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Author Topic: will bitcoin ever go down like 2018-2020  (Read 1191 times)
inanilujimi
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July 29, 2021, 02:11:45 PM
 #41

It's hard to say what will happen in the future, but my assumption is that bitcoin will continue to rise when it approaches the $20k price because people feel that price is a good discount for the future. recently bitcoin seems to refute every prediction that exists with a significant increase in the last 2 days. I hope we never see the price of 2018-2020 again.
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July 29, 2021, 03:09:17 PM
 #42

It's hard to say what will happen in the future, but my assumption is that bitcoin will continue to rise when it approaches the $20k price because people feel that price is a good discount for the future. recently bitcoin seems to refute every prediction that exists with a significant increase in the last 2 days. I hope we never see the price of 2018-2020 again.

the future is still an uncertain hope. The past that happened in 2018-2020 is a bridge to the future. from that we can make an argument about bitcoin's future, which needs to be remembered, a country must maintain price stability in the value of the currency, so when bitcoin continues to soar there will be times when it falls again as a form of price correction to balance the value of a country's currency of course .

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July 29, 2021, 03:28:59 PM
 #43

Here's a proof in the charts of bitcoin market for the past ten years that I am going to tell you, bitcoin rose in 2017 of December and around mid January of 2018 it has fallen but look at bitcoin this year, it may have risen in December but it didn't crash in January. So no, I don't think that bitcoin will be the same as 2018 right.
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July 29, 2021, 04:01:48 PM
 #44

so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?
The decline that is happening now is no different from what happened in 2018 in my opinion and it can be said that the cycle continues to repeat every time the bitcoin price is able to reach a new record high price, from some existing experience we can see how when the bitcoin price starts to peak but arrives suddenly fell quite deep as is happening now and in my opinion it might take 1 year or 2 more years for bitcoin to break the record price again and most likely halvingday be the right moment for bitcoin's revival later.

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July 29, 2021, 05:37:47 PM
 #45

the current conditions will be different as we can see the price is up and down.
But the trend of up and down will always be there, no matter how much bitcoin price it is.
The bull run will come again soon and who knows, that can happen twice this year, so if that is coming, we will see the price will be able to back to $64k and have more chances to break on that price.
Maybe we see the price is low now and we think that the price can go down later, but if you do not use this time to buy bitcoin and only see the price move, you will regret it when you see the price start to increase.
Bitcoin bull run will happen, and you know what will happen after that? Bitcoin bear run. That is how it has been forever, first it was a low price when it first started, even nearly free because people were like gifting each other thousands on very early days, then the price started to go up, the first skyrocket happened like towards 33 dollars or so, then dropped like crazy, then towards 150 bucks and dropped like crazy (funny enough that is when I started) and then it went to 1400 and dropped like crazy, then went to 20k and dropped like crazy and now to 64k and dropped like crazy, which means it will be much more than 64k in the future, and then it will drop like crazy after that as well. That is just how the crypto world works and that will always be how bitcoin prices will be, sure in the meantime we have some calm days time to time but it will always skyrocket and fall in circles.
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July 29, 2021, 10:27:06 PM
 #46

so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?
If you mean that question to apply only to the current cycle I think the answer is no, institutional investors have brought new dynamics to the market, I really think that if they were not here the price could have crashed already to very low levels but they are buying more and more bitcoin especially when it comes below the 30k level.

So I think this is not going to happen and this could cause yet another bull run at the end of this year or at the beginning of the next one.

