What happened to the crypto market now?

[Coin_trader]

The crypto market in the third week of 2022 still tends to be sluggish and has not risen like in November 2021. The sluggish crypto market is known to have occurred in early 2022 trading.

And do you think that in the next week the crypto market conditions will be much better because I also don't see any new news that could surprise the market in the last two weeks for cryptocurrencies in general.

We are currently double bottom on weekly chart if the price close above 40K this week. Holding that level is our last hope to withstand this possible terrible downtrend. It is possible that we will se again 30K level since that is the second strong support prior to 40K level. I hope the price will not close below 40K level or else we will repeat again the history of the crypto cycle.

[Oneandpure]

Today the market dropped again and i lost a lot of value, i hope the negative trend from december will end soon, what i'm afraid is that the 2018 trend will happen again so that people get bored and leave cryptocurrencies.

Well I guess there's nothing to be afraid of, if you have said the bear market in 2018 then by now you should have at least prepared yourself already and should have plans on what to do in a bear market. As for the price going down again, I haven't check the news yet, but it seems another pressures coming from the bears at this point. And obviously, many are selling because we are trying to go over at $43k and we are not successful (at least bitcoin's price). So there is weakness amongst the bulls right now and short term predictions points to a bear market at least in the first quarter of the year.

Nothing to be afraid if you still loss with altcoin assets price dump better holding than you try with cut loss, always remember what CZ as  CEO from Binance "If you can't hold, you won't be rich" always remember when you try to cut loss your assets because when bitcoin recovery I sure your coin price will back again depend on bitcoin value. I think three are always true with words said by many investor holder is the winner and never confused when price dump, keep calm and waiting when bitcoin back again to higher price and take chance with altcoin touch all time high again.

[TheGreatPython]

It is possible that the bearish period has indeed arrived. Bitcoin has been at the price level of 40-42 thousand dollars for a relatively long time, and ethereum is a little more than 3000 dollars. But keep in mind that after the last big period of the bear market in 2018-2019, the market continued to develop and change. Since that time, many more people have joined the cryptocurrency, and this gives reason to argue that it has become more flexible, and the price recovery period will be much shorter. So I don't think the current bear market will last.

We can't say it "arrived" when we reached from 68k+ price to slightly under 40k recently. I mean it has been here for a while now, you can't just say it "arrived" like that happened the other day. In fact, we had a bear period when it went from 68k+ to under 50k, that was the bear period, this is more stagnant than bear to be fair. I mean which one sounds more bear to you, price moving 40%+ down in two weeks, or price moving 10-20% in 2 months?

I personally feel like the 40%+ one was the real bear. Right now nothing is wrong with crypto and everything seems fine, we should not be really focusing on the price going down all this much, it became a like obsession for many people.

[trauchot]

The usual correction of the cryptocurrency market and this correction can last for several years, so you need to get ready for this, and in general you should not worry if the correction of the cryptocurrency market begins, because when the cryptocurrency market correction starts, you can invest in cryptocurrencies at favorable prices and in the future with these investments, it will be possible to fix an excellent profit, and you should not worry about the end of cryptocurrencies, since cryptocurrencies are already everywhere and nothing bad will happen with cryptocurrencies, but on the contrary, cryptocurrencies are becoming more and more popular.

[Oneandpure]

Nothing to be afraid if you still loss with altcoin assets price dump better holding than you try with cut loss, always remember what CZ as  CEO from Binance "If you can't hold, you won't be rich" always remember when you try to cut loss your assets because when bitcoin recovery I sure your coin price will back again depend on bitcoin value. I think three are always true with words said by many investor holder is the winner and never confused when price dump, keep calm and waiting when bitcoin back again to higher price and take chance with altcoin touch all time high again.

Iy will depend on what coin we are holding, holding is true for bitcoin and other top altcoins but not in all altcoins, as we see the performace of the market in 2017 pump to 2018 dump many projects from ICo before were not available now in the market since they were not able to recover from price drop. It willbe better to cut loss and just buy back if we know that the project isnt that popular or just new in the market. Shifting in much safer coins that have proven in time van help if we only plan to hold it until the market recovers.

Have loss more than 30% I think is not good way for cut loss waiting and hope bitcoin can reach higher price, maybe I am real holder although have loss about 30% keep try holding until have good moment back to higher price. But many time I made mistake with buying shit coin although holding one or two years nothing can make price pump. I know cut loss some time have positive side where we can buy back on lower price when reach higher price we get recovery and take much profit for coin holding, have positive and negative side with cut loss moment and have faithful if try to cut loss.

[Lordshiva]

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?

Usually every four years there is a major correction in cryptocurrency that is happening this year. And that was before in 2017. So there is nothing to be afraid of seeing now is the time to just buy bitcoin and keep it hold for a long time. It seems that the market will not recover much this year. In 2023, the market will again pump a lot. Like 2017-2019

Actually I am pretty happy that bitcoin price has gone done because I already sold my coins due to some medical emergency in my family and now I am looking to buy again. so that is not that for me. I started to buy in small amounts but I am waiting for it to go down a bit more then I will buy more.

[sayaya17]

Bitcoin is decreasing in price. Maybe for some people this is very annoying when they buy it at a high price. But it is not crypto the name if the price of bitcoin must continue to rise without any decline. We don't need to worry or panic, because one day the market will go back up. In crypto patience it is very tested.

[Kodok Bencot]

The market is always unpredictable, when many are optimistic that December will skyrocket and create new ATH, unfortunately the market has dropped and has not recovered until now, I hope the negative trend does not repeat like 2018 which made me leave cryptocurrencies and sell many assets at cheap prices.

