Sadly the losers that did not get on board are hoping to create a flash crash.
To them I simply say the 2001-2008 Dow Jones had a 7 year bull run.
So BTC can easily have a 2 or 3 year run.
So Oct 2020 to Oct 2023 could be the length of this run.
We a top over 100k as no problem at all.
So simply buy now before the fomo really hits.
Topic: We are going to lose 20% today (Read 537 times)
You're giving him what he wants, which is attention, so in his mind he wins:)
Yep! he's just giving on FUD, which may give him profit in the future, and have given goosebumps to panic sellers, it will surely give some chills to people that are not used to holding a big ton of Bitcoin or another cryptocurrency,
we are now on the March 20 2021 date and the price is still not going down to $45,000 USD it definitely rises to an all-time high of $60,000 USD and corrected back to $58,000 USD, in my opinion, it is always welcome for weak hands to sell their coins and we holders will take the profit later if it catches the momentum again.
It's actually easy to FUD, but what they don't realize is that if it's poor quality and ill-timed it only makes people like me feel more confident. If I were a trader and I had more money I'd be buying even more each time I see this kind of FUD because it tells me the small hands are all releasing.
Even if we do go to 45 so what, right?
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.
If you really are a trader it really doesn't matter when the price going down or up as long as you can make money from it some of them are making advantage to make a good profit like me don't just focus on one coin there's a lot of alternative coins which has a potential to increase too why only buying inside the box? when you can literally buy outside the box bitcoin is just a bitcoin do not worry about it as long as the price doesn't decrease into $10k then we are all safe from it and bitcoin is just going up anyway. The hype for the week is over.
No need to worry if we see Bitcoin price corrected until the price drops 20%, because this is normal for Bitcoin which is indeed very volatile
price movements. It was finally proven when Bitcoin managed to hit the ATH price of $ 61k, after that the Bitcoin price dropped to a price of $ 55k.
And now the price is starting to go up again to the price of $ 58k, and I believe that it will not be long before Bitcoin price can return to the price of
$ 61k again. My advice is to still believe in Bitcoin, however far down the price of Bitcoin, it will definitely go back up again.
price movements. It was finally proven when Bitcoin managed to hit the ATH price of $ 61k, after that the Bitcoin price dropped to a price of $ 55k.
And now the price is starting to go up again to the price of $ 58k, and I believe that it will not be long before Bitcoin price can return to the price of
$ 61k again. My advice is to still believe in Bitcoin, however far down the price of Bitcoin, it will definitely go back up again.
Next time try to research deeper before giving prediction like this because you have just become funny as the 20% you are talking about did not even get close to 5% .
You're giving him what he wants, which is attention, so in his mind he wins:)
But anyway, no amount of deep research will give you any closer clue to where Bitcoin is headed. This whole 2 weeks I saw from supposedly very advanced machine learning and deep insight signals that a big dump was coming too. Not 20% as this guy says but more than 10%. Signals were all in agreement apparently and RSI also suggested the same.
Even AI gets it wrong:)
which is one on the common supply and demand and next with typical news and events that are happening in the market. Lots of predictions had been burned out and also into those people who do able to get or
predict on where the price is heading then they do normally claim that they are pros.
Checking the price movement is this current week.We didnt really move that much.
Next time try to research deeper before giving prediction like this because you have just become funny as the 20% you are talking about did not even get close to 5% .
You're giving him what he wants, which is attention, so in his mind he wins:)
But anyway, no amount of deep research will give you any closer clue to where Bitcoin is headed. This whole 2 weeks I saw from supposedly very advanced machine learning and deep insight signals that a big dump was coming too. Not 20% as this guy says but more than 10%. Signals were all in agreement apparently and RSI also suggested the same.
