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Author Topic: Crypto market will pump soon?  (Read 572 times)
Justin999 (OP)
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August 23, 2023, 09:41:09 PM
 #1

Crypto market was going well, Bitcoin was pumping gradually and altcoins also following the path after bitcoin. But market get dumped recently. But today it shows good signs for something good to be happened. So what do you think? We are going to notice recovery soon? Or many dumps are waiting ahead?

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August 24, 2023, 04:56:38 AM
 #2

a few days ago the btc price did fall into, but indeed today the btc price started to increase, and now the btc price is in the range of $ 26669
but and I speculate that the price of btc will continue to rise because usually after a price decrease there is always a price increase. and in my opinion it could also be that the price of btc will increase and the reason is because soon there will be a btc halving in 2024.
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August 24, 2023, 07:23:14 PM
 #3

It is common circle in crypto industry, a cryptocurrency will be dumped after raise up and will pumped after fall down. A month ago crypto-currencies raised up with bitcoin, that's why market dumping now as cryptos always follows mother bitcoin. And still has possibility that we'll be eyewitness of many dump ahead before bull run as Bitcoin havling is near to happened. After that, we might be big pump in Crypto industry, in my opinion as this is just a prediction

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August 24, 2023, 08:15:52 PM
 #4

Crypto market was going well, Bitcoin was pumping gradually and altcoins also following the path after bitcoin. But market get dumped recently. But today it shows good signs for something good to happen. So what do you think? We are going to notice recovery soon? Or many dumps are waiting ahead?
The recent bitcoin market plumb has made a lot of negative vibes within the entire cryptocurrency market even though the year 2024 was welcomed with alot of positive market recovery after the Bitcoin market suffered a long period market bearish period, but we are going into another phase of recovery since the price drop recently have placed another round of long embargo on the level of price recovery that we will witness in the incoming days, weeks and month of the year 2023 be for the most acclaimed big event booked for 2024.


I speculate that Bitcoin is going to propel other coins into another phase of market recovery, but most of the coins that will be doing multiple price increases/recoveries will be projects that are within the new projects since the recovery in most altcoins is mostly impossible unless for a few old altcoins that can do that.

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August 24, 2023, 09:29:10 PM
 #5

Crypto market was going well, Bitcoin was pumping gradually and altcoins also following the path after bitcoin. But market get dumped recently. But today it shows good signs for something good to be happened. So what do you think? We are going to notice recovery soon? Or many dumps are waiting ahead?
We might not see the uptrend right now so better to focus on the current down trend which I can say is a good opportunity to fill up your holdings and buy good coins. Just try to analyze the price trend and I think we might see a cheaper market before it finally pumps. Recovery might takes time too, so make sure you plan ahead and if you do trading always gave your cut loss price. If you are a long term investor, then don’t be afraid of the dump, just buy more and keep holding until you reach your target price.

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August 24, 2023, 11:39:13 PM
 #6

Crypto market was going well, Bitcoin was pumping gradually and altcoins also following the path after bitcoin.
I just seeing bitcoin does opposite trend than what you have stated above. Bitcoin recoves but altcoin is not. How can you say that if altcoins were gradually following bitcoin while, in fact, it's only moving a bit from its bottom price?
I think that you shall try to take a look at the chart again. Altcoin is yet recovering from its bottom. It's still staying at bottom price.

But market get dumped recently. But today it shows good signs for something good to be happened. So what do you think? We are going to notice recovery soon? Or many dumps are waiting ahead?
Whales were dumping their bitcoin. It has been reported that spacex already dumped all of bitcoin owned by the companies. It's hard to predict caused by anything can happen int he market. The price will not be fluctuated.
It will be remain stable at the current price. You can expect nothing from the market right now.

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August 24, 2023, 11:43:13 PM
 #7

Crypto market was going well, Bitcoin was pumping gradually and altcoins also following the path after bitcoin. But market get dumped recently. But today it shows good signs for something good to be happened. So what do you think? We are going to notice recovery soon? Or many dumps are waiting ahead?
Don't get too excited with that.

The time will come that the market will recover no matter what happens and whatever is the situation for most altcoins.

You're right that we've seen a quick recovery but that's not enough as it dumps again. Just think of it that more dumps to come and you're likely to see more reds in the market. But it won't last longer as we approach to bitcoin's halving.
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August 24, 2023, 11:53:05 PM
 #8

Crypto market was going well, Bitcoin was pumping gradually and altcoins also following the path after bitcoin. But market get dumped recently. But today it shows good signs for something good to be happened. So what do you think? We are going to notice recovery soon? Or many dumps are waiting ahead?

Bitcoin:
It is difficult to rally so soon after a hard fall, once the initial bounce up is over. $25,000 was the low last time, so $25,700 will be the bottom this time.  Grin

Altcoins: Yes, the ones that survived being down ~90% from their ATH will be way overdue to rally soon.
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August 25, 2023, 12:12:38 AM
 #9

there's certainly gonna be some effect that caused by this recent dump of bitcoin but honestly if speaking frankly we haven't seen any signs of real bullrun yet, at best the most recent events was the appearance of L2 in which having massive valuation increase but thats it, and thats not even related with bitcoin at any way.
I think we should see current circumstances first then decide whether or not the market gonna have some pump in the future.
I could only just imagine that this dump effect will be short lived and bitcoin slowly but sure making its way up until the bullrun suddenly hits like in the previous year.
but we all know that sometimes history just don't repeats itself.

