Cryptocurrency is silent why?

[sayaya17]

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

you should understand that even the world economy is down falling so why would cryptocurrency go ahead of those?
there are so much pain happening in the world these days and I believe that this is same reason why crypto is also in downtrend.
but no matter how down the market ? expect the increase in the coming months or years so keep Holding and just keep your eyes close for now.

This year many bad things happened, such as higher inflation, wars, and prices of basic necessities continued to rise. Finally, making the world
economy experience a decline, which is not accompanied by an increase in income, finally people are more careful spending their money and
prioritize buying basic necessities. So that is one of the reasons why the crypto market has decreased, because there are fewer people investing
in crypto today. Many people have their economy down so they can't allocate funds for investing in crypto. If the situation is like this, there really
isn't much that can be done other than trying to find a side job to be able to provide additional income, then we also don't need to panic to see our
crypto asset estimates decrease. As long as we can be patient holding our coins, and don't sell it at a low price, we still have the hope of making
a profit in the future. The most important thing is that we are holding potential coins, because the potential coins will definitely recover and the price
will rise again.

[1714970082]

1714970082

[RealMalatesta]

As we can see, it is not actually a down falling trend that the cryptocurrency market is having. It is more of a sideway trend. We have been seeing Bitcoin rising and falling within the $18,000 to $21,000 range. Sometimes it goes above $21,000 but it is very temporary and the price would shortly go back within the range. This isn't silence however. The market has been growing in terms of adoption. It's just that the market is in for some boring days and weeks.

People can't see how it is totally a sideways thing because we haven't been over 23k and under 18k for a long time, which means that price has been stuck between 5k difference for many many months now and that's something I can totally understand. Maybe we are overreacting to the current low price, and people can't see that unfortunately.

Just realize that it's a normal thing to see it happen this way, and that doesn't mean that we should be happy about it neither but we shouldn't be this upset about "low" prices because we have been here for a long time. If you put 10% of all your income during the last 8 months, you would have something much better right now, but people acted too afraid about it.

[cryptoaddictchie]

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.

I dont think they(Youtubers) can be wiped out that easy.  For sure they are gonna stay whatever happened in the market. They already earned more funds during the bear market and due to their greediness they will come back for more gains so buying those dips are their target. Moonboy always post and shill projects that they are heavily bought.

[EarnOnVictor]

I believe the unexpected is about to unfold in the crypto space, their main trend is still bearish. But anything could begin to happen as buyers are piling up for Bitcoin from around $18500 down to $17625 (June low), which might be instrumental to the reversal of cryptocurrencies. What is responsible for the recent sluggishness and indecisiveness in crypto is the oversold condition in the longer-term view. They are tired and want to buy amidst the general bearish trend. This is causing conflicts of interest but might remains with a few adjustments until the much-expected halving causes a major bullish run in 2024.

[GreatArkansas]

There's not that much development and there's not that many innovations that are causing a huge stir so it's a good answer to why the market is silent right now. It's a good thing actually, people are longing and it's kind of an eases the stress of constantly watching if there's a movement in the market.

Price really matters here for sure because even how much development or innovations or any fundamental news will arrive but the price is getting rekt or devastated some people will lose interest, which a very red flag for me. If they really support cryptocurrency, they will become consistent and stay no matter what. These people for sure are only here for money which we can't blame them.

[Eternad]

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

Bad trends are likely to occur throughout the year 2022, even many Top influencers on Twitter are sure the price of Bitcoin will continue to correction until it falls under $ 15K, this is what the Pope awaits to buy all stocks in the market and will make the market skyrocketed again.

Anyone who believes on influencers surely don’t know what they are doing. Influencers is just making there opinion based on the current trend as well as there personal interest with there own holdings. Influencers is now doing short position and trying to FUD the market just to mind control blind followers.

Influencers is the most bullshit things in crypto that destroy the crypto market for there own gain. People should learn to trade and analyze for there own sake rather than listening to there bias opinion.

[Kelvinid]

There's not that much development and there's not that many innovations that are causing a huge stir so it's a good answer to why the market is silent right now. It's a good thing actually, people are longing and it's kind of an eases the stress of constantly watching if there's a movement in the market.

Price really matters here for sure because even how much development or innovations or any fundamental news will arrive but the price is getting rekt or devastated some people will lose interest, which a very red flag for me. If they really support cryptocurrency, they will become consistent and stay no matter what. These people for sure are only here for money which we can't blame them.

