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Topic: How low will Bitcoin go? - page 6. (Read 1525 times)

sr. member
Activity: 1694
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July 03, 2021, 11:22:21 AM
#73
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

All it takes is just one rich influencer to sway the market and everything else will follow suit.
Do you mean like elon musk?

In my opinion it will only destroy the bitcoin market if a rich person like elon musk can control the market with the wealth he has, we can see how now elon musk manipulates the market with the influence he has and whenever he wants of course he can make the market direction follow he desires, that's why it's too risky if we expect someone rich to have influence in crypto, maybe when he buys of course the price goes up and when he sells all his assets won't that destroy the price of bitcoin later?
sr. member
Activity: 1484
Merit: 277
July 03, 2021, 10:13:16 AM
#72
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

I would still prefer to hold instead of selling my asset, and if the price goes down below $30k again I won't hesitate to accumulate my asset quantity. We need to act quick this time, don't miss every chance that's going to initiate randomly. For next couple of months, I believed recovery starts to amaze all of us so we need to embrace the profit that we've been longing for years.
hero member
Activity: 2128
Merit: 532
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July 03, 2021, 10:10:20 AM
#71
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

All it takes is just one rich influencer to sway the market and everything else will follow suit.
member
Activity: 588
Merit: 12
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July 03, 2021, 09:57:20 AM
#70
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
I'm less sure that bitcoin will go down again, I'm more confident that it will slowly bounce back. lately we have read a lot on the news that many investors will switch to bitcoin and see bitcoin a very good investment.
sr. member
Activity: 1176
Merit: 286
July 01, 2021, 06:39:14 PM
#69
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
legendary
Activity: 3304
Merit: 1617
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July 01, 2021, 03:17:52 PM
#68
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.
hero member
Activity: 2926
Merit: 640
July 01, 2021, 02:46:49 PM
#67
I think $20K or lower is possible though it is sad to see bitcoin will go down to this low price but it is really possible. I mean any value is possible for bitcoin but for now a $30k -$35k market price resistance of bitcoin obviously struggling and as I remember bitcoin price hit already below $30k last time. Also there are some speculations that the probable huge market price drop of bitcoin will surely coming as we are approaching on the bearish months.
Remember that just because there is a resistance doesn't mean that there isn't support neither. If you keep seeing the price going up and fail to go up even more so it goes back down and try to go up again, that means meanwhile it fails to go down as well.

For example, right now we are going between 30k and 40k, and yes you can look at the current situation and say something like "bitcoin is failing to go over 40k" and you will be right, but you will be ignoring the fact that it is also not going under 30k neither, did it just once and bounced right back up very quickly. So if you think that price failing to go 40k means it will drop, at the same time some other person can look at it and say that it is failing to go under 30k so it will go up as well. You both would be equally right because nobody knows what bitcoin will do, we just try to guess it and that's it, it will not go up or down because of one thing, it will just do whatever market says it should.
hero member
Activity: 2002
Merit: 535
July 01, 2021, 02:38:26 PM
#66
While we would only imagine that bitcoin will trade above $100k in the future though it would be quite possible if we see how it hit $65k earlier. But I still want the price to come down just to buy some. LOL
Everyone is looking forward to see a major correction rather than seeing the price holding above $30k, i missed out the opportunity to invest which i was planning for a long time due to the pandemic and it messed up my entire perception as the market rallied faster than the rest of the rallies we had after the halving and if the price goes down before the next rally i would be happy to invest as i am still expecting the market to move well in a few months.
legendary
Activity: 1974
Merit: 1150
July 01, 2021, 12:43:58 PM
#65
I don't think Bitcoin will go any lower than $20k anytime soon.
In the near term this may be true, but I'm not sure if bitcoin will be able to stay above $20K until the end of 2021. If bitcoin break the $30K support level again, then I believe the price can drop lower until it reach $25K. But all the time, we're actually seeing something that's really hard to predict. The strong fundamental are currently supporting bitcoin to stay afloat at the $30K+ level.

