What Is Really Happening To The Market?

[restuibu]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

[1714136093]

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[1714136093]

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[Upgrade00]

will we see bitcoin under $5k again until the end of the year?

I don't think so, I would expect a resistance level around $9000-9500. But as you said, predicting the price movements of cryptocurrencies is very difficult as so many factors influence the price.

Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

The hype would certainly have influenced the crypto market to an extent, but I wouldn't say it was the sole reason for the mini-pump. Bitcoin halving happened some months ago and there has been lots of interest from institutional investors to cause a  bullish sentiment.

[lumeire]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

DeFi hype wasn't the reason for the pump in the prices of cryptocurrencies, and the most probable reason for the dump in prices can be the stock market crashing right now and all of us know that the Cryptocurrency market also mimics the stock market in trends. The fall can be because of a lot of reasons:

1. The GDP of every country is falling which show economy isn't performing well and hence the fall in stock and Cryptocurrency prices.

2. The border wars between India and China and America coming in support of India. In response to which China is selling the bonds and cutting it's reserve of US bonds.

Open to hear other's opinions.

[FaucetKING]

I'm not seeing the last dump as a catastrophe. It's a lesson for all the peoples who just follow the hype blindly. An experienced trader wouldn't be scared at these times and would really be acting normal. We've seen so much hype in the last year and especially this Defi hype is repeating the same events caused by the Erc20 and the ICO's hype. Yall must stop the fomo.

[Becky666]

Possibly we won't see Bitcoin @ $5k sincerely speaking: because of Bitcoin adoption. Remember that, many institutional investors has getten into the field of play and they have started making their ways to invest. What happened in August wasn't an accident because it's a  test towards what's going to happen soon, defi has been tested and trusted the world is ready for defi after this bleeding in the market.

I personally look at this bleeding as an opportunity for me to buy from the dip to hold against the upcoming bullish momentum. There are potential tokens that are dip down which are calling for a buy order, don't neglect this calling.

[Danslip]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

The event of the market is changing so fast and it is really impossible to predict what will happen. As you above mentioned most investors have thought that bull run was coming but it would be different than expected. Everything is possible in this world, however, l don't think that BTC can reach 5k again, in my humble estimation, it will not happen till the end of the year.

[semobo]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

First of all this is not a big surprising thing if you are a long term crypto investor because the prices are always unpredictable.

And the current downtrend is not only in defi,not only in cryptos, it is affected the whole investment platform from big companies like Google and Amazon, so this could be another correction period in the world's economic recovery process.

[ololajulo]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

Exactly my thoughts. The crypto space is getting harder as the day passes. The sudden crash in the market is really what I have not understood. But then, we should expect this kinds of crashes in the crypto.

The bad thing is that the market may not climb that fast the way it dumps. Taking profit for most people in altcoins might probably be to bitcoin and I dont see much of holding of stable coin, which is the big disaster from this dump. The space will be looking for a bottom for most of the top coin and we might have to wait for few more months to climb back to where we are. I expect it but not this fast in a short while. It is also a time to buy from the dip

[Sebas.tian]

It happened the same as always, crypto is impossible to predict, and we have recently become very dependent on the stock market and what Mr. Trump is doing.

Absolutely nothing is new to us, we're not new to this system as red has been part of the system from inception. Whenever it turns red signifies accumulation ahead. Those who don't have the self will to make passive income during this time to acquire coins from this dip will always regret their actions. Its time to buy while waiting for the appropriate time to pickups profits during the bullish period.

[nicecrypto]

Btc is taking the whole market down with it, not very fair for most alts because many did not experience the recent pump in price of btc and some alts and Defi project, now they have to suffer with btc going down the drain, I wish most alts are not pegged to btc maybe this dump won't be.

[mdgabrielzim]

2019-2020 was the worst years for bounty hunters. Of the last 8 campaigns that I participated, only 1 presented any worthwhile results.

[batang_bitcoin]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

We have no idea. We can't see the future but did we also see the possible recovery after this? Everyone is pointing out the dump but doesn't talk about the potential recovery of it.
And if not, you don't look to the peak that it made and that could be the ceiling and we're about to see a bigger correction this time. Needless to say, if you see it dump, act on it, and buy.

[Smitty Werben Man Jensen]

the market is bleeding, this is a good opportunity to buy as many altcoins as possible,
make sure you buy good altcoins and hold on until the end of the year,

[oscarftw]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

The big bleeding happened when covid-19 situation arrived. Later halving effects helped the market to stay stable. Running bleeding is just another correction of Bitcoin. In one month or 1.5 months Bitcoin prices will hit 12k again. As for history, I can't believe this year could be a bullrun year, but highly possible for next year. Bitcoin won't be below 5k USD again anymore.

[coinporch]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

market not always going up my friend, when the up is enough a corrections will coming from a huge profit taking actions
just wait and see what will happend next, maybe it will surprising you

[minatour]

Am confused, same as you are, really don't understand the market aswell, was waiting for more pump from btc and altcoins but was very surprised to see the quick change of the market, hoping for more green sooner.

[harizen]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?

Crypto is unpredictable since the beginning.

In most of the cases, when bitcoin pump, a much continuous price will be followed is on the mindset of the majority. How many times bitcoin act like that? No questions needed honestly.

And exactly 1 month ago, bitcoin price was sitting at around $11,700+ and playing at the bottom within the range of $11,300+ to $11,400. And as of typing this post, bitcoin price was around $10,100+. I don't see how it was considered as "the market is now bleeding". The recent price decrease is nothing when you compare the price starting at the beginning of this year.

[judaspriest]

Am confused, same as you are, really don't understand the market aswell, was waiting for more pump from btc and altcoins but was very surprised to see the quick change of the market, hoping for more green sooner.

calm down, green will be back soon, you can buy altcoins now, because this price is a very cheap price for altcoins,
the market is still bullish for altcoins, dont worry keep holding

[Kang TB]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

nothing happend, its just normal price movement in the market buddy
you don't need to worry, just keep calm and wait, because soon the green colour will be back to the market

[MCobian]

Many factors have contributed to the downturn in today's market, but there's no need to panic. We must think positively,
remain confident that the market will rise soon. I believe by the end of 2020 we can all see cryptocurrency prices return
to an all time high price, therefore we don't panic by selling the cryptocurrency we have today. Right now is the perfect
time to buy Bitcoin and altcoins, because the prices are cheap.

[yurim37]

Chainlink's drop is quite spectacular and honestly i knew there would be a correction from 20$ to 14-15$ but never in hell did I think it would drop again under 10$ in just few days!

[yurim37]

Many factors have contributed to the downturn in today's market, but there's no need to panic. We must think positively,
remain confident that the market will rise soon. I believe by the end of 2020 we can all see cryptocurrency prices return
to an all time high price, therefore we don't panic by selling the cryptocurrency we have today. Right now is the perfect
time to buy Bitcoin and altcoins, because the prices are cheap.

Well, easy to say for you!
I had 700 links , 22000 cardano and 8,5 Eth in futures and guess what, despite having a wallet of 7000$ Thanks to those futures still 2 days ago, all my futures positions were liquidated today because I thought until last moment that link in particular wouldn't drop under 10$ and that it as well as cardano and eth prices would sooner or later increase again.
How wrong I was!

[coin-investor]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

$5 k is out of the question we have seen the resiliency of the market when the pandemic broke out the support now is stronger everybody was caught by surprise there are many speculations I'm glad not one of this is about the bubble bursting, so far the one that stands out is the miners' issue of dumping their big shares, people should expect something like this to happen but we must move forward.

[kkofor]

Many factors have contributed to the downturn in today's market, but there's no need to panic. We must think positively,
remain confident that the market will rise soon. I believe by the end of 2020 we can all see cryptocurrency prices return
to an all time high price, therefore we don't panic by selling the cryptocurrency we have today. Right now is the perfect
time to buy Bitcoin and altcoins, because the prices are cheap.

The value of a lot of big coins is having a big correction over the past few days and if you are holding Fiat or USDT then this is your chance to accumulate more as the current market is still very good. However, before investing, you should have a new strategy to limit your risk because if you are not careful, you will easily fall victim to the next bear market and will make you lose a lot.

[Coin_trader]

Many factors have contributed to the downturn in today's market, but there's no need to panic. We must think positively,
remain confident that the market will rise soon. I believe by the end of 2020 we can all see cryptocurrency prices return
to an all time high price, therefore we don't panic by selling the cryptocurrency we have today. Right now is the perfect
time to buy Bitcoin and altcoins, because the prices are cheap.

