will bitcoin ever go down like 2018-2020

[ultrloa]

Really too far off to consider basing on the price that we had currently now.It might dumped but not really on the level on where we would really be heading back down.
Possibilities is there because this market is unpredictable but basing on the current trend and adoption rate then its really hard to consider that we would be going
down to those prices on where we had before into those times where we are just starting. Thing here as an investor is that you do know on when to consider on taking
step when you do see some chances.

Prices that time to now is way still far, many investors invested in 2020 during the pandemic and they new how volatile the market is yet many are entering crypto and buying bitcoin. There many institutions now who get involved in crupto andw. I doubt the price will go down or up. It will just be a matter of time where .adoption will happen and almost all big companies will join or accept it. It doesn't matter how mich the price can be, bit it will not be too low from 2018 dump.

Basically for now its hard for bitcoin to go down as the hype is now starting to build up since bitcoin already reached $50k and many people are now buying more to ride up since many speculates the target to reach at $60,000 - $10,00k again but we cannot deny the fact that price might still go down since price is so volatile and as I said earlier any big fuds could affect the price especially government forcing to shutdown its usage and other legal actions towards it. That's why we need more good news so that we cannot see this happen and we can enjoy the current market flow happening.

[rahmatrf331]

Bitcoin has gained great popularity now, compared to previous years. I don't think the price will go down again like in 2018. Although, prices are often volatile, no one knows if bitcoin will continue to bullrun or return to bearish. Bitcoin price is currently around $50k and often fluctuates between $47k and $50k. to go back down like 2018-2020, it's absolutely impossible.

[Vaculin]

I'm not 100% sure about the future of Bitcoin and nobody does but just seeing how the market moving, it was too different if we compared the days after 2017 Bullrun. I'd never seen any identical trend but seeing in the opposite direction, In fact, we haven't experienced huge dump instead, we are seeing the market price still at high.

I was to admit that I've been thinking this before but too good to see we're not. Well, I think everyone is happy about this.

[JohnBitCo]

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

We haven't seen the current bull run like that of 2017 when price of bitcoin skyrockets to 20,000$. If we see the same parabolic run where bitcoin prices go as high as 200,000 to 300,000$, then we will see a similar bear run. On the other hand, if it does not happen, bitcoin may not dump as hard as in 2018.

[South Park]

The numbers of people who wants to invest now with bitcoin is far better than those previous years.
Bitcoin reached the interest of institutional investors.

That's one big factor that Bitcoin is enjoying now, the popularity is more wider now and interest rate
is not just speculative but more on adopting this system.

We might no longer see those old sentiments but more on succeeding to this industry.

The main reason for that is that we became mainstream and nobody put a stop into it. I know not many new people know about this but 5 years ago and since the start there were a lot of talk about "is bitcoin really legal?" and that was the main reason many people were afraid of going in. When I got into a job in 2016 and they asked me what I do, I said I buy/sell crypto and mainly bitcoins, and they told me isn't that risky and dangerous and how can I say it so easily? Meaning they were thinking I was saying something illegal that I am doing, I told them it is perfectly legal and I even pay taxes on my income and they were shocked.

So, up until the 2017 peak times at 20k, there were a lot of people who thought crypto was something illegal. Nowadays we all know it is legal in many places and that is why I believe that we should not be really too shocked about it.

We must remember that at that time bitcoin was not as well known and news about the Silk Road were still very fresh in the minds of the people and even bitcoin was being portrayed in a few movies as this currency that hackers used to make their deals, so bitcoin at that time was still looked upon as this shady Internet currency that you wanted to stay away from, but things are changing and people are seeing for what it is, which the best currency of the world and one they are going to need to survive the next crisis.

[Shasha80]

~

With so many institutions investing long term in Bitcoin, especially since Bitcoin reached a price above $60k the popularity and demand
for Bitcoin has increased dramatically. This makes it difficult for Bitcoin to even drop below $20k, so like you said it's almost impossible to
see Bitcoin go down to $3000 again. I estimate very many rich people who collect Bitcoin, by buying Bitcoin regularly every Bitcoin has
a correction. So it is very unlikely that Bitcoin will go down like in 2018-2020.

The numbers of people who wants to invest now with bitcoin is far better than those previous years.
Bitcoin reached the interest of institutional investors.

