Wait for the dump

[Pokapoka124]

Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?

[kram31]

Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?

The dumping now is done I think in my own perception, time to buy due to Bitcoin price value will kick it's price for sure once more in the
market. Now, about if Bitcoin will reach 100k$ each, it could be maybe or maybe not, depending in the plan of the whale manipulators who believe in Bitcoin.

[bassbity]

The dumping of Bitcoin has been under way, but it hasn't been a full day, meaning if we look back at how at the time of the increase in bitcoin which took almost a month, the dumping will continue for the next few days. or vice versa by deliberately collecting the pump? I'm still not sure. Until this very second we have seen a very unexpected disposal of prices.

[jimmy55]

It would be smart to take a little profit but there's no indication the rise is over.  Just HODL and you'll eventually be OK

[teosanru]

I still see this as a correction. We have seen around 8-10 completely green weeks now around 20-25% dump from the All-time high looks pretty much like a correction. But yes if you see the 2017 scenario at that time too people said that this is merely a correction but went on to a big dump for a long time. But at this point market is too choppy with huge volumes and it doesn't make sense to enter and exit the market in this scenario. What an intelligent person would do is either keep on holding if he does not need money any time soon. Otherwise, sell everything at this point and buy if you see some bull trend coming again. You might lose somewhat on BTC but will gain in dollars.

[milewilda]

Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?

No one knows and ive been really expecting with these kind of threads on having this kind of headline where people do tend to talk about similar events
that do happen in the past.Well, i cant really blame off those people though because we cant really remove on someones mind on what they had able
to experienced in the past.We wont know if we would really be heading there again for this year or we would really be crashing that hard just like before.
Dropping 20-30% isnt really something that you would really scream on because this had been a typical drop that can happen anytime.

[AakZaki]

Flash dumps make everyone panic and sell assets suddenly. But this will certainly have an end. The price still seems unable to break the $ 30k mark and there is a bounce in that price. However, if the price continues to dump, it seems that it will go deeper. Wait and see.

It is possible to hit the $ 100k price tag. Everything that can happen in the cryptocurrency world, even the current dump is beyond expectations.

[blockman]

Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that.

Too far from repeating 2017. The lowest was $32,000 and that's still another ATH.

What do you guys think? $100k still happening this year?

I'll give it time for that price to happen and will wait if that's possible for this year. The only thing that we can do today is to hold while waiting for it to break again those price barriers in $43k and onwards.

[ReiMomo]

Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?

Whether it will repeat or not at least you must be prepared at all time and make it sure you have invested the amount that you can afford. I can give an exact answer because even me, I don't know where the bitcoin price goes on. But I have FAITH that bitcoin will have again a new ATH and $100k is possible to achieve from time to time.

The was a correction I guess, some whales playing in the market. I don't see any reason that bitcoin will go down, there are different good news recently that I have heard, so it is impossible to go down below $20k or repeat what happens on the year 2017.

[youdacapt]

Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?

Reality about trading and investing is that waiting for the dump has little effect; the true question is that do you know when to buy, invest in tokens ? You need to develop your skills because waiting for the dump alone does not mean an avenue to invest right. You have to know and be able to identify the right entry.

[chaser15]

Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?

You have to relax. We saw a big dump but still ended on around $30,000 which is just a dream price before.

And you also have to expect that a big dump might happen soon especially when the BTC price is skyrocketing.

Don't focus on thinking of a $100,000 price this year. The price will go there soon.

[Fatunad]

Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?

You have to relax. We saw a big dump but still ended on around $30,000 which is just a dream price before.

And you also have to expect that a big dump might happen soon especially when the BTC price is skyrocketing.

Don't focus on thinking of a $100,000 price this year. The price will go there soon.

People are way too impatient on things thats why when they do saw some small dumps then they do already tell up to their minds that we are already on a crash
but the current price had proved out that we are holding strong into 30k+ levels which is really great.

I do also have some thoughts and feelings that  we might be seeing 20k price point once again basing of on the level or intensity of price decrease.

For those who do able to enter the lowest price point then they are making money as of this moment.

[wxa7115]

Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?

This has been nowhere near as bad as what we saw in March of 2020 so I do not think the pandemic has anything to do with this, this is simply a much needed correction, if you took a look at almost any indicator they were signalling the same thing, that bitcoin was overbought, eventually some people decided to listen to the indicators which made the demand drop and with it the price, what we are seeing now is way more healthy and we could remain at the current levels for some time.

