What is happening with Crypto market

[maydna]

-snip-
halving occurs, usually the Bitcoin price will rise very high after the Bitcoin halving occurs, and long term investment in Bitcoin is very good indeed.
We if we still have extra money can buy Bitcoin again at the current price or we can buy Bitcoin every time the price drops. Because accumulating
Bitcoin it would be very profitable to do, after all, Bitcoin is the safest to buy when there is a bear market like now.

Bitcoin halving is a highly anticipated event by all crypto users and those who hold bitcoin for the long term. Every time the halving happens it always reaches a new ATH and it is likely that it will also happen at the 2024 halving later. the current price could be a very cheap price if New ATH is reached again. Buying bitcoins for the long term would be highly recommended and of course allocating some funds to do bitcoin DCA should be done so as not to always get stuck at prices that are too high.


TA 2022-08-06: BTC Halving Analysis


source: https://www.tradingview.com/chart/BTCUSD/NRAuRwKO-TA-2022-08-06-BTC-Halving-Analysis/

A brief history
1. 2009 – Bitcoin mining rewards start at 50 BTC per block.
2. 2012 – The first Bitcoin halving reduces mining rewards to 25 BTC.
3. 2016 – In the second halving, mining rewards go down to 12.5 BTC.
4. 2020 – In the third halving, mining rewards drop to 6.25 BTC.
5. 2024 – In the third halving, mining rewards drop to 3.125 BTC.

From your post, I can not imagine if the bitcoin price can be at $741k. That will be a big surprise to all since we will prepare to have more and more bitcoin from now on. But that could happen because we will see the reward drop to 3.125 BTC so it can trigger the higher price to increase, which can be more than $100k.

But I never expect to see the price be at $741k so we will make a big profit later. Hopefully, that will happen in the next 2 years. Meanwhile, for the next year, it will be a struggle year for bitcoin because the government can be tighter than before as bitcoin or crypto could be more popular than today.

[fuguebtc]

Today I read a post from altFINS about current crypto and macro situation.

Do you think the bear market will continue until FED will end raise interest rates?

The Fed's raises in interest is not the reason for the bear.

I agree that we are in a bear market and this is a cycle that we will face with no way out of it, it is inevitable but the Fed's interest rate hike also has a significant impact on the market, every time they announce an interest rate increase, almost every market is in blood.
Even if the bear season ends, that means the 4-year cycle is over and if inflation continues and the Fed continues to raise rates, I also believe that the market is unlikely to rise and we will say that the bear market lasts longer than ever.

We don’t know how many more days or weeks the bear market will last, but yes we can estimate and make predictions for the same.
You shouldn’t panic about the bear markets frankly speaking, as bear market comes with great opportunities to buy the high priced cryptos in comparatively low price.
So if possible buy as many Bitcoins or your desired cryptos now. After few weeks or months when the bear market will end, you will be full of profits.

We truly don't know how many days the bear market will last but since Bitcoin still replicates its 4years cycle I have a reason to believe the bear market will end next year after the altcoin season market is over.
The problem most crypto investors had is that they see the bear market as an enemy.

Yes, bear market is not so bad, how would we profit without bear market, it is a place for us to buy crypto assets cheaply. Many people don't see that potential.

[Inspiron14]

The current crypto market is completely out of control. Those who are analyzing this market are also not able to analyze within their control But in this market, instead of investing and trading in rubbish coins, buy good coins, trade and invest.Now invest in the most popular currency and make it long term. Remember while investing and definitely try to buy at the lowest price Don't lose patience and trade with a clear mind.If lost at this time, recovery is very difficult and recovery may not be possible.

Yes, at this time the bear market is still continuing and so far there is no sign of a bull market coming,
but that doesn't mean we should just give up and better take this opportunity to buy some potential coins,
the most important thing is to be patient and that is one of the keys

[suzanne5223]

Today I read a post from altFINS about current crypto and macro situation.

Do you think the bear market will continue until FED will end raise interest rates?

The Fed's raises in interest is not the reason for the bear.

