I hope not. I mean I do love it when the price goes down but by the looks of it if we keep going down then there are too many doomsday people who think we are crashing. Right now we have way too many newbies in the crypto world and we need them to mature first. Let them be here for another year, and by 2022 if it drops to 10k then I am fine with it, but that would at least make them realize that bitcoin is not something that always goes down or a "ponzi" because too many people are talking about it.
I personally would love to see some sort of middle phase where we do not go up but do not go down and just handle it the way we are right now without any problem at all. I get that it is not that easy right now, but it should be not that difficult neither, we should be able to just handle it as we can without a problem if we can hang tight and not sell too much.
Topic: Will we ever see $10k per BTC? (Read 670 times)
You can hear the fear developing in peoples minds and in their posts talking about the downward trend of Bitcoin. Maybe it's for the best if a few people get stung now so that they can serve as a warning to other potential investors of bitcoin who would want to pump the price up to unrealistic levels.
The Game Stop phenomenon is another example of investors not knowing what they are in for when the price tanks. Not really.
The Game Stop phenomenon is another example of investors not knowing what they are in for when the price tanks. Not really.
There's no hype anymore so the price is correcting, the money is already withdrawn because bitcoin is not bullish anymore. That's why we only witness a short but continuous bull run because it's the fresh money invested in the market but eventually they'll just withdraw it if they profit or if they panic because the price dumps. In short, it's not really for long-term investment, hence it will only leave a short-term bullish effect.
You can hear the fear developing in peoples minds and in their posts talking about the downward trend of Bitcoin. Maybe it's for the best if a few people get stung now so that they can serve as a warning to other potential investors of bitcoin who would want to pump the price up to unrealistic levels.
The Game Stop phenomenon is another example of investors not knowing what they are in for when the price tanks. Not really.
The Game Stop phenomenon is another example of investors not knowing what they are in for when the price tanks. Not really.
On one side, I hope we get to see it again because it filters the market of panic sellers and I want to buy bitcoin at a low price and on the other hand, I don't want to because I have accumulated a lot of bitcoin and I don't think that I have the ability to see value of my coins slashed in half but that's just a stupid thing to think of.
Ever since Paypal declared that it accepts payments using bitcoin and microstrategy companies buy bitcoins, more and more companies are buying bitcoins. until the time Tesla and Elonmusk had a positive impact on Bitcoin. and now they are destroying it. if bitcoin dumps up to 10K, then it's possible that bitcoin can become a shitcoin. this shows that many parties have given up on bitcoin. enough bitcoin -50% from ath
That is a thing that should be considered that if it hits 10k$ then it might go more lower but lets see what will be the case then.. but still its Crypto and its bitcoin and the coming future is of Crypto.
But why? Why do you think it will go even lower if it reaches $ 10k? Where do you think the bottom is?
It can be anything but do not worry it is not going to happen so chill and enjoy the show. That's a story for another day we will see when it hits and see the experts view.
We have many other coins to look at so why on BTC?
Regards
That is a thing that should be considered that if it hits 10k$ then it might go more lower but lets see what will be the case then.. but still its Crypto and its bitcoin and the coming future is of Crypto.
But why? Why do you think it will go even lower if it reaches $ 10k? Where do you think the bottom is?
-snip-
Regards
Time will tell. If it goes 10k for sure that's capitulation for most of retail investors but for hodlers and believers that's a huge discount and opportunity but I doubt if we ever touch that again in short amount of time. We go higher, get that law of attraction comes into play.Regards
Yeah that is not gonna happen I was just saying just in case if it touches or comes near to it make sure your bags are ready for bitcoin.
I can only imagine and seeing the current market situation this is possible but whatever happens, bitcoin will go higher than before in long term. I always trust bitcoin and been a supporter, If it goes to 10k I will surely hold some.
Regards
Time will tell. If it goes 10k for sure that's capitulation for most of retail investors but for hodlers and believers that's a huge discount and opportunity but I doubt if we ever touch that again in short amount of time. We go higher, get that law of attraction comes into play.Regards
If it goes back to the lowest price then it will worsen the situation even I don't imagine how the institution will release its acquisition of bitcoin which is getting weaker when what they expect is to fly high with its stability.
That is a thing that should be considered that if it hits 10k$ then it might go more lower but lets see what will be the case then.. but still its Crypto and its bitcoin and the coming future is of Crypto.
I have confirmed 100% through multiple Chinese and Russian confirmed sources and using confirmed maths and science that whales will throw btc below $20k; however the reason is because they do not want bitcoin anymore since it has definitely failed. Eventually nearly everyone but collectors will abandon bitcoin, which is how we can know for certain it will continue a down trend to below $1,000.
I believe btc has no intrinsic value so it is always a 1 btc = 1 btc for me forever. But that doesn't mean that I'll agree to anything and speculate to levels where nobody can think of selling their btc for. $20k is possible only because there were order blocks and stops which were not hunted and btc went as higher as possible from that point. So that is one of the biggest confirmations for me that $20k is coming (soon). But the bull rally isn't ended yet and even if btc goes below $20k, it will rise again as this is what it has always shown us and given unimaginable surprises.