While we would only imagine that bitcoin will trade above $100k in the future though it would be quite possible if we see how it hit $65k earlier. But I still want the price to come down just to buy some. LOL
legendary
Activity: 3220
Merit: 1363
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July 01, 2021, 12:09:49 PM
#64
Lucky are those who took the chance of purchasing Bitcoin at $28k.
Even if it's a risky choice, the possibility of bouncing back up is still higher than being dumped after a dump.
This price is where it started before Elon Musk started bombarding Twitter about buying Bitcoin.
So I guess this is where it should also stay. Any price that goes lower at $30k is a good entry point for new investors.

I don't think Bitcoin will go any lower than $20k anytime soon. That's the "bottom" for Bitcoin right now. After the next halving event, things will no longer be the same. People will miss out an opportunity of a lifetime of getting cheap Bitcoin once it goes all the way to the moon. Imagine if Bitcoin goes to $100k. Current prices will be no longer feasible unless something catastrophic happens by then.

By all means, no one can tell how much Bitcoin will be worth in the future. All we can do is speculate with the hopes of seeing our dreams come true someday. The lower Bitcoin goes, the better it'll be to stack up some more coins for the future. Only smart people will understand that there's more to Bitcoin than meets the eye. Today's low is $20k, but tomorrow it could be different. As long as you buy and sell at the right time, you'll have nothing to worry about. Just my thoughts Grin
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July 01, 2021, 08:57:50 AM
#63
All we can do is to drop a wild guess since even if how good you are reading the chart still it will not give you any guarantee that we can say the exact amount will came in future although we can get a basis on it but still we kniw market moves is surprising thats why its hard to tell if we can see lower than 34k or we will go up surge for more these days.
Lucky are those who took the chance of purchasing Bitcoin at $28k.
Even if it's a risky choice, the possibility of bouncing back up is still higher than being dumped after a dump.
This price is where it started before Elon Musk started bombarding Twitter about buying Bitcoin.
So I guess this is where it should also stay. Any price that goes lower at $30k is a good entry point for new investors.

I didn't expect bitcoin to go lower again, but today I see the movement has stabilized and is starting to move to the positive. maybe in the next few weeks bitcoin will start to bounce back, although not much. but this is an opportunity to reinvest.
stabilized ? lol the value reached 36k couple days ago but now struggling to break 35k again so meaning this is not what stable means.

while we all wanted a continues growth yet many are looking for dump so they can repurchase again to hold much more than what we can have.

we hope that bitcoin will bounce back, but we don't realize it and we always inform that bitcoin will go down again, so the information we convey will make investments panic and hesitate to invest, so bitcoin will fall again because of information that makes them worried about invest.
legendary
Activity: 2394
Merit: 1131
July 01, 2021, 08:37:28 AM
#62
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
It's not about how low bitcoin can go. But rather how many coins you would accumulated when market crash. It's pointless if you didn't buy or even scared when crash come but won't buy anything. It's same like 2018 when people bought btc at $19k which ATH on that time, many people calling them stupid and anything but if they HODL until now, they are still on profit eventhough they have bought at ATH price on 2018
hero member
Activity: 2716
Merit: 552
July 01, 2021, 08:28:59 AM
#61
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do you really think about it? Seems too much in my opinion mate. And 11k is like another massive decline in the market if bitcoin fall down to that price. Just imagine from 30k above to that price which is 11k what a big difference. For me as long bitcoin still showing strong support it will never go dip wherein it will keep holding until market become fine.
That's why I said that I was eyeballing it meaning that I am not entirely sure and I was just being observant, and of course it is an opinion. Well, the price were 60k back in March but it was almost half of that now and you are saying that it's impossible this time around?

I agree.
No range is impossible for Bitcoin to reach. May it be on a bearish market or bull market.
Some wants the price to fall, so it can be a great time for accumulation. While some doesn't want the price to fall as it'll stress them out.
You have a good point in specifying the huge crash from the last ATH to it's current price.
However, as the huge crash just happened with more than 50% price correction, the market might be in a consolidation period and couldn't fall further down for more than 60%.
Nevertheless, we're all just speculating anyway.

