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Topic: Price of BTC might go down (Read 600 times)

full member
Activity: 195
Merit: 100
January 13, 2021, 06:58:41 PM
#55
They've said their thoughts based on their analysis. For me, I think that the $100k in this year is possible. Maybe it won't be exactly $100k but Bitcoin could attain a price as high as that. Also, do not really follow what these people say; do not make investments based on others' thoughts. DYOR and make your own guess (it's all guess work anyway).
it's not 100% based on luck of course, if that's what you want to say by "guess", some people analyze the prices throughout all the past years and predict what could happen, like for my lazy a$$, i would just follow someone who did a lot of researches and just bet on him.
full member
Activity: 630
Merit: 103
January 12, 2021, 04:53:49 AM
#52
This is possible if 50% of Bitcoin supply are Big whales holders in which they can manipulate the market anytime but I don't see it right now that the Big whales are in control because there are lot of new business magnets that are now buying Bitcoins so for me the price will just go down because of the corrections which is necessary to maintain the balance in crypto market.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
January 14, 2021, 04:44:17 AM
#49
They've said their thoughts based on their analysis. For me, I think that the $100k in this year is possible. Maybe it won't be exactly $100k but Bitcoin could attain a price as high as that. Also, do not really follow what these people say; do not make investments based on others' thoughts. DYOR and make your own guess (it's all guess work anyway).
indeed we do not always have to trust the analysts they inform because it could be misleading. but our analysis can also be used as a reference from past experiences.
If in my opinion, seeing from the first and second halving that bitcoin has made, that their% difference can be 17x, then the possibility of $ 100K will easily be done by bitcoin this year.

for me, the most important thing is the improvement of all the top altcoin rankings, let there be a renewable ATH because this will provide a sharp increase for new atcoins that want to grow from projects that are being marketed, let the bounty heyday of 2017 can happen again this year too.
That is the point of analyzing something, you can end up with wrong ideas, but you could at least see what is it saying and you could either use that if you want to and hope that it is right or you could just use that as guideline and that's it.

I personally believe that bitcoin may not be doing that bad in the near future, I mean this week, but the charts do not say that as we all have seen, now did I used charts to decide? No because charts said it should go down but I said it will go up, so where did I used the charts? You could look at charts, and why it says it will go down, and you could look at the past, and see similar charts that said it should go down but the real price went up instead, and use that as an indicator that whenever the charts show it will go down because of X reason the price goes up, and figure out it will go up again this period.
sr. member
Activity: 1554
Merit: 334
January 12, 2021, 09:27:02 AM
#48
They've said their thoughts based on their analysis. For me, I think that the $100k in this year is possible. Maybe it won't be exactly $100k but Bitcoin could attain a price as high as that. Also, do not really follow what these people say; do not make investments based on others' thoughts. DYOR and make your own guess (it's all guess work anyway).
That's right you don't wanna take those analyses spreading around the internet yeah maybe some of them do hit it right but it doesn't mean they will always get it right. It does not how it works, you should know that this market was still unpredictable. The best way is to make your own research because you know what would be best for you. Anyway, IMO, since Bitcoin is having kinda correction right now you might get the opportunity right now since I don't think whales and institutions are done accumulating, Bitcoin could grow even more, might be $50k before the end of the month who knows just be ready.
sr. member
Activity: 1638
Merit: 255
January 12, 2021, 06:47:49 AM
#47
The current correction apparently didn't touch $30k even, after a drop to $32k, bitcoin returned to $35 then is now at $36, so it's already
gone up and will be close to $40k again. Apparently whales really can not make the price to touch to the lowest  because there  are many
institutions that play a role also here. But this is just my personal opinion. Now I don't even know where bitcoin is going.
sr. member
Activity: 2422
Merit: 267
Hire Bitcointalk Camp. Manager @ r7promotions.com
January 12, 2021, 04:00:03 AM
#46
They've said their thoughts based on their analysis. For me, I think that the $100k in this year is possible. Maybe it won't be exactly $100k but Bitcoin could attain a price as high as that. Also, do not really follow what these people say; do not make investments based on others' thoughts. DYOR and make your own guess (it's all guess work anyway).
indeed we do not always have to trust the analysts they inform because it could be misleading. but our analysis can also be used as a reference from past experiences.
If in my opinion, seeing from the first and second halving that bitcoin has made, that their% difference can be 17x, then the possibility of $ 100K will easily be done by bitcoin this year.

for me, the most important thing is the improvement of all the top altcoin rankings, let there be a renewable ATH because this will provide a sharp increase for new atcoins that want to grow from projects that are being marketed, let the bounty heyday of 2017 can happen again this year too.
hero member
Activity: 2828
Merit: 518
January 10, 2021, 09:32:45 PM
#45
IMO just because his first prediction came to reality doesn't mean he's always right about everything, the crypto market is really volatile and unpredictable, you can really tell what might happen next, so that's his prediction for bitcoin movement it might happen and it might end up not happening its a 50/50 chance, but I seriously doubt if bitcoin will collapse 50% in the next few days as he predicted.

