Topic: How bad will the bear market of 2021 get? How low will BTC go? (Read 1039 times)
Honestly, I am hoping to see Bitcoin below $10k again so I can buy some more. However, with institutions using BTC as a hedge, it is less likely to happen. Price of BTC goes down a bit and whales buy them back, since it reached it's ATH it never went down below $25k. So, I guess it could just go lowest around $20k roughly.
February 05, 2021, 01:42:20 PM
If investor needs their sanity to be at it premium they should for now take time-off Bitcoin price, today its high at maybe $37k price and tomorrow $27k at less than that some investor sells then if the price the next day maybe goes up they regret, I think the price may not get to $40k dollars that is when its increase, but if the price is decreasing it will not go down to below $20k.
Elon Musk is playing with matches, he is clearly manipulating the market and I believe that people will suffer from this.
i dont think Bitcoin price and cryptocurrency market in general can be manipulated by Musk or any person,
is supposed to be currencies not stock is all about supply and demand and how much of it circulates around
what is driving people towards cryptos in general is current state of fiat economy and banking system
February 05, 2021, 12:45:21 PM
We cannot state exactly on how low can the price of Bitcoin go right after reaching its ATH and having a sudden drop of price few days right after that. The price is unpredictable so we still certainly do not know into what extent can it go if it will cut lower than $30,000 or will be safe at that price mark and play along $30,000+. Well, year 2021 have just started and we still have plenty of months right ahead of us so we better just see to it to better witness it by using our own eyes of what can possible to make happen by this entire year if the bear market will continue or another bull run will arise.
Over the past few months, bitcoin has repeatedly gone to price correction and it has always been a short time and the price drop has not been large. This gives us hope that this year we will be able to see the longest bullish rise in cryptocurrency without deep price drops in bitcoin. This is somewhat unusual for the cryptocurrency market, but it is possible. We see that this market constantly presents us with unexpected surprises. Now, many have already sold bitcoin, ethereum and other promising cryptocurrencies and are expecting a fall in prices to buy again. This reduces the supply for sale and contributes to further price increases in the cryptocurrency market. January 30, 2021, 06:02:20 PM
Honestly, I am hoping to see Bitcoin below $10k again so I can buy some more. However, with institutions using BTC as a hedge, it is less likely to happen. Price of BTC goes down a bit and whales buy them back, since it reached it's ATH it never went down below $25k. So, I guess it could just go lowest around $20k roughly.
I think, it is not possible to see bitcoin @10, 000 again, it will need more and more fud to create bitcoin price dump. Recently, Elon Musk made a tweet and made his bio #bitcoin and it causes a pump in bitcoin so instantly, more and more companies adapts bitcoin and it is widely known in different parts of the world, so from now on I think bitcoin price will play around 30,000$ and above. Just take the opportunity to buy when it reaches under the resistance of the support level. just be careful and read charts first. 
January 30, 2021, 05:19:26 PM
We cannot state exactly on how low can the price of Bitcoin go right after reaching its ATH and having a sudden drop of price few days right after that. The price is unpredictable so we still certainly do not know into what extent can it go if it will cut lower than $30,000 or will be safe at that price mark and play along $30,000+. Well, year 2021 have just started and we still have plenty of months right ahead of us so we better just see to it to better witness it by using our own eyes of what can possible to make happen by this entire year if the bear market will continue or another bull run will arise.
January 29, 2021, 06:05:34 PM
Bitcoin is down considerably from it's peak. How low do YOU think bitcoin will go before it stabilizes?
The new incoming US administration has stated that it does not seek a weak dollar, will that be the deathblow to the future of bitcoin?
The new incoming US administration has stated that it does not seek a weak dollar, will that be the deathblow to the future of bitcoin?
Looks like another ATH coming soon not a deathblow to me now
This quick rise from 32K to 38K pump is very suspect, and hardly sustainable, its an Elon Musk stunt, probably wont last very long before it starts to fade away again.
Its one thing that he is bullshitting around with Doge tweets and such, but what about the losses some face when acting on those tweets and end up losing money because of it.
