What will be the lowest price of bitcoin from June to December 2021 - page 2.

RealMalatesta

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Quote from: erep on July 16, 2021, 10:01:50 AM

The history of the lowest bitcoin price decline since reaching ATH last April at the price of $28k and if the price continues to fall then my prediction is below $25k, there is no definite prediction even though it connects the price history of one or several years ago but the certainty of the price of bitcoin has scored ATH from year to year.

I do believe that after we broke down under 28k we could see as low as 20k, not just 25k because there is a huge resistance there but the 25k is not that huge which means it depends on the type of fall we have, maybe we will have a huge fall that will change everything or maybe we will have a small one and if it is small then 25k can hold it but if it is huge then 20k could probably happen a lot easier.

What I believe is 20k because even if we have a small drop to 25k then we will retest that level again and again until we break it because it is such an easy one to break. But that is only if we are doing bad, I believe that we will not be doing bad and instead we will be doing a lot better than people expect, we will not drop under 30k again for a long time, that is what I believe will happen, but I could be wrong and maybe it will fall who knows?

Baofeng

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If my memory serves me right, $28k is the the bottom that we've seen. So I would say for now that will be the price and I doubt that we will go down to $25k.

We are in the period of consolidation, and usually around this cycle, the price are not going down so hard or any flash crash. It's just it will go on a sideway patterns for quite a long time. Before eventually break out runs to $40k-$50k. A lot of positive things can still happen this year, so I'm still optimistic, we just have to be a little patience.

ILuckyGuyI

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I think the lowest price we will see in this year will be $25k. Now it continues to decrease. And when it goes down below $31k, I'm expecting to see levels between $25k and $30k also. And this time I think it will continue to fall until reaching $25k. And then, it'll be the last station. I hope to see the price starting to increase quickly again. And it could even mean that the end of this bear market.

Silberman

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Quote from: Tellek Garing on July 14, 2021, 12:54:49 PM

What did you think can be the lowest price of bitcoin in 2021 from June to December. The price of bitcoin has been within $30,000 and $35,000 for long, if the price go beyond $35,000, it is not still passing $40,000. Now that the price is always very close to $30000, I am think it is possible for the price of bitcoin to go below $30000. Is it possible for the price of bitcoin to decrease beyond this level?

Everything is possible, this is bitcoin that we are talking about, in my opinion the lower price that we could see is 20k and if for some reason it went below that then all bets are off as we will be in very dangerous territory and the crash could be unprecedented on its magnitude, at least in the recent history of bitcoin, however I do not think there is a lot of chances for this to happen and instead we are going to see a recovery and a new bull market at the end of the year.

erep

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The history of the lowest bitcoin price decline since reaching ATH last April at the price of $28k and if the price continues to fall then my prediction is below $25k, there is no definite prediction even though it connects the price history of one or several years ago but the certainty of the price of bitcoin has scored ATH from year to year.

DatKing

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First of all, I don't expect the price to fall below $20k in any condition. I think that those days have already been left behind. But I'm pretty sure that we will see a price less than $29k soon. It's just preparing for it as it seems.

el kaka22

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Everyone jokes about how nobody knows what price will be, however we can at least assume something right? I am not saying that it will happen that way but it is definitely looking like we could assume price going up, or you could just assume it may go down as well it is all up to you. Nobody tells you to find the exact price of bitcoins lowest point, nobody can do that, we do not have the power to see the future, if I knew that I would sell my house and buy bitcoin at the lowest point and get super rich.

However making assumptions are part of the "speculation" topics, we are in the speculation part of crypto and I believe it is definitely reasonable to just make some predictions here, doesn't have to be correct, doesn't have to be right, just make a prediction if you think it will do X or Y. I believe it will go up and we have seen the price at lowest already, but I might be wrong, that is only my prediction.

Hamphser

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Quote from: Tellek Garing on July 14, 2021, 12:54:49 PM

What did you think can be the lowest price of bitcoin in 2021 from June to December. The price of bitcoin has been within $30,000 and $35,000 for long, if the price go beyond $35,000, it is not still passing $40,000. Now that the price is always very close to $30000, I am think it is possible for the price of bitcoin to go below $30000. Is it possible for the price of bitcoin to decrease beyond this level?

Yes or No or Maybe!

There's no man on this world that could tell you the precise thing that would happen ahead because everything is unpredictable.You wouldnt know on what comes next in price.

