Will Bitcoin do the same scenario in 2018 ?

[bitgolden]

i am wondering if Bitcoin will fall again like it happened in 2018 after the Bull run !
even in this time the price raised too much faster in shorter time.
last two days Bitcoin price felt 10000 $
i know that some news affect the market, but should we sell now in this panic ! or should we hold  
i am a little bit confused

No its possible but not for now this is not 2018 anymore its 2021 last 2018 theres no Elon Musk promoting bitcoin today many celebrities joined the party and many still will join for sure so bitcoin will become out of supply and no chance a repeat like what happens in 2018 wait till the end of the year and $100k will be the new support.  

Yeah, it seems less possibilities for same scenario of bear markets to repeat in 2022. But at the same times, we cannot expect big corporates and intuitions to continue their holding of bitcoins forever. So, anything may happen; that is the reality of financial world against individual investors. Please remember intuitions are just investors and definitely not long term adopters.

I agree many celebrities are these days talk about bitcoin and other cryptocurrencies which will definitely lead many new people to be on board but I doubt that will be enough to balance those corporate/intuition investors' profit booking levels at the end of this year or after a considerable final ATH of this cycle.

[peter0425]

i am wondering if Bitcoin will fall again like it happened in 2018 after the Bull run !
even in this time the price raised too much faster in shorter time.
last two days Bitcoin price felt 10000 $
i know that some news affect the market, but should we sell now in this panic ! or should we hold 
i am a little bit confused
 

Not a chance mate because now there is already an altcoin season happening yet Bitcoin stays stronger so i believe that scenario of 2021 will never become scenario of 2018.

What happened in 2018 is different from what happened in 2020-2021, back in 2018 there were less institutional investors that are buying bitcoin because it was still unknown or they still don't find it worth investing and the prices dropped in January and now look at 2021, the price is stagnating but it didn't dumped altogether.

meaning what we have in market in 2018 is manipulators not like now that there is a real investors in the house.

[FanEagle]

every year, the potential of bitcoin and other altcoins will always be different. in 2018 was very different from the year we currently have. We all know that currently there are very many large investors who believe in bitcoin technology. whereas in the previous year, the impetus for cry [tp only lies in a few pushes such as the popularity of ICOs, and the halving. I'm pretty sure that the conditions will be different from the previous year.

Let people think whatever they want to believe. If they think bitcoin will go down, they will sell, when they sell we will buy from cheaper and get richer . That is why I do not mind people who keep saying that we are in a bubble, because I believe even if they say whatever they want, a bubble, ponzi, crash, whatever they want to say, in the end we are going to make the profits and not them (if they act according to what they say.

This is why I do not mind the Fudders, let them fud as much as they can, it is not going to work and will only hurt them. I also believe that anyone who believes bitcoin will go down, secretly wants it to go down so that they can buy more, that is the only reason that anyone would want it to go down, anyone who holds bitcoin wouldn't want it to go down so that means there are people who create fud so that it goes down and they can buy more.

[Twinscoin2017]

i am wondering if Bitcoin will fall again like it happened in 2018 after the Bull run !
even in this time the price raised too much faster in shorter time.
last two days Bitcoin price felt 10000 $
i know that some news affect the market, but should we sell now in this panic ! or should we hold 
i am a little bit confused
 

Crypto market is always changing and pump and dump is not new to us, after the bullrun there is always a big dip, the problem there is we don't know when that dip come. If only we know when the pump and when that dip will happens maybe crypto is become more way of making profit but it is not. That is why we need patience and we need to control our self emotion.

[teosanru]

i am wondering if Bitcoin will fall again like it happened in 2018 after the Bull run !
even in this time the price raised too much faster in shorter time.
last two days Bitcoin price felt 10000 $
i know that some news affect the market, but should we sell now in this panic ! or should we hold 
i am a little bit confused
 

Obviously yes, the Market can never go in just one direction no matter how good the coin or how good the project is it's human sentiments that come into play. People would eventually try to book some profits leading to correction in the market. The scenario of 2018 would definitely be repeated as soon as we see a correction. Market Ideally moves in a 45-degree angle and corrects itself whenever it is above that. Currently on weekly as well as month Market is too bullish so obviously, things will be corrected. But yes one thing is almost sure that after that crash or correction whatever you say it there would be another 2021 like boom. This is how things have always been bull run has to eventually end for the bears to take in and bear run would eventually end too.

