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

[xSkylarx]

-snip

For me crypto won't recover anytime soon and will just start early 2024 because of bitcoin halving event. Despite of this bear season, this is a big opportunity for us to buy those coins you said  and hold them until the next market cycle because most of them are almost down 100%. Once this bear season ends and cryptocurrencies starts to go parabolic again, it won't be difficult to earn double of our investment.

[1714775047]

1714775047

[1714775047]

1714775047

[1714775047]

1714775047

[BobK71]

For a long time after 2020, Crypto had a bull market but recently we see that BTC prices are now at their lowest level since 2020. Which has been considered as the beginning of the bear market. crypto experts speculating that Bull run may start again at the end of this year or later this year. Some specialist predict that the market could dump more. Basically, the global situation is bad, especially Russia and Ukraine war affected all over the world. Inflation has occurred in almost all countries of the world. ‍In this regard market can take longer time to start the bull.

[Sanitough]

#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?

Of course the market will experience more crypto prices decline since this bear market will still be here for quite couple of months, or maybe a year who knows. And if history allows, what happened in the past will also be a thing in the present. After all this bloody market scenario, eventually we will witness prices skyrocketing when the market turns green and bullish. So just keep on buying these days and do it through DCA.

[dataispower]

The market is bloody. We don't even know what part or year of history is repeating itself. Hopefully this might just be a sign to the end of the bearish season.Buy all you can if you have the funds but also know that not trading at the moment is also a form of trading especially for those who have their funds stuck in other alt coins , even in BTC. Alts do not respond immediately like BTC but will respond with time

the bearish is the time all hope's in cryptocurrency is lost and people who has being into since cryptocurrency started does not hesitate or delays to utilize the cryptocurrency system of government and cryptocurrency kind of investment. It's few who knows what is value of bitcoin. Is you buy bitcoins now the price is drastically low and stuck them for the one's that have value when bullish market meet up the investment all the coins bought will be double.

[Smack That Ace]

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 we cannot do anything else at this point besides wait and observe the market. Those who still hold usdt can monitor the market daily to choose the appropriate dca point, if you buy it you should wait.

It has happened before and most recently in 2018, the market will experience bearish days and certain bullish days will come. It's only a matter of time, whoever is patient to the end will be the winner

[ItsCrafty]

Its true that the market is at very cheap in worth and is declining more faster, the values of tokens are not everlasting they varied rapidly and no one can make a decision about the price in future. Today the price will be elevated but may be next time it become more minor. So everyone should make decision watchfully of selling a particular coin at such a lesser value of crypto industry. Almost all the coins become more decline as compared to their original values. But this will not be forever and will recover back very soon.

[Quidat]

Its true that the market is at very cheap in worth and is declining more faster, the values of tokens are not everlasting they varied rapidly and no one can make a decision about the price in future. Today the price will be elevated but may be next time it become more minor. So everyone should make decision watchfully of selling a particular coin at such a lesser value of crypto industry. Almost all the coins become more decline as compared to their original values. But this will not be forever and will recover back very soon.

Market price do really depends on the community demand which is also been affected with market sentiments which is also a factor that could really make out some effects which make price is
so unpredictable.We cant just able to see a market to have one path to take which is going up and there is indeed a time where it would really be going down.
This is why traders should really be versatile on whatever decisions they would be making basing up on the market condition.If we do go deep down from the ATH
then it would be an opportunity for us to go deep.

[TelolettOm]

Its true that the market is at very cheap in worth and is declining more faster, the values of tokens are not everlasting they varied rapidly and no one can make a decision about the price in future. Today the price will be elevated but may be next time it become more minor. So everyone should make decision watchfully of selling a particular coin at such a lesser value of crypto industry. Almost all the coins become more decline as compared to their original values. But this will not be forever and will recover back very soon.

When talking about top coins such as Bitcoin, BNB, Ethereum, and other top coins, maybe we still have a fairly high belief that they will have an increase in the future, especially in the bull era. However, for tokens like you talked about, especially new tokens that will either survive or not, it will be a bigger risk if you want to hold. It could be that we will be very lucky because we keep the tokens until they are bullish so we meet a fairly high price spike. But on the other hand, the token price could be getting smaller, the volume getting lower, and eventually becoming dead coins. This will actually have a bad effect. That's why we need to watch out for when we want to invest, first understand our target, to determine what kind of coins or tokens are the most suitable.

