trend after the bullish trend. That will be moving to the bullish trend again when the bearish trend already done.
That being said if this scheme already happened in the crypto since long time ago and it's predictable.
The market already faced lots of pump and this is the time for the correction to happen for sure.

If what we're experiencing presently is a market correction which would last for a short while, then I'm perfectly fine with the situation. I can gladly say that this market correction would lead to a more substantive bull run in the near future, but if this situation is a sign of the end of bull run, then there's cause for alarm.

Big dumps are always started with china bad news, last thing i've heard china banned bitcoin back in 2018 the the market crash for a long time. History will repeat, recently china crypto crackdown news made the market bleed. Elon is also not making hype anymore about cryptocurrency. I think it's the time for market to sleep before another hype in years to come

market capabilities I don't think will collapse easily for now. Shortly, you will see improvements taking place in the market.
The downturn caused everyone to panic but it won't keep the market stuck for long.
the current state of the market is different if you equate it to 2018. believe me, this is only the game of those who want to get bigger profits by making most of the smallholders panic.

In this bull season, for me, its hard to predict when the market will big dump, because emotional of many trader just believe the price will keep go higher with small corection. When the price very high, only stop loss and trailling stop can help to minimize the risk and take profit. My opinion, this dump now still corection and wait for a week to recover the price because we are still in the beginning of bullish market, and too early to say the bull market is ended.

Yeah, the dump already happens and a lot of traders have lost their money because of being careless, but right now the market is now going strong and we can see that most of the cryptocurrency is now being in gree, so it means that maybe the dump is ended, for sure maybe next month bitcoin will recover and reach again the ATH. Those people who are weak hands that have lost their bitcoin during dump have lost the opportunity maybe they are still not immune to this kind of a dump.

in crypto trading everything that will happen like a continuous decline until recently we have to be prepared for it.  Getting profits and losses in crypto trading is actually in our hands, the key is that we have to be able to decide when to make a sale so that we can profit even though it takes a long time, the most important thing is to have the confidence to be able to avoid losses in trading

That is fundamental. but determining when to dip is quite difficult, even though you are an experienced trader. The most important thing is, don't get too hung up on price. just do it according to the formula or plan you want, if you already get enough profit, then stop and try to relax, so that your thoughts and calculations are still fresh

We have already started hearing about some selling news. It looks like there has been a big amount of selling recently. It seems to be one of the biggest factors that have impacted the market badly.

Now I have been ready for it and we are in the big dump. Well, it is so sad when seeing the portfolio on the spot balance. I am wondering how to laugh so loudly because my balance drops more than 40%  ;D
But, this is not time to sell, but to HODL. If I sell them right now, I will truly lose my money. But if I hold them, I can still have a chance to get increased balance, hopefully, the market will be better soon and can really recover before the end of this year.

Those who believe that crypto can never go into a bear market are stupid  :P. You are actually living in your own mind and aren't ready to face reality ??? the bear market is coming, and there is little that will stop it & it is the only way that peace can be restored. :-*

People were feeling fearful due to the bad news from china but the whales have been taking the advantage from the market and they will be buying more and more coins and then pumping back again to the roof. The market is starting to enter into the another bullish trend again. We should be patient for that.
People will sell when the whales already sold for the news. This is always repeating again and again but people didn't learn a lot from their past experience.

After dumping in a few days ago, now bitcoin is immediately retest bullish, but I think it has not been strong to become a trending market up, it took maybe at least a month to be able to fly, a good time to buy coins now, or wait for next week.

When bitcoin goes up again, I think this time there will be fakeout, which will drop back in some time, I will try to make good use of this moment in order to maximize the profit from the bearish market.

Bitcoin is trying to recover and testing if there are still weak holders to continue dumping their assets, You might be right that this attempt can't bring back the quick bounce as the damage from the last week dumped really affects the entire market.

It may take another weeks or months for more investors to start investing back and try again some of their luck to benefits from this market.

Keep your guards up and not to easily be moved by some events, make sure to analyze it will save your ass from being trapped.

No one knows when this dump will be finished, but now is our chance to shop for several coins which in our opinion have the potential to provide profits when the dump is finished, choose carefully and we just stay monitor and be patient until the coin starts to get up.

The dump usually end fast, i think u mean nobody know when downtrend will be finished.
Shopping time is really happens, but becareful because another dump could happen again.
My strategy is buy only when the coin is oversold.

Although big dump just happened but in my personal prediction, the market just try to rebound, new and smart money from other new investor will enter in to crypto market. Dumped more than 50% during bull season is opportunity for new investor to buy cheap coins.

The prices of cryptocurrencies have been growing for a very long time and therefore a dump of the cryptocurrency market was expected already long time ago, so at any time another correction of the cryptocurrency market may begin and therefore I have transferred my investments to stable coins and am not afraid of another correction of the cryptocurrency market, but of course not many people wants to see another long correction of the cryptocurrency market, so we hope that this time the bearish trend will end very quickly.

panick selling is already ended mate so it will never go dip again at this point.. Wherein market now is definitely gaining strength again to climb up.. As the matter of fact after weeks of decreasing its now shows a good sign and my view most of the trusted crypto currency in the market were showing green so perhaps this a sign that bearish already left the market and time to bullish..

