The question everyone even slightly involved in the cryptocurrency world is ‘When will cryptocurrency crash?’. When the crash happens, everyone’s asking ‘When will cryptocurrency crash end?’. People want to know about the nearest future so they can invest or withdraw money in/from the market. Where to go next? When any business will crash? How to remain at the top?
We’ve seen some surges and plunges in the latest years, and a lot of them were quite unexpected. Moreover, experts in the field are all estimating different numbers and forecasting different events.
While we also can’t provide the exact dates, the estimates are plenty. The situation nowadays is very unstable, so anything can happen at any moment, and we want you to be knowledgeable about all the details! Being updated about the latest news, price changes, and upcoming Bitcoin halving, will help you be prepared for a crash that might happen. Or has it happened already, just this month? We’ll share everything we know about it to help you catch up.
When Will the Next Cryptocurrency Crash Be: Aren’t We Seeing One?
The latest official crash was at the beginning of 2018. The prices fell by 65% since a huge part of the funds was withdrawn. The situation got worse by the end of the year, marking the 80% fall from the latest peak value. This was followed by the massive growth of the BTC price that in 2017 had grown by impressive 2,700%.
When will the next cryptocurrency crash be?
One could say we’re going through the remnants of one these days. With the spread of COVID-19 and major panic that encircled the planet, Bitcoin fell by about 30% in price. Seeing it plunge by 22% in one day was quite dramatic.
The good news is, after every major crash, cryptocurrencies reestablish their authority and often their prices exceed the last ultimate high. The problem with the current situation is that we don’t know how bad it will get. Bitcoin may rise and exceed all imaginable expectations. It may also be at the same level or even drop if the circumstances get worse.
So, when will the cryptocurrency market crash? It might have just recently, or we’re on the verge of one if the global situation gets much worse. Some theories show $8,000-mark stability, which means no dramatic stuff and therefore no crash. We’re lower than that already.
When Will the Cryptocurrency Market Crash: About the May BTC Halving
There’s another factor that may influence the Bitcoin price in the near future, that shouldn’t lead to a crash. But still, it’s important to be knowledgeable about such an event since it may make the latest price rollercoaster even larger.
Unlike fiat currencies, the cryptocurrency has an upper cap that was established by Satoshi Nakamoto himself. There are only 21 million Bitcoins. Why? Because with fiat, the government can control the supply and increase it to their liking, which isn’t fair from several standpoints. Besides, with the uncertainty of whether Bitcoin would have been adopted at all, the limit was encoded so that potential investors were more motivated to get a bunch back in the day.
So, every 4 years, the block reward crypto miners get is halved because the coin supply is limited. For every 210,000 blocks discovered, there’s a halving, which is approximately 4 years. The next one is in May of this year (2020). The last one is estimated to be in 2104.
After the 2012 halving, in about half a year, Bitcoin rose significantly. Everyone was waiting for the same to happen in 2016, but the increase wasn’t as impressive. Investors were anticipating the halving, thinking that the price surge was encoded and would be a tradition of sorts.
What will happen this year? We can’t know for sure. A lot of experts say the price will rise again, and it might be a bit. But whether there will be a dramatic increase, especially in light of the latest events, we can only guess.
Seeing what stage we’re at now and considering theories when the next cryptocurrency crash will be, there’s no guarantee any rise will happen as estimated this time.
So What to Expect?
There are so many factors contributing to the cryptocurrency market nowadays. It’s difficult to even estimate when cryptocurrency will crash and whether it will rise higher after that. Some experts expect the ICO bubble burst anytime soon, but again, with the latest news, we don’t know for sure what to wait.
Another common question is ‘When stock market crash will money go to cryptocurrency?’. It depends on the state of the crypto world at the time plus the reason for the stock market crash. Again, this year we’ve seen a type of crash in every industry. People panicked and withdrew funds from everywhere. Major companies, cryptocurrency, even regular bank accounts. This brings imbalance since crypto price changes are usually independent of the stock market fluctuations.
All that being said, there’s one question we can answer for sure. ‘Will the big cryptocurrency end in the near future?’ No. The last crash was quite dramatic, but it didn’t burn this asset to the ground completely. All the enthusiasts who follow the trends and are experts in crypto news have seen it rise up from ashes several times, even in the most unexpected times. There are plenty of theories, and while it’s wise to know a lot about them, act using your knowledge, experience, and if it’s applicable, recommendations from wise mentors.
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