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Topic: If Bitcoin drops to $8k - page 6. (Read 23969 times)

legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
June 15, 2022, 04:23:12 AM
Most people do not contemplate that the price can reach a price like that, everything is possible, in fact everything in crypto is possible, if the price falls to that level, the safest and smartest thing to do is is to buy, of course this scenario should be considered, although it is a bit strange because BTC has a large institutional investment and the whales would have a great loss, I clarify, the new whales that entered the market buying at high prices, not the whales that the first thing they do is short and then buy cheap.
All coins, including Bitcoin, are now declining. Bitcoin has come down to $25k.in its behavior, it seems that Bitcoin can go down to $20K. Which will give us a great opportunity to invest in cryptocurrency at the last time in dip. I look forward to that opportunity too. Let's see what actually it happens
Yes, at this time the price of Bitcoin has dropped to $25k and the altcoin market is experiencing the same thing,
such a possibility but that doesn't mean Bitcoin will drop to $8k,
the most important thing is not to panic and follow the market movements all the time
Bitcoin already dropped 20k. Which is a big support for Bitcoin. If the price of Bitcoin goes below $ 20K and breaks this big support, then maybe we will see Bitcoin at $ 15K or less. The whole crypto market is now looking at Bitcoin. Hopefully the price of bitcoin will  start rising again with the support of $ 20K.

Hopefully that $20K will continue to hold and not be broken by this massive dump. There are investors who are taking this big risk. They are still in the buy mode and not to allow the market to create more fear. I guess it's hard to place your entry if you are unsure with how to handle the kind of risk.

Plan ahead and make sure to have alternative adjustments in case fear also interferes inside you. Nothing is certain and we don't know how long the momentum will continue being bearish.
jr. member
Activity: 98
Merit: 2
June 14, 2022, 12:20:05 PM
I hope that in the near future we will not see such prices yet, because I spoke with many familiar traders and in fact many have invested a lot of money, and on such waves they can noticeably lose.
legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
June 14, 2022, 10:10:37 AM
Most people do not contemplate that the price can reach a price like that, everything is possible, in fact everything in crypto is possible, if the price falls to that level, the safest and smartest thing to do is is to buy, of course this scenario should be considered, although it is a bit strange because BTC has a large institutional investment and the whales would have a great loss, I clarify, the new whales that entered the market buying at high prices, not the whales that the first thing they do is short and then buy cheap.
All coins, including Bitcoin, are now declining. Bitcoin has come down to $25k.in its behavior, it seems that Bitcoin can go down to $20K. Which will give us a great opportunity to invest in cryptocurrency at the last time in dip. I look forward to that opportunity too. Let's see what actually it happens
Yes, at this time the price of Bitcoin has dropped to $25k and the altcoin market is experiencing the same thing,
such a possibility but that doesn't mean Bitcoin will drop to $8k,
the most important thing is not to panic and follow the market movements all the time
Bitcoin already dropped 20k. Which is a big support for Bitcoin. If the price of Bitcoin goes below $ 20K and breaks this big support, then maybe we will see Bitcoin at $ 15K or less. The whole crypto market is now looking at Bitcoin. Hopefully the price of bitcoin will  start rising again with the support of $ 20K.
sr. member
Activity: 994
Merit: 441
June 13, 2022, 06:46:58 PM
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.
Looking at the state of the market, it seems that the market will go down further and may return to its previous position.Everyone here is saying that Bitcoin will come in at $8k If Bitcoin goes from $10k to $8k we will all buy and invest in Bitcoin, maybe for a long time.We will hold Bitcoin, remembering that one day Bitcoin will go to many high positions.
legendary
Activity: 3122
Merit: 1140
June 13, 2022, 06:09:14 PM
Most people do not contemplate that the price can reach a price like that, everything is possible, in fact everything in crypto is possible, if the price falls to that level, the safest and smartest thing to do is is to buy, of course this scenario should be considered, although it is a bit strange because BTC has a large institutional investment and the whales would have a great loss, I clarify, the new whales that entered the market buying at high prices, not the whales that the first thing they do is short and then buy cheap.
All coins, including Bitcoin, are now declining. Bitcoin has come down to $25k.in its behavior, it seems that Bitcoin can go down to $20K. Which will give us a great opportunity to invest in cryptocurrency at the last time in dip. I look forward to that opportunity too. Let's see what actually it happens
Yes, at this time the price of Bitcoin has dropped to $25k and the altcoin market is experiencing the same thing,
such a possibility but that doesn't mean Bitcoin will drop to $8k,
the most important thing is not to panic and follow the market movements all the time
Even we are already too far off but we know that there's always the probability yet we've been seen the price is always been unpredictable and we wont know if we would really be going that low or going into those