Market are facing a lot of downward pressure, yet it's sincerely attempting to hold! I have no clue what will happen yet here it goes. There I said it. lets pump it, I don't really like those red candles. It's somewhat exhausting to watch market go down continuously, but it will go where it deserve.

The charts are making lower highs and lower lows and generally climate for crypto has been not all that reasonable. Rather than pulling out from the market because of the decreases and being insulted by the market, your objective ought to be to contribute at the least costs and make great benefits when a bull season comes back once more, to make up for your misfortunes.

I dont get your point, is you talking about if too many people start to hype crypto then there will be dump soon?
If yes, i didnt agree with it, hype is good to build momentum to have a pump, not a dump.

Compared to the 2017 bull, this period's bull period has really turned into a dump. It issues daily tokens on the BEP20 network that comes before it and then takes people's money with rugpull. Whether they know it or not, many people fall into this trap or fall into it. From the perspective of Bitcoin, there are too many perceptions and manipulations on it. Because of these things, bitcoin is constantly moving up and down, causing the market to turn into a garbage dump. I hope the market returns to its good old days soon.

well, now the price is recovering, but I really want to see the price of $45k, and until now the price of bitcoin is still holding at the price of $40k. however, yesterday's price drop really had an effect on other altcoins. Well, I've prepared for that situation, and I think, now is the time when crypto prices will recover.

Big dump or big pump is unknown we are always do prediction and the prediction has no assurance to come true. But I think it is more advantage when you always prepair for the posible market situation by always monitoring the crypto community or even in some crypto news update well help us make a basis before buying or selling.

It is really hard to predict the market volatility and stability knowing that there are several factors affecting the behavior and movement of it. Even the most popular TA/FA cannot even give an accurate analysis whether a pump or a dump will happen. So as being a crypto enthusiasts you really need to hodl and do not be a weakhand in order for you to win this kind of challenge in the crypto space.

I think like you have great faith in this market, and I think it's only a matter of time. Our patience in this market will pay off, for me BTC will be many times better than it is now. Maybe things aren't going well right now, but that's not a big deal because we're the ones who will hold onto as long as we can.

i don't think there would be a big dump happening next since the bull run has not yet over and the price is up and down movement so its very unpredictable the behavior of bitcoin price today. A lot of speculation coming from crypto analyst that there would be no bear market happened.

is that just your guess or will there be someone who can make BTC in the marked improvement in the 4th quarter of this year?
if there is a correction I'm afraid it will go very deep unlike what has already happened. So how will BTC make a strong return in the event of a deep correction?
a correction in a deep dump is probably imminent, but for the next few months, we will see how the fast move will persist. after that, it might be a dump or maybe a pump that will come until the end of this year.

I think that big dump was already done now, because as I am going to look at the market its getting back in the ball game
little by little now, So I think we need more a little time before we go into good profit probably this week or next week the market
for sure will be turn into green I guess.

I believe that you are right about the fact that there will be a big collapse in prices in the crypto market, but the only question is when. Considering that the crypto market is cyclical, we are now at the end of another cycle. This makes us understand that it was at the end of each cycle that cryptocurrencies showed great growth and their prices reached new heights, but after that there was a big collapse. Based on this, there may probably be another dump at the end of summer, but after at the end of 2021 we should see the final phase of this growth and after it there should be a significant collapse. I mean it, but how it will actually be I think we will soon find out everything.

Well said v3liana but make sure you don't just hold those coins and look away because few of them might plan to change smart contract or move to new smart contract as time goes on so make sure you stay updated while holding those coins, I wish you the best of good luck

We all know that when a market makes some big candles there must be a big dump. 29k could be the biggest dump of this cryptocurrency correction. Even the current situation of the CMC looks stable. I'm asking you a question. Does it mean the market could go up again? And should we be prepared for the big pump? Now is the best time for a short time investment?

You are right we have seen big dump and still in bearish as Bitcoin cross 40k last night but again now it is below 40k and hopfully market will go bullish in next few weeks but need some good news too.

again the value bounce back to below 40K the news of Tesla create some  hypes but not sustainable to bring more

investors back in business, seems that the market needs to have more good news to recover and start

hyping the price, for newcomers this is another opportunities to collect their assets as the chance to see another

bounce up will happen.

It all depends on the needs and initial goals of investing, for people like you who invest with long-term goals, any decline will not affect you, but for people who invest short-term, this is the right time to choose. what to take, either switch to another coin before the losses get bigger or hold it in and hope for a pump in the near future

this is the period where the correction is happening. Many people are selling their assets because the prices are quite high compared to the beginning of the year. however, I think currently the price has stabilized after dropping from $60k. but still the potential for dumps is still there, so keep yourself prepared for it. Personally, I prefer to collect assets and take advantage of these times.

