Bitcoin 2018 vs 2022

[danherbias07]

Found this somewhere that compared the same year fluctuations, this is just better with graphs. Yes, the dump may not be over. The first wave upwards will be the investors who are waiting for their moment, maybe new ones who feel like this is it and purchased in a rush.
But there's a chance another dump may come for correction. The second wave upwards though could be the real deal and it will stay at a new price creating a new bottom. But whether buying now or later after another dump, both will surely be profitable.

[RealMalatesta]

Found this somewhere that compared the same year fluctuations, this is just better with graphs. Yes, the dump may not be over. The first wave upwards will be the investors who are waiting for their moment, maybe new ones who feel like this is it and purchased in a rush.
But there's a chance another dump may come for correction. The second wave upwards though could be the real deal and it will stay at a new price creating a new bottom. But whether buying now or later after another dump, both will surely be profitable.

I believe that what we are seeing right now would probably be something that will happen only once in a while and not that frequently, so another fall is unlikely. I am not saying that it can't go lower, it can but it wouldn't be this harsh anymore, it will be a lot less, like maybe 10-20% more but that's about it.

The trick is that when we start to go back up, it would be hard to calculate when it will stop, and that's not going to be easy, I personally do not know when it will start to go back up, but I know it will, yet I have zero clue about when it will start to go back down again after it goes up. If you know that, you are going to profit from the future.

[Jating]

Found this somewhere that compared the same year fluctuations, this is just better with graphs. Yes, the dump may not be over. The first wave upwards will be the investors who are waiting for their moment, maybe new ones who feel like this is it and purchased in a rush.
But there's a chance another dump may come for correction. The second wave upwards though could be the real deal and it will stay at a new price creating a new bottom. But whether buying now or later after another dump, both will surely be profitable.

Yeah, as much as we thought that the dump is over, maybe they are just resting, and the selloff might resume again on Monday.

On the technical side, Moving Averages still confirms that we are still in the downtrend on the weekly charts.

So we might revisit this sort of 'free-fall' area very soon. And the comparisons of chart might still hold true.

[barbara44]

But his price predication about 21k looks legit to me. I will not be surprised if this goes below the 20 k level. After UST and Luna crash everything seems possible to me and I also agree the famous quote "History repeat itself" is not true for crypto. I can see most of the altcoin also setting around -98%, down from its ATH and if BTC fall to 20k level all of them will go below that level too.

The first time I see this thread I almost don't agree with it but seeing the price still decays, I think I am slowly convinced by the OP. We had reached 25k recently and only a few more declines and we are now at the 21k but this seems to take some time because as we can see, the price returns to 28k again.

20k is not far from 21k so it is not really that surprising and even under 20k is still possible if the bears take it more seriously. Everyone is talking about ust and luna, and they blame that two for the recent dump but I think there are still other factors that made the situation more worst like FUDs, manipulation, more negative news and so on.

[romero121]

We're completely in a bear market. Same as that we're moving between 39k and $41k we'll experience between $28k and $31k for some time period. Maybe after that based on the momentum generated we'll see a change in the trend. Anyhow the second quarter of the year isn't gonna cross $50k based on the present market situation. For now it is time to hold, and experienced ones can make something out of scalping.

[Natalim]

We're completely in a bear market. Same as that we're moving between 39k and $41k we'll experience between $28k and $31k for some time period. Maybe after that based on the momentum generated we'll see a change in the trend. Anyhow the second quarter of the year isn't gonna cross $50k based on the present market situation. For now it is time to hold, and experienced ones can make something out of scalping.

Definitely, there's no other way to do this time but to accumulate. We enjoyed the bull run last year, so now we should be prepared for a possible another huge dump, that's just part of the cycle, so there's nothing to worry about here. If the market gave us $20k below bitcoin price, it's still a great opportunity to buy as bitcoin never collapses completely, it's just normal volatility.

