Are we going to recover or continue to dump?

[Pamadar]

What are your current opinions on the cryptocurrency market?

This was asked in June 27 2022 when bitcoin traded around $31,792.55 and since then price has been on a consistent dip. Bitcoin is not an asset that can be predicted with chart patterns or news. We trade according to the trend. If it says buy we obey, if it says sell we equally obey and if it say pause we obey.  My current opinion on the crypto market now is obedient to what ever pattern the market forms until a massive bull trend resumes.

So far there's nothing we can do but to follow any sentiments if we are in a day trade business, but if we are aiming for long-term investment.

Buying and holding give us a better chance of compensating huge profits when the market start to pump high.
Though it's not easy for it is, as most of the time we are being controlled by our emotions even we already have
the experienced with the situation, it can't be removed that due to volatility we are still following market sentiments.

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[Oilacris]

What are your current opinions on the cryptocurrency market?

This was asked in June 27 2022 when bitcoin traded around $31,792.55 and since then price has been on a consistent dip. Bitcoin is not an asset that can be predicted with chart patterns or news. We trade according to the trend. If it says buy we obey, if it says sell we equally obey and if it say pause we obey.  My current opinion on the crypto market now is obedient to what ever pattern the market forms until a massive bull trend resumes.

So far there's nothing we can do but to follow any sentiments if we are in a day trade business, but if we are aiming for long-term investment.

Buying and holding give us a better chance of compensating huge profits when the market start to pump high.
Though it's not easy for it is, as most of the time we are being controlled by our emotions even we already have
the experienced with the situation, it can't be removed that due to volatility we are still following market sentiments.

Emotions would be the primary enemy of ours when we do make our investment decisions since this would really be making you hesitating whether you would buy or sell on a particular condition.

Speaking or asking out about market condition then it would really be that hard.There's no way that we could really able to predict on where it would be going but somehow it could

really be done via those analysis been made but it would really be still remaining to be speculative as usual.We dont know on where these market going
and that what makes things always been a challenge.

[Pamadar]

Emotions would be the primary enemy of ours when we do make our investment decisions since this would really be making you hesitating whether you would buy or sell on a particular condition.

Speaking or asking out about market condition then it would really be that hard.There's no way that we could really able to predict on where it would be going but somehow it could

really be done via those analysis been made but it would really be still remaining to be speculative as usual.We dont know on where these market going
and that what makes things always been a challenge.

Speculative and influences by big bag holders, the market is unsure, most investors are fearing for their money.

What we can expect is how we interpret the market, the more we understand the situation
the better we can analyze the possible market run.

It's hard, but if you have that knowledge then there's nothing to ask, just follow your research
and stay calm when most are panicking.

[Mr.right85]

Most investors are probably out of money. Now whale will play their game to spread panic. A quick pump to let patient investors into the market and then dump it so that weak hands can get out of it. A pretty well-planned strategy could be already in place and we just don't know when it will be. Or nothing will happen who knows? It is crypto and that is why it is interesting.

It's a hood thing of you acknowledging the uncertainty part of the whole development but it seems from your comment, your more about the speculation of a dump rather than a rise. Your opinion though and I don't stand to argue that but I think, the market has dumped just well enough with its dip for this bearish market somewhere around $17k.

Imagining a dip below that would be thinking too harshly on the market and a take so bad on investors. I mean, this is a fall from an ATH of $64k. I think the market would or is already slowly correcting itself and would fully be unto the bulls after the halving.

[LUCKMCFLY]

What are your current opinions on the cryptocurrency market?

This was asked in June 27 2022 when bitcoin traded around $31,792.55 and since then price has been on a consistent dip. Bitcoin is not an asset that can be predicted with chart patterns or news. We trade according to the trend. If it says buy we obey, if it says sell we equally obey and if it say pause we obey.  My current opinion on the crypto market now is obedient to what ever pattern the market forms until a massive bull trend resumes.

So far there's nothing we can do but to follow any sentiments if we are in a day trade business, but if we are aiming for long-term investment.

Buying and holding give us a better chance of compensating huge profits when the market start to pump high.
Though it's not easy for it is, as most of the time we are being controlled by our emotions even we already have
the experienced with the situation, it can't be removed that due to volatility we are still following market sentiments.

Emotions would be the primary enemy of ours when we do make our investment decisions since this would really be making you hesitating whether you would buy or sell on a particular condition.

Speaking or asking out about market condition then it would really be that hard.There's no way that we could really able to predict on where it would be going but somehow it could

really be done via those analysis been made but it would really be still remaining to be speculative as usual.We dont know on where these market going
and that what makes things always been a challenge.

