It's the year 2018 over again

[Ketesnuko]

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.

It could be as bad as 2019 because BTC going down to 30,000 will cause panic to many holders who believe that it's never going to happen, also I trust whales more than the market itself why? They have the power to manipulate the market, till date I still believe that there is more to Covid 19 than what we actually knows, it's like it was intentional just to crash the while stock market.

[makishart]

I remember once so many people were yelling about bitcoin was death but it's still alive even in a higher rate right now. Think about once bitcoin did it and is not it possible for bitcoin to do that again?
2018 was a very difficult time for the crypto market. Anyone is hoping that we will be leaving from this situation very soon but it seems global economic was not supporting it to happen.
So many prediction about bitcoin will be plunged even harder than before. This time it's going down again and again. Will we wait at least 2 years from now to see another bullish trend?

[Lubang Bawah]

2018 is a bad moment because the price of Bitcoin drops more than 50% compared to ATH in December 2017 which reached $ 19K, at that time I sold all Bitcoin and left Crypto until the end of 2021 because I saw the market skyrocketing again, of course the current conditions were different from 2018 because currently more and more countries legalize Bitcoin.

[Inspiron14]

2018 is a bad moment because the price of Bitcoin drops more than 50% compared to ATH in December 2017 which reached $ 19K, at that time I sold all Bitcoin and left Crypto until the end of 2021 because I saw the market skyrocketing again, of course the current conditions were different from 2018 because currently more and more countries legalize Bitcoin.

Yes, if you compare the conditions between 2018 and this year, it is clearly different,
indeed Bitcoin is currently going down but I believe it is only a matter of time to see it can go up again,
in 2018 I think some people panicked and sold their assets because the conditions were really bad

[evilgreed]

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 was honestly having the same idea but still, I am trying to be positive since the market seems to be undecided still. I just got buy orders filled on 37k+ area both on spot and on leverage. But if it does fall, I will have no choice but to adjust like DCA or cut losses on leverage. But on spot though, I am willing to hold throughout the bear season. I have already taken profits on some of my altcoins way back so I have quite a few stable coins prepared for DCA or for good buying opportunities on some altcoins that I have been keeping my eyes on, or just tp buy back some good altcoins that I have let go off.

[jhonjhon]

It's interesting to know about the market's present state; if the BTC correction continues, BTC will fall to $30,000. If this occurs, the cryptocurrency market will be shut down, and a large number of coins will be sold off the marketplace. What a blogger says, in my opinion, cannot be trusted; instead, you should always believe in what is occurring in the market daily, as this will allow you to determine if he is telling the truth or not. I feel that YouTubers are free in what they may say in public and that as influencers, they seek to make others believe, be confused, and be amazed by the content they create.

[zulfi125]

 No doubt prices of BTC and altcoins are down but I don't think this will be the same as the year 2018 MMCrypto youtube channel may be analyzed right but due to institutional adoption the price of BTC can be up and altcoins prices will also up and we can expect Bullrun in 2022 instead of the bear market in the year of 2022.

[ultrloa]

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.

2018 scenario will most likely not gonna happen since if we look at the current adoption state what bitcoin got on current and past years we can already figure out that this will give different output. Maybe chances for bitcoin to reach at $30k is there but the chance is slim so I guess we can see the price to recover after it dump to maybe $33k which I think the worse situation for bitcoin to be reached.

[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 don't usually listen to other people's opinions of YouTube bloggers, but there is some truth in what he said. Right now altcoins are at the bottom, but bitcoin continues to fall, which reflects worse and worse on altcoins. If bitcoin falls another 30%, it will be a disaster for altcoins. In that case the market will take a long time to recover.

Some of them actually tell the truth, but the predictions are not always correct, some of them who predict it with various technical analyzes are sometimes still not perfect so the guess is not right. What I got news lately is that bitcoin is still going down, seeing that the graph is still not strong enough to penetrate upwards. But I also hope that doesn't mean this will be a sharp decline from bitcoin.

[aprilnot]

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 still believe this is only short term bearish. this is like last year where the market also crashed in Q1 and in Q2 the market recovered and returned to ATH. for sure the current situation is not the same as in 2018 or the crypto winter. many different things, one of which is institutional investors and adoption has increased very high. things have changed and people are more confident about all this. that's why a bear market won't last long. and one more thing, bitcoin won't go back to 30,000, because bitcoin's low point is at 35,000. this is the lowest price and the probability is also low to reach it.

[Uang_kartal]

MMcrypto are those with titles on YouTube and your favorite influencers? I rarely stop by YouTube, just to see trending prices.
Cmc is still my favorite for a good picture.
What's interesting in 2018 is that many got big projects, especially for those who buy/invest, those who are patient in bearish conditions, of course, have the ability to calm themselves down, when prices are green.
I hope that by Q3 this year can change and make market sentiment not so long, in the context of price subsidies on the world market (bearish)

[Furious 7]

Well, about the bloody downfall of Altcoins, indeed they are like that and indeed it is certainly true if bitcoin does drop again, of course it will have a big impact on Alt which cannot be separated from bitcoin.
but on the other hand if you really say this is just based on other people I actually don't like this kind of thing because this is indeed a speculation that he said and this is one of several possibilities that happened.

[Psynthax]

Finally bitcoin is facing another jump again to face 40k rate after FED meeting. It seems bitcoin is trying to break 40k rate again and i hope that this will make people think that if there will be no 2018 pattern anymore. Bitcoin looks so strong at this moment too. You should not feel skeptism about bitcoin since this has become universal digital currency. More and more countries are just seeing bitcoin as an opportunity for sure.
This is the best thing that can be done by anyone. No dump but only pump soon.

[Google+]

No doubt prices of BTC and altcoins are down but I don't think this will be the same as the year 2018 MMCrypto youtube channel may be analyzed right but due to institutional adoption the price of BTC can be up and altcoins prices will also up and we can expect Bullrun in 2022 instead of the bear market in the year of 2022.

I think what the MMCrypto youtube channel explained is very clear and it's true as you said also that the bear conditions will not be the same as the bear conditions in 2018 in the crypto market so there is still hope that everyone can hope for a pump that might be able to happened again this year.

[evilgreed]

Finally bitcoin is facing another jump again to face 40k rate after FED meeting. It seems bitcoin is trying to break 40k rate again and i hope that this will make people think that if there will be no 2018 pattern anymore. Bitcoin looks so strong at this moment too. You should not feel skeptism about bitcoin since this has become universal digital currency. More and more countries are just seeing bitcoin as an opportunity for sure.
This is the best thing that can be done by anyone. No dump but only pump soon.

               Yup, a couple of hours earlier, bitcoin had a good jump and retest. Too bad though we're back in the red again. But right now though, I am still feeling a bit optimistic that before the weekends we may see another up move before another drop as weekends happen. Might take profits before the weekends and open some short orders along with some buy orders on my take profit zones. I am pretty interested what will happen as June comes. I wish we'd get a good pump until the end of the year.

[Smack That Ace]

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 still believe this is only short term bearish. this is like last year where the market also crashed in Q1 and in Q2 the market recovered and returned to ATH. for sure the current situation is not the same as in 2018 or the crypto winter. many different things, one of which is institutional investors and adoption has increased very high. things have changed and people are more confident about all this. that's why a bear market won't last long. and one more thing, bitcoin won't go back to 30,000, because bitcoin's low point is at 35,000. this is the lowest price and the probability is also low to reach it.

I still have some doubts that the 2018 bear market will repeat itself but one thing I see differently is in investors. In 2018 when the market crashed, most investors panic sell and left the market. However, this year things are a little different even though the market is very bad, but many investors still put their full faith in the market and are very confident that bitcoin will soon rise again. Investor confidence in bitcoin is strong, so I expect there will be no repeat of the 2018 bear market.

[Abiky]

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.

As it's always said, "history repeats itself". We're witnessing the events of 2018 where crypto was in a bearish period with no signs of recovery. This usually happens after a period of hype where investors sell their coins in mass to make a quick buck. Newcomers into crypto are the ones left in despair since they invested when crypto was soaring towards new heights. If only they knew how the crypto market truly works, they would've made profits even during a bear market.

Believe me, this is nothing but temporary as the best is yet to come. Bitcoin is predicted to go all the way towards $100k per coin, so there's a high probability altcoins will rise like skyrocket once that happens. Buying coins now would be the wisest decision to make. As long as you don't invest more than what you can't afford to lose, you'll have nothing to worry about. Just my opinion

[Jocuserious]

Yes, you are right because we was receiving short time bear market like 2018-2019 even i remember it was best time for ieo market. However, almost everything has changed in the crypto market, the ieo is now closed and ido market has been going on for some time. Anyway we always choose the best currency to invest in, so the bear market will come back very soon.

[Nrcewker]

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.

MMCrypto might be a great trader or analyst, but i can guarantee you that Bitcoins won’t fall that low.
Minimum Bitcoins will hit 35k USD, not less than that.
And it’s of course a short term bear market if we observe the market correctly.
Bitcoin is struggling in between 37k usd to 47k usd from the past few weeks.
It’s only waiting for a resistance break, then again Bitcoin will start rising.
And who knows next time Bitcoins will cross 70k usd. So at the current price buy as much BTC as possible.

[Devifajarina]

Yes, you are right because we was receiving short time bear market like 2018-2019 even i remember it was best time for ieo market. However, almost everything has changed in the crypto market, the ieo is now closed and ido market has been going on for some time. Anyway we always choose the best currency to invest in, so the bear market will come back very soon.

Technological developments have the opportunity to provide space for anyone to develop, because this really depends on how they can manage it well, we used to be very familiar with IEO but now it's closed by IDO, that's how technology development should go, try choosing a good currency and coin, so that you can invest what you're doing is really worthwhile and when the bullruns come back, get ready to make a profit