The market does not look good!

[Leftneck]

for now the market looks better than it was at the beginning of last month.
hopefully the end of the year will rise in price, especially for btc and eth

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[bidbud]

yes ,, it looks like that ,, the market is not friendly ,, btc price is also unstable ,, got up but finally went down again ,, quite disappointing ,,

[erikoy]

Yeah it is really true so one must be careful this time i guess most of the investors nowadays are really smart on doing business with cryptocurrency. As we all know that if the bitcoin market price goes down so does the other crypto as well and might consider selling the crypto. Anyway i guess that most of the investors who are investing in other crypto are already earning as for now. So selling it would not be the problem. Anyway after that considering the possible baseline of the crypto in the lower portion of the market price then buying it again is the best way to do.

[Geoll29]

The bitcoin and some altcoins go up a little higher for about two weeks but now they are sinking again. I think this is just normal for the crypto currencies. Just like any other types of investment it may experience ups and downs but in the end if we are just patient we can still earn from them.

[cryptoenterprise]

It's true that altcoins prices are still affected but the price of Bitcoin but I'm not worried as this is a normal market behavior and for someone investing long term this is not a issue.

[Cnut237]

The market looks okay to me. We've had a little bit of pullback over the last few days, but it is still part of the rising trend that we've had for a few weeks now. Personally I am quite happy. I don't want a repeat of the sort of meteoric rise that we saw in December/January, as we all know how that ends!

Steady increases interspersed with periods of consolidation is a more healthy pattern, and leads to more sustainable longer term growth.

[ethereumhunter]

If BTC goes below 9K many coins will go down big time!
Be careful!

I am not sure about this because I think if btc goes down below 9K, actually, it's a good time for altcoin to going up unless they losing their power to go up. maybe there will be any down time for altcoin too in this situations but I hope if bitcoin down, the altcoin start to increase and then bitcoin will come back to the highest price. every possibility can be happening in the crypto and it is better to stay calm if there are a down time for every coins and don't panic when you see this.

[investeerder]

If BTC goes below 9K many coins will go down big time!
Be careful!

I am not sure about this because I think if btc goes down below 9K, actually, it's a good time for altcoin to going up unless they losing their power to go up. maybe there will be any down time for altcoin too in this situations but I hope if bitcoin down, the altcoin start to increase and then bitcoin will come back to the highest price. every possibility can be happening in the crypto and it is better to stay calm if there are a down time for every coins and don't panic when you see this.

There's no going up happen when bitcoins fall since looks like the price of each alts are attached with bitcoins since if you look at it even if there btc exchange value will increase still their usd value will drop. But let's not look for it as bad stance since eventhough there's a fall there will be surely a good pump coming so let's watch closely for the comeback thrend with the bitcoins and the market.

[iutaguqi]

This week's market is a little bit bad, but I don't think people have no confidence in encryption. FUD has been corrected in the previous period of the market. We need to be just a little patient, and bitcoin will be back soon.

[ozgun_a]

If BTC goes below 9K many coins will go down big time!
Be careful!

Here is my take on current Bitcoin USD price action. What you say is always possible and that's why it is important to have stop-loss if you are trading. It is also important to know when to go fiat and to go crypto back again if you are HODLer.


https://www.tradingview.com/chart/BTCUSD/F8jiGNjC-BTCUSD-Long-Opportunity/

[Ostonian]

Indeed, but this is not the first time. Prices jump in the acceptable range. So far there is no reason for panic. Remain more patient.

[bungutko]

If BTC goes below 9K many coins will go down big time!
Be careful!

I am not sure about this because I think if btc goes down below 9K, actually, it's a good time for altcoin to going up unless they losing their power to go up. maybe there will be any down time for altcoin too in this situations but I hope if bitcoin down, the altcoin start to increase and then bitcoin will come back to the highest price. every possibility can be happening in the crypto and it is better to stay calm if there are a down time for every coins and don't panic when you see this.

There's no going up happen when bitcoins fall since looks like the price of each alts are attached with bitcoins since if you look at it even if there btc exchange value will increase still their usd value will drop. But let's not look for it as bad stance since eventhough there's a fall there will be surely a good pump coming so let's watch closely for the comeback thrend with the bitcoins and the market.

Yes, market seems to be on a slight fall but it is just a normal thing in the crypto world where there is a bear market and then followed by the bullish market. In my observation, bitcoin is the baseline in gauging the status of the market when it is on the up trend, altcoins will follow it's trend going up also.
Bitcoin investors should hold their coins currently as we wait for the market recovery after the adjustment period which is actually happening now.

[steveabrahams]

If BTC goes below 9K many coins will go down big time!
Be careful!

Oh thanks captain obvious haha. In my opinion it's just a normal correction because the price of bitcoin increased since 2 weeks ago and it's stable right now after the correction in the last 2 days. I think it will go up again later, maybe in the next 1-2 weeks or next month.

[anwar98]

it's common in the Bitcoin world, but once the bitcoin is stable again altcoin will definitely go back up too to a high price.

I think this is wrong, because they are different and have different jobs, as the brother of the frowsiter says. I often see when bitcoin down even altcoin rises in price and when altcoin rises bitcoin lowers the price. I often see things like that. So both have nothing to do.

[Huawei8877]

Now the market has become stronger with the growth of the main coins, and the formation of a bull trend begins, which will continue until the end of summer

[tambakikan]

I think what happens in the market today is not too worrying because the price situation has not been stable accompanied by many who sell. my advice for now if you are holding bitcoin or altcoin that you have to hold and hold.

[jaicos88]

I think bitcoin prices go up and down nicely, so other altcoins also follow bitcoin prices, so we're in a very easy trade we make a profit by seeing the prices go up and down well

[maichimoto]

If BTC goes below 9K many coins will go down big time!
Be careful!

it would be nice to hear why you think so. Also it went below $9k quite many times already in 2018 and it still recovered back. It's just the matter of time when the price will be nearing previous ATH from december.

[naldal kaka25]

Yes, the two day market looks bad, probably because people have recently been concerned about SEC's view of encryption, and let us wait, and it will soon be over.

[meanwords]

If BTC goes below 9K many coins will go down big time!
Be careful!

That's just one of the possibilities that will took place in the market. It's plausible to happen but there are many factors that are affecting it. I'm not a market analysis myself but I have a decent experience in cryptocurrency. News and medias can be one of the biggest factor that affect the market. Newbies tend to listen to other's opinion whether it be positive or negative which could slightly effect the price. But it's always the giant investors who effects the price greatly because they have the capital to move the price up and down. If the price really did go down, it's a good time to reinvest again and wait for the price to go up.