Even AI gets it wrong:)
Yep! he's just giving on FUD, which may give him profit in the future, and have given goosebumps to panic sellers, it will surely give some chills to people that are not used to holding a big ton of Bitcoin or another cryptocurrency,
we are now on the March 20 2021 date and the price is still not going down to $45,000 USD it definitely rises to an all-time high of $60,000 USD and corrected back to $58,000 USD, in my opinion, it is always welcome for weak hands to sell their coins and we holders will take the profit later if it catches the momentum again.
Next time try to research deeper before giving prediction like this because you have just become funny as the 20% you are talking about did not even get close to 5% .
You're giving him what he wants, which is attention, so in his mind he wins:)
But anyway, no amount of deep research will give you any closer clue to where Bitcoin is headed. This whole 2 weeks I saw from supposedly very advanced machine learning and deep insight signals that a big dump was coming too. Not 20% as this guy says but more than 10%. Signals were all in agreement apparently and RSI also suggested the same.
Even AI gets it wrong:)
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.
So what's your Mirror ball says now? The hype for the week is over.
Does it accepts the misleading prediction ? Bitcoin did not even Fell down bellow 55k for the last 4 days after posting this/
Quote
Next time try to research deeper before giving prediction like this because you have just become funny as the 20% you are talking about did not even get close to 5% .
look at the price now >>>>>>>
Bitcoin
BTC
$57,949.94
Is this the 20% losing?
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.
The hype for the week is over.
What do you mean hype for the week?
Bitcoin has been hyped up since the very beginning of the bullrun. If you're trying to say Bitcoin will drop 20% within the same day, it's not called the hype is over, instead it's a price correction.
Just a piece of advice, It could be more interesting If you have supported your claims with your technical analysis or whatever market analysis you have.
which it isnt surprising.This is a free market where anyone could shout out their analysis without any basis or to those someone who do have some overapplication of TA's. lol
Why would really be that too scared or afraid when it comes to price correction or dips? Instead seeing these events would really be an opportunity for you to
buy cheap coins and you might not see those prices again. 20% down isnt something that we can see on day to day basis.
Bitcoin's drop to $ 55k a few days ago did panic some Bitcoin holders, but Bitcoin support price was very strong at $ 55k and finally Bitcoin
managed to go up again to a price of $ 58k. Right now Bitcoin is trying to cross the resistance price at $ 60k but it's still failing, if this week
Bitcoin is unable to pass the resistance price. I predict Bitcoin will sideaway at a price of $ 55k- $ 58k, I hope that in the near future there
will be positive news regarding Bitcoin which can help Bitcoin pass the $ 60k resistance price.
managed to go up again to a price of $ 58k. Right now Bitcoin is trying to cross the resistance price at $ 60k but it's still failing, if this week
Bitcoin is unable to pass the resistance price. I predict Bitcoin will sideaway at a price of $ 55k- $ 58k, I hope that in the near future there
will be positive news regarding Bitcoin which can help Bitcoin pass the $ 60k resistance price.
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 will never lose if you hold strong, you know there are a lot of factor that affect the market price and it is already happening over and over again and again. If you are an investor you must choose the coin that you wanted is it the slow moving or fast moving, if you cant hold for a long time there are coins that is for you prefer on some altcoin. But if you can hold or long time bitcoin is a good one. The hype for the week is over.
Sorry (otr) kid.
Prediction fail.
Listen to the more experienced and try again,
Prediction fail.
Listen to the more experienced and try again,
no problem, I even thank you that bitcoin might fall 20%, because I sold some and will buy again,
oh but unfortunately the price of bitcoin has increased again, yes that's a good thing,
and of course I buy back again when there is a bullish sign that is happening.
You do realize that we not only didn't reach 45k, but even went up and now above 58k as well right? Guys go check OP's account, his last message was saying bitcoin will be 45k and he didn't message for days since. It is obvious that we should not be considering anything remotely close that level happening anytime soon and it is obvious that OP was a troll as well. Obviously the topic looks like a serious discussion, will we be 45k or will we not fall that much, that is a good topic to discuss, but do not be fooled by trolls and speculators.