It will always be a challenge, but I think that the current situation in the world complicates things more, and perhaps the meaning of all this is going to be an overturning, due to the war rages between RUSSIA and Ukraine and already the president Ruso warned that if Ukraine enters NATO then the 3rd world war will occur, so it is very difficult to operate when there are all these types of threats, at least for me it is very difficult because I am not clear, so I think that my style of trading It is to operate in the medium-long term. I would change in the short term, which I think I would feel safer doing because I feel that I would have more control, but it would not be as fast.

[Luzin]

It's a hood thing of you acknowledging the uncertainty part of the whole development but it seems from your comment, your more about the speculation of a dump rather than a rise. Your opinion though and I don't stand to argue that but I think, the market has dumped just well enough with its dip for this bearish market somewhere around $17k.

Imagining a dip below that would be thinking too harshly on the market and a take so bad on investors. I mean, this is a fall from an ATH of $64k. I think the market would or is already slowly correcting itself and would fully be unto the bulls after the halving.

It is a natural submissiveness if we look at the history of the decline that occurred after the ATH in the previous period. If you count in percent it may be almost the same. Perhaps today the differentiator is the problem of a bad world economy. The world economy will be difficult when the World Bank raises interest rates, but countries cannot get income. It makes the flow of money to crypto may go down because they prefer gold Or even they are sipping the stable coin to wait for the best moment to re-enter the market.

[koang]

It is a natural submissiveness if we look at the history of the decline that occurred after the ATH in the previous period. If you count in percent it may be almost the same. Perhaps today the differentiator is the problem of a bad world economy. The world economy will be difficult when the World Bank raises interest rates, but countries cannot get income. It makes the flow of money to crypto may go down because they prefer gold Or even they are sipping the stable coin to wait for the best moment to re-enter the market.

New normal, all costs will remain high and charged to the taxpayer.
One scenario has played out differently in years past, the miner situation and macro are concerning.
Leaning toward a 2018-style capitulation historically, this is a good entry point
Worst case a fifty percent drop from ATH 2017, that’s a risk. Reward, one thousand percent in a few years. I’ll take that risk.

[milewilda]

It is a natural submissiveness if we look at the history of the decline that occurred after the ATH in the previous period. If you count in percent it may be almost the same. Perhaps today the differentiator is the problem of a bad world economy. The world economy will be difficult when the World Bank raises interest rates, but countries cannot get income. It makes the flow of money to crypto may go down because they prefer gold Or even they are sipping the stable coin to wait for the best moment to re-enter the market.

New normal, all costs will remain high and charged to the taxpayer.
One scenario has played out differently in years past, the miner situation and macro are concerning.
Leaning toward a 2018-style capitulation historically, this is a good entry point
Worst case a fifty percent drop from ATH 2017, that’s a risk. Reward, one thousand percent in a few years. I’ll take that risk.

Not really that bad on being hopeful, whether you do believe about thousand folds or 1M/BTC or something like that to happen then its your choice.All the things we've been dealing should really be accompanied out
with certain risk management which should really be in default.This market is unpredictable as always and there's no way that certain person could know on what the future looks like or what the future holds.
Speaking about investment then it would really be depending on someones risk taking on which it would really vary out whether you would take a certain risk on  investing or not.
No one knows on where the prices would be going but much sure that we arent that blind on not to see the potential basing up on history.

[EarnOnVictor]

It's a hood thing of you acknowledging the uncertainty part of the whole development but it seems from your comment, your more about the speculation of a dump rather than a rise. Your opinion though and I don't stand to argue that but I think, the market has dumped just well enough with its dip for this bearish market somewhere around $17k.

Imagining a dip below that would be thinking too harshly on the market and a take so bad on investors. I mean, this is a fall from an ATH of $64k. I think the market would or is already slowly correcting itself and would fully be unto the bulls after the halving.

It is a natural submissiveness if we look at the history of the decline that occurred after the ATH in the previous period. If you count in percent it may be almost the same. Perhaps today the differentiator is the problem of a bad world economy. The world economy will be difficult when the World Bank raises interest rates, but countries cannot get income. It makes the flow of money to crypto may go down because they prefer gold Or even they are sipping the stable coin to wait for the best moment to re-enter the market.

As far as I am concerned, the worst has gone, cryptocurrencies would not be badly affected again as they had been in the next 2 years. 2023 is the only year between now and halving and the economic woes and inflation that caused the pain for the coins would surely subside with the decisive measures being used by world leaders in checking it. We have neared a recession already, but this does not state that we are in a recession, and it will not be the first time that a reversal will happen at its brink.

