How low will Bitcoin go? - page 5. | Bitcointalksearch.org

Shasha80

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Quote from: Maslate on July 09, 2021, 03:58:24 PM

Quote from: Abiky on July 09, 2021, 12:27:54 PM

Quote from: freedomgo on July 04, 2021, 10:48:11 AM

At this moment, it's not good to hold bitcoin if you are aiming to increase your holding.

I would agree with some investors who think of selling their bitcoin and just bought back when bitcoin dump.
With the current movement of bitcoin, it's possible that we will dump below $30k and worse is it will dip until $10k.

That could be too low since we got $60k, but based on history and its trend, it's not impossible.

Worse case, Bitcoin can go as low as $8k with a long-lasting bear market. With China banning Bitcoin miners and Elon Musk criticizing its high energy consumption, anything can happen within the next months. We should be prepared for the worst by selling Bitcoin when it's bullish and buying more coins when it goes all the way down the drain. I usually exchange my Bitcoin to stablecoins whenever I see the opportunity to prevent losses with wild fluctuations in price.

No matter how low Bitcoin goes within the short term, it'll always be a valuable cryptocurrency because of its deflationary model. Long-term speaking, Bitcoin should be heading north of $60k per coin. Price doesn't matter as long as you buy and sell at the right time. You'll achieve peace of mind in the long run if you play your cards right. Just my opinion

For an investor with enough knowledge and experience, I would say you are definitely telling the truth. I'm never worried about what is happening with the market now, and if there's a worse case scenario will come, then it's okay as I've already seen it in the past. Maybe it's time to conclude that the rest of the year will be bearish, so that way we will be able to make a decision on how to handle the situation that we will still benefit.

People who are worried about the current market are usually newbies, because for people who have knowledge and experience, of course
what is happening to Bitcoin today is commonplace. Bitcoin has often fallen quite deep in the past and can always come back to get back up
again. Then there is nothing to worry about, we just need to be patient holding the Bitcoins we have. I'm still optimistic though,
as long as Bitcoin hasn't dropped below $20k, that means the rest of the year is likely bullish.

Hypnosis00

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Quote from: Maslate on July 09, 2021, 03:58:24 PM

Quote from: Abiky on July 09, 2021, 12:27:54 PM

Quote from: freedomgo on July 04, 2021, 10:48:11 AM

snipped~

Worse case, Bitcoin can go as low as $8k with a long-lasting bear market. With China banning Bitcoin miners and Elon Musk criticizing its high energy consumption, anything can happen within the next months. We should be prepared for the worst by selling Bitcoin when it's bullish and buying more coins when it goes all the way down the drain. I usually exchange my Bitcoin to stablecoins whenever I see the opportunity to prevent losses with wild fluctuations in price.

No matter how low Bitcoin goes within the short term, it'll always be a valuable cryptocurrency because of its deflationary model. Long-term speaking, Bitcoin should be heading north of $60k per coin. Price doesn't matter as long as you buy and sell at the right time. You'll achieve peace of mind in the long run if you play your cards right. Just my opinion

For an investor with enough knowledge and experience, I would say you are definitely telling the truth. I'm never worried about what is happening with the market now, and if there's a worse case scenario will come, then it's okay as I've already seen it in the past. Maybe it's time to conclude that the rest of the year will be bearish, so that way we will be able to make a decision on how to handle the situation that we will still benefit.

Well, that seems to be possible as the market is unpredictable but as what it had shown after China's statement towards mining (Banning), that only it gives a little impact on the trend, we experience short declines but the market able to recover and have a steady market price. What I think is that the investors and traders are already preparing for this worse possible scenario and they keep themselves calm, with no indications of panic selling unlike before. I think, we had learn from the past and this why the market price remains healthy.

Maslate

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Quote from: Abiky on July 09, 2021, 12:27:54 PM

Quote from: freedomgo on July 04, 2021, 10:48:11 AM

At this moment, it's not good to hold bitcoin if you are aiming to increase your holding.

I would agree with some investors who think of selling their bitcoin and just bought back when bitcoin dump.
With the current movement of bitcoin, it's possible that we will dump below $30k and worse is it will dip until $10k.

That could be too low since we got $60k, but based on history and its trend, it's not impossible.

Worse case, Bitcoin can go as low as $8k with a long-lasting bear market. With China banning Bitcoin miners and Elon Musk criticizing its high energy consumption, anything can happen within the next months. We should be prepared for the worst by selling Bitcoin when it's bullish and buying more coins when it goes all the way down the drain. I usually exchange my Bitcoin to stablecoins whenever I see the opportunity to prevent losses with wild fluctuations in price.

