I am sure India will not ban cryptocurrency and I belive it's going to be a discussion, even if they try to ban crypto they will fail miserably and moreover I read some articles few weeks ago wherein Indian regulators were trying to implement tax on crypto trading so I don't think they will be banning crypto and even if they do they cannot stop transactions and they will be at loss.

I don't think Ethereum can overtake Bitcoin,infact no other crypto coin can replace bitcoin as it will always remain the most trusted crypto and leader of cryptocurrency as it has proved multiple times that it can overcome any hurdles and whether it's 2021 or any near futur. Ethereum is a trustable coin which is next to bitcoin in the rankings and just like how Ethereum cannot overtake Bitcoin, the same way other alts cannot overtake Ethereum.

Yes Doge coin pumped up by over 800% after Elon Musk's tweet and in last 12 hours it has been highly fluctuating wherein traders would had a merry day but at the same time it's equally risky as well because it has dropped by almost 40% and then pumped back as well. Panic sellers would have already sold it at the first dump itself and eventually these funds will end up in Bitcoin's portfolio of many once there is a dump and to backup Bitcoin has gained significantly today.

Bitcoin's value has suddenly surged today but we have seen this in the past as well without any announcment or hint from major investors. I agree to an extend about Doge coin's pump due to Elon Musk's tweet but I don't think it would have a lasting effect on Bitcoin because it has already got investment from other big players, Bitcoin doesn't need support from Elon Musk as it will only lead to more chaos when newbies who joined after announcement starts panic selling.

I think it's a natural phenomenon which occurs everytime and users relate it to some other events like this recent pump would be credited for Elon Musk's tweet. But there has been so much of institutional investment pouring for bitcoin in last few weeks and it was under correction period hence we are witnessing pump now. Those who invested due to Elon Musk's tweet will not stay into bitcoin for longer run but institutions will do. We might see either Bitcoin crossing $50k or falling back on resistance support.

At this point of time I don't think anh country will accept Bitcoin at national level or encourage their citizens to use Bitcoin like any other digital payment method. Unlike other inventions or technology if Bitcoin is used at national level then t would be from developing nations or breakaway states instead of developed nations. If Bitcoin is used at national level there are merits and demerits of the usage as well which needs to be worked upon.

While I appreciate your efforts for this informative post but we cannot expect the same everytime and if you notice last time the bull run was for entire crypto market but this time it's limited to bitcoin primarily and few altcoins. This bull run the crypto and bitcoin market is more mature and saturated as they will not be dumping for a minor dump like they did last time. I don't think bull run will end so early.

People are choosing crypto over fiat transactions because they don't want regulators and governement to meddle in their asset and funds, if bankers or government starts creating their own crypto it is destined to be a failure because they will not get any support from crypto enthusiasts and other folks who don't use crypto will carry on with fiat instead of government or banker's backed crypto.

It's good to see some real life utilisation of crypto currency and bitcoin in particular because this somewhat restores our faith in the technology instead of just considering it as an investment medium. But wouldn't it be a hassle for the seller if the value of Bitcoin or any other altcoin's drops aftersale? Either the owner who accepts bitcoin and other crypto will immediately convert it into stable coins like USDT or else he is either losing out big time or gaining huge profit as per the market situation.

What would just one institutional investment do to Bitcoin? There are dozens of not thousands of institutional investment which has been pooled into Bitcoin and there would be numerous factors due to which value of Bitcoin will fall down. This is the nature of bitcoin wherein various factors decide the price and I wish we would overcome this dump as well eventhough I have doubt whether we will recover from the dump or not.

This recent drop was unexpected eventhough we thought there would be fluctuations but from past few days we have seen more drops and less pump, it's a worrying factor because this might be the end of bull run or else one more correction phase and if it's correction phase then it would act as slingshot for investors but investing right now is high risk factor which many won't bother to do apart from institutions.

It's unpredictable at the moment, yesterday I made a post of possibilities of bitcoin crossing $40k once again due to the flash pump and again it has dropped down which makes my think about my own prediction. But we don't see any negative event in near future to pull the value of Bitcoin down hence I vouch that Bitcoin would cross $40k and I have kinda lost my trust in technical analysis as it often goes the other way around.

There are numerous websites which claims to double your Bitcoin within 24 hours and I have heard from some of the victims that they just don't allow you to withdraw by asking you to deposit more bitcoin's in order to withdraw this end up cheating you without even returning your capital investment. Just to make their telegram look more genuine there are imposter accounts with names from multiple nationalities. Be aware guys as no one would be able to give you 100% profit within 24 hours so it's a scams and stay away from it. I will share futher details shortly.

There would be numerous testimonials in the telegram group which you guys will be added it's all fake.

It's a good idea but you should be prepared with a proper prediction and also you should be aware that it might take long time for Bitcoin to go back to $16k to $20k, and it might not happen as well. But sinde its highly volatile there are possibilities as well because we used to say Bitcoin will never go below $5k but it eventually did in 2019 and similarly it may not look like Bitcoin will go down anytime sooner but possibilities are always there. I would request you to think again whether you wanna cashout and then buy at dip or else do daily trading ?

Yes it would be bullish once due to institutional investments and this bull run is much more different than the one we had in 2017 as this Bullrun is limited to bitcoin and few altcoins like Ethereum unlike 2017 wherein almost every altcoin went bonkers. As you mentioned once Bitcoin touches $50k it would be flooded with much more investments from mid level users as well since it acts as a psychological figure. But any idea what would be the long term plans in these institutions who are investing massively into bitcoin?

Today when the value of Bitcoin was surging it almost felt like Bitcoin is going to cross $40k or the previous ATH but again it was short-lived but there was no massive dump which is our last hope that Bitcoin will reach new ATH during this bull cycle. What do you think about Bitcoin's chart for next 4 to 8 weeks? Will it there be further corrections or else it will break the previous ATH? We will strike out the possibility of any stability.

I would say all the above are contributors when it comes to check controls the Bitcoin price, but majority of fluctuations are created by whales using the huge stock which they hold since the value of Bitcoin depends on demand and supply. We have seen it on numerous occasions that a huge chunk of bitcoin is cashed out when it's at peak thus sending negative vibes to the community and we have also seen a typical temporary pump I would say trap wherein price is pumped up only to be dropped again which is done by whales and we are equally responsible for reacting and cashing or reinvesting without proper plan.

Till yesterday I though it would be great if Bitcoins today's anywhere between $30k and $35k but after sudden surge in the price today I think anything is possible and it might really once again towards $40k if it finds some resistance above around $33k. This is just my thought based on Bitcoin chart j have observed for a while. The nect fee weeks will be boon for traders as we may expect some decent fluctuations.

It depends on your requirement, if you are looking for quick cash in terms of emergency then cashout else don't cashout now as there are investments poring into bitcoin which will surely lead to further bullrun or atleast reach the last ATH. Bitcoin market will keep fluctuating and you have to decide if you want to settle for the profit which you have earned then cashout else wait for bitcoin's price to buckle up which has higher possibilities. Don't panic sell.

There are two possibilities either the Bitcoin will cross $40k or even $50k or it may go below $25k as well. But when it will happen always remains uncertain but if we look at current situation wherein institutions are investing into bitcoin it will not go below $25k which leaves option of bitcoin crossing $40k once again has higer possibilities. This stability or fixed boundary will end soon I don't think ther would ever be any stability.