i think we will see bitcoin 44k sooner

[magneto]

this is not a fud and its not intended to scare anyone or make you dump if you cant hold especially the newbies and paper hands. just to get you prepared ahead of it. lets hope we dont go lower than that else we might take much longer in this dip.

And look where BTC prices are right now.

Look, the dump below $50k was pure panic. There was no rational justification as to why that dump even happened in the first place.

The rebound was as swift as the pump (if not more so). It just shows how strong institutional demand right now is. People are ready to buy any cheap coins that are available, even when prices drop by $1k or $2k. There aren't going to be the weak hands that drove prices down due to panic dumps in previous bull markets anymore in this rally.

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[Questat]

this is not a fud and its not intended to scare anyone or make you dump if you cant hold especially the newbies and paper hands. just to get you prepared ahead of it. lets hope we dont go lower than that else we might take much longer in this dip.

Well, $44k is not far from the current price, so I could say that we can't disclose such possibility in the coming days as we know that not all the times we are in the bullish market, dumps are inevitable and that could soon come in no specific time. But I didn't think it badly nor I have to worry, instead, I'll be preparing for it as that will be a chance to buy more in anticipation of the next Bullrun.

[ancafe]

Well, I understand how anxious you feel when the price of bitcoin drops below $ 50k, so many people think that the decline will continue. however, now the bitcoin price is back above $ 50k, and I think, the price will continue to go up to reach $ 60k. I don't think we will see bitcoin prices below $ 44k for a while.

[LUCKMCFLY]

Although any scenario is very possible in Bitcoin, I think that for now I do not think that we will see Bitcoin at $ 44k, Brandt is convinced that this is the case and his prediction of a 35% correction is fulfilled, but seeing it from the point of view that Elon Musk has already clarified that he has not sold any of his BTC and that institutional investment has more confidence in bitcoin they have joined the market, in this case there is NEXON, one of the giants in South Korea who have bought $ 100M in BTC:

Our purchase of bitcoin reflects a disciplined strategy for protecting shareholder value and for maintaining the purchasing power of our cash assets. n the current economic environment, we believe bitcoin offers long-term stability and liquidity while maintaining the value of our cash for future investments. 

Source: https://u.today/south-korean-gaming-giant-nexon-snaps-up-100-million-worth-of-bitcoin

I have always liked to maintain a good posture in the face of market eventualities, in this case being impartial, but seeing an investment of this style is very likely to cause more confidence and generate more demand in the market.

[k@suy]

And look where BTC prices are right now.

Look, the dump below $50k was pure panic. There was no rational justification as to why that dump even happened in the first place.

The rebound was as swift as the pump (if not more so). It just shows how strong institutional demand right now is. People are ready to buy any cheap coins that are available, even when prices drop by $1k or $2k. There aren't going to be the weak hands that drove prices down due to panic dumps in previous bull markets anymore in this rally.

The sudden price dropped of bitcoins price from the current ATH of $66k dropped to as low as $50k was trully alarming and I bet every bitcoin hodler was been surprised by what happen and are planning to the next wise and careful step to be able to gain a profit.

It only shows how volatile bitcoin was and how it hard to hodl bitcoin at the same time even though the thought of having bitcoin was more than lucky enough but the thought that holding doesn't justify the possible profit that you can earn because time to time the value varies consistently.

[STT]

Its not alarming when its risen so much its quite normal.  I thought 40k was fair target so it wasnt as bearish as it could be, I dont think it can be called negative especially.   It can pullback in future but for now the price is on the 2 day average and appears like it will keep going till at least 50 day average is achieved.   Just staying above 53k today which is weekly average is going to qualify price action as continuing positively.

[cryptomaniac_xxx]

Well, I understand how anxious you feel when the price of bitcoin drops below $ 50k, so many people think that the decline will continue. however, now the bitcoin price is back above $ 50k, and I think, the price will continue to go up to reach $ 60k. I don't think we will see bitcoin prices below $ 44k for a while.

Well we can't really tell if bitcoin will not go to $50k, remember this thread? Bitcoin will never go below $50,000 again, after that thread was open, the price suddenly went below $50k.

So we can't really say for certain until the price hits $100k in the future. At least we have enough buffer for the price to not hit $40k-$50k. But for now, we are still close to that price and any -10%-20% decline, we will obviously hit that price.

