Bitcoin could still crash below $3000 - Vinny Lingham

[bbc.reporter]

We have found our next entertainer for the bitcoin speculation subforum that will replace our favorite bitcoin bull Tom Lee hehehe.

Vinny Lingham is known for his bearish attitude on bitcoin during 2017 when everyone was hyperbullish. He also declared that he sold all his bitcoins on $1250 in that year, I reckon.



Vinny Lingham, CEO of Civic, while discussing what is next for the Bitcoin price with CNBC’s Crypto Trader Ran Neuner noted that he is still not convinced the crypto winter market is over. Vinny still expects the bitcoin price to hold a particular level before he’s ready to concede that the bears have lost control.

Vinny explained that “I’m not buying any bounce right now that doesn’t go to around $6,200 and stays there for at least 24-48 hours as being the end of the bear market cycle.”

Also, Vinny like most crypto enthusiasts concedes that the bitcoin price is near the bottom of the bear market cycle. However, it could have more bouncing to go. His assertion is based on history that bitcoin hasn’t escaped a bear market until the price is two times higher than the bottom. Hence, the current circle could still fall below the mark of $3,100, and $6,200 mark is the clear coast of the bull run. Vinny stated that “There’s absolutely a chance we could go below $3,000. I don’t think the bear market cycle is necessarily over.”

Read in full https://www.btcnn.com/news/vinny-lingham-bitcoin-could-still-crash-below-3000/

[1715004523]

1715004523

[1715004523]

1715004523

[1715004523]

1715004523

[1715004523]

1715004523

[jademaxsuy]

So, if he thinks this way then the possible outcome would be exactly the opposite. You were stating their OP that he even sold his btc on 2017, the time where BTC reach its ATH. So, meaning that there is something good that will going to take place. That guy does seem to know the real things that might happen and it is the opposite maybe on what he stated.

History repeats itself and this man is a total failure in prediction of bitcoin market price but not on his company. This will serves as the basis to everyone wishes to invest more.

[hatshepsut93]

Everything can happen, we all know how volatile Bitcoin is, and very few people predicted the current bullish movement, but at this point it just seem so unlikely to go to $3,000. If the price will go back to $4,000, then this will start sounding more realistic, but I think if the market will turn bearish again, it will happen in a few steps, and not a single big drop. But let's not forget that halvening is coming in a year, so there's very little time left for a bear market, everyone expects a bull run soon.

[Herbert2020]

bitcoin is a Roller coaster that is moving upwards over all, and each time it changes its direction there are some people to hang on tight to the previous trend that no longer exists and get crushed by the market.
in 2018 there were those who got stuck in the bull market and became bag holders predicting $50k,... and now there are newbies who are stuck in the bear market predicting $3k, $1k,... and are being crushed by the market.

[btc78]

After all that said ,who cares?

Why this stupid so called “experts” releasing statements whenever the market is bullish?and why enjoying sharing this crap for us?why instead of this shits then gave us positivity for more chance of investing?

If we really want the market to grow,let us stop sharing this nonsense.

bitcoin is a Roller coaster that is moving upwards over all, and each time it changes its direction there are some people to hang on tight to the previous trend that no longer exists and get crushed by the market.
in 2018 there were those who got stuck in the bull market and became bag holders predicting $50k,... and now there are newbies who are stuck in the bear market predicting $3k, $1k,... and are being crushed by the market.

Thats part of investments,choosing the right or wrong path.i am one of those bag holders but i dont care as long as I respect and trust the capacity of bitcon to bring me fortune in right time

[Herbert2020]

bitcoin is a Roller coaster that is moving upwards over all, and each time it changes its direction there are some people to hang on tight to the previous trend that no longer exists and get crushed by the market.
in 2018 there were those who got stuck in the bull market and became bag holders predicting $50k,... and now there are newbies who are stuck in the bear market predicting $3k, $1k,... and are being crushed by the market.

Thats part of investments,choosing the right or wrong path.i am one of those bag holders but i dont care as long as I respect and trust the capacity of bitcon to bring me fortune in right time

there is a difference between being a bag holder and a long term investor.
a bag holder is someone who has invested in something worthless that has a high chance of losing value over the long term. example: 98% of the altcoins
a long term investors on the other hand is someone who has invested in something that has a high chance of rising its value over the long term. in which case it doesn't matter what happens to the price with its volatility as long as the changes don't harm your investment plan. for example if you have bought bitcoin to hold for at least 5 years then the volatility that lasted a year is of no concern to you.

[Yaunfitda]

For me we could see the price goes as high as $5600 before we can see an imminent correction. But I'm not seeing the price crashing below $3k, could be in the highs of $4k.

Let's just enjoy the current ride not really into that bearish predictions again, lol. Bitcoin price is really based on the sentiments of the people. If investors wanted to pour their money right now then good, if they wanted to sell then nobody can stop them. But listening to perma-bears like Vinny? nah, I'm done with them, I would rather hear Tom Lee's prediction though. 

[BlackPanda]

I'm sure the price of Bitcoin can last for a long time. I am very pessimistic that this can happen, support for Bitcoin is very large because it has such a large market share. The development of Bitcoin is so good now and more and more places are accepting payments via Bitcoin, this can make an indication that the price of Bitcoin will increase very stable. Support from all of us will determine whether we can maintain this situation well or not.

[michellee]

The chance will still there because everything can happen in the cryptocurrency market. But we can prevent to make a mistake by watching the trend and analyze the situations. He can say anything about the cryptocurrency market, and as long as we can research and predict what will happen, then we don't have to worry. Don't let other people interfere with our decision because it will cause us to make a mistake. You can read their statement, but you still need to analyze by yourself.

[omonuyak]

It is possible that bitcoin  may still go beyond $3000 but the current bullish trend was not what most of this populars guys has predicted.  I think everything is possible even as bitcoin can still grow back to $20,000 before end of this year!  That is why we have to take risks into consideration in our investments.

[Caladonian]

His opinion can be used to study deeper for what will be the actual cause why the price will do down once more, there's lots of people who also call the same as they've seen not enough strength to keep the value to rise high, given from his previous position where he sold he's Bitcoin in it's early stages where the ATH has been reached from the said last quarter.

Wisely think about potential reasons before you take your side and believe to some who give his position regarding to the market trends.

[gentlemand]

Quite possible, but this guy is a tosser who says nothing worth listening to.

The stupid bitch actually sold all of his BTC in the expectation of Bitcoin Unlimited or whatever it was going over 51% or whatever the deal was whenever it was.

[lablab03]

We should not easily put a trust in this kind of prediction because we all know what is always happened sometimes because of being so volatile of market  . Wherein we need more proof for it to assure everything will be fine and no problem afterwards,  we should make our own research and stay away on some experts stuff because it's not reliable to trust nowadays wherein opposite always happened now! .  In fact on this case i don't see any possibilities that bitcoin will crash below 3k because its now had big improvement. So if this predictions happen in the near future.only whales is the reason behind in my opinion because its a massive dump from 5k to 3k.

[tomahawk9]

Meh, he can go and join the others who predicted sub 3k months ago, I'm sure there's plenty of space in that waiting room 

Why this stupid so called “experts” releasing statements whenever the market is bullish?

Maybe they're targeting the weak hands and panic sellers who dump their coins at the first sign of a dip. If they read these bearish comments and then later see their btc going down in value, there's a high chance that they'll dump, they'll push the price down and then guys like Lingham and others will buy cheap. IMO it's all mind games, they just want the accumulation phase to keep going.

[Shinpako09]

Everything can happen, we all know how volatile Bitcoin is, and very few people predicted the current bullish movement, but at this point it just seem so unlikely to go to $3,000. If the price will go back to $4,000, then this will start sounding more realistic, but I think if the market will turn bearish again, it will happen in a few steps, and not a single big drop. But let's not forget that halvening is coming in a year, so there's very little time left for a bear market, everyone expects a bull run soon.

Exactly, halving is getting near so even if bear market will show up, it will go up again eventually. Although it's not 100% clear that we got out of bear market, it seems there's no major news ahead that can take down the upward trend aside from prediction like this that doesn't work.

[CaVO32]

Meh, he can go and join the others who predicted sub 3k months ago, I'm sure there's plenty of space in that waiting room 

Why this stupid so called “experts” releasing statements whenever the market is bullish?

Maybe they're targeting the weak hands and panic sellers who dump their coins at the first sign of a dip. If they read these bearish comments and then later see their btc going down in value, there's a high chance that they'll dump, they'll push the price down and then guys like Lingham and others will buy cheap. IMO it's all mind games, they just want the accumulation phase to keep going.

we don't know their real motives why they are saying such things to bitcoin. for all we know, they might be storing bitcoin and even if we are laughing at their "stupid remarks", in the end, they are winning the situation. by the way, who labeled them as so-called "experts" or they are just self-proclaimed ones? 

[Ayiranorea]

The market was quite strong above $5200 and today drastic fall has taken place with each and every cryptocurrency in the market, few exceptions were found. This time the price could fall low, but soon can expect a recovery of the same. Vinny Lingham comes up with this kind of predictions often and most of his focus were upon the bitcoin futures.

[fabiorem]

I dont think its possible anymore, to go below $3000, let alone go back to the $3000s.

[dark08]

I dont think its possible anymore, to go below $3000, let alone go back to the $3000s.

Everything are possible to happen buddy like what happen this pump up to bitcoin we cannot expect a good run for bitcoin after a beaeish scenario but then again its suddenly go down, if bitcoin touch the $3k level then I will buy more.

[ralle14]

The last time we saw Bitcoin's price below $3000 was somewhere between August of 2017. The chance is always there but with how the market is currently doing it's looking unlikely.

I dont think its possible anymore, to go below $3000, let alone go back to the $3000s.

I disagree, it's still possible to see Bitcoin sink to $3,000 or less, a regression could happen just like last year when the price was so stable at $6k then rise up to $8k.

[buwaytress]

He's just saying what most of us have been thinking for a long time now, whether or not we've been saying it out loud. Don't always agree with these Twitter experts but I can agree with his stuff yesterday about bitcoin needing the rest or crypto to break off and break or make on their own. Tired of seeing them tagging along.

Still 4 months before a 2 year gap of sub 3k prices. Long tome yet to go.

[Clark05]

I dont think its possible anymore, to go below $3000, let alone go back to the $3000s.

Everything are possible to happen buddy like what happen this pump up to bitcoin we cannot expect a good run for bitcoin after a beaeish scenario but then again its suddenly go down, if bitcoin touch the $3k level then I will buy more.

Yes everything is going to happen, but I want the bitcoin value to rise it more. $3000 value for the bitcoin is not good because once it reach again it will down the value very high because another panic will happen. But if we maintain this value of the bitcoin this year we can see the price of the bitcoin maybe break the highest history price of this coin and turn into $30,000 not $3000.

[Slow death]

We have found our next entertainer for the bitcoin speculation subforum that will replace our favorite bitcoin bull Tom Lee hehehe.

Bitcoin Price: Vinny Lingham Warns Of “Another Bubble” Danger

Vinny Lingham Makes New Bitcoin Price Prediction in Wake of Bitcoin ETF Decision

On March 11, the much awaited Winklevoss twins Bitcoin ETF decision will finally be announced by the SEC. South African serial Internet entrepreneur Vinny Lingham posted on Twitter that within 48-hours of the ETF announcement, on the downside, the Bitcoin price will be $850. However, he holds Bitcoin price will be $1,750 maximum (probably $1,500) on the upside.

 

Hard Fork Will Slow Bitcoin Price Down, $3,000 Target Less Likely: Vinny Lingham

With the ETF decision out of the way, the focus in the Bitcoin community has turned back to the scaling debate. While some proponents of an increase in block size are in favor of a hard fork, South African Bitcoin entrepreneur Vinny Lingham feels that this would negatively impact Bitcoin.

the price increased a lot because of the hard fork

Civic CEO: Bitcoin to Trade Range-Bound for ‘Three to Six Months’

Vinny Lingham, the CEO of identity management startup Civic, said in an interview with CNBC Nov. 26 that the Bitcoin (BTC) price will remain range-bound for several months, while it could break down of the $3,000 mark.

I want to see what he's going to say in the coming months.

[Kevin77]

Another "expert" that shares his own opinions. I mean he has the right to tell his opinions so we can't really be mad about it, anyone can have their own version of where bitcoin is going, the trouble is really giving voice to these so called "experts" that doesn't have a clue on what bitcoin is and where it is headed. If anyone with a single technically analysis background checks bitcoin today they would see that bitcoin is not going down that much.

Could it go down from here ? Sure why not, it has before and it can again, but it can't reach as low as 3000 dollars, that option is off the table now, maaaaybe it could in a long long period of time but the option to go higher is much much more realistic for now. That is why nobody should really make moves according to these "experts" in my opinion.

[okala]

That is his own speculation about bitcoin because when it comes to bitcoin market no one can rightly predict what will happen in the future because any thing can happen, to even say he sold his bitcoin at $1250 in 2017 at a time when the market was so promising am sure after he sold at that price he regretted his actions because from then onwards the bitcoin market skyrocketed.

[BUK2016]

Well, the man in question is entitled to his opinion on the market speculation of Bitcoin although, I don't really believe in all his submission because I see no strong sign that Bitcoin will decline or nosedive to the level of $3000 in recent time.

[Adriano2010]

I don't think will happen, even if more bitcoin will be sell on market the price will not go so low, so better i wait until bitcoin will be over 10000$ and maybe then i will sell some % of it, but not before.

[timerland]

We have found our next entertainer for the bitcoin speculation subforum that will replace our favorite bitcoin bull Tom Lee hehehe.

Vinny Lingham is known for his bearish attitude on bitcoin during 2017 when everyone was hyperbullish. He also declared that he sold all his bitcoins on $1250 in that year, I reckon.

I'd actually agree with him on this one. He's not saying that it will happen, rather that it could happen, potentially.

To me though, the bottom of the bear market has already been set, and panic dumping on the scale that we saw in the 2018 bear market probably will not return. Right now, all that I'm expecting is occasional short term dips that come after a period of rallies, and nothing major. Market sentiment has already shifted to the bullish end of the spectrum as well.

Could there be an event in which the previous bottom is tested once more before BTC actually breaking out? Absolutely. But is that likely? No.

[Indrawan77]

Well there is still a chance that it will go down, but every speculation need to see the market situation for now bitcoin still rally to going up and it form a quite hard support, so to fall down below 3000 it will need time and some bad news, which is not happening yet, we need to keep positive mind, putting too much negativity will make you choose the wrong decisions

[Siren]

Bring it on lol 😂

Would be very happy seeing the price of bitcoin drops even below $1k so this means opportunity to become a millionaire for me with investing only in bitcoins

But the sad part is i have read several predictions about this low yet nothing comes to reality,is there any chance that one of these predictions brings me what wish for?i

Well there is still a chance that it will go down, but every speculation need to see the market situation for now bitcoin still rally to going up and it form a quite hard support, so to fall down below 3000 it will need time and some bad news, which is not happening yet, we need to keep positive mind, putting too much negativity will make you choose the wrong decisions

But it seems that the rally end up today?looking at the market this morning just to find out the bloody value of all currency (though there are few still in green)maybe i need to sell out and buy back later,will decide later today

[beerlover]

Everything can happen, we all know how volatile Bitcoin is, and very few people predicted the current bullish movement, but at this point it just seem so unlikely to go to $3,000. If the price will go back to $4,000, then this will start sounding more realistic, but I think if the market will turn bearish again, it will happen in a few steps, and not a single big drop. But let's not forget that halvening is coming in a year, so there's very little time left for a bear market, everyone expects a bull run soon.