No matter how low Bitcoin goes within the short term, it'll always be a valuable cryptocurrency because of its deflationary model. Long-term speaking, Bitcoin should be heading north of $60k per coin. Price doesn't matter as long as you buy and sell at the right time. You'll achieve peace of mind in the long run if you play your cards right. Just my opinion

For an investor with enough knowledge and experience, I would say you are definitely telling the truth. I'm never worried about what is happening with the market now, and if there's a worse case scenario will come, then it's okay as I've already seen it in the past. Maybe it's time to conclude that the rest of the year will be bearish, so that way we will be able to make a decision on how to handle the situation that we will still benefit.

Abiky

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Quote from: freedomgo on July 04, 2021, 10:48:11 AM

At this moment, it's not good to hold bitcoin if you are aiming to increase your holding.

I would agree with some investors who think of selling their bitcoin and just bought back when bitcoin dump.
With the current movement of bitcoin, it's possible that we will dump below $30k and worse is it will dip until $10k.

That could be too low since we got $60k, but based on history and its trend, it's not impossible.

Worse case, Bitcoin can go as low as $8k with a long-lasting bear market. With China banning Bitcoin miners and Elon Musk criticizing its high energy consumption, anything can happen within the next months. We should be prepared for the worst by selling Bitcoin when it's bullish and buying more coins when it goes all the way down the drain. I usually exchange my Bitcoin to stablecoins whenever I see the opportunity to prevent losses with wild fluctuations in price.

No matter how low Bitcoin goes within the short term, it'll always be a valuable cryptocurrency because of its deflationary model. Long-term speaking, Bitcoin should be heading north of $60k per coin. Price doesn't matter as long as you buy and sell at the right time. You'll achieve peace of mind in the long run if you play your cards right. Just my opinion

Vatimins

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Quote from: Abiky on June 25, 2021, 07:07:22 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.

Bitcoin right now is really driving me nuts. Its like bitcoin is spitting on the charts. Man, I can't even trust my own technical analysis nowadays which worked really great for quite some time. Either I am just dumb with TA along with a lot of other traders or someone or a group of people are counter trading other traders to liquidate them. Well, all I can do is speculate as of the moment. Bitcoin right now is still struggling so much to get over that 200ma and seems to follow the max pain. But I really don't know anymore if I should trust the crap I see on the charts.

The thing I can only do right now is hedge to assess my losses. I'm glad though that I let go of my altcoins back then when the price of bitcoin was still at 38k-ish. Although I suffered a bit of a loss, at least only a little compared to how much I would have lost if I never sold. At least right now I have funds to rebuy and reduce my losses in btc and be able to buyback those alts cheaper this time.

Taskford

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Quote from: Maslate on July 08, 2021, 05:27:01 AM

Quote from: Elsaveronicha on July 06, 2021, 12:49:00 AM

it can go down to $20k. But I'm sure it's only temporary. So we need to be patient and don't panic when it crashes.
I'm sure if we keep long term, it will gain a lot.

You will gain a lot if you invest more, that will be the fact.
Because a lot of people saying be patient, just hold, keep patient, but the question is if they are doing this? Probably, not and they are just doing this to give some false hope to the others.

Maybe they are believing that it is but they cannot execute for theirselves since they don't have enough fundings, but actually its really hard to hold since the market is unpredictable and we don't know if we can earn in future or not the only one we have is the hope of price increase since we make those past events where bitcoin bull run cames. Although have the same question to since I don't know if those people who told to hold is really a holder or they just want hype up and let other experience on what will be the possible result of holding for long term.

kotajikikox

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Quote from: Robinson66 on July 08, 2021, 03:57:47 AM

Quote from: BitcoinBarrel on June 25, 2021, 09:10:56 PM

It could go to $10k but it will eventually go back up. It really depends on many economic factors. It always goes back up, as long as the internet is around.

I think Bitcoin will definitely rise. It should not be possible to reach $10k. It is a test of people’s mentality now, but at this time, you should be a little patient and don’t just sell your Bitcoin easily, because now the negative news about Bitcoin is fast No more, it will be back to the same as before。

Back as same as before? the price before is below 10k lol .

Just late last year and early this year that the price trend change Highly so don't say that is is easy as that.
Bitcoin price will certainly grow but this is not happening any time soon.

Even Wall Observer Thread here >>>>>>>>>>>>>>>> https://bitcointalksearch.org/topic/wall-observer-btcusd-bitcoin-price-movement-tracking-discussion-178336

is having separate stand about the bullishness or the bearishness to come .

Maslate

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Quote from: Elsaveronicha on July 06, 2021, 12:49:00 AM

it can go down to $20k. But I'm sure it's only temporary. So we need to be patient and don't panic when it crashes.
I'm sure if we keep long term, it will gain a lot.

You will gain a lot if you invest more, that will be the fact.
Because a lot of people saying be patient, just hold, keep patient, but the question is if they are doing this? Probably, not and they are just doing this to give some false hope to the others.

If the market will dump again like you said $20k or below, it can be temporary for sure but we can never expect that it recovers so fast.
Well, Bitcoin will go for long-term, no doubt for that. Investors took the advantage of buying Bitcoin it is because they have some faith and trust even though they never know how long this Bitcoin could still exist.

Robinson66

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Quote from: BitcoinBarrel on June 25, 2021, 09:10:56 PM

It could go to $10k but it will eventually go back up. It really depends on many economic factors. It always goes back up, as long as the internet is around.

I think Bitcoin will definitely rise. It should not be possible to reach $10k. It is a test of people’s mentality now, but at this time, you should be a little patient and don’t just sell your Bitcoin easily, because now the negative news about Bitcoin is fast No more, it will be back to the same as before。

doomloop

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Quote from: lenovop-70 on July 04, 2021, 11:54:18 AM

I like when you said "it will goes back up" it's make me feel comfy, and the fact is like what you said above. The price will goes up and down depend on market supply and demand, with some issues and rumors, BTC will always goes up. IMHO no one can resist the existing of bitcoin and his technology, it's just about time when it will explode.

And price should never define whether it's time for BTC to shut down. I mean price volatility has always been associated with the crypto markets and if you are deciding the future of crypto just after a bear run, then it shows we still don't trust bitcoin and the mechanism.

Guys remember the governments would have banned crypto by now if they were able to but just like you cannot ban people signing in their bathrooms, you cannot ban people from transacting crypto even after a ban has been imposed.

The crypto market just needs some faith and trust from us, some of us have made a life out of bitcoins and at least when the market is down and outsiders are trying to kill it, we as a community should show some trust in our currency. Bitcoin was made for the people and if people don't trust it, then it cannot last forever.

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it can go down to $20k. But I'm sure it's only temporary. So we need to be patient and don't panic when it crashes.
I'm sure if we keep long term, it will gain a lot.

RealMalatesta

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Quote from: yohananaomi on July 05, 2021, 03:01:25 AM

bitcoin was hit by a barrage of bad news, causing many to be insecure, to take inappropriate actions. resulted in bitcoin experiencing a very deep correction. fortunately there are still those who remain loyal and survive, to be able to hold back the rate of bitcoin so that it doesn't fall even more.

Your hope is of course the trend of turning away from bitcoin is eagerly awaited by many crypto fans to be able to happen again. by starting to set up to move up even though it may take quite a while, to be able to make bitcoin able to regain momentum to lead to improvement. of course we will see this after Q3, until the end of this year bitcoin will increase again.

I believe that it was bound to happen and news wasn't the real reason for it. I feel like we have gone up so much that we were dealing with very thin layer of protection and we were in a bubble price, 64k in a year after we reached below 4k in 2020 as bottom didn't look like healthy increase. So yeah, the news did broke out and the price went down afterwards and some tweets by Elon and some other stuff, but they were all "reason" for people to get out of a market that looked too bubbly.

You do not drop 50% in under a week just because of some news, there were bad news before and it didn't impacted the price to drop 50% total, that wasn't the case, however this time around it was not because the news was big, we always get bad news, but only because price was at a place where support couldn't hold it anymore. That is the real reason why we went low if you ask me.

yohananaomi

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Quote from: DeathAngel on July 01, 2021, 03:17:52 PM

I hope we’ve already seen the bottom of the China induced correction. I’m not feeling too confident about the price at the moment though. It just feels like big players are desperate to see the price go lower. I’m desperate to see the trend reverse & restart the bull run.

bitcoin was hit by a barrage of bad news, causing many to be insecure, to take inappropriate actions. resulted in bitcoin experiencing a very deep correction. fortunately there are still those who remain loyal and survive, to be able to hold back the rate of bitcoin so that it doesn't fall even more.

Your hope is of course the trend of turning away from bitcoin is eagerly awaited by many crypto fans to be able to happen again. by starting to set up to move up even though it may take quite a while, to be able to make bitcoin able to regain momentum to lead to improvement. of course we will see this after Q3, until the end of this year bitcoin will increase again.

Asuspawer09

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Quote from: Abiky on June 25, 2021, 07:07:22 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.

In my opinion, the market price of bitcoin was not like to drop below 30k$ because for me that was just too low for the price of 1 bitcoin, I would definitely buy one when the market price drop below even at 25k$ because the potential profit in the future of this kind of investment was just too high. Below 20k$ was just impossible because people just see how bitcoin could explode when it surpasses the old ATH record around 20k$ so probably there will be a lot of experience traded that will hold it for sure.

