Will there be a massive BTC dump?

[Fredomago]

We can never tell but assuing the differences between the last time bull and what's happening right now, There are adoptions that taking place and with the pandemic people realized those good benefits from this investment currency, some start to use it as regular payment transactions other used it as a tool for investment. With this, wide acceptance make things differently as usages brings more possible investors.

Maasive dumed can't be removed from the picture but again with how things are getting adopted, there are new people around who can
back it up and create a good barrier. We might see new high before or after this year make sure to take your own studies to timingly position your investment.

[1714635623]

1714635623

[1714635623]

1714635623

[Ridwan Fauzi]

As strong bitcoin rally continues and we may see ATH soon do you think there will be a massive retracement as well? I think current rally is different from 2017, bitcoin became more mature with support of big and smart money so I don't anticipate major price rop.

A correction will always comes, we can't avoid it. But now, bitcoin still in a good uptrend and seem like it will increase first like most trader want and then we will see a big correction due to panic selling.

Indeed, bitcoin is mature now, it has been ten years and still has a value even the previous all time will be reached again. This is pointed out that we don't need a fear anymore to hold bitcoin as long as we can.

Yeah, a few years ago we always afraid to hold bitcoin for long term investment because we always see bitcoin never touch its all time high, but now it will be different and I just hope there will be many invetsor who buy for long term investment.

[goinmerry]

As strong bitcoin rally continues and we may see ATH soon do you think there will be a massive retracement as well? I think current rally is different from 2017, bitcoin became more mature with support of big and smart money so I don't anticipate major price rop.

Just as you said, bitcoin becomes more mature with a strong foundation.

We are seeing a fast phase moving forward but not the same as in 2017 where the bubble just keeps growing without support but just a product of hype. Today, there are lots of reasons we can consider why a big hit like this happened.

Another ATH will surely be coming soon.

[Oasisman]

As strong bitcoin rally continues and we may see ATH soon do you think there will be a massive retracement as well? I think current rally is different from 2017, bitcoin became more mature with support of big and smart money so I don't anticipate major price rop.

This current rally is indeed different from the 2017, because Btc is the only crypto that made a huge rise today. The top alts remains in a slow rise probably caused by Btc's pump. And when there's a huge pump, a huge dump will also be expected when people starts selling their bags massively, which nobody knows when will it happen. Though most probably a lot of investors maybe waiting to break a new ATH before selling, but there might be some who's hodling till in reaches $50k or $100k.

[crzy]

As strong bitcoin rally continues and we may see ATH soon do you think there will be a massive retracement as well? I think current rally is different from 2017, bitcoin became more mature with support of big and smart money so I don't anticipate major price rop.

I’m not being negative here but always expect corrections and always expect for the price to go down again because this is how the market works, Bitcoin can’t go up straight without experiencing any dump. I know we are happy to see the price pumping again but I’m also aware that the price is about to drop any moment from now, hopefully not less than $15k again, correction is coming.

[Saisher]

As strong bitcoin rally continues and we may see ATH soon do you think there will be a massive retracement as well? I think current rally is different from 2017, bitcoin became more mature with support of big and smart money so I don't anticipate major price rop.

We should be, we should learned the lesson of 2017 and the price should move forward without fear in crashing because we just have reached another milestone, it's  very much different from 2017 to our present situation, so I don't see the price crashing after it hit another all time high, after we hit another all time high, the price will continue to move forward.

[Inkdatar]

For the longest time, finally bitcoin touched above $17k and the correction always in touch with bitcoin as expected but not a massive dump. As we can see the trend is further strong and it may possible to continue the price to soar in the market. Who knows? The volatility in bitcoin is very strong and no one can give an accurate price to what will happen in the coming days. Seeing the current price is really good to us who waits for this to happen in bitcoin.

[philipma1957]

No massive dump until we reach 25k-30k zone.

[LogitechMouse]

Will there be a dump?? Yes there will be.
Will the dump be massive (like what happened in March)? I don't think so.

Corrections and dumps are needed in every market and that would be better than making a parabolic rise and no corrections at all. See what happened last 2017 where Bitcoin just rise and rise and rise then at the start of 2018, Bitcoin fell like an airplane falling to the ground. It went down very hard that most of the investors are just crying and regretting why they bought Bitcoin at that time.

The rise of Bitcoin is inevitable but expect dumps to happen. A massive dump will happen but I don't think that it will be this time. Short corrections/consolidations will happen anytime soon.

[maxreish]

We can't really tell about the massive drop. But what scares me is to bitcoin to go steady with the price and will suddenly dump like before. Which is not happening yet because it is increasing smoothly and resistance level of $17k actually broken which tells that it can go further higher up to $19k or $20k level.

[Poker Player]

I haven't seen any predictions saying that there will be a massive dump, at least until we clearly pass the $20k mark. But predictions can fail, who knows. Maybe if massive lockdowns are imposed worldwide it will happens like in March again, that could be one trigger. Although even in that scenario it could be possible that many assets like stocks go down while bitcoin still goes up, it seems to be in a non-stop tendency to break the last ATH.

