will bitcoin ever go down like 2018-2020 - page 6.

aoluain

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Quote from: https://www.newsbtc.com/news/bitcoin/rare-bullish-bitcoin-signal-appeared/

A rare bullish bitcoin signal, the difficulty ribbon compression, has started pumping up for the first time since the bull run started.

I have been told by a Bitcoiner friend that when this signal flashes Blue historically
Bitcoins price doesnt go below it, apart from the big selloff related to COVID.

I'm still trying to wrap my brains around this but its looking like this buy signal is an
indication that we are going up very soon which would mean we are leaving 2018
values further behind.

Further reading > https://www.tradingview.com/chart/BTCUSD/oXBM6kA5-BITCOIN-Massive-HASH-RIBBON-Buy-Signal-Incoming-The-NEXT-TIMES/?utm_source=amp-version

dupee419

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2018 had the biggest drop, not saying I want it to happen again but with how volatile the price is, it may or may not happen again, we'll never know, all of our answers are just speculations, we can't complete determine how the price will move, we can only observe, prediction won't be much of an accurate thing to rely on because of its volatility.

Sanitough

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Quote from: Semar Mesem on August 07, 2021, 10:06:40 AM

Quote from: erep on August 07, 2021, 04:25:31 AM

Some of the market movements are connected to the historical past years but that doesn't mean the market will follow the same path, although I believe the market will fall before the bullish market but the lows will not be the same as the lows of the last 2018-2020 market.

2018 is certainly a year that is hard for me to forget, at that time I lost around $3400 for buying bitcoin at $14k and selling at $5800, looking at the current market trend of course I am sure that the moment 2018 will not be repeated now, I believe the end of the year can be reach at least $75k.

No one knows, if you make a wrong decision last time because you believe bitcoin will go down that's why you sold your bitcoin at a loss, you can still make the same mistake this time. What we are seeing is very bullish, but it could also be a bull trap only and bitcoin will again go back to $30k.

The thing is, bitcoin is very volatile and unpredictable, one day it will reach a new ATH but it could also correct to a very low price.

As we are still bullish, we should always learn from our past experience, and always believe that no easy money in crypto as investing here is very risky.

Semar Mesem

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Quote from: erep on August 07, 2021, 04:25:31 AM

Some of the market movements are connected to the historical past years but that doesn't mean the market will follow the same path, although I believe the market will fall before the bullish market but the lows will not be the same as the lows of the last 2018-2020 market.

2018 is certainly a year that is hard for me to forget, at that time I lost around $3400 for buying bitcoin at $14k and selling at $5800, looking at the current market trend of course I am sure that the moment 2018 will not be repeated now, I believe the end of the year can be reach at least $75k.

erep

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Some of the market movements are connected to the historical past years but that doesn't mean the market will follow the same path, although I believe the market will fall before the bullish market but the lows will not be the same as the lows of the last 2018-2020 market.

Avantikakaur

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The price of bitcoin is not likely to go down as much as in 2018 its price is going up and the market is going down but it will go up the market will not go back to 2018 analyzing the markets, it is understood that the price of bitcoin will increase further. It doesn't take long to get up even if it's low.

Clavulanic

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Quote from: idk what to say on July 26, 2021, 05:55:26 AM

so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?

We're not at the low level of bitcoin price as of now, because it already surpassed $40k then quickly reached $42700 with minimal fluctuations. The indications was promising so there's no chance that we're going down same with 2018-2020. Maybe if within that span of 4 years we will see bitcoin hits another historical value of more than $100k or stabilizes at that certain price.

MiF

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Quote from: idk what to say on July 26, 2021, 05:55:26 AM

so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?

After the bull run season, bearish season is the next season to happen, but I think bear season will not happen this year, base on the current price and the market movement, I think the Bitcoin price will not drop so hard this year, and the price will maybe rise up high before year end.

3la9l_kolbaCa

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Quote from: idk what to say on July 26, 2021, 05:55:26 AM

so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?

Don't hope it so, because in reality you don't like it when it really going to happen. It's not easy to handle the past nightmares that we already been through for so many times.
Many expected bullrun to commence one day and $100k will happen this year, but the answer is tentative.
We really don't have an assurance, only one chance will make it all possible.

jakdanyel

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kycfree

Going down to even $4k? I don't think that such thing will ever happen unless Bitcoin starts dying. Bitcoin price has gone over a certain limit and I don't expect it to go back to its old times again from these levels. Maybe we can see a price between $15k and 20k but nothing less than that I think.

zanezane

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Quote from: jaberwock on August 05, 2021, 02:03:01 PM

Quote from: zanezane on August 05, 2021, 01:43:16 PM

~

Unfortunately most people are into a practice of selling at high and then buying back at low which is the reason why we are usually having the corrections in bitcoin markets periodically. When at least 50% of bitcoin people are believing into market to slide down then they are pushing rest of bitcoiners as well to sell and then to buy back. So, regardless of how many people are participating into bitcoin markets, I am afraid we may go another round of bear markets in 2022.

But in 2021, we may test another ATH which may lead to bitcoin prices to be testing more than $100k levels before end of this year. So, get ready to face both bulls and then bears in near future.

But even if there's that kind of habit and correction, it still won't matter because even if it's 50%, the price won't go down real bad like the last time, plus a bear market in 2022 isn't going to be dire in my opinion because even if it happens, pretty sure that people are ready for what's going to happen next. I am hoping that it's going to be the case for bitcoin, to go back up and then reach another ATH.

jaberwock

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Quote from: zanezane on August 05, 2021, 01:43:16 PM

Bitcoin's too big to go down like 2018 plus there are more people hodling already and not backing down even when the prices are going down, plus companies have already come in and they seem to be in the market for at least a long time before taking out their investments hoping the prices will grow much bigger than their initial investment.

