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Author Topic: The cryptocurrency market is nearing the end of a bullish market?  (Read 317 times)
Anonylz
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May 18, 2021, 02:29:37 PM
 #21

I personally believe that the Cryptocurrency market is nearing the end of the current bull market with most likely the end will occur at the end of the year. As such, there is a lot of hype and stupid money entering the market from retail investors who have absolutely no clue about what they are actually buying. They are new to Crypto and just follow the Fomo crowd. There may be money to be made in the meantime, but for seasoned veterans who have been through this cycle, it is likely to end up in tears for the vast majority of people who aren't smart enough to know when to get out before losing it all is at excessive risk.

What do you think and What do you expect to happen in the near future for Cryptocurrency?

Since you already figure it out and very sure then why asking what will happen in the near future! this bear market came unexpected (although most bear market don't exactly give any notice) but it seems the Elon tweets help to fasten and even aggravate it a bit, am not an analyst so i can't say for certain if the bull market has end or near end, i guess we just have to wait and find out.

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May 18, 2021, 02:38:37 PM
 #22

The cryptocurrency market is currently very unhealthy and scary. They show some positive graphics and then lower the market again.
I think we shouldn't be making investments in a hurry these days. I think the bull market is not over yet, but this correction will take a little longer  Undecided

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June 12, 2021, 11:30:56 AM
 #23

I think so, cryptocurrencies market can be changing its trend in the end of this year or in the beginning of next year. My scenario is the market will continously for bull run until the total marketcap reached about $4-$5 trillion and BTC hit $above $100k. Then we will see bearish season again just like on 2018.

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June 12, 2021, 06:32:23 PM
 #24

Even if the cryptocurrency market bullish will end soon, I think the bull trend will come again, whether it will come in the next months or years. It is always like that and I think that is a cycle in the crypto market. If you think that the crypto market will face a bear market, you can save your money and leave the market for a while until you are sure the price is at the bottom price. But I think it will not be easy to detect the bottom price as we do not know how deep the price will be.

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June 12, 2021, 07:13:07 PM
 #25

Yeah, it seems like we are getting nearer to the end every day. Because for example, Bitcoin price is still having big problems on even reaching a level over 40k dollars now. This is like a period of recession.

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June 12, 2021, 07:20:22 PM
 #26

Well most of them you're pointing at are just like brand new people in here. You can't blame it.
It is like going to stock market and not knowing what all the acronyms of the establishment to buy stocks at mean.
Many are driven by the news already, and you should get used to those kind of people already.
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June 12, 2021, 10:59:48 PM
 #27

Well the crypto maeket is still in a bullish trend base on long term factors or lemme say it's still going to go up but the market needs to retrace for a while for it to gain momentum to continue it bullish trend.

Like we all know that the market would never continue it current trend without retracing which is a must that will still continue happening. This is just an obvious rule of trading  but it's just unfortunate that many traders including investors are not aware of this forces that is pulling the market.

I believe the market is still going to fall below 30k before continuing it upward trend.

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June 12, 2021, 11:16:10 PM
 #28

Today itself is still in the bullish season. But the market crashed and experience this current market situation, full of the crash almost every day. Many FUD are here to make many more people panic and then sell their coins. And this really works.
However, if it is already in a certain market, and we don't know what should do, just ensure yourself to be more and more ready with all market situation, but crash or even rise up. And after the end of the bearish market, there will be a very long wait task to wait for the market to get bullish again.
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June 12, 2021, 11:16:53 PM
 #29

it's still not detected that this is the end of the bull market, maybe there will be 1 more year for the bull market to run,
let's see how the bitcoin price reacts until the end of this year, if bitcoin is able to be above $100k then next year is a bear market,
but if year-end bitcoin is still at $30k to $50k, so this is an accumulation cycle
Here, we should stay in positive. I guess there is still lots of room to go, why would anybody want the bear market which can last for months or years. The whole world can predict, which doesn't make anything. It's not bear market yet, it's perfect time to accumulate. That's what the indicators are telling.

Don't panic seeing the current market conditions, I agree that we must always think positively. In order to give us the strength to face all of this,
why do we say now the crypto market is going to a bear market. Even though I think the current price is still quite high when compared to the previous
year's price. So there is still a wide opportunity for the market to recover, now our patience is being tested. So we have to believe in the coins of
our choice, I myself still hold Bitcoin and several altcoins that I consider potential. Because I am still optimistic that we are still in a bull market.

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June 12, 2021, 11:17:42 PM
 #30

Well the crypto maeket is still in a bullish trend base on long term factors or lemme say it's still going to go up but the market needs to retrace for a while for it to gain momentum to continue it bullish trend.

Like we all know that the market would never continue it current trend without retracing which is a must that will still continue happening. This is just an obvious rule of trading  but it's just unfortunate that many traders including investors are not aware of this forces that is pulling the market.

I believe the market is still going to fall below 30k before continuing it upward trend.

And also, no one can actually determine about the bullish and bearish season. Sometimes, it depends on someone's point of view or where we are comparing it from. Because if we are comparing the price of today vs last year, you can very well say, we are still in bullish season. But of course, if you are comparing it with the ATH of about 64k, we can say we are in the bearish season. So it is a matter of perspectives here. But looking at the current market, we are still doing good, as btc is still in the 35k level.
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June 12, 2021, 11:25:09 PM
 #31


What do you think and What do you expect to happen in the near future for Cryptocurrency?
I feel excited!
yeah, I was still thinking positive despite the market crash...we have this drop today but it gonna be over soon. And besides, we have been through these struggles before, and we still able to survive. This is because people are also not get affected by the FUDS, negative news as their faith and trust remain. This what exactly we needed for...
What we have to do is to understand the market situation, we don't need to ask why and why because this is really be happening whether we like it or not.



