Cryptocurrency Huge Down from ATHs. what will happen the next ?

[Silberman]

Cryptocurrency is now in a big crashing. And whole crypto marketcap now under $1Trillion. What will the next? and How long do you think it will take for the market to recover?

I think that is information that all of us would like to know, but since that is not the case we can only speculate, the drop we are seeing in the market this time is not really its fault, all the markets went down and investors are worried about the possibility of a recession taking place so people are not really optimistic about our economic prospects, while politicians simply ignore this and keep taking all kind mistaken decisions, so if I were to guess I think things will get even worse and this could affect the price of bitcoin again.

[1715169816]

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[BobK71]

Cryptocurrency is now in a big crashing. And whole crypto marketcap now under $1Trillion. What will the next? and How long do you think it will take for the market to recover?

The collapse of the crypto market is nothing new. We see some small and big fall down last year  we also see the recovery and get the ATH. There are many crypto experts who always suggest when the market get drastically down or collapse that would be an opportunity instead of threat. Experts always say that discard the theory that the market is dead. So in this situation it is a good opportunity to buy and finally investors required some patience which is the main key to get success.

[carlfebz2]

Cryptocurrency is now in a big crashing. And whole crypto marketcap now under $1Trillion. What will the next? and How long do you think it will take for the market to recover?

The collapse of the crypto market is nothing new. We see some small and big fall down last year  we also see the recovery and get the ATH. There are many crypto experts who always suggest when the market get drastically down or collapse that would be an opportunity instead of threat. Experts always say that discard the theory that the market is dead. So in this situation it is a good opportunity to buy and finally investors required some patience which is the main key to get success.

If you've been here on this market for a while now or after how many years then drops like this wont really scare you out but instead you would be rather seeing this as an opportunity for you to get in but with some

mix of those rumors on hitting 8k then it is really unavoidable for you to think and wait up even more further.Dont know on whats their basis on such speculation but there would be always the probability.

Market couldnt really be just having that increasing price forever.Expect for something like this to be part of the cycle on which there would be those red candles or crashes that could really happen
along the way.

[virasisog]

Cryptocurrency is now in a big crashing. And whole crypto marketcap now under $1Trillion. What will the next? and How long do you think it will take for the market to recover?

The collapse of the crypto market is nothing new. We see some small and big fall down last year  we also see the recovery and get the ATH. There are many crypto experts who always suggest when the market get drastically down or collapse that would be an opportunity instead of threat. Experts always say that discard the theory that the market is dead. So in this situation it is a good opportunity to buy and finally investors required some patience which is the main key to get success.

The bearish market situation usually happens and it already occurred lots of times so I'm wondering why others still fear it. If the bear market doesn't happen, we won't get a chance to buy high potential coins at cheaper prices. All good coins can drop to their lowest price but they always recover later on. If we're doubting potential coins during this season, we better check how they moved during the previous bearish seasons.

[sklopan]

I have the impression that in the near future the price will return to its previous level. With that, there is even a possibility that the price will be higher than before.

[Finestream]

This is not happening for the first time I guess?
When Bitcoins were around 20k usd, it once went down to 3k usd and they again it started recovering.
Same is happening now.
I would suggest all the members to not panic and show some patience.
Give some time to market and wait.
Once Bitcoins start gaining the pace and rise in price, all altcoins will also follow it’s lead.
In the meantime buy as much as Bitcoins if possible and wait for the market to skyrocket.
Hope everyone will make good profits when this bearish season ends.

True. History only repeats itself. And instead of panicking, we should learn from it. If bitcoin drops down to zero value, that's the only time we should start panicking because it can hardly recover from that. But as long as bitcoin never loses its value, no matter how low it would drop, it will always influenced other crypto coins once its own price boost again. For now, let's enjoy the scene and make sure to buy in the dips particularly for bitcoin. We will still be profitable when bull run takes over if we always take advantage with the current dips.

[Natalim]

What happens next?
That is pretty simple, whether we do the recovery - if people will hold and accumulate more, or it drops more - if people will do panic selling.
But upon seeing the market sentiment by now, we see some light of it, a few more ups are somewhat giving us a view of possible recovery. We indeed do not lose our hands and become hopeless, instead still being optimistic. We have done this situation before and for sure we can still manage to do this again.

[adzino]

-snip-

Information posted my Watcher.Guru https://twitter.com/WatcherGuru/status/1536369486152060930?t=iEd5355q_Gl1MR8uNB-xKA&s=19

Cryptocurrency is now in a big crashing. And whole crypto marketcap now under $1Trillion. What will the next? and How long do you think it will take for the market to recover?

Nothing new. The market reaches ATH and then a correction takes place. The price falls, it recovers and then a new ATH takes place. What will be next? No one knows. The price may fall further, or it may stick to the current price for weeks or it may start recovering tomorrow. You are asking questions that no one can answer. People are only going to guess or speculate what is going to happen next. Don't take any decisions based on those speculations. Right now, if you can afford to invest, then invest. Buy the dip and maximize your profit.

