Did you sell off during the 21k price breach.

[STT]

As a trade a pullback is normal but how far does it go before negating the hopes of a bullish move.   I think we might have already done enough to leave the ski slope regular decline since the peaks, that means even if we do lose some of these gains we should see a reappearance of positive gains later.
  Recent peak was November start pricing, on that scale we just need to stay above the mid December highs and it still has BTC acting well overall.

[inthelongrun]

I haven't sold anything. Not this time, the price is just too cheap compared to the next 2 years. So, is there anybody here that expects bitcoin to drop again to $16k? I would be glad for bitcoin to drop again to $16k so I can buy more at a low price but I don't think it will happen again. The only reason it dropped that low was due to FTX anyways and bitcoin has nothing to do with that scandal. I'm just glad that I was able to buy some at $16k and $17k levels. Although I will continue with my monthly bitcoin purchase either it is up or down.

[Wiwo]

Not many people expected the sudden rise in the price of bitcoin in the early part of 2023 as speculation i have online and also in the forum have started the bull is not going to be coming anytime soon. But the price of bitcoin surprisingly reached 21k on Saturday and many short time holders saw this as a wonderful opportunity to sell off some of their coins and wait for the price to go low again before buying.

So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?

Of a truth, no one can predict the direction the market will take next and as you have said many short term holders short their short in the last few days to cash in on the bitcoin price flow of last week. But at the moment bitcoin price is relying around 20700 which for now is a good price most especially to those that entered the market when the price was at a discount low of 16k some few weeks back.

[kawetsriyanto]

Not many people expected the sudden rise in the price of bitcoin in the early part of 2023 as speculation i have online and also in the forum have started the bull is not going to be coming anytime soon.

How do you know that not many people expect BTC to increase in early this year?
I assume that people always want to see BTC to skyrocket as soon as possible. Everyone must be eager to take profits quickly, it is normal. But it mostly takes time to see BTC price increase significantly. So, no instant profits are easy to earn.

So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?

TBH, I never expect that BTC to drop again below $20k.
I really hope that BTC can constantly increase its price. I expect that BTC can increase to $25k in the next few weeks/months. So, we have a chance to see BTC price around $30k again in Q2-Q3 of this year.

[Hamphser]

I haven't sold anything. Not this time, the price is just too cheap compared to the next 2 years. So, is there anybody here that expects bitcoin to drop again to $16k? I would be glad for bitcoin to drop again to $16k so I can buy more at a low price but I don't think it will happen again. The only reason it dropped that low was due to FTX anyways and bitcoin has nothing to do with that scandal. I'm just glad that I was able to buy some at $16k and $17k levels. Although I will continue with my monthly bitcoin purchase either it is up or down.

If you are going for long term then this would be the main thing on your mind and wont really be making yourself been affected on what others been trying to do so but if you are that someone who do loves to

make short trades then you wouldnt really be minding about on long term but rather be positioning yourself into those cheap prices and would take up some opportunity to buy.Not all would really be that having the

patience on waiting up for too long before they could cherish out the profits that they do make.Selling out on 21k price point isnt really that a bad idea and i did eventually do
that recently and im now waiting for some potentially pull back.

[TravelMug]

I haven't sold anything. Not this time, the price is just too cheap compared to the next 2 years. So, is there anybody here that expects bitcoin to drop again to $16k? I would be glad for bitcoin to drop again to $16k so I can buy more at a low price but I don't think it will happen again. The only reason it dropped that low was due to FTX anyways and bitcoin has nothing to do with that scandal. I'm just glad that I was able to buy some at $16k and $17k levels. Although I will continue with my monthly bitcoin purchase either it is up or down.

Yes, as I have said, this is bad timing for a sell-off. If there is a price that we need to sell or speculators thinking of selling off, it should be around $30k-$40k range because if you bought or started to accumulate at the $15k-$16k range, then your money has been double.

But if you look for a long term, which majority of us do, not going to sell this the next bull run.

There is a expectation that the next bull run will be in the 6 digit range figure. So just a bit of patience for us, just saying.

[kotajikikox]

I did a little mate , yeah i sold half of my coin yesterday and yes also i am looking for opportunity to re enter buying when the bear comes back and I'm sure this is going to happen any time soon.
I don't wanna be rude here and i also don't wanna break your momentum but lets face the reality that this small bull is just here to stay low and will not going far for the time being.

I did not sell any bitcoin as we went over $21,000. I do not think it is a time to sell this year, we are still in a downtrend & until the price breaks above something like $30,000 that is not invalidated. I’m not totally sure that we won’t revisit lows. If you can take opportunity to scalp some profits then go ahead but I have a longer term plan with bitcoin. Everybody has different needs & plans so do what is best for you & your families.

this is why I leave half of my funds if ever the price reached out 30k then i may sell more but I am ready if there is nothing comes sooner so I sold some of it.

[Davian144]

I did a little mate , yeah i sold half of my coin yesterday and yes also i am looking for opportunity to re enter buying when the bear comes back and I'm sure this is going to happen any time soon.
I don't wanna be rude here and i also don't wanna break your momentum but lets face the reality that this small bull is just here to stay low and will not going far for the time being.

Everyone has their own view of seeing the market momentum at the moment so the decision to sell coins like you did is also not the wrong decision to make because it certainly has very special reasons when you sell half of it. Likewise with other people who still maintain it and do not sell at all in conditions like now. This means that both are not wrong to do as long as it can still make someone feel comfortable and not become a problem in their life.

[ilovealtcoins]

So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?

There is still a chance bitcoin will drop to $16k again, what is happening is more of a trap than a real bull run. But I will not sell my bitcoins at this price or higher because there is no guarantee bitcoin will fall back. The profit is also too small if anyone sells from now on, I think most people will wait until bitcoin hits ATH to start selling them.

[yudi09]

The price increase from $16K to $21K that is still holding today is an advantage and many people still have the desire to continue to higher prices with the aim of attracting capital.
Those who are still planning to collect more Bitcoin hope that the current situation does not continue because buying at prices like today is different from the acquisition of the amount when buying at $16K and $17k.

Today Bitcoin had another dip and is already under $21K at the moment, although this is a normal dip which then looks sideways again. But it's also still very good for the holders and for Bitcoin because the possibility to increase again is still there even though a sudden drop like today also has the possibility to come again for Bitcoin

Selling some at $21K could provide a profit with the aim of buying again when the price is lower than now. But it is uncertain whether the price will drop back below $17K. I think it is better to hold back than to sell at the current price.

Traders who had bought at a price of $ 16K to $ 17K really didn't matter if they chose to sell some at a price of $ 21K, because that was for the sake of taking profits that were in sight. But for holders or investors who intend to invest in the long term, I think selling some for now is too early because they are still likely to look and find a much better price than now on Bitcoin.

We still consider it positive as the $20K price could be a support point for the beginning of the year. Yes. We can say that the current situation is still good but still dare not say that it is normal even though the movement is only moving sideways.
For those who sold part of the asset to make a small profit because the purchase price at that time was lower than the current price, there is nothing wrong. But it is better to be patient for a while longer.

[Beparanf]

So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?

There is still a chance bitcoin will drop to $16k again, what is happening is more of a trap than a real bull run. But I will not sell my bitcoins at this price or higher because there is no guarantee bitcoin will fall back. The profit is also too small if anyone sells from now on, I think most people will wait until bitcoin hits ATH to start selling them.

I don't see anything wrong with selling Bitcoin above 21K due to the abnormal price pump of Bitcoin for a short time. Holding until ATH is a good strategy too but taking a profit on a sudden pump like this is good too because there's always a correction for every price action like this since impulse traders will surely take a profit when after they bought below 20K once the price stops moving above. The current price is already stagnant at 21K level which is a sign that bulls power is weakening. It's either we will experience accumulation and then pump or a quick correction will happen but I'm more on the correction scenario since there's no real big news backing this run.

[lizarder]

So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?

Personally I prefer bitcoin to be held long term and haven't decided to sell my bitcoins for now, although in the future bitcoin will experience a correction back to 16k, for me this year bitcoin will experience a gradual increase, so deciding to sell now is not the time right, even though many people are trying to take short term profits in bitcoin. Everyone must have their own way of entering or selling the bitcoin they have.

But for me long-term use is much more profitable, as long as we can wait for the achievement of ATH and not panic when the correction process takes place, 2022 was a bloody year for bitcoin, but this year I am optimistic that bitcoin will gradually increase and a recovery point has occurred within a few weeks.

[fadhilz123]

There is still a chance bitcoin will drop to $16k again, what is happening is more of a trap than a real bull run. But I will not sell my bitcoins at this price or higher because there is no guarantee bitcoin will fall back. The profit is also too small if anyone sells from now on, I think most people will wait until bitcoin hits ATH to start selling them.

If you consider the increase that occurred this month as a trap, it means that you are still very doubtful about the increase in Bitcoin because I never thought the increase in Bitcoin was a trap. Bitcoin's potential to increase this year also has a greater possibility than a price drop to the level you mentioned.

Because some investors and traders have also started to pay attention to Bitcoin again in the market even though there are two possibilities that could still happen to Bitcoin this year, but the possibility to increase seems to be far greater than a price correction to a lower level.

[Kelvinid]

There is still a chance bitcoin will drop to $16k again, what is happening is more of a trap than a real bull run. But I will not sell my bitcoins at this price or higher because there is no guarantee bitcoin will fall back. The profit is also too small if anyone sells from now on, I think most people will wait until bitcoin hits ATH to start selling them.

