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Author Topic: Beware of 2018 BTC aftermath  (Read 295 times)
toast
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January 04, 2021, 07:00:46 AM
 #41

As we all enjoy the current btc uptrend, it is becoming a glorious moment watching btc moving up and up. it looks like a trade we all hope for. on daily base, BTC price keeps moving up without signs of dropping. personally, i think the funds are coming from XRP dumpers. also i am skeptical because markets always correct itself no matter what.
i think what happened in 2018 will still repeat it self. BTC might fall back to 20,000 but we never know when and how but for now, lets enjoy the sweet ride to 40,000


there's a possibility that it may happened again but you are right let's enjoy this ride and don't forget to always take profit no matter how big or small it is. well most of the people expect to reach it 40,000 or even 50,000.

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poodle63
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January 04, 2021, 10:06:32 AM
 #42

Yes, but for the meantime as I checked the btc market all.is doing well and has a good market price increase. Maybe, because many are still wanting to see bitcoin to go up high like I think up to 35K$. If that will going to happen then we can expect the next bull run go up to 60K$ which is likely going to happen based on how btc market move.
dont mean to be skeptical but it's doing well maybe because it's calm before the storm. Doesn't meant to demotivate people though it's just there's nothing wrong to be alerted of something that still has a chance to happen however maybe just maybe this time its gonna be different no more panic selling no more dumping just because the trend reversed.
But as long as mass adoption still going on I doubt its gonna be the same as 2018

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January 04, 2021, 10:36:41 AM
 #43

Even the bitcoin price hasn't hit 35k yet but today we are getting a decline, whether it's just a normal correction or a dumping. I think it will be a panic that will trigger the situation even worse, I personally still haven't sold anything so far and hopefully this is just a normal correction that occurs before it spikes higher to reach 40k or higher.

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January 04, 2021, 11:12:49 AM
 #44

Being a trader or investor that always trades alts and bitcoins, we have to be very careful when choosing the right time to buy and the right time to sell. We have to always weigh in our options and be very vigilant in taking risks. We don't know if the events leading to the 2018 correction would repeat itself but we have to check the signs. Right now all we see are people trying to catch up with the Bitcoin craze. And we all to well know, that one comes up, might go down.

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