There is a high probability for a $20k (or below) btc as there is a rumor going on in markets that some whales will throw btc below $20k and buy back more to get much better gains they didn't get during this bull run as it was all Elon's game. I hope btc proves out to be something more than being a puppet of institutional investors like Elon Musk's Tesla.
I have confirmed 100% through multiple Chinese and Russian confirmed sources and using confirmed maths and science that whales will throw btc below $20k; however the reason is because they do not want bitcoin anymore since it has definitely failed. Eventually nearly everyone but collectors will abandon bitcoin, which is how we can know for certain it will continue a down trend to below $1,000.
There is a high probability for a $20k (or below) btc as there is a rumor going on in markets that some whales will throw btc below $20k and buy back more to get much better gains they didn't get during this bull run as it was all Elon's game. I hope btc proves out to be something more than being a puppet of institutional investors like Elon Musk's Tesla.
If you really want to trade, then the best confirmed strategy right now is to sell everything asap and then buy back in at around $1,000. You can ride the bounce to around $2,000, then sell again. After that, it would be best to stay away from bitcoin entirely because it will be going to zero.
I can only imagine and seeing the current market situation this is possible but whatever happens, bitcoin will go higher than before in long term. I always trust bitcoin and been a supporter, If it goes to 10k I will surely hold some.
Regards
Time will tell. If it goes 10k for sure that's capitulation for most of retail investors but for hodlers and believers that's a huge discount and opportunity but I doubt if we ever touch that again in short amount of time. We go higher, get that law of attraction comes into play.Regards
If it goes back to the lowest price then it will worsen the situation even I don't imagine how the institution will release its acquisition of bitcoin which is getting weaker when what they expect is to fly high with its stability.
I can only imagine and seeing the current market situation this is possible but whatever happens, bitcoin will go higher than before in long term. I always trust bitcoin and been a supporter, If it goes to 10k I will surely hold some.
Regards
Time will tell. If it goes 10k for sure that's capitulation for most of retail investors but for hodlers and believers that's a huge discount and opportunity but I doubt if we ever touch that again in short amount of time. We go higher, get that law of attraction comes into play. Regards
I can only imagine and seeing the current market situation this is possible but whatever happens, bitcoin will go higher than before in long term. I always trust bitcoin and been a supporter, If it goes to 10k I will surely hold some.
Regards
Regards
In all seriousness... Did you guys ever check a weekly/monthly Chart of BtcUsd? If so, you would know that a 90% correction is nothing special for Bitcoin. I know, most of the hodlers dont want to hear that, BUT I think the price will drop dramatically. I know... "This time everything is different"... But then again, why should it be? I am holding my BTC so I dont care. but If Price drops below 20k, I will accumulate more. If price decides to go below 10k, I will get as much money as possible from wherever I can get it, and then buy the shit out of BTC. If this does not happen, well, I am still making good money. So whatever happens, I am happy 
I don't think I'll ever look back at the $10k bitcoin price.
bitcoin has gone through this tough time more than 10 years ago and some investors have had pretty good experience in the market, it feels like $20k will be a lot more big companies investing into bitcoin and raising the price back to break through ATH.
bitcoin has gone through this tough time more than 10 years ago and some investors have had pretty good experience in the market, it feels like $20k will be a lot more big companies investing into bitcoin and raising the price back to break through ATH.
But since we can see the price playing at the current level. I also don't believe that we can see more deeper than this current value maybe 20k$ is quitr near but 10k is quite impossible.
The support is very weak from below $30,000 to $24,000 and if the support around $24,000 is broken, a flash crash, another horrific crash, will sink the price to $19,000. Price will probably be hanging around $24,000 to $27,000 before it crashes.It is the possibility for the market in this chaotic (with FUD) and high volatile period. I am not Bitcoin Bear, I am bullish with Bitcoin till the end of this year at least, for this big bull run.
But people should be happy now because bitcoin is now trying to break the $40k level, we have some good pump today and the current price is already at $39k, this is a test to break the resistance, let's see if this time bitcoin will be successful, or it will be another failed attempt.
But since we can see the price playing at the current level. I also don't believe that we can see more deeper than this current value maybe 20k$ is quitr near but 10k is quite impossible.
The support is very weak from below $30,000 to $24,000 and if the support around $24,000 is broken, a flash crash, another horrific crash, will sink the price to $19,000. Price will probably be hanging around $24,000 to $27,000 before it crashes.It is the possibility for the market in this chaotic (with FUD) and high volatile period. I am not Bitcoin Bear, I am bullish with Bitcoin till the end of this year at least, for this big bull run.
if you wait until the bitcoin price reaches $10k or $20k, it's best to use the money you have elsewhere, especially if you are targeting 2023. To be honest, choosing to invest at the right time is good enough, but we don't know when that will happen. I'm pretty sure people's speculation will lead to hopes for bitcoin prices to rise again. however, the potential for hitting a $10k or $20k price tag exists, but I think it would take quite a bit of news to make the bitcoin price crash.
Is it really expected more with a decrease of 10k then want to buy it, then after this is achieved is there no doubt bitcoin will fall again? surely everyone wants to buy low but in reality it's not possible because anxiety is definitely there and it's best to do it now and find out later, well that's where the bitcoin potential is much better than anything else, even if it takes bad news to drop right bitcoin but now it doesn't feel like it will work and the community knows much better how to keep the price at the current price. Jump to: