BayAngelo (OP)
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January 28, 2021, 09:50:53 PM |
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I am confidence that bitcoin will never fall below 20,000 or 25,000 again with the huge flux of money into cryptocurrency. i am sure that no whale will be able to dump again hoping to buy back again. because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap. it is something worthy to note that the first 40 tokens/coins in the crypto market are worth more than 1 billion market cap. A huge achivement for the crypto space.
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jahepahit
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January 28, 2021, 10:36:37 PM |
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I think there is liberty for alone to make their choices. I have the checked the chat fir Bitcoin and it's showing that the dump has stopped and oeuce went back up.
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tabas
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January 28, 2021, 10:38:43 PM |
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I am confidence that bitcoin will never fall below 20,000 or 25,000 again with the huge flux of money into cryptocurrency.
The same as you. I'm also thinking positive that it won't fall under $20k. Although don't be discouraged whenever there are analysis that you see that says it can go as low as $3k again, they won't stop thinking of it because they've truly missed buying the dip. i am sure that no whale will be able to dump again hoping to buy back again. because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap. it is something worthy to note that the first 40 tokens/coins in the crypto market are worth more than 1 billion market cap. A huge achivement for the crypto space.
Institutions are getting their race of acquiring more bitcoins. Exchanges like etoro have said they're limiting their bitcoins for buyers.
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shinratensei_
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January 28, 2021, 11:02:15 PM |
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There would be a lot of whales wanna create the dump and remember grayscale was buying more and more. I remember that microstrategy was also adding more bitcoin into its portfolios. The institutional investors have been eating the bitcoin that being mined by the miners to be dumped to the market. That gives no pressure on the market. If the institutional investors still load more bitcoin from the miners and that would be good.
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Kupid002
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January 28, 2021, 11:16:06 PM |
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I am confidence that bitcoin will never fall below 20,000 or 25,000 again with the huge flux of money into cryptocurrency. i am sure that no whale will be able to dump again hoping to buy back again. because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap. it is something worthy to note that the first 40 tokens/coins in the crypto market are worth more than 1 billion market cap. A huge achivement for the crypto space.
The daily volume in crypto is also increase compare it to last year and 2019 so no doubt that it will bring the price of every crypto currency up for this whole year with a bit of correction which is normal thing. Top crypto in market cap has billion dollar daily volume thats why I still positive that it will bring more interest to people to invest in crypto currency by this years and it will not end it today or this month.
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makishart
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January 28, 2021, 11:19:58 PM |
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The huge support that already received by bitcoin from the some institutional investors have been giving very big liquidity to the market. This is also giving very big impact to the altcoins at the same time as the liquidity on bitcoin increased so hard and more people join in altcoin too. There were so many newcomers came to the crypto since the pump for bitcoin has started. It's good to see crypto already brought into the another level and it's not getting stuck.
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tippytoes
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January 28, 2021, 11:25:35 PM |
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The huge support that already received by bitcoin from the some institutional investors have been giving very big liquidity to the market. This is also giving very big impact to the altcoins at the same time as the liquidity on bitcoin increased so hard and more people join in altcoin too. There were so many newcomers came to the crypto since the pump for bitcoin has started. It's good to see crypto already brought into the another level and it's not getting stuck.
I am just hoping to see more blockchain projects that can actually implement their use case in the market. To see the impact they may bring to the industry if blockchain tech is integrated in the system. Up until now, most alts are merely for speculative purposes. Very few have active use case in the market. We need to show that blockchain tech can really make a difference in our way of life by seeing its applications in our daily living.
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Youghoor
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January 28, 2021, 11:40:55 PM |
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THE CRYPTO MARKET IS SO RICH AND SATURATED
The crypto market has always been rich and saturated, you just need to understand the nature of the entire in order to know what to invest in. In as much that the crypto market is rich, you should also understand that there are a lot scams available on the crypto market. These scams are part of the reasons why the market is also saturated. There are about 45% of scam projects on the crypto market. After they made money, the project becomes dead and investors become victims.
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DarkDays
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January 28, 2021, 11:43:09 PM |
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I am confidence that bitcoin will never fall below 20,000 or 25,000 again with the huge flux of money into cryptocurrency. i am sure that no whale will be able to dump again hoping to buy back again.
It depends though, right? Even after so much pump you never know at least for 2021. I can't be thinking that's a guarantee BTC will never go below 20K. It only takes one huge whale to manipulate the market with other lower holders following the trend -there could still be a snowball effect so I'm not putting my money where my mouth is. because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap.
That's true, these few months alone have seen a few large institutions buying in millions worth of BTC but let's not forget that there are hundreds more like this is not bigger. I'm not trying to be all negative, I'd like to be an optimist and hope that BTC will be holding strong and never return to the previous values but its just that in these days you never know for sure- you can't!
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Rengga Jati
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January 29, 2021, 12:02:23 AM |
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Let's see what rate that Bitcoin will breakout the resistance again. And if it will fall down into $27k and being stagnant or sideways, this may be happening and the altcoin season may be starting. However, after this bullish time, will it be really above $20k always? or will dump again until under $15k next year? Let's see, but no panic here whatever the condition of the market.
