Upcoming Market Prediction (Market heading for a great downfall)

[Armani123]

The analysts are overconfident that in the immediate months ahead, some of the most prominent  along with many other rising stocks in the market is going to face a downtrend enormously. Some of the prominent stocks are going to fall by more than 92%.

Do I believe them?
Yes, I do. When you look at the market performance of 2020 and past few months of 2021, the market trend has been very erratic. It has been very difficult to predict the trend. And despite the Corona Virus wave that has almost crippled the world's economy, cryptocurrency continues to soar in upward trend, ceaselessly, although erratically.

I believe that the market cannot go on continuously upward forever but it is bound to fall. I agree with the analysts that that downtrend is very likely to happen in immediate future.

So, I suggest that you limit your investments in cryptocurrency in the near future. Unless you are sure, don't make hugh investment. I am going to hold most of my stocks in Dollars and not in cryptocurrencies until I am sure that market is starting to rise after its downfall.

Armani123 (Viketo Sumi)

[jack05]

It's obvious that current market will be bearish after sometimes. It won't be surprising for us if we remain ready for it. But when bears will take over bulls nobody can say that with certanity, it can be month or year.

[arufox]

It's obvious that current market will be bearish after sometimes. It won't be surprising for us if we remain ready for it. But when bears will take over bulls nobody can say that with certanity, it can be month or year.

We are still in bullish trend, of course, the down price will coming, during this bullish season I see we meet lots of down tren but I never see happens for a month, realistic just for a week. So even for a month never, and you say year?? Bullish season still early bro, it makes no sense to say it will be for a year

[Poker Player]

The OP makes his assertions without substantiating them with any links or anything from those analysts he mentions. As has happened in other cases, the OP seems like someone who has a lot of opinions about cryptocurrencies but doesn't own many. 

I'm certainly not going to listen to him. I'll just keep holding.

[decodx]

It's obvious that current market will be bearish after sometimes. It won't be surprising for us if we remain ready for it. But when bears will take over bulls nobody can say that with certanity, it can be month or year.

We are still in bullish trend, of course, the down price will coming, during this bullish season I see we meet lots of down tren but I never see happens for a month, realistic just for a week. So even for a month never, and you say year?? Bullish season still early bro, it makes no sense to say it will be for a year

What I always like to suggest to this kind of nonsense written in OP: "Just zoom out!" 

[LogitechMouse]

Great Downfall?? with what you are saying, it looks like the market isn't experiencing big downfalls into the past to the point that you used the word "great" with it.

Downfalls are always happening with any market. It is only a matter of when it will happen. I don't want to spoil anybody but what I just want to say right now is just be aware in your crypto holdings. I know that the indicators are all bullish. The news are all bullish and all of the investors are bullish. What I'm trying to say is that there is a possibility that the $60,000 price "might" be the highest price Bitcoin can touch with this bull market unless there are some good news that are upcoming.

This bull run will end this year. Don't bash me its just what I'm feeling . I know that all of us are bullish but its also good to take some profits while in a bull run .

[Lucius]

The analysts are overconfident that in the immediate months ahead, some of the most prominent  along with many other rising stocks in the market is going to face a downtrend enormously. Some of the prominent stocks are going to fall by more than 92%.

Which analysts and which prominent stocks? There are various analysts and theorists who use the internet to present their ideas, but why should they be trusted if their analyses are nothing but mere speculations?

Do I believe them?
Yes, I do. When you look at the market performance of 2020 and past few months of 2021, the market trend has been very erratic. It has been very difficult to predict the trend. And despite the Corona Virus wave that has almost crippled the world's economy, cryptocurrency continues to soar in upward trend, ceaselessly, although erratically.

You may also believe that there is a Santa Claus and a tooth fairy, but that has nothing to do with reality. Don't portray a pandemic as something that has destroyed the world, nor will it destroy it in the future, things will get better this year - unless you believe in conspiracy theories that the vaccine is not really protection, but has some other purpose. If it has ever been easier to predict a trend then it is now, and even the birds on the branch know that the year after halving has always resulted in an incredible rise in the price of BTC.

I believe that the market cannot go on continuously upward forever but it is bound to fall. I agree with the analysts that that downtrend is very likely to happen in immediate future.

Well, of course the market can't go up all the time, but you're announcing a cataclysm based on nothing. What will happen, will World War III start or will we be attacked by aliens?

So, I suggest that you limit your investments in cryptocurrency in the near future. Unless you are sure, don't make hugh investment. I am going to hold most of my stocks in Dollars and not in cryptocurrencies until I am sure that market is starting to rise after its downfall.

In the same dollar that has been printed in the past year in an amount that is about 40% of what exists at all? People are looking for some kind of insurance from just such a policy of printing money, and you will keep your wealth in fiat?

[LUCKMCFLY]

The analysts are overconfident that in the immediate months ahead, some of the most prominent  along with many other rising stocks in the market is going to face a downtrend enormously. Some of the prominent stocks are going to fall by more than 92%.

Do I believe them?
Yes, I do. When you look at the market performance of 2020 and past few months of 2021, the market trend has been very erratic. It has been very difficult to predict the trend. And despite the Corona Virus wave that has almost crippled the world's economy, cryptocurrency continues to soar in upward trend, ceaselessly, although erratically.

I believe that the market cannot go on continuously upward forever but it is bound to fall. I agree with the analysts that that downtrend is very likely to happen in immediate future.

So, I suggest that you limit your investments in cryptocurrency in the near future. Unless you are sure, don't make hugh investment. I am going to hold most of my stocks in Dollars and not in cryptocurrencies until I am sure that market is starting to rise after its downfall.

Armani123 (Viketo Sumi)

At the market level, based on a stage, do you think we are experiencing the Distribution trend stage? How do you determine it? Under what parameters? I usually analyze the market with the Wyckoff theory and for the trend I do it with Elliot waves.

Sometimes I know that many follow intuition, which is not bad either, in Jesse Livermore's books he talks about intuition, many times in the market he managed to succeed going through thick and thin.

In the way he talks about world events, I capture a tone of fundamental analysis, the covid-19 has set a pattern in these times, despite the new vaccines the world has fallen into confinement again, perhaps this type of panic you may have made the correction there is now.

[dothebeats]

What comes up must go down. We all know that principle, although what we aren't sure about is when will all of it happen.

I'd like to know which stocks are greatly affected by this 'great downfall' and from which analysts were you getting all your information from. Perhaps they will be useful when I collate all the information in order to know my next move. I do agree that 2020 - 2021 has been pretty weird considering that the world is in turmoil and bitcoin is still killing it. Somewhere down the road, bitcoin will crash, and what I'm particularly interested in is when and what would be the indicators?

[DevilSlayer]

What comes up must go down. We all know that principle, although what we aren't sure about is when will all of it happen.

I'd like to know which stocks are greatly affected by this 'great downfall' and from which analysts were you getting all your information from. Perhaps they will be useful when I collate all the information in order to know my next move. I do agree that 2020 - 2021 has been pretty weird considering that the world is in turmoil and bitcoin is still killing it. Somewhere down the road, bitcoin will crash, and what I'm particularly interested in is when and what would be the indicators?

Bears will finally come no doubt about it, we seen a lot of big moves in the cryptocurrency market and it seems that the trend is finally ending. This bull market made a lot of people to earn huge amount of money but it is not always like this because price are also experiencing exhaustion. What happening right now is a pause and there is signals that there is now upcoming reversal that is most likely to happen. Many indicators also showing that most of the high market cap cryptocurrency are already telling us that it is already red flag. 

[thecodebear]

bullish

[DarkIT]

The price of bitcoin had reduced to 53k$ from the any time high of 60k$.So it may be reduced further.But can't rise to 60k$ again in a short period.It's better to hold your bitcoin at the moment. Because if the price reduced further, you can't handle to sell it.When the price is reduced don't forget to buy bitcoin at various less price.

[Ulven]

Indeed, this is the nature of the market. Sometimes we see an upward movement for a period of time, and then a downward path comes.
And I also think that we will not witness a sharp volatility in this bullish phase. Due to the great interest paid by major international companies to adopt Bitcoin!
 Perhaps the next decade will witness actual use of crypto!!

[SquallLeonhart]

Great Downfall?? with what you are saying, it looks like the market isn't experiencing big downfalls into the past to the point that you used the word "great" with it.

Downfalls are always happening with any market. It is only a matter of when it will happen. I don't want to spoil anybody but what I just want to say right now is just be aware in your crypto holdings. I know that the indicators are all bullish. The news are all bullish and all of the investors are bullish. What I'm trying to say is that there is a possibility that the $60,000 price "might" be the highest price Bitcoin can touch with this bull market unless there are some good news that are upcoming.

