Bitcoin will never go below $50,000 again

[Kong Hey Pakboy]

 It's too early to say this in my opinion, the prices are still looming near 50k and I wouldn't assume that the prices will never go lower than 50k anymore since it is still close. Maybe if bitcoin prices maintain a certain price point for over a year or for 2 quarter, maybe then it will be safe to assume.

[Oceat]

It's too early to say this in my opinion, the prices are still looming near 50k and I wouldn't assume that the prices will never go lower than 50k anymore since it is still close. Maybe if bitcoin prices maintain a certain price point for over a year or for 2 quarter, maybe then it will be safe to assume.

OP maybe assuming if there are new large institutional investors going to join the bandwagons of large entities there's a possibility that the Bitcoin price will break a new ATH and that proves to be a strong support that Bitcoin won't be going to touch the $50k again. But of course, this is just a pure speculation so everything might happen and the possibility of breaking the strong resistance is possible if only these large institutional investors get in.

Although, if there ain't no news about of pumping about the market then expect that we are going to touch $50k again. But the market is still testing some price action so we'll have to wait for a week of months to see what's going on.

[CryptopreneurBrainboss]

That's every investors wish but that can't be bet on. You can never know how the market will rreac, to some extend the market is looking mature as it isn't getting easily manipulated unlike before but that doesn't mean it won't have some worse days that it'll seem like the bubble is about to burst.

For the past months we have been experiencing continuous growths, therefore we shouldn't expect this to last forever as it'll be more dangerous if that's the case. Some downtime are needed for the market to get new funding and this can mostly come when the corrections happens then more funds get pumped in due to FOMO as the market recover.

From the current price of bitcoin, a mere 20% to 30% market lost that happens with in a period of days would see the price of bitcoin going below $50,000 with ease. Therefore lets not get our hopes all up yet.

[ivankoh]

I've seen a lot of similar topics and usually the authors were wrong. Given the fact that a fairly high level is chosen in this topic, I think that within a year we will see how the author of this topic turns out to be wrong. If I was offered a bet, I would not even be sure about the 10k level.

I think we're fair to all of the opinions.  $ 50k with bitcoin and in the crypto market is a possibility that we all acknowledge the nature of volatility.  Economics contains this concept.  Speculation is by no means conservative but it is clear that in this year's supported trend, good seasoning has created a lot of hearty parties, it will head towards $ 100k.
Vote: YES

[Mahanton]

I've seen a lot of similar topics and usually the authors were wrong. Given the fact that a fairly high level is chosen in this topic, I think that within a year we will see how the author of this topic turns out to be wrong. If I was offered a bet, I would not even be sure about the 10k level.

I think we're fair to all of the opinions.  $ 50k with bitcoin and in the crypto market is a possibility that we all acknowledge the nature of volatility.  Economics contains this concept.  Speculation is by no means conservative but it is clear that in this year's supported trend, good seasoning has created a lot of hearty parties, it will head towards $ 100k.
Vote: YES

We can really see the probability due to those factors that do circling around when it comes to adoption and recognition which we can presume that it can really affect the market
even more on a positive manner even though that there's no guarantee on what are the things that could happen ahead but we do able to see that high possibilities and also
we arent really that far with that 100k if we would really be discussing that but we should not make ourselves in a hurry because this wont really be a smooth sailing ride.
We would play with the waves because even the market is filled out with positive news and events but it wont making a guarantee.

[NeverSop]

In 2017 bitcoin price was hit around $19k and then its price get down at around $6k. In this year bitcoin hit around $64k. That's not mean its price don't go below $50k. This can happen anytime that bitcoin Price get down below $50/$40k.

The number of institutional investors this year is huge, it is the difference in the history of bitcoin.  All are in favor of bitcoin, this trend is difficult to stop.  Institutional investors will not break their "guideline" and goals.  people agree, no one wants to oppose their organization because it creates a great motivation to create a new era together.  everything is going synchronously.

[Dewi Aries]

I think it is still possible. For me and read some people say in this forum, in crypto anything is possible. Not only bull run like now but bear trend can come anytime. That is why in crypto we should know what time to take profit before our investment back again or maybe give us losses. That is what is always on my mind for now especially at this price which is really high.