The value of a lot of big coins is having a big correction over the past few days and if you are holding Fiat or USDT then this is your chance to accumulate more as the current market is still very good. However, before investing, you should have a new strategy to limit your risk because if you are not careful, you will easily fall victim to the next bear market and will make you lose a lot.

If you view weekly chart of most coin. It is overbought and it will still take some weeks to finally recover again. Bitcoin is rallying price since April and altcoins too so it’s now facing big correction with that same duration to close the gap on Moving average line. This is a healthy correction or else we will suffer same fate last bull run 2017 which results to 2 years of bear trends.

We need a steady and slow pump rather than a massive pump with a short period of time. So I suggest to wait until the market shows some uptrend momentum sign rather than buy now without certainty that the current price is the bottom. It’s better to enter on a sure position atleast you can minimize your risk.

[Twinkledoe]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

$5 k is out of the question we have seen the resiliency of the market when the pandemic broke out the support now is stronger everybody was caught by surprise there are many speculations I'm glad not one of this is about the bubble bursting, so far the one that stands out is the miners' issue of dumping their big shares, people should expect something like this to happen but we must move forward.

I also believe that we will not go back to the $5k range, though we are experiencing decrease in the market but we are still in the $10k price range. Let's wait for few more days and see what happens in the market. It seems that DeFi hype will be ending earlier than what is expected of them.

[grabpopcorn536]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

The current price drop is profit-taking by institutions and individuals who have previously bought bitcoins. I don't expect Bitcoin to fall once again to $ 5k. Historically bitcoin has fallen in price in September but it would drop to 8,000 $ -9500 $ is appropriate because a drop to 5000 $ will break bitcoin's growth trend and will have to wait a long time again so that bitcoin can rise in price again.

[LouVandetta]

When we thought the bullish trend is already happening but the reality hits us hard all the way. It's hard to predict the movements as of now, and under $5k range is unlikely to happen, but who knows, right? I think due to bitcoin's correction or downfall made all the other alts suffering from it as well. Which is why you'll see red marks almost on every major coins. When there's dump, there will be the opposite of it, but no one knows when it will happen exactly. I'm putting on hold my trading now, some even had to cut loss their assets.

[plr]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

I don't see bad news that will trigger a huge drop to $5 k it's unrealistic at this point we should not talk about a huge drop like the dump by the miners as a serious one, this happens from time to time and has happened so many times in the past, people are very quick to create panic it will likely to settle next week.

[sarmrakib]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

Exactly my thoughts. The crypto space is getting harder as the day passes. The sudden crash in the market is really what I have not understood. But then, we should expect this kinds of crashes in the crypto.

I didn't so upset on this downtrend it was expecting me .Its's true that crypto market is always unpredictable but in the recent defi hype makes it few trouble to get the market .At the end market always go through his on way except few news .We need to spend more time to get the market welly.

[erikoy]

I don't see bad news that will trigger a huge drop to $5 k it's unrealistic at this point we should not talk about a huge drop like the dump by the miners as a serious one, this happens from time to time and has happened so many times in the past, people are very quick to create panic it will likely to settle next week.

This is just normal. cryptocurrency is volatile and a user should know about it when they join cryptocurrency. Yes, down trend may be a pain to see when all we wanted is having a good market for cryptocurrency but then again this is the world of cryptocurrency that we have to adjust. Newbies do like to get worried on this downtrend but for those who were here in the past few 2 years or more been actually seeing a normal phenomenon.

No need to worry everything can bounce back may it take long weeks months or even years. Just keep calmand hold your crypto to avoid losses.

[mr.smith]

Chainlink's drop is quite spectacular and honestly i knew there would be a correction from 20$ to 14-15$ but never in hell did I think it would drop again under 10$ in just few days!

Things like this happen to any coin that is a work in progress it could be a correction but since it's one of the top coins in the market I don't think
it will not recover it will recover as long as DeFi continues to be a trending topic in the community and so far it is still a trending topic.

[qomariah95]

In general, it is difficult to predict what the future will be like. But looking at the reasons some of the people in this thread have, there might be a point too. such as the trade wars of China, India and the US. For all the reasons, we always believe Bitcoin will not fall any deeper and will start to recover.

[Krislaw]

The hype of defi surely doesn't affect the bullrun of Bitcoin it is surely because of the volatility, for me the right term for this red market is price correction many tokens get pumped up so much that there is no support and resistance. They actually need it so it doesn't dump so hard. But it's a good time to buy and accumulate holdings while the market is red.

[vvampire]

Natural ebbs and flows brother

[Romanianz]

I am the one who follows the hype and now getting rekt,
so let see for future then, hope the market gonna bullish again in end of this year.

[NavI_027]

Crypto is getting harder to predict now

As if it is really easy to predict in the first place lol.

will we see bitcoin under $5k again until the end of the year?

I mean, nothing is impossible tho. These previous days, the market is crashing in a fast rate and it will be bad if the same trend repeats everyday. BUT I think maybe $10k would be a closer point. 5k? Nah, we're already far from hitting that one *cross fingers.

Was the increase in bitcoin and some altcoins in August just because of the Defi hype?

I don't think so because defi only started to bloom recently. For me the possible reason for the strong tally last August is because of Eth 2.0 hype.

[crypticj]

We are in crypto, so hard to predict prices here. No one really knows why btc price is dumped. Maybe some whale decide to do so. Anyway, alts dumped because btc dumped and now overall sentiment is really bad

[ScamViruS]

Chainlink's drop is quite spectacular and honestly i knew there would be a correction from 20$ to 14-15$ but never in hell did I think it would drop again under 10$ in just few days!

Chainlink at the end of the day it is altcoin, so it is difficult to expect anything more than an altcoin. I still remember how much hype was created with chainlink and even saw the prediction of $100 market price. But I think this correction was needed. Because no market goes up continuously, it requires correction.

Now since DeFi hype was created in the market and already many fomo buyers have lost their money. So now in case of buying any coin, one must check about the project.

[naikturun]

maybe the dump that occurred because of the news about Bithumb in Korea which was the cause of the market decline.
but not going that far, I mean 5k $ is still too deep maybe we will only see a decrease in the range of 9000 and further correction might need further correction, because the average person's prediction says that btc will only drop to 9000, although no one can guarantee that.

[proscratcher]

Checking on the higher time frame, the market is still bullish. Nothing to worried about, everything seems to be normal. That's how the market works, it does not always uptrend, sometimes we need to experience a healthy correction.

[maydna]

I don't think we can see bitcoin around 5k. The dump is expected as far as I am concern, I feel is just some form of correction which will not last for a long time. Though the fell of stock market might also influence this fall but everything will be back to normal sooner than expected, no need for panic.

Even if the price is dump hard to below $10k, we need to stay calm because behind the fallen of bitcoin price, and we will have the opportunity to buy bitcoin at a low price. This time can be a good example for us because bitcoin now is at $10k price, so that will be a good time to repurchase more bitcoin. I am sure the bitcoin price makes a deep correction of the price, but the bitcoin price will start a rally to the high price after this correction. And who knows, after this correction, bitcoin price will have a big chance to break $15k or even higher price. It is better to hold our bitcoin if we can't buy bitcoin this time, and better we do other things, so our mind will not think about the market's downtrend.

[Tipstar]

I don't think crypto was ever easier to predict than this. Change of more than 10% over 24 hours are rarer these days. The reason for that are due to involvement of institutional market makers and grid traders. Bitcoin has been able to keep it's price above 10K for quite a time now. With more distribution and adoption and larger market, the crypto market are more stable than they were before.

[totoy4741]

This is just my wild guess, but I suspect the whales ignore bitcoin prices because they want to get into the hype defi like yfi. They are waiting for defi projects and forget bitcoin.

Bitcoin will always be the primary coins and no other coins will ever replace that I guess. Defi projects might have change some investors perspective regarding the the techonlogies and system that bit can be implemented but with recent defi melt down it could turn out to be another hyped up coins like any other in the past.

[Lantind]

I am the one who follows the hype and now getting rekt,
so let see for future then, hope the market gonna bullish again in end of this year.

Everyone is clearly looking forward and hopes the market will be bullish again at the end of this year, but that is just an expectation whose certainty is still in doubt, because expectations in crypto don't always happen as we want.