[Yamifoud]

I didn't see the market will turn like in 2018, not anymore for I know that people had already changed and learned from their mistakes 4 years ago. As I analyze the current market sentiment, many don't get fall with their emotion and worried too much. The price didn't move down fast which is a good thing to see and that is probably because there is no huge selling happened.

Panic selling is the cause of the last 2018 huge drop and yes, I'd never see this activity which helps to keep the price still high.

[gantez]

Panic selling is the cause of the last 2018 huge drop and yes, I'd never see this activity which helps to keep the price still high.

I think panic buying is also coming in on the current situation of the market and that causing the large dropped of lately. Bitcoin always drop this way gradually when it starts to fall and more weak hand fear and panic to sell . This is making that the price of bitcoin losing a high percentage when it fall .

[ultrloa]

Panic selling is the cause of the last 2018 huge drop and yes, I'd never see this activity which helps to keep the price still high.

I think panic buying is also coming in on the current situation of the market and that causing the large dropped of lately. Bitcoin always drop this way gradually when it starts to fall and more weak hand fear and panic to sell . This is making that the price of bitcoin losing a high percentage when it fall .

I'm not surprised to see this scenario since in fact once there's a drop happen many newbie people think about the bearish times happen and they start to sell off. But what most important thing we need to see on how whales react on every market condition since from there we can actually picture out what will be the outcome in the day. Always see the news since this will help traders to know the market sentiments.

[lornadane]

Panic selling is the cause of the last 2018 huge drop and yes, I'd never see this activity which helps to keep the price still high.

I think panic buying is also coming in on the current situation of the market and that causing the large dropped of lately. Bitcoin always drop this way gradually when it starts to fall and more weak hand fear and panic to sell . This is making that the price of bitcoin losing a high percentage when it fall .

I don't know when this decline will end so that the chaotic situation disappears.
This situation makes us frustrated and crazy as if everything has been lost.
Many big investors end their lives because they are not mentally strong enough.

[speedy963]

I don't know when this decline will end so that the chaotic situation disappears.
This situation makes us frustrated and crazy as if everything has been lost.
Many big investors end their lives because they are not mentally strong enough.

Indeed it does. Not just big investors but also the small ones that invested more than they can afford to lose. Although the warning "only invest money you can afford to lose" is always present and can easily be seen several times in this industry, some people just won't listen and still want to gamble with their money on crypto instead of being patient and more cautious. What's worse is that people does this mostly on meme coins or shitcoins just because of witnessing some hype or some random influencer shilling it. A tough and expensive price to pay for a valuable lesson in life. I just hope they do not end up giving up and actually ending their lives. As long as there is breath, there is hope.

[Marvell1]

Bitcoin has dropped to $27k and has even touched $24k on Binance, of course this is a pain,
but the OP has provided very helpful information, and I thank you, we can see $20k will be Bitcoin's strongest support and we everyone hopes that,
but indeed if you want to take the risk, don't forget to put the stop loss and stay calm

The decreased of bitcoin has caused a lot of panic to those sellers who are planning to sell their bitcoin in this month of May to improve their businesses and other things in the community. I think, it will be difficult for bitcoin price to hit $100,000 this year 2022, because the price has dropped to $27,000 that made many people to hold their coins not to experience losses from the market. I believe the price of bitcoin will not decrease more than $27,000 because the price is preparing to move back to $45,000 before the end of this month to allow people to recover from their losses they experienced from the market early this year.

Currently, bitcoin is trading at $28.8k we have 15 days to the end of May and the distance from 28 to 27 is only 1 or 2 units apart.
I think bitcoin will most likely happen again even under $25k before it can bounce back. We definitely can't see $100k ATH this year. The market will continue to turn for the worse this year with upcoming Fed rate hikes, this year is a bear year only suitable for holding and accumulating rather than waiting for a bull season.

[tabas]

I think panic buying is also coming in on the current situation of the market and that causing the large dropped of lately.

There's always a panic, whether it'd be buying or selling when times like this comes.

