Bitcoin Forum

Why all crypto are dropping these days? Will crypto pump again? Or that’s the end of the bull market of crypto ?

No one can tell you for sure but on my personal analysis of the charts, I don't think the crash is happening at the moment. Lower plateau on chart generally means more people are buying and holding. For a market to crash, the rise should be followed by sudden fall. But again that's just my personal analysis and I'm neither and expert nor the market always follows the pattern.

It caused by the various reason. The announcement that created by elon already triggered the bitcoin market to turns into the bearish trend. it looks like the correction is still happening after we have reached the double top.
There are lots of myths on the crypto community about what reason that was causing the drop on the bitcoin price.

Crypto is dropping due to the bitcoin. it will pump again for sure after the bearish trend will be ended. I would not say if this could be the end for bullish trend for crypto

IMHO, I believe it is not the end yet, of the bullish market rally, this price dip is just part of a simple correction because if we look at most of the crypto charts we can notice a large green candle that has prevailing in a couple of weeks in most cryptocurrencies in the market that's why I believe that most of the cryptocurrencies that were dipping nowadays were overbought just like Bitcoin, Eth and others coins as well that was resulting in a deep price correction. I'm not an expert about it I'm just comparing the previous data in the market and I noticed it.

Monitor the Bitcoin chart and set trading targets to make sure the gains ever made are not lost. Bitcoin's chart is looking very bad and can penetrate the $46000 - $47000 support level. Failure to hold the level on Bitcoin will drop to $42,000 and next to $38000.
We don't know how the market will play out so we have to prepare for the worst possible scenarios.

Investors usually take price corrections to be the end of the bull run, in the past couple of days, crypto prices haven't been doing so well, but that doesn't mean it's the end of the bull run, it could very well be price corrections and quite a lot of people will sell out of panic/fud, only for prices to spike up again after the plunge. If you're hodling coins that are not pump and dump coins, then there is prolly no reason to fret just yet, but if your portfolio is filled with short term/pump and dump coins which I don't consider to be long term projects, then it's better to take your ROI ASAP.

everything must have its time. and I think the bulls are over. and will be pumped back later, but I don't know when this bullishness will happen again in cryptocurency. and if you have altcoins now then you better sell them now. because I believe that if Bitcoin has dropped in price then many altcoins will follow the movement of bitcoin

Well at the end of the day, I don't suppose anyone can say categorically if the Bull market has ended and we are in the Bear season but it was obvious that the tweet from Elon musk kindda help to trigger the down trend we are currently facing and this has continued for a couple of days now with some few crypto analysts pointing to Bear market entry so I would suggest close monitoring of the market so that you don't get to miss out in taking your profits.

No one can tell you for sure how the market will behave.. as no one can look into the future. It's true that today and also during the last weeks we saw most coins in the red zone apart from a free exceptions like Ethereum especially small low cap projects lost a lot in the last few weeks. That being said, it is completely natural that we see phases of corrections or dropping prices like this after we had a solid bull market for more than half a year now or so. I also think that those new meme-coins that emerged in the lastweeks also play a role in that as most of them are already dead now again, which reduces the trust that people have in the crypto market.

I think the market will bounce back soon as more businesses and investment funds are buying into Bitcoin. Another thing is that inflation is increasing rapidly around the world. So Bitcoin will drop in price to correct before growth.

Does it mean that Bitcoin still has the potential to pump?

I can not tell you exactly what happens next after the big decrease in the price of bitcoin. Coins can either go up or go down depend on the investors behaviors. At the moment, drawing a final conclusion is hard. All I can tell is try to buy low and sell high.

I must admit that i am really worried about the bull market ending now. Because the price and dominance of bitcoin has reduced and the altcoins are not increasing in response to that. This could mean that the big players are gradually removing their money and the bull market is about to end.

I don't know exactly, but I hope the bear market doesn't happen. but my prediction said, this bear market trend in crypto prices is only temporary this year. due to the unstable world stock market due to the impact of COVID, so the crypto bull price trend will still continue at least until the end of this year.

