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Topic: i think we will see bitcoin 44k sooner (Read 739 times)

member
Activity: 868
Merit: 63
May 17, 2021, 02:52:10 AM
#92
Well, as predicted, the current price is even under $ 44k. what I hoped didn't happen. however, I expect a bounce back from this decline. however, I think the price will have a harder time holding up, or going up if the price drops below $ 40k. well, even at this time, I think enough people are panicking.
Let them panic the prices are going to bounce back no matter what happens next, they don't deserve to get profits anyway so let them panic. Bitcoin investment is a waiting game after all, if you aren't a patient person then you aren't worth having big profits under your belt. To everyone who hasn't bought yet, this red days is going to be an opportunity for you to buy now.
hero member
Activity: 2366
Merit: 594
This is a big chance for those who haven't bought bitcoin yet. With this current price, I'm sure big institutions are also loading their bags of it. If you bought at a higher price, don't panic and just have strong hands to hodl your bitcoin. Correction is normal for crypto and this is not even a big dump compared to what happened way back 2018. Market can't go down forever and vice versa. To avoid anxiety, don't look at your portfolio for few days and avoid watching video or reading an article that is related to crypto. It is likely possible that you will panic sold your holdings if your emotions can't keep up.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
Well, as predicted, the current price is even under $ 44k. what I hoped didn't happen. however, I expect a bounce back from this decline. however, I think the price will have a harder time holding up, or going up if the price drops below $ 40k. well, even at this time, I think enough people are panicking.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
As many people continue to watch the market continue moving downwards, is this a sign a bear market is coming, or is it really a big correction and won't go past $40k? this is very difficult after a lot of FUD that can affect the price bigger at the moment, I think this is a very big drop that happened.
But we have to remain calm, no matter what situation like this, it must be in a state of calm if you are still holding high prices, then hold it for sure now, it will definitely recover and don't cut losses when the price is plunging, you will regret it later.
full member
Activity: 552
Merit: 107
this is not a fud and its not intended to scare anyone or make you dump if you cant hold especially the newbies and paper hands. just to get you prepared ahead of it. lets hope we dont go lower than that else we might take much longer in this dip.
well, currently bitcoin price is close to that. the potential is still very large. Until now, the price of bitcoin continues to correct because of the announcement from Elon Musk. although it was possible, I didn't expect it, and the bitcoin price is back above $ 55k.
What happens in a bitcoin situation is normal and can happen any time before it happens or happens frequently, so it would be an experience if it happened in the same situation.
It is likely that many users are selling ownership because of the panic over the news that compelled them to do so, and not because they have been in the industry for a long time and have experience that what is happening is inherent.
I think the price of bitcoin will rise again in the near future gradually and patience is the key to dealing with it.
Everything is going down, the explanation of BTC's Drop, the worldwide market cap from $2.58 trillion down to $2.17 perhaps big investor or old investor pulled out their cash or they'd take benefit. BTC is plunging, it's beneficial to make the market solid. I do trust Bitcoin will ultimately go up.
sr. member
Activity: 2366
Merit: 448
Enjoy 500% bonus + 70 FS
this is not a fud and its not intended to scare anyone or make you dump if you cant hold especially the newbies and paper hands. just to get you prepared ahead of it. lets hope we dont go lower than that else we might take much longer in this dip.
well, currently bitcoin price is close to that. the potential is still very large. Until now, the price of bitcoin continues to correct because of the announcement from Elon Musk. although it was possible, I didn't expect it, and the bitcoin price is back above $ 55k.
What happens in a bitcoin situation is normal and can happen any time before it happens or happens frequently, so it would be an experience if it happened in the same situation.
It is likely that many users are selling ownership because of the panic over the news that compelled them to do so, and not because they have been in the industry for a long time and have experience that what is happening is inherent.
I think the price of bitcoin will rise again in the near future gradually and patience is the key to dealing with it.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
this is not a fud and its not intended to scare anyone or make you dump if you cant hold especially the newbies and paper hands. just to get you prepared ahead of it. lets hope we dont go lower than that else we might take much longer in this dip.
well, currently bitcoin price is close to that. the potential is still very large. Until now, the price of bitcoin continues to correct because of the announcement from Elon Musk. although it was possible, I didn't expect it, and the bitcoin price is back above $ 55k.
sr. member
Activity: 1386
Merit: 250
1XBit.com
The price of Bitcoin is hovering around 47000 - 48000$ price. If there is no strong support then it'll be harder to hold the continuous drop. We might even see me 30k support as we are seeing too many fuds in the market.
But the trader sentiment is different this time, fear is less as there are more investors who might buy if the price goes below.

