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Author Topic: Will we ever see $10k per BTC?  (Read 670 times)
Little Mouse (OP)
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June 04, 2021, 01:45:40 PM
 #1

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?

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June 04, 2021, 01:46:42 PM
 #2

I'd like to see the price drop to sub $20k by the end of this year, especially if the hard core investors get spooked that their forecast gains don't materialize and it really is true a car manufacturer quietly dumped their bag over the side of a cliff.

A price range between $10,000 and $20,000 is more realistic for day to day transactions for real world purchases, but yes, sub $10,000 is ok with me.

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June 04, 2021, 01:47:20 PM
 #3

Hell if things go the way it does now, We might even see $1!

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June 04, 2021, 01:59:22 PM
 #4

Hell if things go the way it does now, We might even see $1!
That's unrealistic unless US create a huge shortage of USD in the market which is impossible. I can't think of any other reason to get down to $1.
You have a good strategy on buying for a possible dip, and it will happen for sure, the bottom will be hit but the real question is when and how much.
I can wait as I said above but I'm sure I'm buying before the next halving as halving will have an affect. Buying before the halving will be good I think.

What was the message in first block of last halving? Last chance to buy below $10k. That seems true message now.

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June 04, 2021, 02:01:06 PM
 #5

There is nothing not possible, but the possibility of bitcoin getting to $10000 is veey low, even getting to $20000 is possible but yet low, the $30000 support is strong and it has to break that first. Nobody will give you the best advice about this, you have your own decision to make, you want to hold because you want to gain, in the process of holding can be losses for some certain time period, but the long term period will be profitable.

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June 04, 2021, 02:45:01 PM
 #6

If btc will continue to fall on that price perhaps its now not holding above 30k, what i mean at that time when it experience a massive decline surely it will collapse constantly until it went down to that price in my personal opinion .. But see mate it keeps holding and keep trying to make a good progress above 30k everyday when i visit the market FYI,, seems stable in my view although sometimes it showing green.. For me perhaps it's impossible to happen..
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June 04, 2021, 03:22:51 PM
 #7

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?

I'm not sure btc can go down again below $20k, in fact I'm more sure btc will return to normal above $40k.
Because if bitcoin can fall below $20k, it is likely that other altcoins will be destroyed and they will have a hard time getting back up.

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June 04, 2021, 03:30:17 PM
 #8

I don't expect it but it's possible to see that price. Most of us could be wrong when manipulation is happening, some one big bad news, and people will begin to speculate until panic selling will happen. You know, at the current price of $30k+, it's easy to go down at $20k and at a lower price.

The market is very much unpredictable, so the answer to the question is obviously yes.

My question is, will you be happy if you will see a $10k price?

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June 04, 2021, 03:40:08 PM
 #9

Anything is still possible because bitcoin is a valuable asset because of the trust of its community. Institutional investor play an important role in this to make it up and down because they have considerable financial power. If the current institutional investor holding thousand of bitcoin choose to exit, then the price will drop further than we think. But in the near future I don't think the price will drop to $10K and maybe the price will stay above $20K-$30K until the end of the year. But who knows.

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June 04, 2021, 03:44:12 PM
 #10

Would you rather see bitcoin prices lower? I don't think bitcoin will still be at the top and now it's just a wave due to Elon's FUD, just now the tweet became controversial because the price dropped after Elon's tweet so this is confirmed to continue to experience correction and recover again but it won't take long for the market to remain unstable with the current situation.

If you want to invest lower it's better to wait until the bear market completely destroys it, because this no one knows so we can only speculate about the price and cannot determine whether it will happen or not.

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June 04, 2021, 03:54:54 PM
 #11

Really really highly unlikely in my opinion but it's definitely not outside the realm of possibility. If we'd ever reach that price again, I'm guessing it would be a few or a combination of these things:

1. A bear market (which is expected to come some time in the future)
2. A major exchange(Coinbase/Binance/etc) getting hacked
3. A major Bitcoin ban from a powerhouse country(US/Russia/Canada/Australia/etc)
4. Some classic FUD (I mean, they always exist)
5. Heavy regulations

One thing's for sure, if this day does come, I sure hope I have enough fiat to scoop up a lot of corns.

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June 04, 2021, 05:13:34 PM
 #12

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
How come you lost huge amount of money, i believe that you are talking about the potential gain you could have attained if you sold the coins at the all time high valuation, if not no one in the right sense will be selling the coins at a loss since you are around the market for a while. There is no point in getting disappointed thinking you missed out on a potential profit as the market could potentially reach those valuations again in the future.

So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?
Everyone will be dreaming about the price of Bitcoin going down to those valuation, i am expecting a blood bath after the final rally and i am expecting the market to come down around $20k or below, lets see how the market will perform in the next two years.
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June 04, 2021, 06:58:43 PM
 #13

Anything is still possible because bitcoin is a valuable asset because of the trust of its community. Institutional investor play an important role in this to make it up and down because they have considerable financial power. If the current institutional investor holding thousand of bitcoin choose to exit, then the price will drop further than we think. But in the near future I don't think the price will drop to $10K and maybe the price will stay above $20K-$30K until the end of the year. But who knows.

strong support at $30000 is still working, so there is still no significant movement going forward,
because this support is psychological support, so it will take more effort for whales if they want to break it,
from my point of view Bitcoin is still bullish so don't worry

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June 04, 2021, 07:17:07 PM
 #14

Everything is possible and we can think for the worst bottom as much as we want, from the last bear after hitting the $20k mark, we hit the bottom of $3k and now that we’ve made a new all time of $65k, $10k might be the worst bottom, we don’t know and I’m just open for every possibility. You have a good strategy on buying for a possible dip, and it will happen for sure, the bottom will be hit but the real question is when and how much.

Thinking how volatile the market of bitcoin is, this some sort of values is really not impossible. We might going to see bitcoin as higher as $60000 or as lower as $10000 is possible, but honestly seeing bitcoin as lower as $10000 is not yet the worst but it's a mixed emotion. You can finally get a chance to invest in bitcoin with that certain amount you have allotted to invest but also the chance that it may get bull again is undefine. Either you will going to wait for another 3 years for a bullish trend if it's true that history repeat itself or not. But one thing for sure I observe today is that bitcoin has a strong resistance for maintaining its market value above $30k.
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June 04, 2021, 07:27:55 PM
 #15

I've actually been waiting for sub-$30k in order to buy some for my own benefit. It seems like that isn't going to happen anytime soon, not unless some big guy drops bombs and the whole market reacts. There is a possibility of this happening considering that the huge investors that we have seen a few months ago buying in bulk are now shifting towards other assets that are currently more profitable than bitcoin. Them selling can easily create a domino effect, ending in a much lower price compared to where we are right now.

That $30k support is still solid as stone, but even rocks erode, and we'll see whether that will be breached in the next few weeks.

