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Author Topic: Is a Bitcoin crash inevitable?  (Read 6806 times)


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Is a Bitcoin crash inevitable?
« on: January 25, 2021, 12:00:11 PM »

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Re: Is a Bitcoin crash inevitable?
« Reply #1 on: January 26, 2021, 09:09:06 AM »
I think so. A Bitcoin crash is on the horizon. A 15% to 30% correction is normal in cryptocurrency space. Bitcoin has made good strides in the new year and in December 2020.

Bitcoin prices in late 2020 to early January 2021 are impressive. However, this will be a burden on the way forward. The corrective effect will make the price decrease and it will be very obvious. I think this is normal and can happen at any time ...
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Re: Is a Bitcoin crash inevitable?
« Reply #2 on: January 26, 2021, 10:25:47 AM »
I think so. A Bitcoin crash is on the horizon. A 15% to 30% correction is normal in cryptocurrency space. Bitcoin has made good strides in the new year and in December 2020.
Your prediction may be correct. But no matter how great the correction happened, it resulted in a sharp decline, the current price will still be better than the same time last year.

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Re: Is a Bitcoin crash inevitable?
« Reply #3 on: January 26, 2021, 11:54:40 AM »
I think so. A Bitcoin crash is on the horizon. A 15% to 30% correction is normal in cryptocurrency space. Bitcoin has made good strides in the new year and in December 2020.

What hint do you have for you to think that the crash is inevitable, I don't think there will be a crash, although the market is very uncertain, it will take a pandemic like situation for the market to crash, we will have a correction along the way it's normal and it's been this way ever since, but a crash I don't see any hint.
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Re: Is a Bitcoin crash inevitable?
« Reply #4 on: January 26, 2021, 02:58:19 PM »
I think so. A Bitcoin crash is on the horizon. A 15% to 30% correction is normal in cryptocurrency space. Bitcoin has made good strides in the new year and in December 2020.

What hint do you have for you to think that the crash is inevitable, I don't think there will be a crash, although the market is very uncertain, it will take a pandemic like situation for the market to crash, we will have a correction along the way it's normal and it's been this way ever since, but a crash I don't see any hint.
The correction of bitcoin has already begun after it reached the price of 42 thousand dollars. And now bitcoin is in the $30-35 thousand corridor. If you look at the analogy with the previous years, the correction should continue maybe up to 20 thousand dollars. A lot will depend on big investors, where they will lead the bitcoin price. 
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Re: Is a Bitcoin crash inevitable?
« Reply #5 on: January 26, 2021, 04:23:48 PM »
The price of Bitcoin ate that new crush in early 2021 to everyone. The reason is that the price of Bitcoin has crossed $40k in a few days. It currently ranges from $30k to about $35k. In this new year, maybe the Bitcoin price will have a new crash, maybe in the middle of 2021.
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Re: Is a Bitcoin crash inevitable?
« Reply #6 on: January 26, 2021, 04:44:00 PM »
@raisajahan it depends on what you understand by crash. If by crash you mean it goes down to 0 or a total collapse, the answer is no, Bitcoin will not go down to 0. It will drop in price because that is how it should be, it cannot always stay up, it will have corrections as in each cycle, but it will continue to grow over time.
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Altcoins Talks - Cryptocurrency Forum

Re: Is a Bitcoin crash inevitable?
« Reply #6 on: January 26, 2021, 04:44:00 PM »



Offline Carbitcoin

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Re: Is a Bitcoin crash inevitable?
« Reply #8 on: January 26, 2021, 06:21:43 PM »
it is certain that maybe in the next month btc will be corrected 30% or more because it covers the support and resistance lines. after Bitcoin is corrected it will become new support and there will be a new ATH.
You may be right.But in this situation, there is no need to fear a decline in prices, since in 2017 there was a similar situation when Bitcoin experienced corrections 6 times and dropped to 30 percent before it reached the $ 20,000 mark.
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Re: Is a Bitcoin crash inevitable?
« Reply #9 on: January 27, 2021, 06:37:05 AM »
I think so. A Bitcoin crash is on the horizon. A 15% to 30% correction is normal in cryptocurrency space. Bitcoin has made good strides in the new year and in December 2020.
Bitcoin may drop significantly in price, but this will not mean its collapse. We must always be prepared for both its large price growth and its strong fall in price. For the cryptocurrency market, this is almost normal.
This year should be very interesting for Bitcoin and the participants in this market. It will show whether Bitcoin is able not only to rise to the expected price heights, but also to hold there for a long time.

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Re: Is a Bitcoin crash inevitable?
« Reply #10 on: January 27, 2021, 06:56:28 AM »
I think so. A Bitcoin crash is on the horizon. A 15% to 30% correction is normal in cryptocurrency space. Bitcoin has made good strides in the new year and in December 2020.
Just like what had happend way back 2017, Bitcoin price no matter how deep the plummet goes it will bounce back and made another history. The word crash might be referred to as the price drop until $10 a coin but it does not.

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Re: Is a Bitcoin crash inevitable?
« Reply #11 on: January 27, 2021, 08:11:22 AM »
I think what bitcoin showed us this year is not the limit. I think we will see in 2021 above $ 50k. But this is my personal opinion, I do not impose it on anyone.
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Re: Is a Bitcoin crash inevitable?
« Reply #12 on: January 28, 2021, 03:26:37 AM »


How do we define a crash? When Bitcoin is correcting itself maybe in the vicinity of 30%, can we consider that as a crash already?  I am really amazed thinking that even if the market remains to be bullish for Bitcoin, many of us who are hoping for its continued rise are actually thinking that it can be crashing soon. Well, I am not blaming these people since they know the history of Bitcoin -- plainly a boom and bust cycle. The recent bull run was made possible by the coming in of institutional money, then what would it then take for another bull run to happen? The coming in of aliens?

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Re: Is a Bitcoin crash inevitable?
« Reply #13 on: January 28, 2021, 10:37:01 AM »
Bitcoin has made good progress in 2020.  I think if the price of Bitcoin continues to rise in 2021, the valuation of Bitcoin will increase a lot more.
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Re: Is a Bitcoin crash inevitable?
« Reply #14 on: January 28, 2021, 12:20:49 PM »
I do agree with your opinion even the market can do 50% correction and we must always prepare for that too. I would say bitcoin is like a jumping ball when it goes up it must come down for correction as well even we have seen good movement in the past months and we should not be complaining about this drop now.

 

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