Bitcoin back to $ 10,000? - page 2. | Bitcointalksearch.org

arufox

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I am sure Bitcoin will not drop to $ 10k this year, because there are already many institutions investing in Bitcoin, making Bitcoin's fundamentals
much stronger. And usually institutions don't plan to sell Bitcoin in the near future, because this made me believe the Bitcoin price would not fall
back down to $ 10k. Even now, the Bitcoin price has not experienced a deep correction, but the price is getting higher. So I'm not worried about
Bitcoin dumps like the one in 2018.

When dumped like 2018-2019, this is the worst situation for Bitcoin but even with the situation Bitcoin can raise and keep growing until now, and at that time institution not join. And now we are in bullish season and many institutions join, so incidents like 2018 and 2019 will never happen again. After peak price will dump massive but will be different with few years ago

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10k is not impossible but improbable. Theres no sign of any big sell yet, any giant down like that in market action would need to take place over months so that'd be 2022. I have to wonder what forces such a negative, a strong dollar is possible and occurred in 2018 in that way. 30k is the target downside I would say immediately if trend breaks for this current action upwards generally. It could over shoot further to 20k because thats an area of the last high but Im fairly sure I'd be aiming to buy between 20k and 30k as a trade in reaction if nothing else.

If BTC is used as curency its always in competition to competing standards so measure the attraction elsewhere as some determination. 30yr yield on dollar treasury I presume is some pressure to sell, 10yr more commonly is examined; a different chart for once to pin to the wall

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The 30YR Yield is above the weekly 200 MA today ... 2.8 then 3.3 next
Lets see what happens about the SLR next week https://twitter.com/NicTrades/status/1372543207993643013

fadhilz123

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Quote from: 91tommy on March 14, 2021, 04:33:02 AM

What threshold will bitcoin go down this year?

I was reply thread about Bitcoin will drop to 20K this year and I'm not sure about that, in my mind 50% possible and 50% impossible. And I read your thread, I just want to say impossible, Because 10K is too much dropping and 10K is not make sense.

Quote from: Ridwan Fauzi on March 21, 2021, 03:39:35 PM

If something bad happen, I mean the crash just be back again then I a have prediction that the low price that will br reached is $30.000 not $10.000 anymore.

The lowest price is 30K makes sense, Agree with you, not 10K, impossible

Ridwan Fauzi

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Quote from: 91tommy on March 14, 2021, 04:33:02 AM

What threshold will bitcoin go down this year?

Seriously? What the reason behind it? $10.000 is really far to reach. Indeed, bitcoin had felt a bad thing momment especially at 2018 ago. Its price increased and decreased a lot, so that is your benchmark right?

But, we have different opinion/prediction against it. Bitcoin price has mass adoption now, there are so many instutional investor just interested and buy bitcoin as the next investment place.

If something bad happen, I mean the crash just be back again then I a have prediction that the low price that will br reached is $30.000 not $10.000 anymore.

tygeade

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Quote from: decodx on March 21, 2021, 05:27:57 AM

No one can say for sure what will happen in the future. The Bitcoin price may seem high at the moment, but it may look like a good price to enter in a few months or a year. Imagine what the current price will look like when Bitcoin is at 100k levels. I'm sure many will regret not buying it before. Just as many regret about past times but it never occurred to them to buy when bitcoin broke 20k earlier this year.

Personally, I love that famous saying: The best time to buy bitcoin was "yesterday" and the second best is "today"! Wink

That's what we have said to many people and I still have friends who literally have money in exchanges but do not buy right now and wait for it to go under 50k to buy again. So you can't convince everyone, some people will be capable of understanding the situation, some people may feel like they are not doing it properly, all these things we are doing right now makes sense to us but may not make sense to others.

This is why I think we can't really argue with people about what they are doing, we may end up with absolutely nothing at all, we may end up with a much bigger drop next time, and then we will be the upset ones and those who didn't get in will be capable of getting it cheaper and they will be the right ones. Or maybe it will go to 100k like you said and we will be the right ones, that is why I do not make any type of big claims about what will happen.

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Quote from: Silberman on March 20, 2021, 07:14:31 PM

I agree, I know that people now want to have the chance to buy once again at that price but they had months or even years to buy for a price that was way below that and they did not took advantage of it, people need to just accept the reality of this, that price is never going to come back and they have to take a difficult decision, they buy bitcoin right now at a very high price or they wait for a correction or a crash to come so they can buy for a cheap price with the disadvantage that the price could skyrocketing while they wait.

No one can say for sure what will happen in the future. The Bitcoin price may seem high at the moment, but it may look like a good price to enter in a few months or a year. Imagine what the current price will look like when Bitcoin is at 100k levels. I'm sure many will regret not buying it before. Just as many regret about past times but it never occurred to them to buy when bitcoin broke 20k earlier this year.

