Can market go down now?

[Pajdo]

At the moment, the market continues to fall. I think that the trend will be falling for several weeks. But we must be strong and believe that the crypto currency will give us a good profit.

I am afraid market will go down for several months if not even 2 years.

[morgan4140]

Now there is a possibility that the market will turn around and go either down or up. On August 23, the decision on ETF will be considered.

[Bhargurn]

Market can always go down. All it takes is couple of bad news on a row. Now we are coming out of correction and the mood is good. Be patience and it will be back again very soon.

[phabulu]

Get used to this because in my opinion the market is going to remain at the current levels for a long time, we are going to see some variation in the price as it is normal but eventually we will always return to the current levels, this is in a way another test, there are people still holding hoping for a recovery but after a few years of this many of them are going to give up as well and sell their coins.
Everything can happen. The market shows its volatility all the time - today it can start a bull run, and several days will pass, and the new bloodbath period can start. 

[Sephire]

I think most of the bad news is already priced in the crypto market, even the SEC ETF denial today:
https://www.coindesk.com/sec-rejects-7-bitcoin-etf-proposals/
The market is going to slowly start rising again soon.

[Coinseeker22]

With the current market m, thats should answer uour question. So most of the altcoins pump yesterday, charts and candles are all green, and its not a surprise if the market is back to the usual red candle stick. Guess a lot of people are holding at this current value of whatever alt.

[Matcuda]

Hey what do you think, can scenario of January repeat? I mean can everything suddenly fall again?

Has gone down and falls even more low, while the relation of whales will not change to simple investors and they will finish to speculate. It will be interesting to observe two situations: a prolonged ascent and its dynamics and continuing descent.

[altercreed]

It's already down and not just today because it's down most of the time since mid January until today. If bitcoin can't have a significant run in the coming months, then i think this downtrend will remain throughout the year.

[Danilotot]

If you are studying the market, it's too big and too long that its price drops, but we can not do anything for those who can not wait to sell their coins, and just keep it up and lift it up It's been a year so we just hope to have a miracle.

[1DC]

Hey what do you think, can scenario of January repeat? I mean can everything suddenly fall again?

The market is in deep hole right now so no need to worry about but I must say that don't lose hope because everything will be okay soon when the holiday season start so maybe it is better to be ready and start an investment on those good coins.

[Flor1982]

Hey what do you think, can scenario of January repeat? I mean can everything suddenly fall again?

I am afraid so but this time was due to SEC rejected the ETF proposals once again in which many Bitcoin enthusiast will be disappointed for sure. Hopefully if there is negative impact about this development which not favor the Bitcoin community then that impact should not trigger a panic to the people that might delay the long awaited bullish run in which expected to happen this 4th Q.

[illnino]

I do not think that the market will fall again to the level of early 2018, although Bitcoin has already reached its lowest position..

Nobody knows this lowest point. Open the articles about the crypto that appeared some time ago. This so-called lowest point is different in them - 5K, 6K, even 4.5K.

[nikiblinki]

I believe in crypto and in blockchain and think that it is our future but we could expect everything now

[TheMateus]

We do not exactly know but there are possibilities taking into consideration the aspects affecting the market. Its a matter of how strong you are in moment wherein the market is down.

Actually Mate the market is started to green in color again.This is the meaning that the prices was started to rise up and increase its value.We hope it will continue to grows up it's price so that we gained a lot of money in crypto.

It's just to get more people in. If it goes a lot more people come in and so whales can profit. You must be careful about hasty conclusions.

[Glok17]

I think that this scenario, suddenly, may happen again and again, crypto is a very risky thing and can be really shaky sometimes...

[totoy4741]

Anything can happen as we cannot dictate or predict what thearket would be day by day, it could be up there and healthy, or it could be down and bloody. But as of now we are starting to see that the market is starting to recorver slowly.

[CryptoDoing]

Over can, the more likely to happen again. There is no guarantee that the cryptocurrency will not collapse rapidly. After all, digital money has no real price.

[policeoo]

can the market go down again?
Of course, it can. No is going up again, but it isn't a sight it will stay that way. We can just hope it stays that way, but in a week or less it may go down a bit.

[raphaleee]

The market has been falling for some months.I hope the growth of the market in the coming months will rise.Today Bitcoin's price has dropped to $6623.This situation is suitable for buying some coins.I think the price of Bitcoin will reach $20000 next year.

[best ever]

We do not exactly know but there are possibilities taking into consideration the aspects affecting the market. Its a matter of how strong you are in moment wherein the market is down.

Actually Mate the market is started to green in color again.This is the meaning that the prices was started to rise up and increase its value.We hope it will continue to grows up it's price so that we gained a lot of money in crypto.

Do not trust these green days. The bears still rule the market and they do not want to give up their positions. Let us wait for the cryptocurrencies' prices stabilization - it will not happen so fast as some of us might think.