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Author Topic: Do you think that a new ATH is coming or a crash?  (Read 930 times)
South Park
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January 21, 2021, 10:53:15 PM
 #41

I believe there is a possibility for a crash before any new ATH is built up again because it can clearly be seen that investors' confidence shook up when they say a straight 30% decline in price in less than 24 hours where BTC fell from $42k to $30k like wall of raw bricks. I'm not a bear but currently bearish on BTC and I truly believe that for a higher push towards $50k, BTC should experience the pain of getting pressed under $25k first.
The bears have finally found a level in which they can inflict heavy losses to the bulls, we are once again seeing a crash in the price of bitcoin, however this small crash is still within reasonable limits, if for some reason the bears are able to make the price of bitcoin to go below the 30k level and they are able to sustain that pressure then we could be in trouble, but as long as that level is defended then there is still hope for a new all time high during the next months.
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January 21, 2021, 11:10:58 PM
 #42

The price is 37200 right now.
if Bitcoin continues to make ATH then the market will be unattractive...
I predict there will be a market correction but it won't be below $ 20k. traders need market corrections to be able to pick up profits. let's both take profit when the market correction.



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January 21, 2021, 11:24:29 PM
 #43

The price is 37200 right now.
if Bitcoin continues to make ATH then the market will be unattractive...
I predict there will be a market correction but it won't be below $ 20k. traders need market corrections to be able to pick up profits. let's both take profit when the market correction.
We don't even know if the bearish will come but can't neglect that it drops more below $20k. But this never meant a lot for us if we know how to manage our funds.
We can't dictate the market trend and so a thing that bearish and bullish will come to us momentarily. These whales that we think that control the market has been obsolete, they are making hypes on a certain coin but people keep ignoring it. Only such manipulation will hugely affect the market but if the current momentum remains, investors keep buying, we can expect the price to stills the bullish.
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January 21, 2021, 11:31:56 PM
 #44

~
if Bitcoin continues to make ATH then the market will be unattractive...
I predict there will be a market correction but it won't be below $ 20k. traders need market corrections to be able to pick up profits. let's both take profit when the market correction.

It is true that a correction must occur if we want the Bitcoin price to rise even higher, I believe with you it is impossible for the Bitcoin price to fall below
$ 20,000. Even my prediction that this Bitcoin correction will not take long, because Bitcoin will soon go back up to a price of $ 35,000. After that
it will continue to rise again reaching the price of $ 40,000 and after that it is very likely that Bitcoin will create a new ATH.

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January 21, 2021, 11:46:02 PM
 #45

Right now I am still optimistic about bitcoin and ethereum and I am still holding some of the funds that I bought last year summer and accumulating some at this dumped price this morning. I assume that this price dump will be a stepping stone to a greater ATH in the next run I just hope that everything will go as expected with bitcoin and for altcoins too since we haven't seen a huge bull run on most alts.

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January 22, 2021, 03:54:38 AM
 #46

The price is 37200 right now.
if Bitcoin continues to make ATH then the market will be unattractive...
I predict there will be a market correction but it won't be below $ 20k. traders need market corrections to be able to pick up profits. let's both take profit when the market correction.
How is it possible? is not it FOMO will make people will be massively joining in the market?
it should not be a correction but let's watch the chart right now. It's clearly said that ATH already achieved and this time bitcoin may get another correction or even bearish that will bring the price of bitcoin to the 20 - 30 range too. I have secured all of my assets and waiting for this.

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January 22, 2021, 05:13:55 AM
 #47

The price is 37200 right now.
Wait !!!! What's the idea about 37,200 value for this questions ? why seems like this triggers you to ask if there is another ATH or Crashing coming ?

We have been in 30l level for more that 3 weeks when you created this thread .
Because the value of Bitcoin recovers from the fall to 30,000$?
So what about now that Bitcoin finally fell down 28,000$ again after stating more weeks on 30k and everyone is eying about the 50,000$ breaking.
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January 22, 2021, 05:47:28 AM
 #48

We have been in 30l level for more that 3 weeks when you created this thread .
Because the value of Bitcoin recovers from the fall to 30,000$?
So what about now that Bitcoin finally fell down 28,000$ again after stating more weeks on 30k and everyone is eying about the 50,000$ breaking.
The market has gone down for around 11% according to an article mostly caused by sell off in US and Europe. I hope that 50k will be reached at this point because this seems to be a different case, with more coin supply available to buy, I think that we will be seeing another surge even though there is a looming bear around the block.

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January 22, 2021, 08:04:50 AM
 #49

As what we can see, it's a crash now, bitcoin drops in it's value and some says it will go to $27k some says as low as $25k, but what I can see bitcoin is very volatile, last time in future I bet for short or it will dump then suddenly it pumps and it makes my order liquidated so technically it is very very hard to predict which it could happen, but I am much sure now since a lot of fud happens and somehow some news are I think against btc now so I think it will go under 25k and I don't know if it will go to its new ATH or it will not be again.
That 27k to 25k level is due to why there is a support there. This doesn't mean that the price will go down or up, it could always go down even further than that, the reason is that even if there is a support, that doesn't mean that this support will not be broken. There was a support between 20k and 3k back in the day but we managed to go down anyway, just very very recently, there was HUGE wall on 20k and it looked like it would be near impossible for us to break over, not only we did that but we peaked at over 40k as well.

Basically all I am saying is that we are in a situation where we are doing fine right now and have a decent wall but if we went to a crash, we are going to crash and that wall will not be capable of holding it. I believe there is going to be some sort of waiting period there and depending on what happens and how people react either we are going to bounce from there and go 40k+ or we will crash even lower.

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January 22, 2021, 09:35:48 AM
 #50

The ATH did come.

