Will we ever see $10k per BTC? - page 2.

Ziskinberg

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Quote from: Little Mouse on June 04, 2021, 08:45:40 AM

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?

In as much as anything can happen in crypto currency, I don't believe Bitcoin market value can fall down to like $20 or do you mean $20k? If you really mean $20 before you can buy with 50% of your capital then you will till eternity.

$20 is impossible but $20k is possible. As the bearish sentiment continues, it's never impossible to see a cheap price as we witnessed in the past. We have already witness the bull run, whales played well and take profit, now it's time for correction and we accumulate while waiting for the next bull run.

Dr.Osh

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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.

arwin100

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Quote from: kpierce77 on June 13, 2021, 01:50:31 AM

Quote from: karanggatak on June 13, 2021, 12:51:47 AM

I think the current bitcoin price floor and in the next few years is at $30k because we've seen it for ourselves in the last few weeks that bitcoin is being tested at $30k and has never broken through to $20k.
so if it's going to $10k I think it will be very difficult, the bitcoin floor seems to have been fixed at the price of $30k until the upcoming halving event, but it's possible that the bitcoin price this year can reach even higher than the ATH it has achieved

I still can't believe that bitcoin could go down to $10k. saw some big companies that still hold bitcoin, Tesla, MicroStrategy even continued to increase their bitcoin assets a few days ago. maybe if these big parties change their mind and sell their bitcoins, i'm sure bitcoin will go down drastically, but for now it's almost impossible for bitcoin to fall to $10k

Yep but erase tesla on the list if you talk about accumalators since they try to manipulate the market and its not healthy for us to see more unpredictable or controlled market. 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.

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Quote from: CryptopreneurBrainboss on June 13, 2021, 01:00:56 AM

Quote from: ILuckyGuyI on June 12, 2021, 02:17:00 PM

I think that it seems really hard to see the price at 10k. Even for 20k dollars, there should be another negative news which can be affective on the price at a high rate. Because the price has come to these levels because of many FUDs.

The Institutional investors are those keeping the price above $30k, if you notice majority bought within that range, if they're to panic which is unlikely unlesutgey get an inside information of a ban coming then you'll see the market going down and probably reach the target of the OP.

The cryptocurency world is a different one, everything is possible here. Look at what dogecoin did anybody think the impressive gains were that possible, same with bitcoin. It'll just take few very strong simultaneous fud to push the price even below $10k. Just refresh your memory to the last fud which was the pandemic, no assets was able to restand the economical breakdown.

Lets just hope something similar isn't ahead of us then just maybe we can hold a very strong support above the $20k price mark until positive news will come drive the price higher.

In the shorter-term view, we can see the price has bouncing between the $32k and $39k price level which seems to be a trend, as price has been maintaining this levels for quite a while. It is also worth noting price has hit the $32k-$33k level on four separate occasions and bears have never broken the $30k level support. The negative sentiment from the early part of the month has clearly reversed. While this could be a bull trap, the level of risk is rather low. There is strong bullish pressure underneath the surface and I expect the price to catch up in the coming months.

kpierce77

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Quote from: karanggatak on June 13, 2021, 12:51:47 AM

I think the current bitcoin price floor and in the next few years is at $30k because we've seen it for ourselves in the last few weeks that bitcoin is being tested at $30k and has never broken through to $20k.
so if it's going to $10k I think it will be very difficult, the bitcoin floor seems to have been fixed at the price of $30k until the upcoming halving event, but it's possible that the bitcoin price this year can reach even higher than the ATH it has achieved

I still can't believe that bitcoin could go down to $10k. saw some big companies that still hold bitcoin, Tesla, MicroStrategy even continued to increase their bitcoin assets a few days ago. maybe if these big parties change their mind and sell their bitcoins, i'm sure bitcoin will go down drastically, but for now it's almost impossible for bitcoin to fall to $10k

CryptopreneurBrainboss

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Quote from: ILuckyGuyI on June 12, 2021, 02:17:00 PM

I think that it seems really hard to see the price at 10k. Even for 20k dollars, there should be another negative news which can be affective on the price at a high rate. Because the price has come to these levels because of many FUDs.

The Institutional investors are those keeping the price above $30k, if you notice majority bought within that range, if they're to panic which is unlikely unlesutgey get an inside information of a ban coming then you'll see the market going down and probably reach the target of the OP.

The cryptocurency world is a different one, everything is possible here. Look at what dogecoin did anybody think the impressive gains were that possible, same with bitcoin. It'll just take few very strong simultaneous fud to push the price even below $10k. Just refresh your memory to the last fud which was the pandemic, no assets was able to restand the economical breakdown.

