Bitcoin will never go below $50,000 again

[posi]

It funny how some cryptocurrency enthusiasts predicted what will happen in the crypto market in the future through the current bullish market happening when everything is going up simultaneously whereas the volatility in nature of the market can pose any momentum without any problems.
The word Bitcoin will never fo below $50,000 proved to be false by the current market price.
Please let's wake up to the reality next time.

[1714823096]

1714823096

[1714823096]

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[BITCOIN4X]

It funny how some cryptocurrency enthusiasts predicted what will happen in the crypto market in the future through the current bullish market happening when everything is going up simultaneously whereas the volatility in nature of the market can pose any momentum without any problems.
The word Bitcoin will never fo below $50,000 proved to be false by the current market price.
Please let's wake up to the reality next time.

Everyone here doesn't have a crystal ball so they can never predict exactly what will happen in the future regarding the price of bitcoin. Also we have seen that a lot of technical analysis can still go wrong because basically no prediction is always right even though some of them can be done well. Bitcoin and other altcoin are asset whose price are determined by supply and demand, therefore it is still possible to see them wrong with what had been predicted.

We definitely look forward to the market to recover soon and the bullish will continue. But today we have another fact that even though the support from institutional investor is quite large, they will also not be able to withstand the wave of trader panic.

[Fredomago]

It funny how some cryptocurrency enthusiasts predicted what will happen in the crypto market in the future through the current bullish market happening when everything is going up simultaneously whereas the volatility in nature of the market can pose any momentum without any problems.
The word Bitcoin will never fo below $50,000 proved to be false by the current market price.
Please let's wake up to the reality next time.

Everyone here doesn't have a crystal ball so they can never predict exactly what will happen in the future regarding the price of bitcoin. Also we have seen that a lot of technical analysis can still go wrong because basically no prediction is always right even though some of them can be done well. Bitcoin and other altcoin are asset whose price are determined by supply and demand, therefore it is still possible to see them wrong with what had been predicted.

We definitely look forward to the market to recover soon and the bullish will continue. But today we have another fact that even though the support from institutional investor is quite large, they will also not be able to withstand the wave of trader panic.

Or maybe they are riding with it to catch more cheaper coins from the market. Institutional investors are good in terms of riding with the waves of any trends,

If they seen potentials they'll grab the opportunities right way, it's really hard to say what will be the fate of your investment, like what you have mentioned no one have an accurate predictions even technical analysis can go wrong.

Your knowledge will keep you away from losing most of your assets, you got to trust your  own assessment,.

[Stedsm]

Or maybe they are riding with it to catch more cheaper coins from the market. Institutional investors are good in terms of riding with the waves of any trends,

If they seen potentials they'll grab the opportunities right way,
--snip--

I believe that this small downtrend was long awaited and the whales are possibly selling their BTCs so to get out at peak (as this may be high for them) and maybe the Institutional investors are not the reason for this dump. But what if those institutional investors only are selling hard in order to safeguard their assets before huge capital gains taxes will be levied on them as promised by Biden? Don't you think it as a major reason behind this dump?

[Marvelman]

But what if those institutional investors only are selling hard in order to safeguard their assets before huge capital gains taxes will be levied on them as promised by Biden? Don't you think it as a major reason behind this dump?

Well you know how they say: It ain't over till the fat lady sings!
I don't think we've heard the fat lady, yet.

[FinneysTrueVision]

It always seemed possible to me and now we have seen it become reality. When bitcoin reached $20k in 2017 we saw it lose more than half of it's value afterward. After hitting new all time highs in 2021 I expected to eventually see a big crash. It might not be as big as in 2017 but I still thought it would be enough to go below $50k. It wouldn't shock me if we saw it go to $40k either.

[dark1234]

we all know the price of bitcoin year after year, after some bounce happens in the next few months bitcoin loses half the price and this will probably happen and we can't stop it and maybe it will fall below 50k $ and we have to be able to go with this flow so it doesn't too steep

[molsewid]

It always seemed possible to me and now we have seen it become reality. When bitcoin reached $20k in 2017 we saw it lose more than half of it's value afterward. After hitting new all time highs in 2021 I expected to eventually see a big crash. It might not be as big as in 2017 but I still thought it would be enough to go below $50k. It wouldn't shock me if we saw it go to $40k either.

Actually I am believing that bitcoin will not going down at $50000 because i know based on my research and observation bitcoin was established and can maintain the high demand especially on continue of rising of investors buf then it shows up it was happening already because bitcoin now was already $49,000+. I may now believing that the cryptocurrency market was approaching or maybe in the start of bear market.

[Torque]

Bitcoin will 100% definitely go below $50,000 again. I've confirmed this multiple times.

Bear troll Proudhon, you win this round.  

Confirmed.

[AllGoodNamesAreTaken]

Did not age well!

[posi]

It funny how some cryptocurrency enthusiasts predicted what will happen in the crypto market in the future through the current bullish market happening when everything is going up simultaneously whereas the volatility in nature of the market can pose any momentum without any problems.
The word Bitcoin will never fo below $50,000 proved to be false by the current market price.
Please let's wake up to the reality next time.

Everyone here doesn't have a crystal ball so they can never predict exactly what will happen in the future regarding the price of bitcoin. Also we have seen that a lot of technical analysis can still go wrong because basically no prediction is always right even though some of them can be done well. Bitcoin and other altcoin are asset whose price are determined by supply and demand, therefore it is still possible to see them wrong with what had been predicted.

We definitely look forward to the market to recover soon and the bullish will continue. But today we have another fact that even though the support from institutional investor is quite large, they will also not be able to withstand the wave of trader panic.

