Permanently below 50k is too big a call but another requirement for lower prices and higher volume confirmation seems quite likely to me. We certainly have ongoing hesitancy
We're back below 2 day, weekly and 50 day average again though it can recover it overnight I wonder what will it take to break a range and move on from here in some significant way. My personal take of the lows that it did not resolve the bearish case for the rest of the year so I expect more but also new highs are possible.
Topic: Bitcoin will never go below $50,000 again - page 4. (Read 2432 times)
Unfortunately BTC dropped 47k $ effect from a massive sale on Coinbase. but due to the strong support even though it touched 57k $ Bitcoin immediately made a recovery. and it is proven that to this day altcoins can even party.
note: bake, sol, tko, bnb etc.
note: bake, sol, tko, bnb etc.
Crypto market is wild and prone to manipulation theres a possibility that Bitcoin price might drop below $50,000 or deeper but not going down to 5 digits probably now that its more stable than before. These huge gains could be wipe out soon if the bear market takes over better to prepare.
Now that has happened, and make sure you are getting some at this deep discount. Don't let some inferior questions like <$40k or <$20k haunt your mind. You will never have the opportunity to get it at a lower price.
Many people had a doubt about this. After the price down to 48k above market, it was criticised to reach a bottom of 40k. But with a huge struggle the price of bitcoin not get below the 45k. From my point, this one as a achievement. Most of the altcoin price reduced to 10$ from 100$ in a short period. But struggling with a huge challenge is made the bitcoin as a king.
words on what the current condition they are experiencing.
For now we are sitting around 49k which is playing between 50k price point which is totally really hard to tell on whats the possible next movement because
it is moving sideways now.
Going below 50k or even 40k will likely to happen if we do see some continous fall but it didnt happen but instead it do able to held up strong on this support.
Yes, bitcoin will be the top of all coins. bitcoin despite the downturn will still stay above $ 50,000. This token has strong support, it is actually a benchmark against other tokens. Bitcoin will be very influential in the digital world or crypto platform.
On the other hand, bitcoin is still a very volatile currency and relies heavily on external factors, as investors must be prepared to face the most unexpected prices.
Never go below 50k or would go, it doesnt really matter because i do just simply do all the things according to the current situation im into. Dont anticipate for final numbers
because there would always be a chance that it could go below those numbers that had been speculated.Take a look with that recent drop, it did go below 50k but
luckily it did able to held up strong and now we are playing around 50k+ range which might possibly able to break out 60k in some time.Lets just not make our
hopes up that high because it will just frustrate us when the price hadnt met our expectations.
because there would always be a chance that it could go below those numbers that had been speculated.Take a look with that recent drop, it did go below 50k but
luckily it did able to held up strong and now we are playing around 50k+ range which might possibly able to break out 60k in some time.Lets just not make our
hopes up that high because it will just frustrate us when the price hadnt met our expectations.
Heading back down toward $50k again, which is mathematically predictable. Will soon be permanently below $50k as I've confirmed.
Now that has happened, and make sure you are getting some at this deep discount. Don't let some inferior questions like <$40k or <$20k haunt your mind. You will never have the opportunity to get it at a lower price.
People need to stop wondering and at some point they have to jump the gun, almost no one buys any asset at the optimal price they could have done so, the best moment to buy was after the crash we suffered on March during last year, but except for the whales who bought at that price? Everyone was too afraid due to the crash and the pandemic and lockdowns we were going through to buy bitcoin, the crash that we saw a few days ago was the perfect opportunity to buy as I do not see the bears pushing the price lower than what we saw during those fays.
Never should be a swear word lest we forget the bad temper markets assume when told you cant do this. If theres a more profitable trade to take downwards then up, if on balance gravity is the more consistent force to consider then why wouldnt we return to lower prices when we know some can make money in either direction and will always take the profit from any trade available.
More doubts will come in our minds as bitcoin kepts struggling to support the resistance of $48k-$50k. Because as of this moment on latest market updates btc tends to be bearish. Most altcoins that relies from it's market went down, though many holders still managed to be strong enough and controls their emotion but it can't be denied they've been affected so much.
It's very important that we should monitor the current market and avoid rush decisions, we might not know there's a big waves of pump coming.
It's very important that we should monitor the current market and avoid rush decisions, we might not know there's a big waves of pump coming.
You are right; I'm also seeing lots of people are asking such questions about having bitcoin prices below $30k level; in my opinion as well there will be no possibilities for that happening because even what we are having right now is highly unexpected and non-technical supported because it is time for bitcoin to be testing $70k levels but it is doing right now below $50k levels. Hence, expecting further low to happen really sounds like too greedy for cheaper bitcoins.
Right now, what we should need to do is, making use of currently available dips rather than keep waiting for more dips to happen.
Right now, what we should need to do is, making use of currently available dips rather than keep waiting for more dips to happen.
You need to re-read the topic first and see how quickly something happened that the author of the topic assessed as an incredible event. I think the same can happen with the level of 30k or even 20k (in the case of some kind of force majeure). Bitcoin is still a very volatile currency and highly dependent on external factors, so we must be prepared for the most unexpected prices.
Now that has happened, and make sure you are getting some at this deep discount. Don't let some inferior questions like <$40k or <$20k haunt your mind. You will never have the opportunity to get it at a lower price.
Many people had a doubt about this. After the price down to 48k above market, it was criticised to reach a bottom of 40k. But with a huge struggle the price of bitcoin not get below the 45k. From my point, this one as a achievement. Most of the altcoin price reduced to 10$ from 100$ in a short period. But struggling with a huge challenge is made the bitcoin as a king.
words on what the current condition they are experiencing.
