Will we ever see $10k per BTC? - page 3.

mhine07

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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?

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.

nurilham

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

Will we see BTC $10k anytime soon? Maybe in next year or in 2023?

I don't think BTC will drop again to $10k. The new ATH of BTC is about $64k, it is very far from the ATH in 2017. We cannot make the same situation with the previous bullrun, so I believe the lowest price in the next bearish phase should be higher than $10k. Moreover, if BTC can make another ATH at the end of this year. Once it reaches $80k, I assume the lowest price in the upcoming bearish may be just about $15k - $20k, not lower than $15k. However, it is just my guess as a newbie BTC investor. Cheesy

lunnatic

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$10k per Bitcoin for now is too early to discuss, because it won't happen in this short term or this long term,
bitcoin is still on a bullish path, of course $10k is just a rumor without any solid evidence pointing there ,
I hope you don't spread FUD too deep again

KennyR

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Anything is possible with Bitcoin. The market can get flipped on the side of bullish trend or it can crash drastically in very short time period. None could've thought of Bitcoin reaching close around $30k from this year's ATH value. Now it has happened, and the Market hasn't turned completely bullish. This makes me believe that there is more chance of bitcoin dropping low to $10k someday. Another thing, it is in the hands of common users. Whales try to manipulate, and we the users should fall as a prey for it.

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Quote from: rhodelmabanal on June 08, 2021, 02:05:30 AM

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Quote from: irsykes on June 06, 2021, 04:02:29 PM

If OP really believe bitcoin will be $20k and $10k maybe it can happen but in smaller possibility. If me i will use 10% from my capital and then the rest if when bitcoin price dumped. But i think if dumped maybe $21k and for $10k will need long time or big bad news for bitcoin price itse.f

we will see its possibility could realized or not. monthly chart looks so bearish and in few months we will see bitcoin in consolidation area.

Based on my analization with regards to price from past tell now I think we are in a bear market, but i also see that the posible rising of price may happen anytime, we are just predicting so there is no exact prediction for now, we need to wait a few weeks and monitor the market.

Even we are in the bear market, that does not mean bitcoin will go down to below $20k or even reach $10k as many big companies and people already invest in bitcoin.
But I could be wrong as bitcoin can go to any price, and once the price move, it can make people panic, especially if the bitcoin price drops too deep.
We want to see a bitcoin price increase, and that will happen later, although we could only wait for that time and still buy more bitcoin from now on.
We need to see what will happen this month, and if the price still does not move to a low or high price, we do not have to worry because bitcoin will start a rally in the future.

rhodelmabanal

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Quote from: irsykes on June 06, 2021, 04:02:29 PM

If OP really believe bitcoin will be $20k and $10k maybe it can happen but in smaller possibility. If me i will use 10% from my capital and then the rest if when bitcoin price dumped. But i think if dumped maybe $21k and for $10k will need long time or big bad news for bitcoin price itse.f

we will see its possibility could realized or not. monthly chart looks so bearish and in few months we will see bitcoin in consolidation area.

Based on my analization with regards to price from past tell now I think we are in a bear market, but i also see that the posible rising of price may happen anytime, we are just predicting so there is no exact prediction for now, we need to wait a few weeks and monitor the market.

DarkIT

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It's good idea to hold usdt to buy the valuable coin like bitcoin.But it won't reduce below the value of 10k dollars again. You should think wise and it won't back to old values.You should buy at less price and sell at pump.Then you will get some good profit from that trading.Instead of thinking for a longer period, just decided it now. Buy the bitcoin with your holding money.I am sure, you get good profit.

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Quote from: ancafe on June 07, 2021, 07:16:12 AM

IMO, the bitcoin price will probably continue to grow from now on. maybe $10k is still so close, and still has a lot of potentials to dump down to that price. however, I think for the moment, the bitcoin price is probably more in the direction of price development than down. Well, we can see that the bitcoin price has dumped and is in the $35k range, but it's still quite expensive for bitcoin. however, for the next 1 or 2 years, we probably won't see the bitcoin price in the $10k range.

I hope that prediction will not happen. I can not imagine what will happen to people, especially new people who do not have much experience with bitcoin. They will panic and I am afraid that will be mass panic and mass selling from those people. But if the price still goes down, I hope the price will not go down below $30k and slowly recover and lift the price. This time, we see the sideway moment from bitcoin because the price is not up and down too much, but I think we need to be prepared for anything.

UnDerDoG81

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Quote from: bitterguy28 on June 07, 2021, 07:19:39 AM

Quote from: UnDerDoG81 on June 07, 2021, 04:51:42 AM

Everything is possible. At the moment chances to see 10k are higher than to see 100k. We at 36k and there is no volume and interest, even though Bitcoin is oversold. That's not good.

lol that's not a good point mate , Bitcoin is still on Bull ..

I am pretty bullish as well. But the main sentiment is pretty bearish. For me, this will be a bearish sideways summer. And then a rally at the end of the year. Many think like this. But as we know, Bitcoin always does what nobody expect.

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Quote from: LogitechMouse on June 07, 2021, 04:35:33 AM

Its not impossible but the chances of it to happen are very low.
I still believe that the last time we saw Bitcoin at the $10,000 price last September-October 2020 will be the last time that we will see it at that price.

