Will BTC fall below $20,000? Bargain hunting?

[Shallow]

Right from when the market took a bad turn which saw Bitcoin dropping very low, a lot of people believed it was a case of manipulation from the big players in order to accumulate more but what keeps surprising everyone is the fact that even when it dumps, it also bounce back, therefore with this little experience so far, one can hardly predict if Bitcoin will fall below $20,000 at the same time, when it will start another growth again since it is becoming clear that Bitcoin hardly follows any prediction.
Also, in the case of Polkadot, the project has already done well which is the reason a lot of good news are still coming up, but looking at the market in which sentiment as well as fud are playing a big role, one need to be careful of when to start buying unless the person is a long term holder.

[mindrust]

BTC rebounded quickly, shouldn't it fall below $20,000? Good bargain hunting opportunity now.

Polkadot Slot continues to be auctioned, and so many good news continues. Volcanic eruption is coming!!

Buying DOT, KSM, PHA, Do you have any other good advice in Polkadot?

X-Predict Polkadot Web3 project, predicts the market leader.

Depends.

It can always go even lower or... maybe this is the dip and it is going to bounce from $30k to $100k. Nobody can tell. As long as you keep your portfolio risk at manageable levels, you will be fine. Also learn to take profits because you'll never know when the markets are going to tank next time.

[isaac_clarke22]

~

Well now do you see the opportunity that it brought to people?
It was kind of insane rebound anyway, but it should not be that much surprising to all of us.
I expected these kinds of unstable rebounds back when Bitcoin also plummeted around 29k like couple weeks back.

[Samurai trieng]

no one can guess the price of BTC correctly, because in the cryptocurrency world anything can happen, but I don't think BTC will go down to $20 it is a very low benchmark for a very valuable coin, I think if the demand to buy before the $20 price  increases it will make the price of BTC skyrocket again,

[Flowzer]

BTC rebounded quickly, shouldn't it fall below $20,000?

I dont think so, 25k is very low if its happen. People are start to buying like crazy if its fall below 20k.

[tabas]

I don't think BTC will go so low. It's going up again and it has a chance to be back on $40k by the end of the summer if not sooner.

There is still the possibility but it's probably not going to happen anymore. The bounce back is expected to happen since there are going to be probable good news for bitcoin coming from the known people like Jack and Elon. I have no idea what happened to their talk.
But maybe something has happened and it reflected to the market.

[Kena Banned]

I don't think BTC will go so low. It's going up again and it has a chance to be back on $40k by the end of the summer if not sooner.

It could be, theres some gap that needed to be close for a healthy rise move. Its can just be a wick or something i didnt really know.
But for sure if we are going to that position, we are ready to go back up since many buyer would catch the price.

[adzino]

I doubt we are going below $20,000 USD. The $29,000 USD support held well. The price bounced back and reached almost $33,000 USD. I guess we are going to stay around this level until the end of the month. The more the price crashes, the more opportunity for buyers. We have already seen this as people already started to buy as soon as the price went below $30,000 USD. The upcoming months are going to be really interesting.

[leatutz]

I think for now the price of Bitcoin is very difficult to fall to the rate of $ 20,000 especially now that the market cap has risen to 7% and that's a fairly high increase, I am very optimistic if the price continues to rise to $ 35,000 and if there is a correction it will remain in the range rates $29,000. But the price of Bitcoin could also fall to $20,000 but not in this Quart, maybe in the middle of Q4 it could fall and it all depends on the news that will be later.

Bitcoin doesn't follow any news or announcements. We just make it as our wishes, but some foolish investors start to follow them. If there is any reason to fall this quarter, I will believe, but in the last quarter it will definitely not drop 20k. Because as my prediction, the market will rise between 3 months and in 1-2 months correction time will be over.

[GeorgeJohn]

All our taught or points we portray here lies on assumptions, because right now you can't stand firm and predict the price of cryptocurrency, Because bitcoin the possibility for it to fall back to the initial point or values is there, and the possibility for it to Speed up to a greater heights is also there, from my observation and areas of concentration via cryptocurrency the increment in price and more especially bitcoin in particular is the marketcap...the marketcap of crypto determine it's magnificent values or maximum values and also minimum values, because the price of crypto can only come in boostup based on if the demand is higher than the supply's,

But just predicting via assumption if the price will go less than twenty thousand dollars (20,000k) within some years, months, even in feature, is just like imagination, actually what really increase cryptocurrencies prices is due to bull market, and from my perspective, this bull market always magnify within interval of four years or three (4-3) before another occurrence of crypto market speed up.

[Kasabus]

I think for now the price of Bitcoin is very difficult to fall to the rate of $ 20,000 especially now that the market cap has risen to 7% and that's a fairly high increase, I am very optimistic if the price continues to rise to $ 35,000 and if there is a correction it will remain in the range rates $29,000. But the price of Bitcoin could also fall to $20,000 but not in this Quart, maybe in the middle of Q4 it could fall and it all depends on the news that will be later.

Bitcoin doesn't follow any news or announcements. We just make it as our wishes, but some foolish investors start to follow them. If there is any reason to fall this quarter, I will believe, but in the last quarter it will definitely not drop 20k. Because as my prediction, the market will rise between 3 months and in 1-2 months correction time will be over.

