Bad days for crypto

[yohananaomi]

Bull markets often start by climbing a wall of worry. The bitcoin fear index is at the fear stage, and has touched extreme fear a lot recently. BTC has gone from ~$200 to $20,000 from 2015 to 2017, and that 100x is a lot to digest. I'm confident we will eventually go on a new bull run, the question is when. Many have been worried for a long time, so we may be in the early stages of it now. I'm fully invested now for the long term.

It is natural that many people are worried about the development of bitcoin, but if it is seen from when in 2017 bitcoin soared quite high. but if you look from the previous year that worries should not occur that bitcoin has shown a sharp increase and can be accepted as a coin that affects other altcoins.
I believe the same as you that bitcoin is a long-term investment and it needs continuous analysis, so it can determine when to sell and when to buy, so we can receive profits.

[marcous]

when people talk halving day, many think positively will go up after halving. it could be up to 20000 USD but not for this year. in 2019 we are still experiencing a period where the price of Bitcoin is still below 10k USD even to be stable at 8000 USD is rather difficult I guess. I hope the beginning of the year will be better.

[Kasabus]

when people talk halving day, many think positively will go up after halving. it could be up to 20000 USD but not for this year. in 2019 we are still experiencing a period where the price of Bitcoin is still below 10k USD even to be stable at 8000 USD is rather difficult I guess. I hope the beginning of the year will be better.

That's how we think, we like to compare the upcoming halving to the past events and in the past there is a positive reaction so we are counting on the upcoming halving to finally help the market to recover, with this expectation, it could create some hype but we will never know if that would really happen until the time gets closer and closer.

[Mega_crypto]

when people talk halving day, many think positively will go up after halving. it could be up to 20000 USD but not for this year. in 2019 we are still experiencing a period where the price of Bitcoin is still below 10k USD even to be stable at 8000 USD is rather difficult I guess. I hope the beginning of the year will be better.

I don’t know why we should wait for halving for a confident sale at high prices, as if this is the only important event for the bitcoin community. For miners, of course, this means changes in the cryptocurrency mining business, but miners cannot determine the price in the bitcoin market against the balance of supply and demand.

[pantek talacuik]

at the end of the year now even for the price of crypto has not experienced a significant increase. so maybe we will never know when crypto has increased significantly, so I think now at the end of 2019 it will be very difficult for crypto to increase. the potential will remain but in 2020

Only a small expectation will emerge next year because the end of the year is just counting the next few days. So if there isn't a big change this year, it won't change the situation.

[TheAndy500]

at the end of the year now even for the price of crypto has not experienced a significant increase. so maybe we will never know when crypto has increased significantly, so I think now at the end of 2019 it will be very difficult for crypto to increase. the potential will remain but in 2020

Only a small expectation will emerge next year because the end of the year is just counting the next few days. So if there isn't a big change this year, it won't change the situation.

The situation will not change until the end of January. Now everyone is spending money on Christmas gifts and do not invest in cryptocurrencies. In January people will figure out how much they spent in December and they won't invest in cryptocurrencies either. For the first increases we will have to wait until February.

[mamesso]

Only a small expectation will emerge next year because the end of the year is just counting the next few days. So if there isn't a big change this year, it won't change the situation.

During 2019 there were no major changes experienced by cryptocurrency, even towards the end of the year the price of bitcoin and altcoin declined.  Conditions like these are very worrying, moreover the selling value in the market is increasing because almost some people sell their crypto assets to welcome Christmas and the new year.
 2020 will open a new page, hopes to change things are still wide open, if the market is able to make a new breakthrough, it is likely that bad days experienced by cryptocurrency will end soon.

[Clement Kaliyar]

During 2019 there were no major changes experienced by cryptocurrency, even towards the end of the year the price of bitcoin and altcoin declined.  Conditions like these are very worrying, moreover the selling value in the market is increasing because almost some people sell their crypto assets to welcome Christmas and the new year.
 2020 will open a new page, hopes to change things are still wide open, if the market is able to make a new breakthrough, it is likely that bad days experienced by cryptocurrency will end soon.

I doubt whether you were following the market, the price of bitcoin was well below $4k and the price has risen this year and went over $13k and you think that is not a big movement after the bearish trend, i am not following the alt coins market and hence i am not able to tell anything much about it but i am sure the top coins moved along side bitcoin, i am not expecting any huge changes in the next few months either and we might see a huge rally by 2021 but not before that.

[mamesso]

I doubt whether you were following the market, the price of bitcoin was well below $4k and the price has risen this year and went over $13k and you think that is not a big movement after the bearish trend, i am not following the alt coins market and hence i am not able to tell anything much about it but i am sure the top coins moved along side bitcoin, i am not expecting any huge changes in the next few months either and we might see a huge rally by 2021 but not before that.