That's one big factor that Bitcoin is enjoying now, the popularity is more wider now and interest rate
is not just speculative but more on adopting this system.

We might no longer see those old sentiments but more on succeeding to this industry.

If we study Bitcoin properly, we will realize that Bitcoin is developing very rapidly. Now that many large companies have joined for long-term
investment in Bitcoin, they do that must have done some research beforehand. If big companies start recognizing Bitcoin as an asset worth buying,
it looks like the future of Bitcoin will be even brighter. Moreover, in 2021 it is very clear that Bitcoin's performance is increasing due to
the increasing popularity of Bitcoin. Therefore the effect is a bullish trend almost throughout this year, for this reason, it is very reasonable to think
that the possibility of Bitcoin falling like 2018-2020 is very small. But knowing that Bitcoin is very volatile and is often affected by FUD circulating,
there is still the possibility to fall very deep, the most important thing is that we must be vigilant when deciding to invest in Bitcoin.

[Yamifoud]

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

We haven't seen the current bull run like that of 2017 when price of bitcoin skyrockets to 20,000$. If we see the same parabolic run where bitcoin prices go as high as 200,000 to 300,000$, then we will see a similar bear run. On the other hand, if it does not happen, bitcoin may not dump as hard as in 2018.

It has still become uncertain that we can never see it happening again but honestly, there is only a slim chance due to the continuous Bitcoin adoption and high market demand. If ever there is a huge correction that comes, that is really different from what we have experienced last 2018 bear season. But with this current market trend, it is more possible to increase its value than having it going down.

[BobK71]

Cryptocurrency or bitcoin is still an extremely volatile investment, prone to big swings in short timeframes. Still, everyday investors are crypto-curious.  A large number of investors engage in this platform which is much more form 2018-2020. As the investment is increasing then the price of bitcoin definitely also will increase. In this concern I think there is no way to go down like 2018 – 2020.

[Rabi3]

Cryptocurrency or bitcoin is still an extremely volatile investment, prone to big swings in short timeframes. Still, everyday investors are crypto-curious.  A large number of investors engage in this platform which is much more form 2018-2020. As the investment is increasing then the price of bitcoin definitely also will increase. In this concern I think there is no way to go down like 2018 – 2020.

a lot of investors joined in these past two years, and a lot of them are huge companies and huge celebs, this made bitcoin jump to surpass ATH easily, and as we can see now, it seems like we won't see a very big sudden dump of bitcoin's price, even though i wish that could happen and i don't think it's just me alone, so we can have another chance to buy at a very low price.

[Rajamuda]

Indeed, there will be several downside phases that will occur at a certain time, but it will not be similar to the previous years, the decline... will not result in a stable movement that continues down and even lower. We all know the popularity was increases, the demand increases, not to mention that now more companies have started accepting payments with Bitcoin, relating to the price fluctuations... I still believe it will be more likely looks to go high than the previous years.

[sikke]

Absolutely not.

The days of protracted bear markets in the crypto scene are gone, I think. We are finally getting the deserved institutional accreditation and global reserve currency status that will serve as a very important stabilising force going forward.

Sure, a correction is possible. But a bear market that lasts for 4 years isn't going to come no matter how long you keep waiting for imho.

[btc78]

Absolutely not.

The days of protracted bear markets in the crypto scene are gone, I think. We are finally getting the deserved institutional accreditation and global reserve currency status that will serve as a very important stabilising force going forward.

Sure, a correction is possible. But a bear market that lasts for 4 years isn't going to come no matter how long you keep waiting for imho.

we already thought of this before Covid 19 comes , we though that after all the dumping happens in the past we will be seeing a great market with strong position  , but what happened in march 2020?
is that what we can called a institutional accreditation ? i don't think so because market still panicking and moving down when there is the same scenario.

Cryptocurrency or bitcoin is still an extremely volatile investment, prone to big swings in short timeframes. Still, everyday investors are crypto-curious.  A large number of investors engage in this platform which is much more form 2018-2020. As the investment is increasing then the price of bitcoin definitely also will increase. In this concern I think there is no way to go down like 2018 – 2020.

if we had mentioned this after 2018 , but broken in 2020 so what more in the coming years if there is a much critical market than Covid 19 effect?

[South Park]

Cryptocurrency or bitcoin is still an extremely volatile investment, prone to big swings in short timeframes. Still, everyday investors are crypto-curious.  A large number of investors engage in this platform which is much more form 2018-2020. As the investment is increasing then the price of bitcoin definitely also will increase. In this concern I think there is no way to go down like 2018 – 2020.

That period of time commonly known as the crypto winter is probably not going to comeback, back then there were high expectations for this market and many thought that we are going to see worldwide adoption but it was too soon and as such the price crashed, now the price is close to 50k but more importantly there are estimates that put the number of users of cryptocurrencies at close to 100 million, I know that those metrics tend to be flawed but if we are anything close to that then the chances we see another period like that will be very low.

[MoneyBTC1981]

We might face BTC down, but not as low as it was in 2018...But BTC will surely hit $100k some day in future!

[TheMimic1]

Let's not forget that the main reason why BTC became so cheap in 2020 was because of CoViD, many want to survive that's why they sell off their coins and there was major panic around the world, I'm positive that we aren't going to see bear markets as harsh as those of 2018, 2019 and early 2020 again

[mamesso]

Nothing to worry about the future of bitcoin, Overall bitcoin is still doing fine. Although there is a slight correction, the cryptocurrency giant is still a prima donna in the crypto market.
According to my assumption, bitcoin is heading for the better, the reason, demand for bitcoin is growing, because overall only 21 million bitcoins are available for mining, and to date, more than 18 million bitcoins have been in circulation. With a good track record, bitcoin will continue to move in a better direction in the future.

[DU18]

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

The current price drop is a result of the negative sentiment that hit the bitcoin market and maybe this is due to the large number of FUDs being circulated by some authorities who don't like the attitude of the el salvador country which started to adopt bitcoin as a legal payment instrument  in the el salvador country a few days ago, I think this fud is deliberately done to bring down the mentality of the leaders of el salvador, but I believe that bitcoin prices will improve in the near future.

[Rana590]

Let's not forget that the main reason why BTC became so cheap in 2020 was because of CoViD, many want to survive that's why they sell off their coins and there was major panic around the world, I'm positive that we aren't going to see bear markets as harsh as those of 2018, 2019 and early 2020 again

Anything can happen in crypto market but I don't think Bitcoin will lose it's value like previous term. Yes, at the time of COVID-19, many people sold their bitcoin to survive. Most of the time people sell Bitcoin because they haven't strong believe in it.

[mamesso]

Let's not forget that the main reason why BTC became so cheap in 2020 was because of CoViD, many want to survive that's why they sell off their coins and there was major panic around the world, I'm positive that we aren't going to see bear markets as harsh as those of 2018, 2019 and early 2020 again

Anything can happen in crypto market but I don't think Bitcoin will lose it's value like previous term. Yes, at the time of COVID-19, many people sold their bitcoin to survive. Most of the time people sell Bitcoin because they haven't strong believe in it.

Despite the huge shocks that took place in the crypto market, bitcoin will never lose the trust of investor, the pandemic that has occurred since 2019 has slightly made the price of bitcoin fall because the demand is very low, thus making most bitcoin holders have to sell it for fear of incurring huge losses, but after that bitcoin was able to bounce back and give new hope to investor.
negative sentiment has always been a weapon for some people who do not support bitcoin, so they make a slanted issue about bitcoin, but these efforts always fail because bitcoin has begun to be accepted by the public and several major countries in the world.

[ancafe]

Let's not forget that the main reason why BTC became so cheap in 2020 was because of CoViD, many want to survive that's why they sell off their coins and there was major panic around the world, I'm positive that we aren't going to see bear markets as harsh as those of 2018, 2019 and early 2020 again

In fact, even during the 2020 pandemic, bitcoin prices are still going up. different from 2017-2018 ago, the decline in bitcoin occurred because so many FUDs such as banned from china, google, social media, and others, pushed the price of bitcoin quite far. however, current conditions are very different from previous years. Currently, there are already very many investors and support for bitcoin. even some of the big companies that banned bitcoin again opened up access to it. well, we can see it, although the decline was quite far from $60k, but now the bitcoin price is crawling little by little back towards its ATH. this is clearly very different from the previous year. in fact, I believe a new ATH will also be achieved this year.