Current market conditions

[ololajulo]

Personally I am surprised with the market turnaround today as against the usual trend. Generally this month has been good for cryptocurrency and this is a pointer to next year being a more profitable year with a mix of declination. As it is now, would you suggest that we will end the year in green or we have more pull backs.?
Share your opinions.

For me, we are gonna end this year in green and probably, more green to come before the middle of next year.. Btc is now more popular than ever.

From October, bitcoin made 2x of its price and keep going up. Analyst believe the retail investors had taken over from the institutional investors and they keep buying but more on exchanges than the OTC  which give any immediate price movement. However, most purchase is kept on exchanges which I dont know what the plan will be for that. Some believe the purchase is getting weak with size purchase and could end in push back very soon

[JahriMeayer]

Only few days are remain for end the year.and Bear is already hitting altcoins market, as a result most of altcoins are bleeding hardly.although surprising bitcoin going forward, which indicate positive sign of bitcoin, it may green at the end of this year but I doubt, altcoins market will dump more & we are going to see  more pull backs in altcoins market.think deep before take any step for your currency

[ardentvolcanoes]

New money started to come to the market. They were needed like oxygen. Altcoins should follow the bitcoin. The main thing is to get out on time

You need to learn this in order to earn from this venue of investment, knowing when to ride the right time and quit to collect your profits.

It's not easy but it's very doable, there are many ways that you can follow just make sure to adjust and keep following the market. Do your

research always to avoid making wrong position.

[ScamViruS]

Only few days are remain for end the year.and Bear is already hitting altcoins market, as a result most of altcoins are bleeding hardly.although surprising bitcoin going forward, which indicate positive sign of bitcoin, it may green at the end of this year but I doubt, altcoins market will dump more & we are going to see  more pull backs in altcoins market.think deep before take any step for your currency

The Altcoin market is now bleeding due to the rise of Bitcoin. It is difficult to say how far this rise of Bitcoin will go, as new Aths are being created every day. So traders are not paying attention to the altcoin market now. However, I think when the bitcoin market will be somewhat stable, some changes may be seen in the altcoin market. The altcoin market will continue to bleed until the rise of Bitcoin price stable.

[kpierce77]

New money started to come to the market. They were needed like oxygen. Altcoins should follow the bitcoin. The main thing is to get out on time

That's right, a lot of people have been flocking to buy bitcoin in recent days. I just think that there is always a market cycle where the price will start to subside again under certain circumstances or at a certain time (although we can't predict it). we can see when bitcoin was $20k in 2017, no one thought bitcoin would drop to $4k. the same at the current state, maybe the trend factor will affect the most, when the big parties start using it, people will follow it and the price will go up

[hannahB4]

This year will end in green flag for crypto market in this year 2020, no turning backward this is how we are matching into 2021 with the price going higher and higher and people investing more and more in the market

[ChrisPop]

Bitcoin will probably end the year either in a pump or more likely in a consolidation stage.
Regarding the altcoins, I think they will keep going down against satoshis but maintain or even increase their value in $$. Simply due to inflation everything should go up against the dollar.

[gaston castano]

if indeed market conditions are like this, there is a possibility that BTC will dominate even higher, we know that if btc goes up then the altcoins will be stable and possibly not moving at all.but it could be different now.
where when BTC goes up, it's possible that altcoins will also go up, and don't really depend on the increase in the price of btc.

[molsewid]

I believe that we are going to end market even with more ath of cryptocurrency.till yesterday, i wasn't sure about what may happened at the end of the year but today bitcoin about to hit almost $27k, which makes me surprise.even market is still bullish for cryptocurrency. i think this crypto industry will going to surprise us again by raise more with a fews day. Although every currency aren't going to follow the same pattern

It is very hard to conclude if bitcoin will stay, or will go above or below on its current $26K price because we are not so sure if bitcoin will show the same thing that happened in the year 2017 that bitcoin had make a sudden decrease on its price after it reaches its new ATH, and it also affected the whole crypto market. So I think we should just wait and see, what will happen next year of 2021 about bitcoin's next move.

What was i am really thinking of right now. I just couldn't figured out what will be the next status of crypto market after these year ends. We only have 3 days left to observe a cryptomarket and lets see if it would break outs or not. But i am hoping that the crypto market will still be good by next year.

market conditions are quite good, all green coins. I made a lot of profit on this bull run. but one thing that really disappointed me was Ripple. because of their case, XRP is no longer profitable for the bullrun this time. the price stopped rising.

apart from XRP, I am very happy with the current conditions. bitcoin and altcoin can go hand in hand. this makes trading fun.

A all set kind of market that was a sweet candy at the eye of the crypto trader and users. And its a good thing to know that there have also some who made a profit from these current good market of bitcoin like mine. I'd still looking for a more greener market of crypto by next year.

[Dollar_Hunter]

if indeed market conditions are like this, there is a possibility that BTC will dominate even higher, we know that if btc goes up then the altcoins will be stable and possibly not moving at all.but it could be different now.
where when BTC goes up, it's possible that altcoins will also go up, and don't really depend on the increase in the price of btc.

