Quote from: AjithBtc on Today at 07:09:12 AM

Quote from: Karartma1 on January 22, 2021, 08:59:06 AM

we are in 2018 again (after the 2017 ath).
this is the most difficult trading window available: if you are here for the long run then don't be worried but if you can't keep up with some franticvolatility, refrain from buying and selling.

This time it was different from the 2018 market scenario. During the year 2018 the price fell steep downward gradually once after the market of bitcoin touched its ath. This time the scenario is different, the market keeps undergoing price correction. From every price correction it gains good stability for a forward push than a downward deviation. If it was like the 2018 market now the bitcoin price will be sitting around $20000 - $25000.

Every time is different, yet the trading pattern of 2017-2018 looks pretty similar to what we are witnessing now. I know the scenario has completely changed with institutional money now leading the trades. IMHO a correction after the last ATH was necessary as dumb retail money was jumping onboard and I bet many people smashed their heads quite badly falling from the top.
We will see what happens, we have a long way to go.