Can Market again dumped like that 2018?

[aiviaa485]

Cryptoucurrencies are always changing all the time and of course crytpocurrencies are also always surprising, look at the All Time High of Bitcoin around 65,000 USD and now the price of Bitcoin is around 30,000 USD, this has already decreased by half.
I'm sure that maybe someday it can go up again and of course it will also go down again, but what is difficult to predict is because it is very difficult to guess like in 2018.

[rizqillah]

Cryptoucurrencies are always changing all the time and of course crytpocurrencies are also always surprising, look at the All Time High of Bitcoin around 65,000 USD and now the price of Bitcoin is around 30,000 USD, this has already decreased by half.
I'm sure that maybe someday it can go up again and of course it will also go down again, but what is difficult to predict is because it is very difficult to guess like in 2018.

I think It's the reason why crypto currency like bitcoin is decentralized.  Because no one cannot control the market
Sometimes we will see up and down.
I think we should get profit from it's fluctuate.
Buy when low and sell when high.
I agree with we will see bitcoin will go up again and maybe will go down.

[sacrotic]

This is classic question but always have same answer, buy back or cut loss. No one know the future but we can predict with realistic target before take action and dump not always become good time for saving, sometimes we need to cut loss. Everything is possible but reduce risk is the right answer, wait and see if 30K break buy it.

[trauchot]

Of course, if the manipulators will want, they will easily start make panic in the cryptocurrency market and the cryptocurrency market can fall very much, but we shouldn't worry about it, since it doesn't matter to what values the cryptocurrency market will fall, because after the correction there will be another growth and cryptocurrencies will reach new heights.

[lepbagong]

This is classic question but always have same answer, buy back or cut loss. No one know the future but we can predict with realistic target before take action and dump not always become good time for saving, sometimes we need to cut loss. Everything is possible but reduce risk is the right answer, wait and see if 30K break buy it.

actually to talk about bitcoin if you want to invest in the future, you don't need to hesitate to buy in any position as long as you haven't reached renewable ATH, because it can be ascertained that every 4 years (halving) there will be changes and will exceed when we buy. but if you want to trade daily or look for profit from the price difference that occurs then a good analysis is needed.

currently the price of bitcoin is very stable, there is a range of $31K-$40K and this indicates that bitcoin is indeed experiencing stability and it has been like this for a month, if you believe it doesn't hurt to do daily trading, buy when the lowest price is around $31K because he will return increases for a while, before going back down again and keeps it going.

but if you don't want to risk being afraid of wrong analysis but have confidence that the period of movement to increase will still occur, buy it and hold it. because the end of the year bitcoin will peak to reach renewable ATH again. and until now I believe that and all altcoins will also move up.

[CryptoStar19]

The more we consolidate at these levels (30 - 40k), the higher the potential for the next leg up will be when the bull-market returns.

[Mbah Jenggot]

The more we consolidate at these levels (30 - 40k), the higher the potential for the next leg up will be when the bull-market returns.

Well, I agree.  Bitcoin is stable arround 30-40K USD after big dump.
By seeing the bitcoin progress as long as this month, I think bitcoin has potential to hit over 40K USD again.
Current bitcoin price is 39K USD.
It is not difficult to increase, hopefully.
BTW about OP question, can market dumped again like 2018?
I think not yet.

[Freemind]

Well, I agree.  Bitcoin is stable arround 30-40K USD after big dump.
By seeing the bitcoin progress as long as this month, I think bitcoin has potential to hit over 40K USD again.
Current bitcoin price is 39K USD.
It is not difficult to increase, hopefully.
BTW about OP question, can market dumped again like 2018?
I think not yet.

Many whales worry about keeping the value of Bitcoin within the $30,000 $40,000 range, it seems that this area is where they feel most comfortable to continue accumulating while others sell thinking that they are going to lose everything. When all the scared stop selling all their Bitcoins, the value will possibly skyrocket again and maybe we'll even see a new ATH if we're lucky.

