Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: TomPluz on December 05, 2020, 04:20:53 AM
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We are right now experiencing a bull run for Bitcoin and soon the price of the coin can reach beyond the important psychological barrier -- the $20K zone!
But I am wondering: Will there be a winter after that, just like what happened in 2018? That can be possible. However, there are now many things different today than in 2017. And the most significant with that is the coming in of PayPal and many institutional funds into our coin.
Will those be enough to kick the winter out of the picture in 2021?
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Bitcoin is not hampered by various seasons around the world because Bitcoin is a digital asset, not a real asset that every trade requires logistics that is hampered by rain or storm.
But if the OP says that the year 2021 will increase, it is likely because the price of Bitcoin is predicting that 2021 will reach a new All Time High. Hopefully that's our best hope.
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Will those be enough to kick the winter out of the picture in 2021?
Crypto is volatile, you can't guess it.
I have an opinion that the price of bitcoin will be stable until the end of 2021. This cannot be confirmed yet, only a few predictions from my analysis.
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The current price of Bitcoin is a bit lower. Currently, prices have started to fall. The number of investors in the market is constantly increasing. But I think the price of Bitcoin is in the right position right now. The future of Bitcoin is very bright.
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Will those be enough to kick the winter out of the picture in 2021?
Crypto is volatile, you can't guess it.
I have an opinion that the price of bitcoin will be stable until the end of 2021. This cannot be confirmed yet, only a few predictions from my analysis.
Agree with you, the crypto market is characterized by huge volatility and manipulation by whales, so predicting the market situation over the next 1 month is also very difficult. 1 year is too long time to predict anything.
However, in my opinion, BTC's growth in 2020 is more sustainable than in 2017, while BTC still has the same momentum from mid-year halving, so it can be said that the current situation of BTC is similar the end of 2016, not 2017. For that reason, I also think that BTC will continue to grow well in 2021 instead of entering the next winter.
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As such, we will not see a strong crypto winter,many people already trust the cryptorink and the situation here is better than in previous years, I think the maximum correction is up to 15,000!
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No, mate. Bitcoin is still in a bullish trend. Bitcoin price still has a chance to increase more. We don't need to worry about the price dropping severely. There are many predictions that the price of Bitcoin will be pumped very soon. Even in the next year, many predicted if we will have Bullrun.
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We have seen that the price of Bitcoin in 2017 has exceeded that of 2020. But from that we have seen that many rules are different. I didn't really understand the winter you were talking about. Finally I would say that the price of Bitcoin will pump big in 2021.
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The Bitcoin price is better than before. The price goes up and down But the trend is still upstairs. Everyone knows that Bitcoin is the king of digital currency. Investment in it is growing rapidly And hopefully, it will cross twenty thousand dollars.
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Now the situation on the cryptocurrency market is very different from what it was at the end of 2017. There are several positive factors for the further growth of the cryptocurrency market. Apparently, we will observe a rise in prices over a longer period of the next year. However, this rise will be accompanied by periods of sudden price corrections. That is, approximately the same thing will happen as has been happening for the last two months. This is a very good time for traders to make a profit.
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Now the situation on the cryptocurrency market is very different from what it was at the end of 2017. There are several positive factors for the further growth of the cryptocurrency market. Apparently, we will observe a rise in prices over a longer period of the next year. However, this rise will be accompanied by periods of sudden price corrections. That is, approximately the same thing will happen as has been happening for the last two months. This is a very good time for traders to make a profit.
Currently the price continues to rise and over the next few days it will inevitably exceed $ 20,000 and investors will be happy that their returns will continue to increase rapidly in the near term. I think you will have a warmer winter as prices keep going up
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I think that bitcoin can break through the psychological mark of 20k even before the New Year holidays, since it returns its positions, but even if this does not happen (for the holidays everyone needs a rest), even cryptocurrency number 1) Then after that there will definitely be growth and I am sure that we will see new ones price records, already in the new coming year.
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Bitcoin is not hampered by various seasons around the world because Bitcoin is a digital asset, not a real asset that every trade requires logistics that is hampered by rain or storm.
