Bearish market continues?

[asrinur]

In my opinion, it seems that the current bearish market sentiment is still continuing because the FED will do many ways to curb inflation. With the FED policies the crypto market is getting weaker due to a lot of massive selling.

[mattujusuruga]

In my opinion, if you see a very deep price drop and a lot of negative sentiment at the moment, then the current bearish trend will continue and could bring the bitcoin price towards the $28k level. And to make the price move up even to return to the previous ATH level will be much more difficult and take a long time.

We need to remember that despite how logical all the trading systems may sound at the end the markets are dominated by emotions, and right now fear has taken over the markets, however this means the market has a tendency to overreact and as such we could see a fast recovery as well, it seems the 30k level is holding up despite the FUD we are experiencing, so I think it is possible we may see bitcoin at 35k during the next week as the strength of the bears diminishes and people are not as afraid of the current drop in the price as they are now.

30k is the strongest vibonage line and if this can be broken then we will see the price at 28k for the next day because until now the bitcoin fear and greed index is very extreme
maybe it's like what happened 2018 so it took a long time to recover but I hope it's different and doesn't wait long for the bull to run

Market conditions are still not conducive because of the negative market sentiment that remains volatile. Maybe what happened in 2018 will happen again this year. Moreover, the market has decreased by 30%-40% so we are in a bear market. Therefore, if the $30k price level doesn't hold in the next few days, then we will see the bitcoin price going down to the $28k-$25k area.

[Silberman]

Yeah many people got liquidated. Especially those who were holding Luna. You go to their Reddit you can see sad talks of losing everything and Suicide messages. And even those who held the stable coin UST.

The peg is getting closer to closing however many probably panicked and sold earlier at 50% loss because they were worried. This month will be a very volatile month for crypto and stocks .

Nobody knows when it will bottom out and make a new ATH.

It is very depressing that we keep seeing the same story happening over and over again, I hope no one takes the drastic decision to end their lives as even if their monetary losses were big at the end of the day is only money, if we work hard, save and invest in a good asset then people could always recover the money they have lost and earn even more than that, but if they end their lives then there is no way to recover from that, it is because of this that scammers really bother me, they may think they are only stealing money, but they steal the dreams, aspirations and sometimes even the lives of those from which they stole their money.

It just sad though to hear those horror stories about investors getting depressed and contemplating about suicide. I still remember the story of one boy who trade on Robinhood and then committed suicide later on when there is a glitch in the system resulting of money being lost on his end. So I do hope that we won't hear the same stories because of what happened to LUNA and it's stable coins holder. So all should learn from ours and others mistakes and move forward in our life.

I remember that story too and it was incredibly sad, however since so many people were affected by the drop in the price of luna some of them have been contemplating suicide, the luna community in reddit is full of those posts and I think it got closed because of it, and since it is becoming clearer and clearer that luna is not going to ever recover I think we may hear more stories like that during the next days, since those people are really depressed about what happened and their future looks bleak.

[Oceat]

These few days when I woke up and checked binance my asset dropped significantly, of course this made me confused whether to sell all assets at a loss or wait, even a lot of speculation circulating that the price of bitcoin will drop again below $ 20k, of course this is something this is very worrying and will take a long time to get back up again.

Many people are trying to recover their funds by selling it as early as they could cause they think it's the end again of Bitcoin but it turns out they were being flushed out as they were the panic sellers who makes the market turn in red for a few days. They don't really learn anything since the previous bull run or it's that they were just newbies in this market and maybe the old investors were holding and having their patience to wait for the right time when the market would start to pump again.

[Dave1]

These few days when I woke up and checked binance my asset dropped significantly, of course this made me confused whether to sell all assets at a loss or wait, even a lot of speculation circulating that the price of bitcoin will drop again below $ 20k, of course this is something this is very worrying and will take a long time to get back up again.

Many people are trying to recover their funds by selling it as early as they could cause they think it's the end again of Bitcoin but it turns out they were being flushed out as they were the panic sellers who makes the market turn in red for a few days. They don't really learn anything since the previous bull run or it's that they were just newbies in this market and maybe the old investors were holding and having their patience to wait for the right time when the market would start to pump again.

Yeah, usually in bear market and flash crashes, the weak hands are going to sell, so there will be a shakeup and what remains are the diamond hands who chooses not to sell because they are thinking long term and on the contrary, would rather buy.

So far this has proven to be the case, price are on the way to recovery and maybe we can see it $32k and above next week.

[MFahad]

In my opinion, it seems that the current bearish market sentiment is still continuing because the FED will do many ways to curb inflation. With the FED policies the crypto market is getting weaker due to a lot of massive selling.

First  we will go up. There'll be a nice rally, everybody will get uber bullish, and long liquidations will happen big time. So 25K and change is a bottom, for now. SO up and then 20K or below. Depends on many factors, but I don't think we're heading to 20K or below....yet. Matter of time. Plus, Tether FUD is becoming real, especially after UST and USDT plunging 5% recently. There's real pressure for them to prove their claims. Imagine what would happen to the crypto market as a whole if Tether FUD is realized. I know, I know, people have been saying it for years.

[bitterguy28]

In my opinion, if you see a very deep price drop and a lot of negative sentiment at the moment, then the current bearish trend will continue and could bring the bitcoin price towards the $28k level. And to make the price move up even to return to the previous ATH level will be much more difficult and take a long time.

We need to remember that despite how logical all the trading systems may sound at the end the markets are dominated by emotions, and right now fear has taken over the markets, however this means the market has a tendency to overreact and as such we could see a fast recovery as well, it seems the 30k level is holding up despite the FUD we are experiencing, so I think it is possible we may see bitcoin at 35k during the next week as the strength of the bears diminishes and people are not as afraid of the current drop in the price as they are now.

30k is the strongest vibonage line and if this can be broken then we will see the price at 28k for the next day because until now the bitcoin fear and greed index is very extreme
maybe it's like what happened 2018 so it took a long time to recover but I hope it's different and doesn't wait long for the bull to run

Market conditions are still not conducive because of the negative market sentiment that remains volatile.

Volatility be shown in all forms of Investments here in Cryptospace because it moves from Supply and Demand .

Maybe what happened in 2018 will happen again this year.

What? History Repeating itself ? I am not sure but maybe not as worst as what 2018 brings to the market after the 2017 Bulrun.

Moreover, the market has decreased by 30%-40% so we are in a bear market. Therefore, if the $30k price level doesn't hold in the next few days, then we will see the bitcoin price going down to the $28k-$25k area.

it is holding on it, 30k is the strong hold now, but also we are looking for the fall below 25k in which for me will declare the total bearishness of the market.

[Sithara007]

I remember that story too and it was incredibly sad, however since so many people were affected by the drop in the price of luna some of them have been contemplating suicide, the luna community in reddit is full of those posts and I think it got closed because of it, and since it is becoming clearer and clearer that luna is not going to ever recover I think we may hear more stories like that during the next days, since those people are really depressed about what happened and their future looks bleak.

I have been saying this ever since 2014. Being an extremely volatile asset, cryptocurrency investment comes with a lot of risks. Investors need to understand that there is always a chance that their investments may become 100% worthless. It is not like the scenario when they are investing in more stable assets such as gold or treasury bonds. The greater the risk, that much greater will be the chance of good returns. Now what is the point in committing suicide and all that? They need to learn from their mistakes and move on.

[kotajikikox]

I remember that story too and it was incredibly sad, however since so many people were affected by the drop in the price of luna some of them have been contemplating suicide, the luna community in reddit is full of those posts and I think it got closed because of it, and since it is becoming clearer and clearer that luna is not going to ever recover I think we may hear more stories like that during the next days, since those people are really depressed about what happened and their future looks bleak.

I have been saying this ever since 2014. Being an extremely volatile asset, cryptocurrency investment comes with a lot of risks. Investors need to understand that there is always a chance that their investments may become 100% worthless. It is not like the scenario when they are investing in more stable assets such as gold or treasury bonds. The greater the risk, that much greater will be the chance of good returns. Now what is the point in committing suicide and all that? They need to learn from their mistakes and move on.

but it is always depend in which currency we are investing , if we are tend to put our money in shitcoin then there is a big chances that we will be losing towards that 100% , but if we will secure our Funds in like Bitcoin or Binance coin? then there is a zero chance of this losing but we can experience dumping each time as volatility always takes place , no certain time but this coming to change our mind and strategy.
just keep Holding and you will take what you wanted to achieve .

[btc78]

In my opinion, it seems that the current bearish market sentiment is still continuing because the FED will do many ways to curb inflation. With the FED policies the crypto market is getting weaker due to a lot of massive selling.

