Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Lutera94 on January 08, 2021, 08:09:54 PM
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Bitcoin price today touched 40k$ Mark & continue to growing but can we see Again big dump like 2017?
I think NO, because.....
in 2017 , most of the investors were retail investors like me or this forum community peoples but this time big investment company like Grayscale, Microstrategy , JP Morgan, Paypal & Big investors like Paul Truder Jones, Michael Sayilor are in the game.
that means they will not sell their btc rather they will buy more.
So that we can't see big dump like 2017 & btc will be going to higher day by day.
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we can't guarantee that history will not repeat. you see this is crypto world and everything is possible. hopefully, it won't fall that much but for sure a correction will take place after a drastic price increase. I am hoping it won't fall that much nevertheless we should continue to monitor the.market movement and convert immediately our holdings to stable coins if something went wrong.
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we can't guarantee that history will not repeat. you see this is crypto world and everything is possible. hopefully, it won't fall that much but for sure a correction will take place after a drastic price increase. I am hoping it won't fall that much nevertheless we should continue to monitor the.market movement and convert immediately our holdings to stable coins if something went wrong.
Yes you are right, we cannot guarantee that history will not repeat. Because everything can be happen at crypto world. I think we must be careful, because Investing in crypto is when to buy and when to sell. If you have the right time, you will be successful
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Bitcoin price today touched 40k$ Mark & continue to growing but can we see Again big dump like 2017?
I think NO, because.....
in 2017 , most of the investors were retail investors like me or this forum community peoples but this time big investment company like Grayscale, Microstrategy , JP Morgan, Paypal & Big investors like Paul Truder Jones, Michael Sayilor are in the game.
that means they will not sell their btc rather they will buy more.
So that we can't see big dump like 2017 & btc will be going to higher day by day.
I agree with your statement. The current condition is very different from 2017. Many things have changed which has made bitcoin stronger and more stable. My prediction is also the same that it will be difficult to return to the dump, although price corrections to the decline will still occur
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You are absolutely right. Bitcoin has large number of crash in the years of 2017 to2018. Bitcoin has take very lowest price. It's priced had 3.5k$. But now bitcoin is very good.
Last moment of 2020 to present time bitcoin also growing record number of bitcoin price. Last night bitcoin priced had 40k$. I think this is just amazing.
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~ that means they will not sell their btc rather they will buy more.
They will sell eventually but not at these current prices. With all the money at their disposal, there's still a limit as to how much they can buy. They will have to offload at a later date to keep their company liquid - they're into business and just mere hoarders. As of now, they're just happy buying from retail traders. My hunch is that they will wait until BTC reaches six digits. Once they start selling, the market could correct up to more or less 40% (just my guess).
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we can't guarantee that history will not repeat. you see this is crypto world and everything is possible. hopefully, it won't fall that much but for sure a correction will take place after a drastic price increase. I am hoping it won't fall that much nevertheless we should continue to monitor the.market movement and convert immediately our holdings to stable coins if something went wrong.
We won't guarantee but this is not technically fully possible to collapse from this point like 2017-2018. I believe market will go on correction mode very soon but this doesn't mean it will down to $10k again rather it can go under 20-25k level which is possible. We hope market won't fall like a destruction happened 2017-2018.
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Institutional investors also don't buy bitcoin for collection. They run their own business and they probably do it for a profitable sale. However, I agree that after the peak price, Bitcoin should not fall as deeply by 70 percent of its price as it did in 2018. Now the situation compares favorably with 2018. The world is still on the brink of a global economic crisis, and therefore the cryptocurrency market will constantly have its investors.
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Bitcoin price today touched 40k$ Mark & continue to growing but can we see Again big dump like 2017?
I think NO, because.....
in 2017 , most of the investors were retail investors like me or this forum community peoples but this time big investment company like Grayscale, Microstrategy , JP Morgan, Paypal & Big investors like Paul Truder Jones, Michael Sayilor are in the game.
that means they will not sell their btc rather they will buy more.
So that we can't see big dump like 2017 & btc will be going to higher day by day.
The bull run in 2017 was controlled by whales that were able to pump and dump the price of bitcoin anytime they felt like, and your right this time there are large investors who invested into bitcoin also the mass adoption of bitcoin with the help of PayPal has helped to increase bitcoins popularity, but just because those large investors invested in bitcoin doesn't mean the price of bitcoin cannot dump, don't forget the market can not always go up this is the bull run we have all been waiting for, so let's enjoy it and make profits while it last cause the bear days are gonna come soon.
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This is really not the stage of investing in bitcoin for the future because bitcoin is so expensive it could cost you a lot of money if you invest heavily in bitcoin right now. Let's wait as bitcoin will forever be the king of cryptocurrencies
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If it is said that bitcoin cannot fall, it cannot be dangerous to investors because the future is not foreseen and whether they will sell their coins or not, they will not inform us immediately. Bitcoin is a bet and is usually risky
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Thanks to large companies, we believe more and more in bitcoin bitcoin is demonstrating its position and no altcoin can surpass it. The future is more open for investors
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You might correct with your opinion yet the only thing I can say is we just have the information they provided us in public but not their strategy on how they work it in secret. That is why we can also think that even bitcoin will dump doesn't give us concrete information that they lose big in the game.
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I believe it can be 20k or 25k in the coming time as investors take profits and their sharks commune. While big companies won't sell their coins. But we can't be sure when they'll sell it. Bitcoin is a bet and is usually risky
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Yes, thanks to big companies, bitcoin has had such high value recently. We should bet the future on bitcoin to increase our value and assets. Believe in bitcoin
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For me, bitcoin is worth the equivalent of the developed world average of 1 year income. It is a dream for many people because betting on bitcoin has very little risk
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Bitcoin can slide any time no matter someone is pumping money into it because the value of bitcoin is so great. Bitcoin's future is opening a new page and it can slide and mark its highest point and return to its true value.