[rozak]

What happens next?
That is pretty simple, whether we do the recovery - if people will hold and accumulate more, or it drops more - if people will do panic selling.
But upon seeing the market sentiment by now, we see some light of it, a few more ups are somewhat giving us a view of possible recovery. We indeed do not lose our hands and become hopeless, instead still being optimistic. We have done this situation before and for sure we can still manage to do this again.

the market is showing improvement although slightly. but this is too short. be careful with bull traps, this often happens when the market is bouncing fast.
Bitcoin will retest in a few days, if Bitcoin is strong and maintains its position, it will be good for market movement and we are ready to enter. but my estimate, correction may happen again. so one should be careful if one wants to enter at this time.

[justdimin]

Let your emotions just settle down and relax. The more we keep seeing and checking the market, the more increase our worries, we'd rather step back and make busy with other stuff in order to divert our mind from the downtrend. We can't be losing unless we don't sell, just hold and wait for the recovery. may this bear season stay for a while, might in several months but we don't get lose our mind and hope as the bull season will come next after this.

Emotions are not good for trading, if you have any type of emotion while trading then you are going to end up losing money. There are so many people who saw the price going down, and they got scared and being scared is an emotion which you shouldn't do at all. I have to say that the best thing about current climate in crypto is the fact that it has eliminated a ton of people who shouldn't be trading to begin with.

You could avoid being like that, or you could be like that and recover from it. This is why there will be maybe less people, maybe less money, but a stronger rise in the future, with people who have diamond hands and can hold for a long time.

[serjent05]

Cryptocurrency is now in a big crashing. And whole crypto marketcap now under $1Trillion.  and

This kind of crash isn't new.  For a long-timer in crypto, I think this is the third time we saw this kind of major crypto market crash, 2014, 2018, 2022,

What will the next?

Well, what is next to a bear market, definitely it will be the bull market.  So I think after this dip, we can another series of ATH breaking trends for Bitcoin and other strongly founded cryptocurrencies such as ETH, BNB, etc.

How long do you think it will take for the market to recover?

Others say that reversal may possibly happen on or after September but I think it will start to recover after the 2nd quarter of next year due to the incoming Bitcoin halving in May of 2024.

[Vaculin]

#Bitcoin -65.8%
#Ethereum -74.9%
#BNB -67.8%
#Cardano -85.4%
#XRP -90.9%
#Solana -89.8%
#Polkadot -87.9%
#Dogecoin -92.6%
#WBTC -66.6%
#Tron -72.8%
#ShibaInu -91%
#Avax -89.6%
#FTX -70.4%
#CRO -87.7%
#LTC -89.7%
#Chain -24.9%
#Polygon -85.9%

Information posted my Watcher.Guru https://twitter.com/WatcherGuru/status/1536369486152060930?t=iEd5355q_Gl1MR8uNB-xKA&s=19

Cryptocurrency is now in a big crashing. And whole crypto marketcap now under $1Trillion. What will the next? and How long do you think it will take for the market to recover?

As long as the bearish season is not over, all of them will eventually fall lower than their current prices. That is always expected, and to think that its not the first time to happen, then we should know that the market is only repeating its history. And once positive news fill in the market, bitcoin will dominate again and influence the whole crypto coins with its positive price. But the problem is, we can't tell when positivity hits the market again.

[Silberman]

Let your emotions just settle down and relax. The more we keep seeing and checking the market, the more increase our worries, we'd rather step back and make busy with other stuff in order to divert our mind from the downtrend. We can't be losing unless we don't sell, just hold and wait for the recovery. may this bear season stay for a while, might in several months but we don't get lose our mind and hope as the bull season will come next after this.

Emotions are not good for trading, if you have any type of emotion while trading then you are going to end up losing money. There are so many people who saw the price going down, and they got scared and being scared is an emotion which you shouldn't do at all. I have to say that the best thing about current climate in crypto is the fact that it has eliminated a ton of people who shouldn't be trading to begin with.

You could avoid being like that, or you could be like that and recover from it. This is why there will be maybe less people, maybe less money, but a stronger rise in the future, with people who have diamond hands and can hold for a long time.

While I agree that there are many people that should not be trading as they do not have what it is necessary to become successful, at the same time it is a shame that something like this has to happen for them to realize their lack of experience and knowledge, they should have known they were not ready to trade the markets and they decided to do so anyway, and now they are suffering awful consequences because of it, consequences they could have avoided by just staying away from this market or by studying the markets and acquiring the necessary skills to trade them effectively.

