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Author Topic: What kind of analysis is this  (Read 93 times)
Oshosondy (OP)
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April 03, 2026, 01:02:32 PM
 #1

ARK Invest CEO Cathie Wood said that bitcoin as a "proven" asset would no longer experience drawdowns of 85% or more from all-time highs but Responding to Wood, analyst Tony Severino predicted that 2026 would bring a price bottom equal to a 72% drawdown which means bitcoin will fall to $34000 in this bear market.

https://cointelegraph.com/markets/bitcoin-done-85percent-crashes-cathie-wood-34k-target

What I am seeing is $57380 to be the lowest price of bitcoin. Bit let me have some sentimental analyses, bitcoin is not going below $50000. Any slight fall below $50000 will lead to an heavy buy which will push the price back up above $50000 within few minutes.

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April 03, 2026, 06:39:08 PM
 #2

It is not yet possible to say how low the price of Bitcoin will fall, many people make predictions in advance, time will tell how true it is. But I have also heard in several places that there may be a big fall in the Bitcoin market. But after this fall, a big bull run may be seen in the Bitcoin market. However, there is no certainty whether this will be true or not. If the price of Bitcoin really falls below $50,000, then I will sell each of our lands and invest the entire amount in Bitcoin and as you said, if the price of Bitcoin falls below $34,000 or $40,000, then I will continue to try to buy as aggressively as possible.

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April 03, 2026, 07:10:20 PM
 #3

We never know the true speculation and predictions, as you say.

What I am seeing is $57380 to be the lowest price of bitcoin. Bit let me have some sentimental analyses, bitcoin is not going below $50000. Any slight fall below $50000 will lead to an heavy buy which will push the price back up above $50000 within few minutes.

Considering the war situation between Iran, the US and Israel, which has spread to other countries, this could cause a global economic crisis, what's more, there is news of missile targets targeting the stock exchange, technology and so on. of course this is a real threat and fear for local and international investors, of course if the situation is not controlled, I speculate the price of Bitcoin will fall even further, far from $50k...

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April 03, 2026, 07:36:00 PM
 #4

The best we can always do is speculate and no possibility Is ruled out
At first I thought we won't go under $70K or stay under
Since previous ATH was around. That range
But we did and we still there.
I can agree Bitcoin volatility has been reducing as cycles pass
But I believe like most so called expert he's speaking off his ass.
The volatility I'd usually measured from ATH not by year so yeah around $50K could be the lowest we can go.

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jossiel
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April 03, 2026, 09:56:36 PM
 #5

They're free to say any speculation based on what they think about how low it can be this time. Cathie owns a lot of it so, she's basically going to say a lot of comforting words and predictions for her satisfaction.

While the bear people can also say the same thing. So, these are mere opinions and they have the freedom to voice themselves out.

And for me, I don't like to see more drops anymore. If the range of $55k-$60k is the bottom, much better.

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April 03, 2026, 10:34:17 PM
 #6

ARK Invest CEO Cathie Wood said that bitcoin as a "proven" asset would no longer experience drawdowns of 85% or more from all-time highs but Responding to Wood, analyst Tony Severino predicted that 2026 would bring a price bottom equal to a 72% drawdown which means bitcoin will fall to $34000 in this bear market.

https://cointelegraph.com/markets/bitcoin-done-85percent-crashes-cathie-wood-34k-target

What I am seeing is $57380 to be the lowest price of bitcoin. Bit let me have some sentimental analyses, bitcoin is not going below $50000. Any slight fall below $50000 will lead to an heavy buy which will push the price back up above $50000 within few minutes.
I like Cathie Wood because of her strong confidence in Bitcoin as an asset. But sometimes she comes up with extreme predictions that sound extra ambitious. I agree with you OP that Bitcoin might not go below $50,000. Except something very bad happens to the global economy, the price in my view will always go above $50k. I am also targeting to buy more coins if Bitcoin drops within this price margin.

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April 03, 2026, 10:41:38 PM
 #7

The bitcoin market is a speculative space and everyone can just come out and say what they foresee of the market with or without facts as to why they’ve speculated it to be so. You have your own reasons to believe that the market won’t fall beyond $50,000 no matter how bearish it gets, but another speculator could just see yours not making any sense and bring up another fact as to why his is better to be looked onto more than yours.

If we’re keen on actually bothering ourselves with the speculative view of many people especially even influencers who have little, more knowledge or even plenty of knowledge about bitcoin, we will just not see any result of theirs in the long run while maybe their results was what some may be working towards. This is a speculative market than anyone can speculate on but it doesn’t mean they’re right because no one can predict the market accurately.

 
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April 03, 2026, 11:51:25 PM
 #8

ARK Invest CEO Cathie Wood said that bitcoin as a "proven" asset would no longer experience drawdowns of 85% or more from all-time highs but Responding to Wood, analyst Tony Severino predicted that 2026 would bring a price bottom equal to a 72% drawdown which means bitcoin will fall to $34000 in this bear market.

https://cointelegraph.com/markets/bitcoin-done-85percent-crashes-cathie-wood-34k-target

What I am seeing is $57380 to be the lowest price of bitcoin. Bit let me have some sentimental analyses, bitcoin is not going below $50000. Any slight fall below $50000 will lead to an heavy buy which will push the price back up above $50000 within few minutes.

Basically, everyone is free to speculate or offer opinions on how low Bitcoin’s price might go in the future, however, as holders we must be wise in our decision making and not easily fall prey to FOMO or FUD. As long as your focus is on investing, regardless of the price, you should simply continue buying within the budget you’ve set.

Personally, i believe Bitcoin price could indeed reach $34k; it’s not an impossible goal. However, there are still specific price levels that need to be broken through first. For instance, at the $50k level, there’s a demand/support zone an area that’s been tested multiple times but hasn’t been broken, merely retested before rebounding, there’s a significant number of buyers here. Perhaps next, if $50k is successfully broken out, the final defense level is at $41k–$43k, a weekly demand/strong support zone. It’s very likely this will become Bitcoin’s lowest point, as this zone is still fresh, has never been touched before and has the potential to become a reversal point.

R


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Today at 01:28:16 AM
 #9

ARK Invest CEO Cathie Wood said that bitcoin as a "proven" asset would no longer experience drawdowns of 85% or more from all-time highs but Responding to Wood, analyst Tony Severino predicted that 2026 would bring a price bottom equal to a 72% drawdown which means bitcoin will fall to $34000 in this bear market.
(....)
I somehow agree with Cathie Wood here; everything's changed now with the Bitcoin market. If we can't ever experience these huge drawdowns again, we must not also expect huge pumps or gains ever again, just like what happened in the post.
There are already a lot of things to consider now, especially since institutional money is already here. So what I can see is that we will start experiencing huge drawdowns from all-time highs, and lower volatility (compared to before).

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Today at 03:39:11 AM
 #10

ARK Invest CEO Cathie Wood said that bitcoin as a "proven" asset would no longer experience drawdowns of 85% or more from all-time highs but Responding to Wood, analyst Tony Severino predicted that 2026 would bring a price bottom equal to a 72% drawdown which means bitcoin will fall to $34000 in this bear market.
(....)
I somehow agree with Cathie Wood here; everything's changed now with the Bitcoin market.

Why do you pay any attention at all to anything Cathie Wood says?

Cathie Wood's Ark Invest has destroyed $14 billion in wealth over the past decade, Morningstar says

The Wealth Destroyer of the Decade

Anyone of us is better qualified to make analyses and predictions, because at least we haven’t spent our time destroying billions in wealth. The thing is, Wood had a few months where her investments were going really well and she started appearing in the news and on YouTube videos, but that run didn’t last long. I don’t know how she has the nerve to go around acting like she knows it all. I click ‘not interested’ on every video of hers I see, and yet I still get more of her videos popping up from time to time.

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Today at 05:45:57 AM
 #11

To be fair, anything can happen, its bitcoin we are talking about and bitcoin going lower than $50k is possible but as much as I doubt about Cathie Wood capability to predict the future price of bitcoin seeing how bad her funds has performed, I do agree with her that bitcoin already has the reputation as a proven asset and such huge drawdown won't be happening.
There will always someone in the market who are willing to bet on bitcoin and open a big long position and take advantage of it. Current prices proved it, people are still longing bitcoin at this price, surely there will be more people willing to open long at lower price.

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Today at 06:12:53 AM
 #12

I am just worried that there is a possibility of a decrease in buying interest due to the weakening market caused by a war that might become more serious. When the global economy is severely affected by the impact of war, especially if a crisis occurs, it can influence investment interest. 
If the market situation is still good, I believe that if Bitcoin drops to $50k, there will definitely be buying pressure that will push Bitcoin to move up again in a short time.

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Today at 08:04:51 AM
 #13

RE
https://cointelegraph.com/markets/bitcoin-done-85percent-crashes-cathie-wood-34k-target

What I am seeing is $57380 to be the lowest price of bitcoin.
In the end, you guys are all speculating, which should all be respected, especially as their speculations are all reasonable.

The person who said it's about 85% or the person who said 72% and you who believe it's about $57,000, and even me who believe it could hit between $45,000 - $50,000, especially if $59,835 gave way lower, have one thing in common: Bitcoin Will Sell.

So, since no one is perfect in speculation, all must be respected because, 1. we don't know exactly where it will reach before going back (we're only speculating) and 2. None is as ridiculous as those who would say Bitcoin will hit $1,000.

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Today at 08:10:23 AM
 #14

What I am seeing is $57380 to be the lowest price of bitcoin. Bit let me have some sentimental analyses, bitcoin is not going below $50000. Any slight fall below $50000 will lead to an heavy buy which will push the price back up above $50000 within few minutes.

I tend to agree with this, however, keep in mind that the buyers' money is not infinite and there's always a chance that the current state would change.

On the "analysis", I said it (too) many times before too: those "names" tend to be more focused on getting their names visible in the news/discussions than telling something accurate. Because, you know, the normal doesn't bring audience...
I'd not care that much on what they said.

 
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