I was wrong after all, congrats to all of you guys who predicted that bitcoin will get past $50k, and I think majority of you if not all have predicted that.
This thread now needs to be lock now, good luck and enjoy the bull run, let's see what's the next stop.
Topic: Bitcoin will not reach $50,000 (Read 557 times)
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I think bitcoin doesn't look like stopping soon, it will ofcourse experience a price correction; but at what price? 50,000$ has been crushed already, would it be 60000$ next or back to 40,000$? The trends this year looks like not following the 2017 trends; and the Chinese holiday has had little effect on the market too. Perhaps the bear would come after the altcoin bull market ?
Yes, it will reach $60k for the next increases. But we do not know what price the bitcoin will be down later as no sign shows to us. We can only predict how deep the bitcoin price will down. The bear will come by itself, and we do not know if that will happen after the altcoin gets bull run or not, but one thing that we know is to prepare ourselves for the coming. But I guess that the bull run for bitcoin will still continue and the altcoin bull run is not yet happening. The altcoin increases the price step by step, and we can wait for the altcoin season to come.
At op lock the thread.
And make one about 60k.
once we reach 60k
lock that thread 🧵
open one about 70k.
once we reach 70k
lock that thread 🧵
open one about 80 k
eventually you may get it right.😊
And make one about 60k.
once we reach 60k
lock that thread 🧵
open one about 70k.
once we reach 70k
lock that thread 🧵
open one about 80 k
eventually you may get it right.😊
Heheh yes it's funny to see one thread after another falling. There is also this thread from sgbet where he first claimed bitcoin will fall to $1200 or so by February 2021. Now he changed the title. Yes one of them will be right at some point and then say "told ya"...
I still don't understand why every time we are in a trend like this some people resist accepting the fact that while in a very strong bull run, any kind of "big dumps" is simply not possible. The time between these strong bull runs aren't that long for them to forget either not to mention that the charts are there for everyone to see how the market is during times like this.
We had thins in 2017 too, people kept saying price is going to dump hard to $1000, $200, etc. while it was breaking $4000!
We had thins in 2017 too, people kept saying price is going to dump hard to $1000, $200, etc. while it was breaking $4000!
I realized that the market would be more interesting if bitcoin will not reach $50,000 at this bull run.
Just like the last bull run, bitcoin did not reach $20,000 and the price corrected hard.
So I'm thinking maybe it could happen this time and we will call it " bull run over" while watching the price dump.
What do you think ?
Just like the last bull run, bitcoin did not reach $20,000 and the price corrected hard.
So I'm thinking maybe it could happen this time and we will call it " bull run over" while watching the price dump.
What do you think ?
I think bitcoin doesn't look like stopping soon, it will ofcourse experience a price correction; but at what price? 50,000$ has been crushed already, would it be 60000$ next or back to 40,000$? The trends this year looks like not following the 2017 trends; and the Chinese holiday has had little effect on the market too. Perhaps the bear would come after the altcoin bull market ?
At op lock the thread.
And make one about 60k.
once we reach 60k
lock that thread 🧵
open one about 70k.
once we reach 70k
lock that thread 🧵
open one about 80 k
eventually you may get it right.😊
And make one about 60k.
once we reach 60k
lock that thread 🧵
open one about 70k.
once we reach 70k
lock that thread 🧵
open one about 80 k
eventually you may get it right.😊
The title to this thread didn’t age well. It is quite amazing to think we have hit $50,000 per Bitcoin. Hard to believe even. It doesn’t feel like celebration time yet though. Save the fireworks for when we break out the six digit numbers. That will be just cause for an epic party.
I realized that the market would be more interesting if bitcoin will not reach $50,000 at this bull run.
Just like the last bull run, bitcoin did not reach $20,000 and the price corrected hard.
So I'm thinking maybe it could happen this time and we will call it " bull run over" while watching the price dump.
What do you think ?
For sure you had come back into this thread and try to look up your words yet bitcoin did able to reach out that 50k though it didnt stay that long but at least Just like the last bull run, bitcoin did not reach $20,000 and the price corrected hard.
So I'm thinking maybe it could happen this time and we will call it " bull run over" while watching the price dump.
What do you think ?
we do see that it do able to reach out on where everybody was hoping.
Correction is inevitable but doesnt really remove the possibilities that we would reach up these high price.We do have our own inputs and views.
Now that it did reach out 50k which does signify that bitcoin could really surprise anybody with least expectation.
You are wrong OP, bitcoin hits $50k already and that's the new ATH thus far.
I tell you, it's hard to be bearish when the market is full of bulls, anytime a price even how big the wall is can be achieve, and we just hit $50k before it fall back a bit, next stop would probably be $60k, that could be achieved in the next few days, the run still continues.
I tell you, it's hard to be bearish when the market is full of bulls, anytime a price even how big the wall is can be achieve, and we just hit $50k before it fall back a bit, next stop would probably be $60k, that could be achieved in the next few days, the run still continues.
There are different charts and prediction in this market that are unreliable. I want to believe a factor that the movement of bitcoin to exchanges will be pivotal to the peak of the bullrun market. More also the time halving to peak of the market, to the time of the market bottom have been similar in previous cycle. The only difference is the impact of institutional investors that are still active in this market especially on bitcoin. Some even believe there might not be bear market but if we can have correction we can likely have bear market irrespective on the investors.
I realized that the market would be more interesting if bitcoin will not reach $50,000 at this bull run.
Just like the last bull run, bitcoin did not reach $20,000 and the price corrected hard.
So I'm thinking maybe it could happen this time and we will call it " bull run over" while watching the price dump.
What do you think ?