For now we are sitting around 49k which is playing between 50k price point which is totally really hard to tell on whats the possible next movement because
it is moving sideways now.
Going below 50k or even 40k will likely to happen if we do see some continous fall but it didnt happen but instead it do able to held up strong on this support.
Now that has happened, and make sure you are getting some at this deep discount. Don't let some inferior questions like <$40k or <$20k haunt your mind. You will never have the opportunity to get it at a lower price.
You are right; I'm also seeing lots of people are asking such questions about having bitcoin prices below $30k level; in my opinion as well there will be no possibilities for that happening because even what we are having right now is highly unexpected and non-technical supported because it is time for bitcoin to be testing $70k levels but it is doing right now below $50k levels. Hence, expecting further low to happen really sounds like too greedy for cheaper bitcoins.Right now, what we should need to do is, making use of currently available dips rather than keep waiting for more dips to happen.
Now that has happened, and make sure you are getting some at this deep discount. Don't let some inferior questions like <$40k or <$20k haunt your mind. You will never have the opportunity to get it at a lower price.
Many people had a doubt about this. After the price down to 48k above market, it was criticised to reach a bottom of 40k. But with a huge struggle the price of bitcoin not get below the 45k. From my point, this one as a achievement. Most of the altcoin price reduced to 10$ from 100$ in a short period. But struggling with a huge challenge is made the bitcoin as a king.
It just goes below 50k$ in the past days and probably a lot of investors are already expecting a drop because bitcoin was pumping recently and making a new ATH in the market.
But still, the gains were still so high if you look at the chart of bitcoin, and bitcoin price is so volatile when it skyrockets because we could expect investors to take profit when the price is so high.
A safe price I think is 40k$ up because we can clearly see a lot of resistance around 49k$ in the market so probably when it goes below 40k$ a lot of investors are already panicking.
But still, the gains were still so high if you look at the chart of bitcoin, and bitcoin price is so volatile when it skyrockets because we could expect investors to take profit when the price is so high.
A safe price I think is 40k$ up because we can clearly see a lot of resistance around 49k$ in the market so probably when it goes below 40k$ a lot of investors are already panicking.
Now that has happened, and make sure you are getting some at this deep discount. Don't let some inferior questions like <$40k or <$20k haunt your mind. You will never have the opportunity to get it at a lower price.
I consider what happens with the news and the movement of bitcoin is still normal, because every time there is an increase there must be a decrease, even though I think the decline in bitcoin prices will not exceed 50k.
and besides that every time there is good news about bitcoin there is also bad news that will come, and things like that will definitely be everywhere and with anyone no one is perfect, and how we respond wisely and intelligently.
And it is normal, it is likely that those that are complaining about bitcoin not growing and going down in price have been here for a relatively short amount of time and they have never seen bitcoin doing anything like this and that is why they are afraid about what it is happening, but for all of us that have been in this market for years we know this is just the way bitcoin moves and we just accept it even if we do not particularly like it. and besides that every time there is good news about bitcoin there is also bad news that will come, and things like that will definitely be everywhere and with anyone no one is perfect, and how we respond wisely and intelligently.
Bitcoin will 100% definitely go below $50,000 again. I've confirmed this multiple times.
Bear troll Proudhon, you win this round.
Confirmed.
It always seemed possible to me and now we have seen it become reality. When bitcoin reached $20k in 2017 we saw it lose more than half of it's value afterward. After hitting new all time highs in 2021 I expected to eventually see a big crash. It might not be as big as in 2017 but I still thought it would be enough to go below $50k. It wouldn't shock me if we saw it go to $40k either.
Actually I am believing that bitcoin will not going down at $50000 because i know based on my research and observation bitcoin was established and can maintain the high demand especially on continue of rising of investors buf then it shows up it was happening already because bitcoin now was already $49,000+. I may now believing that the cryptocurrency market was approaching or maybe in the start of bear market.Bitcoin may drop its price below 50k, but as we have seen, it is bouncing to 50k again. It shows that it has strong support in this level. But the title of the OP has been broken already. But I believe this year, we will not see a massive drop as the support of institutions and companies are way stronger than in the previous years. Maybe, some of them are secretly buying in this dip.
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!
Lol this post only a week or so in didn't age well. Listen if anything has been learned in the last 10-11 years is that people can never so it won't do this or that because most likely its broken each one of those predictions. Large spikes and large falls thats how bitcoin rolls at least for now.
It funny how some cryptocurrency enthusiasts predicted what will happen in the crypto market in the future through the current bullish market happening when everything is going up simultaneously whereas the volatility in nature of the market can pose any momentum without any problems.
The word Bitcoin will never fo below $50,000 proved to be false by the current market price.
Please let's wake up to the reality next time.
Everyone here doesn't have a crystal ball so they can never predict exactly what will happen in the future regarding the price of bitcoin. Also we have seen that a lot of technical analysis can still go wrong because basically no prediction is always right even though some of them can be done well. Bitcoin and other altcoin are asset whose price are determined by supply and demand, therefore it is still possible to see them wrong with what had been predicted.The word Bitcoin will never fo below $50,000 proved to be false by the current market price.
Please let's wake up to the reality next time.
We definitely look forward to the market to recover soon and the bullish will continue. But today we have another fact that even though the support from institutional investor is quite large, they will also not be able to withstand the wave of trader panic.
Or maybe they are riding with it to catch more cheaper coins from the market. Institutional investors are good in terms of riding with the waves of any trends,
If they seen potentials they'll grab the opportunities right way, it's really hard to say what will be the fate of your investment, like what you have mentioned no one have an accurate predictions even technical analysis can go wrong.
Your knowledge will keep you away from losing most of your assets, you got to trust your own assessment,.
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