Bitcoin will never go below $50,000 again

[Natalim]

Many times that bitcoin has dump below $50k, this is not a good sign that bitcoin will reach a new ATH, but a sign that bitcoin might turn from bullish to bearish. Though it's still positive on the overall market performance as the dominance of bitcoin is decreasing, meaning altcoins are growing when bitcoin is dumping, which is a good news since money are still in the crypto space.

[1714943354]

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[1714943354]

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[LUCKMCFLY]

Good winds are blowing for BTC, it has made a good profit in a short time, I see that it is already going for + 3% and all FUD given by Elon Musk is coming to an end, many investors once supported BTC saying that they will accept BTC in their platforms like Mark Cuban, also Microestrategy bought 271BTC, this is excellent for BTC:

Bitcoin’s uptrend has been facing stiff resistance at the 100% Fibonacci extension level at $60,959.64. Although the bulls had pushed the price above this resistance, they could not sustain the breakout, indicating a lack of demand at higher levels.

Source: https://cointelegraph.com/news/price-analysis-5-14-btc-eth-bnb-doge-ada-xrp-dot-bch-ltc-uni

It is a great time to buy now, I think that if the BTC goes down you should not panic, you just have to completely trust that BTC is the best investment ...

[Quidat]

Many times that bitcoin has dump below $50k, this is not a good sign that bitcoin will reach a new ATH, but a sign that bitcoin might turn from bullish to bearish. Though it's still positive on the overall market performance as the dominance of bitcoin is decreasing, meaning altcoins are growing when bitcoin is dumping, which is a good news since money are still in the crypto space.

People should really think off about on things that happened on how bitcoin did correct itself and go into these levels where people never expect for it to be reached.
Anything could be touched down depending on the market sentiment this is why we should really be careful on making out decisions neither we should sell or buy.
Never ever put out the probabilities for the price on not to reach levels because that would just break out your anticipations which would really frustrate you.
If you can see the chance or opportunity to grab on then its up to someones choice on how he would react.

[cabron]

Many times that bitcoin has dump below $50k, this is not a good sign that bitcoin will reach a new ATH, but a sign that bitcoin might turn from bullish to bearish. Though it's still positive on the overall market performance as the dominance of bitcoin is decreasing, meaning altcoins are growing when bitcoin is dumping, which is a good news since money are still in the crypto space.

People should really think off about on things that happened on how bitcoin did correct itself and go into these levels where people never expect for it to be reached.
Anything could be touched down depending on the market sentiment this is why we should really be careful on making out decisions neither we should sell or buy.
Never ever put out the probabilities for the price on not to reach levels because that would just break out your anticipations which would really frustrate you.
If you can see the chance or opportunity to grab on then its up to someones choice on how he would react.

When altcoins are growing still despite the BTC down trending, there is a significant trust builds up that another spike to break that barrier to go up to $70K. To which the reason why we are still bullish on BTC. In fact, when there is tension around like a war is about to happen, coronavirus and FED issues the crypto market will likely to win. Although it actually dip below $50k, the market is about to burst again.

[chikading2016]

Many times that bitcoin has dump below $50k, this is not a good sign that bitcoin will reach a new ATH, but a sign that bitcoin might turn from bullish to bearish. Though it's still positive on the overall market performance as the dominance of bitcoin is decreasing, meaning altcoins are growing when bitcoin is dumping, which is a good news since money are still in the crypto space.

People should really think off about on things that happened on how bitcoin did correct itself and go into these levels where people never expect for it to be reached.
Anything could be touched down depending on the market sentiment this is why we should really be careful on making out decisions neither we should sell or buy.
Never ever put out the probabilities for the price on not to reach levels because that would just break out your anticipations which would really frustrate you.
If you can see the chance or opportunity to grab on then its up to someones choice on how he would react.

When altcoins are growing still despite the BTC down trending, there is a significant trust builds up that another spike to break that barrier to go up to $70K. To which the reason why we are still bullish on BTC. In fact, when there is tension around like a war is about to happen, coronavirus and FED issues the crypto market will likely to win. Although it actually dip below $50k, the market is about to burst again.

Yeah i see that bitcoin fall below 50k$ but it doesnt mean that we are now slowly down into dip, bull trend is still there and we can maybe expect huge rise again in the next days. I will still wait for btc to go 60k$ and make a profit on some good altcoin that is now slowly rising there are so many ways to earn on this bull trend so we need to be wise this time.

[BITCOIN4X]

When altcoins are growing still despite the BTC down trending, there is a significant trust builds up that another spike to break that barrier to go up to $70K. To which the reason why we are still bullish on BTC. In fact, when there is tension around like a war is about to happen, coronavirus and FED issues the crypto market will likely to win. Although it actually dip below $50k, the market is about to burst again.

I would not have speculated wilder about the current price of bitcoin due to the fact that since mid-April 2021 until now the bitcoin price has been in a period of decline. The highest ATH was recorded on 14 Apr 2021 $64,804.72 and has experienced a correction of -23.2%, which mean the price of bitcoin is in a downward trend in the past month.