January 29, 2021, 12:29:40 PM
Bitcoin is down considerably from it's peak. How low do YOU think bitcoin will go before it stabilizes?
The new incoming US administration has stated that it does not seek a weak dollar, will that be the deathblow to the future of bitcoin?
The new incoming US administration has stated that it does not seek a weak dollar, will that be the deathblow to the future of bitcoin?
Looks like another ATH coming soon not a deathblow to me now
This quick rise from 32K to 38K pump is very suspect, and hardly sustainable, its an Elon Musk stunt, probably wont last very long before it starts to fade away again.
Its one thing that he is bullshitting around with Doge tweets and such, but what about the losses some face when acting on those tweets and end up losing money because of it.
January 29, 2021, 11:31:42 AM
Bitcoin is down considerably from it's peak. How low do YOU think bitcoin will go before it stabilizes?
The new incoming US administration has stated that it does not seek a weak dollar, will that be the deathblow to the future of bitcoin?
The new incoming US administration has stated that it does not seek a weak dollar, will that be the deathblow to the future of bitcoin?
Looks like another ATH coming soon not a deathblow to me now
January 29, 2021, 11:04:22 AM
If investor needs their sanity to be at it premium they should for now take time-off Bitcoin price, today its high at maybe $37k price and tomorrow $27k at less than that some investor sells then if the price the next day maybe goes up they regret, I think the price may not get to $40k dollars that is when its increase, but if the price is decreasing it will not go down to below $20k.
Elon Musk is playing with matches, he is clearly manipulating the market and I believe that people will suffer from this.
January 29, 2021, 10:31:10 AM
If investor needs their sanity to be at it premium they should for now take time-off Bitcoin price, today its high at maybe $37k price and tomorrow $27k at less than that some investor sells then if the price the next day maybe goes up they regret, I think the price may not get to $40k dollars that is when its increase, but if the price is decreasing it will not go down to below $20k.
January 29, 2021, 10:04:14 AM
Bitcoin is down considerably from it's peak. How low do YOU think bitcoin will go before it stabilizes?
BTC still swing near 34 000. Maybe really this is the bear market. Hope that BTC won’t decrease lower then 27K. Though, many investors are waiting for BTC dump to buy more coins before new bullrun. This volatility is an inevitable trend.But the price backs the direction and now increases to $38k, and it's happening on this day.
It is double profit to us, and finally, the holder is making the big profit now.
But it will continue for the other coins because I am sure that many altcoins now are preparing to be the next coins that can increase.
The time for us to recover our losses before can happen soon, and the increase of bitcoin today, gives us a new hope that we already reduce our losses and back to make a profit.
January 29, 2021, 09:05:32 AM
It seems like Eleon Musk decided the bottom was in.
January 28, 2021, 06:54:58 PM
I find this is very different than 2017s bull run,, I think new bull run is coming soon instead of bear
but you never know,,,lets see what happens
but you never know,,,lets see what happens
It's possible because there's a big buying pressure fighting the trend. That said the trend is clear with us having lower highs and lower lows and being unable to defend important levels like 30 thousand.
We also had a death cross just few days back so we are in a bearish setup but not yet a bear market.
I also think we'll attempt to break 50 thousand this year but that's not what many analysts seem to think. I read JP Morgan's theory that we are going to have a short-term bear market this year. Not anything like in 2018 and 19 but a few months of bearish pressure that could even retest 20 thousand again.
January 28, 2021, 05:48:31 PM
2021 bear Wil not start so early which is the usual dip way. I feel the dip Wil take more time to happen and the depth will be the same as usual. But we could see something difference.
January 28, 2021, 05:41:02 PM
when will Bitcoin be bearish is still a mystery...
when a bear market occurs it is likely that Bitcoin price will only be between $ 20k and will not drop past $ 20k. the HODLers have grown in number and they are not worried about bad news so the price is unlikely to drop dramatically.
