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Author Topic: What happened to the crypto market now?  (Read 2235 times)
Wysi
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December 13, 2021, 05:44:44 PM
 #21

It's too early to term it as bear market as we have seen market recovering multiple times in last few months. I think it's time to take a break and observe the market trend instead of cashing in as it might dump or pump back so it's advisable to observe the trend and act accordingly.ita high time we should avoid these crypto youtubers to avoid any unnecessary FOMO loss.

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December 13, 2021, 06:42:02 PM
 #22

Since the bad short sale on 4/12, I am not sure if the status or news is fully supported for bitcoin.  Things are going pretty badly, $42k would be a pretty significant slide to turn market sentiment around even though bitcoin has managed to forge a recovery structure at $51k, but there is  it seems that the dumping is still putting pressure on the active bears.  As of 4/12 hacks that look like exaggeration also need constant adjustment.  Perhaps the opportunity to get more ATH this year is quite difficult.  I believe we could see a macro ATH coming in 2022 with hyperinflation being triggered.

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December 13, 2021, 06:52:15 PM
 #23

I think the crypto market is currently experiencing bearishness, for friends who are beginners in crypto, don't panic about the current market situation, because things like this are very normal things to happen, sooner or later this situation will return to normal, indeed this is the cycle of ups and downs the price of crypto, but we must be able to take advantage of this situation by buying some coins that have good potential,

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December 13, 2021, 06:58:37 PM
 #24

Crypto continues dropping these few weeks which is more than a manipulation or a correction. It seems that crypto continues to crash and no chance for pump up in these few days. Is the bearish market starting? Or that’s the end of crypto?
Could anyone answer me?
I'm not thinking that, there's always a chance and hope. We can't just ignore the volatility of the market mate, it all becomes possible in terms of price changes, and in fact, we've been seeing this multiple times/ Maybe we just have to wait for a few days, we certainly see it pumping again, please have patience.
We need not loosen up and think negatively about what we have now. It was very common to see the market in dumps, we are not bullish all the time nor did it becomes bearish as well. The market moves up and down, that's all.
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December 13, 2021, 07:03:32 PM
 #25

regardless of bearish or not i just feel this is a correction and i feel something like this is more suitable to be said as a correction rather than a decline.
the price is now i feel better than a few months ago and when i say it crashes i feel it is too exaggerated.
the current correction will pass quickly all you need to do is just wait and hold

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December 13, 2021, 07:34:12 PM
 #26

we all can't guess in detail about the crypto market starting to decline, all can only predict, in my personal opinion, it's starting to go down now because it will only divert the atmosphere so that even those who have assets start to panic and are confused about what to do..the fate of the crypto they have, for me it's time for us to buy and hold what we have..

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December 13, 2021, 08:16:03 PM
 #27

Get used to it because this market is always been like this on which you wouldnt know on what would happen next.We cant tell if its manipulation attached or totally random movement and if you are just new into thhe market then better get used to it because no one could ever predict on what would
happen next. Everything will vary on the demand and no one can point out even how good your technical analysis would be.
Everything would be random and cant be known.
That’s the biggest problem some people have and best profit maker for some other people. Some people do not know what to do when the market is volatile and unpredictable, and some people act as if there is a golden goose.

If you are one of the people who do not know what to do and end up making a loss because you panic sold or you just bought way too at the top, then you should maybe turn into long term investor who doesn't touch his money at all, that way you could make a profit by eliminating yourself from the equation. If you are the type of person who would rather make a profit by simply trading on these unpredictable volatile markets and you are doing a good job then you should stay that way and not change a thing.

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December 13, 2021, 09:30:08 PM
 #28

Crypto continues dropping these few weeks which is more than a manipulation or a correction. It seems that crypto continues to crash and no chance for pump up in these few days. Is the bearish market starting? Or that’s the end of crypto?
Could anyone answer me?
If you look at the history of the crypto market situation in 2017, the current situation is still good if we compare it to that year, the current situation is normal and that's good for the new ATH.
If there is no price correction, then it is not good because there will be a pump and dump quickly, Bitcoin and altcoin prices have increased from December 2020 and the current price is still profitable for investors who have bought bitcoin at $20k

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December 13, 2021, 09:37:11 PM
 #29

Crypto continues dropping these few weeks which is more than a manipulation or a correction. It seems that crypto continues to crash and no chance for pump up in these few days. Is the bearish market starting? Or that’s the end of crypto?
Could anyone answer me?

In fact, recent price drops are very worrying, but I think this is not yet the beginning of the bear market. The correction is normal and I think that this time it is rather an introduction to new gains. We just have to wait another week or two and the situation should clear up on its own.

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December 13, 2021, 09:54:43 PM
 #30

Crypto continues dropping these few weeks which is more than a manipulation or a correction. It seems that crypto continues to crash and no chance for pump up in these few days. Is the bearish market starting? Or that’s the end of crypto?
Could anyone answer me?
You are a newbie indeed, cus If you have been in this space long enough, you Willa easily understand that the market does not and will never just go up forever without maybe a day, week, month or even a year of retracement, the market going down does not mean it's the end of crypto, if crypto will ever end, it would have ended in 2018, 2019 and 2020, this years were the 3 long bear market years which followed after the 2017 bull market which saw bitcoin rise to almost $20,000 usd and later returned back to almost $2000 usd.