First of, no it's not the end for bull's table especially for Bitcoin.
It is just people getting manipulated from how they react from Musk's recent pullout of Bitcoin payments for his Tesla.
If you're hodling Bitcoin right now, keep it and don't panic. We already had enough of that kind of panic reaction recently. lol

What matters is how prepared are you, have you taken the advantage of this bull market already cos that's what I expected everyone to have done by now, if you aren't taking profits and you are still enjoying the view of millions in your portfolio you are killing yourself softly, wait till you wake up one day and your see your portfolio running in reds then maybe that's when you'd wake the hell up

Elon tweeted another FUD about bitcoin. I can't find the other one but this is one of it.
https://twitter.com/elonmusk/status/1394014053580910595

Yes, don't be scared if you see it dumping. This is crypto and that's very normal to see and have it dump because that's how the market will show you when it suddenly moves up and down.

If this is the end of the bull market then you have to be prepared and wait for it for the validation.

If you are going to ask me, I think we are not in a crash or hard bear season yet. This dip is really a reaction to certain events that were not favorable to cryptocurrency in general. There is no downward crash yet and many people are still buying and holding on their crypto yet. For the past few weeks it has been an uptrend because more and more people wanted to get into the action but I think it has become overbought and over priced so a deep price correction has to happen. Anyway I agree with what the majority is saying here and we just have to take advantage of the dip.

It is mandatory to understand that the market will never continue to be GREEN all the way. It is going to be couple of ups (Bulls) and downs (Bears), thus we should always be prepared for it.

The price in the market is really unpredictable but we all know that the market price in cryptocurrency is so volatile, in just a short amount of time you could easily lose a  big amount or earn a big amount of profit.

For me, it is still a correction at some point because we been profiting in the past months as bitcoin and altcoins continue to push their market price in the market until this month.

The bull season could end and we can't really expect the market price of cryptocurrencies to continue to just pump, I mean you don't lose when you don't sell your cryptocurrency. The pump and dump will come so you could either continue to hold or sell, I recommend profiting or selling a small percentage every time the market price is pumping so that you have the money when the bare season comes.

Honestly, it's already looking like the end of a surprising bull run for Bitcoin which began late last year. Data puts Bitcoin's dominance of the entire market space at slightly above 30%. This has strategically dwindled over the months. I recall those times BTC dominance stayed above 60% while its price remained sluggish. But today, even with 30% dominance the price isn't that bad; and that' looks scary to me that a great fall is brewing. If historical data is anything to go by on this, we should be looking at December of this year for Bitcoin to hit a fresh ATM the same way it did in 2017 before it plunges.

of course the crypto price will pump again, even by the end of this year almost all altcoins should be able to peak through their respective ATH, I am sure that BTC can reach $ 80k by the end of this year, the problem is just a matter of time, patience is the key, we just have to wait for now.

Every drop is normal this is crypto and every coin will have a pump and a dump status, i always see question like this everytime when bitcoin price fall, but if the bitcoin rise they asked "is the bull market backed" will I think those people who ask or making question like this is maybe has no patience and if they have patience maybe it is small.

If you ask there is a market cycle, it will happen. but regarding the bull market where all crypto is going up simultaneously as it has in the last few months, I'm not sure it will last long enough. There were many rumors circulating this morning, such as Elon selling his bitcoin and several other rumors that made the overall crypto price experience a pretty drastic drop.

I think this drop is a bit serious now, it could be the end of the bull run especially if bitcoin will drop below $40k.
Per Binance exchange (https://www.binance.com/en/trade/BTC_USDT) 24 hours low of btc is  USD 42,196.97, 8% drop today but 24% drop in 7 days.

This is a serious indication that bull run could be over, and there's a reason as Elon Musk's statement against bitcoin is big, maybe that resulted to panic selling.

Well, from a TA perspective:
Wedge met target.:
https://www.tradingview.com/x/AtTuJR1f/


on a personal note F Elon, he should leave crypto alone tbh.