Lets just hope something similar isn't ahead of us then just maybe we can hold a very strong support above the $20k price mark until positive news will come drive the price higher.

karanggatak

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I think the current bitcoin price floor and in the next few years is at $30k because we've seen it for ourselves in the last few weeks that bitcoin is being tested at $30k and has never broken through to $20k.
so if it's going to $10k I think it will be very difficult, the bitcoin floor seems to have been fixed at the price of $30k until the upcoming halving event, but it's possible that the bitcoin price this year can reach even higher than the ATH it has achieved

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Depends how impatient people are because 10k scenario to me sounds alot like volatility, instability impatience and fear. A price on any one day can be extreme, basically an imbalance which doesnt exist or dissipates in due course. China being communist and banning free thought isnt enough to create that amount of fear imo, but all kinds of doubts and negatives accumulating and the very natural action of speculative leverage unwinding, thats almost a transferable recognizable reaction from every commodity market not really a crypto thing exclusively.
My very bottom pricing that I've tried to estimate was around 15k, just old trends but the easiest way to reach extreme negatives in some guided estimation is with reference to the 200 week average. That would appear to make 10k highly improbable but a price in one day isolated is not considered accurate in the same way 5 mins spikes down dont have to mean anything overall.

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Quote from: smyslov on June 12, 2021, 05:56:25 PM

Quote from: Little Mouse on June 04, 2021, 08:45:40 AM

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?

Right now the market trend is going down but not as fast as what floor buyers are wishing to happen you'll have to wait a few more months to see it will go further, the best method is to buy a small portion for every big drop like buying 10% when it hit $32k we never know the floor price, the market could make a big switch anytime, at least you bought when the market is down, instead of waiting with uncertainty.

That is actually a good move. Because if you are just waiting to drop it below 20k or so, you may just be waiting in vain. So why not take advantage of the opportunity when the price is near 30k? Because from the looks of it, there is a very strong support above 30k level. I don't think we will go down as low as $10k but everything is possible to happen. Just make sure to keep up with the market and possible factors that may influence its price.

smyslov

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Quote from: Little Mouse on June 04, 2021, 08:45:40 AM

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?

Right now the market trend is going down but not as fast as what floor buyers are wishing to happen you'll have to wait a few more months to see it will go further, the best method is to buy a small portion for every big drop like buying 10% when it hit $32k we never know the floor price, the market could make a big switch anytime, at least you bought when the market is down, instead of waiting with uncertainty.

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Quote from: Little Mouse on June 04, 2021, 08:45:40 AM

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?

You are trying to catch the bottom and while there is nothing wrong with that at the same time this is something that almost no one can do, also for the price to crash that hard we will need a situation similar to what we saw at the end of 2017 and I simply do not see it especially when the growth this time around was way slower and not as extreme, so in my opinion you are expecting for a price that we may never see and you may miss an opportunity to buy bitcoin cheap before we hit 6 figures during this year.

fullhdpixel

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Quote from: Wawa2013 on June 12, 2021, 07:06:59 AM

I as a Bitcoin holder have the same hope as you, that I hope Bitcoin can stay above $30k. Because it is very dangerous if Bitcoin falls for the second time below the $30k price, this can panic some Bitcoin holders. But I believe many institutions are buying Bitcoin above $30k and they are investing in Bitcoin for the long term. This should make the $30k support price not easy to pass, especially if we look at the last few weeks Bitcoin is trying to rise above the $40k price. So if Bitcoin manages to get past the $40k resistance, I am optimistic that the price of Bitcoin will rise even higher and there is a possibility that it will return to prices above $50k. So the conclusion is that Bitcoin will not go down again to the price of $10k this year.

Bitcoin going down is not really dangerous, we went from 20k to nearly 3k in the last run, that means we needed x7 just to break even if you bought at the top price (if you did dca then you would have been doing better), and you know what?

We didn't do just x7, we did x21 higher from that bottom, so from the last ATH to its bottom it was very low, but from the last bottom to newest ATH we were x21, I am not saying we will have another x21 after the bottom but all I am saying is that do not be afraid of the bottom because that is something that helps people a ton, and as long as you can find the bottom, or even if you do not find it, if you keep buying at lower levels like this as much as you can afford to, that means in the future when it goes up again you are going to end up profiting again. Which is why drops are not scary, they are just like a bow where you draw it back but then you let it go and it goes very further.

erep

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Quote from: Little Mouse on June 04, 2021, 08:45:40 AM

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?