But if the OP says that the year 2021 will increase, it is likely because the price of Bitcoin is predicting that 2021 will reach a new All Time High. Hopefully that's our best hope.
I think the price of bitcoin will start to rise again and possibly surpass the $ 20,000 mark in the next few days and possibly break records in 2020. I feel investors will be excited when the price of bitcoin is rising and promising. will grow even stronger next year. At the same time, there are always new coins that will drive more and more cryptocurrencies in the future
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I think that bitcoin can break through the psychological mark of 20k even before the New Year holidays, since it returns its positions, but even if this does not happen (for the holidays everyone needs a rest), even cryptocurrency number 1) Then after that there will definitely be growth and I am sure that we will see new ones price records, already in the new coming year.
What you say is should true, the price of bitcoin can break the $ 20000 resistance area, because when Christmas arrives the whales will be on vacation and this indicates the price of bitcoin will be correction at that time.
the determination is one week starting from today, whether bitcoin can break the $ 20000 resistance area or it can't and correction deeper because it has failed several times.
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No one can say anything everything depends on the buyers and sellers. No one can guess what will happen next in the market. Crypto market is very volatile and anything can happen anytime. Be ready for every situation.
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Coming to the end of 2020. Now the bitcoin price is above 19 thousand dollars. The price of Bitcoin will be 20,000 20,000 this year. And what we will see in 2021 is that the price of Bitcoin will exceed 25 thousand dollars. Currently the cryptocurrency situation is much better.
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Bitcoin is better than the current Howrah. It is expected to be good in the future. So I guess Bitcoin doesn’t have a winter.
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Today we are witnessing a serious battle between buyers and sellers for the 19200 level! I think if this week we gain a foothold above this level, we can be sure of growth to new peaks in December-January! If it is lower, most likely sellers will push again and we will go to 17000, but this will not mean crypto winter!
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Winter? Do you mean "bearish"?
I don't see it will happen in the near future. It seems positive trends in crypto to continue till the next year. There is some good news and if we analyze the previous halving, it should continue to increase after 1 year of halving. So, there is a reason for the bullish trend to last longer till the next year. Let's hope it really happens, all crypto holders, especially Bitcoin holders, should support the longer time in bullish days.
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Now the process of realizing the impact of the economic crisis and bitcoin halving on the market has just begun, which should last at least until the middle of next year. In this case, it is always very difficult to predict something, but nevertheless it is too early to talk about a bearish tendency.
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Brother made a great post. In fact, the price of Bitcoin increased a lot in 2017 and the price of Bitcoin went down a lot in 2018. But during the winter of 2020 this bitcoin has started to grow again. And the market is also doing well. It is expected that the most valuable coin in the cryptocurrency world, Bitcoin, will increase in the future, so the price of Bitcoin is increasing this winter.
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Coming to the end of 2020. Now the bitcoin price is above 19 thousand dollars. The price of Bitcoin will be 20,000 20,000 this year. And what we will see in 2021 is that the price of Bitcoin will exceed 25 thousand dollars. Currently the cryptocurrency situation is much better.
so we have had a warm winter when Bitcoin is still above $ 19,000 and still increasing I believe it will increase even more in the future.
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We are right now experiencing a bull run for Bitcoin and soon the price of the coin can reach beyond the important psychological barrier -- the $20K zone!
But I am wondering: Will there be a winter after that, just like what happened in 2018? That can be possible. However, there are now many things different today than in 2017. And the most significant with that is the coming in of PayPal and many institutional funds into our coin.
Will those be enough to kick the winter out of the picture in 2021?
I believe it will increase in price stronger in the future but the current bitcoin price is very high for me it makes me hesitant and unable to invest for the time being I will invest in the newly launched ALTcoin because I believe they will increase in the current period
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Yes .. I am very optimistic that the previous winter conditions will not happen next year. This is based on the fact that Bitcoin's rate is unstoppable. And with more and more support from companies, Bitcoin in 2021 is still around and getting stronger ...
