The fall from 65k to $30k was the best thing to ever happen to Bitcoin

[JayJuanGee]

My target price for Bitcoin is 15K-20K during the next few weeks. The party is clearly over, and investors should consider liquidating anything related to Bitcoin or short it.
Recent collapse proves that Bitcoin isn't a safe haven, store of value, or a hedge against inflation/market correction, but a speculative token that can go down 50% in a week

Have fun staying poor kuldipgajjar.

The odds are quite against you if you really believe that nonsense.  If you happen to be someone who is new to bitcoin or you just recently got in, and if you are currently feeling shaken, then you might need to reconsider your finances in order that you can get yourself to a comfortable position, financially and psychologically.  

So of course setting some targets is good, but any target should attempt to be realistic, and these days should likely involve creating decent and practical ideas around BTC accumulation until you have reached a comfortable level with that too.  

There is going to be a lot of variance between the circumstances of people in terms of if they already own some BTC and then other aspects in respect to their personal situation, including goals that might help to inform them what kind of approach forward may well be good from here in regards to BTC accumulation or perhaps maintenance.

By the way, any prudent and practical BTC plan is going to attempt to prepare for both UP and DOWN, and frequently people put way too much preparations in DOWN (or meaning that they have failed and refused to prepare for UP) and not enough preparations in UP.... and anyone who does not adequately and meaningful prepare for UP could end up regretting that...

Failure/refusal to adequately and meaningfully prepare for UP seems to be a repeating story in bitcoinlandia.. that I have seen numerous times since 2013/2014 .... especially during correction periods.. sure lots of people get excited when the BTC price is going UP, yet many times the preparations and the meaningful and adequate accumulations of BTC are taking place during down periods, correction periods or flat price periods.. like the one that we are in now and may well look temporary when we look back on it, even though it has been happening for about a month - or even longer (depending upon from when measured), so far..

[1714586399]

1714586399

[1714586399]

1714586399

[imstillthebest]

almost half is reduced in btc price but it was a good thing especially to the newly entrants and for the people that are waiting for a big crash .
 you list a couple of good news but some of them are not related to the crash like the legalization of btc by the banks but they will continue this agreement whatever the status of btc is .
some of the events couldnt happen if btc didnt crash .  its true that what kills you makes you even more stronger .

[Lorence.xD]

My target price for Bitcoin is 15K-20K during the next few weeks. The party is clearly over, and investors should consider liquidating anything related to Bitcoin or short it.
Recent collapse proves that Bitcoin isn't a safe haven, store of value, or a hedge against inflation/market correction, but a speculative token that can go down 50% in a week

That's a bit debatable because if you hodl your bitcoin for long-term pretty sure that you will be able to hedge your wealth against inflation but if you are on a short-term then it becomes speculative so in a way, it's a bit of both.

[LimLims]

BTC price drops and all the long term holders started buying the coins.
But the ones who really wanted to make the price high are sad now.
I myself feeling the pain of those who bought coins when price was around 50k USD.
Moreover when the price is down, it gives more chances that the price will break his ATH soon.
So let’s see what happens in the future.

[JayJuanGee]

My target price for Bitcoin is 15K-20K during the next few weeks. The party is clearly over, and investors should consider liquidating anything related to Bitcoin or short it.
Recent collapse proves that Bitcoin isn't a safe haven, store of value, or a hedge against inflation/market correction, but a speculative token that can go down 50% in a week

That's a bit debatable because if you hodl your bitcoin for long-term pretty sure that you will be able to hedge your wealth against inflation but if you are on a short-term then it becomes speculative so in a way, it's a bit of both.

You make little sense Lorence in your attempt to make kuldipgajjar appear to be reasonable.

In essence, kuldipgajjar is making a bet on one direction (which of course is down), and also making quite a few negative assertions regarding where bitcoin is at currently.

The ONLY way that kuldipgajjar will come out potentially good in this kind of situation (presuming that his actions are somewhat matched with his words) is if he ends up being correct, which seems to be a bit of a long shot, currently. 