I agree that we are in a bear market and this is a cycle that we will face with no way out of it, it is inevitable but the Fed's interest rate hike also has a significant impact on the market, every time they announce an interest rate increase, almost every market is in blood.
Even if the bear season ends, that means the 4-year cycle is over and if inflation continues and the Fed continues to raise rates, I also believe that the market is unlikely to rise and we will say that the bear market lasts longer than ever.

Yes, the Fed's increase in interest rate will impact the market price but it's still not the major reason for the bearish that already started some weeks ago.
Maybe the market will unlikely rise if the bear is over and the raise of rate continue because after the bearish market is altcoin season and 95% of all altcoin are highly manipulated.

We don’t know how many more days or weeks the bear market will last, but yes we can estimate and make predictions for the same.
You shouldn’t panic about the bear markets frankly speaking, as bear market comes with great opportunities to buy the high priced cryptos in comparatively low price.
So if possible buy as many Bitcoins or your desired cryptos now. After few weeks or months when the bear market will end, you will be full of profits.

We truly don't know how many days the bear market will last but since Bitcoin still replicates its 4years cycle I have a reason to believe the bear market will end next year after the altcoin season market is over.
The problem most crypto investors had is that they see the bear market as an enemy.

Yes, bear market is not so bad, how would we profit without bear market, it is a place for us to buy crypto assets cheaply. Many people don't see that potential.

This is the major problem of some crypto investors, they see the worse side of the bearish market than the opportunity it's presented.

[rendravolt]

The current crypto market is completely out of control. Those who are analyzing this market are also not able to analyze within their control But in this market, instead of investing and trading in rubbish coins, buy good coins, trade and invest.Now invest in the most popular currency and make it long term. Remember while investing and definitely try to buy at the lowest price Don't lose patience and trade with a clear mind.If lost at this time, recovery is very difficult and recovery may not be possible.

It is true that this is all out of control, the market sometimes traps everyone mentally. Therefore we must add to the caution with what we will decide whether to buy the altcoin or wait for the right time. It is undeniable that this will still happen over the next few weeks.

[Xampeuu]

The current crypto market is completely out of control. Those who are analyzing this market are also not able to analyze within their control But in this market, instead of investing and trading in rubbish coins, buy good coins, trade and invest.Now invest in the most popular currency and make it long term. Remember while investing and definitely try to buy at the lowest price Don't lose patience and trade with a clear mind.If lost at this time, recovery is very difficult and recovery may not be possible.

It is true that this is all out of control, the market sometimes traps everyone mentally. Therefore we must add to the caution with what we will decide whether to buy the altcoin or wait for the right time. It is undeniable that this will still happen over the next few weeks.

I think the crypto market is always uncontrollable. During a bearish season like today, of course, we always want this season to end soon, but after we buy the price goes down again. even during the bullish season something similar happens, we can't say for sure what range the price will reach, therefore all we can control is ourselves to be able to understand the will of market movements

[stomachgrowls]

From your post, I can not imagine if the bitcoin price can be at $741k. That will be a big surprise to all since we will prepare to have more and more bitcoin from now on. But that could happen because we will see the reward drop to 3.125 BTC so it can trigger the higher price to increase, which can be more than $100k.

But I never expect to see the price be at $741k so we will make a big profit later. Hopefully, that will happen in the next 2 years. Meanwhile, for the next year, it will be a struggle year for bitcoin because the government can be tighter than before as bitcoin or crypto could be more popular than today.

Basing up on the chart and trying to look into those indicators which do shows that it might hit up 100k or more which is something realistic but on what you had noticed is about 741k, whether it was just a hover or simply op did pertain about those possible price?

We cant really be sure but basing up on patterns on each halving event, then we might really be having those significant price increase but we know that this market isnt something
that you could easily predict.

But to think that mining rewards had already been halved plus the demand becomes even more higher then expect on what would be the outcome.

[rojan]

The current crypto market is completely out of control. Those who are analyzing this market are also not able to analyze within their control But in this market, instead of investing and trading in rubbish coins, buy good coins, trade and invest.Now invest in the most popular currency and make it long term. Remember while investing and definitely try to buy at the lowest price Don't lose patience and trade with a clear mind.If lost at this time, recovery is very difficult and recovery may not be possible.

