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BitcoinBarrel (OP)
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June 16, 2022, 09:13:20 PM
 #41

In before sub $20k.



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June 17, 2022, 08:22:12 AM
 #42

In before sub $20k.
it only take couple of Months before it comes true , even me did not believe what you are saying last year but now it looks like clearly indeed to happen and yes it already happened.
but at least you predicted 20k and not below that level right?  Grin

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June 17, 2022, 01:48:03 PM
 #43

In before sub $20k.
it only take couple of Months before it comes true , even me did not believe what you are saying last year but now it looks like clearly indeed to happen and yes it already happened.
but at least you predicted 20k and not below that level right?  Grin
And even that, I don't think we consider "what goes up must come down" in a real scenario. Though I believe about every 4-year cycle, however, never I think we get back down like in the past year when we almost fell down on the ground and causing panic and a start of panic selling. It was indeed not what I see in the market, may Bitcoin will drop below $20k but still, I wasn't worried about the future of Bitcoin.

Now, as we can see that many investors are accumulating Bitcoin, we could think about a price increase than a continuous decline.

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June 17, 2022, 02:29:51 PM
 #44

In before sub $20k.
it only take couple of Months before it comes true , even me did not believe what you are saying last year but now it looks like clearly indeed to happen and yes it already happened.
but at least you predicted 20k and not below that level right?  Grin
Predictions that are quite painful when now come true, I hope some people here no longer predict bitcoin prices will decline because maybe some of them will come true Grin, the current decline in bitcoin prices has really made many people including me lose half of the estimated money that I have, I hope that no more bad news hits bitcoin so maybe we will not cry tears of blood again Cry.

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June 17, 2022, 03:10:12 PM
 #45

In before sub $20k.
it only take couple of Months before it comes true , even me did not believe what you are saying last year but now it looks like clearly indeed to happen and yes it already happened.
but at least you predicted 20k and not below that level right?  Grin
Predictions that are quite painful when now come true, I hope some people here no longer predict bitcoin prices will decline because maybe some of them will come true Grin, the current decline in bitcoin prices has really made many people including me lose half of the estimated money that I have, I hope that no more bad news hits bitcoin so maybe we will not cry tears of blood again Cry.

It's only painful of bitcoin will collapse and will not recover anymore. What we are witnessing now is just normal here in crypto, we've seen many times before that bitcoin collapse but the good news is that it always bounces back and recovers.

If you still remember the bull run happened in 2017 when bitcoin hit $20k, after that, the correction came and bitcoin dumped to sub $3k, that's a huge loss but those who panicked did not enjoy the bull period because bitcoin hit over $60k from $3k low in 2018 IIRC.

So the point is, if bitcoin hits $10k or $5k, I think we should consider stacking up bitcoin so we will be able to enjoy the next bull run, and I have a feeling that the next bull run will result to a new ATH of bitcoin reaching at least $100k.

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June 17, 2022, 08:19:29 PM
 #46

In before sub $20k.
it only take couple of Months before it comes true , even me did not believe what you are saying last year but now it looks like clearly indeed to happen and yes it already happened.
but at least you predicted 20k and not below that level right?  Grin
It actually took over a year because he posted this on may 2021 and the price of btc hit 20k on June the current year but yeah many people including me didn't believe that it will happen, I think that's because we only like btc to increase and increase more but we don't like it when it is dumping so we easily disagree on the topics like this most especially when the price or the market is still in good condition.

The only one that can make us believe is seeing the actual thing that happened but here it is, it did finally happen. The OP might only predict 20k but he can now be able to predict below then it since it is now very possible for the price to nose dive at any moment.

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June 18, 2022, 06:10:27 AM
 #47

I have been saying for months that Bitcoin will most likely drop back down to the 20k range. Just look at the chart from 2018!
Many new investors expect so, they are really preparing capital for Bitcoin's decline this time to $20k, they don't want to be disappointed like last year 2017.

I have to agree with your idea, the history of 2018, becomes a guide for us in the future, nothing is impossible, the unexpected happens.

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June 18, 2022, 07:11:05 AM
 #48

I have been saying for months that Bitcoin will most likely drop back down to the 20k range. Just look at the chart from 2018!
Many new investors expect so, they are really preparing capital for Bitcoin's decline this time to $20k, they don't want to be disappointed like last year 2017.
and even Us who had been holding for long ? yet  had our funds ready for this dump and indeed , bitcoin now is really making its way to the lowest and this is an advantage we don't wanna miss.
and yes , I have bought recently lol.
Quote
I have to agree with your idea, the history of 2018, becomes a guide for us in the future, nothing is impossible, the unexpected happens.
actually same as what happened in 2014 , but of course I am not in the market those time because I entered 2 years after that great bull run of halving .









