will bitcoin ever go down like 2018-2020

[jaberwock]

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.

Unfortunately most people are into a practice of selling at high and then buying back at low which is the reason why we are usually having the corrections in bitcoin markets periodically. When at least 50% of bitcoin people are believing into market to slide down then they are pushing rest of bitcoiners as well to sell and then to buy back. So, regardless of how many people are participating into bitcoin markets, I am afraid we may go another round of bear markets in 2022.

But in 2021, we may test another ATH which may lead to bitcoin prices to be testing more than $100k levels before end of this year. So, get ready to face both bulls and then bears in near future.

[1714789429]

1714789429

[zanezane]

~

Unfortunately most people are into a practice of selling at high and then buying back at low which is the reason why we are usually having the corrections in bitcoin markets periodically. When at least 50% of bitcoin people are believing into market to slide down then they are pushing rest of bitcoiners as well to sell and then to buy back. So, regardless of how many people are participating into bitcoin markets, I am afraid we may go another round of bear markets in 2022.

But in 2021, we may test another ATH which may lead to bitcoin prices to be testing more than $100k levels before end of this year. So, get ready to face both bulls and then bears in near future.

But even if there's that kind of habit and correction, it still won't matter because even if it's 50%, the price won't go down real bad like the last time, plus a bear market in 2022 isn't going to be dire in my opinion because even if it happens, pretty sure that people are ready for what's going to happen next. I am hoping that it's going to be the case for bitcoin, to go back up and then reach another ATH.

[jakdanyel]

Going down to even $4k? I don't think that such thing will ever happen unless Bitcoin starts dying. Bitcoin price has gone over a certain limit and I don't expect it to go back to its old times again from these levels. Maybe we can see a price between $15k and 20k but nothing less than that I think.

[3la9l_kolbaCa]

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

Don't hope it so, because in reality you don't like it when it really going to happen. It's not easy to handle the past nightmares that we already been through for so many times.
Many expected bullrun to commence one day and $100k will happen this year, but the answer is tentative.
We really don't have an assurance, only one chance will make it all possible.

[MiF]

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

After the bull run season, bearish season is the next season to happen, but I think bear season will not happen this year, base on the current price and the market movement, I think the Bitcoin price will not drop so hard this year, and the price will maybe rise up high before year end.

[Clavulanic]

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

We're not at the low level of bitcoin price as of now, because it already surpassed $40k then quickly reached $42700 with minimal fluctuations. The indications was promising so there's no chance that we're going down same with 2018-2020. Maybe if within that span of 4 years we will see bitcoin hits another historical value of more than $100k or stabilizes at that certain price.

[Avantikakaur]

The price of bitcoin is not likely to go down as much as in 2018 its price is going up and the market is going down but it will go up the market will not go back to 2018 analyzing the markets, it is understood that the price of bitcoin will increase further. It doesn't take long to get up even if it's low.

[erep]

Some of the market movements are connected to the historical past years but that doesn't mean the market will follow the same path, although I believe the market will fall before the bullish market but the lows will not be the same as the lows of the last 2018-2020 market.

[Semar Mesem]

Some of the market movements are connected to the historical past years but that doesn't mean the market will follow the same path, although I believe the market will fall before the bullish market but the lows will not be the same as the lows of the last 2018-2020 market.

2018 is certainly a year that is hard for me to forget, at that time I lost around $3400 for buying bitcoin at $14k and selling at $5800, looking at the current market trend of course I am sure that the moment 2018 will not be repeated now, I believe the end of the year can be reach at least $75k.

[Sanitough]

Some of the market movements are connected to the historical past years but that doesn't mean the market will follow the same path, although I believe the market will fall before the bullish market but the lows will not be the same as the lows of the last 2018-2020 market.

2018 is certainly a year that is hard for me to forget, at that time I lost around $3400 for buying bitcoin at $14k and selling at $5800, looking at the current market trend of course I am sure that the moment 2018 will not be repeated now, I believe the end of the year can be reach at least $75k.

No one knows, if you make a wrong decision last time because you believe bitcoin will go down that's why you sold your bitcoin at a loss, you can still make the same mistake this time. What we are seeing is very bullish, but it could also be a bull trap only and bitcoin will again go back to $30k.

The thing is, bitcoin is very volatile and unpredictable, one day it will reach a new ATH but it could also correct to a very low price.

As we are still bullish, we should always learn from our past experience, and always believe that no easy money in crypto as investing here is very risky.

[dupee419]

2018 had the biggest drop, not saying I want it to happen again but with how volatile the price is, it may or may not happen again, we'll never know, all of our answers are just speculations, we can't complete determine how the price will move, we can only observe, prediction won't be much of an accurate thing to rely on because of its volatility.

[aoluain]

A rare bullish bitcoin signal, the difficulty ribbon compression, has started pumping up for the first time since the bull run started.

I have been told by a Bitcoiner friend that when this signal flashes Blue historically
Bitcoins price doesnt go below it, apart from the big selloff related to COVID.

