Sterbens
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January 10, 2021, 02:03:44 PM |
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I may be one of the people waiting for bitcoin prices to fall, because I feel like having bitcoin back at its current price is still very traumatic for me when 2017 had ethereum ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . there may be a chance of returning at a time that is quite appropriate and stable, unlike now.
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taufik123
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January 10, 2021, 02:11:38 PM |
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I don't doubt the fact there will be correction at some point but no one knows exactly when this is likely to happen, if he says might crash 50% from current price that means we are looking at around 20k, if this happens many buyers will be waiting to scope more btc after seeing the recent performance and probably the demand might even push price upward. Btc crash always takes alts along ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) When the price drops 50% towards $ 20k the alt will drop as well. Many expect prices to fall drastically and many also expect prices to continue to rise. To hit the $ 100k mark is still halfway there, but it won't be easy. To reach ATH just took 2 years. Currently, many companies and institutions are entering bitcoin, let alone bitcoin breaking the ATH record in the $ 40k area, Bitcoin has become a topic of conversation around the world which has made bitcoin more popular.
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john_nautica
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January 10, 2021, 03:31:59 PM |
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Wow a 50% collapse is pretty high, I am sure that it will create a chaos to the newbie investors if this will happen especially if the newbie investors were not able to sell their bitcoin at the ATH. There are many predictions but as we know predictions are not accurate as bitcoin price is very unpredictable but it has a downside because bitcoin price can be monopolize.
Big whales are the main players to bitcoin price value, let's see if they can push it through to $100K without a big collapse. Once the bitcoin price will collapse, I am pretty sure the other currencies will surely to follow. Let's just hope that it will happen as I like to see the peak of bitcoin price again.
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khaled0111
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January 10, 2021, 03:58:49 PM |
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Just because his prediction that bitcoin will reach 40k was right, doesn't mean that all his predictions are going to be right too. There will be a correction. This is evident but no one can tell when it will happen or for how long it will last. In the linked article, we have two completely different predictions from so-colled experts. One expecting the price to fall by 50% and the other expecting it to hit 150k by the end of the year. So, which of them we should believe?!
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panganib999
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January 10, 2021, 04:08:47 PM |
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Just because his prediction that bitcoin will reach 40k was right, doesn't mean that all his predictions are going to be right too. There will be a correction. This is evident but no one can tell when it will happen or for how long it will last. In the linked article, we have two completely different predictions from so-colled experts. One expecting the price to fall by 50% and the other expecting it to hit 150k by the end of the year. So, which of them we should believe?!
Bitcoin is a decentralized and unstable coin. Many people might be right about its prediction regarding the price or value. Yet I also believe that not all of its prediction will going to be true. Bitcoin today might be showing a rising and falling value but I guess no one can say a accurate journey of its value. Bitcoin is one of the best and most earned crypto tody because ot the hype that was created. Bitcoin became a more big deal thing as we enter 2021 because it achieved a lot more opportunities and specifically its new high time. Bitcoin might go down, but might go up for double. Who knows? Bitcoin is unstable and unpredictable. Just enjoy and happy earning.
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AniviaBtc
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January 10, 2021, 04:51:25 PM |
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Just because his prediction that bitcoin will reach 40k was right, doesn't mean that all his predictions are going to be right too. There will be a correction. This is evident but no one can tell when it will happen or for how long it will last. In the linked article, we have two completely different predictions from so-colled experts. One expecting the price to fall by 50% and the other expecting it to hit 150k by the end of the year. So, which of them we should believe?!
Bitcoin is really unpredictable and if you are playing with your strategies and predictions then it is really hard to tell when to make the best transactions. Some people are selling immediately because they are too scared that the price might go down due to the manipulation of big companies or big investors. That's why we need to adjust depending on what will happen next in the bitcoin run, if it will still be in a bull run or it will now under go bearish market. Making predictions based on the market facts, important factors, investors, volume, and etc., will really help us to have an exact point on when to sell depending on our favor.
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plvbob0070
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January 10, 2021, 04:58:45 PM |
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Well, all I can say is that any of their or our predictions may come true as there's always a possibility and we can only tell that once we reach that point. There's a chance that it might go down to 50% but even the so-called expert at analyzing the market can still fail with their prediction so we should not be afraid since it will be a good opportunity for us to buy more bitcoin. Nevertheless, one thing for sure is that the price of bitcoin will go down, we just don't know when and how big it is in the future.
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serjent05
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January 10, 2021, 05:02:44 PM |
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Well, everything is possible in the crypto space, but with the current surge of the Bitcoin market, I am ought to believe a correction in the coming day. I wouldn't say it will be a price crash because the hype is still there. The market sentiment is still bullish and the Bitcoin 4-year cycle is yet to be completed. Regardless, we should invest in utmost care especially when the market is surging because we will never know what will happen next.
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Asuspawer09
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January 10, 2021, 05:08:35 PM |
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I mean correction and drops are actually healthy in the bitcoin market and just like what happened with the continuous pump of bitcoin up to 40k$ obviously people are expecting a correction already. And with that kind of ridiculous pump in the market price of bitcoin, we could really expect that when the whales sell their investment soon because of the higher price of bitcoin it will be a big dump because of the high leap of the market price of bitcoin. 50% is kinda high for some because for sure a lot of people want to invest in bitcoin and it's a lot more popular than before but it is still possible but for sure investors are gonna reinvest easily when the dump happened.
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hearttt
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January 10, 2021, 05:31:43 PM |
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iam agree with you i think BTC go to 50K then some correction then again go to moon . but iam still waiting for 50% correction .
