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Title: How much lower you think BTC can go in this drop ? Post by: Pzdrc on February 25, 2021, 12:16:58 PM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you
Title: Re: How much lower you think BTC can go in this drop ? Post by: AliMan on February 25, 2021, 12:31:41 PM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you What you're hoping right now was too little compared on my expectations. As year 2021 started, btc value skyrocketed quickly until $40k to $50k; then there could be a possibility of potential downtrend because it seems this price was too high compared from last ATH of 2020. Hopefully, there's another deeper corrections to take place that drops below $20k for us to have more chances to accumulate another asset to hold as preparation for $100k. Title: Re: How much lower you think BTC can go in this drop ? Post by: Pzdrc on February 25, 2021, 12:42:17 PM I am just thinking from the last correction from 39k to 32k it bounced back after a week, you think this time can go maybe toward 20k , i mean even 40k would be something, but do you see it coming ? Feel like there is a resistance at 45k but then again the suits have control
Title: Re: How much lower you think BTC can go in this drop ? Post by: bassbity on February 25, 2021, 01:47:48 PM In fact, when a correction occurs, all traders will be confused waiting for the price to be on target or take positions when there was a correction yesterday. we see bitcoin will experience correction again. If I had said yesterday that the price of bitcoin would not exceed $ 50,000, it turns out that my expectations were wrong, and it was under $ 50,000 a few moments later it stagnated. So there's an intrinsic factor that has recently fueled the saturation of the bitcoin market. Apart from political and strategic movements in America, we have seen a lot of ridicule and trying to bring down the price of bitcoin.
Title: Re: How much lower you think BTC can go in this drop ? Post by: michellee on February 25, 2021, 02:22:08 PM I do not know how much lower bitcoin price can go down because as we can see, bitcoin price can go down to any lower price. The last lower price $45k, so the bitcoin price can go for the other lower price. But I do not hope that the price will go down below that price because that can attract people to panic when they see their value is decreased. They will do panic sell because they are worried if the price will go deeper than that, and they will try to buy back bitcoin.
Title: Re: How much lower you think BTC can go in this drop ? Post by: jasonjm on February 25, 2021, 02:47:12 PM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you Well in recent BTC dip the price touched $45k and there might be a chance that the price might get a bit lower than this before a pump. I think you should wait for a day or two because the price might touch $43k and you will get an opportunity to invest. Title: Re: How much lower you think BTC can go in this drop ? Post by: youdacapt on February 25, 2021, 02:50:51 PM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you Just as no one could predict how higher bitcoin would go in price; the same applies, no body knows how much lower bitcoin will drop this is a crucial moment when you need your trading strategy to work for you. Do you have one ? Seems and hope does not apply to crypto currency market trading; where are your facts and findings ? Title: Re: How much lower you think BTC can go in this drop ? Post by: orions.belt19 on February 25, 2021, 02:59:33 PM Bitcoin looks to have some strong support consolidating around $47-48K so I don't see it going any lower unless other factors come into hand. I looks to be climbing up to $50K, only then to fall back down to around $48K then up again. It's been almost a week since we're experiencing this correction and recovery is becoming better so its possible that the price won't go down any further from this point on. Once it surpasses $50K, it could probably go up continuously then it will be some time again before it drops down. Then again, March is said to be not a very bullish month as it was this time last year when BTC crashed to about $3K.
Title: Re: How much lower you think BTC can go in this drop ? Post by: ice18 on February 25, 2021, 03:11:55 PM If it goes below $40k that was the perfect time to accumulate bitcoin from 30k to 40k we must wait this March if what will happen to btc price and April or May will start another rally again just like the previous years but I dont know if history will repeat actually no one knows just be ready for possible and buy the dip.
Title: Re: How much lower you think BTC can go in this drop ? Post by: repear7 on February 25, 2021, 03:27:43 PM I don't think that price of btc will down much. Demand of btc increasing huge. Some companies start making big investment in btc. I think it’s inspires investors to invest more in btc.
Title: Re: How much lower you think BTC can go in this drop ? Post by: AicecreaME on February 25, 2021, 03:47:43 PM Here's my quick 4 hour timeframe technical analysis for BTC/USDT pair in Binance.
https://i.ibb.co/n1VRPMN/Screenshot-20210225-234208377.jpg (https://ibb.co/n1VRPMN) Let me explain how it works. We have the red line (which is the resistance) and the yellow line (which is the support). So the wisest trade you could do is to wait for a candle that would destroy the resistance, that's your first confirmation before entering a trade. The second thing you'll do is to wait for another bullish engulfing candle to break out even more above the resistance level to confirm that's it's safe to enter a long trade, and vice versa. Title: Re: How much lower you think BTC can go in this drop ? Post by: electronicash on February 25, 2021, 04:10:20 PM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you you have figured it yourself but this is crypto so anything could happen. the lowest it had been was that $45k. if it quickly goes up after it, then it must be strong support there. it's a simple analysis i guess that if after few days/week that it won't break the $58k resistance, it's going to also dip again, and maybe we'll achieve that $40-42k. your wish is granted. Title: Re: How much lower you think BTC can go in this drop ? Post by: Fatunad on February 25, 2021, 04:13:47 PM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you You should really get used to into these kind of circumstances because not all technicals would really be that accurate when it comes to possible price movements. Drawing off some just support lines will give you the idea on what are the levels on where support is actually strong or not.So with that you can presume out on what are the possible actions you would make.It is just that the market did able to held up to go further down and make out some recovery without any hiccups. Title: Re: How much lower you think BTC can go in this drop ? Post by: $crypto$ on February 25, 2021, 04:20:38 PM We are now difficult to determine where bitcoin is going, but in that case you can understand it on a scale with analysis that can be applied in seeing the graphs displayed because some resistances are always different, what we respond to it.
But for me it is difficult for basic bitcoin again with a low value at least with a decrease of 5k-10k but it happens that it spikes so fast in a few hours so there is still something strong in this and some news also often influence the movement of bitcoin. Title: Re: How much lower you think BTC can go in this drop ? Post by: MWesterweele on February 25, 2021, 04:41:59 PM In fact, when a correction occurs, all traders will be confused waiting for the price to be on target or take positions when there was a correction yesterday. we see bitcoin will experience correction again. If I had said yesterday that the price of bitcoin would not exceed $ 50,000, it turns out that my expectations were wrong, and it was under $ 50,000 a few moments later it stagnated. So there's an intrinsic factor that has recently fueled the saturation of the bitcoin market. Apart from political and strategic movements in America, we have seen a lot of ridicule and trying to bring down the price of bitcoin. I do believe that what happening on the market value of bitcoin today was only a price correction, however i am also doubting of how much lower does it would goes on. I am hoping that this might only take on a range of $40000-$43000. Honestly, i don't have any idea why all of a sudden price decreases at this point. But to be honest if i am going to wait for a price correction like this and would going to buy, i guess i would wait for a much lower value of bitcoin than this. Title: Re: How much lower you think BTC can go in this drop ? Post by: sheenshane on February 25, 2021, 04:46:53 PM It seems this thread belongs to the speculation board, not on the trading discussion board.
We had experienced a short correction in the market price and I presumably predicting that Bitcoin price will not how down beyond $40k, as you can see, this was an anticipated moment for most crypto holders, Bitcoin has at a threat of pullback after a bull run and some of them afraid that Bitcoin price will repeat the movement during year 217 after the new ATH end. If you can see in the market, there's a sign of resistance and I think it will not drop far beyond $50k IMO. However, there's wasn't the right forecast that has an accurate result, it's always the market unpredictable. All I can see, Bitcoin price is volatility and there's no infinite growth that makes Bitcoin always on the top. The fact, nobody can guess the right answer of OP asked. Title: Re: How much lower you think BTC can go in this drop ? Post by: JooBra on February 25, 2021, 05:08:48 PM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you What you're hoping right now was too little compared on my expectations. As year 2021 started, btc value skyrocketed quickly until $40k to $50k; then there could be a possibility of potential downtrend because it seems this price was too high compared from last ATH of 2020. Hopefully, there's another deeper corrections to take place that drops below $20k for us to have more chances to accumulate another asset to hold as preparation for $100k. Title: Re: How much lower you think BTC can go in this drop ? Post by: isaac_clarke22 on February 25, 2021, 05:10:51 PM ~ Bottom floor? Well you can go as low as $0 and you could be right but there isn't visible floor for BTC as it doesn't even have its own ceiling. 47k is yet the lowest price we got recently and it seems to be just that. But hey it's still a crawl for bounce back to 51k as of writing this so we might still expect a little bit of correction in the price, OP.40-42k is a bit likely, but I shouldn't count on it if I were you. Title: Re: How much lower you think BTC can go in this drop ? Post by: shushu9977 on February 25, 2021, 05:33:10 PM It is so difficult to tell about how much lower the btc price. Now, the price of btc is 50k. It is not going so much low. Though it is going drop, it will recover very soon. Hopefully, the price of btc is not down 45k.