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Bitcoin price today touched 40k$ Mark & continue to growing but can we see Again big dump like 2017?
I think NO, because.....
in 2017 , most of the investors were retail investors like me or this forum community peoples but this time big investment company like Grayscale, Microstrategy , JP Morgan, Paypal & Big investors like Paul Truder Jones, Michael Sayilor are in the game.
that means they will not sell their btc rather they will buy more.
So that we can't see big dump like 2017 & btc will be going to higher day by day.
The bull run in 2017 was controlled by whales that were able to pump and dump the price of bitcoin anytime they felt like, and your right this time there are large investors who invested into bitcoin also the mass adoption of bitcoin with the help of PayPal has helped to increase bitcoins popularity, but just because those large investors invested in bitcoin doesn't mean the price of bitcoin cannot dump, don't forget the market can not always go up this is the bull run we have all been waiting for, so let's enjoy it and make profits while it last cause the bear days are gonna come soon.
That’s right. It is not a bad strategy, for long term investors, to keep some cash now and invest after crash again. Just like in March 2020 or April and December 2018.
But don't confuse a crash with a healthy correction. 10% is not crash.
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Don't sell to these institutions too cheap, that's what I'm thinking. There is a liquidity crisis and it's ok if it's not resolved. Institutions and their millions will have to pay hefty premiums to buy these coins now, it's not a problem. Anyone who wants to invest billions will have to wait until 6 figure BTC, simple.
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A bit of 2017/18 decline in bitcoin will now be seen, big companies have started investing in bitcoin and the price has reached $40K. Obviously, anyone who buys at this rate will not want to sell at a lower rate.
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Yes, thanks to big companies, bitcoin has had such high value recently. We should bet the future on bitcoin to increase our value and assets. Believe in bitcoin
Exactly, we need to believe in bitcoin . Lots of mega company & big investor are joining in bitcoin party.i think they are not wrong. So bitcoin price will be up & we can take advantage early as much as possible. Thanks
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No one can guarantee that Bitcoin will not fall because BTC suddenly falls in 2017 when its price reaches $20k and this time the prediction is $200k, so there is a huge chance that it will be fall back.
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Because a very bad nightmare should not happen twice hahaha
But I am also sure that it will not be down very deep as in 2017. The ATH is now twice than previous ATH. And if the percentage of the down is like the same, so, it may fall into $10k? Wow, so drastic, hopefully, it will not happen
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Bitcoin prices are rising day by day. Bitcoin is going to increase gradually as the days go by. At present the price of Bitcoin is more than 41 thousand dollars. Bitcoin went a long way in 2017 but then made a big dump. I don't think there will be any such big dumping this time. Because now everyone wants to hold bitcoin. But in 2017, no one held bitcoin, everyone sold it at a profit, which led to a big dumping.
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Bitcoin prices are rising day by day. Bitcoin is going to increase gradually as the days go by. At present the price of Bitcoin is more than 41 thousand dollars. Bitcoin went a long way in 2017 but then made a big dump. I don't think there will be any such big dumping this time. Because now everyone wants to hold bitcoin. But in 2017, no one held bitcoin, everyone sold it at a profit, which led to a big dumping.
You are right at 2017 every one have sold bitcoin, they has sold fastly while profit, No one want to hold. It is different with this year. Every one want to hold bitcoin because they believed bitcoin will rise and more valuable at the coming future
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Bitcoin patterns since it was introduced goes up and down which is a normal cycle for an investment. Like in the stocks market that even you invest in the blue chips but still it will not guarantee that you will not lost your investment. So for me, everything is possible to Bitcoin specially if the others would like to sell already because they have already gained big.
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Bitcoin price today touched 40k$ Mark & continue to growing but can we see Again big dump like 2017?
I think NO, because.....
in 2017 , most of the investors were retail investors like me or this forum community peoples but this time big investment company like Grayscale, Microstrategy , JP Morgan, Paypal & Big investors like Paul Truder Jones, Michael Sayilor are in the game.
that means they will not sell their btc rather they will buy more.
So that we can't see big dump like 2017 & btc will be going to higher day by day.
I think there are several prediction about it. Many people have said bitcoin will not fall like 2017 because many investors want to hold their bitcoin, not to sell.
I also read many people said, bitcoin will fall because crypto currency is volatile.
Let's see mate.
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Because currently Bitcoin users are smarter, the number of Bitcoin is limited and there are many fans. So that surely the price will be more stable with the continuing increase.
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Bitcoin price today touched 40k$ Mark & continue to growing but can we see Again big dump like 2017?
I think NO, because.....
in 2017 , most of the investors were retail investors like me or this forum community peoples but this time big investment company like Grayscale, Microstrategy , JP Morgan, Paypal & Big investors like Paul Truder Jones, Michael Sayilor are in the game.
that means they will not sell their btc rather they will buy more.
So that we can't see big dump like 2017 & btc will be going to higher day by day.
I think there are several prediction about it. Many people have said bitcoin will not fall like 2017 because many investors want to hold their bitcoin, not to sell.
I also read many people said, bitcoin will fall because crypto currency is volatile.
Let's see mate.
I agree with people have said many investors have holded their bitcoin now and don't want to sell because they believed bitcoin will be more valuable at the coming future. I think They are right mate. Bitcoin has potential to be.
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Well from all the predictions of price up and price dump I have read, some analysts believe btc will come down to 20k before going back up, if this is what will happen then i don't think btc will be like that of 2017, although 40k down to 20k will be 50% down, it is huge but not close what what happened in 2017.
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Yes Bitcoin has a price of 40,000. But went further up. I think the price of Bitcoin that pumped in 2017 is now pumping. But big investors have been investing for a long time.
