Will Crypto recover from the most recent crypto dip?

[OGEOS]

Last Monday the crypto market experienced a dip when its value fell by more than $26 Billion. This massive dip in the crypto market was due largely to a plummet in oil prices but was also affected by a drop in the stock markets.

Here is why the crypto market will recover: https://www.cryptopolitan.com/explaining-the-recent-crypto-dip-will-it-recover/

Do you agree with the article?

[mahilchii]

Definitely, the market will recover at anytime. Also BTC will reach new highs  in the upcoming bullrun and Halving is a big hope for many investors across the globe, not only the oil and stock market prices has affected the market especially corona virus too is a major reason for this dip, crypto will soon recover and the prices will go up for sure have some patience time will change.

[sodiik]

After a massive decline, there are many people who have lost money. Price reductions were also triggered by the spread of the Covid-19 virus. In China, many investors attract Bitcoin to real currency. It is done to buy a number of basic necessities for survival.

However, after a massive decline, the price of Bitcoin is slowly growing. So you don't have to panic because crypto market conditions can come back quickly.

[posi]

I don't agree with the article because the writer was just cooking up a story that does not correlate to the reason behind the dump in the price of bitcoin and another crypto market and i believe the OP ought to know what causes the current trend in the market because it a general situation and it affected all business setting globally.

[Bezobraznike]

   Article is good in general, but there's nothing special about it. Connection between S. Arabia actions with oil price, Japan stock-markets and
crypto-market without any proofs is just a theory. The same is with his explanation about why will we see recovery are in general too, except
hope I didn't see any arguments and facts.
   I like articles where everything is well argumented and explained. This article is positive, but without any facts sadly, but I like it anyway
because I am positive about crypto-market recovery too.

[hirngespenst]

If you research this month from the day one to now, you will see Bitcoin and the crypto market already started recovering otherwise we would n't see Bitcoin at this position! Because the dip was 3800$! Personally, I think A good future is ahead, if the corona outbreak gets ended within the next month then we can expect a huge boost in Bitcoin price in May because of the Bitcoin halving!

[Denreal]

Last Monday the crypto market experienced a dip when its value fell by more than $26 Billion. This massive dip in the crypto market was due largely to a plummet in oil prices but was also affected by a drop in the stock markets.

Here is why the crypto market will recover: https://www.cryptopolitan.com/explaining-the-recent-crypto-dip-will-it-recover/

Do you agree with the article?

By my understanding and drawing evidence from the present state of the market, it is clear that the market is already recovering. Even if it corrects, it still signs of recovery and what we will continue to see, is more pump.
Some of the investors that sold all that they had and left are now coming back and we will still see more of them come.
I also believe that new investors are coming in because this seems to be one of the feasible options at this time.

[rajsimran]

Of course why not. Crypto will recover sooner or later. If you see the past DIP there you will see that after the DIP crypto came back with more strong support. It will take few months to recover the past DIP. even BTC rises more than 1700$ from the last DIP. If bitcoin recover other coin will recover slowly. And yes I am agree with that article.

[okala]

Last Monday the crypto market experienced a dip when its value fell by more than $26 Billion. This massive dip in the crypto market was due largely to a plummet in oil prices but was also affected by a drop in the stock markets.

Here is why the crypto market will recover: https://www.cryptopolitan.com/explaining-the-recent-crypto-dip-will-it-recover/

Do you agree with the article?

The reason why bitcoin get dumped along other assets on 13-3-2020 was largely due to comments by Trump that the world may go into recession because of covid19 and bitcoin first experience recession has to fall along gold, stocks, commodities and forex. It has happen before and bitcoin at $6700 is still very reasonable. It will recover very soon when covid19 effects has reduced.

[styca]

This massive dip in the crypto market was due largely to a plummet in oil prices but was also affected by a drop in the stock markets.

No, I'm sure it was due to the spread of coronavirus and measures to control it, and anticipations of the economic fallout. That's why everything fell, normal stocks as well as crypto.

[Viscore]

The market is in good standing now, it's been stable now and I am expecting a rise soon.
If the market is destine to fall, then it should not recover but it's been recovering and there's a major recovery that happened although we didn't break the highest price this year, but I am optimistic, soon bitcoin will start to be bullish again and altcoins would follow.

Crypto market is a good investment now that the economy are down, smart investors should be seeing that.

[Natalim]

Crypto will eventually recover, we are no commodities and the crypto market is not correlated with stocks.
As the global economy is getting worse now, I think it's time for crypto market to step up again, though this is a tough time for everyone, but crypto might become a progressive market this year,  it's hard to tell whether it will recover or not but I would stick with my belief that crypto is more valuable when there is an economic collapse.

[leea-1334]

Yes and no,,, I do agree that some of the reasons there will eventually help crypto recover but I still believe in fundamentals and halving.

Also,,, the article says that crypto market experienced losses BECAUSE of oil prices and stock market crash. But this does not explain why it did not follow oil or stocks previously, right?

[ned.ryerson]

Opinions about what will happen to the cryptocurrency market are very different. my opinion is that now is a great time for those people who have free money. those people whose money was in cryptocurrency or stocks and their income was only from these sources are now in a bad situation and when everything is stabilizing, nobody knows

[Sanitough]

Opinions about what will happen to the cryptocurrency market are very different. my opinion is that now is a great time for those people who have free money.

Same here, I see this situation more on giving us an opportunity to accumulate cheap and let us re invest again at the right time.
At this time where most are in panic, we can't prevent them from selling at a very low price, so we are getting a good value here as eventually this struggle will be over soon and the whole world will recover.

those people whose money was in cryptocurrency or stocks and their income was only from these sources are now in a bad situation and when everything is stabilizing, nobody knows

I am actually not affected with this because I made sure allocations for investing and for daily living expenses have separate allocations.
When investing, we have to consider all the possibilities including the kind of situation we are in now so we can make the right action when time comes.

[davidroux]

Opinions about what will happen to the cryptocurrency market are very different. my opinion is that now is a great time for those people who have free money. those people whose money was in cryptocurrency or stocks and their income was only from these sources are now in a bad situation and when everything is stabilizing, nobody knows

I will continue to sit still and wait because the current situation is really unpredictable and our investment is now very risky so investors will face many problems. Actually, I have lost more than half of my assets in this market and the bear market is making me feel more depressed so now there is nothing better than waiting. In addition, covid-19 is spreading to many countries and does not know when it will end.

[Fundamentals Of]

I cannot tell whether it is the oil or the stock market falling down that also caused crypto to follow suit. What I can tell for sure is that this must be due to what is currently happening in the world. I mean, the virus and its grave effect to the economy. People simply need the money to stock on goods while the situation calls for them to isolate themselves from the rest of the society.

And similar to the previous countless dips of crypto in the past years, perhaps even worse than this one, it will always recover. This is all about the normal movement of something which is basically dependent on the condition of the market.

[meldrio1]

I don't think the crypto market will recover because day by day the rates of getting infected and death are rising so it is difficult to tell if we can see the market recover unless the corona virus is no more in this world.

[carter34]

if the corona outbreak gets ended within the next month then we can expect a huge boost in Bitcoin price in May because of the Bitcoin halving!

I sure know that at the end of this covid-19 challenge, we are going to see massive growth in bitcoin price because people are going to start investing again. I believe that in two months time, this covid-19 could become a thing of the past and halving will have major impact.

[thisnewcoin]

This is not a new dip that we are seeing for the first time, right? Dip and bull both are well-known terms in the crypto market. We are seeing the dip market, so, the bull market is waiting to come! After every dip, up is confirmed, it takes time, that's it! So, the crypto market will recover, I can ensure you! The March month was full of volatility, we know the reason, the whole world is suffering for the same reason! So, wait for the coronavirus ends, I am praying to have a medicine that will cure people of this killing disease, and after that everything will be alright!