Bitcoin will not be able to stay above $40k for 10 consecutive days ever again

[proudhon]

Easy call

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[Kittygalore]

How so it won't be able to stay above 40k though? Are there evidence to prove that it won't be able to do that? I always find most of your calls about prices going down don't have any backing claims to corroborate or support it, you are just wishing that it goes down and hope that you are right.

[Natalim]

Easy call, but what's your basis? hehe.

of course, mate bitcoin will continue to dump, it's the bearish sentiment we will witness in the following days, and it's even possible that bitcoin will fall below $30k like what we almost witness today.

It's a crazy dump, some people called it super dip.. but how low it will go?

[proudhon]

...of course, mate bitcoin will continue to dump, it's the bearish sentiment we will witness in the following days years

[wheelz1200]

Easy call, make a ton of predictions one of them will stick and you can call yourself a proclaimed expert.  Dime a dozen.  These threads will never cease to exist.  You should throw all your savings into a massive short position and kill it.

[proudhon]

You should throw all your savings into a massive short position and kill it.

Exactly! There has never been a more obvious short win in human history.

[eckmar]

You should throw all your savings into a massive short position and kill it.

Exactly! There has never been a more obvious short win in human history.

So you are saying that you are shorting Bitcoin currently?

[wheelz1200]

You should throw all your savings into a massive short position and kill it.

Exactly! There has never been a more obvious short win in human history.

But would you have any money left to short it for all the times you probably wanted to on the way up to 60k?  If you had the brrrrr machine then I guess but you can't cherry pick in this game can you?

[proudhon]

Too easy.

[livingfree]

Too easy.

Good prediction.
 
What's next?

1 more day and 10 days that you have prediction that we won't be seeing $40k again is about to end. But there's just one thing that you've missed.

Bitcoin actually went back to $40k last two days ago and the other one was on May 20, $41k.

[adaseb]

The fact that it failed to stay above $40K is alarming. Another issue that is alarming is that whenever there was bullish news released Bitcoin either didn’t pump or it pumped by got faded. This isn’t a good sign.

I don’t think $30K will break however. We might trade sideways for the next few weeks or months and break $42 K then.

Right now I wouldn’t be in any position. There is tons of chop now.

[proudhon]

Too easy.

...But there's just one thing that you've missed.

Bitcoin actually went back to $40k last two days ago and the other one was on May 20, $41k.

But I said "10 consecutive days". Bitcoin needs to stay at or above $40k for 10 days in a row. Never gonna happen.

[DoublerHunter]

I always thought yeah of course Bitcoin can reach $100000 or even $400000 but it will be when none of us own any anymore. Why? Because of what happens inbetween. "Institutions" are here. Enjoy   

^ That is the reason why BTC prices keep dumping or stable at the price of $30k because institutions enjoy playing on the market, it seems they are now big whales that almost manipulate the market through their money. There is no accurate answer for this, we are all speculating the market price. Just look around and you will send that there is more institutions again that wanted to invest in BTC using their own. Nevertheless, at a range of $40k, is very impossible to happen.

[livingfree]

Too easy.

...But there's just one thing that you've missed.

Bitcoin actually went back to $40k last two days ago and the other one was on May 20, $41k.

But I said "10 consecutive days". Bitcoin needs to stay at or above $40k for 10 days in a row. Never gonna happen.

Just dropped again to $34,950.

^ That is the reason why BTC prices keep dumping or stable at the price of $30k because institutions enjoy playing on the market, it seems they are now big whales that almost manipulate the market through their money. There is no accurate answer for this, we are all speculating the market price. Just look around and you will send that there is more institutions again that wanted to invest in BTC using their own. Nevertheless, at a range of $40k, is very impossible to happen.

It circulates to that idea that we're all speculating and bitcoin is a speculative asset that's also being tackled by these institutions and by the media. Whatever is the factor that makes it drop for now, just keep the faith and HODL if you're a long term holder.

[Kong Hey Pakboy]

What's the mathematical proof for that? Aren't you a proud "mathematician" of bitcoin prices going down and never coming back? How come all of your replies don't even have hint of math, you can't just call it mathematical or scientific without providing any evidence.

[dothebeats]

Perhaps on the short-term, yes, but the bearish sentiment has its own ends and it's not as if it's always rainy days in the bitcoin market. We have had similar calls like this in the past and what happened is that even though the rest of the world is in turmoil, bitcoin pushed through and outperformed assets that were projected to tough it out in the midst of a stagnant economy and loss of millions of jobs. I guess in the next 4 years, perhaps we will see yet another massive turnaround.

[Marvelman]

Too easy.

Bitcoin will stay above $30k (a more than 300% increase compared to one year ago) for 10 consecutive days. Too easy.

[bitterguy28]

How so it won't be able to stay above 40k though? Are there evidence to prove that it won't be able to do that? I always find most of your calls about prices going down don't have any backing claims to corroborate or support it, you are just wishing that it goes down and hope that you are right.

have you read it carefully? "Wont Stay for 10 straight days" in 40k.

and i think whats market is showing now this make sense.


for how many days that the price of bitcoin only touching 37,000 but can't be able to break 38,000 and above.

if this continues then the possibilities of staying low is there.

[btc78]

Easy call

it's going Up now mate, look at the movement today

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

closing to break the 38,000 and after that barricade we will see another 40k breaking and then 50k to the final stage this year ? 100,000 

Just wait and see mate, you will regret this post in the end year.

[proudhon]

Easy call

it's going Up now mate, look at the movement today

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

closing to break the 38,000 and after that barricade we will see another 40k breaking and then 50k to the final stage this year ? 100,000 

Just wait and see mate, you will regret this post in the end year.

I guarantee you I won't regret it. That's the benefit of a perfect mathematical and scientific model.