I voted: I don't know
Still a long way to go to say that we won't go below $50k again. We need to see the price at least hit 6 digits, $100k-$150k before tinkering on the idea that it won't go down as hard to $50k. So we will have to wait and see if we are going to get on the price levels. I agree that institutions are going inside the market but we might see a slow exponential growth. Maybe $100k in the last two quarters of this year.
Topic: Bitcoin will never go below $50,000 again - page 12. (Read 2494 times)
After the ATH when the bear market starts again then in about 1 year the ATL will hit.
ATL is typically 1/6th of the ATH.
So getting below $50k will happen unless the ATH is above $300k
ATL is typically 1/6th of the ATH.
So getting below $50k will happen unless the ATH is above $300k
It's hard to go down to $50,000 again because bitcoin now has strong support. But you must know we will see $50K again, after the huge correction like in 2017. But no one knows when the correction comes, based on history it will come the end of this year.
If you want to see 50K in near, this is impossible I think.
If you want to see 50K in near, this is impossible I think.
Still speculation. The crash is always there.
Even with these good reasons, difficult to imagine that we won't see Bitcoin going back to $50,000 again.
But I'm not talking about going back to $20,000. That's was unrealistic to imagine.
Even with these good reasons, difficult to imagine that we won't see Bitcoin going back to $50,000 again.
But I'm not talking about going back to $20,000. That's was unrealistic to imagine.
Bitcoin set an all-time high on Thursday, crossing the $64 k mark for the first time ever. We are in unchartered territory again. There is a lot of volatility, but the long term trend is up. So the latest drop is likely just a correction, not a fundamental change in the overall direction of bitcoin.
I'm not sure where this is heading, but I hope we're looking at a period in which we never go below $50 k again.
I'm not sure where this is heading, but I hope we're looking at a period in which we never go below $50 k again.
Bitcoin will 100% definitely go below $50,000 again. I've confirmed this multiple times.
$40k to $50k might be the bottom for the next correction but its hard to say how strong the bear market would be so its hard to stay complacent where the market moves faster than we think.
Many predicts the price of $100k at the end of the year, this will happen if we continue the bull trend, more good news are coming into this market, that can help boost the price of Bitcoin and help to achieve its goal for this year.
Many predicts the price of $100k at the end of the year, this will happen if we continue the bull trend, more good news are coming into this market, that can help boost the price of Bitcoin and help to achieve its goal for this year.
Today is April 14th 2021, Bitcoin is trading at $62k - $64k today. It just spent basically two months building support around $50,000 in a very non-bull-run like fashion. This is because this bull run isn't gonna be a relatively short FOMO-driven huge peak and giant crash + crypto winter. We're at the beginning of a years-long super cycle that is gonna shoot Bitcoin from $10k up to well into the the hundreds of thousands over the next few years, with no crypto winters during that growth. Retail is calmer less FOMOy, institutions are coming in and by definition are more wary and less FOMOy, and with Covid + money printing the narrative around Bitcoin has finally evolved from speculative get rich scheme to store of value gold 2.0.
For these reasons, Bitcoin will never go below $50k again, even if we get a decent crash at some point like most people expect based on past market cycles (and yes I've been in crypto during the two big crypto winters), the bottom still won't go under $50k. Do you agree? Hit the poll!
Did choose I dont know!For these reasons, Bitcoin will never go below $50k again, even if we get a decent crash at some point like most people expect based on past market cycles (and yes I've been in crypto during the two big crypto winters), the bottom still won't go under $50k. Do you agree? Hit the poll!
I'm not really a fan on convincing myself into a particular belief that the market wont really be going low anytime soon even just saying with that below 50k price is something just near on the current
price we are experiencing atm.Going below those levels arent really too far off for us to presume that we would really be heading back there.
Making out calculations and basing on those 2017 and last year crash then i agree on what mentioned that 40k-45k would might be in todays possible 6k price
but still i dont take it seriously and dont expect or hope that much.Anything could happen on least expectation.
Most people are looking at targets around 200 to 300 thousand dollars by November and I don't think it's an unreasobale expectation anymore - but still potentially unreachable this cycle.
I doubt bitcoin will drop below $30k ever now though (unless another currency overtakes it).
Edit: the seemingly endless number of bounces from the 40-46k region might make that the new $6k.
I doubt bitcoin will drop below $30k ever now though (unless another currency overtakes it).
Edit: the seemingly endless number of bounces from the 40-46k region might make that the new $6k.
Today is April 14th 2021, Bitcoin is trading at $62k - $64k today. It just spent basically two months building support around $50,000 in a very non-bull-run like fashion. This is because this bull run isn't gonna be a relatively short FOMO-driven huge peak and giant crash + crypto winter. We're at the beginning of a years-long super cycle that is gonna shoot Bitcoin from $10k up to well into the the hundreds of thousands over the next few years, with no crypto winters during that growth. Retail is calmer less FOMOy, institutions are coming in and by definition are more wary and less FOMOy, and with Covid + money printing the narrative around Bitcoin has finally evolved from speculative get rich scheme to store of value gold 2.0.
For these reasons, Bitcoin will never go below $50k again, even if we get a decent crash at some point like most people expect based on past market cycles (and yes I've been in crypto during the two big crypto winters), the bottom still won't go under $50k. Do you agree? Hit the poll!
For these reasons, Bitcoin will never go below $50k again, even if we get a decent crash at some point like most people expect based on past market cycles (and yes I've been in crypto during the two big crypto winters), the bottom still won't go under $50k. Do you agree? Hit the poll!
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