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Author Topic: Bitcoin back to $ 10,000?  (Read 833 times)
Smitty Werben Man Jensen
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March 15, 2021, 11:41:54 PM
 #41

for now $ 10k will not be easy to achieve !, yes even though i know about the very high volatility in cryptocurrencies it makes people think that $ 10k will be reached again, but for me $ 10k is a very cheap price at the moment, keep in mind that demand is getting more and more, then what happens?
of course the price will go up !, and it will be hard to go down, if you think $ 10k is a good price to buy again this year, then you will miss the moon!

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March 16, 2021, 05:33:17 AM
 #42

for now $ 10k will not be easy to achieve !, yes even though i know about the very high volatility in cryptocurrencies it makes people think that $ 10k will be reached again, but for me $ 10k is a very cheap price at the moment, keep in mind that demand is getting more and more, then what happens?
Maybe it will be the other way around if Grayscale and Microstrategy choose to step back from this space and secure their profit so far. This strategy will probably be the thing that bitcoin holder fear the most in the long term even though the market will recover once support come. Do you know how whales play in the market?

But fortunately there are currently no signs of such a strategy emerging. At least it can still be estimated that price will rise again. Scarcity, circulation, adoption and trust have made bitcoin the most desirable asset among small, medium and high level investor.
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March 16, 2021, 06:06:38 AM
 #43

for now $ 10k will not be easy to achieve !, yes even though i know about the very high volatility in cryptocurrencies it makes people think that $ 10k will be reached again, but for me $ 10k is a very cheap price at the moment, keep in mind that demand is getting more and more, then what happens?
Maybe it will be the other way around if Grayscale and Microstrategy choose to step back from this space and secure their profit so far. This strategy will probably be the thing that bitcoin holder fear the most in the long term even though the market will recover once support come. Do you know how whales play in the market?

But fortunately there are currently no signs of such a strategy emerging. At least it can still be estimated that price will rise again. Scarcity, circulation, adoption and trust have made bitcoin the most desirable asset among small, medium and high level investor.

If I've understood correctly Grayscale can not sell their coins. And anyone who has listened to Michael Saylor for the past several months, knows that he isn't selling either.
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March 16, 2021, 11:55:57 PM
 #44

The First rule in cryptocurrency is unpredictable, so anything can happen. But logically drop until $10K i think this not possible anymore. In December or January, we will see the real ATH of Bitcoin, and after that massive correction will follow it, Even with a massive correction drop until 10K is impossible.. But the rules No1 can happen anytime

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March 17, 2021, 12:22:28 AM
 #45

When the stimulus stops later this year, there will be a pullback. It can easily go back down to $10k for a short period of time but unless we are reading EVERYTHING in the market wrong, large amounts of buys will keep coming throughout the year and beyond from institutions which will only make the price go up.

PayPal, Square, Tesla, Micro Strategy are not going to sell anytime soon. We are looking at going above $100k soon and never coming back down below that again when this year is out. Institutions like to HODL.
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March 17, 2021, 01:09:17 AM
 #46

What threshold will bitcoin go down this year?
Your Very First Post in this account is this

Hello, i think going to 20k-15k because maked to much for dis year !

Seemingly you are trying to predict a Bearish market from the start

Then followed by this

When a correction happens, a lot of people will lose and Bitcoin will WIN! Doesn't it seem strange to you that no one wants money and wants bitcoin? then why does bitcoin value matter?

I was wondering why So much negative about Bitcoin ? so you created that Alt account just to create FUD?

None of your posts seems to support bitcoin anyway.

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March 17, 2021, 01:50:03 AM
 #47

Everyone thinks 20k I reckon, round number and very close to the last high.   To lose more then that would probably surprise many people and lead to multiple years leading into the next halvening even where price didnt make a new high.   What probably happens is some big sell but 20k or higher and then a new higher after that which none the less will shake out many longs and leveraged speculators.

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March 17, 2021, 02:16:37 AM
 #48

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

Every bitcoin that is being mine is still profitable for the miners, they have invested a lot of money, so I doubt that they are not making any profits even at $10,000.

And just like the rest of the members here, I doubt that we are going to see $10,000, that's more than half of the current price. But in any case that a shakedown like that happens in the future, it will be the biggest opportunity after March of last year.

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March 17, 2021, 04:57:29 AM
 #49

What threshold will bitcoin go down this year?
That is the kind of question of which everyone in the forum would like to have the answer, if we knew when the bottom will be reached and how low it will go then you could invest all your money at that level and earn a fortune in the process as it will be impossible for you to lose any money, but this is unrealistic, what we need to do is either to keep holding our coins and if you are a trader to keep watching the markets attentively as the next days are going to be critical.
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March 17, 2021, 06:23:55 AM
 #50

I do not have an idea how low bitcoin prices will go down shortly. After what we see on the bitcoin price that can reach $61k-$62k, I guess that any lowest price can happen, especially if people panic when they see the price is down faster than expected. But to go down to $10k, I think that will not be easy to see because with the high price now, maybe the lowest of the bitcoin price can be $20k. But we really do not know about that, and we will see many speculations about the lowest price of bitcoin.

