What will be the next movement in the market

[BigBos]

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.

so far, I see that the price increases and decreases that occur only in the range of $ 9100 to $ 9400. now there has just been an increase and decrease like that. yesterday the price of bitcoin reached the price of $ 9400 but returned to the current price. however, at the moment we cannot make further predictions.

[bitgoldpanther1978]

So far, none of us knows what will happen in the price of Bitcoin in the market, due to it's volatility.
Mostly could say according to their own opinion and analysis regarding about the price of Bitcoin in the market.
So, all we can do for now is just wait and see what could be the next move of the whale investors.

[Alohadanc3]

I don't think that corona or pandemic situation. At the first when the corona situation started to come we see some fall in the market. But that was not long. After that we saw a steady growth in the market. Btc is kinds of stable in the 9k zone. Little bit dips and ups came from btc. For the stability of btc we Sam a high growth from many alts. Normally small and mid cap coins grown really hard. And defi based project gave 2-3x also. And the alt season is still growing. So market is fine in my opinion.

[bearexin]

At first, maybe that is how we see the flow of the price of the market due to panic and their need for money. However, we can see that even after facing this pandemic, we have seen the improvement of the price of every crypto in the market. I don't think that it will decrease more since its way is going up.

Due to the situation of lockdown everywhere, people have time to study about the blockchain technology and the crypto assets. Staying at home and being idle is making people look into various new opportunities such as crypto market. Moreover, the market has already seen the fall now’s the time for rise and not even a pandemic’s going to stop it (might slow down a little).

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?

No sort of such thing has been observed until now. I agree to the fact that the economy is pretty bashed at the moment and people will turn to sell their cryptos, but we should also acknowledge the fact that most of the people invest in crypto currencies with the spare money they have and moreover no one’s going to sell their assets at loss. Everyone is waiting for the market to pick up.

[AbNewton]

You're half right about it. Yes, people desperate enough because of corona virus will sell their crypto bag. The same could be said for any investor looking for a good time to invest in as they see the profit for a cheap price of good crypto. Eventually, I think the market will balance out.

[fullhdpixel]

at this time in my opinion the crypto market is better than the stock market and others, who continue to strive to emerge from the pandemic that has plagued almost the entire world to be the right solution from the enactment of government regulations to stay at home.

The stock market took quite a hit due to the pandemic and the reason behind this is that almost all the companies had to completely shut down the work due to lockdown situation and still had to give the minimal pay to its workers. This incurred loses to the companies, banks and other businesses driving the stock prices low. But in case of cryptos, the price of the coin does not really depend on the profits or losses of a company, it depends on all of its investors across the globe. Therefore, the market continues to thrive.

Market's movement will be affected by the situation of the world.

Completely opposite of what you are saying has happened. The crypto market remains strong and unharmed even during the ongoing pandemic and continues to thrive even in this economic crisis. Many assets such as gold, stocks etc were affected but crypto market on the other hand continues to keep a firm hold. It seems like just as Venezuela, other countries are also finding refuge in the crypto world during economic crisis which is arising due to the ongoing pandemic.

[safem]

Of course the current corona pandemic has in one way or the other affected the crypto operation globally because some conferences which were supposed to be held in favour of crypto market have been postponed till further notice.A lot of people with fear that crypto may collapse soon have started withdrawing their funds and by so doing having a negative effect generally on the market. However, there is still hope that situation of things will soon get back to normal for  crypto and the market level will rise positively.We just have to keep our focus firm and remain persistent with crypto investment because the market will experience a boom very soon.

[pixie85]

Of course the current corona pandemic has in one way or the other affected the crypto operation globally because some conferences which were supposed to be held in favour of crypto market have been postponed till further notice.A lot of people with fear that crypto may collapse soon have started withdrawing their funds and by so doing having a negative effect generally on the market. However, there is still hope that situation of things will soon get back to normal for  crypto and the market level will rise positively.We just have to keep our focus firm and remain persistent with crypto investment because the market will experience a boom very soon.

It already is positive as most alts follow Bitcoin on its way up.

We had some positive news for Bitcoin in the last 2 weeks and everyone is bullish for ETH so the rise in value can be easily explained.

Regarding the boom, I don't see it this way. The market cycles are becoming longer and the most probable year for a new market bubble is probably going to be 2022. We are already in a bull market but the cycle is going to take between 1 and 2 years.