How low can BTC go this time around

[Balmain]

I think that bitcoin holders under 20 thousand dollars will not sell, but there are very different developments in the world at the moment, so maybe this is not my guess. No matter what, I'm sure it will catch a missile in the next halving, but I'm sure. By the way, I'm still hopeful that bitcoin will make an ath again.

[livingfree]

I think that bitcoin holders under 20 thousand dollars will not sell, but there are very different developments in the world at the moment, so maybe this is not my guess. No matter what, I'm sure it will catch a missile in the next halving, but I'm sure. By the way, I'm still hopeful that bitcoin will make an ath again.

There will be that will sell.

Those panic sellers will regret that they haven't sold during the top and when they see the market drops that much, they'll panic and will sell at losses.

This is the reality which keeps on happening and many aren't prepared for that. However with bitcoin's strength, many don't think that it will not go under $20k but open to any possible price, it's just the belief that they have.

[Vaskiy]

Based on the expert price prediction there is more chances of price touching $25k, and the same is getting reflected on the price of bitcoin. The decline have been taking place in a slow and stabilized manner. For now it has come down to $38k. This will soon reach down to $35k and try to retest $35k resistance. If successful, the slow growth happens if not it'll be down to $32500.

[bitcrystal]

am looking at buying little at 34k, i will wait to see how price reacts there . then my next stop is 30k. thats where i will buy a good number. we should find our way up from that regions and if not , then be prepared to buy as cheap as you see it.

[JeffBrad12]

It's not so stupid as you said that to expect bitcoin to go to the bottom again. We have experienced that so many times bitcoin goes to the bottom when the big dump was ocuring. I don't even care about that as long as we can jump back later to the another all time high and so no one can know how long bitcoin will be going on but the only thing that im sure when you are seeing the bearish market like this time and this time is the best time to be used as accumulation mode.
BItcoin breaks 37k right now. I expect this to go to the 35k again. The stock market was also plunged so hard since last year and inflations are everywhere.
This has become serious problem for some countries.

[Iyeman]

definitely couldn’t go any lower than the treshold of $30K, honestly the current dip that we’ve all gone through could recover back in no time, there are still many trump card that the market could still use like once there is some good rumour like elon accepting btc and maybe some memecoins into the platform that he recently just bought that is twitter.
other than that we could be well already at the end stage of the current bearish market, because of that the current dips doesn’t mean much if we gonna get another bullish market in no time, of course that’s just purely a speculation, regardless though $30K and lower is kinda impossible.

[lornadane]

am looking at buying little at 34k, i will wait to see how price reacts there . then my next stop is 30k. thats where i will buy a good number. we should find our way up from that regions and if not , then be prepared to buy as cheap as you see it.

If you are waiting for the right price to buy at $30 thousand then you have to wait again maybe next month but it's still a long time if in my opinion just waiting at $35 thousand is right too.
Because until now the price of bitcoin is still priced at $ 37 thousand.

[cabron]

If its going to dip low again then somebody with deep pockets will start buying up BTC, its better to get some than just keeping the stablecoin while the price bounces. The price dipping below $30K would be a great opportunity than just $35K though. If they could just make it $20K, we might just seeing a huge bounce after it to trigger a bullrun without the halving.

[makishart]

In crypto anything even bitcoin can go to the dip or even zero price when it has no demand anymore but this is quite impossible to happen. Bitcoin is getting dumped again and again but this time it's quite stable compared with last months when bitcoin dumped to the 32k and people are feeling panic and sold their assets at the bottom. I think that bitcoin is trying to discover the new bottom.
Once bitcoin did it and we will see another big run again like last month when bitcoin was going to the moon.
I just hope that bearish cycle will come to the end very soon. I just wanna see market to be green again.

[RussianEnglishTranslation]

I think Bitcoin has bottomed. There just aren't enough sellers to push BTC back down below 35k again. The cat is out of the bag and everyone knows at this point that digital assets are the future. That's why banks and governments are doing their best to slow things down, so they can buy more before you do. They want you buying their bags for a higher price. The best thing that you can do now is accumulate as many L1 cryptos as possible, like ICP and IOTA. These will be the building blocks of the next financial system.

[kojektea]

My only hope is that btc will not fall deeper than $30k, if that happens what we experienced in 2018
will repeat itself even more badly due to the sharp decline. Everyone predicts that bitcoin will stay strong above $30k,
if this breaks I believe saving assets by keeping everything in USDT is a good choice because it will be a very long bear season.

[jhonjhon]

While it's impossible to predict when the bitcoin selloff will cease, it's most likely merely a temporary problem. When it comes to a halt, bitcoin may spend some time hovering around the price it reaches. According to some estimates, the token may be worth $46,000 per token. Let's speak about bitcoin's future growth since once this selloff phase is done, there's a strong possibility it'll happen. Experts feel that the cryptocurrency market is still in a bull market, therefore traders should expect a profit.

Bitcoin rose to a new all-time high of almost $64,900 the previous time it fell like this. According to CoinDesk, when BTC rises again, it's possible that it will return to those levels.

