will bitcoin ever go down like 2018-2020

[Ngewex Yuk]

I'm sure the current conditions are different from 2018-2020, at that time there were many scam projects that cheated and immediately exchanged them for cash so that the price of bitcoin dropped, now bitcoin and cryptocurrencies have a strong foundation, namely devs. which is supported by large finances so that it will keep crypto prices afloat and will not drop again like 3 years ago.

[Lanatsa]

I'm sure the current conditions are different from 2018-2020, at that time there were many scam projects that cheated and immediately exchanged them for cash so that the price of bitcoin dropped, now bitcoin and cryptocurrencies have a strong foundation, namely devs. which is supported by large finances so that it will keep crypto prices afloat and will not drop again like 3 years ago.

Just considering the level of acceptance or adoption of bitcoin or crypto market as a whole then you could really tell that this is something different compared back in to the past which it isn't really right

to presume that we would really be seeing the same crash or price decline as of these years but well the probabilities would be always there because nothing is really guaranteed or can really be predicted.

This is why it would be much better that you should stick with your investment plans and goals or targets and wouldn't mind off about these events.

[newwest]

Thing are now much different than pre Covid 2019 times. So things to change that drastically will not happen. Yes it will still have a bumpy ride and bitcoin always had that ups and downs if you see charts over the last decade or you may have personally experience it. As well now it had reached 50k and fallen back to 40k levels but again it has now moved till 44k. So rise is inevitable.

[arufox]

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

In my opinion, the decline in the price of bitcoin like 2018-2020 will not be repeated because the current technological and institutional development of cryptocurrencies is much faster than 2018-2020. Although bitcoin will experience a correction after the increase, the price may jump again or rebound.

[dunfida]

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

In my opinion, the decline in the price of bitcoin like 2018-2020 will not be repeated because the current technological and institutional development of cryptocurrencies is much faster than 2018-2020. Although bitcoin will experience a correction after the increase, the price may jump again or rebound.

Volatility would always be there and cant really be avoided and people should really be thinking off this thing which it had been the main reason on why where here on the first place.

Presuming that 2017-2018 event would happen again is something that cant really be possible in todays situation basing off with the adoption and situation on how big the market
is then its really hard to believe on but everything could happen since it is something a common behavior of crypto market.

[Furious 7]

Presuming that 2017-2018 event would happen again is something that cant really be possible in todays situation basing off with the adoption and situation on how big the market
is then its really hard to believe on but everything could happen since it is something a common behavior of crypto market.

We see the developments and the current situation, what I think is also the dark history of 2017/18 will not be repeated again, seeing many large institutions and several countries have responded positively, therefore I am sure that in the future it will also be something valuable even the correction won't be that big even into a red crash but this is a defense in a market where investors are now stronger to hold on.

The pumping occurs there must be a correction but this will not be too severe even before it is precisely with the resistance that there are many who believe that this can indeed be held at the specified price.

[Wong Gendheng]

The conditions now are certainly different from 2018-2020, at that time I bought bitcoin at a price of $ 12500 after holding almost a year I sold at a price of $ 5800, currently many large companies are buying bitcoin in large quantities so that demand continues to increase and this is a positive signal that the market bitcoin will continue to skyrocket while 2018-2020 many cases of fraud from ICOs and exchanges making it difficult to rise.

[retreat]

The future is hard to predict, all we can do is live the moment. the chances of events in 2018-2020 are great to happen as well as opportunities not to happen. so let's invest in bitcoin calmly and confidently even though in the future the price of bitcoin drops then we have to hold our btc.

[ReiMomo]

Though market is unpredictable, I am sure, Bitcoin might not fall back back to below $30k. It has set up its mile stone already moving forward. We have more demands now for Bitcoin. Its growth in the market now is fabulous. Its stable and steady between $40k to $49k to see its bull market very soon. We are top ahead from 2018's market. We must start looking forward and support Bitcoin reach next ATH.

[stadus]

Though market is unpredictable, I am sure, Bitcoin might not fall back back to below $30k. It has set up its mile stone already moving forward. We have more demands now for Bitcoin. Its growth in the market now is fabulous. Its stable and steady between $40k to $49k to see its bull market very soon. We are top ahead from 2018's market. We must start looking forward and support Bitcoin reach next ATH.

Well, it has already fallen back below $30k this year, have you forgotten already when the correction happened? though it's a short correction it resulted in bitcoin dumping below $30k, the actual price was over $29k and you can see that in the price history using the YTD data here https://coinmarketcap.com/currencies/bitcoin/

[arufox]

I don't think it will happen again even though the price of bitcoin will go down later I don't think it will be as low as the price in 2018, now the price is very high compared to a few years ago and the users are also increasing. so according to my prediction it will not happen again.

Right. which is different from the past, the crypto money ecosystem has now attracted the attention of large financial institutions as a collection of their investment portfolios. The current increase in the price of Bitcoin tends to be influenced by the entry of a number of large institutions into the cryptocurrency market. However, what needs to be understood is when the market support conditions occur. Or when Bitcoin will rise again after touching its lowest price. You have to be able to analyze when it happened.

[romero121]

I don't think it will happen again even though the price of bitcoin will go down later I don't think it will be as low as the price in 2018, now the price is very high compared to a few years ago and the users are also increasing. so according to my prediction it will not happen again.

Right. which is different from the past, the crypto money ecosystem has now attracted the attention of large financial institutions as a collection of their investment portfolios. The current increase in the price of Bitcoin tends to be influenced by the entry of a number of large institutions into the cryptocurrency market. However, what needs to be understood is when the market support conditions occur. Or when Bitcoin will rise again after touching its lowest price. You have to be able to analyze when it happened.

The scenario is completely different from the previous time period when bitcoin marked its ath value. Now the community has widened drastically with large scale institutions participation along with the common man's adoption of bitcoin and usage of cryptocurrencies on trading and different transaction needs. Whatever the direction the market doesn't matter, in no time it could deviate downwards. It isn't assured that we won't reach same as 2018-2020.