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Topic: Bitcoin back to $ 10,000? - page 4. (Read 879 times)

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legendary
Activity: 4102
Merit: 1454
March 16, 2021, 08:50:03 PM
#47
Everyone thinks 20k I reckon, round number and very close to the last high.   To lose more then that would probably surprise many people and lead to multiple years leading into the next halvening even where price didnt make a new high.   What probably happens is some big sell but 20k or higher and then a new higher after that which none the less will shake out many longs and leveraged speculators.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
March 16, 2021, 08:09:17 PM
#46
What threshold will bitcoin go down this year?
Your Very First Post in this account is this

Hello, i think going to 20k-15k because maked to much for dis year !

Seemingly you are trying to predict a Bearish market from the start

Then followed by this

When a correction happens, a lot of people will lose and Bitcoin will WIN! Doesn't it seem strange to you that no one wants money and wants bitcoin? then why does bitcoin value matter?

I was wondering why So much negative about Bitcoin ? so you created that Alt account just to create FUD?

None of your posts seems to support bitcoin anyway.
sr. member
Activity: 533
Merit: 251
March 16, 2021, 07:22:28 PM
#45
When the stimulus stops later this year, there will be a pullback. It can easily go back down to $10k for a short period of time but unless we are reading EVERYTHING in the market wrong, large amounts of buys will keep coming throughout the year and beyond from institutions which will only make the price go up.

PayPal, Square, Tesla, Micro Strategy are not going to sell anytime soon. We are looking at going above $100k soon and never coming back down below that again when this year is out. Institutions like to HODL.
sr. member
Activity: 1638
Merit: 339
March 16, 2021, 06:55:57 PM
#44
The First rule in cryptocurrency is unpredictable, so anything can happen. But logically drop until $10K i think this not possible anymore. In December or January, we will see the real ATH of Bitcoin, and after that massive correction will follow it, Even with a massive correction drop until 10K is impossible.. But the rules No1 can happen anytime
legendary
Activity: 2050
Merit: 1184
Never selling
March 16, 2021, 01:06:38 AM
#43
for now $ 10k will not be easy to achieve !, yes even though i know about the very high volatility in cryptocurrencies it makes people think that $ 10k will be reached again, but for me $ 10k is a very cheap price at the moment, keep in mind that demand is getting more and more, then what happens?
Maybe it will be the other way around if Grayscale and Microstrategy choose to step back from this space and secure their profit so far. This strategy will probably be the thing that bitcoin holder fear the most in the long term even though the market will recover once support come. Do you know how whales play in the market?

But fortunately there are currently no signs of such a strategy emerging. At least it can still be estimated that price will rise again. Scarcity, circulation, adoption and trust have made bitcoin the most desirable asset among small, medium and high level investor.

If I've understood correctly Grayscale can not sell their coins. And anyone who has listened to Michael Saylor for the past several months, knows that he isn't selling either.
legendary
Activity: 2464
Merit: 2094
March 16, 2021, 12:33:17 AM
#42
for now $ 10k will not be easy to achieve !, yes even though i know about the very high volatility in cryptocurrencies it makes people think that $ 10k will be reached again, but for me $ 10k is a very cheap price at the moment, keep in mind that demand is getting more and more, then what happens?
Maybe it will be the other way around if Grayscale and Microstrategy choose to step back from this space and secure their profit so far. This strategy will probably be the thing that bitcoin holder fear the most in the long term even though the market will recover once support come. Do you know how whales play in the market?