I would say that the selling pressure is still quite significant, but it has calmed down a little bit compared to a few weeks ago. As for being prepared, you should be prepared for a dump nonstop no matter what asset you hold. If you look at the subprime crisis from 2007, they all got caught on the wrong foot, at least the smaller guys. The big ones saw it coming as they understand the markets better often times, that is why studying these events is quite a good way to get an understanding for crashing markets and how that can work out.

Well market dump is inevitable especially there were so many fuds on going and we are all used to that kind of stuff and seasoned crypto people were all immune. Good thing market recovered so fast because of many good news coming in especially on El Salvador and Elon Musk recent tweet that tesla resumes accepting bitcoin.

Sad that some coins loses its value when it comes to that. What I mean value is by its utility. :/
I mean many coins in the lower ranks just get the hypes most of the time and just popping up out of nowhere in the higher ranks then just fade the next day.

For the president of El Salvador, it is a great move. but for now, I don't really like Elon anymore, because he's proven to be less "dedicated" and only pursues high profits from bitcoin, yes that's his goal from the start, can't be blamed

What I think is that you made a porous prediction on Bitcoin dump. I know you do not have the ability to put out a chart because of your newbie rank but charts add more to convincing people than not having them. Anyone can say what you said and price can go either up or down. Next time when you make such predictions let us know what price is and at what level you are expecting price to get to. With that we can trace it to find out if your prediction is right or not.

pretty much agree with your thoughts. I also think this time bitcoin and also altcoins has already falling down, the price at the market is decreasing for most of the coins. I think this dump time will longer than just a month or two I guess, but really hope the market will recover soon.

Yes, i thought there would be another big crash soon, i was empty my digital asset for two weeks then waiting for big dump but nothing happened, then I couldn't resist investing in cryptos again and now i'm trapped again, so sad for me.

Crypto investment was not the right place for you. Tried to learn to become patient and to know more about crypto, this will help you instead. It was normal seeing those struggles and difficulties as a beginner but we don't just keep that level forever. If we wanted to pursue our wants to become a trader/investor, it is a need for us to change our behavior and mindset.

Pump and dump is not necessarily the nature of crypto or otherwise you would have to say it is the nature of any kind of investment category. Real estate is a pump and dump as well even as we are speaking here. Asset prices move in cycles and that is literally the same for almost everything. Although you could say that even in cycles there might be down- or uptrends. That is why it makes sense to buy stock because overall it increases over time. That doesn't mean it can't go down for a couple of years and then up again, but the same is happening to crypto. We are seeing pump and dump like movements but the overall trend is positive. Even if we will now see a massive dump, we will still stay higher than where we were after the last cycle's dump.

but I believe after this decline there will still be bulls for this year, so this decline is only temporary and this year still has a good chance for recovery.
at least people have to make a choice whether to exit out of fear the market will continue to fall again, or buy and hold on believing the market will recover soon.

I won't really say that the market has recovered as you presume

From the 24 Hours chat, it is obvious that Bitcoin is mostly trading sideways/possible accumulation now
https://i.imgur.com/9nIZnuS.jpg

And from the 7 Days Chat, Bitcoin is still trading below $36k
https://i.imgur.com/tWesU6b.jpg

I however Believe that the market will definitely get back to a new ATH, but it seems that will still tame some time, coming weeks to months.

anything can happen, considering this market is very volatile nothing is impossible.
not all investors entered in 2017 there are also some investors who do not have experience in the market which can cause unavoidable panic.

I hope it will be as you say. With the price of bitcoin recovering in a short time, we can see a nice bull season. but before that, I think we will see a serious dump.
A very active market may be waiting for us towards the end of the year. I wonder how this summer will go. Those who do not lose money in this process will be rich in the coming months :D

There is more chance for price dump. Right now the market tries to gain resistance and stay above $35000, we don't know how long this could sustain. If this downward resistance gets broken there is more chance of price reaching low to $25000 before the big bull run for the year. Anyhow there is big rise in the real-time usage and support from different countries around the globe. This will keep the market progressive than decline in the long term.

in fact it seems that the dump, the bear phase of the market has already arrived / started unfortunately bitcoin was unable to resist, first have lateralized then it broke the resistance downwards, obviously dragging almost all the altcoins with it in the dump, but we must not despair, the market is cyclical sooner or later the bull phase will return

the proof until now there has been no big dump that I have seen in the market is indeed a dump but it always recovers within 24 hours, bitcoin still has a price above 30k and it is impossible to dump up to 10k

yes, all of that is just everyone's speculation, and will definitely be different. no one will understand for sure what will happen next. we must be able to take advantage of every market situation, if there is going to be a big dump, maybe after that there will be a high pumping. When you are investing long term and not being influenced by what other people say, I think that's the best thing for you to do. and keep hoping the market price will be what you expect, and you will be happy in the end.

seeing the post date, what he meant is probably the dump that makes bitcoin price decrease from its ATH all the way down to $35K or sub $40k.
The price right now is rather doing some sideways instead of dumping since that's exactly the pattern and yeah $10K just seems impossible considering
the $30K resistance that is rather unbreakable. The fud coming from all corner just not enough to make bitcoin goes below $30K because its real value is indeed
worth $30K above

We might say $10k is meant to be impossible as we certainly looking for the positive, but like the fact that the market was still volatile, you can't simply ignore such possibility.
What actually we needing for now is the continuous support of the big companies (and might some others will come and join) and with these instances, we no longer to see the price of Bitcoin will get back dump below $10k.