Not few people mate, many people predicted this bullish trend and event got so close to the price we will see by this month/next month which really came to reality, but I have not seen many prediction in favors of his own $3000 prediction, so I think for now, the coast is still clear and there is still enough space for the bullish movement to continue till further notice.

Even if the market turn bearish, it will be the major boost for the coin value to shoot to almost $10,000, because as it seems to me now, we have more investors waiting to buy at that dip than investors currently in the market, but we will also keep an key on our analysis and see which direction the price will move to.

[BitHodler]

But it seems that the rally end up today?looking at the market this morning just to find out the bloody value of all currency (though there are few still in green)maybe i need to sell out and buy back later,will decide later today

It's not all that bad. People for once need to understand how markets work. You can't expect the price to keep going up without a serious level of profit taking happening on the way up.

Investors had all the time to accumulate coins well under the $4000 mark, and they are cashing out some of their profits, and I can't blame them with how overbought the market was when it peaked just over $5400.

Is it still a good time to sell? If you're well in the green then it doesn't hurt, but there seems to be a decent bit of support around the $5000 mark, so it's a bit tricky in my opinion.

[The Cryptovator]

I will not surprised if its happen again. Its possible because still I believe we are on bear mode although we have seen a small bull. I can see today bitcoin pull back almost $500 from last day. And I told always we will see a pull back. Not sure how long it will stay, if long time stay below 5K then we might face another pull back. So perhaps we will see again on 3K zone. So nothing is impossible. If we see another pull back then it would be below 4K or if we see another bull it might be above 6K. I am agree with that, if bitcoin not able to stay above 6K then we can't call it bull run.

[Dilladupak]

I think bitcoin will also last longer now, because now the price is also increasing faster in a short time, so I think the price of bitcoin will not drop below $ 3

[bitbunnny]

Everything is possible when it comes to Bitcoin. Current price rise isn't any guarantee that this trend will continue. Bitcoin price can easily change very quickly so price dump isn't excluded. We still haven't broken some recovery limits. Still there need to be some reason for that and I don't think that currently the price will fall down just like that, out of the blue.

[BlueStackz]

If he has sold all his bitcoins in 2017, is it not sending signal that he is just trying to join other in creating FUD to the price he predicted, even though he was a bit diplomatic about his speech, it means he is eagerly waiting for BTC to fall back to $3000 for him to be able to buy again, but unfortunately, his plans would not work for now, people no more believe in news creating FUD and just has he said, $6200 will really place the market on a very fast bull run , so he had better respect himself and the future and invest now, before it gets to $6200 when FOMO will make people like him to start rushing investment.

[barota]

i agree that bitcoin will crash to 2000$ per btc ,  last pump not good at all


The market is dominated by a huge whale whose target is only money


The thing that needs explanation its why users of bitcointalk when prices down they say prices down much , and when price up they say prices up ?!!!

[maxreish]

Oh well Viny's prediction makes sense. There is no impossible that another bounce will perform. I do hope that it will not come to a point that it will bounce down below $3000. If it will hit $6000 and it is possible to happen since the current price is $5100 now, then there is also a big chance that it will not go down at $3000 anymore. Hopefully not.

[bbc.reporter]

We have found our next entertainer for the bitcoin speculation subforum that will replace our favorite bitcoin bull Tom Lee hehehe.

Bitcoin Price: Vinny Lingham Warns Of “Another Bubble” Danger

Vinny Lingham Makes New Bitcoin Price Prediction in Wake of Bitcoin ETF Decision

On March 11, the much awaited Winklevoss twins Bitcoin ETF decision will finally be announced by the SEC. South African serial Internet entrepreneur Vinny Lingham posted on Twitter that within 48-hours of the ETF announcement, on the downside, the Bitcoin price will be $850. However, he holds Bitcoin price will be $1,750 maximum (probably $1,500) on the upside.

 

Hard Fork Will Slow Bitcoin Price Down, $3,000 Target Less Likely: Vinny Lingham

With the ETF decision out of the way, the focus in the Bitcoin community has turned back to the scaling debate. While some proponents of an increase in block size are in favor of a hard fork, South African Bitcoin entrepreneur Vinny Lingham feels that this would negatively impact Bitcoin.

the price increased a lot because of the hard fork

Civic CEO: Bitcoin to Trade Range-Bound for ‘Three to Six Months’

Vinny Lingham, the CEO of identity management startup Civic, said in an interview with CNBC Nov. 26 that the Bitcoin (BTC) price will remain range-bound for several months, while it could break down of the $3,000 mark.

I want to see what he's going to say in the coming months.

However, he might also be similar to the cunning pumper influencers who buy when advice to sell and sell when they advice to buy hehehe. I reckon Brian Kelly is one and maybe also Tom Lee. We know John McAfee is certainly one.

[btc_angela]

Bring it on lol 😂

Would be very happy seeing the price of bitcoin drops even below $1k so this means opportunity to become a millionaire for me with investing only in bitcoins

But the sad part is i have read several predictions about this low yet nothing comes to reality,is there any chance that one of these predictions brings me what wish for?i

Well there is still a chance that it will go down, but every speculation need to see the market situation for now bitcoin still rally to going up and it form a quite hard support, so to fall down below 3000 it will need time and some bad news, which is not happening yet, we need to keep positive mind, putting too much negativity will make you choose the wrong decisions

But it seems that the rally end up today?looking at the market this morning just to find out the bloody value of all currency (though there are few still in green)maybe i need to sell out and buy back later,will decide later today

You spoke too soon as the market is very resilient and somewhat recovered at bitcoin goes to $5150 now. If I'm in your shoes, I wouldn't just sell because the market goes into red, you just need to hold your bitcoin because there's a big chance that we can still make it to $6k, and then you can decide if you wanted to sell or not.

[hyunee]

We have found our next entertainer for the bitcoin speculation subforum that will replace our favorite bitcoin bull Tom Lee hehehe.

Vinny Lingham is known for his bearish attitude on bitcoin during 2017 when everyone was hyperbullish. He also declared that he sold all his bitcoins on $1250 in that year, I reckon.

Well I think that this guy is a follower of Warren Buffet of the saying "Be fearful when others are greedy and be greedy when others are fearful." Due to his saying, this guy I think followed Warren in a wrong way. He took a wrong turn and those people that were hyperbullish made big profits that year lol. 

[Wind_FURY]

Quite possible, but this guy is a tosser who says nothing worth listening to.

The stupid bitch actually sold all of his BTC in the expectation of Bitcoin Unlimited or whatever it was going over 51% or whatever the deal was whenever it was.

A tosser? A person who flip-flops around? No, he's consistent. He also supported 2X, and maybe the other big block implementations. I don't know his full history yet, I'll do some research later, but generally his comments from the past are pro-big blocks, anti-Bitcoin.

[Lawrenzoo]

I will not surprised if its happen again. Its possible because still I believe we are on bear mode although we have seen a small bull. I can see today bitcoin pull back almost $500 from last day. And I told always we will see a pull back. Not sure how long it will stay, if long time stay below 5K then we might face another pull back. So perhaps we will see again on 3K zone. So nothing is impossible. If we see another pull back then it would be below 4K or if we see another bull it might be above 6K. I am agree with that, if bitcoin not able to stay above 6K then we can't call it bull run.

He who has ears, let him listen to what the spirit is saying, bitcoin is giving people chance now to invest and they are still wishing for a further drop in price that may never ever happen, but its not my call, anyone that wants to sell their coin should do so at their own peril.

[hotimbineh]

Quite possible, but this guy is a tosser who says nothing worth listening to.