I honestly think that there are people out there in the world who buy bitcointalk accounts, buy twitter accounts.. well "rent" them and just make it say that bitcoin will go down, if thousands of people both here and on twitter and other social media places start talking about how bitcoin will go down, people may believe that, do not be fooled that easily.
I honestly think that there are people out there in the world who buy bitcointalk accounts, buy twitter accounts.. well "rent" them and just make it say that bitcoin will go down, if thousands of people both here and on twitter and other social media places start talking about how bitcoin will go down, people may believe that, do not be fooled that easily.
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.
The hype for the week is over.
Bitcoin price now is trying to back to $60k level after it reaches $55k or lower price, but I think we need to wait for a while because it seems hard to break on that price. But I think the hype is not over. Maybe it is over this week, but I guess that the price can have more chances to increase in the next week. So this time can be the last time to buy bitcoin at a good price, but if you are not sure if the price is not increased again in the next week, you can wait for a while.
Exactly, every time bitcoin is down people think it's already a correction but actually just a minor pull back for a possible higher price. Look at bitcoin now, it's already trading $58k and who knows it will soon pump to $60k and will create a new ATH again.
Bull run is still active, any dump is not serious as the uptrend is still happening.
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.
The hype for the week is over.
What do you mean hype for the week?
Bitcoin has been hyped up since the very beginning of the bullrun. If you're trying to say Bitcoin will drop 20% within the same day, it's not called the hype is over, instead it's a price correction.
Just a piece of advice, It could be more interesting If you have supported your claims with your technical analysis or whatever market analysis you have.
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.
The hype for the week is over.
LoooL cant wait to see you selling your BTCUSD to me
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.
The hype for the week is over.
It doesn't happen, you are wrong, instead of dump it's the opposite is happening now.
Bitcoin is trading at $58k and it looks to touch $60k again and might have a run from their and will have a new ATH. It's hard to bet against the current trend, when the market is bullish, I'd prefer to accumulate when it dump as it will get back up anytime soon.
Why so many people predict prices without any knowledge?? This is must be stopped.
because there are two types of guessing or predictions , one is educated and one isnt . i believe that you already know the difference between the two and no need for me to write their definition . let them keep guessing , they will only get tired of failed guesses and there is no real harm with that to us that know if what most case will happen .For old members in cryptocurrency, they can't be manipulated but for newcomers this is will danger, maybe they will trust it and start to sell their Bitcoin to prepare buyback, but in the fact, the price keeps increasing.
If you hold Bitcoin you don't need to worry
we cant avoid manipulations even if we are old members , im talking about market manipulations because it happens in btc and top coins too . no problem if newbies sell as long they are in profit and they can always wait to buy back again If you hold Bitcoin you don't need to worry
Sorry (otr) kid.
Prediction fail.
Listen to the more experienced and try again,
Prediction fail.
Listen to the more experienced and try again,
Why so many people predict prices without any knowledge?? This is must be stopped.
Unfortunately, they won't stop, just the nature of the market, there will be a lot of fear mongers around. You have to accept that fact. But the thing is that bitcoin has proven them wrong many times already.
For old members in cryptocurrency, they can't be manipulated but for newcomers this is will danger, maybe they will trust it and start to sell their Bitcoin to prepare buyback, but in the fact, the price keeps increasing.
If you hold Bitcoin you don't need to worry
If you hold Bitcoin you don't need to worry
True, that's why we have to counter the wrong argument in the beginning and tell newbies not to panic and push the sell button because obviously this is just FUD. Right now we have seen the price bounce around 3%-4% after the dip that we have seen 2 days ago.
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.
The hype for the week is over.
What is this based on. A 20% drop when no indication of a massive drop incoming is a bold statement. Can it sure but why today. These threads pop up all the time and I mean one of them will be right just by mere statistics but it doesn't mean anything. Why keep posting these threads?
I reached the point of wanting to be able to move all new bears threads to archive section.
They clog up 🆙 speculation section with a lot of nonsense.
