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Author Topic: Will 2020 be bearish as well?  (Read 3816 times)
KTChampions
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April 19, 2020, 08:23:21 PM
 #341

I never wanted this covid-19 to appear during this time but we don't have many options because now the situation is very unpredictable and may get worse if it continues. The crypto market this year will tend to fall more and this is also a very good opportunity for people to consider investing if possible. Of course the risk will be higher than normal because you do not know when the market will return to the uptrend.

I would say not when, but if and when.
It is obvious that globally the economy will recover and sooner or later beat its past peaks. But some industries may disappear or change beyond recognition. How will the crisis affect the transition from fossil fuel vehicles to electric cars? It can be slow, or it can completely kill technologies that are considered obsolete.
This also applies to cryptocurrencies. Perhaps regulators will increase their pressure and try to crush this market (or replace real cryptocurrencies with state ones) - no one knows. Therefore, I agree with you - the risks in investing have grown/will grow very seriously.

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April 19, 2020, 11:10:01 PM
 #342

The year 2020 is unlikely to be bearish, most likely the market will just stand still, I think that gradually the market will recover and slowly grow up, but this is my personal opinion.
I also like to believe that it's not gonna be bearish, but compared to last year's economy, we have a bad economy this year, so I think Halving alone can't change the reality that people now are struggling financially and that they will invest because of the brought by halving.

Though the year is too early, but I would not close any possibility that the market will struggle throughout the year as we know the vaccine is still not out and these will fear people to go back on their productive life.

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April 20, 2020, 02:36:44 AM
 #343

The year 2020 is unlikely to be bearish, most likely the market will just stand still, I think that gradually the market will recover and slowly grow up, but this is my personal opinion.
The start of this year is really good, market is in green status and most coins are increasing. Its like we are few steps away to bull run but unfortunately everything changed after the virus started to spread worldwide. It affects the decision of many to hold because they have this fear the market might crash. Its hard to predict what could be the next movement of the prices, we are still in second quarter so lets look forward for the event that will happen this year like the btc halving who knows it might affect crypto positively.

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April 20, 2020, 04:25:58 AM
 #344

We all are aware of bitcoin halving and most of the users are discussing about a possible bitcoin pump post halving which might or not not give pump to the value of altcoins. So do you think halving will provide openings for altcoins with a pump or altcoins will continue to be bearish in 2020?
If the corona pandemic does not end soon, the possibility of bearish will continue this year, but it is also possible if the bull run could occur before or after halving day bitcoin later in May 2020, so, we cannot predict with certainty what will happen in 2020 this, but certainly we must be prepared to face all the possibilities that exist by continuing to monitor and analyze the price of bitcoin and alt coin movements in the market, so that if bearish occurs at least we can minimize the losses that exist and vice versa if the bull run occurs we are ready and can benefit from the investment assets that we have.

This is what everyone expects because I don't want this epidemic to last any longer and has affected the work of millions. Indeed, anyone is in financial difficulties and if there is no vaccine, this number will increase even more. This is the first time I have encountered this disease and hope that in the future there will be no next disease because it will only make things worse.
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April 20, 2020, 07:16:40 PM
 #345

There are no bears on the market now, but also there are no bulls on the market now, I think that this year nothing interesting will happen on the market, just the market will grow a little bit or fall a little.
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April 21, 2020, 01:34:38 PM
 #346

There are no bears on the market now, but also there are no bulls on the market now, I think that this year nothing interesting will happen on the market, just the market will grow a little bit or fall a little.
If bitcoin will rise to $8K or fall to $6K, then maybe we can say nothing happen as $1k decrease/increase which is like over 10% is not considered increase or decrease for bitcoin, thing is, we got use to over 100% movement.

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April 21, 2020, 05:30:47 PM
 #347

This thread was created before the end of the 2019 and we are now in 2020 of april and after 4 months ago there is good improvement because price is more good compared to the last few months but it's started dumped last fews ago but now they have a little bit increasing and I hope we can see again the bull run not a bearish market.
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April 21, 2020, 06:52:32 PM
 #348

There are no bears on the market now, but also there are no bulls on the market now, I think that this year nothing interesting will happen on the market, just the market will grow a little bit or fall a little.
If bitcoin will rise to $8K or fall to $6K, then maybe we can say nothing happen as $1k decrease/increase which is like over 10% is not considered increase or decrease for bitcoin, thing is, we got use to over 100% movement.
I think that this year Bitcoin will go up and down in the range of $60000-$8000, so I can't say that this year too will be bearish, most likely this year will be lullaby.
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April 21, 2020, 06:52:56 PM
 #349

This thread was created before the end of the 2019 and we are now in 2020 of april and after 4 months ago there is good improvement because price is more good compared to the last few months but it's started dumped last fews ago but now they have a little bit increasing and I hope we can see again the bull run not a bearish market.
No one expected the corona virus in 2019, even until Feb 2020 so this is totally unexpected so crypto market also get caught.

But crypto market recovery rate is huge compared to others so we can't say this is really bad for cryptos, it might becomes a good year for more adoptions to happen.









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April 22, 2020, 11:06:43 AM
 #350

This thread was created before the end of the 2019 and we are now in 2020 of april and after 4 months ago there is good improvement because price is more good compared to the last few months but it's started dumped last fews ago but now they have a little bit increasing and I hope we can see again the bull run not a bearish market.
No one expected the corona virus in 2019, even until Feb 2020 so this is totally unexpected so crypto market also get caught.