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we can't guarantee that history will not repeat. you see this is crypto world and everything is possible. hopefully, it won't fall that much but for sure a correction will take place after a drastic price increase. I am hoping it won't fall that much nevertheless we should continue to monitor the.market movement and convert immediately our holdings to stable coins if something went wrong.
I totally agree. Nothing is stable in cryptocurrency market everything might change in just a second. That is where investors fail and succeed depending on howthey manage to deal with the changes all we can do is hope and prepare for something we don't expect.
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Bitcoin Price If we try to think of 2017 a little bit, we can see that the price of Bitcoin at that time was just above 20k dollars. But currently the price of Bitcoin was well above 42k$ dollars. At present the price of Bitcoin has come down a bit and now it is 36600 dollars.
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Bitcoin Price If we try to think of 2017 a little bit, we can see that the price of Bitcoin at that time was just above 20k dollars. But currently the price of Bitcoin was well above 42k$ dollars. At present the price of Bitcoin has come down a bit and now it is 36600 dollars.
Bitcoin reaction seems fishy now and it will be a huge risk for those who wanted to invest in the BTC in current price because what if the Bitcoin follows the 2017 fall down road?
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I think that if there is a correction, it will go along with the correction in the stock market. Then investors will run to drain it all for $16,000- $18,000. Then speculators will buy it out again and at some point will drive the price up.
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Because now there are more and more enthusiasts of Bitcoin. Bitcoin is increasingly being sought so that its value is getting higher. And it will continue to increase, it will not decrease drastically.
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You are absolutely right. There are many differences between 2021 and 2017 Bitcoin. In 2017, Bitcoin's market was down a lot. But in 2021, the value of Bitcoin will increase the most. And as much as Bitcoin has set new records, so has all this in 2021. So there are a lot of differences between 2021 and 2017.
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I don’t want Bitcoin to go back to 2018 again. Hopefully the booting situation is going to be even more great. I didn’t think Bitcoin was being able to gain popularity worldwide at the time. Then the demand for transactions and the existence of human trust is increasing. High bitcoin will go further in the days ahead. However, if the price of Bitcoin goes down, the market will remain normal.
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Personally, I do think we will see a significant drop sooner or later. It may not be as shocking as in 2017 but there has to be some correction.
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Currently, the Bitcoin market is moving ahead of all past record records.It is now seen that the Bitcoin market is now in a disciplined position with PayPal hopes and Elon Musk support. Bitcoin is the king of cryptocurrencies. Whose position is first. Currently cryptocurrencies in almost all developed countries Or approved virtual currency. We expect the Bitcoin market to reach লাখ 1 million in the future.
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The btc market price will keep improving with excellent records never experienced since crypto history. I must say that the crypto atmosphere has drastically change this year, and 2017 market trends can't be compared to the market trends in 2021. We are seeing new pattern of things and it may keep developing on this positive trends in 2011. I just hope it gonna be a "2021" ALL TIME BULL MARKET with few dips and corrections.
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It is true that Bitcoin cannot dump like in 2017/2018 because as the OP has said, large and well-known companies now have bought a lot of Bitcoin.
If only a dump for Bitcoin then all the companies will buy so much and they will definitely benefit from buying Bitcoin today and in the future there will be a profit.
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The current Bitcoin price is 58 thousand 972 dollars. A few days ago the price of Bitcoin was much lower but now the price of Bitcoin is increasing a lot. The price of Bitcoin has now tripled compared to 2017. And the future is much more likely to grow.
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As we have seen together, the price of Bitcoin continues to increase, even though the president of the USA recently banned the existence of Bitcoin, the price of BTC is still quite good.
2018 was an unforgettable year, there were lots of fraudulent ICO projects and many other things that pushed the Bitcoin price down and the bear market lasted a very long time.
This year I don't think a Bear market will exist, but it's really hard to predict whether it won't because we are in a free market.
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Bitcoin price today touched 40k$ Mark & continue to growing but can we see Again big dump like 2017?
I think NO, because.....
in 2017 , most of the investors were retail investors like me or this forum community peoples but this time big investment company like Grayscale, Microstrategy , JP Morgan, Paypal & Big investors like Paul Truder Jones, Michael Sayilor are in the game.
that means they will not sell their btc rather they will buy more.
So that we can't see big dump like 2017 & btc will be going to higher day by day.
If you look today, you can see that the price of Bitcoin has come down from the 40's. Gave. I think if this trend continues, the number of investors on this bitcoin will increase manifold all over the world. Bitcoin is now a key business tool for some people around the world.
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2018 was an unforgettable year, there were lots of fraudulent ICO projects and many other things that pushed the Bitcoin price down and the bear market lasted a very long time.
In that time, there was too much scam ICO projects and now we have scam DeFi projects. Time's changed , but type of scamming other isn't changed yet, just start with new type of models. So, we need to be aware of those scammers and DYOR first before taking any kind of steps towards investment as it's so much profitalbe , likewaise worst thing ever.
This year I don't think a Bear market will exist, but it's really hard to predict whether it won't because we are in a free market.
None know when it'll be happened and that's why we should be well prepared to not make the same mistakes like before. Thus, we can minimize the risk to keep our portfolio in a good position, IMHO.
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I agree if we won't see the big dump like in 2017, which means the bottom price of Bitcoin in the next bearish should be higher than in 2018/2019. The price of Bitcoin currently is already more than $60K, it is quite far from the ATH in 2017. So, the bottom price in the next bearish may be above $20K. But it is my own prediction, it can be true or wrong. :D
*DWYOR
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Bitcoin is the market running coin and it will not comes down like the last time and i hope this time it touches the 200,000$ soon.
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In my opinion, I do not think that the correction will be withdrawn to 5-6 thousand dollars. It is above 57k now and it can go up to 65-70k from here, and then the correction can come back up to 40k dollars. Because bitcoin is not a money shaped by big investors, but a product of a system. I think the system is playing the way it wants. Let's see if my predictions will hold.
