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Topic: Bitcoin can hit $50k? - page 6. (Read 1642 times)

hero member
Activity: 1593
Merit: 502
January 13, 2021, 03:57:22 AM
#63
How do you think when the bitcoin price can hit $50k?
In my opinion bitcoin may reach $50k, it is quite possible this year. Bitcoin price drop is essential, those who believe it will have a chance to hold more, this is a positive factor for the next bull run.
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
January 13, 2021, 01:28:42 AM
#62
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We shouldn't buy bitcoin as the price goes up or at its peak because bitcoin is an extremely volatile asset. It is also dangerous if bitcoin will continue to rise that any time bitcoin could go down instantly, so we should not be in a hurry for bitcoin reach its price up to $50K because we might experience a massive landslide to bitcoin's price just like what happened in the year 2017 and 2018.
I forgot about that one, but don't you think it is a little different now, last 2017-2018 run, the run ended around January, the prices slowly slumped back but now the prices are still going strong and back then there is also little to no institutional investors willing to gamble their money in something that is FUD infested cryptocurrency. Just hope for the best and good things will follow definitely.
member
Activity: 1120
Merit: 68
January 13, 2021, 01:21:01 AM
#61
I believe Bitcoin could hit the price of $ 50,000 in 2021, especially now Bitcoin is experiencing a correction after successfully reaching an
all time high at a price of $ 41,900. Because every time Bitcoin will rise even higher it begins with a price correction first, I'm sure the Bitcoin
price will soon go up. We just need to be patient, and keep the Bitcoin that we have. If you have extra money you can buy more Bitcoin
at the current price, because now is the right time to buy Bitcoin.
If the current trend continues, I do think that it will go sooner than everyone could expect. You have to be careful about buying at the current price point though, this is the stage where it could go high and low any moment, and if it goes the either way, someone will definitely panic thinking this might be the highest point or this might be a landslide so be careful, if you easily panic when there is a down in prices do not devote all the money you have to buying bitcoin.
We shouldn't buy bitcoin as the price goes up or at its peak because bitcoin is an extremely volatile asset. It is also dangerous if bitcoin will continue to rise that any time bitcoin could go down instantly, so we should not be in a hurry for bitcoin reach its price up to $50K because we might experience a massive landslide to bitcoin's price just like what happened in the year 2017 and 2018.
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
January 13, 2021, 12:12:47 AM
#60
I believe Bitcoin could hit the price of $ 50,000 in 2021, especially now Bitcoin is experiencing a correction after successfully reaching an
all time high at a price of $ 41,900. Because every time Bitcoin will rise even higher it begins with a price correction first, I'm sure the Bitcoin
price will soon go up. We just need to be patient, and keep the Bitcoin that we have. If you have extra money you can buy more Bitcoin
at the current price, because now is the right time to buy Bitcoin.
If the current trend continues, I do think that it will go sooner than everyone could expect. You have to be careful about buying at the current price point though, this is the stage where it could go high and low any moment, and if it goes the either way, someone will definitely panic thinking this might be the highest point or this might be a landslide so be careful, if you easily panic when there is a down in prices do not devote all the money you have to buying bitcoin.
sr. member
Activity: 1624
Merit: 267
January 12, 2021, 11:55:48 PM
#59
Bitcoin drops more than 4000 dollars yesterday but I still believe to the bitcoin to reach the 50k dollars value this year. Bitcoin movement is very fast and it can rise that shorterm or even 1 week we can see this value. Short term investment is good right now to the bitcoin because I believe why it decreasing because it is preparing for big pump this month or next month of February.
full member
Activity: 1190
Merit: 117
January 12, 2021, 07:29:39 PM
#58
I believe Bitcoin could hit the price of $ 50,000 in 2021, especially now Bitcoin is experiencing a correction after successfully reaching an
all time high at a price of $ 41,900. Because every time Bitcoin will rise even higher it begins with a price correction first, I'm sure the Bitcoin
price will soon go up. We just need to be patient, and keep the Bitcoin that we have. If you have extra money you can buy more Bitcoin
at the current price, because now is the right time to buy Bitcoin.
full member
Activity: 2324
Merit: 175
January 12, 2021, 05:50:47 PM
#57
How do you think when the bitcoin price can hit $50k?
Most probably this year we are in a bull trend and things are looking good in the market and it only need a huge pump just like what happen back November when Bitcoin made a big 11% pump there will be a lot of pumps today as long as no new bad news coming like hacked on exchange.
full member
Activity: 1048
Merit: 102
January 12, 2021, 05:44:34 PM
#56
$ 40k alone is a much talked about and said dream can be achieved. moreover $ 50k which is only $ 10k difference from the new all time high,
I feel confident that Bitcoin has a huge potential of reaching $ 50k, because many speculators say that $ 50k might be the peak of this bitcoin bull.
legendary
Activity: 3346
Merit: 1128
January 12, 2021, 11:51:26 AM
#55
$ 50k this year still has the potential to be achieved,
it's just that the new resistance that has been created at $ 41k has to be passed,
so we must monitor bitcoin prices closely, as a potential dump could also occur.
I'm going to be surprised if we don't see $50k this week, never mind this year.

We've had a correction already. It's on the up again.
That's what I have said during the fall but there were plenty of people who were in panic mode like crazy and sold. No idea why people assume that ever single drop should mean a crash, there is really no crash at all and we shouldn't really focus on each crash constantly, at the end of the day we are doing not that bad at all, and recovered. Corrections are "about" 20% in reality, I do not think that each time will be exactly 20% because it could be a few points up or down, but that is what has happened almost each time it moved up and down again.