I will simply say the stock market 📈 the dow jones index had a prolonged bull run from 2001 to 2008.
So to talk bear here when indeed we may be entering the longest bull run ever for btc is not very responsible.
But what do I know not much.
Why so many people predict prices without any knowledge?? This is must be stopped.
For old members in cryptocurrency, they can't be manipulated but for newcomers this is will danger, maybe they will trust it and start to sell their Bitcoin to prepare buyback, but in the fact, the price keeps increasing.
If you hold Bitcoin you don't need to worry
For old members in cryptocurrency, they can't be manipulated but for newcomers this is will danger, maybe they will trust it and start to sell their Bitcoin to prepare buyback, but in the fact, the price keeps increasing.
If you hold Bitcoin you don't need to worry
You have a wrong prediction I guess, if you make short entry then you will get a huge loss. In fact bitcoin price is going up and now its price is closely to $60.000 as its previous all time high.
Seem like the market sentiment will be bullish again, I see in one hour time frame bitcoin price was increasing $1000 with the bullish engulfing candle. This will give an indication that the bullish market will be back again.
Indeed, a few days ago I have the same prediction to you because its price just failed to break the strong resistence that I think if its price back to the box again then the bearish market will come. But, I was wrong its price just passed the box for the second time and I think it has given indication to increase more than now.
Seem like the market sentiment will be bullish again, I see in one hour time frame bitcoin price was increasing $1000 with the bullish engulfing candle. This will give an indication that the bullish market will be back again.
Indeed, a few days ago I have the same prediction to you because its price just failed to break the strong resistence that I think if its price back to the box again then the bearish market will come. But, I was wrong its price just passed the box for the second time and I think it has given indication to increase more than now.
Another failed magic crystal ball thread.
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.
The hype for the week is over.
That's alright, nice opportunity for those who still waited for cheaper btc price and also for other promising coins to invest. If that predictions will come sooner, don't hesitate to buy during the dip because fluctuations during this time will randomly happening. We may not notice and it will suddenly bounce back and recovery is too fast.
20% is very deep, if you play in the spot market you shouldn't sell it, because it will make you lose a lot,
but if you play on futures, stop losing must be used, look at yesterday the cryptocurrency fell sharply,
and now prices are starting to recover again. , that's the importance of hold.
but if you play on futures, stop losing must be used, look at yesterday the cryptocurrency fell sharply,
and now prices are starting to recover again. , that's the importance of hold.
As suddenly as it began it was over, the larger moves require more time to really sell and this iteration was not the large sell speculated by OP. We have had the sell and that trend is broken in two places now and we are through that pattern of selling, a future pattern may once again deliver something else but for now the mood is higher with no special amount of selling pressure apparent.
I'm not going to bother to add any drawn trend on this graph as the conclusion is simple enough, we are through the weekly average today where as yesterday it failed and marked the top of that action on 4hr bars. Near term theres a target upside of 59k or so and downside I presume the market wants to stay above the weekly average at 57k to confirm the bullish action . On the lows we have a higher low which generally fits with the end of this particular sell phase, the low today because of this was a buy.
I'm not going to bother to add any drawn trend on this graph as the conclusion is simple enough, we are through the weekly average today where as yesterday it failed and marked the top of that action on 4hr bars. Near term theres a target upside of 59k or so and downside I presume the market wants to stay above the weekly average at 57k to confirm the bullish action . On the lows we have a higher low which generally fits with the end of this particular sell phase, the low today because of this was a buy.
2 days has passed and if OP was right, I will be one of those people that will start to believe his takes about the market. But sadly, the opposite did came and bitcoin recovered instead and has stepped again in $58k.
Remember all those people who sold in bunches during the last correction? Those people were afraid that bitcoin would go back under 10k, there were topics about bull run ending, there were people saying we are definitely going under 20k this time, what happened? We broke ATH in a week.
