Cryptocurrency prices dropped again

[hubballi]

a few days ago we have heard that USDT will be delisted in binance, and after the news spread, soon the BTC price rose quite high,
from that incident I began to believe that maybe this was a bull market sign,
but what happened today is the market is not green, but red.
how do you comment about that?

I think due to the persistent downtrend of the cryptocurrency market,it's very difficult these days to predict the market, however i strongly believe that the last quarter of the year is always a good period for a bull run.

The last quarter of this year is the last hope we have for this year, not only I also hope that bullrun will occur this year, but if we look at the current conditions I am rather pessimistic about whether bullrun will occur.

You cannot go with news as most of the the the market reacts opposite to the news. About bullrun this year it wont happen and next year also till half year their is no hope of market bull run. Still their is lot of correction and accumulation is going on.

[juragankambing]

a few days ago we have heard that USDT will be delisted in binance, and after the news spread, soon the BTC price rose quite high,
from that incident I began to believe that maybe this was a bull market sign,
but what happened today is the market is not green, but red.
how do you comment about that?

I think due to the persistent downtrend of the cryptocurrency market,it's very difficult these days to predict the market, however i strongly believe that the last quarter of the year is always a good period for a bull run.

Hopefully what you believe is true, so that you are not disappointed and still continue to be in a world full of surprises and uncertainties

[juragankambing]

a few days ago we have heard that USDT will be delisted in binance, and after the news spread, soon the BTC price rose quite high,
from that incident I began to believe that maybe this was a bull market sign,
but what happened today is the market is not green, but red.
how do you comment about that?

In reality, the Bitcoin price didn't rise that much, take into account that USDT is not the same as USD. The USDT price fell drastically, that's why the price of bitcoin was much higher compared to USDT but it barely increased slightly in relation to the dollar. As for the bull market, you will still have to wait some time.

until now I am still waiting for the day to arrive, but I am pessimistic if bullrun will arrive in the near future, if we look at current market conditions

[ridho002]

I think that the beginning of the bull market can happen in November. So far, the market is stable at the bottom, but this time it already shows itself to be really stable.

It looks like that the market is ready to starting pump up at any time, like a code for all traders. But it can be seen that there are still many people who do not believe that the pump should be started sooner, so there is no movement until now.

[juragankambing]

a few days ago we have heard that USDT will be delisted in binance, and after the news spread, soon the BTC price rose quite high,
from that incident I began to believe that maybe this was a bull market sign,
but what happened today is the market is not green, but red.
how do you comment about that?

That was no way bull run but a way to secure the peoples money. I mean most of them used to rely over the USDT so that they can prevent their investments from going down. But when the news about the delisting came then it was like panic situation everywhere, leading peoples mindset to all new level where they thought they can now loose their money in the market. So now BTC was thought to be more and more secure place. Once the trading started against the BTC then it pumped naturally and thus caused the price rise.
Now it is good thing because people may not choose USDT due to its insecurities. Either they will keep it in BTC or may put it in ETH and pump it as well. Just like the old days.

so in your opinion this is a natural and frequent thing on cryptocurrency, where the popes take people's money when they are hit by panic when they hear about  delisting USDT

[PM.coins]

I can't say the price of bitcoin is high enough, if it has to be compared to a few days ago. And bitcoin still lasts around $ 6500. Regarding the market situation that is still often red, that's a natural thing. My conclusion for the time being, there are still no signs of a bull run. It takes patience to wait for it to happen again. Be patient with all these situations. My personal conviction to date, the good news that will come will surely come later.

[xDispeLme]

I think that due to the fall of the market and the loss of investors, the market will fall for a long time and, accordingly, the price of coins will also fall

[crimsongoth]

I don't understand frankly the starting of the new thread in this way each time the cryptocurrencies decline as price. It can be on the decline as the tendency of the market is upward.

[drgomez89]

I don't understand frankly the starting of the new thread in this way each time the cryptocurrencies decline as price. It can be on the decline as the tendency of the market is upward.

Lol it just happen to make an excuse to do the signature requested post, because every thread says the same thing its just like a copy paste parade. But we cant do anything about it.. i think being a moderator of this forum has to be a very exhausting and frustrating job because its about doing the same thing again, trying to talk to people who doesn't even care about hurting the forum...

[Krabat]

I think we give too much meaning to the little things. It is important for you to understand one single thing - the market will not long remain in this position. Growth will soon begin, And you need to have time to make purchases up to this point.

[Utyg]

It seems to me that the daily charts do not give any General analysis. We need General statistics of growth up in a few months. You need to be patient and wait

[devinks]

Crypto's price is indeed unstable, so it's not surprising if the price goes up and down every year. this is a common thing in crypto, but nowadays crypto is difficult to experience price increases. maybe crypto will go up soon and hopefully it can happen which makes investors happy.

[ethereumhunter]

a few days ago we have heard that USDT will be delisted in binance, and after the news spread, soon the BTC price rose quite high,
from that incident I began to believe that maybe this was a bull market sign,
but what happened today is the market is not green, but red.
how do you comment about that?

That is bad news for us, and I am sure that many people become panic, and they want to save their bitcoin. It is always like that, and we are going to see this is happening over and over. The market itself will change to the green again although right now, the market is in the red. I suggest you not to become panic for every news you read because there is no guarantee to see the news is true. All we can do is only prepare for the worst thing by making strategy in every situation.

[verguat33]

This is an absolutely normal situation for the cryptocurrency market. Price fluctuate constantly. Therefore, after the decline, we can expect the next rise.

I think the market is the same as it was. There are no changes in the market. The bitcoin price is the same as it was several months ago. Today the price is about $6400. There is no up and down in bitcoin price. It is right that crypto market is overall low and investment capital is also low due to low demand. But there is nothing to worry about it. The price will high again in the future.

[sourish]

This was indeed a great time to study crypto, instead of being swept along at fever pitch. With such volatility, its pointless to constantly question the graphs.

[bummm]

a few days ago we have heard that USDT will be delisted in binance, and after the news spread, soon the BTC price rose quite high,
from that incident I began to believe that maybe this was a bull market sign,
but what happened today is the market is not green, but red.
how do you comment about that?

Don't trust the news completely. Don't you understand that any news can be paid by companies. They said and forgot, and people lose money because of cheating. This is specially done. If you have invested, do not rush to sell.

[ruli stylon]

I can't comment much on this, because previously the thread had been discussed before. I consider the price fluctuations in a cryptocurrency (Bitcoin)to be reasonable, because of the occurrence of buying and selling between buyers and sellers.

[kolonel_x]

really I really hope and wait for the moment where BTC will return to follow the altcoin. but it seems that I don't know when it will happen again,must really wait for that

[Kelvinovie2]

If I must contribute, then I must say that to me the crypto world price has been quite stable so far, Bitcoin has been very stable, but I believe btc will move gradually now if it must. So let's all make good cash now while we still can from crypto.

[Cangkeman Wae]

I think until whenever it is certainly reasonable if prices go up and down, but if you look at the current market conditions that are too many scam projects, it makes the market difficult to recover.