Bitcoin Forum

One of the top analyst who predicted BTC might go to 40k now says 50% of collapse is possible in near days, before few months he stated BTC price might rally at least 300%, on the other side JP Morgan says there are possibilities for 100k till the end of the year So what's next for BTC?

Many people are desperately waiting to buy BTC in cheap price especially big whales because they are the one of want to fill their bags, I am curious to buy at half price from now.

https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/analyst-who-nailed-bitcoins-40000-level-says-50-collapse-could-come-next-140051309.html

It say "might", so still 50/50 if my opinion. Although there are no so called experts here, everyone can just like a graph and says that we are going into a correction phase. And with that said, we really don't know what's going to happen next, of course a parabolic rise is not possible, just like what we have seen, the price seems to retrace after hitting all time high.

And then bounce back, reach another high, so let's see how it goes. We are in a bull run phase, and no matter what FUD and negative news we've seen, it doesn't have a net effective on the investors mind.

50% down from here (40,000$) means it will go to 20,000$. I don't see this happening in this bull market specially when there are so many institutions who want to buy bitcoins. I think bitcoin may go to 50,000$ and then we may see a 25% correction to 30,000$.

Although that it is still a possibility, I honestly think that the correction might not get worse because of the institutions who buy Bitcoin. Unlike in 2017, the Bitcoin bull run was a “hype” one where ICOs are the reason behind it and institutions aren’t convinced that time plus some regulatory concerns as well that drive the cryptocurrency down to the wire.

There might be a slight correction perhaps, only for us to see Bitcoin making another big bull run again. I can see that within January 2020, it’ll even touch $50,000. Just saying.

I don't think it's a matter of if but a matter of when. It happened before when the price hit $20K, so it's highly likely that it will happen again. But I don't think it will drop back to 50% of its value. The return is high even from a -15% swing, so there will be volume to make up sale and closing until the current ATH is reached again. I wouldn't say a nosedive is unlikely but at least the chance that it won't happen is higher.  

Let the "top" analysts say whatever the like: nobody knows where we are going here! It is the first time in history that an asset like bitcoin sits at the old financial world table. Do not get fooled by these clickbait articles!  ;)

Anyone believing most of these experts atimes might only end up regretting, i believe it is rather wise to have a good reason to invest and hold a coin than listening to experts opinions before taking a decision. Bitcoin growth surpassed every sort of expectations, predictions, etc set for it, since many sold thinking it will crash at one price or the other, it rather keeps going and ever since many people won't fail to use every opportunity they have to say things that will make some people to sell so they can buy cheap again. In my own opinion, as it stands no one knows the price it will pump to and on the other hand, it is already known that price correction will happen one day, and as usual no one knows when or what price it will dump to.

True, heck any opinion out there is always 50/50 imo, and actually it's not a matter of it going up or down that should be noted but rather by how much it goes up or down that should be discussed instead. After all, people could still profit off of a bear season depending on how they move accordingly. And in that note, it's natural imo that the price would actually go down since it would actually be odd if it didn't. The market would never accept only positive growth phase after all, and only a balance of profit and loss of value is the norm.

You are very right that this time is different. We are over bought on all the trading indicators but still there is no sign of reversal. It better not to short any time soon else you can get rekt.

You should have written that he is a famous and widely known expert who is almost always wrong. For those wondering who it is, his name is Tom Lee (https://bitcointalk.org/index.php?topic=5166691.0), and he has long since lost his reputation as someone who can be called a top analyst (if he had one at all).

To figure out what kind of expert it is, all you have to do is search the internet (or visit the link I posted) - and here’s one of his greatest wisdom ::)

Fundstrat’s Tom Lee Suspects Ban Of Bitcoin By the US Government After E-Cigarettes Suspension (https://www.cryptonewsz.com/fundstrats-tom-lee-suspects-ban-of-bitcoin-by-the-us-government-after-e-cigarettes-suspension/)

I don't know if you followed the Bitcoin prices well in 2017, but it was the other way round. The Bitcoin bull run led to the altcoin and ICO hype. When Bitcoin made headlines as it rallied past $10,000 towards $20,000. Very many "investors" and newbies were very desperate to get rich quickly, so they gambled with ICOs and altcoins with hope that they would perform like Bitcoin. So it's actually the amazing rise in Bitcoin price that led to the ICO hype.

Honestly speaking I don't trust so called crypto experts in my opinion this market moves only when there is a demand. Yes, It it drops 50% in value from now most of the traders will be interested to buy bitcoin. But in the current scenario of the market Btc is quite strong and it seems it will continue its rhythm further. We all know price is quite high according to the trend indicators market is in overbought position still bull has strength in it so due diligence before taking any step.