Title: Re: How much lower you think BTC can go in this drop ? Post by: The Cryptovator on February 25, 2021, 05:43:14 PM Quite complicated questions. No one can give you an exact forecast except speculation. My personal thought is Bitcoin would reset again in the $30K to $40K zone. Because for the last two days Bitcoin almost stable on a price zone. So there is less possibility to pump it again without a hard reset IMO. I am expecting Bitcoin would fall anytime below the $40K zone. So, prepare yourself always for a dump, just don't expect to pump continuously.
Title: Re: How much lower you think BTC can go in this drop ? Post by: Issa56 on February 25, 2021, 05:51:20 PM I know is easy to know the next step bitcoin will take but with what I notice and from my research I believe this is just a correction and not a dump which is normal but lot's of people have been scared thinking bitcoin is already dumping but that's not true. But from my research I believe bitcoin will not come below $40k And if you see bitcoin around $40k the next bull run will be massive its going to pump hard. If you definitely see bitcoin around $40k just make sure you bag as much as possible because bitcoin will pump more. But currently if you are trading always make sure you set your stop lose because anything can happen now and to avoid lose of money is better to lose 8-10% of your fund than to lose 30-50% of your fund so don't always forget to use stop lose!!!
Title: Re: How much lower you think BTC can go in this drop ? Post by: tvplus006 on February 25, 2021, 06:42:41 PM If it goes below $40k that was the perfect time to accumulate bitcoin from 30k to 40k we must wait this March if what will happen to btc price and April or May will start another rally again just like the previous years but I dont know if history will repeat actually no one knows just be ready for possible and buy the dip. Given that the main purchase of bitcoin by insitutional investors was carried out at the level of 30 thousand dollars, we can assume that the price will never fall below this mark. Such a strong price drop can only happen after these BTC are sold at high. But we don't see such sales on the market yet. Title: Re: How much lower you think BTC can go in this drop ? Post by: Renampun on February 25, 2021, 07:02:36 PM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you *With the increasing number of institutions investing in Bitcoin, I don't think Bitcoin price will correction past $ 30k...the price is currently weakening due to some pretty harsh statements against Bitcoin, after this subsides then the Bitcoin price will go up again, and maybe in the next few months, we will see a new ATH. Title: Re: How much lower you think BTC can go in this drop ? Post by: adzino on February 25, 2021, 08:13:28 PM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you No one knows how much lower bitcoin can drop. What makes you think 40k to 42k is going to be the lowest? Don't keep on waiting. It might never happen and the price might go even higher. Or it might takes months or maybe years. You don't want to wait this long and miss all the opportunities you might have got when you invested now.But if you firmly believe that it's going to drop below 42k, then yeah, wait and watch. If it does, good for you :). If it doesn't don't regret and start all over again! Title: Re: How much lower you think BTC can go in this drop ? Post by: passwordnow on February 25, 2021, 08:46:26 PM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? $45k looks the support. If bitcoin reaches $40k and that's the possible bottom, are you going to buy or you're just going to watch out for it?I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you We do hope that it won't drop below $47k anymore. But that's not an assured thing because bitcoin can go as low as what we can't imagine. If it will have hard time again being stable to $50k, we'll likely to see $40k below. Put yourself in every expected price so you're ready if it happens.Title: Re: How much lower you think BTC can go in this drop ? Post by: Wawa2013 on February 25, 2021, 08:46:35 PM If you look at the price of Bitcoin support which is quite strong at $ 49k, I really hope Bitcoin doesn't drop below the price of $ 45k. And also
hopefully Bitcoin in the near future can rise again to a price above $ 55k, we still have to continue to monitor the current market conditions. But based on my analysis this should only be a temporary correction, I hope my analysis is correct now. Because if the $ 45k support price is successfully breached, there is a possibility that the Bitcoin price could fall even further below $ 40k. Title: Re: How much lower you think BTC can go in this drop ? Post by: dimonstration on February 25, 2021, 09:31:28 PM Hope it will not fall too much to $40k. Though the price really went too high and too fast this past months we can think that it may fall between $40k to $45k, however since we are no longer just speculation and have already institutions or companies using BTC we can't really guarantee that it will fall too much, we don't know how the known companies play the market there might new companies who will lift the price up too much again. Just keep monitoring.
Title: Re: How much lower you think BTC can go in this drop ? Post by: francois-cooper on February 25, 2021, 09:37:42 PM it could go down to 37k which is the 0.382 fib retracement.
Title: Re: How much lower you think BTC can go in this drop ? Post by: LUCKMCFLY on February 25, 2021, 10:12:55 PM It is very difficult to know, a correction depends on many things, firstly knowing how many people are willing to sell due to this correction, secondly the degree of panic that exists, and thirdly the news currently together with social networks are influencing the market a lot . By simple inspection I do not think that it will fall so much, for the amount of investment of famous and large companies in Bitcoin, this may be a correction to reach new highs, everything is possible.
Title: Re: How much lower you think BTC can go in this drop ? Post by: Myleschetty on February 25, 2021, 10:37:15 PM Nobody can be 100% sure of the bottom price of the current dip in the price of the market but the previous bottom price was around $47,000 price range, if the market doesn't start bullish market before it the weekend I expect the market to dump below the previous resistance level and what left to do now is to catch the season (dump) before the bullish begin.
Title: Re: How much lower you think BTC can go in this drop ? Post by: gullu on February 25, 2021, 11:29:04 PM It wont go down below 45000 USD. So dont sell it now. If you have your coin with you hold it. If you have money try to get some and just leave it in your wallet and forget it . After next halving thats approximately 1178 days you will soon be a millionare or more than it.
Title: Re: How much lower you think BTC can go in this drop ? Post by: goinmerry on February 25, 2021, 11:42:11 PM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you Long-term or short-term? For the long-term, you can enter at any price then pray lol. Currently, there is no sign yet that it can dip below $40,000 but that was always possible. Up to you if you want to wait or take the risk of buying at the current price. For the short-term, you can buy at the current price but you need to regularly monitor your position as you will take actions everytime it will go a price swing. To summarize it all, there is no accurate answer here so you need to make up a good strategy. Title: Re: How much lower you think BTC can go in this drop ? Post by: Dave1 on February 25, 2021, 11:54:40 PM I was hoping around 40-42k but it seems that it does not want to go below 47k , I really don't expect it will drop to $40-$42k. The current price is around $47 and I think it is enough as the lowest of the current big correction. Why don't we expect for the next green days again, we need time to recover the losses during the correction. If the correction lasts for few weeks, I doubt people already leave crypto market.It's possible though, the current market dip went -23% and that is about $45k, just a few thousand dollars from $40k-$42k. And I will say that it will be good for us to at least bring the price that low so that many will can have that opportunity to buy cheap bitcoin again. And history tells us that the lower the correction is, the higher bitcoin goes up once it bounce back. So it make sense for price to go down to least 30% and then we go back 50%. Title: Re: How much lower you think BTC can go in this drop ? Post by: Kemarit on February 26, 2021, 01:33:24 AM I was hoping around 40-42k but it seems that it does not want to go below 47k , I really don't expect it will drop to $40-$42k. The current price is around $47 and I think it is enough as the lowest of the current big correction. Why don't we expect for the next green days again, we need time to recover the losses during the correction. If the correction lasts for few weeks, I doubt people already leave crypto market.It's possible though, the current market dip went -23% and that is about $45k, just a few thousand dollars from $40k-$42k. And I will say that it will be good for us to at least bring the price that low so that many will can have that opportunity to buy cheap bitcoin again. And history tells us that the lower the correction is, the higher bitcoin goes up once it bounce back. So it make sense for price to go down to least 30% and then we go back 50%. But it didn't go as low as $40,000 in this current dip and it stop at 23% down trend. So I will also say that it could be the lowest low for this month because we are almost at the end of the month now and I'm expecting the price to just trade sideways until we have a break out run next month. And so that -23% in February could be negative again (possible) and we will see a bounce around $60,000 or more. Title: Re: How much lower you think BTC can go in this drop ? Post by: gabbie2010 on February 26, 2021, 02:42:57 AM It wont go down below 45000 USD. So dont sell it now. If you have your coin with you hold it. If you have money try to get some and just leave it in your wallet and forget it . After next halving thats approximately 1178 days you will soon be a millionare or more than it. The strong support at $45K should be able to reject the price in fact the price is already showing exhaustion presently in that zone, I believed the forces of supply and demand determines how far the price will get corrected thus its quite difficult to accurately predict the exact price where the price will pull back to although the price had been experiencing mnor correction so far this year thus the best bet is to keep hodling it for a long term perspective.Title: Re: How much lower you think BTC can go in this drop ? Post by: cabron on February 26, 2021, 03:44:47 AM It wont go down below 45000 USD. So dont sell it now. If you have your coin with you hold it. If you have money try to get some and just leave it in your wallet and forget it . After next halving thats approximately 1178 days you will soon be a millionare or more than it. The strong support at $45K should be able to reject the price in fact the price is already showing exhaustion presently in that zone, I believed the forces of supply and demand determines how far the price will get corrected thus its quite difficult to accurately predict the exact price where the price will pull back to although the price had been experiencing mnor correction so far this year thus the best bet is to keep hodling it for a long term perspective.The next best support is the $42k I'm hoping it won't drop that low. That $45k is where it previously show support, so I think it may not really dip below it but keep moving within $42-$45k until it will bounce to break $50k again hopefully. Exciting times actually because things are very much unpredictable. There are so much good news coming yet we're almost getting closer to seeing the bearish market about to happen. Title: Re: How much lower you think BTC can go in this drop ? Post by: maydna on February 26, 2021, 04:12:56 AM It wont go down below 45000 USD. So dont sell it now. If you have your coin with you hold it. If you have money try to get some and just leave it in your wallet and forget it . After next halving thats approximately 1178 days you will soon be a millionare or more than it. The strong support at $45K should be able to reject the price in fact the price is already showing exhaustion presently in that zone, I believed the forces of supply and demand determines how far the price will get corrected thus its quite difficult to accurately predict the exact price where the price will pull back to although the price had been experiencing mnor correction so far this year thus the best bet is to keep hodling it for a long term perspective.The next best support is the $42k I'm hoping it won't drop that low. That $45k is where it previously show support, so I think it may not really dip below it but keep moving within $42-$45k until it will bounce to break $50k again hopefully. Exciting times actually because things are very much unpredictable. There are so much good news coming yet we're almost getting closer to seeing the bearish market about to happen. So far, the price can hold until $45k-$46k, but in the next down, we don't know if bitcoin can keep the price not going down again or it will go down to $42k. If that happens, the price can go lower than $42k, and it could touch below $40k. Hopefully, the price will not go down to that price and will be up again and pass $50k-$55k, so we can back to make a big profit. But this situation can give us the chance to make a profit continuously as the price can go up and down like a rollercoaster, so we can try to buy low and sell high. But we still need to be careful with the next thing that can happen to bitcoin. Title: Re: How much lower you think BTC can go in this drop ? Post by: CryptopreneurBrainboss on February 26, 2021, 04:31:07 AM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you Well if you're waiting to buy the dip then wait patiently because at some point the price would definitely go below that price range either as a result of fud and rumor or just a healthy market correction. While you also wait though, do understand that the whole market is bullish long term so you can buy in now instead of missing out on buying this low. Few months from now bitcoin would be trading above it's current price. This aren't financial advice but just my honest opinion so you should do your research properly before investing. Don't just invest because you love an advice given to you on the forum instead use the advice as guidelines to make your decision. You can buy bitcoin in batches so if a scenario that the price goes down more you buy with the spare funds available. Title: Re: How much lower you think BTC can go in this drop ? Post by: MIner1448 on February 26, 2021, 05:28:13 AM I think that bitcoin can fall in this fall thanks to the whales to $ 40,000, it almost fell to that level, but it was raised to $ 50,000, all the same whales that will cut even more margins in the future for hamsters. Therefore, it is necessary to enter transactions very carefully, now you can lose more than earn.
Title: Re: How much lower you think BTC can go in this drop ? Post by: TheGreatPython on February 26, 2021, 09:02:42 AM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you The price might even go below that particular price sometime, maybe it’s not going to be now. For now it’s just going to be going around that particular price of $40k and the $50k. And I believe that’s because the market is still being bullish, that’s why it’s in that position for long now. But anytime the market goes below the 50,000 dollars price I usually doubt if it will go up again to that price and all of a sudden it does.So, I can’t really predict this market, the good thing is just that I invested very early, so I don’t have much to worry about, and I also don’t have any plans to invest at this high prices anymore until it goes down. Title: Re: How much lower you think BTC can go in this drop ? Post by: Xinarae* on February 26, 2021, 12:14:41 PM Although bitcoin has dropped a lot at the moment it is difficult to say how much it will go down. No one can determine the exact price of nitcoin but it's not going to come down too much $ 50,000, even if crossed $ 40,000, very unlikely to go down many traders are selling bitcoin to reduce its price i don't think there is anything to be disappointed about the price of bitcoin will increase further prices have fallen due to the impact of whales and reduced transactions. But many traders are holding back that demand will increase.
Title: Re: How much lower you think BTC can go in this drop ? Post by: Betaj00 on February 26, 2021, 01:59:36 PM Has a big dump on Bitcoin price and i have no idea that when its price will again 58k+ but i think bitcoin price will not less than 42k. Now its time for waiting.
Title: Re: How much lower you think BTC can go in this drop ? Post by: Noctis Connor on February 26, 2021, 02:24:48 PM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you In my expectation bitcoin price will be around $45-44k dollars does that means it will continue below on the price said but it was an advantage for those who wants to invest money into bitcoin and disadvantage to those who hasn't sell their coin but no one can guess right what bitcoin price will be we're just going and go on the flow and just the bull run stopped it really hard to predict the market at the moment his it was bullish base on the graph and it be a market correction but mostly it was always depends on the supply and demand. But don't always look for negative side of bitcoin because bitcoin brought so much changes in our life and being down doesn't mean that we're going onto that level too be optimistic always be positive and always take care of our profits.Title: Re: How much lower you think BTC can go in this drop ? Post by: TinaK on February 26, 2021, 02:50:43 PM Has a big dump on Bitcoin price and i have no idea that when its price will again 58k+ but i think bitcoin price will not less than 42k. Now its time for waiting. The current market is little bleeding so few big investors are move on some other projects and it will reflected in crypto market. Already every investors are believe the Bitcoin because of elon musk involved in crypto platform. My suggestion is don't panic sell and keep holding the Bitcoin is a perfect way to survive in current drop. The recent price drop is fluctuating so anytime it will going to peak.Title: Re: How much lower you think BTC can go in this drop ? Post by: dothebeats on February 26, 2021, 03:34:24 PM Sub-$40k would be ideal for me, although that is pretty much drawing in the sand right now. Volumes in exchanges have drastically changed in the past few days, and the overall sentiment towards the market is quite negative given how easy it was to slip from $50+k back to $46k. Confidence on bitcoin remains high, although the weak hands are pretty much discontent on the performance of bitcoin lately, leaving them no choice but to sell in the mean time.
Title: Re: How much lower you think BTC can go in this drop ? Post by: doctor877 on February 26, 2021, 07:44:49 PM Looking at the chart i feel we are still more bearish than bullish but for now we can just do normal channel trading and take little profits for day time traders while holders can keep am eye on the movement, if we fall below 44k, we will see 37k region.
Title: Re: How much lower you think BTC can go in this drop ? Post by: vaultman on February 26, 2021, 09:09:26 PM I think that the price of bitcoin will definitely not fall below 40, because now there are a huge number of institutional billionaires on the market, many of them were purchased at around 30, 35, 40 thousand $, so they will keep bitcoins to the last.
Title: Re: How much lower you think BTC can go in this drop ? Post by: seleme on February 26, 2021, 09:52:57 PM My expectations are somehow approved by a majority of market participants and the price didn't go below $40k on the last correction line. The new chart formations will dictate the new leg of correction but the higher the correction length the more the boost will be for bullish traders. Let's see what new weekly candle will show us on the chart.
I think that the price of bitcoin will definitely not fall below 40, because now there are a huge number of institutional billionaires on the market, many of them were purchased at around 30, 35, 40 thousand $, so they will keep bitcoins to the last. Hard to tell if the BTC bulls will give up after the price crossing the new higher high price points but something unexpected can happen anytime. The new correction can take the price down to $35000 but it is not possible to go back to the $15000 level. If the BTC price goes back to the $35k I will do a new investment decision with BTC.Title: Re: How much lower you think BTC can go in this drop ? Post by: Distinctin on February 26, 2021, 11:18:54 PM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you I consider $40k up is just a correction, not literally we call it a start of the bearish season. But if the trend to dump below that line, that we are finally seeing back the bear season. However, I don't think that it drops below $20k ( I hope I was not wrong). Anyway, much better to be prepared for everything and much better as well to have the reserve money to buy more once the market badly dips once again. I know many investors are waiting for that moment to come particularly those early sellers. Title: Re: How much lower you think BTC can go in this drop ? Post by: batang_bitcoin on February 26, 2021, 11:28:05 PM I think that the price of bitcoin will definitely not fall below 40, because now there are a huge number of institutional billionaires on the market, Lowest that I've seen so far was $44k and I hope that it won't fall as low as $40k or lower than that.many of them were purchased at around 30, 35, 40 thousand $, so they will keep bitcoins to the last. We still don't know how they play if they just got in to bitcoin. They could drop the price and dump what they've got. Since, they're new, they can determine their company's stand on bitcoin on the short term level but, as said, we don't know if they're also longing.Title: Re: How much lower you think BTC can go in this drop ? Post by: TimeTeller on February 26, 2021, 11:33:51 PM I think that the price of bitcoin will definitely not fall below 40, because now there are a huge number of institutional billionaires on the market, Lowest that I've seen so far was $44k and I hope that it won't fall as low as $40k or lower than that.many of them were purchased at around 30, 35, 40 thousand $, so they will keep bitcoins to the last. We still don't know how they play if they just got in to bitcoin. They could drop the price and dump what they've got. Since, they're new, they can determine their company's stand on bitcoin on the short term level but, as said, we don't know if they're also longing.I am hoping that it will not fall below 40k as it seems the support is strong in the 40k level and above. However, in this market, we don't exactly know what will happen next. It can go down fast but recover fast as well. Either way, you should be prepared if you are into this market. There are big players, that's right. But we don't know their true motive of why they are into crypto. They can sell their share if they are seeing good profit and we can't stop such event from happening. Title: Re: How much lower you think BTC can go in this drop ? Post by: lalabotax on February 26, 2021, 11:59:06 PM I hope the lowest price of Bitcoin in this current correction will be $43K-$45K. Then, after dropped till these prices, the Bitcoin price will continue to increase again. I really expect that the next increase will achieve $60K and will survive around $58K-$60K. If it can happen, the altcoin season will possibly come soon in the next few months.
Title: Re: How much lower you think BTC can go in this drop ? Post by: TravelMug on February 27, 2021, 01:20:49 AM I hope the lowest price of Bitcoin in this current correction will be $43K-$45K. Then, after dropped till these prices, the Bitcoin price will continue to increase again. I really expect that the next increase will achieve $60K and will survive around $58K-$60K. If it can happen, the altcoin season will possibly come soon in the next few months. Expect that, bitcoin is on a roller coaster ride specially at the end of the month. And then when a new month comes in, the price will slowly recover in the first week, and then 2nd and 3rd week we will see another all time high around $60k-$70k. Altcoin season has started already, although it still has to be tied on bitcoin's price. When bitcoin is up, altcoin will only increase because of the domino effect. Title: Re: How much lower you think BTC can go in this drop ? Post by: traderethereum on February 27, 2021, 09:13:32 AM I hope the lowest price of Bitcoin in this current correction will be $43K-$45K. Then, after dropped till these prices, the Bitcoin price will continue to increase again. I really expect that the next increase will achieve $60K and will survive around $58K-$60K. If it can happen, the altcoin season will possibly come soon in the next few months. Expect that, bitcoin is on a roller coaster ride specially at the end of the month. And then when a new month comes in, the price will slowly recover in the first week, and then 2nd and 3rd week we will see another all time high around $60k-$70k. Altcoin season has started already, although it still has to be tied on bitcoin's price. When bitcoin is up, altcoin will only increase because of the domino effect. We can hope that the price will be increased in the next month and start the rally and break $50k and even it will break $60k-$70k. But before that, maybe bitcoin gives us more time to buy back more bitcoin because if the price is starting to increase, we will be too late to buy bitcoin. So we need to use this time to buy bitcoin. Maybe in this drop of bitcoin price, we can hope that some altcoin can increase so that can help us to get more profit in bitcoin that we can sell when the price increase. Title: Re: How much lower you think BTC can go in this drop ? Post by: Question123 on February 27, 2021, 11:20:14 AM Bitcoin price is dropping the price almost 1 week and we are waiting again for the next pump happen so it's a perfect opportunity for the investors to have cheaper bitcoin to get more profit. A lot of people are waiting for he bitcoin to drop very low but I think it's not happen this year but probably next few years maybe we see the price dump very high but this year I think price will maintain 40k dollars.
Title: Re: How much lower you think BTC can go in this drop ? Post by: Fivestar4everMVP on February 27, 2021, 02:54:47 PM Well, for me, the dip is not here yet, when the true winter comes, am personally expecting bitcoin to fall below the thirty thousand dollar and twenty thousand dollars range, this will give many people including myself the opportunity to go in again while in the process, drive the price to another all time high between seventy and one hundred thousand dollars, hopefully, this can happen or even better still, let it drop more than this, I don't mind. ;D
Title: Re: How much lower you think BTC can go in this drop ? Post by: LUCKMCFLY on February 27, 2021, 03:06:29 PM I hope the lowest price of Bitcoin in this current correction will be $43K-$45K. Then, after dropped till these prices, the Bitcoin price will continue to increase again. I really expect that the next increase will achieve $60K and will survive around $58K-$60K. If it can happen, the altcoin season will possibly come soon in the next few months. Expect that, bitcoin is on a roller coaster ride specially at the end of the month. And then when a new month comes in, the price will slowly recover in the first week, and then 2nd and 3rd week we will see another all time high around $60k-$70k. Altcoin season has started already, although it still has to be tied on bitcoin's price. When bitcoin is up, altcoin will only increase because of the domino effect. We can hope that the price will be increased in the next month and start the rally and break $50k and even it will break $60k-$70k. But before that, maybe bitcoin gives us more time to buy back more bitcoin because if the price is starting to increase, we will be too late to buy bitcoin. So we need to use this time to buy bitcoin. Maybe in this drop of bitcoin price, we can hope that some altcoin can increase so that can help us to get more profit in bitcoin that we can sell when the price increase. I think the same, what it seems to me is that at the moment they are testing the offer and are seeing how much more they can sell cheaper, perhaps institutions and investors are buying stealthily and not massively so as not to shoot. suspicion. After this I think you can go up $60k to $70k as well, and be careful if it hits $100k which is where many are waiting to sell. Title: Re: How much lower you think BTC can go in this drop ? Post by: batang_bitcoin on February 27, 2021, 11:09:37 PM I am hoping that it will not fall below 40k as it seems the support is strong in the 40k level and above. It's all hanging in the air and we don't know how much it will hold until this dip ends. But as long as we want to, if it stays above $40k then that's a very favorable dip for us.However, in this market, we don't exactly know what will happen next. It can go down fast but recover fast as well. Either way, you should be prepared if you are into this market. There are big players, that's right. But we don't know their true motive of why they are into crypto. They can sell their share if they are seeing good profit and we can't stop such event from happening. We know how bitcoin moves dramatically and unexpectedly. And if it will be on that level of pricing, that's still a good deal to me but I don't know to others who can't accept that it has gone down for a while. Title: Re: How much lower you think BTC can go in this drop ? Post by: traderethereum on February 28, 2021, 09:56:08 AM I hope the lowest price of Bitcoin in this current correction will be $43K-$45K. Then, after dropped till these prices, the Bitcoin price will continue to increase again. I really expect that the next increase will achieve $60K and will survive around $58K-$60K. If it can happen, the altcoin season will possibly come soon in the next few months. Expect that, bitcoin is on a roller coaster ride specially at the end of the month. And then when a new month comes in, the price will slowly recover in the first week, and then 2nd and 3rd week we will see another all time high around $60k-$70k. Altcoin season has started already, although it still has to be tied on bitcoin's price. When bitcoin is up, altcoin will only increase because of the domino effect. We can hope that the price will be increased in the next month and start the rally and break $50k and even it will break $60k-$70k. But before that, maybe bitcoin gives us more time to buy back more bitcoin because if the price is starting to increase, we will be too late to buy bitcoin. So we need to use this time to buy bitcoin. Maybe in this drop of bitcoin price, we can hope that some altcoin can increase so that can help us to get more profit in bitcoin that we can sell when the price increase. I think the same, what it seems to me is that at the moment they are testing the offer and are seeing how much more they can sell cheaper, perhaps institutions and investors are buying stealthily and not massively so as not to shoot. suspicion. After this I think you can go up $60k to $70k as well, and be careful if it hits $100k which is where many are waiting to sell. They will tell the public after the price can back increase and say that they support bitcoin and buy with big funds. I think the price needs to break $60k first and make a surprise to us again and the price will steadily increase and break the new ATH. But I guess it is not easy for bitcoin to increase as we saw the price does not rise to $50k this month. We need to be patient for a while. Title: Re: How much lower you think BTC can go in this drop ? Post by: acener on February 28, 2021, 10:32:30 AM I don't know how much it could be but I think it wouldn't go down below $40K more like hoping that it wouldn't,
But if it does then I think it would also be a good time to buy and hold I hope that it wouldn't end up like the crash that we experience in 2017. Title: Re: How much lower you think BTC can go in this drop ? Post by: sniveel on February 28, 2021, 10:46:50 AM In my own, I don't have any idea what price will bitcoin fall down. I can't predict until when is this downtrend will be but there is one thing I will be sure about, that bitcoin and other altcoins will bounce back once this downtrend will end. So for now, I'll just wait for the dip to end and buy more, and hold it until the next bull run comes.
