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Question: Can bitcoin prices bounce back?
Yes
No
Buy the dip and hold
Market is crashing get out
Prices will stay at current levels

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Author Topic: 🛑 Can bitcoin prices bounce back? Opinion Poll With Results 🛑  (Read 356 times)
Swag242 (OP)
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April 23, 2021, 01:18:54 PM
 #1

Bitcoin seems to be trending going down lately. Do you have an argument for its comeback, leave a comment.
cryptoperkele
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April 23, 2021, 01:47:07 PM
 #2

Bitcoin seems to be trending going down lately. Do you have an argument for its comeback, leave a comment.

Price seems to follow 4 year cycles. We should be fine but i have to admit that more money betting on it more scarier these dips are. Especially if you are all in it can be furstrating and scary. Ihmo it doesn't hurt to have some stable coins lying around for any opportunities like this.

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April 23, 2021, 01:48:34 PM
 #3

It always has come back. It will continue to do so.

Are you trying to suggest that for all of time the bitcoin price will NEVER again exceed $60,000?  That's got to be about the silliest thing I've heard today.  This entire thread is just a bunch of clowns running in circles.
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April 23, 2021, 01:52:08 PM
 #4

Bitcoin seems to be trending going down lately. Do you have an argument for its comeback, leave a comment.

A better question is, do you have an argument for it to NOT comeback? A lot of us here know the importance of a peer-to-peer, trustless, scarce, and decentralized currency hence why we simply just buy and hold.

Also taking note that price drops are nothing new, and it would take just looking at the price chart for 30 seconds to realize that.

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matan
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April 23, 2021, 01:54:33 PM
 #5

This happens every time, so there's no reason to worry.
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April 23, 2021, 02:16:39 PM
 #6

This is not a reason to worry because the demand for Bitcoin is low in the current market so Bitcoin is decreasing and when the demand for Bitcoin in the market is increasing then Bitcoin will continue to grow again.The current bitcoin costs 49k dollars...
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April 23, 2021, 02:21:20 PM
 #7

I don't get the point of this thread, I am pretty sure that if you look at the overtime performance of bitcoin over the years, I am pretty sure that it will answer the question as to whether bitcoin prices is going to bounce back. The only question that matters is whether did you bought bitcoin now or currently hodling sone amount because you are going to profit when the prices bounce back.

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April 23, 2021, 02:28:26 PM
 #8

Bitcoin seems to be trending going down lately. Do you have an argument for its comeback, leave a comment.
It is true the price has been going down lately but the reason why I do not expect a crash as big as the one we saw in 2017 is simply the presence of institutional investors, they can buy a lot of bitcoin not only with their own funds but they can even raise money and invest even more in bitcoin.

With this in mind I do not see bitcoin remaining at the current levels for long since the bulls are going to push the price once again above 50k during the next days, you just need to be patient and buy the dip if you have the money to do so.
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April 23, 2021, 03:05:26 PM
 #9

Yes of course, market history will definitely repeat itself.
just relax and find something else to do so you don't worry about the current market conditions.

-= OI =-
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April 23, 2021, 03:10:16 PM
 #10

bitcoin will bounce back, it's just that for now Bitcoin has to rest first. Given the high rise it takes time to recover. But you don't need to worry, many of today's holders are better off leaving the market and some of them are buying at a deep discount. always take advantage of the current market situation to have more Satoshi.

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April 23, 2021, 03:16:50 PM
 #11

From someone who have watch the market closely for about three years especially about Bitcoin and all it entail I will say it is going to bounce back positively and its going to be mind blowing than the raise we see late last year till last two weeks. Just take your time off the market and keep holding.

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Spack17
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April 23, 2021, 03:31:35 PM
 #12

Bitcoin price will bounce back eventually. We just don't know when. For now, it's trying to break the $50k resistance. If it can't, then we could see the price coming down a little more. I guess buying the dip and HODLing is the best option for now.  Grin
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April 23, 2021, 04:37:45 PM
 #13

     Went for the third choice. I see bitcoin bouncing back again and again just like how it did in the past till today. Specially now that very big names and companies have decided to invest into bitcoin and other altcoins out there. Heck, even a joke of a coin like dogecoin managed to go up in price in such a short period because of a single hype. In fact, I even think that 70k is just around the corner watch out for that.

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April 23, 2021, 04:53:04 PM
 #14

I hope that it would bounce back and it wouldn't repeat the same path of 2018,
But I wouldn't mind repeating it if it would also skyrocket after a couple of years and give us a long time of opportunity to accumulate as much as we could.

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April 23, 2021, 06:02:32 PM
 #15

Bitcoin seems to be trending going down lately. Do you have an argument for its comeback, leave a comment.

The history will alwasys repeat.Now their is a fluctuations in the price bitcoin over a period. It's easy to understand your feelings, since I was in same condition.My holding bitcoin was dragged down to bottom.The price of bitcoin was reduced to 49,000$ from 64,000$.It was a huge difference.Based on the holding bitcoin, all will have a loss for now.If you hold with a patience, the miracle will happen.
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April 23, 2021, 06:09:45 PM
 #16

The price will definitely bounce back here are some of the reasons :

1. Many companies are now investing after the big move by Tesla

2. Governmental approvals are all in

3. People are using it more during the pandemic.

4. It's serving as a single currency for small businesses who are getting work from overseas

5. There are many countries giving a green light to crypto gambling meaning more Investment in that sector

6. Government are implying more taxes which does mean that they are considering crypto for the long haul ! Even though the taxes are a bit too much but that's a whole different story.

... Etc ...

The price will bounce back 100000% you can bet on it ! But when that's a different topic. But most likely in a couple of months.

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Obito
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April 24, 2021, 04:38:27 AM
 #17

I hope that it would bounce back and it wouldn't repeat the same path of 2018,
But I wouldn't mind repeating it if it would also skyrocket after a couple of years and give us a long time of opportunity to accumulate as much as we could.
Don't worry it won't because if it did so, it should have happened mid-January because that was also the time when the prices did a sharp drop back in 2018. Also no need to hope that it will bounce back because it does and it has proven time and time again that it can really bounce back again.
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April 24, 2021, 04:47:19 AM
 #18

If everyone wishes for the prices to moon again, the fees has to be addressed. Without the widespread adoption of Lightning Network, we're gonna see 3-figures fees and more faucets are gonna die.

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April 24, 2021, 04:51:56 AM
 #19

Bitcoin seems to be trending going down lately. Do you have an argument for its comeback, leave a comment.

It already has, fell to $47k yesterday, and now stable at $50k
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April 24, 2021, 05:05:11 AM
 #20

Bitcoin seems to be trending going down lately. Do you have an argument for its comeback, leave a comment.

A better question is, do you have an argument for it to NOT comeback? A lot of us here know the importance of a peer-to-peer, trustless, scarce, and decentralized currency hence why we simply just buy and hold.

Also taking note that price drops are nothing new, and it would take just looking at the price chart for 30 seconds to realize that.

U just gave an arg for DOGECOIN, or any of the alt 21M (9,000) crypto shit-coins

How about an argument for BTC?

Once BTC loses #1 Capitalization ranking, are you all going to still be calling it the 'one'

I think you left out 'private' the most important thing of all, funny how nobody cares about 'privacy' here, its almost like they all know BTC.gov is a means of control, and not banking freedom

honestly how can you promote the 'myth' of 'decentralized' when you know for a fact that china control +67% of the block-chain formation aka mining

scarce, yep 21M alt-coins by 2025, real scarce this crypto be

...

In all the world, rich people don't flaunt their wealth, that's how you get robbed; Real rich people build walls around their homes so nobody see's what they got

Until BTC makes BITCOIN private and allows a means where addresses cannot be 'blacklisted' by IRS-COINBASE, BITCOIN is a failure to live up to its 2009 promises.
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