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?
For this year Bitcoin will not go down at $30k, this is impossible for bitcoin, if you look at the current stable market conditions, I believe the scenario this year will be much different from 2018.
Even altcoins that did not have good expectations this year, actually rose quite well in the market, even though the increase in altcoins was not what people wanted, but what we need to understand this year is that the condition of all coins is good and growing.
You are obviously wrong, bitcoin was already dumped below $30k this year, and that is coming from a new ATH which was at $63500, so it's not impossible to dump again coming from $46,000 which is the current price. IMO, if we like to be realistic, let's expect the unexpected.
Expecting the unexpected is the reality with most of the small scale cryptocurrency hodlers and the new users who are with plans to get into the market. Based on the market movements happened throughout the year till now there is chance of price getting dumped. On the other hand governments are making better policies to allow crypto usage. Probably that will not let the market down anytime. From the polling it is good to see majority doesn't believe on price falling low to $20k.