Pages:
Author

Topic: How low will Bitcoin go? - page 3. (Read 1525 times)

jr. member
Activity: 60
Merit: 1
July 22, 2021, 08:04:46 PM
 I think $27K is the final destination.  Maybe no one knows how much the price of bitcoin will go down, but 27k USD is the bottom, andthe price will  not be less than that.
sr. member
Activity: 1666
Merit: 268
July 22, 2021, 05:09:37 PM
Just recently, we already touch the level of $20k, so it's not impossible that in the next few days we would really dip at that price again. The price has bounced back a bit, but just like the previous movement, it will still go down because we are already in the bearish market.

We touched $29k, probably the lowest this year, so what price could be the next drop?
Current price as of this moment $32,220 its a gradual increase compared a few days ago which does indicate for some rejection? Possibly!

How low bitcoin could possibly hit? No one knows because i do make myself convinced that Bitcoin price doesnt follow any technicals precisely no matter how good it is.

Actually its hard to tell when we are seeing moving sideways in terms into its price.It cant be determined on where it would be heading next.
A little bounce back doesn't mean bitcoin will go up or pump, we are still experiencing a bearish sentiment and the bearish market will win despite a little bounce back. I believe bitcoin will not even reach $35k and in the next few days, we will again see bitcoin trading below $30k. It's hard to go against the trend, the trend now is bearish, so just don't bet against it, instead appreciate it by accumulating bitcoins.

Although I'm very happy that Bitcoin managed to rise again to the price of $32k, which previously fell below the $30k price. It is true that this
small increase cannot guarantee Bitcoin will pump, the current increase is still too early to be assessed. Because there is still a possibility that
Bitcoin prices will fall again, we still have to be vigilant and continue to monitor Bitcoin movements. As long as Bitcoin has not managed to rise
above the $40k price, Bitcoin has not returned to a bullish trend.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
July 22, 2021, 04:58:17 PM
Just recently, we already touch the level of $20k, so it's not impossible that in the next few days we would really dip at that price again. The price has bounced back a bit, but just like the previous movement, it will still go down because we are already in the bearish market.

We touched $29k, probably the lowest this year, so what price could be the next drop?
Current price as of this moment $32,220 its a gradual increase compared a few days ago which does indicate for some rejection? Possibly!

How low bitcoin could possibly hit? No one knows because i do make myself convinced that Bitcoin price doesnt follow any technicals precisely no matter how good it is.

Actually its hard to tell when we are seeing moving sideways in terms into its price.It cant be determined on where it would be heading next.

A little bounce back doesn't mean bitcoin will go up or pump, we are still experiencing a bearish sentiment and the bearish market will win despite a little bounce back. I believe bitcoin will not even reach $35k and in the next few days, we will again see bitcoin trading below $30k. It's hard to go against the trend, the trend now is bearish, so just don't bet against it, instead appreciate it by accumulating bitcoins.
legendary
Activity: 3122
Merit: 1140
July 22, 2021, 04:55:50 PM
Just recently, we already touch the level of $20k, so it's not impossible that in the next few days we would really dip at that price again. The price has bounced back a bit, but just like the previous movement, it will still go down because we are already in the bearish market.

We touched $29k, probably the lowest this year, so what price could be the next drop?
Current price as of this moment $32,220 its a gradual increase compared a few days ago which does indicate for some rejection? Possibly!

How low bitcoin could possibly hit? No one knows because i do make myself convinced that Bitcoin price doesnt follow any technicals precisely no matter how good it is.

Actually its hard to tell when we are seeing moving sideways in terms into its price.It cant be determined on where it would be heading next.
sr. member
Activity: 1498
Merit: 443
July 22, 2021, 04:52:51 PM
It's true that most of those who know crypto are for long-term investments
How do you know about this? In my opinion, it is difficult to know what most people do with their crypto assets. One person can do both, whether to hold for a long term or short term. Or even, he can do trading as well.

we are happy if all payments can be made in bitcoin but without government acceptance this is difficult to happen
What are you referring to? I think without government acceptance, we still can use Bitcoin for payment purposes. But it probably cannot be applied to all places in the world. In my country, you cannot buy any single goods by using BTC. But I can buy some goods on the internet located outside of my country by using BTC.

legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
July 22, 2021, 04:47:43 PM
Just recently, we already touch the level of $20k, so it's not impossible that in the next few days we would really dip at that price again. The price has bounced back a bit, but just like the previous movement, it will still go down because we are already in the bearish market.

