Topic: Are spectacular returns over for bitcoin? - page 2. (Read 594 times)

Pandemic have played a big role in the progress of bitcoin and the cryptocurrency market. During the pandemic market became more visible to the common people. Slowly people got much aware about it and started investing. This is where the change happened, if not we would've experienced a slower growth by now. There is more chance for a bear market until the halving, and this doesn't move deep down. The market will fluctuate and move within limits than reaching big.

"When will it happen " is a very good question and if anyone can answer that then traders will not have issues than to be making cool money from trading. Since we don't know or we are not optimistic about the direction of the market then it becomes a game of chance.

Spectacular returns are not over for bitcoin. I think the pandemic potentially made this bull run lighter than it otherwise would have been/ it’s fine, we will see over 150k in 2025 the next bull run after 2024 halving. Maybe it’s bearish years now but 2025 rise a lot.

I often hear discussions that the market is getting saturated and whales will not return to cryptocurrencies, maybe this is a negative issue that we usually hear but at least we will see again in 6 months, if bitcoin can't make new ATH again, of course we have to be vigilant.

Let's randomly pick some periods, right?
If you pick March 2020- April 2021 then you also have to look at the previous 13 months, so February 2019 and you will get a 1.2x, not even close to the 3x let's not even count 10x return. And in the other direction From April 2021 to May 2022 what we would need what for 10x, just $640k per coin, pretty achievable, right?

You put either a YOY or start of the year period and go from that trying to maximize the gains picking date will make other periods look far worse, at least use a monthly average scale.  Either way, the times of 3x and 10x a year are coming to an end, you simply can't have these anymore, not unless the $ turn to toilet paper, just imagine what two periods of 10x in 12 months would mean, a market cap of 68 trillion, where is that money going to come from?


If big whales would be buying the dip the price would have already skyrocketed past 40k, but since we haven't managed to bounce back over 40k it means one thing only, the number of coins so-called whales are buying is lower than the amount poeple are selling.  I doubt there are whales buying in that much, other than some isolated cases I think almost everyone that has plans on holding and is not interested in trading the swings is waiting on the side, probably they think that missing an opportunity is better than catching a knife, although I don't see why it should get way lower than this in the current situation.

Below 20K? It will need a major FUD for that to happened since the only for the price to go that low is when institutional investors already sell all there holdings. There is no way that retail investors will dump hard the price in the face the institutional investors. Below 20K price is a good price to enter but the main question is when will it happened.

$20,000 is not shit. That is even a much better price than years ago. That's still a good price for Bitcoin, even better to those who grumbled months ago that they missed the train. If they are really serious to get into Bitcoin, $20,000 is a perfect opportunity. That's going to be a blessing to them.

Big whales are buying the dip. But I hope that big whales are not the only ones who are buying the dip now. If that's the case, that's definitely a way for Bitcoin to change hands from small retail owners to rich institutions.

Bitcoin market value increase can never be like before again particularly when its value was $1 and it increase to its current market price and whoever is expecting that same exponential growth to happen from now on in my opinion is waisting his or her time. Remember that not many were able to hold from when its value was $1 till now, so people should not bother much of how much they might have made.

Personally I see this with good eyes, obviously those that want to become rich in a week are going to complain, but a bitcoin that is more mature will help everyone as people will be more willing to use it as a currency once its value does not move as much as it did in the past, this will also attract the investors that are not looking to multiply their money many times over in a bull cycle but instead are looking for something like 10% per year on average, or some other realistic amount of profits like that, which in turn will strengthen the market over the long term.

Just 3x increase? I mean we moved from under 4k during march 2020 to 64k during april 2021, how is that just x3? You may calculate from the previous top to latest top, in that case it is 3x, but that would mean previous ones were not 10x neither, they were smaller. I would guess that right now we are getting higher and higher, the market cap is growing and getting closer to global gold cap as well, imagine how big of a number we are talking about.