[ancafe]

looks like that, and I hope so too. however, the current price is very close to the $ 50k mark, and I think if the dump happens again, bitcoin prices could be below that. however, no one knows about the price changes in the crypto world. even the price of Doge is currently beyond people's predictions. Well, I think it's still possible to see a bitcoin price below $ 50k, but I didn't expect it.

[Poker Player]

looks like that, and I hope so too. however, the current price is very close to the $ 50k mark, and I think if the dump happens again, bitcoin prices could be below that. however, no one knows about the price changes in the crypto world. even the price of Doge is currently beyond people's predictions. Well, I think it's still possible to see a bitcoin price below $ 50k, but I didn't expect it.

Well, clearly this is the speculation section and as such, all sorts of lucubrations fit. It seems early to say that we would not go below $50k when we have been close because the weak hands have become irrationally scared. In any case it looks like it has bounced and there is no more danger at the moment.

[KTChampions]

I've seen a lot of similar topics and usually the authors were wrong. Given the fact that a fairly high level is chosen in this topic, I think that within a year we will see how the author of this topic turns out to be wrong. If I was offered a bet, I would not even be sure about the 10k level.

I think we're fair to all of the opinions.  $ 50k with bitcoin and in the crypto market is a possibility that we all acknowledge the nature of volatility.  Economics contains this concept.  Speculation is by no means conservative but it is clear that in this year's supported trend, good seasoning has created a lot of hearty parties, it will head towards $ 100k.
Vote: YES

A few hours ago, we all saw how the price can fall for no particular apparent reason  I see no reason why such a drop can occur more evenly and, for example, bring us to a price of 30k in a couple of weeks. At the same time, I should note the level of 30k will be very good for the entire ecosystem and will not interfere in any way with the further development and adoption of bitcoin.

[Wilhelm]

Somebody just tried to drop it below $50k 
Probably a whale forgetting that pesky decimal point on a market sell order...

[cryptomaniac_xxx]

I've seen a lot of similar topics and usually the authors were wrong. Given the fact that a fairly high level is chosen in this topic, I think that within a year we will see how the author of this topic turns out to be wrong. If I was offered a bet, I would not even be sure about the 10k level.

I think we're fair to all of the opinions.  $ 50k with bitcoin and in the crypto market is a possibility that we all acknowledge the nature of volatility.  Economics contains this concept.  Speculation is by no means conservative but it is clear that in this year's supported trend, good seasoning has created a lot of hearty parties, it will head towards $ 100k.
Vote: YES

A few hours ago, we all saw how the price can fall for no particular apparent reason  I see no reason why such a drop can occur more evenly and, for example, bring us to a price of 30k in a couple of weeks. At the same time, I should note the level of 30k will be very good for the entire ecosystem and will not interfere in any way with the further development and adoption of bitcoin.

Was out for almost a whole day in our time, then upon checking like 4 hours ago, it was down to $56k and I said what's the reason behind, then goes up to $57k and now to $54k. So I advise some of my buddy to buy at this very attractive price. So much for the price not going to $50k, Lol, in any case, we will see a clearer picture tomorrow as I'm sure there will be a lot of speculations for the sudden dip.

[Reatim]

Today is April 14th 2021, Bitcoin is trading at $62k - $64k today. It just spent basically two months building support around $50,000 in a very non-bull-run like fashion. This is because this bull run isn't gonna be a relatively short FOMO-driven huge peak and giant crash + crypto winter. We're at the beginning of a years-long super cycle that is gonna shoot Bitcoin from $10k up to well into the the hundreds of thousands over the next few years, with no crypto winters during that growth. Retail is calmer less FOMOy, institutions are coming in and by definition are more wary and less FOMOy, and with Covid + money printing the narrative around Bitcoin has finally evolved from speculative get rich scheme to store of value gold 2.0.

For these reasons, Bitcoin will never go below $50k again, even if we get a decent crash at some point like most people expect based on past market cycles (and yes I've been in crypto during the two big crypto winters), the bottom still won't go under $50k. Do you agree? Hit the poll!

