Bitcoin will not reach $50,000

[whyrqa]

Of course, predictions are a thankless task, and everyone who predicts certain events in the cryptocurrency market is waiting for that moment to be disappointed or to make sure that his words are correct. But before making plans for the future, you need to look at the state of the world economy and the banking system today. The fact is that with the arrival of a new economic crisis, a banking crisis is already coming and nothing can be done about it. Undoubtedly, Treasuries and Ministries of Finance will massively issue paper money to visually cheer up the public, but in reality we all have to worry about how much gold, silver and bitcoin we have, not the national currency. The more people worry about this, the higher the BTC rate will rise.

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[StreakW]

I realized that the market would be more interesting if bitcoin will not reach $50,000 at this bull run.

Just like the last bull run, bitcoin did not reach $20,000 and the price corrected hard.
So I'm thinking maybe it could happen this time and we will call it " bull run over" while watching the price dump.

What do you think ?

You compare 2 different things, when bitcoin fail to reach $20K it's because we at the end of the year, and based on the history chart end of the year is the last time of bull run, and now we just in the early of the year, so comparing it is not balanced. This is should be not to compared

[ololajulo]

There are different charts and prediction in this market that are unreliable. I want to believe a factor that the movement of bitcoin to exchanges will be pivotal to the peak of the bullrun market. More also the time halving to peak of the market, to the time of the market bottom have been similar in previous cycle. The only difference is the impact of institutional investors that are still active in this market especially on bitcoin. Some even believe there might not be bear market but if we can have correction we can likely have bear market irrespective on the investors.

[Distinctin]

You are wrong OP, bitcoin hits $50k already and that's the new ATH thus far.

I tell you, it's hard to be bearish when the market is full of bulls, anytime a price even how big the wall is can be achieve, and we just hit $50k before it fall back a bit, next stop would probably be $60k, that could be achieved in the next few days, the run still continues.

[Fatunad]

I realized that the market would be more interesting if bitcoin will not reach $50,000 at this bull run.

Just like the last bull run, bitcoin did not reach $20,000 and the price corrected hard.
So I'm thinking maybe it could happen this time and we will call it " bull run over" while watching the price dump.

What do you think ?

For sure you had come back into this thread and try to look up your words yet bitcoin did able to reach out that 50k though it didnt stay that long but at least
we do see that it do able to reach out on where everybody was hoping.

Correction is inevitable but doesnt really remove the possibilities that we would reach up these high price.We do have our own inputs and views.

Now that it did reach out 50k which does signify that bitcoin could really surprise anybody with least expectation.

[OgNasty]

The title to this thread didn’t age well. It is quite amazing to think we have hit $50,000 per Bitcoin. Hard to believe even. It doesn’t feel like celebration time yet though. Save the fireworks for when we break out the six digit numbers. That will be just cause for an epic party.

[philipma1957]

At op lock the thread.

And make one about 60k.

once we reach 60k

lock that thread 🧵

open one about 70k.

once we reach 70k

lock that thread 🧵

open one about 80 k

eventually you may get it right.😊

[youdacapt]

I realized that the market would be more interesting if bitcoin will not reach $50,000 at this bull run.

Just like the last bull run, bitcoin did not reach $20,000 and the price corrected hard.
So I'm thinking maybe it could happen this time and we will call it " bull run over" while watching the price dump.

What do you think ?

I think bitcoin doesn't look like stopping soon, it will ofcourse experience a price correction; but at what price? 50,000$ has been crushed already, would it be 60000$ next or back to 40,000$? The trends this year looks like not following the 2017 trends; and the Chinese holiday has had little effect on the market too. Perhaps the bear would come after the altcoin bull market ?

[pooya87]

I still don't understand why every time we are in a trend like this some people resist accepting the fact that while in a very strong bull run, any kind of "big dumps" is simply not possible. The time between these strong bull runs aren't that long for them to forget either not to mention that the charts are there for everyone to see how the market is during times like this.
We had thins in 2017 too, people kept saying price is going to dump hard to $1000, $200, etc. while it was breaking $4000!

[UnDerDoG81]

At op lock the thread.

And make one about 60k.

once we reach 60k

lock that thread 🧵

open one about 70k.

once we reach 70k

lock that thread 🧵

open one about 80 k

eventually you may get it right.😊

Heheh yes it's funny to see one thread after another falling. There is also this thread from sgbet where he first claimed bitcoin will fall to $1200 or so by February 2021. Now he changed the title. Yes one of them will be right at some point and then say "told ya"...

[ethereumhunter]

I think bitcoin doesn't look like stopping soon, it will ofcourse experience a price correction; but at what price? 50,000$ has been crushed already, would it be 60000$ next or back to 40,000$? The trends this year looks like not following the 2017 trends; and the Chinese holiday has had little effect on the market too. Perhaps the bear would come after the altcoin bull market ?

Yes, it will reach $60k for the next increases. But we do not know what price the bitcoin will be down later as no sign shows to us. We can only predict how deep the bitcoin price will down. The bear will come by itself, and we do not know if that will happen after the altcoin gets bull run or not, but one thing that we know is to prepare ourselves for the coming. But I guess that the bull run for bitcoin will still continue and the altcoin bull run is not yet happening. The altcoin increases the price step by step, and we can wait for the altcoin season to come.

[Viscore]

I was wrong after all, congrats to all of you guys who predicted that bitcoin will get past $50k, and I think majority of you if not all have predicted that.

This thread now needs to be lock now, good luck and enjoy the bull run, let's see what's the next stop.