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As we know the exposure and popularity of Bitcoin is now much higher than in 2017-2018. That is a very important element, and so is the amount of money that has entered Bitcoin, but personally I think the most important thing is where that money has come from. The fact that multi-million dollar companies put their money in Bitcoin is a detail to take into account to know the keys to why Bitcoin will not return to where it was in 2017-2018.
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As we know the exposure and popularity of Bitcoin is now much higher than in 2017-2018. That is a very important element, and so is the amount of money that has entered Bitcoin, but personally I think the most important thing is where that money has come from. The fact that multi-million dollar companies put their money in Bitcoin is a detail to take into account to know the keys to why Bitcoin will not return to where it was in 2017-2018.
Pump and dump is normal in crypto currency, But I agree with you. Bitcoin and altcoins are more popular and have high demand now, It is different in with 2017-2018, I don't believe in bitcoin and altcoin will dump more than 2017. Let's see.
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The way the price of bitcoin went down in 2017, I think it will be the opposite in 2021. Because the price of bitcoin has already changed a lot.Bitcoin has continued its upward trend since the beginning of 2021. Hopefully soon Bitcoin will be able to set more new records.
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The price of Bitcoin is only increasing day by day. Maybe sometimes one gets stuck in one place for a while and what moves a little down. But within a few days, it soon changed. In fact, the higher the price of Bitcoin, the higher the number of investors. The number of investors is increasing due to the rise in the price of Bitcoin. There are so many small investors in the cryptocurrency market that they have slowly grown so big that it is surprising to even think about it. In fact, if something is done with patience, then its success can be achieved. This implies that the patience of many small investors in the cryptocurrency market is much greater. Because of this they are successful today.
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Institutional adoption of Bitcoin is the major reason that will ensure the stability of the price this year unlike in 2017 when it dumped massively having attain ATH, TESLA Elon Musk was the latest investor having invested massively in Bitcoin although the price is bound to undergo correction but it won't be as massive as the major correction in 2017 thus investing in Bitcoin now is more reliable and safe.
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Bitcoin is the market running coin and it will not comes down like the last time and i hope this time it touches the 200,000$ soon.
That is going to be a long shot from now even though I believe too that Bitcoin might one day be priced at $200k but I really dont see that now but only to focus on hitting the $100k first and we will commence from there again.
Yes I believe that the 2021 Cryptocurrency market is different from the previous years like 2017/18 and I dont see the market dropping down like those years because of the investors now are different from what we had back then and they will bring change to the market trend.
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We saw this time market is very good. We have not seen a dump this time even today 1 bitcoin price is over $60K. The reason for a good market is big investors approaching you mentioned in your post. Exactly they invested for the long term that's why the market keeps moving. I hope we will not witness again huge bear market.
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I think that there is no need to raise talk that the cryptocurrency market will fall, following the example of 2018. This will definitely not happen, since the cryptocurrency market attracts more and more large capital, including institutional and capital of large companies that are only interested in the growth of the price of their asset.
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I also hope Bitcoin doesn't fall like it did in 2018, although if the price of Bitcoin falls it will affect other coins. Bitcoin investors currently consist of large companies in the world and this is of course very good for the development of Bitcoin prices to continue to increase and higher.
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Maybe because the trend is said to have changed this year, this fall is a little unlikely. Because the current price is also very high. Even if it falls, it is certainly still within a high enough limit.
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We know that bitcoin is one of the best valuable digital crypto in the cryptocurrency market.We also know that cryptocurrency market is alowes depend on pump and dump.So in 2017 we saw the cryptocurrency market position. But gradually it's price will increase day by day.So I believed that 2017/18 or now bitcoin is staying at high position.
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Bitcoin has been passing from 2017 to 2018. Because the price of Bitcoin has gone to the highest level, the price of Bitcoin has never been so high before. Currently the price of Bitcoin has risen as much. The present situation is much better than the past.
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Bitcoin will not dump like it did before. Many cryptocurrency analysts write that bitcoin will grow and grow in value, reaching over $ 100,000. I think that by the end of this year, we will see a higher price than today's military-technical cooperation.
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I will not go down to 3-4 thousand dollars as after 2017, but it will make a solid correction again. For example, what happened last night is obvious. With 1 Twit, there was a drop of more than $ 13k in 1-2 hours. As long as it stays above 52k, the market is fine as it has recovered a bit now. This painful process continues for 1-3 days.
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We know that bitcoin is one of the best valuable digital crypto in the cryptocurrency market.We also know that cryptocurrency market is alowes depend on pump and dump.So. Because the current price is also very high. Even if it falls, it is certainly still within a high enough limit.
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I think the reason is because currently Bitcoin has become the prima donna in the crypto market and also bitcoin is increasingly favored by the public for investment. so it will be difficult for bitcoin to drop dramatically.
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We all know that there was a big collapse in the Bitcoin market in 2017. But we hope that the Bitcoin market will not collapse in 2021 like in 2017.Because the Bitcoin market is in a much better position right now. Hopefully in 2021 Bitcoin will break all past records and set a new one.
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I think the reason is because currently Bitcoin has become the prima donna in the crypto market and also bitcoin is increasingly favored by the public for investment. so it will be difficult for bitcoin to drop dramatically.
With the current price already high, I think what you are saying is reality and there is no denying that bitcoin will not drop easily drastically. if he wants to do it for sure at the beginning of the year where there will always be corrections, bitcoin actually reaches ATH in a row. so if someone thinks that bitcoin will decline drastically, it means they are not following the journey of bitcoin itself.
This year, with the value at the beginning of the year that is already high and the halving effect will occur at the end of the year, it can be said that the price of bitcoin will be quite fantastic. If there is a decrease when after reaching ATH, bitcoin has often done it since the end of last year, that's a correction to increase even higher.
