Bitcoin will never go below $50,000 again

[KTChampions]

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.

You need to re-read the topic first and see how quickly something happened that the author of the topic assessed as an incredible event. I think the same can happen with the level of 30k or even 20k (in the case of some kind of force majeure). Bitcoin is still a very volatile currency and highly dependent on external factors, so we must be prepared for the most unexpected prices.

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[Hippocrypto]

More doubts will come in our minds as bitcoin kepts struggling to support the resistance of $48k-$50k. Because as of this moment on latest market updates btc tends to be bearish. Most altcoins that relies from it's market went down, though many holders still managed to be strong enough and controls their emotion but it can't be denied they've been affected so much.
It's very important that we should monitor the current market and avoid rush decisions, we might not know there's a big waves of pump coming.

[STT]

Never should be a swear word lest we forget the bad temper markets assume when told you cant do this.   If theres a more profitable trade to take downwards then up, if on balance gravity is the more consistent force to consider then why wouldnt we return to lower prices when we know some can make money in either direction and will always take the profit from any trade available.

[South Park]

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.

People need to stop wondering and at some point they have to jump the gun, almost no one buys any asset at the optimal price they could have done so, the best moment to buy was after the crash we suffered on March during last year, but except for the whales who bought at that price? Everyone was too afraid due to the crash and the pandemic and lockdowns we were going through to buy bitcoin, the crash that we saw a few days ago was the perfect opportunity to buy as I do not see the bears pushing the price lower than what we saw during those fays.

[proudhon]

Heading back down toward $50k again, which is mathematically predictable. Will soon be permanently below $50k as I've confirmed.

[dunfida]

Never go below 50k or would go, it doesnt really matter because i do just simply do all the things according to  the current situation im into. Dont anticipate for final numbers
because there would always be a chance that it could go below those numbers that had been speculated.Take a look with  that recent drop, it did go below 50k but
luckily it did able to held up strong and now we are playing around 50k+ range which might possibly able to break out 60k in some time.Lets just not make our
hopes up that high because it will just frustrate us when the price hadnt met our expectations.

[rahmatrf331]

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.

Yes, bitcoin will be the top of all coins. bitcoin despite the downturn will still stay above $ 50,000. This token has strong support, it is actually a benchmark against other tokens. Bitcoin will be very influential in the digital world or crypto platform.

On the other hand, bitcoin is still a very volatile currency and relies heavily on external factors, as investors must be prepared to face the most unexpected prices.

[ecnalubma]

Crypto market is wild and prone to manipulation theres a possibility that Bitcoin price might drop below $50,000 or deeper but not going down to 5 digits probably now that its more stable than before. These huge gains could be wipe out soon if the bear market takes over better to prepare.

[inoes]

Unfortunately BTC dropped 47k $ effect from a massive sale on Coinbase. but due to the strong support even though it touched 57k $ Bitcoin immediately made a recovery. and it is proven that to this day altcoins can even party.
note: bake, sol, tko, bnb etc.

[STT]

Permanently below 50k is too big a call but another requirement for lower prices and higher volume confirmation seems quite likely to me.   We certainly have ongoing hesitancy

We're back below 2 day, weekly and 50 day average again though it can recover it overnight I wonder what will it take to break a range and move on from here in some significant way.   My personal take of the lows that it did not resolve the bearish case for the rest of the year so I expect more but also new highs are possible.

[pooya87]

and it is proven that to this day altcoins can even party.
note: bake, sol, tko, bnb etc.

You mean shitcoins can pump.
That's normal and the altcoin market has always been behaving like this for as long as I have been around. Each time bitcoin is stuck in a sideways action (that is going from $57k to $53k and back up to $57k again) the day traders move their funds to the shitcoin market and start pump and dumping them to increase their capital while bitcoin is getting ready for the next leg up.
That is why as soon as bitcoin breaks $60k the streets will be painted by altcoin bloods.

