Scenario of the crypto market in near future.

[Shikha99]

It's strange that we don't have topics about this week's market.

The capitalization has dropped below $2T, BTC price hit $40K and I know that many people's accounts are already half left. We've talked about market crashes this season, so let me be a little more specific about what's to come next.

1. About the news: there will be continuous negative news when bears are dominating;
2. About the recovery: in the worst case scenario, BTC will retrace to $58-60K and altcoins pumped quickly to reach a x10 index against BTC;
3. On the growth: if BTC can rebound strongly and make a new ATH at $67K, we will talk more about the future. I myself still believe more in this possibility, I believe that whales have not given up on the market and we can follow the PlanB model (standard & X).

You can continue to hold token and follow market. I believe the top of the market will still be November this year. If you sell tokens at the bottom, you accept failure & give up the opportunity. I just bought a few more top altcoins, great price!

What do you think about the market movements in the near future? Do you still believe in this market? Are you in the group of sellers in the past few days?

[richcorner100]

My scenario is this current dump only correction because the same situation have been happened when bull market started a few years ago. My prediction after this big dump, the market will sideaway for afew days / a week and then jump, and the trend will continue bullish. Not make sense to me, after 3 years in bearish season, the bull market only happening in afew month, my prediction the bullish market can be take longer for another 1 year.

[Jating]

No, I'm not part of the sellers in the past couple of days, still prefer to hold by BTC and not panic.

We will eventually bounce back, to 2 Trillion again, remember that it's not just crypto market that falter, other traditional markets as well. So meaning every investors are selling off right now. Indication that they are just waiting for everything to settle down a bit before re-investing.

So still, the future looks bright, and we should look for our crypto investment at least long term though, or at the end of the year price. Lots of things can influence the price in the next six months and I'm optimistic that we can see super fast rally again. And maybe that 6 digits for bitcoin is still achievable, base on PlanB S2F model.

And when bitcoin flourish, almost all altcoins follow, it's a domino effect.

[mobtc]

I think the current market is still very active，Although the currency price has not returned to its previous position, I believe that the currency price will definitely rise sharply in the near future.
I will always hold BTC and ETH, and I will sell them only when the price I want is reached.

[pakhitheboss]

We are in a bear market now and it was long awaited. It felt like 2018 and when suddenly the market crashed after Bitcoin reached a new ATH. It is very hard to predict what will happen next. A lot of the present market condition is because of negative news. One of them came from China.

I think the market will take time to recover and if you can then possibly increase your portfolio.

[tyz]

My scenario is this current dump only correction because the same situation have been happened when bull market started a few years ago. My prediction after this big dump, the market will sideaway for afew days / a week and then jump, and the trend will continue bullish. Not make sense to me, after 3 years in bearish season, the bull market only happening in afew month, my prediction the bullish market can be take longer for another 1 year.

No the situation is quite different from before. In the past, this drop would have been the beginning of a longer bear market. In the meantime, crypto has arrived in the financial world in such a way that large players who previously missed out on entering crypto have used the change to build up their first stakes. Therefore, this will not be the beginning of a bear market, but a healthy correction.

[cryptoaddictchie]

We are in a bear market now and it was long awaited. It felt like 2018 and when suddenly the market crashed after Bitcoin reached a new ATH. It is very hard to predict what will happen next. A lot of the present market condition is because of negative news.

Not sure if we are already at that phase. There are some grounds that can still be considered as Bill season. I know the bitcoin dominance is bearish but I think altcoin season is hitting up. As major players tend to shift to defi projects with stable income earnings and has more growth. I noticed it cause some projects weren't affected that much when bitcoin goes down that much. Sample of these are aave, matic, yfi and some major defi ones.

[int03h]

The market has fallen enough and the recovery is happening right now. I still have faith that the market will grow but slower than before. As a holder, I don't worry too much about my long-term investment. I think the value boom will happen again later this year or early 2022. We shouldn't be too worried, just hold and buy the dip.

[Kelvinid]

I see no big difference in the market and to think about in the near future, it is either be up or down. But I was in the confidence that Bitcoin will still be dominating the market, ETH price still high, and as well as BNB. There is a thing that I'm excited to hear is that the ETH gas fee will decrease. I don't think that it is impossible, maybe before this year ended, and able to see a huge change with this matter as it was the most concern of altcoins holders and traders.

[Fesatmas]

the development of a scenario that is very effective and has made traders suffer huge losses due to the actions of market investors who deliberately reduce prices in order to take advantage of the whales.

besides that DeFi is doing massive aggression with its great projects, without looking at market conditions, they are currently focusing on building breakthroughs so that the market can look to more increased DeFi projects.
So it's all about the game, and we shouldn't be far behind to beat the best in the crypto growth arena this year.