[smrityirany]

The crypto market has dumped from few months. The price of the other coins depend on the price of Bitcoin but the bitcoin has lost its price a lot. Before few months  the price of bitcoin was around $ 62k but now its price is around  $ 37 k and it is becoming ups and downs. I think it is stable but no one can predict about the crypto market; anything can be happened here but I think the market will be increased more in future.

[CryptoStar19]

Well, I agree.  Bitcoin is stable arround 30-40K USD after big dump.
By seeing the bitcoin progress as long as this month, I think bitcoin has potential to hit over 40K USD again.
Current bitcoin price is 39K USD.
It is not difficult to increase, hopefully.
BTW about OP question, can market dumped again like 2018?
I think not yet.

Many whales worry about keeping the value of Bitcoin within the $30,000 $40,000 range, it seems that this area is where they feel most comfortable to continue accumulating while others sell thinking that they are going to lose everything. When all the scared stop selling all their Bitcoins, the value will possibly skyrocket again and maybe we'll even see a new ATH if we're lucky.

Over the past few months bitcoin price action has been following what is known as the Wyckoff distribution, the previous rise from 30k to 65k was the "distribution phase" and now the price action is following the "accumulation phase" (of Wyckoff distribution).

[mlawson71]

I need to read up more on this, I had not heard of that before. Of the Wyckoff distribution, that is.

[Papa Bear]

It is impossible to predict if the price of bitcoin will rise sharply in the future. However, the bitcoin price skyrocketed and reached the triangle line. There are many caveats. The first resistance is $ 35,000. Investors can expect more. Then the area is $ 40,000. The bitcoin market is very slippery. So we don't see a potential price. We are looking forward to the breakthrough. But I hope 2018 doesn't come back.

[Freemind]

It is impossible to predict if the price of bitcoin will rise sharply in the future. However, the bitcoin price skyrocketed and reached the triangle line. There are many caveats. The first resistance is $ 35,000. Investors can expect more. Then the area is $ 40,000. The bitcoin market is very slippery. So we don't see a potential price. We are looking forward to the breakthrough. But I hope 2018 doesn't come back.

To suffer a fall equal to that of 2018, the global capitalization would have to go down a lot, and Bitcoin would have to go down to about $ 11,000, that would be a loss of 83% compared to its last ATH, which is the same percentage that was lost in 2018. Fortunately we are quite far from those amounts, despite the fact that many think that this is the end, the market is much better than in 2018.

[yohananaomi]

It is impossible to predict if the price of bitcoin will rise sharply in the future. However, the bitcoin price skyrocketed and reached the triangle line. There are many caveats. The first resistance is $ 35,000. Investors can expect more. Then the area is $ 40,000. The bitcoin market is very slippery. So we don't see a potential price. We are looking forward to the breakthrough. But I hope 2018 doesn't come back.

To suffer a fall equal to that of 2018, the global capitalization would have to go down a lot, and Bitcoin would have to go down to about $ 11,000, that would be a loss of 83% compared to its last ATH, which is the same percentage that was lost in 2018. Fortunately we are quite far from those amounts, despite the fact that many think that this is the end, the market is much better than in 2018.

even if that event will be the same as in 2018 it should start from the beginning of the year it will happen, but in early 2021, bitcoin even reaches its renewable ATH several times. so this is clearly one of the differences.


the current decline from the start of forming renewable ATH is only -48% and nothing more than when 2018 occurred, and never once for bitcoin has been able to increase, but currently bitcoin is even able to stay at a stable price for quite a while and is trying to keep rising again.

[Seerge]

The value of Cryptocurrencies is changing very quickly, making some people fear that the events of 2018 will repeat itself. But for me that event has passed, Cryptocurrency Now with that time is very much different.  Now it is more developed, and advanced. There have been so many big investors who have entered here, so I don't think the events of 2018 will happen again.