BITCOIN - ROAD TO 8,000$ - speculation

[bitterguy28]

Why not?
Whats your predicts ?

It's still too far to be at $8,000 for Bitcoin although a possibility is still very open and could happen, but considering Bitcoin is a coin that is already very popular at this time so to return to the price of $8,000 I think it is difficult to happen.

possibilities are there? do you hear what you are saying here? have you checked the market? at least you know that the price of bitcoin still hang on 35-40k right? so where in the world that this could fall down to 8k?

lol believe in your views and leave this market because OP and you does not deserve to be in cryptocurrency .

I Think It's very difficult to down $8000.Bitcoin journey start a long time ago.When I'm start bitcoin journey then bitcoin price was around $400-$500$ but now bitcoin price $37k+.Bitcoin is most popular coin. All coin depends on bitcoin price. Bitcoin price now dupm but i hope bitcoin price will be back again and i think bitcoin price will be touch $50k+ this year.

exactly that is , it is very difficult so see that low because 8k is the price in the early days of 2020 .

[bounceback]

Why not?
Whats your predicts ?

So far Bitcoin has gained high trust from various circles, both from the community and the trust of investors because it has proven that bitcoin can really provide benefits for them, so I don't think it will be that easy for bitcoin to lose its value and become $8k, we need to know today's crypto market is very different from the previous market.

[bhadz]

No i will never believe in this Low , and will never let myself to take this chance .

There are still those folks that have missed buying when it was entirely in the cheapest price a few years ago. They want to see it at the lowest but sadly, the chance for everyone to see it that low is also low. The lowest prediction I think that I've seen is $3k. That's the lowest after the bull run on 2017 and this time, we got the top of $69k and if comparing it to those past years, the possible the same ratio and percentage would be around $10k and that's also a price that we're unlikely going to see.

[zaim7413]

So far Bitcoin has gained high trust from various circles, both from the community and the trust of investors because it has proven that bitcoin can really provide benefits for them, so I don't think it will be that easy for bitcoin to lose its value and become $8k, we need to know today's crypto market is very different from the previous market.

Yes, that is clearly very true and now the value of Bitcoin itself has also started to get a little improvement in the market slowly even though everyone doesn't know that it is Bitcoin's attempt to become Bullish again, but what is clear is that Bitcoin is getting an improvement in its value.

[btc_angela]

Why not?
Whats your predicts ?

Isn't it too low though? I know that everything is unpredictable, but at $8k this is not realistic.
Maybe the lowest low is still 2 digits, and will not go below it, maybe $10k-$20k might be the lowest but hopefully it will not go low because someone's portfolio will not be looking good.

As you can see, we have some break out run today and could be touching $39k anytime soon. So it just shows that bitcoin can still perform above expectations even in the sentiments right now is negative.

[Wildwest]

Although it is declining but BTC will not fall to $ 8000 because for now the price is still quite far from that value, especially for when the value starts to increase again and has reached $ 38000 then your prediction is still very far away, but this will also not be impossible because at this time there is also a lot of negative news spread about the future of crypto, especially bitcoin, And we really hope the value of bitcoin will be fine.

[ymckartal]

Of course, this is the stock market, that is, the crypto exchange and everything is normal in the stock market. However, it is necessary to analyze the reason for this decline well. Previously, there was no taxation on cryptocurrency trading. Now taxation has come in many countries. Now the crypto market is out of the money laundering platform and has become legal. These reactions will continue from where they left off after sitting.

[JayTrain]

For me, the price is 20 thousand.$ is already an achievement , but the price is 8 thousand .$ is unlikely, many whales have bought on high, and I don't think they will allow them to drop to such a mark, some will simply not sell their bitcoin at such a price.

[nimogsm]

I think everyone who is on this forum understands that such a price is no longer possible.There will be no more discounts for such an attraction.The fact that the uncertain state of the market is normal now and many are already used to the fact that there is no stability here.So I can tell you one thing don't despair everything will be fine)

[Natalim]

I think everyone who is on this forum understands that such a price is no longer possible.There will be no more discounts for such an attraction.The fact that the uncertain state of the market is normal now and many are already used to the fact that there is no stability here.So I can tell you one thing don't despair everything will be fine)

I would rather say it's unlikely to happen, but "not possible", that's something I don't believe because in the first place the market is very unpredictable. Have you forgotten what happened during the last bull run, bitcoin almost hit $20k and the price still dump at $3k level. So there's really no assurance of the price that we just want to see because as I've said, the market is very unpredictable.