We touched $29k, probably the lowest this year, so what price could be the next drop?
sr. member
Activity: 2226
Merit: 347
July 21, 2021, 04:54:54 PM
It looks like Bitcoin's been on a constant bloodbath, struggling to get past the $40k mark. China, Elon Musk, among many other things, have caused the crypto market to go bearish. At the time of this writing, Bitcoin sits at around $33k per coin. A couple of days ago, Bitcoin was valued at $31k per coin. This is a good opportunity for those who missed on the train to grab coins at discounted prices. But it's a terrible situation for those who bought some Bitcoin when it was close to the $60k mark.

I'm wondering how low will Bitcoin go in price within the next couple of months? Will we likely see Bitcoin heading back to sub $20k prices? Or it is too late already? Do you plan to buy more Bitcoin and "hodl" strong? Or do you plan to sell it all? Your input will be greatly appreciated. Thank you very much. Smiley
No one knows how long the market will continue to deteriorate like this, because short-term sentiment seems as if the bitcoin price is already at its lowest level right now, but bitcoin price movements which are still often experiencing price consolidation could of course make the bitcoin price decline again to a lower price, and now a lot of market analysis is saying if the price of bitcoin has not been at its lowest point and the possibility of a strong bitcoin liquidity at $30K is broken then it could be that the price of bitcoin will go to a price of $25K, because in the last few weeks bitcoin's strongest wall is at $30K so it often makes the price of bitcoin rebound.


Right now things are not looking good, the price is below the 32k level and this is a problem as we are closer to the 30k level than we are of the 40k level, if people fail to defend the 30k level then who knows how low the price will go as people will panic and will begin to sell their coins for a really bad price, but if people really believe in bitcoin they have no other option but to endure this, it is difficult I am not going to lie as I was here when the market crashed in 2017 and it was hard, but it is necessary so we can keep forming part of this market.


The current support now is $30k, if that support will give up, then we might see a big fall again dropping from $30k to $20k is such big news and it will certainly create panic. Some investors are just here for the hype, specifically the bull run, but it seems the bull run is over, so they have no interest here but to withdraw their money with loses and come back next bull run which might happen again years from now.
The price went below the 30k level for some time but once again people have defend it, right now there is a great fight among the bears and the bulls, the bears know that if they can break away from that level in a permanent way they are going to force a lot of people to capitulate and they will sell their coins and this will create another panic and a new correction will come, so far we have been able to resist their attacks but next time we may not be that lucky.
There are lots of uncertainty when bitcoins price did really hit down or when it do plays or hover around 29-30k where people had presuming out that the price could go down even more.
It is indeed the support on which bears didnt really succeed on taking it down below but we cant still that sure because anytime it could really drop or maybe just some fake pullback
in price and might showing some last rise before the disaster. Nothing is assured and since there are no news or fundamentals around then its really hard to determine
on where the price could actually go.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 21, 2021, 02:50:56 PM
It looks like Bitcoin's been on a constant bloodbath, struggling to get past the $40k mark. China, Elon Musk, among many other things, have caused the crypto market to go bearish. At the time of this writing, Bitcoin sits at around $33k per coin. A couple of days ago, Bitcoin was valued at $31k per coin. This is a good opportunity for those who missed on the train to grab coins at discounted prices. But it's a terrible situation for those who bought some Bitcoin when it was close to the $60k mark.

I'm wondering how low will Bitcoin go in price within the next couple of months? Will we likely see Bitcoin heading back to sub $20k prices? Or it is too late already? Do you plan to buy more Bitcoin and "hodl" strong? Or do you plan to sell it all? Your input will be greatly appreciated. Thank you very much. Smiley
No one knows how long the market will continue to deteriorate like this, because short-term sentiment seems as if the bitcoin price is already at its lowest level right now, but bitcoin price movements which are still often experiencing price consolidation could of course make the bitcoin price decline again to a lower price, and now a lot of market analysis is saying if the price of bitcoin has not been at its lowest point and the possibility of a strong bitcoin liquidity at $30K is broken then it could be that the price of bitcoin will go to a price of $25K, because in the last few weeks bitcoin's strongest wall is at $30K so it often makes the price of bitcoin rebound.