Probably it could stay a few months up to ber months but might be even more, we just don't know the even time it could easily happen, but I'm not gonna be surprised will be bitcoin price drop below 30k$ or even if it exploded to 70k$-100k$ in the coming months because we all know how bitcoin is different in another cryptocurrency I think it will reach even 200k$ at the end of the year.

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Quote from: lenovop-70 on July 04, 2021, 11:54:18 AM

Quote from: BitcoinBarrel on June 25, 2021, 09:10:56 PM

It could go to $10k but it will eventually go back up. It really depends on many economic factors. It always goes back up, as long as the internet is around.

I like when you said "it will goes back up" it's make me feel comfy, and the fact is like what you said above. The price will goes up and down depend on market supply and demand, with some issues and rumors, BTC will always goes up. IMHO no one can resist the existing of bitcoin and his technology, it's just about time when it will explode.

I agree on that I still expecting that btc will soon rise up to 100k$ at the end of this year. Bitcoin will never fall back to 20k$ and in the near future 200k$ is easy for bitcoin as a new ATH. We are now in a modern world with a modern technology so there is a big possibility that soon many more people will used bitcoin and it will make the bitcoin price up.

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Quote from: BitcoinBarrel on June 25, 2021, 09:10:56 PM

It could go to $10k but it will eventually go back up. It really depends on many economic factors. It always goes back up, as long as the internet is around.

I like when you said "it will goes back up" it's make me feel comfy, and the fact is like what you said above. The price will goes up and down depend on market supply and demand, with some issues and rumors, BTC will always goes up. IMHO no one can resist the existing of bitcoin and his technology, it's just about time when it will explode.

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At the moment BTC has many technical possibilities of giving itself a very good move, in fact some analysts, the most optimistic, are talking that it could possibly reach $ 41k, which would not fall badly, it would be one of the best things they can do. occur in the market, if the whole bullish scenario occurs I think it can reach this target, in fact this analysis proves it:

Quote

BTC had to surpass some short-term hurdles in an attempt to reclaim $41,000, but the indicators did tilt towards a bullish outcome. However, traders must be cautious of getting too optimistic. If the next wave of selling pressure drags BTC below the $33,000 mark, its bullish setup would be negated.

Source: https://ambcrypto.com/when-can-bitcoin-reclaim-41000/

Due to this I do not think that BTC now makes movements below $ 30k, however, you have to be moderate with respect to the corresponding investment, it is necessary to highlight that now BTC what many expect is to be able to reach $ 100k according to the model S2F.

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At this moment, it's not good to hold bitcoin if you are aiming to increase your holding.

I would agree with some investors who think of selling their bitcoin and just bought back when bitcoin dump.
With the current movement of bitcoin, it's possible that we will dump below $30k and worse is it will dip until $10k.

That could be too low since we got $60k, but based on history and its trend, it's not impossible.

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Quote from: barota on July 01, 2021, 06:39:14 PM

bitcoin can fall under 20000 usd, prices can touche 15000 usd per btc , for sure if the bear market continue , the support 30000 seem good till now , if the support fall and priced touche 27000 usd iam sure price can continue falling to 25000 usd per btc in the same day . the predection of market is very dificult and now when know what will happend for the market in the future . find an excat bottom is very dificult for this reason the current prices does not seem like bottom

So far, your estimates, which I'm also afraid of, won't happen, if it happens to drop to $20K, of course it's a disaster that's hard to get up again. bitcoin has been around for a long time at current prices like this because the prices are stable. let bitcoin be able to prepare itself to wait for the time to be able to gain momentum to make it a stepping stone to increase in the end.

actually the price received by bitcoin has not moved too much in the $29K-$40K range and it's been going on for a long time and when it goes down it won't take long to go up again. this movement has been consistent so far and it should be easy to determine what we are going to do. so we can be sure the bitcoin market price is very stable.

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Quote from: barota on July 01, 2021, 06:39:14 PM

bitcoin can fall under 20000 usd, prices can touche 15000 usd per btc , for sure if the bear market continue , the support 30000 seem good till now , if the support fall and priced touche 27000 usd iam sure price can continue falling to 25000 usd per btc in the same day . the predection of market is very dificult and now when know what will happend for the market in the future . find an excat bottom is very dificult for this reason the current prices does not seem like bottom

When we know the exact bottom price, we are no longer an investor, we have officially taken over the market and controlled it in our hands but quite unfortunately until now, we are mostly still starting as investors, determining the bottoms can only be based on supporting tools and here, the daily signal shows us how much bitcoin is moving and it is clearly inconsistent, a few days will be bullish but a few days will be bearish. For position shifts of such a style, we only try to observe mainly, unable to make a completely suitable estimate.

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