[Lanatsa]

Its true that the market is at very cheap in worth and is declining more faster, the values of tokens are not everlasting they varied rapidly and no one can make a decision about the price in future. Today the price will be elevated but may be next time it become more minor. So everyone should make decision watchfully of selling a particular coin at such a lesser value of crypto industry. Almost all the coins become more decline as compared to their original values. But this will not be forever and will recover back very soon.

When talking about top coins such as Bitcoin, BNB, Ethereum, and other top coins, maybe we still have a fairly high belief that they will have an increase in the future, especially in the bull era. However, for tokens like you talked about, especially new tokens that will either survive or not, it will be a bigger risk if you want to hold. It could be that we will be very lucky because we keep the tokens until they are bullish so we meet a fairly high price spike. But on the other hand, the token price could be getting smaller, the volume getting lower, and eventually becoming dead coins. This will actually have a bad effect. That's why we need to watch out for when we want to invest, first understand our target, to determine what kind of coins or tokens are the most suitable.

There's no other way on which these prices would be going but only up or down and since we are currently on a dumping state or bearish market then it would be no surprise that recovery or change of trend will

really be happening on upcoming months or years to come but its totally unpredictable and this what makes things hard to predict on and the main challenge whenever you do touch up on this market.

We are down on huge percentage from ATH, yes its true but doesnt mean that it is already over.Despite on panicking then it would be wise on seeing these situations as an opportunity
rather than on being a threat or danger.

[sayaya17]

Its true that the market is at very cheap in worth and is declining more faster, the values of tokens are not everlasting they varied rapidly and no one can make a decision about the price in future. Today the price will be elevated but may be next time it become more minor. So everyone should make decision watchfully of selling a particular coin at such a lesser value of crypto industry. Almost all the coins become more decline as compared to their original values. But this will not be forever and will recover back very soon.

When talking about top coins such as Bitcoin, BNB, Ethereum, and other top coins, maybe we still have a fairly high belief that they will have an increase in the future, especially in the bull era. However, for tokens like you talked about, especially new tokens that will either survive or not, it will be a bigger risk if you want to hold. It could be that we will be very lucky because we keep the tokens until they are bullish so we meet a fairly high price spike. But on the other hand, the token price could be getting smaller, the volume getting lower, and eventually becoming dead coins. This will actually have a bad effect. That's why we need to watch out for when we want to invest, first understand our target, to determine what kind of coins or tokens are the most suitable.

There's no other way on which these prices would be going but only up or down and since we are currently on a dumping state or bearish market then it would be no surprise that recovery or change of trend will

really be happening on upcoming months or years to come but its totally unpredictable and this what makes things hard to predict on and the main challenge whenever you do touch up on this market.

We are down on huge percentage from ATH, yes its true but doesnt mean that it is already over.Despite on panicking then it would be wise on seeing these situations as an opportunity
rather than on being a threat or danger.

For people who are experienced and have good knowledge of the crypto world, consider it natural for cryptocurrencies to experience a deep decline
in bear market situations. What is happening now has happened before, so we don't really need to panic seeing the current situation. As you said
we don't have to worry about the crypto price dropping far enough from the ATH price, and should be able to look at it from the positive side.
Where this decline provides an opportunity for us to buy potential coins at low prices, because usually the potential coins can always recover
even though it has decreased quite deeply. In fact, I am very optimistic that some coins will reach new ATH when the bull market comes.
That is the importance of studying the crypto world properly from a trusted source, so that we understand how the crypto market works.
So we will not make the wrong decision when a bear market occurs like now, where all coins have experienced a very deep decline.

[sumant]

If you say huge down but i think all time down has not yet come.Next things will be all to me low. Crypto has been challenging assets for our society. It has given huge returns but now crypto has become a very controversial assets when everybody don't have any solution or criteria to help people who has invest in this projects. Any prediction about crypto making is just a joke very difficult to predict.

[Munir575]

That is fairly straightforward whether we experience a recovery depends on whether individuals will hold onto their money and build greater wealth, or if they will panic sell. However, after observing the current market sentiment, we can make out part of it a couple more ups are somewhat providing us with a view of a potential comeback. We do not give up and lose hope, but rather, we maintain our optimism. We have dealt with this scenario before, therefore we can do it again with ease.

[Alert31]

Not just in crypto...everything is down worldwide. Even the economic status of other countries is getting worse every day and others are still not able to recover economically so cryptocurrency is also affected. For those with a positive outlook on crypto, this big down is a great opportunity to accumulate more bitcoins and other potential coins knowing that the market will not stay in a bear market although we never really know when the bull market.