[Oppo57]

In fact, there is no future for cryptocurrency at present. We were all very excited about the way the price of Bitcoin was rising. But now the price has started falling again. I don't know what will happen again at the end of the year. Yet we are very optimistic about the cryptocurrency market.

[killerfrost]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

I think the price will not be able to fall deeper, the market has grown quite a lot over the past time and it needs a big correction for investors to re-invest and participate in this market. In my opinion, by the end of 2020 the price of Bitcoin will still be able to go up to $ 15k

[zidanw]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

I think Defi hype have some effect but I don't think that it's good enough to affect the market or if so not so much. Well the pump and dump like this happened many times a month will pump and then on another month it will drop but I don't think the bitcoin will be crashing so deep that its price will reach $5k and if so it's a great way to buy a lot of Bitcoins.

[Finestream]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?

The market is always hard to predict, but there are still people who are consistent with their prediction, and they make money while the others will lose.
$5k is not a good price, people will see that we failed this year, so I guess that would not happen, the lowest price that we can see by the end of the year is probably $10,000.

Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

Just because of Defi hypes? probably no, but mostly part of it, yes.

[masphie]

i no think so this is about DEFI.
we cannot analyze cryptocurrency movements 100%. Because those who determine the price are those who play in the buying and selling.

[mamesso]

Conditions like this have often happened in cryptocurrency, rise and fall in price is unavoidable, which is why can no one predict the movement of the crypto market. The presence of defi in the crypto space does not have a bad impact on bitcoin and Eth, on the contrary, with the presence of defi, more and more new investors will join cryptocurrency, and the competition will be even tighter.

[shakesbear]

Until the coronavirus pandemic is officially defeated, until they say that the crisis is over, you should always be ready for Bitcoin to go to 6K.

[pragna]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

That's why everyone called crytpo market is always unpredictable actually. At present time all are good news everywhere like US bank making custody of BTC and swis bank also making custody BTC as one of the best secure and reserve bank in the world. On the other hand many men invested into cryto during COVID season. So if we see everything crypto market shold pump and pump and we seeing opposite. I think no body knows actual result of this dumping and Defi could not play big role here.

thanks.

[sana54210]

It is really shocking to me honestly, I mean why would anyone want to maximize their profit by allowing bitcoin to fall?

All those other stuff investors, all those miners, all those short futures guys, everyone who makes money from bitcoin going down or making money that causes bitcoin to going down are shocking to me.

Not saying I do not understand them, they want to make as much money as they possibly can and they do not care about what it causes however isn't it too short term thinking? I mean sure you can make a profit right now but you are making sure that a lot of people are not making money and that will come back to bite you.

Hopefully I am wrong and this doesn't disturb the market for too long, lets hope that it was a quick fall and it will recover soon.

[plvbob0070]

Even if it's currently getting dump, I kinda doubt that the price will go under $5k at the end of the year but the market has always been unpredictable, it experiences different ups and downs so really never know. Defi has recently getting hype but I don't think that's it's the main reason for the previous increase since there are several main economical issues that probably affected the market.

[sourish]

The volatility in cryptosphere is a given, and the present rise and fall cannot be attributed to any one factor, the political, financial and even social graph around the world to some extent, factor in hard to gauge predictions or estimated reasons. 

[carter34]

the market is bleeding, this is a good opportunity to buy as many altcoins as possible,
make sure you buy good altcoins and hold on until the end of the year,

I'm also seeing it to be opportunity to bag more of the coin. I don't think there is a dump yet, maybe a kind of correction. So no need for panic but to invest more will be wiser now.

[tvplus006]

Possibly we won't see Bitcoin @ $5k sincerely speaking: because of Bitcoin adoption. Remember that, many institutional investors has getten into the field of play and they have started making their ways to invest. What happened in August wasn't an accident because it's a  test towards what's going to happen soon, defi has been tested and trusted the world is ready for defi after this bleeding in the market.

I personally look at this bleeding as an opportunity for me to buy from the dip to hold against the upcoming bullish momentum. There are potential tokens that are dip down which are calling for a buy order, don't neglect this calling.

Not everyone was ready to close orders at a loss and thus received an even greater loss as a result of this dump. Those who have fixed their profits in stablecoins in time now have a very good opportunity to buy coins at a very low price. But do not forget about the stop loss, the dump can be continued.

[kensaii]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

I do think so. August's uptrend doesn't have any strong reason to sustain and justify it. That is why now, we saw the correction for it and it was because of the Defi hype. Some project tries to ride the hype and got to very successfully position like the YFI coin.

This is just my wild guess, but I suspect the whales ignore bitcoin prices because they want to get into the hype defi like yfi. They are waiting for defi projects and forget bitcoin.

Maybe. There were clearly no buy wall orders for Bitcoin to keep the price say. Tho, I don't think whales would stupid enough to invest all their bag to just Defi coins. As I said, Defi hype is very fragile so they have to put their bag to something else too.

[3meek]

Now there has been a correction in all markets, including stock markets... That's why the cryptocurrency has become cheaper too! I think such fluctuations are local and further growth is waiting for us!

[aaaxn]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

DeFi hype wasn't the reason for the pump in the prices of cryptocurrencies, and the most probable reason for the dump in prices can be the stock market crashing right now and all of us know that the Cryptocurrency market also mimics the stock market in trends. The fall can be because of a lot of reasons:

1. The GDP of every country is falling which show economy isn't performing well and hence the fall in stock and Cryptocurrency prices.

2. The border wars between India and China and America coming in support of India. In response to which China is selling the bonds and cutting it's reserve of US bonds.

Open to hear other's opinions.

I noticed that you write literate things and decided to ask you. I have heard that owners of large assets (even States or large investment funds) can withdraw fiat money (their assets) through crypto, and this also creates a kind of market upswing. Could this be true? Thanks!

[Miaallen]

It has been hard to predict what happens or not in cryptocurrency rise from the start. The current falling happening is already expected, may be not at the moment but many of already knew the prices would fall again and it's already happening.

[pixie85]

Until the coronavirus pandemic is officially defeated, until they say that the crisis is over, you should always be ready for Bitcoin to go to 6K.

6 thousand was an opportunity you've just missed this year. If you're bearish you will consider yourself lucky if you manage to buy for 8 ever again.

If will back bitcoin price $5k then i will buy to happy but my opinion this opportunity never possible in this year.

Then it seems like you will never own any Bitcoins

[Ryker1]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

Well, you need to accept the fact that the crypto market is unpredictable, -- every time it will fluctuate the price either up or down. But now, it is quite sad to see the market prices are bleeding too much, but let us think this is only a heavy correction which is after a month again it will come back to the bull trend and everyone will yell again. Just hold as long as you can, better to accumulate at this time than you are in panic selling.

[posi]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

It logical mate cause when the market is in bullish momentum the important players are the whales so using market analysis is unnecessary cause a single whale decision would change the market trend. However, the best thing to do is to follow the whales movement and make it productive.

[Untomabur]

Cryptocurrencies are really cruel, you can lose 100% of your money in just a few minutes, especially in this market condition,
it's still not yet understood, many altcoins that used to go up 100% are now down again 100%, terrible

[kevinzxz]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

I agree with you that currently the price of cryptocurrency is very difficult to predict, because in just a few days the price of cryptocurrency has down very much, but this is an opportunity for us to buy more cryptocurrency and hold, because if the price of cryptocurrency increases again then we will get a big profit from buying and investing in cryptocurrency for now and I advise you to buy BTC, ETH, CTSI, LINK and BNB.

[todiefor17]

The market has grown at a fairly high rate and they need adjustments and the DEFI projects are growing fastest of all. Investors took a profit-taking move and the scam DEFI projects ended up selling off the tokens they had mined.
I see that downtrend is just beginning, the market will purge bad projects again.

[Fredomago]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

Hold up there, mate.
5k? Meh. Unless we get massive dumps soon though but for Bitcoin that is just a slight chance.
For now let's take it that BTC is at its "stabilizing" moment. Don't sell your coins right now, because whales might eat it after you throw it.

Whales who created this shake will surely eats up every coins that will thrown from this dumped, they will continue accumulating
knowing that the value will bounced back. They are good with emotions and sentiments, be very observant to avoid losing your money.

About the Defi hype, I don't think it has any connection to Bitcoin in its increase.
It is just Bitcoin being Bitcoin itself.

Maybe there's some but not that much to completely affects the actual sentiments of bitcoin market, don't be bothered
by news do your research to lessen your fear with this current situation.