Unfortunately most people are into a practice of selling at high and then buying back at low which is the reason why we are usually having the corrections in bitcoin markets periodically. When at least 50% of bitcoin people are believing into market to slide down then they are pushing rest of bitcoiners as well to sell and then to buy back. So, regardless of how many people are participating into bitcoin markets, I am afraid we may go another round of bear markets in 2022.

But in 2021, we may test another ATH which may lead to bitcoin prices to be testing more than $100k levels before end of this year. So, get ready to face both bulls and then bears in near future.

zanezane

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Bitcoin's too big to go down like 2018 plus there are more people hodling already and not backing down even when the prices are going down, plus companies have already come in and they seem to be in the market for at least a long time before taking out their investments hoping the prices will grow much bigger than their initial investment.

Questat

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Quote from: idk what to say on July 26, 2021, 05:55:26 AM

so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?

Everything that happens yesterday, today, and tomorrow is unpredictable, that much more in the future, I think it was just only a wild guess. Because if we are sure what would really happen this year, like be said the same as 2018-2020, we're supposed to sell more rather than accumulating coins. But as we can see, people are still investing and quiet to see how the market shows an amazing trend like it never dumps and turns bearish after hitting its ATH. That was enough to prove that the market is changing and no path to follow and thinking about another 2018-2020 is seems impossible to see.

Hippocrypto

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Quote from: idk what to say on July 26, 2021, 05:55:26 AM

so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?

Nothing so far, in fact the price ranges so well before we achieve $45k as a relief until such time another bullrun is going to go unstoppably. I'm just speculating here for good, but who knows that's exactly a good motivational thoughts to hear from me and also from other person who has the positiveness in their minds. Years of 2018-2020 has a different scenario with 2021, let's just be keen on our words.

Oilacris

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Quote from: Timelord2067 on July 30, 2021, 11:27:01 AM

People can be scared and dump their bags for any number of reasons, not the least of which are pandemics, natural disasters and financial crashes. Banks failing causes a rush on that banks liquidity and so it becomes an ever increasingly downward spiral.

Will BTC go down like it did in 2018 - Absolutely! Today? Probably not. This month - dunno.

There would be no assurance that there would be no similar situation that will happen just like on what 2018 crash but basing off with the level of adoption and awareness of bitcoins existence then its really hard to believe on that there would be a second time around similar dumping state and if that thing happens again then i would definitely be putting all of my assets on buying cheaper coins.Yes, its risky but

i wont able to afford on missing out the opportunity to make profits when the market tends to recover even though there's no assurance to that but at least you do able to take risk
depending on your past experiences.

A matter of choice though since bitcoin is always been a volatile thing.

conected

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Quote from: Text on July 29, 2021, 06:22:39 AM

I think, with today’s visible movement of Bitcoin’s value in the market it is unlikely that it will return to where it was in the last three years. More people still prefer its price to go up than to go down. Now that its vigor is returning and the new good news about it is causing the price to go up again.

- Returning to vitality only shows that its current illness has been temporarily resolved and passed a dangerous stage but this is a congenital heart disease, bitcoin's heart rate will go high or low on a very regular basis and go through many times of treatment, today's market can bring a positive life status line, but the implication in the future is still a huge question mark, a recurrence of serious illness like three years ago is still possible.

Dr.Osh

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Quote from: Timelord2067 on July 30, 2021, 11:27:01 AM

People can be scared and dump their bags for any number of reasons, not the least of which are pandemics, natural disasters and financial crashes. Banks failing causes a rush on that banks liquidity and so it becomes an ever increasingly downward spiral.

Will BTC go down like it did in 2018 - Absolutely! Today? Probably not. This month - dunno.

that is very correct. however, when the dump occurred no one knows. however, we know that dumps can happen at any time. however, don't worry, when a dump can happen at any time, so can the pump. for the time being, I calmed myself by thinking like that. well, besides, statements like that, we all want to know the answer to, but no one can be sure of that. what we can do is prepare for the worst.

Timelord2067

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People can be scared and dump their bags for any number of reasons, not the least of which are pandemics, natural disasters and financial crashes. Banks failing causes a rush on that banks liquidity and so it becomes an ever increasingly downward spiral.

Will BTC go down like it did in 2018 - Absolutely! Today? Probably not. This month - dunno.

Slow death

legendary

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Quote from: electronicash on July 30, 2021, 09:12:02 AM

although the price spiked fromlm 30K to 40k Bitcoin still is not out of the woods.

this rise from 30K to 40K shows that the price is on the way to 60 if it breaks 44K. but for now we're a bit out of the danger zone that was in 28K

Quote from: electronicash on July 30, 2021, 09:12:02 AM

i'd like to wait for another breakout because its just too god to see two bullrun in a year. if it does happen then 2018 nightmare might out of our sight anymore.

a break above 44K would be a very good thing. but we have to see that there is Stop - Loss, ie you can take the risk to buy now and place a Stop - Loss if the price goes down too much, this way you could profit a lot if the price goes up too much to 44K

Quote from: electronicash on July 30, 2021, 09:12:02 AM

too many analysis to check out yet none ever is guaranteeing they could foresee whats to come.

technical analysis is not guaranteed future prediction

Quote from: electronicash on July 30, 2021, 09:12:02 AM

but i did buy back some altcoins already because BTC spiked.

you did well to hold for a long time because almost all altcoins can make a profit of more than 4X guaranteed if the bitcoin price returns to 60K

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