What threshold will bitcoin go down this year?
I think after a big correction Bitcoin will drop like happen in 2017 and for dump until $10K I think still possible if based on the current price. But we are too early to predict the deep price. So let's wait until Bitcoin hit the peak price and the bull run will over and will make it easier to predict the deep price
|
|
|
OP, or Bitcoin might never crash below $50,000 again.
May be you should correct your figure because bitcoin as at the time of this reply is trade at $48k and above bit not up to $50k as you stated. We keep watching the price to see what happen in the bitcoin market as it is unpredictable. I think he just typo, he thinks $20K as OP says, Op mention back to $20K, this is the bad scenario of Bitcoin, and I think this not gonna happen in a short time, maybe we will see this drop after a big correction like 2017. My knowledge to read the chart is not good but based on the experience I will agree with OP, we will see the massive drop
|
|
|
Well this year I’ve made better gains on ETH than BTC. Not all alts are shitcoins. But yes all alts are a means to gain more BTC or $$$....
How can you say all alts are shitcoins, I make a lot of money on altcoin than Bitcoin, and there is a lot of new technology from altcoin that change the world than Bitcoin. I agree that Bitcoin is the mother of coins but the technology always update, stuck in Bitcoin will make you missed good profits
|
|
|
I think bitcoin will drop to another Support in the next 24 hours, The volume is lower than the last weeks.
what do you think guys ?
You can't predict what will happen in the next 24 hours, if your reference only about volume, Volume transaction every day is easy to increase and decrease. You should know that Bitcoin is a long term investment, don't try to find the lowest price and sell it for fast profits, you should buy it as an investment, not as a trading asset
|
|
|
Has Elon Musk's tweet caused the bitcoin bubble to burst? Will it be the beginning of the bitcoin crash?
There is no any personal or any company that can make bitcoin crash or bubble Because Bitcoin is decentralized and uncontrolled. And like I said before "Elon Musk's tweet is unhealthy for the crypto industry, He should stop making tweet like that Do you know his last tweet about Doge? But no effect anymore. People are learned from past
|
|
|
Just my personal opinion, Elon Musk's tweet is unhealthy for the crypto industry because he created a FOMO, and people who don't have knowledge will potentially loss their money. It's so good because Elon Musk support Bitcoin and other cryptocurrency but making a FOMO is not good for us and for the haters
|
|
|
Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.
What you mean a few months?? Do you mean this correction will happen for over a month?? I'm not sure about that, You should put your analysis or your thread just be FUD I will say that in March we will recover slowly. The reason is simply that a lot of whales still hold their Bitcoin
|
|
|
Why you need to panic when you knew you can get those profits back once the bitcoin increases again and if not then you should panic then , ever since theres still other coins where you can invest even though some of altcoins are going down too , well if you had enough money to reninvest or buy into new projects why not it's worth to risk too just don't too greedy that much
You are right, but not everyone will think like you. I join the crypto group on Facebook and every day I see so many people get angry regretful because their assets were dumped. This is annoying for me, every day I see people grumble. A lot of newcomers join the crypto world with little knowledge, that's why many of them panic
|
|
|
Big correction for Bitcoin and Altcoins, but I don't see any new analysis from you. I think your thread will so helpful for many people. When you will update about the condition of the market?? I prepare to buy now, but I think more bearish will come, What do you think?
|
|
|
I think no one here knows the deep price of coins, keep try to find the dip price will make you miss the train. I think should be "Buy at current and HOLD". In the end, Holder will win, even if they don't buy at dip price. We are in bullish season and many predictions will continue until the end of the years. So the current price is okay
|
|
|
I don't hear any bad news or Fud about Bitcoin. Bitcoin can't always fly, need to rest before another jump. We will meet with market correction+panic sellers, so I think this is the reason behind it. I just want to know, is anyone here who can predict how deep Bitcoin will dumped?
