Cryptocurrency is silent why?

[Fatunad]

Market used to settle down after a massive growth. I see it in that way. The price reached the peak and the same is settling down, so that the next push will happen. In between market fluctuations moving within specific barriers is common market movement that happens out of the events that takes place connective to the cryptomarket. For now there is no big event happening. Even something positive isn't making big change in the market.

So far, there have been a lot of positive things happening around crypto and Bitcoin in different countries. That should be a driver for the price of Bitcoin and other cryptocurrencies in the market, but I don't see much of an effect from that for the market and Bitcoin. Plus it's like you said where nothing good is happening for crypto and Bitcoin right now, so the impetus for the price isn't very noticeable, except for the traders who fill the daily routine in the market.

there are no major events that lead to the positive, so that it can excite the market, but instead there is negative news that makes the market even more unenthusiastic. because the negative news is about the economic crisis that will probably occur in 2023, where the world body has warned about this to countries that will indeed be hit by the crisis.

maybe the big and good news that happened in some countries doesn't seem to make the situation any better, because this crisis clearly makes many countries have to tighten their spending in order to get past this problem.
hopefully with the help of the world bank will push many countries to get through the crisis and will spark a new passion of the crypto market.

Yes,everything is plain and we cant hear off anything like news or events or something correlate on fundamentals which could potentially affect the market in terms of interest which might drive on the hype in the market.
Get used to into something like this where market could potentially be that silent specially on consolidation or sideways movement where everything do really looks plain and simple.
Honestly, this is the best time on taking or making your position considering that every coins value or price is low which it would be an ideal entry point but since people
been still looking for possible lowest price then that would really be making out hindrance on possible decisions to be made.

[Vaskiy]

For now there is small disturbance in the market. Large scale holders will try to make some manipulation and book the profit. The market that is to be turning good, could soon drop down. This is how the predictions are coming. So, it is the time period where we need to be very cautious or should have the patience to hold. In the upcoming months FED could slower the interest rate even if inflation doesn't show signs of improvement. This could make some confusion in the market.

[CageMabok]

I think the best time to buy is now because the price is still cheap, if the market is bear, then we get a higher price, it's better to buy immediately so that we have a chance to profit, rest assured that a bull run will occur soon and the best chance to get a low price.

It seems you want to say that buying in bearish conditions is better because all cryptocurrency prices are at low levels. Yes, it's not wrong, but why are there still people who don't dare to buy when bears occur in the market and some even prefer to exchange their assets into stable cryptocurrencies rather than stick with existing coins.

This is a very strange thing in my opinion because if he had known there would be another bullrun at the end of this year, he should have stuck with the existing assets if he couldn't afford to buy more.

[ajiz138]

I think the best time to buy is now because the price is still cheap, if the market is bear, then we get a higher price, it's better to buy immediately so that we have a chance to profit, rest assured that a bull run will occur soon and the best chance to get a low price.

It seems you want to say that buying in bearish conditions is better because all cryptocurrency prices are at low levels. Yes, it's not wrong, but why are there still people who don't dare to buy when bears occur in the market and some even prefer to exchange their assets into stable cryptocurrencies rather than stick with existing coins.

This is a very strange thing in my opinion because if he had known there would be another bullrun at the end of this year, he should have stuck with the existing assets if he couldn't afford to buy more.

There are several factors why they don't buy when they are at low levels, because they are not mentally ready to lose, often panic when prices fall again, or they are quite difficult to understand market conditions so they prefer stable assets that tend to be safe for them when the market is crashing.
What they will feel later is only regret for not buying at a low time maybe now he still doesn't think how to take this opportunity but when the bullrun comes in the next few years while he still keeps stable assets I think he will regret the act of not buying bitcoin as future assets.