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The cycle of Bitcoin price and rate will always be there. We cannot expect Bitcoin to always rise up in the amrket. During the bullish trend, it may be. But for the bearish trend, it will fall.However we don't know the bottom price of BTC, never know because it will really depend on the market
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The cycle of Bitcoin price and rate will always be there. We cannot expect Bitcoin to always rise up in the amrket. During the bullish trend, it may be. But for the bearish trend, it will fall.However we don't know the bottom price of BTC, never know because it will really depend on the market
Exactly. there are two trends to the crypto market, the Bulls and the bears and it cannot be one sided always like you mention and investors should understand this however, I do also believe that the price will not drop as it did back in 2017/18 simply because of the new kind of investors, Institution.
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You do not need to look back, you need to move forward all the time, of course, bitcoin can repeat its fall as it already did in 2017. To fall to such a price, it will already fall, but within 10 thousand$ can.
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Since Elon Must started "pumping" Bitcoin and so many new and huge institutions invested in it, they wont allow Bitcoin price to fall a lot. Because they will be nearly bankrupt if such thing happens. I dont know exactly how they will save Bitcoin, probably with new investment and creating price walls that will keep Bitcoin from going more down.
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The price and demand of BTC is increasing day by day. However, the big investors of Bitcoin sell Bitcoin less but buy more ৷ This is because they know about the future of Bitcoin. However, I have heard that the price of Bitcoin is pumped and dumped every 2 years. But let's see how the crypto market reaches in 2022
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I agree bitcoin will not dip like it did in 2017, bitcoin has grown stronger over the years now it has more support than it did in 2017,now there are more people involved in the crypto space unlike before, this bull run we are experiencing is the longest bull run ever and it may continue till the year ends, so bitcoin is falling anytime soon.
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I think it will certainly drop to a point. A correction is necessary. Not to mention that big instutional investors will want it to, so they can buy more at a lower price.
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Right, until now bitcoin is on the top, not yet dumping that can be like 2018. Seems many people trading cryptocurrencies and sum up the NFT hype which is the market will not go dump easily. We don't know when the market will go dump but we should ready for it.
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The price of Bitcoin will go down, that's for sure. But it won't be like 2017-2018, and I believe it. If Bitcoin dumps badly up to $20k or $30k then the price will definitely go up lightning fast, as Investors and traders will be scrambling to buy it again.
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2017 was a good year for all cryptocurrencies. But maybe this year was not very favorable for Bitcoin. However, 2021 has changed the cryptocurrency market. Because by 2021, the price of all cryptocurrencies, including Bitcoin, has risen. So I don’t think the market will be like 2017
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2017 was a good year for all cryptocurrencies. But maybe this year was not very favorable for Bitcoin. However, 2021 has changed the cryptocurrency market. Because by 2021, the price of all cryptocurrencies, including Bitcoin, has risen. So I don’t think the market will be like 2017
all the old participants may have had a heyday in 2017 and many have gotten that fortune, but in 2018 that heyday fell drastically and bounties were scam. but I actually saw that at the end of last year when bitcoin rose high, not or not because of the Halving effect, if indeed the Halving effect can be ascertained earlier this year it will be the same as 2018, which will have a big correction, but it did not happen.
so it can be ascertained that last year's effect was only due to the @elonmusk effect and so far the halving effect has not occurred. where if you see the first and second halving occurs after a year later and occurs at the end of the year. so the third halving which falls in 2020 will only occur at the end of 2021. It is not impossible with the current high prices, it could be that the end of the year the effect of the halving can be extraordinary.
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The price of Bitcoin will go down, that's for sure. But it won't be like 2017-2018, and I believe it. If Bitcoin dumps badly up to $20k or $30k However, I have heard that the price of Bitcoin is pumped and dumped every 2 years. But let's see how the crypto market reaches in 2022
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It is true that big companies are now getting into cryptocurrency a lot and it is certain that this will provide an opportunity for Bitcoin to continue to increase in price.
I am also sure that Bitcoin is something that is very good to invest in because if there is a Big Dump or Bearish season, the Bitcoin price will increase again.
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The price of Bitcoin will go down, that's for sure. But it won't be like 2017-2018, and I believe it.correction is necessary. Not to mention that big instutional investors will want it to, so they can buy more at a lower price.
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In 2017 Market was not so popular.There are no big investors and companies involve into .In 2017 Those who considered it useless, Now are investing in Bitcoin in 2021.In 2017 1 Trillion was a very big big for Crypto but now it is towarding 3-4 Trillion.I do not expect a big down fall like 2017-18. Small correction Will definitely be for healthy market.Still market cycle has not completed and is expected to be more growth in crypto.
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I don't think the big dump of bitcoin will occur again like in the year 2018. The main reason is now heavy institutional money pouring in the Bitcoin and many big businessmen also investing huge money in bitcoin even some are planning to hold for long-term and that's the reason Bitcoin will not fall like in 2018.
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It is possible but the flow of cryptocurrency demands now is far different from 2017 and 2018. In my opinion, dramatic dump like what was happened from the past will not happen again due to massive investment and passive investment today from crypto using amm and farming.
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Without the support of these millionaires, we could see the price of BTC reaching $ 19k in 2018, recently Elon Musk stopped accepting Bitcoin payments to buy Tesla, what do you think, these millionaires seem to want to support Bitcoin but some regulations from the government and some people seem to have informed them of a situation that occurs when their price accepts Bitcoin as payment. in these 3 days Bitcoin price fell below $48k, I hope crypto community members do not panic seeing the current market situation, keep Hold and believe that Bitcoin can reach ATH $100k by the end of the year
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Everything will boil down to demand...and since the latest rise of Bitcoin has been due to institutional support if there will be no significant movement from this sector then we can see BTC slowly losing its grip but as to how low it can get into maybe I would speculate between $30-40K would be the range. Hopefully, the current dip can entice big buyers to come forward and take the opportunity.