It meant obviously 40k to 32k this time around, however each increase was around 40% or so as well, which should mean about 15k increase from there, which is about 47k or so give or take too, I am not saying it will be 47k but I can guarantee you that 47k will be the price that we are aiming at right now, will we succeed or fail? I don't know.
sr. member
Activity: 1638
Merit: 255
January 12, 2021, 06:17:04 AM
#54
The year 2021 is still long, if you look at the current price of bitcoin at $36,159, it will still provide an opportunity to reach $50k this year.
Moreover, bitcoin once was at $42k, and bitcoin  will reach  that price again.  The current  decline in bitcoin to reach  $32k  is  the  result
of people makes a profit. But bitcoin has raised its  price again to $36k. Hopefully bitcoin  will  continue  to $50k,  although it should first
decline before reaching the price of $50k.
sr. member
Activity: 2436
Merit: 267
Hire Bitcointalk Camp. Manager @ r7promotions.com
January 12, 2021, 03:49:56 AM
#53
$ 50k this year still has the potential to be achieved,
it's just that the new resistance that has been created at $ 41k has to be passed,
so we must monitor bitcoin prices closely, as a potential dump could also occur.

all the possibilities could happen to bitcoin but if you look at the first and second halving, this is precisely the year bitcoin will come and the possibility of going up and over $ 50K can be easily achieved.


I'm going to be surprised if we don't see $50k this week, never mind this year.

We've had a correction already. It's on the up again.

yes, this is the year bitcoin will make fantastic moves that will be made so far, $ 50K will be easy to achieve and it will be more than the predictions, because the renewable ATH will be made again by bitcoin
legendary
Activity: 2097
Merit: 1070
January 10, 2021, 06:56:34 PM
#52
$ 50k this year still has the potential to be achieved,
it's just that the new resistance that has been created at $ 41k has to be passed,
so we must monitor bitcoin prices closely, as a potential dump could also occur.

I'm going to be surprised if we don't see $50k this week, never mind this year.

We've had a correction already. It's on the up again.
full member
Activity: 1048
Merit: 102
January 10, 2021, 06:41:52 PM
#51
$ 50k this year still has the potential to be achieved,
it's just that the new resistance that has been created at $ 41k has to be passed,
so we must monitor bitcoin prices closely, as a potential dump could also occur.
legendary
Activity: 2562
Merit: 1978
Leading Crypto Sports Betting & Casino Platform
January 10, 2021, 12:10:35 PM
#50
I would not make a comparison with the past, since now the capitalization is completely different and there is no point in talking about a 25-fold growth (and the like).
As for institutional investors, it is in their interests to lower the price to 20 and maybe up to 10 thousand in order to collect bitcoins from weak hands  Wink

I think you are not differentiating between market manipulators/whales and institutional investors. The two have very different agendas and motivations. I really don’t see institutional investors as wanting to floor the price - quite the opposite.

Perhaps I will surprise you, but institutional investors (if we are talking about large ones) are even more cynical than whales - they do not care about the asset price at all, for them only the market share matters. Therefore, it is somewhat naive to think that the institutional investor will worry about the price (and even in the short / medium term).
hero member
Activity: 1036
Merit: 514
January 09, 2021, 02:06:48 PM
#49
Bitcoin definitely has a higher chance to achieve that target this year but the question is; when will that happen?
Reaching $50k may not be as easy as hitting $40k in a few days since bitcoin surpassed $30k, bitcoin still hold its position above $40k after a brief dip to $37k may indicate a strong support level and the next attempt to break $45k in the next week.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
January 09, 2021, 12:59:53 PM
#48
Already $ 100k is not a crazy figure, now everything is possible, the market is so unpredictable, that in the blink of an eye we will have a new and juicy high. I think even technical analysts have a hard time predicting a number.
hero member
Activity: 1232
Merit: 683
Tontogether | Save Smart & Win Big
January 09, 2021, 08:53:06 AM
#47
How do you think when the bitcoin price can hit $50k?
I think 50k can hit within Q1 of 2021. it is January now and we already crossed $42k mark. so If you ask me my opinion. I would say we'll go to $50k in march or april.

It’s possible to hit that target and more but there’s always a danger in every price right now since most the investment company already set a good position and they are already in profit with the current price, They are just waiting for a good liquidity to liquidate there asset in synchronized to the trend.
are you saying that the companies are about to sell off their bitcoins and bitcoin price will/can drop anytime soon? if it happens then it would be a good opportunity for new comers to get into bitcoin.
I really wish bitcoin will drop again to $10k.
hero member
Activity: 3052
Merit: 651
January 09, 2021, 08:36:51 AM
#46
I admit I didn't really expect this to happen.
But it might just hit that number.
I'm still against $100k though. It is just way far. It's now struggling to hit highs with $1k amounts in just a day.

What I want to know is what the bottom will be. I guess we all have the same question since we want to find a way to buy for a cheaper price.
sr. member
Activity: 1554
Merit: 334
January 09, 2021, 07:59:01 AM
#45
How do you think when the bitcoin price can hit $50k?
I honestly don't know when but we can hit $50k, pretty far though but we can still go on it if institutions wanted to, thereby, the decision is for institutions, whales and large companies to be made. Honestly, today's market was really scary especially if you don't know what are you doing because Bitcoin was really very high right now, $40k is insane actually but we don't know when the market will make a U-Turn. My suggestion is that you should know when to take a break or make an exit point because everything can be a mess if we became so greedy. $40k is not bad either. Anyway, it still up to you though just be careful and think wisely.
full member
Activity: 840
Merit: 102
January 08, 2021, 06:30:50 PM
#44
The crossing from $30k to $40k in recent days looks quick on the market. In fact we see the movement of bitcoin continues to
rise from March 2020 until  now. So in my  perspective to  reach $50k it’s  very possible  even for this  week.  We  never know.
But that’s bitcoin’s value is very volatile.
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