Will 2020 be bearish as well?

[chip1994]

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?

reduce or increase that will depend on the economy in the future. At the moment, the disease has not cooled down and infections in Europe have risen sharply. Unemployment has yet to decline in the US and 20 million people are waiting for government support. This is really terrible and I think it will greatly affect the economy in the coming months. Therefore, the crypto market will also be strongly affected and I do not think that the strong pump in 2020 will take place.

[bearexin]

It looks like it is not bearish at all,  it looks like we are doing as well as it gets and I wouldn't hope to do any better than this in a situation like this. Think about it, the whole world is staying at home, the companies are bankrupting, people are getting fired, there are so many unpaid leaves, there are so many places that are closed, there is absolutely nothing going on in the world that could be considered economically good aside from maybe the toilet paper companies right now And even with all of that right now bitcoin is doing awesome, and moved beyond the expectations once again.

This is why I think bitcoin is doing pretty well, bearish is a long thought in our brains and we are focusing on how to make the most out of every single increase.

[Natalim]

I do agree, the price of Bitcoin is increasing, but we are getting close to halving and what are the chances for the Bitcoin whether price of Bitcoin will increase during at the time of halving.

Bitcoin will increase if there is a hype, but it seems it's not happening yet, bitcoin has a good increase today but we are still at over $7k, still we haven't break the highest this year.

16 days left - https://www.buybitcoinworldwide.com/bitcoin-clock/..... .

Bitcoin is still not bullish, so I don't expect a significant rise.

Compared with previous halving the price of Bitcoin decreases and now with the effect of Covid-19 there is a chance to decrease its price.

I think the previous halving, bitcoin has rise.

https://hackernoon.com/will-bitcoin-skyrocket-after-the-2020-halving-like-in-2016-b61c6568debb

[DonFacundo]

Before this pandemic, I am very positive in the halving event that the market will pump but now I'm not sure if the market can climb up, hopefully bitcoin reach $10,000 price in the halving.

[jarhed]

Before this pandemic, I am very positive in the halving event that the market will pump but now I'm not sure if the market can climb up, hopefully bitcoin reach $10,000 price in the halving.

I also thought that this year would be very profitable, but all the plans collapsed coronavirus, but I do not think that now the market is bad, the market sometimes growing and not falling much.

[KTChampions]

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

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.

I do not see any new arguments.
It is obvious that some people (and companies) during the crisis do not just maintain their positions, but even win. But on average, people's well-being during a crisis decreases. It is a fact. And I speak from the point of view of those people who perfectly understand the prospects of cryptocurrencies, but cannot make an investment in them since, for example, they lost their jobs.

[wxxyrqa]

I do not see any new arguments.
It is obvious that some people (and companies) during the crisis do not just maintain their positions, but even win. But on average, people's well-being during a crisis decreases. It is a fact. And I speak from the point of view of those people who perfectly understand the prospects of cryptocurrencies, but cannot make an investment in them since, for example, they lost their jobs.

in my opinion, a very small percentage of those people who have lost their jobs today were previously interested in the cryptocurrency market and had a desire to invest in the cryptocurrency.  I have always had the impression that the main investors in cryptocurrency are large businessmen or users who are involved in trading valuable assets, including cryptocurrency, and are also related to high technologies.  In addition, it is very dangerous to invest your personal funds in cryptocurrency, especially when you have income from your main job and which is very important for your home budget and limited.

[Botnake]

Before this pandemic, I am very positive in the halving event that the market will pump but now I'm not sure if the market can climb up, hopefully bitcoin reach $10,000 price in the halving.

Most of us are positive of course, the price is good at the start, in fact it was so consistent that's why we are expecting something big since the timing is good, halving is coming so bitcoin will rise, but then this covid-19 ruined that momentum, so price suffer, but the good thing is we recovered slowly.

[atjiat]

I do not see any new arguments.
It is obvious that some people (and companies) during the crisis do not just maintain their positions, but even win. But on average, people's well-being during a crisis decreases. It is a fact. And I speak from the point of view of those people who perfectly understand the prospects of cryptocurrencies, but cannot make an investment in them since, for example, they lost their jobs.

in my opinion, a very small percentage of those people who have lost their jobs today were previously interested in the cryptocurrency market and had a desire to invest in the cryptocurrency.  I have always had the impression that the main investors in cryptocurrency are large businessmen or users who are involved in trading valuable assets, including cryptocurrency, and are also related to high technologies.  In addition, it is very dangerous to invest your personal funds in cryptocurrency, especially when you have income from your main job and which is very important for your home budget and limited.

Cryptocurrency has always had a high degree of risk for any investor, but nevertheless there are good chances to get good profit and therefore people take risks.  In addition, I personally 2 years ago was very far from the area of ​​human activity that you are talking about, but nonetheless, my friends introduced me to cryptocurrency and I already am some kind of investor in good projects.  Of course, today the cryptocurrency market brings me a certain income, but nonetheless, I always allocate a certain amount of cash that I earn from my main job in order to buy ethereum.  .

[Blue_oxen]

Before this pandemic, I am very positive in the halving event that the market will pump but now I'm not sure if the market can climb up, hopefully bitcoin reach $10,000 price in the halving.