[Viscore]

#Bitcoin -65.8%
#Ethereum -74.9%
#BNB -67.8%
#Cardano -85.4%
#XRP -90.9%
#Solana -89.8%
#Polkadot -87.9%
#Dogecoin -92.6%
#WBTC -66.6%
#Tron -72.8%
#ShibaInu -91%
#Avax -89.6%
#FTX -70.4%
#CRO -87.7%
#LTC -89.7%
#Chain -24.9%
#Polygon -85.9%

Information posted my Watcher.Guru https://twitter.com/WatcherGuru/status/1536369486152060930?t=iEd5355q_Gl1MR8uNB-xKA&s=19

Cryptocurrency is now in a big crashing. And whole crypto marketcap now under $1Trillion. What will the next? and How long do you think it will take for the market to recover?

This is not the first time to happen in the market, and its very apparent that bitcoin has been here before. What's next? The market will even go for a deep bearish, but as always its still bound to recover after reaching bitcoin bottom's price. And unfortunately, no one can tell what will be its bottom price as no one can precisely tell how long this market will recover. So keep the faith, as this is what crypto market is all about, like a roller coaster. For now, enjoy the ride and maximize your purchase with bitcoin.

[|MINER|]

-snip-

If you see the previous history of Cryptocurrency you will  find there this types of incidents already  happen here. If you look at the bearish market 2k18-19 after the bull-run of 2k17 almost the same thing happened there. But after 2k18-19  market again return back to bull 🐂 . It is being heard  that 2022 and 23 markets will be bearish and market bull will run again in 2024. Now let's hodl and see what's going to happening

[stomachgrowls]

-snip-

If you see the previous history of Cryptocurrency you will  find there this types of incidents already  happen here. If you look at the bearish market 2k18-19 after the bull-run of 2k17 almost the same thing happened there. But after 2k18-19  market again return back to bull 🐂 . It is being heard  that 2022 and 23 markets will be bearish and market bull will run again in 2024. Now let's hodl and see what's going to happening

If  you've been here on this market then these conditions wont really make yourself freaking out and telling that it would really be gonna be the end of the market which is something bullshit for you to believe on but instead you would be treating this as some ordinary day that we do have in crypto where market could neither be bearish or bullish depending on the trend.

You cant really able to tell it on the first place on what it would be thats what makes it unpredictable on the first place.Huge down could happen and huge pump could also happen too.
Speculations would be a never ending thing and this would really be your primary routine when dealing on crypto space where price will be always unpredictable.

[lalabotax]

Isn't it clear that right now is a bearish period so all crytos will experience a very drastic decline? This has happened before, even worse. Maybe the difference is because the decline this time happened very quickly, faster than we expected, moreover we were still expecting a new ATH again a few months ago, but what happened was just the opposite, the crypto market was getting closer to the bearish era.

[Jatiluhung]

I looked at the annual chart of cryptocurrencies and indeed the decline in this year even has the potential for a decline that will continue and will be a long bear market year like after 2018. But it turns out that behind it all also makes this a good time to start collecting potential coins for held long term. I also collect some coins. and save it. I use money that is ready if I lose. so my mental will stay awake.

[tvplus006]

...It is being heard  that 2022 and 23 markets will be bearish and market bull will run again in 2024. Now let's hodl and see what's going to happening

This opinion is based on the fact that the next halving of bitcoin will occur in 2024, which will once again lead to a 2-fold reduction in the reward. It was after the past halving that the bitcoin price reached ATH and it is obvious that the next halving will lead to similar consequences.

[cheezcarls]

#Bitcoin -65.8%
#Ethereum -74.9%
#BNB -67.8%
#Cardano -85.4%
#XRP -90.9%
#Solana -89.8%
#Polkadot -87.9%
#Dogecoin -92.6%
#WBTC -66.6%
#Tron -72.8%
#ShibaInu -91%
#Avax -89.6%
#FTX -70.4%
#CRO -87.7%
#LTC -89.7%
#Chain -24.9%
#Polygon -85.9%

Information posted my Watcher.Guru https://twitter.com/WatcherGuru/status/1536369486152060930?t=iEd5355q_Gl1MR8uNB-xKA&s=19

Cryptocurrency is now in a big crashing. And whole crypto marketcap now under $1Trillion. What will the next? and How long do you think it will take for the market to recover?

Despite that we all are hoping for a market recovery as soon as possible, I’m afraid that there’s no exact timetable for us to see that. Even the “BER” months won’t guarantee or promise us about the recover, as most of us are having a mindset about bull runs in the Q4 of every year. However, that is not always the case.

There are some uncertainties going on in the crypto market nowadays due to numerous hacks, scams, exploits, rug pulls, etc., that cannot be stopped because the hackers and scammers are using their “gifts” or “hidden talents” to do whatever they can to find a backdoor even if it means failing many times in their attempts.

We just have to be smarter than the hackers by using common sense and learn about “second thoughts” or seeking second opinion before taking action in a certain activity like fake or suspicious giveaways, downloading fake files which contains malware, etc.