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Topic: Will Bitcoin even crash more than 20% in 2021? - page 2. (Read 371 times)

legendary
Activity: 1778
Merit: 1009
Degen in the Space
Of course, maybe more than half of it? 20% is not enough and can't be called a crash 'cause there's a possibility that it can resist more after that.

It's normal to have a correction, it always happens in the market, and nothing wrong with that.

If you invested right now and still hoping for bitcoin to climb up, then it's a huge risk as we know that downfall might occur anytime.
legendary
Activity: 1134
Merit: 1598
Invest during calm times; watch during hypes and crazy rides. That's how I do it, and it's worked ever since. This "euphoria" you're talking about is pretty risky and damaging - if you take actions during it, you're probably going to mess up.

I wouldn't say it's the end. I honestly believe it's just the beginning! But nobody really knows where the ceiling currently is so just be ready for the crash in case it happens.
full member
Activity: 574
Merit: 125
So many predictions about the value of bitcoin in the future but still no one can say the accurate one, it is good to predict because that will be your standard value for pulling out your bitcoin in investment but always be careful. After all, things can still happen, bitcoin can still go down even though we are seeing a good movement of it as of the current situation. The big crash might happen soon but I do think that it would go down below $15000.
full member
Activity: 2548
Merit: 217
20% is not that Big to call crash because in 2018 we have more than losses than that , 20% of 35,000 is 7k in which meaning the price will fall to 28,000 again ? we have experienced that already few days ago but look Bitcoin value return and climb up 37,000

I think it's Fine to have that correction and or even stays that price for a weeks , but the main target as what i have seeing around is 50,000$

Yes, it will happen because it happens every year. This year is unlikely to be an exception.
Every Year ? what do you mean ? does 2019 gives this same ? Kindly elaborate your thoughts on this mate?
sr. member
Activity: 616
Merit: 253
Yes, it will happen because it happens every year. This year is unlikely to be an exception.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
I've been waiting for a long time for a price drop so I can cash in my funds. It doesn't seem like it'll be very likely for any significant corrections in the near future. It's not like the past few bubbles, they were mostly a result of more companies accepting Bitcoin as a payment method. In this case, institutions are buying Bitcoins and they're sustaining the price more than any adoption could possibly do.

I could see a huge price drop if some bigger countries once again outlaws Bitcoin but that seems unlikely as well.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
If you take even just a quick look at bitcoin's chart, it's a safe assumption that a bigger crash would once again happen like how it did in the past. But at the same time, past performance is not indicative of future results. So in the end, while we can make our own guesses, no one knows. Tongue

Tip: be financially prepared for a bitcoin crash, and a bitcoin moon.
Well back then there was little to no institutional investors pouring their money in bitcoin so a crash seems unlikely for awhile. Maybe when all the coins available at the market are bought then a crash might be imminent. Tip noted, I had half of my hodl converted when a certain price point hits and the other for the long term. Crash will not be a bad thing for bitcoin because that means that supply is replenished and everyone can buy again.
legendary
Activity: 2170
Merit: 1789
Is this the begin of the end?
Why exactly you think so? Surely those firms are not buying assets that will die within a year or so. I'd probably have the same thinking if I see a run from $1 to $14 of an asset that is not really popular and only traded by hundreds or thousands of people on a fairly closed market.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
If you take even just a quick look at bitcoin's chart, it's a safe assumption that a bigger crash would once again happen like how it did in the past. But at the same time, past performance is not indicative of future results. So in the end, while we can make our own guesses, no one knows. Tongue

Tip: be financially prepared for a bitcoin crash, and a bitcoin moon.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
The previous bull run made Bitcoin rise some 20x and then fall some 3x. But the fall was not in the same year.
However, many voices tell that current bull run is different. History will tell if and what was different here. Some expect bull run be longer.
But don't expect it to go up and up. Some corrections may happen along the way.

If I'd look solely onto the charts I'd be terrified that we are near the end of the bull run.
But knowing what is driving the current bull run - some overly hungry institutional investors - I think that it'll still take a while. I have some expectations for 100k, but my expectations mean nothing.

Since nobody can predict the future, .. it's safer to say that anything can happen  Wink
member
Activity: 200
Merit: 73
Flag Day ☺
So when do you expect the next crash to happen?

Within 2 to 3 months.
Whatever the final peak hits would be cut in more than ½.
In My Best Guess.   Wink
full member
Activity: 224
Merit: 157
Currently it looks like the bullmarket is here to stay with all the crisis in FIAT world and the good news for bitcoin.

So when do you expect the next crash to happen? How low do you think it could even go for Bitcoin in 2021? A few days ago I was thinking maybe $15k-$20k would be the new low where large bags would always instantly buy. But now it seems the number might be even higher since the "real world" is taking Bitcoin serious and so many new hands are going in Bitcoin however its still just like 0,1% of old capital, wall street, financial firms. However we are at about 1/3rd of the market cap that private gold investors are at.

So if people keep seeing a value compared to the massive new printing of USD, the stock bubble, more crisis and drama (which the media will keep pushing)......

Will it just keep going up this year, 50k, 80k, 100k....? After experiencing previous crashes I must say my euphoria from the recent rush was HUGE but now its fading a bit since the rise of my Bitcoins is just so fast like a knife thru butter.

Is this the begin of the end?
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