Title: Re: How much lower you think BTC can go in this drop ? Post by: DoublerHunter on February 28, 2021, 11:19:47 AM In my own, I don't have any idea what price will bitcoin fall down. I can't predict until when is this downtrend will be but there is one thing I will be sure about, that bitcoin and other altcoins will bounce back once this downtrend will end. So for now, I'll just wait for the dip to end and buy more, and hold it until the next bull run comes. ^ We are not, that is a very complicated question because nobody knows the real forecast of the crypto market price. We are all here to give our own perspective and speculation but we all did not the exact result when, where the price of BTC price goes up and down. But that is a good idea, waiting when until there is bull run come and if this is you are willing to hold on that period of time or without specific of time. Nevertheless, if you want safe holding your BTC, just hold until you will have a profit or until when your desire profit will reach, but by asking a specific time, we can not provide exact forcast.Title: Re: How much lower you think BTC can go in this drop ? Post by: cheezcarls on February 28, 2021, 12:39:47 PM The problem is that we can’t easily determine how long will Bitcoin go down with the other cryptocurrencies. Correction is already expected because the growth of Bitcoin is kinda super parabolic. We don’t even know what would be the new support level, but I would call it $40k at least. I would be happy if I can buy Bitcoin at a very cheap price, in which I have failed in doing it last December. The market right now is unpredictable and highly volatile as well. Risk management is the best skill that we should learn right now if circumstances happen like the correction period.
Title: Re: How much lower you think BTC can go in this drop ? Post by: XZERO1 on February 28, 2021, 01:34:55 PM I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you $40k seems about a good place to get a bounce from, but then again market makers definitely predict that all eyes will be on that range, so there's a chance that it either does not go down that much and get a bounce before that, or they could just let it go down to around $38K-$39k to shake out some more people that will definitely sell out pf panic and then after they're done with accumulation, they release some bullish news from one of their various news networks/social media and make retailers pump it again, it's full on manipulation right now and hard to predict or do any proper TA because of that. Title: Re: How much lower you think BTC can go in this drop ? Post by: Kasabus on February 28, 2021, 02:52:54 PM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you Well, I hope it bounces back to $20k or below. Many were waiting for that time, they will buy more, increase the demand and get back to high again. Probably, if there is a huge dump/correction that will happen, it will never be that long. Why? people got crazy about buying more and this will help the market to recover instantly. But I can't see having a huge price correction happen this year( or not anymore) as the resistance keeping strong and the market flow still improving. Maybe it is not a good idea to wait that time to come but to start buying some when there are short dumps. This will only be the best option. Title: Re: How much lower you think BTC can go in this drop ? Post by: Rasel5209 on February 28, 2021, 07:10:22 PM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you I don't how many time you spend in crypto. Btc price can be fall down 20k. When i saw btc price 47k i convert it usd. Cause i think it price can be fall down.Title: Re: How much lower you think BTC can go in this drop ? Post by: konflikkastil on February 28, 2021, 07:14:15 PM BTC can't really go down that much, and I will tell you the reason for saying that. I will like to take a very careful look at the recent development on btc. The kind of investors that has never come, has started investing heavy on btc now. And when this kind of things is happening, a major drop in btc is never going to happen any time soon. Even some govt are buying btc now and keeping them for the future. I told some of my friends that before year 2050 the price of btc will hit a million dollars. Are you surprised? No, no be. That's my prediction and its 85% sure that's its going to happen. Many people still coming to invest before this year ends.
Title: Re: How much lower you think BTC can go in this drop ? Post by: dunfida on February 28, 2021, 09:59:24 PM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you I don't how many time you spend in crypto. Btc price can be fall down 20k. When i saw btc price 47k i convert it usd. Cause i think it price can be fall down.before making any step forward and with due experience you can really able to point out on what are the common movements or decisions to be made on a particular situation. Market can crash as badly as it can or shall we say on big percentage drop even on a single day neither there are some news attached to it or just purely some sell off point. Predicting the bottom had always been a pain in the ass for all people who do engage into this market. Title: Re: How much lower you think BTC can go in this drop ? Post by: ololajulo on February 28, 2021, 10:07:34 PM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you We have not gotten to that price region and we hope if it could stay few days until the USA palliative is distributed, we might likely stay above this support. I think the idea should help to determine price for stop loss but if we break below this we might see a disaster.Title: Re: How much lower you think BTC can go in this drop ? Post by: sayaya17 on February 28, 2021, 11:59:38 PM I've seen the lowest price of bitcoin at $44k and it's back up to $45k today. I don't know if it could be the lowest price at $40-42k, maybe if it could, then it could have happened this week. But now it seems good to buy bitcoin because it has been a 20% correction. I do not expect bitcoin will correct 30%-40% as happened in 2017. If that happens, it's good to buy it.
Title: Re: How much lower you think BTC can go in this drop ? Post by: Negotiation on March 01, 2021, 07:39:05 AM I have seen the maximum price of bitcoin is $ 45k but the price has increased a bit compared to before it is not possible to say how much BTC will be the minimum the market is going up and down even if it goes down the market will correct again in time. Even if BTC drops it will not go down like in 2017 not going below $ 40k is going to come prices are likely to rise this month.
Title: Re: How much lower you think BTC can go in this drop ? Post by: tvplus006 on March 01, 2021, 12:08:11 PM I don't how many time you spend in crypto. Btc price can be fall down 20k. When i saw btc price 47k i convert it usd. Cause i think it price can be fall down. I am sure that in the near future we will not see such a price of 20 thousand dollars for bitcoin. Given that institutional investors bought 40% of the volume of BTC at the level of 30 thousand dollars, they will not allow to reduce the price below this level. So the bull market is not over for bitcoin yet and I am waiting for a new ATH for BTC. Title: Re: How much lower you think BTC can go in this drop ? Post by: New.in.trading on March 01, 2021, 12:44:43 PM I want to see 40k so I can buy some more BTCUSD (https://de.tradingview.com/symbols/BTCUSD/). Everything above is to expensive for me. On the other side, I dont think that BTC will fall much lower then 40k
Title: Re: How much lower you think BTC can go in this drop ? Post by: tygeade on March 01, 2021, 01:48:41 PM My estimate is that the price could drop into low 20k levels, like 22-24k level, that seems like a reasonable price to drop if it bottoms out. This could be something like a correction and doesn't reach 40k and then increase to 100k+ that would be great but that is of course if this is not a drop and it would be an increase instead, this is why I believe it should be something similar like what happened a month ago, BUT even if that is not the case and it drops to insanely low levels that would mean that we will definitely reach to low 20k levels as a bottom and it will not go down anymore.