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Bitcoin price today touched 40k$ Mark & continue to growing but can we see Again big dump like 2017?
I think NO, because.....
in 2017 , most of the investors were retail investors like me or this forum community peoples but this time big investment company like Grayscale, Microstrategy , JP Morgan, Paypal & Big investors like Paul Truder Jones, Michael Sayilor are in the game.
that means they will not sell their btc rather they will buy more.
So that we can't see big dump like 2017 & btc will be going to higher day by day.
Yes, Youre right I believe bitcoin will never fall like 2017. Because bitcoin is more popular and many investors believed bitcoin will have bright future.
I don't think bitcoin will have big crash at this year or the next several years.
Because There are no potential could replace bitcoin now.
I think bitcoin is still the King of crypto currency.
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The price and future of Bitcoin has left 2017 and 2018 behind. The price of bitcoin or the cryptocurrency market is much better now than in the past. Due to which the price of all coins is currently rising. And will love more in the future no more.
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Bitcoin cannot fall as in the cycle mentioned in the OP for reasons known to all, such as the popularity of Bitcoin and cryptocurrencies in general, the big companies that are investing right now, more countries accept cryptocurrencies for many things... It's about continuing to build and having patience for what's to come.
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Bitcoin will definitely see a drop as it is currently witnessing right now but I do believe that we will not get to that level of the drop from 2017 Bullrun as in down to around $3k. There is a lot more activity in the market right now that I believe will prevent that.
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People can say anything but we must prepare for the worst and why we totally believe bitcoin can't be replacement?. As long fiat exist, bitcoin always have competitor and second opinion bitcoin already in final step but others just start. Now we can see red market and this is good time to release our bitcoin into other coin, in red zone always have green dot. Never give up with crypto, grow up with it and change strategy before market eat our money in second.
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It will be difficult to predict such a fall as it was, but the market is slowly beginning to sink and this will need to be thought about. But it seems to me that such a serious fall will not happen, the maximum bitcoin will be able to fall to 10k
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It will be difficult to predict such a fall as it was, but the market is slowly beginning to sink and this will need to be thought about. But it seems to me that such a serious fall will not happen, the maximum bitcoin will be able to fall to 10k
@elonmusk's influence is real and bitcoin is experiencing a deeper correction than usual, will it be the same as in 2018? I think it is a different time and circumstances, if there is a correction it will not be as deep as that year.
let this create an opportunity for many people to invest in bitcoin before bitcoin will increase again, because the time for the increase of all coins will occur until the end of the year so there will always be time available to change again and we are waiting for that time.
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I still remember when 2017 and 2018 were very big differences.
At the end of December 2017 the price of Bitcoin reached All Time High and the end of December 2018 the price of Bitcoin dropped so deeply.
Maybe now 2021 is the most basic year for the price of Bitcoin, maybe to be more precise at the end of December and I have prepared BUSD to buy more Bitcoin.
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Now just a shadow of collapse across the entire cryptocurrency market.In such a situation of the market, everyone thinks that the market will be like 2018 again.Bitcoin is the most used and most popular cryptocurrency currency.On which all cryptocurrency currencies depend.The price of that bitcoin has dropped a lot.The mystery of Bitcoin price reduction has not been found yet.No one can believe that the price of Bitcoin has dropped so much.The price of Bitcoin will definitely rise again.
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The value of Bitcoin can change by thousands of dollars in a short time period. Tracking Bitcoin's price is obviously easier than attempt figure out its value. I don't think it will fall like in 2017.
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Many large companies have participated in investing in Bitcoin. Even then, the price of Bitcoin is relatively low every day. It is expected that the price of Bitcoin will continue to deteriorate. Because it is true that big companies have invested in Bitcoin but these companies are responsible for the decline in its price. Because if they don't make negative comments about the cryptocurrency market, then the investment will continue to increase. Tesla has already suspended bitcoin transactions. However, Bitcoin transactions are going on in PayPal. The reversal news makes investors frustrated. So the price of Bitcoin is likely to go down.
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The value of Bitcoin can change by thousands of dollars in a short time period. Tracking Bitcoin's price is obviously easier than attempt figure out its value. I don't think it will fall like in 2017.
maybe it won't fall like 2018, because 2017 is precisely the peak of renewable ATH happening.
yes, I also hope, that but it all comes back to individual individuals who have bitcoin, do they still always believe what an entrepreneur like @elonmusk says, which is where he has the right to do that, because his goal is as an entrepreneur to seek as much profit as possible.
bitcoin and other coins are still a long way from going and will be able to deal with that very soon although it may be a little annoying about this. but from the experience so far it can be ascertained that slowly and surely will soon rise up to catch up. time obviously still has a long way to go because it will continue to move until the end of the year, we are waiting for that change in the next few weeks.
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The price of bitcoin will not fall as deeply as it did in 2018, if only because a society of old bitcoin holders has already formed, who are confident that after any fall, it will not only recover in price, but also rise in price even higher. This is, of course, a controversial issue, but this opinion is very popular.
You should not rely heavily on institutional investors, because these are the same business structures, only large ones. They also invest in bitcoin for profit and can also dump it quickly if the market situation changes.
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I also thought so, until yesterday, bitcoin dropped to 30 thousand.$ and apparently it will be hard to go to the new ATH, I do not know what this was due to, but I do not like it, because the market will be a long time to move away from yesterday.I really hope that bitcoin will soon recover to its usual values.
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It will depend on the whales themselves who regulate the price of bitcoin themselves, if they start to discount the price then it is profitable for them. Most see the market falling and move behind it by selling their coins.
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This efect maybe from Bitcon Halving , always pump and dump after finished block halving . Hmmmp
Don't let this Bitcoin fall like in 2017 because I still remember it and I was also sad that at that time my assets could be minus up to hundreds of thousands of USD.
