🪄✨Crypto is rising

[adaseb]

Yeah I had to check the date a few times and double check the year even because there is no bull market going on right now.

We got like 8 red weeks in a row, possible another 9 coming up. How is that bullish? Stocks had 2 good rally days but doesn’t mean anything since they were over sold. Bitcoin however hasn’t had any decent rallies.

[1714683803]

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[1714683803]

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[Sir Legend]

Crypto always provides a good opportunity for us to profit, even when the price drops like now then we have a good opportunity to buy and make long-term investments, from my experience several times when I buy and be patient to hold then we can get big profits.

[Poker Player]

Yeah I had to check the date a few times and double check the year even because there is no bull market going on right now.

We got like 8 red weeks in a row, possible another 9 coming up. How is that bullish? Stocks had 2 good rally days but doesn’t mean anything since they were over sold. Bitcoin however hasn’t had any decent rallies.

Yes, the OP doesn't seem to know much about how the market is going.

To me what makes me think more and more the evolution of price behavior is that we are not going to beat the $70k ath until after the 2024 halving. We are now in a normal phase of the cycle. At the beginning of the year I still had doubts and there were people saying that we were in a somewhat delayed cycle and that we were going to break $100k this year, but I think it's becoming clearer and clearer that that's not the case.

[South Park]

We are in the middle of a Crypto Winter.  With Terra's crash making things worse for the entire market.  There is no bull to rage.  All we have is a lot of fear and sadness right now with so many people losing their savings and investments or cashing out in fear of a further collapse of the market.

We can call it a raging bull market when we see Bitcoin exploding through the roof and going through another All Time High within a day or two.  For now it is still around half way through the All Time High so a recovery will take a while.  Until then, there will be mostly silence.

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Regards,
PrivacyG

I think that is what the rest of the users are looking at, I do not know if @DBX CRYPTO simply is not looking a the same charts or he did not express himself correctly because I think we can all see that we are nowhere near a bull market, what we are experimenting is a bear market which could last for a very long time, and while I expect that things are not going to be as bad as what we saw during the 2017 crypto winter things could get ugly and fast if we see another collapse like the one Terra went through.

[m2017]

🧨Crypto took a hard hit early May. Bitcoin, the largest cryptocurrency, fell to around $29000 from its all time high of of almost $70000. Other cryptocurrencies fell too and people started to wonder whether this fall would be permanent, but will crypto rise again?

🔮It’s likely, but it won’t be a walk in the park. Shortly after the collapse, the majority of cryptocurrencies began to rise in price. Bitcoin started trading around the $30000 mark but remained largely below that for the time following the initial revival. Since then it’s been a roller coaster ride for cryptocurrencies and they are yet to reach levels near where they were before the crash.

🚀Right now, the bull market rages on. Cryptocurrencies are still experiencing ups and downs while remaining largely around the same price they’d reached after the collapse. However, sentiments on the market are largely positive, with many experts and investors optimistic that major cryptocurrencies will reach new highs just not very soon.

People see the fall only by comparing with $70k. Relative to this figure, $29k seems to be something insignificant and small. But let's rewind a little bit of time, for example, to bicoin price peaks in the last cycle and we will see that $29k is more than $20k. So, relative to previous indicators, bitcoin is undoubtedly rising. Of course, with ups and downs, but since its inception, growth has been constantly observed. Therefore, it seems absolutely normal for me that in the future we will see a further increase in bitcoin. Will cryptocurrencies reach its highs soon? For the holders, this is not so critical, because sooner or later it will happen. People can be patient and willing to wait years (you remember bitcoin moving from old wallets not moved for years) to wait for a very high price of bitcoin relative to the purchase price.

[buwaytress]

It's been sideways trading for weeks, with lower lows each opening week (think we'll hit a 9th straight "red" week).

Yes, and this is a record if we hit 9th straight weeks with red candle. Me thinks though that we might see another smashing all time high record in 2024, perhaps 6 digit?

2024's my personal target as the earliest we'll see another rally, and yes that seems a bit cynical but I do enjoy preparing for the worst (and was right about 2021 when all the Bitcoin prophets were trumpeting rallies in 2019).

100k BTC would probably be about right too. Last ATH was about 3.4x the 2017 one, I guess even 100% gains on the next ATH would be too much to ask in 2024 (but hey, I'm waiting to be surprised).

