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Author Topic: What price will never be seen again?  (Read 1116 times)
BitHodler
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June 12, 2019, 10:27:08 PM
 #121

looking like 6000s might be gone forever. Once the correction this past week ends and bitcoin moves solidly back into the 8000s I think it will be safe to say 6000s are gone for good.
Not so quick. People also believed any price below $6000 last year was impossible, but we have seen how brutal the market can be when it goes against the mass. I'm sure that most of these people panic dumped as result.

$6xxx prices are pretty close with how thin the market is--we have recently wicked below $7000 on Bitstamp, and this was just a single whale dump. What if it wasn't bought up quickly? It just as easily could have triggered many stops.

My personal opinion:

$3xxx prices are extremely unlikely.
$4xxx prices are unlikely.
$5xxx prices within correction range.
$6xxx prices are likely to be seen again.

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June 13, 2019, 04:38:08 AM
 #122

looking like 6000s might be gone forever. Once the correction this past week ends and bitcoin moves solidly back into the 8000s I think it will be safe to say 6000s are gone for good.
Not so quick. People also believed any price below $6000 last year was impossible, but we have seen how brutal the market can be when it goes against the mass. I'm sure that most of these people panic dumped as result.

$6xxx prices are pretty close with how thin the market is--we have recently wicked below $7000 on Bitstamp, and this was just a single whale dump. What if it wasn't bought up quickly? It just as easily could have triggered many stops.

My personal opinion:

$3xxx prices are extremely unlikely.
$4xxx prices are unlikely.
$5xxx prices within correction range.
$6xxx prices are likely to be seen again.
If the price keeps moving as per the above prediction then it is truly good, but from my opinion any value could be seen again as the cryptocurrency market isn't the same as the commodity market. People have been predicting $5000 as the low bottom, but the price went much lower to that and same is with ethereum and other altcoins. This way I believe bitcoin price can touch any low value as well top value in no time.

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June 13, 2019, 07:00:20 AM
 #123

looking like 6000s might be gone forever. Once the correction this past week ends and bitcoin moves solidly back into the 8000s I think it will be safe to say 6000s are gone for good.
Not so quick. People also believed any price below $6000 last year was impossible, but we have seen how brutal the market can be when it goes against the mass. I'm sure that most of these people panic dumped as result.

$6xxx prices are pretty close with how thin the market is--we have recently wicked below $7000 on Bitstamp, and this was just a single whale dump. What if it wasn't bought up quickly? It just as easily could have triggered many stops.

My personal opinion:

$3xxx prices are extremely unlikely.
$4xxx prices are unlikely.
$5xxx prices within correction range.
$6xxx prices are likely to be seen again.
well, personally, I feel that the price of $ 4xxx may be quite difficult to see. well, even more so if the price developments continue to happen like now. prices may actually be high, and in the future, maybe the price of bitcoin will be very difficult to fall below the price of $ 5xxx.

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June 13, 2019, 08:50:43 AM
 #124

looking like 6000s might be gone forever. Once the correction this past week ends and bitcoin moves solidly back into the 8000s I think it will be safe to say 6000s are gone for good.
Well, for now, I think that depends on the situation, because I feel that we can still see any price at this time. it's just that, maybe we won't see a price below $ 6000 for a while, and when the price gets higher, I think it will be more certain.

The most big barrier depending on historical calculation never can consider btc below 3.000 Usd even in the worst acceptable scenario.. Optimistically 10.000 should be reached again this year and consolidated.
litecoin has told us about the impact from the blockhalving and i guess you guys will not see the price of bitcoin will worth below 5k level again in the future. A few months before block halving and i believe the pump for bitcoin will happen.
10k can be broken by bitcoin  this year but we will see what will be happening soon. Im still waiting for the FOMO for bitcoin halving time.

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June 13, 2019, 11:15:53 AM
 #125

After observing these past few weeks, it appears that bitcoin is indeed starting to move positively and is very encouraging. even though it goes down and rises it is out of control and very fast. but it looks like bitcoin won't return below the value of $ 7K. and will continue to rise even though it will also come back down. very sure bitcoin will move on to go up to the best. hoping very much.

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June 13, 2019, 11:54:29 AM
 #126

Agreed on $3k. Looks like gone forever.
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June 13, 2019, 12:04:59 PM
 #127

We wont see anymore the 3000$ bitcoin price ,and  for the next dump on btc the lowest price it could reach is 10000$ ,and that would be the last time we will ssee 10000 on the price of bitcoin.

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June 14, 2019, 08:57:42 AM
 #128

Any number is possible we can't say the price won't be drop under 3000, learning from the 2017, we can see how big and fast the drop is possible and for upper price any number is possible because the positive news that keep on appearing so ath is not impossible things, but it will certainly need time
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June 16, 2019, 05:31:25 AM
 #129

Any number is possible we can't say the price won't be drop under 3000, learning from the 2017, we can see how big and fast the drop is possible and for upper price any number is possible because the positive news that keep on appearing so ath is not impossible things, but it will certainly need time

Yes, everything is possible, we know, there's a possibility that tomorrow a solar flare will fry all electronics and Bitcoin will go to zero, but it's all a matter of probability - the goal is to predict the highest price that won't be seen again with the highest probability, it's boring to say something like $10, because there's like 99.999999999% that it will never be seen again.

I think we are entering a new period of upward movement, which means that correction will not happen anytime soon, since we've already recovered from a correction. This moves the next local bottom to new highs, it can even be higher than the current price.
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July 05, 2019, 04:50:52 PM
 #130

At this point, most of us who have BTC hope that we will never see a price under $10k. The ones who didn`t invest in BTC hope that prices will drop so they can buy. Either way, we can hope for whatever we want, the price will swing in the way supply and demand dictate at that moment.
I have BTC already, I`m in the group that hopes we will never see price under $10k.



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July 10, 2019, 03:11:45 PM
 #131

Looks like under $10k is gone forever at this point. Permanent 5 digit territory and up from here on out!
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