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Author Topic: Bitcoin back to $ 10,000?  (Read 831 times)
sana54210
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March 14, 2021, 05:38:00 PM
 #21

$10k is long gone. Get over it  Cool

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.
That’s something we should not say to bears, let them think that we could reach to bear levels once again, they will sooner or later realize that we will not reach to 10k levels and that is going to be the most profitable things for the bull people. Let those who create FUD sell their coins so that we could buy theirs and make profit, let them think that 10k is possible so that they fear and panic sell their coins in order for us to buy it cheaper and hold it and make profit.

Look at people who got scared and sold and dropped the price to 43k, we have made 50% profit from those days very quickly, where else could we make 50% profit in two weeks time? Nowhere else would have helped us make that kind of money. This is why I believe we should like these people, let them be whoever they want to be and fear from a 10k dip again, that would be beneficial for us anyway so I do not mind.
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March 14, 2021, 05:44:43 PM
 #22

is a BTC at 10k still profitable for miners ?

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March 14, 2021, 05:49:08 PM
 #23

Maybe in our wildest dreams, bitcoin would go back to $10,000. It is volatile but IMHO, we're not going to see it again. The most possible price that we might see is half of today's price. Maybe from $30,000, the lowest could be $25,000.
What people are thinking about today is the highest what bitcoin can be achieved before the end of the year. We're about to end the first quarter and it's totally freakingly amazing that we've seen bitcoin on new highs.



 

 

 

 

 

 


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March 14, 2021, 05:59:23 PM
 #24

Don't know what threshold will allow bitcoin to drop by at least half from now, let alone fundamental, is it possible that there will be a stronger threshold so that the market is more shaky and cannot be controlled by anyone?
The price is already too high what makes us wish it could go down even further? don't we want high prices before or do we want to buy lower and want faster profits? I think it will be difficult if we are chasing an uncertain thing which is clear in the future it will be higher and your new ATH will be reached in the next quarter.

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Wilhelm
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March 14, 2021, 06:03:56 PM
 #25

$10k is long gone. Get over it  Cool

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.
That’s something we should not say to bears, let them think that we could reach to bear levels once again, they will sooner or later realize that we will not reach to 10k levels and that is going to be the most profitable things for the bull people. Let those who create FUD sell their coins so that we could buy theirs and make profit, let them think that 10k is possible so that they fear and panic sell their coins in order for us to buy it cheaper and hold it and make profit.

Look at people who got scared and sold and dropped the price to 43k, we have made 50% profit from those days very quickly, where else could we make 50% profit in two weeks time? Nowhere else would have helped us make that kind of money. This is why I believe we should like these people, let them be whoever they want to be and fear from a 10k dip again, that would be beneficial for us anyway so I do not mind.

I agree, I'm too nice Smiley

More coins for us Wink

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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March 14, 2021, 07:27:32 PM
 #26

It might dropped to that certain level but no one can actually tell what year that would happen but if you look at the previous ATL each year I think $10k is long gone and I'm pretty sure it won't happen this year. Look what price people are waiting to happen in this bullish market it's not yet a time for bear.

With all of these large institutional investors putting their money on the line and increasing the Bitcoin adoption. We might see more of them coming to join the bandwagon and make another ATH within this year. Speculators are expecting a $100k to $150k as an ATH I don't think there's a room for that $10k. Imagine how much percentage of price investors would lose if it is going to drop at $10k?

3996
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March 14, 2021, 11:38:34 PM
 #27

The lowest price of 2021 will be whatever that dip at the beginning of year was, when it dipped for a few days from like $34k. I believe it went down to $27k. That'll be the year low.

If we get a peak with a few months left in the year we could see prices back to around $60k by end of year. I wouldn't be surprised if we never see under $50k again. I doubt the next correction will go under $50k. And I doubt the next bear market will go under $50k as I don't expect it to be as deep or as long as previous ones thanks to big money in bitcoin now, and besides I doubt it'll have bottomed by end of this year even if the peak comes like in Aug/Sept.

So the 2021 low is $27k. The lowest we'll see from here on out is probably something in the $50,000s.
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March 14, 2021, 11:48:58 PM
 #28

What threshold will bitcoin go down this year?
I think after a big correction Bitcoin will drop like happen in 2017 and for dump until  $10K I think still possible if based on the current price. But we are too early to predict the deep price. So let's wait until Bitcoin hit the peak price and the bull run will over and will make it easier to predict the deep price
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March 14, 2021, 11:59:33 PM
 #29

Possible, but $10k is too slow for this prediction, we know that there's no infinite growth of Bitcoin price and if there is an all-time high, there's also an all-time low.  It was been expected by most that right after this bullish trend there would be a small pullback on the market price and all of us have a crystal ball and draw our own insight.  For me, it will hardly break down the $30k price, look around, there are too many investors including institutional and even private companies start adopting Bitcoin.

For now, let's enjoy the recent pump of Bitcoin.  Dont think too much about the possible pullback that might cause FOMO on us.  Bitcoin prices remain predictable at the end.

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March 15, 2021, 12:10:15 AM
 #30

i just done some calculations
of all the UTXO(coin movements) 6.8mill coins of the 18.6m circ shifted in the last 6 months. where over 75% moved while the price was over $37k

75% of active movers(last 6 month active users) wont wont to sell at a loss below $37k

minin costs minimum cheapest cost is about $22k so miners on the most efficient asics wont sell below $22k. and hobbiests with higher costs wont sell that cheap.
infact hobbiests with higher mining costs will stop mining if it went down to that level and just buy like crazy as it would be super cheap to just buy instead of mine if it goes below their higher personal threshhold

so there is really high support/resistance. to let it drop below $37k and even more support pretty much all active bitcoins that will not sell below $21k

..
in short. forget $10k.... 22k is the ultimate bottom now. and a good chance $37k is a good strong support

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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March 15, 2021, 01:36:56 PM
 #31

The lowest price of 2021 will be whatever that dip at the beginning of year was, when it dipped for a few days from like $34k. I believe it went down to $27k. That'll be the year low.

