What is your worst case scenario for Bitcoin right now?

[fredericktaylor]

The price of Bitcoin is very volatile, so nothing can be said for confirm about the increase or decrease in price, it is not possible to be confirm that an investor will make 100% money quickly by investing in Bitcoin but if you manage your investment in a disciplined manner with a long-term plan and wait for the right time with confidence, there is a possibility of making money in the future, because the price of Bitcoin increases in the long term. Therefore, it is very important to buy Bitcoin with the money we can afford to lose. As a result no matter what the market situation is, we can hold it in the long term with confidence and expect good results in the future. If we buy Bitcoin consistently with a long-term plan, it is better to buy Bitcoin in small amounts continuously and focus on reaching our goals without paying attention to market volatility.

[tygeade]

I would guess that worst case scenario would be going under 40k, and that is not really that bad. People talk about worst case like bitcoin going down is bad, but the reality is that if you do have money on the side, then bitcoin going down is not that bad for you, it would be able to recover and do a lot better.

Because you could buy with the money you have, when it's down, and you will wait and get a lot better with time as well. It is not really that unheard of, every bear market people with money end up buying bitcoin, at lower end, and then they wait a few years and sell at the peak. This is a very legit way of making money and I feel like we are going to see this grow a lot bigger on the long run, shouldn't really be worried.

[fuguebtc]

I would guess that worst case scenario would be going under 40k, and that is not really that bad. People talk about worst case like bitcoin going down is bad, but the reality is that if you do have money on the side, then bitcoin going down is not that bad for you, it would be able to recover and do a lot better.

Because you could buy with the money you have, when it's down, and you will wait and get a lot better with time as well. It is not really that unheard of, every bear market people with money end up buying bitcoin, at lower end, and then they wait a few years and sell at the peak. This is a very legit way of making money and I feel like we are going to see this grow a lot bigger on the long run, shouldn't really be worried.

The investors who make the most money in the market are those with large capital, who hold for the long term, and who know how to take advantage of opportunities to buy at low prices.

Therefore, I do not think there is such a thing as a bad scenario for Bitcoin. Bad things only happen when we are unprepared, when we do not have a backup plan for market scenarios that go against our prediction.


If Bitcoin falls below $40k, that would be the best case scenario for us.

[Free Market Capitalist]

What do you think is a realistic downside from here?

The most realistic scenario for me would be a drop below $60K without a catastrophe occurring. In other words, $50K at most. The thing is, technically, that would look very bad and could take us back to the January 2023 lows of $20K or a little less. This would be an absolute worst-case scenario in which panic takes hold of the market.

[Crypto Library]

Bitcoin has been doing well lately, but most people are only talking about the upside . I’m just thinking about the other side. What could go wrong from here?
For me, a worst case would be losing important support and seeing a bigger drop again, maybe if macro conditions get worse. I’m not saying it will happen, just trying to look at both sides.

What do you think is a realistic downside from here?

I don't know who are those people who are expecting the price of Bitcoin to go up now. All I can say is that those who are expecting the price of Bitcoin to go up at this time are at least not experienced in the crypto world and are only saying these things based on hype without any proper analysis. Because if you do the analysis, everyone will at least say that Bitcoin will go into the bear season ahead and make its bear bottom price.
And in my personal opinion I will only say that bitcoin will obviously goes more worst market, because we already passed the bull season in the previous year and this year should be on bearish and right now that is actually happening there is no unfortunate things is happening on the market.

[barbara44]

I think we already are experiencing the worst case scenario. Bitcoins have dropped drastically from $124k point which made them remain bearish for a while. Even now, price goes sideways before crashing a bit again. At this point, bitcoins have stabilized above $60k so there's our hope. If in case bitcoins fall below $60k than the only strong support will be at around $50k. Anything below $50k will be a free-fall so yes, you might need to be prepared for the worst case scenario even if that's not really required.

I think $50k would be the rock bottom and bitcoins will eventually start the recovery process on hitting that mark. I would still stay cautious at that mark because volume can come into picture anytime.