BITCOIN - ROAD TO 8,000$ - speculation

[Chato1977]

Why not?
Whats your predicts ?

Have you missed "Another ZERO"? isn't 80,000$  and not 8k?

because the road to growth is still On and not the road to dumping , because now market is showing strength and I think we are now going 40k.

I will Never listen to such story of bellowing to that level of 4 digits again? impossible .

[WalkerIVIV]

Why not?

Because covid has gone and everything will be going back again. The crypto market is facing a bad sentiment due to the the FED. It's not only crypto but whole of markets affected by the FED rumour.

Whats your predicts ?

You can at least put a better rate rather than try to argue that if bitcoin will be going to the 8k after another huge drop from 70k to the 33k. 8k is a dream for now. You need the biggest holders of bitcoin to dump all of their bitcoins to the market at the same time to create a big fear in the market. This is a non sense prediction this day.
Why don't even you put zero value as your prediction? 

[lenovop-70]

An indiscriminate speculations if you say BTC will touch the price of $8000, those of us who understand the record of buy and sell orders will definitely laugh if we know this speculations.
If those speculations come true, obviously all crypto will go to the nearest graveyard to die without mourners 

So mate, it's better to look at the notes before making speculation, than you look like someone who talks in the sleep

[5W-KILO]

Bitcoin won't hit 8000$ or 100k this year but a massive decline is expected anyway, the reason why BTC hit 3000+ in 2020 was because of Covid, if the pandemic never happened I'm sure BTC won't fall to that level but who knows anyway maybe a new Covid will occur again? I don't pray so but anything is possible.

[Vaskiy]

Bitcoin won't hit 8000$ or 100k this year but a massive decline is expected anyway, the reason why BTC hit 3000+ in 2020 was because of Covid, if the pandemic never happened I'm sure BTC won't fall to that level but who knows anyway maybe a new Covid will occur again? I don't pray so but anything is possible.

If that's the case the growth of the market too happened as a result of pandemic. When the entire world market is suffering crash bitcoin started to move bullish.

During the pandemic people are restricted within the home and people were in search of ways to make money. This has landed many of them into cryptocurrency. The same pushed the market to the top. Even if COVID go so serious as the beginning days the market won't fall drastically down to $10k. About reaching $100k it takes time, because the market this year looks like a slow and steady growth.

[lienfaye]

Why not?
Whats your predicts ?

I dont think its possible to see the price of Bitcoin plunged to $8k again. Even we are currently experiencing a price declined and many investors are believing we already entered a bearish market season.

The situation now is quite different for the past years, because now, many people became aware of Bitcoin existence and they engaged themselves especially during the lockdown and people are looking for a way to earn online. Investing in Bitcoin is one of the option for them to make money and I believe its one of the reason why we reached another ATH last year.

If ever the price of Bitcoin move downward below $30k I bet many investors will take advantage the situation to fill their bags so the price wont plunge further. Thus, $8k price wont be possible anymore knowing how valuable Bitcoin now.

[leea-1334]

1st of all, wrong subforum, please move to Bitcoin - Speculation.

Second of all,,, if 8000 is a why not question, then why such an arbitrary figure, why not 800? Why not 8 million? I am used to psychological numbers so 1000 and 10000 makes sense but if you really have to ask a question, please provide more explanation for your arrival at this number

[Pejoh Asu]

Many analysts and speculators say that bitcoin will continue to drop, of course this will make it difficult for the market to rise if the bitcoin price goes to $8000, but if this happens then more and more scam projects will die early, and this is actually a good thing because only a coin with a strong reputation that will last.

[Japinat]

Do you believe the price of Bitcoin will drop to $8000 again? We are already in bear season right now. Now the world of crypto money has changed a lot, we are not in a situation like 5 years ago. We are in a much larger economy and everyone wants to invest and earn money here. I don't think the price will drop that much again. We may already be at bottom prices right now

Familiar words, that's mostly what I read and hear during the previous bear season, people are hesitant to believe that the price will significantly drop, that's why they weren't able to prepare and do the right decision, this time, I think we should be more open for the worst possibility, although we are optimistic at the same time.

[andyou1234]

I never thought that bitcoin would go back down to $8000, because bitcoin already has very strong fundamentals, so it is very unlikely that it will fall below $30,000, as we can see now bitcoin has dropped below $40k according to my analysis now is the lowest price for BTC and it is impossible to go down from the current price, I am very optimistic that the crypto market will improve again and we will see BTC will increase  in the near future.

[South Park]

I never thought that bitcoin would go back down to $8000, because bitcoin already has very strong fundamentals, so it is very unlikely that it will fall below $30,000, as we can see now bitcoin has dropped below $40k according to my analysis now is the lowest price for BTC and it is impossible to go down from the current price, I am very optimistic that the crypto market will improve again and we will see BTC will increase  in the near future.

We are never going to see 8k again, the people that want to see that price either regret not investing in bitcoin when they had that chance or are simply bears that want to see the price to go down that much just because, however with institutional investors now in the market it is unlikely that we are going to see a price that low ever again, because as soon as the price goes down below their average buying price then it makes more sense for them to buy more bitcoin than to sell it for a loss.