I think bitcoin become bearish is not a mystery at all. bitcoin crashes because of market correction and because of the whales that sells their holding in smaller value but in large quantity. Bitcoin I think will reach again 25k but it will not go lower than that so let us save some money and make a double effort so that when bitcoin dump again we can buy the dip and hold it until it reaches our desired value. in trading patience is the key. when a bear market occurs it is likely that Bitcoin price will only be between $ 20k and will not drop past $ 20k. the HODLers have grown in number and they are not worried about bad news so the price is unlikely to drop dramatically.
January 28, 2021, 03:29:35 PM
Just broke through 30K. Next stop 20K?
We are clearly in a bear trend, and 2021 looks like its going to be a very bad year for Bitcoin.
We are clearly in a bear trend, and 2021 looks like its going to be a very bad year for Bitcoin.
The downtrend was due to the negative news that bitcoin has been gaining lately, but it doesn't mean that we are in a bear trend. Well, it went as low as $28k at the start of the week, but it seems we have a good bounce in the last 24 hours, as the price continue to gain momentum at $32k.
So it's not going to be a bad year for bitcoin, we still have a lot of leg room to squeeze, and this is just the start of 2021 and I would say that we are still in the bullish phase with occasional FUD, some say that this is a sign that the price could go higher as more bad news to us, the better bitcoin will recover after that. And besides, we have seen this trend before, and bitcoin also rises as it is resilient to this kind of attacks.
but still able to recover on where majority been talking that it might be dead or would be replaced by something better soon or in near future but bitcoin had proven out that it cant really
be phased out easily.In talks of how bad the bear market will be on 2021 then no one knows neither we dont see a bearish market and seeing bullish instead or we would
see an another 2018-2019 kind of experience when it comes to market price conditions.The thing here is that we should really be wise on making out into our own decisions.
January 28, 2021, 03:04:59 PM
Just broke through 30K. Next stop 20K?
We are clearly in a bear trend, and 2021 looks like its going to be a very bad year for Bitcoin.
when will Bitcoin be bearish is still a mystery...We are clearly in a bear trend, and 2021 looks like its going to be a very bad year for Bitcoin.
when a bear market occurs it is likely that Bitcoin price will only be between $ 20k and will not drop past $ 20k. the HODLers have grown in number and they are not worried about bad news so the price is unlikely to drop dramatically.
January 28, 2021, 02:56:02 PM
Just broke through 30K. Next stop 20K?
We are clearly in a bear trend, and 2021 looks like its going to be a very bad year for Bitcoin.
We are clearly in a bear trend, and 2021 looks like its going to be a very bad year for Bitcoin.
The downtrend was due to the negative news that bitcoin has been gaining lately, but it doesn't mean that we are in a bear trend. Well, it went as low as $28k at the start of the week, but it seems we have a good bounce in the last 24 hours, as the price continue to gain momentum at $32k.
So it's not going to be a bad year for bitcoin, we still have a lot of leg room to squeeze, and this is just the start of 2021 and I would say that we are still in the bullish phase with occasional FUD, some say that this is a sign that the price could go higher as more bad news to us, the better bitcoin will recover after that. And besides, we have seen this trend before, and bitcoin also rises as it is resilient to this kind of attacks.
January 28, 2021, 01:04:20 PM
I think that the words of the US government will have an impact on bitcoin, and most importantly, we know that this government does not want to eliminate the dependence of the people of the world on the dollar, and this is what makes bitcoin a restriction.
And in any case, it is the people around the world who maintain bitcoin and its identity
and the rise in bitcoin prices in the coming weeks is not unexpected.
Probably the US government is thinking about how to contain bitcoin, I know for sure they are preparing something for stronger regulation. And in any case, it is the people around the world who maintain bitcoin and its identity
and the rise in bitcoin prices in the coming weeks is not unexpected.
January 27, 2021, 10:32:58 AM
I think that the words of the US government will have an impact on bitcoin, and most importantly, we know that this government does not want to eliminate the dependence of the people of the world on the dollar, and this is what makes bitcoin a restriction.
And in any case, it is the people around the world who maintain bitcoin and its identity
and the rise in bitcoin prices in the coming weeks is not unexpected.
And in any case, it is the people around the world who maintain bitcoin and its identity
and the rise in bitcoin prices in the coming weeks is not unexpected.
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