I get notifications from a few crypto sites and pretty much every day there's a new prediction from an analyst who predicted something previously. So many people are making predictions about these things nowadays that somebody calling something right previously doesn't really mean much at all.
That could be true or not, and so I don't put a big weight on those predictions especially when it comes from crypto sites. That 50/50 chance is right. I believe this momentum will have an end someday and that we need to prepared off.

I'm waiting for the market to dumps as well and start accumulating Bitcoin. This is possibly the plan for many as they learn from the current event but wondering if this could be realized.
copper member
Activity: 2156
Merit: 983
Part of AOBT - English Translator to Indonesia
January 10, 2021, 09:26:35 PM
#44
Looks like correction is starting now , dropping from 41k to 37,000$ this moment.
yes i think so i waited this so long tho  Grin

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I don't have enough fiat to keep buying, but if I had, I would. Nothing to worry about guys, short term drops are normal in bull markets since price likes to retest fib lines.
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Not i am considering Buying and selling as the correction is in the moment , any pump will happen anytime soon.

after the correction will pump again but there's also chance to altcoin getu pumped to after bitcoin halving -> bitcoin pump -> altcoin pump
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
January 10, 2021, 09:11:09 PM
#43
One of the top analyst who predicted BTC might go to 40k now says 50% of collapse is possible in near days, before few months he stated BTC price might rally at least 300%, on the other side JP Morgan says there are possibilities for 100k till the end of the year So what's next for BTC?

If these are the only odds, I'd say we should all buy BTC right now Cheesy
Looks like correction is starting now , dropping from 41k to 37,000$ this moment.
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Look what they're saying! One analysis says it might fall and later rally, the other that it could go 300% up this year. They're both extremely bullish.
But this analyst made a great prediction last year that the Value of Bitcoin may Reach 40,000$ and it happens , but of course many also predict this and some says even 50,000.
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I don't have enough fiat to keep buying, but if I had, I would. Nothing to worry about guys, short term drops are normal in bull markets since price likes to retest fib lines.
Not i am considering Buying and selling as the correction is in the moment , any pump will happen anytime soon.
member
Activity: 145
Merit: 25
January 10, 2021, 06:15:40 PM
#42
IMO just because his first prediction came to reality doesn't mean he's always right about everything, the crypto market is really volatile and unpredictable, you can really tell what might happen next, so that's his prediction for bitcoin movement it might happen and it might end up not happening its a 50/50 chance, but I seriously doubt if bitcoin will collapse 50% in the next few days as he predicted.

I get notifications from a few crypto sites and pretty much every day there's a new prediction from an analyst who predicted something previously. So many people are making predictions about these things nowadays that somebody calling something right previously doesn't really mean much at all.
hero member
Activity: 2716
Merit: 698
Dimon69
January 10, 2021, 06:04:55 PM
#41
They've said their thoughts based on their analysis. For me, I think that the $100k in this year is possible. Maybe it won't be exactly $100k but Bitcoin could attain a price as high as that. Also, do not really follow what these people say; do not make investments based on others' thoughts. DYOR and make your own guess (it's all guess work anyway).
The price will go down after this fast pump BTC experience but it will sure to increase again once correction happen since there will definitely many users who will secure some of their saving and there is still many users and companies who will adopt BTC. It's a continuous cycle, the only unknown is upto how much in can increase so we need to monitor it regularly.
hero member
Activity: 2184
Merit: 531
January 10, 2021, 05:57:40 PM
#40
One of the top analyst who predicted BTC might go to 40k now says 50% of collapse is possible in near days, before few months he stated BTC price might rally at least 300%, on the other side JP Morgan says there are possibilities for 100k till the end of the year So what's next for BTC?

If these are the only odds, I'd say we should all buy BTC right now Cheesy

Look what they're saying! One analysis says it might fall and later rally, the other that it could go 300% up this year. They're both extremely bullish.