If you are considering something like this as normal then you will expect it to keep going 10x higher, but x10 from ATH would mean that we would be either bigger or at least somewhere near gold marketcap. That would be awesome but also a bit unrealistic for the time being.

So far, long-term bitcoin investments have provided spectacular returns for most of its investors. We never really know if bitcoin can hit $100 in the next 1-4 years but if we go back in history how bitcoin proved ATH $69K is achievable then I believe ATH $100K can happen in the future.

It's just a matter of time in my opinion. Bitcoin will be more useful in the future as a means of payment in various countries. Adoption is expected to continue to increase, but we should not be overly optimistic about anything that is not yet guaranteed.

The expectations of 20k dollars are hard for now. The market again get to the pump, so you need to wait for the further rise. Now the price is trying to back to 38k$.Holding is necessary one in the cryoto. The pump market and dump market should be used to get good profit. Profit was a main target for the trading.Pump is the main target for the margin traders. They will sell with the less profit many times a day.

The cycle that occurs in the bitcoin market is indeed changing every year, but compared to 2018 the current decline is actually very bad, even the bitcoin price is getting depressed by the negative sentiment that continues to attack now, it looks like bitcoin is currently experiencing a slight increase in the market, do you think bitcoin has returned to a bullish path or is it just a trap before reaching a deeper price correction?

I don't expect the $20K in this month or in few just waiting for the lowest low if we entered into bearish cycle. I saw that price again moved to mid $37K now so yes this is a small recovery from $33K region but can we consider this as recovery or just a dead cat bounce?

a correction is always part of the bitcoin cycle wherein after making all time high always expect as well that there will be a massive correction ahead before it continually making another progress.. "buy low and sell high".. That's what it is so don't be surprised after this current situation bitcoin will skyrocketed again. Infact last year bitcoin really achieved 2 consecutive all time high right? So obviously it getting stronger and for sure there will be more surprises within this year despite of some negative news and etc.

We might hit $38k at any moment right now, so $20k might not happen in this month.
And on the contrary, if we hit $40k then obviously we are moving further away from the lowest low of $20k as someone has predicted.

So just hold on, we are seeing a good recovery this week and if this is sustainable at $40k, I would say that the bulls are definitely back in the market and will probably push the price higher again. I'm not saying that we will go to a new all time high again because that will be too much as it will really look artificial, but at least we are in the road to recovery again.

This would be a helpful tool for dealing with it because there have been a lot of questions about it. Some people's mentality may never change, but we are passing a different phase. Can you anticipate what will happen next? We are now mature, the market is much more mature than before. Hopefully we won't touch that shit ever again.

Now that big whales are buying the dip, let's see if Bitcoin market can come back stronger as we hope it will.

Exactly, PlanB really put a lot of hype on bitcoin to go to $100k, last year, just saying.

And look at what happened right now, instead, the price goes on a nosedive. So for sure many are disappointed, but hopefully they can get back when the price sinks below $30k and then dream of that 6 digits again on the next bitcoin bullish cycle. So I believed that there is still good returns for bitcoin, but it might take years to make a huge returns.

The price right now is $37,000. That's too high for people to start thinking Bitcoin is going to zero. I don't think this is the same old dip in the past. When the price fell down from $20,000 to $3,000 in the past, people could think that was the end of Bitcoin, but when the price fell down from $69,000 to $37,000, I don't think it will have the same effect to them.

Do you have a certain timeframe within which the price of Bitcoin will finally hit $20,000?

Wait for it, I bet the price drop will happen because I have been in the situations when the price falls people whistles that this is the end of Bitcoin so it is going to zero means every investors sell immediately and atleast recover something but the same set of people whistles its going to 100K or million when its in bearish so I understand how people react do I am just going to be on their opposite which is the rich people's mindset. Yes, I understand the risk but I calculate the risk factors and go with my appetite only that is why I diversified my portfolio into gold and real estate as well which allows me to go hard st cryptocurrency investment.