I'm still trying to wrap my brains around this but its looking like this buy signal is an
indication that we are going up very soon which would mean we are leaving 2018
values further behind.

Further reading > https://www.tradingview.com/chart/BTCUSD/oXBM6kA5-BITCOIN-Massive-HASH-RIBBON-Buy-Signal-Incoming-The-NEXT-TIMES/?utm_source=amp-version

[Ebede]

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

All digital currencies have method to increase and also decrease, the version of it' price in 2018 and 2020 will not be the same with the price of it in 2021 and 2022 weather the price go up or it comes down but everyone opinion is for it to be going up because the more it go up the more profit come's to investors.

[UmerIdrees]

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

All digital currencies have method to increase and also decrease, the version of it' price in 2018 and 2020 will not be the same with the price of it in 2021 and 2022 weather the price go up or it comes down but everyone opinion is for it to be going up because the more it go up the more profit come's to investors.

Bitcoin cannot always move up. There will be long bear market also. but before that we have yet to experience the true bull market. Bitcoin may touch somewhere between 150,000 - 250,000$ before we will be heading towards the bear market. In bear market, bitcoin may come back to 40-50K.

There are people who are saying that bull market for this year is over which is not correct. We have not seen the true parabolic run as we saw in 2017.

[Rasa nanas]

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

By looking at the trend of Bitcoin movement in recent times, I predict that the phenomenal drop in cryptocurrency prices in 2018-2020 will not be repeated this year, nor next year. I think at the future Bitcoin price will be better than 2018-2020.

I agree with you. after bitcoin hit ATH in 2017 there was a tremendous drop in price. but that's not happening right now, yesterday bitcoin hit ATH at $64k and after that it dropped quite a bit to $30k. it means bitcoin only lost 50% of ATH price. Currently the price of bitcoin is back up and maybe it is a sign that the bear market is over.

[Kasabus]

If someone could answer this correctly, he/she was entitled as KING of Crypto. But for sure, nobody could do that. I'm very certain of that because nobody had ever controlled the market in the first place and since the market moves freely, this makes the prices remains are unpredictable. Some people will say the history repeats itself, I don't think so and it doesn't make me believe that statement anymore.

Anyway,
Either we go that high or at the bottom again, many people would still love to invest in Bitcoin. This is how it gives beauty to the crypto market.

[macson]

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

2018 - 2020 was a crisis moment, at that time all crypto asset prices were very low and influential people have no interest in crypto.  now it's different and we see that many influential people are interested in crypto, i'm very optimistic that 2018 - 2020 will not happen again.

[STT]

2017 the dollar index dropped the majority of the year and in reverse you have DXY rising over most of 2018, that was quite a stark contrast in FIAT strength which shows up in these nominal strength judgements for BTC.   Could also look at FED policy, QE programs and rates at that time and also the election cycle for indications of FIAT vs crypto in determining the price and its variance between the peak of 2017 and the low afterwards.
   Obviously people refer to the halvening event as well but none of these factors are in isolation, overall its best to be bullish as long as the population of users in Bitcoin is increasing its then likely we do have a background or base line price which is rising.  
   Its far harder to judge the BTC price accurately by the highest prices, theres so much froth and hype, where as the lowest point which also mark the lowest interest from the disinterested casually involved is probably more accurate over the long term.   The froth price can certainly recede yes, dont bet everything on the highest prices sustaining.

[sana54210]

If someone could answer this correctly, he/she was entitled as KING of Crypto. But for sure, nobody could do that. I'm very certain of that because nobody had ever controlled the market in the first place and since the market moves freely, this makes the prices remains are unpredictable. Some people will say the history repeats itself, I don't think so and it doesn't make me believe that statement anymore.

Anyway,
Either we go that high or at the bottom again, many people would still love to invest in Bitcoin. This is how it gives beauty to the crypto market.

This is not the thing that makes you rich, this is just a fact that bitcoin drops time to time. What makes you rich is knowing exactly when it happens, and knowing exactly when it stops, and knowing exactly when it goes back up. Nobody knows that, if we knew when it will go down, when it stops, and when it goes back up, then we could definitely do this a lot better and could be very very rich.

However to say that "yes bitcoin will fall one day" that is not really a problem, that doesn't give you any money, how could you ever make money from "yeah it will drop one day"? It is impossible and I believe that we should be focusing more on timing instead of actually knowing if it will drop or not. It is always obvious that we will have a drop, just like 2018 as well, even worse one day maybe? Or better, but there will be many drops, however I have no clue when that will happen.

[rhodelmabanal]

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

There is always a big chance that the bitcoin will still go down like what happen on 2018-2020, up and down is the normal in bitcoin or in any other coin in crypto market. There are times that Bitcoin made a big rise and fall down after a couple of months. That is why even if the market is bullish we still need to be careful or be more smart on every decision that we make to avoid loss.