I don't have enough fiat to keep buying, but if I had, I would. Nothing to worry about guys, short term drops are normal in bull markets since price likes to retest fib lines.
sr. member
Activity: 1190
Merit: 256
January 10, 2021, 05:38:15 PM
#39
One of the top analyst who predicted BTC might go to 40k now says 50% of collapse is possible in near days, before few months he stated BTC price might rally at least 300%, on the other side JP Morgan says there are possibilities for 100k till the end of the year So what's next for BTC?
IMO just because his first prediction came to reality doesn't mean he's always right about everything, the crypto market is really volatile and unpredictable, you can really tell what might happen next, so that's his prediction for bitcoin movement it might happen and it might end up not happening its a 50/50 chance, but I seriously doubt if bitcoin will collapse 50% in the next few days as he predicted.
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Many people are desperately waiting to buy BTC in cheap price especially big whales because they are the one of want to fill their bags, I am curious to buy at half price from now.
History always repeats it self, the Fomo has began, you will normally see people been this desperate to buy bitcoin whenever they see it pumping insanely,lets just hope they don't get caught in the web if bitcoin eventually crash.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
January 10, 2021, 05:30:04 PM
#38
They've said their thoughts based on their analysis. For me, I think that the $100k in this year is possible. Maybe it won't be exactly $100k but Bitcoin could attain a price as high as that. Also, do not really follow what these people say; do not make investments based on others' thoughts. DYOR and make your own guess (it's all guess work anyway).
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
January 10, 2021, 04:37:51 PM
#37
It would be happened but you can't estimate the exact timing.
The market can't just grow unilaterally & the price might be go down, a correction can happen at any time but I don't think 50% collapse is possible. If market came down to 20K area again then it will become a fragile, People will continue to sell their holdings and that fragile market will not be able to achieve stability again in the next 5 years. so 50% down is insane, maybe we will see a correction between 35k to 30k price range.
full member
Activity: 602
Merit: 106
January 10, 2021, 04:23:12 PM
#36
Don't really know what the analyst takes for the event that causes the crash. I personally am pretty sure we are going to have a bit steeper BTC correction.

The drop that happened today is greatly tied to the Tether case and the interview/podcast with Paolo Ardoino https://www.whatbitcoindid.com/podcast/questions-for-tether.
Things are pretty shady with Tether atm and 15th January isn't the best news for them also.
sr. member
Activity: 1050
Merit: 286
January 10, 2021, 03:20:06 PM
#35
This time the price of bitcoin has risen at an unusual rate which is really unimaginable. Very soon maybe the price of bitcoin is going to fall again.  Now just waiting for that moment to come.
We cannot really predict when is that gonna happen, we should be alert, especially to those people who have still believed that the price will continue to rise up. Be aware that anytime the price can go down, being greedy at this point results in regrets in the end. It is normal when the price falls down since the crypto itself is volatile in terms of its value, the prices are not constant and it is changing time by time. It is still good that the new ATH doubles the last that happened in 2017.
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
January 10, 2021, 02:04:59 PM
#34
I don't doubt the fact there will be correction at some point but no one knows exactly when this is likely to happen,  if he says might crash 50% from current price that means we are looking at around 20k, if this happens many buyers will be waiting to scope more btc after seeing the recent performance and probably the demand might even push price upward.
Btc crash always takes alts along  Roll Eyes
Is the current price reduction or correction  is already happening? We are now decreasing price from 41k and since we are already 38k as of  this moment and even going down.
Talking about price of bitcoin would go down then its an inevitable thing.We cant just really expect for a market that would really be just continue to rise up.
There would be always a huge sell off or correction.We cant really just know on when it would happen.Price of btc is volatile and unpredictable thats why we should really be
careful on making up decisions because we might really being caught in the middle and might result on holding for more longer years.
sr. member
Activity: 1638
Merit: 261
January 10, 2021, 01:38:26 PM
#33
I don't think it will go as per predictions and there are predictions about Bitcoin throughout the year wherein some being negative and some being postive which changes as per market situation and for bitcoin wheter it surges or drops it will coincide with any of these predictions thus people start following he predictor. I think we shouldn't hurry in any decision making and let's wait for actual results then make our move at the earliest.
full member
Activity: 1610
Merit: 102
January 10, 2021, 01:30:44 PM
#32
Bitcoin price rises for a few weeks and there may be a downward trend for the market to stabilize. We all know that the price of Bitcoin is always volatile and it is slowly reaching new heights in its value. So it is not impossible that the price of bitcoin will fall through a big dump and create a new all-time high again. In this case, the most influential factor is panic, destabilizing the market by selling and lowering the price.
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