What will be the next movement in the market

[Alohadanc3]

Market is going great at this moment. BTC is kind of stable. Showing small pump or dump. But most of the good alts are giving profit. Some of them are even have 2-3x profit. BTC is facing some resistance in 9k level if it break the resistance then maybe we will see BTC in 10k room. Hope big market value coins show some good move now. Let's hope for the best.

[memed97]

I think nobody could predict exactly of what could be the future market situation. But i think this pandemic was a turning point from low lame market into a rising high percentage market in the next few months. Because some of altcoins and even bitcoin started to increase into a good value now in the market.

Yes, no one can make accurate predictions for the market in the future, except God, but if you say this pandemic is a turning point from a crippled market to a high percentage market increase in the next few months, it appears that you have started to knowingly in make a prediction, because the rise in the price of Bitcoin and some Altcoins is because the demand has started to rise, not because of a virus pandemic problem.

[TheClownSong]

Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?

Aside from the corona pandemic, America is currently experiencing a political crisis and I think this is what made the price of Bitcoin penetrate $ 10k. CoronaVirus might affect the price but the effect for Bitcoin does not seem to be too deep so the price of some altcoin to the dollar still persists even starts to rise after the price of Bitcoin goes up

[lienfaye]

I think nobody could predict exactly of what could be the future market situation. But i think this pandemic was a turning point from low lame market into a rising high percentage market in the next few months. Because some of altcoins and even bitcoin started to increase into a good value now in the market.

The market is really unpredicted. Bitcoin already reach $10k and now return back to over $9k again. We cant certainly predict the next movement of the market because its like a roller coaster ride. So be wise and take advantage whatever the status of the market is, because there's always opportunity to buy or take profit.

[Alohadanc3]

Market looks really good at this moment. Bitcoin is kind of stable in 9-10k range. And every other altcoin shows good growth. Most of them which listed on good exchange gives 50-60% profit. Many of them even 2-3x from its base process. So overall the market at this moment is very profitable. But careful before investment in these coins. Of you don't know when or where to invest it's better to do some research first.

[lillobo]

Bitcoin pricing is influenced by factors such as: the supply of bitcoin and market demand for it, the number of competing cryptocurrencies. Bitcoin is almost three times more expensive but also the most well-known cryptocurrency in the world.

[Metall303]

Bitcoin pricing is influenced by factors such as: the supply of bitcoin and market demand for it, the number of competing cryptocurrencies. Bitcoin is almost three times more expensive but also the most well-known cryptocurrency in the world.

Now the news and the behavior of the global economy are most affected things to BTC. This was and will continue until bitcoin will become regulated and will have a huge capitalization. now you just need to watch the news to understand the direction of price movement

[StephenJH]

Bitcoin pricing is influenced by factors such as: the supply of bitcoin and market demand for it, the number of competing cryptocurrencies. Bitcoin is almost three times more expensive but also the most well-known cryptocurrency in the world.

Now the news and the behavior of the global economy are most affected things to BTC. This was and will continue until bitcoin will become regulated and will have a huge capitalization. now you just need to watch the news to understand the direction of price movement

News is basement of fundamental analysis but I doubt the BTC market traders will care about the fundamental or technical analysis. The sentimental analysis method is currently a widely used method to stop out the big boy's orders, so it is not good idea to rely on both previously mentioned analyses. The order book worth a thousand words and pro trader know how to read the order books and find the liquidity for next big market movement points.

[shinratensei_]

BTC facing resistance at $10k and Whales dumping at this levels, if it breaks and close above 10k we might see it to $11700 within this month. Immediate support at $9500 and 8800.

11k can be achieved in a short time and it doesn't need to wait even longer. I remember so many times when bitcoin already surpassed 10k and it can reach 11k or even 12k.
It looks like bitcoin will stay at this rate for the next months.

[jajorforce]

Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?

Cryptocurrency is unpredictable. After you thought, fall down the price of Bitcoin to only 300 USD from 7.1K USD. For this Coronavirus situation Bitcoin price fell down 2x but instead recovered from it. I haven't seen any long time dump prices in the last two months. Every single coin price was pump average 25% in the last two weeks.

[Zemomtum]

This has proven not to be true as most of the crypto assets class gained extremely during this pandemic. I think this lockdown might not affect digital assets in comparison with the stock market, it is just an opinion though

[bitkanu]

Wrong, bitcoin will surge because they cant trust fiat anymore ,its infected by virus. So people will buy anduse cryptos.

Some countries have already disinfected their fiat money and people can still use it right now. How can you make a conclusion like that when so many people are still using fiat money? They are coming here to make more money from various ways just like trade in the market.
FOMO for bitcoin comes caused by a big news.

[vermigerous]

We wouldn't know, unless several crypto experts says about possible predictions. I think crypto market is stable now and doing good fluctuation, but we never know what would be the next market or its next activity in the long run it might have a bullish market or a lame market.

[Jorge158]

Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?

I had similar thoughts in the beginning but it seems the opposite is being experienced now. People are now entering the market, investing hard, working from home on the internet, utilizing cryptocurrency as a form of payment etc. Could this also mean people are beginning to understand the concept and future of cryptocurrency?

[Mister.Satan]

Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?

Market's movement will be affected by the situation of the world. Yes, this is true for the cryptocurrency market too as right now, the whole cryptocurrency market down similar to the world. Countries mishap in management of the coronavirus will take hit in their economy and like the butterflies effect. Countries that have a strong tie or partnership to them will be affected too.

[Alohadanc3]

I don't think so. I know there was a chance that where this pandemic can cause a bad market condition for crypto currency. But that didn't happen. The market shows some great stability in bitcoin price. And the other alt coins pumped really good. Some of them even pumped 2x-3x even more. Mostly mid caps coins shows best performance. I think for pandemic more and more people discover this market. Maybe.

[B.wealth]

I don't believe covid affect any project or probably stop any project from pumping or dumping, though there are alot of project hiding under covid for their failure. But if will should look at it, alot of project are doing extraordinary well, alot of pumps, so developers should stop lieing and start working on developing their project for a better result.

[lobo13hf]

I don't believe covid affect any project or probably stop any project from pumping or dumping, though there are alot of project hiding under covid for their failure. But if will should look at it, alot of project are doing extraordinary well, alot of pumps, so developers should stop lieing and start working on developing their project for a better result.

If that was really happening before and why there are so many crypto getting pumped right now? I think we should not believe with any rumour that already created by various parties. If that was a good project and it will become an opportunity for investors and they will not leave it.

[jrrsparkles]

Next movement in the prices of cryptocurrencies are always unpredictable so its impossible for anyone to answer. Currently price of most cryptos are stagnant for months already with side swings in the particular sane region so it is the perfect time for day traders to make money but if you are an investor you can buy now and wait for the real bullish trend to arrive.

[havoc928]

Next movement in the prices of cryptocurrencies are always unpredictable so its impossible for anyone to answer. Currently price of most cryptos are stagnant for months already with side swings in the particular sane region so it is the perfect time for day traders to make money but if you are an investor you can buy now and wait for the real bullish trend to arrive.

Agree! It's too hard to say what gonna happens in the market. Based on the market condition like right now, I think the market will grow up slowly before having a bullish season (which I expect to happen after the release of ETH 2.0). As a trader, daily trading is totally suitable for now. It's a good way to earn instant profits. As an investor, I think we now can come back to the market and invest in some coins since the market is starting to recover!