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Author Topic: When will the market recover?  (Read 4003 times)
kaspabha (OP)
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March 10, 2018, 08:29:38 AM
Last edit: March 10, 2018, 08:48:08 AM by kaspabha
 #1

Up to now, this year is very bad for crypto investors. Everybody hopes a uptrend soon. But no one can say when it happen exactly. Some people say in april, it will start and go to peak in june and decline in august again. Some says gradual increase will happen from april to year end. Some people already converted all coins to usdt and hope further decline may be to 5k -6k. Very difficult to guess. But bitcoin will not dead. We can say it without any doubt.

What do you think about this? Will we see the downtrend continuously?
manggis97
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March 10, 2018, 08:35:07 AM
 #2

I still positif about the crypto market, in every years will continue growing. I look in to daily chart in some coins and many of them in oversold area and long consolidation so in my prediction not more than 1 month the price will start bullish. And for Bitcoin can be reach to $30,000 in last of this year.

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March 10, 2018, 08:35:40 AM
 #3

Up to now, this year is very bad for crypto investors. Everybody hopes a uptrend soon. But no one can say when it happen exactly. Some people say in april, it will start and go to peak in june and decline in august again. Some says gradual increase will happen from april to year end. Some people already converted all coins to usdt and hope further decline may be to 5k -6k. Very difficult to guess. But bitcoin will not dead. We can say it without any doubt. What do you think about this? Will we see the downtrend continuously?
We have not seen it continuously, there have been green days for coins, though not for long. So everything will be restored for a couple of weeks and maybe more, well, then, as always, correction. Without it, too, it is not interesting and frightening to look at the prices of coins.

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March 10, 2018, 08:37:38 AM
 #4

I assume that we going to see a recovery once a big news are being announced, something like a country which is now accepts bitcoin as a legal tender, or maybe US regulators to see bitcoin as a legal currency.
The market is pretty much dead because the hype has been completely stopped.
When we hit 20K$, we could see bitcoin at every news site, it made a lot of traffic to bitcoin and that's  why we were able to hold the price over 15K$, now when the hype has been stopped the market is completely dead, and I think that the only way to recover would be to have news that would bring the same kind of hype again.
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March 10, 2018, 08:46:16 AM
 #5

Just some good news and it will start comeback its normal we have seen this many many times so just wait a little this is crypto so we cant do nothing with this ,we will see green soon.


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mariayaz
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March 10, 2018, 08:52:23 AM
 #6

As said above, its crypto and no one can predict it but i guess patience is a key to do investment and trading in crypto, so we are just waiting for it to raise back and meanwhile adding up good coins in portfolio.

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kaspabha (OP)
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March 10, 2018, 08:55:19 AM
 #7

I assume that we going to see a recovery once a big news are being announced, something like a country which is now accepts bitcoin as a legal tender, or maybe US regulators to see bitcoin as a legal currency.
The market is pretty much dead because the hype has been completely stopped.
When we hit 20K$, we could see bitcoin at every news site, it made a lot of traffic to bitcoin and that's  why we were able to hold the price over 15K$, now when the hype has been stopped the market is completely dead, and I think that the only way to recover would be to have news that would bring the same kind of hype again.


I completely agree with that. There is a big role for china & USA.
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March 10, 2018, 08:58:13 AM
 #8

I think that the decline will come to an end this year I can not give a date, but I'm pretty confident will keep its popularity forever as you say bitcoin
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March 10, 2018, 09:06:24 AM
 #9

It depends on the security recovery process
When most "powerful" pools will claim that everything will be good and they eliminate all problems market will go up again
But, in my opinion it will be in 1 week
Really many people are ivolved in crypto-world - if it's gonna stretch out for a long period, they can lose their trust and money

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March 10, 2018, 09:07:42 AM
 #10

Market always recover after some dump. Dont worry and stay strong. Hold until millionare guy, dont panic sell and regret later. No one can stop cryptocurrencies wolrd
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March 10, 2018, 09:07:57 AM
 #11

I think it's still going down, and it's not going to change that in the short term.
Because most investors in the market have not regained their confidence, I think there is still a downward trend.

bangkecol
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March 10, 2018, 09:12:22 AM
 #12

as long as I've been watching for the last few years, this is a natural thing, as we know that bitcoin earlier in the year of the previous year has also experienced a market correction and even reached its lowest point in the past few years.