For me, the lowest would be around $25,000.
legendary
Activity: 2394
Merit: 1049
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July 01, 2021, 08:24:12 AM
#60
All we can do is to drop a wild guess since even if how good you are reading the chart still it will not give you any guarantee that we can say the exact amount will came in future although we can get a basis on it but still we kniw market moves is surprising thats why its hard to tell if we can see lower than 34k or we will go up surge for more these days.
It's true, even the guesses of the experts we can't fully believe because the predictions are still certain to pass and it becomes the average, but at least we can read the chart and some sentiments can be combined in which direction the market will go this will also more precise even though it doesn't fit, but in a technical way it's much better than other wild guesses that only rely on numbers.
But what I see is the $30k+ path is going to be the longest point and we know this is up and down from the previous sentiment.
But we should be able to play an important role in this I think it's been up and down at $30k.
legendary
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July 01, 2021, 08:11:36 AM
#59
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
That is the strong support that I'm seeing right now. The $20,000 since it is the previous strong resistance back in 2017.

TBH, I believe that the $28,000 price of Bitcoin will be the lowest but.. everything can happen. A negative tweet of Elon Musk might push Bitcoin to even lower prices (Fuck Elon). With what is happening right now though, I believe that Bitcoin will go sideways at around the $30,000 to $40,000 price range. I'm just holding Bitcoin until now and I don't have any spare money to use in order to add some Bitcoins to my holdings. I will just sell it at the price that I already set. Will not sell at this moment as I don't have any big reasons to sell right now. Smiley
sr. member
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July 01, 2021, 01:49:42 AM
#58
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do you really think about it? Seems too much in my opinion mate. And 11k is like another massive decline in the market if bitcoin fall down to that price. Just imagine from 30k above to that price which is 11k what a big difference. For me as long bitcoin still showing strong support it will never go dip wherein it will keep holding until market become fine.
That's why I said that I was eyeballing it meaning that I am not entirely sure and I was just being observant, and of course it is an opinion. Well, the price were 60k back in March but it was almost half of that now and you are saying that it's impossible this time around?
sr. member
Activity: 2016
Merit: 283
July 01, 2021, 01:08:49 AM
#57
I'm just eyeballing here but I think around 11k is probably the lowest that that bitcoin go this year if it stabilizes for about 3 more months and then it goes down, 11k is probably the lowest and then the prices will bounce back a little and then stabilize again.
do you really think about it? Seems too much in my opinion mate. And 11k is like another massive decline in the market if bitcoin fall down to that price. Just imagine from 30k above to that price which is 11k what a big difference. For me as long bitcoin still showing strong support it will never go dip wherein it will keep holding until market become fine.
hero member
Activity: 2170
Merit: 530
June 30, 2021, 11:46:30 PM
#56

Really sad to see that we would be heading go below back in 30k price point and all of those rumors about going even below 20k is something really that possible to happen on where majority is been telling that it is way too far to consider on going to that point.

Whenever there are negative sentiments that do circles around then it isnt actually surprising that the market could really react on that way which would really result into situations like these.

When it comes to reactions and personal insights then it isnt something new that people do freak out and keep saying that this would be the end.
I would rather be readying up my stash or cash for buying back or for some cheaper coins.Chances like this doesnt really come often.

I think $20K or lower is possible though it is sad to see bitcoin will go down to this low price but it is really possible. I mean any value is possible for bitcoin but for now a $30k -$35k market price resistance of bitcoin obviously struggling and as I remember bitcoin price hit already below $30k last time. Also there are some speculations that the probable huge market price drop of bitcoin will surely coming as we are approaching on the bearish months.
sr. member
Activity: 1624
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June 30, 2021, 11:36:23 PM
#55
I'm just eyeballing here but I think around 11k is probably the lowest that that bitcoin go this year if it stabilizes for about 3 more months and then it goes down, 11k is probably the lowest and then the prices will bounce back a little and then stabilize again.
sr. member
Activity: 1176
Merit: 252
June 30, 2021, 10:54:54 PM
#54
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

Holding will be the medicine for all the time. The price of bitcoin won't reach the below market like 20k dollars. Do you think, the price will reduced half the time. Their won't be that much in bitcoin price. When the price tough the value of 30k, the buyers will push it and increase the price again above 35k dollars.
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