Topic: the next checkpoint $13,800 - page 3. (Read 432 times)

Only scenario I see going to 13.8k or more likely down to $0 is, if Klaus Schwab and his WEF gang start their cyber pandemic (they simulated it on July 9th 2021, just like they simulated covid outbreak (event 201) months (October 2019) before the actual covid outbreak) where the internet will not be accessible for weeks/months, leading to a global chaos, food shortages etc. Then they will blame it on Russian hackers and will give people only access to the internet with a digital ID passport. Cloudflare CEO agreed on this already. They will track each step you do, what websites you visit etc. And this time legally, since, just like Covid, its an global emergency. It is to protect you. Its for your safety. Just like any crisis before, the governments need to create a crisis to implement new laws that could not have been implemented without that crisis.

Thats when crypto will become worthless, since there will be no more privacy. Thats their only chance to destroy crypto. And earlier or later they will do this. You read it now daily on the news, that major websites are down, more often the internet is not accessible, sometimes your mobile is not working etc. Its them. They preparing people to whats coming. But involved media is telling people its once again the evil Russians.

Yeah, no way.

In the highly unlikely event that this were to happen, I believe that all the predictive models we have seen so far would have to be rethought.

Anyway, the main point of the OP is that we are at a price level that in a few years we are going to consider a bargain, and that it is a very good time to buy.

On that I do agree.

Bitcoin price will be hard to drop below $ 25k...

I see that the current BTC price is very stable, the news that made the price of BTC bull run has still not been heard. The discussion that was carried out by Jack Dorsey and Elon Musk last day made the price of BTC strengthen, I am positive that until the end of this year we will see the new ATH of BTC.

I hope that we won't touch that point again but if it does, I will be happy to embrace the fact that we will get there again, I mean that's a better buying opportunity than 20k right?

HFSP

We are not going anywhere near $13,800 ever again.

If that is so, I will prepare more money to buy at that level
But I am not sure if the price will jump so fast to that level price because even bitcoin price is down, it will go step by step but there is a chance to get a dump from panic people if the price reaches below $30k.
Hopefully, the price will not down below $30k and only resist the current price.
But if the price really down below $30k, maybe the price can touch $25k but it will no happen in a short time.

Yeah, it's good to spread our investments. I don't think that it's good to buy at only one specific level. Because it's a big risk as the price can fall a great deal. It's better to buy at different levels to manage our investments more effectively. We can make more profit because of doing it.

What I can see also now is the same as last month when Bitcoin is battling for closing above $40,000 for monthly close, but look how it devastated when fails to close above $40,000. And now look at the bounce when we touched $29,000. It keeps bouncing above $30,000.
But, we will not celebrate early. Monthly close is still important for this July, if Bitcoin will close above $30,000, bullish.
OP got a point now especially comparing the price of June 2015 and February 2019.

30k Is a support because of:

1- 01.2021 correction bottom
2- BTC @30k is exactly testing 2017 ATH if we adjust price USD money supply change in 2017-2021 - Just heard about it from BenjaminCowen
3- Hate to say that but - Elon buy zone

Currently, BTC is a great short term buy (32-40k recovery) moderate mid term buy (risk of falling to 20k and beginning of 1-3 years of bear market), great long term buy (after 10 years people will laugh from 30k sellers)

market has been manipulated and it becomes very unpredictable, but i believe 30k above is the real checkpoint because 29k is already tested since the hard decline but now it keeps holding at the current value and it's been how many attempts to break through actually but good to see it has a strong support .. Lastly for me indicators nowadays are not accurate anymore unless if you use most of the popular wherein tested indicators because on that way you can really tell that there's a possibility to go below the current price in the future, but if you base in just one tools perhaps it's not a good reason to trust. Too good to be true..

all markets are manipulated and no one is honest. the fall of bitcoin from $ 64,000 to $ 28,000 was very painful for investors, especially if you expect bitcoin to go down $ 13,800 it hurts like a knife in the heart.
since it's called a market, I think the $28,000 drop rate is enough and it's full. it's time bitcoin can go and no need to look back again.

It's a manipulated market so they say. If they could drag the price down to $13,800, more poor people will come and take the buying opportunity, and then poor people get to be rich, they don't want that to happen. It has to go $30,000 for it to be not too affordable. Its still unsure where it could go, $32,000 is too low to say we are out of the woods.

But volume is getting lesser in the range of $30K, its time to move the market up to boil the blood of the traders. Keep them awake.

Don't you think $13,800 is too low? I cannot imagine any big reason why the price could fall down that hard, especially because the price has already reached as high as $64,000. If that happens, that's definitely posing more danger and risk.

Anyway, those who have bought more when the price was below $30,000 have already made good gains as the price is already approaching $33,000 right now. I guess $33,000 could be reached any minute from now.

Now is the best time.
Buy it once a month to spread the cost.
As long as the holding time is long enough, there is no fear of bull and bear markets.

Very rarely has bitcoin price gone below the 200 WMA and when it did it has recovered after a month or two. Not sure why $30,000 seemed to be checkpoint that took some time to go through other than it is a round number and maybe people had positions at that mark. Anyhow I see no reason why it cannot fall to the current 200 wma ($13,800?) after maybe slowing at $20,000 for the same reason as $30,000.

So I think bitcoin at its current price ($29,000 ish) is great buying but if people spread their buying out a little over time (next few months?)  I think they will benefit even more.

To me this $12,000-$29,000 is the same opportunity we were all afforded when bitcoin was last "cheap " at about $250 in June 2015 and about $3,300 in February 2019.

Arguably with bitcoin on average doubling every year any time is good buying but now is a superb time to buy. And who knows when or if ever again the stars will be so aligned.

(this is not financial advice)