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Some time ago, the Bitcoin price had soared to touch the $ 19k mark. But it got down again, and maybe it's moving up again. I believe this is a good thing and keep an eye on the amazing Bitcoin developments.
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While the buyers are very strong and think about serious failures in the crypto market, it is certainly not worth it, the maximum drawdown is 10-15% in the form of a correction, we are waiting for further growth in the coming months!
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While the buyers are very strong and think about serious failures in the crypto market, it is certainly not worth it, the maximum drawdown is 10-15% in the form of a correction, we are waiting for further growth in the coming months!
usually the correction will occur at the beginning of the year like what happened at the end of 2017 so it is only natural that bitcoin will experience price correction again because it has happened before.
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I believe that at the beginning of 2021 there will be a correction of the entire cryptocurrency market and the price of bitcoin will fall very much, and when the correction will end, the growth of the entire cryptocurrency market will begin again and bitcoin will begin to reach new heights, I think in 2021 Bitcoin will reach 30k$ minimum.
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Bitcoin has already crossed $23,000. Bitcoin has broken their old record. The amount of bitcoin that has increased its price in one day, everyone is now looking at Bitcoin in amazement. It proved once again that cryptocurrency can do everything. Because one day this pumped four thousand dollars. Which no one believed. If it continues like this, Bitcoin will reach their destination one day.
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We really can predict it exactly because the market changes so easily and usually. We can see how the Bitcoin price is increasing very highly and than the other altcoins are also following. Some are done for following your turn. But not for here, Bitcoin winter may come soon, but I will be always different,.
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No, mate. Bitcoin is still in a bullish trend. Bitcoin price still has a chance to increase more. We don't need to worry about the price dropping severely. There are many predictions that the price of Bitcoin will be pumped very soon. Even in the next year, many predicted if we will have Bullrun.
Yes brother you are right. We have no reason to worry about Bitcoin. Because the price of Bitcoin will be a big pump. IM would say Bitcoin will go into a big market. I think those who held and invested in Bitcoin will have a much better future and will have time
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Not for the time being, we seem to have just come out of winter, and now the price of Bitcoin is 23,000 USD, and more and more institutions are entering the market. I think Bitcoin is entering a bull market.
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Apparently, winter in the cryptocurrency market began at the end of 2018 and lasted until the beginning of 2020. Today we are definitely in a very good mood for the cryptocurrency market. Today there are all the prerequisites for very phenomenal forecasts regarding the near-term prospects of the most rated cryptocurrencies.
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Each year in cryptocurrency is special in its own way. The situation on the cryptocurrency market this year is much better than it was at the end of 2017. Therefore, in general, next year should also be successful for cryptocurrency market participants. Next year, Bitcoin should show to what price heights it can rise. Against this background, we also expect a long altcoin season. Next year should also be marked by large price spikes. The volatility of the cryptocurrency must be very high and therefore it will also be good for cryptocurrency trading.
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I believe that the price of Bitcoin has increased at a rate that the future of Bitcoin is much better. The way Bitcoin's price has risen may be due to the fact that a lot of investors have entered into it, which has led to the rise in Bitcoin's price. I believe winter will not touch bitcoin.
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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
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I think as long as bitcoin can still be used by many people wherever they are and in any situation, it will still make bitcoin have price movements on the exchange because of the interaction between buyers and sellers.
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I expect it to be $ 40,000, I don't know why. I'm just locked on this number. the market is good. people have faith in ascension. everybody is happy. why should winter come?
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We are right now experiencing a bull run for Bitcoin and soon the price of the coin can reach beyond the important psychological barrier -- the $20K zone!
But I am wondering: Will there be a winter after that, just like what happened in 2018? That can be possible. However, there are now many things different today than in 2017. And the most significant with that is the coming in of PayPal and many institutional funds into our coin.
Will those be enough to kick the winter out of the picture in 2021?
Winter is common in crypto due to volatility 2021 is a great year for Bitcoin it even reach $30,000+ so we have to expect also the lowest drop this year but we don't know when. Institutional investors are hoarding Bitcoins maybe they are preparing for something in the future. Price could possibly reach $50,000 by end of the year we'll never know.
