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Author Topic: Is this the end of the bull market of crypto?  (Read 836 times)
LittlePrinceCat (OP)
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May 19, 2021, 03:33:35 AM
 #41

This is not the end.

I think the current corrections are still in a normal stage, especially since the end of last year we didn't see the big market correction.

Now is the discount period, don't miss the opportunity to buy more of your favorite coins!

That's what they say before its got too late to sell their coins.  Grin 

There are some analysts that the market had just cycled just like March 2020 where it goes low and then bounces again gradually as it always does. The shift to altcoins is very much evident as BTC goes down, some altcoins are not. This is very unusual, it doesn't happen very often in the market.

What happened in March 2020? I had not entered the crypto market that time. Could you tell me more about that? Please...
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May 19, 2021, 05:49:31 AM
 #42

Why all crypto are dropping these days? Will crypto pump again? Or that’s the end of the bull market of crypto ?
We cannot blame people for making it a big deal or for talking so much about it, we know how bad the continuous dump that occured last 2018 was. We have the freedom to choose and believe that the bull run has already ended or stay up with our faith on bitcoin that it is just a normal correction. If we want to sell, we can but we should set ourselves ready for the regrets that may come forth as the value recovers again or we can also keep on holding and be ready for regrets also as the value goes down hard on this correction we are calling.
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May 19, 2021, 05:33:04 PM
 #43

Why all crypto are dropping these days? Will crypto pump again? Or that’s the end of the bull market of crypto ?

The bull is not death yet. Look at btc price year on year, at this price we already up 4x. And this dump is healthy for the market. Bitcoin move from weak hand to stronger hand and believer. After its dump to $30k and now it is at $38k-$45k teritory again. Congratulation for whoever hold the dump.
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May 19, 2021, 05:46:56 PM
 #44

Why all crypto are dropping these days? Will crypto pump again? Or that’s the end of the bull market of crypto ?
Personally, I hope not, but if this is the end of the current crypto bull market, then goodbye all, see ya all in 3 years from now  Grin.
On a lighter mood, I feel this is just a major correction, so dont panic mate, your bull will be back soon, this correction is long over due if am asked, we are likely to see bitcoin go below or stay a little above 20k$, and when the correction is over, am expecting bitcoin to fly to above 100k$ before the year 2021 ends.
But then this is just a prediction, one can never be 100 percent sure, as a matter of fact, we might have even entered a bear market season, but which ever it is, bear or bull, let's just keep supporting and making money with crypto.

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May 19, 2021, 05:59:38 PM
 #45

There was a break that we haven't seen for a long time. I hope you haven't lost a lot of money. I think the decline will continue. However, everyone has their own decision, of course.

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May 20, 2021, 10:07:37 AM
 #46

Why all crypto are dropping these days? Will crypto pump again? Or that’s the end of the bull market of crypto ?

Right now is pretty bad situation for crypto, but I am so sure crypto will pump up again, bitcoin and also altcoins.. however I do not know when will it pump up, lets hope the bull run will come again soon.

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May 20, 2021, 11:01:02 AM
 #47

Why all crypto are dropping these days? Will crypto pump again? Or that’s the end of the bull market of crypto ?
Well crypto is always unstable and it is already been expected that it will go dump after the huge pump and after the dump it will pump again, something like this situation is not new to everybody that is why people who already know what crypto is will never be panic on this dump situation, So I think being afraid on the dump situation will not help us dump is not forever we are going to hold we cannot loss profit but if we sell our holding with loss then we consider that is already a loss.
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May 20, 2021, 12:54:47 PM
 #48

If you're new to this, you should take a look at the previous market cycle. Be prepared for something more extreme, such as -90% drop from ATH or something similar. Crypto is a wild west, retail is a small player. Whales and institutions are playing their own game to get richer every day.
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May 21, 2021, 07:00:08 AM
 #49

What happened in March 2020? I had not entered the crypto market that time. Could you tell me more about that? Please...
As far as i know, covid was making lots of crypto users think crypto will be doomed like the stock market. People had been feeling fearful at that time. That was creating the same dump as this time. The dump is not a new thing in crypto.
you can also browse some news about that. there are lots of articles related to the big dump that happened with crypto in March last year.