Bitcoin is currently trading at a price of $49.7K and is still trying to cross the resistance line. I think it will require more time and support from investor and trader. There is a possibility that if the line is not broken for some time, the correction will continue.

[bitterguy28]

it's now below 50k

https://coinmarketcap.com/currencies/bitcoin/

actually the value is far down and it goes to 48,000 now.

Any expectation on when this will come back to at least 60k? no idea at all but of course I am not losing hope that the 75,000 will be break in the next months or so.

[Mahanton]

it's now below 50k

https://coinmarketcap.com/currencies/bitcoin/

actually the value is far down and it goes to 48,000 now.

Any expectation on when this will come back to at least 60k? no idea at all but of course I am not losing hope that the 75,000 will be break in the next months or so.

Bitcoin has experienced more frequent decline lately and it is estimated that the correction will continue, now that the Bitcoin price has touched the price of $ 48k, it is likely that the market price will decline again but will not pass below $ 45k.  The enthusiasm of many people still expects Bitcoin to hit rock bottom so they can buy at a low price

$45k isnt really too far off with the current price we are on at this moment so i cant really be that much confident that we wont really be getting lower with that level
but doesnt matter because i do see the price would able to held up 40k+ strong and wont able to see those 30k price wayback again unless if there would be
some negative news that would pop out then it can really trigger out for the market would be heading on that way.
Lets just make some wise move out of this correction and benefit out when the market recovers.

[DU18]

it's now below 50k

https://coinmarketcap.com/currencies/bitcoin/

actually the value is far down and it goes to 48,000 now.

Any expectation on when this will come back to at least 60k? no idea at all but of course I am not losing hope that the 75,000 will be break in the next months or so.

Bitcoin has experienced more frequent decline lately and it is estimated that the correction will continue, now that the Bitcoin price has touched the price of $ 48k, it is likely that the market price will decline again but will not pass below $ 45k.  The enthusiasm of many people still expects Bitcoin to hit rock bottom so they can buy at a low price

In the last 7 days it looks like bitcoin has gotten a lot of negative sentiment in the market so that the price movement of bitcoin is very slow and tends to decline by almost 17%, I think the words of Elon Musk, who said to stop accepting tesla purchases using Bitcoin, had a huge impact against bitcoin in the market, so that many institutional investors or large traders sell their bitcoin and as a result the price of bitcoin has decreased, but for me personally, the decline in bitcoin prices now is a good opportunity to buy bitcoin at a low price because I am very sure when there will be positive news that hit bitcoin, of course, will push the price of bitcoin back up and will probably create a new record high price.

[KTChampions]

it's now below 50k

https://coinmarketcap.com/currencies/bitcoin/

actually the value is far down and it goes to 48,000 now.

Any expectation on when this will come back to at least 60k? no idea at all but of course I am not losing hope that the 75,000 will be break in the next months or so.

A very wide range of possibilities - maybe next week or maybe in the next cycle  If we assume that the market is completely manipulated, then the whales will not give an opportunity for those who bought at prices above 55+ to get their money back. And most likely a temporary fall serves only as a bait for those who think that this is the bottom, which means that after such a small fall, a much deeper one will come.
This is a pessimistic option, but there are also optimistic ones, but we are not whales and we can only wait)

[Ziskinberg]

it's now below 50k

https://coinmarketcap.com/currencies/bitcoin/

actually the value is far down and it goes to 48,000 now.

Any expectation on when this will come back to at least 60k? no idea at all but of course I am not losing hope that the 75,000 will be break in the next months or so.

A very wide range of possibilities - maybe next week or maybe in the next cycle  If we assume that the market is completely manipulated, then the whales will not give an opportunity for those who bought at prices above 55+ to get their money back. And most likely a temporary fall serves only as a bait for those who think that this is the bottom, which means that after such a small fall, a much deeper one will come.
This is a pessimistic option, but there are also optimistic ones, but we are not whales and we can only wait)

The whales are smarter than typical traders, they don't panic, instead, they will create panic. While we are thinking that bitcoin will bounce back easily, so we will buy to accumulate, but their mind is different, they will do more dump so it would really affect our emotion and when we thought bitcoin will not anymore recover, that's where they enter to buy.

They know how people think, especially the newbie, they love FOMO and they are easily affected with FUD, hence they will usually make a bad decision and would easily panic.

[2double0]

Op must be regretting with the thinking he had then.
What looks too good to be true, always ends up in grievances and accusations and that is what we are experiencing after this unsettled loss in the percentage of gains we were having till last week, but everything has been changed now by the game changer Musk and his fellow investors who, following him blindly, sold their btc holdings too and are trying to buy doge. It is our chance to show them the power of btc community that if they can dump our markets, we can dump theirs.

