Current cryptocurrency market situation

[Ava Duvall]

What is your opinion on the current market situation?  2018 has not been our year. It's been quite rough for cryptocurrency prices, with the most recent slump being from June 10, the market continues to fluctuate and change. But things seem to be looking up and bitcoin has reached its peak this summer, topping $8,000.

https://cointelegraph.com/news/what-is-going-on-with-the-crypto-markets-experts-share-opinions

[1713615248]

1713615248

[funchiestz]

The bad news from the ETF and some expectations swayed the market. However, for the first time in a long time, Bitcoin did not hesitate due to security concerns during the uptrend. When Bitcoin ascended to the present day, a hacking news emerged and everything was reversed. Let's look at the last ETF statement. This ETF is the strongest and the anticipator will price Bitcoin upwards. We can see 10K level again in two week if ETF will affect BTC price. Or we will go down again.

[Cryptocb]

Bitcoin price has been fluctuating for over four months now, which the value has dropped, therefore, the current price situation is encouraged to invest towards the industry, for a better profit in future time.

[Jess_Luis]

Based on the forecasts and characteristics of bitcoin it should go up from here. Reach around 9000$ in the end of this year and grow to 30 000$ by 2020. The situation doesn’t look really well at the moment and I can agree it’s a ‘sad’ summer. But the odds are in our favor

https://longforecast.com/bitcoin-price-predictions-2017-2018-2019-btc-to-usd

[Ava Duvall]

The bad news from the ETF and some expectations swayed the market. However, for the first time in a long time, Bitcoin did not hesitate due to security concerns during the uptrend. When Bitcoin ascended to the present day, a hacking news emerged and everything was reversed. Let's look at the last ETF statement. This ETF is the strongest and the anticipator will price Bitcoin upwards. We can see 10K level again in two week if ETF will affect BTC price. Or we will go down again.

Well ETF would mean people could buy bitcoin without the troubles that come with exchanges, that causes a set of different problems which eventually results in lack of trust from customers.
I read that bitcoin ETF is to reverse the trend of falling prices, even hoping it could power the bitcoin price to beat December's near $20,000 highs.

[Renal]

Bitcoin is experiencing a decline at this time the market is so unstable that the movement of Bitcoin up and down may be due to some issues or news that to this day dropped bitcoin and the price of bitcoin is now at 7k to 8k the highest price will bitcoin return again below 8k? we see within 3 days that will come on the bitcoin market.

[nicster551]

What is your opinion on the current market situation?  2018 has not been our year. It's been quite rough for cryptocurrency prices, with the most recent slump being from June 10, the market continues to fluctuate and change. But things seem to be looking up and bitcoin has reached its peak this summer, topping $8,000.

https://cointelegraph.com/news/what-is-going-on-with-the-crypto-markets-experts-share-opinions

I think cryptocurrency market shall see a wonderful grow this August. As for some professional traders they said that Bitcoin will have a retrace before going to the moon again.

[ggabieclaire]

Think about how many new cryptocurrencies there are on the market. Of course, it‘s obvious that they are unstable and they need time to become comparable with other currencies. Emin Gün Sirer himself mentioned that the cryptocurrencies in their early stages need time to adapt.

[Ava Duvall]

Bitcoin price has been fluctuating for over four months now, which the value has dropped, therefore, the current price situation is encouraged to invest towards the industry, for a better profit in future time.

Since March 2018 it has gone from 6 926 to 9 244 in April and down to 7 487 in May, but most state that it is normal for cryptocurrencies to fluctuate by 70%-80%.

[Lorna111]

Bitcoin is experiencing a decline at this time the market is so unstable that the movement of Bitcoin up and down may be due to some issues or news that to this day dropped bitcoin and the price of bitcoin is now at 7k to 8k the highest price will bitcoin return again below 8k? we see within 3 days that will come on the bitcoin market.

 The ups and down of the price Value of Bitcoin is really unpredictable, Market is Volatile, anything can happen at any given time, there is a lot of issues confronting Bitcoin as of this writing, like the issues on Banned, Scammer, Hacking, and never ending issue on Regulation by government financial institution whom critical to crypto currency digital transaction on the market, and other good or bad news about Bitcoin which market react. But the good news is Bitcoin is stable, with good fundamentals, market structure, among other Bitcoin remain on the Top of the crypto market.

[Jess_Luis]

Bitcoin is experiencing a decline at this time the market is so unstable that the movement of Bitcoin up and down may be due to some issues or news that to this day dropped bitcoin and the price of bitcoin is now at 7k to 8k the highest price will bitcoin return again below 8k? we see within 3 days that will come on the bitcoin market.