The price chart of BTC is currently sideways when using a lower timeframe, It just that trader is currently undecided on the next trend but I'm still bullish since the 40K significant price is still strong since its a new territory and bears can easily destroy if bearish will be the new trend but the current price chart shows us that bulls still in control for maintening the current price.

FYI, I'm holding my BTC in Binance Dual Savings as I'm writing this statement to be fair.  ;)

These self-proclaimed crypto experts are just like us. Whatever they give us as their prediction are just mere speculations. They are also human and they can also make mistakes with their assumptions. And it is true, if it will drop down to 50%, many will take advantage of the market, because we will go up again. The adoption these days is different 3 or 5 years ago. As we are still battling this pandemic, a lot of people and even institutions realized about its potential to really grow in the digital payment sector.

He Might be Good n Predicting positively but may a Failure in Negative one , and Besides He Only predicted the 40,000$ but others also predict 50,000 in which closer to be reached these days .

I am Not that Believe in this prediction unless we Reached the 50k level then fall may happens  but not 50% because Investors who Bought Bitcoin in the Hype are those who can afford to Hold their Bitcoin even if some Dumping happens.

But I may also wrong since This is just what i think according to my own analysis considering how the Investments happen last December when the value is really climbing High.

of course, it's no secret that bitcoin prices are staggering. can suddenly rise high and vice versa. now the situation is, bitcoin is at its highest peak, can it go down tomorrow? it could be, now there is a price drop, yesterday it was still $ 41k now it's $ 38k. it's just that it might not drop suddenly, or maybe it could go up even higher.

The movement of the bitcoin is unpredictable and anytime it possible to collapse and your money will down to but anytime big pump also because people keep buying bitcoin and I would to say to everyone who hold the risk is always there and anytime your money will gone but it is also chance to rise that is possible only to happen to your money now and better to accept the risk as soon as possible.

almost a month of rise in bitcoin can not be said to be normal anymore, a big correction really just makes us believe that the price will fall for a while if the demand of whales and miners is reached. Then from, in order to gather more power and do the pump, I we can't turn it off at 100%.
here we are all dilemma between yes touching $ 100,000 or even vice versa. JP. Morgan is constantly researching and the bitcoin market today 2.60%

                                             https://i.ibb.co/dPGQXXn/image.png

I don't doubt the fact there will be correction at some point but no one knows exactly when this is likely to happen,  if he says might crash 50% from current price that means we are looking at around 20k, if this happens many buyers will be waiting to scope more btc after seeing the recent performance and probably the demand might even push price upward.
Btc crash always takes alts along  ::)

It might, but don't believe everything you read.  Basically, we live in an era of extreme sensationalism.  The people who make the most outlandish claims tend to attract the largest audiences.  Unfortunately, such people generally don't tend to face any repercussions for this.  When people realise there aren't any consequences for over-embellishment, it just emboldens them to make claims that are even more preposterous.  A 50% drop is possible.  I've certainly been around to witness larger plummets than that over the years.  But I wouldn't say it was likely at the moment, given what we're seeing in terms of demand.  And even if it did happen, it certainly wouldn't be the end of the story.

I may be one of the people waiting for bitcoin prices to fall, because I feel like having bitcoin back at its current price is still very traumatic for me when 2017 had ethereum :).
there may be a chance of returning at a time that is quite appropriate and stable, unlike now.

When the price drops 50% towards $ 20k the alt will drop as well. Many expect prices to fall drastically and many also expect prices to continue to rise.

To hit the $ 100k mark is still halfway there, but it won't be easy. To reach ATH just took 2 years.
Currently, many companies and institutions are entering bitcoin, let alone bitcoin breaking the ATH record in the $ 40k area, Bitcoin has become a topic of conversation around the world which has made bitcoin more popular.

Wow a 50% collapse is pretty high, I am sure that it will create a chaos to the newbie investors if this will happen especially if the newbie investors were not able to sell their bitcoin at the ATH. There are many predictions but as we know predictions are not accurate as bitcoin price is very unpredictable but it has a downside because bitcoin price can be monopolize.

Big whales are the main players to bitcoin price value, let's see if they can push it through to $100K without a big collapse. Once the bitcoin price will collapse, I am pretty sure the other currencies will surely to follow. Let's just hope that it will happen as I like to see the peak of bitcoin price again.

Just because his prediction that bitcoin will reach 40k was right, doesn't mean that all his predictions are going to be right too.
There will be a correction. This is evident but no one can tell when it will happen or for how long it will last. In the linked article, we have two completely different predictions from so-colled experts. One expecting the price to fall by 50% and the other expecting it to hit 150k by the end of the year. So, which of them we should believe?!