[Mahanton]

i am wondering if Bitcoin will fall again like it happened in 2018 after the Bull run !
even in this time the price raised too much faster in shorter time.
last two days Bitcoin price felt 10000 $
i know that some news affect the market, but should we sell now in this panic ! or should we hold 
i am a little bit confused
 

Crypto market is always changing and pump and dump is not new to us, after the bullrun there is always a big dip, the problem there is we don't know when that dip come. If only we know when the pump and when that dip will happens maybe crypto is become more way of making profit but it is not. That is why we need patience and we need to control our self emotion.

If things turns out to be predictable then majority of us are rich now and making money and that one isnt really called a market since everything can be profitable and we know that it is impossible
to happen.Talking about similar scenario then it would be always a different story because adoption level wont really be similar as the years passed by.So better to look for those factors
if you do really mind off about price potential but due to unpredictability then this wont be an easy job.Thing here is you do know on when to get in and when to get out.
It might sound easy but its not but with due experience you can able to handle it out.

[BuNga_cute]

i am wondering if Bitcoin will fall again like it happened in 2018 after the Bull run !
even in this time the price raised too much faster in shorter time.
last two days Bitcoin price felt 10000 $
i know that some news affect the market, but should we sell now in this panic ! or should we hold 
i am a little bit confused
 

Crypto market is always changing and pump and dump is not new to us, after the bullrun there is always a big dip, the problem there is we don't know when that dip come. If only we know when the pump and when that dip will happens maybe crypto is become more way of making profit but it is not. That is why we need patience and we need to control our self emotion.

What's interesting about cryptocurrency is its unpredictable price movements, as you said the crypto market can change drastically.
Therefore, patience is needed to control emotions when investing in crypto, we do have to frequently analyze the market. In order
to identify which direction the price is going, but most people are impatient. So usually it is too fast to enter the market,
and too fast to get out of the market. It's not easy to make profit from cryptocurrency.

[South Park]

What happened in 2018 is different from what happened in 2020-2021, back in 2018 there were less institutional investors that are buying bitcoin because it was still unknown or they still don't find it worth investing and the prices dropped in January and now look at 2021, the price is stagnating but it didn't dumped altogether.

That is all the difference in the world, it is true the price is not moving but the fact that we are still so close to the previous all time high and yet the price does not go away tell us everything that we need to know, this is not the top, this is not the end of the bull market, we still have a lot of room to grow, this is just one of those moments in which the market does not move and the whales use those moments to get even more coins and I think the rest of the people should do exactly the same as them.

[Saisher]

i am wondering if Bitcoin will fall again like it happened in 2018 after the Bull run !
even in this time the price raised too much faster in shorter time.

 

It's something that we have to see, many are asking if we'll experienced what we have experienced in the past, even if the scenario is very much different from what we have right now, the market movement behaves based on the motivation of investors, and investors are more supportive know because they are more experienced and well informed.

[fullhdpixel]

What happened in 2018 is different from what happened in 2020-2021, back in 2018 there were less institutional investors that are buying bitcoin because it was still unknown or they still don't find it worth investing and the prices dropped in January and now look at 2021, the price is stagnating but it didn't dumped altogether.

That is all the difference in the world, it is true the price is not moving but the fact that we are still so close to the previous all time high and yet the price does not go away tell us everything that we need to know, this is not the top, this is not the end of the bull market, we still have a lot of room to grow, this is just one of those moments in which the market does not move and the whales use those moments to get even more coins and I think the rest of the people should do exactly the same as them.

That really speaks to the situation doesn't it? I mean the fact that even after huge drops we still go back up to ATH price again and then eventually break it, have another huge crash, then go back and keep repeating this constantly really tells you all you need to know.

I get that bitcoin has increased a lot but ever since we broke over 50k for the first time, we haven't moved incredibly high, whereas altcoins did a huge increase, from 55%+ levels to under 45% the bitcoin dominance went down and that's all understandable as well because bitcoin price wasn't that shockingly different for the past month or two.

