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Author Topic: will bitcoin ever go down like 2018-2020  (Read 1345 times)
idk what to say (OP)
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July 26, 2021, 09:55:26 AM
 #1

so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?
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July 26, 2021, 10:04:27 AM
 #2

so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?
In my opinion, digital currency always has a decline, but I think it will not decrease like in 2018
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July 26, 2021, 10:12:24 AM
 #3

so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?

Did you check the current price? Bitcoin has been tearing, it has gained in the last 24 hours and trying to break $40k again.

But regarding your question, perhaps what you are saying is the bear market, of course, this market is very unpredictable and unstable and we have this so called cycles. But so far we are still in the bull run, so no one knows when is the next bear market.

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July 26, 2021, 10:26:41 AM
 #4

In my opinion, digital currency always has a decline, but I think it will not decrease like in 2018
You're right that there won't be any decline but I think there's still a possibility it could go down like in 2018, remember that bitcoin touched 19k at that time but it still crashed, not to mention that there are far more whales in the market compared back then and if they did a coordinated wave, they might be able to cause a crash like 2018, I don't think we are at the point where bitcoin is too big to go down, maybe some years from now it will be true but right now, I don't think it really is.
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July 26, 2021, 10:38:50 AM
 #5

Its not a news now, knowing that Bitcoin did very poorly in 2018, and at the end of 2020 we saw a drastic increase which got attentions of billionaires and investors, now I think this has given Bitcoin stability and I doubt if Bitcoin will ever fall badly as it did in 2018.
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July 26, 2021, 10:39:48 AM
Merited by 20kevin20 (1)
 #6

Answer to pretty much every single question concerning bitcoin's price: no one knows.

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July 26, 2021, 10:43:20 AM
 #7

so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?
What is the intention of this question ? if you are aiming to invest once that level reached then  you may never get the chance , because we already reached the bottom and that is below 30k and asking if the price will fall down again to 4 digits might be a negative expectation .

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July 26, 2021, 10:45:14 AM
 #8

Low, if you look at this year's all time high.

High, if you look at last year's price of bitcoin.

And to know if it will go down just as that period, there's no way to determine it.

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July 26, 2021, 11:01:44 AM
 #9

It's simply impossibel that the price will never drop significantly again in the next few months/years. Markets have cycles, there are cycles of crises as well and so there is a very high probability that Bitcoin will face at least one more significant drop in the long term. Whether that will last long, will be expected or not, will be -50% or -80% etc.. nobody can predict. We can only take a guess, but that has no substance and at the end of the day these "predictions" are just meaningless.
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July 26, 2021, 11:06:36 AM
 #10

More chances are there because as you can see from the market that the price of bitcoin is crossing $40k. And it will be the time when the history repeat itself because the bitcoin is the only coin due to which most of the coins gain their prices and loss their prices.

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July 26, 2021, 11:16:54 AM
 #11

so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?
Bitcoin is volatile and price pump and dump are normal while it is on the verge of going mainstream and they can go down like they went to $29k this month and now they are trading at $38k see this sudden rise in span of 24 hours ? So nobody could predict the prices for btc at certain level.They are not going way too much down if you are expecting the same.But time will clear your all doubts till then speculate.

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July 26, 2021, 11:54:13 AM
 #12

so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?

Let's get to the point, we all know that Bitcoin price is very volatile and regularly fluctuates daily, that's why no one knows exactly what will happen next And if you think that Bitcoin price will fluctuate more just like 2018-2020 respectively, well it's also possible because in crypto everything can happen, But as far as I know, base on all available data today, the Bitcoin price was returning to $40K price level again so I think Bitcoin price today is far from returning to what it was back in 2018-2020 price level.
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July 26, 2021, 12:23:24 PM
 #13

Are you trying to refer to 2018 in terms of the actual price at that time below $4,000 or in terms of the kind of deep at that time? If you are going back to $4,000, no I don't think so but again regarding fall in price, yes bitcoin has been falling since after Elon musk fud about bitcoin but currently, Amazon is starting to look in the direction of bitcoin which can lead to further bull back to high levels.
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July 26, 2021, 12:55:07 PM
 #14

I think this is not new news, I am very sure that everything in this forum will not know bitcoin will go down like 2018-2020, and no one will know when prices will rise again, because we know bitcoin is assets for the long term, so be smart to invest in bitcoin..
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July 26, 2021, 01:15:52 PM
 #15

In my opinion, if the price reach lower than 30k then it is low. But I think bitcoin still has big probability to reach 25k at this bearish market. so I still hold my fund and only buy if the price of bitcoin is between 30k - 25k depend on the progress of declining price of bitcoin. I am not an expert but if I permitted to give you a suggestion then I will say that maybe it will be better if you start buy using DCA method at 30k to 25k until October or November, I think after November bitcoin market has big probability to be bullish again.

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July 26, 2021, 01:17:39 PM
 #16

I don't think so. It can be only if a lot of countries will ban BTC and miners will stop mine it. But it's not likely to happen. BTC is always go in cicles but it's keep getting higher and higher and takes the higher floors too.
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July 26, 2021, 01:27:31 PM
 #17

there was no covid back in 2018 so the only way to see bullrun to come back is due to halving but now that there is many companies and institutions having BTC in their balance sheets, it may not go how it goes that time. the holders didnt even sell prices below 30k.

so much to profit when you think about BTC price breaking out to its ATH price.

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July 26, 2021, 01:48:27 PM
 #18

I think this question has been asked a lot from some time ago and I think you are too late to ask this.
and maybe this will look low if we look at the price of bitcoin a few months ago but it will be very high if we look at the previous years.
but if we look at the experience of 2018 I don't think this will be repeated for now because we see bitcoin support is still very strong and will not touch to severe numbers like 2018.
again, this is just a prediction, regardless of whether it will fall lower or rise again, no one knows about it, for sure make the best use of the bullrun time so you won't regret it later

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July 26, 2021, 01:49:54 PM
 #19

so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?

Up and down and up and down. The price will keep fluctuating by wide margins.
Will the price go down heavily again? Possibly.
Will the price go up to new ATH? Probably, sooner or later (!).
Are we at the low? I'd love to say that we have just passed the bottom, but actually I don't know and it's rather hard to tell. In Bitcoin investment patience is the key (and for that you should invest only money you afford to lose).

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July 26, 2021, 02:00:33 PM
 #20

for the price of bitcoin no one knows, even if it's the founder, everything will run in time we as traders follow the flow of the market direction and the bitcoin trend itself
and all hope bitcoin doesn't drop below 50k$

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