I am writing two days after you opened the thread, therefore knowing that the price has dropped below $100K, the only thing to comment is that bitcoin is cheap, very cheap. A bargain I would say for what it is going to be in a year from now, and if we look much further ahead, as in 10 years from now we are going to take money from wherever to buy as much as possible at these bargain prices.
You are right. But when I posted this, $100000 was the support. The bears were unable to drive the price below $100000 at the time. The price went up to $102700 before falling again which led to the price to dip below $100000. I can see that $96000 became the new support and the market is kind of going up right now. I think the news that cause all these may no long have effect again. They were really negative news.
Topic: Bitcoin crashing, $100k possible support - page 3. (Read 859 times)
Bitcoin has been falling from all-time high since yesterday and now at $100300. I think people should not panic because this will possibly be the support for now.
Sure, you know at first when I saw this thread I never thought bitcoin will still fall more than $100k but seeing the market dip to $97k got my attention that it could even fall more. But however we should not be much warrried about the price dip, as we have been conversant with it. It even give opportunity to buy more for those waiting to buy the dip I suggest this is another opportunity to accumulate more. even though it looked like it was going to get straight to $110k before any form of retraction, this still presents a very good opportunity for buying at a cheaper rate which i believe is the kind of sentiment that will be going on in investors mind.
how much of this DIP we will see and how long it will take before it bounce back above $100k at least before the end of the year is what we can not really tell but from what it looked like, this might just be preparing us for a long run of bull we might be seeing going into January.
I am writing two days after you opened the thread, therefore knowing that the price has dropped below $100K, the only thing to comment is that bitcoin is cheap, very cheap. A bargain I would say for what it is going to be in a year from now, and if we look much further ahead, as in 10 years from now we are going to take money from wherever to buy as much as possible at these bargain prices.
You are right. But when I posted this, $100000 was the support. The bears were unable to drive the price below $100000 at the time. The price went up to $102700 before falling again which led to the price to dip below $100000. I can see that $96000 became the new support and the market is kind of going up right now. I think the news that cause all these may no long have effect again. They were really negative news. 
What do you think. Will bitcoin decrease below $100000 or not?
I am writing two days after you opened the thread, therefore knowing that the price has dropped below $100K, the only thing to comment is that bitcoin is cheap, very cheap. A bargain I would say for what it is going to be in a year from now, and if we look much further ahead, as in 10 years from now we are going to take money from wherever to buy as much as possible at these bargain prices.
Bitcoin falling deeper today which is down to $97k. The red candle still appear on the market but we hope people will not panic and can stay calm so they can think what they can do next. The correction can push Bitcoin price to go lower so we must prepare for anything that can happen. But behind of this correction, we have more chances to buy back more Bitcoin at this price because this price is low than few days ago. So when you can use this moment to buy back more Bitcoin, you will have more chances to make more profit. But it is better to calm down yourself and see what happen later so you can know what you should do.
That's right, if someone is panic selling now they are fooling around. In general selling into bitcoin dips is fooling around but in the historical moment we find ourselves in many more.
As you say this is an excellent opportunity to buy very cheap.
Bitcoin falling deeper today which is down to $97k. The red candle still appear on the market but we hope people will not panic and can stay calm so they can think what they can do next. The correction can push Bitcoin price to go lower so we must prepare for anything that can happen. But behind of this correction, we have more chances to buy back more Bitcoin at this price because this price is low than few days ago. So when you can use this moment to buy back more Bitcoin, you will have more chances to make more profit. But it is better to calm down yourself and see what happen later so you can know what you should do.
Bitcoin has been falling from all-time high since yesterday and now at $100300. I think people should not panic because this will possibly be the support for now.
Sure, you know at first when I saw this thread I never thought bitcoin will still fall more than $100k but seeing the market dip to $97k got my attention that it could even fall more. But however we should not be much warrried about the price dip, as we have been conversant with it. It even give opportunity to buy more for those waiting to buy the dip I suggest this is another opportunity to accumulate more. It is disappointing that bitcoin crashed since yesterday but we should not panic and we will still get to all-time high.
There is nothing to be disappointed about bitcoin dip in price, you should be happy because another opportunity to buy more has been unfolded. 
We are having some minor correction today. Bitcoin's price tanked to $95,588, which is almost 12% below the new ATH we were celebrating two days ago.
Altcoins are getting hit even harder, as Bitcoin's dominance has risen to 57.6%, which is the highest since late November.
The Fear & Greed index also dropped to 69 (Greed).