I personally think it is far bigger than regular correction but I don't see it more than panic selling either. Bitcoin still stays far above real dip (which is 30.000) I assume. As I check now total market capitulation is bit above 2 trillion dollars now which shows altcoins survived dip, I am still optimist about bull markets now.

Certainly pumping is still possible and we need to wait patiently for the next moves of the market. The whales that come later will not be able to let the market drop and wallow in losses. So they will find a way to pump the market again. Even Elon Musk has confirmed that they have not sold a single Bitcoin since announcing they stopped accepting Bitcoin as their payment for electric cars.

https://twitter.com/elonmusk/status/1394170030741413888

I think it's not yet the end of bull market but I think we're soon to witness it and while we're still in bull market, we need to get profit to buy when bull market happen.
It's normal to dump the cryptocurrencies due to high volatility and we must know about it. Buy low and sell high, this phrases been around in the cryptocurrency but a lot of us didn't apply it well when the situation like this occur. I guess bull run will takes 1 year, so we still have until the end of the year before we're going to bear market again.

We can't really say that bull run is already done and we are in bearish market. Last week has the same scenario which the market is on dump for few days but some of the coins especially alt coins recover and pump again. It looks like the market is just on correction and consodilation, but we are not sure also about it. Give another week to observe the market trend, status and performance.

There is no doubt that the cryptocurrency market will pump again and that cannot be guaranteed with every coin in the market but the top coins will always come back even if it takes some time. If you are open about your investment then we will get an idea about which coins you are looking forward in the future. The market was rallying for months and all the coins have touched their new all time highs and you should not be surprised when you see the market correcting as you cannot expect the market to rally all the time :P.

For now, I can't say that this is the end of the bull market but I have a feeling that it is near and the altcoin season might come up as I saw from the market reactions of alts from the recent crash. BTC dominance is falling from time to time now and it is under 50%.

I assumed before that this kind of crash will come and will make us think if the bull market is over, Well here we are.

Since bitcoin correction caused things to go down, then there is also the influence of Elon Musk's Tweet, saying Tesla can be obtained with Dogecoin so that everyone who buys Dogecoin and ignores Bitcoin.

There are many alternatives to those who think that the bullish market, because although bitcoin has corrected a bit, I see a lot of profit investing in SOL, it has had a great emergence:

https://i.imgur.com/l4mR0QH.png
Source:https://cointelegraph.com/news/top-5-cryptocurrencies-to-watch-this-week-btc-xrp-dot-xlm-sol (https://cointelegraph.com/news/top-5-cryptocurrencies-to-watch-this-week-btc-xrp-dot-xlm-sol)

I think that from now on this will be a huge alternative for those who want to generate good profits by betting on this currency, since many who have been waiting are now making good money.

What if tesla will sell all of their bitcoin holdings and choose another coin to set as their new asset. I'm not sure if how much btc they are holding but for sure there is a huge effect in terms of volume and market price of btc and for me it is possible to happen especially that Elon Musk is very unpredictable when it comes to his decisions.

This is not the end.

I think the current corrections are still in a normal stage, especially since the end of last year we didn't see the big market correction.

Now is the discount period, don't miss the opportunity to buy more of your favorite coins!

That's what they say before its got too late to sell their coins.  ;D 

There are some analysts that the market had just cycled just like March 2020 where it goes low and then bounces again gradually as it always does. The shift to altcoins is very much evident as BTC goes down, some altcoins are not. This is very unusual, it doesn't happen very often in the market.

it will pump soon when it gain enough strength.. Indeed some of the alts at this moment are showing a good sign and seems gonna a rise rapidly again base on its percentage especially those have large volumes in the market.. Maybe this is because bitcoin value is keep decreasing due to some accusation around the internet from elon musk wherein reason most of ppl preferred to stay on some alts for their safety.. So this a probably a sign of bullish for alts soon..

I wish  :'(

The market will return to its previous place. The market is improving but if tesla increases Dogecoin's investment but these currencies will go up depending on the price of bitcoin the price of other altcoins has dropped due to the fall in the price of bitcoin. The market will pump up very soon and Elon Musk will increase the amount of investment.