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May 21, 2021, 09:55:47 AM
 #50

We do not know how the market will continue for now. There have been many new participants over the past years, among them institutional investors. Marcetpcap value and volume is very high compared to previous years. But for a lot of altcoins, I think the bull season is over.
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May 21, 2021, 12:39:01 PM
 #51

No, defi round 3 is still coming this summer.  If you ask what defi is lacks of now is more convenient ways to trade fuel like oil, gas etc. And it seems guys in @PetroSwap also noticed that and launching the project to allow that
https://medium.com/petro-swap/petro-bringing-fuel-trading-to-defi-48c4cb5b3652
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May 21, 2021, 01:52:31 PM
 #52

We do not know how the market will continue for now. There have been many new participants over the past years, among them institutional investors. Marcetpcap value and volume is very high compared to previous years. But for a lot of altcoins, I think the bull season is over.

Right now it's struggling but I don't think it's the end of the bull run a month ago the community is having high hopes that it will eventually reach the $100k mark, we should not give up the fight that we have seen right now is a dip, it's an opportunity to make a profit, we have seen this cycle so many times in the past yet so many us here still having a hard time to break their bad habit of dumping when there are bad news coming.

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May 21, 2021, 02:23:05 PM
 #53

It caused by the various reason. The announcement that created by elon

Elon tweets just served as a catalyst as there's more to the dump currently experienced by the market. Lets not forget the fud are back, already the media has began spreading the various negative news coming from India and other regions in regards to ban on cryptocurency related activities like banning service providers from accepting it as a payment option.

Will this dump mark the end of the bull seasiny, I don't that. This is merely a correction and you can see the market already responding positively as new money are pouring in from investors both retail and institutional investors securing their buy spot on the market.

Best you can do now is invest more if you have spare fiats but if your coins were caught in the dump, just keep holding as within the shortest time possible the market will recover.

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May 21, 2021, 04:08:51 PM
 #54

Why all crypto are dropping these days? Will crypto pump again? Or that’s the end of the bull market of crypto ?

beside the twit from elon musk about bitcoin, i think this is the main reason why crypto market crash now
https://www.reuters.com/technology/chinese-financial-payment-bodies-barred-cryptocurrency-business-2021-05-18

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carlisle1
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May 21, 2021, 04:31:15 PM
 #55

We do not know how the market will continue for now. There have been many new participants over the past years, among them institutional investors. Marcetpcap value and volume is very high compared to previous years. But for a lot of altcoins, I think the bull season is over.

The season for alts are being affected  it's just a short ride for those newcomers who invest their money to certain assets aside from bitcoin.
As we see, the current market is falling and those who bough from the peak are not losing portions of their investment, we can't conclude if the market
already welcoming the bear but if this current run continue to feel the pressure from those sellers who can' hold for much longer, it's unavoidable to see that the switch between seasons is here.
LittlePrinceCat (OP)
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May 21, 2021, 04:58:02 PM
 #56

No, defi round 3 is still coming this summer.  If you ask what defi is lacks of now is more convenient ways to trade fuel like oil, gas etc. And it seems guys in @PetroSwap also noticed that and launching the project to allow that
https://medium.com/petro-swap/petro-bringing-fuel-trading-to-defi-48c4cb5b3652
Does it mean that it’s a good time to buy uniswap?
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May 21, 2021, 08:25:45 PM
 #57

  BTC will settle into a range where nothing coming out of China will effect it with the exception of to the upside, it will just trade as though China doesn't exist.
My guess is 31k to 35k range trading
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May 21, 2021, 11:15:01 PM
 #58

We do not know how the market will continue for now. There have been many new participants over the past years, among them institutional investors. Marcetpcap value and volume is very high compared to previous years. But for a lot of altcoins, I think the bull season is over.
Bullishness in altcoins ends when Bitcoin is bearish...

the majority of altcoins still rely on Bitcoin as their reference price, look at how the crypto market was 'red' when the price of Bitcoin was corrected down in the last few days. But don't worry, the bearish market will definitely end.

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TastyChillySauce00
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May 22, 2021, 04:22:06 AM
 #59

Probably just gonna stay around 50% of ATH and I honestly think it's the bottom of this dip, many people actually already trying to make buy order at around $30K below so i'm expecting it won't fall below that
but alt on the other hand gets really impacted by the dip that even meme coin could go down as much as 95% but BTC and ETH definitely gonna recover, maybe in next few months when the fud already gone, curently the price heavily affected by the fud from
either government or institutional investor even elon.

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May 23, 2021, 03:25:49 PM
 #60

Has it ever happened before?
It has already happened a few years and i suggest you to take a look at the all time chart of bitcoin. You will see the samre chart like this time.
The bitcoin has ever plunged so hard to the bottom in a short time but it may take months to go back again.
Bitcoin is a coin that will be determining the trend of crypto.
Bitcoin bull = alt bull, Bitcoin bear = altcoin bear

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