[KTChampions]

A very wide range of possibilities - maybe next week or maybe in the next cycle  If we assume that the market is completely manipulated, then the whales will not give an opportunity for those who bought at prices above 55+ to get their money back. And most likely a temporary fall serves only as a bait for those who think that this is the bottom, which means that after such a small fall, a much deeper one will come.
This is a pessimistic option, but there are also optimistic ones, but we are not whales and we can only wait)

The whales are smarter than typical traders, they don't panic, instead, they will create panic. While we are thinking that bitcoin will bounce back easily, so we will buy to accumulate, but their mind is different, they will do more dump so it would really affect our emotion and when we thought bitcoin will not anymore recover, that's where they enter to buy.

They know how people think, especially the newbie, they love FOMO and they are easily affected with FUD, hence they will usually make a bad decision and would easily panic.

They are not smarter, they just have fundamentally different opportunities, even if they do not manage the market, they can make a profit when it moves in any direction, plus they can wait out "bad" times of 3-5 years,  while an ordinary investor will definitely come out at this time out of position.


By the way, it seems that soon it will be possible to search for authors of similar topics (about the levels of 50k, 40k, 30k) and ask "how are you?"   

[Kittygalore]

well, current prices are really well under $ 50k. however, the price is still very close. in fact, currently, the potential price of bitcoin could even be below $ 40k. well, the current decline is happening so fast. however, the current price is still in the range of $ 43k and is likely to fall again.

We don't know what happens next but one thing is for sure, hodling and buying more is the only key take away on this situation and I think is the most rational thing to do since panic selling isn't the smart option and will never be.

[Ziskinberg]

well, current prices are really well under $ 50k. however, the price is still very close. in fact, currently, the potential price of bitcoin could even be below $ 40k. well, the current decline is happening so fast. however, the current price is still in the range of $ 43k and is likely to fall again.

We don't know what happens next but one thing is for sure, hodling and buying more is the only key take away on this situation and I think is the most rational thing to do since panic selling isn't the smart option and will never be.

Panic selling will always happen when there's a bull run, the reason why the price is so volatile is because of panic.. whether it's selling or buying. What is happening now is panic selling, the weak hands are dumping because of the bad news and we might see more of these, and not only that, whales are also playing in action, they will dump so the price will dump more and it will continue to create panic.

[Kittygalore]

~

Panic selling will always happen when there's a bull run, the reason why the price is so volatile is because of panic.. whether it's selling or buying. What is happening now is panic selling, the weak hands are dumping because of the bad news and we might see more of these, and not only that, whales are also playing in action, they will dump so the price will dump more and it will continue to create panic.

Then thank the Gods for panic sellers because they make people like me get more profit from hodling for the long-term. I don't get how they are easily panicking over a news that never should get this big but there they are running with their tails in front.

[7788bitcoin]

Then thank the Gods for panic sellers because they make people like me get more profit from hodling for the long-term. I don't get how they are easily panicking over a news that never should get this big but there they are running with their tails in front.

You should rejoice as the market is giving you more opportunity to invest as the market is below $43k after a very long time and i would like to know what will be your entry point. I am of the belief that i am not too confident in investing at this price until the market settles down and there is no way i could predict when these institutional investors will dump their coins.

[Natalim]

Then thank the Gods for panic sellers because they make people like me get more profit from hodling for the long-term. I don't get how they are easily panicking over a news that never should get this big but there they are running with their tails in front.

You should rejoice as the market is giving you more opportunity to invest as the market is below $43k after a very long time and i would like to know what will be your entry point. I am of the belief that i am not too confident in investing at this price until the market settles down and there is no way i could predict when these institutional investors will dump their coins.

They had already dumped, the reason that we have witnessed a heavy dump which bitcoin reaches $30k in the past 24 hours. We don't know they will dump but it's pretty obvious, however, it's just a speculation for me as we all know how difficult to predict this market, it's just so very unpredictable.

Let's wait and see if bitcoin will again rise at $50k, but OP is wrong that bitcoin will never fall below $50k again as it even fall in just 24 hours to a very low price this year, and people panic.

[OgNasty]

This thread was such a perfect call of the top.  The extreme bullishness and confidence was a clear sign that a massive correction was about to wipe all the leveraged liquidity from the market.  RIP to those who got Zhoutonged and I hope lessons were learned.  There are no shortcuts in investing, at least none with a risk reward ratio that would be compelling to any normal person. 

Stop trying to get rich overnight with a few dollars.  It never ends well.  Building wealth takes decades and a great deal of sticking with your plan.  Most people give up before they find success, which is why you need to do something you love.  Only doing something you truly love will save you from capitulating during the worst time and giving up. 

[KTChampions]

~
By the way, it seems that soon it will be possible to search for authors of similar topics (about the levels of 50k, 40k, 30k) and ask "how are you?"   

The first two goals are met, but we can say that the third was very close to being achieved 
Surprisingly, many of my acquaintances were optimistic about this collapse and increased their positions, it turns out that the market sentiment is still bullish - which means that the danger of a subsequent collapse is very high. The market likes to punish risk and optimism.