To think that there would be lots of unexpected events that might happen along the way neither it could affect on positive way or would affect it negatively and if you've been here on this

market for a while then you are already aware on how it behaves and how it do reacts whenever there are news or sentiments that floats around.

maju69

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the possibility that the large number of bitcoin withdrawals to hard wallets makes the price of bitcoin even more difficult to predict. some options are being considered if they break the $40,000 upper price line at the end of the year, or even break the $30,000 bottom line. what is certain is that when everything shows below $30,000 it means we are in a bear market which will last a long time.

barota

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prices bitcoin already touch 29k at the end of past month june , the support 29k is like 30k , the next support is 25k , there is different probabilities for the future of prices bitcoin , prices can stable between current prices and 40k or prices will tradable under 30k this mean 20k and 27k , the traders have talk about two trend bear and bull market , no one know the future of prices bitcoin for short term or next 6 month , buying when prices fall is better than buying expensive but it is very dificul to find an exact bottom

Lucius

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Quote from: Poker Player on July 15, 2021, 12:58:33 AM

I don't care much about this sideways. What I do wonder is what would happen if for whatever reason the price goes below $20K. It would be breaking a historical trend, and there some predictive models would have to be rethought.

At this point, any major negative news can bring down the price below $30k, and just a $10k change in one day isn’t something we haven’t seen many times before - so I wouldn’t be at all surprised to touch a new bottom. The thing is that many bet that it will happen, but in my opinion, as time goes on they have less and less chance of it, because if China mining ban + EM failed to do more damage, the question is is there anything more negative than that?

Quote from: Poker Player on July 15, 2021, 12:58:33 AM

In any case, I don't think it will happen. I also think we've already hit the bottom and when the price goes up and breaks $40K again, we're going to $100K easy.

I also think that this will not happen, and that the price will go up in Q4 as a result of halving and perhaps again increased interest from institutional players. One thing is for sure, the price cannot remain so stable for a long time - and I believe we will find out in which direction it will go in a month or two.

michellee

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I only guess with instinct Grin

If the bitcoin price is going down and break $30k or $25k, it will still go down until $20k and maybe that can be the lowest price for bitcoin from June to December 2021. But that is only my guess and I do not know if that will really happen or not but hopefully, that will not happen this month or next month. You can always analyze more to find how much the lowest price of bitcoin to set your target buy price.

philipma1957

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Quote from: Poker Player on July 15, 2021, 12:58:33 AM

Quote from: NeuroticFish on July 14, 2021, 11:58:27 PM

I may be overly optimistic, but I think that we've already had the bottom for this year.
However, as said, who cares? Especially as it's agreed that we're still in the bull market.
And no matter what, on the long term (~4 years) it will surely rise (too) big time, so we're just fine.

I'm an optimist too, and since I'm going long term, I don't care much about this sideways. What I do wonder is what would happen if for whatever reason the price goes below $20K. It would be breaking a historical trend, and there some predictive models would have to be rethought.

In any case, I don't think it will happen. I also think we've already hit the bottom and when the price goes up and breaks $40K again, we're going to $100K easy.

The diff dump from 25.04 to 14.? which will soon be to 13.9 is an historical trend that has been broken.

This is new territory.

MY btc mine is earning almost 2x the coin it was in may with no gear expansion.
My btc mine is earning almost the exact amount of fiat if I were to cash the btc as I was in may.

For any gear owner that has paid off gear this is still bull. A paid off s17 makes 50 x 29cent or 14.50 usd a day power is 60kwatts or 6 dollars at 10 cent power that is 14.5-6 = 9.50 a day

he can sell 7.50 of the coin. pay the power pocket 1.50 and hodl 7 usd worth of coin.

The market is holding together due this happening. (my guess)

For instance I can hodl 1 btc in this address

https://www.blockchain.com/btc/address/12M8G8N48u1DqFqFUVh7N2axGFWSLh16Pk

as long as I want and simply cash the rest of the coins.

My worries are not about price dropping to 20k they are about the diff and where it goes for the next 2 months.

cryptomaniac_xxx

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Quote from: Obito on July 15, 2021, 04:41:18 AM

Quote from: pooya87 on July 15, 2021, 12:26:54 AM

Price has already fallen 50%, there is no more dump left specially during the bull market if you look at the yearly charts. In fact the more realistic bottom where price would have been closer to intrinsic value should have been about $47k, the current price is still a reverse bubble and bubbles aren't known to become bigger than they can for both the regular kind and the reverse kind.

Well, it's not like the prices hasn't gone down much lower than 50% in the past so I don't think that it's going to stabilize below that, there's still a possibility that bitcoin will go much lower than what everyone might expect. There's no exact number where bitcoin mightget lower but there's still a likely chance that it will be more than just 50% as you've said.

I think the keyword here is that we are still in the bullish phase although the price seems to go down -50% at some point. So much lower than that then we could be really seeing bearish cycle. But it ain't, price is still on the consolidating phase, pretty much boring for the majority, but still a good sign that the bull run for this year is not yet done. And with that said, I don't think that we are going to see $20k anytime soon. We may have reach the bottom of this phase from a super fast rally in the last 5 months.

pooya87

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Quote from: Obito on July 15, 2021, 04:41:18 AM

Quote from: pooya87 on July 15, 2021, 12:26:54 AM

Price has already fallen 50%, there is no more dump left specially during the bull market if you look at the yearly charts. In fact the more realistic bottom where price would have been closer to intrinsic value should have been about $47k, the current price is still a reverse bubble and bubbles aren't known to become bigger than they can for both the regular kind and the reverse kind.