[Bilgent]

I'm not in the group of sellers, actually it is the opposite for me now. I bought more when the price went down below 40k dollars. I believe that the market will recover after not a very long time. We could see at least 60k dollars in a few months again in the worst case I think.

[makishart]

What do you think about the market movements in the near future? Do you still believe in this market? Are you in the group of sellers in the past few days?

Any technical analyzation will not work again for now. Elon slammed bitcoin again https://decrypt.co/71646/elon-musk-lightning-can-solve-bitcoins-scaling-problem
The market goes down almost 10% in a day. I have sold my asset at the peak price.
I can still believe in this market but too much FUD

[marcous]

I'm not in the group of sellers, actually it is the opposite for me now. I bought more when the price went down below 40k dollars. I believe that the market will recover after not a very long time. We could see at least 60k dollars in a few months again in the worst case I think.

Yes, I don't think so even though I haven't made a large number of purchases right now, but I also have a little faith in the market that it will soon recover and return to normal in the not too distant future, because now there are many people who like cryptocurrencies.

[Atang Sulaeman]

The best scenario is to always think clearly to buy when the price is down
and expect the price to rise again at a very profitable price.

[cabron]

The price will probably just swing around 30k-40k fof the next weeks to come before it could movd up again. This is going to pick up the momentum til the investors from other markets will see crypto market is preparing another bullcycle while the stocks aren't.
Its still gonna go up before this hear end. The bullrun will go on.

[michellee]

1. About the news: there will be continuous negative news when bears are dominating;

Even if the negative news will be continuous comes in many websites, that will not make bitcoin still going down because bitcoin will be back to the high price, which makes the negative news stop.

2. About the recovery: in the worst case scenario, BTC will retrace to $58-60K and altcoins pumped quickly to reach a x10 index against BTC;

Hopefully, that is what will happen to bitcoin price later. But it seems people are waiting for the altcoin pumped because they want to make a profit from the altcoin as the altcoin season can still coming.

3. On the growth: if BTC can rebound strongly and make a new ATH at $67K, we will talk more about the future. I myself still believe more in this possibility, I believe that whales have not given up on the market and we can follow the PlanB model (standard & X).

Yes, it is. Bitcoin still has a chance to rebound strongly and it will increase so high and the next thing is trying to break $64k so the price can still rise to the next high price.

What do you think about the market movements in the near future? Do you still believe in this market? Are you in the group of sellers in the past few days?

I still guessing about the market movements but I do not know what will happen to the market itself. It is better if we prepare ourselves for anything that can occur later to be ready with that. I still believe in the crypto market and this downtrend is just temporary and will not stay forever in the market. I am doing both as a buyer and sellers from a few days ago until now.

[shinratensei_]

The best scenario is to always think clearly to buy when the price is down
and expect the price to rise again at a very profitable price.

How can you expect the price to rise again when the market gets so much bad news like this time?
A few days ago china already announced the ban for crypto on its territory and this time china is also giving another bad announcement the ban on retail trading.
That gives a very bad impact on the price of bitcoin. It's not always about buying the dip to sell high. There are lots of considerations needed this time.

[Snorren]

I think we will have a proper "spring 2018" cleaning. In 2017 it was the ICO craze, this time it was NFT and meme coins, equally shit.
Still no one is using crypto for anything other than buying and selling crypto. Crypto is currently only solving problems experienced when using crypto.
In few years it will be different.

Sold all my large-mid caps alts 3 weeks ago for euro. I will buy btc when/if price goes below 15-20k, I'm not in a rush.

[worle1bm]

Whenever market is bearish and we witness dips, correction or even crash type of situation I don't panic at all and there's a reason for my calmness.I just remember the past time and think that we started from $0 and now we have reached at this price levels of $40-$60k range in just 12 years of time with $1 trillion market cap.Bitcoin always pays off to the hodlers if you have Faith on it and don't panic in these times.The whales are moving huge amounts in bitcoin by selling at peak and again investing at lowest point gaining profits and having more btc in wallets again.Just see price charts and you will know the market will surely go up.

[pawanjain]

Oh c'mon. I along with many others here have survived the 2018 crash. Now that was a bear market. This is still nothing compared to the 2018 crash when we compare the dump in %.
Bitcoin has fairly took it well and has recovered a little. At the point of writing this post the market is dumping again. Bitcoin is at $37k.

The history only proves one point that bitcoin recovers the price and makes a new ATH every time.
Many people are buying the dip this time though. So I am pretty positive that the market will recover soon.