But fortunately there are currently no signs of such a strategy emerging. At least it can still be estimated that price will rise again. Scarcity, circulation, adoption and trust have made bitcoin the most desirable asset among small, medium and high level investor.
full member
Activity: 1568
Merit: 100
COMBONetwork
March 15, 2021, 06:41:54 PM
#41
for now $ 10k will not be easy to achieve !, yes even though i know about the very high volatility in cryptocurrencies it makes people think that $ 10k will be reached again, but for me $ 10k is a very cheap price at the moment, keep in mind that demand is getting more and more, then what happens?
of course the price will go up !, and it will be hard to go down, if you think $ 10k is a good price to buy again this year, then you will miss the moon!
sr. member
Activity: 1288
Merit: 253
casinosblockchain.io
March 15, 2021, 05:50:19 PM
#40
is a BTC at 10k still profitable for miners ?
This is will test the mentality of the miners, Are they will out or will survive, but you should know that if miners keep mining so it's still profitable. I think miners will never sell their Bitcoin earnings if not profitable for them, so Bitcoin will never go down to the price that not profitable for miners
hero member
Activity: 1834
Merit: 566
March 15, 2021, 05:33:09 PM
#39
What threshold will bitcoin go down this year?
Tomorrow are not promised and it hard to predict what the price of Bitcoin will be before the end of this year but I expect market blood bath between 1 or 2 weeks of the last month of this year. I spite that, it still hard to tell if the bottom price will be $10,000 but that chance for it to dump to the $10K price range is slim.
hero member
Activity: 2716
Merit: 552
March 15, 2021, 05:17:10 PM
#38
Here is ATL each year from 2012-2020

Year   Price
2012    $4.00
2013    $65.00
2014    $200.00
2015    $185.00
2016    $365.00
2017    $780.00
2018    $3,200.00
2019    $3,400.00
2020    $3,780.00
2021   Huh

I have two predictions...

2021    $7,786.00        <----- average of ATL  since 2014

2021    $14,477.40      <----- average of ATL since 2012


Well, that's kinda fair and convincing prediction based on the past ATL records. But, I am more inclined to the belief of Btc won't be going anywhere below $15,000 as an ATL this year, and $10,000 would be the sharpest drop.
Nevertheless, Btc is still bullish for quite a long period already and everything that goes up will eventually go down. Question is, how hard will it fall?
Though, I guess it won't be that hard as everybody thinks. Big companies and names are still coming in to crypto market and that's enough reason for Bitcoin not to have the sharpest drop like in 2018.
legendary
Activity: 2198
Merit: 1311
March 15, 2021, 04:30:41 PM
#37
^^^^How long you are waiting for the market to go down  Tongue. I did expect a correction once the price of bitcoin crossed the old all time high valuation but then it never had any breaks and was crossing all the resistance we thought will take a long time break it was moving up without much resistance and the price touched $60k and how long do you think it will reach your expected valuation.

This year for sure. It will then bounce around $10k a little bit, and then continue falling toward $0 as I've proven.
legendary
Activity: 2282
Merit: 1023
March 15, 2021, 04:20:37 PM
#36
^^^^How long you are waiting for the market to go down  Tongue. I did expect a correction once the price of bitcoin crossed the old all time high valuation but then it never had any breaks and was crossing all the resistance we thought will take a long time break it was moving up without much resistance and the price touched $60k and how long do you think it will reach your expected valuation.
legendary
Activity: 2198
Merit: 1311
March 15, 2021, 01:26:41 PM
#35
The collapse back to $10k is strongly underway.
hero member
Activity: 2128
Merit: 520
March 15, 2021, 12:10:55 PM
#34
My prediction is that this year the Bitcoin price won't drop to $ 10k. The lowest Bitcoin price possible at $ 30k, but it's also not going down any time
soon. Especially now that the Bitcoin price is still in a bullish trend, so maybe it will just correction to the price of $ 48k, after that it will go back up
again. Bitcoin's performance has been extraordinary this year, beyond the expectations of many people. Imagine that in a short time it could reach
a price of $ 61k. There is no asset that performs as well as Bitcoin, so definitely regret it if there are people who have not invested in Bitcoin.