It is dumped now almost I think 5% within a day in the market, --but I noticed this when the weekend comes, it usually the market price was in red colors and it dropped the price including altcoins. That is right, the market price is unpredictable and no one knows when it will spike again in the market. However, during this situation, there are only two options that we need to do. Just hold or just accumulate while they are cheap and for sure it will surge back the price after the next few days. The $10k price prediction was too low for me and I don't think it will drop too much at that range. But let us see what will happen next.

Talking about possibilities you can't ignore anything, but realistically speaking I don't think we will see $10k again. The buying support will just be too strong from all directions. In fact a lot of people would wish for Bitcoin to go to 10k so that they can also have a chance to tap their toe in the crypto water. 10k at this point seems close to impossible for me.

it's true that 10k is an unrealistic price. there will definitely be a big wall preventing that from happening. even before the price reaches 20k, there will be a lot of people queuing to buy bitcoins. but regardless of how far bitcoin falls, it will still have an impact on altcoins later. and one thing that can not be avoided at this time, the down trend has started. so just pray, bitcoin can survive this pressure.

Willingness to keep this is one of the rules of the cryptocurrency market. Don't panic is the rule that is even more important. Correction takes place. But 10 is too much. And I can hardly believe it.

The dump is happening right now. I think it's not the big dump that you're thinking but it might occur anytime soon. China again released bad news about cryptocurrency, I think it's their strategy to promote their own digital currency or big people plan this to buy more before it will skyrocket. Badly, I didn't cutloss and now I just wait for the recovery or I just monitor and start to make different TA if the price will continue to go down or it will recover this week. What do you think ? If dump will continue will see $27k again.

Every day comes positive news, it's true. But on the other hand, there are also reports that bitcoin is banned in some countries. I think the news impact will diminish, we are heading towards a serious breaking point right now.
It could not hold strong enough around $35000 and the price is currently heading towards $30000. It is very easy to make money in the long run, but in a short time many investors will lose their money

Even the price will not fall that much we still need to monitor our investment now, I already learned from my 2017 experience wherein I invested in many altcoins but ended at lose since some of them were not available to recover. Make sure to monitor or invest only in top altcoins and bitcoin for safe holding. We never know what the market status still will be.

There is too much bad news coming to the market right now and the Bitcoin chart is also very bad. Right now those who hold cash have an edge over anyone in the market. A big break will have to happen for the market to continue growing. It could take months for the market to bounce back, no one knows what the lowest price for crypto is right now. So staying out of the market is a wise move.

The crypto trend is indeed like this, as far as I know, I have experienced it several times, I also believe that the current negative trend can be up to 2 years, but seeing the world public like Elon Musk who is actively campaigning for crypto, I believe the end of the year the market will be green again.

The dump is already hear and lots of coins would still join the bearish moment wow this has always been the tradition of market analysis. After a long overbought session we experience a drastic dip in price to complement for the bull period. But how long would this bear moment last is what no one can accurately predict at the moment.

If you look at the historical charts of bitcoin, namely, you need to look at it, since today it is still a key figure in the crypto world, then we will see an interesting picture. Look at the Bitcoin chart for 2017-2018, and look at the 2020-2021 chart. the picture is very similar to the "second wave", amplified by about 4 times, and its behavior almost completely coincides, in chronology, with the previous small wave. Most likely, this trend will continue, and the crypto market will have to rush "to the bottom", approximately to the level of about $ 20,000 +/- a little. There were no global positive changes in the crypt. the usual speculative scenario is repeated.

Only the newbies are skeptical about this coming massive fall of Bitcoin that is going to affect the whole crypto market. If you try to look at the bigger picture of Bitcoin price, you'll see that the price is still going to fall below $30k before ranging to continue it movement.

Everyone must prepare to buy Bitcoin when it hit below 30k. The market is just all about risky ventures, cutting your coat according to your cloth, not overtrading without risk management. A lot of persons are still going to lose more funds if they're not prepared to day trade the market.

Yes, we will not only see a dump, but will also spend a lot of time waiting for the pump to happen again. This dump will be going on for the long haul. If at the end of the year there is no change, then we have to wait for the next three years.

I don't think we have to wait for another three years, it's just an expected after rally phase. I think we will see second part of bull rally starting in late Summer or early Autumn, then when that rally finish we will be in real bear market. Right now prices are still too high to talk about bear market, BTC is at 33k and major altcoins are still around half of their top prices. Short term trading is risky but people who buy coins at dip would still make good money.

