Hello Hive!
I'm kind of hoping it won't be as long, many expected the previous one to last longer with the pandemic, etc, but as always things are different now with the war, the economies of the world and nuclear tensions rising so it's kind of hard to predict.
I'm hoping we'll get out of it by 2023 and that people would finally realize why scarce mathematically secure blockchain money is worth it more than fiat but wouldn't be surprised if it took until 2024 to see a general uptrend aside from a few outliers, hopefully Hive being one of them.
Forfeiting post rewards to some projects/people I think deserve some more rewards.
I think that the markets will pick up again briefly around the festive season but then in January will probably drop down to similar levels as they are now. I've been wrong so many times before though, that it'll be interesting to see how it plays out with all the various issues we are facing globally. I think that the economic climate is going to be hit hard in the European regions where they are having exorbitant hikes in fuel and heating costs. Some days I wonder if the best is behind us but that's just me being really pessimistic.
My guess is that we will see another Bull run around end of 2023 and start of 2024, btc halving will give some momentum for the price as well
i sorta agree but like even eth merge didnt do crap so i wouldnt count on it but next btc halving would be my guess too
Greetings
There were many rumors that a rise in all currencies was coming this month. It seems that this prediction will not come true.
One thing that may influence the price of cryptos (not the market in general) is the upcoming world cup, because in Qatar they are encouraging the use of cryptos with one of their sponsors Crypto.com. In the last world cup there was not much variation in the price (from 14-06 to 15-07) it was between 5800 and 6700 but i think this is because there was no advertising present in Russia. Although after the World Cup it had its best push for a while, reaching 8400. Let's see how things play out in the World Cup.
From what has been seen the last few years in the Christmas holidays there has always been a fairly significant rise i guess this because we are all very happy and want to be happier for the coming year by making good investments. This one, i think it's going to happen.
But, it seems to me that the BearMarket will be with us for a while longer, at least until the first quarter of 2023, because i see that along with the markets, there are many other factors, wars, the laws of the countries, hacked, broken or stealing exchanges, new technologies, fuels...
I think that the BearMarket is another test that crypto technology must overcome and along with this the purification of what is not useful within it.
I’ll be sincere. I think we see a financial recession in a year’s time. So, I don’t think a bull market will happen in crypto simultaneously. Some big framework is due in force by 2024. I think in response to some legislation, crypto might stage a run back. Some information I got suggests we might’ve just hit the bottom.
I feel like 2023 is really going to be brutal. For now people are going to go after the US Dollar for relative "safety" it seems and personally I think we are going to have a huge miner capitulation because the Bitcoin mining difficulty keeps rising probably because their equipment they bought was probably on back order. Now it is plugged in and running which will squeeze profits heavily. Also a lot of those mining outfits might have had part of their operation as GPU mining Ethereum but now they have had to turn those machines onto different chains. Profits are going to be thin and when the price breaks down they will be forced out of business or will have to shut off their rigs. We will then see the difficulty drop for several months and things will get even more dead. With everything happening in the world it will be brutal. Bored Ape NFTs will be going for $0.27 floor price.
Maybe by the end of 2023 we will get some action coming back to the space. Hopefully the areas I put my attention will survive the bear market.
I think the first step towards better times happens when US stops raising interest rates. Like it or not but currently crypto market is still too tied to US stockmarket.
My guess is that they might start pulling back on tightening sometime in the mid 2023 but remains to be seen.
Hello acydio
It may last till election in America.Cause at the time of election value of dollars goes down every year. As the value of crypto and dollar are generally inversely related, chances are good to have a bull by that time. Outside crypto it's a truth for trade in currencies but I am not sure if it is also truth fro crypto.I'll have a proper idea this year. Let's see what happen.And before election it may happen also if big investors invest at bear market as it is a general tendency of market or investors.😃😃
Haha I think this is the first time I'm reading a short post from you... They are always long and full of new knowledge to take home.
Well, we don't know how long the bear market will last but like you, I also hope we see light by next year.
In any case, I'm here come rain come sunshine 😁 Hive will always find it's way up.
I'm thinking that Halloween will be the turnaround day for at least Hive, and maybe the markets in general.
I'm going to risk and say Christmas 2022!
Would be a nice present from Santa!
Anytime in 2023. This year is done, no bull. with enough luck we will finally get our relief rally
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It might have actually ended in June as far the lowest low is concerned
2024 .... maaaaybeee we can lift of the bottm in 2023, far from ath
I think at least till Dec 2023, we are gonna have to have an affair with Bear before the next bull cycle kicks off. It's equally an opportunity.
Hopefully in the near future the crypto market will jump high, everyone hopes so
To be honest, I'm just sitting down and watching. Pretty hard to predict stuff.
I have my bets on 2024. Judging with my "newbish" experience in this realm and all that I see around me currently, 2024 seems like a fair option for the bull. Maybe a year more if things get much worse, it's all too uncertain at this point.
I wish I knew more about the market than I did. It's not just a wish though; I'm working on it but it's taking time.
Yes, sympathise with me, tell me I'll get there, tell me I will I no time. 😁🙃
I hope for some positivity in 2023.
I feel the market won't just recover anytime soon, but for the main time all we can do is stay optimistic.
Basically it will last until bitcoin crash at 4k or something like it, and then will rebound and heal over time.
I understand the economic issues all over to world but I am still hopeful. Last year during the festive season , the market picked up who knows it might pick up again this time 👌
Same here, I hope it won't be long... But for now, small fishes like me have the opportunity to build our stake while it is very easy to.
My knowledge is very limited and I usually make instinctive predictions. My predictions say that Hive is now at the bottom and a new rise is coming. But it is not an investment advice 😂😂.
Halving period is like 50% Done already so I Guess there's another 10 More months to see a Bull run.
With the end of this year, I think 2023 will be a good year for crypto with new hopes. A little more patience and happiness will come!
If BTC makes a small rally by the end of the year, altcoins will partially recover and we will close 2022 with little loss.
Market will start being bullish by 2023. It won't just start overnight. It will definitely take time
January 2024
Twelve.
Are you sure it won't be tree fiddy?
The uncertainty in the market is quite unusual as compared to the previous market
It will soon take shape
soon ends