Bitcoin always drop this way gradually when it starts to fall and more weak hand fear and panic to sell . This is making that the price of bitcoin losing a high percentage when it fall .

And when this comes, everyone must have understood that it won't be back to the high price yet. It will require another a lot of time before we see those ATHs that we've used to see before. It's going to be another round of waiting and this is where the good time to be far from charts if you're a holder that's starting to feel panic.

[Silberman]

Found this somewhere that compared the same year fluctuations, this is just better with graphs. Yes, the dump may not be over. The first wave upwards will be the investors who are waiting for their moment, maybe new ones who feel like this is it and purchased in a rush.
But there's a chance another dump may come for correction. The second wave upwards though could be the real deal and it will stay at a new price creating a new bottom. But whether buying now or later after another dump, both will surely be profitable.

I believe that what we are seeing right now would probably be something that will happen only once in a while and not that frequently, so another fall is unlikely. I am not saying that it can't go lower, it can but it wouldn't be this harsh anymore, it will be a lot less, like maybe 10-20% more but that's about it.

The trick is that when we start to go back up, it would be hard to calculate when it will stop, and that's not going to be easy, I personally do not know when it will start to go back up, but I know it will, yet I have zero clue about when it will start to go back down again after it goes up. If you know that, you are going to profit from the future.

It seems that at least for now the downtrend has stabilized, however bitcoin is having problems going above the 30k level, before 30k was a support level and now it has become a resistance level, lets see if the bulls can increase their demand and make bitcoin to surpass that level as it is critical, if bitcoin remains below it for long this may cause yet another important drop in its price, which will bring yet another round of FUD and crash the markets again.

[TheGreatPython]

The decreased of bitcoin has caused a lot of panic to those sellers who are planning to sell their bitcoin in this month of May to improve their businesses and other things in the community. I think, it will be difficult for bitcoin price to hit $100,000 this year 2022, because the price has dropped to $27,000 that made many people to hold their coins not to experience losses from the market. I believe the price of bitcoin will not decrease more than $27,000 because the price is preparing to move back to $45,000 before the end of this month to allow people to recover from their losses they experienced from the market early this year.

What's with this month and why they picked up may? Is this a lucky year for building and improving a business and communities? I think they are new in investing because old investors don't have a specific month for selling but the month of may haven't ended yet, we are almost half way. They should have waited first before they sell.

To me, if there are a good month for selling, that will be November or December because this is usually the time where the price of btc rises. The price is so low and it makes us think that btc cant reach 100k anymore but we shouldn't think like that. Let us not forget that btc loves to make surprises.

[Emitdama]

Great chart. Although not completely disregarding the possibility, I honestly thought a few weeks ago that it was quite impossible to get near let alone go below 35k but it did and just went lower and lower. Right now we are at 28k and about to go to lower again at 27k+. A couple of hours ago, we went as low as 26k+. This sell pressure is quite worrisome and as much as I hate it, your prediction may really happen. I just hope that when it does, a bounce will also follow to signal another bull run and not just another long term back and forth movements on several price ranges.

You were right about thinking it wouldn't happen, not because it is impossible but because we were talking about something expected vs what the reality brought which was unexpected and shocking thing. When something this big happens, it is normal to be unexpecting of such a thing. This is what crypto teaches us, even when everything shows one direction, we could go towards other direction if something unexpected happens.

Nobody expected Elon to write tweets about doge and take it from 3 cents to 71 cent neither, and yet that happened. If we accept that a good possibility could happen, then we need to realize that the bad one could happen as well.

[Shasha80]

The decreased of bitcoin has caused a lot of panic to those sellers who are planning to sell their bitcoin in this month of May to improve their businesses and other things in the community. I think, it will be difficult for bitcoin price to hit $100,000 this year 2022, because the price has dropped to $27,000 that made many people to hold their coins not to experience losses from the market. I believe the price of bitcoin will not decrease more than $27,000 because the price is preparing to move back to $45,000 before the end of this month to allow people to recover from their losses they experienced from the market early this year.

