Can anyone Predict What's going on crypto market?

[Wiwo]

We all know that it is impossible to predict the future of the crypto market. However, according to the current world economy, the market is still in a good position. Still, who knows if there is even any news or when this market will turn around again. According to the economy going down a bit too slowly can new investments be made at the moment.

Yeah very impossible to predict, the future price of bitcoin, this is because of two things which are events and market volatility.

The events that can make prediction of the future market direction impossible is a market crisis, such as bad news on an exchange hack or bankruptcy of exchange or legal barrels, all this is what makes up for the large percentages of the incidence that can affect the price at an unexpected time.

The second thing is bitcoin market volatility, this is one of the primary key features of bitcoin where bitcoin is volatile in price there for making price predictions impossible.

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[AakZaki]

Everyone only predicts supported by their own analysis both fundamentally and technically. We speculate on the price of bitcoin in the market and it will always be for the future. Nothing is certain so you (OP) must really consider your own risk to invest.

Negative and positive news will affect the price, so be sure to consider all the consequence of this investment if you want to do it. If you believe all of that can provide a worth it profit, then start investing. One more thing, any predictions and analysis results shared by people are not financial advice so do it at your own risk.

Predictions and analysis of other people are not recommended to be used as financial advice. Better to do the analysis yourself and while learning how to read the crypto market. The risk of investing in crypto must be considered for those who are new and really need to know what to do. about the consequences that will be obtained from the investment, of course, must be prepared. there will be some advantages and disadvantages when the analysis is done wrong. It's a risk that you have to be aware of.

[yhiaali3]

If you mean what is happening in the market right now then I think that is clear, due to the issue of Binance and Coinbase and the US pressure on crypto this caused a sharp decline in the market.

It's not bad anyway, because now the opportunity to buy is great and continue with the DCA strategy in the long term, and for those who are currently inside the deals, they should be patient rather than sell at a loss.

In general, the market cannot be predicted accurately, because sudden events such as these cause a change in the direction of the market and the failure of all predictions.

[ancafe]

If you mean what is happening in the market right now then I think that is clear, due to the issue of Binance and Coinbase and the US pressure on crypto this caused a sharp decline in the market.

Maybe it will slightly affect the journey of bitcoin due to the effects of the SEC suing binance as we are seeing right now and usually there will also be panic in the bitcoin market caused by investors who will try to withdraw from entering the market like what happened at FTX at that time.

It's not bad anyway, because now the opportunity to buy is great and continue with the DCA strategy in the long term, and for those who are currently inside the deals, they should be patient rather than sell at a loss.

But for us panic is not a good decision and we should use a downturn like this to try to buy bitcoins in large quantities, so that when the market returns to normal we can take advantage of it. Enjoying FUD conditions will feel more profitable and it is at such times that we can collect bitcoins in larger quantities than usual.

In general, the market cannot be predicted accurately, because sudden events such as these cause a change in the direction of the market and the failure of all predictions.

Such is the volatility of bitcoin that can change so quickly beyond predictions, the direction of the market cannot be predicted precisely and very often some changes will make conditions that are green become redder and vice versa.

[taufik123]

-snip-
It's not bad anyway, because now the opportunity to buy is great and continue with the DCA strategy in the long term, and for those who are currently inside the deals, they should be patient rather than sell at a loss.
-snip-

DCA will indeed be very good to implement, but we also need to see how the current state of the crypto market.
Conditions are still quite risky to enter because it is feared that there will be another crash. and also preparing spare money to buy back will be very useful.
More and more assets are bought at low prices and can last for the long term.

In general, the market cannot be predicted accurately, because sudden events such as these cause a change in the direction of the market and the failure of all predictions.

Such is the volatility of bitcoin that can change so quickly beyond predictions, the direction of the market cannot be predicted precisely and very often some changes will make conditions that are green become redder and vice versa.

Like the current condition, when the market is back in the green and the market analysis is quite good, but in the end the market is back to bearish because of some news about the legal dispute of the company Binance US with Wall Street's main regulator, the Securities and Exchange Commission (SEC).

The crypto market suddenly crashed and made Bitcoin and altcoins experience a deep decline.
This problem is very influential because Binance is the largest and most popular exchange today so it can affect the crypto market.
a lot of panics among US citizens occurred by selling crypto assets simultaneously.

