Topic: How much lower you think BTC can go in this drop ? - page 4. (Read 811 times)
Bitcoin price is dropping the price almost 1 week and we are waiting again for the next pump happen so it's a perfect opportunity for the investors to have cheaper bitcoin to get more profit. A lot of people are waiting for he bitcoin to drop very low but I think it's not happen this year but probably next few years maybe we see the price dump very high but this year I think price will maintain 40k dollars.
I hope the lowest price of Bitcoin in this current correction will be $43K-$45K. Then, after dropped till these prices, the Bitcoin price will continue to increase again. I really expect that the next increase will achieve $60K and will survive around $58K-$60K. If it can happen, the altcoin season will possibly come soon in the next few months.
Expect that, bitcoin is on a roller coaster ride specially at the end of the month.
And then when a new month comes in, the price will slowly recover in the first week, and then 2nd and 3rd week we will see another all time high around $60k-$70k. Altcoin season has started already, although it still has to be tied on bitcoin's price. When bitcoin is up, altcoin will only increase because of the domino effect.
We can hope that the price will be increased in the next month and start the rally and break $50k and even it will break $60k-$70k.
But before that, maybe bitcoin gives us more time to buy back more bitcoin because if the price is starting to increase, we will be too late to buy bitcoin.
So we need to use this time to buy bitcoin.
Maybe in this drop of bitcoin price, we can hope that some altcoin can increase so that can help us to get more profit in bitcoin that we can sell when the price increase.
I hope the lowest price of Bitcoin in this current correction will be $43K-$45K. Then, after dropped till these prices, the Bitcoin price will continue to increase again. I really expect that the next increase will achieve $60K and will survive around $58K-$60K. If it can happen, the altcoin season will possibly come soon in the next few months.
Expect that, bitcoin is on a roller coaster ride specially at the end of the month.
And then when a new month comes in, the price will slowly recover in the first week, and then 2nd and 3rd week we will see another all time high around $60k-$70k. Altcoin season has started already, although it still has to be tied on bitcoin's price. When bitcoin is up, altcoin will only increase because of the domino effect.
I hope the lowest price of Bitcoin in this current correction will be $43K-$45K. Then, after dropped till these prices, the Bitcoin price will continue to increase again. I really expect that the next increase will achieve $60K and will survive around $58K-$60K. If it can happen, the altcoin season will possibly come soon in the next few months.
I think that the price of bitcoin will definitely not fall below 40, because now there are a huge number of institutional billionaires on the market,
Lowest that I've seen so far was $44k and I hope that it won't fall as low as $40k or lower than that.many of them were purchased at around 30, 35, 40 thousand $, so they will keep bitcoins to the last.
We still don't know how they play if they just got in to bitcoin. They could drop the price and dump what they've got. Since, they're new, they can determine their company's stand on bitcoin on the short term level but, as said, we don't know if they're also longing.I am hoping that it will not fall below 40k as it seems the support is strong in the 40k level and above.
However, in this market, we don't exactly know what will happen next.
It can go down fast but recover fast as well. Either way, you should be prepared if you are into this market.
There are big players, that's right. But we don't know their true motive of why they are into crypto.
They can sell their share if they are seeing good profit and we can't stop such event from happening.
I think that the price of bitcoin will definitely not fall below 40, because now there are a huge number of institutional billionaires on the market,
Lowest that I've seen so far was $44k and I hope that it won't fall as low as $40k or lower than that.many of them were purchased at around 30, 35, 40 thousand $, so they will keep bitcoins to the last.
We still don't know how they play if they just got in to bitcoin. They could drop the price and dump what they've got. Since, they're new, they can determine their company's stand on bitcoin on the short term level but, as said, we don't know if they're also longing. 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 consider $40k up is just a correction, not literally we call it a start of the bearish season. But if the trend to dump below that line, that we are finally seeing back the bear season. However, I don't think that it drops below $20k ( I hope I was not wrong). Anyway, much better to be prepared for everything and much better as well to have the reserve money to buy more once the market badly dips once again. I know many investors are waiting for that moment to come particularly those early sellers.
My expectations are somehow approved by a majority of market participants and the price didn't go below $40k on the last correction line. The new chart formations will dictate the new leg of correction but the higher the correction length the more the boost will be for bullish traders. Let's see what new weekly candle will show us on the chart.
I think that the price of bitcoin will definitely not fall below 40, because now there are a huge number of institutional billionaires on the market, many of them were purchased at around 30, 35, 40 thousand $, so they will keep bitcoins to the last.
Hard to tell if the BTC bulls will give up after the price crossing the new higher high price points but something unexpected can happen anytime. The new correction can take the price down to $35000 but it is not possible to go back to the $15000 level. If the BTC price goes back to the $35k I will do a new investment decision with BTC. 
I think that the price of bitcoin will definitely not fall below 40, because now there are a huge number of institutional billionaires on the market, many of them were purchased at around 30, 35, 40 thousand $, so they will keep bitcoins to the last.
Looking at the chart i feel we are still more bearish than bullish but for now we can just do normal channel trading and take little profits for day time traders while holders can keep am eye on the movement, if we fall below 44k, we will see 37k region.
