It's the year 2018 over again

[GEMIN_M4]

Those of you using Dollar Cost Average how is it working for you so far? You can't keep up when all the market is doing is creating more dips, anyway, this is one of those times where we need to start buying, smart are those who are already turning their coins into USDT since mid-April, I did this because I believe that BTC is losing not so strong anymore.

[diminizio]

It seems we are already in a bear market but how far can this go? A year or two just like 2018-2019? Or this is a short term bear market? MMCrypto on youtube said that 30,000$ BTC is possible, if this do happens altcoins will bleed more than ever and this will unlock the beginning of the downfall of many altcoins.

I'm sure 2018 won't happen again unless it means bitcoin and other coins are completely wiped out, because some of the communities that I follow they have experienced a long bear market in 2018 and they believe that as long as the bear market will definitely bloom again, with that they will continue to grow. activity as usual in the bear market this time as if nothing had happened and the market seems to be in a stable condition.

[Jating]

It seems we are already in a bear market but how far can this go? A year or two just like 2018-2019? Or this is a short term bear market? MMCrypto on youtube said that 30,000$ BTC is possible, if this do happens altcoins will bleed more than ever and this will unlock the beginning of the downfall of many altcoins.

Yes, we are indeed in a bear market. For those who experience it in 2018, really hard to swallow because all of our portfolio is going down hard and we can do anything. Expect of course to get out and sell. But as I have said,  this is a period of accumulation wherein you can take advantage because altcoins are very cheap. Buy solid projects and invest on them while the price is low and then HODL for the next bull cycle.

[Baofeng]

It seems we are already in a bear market but how far can this go? A year or two just like 2018-2019? Or this is a short term bear market? MMCrypto on youtube said that 30,000$ BTC is possible, if this do happens altcoins will bleed more than ever and this will unlock the beginning of the downfall of many altcoins.

I'm sure 2018 won't happen again unless it means bitcoin and other coins are completely wiped out, because some of the communities that I follow they have experienced a long bear market in 2018 and they believe that as long as the bear market will definitely bloom again, with that they will continue to grow. activity as usual in the bear market this time as if nothing had happened and the market seems to be in a stable condition.

What you mean it won't happen again?

Bear market starts when bitcoin goes down, and that is what we are seeing right now. So altcoin market will obviously follow the pattern. So of course, there is a light at the end of the road here. But it will take some time before we experience the next bull run. Bitcoin halving is the catalyst and it will happen again in 2024. So that is like 2 years from now. It is still very far, we have 24 months to prepare and fatten our wallets and buy cheap altcoins.

[vanesha]

In the world of cryptocurrencies no one can really guarantee it will happen or not. what I see from the large community right now they believe that bear market bears like 2018 only lasts once forever, but I believe cryptocurrencies always give surprises whatever it is, I may believe that it can happen again, but I think that means should be able to seize the moment to keep making a profit.

[icalical]

It's just a short term bear I think, the bitcoin will just go up again, however the $30,000 seems possible. And MMCrypto is not just a nonsense youtuber, he always has some good analytic towards the market. It's a bear market, but I don't think it will be as bad as 2019. Bitcoin is in its ideal price for buyers and seller over the last 4 months, so I don't think it will just surge. And I think this average price will last until next year.

[ethereumhunter]

If the bear market returns this year, we have time to buy more bitcoins and altcoins at low prices and hold them until the bull market comes back. But hopefully, this is a short-term bear market and will not be the same as the previous trend because many already know that crypto is now an investment choice for people. The price of $30,000 per 1 BTC is possible but it is possible that the price will not go down at that price but the price will start increasing again this month. So it's better to be prepared and just wait so that we don't be late in using the moment to come.

[Davian144]

It seems we are already in a bear market but how far can this go? A year or two just like 2018-2019? Or this is a short term bear market? MMCrypto on youtube said that 30,000$ BTC is possible, if this do happens altcoins will bleed more than ever and this will unlock the beginning of the downfall of many altcoins.

During the increase and a lot of ATH happening in cryptocurrency assets from late 2020 to early 2021, the cryptocurrency decline or in other words the bears in the market don't last as long as they did in 2018-2019, so there's no need to worry about this even though the price is $30,000 for one unit of BTC is possible and it is not very good for all altcoins in the market.

[kidbounty]

It's just a short term bear I think, the bitcoin will just go up again, however the $30,000 seems possible. And MMCrypto is not just a nonsense youtuber, he always has some good analytic towards the market. It's a bear market, but I don't think it will be as bad as 2019. Bitcoin is in its ideal price for buyers and seller over the last 4 months, so I don't think it will just surge. And I think this average price will last until next year.

I doubt if the bearish this time is only momentary. it could probably be longer than 2018. and 30,000 indeed could be because if the market gets really bad. it is only a matter of time until it becomes a reality, and once bitcoin has hit 30,000 there is no hope for altcoins.