[Falconer]

-snip-
It's not bad anyway, because now the opportunity to buy is great and continue with the DCA strategy in the long term, and for those who are currently inside the deals, they should be patient rather than sell at a loss.
-snip-

DCA will indeed be very good to implement, but we also need to see how the current state of the crypto market.
Conditions are still quite risky to enter because it is feared that there will be another crash. and also preparing spare money to buy back will be very useful.
More and more assets are bought at low prices and can last for the long term.

Wasn't DCA meant so you could have a budget when bitcoin goes down after you've spent part of your budget on the first entry? It's fine to buy right now as long as you do DCA, I mean any budget left in your account balance then that's your reserve budget if bitcoin actually goes down.

If you buy lump sum instead of DCA, then of course you should have another budget as a reserve in case the bitcoin price doesn't turn out to be what you expected. This will obviously help to accumulate bitcoin at a low price, but when you come with DCA then you already have a reserve budget in case the price drops again.

[zaim7413]

We all know that it is impossible to predict the future of the crypto market. However, according to the current world economy, the market is still in a good position. Still, who knows if there is even any news or when this market will turn around again. According to the economy going down a bit too slowly can new investments be made at the moment.

Prediction can be simplified as an estimate or likelihood or chance of something happening. Predictions are on two possibilities "will happen or will not happen". Predictions are made based on signs that indicate an event will appear but predictions are not always correct. Never rely on predictions made by other people as a basis for jumping into the market, you need to make your own predictions based on research conducted with price movements that have occurred before.
The combination of price history with current issues can be a reference for you in making decisions, your own predictions will build confidence in you when you want to do something.

[tygeade]

We all know that it is impossible to predict the future of the crypto market. However, according to the current world economy, the market is still in a good position. Still, who knows if there is even any news or when this market will turn around again. According to the economy going down a bit too slowly can new investments be made at the moment.

Not really, some people will claim that they can, and they will be wrong eventually so it is not true. But, being right "most of the time" is enough for sure. I have met with people who lost thousands and thousands of dollars, like their wrong bets were somewhere around 270k dollars at the time, but they won over 1+ million dollars as well. Which shows that they are not right all the time and can't predict it at all, but they can know enough times to make a profit which is all that matters.

Do not aim to be right all the time, that will not happen and you will not make any money from that. Aim at making as much money as you possibly could and be in profit, if you are in profit overall then the times you have lost will not matter as much since they will be silenced by the profits you made.

[Semar Mesem]

If there is someone who can predict market prices in the future of course he can be the world's number #1 richest person, I got to know bitcoin in 2014 when the price was below $ 1000, if I can predict the price then I will sell all the assets I have then sell when the price is $69k.

[fullhdpixel]

-snip-
It's not bad anyway, because now the opportunity to buy is great and continue with the DCA strategy in the long term, and for those who are currently inside the deals, they should be patient rather than sell at a loss.
-snip-

DCA will indeed be very good to implement, but we also need to see how the current state of the crypto market.
Conditions are still quite risky to enter because it is feared that there will be another crash. and also preparing spare money to buy back will be very useful.
More and more assets are bought at low prices and can last for the long term.

DCA is when you buy Bitcoin or any cryptocurrency with only a portion of your capital and leave the remaining as spare so that if the price drops more, you can buy more and have a better buying average. So no matter how bad the market condition is, doing DCA won't be a bad thing as long as one has enough funds to be able to buy at least 4 to 5 times if the price keeps falling from its current position.

The sudden market crash is caused by all the bad news circulating in the market causing FUD and panic all around, those with paper hands are not able to keep it together and are selling like there is no tomorrow and it is all over already.

[Adbitco]

There are still chances for the market to still dip down the crisis across cryptocurrency exchange such as Binance and some others are causing panic to the entire market which is affecting Bitcoin and Altcoin price. Someone to buy now is good though but there are likelihood for the price to dip even more than its current position now, why not slow a bit or being too haste to make investment at this point or if you are that pretty cool with DCA i suggest is the best alternatives due to imbalance and instability of price.