It is true that this is all out of control, the market sometimes traps everyone mentally. Therefore we must add to the caution with what we will decide whether to buy the altcoin or wait for the right time. It is undeniable that this will still happen over the next few weeks.

I think the crypto market is always uncontrollable. During a bearish season like today, of course, we always want this season to end soon, but after we buy the price goes down again. even during the bullish season something similar happens, we can't say for sure what range the price will reach, therefore all we can control is ourselves to be able to understand the will of market movements

It's true that market condition is risky now nothing can be say for now . And in my opinion I think we have to pass through this condition more few months because there can't be seen any good resistance now. But I think in this risky condition of market it will be better if you can avoid new alt coins and invest in top coins like bitcoin , Etherium, BnB ,LTC etc

Market will probably be fixed in a few months.  But now you have to think carefully before investing. Now the price of all coins will rise and fall above the price of Bitcoin. So if the price of Bitcoin increases then the price of all coins will increase.  But now if you can invest in bitcoin bnb and ethereum then you will get some money after few days.

[xzy887]

The behaviour of the market is definitely fluctuating a lot. And all we can do is have patience and wait for the market to get stable.

It is normal for the market to alway fluctuating . But currently the bear market is going on, due to which the market condition is not good. If you have good knowledge about trading then you can trade at this time and profit. This is not the first situation in the market. So instead of waiting for the market to stabilize, you need to learn to deal with all market conditions. This allows you to profit by trading even during bad market times.

[maydna]

From your post, I can not imagine if the bitcoin price can be at $741k. That will be a big surprise to all since we will prepare to have more and more bitcoin from now on. But that could happen because we will see the reward drop to 3.125 BTC so it can trigger the higher price to increase, which can be more than $100k.

But I never expect to see the price be at $741k so we will make a big profit later. Hopefully, that will happen in the next 2 years. Meanwhile, for the next year, it will be a struggle year for bitcoin because the government can be tighter than before as bitcoin or crypto could be more popular than today.

Basing up on the chart and trying to look into those indicators which do shows that it might hit up 100k or more which is something realistic but on what you had noticed is about 741k, whether it was just a hover or simply op did pertain about those possible price?

We cant really be sure but basing up on patterns on each halving event, then we might really be having those significant price increase but we know that this market isnt something
that you could easily predict.

But to think that mining rewards had already been halved plus the demand becomes even more higher then expect on what would be the outcome.

It will never be easy to predict what will happen to any half event before, before or after the halving event. But maybe before or after the new year, the price could reach $100k or more in the following months until 2024, the price could continue to increase and eventually go to the price predicted by @OP. That sounds too good, but it's at $2024 or near the halving event. So we better get ready from now on so we can participate at that moment.

[CapGelatik]

The behaviour of the market is definitely fluctuating a lot. And all we can do is have patience and wait for the market to get stable.

It is normal for the market to alway fluctuating . But currently the bear market is going on, due to which the market condition is not good. If you have good knowledge about trading then you can trade at this time and profit. This is not the first situation in the market. So instead of waiting for the market to stabilize, you need to learn to deal with all market conditions. This allows you to profit by trading even during bad market times.

the world is being hit by a disaster, after the Covid19 Pandemic, the world is experiencing economic inflation,
wars are everywhere, China, Russia, Ukraine, Japan and most recently North Korea,
of course this is what causes all markets to be bearish, not only cryptocurrencies, so if if you want to invest,
now is the right time, because the price is cheap and the potential to get 2x even 10x is much greater.

[Zanab247]

Nothing is happening in crypto that hasn't happened before, 2018 was worst than this. There's always room for a retest, there's bear and bull season. Everything has its season, we just got to be wise about it all.

Yes, people are used to what is happening in the community, because bear and bull are very important to potential traders who want to go far in profits making, because bear season is a season potential traders used to buy crypto and hold for future purpose. What is happening is an opportunity for traders to buy and hold so that they will be part of those that will celebrate when the price of crypto increase higher, Bull season is a good season for those that bought crypto when the price was low in the market to use the bull season to release them to the market to make a passive profits.