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June 18, 2022, 07:30:20 AM
 #49

I have been saying for months that Bitcoin will most likely drop back down to the 20k range. Just look at the chart from 2018!
Well, it is the long term psychological support that's why when the bull run ends, it can be a strong support, and it is happening right now.

The drop of the peak to it's lowest drop in 2017-2018 was ~85% and if you will do it this time with the same percentage, it will go to $12,000 so for me if the psychological support $20,000 will be broke, I think we will see Bitcoin going as low as $12,000 because when the $20,000 support will break a huge selloff continues. Just a prediction.

In before sub $20k.
I hope everybody is ready for what is happening right now. I'm not as ready as what others are, but I'm not panicking at all and instead of panicking, I'm slowly accumulating more for the future.

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June 18, 2022, 07:48:36 AM
 #50

Well, it's happening guys. Didn't think we'd need to wait til Monday, but didn't think it'd also happen so early on Saturday, way to ruin our weekends huh Wink

Bitcoin now below the 2017 ATH is official. First time in history it's ever happened. Ethereum now below $1000 -- well below 2017 ATH.

We're going to get a lot of hurt, stay safe. What goes up must come down, we knew this was coming. Hold steadfast!

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June 18, 2022, 08:04:58 AM
 #51

And even that, I don't think we consider "what goes up must come down" in a real scenario. Though I believe about every 4-year cycle, however, never I think we get back down like in the past year when we almost fell down on the ground and causing panic and a start of panic selling. It was indeed not what I see in the market, may Bitcoin will drop below $20k but still, I wasn't worried about the future of Bitcoin.

Now, as we can see that many investors are accumulating Bitcoin, we could think about a price increase than a continuous decline.
The reason why we are not really worried about bitcoin going out, is the fact that we have been here for a while now, we know what the markets are like. This is why we believe in it so much. Doesn't mean that we can't, but it also means that we need to make sure that it is not going to be causing us to panic at all. It will go down and up and down and up and down and up again and again which will just have to be how it is.

So, just focus on what we have right now, and it's down, buy as much as you can, watch it go up, then watch it go down again and so forth. We know this, we have seen it happen before, and that is why we are acting this way as well.

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June 18, 2022, 08:17:03 AM
 #52

Well, it's happening guys. Didn't think we'd need to wait til Monday, but didn't think it'd also happen so early on Saturday, way to ruin our weekends huh Wink

Bitcoin now below the 2017 ATH is official. First time in history it's ever happened. Ethereum now below $1000 -- well below 2017 ATH.

We're going to get a lot of hurt, stay safe. What goes up must come down, we knew this was coming. Hold steadfast!
What I wanna do now? Is close my Eyes , stop looking at market stats, will use My other Mobile so i will prevent my self from checking my wallet (about how much is the value in dollar lol) and talk to my wife if I can use some of Her savings to add in our crypto holding, I will just take the advantage of the situation than feeling sorry and hurting.
though there are several thread i come across recently talking about Bitcoin falling down to 15k and below , i try preventing myself from believing lol.

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June 18, 2022, 10:42:17 AM
 #53

Well, it's happening guys. Didn't think we'd need to wait til Monday, but didn't think it'd also happen so early on Saturday, way to ruin our weekends huh Wink

Bitcoin now below the 2017 ATH is official. First time in history it's ever happened. Ethereum now below $1000 -- well below 2017 ATH.

We're going to get a lot of hurt, stay safe. What goes up must come down, we knew this was coming. Hold steadfast!
What I wanna do now? Is close my Eyes , stop looking at market stats, will use My other Mobile so i will prevent my self from checking my wallet (about how much is the value in dollar lol) and talk to my wife if I can use some of Her savings to add in our crypto holding, I will just take the advantage of the situation than feeling sorry and hurting.
though there are several thread i come across recently talking about Bitcoin falling down to 15k and below , i try preventing myself from believing lol.

Ha! I've done the closing eyes bit a long time ago. I mean, can't help but notice price whatever I do, since everything I do related to work is really just tied to this market. Couldn't avoid knowing the price even if I tried.

Just keep DCA as usual, and you'll be fine. 1 Bitcoin = 1 Bitcoin. And, unlike fiat, we know from history and from fundamentals that this is oversold, and when normalcy returns, we'll see healthier numbers.

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