Market stability is not ascertain.We might fall again

[kensaii]

Although the situation looks grim, the end of the world is a bit exaggerated. Actually right now there are countries start to open up business as usual and slowly lift off the lockdown. They did that cause those countries were able to prevent COVID with minimal effect on their economy and population. This recovery from those countries shows some light at the end of the tunnel.

[Onika84]

crypto and this pandemic will teach us something valuable. As we know, for almost 3 years the crypto market is very volatile, and a pandemic situation that we never imagined could worsen the market situation. Stay healthy, and be optimistic!

[doctor877]

It has happened and we have to adapt and sit right with it. It will take more time to overcome this pandemic season because we didn't prepare for it but anyone who can be patient enough will recover any loss with profit.

[shoreno]

and who said we never fall again ? though if no crisis the stability is more longer but thesedays the value is highly unpredictable than before and the value likely going down  more often . no one wanted this to happen but i dont know maybe china wants this to happen .

still even china also suffered and infact they have lots of fatality compare to most parts of the country  .  lets just hope for the better and all can recover not just cryptos

[Denreal]

crypto and this pandemic will teach us something valuable. As we know, for almost 3 years the crypto market is very volatile, and a pandemic situation that we never imagined could worsen the market situation. Stay healthy, and be optimistic!

Yes, it could worsen it, but it has not got worsened ever since it started. That was actually the expectation of many, but I still feel the situation will be different. Although, there has not been much significant growth, do you know that this form of market is the best for traders and some investors, most especially short term investors, who know when to buy and when to sell? Only holders and those who do not have faith in this market will see ut as been the worse and that maybe the worse will come.

[TastyChillySauce00]

As a result of the current world crisis regarding the pandemic virus spread that have ravaged the world and still not stopping. this has affected global markets including stocks, fortunes, commodities, oil prices. everything is crashing. a lot of accounts has been liquidated on trading platform. within two weeks. billions has dissappeared due to current virus crisis.

As long as this persist, we are not sure how long the market will survive. there is little hope. everyone needs to be careful. when to move funds. Most countries are already in deflection. the situation is making matters worst. it looks like the end of the world.
Honestly, 2020 was not what we all expected. 

Whether there is crisis or not, one of the characteristics of crypto market is instability.  Though the crisis may have little influence but this has been the nature of the crypto market.  This was even proven with the rising  in the price of bitcoin and major altcoins even in the midst of this pandemic.  So market forces determine to the large extent what happened to the crypto market rather than the crisis.
[/quote
It's not just that the market is unstable though it's just really abstract in my opinion just like how stock market works. although there's time when positive news could somehow give some light and make the market bullish for majority of the time it's pretty abstract.

[TheUltraElite]

crypto and this pandemic will teach us something valuable. As we know, for almost 3 years the crypto market is very volatile, and a pandemic situation that we never imagined could worsen the market situation. Stay healthy, and be optimistic!

This morning market for bitcoin actually became more interesting with the price rising more than 13% and thus we might be seeing a nice rise on altcoins too if you are holding that. But what caused this spike is not known but can be presumed to be whales pumping some money into bitcoin and sort of testing the waters during this uncertain periods.

Of course stability is not something that goes with the market. Maybe 2-3%/day change is comparable to stable but then again we rarely see stock markets performers move that little, even though crypto has been like that for sometime.

[miklesm]

Cryptocurrency market cannot be stable, it has a small capitalization if to compare with traditional markets. As of the current growth, I am quite optimistic about it, this might be a start of the new uptrend.

[cahbagus555]

Cryptocurrency market cannot be stable, it has a small capitalization if to compare with traditional markets. As of the current growth, I am quite optimistic about it, this might be a start of the new uptrend.

Agree, compared to other financial markets, the cryptocurrency market still has a very small marketcap value because it is still under $ 300 billion. I am optimistic that the cryptocurrency market market can penetrate trillions of dollars because there are many new investors

[Greatchu]

It's now a different story since few countries are now a step ahead of Cov-19 and Bitcoin halving is few days away, Bitcoin have every right to be bullish at this time, I think 2020 crypto market will be different after all

[sangjoewara]

Cryptocurrency market cannot be stable, it has a small capitalization if to compare with traditional markets. As of the current growth, I am quite optimistic about it, this might be a start of the new uptrend.

Yes, and the instability of the cryptocurrency market is very reasonable and profitable for traders who are already very professional, because if the crypto market is stable, it will be difficult for traders to get a lot of profit when trading.