There could be a reason that the time permits that they should sell because of some circumstances that they're facing. Whenever I sell, even if the price isn't good, I'll definitely but it won't be the reason that because I'm panicking. But mostly, you're right with many of them that sold. 
I love these kind of topics, and here we are, at the end of the day, we are at 55k and didn't move, that was just one drop and we didn't dropped any longer. It doesn't matter if it drops to 45k today or tomorrow or a week from now, this topic itself is wrong, why? Because it said today and it failed already, from now on he can't dance around and say "I was wrong just 2 days" or whatever, that is still wrong, I can say "we will be 50k in a day" and if we see 50k in a year that would be still wrong. Long story short bears will try to do whatever they can to stay bear, but they are going to keep being wrong as well.
Remember all those people who sold in bunches during the last correction? Those people were afraid that bitcoin would go back under 10k, there were topics about bull run ending, there were people saying we are definitely going under 20k this time, what happened? We broke ATH in a week.
There are lots of people who do have this kind of behavior which i can say that it isnt really that surprising because due to very unpredictable characteristic of this market then you would really be Remember all those people who sold in bunches during the last correction? Those people were afraid that bitcoin would go back under 10k, there were topics about bull run ending, there were people saying we are definitely going under 20k this time, what happened? We broke ATH in a week.
having those kind of feelings and thoughts to be generated once you do saw some price decline specially when you are just noob into this place.
Seeing 20% decline in price isnt something that you should really panic on yet there are even worst case scenario that it can drop way further than that which would really leave you
in panic if you arent aware.
People does have 2 sentiments from time to time its up into your experience on how to handle up things.
I love these kind of topics, and here we are, at the end of the day, we are at 55k and didn't move, that was just one drop and we didn't dropped any longer. It doesn't matter if it drops to 45k today or tomorrow or a week from now, this topic itself is wrong, why? Because it said today and it failed already, from now on he can't dance around and say "I was wrong just 2 days" or whatever, that is still wrong, I can say "we will be 50k in a day" and if we see 50k in a year that would be still wrong. Long story short bears will try to do whatever they can to stay bear, but they are going to keep being wrong as well.
Remember all those people who sold in bunches during the last correction? Those people were afraid that bitcoin would go back under 10k, there were topics about bull run ending, there were people saying we are definitely going under 20k this time, what happened? We broke ATH in a week.
Remember all those people who sold in bunches during the last correction? Those people were afraid that bitcoin would go back under 10k, there were topics about bull run ending, there were people saying we are definitely going under 20k this time, what happened? We broke ATH in a week.
Seems a fair call on the mood but not the magnitude especially or the momentum downwards. I dont think its moving that fast or is especially forced rapid selling, we may form a trend downwards but only then will I be especially negative because its taken a fairly long and winding road upto the top which is not how 2017 was especially. Seems alot more considered in its rise this time so a pullback I dont mind and just hope I get when its exhausted the selling because it still seems possible it can rise rather everyone has already given up or the rise was too fast to form any strength at all.
The lows today have been a fair point for it to rest and possibly find support, dont know just yet. However if it continued and needed to check prices lower then I think the monthly average would match prior action sideways which often means enough volume to arrest a fall and give that support scenario. Thats about 50k or so 51k area, thats just a rough guess with previous bars topping out there it can be a support area in my experience.
The lows today have been a fair point for it to rest and possibly find support, dont know just yet. However if it continued and needed to check prices lower then I think the monthly average would match prior action sideways which often means enough volume to arrest a fall and give that support scenario. Thats about 50k or so 51k area, thats just a rough guess with previous bars topping out there it can be a support area in my experience.
Yeah the forced rapid selling is very critical to point out because this is less of a panic from the masses, but a serious attempt by the bears or those maybe holding futures contracts.
This is a much slower and more patient rise to the top, definitely not the crazy 2017 swing. So it's good news for the bulls I feel, that there is a lot more space to go up into.
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.
*can we please not create a new topic every time the Bitcoin price corrects a little 'lol'...The hype for the week is over.
btw, if someone says the correction this time happened because India announced a Bitcoin ban then they were wrong, this is a reasonable correction and was common before the Bitcoin price bounced up.
