Are we about to see another dive in crypto prices?

[timX5]

Trading volumes are at all times low plus stablecoin showing some concerns..  If BTC breaks through $6K mark, we might be in a free fall for some time again. Any thoughts?

[batang_bitcoin]

Again, no one really knows.

But how can you say that trading volumes now are low? it isn't low if it will become low then the market would react and goes lower than where we are right now. I guess you have tired waiting for the promised bull by many good predictors and even your own expectation's saying.

[timX5]

I am still very much long the market, but by looking at the top 10 coins it seems like we are at the lowest trading volumes for the past year at least (on average).  This might actually signal the end of the bear market, where sellers exhaust their run, but bulls are still too cautious to jump in as the bottom might not be there yet.

[DaMut]

Who said that we are at all times low ? currently we are sitting at $209 Billions while a few months ago we were sitting at $180 Billions.
another thing is will Bitcoin break $6k mark ? it will if something bad or fud happen, but currently i do not hear any bad news from Medias. The only thing that i heard is shitty talk about Bitcoin from economist, but they treated it as a joke nothing more than that.
personally speaking, i believe we will get another down but it won't that much only a little retrace from where it started because a lot of people are expecting the market to recover in november or around that.

[starblocks]

Trading volumes are at all times low plus stablecoin showing some concerns..  If BTC breaks through $6K mark, we might be in a free fall for some time again. Any thoughts?

There is more than just one major stable coin available now so there will likely be a bit less of a disaster should one fail to maintain its overall stability and trustworthiness

This doesn't mean that the market won't dip in the event that one does it's just better positioned to absorb any major fluctuations resulting from an event like this

[lobo13hf]

Again, no one really knows.

But how can you say that trading volumes now are low? it isn't low if it will become low then the market would react and goes lower than where we are right now. I guess you have tired waiting for the promised bull by many good predictors and even your own expectation's saying.

It's low on this period. You can't compare the latest volume with last year or even whole period volume chart of crypto. it's not fair dude. Rejection of ETF means bearish, Bad news related to the taxation and regulation also means bearish trend for crypto, even fake news gives bearish trend to the crypto.

[Aragorn_125]

Trading volumes are at all times low plus stablecoin showing some concerns..  If BTC breaks through $6K mark, we might be in a free fall for some time again. Any thoughts?

And after the next intensive recession, people will believe in a complete collapse. It is not known how the market will move on, but now stability is visible, which can serve as a harbinger of another breakthrough, it would be great for everyone if it were up.

[mummybtc]

Trading volumes are at all times low plus stablecoin showing some concerns..  If BTC breaks through $6K mark, we might be in a free fall for some time again. Any thoughts?

I would advice anyone that can't stomach the drop to get out now because the short term state of the market is very dicy, keep fiat for yourself to be able to withstand the storm, I am just long on the market now and I think any rational investors also should be long on the market also instead of piping and looking to see how it is doing

[Cnut237]

Trading volumes are at all times low plus stablecoin showing some concerns..  If BTC breaks through $6K mark, we might be in a free fall for some time again. Any thoughts?

We have had quite a long period of stability now, and we have well established lows. I do expect some movement soon. As you say, if we drop through the support threshold then we are into uncharted waters again and could have a significant drop. However resistance does seem strong below the current price points, so I think bull is more likely than bear in the nearish future.

I'm not sure about stablecoin issues. Trading back to fiat is difficult, and if people are unwilling to trade to a stablecoin, I think that makes it less likely they will sell at all.

[shendy]

Trading volumes are at all times low plus stablecoin showing some concerns..  If BTC breaks through $6K mark, we might be in a free fall for some time again. Any thoughts?

Thinking positively will make you more calm, I see the market looks stable even though the volume is low, and bitcoin will not fall too deep, conditions remain stable. Only patience for stablekoin to keep having value and will also increase later, let's just say this is a temporary game.

[xenomorphe1]

I don't know if there is going to be a dive after this long stable period. But we could also see a little rise of the cryptocurrencies.For me, i think there is more chance to see a little rise than a big drop now.

[batang_bitcoin]

Again, no one really knows.

But how can you say that trading volumes now are low? it isn't low if it will become low then the market would react and goes lower than where we are right now. I guess you have tired waiting for the promised bull by many good predictors and even your own expectation's saying.

It's low on this period. You can't compare the latest volume with last year or even whole period volume chart of crypto. it's not fair dude. Rejection of ETF means bearish, Bad news related to the taxation and regulation also means bearish trend for crypto, even fake news gives bearish trend to the crypto.

What's not fair? this is how volatile works.

We see that the market isn't so good today but we can't predict what will happen next time. Its either it will be better or nothing new or gets worse. Don't rely with those ETF's, the market can stay and depend on its own even without those. Bear market's usually comes after the great pump.

[creeps]

Trading volumes are at all times low plus stablecoin showing some concerns..  If BTC breaks through $6K mark, we might be in a free fall for some time again. Any thoughts?

I understand what you feel right now but this market dumps so many times this year and I think many people are used to it already. Calm down yourself and don't panic, bitcoin is still above $6k level and I think its a great support now since we are about on it for months now. We don't want to see another dip for bitcoin but don't close your door for that just be ready and do the right thing when the price of bitcoin dumps again, you can buy more.

There is no sure profit in any market, try to be a risk taker and don't panic easily. Time will come and we will be on top again, believe on that and wait patiently for that moment.

[Maxxxon7]

I am sure that only one turn of the market will be when no one expects it! you'll see, everything will be so

[sinkfish]

Who said that we are at all times low ? currently we are sitting at $209 Billions while a few months ago we were sitting at $180 Billions.
another thing is will Bitcoin break $6k mark ? it will if something bad or fud happen, but currently i do not hear any bad news from Medias. The only thing that i heard is shitty talk about Bitcoin from economist, but they treated it as a joke nothing more than that.
personally speaking, i believe we will get another down but it won't that much only a little retrace from where it started because a lot of people are expecting the market to recover in november or around that.

dropping less than 6000 dollar means the market cap drop lower than 150billion, which unlikely to happen.

[kolonel_x]

Will this year go to the lowest point again? where will the price of BTC fall free and the price is below 4k according to you? all the coins that I hold the price dropped almost 10 times the purchase price

[MishaSER]

Will this year go to the lowest point again? where will the price of BTC fall free and the price is below 4k according to you? all the coins that I hold the price dropped almost 10 times the purchase price

I understand you very much, my investments also fell only 4 times. We hope that by the end when we see Bitcoin 10 000 $

[XIE-XIE]

A collection of obstacles is a lot of friends there and I think it is difficult for BTC Down to 5k, then I think there will be a high pump next.

[gunbars]

So it's ok I think. Any situation might be good for you. If volumes are low then you can buy more. If volumes are high then you can sell more.

[Cryptomilz]

Trading volumes are at all times low plus stablecoin showing some concerns..  If BTC breaks through $6K mark, we might be in a free fall for some time again. Any thoughts?

This is hardly true plus I think we've gone past the issue with stablecoins. In case you do not know, BTC has been stable around the $6300 region for a while now, chances that it will break the $6k mark are very slim