Which is not as bad as I think we all need a break since I cannot keep watching the markets as much as I have been doing recently as it seemed every single day brought a new ATH.

[famososMuertos]

...//...:

The emotions with these newly ATHs have the predictions on the surface, but bitcoin is always dumping in the individual intensity of each one of us, only at this moment the euphoria of the ATHs takes over the collective.

In my opinion, any price that does not fall for bitcoin below $ 30,000 this year is profit, we must not forget that we are just coming out of the stagnation of $ 20,000.

Last year a prediction in 100k had a very distant noise for many, but today even the skeptics do not see it as impossible.

[GreatArkansas]

I just found this chart on a random telegram channel. I am also looking forward to this. For the recent pump Bitcoin made from $20,000 up to $40,000, what if this is the starting of major correction for Bitcoin? This kind of dump of more than 10% becomes normal for Bitcoin for these past years.
For me, a 20% - 30% correction for this recent huge run on Bitcoin is acceptable. Bitcoin's price action is still healthy for me.

[BigBoy89]

Nope, it's not gonna repeat 2017. Now, the market conditions are completely different because you have institutional investors, global media coverage, and more. I find it normal, the price cannot go only in one direction.

[maydna]

The dump still happens, and it continues, but I am not hoping that the price will be at the same price in 2017-2018. But that could happen for the flash dump that can come to the market, and we need to be careful about that. If you want to use the situation to buy bitcoin at a lower price, you should set the alarm at a low price range, so you are not too late to place an order to buy. This year, reaching $100,000 will still hard for bitcoin because the price is still below $40,000 unless there is a big demand for purchase bitcoin at the market, which can help the price increase and break every higher price.

[YOSHIE]

Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?

In fact, during this pandemic, people believed more in digital currencies such as Bitcoin as the best alternative to investing in the future, Bitcoin encourages many people in this world to be the best choice.

Back in 2017, people didn't really believe in Bitcoin, so people were reluctant to invest, from several factors that are considered for the future and make a decision 80% of people in this world choose Bitcoin things that can be considered for future assets.

If, the remaining 20%, people will jump in to buy and believe that bitcoin is worth investing in, of course, Bitcoin in the future will not be $ 100k, it might break the $ 500k.
Example:
In the 80s, you still cook using wood, now you don't use wood anymore, you cook with electricity, in 2009 the price of Bitcoin was $ 0.08 per 1 Bitcoin, now 2021 the value of Bitcoin is $ 35,356, this is what will happen to Bitcoin in the future.

[$crypto$]

Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?

In fact, during this pandemic, people believed more in digital currencies such as Bitcoin as the best alternative to investing in the future, Bitcoin encourages many people in this world to be the best choice.

Back in 2017, people didn't really believe in Bitcoin, so people were reluctant to invest, from several factors that are considered for the future and make a decision 80% of people in this world choose Bitcoin things that can be considered for future assets.

If, the remaining 20%, people will jump in to buy and believe that bitcoin is worth investing in, of course, Bitcoin in the future will not be $ 100k, it might break the $ 500k.
Example:
In the 80s, you still cook using wood, now you don't use wood anymore, you cook with electricity, in 2009 the price of Bitcoin was $ 0.08 per 1 Bitcoin, now 2021 the value of Bitcoin is $ 35,356, this is what will happen to Bitcoin in the future.

In a situation like this people should not be in direct contact during transactions, so it is now the choice of digital currency as a transaction that is widely used in the world, this is increasing sharply because knowing this pandemic is good for bitcoin to be the best choice.

The pumping will still occur, many people think with the current increase it could be 100k higher, maybe more, but for sure this will be closer if overall bitcoin has a lot of demand, then it is not impossible that this will certainly happen which is clear every year in the future technology will be more sophisticated so digital transactions will be used the most compared to direct contact transactions.

The current value of bitcoin is 35k I assume yesterday's dumping is a bit of a correction and really won't be a bigger waste.

[Bitcoin577]

No bitcoin price will grow because this was huge dump of bitcoin ever from 40k to 33k. But at this time again pump to 35k and hope will raise to 40k again and 50 k will be the next goal.
Bitcoin price now very fast pumping and dumping. Nothing can say trade at this time is safe or not. But we can hope price will pump with huge margin. Lets see what happen