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The Bitcoin market is very much influenced by the good news which includes the entry of various investors.
There is no need to see winter, summer or rainy season because once every 4 years this Bitcoin price increases so fast.
That way only good news from investors can kick any cryptocurrency market up.
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That rapid rally will eventually give way to a deep, deep correction though, I have no doubt about it.
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The healthiest thing for Bitcoin would be that both the rises and falls were not as dramatic, so the growth would be organic even if it was slower, but in general it would be much better from my point of view. I think when it goes down it will do it very quickly, we will see if I am wrong or not.
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the engagement of big institution like paypal have push the price really amazing but could that push sustain the market? well, let's find out more in the comings months. for now, let's all savor the taste of bull run and get all we can to increase our funds. I'm just hoping it will last for some more months so we could all have a good time in this bull season.
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Winter is indeed very feared by all cryptocurrency traders because at that time it is a reduction in the price of all cryptocurrencies.
I can not predict correctly but the OP is also right if you look at 2018 it is very bearish.
Maybe it would be better now to save my Fiat to be able to buy more altcois in 2022 if later things are exactly the same as in 2018.
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I expect it to be $ 40,000, I don't know why. I'm just locked on this number. the market is good. people have faith in ascension. everybody is happy. why should winter come?
40K USD, I has passed mate. But bitcoin is going down again because of correction. I see bitcoin is struggling now. I hope bitcoin will increase in again, As many people has predicted bitcoin will touch ATH again.
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Once the correction ends it will surely start rallying again.
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Bitcoin at the end of the year showed incredible growth, so we should expect a correction in the near future. If the price holds at 30K-32K $$ now, the growth might continue, but if not, the bitcoin will go down.
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We are right now experiencing a bull run for Bitcoin and soon the price of the coin can reach beyond the important psychological barrier -- the $20K zone!
But I am wondering: Will there be a winter after that, just like what happened in 2018? That can be possible. However, there are now many things different today than in 2017. And the most significant with that is the coming in of PayPal and many institutional funds into our coin.
Will those be enough to kick the winter out of the picture in 2021?
To always be over 20K I think it's too easy. Even though at the moment the price has dropped again, I am sure that it will still be able to survive and go back up, because the current condition of bitcoin is very strong because there is more support from strong institutions
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Currently bitcoin price has very low. Last night bitcoin price has stand under the 30k$. This is very shock able news for every bitcoin investor. Because many members are not their bitcoin convert to USD when bitcoin price had Over than 40k $. They ware analysis that bitcoin also going on 50k$. But now bitcoin price has under the 30k$.
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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.
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After every winter comes spring and this is cyclical. Bitcoin's spring ended and started correction in the last couple of days. Still Bitcoin is staying at safe zone and nothing to be worried. It has strong support zone at $28k and up resistance level is $36k.
(https://i.imgur.com/lEdnj7h.jpg)
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Bitcoin has doubled it's price and even got to 40k USD and some people predicted bitcoin to reach 50k USD because of its fast increase in price but we should all know that the market is volatile and won't just keep rising, currently now i think bitcoin is doing a correction in price and the price is going down there is no need to panic because no doubt the price will rise again.
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Once the correction ends it will surely start rallying again.
Can you explain what the reason is for you to say that. Is there a concrete analysis of it? Or is it just because of past experiences or is it just your prediction? Because what I know in Cryptho nothing is certain. All very dynamic.
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anything can happen in cryptocurrency, many things can happen bitcoin can go down at any time if many sell it in large quantities then the possibility of going down will be much faster now bitcoin is also affected by the holder, therefore if many hold it the price will likely be far more increased.
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Indeed, in my opinion the name Bitcoin is more easily recognized by the public than its crypto counterpart. Ordinary people are more familiar with digital currency as Bitcoin. Because Bitcoin is what started crypto.
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Yes, but do you think there will be a crypto winter?
