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

[Rengga Jati]

The market is red, and every cryptocurrency is crashing. Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?

So far, I am still watching, but now I am preparing for DCA because the BTC price has started to drop closely to $20k, maybe it will be under $20k soon??

What will happen next?

Once more, we will not know if the price will keep dropping or not, but seeing the period and the market crash, it may be still ongoing. Just watch them and control our emotions.

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

Let's see in 2024  or 2025

[Rigon]

Cryptocurrency is currently collapsing. And the total crypto market cap is now less than $1 trillion.

The market is red, and every cryptocurrency is crashing. Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?


What will happen next?

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

The current condition of the market, looking at this condition, seems to be further down.However, this market needs ample time to recover. Maybe the market will not recover by 2022.If we look at the market we can see in the past but there are many cases of dumping.Looking at that past, I can say that even if the market rises, we still have to wait a long time.

[crwth]

There are a lot of people who are probably cashing out since the total market capitalization is now less than a trillion dollars. This is an excellent opportunity for people who want to get into cryptocurrency since it has been down from the top. The best approach would be DCA-ing the market instead of timing it.

What would happen next? We can never know unless it happens.

For the market to recover, we also don't know because if we do, a lot more people would probably be rich. It's just that they believe in the asset. That's why they continue to buy more of it.

[goldkingcoiner]

Recover? Recover from what, a dip? 

Bitcoin has lost absolutely no value. Its the altcoins which are superficially dragging down the price of Bitcoin but thats short term. How short term? Thats hard to say when youre unsure of how far Bitcoin adoption will be in the near future.

The last time Bitcoin had a scare, it still rebounded and even got to 60k. I think the next rebound will be over 100k definitely. Maybe even 200k+ if we are lucky. I am looking at the monthly development so if I had to take a guess, maybe half a year?

[LouVandetta]

What will happen next?

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

What's going to happen next? Well, either it continues to crash or maybe bounce back up. Still tho, when you thought we're already in the bottom of the dip but it turns out it's still dipping further down. That's just how the market works. You can't really guess when for them to recover. I mean like, it looks like some people are hoping that it crashes more than it already is because they want to to enter the market at the bottom if it didn't go any deeper tho. Today's market condition is looking a bit better than yesterday's or the day before, so maybe it's starting to recover? Well, I"m just gonna keep a close watch then.

[GreatArkansas]

(....)

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

Let's see in 2024  or 2025

My hope now is the cycle of Bitcoin block halving.
As I noticed especially on the previous price action of Bitcoin, the bitcoin block halving event of Bitcoin is one of the important events in the cryptocurrency market. There we see some price action upward when the Block halving is near.
So I am expecting year 2024, months before the block halving maybe the recovery will start.

[BobK71]

Cryptocurrency is currently collapsing. And the total crypto market cap is now less than $1 trillion.

The market is red, and every cryptocurrency is crashing. Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?


What will happen next?

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

We have just entered the bear market. The day before yesterday I also saw a big crash which has affected the entire crypto market. This is the highest crash I can say since the last 2020. This is not to say that there will be an uprising movement very soon. Investors will have to take preparation, which will take time. However, the beer market is the pre-spot of the bull market. So wait patiently and have the possibility to get more.

[jaberwock]

Cryptocurrency is currently collapsing. And the total crypto market cap is now less than $1 trillion.

The market is red, and every cryptocurrency is crashing. Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?

Of course the best thing to do is dollar cost averaging or dca in short, for both bitcoin and ethereum so that you won't miss any of the opportunity that comes from them. If you will wait for a further drop, there might be no guarantees that it can happen again because the market is already dumped too much and those who have waited for this moment have already started buying, so soon there is only a reversal that will happen.

If you truly wanted for the market to recover, then don't just wait and sit there but do some actions. Help the others that are currently buying now as the more the people that will do it, the faster the recovery is.

[cabron]

It will still take months to a year like last two bear market I've seen in the past. Seem nothing had changed, the supercycle is a lie kinda like giving a newbie false hope.

Since the price fell down to 20k, the market will keep retracing this support line for weeks and if unsucessful for probably a month or 2, this could  mean a gradual bounce. Not an investment advice though.

from your perception What and when do you think the market will be in equilibrium state. Because i believe that cryptocurrency can get itself accelerated as i portrayed from the first comment after this yea. Because looking from the previous analysis of people early this year, it tells that market can can get elevated like 2024 and 2025, nothing like experiencing of bullish market because of the volatility of cryptocurrency this season. But for the scenario of it value been dropped to 20k. I consciously believe that the falling will not exceed below 20k.

If the price break the 20k support, expect those predictions.like 13k to be possible too. There is nothing tonhappen but just like the old long bear market of crypto that fan only rise just when people don't expect to happen.

The halving is usually the reason for another bull trend so yep 2024-25 it is. Its not that far anyway were almost over with 2022.

[virasisog]

(....)

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

Let's see in 2024  or 2025

My hope now is the cycle of Bitcoin block halving.
As I noticed especially on the previous price action of Bitcoin, the bitcoin block halving event of Bitcoin is one of the important events in the cryptocurrency market. There we see some price action upward when the Block halving is near.
So I am expecting the year 2024, months before the block halving maybe the recovery will start.

Bitcoin halving will have a huge positive impact on the market situation. It will take quite a long time before we reach that again. However, since the market is crashing continuously, it will be better if we'll embrace the situation and take advantage of it. Accumulate potential coins as much as possible while we can still afford them.

[sklopan]

I think it won't take long. It should be understood that the market has changed markedly. And given the current situation, the resumption of the functioning of the market still needs a lot of time ...

[lalabotax]

Based on the previous cycle of bearish and bullish, the market may be not be abke to recover soon. The market will still continue dropping. Right now, I am thinking of holding all assets. Because it may need 2 years or more or less again to recover.
The bullish may come after its Bitcoin halving. And altcoins will follow Bitcoin condition.

[Taskford]

Cryptocurrency is currently collapsing. And the total crypto market cap is now less than $1 trillion.

The market is red, and every cryptocurrency is crashing. Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?


What will happen next?

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

If there's someone who can predict on when the price of crypto go down or when it recovers for sure they will be so rich. But unfortunately the market remains unpredictable that's why many experience traders keep losing because the only thing they have is an idea which doesn't strike accurately. But in the case on what's currently happening at the moment provably it will take long for bitcoin to recover and reach again on its last ATH or even lower to that figures.

[Vaculin]

Cryptocurrency is currently collapsing. And the total crypto market cap is now less than $1 trillion.

The market is red, and every cryptocurrency is crashing. Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?


What will happen next?

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

The crypto market is really bloody at this moment and there’s no way we will be able to know when will this stops. But isn’t a great opportunity to enter the market and buy a lot of bitcoin for your portfolio? Consider doing DCA because that will increase your purchasing power for bitcoin. Don’t anticipate for quick profits, just learn to ride the present market condition and everything good will follow through once the market recovers and bitcoin will skyrocket.

[stomachgrowls]

Cryptocurrency is currently collapsing. And the total crypto market cap is now less than $1 trillion.

The market is red, and every cryptocurrency is crashing. Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?


What will happen next?

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

The crypto market is really bloody at this moment and there’s no way we will be able to know when will this stops. But isn’t a great opportunity to enter the market and buy a lot of bitcoin for your portfolio? Consider doing DCA because that will increase your purchasing power for bitcoin. Don’t anticipate for quick profits, just learn to ride the present market condition and everything good will follow through once the market recovers and bitcoin will skyrocket.

People who are just new will be the ones or likely the one will really be freaking out and getting stressed on times like these on where market is something that cant really be known on where it would

be heading or going.How long it would recover? No one knows and this is something the very common question that we do have on everytime the market do make out some significant move.
Questions asked every corner on when and how? Best or the ideal thing to be done is to set yourself into a position where you could  really take advantage with these market movements.
You cant just rely on something without doing any actions.

[Bhig Daddy]

It will take time but most definitely it will get back up, I even happy and wish it will drop more because there are a lot of shitcoins who needs to be wiped out. So if you are new it normal to get worried over the fall of bitcoin.

[Inspiron14]

Cryptocurrency is currently collapsing. And the total crypto market cap is now less than $1 trillion.

The market is red, and every cryptocurrency is crashing. Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?


What will happen next?

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

If there's someone who can predict on when the price of crypto go down or when it recovers for sure they will be so rich. But unfortunately the market remains unpredictable that's why many experience traders keep losing because the only thing they have is an idea which doesn't strike accurately. But in the case on what's currently happening at the moment provably it will take long for bitcoin to recover and reach again on its last ATH or even lower to that figures.

Yes basically it is not that easy to predict the market and even though we have tried to do something it does not mean that it can guarantee that we know what the market will be like,
apart from that, keeping abreast of market developments and doing analysis also remains important

[sumant]

 BTC price has not come below 20k , I think market will going to stable on this rate so there is absolute chances of market to recover from here. Every big altcoins now gaining good volume toward their value. We can say that in two months time market will going to very supportive to us and taking entry now is good decision to make good profit in future.

[Desscount]

According to the Bitcoin Chart, I think this is already a bottom, because Bitcoin support at $20k has also been touched,
yes it could go down again at least $19k, but I think it will be just wicks,
because it is an institution, even big investors I believe they are won't let Bitcoin price go any lower,
and I'm sure Q3-Q4 bitcoin will recover, so will altcoins, so stay hold

[m2017]

I wish it would drop further more. There's still sooo much overpriced trash everywhere that we need a bigger wipeout of most of the trashy altcoins. Blockchain based games in the billions but yet has little to no players, like what. We need to nuke 'em all.

That is, do you think that the industry needs to be "cleansed" and what is happening will only benefit?

Cryptocurrency is currently collapsing. And the total crypto market cap is now less than $1 trillion.

The market is red, and every cryptocurrency is crashing. Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?

It's up to you to decide, personally. Bitcoin assumes personal responsibility for one's money and actions. This is the price of financial freedom that bitcoin offers.

What will happen next?

Nobody knows and it was naive to ask. Also, I would not believe those who will predict this for you, because no one knows the future.

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

My guess is that the crypto market recovery will take a long time. Perhaps a few years, because, in my opinion, the fall is significant and it can't be restored at the "snap of a finger". Another important point is that the geopolitical and economic situation in the world is in an extremely unstable position, which undoubtedly affects the entire crypto industry. It is difficult to make predictions in a rapidly changing world where events are sudden and very unpredictable.