How it everyone feeling during this altcoin crash?

[JamesDaniel90]

Another Monday and another week closer to this bear market being over.

Big week coming up with clarity act decision tomorrow and next FED meeting Wednesday to see if rates are increased or not.

I am happy either way, not expecting clarity to be cleared but would be good if it is.

I havent bought any crypto for few weeks now but will do if we see a mini crash at some point this week.

Portfolio check : -46%.

[dwyane36]

Another Monday and another week closer to this bear market being over.

Big week coming up with clarity act decision tomorrow and next FED meeting Wednesday to see if rates are increased or not.

I am happy either way, not expecting clarity to be cleared but would be good if it is.

I havent bought any crypto for few weeks now but will do if we see a mini crash at some point this week.

Portfolio check : -46%.

Well, the Clarity Act is a bust, and it's unlikely it'll even be passed this year. Against this backdrop, BTC and altcoins have lost some steam, but let's hope the Fed chair will give the market some encouragement.
Overall, as far as the end of the bear market is concerned, it's clear that it will happen soon. It's also worth noting that, for at least the past month, some altcoins have been behaving as if alt season has already begun, but that's not the case yet.

[JamesDaniel90]

Another Monday and another week closer to this bear market being over.

Big week coming up with clarity act decision tomorrow and next FED meeting Wednesday to see if rates are increased or not.

I am happy either way, not expecting clarity to be cleared but would be good if it is.

I havent bought any crypto for few weeks now but will do if we see a mini crash at some point this week.

Portfolio check : -46%.

Well, the Clarity Act is a bust, and it's unlikely it'll even be passed this year. Against this backdrop, BTC and altcoins have lost some steam, but let's hope the Fed chair will give the market some encouragement.
Overall, as far as the end of the bear market is concerned, it's clear that it will happen soon. It's also worth noting that, for at least the past month, some altcoins have been behaving as if alt season has already begun, but that's not the case yet.

Apparently we are likely to have more bad news with a high chance of a rate hike coming later today.

I am happy with this though as happy to have another month or so of low prices to buy cheap before the bull run starts in a few months.

There are a few altcoins i have my eye on that I'm hoping fall at least another 10% this week to buy cheap.

[dwyane36]

Apparently we are likely to have more bad news with a high chance of a rate hike coming later today.

I am happy with this though as happy to have another month or so of low prices to buy cheap before the bull run starts in a few months.

There are a few altcoins i have my eye on that I'm hoping fall at least another 10% this week to buy cheap.

Well, the FED raised rates, but that decision was entirely expected. As a result, volatility was minimal at that moment, both on the BTC chart and for many altcoins. The question is what will happen next, since there doesn’t seem to be any good or bad news on the horizon that could trigger a market move in one direction or another.

[DanWalker]

Apparently we are likely to have more bad news with a high chance of a rate hike coming later today.

I am happy with this though as happy to have another month or so of low prices to buy cheap before the bull run starts in a few months.

There are a few altcoins i have my eye on that I'm hoping fall at least another 10% this week to buy cheap.

Well, the FED raised rates, but that decision was entirely expected. As a result, volatility was minimal at that moment, both on the BTC chart and for many altcoins. The question is what will happen next, since there doesn’t seem to be any good or bad news on the horizon that could trigger a market move in one direction or another.

The Fed rate hike was already expected and pretty much priced in, so its no surprise the market didn't react much to the official news.

What's more concerning is that the Fed was pretty hawkish in the statements that followed. They hinted that another rate hike could still happen this year. That's the part I don't really like.

So Im not really bullish on how the market is gonna move in the last quarter of the year.

[JamesDaniel90]

So we get no clarity act decision and the first rate hike in over 3 years and many were saying Bitcoin would then go down below $70k yet it’s done the opposite and gone above $80k again.

Surely the bottom is in now at $58.5k we saw back in July, I can’t see anything else now that will crash the market below that again.

Bear market is nearly over if it isn’t already.

[JamesDaniel90]

Better week for crypto despite the bad news with no clarity act and rates hiked for first time in years.

Feels like the July low of $58.5k will be the bottom for this bear market.

Portfolio check : -40%

[doughman60]

Macro headlines can explain the chop, but the altcoin sleeve still needs its own risk rules. Most of my stack stays in BTC, ETH and liquid large caps; the early/presale bucket is where people get hurt when they ignore unlock calendars. When I map public sales I sometimes start from TokenKickstarter, then verify contracts and vesting myself. Risk only what you would delete, NFA.

[dwyane36]

Better week for crypto despite the bad news with no clarity act and rates hiked for first time in years.

Feels like the July low of $58.5k will be the bottom for this bear market.

Yes, the market is looking very promising right now. That sharp rise in BTC from its low not only boosted traders' and investors' spirits but also clearly signaled the end of the bearish trend. So, yes, we likely won't see another bottom for BTC anytime soon, and the $80-82k level is now a strong support level below which BTC is unlikely to fall.

[Nanga Parbat]

Well, the FED raised rates, but that decision was entirely expected. As a result, volatility was minimal at that moment, both on the BTC chart and for many altcoins. The question is what will happen next, since there doesn’t seem to be any good or bad news on the horizon that could trigger a market move in one direction or another.

Last few days bring good lifeline in market not only Bitcoin many other coins are also doing good with having mostly greens event things are still not easily predictable but its giving good boost to peoples those were looking for long time to have positive change.
Ethereum, Solana are also having good increase while few more coins are giving good encouragement sentiments are good in market if there is nothing bad happen market will be keep this bullish trend for long time and if Bitcoin is having $90K then surely this will give good boost to all big cryptocurrencies for having good increase those are well aware about market nature they are taking their positions and also investing into their favorite coins.

[JamesDaniel90]

Good to see some altcoins starting to wake up now with Quant my number 1 now having pumped 60% this last week due to the news it will be used with biggest banks in US & UK.

Hard to predict which way Bitcoin and the overall crypto market will be heading next few weeks but it’s just nice to have a good feel around it again finally after almost 12 months of it going down and sideways.

Portfolio check : -34%