Can Bitcoin Crash?

[Innerpumper]

Anything can happen in cryptocurrencies. If talking about bitcoin can be destroyed , of course the problem is that many investors already believe in bitcoin to make the fundamentals of bitcoin is very strong and not easy to destroy.

[Yamifoud]

We wanted to see the market crashing, which only happened when these investors permit. I never think that close to the possibility.
We surely have a sideways trend which normally happens but as we are waiting for a huge market correction, that something not known to everyone. As many people said, we are not in control of the market, and that we only live into pure speculation for what is incoming.

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But on the April tax deadline, there might be a slight pullback before institutions keep buying Bitcoin that would start another bull run wave. Just my opinion.

Have anyone knows if we need to pay taxes when we are holding cryptos? Maybe Fiat money, but not for crypto holders.
I'd find this also a reason why some big companies are into crypto to save from paying huge taxes.

[akirasendo17]

The market crash a few years ago is a lot different in the situation today if they are thinking of bitcoin to crash, since the pandemic the call for the use of cryptocurrency is very important, and since people are at home, bitcoin became more popular, tech giants and other company, realize how important bitcoin, Elon musk, for example, big companies are now exploring bitcoin and other possibilities so the crash that what other people that they are expecting is not gonna happen, it may go down a bit, for sure but I don't think it will crash this time.

[UserU]

At this current price point, even 10K seems "cheap" or a good discount compared to last year before the bull run when it was like creeping between 7 - 8K. Felt like that was a tad too high.

Guess the 2018 crash really shaped the market.

[Janation]

I don't think it will be crashing anytime soon.

There are a lot of times that dumps happened but it just came back up. That just proves that it can just dump and come back up. I agree that when we talk about the crash, that means no demand at all but with what we have right now, I don't think that is just possible. At this point, crash seems so impossible to me to happen.

[Sled]

Bitcoin has been around for quite some time, since 2009 to be exact - but it is only over the past few years that it has garnered the attention it deserves.

The media and critics are always quick to jump on any movement Bitcoin occurs, but can Bitcoin actually crash?

Take a look at this article, its summed up quite nicely: https://4king.com/can-bitcoin-crash/

Dumps can't be ignored, we have this scenario not once, but it all come today or the other day, and so the pumps.

It is either the news is fake or legit, they have something to contribute to the changes. But I don't give a big shot to them because they are more toxic than in real life. If we keep believing them, we are letting these people dictate what we are going to do.

[bitterguy28]

Bitcoin has been around for quite some time, since 2009 to be exact - but it is only over the past few years that it has garnered the attention it deserves.

The media and critics are always quick to jump on any movement Bitcoin occurs, but can Bitcoin actually crash?

Take a look at this article, its summed up quite nicely: https://4king.com/can-bitcoin-crash/

No you are wrong because Bitcoin had been gathering attention year and year since the creation so meaning in the last almost 12 years Bitcoin climb too High now.

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Asking about crashing ? if you are pointing to becoming zero value nope that is impossible because there are already bitcoin that cannot be tracked meaning lost in the air and this is a sure value already.

But if downing large ? it happened last year , falling down to more than a Hundred percent .