Check this Out Budz https://coinmarketcap.com/currencies/bitcoin/

and this is the current status of Bitcoin Price $54,766.63 and continuously falling since last night.

Are we seeing Below 50k once more? Well I'm hoping because i had already saved My bitcoin before dropping to below 60k meaning there are budget to re buy when the price hits below 50k again.

Hope to happen next week and surely the next ATH will be 75,000$ soon.   

[buwaytress]

Phew, bottom on Sunday at $52k, and it's not clear if this is it. Pretty traumatic I would say for a lot of people who're just only used to seeing ATH stack upon ATH the past weeks but I wonder if it's anything to do with some poorly-understood analysis of hashrate effects this past week (yes, I'm first to admit I didn't think it was going to be bad but the mempool clog's proving it really was something of an effect).

Temporary, for sure, just how temporary is anyone's guess.

[btc_angela]

Phew, bottom on Sunday at $52k, and it's not clear if this is it. Pretty traumatic I would say for a lot of people who're just only used to seeing ATH stack upon ATH the past weeks but I wonder if it's anything to do with some poorly-understood analysis of hashrate effects this past week (yes, I'm first to admit I didn't think it was going to be bad but the mempool clog's proving it really was something of an effect).

Oh well, they are pointing about this tweet as the source of the so called dump that we are seeing right now.



https://twitter.com/Fxhedgers/status/1383611847144730626

Temporary, for sure, just how temporary is anyone's guess.

Hopefully this is just temporary, we have seen January and February with 20%++ decline and yet we bounce back and then new ATH.

Price currently at $54k++.

[dezoel]

Most of the people said they do not agree and it could go down under 50k, that is basically what the market being reasonable means. I mean we do believe in bitcoin, we buy it, we increase the price, but when it comes to crashing we full on know that it could crash as well, that is what matters to us, that is what we care about, because that is going to be the most important part for us. That is why I think it is quite important that we realize this is different than 2017.

In 2017 people were basically crazy, nowadays even though everything is going up, people are smarter, they take out their profits, they care about what is going on and they know very well that they could lose their money, some don't care and some just act accordingly. Which is why I think it is quite different this year and that is why we will probably not change anything at all, it will probably be fine this year.

[traderethereum]

Hopefully this is just temporary, we have seen January and February with 20%++ decline and yet we bounce back and then new ATH.

Price currently at $54k++.

I guess people afraid of that news. Maybe they do not want to be suspected of money laundering, but that is just my guessing and I hope that is not right.
Yes, I agree that the price will bounce back to the higher price and back to the $64k level price, and that is why we need to have patience.
Hopefully, the next week will be a good moment for bitcoin to go up, and if that can happen, the altcoin will be back increased.
I hope people can stay calm for a while and not panic about it because it will end soon and everything will be okay.
So enjoy this moment and if you see the chance to buy back or buy low and sell high, you should use that time.

[buwaytress]

Oh well, they are pointing about this tweet as the source of the so called dump that we are seeing right now.
https://twitter.com/Fxhedgers/status/1383611847144730626
===
Hopefully this is just temporary, we have seen January and February with 20%++ decline and yet we bounce back and then new ATH.

Price currently at $54k++.

Ah right, thanks for pointing that out. Almost like they were prepping that loaded gun to shoot at the markets when it was in a frenzy ha. Suppose the convergence of network presumptions and external market pressure seems to have combined nicely on Sunday.

No matter, good to get this out of the way now. We all know Bitcoin does seem to perform exceptionally well in the face of intense pressure and scrutiny.

[Rasa nanas]

it depends on how high the bitcoin price reaches the ATH. if bitcoin only hits an ATH below $ 100k, the chances of bitcoin price dropping below $ 50k are pretty big. If you understand the price of bitcoin when it reaches ATH in 2017 you will understand what I mean.

[hatshepsut93]

People say "this time is different" every bull run. I don't think that a small number of companies investing in Bitcoin means that literally every possible institution will join in this bull run. The point of investing is to buy low and sell high, and buying a volatile asset prone to bubbles at ATH and in prolonged bull run doesn't sound like "buying low".