[SirLancelot]

For now there is small disturbance in the market. Large scale holders will try to make some manipulation and book the profit. The market that is to be turning good, could soon drop down. This is how the predictions are coming. So, it is the time period where we need to be very cautious or should have the patience to hold. In the upcoming months FED could slower the interest rate even if inflation doesn't show signs of improvement. This could make some confusion in the market.

To what coin you are talking about? I am sure this ain't bitcoin because its value was still stuck at $20k something but there must be a manipulation that happened last time with btc and it was when it rise up to 24k usd and then dump fast to under $20k. It is faking the people thinking the bull run is already there and there are careless people who got baited with it where they continuously buy more coins.

It's okay if we will sell some but we should do it quick when we feel the price is already rising but if we don't need an immediate cash then much better if we will just continue hodling to be able to gain more once the real bull run occurs.

[Dave1]

I think the best time to buy is now because the price is still cheap, if the market is bear, then we get a higher price, it's better to buy immediately so that we have a chance to profit, rest assured that a bull run will occur soon and the best chance to get a low price.

It seems you want to say that buying in bearish conditions is better because all cryptocurrency prices are at low levels. Yes, it's not wrong, but why are there still people who don't dare to buy when bears occur in the market and some even prefer to exchange their assets into stable cryptocurrencies rather than stick with existing coins.
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That's the psyche tough, it's human nature to be fearful when the market is in red or at least going down, from $69k to $20k, who wouldn't be afraid of that?

But that's what separate a smart investors from just average one. Smart investors knows when to buy, while those average one tend to buy when the price is going up and so how can then make money, huge money from the market? So just be wise and you will be good here in the long haul.

[Sebas.tian]

But now the price of Bitcoin is no longer silent the way I am seeing what is happening in the market so what are we say that causes the silent of Bitcoin is when there is a negative information concerning bitcoin that it is about to fall and it is about to increase so many people with the hold of their money for investment because they know that when it falls because of the information they are investment is gone or they will loss big for the investment that is why they allow it to fall before them by or they will allow it to increase before they will buy

Yes, the price of Bitcoin has increased to $21,000 that made many long term investors to believed that bullish market is about to appear for bearish market to give way till the price will increase higher to $100,000 before the market will be silent again. I don't think, the price of Bitcoin will still decrease more than $19,000 or $20,000 before it will increase higher for those that invested, when the price was $18,000 to start releasing their bitcoins to the market to make a good profits from the market. I believe, before the end of 2023 Bitcoin price will hit $100,000 because there are many signs in the market that showed that Bitcoin price will pump very well in the future.

[wmaurik]

there are no major events that lead to the positive, so that it can excite the market, but instead there is negative news that makes the market even more unenthusiastic. because the negative news is about the economic crisis that will probably occur in 2023, where the world body has warned about this to countries that will indeed be hit by the crisis.

What you're saying is a big problem that is clearly very likely to affect the market now and next year, because it's a very big problem and I personally also hope that this problem doesn't really happen despite warnings from the world body for some time. countries that will be hit by a crisis problem next year.

maybe the big and good news that happened in some countries doesn't seem to make the situation any better, because this crisis clearly makes many countries have to tighten their spending in order to get past this problem.
hopefully with the help of the world bank will push many countries to get through the crisis and will spark a new passion of the crypto market.

Assistance from the world bank will indeed be very much needed if problems like the crisis occur next year, but so far I have not seen any news about aid from the world bank. Because if the world bank doesn't want to help and interfere in this matter, I think there will be more countries dying with a crisis condition if it really happens.

[Manlikefrank1]

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

Cryptocurrency has been down falling and quite because cryptocurrencies is a decentralized systems operates on decentralized networks, meaning transactions occur directly between users without the need for intermediaries like banks, resulting in a quieter financial system.

Ways of Transactions are encrypted in code and conducted, giving us as users a degree of privacy and reducing the need for public announcements. Cryptocurrency allows for transactions to occur 24/7 across different time zones, with users conducting business at their convenience, often without generating noise or disruption in the crypto space without having much challenge.