[exstasie]

I haven't seen any predictions saying that there will be a massive dump, at least until we clearly pass the $20k mark.

Yep, I figured there would be more denial by now, more bears calling tops all the way up. Masterluc tried a couple times, but that's about it. I don't even recall any trolls opening FUD threads in Speculation recently. Makes me wonder if sentiment is a tad too bullish to pass $20K just yet.....

[Hasmizara]

It is very difficult to predict how much BTC will actually dump. With the increase in investment, the demand for BTC is increasing and no one can predict its future. BTC has come down a few times before but prices are rising. Even if the next lockdown is given, the chances of BTC being affected are much less. Depending on the BTC market. And many investors have taken steps to overcome the ensuing crisis. it is more likely to be pumped than dump.

[kentrolla]

Yes there are more chances for dump also we have experienced this issue after the massive pump in 2017 the price went down so cheaply, now the market liquidity and demand is high most probably after New year the price may go down because the demand will slowly go down pump and corrections are common in market and this is just an assumption. No one in the world can figure out the accurate price of any crypto so let's enjoy the price moment for now.

[lifeOK]

I think Bitcoin is more stronger than any time before. In case you're expecting a 2018 sort dump, I think you'll be frustrated this time around. This time it’s a lot less hype, and more because people understand bitcoin. I might be wrong but looks like dump must be taken place.

[davinchi]

We don't know, we can't know. There is no way to know who will sell or not, bitcoin has millions of people involved nowadays and it is impossible to know if they will all sell or they will all buy or if some rich bitcoin guy will sell all of his, not like they call me and ask me before they sell it, nobody lets me know beforehand via email or message, so I can't know what will happen.

If they let you know please let me know right after so I can make moves before the market as well, but I doubt they let you know neither. At the end of the day there are moves where it changes the market drastically, sometimes it is a dump, sometimes it is a pump but we only get to learn about it when it happens and we just see it, we never really predict whats going to happen with any data backing it up, we just make it up.

[palle11]

No massive dump until we reach 25k-30k zone.

Lol any analysis or graph chart to support your saying 
To me it is a longtime price for such dump. Don't be surprise that the price won't get close for that to happen but I'm expecting 20,000 to be the mark because of the first experience at least.

[dragonvsandroid]

I haven't seen any predictions saying that there will be a massive dump, at least until we clearly pass the $20k mark.

Yep, I figured there would be more denial by now, more bears calling tops all the way up. Masterluc tried a couple times, but that's about it. I don't even recall any trolls opening FUD threads in Speculation recently. Makes me wonder if sentiment is a tad too bullish to pass $20K just yet.....

I've been referencing a pull-back to anywhere between 12-14K, or higher if we reach 20K. Definitely expecting a deep ish correction (25-35%). If price rallies further, the deeper it will be imo. No TA to back this up though, apart from correcting from a parabolic move (as per usual no?).

[milewilda]

No massive dump until we reach 25k-30k zone.

Lol any analysis or graph chart to support your saying 
To me it is a longtime price for such dump. Don't be surprise that the price won't get close for that to happen but I'm expecting 20,000 to be the mark because of the first experience at least.

We do already learn from the past experience thats why we do presume that it will happen when we do able to hit the rooftop and its neither
we do have a breakout or would be having a big rejection and might happen to those things that had happened in the past but i do saw that price
is somewhat stronger and have lots of support that can really catch up on the said dump.We can have inevitable correction which is a thing that cant really be
avoided since there would be always a selling point to those people who had invested with it.So we should always expect the unexpected.

[CODE200]

No massive dump until we reach 25k-30k zone.

Lol any analysis or graph chart to support your saying 
To me it is a longtime price for such dump. Don't be surprise that the price won't get close for that to happen but I'm expecting 20,000 to be the mark because of the first experience at least.

We do already learn from the past experience thats why we do presume that it will happen when we do able to hit the rooftop and its neither
we do have a breakout or would be having a big rejection and might happen to those things that had happened in the past but i do saw that price
is somewhat stronger and have lots of support that can really catch up on the said dump.We can have inevitable correction which is a thing that cant really be
avoided since there would be always a selling point to those people who had invested with it.So we should always expect the unexpected.

Correction is believed to occur when there is a rapid increase in its price within a period of time. But putting the situation in the past, it is indeed true that the ATH is still not broken from the previous years and that is why I am curious to how people easily make speculations that the market price will be above $50k USD. I do get the point that no one expected its price before to even touch the $10k USD mark, but still, assumptions will not alter its natural market price behavior so I think it is quite not beneficial to do so.

To not get too far, I do personally view that a correction might occur at the end of this year. To whether it will break the ATH record; no one really is certain of such thing. But I do more perceive its price as something which will not consistently increase.