Looks like what happened in 2018 is happening again this year, if it's the same scenario then we can expect a long bear run for the market. Bitcoin dropping below $30k creates panic, altcoins are dumping as well so what can we expect that bitcoin has already fallen below $30k now?
Will we see the same scenario in 2018 or it will be different this time?
i doubt this will happen this year lol.
Bitcoin will never taste that below 20k again at least not this 2021 or even the next.
also remember that there are nearing the new halving in the next 3 years so it will be a climb again next few years.
Actually, Bitcoin price may not go down below $20,000 before the end of this year but one need not to too optimistic about it because anything can happen in the crypto currency market. My believe is that good number people are adopting Bitcoin and crypto currency in general in recent time as compared to what it was in the past, and that will push Bitcoin price forward.