Conclusion is, crypto is not going anywhere, it's only fulfilling its universal law which states that what ever goes up must surly come down, to later go up again, a non stable crypto coin goes up and down, that's how they are built and that's what makes them a true currency.

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December 13, 2021, 10:28:47 PM
 #31

Crypto continues dropping these few weeks which is more than a manipulation or a correction.

the market always goes up and down, it doesn't go up without going down, you may have already noticed that, if a resistance is not broken the price drops a lot to strong support and when a strong support is not broken it goes up to strong resistance

It seems that crypto continues to crash and no chance for pump up in these few days. Is the bearish market starting?

yes

the bear market is starting, kidding, this will only happen if the price drops below $39,000

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December 13, 2021, 10:34:27 PM
 #32

It seems that crypto continues to crash and no chance for pump up in these few days. Is the bearish market starting?

yes

the bear market is starting, kidding, this will only happen if the price drops below $39,000

I know that the market sentiment is very positive and everyone is very optimistic about the future of the cryptocurrency market, but anything can happen here. I think a lot of people would stop laughing if Bitcoin's price suddenly dropped to $20k within a week or two. Would it still be a correction or a bear market for you?

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December 13, 2021, 10:52:25 PM
 #33

Either this is a change in trend and bears come to the market, or it is a correction and this is a temporary event that will soon be completed and there will be an increase after the holidays. The time interval from January 15 to February 15 will be indicative. After that, it will be possible to draw more accurate conclusions.
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December 13, 2021, 10:53:40 PM
 #34

Crypto continues dropping these few weeks which is more than a manipulation or a correction. It seems that crypto continues to crash and no chance for pump up in these few days. Is the bearish market starting? Or that’s the end of crypto?
Could anyone answer me?
More likely a bearish market but never the end of crypto. We have witnessed more worst than the current dump, and bitcoin still survives, so we should not doubt bitcoin's capability to pump again and maybe in the next bull run, so see you there.

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December 13, 2021, 11:22:27 PM
 #35

Is every decline always said to be the end of crypto? It's not the first thing to happen and it's common in this crypto world. Just take advantage of the existing moment to add assets while they are bearish. Crypto in the future is always growing and more and more enthusiasts. This makes the crypto continue to rise and decline like this like an ordinary cycle.

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December 13, 2021, 11:43:34 PM
 #36

Crypto continues dropping these few weeks which is more than a manipulation or a correction. It seems that crypto continues to crash and no chance for pump up in these few days. Is the bearish market starting? Or that’s the end of crypto?
Could anyone answer me?
It reminds us, everyone, that the market won't remain bullish always, to see a decline main that we are given the chance to buy some and start investing at a cheaper. It finds not usual for newcomers but for us who have been in the crypto space for many years, we actually understand the situation as so many factors that could affect the flow of the market demand and supply.

For now, we are suffering market decline but from what I see, we are still at the high level, not unless if we have 50% corrections already and the good this is that we're not yet there. The market is still healthy to see, Bitcoin is at about $45k and some altcoins are still in doing find and control the declines. I know we could make it through this and see the recovery in the coming days.

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December 13, 2021, 11:55:12 PM
 #37

Is the bearish market starting? Or that’s the end of crypto?
Of course, it is not the end of crypto.
Anyway, I think it is too early if we want to judge the bearish starting. I don't see this as an unusual drop in price, just a common correction. Many people who sold their coins and converted to fiats, are probably preparing their needs in real life. I think we can understand why people are selling their coins right now. But for real holders, should keep holding and don't be panic.. It is something natural, not the end of crypto market.
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December 14, 2021, 03:35:01 AM
 #38

Crypto continues dropping these few weeks which is more than a manipulation or a correction. It seems that crypto continues to crash and no chance for pump up in these few days. Is the bearish market starting? Or that’s the end of crypto?
Could anyone answer me?
I follow some bloggers and they say that there will be one more short-term boom and then it will be a long bear market, they just compare the situation now with the similar ones in previous cycles. Personally my plan is to sell off altcoins and sit out this bear market holding Bitcoin, ethereum and stablecoins so as to enlarge my positions on a dip.
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December 14, 2021, 04:54:19 AM
 #39

The market is always unpredictable, if the previous year in december the price would skyrocket but now the downward trend continues, I'm afraid the 2017 moment will repeat itself so we have to wait a long time to recover, until now I haven't found any global issues that can make FUD and hope this is a temporary wave.

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December 14, 2021, 05:36:13 AM
 #40

The market is always unpredictable, if the previous year in december the price would skyrocket but now the downward trend continues, I'm afraid the 2017 moment will repeat itself so we have to wait a long time to recover, until now I haven't found any global issues that can make FUD and hope this is a temporary wave.
Even if the market is unpredictable, we should keep analyzing the market to find the potential coins to trade and make a profit. Hopefully, the situation will not be the same as in 2017 and not drop too deep than now. But we do not know for sure and can only hope everything will be okay and the market will be back to the high price. If that comes, we should anticipate the worst thing so we are ready with the risk and do not enter the market if you think you can not or hard to analyze the coins.



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