What's with this month and why they picked up may? Is this a lucky year for building and improving a business and communities? I think they are new in investing because old investors don't have a specific month for selling but the month of may haven't ended yet, we are almost half way. They should have waited first before they sell.

To me, if there are a good month for selling, that will be November or December because this is usually the time where the price of btc rises. The price is so low and it makes us think that btc cant reach 100k anymore but we shouldn't think like that. Let us not forget that btc loves to make surprises.

No one knows why there must be a very drastic decline this month, we certainly don't panic with the current market crash. Because Bitcoin
has experienced a very deep decline in 2018, so for those who have experienced what happened in 2018, dealing with what happens in 2022 is easier.
In fact, I am still optimistic that the decline that occurred this month will not last long. I predict at the beginning of next month Bitcoin's performance
will slowly recover and finally at the end of this year at least Bitcoin can pump back to the price of $50k-$60k.

As you said usually in November and December Bitcoin performance often increases, and if we want to sell Bitcoin it is better at the end of the year
when the price is high. Selling Bitcoin right now just out of panic, will make us regret. So my advice is to be more patient as long as the market is
still in a bearish trend, because as long as we don't sell the Bitcoin that we have when the price is low, then we haven't experienced a loss.
I also agree that Bitcoin always surprises us, so we have to believe in the bright future of Bitcoin.

[eaLiTy]

I don't know when this decline will end so that the chaotic situation disappears.
This situation makes us frustrated and crazy as if everything has been lost.
Many big investors end their lives because they are not mentally strong enough.

This will be a conundrum that we will be facing because at the moment the cryptocurrency market reacts to other global financial markets and now we are in a situation where inflation is looming and everyone is expecting a financial crisis we cannot expect and invest in the cryptocurrency space thinking it would be a safe heaven apart from the fiat world. So it is a tricky situation and i am expecting it would take a long time to recover. Safe bet is always having the patience till the next halving  .

[Quidat]

Found this somewhere that compared the same year fluctuations, this is just better with graphs. Yes, the dump may not be over. The first wave upwards will be the investors who are waiting for their moment, maybe new ones who feel like this is it and purchased in a rush.
But there's a chance another dump may come for correction. The second wave upwards though could be the real deal and it will stay at a new price creating a new bottom. But whether buying now or later after another dump, both will surely be profitable.

I believe that what we are seeing right now would probably be something that will happen only once in a while and not that frequently, so another fall is unlikely. I am not saying that it can't go lower, it can but it wouldn't be this harsh anymore, it will be a lot less, like maybe 10-20% more but that's about it.

The trick is that when we start to go back up, it would be hard to calculate when it will stop, and that's not going to be easy, I personally do not know when it will start to go back up, but I know it will, yet I have zero clue about when it will start to go back down again after it goes up. If you know that, you are going to profit from the future.

It seems that at least for now the downtrend has stabilized, however bitcoin is having problems going above the 30k level, before 30k was a support level and now it has become a resistance level, lets see if the bulls can increase their demand and make bitcoin to surpass that level as it is critical, if bitcoin remains below it for long this may cause yet another important drop in its price, which will bring yet another round of FUD and crash the markets again.

Im not really that confident when it comes to stabilization because anything or everything could really happen which would really be resulting into impulsive kind of selling or buying decisions.
Its not something new and been common and comparing out into those years between in the market then you couldnt really be sure if there would be some sort of pattern or not.
Everything is unpredictable and cant be known thats why its up to someones decisions and awareness on how they would really be making action.

[suzanne5223]

I don't know when this decline will end so that the chaotic situation disappears.
This situation makes us frustrated and crazy as if everything has been lost.
Many big investors end their lives because they are not mentally strong enough.

The current situation of the crypto market will only make naive crypto investors frustrated and crazy because the market always experience this situation after the ATH market. Besides, you ought to look into the evidence provided by the OP and this is what I always told some people that believe the Bitcoin market to receive a $100K price when the next step is a market correction.