But after going through 2021 all my assets are recovering and maybe this is the fruit of my patience because Bitcoin is like having a cycle that really rotates every 4 years.
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Of course none of us wanted to see Bitcoin dumping like 2018 and 2019. Bitcoin has seen huge pumping from the end of 2020 to the beginning of the current month. Many thought Bitcoin might be 100k in 2021. But that didn't happen and to everyone's surprise a few days ago we saw the huge first in the cryptocurrency market. Maybe no one imagined that the cryptocurrency market would fall so much. Many investors have suffered huge losses. Many people think that Elon Musk has caused such dumping in the market. A few days ago Elon Musk tweeted on his Twitter that his company would not sell through any bitcoin. From now on, the price of other coins including Bitcoin has been declining. Hopefully the price of Bitcoin will continue to rise again.
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The way Bitcoin is currently declining in price could lead to a cryptocurrency market like 2018. It is really sad that the cryptocurrency market will suddenly be dumping so much. I have seen that those who have a lot of knowledge in cryptocurrency and what angel investors have all thought that the bitcoin price will definitely exceed $80k in a short time. But in this way, the cryptocurrency market is declining, which may be like in 2018.
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Bitcoin price has dropped by more than 50% and currently, the crypto market capitalization is less than $2 Trillion, I didn't expect 2017-2018 to happen but this is what we are experiencing today, when Bitcoin price reaches a new ATH then the price will go down and return to support price which is $40k once it reaches $ 60k.
We need to be a little patient and wait for the price to rise again to reach the new ATH at the end of 2021
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There should be a big dump, we currently experienced it. But it seems not the same as in 2017, the bottom price of the dump should be higher than in 2017. I think the price of Bitcoin will survive above $20K because it already increased above $60K. If there are still some increases in the near future or even reaches a new ATH of more than $70K, the bottom price of the next dump may be higher. Let's see how far the increase of Bitcoin price this year.
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History will repeat itself, in my opinion, a decline will definitely occur and maybe it will be like in 2017-2018 but the decline I mean is in terms of percentage not in terms of price. But for this month and next month, I am optimistic that the market will recover quickly.
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The fall of BTC dragged all the altcoins with it, and those who did not log into Tether in a timely manner are now experiencing great excitement. I think that at the Consensys 2021 conference, experts will discuss this problem, where the vector of crypt development will turn.
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Bitcoin now trying to hold 34k. If not support here we can see big dump here even bigger than 2017. 28k is last support for bitcoin and we still believe that everything is ok but if dumped below 28k than the matter will change and we will remember is a record dump of bitcoin ever.
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This time fall is fake becasue soon the market go high more becasue this time big bull when start that time the BTC will touches the 200,000$ and also the other crypto ALT coins will go high more.
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I really like this kind of thing because I also really understand what happened to crytpocrurency after the Bitcoin Halving and the evidence is true that 2017-2018 feels like it's repeating itself.
I feel a very scary scent when a large company that has a lot of Bitcoin sells it immediately because the bigger the Bitcoin g is sold, the deeper the Dump price.
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Bitcoin now trying to hold 34k. If not supprt here we can see big dump here even bigger than 2017
Bitcoin is dumped to $30k and still, its pricing is going down. I think that It will reach the lowest this time and it would be the worst action of the BTC in 2021.
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Bitcoin is dumped to $30k and still, its pricing is going down. I think that It will reach the lowest this time and it would be the worst action of the BTC in 2021.
Bitcoin is up a little over $5,000 since yesterday at this time, and it seems to hold on, although it may be a dead cat bouncing anyway. If anyone believes that Bitcoin will return to 2018 prices, they still have a lot to learn, because that won't happen anyway. Let's keep moving forward and building :o.
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Bitcoin is dumped to $30k and still, its pricing is going down. I think that It will reach the lowest this time and it would be the worst action of the BTC in 2021.
Bitcoin is up a little over $5,000 since yesterday at this time, and it seems to hold on, although it may be a dead cat bouncing anyway. If anyone believes that Bitcoin will return to 2018 prices, they still have a lot to learn, because that won't happen anyway. Let's keep moving forward and building :o.
Bitcoin price has now risen to $ 38,417, and ethereum, which dropped to $ 2,100 the day before yesterday, has now risen to $ 2,588. It is already good that prices do not continue to fall and even rise slightly. I hope that the bottom of the fall has already been passed, but no one can say yet whether the cryptocurrency will remain in price at least until the fall. Anyway, I don't expect a two-year bear season like I did in 2018-2020.
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In 2017, the Bitcoin market and the cryptocurrency market were very good. However, in 2018 and 2019, the situation in the cryptocurrency market was not very good. However, since mid-2020, the cryptocurrency market has been much better. More in 2021 Bitcoin has broken the record of previous years. Currently, the cryptocurrency market is much worse. However, the situation in the cryptocurrency market is likely to improve a lot more. Bitcoin in particular will improve the situation.
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If by falling like in 2017/2018 we mean that Bitcoin returns to $3,300 that it was worth in December 2018, I think the answer is more than easy. Although the global market is going down a bit at the moment, I don't think we will go back to the values the OP is asking. The market has changed a lot since 2018, we just have to see who and in what amounts they invest now.
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History will repeat itself, in my opinion, a decline will definitely occur and maybe it will be like in 2017-2018 but the decline I mean is in terms of percentage not in terms of price. But for this month and next month, I am optimistic that the market will recover quickly.
I agree with you, Thus far I believe that this dip we have witnessed about -68%
(https://i.imgur.com/PfoSipm.jpg)
is still not up to the 2017-18 crypto market dip which was about -80% because I would say that was the real bear season unlike now that most people still believe that we are still going to see another ATH in 2021.