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June 04, 2021, 10:33:52 PM
 #16

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?
You said lost huge amount so you have sold your coins on current price? I'm still HODL my coins, didn't planned to sell it below than $50,000 or it will be worthless only. We were above $50k for more than 1 month, i don't think we must pessimist now and bitcoin won't ever reach $10,000
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June 04, 2021, 10:52:23 PM
 #17

On every dump, my problem is not the market itself but my buying power because I want to grab that opportunity to buy as much as possible because I know the trend already and this dump trend is not the end for cryptocurrency, we will surely rise again. If in doubt don’t buy, you have to convince yourself with numbers before buying because there’s always a risk on every decision that you’ll make.
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June 04, 2021, 11:53:52 PM
 #18

Does seem unlikely to me, one chart I drew seemed to suggest 15k might be possible as an extreme and if you want a long term measure of what's possible look at 200 week average which is still in this area.   However that doesn't happen very often so I wouldn't even expect it this year while we're falling, it'd take more then this to go that low hence its not that likely.
   To consistently fall is on balance as unlikely as those who think we will only go up, that too doesn't tend to happen continually.


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June 05, 2021, 01:04:05 AM
 #19

For me, it's impossible now. What I am basing are the all-time highs or previous bull run will act as their support.
So, if we check, the last bull run peak was around $19,000.
If ever  Bitcoin will see $10,000 again, and we assume $65,000 is the all-time-high, that is around -85%, which pretty awful for Bitcoin but then again, we already experience such huge losses but we still recover.

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June 05, 2021, 01:14:39 AM
 #20

It is possible for the bitcoin price to reach $10k, actually anything is possible to happen to cryptocurrencies. But if you look on the stats of bitcoin price i think that it will never reach $10k this year because of the pump that happens in its value, gradually its price drops down but it will surely goes up again.

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June 05, 2021, 04:47:45 AM
 #21

It is possible for the bitcoin price to reach $10k, actually anything is possible to happen to cryptocurrencies. But if you look on the stats of bitcoin price i think that it will never reach $10k this year because of the pump that happens in its value, gradually its price drops down but it will surely goes up again.
We can't really be sure that it won't reach this year, remember that bitcoin is a volatile and really susceptible to market manipulation so there is a likely chance that bitcoin might go down there, we just have to wait for it to happen and if it never does then thank the market.

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June 05, 2021, 05:01:47 AM
 #22

It is possible for the bitcoin price to reach $10k, actually anything is possible to happen to cryptocurrencies. But if you look on the stats of bitcoin price i think that it will never reach $10k this year because of the pump that happens in its value, gradually its price drops down but it will surely goes up again.
We can't really be sure that it won't reach this year, remember that bitcoin is a volatile and really susceptible to market manipulation so there is a likely chance that bitcoin might go down there, we just have to wait for it to happen and if it never does then thank the market.
a lot of people expect btc to go down at 10k is there a good thing for us as investors or is the decline in btc at the lowest price a threat to future crypto developments?
now we are in a dangerous environment for the survival of crypto itself.

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June 05, 2021, 05:23:57 AM
 #23


you are not the only one who is prepping for BTC going further south. you'd gonna have to wait for more fud again against miners, it's them that sells high so if they turn to renewable, they may try selling cheaper. $10K however could be too low to imagine but it's possible. the market is very unpredictable, you can't tell if the holders really value their BTC.









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June 05, 2021, 05:56:49 AM
 #24

Nope I don't think that we would see it happens but if it does then we better get our wallets ready for it.
I don't even think that we could see it below $20K anymore but I could also be wrong about it.

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June 05, 2021, 06:38:24 AM
 #25

Although not certain, I personally think it's a small possibility, it's a very remote possibility of going back to 10k, it's clearly visible at 20k and above for the long term I guess.
I can say that in terms of price movements from time to time from the previous year as well, but after all we have to remember that it moves very naturally.
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June 05, 2021, 01:00:21 PM
 #26

We aren't sure yet but given how bitcoin can go from 60k to 30k, there is a likely chance that we will see bitcoin at 10k but there isn't anything to fret about it since that's a really good opportunity to buy bitcoin.

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June 05, 2021, 01:11:31 PM
 #27

If this comes to happen then i will be the first to rejoice because 1/3 of my previous investments are now sitting as USDT meaning I'm waiting for chance like this to buy more again and i intentionally maintain holding the amount for buying iny the lowest price Bitcoin can be in the next months or even year.
I know that it will fall again and rise in after the halving so what is it for me to deny the chances right?

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June 05, 2021, 01:42:26 PM
 #28

Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.

Never say never when it comes to Bitcoin, but you still need to ask yourself, what are the odds that the price will fall so low? As some others have already written, something very bad should have happened that would shake up the crypto market, but then again you have a problem with how long it would take for the market to recover. In other words, your investment could be completely unprofitable for a long time, especially if a crypto winter like the one in 2018 happened.

I don't want to be a financial advisor, every man has to decide what he wants to do with his money - I'll just say that some opportunities are given once in a lifetime, and waiting for them to happen again turns into irretrievably lost time.

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June 05, 2021, 02:21:55 PM
 #29

Man, $20k is like the $1,000 in the 2018 bearish market. Though it's not impossible, but the chances are very low.
Due to institutions coming in to the market, It seems like Btc won't go below the last ATH's level. Despite of the bad new from China's Bitcoin miners and Elon's tweet, Bitcoin still retained the $30,000 level.

R


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June 05, 2021, 02:58:52 PM
 #30

Everything is possible and we can think for the worst bottom as much as we want, from the last bear after hitting the $20k mark, we hit the bottom of $3k and now that we’ve made a new all time of $65k, $10k might be the worst bottom, we don’t know and I’m just open for every possibility. You have a good strategy on buying for a possible dip, and it will happen for sure, the bottom will be hit but the real question is when and how much.
I believe it is crypto we could also be 1 dollar or 1 million dollars and it is "possible" if you look at the technical part of it. However I do not believe that we are going to reach to those levels at all, do you believe we can be 1 dollar or 1 million dollars? At the end of the day, we are not going to have anything like that, we are going to just have something more reasonable.

Now I know 10k is not as insane as 1 dollar, but it is still low, and I do not think that it is possible to reach that level anymore. We are doing fine, Elon is trying to drop the price as much as he can, just as we reached to 40k levels he definitely started to tweet just to drop it, he had absolutely no other reason, he just wants to see it go down, and that is why he did it, no other reason. However eventually people will stop caring about him and increase the price for sure.

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June 05, 2021, 04:12:35 PM
 #31

Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below?
I do not think that you will ever manage to get anything below $30k at least. I like to suggest you to buy at current price levels and you may wait for buying around $33k to $32k levels. Buying at any price levels will not disappoint you in long run and due to this, I am just wondering why you are looking for some highly impossible price levels like $10k.