You compare 2 different things, when bitcoin fail to reach $20K it's because we at the end of the year, and based on the history chart end of the year is the last time of bull run, and now we just in the early of the year, so comparing it is not balanced. This is should be not to compared Just like the last bull run, bitcoin did not reach $20,000 and the price corrected hard.
So I'm thinking maybe it could happen this time and we will call it " bull run over" while watching the price dump.
What do you think ?
Of course, predictions are a thankless task, and everyone who predicts certain events in the cryptocurrency market is waiting for that moment to be disappointed or to make sure that his words are correct. But before making plans for the future, you need to look at the state of the world economy and the banking system today. The fact is that with the arrival of a new economic crisis, a banking crisis is already coming and nothing can be done about it. Undoubtedly, Treasuries and Ministries of Finance will massively issue paper money to visually cheer up the public, but in reality we all have to worry about how much gold, silver and bitcoin we have, not the national currency. The more people worry about this, the higher the BTC rate will rise.
A higher price does not purely relate to success alone, the actual usage of BTC rising with greater utility and efficiency is the main guide. Price is secondary to circulation at any price with greater volume. 50k or 5k I would look at actual usage as more important, we just all assume the price reflects greater usage but at this moment I think its just showing up speculation and excess dollar currency production in the last year especially.
[price has touched 50k now]
[price has touched 50k now]
You are weird. What makes it interesting?
You sound like a Bitcoin masochist. Lol. I am not even sure if you are truly a Bitcoin supporter. While the rest are hoping that Bitcoin will conquer more prices never seen before, you are here hoping that it will not reach what is already within grasp. $50,000 is nothing.
And for your information, Bitcoin reached $20,000 in some exchanges in 2017, just like Bitcoin already reached $50,000 today.
You sound like a Bitcoin masochist. Lol. I am not even sure if you are truly a Bitcoin supporter. While the rest are hoping that Bitcoin will conquer more prices never seen before, you are here hoping that it will not reach what is already within grasp. $50,000 is nothing.
And for your information, Bitcoin reached $20,000 in some exchanges in 2017, just like Bitcoin already reached $50,000 today.
Bitcoin finally crossed 50 k and though could not sustain more like I guess it was testing and came down quickly. But good thing few years back was just a dream when it would reach 50k and today was the day when seen it touching that price. Now once it settles down above 50k then quickly it can cross 51-52k also now it seems.
Gentleman this is.
I realized that the market would be more interesting if bitcoin will not reach $50,000 at this bull run.
Just like the last bull run, bitcoin did not reach $20,000 and the price corrected hard.
So I'm thinking maybe it could happen this time and we will call it " bull run over" while watching the price dump.
What do you think ?
Just like the last bull run, bitcoin did not reach $20,000 and the price corrected hard.
So I'm thinking maybe it could happen this time and we will call it " bull run over" while watching the price dump.
What do you think ?
I guess the only advantage was if bitcoin will not reach 50,000$ in the market is we can still buy bitcoin at a lower price point if the 50k$ resistance is broken I think the price would skyrocket up to 54k$ and that is where the price would maybe stay for a few weeks, I mean its already just a few thousand dollars before reaching 50k$ so I think it will not be a long time just time what happened in the last ATH of 20k$ that is so difficult to break. Bitcoin growth compares to the past years is different the growth of bitcoin nowadays is so fast it could easily climb up its market in just a few days.
Correction will always be there but this season the story is very different, no matter how many times the price corrects in the end the price can still be pumped up. Maybe previously thought that this bull run scenario would be the same but in reality it is very different because of the ongoing support, of course it will make the achievement of new ATHs still happening in the near future. $50k is still quite possible.
There are way too many people who talk about how "it will reach 50k!!!" "you are wrong!!!" and many things like that without reading the OP message. He talked about how we say "20k was the ATH" back in 2017 but reality is even though some places did moved over 20k for a quick period, the accepted one is 19640 or something like that, which is not exactly 20k and not over it neither. So, what did we expected?
We expected that maybe price would be 49940 or something like that this bull run as well, and that could be very fun to see. That is at least what OP was saying, I am not saying that is true or that will happen, all I am saying is that he doesn't mean to say it in a bad way, he just means it would be more fun if we didn't reach the exact number, you can change that 50k to anything and the statement is still true and still quite entertaining.
We expected that maybe price would be 49940 or something like that this bull run as well, and that could be very fun to see. That is at least what OP was saying, I am not saying that is true or that will happen, all I am saying is that he doesn't mean to say it in a bad way, he just means it would be more fun if we didn't reach the exact number, you can change that 50k to anything and the statement is still true and still quite entertaining.
I realized that the market would be more interesting if bitcoin will not reach $50,000 at this bull run.
Just like the last bull run, bitcoin did not reach $20,000 and the price corrected hard.
So I'm thinking maybe it could happen this time and we will call it " bull run over" while watching the price dump.
What do you think ?
Just like the last bull run, bitcoin did not reach $20,000 and the price corrected hard.
So I'm thinking maybe it could happen this time and we will call it " bull run over" while watching the price dump.
What do you think ?
Its bloodbath all over the market before touching the $50k after this small correction It will finally reach this level but be very careful from here as for sure a lot of sell pressure will happen and afraid it will be like 2017 that its the final top in this bull market, $50k is imminent and a huge correction -30%-40% after this is also possible so always take profit.
We could easily imply that the $50.000 goal has been reached already, I mean a difference of $400-500 doesn't change much. However, the case here is way different to compare with 2017. Bitcoin is now receiving world-renowned publicity (At a greater scale than 2017) and this current bull run is being backed by corporations and investors who took action by investing millions.Let's also bear in mind that many other corporations have integrated Bitcoin and Cryptocurrencies in their service in the past year, such as Paypal, Revolut and others that I'm not familiar with.
Moreover, this isn't a bloodbath by any means, the prices have recovered to yesterday's levels already.
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