Topic: Bitcoin's 100k bubble may not burst ??? - page 3. (Read 407 times)
I don't know if you are looking $100,000 by this December . I think I'm not despite institutional investors rushing in and hodling. The small hodlers won't allow that because of anxiety to cash out and this is a reason. Bitcoin at the moment has been finding it difficult to over come the $60,000 stage and that for me could be a sigh of a major retracement that we can't predict how it will go but definitely not as going down much because more investors are waiting to get in.
I’ve playing with some historical data, and people compare current bubble with that in 2013 and 2017, where the price increase continued for more than 6 months, and by the end of the year we witnessed correction processes of more than 70%.
We have strong numbers this year with the support of investment funds. current bubble may be different and correction may be longer and not only by next December.
I want some analysis of what will happen if we break the $ 100,000, or at least will we see a correction of 70% within 12 months?
We can always look in t he past and could really make out some comparison and even some people who are really fan of connecting the dots when they do make out some future predictions.We have strong numbers this year with the support of investment funds. current bubble may be different and correction may be longer and not only by next December.
I want some analysis of what will happen if we break the $ 100,000, or at least will we see a correction of 70% within 12 months?
There's always a presumption when it comes to that.For example on the month of March on where most likely Bitcoin is really on bearish status but what happened?It does on the opposite situation.
If we do reach up $100k then i dont really much to believe that bubble will burst but somehow i do believe on some serious correction specially to those who had bought on 40-60k price point.
Lets not really remove the possibilities of things because we have seen the scenarios that could really happen.
I've heard some speculation says that the bull run may stop after getting to the peak, $100k is one of it but that could also be surpassed by another ATH which is likely to be said up to $300k.
Now the cryptocurrency market has become more mature and therefore differs from what it was in 2017-2018. Large business structures have entered the market, and even some government agencies are showing interest in bitcoin. They invest in cryptocurrency more deliberately and will be subject to less panic, so there should not be such a sharp and deep fall in cryptocurrency, as it was in mid-2018. It is likely that now we can expect a further rise in prices in the cryptocurrency market, and this growth may still continue for a long time.
Less panic and more trust from the people and this is what makes it more stable this time. Unlike the past bull runs that's made by FOMO and then was followed by a sudden panic that made it put into the bear market. 
Now the cryptocurrency market has become more mature and therefore differs from what it was in 2017-2018. Large business structures have entered the market, and even some government agencies are showing interest in bitcoin. They invest in cryptocurrency more deliberately and will be subject to less panic, so there should not be such a sharp and deep fall in cryptocurrency, as it was in mid-2018. It is likely that now we can expect a further rise in prices in the cryptocurrency market, and this growth may still continue for a long time.
Interesting comparison. But most likely a little incorrect.
1. At the moment, as in those days, the crypto market was, and still remains, speculative.
2. In 2012, cryptocurrency really was nothing more than a technological experiment. Its price was formed mostly by fantasies, and primary speculators
3. In 2017, although the market was speculative, it was already formed, managed and understandable. This was the next stage in the development of the crypto market
4. Now is the time when cryptocurrencies are a reality with which we have to agree, technology begins to penetrate into real life, technology is talked about at the state level on a global scale. 100k per bitcoin is only ~ 2x from today, and 1.5x to the capitalization of the entire crypto market. Corporations and large investors began to invest in bitcoin and other cryptocurrencies. Perhaps these factors will not allow a big dump to occur, it is possible that this cost (+ / -) will be fixed, and will become some foundation for further global growth of the crypto market
1. At the moment, as in those days, the crypto market was, and still remains, speculative.
2. In 2012, cryptocurrency really was nothing more than a technological experiment. Its price was formed mostly by fantasies, and primary speculators
3. In 2017, although the market was speculative, it was already formed, managed and understandable. This was the next stage in the development of the crypto market
4. Now is the time when cryptocurrencies are a reality with which we have to agree, technology begins to penetrate into real life, technology is talked about at the state level on a global scale. 100k per bitcoin is only ~ 2x from today, and 1.5x to the capitalization of the entire crypto market. Corporations and large investors began to invest in bitcoin and other cryptocurrencies. Perhaps these factors will not allow a big dump to occur, it is possible that this cost (+ / -) will be fixed, and will become some foundation for further global growth of the crypto market
current bubble may be different and correction may be longer and not only by next December.
If this sudden price rise is due to all of the big, institutional buyers we've been hearing about, bitcoin might not actually be in a bubble. This might actually be sustainable, but I think it depends on the activity of the short-term traders and/or those who decide to cash out and take their profits.Bitcoin's at $46.7k as I write this, and it's mind-blowing in the extreme. It isn't as though it's hit $50k yet, but I didn't think btc would get anywhere near that level this year. I'm proven wrong once again.
I cant blame out people on not to think that this is a bubble but if we do back up with those significant adoption events then we can tell that there is really
something behind on these pumps compared into those previous years where price increase do came from nowhere, without news or fundamentals
that would really support its price or value but now we are really looking on different scenario.
current bubble may be different and correction may be longer and not only by next December.
If this sudden price rise is due to all of the big, institutional buyers we've been hearing about, bitcoin might not actually be in a bubble. This might actually be sustainable, but I think it depends on the activity of the short-term traders and/or those who decide to cash out and take their profits.Bitcoin's at $46.7k as I write this, and it's mind-blowing in the extreme. It isn't as though it's hit $50k yet, but I didn't think btc would get anywhere near that level this year. I'm proven wrong once again.
I’ve playing with some historical data, and people compare current bubble with that in 2013 and 2017, where the price increase continued for more than 6 months, and by the end of the year we witnessed correction processes of more than 70%.
We have strong numbers this year with the support of investment funds. current bubble may be different and correction may be longer and not only by next December.
I want some analysis of what will happen if we break the $ 100,000, or at least will we see a correction of 70% within 12 months?
We have strong numbers this year with the support of investment funds. current bubble may be different and correction may be longer and not only by next December.
I want some analysis of what will happen if we break the $ 100,000, or at least will we see a correction of 70% within 12 months?
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