Topic: How bad will the bear market of 2021 get? How low will BTC go? - page 3. (Read 1039 times)
January 24, 2021, 12:54:35 AM
If only there is a direct answer to this but there isn't, you just have to wait and watch and see how the market unfold, this few days btc looks stable at $32k, if this will be the correction from $40k or it will go down dipper it is hard to tell, I really hope it stays above $30k for the most part of it, but I doubt that will happen.
January 24, 2021, 12:27:02 AM
Bitcoin is down considerably from it's peak. How low do YOU think bitcoin will go before it stabilizes?
I have seen Bitcoin moves Up and Down this past week so what can we expect more now? Just decide if you want to Hold or Quit , because the volatility makes this hard for us now.I don't know if the correction has already started but there's a major dumped happening, bitcoin dumped below $30,000 and it has bounce back a bit. However, I think the trend is already bearish, I am optimistic on the future of bitcoin but I can't deny the possibility of seeing a major correction, I think we will see a price as low as $10,000 this year.
I think it's stabilized for now, I'm observing the price the past 2 days, since last night, it has stabilized at around $30.000. I don't think it will drop any further, or at least not to a large degree. Likewise, I am now looking for an opportunity to buy around $1.500 worth of Bitcoin to invest back into trading. The most recent price crash was quite beneficial to say the least. January 22, 2021, 05:56:22 AM
I guess it will rest down to $20k as its worst and not lower than such market value. Having no basis by the way, just speculations. No matter how low its market price become, I guess many investors are waiting for its market value to fall down in order to grab the opportunity to invest and hold for a long period of time, given that no one knows when will the market be at peaks again. But the opportunity itself is what investors are anticipating since there is a huge chance for the market price to again recover, and it will just be patience which will be needed in order to come up with profit in the future.
January 22, 2021, 05:45:52 AM
I don't know if the correction has already started but there's a major dumped happening, bitcoin dumped below $30,000 and it has bounce back a bit. However, I think the trend is already bearish, I am optimistic on the future of bitcoin but I can't deny the possibility of seeing a major correction, I think we will see a price as low as $10,000 this year.
January 22, 2021, 02:49:15 AM
Not worried whatsoever about bitcoin
https://rich-virtuoso.medium.com/weed-out-the-weak-why-the-crypto-bull-market-is-far-from-over-9e17ce37a96a
https://rich-virtuoso.medium.com/weed-out-the-weak-why-the-crypto-bull-market-is-far-from-over-9e17ce37a96a
January 22, 2021, 12:36:07 AM
IMO, we might touch the high teens but unless some crazy news covers out I don't think it will go lower
January 22, 2021, 12:20:45 AM
I think btc will hit 20k and then it will bounce back
January 21, 2021, 09:52:53 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?
You said peak.
In the singular.
(and it's *its* not it's)
January 21, 2021, 09:21:25 PM
my guess was it would hit 40k and drop as low as 15k between the next big run (could be years)
January 21, 2021, 09:19:16 PM
January 21, 2021, 09:19:04 PM
Even until this sharp drop occurs I still don't think it's the true peak, because I'm still optimistic the ATH will be higher but yes. If this is the end then it looks like the likely price to be maintained is still in the 20k range with the bottom probably going in the 15k range and above. Nobody knows for sure but if you look at the history I think it still makes sense, and I don't care how strong the dollar's value will be with the new government because at least any currency and asset will definitely go up and down.
fantastic January 21, 2021, 09:16:36 PM
Around us $30000, 2021 may also bring a new record high
January 21, 2021, 08:58:00 PM
Quote
How bad will the bear market of 2021 get? How low will BTC go?
Considering the market pattern of Bitcoin in 2017, 2018, 2019 and 2020, it is likely that we might see the market value of bitcoin go below $30k or $25k. The Bitcoin market is also full of surprises, I will be surprised if we see Bitcoin drop below $25k. Also, the market value can potentially go beyond $40k.
Geee wizz, Bitcoin might go below where it is now (drop below 25k), or maybe it could go above (potentially go beyond 40k). People keep saying this same statement in different words over and over, like that means something. Might go up, might go down, might rain, might be sunny. Way to say nothing at all.
