although the price spiked fromlm 30K to 40k Bitcoin still is not out of the woods.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.
too many analysis to check out yet none ever is guaranteeing they could foresee whats to come. but i did buy back some altcoins already because BTC spiked.
Topic: will bitcoin ever go down like 2018-2020 - page 7. (Read 1187 times)
A drop in arbitrary number like 30%, 40% or even 50% can't be called we are entering the bear market, there should be some pattern to look for. I'm still bullish on the macro level of Bitcoin and I'm skeptical that we could enter the same drop we had on 2018. The year 2020-21 seems like having the same pattern of 2016-17 in my opinion just different on the structure.
so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?
Nope we are not , we will stay this level till next halving comes. like now that we are staying at 30-40k value this seems to be the level we will be having for years from now.and looking for 2018 is ok since the market subside by lack of support from the investors, but 2020? lol that is pandemic effect and for this to happen again we must have another pandemic.
so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?
Non so far, and as I've observed the latest market updates of price we've reached at $40k again. On that projections, I couldn't speculate any downturns as huge as the previous weeks. So for now, lets wait for another bounce which potentially heading towards $50k or higher.
I told him, bitcoin in two weeks will break through $ 50k, many investors have jumped again with cryptocurrencies and want to own bitcoin. Are you still hesitant to invest? bitcoin is in the green zone consecutively and returns to the red zone only a few percent and has no effect.
It is very difficult to predict the direction of bitcoin. What we have experienced this year is a good signal, that ATH is currently set at a high. And we're at $39k, assuming 29k is the low, we're in the midpoint zone, which looks like a sideways move. But we have optimism, as major catalysts are supporting the crypto space. I believe we can go up.
I think that it's more than just a good direction because I feel like it has reached new heights already and I think bitcoin can't go down anytime soon like how it have gone down in 2018, there's just a lot of factors that are preventing that from happening, institutional investors and more people getting into crypto as an example. the current conditions will be different as we can see the price is up and down.
But the trend of up and down will always be there, no matter how much bitcoin price it is.
The bull run will come again soon and who knows, that can happen twice this year, so if that is coming, we will see the price will be able to back to $64k and have more chances to break on that price.
Maybe we see the price is low now and we think that the price can go down later, but if you do not use this time to buy bitcoin and only see the price move, you will regret it when you see the price start to increase.
Bitcoin bull run will happen, and you know what will happen after that? Bitcoin bear run. That is how it has been forever, first it was a low price when it first started, even nearly free because people were like gifting each other thousands on very early days, then the price started to go up, the first skyrocket happened like towards 33 dollars or so, then dropped like crazy, then towards 150 bucks and dropped like crazy (funny enough that is when I started) and then it went to 1400 and dropped like crazy, then went to 20k and dropped like crazy and now to 64k and dropped like crazy, which means it will be much more than 64k in the future, and then it will drop like crazy after that as well. That is just how the crypto world works and that will always be how bitcoin prices will be, sure in the meantime we have some calm days time to time but it will always skyrocket and fall in circles.But the trend of up and down will always be there, no matter how much bitcoin price it is.
The bull run will come again soon and who knows, that can happen twice this year, so if that is coming, we will see the price will be able to back to $64k and have more chances to break on that price.
Maybe we see the price is low now and we think that the price can go down later, but if you do not use this time to buy bitcoin and only see the price move, you will regret it when you see the price start to increase.
Yes, that will be like that and we could just follow where the price moves by buying and sell or buying and hold and that is the option for people who want to use the opportunity from bitcoin.
I remembered that day when bitcoin is very cheap to buy and it is available as a reward by playing faucet and we can get many satoshis at that time.
But the time to earn like in the past is over because the bitcoin price now is at $39k-$40k and the reward is just reduced a lot.
But we can still earn bitcoin in many ways and hold the satoshi because it will be worth it in the future.