Right now things are not looking good, the price is below the 32k level and this is a problem as we are closer to the 30k level than we are of the 40k level, if people fail to defend the 30k level then who knows how low the price will go as people will panic and will begin to sell their coins for a really bad price, but if people really believe in bitcoin they have no other option but to endure this, it is difficult I am not going to lie as I was here when the market crashed in 2017 and it was hard, but it is necessary so we can keep forming part of this market.

The current support now is $30k, if that support will give up, then we might see a big fall again dropping from $30k to $20k is such big news and it will certainly create panic. Some investors are just here for the hype, specifically the bull run, but it seems the bull run is over, so they have no interest here but to withdraw their money with loses and come back next bull run which might happen again years from now.
The price went below the 30k level for some time but once again people have defend it, right now there is a great fight among the bears and the bulls, the bears know that if they can break away from that level in a permanent way they are going to force a lot of people to capitulate and they will sell their coins and this will create another panic and a new correction will come, so far we have been able to resist their attacks but next time we may not be that lucky.
full member
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
July 19, 2021, 02:33:47 PM
Will we likely see Bitcoin heading back to sub $20k prices?
I think the Bitcoin price can be around $20k again in the early of the next year, 2022. In my opinion, bullish will be over after 2021 ends, then the Bitcoin price will drop massively. There is a chance for Bitcoin to drop to $20k or even below $20k once the bearish season comes. I am not really sure how far the Bitcoin price will drop exactly, but $20k is very possible.

Do you plan to buy more Bitcoin and "hodl" strong?
For now, I am afraid to buy more. I prefer to hold my existing Bitcoin. I hope the price will grow up again around $40k-$50k, then I plan to sell my Bitcoin. I am sure Bitcoin price still has a chance to increase again before the upcoming bearish season.

full member
Activity: 2324
Merit: 175
July 18, 2021, 06:17:41 AM

The current support now is $30k, if that support will give up, then we might see a big fall again dropping from $30k to $20k is such big news and it will certainly create panic. Some investors are just here for the hype, specifically the bull run, but it seems the bull run is over, so they have no interest here but to withdraw their money with loses and come back next bull run which might happen again years from now.

The $30k is crucial but if ever it cannot sustain that level it will open a good opportunity to investors who are looking for a dip, I'm sure many investors are ready to buy when weak hands started to sell their shares, we need not worry when there are dumpers, there are always takers and these takers will be the lucky one.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
July 17, 2021, 04:46:20 PM
It looks like Bitcoin's been on a constant bloodbath, struggling to get past the $40k mark. China, Elon Musk, among many other things, have caused the crypto market to go bearish. At the time of this writing, Bitcoin sits at around $33k per coin. A couple of days ago, Bitcoin was valued at $31k per coin. This is a good opportunity for those who missed on the train to grab coins at discounted prices. But it's a terrible situation for those who bought some Bitcoin when it was close to the $60k mark.

I'm wondering how low will Bitcoin go in price within the next couple of months? Will we likely see Bitcoin heading back to sub $20k prices? Or it is too late already? Do you plan to buy more Bitcoin and "hodl" strong? Or do you plan to sell it all? Your input will be greatly appreciated. Thank you very much. Smiley
No one knows how long the market will continue to deteriorate like this, because short-term sentiment seems as if the bitcoin price is already at its lowest level right now, but bitcoin price movements which are still often experiencing price consolidation could of course make the bitcoin price decline again to a lower price, and now a lot of market analysis is saying if the price of bitcoin has not been at its lowest point and the possibility of a strong bitcoin liquidity at $30K is broken then it could be that the price of bitcoin will go to a price of $25K, because in the last few weeks bitcoin's strongest wall is at $30K so it often makes the price of bitcoin rebound.


Right now things are not looking good, the price is below the 32k level and this is a problem as we are closer to the 30k level than we are of the 40k level, if people fail to defend the 30k level then who knows how low the price will go as people will panic and will begin to sell their coins for a really bad price, but if people really believe in bitcoin they have no other option but to endure this, it is difficult I am not going to lie as I was here when the market crashed in 2017 and it was hard, but it is necessary so we can keep forming part of this market.

The current support now is $30k, if that support will give up, then we might see a big fall again dropping from $30k to $20k is such big news and it will certainly create panic. Some investors are just here for the hype, specifically the bull run, but it seems the bull run is over, so they have no interest here but to withdraw their money with loses and come back next bull run which might happen again years from now.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 17, 2021, 12:44:34 PM
It looks like Bitcoin's been on a constant bloodbath, struggling to get past the $40k mark. China, Elon Musk, among many other things, have caused the crypto market to go bearish. At the time of this writing, Bitcoin sits at around $33k per coin. A couple of days ago, Bitcoin was valued at $31k per coin. This is a good opportunity for those who missed on the train to grab coins at discounted prices. But it's a terrible situation for those who bought some Bitcoin when it was close to the $60k mark.

I'm wondering how low will Bitcoin go in price within the next couple of months? Will we likely see Bitcoin heading back to sub $20k prices? Or it is too late already? Do you plan to buy more Bitcoin and "hodl" strong? Or do you plan to sell it all? Your input will be greatly appreciated. Thank you very much. Smiley
No one knows how long the market will continue to deteriorate like this, because short-term sentiment seems as if the bitcoin price is already at its lowest level right now, but bitcoin price movements which are still often experiencing price consolidation could of course make the bitcoin price decline again to a lower price, and now a lot of market analysis is saying if the price of bitcoin has not been at its lowest point and the possibility of a strong bitcoin liquidity at $30K is broken then it could be that the price of bitcoin will go to a price of $25K, because in the last few weeks bitcoin's strongest wall is at $30K so it often makes the price of bitcoin rebound.


Right now things are not looking good, the price is below the 32k level and this is a problem as we are closer to the 30k level than we are of the 40k level, if people fail to defend the 30k level then who knows how low the price will go as people will panic and will begin to sell their coins for a really bad price, but if people really believe in bitcoin they have no other option but to endure this, it is difficult I am not going to lie as I was here when the market crashed in 2017 and it was hard, but it is necessary so we can keep forming part of this market.
member
Activity: 518
Merit: 11
HODL
July 16, 2021, 11:02:13 PM
With China banning Bitcoin miners and Elon Musk criticizing its high energy consumption, the market price of bitcoin will as low as 10k$ .Pls prepare for the worst ,There is a long-lasting bear market.
I don't understand what is your last reason? when relying only on Elon and Fud china,... Bitcoin will not fall to 10k$, it will never happen. The market is still reacting well to volume from Grayscale trusts, it certainly won't prolong this melancholy. Highest risk if we are disadvantaged at 30k, then 28k then stop is 24k. Forget the past, it won't repeat that fun.
member
Activity: 532
Merit: 18
July 16, 2021, 06:56:47 PM
I think that the lowest value that Bitcoin will fall to is $25k in this bear market. We should be prepared for the price to go down under $30k very soon. It's imminent. And this time I'm expecting this fall to reach even a lower level than $29k. And I must admit that the bear market is always really boring.  Grin  I've missed the bull market already now.
STT
legendary
Activity: 4102
Merit: 1454
July 16, 2021, 05:35:29 PM
Some recovery over the weekend possibly but we are below the 2 day average and any move upwards is questioned and doubted.  We've not yet made a higher low and we've broken down from a triangle formation negatively, just another repeat indicating BTC remains negative.   Longer term Im not too concerned but near term I dont feel the negative action is resolved at all.



Quote
China banning Bitcoin miners and Elon Musk

Elon matters less then Kermit the frog on sesame street giving indication of some view of BTC.  China will ban anything at all, dont assume either of these factors in appearance being negative actually matters.  Mining being more globally based is a positive, it was raised as a concern many times prior.
member
Activity: 994
Merit: 20
July 16, 2021, 04:28:03 PM
Bitcoin price is already on the brink of dropping down to a level between $20k and $30k soon. And I think it will the lowest value that Bitcoin price will come down to. I don't expect to see below $20k. We've already left those times behind I think.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
July 16, 2021, 03:15:18 PM
It looks like Bitcoin's been on a constant bloodbath, struggling to get past the $40k mark. China, Elon Musk, among many other things, have caused the crypto market to go bearish. At the time of this writing, Bitcoin sits at around $33k per coin. A couple of days ago, Bitcoin was valued at $31k per coin. This is a good opportunity for those who missed on the train to grab coins at discounted prices. But it's a terrible situation for those who bought some Bitcoin when it was close to the $60k mark.

