What are your predictions for the Cryptocurrency market?

Comment below

 

between now and next year, most likely on average, the prices wont be the same as they are now

 

The market prices will move.

 

I predict the ETF Hype will backfire HARD after it get rejected and we go back to stone age and only when everybody finally realised cryptos are dead will it start to grow again

 

I think we will go up. I don't see it backfiring because we have been over this $6000 support for a while now and too much good news is coming out without much price action. Sure the last week has been great, but the market is so volatile the price of Bitcoin ( and with it alts ) are positioned to go up (my personal opinion .

There will only ever be 21 Million Bitcoin and that means there is not enough Bitcoin for every millionaire in the world to have 1 ( Keep in mind the world is becoming more rich thanks to the powers of capitalism, and more millionaire are being created everyday; Especially in Crypto ).

Government payment processes are becoming crypto friendly, which makes room for adoption.More interest in large industries using blockchain technology ( even if it is private blockchains ). However, that isn't to say I think the market will go up for everyone....


I have held the believe since I first got into cryptocurrencies that at the end of the day, there will only be 1-10 (10 being max) mainstream cryptocurrencies being used by the masses on the daily. I believe most ICO and altscoins will slowly die off, lose support, and there will only be a few remaining. Everything that isn't Bitcoin, Litecoin, and a few other coins to which I do not HODL will essentially become fun tokens ( Much like doge, although doge will always be the top of the food chain in terms of fun tokens, which says a whole lot about what I think most coins will become ).

The money from this eventually restructuring of the crypto market will flow into top tier payment, privacy, and mainstream digital currencies, whom alone will carry 90-95% of the total marketcap in the entire market. I could be completely wrong, but I personally don't see things ending for the ICO market specifically ( of which $20b has been raised in a short amount of time ). People will one day realize that the tokens of which they hold have the same value as pokerchips outside of the casino.

 

Was really hoping for a return to $3,000 or atleast $5,300 but since none of that happened. It will probably go towards $30,000 before going back down 90% like previous yrs.

 

A LOT of sideways movement.

 

after this terrible bear market I don't think another bull run will start anytime soon. maybe for BTC if the ETF is approved. But for alt coins I think they will be dormant for years until the development catches up with the price.