What happened in March 2020? I had not entered the crypto market that time. Could you tell me more about that? Please...

We cannot blame people for making it a big deal or for talking so much about it, we know how bad the continuous dump that occured last 2018 was. We have the freedom to choose and believe that the bull run has already ended or stay up with our faith on bitcoin that it is just a normal correction. If we want to sell, we can but we should set ourselves ready for the regrets that may come forth as the value recovers again or we can also keep on holding and be ready for regrets also as the value goes down hard on this correction we are calling.

The bull is not death yet. Look at btc price year on year, at this price we already up 4x. And this dump is healthy for the market. Bitcoin move from weak hand to stronger hand and believer. After its dump to $30k and now it is at $38k-$45k teritory again. Congratulation for whoever hold the dump.

Personally, I hope not, but if this is the end of the current crypto bull market, then goodbye all, see ya all in 3 years from now  ;D.
On a lighter mood, I feel this is just a major correction, so dont panic mate, your bull will be back soon, this correction is long over due if am asked, we are likely to see bitcoin go below or stay a little above 20k$, and when the correction is over, am expecting bitcoin to fly to above 100k$ before the year 2021 ends.
But then this is just a prediction, one can never be 100 percent sure, as a matter of fact, we might have even entered a bear market season, but which ever it is, bear or bull, let's just keep supporting and making money with crypto.

There was a break that we haven't seen for a long time. I hope you haven't lost a lot of money. I think the decline will continue. However, everyone has their own decision, of course.

Right now is pretty bad situation for crypto, but I am so sure crypto will pump up again, bitcoin and also altcoins.. however I do not know when will it pump up, lets hope the bull run will come again soon.

Well crypto is always unstable and it is already been expected that it will go dump after the huge pump and after the dump it will pump again, something like this situation is not new to everybody that is why people who already know what crypto is will never be panic on this dump situation, So I think being afraid on the dump situation will not help us dump is not forever we are going to hold we cannot loss profit but if we sell our holding with loss then we consider that is already a loss.

If you're new to this, you should take a look at the previous market cycle. Be prepared for something more extreme, such as -90% drop from ATH or something similar. Crypto is a wild west, retail is a small player. Whales and institutions are playing their own game to get richer every day.

As far as i know, covid was making lots of crypto users think crypto will be doomed like the stock market. People had been feeling fearful at that time. That was creating the same dump as this time. The dump is not a new thing in crypto.
you can also browse some news about that. there are lots of articles related to the big dump that happened with crypto in March last year.

We do not know how the market will continue for now. There have been many new participants over the past years, among them institutional investors. Marcetpcap value and volume is very high compared to previous years. But for a lot of altcoins, I think the bull season is over.

No, defi round 3 is still coming this summer.  If you ask what defi is lacks of now is more convenient ways to trade fuel like oil, gas etc. And it seems guys in @PetroSwap also noticed that and launching the project to allow that
https://medium.com/petro-swap/petro-bringing-fuel-trading-to-defi-48c4cb5b3652

Right now it's struggling but I don't think it's the end of the bull run a month ago the community is having high hopes that it will eventually reach the $100k mark, we should not give up the fight that we have seen right now is a dip, it's an opportunity to make a profit, we have seen this cycle so many times in the past yet so many us here still having a hard time to break their bad habit of dumping when there are bad news coming.

Elon tweets just served as a catalyst as there's more to the dump currently experienced by the market. Lets not forget the fud are back, already the media has began spreading the various negative news coming from India and other regions in regards to ban on cryptocurency related activities like banning service providers from accepting it as a payment option.

Will this dump mark the end of the bull seasiny, I don't that. This is merely a correction and you can see the market already responding positively as new money are pouring in from investors both retail and institutional investors securing their buy spot on the market.