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 will soon be proved wrong mate. BTC will never go below $50k.The hype for the week is over.
Soon it will reach $75k
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.
No, I didn't see bitcoin drop 20% and goes down and settled to $45k. On the contrary, it seems that $55k is holding strong at the moment, but we have to wait at least at the end of the week to validate what you are saying here. As for the hype, bitcoin is always been hype, regardless if it's going down though, there are still retail and institutional money flowing in. So far, in the last two months, the price went to 23%-26% and yet we still get to $60k this month. The hype for the week is over.
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.
The hype for the week is over.
It is not always the bullish times. Bear are always waiting for their turn. If 20% down will gonna happen, I will not be surprised but isnt too fast to be dumped that big? If it can hold the price and won't go down below $53, we can still have hopes of keeping it's price at $50k. However, the market seems still have a lot of surprises. Other predicted bitcoin to go up to $73k if it will continue to hold at least $60k.
20% is too too deep to drop. Also, a speculation need a base statement or analysis. You can't just saying the price will rise or drop just because something inside your head said that.
And now after 24h, the price is stable at the level 54k
And now after 24h, the price is stable at the level 54k
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.
The hype for the week is over.
bear is very weak, even though the Bitcoin price corrected to $ 55k, but the price will rise again at a later date, believe me !,
why? because we are in a bullish season, and the dominance of bitcoin is still showing a high number of 60%, this is an indicator that the price of Bitcoin will still continue to rise, if the dominance drops deep then the bullish for bitcoin ends and a bullish turn or altcoin season begins.
It is normal that after Bitcoin managed to rise to the ATH price of $ 61k, now there is a correction to the price of $ 56k, meaning it has dropped
by about 8%. There's no need to panic seeing this happen, I'm sure the price support at $ 55k will be strong enough to keep Bitcoin price from
falling further. So keep calm for Bitcoin holders, because my prediction is still unchanged that this month Bitcoin will hit a price of $ 70k.
by about 8%. There's no need to panic seeing this happen, I'm sure the price support at $ 55k will be strong enough to keep Bitcoin price from
falling further. So keep calm for Bitcoin holders, because my prediction is still unchanged that this month Bitcoin will hit a price of $ 70k.
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.
The hype for the week is over.
But why? Is there any base for your claim or you are saying it out of thin air? Btc cannot drop like that overnight and there must be very strong selling pressure to make that happen. I know that I cannot deny all the old action that took place on btc after new ath were created, and I am also surprised what made btc drop to $55k but seriously, it cannot drop there.
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.
The hype for the week is over.
What is this based on. A 20% drop when no indication of a massive drop incoming is a bold statement. Can it sure but why today. These threads pop up all the time and I mean one of them will be right just by mere statistics but it doesn't mean anything. Why keep posting these threads?
I see Bitcoin price today still at $56K, and I don't see a sign for a dump to $45K as OP say. I don't know what the reference of this thread. Don't say you make this thread because of the reference is "Bitcoin ban in India" lol. Or Op just tries to spread fud. I think he is in the wrong place
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.
The hype for the week is over.
op
and we are at 56k so far you look like a " pick a choice of words as I rather be polite."
I predict 77,777.77 before april fools day .
so you pretty much look like a loser with your guess lets see how I look on april 1st.
btw I pick 77,777.77 as it is 7 7's no other than that.
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.
No analysis, no news, your statement is nothing. Many people say will drop, will dump, over, etc but Bitcoin keep going uptrend, Before reaching $60K, I never see an analysis that say "Today will reach 60K" but we can reach it without warning, this means unpredict, so maybe you predict will drop, but actually unpredictable, And for an investor like me it does not truly take effect The hype for the week is over.