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I agree with you, Thus far I believe that this dip we have witnessed about -68%
(https://i.imgur.com/PfoSipm.jpg)
is still not up to the 2017-18 crypto market dip which was about -80% because I would say that was the real bear season unlike now that most people still believe that we are still going to see another ATH in 2021.
If it is the same as the correction in 2018, it is clearly not at all, because the correction in 2018 is that from the beginning of the year it has been felt and has never been able to move up until the following years.
but bitcoin now since the beginning of the year only corrected briefly and continued to do renewable ATH several times. until last hit ATH $ 64,804.72 - Apr 14, 2021, before finally resulting in a 41.0% drop.
yes I still believe that there will be renewable ATH, because it does not seem that this correction will signal the end of the increase of bitcoin because all this was preceded by bad news from @elonmusk and added with bitcoin being banned in China. This makes a lot of investors unable to hold back instead of making it even deeper corrected, by their behavior of not being able to maintain the transaction properly.
I hope this bad news ends quickly and investors can make quick fixes so that it can move towards a goal that will indeed end this year. we wait for that change faithfully.
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The state of Bitcoin is much better this year than in the past few years. The transactions of virtual currencies around the world have increased significantly. Cryptocurrency transactions have started in more traditional banks. So the use of bitcoin is increasing all over the world. I think Bitcoin will become a much more popular currency around the world. Bitcoin's position from 2017 and 2018 is currently much better. 2021 is a golden age for Bitcoin compared to previous years.
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Even though the fall was deep but still not as severe as that of 2017/18, the fall would have been able to be maintain if not for panic sellers reacting to every little tweets they read on the Internet, there was no need to even experience the fall, irrelevant things like that should not be granted audience.
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At the end of 2017, the price of Bitcoin reached its highest level. And it continued for some time in 2018, but by the end of 2018, the price of Bitcoin reached the bottom. Thus the price of Bitcoin began to pump towards the end of 2020 and it touched almost 70k in the first few months of 2021, surpassing all past records. But for some time now Elon Musk has been dumping prices again after suspending Bitcoin against Tesla Company. Which is still going on. Bitcoin is currently fluctuating from 37k to 40k. My guess is that even if the price of Bitcoin is dumped, it will not be dumping as much as in 2018. Because a lot of big investors have invested here now and they will not want to miss Bitcoin in any way. The idea is that Bitcoin will continue to grow very fast again and it could touch 100k.
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Even though the fall was deep but still not as severe as that of 2017/18, the fall would have been able to be maintain if not for panic sellers reacting to every little tweets they read on the Internet, there was no need to even experience the fall, irrelevant things like that should not be granted audience.
indeed the bad news that simultaneously on social media seems to have a bigger role for bitcoin at this time, because of excessive panic from investors so that they get the stage to shake bitcoin, if only they could hold back and could help, so that not there be a weakening of bitcoin, that would not happen, hopefully this is a lesson that not all news is always good and must be sorted out properly.
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The way the current market position is being dumped looks like it could be a cryptocurrency market like 2018. Now many angel investors are thinking that the price of bitcoin will be dumping. Time will tell what will happen now. In fact, even after getting the price of Bitcoin increased again, now the Bitcoin price is dumping a lot again. I still think that the price of Bitcoin will definitely increase.
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Bitcoin price today touched 40k$ Mark & continue to growing but can we see Again big dump like 2017?
I think NO, because.....
in 2017 , most of the investors were retail investors like me or this forum community peoples but this time big investment company like Grayscale, Microstrategy , JP Morgan, Paypal & Big investors like Paul Truder Jones, Michael Sayilor are in the game.
that means they will not sell their btc rather they will buy more.
So that we can't see big dump like 2017 & btc will be going to higher day by day.
For now, I see bitcoin has high demand, as many people said.
So.no worries about this condition.
I think bitcoin will recover soon and altcoins starting to grow up again.
I don't believe bitcoin condition now, as same as bitcoin at 2017.
No, that's different.
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The way the current market position is being dumped looks like it could be a cryptocurrency market like 2018. Now many angel investors are thinking that the price of bitcoin will be dumping. Time will tell what will happen now. In fact, even after getting the price of Bitcoin increased again, now the Bitcoin price is dumping a lot again. I still think that the price of Bitcoin will definitely increase.
The current market has nothing to do with the one we saw in 2018. The money that is now in the market is not only from whales, now there is a lot of money from large corporations that have studied the market to the millimeter before investing a single dollar and investment strategies are also very different. While many are afraid, others continue to accumulate Bitcoin, that says it all.
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So far, it is difficult to say that the cryptocurrency correction has really started or not, but if the correction has begun, then I think manipulators will want to dump the bitcoin price to the maximum, and of course it will be very easy for them, and therefore we should not hope for something better, we should always prepare for the worst, and indeed, after the correction, there will still be another growth, just a matter of time.
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Yes your right at this present time bitcoin got alot of big investors which their investments would surely boost prices so it's sure and certain that bitcoin won't fall as deep as it fell in 2017, the bearish season hasn't stand yet so surely prices will moon, there are big investors which won't sell their bitcoin at such low prices, prices has started retracing upwards which shows that people are really buying up the the dip.
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Until Bitcoin loses 83% of its last ATH ($64,863) no one can say that the same thing is happening as in 2017-2018. Looking at the history of values it is easy to calculate it, to be able to say that the same thing is happening that in 2017-2018 Bitcon should fall to $11,027, that value would be a loss of 83% compared to its last ATH. The value of Bitcoin at the moment is $35,838. No, the same is not happening now.
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I know in this cryptocurrency anything can happen, but now Bitcoin has a much higher price compared to 2017. And if this is repeated at that time, maybe Bitcoin holders will be dizzy seeing the value of their assets drop very drastically.
However, many people believe that history will not repeat itself, meaning that the Bitcoin price will be able to last for a long time.