Although that it is still a possibility, I honestly think that the correction might not get worse because of the institutions who buy Bitcoin. Unlike in 2017, the Bitcoin bull run was a “hype” one where ICOs are the reason behind it and institutions aren’t convinced that time plus some regulatory concerns as well that drive the cryptocurrency down to the wire.
I don't know if you followed the Bitcoin prices well in 2017, but it was the other way round. The Bitcoin bull run led to the altcoin and ICO hype. When Bitcoin made headlines as it rallied past $10,000 towards $20,000. Very many "investors" and newbies were very desperate to get rich quickly, so they gambled with ICOs and altcoins with hope that they would perform like Bitcoin. So it's actually the amazing rise in Bitcoin price that led to the ICO hype. 
Topic: Price of BTC might go down - page 3. (Read 600 times)
One of the top analyst who predicted BTC might go to 40k now says 50% of collapse is possible in near days...
You should have written that he is a famous and widely known expert who is almost always wrong. For those wondering who it is, his name is Tom Lee, and he has long since lost his reputation as someone who can be called a top analyst (if he had one at all).
To figure out what kind of expert it is, all you have to do is search the internet (or visit the link I posted) - and here’s one of his greatest wisdom
Fundstrat’s Tom Lee Suspects Ban Of Bitcoin By the US Government After E-Cigarettes Suspension
Let the "top" analysts say whatever the like: nobody knows where we are going here! It is the first time in history that an asset like bitcoin sits at the old financial world table. Do not get fooled by these clickbait articles! 
You are very right that this time is different. We are over bought on all the trading indicators but still there is no sign of reversal. It better not to short any time soon else you can get rekt.
It say "might", so still 50/50 if my opinion.
True, heck any opinion out there is always 50/50 imo, and actually it's not a matter of it going up or down that should be noted but rather by how much it goes up or down that should be discussed instead. After all, people could still profit off of a bear season depending on how they move accordingly. And in that note, it's natural imo that the price would actually go down since it would actually be odd if it didn't. The market would never accept only positive growth phase after all, and only a balance of profit and loss of value is the norm. 
Anyone believing most of these experts atimes might only end up regretting, i believe it is rather wise to have a good reason to invest and hold a coin than listening to experts opinions before taking a decision. Bitcoin growth surpassed every sort of expectations, predictions, etc set for it, since many sold thinking it will crash at one price or the other, it rather keeps going and ever since many people won't fail to use every opportunity they have to say things that will make some people to sell so they can buy cheap again. In my own opinion, as it stands no one knows the price it will pump to and on the other hand, it is already known that price correction will happen one day, and as usual no one knows when or what price it will dump to.
Let the "top" analysts say whatever the like: nobody knows where we are going here! It is the first time in history that an asset like bitcoin sits at the old financial world table. Do not get fooled by these clickbait articles!
I don't think it's a matter of if but a matter of when. It happened before when the price hit $20K, so it's highly likely that it will happen again. But I don't think it will drop back to 50% of its value. The return is high even from a -15% swing, so there will be volume to make up sale and closing until the current ATH is reached again. I wouldn't say a nosedive is unlikely but at least the chance that it won't happen is higher.
Although that it is still a possibility, I honestly think that the correction might not get worse because of the institutions who buy Bitcoin. Unlike in 2017, the Bitcoin bull run was a “hype” one where ICOs are the reason behind it and institutions aren’t convinced that time plus some regulatory concerns as well that drive the cryptocurrency down to the wire.
There might be a slight correction perhaps, only for us to see Bitcoin making another big bull run again. I can see that within January 2020, it’ll even touch $50,000. Just saying.
There might be a slight correction perhaps, only for us to see Bitcoin making another big bull run again. I can see that within January 2020, it’ll even touch $50,000. Just saying.
One of the top analyst who predicted BTC might go to 40k now says 50% of collapse is possible in near days, before few months he stated BTC price might rally at least 300%, on the other side JP Morgan says there are possibilities for 100k till the end of the year So what's next for BTC?
Many people are desperately waiting to buy BTC in cheap price especially big whales because they are the one of want to fill their bags, I am curious to buy at half price from now.
https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/analyst-who-nailed-bitcoins-40000-level-says-50-collapse-could-come-next-140051309.html
Many people are desperately waiting to buy BTC in cheap price especially big whales because they are the one of want to fill their bags, I am curious to buy at half price from now.
https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/analyst-who-nailed-bitcoins-40000-level-says-50-collapse-could-come-next-140051309.html
50% down from here (40,000$) means it will go to 20,000$. I don't see this happening in this bull market specially when there are so many institutions who want to buy bitcoins. I think bitcoin may go to 50,000$ and then we may see a 25% correction to 30,000$.
It say "might", so still 50/50 if my opinion. Although there are no so called experts here, everyone can just like a graph and says that we are going into a correction phase. And with that said, we really don't know what's going to happen next, of course a parabolic rise is not possible, just like what we have seen, the price seems to retrace after hitting all time high.
And then bounce back, reach another high, so let's see how it goes. We are in a bull run phase, and no matter what FUD and negative news we've seen, it doesn't have a net effective on the investors mind.
And then bounce back, reach another high, so let's see how it goes. We are in a bull run phase, and no matter what FUD and negative news we've seen, it doesn't have a net effective on the investors mind.
One of the top analyst who predicted BTC might go to 40k now says 50% of collapse is possible in near days, before few months he stated BTC price might rally at least 300%, on the other side JP Morgan says there are possibilities for 100k till the end of the year So what's next for BTC?
Many people are desperately waiting to buy BTC in cheap price especially big whales because they are the one of want to fill their bags, I am curious to buy at half price from now.
https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/analyst-who-nailed-bitcoins-40000-level-says-50-collapse-could-come-next-140051309.html
Many people are desperately waiting to buy BTC in cheap price especially big whales because they are the one of want to fill their bags, I am curious to buy at half price from now.
https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/analyst-who-nailed-bitcoins-40000-level-says-50-collapse-could-come-next-140051309.html
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