Bitcoin 2018 vs 2022

[livingfree]

I'm not worried. The pandemic came and we're at a global recession still bitcoin at $20k sounds good. But I guess we're going to see a peek from the price of under $20k.

Lol, are you still saying $20K sounds good if the bitcoins you currently have in your wallet were bought for around $65K? Some people will definitely worry about this correction but if they knew how the market works then they would probably buy anything on a dip and do a DCA to maximize profit opportunities if the price bounces back.

That's the different case for me, I haven't bought during the peak and I've bought lower than it was right now. I've forgot to tell that and I know that there are others who have a bad situation because they've bought higher.

But I've just learned it through the process and that's why DCA is really an important move to do these days.

It's like a matter of time only until we go back to under $20k which is very possible. The selling pressure is high and everyone's likely going to panic if it breaks that price below $20k.

Panic, selling pressure and worries will affect the psychology of the market. This will certainly have an impact on someone's interest in entering the market, but I can be sure that anyone who already understands how the crypto market works will decide to buy and hold for the long term.

Yes, that's for sure.

Those who have been watching the market closely won't let this opportunity pass. It's either they've bought already or still waiting for some confirmation if it goes lower than the $20k mark.

[FanEagle]

What is happening with bitcoin today can be said to repeat the trend that happened in 2018, the market dropped more than 60% and made many investors panic and choose to sell at a low price, of course this is not a good choice but can reduce bigger losses .

Many people are saying that it is similar to 2018, but the reality is that it is not really similar outside of the crash. I mean in 2018 there was a logical reason for it to go down, because we had a ton of "fights" in the crypto world and some people sold bitcoin, we knew who sold it and why they sold it and it wasn't a repeatable thing and we just had to eat that and move on.

However, this time around it's just market movement and FED and recession that is causing it, so it is not really the same, it could repeat. So, I would say that it is even worse right now, not that it won't get better, of course it will get better, it just means that the same type of crash could happen at any moment because the reasons could be replicated again.

[teramit]

Nice chart, glad to see a chart like this, looking also the other side. I wish I still have sMerit.

then you can check this:
https://www.tradingview.com/chart/BTCUSD/a20R05s5-Bitcoin-cycles/#tc8638840

i thought a lot of people were thinking like this here but came here and saw enough experienced noobs

[lucates]

If we compare bitcoin 2018 and 2022 we see almost the same trend, namely the price drops significantly after reaching ATH, of course there is still a lot of time to see if 2022 will repeat 2018, but I hope it doesn't happen again.

Even if a bitcoin crash is inevitable in both scenarios, a bull run is also there. Apart from fluctuations, its popularity and acceptance should be comparable in recent years. Every day, more businesses accept bitcoin. The total number of Bitcoin addresses almost tripled over the same period.

[Fara Chan]

When viewed from the graph you share, the four -year cycle is real, where bitcoin gets ath in 2021, after that returns to the correction stage, even if recovery is only in a low range, so now .
If we follow the bitcoin trend like the chart you share.
But in reality, there are not many references to strengthen the cycle, althouch bitcoin's journey has such an impact, based on personal analysis, that power is actually strong

[Chainsmokers]

If we compare bitcoin 2018 and 2022 we see almost the same trend, namely the price drops significantly after reaching ATH, of course there is still a lot of time to see if 2022 will repeat 2018, but I hope it doesn't happen again.

Even if a bitcoin crash is inevitable in both scenarios, a bull run is also there. Apart from fluctuations, its popularity and acceptance should be comparable in recent years. Every day, more businesses accept bitcoin. The total number of Bitcoin addresses almost tripled over the same period.

It is impossible for bitcoin to crash because bitcoin has donate or dominate a lot of cramp since it is is when mum and it is when pronounce as a digital currency that you can personally work on and the only thing daughter can subdue the reaction or the act of Bitcoin is when the market is not friendly as it is happening right now for that this only means you can say Bitcoin is irrelevant

after reaching new ATH in 2021, bitcoin experienced a dump or correction of up to -70%,
and the possibility of a correction that occurred this time is still not finished, considering the dump that occurred during 2017-2018 was at -83%,
and the possibility of bitcoin price in 2022 will be the same as 2018,
I'm sure after the bad news MTGOX Bitcoin price will drop again at least at $ 10k or $ 15k, which for sure we have to prepare funds to buy!