₿ not going below 40.000 (probably) - page 4.

jostorres

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Quote from: onecall123 on January 21, 2022, 09:16:35 AM

Big whales and institutions will not allow bitcoin prices to fall much further. Overall, the Bitcoin market has been a profitable investment, despite the fact holders lost money like crazy at downfall and almost went bankrupt. BTC will go green at some point.

I also would want to believe that with the number of whales who are presently into bitcoin ecosystem, they will not allow further fall down of bitcoin prices to happen, given the fact that they have invested so much into bitcoin, they will do a lot possible to keep the price get back bullish mode as early as possible.

And even if it will go low it will be with $33k-35k levels only. Moreover, like it used to occur almost every time after the bearish season comes the bullish season hence the current market scenario may not be an exception from that. We need to remain stronger about upcoming bullish season and nothing less.

Fredomago

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Quote from: Maslate on January 21, 2022, 05:24:53 PM

Price is now below $40k

http://preev.com/

I can see the panic already, it easily dips to $36k and probably there will be more downtrend coming going forward, so keep that faith and hold unto your assets and don't panic.

A very unexpected dump in the market as many are now panicking makes the price goes dip. If there will be a good news of new adoption or some things to hype the market that probably only the time it can bounce back. As for now there is still no sign that the price will go up anytime soon, so the only thing I can do now in my BTC is to watch or probably just focus with other activities or studying other possible altcoins that can survived once these is over.

Keeping yourself busy if you happened invested when the value still high, is no time to panic you will only lose your money if you follow this current trend, otherwise, you are willing to gamble and risk by doing a cut-loss strategy, it's not easy as fluctuating market can harm you if you are not that knowledgeable with how the market will move.

It's a good strategy to find or sort other alternatives, altcoin does have many offers you should do deeper research,

that will save you from losing more if you do your homework before releasing another fund for your investment.

Mankov

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"2. ....except a black swan."

Stock market is down, too. Nearly nobody expected such a sudden crash.
So it is a black swan.

Taskford

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Quote from: cheezcarls on January 22, 2022, 06:55:56 AM

Quote from: Mankov on January 19, 2022, 06:50:35 PM

1. A lot of rich people bought probably at 40.000 and 30.000. So many of them will very likely do lobbying and marketing to keep the price up.
2. News and future events should be already priced in, except a black swan.
3. Way more people seems to be very bearish, now. Even a lot of big influencers. Some of them are calling 20.000 $ - 16.000 $.
In most cases the opposite happens from what the masses think. So it`s likely that Bitcoin stays above 40.000 $ and is moving up, soon

Why do you think Bitcoin will probably not going lower than 40.000?

As of this time of writing, looks like you’re wrong about BTC not going below $40k. Right now it stands at between $34k to $35k range and I believe it will go down even further maybe support range of $25k to $30k.

Below $30k is coming also which I think reachable since I think the real bear market crash is now starting up knowing that people now are in doubt and doesn't believe that we can go back to bullish season at this month so maybe for now lets prepare for things to come and take appropriate action towards investing decision on bitcoin current condition.

cheezcarls

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Quote from: Mankov on January 19, 2022, 06:50:35 PM

1. A lot of rich people bought probably at 40.000 and 30.000. So many of them will very likely do lobbying and marketing to keep the price up.
2. News and future events should be already priced in, except a black swan.
3. Way more people seems to be very bearish, now. Even a lot of big influencers. Some of them are calling 20.000 $ - 16.000 $.
In most cases the opposite happens from what the masses think. So it`s likely that Bitcoin stays above 40.000 $ and is moving up, soon

Why do you think Bitcoin will probably not going lower than 40.000?

As of this time of writing, looks like you’re wrong about BTC not going below $40k. Right now it stands at between $34k to $35k range and I believe it will go down even further maybe support range of $25k to $30k. I’m planning to go DCA on BTC as I’m a long-term thinker and a guy who doesn’t mind about the price.

rodskee

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Quote from: Mankov on January 19, 2022, 06:50:35 PM

1. A lot of rich people bought probably at 40.000 and 30.000. So many of them will very likely do lobbying and marketing to keep the price up.
2. News and future events should be already priced in, except a black swan.
3. Way more people seems to be very bearish, now. Even a lot of big influencers. Some of them are calling 20.000 $ - 16.000 $.
In most cases the opposite happens from what the masses think. So it`s likely that Bitcoin stays above 40.000 $ and is moving up, soon

Why do you think Bitcoin will probably not going lower than 40.000?

Perfectly WRONG , because Bitcoin now is in the verge of falling not only below 40 but below 30k also , so be ready for the wild ride because we are going deep more and more this year.

there is no indication that there will be a recovery very soon , but instead the indication is completely opposite to what is expected.

Maslate

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Price is now below $40k

http://preev.com/

I can see the panic already, it easily dips to $36k and probably there will be more downtrend coming going forward, so keep that faith and hold unto your assets and don't panic.

barbara44

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Quote from: Mankov on January 19, 2022, 06:50:35 PM

1. A lot of rich people bought probably at 40.000 and 30.000. So many of them will very likely do lobbying and marketing to keep the price up.
2. News and future events should be already priced in, except a black swan.
3. Way more people seems to be very bearish, now. Even a lot of big influencers. Some of them are calling 20.000 $ - 16.000 $.
In most cases the opposite happens from what the masses think. So it`s likely that Bitcoin stays above 40.000 $ and is moving up, soon

Why do you think Bitcoin will probably not going lower than 40.000?

Going under 40k certainly did bring a lot of fear for many people, that is understandable because people always expect it to go up in the long term and whenever it goes down in the short term it becomes a bit of a problem.

However, that doesn't change the fact that we are still looking decent for the long term, people could be going a bit against the whole idea right now because of the short term drop but in a year I am 99% sure that we will go up. So, what we have right now is not really a big deal, it is something I can definitely be calm about because I know that in the future we will be fine and that gives me time to reflect on the situation and feel more at ease with the drop.

Falconer

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Quote from: stompix on January 20, 2022, 08:47:09 PM

And as usual, when you say it's not possible it takes a range of 24-72 hours since the topic has been started for the impossible to become possible, touched 39.933 on Binance and 39.952 on Bitstamp.
Seems like Russia's only desire is to screw everything, be it peace trade or bitcoin price.

But probably it's the best time to see a topic about Bitcoin not getting a new ATH ever, and as per Murphy's Law which is far more accurate than any TA we would probably see a sudden spike.

Till then, brace yourself for panic mode, although nothing hs really changed.

Actually I'm not so sure about what I've seen bitcoin price in the last 24 hours. Russia has had an impact on prices and $40K is easy enough to break as one of the supports that is expected to hold the panic wave through the end of January. As it turns out, Binance traders really want the price to drop below $38K, but I still don't think it's over and there is a possibility of a bigger drop going forward. Next, $35K is expected to be a strong support but when the panic is much bigger than the will to hold on to the price then that support won't be able to hold it either.

I already said that bitcoin could still lose 50%-80% of the total value of ATH november due to the highly volatile market and very sensitive to FUD, now bitcoin has lost 44% of the total value of ATH before, and may reach 50% soon. Having an anticipatory strategy to minimize losses is important, but it all depends on our initial investment goals.

Renampun

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Quote from: onecall123 on January 21, 2022, 09:16:35 AM

The assumptions we make are just temporary, nothing is permanent. Tesla tends to buy bitcoins around $38,000, but it has crossed the $37k mark several times. Hope that makes sense. Big whales and institutions will not allow bitcoin prices to fall much further. Overall, the Bitcoin market has been a profitable investment, despite the fact holders lost money like crazy at downfall and almost went bankrupt. BTC will go green at some point.

the holders don't lose their money, if they don't sell...

Bitcoin prices that continue to rise will not be interesting, because there must be a lot of people waiting for the price of btc to go down and then buying in large quantities, the price of bitcoin will definitely bounce again, just be patient.

carlfebz2

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Quote from: Questat on January 21, 2022, 09:22:31 AM

Quote from: onecall123 on January 21, 2022, 09:16:35 AM

The assumptions we make are just temporary, nothing is permanent. Tesla tends to buy bitcoins around $38,000, but it has crossed the $37k mark several times. Hope that makes sense. Big whales and institutions will not allow bitcoin prices to fall much further. Overall, the Bitcoin market has been a profitable investment, despite the fact holders lost money like crazy at downfall and almost went bankrupt. BTC will go green at some point.

Tesla might be buying that price but it doesn't mean the bleeding will stop, if the market will remain bearish this year, then most likely nothing will stop the dump because it will happen like we saw in the past. The trend is here, the bear market is here, we should see this and strategize on the right thing to do.

There's no way of stopping it no matter what and this is where true holders would really be tested out their faith about on their holdings whether they would cut losses or would definitely be having some good buyback with these levels.We know that a market wouldnt really be just having one path to take and these corrections and dumps could really happen thats why you should really anticipate always that this would
really happen in the market.

As I said earlier that we couldnt really just have one path to take, no matter what positive fundamentals you've seen in the past but doesnt mean that it would able to stop whenever the market
tends to have a bearish run.It couldnt really be just easily to be on that way.

Questat

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Quote from: onecall123 on January 21, 2022, 09:16:35 AM

The assumptions we make are just temporary, nothing is permanent. Tesla tends to buy bitcoins around $38,000, but it has crossed the $37k mark several times. Hope that makes sense. Big whales and institutions will not allow bitcoin prices to fall much further. Overall, the Bitcoin market has been a profitable investment, despite the fact holders lost money like crazy at downfall and almost went bankrupt. BTC will go green at some point.

Tesla might be buying that price but it doesn't mean the bleeding will stop, if the market will remain bearish this year, then most likely nothing will stop the dump because it will happen like we saw in the past. The trend is here, the bear market is here, we should see this and strategize on the right thing to do.

onecall123

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The assumptions we make are just temporary, nothing is permanent. Tesla tends to buy bitcoins around $38,000, but it has crossed the $37k mark several times. Hope that makes sense. Big whales and institutions will not allow bitcoin prices to fall much further. Overall, the Bitcoin market has been a profitable investment, despite the fact holders lost money like crazy at downfall and almost went bankrupt. BTC will go green at some point.

Mankov

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As I bought the last tranche at 53.000 I watched some youtubers calling for
100.000 and more.

If I hadn`t watched these videos I had waited for a drop to 40.000. Because
I expected that first, but the influencers are so good in talking.

I will never watch any bitcoin videos again. It`s too distracting.
And all these so called bitcoin experts and bitcoin tools out there. LOL. Just LOL.
I will give a shit about their opinions from now on.
I will not listen to anybody, anymore.
This will save a lot of time.

Do you think some of these influencers are doing the opposite from what they are saying?
Calling for 100.000 but shorting to 40.000?

Mankov

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Unfortunately... Angry

Next stop should be ~37.000 $.
If this is not holding then likely ~30.000 $

A lot of rich people and institutes bought probably between 40.000 and 30.000
So this is why I still think it should not go lower than 30.000.

Anyway, I will forget about the bitcoin price for 1 or 2 years, now.
Bought at 6.000, 7.000, 10.000, 30.000, 53.000.

carlisle1

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Quote from: LogitechMouse on January 21, 2022, 05:04:12 AM

Quote from: Mankov on January 19, 2022, 06:50:35 PM

Why do you think Bitcoin will probably not going lower than 40.000?

Well, it seems like you're opinions are now voided because it happened. Bitcoin went down to $40,000 already and I think many are expecting it to happen as well though I expected that it will bounce back and go higher in the next days (optimistic mind). Lets just wait a few days before we will see what will happen to Bitcoin. If it stays below $40,000 for a few days then it is the start of the bear market.

What a crashed, it's sitting at $40K-$42K and strongly holding that barrier early this week but now it fell to $39K.

Let's be positive and look for a brighter side. Optimistic investors will add some spare to buy those cheap coins, while to those who

will fear in losing their investment. It will be the other thing around. Acceptance is too much for them, seeing that the invested money

is continually falling in fiat value. The very chance that they will follow this selling pressure and let losses to take place. Sad

buwaytress

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Quote from: LogitechMouse on January 21, 2022, 05:04:12 AM

With this move, there is a high chance that we might see a bear market but lets wait for further confirmation because there is a chance that this might be a false breakout like what happened last time when Bitcoin went below $40,000.

Have to say am a bit miffed there wasn't even a hint of a bounce (as I'd been long expecting once 40k would break). Instead, what happened was a brief flicker above $43k and then just losing all that ground to plough $38k. Pretty disappointing, and even without volume I see it hard for selling pressure not to continue into the weekend.

Oh well, my BTC balance keeps growing then.

LogitechMouse

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Quote from: Mankov on January 19, 2022, 06:50:35 PM

Why do you think Bitcoin will probably not going lower than 40.000?

$40,000 really is the strong support right now and just a few hours ago, we've seen the market turned red again and Bitcoin?? Yes it went below $40,000 and now currently sitting at around $39,000.
With this move, there is a high chance that we might see a bear market but lets wait for further confirmation because there is a chance that this might be a false breakout like what happened last time when Bitcoin went below $40,000.

Well, it seems like you're opinions are now voided because it happened. Bitcoin went down to $40,000 already and I think many are expecting it to happen as well though I expected that it will bounce back and go higher in the next days (optimistic mind). Lets just wait a few days before we will see what will happen to Bitcoin. If it stays below $40,000 for a few days then it is the start of the bear market.

STT

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Draw a line in the sand at 40k and invariably that point will be tested, too many people will set their stop loss to 39999 and expect to profit from this strategy. All that happens is the stop loss is triggered, we receive some selling and buying in this area which will register as higher volume then we go back up probably. Its best not to keep the idea of solid lines, dollar itself varies in its value anyway.
If there is higher demand for Dollar and any lack in supply or liquidity for dollar then people will sell BTC, it equates to a higher value for dollar over BTC on that day. Another day there will be an excess of dollars and so BTC is more able to rise. It does vary unfortunately, we see waves in the market that move not fixed objectives; it would be alot easier otherwise.

Kelvinid

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Will not? Maybe, but we never know yet.
If the support level will just about to increase, we gonna expect the uptrend but until the volatility takes, that all become uncertain.

Quote from: MarjorieZimmermanGinger on January 21, 2022, 02:28:44 AM

Quote from: Mankov on January 19, 2022, 06:50:35 PM

1. A lot of rich people bought probably at 40.000 and 30.000. So many of them will very likely do lobbying and marketing to keep the price up.
2. News and future events should be already priced in, except a black swan.
3. Way more people seems to be very bearish, now. Even a lot of big influencers. Some of them are calling 20.000 $ - 16.000 $.
In most cases the opposite happens from what the masses think. So it`s likely that Bitcoin stays above 40.000 $ and is moving up, soon

Why do you think Bitcoin will probably not going lower than 40.000?

If you want to invest in bitcoin, actually a price decrease is an expected step, so that we can buy in large or small quantities, but unlike people who already have bitcoins in their wallets, they automatically expect bitcoin to increase in high prices, and maybe this is a different point of view for both people who have bitcoin and people who are just starting to invest, but I still believe bitcoin in the next month will rise slowly.

That is usually happening as these holders wanted to earn more while new investors wanted to buy cheap. However, even though we have different views and goals, yet, everyone had made a benefit. It is just how the market works and I was glad that it was decentralized coz if not, rich people will certainly have their advantage while poor people only have a fewer chance.

Topic: ₿ not going below 40.000 (probably) - page 4. (Read 1021 times)