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Author Topic: Will bitcoin go down below $20,000.  (Read 724 times)
MarjorieZimmermanGinger
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August 22, 2021, 05:06:45 AM
 #141


You are obviously wrong, bitcoin was already dumped below $30k this year, and that is coming from a new ATH which was at $63500, so it's not impossible to dump again coming from $46,000 which is the current price. IMO, if we like to be realistic, let's expect the unexpected.

I'm not in the right capacity, but if we look at something to be based on the whole, bitcoin is now very good after experiencing bad times before, even today bitcoin has reached a new number from the previous figure.

I believe the current price will rise until the end of the year, I also like to be realistic, meaning that every statement I issue must be based on studies and research, even though what I said was ultimately wrong, it was based on previous studies and not all predictions were correct.

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August 22, 2021, 07:09:08 AM
 #142

It takes at least 1 week for the bitcoin price to drop to such a level. I only follow daily price predictions and try to trade. Some of the best Bitcoin price signals are published by cryptogeek.
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August 22, 2021, 09:00:47 AM
 #143

In my opinion, if the market really goes crazy and bitcoin's price hits $60,000 to $100,000, which is where a similar big drop in 2018 might follow.
some time ago bitcoin had reached new ATH at the price of $60k and after that the price dropped by 50%. it didn't take long for bitcoin to recover and now the bitcoin price is on a positive trend. meaning that before a price decline such as 2018-2020 bitcoin must penetrate ATH which is much higher than before. maybe in the $200k - $250k price range.
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August 22, 2021, 09:08:42 AM
 #144

It is possible that bitcoin will drop below $20k, but not for now. I think this year is still a Bullrun year for bitcoin and altcoins. If a scenario like 2018 happens again, then it will happen in 2022. So the end of the Bullrun happens in December. This is just my personal opinion

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August 22, 2021, 03:23:30 PM
 #145

It is possible that bitcoin will drop below $20k, but not for now. I think this year is still a Bullrun year for bitcoin and altcoins. If a scenario like 2018 happens again, then it will happen in 2022. So the end of the Bullrun happens in December. This is just my personal opinion
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