Let's look at the movement of cryptocurrency prices this week, which seems diffi

[el kaka22]

whether investors' appetite for risk assets has decreased due to the surge in global coronavirus cases. The majority of the six cryptocurrencies with the jumbo market capitalization and most liquid transactions monitored are in the red this week.

I don't think so, the corona virus has passed, now many countries have returned to normal, yesterday's euro football match was proof that parts of the world are now fine. it is a matter of time for the market to go green again. Currently the crypto market is doing very well compared to last year. what you are saying is the fear of people who are new to crypto. even the volume of coins on marketcap that I saw today is increasing very rapidly compared to the last few years.

Corona virus hasn't passed just yet, it is just getting better and that is the situation right now. I am not saying that we should not be still the same fear as we used to be, I used to literally wipe every single thing I buy with disinfectant before I used it, I believed virus was everywhere, I was really crazy about it and was very very careful, very happy that I never got it (or at least as far as I know) and that is great, however many friends of mine went to work and kept working and nothing happened to them neither, so I can't really say much about that situation.

That is why I think it is really getting better and there are less and less infected right now, but it is still out there which is why we should be very happy about the situation but not get too much happy about it enough that we stop wearing mask and get together with strangers too much.

[777Jolami]

Stock market is doing fine, so the risk appetite is still there.

Lol, this is not the reason that goes along with the meaning of this market and the translational value of bitcoin.  I suspect that this period is very important to judge whether long-term accumulation of large organizations or not  Defensive thresholds have been reinforced.  Whether the conflict about fear of sell-off from GBTC unlock.  They are considering before landing.

[unusualfacts30]

Price movement is definitely a reflection of current market trend from what I have seen and we have been in accumulation phase for few weeks. What's interesting this week was that eth came below its 2k range creating more opportunity for new investors to join in the market trend.

[sulis sudibyo]

whether investors' appetite for risk assets has decreased due to the surge in global coronavirus cases. The majority of the six cryptocurrencies with the jumbo market capitalization and most liquid transactions monitored are in the red this week.

This situation began when China issued a ban on bitcoin mining. since then the market has been under pressure for weeks. not just big coins, but all red crypto coins. and this has nothing to do with the corona virus. when viewed since the pandemic the crypto market has increased. and it's been the best time in years. that's why I'm sure it's not caused by corona. Investor interest falls because they see the market as less potential and there are always more reasons to fall than rise. The impact of FUD from China's ban is still being felt today. because of all that investors prefer to remain silent and monitor the situation until the market gets better.

[Ararbermas]

whether investors' appetite for risk assets has decreased due to the surge in global coronavirus cases. The majority of the six cryptocurrencies with the jumbo market capitalization and most liquid transactions monitored are in the red this week.

market isn't fully recovered that's why sometimes we saw some false signal in the market. so for this reason perhaps we need to put more patience instead of getting frustrated, because it really takes time before it continue to surge again, indeed bearish is already over and what we're waiting now is improvement. So we need to understand the situation as well wherein don't be so excited just relax . Lol

[fara_buduk]

whether investors' appetite for risk assets has decreased due to the surge in global coronavirus cases. The majority of the six cryptocurrencies with the jumbo market capitalization and most liquid transactions monitored are in the red this week.

market isn't fully recovered that's why sometimes we saw some false signal in the market. so for this reason perhaps we need to put more patience instead of getting frustrated, because it really takes time before it continue to surge again, indeed bearish is already over and what we're waiting now is improvement. So we need to understand the situation as well wherein don't be so excited just relax . Lol

we will see the market change but not now because it takes time and the market change is not 100% because of the covid but more on the trend of fans and whale players that might make that happen

[sana54210]

This situation began when China issued a ban on bitcoin mining. since then the market has been under pressure for weeks. not just big coins, but all red crypto coins. and this has nothing to do with the corona virus. when viewed since the pandemic the crypto market has increased. and it's been the best time in years. that's why I'm sure it's not caused by corona. Investor interest falls because they see the market as less potential and there are always more reasons to fall than rise. The impact of FUD from China's ban is still being felt today. because of all that investors prefer to remain silent and monitor the situation until the market gets better.

