When will bitcoin price start Falling?

It doesnt look like Bitcoin price will drop anytime soon. With all the Fiat printing and the dollar inflation. More and more Institutions adopting Bitcoin. I just don't see it happening anytime soon.

Quote from: Wenbing on December 29, 2020, 03:36:58 PM

I've been thinking, it's now very scary to buy bitcoin, as the bullish movement is at an unexpected level.

When do you think bitcoin price will start falling?

What are the signs to watch out for?

If you feel uncomfortable to buy bitcoin you do not have to do it, I think we can all see that such a huge price can be very discouraging for those that do not have a lot of bitcoin thinking that now they have to pay almost 10x what the would have paid in March but that is just the nature of the markets, there is always going to be a new bull run in the future so save your money and wait until the price goes down low enough for you to consider buying again.

I have been asking the same question since bitcoin was above $15,000 and right on my system in front of me everyday bitcoin has been moving up and it now doubles the price it was when i thought it will retrace. I think this may be a wrong time for shorters to invest but for longers even if it falls, it will rise again.

Quote from: Wenbing on December 29, 2020, 03:36:58 PM

I've been thinking, it's now very scary to buy bitcoin, as the bullish movement is at an unexpected level.

When do you think bitcoin price will start falling?

What are the signs to watch out for?

The problem is that we don't know. If we're talking about what happened in the bullish 2017 and the bearish 2018, market isn't matured that time because of the ICO hypes, stringent regulations, banks and institutions creating FUD for the masses, etc. I believe for this year, the market is more matured. I expect a slight pullback due to paying crypto taxes every April, but there might be other circumstances as well that would possibly correct the price a bit before we see another big bull run.

Just remember, don't borrow money only to buy and trade crypto as you are getting a high risk in not returning the money to the lender due to that.

In fact, it is better not to waste your precious time making such comments. Bitcoin is now much more powerful and has spread all over the world. So it is not possible for anyone to say in advance what it will do. The only thing we can do is how we can earn more bitcoin.

The price should begin to drop gradually if the price of Bitcoin reaches the highest achievement in the current bullish season. But the problem we don't know when it is. Some people state that the price of Bitcoin may reach $100K. So, it means there is plenty of time for Bitcoin to grow. But it is just a prediction, the price may drop at any rate as we don't know the highest rate in this bullish season.

Quote from: Rengga Jati on January 02, 2021, 10:46:02 PM

To get an idea on when that might be, it's best to monitor and identify when market direction has changed. That way, we'd be able to change and adapt when it does. Currently, a large majority of the market participants are gunning for more upsides so I think we might see more price increase before we would have any major pullback. Until then, let's keep exploring Bitcoin and see how far it's set to go.

Many have given lots of future statistics about bitcoin price. Many ended their analysis on the positive side whereas some ended up concluding on the negative side but in all bitcoin as a decentralized currency will certainly encounter some hurdles that might slow its rate or value. The price will shake but will not result to total fall of bitcoin.

Many big business owners, companies and institutions are investing heavily in bitcoin and buy large amount of bitcoin and these is a welcome development for bitcoin and better chance to secure a good future.

Quote from: Wenbing on December 29, 2020, 03:36:58 PM

I've been thinking, it's now very scary to buy bitcoin, as the bullish movement is at an unexpected level.

When do you think bitcoin price will start falling?

What are the signs to watch out for?

It would still be a gamble any time of the year so if would depend on your discretion and timing for you to gain from buying bitcoins. Currently the price of bitcoin still continues to skyrocket and probably one of the best time to buy one but still read the current trends.

Quote from: Rengga Jati on January 02, 2021, 10:46:02 PM

If the price of bitcoin rise to $100k, will it cause altcoin prices to drastically decline?

This is really unpredictable . But what is we are seeing bitcoin is rapidly growing up. So don't be panic just hold it .I think it can be reached at $50000 .🙂

You never know. But remember what Warren Buffet said:"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful". Most of the people are in fear of seeing the price of bitcoin increase significantly this year. But the price does not start to reverse. Why? Because institutional investors, whales, etc are buying bitcoin as much as they can while other people still suspect the motives behind such increase.

Long-term investing is the right choice when you are not very good at trading. However, to make long-term investments, you must also pay attention to the current market conditions. Is the market bullish or bearish. Buying at the right time will give you more benefits. Do not buy at a very high price at that time. There is a time to enter the market and exit the market. Currently the price of bitcoin reaches $ 33k ATH, of course that is a new record that was achieved by bitcoin.

Quote from: Wenbing on December 29, 2020, 03:36:58 PM

I've been thinking, it's now very scary to buy bitcoin, as the bullish movement is at an unexpected level.

When do you think bitcoin price will start falling?

What are the signs to watch out for?

After every bullish trend, bear is waiting to pull back the market. As Bitcoin already set new ATH record yesterday, it might touch $40k or can take a chance to small correction. Correction is a must whether it is few days later or from today but this correction won't be similar after 2017 happened.

There's a lot of indicators to look when the price is going to fall you could try to read some tutorials about forex too since the crypto trading and forex trading has the same concept in terms of trading.

It's so ironically. Some months ago people were wondering when the price would start to go up, now we are dreaming about bearish market instead. I guess Bitcoin price will fall after reaching unbelievable highs.

everyone's answer is the same as all bitcoins will fall in price when bitcoin reaches its highest price I ask if bitcoin has reached its highest price now or bitcoin has not yet reached its highest point?

Quote from: Mr.sprin on January 04, 2021, 09:13:54 AM

It has most likely already reached it's highest price, it has already started falling.

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When do you think bitcoin price will start falling?

Soon, because there are some signs, that is showing in the market causing other cryptocurrencies that are about to rise in this period. Bitcoin price was increased to $33k which is not too stable right now in the market, just because Ethereum and other cryptocurrencies are preparing to improve in the exchange market.

When bitcoin price is falling it will cause another decreasing the value . We do not want to see the price is dumping because right now we are focusing to the price to rise and I think it is not the best now to the bitcoin to dump. I know they have others who are do not want bitcoin to pump because it's envy of what bitcoin already achieve now.