Its easy if you didnt need cash, sadly most of us cant hold with that condition. Do you have plan to averaging down while dump happen or just a pure hold till the price pump?

For fun? Honestly I am first time hearing such a suggestion still I agree with you because even bitcoin core developers themselves do call bitcoin as an experimental yet interesting project hence risking at your affordable level will help you in many ways. All the above I am not sure about upcoming dump because I do see there are big chances for upcoming stronger bullish trend.

I believe patience will help all the investors of crypto world because in long term almost all the coins and tokens are known for getting us good profits.

I always make sure that I have enough money saved up to survive 2 years without having to sell anything. The last bear markets taught me to do so.

There are some things that you can be certain when it comes to crypto. One is that it always comes up and down, so if you feel bad and at a loss just hold it and it will eventually go back up.
The other that when you feel like the world is coming to an end because you've lost like 60% of your money it usually means that the sell pressure is coming to an end. Don't make the mistake of selling when the market is down 60%.

unfortunately many new people come unprepared. join because of fomo, panic buy, and want instant profit. some were lucky to enter at the right time, most others were stuck buying at the top and then there was a deep decline. for those who do not have the preparation will definitely be caught in a loss, forced to cut loss or have to be patient longer.
To be able to adapt we must have a knowledge base.

china "always" said it many time when bitcoin price soar, but everytime it happen cryptocurrency being stronger and stronger than before. big dump will still continue till their bank get alot bitcoin in lowest price this year. i am confidence to say, all of this only their strategy especially giant bank in CHina to growth their assets by buying cheap bitcoin .

It's expected to happen, 2021 we are still up and bullish even though after the Tesla announcement and the Elon Musk tweets about bitcoin where they will not support bitcoin anymore or accept it as payment.

I mean no need to worry since it is impossible for the market price to go very low these days, there will be a huge resistance below 30k$ for sure.

Honestly, I like this dump since I could still accumulate more bitcoin if this continues and that gives us more time to buy more of the other potential altcoins for a lot more profit. Dumps are not negative, and its not a good time to sell after all red market means buy and the green market means sell.

Well, I think the price correction has been completed, and at the moment we may see prices being dumped. however, I think there will be a bounce back from this, and the price might go higher. to be honest, I expect the bitcoin price to hit $100k for this year, so I plan to keep holding my asset even if there is a decline or price correction. at the moment, we are seeing price drop caused by china I think

you are still optimistic for this year holding a prediction of that size. the market that moves far enough has made many people panic by selling their assets. but most believers like you know the market potential can make bigger returns.
but I myself doubt it will happen this year. a small pump will probably occur but the correction will continue to occur after that. I guess if there isn't a deep dump we will see corrections and small pumps throughout the rest of the year.

The dumped or pump already happened right this time. Everyone must really need to be prepared since it is really a big dumped. But I guess it just dumped because there is something that needs to change on it. Every downfall has a valid reason since it is crypto currency, we must really needs to expect everything that might happened. It experiences a downfall due to some correction of prices on it and after this, I can say that the market price of bitcoin will be back to normal, becomes better and more stable for the sake of everyone. We just need to be prepared and be ready to take risk, patience is really needed also in this kind of situation.

Repeat the cycle every 4 years, even to the grandmother do not go:

1) high April 13, 2013, bottom July 1, 2013, then a lot of X's for the new year
2) high June 5, 2017, bottom July 10, 2017, then a lot of x's for the new year
3) high April 12, 2021, bottom ... july 2021, then a lot of x's for the new year



Start to 300 000 dollars soon, price became 1100 after 6 months:


https://c.radikal.ru/c04/2106/f5/4a1c5c4f279f.jpg (http://www.radikal.ru)

Yeah, we must prepare to buy more and make your own shopping list now, because this coming dump is become a great success to all the buyers, Dump must be happen for the new investors have their chance to buy cheaper coin.

No time to be optimistic now, if you have something to dump do it now or else you suffer the loss. Its not good when there is something to regret when you could avoid it today.

Selling even thousands of my ADA just to make sure I'd free of it I will just wait for it to be probably less than $0.10 and probably BTC will just dip to $10k-$15K. Its not a good feeling but its just where the market is going.

This has happened more than once in the cryptocurrency market. You can plunge into history and see that there were already bans in China, but after such a hype, a permit was again introduced, but with more stringent rules.

After the growth, a correction is needed, absolutely every person in the market knows this. For almost six months, there was a continuous growth in the market and it is clear that after this there should be a correction.

Many are thinking that this is the real correction, that whatever Bitcoin price will turn up in the next few days, will be the final and the right price of cryptocurrency. So for those who bought at $60,000 before, you need to wait a little longer for the price to go up high. I am pretty confident, like the rest of the old timers here, that Bitcoin will do just fine, and we just have to concentrate in making the right financial and investment decisions so that we will minimize losses.

I still optimistic the crypto market will turn in to bull run again if price of BTC just stay above $30k for 1 or 2 month more, because sideaway for longer duration is mean that for accumulation, but if this level price broke, the market can be changing to bearish.

