i think we will see bitcoin 44k sooner

[Smitty Werben Man Jensen]

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 in the world of cryptocurrency Mate! Anything could happen, PUMP? DUMP?
yes everything can happen in one click, it sounds scary, but that's the reality, don't be tempted by a high pump, because that is a signal to sell.
if it does dump to $ 44k, that's fine, why? because the correction in the big TF must occur

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[STT]

My negative scenario seems to be playing out, not that my own opinion matters I just try to draw on what Ive observed previously so seems we are repeating ourselves within something of a box.   Every TA scenario is just a range of probability, seems the weight or path of least resistance lies with us moving downwards for now at least.   Need to keep looking but the full range fits this OP topic of rough price check for BTC, I really dont know why exactly just profit taking would be enough and that is part of acknowledging froth in price movement.   

The worlds richest man just described crypto as a hustle on tv.  I know people will say whats got to do with BTC he was referring to Doge, its associative and not helpful imo.  Doubts are normal and will occur anyhow, I just took that moment as a significant marker

[Slow death]

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 in the world of cryptocurrency Mate! Anything could happen, PUMP? DUMP?
yes everything can happen in one click, it sounds scary, but that's the reality, don't be tempted by a high pump, because that is a signal to sell.
if it does dump to $ 44k, that's fine, why? because the correction in the big TF must occur

well today the price has dropped a lot and it’s at $48,000, but even with this news that Tesla has stopped accepting bitcoin as a means of payment because of concerns about the environment (I know Is a big joke because they already knew everything before buying bitcoin) and caused the price to drop to $48,000, but from what I see I got it right when I say that the price of bitcoin did not fall below $40,000, and it is impossible for that to happen, the support that is in the $42,000 is unbreakable.

[Renampun]

...

...

well today the price has dropped a lot and it’s at $48,000, but even with this news that Tesla has stopped accepting bitcoin as a means of payment because of concerns about the environment (I know Is a big joke because they already knew everything before buying bitcoin) and caused the price to drop to $48,000, but from what I see I got it right when I say that the price of bitcoin did not fall below $40,000, and it is impossible for that to happen, the support that is in the $42,000 is unbreakable.

the reason Elon, Tesla does not accept Bitcoin anymore for environmental reasons is just his trick...

he once replied to Jack Dorsey's tweet about Bitcoin not affecting the environment, but why now is turning around. I agree that the $ 42k threshold will be hard to breakthrough.

to anyone please don't make Elon musk your market analysis.

[Ararbermas]

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.

bitcoin really need to find new support level on this situation., because what a massive dump in just days? and to be honest its now seems still not in a good condition below 50k. For sure theres a panic selling thats happening right now in the market.. If this becomes more worse it will keep decreasing and even 44k isn't enough in my personal opinion. Because just imagine in just days it plunges so hard...

[Lorence.xD]

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.

And if that was to happen then it will be good news for us individual investor because we have bitcoin at a cheap price and hodl it until it inevitably goes back higher than the last time it did and enjoy grandiose profits.

[skarais]

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.

In fact, today we have seen the market undergo a correction and panic engulfs traders. As I mentioned earlier, sydways are conditions where trader must be prepared for price movement that may experience a correction. The panic has caused bitcoin to trade below $50K for some time.

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.

It is almost certain that if market conditions are experiencing sydways, usually there will be a correction. I have noticed it on several occasion. The monthly candle stick shows that during April and May 2021 bitcoin price has decreased and now we have 2 red candle after ATH at $64K formed. What's next?

[Oceat]

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.

bitcoin really need to find new support level on this situation., because what a massive dump in just days? and to be honest its now seems still not in a good condition below 50k. For sure theres a panic selling thats happening right now in the market.. If this becomes more worse it will keep decreasing and even 44k isn't enough in my personal opinion. Because just imagine in just days it plunges so hard...

I know how it feels to see this kind of massive dump in just a short time it feels like we are in early 2018 when after the ATH of Bitcoin it suddenly dump slowly that everyone almost think it's the end of Bitcoin era yet we are still here now. Weak hands people are usually dumping because they think this is the end and we can't just say this is all about weak-hands people but there are traders too who trade to make some profit.

