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Author Topic: Scenario of the crypto market in near future.  (Read 797 times)
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May 21, 2021, 04:07:57 PM
 #21

It feels to me like the bear market is here, but honestly, if Bitcoin manages to stay around $40k, I think this is fantastic news. There are always some circumstances contributing to the bull market ending sooner rather than later, and this time these circumstances are Musk and China. However, something always happens and people start panic selling their coins (or genuinely feel like the price is enough for them to sell the coins and enjoy the profits). I think we might see a brief recovery to around $50k because a brief positive movement happened in 2018 as well, but I'm not expecting more than that out of the current situation.

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May 21, 2021, 04:08:06 PM
 #22

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.

the same scenarios over and over, if you trust this system then panicking won't come in your mind,

knowing that the chance of bouncing back and bring more decent value was always the case inside

this market, let the flow goes by and the naural growth be done, never to ride with those artificial '

movement it will lead you to lose your money.
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May 21, 2021, 04:20:02 PM
 #23

To believe completely I am not sure..because I do not know how the actual development,because only small dime players can not expect anything..
maybe I hope at this time I can buy the few remaining coins at a cheap price,fully hope that profits will come for my small asset..

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May 21, 2021, 05:38:28 PM
 #24

It is really tough to say at the moment as many countries is planning to ban the crypto which is not great recently market get down due to quite few reasons ie china say no to crypto but i still believe if more and more people came in the crypto then no one can stop the growth of it at least i think crypto had bright future even though it seeing many up and down but due to their Blockchain algorithm it can show some huge success in near future

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May 23, 2021, 06:06:15 PM
 #25

None of this is technical or makes sense and I love it! I just hate it when people think that technical analysis is the by all end all of considering what prices will do, it is not. OP could be right or he could be wrong and it doesn't matter because he is just saying what he thinks will happen and that is all that is matters, on the other side the TA people calculate based on indicators and charts and they think they will be right and they are as wrong as any other of us so it doesn't mean anything.

I do not think that more and more negative news will come, there wasn't even a proper bad news to begin with, it is just Elon and has idiotic moves, but aside from that everything is ok, that is why we already gone up 10k+ from the bottom we just had, and another 10k+ could be on the way as a recover, however after 50k it will once again become difficult to move.

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May 23, 2021, 09:33:48 PM
 #26

It is really tough to say at the moment as many countries is planning to ban the crypto which is not great recently market get down due to quite few reasons ie china say no to crypto but i still believe if more and more people came in the crypto then no one can stop the growth of it at least i think crypto had bright future even though it seeing many up and down but due to their Blockchain algorithm it can show some huge success in near future
We can't stop this bearish season and continue seeing bitcoin and altcoins reaching their dips. It's part of the crypto market movement. And once bearish season will be over, we will then wait for bitcoin and altcoins prices to recover again and start seeing them with their new peaks.

Even if others have become weak hands and start to lose hope from crypto, I still have this optimistic feeling that there is still bright future waiting for us in crypto. So i don't have to panic sell but still prefer to hold my coins despite of the continuous dip.

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May 23, 2021, 11:06:45 PM
 #27

It's not only in the crypto world that is happening right now, every thing in investment will experience a correction or decline. Naturally, this shows a healthy thing, after a short period of time there has been a very significant increase in almost all crypto assets, sometimes all of them experience saturation, which needs a recovery. It could be that someone is going crazy because their assets have dropped dramatically, if they don't panic, everything will come back.
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May 23, 2021, 11:21:06 PM
 #28

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?

This is not the first time that the market is bleeding.  It always happens several times in a year so I guess this kind of event is normal.  I still believe that the market will recover, yes I do sell but only to buy more on the dip to at least increase my stash then hold until the price skyrocket again.

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May 24, 2021, 02:53:03 AM
 #29

It's not only in the crypto world that is happening right now, every thing in investment will experience a correction or decline. Naturally, this shows a healthy thing, after a short period of time there has been a very significant increase in almost all crypto assets, sometimes all of them experience saturation, which needs a recovery. It could be that someone is going crazy because their assets have dropped dramatically, if they don't panic, everything will come back.

You say it right, everyone can experience such thing in the future. It could be the price will growing or going down. Just think it always that it is a normal thing in crypto world. Better fix your mind about it for you not to panic or think negatively about the future scenario. Knowledge, understanding, faith, trust and confidence are best weapon in joining crypto.


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May 24, 2021, 03:03:43 AM
 #30

Although I was very excited during the last phase of the market, actually the recent developments did not scare me at all. I still believe in this market after many years, and I still believe in BTC no matter what value it is I will keep it, and I still haven't sold my BTC after 3 years of holding it 

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May 24, 2021, 05:03:59 AM
 #31

I don't have deep analysis but what i know pump and dump not last forever, so if people still dare to hold i think it is worth to do as long the coin is right like Bitcoin or Ethereum. I hold BTC for now and believe it will pumped in future, no matter  how long i must wait again.