January 21, 2021, 08:45:19 PM
Bitcoin is any time to up and down. So it not easy to guess the price. 2021 bitcoin price is increasing. Now most people know bitcoin that the reason people invest and hold the bitcoin. So that the reason bitcoin prices increasing.
use the link and got more information bitcoin price: https://www.nasdaq.com/articles/bitcoin-will-rise-above-%24100000-in-2021-2021-01-01
use the link and got more information bitcoin price: https://www.nasdaq.com/articles/bitcoin-will-rise-above-%24100000-in-2021-2021-01-01
January 21, 2021, 06:54:08 PM
If Bitcoin breaks $30k level then that would signal for a dump, but it would only go down to atleast $20k, this is not a cause for panic. Maybe Bitcoin needs this correction to fuel the next rally, i agree that we're already at its peak and the bulls are probably exhausted we have failed to breakthrough $42k twice or thrice? That a sign of weakness. Regarding on what US administration wants they've already printed a lot of money and injected it to the system which would only devalue the dollar.
January 21, 2021, 06:47:22 PM
How low do YOU think bitcoin will go before it stabilizes?
You must know Bitcoin price is very volatile and unstable. How can it be stable someday? Any institution to regulate the price? Mate, Bitcoin price is purely determined by the demand in the market. I don't see a chance for Bitcoin to be stable in price now. Or even in the near future, I am sure the value will the same as today.The new incoming US administration has stated that it does not seek a weak dollar
They should say that, but it has no correlation with Bitcoin. Dollar value has no significant impact on Bitcoin price. 
January 21, 2021, 06:43:02 PM
I believe Bitcoin will not drop below the $ 30k price, I thought after doing technical analysis that the $ 30k support price is very strong. So I will
predict that in the near future the Bitcoin price will go up again, so take advantage of the current situation as an opportunity to buy Bitcoin.
Because I think the current Bitcoin price of $ 31k is very good and quite cheap to buy. But don't buy Bitcoin at once with all the capital we have,
buy Bitcoin gradually just in case Bitcoin goes wrong direction.
predict that in the near future the Bitcoin price will go up again, so take advantage of the current situation as an opportunity to buy Bitcoin.
Because I think the current Bitcoin price of $ 31k is very good and quite cheap to buy. But don't buy Bitcoin at once with all the capital we have,
buy Bitcoin gradually just in case Bitcoin goes wrong direction.
January 21, 2021, 06:35:18 PM
Bitcoin is down considerably from it's peak. How low do YOU think bitcoin will go before it stabilizes?
Bitcoin is highly volatile, so we can see prices swinging a lot. Another thing, I think this drop is something like a correction, probably the peak of the cycle is yet to come,
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?
I don't think so, Dollar and Bitcoin have a different market. Besides, even though the dollar strengthen, as long as Bitcoin adoption continues, it won't lose its value against USD.
January 21, 2021, 05:00:54 PM
To predict how big corrections might be and how Bitcoin price can go is as much as difficult as to say how much it will grow.
Price will fluctuate and to my opinion corrections might be somewhere between 20% and 30%. But at some moment price will definitely fall and we have to be prepared for that.
Price will fluctuate and to my opinion corrections might be somewhere between 20% and 30%. But at some moment price will definitely fall and we have to be prepared for that.
It's Bitcoin we're talking about, it can drop some 80-90% from peak to bottom once it gets going. Lets say it drops 90% from its peak of $42K, that gives you $4200. That could be very doable, was about the bottom last year. A retest of the last bottom is not uncommon in TA.
January 21, 2021, 03:59:59 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 US administration can say whatever they want but you must watch what they do, they have a very aggressive plan in order to try to boost the economy and guess what they're going to use in order to do that? They are going to create a lot of money out of thin air and we all know what that does to the US dollar, it weakens the dollar and I have no reasons to believe that this new administration is just going to stop printing money and they are probably going to keep doing this for as long as they remain in power. 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?
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