Bitcoin back to $ 10,000?

[elisabetheva]

It will be very unfortunate if this really happens, some strong hands and institution support this Bitcoin rally.

As long as we hold above $45,000 everything looks very strong to me, we already faced couple of correction but until now BTC survive.

So, I'm not sure if we're going to correct that point. I HODL most of the time for the long term, so don't care anything.

very correct view from you, the trust that we have should not be influenced by anyone. If we believe that this year is the year of increasing bitcoin, then what we have entrusted us must continue to do. holding bitcoin at this point is the best choice of all options. because the correction made by bitcoin is only temporary and will bounce back. keep your spirit up to maintain it.

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[Rana590]

The market value of Bitcoin is now at a good level.  Bitcoin prices will continue to rise day by day.  In a few days, the price of Bitcoin will go down, but gradually it will continue to run towards a large amount.  But if Bitcoin starts to drop, I don't think its price will come down below 30k anymore.

[arufox]

What threshold will bitcoin go down this year?

Actually, I don't believe bitcoin can go down to 10K, but still possible. 10K is the worst scenario of Bitcoin. And I don't happy if Bitcoin down to $10K because institutions will buy a huge bag and will make Bitcoin centralized, This year is year of determination, is Bitcoin will still decentralized or become half centralized

[kawetsriyanto]

I don't believe bitcoin can go down to 10K, but still possible. 10K is the worst scenario of Bitcoin.

Everything is possible, but if we consider the current situation in Bitcoin, it is unlikely to go below $10,000. The crypto market and its users are already mature enough, it is not the same as the previous seasons. Now Bitcoin is legal in many countries, at least it can be a digital asset. Also, many popular people and big companies try their luck as well in the crypto market. So, it is a strong signal that crypto market changes a bit, then the ATL maybe not the same scheme as before.  

[Wawa2013]

With many institutions investing in Bitcoin and many merchants starting to accept Bitcoin payments. And there is much more positive news
regarding Bitcoin, I am sure Bitcoin will not fall back to the price of $ 10k for at least this year. Even from March until now Bitcoin has always
been above the price of $ 50k, this shows the price of Bitcoin which has a very strong support price of $ 50k. So it is very safe in my opinion
investing in Bitcoin this year, but just in case there is nothing wrong with using the stop-loss feature. So if the Bitcoin price suddenly drops
drastically we will not experience big losses.

[Distinctin]

I think this is impossible. Bitcoin never returns back to dip price it tested in former rallies. I would expect bitcoin to drop somewhere around 25000 maybe but not anything below that level. Bitcoin is very popular all around the world now so noone would allow it drop that levels anymore.

No, it's never impossible, just look what happen before, if we are in the same situation last 2017 where its bull run and bitcoin reach close to $20k and we are ask if it could dump below $4k, of course the answer is impossible, but it did happen, bitcoin dump that low, therefore the possibility is always present.

Just a sample.
$20k to $4k./.. 20% of its ATH
$60k to $10k 16.67% of its ATH.

The figure is not far.