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serjent05
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January 10, 2021, 05:37:21 PM |
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iam agree with you i think BTC go to 50K then some correction then again go to moon . but iam still waiting for 50% correction .
50% correction isn't a correction but a price crash which I think is possible but not in a short span of time and i believe it is not happening anytime soon. It might happen when the dominance of the Bitcoin market started to fall. I mean correction and drops are actually healthy in the bitcoin market and just like what happened with the continuous pump of bitcoin up to 40k$ obviously people are expecting a correction already.
Indeed correction brings a window of opportunity to the investors to join the market and it enables people who sold to rebuy and join the market again.
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Tahsin Kabir Kollol
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January 10, 2021, 06:30:44 PM |
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Bitcoin price rises for a few weeks and there may be a downward trend for the market to stabilize. We all know that the price of Bitcoin is always volatile and it is slowly reaching new heights in its value. So it is not impossible that the price of bitcoin will fall through a big dump and create a new all-time high again. In this case, the most influential factor is panic, destabilizing the market by selling and lowering the price.
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Wysi
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January 10, 2021, 06:38:26 PM |
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I don't think it will go as per predictions and there are predictions about Bitcoin throughout the year wherein some being negative and some being postive which changes as per market situation and for bitcoin wheter it surges or drops it will coincide with any of these predictions thus people start following he predictor. I think we shouldn't hurry in any decision making and let's wait for actual results then make our move at the earliest.
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Quidat
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January 10, 2021, 07:04:59 PM |
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I don't doubt the fact there will be correction at some point but no one knows exactly when this is likely to happen, if he says might crash 50% from current price that means we are looking at around 20k, if this happens many buyers will be waiting to scope more btc after seeing the recent performance and probably the demand might even push price upward. Btc crash always takes alts along ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Is the current price reduction or correction is already happening? We are now decreasing price from 41k and since we are already 38k as of this moment and even going down. Talking about price of bitcoin would go down then its an inevitable thing.We cant just really expect for a market that would really be just continue to rise up. There would be always a huge sell off or correction.We cant really just know on when it would happen.Price of btc is volatile and unpredictable thats why we should really be careful on making up decisions because we might really being caught in the middle and might result on holding for more longer years.
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sapnu
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January 10, 2021, 08:20:06 PM |
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This time the price of bitcoin has risen at an unusual rate which is really unimaginable. Very soon maybe the price of bitcoin is going to fall again. Now just waiting for that moment to come.
We cannot really predict when is that gonna happen, we should be alert, especially to those people who have still believed that the price will continue to rise up. Be aware that anytime the price can go down, being greedy at this point results in regrets in the end. It is normal when the price falls down since the crypto itself is volatile in terms of its value, the prices are not constant and it is changing time by time. It is still good that the new ATH doubles the last that happened in 2017.
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smoolae
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January 10, 2021, 09:23:12 PM |
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Don't really know what the analyst takes for the event that causes the crash. I personally am pretty sure we are going to have a bit steeper BTC correction. The drop that happened today is greatly tied to the Tether case and the interview/podcast with Paolo Ardoino https://www.whatbitcoindid.com/podcast/questions-for-tether. Things are pretty shady with Tether atm and 15th January isn't the best news for them also.
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Iranus
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January 10, 2021, 09:37:51 PM |
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It would be happened but you can't estimate the exact timing. The market can't just grow unilaterally & the price might be go down, a correction can happen at any time but I don't think 50% collapse is possible. If market came down to 20K area again then it will become a fragile, People will continue to sell their holdings and that fragile market will not be able to achieve stability again in the next 5 years. so 50% down is insane, maybe we will see a correction between 35k to 30k price range.
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oktana
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January 10, 2021, 10:30:04 PM |
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They've said their thoughts based on their analysis. For me, I think that the $100k in this year is possible. Maybe it won't be exactly $100k but Bitcoin could attain a price as high as that. Also, do not really follow what these people say; do not make investments based on others' thoughts. DYOR and make your own guess (it's all guess work anyway).
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Willitivity
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 10, 2021, 10:38:15 PM |
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One of the top analyst who predicted BTC might go to 40k now says 50% of collapse is possible in near days, before few months he stated BTC price might rally at least 300%, on the other side JP Morgan says there are possibilities for 100k till the end of the year So what's next for BTC?
IMO just because his first prediction came to reality doesn't mean he's always right about everything, the crypto market is really volatile and unpredictable, you can really tell what might happen next, so that's his prediction for bitcoin movement it might happen and it might end up not happening its a 50/50 chance, but I seriously doubt if bitcoin will collapse 50% in the next few days as he predicted. Many people are desperately waiting to buy BTC in cheap price especially big whales because they are the one of want to fill their bags, I am curious to buy at half price from now.
History always repeats it self, the Fomo has began, you will normally see people been this desperate to buy bitcoin whenever they see it pumping insanely,lets just hope they don't get caught in the web if bitcoin eventually crash.
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pixie85
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 10, 2021, 10:57:40 PM |
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One of the top analyst who predicted BTC might go to 40k now says 50% of collapse is possible in near days, before few months he stated BTC price might rally at least 300%, on the other side JP Morgan says there are possibilities for 100k till the end of the year So what's next for BTC?
If these are the only odds, I'd say we should all buy BTC right now ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Look what they're saying! One analysis says it might fall and later rally, the other that it could go 300% up this year. They're both extremely bullish. I don't have enough fiat to keep buying, but if I had, I would. Nothing to worry about guys, short term drops are normal in bull markets since price likes to retest fib lines.
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