The last time the bottom was at around 4k or so a bit more under that price but that was the bottom, we didn't see under 3k ever again after the 20k level was seen, this time it was about 60k or so and when it drops it will not be going towards under 20k for sure. Title: Re: How much lower you think BTC can go in this drop ? Post by: imstillthebest on March 01, 2021, 02:06:19 PM are you buying if btc fell off to 40 and 42k ? but i like you because you arent a cheap buyer .
you dont demand for more drops unlike to the people out there that hopes for btc to go back to 10k before they want to decide buying again . we have the same thoughts if you think that the 47k is the lowest because we are stuck at 47k for days but this may be high for buying but if you can afford 40 and 42k maybe you can give an exeption to 47k for the first time . Title: Re: How much lower you think BTC can go in this drop ? Post by: blckhawk on March 01, 2021, 03:25:22 PM I don't how many time you spend in crypto. Btc price can be fall down 20k. When i saw btc price 47k i convert it usd. Cause i think it price can be fall down. I am sure that in the near future we will not see such a price of 20 thousand dollars for bitcoin. Given that institutional investors bought 40% of the volume of BTC at the level of 30 thousand dollars, they will not allow to reduce the price below this level. So the bull market is not over for bitcoin yet and I am waiting for a new ATH for BTC. I also believed that Bitcoin won't fall $20k this time unless those big Hodlers and institutions finally decided to sell-off which is I don't think they are going to do now. Perhaps bull run will last more longer and it will be pushed up to six-digit numbers, by then I expect that there will be some big sell-off gonna happen. Yes, there will be some correction gonna happen like recently where it goes down around $43k and now it bounces back again at $47k. Thus why, if you are going to make a profit, take all the opportunity to buy at corrections cause for what I believe there will be quite pull back from here. Title: Re: How much lower you think BTC can go in this drop ? Post by: carlisle1 on March 01, 2021, 03:32:21 PM are you buying if btc fell off to 40 and 42k ? but i like you because you arent a cheap buyer . you dont demand for more drops unlike to the people out there that hopes for btc to go back to 10k before they want to decide buying again . we have the same thoughts if you think that the 47k is the lowest because we are stuck at 47k for days but this may be high for buying but if you can afford 40 and 42k maybe you can give an exeption to 47k for the first time . Such level is more close than expecting to see Bitcoin to fall up to $10K, with so many good news happened after this year and with more interest coming from institutional new investors that low still far or it won't happened anymore. But likewise, we are inside crypto and we don't know what future brings ahead. We need our knowledge to enhance more and to keep ourselves updated with whatever news that may come and bring Fomo's or Fuds, be very careful, positioning depends from how you assess and analyze the market. Title: Re: How much lower you think BTC can go in this drop ? Post by: SaShiRaJaVu on March 01, 2021, 04:26:03 PM My estimate is that the price could drop into low 20k levels, like 22-24k level, that seems like a reasonable price to drop if it bottoms out. This could be something like a correction and doesn't reach 40k and then increase to 100k+ that would be great but that is of course if this is not a drop and it would be an increase instead, this is why I believe it should be something similar like what happened a month ago, BUT even if that is not the case and it drops to insanely low levels that would mean that we will definitely reach to low 20k levels as a bottom and it will not go down anymore. That is what is expected during the major correction that the price would go down to $20k levels but right now we are still in the bull era and we saw a momentary weakness in the market and i was expecting the correction to stay for a few days but the market is recovering yet again. Everyone is expecting the market to touch $100k and if that happens then if the market goes to $20k levels it does not look good for the market.Title: Re: How much lower you think BTC can go in this drop ? Post by: jaberwock on March 01, 2021, 06:13:25 PM My estimate is that the price could drop into low 20k levels, like 22-24k level, that seems like a reasonable price to drop if it bottoms out. This could be something like a correction and doesn't reach 40k and then increase to 100k+ that would be great but that is of course if this is not a drop and it would be an increase instead, this is why I believe it should be something similar like what happened a month ago, BUT even if that is not the case and it drops to insanely low levels that would mean that we will definitely reach to low 20k levels as a bottom and it will not go down anymore. That is what is expected during the major correction that the price would go down to $20k levels but right now we are still in the bull era and we saw a momentary weakness in the market and i was expecting the correction to stay for a few days but the market is recovering yet again. Everyone is expecting the market to touch $100k and if that happens then if the market goes to $20k levels it does not look good for the market.A lot of people feel scared already, and they are getting away, but as you can see the price stands and nothing happens there. This is why I keep telling people not to worry because if everyone is in panic mode like this and they are not dropping the price, they are not really capable of doing it and we should be fine. Last time we had a crash like this, we recovered and did a 2x, that is what I keep saying, we did a 2x after a drop like this and if we are on that path again right now, that means we could actually make a good profit if we get in right now. Title: Re: How much lower you think BTC can go in this drop ? Post by: Yatsan on March 01, 2021, 09:38:57 PM Nothing sure as always. We cannot tell exactly into how much extent the drop would go because surprisingly, the price pumps up bit by bit even if it experiences sudden dump in terms of price within the past few days. Let us just wait and see into what extent can it get through if it will remarkably get back into where it have started $20k or just sustain its position up in more than $30k. Anyways, no one will know for we are just suspecting based on what we think can happen. The answers will be unfold no matter what in the near future so better just wait and see if our assumptions will be right or wrong.
Title: Re: How much lower you think BTC can go in this drop ? Post by: Rexler on March 01, 2021, 10:39:29 PM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you The crypto market is very volatile and unpredictable, no one can predict what will happen the next minute except with a good trading strategy, which isn't 100% sure that it will go as planned on the chart, there's a possibility bitcoin might dip to $42k soon, but no one can say for sure when that's going to happen, for now there are more good news about bitcoin which will make the price of bitcoin to pump back up, although not up to the ATH price so fast, it will take some time to reach that price again. Title: Re: How much lower you think BTC can go in this drop ? Post by: SquallLeonhart on March 02, 2021, 08:42:04 AM in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? We have probably seen the lowest it will reach, there doesn't seem to be any situation at all that would make things any lower, sure it is crypto and we could always find something that would make things cheaper but the reality is that we are in a world where bitcoin may become 30k or 100k tomorrow, so only thing we can do is speculate about it.I believe we have seen the drop but someone else may come up and say that we haven't decreased enough and we are going to see under 30k and I can't prove otherwise, but the weird thing is I can say from now on we are not going to drop any more and we will increase to insane levels without stop from this price and nobody can provide otherwise neither. So, when someone says it will drop and can't be proven otherwise and someone says it will go up and can't be proven otherwise, all we can do is just assume something and it will definitely be higher by my assumption. Title: Re: How much lower you think BTC can go in this drop ? Post by: elisabetheva on March 03, 2021, 02:51:56 AM Yes, it can go below $40k to $20k before it will hit $60k for many customers who has been expecting the price to decrease for them to buy and hold for future profit, not to miss the opportunity. According to some researchers bitcoin and other cryptocurrencies price always decrease in the month of March, to show some signs either to decrease more or about to increase higher in the market. It looks like what you are saying might be the desire of many people to finally be able to buy bitcoin when it drops . but it seems difficult for now bitcoin will reach $ 20K even though in crypto it could happen. but when bitcoin at the beginning of febuary drastically decreases it can come back quickly to increase which indicates that bitcoin does not want to linger at a low price and it feels at home being valued at this time. So in fact, if you want to invest, the most important thing is not to be afraid that bitcoin will increase sharply and will make your investment pay off at any time. do not need to hesitate and fear the important thing you need patience to see the situation. Title: Re: How much lower you think BTC can go in this drop ? Post by: Sinjokubhi on March 04, 2021, 04:03:02 PM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you Just as no one could predict how higher bitcoin would go in price; the same applies, no body knows how much lower bitcoin will drop this is a crucial moment when you need your trading strategy to work for you. Do you have one ? Seems and hope does not apply to crypto currency market trading; where are your facts and findings ? Yups right, no one can know what the highest price bitcoin will reach and how much it will drop in price. We can only predict it. Predictions are not completely perfect to hit the target, but with this ability we can predict where the price will go up and down to what extent. This, can make it easy for us to make decisions for what to do next, stay afloat by placing a stop loss or selling it if it feels like getting enough profit. Predicting cannot be done carelessly, there are many factors that we can use to predict the price volatility that is happening in the market. One of them is through news that is happening or the ups and downs of the charts. From there you can start to know the movement of your assets, frequent updates about current conditions or problems every day, that will also help. Because predicting before something unexpected happens is very important to anticipate the arrival of a risk that will make a loss to the asset. Title: Re: How much lower you think BTC can go in this drop ? Post by: emmybd on March 04, 2021, 08:15:07 PM This time around bitcoin may not go down as low as happened before. A few years back, after touching 20k it came down as low as 5k. But, this time that's not going to happen. As a lot of big investors and some big financial institutions have invested in bitcoin, so we can say that it has gained some sort of stability. But, there is still room for manipulation by big players.