Sub-$40k would be ideal for me, although that is pretty much drawing in the sand right now. Volumes in exchanges have drastically changed in the past few days, and the overall sentiment towards the market is quite negative given how easy it was to slip from $50+k back to $46k. Confidence on bitcoin remains high, although the weak hands are pretty much discontent on the performance of bitcoin lately, leaving them no choice but to sell in the mean time.
Has a big dump on Bitcoin price and i have no idea that when its price will again 58k+ but i think bitcoin price will not less than 42k. Now its time for waiting.
The current market is little bleeding so few big investors are move on some other projects and it will reflected in crypto market. Already every investors are believe the Bitcoin because of elon musk involved in crypto platform. My suggestion is don't panic sell and keep holding the Bitcoin is a perfect way to survive in current drop. The recent price drop is fluctuating so anytime it will going to peak. 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
In my expectation bitcoin price will be around $45-44k dollars does that means it will continue below on the price said but it was an advantage for those who wants to invest money into bitcoin and disadvantage to those who hasn't sell their coin but no one can guess right what bitcoin price will be we're just going and go on the flow and just the bull run stopped it really hard to predict the market at the moment his it was bullish base on the graph and it be a market correction but mostly it was always depends on the supply and demand. But don't always look for negative side of bitcoin because bitcoin brought so much changes in our life and being down doesn't mean that we're going onto that level too be optimistic always be positive and always take care of our profits.
Has a big dump on Bitcoin price and i have no idea that when its price will again 58k+ but i think bitcoin price will not less than 42k. Now its time for waiting.
Although bitcoin has dropped a lot at the moment it is difficult to say how much it will go down. No one can determine the exact price of nitcoin but it's not going to come down too much $ 50,000, even if crossed $ 40,000, very unlikely to go down many traders are selling bitcoin to reduce its price i don't think there is anything to be disappointed about the price of bitcoin will increase further prices have fallen due to the impact of whales and reduced transactions. But many traders are holding back that demand will increase.
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
The price might even go below that particular price sometime, maybe it’s not going to be now. For now it’s just going to be going around that particular price of $40k and the $50k. And I believe that’s because the market is still being bullish, that’s why it’s in that position for long now. But anytime the market goes below the 50,000 dollars price I usually doubt if it will go up again to that price and all of a sudden it does.So, I can’t really predict this market, the good thing is just that I invested very early, so I don’t have much to worry about, and I also don’t have any plans to invest at this high prices anymore until it goes down.
I think that bitcoin can fall in this fall thanks to the whales to $ 40,000, it almost fell to that level, but it was raised to $ 50,000, all the same whales that will cut even more margins in the future for hamsters. Therefore, it is necessary to enter transactions very carefully, now you can lose more than earn.
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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
Well if you're waiting to buy the dip then wait patiently because at some point the price would definitely go below that price range either as a result of fud and rumor or just a healthy market correction. While you also wait though, do understand that the whole market is bullish long term so you can buy in now instead of missing out on buying this low. Few months from now bitcoin would be trading above it's current price.
This aren't financial advice but just my honest opinion so you should do your research properly before investing. Don't just invest because you love an advice given to you on the forum instead use the advice as guidelines to make your decision.
You can buy bitcoin in batches so if a scenario that the price goes down more you buy with the spare funds available.
It wont go down below 45000 USD. So dont sell it now. If you have your coin with you hold it. If you have money try to get some and just leave it in your wallet and forget it . After next halving thats approximately 1178 days you will soon be a millionare or more than it.
The strong support at $45K should be able to reject the price in fact the price is already showing exhaustion presently in that zone, I believed the forces of supply and demand determines how far the price will get corrected thus its quite difficult to accurately predict the exact price where the price will pull back to although the price had been experiencing mnor correction so far this year thus the best bet is to keep hodling it for a long term perspective.The next best support is the $42k I'm hoping it won't drop that low. That $45k is where it previously show support, so I think it may not really dip below it but keep moving within $42-$45k until it will bounce to break $50k again hopefully. Exciting times actually because things are very much unpredictable. There are so much good news coming yet we're almost getting closer to seeing the bearish market about to happen.
So far, the price can hold until $45k-$46k, but in the next down, we don't know if bitcoin can keep the price not going down again or it will go down to $42k. If that happens, the price can go lower than $42k, and it could touch below $40k. Hopefully, the price will not go down to that price and will be up again and pass $50k-$55k, so we can back to make a big profit. But this situation can give us the chance to make a profit continuously as the price can go up and down like a rollercoaster, so we can try to buy low and sell high. But we still need to be careful with the next thing that can happen to bitcoin.
It wont go down below 45000 USD. So dont sell it now. If you have your coin with you hold it. If you have money try to get some and just leave it in your wallet and forget it . After next halving thats approximately 1178 days you will soon be a millionare or more than it.
The strong support at $45K should be able to reject the price in fact the price is already showing exhaustion presently in that zone, I believed the forces of supply and demand determines how far the price will get corrected thus its quite difficult to accurately predict the exact price where the price will pull back to although the price had been experiencing mnor correction so far this year thus the best bet is to keep hodling it for a long term perspective.The next best support is the $42k I'm hoping it won't drop that low. That $45k is where it previously show support, so I think it may not really dip below it but keep moving within $42-$45k until it will bounce to break $50k again hopefully. Exciting times actually because things are very much unpredictable. There are so much good news coming yet we're almost getting closer to seeing the bearish market about to happen.
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