Topic: Bitcoin will never go below $50,000 again - page 10. (Read 2432 times)

lol funny  

It managed to drop all of $3000 from $63k to $60k on the news that a country of 85 million people was banning crypto. Not exactly the sub-$50k drop you were hoping for lol

If that is another correction, I will set my alarm to sound and prepare my money to buy more. But I do not know if the price can back to below $50k or not because that will make a big panic from traders. But the institution or big company will use that time to buy back with large money because they will not let that chance leave them.

Maybe it's time for bitcoin to correct, it's been so bullis and it has affected a lot of altcoins possitively.

Bitcoin will drop below $60k the way it's moving now IMO, so probably we shoudl get ready for a possible big drop and might cause some panic.
I'm betting on anyone who are confident that bitcoin will not anymore drop $50k even this year.

just let me know. I'll take a bet. 

The price is on its way back down to $50k and below as we speak.

I hope you're right but we can't guarantee that. As long as the market relies on the market demand, dumps could be possible. It was just this time that the support level is so strong, I hope it could still be working at that level. However, we don't be just confident with that as for sure that the market will also be changing from time to time. Whether it happens or not, we just need to keep calm and hold our emotions.

The bears will actually fight back the system and this won't be sweet as such becasue the past system has told us that the bear will come to fight. This current moment isn't different from the pass and we shouldn't be mindful of these bears come back. Although the bull has done their part from 2020 which has landed us here and the bears will strike definitely which we should look out for. The $50k isn't much from the bear to strike sincerely and not too sure if it won't strike it even lower that that.

I'm not quite sure yet. Even though it is a crypto season, the market will not continue to increase. there may come a time when the bearish season comes, bitcoin will crash, but not under $ 20K. If it goes below $ 50K, it looks like it could still happen.

well, nobody knows about this. currently, bitcoin price looks very strong, in fact, I feel that the support and increase in price will continue to grow. it's just that, I feel that the $ 50k price tag is still pretty close for now. I might think the same thing if the bitcoin price won't be below $ 10k anymore, but who knows, I also think the bitcoin price will keep going up until now.

Froth and base line are two diametrically opposed targets, we might judge the froth target as being six figures trajectory but dont exclude that crypto doesnt purely go up always and the base line is below 50k imo.   My personal opinion on what phase are we in and for how long barely matters, it just can and who knows what triggers it.

That IS the bull-run like fashion of doing things.
There is first accumulation where price builds the strong support then the price rises up and breaks the resistances. Then there are corrections and again another support shapes and another accumulation.

If it were any other way meaning constant rises without any corrections or accumulations then it is NOT a bull run anymore it is a pump and bitcoin does not have pumps.

2015 to 2018 bull run was also exactly like this apart from the last 2 months.

We can not know this right now. We have to wait and see what the last 2 months are going to be like. For example when price reaches $300k will it jump to $600k in a week like it did back in 2017? If yes then there will be a "bitcoin" bear market like we had in 2018.
The crypto winter is already happening as bitcoin price rises and altcoins dump.

Neither of them control bitcoin market because they don't participate in it.

There is no difference between these two wrong definitions of bitcoin (that is a currency in reality).

If people expect a "crash" to $50k based on past bitcoin cycles then they have no idea what "bitcoin cycle" means. For starters the cycle ends with a massive bubble which has to be way above the current price to be considered that, a bubble. At least $500k.
Second the crash is not going to be 10% but it will be 80% like last time. If we assume this price is the peak which it obviously isn't, then to see similar crash it has to dump to $12400 Which is obviously a stupid expectation

$50K is not that far away. We are at what $63K now. So all it would take is a 20% drop to get down to $50K and that would be considered a healty correction. Honestly there is just way too many leverage positions open at the moment. We are almost at $30Billion in open interest. A small move yesterday wiped $2B worth of liquidations. If its stretched far enough then its possible to see $50K within a few days.

Markets are irrational right now. Look at Doge over 30 cents, look at XRP at $2. ETH at $2500. These are bringing back 2017 vibes. People didn't think it would crash until it did and it was too late. BTC seems to be the only one trading rationally right now. But way too many alts are out of control. However the money is still pouring in. We will see where this will take us.

Of course, I will not want the price to go below $50K anymore but then this is crypto where all are possible, one proof of this is DOGE which almost all thought its just a meme coin and now, you will have to take it seriously already fortis price had just hit $0.22.

If BTC will really go beyond $300K, its really hard to believe it will still to dip to $50K. I'm not saying it will not but its hard to believe it will still go that low.

I voted, I don't know. In my opinion, no one really knows what to happen to the price of Bitcoin in the future. If the price can reach $100K or even above this year, there is a chance for the Bitcoin price to stay above $50K. But if the highest price of Bitcoin in the current bullish is only about $70K or even below, the price can drop below $50K in the next bearish. So, it is still not clear about the future of Bitcoin price to go.

I haven't heard any FUD articles now, and basically people just depends on that particular announcements that possible come out at social media and other sites. However, thinking about btc to go below $50k I would love to hear that scenario so opportunity again comes for people who still desire to invest their future.
Based on the poll survey, many believed that it won't go down but I'm afraid it was a reversal on the reality of the situation. We should be careful and always prepare if bearish trend would happen again.

Everything is possible in this crypto market. It is for you to assess which way you want to go. It may or may not go below 50k, then what? It is on your own disposition how you will take advantage the opportunity in front of you. So-called experts can give their predictions, and so are you. Follow your instincts when you are shelling out money because at the end of the day, it is your hard-earned money and no one else will bother to help you.

Calling $50k as the bottom is an overstatement IMO. Most targets are unrealistically placing lines over $100k in a few months time. Doable, yes, but to think how much money needs to be poured in order to attain that figure is just nuts. Also, to think that there really isn't stopping the deep pockets from dumping their coins, those alone will send bitcoin's price crashing way below $50k. I'm not saying that it will happen, but it could.

I get that we're all hyped and crazed with bitcoin reaching $60k and all that, but let's not forget that bitcoin was in $58k a few weeks ago, only to drop to $47k in just a day.

Do you think Bitcoin like in a couple of years ago?? No, Currently Bitcoin is strong, so many people learn from the past, so fud is no more truly affected. And I rarely see fud about Bitcoin now. And the question is who will make a Fud about Bitcoin?? Institutions and many crypto influencers always say positive about Bitcoin. who?? New people? who will care about what they saying

$50k is a 25% drop. Bitcoin did such drops in a single day. It can easily be sub $50k  in a week. It will probably be at sub $50 during next month.  Few bad news and some FUD and we are there.

I've seen a lot of similar topics and usually the authors were wrong. Given the fact that a fairly high level is chosen in this topic, I think that within a year we will see how the author of this topic turns out to be wrong. If I was offered a bet, I would not even be sure about the 10k level.

If you really believe that a super cycle is coming then I can see why you think we are never going to see the price of bitcoin going below that level ever again, I'm still not so sure this is the case, obviously I will love for that to happen but I'm still not convinced that bitcoin is ready for that kind of growth, I think we could see something similar to what we saw in 2018, and I do not expect the super cycle to come until the next halving so you are still going to have some time to accumulate more coins.