Is Bitcoin's price drop to 30K healthy?

[AndySt]

Based on recent increments it's obvious that bitcoin will increase every three months interval and I have seem that before 2024 bitcoin will  reachl eighty thousand 80 k, because these year the rapid growth of bitcoin was surprising it started from 17k to 19k even when it get up to 40k people mind set is that bitcoin will fall back to 20k so correctly bitcoin is in 46k.

I think it is not sure, bitcoin price should not be based on months, you should based on the charts and volume of it in the market. I know that it is understandable if bitcoin may dump or have a dip after this long rally to above $40000, it is normal, so I think bitcoin will have the correction next month and it will go lower up to $30,000 and then after that it will have a swing before it will go higher again, economy in each country is rising people have their money they will invest in bitcoin once they got the right time.

It all depends on what levels the market will fall to. Let's say if it falls to one thousand dollars, and then grows to ten thousand dollars, then you can hear the joyful comments of all sorts of experts that bitcoin has experienced a powerful leap and has risen ten times. At least I hear something similar when some try to compare with the level that was at the beginning of last year

[Argoo]

In January, a drop in the price of Bitcoin to $ 30,000 would be quite normal. From the point of view of its current price of more than $ 55,000, this is no longer normal, but not fatal either. Most likely, Bitcoin will still fall to the price of $ 30,000 and, possibly, more than once. This is the nature of cryptocurrency, it has very high price volatility.

[freedomgo]

In January, a drop in the price of Bitcoin to $ 30,000 would be quite normal. From the point of view of its current price of more than $ 55,000, this is no longer normal, but not fatal either. Most likely, Bitcoin will still fall to the price of $ 30,000 and, possibly, more than once. This is the nature of cryptocurrency, it has very high price volatility.

Knowing crypto and bitcoin, everything is normal.

Let's use the past as a basis to convince ourselves, bitcoin hit almost $20k as its ATH in 2017, in 2018 it dump to $3000+, we panic and thought end of bitcoin already, but it didn't last long, it dump but slowly recovers and it resulted it was just an opportunity given for us.

[geegaw]

In January, a drop in the price of Bitcoin to $ 30,000 would be quite normal. From the point of view of its current price of more than $ 55,000, this is no longer normal, but not fatal either. Most likely, Bitcoin will still fall to the price of $ 30,000 and, possibly, more than once. This is the nature of cryptocurrency, it has very high price volatility.

Knowing crypto and bitcoin, everything is normal.

Let's use the past as a basis to convince ourselves, bitcoin hit almost $20k as its ATH in 2017, in 2018 it dump to $3000+, we panic and thought end of bitcoin already, but it didn't last long, it dump but slowly recovers and it resulted it was just an opportunity given for us.

Rise and fall are the normal nature of the market but each year is a new result and rewritten by different scenarios, will you really consider the opportunity to buy back when bitcoin drops to 30k$ or not? The crypto market has such high volatility and unlimited devaluation moments, you cannot use past data to convince us that this is a normal story, the price of bitcoin was not the price of 2017, sometimes this can be a new scenario, instead of maintaining the old thinking, investors need to see the new nature of the market, the data will allow us to explain these unusual issues.

[finaleshot2016]

In January, a drop in the price of Bitcoin to $ 30,000 would be quite normal. From the point of view of its current price of more than $ 55,000, this is no longer normal, but not fatal either. Most likely, Bitcoin will still fall to the price of $ 30,000 and, possibly, more than once. This is the nature of cryptocurrency, it has very high price volatility.

Knowing crypto and bitcoin, everything is normal.

Let's use the past as a basis to convince ourselves, bitcoin hit almost $20k as its ATH in 2017, in 2018 it dump to $3000+, we panic and thought end of bitcoin already, but it didn't last long, it dump but slowly recovers and it resulted it was just an opportunity given for us.

Yeah, it's just a cycle and we know that it'll show a huge comeback.

Now that the current ath of btc is $61,556.59, $30k USD is pretty normal as we know that correction will occur in the future. Don't panic, chances and opportunities are always given every year and we should invest our money wisely.

[Furious 7]

In January, a drop in the price of Bitcoin to $ 30,000 would be quite normal. From the point of view of its current price of more than $ 55,000, this is no longer normal, but not fatal either. Most likely, Bitcoin will still fall to the price of $ 30,000 and, possibly, more than once. This is the nature of cryptocurrency, it has very high price volatility.

Knowing crypto and bitcoin, everything is normal.

Let's use the past as a basis to convince ourselves, bitcoin hit almost $20k as its ATH in 2017, in 2018 it dump to $3000+, we panic and thought end of bitcoin already, but it didn't last long, it dump but slowly recovers and it resulted it was just an opportunity given for us.