In the trading system the low rise of a price is based on many factors, but the most important is the level of sales and purchase volume.

It is unpredictable when it will rise with reference to the technical side that currently bitcoin is still in a low fluctuating stage between 9k-10k with the lowest point of between $ 6000 so as long as the lowest point has not been touched it will be time for him to go back up in the future
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March 10, 2018, 09:25:52 AM
 #13

There are too many dumpers such as the mt gox whales who are forcing the price down. It won't last forever, but it will probably stay around the 10k area for the next few weeks at least. Once bitcoin moves past it, more investors will join in and alts will rise as well. Don't worry, the market always recovers and bigger and better than before
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March 10, 2018, 09:26:59 AM
 #14

The market will recover once Bitcoin price stabilizes. Since alts are still tied to Bitcoin, whenever bitcoin price drops, alt prices drop too. And whenever bitcoin price becomes stable alts pump.

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March 10, 2018, 09:32:54 AM
 #15

The market will recover once Bitcoin price stabilizes. Since alts are still tied to Bitcoin, whenever bitcoin price drops, alt prices drop too. And whenever bitcoin price becomes stable alts pump.
This is true. There is a direct correlation between Bitcoin and altcoins in the crypto market based on past history and I feel that the entire market is suffering currently due to the downtrend exhibited by Bitcoin in recent times. This is healthy and obviously not last. Such dips are a common occurrence in this extremely volatile crypto market which is why there is no reason to panic. I am expecting Bitcoin and popular altcoins to begin a rally in the near future which will help them set new all time highs. HODL your coins since this is a bad time to sell.

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lobo13hf
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March 10, 2018, 09:53:59 AM
 #16

Up to now, this year is very bad for crypto investors. Everybody hopes a uptrend soon. But no one can say when it happen exactly. Some people say in april, it will start and go to peak in june and decline in august again. Some says gradual increase will happen from april to year end. Some people already converted all coins to usdt and hope further decline may be to 5k -6k. Very difficult to guess. But bitcoin will not dead. We can say it without any doubt.

What do you think about this? Will we see the downtrend continuously?
They said April and then if we will be facing another downtrend in April and they will try to tell us about being patient for next month i meant (may). that's a speculation and you will never able to get the true answer about that.

But as far as i know, this downtrend caused by a big dump and it will not be repeating again soon. As the rest of bitcoin amount in mtgox trustees will be saved for the future usage.



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Jonsnowstark
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March 10, 2018, 10:01:09 AM
 #17

Everybody's trying to speculate how this year will go. We can never really tell how bitcoin will behave this year. It will be up to the people behind bitcoin to bring something that will make people fall in love with bitcoin again. The problem of bitcoin has already been out in the open, the people behind it, the programmers alike, they should find a solution to the woes of every one who used to love bitcoin but now has totally converted to alts. Also bad news after bad news has pulled the market down. We need an uptrend news so we can woe more investors.

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March 10, 2018, 10:04:52 AM
 #18

I think that the market decline will stop when stop selling MtGox's bitcoin, so the active sale is already underway for two months, which causes a drop in the exchange rate.

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March 10, 2018, 10:06:49 AM
 #19

In my view small investor can not change the mood of market. Big investor who can change the mood of market is out and waiting for more lower side to invest. I think One should also accumulate the coins/token when market comes down and after Aug2018 upto Dec2018 market will continuously go upwards.
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March 10, 2018, 10:11:01 AM
 #20

I'm still very positive in long term view... even if United States are day by day most against cryptocurrencies, there are other countries like Europe that are more and more regulating in order to full adopt crypto.. this is very positive and will make the difference in 1-2 years...

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