[matchi2011]

Its not alarming when its risen so much its quite normal.  I thought 40k was fair target so it wasnt as bearish as it could be, I dont think it can be called negative especially.   It can pullback in future but for now the price is on the 2 day average and appears like it will keep going till at least 50 day average is achieved.   Just staying above 53k today which is weekly average is going to qualify price action as continuing positively.

I also waiting for that fall, as I see that there are people around who bashing it out and trying to shake
around, they are good as they've got those weak holders to realease their asset.

Market is bouncing back and might trying to reached back the $60K level, taking the long term Bitcoin still
on it's best buy level..

[New.in.trading]

this is not a fud and its not intended to scare anyone or make you dump if you cant hold especially the newbies and paper hands. just to get you prepared ahead of it. lets hope we dont go lower than that else we might take much longer in this dip.

I would love to see BtcUsd down at 44k or even lower! This would be a great discount to get some more satoshis in my wallet. Them dudes need some company for the big party at 100k

[STT]

I've been waiting for it to pullback big to say 20k this whole year.   It has pulled back drastically at times to be fair and then its risen right back anyway.   This last fall was the most serious breaking 50 day for the first time this year is not small and suggests to me 200 day also must be met as its the most referenced TA recognized and used globally.  This does give me pause to think selling phase or doubts by speculators etc. is not over, the fat lady aint sung just yet.
   Yet the correct view to have right now is respect the market, dont stand in the way of a Mack truck as if it wants to get 70k 80k whatever multiple I could believe 100k or over if it wants then its going to get that and yet I still think a harsh test or consolidation of volume will occur because its needed and because the shake out helps strengthen prices so its not even a negative thing to call out; just dont stand in the way seems to be the best advice as these are all epic moves occurring.

[Myleschetty]

this is not a fud and its not intended to scare anyone or make you dump if you cant hold especially the newbies and paper hands. just to get you prepared ahead of it. lets hope we dont go lower than that else we might take much longer in this dip.

We are dealing with a speculation market so every price prediction is welcome even if it causes fud in the market, the fud won't last long cause a lot of whales and institutional investors will seize it to buy the dip.
Meanwhile, the OP really tried though the market doesn't dump to the $44K predicted.

[Silberman]

this is not a fud and its not intended to scare anyone or make you dump if you cant hold especially the newbies and paper hands. just to get you prepared ahead of it. lets hope we dont go lower than that else we might take much longer in this dip.

We did not reached this price when bitcoin was going down in price in a dramatic fashion and the price recovered relatively quickly, I agree that this could have been a form of manipulation but as long as you are still holding your coins I do not really think it matters that much, this happens during all bull runs, the bears are trying to scare people away and the whales are willing to play along as this allows them to load even more coins before the price keeps going up.

[FanEagle]

We did not reached this price when bitcoin was going down in price in a dramatic fashion and the price recovered relatively quickly, I agree that this could have been a form of manipulation but as long as you are still holding your coins I do not really think it matters that much, this happens during all bull runs, the bears are trying to scare people away and the whales are willing to play along as this allows them to load even more coins before the price keeps going up.

But right now, bitcoin is facing slight downfall from today's high of $57.7 and trading below $55k as of now. Not sure why bitcoin is missing the power to break the resistance levels around $59 to $60k levels which still firmly holding and due to that, bitcoin market is trading too stagnant in last 2 to 3 weeks. So far $52k levels are super strongly holding bitcoins as support levels and as long as those levels hold then we do not need to think about anything below $47k levels (which was the recent low).

[milewilda]

We did not reached this price when bitcoin was going down in price in a dramatic fashion and the price recovered relatively quickly, I agree that this could have been a form of manipulation but as long as you are still holding your coins I do not really think it matters that much, this happens during all bull runs, the bears are trying to scare people away and the whales are willing to play along as this allows them to load even more coins before the price keeps going up.

But right now, bitcoin is facing slight downfall from today's high of $57.7 and trading below $55k as of now. Not sure why bitcoin is missing the power to break the resistance levels around $59 to $60k levels which still firmly holding and due to that, bitcoin market is trading too stagnant in last 2 to 3 weeks. So far $52k levels are super strongly holding bitcoins as support levels and as long as those levels hold then we do not need to think about anything below $47k levels (which was the recent low).

But lets not cross out the probabilities for those things to happen specially if there are some news that do pop out from nowhere which is on negative which will really create that fuss
and will result into dump of price.Everything cant really be predicted and  also 44k isnt really too far off and considered to be one of the strongest supports too but
lets talk first into other supports as well which had been holding strong after several tries for the price to bottom out or does try to break it.
Therefore, it would be better if you do mind off on how to play with these moving prices.

[SaShiRaJaVu]

Look, the dump below $50k was pure panic. There was no rational justification as to why that dump even happened in the first place.

There is a logical justification for that dump, Elon Musk and his company holding billions of dollars worth of Bitcoin booked their profit around that time and liquidated around $272 million which is a huge amount of money and that is more than enough to take the market down.
Fortunately the buy wall started building up once the market went down and so is the reason we saw a swift recovery. The market has grown and you cannot call every dump as weak hands shaking off but smart whales booking their profit as well and then plan on entering the market again.

 

[skarais]

But right now, bitcoin is facing slight downfall from today's high of $57.7 and trading below $55k as of now. Not sure why bitcoin is missing the power to break the resistance levels around $59 to $60k levels which still firmly holding and due to that, bitcoin market is trading too stagnant in last 2 to 3 weeks. So far $52k levels are super strongly holding bitcoins as support levels and as long as those levels hold then we do not need to think about anything below $47k levels (which was the recent low).

I can understand that this is a condition where there is a lot of doubt among trader in the market after the recent ups and downs. In my opinion, this is a condition where the bitcoin price is looking for new price movement so trader need to be careful in condition like this because price can still undergo correction if the resistance can't be broken. It is quite difficult to know where the next price movement will go if the market is in a sydways condition and everyone may have to be prepared for a correction that might occur.

[pixie85]

No one even scared, we will buy more if bitcoin drop to $44,000. Those who scared only for weak hands, but not for us. You don't know how many people hope bitcoin to drop , so they can buy bitcoin with cheap price

Exactly. We've seen so many bear markets. What's the worst thing that can happen?

If it doesn't go below 40 thousand it's still bull market. Who buys there will at least have a chance to sell at 50 thousand if not higher or hold, that's if we don't reach a new ATH this year.
If it drops below we'll enter a longer bear market. Maybe a few months. maybe a year, but the lowest we'll go will be the old ATH of 20 thousand which shouldn't scare any long time holder and the next bull market will take us above 100 thousand for sure.

[Hippocrypto]

Already heard that speculations last month, and we're close to that but never happened actually. However, there's still chances that were going to see it once price of btc will saturate again just like the past months. It's not that easy to see bitcoin soars greatly, because it also pulled back down by other coins, particularly with eth and other following coins that kept on rising and performing very well.
Right now we need to be smart enough to handle our decision, because if we're to green for money only one mistake will tend your lose more digit of coins.

[Sled]

Not scared at all as I know it's possible to happen.

If we based on the past, it could dump lower than $44k.
AFAIR, bitcoin hit $20k and then dump to $3k.. so from $60k now, it's possible that bitcoin will dump $10k or below.

it's very unpredictable but one thing is predictable is that whenever it will dump, bitcoin always recover and eventually will create a new ATH again.

[ultrloa]

But right now, bitcoin is facing slight downfall from today's high of $57.7 and trading below $55k as of now. Not sure why bitcoin is missing the power to break the resistance levels around $59 to $60k levels which still firmly holding and due to that, bitcoin market is trading too stagnant in last 2 to 3 weeks. So far $52k levels are super strongly holding bitcoins as support levels and as long as those levels hold then we do not need to think about anything below $47k levels (which was the recent low).

I can understand that this is a condition where there is a lot of doubt among trader in the market after the recent ups and downs. In my opinion, this is a condition where the bitcoin price is looking for new price movement so trader need to be careful in condition like this because price can still undergo correction if the resistance can't be broken. It is quite difficult to know where the next price movement will go if the market is in a sydways condition and everyone may have to be prepared for a correction that might occur.

Maybe the best ideal decision to do if the market is volatile is to be patience to see how the market goes since if traders will rush things and enter on unknown space maybe they will left bag holding then crazily shaking when seeing the market is on red. Although its quite difficult to know the next price movement but its better to see the chart to see the price actions since it will give us a hint ok what will happen in next following days.