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Perhaps I will adhere to the opinion that most specialists in the cryptocurrency market, that the bitcoin rate will consistently update historical highs up to $ 500,000 and above. Of course, all this will not happen in one year, and throughout the entire period there will be falls, which will in any case end with a stable growth in the Bitcoin exchange rate.
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The price of Bitcoin is determined based on the number of Bitcoin sales. It is common to see the cryptocurrency market optimized. The price of Bitcoin has not changed much for some time. As in winter, everyone stops. Bitcoin prices have also come to a standstill
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I know Bitcoin has never been hampered by various seasons around the world because Bitcoin is a digital asset, not a real asset that every trade requires logistics that is hampered by rain or storms.
is it possible that bitcoin will increase in 2021, because the Bitcoin price predicts 2021 will reach a new All Time High.
but back to ourselves
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Commonly, winter Bitcoin will happen because they are really already done for the Bitcoin bullish.
I don't know where the rime and time. But of com[ared to altcoins, sometimes BTC has improved its trading volume and reach the good bullish time and its breakout the time
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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.
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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.
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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! :D
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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
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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
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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! :D
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.
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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! :D
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
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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.
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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.
The correction will accompany the growth of the bitcoin price regularly. For bitcoin, such corrections are normal, but they should not be confused with a deep correction, when the price of bitcoin can fall by 50-60%. Many people are waiting for such a correction to buy bitcoin at a low price.
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Bitcoin winter soon looks like it's starting to run. I have noticed that the price of Bitcoin continues to soar and is indeed increasingly being sought. I am sure this increase can take quite a while.
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Guys, I'm sorry, but I think I'm going to ask you a very stupid question. What meaning did you put into expressing Bitcoin winter? What does this expression mean in the cryptocurrency market and for every cryptocurrency user?
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I don't think this epidemic has had a bad effect on the Bitcoin market. The price of Bitcoin but steel was at the time of this Coronation.Even now, the price of bitcoin is in a much better position. I hope that the price of bitcoin will be in a better position in the future.
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The correction will accompany the growth of the bitcoin price regularly.
Indeed. There will be always a correction, it happens after a pump or an increase in Bitcoin price. There is nothing wrong with the correction, it is normal since it is how the crypto market works. We just need to take advantage of the correction besides take advantage of a pump. Buying in a correction is very effective to gain faster profits.
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The correction will accompany the growth of the bitcoin price regularly.
Indeed. There will be always a correction, it happens after a pump or an increase in Bitcoin price. There is nothing wrong with the correction, it is normal since it is how the crypto market works. We just need to take advantage of the correction besides take advantage of a pump. Buying in a correction is very effective to gain faster profits.
Yes I think the correction always happen at bitcoin and crypto currency. That's normal. After correction we will see the bullish. I think bitcoin will have several corrections before touch new ATH. Hopefully it will continue till the next year
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I think Bitcoin has been in a very hot time for some time now. Bitcoin is in a neutral position at the moment. Because the price of Bitcoin is not increasing as much as it used to Dumping is not happening again. So all in all, I think Bitcoin is in a state of neutrality.
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Everything can change at any time because changes in the price of Bitcoin are very volatile.
Maybe now a lot of big companies are buying Bitcoin but when Bitcoin is experiencing Bearish they also don't want to lose.
Maybe they will be at Stop Lose to reduce the losses and make everyone panic resulting in a sad Bearish market. Who knows ?
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Everything can change at any time because changes in the price of Bitcoin are very volatile.
Maybe now a lot of big companies are buying Bitcoin but when Bitcoin is experiencing Bearish they also don't want to lose.
Maybe they will be at Stop Lose to reduce the losses and make everyone panic resulting in a sad Bearish market. Who knows ?
The fact is that I read the statements of some economic experts who spoke very positively about the cryptocurrency market. The fact is that large companies did not buy Bitcoin in order to subsequently sell it profitably, but they will accumulate this capital, which will increase its value in the future. At the same time, the holders of large investment portfolios will not allow the price of their asset to collapse, and will feed Bitcoin with their own funds, increasing its capitalization. As soon as the capitalization increases at least 10 times, the Bitcoin price will become more stable.