early years price point but even myself not really that convinced that we would see these numbers again but hey im still open minded about probabilities yet this had been always
the case or scenario that we do commonly see into the market where price could shoot or drop without even knowing or being too aware.

This is why I came here again to see what people are thinking now, that we are hitting this $23k level.
So yes, everything is possible to happen but we also need to assess the probability of the scenario.
There's a possibility that bitcoin will drop to $8k but what do you think is the probability that it will happen?
For me, the likelihood of hitting the $8k level again is very low. I am not even thinking that we can go below $20k.
This month is quite interesting one. One should decide what to do right now, because it can easily go up or down again.
Probability is indeed low because if ever bitcoins price hits up that low then there's something happening in the market but if there's none then chances or always be in line about recovery is something inevitable.I had
been doing cost averaging yet i had bought some coins when it hits 27k and now the price dip down further then i had bought on 22k price.If this one would hit up 20k then its a sweet spot but once the support
of 20k would be broken then expect for the worst and what comes even more worst if the community would be panicking out then the situation would even become more devastating but at the same time it would really be an opportunity for you to get in.
hero member
Activity: 2744
Merit: 588
June 13, 2022, 04:04:00 PM
Most people do not contemplate that the price can reach a price like that, everything is possible, in fact everything in crypto is possible, if the price falls to that level, the safest and smartest thing to do is is to buy, of course this scenario should be considered, although it is a bit strange because BTC has a large institutional investment and the whales would have a great loss, I clarify, the new whales that entered the market buying at high prices, not the whales that the first thing they do is short and then buy cheap.
All coins, including Bitcoin, are now declining. Bitcoin has come down to $25k.in its behavior, it seems that Bitcoin can go down to $20K. Which will give us a great opportunity to invest in cryptocurrency at the last time in dip. I look forward to that opportunity too. Let's see what actually it happens
Yes, at this time the price of Bitcoin has dropped to $25k and the altcoin market is experiencing the same thing,
such a possibility but that doesn't mean Bitcoin will drop to $8k,
the most important thing is not to panic and follow the market movements all the time
Even we are already too far off but we know that there's always the probability yet we've been seen the price is always been unpredictable and we wont know if we would really be going that low or going into those

early years price point but even myself not really that convinced that we would see these numbers again but hey im still open minded about probabilities yet this had been always
the case or scenario that we do commonly see into the market where price could shoot or drop without even knowing or being too aware.

This is why I came here again to see what people are thinking now, that we are hitting this $23k level.
So yes, everything is possible to happen but we also need to assess the probability of the scenario.
There's a possibility that bitcoin will drop to $8k but what do you think is the probability that it will happen?
For me, the likelihood of hitting the $8k level again is very low. I am not even thinking that we can go below $20k.
This month is quite interesting one. One should decide what to do right now, because it can easily go up or down again.
copper member
Activity: 169
Merit: 111
₿IT VIP COINS CEO
June 13, 2022, 02:55:50 PM
ill make it simple. NEVER STOP BUYING.
sr. member
Activity: 2226
Merit: 347
June 13, 2022, 01:59:30 PM
Most people do not contemplate that the price can reach a price like that, everything is possible, in fact everything in crypto is possible, if the price falls to that level, the safest and smartest thing to do is is to buy, of course this scenario should be considered, although it is a bit strange because BTC has a large institutional investment and the whales would have a great loss, I clarify, the new whales that entered the market buying at high prices, not the whales that the first thing they do is short and then buy cheap.
All coins, including Bitcoin, are now declining. Bitcoin has come down to $25k.in its behavior, it seems that Bitcoin can go down to $20K. Which will give us a great opportunity to invest in cryptocurrency at the last time in dip. I look forward to that opportunity too. Let's see what actually it happens
Yes, at this time the price of Bitcoin has dropped to $25k and the altcoin market is experiencing the same thing,
such a possibility but that doesn't mean Bitcoin will drop to $8k,
the most important thing is not to panic and follow the market movements all the time
Even we are already too far off but we know that there's always the probability yet we've been seen the price is always been unpredictable and we wont know if we would really be going that low or going into those

early years price point but even myself not really that convinced that we would see these numbers again but hey im still open minded about probabilities yet this had been always
the case or scenario that we do commonly see into the market where price could shoot or drop without even knowing or being too aware.
sr. member
Activity: 1890
Merit: 252
The OGz Club
June 13, 2022, 04:15:58 AM
Most people do not contemplate that the price can reach a price like that, everything is possible, in fact everything in crypto is possible, if the price falls to that level, the safest and smartest thing to do is is to buy, of course this scenario should be considered, although it is a bit strange because BTC has a large institutional investment and the whales would have a great loss, I clarify, the new whales that entered the market buying at high prices, not the whales that the first thing they do is short and then buy cheap.
All coins, including Bitcoin, are now declining. Bitcoin has come down to $25k.in its behavior, it seems that Bitcoin can go down to $20K. Which will give us a great opportunity to invest in cryptocurrency at the last time in dip. I look forward to that opportunity too. Let's see what actually it happens
Yes, at this time the price of Bitcoin has dropped to $25k and the altcoin market is experiencing the same thing,
such a possibility but that doesn't mean Bitcoin will drop to $8k,
the most important thing is not to panic and follow the market movements all the time
legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
June 12, 2022, 08:29:01 PM
Most people do not contemplate that the price can reach a price like that, everything is possible, in fact everything in crypto is possible, if the price falls to that level, the safest and smartest thing to do is is to buy, of course this scenario should be considered, although it is a bit strange because BTC has a large institutional investment and the whales would have a great loss, I clarify, the new whales that entered the market buying at high prices, not the whales that the first thing they do is short and then buy cheap.
All coins, including Bitcoin, are now declining. Bitcoin has come down to $25k.in its behavior, it seems that Bitcoin can go down to $20K. Which will give us a great opportunity to invest in cryptocurrency at the last time in dip. I look forward to that opportunity too. Let's see what actually it happens
hero member
Activity: 1176
Merit: 543
fillippone - Winner contest Pizza 2022
June 12, 2022, 06:42:22 PM
Most people do not contemplate that the price can reach a price like that, everything is possible, in fact everything in crypto is possible, if the price falls to that level, the safest and smartest thing to do is is to buy, of course this scenario should be considered, although it is a bit strange because BTC has a large institutional investment and the whales would have a great loss, I clarify, the new whales that entered the market buying at high prices, not the whales that the first thing they do is short and then buy cheap.

Even though nothing is impossible in cryptocurrency, we should not imagine that the price of Bitcoin could ever falls to the level of Bitcoin going as low as $8k from the price of about $68k. This is too poor for us to imagine. If we are pessimistic about the movement of Bitcoin then, we should see the price of it to go as far beyond $20k.

The whales that are manipulating the market knows why they are doing and I'm sure they are ready to buy all our Bitcoin so we would have nothing to sell or buy again. I see the price of Bitcoin going back to the previous high in time to come.
legendary
Activity: 3094
Merit: 1127
June 12, 2022, 03:26:19 PM
Most people do not contemplate that the price can reach a price like that, everything is possible, in fact everything in crypto is possible, if the price falls to that level, the safest and smartest thing to do is is to buy, of course this scenario should be considered, although it is a bit strange because BTC has a large institutional investment and the whales would have a great loss, I clarify, the new whales that entered the market buying at high prices, not the whales that the first thing they do is short and then buy cheap.

Not wont really be that simple because people would really be hesitant whenever we do reach up that low price yet considering from 60k+ ath then goes back again in 8k in few years time?
Do you really think that people in the community wont really be raising up their eyebrows or being hesitant whenever the price decline that bad?
Buying suggestion is easy but even yourself wouldnt see for it to be a direct decision to be made once we are heading there.For sure you would really be minding about
possible bottom which might play in $1k? It cant be avoided, trust me.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
June 12, 2022, 02:56:21 PM
Most people do not contemplate that the price can reach a price like that, everything is possible, in fact everything in crypto is possible, if the price falls to that level, the safest and smartest thing to do is is to buy, of course this scenario should be considered, although it is a bit strange because BTC has a large institutional investment and the whales would have a great loss, I clarify, the new whales that entered the market buying at high prices, not the whales that the first thing they do is short and then buy cheap.
legendary
Activity: 2086
Merit: 1058
June 12, 2022, 02:47:17 PM
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.
Speculation is fine of course, but I have my own perception of the future of Bitcoin, Bitcoin once, touched the price of $6k two years ago, a lot of people did nothing for Bitcoin, when it broke through to the $40k level everyone was busy talking about it, I think if the speculation you mentioned happened, the same thing happened when the Bitcoin price was still $6k.

My view, Only 1% of people sell their assets to buy Bitcoin, but if $8k happens, of course this time I don't want to do anything wrong, definitely do something for Bitcoin long term.
I do not think that 1% of the people sell their assets to buy bitcoin. When you think about assets as things like houses or cars then you might be right, that is not common. However, when you consider assets such as gold, foreign currency, stocks, and other stuff like that, those are assets as well and people could end up changing stuff there and it would be making a ton of profit by selling those and moving to crypto and making a better result.

I am not saying that it should be a good deal, all I am saying is that the best thing we could do about this problem that 8k means a ton more people selling all other liquid assets like stocks, which would help a ton.
full member
Activity: 1386
Merit: 101
ComboLabs
June 12, 2022, 02:14:51 PM
The crypto market is very difficult to predict, so anything is possible. It is true that if we look at the increasing popularity of Bitcoin, more and
more institutions are investing long-term in Bitcoin. This shows the possibility for Bitcoin to fall to the price of $8k seems very small. But we can't
be too sure that the price of Bitcoin is no longer possible to drop to the price of $ 8k, so we still have to be vigilant, we still have to think about
the worst that will happen when we invest in Bitcoin.
From what you post, people can easily think bitcoin can not fall below $8000, even analysts and other professionals has not gone to the conclusion that bitcoin will not fall below $14000. I do not always believe in analysts but I believe that bitcoin can never falled below $140000. If institutions are holding in long term, that means it is even now possible that bitcoin will not be volatile like before, which means bitcoin may not even fall below $20000, but a sentiment from me though.


That institutional investors are one of those many reason why Bitcoin still a good place to invest your money, even the market is currently falling there's a chance that it will not break up to this huge amount of dip, though if by chance, it can go low but the possibilities that the market will bounce back is always the anticipation of many, it can be a good time in buying more asset and allow your wallet to wait for longer time to enjoy the value of your profits.
many people forget about institutional investors, and only speculate about Bitcoin under $8000,
I think that is a stupid thought, until whenever the Bitcoin price will not be below $10,000 again,
because there are many people holders, and not only humans, but institutions, companies, even the richest people in this world.
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
June 12, 2022, 12:39:18 PM
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.
It is known to all  that cryptocurrency is passing  in unfavorable conditions. There is a kind of panic situation  on going especially among btc investors. But now I think we should be more careful in this situation. Suppose I sell my bitcoin and waiting for getting it until when it reach 8k. Is it to be a good decision? absolutely not because normally it is very difficult to buy the coin at the price $8k. I just holding my btc for long term. I believe it will turn again but it may takes a little longer.
hero member
Activity: 2534
Merit: 605
June 12, 2022, 11:58:32 AM
The  US  Commerce Department's announcement of a reduction in the US trade deficit in April gave the market a signal that supply chain turmoil had reached its peak, lowering the 10-year yield below 3% and drive-up the overall stock market. Of course, it is not certain whether this kind of positive investor sentiment will continue in the future.
Goldman Sachs predicted
that global oil prices would reach $140 per barrel in the third quarter, warning that consumption could slow due  to  soaring  energy  prices.  In addition,  the  World  Bank  (WB)  has  also  emphasized  the  risk  of  stagflation  by downgrading the global economic growth forecast for this year to 2.9% from the previous 4.1%.
The investor "sentiment" is something that could drop or increase at any moment and that is fine. I personally feel like the best thing to do at this point would be to make sure that we are not doing that badly.

I know for a fact that it happens in the crypto world as well, like how we see bitcoin as "crashing" and suddenly everyone starts to sell and the price drops even harder, or sometimes it is a bull run and it increase so much that we reach to a point where it is insanely high and yet people still keep on buying. Stock market and everything else is the same way, they hear one news and they are optimistic, hear another and they hate it.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
June 12, 2022, 10:23:06 AM
The crypto market is very difficult to predict, so anything is possible. It is true that if we look at the increasing popularity of Bitcoin, more and
more institutions are investing long-term in Bitcoin. This shows the possibility for Bitcoin to fall to the price of $8k seems very small. But we can't
be too sure that the price of Bitcoin is no longer possible to drop to the price of $ 8k, so we still have to be vigilant, we still have to think about
the worst that will happen when we invest in Bitcoin.
From what you post, people can easily think bitcoin can not fall below $8000, even analysts and other professionals has not gone to the conclusion that bitcoin will not fall below $14000. I do not always believe in analysts but I believe that bitcoin can never falled below $140000. If institutions are holding in long term, that means it is even now possible that bitcoin will not be volatile like before, which means bitcoin may not even fall below $20000, but a sentiment from me though.


That institutional investors are one of those many reason why Bitcoin still a good place to invest your money, even the market is currently falling there's a chance that it will not break up to this huge amount of dip, though if by chance, it can go low but the possibilities that the market will bounce back is always the anticipation of many, it can be a good time in buying more asset and allow your wallet to wait for longer time to enjoy the value of your profits.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
June 11, 2022, 05:12:40 PM
The crypto market is very difficult to predict, so anything is possible. It is true that if we look at the increasing popularity of Bitcoin, more and
more institutions are investing long-term in Bitcoin. This shows the possibility for Bitcoin to fall to the price of $8k seems very small. But we can't
be too sure that the price of Bitcoin is no longer possible to drop to the price of $ 8k, so we still have to be vigilant, we still have to think about
the worst that will happen when we invest in Bitcoin.
From what you post, people can easily think bitcoin can not fall below $8000, even analysts and other professionals has not gone to the conclusion that bitcoin will not fall below $14000. I do not alwaysbelieve in analysts but I believe that bitcoin can never falled below $140000. If institutions are holding in long term, that means it is even now possible that bitcoin will not be volatile like before, which means bitcoin may not even fall below $20000, but a sentiment from me though.
It's still too far to conclude that the price will drop to $8k although we don't know how volatile the future will be or if there will be a bounce.
But let's have a look at some price analysis of the base point of $22k but it's still not clear as bitcoin is still holding around $30k (more or less) so too here bitcoin to $8k and still a long way to go to get there.
No matter how low the bitcoin is, I will definitely buy as much as I can.

The correction might prolong for a bit more until $18k but not to $8k obviously. Yes last year was a fabulous year for crypto investors with good number of ATH but the current year's growth is well understood. There will be a correction right after every ATH if you closely look at the market ever since 2017 April.  2017 had a massive pump to $21k and drastically went down to around $3 to $4k but again had an unimaginable ATH last year. Its the market. Those who are here for longer time, might understand and will have more confidence on BTC.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
June 11, 2022, 01:48:38 PM
The crypto market is very difficult to predict, so anything is possible. It is true that if we look at the increasing popularity of Bitcoin, more and
more institutions are investing long-term in Bitcoin. This shows the possibility for Bitcoin to fall to the price of $8k seems very small. But we can't
be too sure that the price of Bitcoin is no longer possible to drop to the price of $ 8k, so we still have to be vigilant, we still have to think about
the worst that will happen when we invest in Bitcoin.
From what you post, people can easily think bitcoin can not fall below $8000, even analysts and other professionals has not gone to the conclusion that bitcoin will not fall below $14000. I do not alwaysbelieve in analysts but I believe that bitcoin can never falled below $140000. If institutions are holding in long term, that means it is even now possible that bitcoin will not be volatile like before, which means bitcoin may not even fall below $20000, but a sentiment from me though.
It's still too far to conclude that the price will drop to $8k although we don't know how volatile the future will be or if there will be a bounce.
But let's have a look at some price analysis of the base point of $22k but it's still not clear as bitcoin is still holding around $30k (more or less) so too here bitcoin to $8k and still a long way to go to get there.
No matter how low the bitcoin is, I will definitely buy as much as I can.
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