So if we can have patience while we try earning more bitcoin, we will have the opportunity to sell bitcoin at the next high price.
so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?
If you mean that question to apply only to the current cycle I think the answer is no, institutional investors have brought new dynamics to the market, I really think that if they were not here the price could have crashed already to very low levels but they are buying more and more bitcoin especially when it comes below the 30k level.So I think this is not going to happen and this could cause yet another bull run at the end of this year or at the beginning of the next one.
the current conditions will be different as we can see the price is up and down.
But the trend of up and down will always be there, no matter how much bitcoin price it is.
The bull run will come again soon and who knows, that can happen twice this year, so if that is coming, we will see the price will be able to back to $64k and have more chances to break on that price.
Maybe we see the price is low now and we think that the price can go down later, but if you do not use this time to buy bitcoin and only see the price move, you will regret it when you see the price start to increase.
Bitcoin bull run will happen, and you know what will happen after that? Bitcoin bear run. That is how it has been forever, first it was a low price when it first started, even nearly free because people were like gifting each other thousands on very early days, then the price started to go up, the first skyrocket happened like towards 33 dollars or so, then dropped like crazy, then towards 150 bucks and dropped like crazy (funny enough that is when I started) and then it went to 1400 and dropped like crazy, then went to 20k and dropped like crazy and now to 64k and dropped like crazy, which means it will be much more than 64k in the future, and then it will drop like crazy after that as well. That is just how the crypto world works and that will always be how bitcoin prices will be, sure in the meantime we have some calm days time to time but it will always skyrocket and fall in circles. But the trend of up and down will always be there, no matter how much bitcoin price it is.
The bull run will come again soon and who knows, that can happen twice this year, so if that is coming, we will see the price will be able to back to $64k and have more chances to break on that price.
Maybe we see the price is low now and we think that the price can go down later, but if you do not use this time to buy bitcoin and only see the price move, you will regret it when you see the price start to increase.
so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?
The decline that is happening now is no different from what happened in 2018 in my opinion and it can be said that the cycle continues to repeat every time the bitcoin price is able to reach a new record high price, from some existing experience we can see how when the bitcoin price starts to peak but arrives suddenly fell quite deep as is happening now and in my opinion it might take 1 year or 2 more years for bitcoin to break the record price again and most likely halvingday be the right moment for bitcoin's revival later.
Here's a proof in the charts of bitcoin market for the past ten years that I am going to tell you, bitcoin rose in 2017 of December and around mid January of 2018 it has fallen but look at bitcoin this year, it may have risen in December but it didn't crash in January. So no, I don't think that bitcoin will be the same as 2018 right.
It's hard to say what will happen in the future, but my assumption is that bitcoin will continue to rise when it approaches the $20k price because people feel that price is a good discount for the future. recently bitcoin seems to refute every prediction that exists with a significant increase in the last 2 days. I hope we never see the price of 2018-2020 again.
the future is still an uncertain hope. The past that happened in 2018-2020 is a bridge to the future. from that we can make an argument about bitcoin's future, which needs to be remembered, a country must maintain price stability in the value of the currency, so when bitcoin continues to soar there will be times when it falls again as a form of price correction to balance the value of a country's currency of course .
It's hard to say what will happen in the future, but my assumption is that bitcoin will continue to rise when it approaches the $20k price because people feel that price is a good discount for the future. recently bitcoin seems to refute every prediction that exists with a significant increase in the last 2 days. I hope we never see the price of 2018-2020 again.
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.
so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?
I'm sure the current conditions are different from 2018-2020, now the bitcoin price has hit $40k and I'm sure the bull run will repeat soon, maybe the price can reach at least $90k, so I will continue to buy bitcoins from savings.
But the trend of up and down will always be there, no matter how much bitcoin price it is.
The bull run will come again soon and who knows, that can happen twice this year, so if that is coming, we will see the price will be able to back to $64k and have more chances to break on that price.