Seems a fair call on the mood but not the magnitude especially or the momentum downwards. I dont think its moving that fast or is especially forced rapid selling, we may form a trend downwards but only then will I be especially negative because its taken a fairly long and winding road upto the top which is not how 2017 was especially. Seems alot more considered in its rise this time so a pullback I dont mind and just hope I get when its exhausted the selling because it still seems possible it can rise rather everyone has already given up or the rise was too fast to form any strength at all.
The lows today have been a fair point for it to rest and possibly find support, dont know just yet. However if it continued and needed to check prices lower then I think the monthly average would match prior action sideways which often means enough volume to arrest a fall and give that support scenario. Thats about 50k or so 51k area, thats just a rough guess with previous bars topping out there it can be a support area in my experience.
The lows today have been a fair point for it to rest and possibly find support, dont know just yet. However if it continued and needed to check prices lower then I think the monthly average would match prior action sideways which often means enough volume to arrest a fall and give that support scenario. Thats about 50k or so 51k area, thats just a rough guess with previous bars topping out there it can be a support area in my experience.
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.
As usual, i do really able to find out another thread for this day talking about this drop.Is this something you do still get shocked on? The hype for the week is over.
We can swing up as worst as 30% or even lower and this isnt something new into this market this is why on the time you do make out engagement into this place
then you should really able to accept that situations like this could really happen anytime and instead on having those kind of negative feelings then why wont see this
as a situation for you to make some buybacks? Maybe this is the price that you might possibly see the last.
By the way, Pancakeswap is now having an attack problem. Does panic arise from here?
altcoin related stuff never affect bitcoin market ever. specially when the incident is coming from some DEFI and the scams that come with them.
if that were the case then bitcoin would have dumped every hour.
It is going back to $57k again, assuming that we lose 20% but we recover also the same, and I think we don't need to worry about it. Have to think that not all the time the market at high, it sometimes goes down and back high again.
I expecting a long-term bullish this time. Though it happens that it might drop $45k still the price is high compared to what 2017 Bullrun ended. That $40k to $50k is sustainable, IMO.
At the beginning we saw the same thing when bitcoin underwent a brief correction, now when it has reached a new ATH and is now experiencing a decrease so I think this is natural even with 20% we can still see how the fundamental movement is when the correction is still happening, is this an opportunity should we prepare? to see the Bullish we are expecting the same length will still be I think the journey will not be as smooth as we imagined it so still when it drops by 5-10% it will be a panic, even I already think it is a common thing that often happens in today's trends.I expecting a long-term bullish this time. Though it happens that it might drop $45k still the price is high compared to what 2017 Bullrun ended. That $40k to $50k is sustainable, IMO.
By the way, Pancakeswap is now having an attack problem. Does panic arise from here?
there is just no way price could break the $50k support and go below it let alone continue to fall another $5k down to $45k under any normal situation and right now there is nothing going on to create any kind of newbie panic sell and cause a big drop.
the drop we had so far is very simple scenario that price couldn't last above $60k and the profit taker day traders are taking their profit out.
the drop we had so far is very simple scenario that price couldn't last above $60k and the profit taker day traders are taking their profit out.
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.
The hype for the week is over.
No. Just no. What you just described happened a few weeks ago. Market has since recovered from the correction. This is just consolidating a little bit after the quick move from 50k to 60k during that recovery. Likely driven by the india ban news getting more credible. Likely just bottomed at $54k, will be back over $60k by end of week if not sooner.
correction is common, I see this year is already different when 2017 when bitcoin is considered a bubble, this year there are large companies that come in to buy bitcoin invest with great value. I think that is the power of bitcoin at the moment, it is very difficult to make bitcoin go down as low as possible.
Before we only rely on speculation since only whales were considered manipulators but now big companies will not let their investment to get too low since their just started targeting big companies, even the drops may happen it doesn't mean it will not get back in setting new ATH again. It will be faster than 2017 pum and 2018 too slow recovery. 