[Dr.Osh]

Crypto market is wild and prone to manipulation theres a possibility that Bitcoin price might drop below $50,000 or deeper but not going down to 5 digits probably now that its more stable than before. These huge gains could be wipe out soon if the bear market takes over better to prepare.

In fact, the volatile level of bitcoin is very large, there is still a high chance that the price of bitcoin can fall and stabilize below the price of $ 50k, as happened a few days ago when the price of bitcoin was again below $ 50k. luckily, bitcoin price has stabilized over $ 50k at the moment. well, just as the price can go up a lot, it can go down too. we don't know what the future holds. I just hope the bitcoin price goes higher soon.

[LUCKMCFLY]

For now in the short term I do not think it will fall below $ 50k, there are many opinions and technical analysis that talk about the movement of Bitcoin, the bulls have pushed the price to keep the price above $ 50k, based on what is expected by Part of the S2F model is that the bullish trend is activated at any time, however in this short-term analysis they show the following:

It is now facing resistance near the $56,500 level and the 100 hourly simple moving average. The next resistance sits near the $56,800 level. It is close to the 50% Fib retracement level of the recent decline from the $58,418 high to $55,294 low.

Source: https://www.newsbtc.com/analysis/btc/bitcoin-holds-key-support-55k/

[rahmatrf331]

For now in the short term I do not think it will fall below $ 50k, there are many opinions and technical analysis that talk about the movement of Bitcoin, the bulls have pushed the price to keep the price above $ 50k, based on what is expected by Part of the S2F model is that the bullish trend is activated at any time, however in this short-term analysis they show the following:

It is now facing resistance near the $56,500 level and the 100 hourly simple moving average. The next resistance sits near the $56,800 level. It is close to the 50% Fib retracement level of the recent decline from the $58,418 high to $55,294 low.

Source: https://www.newsbtc.com/analysis/btc/bitcoin-holds-key-support-55k/

When viewed on the web that you attached, bitcoin is currently in one hand being tested to reach a higher price, but if the test is not fulfilled or it fails, the possibility of bitcoin will go down. BTC formed a short-term peak near the $ 58,500 level and recently BTC started moving downwards. looks like there are big sales under $ 57,000.

[Kemarit]

^^ The big sale happen like 7-8 hours ago, when the price hits its peaked at $59,xxx.

So I guess that will be the big barrier for now, but I would say that it's a normal movement, $59,xxx sell off, going down a bit and then it will try to break that number and move to $60,000. So still, we are in the bullish phase. The exponential growth though might slow down as we are entering $70,000 and above.

[zanezane]

Too early to say that bitcoin is going to be dipping back to 50k again if it is lying in between 60k and 50k, maybe when we finally reach the 80k threshold, we might be able to ascertain that bitcoin won't go down to 50k again.

[rhodelmabanal]

Too early to say that bitcoin is going to be dipping back to 50k again if it is lying in between 60k and 50k, maybe when we finally reach the 80k threshold, we might be able to ascertain that bitcoin won't go down to 50k again.

Bitcoin will maybe go below 50k$ but not this year, i saw that the price movement is in favor of rising than dropping because everytime that bitcoin drop it always recover in the next few days or weeks, and it always bounce back with greater value so i think it will never fall below 50k$ this year.

[peter0425]

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!

Obviously the poll is correct , it is a NO ...

because Bitcoin fell down to 40k Level last week and there is a tension that this may fell down to 30k level badly.

[Febo]

Bitcoin will maybe go below 50k$ but not this year,  ...

I think you are very right here. Net cycle bear market will bottom right around $50k price market so very patient traders will be able to buy Bitcoin at $50k about two years from now. Of course $50k Bitcoin then will be a big doom and gloom.

[Pierre 2]

It is very hard for me to predict exact numbers for bitcoin under influence of bear market. Currently bull market is so strong there are noone with hopelessness about future. But I lived through bear market and it makes people think differently. Never underestimate human psychology. I think it won't drop below 20000-25000 ever, but 50000 is nothing. It will definitely go around 40000s easily.