Sure, anything could happen, so kuldipgajjar, could end up betting correct on seemingly longshot circumstances, and really with his seemingly pessimistic framing of BTC, even if it were to dip down to his target zone, from his already stated words, he seems to hold little to no confidence in BTC as an investment, so why would anyone like him all of a sudden have confidence to buy in the $15k to $20k price arena.. I surely have my doubts.. but anyhow, we are hardly likely at all to even find out, so who really cares.  On the other hand, if BTC prices dip below $25k, then perhaps then we might be able to take $15k to $20k prices seriously, but even that is not seeming too likely.. but sure, I would be willing to more seriously consider $15k to $20k as being within striking distances were we to get prices below $25k in the coming months...

I am currently thinking that more likely seems that we will witness BTC prices above $50k before we are seeing BTC prices below $25k..

[FIFA worldcup]

Some how you might be right but this sounds weird to some people who must have bought the top, the recent dip really cost pain to many crypto investors and traders because it really took them  unaware, everything happened so sudden. But this is still an opportunity to many people! Yes because bitcoin falling from 65K to 30k is really an opportunity to enter into the market because surely $65k isn't the top for bitcoin this year and it's obvious only the diamond hands Will make enough profits.

I didn't touch crypto once Elon Musk joined. The dip that cost pain to crypto investors that you mentioned followed Elon Musk. I knew that was going to happen. Now that Elon Musk left for now, now crypto investors can safely rejoin the crypto market.

Elon Musk tweets could only move the market temporary but not permanently. Recently, he tweeted that Tesla only sold 10% of the bitcoin to check its liquidity which was a good news but that pump remain only for few days and now bitcoin is back near 35,000$. Overall bitcoin is looking bearish.

[amishmanish]

My target price for Bitcoin is 15K-20K during the next few weeks. The party is clearly over, and investors should consider liquidating anything related to Bitcoin or short it.
Recent collapse proves that Bitcoin isn't a safe haven, store of value, or a hedge against inflation/market correction, but a speculative token that can go down 50% in a week

Shitcoiners like you who have only ever been here to post bounty reports and one-liners shouldn't really be commenting so confidently about the path that Bitcoin price will take. You have no idea what Bitcoin is about. All these ideas about safe haven, hedge, SoV are buzzwords you hear and then repeat.

So frankly, just make it easy for everyone and keep your uninformed, baseless opinions to yourself. If all you understand about Bitcoin is the dollar value, then you are the kind of people who are better off selling.

[Rajamuda]

When price is one of the considerations, make price movements into certain opportunities with a period of time, basically there are many opportunities there because of fluctuations. Hopefully a lot of new things can really lift bitcoin back at $60k+.

[clint25n]

everyone has their own opinions and views, but with the price dropping, everyone will buy it massively and invest it in the future. And we hope this is only a short-term decline in bitcoin itself. We hope the price will go up again in the future

[Henrobakkara]

My target price for Bitcoin is 15K-20K during the next few weeks. The party is clearly over, and investors should consider liquidating anything related to Bitcoin or short it.
Recent collapse proves that Bitcoin isn't a safe haven, store of value, or a hedge against inflation/market correction, but a speculative token that can go down 50% in a week

Obviously, you are a newbie, and the obvious reason while your thinking about Bitcoin is only about the profit you can make. If real investors that have firm belief in Bitcoin had not supported the Network I don't believe you would be here talking about making profits off Bitcoin. Bitcoin has had way dips than this in the past and investors that have held for a long are most of the Bitcoin Millioniers today and if Bitcoin wasn't a store of value that wouldn't have been.
So, you can continue to wait for your $15k-$20k Bitcoin price till gray hair.

[DatKing]

Especially Bitcoin holders must be very happy about it. Because it is a golden opportunity to accumulate some more. But it is not very good news for short-term investors obviously. They will have to wait for more time to reach their goals.

[UserU]

Well well, what do we have here

PLAGIARISM by the exact member that posted that Bitcoin would fall!

​Indian investors are increasingly allocating a separate place for cryptocurrency investment in their portfolios.
Bitcoin touches $64,000 high as traders eye Coinbase listing
Bitcoin climbed as much as 1.6 per cent to as high as $64,207 in Asia trading. Cryptocurrency-exposed stocks such as Riot Blockchain Inc. and Marathon Digital Holdings Inc. advanced during U.S. trading hours.

[MinoRaiola]

-Banks in Germany are legally allowed to start on July 1.