[hung58bitcoin]

I do not think the COVID-19 epidemic affects BTC. Currently, the disease has not been repelled. And scientists have yet to make a vaccine to prevent this new strain of Corona virus. Countries around the world are seriously affected economically by restricting trade with each other. But today's BTC price has risen to $ 9400. I think the main reason is that the upcoming halving day of BTC means that the difficulty of BTC mining doubled, leading to the scarcity of BTC in the future.

[TastyChillySauce00]

I do not think the COVID-19 epidemic affects BTC. Currently, the disease has not been repelled. And scientists have yet to make a vaccine to prevent this new strain of Corona virus. Countries around the world are seriously affected economically by restricting trade with each other. But today's BTC price has risen to $ 9400. I think the main reason is that the upcoming halving day of BTC means that the difficulty of BTC mining doubled, leading to the scarcity of BTC in the future.

it did affect bitcoin, as from coingecko report if I'm not mistaken it help the market reduces quite fair amount of market capitalization though now it already stabilizes. I really hope vaccine or cure for this pandemic to be found very soon so that the halving will not go unnoticed at this time around.

[WalkerIVIV]

It's now a different story since few countries are now a step ahead of Cov-19 and Bitcoin halving is few days away, Bitcoin have every right to be bullish at this time, I think 2020 crypto market will be different after all

How can you sure about that when there was no a strong indication if this will be a long term bullish event? I have learned a lot from the past halving event of bitcoin and the bullish can come as soon as possible but it can also disappear in a short time too.
I just hope this will not happen but we can't deny that if this is how speculation market working today.

[Furryball]

Anything can still happen, Cov-19 is not over yet but I'm glad some countries are recovering, this means HOPE, the present uptrend is happening because of the FOMO surrounding the upcoming bitcoin halving, dumps will still happen after the halving, better take profits while you can

[bearexin]

As a result of the current world crisis regarding the pandemic virus spread that have ravaged the world and still not stopping. this has affected global markets including stocks, fortunes, commodities, oil prices. everything is crashing. a lot of accounts has been liquidated on trading platform. within two weeks. billions has dissappeared due to current virus crisis.

As long as this persist, we are not sure how long the market will survive. there is little hope. everyone needs to be careful. when to move funds. Most countries are already in deflection. the situation is making matters worst. it looks like the end of the world.
Honestly, 2020 was not what we all expected. 

Yes that’s right, we are not certain about the price, it can drop at anytime or it will keep going up. But, one thing I do know right now is that even if the price should fall back from it’s current $8,700 price, it’s not going to fall as low as it did at first.

Halving will be around two weeks from now, and we are not even sure where the price will be heading to after the halving. A lot of people who have been predicting bull run since 2018 after the last bull, and now they have tagged it to the Halving and saying that the bull run will come with the Halving, but nobody is sure about it. I do know that they are judging based off of what happened before.

[doctor877]

It's a very big ordeal to get things back on track so soon in a right condition. It won't be easy but it will be achievable. The world will learn a new thing from this. For now the coming halving will help cryptocurency to gain uptrend momentum which it will now fight for a balance after it.

[Kvalentine]

It's a very big ordeal to get things back on track so soon in a right condition. It won't be easy but it will be achievable. The world will learn a new thing from this. For now the coming halving will help cryptocurency to gain uptrend momentum which it will now fight for a balance after it.

But that's not the case mate, yesterday Bitcoin hit 9400$ and I'm few hours it dumped back to 8700$, I don't know what to call this, correction? Or we have more weak hands dumping probably because they buy at 3600$? I pretty positive that there will be more dump after halving is over

[Ziskinberg]

It's a very big ordeal to get things back on track so soon in a right condition. It won't be easy but it will be achievable. The world will learn a new thing from this. For now the coming halving will help cryptocurency to gain uptrend momentum which it will now fight for a balance after it.

But that's not the case mate, yesterday Bitcoin hit 9400$ and I'm few hours it dumped back to 8700$, I don't know what to call this, correction? Or we have more weak hands dumping probably because they buy at 3600$? I pretty positive that there will be more dump after halving is over

You'll never know what it is, that is why we are predicting because bitcoin is really unpredictable, some say bitcoin will start to break resistance again and it will pump to $10,000, but we never know as it could possibly dump again going to $7000 or even lower.

[Wildwest]

For now in the cryptocurrency world there has been no negative impact due to the current situation that is concerned with Corona virus, although nowadays many countries already have an impact in the economic system that is getting worse, but the price of crypto is in fact an improvement so that we are increasingly passionate in doing activities in this forum, hopefully its price will continue to increase.