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Topic: How low will Bitcoin go? - page 9. (Read 1525 times)

jr. member
Activity: 83
Merit: 3
June 26, 2021, 12:49:40 AM
#13
I think Bitcoin should not fall to around US$20,000 in the next few months, because China’s various measures and bans have almost been implemented, and the impact on Bitcoin has basically ended. There will be various positive news for the next two. , The price is already the lowest, and Bitcoin should rebound in the next period of time, because we have also seen that some countries are declaring Bitcoin as the national legal currency, which will further promote the rise of Bitcoin. If you want to buy Bitcoin, this will be the best opportunity, and the price will not drop as low as it is now.
legendary
Activity: 2506
Merit: 1394
June 26, 2021, 12:30:05 AM
#12
For me, if we will not close below $30,000 this month, I am positive that we will see Bitcoin will go sideways for next month, July.
So, it's kinda very risky for Bitcoin now, even we all know there is huge support around $28,000 - $30,000. But then again, if ever we will still go down around those areas, I will be buying more.
The drop from all-time-high up to around below $30,000 is already a massive drop, so for me, I am not expecting any more drop below $25,000 - $20,000.
hero member
Activity: 1722
Merit: 801
June 26, 2021, 12:22:09 AM
#11
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?
50% or more discount percent is good to accumulate cheap bitcoin. It is funny when people wanted to have cheaper price to buy bitcoin when the price topped above $60k and now when they have discount, they are not brave enough to accumulate. It is a common psychology of most of people in the market.

I think sub $20k is possible and the bottom can be about $19k. However, bitcoin can reverse any time with price from $24k and sub $20k might never be touched.

Buy it around $24k or $19k and hodl, please don't sell it below $50k.
hero member
Activity: 3038
Merit: 617
June 25, 2021, 11:30:39 PM
#10
I think BTC will stay near 30-35k for this summer or maybe longer. I bought some recently and hodling it in ownr. Not going to sell it untill it at least hits 100k.

It's already going $20K or could get worse than that. The one thing that the market wants you to think is that it's possible to go back up again at a short period of time but in reality, a long winter market awaits as history repeats itself again. 2018 long bear market is coming back again.  If you still have the chance I think taking your money out will be beneficial for you still.
sr. member
Activity: 1204
Merit: 272
1xbit.com
June 25, 2021, 11:23:02 PM
#9
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.

Sorry to say, but I don’t agree with you.
10k USD is too low for BTC standards.
Now as the BTC is falling it will fall at last to 27k USD, and i am sure not less than that.
Moreover as soon as the price falls down, many people will start buying the coin at low price and that’s it.
It will now help again to boost the price of BTC.
So a bright future awaits for BTC holders.
full member
Activity: 902
Merit: 101
June 25, 2021, 11:18:40 PM
#8
I think BTC will stay near 30-35k for this summer or maybe longer. I bought some recently and hodling it in ownr. Not going to sell it untill it at least hits 100k.
full member
Activity: 1092
Merit: 227
June 25, 2021, 11:13:24 PM
#7
Though if someone has bought it at $60k mark, it still does not matter. The reason one, whenever BTC reaches certain amount of ATH, then it always drops, creates the resistance, then there is may or may not be a bad/good news on the way which hampers it more.
However, there is one thing is for sure, BTC has always not matter what re-bounced to that ATH and without fail it has crossed its previous ATH too.

I don't think we should be much worried about it. Also, the halving cycle will come by 2023, which will reduced the reward, increase the demand and we will have lesser supply as people go on buying.

This always turn it out to be beneficial for bitcoins price movement.

Lets hold tight buddies.
legendary
Activity: 2128
Merit: 1775
June 25, 2021, 10:51:31 PM
#6
Honestly I don't want to predict / fantasize anymore about the decline in the price of Bitcoin for now, today it is trading at $32,000, this is a very far drop from the previous price.

I believe for myself, Bitcoin will go down even more. My heart says $20k and possibly even lower, for now I don't have Bitcoin in my wallet, everything I have melted down into several parts including fiat, I will see further developments on this decline, I will take three parts in the future.

1. $20k and
2. 15k
3. 10k

And I will try to buy.
copper member
Activity: 177
Merit: 2
June 25, 2021, 09:46:32 PM
#5
$28.5K will be the low... only highs from here
full member
Activity: 1554
Merit: 123
Buzz App - Spin wheel, farm rewards
June 25, 2021, 09:45:46 PM
#4
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.
actually no one knows how much the price of bitcoin will go down you mention $ 10 k it's just your assumption but for sure the price of bitcoin is very difficult to guess, and I want to ask how do you mean the price of bitcoin will always go up as long as the internet exists? please explain more clearly.
member
Activity: 266
Merit: 20
June 25, 2021, 09:37:18 PM
#3
go to $10k

Agreed, $10K is the final destination.   Cool

Sold all BTC 2 weeks ago.

Expect a long crypto winter.

FYI:
Bitcoin Weekly Dead Cat Bounce ending
Bitcoin Price
Soon to be below $30K
A few more dead cat bounces
Next to be below $20K
A few more dead cat bounces
Final Destination $10K

Happy Trading  Smiley


Buying Opportunity at $10k, anything before that is you just giving money away.  Wink
legendary
Activity: 2026
Merit: 1034
Fill Your Barrel with Bitcoins!
June 25, 2021, 09:10:56 PM
#2
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.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
June 25, 2021, 07:07:22 PM
#1
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
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