Title: Re: How much lower you think BTC can go in this drop ? Post by: LUCKMCFLY on March 06, 2021, 02:17:41 AM This time around bitcoin may not go down as low as happened before. A few years back, after touching 20k it came down as low as 5k. But, this time that's not going to happen. As a lot of big investors and some big financial institutions have invested in bitcoin, so we can say that it has gained some sort of stability. But, there is still room for manipulation by big players. I think that now the new investors are taking center stage, the old Bitcoin investors have not moved anything yet, when the millionaire wallets are reviewed, the percentage still remains the same, at least in those who have 100-1000 Bitcoins. This tells me that the bullish trend has not arrived, that all this new ATH has been due to institutional investment, those like Paypal, Elon, Microestrategy, it is a logic that makes sense. Title: Re: How much lower you think BTC can go in this drop ? Post by: bryant.coleman on March 06, 2021, 04:00:41 AM This time around bitcoin may not go down as low as happened before. A few years back, after touching 20k it came down as low as 5k. But, this time that's not going to happen. As a lot of big investors and some big financial institutions have invested in bitcoin, so we can say that it has gained some sort of stability. But, there is still room for manipulation by big players. Institutions are there for the long term, and I don't think that they will sell their coins after 3 months or 6 months, irrespective of the prices. And regarding individual investors, they are aware about what happened when Bitcoin went down previously. Those who sold their coins back then incurred huge losses. So I don't think that a lot of the individual investors will commit the same mistake this time, if the prices go down. Title: Re: How much lower you think BTC can go in this drop ? Post by: shoreno on March 06, 2021, 04:31:28 AM This time around bitcoin may not go down as low as happened before. A few years back, after touching 20k it came down as low as 5k. But, this time that's not going to happen. As a lot of big investors and some big financial institutions have invested in bitcoin, so we can say that it has gained some sort of stability. But, there is still room for manipulation by big players. Institutions are there for the long term, and I don't think that they will sell their coins after 3 months or 6 months, irrespective of the prices. And regarding individual investors, they are aware about what happened when Bitcoin went down previously. Those who sold their coins back then incurred huge losses. So I don't think that a lot of the individual investors will commit the same mistake this time, if the prices go down. since when the big investors start coming in ? i think it was still early but if that crosses around 3 to 6 months , they may sold thier coins but not in a way of manipulating it . they are not manipulators but big companies are formal investors , it was the whales are manipulating this the market . now you know @op , i hope you can get an idea to what i said and you should act now if your plan is to buy because the price wont drop further until some times but the probability that it will increase is there. Title: Re: How much lower you think BTC can go in this drop ? Post by: chikading2016 on March 06, 2021, 11:45:31 AM This time around bitcoin may not go down as low as happened before. A few years back, after touching 20k it came down as low as 5k. But, this time that's not going to happen. As a lot of big investors and some big financial institutions have invested in bitcoin, so we can say that it has gained some sort of stability. But, there is still room for manipulation by big players. Institutions are there for the long term, and I don't think that they will sell their coins after 3 months or 6 months, irrespective of the prices. And regarding individual investors, they are aware about what happened when Bitcoin went down previously. Those who sold their coins back then incurred huge losses. So I don't think that a lot of the individual investors will commit the same mistake this time, if the prices go down. since when the big investors start coming in ? i think it was still early but if that crosses around 3 to 6 months , they may sold thier coins but not in a way of manipulating it . they are not manipulators but big companies are formal investors , it was the whales are manipulating this the market . now you know @op , i hope you can get an idea to what i said and you should act now if your plan is to buy because the price wont drop further until some times but the probability that it will increase is there. Title: Re: How much lower you think BTC can go in this drop ? Post by: bitterguy28 on March 06, 2021, 12:19:02 PM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you Close to your prediction because Bitcoin fell low at 43,000$ but now seems nothing can go lower more as the price is staying strong at46,000 and up but who knows ? actually i was seeking for at least 35,000$ so i can buy more than 30% This time around bitcoin may not go down as low as happened before. A few years back, after touching 20k it came down as low as 5k. But, this time that's not going to happen. As a lot of big investors and some big financial institutions have invested in bitcoin, so we can say that it has gained some sort of stability. But, there is still room for manipulation by big players. wrong it drops down to 4k in March 2020 , but now after breaking the 20,000 once more ? never that if fell down again below that point.But who knows if there is another pandemic comes . Title: Re: How much lower you think BTC can go in this drop ? Post by: newwest on March 06, 2021, 01:12:26 PM This time around bitcoin may not go down as low as happened before. A few years back, after touching 20k it came down as low as 5k. But, this time that's not going to happen. As a lot of big investors and some big financial institutions have invested in bitcoin, so we can say that it has gained some sort of stability. But, there is still room for manipulation by big players. Not expecting any major fall now tough some downfalls could always exist and will come but the recovery period and bounce back will be soon. Not like 2017 where it took 3 years to returns to its ATH. So, around the existing price only expect the lower range could be and seeing mostly the upside from here after the big companies have now invested and invested in it. Title: Re: How much lower you think BTC can go in this drop ? Post by: lifeOK on March 06, 2021, 01:42:04 PM This time around bitcoin may not go down as low as happened before. A few years back, after touching 20k it came down as low as 5k. But, this time that's not going to happen. As a lot of big investors and some big financial institutions have invested in bitcoin, so we can say that it has gained some sort of stability. But, there is still room for manipulation by big players. Not expecting any major fall now tough some downfalls could always exist and will come but the recovery period and bounce back will be soon. Not like 2017 where it took 3 years to returns to its ATH. So, around the existing price only expect the lower range could be and seeing mostly the upside from here after the big companies have now invested and invested in it. Title: Re: How much lower you think BTC can go in this drop ? Post by: justdimin on March 06, 2021, 02:07:32 PM This time around bitcoin may not go down as low as happened before. A few years back, after touching 20k it came down as low as 5k. What makes you so sure that Bitcoin is not going to drop that same way that it did back then? We are seeing it go this far for the time, and this was least expected by everyone, we were not expecting this price of $50,000 to come really quick, but here it is. We don’t know how it will be when it starts dropping finally, we just can’t tell.Moreover some people also never expected the bull run again because of pandemic but it still happened, that goes to show how unpredictable this market can be. And it’s not like all those big investors you’re talking about are not going to sell their coins at a some point. Title: Re: How much lower you think BTC can go in this drop ? Post by: Pamadar on March 06, 2021, 02:12:16 PM This time around bitcoin may not go down as low as happened before. A few years back, after touching 20k it came down as low as 5k. But, this time that's not going to happen. As a lot of big investors and some big financial institutions have invested in bitcoin, so we can say that it has gained some sort of stability. But, there is still room for manipulation by big players. Not expecting any major fall now tough some downfalls could always exist and will come but the recovery period and bounce back will be soon. Not like 2017 where it took 3 years to returns to its ATH. So, around the existing price only expect the lower range could be and seeing mostly the upside from here after the big companies have now invested and invested in it. Not unless big players play to create a big shake, it surely affects the entire market. It's good to see that there are lots of institutional investors who are now part of this industry, with so many money involve falling that deep might no longer possible, there are new players who will catch and buy that cheap coins, whales might think twice before trying to make such moves. Title: Re: How much lower you think BTC can go in this drop ? Post by: Becky666 on March 06, 2021, 03:36:49 PM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you What everyone is doing right now are just guesses and not that they know the down nor the top. Currently, there are different reactions from the new and old investors so the market will generally behave differently this time. The resistance we have seen in the past are same as you mentioned and maybe it won't go down more than what we have here at the moments. Although we need to have all time all this time before a huge drop. Title: Re: How much lower you think BTC can go in this drop ? Post by: JimboToronto on March 06, 2021, 04:24:41 PM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you Why do you hope for the price to go down? Did you sell unnecessarily? Now's a great time to buy. Title: Re: How much lower you think BTC can go in this drop ? Post by: menoiazei on March 06, 2021, 04:28:51 PM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you not sure will drop so much, Buy now because later will cost more ;) Title: Re: How much lower you think BTC can go in this drop ? Post by: masterzino on March 06, 2021, 08:27:58 PM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you I don't see Bitcoin under $40k anytime soon without any major bad news. Every second mainstream media now is talking about Bitcoin and crypto, so every day more people are buying and joining the community. Title: Re: How much lower you think BTC can go in this drop ? Post by: 2double0 on March 06, 2021, 08:59:52 PM $46000. If btc manages to break below it, I see everything in red and if it closes today above this $46k level (which it will do for sure but as it is crypto, I cannot say anything), then I will not be surprised if btc goes over $55k tomorrow only. MA60 had been retested various times but whenever btc touched it, it retraced back up. So, it is also a major indicator for me to watch for now.
