Topic: Are we repeating the 2014 BTC crash??? - page 4. (Read 14571 times)
2014 Btc crash is different from present day downfall now the market is consolidating but 2014 there is no support and trust in the market so it took more than 2 years to bounce back now we can governments supporting Bitcoin so we will bounce back for sure in large way
I do not think so even if it's like the situation in 2014 it does not mean it will be repeated all the time
Today we are again seeing a very sharp drop of bitcoin with just one candle in 5 minutes by 4%. He just did not give up! Now the market is dominated by panic and taxing bears and I think we all still go to the area of $ 4000 on BTC and only from there we will begin a smooth growth
History repeats itself on most of the things but for Bitcoin it won't in terms of crash I believe. In 2014 the familiarity and the demand is far behind and the crash may happened due to some reasons but not Bitcoins familiarity and demand is very high, crash kind of thing won't happen now. The current price fluctuation is just a part of volatile crypto market I guess.
Really? Where have you been hiding since Christmas???
In case you missed it...BTC value (and the WHOLE MARKET in general--yes that include all the new alt coins) lost 70% since Dec 17,2017 on Feb 6. If that is not a CRASH, I don't know what is.
History repeats itself on most of the things but for Bitcoin it won't in terms of crash I believe. In 2014 the familiarity and the demand is far behind and the crash may happened due to some reasons but not Bitcoins familiarity and demand is very high, crash kind of thing won't happen now. The current price fluctuation is just a part of volatile crypto market I guess.
Watch and see how BTC is currently following the exact same trend (behavior) of the 2014 BTC crash. The chart similarity is eerie. 
https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4
I hope and pray we break away from it though.
https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4
I hope and pray we break away from it though.
Now we are nearly in mid-April and I'm starting to think the same thing... although the situation is now very different from 2014, because the market cap was very small at that time and the mass adoption of cryptocurrencies wasn't even started in 2014 (just think about ICOs and all the companies who have financed themselves through it)...
hm, hard to predict, but if you look at the Daily BTC chart, another BIG downmove could happen...
if this happens, i think we will see BTC under 3000$ ... i dont hope so, because that would be the end of many alts
if this happens, i think we will see BTC under 3000$ ... i dont hope so, because that would be the end of many alts
Before, I found that it was useless to play the piano, and it was easy to get black, so I didn't hate it. And everyone can't be absolutely good or right, so they don't go to the pot again.
There is a lot of reason to say that people who don't understand are meaningless. Even a lot of people say such silly words: understand, but still live a bad life. It's self-deprecating, but it's also in a way that you don't understand.
As market analysis, clearly know most people and most analysis are bullshit, but it happened that a lot of people to follow, some of them are really stupid, some is he who knows nothing but pretends to know, and some is god knows why. 
There is a lot of reason to say that people who don't understand are meaningless. Even a lot of people say such silly words: understand, but still live a bad life. It's self-deprecating, but it's also in a way that you don't understand.
The rain falls during the qingming festival, and the passers-by are dying. Use this poem to match the recent bit of the market, no matter the time or the poem expression, really is in the right place! It seems that bit's banker is quite knowledgeable.
We can see similarities but there are also differences, like user number, volume amount, exchange number etc.
We are still in bear market and we need more time to get rid of this depressing market.
We are still in bear market and we need more time to get rid of this depressing market.
I think yes, there is a high probability that it is repeating the crash. A lot of people don't want to believe in this, but it is always like that.
People only want to save their profits. There is certainly more losers than winners now.
Last year, everyone thought that they can all win in the game. But it is not true.
People only want to save their profits. There is certainly more losers than winners now.
Last year, everyone thought that they can all win in the game. But it is not true.
I don't think so... Actually it has no similarity
Right now, we do not have clear bearish or bullish sign but it seems possible to see BTC at 7.5-8.5k but it doesn't mean that downtrend is completely over.
Death cross happened and it is a very bearish signal so my opinion that we can see BTC at 5k in April.
Here is why?
Cartels, whales and big players became aware of how important BTC. BTC amount is limited to 21M.
Little fishes like us have some BTC. They want all the BTC we have. They are waiting all the weak hands to sell their BTC and gather all... So right now they are creating a huge FUD.
Right now the BTC correction level is 70%, people are talking about 95% correction. I don't want to be the pessimistic however to shake the last week hands they can try 80-85% level.
We have to hold on tight to our BTCs. Don't sell them if that money is needed urgent for you guys! BTC won't crash and it is going to bounce so hard, non of us will believe what has happened. Just a little more patience. Everything is going to be alright.
Right now, we do not have clear bearish or bullish sign but it seems possible to see BTC at 7.5-8.5k but it doesn't mean that downtrend is completely over.
Death cross happened and it is a very bearish signal so my opinion that we can see BTC at 5k in April.
Here is why?
Cartels, whales and big players became aware of how important BTC. BTC amount is limited to 21M.
Little fishes like us have some BTC. They want all the BTC we have. They are waiting all the weak hands to sell their BTC and gather all... So right now they are creating a huge FUD.
Right now the BTC correction level is 70%, people are talking about 95% correction. I don't want to be the pessimistic however to shake the last week hands they can try 80-85% level.
We have to hold on tight to our BTCs. Don't sell them if that money is needed urgent for you guys! BTC won't crash and it is going to bounce so hard, non of us will believe what has happened. Just a little more patience. Everything is going to be alright.
If it may have been slightly the same as of 2014, I don’t think it will have the same effect or crash like that of 2014 but if ever it will have the same effect then why would you worry? In 4 years Bitcoin will most probably reach the same price last year then of around $20k. That too would be possible if you base it on the same charts as of that in the past few years ago.
Dont really see us going down back to 2014 price levels but yeah we will keep going down,imagine the fud and panic when countries actualy agree on how to regulate crypto.Even though this is a bad thing but it will lead to masive sell out and i will be waiting for it 
Bitcoin crash is only a part of getting more profit, so theres no need to worrt about.
If bitcoin repeat its big crash then i know it will also repeat its big rise or big increase in price
Just wait and see.
If bitcoin repeat its big crash then i know it will also repeat its big rise or big increase in price
Just wait and see.
I do not think that 2014 is repeated. It has stabilized and will not go under 6k. Now we can only grow
There are many technical analysts who read the charts. I see that most of the technical analysis in the crypto money market does not hold unfortunately. One of the most basic reasons for this is to try to apply the rules in the normal economy here. Interpretations made with normal economic data may not be valid here. Because what influences this market are the speculators and whales.
In crypto market everything effects everything. Completely normal and excpected to see dips like this every year. Good profits will be made.
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