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June 12, 2021, 11:40:29 PM
 #32

Actually, no one really knows it is the end of bullish or not. I think there is still a chance for this market to improve again in Q3 or Q4 of this year. I admit if the current dump is quite massive and the crypto market is likely hard to recover it. But this is a crypto market, sometimes it can surprise us, so we cannot claim if the bullish is already almost over.

I heard rumors if the current dump is just manipulation by big players or whales. Some people even believe that we surely will see a big pump again in the next few months. So, they suggest us to keep holding and not be panic.

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aprilnot
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June 13, 2021, 02:15:45 AM
 #33


What do you think and What do you expect to happen in the near future for Cryptocurrency?
I also think the market has entered the end of a bullish trend. I believe this is because bitcoin and other big coins have not shown any signs of recovery to date. My worries have only increased with the amount of bad news these past few weeks. and my hope for the near future or even in the future is, I hope the market crash is not too severe. I hope the price doesn't go back to before the bull market started. if that happens I'm afraid the crypto market won't have the strength to bounce back.

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June 13, 2021, 03:56:28 AM
 #34

It's clearly seen that the bull run didn't even run up to a year, so bad! The past bull runs ran for a full year, so this is more reason I think the bull run hasn't ended yet, the dump we saw was caused by FUD being spread which affected the price  massively causing a downtrend. So for me I could possibly say we will still witness the bull season this year, it might not just come suddenly but will surely come once the FUD in the market is cleared out we will start seeing  a massive pump in market prices, so let's just be patient with the market.

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June 13, 2021, 04:12:58 AM
 #35

I personally believe that the Cryptocurrency market is nearing the end of the current bull market with most likely the end will occur at the end of the year. As such, there is a lot of hype and stupid money entering the market from retail investors who have absolutely no clue about what they are actually buying. They are new to Crypto and just follow the Fomo crowd. There may be money to be made in the meantime, but for seasoned veterans who have been through this cycle, it is likely to end up in tears for the vast majority of people who aren't smart enough to know when to get out before losing it all is at excessive risk.

What do you think and What do you expect to happen in the near future for Cryptocurrency?

The Cryptocurrency future is ok and getting better, investors will mature, Elon Musk is one example of a guy who disrupt the market and investors will eventually mature and only support projects that's worth supporting and not because Elon buys and shill one meme coin, for the market to get better the community should come out with good logic and invest on the right project.
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June 13, 2021, 06:54:33 AM
 #36

signs that the bull market is starting to end, the amount of fud is starting to make the price fall further with the average price continuing to fall, making bitcoin more directed towards the bears market and that has happened over and over again until now you can see how the market tends to be sideways, it's not easy to read the chart Currently, because the market is classified as unbalanced, buyers are still waiting for the lowest price, bad news issues continue to emerge to shake bitcoin's dominance.


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ethereumhunter
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June 13, 2021, 11:33:23 AM
 #37

I personally believe that the Cryptocurrency market is nearing the end of the current bull market with most likely the end will occur at the end of the year. As such, there is a lot of hype and stupid money entering the market from retail investors who have absolutely no clue about what they are actually buying. They are new to Crypto and just follow the Fomo crowd. There may be money to be made in the meantime, but for seasoned veterans who have been through this cycle, it is likely to end up in tears for the vast majority of people who aren't smart enough to know when to get out before losing it all is at excessive risk.

What do you think and What do you expect to happen in the near future for Cryptocurrency?
It could be, but we can be sure about that. Maybe this is the correction phase with a sideways that happen to the market. Maybe this trend is triggered by new people in crypto who do not know much about crypto and are afraid if the price goes down too deep. So they sell their coins at once and waiting for the next lower price to buy them back. But we really do not know what will happen in the near, but if the bull trend is the end and the bear trend comes, we need to prepare our money to buy more at a low price.

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leatutz
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June 13, 2021, 12:55:46 PM
Last edit: June 13, 2021, 01:32:42 PM by leatutz
 #38

I personally believe that the Cryptocurrency market is nearing the end of the current bull market with most likely the end will occur at the end of the year. As such, there is a lot of hype and stupid money entering the market from retail investors who have absolutely no clue about what they are actually buying. They are new to Crypto and just follow the Fomo crowd. There may be money to be made in the meantime, but for seasoned veterans who have been through this cycle, it is likely to end up in tears for the vast majority of people who aren't smart enough to know when to get out before losing it all is at excessive risk.

What do you think and What do you expect to happen in the near future for Cryptocurrency?
If I do predict about our profit, none of us will get the highest profit. What I mean is that none of us know the proper time to get out. I expected that bitcoin wouldn't dip below 30k USD. Bitcoin prices didn't fall by the huge rate, so you can't predict this is the last stage of bullrun. If you think this is the stage, then you should already take the profit.
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June 13, 2021, 03:28:12 PM
 #39

It doesn't matter if bullish will end in the market because that's part of the cycle,  indeed it's a good opportunity again because soon when it reached the real support during bearish surely we can avail a very low price to invest.
And lastly don't think market will die because to be honest market now is getting stronger despite of some manipulation as its showing strong support everytime when it fluctuate , so if i were you jus t focus to accumulate instead while you have so much time to don't miss the next big wave.  Don't worry about the current and focus for the future.
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June 13, 2021, 04:23:22 PM
 #40

Bulls and bears are part of crypto and will always be, although it always feels awful whenever we are approaching bear market because your investment will drop alot, i.e if you are holding any assets when the bear arrives, but on the other hand, it gives an opportunity for new investors to buy and also for old investors to buy at low price, bear market has its good side and bad side, only smart people knows how to take advantage of it.

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