[ancafe]

Like the current condition, when the market is back in the green and the market analysis is quite good, but in the end the market is back to bearish because of some news about the legal dispute of the company Binance US with Wall Street's main regulator, the Securities and Exchange Commission (SEC).

The crypto market suddenly crashed and made Bitcoin and altcoins experience a deep decline.
This problem is very influential because Binance is the largest and most popular exchange today so it can affect the crypto market.
a lot of panics among US citizens occurred by selling crypto assets simultaneously.

Although the base is located in the jurisdiction of the United States of America, this impact is quite large for crypto because we see how the market conditions are going at the moment and it is true as you said because this exchange is big and the choice of many people, so there is panic in the market and try to withdraw or sell assets simultaneously, it ultimately resulted in market chaos that left everything unstable until today. Based on the current conditions, it will be difficult to predict the price of bitcoin because it talks about the volatility caused by the condition of the exchange experiencing problems.

Therefore trying to take advantage of conditions like this is a good step, at least we can take the approach of buying much larger than the usual price. Negative situations that occur like this are not always seen as a bad thing and anyone who can take advantage of market conditions like this then I'm sure when the market returns to normal we can take maximum profit.

[Inspiron14]

What's going on? Don't you know that we are currently in a bear market?
Bitcoin has clearly fallen from its all time high of $64k to $17k and now it has indeed recovered to $25k but from the Bitcoin market movement it is still very bearish,
Altcoins are also included in this cycle, it is really painful to see altcoin prices dump up to -90%.

[el kaka22]

Prediction is not the thing you should be trying to learn, because it is always a very wobbly result, sometimes you are right and sometimes you are wrong, so it would not be smart to try to predict. Instead you should try to learn how to wait, because waiting is the majority of what we do here and that's why it becomes so important to learn how to wait.

If you can wait long enough then you are going to be able to actually do something about it, but that doesn't mean that we are going to be able to do that easily neither. So, learn what you are doing at this point but that doesn't mean that we are going to end up with correct prediction so just learn to wait, if you can wait then you could just end up with something much better.

[Silberman]

Prediction is not the thing you should be trying to learn, because it is always a very wobbly result, sometimes you are right and sometimes you are wrong, so it would not be smart to try to predict. Instead you should try to learn how to wait, because waiting is the majority of what we do here and that's why it becomes so important to learn how to wait.

If you can wait long enough then you are going to be able to actually do something about it, but that doesn't mean that we are going to be able to do that easily neither. So, learn what you are doing at this point but that doesn't mean that we are going to end up with correct prediction so just learn to wait, if you can wait then you could just end up with something much better.

This is a nice point, one of the most important abilities that a trader can cultivate is to let the trade come to them, basically many traders out there are trying to force things out and they make a trade when their chances of succeeding are on the low side, if instead they learned how to wait and to not make a trade until the market conditions were perfect for it then not only their winning chances will go up but their profits will increase as well, as at that point they will make their trades at the best possible moment to do so.

[Weawant]

What's going on? Don't you know that we are currently in a bear market?
Bitcoin has clearly fallen from its all time high of $64k to $17k and now it has indeed recovered to $25k but from the Bitcoin market movement it is still very bearish,
Altcoins are also included in this cycle, it is really painful to see altcoin prices dump up to -90%.

Not as painful as you think because it was expected and many of them will keep on falling because investors will keep pulling their cash out of the market. Altcoins only get investment in because people believe since Bitcoin is doing well that other cryptocurency will increase as well.

But as the market is now, Bitcoin isn't doing well therefore it'll be hard for investors to trust altcoins. The recent market crash was because of the security and exchange commission going after specific altcoins and their prices are crashing as they're getting delisted.

In few months from now, maybe from next year, things will be different as the price of coin in the market will change movements from dumping to pumping due to the halving of Bitcoin happening next year. Nothing is permanent in the cryptocurency market, it's just a phase.

[lunnatic]

What's going on? Don't you know that we are currently in a bear market?
Bitcoin has clearly fallen from its all time high of $64k to $17k and now it has indeed recovered to $25k but from the Bitcoin market movement it is still very bearish,
Altcoins are also included in this cycle, it is really painful to see altcoin prices dump up to -90%.

Not as painful as you think because it was expected and many of them will keep on falling because investors will keep pulling their cash out of the market. Altcoins only get investment in because people believe since Bitcoin is doing well that other cryptocurency will increase as well.

But as the market is now, Bitcoin isn't doing well therefore it'll be hard for investors to trust altcoins. The recent market crash was because of the security and exchange commission going after specific altcoins and their prices are crashing as they're getting delisted.

In few months from now, maybe from next year, things will be different as the price of coin in the market will change movements from dumping to pumping due to the halving of Bitcoin happening next year. Nothing is permanent in the cryptocurency market, it's just a phase.

Old investors really don't feel pain, but a new investors who have just bought Bitcoin and altcoins in 2022 will certainly experience it,
moreover they will definitely ask why the market is like this and the answer is indeed one, yes, the bear market is the cause.

[Mahanton]

What's going on? Don't you know that we are currently in a bear market?
Bitcoin has clearly fallen from its all time high of $64k to $17k and now it has indeed recovered to $25k but from the Bitcoin market movement it is still very bearish,
Altcoins are also included in this cycle, it is really painful to see altcoin prices dump up to -90%.

Not as painful as you think because it was expected and many of them will keep on falling because investors will keep pulling their cash out of the market. Altcoins only get investment in because people believe since Bitcoin is doing well that other cryptocurency will increase as well.

But as the market is now, Bitcoin isn't doing well therefore it'll be hard for investors to trust altcoins. The recent market crash was because of the security and exchange commission going after specific altcoins and their prices are crashing as they're getting delisted.

In few months from now, maybe from next year, things will be different as the price of coin in the market will change movements from dumping to pumping due to the halving of Bitcoin happening next year. Nothing is permanent in the cryptocurency market, it's just a phase.

Old investors really don't feel pain, but a new investors who have just bought Bitcoin and altcoins in 2022 will certainly experience it,
moreover they will definitely ask why the market is like this and the answer is indeed one, yes, the bear market is the cause.

For those who had witness and experience out this market for how many years wouldnt really be shocked whenever there's a price dump or correction here on this market. but for those people who had just recently
known or jumped in into this market would really be freaking out on what they are current seeing. They would be having those thoughts and beliefs on the time that they had invested then market would simply
just goes up and up without even trying to look out on the possible things that could happen along the way. Sooner or later they would really be able to realize that its never been that easy on dealing with this space specially if its really that speculative then it would really be just right that you should really be having that speculative approach as well. The best thing on here is that you should expect the unexpected
because there are lots of things which would shock you once you do deal up with this market.

[gunhell16]

With the current value of Bitcoin today it can be said that we are still in a bullish trend, but when it drops by 24k$, we will probably be at the bear market level again. Due to the negative news that is happening now in the world of the crypto industry due to Fuds and others, the movement of the Bitcoin market is also affected.

But even though this is happening, it is expected by other traders here in the Bitcoin field industry. That said, if there is a critical situation now it means there's an opportunity for sure. So, in my point of view at this moment it's time for us to buy a seed then sow it and wait for your reap. Since none of us here can't predict what is going to happen in the future market.

[Yaunfitda]

With the current value of Bitcoin today it can be said that we are still in a bullish trend, but when it drops by 24k$, we will probably be at the bear market level again. Due to the negative news that is happening now in the world of the crypto industry due to Fuds and others, the movement of the Bitcoin market is also affected.

Technically we are still in the bear market, it's that after we hit the bottom price of $15,500, at the start of the year, we have a good recovery in our hand. However, it' was just short lived, as after April, the price become stagnant and sideways and now we have broken the support like of $25k. So this might be a good news for us.

But even though this is happening, it is expected by other traders here in the Bitcoin field industry. That said, if there is a critical situation now it means there's an opportunity for sure. So, in my point of view at this moment it's time for us to buy a seed then sow it and wait for your reap. Since none of us here can't predict what is going to happen in the future market.

You mean opportunity to buy at the this price? yeah, this is another golden time for us to somehow fatten our wallet because the price is below $25k. As for the price prediction, yeah, definitely no one can see the future. All we can do is go long term though and look for the next bull run next year. And with that, if we wanted to make huge profits then this is a buying zone for us.