We still don't know what the bottom of this but this $49k is quite strong as a support these days. Bitcoin seems to have a hard time to break the $60k resistance then suddenly Elon Musk tweet reflected a lot on the market. We can't blame him for that but it's just so lame to make an excuses like this like they don't know where their energy for Tesla coming from. lol

[$crypto$]

well today the price has dropped a lot and it’s at $48,000, but even with this news that Tesla has stopped accepting bitcoin as a means of payment because of concerns about the environment (I know Is a big joke because they already knew everything before buying bitcoin) and caused the price to drop to $48,000, but from what I see I got it right when I say that the price of bitcoin did not fall below $40,000, and it is impossible for that to happen, the support that is in the $42,000 is unbreakable.

My strong reason is that bitcoin is corrected with the shocking news from Elon Musk that the tweet could make the market worse and I think this is temporary and won't go below $40k. That's right, you say.
Sometimes I also always look at some saying from people who are simpler in dealing with this and remember that Elon Musk can change the market but of course if we don't panic this will not happen especially in novice investors who now depend a lot on Elon musk.
Now that Tesla has stopped accepting bitcoins, it's just a momentary direction and we will see bitcoin recover.

[wxa7115]

well today the price has dropped a lot and it’s at $48,000, but even with this news that Tesla has stopped accepting bitcoin as a means of payment because of concerns about the environment (I know Is a big joke because they already knew everything before buying bitcoin) and caused the price to drop to $48,000, but from what I see I got it right when I say that the price of bitcoin did not fall below $40,000, and it is impossible for that to happen, the support that is in the $42,000 is unbreakable.

During a few minutes the price reached 46k however I am not worried about this, it seems this happened because people got scared that Elon Musk seems to be reversing course when it comes to bitcoin, however to me this seems to be a maneuver to obtain more coins for a cheap price.

After all I doubt Musk is as dumb to just invest in the best asset of the world that gave him more profits than his car selling business and he is going to decide to sell now, he is just manipulating the market and newbies are falling right into his hands.

[skarais]

During a few minutes the price reached 46k however I am not worried about this,

Are you a long term holder?
I feel that only long-term holder never care about price correction while other traders experience panic. Panic selling lasted a while and today it seem that many of them are selling at lower price. Personally, I will not survive in a market experiencing a correction beyond my limits. CL is one of the methods I usually use.

[snipie]

It is unfortunate to see the price falling under $50k, I hoped it will consolidate over that barrier but it dropped twice so far. However it is a good opportunity to invest. Barely all coins dropped by 10%, Musk indirectly affected it with his blind followers.
Now $44k is possible, yet the price will rise again sooner or later.

[Stedsm]

My target 1 is of $42k and target 2 is at $36k, after which if the fall continues like a freefall, then it may reach $20k as predicted by one of my friends and that's just because the liquidity being eaten up by the selling pressure that caught fire through a spark by Elon Musk and Tesla. And not just that, even ETH saw a huge dip not just following BTC alone but for the fact that Vitalik dumped all of his SHIB tokens (50% of total SHIB tokens supply was gifted to Vitalik) which made the price fell down to under half of its high. So I believe that the traders are in huge fear that if he'd do that with all the meme coins (I believe he was also involved in AKITA and PIG), then what if he comes up with all his ETH and starts dumping on the markets? What will be its impact? I know he's not stupid to do that, but that what everyone may be thinking right now.

[Chato1977]

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.

you are almost correct because yesterday bitcoin almost fell for that price.

in 24 hours duration bitcoin drops to almost 44,000$
24h Low / 24h High   
$46,980.02 /$54,754.18

I think that is the bottomline before Hitting ATH one more time this quarter.

[pixie85]

My target 1 is of $42k and target 2 is at $36k, after which if the fall continues like a freefall, then it may reach $20k as predicted by one of my friends

20k is a bearish prediction for the end of the bear market if it comes to it.

Price usually touches somewhere around the last ATH, so for us to go to 20 thousand we'd need many months of bear and before that we'd need a 50% drop followed by a dead cat bounce so something like your 36000 followed by a recovery back to 50 and a deeper drop to 30? If you see something like that we won't go to 100 thousand before 2023

and that's just because the liquidity being eaten up by the selling pressure that caught fire through a spark by Elon Musk and Tesla.
And not just that, even ETH saw a huge dip not just following BTC alone but for the fact that Vitalik dumped all of his SHIB tokens (50% of total SHIB tokens supply was gifted to Vitalik) which made the price fell down to under half of its high. So I believe that the traders are in huge fear that if he'd do that with all the meme coins (I believe he was also involved in AKITA and PIG), then what if he comes up with all his ETH and starts dumping on the markets? What will be its impact? I know he's not stupid to do that, but that what everyone may be thinking right now.

I didn't know there were so many negative investors lurking around.
Also, meme tokens are worthless shit popular only because it's a next trendy thing.

It's so funny when we lose like 20% from ATH and people start talking about rock bottom. You should know better after so many cycles.

[bitterguy28]

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.

Actually this is a Good news for me, because at last after months of waiting here we go i can buy more with a discounted price 

44k is the best value i can have for my re entering because i have been trapped after selling my coins early this year.

[Stedsm]

20k is a bearish prediction for the end of the bear market if it comes to it.

Price usually touches somewhere around the last ATH, so for us to go to 20 thousand we'd need many months of bear and before that we'd need a 50% drop followed by a dead cat bounce so something like your 36000 followed by a recovery back to 50 and a deeper drop to 30? If you see something like that we won't go to 100 thousand before 2023

And I do believe you won't see a $100k BTC so soon because it's not about you and me, it's about those who are actually manipulating the markets.

I didn't know there were so many negative investors lurking around.
Also, meme tokens are worthless shit popular only because it's a next trendy thing.

It's so funny when we lose like 20% from ATH and people start talking about rock bottom. You should know better after so many cycles.

Lol, things have never been the same after all, man. Everything in crypto has changed like hell, one day you see BTC touching an ATH, the other day it drops down 20%?
Remember those old days? You better be. I'm not a negative person (nor bearish at all) but I'm just saying what I'm witnessing. Do you believe the manipulators of the markets will let BTC get over $100k so soon? Think at least a hundred more times because Elon Musk is one such personality, who, when starts talking shit about BTC, BTC becomes shit and the value of that shit drops down so quickly as if he flushed it. He's got enough manipulative powers so to play games in crypto. Do you think he didn't take advantage of his powers and didn't short BTC from the very top so to surprise everyone after saying that they are not going to accept BTC payments anymore? Meme tokens were just an example of how to create fear in a community (and I gave that example just because it's a perfect example for all those community-driven coin holders so to make them understand that they must not invest in those shitcoins which can be worth 0 one day soon).

And you thought I was talking about rock bottom after losing 20% from ATH?
Let the weekends speak, mate.

I eagerly want that guy to get scrutinized by SEC soon and get lodged a lawsuit against him too.

[rahmatrf331]

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.

Bitcoin's price drop at $ 44k, which is quite common in the trading business. As an investor you should be prepared to prepare cash for investors at a pretty good price. yes for investors who have already bought at the price of $ 60k not to worry about losses or not to panic big sells. because the decline is only a cycle, in the near future it will return to normal.

[Mr.Scott]

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 in the world of cryptocurrency Mate! Anything could happen, PUMP? DUMP?
yes everything can happen in one click, it sounds scary, but that's the reality, don't be tempted by a high pump, because that is a signal to sell.
if it does dump to $ 44k, that's fine, why? because the correction in the big TF must occur

well today the price has dropped a lot and it’s at $48,000, but even with this news that Tesla has stopped accepting bitcoin as a means of payment because of concerns about the environment (I know Is a big joke because they already knew everything before buying bitcoin) and caused the price to drop to $48,000, but from what I see I got it right when I say that the price of bitcoin did not fall below $40,000, and it is impossible for that to happen, the support that is in the $42,000 is unbreakable.

I just wish the $42,000 support never penetrate, more than $50,000 something like solid. First Tesla accept Bitcoin, however now the organization doesn't accept Bitcoin for environmental reasons. Everything like pre-planned, anyway this declarations make the best purchasing states of the year for each and every human to take advantage. Buy back Bitcoin at the lower price and repeat the process. Stay positive!

[STT]

Its not especially FUD as pulling back and revising prices is normal and necessary to improve the quality and strength for future moves upwards.   Always happens and its healthy, if we only moved upwards then crypto would rightly be doubted more as prone to failure.   Consider it like folding steel, takes a much longer time but the final result requires this process.

The problem will be if that area doesn't hold.

Lower 40k is 200 day average which everyone from a Wallstreet trader to your Grandma watches, its highly significant and right now its bullish as we continue to rise.   All kinds of measure and perspectives on price action are possible but when the crowd has consensus it has a power that supersedes short term doubts and selling, momentum remains upwards longer term.