What happened to the crypto market now?

[Jackl87]

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 can not give you an answer to all your questions but i can definitely tell you, that this is not the end of crypto. We had some months of rising prices now again and therefore it is only logical that we see a correction now. The drop that happened yesterday though came completely out of nowhere for me though and it really isn't fun to look at my portfolio today as it down a lot and nowhere near where it was back in the beginning of may this year. Let's hope people don't panic sell now and make it even worse.

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[sirminesalot]

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 can not give you an answer to all your questions but i can definitely tell you, that this is not the end of crypto. We had some months of rising prices now again and therefore it is only logical that we see a correction now. The drop that happened yesterday though came completely out of nowhere for me though and it really isn't fun to look at my portfolio today as it down a lot and nowhere near where it was back in the beginning of may this year. Let's hope people don't panic sell now and make it even worse.

Every new investors which entered crypto when the latest bullish market will always said crypto will be over because they think they could always get more profits and regrets not selling the profits before.
It's usually happen in crypto but at the next pattern you will learn from your mistakes, so it's okay to think like that right now and you will see the market rising again in the future.
Bear time is usual thing in crypto and it won't last forever.

[KaliLinux]

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?

Maybe the market is in a bear or maybe not but you should be able to do some analysis to give you a bit of an insight to a level where you can confirm that it might get worse. The two SS charts below are the same but the first was from the 11th Dec. while the second today 14th Dec. and yes, BTC price has dropped from that $48k+ to now $46k+



I will only get worried if we fall below what I consider an upward support line since October 2020. BTC has fund support there and I believe it might again and if this will play out, I see BTC support around $41k-$42k ish and we could see a full-up trend again.

Pls, not financial advice just my own view.

[SlimShadyMmp]

I think like most people are pointing out maybe just a few winter months and then we may pickup before we hear anything about the bear market but I think for now just relax buy some juicy dips if you have some usd and chill and if you already gone shopping then watch one or two shows and try not to get your mind too fixated on the market because you might end up making a bad decision

[Google+]

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.

You also need to understand that something like 2017 will never happen again in the market and the current decline is not the end of everything so it will take a long time to recover, because I see the market will be back on a high track for next year.

[azhariejaya]

keep calm bro, this situation is not the first time, and this is not the end of crypto. If you play in the spot market, keep hodl, and if you play in the derivatives market, always use stop loss, I always believe corrections in crypto market is to take a foothold to fly further.

[Ngewex Yuk]

When in october the price of bitcoin made new ATH at a price of around $68500 then i am optimistic the december market will skyrocket, unfortunately the market continues to fall and makes investors confused and panic sells, when panic sells it makes corrections continuously and it is difficult to recover, but i hope the market will soon green again.

[israt1@]

There is nothing to be emotional about crypto. BTC went down from $60 to $29 a few months ago. At that time almost all the coins were being dumped. People said a lot then. But again BTC reached its highest price a few days ago. I think the crypto is running on the wrong run at the moment. You have to be patient.

[Digital_Lord]

The targets are 29K and 19K, but I don't think we will fall back to those levels. A bunch of BTC got moved onto exchanges on the 8th, and I think that is going to be dumped soon, and 40-42k will be the floor again. Buy the dip.
Beginning of the year it dropped to 30 from 60, everyone said it would drop to 15 but it never made it under 29.  Doubt it will drop down to 30 again

[wxa7115]

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?

There is no need to be overly dramatic about what it is happening at the moment with the market of cryptocurrencies, what we are seeing is just normal and it happens to any other market as well.

It is unrealistic that the market keeps going up and then going down in a dramatic fashion, in fact most of the time markets remain in a state called ranging, which is when the price moves between a range of prices and it seems impossible for it to get out of it, bull runs and crashes are the exception and not the rule, so do not worry, and if you can, take advantage of this by buying some of your favorite coins with a Christmas discount while you can.

[livingfree]

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?

Crash?

Not that a crash.

A certain correction isn't a crash to me. But this could be the start of the bear market. And usually, when these signs are showing, there are those people think that the market is about to end.

Just enjoy the ride.

But it seems to be dropping forever. What happened?

That's just looking to drop forever.

The last time when it's increasing, we like it because it's like increased forever. You don't expect it to be like that forever, if there's a pump, there's a dump.