First  we will go up. There'll be a nice rally, everybody will get uber bullish, and long liquidations will happen big time. So 25K and change is a bottom, for now. SO up and then 20K or below. Depends on many factors, but I don't think we're heading to 20K or below....yet. Matter of time. Plus, Tether FUD is becoming real, especially after UST and USDT plunging 5% recently. There's real pressure for them to prove their claims. Imagine what would happen to the crypto market as a whole if Tether FUD is realized. I know, I know, people have been saying it for years.

That is how it works and that is why we are here in this market because of what we called Volatility and how this shows the healthy market over the years.
price tend to go up and down depend in demand and supply in which i believe makes us all beneficial in all matters.
yes we sometimes lose but it is on how you react in market, remember that it is always our decision that will bring result .
so if you can keep holding then you will never face loses that is one sure thing in Bitcoin.

[Oasisman]

These few days when I woke up and checked binance my asset dropped significantly, of course this made me confused whether to sell all assets at a loss or wait, even a lot of speculation circulating that the price of bitcoin will drop again below $ 20k, of course this is something this is very worrying and will take a long time to get back up again.

Many people are trying to recover their funds by selling it as early as they could cause they think it's the end again of Bitcoin but it turns out they were being flushed out as they were the panic sellers who makes the market turn in red for a few days. They don't really learn anything since the previous bull run or it's that they were just newbies in this market and maybe the old investors were holding and having their patience to wait for the right time when the market would start to pump again.

Well, these type of people are still vital to the Bitcoin price actions  coz they are actually helping the people who's looking to buy more Bitcoin in a bearish market by panic selling it'll make Bitcoin dip even more.
Weakhands will never ever learn as long as they can still see they're still profiting somehow by selling early. I'm not really sure coz most of them might actually losses a percentage when they sold their bags on a falling price.

[Oceat]

Yeah, usually in bear market and flash crashes, the weak hands are going to sell, so there will be a shakeup and what remains are the diamond hands who chooses not to sell because they are thinking long term and on the contrary, would rather buy.

So far this has proven to be the case, price are on the way to recovery and maybe we can see it $32k and above next week.

Maybe those who sell at low price they finally realized what they just did and the regret of panic selling on their face. Yeah, I hope it will recover soon but I can't stop thinking that it's about to dump next week again and probably we might gonna see it back to $20k+. Although, that would be a good opportunity to buy during the dip but the question is will it pump back to that same price like $40k or it will start to hit some bottom?

[Sithara007]

but it is always depend in which currency we are investing , if we are tend to put our money in shitcoin then there is a big chances that we will be losing towards that 100% , but if we will secure our Funds in like Bitcoin or Binance coin? then there is a zero chance of this losing but we can experience dumping each time as volatility always takes place , no certain time but this coming to change our mind and strategy.
just keep Holding and you will take what you wanted to achieve .

Bitcoin is a high risk asset. And investing in any of the altcoins means that your risk factor gets multiplied by manytimes. I have refrained from investing in alts since 2018 (when most of them lost up to 99% of their value). And I don't see any point in taking this risk, since remaining invested in Bitcoin can easily get you 10x to 20x returns in the next 5 years. For me, ETH, BNB, ADA and BCH are some of the options that can be considered. But any other coin is out of consideration, at least for the short to medium term.

[Kemarit]

but it is always depend in which currency we are investing , if we are tend to put our money in shitcoin then there is a big chances that we will be losing towards that 100% , but if we will secure our Funds in like Bitcoin or Binance coin? then there is a zero chance of this losing but we can experience dumping each time as volatility always takes place , no certain time but this coming to change our mind and strategy.
just keep Holding and you will take what you wanted to achieve .

Bitcoin is a high risk asset. And investing in any of the altcoins means that your risk factor gets multiplied by manytimes. I have refrained from investing in alts since 2018 (when most of them lost up to 99% of their value). And I don't see any point in taking this risk, since remaining invested in Bitcoin can easily get you 10x to 20x returns in the next 5 years. For me, ETH, BNB, ADA and BCH are some of the options that can be considered. But any other coin is out of consideration, at least for the short to medium term.

I guess for us who have been in the market for so long, knows and understand how the market work. There are risks involved, but there are ventures that we really shouldn't get our selves into because the risk is not worth it, i.e. having our money on some shitcoins.

So for us, Bitcoin might not give the huge returns that some altcoin can give, but at least it is solid and then chances that the price will be busted is slim to nil as compare.

[Dhaniii]

The bearish market has been going on for a long time and everyone is used to the current market conditions and some people are trapped in panic selling when the market is bearish so that the bear market continues to occur at this time. whereas yesterday the market had a bullrun that broke through the $45k price but nothing could stop it so the market went down again.

