It's the year 2018 over again

[tazmantasik]

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.

Don't just simply believe on youtubers or influencers about their opinion in the market. Yes it is possible that they might be right but they might be wrong as well. I've seen a lot of youtubers preditions before and most of them turns out to be wrong tho. No one can be right at everything, and we should always remember that. And about my opinion regarding the possible 2018 scenario again, I don't think it will happen again. Yes the market is still bleeding right now but I really don't think a huge dump will soon happen again just like 2108. Though there is a possibility, let's just hope it won't happen again.

I don't believe with several Youtube influencer when predicting about bitcoin price drop under $30,000 because they try will getting follower only without have accurate predicting. I think bitcoin price up and drop depending with how situation on world economic and bad issues will bitcoin later any bad news or not. I think have bad news right now why bitcoin back drop and price drastically dump but without any support or good news will continue for bitcoin back drop again or back higher price.

[bonyaserg]

Yes, now the bear market and many have already got used to this situation. But some time will pass, and the situation on the market will change. And now, when the market is not predictable, you need to use all the chances of a bear market. Since when raising the most promising coins, you can get excellent profits. And from the profits, you need to invest in bitcoin, which, according to all my forecasts, should soon rise in price.

[Ezravdb]

Yes, now the bear market and many have already got used to this situation. But some time will pass, and the situation on the market will change. And now, when the market is not predictable, you need to use all the chances of a bear market. Since when raising the most promising coins, you can get excellent profits. And from the profits, you need to invest in bitcoin, which, according to all my forecasts, should soon rise in price.

Bitcoin and the best altcoins will always increase simultaneously in good market conditions so if the profits from investing in altcoins are brought into Bitcoin it is very good, but some people will not have time to do that because Bitcoin always increases faster than the altcoins in the market.

[kojektea]

there is no definite prediction about the bear market this time but bad news in the media and the community has started to spread, since bitcoin went down a few years ago I often meet in the community social media groups they talk about bitcoin really becoming a bubble soon, but I believe that is their motivation to can buy more, I'm just sure the bear market will end sooner or later.

[Cadaver20]

No one can say exactly how long the bear market will be. Different crypto experts are giving different opinions about this. After the bull run in 2017, we saw Bitcoin fall below $3000. It remains to be seen how much Bitcoin will come down after the 2020-21 bull run. The bearish situation has been prevailing in the market for a long time. We hope that this bearish condition of the market will end soon.

[RealMalatesta]

Every bear run we had till now was brutal and the price correction was too steep not just in 2018 but before that as well. Considering that we have not bleed that much when i write this but i am expecting the same kind of bleeding during a bear run. The reasons for the correction might be different but we will see a grand correction in the coming months.

I think we already have a big bear run already don't we? I mean the ATH was at 68k, and then we dropped to 40k levels which was a bear run to begin with, but if we ignore that, then we dropped under 37k once again which is already a big deal if you ask me. So, I would say that things do not look to be that great as of right now, you can call it a correction or you could call it a bear run, whatever you want to call it, the price has dropped and that is why it matters a lot.

I believe that the best way out of this would be getting a new hype, and you could accumulate during this period and wait for that hype to come in order to profit more in the future for taking advantage of current prices.

[Teraboy]

yeah the market could literally bleed even more and the altcoin is already bleeding so much, I think there is many traders out there that got caught in the bearish because thinking that the value of btc could reach $100K but in reality
that’s kinda difficult and bullish doesn’t lasts forever.
I also think that the bearish this time around gonna lasts for long and maybe gonna be there until the end of the year, of course this is just my 2 cents since the market is always moves and hardly could be predicted at all.

[roslinpl]

The price of bitcoin around the 3-4K dollars.The same was enough to get you good valuable coin will gain.But most of the people who had invested huge amount of bitcoin at the value of 35k dollars which is ten times of the 2018 price of bitcoin.We had missed the honeymoon period of the bitcoin.Now the project of crypto currency was based of bitcoin price up and down.

[Grim149x]

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.

idont know . May be yes or maybe not. But in my opinion if this year is a bearmarket maybe this is a short bearmarket. So many people investors know about crypto now ihope this is not a bearmarket its only a long correction and it will be bounce on the last support

[X-ray]

You're totally right about that. Bitcoin will reach 30k rate as soon as possible. there's no reason for bitcoin not to go down even deeper than the current rate. The volume trade was so small and it has no strong demand right now. We must also move to the new era when everything is not fully pegged with the price of bitcoin. The downfall is hurting so many newbies in the market. it seems like another 4 year cycle is going on right now. I would not be surprised if people will be coming to complain about the bearish market soon.