Best you can do now is invest more if you have spare fiats but if your coins were caught in the dump, just keep holding as within the shortest time possible the market will recover.

beside the twit from elon musk about bitcoin, i think this is the main reason why crypto market crash now
https://www.reuters.com/technology/chinese-financial-payment-bodies-barred-cryptocurrency-business-2021-05-18

The season for alts are being affected  it's just a short ride for those newcomers who invest their money to certain assets aside from bitcoin.
As we see, the current market is falling and those who bough from the peak are not losing portions of their investment, we can't conclude if the market
already welcoming the bear but if this current run continue to feel the pressure from those sellers who can' hold for much longer, it's unavoidable to see that the switch between seasons is here.

Does it mean that it’s a good time to buy uniswap?

  BTC will settle into a range where nothing coming out of China will effect it with the exception of to the upside, it will just trade as though China doesn't exist.
My guess is 31k to 35k range trading

Bullishness in altcoins ends when Bitcoin is bearish...

the majority of altcoins still rely on Bitcoin as their reference price, look at how the crypto market was 'red' when the price of Bitcoin was corrected down in the last few days. But don't worry, the bearish market will definitely end.

Probably just gonna stay around 50% of ATH and I honestly think it's the bottom of this dip, many people actually already trying to make buy order at around $30K below so i'm expecting it won't fall below that
but alt on the other hand gets really impacted by the dip that even meme coin could go down as much as 95% but BTC and ETH definitely gonna recover, maybe in next few months when the fud already gone, curently the price heavily affected by the fud from
either government or institutional investor even elon.

It has already happened a few years and i suggest you to take a look at the all time chart of bitcoin. You will see the samre chart like this time.
The bitcoin has ever plunged so hard to the bottom in a short time but it may take months to go back again.
Bitcoin is a coin that will be determining the trend of crypto.
Bitcoin bull = alt bull, Bitcoin bear = altcoin bear

in the trading system there will definitely be ups and downs in prices, but today it has started to fall and will continue to fall in the next few months. And this is not the end of trading but the end of the bulls this year. and will return to growing after the next few months. this is bound to happen to all altcoins

You can't say that this is the end of crypto bull run in this year. The price rally may start again in near future. Crypto market is always volatile. ‘OP’ there is end of a crypto bull cycle but not the bull market. Cause most of the crypto price will surge more and create new ATH in upcoming years. But there will be some correction period in between. Don't get afraid of it. We might see another bull trend of crypto market within this year.

Most or majority of those people who do freak out and tell or say things like this like that whenever they do see that the price is really going down.They would really
assume that the bull market is over but honestly if we do tend to look out on whats really happening then you can determine that this was just a normal correction.
We cant just see a market that would just continue to rise up.There would always be a moment where it would go down due to several factors which i can say that
its always been part of the process.Thing here is that you do know on how to get out on times like these and when to get in when you do see opportunity.

I hope so. I am waiting for the massive market dip and dump so that I can get the advantage in the market on being on sale. I can say that I already maximized the market of being bullish that is why I am able to gain enought profits/income that I will use as capital/funds when the market becomes bearish.

The question is when? When will be the market going to go deep? And what is the bottom if you want to go deep? The answer is no one knows when but with the news everyday the sentiment changes it's up to us whether we believe it or not since most of the news are having a hidden agenda why they did that. Like making a black propaganda to promote FUD and once the FUD is successful that's the time they buy because there's a dip.

You haven't bought the dip that's happening? I don't like to see this bull run end but that seems to be a wish to me because with the reality that's happening, we're only keep seeing the drop of it.

And good for you that you have already sold and took advantage of the dip and this is why you're just one way there and waiting for a better price that you can see on this dip.

Well the price is currently stable day traders can make a lot of money with the market now
But i wish for it to return to where it was a month ago

I predict its not gonna happen, all this dip is bear trap, dont be greedy to accumulate from the very low point, try to accumulate from now or you will regret this dip in the future.
Its need top100 bitcoin to cashout to make another market crash and i dont expect that happen (most of them are inactive).

after the market increases very high (bull run), then in my opinion it is only natural for the market to undergo a correction (the price is dump), so you don't need to worry, because I believe the market will increase again when the correction is over, so now is a good opportunity to buy more cryptocurrency and hold for the long term, because when the market starts to bull run and of course you will definitely get a big profit from investing in cryptocurrency at this time.