Yeah, it's just a cycle and we know that it'll show a huge comeback.

Now that the current ath of btc is $61,556.59, $30k USD is pretty normal as we know that correction will occur in the future. Don't panic, chances and opportunities are always given every year and we should invest our money wisely.

When it is high and we have reached a new ATH again, now the price is below the ATH a little bit so we have to be ready for a correction that will occur in the future, I think it will not be long for a while like before, which often happens, bearishness will not just come , we see this cycle is quite good and one of them is with a fairly stable market so at under $ 40k it would be normal as the current bubble will not be strong enough to continue.
I think with my own speculation that bitcoin will continue to grow quite well, so what you say by investing is indeed the best and wise thing to do from now on.

[wxxyrqa]

A correction that brought Bitcoin down to $ 45,000 is perfectly acceptable. But if you take into account the fact that Bitcoin will be able to go down then $ 30,000, then again you need to expect the largest collapse of the cryptocurrency market in its history, because all the big capital that entered the cryptocurrency market at the end of 2020 and at the beginning of 2021 will not want to lose their money and immediately sell everything that they bought. One can only guess what kind of reaction this will cause in the cryptocurrency market. But I am sure that the owners of large investment portfolios will protect their assets by all available means and, perhaps, we will never see 30 k. at the same time, there is no need to give the example of 2017, since the situation is completely different and the cryptocurrency market is already much stable.

[goldade]

There are a lot of speculations analysts make. You should, however, know that many of these speculations are wrong. This is because no one knows for certain what and what will happen to bitcoin. You should know that what controls the market is actually the law of demand and supply. This means that the market is controlled by those who buy and sell. This then means that if the price of bitcoin would come down to $30k, it would be determined by the buyers and sellers and not some speculators.
I am not saying it is impossible for the price to go that low, I am only saying you shouldn't base your judgement on some speculations by some analysts

[Quidat]

$60k to 30k drop or simply 50%? Actually the market could really give out this kind of crash but of course that would really be corresponding with some negative sentiment
or new or events that do happen in the market.Im not saying it is just healthy but these kind of price crash does indicate something wrong.If we cant see any possible
reasons after that event then you would really have those kind of doubts which you can tell that it is way too manipulative.So when you do deal into this market then
be sure that you are ready with the possibilities because it can really happen even people do day that it is impossible.

[AndySt]

$60k to 30k drop or simply 50%? Actually the market could really give out this kind of crash but of course that would really be corresponding with some negative sentiment
or new or events that do happen in the market.Im not saying it is just healthy but these kind of price crash does indicate something wrong.If we cant see any possible
reasons after that event then you would really have those kind of doubts which you can tell that it is way too manipulative.So when you do deal into this market then
be sure that you are ready with the possibilities because it can really happen even people do day that it is impossible.

Those who have been engaged in bitcoin for a long time or at least from time to time are interested in it will not be surprised by such a scenario, because the events that took place in the market in the past years have already accustomed players to taking into account the most diverse and incredible scenarios of development. Negative aspects are always present in any phenomenon and this cannot be avoided, but in the bitcoin market, such moments can lead to disastrous consequences for the exchange rate due to the relative youth and immaturity of the market in relation to other traditional market sectors.

[AmoreJaz]

$60k to 30k drop or simply 50%? Actually the market could really give out this kind of crash but of course that would really be corresponding with some negative sentiment
or new or events that do happen in the market.Im not saying it is just healthy but these kind of price crash does indicate something wrong.If we cant see any possible
reasons after that event then you would really have those kind of doubts which you can tell that it is way too manipulative.So when you do deal into this market then
be sure that you are ready with the possibilities because it can really happen even people do day that it is impossible.

Those who have been engaged in bitcoin for a long time or at least from time to time are interested in it will not be surprised by such a scenario, because the events that took place in the market in the past years have already accustomed players to taking into account the most diverse and incredible scenarios of development.

such scenario is not impossible to happen but we need to look at the current situation of the bitcoin market. this year is different when it comes to adoption from financial institutions and top companies. drop to 30k as you said, means something is wrong with the market, and that entails news that has high impact in btc market. analysts can say what they want. but they can't accurately predict the market.
they are just ordinary people and are just giving their own speculations. and it doesn't mean it will really happen.

[Ausgewielt]

As an investors I am waiting for this because I want to buy more bitcoin. Bitcoin still need more mass adoption so the price of it can be little bit more stable. I think the volatility of bitcoin price is an attractive thing for investors because they can get profit from it. For a currency, volatility is not good condition but for investment it provide bigger chance for investors. I can't 100% agree with that analyst's statement.