The decline of cryptocurrency market has stopped?

[Dao Thang]

 Hello Guys.


As you can see, the past week we saw cryptocurrency market decline is very strong, it is almost balanced with this time last year. Whether this is a drop in the end, and then will increase continuously until the end of the year?
Please let me know your thinking about it ....                 

[bigdaddyderp]

I don't think we are done yet.  I think this will be looked back upon as the great purge and the day the institutions came in and took over.  I think they are trying to eliminate the guys who were here from the start. 

[Latarowun]

Hopefully, I also just entered the HitBTC exchange. I see a lot of altcoins experiencing price increases. Hopefully this is a positive trend, and all coin prices will rise soon.

[iamwagner]

No I do not believe so.  Bitcoins Dominance is growing so that means the alts are bleeding badly.  I think the market turns around when the Bitcoin dominance reaches its peak.  This is what I remember happened last time. 

[sanacaks]

I do not think we have done yet. It is so complicated that whenever everybody thinks BTC is going to rise, it starts going down again. All the market in depression mode now. I hope we could have more investors coming in next months. 

[Lighthouze]

I do not think we have done yet. It is so complicated that whenever everybody thinks BTC is going to rise, it starts going down again. All the market in depression mode now. I hope we could have more investors coming in next months. 

My exact same thoughts. The market is still on a decline as BTC dominance is still on the increase with its attendant result in alts bleeding out, some below ICO prices and some almost becoming sawdust. An ETF approval will be the only solution now as fresh investments need to enter the market to gain some stability

[cahkalem]

Hello Guys.


As you can see, the past week we saw cryptocurrency market decline is very strong, it is almost balanced with this time last year. Whether this is a drop in the end, and then will increase continuously until the end of the year?
Please let me know your thinking about it ....                 

nice analysis my friend
i hope you prediction is right,
because my portofolio already decreasing hardly
but,i still believe if this year crypto will grow, but we need to be patient in this red market

[Camster]

I hope you are correct but I have this nagging feeling this is not going to be over until the market cap is bellow 100 billion.  I think they are going to drag us down and really test us.  I also think they want to kill a few of the useless projects off in the meantime. 

[masphie]

no i don't
i mean, this year can't be same with last year .....
you can compare june 2017 and june 2018.

[Javi_Anibarro]

No,it has not stopped yet.
in a month time,we are already losing $100 Billions in our total market cap and right now we are at $209 Billions,which means we are losing it for more than 40% in just a month time.
from that point we can see the fact that many people were moved away from cryptocurreny,so they have no reason to join it back again for now.
the decline will stop if cryptocurrency gets a good news from ETF,with that we can stop the decline and those people who got out from the train will find a new reason why would they join it again.
but for now,it's still far from that.because we already know the fact that ETF won't accept it this year.

[shinchan123]

I don't think so, as time goes by the market cap is decreasing and even the top coins are suffering and decreasing in price. The recent recovery even stopped and declined after a week. So, I think the bear market will last longer. We just need to sit tight and be patient to avoid further losses.

[Ferris419]

Hello Guys.


As you can see, the past week we saw cryptocurrency market decline is very strong, it is almost balanced with this time last year. Whether this is a drop in the end, and then will increase continuously until the end of the year?
Please let me know your thinking about it ....                 

Look at your chart. It will make a lot of people happy if it follows the chart. But the decline will not stop at this time. If you want the market to go up then the Bitcoin will have to go below 5000$. It is difficult to say exactly what the market will be like in the future

[kevingreen]

Hopefully, I also just entered the HitBTC exchange. I see a lot of altcoins experiencing price increases. Hopefully this is a positive trend, and all coin prices will rise soon.

i agree with your view point , because the current bloodbath is very aggressive which signal that a drawback is on way, if that happens that means a massive uptrend is imminent  .

[Mery Gason]

I think that the growth will begin not earlier than before the winter. There will be a growth that will catch up with the capitalization of the entire market, crypto currency up to $ 700-800 billion

[Youngflydude256]

This year cannot be compared with last crypto-wise. This year's timeline have so far defiled alot of things that happen last year. So I won't want to use that to judge this year. No need to be anxious. Whatever the year would turn out to be, we will see.

[Chapics]

the fall of the cryptocurrency market has not stopped. as the market shows, the market continues to fall.

[stealth.money]

In crypto world it usually pump at the end of the year, it's all mind and manipulation games
No worry much, crypto will pump soon.

[DES_MX]

I don't think it is stopped, Maybe the decline of the cryptocurrency will start from 22 August again. A lot of people withdrawing their coins to make hand cash. Though today eth and some others altcoins showing some growth. But, still, It is hard to predict, Let's see what happens.

[FlamingFingers]

This reminds me of charts posted on Telegram paid and free "signals" channels—every time the market dips, they put some lovely lines across a bitcoin chart combined with "BTC will go bullish to $xx,xxx after it breaks $x,xxx." It never comes to fruition. No matter how good you are in Technical Analysis or 'charts reading,' Cryptocurrencies market will surprise you.

[opobo4real]

Am not sure the decline of crypto market has stop
And its not going to stop soon
Because it keeps declining day by day making crypto market unbearable for investors.