Or maybe they are riding with it to catch more cheaper coins from the market. Institutional investors are good in terms of riding with the waves of any trends,

If they seen potentials they'll grab the opportunities right way, it's really hard to say what will be the fate of your investment, like what you have mentioned no one have an accurate predictions even technical analysis can go wrong.

Your knowledge will keep you away from losing most of your assets, you got to trust your  own assessment,.

Institutional investors are indeed good in riding with the trend of any market they invested but cryptocurrency is totally different from every other setting of investment due to the risk involved that's the reason why the institutional investors can withstand the wave of panic traders though they will grab every opportunity they see but they still can't withstand trader panic.

[wheelz1200]

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!

Lol this post only a week or so in didn't age well.  Listen if anything has been learned in the last 10-11 years is that people can never so it won't do this or that because most likely its broken each one of those predictions.  Large spikes and large falls thats how bitcoin rolls at least for now.

[Twinkledoe]

It always seemed possible to me and now we have seen it become reality. When bitcoin reached $20k in 2017 we saw it lose more than half of it's value afterward. After hitting new all time highs in 2021 I expected to eventually see a big crash. It might not be as big as in 2017 but I still thought it would be enough to go below $50k. It wouldn't shock me if we saw it go to $40k either.

Actually I am believing that bitcoin will not going down at $50000 because i know based on my research and observation bitcoin was established and can maintain the high demand especially on continue of rising of investors buf then it shows up it was happening already because bitcoin now was already $49,000+. I may now believing that the cryptocurrency market was approaching or maybe in the start of bear market.

Bitcoin may drop its price below 50k, but as we have seen, it is bouncing to 50k again. It shows that it has strong support in this level. But the title of the OP has been broken already. But I believe this year, we will not see a massive drop as the support of institutions and companies are way stronger than in the previous years. Maybe, some of them are secretly buying in this dip.

[Farma]

Bitcoin will 100% definitely go below $50,000 again. I've confirmed this multiple times.

Bear troll Proudhon, you win this round.  

Confirmed.

when the price of bitcoin was still at $ 60k, many felt that the increase would continue. however, many people do not take into account the price correction. well, basically bitcoin price is still really close to $ 50k. So, it is only natural when we look at the price of bitcoin to be below that for now. maybe after this the price of bitcoin will rise again to be higher.

[South Park]

I consider what happens with the news and the movement of bitcoin is still normal, because every time there is an increase there must be a decrease, even though I think the decline in bitcoin prices will not exceed 50k.
and besides that every time there is good news about bitcoin there is also bad news that will come, and things like that will definitely be everywhere and with anyone no one is perfect, and how we respond wisely and intelligently.

And it is normal, it is likely that those that are complaining about bitcoin not growing and going down in price have been here for a relatively short amount of time and they have never seen bitcoin doing anything like this and that is why they are afraid about what it is happening, but for all of us that have been in this market for years we know this is just the way bitcoin moves and we just accept it even if we do not particularly like it.

[noorman0]

Now that has happened, and make sure you are getting some at this deep discount. Don't let some inferior questions like <$40k or <$20k haunt your mind. You will never have the opportunity to get it at a lower price.

[Asuspawer09]

It just goes below 50k$ in the past days and probably a lot of investors are already expecting a drop because bitcoin was pumping recently and making a new ATH in the market.

But still, the gains were still so high if you look at the chart of bitcoin, and bitcoin price is so volatile when it skyrockets because we could expect investors to take profit when the price is so high.

A safe price I think is 40k$ up because we can clearly see a lot of resistance around 49k$ in the market so probably when it goes below 40k$ a lot of investors are already panicking.

[usekevin]

Now that has happened, and make sure you are getting some at this deep discount. Don't let some inferior questions like <$40k or <$20k haunt your mind. You will never have the opportunity to get it at a lower price.

Many people had a doubt about this. After the price down to 48k above market, it was criticised to reach a bottom of 40k. But with a huge struggle the price of bitcoin not get below the 45k. From my point, this one as a achievement. Most of the altcoin price reduced to 10$ from 100$ in a short period. But struggling with a huge challenge is made the bitcoin as a king.

[jostorres]

Now that has happened, and make sure you are getting some at this deep discount. Don't let some inferior questions like <$40k or <$20k haunt your mind. You will never have the opportunity to get it at a lower price.

You are right; I'm also seeing lots of people are asking such questions about having bitcoin prices below $30k level; in my opinion as well there will be no possibilities for that happening because even what we are having right now is highly unexpected and non-technical supported because it is time for bitcoin to be testing $70k levels but it is doing right now below $50k levels. Hence, expecting further low to happen really sounds like too greedy for cheaper bitcoins.

Right now, what we should need to do is, making use of currently available dips rather than keep waiting for more dips to happen.

[Hamphser]

Now that has happened, and make sure you are getting some at this deep discount. Don't let some inferior questions like <$40k or <$20k haunt your mind. You will never have the opportunity to get it at a lower price.

Many people had a doubt about this. After the price down to 48k above market, it was criticised to reach a bottom of 40k. But with a huge struggle the price of bitcoin not get below the 45k. From my point, this one as a achievement. Most of the altcoin price reduced to 10$ from 100$ in a short period. But struggling with a huge challenge is made the bitcoin as a king.

Bitcoin would always be the king and i cant think that it would be replaced soon into its top spot.Its usual for people to have that kind of behavior where they do changed up their
words on what the current condition they are experiencing.

For now we are sitting around 49k which is playing between 50k price point which is totally really hard to tell on whats the possible next movement because
it is moving sideways now.

Going below 50k or even 40k will likely to happen if we do see some continous fall but it didnt happen but instead it do able to held up strong on this support.