The previous indications of Altcoins season turned out to be pre-mature. The CMC Altcoin Season Index got corrected and is now showing we are still in the Bitcoin season:
I don't think there's a reason to panic, unless we think the cycle's top has already been reached, but I think that's very unlikely.
Altcoins are getting hit even harder, as Bitcoin's dominance has risen to 57.6%, which is the highest since late November.
The Fear & Greed index also dropped to 69 (Greed).
The previous indications of Altcoins season turned out to be pre-mature. The CMC Altcoin Season Index got corrected and is now showing we are still in the Bitcoin season:
I don't think there's a reason to panic, unless we think the cycle's top has already been reached, but I think that's very unlikely.
Bitcoin price has been down a little bit and has come down to $98k. I think it is not a panic and Bitcoin price has increased and touched $101k, it is a temporary dumping. The place we are currently in the Bitcoin bull market is in the middle of a bull market.
So I believe Bitcoin price will make new records again and break the previous record of 108k. Because there is still a lot of potential for Bitcoin price to increase, we will see Bitcoin price hit even higher in 2025.
Bitcoin has even been down to as low as $95,600 today before making the return down to $98,000, which it's trying so hard to maintain. We might likely see it back down to the $100k level, or it could settle down there, but if in the next 12 hours it's not able to cross to the $100k level, then we should expect it to drop down below $90k. So I believe Bitcoin price will make new records again and break the previous record of 108k. Because there is still a lot of potential for Bitcoin price to increase, we will see Bitcoin price hit even higher in 2025.
But those are temporary, and we shouldn't expect much because the same speed was used to reach the $107k height, which has been its ATH. After the correction, we can expect a great move in the 1st quarter of 2025.
Hey, dear bitcoiner,
Bitcoin was fair to all of us who wanted to take profits. It hit 100k and remained in that range for a long time. Enough time for everyone that wanted to to take profits. It later went to 106k range and remained there for more than 24hrs. So, anyone who didn't take profits actually didn't want to take, that's nothing to be scared about. Just say you are screwed, wait for another opportunity next year.
Bitcoin was fair to all of us who wanted to take profits. It hit 100k and remained in that range for a long time. Enough time for everyone that wanted to to take profits. It later went to 106k range and remained there for more than 24hrs. So, anyone who didn't take profits actually didn't want to take, that's nothing to be scared about. Just say you are screwed, wait for another opportunity next year.
What do you think. Will bitcoin decrease below $100000 or not? For me I guess not for now but I may be wrong.
And that crashed went below $100k. $95k was the lowest that it had reached within the 24-hour frame and I think that's fine. This opens the idea that we're going to break another ATH when Trump sits in the position. So, more of the fundamentals are what the market is reacting for. The FED, the cuts, etc. They're all doing the same thing and the other markets have reacted negatively as well. We're still bullish though when flash crashes like this has to happen. 
It is disappointing that bitcoin crashed since yesterday but we should not panic and we will still get to all-time high.
What do you think. Will bitcoin decrease below $100000 or not? For me I guess not for now but I may be wrong.
What do you think. Will bitcoin decrease below $100000 or not? For me I guess not for now but I may be wrong.
Corrections are only temporary therefore we are not supposed to be scared that the price of Bitcoin is falling, it has to fall for it to rise higher and bigger than it currently is. The price can not be rising without getting any corrections as there would not be money coming into the market to pump the price but after the market correct then it gives snore opportunity for people to buy and as they are buying, it is increasing the value of Bitcoin and it will make it to get to new highest price. For the support, I think we can see Bitcoin holding above $100,000 since it was the previous resistance of the market and there will be lots of buying order at that price from investors waiting for the price of Bitcoin to get to that price for they will buy in anticipation of a new highest price for 2025.
And that $100k support has been broken down as currently the price is at $95k. We never anticipate as correction though, but it has something to do with the announcement of FED that Bitcoin might not hold BTC with the current laws.
If triggered a sell-off from this statement, nevertheless, I see this as a challenge for BTC and the rest of the crypto in 2025. We are still in the bull run and so this is just another setback for us. Hurdles that need to be overcome if we are going to see that the US will have it in their national reserved.
It is disappointing that bitcoin crashed since yesterday but we should not panic and we will still get to all-time high.
What do you think. Will bitcoin decrease below $100000 or not? For me I guess not for now but I may be wrong.
What do you think. Will bitcoin decrease below $100000 or not? For me I guess not for now but I may be wrong.