[Joca97]

Why not?
Whats your predicts ?

I dont think it will drop that much. We usually see a trend of bitcoin going really up then down,but this time it has already fallen from 67k to 35k and that is o most by half. There is still a lot of hype around crypto and i think it can go lowest 25k-30k range.

[saladin7000]

since it was first created by SATOSHI NAKAMOTO bitcoin has very strong fundamentals, so its price goes up from time to time, and BTC is a very popular investment today, even though bitcoin is currently experiencing a decline, it is very unlikely if the price falls too deep ie to under $10K.

[ScamViruS]

For me, the price is 20 thousand.$ is already an achievement , but the price is 8 thousand .$ is unlikely, many whales have bought on high, and I don't think they will allow them to drop to such a mark, some will simply not sell their bitcoin at such a price.

The market trend has changed a lot and now the investors in the market are strengthening their position with the market dump. Yes, it is difficult to say now about the future trend of the market, but one trader can assume that the market is much less likely to reach the target price that op is talking about.

Because big investors don't want bitcoin price to go down so much that other traders become strong.

[Ardasonmz]

It is not possible for BTC to go down to the level of $ 8000 at this time. Considering the circulating demand and the recent market transaction volume of BTC, this is not possible.

[lastcedy]

Why not?
Whats your predicts ?

I wonder if there is any comment or document that will prove or support this statement of yours.

[Kasabus]

since it was first created by SATOSHI NAKAMOTO bitcoin has very strong fundamentals, so its price goes up from time to time, and BTC is a very popular investment today, even though bitcoin is currently experiencing a decline, it is very unlikely if the price falls too deep ie to under $10K.

I would not be surprised by that low price because I saw a lot of the same scenarios in the past. When whales played market through manipulation, anything could happen including the huge price dump or course, so we should see it as a possibility although we are not expecting it will happen.

$10k please make it happen, I'll just accumulate without a problem.

[Questat]

Why not?
Whats your predicts ?

Ehhh, I don't think you are making such a prediction close to reality but you know what, it is not what I see and probably with the others. I don't what is the basis for that but honestly, I don't get it.
maybe I was too bullish to think and you are a bearish person but for sure it never happens to Bitcoin and instead, it continues to grow and fly high.

I guess you need to check the price History of Bitcoin for you to know what really happens.

[SlimShadyMmp]

  Very very funny mate I dont think we will ever see a 20k bitcoin again personally I mean cmon why on earth will that happen except maybe the govt decide to wipe everyone's memory and take all their price keys and make us forget crypto which is impossible so basically no It wont happen and also If BTC dumps below 30k there is serious buying pressure around that region and I really doubt it will be broken mate

[Renampun]

since it was first created by SATOSHI NAKAMOTO bitcoin has very strong fundamentals, so its price goes up from time to time, and BTC is a very popular investment today, even though bitcoin is currently experiencing a decline, it is very unlikely if the price falls too deep ie to under $10K.

that's right, currently bitcoin is the most popular investment...

Bitcoin to $8k is the same as all influential people who buy Bitcoin selling their assets, and I'm sure those who have bought Bitcoin in large quantities will not want to sell their Bitcoin at a low price so that Bitcoin price drops past $10k is no longer possible.

[tippytoes]

since it was first created by SATOSHI NAKAMOTO bitcoin has very strong fundamentals, so its price goes up from time to time, and BTC is a very popular investment today, even though bitcoin is currently experiencing a decline, it is very unlikely if the price falls too deep ie to under $10K.

that's right, currently bitcoin is the most popular investment...

Bitcoin to $8k is the same as all influential people who buy Bitcoin selling their assets, and I'm sure those who have bought Bitcoin in large quantities will not want to sell their Bitcoin at a low price so that Bitcoin price drops past $10k is no longer possible.

That's not possible as I don't think they will sell at a very big loss. If they can afford to hold, they won't sell any. So most of them will be holding and just observing the market. Some of them will continue to buy more because once btc is rising up again, they can easily gain good returns of their investments. Anything is possible in this market, but 8k? I guess, that's too much. We have surpassed this level a long time ago and I don't think we will go back to that price again.