Quote from: shoreno on Today at 04:31:28 AM

Quote from: bryant.coleman on Today at 04:00:41 AM

Quote from: emmybd on March 04, 2021, 08:15:07 PM

This time around bitcoin may not go down as low as happened before. A few years back, after touching 20k it came down as low as 5k. But, this time that's not going to happen. As a lot of big investors and some big financial institutions have invested in bitcoin, so we can say that it has gained some sort of stability. But, there is still room for manipulation by big players.

Institutions are there for the long term, and I don't think that they will sell their coins after 3 months or 6 months, irrespective of the prices. And regarding individual investors, they are aware about what happened when Bitcoin went down previously. Those who sold their coins back then incurred huge losses. So I don't think that a lot of the individual investors will commit the same mistake this time, if the prices go down.

since when the big investors start coming in ? i think it was still early but if that crosses around 3 to 6 months , they may sold thier coins but not in a way of manipulating it . they are not manipulators but big companies are formal investors , it was the whales are manipulating this the market . now you know @op , i hope you can get an idea to what i said and you should act now if your plan is to buy because the price wont drop further until some times but the probability that it will increase is there.

I agree on that there will be a great posibility that bitcoin will not fall continuously i think it will continue to rise up to 100k$ at the last quarter of the year, because bitcoin is now becoming more useful and many investors trust it so even of it will fall it will surely rise up high again.