Well, it's not like the prices hasn't gone down much lower than 50% in the past so I don't think that it's going to stabilize below that, there's still a possibility that bitcoin will go much lower than what everyone might expect. There's no exact number where bitcoin mightget lower but there's still a likely chance that it will be more than just 50% as you've said.

True but price can't fall down a lot for no reason. If you look at all those cases where there were a big drop (like the 85% in 2018) there were always a solid reason for that drop.
- Any large drop such as the 30% to 35% is because of fast rises during the bull run and act as a correction.
- Any massive drop such as 80%-85% is always because of the massive bubbles that shape and have to burst catastrophically.

What we have right now is the first type, a correction during a bull run due to a fast rise so there is no logical reason for 50% drop that we currently have let alone for a bigger one.

Tellek Garing

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Quote from: pooya87 on July 15, 2021, 12:26:54 AM

Price has already fallen 50%, there is no more dump left specially during the bull market if you look at the yearly charts. In fact the more realistic bottom where price would have been closer to intrinsic value should have been about $47k, the current price is still a reverse bubble and bubbles aren't known to become bigger than they can for both the regular kind and the reverse kind.

This is what I am also thinking, there was a time the price of bitcoin was $64,000, the price decrease to $30,000, that is 50% reduction. Let us expect increase but the increase might not be early but it will happen.

Quote from: Ararbermas on July 15, 2021, 04:51:36 AM

If there's another negative news before this year end perhaps it's possible to lose support and keep decreasing.

There is no negative news that can beyond that of Tesla and China.

davis196

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Quote from: Tellek Garing on July 14, 2021, 12:54:49 PM

What did you think can be the lowest price of bitcoin in 2021 from June to December. The price of bitcoin has been within $30,000 and $35,000 for long, if the price go beyond $35,000, it is not still passing $40,000. Now that the price is always very close to $30000, I am think it is possible for the price of bitcoin to go below $30000. Is it possible for the price of bitcoin to decrease beyond this level?

Let me pick my crystal ball and I will tell you. Grin

Both scenarios are possible.The price might go below 30K or it might go above 40K.We just need some forces that will push the market to a certain direction.In the first case,we need FUD and some crypto whales selling their coins and creating panic selling.In the second case,we need some really positive news about a billionaire or a major corporation buying lots of Bitcoins and creating a FOMO wave on the BTC market.
The problem is that all the crypto whales and big company CEOs are on a vacation this summer,so they don't care about Bitcoin right now. Grin

Ararbermas

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Quote from: Tellek Garing on July 14, 2021, 12:54:49 PM

What did you think can be the lowest price of bitcoin in 2021 from June to December. The price of bitcoin has been within $30,000 and $35,000 for long, if the price go beyond $35,000, it is not still passing $40,000. Now that the price is always very close to $30000, I am think it is possible for the price of bitcoin to go below $30000. Is it possible for the price of bitcoin to decrease beyond this level?

in my personal opinion I'm not sure because on this current bitcoin become very unpredictable and stable wherein it always keep holding the price around 30k when it plunges, so it means it still have strong support.? As the matter of fact 29k is already tested since the hard declined but after that it didn't go there anymore and bitcoin keep maintaining the support. If there's another negative news before this year end perhaps it's possible to lose support and keep decreasing.

Obito

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Quote from: pooya87 on July 15, 2021, 12:26:54 AM

Price has already fallen 50%, there is no more dump left specially during the bull market if you look at the yearly charts. In fact the more realistic bottom where price would have been closer to intrinsic value should have been about $47k, the current price is still a reverse bubble and bubbles aren't known to become bigger than they can for both the regular kind and the reverse kind.

Well, it's not like the prices hasn't gone down much lower than 50% in the past so I don't think that it's going to stabilize below that, there's still a possibility that bitcoin will go much lower than what everyone might expect. There's no exact number where bitcoin mightget lower but there's still a likely chance that it will be more than just 50% as you've said.

Oasisman

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Quote from: Tellek Garing on July 14, 2021, 12:54:49 PM

What did you think can be the lowest price of bitcoin in 2021 from June to December. The price of bitcoin has been within $30,000 and $35,000 for long, if the price go beyond $35,000, it is not still passing $40,000. Now that the price is always very close to $30000, I am think it is possible for the price of bitcoin to go below $30000. Is it possible for the price of bitcoin to decrease beyond this level?

If you take a look at how much Bitcoin have fallen from it's last ATH, this current price will be considered as a bearish market. Bottom might be $30,000 and Bitcoin might not be falling back below $20,000. Nobody knows actually, but my prediction are based with Bitcoin's popularity and adoption today.
Nevertheless, the bottom from June to December doesn't matter anyway If you're not looking to make a good entry point. Some people are just too worried If Bitcoin will experience another dip, out of their mind it's infact a good entry point.

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