Bitcoin is a decentralized and unstable coin. Many people might be right about its prediction regarding the price or value. Yet I also believe that not all of its prediction will going to be true. Bitcoin today might be showing a rising and falling value but I guess no one can say a accurate journey of its value. Bitcoin is one of the best and most earned crypto tody because ot the hype that was created. Bitcoin became a more big deal thing as we enter 2021 because it achieved a lot more opportunities and specifically its new high time. Bitcoin might go down, but might go up for double. Who knows? Bitcoin is unstable and unpredictable. Just enjoy and happy earning.

Bitcoin is really unpredictable and if you are playing with your strategies and predictions then it is really hard to tell when to make the best transactions.

Some people are selling immediately because they are too scared that the price might go down due to the manipulation of big companies or big investors. That's why we need to adjust depending on what will happen next in the bitcoin run, if it will still be in a bull run or it will now under go bearish market.

Making predictions based on the market facts, important factors, investors, volume, and etc., will really help us to have an exact point on when to sell depending on our favor.

Well, all I can say is that any of their or our predictions may come true as there's always a possibility and we can only tell that once we reach that point. There's a chance that it might go down to 50% but even the so-called expert at analyzing the market can still fail with their prediction so we should not be afraid since it will be a good opportunity for us to buy more bitcoin. Nevertheless, one thing for sure is that the price of bitcoin will go down, we just don't know when and how big it is in the future.

Well, everything is possible in the crypto space, but with the current surge of the Bitcoin market, I am ought to believe a correction in the coming day.  I wouldn't say it will be a price crash because the hype is still there.  The market sentiment is still bullish and the Bitcoin 4-year cycle is yet to be completed.  Regardless, we should invest in utmost care especially when the market is surging because we will never know what will happen next.

I mean correction and drops are actually healthy in the bitcoin market and just like what happened with the continuous pump of bitcoin up to 40k$ obviously people are expecting a correction already.

And with that kind of ridiculous pump in the market price of bitcoin, we could really expect that when the whales sell their investment soon because of the higher price of bitcoin it will be a big dump because of the high leap of the market price of bitcoin.

50% is kinda high for some because for sure a lot of people want to invest in bitcoin and it's a lot more popular than before but it is still possible but for sure investors are gonna reinvest easily when the dump happened.

iam agree with you i think BTC go to 50K then some correction then again go to moon  . but iam still waiting for 50% correction .

50% correction isn't a correction but a price crash which I think is possible but not in a short span of time and i believe it is not happening anytime soon.  It might happen when the dominance of the Bitcoin market started to fall. 


Indeed correction brings a window of opportunity to the investors to join the market and it enables people who sold to rebuy and join the market again.

Bitcoin price rises for a few weeks and there may be a downward trend for the market to stabilize. We all know that the price of Bitcoin is always volatile and it is slowly reaching new heights in its value. So it is not impossible that the price of bitcoin will fall through a big dump and create a new all-time high again. In this case, the most influential factor is panic, destabilizing the market by selling and lowering the price.

I don't think it will go as per predictions and there are predictions about Bitcoin throughout the year wherein some being negative and some being postive which changes as per market situation and for bitcoin wheter it surges or drops it will coincide with any of these predictions thus people start following he predictor. I think we shouldn't hurry in any decision making and let's wait for actual results then make our move at the earliest.

Is the current price reduction or correction  is already happening? We are now decreasing price from 41k and since we are already 38k as of  this moment and even going down.
Talking about price of bitcoin would go down then its an inevitable thing.We cant just really expect for a market that would really be just continue to rise up.
There would be always a huge sell off or correction.We cant really just know on when it would happen.Price of btc is volatile and unpredictable thats why we should really be
careful on making up decisions because we might really being caught in the middle and might result on holding for more longer years.

We cannot really predict when is that gonna happen, we should be alert, especially to those people who have still believed that the price will continue to rise up. Be aware that anytime the price can go down, being greedy at this point results in regrets in the end. It is normal when the price falls down since the crypto itself is volatile in terms of its value, the prices are not constant and it is changing time by time. It is still good that the new ATH doubles the last that happened in 2017.

Don't really know what the analyst takes for the event that causes the crash. I personally am pretty sure we are going to have a bit steeper BTC correction.

The drop that happened today is greatly tied to the Tether case and the interview/podcast with Paolo Ardoino https://www.whatbitcoindid.com/podcast/questions-for-tether.
Things are pretty shady with Tether atm and 15th January isn't the best news for them also.