[Outhue]

There can be a finally recovery back to 43k per BTC before the wall of Jericho come crashing down for long term but on the long term we are going down, the next BTC move is in next halving 2024 maybe, this is normal its how things works with crypto, only newbies wont understand and start freaking out, if you already got some good coins just hold.

[lornadane]

There can be a finally recovery back to 43k per BTC before the wall of Jericho come crashing down for long term but on the long term we are going down, the next BTC move is in next halving 2024 maybe, this is normal its how things works with crypto, only newbies wont understand and start freaking out, if you already got some good coins just hold.

Because mostly if the good coins are maintained then they will have a profit even though it's not 100% and I totally agree with your opinion.
Even though sometimes the coin is still new, but if it has potential it will last longer.

[WalkerIVIV]

If you are still believing what said by the youtubers and then you must be stupid. You must being rational if anything can happen with the crypto. Just like when bitcoin dumped so hard and it bounces so hard again. We are seeing another big dump for bitcoin since ATH but the market will always face pump and dump. We have entered into the bearish perior but im sure that if we will able to enter into the bullish period again. It's possible for the old history in the crypto to come again.

[Devifajarina]

It seems we are already in a bear market but how far can this go? A year or two just like 2018-2019? Or this is a short term bear market? MMCrypto on youtube said that 30,000$ BTC is possible, if this do happens altcoins will bleed more than ever and this will unlock the beginning of the downfall of many altcoins.

The simple concept is that, when the bitcoin market collapses, then any altcoin will bleed, because the hype following bitcoin is not an altcoin, but so far as we understand it is difficult for bitcoin to drop at its lowest price, bitcoin resistance is still in its normal stage, the red chart in the market is slowly back to green even though it's in a state of ups and downs

[gurunanakji777]

2018 & 2019 were very bad phases of the crypto market nobody wants to see the market again like that. Honestly speaking at the moment we can't say where we are heading now but we should keep our morale high and should remain positive so that we can overcome and be unaffected by the current bad conditions of the market. At present most of the altcoins dropped very much in the value

[Lubcub62]

I hope what happened in 2018 doesn't happen again. but still we have to prepare for the worst. I hope the next support is not broken. with the decline alone altcoins have experienced a long decline.

[KennyR]

I believe this to be short term bear market. If there is no big support, then the trend will continue till the third quarter of the year. There are some predictions stating that the bear trend will continue with minor fluctuations until the upcoming halving. I don't think this will get extended for such a long time period. For all those users who have been planning to accumulate good number of bitcoin, it can be considered as the right time.

[tvplus006]

Those of you using Dollar Cost Average how is it working for you so far? You can't keep up when all the market is doing is creating more dips, anyway, this is one of those times where we need to start buying, smart are those who are already turning their coins into USDT since mid-April, I did this because I believe that BTC is losing not so strong anymore.

Those who have the experience of 2018 behind them will not continue to hold shitcoin and get rid of them in a timely manner. In a bear market, it is better to keep your capital in stablecoins, while leaving the opportunity to buy coins at a low price, although many prefer to keep BTC in their wallet.

[Xal0lex]

It seems we are already in a bear market but how far can this go? A year or two just like 2018-2019? Or this is a short term bear market? MMCrypto on youtube said that 30,000$ BTC is possible, if this do happens altcoins will bleed more than ever and this will unlock the beginning of the downfall of many altcoins.

Many altcoins have been bleeding for a long time and have been showing a steady decline for months. I think we have been in a bear market for about half a year now, because 2021 was a year of growth, projects gave good profits, like in 2017. Now it's profit-fixing time. Right now, I wouldn't invest in any new projects or projects that have already managed to grow multiple times. If bitcoin will push through 30,000 and falls below, altcoins will become very cheap.

[Doell]

Indeed it looks like there will be a lot of Altcoins that are bloodier than now if the Bitcoin price is around 30K, but Can't be the same as 2018-2019 although many signals show similarities and it won't be repeated easily. Well Indeed many expert analysts say 30K is possible, I've seen it from various angles for some time, but so far haven't been able to touch that point.

[RussianEnglishTranslation]

It seems we are already in a bear market but how far can this go? A year or two just like 2018-2019? Or this is a short term bear market? MMCrypto on youtube said that 30,000$ BTC is possible, if this do happens altcoins will bleed more than ever and this will unlock the beginning of the downfall of many altcoins.

Every youtuber is talking out of their butts right now. Reading charts is has about the same level of usefulness for predicting the market as reading tea leaves. Watch, all these youtubers are going to say that they told you the market was going to dump. Now they are saying that BTC will hit 30k, which means it will probably pump to 60k. What I do know is however that when there is red, that means you buy undervalued projects like ICP and Celo.