This bull run will end this year. Don't bash me its just what I'm feeling . I know that all of us are bullish but its also good to take some profits while in a bull run .

I do not really think that downfall would happen ever again. We could have some corrections or even a small crash, but I do not see 20k will be broken again, it will always stay above 20k, and I get that some people who bought from 60k would be very sad about what is going on right now, but that doesn't mean that it should be troublesome like right now, it will keep going up just the way it is for a long time.

Do not listen to people who keep calling for a crash, they want it, hell some need it, because that is how they see the market, but that is not going to happen, rest assured that we are going to end up with a better price even on top of this. ATH will be broken again, and 100k will eventually come, it may take the whole year, it may have some ups and downs but it will reach there. That is what I think will happen in the near future of one year.

[buwaytress]

Wait, so you're saying the overconfidence is warranted and they're actually right?

Also, you're more likely to have more followers and people agreeing, if you didn't actually advise to hold most of your investment in dollars. Even the people issuing the dollar know it's in for a long and painful period of inflation, and we all know what happens to its value when that happens. It's already happening as it is.

[pooya87]

many other rising stocks in the market is going to face a downtrend enormously. Some of the prominent stocks are going to fall by more than 92%.

This is a bitcoin forum and you are in the bitcoin speculation board not stock prediction board!
Not to mention that stock market movements has very little to no effect on bitcoin.

I believe that the market cannot go on continuously upward forever but it is bound to fall.

Nothing will go up forever but it will continue to grow as long as the adoption is growing and the adoption IS growing for bitcoin.

[Jating]

Thanks for your advice, but I'm sure that majority are all aware of

- Bitcoin can't go on parabolic rise

That is already a given fact, like in the first 3 months alone, we have seen it like fall in the mid 20% or more. So investors are really very careful, the best part is, with this every drop, your can invest, (just what you can afford to lose), and then wait for the bounce, rinse and repeat. However, I'm not expecting a imminent crash, just minor dip.

[slapper]

Sooner or later we have to witness the bloodbath. People are too confident in bitcoin and new investors keep coming and blindly input their money into the market. A huge drop enormously reshapes the emotion of investors which replaced confidence and greedy with fear and hopelessness.

Though, IMO, the bitcoin uptrend is still good enough to be maintained to at least next month.

As a crypto enthusiast, no matter how significant the drop can be, I will still believe in the future of blockchain and bitcoin. Surely they will change the world to new alteration. Many companies are integrating blockchain into their protocol and operation. Stock exchanges try to list bitcoin, ethereum, and other prominent cryptos on their market so as to have more profit. Banks of course are the most affected by the new change and if they do not make a move, their centralized system definitely is put in threats. Therefore, try to save some of your money for bitcoin but remember to buy on the dip, not buy on peak

[traderethereum]

The price of bitcoin had reduced to 53k$ from the any time high of 60k$.So it may be reduced further.But can't rise to 60k$ again in a short period.It's better to hold your bitcoin at the moment. Because if the price reduced further, you can't handle to sell it.When the price is reduced don't forget to buy bitcoin at various less price.

The price is up and down this week from $53k-$55k and then back to the lower price again.
I am sure the price will rise to $60k in the long term, but we should enjoy this ride and try to make a profit if we can.
I prefer to use this moment to buy and sell because I see the price gap is good to take profit, although the profit itself is not too big, but that is worth doing.
But you can still hold your bitcoin and enjoy the moment and hopefully, the price can back to up to $57k in the next month.

[darewaller]

Prominent stocks going down as much as 92% ? Are you serious? Even on pandemic period when everything crashed the price wasn't that low, even when there was a 2008 crisis things didn't went down that much. Hell a 40% drop means nearly bankruptcy for stocks. This is for sure a bad guess and it is not going to happen. Bitcoin will not change that much and stocks will not change that much, both of them will be as good as it gets.

I do believe that we are not going to see constant increases forever, eventually things will go down, but just because they will go down doesn't mean that it will happen right now and doesn't mean that it will be 92% neither, we are going to see better results for sure. I am not a financial analyst or financial advisor so take my words with a grain of salt, but I am pretty sure 92% fall on big stocks is as impossible as it gets without bankrupting.