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Author Topic: Bitcoin will drop to 20k is not time to buy btc now  (Read 836 times)
Shasha80
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April 22, 2021, 11:49:31 PM
 #41

It is common for me to find a lot of FUD when the Bitcoin price is correcting, because there are always those who want Bitcoin to fall.
But I believe the events in 2017 have made many people wiser in thinking and making decisions. Especially now that Bitcoin already
has large investors from institutions, so don't expect FUD to panic selling now. Because even if we do the analysis properly, we should
realize that there is no way the Bitcoin price will drop to the price of $ 20k again.

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April 23, 2021, 03:38:11 AM
 #42

Buying BTC now is extremly risky.This is a bubble what we see now.  Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
but is good time to buy altcoins that can make you x2-5x

I can't believe how pathetic your calculations are. Bitcoin is not a good price at $20k. I've proven this multiple times with a perfect math model using science. Bitcoin is a good price at around $100, and that's being optimistic. The price is going to crash far, far below $20k. You're far too bullish and clearly do not have a scientific model using facts.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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April 23, 2021, 04:39:04 AM
 #43

Buying BTC now is extremly risky.This is a bubble what we see now.  Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
but is good time to buy altcoins that can make you x2-5x

I can't believe how pathetic your calculations are. Bitcoin is not a good price at $20k. I've proven this multiple times with a perfect math model using science. Bitcoin is a good price at around $100, and that's being optimistic. The price is going to crash far, far below $20k. You're far too bullish and clearly do not have a scientific model using facts.


$49,788 as I write.

Tick-Tock.
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April 23, 2021, 05:36:14 AM
 #44

Buying BTC now is extremly risky.This is a bubble what we see now.  Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
but is good time to buy altcoins that can make you x2-5x

I can't believe how pathetic your calculations are. Bitcoin is not a good price at $20k. I've proven this multiple times with a perfect math model using science. Bitcoin is a good price at around $100, and that's being optimistic. The price is going to crash far, far below $20k. You're far too bullish and clearly do not have a scientific model using facts.


$49,788 as I write.

Tick-Tock.
It is going down, and now the price is at $49,4xx according to Bittrex and almost the same with Binance.
Hopefully, people do not panic seeing the price is down because that can lead the price to go down for more.
Maybe if they want to buy bitcoin, they need to be patient for a while because we do not know if the price will go up after this or it will still go down since we are on the weekend, which usually, the price make a correction.
But if the price is back to $20k, that will be the greatest moment for us to buy bitcoin after we made a big profit before buying with a big amount of bitcoin.

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April 23, 2021, 05:41:03 AM
 #45

Pretty crazy day today I must say. ETH hit a new ATH and never almost immediately reversed to $2150. Crazy price action today. I don't think this means we are entering a bear market. This happened 3 times in the past already. People are thinking its a repeat of 2018, it breaks one more time lower and then reverses and goes to a new ATH in a couple of weeks.

Market had to cool off. OI was way too high and coins like Safemoon which made people with $1000 investments into 8 figure millionaires was getting out of hand. Then there was the Coinbase event which was a buy the rumor and sell the news type of event. Lots of people got burnt this week and we need to flush out some of this leverage. Might go lower before it goes higher.

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April 23, 2021, 08:51:52 AM
 #46

The price of bitcoin has been speculated to drop to significant levels but I do not see a possibility of dropping to the 20k levels but if peradventure we see suc levels then we should face facts, there is a crash in the market as that i more than a 70 percent crash in the price and it will be a negative one.

Buying BTC now is extremly risky.This is a bubble what we see now.  Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
but is good time to buy altcoins that can make you x2-5x

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April 23, 2021, 10:54:40 AM
 #47

First of all, this should be a normal thing to happen with Bitcoin. It should not even cause a big ruckus anymore.

Bear market? Sure. Then it's a good entry point.
They say don't buy now. You don't really need to listen with anything, it's always your decision. If you had been following how the bitcoin market is really moving then it's easy to see that it will always go back to its ATH. Yes, it also means we can reach that 60k point anytime.
So, if you buy now at 49k then that means profit. Big question. When? Who knows?

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April 23, 2021, 11:09:27 AM
 #48

Buying BTC now is extremly risky.This is a bubble what we see now.  Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
but is good time to buy altcoins that can make you x2-5x

If the Bitcoin price hits 20K USD,somebody like you will say "Don't buy BTC,the price will drop to 5K USD,this is not the right time to buy."  Grin
Just stop giving investment advice and stop spreading panic.Nobody wants your opinion about Bitcoin.
Can you explain why it's a good time to buy altcoins?What altcoins do you mean?There are hundreds of altcoins.Can you be more specific?Why do you think that altcoins will make 2x-5x,since Bitcoin is going into a bear market?Altcoins will never increase their value 5x,when Bitcoin is going down.

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April 23, 2021, 12:13:04 PM
 #49


Peak of the market on 2017 was around 18k then it back down to 2k
Ahmm it's around $19k, almost $20,000.

This what happens when the price surge so quickly.
So, is that a real explanation? That's just merely comparing two different bull season with completely different reasons.

Only noob invest now on btc on peak price
This is the same statement when Btc hit $1,000 , $10,000, or even the $20,000.

But for real profits is time for alts this is my financial advice
That's a lot more riskier than just holding Bitcoin.
Go on and try riding the Doge hype.
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April 23, 2021, 06:08:27 PM
 #50

Buying BTC now is extremly risky.This is a bubble what we see now.  Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
but is good time to buy altcoins that can make you x2-5x
I have not invested in Bitcoin for so long now, because I bought earlier around $11k and I have been holding it since then, and sold some of it to get profit. The rest had been left in my wallet which I plan to sell later when I notice the market is finally crashing. Altcoins has been the only coins I have been buying for now, the good ones that I see I invest in them and also continue with the hodl, because I feel that altcoins might bubble very soon. Bitcoin we can’t tell if the bullish trend is over or not, I don’t know if it’s going to pick up again after dropping this low or not.
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April 23, 2021, 06:20:38 PM
 #51

Buying BTC now is extremly risky.This is a bubble what we see now.  Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
but is good time to buy altcoins that can make you x2-5x

You are acting as a newbie in the crypto world. There is no way bitcoin can fall to the levels of 20,000$. You may wish for this but i am afraid, that is not possible for now. At most bitcoin can drop to minimum 43K and not below that level. If it drops below 43K, then this might be the end of bull market.
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April 23, 2021, 11:18:21 PM
 #52

Buying BTC now is extremly risky.This is a bubble what we see now.  Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
but is good time to buy altcoins that can make you x2-5x

It's not a problem for me if you tried saying bad things for btc, because I have no plans yet for investing my money while it's not yet going down and experience another bear market. Somehow you do have a good point about $20k, but it's hard to figure out when will it happen. The market still showed strong dominance over btc, and most tokens with bigger potentials depends on the market value that it has.
To overcome our fears, we should keep our holdings safe and be updated when another bounce would further initiate.
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April 24, 2021, 12:41:23 AM
 #53

Buying BTC now is extremly risky.This is a bubble what we see now.  Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
but is good time to buy altcoins that can make you x2-5x

You are acting as a newbie in the crypto world. There is no way bitcoin can fall to the levels of 20,000$. You may wish for this but i am afraid, that is not possible for now. At most bitcoin can drop to minimum 43K and not below that level. If it drops below 43K, then this might be the end of bull market.

Let them acted like that, majority of us really knows that $20k won't the lowest low for bitcoin this year. We are still in a bull run market, of course we can't go on parabolic rise, and month after month we have seen the price fell significantly and then rebounded the following week with a new all time high.

Not seeing it dropping to $43k as well, it is slowly grinding towards $50k and up. The floor for this dump is $48k and not going any lower than that, unless there's another set of FUD that will scare the investors again.

R


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April 24, 2021, 09:27:14 AM
 #54

I'm pretty sure that this is just speculation being said without any background. however, I have heard that bitcoin is a bubble for a long time, but the price has continued to go up, and what's better is, many people have used it to grow until now. however, thinking like that wouldn't change the fact that bitcoin prices have now hit high prices, and even Elon Musk's classmates thought that was a useful thing. yeah, but everyone can say something. but I'm pretty sure the decline in bitcoin prices won't be that bad for now

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April 24, 2021, 09:33:51 AM
 #55

I'm pretty sure that this is just speculation being said without any background. however, I have heard that bitcoin is a bubble for a long time, but the price has continued to go up, and what's better is, many people have used it to grow until now. however, thinking like that wouldn't change the fact that bitcoin prices have now hit high prices, and even Elon Musk's classmates thought that was a useful thing. yeah, but everyone can say something. but I'm pretty sure the decline in bitcoin prices won't be that bad for now
Bubble doesn't necessarily meant that it is a failure because look at dot com bubble, it did burst but it did stay stable after that. Of course it is just a speculation. I don't think that it is the time to buy but at the same time it is good that you still have some bitcoin even when the prices are down or up because you never know what happens next.
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April 24, 2021, 11:45:06 AM
 #56

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
but is good time to buy altcoins that can make you x2-5x

While I'm a big fan of altcoins, it'll be very risky betting on them now that the market is down. A sudden bitcoin one digit correction sees altcoins dumping in their numbers with two digits losses. Best best now would be betting on bitcoin to recovery then when that becomes a success then the altcoins can come into the picture.

Don't go putting all you bets on altcoins that might disappoint as bitcoin spikes without taking most altcoins or any with it. And even though you want to go in on altcoin then it should be high market cap coins that already has the trust and fund invested in them with fundamentals and not just over hyped projects only getting attention because some rich dudes says so.

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April 24, 2021, 12:01:27 PM
 #57

Buying BTC now is extremly risky.This is a bubble what we see now.  Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
but is good time to buy altcoins that can make you x2-5x

Yeah your right its risky to buy at the moment since it looks like we can see a 30,000 level if all the support will get hit, maybe its best to hold our positions for a while and prepare to buy maybe this end or maybe next month to see if the price touch down more deeper than we expect. But if you want to trade better accumulate those cheap alts since almost all good coins now are at the bargain price so better accumulate now since most provably we can see a pump for the alts than the bitcoins now.

R


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April 24, 2021, 12:27:48 PM
 #58

Buying BTC now is extremly risky.This is a bubble what we see now.  Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
but is good time to buy altcoins that can make you x2-5x

Do you have proof or a chart that you can prove to us that Bitcoin will go down to $20k, obviously you are just creating FUDS, I thought this Bitcoin bubble thing ceases to exist after Bitcoin break and sets a new all-time high, so many newbies coming up with their analysis thinking that they are correct on what they are posting.
If you can't buy Bitcoin at  $60k then don't stop who can, and you will be forever waiting to buy Bitcoin at $20k.
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April 24, 2021, 02:53:45 PM
 #59

I do not feel any danger in buying bitcoin at the moment. It may not a good entry point, but it is still acceptable. The next big resistance is around $42000-$44000. Whales are waiting to buy bitcoin at this price. With the current momentum, if bitcoin ever hit $20000, there will be no bull run for cryptocurrency. $20000 is really really bad because it is more than 65% in a decrease from its ATH. This will affect badly the belief of investors since many of them will lose their money. We are, apparently, welcoming a lot of newcomers and they are quite confident with bitcoin since we have the power of institutional investors, and, obviously, the enormous influence of Mr.Elon Musk.

You can wait for $20k too. But I doubt that it will happen this year. Maybe in the next 2 years, bitcoin will drop to this price

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April 24, 2021, 04:01:44 PM
 #60

So many news everywhere saying that "Don't buy BTC now"
Don't try to scare us. It really looks like propaganda.

Yes, that's how these groups are working in collusion with each other to sow FUD, you can see it in every social media now, FB, Twitter, Insta..

I would say you don't need to be scare, although it's natural because this people are playing with our emotions. But this is just a test, you don't need to panic and let this be a lesson for you specially that it seems you are new in the market and haven't seen this kind of FUD before.
After the decrease in the price we have seen during the last days it is natural that people are scared but we also know that there are many influencers that try to get an advantage over people and they are trying to scare people on purpose so they can obtain benefits while they do so.

But things are different now, the person that is now part of the market and this forum is way more resistant to that kind of attack, unfortunately those that use only social media and do not use this forum to inform themselves are more likely to sell their coins for a bad price.
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