Wait for the dump

[Miaallen]

The repeat of 2017 will definitely happen but it seems not this early. We could see Bitcoin fall with around $10,000 yesterday but it is coming up again and currently trading at above $35,000. The price will fall again but not like not below $15,000 and not this early.

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[sallybein987]

Back in the days, we can compare difference between 2017 and 2021 in BTC value changing.
We saw correction(app. 30%), now price will pumping. In closest future I believe in 45$ price.

[Renampun]

all we need to do right now is sit back and be ready...
'Dump' can happen at any time, without prior notification. we must be able to take advantage of the situation, buy when the price has started to fall because the bulls will definitely repeat themselves in the future.

[death69]

Many signs indicate that bitcoin will not make the same mistake like it was in 2017, at least for now. Understanding the market gives you a precise prediction and despite the furious uptrend recently, I assure that it is hard to make the price of bitcoin tremble since different types of investors are here together to put their hope in this single coin. Though it is still a chance for a big recession in the crypto market, don't be affright in accumulating more bitcoin cause it is the technology of the future.

[Fredomago]

Many signs indicate that bitcoin will not make the same mistake like it was in 2017, at least for now.

I agree to that, as there are many institutional investors now unlike  wayback 2017. Unless those institutional investors will dumped their assets for sure it will reflect to this current situation.

Understanding the market gives you a precise prediction and despite the furious uptrend recently, I assure that it is hard to make the price of bitcoin tremble since different types of investors are here together to put their hope in this single coin.

With more players who also have the capabilities to buy and hold those cheap assets, the current value may stand its barrier preventing the big damage in terms of its value.

Though it is still a chance for a big recession in the crypto market, don't be affright in accumulating more bitcoin cause it is the technology of the future.

Keep yourself  on track and never being bothered the chance of more pump is very possible as bitcoin already gained good support from more newcomers.

[Reid]

It just went back up to $35k.
I don't think this will be the same thing as in 2017. History won't repeat itself anymore.
People can see bitcoin now and the range it can go. Their investments will surely have something to go with rather than staying with banks.
The more it goes popular the higher chance we could achieve more supporters that will keep on holding.

[Cling18]

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?

There will surely be a correction and dump in the future but the ath this year is quite different from the ath last 2017. It has been unexpected and the price is quite unpredictable these days. For now, the price of Bitcoin is still in a good status, and every time it drops down, it rises again so I don't think it would drop its price too soon especially now that more people are recognizing and buying it regardless of its current price.

[giacatluong]

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?

Nothing is impossible, $100k isn't too high if we look at the bitcoin journey from the start. Covid in the previous year has been unable to stop bitcoin's momentum, conditions in 2021 are more favorable and it will go faster and faster.

[isaac_clarke22]

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?

Calm down. You're talking about Bitcoin and you know the price is quite unstable meaning there could probably be a lot of price correction that we never know when will happen.
I think nobody even expected that the 20k breach would happen as well as it got doubled when it got to 40k really fast.
100k this year? Who knows? It could be higher or lower.

[Pokapoka124]

Few days ago it is trying to dump and already it has dumped too much and now trying to much dump if market isn't try to break out 37k area then market will be dumped too much.

The market is highly manipulated. It's good to note that the same people that are driving the dip will also drive us to a new ATH

[Yatsan]

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?

It is too early to assume that the same thing will happen just like what happened way back 2017 and when the covid-19, strikes way back March 2020 to get into that dump price. Also the $100k is still just an expectation to make happen and we are still not that sure on that possibility to make happen this year. Although it is possible to make happen, we still do not know when it will occur. Since Bitcoin have dumped in terms of its price coming from $40,000 down to $34,000+ the last time I check it is a good thing to purchase or invest now into Bitcoin for once it regain from its dump it will sure to give you profit. Take this opportunity while it is still on its low price rather than getting into panic because of the dump.

[sheenshane]

Since Bitcoin have dumped in terms of its price coming from $40,000 down to $34,000+ the last time I check it is a good thing to purchase or invest now into Bitcoin for once it regain from its dump it will sure to give you profit. Take this opportunity while it is still on its low price rather than getting into panic because of the dump.

I tend to agree, it is easy to say, just sell high price and buy low but the fact is you don't know when is the exact time frame of executing the buy and sell.
For now, there's nothing we can do is to wait when it will pump if you have already invested in Bitcoin, but if you're planning to invest, this is the right time for that while market having a small correction.  

But it doesn't mean we aren't in a healthy market, just a whale trying to manipulate the market by selling their big share and wait when they will re-invest again, IMO.

Remember that panic sellers will always a loser.

[Rengga Jati]

Is it dumping or market correction? Because Bitcoin is still progressing, this only fell for the market correction and can raise up in only one day again. In this case, what you must do is:
"do not panic".

Panic will only bring you to lose all of your funds. Be patient about the market correction. The market cannot be stable enough and it is always fluctuating, So, we can find how to be patient and wise in buying and also selling Bitcoin itself.

[thaRiddla]

I'm "hoping" for it to go under $30K just to buy more.

[yhiaali3]

I do not think that $100k will happen this year for the price of Bitcoin, but at the same time I do not think that the scenario of 2017-2018 will be repeated in the same way because it is different now than the situation was at that time, in 2017 the market was dependent on the movement of individuals. Many founding players have entered the market where large institutions have bought large quantities of Bitcoin and have become a major player in the market, and in my opinion, it is in the interest of these institutions that the price of Bitcoin does not collapse.

[lepbagong]

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?

Remember when in early 2018 after a few weeks before bitcoin created its newest ATH, there was a decline in bitcoin and it was unstoppable, but the incident was not the same as this year even though there was an annual correction but it was still in a fairly stable position. so for me bitcoin is still safe enough to be able to move at any time to increase.

not necessarily bitcoin will repeat it again like in 2017, especially now that Bitcoin is still on trendline support and holding up well,
meaning Bitcoin is still on a bullish path, but if the price of Bitcoin drops below $ 30k, there may be a real bubble.

right friend, bitcoin will not experience when 2018 happens.
we know that bitcoin continues to move up and down with a very high value and has stopped at this time. it's a pretty steady movement right now and there's no need to worry.
bitcoin will still be creating its newest ATH this year and it might be fantastic.

[Shubh7668]

Right now it may can take correction about 20000$ as it is forming head and shoulder pattern.
But if it stays above 35000-36000$ then it will go upto 50000$

[Betaj00]

Three days ago Per Bitcoin price was 41k usd, but on this time we know the current bitcoin price, it has big dump, now per bitcoin price is 34k+ usd. It’s has big changes Between some days. I think Its price will not be more less, bitcoin price will not go below 30k usd.

[Stedsm]

I got to know that the dump happened because of a bug that took place at coinbase where only sell orders were taking place, and so coinbase being a highly reputed exchange, others felt the heat of it by seeing the dump taking place everywhere. Need not to panic but I believe this area of $30k-$36k is crucial and should either hold or broken up to continue this parabolic bull run.

[CryptocurencyKing]

With the lots of commotion in the world today, i'll barely saying bitcoin would be experiencing any significant dump as these creates lots of awareness for bitcoin. The first wave of the covid came with a withdrawal perception in the minds of investors of which they realized in time that, withdrawal wasn't the best way to take advantage of the situation that's why, in the second wave, despite similar circumstances, bitcoin still continues to pump. It might experience a little dump, but it will pump for sure, maybe slowly.