[Pamadar]

It is a natural submissiveness if we look at the history of the decline that occurred after the ATH in the previous period. If you count in percent it may be almost the same. Perhaps today the differentiator is the problem of a bad world economy. The world economy will be difficult when the World Bank raises interest rates, but countries cannot get income. It makes the flow of money to crypto may go down because they prefer gold Or even they are sipping the stable coin to wait for the best moment to re-enter the market.

New normal, all costs will remain high and charged to the taxpayer.
One scenario has played out differently in years past, the miner situation and macro are concerning.
Leaning toward a 2018-style capitulation historically, this is a good entry point
Worst case a fifty percent drop from ATH 2017, that’s a risk. Reward, one thousand percent in a few years. I’ll take that risk.

Not really that bad on being hopeful, whether you do believe about thousand folds or 1M/BTC or something like that to happen then its your choice.All the things we've been dealing should really be accompanied out
with certain risk management which should really be in default.This market is unpredictable as always and there's no way that certain person could know on what the future looks like or what the future holds.
Speaking about investment then it would really be depending on someones risk taking on which it would really vary out whether you would take a certain risk on  investing or not.
No one knows on where the prices would be going but much sure that we arent that blind on not to see the potential basing up on history.

No one can tell exactly how the market will behave. There are influences coming from the global economy
and from the big holders who play with the market fluctuations.

There are instances that the movement is just an artificial just to move the investors. You needed to pay
attention to your experiences and make sure that you really know what you are taking.
It will hurt your pocket each time you make a move and take the wrong decision interpreting the market
behaviors.

[Wakate]

Now it is very difficult to make forecasts. To be honest, the times are quite difficult, and the situation on the market changes quite often and often quite abruptly.

The market movement changes everytime that it is very complex and difficult to forecast the market. The market is always confusing difficult for an ordinary trader that do not have good experience about the market to be able to predict the market since we keep moving for bear to bull without knowing the next move of the crypto market.
We just needed to be optimistic of the market condition right now so that we can benefit from the market when the  bull season comes. Those who buy now and hold will benefit huge when we finally get to the bull season.

[Fatunad]

Now it is very difficult to make forecasts. To be honest, the times are quite difficult, and the situation on the market changes quite often and often quite abruptly.

The market movement changes everytime that it is very complex and difficult to forecast the market. The market is always confusing difficult for an ordinary trader that do not have good experience about the market to be able to predict the market since we keep moving for bear to bull without knowing the next move of the crypto market.
We just needed to be optimistic of the market condition right now so that we can benefit from the market when the  bull season comes. Those who buy now and hold will benefit huge when we finally get to the bull season.

Take a look on whats happening now on which the price is starting to decrease which does simply proves out that his market is truly unpredictable.There's no way that we could really able to know on where it would
be heading on.Recovery or dump? It isnt something that you could really know very well because this market is highly speculative.This is why we us crypto investors do really need to bare out that certain risk involved
with it whenever do make out some decisions on buying out. Profitability will really be depending on how wise you are on taking profits when it do really starts to rise up or buy when it do starts
to go down.This is why decisions be made will be totally depending on you.

[Franctoshi]

this seems to me as a fake crash because the market should have just melt down further after breaking a very significant support levels that has been respected for long now, this tells me that something is absorbing the sell off pressure (Whales) , therefore I'm being more bullish than ever, I love this dump because the major liquidity has just been grab and if Bitcoin starts moving up from here it gonna be massive.

Dxy is in a very critical support level that has the high chance of breaking down and too CPI report coming out on Thursday,
Whales could be positioning theirselves for a possible Bitcoin rally if dxy crashes.

[sekuriti]

arthur says we go 17,5k before continue upside 

[ice18]

Now it is very difficult to make forecasts. To be honest, the times are quite difficult, and the situation on the market changes quite often and often quite abruptly.

The market movement changes everytime that it is very complex and difficult to forecast the market. The market is always confusing difficult for an ordinary trader that do not have good experience about the market to be able to predict the market since we keep moving for bear to bull without knowing the next move of the crypto market.
We just needed to be optimistic of the market condition right now so that we can benefit from the market when the  bull season comes. Those who buy now and hold will benefit huge when we finally get to the bull season.

You are right crypto market is getting riskier everyday but if you want to profit the most effective strategy is to always buy the dip always (DCA) as long as you have funds ready to buy once market down then you are good, avoid panic in times of price crash like whats happening right now, patience is always the key. 

[Pamadar]

Now it is very difficult to make forecasts. To be honest, the times are quite difficult, and the situation on the market changes quite often and often quite abruptly.