It's unstoppable

As far as I know, the funds will be able to act innovatively. The Fund Location Act will come on July 1st, 2021 and will allow you to invest up to 20 percent of the funds you manage in crypto assets such as Bitcoin. Banks in germany are very conservative.
Source: https://t3n.de/news/deutschland-fondsstandortgesetz-krypto-1375731/

[Wind_FURY]

My target price for Bitcoin is 15K-20K during the next few weeks.

That would indeed be the gift of all gifts. I HOPE you hit your target because I will definitely be there with you.

The party is clearly over, and investors should consider liquidating anything related to Bitcoin or short it.

Short knowing that Michael Saylor, Steve Cohen, Cathie Wood, and the other billionaires are buying and HODLing? Selling now would only be making it easy for those billionaires to get the thing they want from you most, ser. Your Bitcoin. Hahaha.

Recent collapse proves that Bitcoin isn't a safe haven, store of value, or a hedge against inflation/market correction, but a speculative token that can go down 50% in a week

Zoom out, ser.

[Alert31]

If bitcoin is either in a higher value or fall are still the best thing because you can make profit in a higher value and can buy more when it fall. But all is depends on every one situation. If you have a lot of capital you can buy more in a sudden dip to hold and wait another ATH.

[bitterguy28]

Well well, what do we have here

PLAGIARISM by the exact member that posted that Bitcoin would fall!

​Indian investors are increasingly allocating a separate place for cryptocurrency investment in their portfolios.
Bitcoin touches $64,000 high as traders eye Coinbase listing
Bitcoin climbed as much as 1.6 per cent to as high as $64,207 in Asia trading. Cryptocurrency-exposed stocks such as Riot Blockchain Inc. and Marathon Digital Holdings Inc. advanced during U.S. trading hours.

Great catch mate , best  to report this in plagiarism thread and this will surely banned.

anyway I have reported to the MODs also mate to help faster reaction.

If bitcoin is either in a higher value or fall are still the best thing because you can make profit in a higher value and can buy more when it fall. But all is depends on every one situation. If you have a lot of capital you can buy more in a sudden dip to hold and wait another ATH.

What if the dip did not come? meaning you will never invest again?

[Distinctin]

Well, it has to be familiar to us that every fall is an opportunity for the investors, not for those who are still in doubt and those who just watch the market falling. If I have money left in my pocket, I should have to invest in Bitcoin or I sell my altcoins for this opportunity. I'm not saying this was the best thing to ever happen in Bitcoin since we already know that this thing might come to us after the bullish ends. In fact, we are preparing this, people are selling earlier before the drops have come and this is because we are anticipating this event.

[KeikoKitagawa18]

When the price bitcoin drop more than 30% i'm very happy because i have a chance to buy more bitcoin at lower price, for those people who believe in bitcoin (including me). I'm so happy when see the btc price drop because i believe at the end the price of bitcoin will rise again.

[JayJuanGee]

My target price for Bitcoin is 15K-20K during the next few weeks.

That would indeed be the gift of all gifts. I HOPE you hit your target because I will definitely be there with you.

How much fiat you going to have left if BTC prices were to reach those $15k to $20k levels?

Many of us seemingly prepared for worst-case scenario HODLers are going to be running out of money if BTC prices were to reach that low.  Currently, I do happen to have buy orders staggered down to those levels, but I surely am not expecting them to get filled - minus some kind of long-shot happenings...

Many of us seemingly prepared for worst-case scenario HODLers have already been buying all the way down since $50k-ish.. so if the BTC price goes below $30k, below $25k even above $20k, several of us likely will be buying quite a bit at those higher prices, so from where is all the money going to come to be able to buy more below $20k, if the BTC price were to get there?  

It remains quite doubtful that the BTC price will get below $20k, but still.. hopefully not too many people are holding onto large amounts of fiat waiting for the BTC price to go below $20k and the price never happens to get there.

[meanwords]

I didn't touch crypto once Elon Musk joined. The dip that cost pain to crypto investors that you mentioned followed Elon Musk. I knew that was going to happen. Now that Elon Musk left for now, now crypto investors can safely rejoin the crypto market.

I don't think so. Elon Musk must have stayed away from Bitcoin but that doesn't mean he is gone. As far as I know, he is still around cryptocurrencies but he mostly talks about dogecoin now. He also said that he is still positive about Bitcoin, he just doesn't like the energy consumption of it. Nonetheless, I'm still thankful he made Bitcoin dump so I could buy cheaper lol.