There are also concerns that BTC must return to $60,000 or risk losing its momentum signals, which may cause it to suffer for months. If that happens, bitcoin may take a long time to recover the ground it has lost during this selloff.

Ref. https://investorplace.com/2021/04/bitcoin-selloff-how-low-will-bitcoin-go-when-will-btc-go-back-up/?msclkid=84c40867cbbc11ecaa16cc3f0e5e3bf5

[kapalmabur]

The reason why people are able to buy BTC for 3500$ was because of the covid panic of 2020 if not I don't believe that BTC could ever get that cheap, now how low do you think BTC can get to in the next bear market? It will be stupid to expect BTC to get down to a very deep price range again.

My prediction is that the Bitcoin price can still stay at a price of more than $30000,
because there are many institutions that already hold Bitcoin and buy Bitcoin at a price of more than $30000,
of course this is progress for the cryptocurrency industry,
because with the existence of institutions the price of Bitcoin is not what it was 5 years ago like the bubble.

[Dervish doff]

there are times because of information issues that make people give up their assets, if people believe in ridiculous news, then people get big losses, the role of BTC greatly affects the value of every other coin, BTC will stay at the level of the best price in crypto class, when one expects BTC fall, it will be disastrous for Altcoin holders, did they think about it.

[asriloni]

Another year and another upper bottom. That doesn't make sense if bitcoin will be going to the 4 digits again and I'm sure that bitcoin is starting to go up again. I meant you must also see how market is trying to recover itself from the dip. No one even know how dip bitcoin will be going soon but as you can see that if bitcoin has a very big chance to recover again as fast as bitcoin dumped so hard.
So it's just the matter of time until everything will be very good soon and we will see bitcoin will be mooning again. I think that people know if crypto was about dump and pump.

This is an important metric that is often disregarded but that is critical, people are always looking at the ATHs but if we take a look at the bottoms we see that the floor of bitcoin in keeps raising up, meaning that the longer we wait to buy our bitcoin then the more money we have to pay for it on average, so people should not be that worried about the future of bitcoin as it is obvious that it is going to be incredibly bright, especially since I think the economies of the world will have a very difficult time recovering from the pandemic.

Yeah people just didn't wanna try to do some analyzations to the market and they are keep using ATH as a way to know how high the price of bitcoin this time is.
Remember when we are still at 2021 people are yelling and FOMO were happening everywhere when bitcoin was touching 38k but this time crypto index and greet chart says that we are at the extreme fear.
People called this as a big bearish trend. what a non sense thing for them. they are only wanna seeing new and new ATH

[topman21]

Bitcoin is never expected to go below $20k. Everyone is now an investor in Bitcoin. Everyone has started investing in Bitcoin now The market is likely to go up but the chances of coming down are very low.In 2020 maybe because of COVID-19 the maximum came down.And for those who have invested, this is the biggest surprise to buy.Bitcoin's popularity has grown and continues to grow around the world.

[Xal0lex]

The reason why people are able to buy BTC for 3500$ was because of the covid panic of 2020 if not I don't believe that BTC could ever get that cheap, now how low do you think BTC can get to in the next bear market? It will be stupid to expect BTC to get down to a very deep price range again.

I'm sure few people were able to buy bitcoins at the March fall because of the covid. The fact is that there was panic at the time and many were sure that the fall would continue. Most likely the whales, institutionalists and those who had insider information bought at those prices.

I don't believe bitcoin can ever get back to values like 3500 and below. Most likely the bottom will be somewhere around $24-$30,000.

P.S. This thread is for a different section, this is where altcoins are discussed.

[MidNite36]

I think that deeper than 30000 we will not see, because who will ever believe in crypto if we can loose everything in short time

This is a useless point, a massive sell of has happened many times in the past due to panic or other thing, yet when the time was right sellers started buying again, crypto is highly volatile and this is why people are even investing, the lower it goes the better, holders will hold and some will even buy more.

[Zanab247]

I guess the price of bitcoin will not lower more than $30k before it will increase higher for traders to start earning income from the market. Despite the price of bitcoin just dropped down to $35k few hours ago does not mean it will continue to drop down more  because the price is about to hit back $50k before the end of this month to stop traders not to panic than to be more focus on crypto market.

[ven7net]

The reason why people are able to buy BTC for 3500$ was because of the covid panic of 2020 if not I don't believe that BTC could ever get that cheap, now how low do you think BTC can get to in the next bear market? It will be stupid to expect BTC to get down to a very deep price range again.

If you believe various rumors, then BTC should not fall much, but should start going up very soon. It’s hard to believe this, since the situation in the world is very tense, which means that the situation on the market, and even more so on the crypto market, can be unpredictable. As for me, everything will depend on the situation in the stock market, if this market collapses, then there is a high probability that the price of BTC will also go down. But again, no one knows 100% exactly how it will be, except perhaps for the big players who manipulate the markets to generate income. In our case, it remains only to closely monitor the ongoing events and respond in time to changes in the price of BTC.