[Kez1817]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

There's no changes, it's normal in the market to have increase and decrease. The pump happened last month is because the demand increasing and many people work in crypto and now maybe they hold their coins and the whales are also working on this dump but instead of just looking the market why not grab this good opportunity to buy because for sure one they market will bounce back again. Who knows, and always remember crypto market are volatile.

[unusualfacts30]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

There are other major events happening in the global financial world that weren't happening in 2017. That of course effects bitcoin and altcoins in many different ways so you have keep an eye on everything and not just bitcoin price. It could've been defi hype but not really. For defi hype to happen bitcoin has to rise so which happened first? it was definitely not just hype that caused the mini pump and there is more to it. Some of these defi tokens even claimed that they weren't effected by btc price. they were the first one to dump in the market.   It's a good thing and you can see for yourself which one of them is going to be strong.

dont trust what they claim put them rigorous test. whats a better test than btc mini dump and see how long your favorite defi token lasts.

[target]

Its gonna be interesting to see BTC drop to $5K again and the defi projects fly up like how the YFI did.
There were several reasons I've read about what really is happening like the miner's exit to which they are selling it for a low price so new miners will not get ROI and eventually close down. The only reason some find it sensible is that what goes up must come down, I guess this is just investors taking profit and then reinvesting again after.

[Zeehaxan]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

Fundamentally and technically i am still bullish and if you can hold till 12 to 18 months more i am very sure that you will be sitting at multifold profits by then, the market keeps testing the hodlers with dumps so just stay calm and market will be back.

[diskodasa]

Its gonna be interesting to see BTC drop to $5K again and the defi projects fly up like how the YFI did.
There were several reasons I've read about what really is happening like the miner's exit to which they are selling it for a low price so new miners will not get ROI and eventually close down. The only reason some find it sensible is that what goes up must come down, I guess this is just investors taking profit and then reinvesting again after.

I don't expect Bitcoin price to drop because if this happens then the whole crypto market will surely be affected a lot and investor sentiment will change. Given the current situation I hope the uptrend will persist as this is for the best of the market. One more thing, when the market rises, the DeFi projects will attract more investors and this is a good opportunity for you to make more profits.

[kerjakuat]

Its gonna be interesting to see BTC drop to $5K again and the defi projects fly up like how the YFI did.
There were several reasons I've read about what really is happening like the miner's exit to which they are selling it for a low price so new miners will not get ROI and eventually close down. The only reason some find it sensible is that what goes up must come down, I guess this is just investors taking profit and then reinvesting again after.

I don't expect Bitcoin price to drop because if this happens then the whole crypto market will surely be affected a lot and investor sentiment will change. Given the current situation I hope the uptrend will persist as this is for the best of the market. One more thing, when the market rises, the DeFi projects will attract more investors and this is a good opportunity for you to make more profits.

I would say Defi projects was make a lot of new investors loss their money and make the market bleeding again so soon as the hype of Defi will attract a lot of scammer to make a scam project that lead to new investors losing their money and what most surprises even Binance do list scam project in their exchange.

[(o)(o)ilikeboobs(o)(o)]

The market is just going the way it is going. Going too high will have to adjust down. There is no market going up forever, US stocks have had to decline recently, and so has gold. After the current correction, the market will continue to go up.
We should take all the risks and have the right strategy to overcome them, not putting all the eggs in one basket.

[aryana42]

I would say Defi projects was make a lot of new investors loss their money and make the market bleeding again so soon as the hype of Defi will attract a lot of scammer to make a scam project that lead to new investors losing their money and what most surprises even Binance do list scam project in their exchange.

Hello, work hard, it seems you need a deeper understanding of DeFi, because basically DeFi is not a scam so the Binance exchange wants to accept DeFi tokens to be placed on their list, and once the DeFi trend rises, scammers take advantage of this condition to create fraudulent projects that on behalf of DeFi, thus giving birth to DeFi tokens that are scam as you say, meaning that not all DeFi tokens are scam, so if you consider all DeFi tokens a scam, I think you are wrong in this regard.

[djmixen]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

No one can explain to you the exact happening in the market. Don't you know that the market was too unpredictable,
and that's because of volatility no fixed value remains. Even the experts couldn't say perfectly about the situation happening in the market too.
I also don't believe that is because DEFI of course not!

[bitzizzix]

I would say Defi projects was make a lot of new investors loss their money and make the market bleeding again so soon as the hype of Defi will attract a lot of scammer to make a scam project that lead to new investors losing their money and what most surprises even Binance do list scam project in their exchange.

Hello, work hard, it seems you need a deeper understanding of DeFi, because basically DeFi is not a scam so the Binance exchange wants to accept DeFi tokens to be placed on their list, and once the DeFi trend rises, scammers take advantage of this condition to create fraudulent projects that on behalf of DeFi, thus giving birth to DeFi tokens that are scam as you say, meaning that not all DeFi tokens are scam, so if you consider all DeFi tokens a scam, I think you are wrong in this regard.

We have to learn from previous experiences, Defi is currently a trend and we must remember ICOs, which all started well and were profitable.
And as time goes by, many new projects have sprung up that end in scams that make investors or something else don't trust them, and there's nothing wrong with staying vigilant because of experience and not necessarily all Defi tokens or projects are scammers.
it is better to study and understand it in great detail before engaging in it because it is deceived or not depending on our intelligence in choosing and judging.

[CoinThinker]

The bullish game has started, you can see it from YFI or many others but mostly in the Defi part and Ethereum blockchain tokens, but i think it should have a pull back and then rise agin because of the power of USD which is increasing .

[Argoo]

Now the cryptocurrency market is undergoing a usual price correction, which has been expected for a long time. Moreover, the bitcoin price fell slightly, as there are opposite positive trends associated with the general expectation of the growth of this market. I do not see any objective reasons that could lead to a drop in the price of bitcoin to $ 5,000. In addition, August and the first half of September have always been not the best periods for the growth of the cryptocurrency market. Great hope in this regard for the fourth quarter of this year. By the end of the year, prices should rise substantially.

[3meek]

Now the cryptocurrency market is undergoing a usual price correction, which has been expected for a long time. Moreover, the bitcoin price fell slightly, as there are opposite positive trends associated with the general expectation of the growth of this market. I do not see any objective reasons that could lead to a drop in the price of bitcoin to $ 5,000. In addition, August and the first half of September have always been not the best periods for the growth of the cryptocurrency market. Great hope in this regard for the fourth quarter of this year. By the end of the year, prices should rise substantially.

But to be honest, I can see the reasons for the fall of the crypt currency, but I hope that it will behave as usual against expectations!
For example, the economy disrupted by the pandemic is worrying. Unstable political situation in the world and waiting for the second wave of coronavirus ...

[lienfaye]

The market is just going the way it is going. Going too high will have to adjust down. There is no market going up forever, US stocks have had to decline recently, and so has gold. After the current correction, the market will continue to go up.
We should take all the risks and have the right strategy to overcome them, not putting all the eggs in one basket.

It is the nature of crypto and other investment.

Sometimes it is going the way you didnt expect it, the reason why its risky and investors must be prepared for this kind of situation.

Invest what you can afford to lose and if possible learn to diversify.

[malikg18]

Currently prediction of cryptocurrency is much difficult. Market is not stable and going down, In this situation there are more opportunities .we should avail this and get some coins in lower price. we should reserve some of our portfolio for this type of situation and with this portfolio we can get some good coins in cheep price.

[giammangiato]

Market at the moment is waiting what BTC will do. The decreasing of the price influenced also the pair in btc of the others cryptocurrencies because users dumped them for sell btc before the big dump. Everything will come at the normality when btc restart to grow

[chikator]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

Actually i thought that because of the pandemic we will be able to see a surge on the market. I thought the pandemic would be something to pump up the crypto market. But then again, crypto remains unpredictable.

[soulripper]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

Actually i thought that because of the pandemic we will be able to see a surge on the market. I thought the pandemic would be something to pump up the crypto market. But then again, crypto remains unpredictable.

Yeah i did think the same as you too but again we all cannot predict what will happen as now i see the market look like not stable again. But im hope the situation are back to be better again in the cryptos market. Hope bitcoin will not dropping back to under $10k again as it will make investors panic and could make a panic sell soon.

[Lorokan]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

To a very large extent, crypto currency market is fine, and nothing is happening to the market. The trade and price patterns are not harder to predict, its just that you need to work harder, improve your knowledge so that you are able to interpret trade charts correctly. Always do your research, and follow your trade, and research function pattern.