Doesn't tradingview provide complete charts from one day, one month to one year? because tradingview charts have also been used by some good exchanges, although exchanges like Binance have used their own.

You were right that was a big dump. The market is still dumped and not stabled or Recovered. No one knows that how much time we have to wait for a big pump. I think we can see the pump in 2-3 months. Because the market can't be in a dump for a long time. Everything must go up after the big dump and everything must go down after the pump. So it is the same as this. There was a big pump in altcoins from the beginning of 2021, that's why there is a dump.

Earlier, the dump that happened was already under $30k, and many people panicked because of it. even though the bitcoin price is now above $31k again, almost all altcoins are still affected by the recent dump. I think, in order to recover the market, the bitcoin price needs to go up and stay at $45k, and I think the altcoin price will start to recover.

- The two most popular options but only for altcoins that have the basics like their own team and wallets that combine very real applications in the market as a foundation to help reduce costs and many other things and their values also need to follow the heartbeat of the market. For exceptional cases, major market disruptions will be used as a plan to take down the project and end the proposed promises, it's rather sad if we forget to prepare in this case, quite a few people have been sleeping deeply in victory

Looking at the current market trends it is obvious that the market correction is here to stay for few months or a year. And the chances are that we might see BTC dropping below $30k in coming weeks or months, so brace yourself and hold. If you haven't bought anything then this is the time to invest.

I think the best time to buy now
we were waiting for that moment to load our bags
today I choose CRPT crypterium.com/crpt

Price would be above 43 thousand if there were no continuous bad news flowing through. This is a set up made to dump the price as much as possible and I'm not going to dance to heir music.

We were at a top showed by a pi cycle indicator and most traders saw there was a weakness and lack of buyers above 60 thousand. Think about it for a second. There was no FUD when we were breaking 30, 40, 50 thousand and then everything started all at once. Musk hating on bitcoin, the sec considering regulation and china banning mining.

There is little resistance gain which has made the bitcoin get pumped. Looking over the market it seems like perfect play of the whales to make use of the down market. Soon we can see large number of other corporate networks to acquire more volume of bitcoin. The potential of the network is being identified and the same is making whales play on it.

this dump is already on course now, there is more probability of going lower as there is no sign of quick recovery now. its one of the norms of trading and crypto especially. dips are blessings to become rich for anyone who can take the risk. watch and prepare to buy.

Its also a way to become poor for sure, be picky on the project u want invest to. Theres plenty altcoin who have a big retracement like EOS, from 14.88$ to 3.42$ which about -75% .
I dont know what worse it can be, but im starting to accumulate EOS, and some PoS coins to averaging down my loss.

$20k would be an absolute critical psychological barrier because that was about the all time high we saw during the last bull run. If we break that I think that could cause a lot of panic because thus far we haven't fallen below former ATHs in the following bull run. I would say it would catch people by surprise if out of a sudden we fall below $20k, me included...

Seeing the FUD news that is so incessant, since Elon said that bitcoin mining is not environmentally friendly and the Chinese government also responded to the mining ban in their area, whether this is just a strategy to kill bitcoin and altcoins or just make them richer.

Only people who dare to take risks and can see there is an opportunity now to return to take profits in the future. When the OP made this post he was just looking at it from a technical point of view and today happened, and is this the low point? Let's see

buying on 20k level and hold it for long term will be great deal for our investment, no matter if its drop again to lower level again. retail traders will be so panic when it realized, just comparing with current price most of them selling their assets and cut loss. Now we must prepare our mental and fund if bitcoin price could drop to 20k. maybe this range will be best place to buy .

this is not a low point, I believe it is because bitcoin is still in critical condition. the effects of FUD and bad news are still continuing, and it will only get worse. maybe in the future we will see bitcoin prices below 25k. and that would make the altcoin market really terrible.

Crypto trends are always unpredictable, many users are optimistic that bitcoin prices will reach $100k in June, now tthe market has dropped 50% from the highest price, but I'm sure that the market will recover soon, and it won't take long time to rise again.

I don't think it's fast, it will take a long time to recover and maybe for the next altseason it will be gradual over an annual period. The peak of the altseason will be the same as before, namely after the Bitcoin halving.
In market conditions like this, don't panic and always monitor the cheapest prices to fill bags with cryptocurrency.

I always observe crypto prices on coinmarketcap and coinecko, currently my portfolio is around $1200 and I place it in 5 coins, I'm not afraid of current conditions, because I believe the market will improve soon.

Just chill and wait for it to rebound, like I'm trying to tell my crypto colleagues, since if you're only swayed by your emotions, you won't be successful.

I'm also saying to think of it as a sale because it's another chance to buy a lot of it and wait for it to grow for at least a year, and I'm confident it'll be worth it. Diversify your funds, not just to a few altcoins, and ensure that they all have the potential to grow in the future.

You did not even give us duration to when this will happen and i think you only post this randomly without even knowing the chart.

__________________________________________________________________

But lucky that you have quoted it correct because from that time of posting this , the price dumped but not that big as what you are pointing because we are still at 30,000 level and that is still high compared to the value back in 2020 or even since 2018.