[FanEagle]

People who think we will be even more down are overreacting to a small drop. I get that we were already a bit down but that is how it usually happens, we go down big, then we go down a small amount and then we start to recover and that is where we are right now. I am sure that we are going to be over 20k in no time and even reach 23k quite soon as well in the next 7 days.

However, people see drops and they start to overreact to what we have, and that is a bit of a problem for me, I do not think that we should be considering the situation as easy or should be considering it as difficult, we should be simply considering it as high potential for the future.

[Mauser]

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.

Right now is not the time to worry about ATH in my opinion. We are in a completely different world in 2022 than we were in back in 2021. Times have changed with the Russia Ukraine war, global economic downturn and rising inflation rates. Also many people don’t speak about it, but we are still fighting with covid. The virus keeps mutating and the vaccines are not effective anymore in stopping the spread. I keep hearing about people who are 4th vaccinated and still get infected with the new variants. That is why the Bitcoin and other crypto prices can't be at their ATH again with all that uncertainty in the world. What is happening next are we seeing right now, the bitcoin price is moving around the 20k USD barrier. It rises up a few weeks only to bounce back down again. Long term we will see another bull market and hopefully new ATH in the next year, but right now I think prices will remain pretty much constant with a high volatility in the market.

[livingfree]

Not just in crypto...everything is down worldwide. Even the economic status of other countries is getting worse every day and others are still not able to recover economically so cryptocurrency is also affected.

Those countries that are still not yet recovered with their economy are really facing the worst from this financial and world crisis. Inflation is getting higher and each country can't skip it.

For those with a positive outlook on crypto, this big down is a great opportunity to accumulate more bitcoins and other potential coins knowing that the market will not stay in a bear market although we never really know when the bull market.

Well, the usual suggestion we're having when the market is down. It's all about buying at the lowest and taking it as the opportunity that we might not see ever again.

Or if we're going to see it again, it will take time until we come back to this situation that we're having. Cheaper prices for the best cryptos in the market and some still don't like it.

[Nrcewker]

People who think we will be even more down are overreacting to a small drop. I get that we were already a bit down but that is how it usually happens, we go down big, then we go down a small amount and then we start to recover and that is where we are right now. I am sure that we are going to be over 20k in no time and even reach 23k quite soon as well in the next 7 days.

However, people see drops and they start to overreact to what we have, and that is a bit of a problem for me, I do not think that we should be considering the situation as easy or should be considering it as difficult, we should be simply considering it as high potential for the future.

That’s the basic nature of Bitcoins to be honest.
But people here are giving panic attacks to be honest by these eye catching phrase.
I mean it’s normal if the price of Bitcoins or other alts falls down. This doesn’t mean that Bitcoins are extinct from the world.
When there is a price drop, always be prepared for price pump also. This is the part of trading only. Ups and downs.

[tvplus006]

Well, the usual suggestion we're having when the market is down. It's all about buying at the lowest and taking it as the opportunity that we might not see ever again...

All the coins indicated by OP can bring a very large profit in the long term, and given the current state of the market, it is necessary to start shopping already. Even if the decline continues, there will definitely be corrections that will allow you to sell and buy with a further decline.

[ethereumhunter]

#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?

The next thing that can happen is the crypto market will bounce and will start to increase and I hope it will happen this month or next. We do not know how long the market will recover but we can wait for a while and prepare by buying any potential coins, especially buying bitcoin at a price now or before. Bitcoin will make a new ATH in the next bull market and the altcoin will follow behind bitcoin so we will go back to make a big profit like before. But before we see that moment, there will be many speculations from other people and you should be careful.

[savetheFORUM]

Well, the usual suggestion we're having when the market is down. It's all about buying at the lowest and taking it as the opportunity that we might not see ever again...

All the coins indicated by OP can bring a very large profit in the long term, and given the current state of the market, it is necessary to start shopping already. Even if the decline continues, there will definitely be corrections that will allow you to sell and buy with a further decline.

Are you sure all of them? Maybe you missed look something. What about shiba inu and maybe xrp? Although xrp is much safer than shib since it wasn't really a meme coin, more if they win their case. The market seems going on the positive direction already so indeed it is necessary to shop our favorite coins now because this can be the last time to see them at this price point even though the best time for buying is already over.

It was last time when the price are still lower than what we have now. Correction is when the price falls by a certain percentage so it is not a good time to sell but it can be a good time to add more coins in our bags.