Bitcoin Forum

Hey,

When the market first started dipping, i was really convinced, that it would go up again, but now I’m not sure anymore, many altcoins like avax are basically on bear market levels and these are bluships. I was kinda sure, they when trump would get vodet, the market would reach new aths bot now its not looking to good for him anymore, and the market keeps struggling.

Happy to hear your opinions und when it will go up again or not, and at witch levels u would sell or buy more?

In the trading market here in the crypto industry, just remember that the price of bitcoin or cryptocurrency can only go to two, and it is the up and down price on its chart graph in the exchange. So, if you see the situation of the market in a downtrend for a few months, do you think that apart from the price going down, what else can the price go to besides the price going up?

Do you get the logic that means OP? That's why the battle as traders in this field of bitcoin business trading is patience, and there are only two types of traders, and these are the short- and long-term traders. Now where are you in the two?

This must be the OP first cycle because he seems incredibly naive & not aware of how markets behave. Nothing goes up in a straight line. We have legs up followed by dips & periods of re-accumulation in every sing bull cycle. This is nothing new, it’s still a good time to buy but you’d better hurry up, we are going to explode upwards in 2025.

I do not think so, I also think that it did not even start yet, we are not going to see it reach the peak until 2025, only then we will start to see it do fine. I think it is clear that we are going to see some issues and we should be considering this as a normal situation without much issues.

I believe that what we need to do here is to make sure we deal with something that is fine and we can make some money from it as well. I know that it is going to be tough situation to start with, but as long as it is not really that complicated then we can see a 100k+ bitcoin and based on that everything else will be up about that much as well. A 50%+ or even 100%+ increase in price for most good coins should be something we can see.

There is a great possibility of seeing a bull market in 2025.  Many people started to think that the market might crash due to the high volatility of Bitcoin, but I think this was the last correction for Bitcoin.  Now the price of Bitcoin will stay at home and we know that when the price of Bitcoin goes up, the price of coins in the whole crypto market goes up.  The same will be seen in the coming days as well. As the price of Bitcoin rises, so will the price of every coin is increase.  So I think crypto-currency's bull season is not over yet.

If we look at the history in September, it's bloody meaning that the market has declined throughout this month but only temporarily and I think it will recover soon after the following month, that we believe there will be another bull run especially in 2025 as many people predicted.

We are selling will be at bullish levels of course, but now we have to be a little bit patient.
For more buying points, then now in times of decline then make sure the altcoins that have the potential to rise again.

Some people say the bull is over, we are not sure about that, well it doesn't matter sometimes when people decline there is always panic when prices are still stagnant.

Keep holding the bull market isn't over. Avax is a good project, I also have some that I'm holding and will be selling when the altcoin season comes. I don't think we have gotten the altcoin season that this bull market deserves. Lots of predictions are saying Bitcoin is good to get to $100k and more hence we should be expecting altcoins to also have a good bull market. Any altcoins that you already brought, don't sell them now wait some more time and you'll be happy you did.

When you're in doubt of the market becoming bullish again, look back at the market history and you'll be convinced that the market isn't going to fall forever. I won't say you should continue buying because we don't know how long the market will be falling but don't sell the projects that you already have except if you bought a bad project out of it being over hyped, you should sell those ones.

Feelings of doubt about the crypto market, especially when seeing continuous price drops, are very natural. Many factors can influence market movements, including the global macroeconomic situation, monetary policy, and political sentiment, such as the presidential election in the US. With regard to Trump and the US election, the impact on markets may not be immediate, but rather depends on the policies and economic stability resulting from the outcome of the election. For altcoins like AVAX that you mentioned, even though they are currently in a downtrend, it is important to remember that these projects have their own cycles and can be greatly influenced by technological developments, adoption, and regulations. As for when the market will recover, it is very difficult to predict with certainty. Finally, keep in mind that crypto market movements are highly volatile and influenced by many external factors. General advice is to always do in-depth research before making any big decisions.

nobody know whether the market will turn bearish or bullish as of now, but I can be sure that the bullish will have higher chance to continue up, recently market pumps BTC to above $60k and has been showing good strength at current price.
the reason you might see some coin like AVAX dumping is probably because BTC just raised its dominance sidelining altcoins and hoarding all market cap back t BTC again.

this event occasionally happens whenever we're in rally so I think it's normal though frankly speaking, there's always a chance that this bullrun around might become premature and ends before we reaching climax.

speaking of AVAX, the price still well above its lowest point by significant amount more than 200% I don't think it's that bad.

https://imgvb.com/images/2024/09/14/73146edcf277591a7e48145df8fdd296.png

I was worried about the current situation in the market regarding AVAX and other altcoins. Confusing it can be, all the more so when initial hopes for recovery seem high.

It is true that most altcoins are in a bear market now. and all market factors Including political events such as Trump's events. It may affect the confidence in the market. All these factors can't be predicted. In other words, one can hardly give an accurate forecast of the up-and-down movements of the market. and thereafter choose an optimal buying or selling strategy.

As for when the market will recover, none can say for sure. It all depends on a lot of factors: macroeconomic conditions, technological development, news on regulation. Following Market Trends Being informed about industry developments and making use of technical analysis tools may help to a certain extent in decision-making.

for buy and sell Several traders try to manage their risk by applying dollar cost averaging DCA on purchases and setting stop-loss orders on sells. It's also convenient to set target levels using past performance or indicators. too

Generally speaking, however, it is essential to keep updating and researching information to reach a decision that will be a good fit for one's investment goals and risk tolerance. The value of local opinions and expert analyses on such markets is also immense.


Actually, your point is highly relevant to the current debate. In fact, doubts and concerns have always been real in the crypto market, especially in a protracted downturn. It is very important to note that several factors-from global macroeconomic conditions to political events such as the US presidential election-play a role in market trends. The result of such an election can influence market confidence and economic stability. But it is much more likely to be one of the longer-term, rather than short-term, effects.

Altcoins like AVAX are trending downward at the moment, perhaps. But one thing to bear in mind is that often these projects have their unique requirements and may also be affected by the technology acceptance rate and regulatory changes; events which may be auspicious for future prosperity or a change in market behavior.

As it is pretty volatile, with a lot of the market depending on external factors, predicting when the market will recover is very difficult. Keeping informed with key research and an eye on big or small trends will help in making an educated decision. Patience and a tried-and-true approach see you through these tumultuous times.

The bull market is not over although you thinks is over. The down at now show that the correction is come and refresh the market. And now, the price is up although the down can come again. Bitcoin is not yet reach the next ATH price but it will soon increase so you must be patience for that and prepares your assets to be sell at the next high price.

The market still have more time to increase back so there is no need to worry. You don't have to rely on the news or event but you need to analyzes what can happen to the market. The down of the market can happen because of many things and not just from one event.

What you can do is just be ready for anything will happen. If the market is down again and stay at lower price, you can buys back Bitcoin or other coin and holds it. By doing that, you will have a chance to make a profit later.

There is an expectation in the air that the bull market has not even started yet. I am also inclined to this version and assume that the current market is waiting for the start of a bull run. If we evaluate from the position that at each new BTC-cycle, which directly affects the situation in the entire crypto industry, bitcoin's price each time exceeds the previous peak value. During the current cycle, we didn't see this, which means that this has yet to happen, which will lead to a bull run among altcoins.

Wait, the bull market will still happen.

The market is kinda bearish now but the bull market is not yet over, what we are expecting now is the peak of the bull season which I assume will take place towards the end of the year or by next year ending. If you lost hope in the market, don't sell but rather, keep holding because if you can not hold, you won't be rich.
Concerning the AVAX coin that you have just mentioned, I was also having an eye on the coin because my friends believe that before the end of the bull season, it will pump, I don't know how true that is.

Are you sure about that? you're only looking at the short term of the market, maybe from a month chart. But let's look at it since September 2023 up to this month of September 2024, this is what the charts entirely looking for the whole market. This is from 1-year snapshot of the market, it's kind of low from the peak but that doesn't mean it's bad.

https://talkimg.com/images/2024/09/14/B9vxP.png (https://www.tradingview.com/markets/cryptocurrencies/)

No one knows but be patient until next year and about selling, I don't know but maybe soon or maybe not anytime.

Altcoins tend to rise in value along with Bitcoin. As the value of Bitcoin continues to rise I think other altcoins will continue to rise. If Trump is elected, crypto futures may be somewhat positive, but it may not be a good decision to have your investment considerations on top of that.

I believe Bull market is not over yet it is almost ready to enter into new bull cycle after interest rate  cut is announced next week, and this bullish market may continue for quite long time extending from December,24 to throughout 2025. There are several factors those could support bull run including election in USA, interest rate cuts and above all growth in institutional adoption in USA and this momentum is like to spread to Western and Asian countries, further fueling the bullish market.

FUD is something a lot of investors are going to need to fight against. Just remember that a bull market doesn’t mean that the direction of the market is always on the rise. Crypto is volatile and even in bull markets, we can see evidence of it. Generally what I think of bull market is the period where new aths are recorded disregarding how many times it dipped in that period of time.
Bitcoin is often affected by news, either positive or negative, and moves towards that direction but not always. Trump is not the only deciding factor in how the market will move. There are still plenty of events or news that could positively affect Bitcoin. Don’t worry and be patient.

My personal opinion is no, it's not over as this cycle has been shorter and lamer compared to others. And i guess my answer also depends on what time frames are you speaking of when using the phrase "bull market".

But that's because i am trusting way more that market history would rhyme with itself, just because others probably believe that as well, so it's a self fulfilling thing.

If you believe in TA, moving averages are still bullish, but they are reacting slower to bear market, so i wouldn't use them as a confirmation for bull. And since oscillators are bearish i can understand why people would short everyting. Because if btc btc doesn't break $61k soon, i can see it going even lower.

Fundamentals are better then ever, so in a long term i can't see problems. BTC might drop, but that's always temporary. Alts on the other hand might drop hard again.

There will be no big pump in near future as the world if facing the worst economic crisis so is crypto world. Bitcoin and other altcoins will be trading between the percentage bracket of 15-20% market goes up and down gradually and we may see a dump in 1-2 months. No coin will reach ATH price before November, by the start of next year the market will pump according to my opinion!

The bull run barely even started.  I think we will see a real bull run in middle of next year if it follows what other cycles have done.  I know not every cycle is the same bit once demand starts kicking in and prices start to rise I think we see a run into the mid 100ks for bitcoin.  And with it a massive bull on alts.  Take the opportunity to keep stacking up and make an exit plan to be able to capture some profits.  Bull runs are useless if you never lock in any profit.

Altcoin season is not here yet, look at the price of bitcoin, it is yet to pump to as high as is expected in this cycle, but it will. If you do not know, altcoins somewhat follow the price of bitcoin, so you have to be patient. If bitcoin does indeed rise to as high as $100,000, then some altcoins are also going to pump, the question is will you be hodling the "right" altcoin when the altcoin season comes, and will you also be smart and ready to take profit when you should.

Sure, we are at the early in terms of cycle time, but this is the first time when btc is going down for so long time right after halving:

https://talkimg.com/images/2024/09/15/BOcwj.png

I am not sure what conclusions should i make from that if any, but it's clear that we have broken a pattern and that we are in uncharted waters. To me it means that anything could happen during this cycle. I am still bullish, but not enough to long btc with a leverage.

only holds true if bitcoin dominance isn't increasing when bitcoin is rising, because it means all the money are going back to bitcoin not to alts.
I think if you observed the chart movement you will figure out sometime price of alt just outright stuck while BTC recovering back, it's the cause of BTC dominance increase.
for altcoin to happen it gonna need bitcoin dominance and usd dominance to get stuck or decrease while the market cap of crypto is increasing, which might happen after BTC having bullrun first.

Why self-moderated?

Well, since we're here in the altcoins market, this thread itself... I don’t think it’s over yet because the real bull run for the altcoins market hasn’t happened. That massive bull run we’ve witnessed before, where Bitcoin hits or gets close to its all-time high and then altcoins follow with a big pump - that hasn’t really played out yet, as far as I can remember.

So no, it’s not over. In fact, it hasn’t even started yet.

I am with you here, we still haven't seen something like that at the moment, but everybody (or most of us, lol) waits for it to happen.
It many happen in October, sooner, or in 2025 altogether - but it will eventually happen, something along the lines of what you described.
And we should be ready for it, in my opinion, to see our portfolio grow.

With the increase in the value of Bitcoin, most of the leading currencies are seen to indicate an upward trend which continues to influence the crypto market to a large extent. To make your foray into the crypto market fruitful, you need to be patient and prepare yourself for the long term. Some investors tend to buy altcoins in bearish times which tends to affect them positively to get profits but should choose the right coin.

..Or they get the market wrong and freeze their funds with the alts intact for the time being, half a year or a full year at minimum ;D

It is always like this whenever we're not yet on the peak of the market. We used to say that we're entering uncharted waters and that's a fact because that's always the case with the bull runs.

There is always a set of new trend for each market and the patterns that we're following don't get aligned asap when we're in the bull run.

I am also bullish and it's true that still anything can potentially happen on this bull run, this year and next year.

Bullrun is what it usually is, if one really wants to know it, one has to look at all aspects like how the market is behaving. Most of the time we don't realize when the wife run starts or ends. Literally the bullrun hasn't started yet because Bitcoin has corrected many times before the bullrun started. That's why it can be said that we will see a bullrun in three to four months. But there are many traders who have already filled their bags with valuable money for the bullrun. Those who haven't yet will definitely be miserable during the bullrun and won't be able to make much profit afterwards.

Too many are looking for real bull trend with now things are not going as we have in past because whales are having strong control, and they have usually done as they wanted which is the biggest problem even we are sure we will have good changes and things will be gone positive which will bring good bull run but how and when it's never been easy to predict.

Best thing keep things ready for all situations and just invest which you can afford to lost because now we are living in Artificial Intelligence era where predictions are never been easy.

In the Past, we have trends like these while bitcoin is going to positive we have good change for the altcoins as well, but now we are having few changes which are bringing different ways, and usually we are having sudden and monopolized changes which are hurting investors specially while we are having newbies those are not well aware about these tactics which are used by whales for controlling things and having short term profits we are having to be very precautious about few things if we want to keep updated and having better use of our assets for profit.

has the bull run started? i didn't even realize it. how will it end if it hasn't started. i'm pretty sure that the bull run is coming soon. it might make bitcoin and other altcoins reach new ATH. so far, before the halving happened, new ATH on bitcoin has been reached. but that's not the bull run we're waiting for. so i think it's better to prepare your portfolio before the real bull run happens

That's the nature of the market, it doesn't always move up, it hasn't even touched a new ATH, why do you conclude that the bull market is over? Wait for the current situation first and when the price touches the point level that I started holding, let it be if the price goes down I will look for a good position to add more investment after that just wait for the next market movement usually it will bounce up

First of all, the question you want to know is not answered. Currently, the bull season is not going on. I hope the bull season will start in the beginning of 2025 or the bull season will start in the first quarter of 2025. The last bitcoin halving happened in April 2024 and if we check the previous records then the bull season started one year after every bitcoin halving.  From this point of view, there are still a few months left before the start of the bull season.
So I think we have nothing to be disappointed at the moment and also want to remind you that there is no guarantee that all coins will perform well during the bull season.

No I do not think this 'bull market is now over. I do think it is only a small correction in the price of Bitcoin. And also a correction in the price of the alt coins.

There is still alot of big hodlers buying coins just for a cheap price now. I do think there can be some time any time now we are going to get big profits. And I think this will happen soon. Do not sell your coins right now just hodl them.

I do not think so, it should take a bit longer for something like that to happen and it is not going to be that quick to happen easily. We should see this getting a good result with time and because of that I think it is going to take a while. We are going to see bull continue a bit more, I think about six months more and about 100k+ before we start seeing bear market start, before that we just need to go up a bit more.

I understand that people could lose hope at times and it has been a boring period when the price is just between 50k to 60k and not much changes happening at the moment so I understand it but that doesn't mean that we are seeing anything getting crazy, it is getting to a point where we are finally going to start seeing good results, we just need to be a bit more careful.

The bull run is not over yet i think bitcoin will rise back in the next few days and the altcoins will also rise it is just like what happen again and again.the bitcoin is now slowly recovering from dip to bull run and in the next few months we will experience dip again,do worry about it it is normal for bitcoin it is not stable it is decentralized.