Bitcoin Forum

Its frustrating to see such a steady stall in the crypto market post January. Seems like any price change (increase/decrease) is happening at snail pace. Any hope that this market will pick up soon in the following months?

Of course the market will speed up in the coming weeks. Too many people want to invest in and waiting for this market stagnation to finish. After the prices will start to rise,  the market will speed up more. To many people know about Bitcoin and crypto currency. It will not stay at these levels too long.

It will last for another 2 weeks until mid-february Chinese new year, after which vast amounts of fiat will flow back in from Asian markets.

Markets always work like a yo-yo, they go up and they crash back down but it can't be down forever. Some whales will give it a dose of viagra lol and it will go up again. We hope the Chinese whales after they finish unloading fr Chinese New Year, they decide to cone back in and give a hige cash injection into the cryptopian arena once again so our bags can explode in price. I hate the slump as much as the next guy and gal but all I can do is be patient and wait.  ;D

Everyone wants a massive movement , it won't last forever a volatile price just like when it moves from hundreds dollar to thousands dollar.
It requires a little drop or even a crash before the market move unexpectedly reach the new ATH.
Hodl! A huge money coming after this month to boost the sluggish market , korean and chinese investor will back in action , at least that is what i believe as a fundamental.

Of course market will recover soon. just like other market or assets. the value cryptocurrency will not always grow or increase and it is normal to wait a little longer for them to recover. it is not like when cryptocurrency market crashes it will recover on the same day or tomorrow. people will still continue to invest after those fear uncertainty and doubts ends. we just have to be patient.

It doesn't feel frustrating to me. Infact this should be welcomed if everyone was using Bitcoin for its intended original masterplan.

The market feels balanced right now and not much positive news going on for Bitcoin to propel it forward.

Everyone loves it but reality will prevail that crypto markets are not going always on its glory days, There's always downfall on it and that one is currently what we experience today But if people cannot afford to hold their positions will be the losers since they will not earn with their tokens new ATH if they will sold off what they have. And I'm expecting to see some another pumps with it since the petitions of koreans are been approved and they are in the motion again to trade with alts.

trading plays with the patience of people, sometimes for whales just do nothing to get rich, because people sell impatiently impatient

Every day or every hour, I did an analysis of crypto prices in various marketcaps.
Although this makes me sluggish, we must be optimistic and believe that they will again increase even with the speed of snails. Right now I can only hope patiently, hold the existing assets, and let it be just like a bank savings.

It is just natural for any  market to move this way, this is called consolidation. Normally this happens when the market was exhausted after a bull run which for bitcoin was a month before. We can expect this phase to last longer because of how high the price went up. When this is over, we can expect another bull run so better prepare for it.

For the bubble moves of Bitcoin Price is just amazing, and really proved  that  it's going dump. but according to your question if it is temporary? yes its true  because cryptro currency is moving on in every seconds and I know that for the following months or years bitcoin will come on the top and we just wait to come up.

You need to understand that in order to see massive swings in the price, the market needs to go for a period of stagnation where prices will try to consolidate and recover before going up/down, it's pretty normal to be honest, especially around January when activity and volume are pretty low.

It might take a while before we see a bull run like the one we witnessed last year that lasted several months before the massive downtrend. And it's hard to say exactly when the market is going to pick up but I'd say we won't see any movements until mid-february or march (this is just me speculating).

So overall, you shouldn't be anxious or frustrated about the state of the market right now, instead, you should you be glad that we're in this slow-paced stage, it means that sooner or later the crypto market will most likely begin a strong uptrend.

Nothing is permanent. Balances are destroyed and the new ones are created, this is the natüre of crypto market. We need to wait for a better upwards trend to make sure the stall is ended.

Market is swinging which is golden opportunity for day traders, you can make good amount of money if you can quickly buy/sell bitcoin, eth in current market.

It might remain same for next few days before another bull run. Bulls and Bear are fighting right now.... ;D

Looking at bitcoin chart I would say that the market is very tight at the moment, so I expect a break to occur during this weekend. A lot of fuss about the CME futures contract ending tomorrow should also act as a catalyst for that break to occur. So I'm guessing that this weekend will be crucial to determine what trend crypto will follow during February. I hope it will be another bull month, after this correction period. If we confirm the down trend, then I guess that bitcoin reaching $5000 or even less is possible, but I'm still bullish on them, specially because of all the recent news regarding the lightning network. Even if the markets fall, they will quickly recover when the LN gets up and running.