The market movement changes everytime that it is very complex and difficult to forecast the market. The market is always confusing difficult for an ordinary trader that do not have good experience about the market to be able to predict the market since we keep moving for bear to bull without knowing the next move of the crypto market.
We just needed to be optimistic of the market condition right now so that we can benefit from the market when the  bull season comes. Those who buy now and hold will benefit huge when we finally get to the bull season.

You are right crypto market is getting riskier everyday but if you want to profit the most effective strategy is to always buy the dip always (DCA) as long as you have funds ready to buy once market down then you are good, avoid panic in times of price crash like whats happening right now, patience is always the key. 

If you have enough reserve money, it's good to buy during the dip then wait when the bounce back happens.

There are many factors to consider why the market is falling and how you can take advantage
in each market fall. You need to have a better overview of the market condition and make sure
to have a good anticipation, each dip always accompanied by a good pump back that will give you
the chance to earn, just learn how to be patience and you are good to go,.

[Altryist]

The market movement changes everytime that it is very complex and difficult to forecast the market. The market is always confusing difficult for an ordinary trader that do not have good experience about the market to be able to predict the market since we keep moving for bear to bull without knowing the next move of the crypto market.
We just needed to be optimistic of the market condition right now so that we can benefit from the market when the  bull season comes. Those who buy now and hold will benefit huge when we finally get to the bull season.

Well, actually we are only moving down now, so the mood in the market is not the best, but if you were ready for such a scenario, then this will be another opportunity for you to buy at a better price. Now the phase of disappointment should come, and it may last for some time, you also need to be prepared for this. A bear market cannot last forever, hopefully next year we will see a bull market begining.

[ScamViruS]

Yeah we can hope that next year we can see the start of the bull market since some analysis said that we still didn't reach our bottom yet so this year is gonna be tough for us. this bear market is our chance to accumulate more before another bull market starts so don't forget to use our cold money to increase our holding.

True. The way the market is reacting now, not everyone was expecting such a bad situation, regardless of the analysis of many experienced traders. This has now become a very frustrating situation for retail traders. No one knows when the bull market will start, so it would be a good idea to prepare with cash by monitoring market conditions. Becquerel the state of the global economy and other negative news shows that we are far from another bull market.

[kapalmabur]

The market movement changes everytime that it is very complex and difficult to forecast the market. The market is always confusing difficult for an ordinary trader that do not have good experience about the market to be able to predict the market since we keep moving for bear to bull without knowing the next move of the crypto market.
We just needed to be optimistic of the market condition right now so that we can benefit from the market when the  bull season comes. Those who buy now and hold will benefit huge when we finally get to the bull season.

Well, actually we are only moving down now, so the mood in the market is not the best, but if you were ready for such a scenario, then this will be another opportunity for you to buy at a better price. Now the phase of disappointment should come, and it may last for some time, you also need to be prepared for this. A bear market cannot last forever, hopefully next year we will see a bull market begining.

Yeah we can hope that next year we can see the start of the bull market since some analysis said that we still didn't reach our bottom yet so this year is gonna be tough for us. this bear market is our chance to accumulate more before another bull market starts so don't forget to use our cold money to increase our holding.

For this year, it seems that it will be difficult to see the bull market and we also need to be realistic.
hopefully next year it really happens that the bull market will come,
bear markets are not always bad and we should see this as an opportunity to buy

[Pamadar]

The market movement changes everytime that it is very complex and difficult to forecast the market. The market is always confusing difficult for an ordinary trader that do not have good experience about the market to be able to predict the market since we keep moving for bear to bull without knowing the next move of the crypto market.
We just needed to be optimistic of the market condition right now so that we can benefit from the market when the  bull season comes. Those who buy now and hold will benefit huge when we finally get to the bull season.

Well, actually we are only moving down now, so the mood in the market is not the best, but if you were ready for such a scenario, then this will be another opportunity for you to buy at a better price. Now the phase of disappointment should come, and it may last for some time, you also need to be prepared for this. A bear market cannot last forever, hopefully next year we will see a bull market begining.

Yeah we can hope that next year we can see the start of the bull market since some analysis said that we still didn't reach our bottom yet so this year is gonna be tough for us. this bear market is our chance to accumulate more before another bull market starts so don't forget to use our cold money to increase our holding.

For this year, it seems that it will be difficult to see the bull market and we also need to be realistic.
hopefully next year it really happens that the bull market will come,
bear markets are not always bad and we should see this as an opportunity to buy

We can say whatever we want and act whatever we think as long as we gain profits from the decision we made, bear and bull
will always be there. It's a matter of how you adjust and how you take your advantage.

Another hard dump and for sure those who manage to place their position in a dip side already
enjoying this short bounce back.

It's your decision and the adjustment with how the market move and how will you make
your trades/investment profitable.