[codpku]

What happen to the market now its normal i think, theres always up and down
After big bull run bitcoin need take a rest and wait for full the fuel before bitcoin make a big jump and make home home run
Yap market really hard to predict now because lot of indicator that can affect to all coin
It depend on us to not be greedy if you got a lot just close your position
Its better to get 1$ than loss 1$ right??

[cryptonewbie]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

Well, we have not seen Bitcoin at $5k levels since 2018, so I want to believe that it is not going to in 2020. I believe BTC is currently retracing and we might see another retest to $13k in a couple of months.

[xandriel]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

Actually i thought that because of the pandemic we will be able to see a surge on the market. I thought the pandemic would be something to pump up the crypto market. But then again, crypto remains unpredictable.

Yeah i did think the same as you too but again we all cannot predict what will happen as now i see the market look like not stable again. But im hope the situation are back to be better again in the cryptos market. Hope bitcoin will not dropping back to under $10k again as it will make investors panic and could make a panic sell soon.

Definitely not going to happen again as I predict Bitcoin price will soon return to the $11,000 mark in the next few days and the whole market will bounce back. For the past few days it has been really bad because the market has been continuously having many big corrections which made me feel very nervous. Now the situation is getting better and we should put more hope into this market.

[Princejebs]

I don't think so, I would expect a resistance level around $9000-9500. But as you said, predicting the price movements of cryptocurrencies is very difficult as so many factors influence the price.

You sound as if you have seen the future 
Nobody saw bitcoin going to 3.7k during March crash. Bitcoin is so correlated with stock market, just hope the traditional market don't crash like the previous time else you will be shock by new bitcoin waves

[distr@yopmail.com]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

Well, we have not seen Bitcoin at $5k levels since 2018, so I want to believe that it is not going to in 2020. I believe BTC is currently retracing and we might see another retest to $13k in a couple of months.

I also believe in that. this year there won't be a deep downturn like 2018. we will see the crypto market in a strong condition, even though there is no high increase, but I believe the market will move dynamically with a not so far gap in value.

[taguig]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

This is how an open market works, you can never be sure if the market is going to go down or up when you wake so it's important that you only invest what you can afford to lose and invest this in coins that you have done your research, there are no perfect investment here but at least you can still have majority of your investment profitable.

[Kasabus]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

This is how an open market works, you can never be sure if the market is going to go down or up when you wake so it's important that you only invest what you can afford to lose and invest this in coins that you have done your research, there are no perfect investment here but at least you can still have majority of your investment profitable.

There is no assurance on what will be the future of crypto so i am more focused on the present market condition rather than thinking about its future. The market has been dumping these days and i guess there is no problem with it. Then why not grab the opportunity of buying again while the price is still low? Let's take this as an advantage for us rather than looking it in a negative way.

[wanted sliter]

From July to August of this year, bitcoin and cryptocurrencies increased in price too quickly and they had to pause to reach equilibrium before they could continue towards higher prices. Not because of lowering prices in a short time but losing calm in front of the market. We need to accept fluctuations, if it doesn't happen now, it will happen in the future.

[Captain Corporate]

 Obviously the fast track increase was caused by the halving and that usually means that if price of something goes up that fast, it goes down fast as well, it doesn't have to fall down to what it was, but it does fall anyway. Which is what happens to bitcoin, we were around 9k levels, went to above 12k in a week or so, we went to 10k now. That makes super sense because thats how it works honestly.

 I believe correction was something temporary, people who wanted to take out their profit already did and there is really no more need for any correction and there is no more sell for profit type of people which means they will not be really doing any big amount selling. All of this means the price of bitcoin will go up and when bitcoin goes up all other coins go up as well.

[Rafiqul]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

Although it is difficult to predict in crypto, I do not believe that the price of Bitcoin will fall below $5k. The crypto market is currently undergoing a normal process, it is just a market correction. The growth of the crypto market in August was only due to Defy's hype. I don't think that's right either.

[lousie9]

This is normal, the market situation cannot be predicted accurately, sometimes the above and vice versa. But if in September the BTC price is back below $ 5k I'll use it to buy as much as possible. but it looks like the current market situation is affected by the increasing adoption of defi.

[Chainsmokers]

conditions like this are normal for me trade goes up and down This decline occurred because of bad news in the crypto world but what I see today the market is back in an uptrend, even if only slightly

[DU18]

conditions like this are normal for me trade goes up and down This decline occurred because of bad news in the crypto world but what I see today the market is back in an uptrend, even if only slightly

Which is certain that right now market conditions are still very much influenced by the DeFi hype that occurs, so that market price movements will be very difficult to predict where the next movement will go, maybe for some people this condition will be very profitable to buy alt coins because basically bearish and bullish trends can it just happens from time to time but some people also think market conditions like today are very risky because there could be a sudden bearish price due to the decline in the DeFi hype.

[Google+]

conditions like this are normal for me trade goes up and down This decline occurred because of bad news in the crypto world but what I see today the market is back in an uptrend, even if only slightly

I think maybe because of some bad news that makes the whales and investors to sell their assets and prefer to secure their money, but you should know that they don't always do that, they will still make a few purchases and try to take advantage of small movements to find fortunately, when conditions are like this, the only coins that have the potential are bitcoin and a few reputable altcoins.

[Searing]

How I look at BTC/Crypto 'each day' to keep 'somewhat sane'

1) BTC/Crypto is going to dump to 1/2 its value, of the particular day you are doing this mental exercise in HODL mode.

(I don't think, at this point in time, after 11 years it is more than that is likely to drop less than 50% in value after 11 years of real-world use)

Thus, meeting worldwide maximum adoption in the world. (likely mostly majority of use in under-developed countries) and mass adoption being met,

will from then on be acting like a 'traditional investment' and gain...say 2% per year into the future, from then on.

2)BTC/Crypto  is going to 'stay' at its current value, (of the particular day you do this mental exercise in HODL mode) thus meeting worldwide maximum adoption

in the world. (likely mostly undeveloped countries, for the majority of use again) and maximum adoption being met..will from then on be acting

like a 'traditional investment' and gain no more than 2% per year into the future per year in value, from then on.

3) BTC/Crypto will go up 8x/16x/32x as it has done several times since 2009 when it was invented...and mass adoption will be widespread worldwide and

not just a 'niche' adoption, like in the above to mental choices of 1 and 2 above

Anyway, how it plays in my mind, day by day, in HODL mode of BTC/Crypto/Altcoins, etc, etc.

Then again, I am HOLD'ing by 'some people view' magical beanie baby fantasy $$$ so WTH do I know

Brad

[Roidz]

conditions like this are normal for me trade goes up and down This decline occurred because of bad news in the crypto world but what I see today the market is back in an uptrend, even if only slightly

Current crypto market movements tend to be more stable so we should pay more attention to prices carefully and also prioritize the right analysis before making market transactions, because with market movements like this it will be difficult for us to predict the rise and fall of crypto prices,
and I personally prefer to play carefully and tend to prefer to save the money I have.

[Pompa]

The changes of situations on the market are basically the flow on how ability of some progress happened through the behavioral differ allocations. Just like giving the negative and positive value of giving of acettaon projects.

[cute nmp]

From all points of view the crypto -market is not in a good condition due to so many factors.Market started to recover middle of the year but suddenly it crashes again but no matter how bad the market condition is this year I don't think bitcoin will fell below 5k .The market will recover with time and things will be stable again.

[soulripper]

From all points of view the crypto -market is not in a good condition due to so many factors.Market started to recover middle of the year but suddenly it crashes again but no matter how bad the market condition is this year I don't think bitcoin will fell below 5k .The market will recover with time and things will be stable again.

Bitcoin has been down to $4000 since March of this year and that was a very bad time for the market during that time. Now the situation is getting better and investor sentiment is starting to get a lot more comfortable so you don't need to worry too much while holding.

The crypto market never stands still and investors also need to change in order to make more profits.

The market seem to be downtrend right now and this might only temporary just hope it will be like that or because the hype of defi already gone and now the market are starting to bleed back again? Who know what will happen to cryptos market just finger cross hoping for the best.

[geyayy]

Bitcoin, being very volatile in price, as well as other alternative cryptos, you can't really predict if it is going up or going down. Having dumps on cryptocurrencies is a chance for us to buy at lower prices, as i said it's volatile, and you'll never know when are you going to get a pump. Defi surely made a hype in the market, but that doesn't mean it is the reason for the pump in the prices.