It is very frustrating to see the market like this.  We believe Feb will be a better month since a lot of people are prepare for Chinese New Year.  Is that the reason?

Of course it will pick up,last year it was virtually the same thing that happened at the beginning of the year but it gradually picked up and never turned back. Just hodl and relax,there is light at the end of the tunnel.

I see, but I think your explanation is quite too general and subjective. How long then do we expect this 'consolidation' to happen? Studying on the data I have for the past three years, it basically follows a trend, that is, it will try to recover a little but get a mainstream value. As to now, we can see Bitcoin's value getting a mainstream at around $10,000. Even so, it has had climbed up about $16,000 (if I am not mistaken). I think what makes people discontent about this whole scenario is because we all are eyeing for more than what is has reached last year. We all are thinking it can do better. Hence, we take for granted gradual wins because we want something greater than it has ever been. Let us try to be patient, and see when that 'bull run' will take place.

Why are you in a hurry to see some drastic move in the price of bitcoin. The year is still very much young just 25 days into the new year and we are all concerned about what will happen in the whole year. The price of bitcoin whether its going to pick up soon or not, is not certain and everybody expressing opinions that its going to pick up are only expressing hope as no one knows what will happen in the future.

So, if you are expecting to hear some positive words about you waiting till next month that its going to go all boom, you might as well be conscious that it might also go to $5000 or $1000 then you should make your decision fast.

You seem to be relatively new in the business of crypto trading if that is true then you have been pampered, the previous year was great but we cannot expect every year to be like that, while I was not here to see the crash of bitcoin I was around when the price was between 200 to 300 dollars for months and it seemed like nothing was going to ever make the price of bitcoin to go up, so get used to it, this may be our reality for months or maybe for a full year.

If the market was to remain the way it did in december, bitcoin would reach 100k by the end of this year. There are more odds of alien invasion then bitcoin's price rising again.

Hope is the powerful power we should have because hope can give us faith about what we have done, specially about crypto market. At this moment we all feel the same like you, but we should know this condition is part of the risk. Trend is only temporary but when will change we don't know when and how far will go. For me ( depend my analyze ), we should wait until end of February and prepare our strategy in March. At that month, I believe the market will show where to go & we can decides to buy again. Maybe not same with your analyze but wait is the best we can do.

Well, that's impossible to reach 100K USD by the in end of this year. As what i read by website they are estimated to 75K USD this year. So it's very promising target value that i waiting to and for everybody here in the forum. With regards to this topic and the subject creator i am preferable in buy low sell high because this is best way to earn profit if bitcoin and alt currency return to pump maybe next month hopefully.

 If you ever traded stocks the phase is actually 10 times slower. Just be patient,you cannot expect the market to be on sideways forever and  to be honest even though the price action of the market right now is sideways it is still moving and there is still a lot of opportunities to earn profit, I am pretty sure swing traders are earning a lot. There are also altcoins right now that are going up you should check it out as well.

In majority of the time this phase of prices that makes bitcoin look more decentralized and not manipulated.. The market is on recovery and starting to show some signs of momentum but not momentarily it surely need some pressure and gas from the demand sector that can only be triggered with a positive impact that is mainstream.. We won’t need much time for it as advertised jan 26 will bring a big change.. Hope that it would be true..

Gotta disappoint ya, its not moving past 15k

This is normal.  Look at charts from the last five years.  The market has consistently tanked in January, only to pick up in March and reach new all time highs. 

Those governments who like to play the drama to ban bitcoin actually know well it is impossible to do it.
They might try to look at the bitcoin development and decide whether it could beneficial for them or not and during the proccess we are stuck.
The market stalling and some people even start to panic , calm down and watch the situation closely , the conclusion for now it will be a bullish soon.

They can't ban it, but they could surely control it.

This incident is heartbreaking to see but I've seen something like this in the past 2 years, the market value is slow moving no one is shouting pumps or dumps. Dont worry the market value will return to normal after this month better you HODL, have seen many enthusiastic people in various sources about next month.

It's a bit called panic than frustration. but that's a very natural thing if you are a trader.
because if viewed from the annual chart the price of such a roller coster also it has actually been felt from the first. but it goes up again because of the market itself.
so I prefer myself follow the existing market trend price for short-term trading.

for sure those who swing the wave will gain more profits. And perhaps to avoid regrets i think much better to wait until the price pump gradually which is it tends to soar and there's chances that the price will never back down after a months.  Or buy some alts and hold while the other coins is not stable.  

