Bitcoin will not reach $50,000 - page 4.

Poker Player

legendary

Activity: 1372

Merit: 2017

Quote from: Viscore on February 14, 2021, 06:26:12 AM

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 ?

I understand it's a joke but I don't see the humor in it. Or if you are serious, I understand that you don't hold Bitcoin, or hold very little.

What do you call interesting?

I call interesting more and more companies are accepting bitcoin as a means of payment and buying it for their balance sheets.

I call interesting growing demand and dwindling supply because of halvings and because people are reluctant to sell at the thought of Bitcoin's future potential.

I call it interesting that more and more people are recognizing Bitcoin as the world's best store of value.

Etc.

crwth

copper member

Activity: 2940

Merit: 1280

https://linktr.ee/crwthopia

We all know that all trading patterns that were invented were based on historical data, and if we are to consider these happenings to previous events with crypto, it's definitely a possibility. But right now, I do believe that with the richest man right now, Elon Musk, hyping cryptocurrencies *ehem Doge* it's not going to be easily a downfall from here.

If it comes to that, I don't think it would be easy coming back to the ATH.

You know, I'm hoping for BTC to crash down even a little bit so that I could buy more. Long Term HODL.

UnDerDoG81

legendary

Activity: 2179

Merit: 1201

I think we see it today.

traderethereum

hero member

Activity: 2870

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Vave.com - Crypto Casino

$50k will be a possible price for bitcoin to reach in the next rally, but $100k will not possibly happen this month as that price will be too high for bitcoin to increase temporarily.
But $100k will be possible to happen this year or next year as if more companies join and support bitcoin, that will be wide open for the price to rise so high.
If that can happen, we might see bitcoin not just touch $100k, but it could be more than $100k.
But I do not expect to see a bear trend will come so soon as the price still increases so that the price can get another rally this month.

Russlenat

hero member

Activity: 2716

Merit: 904

I'm not giving up to think that Bitcoin will able to reach $50,000. It is just a few more steps or a little bit pushed we finally achieve that. Many investors are now in FOMO, might this give help. As many rich people are advertising Bitcoin on social, the more chance we get.

Just keep your faith mate, nothing is impossible in crypto.

Quote from: Sanitough on February 14, 2021, 07:48:14 AM

Don't try to sleep, we will see that $50k soon enough.

I hope we won't but I think it is more surprising when we woke up and saw the market surpassing $50,000.

Lucius

legendary

Activity: 3234

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Quote from: Viscore on February 14, 2021, 06:26:12 AM

I realized that the market would be more interesting if bitcoin will not reach $50,000 at this bull run.

Interesting for whom? For all those who pray every day for a correction to finally happen and for the price to be at least $10 000 again? I really thought people had learned at least something from the previous bull run, but one large percentage of people on this forum still believe that 2021 should be the same as 2018. It would be good to finally wake up and accept reality.

Quote from: Viscore on February 14, 2021, 06:26:12 AM

What do you think ?

I think your only chance for a big correction is for everyone to come together and launch a petition that you will then send to Elon Musk and all other big investors - if they dump everything they bought, your wish will come true.

Sanitough

hero member

Activity: 2856

Merit: 674

Maybe $50,000 is not the max years, maybe it's $100,000, no one knows but that opinion of yours is 10% of happening since bitcoin has already hit $49700 24 hours high in https://www.binance.com/en/trade/BTC_USDT. Don't try to sleep, we will see that $50k soon enough.

blckhawk

sr. member

Activity: 1554

Merit: 334

Quote from: Viscore on February 14, 2021, 06:26:12 AM

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 ?

Well, I think that is not gonna happen because first, Bitcoin is now a couple of steps from reaching the $50k mark to be exact it is $500 away. Secondly, today's market is far different from what we have way back then as today's growth is more firm and strong due to large institutions are now venturing and I don't think they will sell-off sooner thus expect that it will go up even more. While the market way back 2017 on the other hand. are more likely caused by FOMO. But correction is inevitable so we might experience some pullback after hitting $50k.

ancafe

hero member

Activity: 1778

Merit: 746

too soon to conclude that. Currently, bitcoin price is $ 49570 (preev), and it will continue to grow. I think, when the $ 50k price breaks, a higher price will be reached, and the bitcoin price will stabilize at that price. well, I think that in the near future, the price could reach $ 50k.

Obito

sr. member

Activity: 1274

Merit: 293

But it is not the same as back then, institutional investors are still a scarcity back when it didn't reach 20k but now it is different, we are pushing the third month and the price is still going up meanwhile the sharp drop in 2017 started in January. The price will reach 50k, rumors of big institutions buying bitcoin grows louder so we can expect that the market will only go up.

MyCryptoDomains

jr. member

Activity: 63

Merit: 1

I think it would be even more interesting if I randomly received 100BTC to my wallet. Grin

A prediction for you from 2020...
https://twitter.com/SmartContracter/status/1235643083791814656

Coyster

legendary

Activity: 2184

Merit: 1302

$50,000 could actually be small, compared to what the price of Bitcoin will prolly be at the end of this year (2021); tbh, I do not expect the sort of correction that'll feel like it's "bull run over", I expect Bitcoin to break the 50k mark sooner than later, it's up to 49k already, and 50k upwards should be expected in the coming few weeks.

Having said that, I'm pretty sure we all are curious to see how far this run can go, we've predicted/speculated that institutional Investment should make a difference, as we aren't expecting a sporadic and serious plunge. It's definitely going to be an amazing journey with Bitcoin from now till the end of the year, it's much better if your hodl.

Viscore

hero member

Activity: 3178

Merit: 661

Live with peace and enjoy life!

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 ?

Topic: Bitcoin will not reach $50,000 - page 4. (Read 557 times)