The price of bitcoin is higher than $25k for now but if it will continue to  fall, then dropping to $20k is very possible. Having good news in the market might not a guarantee that the market value will not fall but somehow it will help though.

I have high hopes that bitcoin will bound to recover after its long bearish season. And maybe by this time, it will reach new ATH exceeding the amount of $60k. But the question is how far bitcoin price will fall? Once it reaches $25k, for sure it will go down to $20k.

[pealr12]

People will always make different prediction about where they see the price going,  sometimes or most times market will go a different dimension from what many people expect to see, I like to be optimistic and believe btc won't go as low as many people believe, this is 2021 and not 2018, there have been tremendous changes in btc awareness and acceptance now than before which should be a point to consider, this is time to buy any of the cheap good coins out there before is too late.

[el kaka22]

It is such an awesome feeling to see bitcoin recover, I really prefer it recover than see it same. What was bitcoin just a week ago? It was always around these prices, but what happened in between really makes me feel a lot better. I rather see bitcoin go from 32k to 28k to 32k again instead of staying 32k for the whole duration, it just shows how awesome bitcoin is and how people still believe that price is cheap right now and buying whenever it goes down is a great discount, even this topic is a proof of that.

As long as people see bitcoin as discounted instead of dropping that is just pure satisfaction for me. Unfortunately I wasn't really at a level where I can buy some more, financially I am not doing great right now, not doing bad neither don't get me wrong, but I have my money tied up with some other stuff so I couldn't buy more, but I do wish I could have gotten some under 30k too, it was just way too great to buy at that level.

[Hypnosis00]

Do you have any other good advice in Polkadot?

X-Predict Polkadot Web3 project, predicts the market leader.

Polkadot is one of the promising new projects this time (just for me), worth investing if ever you had felt the same. But I don't consider this for long-term investment, I was still preferred for the old coins.

For now, it was somewhat good looking that still has a few new coins that can be trusted but, we can't be in full confidence that they will survive during a crisis. We still have to monitor its trend to further evaluate the capabilities of that particular project otherwise, we might be surprised that our money was gone.

[GeorgeJohn]

I like to be optimistic and believe btc won't go as low as many people believe, this is 2021 and not 2018, there have been tremendous changes in btc awareness and acceptance now than before which should be a point to consider, this is time to buy any of the cheap good coins out there before is too late.

right now you are saying exactly the same thing with others, the question is that in what measure can a bitcoin maintain a specific price or stick on one range of values? Definitely bitcoin price can be lower than the price it's now, and it can equally increase more than the price, if Bitcoin keep on going up without decrement it will seem as it's under care of someone, and people will be feeling that cryptocurrency is no longer a decentralized currency, so the unsuitable prices of cryptocurrencies make cryptocurrency relevant, because right now it's obvious that it's price can equally return to zero.
Yes it's encouraging to advise someone to buy a coin and store for some intervals before it will increase, a coin is good to purchase when is at lower version of price.

[leetcoiner]

Personally, I doubt he can fall that low. There is too much talk around Bitcoin, too many funds have bought Bitcoin, too many media personalities talk about Bitcoin.
I think that if it falls below 30 thousand it will lead to the fact that all of them will start buying it up like crazy.

[MoneyJ]

With the recent spike on BTC, I really doubt it would be below 20k. Global economy are hit with several hyperinflation and big institutions are hedging over to bitcoin.

[Iyanu14]

If bitcoin goes $25k then it's going to get there. But it didn't go through under $29k so it's expected that it's recovering and it won't fall below $20k as what you're asking. As for that good news in the market, they keep coming and maybe in the next few days, we're going to have good news about bitcoin and it's going to come up with the recovery and it will be continuously going back to the price of $40k and up. But the question as it goes to $31k, will it keep the price and move forward or it won't and back to $29k again?

Yes! I hope so~ BTC has raised in $30,000 yesterday,ah good news for Elon Mask? I dont like him

[Iyanu14]

Do you have any other good advice in Polkadot?

X-Predict Polkadot Web3 project, predicts the market leader.

Polkadot is one of the promising new projects this time (just for me), worth investing if ever you had felt the same. But I don't consider this for long-term investment, I was still preferred for the old coins.

For now, it was somewhat good looking that still has a few new coins that can be trusted but, we can't be in full confidence that they will survive during a crisis. We still have to monitor its trend to further evaluate the capabilities of that particular project otherwise, we might be surprised that our money was gone.

Btw we need to learn and play with new projects and their producets. just like i play games with defi and get more returns

[Iyanu14]

I think for now the price of Bitcoin is very difficult to fall to the rate of $ 20,000 especially now that the market cap has risen to 7% and that's a fairly high increase, I am very optimistic if the price continues to rise to $ 35,000 and if there is a correction it will remain in the range rates $29,000. But the price of Bitcoin could also fall to $20,000 but not in this Quart, maybe in the middle of Q4 it could fall and it all depends on the news that will be later.

we have new good news that could be trigger for buyer. Elon musk on the lastest discussion said that he , Tesla , SpaceX still hold bitcoin and has no plan to sell bitcoin. And also Tesla will resume bitcoin acceptance , i am confidence with this news no more bitcoin price to 20k. Hype and fomo will happen as soon as possible when this news release.

I dont like him, but he is very helpful for BTC and cryptos