[btc-facebook]

The decline in the price of Bitcoin in september is purely due to a correction, every Bullish or Bearish movement requires correction to continue the trend,
I'm not sure if the bitcoin price drops to 5k usd, although there is always a chance that it will, but with today's circumstances and volume it's still very unlikely,

[orengitu]

The reason for the pump in the prices of cryptocurrencies is not because of the defi hype, The most probable reason for this big bleeding in the prices of cryptocurrencies is because of the stock market which is not stable. The instability of the stock market is due to the effect of the pandemic (Covid - 19).

The dump in prices doesn't mean we should make use of it, this is a time when we can buy cryptocurrencies at a very lesser price and hold till the price pump again.

[MWesterweele]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

Although it is difficult to predict in crypto, I do not believe that the price of Bitcoin will fall below $5k. The crypto market is currently undergoing a normal process, it is just a market correction. The growth of the crypto market in August was only due to Defy's hype. I don't think that's right either.

An indeed a sad truth about crypto and that its unpredictable movement of market and whether we like it or not we need to deal with the values of the token we have. But the fact that Bitcoin value dropped its value from $10k down to $5k is definitely unbelievable. And i dont believe it also. Upon checking the blockfolio the value of bitcoin was still unbeatable by having a value of $10k and that's a good news to all those who have a bitcoin today in their wallet.

[Bitcoin Seller]

Bitcoin, being very volatile in price, as well as other alternative cryptos, you can't really predict if it is going up or going down. Having dumps on cryptocurrencies is a chance for us to buy at lower prices, as i said it's volatile, and you'll never know when are you going to get a pump. Defi surely made a hype in the market, but that doesn't mean it is the reason for the pump in the prices.

I strongly believe that digital assets will find widespread mass use, going beyond market speculation. Probably, cryptocurrencies will be taken as payments almost everywhere, and even in classic banks. I am absolutely sure that this time is closer than we can even guess right now. As for Bitcoin, it will not go down so dramatically.

[CryptoTrip]

no one knows exactly what is happening on the market, I trade based on technical analysis and the correct calculation of risks, this is all I need to know, but we can state that 2020 has become a breakthrough year both in terms of scaling cryptocurrencies and new projects like DeFi, NFt and others

[olabiyijummy02]

Its going to be fascinating to see BTC drop to $5000 again and the defi ventures fly up like how the YFI did.
There were a few reasons I've found out about what truly is going on like the digger's exit to which they are selling it easily so new excavators won't get ROI and in the long run close down. The main explanation some think that its reasonable is that nothing can escape the pull of gravity, I surmise this is simply financial investors taking benefit and afterward reinvesting again after.

[iTradeChips]

What I think it has really something to do with the current situation that we are in right now, worldwide. Markets are down, stock market is down, consumer activity is very low if not an all time low, many businesses have closed and many fortunes were reversed. So if you are going to ask me, this is just really a reaction to the global recession that is happening right now. So I won't be surprise if the price goes down, in fact, if you know the market trends then you would still be able to profit from such a scenario.

[Searing]

Well, IMHO, all the 'virtual land' is being gobbled up ..that is Bitcoin wise. 18.5 million Bitcoin have already been mined out of the 21 million total. So, if this is the

case, and you have had the halving about April 8th, 2020....and as such the 12.5 Bitcoin to a block is not down to 6.25 Bitcoin to a block. Thus you have 'starting' at

this time 2 things going on (1) less Bitcoin available and (2) due to the state of the world more people in HODL mode for Bitcoin. This means, a lot less, Bitcoin on the

the market for sale and with the state of the world 'adoption' increasing the price of Bitcoin has been rising steadily.

So, IMHO, it is now a 'question' of adoption....how many people want in? Now as far as HODL'ers selling, don't think we are there yet, so this amount of Bitcoin

available to sell will keep the price up IMHO. As a 'guess' on my own HODL'ings (for sure the Altcoins) I will likely dump Altcoins at around the previous all-time high

of around $18k per Bitcoin. So the hodl'ers will sell some around the next All Time High for Bitcoin and/or like myself sell their altcoins then (my plan) and HODL

the Bitcoin. So anyway, it takes a few months after halving for these price increases with Bitcoin, IMHO. With the PayPal annoucement and likely 'inflation' a concern in

a few years I see the stock market going down by 1/3 and gold and Bitcoin at least going sideways at worst or up a bit.

So in a 'general' market sense, save cash, get Bitcoin to HODL agains inflation and diversify your stock market assets to bonds more so then being aggressive.

We have a 'few' years to get through all this, as to myself I think the Bitcoin market is the place to be at this time above other choices.

(like I know zip)

Brad
 

[luckyflop]

Bitcoin dominance has increased recently, due to the pay pal news and the news about the bank in Singapore, Most participants in the market are reactionary. They react to this news, that news, and tend to jump on the bandwagon at precisely the wrong time, then when it does not pan out, jump off at precisely the wrong time.
and till 15k there is no serious resistance and whale know it, so most of the money of the market is flowing to the BTC and when it reached to 15k and if it got stable in that era for a few weeks we can expect bitcoin dominance decreases slowly and we see altcoin raises slowly.

[lienfaye]

Now the market is exactly what you would expect. People earned money on various defi tokens. As soon as their tokens began to fall in price, people began to sell them and place their capital in the most secure and stable coin - Bitcoin.

This might be the case now as we can see that bitcoin is climbing up consistently the reason why some investors are thinking that we are heading to bull.

Well its too early to say, but I do hope before this year end another bullish market happens. So despite of the bad things of this year that affect each of us and the economy there's a good thing that can cheer us up.

[jdnthny]

I think we are now on the verge of a bull run now that bitcoin is making a very stable upward trend as of the moment and its value right as right is almost in $14k. I have a strong feeling the bitcoin will reached a new all time high value before the end of the year until the first few months of next year.

[pelumi20]

The main reason why the market is getting harder to predict is because the nature of market is changing due to more adoption by the public. But it is not very hard for good traders to predict because the combine both fundamental and technical analysis to predict the next move in the market.

[kentrolla]

When the pandemic started people had no option to leave home at that moment many of them started to invest in share market, stock market, crypto and so on. Many of them lost jobs, many industries closed a lot happened, at this point of time I am still surprised crypto is really doing well and good. People are creating FUDs on everything has gone bad and market is down but in my point of view crypto is doing good.

[cryptogod322]

Now bitcoin has again approached $ 14k, but it could not overcome this unfortunate mark and rolled back. If Bitcoin fails to break through $ 14k, then in November it may fall even below $ 10k. It's my opinion.

[lifeOK]

Now bitcoin has again approached $ 14k, but it could not overcome this unfortunate mark and rolled back. If Bitcoin fails to break through $ 14k, then in November it may fall even below $ 10k. It's my opinion.

There's already correction happening, bitcoin nearly to contact $14k mark yet before that moving back $13k. Bitcoin is on sell so congrats those who have managed to take profit before the pullback! I always know that the opposite will happen but having doubt if bitcoin arrive at such low $10k. I can simply continue purchasing more while getting this low!

[Altryist]

Now the market is exactly what you would expect. People earned money on various defi tokens. As soon as their tokens began to fall in price, people began to sell them and place their capital in the most secure and stable coin - Bitcoin.

This might be the case now as we can see that bitcoin is climbing up consistently the reason why some investors are thinking that we are heading to bull.

Well its too early to say, but I do hope before this year end another bullish market happens. So despite of the bad things of this year that affect each of us and the economy there's a good thing that can cheer us up.

Yes, bitcoin is moving up, but what happens to the market, everything goes down again. Every time bitcoin starts any movement, altcoins immediately begin to fall. I am more and more inclined to have 80% bitcoin in my portfolio and the remaining 20% altcoins, half with ether. Most likely, the market is now sinking under the pressure of bitcoin growth, perhaps funds are now being transferred from altcoins to bitcoin, so we see such a situation.

[olabiyijummy02]

Regardless of whether it's as of now getting dump, I kinda question that the cost will go under $5k toward the year's end however the market has consistently been unusual, it encounters distinctive high points and low points so actually never know. Defi has as of late getting publicity however I don't feel that is it's the fundamental purpose behind the past increment since there are a few principle prudent issues that likely influenced the market.

[motun01]

we as a whole need to acknowledge the way that the crypto market is unusual.
At whatever point there is a variance in the price either up or down. However, presently, it is very tragic to see the market prices are draining excessively, yet let us think this is just a hefty revision which is following a month again it will return to the bull pattern and everybody will shout once more
i will obviously advice against dumping your coins based on the things that you see online, always make your own research.