Despite the negative price trend most are still extremely optimistic in BTC and overall the cryptocurrency market. There is always a possibility that it will drop if something impacts BTC to that extent, like you mentioned in the next few days will show

[daoquanghuan]

What is your opinion on the current market situation?  2018 has not been our year. It's been quite rough for cryptocurrency prices, with the most recent slump being from June 10, the market continues to fluctuate and change. But things seem to be looking up and bitcoin has reached its peak this summer, topping $8,000.

https://cointelegraph.com/news/what-is-going-on-with-the-crypto-markets-experts-share-opinions

Market prices are constantly falling down as expected by many, some depressed and sell out of the market. However, this is not the action of the majority of participants in the market because the trading volume is very low. While prices have gone down, the news is so good that infrastructure and technology development will certainly lead to market development.

[talkbitcoin]

2018 has been a very good year so far in my opinion!

we have had the very necessary bitcoin correction which corrected the whole market. bitcoin price corrected and it also helped the pumped shitcoins come down to their more realistic values which is still ongoing since they are mostly overpriced right now.
and also we have had the long awaited opportunity to buy cheaper bitcoins.

[ggabieclaire]

2018 has been a very good year so far in my opinion!

we have had the very necessary bitcoin correction which corrected the whole market. bitcoin price corrected and it also helped the pumped shitcoins come down to their more realistic values which is still ongoing since they are mostly overpriced right now.
and also we have had the long awaited opportunity to buy cheaper bitcoins.

I would agree that BTC did have the necessary corrections and that now we can buy them cheaper but the market itself hasn't been that great.

[Ava Duvall]

What is your opinion on the current market situation?  2018 has not been our year. It's been quite rough for cryptocurrency prices, with the most recent slump being from June 10, the market continues to fluctuate and change. But things seem to be looking up and bitcoin has reached its peak this summer, topping $8,000.

https://cointelegraph.com/news/what-is-going-on-with-the-crypto-markets-experts-share-opinions

Market prices are constantly falling down as expected by many, some depressed and sell out of the market. However, this is not the action of the majority of participants in the market because the trading volume is very low. While prices have gone down, the news is so good that infrastructure and technology development will certainly lead to market development.

It's good to see that someone can find good outcomes and have a positive outlook in a bad situation! Technology development is essential and as it will lead to market development, we have to hope the market will also have high points from this point forward.

[alex.niehouse]

2018 has been a very good year so far in my opinion!

we have had the very necessary bitcoin correction which corrected the whole market. bitcoin price corrected and it also helped the pumped shitcoins come down to their more realistic values which is still ongoing since they are mostly overpriced right now.
and also we have had the long awaited opportunity to buy cheaper bitcoins.

I would agree that BTC did have the necessary corrections and that now we can buy them cheaper but the market itself hasn't been that great.

I agree. Bitcoin started this year with more than 17K in January and dropped by more than half in just half a year with no true guarantee that it will get back on track. I'm afraid it might stabilize at 7-8K and stay like it for a long while.

[Baihum]

I think the current market situation is growing better every day, so for you there are still many opportunities to get more profits in the future, because future  in market prices are developing better.

[Red-Apple]

2018 has been a very good year so far in my opinion!

we have had the very necessary bitcoin correction which corrected the whole market. bitcoin price corrected and it also helped the pumped shitcoins come down to their more realistic values which is still ongoing since they are mostly overpriced right now.
and also we have had the long awaited opportunity to buy cheaper bitcoins.

I would agree that BTC did have the necessary corrections and that now we can buy them cheaper but the market itself hasn't been that great.

I agree. Bitcoin started this year with more than 17K in January and dropped by more than half in just half a year with no true guarantee that it will get back on track. I'm afraid it might stabilize at 7-8K and stay like it for a long while.

if you are looking for a "guarantee" for a price rise then you are in the wrong business (investment)! nobody will ever guarantee a profit for any investment, bitcoin included. if there could be a guarantee then price would have risen only once and stopped there.

even if price does become stable in that range it is not a bad thing. in fact it can be an excellent thing because it will build a solid ground floor for the upcoming rise.

[louie69]

I think the current crypto market especially for btc seems to be just fine but people are still waiting for the big pump which really has not happen yet due to some unrelenting issues of btc. I think the altcoins has been undergoing tough ride this time for it has experienced several and long bear markets which I think would last a little bit longer if btc will remain dormant in it's current market value. However, I still believe that crypto market will recover in the coming weeks and bear market will fade away to give way on the coming bull market.

[rezveekhan]

This is not the first time that market falling down. Nobody knows what can happen in crypto world. But I think cryptocurrency market shall see a wonderful grow this August. As for some professional traders they said that Bitcoin will have a retrace before going to the moon again.