What is the difference between 2018 crash and 2021 crash ?

[HenryObi]

And this time it is ELON?

No, Elon musk can't have this much influence. Are you seeing the prices at all? They're beyond what his tweets could do. It might take really long time before we see high prices again. I pity those who bought BTC at 60k

 

[rickaloben]

History repeats itself in every 4 years, by looking at the chart.. this time probably whales played a big role in the crash, hoping that recovery is speedy and more profitable. Hold if you can for long!

 

[WorkingNow]

2018 caused by bitconnect, 2021 will be caused by tether.

 

[ragnarson]

Institutions & Elon

 

[Willyfish]

No, Elon musk can't have this much influence. Are you seeing the prices at all? They're beyond what his tweets could do. It might take really long time before we see high prices again. I pity those who bought BTC at 60k

Yep, it's the bubble effect, people think that what goes up never comes down!

 

[CoderFromHell]

A decline of over 50% is a crash. All major coins in the top 10 coinmarketcap have declined more than 50% from their high this period. If you are hoping for a speedy recovery soon if would advise you get a new job.

this is not 2018. BTC will touch 50k again by mid June. ETH will hit 4K again by mid June. You’re crazy if you think we will be waiting another 3 years.

 

[WatchMaker]

I think market was not that much mature in 2018 but now it has matured a lot. So we will see higher highs as well. What do you think ?

They both started in MAY
The ICO burst was the major reason for the 2018 Crash

So, what is the major reason for the 2021 crash?
China banning bitcoin again?
Elon Musk keeps on shilling Doge?
HODLers are tired of HODLing?
Altcoiners made enough money?
???

 

[zapionyu]

2018 caused by bitconnect, 2021 will be caused by tether.

What will happen to Tether this year?

 

[splishsplash]

Guys, this is not a crash.

This is leveraged positions being squeezed out by institutional investors and weak hands being pushed the fuck out.

Over the next 2 months bitcoin is going to hover between $30k and $40k, then it's going to start shooting up towards the end of the year to $300k+

Watch it happen.

I think a dip was inevitable and Elon + China *ban news* made it happen earlier.

News has and will never cause a massive crypto crash.

The news is not the reason for the crash. It's just causing more people to sell and get out and introducing fear in the market.

Now is the best time in 2021 to buy crypto. Holy shit you guys have no idea. You're going to fucking kick yourself in 4-5 months.

 

[onlinemarketer12]

No, Elon musk can't have this much influence. Are you seeing the prices at all? They're beyond what his tweets could do. It might take really long time before we see high prices again. I pity those who bought BTC at 60k

May be Whales also bought. They will not mind waiting.

 

[Nikolaos]

The 2021 crash was sparked by china's banning of crypto. This means that the market will recover gradually.

 

[onlinemarketer12]

The 2021 crash was sparked by china's banning of crypto. This means that the market will recover gradually.

That happened after the crash actually.