Bitcoin will not be able to stay above $40K for 10 consecutive days ever again!

[btc_angela]

I think what alot of people have in their minds right now is a repeat of 2013 pretty much. Basically for those who werent around in 2013. It had 2 tops, it had a top in April and another one in Nov. Now when I got started with crypto, I remember everybody in June/July 2013 saying that "BTC is dead, will go back to $10 a coin" and it traded sideways and eventually bottomed out in July sometime. Then it started to trend up.

It break ATH and then got really crazy in the month of November when it peaked at $1100. What is interested is that people in July 2013 assumed that it would be a long bear market, they had no idea it bottomed out. Just like last month we all assumed it would go to $20K at least. So I don't know what the ATH will be again however it'll most likely peak this Nov/Dec 2021.

Yeah, that's why s2f model points to either a 2013 or 2017 run, both will have a similar run and we will do have $100++k at the end of the year.

But let's see, its fascinating to here that we have this kind of movements in years, anyhow, I'm seeing the price at $41,5++, so still above $40k threshold and hopefully it will continue in the next 10 days. But bitcoin has proven another perma-bear, so that ball is now on his side.

[coin-investor]

So seeing someone saying Bitcoin price will never be $40000 again in 10 consecutive days is surprising me, but many people just say what they like, there were some that have said in the past that bitcoin will not increase anymore when its price was still at $1300 or lower. I hope it will not be too late before such people realize how deflationary and appreciative Bitcoin price is.

He is just speculating or maybe just making a joke, but he just posted only 10 days what happens next is open it could go down or could go up, but if you check the market, it's doing great now, but honestly, I admire the guy he comes out with a thread with a very interesting title that generates interests on FUDSTER and shills, he can always come out a second or a third parts and go on on every bear trend.

[asrinur]

I think in 10 days bitcoin can still hold at $40k. even the $41k price has been going on for 4 days after a price drop a few weeks ago. The recent price gains have brought some optimism back into the market, especially after bitcoin maintained its double-bottom bullish formation on the chart at $31K. However, the bigger picture remains unchanged as Bitcoin is still trading in a $30K – $42K trading range

[Ryker1]

Well, you are both wrong.
Bitcoin price is unpredictable and it depends on the trend that will come, --sounds like if there is another institution that announced an adoption.
However, my real belief is bitcoin price road to $50k with in this month, that is my opinion and there is nothing you can do. Let us hope there is another good news will come so that the price will not have a correction by this time.

^[snip]
But for now 40k works.

Well, it seems you are right. Let us see.
But I am sure that is only a short correction.

[OROBTC]

...

Phil's right (erm, so far)!  Gonna have to start the clock again when BTC is back over $40k.

$39,610 as I write.

[Beparanf]

...

Phil's right (erm, so far)!  Gonna have to start the clock again when BTC is back over $40k.

$39,610 as I write.

Pretty right. There's a lot of selling pressure everytime Bitcoin hit the 40K level especially the 42K which is showing great resistance. Bitcoin is crumbling again and showing a very bad sign for another dip. This is a very bad news for the general market in case there another since the 28k to 29k support was barely holding the last time Bitcoin visit that price level.

[kotajikikox]

I think in 10 days bitcoin can still hold at $40k. even the $41k price has been going on for 4 days after a price drop a few weeks ago. The recent price gains have brought some optimism back into the market, especially after bitcoin maintained its double-bottom bullish formation on the chart at $31K. However, the bigger picture remains unchanged as Bitcoin is still trading in a $30K – $42K trading range

well after 4 days it falls down to 39,000 again just this moment

https://coinmarketcap.com/currencies/bitcoin/

though i still believe in bitcoin making its way up to 40k again , yet i limit my expectation for me not to fail again.

and besides i am willing to hold so it doesnt matter if this will drops down to 40k even 20k but in the next years maybe the time for all of us.