And that is because not all are willing to stay during the crisis, what just they need is to earn money every day which is somewhat different during the bear market. Therefore, we can't really expect that all investors will remain in crypto nor keep talking about it but sometimes they have to be silent.
Well, it was just this time they are out of crypto but when the bull season comes, they will be rushing again. That is how practical we are today and most of these investors never have to stay longer times.

[Oceat]

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

Bitcoin is currently staying at all-time low price . When this situation worsens, naturally there is stagnation seen in the cryptoworld. But this situation is very common in crypto or trading platforms. Today is bearish, maybe in the future it will be in a better position. Success will come only if you accept it naturally.

I think almost everyone accepted it already that Bitcoin was in bearish trend after the bull run but that doesn't mean it will stay this long. Bitcoin market has its own cycle of market changes but I wonder why the economy was struggling too, or perhaps the economy was the cause why Bitcoin market is in the downtrend?

What's the best we could do with our BTC is to HODL and never get tempted to sell since it's accumulation phase not selling.

[OgNasty]

Silence seems to be a good thing at the moment. With basically all global assets melting down and currencies seeing multi-decade lows against the dollar, it’s pretty amazing that Bitcoin is holding its price at all. I think the fact it isn’t melting down at this time speaks pretty loudly. I would expect Bitcoin to be around $16K right now on its way to $12K.

[LogitechMouse]

Bear market = time where people are silent because either they are at a loss, or they aren't investing at all and that's the reason why crypto is silent.
Bull market = time where people are very noisy. People are saying buy this and buy that on social media because everything is rising.

Crypto being silent is always a good sign to accumulate. Being a contrarian really helps as an investor because your chances of losing money is higher whenever you are doing what most of the people are doing. It's not only crypto I guess but all of the market. Right now, cryptocurrency being silent is either projects are silently developing and upgrading their project, or more projects running away and doing rug pull.

[Davian144]

Bad trends are likely to occur throughout the year 2022, even many Top influencers on Twitter are sure the price of Bitcoin will continue to correction until it falls under $ 15K, this is what the Pope awaits to buy all stocks in the market and will make the market skyrocketed again.

You may believe what the Top influencers on Twitter say, but I am still very optimistic about my stance to continue to hold and sometimes buy again in current conditions.
Because Bitcoin is the most coveted by everyone and also by the whales when the price is low and it will always give the possibility to increase faster when the whales have bought it in very large sizes, although that hasn't happened at this time because maybe the whale investors are still not moving.

many predict to $15k but I believe that prediction will be off the mark and bitcoin will go to $50k again,
because the price is at its strongest support and september will also pass, of course historically october is a bullish month, so i'm sure $15k is already end.

I also had that thought, but if in October the price of Bitcoin still holds up as it is today, then that is a tremendous force in Bitcoin because I'm sure not everyone will be happy to see Bitcoin at $15K. Especially for those who bought at a high price and still haven't sold Bitcoin at this time, of course it's a blow that they don't want to see and feel at this time but hope for a bigger increase in Bitcoin from next month.

[Iranus]

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

you should understand that even the world economy is down falling so why would cryptocurrency go ahead of those?
there are so much pain happening in the world these days and I believe that this is same reason why crypto is also in downtrend.
but no matter how down the market ? expect the increase in the coming months or years so keep Holding and just keep your eyes close for now.

I think the main reason is still we are in a bear market, bitcoin's 4 year cycle, not the main cause is war or economic crisis, bitcoin has dropped in price before the war. In addition to facing a bear cycle, we are also facing a crisis situation now, it must be said that everything now depends a lot on the state of the world economy, if things get better, it could also pull the market up.

My question is, when the bear cycle is over we will have a bull run in 2025 after the halving event but until then the world situation is not stable will we have a bull run price or will it follow the mood of the world?

[Reid]

Divided investments. A wide variety of options was created. You name it, from memecoins to NFT, Metaverse, and more.
Because of that, we don't see money flowing in the main cryptocurrencies like Bitcoin.
I guess what we could do is choose wisely about where we would put our money in. Because there's a chance, we are just wasting too much capital in trash coins and then there goes our time and effort too.
We won't get loud again unless it stops.

[ibuddy122505]

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

you should understand that even the world economy is down falling so why would cryptocurrency go ahead of those?
there are so much pain happening in the world these days and I believe that this is same reason why crypto is also in downtrend.
but no matter how down the market ? expect the increase in the coming months or years so keep Holding and just keep your eyes close for now.

I think the main reason is still we are in a bear market, bitcoin's 4 year cycle, not the main cause is war or economic crisis, bitcoin has dropped in price before the war. In addition to facing a bear cycle, we are also facing a crisis situation now, it must be said that everything now depends a lot on the state of the world economy, if things get better, it could also pull the market up.

My question is, when the bear cycle is over we will have a bull run in 2025 after the halving event but until then the world situation is not stable will we have a bull run price or will it follow the mood of the world?

As a result of the global economic collapse, BTC price correlates with the condition around the world. Ups and downs are inevitable, so here we are. In recent months, I have sold a large portion of my alternative currency holdings and now only hold Bitcoin. It is a surprise to me that BTC is trading at this low, but looking at how the world economy is doing I think this may be Bitcoin's time for true life-changing adoption.

It is uncertain when the bear cycle will end, but when it does, we will see a bull run for Bitcoin. It will take several years to see an effect, obviously not immediately.

[Hypnosis00]

Knowing that not all the time the market is very active, traders and investors at this time feel the huge market inflation which badly affects their budget. Perhaps, it was also been happening in the previous bear season, and even on social media. We probably see this back again when major market inflation calms down and also when recoveries started. It was just about time for the market to relax and if you still have the money to risk, make it happen now while it was still cheap, don't wait for the market to become hot as surely prices will spike as the demand is increasing.

[serjent05]

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.

As much as we wanted these people to be cleansed out of the cryptocurrency industry, I don't think they will be cleansed because these people will continuously cling to the industry because they are able to milk whatever the situation of the market is.  Instead, we might see them shifting sentiments just to keep their subscribers around.


I think a market going sideways is way better than a noisy one where the market keeps on crashing.  I also think that after these negative sentiments due to the recent market crash, the silence looks like a transition of market sentiments since news said today that Mainstream media sentiment is shifting in favor of BTC[1]



[1] https://cointelegraph.com/news/mainstream-media-sentiment-shifts-in-favor-of-bitcoin-amid-fiat-currency-woes

[Chainsmokers]

cryptocurrencies are not completely silent, because news about the adoption of cryptocurrencies is currently still low, so it is natural to be quiet,
news is also dominated by bad news such as war and world economic inflation, of course this also has a bad impact on cryptocurrencies this year,
maybe in 2023 it will still be the same, it's just that we might be a little surprised.

[jostorres]

There's not that much development and there's not that many innovations that are causing a huge stir so it's a good answer to why the market is silent right now. It's a good thing actually, people are longing and it's kind of an eases the stress of constantly watching if there's a movement in the market.

Price really matters here for sure because even how much development or innovations or any fundamental news will arrive but the price is getting rekt or devastated some people will lose interest, which a very red flag for me. If they really support cryptocurrency, they will become consistent and stay no matter what. These people for sure are only here for money which we can't blame them.

Price matters here because cryptos are a currency and also an asset but it's very unprofessional if you will sell and abandon a great project who continues to try its best despite we are still in a bear only because you see that the price of their coin is declining.

We are supposed to show our support from our hardworking developers during these tough times by buying their coins so that they won't get discouraged but they will continue improving their projects. Now, I know why crypto is silent but once we get out of this bear we will see that cryptos are going to be crowded and noisy again because of those fake supporters who are here only to leech.

[bocyaj]

Crypto currency was in dump base,you need to wait for the next pump in the bitcoin price.Actually bitcoin price will be source of many of the coin,So I had said that one.Most of the crypto currency price was very low,you need to wait for longer period.With my calculation,we need to wait till the year end for the next big pump in bitcoin price.

[|MINER|]

Crypto currency was in dump base,you need to wait for the next pump in the bitcoin price.Actually bitcoin price will be source of many of the coin,So I had said that one.Most of the crypto currency price was very low,you need to wait for longer period.With my calculation,we need to wait till the year end for the next big pump in bitcoin price.

I am agreeing with you , I my opinion Crypto currency is not silent it follows its rules, whole crypto market is now down but for that here is no decrease rate of it , The market will come down and pump thus the cryptocurrency will run at its own pace.  There is nothing to be afraid of when the crypto market is down now, and the crypto currency is not silent and it is moving at its own pace.And now hopefully we will see a good pump in the market very soon