The stupid bitch actually sold all of his BTC in the expectation of Bitcoin Unlimited or whatever it was going over 51% or whatever the deal was whenever it was.

A tosser? A person who flip-flops around? No, he's consistent. He also supported 2X, and maybe the other big block implementations. I don't know his full history yet, I'll do some research later, but generally his comments from the past are pro-big blocks, anti-Bitcoin.

everyone who is lucky will express their madness with their luck and they will express their insanity argument after selling, in order to be more fortunate by buying back at a very good price I want to hear the results of later research from @Wind_FURY about...tosser

[BrewMaster]

We have found our next entertainer for the bitcoin speculation subforum that will replace our favorite bitcoin bull Tom Lee hehehe.

Vinny Lingham is known for his bearish attitude on bitcoin during 2017 when everyone was hyperbullish. He also declared that he sold all his bitcoins on $1250 in that year, I reckon.

Well I think that this guy is a follower of Warren Buffet of the saying "Be fearful when others are greedy and be greedy when others are fearful." Due to his saying, this guy I think followed Warren in a wrong way. He took a wrong turn and those people that were hyperbullish made big profits that year lol. 

Warren Buffet also says don't invest in things like bitcoin and sticks to physical companies that have some sort of physical product and only invest in those.
not to mention that currently people are in "fearful" stage so if anything now should be a buy time!

[Whosdaddy]

Bring it on lol 😂

Would be very happy seeing the price of bitcoin drops even below $1k so this means opportunity to become a millionaire for me with investing only in bitcoins

But the sad part is i have read several predictions about this low yet nothing comes to reality,is there any chance that one of these predictions brings me what wish for?i

Lol, you may never get to see this chance again for life, reason being that every day we wake up into Bitcoin, there is always a decision by someone to invest in Bitcoin, and every added fund will definitely have a major increase in the value, even though we will have sells, but unless bull run comes, we will always have buy more than sells, the only thing that can halt the activities of buy is when bull run comes, then it will become quite too expensive to buy, while many will also not invest at the peak but we will see more of sell, but no matter the amount of sell that goes one in the market, it may never crash to that, because not many BTC holdlers have their portfolio for short term, don’t be surprise we have people that may never look back at their investment again until like 10 years’ time.

[daarul50]

The possibility that the bear market can still continue because of the increase that is happening now, in my opinion, is not too significant and even tends to only take advantage of the momentum from market saturation that occurs where the crypto prices are stable for several months. I also don't see confirmation that trend reversals have started.

[gentlemand]

A tosser? A person who flip-flops around? No, he's consistent. He also supported 2X, and maybe the other big block implementations. I don't know his full history yet, I'll do some research later, but generally his comments from the past are pro-big blocks, anti-Bitcoin.

No. Tosser as in general twat.

He followed the same trajectory they all follow. They start off with some good guesses or interesting perspectives. People pay some vague attention that the twat enjoys.

The twat then fixates on some aspect such as bigger blocks or forks that anyone with a wider perspective would never get hung up on.

Twat convinces themselves and attempts to convince us that they know better than the collective. Then they slide into irrelevance and snipe from the sidelines. Maybe they come up with a shitcoin along the way.

Those who remain humble and worldly carry on cruising.

[BitHodler]

Warren Buffet also says don't invest in things like bitcoin and sticks to physical companies that have some sort of physical product and only invest in those.
not to mention that currently people are in "fearful" stage so if anything now should be a buy time!

Are people really that fearful right now? To me it really seems that the bullish predictions start to accumulate. I have seen a few $100k post block halving shots already, and I'm quite sure that we'll see more predictions like that pop up.

The thing that makes me stay conservative is that the currently overly positive sentiment offers an amazing last shakeout opportunity. Imagine the despair a crazy dump from current levels will initiate.

Not saying it's likely for the price to dump below the $3000 mark, but a sub $4000 visit is still a possibility. We went up in one straight line, and these pumps usually don't last very long. I hope I'm wrong, but I can't discard the possibility.

[Wind_FURY]

A tosser? A person who flip-flops around? No, he's consistent. He also supported 2X, and maybe the other big block implementations. I don't know his full history yet, I'll do some research later, but generally his comments from the past are pro-big blocks, anti-Bitcoin.

No. Tosser as in general twat.

He followed the same trajectory they all follow. They start off with some good guesses or interesting perspectives. People pay some vague attention that the twat enjoys.

The twat then fixates on some aspect such as bigger blocks or forks that anyone with a wider perspective would never get hung up on.

Twat convinces themselves and attempts to convince us that they know better than the collective. Then they slide into irrelevance and snipe from the sidelines. Maybe they come up with a shitcoin along the way.

Those who remain humble and worldly carry on cruising.

As a "social dramatist", and as a conspiracy theorist, the "we need bigger blocks now" scalability debate wasn't for "scaling Bitcoin". It was a move to hard fork Bitcoin away from the Core developers.

The scalability debate was their disingenuous attempt to spread FUD in the community and to gather the community behind them.

[bitcoin31]

Everything is possible when it comes to Bitcoin. Current price rise isn't any guarantee that this trend will continue. Bitcoin price can easily change very quickly so price dump isn't excluded. We still haven't broken some recovery limits. Still there need to be some reason for that and I don't think that currently the price will fall down just like that, out of the blue.

Definitely  right, that bitcoin change the value fast like what happened last 2 weeks ago the bitcoin price surprised us because from the value of $4000 it will rise at $5000 and until now the value is still stable and we hope that bitcoin can rise and not to down at $3000 like what other people think.

[hahay]

Well, this is Vinny Lingham's statement that I like and that makes sense to me. But if the current market cycle is able to take control at the current point of $5k in the next few weeks it will most likely be another resistance to soar further. Indeed, $6.2k is the point that I expected, but after seeing the market stagnate at this time due to strong volatility, the big decline was something to worry about, but in my opinion it won't happen.

[Ucy]

Well, mere speculations no longer affect the price of Bitcoin, unless his is part of the new  manipulators.  The power to move the market seems not to be in the hands of thousands of feather-heart investors anymore

[UmerIdrees]

We have found our next entertainer for the bitcoin speculation subforum that will replace our favorite bitcoin bull Tom Lee hehehe.

Vinny Lingham is known for his bearish attitude on bitcoin during 2017 when everyone was hyperbullish. He also declared that he sold all his bitcoins on $1250 in that year, I reckon.

Well I think that this guy is a follower of Warren Buffet of the saying "Be fearful when others are greedy and be greedy when others are fearful." Due to his saying, this guy I think followed Warren in a wrong way. He took a wrong turn and those people that were hyperbullish made big profits that year lol. 

Another crash to 3000$ seems impossible for now and no Technical analysis suggest that we can go back to 3000$ again. But then this crypto market is controlled by whales and they manipulate the market and can do anything unexpected for thier own benefit, so we should be ready for worst situations too.

[bbc.reporter]

Well, this is Vinny Lingham's statement that I like

I also like it and I also hope he does not stop to declare more bearish predictions hehehe. The cryptospace is in need of another entertainer now that Tom Lee might begin to become the celebrated influencer of the impending bull market.

[slaman29]

We have found our next entertainer for the bitcoin speculation subforum that will replace our favorite bitcoin bull Tom Lee hehehe.

Vinny Lingham is known for his bearish attitude on bitcoin during 2017 when everyone was hyperbullish. He also declared that he sold all his bitcoins on $1250 in that year, I reckon.

Well I think that this guy is a follower of Warren Buffet of the saying "Be fearful when others are greedy and be greedy when others are fearful." Due to his saying, this guy I think followed Warren in a wrong way. He took a wrong turn and those people that were hyperbullish made big profits that year lol. 