And vice versa.

[magneto]

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?

How did you even come to the conclusion that there is any manipulation?

People throw around this word way too much without any proof. No, a short term adjustment does not have to be the result of central manipulation, and given the distributed nature of a lot of cryptos, this is simply not possible anyway.

It's a normal selloff due to the overbought nature of certain coins, that is all. Nothing else.

[dunfida]

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?

How did you even come to the conclusion that there is any manipulation?

People throw around this word way too much without any proof. No, a short term adjustment does not have to be the result of central manipulation, and given the distributed nature of a lot of cryptos, this is simply not possible anyway.

It's a normal selloff due to the overbought nature of certain coins, that is all. Nothing else.

Manipulation word is something that you would hear off whenever we do see sharp declines came from on a sudden pump.Well, i cant really blame off people on having this impression because we've been really dealing on a market which could possibly be having this behaviour.

Crypto market could neither be bullish or bearish and as a trader or investor then theres nothing you could do but to bare up
on what you are seeing.

Try to sustain and survive.

[GreatArkansas]

The targets are 29K and 19K, but I don't think we will fall back to those levels. A bunch of BTC got moved onto exchanges on the 8th, and I think that is going to be dumped soon, and 40-42k will be the floor again. Buy the dip.
(...)

$19,000 for me is very impossible. It was already tried before when we dropped to around $29,000 after creating an all-time high a few months ago.
For me, for what dumps happened recently, it was only a pure correction and for me, it is a healthy correction because look, it is bouncing after dump and the percentage of dump is not too huge compared to last 2018 when the bear market started.

[senyorito123]

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?

That's a good question that I really wanted to answer, fist of all mate bearish market happened long time ago and I am not afraid of anything that crypto is going to be. Ten years ago I already heard many people with judgmental mindset that crypto is going to end, but unfortunately it's not. What's happening today was a correction stage of all coins, not just btc bur for the entire cryptocurrency. There's nothing we can do if whales manipulated this things, all we need to do is acceptance and keep waiting.

[ringgo96]

Currently, a sharp decline occurred in all coins, and this may be the time for the bearish market to happen again but we as crypto users who have been in the bear market for a long time of course we certainly take advantage of this opportunity to invest in some potential coins then do not feel panic because it could be just a correction for the end of the year and for next year all will return to the top, If you believe you use this opportunity as best you can to make a profit.

[michellee]

Currently, a sharp decline occurred in all coins, and this may be the time for the bearish market to happen again but we as crypto users who have been in the bear market for a long time of course we certainly take advantage of this opportunity to invest in some potential coins then do not feel panic because it could be just a correction for the end of the year and for next year all will return to the top, If you believe you use this opportunity as best you can to make a profit.

The bear market gives the opportunity for the old crypto user to buy many potential coins, especially when they can make a big profit from the last bull market. The crypto market will have the bull and the bear market and we need to know when that type comes to the market so we can use it for our benefit. We need to calm down in this bear market so we can see what coins can be profitable after the bear market leave and that give us the profit later.

[pealr12]

I have decided not to be to bothered about this present market status, as someone who has spent quite some time in the crypto space I should know better that this period will always come, the market price will go down and people will ask same questions over and over again, 
My solution to this constant worry is to stake my coins to earn monthly returns pending when the market is back on track.

[koang]

2021 is a great year for crypto fans, Almost all coins have reached ATH.
After reaching ATH most of the coins get dumped but I believe that crypto has bigger players
in the market now and the market situation will be bullish again, we just need to be patient

[Vaculin]

2021 is a great year for crypto fans, Almost all coins have reached ATH.
After reaching ATH most of the coins get dumped but I believe that crypto has bigger players
in the market now and the market situation will be bullish again, we just need to be patient

Since we have been bullish at the start of the year and then at the third quarter, i must say that this is just a natural correction that will often occur after a bullish trend. So we need not to see the market negatively, but rather stay positive because after correction happens, there will be a strong support for bitcoin and main altcoins to reach their new ATH. That is the reason why people should not be bothered on price declines as they will eventually recover when the market becomes normal again. For now, we should only enjoy the ride and if you can't bear seeing the price decline, just take a break from monitoring the market so you won't be depressed.