If I remember correctly, I have seen similar topics in 2017 where people were ready to buy below $500k levels but bitcoin market never gave them any opportunity to buy below $900 levels but made them wait infinitely.

Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?
In 2022, as per cycle of bitcoin markets, we may get 70% downfall from ATH of 2021. You may get lower price by December of 2022 but before that in December 2021 you may get a new ATH which might be 10x from current price levels.
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June 05, 2021, 04:31:24 PM
 #32

~
a lot of people expect btc to go down at 10k is there a good thing for us as investors or is the decline in btc at the lowest price a threat to future crypto developments?
now we are in a dangerous environment for the survival of crypto itself.
That bitcoin survival is on a thread is a bullshit created to create a general anxiety among the market to doubt bitcoin which slows down the growth of bitcoin. Even if bitcoin were to go down as low as 10k USD, it doesn't matter because in the long-term, bitcoin is going to grow even bigger than what it is right now.

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June 05, 2021, 04:54:56 PM
 #33

If 65K was the top then we will most likely see 10K or even less at some point before the next recovery and ATH.
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June 05, 2021, 05:02:33 PM
 #34

Man, $20k is like the $1,000 in the 2018 bearish market. Though it's not impossible, but the chances are very low.
Due to institutions coming in to the market, It seems like Btc won't go below the last ATH's level. Despite of the bad new from China's Bitcoin miners and Elon's tweet, Bitcoin still retained the $30,000 level.
Bitcoin is now stronger than last year's history for me this has been a good impact after many institutions have entered the bitcoin space including Elon Musk's business companies before him.
I even believe there must be a bear market every year but this time bitcoin is stronger mentally with many FUD accusations against him including Elon's tweet that damaged the bitcoin price because of his tweet even CZ saw Elon very dangerous if he did this continuously.
$30k will continue to be held, the community believes this is a strong prisoner.

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June 06, 2021, 07:39:36 AM
 #35

I am not sure if we will see BTC below $10k because we already knew that BTC could move to any price without giving a sign to us.
I can only suggest you buy BTC for a small amount and do not buy a large amount of BTC at once because you need to anticipate buying more BTC if the price is down later.
Waiting for BTC to reach $20k is good, but we do not know if that can really happen or not.
So I think you can buy BTC in the next drops for some amount while you can wait for other drops so that you can add more BTC to your wallet.
Or you can use some money to trade, but no need to make many trades.
You can only buy low and sell high and take profit, and I think that will no need to trade too often.

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June 06, 2021, 08:27:06 AM
 #36

if many people considering instant buy at $20000 below then $10000 simply not possible. Too much resistance along the way because bitcoin is deemed to really have a value and it certainly is have value.
Just imagine what's those institution gonna do if btc touches below that? they gonna buy in bulk and making the market recover almost instantly because no one is crazy enough to miss the opportunity like that.
But anything is possible right? in crypto market.

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June 06, 2021, 12:49:39 PM
 #37

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?

Don't wait for the $10k buy it now when there is an opportunity, that $10,000 USD is long gone and I really think it will never be reached in this bear market I am seeing that $35,000 and $37,000 or even $30,000 is the actual floor, from that last bull run you should have accumulated some profit then I think that is already good if you have lost an amount due to the dip, just forget about it and move on and wait for another bull run cycle, In my opinion, the last All-time high was $56,000 USD and beyond that is a good selling time, but if you did sell always sell a small portion you may never know how high can bitcoin go in its next bull run.
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June 06, 2021, 01:12:45 PM
 #38

Last March, we saw Bitcoin drop to just about 16% of its then all time high of 20k.

If 65k is what we take as the current ATH then yeah even below 10k is still possible. If we expect all cycles to behave the same way which they don't really.

Shouldn't worry us, though. Saw the bounce after last Marh?

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June 06, 2021, 06:16:05 PM
 #39

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?
I do not see 10k happening every again, not just now, not in the future, I do not expect that price to ever happen again, it is really not something that I would be expecting, it is over and it will not happen again. Let's get serious about it, we are talking about just 50% drop and THEN another 60%+ drop on top of that, it would be insane drop that I do not see happening at all.

I understand that we had a good amount of drop and people are expecting a 2018 type of drop, but there is no way that we could end up with anything like that right now, it could be very bad, but it will not be that bad, it will probably be under 30k and that's it, there won't be anything further down. Hell it is not even going under 30k neither, we had the drop and thats it, we are not going down anymore, which is why I think it is not going to be anything like 10k at all.
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June 06, 2021, 07:10:40 PM
 #40

I believe there is more chance of price dropping low to 20k in the falling years. This is not based on the demand/supply. I'm stating this based on the whales manipulation. Slowly large corporates and business people have started to accumulate as many bitcoins. With this there arises an situation where the greedy hands competing hard for accumulation. By the time they will crash hard against each other.
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June 06, 2021, 09:02:29 PM
 #41

If OP really believe bitcoin will be $20k and $10k maybe it can happen but in smaller possibility. If me i will use 10% from my capital and then the rest if when bitcoin price dumped. But i think if dumped maybe $21k and for $10k will need long time or big bad news for bitcoin price itse.f

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June 06, 2021, 09:07:53 PM
 #42

if many people considering instant buy at $20000 below then $10000 simply not possible. Too much resistance along the way because bitcoin is deemed to really have a value and it certainly is have value.
Just imagine what's those institution gonna do if btc touches below that? they gonna buy in bulk and making the market recover almost instantly because no one is crazy enough to miss the opportunity like that.
But anything is possible right? in crypto market.

In this market, everything is possible but we also need to check it realistically. Can btc really fall down to $10k level? So many institutions and other entities that are already into btc, and yes, if that will happen, all these big organizations will just buy it in bulk and can increase its price very fast. In my opinion, maybe 20k is possible to happen but 10k, the chance of going down to that level is very low.
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June 07, 2021, 08:40:24 AM
 #43

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?

Time in the market beats timing the market.

Start DCAing now with around 2% of your total portfolio allocation towards crypto each week so that you cover around a year's worth of prices through your purchases over time.

I highly doubt that prices will ever go back to $10k for a sustained amount of time, although it is possible. The fundamentals are simply too robust right now, with such high levels of institutional adoption for prices just collapse overnight like that. You should seize the opportunity of being able to buy coins at sub-$50k levels while it lasts, as it could go north very quickly as well.
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June 07, 2021, 09:35:33 AM
 #44

Its not impossible but the chances of it to happen are very low.
I still believe that the last time we saw Bitcoin at the $10,000 price last September-October 2020 will be the last time that we will see it at that price.