This time around the market price movement looks pretty steady around $ 48k.  Traders certainly believe in being able to hold their Bitcoin, from there we see that supply and demand is quite stable in that price range, most people believe Bitcoin will continue to grow even though there is always a correction, they prefer to hold it, until the profit target can be achieved
currently bitcoin is very much affected by a lot of negative news circulating, including the one just tweeted by elon musk about cancellation of bitcoin as a Tesla payment, but in my opinion right now the price of bitcoin is in its lowest position and it is very difficult  down to the $40k price, so This is a good opportunity for those of us who want to collect bitcoins at a low price and I am personally very confident that in the near future the market will improve again and it is likely that the price of bitcoin will be able to re-penetrate $54K.
For bitcoin holders, of course, hold is a good way rather than panic to sell bitcoin now in a condition that is still cheap.
legendary
Activity: 3052
Merit: 1273
The price of Bitcoin is hovering around 47000 - 48000$ price. If there is no strong support then it'll be harder to hold the continuous drop. We might even see me 30k support as we are seeing too many fuds in the market.
But the trader sentiment is different this time, fear is less as there are more investors who might buy if the price goes below.

Trust me, buyers want even more cheaper BTC as they did when the price was $10k or even $3k. The fact is, the lowest they buy, the least fear they'll have of losing more on their investment. If they buy at $47k which is currently an extremely major support for BTC and it falls back below $36k or even $30k as you said (or under my expected area of $20k which looks quite impossible but can still be touched), then those investors will need to hodl much longer than they expected to. There are many types of investors, but I've seen mostly of two types, who hodl for very long no matter what's the price, the other ones are those who sell it under panic at the mid area (let's say, at $40k if it drops near $30k from current price) so to save themselves from losing too much. It's not necessary the markets will react according to what we think, but mostly patterns do give an answer to our questions about price action.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
I think we are seeing the size of Musk's influence on the market right now. I don't expect bitcoin will fall too deep, because the currency has grown to the level we see nowadays without his help, so it will survive and continue thriving without him anyway. The currently correction is a normal effect of Musk's fans cashing out their bitcoin investments and consequently influencing some other investors to do the same (the domino effect), especially the big speculators. I still fully believe in bitcoin and I'm sure if there is so much misinformation about btc, like the one Elon Musk throw on his public, it's because there are many people avid to buy bitcoins for a cheaper price.
legendary
Activity: 2534
Merit: 1338
Already heard that speculations last month, and we're close to that but never happened actually. However, there's still chances that were going to see it once price of btc will saturate again just like the past months. It's not that easy to see bitcoin soars greatly, because it also pulled back down by other coins, particularly with eth and other following coins that kept on rising and performing very well.
Right now we need to be smart enough to handle our decision, because if we're to green for money only one mistake will tend your lose more digit of coins.
The higher the price goes the more difficult it is for it to keep going up but while in the rest of the altcoin market what we see is a bunch of coins that are going up because of nothing but hype in the case of bitcoin adoption is actually growing, however to me it is too obvious that what we are seeing right now is an attempt of manipulation by the big players so they can get more bitcoin in the future, this is why we are seeing these abrupt movements which are shaking the weak hands out of the market.
hero member
Activity: 1078
Merit: 504
The price of Bitcoin is hovering around 47000 - 48000$ price. If there is no strong support then it'll be harder to hold the continuous drop. We might even see me 30k support as we are seeing too many fuds in the market.
But the trader sentiment is different this time, fear is less as there are more investors who might buy if the price goes below.
STT
legendary
Activity: 4102
Merit: 1454
Its not especially FUD as pulling back and revising prices is normal and necessary to improve the quality and strength for future moves upwards.   Always happens and its healthy, if we only moved upwards then crypto would rightly be doubted more as prone to failure.   Consider it like folding steel, takes a much longer time but the final result requires this process.

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The problem will be if that area doesn't hold.

Lower 40k is 200 day average which everyone from a Wallstreet trader to your Grandma watches, its highly significant and right now its bullish as we continue to rise.   All kinds of measure and perspectives on price action are possible but when the crowd has consensus it has a power that supersedes short term doubts and selling, momentum remains upwards longer term.
full member
Activity: 552
Merit: 107
this is not a fud and its not intended to scare anyone or make you dump if you cant hold especially the newbies and paper hands. just to get you prepared ahead of it. lets hope we dont go lower than that else we might take much longer in this dip.
we are in the world of cryptocurrency Mate! Anything could happen, PUMP? DUMP?
yes everything can happen in one click, it sounds scary, but that's the reality, don't be tempted by a high pump, because that is a signal to sell.
if it does dump to $ 44k, that's fine, why? because the correction in the big TF must occur

well today the price has dropped a lot and it’s at $48,000, but even with this news that Tesla has stopped accepting bitcoin as a means of payment because of concerns about the environment (I know Is a big joke because they already knew everything before buying bitcoin) and caused the price to drop to $48,000, but from what I see I got it right when I say that the price of bitcoin did not fall below $40,000, and it is impossible for that to happen, the support that is in the $42,000 is unbreakable.
I just wish the $42,000 support never penetrate, more than $50,000 something like solid. First Tesla accept Bitcoin, however now the organization doesn't accept Bitcoin for environmental reasons. Everything like pre-planned, anyway this declarations make the best purchasing states of the year for each and every human to take advantage. Buy back Bitcoin at the lower price and repeat the process. Stay positive!
member
Activity: 588
Merit: 12
https://i.imgur.com/3fXQC4m.png
this is not a fud and its not intended to scare anyone or make you dump if you cant hold especially the newbies and paper hands. just to get you prepared ahead of it. lets hope we dont go lower than that else we might take much longer in this dip.
Bitcoin's price drop at $ 44k, which is quite common in the trading business. As an investor you should be prepared to prepare cash for investors at a pretty good price. yes for investors who have already bought at the price of $ 60k not to worry about losses or not to panic big sells. because the decline is only a cycle, in the near future it will return to normal.
legendary
Activity: 3052
Merit: 1273
20k is a bearish prediction for the end of the bear market if it comes to it.

Price usually touches somewhere around the last ATH, so for us to go to 20 thousand we'd need many months of bear and before that we'd need a 50% drop followed by a dead cat bounce so something like your 36000 followed by a recovery back to 50 and a deeper drop to 30? If you see something like that we won't go to 100 thousand before 2023 Wink

And I do believe you won't see a $100k BTC so soon because it's not about you and me, it's about those who are actually manipulating the markets.

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I didn't know there were so many negative investors lurking around.
Also, meme tokens are worthless shit popular only because it's a next trendy thing.

It's so funny when we lose like 20% from ATH and people start talking about rock bottom. You should know better after so many cycles.