[rozak]

The market is always unpredictable, when many are optimistic that December will skyrocket and create new ATH, unfortunately the market has dropped and has not recovered until now, I hope the negative trend does not repeat like 2018 which made me leave cryptocurrencies and sell many assets at cheap prices.

if any severe dump may occur. I'm sure it won't be bottoming from 2018.
the market trend is different and currently the adoption of new projects is also strong. the hype from the Metaverse, NFT, and Defi projects is still running for now. I wouldn't have thought there would be such a deep dump. if there is, surely what happens is a correction followed by market stabilization. when there is a correction will be periodical. it is this situation that makes some people usually get stuck in trading.

[gurunanakji777]

At present market is not good for trading even I did not hear any negative news about the cryptos in recent times still the market is dropping. I don't think this is a manipulation I would say it's a correction phase of the market. I don't believe in the pumping I believe in the organic growth. One can say the market is sideways. I don't understand why people always say the end of crypto even I am listening to this statement past several years but nothing happened on the contrary adoption of cryptos increases.

[prosperoustop]

I think now we have correction on the market and the next will be raise to new horisont of bitcoin, and others will raise too!

[arbifahrozy]

Now much correction done and very soon market will be bullish. Don’t sell, just hold. Crypto is an investment, not a get rich quick scheme. Don’t put money in you’re not willing to lose, and hold!
For example, I put 4500 in a few months ago. It dropped down to 2800 and now it’s up over 5300

[Quidat]

Now much correction done and very soon market will be bullish. Don’t sell, just hold. Crypto is an investment, not a get rich quick scheme. Don’t put money in you’re not willing to lose, and hold!
For example, I put 4500 in a few months ago. It dropped down to 2800 and now it’s up over 5300

But others mindset wouldnt really be like this on which they would be thinking that holding isnt everything because not all would really be that
patient on holding for so long which means they would really go after for short term which does really require that very meticulous kind of act
when it comes to accumulation or buybacks.Anything that involves market movement would really matter on each person which are
involved to it.

[isaac_clarke22]

~

Even top coins tend to change a lot if you were observing CMC a lot and I can even recall someone here getting a snapshot of CMC back in older years. It is just insane how even below top 5 could just change within few years.
I never held any altcoins except for Ethereum, but I literally sold it all for bitcoin now since I have trust issues with the altcoins right now especially back when I attempted to hold some tokens from the bounty I tried to dip my toes into.

[TheGreatPython]

I think now we have correction on the market and the next will be raise to new horisont of bitcoin, and others will raise too!

Sure, there is going to be an increase. But the increase we will be seeing now wouldn’t be that much, just little up and dips that would continue for some years before another bull run will take place.

Maybe we would see some coins that would increase in value, but the thing is that it might be coins that we least expect, and not the top coins that we have in the market such as Ethereum, Cardano, Solana, Polkadot, Polygon and the rest of them. I have already seen a few coins in Coinbase that were increasing in value, and these are mostly coins that I don’t even know anything about at all.

[doomloop]

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 know it would be difficult for a lot of people to accept, but the truth is that the bearish trend has already started. I’m still seeing a lot of analysts who are predicting that the market would continue to go up, and I even saw someone that predicted $80,000 for BTC this month and ETH and other altcoins following it, seems quite funny to me but the truth is that there’s still going to be a bearish trend, and their predictions are less likely to happen.

This is a norm in the crypto market, after there is a bullish trend (which we have seen that take place last year which is 2021) bear market follows, so I don’t know why it’s really hard for a lot of people to accept that. Bearish trend is not bad, it’s even an opportunity for those who missed to invest at a lower price to do so now.

[nelson4lov]

Now much correction done and very soon market will be bullish. Don’t sell, just hold. Crypto is an investment, not a get rich quick scheme. Don’t put money in you’re not willing to lose, and hold!
For example, I put 4500 in a few months ago. It dropped down to 2800 and now it’s up over 5300

First things first, congratulations to you. I sold quite a bit at the recent top so rather than take money out in this dip, I'm still buying more at these prices because I feel like the market hasn't been priced in yet for a bear market.We can still see Bitcoin test the last all time high and that would spark interests in altcoins again and we'd have another chance to smile again.

I have a friend that invested quite a lump sum and is down a couple of percentages. Hoping it goes back up so he feels better.

[bhadz]

The problem is that no one knows when a new horizon will occur for Bitcoin and when a surprise increase will occur within this year because the correction in a few months is too tired for anyone to deal with.

We're all too tired when a correction comes and we don't like that seeing. But we have to accept it because it is coming no matter what the market is right now.
Time will show us that we cannot stop the correction and even the bear markets. This is the reality that should everybody has to accept because it's for real, corrections are essentials in the market.

[Dr.Osh]

The market is always unpredictable, when many are optimistic that December will skyrocket and create new ATH, unfortunately the market has dropped and has not recovered until now, I hope the negative trend does not repeat like 2018 which made me leave cryptocurrencies and sell many assets at cheap prices.

well, i even thought that the beginning of this year would start with a bitcoin price increase. however, the reality is that it's currently falling quite deep, even past $40k. However, this unpredictable thing is a common thing. when there is a significant increase in price, there is a high probability of a correction. well, i just hope that this is the lowest price of the year, and the pump will start. it is my hope.

[Mpamaegbu]

Or that’s the end of crypto?

I wonder what you will say now that Bitcoin has gone down to $38,000. Aren't you already shitting in your pants 😅. Cryptocurrency isn't for the lilly hearted. It's a volatile terrain and can't be said to be predictable. That's why it's advisable to only invest money one won't miss in case it vapourises with the wind. Concerning your question – No! This isn't the end of cryptos. We may be slowly plunging into a bear run but it's certainly not an end to it.