⭐ Merited by lobcmt2 (5)
This doesn't mean that they won't sell if the market will be crashing, if anything, it's the retail investors who are likely to hodl forever, no matter what. Yes, institutional investors won't be selling at the bottom, most of them would probably sell long before that happens.
The big crash will come, that's 100% sure, because Bitcoin's volatility is still here with no signs of it going away, it's just a matter of where it will crash - at $20k or $50k or $200k.
They are buy bitcoin, they can sell bitcoin. They can withdraw bitcoin from exchanges to their wallets and in the opposite action, they can move their bitcoin from wallets to exchanges. Outflow and inflow can be flipped and it won't be a surprise if a crash occurs in the overheated market.The big crash will come, that's 100% sure, because Bitcoin's volatility is still here with no signs of it going away, it's just a matter of where it will crash - at $20k or $50k or $200k.
The current year witnessed many unexpected events and the next year will be a test of decentralization, as many countries will start to stop stimulating sectors and stop support for companies, then the economy will become more volatile and we may witness an economic crisis, as happened in 2008, which was a main reason for the idea of Bitcoin.
2020 bull will never be like 2017 or even 2013 because we have different rules and new players.
I don't see how the next will be a test of decentralization? The whales, the institutes won't hold all bitcoin and it does not mean they as companies hold all the bitcoin the companies bought. They bought it for their investors and hold or sell them will depend on decisions of each investors.2020 bull will never be like 2017 or even 2013 because we have different rules and new players.
Different years, different conditions on the market, the world economy, politics, military conflicts and money printing but the market actions are not changed.
Things might be really different from the previous years but all I know is that there's something in nature that we cannot disregard, that's volatility. Thus, things won't be hundred percent in favor with our expectations for this year's "history".
Mr Market has its rule to rise up or fall down or fluctuate. History can be repeated in price fractals but it is not necessary to be repeated to help price gets a new all time high.You know 2013 was just like a test- run and an awareness launch, many people couldn't not even relate with it them, I know those who were participants then must be big-time officials by now, the idea people picked up from it is what many also attempted at the 2017 most doubtfully, then, it was confirmed genuine and not a Ponzi scheme as many thought. Now we are very confident. Bitcoin is getting better every moment.
Each bull run, more people will heard and read about bitcoin, new investors join and many of them will leave the market after all of their savings, money were eaten by the market, by liquidations. Wise and patient people will stay.2013, 2017, 2020 or 2021 are milestones for bitcoin growth. This year, this May halving caught more attention because after this halving, block reward is 6.25 bitcoin per block. https://bitcoinblockhalf.com/
