Will bitcoin go down below $20,000.

[Evgenklm]

Everything can be, I will not be surprised at anything, because bitcoin fell to $ 3,500 in 2018, everyone said scams , and now it costs almost 45 thousand, so you can expect everything from bitcoin, both ups and sharp falls.

[Spack17]

There were many people who were wishing to see Bitcoin price going down below $20k to accumulate even more. But the price didn't even come close to $20k. It went down to $29k the least. After that, we know what's happened and happening recently. 

When we were in the bear market, I was expecting to see the price going down to $25k the least so I was also surprised to see this sudden rise.

[carlfebz2]

There were many people who were wishing to see Bitcoin price going down below $20k to accumulate even more. But the price didn't even come close to $20k. It went down to $29k the least. After that, we know what's happened and happening recently. 

When we were in the bear market, I was expecting to see the price going down to $25k the least so I was also surprised to see this sudden rise.

As expected there would  be neither those people who do create FUD  to make things go lower and there are some who had  just panicked on seeing the price is going down and having the impression that it would

go even lower into the floor without considering that a market wouldnt really just stay below the ground on a continuous basis since what comes down should really go up because thats how the market works.

Now we are playing 46k and tendency to hit up 50k once again after a very long of sideways movement on several  months.Lucky for those who had accumulated bitcoin when it hit that low of 28000+.

[Rasa nanas]

that scenario will continue to happen when bitcoin reaches a new ATH, I mean after reaching the next ATH there will be a tremendous price drop. but it seems that the price decline that occurred in the bear market this time was not as severe as in 2018-2020. bitcoin price fell not too far and recovered very quickly, I think a lot of people missed yesterday's $30k price.

[Maslate]

Everything can be, I will not be surprised at anything, because bitcoin fell to $ 3,500 in 2018, everyone said scams , and now it costs almost 45 thousand, so you can expect everything from bitcoin, both ups and sharp falls.

Well, it doesn't matter if that anything is possible or not but what I'm seeing now is what happens last 2018 is impossible to happen again. Do some people say history repeats itself? Well, they have an opinion base on their experience but if we analyze the market now, that it looks like the chances are very slim. Look, the price is still high a few months after the ATH and if we compared last 2017, drops had come fast and it reaches straight to the bottom unlike what we have seen this time.

[Obito]

The possibility is still open but I think it's going to have a hard time going down that point because it's going to face some resistance at different points plus bitcoin is already at 40k USD and it's going to take some time before it goes down to 20k USD and even below it.

[rahmatrf331]

There were many people who were wishing to see Bitcoin price going down below $20k to accumulate even more. But the price didn't even come close to $20k. It went down to $29k the least. After that, we know what's happened and happening recently. 

When we were in the bear market, I was expecting to see the price going down to $25k the least so I was also surprised to see this sudden rise.

abuse, emerge, crumble, link, faith, nurse, action, job, plunge, monster, stumble, scanYou expect bitcoin to drop too low when the opportunity is in front of your eyes and you throw it away. but now you feel regret after you saw bitcoin price break through $45,000 in such a short time. will you wait for a second chance for bitcoin to fall or take the opportunity now to invest at the current price.

[Anonylz]

There were many people who were wishing to see Bitcoin price going down below $20k to accumulate even more. But the price didn't even come close to $20k. It went down to $29k the least. After that, we know what's happened and happening recently. 

When we were in the bear market, I was expecting to see the price going down to $25k the least so I was also surprised to see this sudden rise.

abuse, emerge, crumble, link, faith, nurse, action, job, plunge, monster, stumble, scanYou expect bitcoin to drop too low when the opportunity is in front of your eyes and you throw it away. but now you feel regret after you saw bitcoin price break through $45,000 in such a short time. will you wait for a second chance for bitcoin to fall or take the opportunity now to invest at the current price.

I know soon we will start seeing this type of post soon, I guess it didn't take long for them to start, this type of people are always in regret because they have refuse to recognise an opportunity when it was in front of them, btc was below 30k few weeks back but some people refuse to take advantage, some where even waiting for btc at 15k (maybe that will happen later) now btc has recovered and the regrets has started flowing.

[Kusman]

As it is clearly seen now, it's not much probable to see Bitcoin price falling down below $20k in these days. It's much likely to go even higher than $46k in no time. This is a bull market or something like that happening right now. I wouldn't expect to see very low levels in a period like this.

[CaVO32]

As it is clearly seen now, it's not much probable to see Bitcoin price falling down below $20k in these days. It's much likely to go even higher than $46k in no time. This is a bull market or something like that happening right now. I wouldn't expect to see very low levels in a period like this.

$20k is indeed far from the horizon anymore. As btc goes up to 40k, it is now hard to go down to 20k level again. What we are hoping now is to see btc breaking the 50k. There are now more good news coming up from institutions and countries. And in this regard, it is showing that btc can very well survive without the intervention from the Chinese market. They may have had impact when they announced about banning of crypto miners but then again, btc rises up after such situation.

[Chato1977]

Looks like what happened in 2018 is happening again this year, if it's the same scenario then we can expect a long bear run for the market. Bitcoin dropping below $30k creates panic, altcoins are dumping as well so what can we expect that bitcoin has already fallen below $30k now?

Will we see the same scenario in 2018 or it will be different this time?

i doubt this will happen this year lol.

Bitcoin will never taste that below 20k again at least not this 2021 or even the next.

also remember that there are nearing the new halving in the next 3 years so it will be a climb again next few years.

[zanezane]

~

For now yes, the price seems to be going up again after going ~$30k last week. Now it's about $34k and continue its upward trend. But we are not yet out of the woods yet, any negative news that will come up will really affect the price right now, so its possible that it go down that low under extreme circumstances. We really need to get like $40k++ again so that the chances of going below $20k is very slim.

Seems that my belief about bitcoin is true, it's now on the 40k territory again and the possibility of it going down under 20k USD is just a getting more and more impossible as the prices go up. You're requirements is already met so it seems that we get to see bitcoin go up again and not go down to what many expected it to be.

[Miaallen]

It eventually turned out that your speculation or prediction was wrong with the current price movement. And one sweet thing about the current rise in Cryptocurrency price is that it is natural as no influencer like Elon Musk made a hype to cause the rise. I believe if this current price rise results into a bull run, it might eventually be longer than the one we experienced until few months ago.

[Rabi3]

Looks like what happened in 2018 is happening again this year, if it's the same scenario then we can expect a long bear run for the market. Bitcoin dropping below $30k creates panic, altcoins are dumping as well so what can we expect that bitcoin has already fallen below $30k now?

Will we see the same scenario in 2018 or it will be different this time?

i doubt this will happen this year lol.

Bitcoin will never taste that below 20k again at least not this 2021 or even the next.

also remember that there are nearing the new halving in the next 3 years so it will be a climb again next few years.

i agree, i don't see bitcoin hitting 20k or under in this year but its sad, i really want it to go as low as 10k, buying at that price can put anyone in a very comfortable situation where he knows that getting back only to ATH can make him more than x6, but things are different now, bitcoin we'll keep that around $30k low price.

[Sayeds56]

Looks like what happened in 2018 is happening again this year, if it's the same scenario then we can expect a long bear run for the market. Bitcoin dropping below $30k creates panic, altcoins are dumping as well so what can we expect that bitcoin has already fallen below $30k now?

Will we see the same scenario in 2018 or it will be different this time?

It is highly unlikely that Bitcoin will go below $20k becuase Institutional support is well in tact. Technically speaking as long as Bitcoin stays above 21 Weekly Moving average, it is in Bullish zone and it is highly probable that it will break previous ATH or even can go 100K. In case it goes below 21 weekyly MA  and breaks previos low of  29K then we can not predict where will be the Bottom and  BTC may crash like what happened in 2018.

[techearn17]

Looks like what happened in 2018 is happening again this year, if it's the same scenario then we can expect a long bear run for the market. Bitcoin dropping below $30k creates panic, altcoins are dumping as well so what can we expect that bitcoin has already fallen below $30k now?

