Market still stagnant!

[Ararbermas]

All investors nowadays are still waiting for the market recovery  and since the BER months started. which is still hoping to become profitable again , but unfortunately the market is so stagnant and didn't shows a sign for a progress until now which is unlike before  year 2017 , during ber moths market growth rate gradually increasing.

*What your new predictions guys on this circumstances?
*Are you still assuming as well the market will bullish before year end?

Edit :  'cause in my opinion probably it will stay stagant until this year end base of this results nowadays  . Correct me please.  

[1714240174]

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[1714240174]

1714240174

[peter0425]

All investors nowadays are still waiting for the market recovery  and since the BER months started. which is still hoping to become profitable again , but unfortunately the market is so stagnant and didn't shows a sign for a progress until now which is unlike before  year 2017 , during ber moths market growth rate gradually increasing.

Different times, eventhough we have success last year when we enter the "Ber" months, this year, its very different. And we have a lot of positive news, however, investors are very reluctant or shall we say getting smarter.

*What your new predictions guys on this circumstances?
*Are you still assuming as well the market will bullish before year end?

Edit :  'cause in my opinion probably it will stay stagant until this year end base of this results nowadays  . Correct me please.  

I also have the same feeling that we won't even get to 5 digits at the end of the year. probably around the $8k-$9K mark will be good. So its better not to put too much expectations so that we all won't be disappointed at the end of the year.

[davis196]

All investors nowadays are still waiting for the market recovery  and since the BER months started. which is still hoping to become profitable again , but unfortunately the market is so stagnant and didn't shows a sign for a progress until now which is unlike before  year 2017 , during ber moths market growth rate gradually increasing.

*What your new predictions guys on this circumstances?
*Are you still assuming as well the market will bullish before year end?

Edit :  'cause in my opinion probably it will stay stagant until this year end base of this results nowadays  . Correct me please. 

If the market is "stagnant",we all have to just shut up and keep gaining more bitcoins for the future.
If the bitcoin price decreases,we should buy even more btc.
Whining about the bearish market and asking everyday "When the price will start to increase?" just won't work.

[Herbert2020]

All investors nowadays are still waiting for the market recovery  and since the BER months started.

NONE of the "investors" are waiting for anything in short term. "Investors" are investing for long term and being at the bottom and stable like this is like a dream for them while it is a nightmare for "day traders" which is what you are talking about.

as for "day traders" not "all" of them are waiting for the recovery. some are waiting, some are accumulating and some are currently in altcoin market pumping small altcoins to make 100% to 200% profit every couple of days.

[Ewinsane]

All investors nowadays are still waiting for the market recovery  and since the BER months started. which is still hoping to become profitable again , but unfortunately the market is so stagnant and didn't shows a sign for a progress until now which is unlike before  year 2017 , during ber moths market growth rate gradually increasing.

*What your new predictions guys on this circumstances?
*Are you still assuming as well the market will bullish before year end?

All of this drop is about the global market crash. Look at the stock market right now for USA, it has lost over a trillion dollars in value in just a single day of trading. The tension in middle east and in Korea regions have triggered uncertainty among investors that negative wave also impacted into crypto space too.

Now, when everything going that low you can not expect people to keep their portfolio intact in bitcoin, specially people in USA right now cashing out to either cover the costs of the losses they had to endure or they are buying back at lower prices. These are all connected to each other and I do not believe we will see another crash like this for a long time. This was the end all be all drop that could ever happen and from here on we have a green future.

[YuginKadoya]

My thought with this bearish market is still the same, We can still see a stagnant atmosphere in the market of bitcoin a motionless stay at the end of this year, I say that the price is still pretty good and you can surely still earn a bit but not that much anymore, Let's be patient and wait for another bull run may occur in the future and let us just enjoy the bearish market and increasing your stock bitcoin for now.

[Kemarit]

My thought with this bearish market is still the same, We can still see a stagnant atmosphere in the market of bitcoin a motionless stay at the end of this year, I say that the price is still pretty good and you can surely still earn a bit but not that much anymore, Let's be patient and wait for another bull run may occur in the future and let us just enjoy the bearish market and increasing your stock bitcoin for now.

We're still very far from getting out of this bearish sentiments. We continue to repeat the pattern all over again and again. Trading sideways->then after a couple of days/week we will see $300-$500 pump then dump and back to square one, rinse and repeat. So I'm not seeing any changes on this trend and it will continue until we have some positive news that will trigger a good break out run. So yes, patience is the key and take this opportunity to accumulate more bitcoins in you wallet, and stop complaining. (for newbies)

[iTradeBit]

Somewhen the market will recover. I think the next  2 years.

[BrewMaster]

My thought with this bearish market is still the same, We can still see a stagnant atmosphere in the market of bitcoin a motionless stay at the end of this year, I say that the price is still pretty good and you can surely still earn a bit but not that much anymore, Let's be patient and wait for another bull run may occur in the future and let us just enjoy the bearish market and increasing your stock bitcoin for now.

We're still very far from getting out of this bearish sentiments. We continue to repeat the pattern all over again and again. Trading sideways->then after a couple of days/week we will see $300-$500 pump then dump and back to square one, rinse and repeat. So I'm not seeing any changes on this trend and it will continue until we have some positive news that will trigger a good break out run. So yes, patience is the key and take this opportunity to accumulate more bitcoins in you wallet, and stop complaining. (for newbies)

trading sideways is also ending though. last time we had a major rise and fall seems to be a long time ago! now we are left with more stability and the rise and falls are much smaller now.
i think the "sentiment" is more of a confused and stay away sentiment with most people giving up on bitcoin which has historically been a good sign of reversal.

[bintangkejoraku]

do you say the market is still stagnant? sounds better than the current condition.
yesterday the price of bitcoin dropped very far, bitcoin lost $ 300 in an instant.

[piebeyb]

I am not asking you to believe in my predictions and analysis, but if indeed the price of bitcoin rises at the end of the year it will hurt when entering at the beginning of next year, so I hope that it remains at the price we all know still remains in the $ 6000 price area

[pixie85]

do you say the market is still stagnant? sounds better than the current condition.
yesterday the price of bitcoin dropped very far, bitcoin lost $ 300 in an instant.

300 in a price of 6600 is less than 5%. Is that the volatility you were waiting for? Last week we had 3 big trades where the price moved by 3% and people didn't get scared and didn't talk about it. People complained that the market is boring. Why are you so excited by a 5% move? This isn't much bigger and did not break any important lows.

[STT]

Its reacted to support and the market is walking like its on stilts at the moment, flat level and slowly sideways as OP says.     Really we'd rather see the market on a pogo stick bouncing upwards not this simple line across the graph.
I think its clearly got to return to a more active state to judge properly, 6500 is the target upside and the recent low remains as longer term support.    I wouldnt call it stagnant exactly but apparently there is no great struggle at this price in either direction, the break down we saw was the end of a triangle with two trends opposing.    



6500 is the 8 day average, 50 day roughly and a previous ceiling so yep thats the place to beat or jump across to really draw much of a bullish conclusion.   otherwise its wait and see

[Slow death]

*What your new predictions guys on this circumstances?

we have 2 options:

1 -) if by some miracle the SEC approves the ETF (I do not believe the SEC will approve), but if the SEC approves the ETF then we will see the price rise to $ 9000 and stay between $ 8000 to $ 9000 until the end of the year.

2 -) if the SEC not approve the ETF, then the price will fall even more than the current price.

*Are you still assuming as well the market will bullish before year end?

even if I do not believe that we end the year with a high price, still this is just my opinion, anything can happen

Edit :  'cause in my opinion probably it will stay stagant until this year end base of this results nowadays  . Correct me please.  

As you said, this is your opinion and everything can happen.

[dothebeats]

I'd rather choose a stagnant market over an unstable and unpredictable one, clinging towards losing value rather than appreciating. We're far from a bullish trend if that's what everyone's wanting to have, and the market conditions are too bleak to support such movements, causing some crashes after a few climbs. This may not be the year for climbs and such, given that there isn't enough players and not enough money invested for bitcoin.

[timerland]

All investors nowadays are still waiting for the market recovery  and since the BER months started. which is still hoping to become profitable again , but unfortunately the market is so stagnant and didn't shows a sign for a progress until now which is unlike before  year 2017 , during ber moths market growth rate gradually increasing.

*What your new predictions guys on this circumstances?
*Are you still assuming as well the market will bullish before year end?

Edit :  'cause in my opinion probably it will stay stagant until this year end base of this results nowadays  . Correct me please.  

Markets are still consolidating at the moment.

I doubt that a bull market will emerge by the end of the year at this stage because there are simply no signs of a trend reversal, and the last bear market did take around one and a half years before it actually bottomed.

2017 is something special because it was the biggest bull market we've seen in BTC, and there was a lot of FOMO which accounted for the growth. That simply can't be compared to this year where a huge correction started the year and the sentiment continues to be bearish.

Expect the market to be stagnant for at least a few more months, potentially with dips along the way until we test the $6k support or find a new bottom. But bull market right now seems extremely unlikely.

[batang_bitcoin]

*What your new predictions guys on this circumstances?

I don't have any predictions anymore but I'm expecting that it will reach $10000 by the end of this year.

*Are you still assuming as well the market will bullish before year end?

Yes.

But that's not going to be the same like year. I doubt that we're going to reach $20000 but as long as we're going to see some indication that the market is recovering well. I wouldn't expect more than $10000 but as long as we get out of $6000 - $7000 line I think that's already a win.

[MrPao]

The bear market is still going on. This is something we don't want to see, but I still haven't given up on the market because there are still many new altcoins that can invest and make money!

[Safah]

All investors nowadays are still waiting for the market recovery  and since the BER months started. which is still hoping to become profitable again , but unfortunately the market is so stagnant and didn't shows a sign for a progress until now which is unlike before  year 2017 , during ber moths market growth rate gradually increasing.

*What your new predictions guys on this circumstances?
*Are you still assuming as well the market will bullish before year end?

Edit :  'cause in my opinion probably it will stay stagant until this year end base of this results nowadays  . Correct me please.  

just hope that the market will be bullish at the end of the year even though unlike last year and anything can happen just hoping to be fine.

[Rembedful]

All investors nowadays are still waiting for the market recovery  and since the BER months started. which is still hoping to become profitable again , but unfortunately the market is so stagnant and didn't shows a sign for a progress until now which is unlike before  year 2017 , during ber moths market growth rate gradually increasing.

*What your new predictions guys on this circumstances?
*Are you still assuming as well the market will bullish before year end?

Edit :  'cause in my opinion probably it will stay stagant until this year end base of this results nowadays  . Correct me please.  

The trouble with stagnant market is that people start to look other places, thankfully the stock market around the world seems bad right now lead by the american stock market going crazy low recently. However dollar has gained value which means the drop in crypto recently was actually expected considering dollar gaining value but we can't expect dollar to keep increasing in value because of the inflation.

Since we are in a stagnant market that doesn't do anything exciting unfortunately people have been looking other places because bitcoin and crypto has not been making us any profits recently which is what we were hoping it would eventually but it has been 10 months of pure losses.