~snip~
Speculation is allowed for everyone, but when you write that BTC will lose its value by 20% by the end of the day, it should be supported by something concrete. In the last 24 hours, prices have fallen by about 6%, and this is something completely normal - it can fall by another 6% or even 20% - but this is important only for those who trade on a daily basis.
What is clearly visible is that each new level (whether it is $40k or $60k) is tested several times before it is successfully broken - and if I'm not mistaken, the first time we reached $58k, now at over $61k, and maybe the third attempt will be successful and keep the price above $60k.
I know many want some big correction to happen to refill their bags, but don’t be fooled that 2021 is in any way similar to 2018.
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.
The hype for the week is over.
I can't believe how scientifically deficient your analysis is. 20%? What kind of math are you using? It will be > 20%. It's easy to confirm this if you know perfect maths and science.
-snip-
Regarding the price drop, I don't care. I'm still holding and yawning. If you go long term, small fluctuations like this are no big deal.
Me too, its a good plan to just HODL and be patient because you know what?
It will go back up, this is the current trend.
I'm just a little annoyed because I dont have much spare FIAT to avail of the Bitcoin SALE price.
Try to look at this,
source: https://www.tradingview.com/symbols/BTCUSD/
It is going back to $57k again, assuming that we lose 20% but we recover also the same, and I think we don't need to worry about it. Have to think that not all the time the market at high, it sometimes goes down and back high again.
I expecting a long-term bullish this time. Though it happens that it might drop $45k still the price is high compared to what 2017 Bullrun ended. That $40k to $50k is sustainable, IMO.
source: https://www.tradingview.com/symbols/BTCUSD/
It is going back to $57k again, assuming that we lose 20% but we recover also the same, and I think we don't need to worry about it. Have to think that not all the time the market at high, it sometimes goes down and back high again.
I expecting a long-term bullish this time. Though it happens that it might drop $45k still the price is high compared to what 2017 Bullrun ended. That $40k to $50k is sustainable, IMO.
correction is common, I see this year is already different when 2017 when bitcoin is considered a bubble, this year there are large companies that come in to buy bitcoin invest with great value. I think that is the power of bitcoin at the moment, it is very difficult to make bitcoin go down as low as possible.
I like speculation topics but you never get anything clear. You would like to know the future price but there is no algorithm to determine it, so you can only speculate and speculate.
Regarding the price drop, I don't care. I'm still holding and yawning. If you go long term, small fluctuations like this are no big deal.
Regarding the price drop, I don't care. I'm still holding and yawning. If you go long term, small fluctuations like this are no big deal.
We are already witnessing 6% drop in prices and now btc prices are $56k but we could not possibly see such drop of 20% in a single day as this is not a crash situation in the market which can cause such drop in prices.Then again investment in prices will lead to cover such loss and push the prices above $60k soon again.So don't worry about such drops and have you any mathematical proof of your deductions of 20% dip?Be positive about its growth and try to ignore these normal dips.Invest in these times not asking people what will happen next.
I agree with you mate, that we must think positively about the growth of bitcoin, because the decline will actually make bitcoin go higher. there could even be a surprise that renewable ATH could be formed.don't be afraid of the decline if we believe that bitcoin will increase.
corrections made so far by bitcoin are commonplace and there is no excessive worry because after that bitcoin will increase again, this is an advantage for those who make daily transactions, they will get a decent profit. where up and down by a sizable margin can be easily obtained.
I reckon the East Coast of the US is waking up about now and getting to work spending some of that stimulus cash on Bitcoin
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.
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.
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.
We are already witnessing 6% drop in prices and now btc prices are $56k but we could not possibly see such drop of 20% in a single day as this is not a crash situation in the market which can cause such drop in prices.Then again investment in prices will lead to cover such loss and push the prices above $60k soon again.So don't worry about such drops and have you any mathematical proof of your deductions of 20% dip?Be positive about its growth and try to ignore these normal dips.Invest in these times not asking people what will happen next. The hype for the week is over.
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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.
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.
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.
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.
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?
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.
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.
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.
The hype for the week is over.
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