I'm not sure in the near future or this year bitcoin will drop drastically to reach $10k, bitcoin is indeed on the decline but don't speculate too much because it's unlikely to happen and better take this moment to buy some at a cheaper price.

ILuckyGuyI

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I think that it seems really hard to see the price at 10k. Even for 20k dollars, there should be another negative news which can be affective on the price at a high rate. Because the price has come to these levels because of many FUDs.

Oilacris

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Quote from: serjent05 on June 12, 2021, 12:58:27 PM

Quote from: Little Mouse on June 04, 2021, 08:45:40 AM

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?

There is a possibility. After the Bull season according to the Bitcoin chart, there is a tendency for the Bitcoin market to crash more than 80%. So I guess there is a chance to fulfill your wish of buying Bitcoin at $10k apiece. Though I think you have to wait for some years for that and not anytime soon.

Basing off with several factors in terms of;

-adoption
-recognition
-application
-awareness
-Bigger supports

Do you really think that it could possibly drop off on 80%? Nothing is impossible within this market but its just
hard to believe if you do just tend to base those things i had mentioned above.

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Quote from: Little Mouse on June 04, 2021, 08:45:40 AM

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?

There is a possibility. After the Bull season according to the Bitcoin chart, there is a tendency for the Bitcoin market to crash more than 80%. So I guess there is a chance to fulfill your wish of buying Bitcoin at $10k apiece. Though I think you have to wait for some years for that and not anytime soon.

Kittygalore

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I really want that to happen because I think that it will be a great filter for people who will probably have a wavering faith in the price of bitcoin and also that makes me have a chance to buy more bitcoin at a much lower price.

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Quote from: mhine07 on June 11, 2021, 07:18:51 PM

Quote from: Little Mouse on June 04, 2021, 08:45:40 AM

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?

Just wait who knows what will happen in the future of bitcoin price, maybe its possible to drop bitcoin price around $10k or even lower. Just like what happens before when bitcoin price drops, those who bought then gain more profits when bitcoin price gies high this year. Thus bitcoin is more profitable in long term and best to invest in long term.

market always an uncertain place .No one knows what will happen .We can just predict it .However the market has raised enough i think it will not drop your level once again soon .The next world will be on crypto thats why btc will be more valuable .You can just put your money if you want to be a great future cause its still low in price mate .

Wawa2013

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Quote from: judaspriest on June 12, 2021, 06:45:02 AM

Quote from: mhine07 on June 11, 2021, 07:18:51 PM

Quote from: Little Mouse on June 04, 2021, 08:45:40 AM

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?

Just wait who knows what will happen in the future of bitcoin price, maybe its possible to drop bitcoin price around $10k or even lower. Just like what happens before when bitcoin price drops, those who bought then gain more profits when bitcoin price gies high this year. Thus bitcoin is more profitable in long term and best to invest in long term.

hopefully Bitcoin can stay above $30k, yes even though there is a decrease it is natural,
because Bitcoin has also gone up thousands of percent since the beginning of the year, the whales will also definitely take the profit,
and wait for the low price to return, but if $30k breaks, then the decline terrible thing will happen again for the second time

I as a Bitcoin holder have the same hope as you, that I hope Bitcoin can stay above $30k. Because it is very dangerous if Bitcoin falls for
the second time below the $30k price, this can panic some Bitcoin holders. But I believe many institutions are buying Bitcoin above $30k
and they are investing in Bitcoin for the long term. This should make the $30k support price not easy to pass, especially if we look at the last
few weeks Bitcoin is trying to rise above the $40k price. So if Bitcoin manages to get past the $40k resistance, I am optimistic that the price of
Bitcoin will rise even higher and there is a possibility that it will return to prices above $50k. So the conclusion is that Bitcoin will not go down
again to the price of $10k this year.

judaspriest

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Quote from: mhine07 on June 11, 2021, 07:18:51 PM

Quote from: Little Mouse on June 04, 2021, 08:45:40 AM

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?

Just wait who knows what will happen in the future of bitcoin price, maybe its possible to drop bitcoin price around $10k or even lower. Just like what happens before when bitcoin price drops, those who bought then gain more profits when bitcoin price gies high this year. Thus bitcoin is more profitable in long term and best to invest in long term.

hopefully Bitcoin can stay above $30k, yes even though there is a decrease it is natural,
because Bitcoin has also gone up thousands of percent since the beginning of the year, the whales will also definitely take the profit,
and wait for the low price to return, but if $30k breaks, then the decline terrible thing will happen again for the second time

Topic: Will we ever see $10k per BTC? - page 2. (Read 825 times)