Well, he may have a good idea of how to do things but if it's really true that he tried to sell when people are greedy, then he has a really bad nose for timing. Selling everything for 1250? I guess he still made double his money. Wonder when he bought it anyway, or is he waiting for $1k again to rebuy bitcoin? He must have bought more if he is still trying to say a lot of things again about Bitcoin again. The poor guy is so desperate!

[2chase]

The probability that bitcoin will now fall below 3000 is practically not considered by me. After Bitcoin was able to overcome the $ 5,000 mark and firmly entrenched at this level, I no longer doubt that it will not fall below. All other articles on the subject of the fact that Bitcoin will soon fall again, I consider erroneous.

[ethereumhunter]

There are too many speculations related to bitcoin price. Some people say that bitcoin price can increase higher and meantime, some people say bitcoin price will getting down too deep again before it increases. We are confused with the news, and I suggest that we analyze the market so we can know what exactly happens with the market. Don't just believe what they're saying because they even don't know what is going on in the market at all.

[gentlemand]

Another crash to 3000$ seems impossible for now and no Technical analysis suggest that we can go back to 3000$ again. But then this crypto market is controlled by whales and they manipulate the market and can do anything unexpected for thier own benefit, so we should be ready for worst situations too.

It's really not that far away or that unfeasible. It only seems to take 24 hours for the twitchy kiddies in this market to assume this is the new norm, it was always the new norm and always will be the new norm.

Then a larger penis slowly looms into view over their heads like the starship at the opening of Star Wars and tells them how it's going to be to which they meekly comply.

[buwaytress]

Doesn't bother me either way. If I see BTC at sub 3k again, it'll be a nice surprise extension to my "accumulating" phase. If we don't see the crash and we keep at 5k levels for the rest of 2019, that spells a longer, more sustainable growth for when BTC resumes a new push for ATH.

The longer we stay below 5 digits, the better our chances to breach new heights and the less painful the pullback after that happens.

[ngusmin]

The possibility is always there, bitcoin is back down to 3k or even higher and can reach 6k. I still believe in bitcoin, and even though the condition of bitcoin is deteriorating but I still hold on, because bitcoin will be able to rise again.

[Juggy777]

The possibility is always there, bitcoin is back down to 3k or even higher and can reach 6k. I still believe in bitcoin, and even though the condition of bitcoin is deteriorating but I still hold on, because bitcoin will be able to rise again.

Hey while there’s always a probability for a dump in bitcoins prices, I don’t think we will see any dump so soon. I feel bitcoins prices are finally stabilising after long periods of bear mode, I’m optimistic that prices shall only rise upwards from now on. Also it’s good to see that people are holding their faith in bitcoins, I feel if we can get more people to hodl it, then we shall see further increase in prices.

[itos84]

It's weird before going up to 5K again I hadn't heard this. But recently this week I have been hearing from traders that there is a possibility that in July BTC crashes to 50% of its amount and goest to $2500-$2800. Maybe I am missing something but I think it's unlikely, probably just to $3800 again.

[Bardman]

There is absolutely a chance we go to 100.000$ too. What's his point? All these idiots, they don't even care about the price, they just want to the headlines, any pro trader or analyst knows you cannot make these kind of predictions, in fact you shouldn't.

[BitHodler]

All these idiots, they don't even care about the price, they just want to the headlines, any pro trader or analyst knows you cannot make these kind of predictions, in fact you shouldn't.

That's exactly the reason they do it for. It doesn't attract any attention to predict that the price could potentially break $6000 this year, and that while this is a realistic prediction that makes sense.

People only seem to care about things that don't make sense. Overall, bad publicity is still positive publicity for these people because we are talking about them and directly (at the same time unfortunately) increase relevancy.

Tom Lee has been wrong the whole time in 2018, and while people here make fun of him, news outlets continue to cover his predictions and the mainstream media keeps inviting him. 

[Gaff]

The possibility is always there, bitcoin is back down to 3k or even higher and can reach 6k. I still believe in bitcoin, and even though the condition of bitcoin is deteriorating but I still hold on, because bitcoin will be able to rise again.

Hey while there’s always a probability for a dump in bitcoins prices, I don’t think we will see any dump so soon. I feel bitcoins prices are finally stabilising after long periods of bear mode, I’m optimistic that prices shall only rise upwards from now on. Also it’s good to see that people are holding their faith in bitcoins, I feel if we can get more people to hodl it, then we shall see further increase in prices.

More happening will definitely be taking ups and downs, so don't be surprised when it made your day worst as you observe the volatility taking place. Furthermore, as Bitcoin development gain good progress we can't expect nice trend yet, but as part of its growth dumping price is likely to be experienced. Just be patient and always hodle your bitcoins, because these days isn't the best time to sell, there should be a perfect time for everything.

[kateycoin]

In crypto many things can be happen we know that cryptocurrency is volatile so what Vinny lingham said maybe will true or maybe not. That's only a speculation and his not surer to what he said. Well if the price of bitcoin will be drop its alright because it will not stay in that kind of amount.

[1BTC EQUALS 1CAR]

It's basically his own opinion guys so just don't mind him. Everyone can be positive even in the worst bear period that could happen at any moment while there are people like Lingham who wants to be negative when everything is turning to be a very healthy market.

[Whosdaddy]

It's weird before going up to 5K again I hadn't heard this. But recently this week I have been hearing from traders that there is a possibility that in July BTC crashes to 50% of its amount and goest to $2500-$2800. Maybe I am missing something but I think it's unlikely, probably just to $3800 again.

You are not missing anything, it’s just a game from manipulators, as we have good investors that will always create positive news about BTC to cause its rise in price, same way we also have some manipulators that will try all their possible best to cause a crash in price so they can take control of the price when it crashes.

Which technical analysis and fundamentals are they using that is pointing all of them to different directions, whatever the case maybe, if Bitcoin price increase today, it will be a very big opportunity and if it false too, it will still be a very big opportunity because it is a blessing in disguise, whichever way bitcoin follows, we follow with it.

[Kiweikoo]

I don't think that the price of Bitcoin could go back to $3000 anymore, though I know that it is possible for the price to get back to $4000 but a wall will be built around that for a long while, then we are going to see a bull run in price, this bull run will start little by little and then begin to grow better even much more than what we saw in 2017, this is the main reason it won't be good to miss out from what is coming, so make sure you get some Bitcoin and keep in your possession.

[Duzter]

I don't think that the price of Bitcoin could go back to $3000 anymore, though I know that it is possible for the price to get back to $4000 but a wall will be built around that for a long while, then we are going to see a bull run in price, this bull run will start little by little and then begin to grow better even much more than what we saw in 2017, this is the main reason it won't be good to miss out from what is coming, so make sure you get some Bitcoin and keep in your possession.

The price could go lower to $3000 or even much lower to that, none can conclude the price move. Earlier the price fell low to $2800 which wasn't expected and people predicted $5000 to be the low bottom. In real market the price fell much low than the predicted price. Even the present market could experience such a kind of market. This way possible change is unavoidable and it happens on its own as it is decentralized.

[carlisle1]

I will cheers with him if this bearish speculation happen because atleast i can convert all of my cryptocurrency to bitcoins as I believe about the future growth of this great coin

It's basically his own opinion guys so just don't mind him. Everyone can be positive even in the worst bear period that could happen at any moment while there are people like Lingham who wants to be negative when everything is turning to be a very healthy market.

Yups let us respect everyone’s opinions because this is our rights to speak freely

The man is just expressing hes feeling and outviews to bitcoin so nothings wrong with that right?

[Indamuck]

I don't trust any of these people, just spreading negative predictions hoping people sell and crash the price so he can buy up cheap bitcoins.   I never suggest trying to play the swing trading game and buy in cheaper, you will get left behind when the bull really takes off and be forced to FOMO in at high prices.

[Idrisu]

The possibility is always there, bitcoin is back down to 3k or even higher and can reach 6k. I still believe in bitcoin, and even though the condition of bitcoin is deteriorating but I still hold on, because bitcoin will be able to rise again.

Bitcoin is not deteriorating to me and it has done well if you viewed it from the beginning.  It has grown from cents to thousands of dollars and it is worth more than an once of gold.  It is possible for bitcoin to fall backworld to $3000 as its still possible to grow back to $20,000! We should know that bitcoin is here to stay and investing in it now that we can get it cheap is the right thing to do.

[cryptoknightt]

I don't trust any of these people, just spreading negative predictions hoping people sell and crash the price so he can buy up cheap bitcoins.   I never suggest trying to play the swing trading game and buy in cheaper, you will get left behind when the bull really takes off and be forced to FOMO in at high prices.

I think indeed you should not care about them, you better stay focused on your principles and standings so you can see how the development of cryptocurrency prices and with long-term trading methods can be one of the safest choices.

[Bagaji]

If that is what you are waiting for to enable you buy Bitcoin at the cheaper rate then you may end up waiting in vain for I don't see any possible effect that will push Bitcoin value down to $3000 in time soon.

[justdimin]

I don't think that the price of Bitcoin could go back to $3000 anymore, though I know that it is possible for the price to get back to $4000 but a wall will be built around that for a long while, then we are going to see a bull run in price, this bull run will start little by little and then begin to grow better even much more than what we saw in 2017, this is the main reason it won't be good to miss out from what is coming, so make sure you get some Bitcoin and keep in your possession.

Great you also think in line with me that the bull run we will see this time ill com little by little, and If I am to break it down based on one or two things I can out together, I will conclude that this gradual growth process will make it quite impossible to really see a dip as low as $4000.

It will be easier for virtually 60% of investors to dump their coin at a very fast growth, if it takes the shape of 2017, but if its going gradually, every increase will have some investors put in money and they will always target a higher profit which will keep the price still high even if the older investors dump theirs.

[bbc.reporter]

If is that is what you waiting for to enable you buy Bitcoin at the cheaper rate then you may end up waiting in vain.

It might be time for him to sing I do not want to wait in vain for $3000 while he waits for it in vain to be dumped on $3000 hehehe.

[jakelyson]

He is not totally wrong because the possibility of it happening is there. It can happen. If bitcoin can fall from 20k to 3k, then it can reverse from 6 to 3. Right now we are not totally out of the bear market. We are starting to get into the bull but there is still that chance that it will suddenly reverse.

[Barbut]

He is not totally wrong because the possibility of it happening is there. It can happen. If bitcoin can fall from 20k to 3k, then it can reverse from 6 to 3. Right now we are not totally out of the bear market. We are starting to get into the bull but there is still that chance that it will suddenly reverse.

With bitcoin price predictions nobody is totally wrong, until moment comes when we see the price and we know who was wrong, who was close, and in the end who was right. We all know that anything is possible with bitcoin, there are just lower or higher chances for some price prediction to be accurate in the end. Yes it can drop, but it can rise too. Bitcoin needed less than a year to rise from $1,000 to $19,000, anything can happen, anything can happen fast, so be open for everything is my advice.

[d1ceplayer]

If is that is what you waiting for to enable you buy Bitcoin at the cheaper rate then you may end up waiting in vain.

It might be time for him to sing I do not want to wait in vain for $3000 while he waits for it in vain to be dumped on $3000 hehehe.

I am sure if they are to ask him again if he would still like to wait, the answer would be a proof of the coin he has already bought at the recent price, anyone still thinking or speaking of bitcoin crashing to $3000 is either pulling people’s leg, trying to make himself popular from BTC or fooling himself.

The uptrend has already begun, no more going back, positive fundamentals, whales, good investors are the main people domiciled now and within a little time more, they will act on the market and the next thing we will see is a boomed price, if care is not taking by them, they will miss out again from this next bull run. Little advice for the ones in the market, we should never panic into selling into their hands.

[LeGaulois]

If is that is what you waiting for to enable you buy Bitcoin at the cheaper rate then you may end up waiting in vain.

It might be time for him to sing I do not want to wait in vain for $3000 while he waits for it in vain to be dumped on $3000 hehehe.

I am sure if they are to ask him again if he would still like to wait, the answer would be a proof of the coin he has already bought at the recent price, anyone still thinking or speaking of bitcoin crashing to $3000 is either pulling people’s leg, trying to make himself popular from BTC or fooling himself.

The uptrend has already begun, no more going back, positive fundamentals, whales, good investors are the main people domiciled now and within a little time more, they will act on the market and the next thing we will see is a boomed price, if care is not taking by them, they will miss out again from this next bull run. Little advice for the ones in the market, we should never panic into selling into their hands.

After 2 or 3 weeks of positive market, people start to think Bitcoin won't crash anymore. Sorry, but it isn't the case. And despite the fact, the value increased the recent days we're truly not safe from going to a situation we had not long ago (stagnating $3,500). At least I won't be surprised to see a correction in the next days or weeks... The year will be full of correction btw.

So I would agree more or less with the title.

[codehtcmail]

I must say not a single prediction has been accurate, except for some that were lucky, and I am sure it was pure luck.
I know Bitcoin will grow, but I can't say it will be this price or that price, the recent increase happened in a matter of minutes for god's sake, you can't predict that.
I think Bitcoin is a quantum entity where you can't know for sure the price and date of that price at the same time.
Maybe some quantum calculations mayn help predicting the price ? Any physcists here ?

[bbc.reporter]

We have another candidate to include in our list of funniest trading experts in the cryptospace hehehe. This makes me shake my head and ask myself what their real agenda is. If bitcoin is bullish, this type of person is bearish, if bitcoin is beginning to be bullish, the same person is bearish.

Tom Lee will not be delighted.



However, one analyst, Murad Mahmudov of Adaptive Capital, is predicting that over the coming week or two, the cryptocurrency markets will finally begin to show signs of action after some further stagnation. In a recent Trading View post, the prominent analyst, who skyrocketed to fame partially as a result of his appearance on Anthony Pompliano’s “Off The Chain” podcast, explained a potential scenario he sees for BTC.

Mahmudov depicted the fact that over the past three weeks, Bitcoin has tested $5,350 and failed seven times. He adds that with one or two more tests of that local resistance level, which will come over the next two weeks, the asset is likely to break out. And once $5,350 is convincingly broken, Mahmudov explained that BTC could easily rally to $5,750, as there is a clear lack of liquidity in between $5,400 and $5,700. $5,750 is important, in that this is where Bitcoin traded at for months on end in the middle of 2018.

While some are convinced that BTC will break through the long-standing level of importance, Mahmudov expressed that he expects for the crypto asset to fail to surmount that level, falling instead of breaking through. He depicted that if BTC fails to break $5,750, it could easily collapse through $5,000 to $4,800, and set this market under an array of key short-term support levels.

This lines up with his previous theories that cryptocurrencies aren’t out of a bear market just yet. As reported by Ethereum World News previously, he has drawn attention to the $1,700 region as the potential point at where Bitcoin will finally bottom.

Read in full https://ethereumworldnews.com/analysts-forecast-bitcoin-btc-could-rally-to-5800-then-collapse-by-1000/

Murad's analysis https://www.tradingview.com/chart/XBTUSD/LBFBVCET-A-scenario/

[figmentofmyass]

Murad's analysis https://www.tradingview.com/chart/XBTUSD/LBFBVCET-A-scenario/

this is a pretty good analysis. i too think it's unlikely we can bust right through the 2018 bottom (now resistance). lots of selling pressure should come in as underwater holders finally have a chance to cut losses, break even.

i'm skeptical we're headed to the $1000s like he thinks, but i do think we're getting close to a major local top. i expect to be shorting again within a couple weeks.

[richjohn]

Many people are still hoping for a crash below $3k. But I doubt it big time. Bitcoin has started appreciating and it is most likely to go in the up direction obviously with a few corrections. But none will take the price below $3k. $4k is still possibility though.

But I am overall bullish for btc.

[udidrone]

Many people are still hoping for a crash below $3k. But I doubt it big time. Bitcoin has started appreciating and it is most likely to go in the up direction obviously with a few corrections. But none will take the price below $3k. $4k is still possibility though.

But I am overall bullish for btc.

There are people who hope bitcoin price increased, and people who hope bitcoin to be crash but actually only want to buy in cheap price. I think with this price situation, people who hope that bitcoin price increased will get realized first because there are a lot of aspect that can make it happen.

[target]

Many people are still hoping for a crash below $3k. But I doubt it big time. Bitcoin has started appreciating and it is most likely to go in the up direction obviously with a few corrections. But none will take the price below $3k. $4k is still possibility though.

But I am overall bullish for btc.

I am all for bullish now. The market had suffer enough I really wpuld love to see btc fly up again for the love of god. Its not funny anymore. The only people who find this bear market a lot exciting are the ones who can afford to buy btc while its p4ice is 3kUSD.

[Bardman]

All these idiots, they don't even care about the price, they just want to the headlines, any pro trader or analyst knows you cannot make these kind of predictions, in fact you shouldn't.

That's exactly the reason they do it for. It doesn't attract any attention to predict that the price could potentially break $6000 this year, and that while this is a realistic prediction that makes sense.

People only seem to care about things that don't make sense. Overall, bad publicity is still positive publicity for these people because we are talking about them and directly (at the same time unfortunately) increase relevancy.

Tom Lee has been wrong the whole time in 2018, and while people here make fun of him, news outlets continue to cover his predictions and the mainstream media keeps inviting him. 

It pisses me off because they are doing that on many many crypto websites and news, a bunch of random people that have some idea about technical analysis throw a bunch of technical words here and there and keep ''predicting'' idiotic prices, it just gives the whole thing a bad name imo.

[Wexlike]

All these idiots, they don't even care about the price, they just want to the headlines, any pro trader or analyst knows you cannot make these kind of predictions, in fact you shouldn't.

That's exactly the reason they do it for. It doesn't attract any attention to predict that the price could potentially break $6000 this year, and that while this is a realistic prediction that makes sense.

People only seem to care about things that don't make sense. Overall, bad publicity is still positive publicity for these people because we are talking about them and directly (at the same time unfortunately) increase relevancy.

Tom Lee has been wrong the whole time in 2018, and while people here make fun of him, news outlets continue to cover his predictions and the mainstream media keeps inviting him. 

It pisses me off because they are doing that on many many crypto websites and news, a bunch of random people that have some idea about technical analysis throw a bunch of technical words here and there and keep ''predicting'' idiotic prices, it just gives the whole thing a bad name imo.

The higher high and higher low formation is a great confirmation for another higher high and that's personally where I think we are heading. We are long right now and watching to see if we build price structure below the momentum lines and we are also watching to see if the trend meter starts to turn red which when that has happened before it's a good sign we are heading down. Bullish at the moment until things change.

News are not everything !

[1Referee]

This makes me shake my head and ask myself what their real agenda is. If bitcoin is bullish, this type of person is bearish, if bitcoin is beginning to be bullish, the same person is bearish.

I read a discussion on reddit a while ago where the point basically is that these so called perma bulls are bullish during a bear market to attract liquidity from dumb money so that they can have their own fund and the funds of their close ass buddies cash out. It makes sense to a certain degree, but at the same time also not so much sense considering that a lot of crypto funds have imploded last year.

In case of Tom Lee it's purely ignorance in my opinion. This dude entered during the bull run in 2017 and assumed that this was normal for crypto, which it obviously isn't.

[serjent05]

It pisses me off because they are doing that on many many crypto websites and news, a bunch of random people that have some idea about technical analysis throw a bunch of technical words here and there and keep ''predicting'' idiotic prices, it just gives the whole thing a bad name imo.

Well the person is right, he is stating the possibility not 100%.  We all know cryptocurrency is very volatile so setback is very possible and probable.  Don't be wronged, I am on bullish BTC but taking the logic on what the person stated,  there is really a possibility but it is slim at the current sentiment of the market.

[kickdapa]

It is very easy to predict about the bitcoin price and I am not ignoring his prediction. Because it's crypto and here anything can happen within a minute. I never forget how fast bitcoin price was increased and how fast it went to down! But personally, I think Bitcoin price will cross 6K USD before the next bear run!

[Herbert2020]

However, one analyst, Murad Mahmudov of Adaptive Capital, is predicting ...

these are literary random people on the internet making random guesses.

my theory is that at least 90% of them are "gambling"  (with their statements not with investment) which means they make the bet to make an outrageous prediction like this one here. there is only two possible scenarios with the "reward" being a lot more than the risk.
1. this bullshit guess never comes true. the result is that the bullshitter is just another idiot among thousands who made bullshit claims and be forgotten easily.
2. the bullshit although unlikely, actually comes true. the result is a quick raise to fame overnight as a "prophet" in the market who predicted it correctly! this will last a short time though since their subsequent "bets" never win

[adaseb]

If you stare at the charts you might see why he is saying what he is saying. Basically the $6000 is a very strong resistance area, there is a good chance it will reach that area and turn around and head back down. Now we got some support at $4200, but if it doesn't hold then the next support will be at the $3100 area which was the prior low. We also got that 200W MA which is probably higher up by now but there is a chance it might not hold this time.

Hence he could be correct but shorting right now makes no sense, its better to just short at $6000 if we get there or if we go to $6000 and start heading back down, then short then. But right now if you should you might get lots of pain if it ends up jumping $1000 in a single day again.

[Wexlike]

It is very easy to predict about the bitcoin price and I am not ignoring his prediction. Because it's crypto and here anything can happen within a minute. I never forget how fast bitcoin price was increased and how fast it went to down! But personally, I think Bitcoin price will cross 6K USD before the next bear run!

I'm pretty sure we will go above 6,000 USD - We have just has an accumulation phase - we haven't had any selling pressure even though the big spike.

We have the whales who clearly want us to go to 6,000 USD and above due to the huge liquidity pool, where they have the opportunity to stop hunt and squeeze, and make become richer. Also the fact, that BTC will geta comeback in the media, which will attract retail investors, who have bought the top (5th wave).

Hereafter we will go below 6k again after we have been crusing around 6k for a while.

[acharias]

Vinny Lingham has no idea what he's talking about. He is a complete joke imo.

[reda]

Vinny Lingham has no idea what he's talking about. He is a complete joke imo.

Haha, may be he was druken at the time he said this. People were speculating bitcoin dumped to 2k again when the market blooming over 4.5k USD but now bitcoin has proved its worth and market reached the 5.5k value now.
We may ignore such value speculation and keep on moving with the investment amount we have.

[Bardman]

It pisses me off because they are doing that on many many crypto websites and news, a bunch of random people that have some idea about technical analysis throw a bunch of technical words here and there and keep ''predicting'' idiotic prices, it just gives the whole thing a bad name imo.

Well the person is right, he is stating the possibility not 100%.  We all know cryptocurrency is very volatile so setback is very possible and probable.  Don't be wronged, I am on bullish BTC but taking the logic on what the person stated,  there is really a possibility but it is slim at the current sentiment of the market.

Yeah well no shit, what kind of logic is that? I can then say bitcoin will be 10 million dollars in 102 days and you will defend me saying, hey, bitcoin is volatile so it's possible. Everything is possible to an extent, however these people aren't saying, hey, bitcoin might go to 25k in 2021 with a 0.04% chance of happening, they are saying bitcoin WILL be xx in xxxx essentially saying that they know with an 100% certainty that bitcoin will do that. It's misleading.