This decline started in April, in my opinion, and now we see a big "battle" in the support levels of $ 30,000. If this level of support does not withstand the pressure, we will see an even bigger and longer decline in the price of Bitcoin, which will entail dump at other altcoins also.

Wrong , in April there is a dump happened but Bitcoin comes back and even break another ATH mate.

the decline starts last month of May in which the fall happens and never comes back again.

but i think this will be the dumping he is mentioning and yeah we are at it now.

Buying at any price and holding for long term normally suggests it will be a great deal. It doesn't matter if you got it at 20k or 40k when it becomes 100k. Sure, you made 20k more, but will that really be worth the risk if it never goes down to 20k and you're forced to buy back at 60k when you realize it's not ever going back?

I am also sure it would be a great opportunity for a long-term investment, but if we cross the $20k mark it could very well happen that Bitcoin goes down further and stays below the $20k level for quite some time. Investing money at that point should come with the realization that this might be an investment for the long haul.

I'm much more concerned about when the next pump would commence. The market is more lively in the bull run and several persons are joining the industry and it feels like major headlines are directed to cryptocurrency. I really wish that the bull run would continue, though the market correction is a norm in the market.

Me and my friends and old colleagues went to meet one day at one of the houses and all of us were cryptocurrency investors and traders.We frequently talk about the developments in cryptocurrencies and we were shocked when one of them mentioned that the dip is not yet over. That there is talk that Bitcoin will go down to $20,000 and that the altcoins will drop big time. If you bought cryptocurrencies way way up during the ATH's of Bitcoin, then it will be one hell of a wait you need to do in order to secure your Bitcoin profits.

We would experience another bear season and it will like that for atleast 1-2 years before we can see another pump like what happen this year 2021. So if you can afford to HODL just keep holding and enjoy the ride.

we won't know how deep the dump might be in the market for this year.
we see a lot of confusion in the market. because the correction and pump occur alternately in a short time. Of course, those who want to sell or buy will experience doubts.
Long-term planning may be appropriate. but to decide whether to leave or stay with the investment will be very difficult at this time. the chance of a correction is definitely bigger, but I don't think the correction will be as deep as what we saw in 2018.

Market set to ready reverse mood, you could lose your hard earned money in this bear season. Few days back entire crypto market turn into red, time to convert your crypto into stablecoin. I d believe bitcoin and other top altcoin has a great possibility but it's time to mark yourself safe.

I am not sure about that, maybe for a while the market is undergoing a correction and in the next few days we will see the price of bitcoin and altcoin to its original price. everything will be fine no need to worry.

Looking at the situation right now I think there is a very good chance it will rebound strongly around 8 9 10th moth however there is no certainty for that but anyway for now we should probably start buying your favorite coins for the long term.

If this is a correction , then this must be the longest correction we ever had as this runs for almost a  Month now lol.

But lets assume that this is just a correction , meaning we are expecting another ATh soon?

dont worry , we are all seeking for that.

I think this correction isn't completed yet. I mean I think in quite short term range we will see rather bigger dump possibly to go somewhere around 20.000 for btc. This will kill most of altcoins because as anyone knows altcoins are deeply affected by Bitcoin's big price movements.

There are some overvalued projects still, but falling prices for some are already running in a few weeks. Many of these projects won't even have a chance to recover, this is where you need to be aware of where your investments are so that they don't turn into disappointment in the future. Well, I'm not excited because I've been through these cycles for more than 4 years and this always happens, in the end the BTC survives, maybe some other project follows it and the rest disappears.

In my opinion, I don't agree if based on that you say there will be another big dump, April-June is quite a big dump, I think for the future until the end of the year, there will be no big dump, on the contrary, I think the price btc and all altcoins will rise and rebound like prices in february 2021.

The issue with falling prices of coins you are holding is that the new best thing is always waiting around the corner and will take away the attention of most of the old ones. Not of all of the old ones, but certainly of most of them.

This is what we have to live with in an industry that is developing at such an incredible pace. Nobody thought of exchanges like Pancakeswap three years ago and everybody thought it's great to have a share in a new normal exchange, but obviously it wasn't. It astonishes me again and again how quickly technology in crypto can be outdated. That's why indeed not all projects will recover.

This is the only thing i learnt only through dealing with cryptocurrency, "anything that goes up will goes down". Waht I mean with this is we will surely going to witnessed another falls back of the crypto market prices even if it soars so high and hit a new ultimate ATH within this year because it is the essence of the volatility of cryptocurrency. And same thing as we reverse the qoute i've mentioned above, that anything that goes down might goes up again but I think in some cases it only applicable.

It doesn't quite work like Physics here. Bitcoin had its all time high, but it didn't really come down if you look at the overall trend. It has some bumps here and there, but the sentence what goes up must come down somehow implies that whatever went up will go back to where it started. That is definitely not the case. Bitcoin is steadily increasing in price with a few temporary set backs so far. I think it will continue like that.