[Kopetunto]

From your post, I can not imagine if the bitcoin price can be at $741k. That will be a big surprise to all since we will prepare to have more and more bitcoin from now on. But that could happen because we will see the reward drop to 3.125 BTC so it can trigger the higher price to increase, which can be more than $100k.

But I never expect to see the price be at $741k so we will make a big profit later. Hopefully, that will happen in the next 2 years. Meanwhile, for the next year, it will be a struggle year for bitcoin because the government can be tighter than before as bitcoin or crypto could be more popular than today.

Basing up on the chart and trying to look into those indicators which do shows that it might hit up 100k or more which is something realistic but on what you had noticed is about 741k, whether it was just a hover or simply op did pertain about those possible price?

We cant really be sure but basing up on patterns on each halving event, then we might really be having those significant price increase but we know that this market isnt something
that you could easily predict.

But to think that mining rewards had already been halved plus the demand becomes even more higher then expect on what would be the outcome.

It will never be easy to predict what will happen to any half event before, before or after the halving event. But maybe before or after the new year, the price could reach $100k or more in the following months until 2024, the price could continue to increase and eventually go to the price predicted by @OP. That sounds too good, but it's at $2024 or near the halving event. So we better get ready from now on so we can participate at that moment.

2022 will indeed be a bearish season, it could even go up to 2023 because the war will still last and create inflation around the world,
this is why cryptocurrencies are really the last choice for investors,
maybe we need more hype like 2021 where Elon Musk, and several countries in favor of Bitcoin,
and if 2023 it happens again then the bulls are coming.

[ScamViruS]

The behaviour of the market is definitely fluctuating a lot. And all we can do is have patience and wait for the market to get stable.

It is normal for the market to alway fluctuating . But currently the bear market is going on, due to which the market condition is not good. If you have good knowledge about trading then you can trade at this time and profit. This is not the first situation in the market. So instead of waiting for the market to stabilize, you need to learn to deal with all market conditions. This allows you to profit by trading even during bad market times.

Knowing about the market can predict a lot in advance about the bad and good situations of the market. But that doesn't always work as the last market dump showed. Because in many cases fundamental things also play a big role in determining the next movement of the market. Now that the bear market is underway, I think it's a great time to accumulate the best coins in preparation for the next bull market. Because if the market changes its trend then you will not get much opportunity to enter the market.

[milewilda]

The behaviour of the market is definitely fluctuating a lot. And all we can do is have patience and wait for the market to get stable.

It is normal for the market to alway fluctuating . But currently the bear market is going on, due to which the market condition is not good. If you have good knowledge about trading then you can trade at this time and profit. This is not the first situation in the market. So instead of waiting for the market to stabilize, you need to learn to deal with all market conditions. This allows you to profit by trading even during bad market times.

Knowing about the market can predict a lot in advance about the bad and good situations of the market. But that doesn't always work as the last market dump showed. Because in many cases fundamental things also play a big role in determining the next movement of the market. Now that the bear market is underway, I think it's a great time to accumulate the best coins in preparation for the next bull market. Because if the market changes its trend then you will not get much opportunity to enter the market.

No matter what you do;

Using up Technical Indicators
Using up Market fundamentals/news

It wont really be giving out that 100% precision and presume that it would really be heading that way.This is why its better not to make yourself get stressed
and just stick out on positions and decisions that you had made up basing on your analysis made up.Try to be versatile and try to make out
actions whenever there's some sudden movements which isnt including into your plan.Try and try.

[EdenHazard]

The behaviour of the market is definitely fluctuating a lot. And all we can do is have patience and wait for the market to get stable.

It is normal for the market to alway fluctuating . But currently the bear market is going on, due to which the market condition is not good. If you have good knowledge about trading then you can trade at this time and profit. This is not the first situation in the market. So instead of waiting for the market to stabilize, you need to learn to deal with all market conditions. This allows you to profit by trading even during bad market times.

Knowing about the market can predict a lot in advance about the bad and good situations of the market. But that doesn't always work as the last market dump showed. Because in many cases fundamental things also play a big role in determining the next movement of the market. Now that the bear market is underway, I think it's a great time to accumulate the best coins in preparation for the next bull market. Because if the market changes its trend then you will not get much opportunity to enter the market.