Corrections are only temporary therefore we are not supposed to be scared that the price of Bitcoin is falling, it has to fall for it to rise higher and bigger than it currently is. The price can not be rising without getting any corrections as there would not be money coming into the market to pump the price but after the market correct then it gives snore opportunity for people to buy and as they are buying, it is increasing the value of Bitcoin and it will make it to get to new highest price. For the support, I think we can see Bitcoin holding above $100,000 since it was the previous resistance of the market and there will be lots of buying order at that price from investors waiting for the price of Bitcoin to get to that price for they will buy in anticipation of a new highest price for 2025.
And the Fed boss also doesn't want to get involved with Trump's plan to create a strategic reserve for US Bitcoin.
And this is the problem that has caused the price of Bitcoin to continue to fall and is currently at $96.900 - and I'm afraid that the price of Bitcoin will continue to fall to 80K and potentially many investors will panic.
And I hope that doesn't happen and the price of Bitcoin will go back to 100K in the near future, we still have to see what happens in the next few days with the price of Bitcoin, and hopefully it will reverse direction soon.
That is true. Someone posted in on X yesterday https://x.com/BTC_Archive/status/1869503363970425201?t=r0Wyq2WQyOjJGf6DxsPVBg&s=19And this is the problem that has caused the price of Bitcoin to continue to fall and is currently at $96.900 - and I'm afraid that the price of Bitcoin will continue to fall to 80K and potentially many investors will panic.
And I hope that doesn't happen and the price of Bitcoin will go back to 100K in the near future, we still have to see what happens in the next few days with the price of Bitcoin, and hopefully it will reverse direction soon.
But I did not think to that direction until you also posted about it just now. I remember when bitcoin started to increased and got to over $108000 recently, it has to do with the strategic reserve Trump's post. But if there is negative news about it, it can make the price to fall. You are right, it will also be part of what contributed to recent bitcoin price fall.
The lowest price of bitcoin today was $97K and that was a form of panic action from traders or some investors in the market. To be honest, I don't know what the main cause of this downturn is - but I don't think this correction will last long as the market will recover soon. This kind of correction is well worth taking advantage of for accumulation - but always consider DCA as it is always possible to see the price drop lower due to very high selling pressure.
By the way - as I write, the price of bitcoin is $98.500. I hope the price does not fall below $97K and the recovery can be gradual. If you are a holder - control your emotions and avoid the market now so that your psychology is not disturbed.
By the way - as I write, the price of bitcoin is $98.500. I hope the price does not fall below $97K and the recovery can be gradual. If you are a holder - control your emotions and avoid the market now so that your psychology is not disturbed.
What cause of the recent fall started from the United States news about interest rate.
The price has continue to fall. The last time I checked the price, it is still falling. The lowest price that I saw before I was about to post this is $96200. Let us see if the price will continue to fall or it will start to increase. Be it either rise or fall, what I know is that the price of bitcoin will still increase and get to $100000 back as soon as possible.
And this is the problem that has caused the price of Bitcoin to continue to fall and is currently at $96.900 - and I'm afraid that the price of Bitcoin will continue to fall to 80K and potentially many investors will panic.
And I hope that doesn't happen and the price of Bitcoin will go back to 100K in the near future, we still have to see what happens in the next few days with the price of Bitcoin, and hopefully it will reverse direction soon.
The lowest price of bitcoin today was $97K and that was a form of panic action from traders or some investors in the market. To be honest, I don't know what the main cause of this downturn is - but I don't think this correction will last long as the market will recover soon. This kind of correction is well worth taking advantage of for accumulation - but always consider DCA as it is always possible to see the price drop lower due to very high selling pressure.
By the way - as I write, the price of bitcoin is $98.500. I hope the price does not fall below $97K and the recovery can be gradual. If you are a holder - control your emotions and avoid the market now so that your psychology is not disturbed.
By the way - as I write, the price of bitcoin is $98.500. I hope the price does not fall below $97K and the recovery can be gradual. If you are a holder - control your emotions and avoid the market now so that your psychology is not disturbed.
What cause of the recent fall started from the United States news about interest rate.
The price has continue to fall. The last time I checked the price, it is still falling. The lowest price that I saw before I was about to post this is $96200. Let us see if the price will continue to fall or it will start to increase. Be it either rise or fall, what I know is that the price of bitcoin will still increase and get to $100000 back as soon as possible.
Not only will the repeat of 2017 be bitter on the forum, but investors like Michael Sylor will be forced into liquidations and so will many other big bitcoin investors and long-term accumulators.
What? Forced from who exactly? MicroStrategy is more than capable of surviving without even selling any BTC from its stash. Those guys trade every day (thus profit) and for sure they don't panic or listen news. Instead, they create news. It's in the game and they know how to play it.
