Can the market stand this trial

[Vishnu.Reang]

The market have withstood a lot in the past but what is happening right now is something unexpected,because of this the market crashed by over 50% do you think the market can recover if this scenario worsen and last for several months, what could be the possible solution here in the market.

We already had a sharp drop a few months back. The prices declined by more than 60% (from $10,100 to $4,100) between mid-February and mid-March. But then, the exchange rates recovered to the previous levels thanks to the hype surrounding the block reward halving. If we look at the longer picture, the current prices are much higher when compared to the levels we had for most of 2018 and the first half of 2019.

[Mealea]

Based on the history of bitcoin and the rest, I don't think there is anything new here. The cryptocurrency market have been known for something, volatility. This might continue that way because that is the nature of cryptocurrency. We just need to be wise.

[gaston castano]

whatever happens the market will get better.
because it is natural for the conditions of sale and purchase, or maybe indeed market conditions that do not allow it to rise because of the many selling requests and there is no buying response.
everything has a reason, except for shitcoin which suddenly rises / falls dramatically in one day.

[bobyhodob]

Indeed the crypto market is very difficult for us to predict even things that we never imagined can happen in a while, then if we already understand the crypto market up and down price it is a regular thing but for now the market is good and we have to make good use of it.

current market conditions are falling and will usually recover prices and the effect of halving bitcoin that can make the exchange conditions become crowded again, so at least take advantage of the moment of the collapse of cryptocurrency prices to buy as much as you can.

[suryana]

You have to look at the experience of the previous year where Crypto market prices as it has become a habit, I see every 4 years the market price always decreases dramatically, but then increases dramatically after that. That is a natural thing in the Crypto world. Now we see, that the market is still standing and I'm sure it will survive.

[Yamifoud]

Should we feel hopeless because of the pandemic and can't able to see the bullish again?
Well, it gives me no stress thinking of Bullrun to show up again. Besides, we are experiencing multiple dumps and trials before, in fact, it was worse that today. But look at, we are still alive and until there is market demand, we still have a chance to see back the horizon again. We don't need to be optimistic and think about another ATH just to prove something but having the market working on, it is good enough to say that we are still worthy of the trust.

[carlisle1]

The market have withstood a lot in the past but what is happening right now is something unexpected,because of this the market crashed by over 50% do you think the market can recover if this scenario worsen and last for several months, what could be the possible solution here in the market.

We did returned from that 50% fall and now taste another 11% drop so i think that we will be in this for couple of times before the max effect of halving becomes dominant.

You have to look at the experience of the previous year where Crypto market prices as it has become a habit,

\we cannot just compared the market today than those in the previous because we are in Halving now and this is too far from the normal years.

I think we can just evaluate what this Pandemic effect and the reaction of the market in the next months.

[doctor877]

Recovery is a certainty as long as this space remains. What we are not sure of is when it will happen. But over the years it always happens only for the patience that can hold for the time duration of the ups and downs.

[TheGreatPython]

Bitcoin has been through going from 20k all time high price to 3k bottom, that is a HUGE drop that no altcoin has recovered from, ethereum was around 1500 dollars and reached to 200 dollars just recently, was even lower, around 100 dollars and last year bottomed at around 80 dollars for a while.

So, as you can see the market has always been something horrible already, I do not think that there are people who would look at the market right now and think that this is much worse compared to those times. This is even better because all other markets will be hurt whereas bitcoin will be on the same playing field whereas that one was just crypto and everything else was doing fine. Hence I think if we came over that time and peaked over 10k again and even reached to 14k once, I think we can recover from this as well, we even probably already did as well.