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Author Topic: Beware of 2018 BTC aftermath  (Read 295 times)
BayAngelo (OP)
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December 27, 2020, 09:26:50 AM
 #1

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

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December 27, 2020, 09:54:50 AM
 #2

It will always possible. The pullback or correction may happen very soon, but still we don't know at what price level.
There are some models on Bitcoin that some people using to identify what will happen or next action of Bitcoin.
Just like Bitcoin S2F model.
If you look on those numbers, it seems impossible for me, but if it will happen, it's gonna be huge for Bitcoin!

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December 27, 2020, 10:10:41 AM
 #3

It's not impossible not to happen by the way. A retracement is always healthy actually but who knows until we can see bitcoin fly. Many people are probably overwhelm with the bitcoin massive progress and some are probably fomoing with the hype but sell pressure will always be observed along the way. We need some healthy corrections to see a stable movement and not just pure bullish that leads to continuous dumping.



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December 27, 2020, 10:13:44 AM
 #4

No matter how long crypto uptrend goes bitcoin will soon start going down and down, this is what everyone should be prepared for because it will happen at one point in time, if you get caught in the bear market it may take you longer to recover just like those in 2017 did, bear market will soon take over

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December 27, 2020, 09:12:58 PM
 #5

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


Everything is possible but I find the current market conditions being totally different than 2018.

I'm still cautious as 2018 made me miserable, but at the same time, I'm much more optimistic than 2018.

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December 27, 2020, 09:17:20 PM
 #6

That’s gonna happen of course, we’ll see another big correction with Bitcoin but its hard to know what will be the bottom for this correction and when it will happen since the market continues to go up. If you are buying on this level, you have to monitor the market or else you’ll get trap. Its just a matter of time to see the corrections, be ready for that and don’t be greedy to wait for big prices, always know when to take profit.

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December 27, 2020, 09:20:59 PM
 #7

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


Difference with 2017-2018 is that we are not yet in parabolic phase yet so it's not yet comparable to 2018 imho. 2018 happening again would need another parabolic curve first. Retrace will happen but it most likely will happen way above 40k. BTC might as well hit $320k before next bear cycle happens. And if the btc dominance plays similarly we should see insane altseason as well.

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December 27, 2020, 09:30:23 PM
 #8

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
It is dropping as of this moment and that can be said as a medium drop after we surpass the other ATHs yesterday. $28k as the peak and while it's dropping at this time, it just entered back $25,900. It is no big deal if bitcoin goes back to $20,000. We're just hoping for that price weeks before Christmas  and it came into reality.

It's that good if bitcoin sticks to that price as the support. Remember that we've got one of the lowest for this year and bitcoin just jumped off to $20k++ prices. That's already an overwhelming skyrocket for bitcoin.

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December 27, 2020, 09:33:23 PM
 #9

We have to be more careful this time as we continue to create a new all time high because after this, we’ll see the correction again. I’m not enjoying the up trend that much since I’m not holding and I don’t have much bitcoin, maybe I’ll wait for the correction again before I start to buy Bitcoin, hope to do that next year.
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December 27, 2020, 10:03:47 PM
 #10

You can be pretty much 100% sure that Bitcoin will crash hard at some point, but no one knows when. This means that it would be stupid to do something like taking loans to invest in Bitcoin, because in worst case you'll have only a fraction of your money for repaying the debt.

Also, what this means for altcoins, is that they are in a much worse spot than Bitcoin - Bitcoin already greatly surpassed its ATH, while many alts are not even close to touching theirs - if Bitcoin crashes, there's no way alts will ever break their ATH.
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December 27, 2020, 11:00:11 PM
 #11

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.

Possible that XRP investors are shifting to bitcoin that's why the price keeps going up and reaching almost $28k yesterday.

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


Definitely, this market is a boom and bust, so there will come a time that a massive drop in price will have to happen. We can't just go on marching and setting new all time high, sooner or later the market will have to correct itself. But with the way institutions and big companies are investing on bitcoin, maybe we can see at least $30k to see a correction next year.

