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Topic: Will Bitcoin do the same scenario in 2018 ? - page 2. (Read 1037 times)

hero member
Activity: 2828
Merit: 611
What happened in 2018 is different from what happened in 2020-2021, back in 2018 there were less institutional investors that are buying bitcoin because it was still unknown or they still don't find it worth investing and the prices dropped in January and now look at 2021, the price is stagnating but it didn't dumped altogether.
That is all the difference in the world, it is true the price is not moving but the fact that we are still so close to the previous all time high and yet the price does not go away tell us everything that we need to know, this is not the top, this is not the end of the bull market, we still have a lot of room to grow, this is just one of those moments in which the market does not move and the whales use those moments to get even more coins and I think the rest of the people should do exactly the same as them.
That really speaks to the situation doesn't it? I mean the fact that even after huge drops we still go back up to ATH price again and then eventually break it, have another huge crash, then go back and keep repeating this constantly really tells you all you need to know.

I get that bitcoin has increased a lot but ever since we broke over 50k for the first time, we haven't moved incredibly high, whereas altcoins did a huge increase, from 55%+ levels to under 45% the bitcoin dominance went down and that's all understandable as well because bitcoin price wasn't that shockingly different for the past month or two.

However with all of that in mind, it is still quite understandable if we are talking about bitcoin is not going down and going strong, it is not dropping and it is handling the drops very easily so that is a very important thing that we should realize.
full member
Activity: 2324
Merit: 175
i am wondering if Bitcoin will fall again like it happened in 2018 after the Bull run !
even in this time the price raised too much faster in shorter time.

 

It's something that we have to see, many are asking if we'll experienced what we have experienced in the past, even if the scenario is very much different from what we have right now, the market movement behaves based on the motivation of investors, and investors are more supportive know because they are more experienced and well informed.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
What happened in 2018 is different from what happened in 2020-2021, back in 2018 there were less institutional investors that are buying bitcoin because it was still unknown or they still don't find it worth investing and the prices dropped in January and now look at 2021, the price is stagnating but it didn't dumped altogether.
That is all the difference in the world, it is true the price is not moving but the fact that we are still so close to the previous all time high and yet the price does not go away tell us everything that we need to know, this is not the top, this is not the end of the bull market, we still have a lot of room to grow, this is just one of those moments in which the market does not move and the whales use those moments to get even more coins and I think the rest of the people should do exactly the same as them.
full member
Activity: 1736
Merit: 116
i am wondering if Bitcoin will fall again like it happened in 2018 after the Bull run !
even in this time the price raised too much faster in shorter time.
last two days Bitcoin price felt 10000 $
i know that some news affect the market, but should we sell now in this panic ! or should we hold  Undecided
i am a little bit confused
 
Crypto market is always changing and pump and dump is not new to us, after the bullrun there is always a big dip, the problem there is we don't know when that dip come. If only we know when the pump and when that dip will happens maybe crypto is become more way of making profit but it is not. That is why we need patience and we need to control our self emotion.

What's interesting about cryptocurrency is its unpredictable price movements, as you said the crypto market can change drastically.
Therefore, patience is needed to control emotions when investing in crypto, we do have to frequently analyze the market. In order
to identify which direction the price is going, but most people are impatient. So usually it is too fast to enter the market,
and too fast to get out of the market. It's not easy to make profit from cryptocurrency.
hero member
Activity: 2730
Merit: 632
i am wondering if Bitcoin will fall again like it happened in 2018 after the Bull run !
even in this time the price raised too much faster in shorter time.
last two days Bitcoin price felt 10000 $
i know that some news affect the market, but should we sell now in this panic ! or should we hold  Undecided
i am a little bit confused
 
Crypto market is always changing and pump and dump is not new to us, after the bullrun there is always a big dip, the problem there is we don't know when that dip come. If only we know when the pump and when that dip will happens maybe crypto is become more way of making profit but it is not. That is why we need patience and we need to control our self emotion.
If things turns out to be predictable then majority of us are rich now and making money and that one isnt really called a market since everything can be profitable and we know that it is impossible
to happen.Talking about similar scenario then it would be always a different story because adoption level wont really be similar as the years passed by.So better to look for those factors
if you do really mind off about price potential but due to unpredictability then this wont be an easy job.Thing here is you do know on when to get in and when to get out.
It might sound easy but its not but with due experience you can able to handle it out.
hero member
Activity: 2114
Merit: 619
i am wondering if Bitcoin will fall again like it happened in 2018 after the Bull run !
even in this time the price raised too much faster in shorter time.
last two days Bitcoin price felt 10000 $
i know that some news affect the market, but should we sell now in this panic ! or should we hold  Undecided
i am a little bit confused
 