|
|
|
I almost forgot I made this bitcoin bottom analysis more than 2 years ago, It has been a wild journey ever since, I believe in a few months I shall be posting another analysis on how bitcoin has likely topped, interesting times ahead, I take this chance to praise everyone (myself included ) for staying strong when the majority of people were in panic mode, it's easy now to look back and say, oh, it was obvious and simple! since 2 years have passed and the price moved from 3k to over 50k, but it was certainly not easy then. Those who were strong enough to enter when all the media and 90% of everyone around them was telling them BTC was going to zero, congratulations you deserve to own bitcoin when everyone wants to buy it for 50k. I join in Cryptocurrency in 2017 and start to buy my First Bitcoin, When Bullrun comes and my asset grow to a value that I could never imagine then I believe that this coin is a future investment and the price will continue moon Because I don't have enough knowledge and my mind keeps saying "will to the moon", so I keep hold it until I regret my decision. After that, I start to learn about the chart and I know that we cant to always moon, Big correction will happen after Bullrun Keep sharing your prediction and knowledge sir, I will be faithfully waiting for your predictions
|
|
|
Really appreciate for an early adopter of Bitcoin. We know that the Bitcoin journey at the beginning is so Hard, too many Bads news, FUD, and many people against it. But this guy is trusting it. I don't know who is he but if he still holding their Bitcoin, He is a millionaire now. $100-$57K. what an increase
|
|
|
I joined here when the market cap was $4.6bn... Doubt we'd have believed anyone bitcoin would do 24500% in that (fairly) short time of 6 years... It's an impressive high and it doesn't look like we're losing momentum either (2 trillion+ feels quite likely now - or 6 ). Totally see $2 trillion and potentially even $3 trillion (though perhaps for a very short time/peak) happening this year. Far higher in the years to come though I think we must focus on $2Trilion first and it's just about time, For 1 trillion we can reach it around ten years after Bitcoin launched.' And for $2 trillion, I think we don't need to wait until ten years too, but maybe only need 5years-6years. Because Bitcoin is more famous and the price already so high, so will be easy to reach $1T again rather than before
|
|
|
I just want to say that everyone has their strategy to take benefits from the market. So not all people will do what you thinking. Bitcoin and Altcoin can grow together, so your question "Will Altcoin's loss become Bitcoin's gain? Of course NO. And if you try to look at altcoin, sometimes you can find the hidden gem
|
|
|
Everyone can rich in crypto, and no idiot people, if they buy Bitcoin, no matter what price he bought it for. He will get profits if they can patient. If you thought that you could buy bitcoin cheaply, you are wrong. A lot of people now want to buy bitcoin for $ 27K but the price keeps increasing and they can't buy it for $ 27K
|
|
|
Dan Tapiero, co-founder of Gold Bullion International believes that it’s only a matter of time before Bitcoin ’s price surges into the six-figure threshold. “In the next five years, I can see gold at $4,000, so that’s double. But if gold is at $4,000, Bitcoin is probably somewhere between $300,000 and $500,000, so that’s a 20, 30x.” https://cointelegraph.com/news/no-debate-that-bitcoin-will-increase-20x-says-gold-industry-insider5 years later so we will meet another halving, and the positive impact of halving is the price will soar. So the question will be 20x or 30x? Yes or No. But whatever will happen in the next 5 years, I'm sure that bitcoin will be 20x-30x it will be in 5 years or more or maybe less than 5 years, who know??
|
|
|
You should stop taking all benefits.. Bitcoin pumped you sell in peak, bitcoin dumped you buy in deep. Because no one can take all advantages of price fluctuation, so you need to be relieved. And I think if you always check the price for short term sometimes make you emotional or angry, so focus on the long term and you will be happy
|
|
|
Do you think that bitcoin could have a market cap of around 200 trillion? Is it feasible?
Go check this thread https://bitcointalk.org/index.php?topic=5316474.0. I think your question is relevant with that $200 Triilion? It will so difficult but I believe that Bitcoin can, but how long you must wait? 20Years??. Maybe another question what is your preparation if Bitcoin reaches it? Try to be realistic on here. Check on whats the daily volume that you can see in forex? Basing on answers here: https://www.quora.com/Whats-the-total-cap-size-of-ForexIt do able to have that $4-7 Trillion in terms of liquidity or daily volume.So imagine on what are the numbers when it comes to capitalization which is unknown or immeasurable and since you do talk about 200 trillion here then it is just simply talking that bitcoin is already on the top of the chain which is way more than with fiat. Does it sound possible? No its not. Bitcoin is different from Forex, yeah Forex can't do it but I'm sure that Bitcoin can Your link is answered 3 years ago. you should put a fresh link
|
|
|
I can't imagine how expensive Bitcoin when 2035 and I'm sure that 1 Bitcoin is will become so expensive. To 2035 it's mean around 14 years later and I believe that we all can have 1 Bitcoin before 2035 is coming. So start to earn and buy your Bitcoin now to prepare for the future. But 14 years?? Do you think people can wait for so long? It's will become so hard
|
|
|
|