[odukoyaewatomi27]

I really do not think Defi was the sole reason for the pump and dumb of cryptocurrencies prices. I think the reasons for these actions could be as follows

1) the crash the the stock market and forex market due to the corona virus. This could have had a major effect because the crypto market reacts to the actions of these markets.

2) The wars for border that happened between China and india.  China sold and cut its reserve of US bonds because America moved in support of India.

[alisonwonder]

to see a bitcoin price of $5k I think it's impossible because the market won't dump that fast, look now the bitcoin price is over $13k and maybe by the end of the year it could hit $15k
keep calm because dump or pump is common in the market

The price of bitcoin would not have collapsed quickly if there was no bad news even though it might potentially fall to such a low price but it would be very unlikely, due to the influence of the limited supply and making it difficult to get bitcoin then bitcoin should always have price increases.

[jcarlo]

to see a bitcoin price of $5k I think it's impossible because the market won't dump that fast, look now the bitcoin price is over $13k and maybe by the end of the year it could hit $15k
keep calm because dump or pump is common in the market

The price of bitcoin would not have collapsed quickly if there was no bad news even though it might potentially fall to such a low price but it would be very unlikely, due to the influence of the limited supply and making it difficult to get bitcoin then bitcoin should always have price increases.

Looking at the current trend of Bitcoin price movements, I don't think Bitcoin will return below $ 10k. It is possible that in the next few days Bitcoin price will go up to $ 15k and then continue to price $ 10k. With the current Bitcoin price strengthening, I think the altcoin price will be under pressure and will probably go back up once the Bitcoin price starts finding a new balance

[jostorres]

The price of bitcoin would not have collapsed quickly if there was no bad news even though it might potentially fall to such a low price but it would be very unlikely, due to the influence of the limited supply and making it difficult to get bitcoin then bitcoin should always have price increases.

That collapse happened mainly because of the circumstances that surrounded the market during that time because almost every country suffered economic crisis and there were even rumors that the corona virus might end everything in coming time so people panicked and sold their coins and when the market drops and people panic it keeps on dropping because of the domino effect if one dumps their coins then others because of the marker drop also sell their coins in panic.

Now that we are back in the 13k range everything feels normal and again the domino effect is taking place as the market moves up everyone feels like buying and hence the market moves up even higher.

[davinchi]

1) the crash the the stock market and forex market due to the corona virus. This could have had a major effect because the crypto market reacts to the actions of these markets.

Yes this had a impact on the price of bitcoins as many people sold their assets to over up the losses they faced in the share market and that is why the price was dumped by a big margin earlier but it was quite quickly fixed to the normal price I guess within a month so might have something to do with the big scam that happened during that time in the name of Plustoken.

2) The wars for border that happened between China and india.  China sold and cut its reserve of US bonds because America moved in support of India.

Don't think India have much big holders of crypto and yeah if China dumped then maybe you are right but besides that I cannot imagine why prices would change too much because of tension between two countries as it has nothing to do with crypto.

[Winscosinally]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

Crypto market is holding up pretty well, 5k per bitcoin is possible but not now, maybe in future, right now the entire crypto space is bullish, starting from DeFi success and PayPal implementing crypto, I think it's time for another bullish trend because huge amount of money is coming in trust me, there will be more demand on crypto

[Boov]

I really do not think Defi was the sole reason for the pump and dumb of cryptocurrencies prices. I think the reasons for these actions could be as follows

1) the crash the the stock market and forex market due to the corona virus. This could have had a major effect because the crypto market reacts to the actions of these markets.

2) The wars for border that happened between China and india.  China sold and cut its reserve of US bonds because America moved in support of India.

We have known from the start that cryptocurrency were volatile and unpredictable. For me it doesn't change its characteristics from the start up to now. What was really happening on the market now was a usual scene that every investors and traders have seen in the market. But what was the difference of today to last years scene was the value of cryptocurrency were seemingly good compare to the last year.

[Inkdatar]

This is normal movement in crypto market that we may observe price may increase and may declined. But, currently upon checking bitcoin price cross $13k above. As others been said, if this will continue we may see good movement this year ends. There’s nothing to be alarm about the market condition since it is always volatile.

[unusualfacts30]

Bitcoin goes up. alts go down. Bitcoin goes down. alts go down. Nothing really has changed from what I have seen other than investors and adoption. According to recent survey 70% of US adults want in on bitcoin, this number was much lower few years ago. With more players involved, predictability goes down as well but if you keep updated with the news and technical analysis, its not that unpredictable either. There are other things like covid and global economy that can effect the predictability.

[leea-1334]

I really do not think Defi was the sole reason for the pump and dumb of cryptocurrencies prices. I think the reasons for these actions could be as follows

Not the sole reason but for sure a major reason. People have been pumping ETH and locking it up everywhere for no good reason other than to earn yields and staked tokens/pool tokens. And now they realize everything is winding down people are panicking,,, as usual!

Stocks and gold and wars are always at play but look at Bitcoin standing strong. No Defi there:)

[sgenuine]

Now bitcoin has again approached $ 14k, but it could not overcome this unfortunate mark and rolled back. If Bitcoin fails to break through $ 14k, then in November it may fall even below $ 10k. It's my opinion.

Sometimes, the market activity confuses many guys. No one understands why Bitcoin decided to jump so high close to the end of October. I also suppose the November BTC small fall, and its next rise in December or even in January 2021. Holding Bitcoins!

[nykka]

Now, 2 months passed and Bitcoin reached 13k$, whole trend is bullish, but short-term imndexes show, that there is still not enough buyers power to start new bull run. I think there will be flat in 11k-13k till end of the year and in early 2021 price can goes up to new heights like 16k$

[Strotman]

Recently, there is more and more news about the introduction of cryptocurrencies in everyday life. Today I read that Coinbase is issuing a VISA debit cryptocurrency card, although at the moment only for USA residents. This news may have a positive impact on the growth of crypto

[carter34]

Now, 2 months passed and Bitcoin reached 13k$, whole trend is bullish, but short-term imndexes show, that there is still not enough buyers power to start new bull run. I think there will be flat in 11k-13k till end of the year and in early 2021 price can goes up to new heights like 16k$

I think your prediction of $11k $13k till the end of this year is very possible. For now price is doing well above $12k which looks good to invest now. The price dropped a little today but I believe it is going to recover by the weekend. The season is being volatile for bitcoin and altcoins .

[seleme]

Now, 2 months passed and Bitcoin reached 13k$, whole trend is bullish, but short-term imndexes show, that there is still not enough buyers power to start new bull run. I think there will be flat in 11k-13k till end of the year and in early 2021 price can goes up to new heights like 16k$

IMHO, the continuation of the uptrend depends on external factors such as the election in the US and the consequences of the election in financial markets. If the volatility goes higher than the average rate then the chances will be higher to hit the $15000 in a week. Let's see what is next for crypto markets after 3 November. In the case of Trump becomes a US president again, the markets will calm down but this is my personal opinion. As you know, the personal opinions tend to be biased which covered by past experiences.

[HatakeKakashi]

Bitcoin now is more than 12k dollars and I don't see for the price of the bitcoin to become lower the 5k dollars because the movement is good  and I think it have a chance to rise it in the next few weeks and we will see again the bull run if the bitcoin hits the 20k dollars per bitcoin. It's hard to find a legit and successful project because there is a lot of scammer now.

[adekogbe]

we as crypto clients will unquestionably keep on searching for Good projects that can get agreeable outcomes, particularly as long as the pandemic lasted crypto enthusiasts  is improving this might be a consequence of expanding crypto clients in light of the fact that many can not work in their individual offices, and these days numerous good projects for us to follow so crypto clients ought to have the option to make the most of the momentum openings.
I believe crypto is in a recovery phase and that is why we are seeing much better stability with the projects out there now.

[odukoyaewatomi27]

Literally nothing is unfamiliar to us, we're not new to this space as red has been important for the space from origin. At whatever point it turns red means collection ahead. The individuals who don't have self will to make passive revenue during this opportunity to obtain coins from this plunge will consistently lament their activities. Its opportunity to purchase while hanging tight for the fitting chance to pickups benefits during the bullish period.

[CASTIEL05]

What is happening in market is not that strange at all. We encounter this several events over the pass years. Market has bull and bear. Exchanges and coins are always looking for the hype. Traders playing significant role in support and resistance but there is always catalyst that pushes the prices. All in all, there is no strange happening in market than listing such food names in binance.