Base on a quick glance on the charts, $20,000 will be the very strong support since it is the resistance that we have in 2017. A very huge resistance that must be break before we see it to $10,000. For me, even the $20,000 price of Bitcoin will not happen but we know in crypto anything can happen. The best thing is to just be ready if the worst case scenario will happen

Everything in crypto prices can change at any time even if it's in the near future, but for me it won't happen and we have gone through bad things where the base price has been reached, now we know how strong investors are who have supported that much btc of course they have a stronger prediction of bitcoin which will be more expensive later.

2021 is something new bitcoin has grown rapidly at $30k even though we feel the price is very low because we have experienced a price as high as 64k that's what we have to observe even though resistance may be bad but I believe investors will maintain it.

bitterguy28

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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?

If does then lets celebrate ahead mate Grin

Imagine my funds that converted to USDT amount 60k per btc will be at 10k per btc rate if this happens?

Looking forward for this to happen soon.

Quote from: UnDerDoG81 on June 07, 2021, 04:51:42 AM

Everything is possible. At the moment chances to see 10k are higher than to see 100k. We at 36k and there is no volume and interest, even though Bitcoin is oversold. That's not good.

lol that's not a good point mate , Bitcoin is still on Bull ..

ancafe

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IMO, the bitcoin price will probably continue to grow from now on. maybe $10k is still so close, and still has a lot of potentials to dump down to that price. however, I think for the moment, the bitcoin price is probably more in the direction of price development than down. Well, we can see that the bitcoin price has dumped and is in the $35k range, but it's still quite expensive for bitcoin. however, for the next 1 or 2 years, we probably won't see the bitcoin price in the $10k range.

Ziskinberg

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Quote from: chikading2016 on June 07, 2021, 05:13:17 AM

I think bitcoin are about to fall but i don't even think that it will fall down to 10k$ again. Maybe we will posibly see it at the 20k$ if it will fall and if it will rise maybe it will reach 100k$, but this is just an speculation bitcoin price will still depend on market, buyers and sellers has a big contribution of the changing of the bitcoin price in market so i think we cannot predict present price people has different strategy and they have different limit on when to sell or buy.

As for how the market looks this time, I have to agree that $10k is unlikely to happen. We possibly not seeing it anymore if there is consistency in the market volume. I even have to say that it was likely impossible that have another bear season but just to keep the current market position. But of course, can't assure of everything as we all know how unpredictable we are. We can't stop the price swing, dumps could be somewhat inevitable so maybe we wouldn't be confident enough, I think.

chikading2016

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I think bitcoin are about to fall but i don't even think that it will fall down to 10k$ again. Maybe we will posibly see it at the 20k$ if it will fall and if it will rise maybe it will reach 100k$, but this is just an speculation bitcoin price will still depend on market, buyers and sellers has a big contribution of the changing of the bitcoin price in market so i think we cannot predict present price people has different strategy and they have different limit on when to sell or buy.

UnDerDoG81

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Everything is possible. At the moment chances to see 10k are higher than to see 100k. We at 36k and there is no volume and interest, even though Bitcoin is oversold. That's not good.

LogitechMouse

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Its not impossible but the chances of it to happen are very low.
I still believe that the last time we saw Bitcoin at the $10,000 price last September-October 2020 will be the last time that we will see it at that price.

Base on a quick glance on the charts, $20,000 will be the very strong support since it is the resistance that we have in 2017. A very huge resistance that must be break before we see it to $10,000. For me, even the $20,000 price of Bitcoin will not happen but we know in crypto anything can happen. The best thing is to just be ready if the worst case scenario will happen

magneto

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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?

Time in the market beats timing the market.

Start DCAing now with around 2% of your total portfolio allocation towards crypto each week so that you cover around a year's worth of prices through your purchases over time.

I highly doubt that prices will ever go back to $10k for a sustained amount of time, although it is possible. The fundamentals are simply too robust right now, with such high levels of institutional adoption for prices just collapse overnight like that. You should seize the opportunity of being able to buy coins at sub-$50k levels while it lasts, as it could go north very quickly as well.

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Quote from: bittick on June 06, 2021, 03:27:06 AM

if many people considering instant buy at $20000 below then $10000 simply not possible. Too much resistance along the way because bitcoin is deemed to really have a value and it certainly is have value.
Just imagine what's those institution gonna do if btc touches below that? they gonna buy in bulk and making the market recover almost instantly because no one is crazy enough to miss the opportunity like that.
But anything is possible right? in crypto market.

In this market, everything is possible but we also need to check it realistically. Can btc really fall down to $10k level? So many institutions and other entities that are already into btc, and yes, if that will happen, all these big organizations will just buy it in bulk and can increase its price very fast. In my opinion, maybe 20k is possible to happen but 10k, the chance of going down to that level is very low.

irsykes

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If OP really believe bitcoin will be $20k and $10k maybe it can happen but in smaller possibility. If me i will use 10% from my capital and then the rest if when bitcoin price dumped. But i think if dumped maybe $21k and for $10k will need long time or big bad news for bitcoin price itse.f

romero121

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I believe there is more chance of price dropping low to 20k in the falling years. This is not based on the demand/supply. I'm stating this based on the whales manipulation. Slowly large corporates and business people have started to accumulate as many bitcoins. With this there arises an situation where the greedy hands competing hard for accumulation. By the time they will crash hard against each other.

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