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Author Topic: Bitcoin will not fall like in 2017/18 because .....  (Read 7906 times)

Offline EKRA13

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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #120 on: May 27, 2021, 03:43:05 PM »
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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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #120 on: May 27, 2021, 03:43:05 PM »

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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #121 on: May 29, 2021, 11:24:35 PM »
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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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #122 on: May 30, 2021, 03:36:53 AM »
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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Offline dekafee79

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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #123 on: May 30, 2021, 10:15:23 AM »
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.

Offline Freemind

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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #124 on: May 30, 2021, 12:25:32 PM »
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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Offline trauchot

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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #125 on: May 30, 2021, 04:05:27 PM »
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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Offline Traderbtcc

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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #126 on: May 31, 2021, 07:45:18 AM »
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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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #126 on: May 31, 2021, 07:45:18 AM »


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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #127 on: May 31, 2021, 10:20:40 AM »
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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Offline Seerge

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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #128 on: June 01, 2021, 01:50:59 PM »
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.

 

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