Post
Topic
Board Trading Discussion
Re: What happened to Crypto Volatility..???
by
taufik123
on 05/09/2023, 16:31:51 UTC
everyone agrees on the fact that this is consolidation period going on. which is very normal in bear market but all this discussion is about how slow the market has become in these days. we have seen consolidation in 2015 and 2019 too but things were not this slow back then. one of the trader said it was even worse in 2015 which i can agree on because i was not looking at the market back then. the trends for bitcoin price is not the concern here, only the daily movement or weekly movement is too slow.
Talking about the current slowdown of the crypto market is certainly due to many factors, such as the interest of investors to enter and some manipulations done by whales.

Saying it's worse than the previous year, it's just a matter of time. Seeing that the bitcoin trend is still sideways and continues to consolidate, the big bullrun will arrive when the Halving occurs.

That's what everyone is looking forward to the most, now it's just necessary to buy and hold and enjoy the benefits later.
I don't look at daily or weekly movements, I focus more on the long-term.