But crypto market recovery rate is huge compared to others so we can't say this is really bad for cryptos, it might becomes a good year for more adoptions to happen.
The growth of the crypto market often depends on the psychology of investors and if not sustained, the market has collapsed long ago. Last month the value of Bitcoin once dropped to $3800 and it was the worst price that the crypto market faced. I think things are not certain right now and you need to consider carefully before deciding to invest.

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April 22, 2020, 01:40:06 PM
 #351

As of now we are in the bearish market and Im still wsiting for the bull market to start and halving is near and it's high possibility the price of the crypto coins experienced rising. Im hoping that what is happened in the 2017 will be happen again this year 2020 many people excited to see that.

Bearish market is good also because we have time to prepare to get a more coin who is very low and once it's ready we can sell our coins for the big profit...
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April 22, 2020, 02:26:53 PM
 #352

This thread was created before the end of the 2019 and we are now in 2020 of april and after 4 months ago there is good improvement because price is more good compared to the last few months but it's started dumped last fews ago but now they have a little bit increasing and I hope we can see again the bull run not a bearish market.
No one expected the corona virus in 2019, even until Feb 2020 so this is totally unexpected so crypto market also get caught.

But crypto market recovery rate is huge compared to others so we can't say this is really bad for cryptos, it might becomes a good year for more adoptions to happen.
The growth of the crypto market often depends on the psychology of investors and if not sustained, the market has collapsed long ago. Last month the value of Bitcoin once dropped to $3800 and it was the worst price that the crypto market faced. I think things are not certain right now and you need to consider carefully before deciding to invest.
Every investment depends on the psychology of investors because it is driven by emotions of random people, certainly unstable market condition but the price of bitcoin recovered upto $7200 in very quick time which is a sign that we have to invest on bitcoin and altcoins before the halving boost the prices further more.









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April 22, 2020, 07:43:59 PM
 #353

Personally this year I believe in growth, although it won't be the strongest, but I'm sure that Bitcoin's halving should give the market a boost to start growing.
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April 23, 2020, 10:18:08 AM
 #354

The year started bearish but it will end bullish imho.
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April 23, 2020, 02:40:07 PM
 #355

This thread was created before the end of the 2019 and we are now in 2020 of april and after 4 months ago there is good improvement because price is more good compared to the last few months but it's started dumped last fews ago but now they have a little bit increasing and I hope we can see again the bull run not a bearish market.
I'm not very positive on the outcome of the market this year because of the pandemic, I was expecting at least $15 k after the halving but unless this pandemic is over I don't see it happening, no vaccines are going to come out within five months because it will take months of testing so overall 2020 will be an extension of 2019 unless we have a vaccine ready.
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April 23, 2020, 06:44:53 PM
 #356

without this pandemic for sure the market will increasing because of the bitcoin halving. Too bad that this covid-19 is trying to pull down the market.

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April 23, 2020, 08:28:22 PM
 #357

Bearish markets are definitely a chance for those of us who think long term and couldn't afford to get in at FOMO. Which is why I've really appreciated the past 2/3 years. I mean, everyone's hoping for price to go up but I'm happy to wait another couple of years when the economy picks up, crypto will explode.

Even if we can assume that you are right and at the end of the crisis the cost of cryptocurrencies will increase sharply there is one problem: during the crisis it is very difficult to find money for investments and in order to wait. Therefore, if someone profits from this, it will be whales. I think this is bad for decentralization and contrary to the ideology of cryptocurrencies.

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bkbirge
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April 24, 2020, 03:51:47 AM
 #358

Bearish markets are definitely a chance for those of us who think long term and couldn't afford to get in at FOMO. Which is why I've really appreciated the past 2/3 years. I mean, everyone's hoping for price to go up but I'm happy to wait another couple of years when the economy picks up, crypto will explode.

Even if we can assume that you are right and at the end of the crisis the cost of cryptocurrencies will increase sharply there is one problem: during the crisis it is very difficult to find money for investments and in order to wait. Therefore, if someone profits from this, it will be whales. I think this is bad for decentralization and contrary to the ideology of cryptocurrencies.

This guy has a few counter arguments to your hypothesis...
https://www.marketwatch.com/story/why-its-not-so-crazy-that-stocks-are-rising-even-though-26-million-people-are-out-of-work-2020-04-23
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People who generally invest in the stock market still have their jobs. They are still contributing to their 401(k)s, which is creating buying.
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April 24, 2020, 04:13:06 AM
 #359

As of now we are in the bearish market and Im still wsiting for the bull market to start and halving is near and it's high possibility the price of the crypto coins experienced rising. Im hoping that what is happened in the 2017 will be happen again this year 2020 many people excited to see that.

Bearish market is good also because we have time to prepare to get a more coin who is very low and once it's ready we can sell our coins for the big profit...

Bearish markets are definitely a chance for those of us who think long term and couldn't afford to get in at FOMO. Which is why I've really appreciated the past 2/3 years. I mean, everyone's hoping for price to go up but I'm happy to wait another couple of years when the economy picks up, crypto will explode.
To those who are willing to  continue chasing low price of crypto this past years are good for long term holders, the last time high is still far from what's the current value and with this ongoing pandemic virus berish season still continue to dominates.
It takes longer timeframe  for the market to bounce and bring those glory days holders still have good chance to store more coins.
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April 24, 2020, 05:32:42 AM
 #360

without this pandemic for sure the market will increasing because of the bitcoin halving. Too bad that this covid-19 is trying to pull down the market.
even with the pandemic, the price of bitcoin is still recovering quite well despite so many industries that have fallen. Well, we can't confirm that this time it will become a market bear, but it looks like the price of bitcoin will still go up because it is supported by several factors.

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