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Topic: BITCOIN - ROAD TO 8,000$ - speculation - page 3. (Read 868 times)

hero member
Activity: 2464
Merit: 519
February 02, 2022, 04:20:40 AM
#96
It is believed that bitcoin cant go below the previous ATH in the subsequent bear market, we don't also expect a 83% price dump as well but that is the reason for the 100k benchmark for the bull market that failed. More also, we have seen massive institutional and Government investment which may not see the normal sell-off in the bull market. This could indicate a high price resistance than $8000, although I may not uphold the bear market not going below previous ATH of 19k.
hero member
Activity: 2562
Merit: 577
February 02, 2022, 04:09:10 AM
#95
$8000! That will be a massive opportunity for many people to become full BTC owners, an opportunity for new fresh BTC whales to be born, but then people like you would probably wait for $800 seeing it has dropped that low, eventually you will end up not utilizing the opportunity when you had one,
It is not enough to wish for a low price but the ability to actually take action when it happens, let's assume your prediction happens for a few days, I bet you still won't have the guts to buy because you don't have that mindset  Grin
"Make hay while the sun shines" because you never know what direction the market will go next.
sr. member
Activity: 1162
Merit: 260
February 02, 2022, 03:32:02 AM
#94
such baseless speculation that could comes from someone that just speculates without even caring regarding the real market condition, frankly, such valuation for btc just doesn’t make any sense nowadays.
you should see that even at that price around 20K so many traders out there are already putting their money in line for making a market entry in that kind of condition even in the middle of bearish.
investment from the big venture capitals are also gonna be coming if the scenario of btc reaching that low valuation is really coming, you should see that even right at this moment btc could have bullish run very suddenly.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
February 01, 2022, 06:07:37 PM
#93
Many analysts and speculators say that bitcoin will continue to drop, of course this will make it difficult for the market to rise if the bitcoin price goes to $8000, but if this happens then more and more scam projects will die early, and this is actually a good thing because only a coin with a strong reputation that will last.
But have you seen any speculators that Says Bitcoin will drop down  to 8,000 level? because i never find one for this same reason.

there will be a dumping and this is bigger but to the extent that price will fall that Low?
it will stay in at least 5 digits level for the whole time , and may increase to 6 digits or even in 7 for the coming years.
member
Activity: 234
Merit: 35
Moon.win
February 01, 2022, 04:40:04 PM
#92
I never thought that bitcoin would go back down to $8000, because bitcoin already has very strong fundamentals, so it is very unlikely that it will fall below $30,000, as we can see now bitcoin has dropped below $40k according to my analysis now is the lowest price for BTC and it is impossible to go down from the current price, I am very optimistic that the crypto market will improve again and we will see BTC will increase  in the near future.
We are never going to see 8k again, the people that want to see that price either regret not investing in bitcoin when they had that chance or are simply bears that want to see the price to go down that much just because, however with institutional investors now in the market it is unlikely that we are going to see a price that low ever again, because as soon as the price goes down below their average buying price then it makes more sense for them to buy more bitcoin than to sell it for a loss.
How sure are you? Since Covid affected BTC price in march 2020 I've stopped doubting that BTC can't go down to a lower level again, pray that another pandemic won't start again later because if it happens 8k per BTC is highly possible.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
February 01, 2022, 01:23:08 PM
#91
I never thought that bitcoin would go back down to $8000, because bitcoin already has very strong fundamentals, so it is very unlikely that it will fall below $30,000, as we can see now bitcoin has dropped below $40k according to my analysis now is the lowest price for BTC and it is impossible to go down from the current price, I am very optimistic that the crypto market will improve again and we will see BTC will increase  in the near future.
We are never going to see 8k again, the people that want to see that price either regret not investing in bitcoin when they had that chance or are simply bears that want to see the price to go down that much just because, however with institutional investors now in the market it is unlikely that we are going to see a price that low ever again, because as soon as the price goes down below their average buying price then it makes more sense for them to buy more bitcoin than to sell it for a loss.
full member
Activity: 1025
Merit: 100
PredX - AI-Powered Prediction Market
February 01, 2022, 08:41:48 AM
#90
I never thought that bitcoin would go back down to $8000, because bitcoin already has very strong fundamentals, so it is very unlikely that it will fall below $30,000, as we can see now bitcoin has dropped below $40k according to my analysis now is the lowest price for BTC and it is impossible to go down from the current price, I am very optimistic that the crypto market will improve again and we will see BTC will increase  in the near future.
hero member
Activity: 3052
Merit: 685
February 01, 2022, 08:32:01 AM
#89
Do you believe the price of Bitcoin will drop to $8000 again? We are already in bear season right now. Now the world of crypto money has changed a lot, we are not in a situation like 5 years ago. We are in a much larger economy and everyone wants to invest and earn money here. I don't think the price will drop that much again. We may already be at bottom prices right now
Familiar words, that's mostly what I read and hear during the previous bear season, people are hesitant to believe that the price will significantly drop, that's why they weren't able to prepare and do the right decision, this time, I think we should be more open for the worst possibility, although we are optimistic at the same time.
sr. member
Activity: 1484
Merit: 254
February 01, 2022, 05:30:16 AM
#88
Many analysts and speculators say that bitcoin will continue to drop, of course this will make it difficult for the market to rise if the bitcoin price goes to $8000, but if this happens then more and more scam projects will die early, and this is actually a good thing because only a coin with a strong reputation that will last.
hero member
Activity: 2352
Merit: 953
Temporary forum vacation
February 01, 2022, 01:53:30 AM
#87
1st of all, wrong subforum, please move to Bitcoin - Speculation.

