It tough to predict whether it goes down at $27000 or goes up at $35000. But considering the current market and sudden dip in the bitcoin price, I think it will go to somewhat close to $27000. I would say it is an opportunity for people who are looking to buy bitcoin but unable to do so because of its ever-increasing price.
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Topic: $27000 or $35000? Which will Bitcoin head to at the end of Jan.? - page 4. (Read 600 times)
January 22, 2021, 11:14:35 AM
January 22, 2021, 10:44:37 AM
I think this depends on the individual trader placing the price limit, and it applies to you. The bear market will be an opportunity where the spike will increase again in February. after that we do not know the same price will go down or even break $ 100,000. and to do the bubble it will require the re-adoption of about 40% of the big companies or influential investors.
January 22, 2021, 05:40:02 AM
Is the dip this time filling the gaps or bearish reversion?
I think the filling the gaps down there is the outcome of the current bear now. Price has dropped to 31,275 which is because of the high and hodlers must drop coins to pick their profit. Well I'm not expecting a major bear of price down below $20,000. So reversal may not take us anywhere different from what range the price is now for January.
January 22, 2021, 05:27:26 AM
The problem is Wallstreet buying Bitcoin OFF EXCHANGES so their giant purchases dont influence Price. Without this, the price would be $50k already.
Then other billionaires who got Bitcoin much cheaper selling on exchanges to drop price, call their shorts, and set the market in panic so price drops even further so they can rebuy again and make giant profits.
Now it looks like Wall Street has put Bitcoin in a position where the rich get richer and the poor get poorer.
I think Bitcoin will prevail but maybe we should look into alternatives like small community projects that are evenly distributed before Wallstreet can get in
As for Bitcoin price, as of now it looks like it will stay in the $30ks, probably going up again from the $31k its now.
Then other billionaires who got Bitcoin much cheaper selling on exchanges to drop price, call their shorts, and set the market in panic so price drops even further so they can rebuy again and make giant profits.
Now it looks like Wall Street has put Bitcoin in a position where the rich get richer and the poor get poorer.
I think Bitcoin will prevail but maybe we should look into alternatives like small community projects that are evenly distributed before Wallstreet can get in
As for Bitcoin price, as of now it looks like it will stay in the $30ks, probably going up again from the $31k its now.
January 22, 2021, 02:29:52 AM
Is the dip this time filling the gaps or bearish reversion?
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