And iso far, the market is so surprising, many tokens ar pump and dump so easily. The last is about the increase of DOGE. ANd one by one altcoin shows its charming to start their own season
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asriloni
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January 29, 2021, 04:20:49 AM |
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It's not only a huge achievement for crypto but it can also be considered as a good thing too consider when the valuation of crypto is going to increase and that valuation mean more demand has come to the crypto. I just see that when there's a coin that got more valuation and liquidity means the coin is starting to get the hype by the investors. The institutional investors have been starting to consider crypto as a way to make money and investment. Crypto gonna be a big thing in the future.
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Shallow
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January 29, 2021, 07:21:04 AM |
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The market has grown so much over the pass days and this all goes to institutional investors as well as other investors who trusted Bitcoin and the crypto space, and with the level of investors in the market now, we can be sure of more growths if not now, then in the future. However, irrespective of the number of institutional investors in the market, we should understand that, there are things or factors that will continue to exist in this crypto market and these factors goes a long way in deciding how the market will be and so on, and one of it is news, it can take a few news to dump the market in as much as it will take a few news to pump it. Also, we should understand that, volatility is still very high in this space, and because of that stating predictions hardly work, thus the reason I believe that, in as much as we know how valuable Bitcoin has grown, that yet we can't predict what price it will be in the next few months, thus can also dump below 20,000 or 25,000 but what matters is that, no matter how hard it dumps, it will always come back stronger.
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testbug
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January 29, 2021, 07:27:30 AM |
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I personally think bitcoin will increase over the next few months. As mentioned by others, a price correction is normal and a healthy thing to happen. If you did aquire your bitcoin a "long time ago" the X-multiplication is very high. And i think the whole world is just starting too see bitcoin and other cryptos as a "real thing" and not like strange nerdy projects. With paypal there is/will be a very high useability of bitcoin and other cryptocurrencies. Imagine if you basically could pay in cryptos for every plattform accepting paypal. Very big move!
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cilgindansci
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January 29, 2021, 07:39:30 AM |
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I agree with you in these determinations. Large investors in Bitcoin currently have very high costs. Under these circumstances, it is very difficult for the Bitcoin price to fall below $ 20000. If we see those levels again, I think it will be a good buying opportunity. We will continue to monitor the markets ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Santri
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January 29, 2021, 08:16:42 AM |
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I also agree with what you said because in 2021 I saw more support coming in cryptocurrency and liquidity this year is also very large compared to the previous year, it indicates that if more people come, I am sure that bitcoin will develop even more in the future
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Teraboy
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January 29, 2021, 08:37:38 AM |
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That's very good to see that coz the crypto market became even mature than before. The total marketcapitalization of crypto is growing so hard and i think that can be called as a representation for how much demand that started to get into the crypto. More coins become unicorn and that will give a very good impact to the future of crypto as the big investors will be starting to see crypto as a potential way to invest.
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poodle63
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January 29, 2021, 08:38:53 AM |
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Seeing how it bounce again from $30k to $32K kinda makes me feel a little bit confident. Guess the institutional investor really helps building the foundation for this one bull run that makes it hard to get dumped past $30K point. Now, crypto has become something normal in our digital lifes and many of other people aswell, maybe this time gonna be different than the cycle of bitcoin pump and dump like what happened in the past? The market could grow so much in just a decade, imagine another decade.
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Text
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January 29, 2021, 08:49:47 AM |
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No one can say that the price of Bitcoin will never fall again because we do not know what will happen next if the whales manipulate the increase or decrease in its value. But, I am not saying that it will fall because I would still like it to rise again than to go down. We can do nothing if it goes down, but it can provide an opportunity to buy at a low price and earn on rising again. But with the beliefs and trust shown by users because of its usefulness, I do not believe in very unrealistic analyzes.
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torrantz
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January 29, 2021, 08:53:05 AM |
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THE CRYPTO MARKET IS SO RICH AND SATURATED
The crypto market has always been rich and saturated, you just need to understand the nature of the entire in order to know what to invest in. In as much that the crypto market is rich, you should also understand that there are a lot scams available on the crypto market. These scams are part of the reasons why the market is also saturated. There are about 45% of scam projects on the crypto market. After they made money, the project becomes dead and investors become victims. THe crypto market weren't like this 8 years ago so I can say it's really amazing growth of crypto market. However, talking about scam, it's safe to say that if we stick to the common knowledge of not being too greedy and if something's too good to be true then that might be scam we can never be scammed. Frankly, scamming happens like literally everywhere, in stock market, startup, and many more. Even scamming in traditional market occur so frequently people normalize it. It's just how we keep ourselves away from any kind of scam.
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Eddyc
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January 29, 2021, 09:50:30 AM |
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Yes, besides that, big projects already know that they need to do something new to change the market because if we ask the top 100 with a large daily volume and ask the following question: What is this project really worth besides speculative information. Thus, the current market faces this issue to reflect and analyze what really matters in the end.
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Note* I write about projects that can do something for society. Now whether this will happen depends not on me, but on the project team. I'm just a writer... DYOR
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