However with all of that in mind, it is still quite understandable if we are talking about bitcoin is not going down and going strong, it is not dropping and it is handling the drops very easily so that is a very important thing that we should realize.

[Asuspawer09]

i am wondering if Bitcoin will fall again like it happened in 2018 after the Bull run !
even in this time the price raised too much faster in shorter time.
last two days Bitcoin price felt 10000 $
i know that some news affect the market, but should we sell now in this panic ! or should we hold  
i am a little bit confused
 

It is expected to happen for sure because the market can just continue to pump at some point we are going to have a very big deep into it, especially because we've come from a long way from 20k$ ATH last time and then it just skyrocket at this 60k$ market price.

So there are so many newcomers now in bitcoin that are not used to seeing their investment go down in a big percentage, so having a big drop into bitcoin would definitely cause a panic sell for newbies. And then everything will follow and fall apart.

But at this time I don't think bitcoin is gonna drop to 3k$ I think it's impossible for bitcoin to drop at that price, so I guess around 20k$  was the lowest it could go. But the good thing here is after this drop bitcoin is gonna come back stronger and will reach x3 its current market cap or even more.

[fadhilz123]

Based on history maybe I will say YES, the huge dump will come because many old members will sell it because their mind is affected by history. But if we see the Bitcoin progress in this years that many huge institutions come, maybe a different scenario will happen, dump and pump in their hands

[arwin100]

Based on history maybe I will say YES, the huge dump will come because many old members will sell it because their mind is affected by history. But if we see the Bitcoin progress in this years that many huge institutions come, maybe a different scenario will happen, dump and pump in their hands

The old member we can say here is those whales who are buying more to support the market right now and if ther3's a dump I don't believe that it will be the same as 2018 since today we can say that bitcoin is so strong, maybe there will be a bear market came but I believe accumulators will fasterly buy cheap bitcoins since many now knows that it could possibly rise up to $100,000 per piece in future.

[tippytoes]

What happened in 2018 is different from what happened in 2020-2021, back in 2018 there were less institutional investors that are buying bitcoin because it was still unknown or they still don't find it worth investing and the prices dropped in January and now look at 2021, the price is stagnating but it didn't dumped altogether.

That is all the difference in the world, it is true the price is not moving but the fact that we are still so close to the previous all time high and yet the price does not go away tell us everything that we need to know, this is not the top, this is not the end of the bull market, we still have a lot of room to grow, this is just one of those moments in which the market does not move and the whales use those moments to get even more coins and I think the rest of the people should do exactly the same as them.

The scenario today is really different as compared to what was the situation in 2018. Nowadays, there are so many financial institutions that are already involved in this market. Not only these institutions but top and known companies which are openly announcing their participation in crypto market. Popular companies such as PayPal and Tesla also have crypto in their system already. And I believe, a lot more will follow on their path. So what we are seeing today is a very different adoption than years back. The foundation of use case is getting stronger for crypto.

[inanilujimi]

don't be confused dude, the 2018 scenario is not the same as what is happening today, don't panic about the decline in bitcoin and buy back if there is a decline of around 10%.
The market is currently getting stronger with many large companies investing in bitcoin and there is a possibility that it will continue to grow over time.

[South Park]

What happened in 2018 is different from what happened in 2020-2021, back in 2018 there were less institutional investors that are buying bitcoin because it was still unknown or they still don't find it worth investing and the prices dropped in January and now look at 2021, the price is stagnating but it didn't dumped altogether.

That is all the difference in the world, it is true the price is not moving but the fact that we are still so close to the previous all time high and yet the price does not go away tell us everything that we need to know, this is not the top, this is not the end of the bull market, we still have a lot of room to grow, this is just one of those moments in which the market does not move and the whales use those moments to get even more coins and I think the rest of the people should do exactly the same as them.

That really speaks to the situation doesn't it? I mean the fact that even after huge drops we still go back up to ATH price again and then eventually break it, have another huge crash, then go back and keep repeating this constantly really tells you all you need to know.