[El duderino_]

That moment when btc wil be the first 10 constructive days above 100K

Man I can’t wait for this to happen

 

Nice thing is, I know it’s gonna happen 

[JayJuanGee]

That moment when btc wil be the first 10 constructive days above 100K

Man I can’t wait for this to happen

 

Nice thing is, I know it’s gonna happen 

I hear what you are saying.. but at the same time I am thinking, ONLY 10 days above $100k?

But, I suppose we have to start somewhere, and there is a kind of Lindy effect that people likely realize when the BTC price stays up in certain areas for certain periods of time, then there develops some kinds of norm creation for the price to return and exceed the previously established levels, even if sometimes it might take more than 3 years to get to that previous point and to sustain new prices above the previous point....

We've seen it again and again.... so get past $64,895 first, and then get to $100k.. perhaps above that price (is such $100k price sustainable or not, or might we have some resistance there?).. then above and beyond at some point... this cycle or in the next one?

Anyhow, back to the thread, we know that these various prices of $30k, $40k and $50k or price goals for ants, so they are likely to be in the rear view mirror soon enough...

I hate to proclaim too much, but still thinking that any of these price might have decent chances of NOT being visited again.. let's say a few years down the road when we get to the bottom of the next cycle.. but for now they are still areas to get over.. and maybe accumulate more if you have cash coming in  or accumulate more if you just feel comfortable getting a bit extra BTC... of course, accumulating more if you have no BTC, but should be a given for any peeps following these threads, that getting off zero is a kind of baseline that everyone should have already met that part.. so then once getting off of zero and once getting some BTC, such as 1% to 10% of your portfolio or more, then the next question would just be to figure out in terms if you want to continue to be fairly aggressive or not.. which gets us back to the question of possibly overly accumulating a wee bit... just for funzies....

very individualizable questions regarding what you should do?  what you should do?  How much is enough for your particular situation?... and yes, sometimes just getting stuck in the $40k area for a while could help for some guys just to accumulate some more BTC with some of the cashflow coming in, while it last.. 10 more days or whatever.

[zanezane]

That moment when btc wil be the first 10 constructive days above 100K

Man I can’t wait for this to happen

 

Nice thing is, I know it’s gonna happen 

And when that happens, @proudhon will be there to say that it won't be able to stay above 10 days and saying that his/her claim is backed by science and math even though he/she can't prove it because there's really no science or math behind his/her claim.

[roosbit]

Is this in anyway daring bitcoin to go ahead to go for a new all time high while it stays above  the $40,000,  as I win the side bet too  

I think Bitcoin will not go down below $40,000 ever again. We will be missing $30,000-level threads and discussions because they are going to be a thing of the past from now on. That's also my personal opinion.  

Bitcoin is full of wonders, never say never, it can do all this in one day, drop as far as a $30000 just as a liquidity grab and move back up in over drive to a full throttle move to the up side and those $30k level threads will be alive.

[haidil]

I don't know what attack is meant here, because I don't really care about Bitcoin going up any price and going down any price. What I'm trying to do is keep what I'm currently holding unaffected by attacks in any context. I still put Raja to sleep and let him have sweet dreams.
Oh, one more thing, since this is in a speculation thread, so there's no reason for me to ask for any references. Broadly speaking, you are free to have any predictions for Bitcoin.

drink a large glass, and gulp until you are unconscious.

[lenovop-70]

Well, you are both wrong.
Bitcoin price is unpredictable and it depends on the trend that will come, --sounds like if there is another institution that announced an adoption.
However, my real belief is bitcoin price road to $50k with in this month, that is my opinion and there is nothing you can do. Let us hope there is another good news will come so that the price will not have a correction by this time.

I am agreed with your opinion that bitcoin price is unpredictable and related with trend mate, who will known that today the rumors will bring BTC up to $60k easily, well yes this is totally speculation, but as we know, market nowadays is sensitive with issue and rumors, so i still have believe the whales will take actions if btc were falling too quick.

[Macadonian]

proudhon's constant attacks on Bitcoins price just look to me like a person who wants attention its funny because they are proven wrong a little time after they have made these claims. I have nothing against proudhons but I think I know their motive of creating these threads.