[Newlifebtc]

From $29k to $30k is not a rise it's just price fluctuation.  There is no indication there will be a rise any time soon. For me this is the best time to pay closer attention to the market to decide when to sell and wait for the next market move because from more technical reviews we might still face more dips if the price keeps hovering around $28k

What did you think is rise, Bitcoin fall to 25k and get rise to 28k and 30k and you are not appreciating the rising of bitcoin, if some body utilize the opportunity of buying at time the price is low in 25k and it rise to 30k the person that buy when is 28 have make profit, and it depends on the amount you put will give you big profit

[Baofeng]

From $29k to $30k is not a rise it's just price fluctuation.  There is no indication there will be a rise any time soon. For me this is the best time to pay closer attention to the market to decide when to sell and wait for the next market move because from more technical reviews we might still face more dips if the price keeps hovering around $28k

What did you think is rise, Bitcoin fall to 25k and get rise to 28k and 30k and you are not appreciating the rising of bitcoin, if some body utilize the opportunity of buying at time the price is low in 25k and it rise to 30k the person that buy when is 28 have make profit, and it depends on the amount you put will give you big profit

Pretty obvious that maybe he just read this one from some site and think that it's accurate.

As others said, no bull run, we will continue to trade sideways at the end of this month and probably another red candle too, setting a new record. Best time for the price to go up again is likely after the halving so it means  we will have to endure the bear  cycle once more. So possible that the price might go down to $24k and that will be the perfect price at least for me to fill my wallets.

[Xeon]

people started to wonder whether this fall would be permanent, but will crypto rise again?

Sure thing that we have been here in this situation for many months now but even if this lasted a year or two a true cryptocoiners will still believe that cryptos can rise and there is no such thing as a permanent bear run because if there are then it already happened before and there's no way the price will reach this high.

Right now, the bull market rages on. Cryptocurrencies are still experiencing ups and downs

What bull market you are talking about? And why the prices was still the same but I think the price right now is much worster than the price last month, where btc was above 30k and alts are still a little bit higher than their current but yes the ups and downs are always there and it won't go away since cryptos are volatile.

[peter0425]

🚀Right now, the bull market rages on. Cryptocurrencies are still experiencing ups and downs while remaining largely around the same price they’d reached after the collapse. However, sentiments on the market are largely positive, with many experts and investors optimistic that major cryptocurrencies will reach new highs just not very soon.

so what is the Raging market in this now?  https://coinmarketcap.com/

there is nothing coming towards our part , and this is the the market is showing now , maybe you are reading the different ways mate.

but I am looking forward to the right raging market .

[btc_angela]

It's been sideways trading for weeks, with lower lows each opening week (think we'll hit a 9th straight "red" week).

Yes, and this is a record if we hit 9th straight weeks with red candle. Me thinks though that we might see another smashing all time high record in 2024, perhaps 6 digit?

2024's my personal target as the earliest we'll see another rally, and yes that seems a bit cynical but I do enjoy preparing for the worst (and was right about 2021 when all the Bitcoin prophets were trumpeting rallies in 2019).

100k BTC would probably be about right too. Last ATH was about 3.4x the 2017 one, I guess even 100% gains on the next ATH would be too much to ask in 2024 (but hey, I'm waiting to be surprised).

BTC has always put a great surprised to everyone of us, 2017, then 2021 bull run.

So yeah, $100k might be in the target next around 2024-2025. Still very far though, but that's what we said in 2018 and then suddenly we are in the halving. So again, we need to be resilient and endure this bear market. Because at the end of it, there will be a massive and 'raging' bull run as the OP described.

[Wong Gendheng]

The daily transaction volume of cryptocurrencies continues to increase, this proves that the market is very promising to make us big profits, when the market is rising then the best thing is to always monitor prices, if daily trading then sell immediately when you have 5% profit, don't hold it too long because the market sometimes unpredictable and red again.

[Reid]

Stagnant after the crash could be the best to describe it. I don't see a bull market happening just yet with the economy down for most of the countries.
They say it's best to invest at this type of season but what will you invest if you are afraid there will be no food in the table if you risk it for something else.
Let's just see if the economy will be better if ever the war ends and we are clear from the pandemic, maybe at that moment we will see good changes in the market.

[YOSHIE]

Other cryptocurrencies fell too and people started to wonder whether this fall would be permanent, but will crypto rise again?

The crypto market, in terms of almost the same as the real market, there are certain times where you have to buy goods at high prices and low prices, Have you ever come across a market that sells permanent goods, without going up and down, of course the answer is no.

For that, what is happening in the crypto market and also the type of crypto at this time is also the same, maybe you can now buy at a low price and sell it when the price soars, when does that happen, now that's a question mark, basically, maybe this is a bear market happening, wait for the bull to rise you will realize everything is not permanent.

[ultrloa]

The daily transaction volume of cryptocurrencies continues to increase, this proves that the market is very promising to make us big profits, when the market is rising then the best thing is to always monitor prices, if daily trading then sell immediately when you have 5% profit, don't hold it too long because the market sometimes unpredictable and red again.

Normally this happen after the market suffer from huge collapsed and for seeing the transaction became more higher again we can say that investors are now back on action towards playing on its volatility. Although there's something good happen still we need to be careful since for sure more dump will came so better sold if there's a profit already and there's low chance that we can experience a bull run this year.