Will we see the same scenario in 2018 or it will be different this time?

It is highly unlikely that Bitcoin will go below $20k becuase Institutional support is well in tact. Technically speaking as long as Bitcoin stays above 21 Weekly Moving average, it is in Bullish zone and it is highly probable that it will break previous ATH or even can go 100K. In case it goes below 21 weekyly MA  and breaks previos low of  29K then we can not predict where will be the Bottom and  BTC may crash like what happened in 2018.

At the moment, the market is very healthy. And we are moving towards 100k. Bitcoin is the only asset. Everyone buys with a slight reduction. that's why I don't think bitcoin will move like 2018 this time. the main reason for this is the arrival of new people in the bitcoin and many traders are seeing a different movement this time and if we go down it can not be less than 25k.

[btc_angela]

With the all this momentum and current Bull market I do not see us ever seeing a time with a price of bitcoin is $20,000 again.
But then again I was not certain we would see a time for bitcoin to be below the price of $50,000 which it is now.

Yeah, the momentum has shift already, we are in a bullish signal, we did touch $28k before, but I think that will be lowest for this year.

As the price goes up and possible to hit $50k, we are moving further away from that $20k price, unless there will be an FUD that will put a dent on the market and put it to -50% again. But let's hope that it won't come and see the price goes to $50k and possible a new all time high this December. It's going to be a wild ride in the last quarter of this year.

[Fredomago]

With the all this momentum and current Bull market I do not see us ever seeing a time with a price of bitcoin is $20,000 again.
But then again I was not certain we would see a time for bitcoin to be below the price of $50,000 which it is now.

Yeah, the momentum has shift already, we are in a bullish signal, we did touch $28k before, but I think that will be lowest for this year.

As the price goes up and possible to hit $50k, we are moving further away from that $20k price, unless there will be an FUD that will put a dent on the market and put it to -50% again. But let's hope that it won't come and see the price goes to $50k and possible a new all time high this December. It's going to be a wild ride in the last quarter of this year.

A wild ride that will bring good benefits to all those believers who bought instead of selling their assets when the price dump down, there are traders who lose the same opportunities and now are trying to position their buy orders.

Market still bullish and it's still start of the week. There are many things that can happen while keeping your coins.

Be more positive as we see that the market is giving a good hint that there is more to come. The last time high is ain't over and
it possibly brings a new one before this year will end.

[StreakW]

It's hard to predict bitcoin will fall below $20,000. Especially now that the movement of bitcoin's increase is very significant in the crypto market. But the better thing you can do is if the market is in a downward trend, or when it enters a bear phase, you can short sell to make a profit or to protect your asset from a weakening price. The futures market does contain a very high risk. So, technical analysis is needed and precise to project where the price will move. For professional traders, the futures market is common, because the risk is directly proportional to the profit to be gained.

[Raflesia]

With the all this momentum and current Bull market I do not see us ever seeing a time with a price of bitcoin is $20,000 again.
But then again I was not certain we would see a time for bitcoin to be below the price of $50,000 which it is now.

Yeah, the momentum has shift already, we are in a bullish signal, we did touch $28k before, but I think that will be lowest for this year.

As the price goes up and possible to hit $50k, we are moving further away from that $20k price, unless there will be an FUD that will put a dent on the market and put it to -50% again. But let's hope that it won't come and see the price goes to $50k and possible a new all time high this December. It's going to be a wild ride in the last quarter of this year.

People who buy prices as low as that will certainly be very lucky because the moment now has gone up 2x from before, and we will not see it going low after the bulls come again to show that these signals will continue until the end of the year called the 4th quarter.

FUD coming for sure but I'm still not sure for the current market attack, but I also hope this won't happen in the near future and other investors will be stronger not to influence other FUD news.

At the beginning I was also skeptical about the PolyNetwork hack but in the end the hackers wanted to return the funds and this is good news too that the market will not be affected by it.