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Reid
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May 24, 2021, 05:16:24 AM
 #32

Continue holding or be lucky to sell at the time the whales are doing the same.
It's just a bit tricky because you won't know when that will be. But, if you are monitoring it 24/7 then you could ride the wave down or up.
Make some profits then buy more, just like eat, sleep, and work. Yeah, I hope it's that easy.

I am also optimistic about the market of Bitcoin. I am using history as a basis for its next pump.
Before, we reached 20k and were dumped half of its price. Now, the same thing is happening but it marked something in our mind.
We can reach 60k and it will happen again. Time will tell.
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May 24, 2021, 06:59:28 AM
 #33

I don't have deep analysis but what i know pump and dump not last forever, so if people still dare to hold i think it is worth to do as long the coin is right like Bitcoin or Ethereum. I hold BTC for now and believe it will pumped in future, no matter  how long i must wait again.
You are a loyal supporter of the BTC,and we all know the truth is, the early loyal supporter of the BTC are all financial freedom now, anyway, i think you are definitely right, Hold BTC is still a good way to financial freedom, it will be pumped again in future, i guess next round of Bull BTC will reach $200k.

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May 24, 2021, 03:51:52 PM
 #34

I don't have deep analysis but what i know pump and dump not last forever, so if people still dare to hold i think it is worth to do as long the coin is right like Bitcoin or Ethereum. I hold BTC for now and believe it will pumped in future, no matter  how long i must wait again.
You are a loyal supporter of the BTC,and we all know the truth is, the early loyal supporter of the BTC are all financial freedom now, anyway, i think you are definitely right, Hold BTC is still a good way to financial freedom, it will be pumped again in future, i guess next round of Bull BTC will reach $200k.
It is right. Holding bitcoin will give you the profit in the future, although bitcoin price now is down below $40k even $50k. I am sure bitcoin prices will rise and surprise us so many investors will come and invest in bitcoin. But it is hard to reach $200k in the short term and maybe bitcoin needs more time to increase step by step. So we need to be patient and still hold bitcoin for the long term.



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Coroline
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May 24, 2021, 09:26:14 PM
 #35

After falling below $ 32,000 amid the weekend's selloff, bitcoin rebounded to trade at $ 38,045 as of 11:36 E.T., setting a positive trend for the broader market. Ether, the second largest cryptocurrency, is trading at $ 2,517, posting a 36% gain. Other major coins, including Binance, cardano and dogecoin, were up 44%, 35% and 23%, respectively.
(news from Forbes)

This is great news, everyone will come back and hit the highs again.
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May 24, 2021, 09:42:00 PM
 #36

Am sure not in the group of sellers, and also good to see that the poster was kind of right in his prediction regarding this weeks markets, bitcoin and Ethereum and some other major coins have exploded in value compared to what there were worth last week, its feels great to see that the entire market is coming back up proving that we are definitely still in a bull market, and concerning when the bull market will end, I've read a lot of people say November this year, don't know if this is true, but i guess the future will tell, but my advice is that we all should stay active and monitor the market closely all the time, as we never can tell when really, we might slip into bears again.

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May 24, 2021, 09:59:14 PM
 #37

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.
Shall no one can predict the market of cryptocurrency perfectly, of a truth we are into bear market, but that shouldn't grant us 100% insurance that market will take time before recovery, really i dispute the fact totally because an aware that cryptocurrency can be recover anytime and any hour because it doesn't have a specific time for total recovery, so making a prediction for it and emphasising for it accuracy in via recovery, i think its a fallacy, because it can speed up unaware.



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CaVO32
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May 24, 2021, 10:05:28 PM
 #38

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.
Shall no one can predict the market of cryptocurrency perfectly, of a truth we are into bear market, but that shouldn't grant us 100% insurance that market will take time before recovery, really i dispute the fact totally because an aware that cryptocurrency can be recover anytime and any hour because it doesn't have a specific time for total recovery, so making a prediction for it and emphasising for it accuracy in via recovery, i think its a fallacy, because it can speed up unaware.

I like your line of thoughts here. No one can really precisely predict what will happen here. And yes, we can recover anytime as the market is really unpredictable. The adoption today is quite different from previous years. So it is hard to compare it with certain period of time in the past because the variables right now is different. With relatively strong adoption today, that may catapult the market to go in a different direction, different from previous years.
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May 24, 2021, 10:19:59 PM
 #39

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.

What if your price was reach but it was just tick? Market is volatile and there is high probability that your target may not come soon.
I also think in the future, there will be like more that emerge as new trend just like the way defi exploded in 2020 till date.
Last but not the list, there will always be a media interference and traditional institutions who will always want to see downfall of bitcoin.
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May 24, 2021, 10:39:06 PM
 #40

The market is really unpredictable after how many days bitcoin having a bloodbath now you see a good bounce back. Its shows a good sign for everyone start buying BTC just for a months hold making a quick earnings. Having these type of scenario similar from previous years were value of coin goes up and down movement.
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