Demand is rising and we cant just really ignore that there would really be some progress in terms of price or value of bitcoin which is on upward trend and its true that market does have really those pumps and dumps
which is pretty normal this is why when you do intent to make out investment here on cryptospace then you should really be preparing yourself on this kind of situation you might possibly faced later on.
because if you arent that aware nor being ready then you would surely freak out. lol
Prepare for dumps and pumps and you should really know on when to get out and when to get in if you are a swing or active trader but if you do hodl then this wont really be an issue.

This we never know and we will never know if the price has already dip already or not yet, we just have to watch and see how the market will perform in the future. I respect your prediction as you based on the history of price movement, but we don't see the same thing because I've witnessed the correction last 2018 until 2020 and the market is really struggling beyond my expectation.

Who would expect that bitcoin will dump sub $3k after it reaches a new ATH for almost $20k.

Is it possible to happen again this time? Of course.

It is a positive outlook until the end of the year and mostly believes in that. And it's true that there's already a big dump that has happened and that's likely sufficient for the entire year's run in the market. Although we usually see bigger dump after dump there's always the recovery that we use to see and that's making us more hopeful and optimistic that by the end of this year, we're going to see $100k or close to that price and it is based on several factors like the S2F model that we've been believing that it's attached on its pattern and what the market is showing and what we have today.

Yo, you need some emotional resistance, but I suppose that is something which can only come with experience. You have to go through bumps in order to understand them afterwards. When you first invest in Bitcoin and it crashes, you probably freak out if you are not used to it. That is why I dislike people who say first study Bitcoin then invest. There are things you can only learn through experience. Volatility is one of those things. You have to see how you react, whether it stresses you out and so on. You should start with little amounts, that is the best you can do to get to know how Bitcoin works marketwise.

the same thing happens to me , i am waiting for another crash for crypto , i hope bitcoin will crash to 20000 usd per btc , because traders are afraid buying at current prices they are waiting for the finish of bear market better buying before crash then they want hold the positive way of buy sell and trading eveyone remember the last bear market 2018 till 2020 over two years or more , it was very long traders need money for other project and sold their bitcoin at cheap prices because of the long time of bear market always

I hope that it won't anymore and unlikely to be seen bitcoin at that range.

If the price won't crash to that price, you guys have to think your step if it's going to be bold and wise to buy at its higher price once you don't see $30k-$34k anymore.

Well, we just have to be prepared at all times and set your buy orders at the prices that you desired most.

That was a good signal to anticipate the big sell off by the institutional traders!

Which I guess was also a coincidence with Elon Musks twitter postings which were perceived to be the major reason for the crypto crash...but this could have contributed but the move was already a work in progress as the charts hinted, eagle eye @Shikha99.

As of today markets have been bearish for some time which means it's time for an opposite reaction which is to go up !

We know there is no coincidence in big events, I'm pretty sure they arrange timing about this. Millionaires don't gamble on stocks like that. The crash was expected, that only helped fuel the fire more.


This is a possibility, but I think it's higher chance to see lower prices next few weeks. One thing for sure is we will see a breakout soon, either go up or down. I prefer to wait some confirmation about new trend before jump in the market.

the dump has happened how a massive dump has made the market go bad this year's price is really like a trap that makes a lot of people buy when the price is high Elon musk's influence also makes people influenced to buy bitcoin at the highest price and of course many are thought bitcoin would hit $100k but it was all the other way around the price has actually fallen bitcoin had dropped to $28k it was very surprising altcoins almost all crashed if bitcoin goes below $28k chances are altcoins will be lower in price because markets are so bad and bad that all altcoins will fall down.

What does it even mean to be prepared for the big dump. I think that everyone who is deeply involved knows that this can crash. Everyone acknowledges that. But ow do we go from here to still convince people and invest in Bitcoin because it is huge?

in fact many are buying at the price of $60k bitcoin that makes fewer buyers when bitcoin drops to $40k buyers are getting lower and the market starts to falter even more the decline is when the market has started to fall below $30k because FUD people think there will be an increase big but in fact, the market has been deteriorating the bigger the decline every month there is a great decline of course making the market not so attractive anymore.

worst or best scenario must be prepared in our trade plan to avoid big losses when we have wrong position. in every transaction we have to set our stop loss or othe money management in case suddenly dumped occur. At this moment selling pressure still strong and anything could happen , except we have good preparation in our trade.

trade plan is an obligation for each traders, with this document we will set how much loss we could accept in every trade and how much profits for target. Without plan , it is impossible for us to have goal and most of them will have unclear target just holding and holding without have any reason. Plan our trade and trade our plan be wise and usefull thing if we want survive as traders.

Yes, so that both of those things must also be used by everyone to get maximum profit, because if you only watch the pumps and drains,
then everyone will not get anything from the crypto space.

I dont think a big dump will come at all. The dump already came now it can go to the lower stages but not something extreme that would take the public to dump all their coins. The price is currently stable with the coin going 1-5% up or down everyday. So i dont think their will be a dump anytime soon