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March 17, 2021, 07:46:54 AM
 #51

It would be amazing if someone can predict that accurately.  Grin

10k is too far by now.
I think there is so much reason about why it won't go back to that number again.
Institutional investors and big companies already holding it. I doubt they will sell in a rush. Minimum will be 5 years before they might start dumping it.
Elon Musk has his shares too and I don't think he is the type to just sell it because there is no need for it just yet.

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March 17, 2021, 09:17:03 AM
 #52

Even if it's at its worst, $10000 is still a low price.
I don't think we'll ever be able to buy bitcoins below $20000 this year. 
But forget about this, think about what the next ATH price will be.
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March 17, 2021, 09:24:44 AM
 #53

The last time that we saw Bitcoin near at that price is at October 2020.
Predicting the market really is hard but this time, there is no prediction because this will really happen. Bitcoin @$10,000 will never ever happen anymore Smiley.

We have given the last opportunity to buy Bitcoin at that price last year and all who took the risk and took the opportunity at that time are the ones who are happy with their profits right now. We already know what happened next right Smiley. Bitcoin back to $ 10,000? Forget about it, it will not happen knowing that the adoption is increasing. Institutions coming in and more and more people are investing into it already.

We might be wrong though saying that it will not happen Cheesy. Kidding I'm pretty sure about it

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March 17, 2021, 10:46:01 AM
 #54

What threshold will bitcoin go down this year?

With the amount of institutions coming into Cryptos, I dont think we see BTCUSD dropping so far deep down.
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March 17, 2021, 01:54:10 PM
 #55

It would be amazing if someone can predict that accurately.  Grin
I've found no one...

Quote
10k is too far by now.
I think there is so much reason about why it won't go back to that number again.
Institutional investors and big companies already holding it. I doubt they will sell in a rush. Minimum will be 5 years before they might start dumping it.
Elon Musk has his shares too and I don't think he is the type to just sell it because there is no need for it just yet.
As the market demand keeps moving high due to the increased number of users, there is only a slim chance that we got too deep again, and yes, $10k is also impossible. If ever there is a huge dump in the coming days, I don't think it goes below $20k.

I saw the sustainable market gain and this makes the price doesn't fall bad compared to the previous bear season.

R


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March 17, 2021, 06:04:10 PM
 #56

As the market demand keeps moving high due to the increased number of users, there is only a slim chance that we got too deep again, and yes, $10k is also impossible. If ever there is a huge dump in the coming days, I don't think it goes below $20k.

I saw the sustainable market gain and this makes the price doesn't fall bad compared to the previous bear season.

I wouldn't exactly say impossible, but very unlikely.
I am recommending anyone who has not invested in crypto as of yet to first learn the basics of the ecosystem and understand that nothing can be said about the long term performance of coins or the market.

Furthermore, I think there is more hype here than the market can take at this point in time. No matter what comes up, I don't think price will move to $10k.

R


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March 17, 2021, 06:09:27 PM
 #57

Bitcoin is never going back to $10,000. The sooner all the bear trolls accept it the better. We are going to over $100,000 this year & there’s not a damn thing anybody can do about it.

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March 17, 2021, 06:41:32 PM
 #58

The last time that we saw Bitcoin near at that price is at October 2020.
Predicting the market really is hard but this time, there is no prediction because this will really happen. Bitcoin @$10,000 will never ever happen anymore Smiley.

We have given the last opportunity to buy Bitcoin at that price last year and all who took the risk and took the opportunity at that time are the ones who are happy with their profits right now. We already know what happened next right Smiley. Bitcoin back to $ 10,000? Forget about it, it will not happen knowing that the adoption is increasing. Institutions coming in and more and more people are investing into it already.

We might be wrong though saying that it will not happen Cheesy. Kidding I'm pretty sure about it
I can't say that it will "never ever" happen, but I do agree that it is as unlikely as it gets. Never say never in crypto world because anything could happen, you want to doubt bitcoin would never be under 1000 dollars again? How about if satoshi comes up and says who he is, sells the 1 million coins he owns, and then gets either jailed or flees to another country whichever takes him with a promise of not hurting him?

You know that it is unlikely and "near" impossible for something like that to happen but the reality is that it is not impossible, we can't guarantee something like that unless we are satoshi himself, hell even he can't promise that, only if he is already dead which some claims to be true, but we do not know for sure. So long story short I know 10k is near impossible right now but it is not technically impossible, I think 20k+ is guaranteed for now.

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March 17, 2021, 08:25:55 PM
 #59

What threshold will bitcoin go down this year?
No one is ever believing that we would really be going that low.Imagine that $10k price drop then there is really something that do happen in the market
which it did result into such crash because going back from 57k down to 10k isnt something that you wont really be panicking about.

No one could ever predict on what would happen in the upcoming years to come and when it comes to price prediction.All the things we can do is to presume
and speculate which is common.

Why would really be asking that out? Better to focus on what we are experiencing now.

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March 17, 2021, 10:23:26 PM
 #60

What threshold will bitcoin go down this year?

Bitcoin's strongest support is not at $ 10k, so it won't go down there mate, but $ 20k could go down on that support,
provided Bitcoin is really in bear season, but this is just reading support, so far as I am know Bitcoin is still showing its bullish signal,
if it can break out above $ 100k, I think $ 10k or $ 20k is just a dream for buyers, haha very interesting to follow.

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