We are going to lose 20% today - page 4.

suzanne5223

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Quote from: Beparanf on March 15, 2021, 07:22:14 AM

Quote from: otrkid1970 on March 15, 2021, 07:17:56 AM

BTC is at around 55k right now but by the end of the day we will see a 20% drop. It will settle around $45k today.

The hype for the week is over.

It's possible but not guarantee especially when microstrategy and other investment company will bag few Bitcoin on this drop. Everyone says this kind of prediction when BTC failed break 58K last Sunday for the second time claiming it was double bottom. But a series of good news turn the table and pump to 60k above. Chart is not working properly anymore on Bitcoin.

The dump in price is not guaranteed as you said because the resistance level in the current market momentum is not yet certain but MicroStrategy and other investment companies are not the only whales investors we have in the market and judging by what I read yesterday the Microstrategy guy bought two days ago and they shouldn't be expected investment again this soon.

xenon131

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Quote from: otrkid1970 on March 15, 2021, 07:17:56 AM

BTC is at around 55k right now but by the end of the day we will see a 20% drop. It will settle around $45k today.

The hype for the week is over.

You were losing nothing unless you bought at 60k. Those who bought at ~6000 - 7000 last year still have a big gain. Bitcoin is extremely volatile currency and one have to get used to it and not make a fuss over every price rise or fall. AFAIK, traders are happy with BTC being on a roller-coaster ride.

NeuroticFish

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Quote from: otrkid1970 on March 15, 2021, 07:17:56 AM

but by the end of the day we will see a 20% drop

Unless you have a crystal ball or can do time travel, you can be right and can be wrong.
However, this topic should be moved to Speculation board.

However, what you expect to happen with Bitcoin price when the Americans with money put aside see that the Stimulus money make their deposits worth less? Fall? Really?

Beparanf

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Quote from: otrkid1970 on March 15, 2021, 07:17:56 AM

BTC is at around 55k right now but by the end of the day we will see a 20% drop. It will settle around $45k today.

The hype for the week is over.

It's possible but not guarantee especially when microstrategy and other investment company will bag few Bitcoin on this drop. Everyone says this kind of prediction when BTC failed break 58K last Sunday for the second time claiming it was double bottom. But a series of good news turn the table and pump to 60k above. Chart is not working properly anymore on Bitcoin.

otrkid1970

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BTC is at around 55k right now but by the end of the day we will see a 20% drop. It will settle around $45k today.

The hype for the week is over.

Topic: We are going to lose 20% today - page 4. (Read 524 times)