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August 26, 2023, 03:38:16 AM
 #10

(......)
So what do you think? We are going to notice recovery soon? Or many dumps are waiting ahead?
There's no recovery at all for me, because what we experienced recently is just a correction, just remember how fast we go above $30,000 after we back $20,000 this year.
So for me, the recent dump is a healthy price action of Bitcoin to continue it's bullish move upside.

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August 26, 2023, 03:41:45 AM
 #11

Crypto market was going well, Bitcoin was pumping gradually and altcoins also following the path after bitcoin. But market get dumped recently. But today it shows good signs for something good to be happened. So what do you think? We are going to notice recovery soon? Or many dumps are waiting ahead?

It is very early to say that the crypto market is recovering. At the moment the price gradually decreasing, and the chances are that it will decrease further in the coming months. We might see a sudden sharp dump in a couple of weeks. The market will probably recover in 2024 after BTC halving.  
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August 26, 2023, 04:31:41 AM
 #12

It’s still summer. Most likely most of September will be the same. The volume needs to come back. Right now we got no liquidity pretty much and hence why we get these large wicks on many timeframes.

Everyone is waiting and see what the result of the etf will be. If approved then we will really most likely. However it can take months for this result to come out. Many think it will be approved by year end or early next year.

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August 26, 2023, 10:30:20 AM
 #13

I won't expect for the market to pump this year because we are still in bear market and that's the same reason why that we can buy more due to discounted price as bitcoin this week fell drastically. So, it may have small tractions, but it doesn't affect the movement of the crypto market for sure.  We should expect the huge pump next year because of the halving and the cycle of bull market.

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August 26, 2023, 10:57:58 AM
 #14

of course the crypto market will pump soon (my prediction is 2024 at the time of Bitcoin halving), so don't just watch and regret it when the bullrun comes, because you don't take advantage of the current situation to invest in cryptocurrency, that's why I suggest you to buy and hold cryptocurrency that you want to invest, because soon (2024) the bullrun will come, so you will get a big profit from investing in cryptocurrency at this time.

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August 26, 2023, 01:05:51 PM
 #15

I don't think the market is likely to dump ahead.  Price ups and downs are a common cycle in the crypto industry. I think we will soon enter the bull run season. If we look at the current situation, it is clear whether there will be some pump in the market in the future. Because Bitcoin price changes are some clear indications of a bull market.  And a bull run is more likely towards the end of the year.  But those who want to invest still have an opportunity to buy good coins. Until 2023 the market may remain in this situation but in 2024 we will definitely see a positive change in the market.

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August 26, 2023, 04:30:20 PM
 #16

I won't expect for the market to pump this year because we are still in bear market and that's the same reason why that we can buy more due to discounted price as bitcoin this week fell drastically. So, it may have small tractions, but it doesn't affect the movement of the crypto market for sure.  We should expect the huge pump next year because of the halving and the cycle of bull market.
The recovery is still possible to happen, but it's not with the big pump. It's likely we must wait until bitcoin will have done another halving before we will able to see another huge pump to come for bitcoin. The same scenario happened last year once people were massively talking about the big pump after bitcoin was only getting slightly recovery from the bottom price. It's very boring to see people are always talking about "wen pump, wen pump". I guess if the price of bitcoin will be stagnant.
I expect the price of bitcoin to go back again to the 30k but this will not happen in a short time. Space x has been deciding to leave from crypto by selling its bitcoin asset. The market was greatly affecting by the decision from space x.
The strategy is to hold off until a major investor with considerable capital decides to pour their money into the bitcoin market. It's unlikely to happen in a short time, but there was a miracle. No pump soon.
I expect it to happen next years but not this year. 

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Dessy88
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August 26, 2023, 06:52:57 PM
 #17

Analyzing it is really stupid because we cannot explain the uncertain time. Moreover we can change positions in the crypto market by investing billions of dollars. However take advantage of the dump opportunity and buy the best coins that will be profitable for you. Do your research and you will find out that almost all the best coins are currently low in price so this is a golden opportunity for you.

kentrolla
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August 26, 2023, 07:17:18 PM
 #18

Looking at the market trend it looks like we might not see massive pump anytime sooner but again anything can happen, usually last quarter of the year are the one when we have seen bull runs. This time it's little different as as Bitcoin has dumped hard and usually it will regain value gradually before any pump and then we have bull traps as well. Market will indeed recover and bull runs and bear market will keep happening but many altcoins will die between bearish market and bull run. It's better to monitor Bitcoin closely.









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 ElonCoin.org 
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happen or be a part of it"
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bocyaj
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August 27, 2023, 12:23:52 PM
Merited by dansus021 (2), cytpoway121 (2), Nheer (1)
 #19

Crypto market was going well, Bitcoin was pumping gradually and altcoins also following the path after bitcoin. But market get dumped recently. But today it shows good signs for something good to be happened. So what do you think? We are going to notice recovery soon? Or many dumps are waiting ahead?

The demand for the bitcoin was increasing daily, many new people joining the crypto trading.The important factor is hold your valuable bitcoin, because 2024 will be the next expected halves.So the price of bitcoin will cross the 50k mark in 2024,patience is the key to get more profit from the bitcoin.Many good project was their like bitcoin such as ETH, ADA, MATIC, XRP.This are good project other then bitcoin now.If you have some unused dollars, hold that dollar in the crypto currency.The crypto currency will return you some good profit.
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August 28, 2023, 10:13:59 PM
 #20

...So what do you think? We are going to notice recovery soon? Or many dumps are waiting ahead?

Most investors expect that by the moment of the next halving, the bitcoin price will reach its ATH. But when this growth in the price of BTC will begin, no one can accurately predict. Therefore, you should use every BTC price reduction in order to buy more coins into your wallet.

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..BUY/ SELL CRYPTO..
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