I get that bitcoin has increased a lot but ever since we broke over 50k for the first time, we haven't moved incredibly high, whereas altcoins did a huge increase, from 55%+ levels to under 45% the bitcoin dominance went down and that's all understandable as well because bitcoin price wasn't that shockingly different for the past month or two.

However with all of that in mind, it is still quite understandable if we are talking about bitcoin is not going down and going strong, it is not dropping and it is handling the drops very easily so that is a very important thing that we should realize.

It is true the performance of altcoins has been impressive during the last months but this was to be expected, altcoins had remained way behind bitcoin in terms of growth and the higher the price of bitcoin went the higher the chances that an altcoin season will eventually come, I am not worried about that because as soon as bitcoin begins to present positive moment a lot of that money will comeback to the market as the goal of most altcoin traders is to get more bitcoin than what they had before the altcoin season.

[Lanatsa]

What happened in 2018 is different from what happened in 2020-2021, back in 2018 there were less institutional investors that are buying bitcoin because it was still unknown or they still don't find it worth investing and the prices dropped in January and now look at 2021, the price is stagnating but it didn't dumped altogether.

That is all the difference in the world, it is true the price is not moving but the fact that we are still so close to the previous all time high and yet the price does not go away tell us everything that we need to know, this is not the top, this is not the end of the bull market, we still have a lot of room to grow, this is just one of those moments in which the market does not move and the whales use those moments to get even more coins and I think the rest of the people should do exactly the same as them.

That really speaks to the situation doesn't it? I mean the fact that even after huge drops we still go back up to ATH price again and then eventually break it, have another huge crash, then go back and keep repeating this constantly really tells you all you need to know.

I get that bitcoin has increased a lot but ever since we broke over 50k for the first time, we haven't moved incredibly high, whereas altcoins did a huge increase, from 55%+ levels to under 45% the bitcoin dominance went down and that's all understandable as well because bitcoin price wasn't that shockingly different for the past month or two.

However with all of that in mind, it is still quite understandable if we are talking about bitcoin is not going down and going strong, it is not dropping and it is handling the drops very easily so that is a very important thing that we should realize.

It is true the performance of altcoins has been impressive during the last months but this was to be expected, altcoins had remained way behind bitcoin in terms of growth and the higher the price of bitcoin went the higher the chances that an altcoin season will eventually come, I am not worried about that because as soon as bitcoin begins to present positive moment a lot of that money will comeback to the market as the goal of most altcoin traders is to get more bitcoin than what they had before the altcoin season.

Circulation would always be there and there are specific time on when it would happen and you can really determine basing off with dominance and current market condition.

There's some flip out when it comes to that this is why  we should really prepare on what would happen and make yourself to enter or exit depending on the situation.

Asking out if Bitcoin would do the same scenario in 2018? No one knows but basing with the current adoption then its really hard to believe on.

[monineklutak]

Bitcoin dominance continues to decline and may drop to below 40%, of course this is good for altcoins, but bad for Bitcoin,
this clearly indicates that many bitcoin holders have left or may have sold Bitcoin, because it seems that many bitcoins are in exchange,
be careful the cycle might be repeated again, after the bulls are sure to bear to come

[South Park]

Bitcoin dominance continues to decline and may drop to below 40%, of course this is good for altcoins, but bad for Bitcoin,
this clearly indicates that many bitcoin holders have left or may have sold Bitcoin, because it seems that many bitcoins are in exchange,
be careful the cycle might be repeated again, after the bulls are sure to bear to come

The difference now is that even now the amount of bitcoin that is in exchanges is still going down, basically the ones that are holding a lot of coins have decided to do so on their wallets and they do not have any intention to sell their coins on the short term, and as long this is the case the price of bitcoin cannot go down that much, people are getting too excited with altcoins but as soon as the price begins to go down then a significant portion of that money is going to comeback to bitcoin and make the price increase once again.

[acener]

It had a price drop and it is still staying at that price I don't really know what to expect.
I don't know what to feel if it would repeat the 2018 scenario I would be excited and happy because we could now accumulate more at a low price, But I would also be scared and anxious that it would just stay low or continue to drop because of those who would quit.
But if it does repeat the 2018 scenario then I would try my best to accumulate as much as I could and hold it till the 2020 scenario repeat and create a new ATH.