Title: Re: How much lower you think BTC can go in this drop ? Post by: Yamifoud on March 06, 2021, 10:52:17 PM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you I do not wonder why many people preparing for the possible dumps. If the market turns to the bearish season, maybe we can see its price drop below $30k but somehow, not a guarantee that it goes like that while seeing the strong support level. The continuous increase of Bitcoin demand stopping the possible dump that we are expecting to see after reaching the new ATH. We drop at $47k, but it gets back so fast to $49k. We can't see any sustaining drops until now, it is pretty to tell the time when this bullish season will end. Title: Re: How much lower you think BTC can go in this drop ? Post by: raji1995naya on March 06, 2021, 10:55:01 PM 44K level is a very good supply level. If BTC breaks 44K level then it will retest 42K level. If it also breaks then we have support around 38K level. If it breaks we can expect BTC in 30K level and consolidating for a long time period within 30 - 40K
Title: Re: How much lower you think BTC can go in this drop ? Post by: BuNga_cute on March 06, 2021, 11:53:44 PM If you look at the movement of Bitcoin in the last few weeks, it looks like Bitcoin support price at $ 47k is very strong. So I don't think Bitcoin price
will fall below $ 47k, it is evident that Bitcoin price is slowly now starting to go up to $ 49k. In the near future the price of $ 50k can be reached, if it fails to rise above the price of $ 50k. Bitcoin price will drop again to a price of $ 47k, I hope the Bitcoin price makes it past the $ 50k mark. So it can come right back to the price of $ 58k. Title: Re: How much lower you think BTC can go in this drop ? Post by: Oldminers on March 07, 2021, 05:52:46 AM either $41k or $63k, we shall see ....
Title: Re: How much lower you think BTC can go in this drop ? Post by: darewaller on March 07, 2021, 05:12:44 PM since when the big investors start coming in ? i think it was still early but if that crosses around 3 to 6 months , they may sold thier coins but not in a way of manipulating it . they are not manipulators but big companies are formal investors , it was the whales are manipulating this the market . now you know @op , i hope you can get an idea to what i said and you should act now if your plan is to buy because the price wont drop further until some times but the probability that it will increase is there. I agree on that there will be a great posibility that bitcoin will not fall continuously i think it will continue to rise up to 100k$ at the last quarter of the year, because bitcoin is now becoming more useful and many investors trust it so even of it will fall it will surely rise up high again.During that period I believe it is going to be at a level where the price will be somewhere between 60k to 80k and that seems reasonable, it would be somewhere 20-40% increase and that is realistic for a whole year in bitcoin world, not like it is shocking. I believe it is going to be something that is realistic and not like the previous 5 months or so, this past 5 months was great but that kind of increase is not sustainable at all. Title: Re: How much lower you think BTC can go in this drop ? Post by: yohananaomi on March 16, 2021, 03:53:47 AM it looks like bitcoin this month's lowest value is at $ 43K, so if there was a drastic decline it wouldn't go past that number. but there is no need for excessive worry that the possibility to continue to increase will always occur in bitcoin, if you see when it goes down then he tries to get back up again, because this is how bitcoin is going to increase sharply then he will correct it first. Title: Re: How much lower you think BTC can go in this drop ? Post by: Swopon on March 16, 2021, 05:12:12 PM For the current market, Bitcoin is now at $55790. From this position if Bitcoin go lower then I am expecting it around $50k though it can be changed slightly. Current market is influenced by the institutional investors. If they again invest on BITCOIN with a large amount then the price can get higher and maybe the new record will be seen.
Title: Re: How much lower you think BTC can go in this drop ? Post by: Fredomago on March 16, 2021, 07:45:17 PM For the current market, Bitcoin is now at $55790. From this position if Bitcoin go lower then I am expecting it around $50k though it can be changed slightly. Current market is influenced by the institutional investors. If they again invest on BITCOIN with a large amount then the price can get higher and maybe the new record will be seen. Institutional investors who brought huge amount of investment, any action from them can create impacts to entire market, Their experienced with traditional industry will keep the price. We don't know what's their take but most of the time, this types of investors are after with huge profits, they will try to maximize. Before they'll sell out, if they'll put more then expect that the price will rise again and might hit another high. Title: Re: How much lower you think BTC can go in this drop ? Post by: tabas on March 16, 2021, 10:18:25 PM For the current market, Bitcoin is now at $55790. From this position if Bitcoin go lower then I am expecting it around $50k though it can be changed slightly. $50k is safe to say that can be the bottom by this time. But I think we're starting to see it now recover and if it manages to go back to $60k, that will give everyone an expectation that it will go to $70k the soonest.Current market is influenced by the institutional investors. If they again invest on BITCOIN with a large amount then the price can get higher and maybe the new record will be seen. That's for sure and will also encourage others to buy.Title: Re: How much lower you think BTC can go in this drop ? Post by: Zemomtum on March 16, 2021, 10:43:04 PM The present situation might see BTC retrace to 51k, if this does happen, the next target will be 70k and then 122k, and all might happen within 2 months from now.
Title: Re: How much lower you think BTC can go in this drop ? Post by: arufox on March 16, 2021, 11:24:27 PM The present situation might see BTC retrace to 51k, if this does happen, the next target will be 70k and then 122k, and all might happen within 2 months from now. We are talking about the price drop after a huge correction like happen in 2017. Because we want to buy at very low price. We don't talk about price drop a few months later.Based on ATH and ATL in 2017-2019 the price drop from 1/5-1/6 from ATH, so let's wait ATH first Title: Re: How much lower you think BTC can go in this drop ? Post by: rodskee on March 17, 2021, 05:10:22 AM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you Price already drop to 42k so I am hoping you did purchase Huge amount from that Fall?after breaking that low bitcoin made another ATH in which 62,000$ and now starts to fall again in which I believe waiting for another Fall once more before taking the 75,000 value. Now my question is how far Bitcoin can Go? 100k or up to 125k. Title: Re: How much lower you think BTC can go in this drop ? Post by: elisabetheva on March 22, 2021, 05:17:29 AM Price already drop to 42k so I am hoping you did purchase Huge amount from that Fall? After doing ATH, usually bitcoin will have a reasonable correction at this time, where the goal is to increase to make ATH renewable again. since last year the trend has been read and maybe someone wants a short-term investment which is certainly very profitable.after breaking that low bitcoin made another ATH in which 62,000$ and now starts to fall again in which I believe waiting for another Fall once more before taking the 75,000 value. Now my question is how far Bitcoin can Go? 100k or up to 125k. This trend is expected to continue until the end of this year, up and down graphs continue to occur, so if this continues to be consistent, then at the end of the year bitcoin will be able to reach quite fantastic ATH, because entering third month alone (March), already ATH $ 61,711.87 - Mar 13, 2021, then the year-end ATH is clearly very high. Title: Re: How much lower you think BTC can go in this drop ? Post by: newwest on March 22, 2021, 05:25:31 AM 44K level is a very good supply level. If BTC breaks 44K level then it will retest 42K level. If it also breaks then we have support around 38K level. If it breaks we can expect BTC in 30K level and consolidating for a long time period within 30 - 40K More likely bitcoin is stable now around 55k price level and hovering around in the specific price range. Though it requires a bigger push to break the currently price resistance and move again upwards to 60k mark which may be little difficult at now, but a big news certain can surpass it and will lead to a bigger growth ahead. Title: Re: How much lower you think BTC can go in this drop ? Post by: slaman29 on March 22, 2021, 10:03:56 AM More likely bitcoin is stable now around 55k price level and hovering around in the specific price range. Though it requires a bigger push to break the currently price resistance and move again upwards to 60k mark which may be little difficult at now, but a big news certain can surpass it and will lead to a bigger growth ahead. I keep seeing this as a higher low period after that big crash, which means we're really still going up in this rally in terms of higher steps. The only problem for me is if this was all thanks to musk and then following on after that the new stimulus cash from Biden. I'd like to see a rally that goes on regardless of all the good news for me to feel MORE confident (not that I'm not at all confident now:) ). Title: Re: How much lower you think BTC can go in this drop ? Post by: philipma1957 on March 22, 2021, 10:18:36 AM Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you I think you simply are imagining a drop. look at this set of numbers Bitflyer/ (https://bitcoincharts.com/charts/bitflyerJPY) * Chart Legend/Explanation * (https://bitcointalk.org/index.php?topic=138109.msg54917391#msg54917391)Simply lock your thread an open it when we get to the New Years eve prices. The most like case is we ae moving sideways and slightly upwards for months to come with a strong up tick in the fall. We do not see real bears until Jan-Feb 2022 maybe a bit later say eat spring of 2022 until then buy what you can afford once a week or once a month, |