Personally, I love that famous saying: The best time to buy bitcoin was "yesterday" and the second best is "today"! Wink

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Quote from: Silberman on March 20, 2021, 07:14:31 PM

Quote from: danherbias07 on March 17, 2021, 02:46:54 AM

It would be amazing if someone can predict that accurately. Grin

10k is too far by now.
I think there is so much reason about why it won't go back to that number again.
Institutional investors and big companies already holding it. I doubt they will sell in a rush. Minimum will be 5 years before they might start dumping it.
Elon Musk has his shares too and I don't think he is the type to just sell it because there is no need for it just yet.

I agree, I know that people now want to have the chance to buy once again at that price but they had months or even years to buy for a price that was way below that and they did not took advantage of it, people need to just accept the reality of this, that price is never going to come back and they have to take a difficult decision, they buy bitcoin right now at a very high price or they wait for a correction or a crash to come so they can buy for a cheap price with the disadvantage that the price could skyrocketing while they wait.

Yeah, and market crash for bitcoin is almost impossible. maybe there will be a correction in the next few months, and even then I don't think it will reach the price level below $30k, considering that now bitcoin has a strong holder like Tesla

Silberman

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Quote from: danherbias07 on March 17, 2021, 02:46:54 AM

It would be amazing if someone can predict that accurately. Grin

10k is too far by now.
I think there is so much reason about why it won't go back to that number again.
Institutional investors and big companies already holding it. I doubt they will sell in a rush. Minimum will be 5 years before they might start dumping it.
Elon Musk has his shares too and I don't think he is the type to just sell it because there is no need for it just yet.

I agree, I know that people now want to have the chance to buy once again at that price but they had months or even years to buy for a price that was way below that and they did not took advantage of it, people need to just accept the reality of this, that price is never going to come back and they have to take a difficult decision, they buy bitcoin right now at a very high price or they wait for a correction or a crash to come so they can buy for a cheap price with the disadvantage that the price could skyrocketing while they wait.

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Quote from: ivankoh on March 20, 2021, 06:41:07 PM

Quote from: 91tommy on March 14, 2021, 04:33:02 AM

What threshold will bitcoin go down this year?

Really, I understand your mind very well. Lol. But Bitcoin can't go down to $ 10k, which is a big difference I don't think should be hoping for. Bitcoin will now hit the next ATH of $ 65k, $ 85k, and $ 100k and remain at $ 50k this year with large and symmetrical cash flow surpluses. Bitcoin will probably never go back to $ 10k. Things have changed rapidly since the start of covid 19.

Nothing is impossible but its really hard to believe on that we would really be going back into this price where everybody is already recognizing bitcoins existence.

Going back to 10k does signify that there's something happening wrong with bitcoin itself.Basing off on adoption rate or level then its really impossible for us to see these numbers again.

This time isn't the same on that 2017 bubble pop, we might crash but wont really be that hard on the lowest level but still we should not really be that confident.

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Quote from: 91tommy on March 14, 2021, 04:33:02 AM

What threshold will bitcoin go down this year?

Really, I understand your mind very well. Lol. But Bitcoin can't go down to $ 10k, which is a big difference I don't think should be hoping for. Bitcoin will now hit the next ATH of $ 65k, $ 85k, and $ 100k and remain at $ 50k this year with large and symmetrical cash flow surpluses. Bitcoin will probably never go back to $ 10k. Things have changed rapidly since the start of covid 19.

MuffinMaster

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Quote from: 91tommy on March 14, 2021, 04:33:02 AM

What threshold will bitcoin go down this year?

It all depends on how long / until when the bull run will continue. It is very likely that prices will continue to rise until next year, so this year I would not expect prices to drop at all. However, if the bull run ends before the end of the year, I think the maximum decline will be around $20k

batang_bitcoin

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Quote from: decodx on March 19, 2021, 06:35:02 PM

I bet $100,000 and even $60,000 was just as unthinkable a few years back. It was also similarly impossible to imagine that we'd be putting a trillion dollars into Bitcoin. That's exactly where we're at.

Yeah, when someone says about $1M it's really unbelievable and will make of us doubt it. Just like before when bitcoin was priced in $100-$500, nobody would have thought that it can pass $10k and so on. The same vibes, yeah, I agree.

Quote from: Distinctin on March 19, 2021, 05:56:16 PM

Why is some of us here are happy to see when bitcoin will dump to $10k?

I don't want to see it go down again, the price above $50k is already a stable price which is very favorable that I want to be the lowest that we can see before it goes to another ATH.

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Quote from: Hippocrypto on March 20, 2021, 04:56:13 AM

Quote from: 91tommy on March 14, 2021, 04:33:02 AM

What threshold will bitcoin go down this year?

If bitcoin won't go down so bad this year, we won't see $10k price because more adoptions happening today due to uprising demand. $20k-$30k will become the very cheap price before we will experience another ATH that could bounce at maximum $100k. Our patience will be tested on this certain situations, but with determination and courage we will be able to survive until our goals will be meet perfectly.

Many people think that its a start of bearish market when bitcoin price suddenly dump last month but all things change when suddenly pump and reach another breathtaking new ATH, so for this we can provably see more so those $10k wont come this year for sure since many are willing to buy at $40k to $30k level so for sure after that the pump will follow. Also the $10k is so low so this is close to impossible to be reached.