Base on a quick glance on the charts, $20,000 will be the very strong support since it is the resistance that we have in 2017. A very huge resistance that must be break before we see it to $10,000. For me, even the $20,000 price of Bitcoin will not happen but we know in crypto anything can happen. The best thing is to just be ready if the worst case scenario will happen Smiley

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June 07, 2021, 09:51:42 AM
 #45

Everything is possible. At the moment chances to see 10k are higher than to see 100k. We at 36k and there is no volume and interest, even though Bitcoin is oversold. That's not good.
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June 07, 2021, 10:13:17 AM
 #46

I think bitcoin are about to fall but i don't even think that it will fall down to 10k$ again. Maybe we will posibly see it at the 20k$ if it will fall and if it will rise maybe it will reach 100k$, but this is just an speculation bitcoin price will still depend on market, buyers and sellers has a big contribution of the changing of the bitcoin price in market so i think we cannot predict present price people has different strategy and they have different limit on when to sell or buy.

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June 07, 2021, 11:34:20 AM
 #47

I think bitcoin are about to fall but i don't even think that it will fall down to 10k$ again. Maybe we will posibly see it at the 20k$ if it will fall and if it will rise maybe it will reach 100k$, but this is just an speculation bitcoin price will still depend on market, buyers and sellers has a big contribution of the changing of the bitcoin price in market so i think we cannot predict present price people has different strategy and they have different limit on when to sell or buy.
As for how the market looks this time, I have to agree that $10k is unlikely to happen. We possibly not seeing it anymore if there is consistency in the market volume. I even have to say that it was likely impossible that have another bear season but just to keep the current market position. But of course, can't assure of everything as we all know how unpredictable we are. We can't stop the price swing, dumps could be somewhat inevitable so maybe we wouldn't be confident enough, I think.

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June 07, 2021, 12:16:12 PM
 #48

IMO, the bitcoin price will probably continue to grow from now on. maybe $10k is still so close, and still has a lot of potentials to dump down to that price. however, I think for the moment, the bitcoin price is probably more in the direction of price development than down. Well, we can see that the bitcoin price has dumped and is in the $35k range, but it's still quite expensive for bitcoin. however, for the next 1 or 2 years, we probably won't see the bitcoin price in the $10k range.

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June 07, 2021, 12:19:39 PM
 #49

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?
If does then lets celebrate ahead mate  Grin

Imagine my funds that converted to USDT amount 60k per btc will be at 10k per btc rate if this happens?

Looking forward for this to happen soon.

Everything is possible. At the moment chances to see 10k are higher than to see 100k. We at 36k and there is no volume and interest, even though Bitcoin is oversold. That's not good.
lol that's not a good point mate , Bitcoin is still on Bull ..

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June 07, 2021, 03:40:17 PM
 #50

Its not impossible but the chances of it to happen are very low.
I still believe that the last time we saw Bitcoin at the $10,000 price last September-October 2020 will be the last time that we will see it at that price.

Base on a quick glance on the charts, $20,000 will be the very strong support since it is the resistance that we have in 2017. A very huge resistance that must be break before we see it to $10,000. For me, even the $20,000 price of Bitcoin will not happen but we know in crypto anything can happen. The best thing is to just be ready if the worst case scenario will happen Smiley
Everything in crypto prices can change at any time even if it's in the near future, but for me it won't happen and we have gone through bad things where the base price has been reached, now we know how strong investors are who have supported that much btc of course they have a stronger prediction of bitcoin which will be more expensive later.

2021 is something new bitcoin has grown rapidly at $30k even though we feel the price is very low because we have experienced a price as high as 64k that's what we have to observe even though resistance may be bad but I believe investors will maintain it.

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June 07, 2021, 04:38:47 PM
 #51

Everything is possible. At the moment chances to see 10k are higher than to see 100k. We at 36k and there is no volume and interest, even though Bitcoin is oversold. That's not good.
lol that's not a good point mate , Bitcoin is still on Bull ..

I am pretty bullish as well. But the main sentiment is pretty bearish. For me, this will be a bearish sideways summer. And then a rally at the end of the year. Many think like this. But as we know, Bitcoin always does what nobody expect.
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June 07, 2021, 04:42:48 PM
 #52

IMO, the bitcoin price will probably continue to grow from now on. maybe $10k is still so close, and still has a lot of potentials to dump down to that price. however, I think for the moment, the bitcoin price is probably more in the direction of price development than down. Well, we can see that the bitcoin price has dumped and is in the $35k range, but it's still quite expensive for bitcoin. however, for the next 1 or 2 years, we probably won't see the bitcoin price in the $10k range.
I hope that prediction will not happen. I can not imagine what will happen to people, especially new people who do not have much experience with bitcoin. They will panic and I am afraid that will be mass panic and mass selling from those people. But if the price still goes down, I hope the price will not go down below $30k and slowly recover and lift the price. This time, we see the sideway moment from bitcoin because the price is not up and down too much, but I think we need to be prepared for anything.

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June 07, 2021, 05:36:39 PM
 #53

It's good idea to hold usdt to buy the valuable coin like bitcoin.But it won't reduce below the value of 10k dollars again. You should think wise and it won't back to old values.You should buy at less price and sell at pump.Then you will get some good profit from that trading.Instead of thinking for a longer period, just decided it now. Buy the bitcoin with your holding money.I am sure, you get good profit.

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June 08, 2021, 07:05:30 AM
 #54

If OP really believe bitcoin will be $20k and $10k maybe it can happen but in smaller possibility. If me i will use 10% from my capital and then the rest if when bitcoin price dumped. But i think if dumped maybe $21k and for $10k will need long time or big bad news for bitcoin price itse.f
we will see its possibility could realized or not. monthly chart looks so bearish and in few months we will see bitcoin in consolidation area.
  Based on my analization with regards to price from past tell now I think we are in a bear market, but i also see that the posible rising of price may happen anytime, we are just predicting so there is no exact prediction for now, we need to wait a few weeks and monitor the market.

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June 08, 2021, 07:59:35 AM
 #55

If OP really believe bitcoin will be $20k and $10k maybe it can happen but in smaller possibility. If me i will use 10% from my capital and then the rest if when bitcoin price dumped. But i think if dumped maybe $21k and for $10k will need long time or big bad news for bitcoin price itse.f
we will see its possibility could realized or not. monthly chart looks so bearish and in few months we will see bitcoin in consolidation area.
  Based on my analization with regards to price from past tell now I think we are in a bear market, but i also see that the posible rising of price may happen anytime, we are just predicting so there is no exact prediction for now, we need to wait a few weeks and monitor the market.
Even we are in the bear market, that does not mean bitcoin will go down to below $20k or even reach $10k as many big companies and people already invest in bitcoin.
But I could be wrong as bitcoin can go to any price, and once the price move, it can make people panic, especially if the bitcoin price drops too deep.
We want to see a bitcoin price increase, and that will happen later, although we could only wait for that time and still buy more bitcoin from now on.
We need to see what will happen this month, and if the price still does not move to a low or high price, we do not have to worry because bitcoin will start a rally in the future.