Still, we are all expecting the price to not hang there for a long time. The price is not at $35K and for me, that is not that bad considering the price of Bitcoin in the past. Right now, I don't think we will be able to have another ATH but I think it will be staying at the price mark or price range. We might see the price at $40K but not go higher than that.
It's not bad to expect a price crashing down for bitcoin because this will create a lot of chances for all of us to accumulate more bitcoins. But if traditional, institutional investors will keep coming for bitcoin, then its possible that bitcoin could rally into a bigger figure like $50k-$60k. And in fact, many in the crypto economy believed that this year might see BCT touching a six-digit number for bitcoin price.

That is really possible.

The price rose so high this year and it is really amazing seeing it. We've been waiting for it for some time and I think the price decreasing happening right now doesn't mean it is done. It is just a correction and after some time we will be seeing the price again setting its course to $50K and $60K. I don't know about $100K but I can wait.
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January 22, 2021, 09:49:41 AM
 #51

The price is 37200 right now.
Considering the movement of Bitcoin these past 2 days ? check the chart and the graphics



Now tell us that can you really predict that ?

Going Up and Down in a  couple of Hours continuously , I am sure those prediction given by others are only based on their own speculation and none has a concrete details on how we will trust nor believe .

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January 22, 2021, 11:35:32 AM
 #52

Right now, bitcoin is already getting down deeper than the last ATH, and the trend is still down. So maybe bitcoin will stay like this at this end of the week. But bitcoin will have the possibility to increase back in the next week because, after the downtrend, the uptrend will come to the market, and will have a chance to lift the price to the high price. And who knows, the next uptrend will be able to lift the price and make a new ATH. But if the price still is like this until the next week, and even it is going down for more, then we have a big discount price to buy bitcoin, and we need to use it for our benefit.

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January 22, 2021, 11:38:15 AM
 #53

Right now, bitcoin is already getting down deeper than the last ATH, and the trend is still down. So maybe bitcoin will stay like this at this end of the week. But bitcoin will have the possibility to increase back in the next week because, after the downtrend, the uptrend will come to the market, and will have a chance to lift the price to the high price. And who knows, the next uptrend will be able to lift the price and make a new ATH. But if the price still is like this until the next week, and even it is going down for more, then we have a big discount price to buy bitcoin, and we need to use it for our benefit.

HOLD! that's what bullish investors are having in their mind now. You maybe right dude, the trend is downtrend, bitcoin is having some kind of correction that some people refuse to believe, so let's just see what's gonna happen this week and if bitcoin dropped below $30k and will be stable at that price, then we can expect another bear market.

I don't want to overreact as I've seen it dump this month but bounces back, and now we are seeing another dump again and I'm not sure what's next for this.

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January 22, 2021, 12:12:36 PM
 #54

The price is 37200 right now.
Considering the movement of Bitcoin these past 2 days ? check the chart and the graphics



Now tell us that can you really predict that ?

Going Up and Down in a  couple of Hours continuously , I am sure those prediction given by others are only based on their own speculation and none has a concrete details on how we will trust nor believe .
There is no relevant data in this situation, because I think big investors are still waiting for the right time. If you see, bitcoin price is still quite strong at the price level of $30k, even though there is a lot of speculation that the price will continue to fall, that means there are still holders waiting to buy more bitcoins, besides that the price will rebound again if conditions are favorable, even though not for a short time like 4 or 5 days ago
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January 22, 2021, 01:02:42 PM
 #55

I think that how the market is going for now, it is possible that there is a possible consolidation in the price, the $ 30k level is much better than it is $ 8k or $ 9k, if a possible bearish attack comes, it may have the ability not to go down both the market ...

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January 22, 2021, 01:09:39 PM
 #56

~~
 the $ 30k level is much better than it is $ 8k or $ 9k, if a possible bearish attack comes, it may have the ability not to go down both the market ...
If imagining this going back to $9,000 is hard enough to believe but when the bearishness never stops the possibility will definitely happen again, but what I know in my prediction it will not repeat below bottom but we are more likely to survive $30,000 still in ATH and The value is quite high and this is just the first phase. I am not that worried, but I am sure that it will be positive that in the future it will be better with soaring market growth.

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January 22, 2021, 01:29:42 PM
 #57

What I was thinking now is very positive that we keep the momentum for a long time. Currently, at $31,000k a few more dumps happening around but this will be possible just a short market correction, it will recover later. Well, the situation is so tricky, some make a jump into ETH and some altcoins as they saw a hype on altcoins. This cause a huge impact on the Bitcoin trend (and this normal) but I was not bothered to keep it until such time bearish season will come.

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January 22, 2021, 02:30:21 PM
 #58

I think this is the time for a market correction and the bitcoin price might drop to $25k. This correction is very important for bitcoin to retain its bull run momentum. So this is not the time for a new ATH. There is a possibility that we can see a new ATH at the end of 2021 or early 2022. Chances are, that price might go past $50k at the end of 2021.

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January 22, 2021, 02:59:24 PM
 #59

Not quite sure though since the market moves depends on whales desire like if they choose to buy and hold then we will have a bull run while if they decide to sell and we will have a bear market I guess. Currently, we're hovering at $31k and it's kinda down right now can't exactly tell if the rally was over or not but I'd say that we're only its might just a correction and it could bounce back for another new ATH. But still, you should always be prepared 'cause market doesn't always work on our side.



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January 22, 2021, 04:21:47 PM
 #60

You asked a very difficult question on this forum and i agree with your question becouse our thinking is same. Now per bitcoin price 32,000 usd on this time. Some people say that btc price will 30,000 usd Between some days. I don’t know that their prediction is true or not.    
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