Consider the adoption happen so far and thia is big indication that we are doing good on bitcoins.

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Quote from: Rikafip on March 14, 2021, 04:47:44 AM

Let me check my crystal ball :p

Joke aside, I don't really think that we will see bitcoin again at $10,000 any time soon, or ever for that matter. To go down from these levels (~60,000) to $10,000 it would mean more than 80 correction, so something like we saw back in the early 2018. Situation is different now, big names are now buying BTC so I don't expect panic selling like before even when it goes down. Another reason why I don't see 10,000 happening is because 60,000 is definitely not the top of the bull cycle. So more we go up, less chances to see BTC at $10,000. I personally don' think that BTC goes below 20k.

The only way for us to see 10k BTC ever again is imho some major fuck up or some widespread ban on everything BTC related.

Very well said, with big numbers of people and large institutions already venturing Bitcoin I don't think it will fall beyond $20k so yeah it there's a small chance for it to go back at $10k unless those whales dump all of their holding which is I don't think gonna happen. Even if some country decided to ban Bitcoin I don't think it will be enough to bring it down, yeah it could probably hit hard but I don't think it will fall into the ground. There will some correction but it won't be fatal as you think, this will push Bitcoin even higher.

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Quote from: 91tommy on March 14, 2021, 04:33:02 AM

What threshold will bitcoin go down this year?

If bitcoin won't go down so bad this year, we won't see $10k price because more adoptions happening today due to uprising demand. $20k-$30k will become the very cheap price before we will experience another ATH that could bounce at maximum $100k. Our patience will be tested on this certain situations, but with determination and courage we will be able to survive until our goals will be meet perfectly.

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Quote from: Distinctin on March 19, 2021, 05:56:16 PM

Why is some of us here are happy to see when bitcoin will dump to $10k?

lol.. I'm guilty.. I like to see it dump so I can start accumulating, I failed the last time and I sold early, if given a chance I would not hesitate doing it.
The price is already high, it takes 80% dump from the current price in order to see the price we wish to see.

These are unbelievers and latecomers who missed making a huge profit when the market crashed because of the pandemic, they are wishing for the second round, but these are also the same people that will sell when they see the market crashing, the possibility of the market crashing again is slim, because, they are now stable, people and institutions have realized the potential of Cryptocurrency

decodx

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Quote from: Maslate on March 18, 2021, 05:33:32 PM

Quote from: decodx on March 18, 2021, 04:58:59 PM

The question is, will it hit the upper price of $100,000 within the next year or will it hit $1 million within the next five to ten years?

I guess that $100,000 is more likely than the $1 million in the next five to ten years, I just can't imagine bitcoin will hit that high in just a short period of time. Maybe we need more time for real adoption and not just more on market manipulation by the whales.

I bet $100,000 and even $60,000 was just as unthinkable a few years back. It was also similarly impossible to imagine that we'd be putting a trillion dollars into Bitcoin. That's exactly where we're at.

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Quote from: molsewid on March 19, 2021, 03:48:53 AM

Quote from: Saisher on March 18, 2021, 06:26:25 PM

I hope you are not wishing it, $10k is a huge crash and it's only a year that we have a major crash, let's just reap what we just sow, market is looking good and it will continue to be, I don't think or we don't think it will go down to $10k again at the present scenario we are in, we are good, things are looking well and I don't see anything bad that can make the market crash to $10k at least for now.

How i really hope so that OP didn't wish this thing to happen in bitcoin because to be honest the frustration of bitcoin investors and traders will be huge. But to be honest, though we know how volatile cryptocurrency was and anything could happen unexpectedly but I didn't think so that this might happen in bitcoin as of the moment because bitcoin dominance were quite impressive which no indication that it might fall on that kind of market value.

Why is some of us here are happy to see when bitcoin will dump to $10k?

lol.. I'm guilty.. I like to see it dump so I can start accumulating, I failed the last time and I sold early, if given a chance I would not hesitate doing it.
The price is already high, it takes 80% dump from the current price in order to see the price we wish to see.

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Quote from: Saisher on March 18, 2021, 06:26:25 PM

I hope you are not wishing it, $10k is a huge crash and it's only a year that we have a major crash, let's just reap what we just sow, market is looking good and it will continue to be, I don't think or we don't think it will go down to $10k again at the present scenario we are in, we are good, things are looking well and I don't see anything bad that can make the market crash to $10k at least for now.

How i really hope so that OP didn't wish this thing to happen in bitcoin because to be honest the frustration of bitcoin investors and traders will be huge. But to be honest, though we know how volatile cryptocurrency was and anything could happen unexpectedly but I didn't think so that this might happen in bitcoin as of the moment because bitcoin dominance were quite impressive which no indication that it might fall on that kind of market value.

kapalmabur

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back to $ 10000 in my opinion is still something that will not happen in the near future, because there are many holders this year,
look at the dominance of bitcoin is still at 60%, of course this indicates that there are still many holders, so don't worry $ 10000 is just a dream,
don't wait for fell at $ 10k, but wait for a correction to occur like 2 days ago

Topic: Bitcoin back to $ 10,000? - page 2. (Read 879 times)