It is looking like there is a whole lot of movement in bitcoin, so I am not seeing anything bad anymore. Obviously there was a huge drop and that's true, but the reality is that we dropped and we dropped a lot and I agree with all that yet we still managed to stop, and that stop means a lot because unless we have another huge drop coming up, that means this was it, it's it.

What does "it" means, well it means that we stopped and then if we spend all of our live savings into bitcoin right now, we can double it when the price goes up, I am not in support of anyone making any investment decisions based on what I say, because hell I do not do what I think I should do, but it is great feeling to know that you hit bottom and what comes after the bottom? The peak, so we are going to spend some time here but then we are going to start making a ton of profit in near future.

[Findingnemo]

whether investors' appetite for risk assets has decreased due to the surge in global coronavirus cases. The majority of the six cryptocurrencies with the jumbo market capitalization and most liquid transactions monitored are in the red this week.

Still bitcoin os going sideways which is well over $30K for the last 8 weeks or more so the bullish trend seems over and wait for that huge dip to occur. I expect that $20K will be the lowest lower of next cryptocurrency price movement cycle.

[terciduk123]

whether investors' appetite for risk assets has decreased due to the surge in global coronavirus cases. The majority of the six cryptocurrencies with the jumbo market capitalization and most liquid transactions monitored are in the red this week.

Still bitcoin os going sideways which is well over $30K for the last 8 weeks or more so the bullish trend seems over and wait for that huge dip to occur. I expect that $20K will be the lowest lower of next cryptocurrency price movement cycle.

I also heard some people predict that. But I hope that doesn't happen, because if Bitcoin falls to $20k USD, then recovering will be quite difficult and further away from the ATH price. it would be better if Bitcoin immediately broke out and continued its climb to reach the new ATH price.
When Bitcoin breaks out and volume goes up, I'm sure many traders will enter, because this is the moment we've been waiting for.

[SquallLeonhart]

we will see the market change but not now because it takes time and the market change is not 100% because of the covid but more on the trend of fans and whale players that might make that happen

Yes, covid doesn't have a big impact on the crypto market, because the real effect on the market is on the amount of demand and supply that always happens every day, this is a very general and absolute influence in my opinion.

I believe covid had a lot of market movement all by itself, look at march 2020, you will see that everything crashed, not just crypto but also every fiat thing as well it was really great. So we know that crypto can be impacted by covid, even these drops are sort of because there have been a lot of people vaccinated and that is why the economy is getting back on track which means if the economy is better and stronger then fiat is stronger and if fiat is stronger than crypto is getting weaker against it.

I am not saying that any future movement will be related to covid, unless something major changes I feel like this has been it... like we lived it, and from now on it is going to just keep getting better and better which will eventually become nothing and that is why I do not think that we will see any covid related situation. However that doesn't mean we didn't had it neither.

[Erdogan]

whether investors' appetite for risk assets has decreased due to the surge in global coronavirus cases. The majority of the six cryptocurrencies with the jumbo market capitalization and most liquid transactions monitored are in the red this week.

I don't think coronavirus has too much influence on the cryptocurrency market. It is true that in recent days the charts of the main cryptocurrencies have been red and they are looking more and more bearish, but I still think that this is just a correction and we will see increases soon, and new ATHs by the end of the year.

[Findingnemo]

Still bitcoin os going sideways which is well over $30K for the last 8 weeks or more so the bullish trend seems over and wait for that huge dip to occur. I expect that $20K will be the lowest lower of next cryptocurrency price movement cycle.

Why would you expect such a thing in Bitcoin? do you want to buy a large amount of Bitcoin at a price of $ 20K ? because after that you will also expect a big increase to make a profit and that will certainly take a very long time.

It took only 2 to 3 months for bitcoin to reach $60K from $10k which is too long?

Investments take time but bitcoin is the fastest one to produce the highest return in very short time ever in the history.