Will Bitcoin do the same scenario in 2018 ? - page 6.

Hamphser

sr. member

Activity: 2604

Merit: 338

Vave.com - Crypto Casino

Quote from: DJANAS on April 24, 2021, 12:25:52 PM

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

Sell on panic? Its your choice because people cant be completely stop on what they would do into this market neither they would be selling out to avoid further losses or would

simply hold up for waiting in some recovery which is a typical movement that we can see and we've been dealing with it for a decade and asking out if bitcoin would do the same

scenario just like in 2018? No it wont but not a guarantees because no man could ever know on what would happen in the future.It all matters with the demand in the end of the day.

Hypnosis00

sr. member

Activity: 2436

Merit: 343

Quote from: DJANAS on April 24, 2021, 12:25:52 PM

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

I'm not going to believe the saying "history repeats itself" but somehow, we can't stop the market from showing again like that as we know that it was vulnerable to such a thing. Though we say that the market will dump badly, never think also that it gonna be like what 2018 did.
Reaching back $4,000, $5,000 looks like it never happens again coz I felt that the market will remain high as $10,000.

DoublerHunter

hero member

Activity: 2590

Merit: 644

Quote from: DJANAS on April 24, 2021, 12:25:52 PM

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

^ Don't be confused and avoid being a part of those panic sellers. This is a very natural way of BTC that there is a price correction, regarding the news and updates towards BTC adoption worldwide, I dont see any reason BTC will drop too much even it will become a $30k price in the market. It is natural that BTC is always volatile price and even there is a correction, every now and then it will always fluctuate and always have resistance, and might this small correction will become a big refuel to pump up again to the market. Who knows, still nobody knows what will happen next, if I were your place, just HODL and be patient at all. BTC price supposedly have always an ATH,

Altcoinist

newbie

Activity: 10

Merit: 0

No, we are not in the same situation. There is a very strong fiat devaluation and economics crisis is coming (not only due to COVID).

Fesatmas

sr. member

Activity: 2268

Merit: 275

There is always a good time for bitcoin to rest at a certain point where the market has been saturated for some time, and this is perfectly normal. we are used to the momentum of collapse and bounce back in full force. while the time is not sure. because predicting the price of bitcoin in the next few days is very difficult. so always prepare for everything, even in a bearish or bullish market situation. we are in the ideal place.

blockman

hero member

Activity: 3066

Merit: 629

Vave.com - Crypto Casino

Quote from: DJANAS on April 24, 2021, 12:25:52 PM

but should we sell now in this panic ! or should we hold Undecided

i am a little bit confused

Don't be confused. What's your plan for this market? just get out and never come back or hold for the long term? I chose to hold. There really is a chance that it will be the same as 2018 but this time, we'll be having a higher price if ever bitcoin crashes again.
That's much better than 2018 so if you're worrying about the crash, prepare your cash and buy when it happens.

LUCKMCFLY

legendary

Activity: 2590

Merit: 1882

Leading Crypto Sports Betting & Casino Platform

I do not think so, there is still a long way to go, just because the altcoins season has not started is enough to expect the best of Bitcoin, if we now see from a long-term forecast point of view, it is in very bitcoin is in good shape because the retracement so far has been 25%, according to PlanB it is not the end of the Bullish race for Bitcoin, according to him he still firmly believes that it will reach $288k.

This Was Not the Top of Bitcoin’s 2021 Bull Run, According to PlanB

Quote

Despite crashing by 25% in a week and changing the general sentiment, bitcoin’s bull run could continue to a new top, argued S2F’s creator – PlanB.

Source: https://cryptopotato.com/this-was-not-the-top-of-bitcoins-2021-bull-run-according-to-planb/

The scenario is not the same as 2018, in addition the circumstances in 2021 are very different today.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

Of course there's a possibility, there's always is. The difficult part is, actually timing it. Hence why timing the markets isn't a recommended strategy in the first place; instead, dollar-cost averaging[1] is a far better strategy for the masses.

[1] https://dcabtc.com/

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

I'm sure there was a slowdown in 2017 and a reaccumulation phase...

September's coming to mind but I'm not sure why.

Just checked the chart and I was right. In August we rallied higher, up to £4000/$6000 and then in September we closed at £3000/$4000 before rallying in the next month to a new ath around £5000/$6500.

(conversions from gbp are being used because they have longer continuous charts that are easier to find)..

Based on more accurate ratios than those, the bottom would actually be around here... Might be a bad idea to sell now.

DJANAS

member

Activity: 219

Merit: 14

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

Topic: Will Bitcoin do the same scenario in 2018 ? - page 6. (Read 976 times)