What I might worry about if the market will be in dip again and these new investors can't manage to hold their coins.
It is actually a good entry in the market during the bear season but the question is how long this will be having an end? Coz I know that not all of us in here can manage to wait longer, as the majority are just short-term investors. Pretty a big challenge for them and might cause big losses.

China has never been the cradle for a bitcoin-friendly launchpad.  It's time to forget the things that are still there.  I don't see any positive transition from China, it's all just slaps and bloodbaths.  Bitcoin will still come back, I think the market sentiment is being broken and bewitched by illusion - Fud by Fud.  It must end before the next bull run is directed.  Bulls regroup to try for dominance.

Well, it will always depends on our individual TA on the market, on how we see and speculate things. Your plans will always different on my plans because we have different set of targets. I do not really know how deep the market will reach but right now I already set a specific range of entry price.

This is how the basic operation of the bear market begins. People become pessimistic and stop investing or even walk away from the market by selling their current money. and after a long time he sees that the money he sold has gained much more value and regrets it. This cycle continues continuously. :) Prices and conditions may change, but bitcoin continues to walk.

Not yet, but I am patiently waiting for the market to reach my target entry price. I am hoping the same way too but the market should dump because it is part on how the stock market is working, all things need some correction and equilibrium for them to be able to function based on how they designed to be. What comes up must come down, it is us how we will going to react with it and how we see things accordingly.

Yeah scalpers with a short TF will definitely earn some profits. All of us are wishing the same thing but every bull run must come to an end so that new batch or generation of investors will have the chance to enter the market with their funds. If bull run will never end, for me it is far more harder to invest in crypto because the market price will stay with a huge amount.

Yeah it is preparation for a bear trap. If you will look on the historical data of every bear trap on every bull run, the market dumps a huge percentage before soaring high and I not just talking about 20% to 30% dumps, I am talking about 50% to 60% market dump. Well, that is speculation, nothing is sure in crypto market and regret is always part of every stock market.

We are talking about going to the bull market, the situation now is that we are coming from a bull market and we are seeing some struggling times for crypto, which means the correction has started and we will see more downtrend than uptrend, hence the price will decrease and will dip.

Looks like a bear market is about to get in but I still have the hope that there's going to be a reversal eventually.

That's right. No matter how low we're going to have it, bitcoin will just have to keep moving forward and people who have been looking at the bad news that only brings fud, they will be the ones to get out at a huge loss.

I think this is the end of bull season i see that massive dump is now happening and maybe the price will not rise again at the end of the year, I think we need to wait for the huge dip an buy in preparation for the next bullrun, i see how important patience in crypto because i have owned bitcoin in 2016 and if i have patience and hold it till this year maybe I am now millionaire.

no one can predict the movement of the crypto market, but I believe crypto will bounce back and recover, it's just a matter of time, so now is the right time to buy, because it is not impossible if the market touches a new ATH again

I think there will be some sort of stability in the price of bitcoin whether we hit $20k or not! At some point , we will have stability and that is when altcoin will rise and existing trend like defi will flourish even more! The market circle on bitcoin may extend before completion as there are institutions involve with bitcoin now!

I do think also that this is now the end of bull season, the massive price dumped and also the weakened of the resistance of the crypto token in the market crashed just showed all over. But what is good about this time market crashed is that the bitcoins price didn't dumped in as low as $30k and the ethereum price became stabilize in $2k. This is just so good market dropped for me if i were going to compare from 2018 crypto market crashed.

This is not the end of everything from the market bull run season, I see there has not been a decline so severe as 2018 today is still quite sustained until now, meaning that bitcoin will continue to move against opposing resistance, and about a little patience is something that needs to be maintained though We know before that we have also experienced things like this but I am sure that in 2021 bitcoin will not be as bad as what you imagine after the bullrun ends and stay confident.

The past will be over but now think ahead if we hold back from now on it will be much better every year the increase will definitely occur and new ATH will definitely be achieved at the right time.

