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Author Topic: Bitcoin will not fall like in 2017/18 because .....  (Read 7911 times)

Offline Review Master

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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #45 on: April 03, 2021, 09:43:43 PM »
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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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #45 on: April 03, 2021, 09:43:43 PM »

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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #46 on: April 03, 2021, 11:56:31 PM »
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

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Offline ustcoin

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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #48 on: April 04, 2021, 12:00:13 PM »
In my opinion, I do not think that the correction will be withdrawn to 5-6 thousand dollars.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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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #49 on: April 04, 2021, 12:07:16 PM »
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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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #50 on: April 06, 2021, 09:13:43 AM »
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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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #51 on: April 15, 2021, 05:58:00 AM »
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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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #51 on: April 15, 2021, 05:58:00 AM »


Offline Nusrat

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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #52 on: April 15, 2021, 07:38:03 AM »
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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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #53 on: April 15, 2021, 07:54:37 AM »
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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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #54 on: April 15, 2021, 09:30:05 AM »
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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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #55 on: April 16, 2021, 06:13:18 PM »
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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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #56 on: April 16, 2021, 06:51:21 PM »
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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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #57 on: April 16, 2021, 11:13:12 PM »
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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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #58 on: April 17, 2021, 12:35:26 AM »
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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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #59 on: April 18, 2021, 07:14:25 AM »
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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