Post
Topic
Board Speculation
Re: Why the bitcoin market has been dumping so much for months
by
Kelvinid
on 12/12/2021, 21:39:10 UTC
i don't think that we are heading towards "Stable Market" the volatility of cryptocurrency will remain forever same as the value of Bitcoin.

in this i believe that we are just going through some hesitation from Holders and some manipulation about the whales , and the most affected one are the Newbies and weaklings .
I'm afraid that if this continues then many new comer will be again become loser and may not trust the market again like those who become victims after the 2017 Bull market and when 2018 comes all of them are losers .
The reason why people assume that it is getting more stable these days is the fact that we are living in low volume and low liquidity part of the market right now. Doesn't mean that it will stay like this, there is a good chance it could drop with a single bang and we would be all shocked, or it could skyrocket to 70k+ prices as well.

However, the situation right now is the fact that we are living in a world of stabilized market not because people are getting close on sell and buy orders and everyone is keeping it around these prices, it is mainly because there are not that many buyers or sellers. The ones who own bitcoin are mainly holding it, and the ones who are not in are not getting in, and there are some smaller number of traders who buy and sell between each other making some smaller amount of changes but that is about it. This is why the market looks a bit more stable these days.
They prepare to hold than to sell as they know that Bitcoin will grow more. They tried to picture what happened in its early days, nobody thinks this will be multifold many times and that is what they think right now. I may agree with that thing but something we don't live like this forever, without selling/buying, we can never expect the market to grow as well. And this gives a way to think that the volatility of the market stays and it moves up and down depending on the market demand and supply. It can never be stabelize, ever.