It would be happened but you can't estimate the exact timing.
The market can't just grow unilaterally & the price might be go down, a correction can happen at any time but I don't think 50% collapse is possible. If market came down to 20K area again then it will become a fragile, People will continue to sell their holdings and that fragile market will not be able to achieve stability again in the next 5 years. so 50% down is insane, maybe we will see a correction between 35k to 30k price range.

They've said their thoughts based on their analysis. For me, I think that the $100k in this year is possible. Maybe it won't be exactly $100k but Bitcoin could attain a price as high as that. Also, do not really follow what these people say; do not make investments based on others' thoughts. DYOR and make your own guess (it's all guess work anyway).

IMO just because his first prediction came to reality doesn't mean he's always right about everything, the crypto market is really volatile and unpredictable, you can really tell what might happen next, so that's his prediction for bitcoin movement it might happen and it might end up not happening its a 50/50 chance, but I seriously doubt if bitcoin will collapse 50% in the next few days as he predicted.
History always repeats it self, the Fomo has began, you will normally see people been this desperate to buy bitcoin whenever they see it pumping insanely,lets just hope they don't get caught in the web if bitcoin eventually crash.

If these are the only odds, I'd say we should all buy BTC right now :D

Look what they're saying! One analysis says it might fall and later rally, the other that it could go 300% up this year. They're both extremely bullish.

I don't have enough fiat to keep buying, but if I had, I would. Nothing to worry about guys, short term drops are normal in bull markets since price likes to retest fib lines.

The price will go down after this fast pump BTC experience but it will sure to increase again once correction happen since there will definitely many users who will secure some of their saving and there is still many users and companies who will adopt BTC. It's a continuous cycle, the only unknown is upto how much in can increase so we need to monitor it regularly.

I get notifications from a few crypto sites and pretty much every day there's a new prediction from an analyst who predicted something previously. So many people are making predictions about these things nowadays that somebody calling something right previously doesn't really mean much at all.

Looks like correction is starting now , dropping from 41k to 37,000$ this moment.
But this analyst made a great prediction last year that the Value of Bitcoin may Reach 40,000$ and it happens , but of course many also predict this and some says even 50,000.
Not i am considering Buying and selling as the correction is in the moment , any pump will happen anytime soon.

yes i think so i waited this so long tho  ;D


after the correction will pump again but there's also chance to altcoin getu pumped to after bitcoin halving -> bitcoin pump -> altcoin pump

That could be true or not, and so I don't put a big weight on those predictions especially when it comes from crypto sites. That 50/50 chance is right. I believe this momentum will have an end someday and that we need to prepared off.

I'm waiting for the market to dumps as well and start accumulating Bitcoin. This is possibly the plan for many as they learn from the current event but wondering if this could be realized.

indeed we do not always have to trust the analysts they inform because it could be misleading. but our analysis can also be used as a reference from past experiences.
If in my opinion, seeing from the first and second halving that bitcoin has made, that their% difference can be 17x, then the possibility of $ 100K will easily be done by bitcoin this year.

for me, the most important thing is the improvement of all the top altcoin rankings, let there be a renewable ATH because this will provide a sharp increase for new atcoins that want to grow from projects that are being marketed, let the bounty heyday of 2017 can happen again this year too.

The current correction apparently didn't touch $30k even, after a drop to $32k, bitcoin returned to $35 then is now at $36, so it's already
gone up and will be close to $40k again. Apparently whales really can not make the price to touch to the lowest  because there  are many
institutions that play a role also here. But this is just my personal opinion. Now I don't even know where bitcoin is going.

That's right you don't wanna take those analyses spreading around the internet yeah maybe some of them do hit it right but it doesn't mean they will always get it right. It does not how it works, you should know that this market was still unpredictable. The best way is to make your own research because you know what would be best for you. Anyway, IMO, since Bitcoin is having kinda correction right now you might get the opportunity right now since I don't think whales and institutions are done accumulating, Bitcoin could grow even more, might be $50k before the end of the month who knows just be ready.

That is the point of analyzing something, you can end up with wrong ideas, but you could at least see what is it saying and you could either use that if you want to and hope that it is right or you could just use that as guideline and that's it.

I personally believe that bitcoin may not be doing that bad in the near future, I mean this week, but the charts do not say that as we all have seen, now did I used charts to decide? No because charts said it should go down but I said it will go up, so where did I used the charts? You could look at charts, and why it says it will go down, and you could look at the past, and see similar charts that said it should go down but the real price went up instead, and use that as an indicator that whenever the charts show it will go down because of X reason the price goes up, and figure out it will go up again this period.