Crypto Crash Incoming?

[Eternad]

The current weather is not in favor of crypto that's for sure. Inflation is not stopping which means the interest rates will keep rising. The money gets more expensive to borrow which means less money will go to risky assets like crypto. You don't have to be super smart to tell what's happening and what is likely to happen in the future. It all depends on the FED's actions and they won't be slowing down any time soon.

When interest rates rise, the investment will fall. And in this situation, nothing can be done. Moreover, various US organizations say that the world economy is heading towards a recession. Considering this topic, it is clear that the crypto can move to a lower position. At least we'll have to wait until early next year to figure it out.

The recession has just begun and the worse things are about to happen. The inflation crisis is unstoppable so there's a huge possibility that its effect on the crypto market is negative so we can expect a huge pump for now. The market will always be affected by the negative criss that could happen around us and if the recession period would get better, that's the time that the market can recover as well.

I think you mean dump. Yeah, Economic crisis due to inflation is getting worst. The current price of Bitcoin is below 20K level which below the strong support while the Feds news will be released next which probably create FUD to crypto market and might bring down more the price to new lows.

I’m very tempted to short the market but the price swing is very scary too which can liquidate my position once the Feds result is good next week.

[dimonstration]

The current weather is not in favor of crypto that's for sure. The inflation is not stopping which means the interest rates will keep rising. The money gets more expensive to borrow which means less money will go to the risky assets like crypto. You don't have to be super smart to tell what's happening and what is likely to happen in the future. It all depends on the FED's actions and they won't be slowing down any time soon.

When interest rates rise, investment will fall. And in this situation nothing can be done. Moreover, various US organizations say that the world economy is heading towards recession. Considering this topic, it is clear that the crypto can move to a lower position. At least we'll have to wait until early next year to figure out.

The average recession duration is 10 months but I’m not sure if same will happened in the current market since inflation is much higher now compared before. There is also war happening right now that affects the price of oil and other goods that Russia supply. I thinkthis recession will gonna be the worst in the history and crypto will surely gonna experience a bloodbath too same as stocks since people will secure money for there own good and forget investment during this time.

[Emitdama]

The current weather is not in favor of crypto that's for sure. The inflation is not stopping which means the interest rates will keep rising. The money gets more expensive to borrow which means less money will go to the risky assets like crypto. You don't have to be super smart to tell what's happening and what is likely to happen in the future. It all depends on the FED's actions and they won't be slowing down any time soon.

Weather? Do you mean the bear? But, that's true because no matter what the cryptos are doing, no matter how much positive news we are seeing and no matter how many people are buying, we will always end up on this current price range we have now. It's like the bear won't permit the cryptos for going up.

We can just assume that it wasn't the time yet but as soon as it expires the bear will always unchain the cryptos and they are free to do whatever they want (preferably to pump higher). Being smart won't let you accurately predict the future but if you are smart you know will know how to find a clue if what can possibly happen next.

[isaac_clarke22]

~

This was what I was thinking. Haven't we already? I would not call it crash though since it is kind of giving me the negative vibes in the market. I would just call it "bearish season".

As of writing this, Bitcoin is now above 19k, so maybe that's it now? It is still stabilizing around that price, so I guess we have to take as much Bitcoin as we can before it goes up again. That 2020 year crash was my my expectation that Bitcoin will be adopted a lot since personal transactions aren't a thing for a while though I was wrong.

[rhomelmabini]

I think that we have bottomed already because I can't imagine what would cause the Cascade that we had I mean back in June we had a Cascade way worse than March 2020.

I tend to disagree, it's still on the grey area this time and there isn't clearly good patter to know when we are going. I think it may fall between $14k-$15k but that's just my wild guess and what I can catch if it goes down once again, just ready on the possible scenarios.

[newdevices]

I don't know if this is related or not but I think crypto will also be affected. Some media broadcasts that we will enter the 2023 economic crisis and the worst is 2024. I think the impact on crypto will also be felt considering we still need fiat to make transactions here, maybe this will also have an impact on the destruction of crypto itself.

I'm 100% sure if the world really experiences something like you said in 2024 it will get worse,
then crypto will not be destroyed but crypto will really have a value that you will never understand.

[Silberman]

The current weather is not in favor of crypto that's for sure. Inflation is not stopping which means the interest rates will keep rising. The money gets more expensive to borrow which means less money will go to risky assets like crypto. You don't have to be super smart to tell what's happening and what is likely to happen in the future. It all depends on the FED's actions and they won't be slowing down any time soon.

When interest rates rise, the investment will fall. And in this situation, nothing can be done. Moreover, various US organizations say that the world economy is heading towards a recession. Considering this topic, it is clear that the crypto can move to a lower position. At least we'll have to wait until early next year to figure it out.

The recession has just begun and the worse things are about to happen. The inflation crisis is unstoppable so there's a huge possibility that its effect on the crypto market is negative so we can expect a huge pump for now. The market will always be affected by the negative criss that could happen around us and if the recession period would get better, that's the time that the market can recover as well.

I also think the worst is yet to come in both the economy and the market of cryptocurrencies, so with this in mind it is necessary that we begin to take steps to protect ourselves from what is coming, the most important thing to do is to pay whatever debts you have, I know this is not easy especially if you have yet to pay your mortgage but if possible it has to be done or there is a real risk you could lose your home during the next years.

[Slow death]

so far the market is going through a lot of uncertainties and the price of bitcoin is not managing to stay at least above 21000$ and at this rate it is enough for it to fall to 18000$ and people panic and we will see a deeper price drop and scary and it could even drop to 14000$, but that will only happen if the price drops below 18000$ to 16500$, for now we just have to be patient and observe which direction the price is going, I particularly if I saw the price to fall a lot, I would take this as a good opportunity to buy, I'm even accumulating money so if the price drops a lot I buy, I gave bitcoin case example because when bitcoin price goes down, it carries all altcoins together, so a bitcoin drop to 14000$, we will see a big altcoin drop

[OgNasty]

It's starting to feel more and more like we aren't going to see a big crash.  Mining profitability is starting to creep back (not quite there yet) and we're passing through the danger zone as far as the 4 year Bitcoin cycle is concerned.  It wouldn't surprise me to see a rally here where pretty much the entire market jumps up 50%.  I think the only thing that's holding everything back at the moment is capitulation from miners who are throwing in the towel and the big unknown of what will happen when the mtgox coins hit the market.

[cryptomaniac_xxx]

It's starting to feel more and more like we aren't going to see a big crash.  Mining profitability is starting to creep back (not quite there yet) and we're passing through the danger zone as far as the 4 year Bitcoin cycle is concerned.  It wouldn't surprise me to see a rally here where pretty much the entire market jumps up 50%.  I think the only thing that's holding everything back at the moment is capitulation from miners who are throwing in the towel and the big unknown of what will happen when the mtgox coins hit the market.

Yeah, the hashrate even goes up in the last couple of days, and then moving bitcoin around is quite cheap, (less than 1$). So we can fly by that danger zone right now, if miners will make some profits and not break even just for mining bitcoin.

I doubt though that a 50% rally is going to present itself, maybe just a few bounce here and there and the end result is we are going to trade sideways. What surprise me if the price goes up like to $30 at the end of the month.

[dothebeats]

I don't think the crash will be as hard as it was before. A lot of things has changed since then, and we definitely have more players in the game that are already involved in the crypto market that would surely not want the price to go lower than their entry points. If there will be a crash, it will be somewhat subtle and we can surely take the blow. The world economy is going to shit, and the money flowing out of it has to go somewhere. Stocks are slowly getting deemed as overvalued as well and that too, is prone to a huge crash. It's either just precious metals or crypto, as hoarding cash with the world currencies going under is just straight up dumb.

[Hypnosis00]

I don't know if this is related or not but I think crypto will also be affected. Some media broadcasts that we will enter the 2023 economic crisis and the worst is 2024. I think the impact on crypto will also be felt considering we still need fiat to make transactions here, maybe this will also have an impact on the destruction of crypto itself.

It is all affected, indeed. What happens to the economy, market inflations make everything around got affected. However, I don't simply think this is the reason we felt worried about the incoming as I believe that this situation will not be forever but also have an end. Thinking about the situation every day will even make it worse for us and even more stressful. The only thing we do now is to keep patient and strong, let this things be done someday while holding our coins.

[eaLiTy]

~
If there will be a crash, it will be somewhat subtle and we can surely take the blow. The world economy is going to shit, and the money flowing out of it has to go somewhere. Stocks are slowly getting deemed as overvalued as well and that too, is prone to a huge crash. It's either just precious metals or crypto, as hoarding cash with the world currencies going under is just straight up dumb.

If there is a collapse in the financial sector, the stock market will go down as well and people will be moving their wealth to metals and i highly doubt anyone would consider cryptocurrency market as a safe heaven when there is a financial crisis as we are known to have a highly volatile market even during normal time and then to expect anyone to consider them as a safe heaven during financial crisis would be comical  .

[harizen]

I don't think the crash will be as hard as it was before. A lot of things has changed since then, and we definitely have more players in the game that are already involved in the crypto market that would surely not want the price to go lower than their entry points. If there will be a crash, it will be somewhat subtle and we can surely take the blow.

Honestly, this year was the hardest compared to before.

Imagine from around $60,000 peak last March 2021, wherein it the growth was at 963% during the prior 12 months, the current price is now sitting at $19,000 to $20,000. I agree with you that for every crash that will happen in the future, the community is now used to it as we are not talking about the market will really crash into the worst bottom.

That was unlikely to happen*.

[Lambe Ndumble]

The bearish market is almost a year to make a long storm so that it makes many altcoins dead, of course this is a heavy ordeal for developers and investors must always see the latest information so as not to be too losing.

[dansus021]

its already incoming you didnt watch the past of 5 month  the market isn't running well because the recent news sine the economic not full recover yet from pandemic the war and the world bank that try to increase rates is bad for any market

we don't know the market bottomed out is since we are not a wizard but maybe this is not bottom yet but bitcoin has been retested many times at $18K so i don't know this will be bottomed or not

[adzino]

Hard to understand what you wrote. But, there is no "crash incoming". Those are all FUD's and don't fall for it. We always hear about the "crash", no matter what is happening to the market and what time is it. The market is in a bull run? We hear "crash incoming". The market is in bear state. We hear further "crash incoming". So just ignore what you read and keep investing and holding.

By the way, you should look at the charts again. During the early pandemic (that is what you mean by the government shutting down the whole world, yeah?), the price didn't crash. It will up and skyrocketed.

[Marvell1]

The current weather is not in favor of crypto that's for sure. The inflation is not stopping which means the interest rates will keep rising. The money gets more expensive to borrow which means less money will go to the risky assets like crypto. You don't have to be super smart to tell what's happening and what is likely to happen in the future. It all depends on the FED's actions and they won't be slowing down any time soon.

When interest rates rise, investment will fall. And in this situation nothing can be done. Moreover, various US organizations say that the world economy is heading towards recession. Considering this topic, it is clear that the crypto can move to a lower position. At least we'll have to wait until early next year to figure out.

The average recession duration is 10 months but I’m not sure if same will happened in the current market since inflation is much higher now compared before. There is also war happening right now that affects the price of oil and other goods that Russia supply. I thinkthis recession will gonna be the worst in the history and crypto will surely gonna experience a bloodbath too same as stocks since people will secure money for there own good and forget investment during this time.

I don't know how long the previous crises lasted but this one was caused by the covid pandemic and unfortunately, war between Russia and Ukraine broke out shortly after which made everything worse without war then I believe the crisis would not be as bad as it is now. So I think the crisis only ends when the war ends, as long as the war continues, the world supply will be short, inflation will remain. Not only financial markets but the whole economy will be hit harder.

[gunhell16]

As far as I know, the market started to fall hard when Terra Luna started having problems, and a lot of people were affected by that, including the celsius you are talking about.

So what you are asking is crypto crashed? how many times does that happen, dude, I just don't understand what you base the 16,000 value on. Because currently, the price of Bitcoin is at 20k$ plus the price value in the market.

[WalkerIVIV]

The bearish market is almost a year to make a long storm so that it makes many altcoins dead, of course this is a heavy ordeal for developers and investors must always see the latest information so as not to be too losing.

It's not all of altcoins dead. Some are even making huge gains during the bearish market. Don't mislead people about that. The problem is crypto crash can happen anytime and people are stioll feeling worry to invest their money.
People are also aware about this too. In my opinion if crypto crash was a common thing