If you consider the increase that occurred this month as a trap, it means that you are still very doubtful about the increase in Bitcoin because I never thought the increase in Bitcoin was a trap. Bitcoin's potential to increase this year also has a greater possibility than a price drop to the level you mentioned.

Because some investors and traders have also started to pay attention to Bitcoin again in the market even though there are two possibilities that could still happen to Bitcoin this year, but the possibility to increase seems to be far greater than a price correction to a lower level.

We can't stop people from thinking about the possible trap because it also happens multiple times. This gives the idea to become more cautious and careful with all our actions when there is a pump of price. If they are selling their Bitcoin now it is probably because they wanted to take advantage of the price increase and make a profit as they never know when it comes again. But if you are still holding, we don't need to worry because Bullrun is also possible to come and it was even more profit to earn either.

[Nrcewker]

So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?

Like I said earlier many times, the price of the coin solely depends on us. If we demand to buy more coins, then the price will rise, if we demand to sell more then the price will fall. And this happens in whole and bulk amount. The reason for which this happens is due to the Supply and Demand method. Now regarding the price, I don’t think it will fall anywhere too soon. Bitcoins always followed a similar growth pattern, and this time it is a hint of starting the bull market. Let’s see what happens next, this next 2-3 weeks will be very crucial.

[Bitcoin_people]

I noticed that the Bitcoin market suddenly spiked to $21,000 in early 2023. however, it is difficult to say whether the Bitcoin market will return to $16,000 in 2023. It may actually come, but most of the time, it looks like Bitcoin will grow slowly in 2023. Bitcoin will increase in value in 2024, so it seems wise to invest in Bitcoin. Current market looks like bitcoin price is between $21k to $20k and likely to increase gradually.

[sana54210]

So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?

Like I said earlier many times, the price of the coin solely depends on us. If we demand to buy more coins, then the price will rise, if we demand to sell more then the price will fall. And this happens in whole and bulk amount. The reason for which this happens is due to the Supply and Demand method. Now regarding the price, I don’t think it will fall anywhere too soon. Bitcoins always followed a similar growth pattern, and this time it is a hint of starting the bull market. Let’s see what happens next, this next 2-3 weeks will be very crucial.

There is a "hint" of starting the bull market, but that hint is not enough. We need some more proof that it's going to be on the bull market, which is going to be difficult to handle but I think it could very well happen. We just need to make sure that it's going to end up being good overall.

I believe that we should be focusing on making some sort of profit in the long run by buying low, but we shouldn't have any type of indication where it's going, we could wait for a month, we could wait for a year, and it should be fine. I do believe that it the start of a bull run, but I won't tell anyone to wait for a big increase coming up soon, it's just not something I could predict.

[erep]

Everyone has their own view of seeing the market momentum at the moment so the decision to sell coins like you did is also not the wrong decision to make because it certainly has very special reasons when you sell half of it. Likewise with other people who still maintain it and do not sell at all in conditions like now. This means that both are not wrong to do as long as it can still make someone feel comfortable and not become a problem in their life.

Every investor has a strategy in every investment because some investors judge the current momentum to recover losses so sell some at the recovery price and buy it again after the market correction, they may be big investors so selling half of the assets can make a few thousand dollars profit, but it doesn't matter if they use some of the assets for short-term trading for the purpose of covering losses on some of the other assets if the price decreases due to the uncertainty of market prices.

[uneng]

So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?

Some investors have sold their bitcoins once the price spiked to 21,000$, as they believe there is going to be a deep correction to previous price ranges this year yet. However, by watching the charts it's possible to see not too many investors are thinking like this, since we are still in the same 21,000$ level, otherwise we would have already seen a massive drop to 18,000$ at least. That means most investors are not giving up their holdings for short term gains, so I would say it's safer to do exactly like them, just hold.

[Ayebabara]

Is hard to predict the next move, but with the current market cap of $977.09B I don't think this is going back to $16k in the next few days. I know it was a nice surprise to see btc touching $21k, and some of us feel bad for selling in the past days at $17k... but that's how the markets rolls, Bitcoin loves to give us these crazy moves. Let's see what this week has for us.

I also think it will go back to the $16K margin the best thing for any one trying to accumulate will be to do DCA at least every week because I believe each we will have new price either a huge dump or high rise. With DCA the loss might be minimized or the profit been maximized. Right now I am not selling off till we touch maybe $50k something I see to happen by ending of the year. This little market pump is the best time to sell of all altcoins

As seoincorporation said it is very hard to predict the next move of the market, but according to some experts, bitcoin price will reach 22$k this year then it will go down to the previous normal stand of $15k till next year which will boost the price to ATH in 2024. But that is human calculation and Prediction but the method might change dimension. Zaguru12 that is what many predictors are also saying that the price will go back $16 or below. Last year December I sold off all my BTCs in the trust wallet. And in this year I will open a non custodian wallet to start afresh. In the world of bitcoin it will s good to be proactive. Be calculative and risk minded so that the market will not take you by surprise.