Somehow I got the feeling that the crypto market will soon rally towards higher values again. Of course no one can guarantee that but it´s possible to happen and my gut feeling just tells me the same.
Chinese New Year has passed, which is one reason for me to believe in a new uptrend emerging over the cause of the next weeks. Maybe we might even see new all time highs to establish within March or April already. We all know it´s possible within the cryptosphere.
That being said I have to mention that I rather believe in a strong Bitcoin rally, leaving alts behind at lower valuations again. The market dominance, which already rose from 33% to more than 42% is more than just a strong indicator for this outcome IMO.
What do you think?
A Crypto Startup Revolutionizing Steem! |
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It is intriguing. I thought the move upward would have started already but I was wrong.
I do agree Bitcoin has a run in it...STEEM needs to get some publicity so I think it will waffle until SMTs come out..at least in testnet form.
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Steem will probably go sideways for a bit longer until there are some great news to be shared on SMT´s or some other projects that might bring more focus on steem :)
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I just commented on your post mentioning something similar.
It looks like we are going to see the bear still awake throughout the month of March. Perhaps the bull emerges come April.
I didnt mention in the comment that I left that SMTs probably will not be an overnight success. The release will be evolutionary to start, with the testnet being the first step. Once released, the process to go ICO takes a little while.
Nevertheless, it is going to be a long term game changer.
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Most TAs from the past days seem to predict another hard crash for BTC short-term.
I wished, I could say, that I don't care what BTC is doing, but since we have this damn dependency on it, and there is no altcoin that is not dependent on BTC, I just can dream about better days.
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True, the market is still young and mostly depending on the price movements of the one and only, Bitcoin. Let´s hope we see a recovery soon ;)
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Thanks hopefully smooth post
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I am waiting ltc to hit all time high for me to pay bills with lot of discounts.
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After todays news of the big MtGox BTC sell off I´m not too sure anymore whether the market will actually recover the next weeks already.
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I think market will be good but not for all cryptos.
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Hi there! I will resteem your articles to my 7300+ followers.
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All of us definitely wish for that but any particular reason that you are optimistic about such a short time frame??
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Hehe, good question. Actually I´m more neutral again today after the MtGox BTC news.
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I thing market is very down in this time
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I agree, I think we will have slow growth over the next few months.
However I feel it's only when Bitcoin reaches a new all time high when the media will start reporting on it again and then we will have another massive alt coin market as everyone goes into a crypto frenzy.
Hopefully it comes sooner than summer though!
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I did expect that the big reds days were behind us but the market still seems to be bleeding.
The bear market was fed by a lot of FUD, but at the moment I don’t see any FUD or bad news which would cause this bleeding!
I dream that the bulls are waiting behind the fence to be freed and start an increadible run.
For the moment there not much to do besides strengthening some positions, hoping that it were the right decisions!
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The market will be conquered China in the next few years we also need to evaluate it.
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I am really hopeful that we will start to see higher highs soon :) For now Im going to stop checking though. I do have my eye on some Steem for good prices, I think ill buy a little today!
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I think we will go sideways until after G20 .At G20 I think there is a good chance we will have some news either positive or negative with regards to cypto adoption/regulation. Long term bullish of course.
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Why do you think it´ll be after G20? Any reasons for that?
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I have a feeling the central banks and fiance ministers will try to reach a consensus with regards to regulation during their meetings over the 3-4 day finance meetings.
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it is really amazing. up and down in crypto is the routine and i am sure good time will knock on our door soon :P. THANKS for sharing.
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Good post, Thank you for sharing this
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Its in Human nature to think favourably but i hope so to, been a cold winter!
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We are still in a crypto summer, winter would be ways worse than what we see right now.
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I'd like to see some of the shit coins that have been pumped to Oblivion drop a bit in the dominance race.
Vertcoin is a gem that has already been around 4 years with solod community, dev team, and 2 new vertcoin centric exchanges coming around the corner.. not to mention a whole year of great features either already live or in development.. it's as pure as a cryptocurrency gets.
There's been some heavy hands manipulating it down to less than half of it's ATH in December.. can't wait to see it back in the limelight soon enough
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