Cryptocurrency is silent why?

[poorman1]

For some months, cryptocurrency is in a down falling trend which is the main cause.

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[mk4]

A well needed market cleansing. There's still so much heavily overpriced crap in the cryptocurrency markets in general that we deserve a bigger downtrend.

[cryptoaddictchie]

A well needed market cleansing. There's still so much heavily overpriced crap in the cryptocurrency markets in general that we deserve a bigger downtrend.

Indeed needed. However one downfall really affects majority. Cant really washout those shitcoin easily especially if they are just jumping from project to project. What really needed to monitor here is the btc movement cause its decide the overall sentiment of all cryptocurrencies.

[mk4]

Indeed needed. However one downfall really affects majority. Cant really washout those shitcoin easily especially if they are just jumping from project to project. What really needed to monitor here is the btc movement cause its decide the overall sentiment of all cryptocurrencies.

I'd say we needed a cleansing with BTC as well. While I'm obviously still long term bullish, we had a lot of delusional moonboys (as we always do) near the peak of the bull market. We need to wipe out all those crappy crypto YouTubers and influencers first as well.

[palle11]

For some months, cryptocurrency is in a down falling trend which is the main cause.

This is expected during the time leading to bull. The market don't give you what you want to be served immediately. The market is at this time like an example of a bad waiter trying to clean up all the mess on the table before taking your order. So what do you have to do at such time especially if you like the delicacy from the restaurant? To wait for the time the waiter comes to take your order. Now there are many traders and hodlers waiting to get in but the market not giving in just yet because of some clean up and correction.

[Jawhead999]

The reason is because shitcoins are following Bitcoin price, Bitcoin currently on bear market because anyone tend to believe about the super cycle and western economy are suffering of high inflation, this make people doesn't have enough money to invest.

Actually a good altcoins wouldn't following Bitcoin price since each coins had different purpose, events, etc. Why does it's stick with Bitcoin price? that's just making the whole altcoins space has no fundamental and doesn't worth to invest.

[jossiel]

The main cause is, it is a normal trend. We came last 2 years with a long bull run so, it is necessary for the market and bitcoin to go through this cycle.

Next years will be back again in the bull run. Regardless if the world economy will be good or bad, it is going to be better soon as what the cycles have been.

[samcrypto]

For some months, cryptocurrency is in a down falling trend which is the main cause.

This is a healthy trend actually because we can't expect Bitcoin or the whole cryptomarket to always pump, there should be a correction in order to see good projects who are able to survive the biggest drop.

Dumping is not a silent trend, it's a big message to us that we should start accumulating, a great indication of a good market. Choose you best crypto now and you will see, all your sacrifices during this bear market will worth it.

[CryptoBuds]

The main cause is, it is a normal trend. We came last 2 years with a long bull run so, it is necessary for the market and bitcoin to go through this cycle.

Next years will be back again in the bull run. Regardless if the world economy will be good or bad, it is going to be better soon as what the cycles have been.

Yes, this is simply a trend that the market has to go through. Although many people say that due to war, economic crisis leads to market crash, that is true but not entirely true. Many people have started to believe that this year we will enter a bear market after we hit ATH last November, which means this was predicted before war or inflation started.

OP should review the history of the market and the cycles the market has gone through in the past, you will understand where we are and when this silence will end. A falling market is not necessarily a bad sign if you really understand how it works.

[Mpamaegbu]

The ensuing silence is expected because it characterizes the bear moment. We've witnessed this over time. Whenever the market bulls, there's always a hell of noise and when it bears there's an intimidating level of silence. November is just around the corner. It's one of the months I know the market gets favoured with a rally. Hopefully, this year's won't be an exception.

[ethereumhunter]

Even if the cryptocurrency is in a downtrend, it doesn't matter because later, the cryptocurrency will start to increase and when it starts to happen, we will get huge profits like before. And now, the bitcoin price has started to increase by returning to the $20k price and hopefully, the price can continue to increase and reach new ATH again. But we have to be patient because it can't all be back in a short time and there must be stages that should pass. This is a good time to buy bitcoin because the price is still below the bottom and we can also try to profit from trading.

[piebeyb]

For some months, cryptocurrency is in a down falling trend which is the main cause.

old players in bitcoin still adhere to the belief about the 4 year cycle, you can look for my thread here to see how the 4 year cycle works Bitcoin Prediction 2020 - 2021 , that's how it works, because right now the market is bearish and waiting for another bull market in 2024 , for those who believe in the cycle while I don't anymore

[fzkto]

This is a bearish phase of the market, after which a bullish phase is sure to begin. These cycles repeat regularly, if you look at the bitcoin chart you will see this. No matter what news or events affect it, the result will always be the same - the trend will change and no one will care why bitcoin has been falling for such a long time. Then, when most people buy bitcoin at a high price, the market will deflate and the bearish season will start again, just like now. Patient people make a lot of money on such fluctuations.

[BobK71]

For some months, cryptocurrency is in a down falling trend which is the main cause.

old players in bitcoin still adhere to the belief about the 4 year cycle, you can look for my thread here to see how the 4 year cycle works Bitcoin Prediction 2020 - 2021 , that's how it works, because right now the market is bearish and waiting for another bull market in 2024 , for those who believe in the cycle while I don't anymore

Yes, those who believe in 4 year cycles are not in crypto now. They are now passing their leisure time on the other side. But they will come again, they don't even need to do much research. They have a specific goal and never go beyond that. I have seen some big investors start traveling to different countries for entertainment when the bear market started. It seems difficult to many, but at one time it is understood that they are walking on the right path.

[Vinaa77]

For some months, cryptocurrency is in a down falling trend which is the main cause.

Many things have caused crypto prices to fall, including the global economic crisis with the high cost of world raw materials that companies can produce. World chaos with wars everywhere. But that's all the smallest part in the influence on the price of crypto, because at its core it is currently trending down. This always happens after a bullrun with a high price.

[GeorgeJohn]

For some months, cryptocurrency is in a down falling trend which is the main cause.

Theirs no person can proper account while Bitcoin price is extremely down this year, because it's not what you see or what you can frame base on personal understanding while the price is down, actually in a normal circumstances bitcoin price going down 24hrs is determine by the demands and supply, and since this year bitcoin never experienced a valuable price, so indirectly, and it's my personal suggestion bitcoin price falling without have a good resurrection might as crisis those countries in crisis.

[Wiwo]

For some months, cryptocurrency is in a down falling trend which is the main cause.

this year bitcoin never experienced a valuable price, so indirectly, and it's my personal suggestion bitcoin price falling without having a good resurrection might as crisis those countries in crisis.

The year 2022 is a crypto Winter year right from the beginning of the year Bitcoin has been on a noise diving movement with a steady downtrend, and this market condition has robbed all other altcoins in the market. This is mostly expected as many have been waiting for such an opportunity to buy in but the long trend has become tiring for most cryptocurrency speculators who have predicted the opposite of what we are seeing with the market right now.

[goaldigger]

For some months, cryptocurrency is in a down falling trend which is the main cause.

Economic situation of bigger countries affects the market that much, from the problem on war, supply of gas down to inflation rate and with the continues FED interest rate hike, we are dealing to many problem right now and cryptomarket is also affected by this. The market is trying to break the trend though and we are seeing a huge pump and dump trend with Bitcoin, this can be a good opportunity to make money in short. Know how to ride with this trend and you can be good, focus more on this.

[Oilacris]

For some months, cryptocurrency is in a down falling trend which is the main cause.

We dont know and this had always been like this and its been unpredictable since Day 1.  

Market could only have two possible paths which is to be bearish and bullish.We cant really just have a single direction which is impossible and that cant be called a market in the first place.
We've been on bearish trend for long months or years now and we cant really tell if we would be seeing some different situation until the end months of year 2022 or
we would seeing those changes in 2023.No one really knows actually this is why decisions would be made would really be having those hesitance
but well we do need to take up some risk.

[South Park]

For some months, cryptocurrency is in a down falling trend which is the main cause.

I am not really sure what do you mean by this, all markets go down in value and experiment bear markets and ranging markets all the time, probably the main difference of this market is that we go through that cycle faster than other markets but the logic is the same, during the bull market investors put their money in all kind of shitcoins and useless coins as speculation is rampant at that point, so a crash becomes inevitable and then years are needed for investors to come back to the market, so what we are witnessing right now is still within the expectations of smart investors.