Everything has changed very fast since corona appeared and it caused the whole economy to change very quickly. At first I thought 2020 would be the year that made me the most profit, but until now, I have only lost money in this bad time. I don't know when it will be normal, but this year will be a year of economic crisis and possibly worse than 2008.

[KTChampions]

I do not see any new arguments.
It is obvious that some people (and companies) during the crisis do not just maintain their positions, but even win. But on average, people's well-being during a crisis decreases. It is a fact. And I speak from the point of view of those people who perfectly understand the prospects of cryptocurrencies, but cannot make an investment in them since, for example, they lost their jobs.

in my opinion, a very small percentage of those people who have lost their jobs today were previously interested in the cryptocurrency market and had a desire to invest in the cryptocurrency.  I have always had the impression that the main investors in cryptocurrency are large businessmen or users who are involved in trading valuable assets, including cryptocurrency, and are also related to high technologies.  In addition, it is very dangerous to invest your personal funds in cryptocurrency, especially when you have income from your main job and which is very important for your home budget and limited.

I disagree with you. Perhaps these people did not have an interest in cryptocurrencies before, but during the crisis everyone is looking for something new, some options to make money. And then they just learn about cryptocurrencies. And the fact that they do not have money in order to really enter this sphere is very sad.

[pealr12]

Before this pandemic, I am very positive in the halving event that the market will pump but now I'm not sure if the market can climb up, hopefully bitcoin reach $10,000 price in the halving.

I also thought that this year would be very profitable, but all the plans collapsed coronavirus, but I do not think that now the market is bad, the market sometimes growing and not falling much.

just wait for the corona virus to end maybe 3 more months cause im year sure btc will skyrocket and every good altcoins will be profitable . Hopefully after the halving the pandemic will also end.

[Botnake]

Before this pandemic, I am very positive in the halving event that the market will pump but now I'm not sure if the market can climb up, hopefully bitcoin reach $10,000 price in the halving.

Everything has changed very fast since corona appeared and it caused the whole economy to change very quickly. At first I thought 2020 would be the year that made me the most profit, but until now, I have only lost money in this bad time. I don't know when it will be normal, but this year will be a year of economic crisis and possibly worse than 2008.

It's possible but let's hope it will not gonna happen.

The world now are in struggle to face this virus, everyday the number of infected people is increasing and though we don't feel it a lot but those who got infected now really suffers, it's a war that it's not so visible in the eyes of the people, especially those who have less knowledge about covid, but it's effect to the economy is so huge, huge that some countries even resulted to printing a lot of money just to combat this pandemic.

after the crisis, we will all gonna pay for what we get now, government manage the money to provide us, so we will going to pay it back in a form of tax or anything the government will impose in this relation.

[Zemomtum]

The way things si looking now, we might stay all through 2020 in a bearish trend, nevertheless, this is crypto which is characterized by volatility. Most upsurge in price though normally comes post-halving, maybe the same will be repeated this year.

[superving]

Market is becoming healthier as the day passes ,as we are preparing for the next halving btc is slowly gaining and going back to $10k before the halving begins which may lead to bitcoins new all time high which is around 25,00$.

[Vitalicus]

The way things si looking now, we might stay all through 2020 in a bearish trend, nevertheless, this is crypto which is characterized by volatility. Most upsurge in price though normally comes post-halving, maybe the same will be repeated this year.

Cypto market is now very volatile and often follows the price of Bitcoin, so spend some time analyzing this coin. I prefer to invest in altcoins in the top 200 CMC because these are very good coins and among them will be many new projects. Of course, I will still consider carefully and only choose to invest if that coin has many new updates for investors.

[tbterryboy]

We are not bearish at all and we should be right now that is the weird part. Think about it, so many people are at home and they are not making any money, so where does this money comes from? Starting from bitcoin to at the bottom all coins are increasing for the past day for example, where did that money came from?

I do not understand how we are bullish right now but I am quite happy about it, I rather see coins go up than down and that is obvious but I would like to see coins stay strong on horrible periods as well which is the real test. Right now bitcoins year to date is better than any other major market out there, so that means during a pandemic crisis that hurt the world, all markets were doing bad but crypto was doing good, this will get heard eventually and help us in the long run.

[judaspriest]

2020 does seem like confusing to the crypto market, look at the chart early in the year, Bitcoin goes up at $ 10000 and altcoin experiences a high rise, more than 100%, and when Q2 starts to enter, Bitcoin and Altcoin Drop more than 100%, very confusing

[sniveling]

2020 does seem like confusing to the crypto market, look at the chart early in the year, Bitcoin goes up at $ 10000 and altcoin experiences a high rise, more than 100%, and when Q2 starts to enter, Bitcoin and Altcoin Drop more than 100%, very confusing

I think the market would have kept going up as well, it's just that the Coronavirus Pandemic has become a hindrance, I hope it'll be over soon and Bitcoin will start growing again with the whole market.

[ololajulo]

Before this pandemic, I am very positive in the halving event that the market will pump but now I'm not sure if the market can climb up, hopefully bitcoin reach $10,000 price in the halving.

I was even looking toward $15k till after the halving dump. Most predictions are conservative now but we could be more positive when vacinnes is available and effective, better if month of May can take of the recovery. Other competitive assets like stocks, crude oil etc will be indicator of a surge but they may never get back till bitcoin break its ATH