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Topic: Bitcoin back to $ 10,000? - page 5. (Read 879 times)

hero member
Activity: 2240
Merit: 848
March 14, 2021, 06:38:34 PM
#27
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.
sr. member
Activity: 2506
Merit: 368
March 14, 2021, 02:27:32 PM
#26
It might dropped to that certain level but no one can actually tell what year that would happen but if you look at the previous ATL each year I think $10k is long gone and I'm pretty sure it won't happen this year. Look what price people are waiting to happen in this bullish market it's not yet a time for bear.

With all of these large institutional investors putting their money on the line and increasing the Bitcoin adoption. We might see more of them coming to join the bandwagon and make another ATH within this year. Speculators are expecting a $100k to $150k as an ATH I don't think there's a room for that $10k. Imagine how much percentage of price investors would lose if it is going to drop at $10k?
legendary
Activity: 1652
Merit: 1265
March 14, 2021, 01:03:56 PM
#25
$10k is long gone. Get over it  Cool

This bull market is going to go to the $150k-300k magnitude
Then the bears will pull it back down to a sixth which would be $25k-$50k
Then go back up to $1M or higher.
That’s something we should not say to bears, let them think that we could reach to bear levels once again, they will sooner or later realize that we will not reach to 10k levels and that is going to be the most profitable things for the bull people. Let those who create FUD sell their coins so that we could buy theirs and make profit, let them think that 10k is possible so that they fear and panic sell their coins in order for us to buy it cheaper and hold it and make profit.

Look at people who got scared and sold and dropped the price to 43k, we have made 50% profit from those days very quickly, where else could we make 50% profit in two weeks time? Nowhere else would have helped us make that kind of money. This is why I believe we should like these people, let them be whoever they want to be and fear from a 10k dip again, that would be beneficial for us anyway so I do not mind.

I agree, I'm too nice Smiley

More coins for us Wink
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
March 14, 2021, 12:59:23 PM
#24
Don't know what threshold will allow bitcoin to drop by at least half from now, let alone fundamental, is it possible that there will be a stronger threshold so that the market is more shaky and cannot be controlled by anyone?
The price is already too high what makes us wish it could go down even further? don't we want high prices before or do we want to buy lower and want faster profits? I think it will be difficult if we are chasing an uncertain thing which is clear in the future it will be higher and your new ATH will be reached in the next quarter.
hero member
Activity: 3080
Merit: 603
March 14, 2021, 12:49:08 PM
#23
Maybe in our wildest dreams, bitcoin would go back to $10,000. It is volatile but IMHO, we're not going to see it again. The most possible price that we might see is half of today's price. Maybe from $30,000, the lowest could be $25,000.
What people are thinking about today is the highest what bitcoin can be achieved before the end of the year. We're about to end the first quarter and it's totally freakingly amazing that we've seen bitcoin on new highs.
member
Activity: 308
Merit: 31
Your Data Belongs To You
March 14, 2021, 12:44:43 PM
#22
is a BTC at 10k still profitable for miners ?
legendary
Activity: 3318
Merit: 1128
March 14, 2021, 12:38:00 PM
#21
$10k is long gone. Get over it  Cool

This bull market is going to go to the $150k-300k magnitude
Then the bears will pull it back down to a sixth which would be $25k-$50k
Then go back up to $1M or higher.
That’s something we should not say to bears, let them think that we could reach to bear levels once again, they will sooner or later realize that we will not reach to 10k levels and that is going to be the most profitable things for the bull people. Let those who create FUD sell their coins so that we could buy theirs and make profit, let them think that 10k is possible so that they fear and panic sell their coins in order for us to buy it cheaper and hold it and make profit.

Look at people who got scared and sold and dropped the price to 43k, we have made 50% profit from those days very quickly, where else could we make 50% profit in two weeks time? Nowhere else would have helped us make that kind of money. This is why I believe we should like these people, let them be whoever they want to be and fear from a 10k dip again, that would be beneficial for us anyway so I do not mind.
sr. member
Activity: 2226
Merit: 347
March 14, 2021, 12:17:14 PM
#20
What threshold will bitcoin go down this year?
Who knows?
No one does have the ability to see the future this is why its really an impossible question to be answered and we are all having the same questions in mind on when this bull run would end
and how possible we would able to go back into those prices but to presume out on the current adoption rate then its hard to say that we would really be heading back down into that level.
Instead of worrying yourself into those price levels then its better to cherish out the current situation we are in.Buyback when there's a correction then sell out when
there's a recovery.It might sound simple but this will really be that worth of your time and effort if you done it well.
full member
Activity: 562
Merit: 100
March 14, 2021, 12:16:33 PM
#19
What threshold will bitcoin go down this year?
The price of bitcoin is so high at this time and it will be rising more. We can hope that bitcoin will touch $80K within some days. If bitcoin falls down, it won't less than 30k in my opinion.
legendary
Activity: 2198
Merit: 1311
March 14, 2021, 09:44:15 AM
#18
What threshold will bitcoin go down this year?