 
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December 27, 2020, 11:12:42 PM
 #12

Isn't that like a pattern when the Bitcoin price has reached a certain bullish point, and finally there will be a market correction? Either it's just market correction or it's time for the price to go down so that the price dumps onto the bear market again. This happened in the past years too. Therefore, of course, with this past experience, we should have become more vigilant, careful, and prepared for various possible dump prices going forward.

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December 27, 2020, 11:21:01 PM
 #13

You can be pretty much 100% sure that Bitcoin will crash hard at some point, but no one knows when. This means that it would be stupid to do something like taking loans to invest in Bitcoin, because in worst case you'll have only a fraction of your money for repaying the debt.

Also, what this means for altcoins, is that they are in a much worse spot than Bitcoin - Bitcoin already greatly surpassed its ATH, while many alts are not even close to touching theirs - if Bitcoin crashes, there's no way alts will ever break their ATH.

Isnt it too soon to predict bitcoin crash? When i see the graph of Bitcoin i see there's possible schema that Bitcoin will have sideways season soon, so ALT will have their time to rise up

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December 28, 2020, 12:46:52 AM
 #14

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

Sooner or later the market will be correction, this has to happen for the trend to continue, I believe bitcoin correction could hit below $20000, but I'm not sure if this increase will be the last as the bull market is just starting out, so don't worry if the correction is deep.
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December 28, 2020, 01:18:49 AM
 #15

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


In a highly volatile market, the possibility of correction, dip, and a crash is always there, always follow the market always take profit when you see the opportunity and cut your losses when something is not going right, don't be 100% sure so far market is good but we don't know for how long we all wish the ride will be long this time around.

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December 28, 2020, 01:53:51 AM
 #16

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


Everything is possible but I find the current market conditions being totally different than 2018.

I'm still cautious as 2018 made me miserable, but at the same time, I'm much more optimistic than 2018.


It's just because there are some institutional investors have joined in bitcoin market didn mean the bitcoin market will be going even higher without any correction or pullback.
The market can get the reversal trend anytime. You must see that the same thing happened a few years ago and so many people got dumped by the whales in a few hours. It looks like this time bitcoin is still so stable but we don't know what will be happening for sure at the end of january

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December 28, 2020, 02:00:22 AM
 #17

everyone nobody knows what will happen in the future. but I'm always careful, in making decisions. I don't think it will end like 2018. There might be a correction, but it's not that deep. and sooner or later the price will get better again. This is what I believe in the future.
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December 28, 2020, 02:28:37 AM
 #18

Of course there will always be a correction in the market. And perhaps those xrp dumpers are really behind these bullish trend of bitcoin. However, as an investor we shouldn't be greedy enough as 2018 scenario may possibly happen again so having a back up plan is always necessary.

Remember that it's not always the boom moment for btc and it is better if we are ready enough to take all the possible huge crash in the future.
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December 28, 2020, 06:39:12 AM
 #19

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


Everything is possible but I find the current market conditions being totally different than 2018.

I'm still cautious as 2018 made me miserable, but at the same time, I'm much more optimistic than 2018.


It's just because there are some institutional investors have joined in bitcoin market didn mean the bitcoin market will be going even higher without any correction or pullback.
The market can get the reversal trend anytime. You must see that the same thing happened a few years ago and so many people got dumped by the whales in a few hours. It looks like this time bitcoin is still so stable but we don't know what will be happening for sure at the end of january
It is true that Bitcoin price will be correction at any time, but for now Bitcoin price is expected to continue pump slowly because from the data and movement patterns of Bitcoin, after it has broken the previous all-time high, it will continue to pump aggressively as happened in previous years.
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December 28, 2020, 06:43:48 AM
 #20

Some people will be carried away by the present bullrun, they will think it's going to be like this for a very long time, the truth is you won't see it coming when bears will take over and bitcoin will start going down but right now isn't the time because altcoins season haven't start yet, whales will still pump altcoins too
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