Maybe we see the price is low now and we think that the price can go down later, but if you do not use this time to buy bitcoin and only see the price move, you will regret it when you see the price start to increase.
so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?
I'm sure the current conditions are different from 2018-2020, now the bitcoin price has hit $40k and I'm sure the bull run will repeat soon, maybe the price can reach at least $90k, so I will continue to buy bitcoins from savings.
so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?
Non so far, and as I've observed the latest market updates of price we've reached at $40k again. On that projections, I couldn't speculate any downturns as huge as the previous weeks. So for now, lets wait for another bounce which potentially heading towards $50k or higher.
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Bitcoin just like other crypto coins are highly volatile in price like we all know, so it's really hard to predict(and this is if it's even possible).
But based on some factors surrounding the 2021 bull run, if compared to 2017/2018 bull run, we all will notice a big difference, and one of those differences is that 2017/2018 bull run was mainly fueled by fomo and hype from New investors in the space, which is why price dropped really hard when the bear season came in 2020 - comparing this to 2021bull run which is mainly fueled by big institutional investors joining the space which also attracted other high profile and influencial people joining to invest.
When we consider this two scenarios, we can easily conclude that we currently are into something more realistic and reliable this time than we were in 2017/2018 bull market, so based on this analogy, I can personally say that bitcoin isnt expected to drop like it did in 2020 after 2017/2018 bull run.
But like I've said before, this things are very difficult to pinpoint a right yes or no answer, and like a member here already said, the right answer to this kind of question really is No body knows
But based on some factors surrounding the 2021 bull run, if compared to 2017/2018 bull run, we all will notice a big difference, and one of those differences is that 2017/2018 bull run was mainly fueled by fomo and hype from New investors in the space, which is why price dropped really hard when the bear season came in 2020 - comparing this to 2021bull run which is mainly fueled by big institutional investors joining the space which also attracted other high profile and influencial people joining to invest.
When we consider this two scenarios, we can easily conclude that we currently are into something more realistic and reliable this time than we were in 2017/2018 bull market, so based on this analogy, I can personally say that bitcoin isnt expected to drop like it did in 2020 after 2017/2018 bull run.
But like I've said before, this things are very difficult to pinpoint a right yes or no answer, and like a member here already said, the right answer to this kind of question really is No body knows
Answer to pretty much every single question concerning bitcoin's price: no one knows.
Even with predictions that come out of any analyst, even with world-class forecasters, even with intelligent robots that are able to read the direction of price movements. Will it all remain biased and raise big questions? Even though there is only one, the price of Bitcoin moves naturally every minute, depending on the mood of investors, mood of miners, mood of demand, mood of traders, mood of sellers. buyers, and God's mood. lol
so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?
It is very difficult to predict the direction of bitcoin. What we have experienced this year is a good signal, that ATH is currently set at a high. And we're at $39k, assuming 29k is the low, we're in the midpoint zone, which looks like a sideways move. But we have optimism, as major catalysts are supporting the crypto space. I believe we can go up.If the price is down again, we do not have to panic because that will be another correction and that could be our good time to buy bitcoin.
so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?
It is very difficult to predict the direction of bitcoin. What we have experienced this year is a good signal, that ATH is currently set at a high. And we're at $39k, assuming 29k is the low, we're in the midpoint zone, which looks like a sideways move. But we have optimism, as major catalysts are supporting the crypto space. I believe we can go up.Indeed, no matter how good the analysis we do, it is quite difficult to predict the price of Bitcoin. But if we look at the movement of Bitcoin this year
it is quite good, even managed to rise to prices above $60k. Even though the Bitcoin price is now falling, but at least not as it was in 2018. As long as
the Bitcoin price doesn't drop below $20k, I believe the price of Bitcoin will continue to rise, so what we need to do is continue to collect Bitcoins.
Because I'm still quite optimistic the price of Bitcoin by the end of this year can reach the price of $100k.
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