By looking at the conditions so far, it is likely that the price of bitcoin will continue to rise and that is certainly a good thing,
I myself am quite optimistic that in 2021 the trend of bitcoin is increasing and if this really happens, hopefully it will also be accompanied by an increase in altcoins

[lixer]

I believe crypto market is at a great situation right now, both great for buying right now, and both great for people who bought earlier as well, this is why I believe it is looking great for now. I think it is going to be pretty decent for a while as well. I have to say I wasn't expecting this much of a big increase neither, I did expected a bit of increase, but let me tell you how much I was wrong .

I bought bitcoin at around 6-7k and expected it to go towards 13k, that was really my goal here, glad I didn't end up selling at that price but I have to say I am itching to sell right now to say the least. I will just put a stop loss at around 20k for bitcoin, and I have a stop loss for 400 dollars for ETH so those look great so far, I do not have any stop loss for other altcoins because if I can get this kind of profit from both BTC and ETH that is more than enough for covering others losses all the way to zero.

[smoolae]

Current conditions are very promising.

We have had BTC at its all time high with institutions investing in it and have said that ETH is probably next where institutions will throw some money at.

Alts will follow the overall condition of market and right now the condition looks indeed promising.

[Yamifoud]

Now, we have to realize that everything can be possible here in crypto, specifically for Bitcoin. Aren't we are thinking that $25k is possible but most of us are just saying we just end up this year at $20k. yeah, we are hitting for another ATH in Bitcoin but wondering how it happens to altcoins since they don't have such a peak unlike what happens last 2017. ETH price got into $1000 (correct me if I'm wrong) but this bullish time, it is really hard to make that reach, and seeing less growth happening to the rest of altcoins.

[Yatsan]

We are just heading into year 2021 few days right now and as of the moment, the market is still in a good condition meaning on the green side although there are ups and downs happening which is already common, and I do think that yes we are heading forward to face the upcoming year with a green market on our side. The current market condition is still looking good if you will just check it out seems nothing to be worried about at this point of time so we just have to seize the moment and just focus on what is currently infront of us. Just hope that this can last up until next year and will not turn out to be a bubble. We just need to be optimistic that this good situation will continue and will benefit all of us not just this year but as well as for the upcoming years ahead of us.

[newdevices]

Personally I am surprised with the market turnaround today as against the usual trend. Generally this month has been good for cryptocurrency and this is a pointer to next year being a more profitable year with a mix of declination. As it is now, would you suggest that we will end the year in green or we have more pull backs.?
Share your opinions.

This year will be closed happily, because the price of bitcoin and crypto market cap has reached a new all time high,
so this causes market conditions this time to be very bullish, but for altcoins are still waiting to be in the bullish zone,
just hold altcoins and don't sell your altcoins cheap.

[Hamphser]

Personally I am surprised with the market turnaround today as against the usual trend. Generally this month has been good for cryptocurrency and this is a pointer to next year being a more profitable year with a mix of declination. As it is now, would you suggest that we will end the year in green or we have more pull backs.?
Share your opinions.

This year will be closed happily, because the price of bitcoin and crypto market cap has reached a new all time high,
so this causes market conditions this time to be very bullish, but for altcoins are still waiting to be in the bullish zone,
just hold altcoins and don't sell your altcoins cheap.

Basing on the current condition of the market then we cant really deny that this is a good one compared into those couple years that we have in the past.
Previous all time high had been broken and  able to reach new heights even though alts didnt able to ride but still they do have chance to have some good run.
For now, people had been focusing in bitcoin at the moment where pulling out their alt investment and switch to bitcoin specially now it is having some rally.
But we shouldnt really remove into our minds about the probabilities of bearish market, sooner or later it will surely happen.

[motun01]

i will advise that you study the concept of market structure in analyzing financial markets
it applies in the same way to cryptocurrencies , stocks, commodities and every other financial market.
if you have this knowledge then you will know that it is not every time that the market will pump up continuously, and that is because even in a bullish market there will be occasional drawbacks for the price to gather momentum before the next push

drawbacks are perfectly normal, you should be analyzing the market for more entry opportunities once the draw back is over.

[maximumcoin]

Personally I am surprised with the market turnaround today as against the usual trend. Generally this month has been good for cryptocurrency and this is a pointer to next year being a more profitable year with a mix of declination. As it is now, would you suggest that we will end the year in green or we have more pull backs.?
Share your opinions.

All are just the starting of growth season, maybe its circle is one or two years. If you look back in the past, you can see when the Bitcoin start to grow strongly, all market will go forward after. Let's research right now and find out your right investing portfolio.

[raidarksword]

The market of this month has been awesome and we had witness great price surge of bitcoin and currently set the price to all time high before end of the year. For sure this will not be the end of surprise hence new year is nearly approaching, we could expect another breakthrough and mass adoption of bitcoin.

[coin_1122]

we can be more confident and optimistic that the upcoming 2021 will be good when Bitcoin shows no signs of stopping, so the crypto market is doing well and we can count on the end of 2020 to be good. when Bitcoin is moving to $30,000.

Everyone is predicting the price of Bitcoin will be more than $30k but seems to be very close to that one, most of the people are expecting the price of Bitcoin should be stable otherwise, it is impossible for the altcoins to recover their prices because every day we are seeing new coins are launching daily this makes most of the active development coins are losing their value.