The hype ends ?

[FireDAOJackie_Z]

In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $1,800, same as some other big name altcoins. Even the new listed ARB has enjoyed an ATH around $1.3(if I am not wrong), and Dogecoin price was suddenly reaching an ATH at almost $0.1 after Elon Musk changed the Twitter logo as Dogecoin. However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation ? Until the next bull market comes, is this hype considered over now ? Please let me know your thoughts. By the way, I am with FireDAO team, in charge of the global community. Please feel free to contact me should you have any inquiry.

[raidarksword]

A little correction with the market is not that alarming at all hence market has its own cycle to begin with, likely we are in good market conditions that indicates more recovery more to come, in short the market is bullish. The hype is still there and no need to worry about it because bitcoin is making good charts that also indicates we will repeat a same scenario for the upcoming bull market and halving as well.

[FireDAOJackie_Z]

A little correction with the market is not that alarming at all hence market has its own cycle to begin with, likely we are in good market conditions that indicates more recovery more to come, in short the market is bullish. The hype is still there and no need to worry about it because bitcoin is making good charts that also indicates we will repeat a same scenario for the upcoming bull market and halving as well.

Yes it is. The market is all good now. Today the Bitcoin price has surged to somewhere around $30,000. A lot more people will buy in as the market continues to stride. Good for us.

[bittraffic]

The thrill is gone for Doge. It only rises a few cents after Musk changed Twitter's logo to doge. But I think it's only because most of the investors today are focusing on investing in BTC. BTC is the most popular after all. But sooner when the sell orders on Doge are only a few, we will see the price goes up. It should be obvious by now that Doge is up there on the ranking.

[peter0425]

when you created this thread , Ethereum already have reached 19 hundred and not 1800 .

and hype ending? Am not sure because just this moment , Bitcoin had 30k and ethereum is almost 2k  , meaning the bull is just starting .

and the hype is only traying to start up , maybe we will be seeing in the next couple of weeks there is a changes but then there are no assurance , because recovery and correction is always go together.

[Luffygroove]

Nah, I think it's only how crypto works nowadays in the sideways season. Some peaking happened because of a couple of good news stories here and there. For example, this surge in the price of Bitcoin to $30K was because of some good news, like that China seems to be glancing back at bitcoin, as Douyin shows the bitcoin price live (source: https://twitter.com/CoinWOfficial/status/1645461730833858561?t=2-_iFGkxNgn1FwC6WjORIw&s=19), and bitcoin becomes the best investment in Q1 2023 (source: https://technext24.com/2023/04/04/bitcoin-shines-in-q1-2023-time-invest/) and more I believe the real bull run will still happen in 2024 or 2025 if we refer to history, when the bitcoin halving will be coming.

[Wexnident]

In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $18,000, same as some other big name altcoins. Even the new listed ARB has enjoyed an ATH around $1.3(if I am not wrong), and Dogecoin price was suddenly reaching an ATH at almost $0.1 after Elon Musk changed the Twitter logo as Dogecoin. However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation ? Until the next bull market comes, is this hype considered over now ? Please let me know your thoughts. By the way, I am with FireDAO team, in charge of the global community. Please feel free to contact me should you have any inquiry.

Doge is well, Doge, I don't think we need to mind the pumps and dumps there. Bitcoin going up to 28 was probably just it correcting itself after some massive dumps last year, honestly should've been sooner but with back to back negatives about the crypto scene, well, this is what we get (and to note crypto just rose up to 30k recently). Eth and probably other crypto markets just followed BTC I reckon.

As for the future ehh, a sideways movement leaning more on growing the price. It wouldn't show explosive changes but gradual instead imo (maybe except some booms here and there)

[vitya1982]

What an interesting timing for this thread. BTC hits $30K just on the next day and internet explodes about it. I just hope it's gonna keep that level and the altcoins will follow.

[Mttewndew]

The recent market correction may have put a damper on things, but it's important to always stay on top of security when it comes to our crypto assets. That's why I love using XGo and their WalletID feature. Not only does it make accessing my funds easily, but it also reduces the risk of sending funds to the wrong address. Sounds great if you ask me.

[mich]

Yes I am just about to say this. I think the hype is now going to begin to pick up even more now. Bitcoin is 30k and the alt coins are showing gains also.
It took us a long time to break past this 30k. We did not see a Bitcoin price of 30k again since June of last year which is almost 1 full year. Maybe we can prepare for a 'bull run'.

[Chainsmokers]

Yes I am just about to say this. I think the hype is now going to begin to pick up even more now. Bitcoin is 30k and the alt coins are showing gains also.
It took us a long time to break past this 30k. We did not see a Bitcoin price of 30k again since June of last year which is almost 1 full year. Maybe we can prepare for a 'bull run'.

Either way it's a good thing but we need to look at it as a whole because anything can happen,
hope Bitcoin continues to show a positive trend,
the important thing is to continue to follow developments and let's see whether it will be a bull run or not.

[yazher]

A little correction with the market is not that alarming at all hence market has its own cycle to begin with, likely we are in good market conditions that indicates more recovery more to come, in short the market is bullish. The hype is still there and no need to worry about it because bitcoin is making good charts that also indicates we will repeat a same scenario for the upcoming bull market and halving as well.

