Topic: How much lower you think BTC can go in this drop ? (Read 765 times)
More likely bitcoin is stable now around 55k price level and hovering around in the specific price range. Though it requires a bigger push to break the currently price resistance and move again upwards to 60k mark which may be little difficult at now, but a big news certain can surpass it and will lead to a bigger growth ahead.
I keep seeing this as a higher low period after that big crash, which means we're really still going up in this rally in terms of higher steps. The only problem for me is if this was all thanks to musk and then following on after that the new stimulus cash from Biden. I'd like to see a rally that goes on regardless of all the good news for me to feel MORE confident (not that I'm not at all confident now:) ).
44K level is a very good supply level. If BTC breaks 44K level then it will retest 42K level. If it also breaks then we have support around 38K level. If it breaks we can expect BTC in 30K level and consolidating for a long time period within 30 - 40K
More likely bitcoin is stable now around 55k price level and hovering around in the specific price range. Though it requires a bigger push to break the currently price resistance and move again upwards to 60k mark which may be little difficult at now, but a big news certain can surpass it and will lead to a bigger growth ahead.
Price already drop to 42k so I am hoping you did purchase Huge amount from that Fall?
after breaking that low bitcoin made another ATH in which 62,000$ and now starts to fall again in which I believe waiting for another Fall once more before taking the 75,000 value.
Now my question is how far Bitcoin can Go? 100k or up to 125k.
After doing ATH, usually bitcoin will have a reasonable correction at this time, where the goal is to increase to make ATH renewable again. since last year the trend has been read and maybe someone wants a short-term investment which is certainly very profitable.after breaking that low bitcoin made another ATH in which 62,000$ and now starts to fall again in which I believe waiting for another Fall once more before taking the 75,000 value.
Now my question is how far Bitcoin can Go? 100k or up to 125k.
This trend is expected to continue until the end of this year, up and down graphs continue to occur, so if this continues to be consistent, then at the end of the year bitcoin will be able to reach quite fantastic ATH, because entering third month alone (March), already ATH $ 61,711.87 - Mar 13, 2021, then the year-end ATH is clearly very high.
Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you
Price already drop to 42k so I am hoping you did purchase Huge amount from that Fall?after breaking that low bitcoin made another ATH in which 62,000$ and now starts to fall again in which I believe waiting for another Fall once more before taking the 75,000 value.
Now my question is how far Bitcoin can Go? 100k or up to 125k.
The present situation might see BTC retrace to 51k, if this does happen, the next target will be 70k and then 122k, and all might happen within 2 months from now.
We are talking about the price drop after a huge correction like happen in 2017. Because we want to buy at very low price. We don't talk about price drop a few months later.Based on ATH and ATL in 2017-2019 the price drop from 1/5-1/6 from ATH, so let's wait ATH first
The present situation might see BTC retrace to 51k, if this does happen, the next target will be 70k and then 122k, and all might happen within 2 months from now.
For the current market, Bitcoin is now at $55790. From this position if Bitcoin go lower then I am expecting it around $50k though it can be changed slightly.
$50k is safe to say that can be the bottom by this time. But I think we're starting to see it now recover and if it manages to go back to $60k, that will give everyone an expectation that it will go to $70k the soonest.Current market is influenced by the institutional investors. If they again invest on BITCOIN with a large amount then the price can get higher and maybe the new record will be seen.
That's for sure and will also encourage others to buy. 
For the current market, Bitcoin is now at $55790. From this position if Bitcoin go lower then I am expecting it around $50k though it can be changed slightly. Current market is influenced by the institutional investors. If they again invest on BITCOIN with a large amount then the price can get higher and maybe the new record will be seen.
Institutional investors who brought huge amount of investment, any action from them can create impacts to entire market, Their experienced with traditional industry will keep the price.
We don't know what's their take but most of the time, this types of investors are after with huge profits, they will try to maximize.
Before they'll sell out, if they'll put more then expect that the price will rise again and might hit another high.
For the current market, Bitcoin is now at $55790. From this position if Bitcoin go lower then I am expecting it around $50k though it can be changed slightly. Current market is influenced by the institutional investors. If they again invest on BITCOIN with a large amount then the price can get higher and maybe the new record will be seen.
it looks like bitcoin this month's lowest value is at $ 43K, so if there was a drastic decline it wouldn't go past that number. but there is no need for excessive worry that the possibility to continue to increase will always occur in bitcoin, if you see when it goes down then he tries to get back up again, because this is how bitcoin is going to increase sharply then he will correct it first.
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since when the big investors start coming in ? i think it was still early but if that crosses around 3 to 6 months , they may sold thier coins but not in a way of manipulating it . they are not manipulators but big companies are formal investors , it was the whales are manipulating this the market . now you know @op , i hope you can get an idea to what i said and you should act now if your plan is to buy because the price wont drop further until some times but the probability that it will increase is there.
I agree on that there will be a great posibility that bitcoin will not fall continuously i think it will continue to rise up to 100k$ at the last quarter of the year, because bitcoin is now becoming more useful and many investors trust it so even of it will fall it will surely rise up high again.During that period I believe it is going to be at a level where the price will be somewhere between 60k to 80k and that seems reasonable, it would be somewhere 20-40% increase and that is realistic for a whole year in bitcoin world, not like it is shocking. I believe it is going to be something that is realistic and not like the previous 5 months or so, this past 5 months was great but that kind of increase is not sustainable at all.
either $41k or $63k, we shall see ....
If you look at the movement of Bitcoin in the last few weeks, it looks like Bitcoin support price at $ 47k is very strong. So I don't think Bitcoin price
will fall below $ 47k, it is evident that Bitcoin price is slowly now starting to go up to $ 49k. In the near future the price of $ 50k can be reached,
if it fails to rise above the price of $ 50k. Bitcoin price will drop again to a price of $ 47k, I hope the Bitcoin price makes it past the $ 50k mark.
So it can come right back to the price of $ 58k.
will fall below $ 47k, it is evident that Bitcoin price is slowly now starting to go up to $ 49k. In the near future the price of $ 50k can be reached,
if it fails to rise above the price of $ 50k. Bitcoin price will drop again to a price of $ 47k, I hope the Bitcoin price makes it past the $ 50k mark.
So it can come right back to the price of $ 58k.
44K level is a very good supply level. If BTC breaks 44K level then it will retest 42K level. If it also breaks then we have support around 38K level. If it breaks we can expect BTC in 30K level and consolidating for a long time period within 30 - 40K
Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you
I do not wonder why many people preparing for the possible dumps. If the market turns to the bearish season, maybe we can see its price drop below $30k but somehow, not a guarantee that it goes like that while seeing the strong support level. The continuous increase of Bitcoin demand stopping the possible dump that we are expecting to see after reaching the new ATH.
We drop at $47k, but it gets back so fast to $49k. We can't see any sustaining drops until now, it is pretty to tell the time when this bullish season will end.
$46000. If btc manages to break below it, I see everything in red and if it closes today above this $46k level (which it will do for sure but as it is crypto, I cannot say anything), then I will not be surprised if btc goes over $55k tomorrow only. MA60 had been retested various times but whenever btc touched it, it retraced back up. So, it is also a major indicator for me to watch for now.
Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you
I don't see Bitcoin under $40k anytime soon without any major bad news.
Every second mainstream media now is talking about Bitcoin and crypto, so every day more people are buying and joining the community.
Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you
not sure will drop so much, Buy now because later will cost more
Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you
Why do you hope for the price to go down? Did you sell unnecessarily?
Now's a great time to buy.
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