[Frengki_cisco]

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 remember things that happened in that year 18-19, after the halving happened, today Bitcoin fell to the level of 33,700$, in these two days all altcoins also experienced a decline far from forecast.

i was wondering could this be the start of the crypto decline.

[Kunnu]

These days mostly YouTube influencers are playing an important role to ruine crypto industry by spreading negative informations it's better to avoid them. Personally I think the current market conditions indicates a short term bearish signal which may take upto two months to recover although it may be a decent time to grow our portfolio with some quality altcoins.

[adiebitsler]

idont know . May be yes or maybe not. But in my opinion if this year is a bearmarket maybe this is a short bearmarket. So many people investors know about crypto now ihope this is not a bearmarket its only a long correction and it will be bounce on the last support

Everyone also hopes so at this time because it will be very tiring to have to wait for the bull market to arrive with a bear market that is always seen every day, because it makes some people tormented and will not focus on their work as long as the bear market is not finished.

[Semar Mesem]

The sad thing to see the market conditions that continue to be red since the end of the year and make us think that the 2018 trend is repeated again, many people panicked to see the market so choosing cut loss, we should be patient for at least 3 months because the market will skyrocket again as well as the trend that we experience.

[m_nief]

Sad moment right now with bad news on every day and make bitcoin drop drastically until $34,200 last several hours, I don't see any potential with this values as dip price because bitcoin still not stable and show will pump drastically. Have bad memorize on every Mei year make me little worry with bitcoin back drop again like happening on Mei 2021 where bitcoin drop under $29,000? Most serious problem every day with bitcoin because bad news make many people panic for selling bitcoin on lower price, not really try how keep holding and waiting for bitcoin can recovery for getting higher price again.

[GigaBit]

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.

We have been watching the BTC market between $38-42k for a long time. But now it has come down $38k even further. At the moment, many are speculating that the price of BTC may go down further, in which case the altcoins may go to a worse position. But i am not worried about it because we can see the strong support zone in 30k range.

[Ten98]

The sad thing to see the market conditions that continue to be red since the end of the year and make us think that the 2018 trend is repeated again, many people panicked to see the market so choosing cut loss, we should be patient for at least 3 months because the market will skyrocket again as well as the trend that we experience.

Trends like 2018 will not occur in 2022 because the price level of each cryptocurrency is very much different and support for cryptocurrencies has also started to increase so that the duration of the market correction will also experience a difference between 2018 and this year.

[Sebas.tian]

Currently bitcoin and altcoins are slowly showing a downward trend, no one knows for sure when the market will recover, but I believe in cryptocurrencies, especially bitcoin, will recover in their own way and get ATH again even if in a long time.
What I know is that the best time to buy altcoins and bitcoins is when everyone panics about the state of the market.

Based on what people are experiencing from the market right now, showed that bitcoin and altcoins price is about to increase higher for people to start making profits from their investment. Bitcoin price has dropped down to $32,000 few days ago that is making people to think if the price will still hit $100,000 before the end of this year 2022. I think the price of bitcoin just dropped for buyers to use this opportunity to buy more of bitcoin and hold for the price of bitcoin to increase higher before they can sell to make a huge amount of money.

[amihada]

I am thinking the same whether this will repeat itself like in 2018 where in 2018 the price of bitcoin dropped dramatically if this happened again like in 2018 then I will wait for the price of bitcoin to fall in a few days then I want to invest it because in 2018 I missed a golden opportunity and now this year i don't want to repeat the same mistake again.

[abel1337]

I am thinking the same whether this will repeat itself like in 2018 where in 2018 the price of bitcoin dropped dramatically if this happened again like in 2018 then I will wait for the price of bitcoin to fall in a few days then I want to invest it because in 2018 I missed a golden opportunity and now this year i don't want to repeat the same mistake again.

Most of us who experienced that massive drop actually wants bitcoin to repeat itself. I'm sure people who is new to crypto will leave if this happen but people who stay will be rewarded. We've experience those traumatic drop before but now we learned our lesson and want to take advantage of it.  I'm personally waiting for that moment to happen.