Will There Be a Bitcoin Winter Soon?

[Senin]

Bitcoin goes through a stage of correction, this is a normal phenomenon for the cryptocurrency market. After a rapid growth, a correction to the real price often occurs, this is inevitable, but no one says that the price will not rush up again after a short break. I agree with the opinions of some experts that the tsuna will rise to new peaks this year.

Twice the price of bitcoin has risen to $ 40,000 and even higher, after which it has dropped to $ 30,000. Firstly, the fall is decent, and this indicates that the higher the price of a cryptocurrency rises, the higher its price volatility will be. Secondly, it will be very difficult to overcome the current price peak without the support of institutional investors. Or it will take some time.
Now I no longer expect a further drop in the price of bitcoin. Now it is fixed at this level and, most likely, after a while it will continue its price growth again.

[lepbagong]

Bitcoin goes through a stage of correction, this is a normal phenomenon for the cryptocurrency market. After a rapid growth, a correction to the real price often occurs, this is inevitable, but no one says that the price will not rush up again after a short break. I agree with the opinions of some experts that the tsuna will rise to new peaks this year.

Corrections will always occur at the beginning of the year and bitcoin has been done and it is true what you say that corrections are common, especially last year bitcoin was moving too fast and out of habit that so far has the nature of bitcoin because usually bitcoin is a long-term investment and yesterday was term short. However, This year's correction is not up to what happened in 2018 and does not drop below $ 30K, which indicates that bitcoin will be able to bounce back quickly.

Twice the price of bitcoin has risen to $ 40,000 and even higher, after which it has dropped to $ 30,000. Firstly, the fall is decent, and this indicates that the higher the price of a cryptocurrency rises, the higher its price volatility will be. Secondly, it will be very difficult to overcome the current price peak without the support of institutional investors. Or it will take some time.
Now I no longer expect a further drop in the price of bitcoin. Now it is fixed at this level and, most likely, after a while it will continue its price growth again.

Your prediction is correct that bitcoin will not move below $ 30K and this could indicate that there is still a desire for bitcoin to want to grow again pending the right time.
because investors certainly hope that with prices in the current range it will be easy to push up higher and faster, and bitcoin has proven it last year.
A decline of more than $ 30K is unlikely to happen to bitcoin because always after approaching the crucial figure bitcoin moves up again, a sign that bitcoin will be able to keep the price stable in this correction situation.

[nadyn]

There will definitely be bitcoin winter, the market is always growing, then there is a correction, and then there is an increase again, and then we will change the trend and move on to winter! The market is cyclical everything comes back!

[Wan_Sko]

I agree. The entry of institutions such as paypal has indeed strengthened the current position of bitcoin. The price then becomes relatively stable and tends to rise. So I predict it will be difficult for winter to stop by at this time, all that will be is a small, temporary correction

[maicodon]

I think the drop isn't done, expecting $30k area, despite many will still be bullish on weekly. I'm diversifying to great #Altcoins like Oropocket $ORO https://coinmarketcap.com/currencies/oro

[ashraf786100]

Anything can happen in cryptocurrency, but there are some things that can be done at any time. Well, at least I didn't go down without explaining myself first. So if a lot of people value it, the chances will be much higher.

[NANCY]

You are right that the price of this bitcoin has increased overnight and will soon reach a good condition. However, the market for Bitcoin has gone up a lot and it is expected that the price of Bitcoin will continue to increase day by day. Bitcoin is much better now.

[Triedboy]

The way Bitcoin's price is being pumped now seems to be unable to keep up with anything. Only Bitcoin's price is not rising.  And I can see the price of all the other coins is rising overnight. The price of Bitcoin is expected to reach its peak by 2021.

[indexx]

I think 2021 will be an amazing year for Bitcoin. Where is this Bitcoin is increasingly being sought after so that the price has also increased tremendously.

[CriptoLH]

After such a rapid increase in the price of bitcoin for yesterday, its correction is quite likely. Investors will lock in their profits and close positions . I do not believe that winter will come soon for bitcoin, rather, on the contrary, spring has just come for it.

[Galaxy]

Bitcoin is a popular and successful currency. The way its price is going up I think its price will drop to 30k. Bitcoin has a large number of investors in cryptocurrencies and this is why the demand for this currency is so high. Bitcoin is the king of cryptocurrency. So I think the price of bitcoin will go up this winter too.

[Monster5]

I think the price of Bitcoin at the current position will increase tremendously in a few days. My guess is that the price of Bitcoin will exceed $50000 dollar. However, it is known that by 2021, the price of Bitcoin will exceed 75k dollar. And people will be most interested in Bitcoin.

[Fenix]

There will definitely be bitcoin winter, the market is always growing, then there is a correction, and then there is an increase again, and then we will change the trend and move on to winter! The market is cyclical everything comes back!

Over the past few months, Bitcoin has already gone to a price correction several times, but this lasted only a few days, and the correction itself was relatively shallow. It is quite possible that this price situation may persist for most of the current year. Therefore, there may not be a bitcoin winter this year.

[Azaleea]

There will definitely be bitcoin winter, the market is always growing, then there is a correction, and then there is an increase again, and then we will change the trend and move on to winter! The market is cyclical everything comes back!

It is true. Everything develops and rotates naturally according to market mechanisms. But it would be nice if you could detect the presence of winter in order to minimize losses

[wahyudi]

This year the bitcoin trend shows an interesting and unpredictable trend in various aspects.  Nonetheless, our predictions for 2020 prove to be accurate.  DeFi boomed, institutional investors flocked to join in, and the halving went off without a hitch.