[Ojengonggu]

The bearish market has been going on for a long time and everyone is used to the current market conditions and some people are trapped in panic selling when the market is bearish so that the bear market continues to occur at this time. whereas yesterday the market had a bullrun that broke through the $45k price but nothing could stop it so the market went down again.

Nothing can stop the market but we can only keep it for ourselves when it's a good time to go up, we just let it go and when it goes down like this.
Even though others have panicked, but until now I can still be patient to defend mine.

[Silberman]

I remember that story too and it was incredibly sad, however since so many people were affected by the drop in the price of luna some of them have been contemplating suicide, the luna community in reddit is full of those posts and I think it got closed because of it, and since it is becoming clearer and clearer that luna is not going to ever recover I think we may hear more stories like that during the next days, since those people are really depressed about what happened and their future looks bleak.

I have been saying this ever since 2014. Being an extremely volatile asset, cryptocurrency investment comes with a lot of risks. Investors need to understand that there is always a chance that their investments may become 100% worthless. It is not like the scenario when they are investing in more stable assets such as gold or treasury bonds. The greater the risk, that much greater will be the chance of good returns. Now what is the point in committing suicide and all that? They need to learn from their mistakes and move on.

True, however people have the tendency to take impulsive decisions that affect their lives forever, it is known that when a person is experiencing a great degree of sadness and frustration they have problems sleeping causing insomnia, this makes them to keep thinking over and over again about what happened until they cannot take it anymore, after all we must remember that sleep deprivation is a form of torture, this is why suicide prevention hotlines have two goals when talking with the people at the other side of the phone, and those are to get them vent out their frustration and maybe even get them to laugh and then get them to sleep, if they can do both of those things then the chances of the person on the phone making an attempt against their life become very low.

[Natalim]

The bearish market has been going on for a long time and everyone is used to the current market conditions and some people are trapped in panic selling when the market is bearish so that the bear market continues to occur at this time. whereas yesterday the market had a bullrun that broke through the $45k price but nothing could stop it so the market went down again.

Nothing can stop the market but we can only keep it for ourselves when it's a good time to go up, we just let it go and when it goes down like this.
Even though others have panicked, but until now I can still be patient to defend mine.

Patience is the key for people not to panic and sell at a loss, however, if you want to profit, then make sure you buy when the price dip as eventually it will recover and that would give you an opportunity to enjoy a short term profit. This kind of bearish market is not new to us, it happened many times in the past, and we have the trend since bearish market comes after the bull market.

[dezoel]

The bearish market has been going on for a long time and everyone is used to the current market conditions and some people are trapped in panic selling when the market is bearish so that the bear market continues to occur at this time. whereas yesterday the market had a bullrun that broke through the $45k price but nothing could stop it so the market went down again.

I do not remember the price being 45k at any point yesterday, looking at the charts I do not see that anywhere neither. Maybe there was a website with a problem that skyrocketed very quickly and that could happen as well but it is not really a big trouble. All that happens right now is the fact that we could end up seeing something a bit more rare at the current situation and the price already recovered over 30k and that was a great thing.

If we are having these type of problems then we should not be focusing on the drop anymore, it happened and that's the past and we should be getting a better future so we should be hopeful about that instead.

[Jating]

The bearish market has been going on for a long time and everyone is used to the current market conditions and some people are trapped in panic selling when the market is bearish so that the bear market continues to occur at this time. whereas yesterday the market had a bullrun that broke through the $45k price but nothing could stop it so the market went down again.

Nothing can stop the market but we can only keep it for ourselves when it's a good time to go up, we just let it go and when it goes down like this.
Even though others have panicked, but until now I can still be patient to defend mine.

Patience is the key for people not to panic and sell at a loss, however, if you want to profit, then make sure you buy when the price dip as eventually it will recover and that would give you an opportunity to enjoy a short term profit. This kind of bearish market is not new to us, it happened many times in the past, and we have the trend since bearish market comes after the bull market.

If a perfect world, then yeah, this should be the mindset. However, when face with this kind of difficulty, i.e. the price is going down hard and investors specially beginners, doesn't know what to do or doesn't understand to react, they will immediately sell.

Again, for us, this is nothing new, but maybe for majority who join in last 2021, they haven't seen this before. So it will take some time for them to realized that they don't have to panicked, or at least not sell yet and just continue to be a holder and have the patience.