What Is Really Happening To The Market?

[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.