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July 30, 2021, 02:40:51 AM
 #47

the current conditions will be different as we can see the price is up and down.
But the trend of up and down will always be there, no matter how much bitcoin price it is.
The bull run will come again soon and who knows, that can happen twice this year, so if that is coming, we will see the price will be able to back to $64k and have more chances to break on that price.
Maybe we see the price is low now and we think that the price can go down later, but if you do not use this time to buy bitcoin and only see the price move, you will regret it when you see the price start to increase.
Bitcoin bull run will happen, and you know what will happen after that? Bitcoin bear run. That is how it has been forever, first it was a low price when it first started, even nearly free because people were like gifting each other thousands on very early days, then the price started to go up, the first skyrocket happened like towards 33 dollars or so, then dropped like crazy, then towards 150 bucks and dropped like crazy (funny enough that is when I started) and then it went to 1400 and dropped like crazy, then went to 20k and dropped like crazy and now to 64k and dropped like crazy, which means it will be much more than 64k in the future, and then it will drop like crazy after that as well. That is just how the crypto world works and that will always be how bitcoin prices will be, sure in the meantime we have some calm days time to time but it will always skyrocket and fall in circles.
The bull run comes and when it is finished, the bear run will come.
Yes, that will be like that and we could just follow where the price moves by buying and sell or buying and hold and that is the option for people who want to use the opportunity from bitcoin.
I remembered that day when bitcoin is very cheap to buy and it is available as a reward by playing faucet and we can get many satoshis at that time.
But the time to earn like in the past is over because the bitcoin price now is at $39k-$40k and the reward is just reduced a lot.
But we can still earn bitcoin in many ways and hold the satoshi because it will be worth it in the future.
So if we can have patience while we try earning more bitcoin, we will have the opportunity to sell bitcoin at the next high price.
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July 30, 2021, 06:02:20 AM
 #48

It is very difficult to predict the direction of bitcoin. What we have experienced this year is a good signal, that ATH is currently set at a high. And we're at $39k, assuming 29k is the low, we're in the midpoint zone, which looks like a sideways move. But we have optimism, as major catalysts are supporting the crypto space. I believe we can go up.
I think that it's more than just a good direction because I feel like it has reached new heights already and I think bitcoin can't go down anytime soon like how it have gone down in 2018, there's just a lot of factors that are preventing that from happening, institutional investors and more people getting into crypto as an example.

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July 30, 2021, 09:08:05 AM
 #49

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

Non so far, and as I've observed the latest market updates of price we've reached at $40k again. On that projections, I couldn't speculate any downturns as huge as the previous weeks. So for now, lets wait for another bounce which potentially heading towards $50k or higher.

I told him, bitcoin in two weeks will break through $ 50k, many investors have jumped again with cryptocurrencies and want to own bitcoin. Are you still hesitant to invest? bitcoin is in the green zone consecutively and returns to the red zone only a few percent and has no effect.

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July 30, 2021, 12:25:27 PM
 #50

so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?
Nope we are not , we will stay this level till next halving comes. like now that we are staying at 30-40k value this seems to be the level we will be having for years from now.
and looking for 2018 is ok since the market subside by lack of support from the investors, but 2020? lol that is pandemic effect and for this to happen again we must have another pandemic.
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July 30, 2021, 12:50:10 PM
 #51

A drop in arbitrary number like 30%, 40% or even 50% can't be called we are entering the bear market, there should be some pattern to look for. I'm still bullish on the macro level of Bitcoin and I'm skeptical that we could enter the same drop we had on 2018. The year 2020-21 seems like having the same pattern of 2016-17 in my opinion just different on the structure.
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July 30, 2021, 01:12:02 PM
 #52

although the price spiked fromlm 30K to 40k Bitcoin still is not out of the woods.i'd like to wait for another breakout because its just too god to see two bullrun in a year. if it does happen then 2018 nightmare might out of our sight anymore.

too many analysis to check out yet none ever is guaranteeing they could foresee whats to come. but i did buy back some altcoins already because BTC spiked.









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July 30, 2021, 03:23:14 PM
 #53

although the price spiked fromlm 30K to 40k Bitcoin still is not out of the woods.

this rise from 30K to 40K shows that the price is on the way to 60 if it breaks 44K. but for now we're a bit out of the danger zone that was in 28K

i'd like to wait for another breakout because its just too god to see two bullrun in a year. if it does happen then 2018 nightmare might out of our sight anymore.

a break above 44K would be a very good thing. but we have to see that there is Stop - Loss, ie you can take the risk to buy now and place a Stop - Loss if the price goes down too much, this way you could profit a lot if the price goes up too much to 44K

too many analysis to check out yet none ever is guaranteeing they could foresee whats to come.

technical analysis is not guaranteed future prediction

but i did buy back some altcoins already because BTC spiked.

you did well to hold for a long time because almost all altcoins can make a profit of more than 4X guaranteed if the bitcoin price returns to 60K

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July 30, 2021, 03:27:01 PM
 #54

People can be scared and dump their bags for any number of reasons, not the least of which are pandemics, natural disasters and financial crashes.  Banks failing causes a rush on that banks liquidity and so it becomes an ever increasingly downward spiral.

Will BTC go down like it did in 2018 - Absolutely!  Today?  Probably not.  This month - dunno.

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July 30, 2021, 03:47:49 PM
 #55

People can be scared and dump their bags for any number of reasons, not the least of which are pandemics, natural disasters and financial crashes.  Banks failing causes a rush on that banks liquidity and so it becomes an ever increasingly downward spiral.

Will BTC go down like it did in 2018 - Absolutely!  Today?  Probably not.  This month - dunno.
that is very correct. however, when the dump occurred no one knows. however, we know that dumps can happen at any time. however, don't worry, when a dump can happen at any time, so can the pump. for the time being, I calmed myself by thinking like that. well, besides, statements like that, we all want to know the answer to, but no one can be sure of that. what we can do is prepare for the worst.

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July 30, 2021, 05:29:45 PM
 #56

I think, with today’s visible movement of Bitcoin’s value in the market it is unlikely that it will return to where it was in the last three years.  More people still prefer its price to go up than to go down.  Now that its vigor is returning and the new good news about it is causing the price to go up again.
- Returning to vitality only shows that its current illness has been temporarily resolved and passed a dangerous stage but this is a congenital heart disease, bitcoin's heart rate will go high or low on a very regular basis and go through many times of treatment, today's market can bring a positive life status line, but the implication in the future is still a huge question mark, a recurrence of serious illness like three years ago is still possible.


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Oilacris
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July 30, 2021, 11:07:54 PM
 #57

People can be scared and dump their bags for any number of reasons, not the least of which are pandemics, natural disasters and financial crashes.  Banks failing causes a rush on that banks liquidity and so it becomes an ever increasingly downward spiral.

Will BTC go down like it did in 2018 - Absolutely!  Today?  Probably not.  This month - dunno.
There would be no assurance that there would be no similar situation that will happen just like on what 2018 crash but basing off with the level of adoption and awareness of bitcoins existence then its really hard to believe on that there would be a second time around similar dumping state and if that thing happens again then i would definitely be putting all of my assets on buying cheaper coins.Yes, its risky but

i wont able to afford on missing out the opportunity to make profits when the market tends to recover even though there's no assurance to that but at least you do able to take risk
depending on your past experiences.

A matter of choice though since bitcoin is always been a volatile thing.
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July 30, 2021, 11:13:12 PM
 #58

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


Nothing so far, in fact the price ranges so well before we achieve $45k as a relief until such time another bullrun is going to go unstoppably. I'm just speculating here for good, but who knows that's exactly a good motivational thoughts to hear from me and also from other person who has the positiveness in their minds. Years of 2018-2020 has a different scenario with 2021, let's just be keen on our words.
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August 05, 2021, 02:37:09 PM
 #59

so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?
Everything that happens yesterday, today, and tomorrow is unpredictable, that much more in the future, I think it was just only a wild guess. Because if we are sure what would really happen this year, like be said the same as 2018-2020, we're supposed to sell more rather than accumulating coins. But as we can see, people are still investing and quiet to see how the market shows an amazing trend like it never dumps and turns bearish after hitting its ATH. That was enough to prove that the market is changing and no path to follow and thinking about another 2018-2020 is seems impossible to see.

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August 05, 2021, 05:43:16 PM
 #60

Bitcoin's too big to go down like 2018 plus there are more people hodling already and not backing down even when the prices are going down, plus companies have already come in and they seem to be in the market for at least a long time before taking out their investments hoping the prices will grow much bigger than their initial investment.

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