If we get a peak with a few months left in the year we could see prices back to around $60k by end of year. I wouldn't be surprised if we never see under $50k again. I doubt the next correction will go under $50k. And I doubt the next bear market will go under $50k as I don't expect it to be as deep or as long as previous ones thanks to big money in bitcoin now, and besides I doubt it'll have bottomed by end of this year even if the peak comes like in Aug/Sept.

So the 2021 low is $27k. The lowest we'll see from here on out is probably something in the $50,000s.

Well i also bet that whenever the bitcoin goes down within the year it shouldn't go down low at $10,000. Well i guess i believe that the situation of bitcoin market today was too far different from 2018-2019 market value which here bitcoin dip down to $3000. Bitcoin was a well-known cryptocurrency now where it attracts potential and also world renowned richest man and investors. If the bitcoin price went through price correction it might be between $30000-$20000.
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March 15, 2021, 01:55:15 PM
 #32

in short. forget $10k.... 22k is the ultimate bottom now. and a good chance $37k is a good strong support

Here is a more reasonable range. This is already the most bearish of all practical bears. Personally, I will not be recommending that whoever wants to enter into Bitcoin will have to wait for $22,000 to even $37,000. This range is already too far down that the probability of meeting such price in the market is very low. So the risk of not actually making a Bitcoin purchase after a long long time of waiting is high.

Be careful with being too cheap you might miss the train.
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March 15, 2021, 02:32:55 PM
 #33

My prediction is that this year the Bitcoin price won't drop to $ 10k. The lowest Bitcoin price possible at $ 30k, but it's also not going down any time
soon. Especially now that the Bitcoin price is still in a bullish trend, so maybe it will just correction to the price of $ 48k, after that it will go back up
again. Bitcoin's performance has been extraordinary this year, beyond the expectations of many people. Imagine that in a short time it could reach
a price of $ 61k. There is no asset that performs as well as Bitcoin, so definitely regret it if there are people who have not invested in Bitcoin.

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March 15, 2021, 05:10:55 PM
 #34

My prediction is that this year the Bitcoin price won't drop to $ 10k. The lowest Bitcoin price possible at $ 30k, but it's also not going down any time
soon. Especially now that the Bitcoin price is still in a bullish trend, so maybe it will just correction to the price of $ 48k, after that it will go back up
again. Bitcoin's performance has been extraordinary this year, beyond the expectations of many people. Imagine that in a short time it could reach
a price of $ 61k. There is no asset that performs as well as Bitcoin, so definitely regret it if there are people who have not invested in Bitcoin.


If you do follow the last actions that take place in regards to some corrections, Bitcoin fall and lots are saying that it

will continue but suddenly it bounce back and reached another high, possible that it will happen again and with those

many new investors who are willing to take time waiting for a much better value, going back to $10K is far at this moment.
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March 15, 2021, 06:26:41 PM
 #35

The collapse back to $10k is strongly underway.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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March 15, 2021, 09:20:37 PM
 #36

^^^^How long you are waiting for the market to go down  Tongue. I did expect a correction once the price of bitcoin crossed the old all time high valuation but then it never had any breaks and was crossing all the resistance we thought will take a long time break it was moving up without much resistance and the price touched $60k and how long do you think it will reach your expected valuation.
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March 15, 2021, 09:30:41 PM
 #37

^^^^How long you are waiting for the market to go down  Tongue. I did expect a correction once the price of bitcoin crossed the old all time high valuation but then it never had any breaks and was crossing all the resistance we thought will take a long time break it was moving up without much resistance and the price touched $60k and how long do you think it will reach your expected valuation.

This year for sure. It will then bounce around $10k a little bit, and then continue falling toward $0 as I've proven.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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March 15, 2021, 10:17:10 PM
 #38

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   Huh

I have two predictions...

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

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


Well, that's kinda fair and convincing prediction based on the past ATL records. But, I am more inclined to the belief of Btc won't be going anywhere below $15,000 as an ATL this year, and $10,000 would be the sharpest drop.
Nevertheless, Btc is still bullish for quite a long period already and everything that goes up will eventually go down. Question is, how hard will it fall?
Though, I guess it won't be that hard as everybody thinks. Big companies and names are still coming in to crypto market and that's enough reason for Bitcoin not to have the sharpest drop like in 2018.

R


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hulla
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March 15, 2021, 10:33:09 PM
 #39

What threshold will bitcoin go down this year?
Tomorrow are not promised and it hard to predict what the price of Bitcoin will be before the end of this year but I expect market blood bath between 1 or 2 weeks of the last month of this year. I spite that, it still hard to tell if the bottom price will be $10,000 but that chance for it to dump to the $10K price range is slim.

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fadhilz123
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March 15, 2021, 10:50:19 PM
 #40

is a BTC at 10k still profitable for miners ?
This is will test the mentality of the miners, Are they will out or will survive, but you should know that if miners keep mining so it's still profitable. I think miners will never sell their Bitcoin earnings if not profitable for them, so Bitcoin will never go down to the price that not profitable for miners
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