You are right. Bitcoin also fall again below $100000 to around $99300 not quite long ago. The price moved not quite long back to $100000. If the price continue to fall, $100000 which is still the support may become a resistance. I hope this should not happen. But even if it happens, people should know that they are still in bull period and not just panic to sell.
Anyone who feels panicked definitely doesn't know anything about trading! We were waiting for BTC to fall somehow, so we could re-buy and place our orders!
Seriously, this should have happened much earlier. Let's be honest, such a bull run for such a long time, we had too much time to see. It was both logical and expected to happen. But that's also our profit, right? As I see it now, it seems that BTC can stand the pressure and piece by piece move up once more. Let's see if it was a bearish spike or something more.
Bitcoin price has been down a little bit and has come down to $98k. I think it is not a panic and Bitcoin price has increased and touched $101k, it is a temporary dumping. The place we are currently in the Bitcoin bull market is in the middle of a bull market.
So I believe Bitcoin price will make new records again and break the previous record of 108k. Because there is still a lot of potential for Bitcoin price to increase, we will see Bitcoin price hit even higher in 2025.
The lowest price of bitcoin today was $97K and that was a form of panic action from traders or some investors in the market. To be honest, I don't know what the main cause of this downturn is - but I don't think this correction will last long as the market will recover soon. This kind of correction is well worth taking advantage of for accumulation - but always consider DCA as it is always possible to see the price drop lower due to very high selling pressure.So I believe Bitcoin price will make new records again and break the previous record of 108k. Because there is still a lot of potential for Bitcoin price to increase, we will see Bitcoin price hit even higher in 2025.
By the way - as I write, the price of bitcoin is $98.500. I hope the price does not fall below $97K and the recovery can be gradual. If you are a holder - control your emotions and avoid the market now so that your psychology is not disturbed.
It is disappointing that bitcoin crashed since yesterday but we should not panic and we will still get to all-time high.
What do you think. Will bitcoin decrease below $100000 or not? For me I guess not for now but I may be wrong.
This is just for general discussion and not an investment advice.
Bitcoin price dropped to $98k today, then started to rise again. Now has a current value of $102k+. I think bitcoin price is not ready to stay below $100k. However, we should not panic when we see the price of Bitcoin falling. We are still in bullrun, expect Bitcoin price to go up a lot. Bitcoin is making one ATH after another, hopefully it will make new ATH again soon. Many think Bitcoin will be worth $150k plus in 2025. However, one should not be disappointed by the slight dumping. Based on past history we have to believe that the price of Bitcoin will rise even more in 2025.What do you think. Will bitcoin decrease below $100000 or not? For me I guess not for now but I may be wrong.
This is just for general discussion and not an investment advice.
Well this pump to 102500$ was just temporary or we can say it was just a relief rally and now we are further down to further low levels 97800$ and below. Seems like we may test the support at 94,000$ and the next support will be at 90,000$. Still i agree with you that there is nothing to panic, the market was over extended and the correction was due. Remember even in bull season, the corrections are normal.
Bitcoin has been falling from all-time high since yesterday and now at $100300. I think people should not panic because this will possibly be the support for now.
I'm curious as to how you picked that specific number--not being a believer in technical analysis, I'd have to say that I've heard statements like yours before (and I mean no offense) and it's mostly just guesswork on the part of whoever's saying it
And of course people shouldn't panic because bitcoin isn't continually rising or at least staying at its ATH. Anytime the price has risen as fast and steadily as it has in the past three months, it's always followed by a correction if not a full-blown crash. Hopefully what we're seeing isn't the beginnings of the latter case scenario, because that would suck. Having a repeat of late 2017 would not be fun, nor would it be good for the forum IMO.
We hopefully will not see that bad situation in reality but we have to prepare our minds for anything as far as bitcoin is concerned, because in the past something greater than such a crash has happened after an all-time high.
Bitcoin price dropped to $98k today, then started to rise again. Now has a current value of $102k+. I think bitcoin price is not ready to stay below $100k. However, we should not panic when we see the price of Bitcoin falling. We are still in bullrun, expect Bitcoin price to go up a lot. Bitcoin is making one ATH after another, hopefully it will make new ATH again soon. Many think Bitcoin will be worth $150k plus in 2025. However, one should not be disappointed by the slight dumping. Based on past history we have to believe that the price of Bitcoin will rise even more in 2025.
You are right. Bitcoin also fall again below $100000 to around $99300 not quite long ago. The price moved not quite long back to $100000. If the price continue to fall, $100000 which is still the support may become a resistance. I hope this should not happen. But even if it happens, people should know that they are still in bull period and not just panic to sell. Jump to: