I voted for yes, may reasoning is that we are really in a bear market.
And we all know that the price will really crash during this time and we are almost in the brink of ~$40k. Of course, I don't want the price to go below $40k, but it might be inevitable as the market works in cycle and maybe we are in the new one (bear) so just prepare for the worst and if you have some money ready, then you can buy at this dip.
Topic: [POLL] Will Bitcoin dip below $40K? - page 4. (Read 541 times)
There seems to be good buying demand below $41K, but the market keeps wanting to drift lower. I'm wondering what the market sentiment is on these boards as we appear to be fighting the upwards trend line and heading into a bear market.
Yeah, $40k to $41k must be a very good psychological support level which will hold strongly among whales manipulations. I have seen such similar market situations in last six years and all those times, external news triggers decide the direction rather than market technical.Will Bitcoin dip below $40K? (for at least 24 hours)
This is the power of psychological things over manipulators. I believe the bottom of 2022 would be around $39k which may happen only for few hours to grab.
i believe we will hit below 40k but it will bounce back.
I agree with this. RSI is oversold, Fear/greed index starts to looks like during july 2021 dump (right before 29-69k pump) means there is not much more to go in sounth direction. We may see final flush after (if) breaking 40k but I dont see an option that it will not be bought and drive above 50k to kill shorts, humiliate panic sellers and chill indicators before next bearish attack (if we will see another one).
I don’t think $40K is really significant. A better figure would be breaking $30K or at least last years low or breaking $20k which is obviously the old ATH.
Right now people are very bearish so you might be right and $40K might not actually break. However going by the trend it looks like it’s very bearish and there is no reversal signs yet. So we obviously might break $40K before bottoming and heading higher.
Right now people are very bearish so you might be right and $40K might not actually break. However going by the trend it looks like it’s very bearish and there is no reversal signs yet. So we obviously might break $40K before bottoming and heading higher.
yes, just for the sake of checking the sentiments from people here .
i believe we will hit below 40k but it will bounce back. anyone can give their own predictions on this market. so there's no right or wrong answer here. and even if it will dip below 40k, still it is still way above the price level of btc just before the pandemic.
I do hope that you're right because that way, we can filter out whether we're going to see a lot of people back out, and I really want it to go down because I have some spare USD in my account that I can use to buy bitcoin and hopefully at a discount price because I want to get as much profit as possible. i believe we will hit below 40k but it will bounce back. anyone can give their own predictions on this market. so there's no right or wrong answer here. and even if it will dip below 40k, still it is still way above the price level of btc just before the pandemic.
yes, just for the sake of checking the sentiments from people here .
i believe we will hit below 40k but it will bounce back. anyone can give their own predictions on this market. so there's no right or wrong answer here. and even if it will dip below 40k, still it is still way above the price level of btc just before the pandemic.
i believe we will hit below 40k but it will bounce back. anyone can give their own predictions on this market. so there's no right or wrong answer here. and even if it will dip below 40k, still it is still way above the price level of btc just before the pandemic.
There seems to be good buying demand below $41K, but the market keeps wanting to drift lower. I'm wondering what the market sentiment is on these boards as we appear to be fighting the upwards trend line and heading into a bear market. What do you think?
Will Bitcoin dip below $40K? (for at least 24 hours)
Yes or No?
Go ahead and vote for Miss Cleo if you don't have a strong opinion either way but still want to see the results. Consider it the unsure option.
Will Bitcoin dip below $40K? (for at least 24 hours)
Yes or No?
Go ahead and vote for Miss Cleo if you don't have a strong opinion either way but still want to see the results. Consider it the unsure option.
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