[Ararbermas]

Bitcoin still steady at 39k maybe it's making correction on this moment to surge again mate, By the way op what do you mean attack? To be honest there's no such news in the internet about the current situation of bitcoin nowadays wherein why it suddenly stuck up in red again. probably we need to understand the situation and wait for more results before making speculation because it seems normal correction..

[rahmatrf331]

I don't know what attack is meant here, because I don't really care about Bitcoin going up any price and going down any price. What I'm trying to do is keep what I'm currently holding unaffected by attacks in any context. I still put Raja to sleep and let him have sweet dreams.
Oh, one more thing, since this is in a speculation thread, so there's no reason for me to ask for any references. Broadly speaking, you are free to have any predictions for Bitcoin.

drink a large glass, and gulp until you are unconscious.

I guess you don't need to know because you already believe that the king doesn't need to be awakened, unless it's time to wake up.
but do you just rely on the king and don't need the help of his soldiers to fight to increase the prosperity of the king (bitcoin) or in other words you just hold on and need trade transactions.

[Macadonian]

If anyone like it or not, there will be a time Bitcoin will never fall to $40000 again, Bitcoin is an appreciative asset, it is now 11 years since its creation which makes it to still be a young asset class, how about some or many years to come, Bitcoin price will still reach $100000 and increase above that. So seeing someone saying Bitcoin price will never be $40000 again in 10 consecutive days is surprising me, but many people just say what they like, there were some that have said in the past that bitcoin will not increase anymore when its price was still at $1300 or lower. I hope it will not be too late before such people realize how deflationary and appreciative Bitcoin price is.

I believe what you say but I do not think we are there yet and the corrections in the next couple of years will bring it below the 40,000 mark but I agree with your point eventually we will see it never dipping below 40,000, 50,000 maybe 100k

[Ryker1]

^[snip]

^[snip]

My 40k thread will be wrong on my 35th wedding anniversary aug 9th. [I hope]!

Well, it is almost there --perhaps on Aug 9, this will never 40k thread because it will become a $45k of bitcoin price.
The correction heals so fast and no one can stop it and there will be another one and I smell like we are on the road of $50k.
However, your wedding anniversary celebration would be happier if that will happen. ^{[ Best wishes ]}

[rahmatrf331]

Bitcoin still steady at 39k maybe it's making correction on this moment to surge again mate, By the way op what do you mean attack? To be honest there's no such news in the internet about the current situation of bitcoin nowadays wherein why it suddenly stuck up in red again. probably we need to understand the situation and wait for more results before making speculation because it seems normal correction..

bitcoin is still as stable as you said and is at $39,000 this week. it can be said that the bullrun will happen again, we have prepared several assets that will bullrun together.
You don't get stuck with rumors on the internet because these rumors affect our decisions in making our decisions.

[JayJuanGee]

Bitcoin still steady at 39k maybe it's making correction on this moment to surge again mate, By the way op what do you mean attack? To be honest there's no such news in the internet about the current situation of bitcoin nowadays wherein why it suddenly stuck up in red again. probably we need to understand the situation and wait for more results before making speculation because it seems normal correction..

bitcoin is still as stable as you said and is at $39,000 this week. it can be said that the bullrun will happen again, we have prepared several assets that will bullrun together.
You don't get stuck with rumors on the internet because these rumors affect our decisions in making our decisions.

It does not tend to be a very sound practice to be trading bitcoin based on internet rumors or even shorter-term speculations.  The people who have done better/best in bitcoin seem to be ones who buy and hold through a couple of cycles or longer..

Of course, you can continue to buy BTC if you do not have a strong cashflow which also has tended to do well, and would be consider dollar cost averaging investing, but if you are screwing around with trading or trying to figure out sentiment, you may well get tricked out of holding onto your bitcoin, which is what you need to have when the BTC price is going up.. presuming that we will get UP from here at some point.