[Reatim]

Well lets be happy if this comes reality as i will sell all.my bitcoin now same as altcoins to buy on that $3,000 dip again.but i am afraid this wont come because the bull is just around the corner and waiting for the big strike.we have waited so Long and most of us cannot afford another dumps .but we have no choice as whales is the only way for the market to grow again just like what they did in the last quarter of 2017 when they pumped the prices to more than hundreds multiplied. Maybe we can help the market for not sharing this kind of negativity to the community because we are tired of seeing same thread over and over when the price of bitcoin starts to grow

[coinplus]

Seriously? Dropping to 1700? Like even if that is possible which it is not the support is at 1900 not 1700, anyone who checked out the resistance and supports would have known this, dude must be just making up numbers as he is going along and just putting them on news.

Bitcoin will not drop that much, I can tell you that much, bitcoin is going above right now and even with a correction the price is set at 4400 right now for support and will not go below believe me. I think the real reason these people want bitcoin to drop is that they have purchased a heavy amount of bitmex shorts or cme shorts so if bitcoin goes up all their money will go to waste and they will lose it. They want bitcoin to drop to 1700's so they could potentially profit a lot from that move.

[joshv06]

Vinny Lingham has no idea what he's talking about. He is a complete joke imo.

Haha, may be he was druken at the time he said this. People were speculating bitcoin dumped to 2k again when the market blooming over 4.5k USD but now bitcoin has proved its worth and market reached the 5.5k value now.
We may ignore such value speculation and keep on moving with the investment amount we have.

Hmmm we cannot guess his state but there is no possibility for BTC to go below 3k. Now BTC is performing good and  values are increasingly slowly which is the positive result for crypto market hence don't go for some low amount prediction. BTC will going to increase in the upcoming years.

[Wexlike]

Vinny Lingham has no idea what he's talking about. He is a complete joke imo.

Haha, may be he was druken at the time he said this. People were speculating bitcoin dumped to 2k again when the market blooming over 4.5k USD but now bitcoin has proved its worth and market reached the 5.5k value now.
We may ignore such value speculation and keep on moving with the investment amount we have.

Hmmm we cannot guess his state but there is no possibility for BTC to go below 3k. Now BTC is performing good and  values are increasingly slowly which is the positive result for crypto market hence don't go for some low amount prediction. BTC will going to increase in the upcoming years.

If you want to be bearish in this bullish market, you should have some reasons for this. Let me help you to support your position providing bearish signals one by one.

What if the market forms a double top? This chart pattern belongs to a reversal group of patterns and it can confirm a trend reversal or a correction as a "light version".
The double top will be confirmed if the price can break the local swing low. For this, the price will have to break 5000.00 support level .

The other bearish signals are provided by MACD lines and histogram. This indicator supports the downward movement.

RSI is not far from the overbought zone. The line dropped from the zone, moved upward and probably soon, we will see a new falling from 70 level.

[LeGaulois]

Do you know what I was thinking about?  People are not interested anymore to know what caused the recent rise. They're just happy with the money, how that comes doesn't matter 
That being said, it would be nice if the bullish trend continued at least until the end of the month but I'm not sure that's an option when the whole market is red today.

[kickdapa]

I don't think it can happen very soon! Bitcoin price ups and downs will continue, but the Bitcoin price chart is heading forward right now! Anytime we can see a good pump, even Binance research said Bitcoin is set for a bullish run and the bearish ends confirmed! But Vinny Lingham has enough points to make this statement! Bitcoin price still can crash at 3K USD, But personally, I would not agree with him.

[Oceat]

Maybe he was right since the market is not yet in the bullish stage there is still a tendency that it would back to where it wanted since the price right now maybe some kind of a bull trap. Although i've seen it moving from 5K to 5.3K and it is stable just like the previous stable price of 3.8 to 4k. But i don't think Bitcoin would get back to the bearish market since the movement of Bitcoin seems going up since it is done going bottom.

[gentlemand]

Maybe he was right since the market is not yet in the bullish stage there is still a tendency that it would back to where it wanted since the price right now maybe some kind of a bull trap.

At these price levels it doesn't feel like there's that much conviction around at present. I could easily see it falling back into the $3000s. Going below the previous low though would have to wade through an awful lot of orders to get there. Things can turn in an instant so it's possible but it's going to take some effort and it won't be for a while.

[medsi2]

Maybe he was right since the market is not yet in the bullish stage there is still a tendency that it would back to where it wanted since the price right now maybe some kind of a bull trap.

At these price levels it doesn't feel like there's that much conviction around at present. I could easily see it falling back into the $3000s. Going below the previous low though would have to wade through an awful lot of orders to get there. Things can turn in an instant so it's possible but it's going to take some effort and it won't be for a while.

Me too, I think that we may expect a retest of 3k-3.8k range after the 5.8k rejection. Also the positive sentiment that brought us to the 5k level seems to be vanished.
In any case I have some more leveraged buy orders to fill in that scenario.

[Cheesus]

We are getting some big people to entertain us with their words! This man is like a true hater of the Bitcoin, he always loves to make downtrend prediction for the bitcoin price. He is like a foe for the Bitcoin and after Craig Wright, we need to ignore this man. I will stop trading Civic coin from now, we have many good options to trade but they have only us! If we refuse these guys from the crypto, the crypto market will be much better than now, though sometimes we would miss their entertainments 

[Che454010]

Considering the volatility of bitcoin anything can happen, but the actual situation doesn't seem that bad, as the whales have started returning to the market and the volume is increasing, so i don't think that bitcoin would reach that low in near future. If it can't go up immediately then it would remain stable for some time.

[bbc.reporter]

Maybe he was right since the market is not yet in the bullish stage there is still a tendency that it would back to where it wanted since the price right now maybe some kind of a bull trap.

At these price levels it doesn't feel like there's that much conviction around at present. I could easily see it falling back into the $3000s. Going below the previous low though would have to wade through an awful lot of orders to get there. Things can turn in an instant so it's possible but it's going to take some effort and it won't be for a while.

Anything can happen, however, easily back to $3000? I reckon it might be harder for bitcoin to fall back into the $3000s than flying over $6000s. No one is dumping their bitcoins anymore, only their altcoins hehehe.

[Serco]

Maybe he was right since the market is not yet in the bullish stage there is still a tendency that it would back to where it wanted since the price right now maybe some kind of a bull trap.

At these price levels it doesn't feel like there's that much conviction around at present. I could easily see it falling back into the $3000s. Going below the previous low though would have to wade through an awful lot of orders to get there. Things can turn in an instant so it's possible but it's going to take some effort and it won't be for a while.

Anything can happen, however, easily back to $3000? I reckon it might be harder for bitcoin to fall back into the $3000s than flying over $6000s. No one is dumping their bitcoins anymore, only their altcoins hehehe.

altcoin price now dumped by the holder since bitcoin price rise alot from $4000 to $5300.and maybe this moment still continue if bitcoin show its power in market.in my opinion there is no chance anymore if bitcoin drop to below $3000,investors and crypto community now very confidence with its future moreover many countries accept bitcoin.

[bbc.reporter]

Our new contrarian indicator? It was only last month when Vinny Lingham has said that bitcoin could still crash below $3000. It pumped, however. In this latest article he said that I am now bullish on bitcoin. It might dump hehehe!


Lingham tweeted a thread stating "What part of - "I'm bullish on Bitcoin if it breaks and holds $6200 for 24-48 hours" is ambiguous? Yes, I'm now bullish on Bitcoin.

Lingham admits that it is "likely that we are at the start of a recovery". He expects that bitcoin will test new highs, saying "It might take a year or so, but we're going to test $20k again at some point in the near future."

Source https://www.chepicap.com/en/news/9661/vinny-lingham-on-btc-we-re-going-to-test-20k-again-.html