Bitcoin back to $ 10,000?

[91tommy]

What threshold will bitcoin go down this year?

[Rikafip]

Let me check my crystal ball :p

Joke aside, I don't really think that we will see bitcoin again at $10,000 any time soon, or ever for that matter. To go down from these levels (~60,000) to $10,000 it would mean more than 80 correction, so something like we saw back in the early 2018. Situation is different now, big names are now buying BTC so I don't expect panic selling like before even when it goes down. Another reason why I don't see 10,000 happening is because 60,000 is definitely not the top of the bull cycle. So more we go up, less chances to see BTC at $10,000. I personally don' think that BTC goes below 20k.

The only way for us to see 10k BTC ever again is imho some major fuck up or some widespread ban on everything BTC related.

[cabron]

The only way for us to see 10k BTC ever again is imho some major fuck up or some widespread ban on everything BTC related.

The big names will certainly buy more of the cheap BTC when that happens, It won't take long before they realize BTC couldn't be stopped. the ban will just be temporary and the price will still not drop to $10K. Many investors will still be happy if it will really dip this low, we shall see how much BTC will Microstrategy buy if it goes that low.

[shahzadafzal]

Here is ATL each year from 2012-2020

Year   Price
2012    $4.00
2013    $65.00
2014    $200.00
2015    $185.00
2016    $365.00
2017    $780.00
2018    $3,200.00
2019    $3,400.00
2020    $3,780.00
2021   

I have two predictions...

2021    $7,786.00        <----- average of ATL  since 2014


2021    $14,477.40      <----- average of ATL since 2012

[FairUser]

What threshold will bitcoin go down this year?

Well, a lot of people bought it at a price much higher than it even doubled like this, and they didn't even think it would be about $20,000.

I believe that if bitcoin continues to surge in the near term, we will only have memories of the days when bitcoin was bought at $10,000.

[AGD]

Here is ATL each year from 2012-2020

Year   Price
2012    $4.00
2013    $65.00
2014    $200.00
2015    $185.00
2016    $365.00
2017    $780.00
2018    $3,200.00
2019    $3,400.00
2020    $3,780.00
2021   

I have two predictions...

2021    $7,786.00        <----- average of ATL  since 2014


2021    $14,477.40      <----- average of ATL since 2012

You stole that prediction out of my brain! How did you do that?

[shahzadafzal]

Here is ATL each year from 2012-2020

Year   Price
2012    $4.00
2013    $65.00
2014    $200.00
2015    $185.00
2016    $365.00
2017    $780.00
2018    $3,200.00
2019    $3,400.00
2020    $3,780.00
2021  

I have two predictions...

2021    $7,786.00        <----- average of ATL  since 2014


2021    $14,477.40      <----- average of ATL since 2012

You stole that prediction out of my brain! How did you do that?

Well simple formula

sum of (average of ATL change from 2012-2020)   x  ATL of 2020    = $14,477.40  

sum of (average of ATL change from 2014-2020)   x  ATL of 2020    = $7,786.00

Why two? well $4 to $65 is a hell of a jump 1625%

[amishmanish]

Here is ATL each year from 2012-2020

Year   Price
2012    $4.00
2013    $65.00
2014    $200.00
2015    $185.00
2016    $365.00
2017    $780.00
2018    $3,200.00
2019    $3,400.00
2020    $3,780.00
2021   

I have two predictions...

2021    $7,786.00        <----- average of ATL  since 2014


2021    $14,477.40      <----- average of ATL since 2012

You stole that prediction out of my brain! How did you do that?

I don't think you should take into account the <4K ATL of March 2020. That was the result of an almost black swan event of COVID and wide uncertainty. It seems so far off now but people were actually stocking toilet paper, groceries and talking about using wood burners.

So if you discard that, the new ATL would be much higher. Who cares though. With so much money flowing around, I am sure all the noveau rich from the DeFi world will be itching to get their hands into Bitcoin if and when it starts to cool off.