[5W-KILO]

I never thought that bitcoin would go back down to $8000, because bitcoin already has very strong fundamentals, so it is very unlikely that it will fall below $30,000, as we can see now bitcoin has dropped below $40k according to my analysis now is the lowest price for BTC and it is impossible to go down from the current price, I am very optimistic that the crypto market will improve again and we will see BTC will increase  in the near future.

We are never going to see 8k again, the people that want to see that price either regret not investing in bitcoin when they had that chance or are simply bears that want to see the price to go down that much just because, however with institutional investors now in the market it is unlikely that we are going to see a price that low ever again, because as soon as the price goes down below their average buying price then it makes more sense for them to buy more bitcoin than to sell it for a loss.

How sure are you? Since Covid affected BTC price in march 2020 I've stopped doubting that BTC can't go down to a lower level again, pray that another pandemic won't start again later because if it happens 8k per BTC is highly possible.

[bitterguy28]

Many analysts and speculators say that bitcoin will continue to drop, of course this will make it difficult for the market to rise if the bitcoin price goes to $8000, but if this happens then more and more scam projects will die early, and this is actually a good thing because only a coin with a strong reputation that will last.

But have you seen any speculators that Says Bitcoin will drop down  to 8,000 level? because i never find one for this same reason.

there will be a dumping and this is bigger but to the extent that price will fall that Low?
it will stay in at least 5 digits level for the whole time , and may increase to 6 digits or even in 7 for the coming years.

[Lagduf]

such baseless speculation that could comes from someone that just speculates without even caring regarding the real market condition, frankly, such valuation for btc just doesn’t make any sense nowadays.
you should see that even at that price around 20K so many traders out there are already putting their money in line for making a market entry in that kind of condition even in the middle of bearish.
investment from the big venture capitals are also gonna be coming if the scenario of btc reaching that low valuation is really coming, you should see that even right at this moment btc could have bullish run very suddenly.

[Anonylz]

$8000! That will be a massive opportunity for many people to become full BTC owners, an opportunity for new fresh BTC whales to be born, but then people like you would probably wait for $800 seeing it has dropped that low, eventually you will end up not utilizing the opportunity when you had one,
It is not enough to wish for a low price but the ability to actually take action when it happens, let's assume your prediction happens for a few days, I bet you still won't have the guts to buy because you don't have that mindset  
"Make hay while the sun shines" because you never know what direction the market will go next.

[royalfestus]

It is believed that bitcoin cant go below the previous ATH in the subsequent bear market, we don't also expect a 83% price dump as well but that is the reason for the 100k benchmark for the bull market that failed. More also, we have seen massive institutional and Government investment which may not see the normal sell-off in the bull market. This could indicate a high price resistance than $8000, although I may not uphold the bear market not going below previous ATH of 19k.

[cryptomaniac_xxx]

It is believed that bitcoin cant go below the previous ATH in the subsequent bear market, we don't also expect a 83% price dump as well but that is the reason for the 100k benchmark for the bull market that failed. More also, we have seen massive institutional and Government investment which may not see the normal sell-off in the bull market. This could indicate a high price resistance than $8000, although I may not uphold the bear market not going below previous ATH of 19k.

Possible to go to it's previous ath, but $8k is just too low and I don't think that we are going to hit that even at the worst bear market in the next 2-3 years.

And if ever it hit, don't you guys think that institutions are whales are not going to scoop that cheap bitcoin from those noobs who sell because they are afraid that the price will go to 0?

[Pierre 2]

I would spend all my money and nearly all my wealth including real estate to buy Bitcoin around 8000 dollars. Even this proves 8000 is not possible, as I am not alone with it. I think the worst price Bitcoin can go down around is somewhere between 20000 and 25000. Imagine how much demand is there waiting for Bitcoin to go under 30.000 dollars.
Its best to not wait a lot to jump into Bitcoin train.

[manok jepang]

How sure are you? Since Covid affected BTC price in march 2020 I've stopped doubting that BTC can't go down to a lower level again, pray that another pandemic won't start again later because if it happens 8k per BTC is highly possible.

I think the understanding that is in your brain is a little different from what other people think because basically this is completely unrelated in general and also specifically so there is no need to associate the Covid-19 problem with cryptocurrencies like Bitcoin.

The COVID-19 pandemic has indeed changed the world economy, where very many large and small entrepreneurs engaged in trade, industry, transportation, tourism and others experienced enormous losses, many workers were laid off which resulted in a lot of unemployment, but with With this pandemic, crypto users are increasing, especially bonty hunters, signature campaigns, and aidroub, this crypto doesn't have to require capital such as money to participate, but signature campaigns and aidroub can generate money, of course this income can help our economy, in my opinion, the current decline in crypto prices is only because there is a correction, most likely in the near future the correction will end.

[Kasabus]

I would spend all my money and nearly all my wealth including real estate to buy Bitcoin around 8000 dollars. Even this proves 8000 is not possible, as I am not alone with it. I think the worst price Bitcoin can go down around is somewhere between 20000 and 25000. Imagine how much demand is there waiting for Bitcoin to go under 30.000 dollars.
Its best to not wait a lot to jump into Bitcoin train.

I like to see that once bitcoin hits $8000. I know some people who says the same, they will buy bitcoin when the price hit at a certain level but when the time comes, they chicken out, they panic because they think bitcoin will collapse and will not be able to recover anymore. I hope you'll stick with your decision and you'll not gonna change your mind.