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June 11, 2021, 11:23:37 PM
 #56

Anything is possible with Bitcoin. The market can get flipped on the side of bullish trend or it can crash drastically in very short time period. None could've thought of Bitcoin reaching close around $30k from this year's ATH value. Now it has happened, and the Market hasn't turned completely bullish. This makes me believe that there is more chance of bitcoin dropping low to $10k someday. Another thing, it is in the hands of common users. Whales try to manipulate, and we the users should fall as a prey for it.

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June 11, 2021, 11:43:49 PM
 #57

$10k per Bitcoin for now is too early to discuss, because it won't happen in this short term or this long term,
bitcoin is still on a bullish path, of course $10k is just a rumor without any solid evidence pointing there ,
I hope you don't spread FUD too deep again



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nurilham
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June 11, 2021, 11:47:54 PM
 #58

Will we see BTC $10k anytime soon? Maybe in next year or in 2023?
I don't think BTC will drop again to $10k. The new ATH of BTC is about $64k, it is very far from the ATH in 2017. We cannot make the same situation with the previous bullrun, so I believe the lowest price in the next bearish phase should be higher than $10k. Moreover, if BTC can make another ATH at the end of this year. Once it reaches $80k, I assume the lowest price in the upcoming bearish may be just about $15k - $20k, not lower than $15k. However, it is just my guess as a newbie BTC investor.  Cheesy

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mhine07
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June 12, 2021, 12:18:51 AM
 #59

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?
Just wait who knows what will happen in the future of bitcoin price, maybe its possible to drop bitcoin price around $10k or even lower. Just like what happens before when bitcoin price drops, those who bought then gain more profits when bitcoin price gies high this year. Thus bitcoin is more profitable in long term and best to invest in long term.

judaspriest
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June 12, 2021, 11:45:02 AM
 #60

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?
Just wait who knows what will happen in the future of bitcoin price, maybe its possible to drop bitcoin price around $10k or even lower. Just like what happens before when bitcoin price drops, those who bought then gain more profits when bitcoin price gies high this year. Thus bitcoin is more profitable in long term and best to invest in long term.
hopefully Bitcoin can stay above $30k, yes even though there is a decrease it is natural,
because Bitcoin has also gone up thousands of percent since the beginning of the year, the whales will also definitely take the profit,
and wait for the low price to return, but if $30k breaks, then the decline terrible thing will happen again for the second time

Wawa2013
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June 12, 2021, 12:06:59 PM
 #61

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?
Just wait who knows what will happen in the future of bitcoin price, maybe its possible to drop bitcoin price around $10k or even lower. Just like what happens before when bitcoin price drops, those who bought then gain more profits when bitcoin price gies high this year. Thus bitcoin is more profitable in long term and best to invest in long term.
hopefully Bitcoin can stay above $30k, yes even though there is a decrease it is natural,
because Bitcoin has also gone up thousands of percent since the beginning of the year, the whales will also definitely take the profit,
and wait for the low price to return, but if $30k breaks, then the decline terrible thing will happen again for the second time

I as a Bitcoin holder have the same hope as you, that I hope Bitcoin can stay above $30k. Because it is very dangerous if Bitcoin falls for
the second time below the $30k price, this can panic some Bitcoin holders. But I believe many institutions are buying Bitcoin above $30k
and they are investing in Bitcoin for the long term. This should make the $30k support price not easy to pass, especially if we look at the last
few weeks Bitcoin is trying to rise above the $40k price. So if Bitcoin manages to get past the $40k resistance, I am optimistic that the price of
Bitcoin will rise even higher and there is a possibility that it will return to prices above $50k. So the conclusion is that Bitcoin will not go down
again to the price of $10k this year.

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sarmrakib
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June 12, 2021, 03:07:49 PM
 #62

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?
Just wait who knows what will happen in the future of bitcoin price, maybe its possible to drop bitcoin price around $10k or even lower. Just like what happens before when bitcoin price drops, those who bought then gain more profits when bitcoin price gies high this year. Thus bitcoin is more profitable in long term and best to invest in long term.
market always an uncertain place .No one knows what will happen .We can just predict it .However the market has raised enough i think it will not drop your level once again soon .The next world will be on crypto thats why btc will be more valuable .You can just put your money if you want to be a great future cause its still low in price mate .

Kittygalore
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June 12, 2021, 03:10:20 PM
 #63

I really want that to happen because I think that it will be a great filter for people who will probably have a wavering faith in the price of bitcoin and also that makes me have a chance to buy more bitcoin at a much lower price.
serjent05
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June 12, 2021, 05:58:27 PM
 #64

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?

There is a possibility.  After the Bull season according to the Bitcoin chart, there is a tendency for the Bitcoin market to crash more than 80%.  So I guess there is a chance to fulfill your wish of buying Bitcoin at $10k apiece.  Though I think you have to wait for some years for that and not anytime soon.

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Oilacris
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June 12, 2021, 07:10:33 PM
 #65

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?

There is a possibility.  After the Bull season according to the Bitcoin chart, there is a tendency for the Bitcoin market to crash more than 80%.  So I guess there is a chance to fulfill your wish of buying Bitcoin at $10k apiece.  Though I think you have to wait for some years for that and not anytime soon.
Basing off with several factors in terms of;

-adoption
-recognition
-application
-awareness
-Bigger supports

Do you really think that it could possibly drop off on 80%? Nothing is impossible within this market but its just
hard to believe if you do just tend to base those things i had mentioned above.

ILuckyGuyI
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June 12, 2021, 07:17:00 PM
 #66

I think that it seems really hard to see the price at 10k. Even for 20k dollars, there should be another negative news which can be affective on the price at a high rate. Because the price has come to these levels because of many FUDs.

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erep
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June 12, 2021, 07:24:04 PM
 #67

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?
I'm not sure in the near future or this year bitcoin will drop drastically to reach $10k, bitcoin is indeed on the decline but don't speculate too much because it's unlikely to happen and better take this moment to buy some at a cheaper price.

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June 12, 2021, 07:46:33 PM
 #68

I as a Bitcoin holder have the same hope as you, that I hope Bitcoin can stay above $30k. Because it is very dangerous if Bitcoin falls for the second time below the $30k price, this can panic some Bitcoin holders. But I believe many institutions are buying Bitcoin above $30k and they are investing in Bitcoin for the long term. This should make the $30k support price not easy to pass, especially if we look at the last few weeks Bitcoin is trying to rise above the $40k price. So if Bitcoin manages to get past the $40k resistance, I am optimistic that the price of Bitcoin will rise even higher and there is a possibility that it will return to prices above $50k. So the conclusion is that Bitcoin will not go down again to the price of $10k this year.
Bitcoin going down is not really dangerous, we went from 20k to nearly 3k in the last run, that means we needed x7 just to break even if you bought at the top price (if you did dca then you would have been doing better), and you know what?