Second of all,,, if 8000 is a why not question, then why such an arbitrary figure, why not 800? Why not 8 million? I am used to psychological numbers so 1000 and 10000 makes sense but if you really have to ask a question, please provide more explanation for your arrival at this number Wink
hero member
Activity: 3024
Merit: 629
February 01, 2022, 01:10:33 AM
#86
Why not?
Whats your predicts ?
I dont think its possible to see the price of Bitcoin plunged to $8k again. Even we are currently experiencing a price declined and many investors are believing we already entered a bearish market season.

The situation now is quite different for the past years, because now, many people became aware of Bitcoin existence and they engaged themselves especially during the lockdown and people are looking for a way to earn online. Investing in Bitcoin is one of the option for them to make money and I believe its one of the reason why we reached another ATH last year.

If ever the price of Bitcoin move downward below $30k I bet many investors will take advantage the situation to fill their bags so the price wont plunge further. Thus, $8k price wont be possible anymore knowing how valuable Bitcoin now.
legendary
Activity: 2688
Merit: 1106
DGbet.fun - Crypto Sportsbook
January 31, 2022, 11:18:17 PM
#85
Bitcoin won't hit 8000$ or 100k this year but a massive decline is expected anyway, the reason why BTC hit 3000+ in 2020 was because of Covid, if the pandemic never happened I'm sure BTC won't fall to that level but who knows anyway maybe a new Covid will occur again? I don't pray so but anything is possible.
If that's the case the growth of the market too happened as a result of pandemic. When the entire world market is suffering crash bitcoin started to move bullish.

During the pandemic people are restricted within the home and people were in search of ways to make money. This has landed many of them into cryptocurrency. The same pushed the market to the top. Even if COVID go so serious as the beginning days the market won't fall drastically down to $10k. About reaching $100k it takes time, because the market this year looks like a slow and steady growth.
member
Activity: 234
Merit: 35
Moon.win
January 31, 2022, 11:05:26 PM
#84
Bitcoin won't hit 8000$ or 100k this year but a massive decline is expected anyway, the reason why BTC hit 3000+ in 2020 was because of Covid, if the pandemic never happened I'm sure BTC won't fall to that level but who knows anyway maybe a new Covid will occur again? I don't pray so but anything is possible.
full member
Activity: 1190
Merit: 108
January 31, 2022, 12:21:01 PM
#83
An indiscriminate speculations if you say BTC will touch the price of $8000, those of us who understand the record of buy and sell orders will definitely laugh if we know this speculations.
If those speculations come true, obviously all crypto will go to the nearest graveyard to die without mourners  Grin

So mate, it's better to look at the notes before making speculation, than you look like someone who talks in the sleep
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
January 30, 2022, 11:40:56 AM
#82
Why not?
Because covid has gone and everything will be going back again. The crypto market is facing a bad sentiment due to the the FED. It's not only crypto but whole of markets affected by the FED rumour.

