I don't think it will happen again even though the price of bitcoin will go down later I don't think it will be as low as the price in 2018, now the price is very high compared to a few years ago and the users are also increasing. so according to my prediction it will not happen again.
Right. which is different from the past, the crypto money ecosystem has now attracted the attention of large financial institutions as a collection of their investment portfolios. The current increase in the price of Bitcoin tends to be influenced by the entry of a number of large institutions into the cryptocurrency market. However, what needs to be understood is when the market support conditions occur. Or when Bitcoin will rise again after touching its lowest price. You have to be able to analyze when it happened.
Topic: will bitcoin ever go down like 2018-2020 (Read 1332 times)
I don't think it will happen again even though the price of bitcoin will go down later I don't think it will be as low as the price in 2018, now the price is very high compared to a few years ago and the users are also increasing. so according to my prediction it will not happen again.
Right. which is different from the past, the crypto money ecosystem has now attracted the attention of large financial institutions as a collection of their investment portfolios. The current increase in the price of Bitcoin tends to be influenced by the entry of a number of large institutions into the cryptocurrency market. However, what needs to be understood is when the market support conditions occur. Or when Bitcoin will rise again after touching its lowest price. You have to be able to analyze when it happened. 
Though market is unpredictable, I am sure, Bitcoin might not fall back back to below $30k. It has set up its mile stone already moving forward. We have more demands now for Bitcoin. Its growth in the market now is fabulous. Its stable and steady between $40k to $49k to see its bull market very soon. We are top ahead from 2018's market. We must start looking forward and support Bitcoin reach next ATH.
Well, it has already fallen back below $30k this year, have you forgotten already when the correction happened? though it's a short correction it resulted in bitcoin dumping below $30k, the actual price was over $29k and you can see that in the price history using the YTD data here https://coinmarketcap.com/currencies/bitcoin/ 
Though market is unpredictable, I am sure, Bitcoin might not fall back back to below $30k. It has set up its mile stone already moving forward. We have more demands now for Bitcoin. Its growth in the market now is fabulous. Its stable and steady between $40k to $49k to see its bull market very soon. We are top ahead from 2018's market. We must start looking forward and support Bitcoin reach next ATH.
The future is hard to predict, all we can do is live the moment. the chances of events in 2018-2020 are great to happen as well as opportunities not to happen. so let's invest in bitcoin calmly and confidently even though in the future the price of bitcoin drops then we have to hold our btc.
The conditions now are certainly different from 2018-2020, at that time I bought bitcoin at a price of $ 12500 after holding almost a year I sold at a price of $ 5800, currently many large companies are buying bitcoin in large quantities so that demand continues to increase and this is a positive signal that the market bitcoin will continue to skyrocket while 2018-2020 many cases of fraud from ICOs and exchanges making it difficult to rise.
Presuming that 2017-2018 event would happen again is something that cant really be possible in todays situation basing off with the adoption and situation on how big the market
is then its really hard to believe on but everything could happen since it is something a common behavior of crypto market.
We see the developments and the current situation, what I think is also the dark history of 2017/18 will not be repeated again, seeing many large institutions and several countries have responded positively, therefore I am sure that in the future it will also be something valuable even the correction won't be that big even into a red crash but this is a defense in a market where investors are now stronger to hold on.is then its really hard to believe on but everything could happen since it is something a common behavior of crypto market.
The pumping occurs there must be a correction but this will not be too severe even before it is precisely with the resistance that there are many who believe that this can indeed be held at the specified price.
so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?
In my opinion, the decline in the price of bitcoin like 2018-2020 will not be repeated because the current technological and institutional development of cryptocurrencies is much faster than 2018-2020. Although bitcoin will experience a correction after the increase, the price may jump again or rebound.Presuming that 2017-2018 event would happen again is something that cant really be possible in todays situation basing off with the adoption and situation on how big the market
is then its really hard to believe on but everything could happen since it is something a common behavior of crypto market.
so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?
In my opinion, the decline in the price of bitcoin like 2018-2020 will not be repeated because the current technological and institutional development of cryptocurrencies is much faster than 2018-2020. Although bitcoin will experience a correction after the increase, the price may jump again or rebound.
Thing are now much different than pre Covid 2019 times. So things to change that drastically will not happen. Yes it will still have a bumpy ride and bitcoin always had that ups and downs if you see charts over the last decade or you may have personally experience it. As well now it had reached 50k and fallen back to 40k levels but again it has now moved till 44k. So rise is inevitable.
I'm sure the current conditions are different from 2018-2020, at that time there were many scam projects that cheated and immediately exchanged them for cash so that the price of bitcoin dropped, now bitcoin and cryptocurrencies have a strong foundation, namely devs. which is supported by large finances so that it will keep crypto prices afloat and will not drop again like 3 years ago.
Just considering the level of acceptance or adoption of bitcoin or crypto market as a whole then you could really tell that this is something different compared back in to the past which it isn't really rightto presume that we would really be seeing the same crash or price decline as of these years but well the probabilities would be always there because nothing is really guaranteed or can really be predicted.
This is why it would be much better that you should stick with your investment plans and goals or targets and wouldn't mind off about these events.
I'm sure the current conditions are different from 2018-2020, at that time there were many scam projects that cheated and immediately exchanged them for cash so that the price of bitcoin dropped, now bitcoin and cryptocurrencies have a strong foundation, namely devs. which is supported by large finances so that it will keep crypto prices afloat and will not drop again like 3 years ago.
We saw before the lowest downfall when BTC price was $25 but last three to six months the price ups $52k and down $33k around eventually so the whole senario at the crypto era gradually more complicated . predictions speculations over embatiousness there are happening and will be so let's see what happens next .
As of lately crypto currency is one of the best investment platform. Bitcoin's price has soared the past three months from $33,36k to over $52,000 U.S. dollars per Bitcoin, as companies such as Tesla, PayPal, and Square have emphasized buying reserves of the currency and making it possible for customers to transact in the currency. It is the great power on behalf of bitcoin that is why I think that there is no chance for bitcoin to go down like 2018 as the price $4k.
2019 started with around 3.5k dollars and ended with 7k+ at the end, even had a rush to 14k at the middle of the year as well, so I do not know why you would say it went down during that period. 2020 was the start of this bull run and started with around 9k and ended with nearly 30k price as well, so that was 3x that we had in 2020. Only year in bitcoins existence that had a big fall was 2018 and that's it, we never had any year like that and never had before it as well.
So, no I do not think that we will have that kind of fall again, we will be doing fine and the price will keep on going higher and higher in the long run. It may take a while to break ATH, or 100k which are the two goals people have but they will happen, even if not tomorrow, it will happen in a year and I can wait for it for sure.
No one can give perfect prediction about cryptocurrency and specially Bitcoin because this can go either way any time bitcoin is decentralized and no one have control but recently whales playing good game and have some good profit from their tactics but still we are sure about this it's never going in way as its happen in 2018 because now adoption is happening, and we have some big and good names of technology working on better ways for spreading this and do some good things for easy life.So, no I do not think that we will have that kind of fall again, we will be doing fine and the price will keep on going higher and higher in the long run. It may take a while to break ATH, or 100k which are the two goals people have but they will happen, even if not tomorrow, it will happen in a year and I can wait for it for sure.
Even we all sure now it's not going to happen again, but still no one know what is next in crypto world.
The institutional adoption and common usage of cryptocurrencies have increased with time. This is connected by most of the users as a reason why we won't experience a down market within specific year. In my understanding I haven't thought of reaching such high, so same as the high value it could also go low. Everything is upon a cyclic pattern.
The price of Bitcoin has no chance to go back to the previous position because now there is a lot of investment in Bitcoin all over the world so I don't think it can go below the minimum of $25,000.
Wait but since when there are minimum price for Bitcoin ? in 2017 says there are many investors but yet the price in 2018 subside more than half of that.in 2019 the price is getting recover from the huge loss of 2018 yet the price drops high in 2020 when the corona Virus becomes pandemic .
so tell me How can you assure that status for bitcoin?
the right answer is no one knows if that may come or not .
But 2021 didn't happen that way, sure we are still not back to ATH that is true but that 30k did not stay for too long neither. This is why I think we can compare 2021 to 2020 or even 2019 and not with 2018 because that was rare and did not happen again. A whole year of bear run is unlikely to be seen again.
The price of Bitcoin has no chance to go back to the previous position because now there is a lot of investment in Bitcoin all over the world so I don't think it can go below the minimum of $25,000.
Wait but since when there are minimum price for Bitcoin ? in 2017 says there are many investors but yet the price in 2018 subside more than half of that.in 2019 the price is getting recover from the huge loss of 2018 yet the price drops high in 2020 when the corona Virus becomes pandemic .
so tell me How can you assure that status for bitcoin?
the right answer is no one knows if that may come or not .
The price of Bitcoin has no chance to go back to the previous position because now there is a lot of investment in Bitcoin all over the world so I don't think it can go below the minimum of $25,000.
Let's not forget that the main reason why BTC became so cheap in 2020 was because of CoViD, many want to survive that's why they sell off their coins and there was major panic around the world, I'm positive that we aren't going to see bear markets as harsh as those of 2018, 2019 and early 2020 again
Anything can happen in crypto market but I don't think Bitcoin will lose it's value like previous term. Yes, at the time of COVID-19, many people sold their bitcoin to survive. Most of the time people sell Bitcoin because they haven't strong believe in it.Jump to: