If Bitcoin drops to $8k - page 3. | Bitcointalksearch.org

blockman

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Quote from: Harkorede on July 06, 2022, 01:24:21 PM

I believe Bitcoin will get to another All Time High, it's just matter of time, but it can also go the other way. Nothing is assured!

Yup.
We've waited for 3 years until bitcoin has broken its former all-time high, $20k. And it only took a month or two in 2020 until it reached $20k again when it was under on that level.
I also believe that we'll see a new ATH and this has proven the cycle to be real and it will come with bigger traditional players just like how it went in 2022. I'm trusting and have confidence in it especially when we're approaching to the next halving.

Harkorede

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Quote from: ?? on ??

I don’t think bitcoin can drop to 8k . maybe 17k uas the last drop for this year or future. because i don’t think bitcoin can drop bellow $30k after future new ATH . this is last opportunity for usd to bought bitcoin and store it. maybe we will not get any opportunity in future like this

Bitcoin can literally drop to 8K or even below at any time, there's no guarantee on maximum price fluctuation for Bitcoin, neither is there anything that can determine the minimum price for it. It's an open market, I remember when Bitcoin reached USD 65k, so many people said it could never be back to USD 20k but here we are and it's fell below that over and over again.

I believe Bitcoin will get to another All Time High, it's just matter of time, but it can also go the other way. Nothing is assured!

Rigon

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Quote from: |MINER| on July 04, 2022, 04:13:55 PM

Quote from: WeedGoW on July 04, 2022, 01:05:43 PM

Quote from: ?? on ??

I don’t think bitcoin can drop to 8k . maybe 17k uas the last drop for this year or future. because i don’t think bitcoin can drop bellow $30k after future new ATH . this is last opportunity for usd to bought bitcoin and store it. maybe we will not get any opportunity in future like this

10k going to be a tough nut to crack and I don't think we could ever hit that low. Around $11k-$12k, maybe. If Bitcoin goes lower than $10k, maybe then $8k will be the main topic of the talk. Else, just more fud to something that doesn't seem to have a strong chance to be.

And you also can't guarantee that surity it won't hit under 11k-12k. Main thing no one cannot guarantee it that about the future of currency . When bitcoin was 50k I believed that now it will never go bellow 40k after that when it was below 40k I believe that it will never go bellow 30k and it's gone . So it could also be happen that btc can drop to 8k

There is nothing to disbelieve here. The market can go to any position at any time. We never thought Bitcoin would be between $17k.When the price of Bitcoin was between $69k, no one believed that Bitcoin would come down so much. So looking at the condition of this market, it can be said that the market can come within $8k dollars, there is nothing to disbelieve.

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Quote from: Desmong on July 04, 2022, 09:19:53 AM

I don't see any market conditions that can make the price of Bitcoin to fall to $8k. Even though it looks like everything is going to crash out, I am looking at the market to gi back $60k and reach $100k. The market looks bad now and we should see it like everything is going to crumble to nothing. The market is ranging and who know if the market can start going up again with good momentum.

But it would be regarded stupidity in the highest form if Bitcoin gets down to 8k and one doesn't not fails to buy at a cheaper price.
Most at times recently people are currently hoping Bitcoin Falls back to a reduced rate more than 15k but almost 11k wouldn't be a bad one so they can get it cheap while waiting patiently for the Bull run. But according to chart's currently we are not expecting an increase and a decrease below 15k.

dunfida

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Quote from: |MINER| on July 04, 2022, 04:13:55 PM

Quote from: WeedGoW on July 04, 2022, 01:05:43 PM

Quote from: ?? on ??

I don’t think bitcoin can drop to 8k . maybe 17k uas the last drop for this year or future. because i don’t think bitcoin can drop bellow $30k after future new ATH . this is last opportunity for usd to bought bitcoin and store it. maybe we will not get any opportunity in future like this

10k going to be a tough nut to crack and I don't think we could ever hit that low. Around $11k-$12k, maybe. If Bitcoin goes lower than $10k, maybe then $8k will be the main topic of the talk. Else, just more fud to something that doesn't seem to have a strong chance to be.

And you also can't guarantee that surity it won't hit under 11k-12k. Main thing no one cannot guarantee it that about the future of currency . When bitcoin was 50k I believed that now it will never go bellow 40k after that when it was below 40k I believe that it will never go bellow 30k and it's gone . So it could also be happen that btc can drop to 8k

When you do step your foot into this market then its no guarantee that prices couldnt really be able to reach out certain ATH's and the lowest low all time which means that you should presume that it could really be

going that low but of course they wont really be just giving some numbers without any basis but instead this is what they do see when making some technicals on which they do really see that it could possibly
go down on that level.

Its all presumption and speculation but we cant really know if those things would happen or not.As a trader/investor then take this on some pinch of salt but its up to you whether you would
made out actions connected or correlated to it or not because we do have different kind of approach on things whether we do really make out decisions on buying or wait up even further.

|MINER|

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Quote from: WeedGoW on July 04, 2022, 01:05:43 PM

Quote from: ?? on ??

I don’t think bitcoin can drop to 8k . maybe 17k uas the last drop for this year or future. because i don’t think bitcoin can drop bellow $30k after future new ATH . this is last opportunity for usd to bought bitcoin and store it. maybe we will not get any opportunity in future like this

10k going to be a tough nut to crack and I don't think we could ever hit that low. Around $11k-$12k, maybe. If Bitcoin goes lower than $10k, maybe then $8k will be the main topic of the talk. Else, just more fud to something that doesn't seem to have a strong chance to be.

And you also can't guarantee that surity it won't hit under 11k-12k. Main thing no one cannot guarantee it that about the future of currency . When bitcoin was 50k I believed that now it will never go bellow 40k after that when it was below 40k I believe that it will never go bellow 30k and it's gone . So it could also be happen that btc can drop to 8k

sklopan

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I don't think there are any signs of death yet. At least, it seems to me that so far the results can even be positive. Especially if you do the right analysis.

CryptoHeadlineNews

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One thing I love about Bitcoin is that despite it's price there will always be people available, ready and willing to buy Bitcoin at all times, which is what makes it invisibly powerful, because people will always give negative feedback in any slightest opportunity they see to discredit it. I could remember when the price of one BTC was $60k (people said the price was too expensive), then the price broke down to half at $30k (the same people complained the price was still expensive) and now the current price of Bitcoin is below $20k (same people are still saying the price is still expensive) so if the price of Bitcoin now fall to $8k, am sure that's when those people will either start saying Bitcoin is dead or dying.. So at every moments people will not always be comfortable with the price

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Quote from: ?? on ??

I don’t think bitcoin can drop to 8k . maybe 17k uas the last drop for this year or future. because i don’t think bitcoin can drop bellow $30k after future new ATH . this is last opportunity for usd to bought bitcoin and store it. maybe we will not get any opportunity in future like this

10k going to be a tough nut to crack and I don't think we could ever hit that low. Around $11k-$12k, maybe. If Bitcoin goes lower than $10k, maybe then $8k will be the main topic of the talk. Else, just more fud to something that doesn't seem to have a strong chance to be.

Desmong

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I don't see any market conditions that can make the price of Bitcoin to fall to $8k. Even though it looks like everything is going to crash out, I am looking at the market to gi back $60k and reach $100k. The market looks bad now and we should see it like everything is going to crumble to nothing. The market is ranging and who know if the market can start going up again with good momentum.

sklopan

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I don't think this will happen by the end of the year. There are different scenarios for the development of events, but I do not think that there is a possibility of such a situation.

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Quote from: tbterryboy on July 01, 2022, 04:14:43 AM

Quote from: yohananaomi on June 29, 2022, 11:42:17 AM

Quote from: judaspriest on June 20, 2022, 09:21:42 AM

are you sure about $8000? Don't let us miss the next bullish season,
because according to experienced traders this is the right time to buy Bitcoin and altcoins,
and don't wait for $8000 because it will definitely never go back there again, believe me!

if you look at the past, indeed since 2018-2020 bitcoin has decreased below $ 8K but will this year also happen? I don't think I'll see that, even if the signs of a decline continue and of course it will only be around $10K and not until it's going down to $8K.
Of course, you are right, my friend, if there is a decline like this, it is the right time to increase your bitcoin and altcoin investment, of course.

Maybe it's possible since many experts are seeing a similar pattern between the year 2018 and 2022 although they didn't state that the price could hit 8k but their predictions are still higher than 10k. They also think that 8k is too low already for bitcoins on this year judging that the btc users have learned a lot of lessons from the past. Before what usually they will do when they see a bear is they panic but now they will simply buy and hodl strongly.

@judaspriest
Don't worry, bullish season won't be missed even if let say 8k can truly come because bear do always has its own end. The market won't be balanced anymore if it will only stay on one season.

True, I'm also expecting above 10k price then and go sideways for few months but bitcoin can go 8k at the very bottom. I personally want bitcoin go 8k if possible, at that price point I should accumulate as much as I can getting ready for next bull run. People from last bear market learned the things they should do at bear market, I myself learned my lesson the hard way so this time I want to make it right. New comers now are starting to panic, We can't blame them since the value just keep dipping. All we need to do is to survive this market cycle.

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Quote from: martyns on July 01, 2022, 04:00:17 PM

Bitcoin dumping to $8k is is very possible in the bearish market. It's current price is currently $20k and it's was down to $17k in the mid week and their is a very strong support that it will break all resistance before retesting back to a bullish run which all of us are waiting for. Crypto is nothing without Bitcoin since its the first digital coin and it's market cap is weigh too high. But if the wordt happens and Bitcoin dumps to $8k, the patient investors will be grateful and purchase season much pieces of it.

There are calm and experienced traders and investors that will still purchased once the market fall to that level, so far after breaking $20K and went up to $17K the market bounce right away, those who bought at early $30k are possible to instead of throwing their coins they are buying and holding more, believing that once the strong market start to run the value of their holdings will be more profitable.

martyns

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Bitcoin dumping to $8k is is very possible in the bearish market. It's current price is currently $20k and it's was down to $17k in the mid week and their is a very strong support that it will break all resistance before retesting back to a bullish run which all of us are waiting for. Crypto is nothing without Bitcoin since its the first digital coin and it's market cap is weigh too high. But if the wordt happens and Bitcoin dumps to $8k, the patient investors will be grateful and purchase season much pieces of it.

koang

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Quote from: Zilon on May 28, 2022, 01:28:06 AM

Lets assume Guggenheim's Minerd speculation on bitcoin having an ultimate bottom of $8k if it hits $30k referencing the "[U.S. Federal Reserve] being restrictive.”, Currently bitcoin price is below $28k and from the look of things this speculation might and might not be accurate but what if bitcoin price falls to this very dip.

I am asking what will you sell to buy more bitcoin if this speculation ever happens or will you choose to sell off all your bitcoin due to FUD.

A great reset happening and I'm saying this is a great buying opportunity
Yes, I want some more. I want it sub 5k, not 8k

And the next quarter, I'm Rich Grin

Improve our maths, going back a bit further
Bitcoin will always eventually go on to a new ATH

tbterryboy

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Quote from: yohananaomi on June 29, 2022, 11:42:17 AM

Quote from: judaspriest on June 20, 2022, 09:21:42 AM

are you sure about $8000? Don't let us miss the next bullish season,
because according to experienced traders this is the right time to buy Bitcoin and altcoins,
and don't wait for $8000 because it will definitely never go back there again, believe me!

if you look at the past, indeed since 2018-2020 bitcoin has decreased below $ 8K but will this year also happen? I don't think I'll see that, even if the signs of a decline continue and of course it will only be around $10K and not until it's going down to $8K.
Of course, you are right, my friend, if there is a decline like this, it is the right time to increase your bitcoin and altcoin investment, of course.

Maybe it's possible since many experts are seeing a similar pattern between the year 2018 and 2022 although they didn't state that the price could hit 8k but their predictions are still higher than 10k. They also think that 8k is too low already for bitcoins on this year judging that the btc users have learned a lot of lessons from the past. Before what usually they will do when they see a bear is they panic but now they will simply buy and hodl strongly.

@judaspriest
Don't worry, bullish season won't be missed even if let say 8k can truly come because bear do always has its own end. The market won't be balanced anymore if it will only stay on one season.

blockman

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Quote from: sklopan on June 29, 2022, 04:32:55 PM

If I'm not mistaken, before the previous growth, there was also a fall.

Yes, that was last year. When we've hit a certain high for bitcoin then it has dropped to $29k but this time it's lower. So what can we expect? We're expecting that a better price will be retrieved soon and we just need to wait for it to come.

Quote from: sklopan on June 29, 2022, 04:32:55 PM

But despite this, even then everyone was shouting that bitcoin was a scam, and the price would not rise.

It's not new. That will never be gone and people will always tell that and they are those who are against bitcoin and never hold bitcoin or sold early but now they regret.

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Quote from: sklopan on June 29, 2022, 04:32:55 PM

Quote from: minime0105 on June 29, 2022, 04:12:51 PM

Quote from: yohananaomi on June 29, 2022, 11:42:17 AM

Quote from: judaspriest on June 20, 2022, 09:21:42 AM

are you sure about $8000? Don't let us miss the next bullish season,
because according to experienced traders this is the right time to buy Bitcoin and altcoins,
and don't wait for $8000 because it will definitely never go back there again, believe me!

if you look at the past, indeed since 2018-2020 bitcoin has decreased below $ 8K but will this year also happen? I don't think I'll see that, even if the signs of a decline continue and of course it will only be around $10K and not until it's going down to $8K.
Of course, you are right, my friend, if there is a decline like this, it is the right time to increase your bitcoin and altcoin investment, of course.

since 2018 too Bitcoin has being experiencing rising and it's this year that Bitcoin fall beyond the previous time it falls before and i believe that the falling is just a helping hands to make cryptocurrency to be strong whenever it return to the high price, what is happening into cryptocurrency now is not that it's surprising of it fluctuating for values, every body is looking at or when it will rise, it's better and to invest with them, all the cryptocurrencies because it will rise again

If I'm not mistaken, before the previous growth, there was also a fall. But despite this, even then everyone was shouting that bitcoin was a scam, and the price would not rise.

Bitcoin is dead
Bitcoin is a scam
Bitcoin is a ponzi
Bitcoin is a shit project
Bitcoin doesnt have a potential

These are common lines to those people who dont believe into its potential specially if they do see a declining market but if they would really be having some in depth
search of history then they would really be saying up to theirselves that it is really worth a shot on making some investment.
It could drop but doesnt mean that it would really be the end of it.

sklopan

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Quote from: minime0105 on June 29, 2022, 04:12:51 PM

Quote from: yohananaomi on June 29, 2022, 11:42:17 AM

Quote from: judaspriest on June 20, 2022, 09:21:42 AM

are you sure about $8000? Don't let us miss the next bullish season,
because according to experienced traders this is the right time to buy Bitcoin and altcoins,
and don't wait for $8000 because it will definitely never go back there again, believe me!

if you look at the past, indeed since 2018-2020 bitcoin has decreased below $ 8K but will this year also happen? I don't think I'll see that, even if the signs of a decline continue and of course it will only be around $10K and not until it's going down to $8K.
Of course, you are right, my friend, if there is a decline like this, it is the right time to increase your bitcoin and altcoin investment, of course.

since 2018 too Bitcoin has being experiencing rising and it's this year that Bitcoin fall beyond the previous time it falls before and i believe that the falling is just a helping hands to make cryptocurrency to be strong whenever it return to the high price, what is happening into cryptocurrency now is not that it's surprising of it fluctuating for values, every body is looking at or when it will rise, it's better and to invest with them, all the cryptocurrencies because it will rise again

If I'm not mistaken, before the previous growth, there was also a fall. But despite this, even then everyone was shouting that bitcoin was a scam, and the price would not rise.

minime0105

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Quote from: yohananaomi on June 29, 2022, 11:42:17 AM

Quote from: judaspriest on June 20, 2022, 09:21:42 AM

are you sure about $8000? Don't let us miss the next bullish season,
because according to experienced traders this is the right time to buy Bitcoin and altcoins,
and don't wait for $8000 because it will definitely never go back there again, believe me!

if you look at the past, indeed since 2018-2020 bitcoin has decreased below $ 8K but will this year also happen? I don't think I'll see that, even if the signs of a decline continue and of course it will only be around $10K and not until it's going down to $8K.
Of course, you are right, my friend, if there is a decline like this, it is the right time to increase your bitcoin and altcoin investment, of course.

since 2018 too Bitcoin has being experiencing rising and it's this year that Bitcoin fall beyond the previous time it falls before and i believe that the falling is just a helping hands to make cryptocurrency to be strong whenever it return to the high price, what is happening into cryptocurrency now is not that it's surprising of it fluctuating for values, every body is looking at or when it will rise, it's better and to invest with them, all the cryptocurrencies because it will rise again

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