When you think you are preparing for the next bull run but then the bear come instead unexpectedly ... seing your basket full of the coins already but the price continue to get low and even lower , what would you do then? Despite bitcoin well known as a safe haven from the inflation ... this time could be really different.

I have a real great feeling that bitcoin going down really hard in these crazy inflation days.

[globalpain]

The current crypto market is completely out of control. Those who are analyzing this market are also not able to analyze within their control But in this market, instead of investing and trading in rubbish coins, buy good coins, trade and invest.Now invest in the most popular currency and make it long term. Remember while investing and definitely try to buy at the lowest price Don't lose patience and trade with a clear mind.If lost at this time, recovery is very difficult and recovery may not be possible.

It is true that this is all out of control, the market sometimes traps everyone mentally. Therefore we must add to the caution with what we will decide whether to buy the altcoin or wait for the right time. It is undeniable that this will still happen over the next few weeks.

I think the crypto market is always uncontrollable. During a bearish season like today, of course, we always want this season to end soon, but after we buy the price goes down again. even during the bullish season something similar happens, we can't say for sure what range the price will reach, therefore all we can control is ourselves to be able to understand the will of market movements

It's true that market condition is risky now nothing can be say for now . And in my opinion I think we have to pass through this condition more few months because there can't be seen any good resistance now. But I think in this risky condition of market it will be better if you can avoid new alt coins and invest in top coins like bitcoin , Etherium, BnB ,LTC etc

Market will probably be fixed in a few months.  But now you have to think carefully before investing. Now the price of all coins will rise and fall above the price of Bitcoin. So if the price of Bitcoin increases then the price of all coins will increase.  But now if you can invest in bitcoin bnb and ethereum then you will get some money after few days.

I think it's as much as possible to buy coins as soon as possible before the price goes up again,
but we also have to keep doing research and analysis first,
what is clear when there is an opportunity we have to take it

[maydna]

~snip~

2022 will indeed be a bearish season, it could even go up to 2023 because the war will still last and create inflation around the world,
this is why cryptocurrencies are really the last choice for investors,
maybe we need more hype like 2021 where Elon Musk, and several countries in favor of Bitcoin,
and if 2023 it happens again then the bulls are coming.

But even so, we can still hope that when the market is bearish, we can still try to make a profit, even if not much. Yes, inflation is happening worldwide, but if we can act according to the circumstances and try to make the most of it, I don't think we will be affected by inflation and survive. But I don't expect hype from Elon Musk because he only thinks about himself. It is better to wait for other good news that can improve the market even a little.

[Natalim]

But even so, we can still hope that when the market is bearish, we can still try to make a profit, even if not much. Yes, inflation is happening worldwide, but if we can act according to the circumstances and try to make the most of it, I don't think we will be affected by inflation and survive. But I don't expect hype from Elon Musk because he only thinks about himself. It is better to wait for other good news that can improve the market even a little.

Yeah, might say it was hard to earn a profit this time but if you are a skilled trader, it is not impossible. What just we need is to remain strong and have faith in our invested coins. We don't let our emotions bother us too much as this will lead the wrong way. The more we think about the situation, the more it affects our mindset, and can't even think of the right thing to do.

Well, in regards to Elon Musk, it was uncertain.

[GelatikKembar]

~snip~

2022 will indeed be a bearish season, it could even go up to 2023 because the war will still last and create inflation around the world,
this is why cryptocurrencies are really the last choice for investors,
maybe we need more hype like 2021 where Elon Musk, and several countries in favor of Bitcoin,
and if 2023 it happens again then the bulls are coming.

But even so, we can still hope that when the market is bearish, we can still try to make a profit, even if not much. Yes, inflation is happening worldwide, but if we can act according to the circumstances and try to make the most of it, I don't think we will be affected by inflation and survive. But I don't expect hype from Elon Musk because he only thinks about himself. It is better to wait for other good news that can improve the market even a little.

during a bear market if you wait for the hype from elon musk it only makes the market a pump and dump,
you can judge for yourself, it's different from the bullish season,
I'm sure it's not because of elon musk the bitcoin pump price but indeed because of pure mass adoption and halving that makes bitcoin hit new ATH last year.