Obviously yes, the Market can never go in just one direction no matter how good the coin or how good the project is it's human sentiments that come into play. People would eventually try to book some profits leading to correction in the market. The scenario of 2018 would definitely be repeated as soon as we see a correction. Market Ideally moves in a 45-degree angle and corrects itself whenever it is above that. Currently on weekly as well as month Market is too bullish so obviously, things will be corrected. But yes one thing is almost sure that after that crash or correction whatever you say it there would be another 2021 like boom. This is how things have always been bull run has to eventually end for the bears to take in and bear run would eventually end too.
sr. member
Activity: 1009
Merit: 328
i am wondering if Bitcoin will fall again like it happened in 2018 after the Bull run !
even in this time the price raised too much faster in shorter time.
last two days Bitcoin price felt 10000 $
i know that some news affect the market, but should we sell now in this panic ! or should we hold  Undecided
i am a little bit confused
 
Crypto market is always changing and pump and dump is not new to us, after the bullrun there is always a big dip, the problem there is we don't know when that dip come. If only we know when the pump and when that dip will happens maybe crypto is become more way of making profit but it is not. That is why we need patience and we need to control our self emotion.
legendary
Activity: 3066
Merit: 1129
every year, the potential of bitcoin and other altcoins will always be different. in 2018 was very different from the year we currently have. We all know that currently there are very many large investors who believe in bitcoin technology. whereas in the previous year, the impetus for cry [tp only lies in a few pushes such as the popularity of ICOs, and the halving. I'm pretty sure that the conditions will be different from the previous year.
Let people think whatever they want to believe. If they think bitcoin will go down, they will sell, when they sell we will buy from cheaper and get richer Cheesy. That is why I do not mind people who keep saying that we are in a bubble, because I believe even if they say whatever they want, a bubble, ponzi, crash, whatever they want to say, in the end we are going to make the profits and not them (if they act according to what they say.

This is why I do not mind the Fudders, let them fud as much as they can, it is not going to work and will only hurt them. I also believe that anyone who believes bitcoin will go down, secretly wants it to go down so that they can buy more, that is the only reason that anyone would want it to go down, anyone who holds bitcoin wouldn't want it to go down so that means there are people who create fud so that it goes down and they can buy more.
sr. member
Activity: 2618
Merit: 439
i am wondering if Bitcoin will fall again like it happened in 2018 after the Bull run !
even in this time the price raised too much faster in shorter time.
last two days Bitcoin price felt 10000 $
i know that some news affect the market, but should we sell now in this panic ! or should we hold  Undecided
i am a little bit confused
 
Not a chance mate because now there is already an altcoin season happening yet Bitcoin stays stronger so i believe that scenario of 2021 will never become scenario of 2018.

What happened in 2018 is different from what happened in 2020-2021, back in 2018 there were less institutional investors that are buying bitcoin because it was still unknown or they still don't find it worth investing and the prices dropped in January and now look at 2021, the price is stagnating but it didn't dumped altogether.
meaning what we have in market in 2018 is manipulators not like now that there is a real investors in the house.
legendary
Activity: 3024
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
i am wondering if Bitcoin will fall again like it happened in 2018 after the Bull run !
even in this time the price raised too much faster in shorter time.
last two days Bitcoin price felt 10000 $
i know that some news affect the market, but should we sell now in this panic ! or should we hold  Undecided
i am a little bit confused
No its possible but not for now this is not 2018 anymore its 2021 last 2018 theres no Elon Musk promoting bitcoin today many celebrities joined the party and many still will join for sure so bitcoin will become out of supply and no chance a repeat like what happens in 2018 wait till the end of the year and $100k will be the new support.  
Yeah, it seems less possibilities for same scenario of bear markets to repeat in 2022. But at the same times, we cannot expect big corporates and intuitions to continue their holding of bitcoins forever. So, anything may happen; that is the reality of financial world against individual investors. Please remember intuitions are just investors and definitely not long term adopters.

I agree many celebrities are these days talk about bitcoin and other cryptocurrencies which will definitely lead many new people to be on board but I doubt that will be enough to balance those corporate/intuition investors' profit booking levels at the end of this year or after a considerable final ATH of this cycle.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
Bitcoin cant increase forever, right? Eventually, at some point, bitcoin has to stop the increase and start to decrease its value. Even I am a bitcoin enthusiast, my gut tells me that bitcoin is currently overvalued. However, the good sign is that technical analysis demonstrates a healthy uptrend in the big time frames (day, week, and months). I will probably try to earn some extra money with altcoins because the bitcoin momentum is getting weaker. Moreover, bitcoin dominance is getting lower so this is the right time to invest in altcoins
member
Activity: 1120
Merit: 68
What happened in 2018 is different from what happened in 2020-2021, back in 2018 there were less institutional investors that are buying bitcoin because it was still unknown or they still don't find it worth investing and the prices dropped in January and now look at 2021, the price is stagnating but it didn't dumped altogether.
hero member
Activity: 2492
Merit: 542
i am wondering if Bitcoin will fall again like it happened in 2018 after the Bull run !
even in this time the price raised too much faster in shorter time.
last two days Bitcoin price felt 10000 $
i know that some news affect the market, but should we sell now in this panic ! or should we hold  Undecided
i am a little bit confused
 
No its possible but not for now this is not 2018 anymore its 2021 last 2018 theres no Elon Musk promoting bitcoin today many celebrities joined the party and many still will join for sure so bitcoin will become out of supply and no chance a repeat like what happens in 2018 wait till the end of the year and $100k will be the new support. 
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
every year, the potential of bitcoin and other altcoins will always be different. in 2018 was very different from the year we currently have. We all know that currently there are very many large investors who believe in bitcoin technology. whereas in the previous year, the impetus for cry [tp only lies in a few pushes such as the popularity of ICOs, and the halving. I'm pretty sure that the conditions will be different from the previous year.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
I think that Bitcoin cannot be in the same pattern of 2018, now the scenario is very different, there is a lot of demand, it is obtained that from the new entry of many investors, including Elon Musk, Microestrategy, among others, they are giving a very different turn to 2018.

Today people and institutions that have a lot of money are buying Bitcoin, which is why these market changes occur, most of which have produced new ATHs.

This article talks a bit about the difference of stages in the market:

Quote
Dilution proof concludes by asserting that now that BTC has undergone a technical correction, most market cycle metrics are pointing towards more room for growth.

“Compared to 2017, the bull run was intense; some exhaustion was normal
– The market was (over)leveraged, but now less so
– The demand for Bitcoin appears strong as ever
– If this cycle is like the others there is room for growth on most market cycle metrics.”
Source: https://dailyhodl.com/2021/05/04/bitcoin-demand-strong-as-ever-says-top-on-chain-analyst-heres-why/
full member
Activity: 1316
Merit: 104
CitizenFinance.io
That of 2017 bull run is mainly from the whales while the present one comprises of institutions, it will be very difficult to crash just any how as we often experience it
sr. member
Activity: 1484
Merit: 277
i am wondering if Bitcoin will fall again like it happened in 2018 after the Bull run !
even in this time the price raised too much faster in shorter time.
last two days Bitcoin price felt 10000 $
i know that some news affect the market, but should we sell now in this panic ! or should we hold  Undecided
i am a little bit confused
 

It's always possible that bear market will tend to exist during same with previous years, but we don't know when this time will be. Keep an eye and monitor bitcoin market , because someday we might see downtrends coming and this a huge opportunities for all of us to purchase btc at lower costs. When there's a chance to sell while high, then do it and don't wait for the blood bath.
hero member
Activity: 2940
Merit: 613
Winding down.
It can happen, there will be a bearish after the bullrun. It is the same as in the past, we have bullrun in 2017, then there is a bearish in 2018. This year, we are in the bullrun season, so there is a chance that we see a bearish season in the next year. But surely no guarantee if it really can happen. The situation in the current market isn't the same as in 2017-2018.

That certainly be unpredictable. Yes, of course, dumps can still be happening any time but with the fact that Bitcoin is continuously growing and also the coming of big companies, I expecting less for this huge correction to appears. We can have such a market crash but not as the same as what we experience last 2018. Besides, I almost forget about that, it was the worse experience so I'd tried not to remember it.

Anyways, we can't urge people to keep calm and still positive in every price correction, many we're still leaving in the doubt, so it was expecting that these people will start taking negative once they saw red paint in the chart.
hero member
Activity: 2926
Merit: 722
Expect the same pattern, though perhaps not as deep as the previous cycle.
Not only talking about the deep of previous cycle but into other factors as well;

-Level of adoption
-Instutional and Big company involvement
-More government recognition
-More traditional service application

We can presume about probabilities but seeing these changes would really tell you that this isnt something that we had seen in the past.
Therefore, its less likely to happen to see the same scenario.
legendary
Activity: 1789
Merit: 1008
Keep it dense, yeah?
Expect the same pattern, though perhaps not as deep as the previous cycle.
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