Every year april month,we can face a huge bubbles and high pumps.April month will be the good time to sell your holding coins.Even you can do the day trading in the april month.Now we are in the end of may month.So the price of most of the coin had started to increase again.You need to wait for one more month to get good profit.

what do you think? ask yourself first.
Did you see the pump in December 2017 and the dump in January 2018?
When the Bitcoin market and the entire crypto market collapsed in 2018, who could have imagined that the value of Bitcoin would rise above $60,000 within only two years? When the price of Bitcoin dropped from $19,000 to $3K in 2018, a group of people said that Bitcoin would never reach its previous ATH, another group thought that it might go up to a maximum of $30,000, but beyond everyone's prediction, the price of Bitcoin exceeded $60,000.

The dump you see in the market at present is very insignificant compared to the dump of 2018. So everyone should be patient and not panic during the market correction.

Judging by the fact that the current price drop has been going on for more than two weeks and is very deep, and Bitcoin has stabilized in price at $ 35,000, we can assume that this market has already entered a bearish period. Hopes that the price drop will be short-lived and that this is just another correction have not been justified. Right now, we can only guess how long this period of deep price downturn will last. There is still a chance that this period will be short-lived, but they are decreasing every day. We are approaching the summer season, when traditionally there is a period of relative calm in all markets. It looks like we should already be looking forward to the onset of autumn.

all altcoins are dropping because the price of BTC is falling and stuck at $37-40k, all we need to wait for is the revival and skyrocketing of BTC prices, at that time the prices of other altcoins will rise, so all we can do is be patient for now.

2017 was one of the Golden years for cryptocurrency, almost all coins at that time managed to reach the highest price, but after that the price of the crypto fell to its lowest point. The same thing happens again in 2021, even though crypto has decreased, but not as bad as it was in 2017. You don't panic too much about the current market condition, the cryptocurrency will pump again after the correction occurs.

The market today is very different from the previous year because so far the market price is still stable, from observations a few days ago it has stabilized $34k- $37k and I hope the market will be pumped up in the near future.

I consider stability 34k to 37k in a period of six months, that's pretty much a 8% swing

There is always another bull run so there is no worry if it is the end of it, who cares if it is low or not. I mean I made a decent amount of money during the bull run, now I do not have any extra money because I used them, and I have a bit of saved just like when I started and didn't lost anything plus spent some of it for some stuff, that is more than good enough for me, I gained a ton of experience that I could use in the future as well so it is amazing.

Surely there will be a huuuge increase in the price in the future, that is what we are talking about here as bull run, the previous one could be over but 100% guaranteed there will be one more, and then one more after that, we just have to wait, so why worry if this one is over, we just need time and it will reach the next one. This is why I am feeling lucky to be in crypto, there is always a period when I know we all can make a huge amount of profit.

Agreed but some people might be impatient caused by they wanna see the price of bitcoin to skyrocketing again. There were some people already sold their portfolios caused by panic sell.
The bull market is not yet ended and no one knows about this but im sure if we are still in the bullish trend.
The price of bitcoin is quite stable at this moment and that can be a good proof if we are still in the bullish trend.

I noticed a trend when prices for crypto go down, then immediately there is a panic in the crypto market, where the most important question is, is this the end of the bull market? I believe that this is not the end of the bull market, but on the contrary, another correction is needed to cool the crypto market and lure the top crypto assets out of weak hands. In general, I believe that by the end of 2021 another round of growth in cryptocurrency prices awaits us, and only then there will be a long correction. Why will there be another growth at the end of 2021? I believe that it is then that the next cycle of development of the crypto market ends, and as history shows, the main increase in prices for crypto occurs precisely at the end of each cycle.

In market we can not only want to see the bright side aka bull market all the time.
Once in a while there will be such a big dip like now, and then the market will recover and going to bullish again. This is just a matter of time, and we just have to accept the dip right now and hope the bull will come asap.

Yes, of course crypto will pump up again. I think it is normal for market to have up and down. Especially, the recent announcement effectively puts a ban on the use of cryptocurrencies in China.
I think this news also put a trigger for the dip in crypto.