Will we ever see $10k per BTC?

[Little Mouse]

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?

[1714120707]

1714120707

[Timelord2067]

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.

[xayan123]

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

[Little Mouse]

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.

[Oshosondy]

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.

[Ararbermas]

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..

[rahmatrf331]

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.

[Distinctin]

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?

[ShowOff]

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.

[$crypto$]

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.

[mk4]

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.

[ene1980]

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.

[judaspriest]

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

[molsewid]

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.

[dothebeats]

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.

[janggernaut]

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

[Johnyz]

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.

[STT]

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.

[GreatArkansas]

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.

[mhine07]

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.