The potential downside is infinite.

edit: and also highly probable
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
March 14, 2021, 09:04:50 AM
#17
2021    $7,786.00        <----- average of ATL  since 2014
.
.
2021    $14,477.40      <----- average of ATL since 2012
Ironically even if we see this price still there will be people who will miss the train. Once the price will start falling those seating on the side bench guys even those who are already in Bitcoin bought when the price was over $30k will start panicking by thinking that it's the time bitcoin is going to disappear.

Remember last time when bitcoin was below $3.2k after it's ATH of over $19.xxxK?

By the way nice visualization.
legendary
Activity: 2179
Merit: 1201
March 14, 2021, 08:52:39 AM
#16
Yeah maybe even $1000  Roll Eyes
sr. member
Activity: 2380
Merit: 366
March 14, 2021, 07:44:12 AM
#15
No, not that low. It is more probable that Bitcoin will reach $100,000 within this year than go down so low at $10,000. I don't even predict that Bitcoin will still go down below $40,000 within the year, or ever again. The momentum is incredible. The entries of large institutions mean that it has already earned the interest of the top companies not just at Wall Street but in the whole world.

If you are waiting for the worst dip within the year so that you could finally enter, don't do it at $10,000. First, because Bitcoin won't reach that low. Second, because if ever Bitcoin falls down to that price, you would surely end up not buying at all.
legendary
Activity: 1652
Merit: 1265
March 14, 2021, 07:07:07 AM
#14
$10k is long gone. Get over it  Cool

This bull market is going to go to the $150k-300k magnitude
Then the bears will pull it back down to a sixth which would be $25k-$50k
Then go back up to $1M or higher.
hero member
Activity: 1456
Merit: 940
🇺🇦 Glory to Ukraine!
March 14, 2021, 06:27:55 AM
#13

My prediction is that BTC will keep the lowest value somewhere between 10k and 50k. That's the best I can do right now.  Cheesy

If it goes below 10K, my wallet is ready. Healthy correction, here we come Grin

Yeah! Yeah! With that prediction, I'm actually going to be able to afford a whole bitcoin. Just bring it on!
legendary
Activity: 3038
Merit: 1169
March 14, 2021, 06:24:43 AM
#12
it sounds to me that OP is wishing for the price to go down beyond $10,000 which is I think may never happen the recent all-time low was due to the pandemic and right now that stretch of a dip may never happen again and right now we may see a $20,000 USD dip or higher than that this staggering change was pretty much tremendous and Bitcoin is never stopping in increasing because right now the price is at $60,000 USD it may sure hit another correction but I think the floor is pretty much clueless right now and out of sight.
hero member
Activity: 2128
Merit: 532
FREE passive income eBook @ tinyurl.com/PIA10
March 14, 2021, 05:58:14 AM
#11

My prediction is that BTC will keep the lowest value somewhere between 10k and 50k. That's the best I can do right now.  Cheesy

If it goes below 10K, my wallet is ready. Healthy correction, here we come Grin
hero member
Activity: 2842
Merit: 772
March 14, 2021, 05:57:45 AM
#10
What threshold will bitcoin go down this year?

Slim chance that we will see bitcoin at $10k.

We are in the bull run, and as the price obviously goes up, the less chance we might see it even hitting $40k. If we had like a covid-19 news that will really put a big dent not just on bitcoin, but the rest of financial markets, we might see 50%-60%. But that will be around $25k-$30k base on the current market price.
hero member
Activity: 1456
Merit: 940
🇺🇦 Glory to Ukraine!
March 14, 2021, 05:56:54 AM
#9
What threshold will bitcoin go down this year?

Traders and investors should be prepared for the sky to come crashing down and then recover, as it inevitably has in the past. But the value of bitcoin will have to keep rising at a significant pace to meet the expectations set by this year's extraordinary rally.

My prediction is that BTC will keep the lowest value somewhere between 10k and 50k. That's the best I can do right now.  Cheesy
legendary
Activity: 1904
Merit: 1159
March 14, 2021, 05:53:06 AM
#8
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
You stole that prediction out of my brain! How did you do that?
I don't think you should take into account the <4K ATL of March 2020. That was the result of an almost black swan event of COVID and wide uncertainty. It seems so far off now but people were actually stocking toilet paper, groceries and talking about using wood burners.

So if you discard that, the new ATL would be much higher. Who cares though. With so much money flowing around, I am sure all the noveau rich from the DeFi world will be itching to get their hands into Bitcoin if and when it starts to cool off.
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