[decodx]

What threshold will bitcoin go down this year?

Traders and investors should be prepared for the sky to come crashing down and then recover, as it inevitably has in the past. But the value of bitcoin will have to keep rising at a significant pace to meet the expectations set by this year's extraordinary rally.

My prediction is that BTC will keep the lowest value somewhere between 10k and 50k. That's the best I can do right now. 

[Jating]

What threshold will bitcoin go down this year?

Slim chance that we will see bitcoin at $10k.

We are in the bull run, and as the price obviously goes up, the less chance we might see it even hitting $40k. If we had like a covid-19 news that will really put a big dent not just on bitcoin, but the rest of financial markets, we might see 50%-60%. But that will be around $25k-$30k base on the current market price.

[UserU]

My prediction is that BTC will keep the lowest value somewhere between 10k and 50k. That's the best I can do right now. 

If it goes below 10K, my wallet is ready. Healthy correction, here we come

[YuginKadoya]

it sounds to me that OP is wishing for the price to go down beyond $10,000 which is I think may never happen the recent all-time low was due to the pandemic and right now that stretch of a dip may never happen again and right now we may see a $20,000 USD dip or higher than that this staggering change was pretty much tremendous and Bitcoin is never stopping in increasing because right now the price is at $60,000 USD it may sure hit another correction but I think the floor is pretty much clueless right now and out of sight.

[decodx]

My prediction is that BTC will keep the lowest value somewhere between 10k and 50k. That's the best I can do right now. 

If it goes below 10K, my wallet is ready. Healthy correction, here we come

Yeah! Yeah! With that prediction, I'm actually going to be able to afford a whole bitcoin. Just bring it on!

[Wilhelm]

$10k is long gone. Get over it 

This bull market is going to go to the $150k-300k magnitude
Then the bears will pull it back down to a sixth which would be $25k-$50k
Then go back up to $1M or higher.

[Fundamentals Of]

No, not that low. It is more probable that Bitcoin will reach $100,000 within this year than go down so low at $10,000. I don't even predict that Bitcoin will still go down below $40,000 within the year, or ever again. The momentum is incredible. The entries of large institutions mean that it has already earned the interest of the top companies not just at Wall Street but in the whole world.

If you are waiting for the worst dip within the year so that you could finally enter, don't do it at $10,000. First, because Bitcoin won't reach that low. Second, because if ever Bitcoin falls down to that price, you would surely end up not buying at all.

[UnDerDoG81]

Yeah maybe even $1000 

[BitcoinGirl.Club]

2021    $7,786.00        <----- average of ATL  since 2014
.
.
2021    $14,477.40      <----- average of ATL since 2012

Ironically even if we see this price still there will be people who will miss the train. Once the price will start falling those seating on the side bench guys even those who are already in Bitcoin bought when the price was over $30k will start panicking by thinking that it's the time bitcoin is going to disappear.

Remember last time when bitcoin was below $3.2k after it's ATH of over $19.xxxK?

By the way nice visualization.

[proudhon]

What threshold will bitcoin go down this year?

The potential downside is infinite.

edit: and also highly probable

[peterpanda]

What threshold will bitcoin go down this year?

The price of bitcoin is so high at this time and it will be rising more. We can hope that bitcoin will touch $80K within some days. If bitcoin falls down, it won't less than 30k in my opinion.

[Fatunad]

What threshold will bitcoin go down this year?

Who knows?
No one does have the ability to see the future this is why its really an impossible question to be answered and we are all having the same questions in mind on when this bull run would end
and how possible we would able to go back into those prices but to presume out on the current adoption rate then its hard to say that we would really be heading back down into that level.
Instead of worrying yourself into those price levels then its better to cherish out the current situation we are in.Buyback when there's a correction then sell out when
there's a recovery.It might sound simple but this will really be that worth of your time and effort if you done it well.