Downward Trend

[Kongxx]

Is current crypto downward trend only temporary?

[funchiestz]

Is current crypto downward trend only temporary?

Depends on where you look. If you look at it for two days, it may seem permanent. But when you look at the 3 months, you can easily see the upward trend... It is possibly correction. Price will go up a bit later.

[Kakmakr]

The "upward" trend is constant, if you look at the long-term and if you ignore the short term spikes.    Every year the average price is a bit higher than the year before, so you should never let the short term volatility freak you out. 

The last spike was triggered by renewed interest in Crypto currencies, when Facebook announced that they would launch it's own version of a Crypto currency and people started to buy Crypto currencies again, but that will only last for a short period. <People have short memories and there are loads of distractions and FUD out there.> 

[Nadziratel]

The "upward" trend is constant, if you look at the long-term and if you ignore the short term spikes.    Every year the average price is a bit higher than the year before, so you should never let the short term volatility freak you out. 

The last spike was triggered by renewed interest in Crypto currencies, when Facebook announced that they would launch it's own version of a Crypto currency and people started to buy Crypto currencies again, but that will only last for a short period. <People have short memories and there are loads of distractions and FUD out there.> 

I agree with you. After all my adventures in the Crypto world, today I say that I wish I had kept the BTCs I bought the first day and continued to live my life. I'd have a better life today.

[Eraldo Coil]

No one knows if the downward trend is something temporary or something that is long. Time will tell you if we really are in a red situation. And there are also situations in the graph where it is just fluctuations of the coins so you need to consider that.

[btc78]

Is current crypto downward trend only temporary?

This is just a correction from the previous pump don’t worry we are still in $10,000-11,000 price of bitcoin with this meaning the market is still in bull and nothing to be alarmed unless you have bought in this range also so lol.but just keep the holding mate.we have done the lowest value about $3,000 and we must be happy for this progress

[RawDog]

Is current crypto downward trend only temporary?

Nope.  Permanent.  From here it will always be going down just a little bit. 

This is the start of the NEW crypto winter.  Get your jacket - it's gonna be cold.  Ice cold.

[figmentofmyass]

Is current crypto downward trend only temporary?

probably. all i see are higher highs and higher lows. this could go down near $7500 and still be considered a medium term uptrend. hopefully you can stomach another stab down like that. this kind of volatility is totally normal for bitcoin.

[samcrypto]

Is current crypto downward trend only temporary?

The price is still beating, for me bitcoin will go for head and shoulder until we reach the new peak. We can’t just be contented for a day of bull run and go back for another year of bear market, i’m still hoping for the better price. We still gave 2 quarters and I believe this will work better. Don’t panic if bitcoin dumps, its normal and you can’t change it.

[CryptoReggae]

Is current crypto downward trend only temporary?

Nope.  Permanent.  From here it will always be going down just a little bit. 

This is the start of the NEW crypto winter.  Get your jacket - it's gonna be cold.  Ice cold.

But is yours an affirmation based on logical grounds or is it just a sensation?

[partysaurus]

Is current crypto downward trend only temporary?

seems like it recovered for now and moving up some again, think it will stabilize around 11-12k range before making the next move up or down. but it has to be a correction soon a big one it has gone up alot the last couple of weeks and no real correction, a correction always comes sooner or later.

[lucho1592]

Is current crypto downward trend only temporary?

It is temporary, the price is already more than $11k, I think the price will return to $12-13k

[Ranly123]

Is current crypto downward trend only temporary?

Depends on how you interpret the situation. Dude, can't you see the uptrend is not that consistent and now just a little drop and you show a sign of panic. Just relax and we are still on the rise.

[MadeinCoin]

Is current crypto downward trend only temporary?

I think the fall of bitcoin is just a correction so there's nothing to worry about. It is normal if the price has reached ATH and then will experience a correction. The bitcoin trend is still bullish and I predict it will continue to reach $ 15,000.

[Pursuer]

no the "crypto" downward trend is not temporary, most of the altcoins are going to remain on this downtrend until the reach their graves and disappear from the market. many of others will continued getting dumped for some more time before they reverse and see a pump or two and then drop significantly and die like the rest of them.

the bitcoin on the other hand doesn't have a downtrend anymore. the downtrend stopped about 6 months ago and what you are seeing in the past couple of days is an "upward" movement, don't let the small drop fool you, it was a simple correction.

[YuginKadoya]

In my opinion, this is just a spike of getting a bit hasty moving upward volatility is taken effect there is surely a slight change on pace but if we are in a bull run we will sure stay on that trend, And nothings gonna beat that, This sudden spike are just slight correction.

Temporary it is! Because even the upward trend right now is temporary because if this long term goal is reached and finish, come's bear market again, It will surely switch from trend to trend and you should learn how to catch that.

[dothebeats]

If we're looking at the 6-month trend, we're still on the upsides actually. For the year-trend, we're still on the upsides, even if it goes back down to $8000. We have gained so much in just a span of 2 months that every blow we get up until $7000 would still be showing green on the charts. Also, buy orders seemed to have flocked the markets once more and we are back up to $11500, and we could be seeing more gains in the next coming days should the momentum remain the same.

[jazmuzika217]

Is current crypto downward trend only temporary?

Yes this is temporary or maybe we can say a correction after a huge pump up of Bitcoin and take note market is volatile everything is a temporary we can see a downtrend right now but in just a blink of eyes this can be change. Look at the chart of Bitcoin its say that Bitcoin is in bullish scenario.

[proudhon]

Is current crypto downward trend only temporary?

Absolutely not. After the $20k ATH bitcoin entered a long term and final downtrend (you need to ignore the recent price spike, because it's aberrant and irrational). Bitcoin will trend to sub $1k prices over the next couple of years because it's been proven by science to be a flawed project. A cool experiment, no doubt, but it didn't work. There will never be another ATH for bitcoin.

[cabron]

Is current crypto downward trend only temporary?

Absolutely not. After the $20k ATH bitcoin entered a long term and final downtrend (you need to ignore the recent price spike, because it's aberrant and irrational). Bitcoin will trend to sub $1k prices over the next couple of years because it's been proven by science to be a flawed project. A cool experiment, no doubt, but it didn't work. There will never be another ATH for bitcoin.

Says the user who had been here for too long.

I've read that PDF file related to money making which is about bitcoin. You must have read that too. When the price strikes to moon, his alt account keeps shouting to invest before its too late. But then after he had dumped his coin, he now had to spread fud using his old account for all to sell for which he can buy back.