I'm wondering how low will Bitcoin go in price within the next couple of months? Will we likely see Bitcoin heading back to sub $20k prices? Or it is too late already? Do you plan to buy more Bitcoin and "hodl" strong? Or do you plan to sell it all? Your input will be greatly appreciated. Thank you very much. Smiley

We have lot chance to see btc dropping to $25k. I remember, btc reached its all time height to $21k in April 2017 and fell back to $4k which was almost 75% drop. Then the recent $61k set up a new height. It has dropped to 50% now to $31k. But I dont think it would drop more than 65% as the recent crypto market has brought in more investors. Though the manipulation is on whale's hands, lets hope btc do not drop below $25k.
full member
Activity: 728
Merit: 100
https://i.imgur.com/hgxNNiA.png
July 16, 2021, 10:08:43 AM
With China banning Bitcoin miners and Elon Musk criticizing its high energy consumption, the market price of bitcoin will as low as 10k$ .Pls prepare for the worst ,There is a long-lasting bear market.
this kind of news will not have a big effect on bitcoin and bitcoin. no need to worry, this kind of news has hit bitcoin several times but bitcoin is still growing today. current market conditions are very difficult to predict, we will not know after this we will see mountains or ravines.
Big investors are pressuring the strong bitcoin price, because they are waiting for bitcoin to fall at the lowest price. great opportunity for them to buy bitcoins at very low prices and start reinvesting huge sums. that's their game and you could say this is their business strategy.

so we don't have to worry about bitcoin falling at a very low price, because bitcoin needs to refill its fuel to fly to the moon.
full member
Activity: 1134
Merit: 100
SOL.BIOKRIPT.COM
July 16, 2021, 08:21:50 AM
With China banning Bitcoin miners and Elon Musk criticizing its high energy consumption, the market price of bitcoin will as low as 10k$ .Pls prepare for the worst ,There is a long-lasting bear market.
this kind of news will not have a big effect on bitcoin and bitcoin. no need to worry, this kind of news has hit bitcoin several times but bitcoin is still growing today. current market conditions are very difficult to predict, we will not know after this we will see mountains or ravines.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
July 16, 2021, 07:20:21 AM
It looks like Bitcoin's been on a constant bloodbath, struggling to get past the $40k mark. China, Elon Musk, among many other things, have caused the crypto market to go bearish. At the time of this writing, Bitcoin sits at around $33k per coin. A couple of days ago, Bitcoin was valued at $31k per coin. This is a good opportunity for those who missed on the train to grab coins at discounted prices. But it's a terrible situation for those who bought some Bitcoin when it was close to the $60k mark.

I'm wondering how low will Bitcoin go in price within the next couple of months? Will we likely see Bitcoin heading back to sub $20k prices? Or it is too late already? Do you plan to buy more Bitcoin and "hodl" strong? Or do you plan to sell it all? Your input will be greatly appreciated. Thank you very much. Smiley
No one knows how long the market will continue to deteriorate like this, because short-term sentiment seems as if the bitcoin price is already at its lowest level right now, but bitcoin price movements which are still often experiencing price consolidation could of course make the bitcoin price decline again to a lower price, and now a lot of market analysis is saying if the price of bitcoin has not been at its lowest point and the possibility of a strong bitcoin liquidity at $30K is broken then it could be that the price of bitcoin will go to a price of $25K, because in the last few weeks bitcoin's strongest wall is at $30K so it often makes the price of bitcoin rebound.



We are in a crucial stage, I guess most of us think that bitcoin will drop below $30k anytime soon since the market movement is so bearish. IMO, it's possible and I would not really be surprised as we have witnessed this many times and the bear market would usually take longer after a bull run.

Take that $25k, it's still a great price but the moment it will drop $20k, I guess there's a big accumulation that will happen as whales will take advantage on that as some investors are panicking.
Pages:
Jump to: