Price of bitcoin can't be constant

[GeorgeJohn]

Today I saw some group of people in my geographical environment that's discussing of bitcoin price, and one of them said that bitcoin price will continue to fall until it get to thirty thousand [30k] so based on what the young man said that called my attention to their discussion, so I have to let them know that bitcoin is unpredictable and since price of bitcoin is unpredictable you can see the price of bitcoin at eighty five thousand [85k] within short time, and it can happen to the decrement aspects of bitcoin, so what I want to ask us is that, what decrement point do you think bitcoin will reach before the price accelerate above one hundred thousand [100k] or within the range of one hundred thousand before end of this year.

[SamReomo]

Today I saw some group of people in my geographical environment that's discussing of bitcoin price, and one of them said that bitcoin price will continue to fall until it get to thirty thousand [30k]

That person who said that Bitcoin will reach $30k again is someone who's living in 2023. I don't think that we are going to see Bitcoin going below than $40k no matter how heavy dumps take place.

I know it's not impossible for Bitcoin to getting dumped to $30k value but I don't think it's going to happen now or in future.

[Wiwo]

Today I saw some group of people in my geographical environment that's discussing of bitcoin price, and one of them said that bitcoin price will continue to fall until it get to thirty thousand [30k] so based on what the young man said that called my attention to their discussion, so I have to let them know that bitcoin is unpredictable and since price of bitcoin is unpredictable you can see the price of bitcoin at eighty five thousand [85k] within short time, and it can happen to the decrement aspects of bitcoin, so what I want to ask us is that, what decrement point do you think bitcoin will reach before the price accelerate above one hundred thousand [100k] or within the range of one hundred thousand before end of this year.

I think this thread suit best at bitcoin speculation board, I was wondering what the thread is doing at trading board, since the topic borders on bitcoin price speculations, so ops you can move the thread to the right board so that we can have a constructive speculations of bitcoin potential prices.

Although both you and the guy that speculated $30k bitcoin price and you that speculated $80k are both right because none can actually predict which price bitcoin will touch in the next minute, days and months, so speculations can't be wrong no matter the price mentioned.

[FatFork]

Today I saw some group of people in my geographical environment that's discussing of bitcoin price, and one of them said that bitcoin price will continue to fall until it get to thirty thousand
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Bitcoin's price is unpredictable. Anyone claiming to know exactly where it's going is full of it. Don't listen to random people on the street spouting price predictions.

Rather than stress over day-to-day volatility, keep eyes fixed on the long-term potential.  Timing these markets rarely pans out well for amateurs.  Most of us lack the skill and emotional discipline to turn profits regularly trading such an asset.

[Zigabel]

Today I saw some group of people in my geographical environment that's discussing of bitcoin price, and one of them said that bitcoin price will continue to fall until it get to thirty thousand [30k] so based on what the young man said that called my attention to their discussion, so I have to let them know that bitcoin is unpredictable and since price of bitcoin is unpredictable you can see the price of bitcoin at eighty five thousand [85k] within short time, and it can happen to the decrement aspects of bitcoin, so what I want to ask us is that, what decrement point do you think bitcoin will reach before the price accelerate above one hundred thousand [100k] or within the range of one hundred thousand before end of this year.

Bitcoin has even gotten to 50k and has gradually retraced back to the top of the chart and the chance it will get back to 70k and further proceed to 90k or even above is very possible, the fact that bitcoin is very dynamic is one of its value system, if it were to be a static commodity, the fact remains that it was goin to me of lesser value than it is now such that many persons are appreciating it, you are very right when you said the price of bitcoin isn't predictable and that's in the fact that its not completely predictable but you can predict a range for the price of Bitcoin and its going to be within that range as predicted. we cannot say if bitcoin will get to 100k but its very possible and so far the highest it has gotten to this year is at 72k or there about so i believe it can get as far as possible but not exact predictions in this regards.

[mirakal]

Today I saw some group of people in my geographical environment that's discussing of bitcoin price, and one of them said that bitcoin price will continue to fall until it get to thirty thousand
<cut>

Bitcoin's price is unpredictable. Anyone claiming to know exactly where it's going is full of it. Don't listen to random people on the street spouting price predictions.

Rather than stress over day-to-day volatility, keep eyes fixed on the long-term potential.  Timing these markets rarely pans out well for amateurs.  Most of us lack the skill and emotional discipline to turn profits regularly trading such an asset.

There are some people who really act as if they know bitcoin very well, and we can’t do nothing with that. Instead of arguing with them trying to prove your own point of view, just leave them alone and ignore. FYI, their speculations about bitcoin won’t certainly affect how bitcoin price moves in the market. Bitcoin remains highly unpredictable, and no one can be certain with bitcoin.

Focus on the opportunities instead that bitcoin will bring whenever its price moves up or down. At the end of the day, you are sole controller of your own investment, seize while there are opportunities to buy, and hold when the market seems unstable.

[Cryptoababe]

Bitcoin can be complicated. It's unlikely to drop to a single level before accelerating to $100k. Instead, it will likely create several resistance and support levels before reaching $100k. I think it's best we acknowledge that BTC may eventually reach $100k, but trade safely to avoid liquidation rather than expecting it to accelerate rapidly to that price level.

[OcTradism]

Today I saw some group of people in my geographical environment that's discussing of bitcoin price, and one of them said that bitcoin price will continue to fall until it get to thirty thousand [30k]

When Bitcoin price is about $60k or under $60 a little bit, they are fearful of its fall to $30k. What will they do when Bitcoin actually drops to $30k?

Believe me, it is very natural and human for inexperienced people. They are fearful for deeper correction and even want to see Bitcoin price around $30k to make their entries. The fact will be funny, if price drops to $30k, they will predict another deep correction to $20k or $15k, and they will never make their buy-ins. Never.

They only regret when witnessing new ATH, hope that they did not miss opportunities in the past, but when other chances come, they refuse.

Bitcoin price can not be constant because if it has a constant price, it's dead!

[milewilda]

Today I saw some group of people in my geographical environment that's discussing of bitcoin price, and one of them said that bitcoin price will continue to fall until it get to thirty thousand [30k] so based on what the young man said that called my attention to their discussion, so I have to let them know that bitcoin is unpredictable and since price of bitcoin is unpredictable you can see the price of bitcoin at eighty five thousand [85k] within short time, and it can happen to the decrement aspects of bitcoin, so what I want to ask us is that, what decrement point do you think bitcoin will reach before the price accelerate above one hundred thousand [100k] or within the range of one hundred thousand before end of this year.

This market is always been that speculative and its been long time or since the start of this market then the price is never been that stable or simply being volatile. You cant really just that make yourself fixate
about on the price. If someone get caught your attention about the low price that someone has told then its normal because its really just that we do have our own opinions and approach towards speculative market.
So he's not wrong about 30k price but talking about realistically then we are really just that too far off then it would really be that understandable that people who are bullish about bitcoin would really be having that kind of reaction but if we do really tend to look closely then we could say that it is really that something unrealistic and thats why we are really that making those reactions.

Just let them be on whatever their views and their perceptions towards the market. There would really be those people who would really be that bearish and there are ones who are bullish
or simply that being a Bitcoin enthusiast. For those who are telling low prices then its neither they would really be just that liking to have a low entry to buy more or simply
they are really that too negative about Bitcoin and this is the reason on why they do have these kind of sentiments.

[Yaunfitda]

Today I saw some group of people in my geographical environment that's discussing of bitcoin price, and one of them said that bitcoin price will continue to fall until it get to thirty thousand [30k] so based on what the young man said that called my attention to their discussion, so I have to let them know that bitcoin is unpredictable and since price of bitcoin is unpredictable you can see the price of bitcoin at eighty five thousand [85k] within short time, and it can happen to the decrement aspects of bitcoin, so what I want to ask us is that, what decrement point do you think bitcoin will reach before the price accelerate above one hundred thousand [100k] or within the range of one hundred thousand before end of this year.

Of course, the price of Bitcoin is going to fluctuate, no matter what, just like in the last couple of days, we've seen it at $61k then suddenly it went down to $58k right now. We really don't know what's the cause of this correction as I thought that at least the bearish trend might be over already. Nevertheless, in the last 24 hours it goes down so it's really unpredictable. Regarding your question, again, there are factors that might affect what could be the lowest low before we can gradually see the price goes up and then go on a parabolic rise. It could be $30k or $40k, but nobody knows. The best thing to do is just continue to accumulate as much as you can if ever we see the price tumbled again and look at the bigger picture. So don't stress yourself, sooner or later we will see that $100k, maybe next year.

[tottong]

Today I saw some group of people in my geographical environment that's discussing of bitcoin price, and one of them said that bitcoin price will continue to fall until it get to thirty thousand [30k] so based on what the young man said that called my attention to their discussion, so I have to let them know that bitcoin is unpredictable and since price of bitcoin is unpredictable you can see the price of bitcoin at eighty five thousand [85k] within short time, and it can happen to the decrement aspects of bitcoin, so what I want to ask us is that, what decrement point do you think bitcoin will reach before the price accelerate above one hundred thousand [100k] or within the range of one hundred thousand before end of this year.

I'm not so sure whatever you try to explain to them will be listened to because I myself have been in that condition and they just say you are not able to think anymore.
In the realm of understanding the layman about bitcoin, they never want to know about this issue and even if there is a discussion there, it is only limited to a conversation that has no conclusion.
The period of bitcoin's emergence until now is a picture where the price of bitcoin is not easy to predict and for the price issue, it is not going down but rather going up from its initial emergence.

This is why it is difficult to explain to them because they have never found out the price of bitcoin when it first appeared until now.
In fact, when they want to find out, there are answers to all the questions they discuss because bitcoin has a history that can be seen.

[2Pizza410000BTC]

Today I saw some group of people in my geographical environment that's discussing of bitcoin price, and one of them said that bitcoin price will continue to fall until it get to thirty thousand [30k] so based on what the young man said that called my attention to their discussion, so I have to let them know that bitcoin is unpredictable and since price of bitcoin is unpredictable you can see the price of bitcoin at eighty five thousand [85k] within short time, and it can happen to the decrement aspects of bitcoin, so what I want to ask us is that, what decrement point do you think bitcoin will reach before the price accelerate above one hundred thousand [100k] or within the range of one hundred thousand before end of this year.

The entire cryptocurrency market, including the Bitcoin market, is full of volatility. In this volatility the market can take any situation at any time. It is very difficult to say exactly whether the market can go down or up, but it can be said that the Bitcoin market is likely to go up. Especially since we have been through the Bitcoin halving for quite some time and the bull-session after the halving will begin a few months later, it can be said that the Bitcoin market will be in a good position by the end of 2024 and into 2025. Many influencers predict that Bitcoin will hit $100,000 by 2024 or 2025, but let's see what the last minute can do. Not only on the basis of location but must invest and move forward with that investment. Profitability can be found only if the market grows if the investment can be moved forward.

[JeffBrad12]

current price which is floating around $52k - 58k gonna be bottom floor I think because things are different, we got ETF, and we got big institutional investors investing billions worth of money into BTC they won't let BTC tank and reach another low of sub $30k. MicroStrategy literally getting billions worth of loan to buy BTC right now.

the speculation about bitcoinr eaching $30k is pure bs in my book, no way price could reach that low if there are so many people opening long future contract when BTC price going $51k unless there are really bad news with BTC such scenario won't happen, they are being too pessimistic.

[Oshosondy]

so what I want to ask us is that, what decrement point do you think bitcoin will reach before the price accelerate above one hundred thousand [100k] or within the range of one hundred thousand before end of this year.

You have answered the question by yourself which is that nobody knows the price bitcoin will fall to before it increased to six figures. Bitcoin may fall or may not fall below $50000 before it will increase above $100000. Bitcoin may fall below and get to almost $30000 which will give another buying opportunity to some people to buy bitcoin or to accumulate more bitcoin. No one knows for certain if bitcoin will fall to $30000 or not. But if I should guess, bitcoin is not going below $40000 for now. There would be another huge resistance at $50000.

[knowngunman]

Today I saw some group of people in my geographical environment that's discussing of bitcoin price, and one of them said that bitcoin price will continue to fall until it get to thirty thousand [30k]

That person who said that Bitcoin will reach $30k again is someone who's living in 2023. I don't think that we are going to see Bitcoin going below than $40k no matter how heavy dumps take place.

I know it's not impossible for Bitcoin to getting dumped to $30k value but I don't think it's going to happen now or in future.

I won't be surprised if what both of them are speculating come to pass. I remember sometime last year or so when we had a very deeper dump but guess what...we bounce back to where we are today. I have no problem with dumps as far as it'll bounce back to where it supposed to be. I don't see us going back to as low as 30k thou it's possible but hardly.

To Op, nothing is constant in the universe let alone in crypto. Even the acclaimed stablecoins price are not entirely stable. Bitcoin will not be different from traditional currency if it has a constant price. That alone makes it unique. You don't have to be listening to random people on the straight hence you need personal research if you are willing to invest.

[Awaklara]

Today I saw some group of people in my geographical environment that's discussing of bitcoin price, and one of them said that bitcoin price will continue to fall until it get to thirty thousand [30k] so based on what the young man said that called my attention to their discussion, so I have to let them know that bitcoin is unpredictable and since price of bitcoin is unpredictable you can see the price of bitcoin at eighty five thousand [85k] within short time, and it can happen to the decrement aspects of bitcoin, so what I want to ask us is that, what decrement point do you think bitcoin will reach before the price accelerate above one hundred thousand [100k] or within the range of one hundred thousand before end of this year.

are the people who speak experts? or just words from people who really like Bitcoin?
predictions can come from anyone, but we don't need to take them too seriously. we can see the movement of Bitcoin prices, there is no need to be too stressed by the movement of Bitcoin prices that move in a short time, we always believe that Bitcoin is very good for the long term. no matter the time frame until the end of the year it will reach $ 100k or not. because it can be achieved or not.

[AprilioMP]

Today I saw some group of people in my geographical environment that's discussing of bitcoin price, and one of them said that bitcoin price will continue to fall until it get to thirty thousand [30k] so based on what the young man said that called my attention to their discussion, so I have to let them know that bitcoin is unpredictable and since price of bitcoin is unpredictable you can see the price of bitcoin at eighty five thousand [85k] within short time, and it can happen to the decrement aspects of bitcoin, so what I want to ask us is that, what decrement point do you think bitcoin will reach before the price accelerate above one hundred thousand [100k] or within the range of one hundred thousand before end of this year.

Tell them that the price of bitcoin cannot predict must be equipped with reasoning that makes them able to digest well so that there is no debate that makes you unable to justify if what you convey is true.

I mean, you must understand scientific theories complete with references.
During this time I always avoid advising people to be able to accept what I think, especially about Bitcoin. Regarding the price of Bitcoin, it does not need to be explained because people have held the world through Android or Mobile. Bitcoin is not merely about price.

[BABY SHOES]

Maybe your friend has a different view of bitcoin so saying bitcoin will fall to $30K because this cannot be predicted as well as your statement bitcoin will go to $85K then who knows bitcoin will go there?

IMO the lowest point of decline in bitcoin to $45K if there is negative sentiment again the rest will not touch at the price of $30K again because it has a different view then the price is too low and bitcoin is still strong to hold before the free fall then this never thought in my mind.

For $100K it is in 2025 predicting it.

[Baki202]

Today I saw some group of people in my geographical environment that's discussing of bitcoin price, and one of them said that bitcoin price will continue to fall until it get to thirty thousand [30k] so based on what the young man said that called my attention to their discussion, so I have to let them know that bitcoin is unpredictable and since price of bitcoin is unpredictable you can see the price of bitcoin at eighty five thousand [85k] within short time, and it can happen to the decrement aspects of bitcoin, so what I want to ask us is that, what decrement point do you think bitcoin will reach before the price accelerate above one hundred thousand [100k] or within the range of one hundred thousand before end of this year.

It is normal that people will always have their own idea about what is currently going, is just for them to understand that even with analysis you will find it hard to be able to predict the movement of bitcoins price, and if you have bitcoins and always concentrating on the market you will just get your self bothered and you will start having serious thinking of when will the price go up. And it is good that you told them not to rely of their predictions because they might feel like the price will go up and before you know it the price will be going down so anything can happen when you are investing in bitcoin. And because of this lack of understanding people have about the market is really affecting their performance in terms of investment because they are always worried and I don't think the price will come below 30k before it bounces to 100k and before that happens am very sure that nobody will expect it when it wants to happen, it is better to have your self prepared so that when it hits that price you will have God to thank for such a huge return.

[batang_bitcoin]

When there are discussions like that and upon hearing someone says that they've got some certain price, I think that's also their thought of buying more and that's fine. Everyone has a speculation and some prices roaring on their minds on how much Bitcoin can be as its floor price. We've seen it having some flash crash and pulled back to $49k and it's true that price can't be constant as you won't see that on a volatile asset that keeps on fluctuating from time to time. We cannot be sure on how long it will stay on the current price but then, long term holders won't have to be bothered with such.