Whats your predicts ?
You can at least put a better rate rather than try to argue that if bitcoin will be going to the 8k after another huge drop from 70k to the 33k. 8k is a dream for now. You need the biggest holders of bitcoin to dump all of their bitcoins to the market at the same time to create a big fear in the market. This is a non sense prediction this day.
Why don't even you put zero value as your prediction?  Angry
member
Activity: 1162
Merit: 58
January 29, 2022, 10:14:01 PM
#81
Why not?
Whats your predicts ?
Have you missed "Another ZERO"? isn't 80,000$  and not 8k?

because the road to growth is still On and not the road to dumping , because now market is showing strength and I think we are now going 40k.

I will Never listen to such story of bellowing to that level of 4 digits again? impossible .
legendary
Activity: 1848
Merit: 1982
Payment Gateway Allows Recurring Payments
January 29, 2022, 09:42:05 PM
#80
$8000 I can't imagine this happening anymore!!! I think that this number has become from the distant past for Bitcoin and can not go back to it again, in the worst case I expect Bitcoin to return to $ 2000 in the worst possible scenario since we left this number years ago, for me I expect Bitcoin to rise again and continue to rise within a period Close, there was some negative news that led to this drop but that is now over and bitcoin has stabilized.
sr. member
Activity: 1554
Merit: 260
January 29, 2022, 06:58:58 PM
#79
My target figure for Bitcoin towards the end of February 2022 is $45000. When BTC reaches this base value, there will be serious increases in other cryptos.
Slowly but surely your prediction will come true. These days bitcoin is going around 38k and it seems like we will be retesting 40k as soon as possible and once this broken and 45k will be very close into our eyes again. I hope that bitcoin will be retesting 40k very soon. We are so close with it. This can trigger whole of crypto market once bitcoin will worth 40k.
I have been accumulating so many tokens for this and i hope your prediction come true.

The fact that we have temporarily positive market sentiment does not mean that the downward trend has ended. There is still a risk that the Bitcoin price will dive and no one really knows how low the price can drop. Sure, the $45k level will be hit sooner or later, but I think it's too early to say when that will happen.

The possibility is always there but for now, the market is going up again.
In my opinion, we are already too far in this market, so $8k would be far from the horizon already.
The adoption, companies, organizations, involved are already big, so dropping to this level has low chance now of happening.
If a lot here are predicting btc to achieve 45k level next month, why not invest now?  Wink

If someone wants to invest in the long term, I think this is a very good time, because as I wrote, sooner or later the $45k level will be for sure achieved.
I think it is very unlikely that the price will drop to $8k, precisely because there are a lot more big investors in the crypto market than there were a few years ago.
However, I think further price drops, to around $25k are still very possible.
hero member
Activity: 2744
Merit: 588
January 29, 2022, 06:53:55 PM
#78
My target figure for Bitcoin towards the end of February 2022 is $45000. When BTC reaches this base value, there will be serious increases in other cryptos.
Slowly but surely your prediction will come true. These days bitcoin is going around 38k and it seems like we will be retesting 40k as soon as possible and once this broken and 45k will be very close into our eyes again. I hope that bitcoin will be retesting 40k very soon. We are so close with it. This can trigger whole of crypto market once bitcoin will worth 40k.
I have been accumulating so many tokens for this and i hope your prediction come true.

The fact that we have temporarily positive market sentiment does not mean that the downward trend has ended. There is still a risk that the Bitcoin price will dive and no one really knows how low the price can drop. Sure, the $45k level will be hit sooner or later, but I think it's too early to say when that will happen.

The possibility is always there but for now, the market is going up again.
In my opinion, we are already too far in this market, so $8k would be far from the horizon already.
The adoption, companies, organizations, involved are already big, so dropping to this level has low chance now of happening.
If a lot here are predicting btc to achieve 45k level next month, why not invest now?  Wink
sr. member
Activity: 1554
Merit: 260
January 29, 2022, 06:50:42 PM
#77
My target figure for Bitcoin towards the end of February 2022 is $45000. When BTC reaches this base value, there will be serious increases in other cryptos.
Slowly but surely your prediction will come true. These days bitcoin is going around 38k and it seems like we will be retesting 40k as soon as possible and once this broken and 45k will be very close into our eyes again. I hope that bitcoin will be retesting 40k very soon. We are so close with it. This can trigger whole of crypto market once bitcoin will worth 40k.
I have been accumulating so many tokens for this and i hope your prediction come true.

The fact that we have temporarily positive market sentiment does not mean that the downward trend has ended. There is still a risk that the Bitcoin price will dive and no one really knows how low the price can drop. Sure, the $45k level will be hit sooner or later, but I think it's too early to say when that will happen.
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