When the price suddenly drops, that's not a sign of the end of the hype rather sometimes it's just a matter of common basic things that are always happening in the crypto market. remember that the crypto market is volatile and things like this can always occur but that does not mean that it won't recover and push even harder than it was. sometimes after correction, there will be bull runs after that and it will be best if you can just hold on to your investment rather than panicking and blindly selling it without hesitation because there will be a chance for the price to increase after that.

[livingfree]

In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $18,000

You've typed one more zero for ETH's price and right now, it has reached $1900.

Even the new listed ARB has enjoyed an ATH around $1.3(if I am not wrong)

I see on its chart that it's around $1.54.

and Dogecoin price was suddenly reaching an ATH at almost $0.1 after Elon Musk changed the Twitter logo as Dogecoin. However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation ? Until the next bull market comes, is this hype considered over now ? Please let me know your thoughts. By the way, I am with FireDAO team, in charge of the global community. Please feel free to contact me should you have any inquiry.

Well, the hype is starting to get near again because the bull run might occur soon. These market fluctuations are normal and whenever bitcoin shows dominance and increase in price, all cryptos are following.

[Fundamentals Of]

The hype can only be applied to Dogecoin I think. Elon Musk started it with another antic. Aside from Elon replacing the Twitter logo with Dogecoin's logo, there is nothing special development or update announced about Dogecoin. As to Bitcoin and Ethereum, I didn't see any hype. Bitcoin's upcoming halving is not yet causing a hype. Ethereum's next upgrade is also not causing the kind of quick hype that Elon caused to Dogecoin's price.

[Jackl87]

In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $18,000, same as some other big name altcoins. Even the new listed ARB has enjoyed an ATH around $1.3(if I am not wrong), and Dogecoin price was suddenly reaching an ATH at almost $0.1 after Elon Musk changed the Twitter logo as Dogecoin. However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation ? Until the next bull market comes, is this hype considered over now ? Please let me know your thoughts. By the way, I am with FireDAO team, in charge of the global community. Please feel free to contact me should you have any inquiry.

I personally would still say, that the overall market conditions are still positive in the crypto space. I mean for example BTC was going up from around 17k $ per coin to now 30k$ within the last 4 months or so. So i would guess that everyone agrees, that this is a huge positive price movement. At the moment the 30k$ mark is tested, which is a pretty important symbolic barrier. Of course it is also just normal, that the price can not go up 5% every day. There need to be time spans between the pump where the price is going sideways or even going down a bit again, because people are taking profits and selling a bit of their holdings too.

[Ojima-ojo]

In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $18,000, same as some other big name altcoins. Even the new listed ARB has enjoyed an ATH around $1.3(if I am not wrong), and Dogecoin price was suddenly reaching an ATH at almost $0.1 after Elon Musk changed the Twitter logo to Dogecoin. However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation? Until the next bull market comes, is this hype considered over now? Please let me know your thoughts. By the way, I am with the FireDAO team, in charge of the global community. Please feel free to contact me should you have any inquiries.

The hype is not over yet as there is a new price trend now that bitcoin have crossed $30,000 this will be another ground for so many altcoins to also pick in their market any moment from now since they always follow the bitcoin market trend each point, bitcoin has to open another round of price speculation in the last weekend when it made that significant move and I also see how other coins are already showing positive outlooks in their charts this morning.


This year may be another bull year for Bitcoin, but I can't say that for sure for altcoins since the altcoin market is highly volatile and highly centralized which allows it to be easily manipulated at whatever time.

Take a look at the altcoin market to see some insane price movements that are beyond market analysis, those are the pump we are talking about, the price can do 10x within a few hours it will take 20x shade off when the prices of the leading asset correct back, this is how bad altcoin pump is.

[Johnyz]

There's no need for a hype with Bitcoin, it is the living proof of a better crypto.
It is not manipulated by any individual, though a big news can affects its price but in the long run Bitcoin will always prevail. What can you expect from Elon Musk? He's not a good guy and only promotes for his own benefit, imagine if you follow that hype and get trap again. Elon should be more responsible for doing such hype.

[fvb]

I can’t say with great certainty that everything went up. But what is happening at the moment is already better than it was a long time ago. And I am glad that new promising projects are appearing, and the old ones are opening up a second wind, but in general the situation is pleasing and I think that there is an improvement

[jrrsparkles]

BTC crossed 30K today and other coins too increasing so the bull run just started not ended whereas we can expect a correction sooner or later so for altcoin investor its good time for short term investments but don't choose just random coins and also make sure you utilise the stop loss feature of exchange to avoid loss incase of market correction.

[Apocollapse]

This year Bitcoin price high likely will not break new ATH because the halving event will happen in the next year, this year the price will stay at around $25K - $40K, it's already good enough, don't expect to high in this year.

Elon should be more responsible for doing such hype.

He was been warned in the last year since it's when the Dogecoin price up and people are hype with meme coins, it's followed by other meme coins like Shiba Inu and other doggy coins.