[BAGOBO]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

If you focus only on increasing, then you will freeze and there will be no increase. Change your mindset to find profit opportunities in the green area in the sense that prices go up or suddenly bled in the sense that prices fell.

[Salauddin1994]

Who doesn't know what is going to happen in the market signals in the market often do not give the right signal in which case it would be better to invest and hold than day trading with the market demand gradually increasing the crypto market is likely to rise a lot in the future. The bull run will not really make much of an impact on the whales therefore you have to keep your mind right and move forward with positive thinking as the price of bitcoin rises so will the value of other currencies.

[EmmaGod]

I personally don't see anything unusual about the market, because volatility is a characteristic of the cryptocurrency market. We may be uncomfortable because the market is not moving in line with our expectations, but I've come to realise that the changes in the market is influenced by various factors. The technical analysis and fundamental analysis is only a tip of the iceberg.

[nrvasquez]

Crypto market is totally in the red zone and every coin is going down, I think this is due to ti the US election. I will suggest to buy some good coins in this period and hold for some more weeks as the market will again go green definitely.

I don't think so, lol. and also i think there's nothing to do with the US election. we obviosly gaining more momentum right now, not like 1 or 2 years ago. this year a lot of big company accept crypto (paypal).

[santiPOGI]

I'm not quite updated for what is happening now in the market honestly speaking. Just all I know at the moment is the Bitcoin price surpass 12k$ and now 13200$ something on which of course most of the altcoins in the market of course got dumped their prices, isn't right? where some of the potential coins are not based on what I had observed anyway.

[Uhde]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

The things going on global markes started to affect on Crypto market as well. It was not like this before. Elections are coming. Coronavirus is spreading more. So crypto market is also very unstable like the others.

[jcarlo]

Crypto market is totally in the red zone and every coin is going down, I think this is due to ti the US election. I will suggest to buy some good coins in this period and hold for some more weeks as the market will again go green definitely.

Many altcoins are currently falling in price because the price of Bitcoin continues to rise and this can be seen from the dominance of Bitcoin in the market which has risen again by up to 63%. I agree that now is a good time to buy potential altcoins and I think that those in the top 100 coinmarketcap can be a pretty safe choice.

[SlimShadyMmp]

Personally I dont understand the market anymore I basically side ways back and then repeat but sure if you can swing maybe you will make money from it but  for now I think maybe after some major news or eth 2.0 but still market feels way bullish than ever

[Atang Sulaeman]

the market is bleeding, this is a good opportunity to buy as many altcoins as possible,
make sure you buy good altcoins and hold on until the end of the year,

indeed a great opportunity for those who have the funds to buy coins that are flushing,
but we must choose carefully because the risks involved are not small, and if you are lucky,
big profits will certainly come your way.

[NeilLostBitCoin]

Everything that is happening right now is brought by the pandemic. All aspects are affected, economically, financially, spiritually, the well being of each and everyone and most especially our mental health. What happened this year is really traumatic because a lot of people died, a lot of businesses are forcedly closed because of bankruptcy and a lot of people are financially unstable and these are some of the reasons why even the bitcoin and any other crypto currencies are affected.

[fosco333]

If it was easy to predict, then it wouldn't be cryptocurrency anymore because the volatility price of crypto is very high.
Particularly in new altcoins, some people can easily manipulate the price because the liquidity is poor, the order book is thin.
I personally prefer to stay in bitcoin or top altcoins to be able to predict more accurate than other altcoins.

[gamer4156]

individuals in altcoins may most likely be to bitcoin and I don't see quite a bit of holding of stable coin, which is the huge fiasco from this dump. At whatever point it turns red connotes aggregation ahead. The individuals who don't have oneself will to make automated revenue during this opportunity to get coins from this plunge will consistently lament their activities. I think such variances are nearby and further development for us.

[zidanw]

As I can see the market is really volatile and we can't really predict what will happen. Now it's November and it's up again before the Ethereum has only the high fee but now look even the Bitcoin's transaction fee is really expensive.

[bountylayomi]

Well, as at the time of replying this post, the market is really on the bulling side as $BTC have seen above $16k today. I'm so excited that I'm a benefactor on it and as well as on https://bluzelle.com, $BLZ which I stock during the bear markets.

[firmino10]

We have no clue. We can't see the future however did we additionally observe the conceivable recovery after this? Everybody is bringing up the dump yet doesn't discuss its likely recovery.

What's more, if not, you don't look to the pinnacle that it made and that could be the ceiling and we're going to see a greater correction this time. Obviously, in the event that you see it dump, follow up on it, and purchase.

[pedrillo0]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

At the end of the year it is highly unlikely to see a bear market.

People are when they have more money to invest ...

Besides that we are already reaching crypto spring ...

[krisnajsadrak]

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

crypto market run on positive movements my friend, but remember market will not always going up or going down
i think the corrections coming to crypto market now, just find a good buy zone to increase our assets before the rally continues

[Octular]

Paylpal entering the market an Union pay I would say are huge drivers.

Biggest things I've seen in terms of mass adoption

[peter0425]

Paylpal entering the market an Union pay I would say are huge drivers.

Biggest things I've seen in terms of mass adoption

Things that we must be thankful now since PayPal adoption is been in the list to be happening and now here it is,So we may have other option now as PayPal is letting us also hold our crypto Like any exchange or wallets.
This will favor those Paypal users and also those who will be using the service for their business.

[disconnectme]

One thing I can say is that Bitcoin is entering a stage where the price won't go below $10k again unless there is a serious bug in the chain or Satoshi decided to dump all his Bitcoins. Market do not move in straight line, up and down and when price goes up it will surely correct what we saw with the September dump was corrections and it seems it is over now

[ekeh]

The coinmarketcap, where bitcoin, ethereum and many other alt-coin are listed, they really bullish with
 green color, which can not be predicted by actual amount price for a particular time.

[arufox]

Crypto is getting harder to predict now

So do you think was crypto is easy to predict??, Even before august, there is no people can predict crypto for easy. The price all about demand and supply. I'm not surprised about the market condition, because I know that cryptocurrency is unpredictable. If you think people easy to predict the market condition they will rich for sure

[trauchot]

As you can see, the cryptocurrency market is still growing and many top cryptocurrencies are also growing in price, and over this whole year many cryptocurrencies have grown very much in price and it was possible to make very good money on this, also 2020 is not over yet and most likely the cryptocurrency market will continue to grow until the end of 2020.

[icekohl]

Paypal allows buying BTC, while increasing the buying limit of BTC to $20k/week. So I think the amount of money flowing into the crypto market in the next months will increase even more.

[tuchenvi]

as for me, market is stabilizing now - ieo and ico period turned down and defi as much more credible and transparent concept came out. i strongly believe that decentralized technologies will bring the cryptomarket much more trust and stability in 2021

[DrBeer]

The expected process is taking place on the market, which is typical of any speculative market - another market swing, another wave of controlled growth, for the withdrawal of "excess assets" from the crowd. It will continue until approximately 1-2 quarters of 2021, after which there will be another drawdown, similar to 2018. Then everything will be repeated many more times. This will continue until the cryptocurrency ceases to be a speculative asset, but becomes an entity with real value and demand in the real market.

[Indiana1990]

as for me, market is stabilizing now - ieo and ico period turned down and defi as much more credible and transparent concept came out. i strongly believe that decentralized technologies will bring the cryptomarket much more trust and stability in 2021

totally agree with you, i'm also believe in defi, it's more credible concept than ieo and ico. i prefer to invest in dex-es, i believe they will be next to centralized exchanges

[tuchenvi]

as for me, market is stabilizing now - ieo and ico period turned down and defi as much more credible and transparent concept came out. i strongly believe that decentralized technologies will bring the cryptomarket much more trust and stability in 2021

totally agree with you, i'm also believe in defi, it's more credible concept than ieo and ico. i prefer to invest in dex-es, i believe they will be next to centralized exchanges

yeah it's a most common thoughts in the market; i also check newcoming dex-es with good

[bitterguy28]

Crypto is getting harder to predict now,

Nope Bitcoin is hard to predict eversince and will remain as that forever ,This is a volatile market and the value will move depend on supply and demand so expect this .

 in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?

You're just being paranoid  , but surely you are holding no bitcoin ,because if does you'll be more precise and trusting the coin.

Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

DeFi Shit , This is the reason why you are acting like that because you are trusting Shitcoins.