Lol, things have never been the same after all, man. Everything in crypto has changed like hell, one day you see BTC touching an ATH, the other day it drops down 20%?
Remember those old days? You better be. I'm not a negative person (nor bearish at all) but I'm just saying what I'm witnessing. Do you believe the manipulators of the markets will let BTC get over $100k so soon? Think at least a hundred more times because Elon Musk is one such personality, who, when starts talking shit about BTC, BTC becomes shit and the value of that shit drops down so quickly as if he flushed it. He's got enough manipulative powers so to play games in crypto. Do you think he didn't take advantage of his powers and didn't short BTC from the very top so to surprise everyone after saying that they are not going to accept BTC payments anymore? Meme tokens were just an example of how to create fear in a community (and I gave that example just because it's a perfect example for all those community-driven coin holders so to make them understand that they must not invest in those shitcoins which can be worth 0 one day soon).

And you thought I was talking about rock bottom after losing 20% from ATH?
Let the weekends speak, mate. Wink

I eagerly want that guy to get scrutinized by SEC soon and get lodged a lawsuit against him too.
full member
Activity: 2170
Merit: 182
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this is not a fud and its not intended to scare anyone or make you dump if you cant hold especially the newbies and paper hands. just to get you prepared ahead of it. lets hope we dont go lower than that else we might take much longer in this dip.
Actually this is a Good news for me, because at last after months of waiting here we go i can buy more with a discounted price  Grin

44k is the best value i can have for my re entering because i have been trapped after selling my coins early this year.
hero member
Activity: 2184
Merit: 531
My target 1 is of $42k and target 2 is at $36k, after which if the fall continues like a freefall, then it may reach $20k as predicted by one of my friends

20k is a bearish prediction for the end of the bear market if it comes to it.

Price usually touches somewhere around the last ATH, so for us to go to 20 thousand we'd need many months of bear and before that we'd need a 50% drop followed by a dead cat bounce so something like your 36000 followed by a recovery back to 50 and a deeper drop to 30? If you see something like that we won't go to 100 thousand before 2023 Wink

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and that's just because the liquidity being eaten up by the selling pressure that caught fire through a spark by Elon Musk and Tesla.
And not just that, even ETH saw a huge dip not just following BTC alone but for the fact that Vitalik dumped all of his SHIB tokens (50% of total SHIB tokens supply was gifted to Vitalik) which made the price fell down to under half of its high. So I believe that the traders are in huge fear that if he'd do that with all the meme coins (I believe he was also involved in AKITA and PIG), then what if he comes up with all his ETH and starts dumping on the markets? What will be its impact? I know he's not stupid to do that, but that what everyone may be thinking right now.

I didn't know there were so many negative investors lurking around.
Also, meme tokens are worthless shit popular only because it's a next trendy thing.

It's so funny when we lose like 20% from ATH and people start talking about rock bottom. You should know better after so many cycles.
member
Activity: 1162
Merit: 58
this is not a fud and its not intended to scare anyone or make you dump if you cant hold especially the newbies and paper hands. just to get you prepared ahead of it. lets hope we dont go lower than that else we might take much longer in this dip.
you are almost correct because yesterday bitcoin almost fell for that price.

in 24 hours duration bitcoin drops to almost 44,000$
24h Low / 24h High   
$46,980.02 /$54,754.18

I think that is the bottomline before Hitting ATH one more time this quarter.
legendary
Activity: 3052
Merit: 1273
My target 1 is of $42k and target 2 is at $36k, after which if the fall continues like a freefall, then it may reach $20k as predicted by one of my friends and that's just because the liquidity being eaten up by the selling pressure that caught fire through a spark by Elon Musk and Tesla. And not just that, even ETH saw a huge dip not just following BTC alone but for the fact that Vitalik dumped all of his SHIB tokens (50% of total SHIB tokens supply was gifted to Vitalik) which made the price fell down to under half of its high. So I believe that the traders are in huge fear that if he'd do that with all the meme coins (I believe he was also involved in AKITA and PIG), then what if he comes up with all his ETH and starts dumping on the markets? What will be its impact? I know he's not stupid to do that, but that what everyone may be thinking right now.
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