Exactly. I share the same sentiment as yours. Almost all I read in the community forum now speaks as if we are already in the tail end, not realizing that we are just beginning after such an incredible year in 2017. Have they forgotten how much the value of Bitcoin was when 2017 started? Have they withheld the fact that Bitcoin suffered several nosedives last year before it reached its peak? Nobody even knew it was going to happen, and nobody even foretold it was certain to happen. We all are in limbo, hence let us keep our peace and enjoy the ride. The more we stress about how it is going to be, the more we just end up frustrating ourselves. Remember how it all started, how almost everyone neglected Bitcoin at the beginning, and how it won in the past year. Remember. 

Do you realize its doing what its doing for a reason? Its just ridiculous to see some of your analyses of the market based on past results. Instead of procrastinating, drill thru the facts and make a solid statement.

You must patiently wait until the end of the New year in China and large investors will return to the market. At this time each year is stagnation in January. Towards the end of the winter market starts to grow. I think soon we are waiting for the beginning of the growth of prices of bitcoin and altcoins

If there is one thing that most people that trade or invest in crypto do not have is patience, they want results and they want it now, which is why those who have been able to get rid of this and became patient have been able to accumulate huge profits without doing anything else but to hold their investments for a long time.

Like any bullish movement, the bearish sentiment would also face a decline if momentum shifted towards the bulls, or if there's enough reason for the price to push for higher highs. Right now, the market seem to be stagnant, and the up-down price action between $11k and $10k is just a normal movement in the market given that not all traders seem to not be in the market yet. Most are hinting that this has something to do with the upcoming Chinese New Year, some thinking about the recent crackdowns on bitcoin and stricter tax laws and regulations being implemented. One could only guess by now, and even the best of the TA guys could also go wrong with their analyses.

It is just normal, you can't expect a market to go bull running all the time. This happens in any market there is whether it is crypto, forex or stocks. New money get exhausted that can cause the market tk slow down. Take a break and prepare for the next burst.

Of course everyone is really frustrated to see the prices stuck at $11K. However, this is just the beginning of the year, you just need to keep calm. This bearish sentiments is just another test to all of us. With bitcoin's track record in recovering from all the crash, no need to worry at all. January has shows that its a month where bitcoin is somewhat bearish (2016 / 2017).


For me it will start at the beginning of February leading to the Chinese Lunar year.


HODLing, We can't really put emphasize on it already. We should look at it the the bright side. Just buy in this dips and then wait for the price pump and if you want to take profits then you can dump it. Instead of selling it today and lose your potential profit.

Not only new money gets exhausted but it changes hands, those that invested at the top were probably new investors thinking this was going to last forever then some began to cash out, then these weak hands got scared and began to sell as well triggering more sell offs and losing money in the process, so we either need these people to learn their lesson and get more cash or new people interested in bitcoin.

No this is not temporary this Is for the sake of investor to come and buy as much as they can and those who are future planer they already have bought enough to live a secure life in coming days and those who are thinking that it will stay permanent here are on the wrong view bitcoin prices are cannot just stay on the same level and you will see in coming week the prices will prove that this is just a sale but now it’s over.

A lot of worrying events took place in January, so there was a pause and anxious effect on all stock markets, but it was not too hard to get used to it. There are still promising projects and investments.

Yes, of course, its frustrating to see such kind of stall and we cannot do anything to this and there is nothing to worry about this stall because this is how the market used to behave. Market moves like in snake speed when it is trending and otherwise, it used to move like a snail in sideways trend. the current stall is just a temporary pause and i am sure that we are going to see a big trending move soon and most probably it will be uptrend move because the long-term uptrend is still in action and it will not end once there is no strong formation of top forms over there in bitcoin price charts.

It would not hurt us for the price to remain like this for some time, I know people want the market to keep climbing and reach new record levels every month but think about it, I already run out of money to invest in bitcoin and altcoins, if the price were to remain like this for some time that will give me the chance to save some money and make more investments at these low prices then when the  price begins to move up one again I will make more profits than if the market did not stop.

I agree, January is very frustrating for all of us because of the stagnation of btc's price between the $10k to $11k mark. The previous month caused a lot of losses to us so let's hope that good news will welcome us this February. So for now, just  remain buying and holding bitcoins because that's the best option for now while its price is not yet recovering.

The fluctuations here in crypto world are normal but it's much better if btc begin to stop making larger drops and will rise again right? :)

I like your optimistic. If all bitcoiner can be optimistic like this so i am sure the bitcoin price will never touch this point.
All people optimistic and prefer to hold their bitcoin and other cryptocurrency so the price will more stable up rather than goes down. I am sure that because no many people sell and the other will keep buying.

I'm pretty sure that this is just a temporary status of cryptos as we all know it's unpredictable but the likelihood that cryptos will pump again can happen any time besides even before the fluctuations seems to draw a pattern like this and only in the mid of November to December that a sudden pump in the price of cryptos especially bitcoin took place. Let's just be positive and keep trusting our investment.

What we feel is not really relevant to the price, the important thing is the reality of bitcoin and when we look at it things have been rough for bitcoin recently, so it makes sense the price has gotten a hit, but the only thing we can do is to remain confident that the technology in which bitcoin is based is still the same so if bitcoin reached 20k before it will do so again especially since the devs are working in improving the technology even further.

the fate of most altcoyins interests me a little, but some projects in which I took part are very important to me. so I'm interested in how viable the tokens of these projects are. Well, too few people will be able to answer this question, because there are many projects that are similar to each other, and which will not be more promising.

I agree. Its really so frustrating at times to see your wallet and slowing draining because the market is currently stalling. We have been spoiled to see the price goes up, specially last December when it nearly went as high as $20K. Good times.

But 2018 is really a pain for all of us. We didn't expect anything like this, so the best thing is to wait for it to bounce back. This behavior though is just normal, everything is either up or down. And I'm happy that most of the members here are still bullish about bitcoin. Only few members spewing lies and FUD. When everything recovers, all those shills will be silent again.

The FUD mostly comes from newbies that bought in December and now think the world is ending because bitcoin stopped growing for a month, at the end of the day it was their fault by buying when the price was so high, I like bitcoin but I knew I was not going to buy at 20k knowing at the time that was the highest price it has ever reached, now buying at 9k feels fine since I know the potential to grow way higher than that is possible and it could happen in the near future.

Definitely it is a normal dip. People need to understand this fact. They must understand why the prices are up and down every other day. Bitcoins are not good these days but it doesn’t mean they are losing their values. They will be sighing but with the time. They are volatile and be changing every other day. So be optimistic.

I believed this stall in the cryptomarket is just temporary.Like any other, could be offline or online businesses there is always the ups and downs situations or off and peak seasons. This time must be its down or off days so better expect the up or peak season in the coming days or months. So stay calm, buy some more if can still afford then hold. That's it.

Definitely yes, as you said the price varies, it goes up and down, probably it is just temporary. And soon after couple of weeks or months, the price of bitcoin and other cryptocurrencies will go up because it is very normal for a cryptocurrency to change its value and that's how the market flows.

Actually the bullish race experienced in the bitcoin market throughout 2017 was so accelerated and aggressive that it was expected a period of calm where things are adjusted and take an appropriate cause. In any market is imposible to see an asset with continuous growth over the years, and the same bitcoin indeed remained for two years before 2017 in a fairly stable price range, so you must be mentally prepared to tolerate this current situation even for several months or years.

Take it easy it is just the market cycle you can't be against it. Just take a rest and wait for a better marker cycle, the market won't go parabolic all over the time its need the calm accumulation phases before it goes boom again.

I totally agree with you. The increase in the value was too rapid, but I still believe cryptocurrencies are the future so just wait for the good time. This time is coiming!

Yeah really agree nothing doubt on that positive think about the price will be better soon
All strong with brave heart crypto ethusiasm aren't lose them faith cryptocurrency goes waking up,
And the near future gives better earnings profits patience very needed this recently situation of crypto

9 month already crypto in bearish and bull market is not coming yet. Usually from the historycal price of crypto, bull market is should started but for this year look like bull market come late. Keep patient waiting for bull market while doing day trading is great to do now to recover loss and make some profit. Bull market sure will coming but we never know when it is, keep patient will bring to make alot of profit later.

Market will eventually turn around and you just have to be patient because it will come. Some are just frustrated because their main source of income is cryptocurrency so it is a big discouragement for them not being able to earn enough income for the past few months. I hope that this year, it would get better. After all, there is still a quarter left before the year ends.

If you are one of those who invested last year then I hope that you learn a lesson to not just wait for the storm to pass but instead takee advantage of the opportunity of fluctuation and earn a little profit at a time. You will notice that your loss would be reduced or much better, you would have gained profit during the bear market.