Quote from: Oasisman on Today at 09:27:59 PM

Quote from: Tekunda on April 19, 2021, 10:04:03 AM

I have no problems seeing a bright future for BTC, but after a major retracement it might again take many years to recover. Look at the last sell off down to $3700. It took almost 4 years to make new ATH.
So should this be the major, expected drop, it could again take many years for BTC to reach 100k.
Many people will be dead before BTC will reach 1 mio.

Man, you cannot compare every bullrun from 2017. It was completely different.
Have you seen many institutions, big names, and companies coming in in 2017?
Have you seen ICO's trying to pump everything in crypto market these days?
Absolutely no.
Before we end this 4 year cycle, we're already passed $100,000.
And we're not in a major retracement, we're still in a bull season. Until the strong support don't break, we're not seeing any major retracement.

You cant really blame out people to have those kind of emotions and perceptions towards the market thats why they do keep trying to connect on what happened in the past.
For now we can bit assure that market wont really be crashing soon because if we do consider on how many strong supports are there then its really hard to
tell that it would be breached or break out if a certain drop happens but we have seen on that recent drop that we didnt get past below 50k
which is a solid indication.