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Author Topic: Who wants Bitcoin to fall below $ 60 k?  (Read 1183 times)
bubilas
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May 10, 2026, 06:19:18 AM
 #161

I would like Bitcoin to fall lower and I would buy. But it's unlikely to be.
The cost of production is one of the best indicators of the bottom for bitcoin.
And this is the third time bitcoin has reached this level in the current cycle.And the price of 60k was just the zone with a bottom from which Bitcoin pushed off. This has already happened in 2023 and in the middle of 2024. In general, Bitcoin has shown strong growth, but the volume of profit taking is still low.
Even the main group of coins subject to profit-taking (coins accumulated from 1 week to 1 month) is practically not sold compared to large rallies.
This indicates that this movement potentially still has room for growth.

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May 10, 2026, 06:31:33 AM
 #162

Since the first post made by OP have been one month but bitcoin keep strong raise to higher price and recently break out above $80k after long term waiting for, in my opinion difficult and less chance bitcoin will dump again below $60k after last years large correction and right now the uptrend moment for bitcoin recovery back to higher. Better forget OP expectation bitcoin to fall below $60k because almost impossible for right now after bitcoin get strong and recovery back above $80k, many good and positive news make bitcoin keep stable on higher price for right now and OP better entering current price or get disappointed when bitcoin hit back to higher price.

Usually the second and third quarter bitcoin show good pattern and back to higher price, if you won't miss great chance buy back and invest at bitcoin right now before hitting back to higher price.

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aoluain
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May 10, 2026, 06:33:51 AM
 #163

I would like the market to drop below $60k because I simply want to buy and at the best rate
I can get.

I have FIAT sitting and waiting for the most opportune time, after all we are supposed to be
in a Bear market and war time with a potential global recession/depression looming.

Holding FIAT to buy Bitcoin at an opportune time is not something I normally do but I have
in the past 12 months have bought Bitcoin in the range of $80k to $112k but in 2026 I am
holding out!

I do not understand why people are so afraid of Bitcoin dropping sharply. I also do not like waiting, and I prefer buying using the DCA strategy to reduce stress and risk.

However, I also want the market to fall below $60k and believe that will happen. If that actually happens, it would be a huge bargain because accumulating bitcoin would become easier and less expensive. But it is hard to understand why so many people do not want that.


My prediction is that we will see a decline again in the final quarter of the year.

I think some people are afraid of the market dropping because it creates a fear and
uncertainty that maybe the market will keep going down and stay down for an extended
period of time.

Having the market up is for sure a great feeling and I can understand anyone wanting
the market to be up if they want to sell but if you dont want to sell - or buy it doesnt matter
where the market goes.
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May 10, 2026, 11:59:53 PM
 #164

Its not going to fall this far, its trending up strongly and dollar is weak.   2nd attempt to pass the 200 day moving average and lows today above the weekly average, I dont think 60k is a nearby or likely future stop for BTC.  We've got no hint of that negative move or reason to suspect it should occur.

Once / if BTC makes negative moves it might be viable but a spike down or sudden sell off would require a much stronger dollar is my take, its got many doubts so alternate assets are doing well in holding ground or gaining back on course to previous highs such as BTC.

60k at present is now registering below the very long term 200 week average.  We can trade that low but to expect or plan that route without reason is not especially logical in current context.

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May 11, 2026, 04:46:32 AM
 #165

I would like the market to drop below $60k because I simply want to buy and at the best rate
I can get.
Hoping for bitcoin price to go below $60k so you can buy at best rate is not really a good thing. You want the big holder like Microstrategy to get squeezed having bearish sentiment because their will fall below 1 putting strain to the entire company just so you can buy it at cheaper, I doubt at that time you will buy bitcoin because the fud will be everywhere. It's significantly better if bitcoin could stay above $80k for the good of the market. As much as you want a better entry price, only 25% fall for a that many problem isn't worth it.

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May 11, 2026, 06:11:38 AM
 #166

I want Bitcoin to fall below $60,000, and that's possible given current market conditions.

Do you want Bitcoin to fall below $60,000?

That ship has sailed now that BTC has tested the $80K level. I’ve already detailed the reasons why in my previous post.
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