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The current price of Bitcoin is much higher in cryptocurrency. As the price of Bitcoin has risen, so has the price of all other coins. And the likelihood of further increase in the future is much higher.
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We are right now experiencing a bull run for Bitcoin and soon the price of the coin can reach beyond the important psychological barrier -- the $20K zone!
But I am wondering: Will there be a winter after that, just like what happened in 2018? That can be possible. However, there are now many things different today than in 2017. And the most significant with that is the coming in of PayPal and many institutional funds into our coin.
Will those be enough to kick the winter out of the picture in 2021?
As at the time this post was made, the price of bitcoin was yet to break the brim of the 20k mark, and now, the price has gone x2 of that price mark.
With the investment of some institutional bodies having invested into the crypto currency market, there has been some very good significant increase in the price of bitcoin, and with the hug investment made by Elon Musk into the system made the popularity of the crypto industry go viral and people are now pushing to get into the crypto currency. Though the price of bitcoin is not controlled by no body, but with the presence of these new investors, the rate at which the price of bitcoin correction will go, won't be as that of 2018. Price correction is inevitable in crypto currency, no matter who is involved.
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Soon the Bitcoin season is start and that time the BTC is on the sky becasue still the Bitcoin is in a low price and we know that 1 BTC soon cross the $10 million price and that time the BTC is legal in all over the world.
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Honestly it will depends the culture of a place which is be center of winter soon can bitcoin affected and I think in other countries like asian will not reflect the bitcoin wiinter soon but in europe countries there is a sign bitcoin winter soon season happened.
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Soon the Bitcoin season is start and that time the BTC is on the sky becasue still the Bitcoin is in a low price and we know that 1 BTC soon cross the $10 million price and that time the BTC is legal in all over the world.
Bitcoin price of ten million dollars, in my opinion, is too high. I think that bitcoin, most likely, will not reach even one million. This can happen with a very fortunate combination of circumstances and the corresponding positive attitude of states. However, the states are unlikely to allow such a high price of bitcoin, because the cryptocurrency will then strongly influence the global financial system.
In addition, the higher the price of bitcoin rises, the more the risk of its sudden fall will grow due to the fear of its holders. Therefore, it is unlikely that we will continue to see such a rapid price increase in bitcoin. Of course, all this is very difficult to predict. Let's see what happens in practice.
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We are right now experiencing a bull run for Bitcoin and soon the price of the coin can reach beyond the important psychological barrier -- the $20K zone!
But I am wondering: Will there be a winter after that, just like what happened in 2018? That can be possible. However, there are now many things different today than in 2017. And the most significant with that is the coming in of PayPal and many institutional funds into our coin.
Will those be enough to kick the winter out of the picture in 2021?
I guess back in 2020 $20k was like we have reach that top again and imagining that we could top $60k in 2021 now would have also been an imaginary thing, but here we are with Bitcoin traded above $60k and there is still more speculation that it could reach a $100k within the year. It could actually be that all the institutional money contributed to this higher price.
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Lately the Bitcoin price has continued to increase, and it looks like this increase in Bitcoin price is not affected by winter or summer. The main factor is the entry of large investors in Bitcoin and large companies that adopt Bitcoin. But also remember, Bitcoin and Crypto have fluctuating prices, so don't be complacent about this increase. Stay careful and alert if the Bitcoin price suddenly dumps.
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Lately the Bitcoin price has continued to increase, and it looks like this increase in Bitcoin price is not affected by winter or summer. The main factor is the entry of large investors in Bitcoin and large companies that adopt Bitcoin. But also remember, Bitcoin and Crypto have fluctuating prices, so don't be complacent about this increase. Stay careful and alert if the Bitcoin price suddenly dumps.
It seems you are misunderstanding the above topic.
I explained that what the OP said was not winter like in the real world but winter was meant the bearish season.
In Q2, it is a bit worrying that all prices suddenly drop.
Don't know what caused all the coins to drop in price, but I hope this is only temporary.
I am sure that after the correction all coins will definitely go back up again