Yes, correct as you say.  Bitcoin has experienced a slight increase in prices, but until the end of 2019 bitcoin hasn't been able to bounce back after the bearish events that occurred throughout 2018, everyone expects BTC to recover and stabilize in 2019, and be able to repeat achievements  like in 2017.
 Hopefully in 2020 institutional investors will soon enlarge the market again, and make big changes in the market, so that BTC will get its legitimacy back.

[Lecam]

Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

Yes that 20,000$ price are achievable but we don't know when since bitcoin are popular now there a lot of positive ways to achieve that price again. The price now are low and i think bitcoin will recover the price soon investors are waiting for the price of bitcoin goes up until he achieve again the 20,000$ per bitcoin.

[cassavachips]

It seems very impossible because the end of the year will end in the next few days and bitcoin is still undergoing recurring circulation at a price of $6500 - $7500

[sniveling]

It seems very impossible because the end of the year will end in the next few days and bitcoin is still undergoing recurring circulation at a price of $6500 - $7500

Personally, I think that crypto is in a bad state after the popularity of 2017 and still cannot recover from the crisis.

[pantek talacuik]

at the end of the year now even for the price of crypto has not experienced a significant increase. so maybe we will never know when crypto has increased significantly, so I think now at the end of 2019 it will be very difficult for crypto to increase. the potential will remain but in 2020

Only a small expectation will emerge next year because the end of the year is just counting the next few days. So if there isn't a big change this year, it won't change the situation.

The situation will not change until the end of January. Now everyone is spending money on Christmas gifts and do not invest in cryptocurrencies. In January people will figure out how much they spent in December and they won't invest in cryptocurrencies either. For the first increases we will have to wait until February.

I suspect the same thing that beginning in 2020 there were no changes that were so good later. Many things must be done at Christmas with no small cost. Everyone will celebrate the big day which is carried out everywhere.

[Latines]

I don’t understand how you connected Christmas and cryptocurrency. Of course, I am also sure that 20 thousand dollars, the price is affordable, but not in 2020. But the fact that you are discussing here that the price does not rise due to the new year is strange)

[Clement Kaliyar]

~snip
Yes, correct as you say.  Bitcoin has experienced a slight increase in prices, but until the end of 2019 bitcoin hasn't been able to bounce back after the bearish events that occurred throughout 2018, everyone expects BTC to recover and stabilize in 2019, and be able to repeat achievements  like in 2017.
 Hopefully in 2020 institutional investors will soon enlarge the market again, and make big changes in the market, so that BTC will get its legitimacy back.

It is hard to expect the market to touch the all time high valuation every couple of years, everyone is expecting a rally after the halving is because the market used to soar after the halving and that is a four years cycle and we saw that kind of cycle in the past and that is what is expected this time too, it was not a bad market this year and the legitimacy of bitcoin does not depend upon the price but the security and the scaling solutions gives bitcoin the legitimacy, you might have a different opinion but that is what i think and hence i am a bitcoiner.

[deathcode]

I suspect the same thing that beginning in 2020 there were no changes that were so good later. Many things must be done at Christmas with no small cost. Everyone will celebrate the big day which is carried out everywhere.

I think after the update, the new market will experience growth. it could happen but it might not. although some altcoin updates that have happened for some time have not worked. I think if there is a bitcoin in the focus the market will experience movement. we will see how the market will move or not after the update from bitcoin in the next year.

[bitkanu]

I don’t understand how you connected Christmas and cryptocurrency. Of course, I am also sure that 20 thousand dollars, the price is affordable, but not in 2020. But the fact that you are discussing here that the price does not rise due to the new year is strange)

Some people are thiking if a lot of people will dump their coin caused by they will need money for the christmas but people are taking this trend very wrong and it's too far from the reality. that looks the same as when people are taking chinese year as the trend to sell crypto but the fact if that never happens.

[Mega_crypto]

I would not say that now the bad days are for crypto, well, in fact, this year Bitcoin took revenge for 2018, if you managed to sell bitcoins in the summer, then you are already in a big plus.

[d3nz]

I would not say that now the bad days are for crypto, well, in fact, this year Bitcoin took revenge for 2018, if you managed to sell bitcoins in the summer, then you are already in a big plus.

There could be a big difference by next year and we might see a large gap of price increase before or after the halving and it could really change everything again and ATH could be the next target value. Let's just hope it happens but right now we can only just dk is to accumulate more while its still in a stabilize value or we could say still in cheap.

And we need to always trade safe and always position a stop-loss in case it plummet really hard.

[pantek talacuik]

I suspect the same thing that beginning in 2020 there were no changes that were so good later. Many things must be done at Christmas with no small cost. Everyone will celebrate the big day which is carried out everywhere.

I think after the update, the new market will experience growth. it could happen but it might not. although some altcoin updates that have happened for some time have not worked. I think if there is a bitcoin in the focus the market will experience movement. we will see how the market will move or not after the update from bitcoin in the next year.

Not so promising in my opinion right now and you can see for yourself things that are not much different will happen later. The end of the year will pass and no changes have been seen until now. The sun is delayed to rise