We didn't do just x7, we did x21 higher from that bottom, so from the last ATH to its bottom it was very low, but from the last bottom to newest ATH we were x21, I am not saying we will have another x21 after the bottom but all I am saying is that do not be afraid of the bottom because that is something that helps people a ton, and as long as you can find the bottom, or even if you do not find it, if you keep buying at lower levels like this as much as you can afford to, that means in the future when it goes up again you are going to end up profiting again. Which is why drops are not scary, they are just like a bow where you draw it back but then you let it go and it goes very further.

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June 12, 2021, 10:33:03 PM
 #69

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?
You are trying to catch the bottom and while there is nothing wrong with that at the same time this is something that almost no one can do, also for the price to crash that hard we will need a situation similar to what we saw at the end of 2017 and I simply do not see it especially when the growth this time around was way slower and not as extreme, so in my opinion you are expecting for a price that we may never see and you may miss an opportunity to buy bitcoin cheap before we hit 6 figures during this year.
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June 12, 2021, 10:56:25 PM
 #70

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?

Right now the market trend is going down but not as fast as what floor buyers are wishing to happen you'll have to wait a few more months to see it will go further, the best method is to buy a small portion for every big drop like buying 10% when it hit $32k we never know the floor price, the market could make a big switch anytime, at least you bought when the market is down, instead of waiting with uncertainty.
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June 12, 2021, 11:00:35 PM
 #71

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?

Right now the market trend is going down but not as fast as what floor buyers are wishing to happen you'll have to wait a few more months to see it will go further, the best method is to buy a small portion for every big drop like buying 10% when it hit $32k we never know the floor price, the market could make a big switch anytime, at least you bought when the market is down, instead of waiting with uncertainty.

That is actually a good move. Because if you are just waiting to drop it below 20k or so, you may just be waiting in vain. So why not take advantage of the opportunity when the price is near 30k? Because from the looks of it, there is a very strong support above 30k level. I don't think we will go down as low as $10k but everything is possible to happen. Just make sure to keep up with the market and possible factors that may influence its price.
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June 12, 2021, 11:59:08 PM
Last edit: June 13, 2021, 12:10:33 AM by STT
 #72

Depends how impatient people are because 10k scenario to me sounds alot like volatility, instability impatience and fear.  A price on any one day can be extreme, basically an imbalance which doesnt exist or dissipates in due course.     China being communist and banning free thought isnt enough to create that amount of fear imo, but all kinds of doubts and negatives accumulating and the very natural action of speculative leverage unwinding, thats almost a transferable recognizable reaction from every commodity market not really a crypto thing exclusively.
   My very bottom pricing that I've tried to estimate was around 15k, just old trends but the easiest way to reach extreme negatives in some guided estimation is with reference to the 200 week average.   That would appear to make 10k highly improbable but a price in one day isolated is not considered accurate in the same way 5 mins spikes down dont have to mean anything overall.

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June 13, 2021, 05:51:47 AM
 #73

I think the current bitcoin price floor and in the next few years is at $30k because we've seen it for ourselves in the last few weeks that bitcoin is being tested at $30k and has never broken through to $20k.
so if it's going to $10k I think it will be very difficult, the bitcoin floor seems to have been fixed at the price of $30k until the upcoming halving event, but it's possible that the bitcoin price this year can reach even higher than the ATH it has achieved

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June 13, 2021, 06:00:56 AM
 #74

I think that it seems really hard to see the price at 10k. Even for 20k dollars, there should be another negative news which can be affective on the price at a high rate. Because the price has come to these levels because of many FUDs.

The Institutional investors are those keeping the price above $30k, if you notice majority bought within that range, if they're to panic which is unlikely unlesutgey get an inside information of a ban coming then you'll see the market going down and probably reach the target of the OP.

The cryptocurency world is a different one, everything is possible here. Look at what dogecoin did anybody think the impressive gains were that possible, same with bitcoin. It'll just take few very strong simultaneous fud to push the price even below $10k. Just refresh your memory to the last fud which was the pandemic, no assets was able to restand the economical breakdown.

Lets just hope something similar isn't ahead of us then just maybe we can hold a very strong support above the $20k price mark until positive news will come drive the price higher.

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June 13, 2021, 06:50:31 AM
 #75

I think the current bitcoin price floor and in the next few years is at $30k because we've seen it for ourselves in the last few weeks that bitcoin is being tested at $30k and has never broken through to $20k.
so if it's going to $10k I think it will be very difficult, the bitcoin floor seems to have been fixed at the price of $30k until the upcoming halving event, but it's possible that the bitcoin price this year can reach even higher than the ATH it has achieved
I still can't believe that bitcoin could go down to $10k. saw some big companies that still hold bitcoin, Tesla, MicroStrategy even continued to increase their bitcoin assets a few days ago. maybe if these big parties change their mind and sell their bitcoins, i'm sure bitcoin will go down drastically, but for now it's almost impossible for bitcoin to fall to $10k
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June 13, 2021, 09:52:49 AM
 #76

I think that it seems really hard to see the price at 10k. Even for 20k dollars, there should be another negative news which can be affective on the price at a high rate. Because the price has come to these levels because of many FUDs.

The Institutional investors are those keeping the price above $30k, if you notice majority bought within that range, if they're to panic which is unlikely unlesutgey get an inside information of a ban coming then you'll see the market going down and probably reach the target of the OP.

The cryptocurency world is a different one, everything is possible here. Look at what dogecoin did anybody think the impressive gains were that possible, same with bitcoin. It'll just take few very strong simultaneous fud to push the price even below $10k. Just refresh your memory to the last fud which was the pandemic, no assets was able to restand the economical breakdown.

Lets just hope something similar isn't ahead of us then just maybe we can hold a very strong support above the $20k price mark until positive news will come drive the price higher.

In the shorter-term view, we can see the price has bouncing between the $32k and $39k price level which seems to be a trend, as price has been maintaining this levels for quite a while. It is also worth noting price has hit the $32k-$33k level on four separate occasions and bears have never broken the $30k level support. The negative sentiment from the early part of the month has clearly reversed. While this could be a bull trap, the level of risk is rather low. There is strong bullish pressure underneath the surface and I expect the price to catch up in the coming months.

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June 13, 2021, 10:41:23 AM
 #77

I think the current bitcoin price floor and in the next few years is at $30k because we've seen it for ourselves in the last few weeks that bitcoin is being tested at $30k and has never broken through to $20k.
so if it's going to $10k I think it will be very difficult, the bitcoin floor seems to have been fixed at the price of $30k until the upcoming halving event, but it's possible that the bitcoin price this year can reach even higher than the ATH it has achieved
I still can't believe that bitcoin could go down to $10k. saw some big companies that still hold bitcoin, Tesla, MicroStrategy even continued to increase their bitcoin assets a few days ago. maybe if these big parties change their mind and sell their bitcoins, i'm sure bitcoin will go down drastically, but for now it's almost impossible for bitcoin to fall to $10k

Yep but erase tesla on the list if you talk about accumalators since they try to manipulate the market and its not healthy for us to see more unpredictable or controlled market. But since we can see the price playing at the current level. I also don't believe that we can see more deeper than this current value maybe 20k$ is quitr near but 10k is quite impossible.

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June 13, 2021, 12:31:11 PM
 #78

if you wait until the bitcoin price reaches $10k or $20k, it's best to use the money you have elsewhere, especially if you are targeting 2023. To be honest, choosing to invest at the right time is good enough, but we don't know when that will happen. I'm pretty sure people's speculation will lead to hopes for bitcoin prices to rise again. however, the potential for hitting a $10k or $20k price tag exists, but I think it would take quite a bit of news to make the bitcoin price crash.

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June 13, 2021, 12:57:46 PM
 #79

I have got some amount from the last bull. It was a great journey although I had lost huge amount at the end. Now, I'm only holding USDT and planning to utilize the money for buying BTC long term.
Will we ever see BTC below $10k? Actually I'm waiting for BTC to reach $20 so that I can invest my 50% and later on if price fall further, another 50%. But what if it doesn’t go such below? I will miss the potential gain.
So, what do you think? Will we see BTC $10k anytime soon? Maybe in next year or in 2023? Or I should start DCA right now?
In as much as anything can happen in crypto currency, I don't believe Bitcoin market value can fall down to like $20 or do you mean $20k? If you really mean $20 before you can buy with 50% of your capital then you will till eternity.

$20 is impossible but $20k is possible. As the bearish sentiment continues, it's never impossible to see a cheap price as we witnessed in the past. We have already witness the bull run, whales played well and take profit, now it's time for correction and we accumulate while waiting for the next bull run.

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June 13, 2021, 03:21:59 PM
 #80

if you wait until the bitcoin price reaches $10k or $20k, it's best to use the money you have elsewhere, especially if you are targeting 2023. To be honest, choosing to invest at the right time is good enough, but we don't know when that will happen. I'm pretty sure people's speculation will lead to hopes for bitcoin prices to rise again. however, the potential for hitting a $10k or $20k price tag exists, but I think it would take quite a bit of news to make the bitcoin price crash.
Is it really expected more with a decrease of 10k then want to buy it, then after this is achieved is there no doubt bitcoin will fall again? surely everyone wants to buy low but in reality it's not possible because anxiety is definitely there and it's best to do it now and find out later, well that's where the bitcoin potential is much better than anything else, even if it takes bad news to drop right bitcoin but now it doesn't feel like it will work and the community knows much better how to keep the price at the current price.

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June 13, 2021, 03:28:02 PM
 #81

But since we can see the price playing at the current level. I also don't believe that we can see more deeper than this current value maybe 20k$ is quitr near but 10k is quite impossible.
The support is very weak from below $30,000 to $24,000 and if the support around $24,000 is broken, a flash crash, another horrific crash, will sink the price to $19,000. Price will probably be hanging around $24,000 to $27,000 before it crashes.

It is the possibility for the market in this chaotic (with FUD) and high volatile period. I am not Bitcoin Bear, I am bullish with Bitcoin till the end of this year at least, for this big bull run.

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June 14, 2021, 09:51:24 AM
 #82

But since we can see the price playing at the current level. I also don't believe that we can see more deeper than this current value maybe 20k$ is quitr near but 10k is quite impossible.
The support is very weak from below $30,000 to $24,000 and if the support around $24,000 is broken, a flash crash, another horrific crash, will sink the price to $19,000. Price will probably be hanging around $24,000 to $27,000 before it crashes.

It is the possibility for the market in this chaotic (with FUD) and high volatile period. I am not Bitcoin Bear, I am bullish with Bitcoin till the end of this year at least, for this big bull run.

But people should be happy now because bitcoin is now trying to break the $40k level, we have some good pump today and the current price is already at $39k, this is a test to break the resistance, let's see if this time bitcoin will be successful, or it will be another failed attempt.

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June 14, 2021, 04:12:49 PM
 #83

I don't think I'll ever look back at the $10k bitcoin price.
bitcoin has gone through this tough time more than 10 years ago and some investors have had pretty good experience in the market, it feels like $20k will be a lot more big companies investing into bitcoin and raising the price back to break through ATH.
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June 14, 2021, 06:07:12 PM
 #84

In all seriousness... Did you guys ever check a weekly/monthly Chart of BtcUsd? If so, you would know that a 90% correction is nothing special for Bitcoin. I know, most of the hodlers dont want to hear that, BUT I think the price will drop dramatically. I know... "This time everything is different"... But then again, why should it be? I am holding my BTC so I dont care. but If Price drops below 20k, I will accumulate more. If price decides to go below 10k, I will get as much money as possible from wherever I can get it, and then buy the shit out of BTC. If this does not happen, well, I am still making good money. So whatever happens, I am happy Cheesy
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June 14, 2021, 06:16:23 PM
 #85

I can only imagine and seeing the current market situation this is possible but whatever happens, bitcoin will go higher than before in long term. I always trust bitcoin and been a supporter, If it goes to 10k I will surely hold some.

Regards
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June 14, 2021, 06:22:16 PM
 #86

I can only imagine and seeing the current market situation this is possible but whatever happens, bitcoin will go higher than before in long term. I always trust bitcoin and been a supporter, If it goes to 10k I will surely hold some.

Regards
Time will tell. If it goes 10k for sure that's capitulation for most of retail investors but for hodlers and believers that's a huge discount and opportunity but I doubt if we ever touch that again in short amount of time. We go higher, get that law of attraction comes into play.
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June 14, 2021, 06:40:28 PM
 #87

I can only imagine and seeing the current market situation this is possible but whatever happens, bitcoin will go higher than before in long term. I always trust bitcoin and been a supporter, If it goes to 10k I will surely hold some.

Regards
Time will tell. If it goes 10k for sure that's capitulation for most of retail investors but for hodlers and believers that's a huge discount and opportunity but I doubt if we ever touch that again in short amount of time. We go higher, get that law of attraction comes into play.
Expecting it is a very difficult part, especially if we expect a bigger discount with a 10k claim, we will definitely hold on to it. What if the situation is really bad at 10k, is this still a belief that it will rise again?
If it goes back to the lowest price then it will worsen the situation even I don't imagine how the institution will release its acquisition of bitcoin which is getting weaker when what they expect is to fly high with its stability.

R


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June 14, 2021, 06:43:21 PM
 #88

If you really want to trade, then the best confirmed strategy right now is to sell everything asap and then buy back in at around $1,000. You can ride the bounce to around $2,000, then sell again. After that, it would be best to stay away from bitcoin entirely because it will be going to zero.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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June 14, 2021, 07:12:00 PM
 #89

There is a high probability for a $20k (or below) btc as there is a rumor going on in markets that some whales will throw btc below $20k and buy back more to get much better gains they didn't get during this bull run as it was all Elon's game. I hope btc proves out to be something more than being a puppet of institutional investors like Elon Musk's Tesla.
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June 14, 2021, 07:15:23 PM
 #90

There is a high probability for a $20k (or below) btc as there is a rumor going on in markets that some whales will throw btc below $20k and buy back more to get much better gains they didn't get during this bull run as it was all Elon's game. I hope btc proves out to be something more than being a puppet of institutional investors like Elon Musk's Tesla.

I have confirmed 100% through multiple Chinese and Russian confirmed sources and using confirmed maths and science that whales will throw btc below $20k; however the reason is because they do not want bitcoin anymore since it has definitely failed. Eventually nearly everyone but collectors will abandon bitcoin, which is how we can know for certain it will continue a down trend to below $1,000.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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June 14, 2021, 08:26:45 PM
 #91

I have confirmed 100% through multiple Chinese and Russian confirmed sources and using confirmed maths and science that whales will throw btc below $20k; however the reason is because they do not want bitcoin anymore since it has definitely failed. Eventually nearly everyone but collectors will abandon bitcoin, which is how we can know for certain it will continue a down trend to below $1,000.

I believe btc has no intrinsic value so it is always a 1 btc = 1 btc for me forever. But that doesn't mean that I'll agree to anything and speculate to levels where nobody can think of selling their btc for. $20k is possible only because there were order blocks and stops which were not hunted and btc went as higher as possible from that point. So that is one of the biggest confirmations for me that $20k is coming (soon). But the bull rally isn't ended yet and even if btc goes below $20k, it will rise again as this is what it has always shown us and given unimaginable surprises.
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June 14, 2021, 09:21:39 PM
 #92

-snip-
Regards
Time will tell. If it goes 10k for sure that's capitulation for most of retail investors but for hodlers and believers that's a huge discount and opportunity but I doubt if we ever touch that again in short amount of time. We go higher, get that law of attraction comes into play.

Yeah that is not gonna happen I was just saying just in case if it touches or comes near to it make sure your bags are ready for bitcoin.

I can only imagine and seeing the current market situation this is possible but whatever happens, bitcoin will go higher than before in long term. I always trust bitcoin and been a supporter, If it goes to 10k I will surely hold some.

Regards
Time will tell. If it goes 10k for sure that's capitulation for most of retail investors but for hodlers and believers that's a huge discount and opportunity but I doubt if we ever touch that again in short amount of time. We go higher, get that law of attraction comes into play.
Expecting it is a very difficult part, especially if we expect a bigger discount with a 10k claim, we will definitely hold on to it. What if the situation is really bad at 10k, is this still a belief that it will rise again?
If it goes back to the lowest price then it will worsen the situation even I don't imagine how the institution will release its acquisition of bitcoin which is getting weaker when what they expect is to fly high with its stability.

That is a thing that should be considered that if it hits 10k$ then it might go more lower but lets see what will be the case then.. but still its Crypto and its bitcoin and the coming future is of Crypto.
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June 14, 2021, 10:08:01 PM
 #93

That is a thing that should be considered that if it hits 10k$ then it might go more lower but lets see what will be the case then.. but still its Crypto and its bitcoin and the coming future is of Crypto.

But why? Why do you think it will go even lower if it reaches $ 10k? Where do you think the bottom is?

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June 14, 2021, 10:21:15 PM
 #94

That is a thing that should be considered that if it hits 10k$ then it might go more lower but lets see what will be the case then.. but still its Crypto and its bitcoin and the coming future is of Crypto.

But why? Why do you think it will go even lower if it reaches $ 10k? Where do you think the bottom is?


It can be anything but do not worry it is not going to happen so chill and enjoy the show. That's a story for another day we will see when it hits and see the experts view.

We have many other coins to look at so why on BTC?

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June 17, 2021, 11:53:41 PM
 #95

Ever since Paypal declared that it accepts payments using bitcoin and microstrategy companies buy bitcoins, more and more companies are buying bitcoins.  until the time Tesla and Elonmusk had a positive impact on Bitcoin.  and now they are destroying it.  if bitcoin dumps up to 10K, then it's possible that bitcoin can become a shitcoin.  this shows that many parties have given up on bitcoin.  enough bitcoin -50% from ath

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June 18, 2021, 07:08:57 AM
 #96

On one side, I hope we get to see it again because it filters the market of panic sellers and I want to buy bitcoin at a low price and on the other hand, I don't want to because I have accumulated a lot of bitcoin and I don't think that I have the ability to see value of my coins slashed in half but that's just a stupid thing to think of.
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June 18, 2021, 09:45:14 AM
 #97

You can hear the fear developing in peoples minds and in their posts talking about the downward trend of Bitcoin.  Maybe it's for the best if a few people get stung now so that they can serve as a warning to other potential investors of bitcoin who would want to pump the price up to unrealistic levels.

The Game Stop phenomenon is another example of investors not knowing what they are in for when the price tanks.  Not really.

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June 18, 2021, 01:19:55 PM
 #98

You can hear the fear developing in peoples minds and in their posts talking about the downward trend of Bitcoin.  Maybe it's for the best if a few people get stung now so that they can serve as a warning to other potential investors of bitcoin who would want to pump the price up to unrealistic levels.

The Game Stop phenomenon is another example of investors not knowing what they are in for when the price tanks.  Not really.

There's no hype anymore so the price is correcting, the money is already withdrawn because bitcoin is not bullish anymore. That's why we only witness a short but continuous bull run because it's the fresh money invested in the market but eventually they'll just withdraw it if they profit or if they panic because the price dumps. In short, it's not really for long-term investment, hence it will only leave a short-term bullish effect.

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June 18, 2021, 05:54:42 PM
 #99

I hope not. I mean I do love it when the price goes down but by the looks of it if we keep going down then there are too many doomsday people who think we are crashing. Right now we have way too many newbies in the crypto world and we need them to mature first. Let them be here for another year, and by 2022 if it drops to 10k then I am fine with it, but that would at least make them realize that bitcoin is not something that always goes down or a "ponzi" because too many people are talking about it.

I personally would love to see some sort of middle phase where we do not go up but do not go down and just handle it the way we are right now without any problem at all. I get that it is not that easy right now, but it should be not that difficult neither, we should be able to just handle it as we can without a problem if we can hang tight and not sell too much.

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