If you do follow the last actions that take place in regards to some corrections, Bitcoin fall and lots are saying that it

will continue but suddenly it bounce back and reached another high, possible that it will happen again and with those

many new investors who are willing to take time waiting for a much better value, going back to $10K is far at this moment.
sr. member
Activity: 1876
Merit: 318
March 15, 2021, 09:32:55 AM
#33
My prediction is that this year the Bitcoin price won't drop to $ 10k. The lowest Bitcoin price possible at $ 30k, but it's also not going down any time
soon. Especially now that the Bitcoin price is still in a bullish trend, so maybe it will just correction to the price of $ 48k, after that it will go back up
again. Bitcoin's performance has been extraordinary this year, beyond the expectations of many people. Imagine that in a short time it could reach
a price of $ 61k. There is no asset that performs as well as Bitcoin, so definitely regret it if there are people who have not invested in Bitcoin.
sr. member
Activity: 2380
Merit: 366
March 15, 2021, 08:55:15 AM
#32
in short. forget $10k.... 22k is the ultimate bottom now. and a good chance $37k is a good strong support

Here is a more reasonable range. This is already the most bearish of all practical bears. Personally, I will not be recommending that whoever wants to enter into Bitcoin will have to wait for $22,000 to even $37,000. This range is already too far down that the probability of meeting such price in the market is very low. So the risk of not actually making a Bitcoin purchase after a long long time of waiting is high.

Be careful with being too cheap you might miss the train.
sr. member
Activity: 882
Merit: 269
March 15, 2021, 08:36:56 AM
#31
The lowest price of 2021 will be whatever that dip at the beginning of year was, when it dipped for a few days from like $34k. I believe it went down to $27k. That'll be the year low.

If we get a peak with a few months left in the year we could see prices back to around $60k by end of year. I wouldn't be surprised if we never see under $50k again. I doubt the next correction will go under $50k. And I doubt the next bear market will go under $50k as I don't expect it to be as deep or as long as previous ones thanks to big money in bitcoin now, and besides I doubt it'll have bottomed by end of this year even if the peak comes like in Aug/Sept.

So the 2021 low is $27k. The lowest we'll see from here on out is probably something in the $50,000s.

Well i also bet that whenever the bitcoin goes down within the year it shouldn't go down low at $10,000. Well i guess i believe that the situation of bitcoin market today was too far different from 2018-2019 market value which here bitcoin dip down to $3000. Bitcoin was a well-known cryptocurrency now where it attracts potential and also world renowned richest man and investors. If the bitcoin price went through price correction it might be between $30000-$20000.
legendary
Activity: 4410
Merit: 4766
March 14, 2021, 07:10:15 PM
#30
i just done some calculations
of all the UTXO(coin movements) 6.8mill coins of the 18.6m circ shifted in the last 6 months. where over 75% moved while the price was over $37k

75% of active movers(last 6 month active users) wont wont to sell at a loss below $37k

minin costs minimum cheapest cost is about $22k so miners on the most efficient asics wont sell below $22k. and hobbiests with higher costs wont sell that cheap.
infact hobbiests with higher mining costs will stop mining if it went down to that level and just buy like crazy as it would be super cheap to just buy instead of mine if it goes below their higher personal threshhold

so there is really high support/resistance. to let it drop below $37k and even more support pretty much all active bitcoins that will not sell below $21k

..
in short. forget $10k.... 22k is the ultimate bottom now. and a good chance $37k is a good strong support
legendary
Activity: 2492
Merit: 1232
March 14, 2021, 06:59:33 PM
#29
Possible, but $10k is too slow for this prediction, we know that there's no infinite growth of Bitcoin price and if there is an all-time high, there's also an all-time low.  It was been expected by most that right after this bullish trend there would be a small pullback on the market price and all of us have a crystal ball and draw our own insight.  For me, it will hardly break down the $30k price, look around, there are too many investors including institutional and even private companies start adopting Bitcoin.

For now, let's enjoy the recent pump of Bitcoin.  Dont think too much about the possible pullback that might cause FOMO on us.  Bitcoin prices remain predictable at the end.
sr. member
Activity: 1288
Merit: 253
casinosblockchain.io
March 14, 2021, 06:48:58 PM
#28
What threshold will bitcoin go down this year?
I think after a big correction Bitcoin will drop like happen in 2017 and for dump until  $10K I think still possible if based on the current price. But we are too early to predict the deep price. So let's wait until Bitcoin hit the peak price and the bull run will over and will make it easier to predict the deep price
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