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.

[Frankolala]

Worst case scenario is that bitcoin will dip to an unexpected price below $59k and that doesn't mean that anyone should panic and sell in fear because the market isn't crashing. More dips give me an opportunity to buy more coins since, I am a long-term hodler and don't intend to take profits soon until, the bull run. Traders should be careful with the market movement because it's unpredictable.

[Emitdama]

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.

That will definitely be the worst case scenario. None of us want bitcoins to go as low as the 2023 levels. That would not just create panic but also fear. People will fear losing their money so they would start en-cashing bitcoins which is only going to make the situation worst. To be honest, I do not really think the $20,000 level is possible anymore but as OP quoted, let's consider this as a worst case scenario. Even in that situation, I would still stick with bitcoins because of the future potential.

As of now, bitcoins are holding strong and we do see some volume flowing in so let's not disappoint ourselves this soon. Let's wait for the party to get over first instead of jumping to our own conclusions.

[Faisal2202]

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?

You know what is even worse? When the market is going down and we are not doing anything except panicking and selling our coins instead of buying.

Yes, that's what is even worse because we would sit and look at charts going down but we won't gather enough courage to buy Bitcoin at a lower rate. We completely forget that it will recover eventually.

So if Bitcoin drops to $50k or $40k, that's not the worst situation. It will be worse if I am not buying at those ranges and keep waiting for a further drop.

[Out of mind]

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?

When the Bitcoin market performed well, many people talked about the positive aspects of Bitcoin, but recently we can see that the situation in the market is not very good. At the moment, the situation in the market is mostly red candles where the Bitcoin market has fallen a lot. However, when the Bitcoin market goes into a deep decline, it is necessary to hold its support rather than have faith and increase investment. It is normal for the market to fall, but we must believe that it will recover fully again because the market is currently in a period of decline. Recently, we can see that the situation in the market is somewhat negative and many are afraid, but maybe the market will fall for a short period of time.

[Peanutswar]

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What do you think is a realistic downside from here?

If $65,650 gives way and $59,835 (the year-low) is also broken, $50,000 is then possible.

Just seen this comment of yours and apparently right now the price does not respect its supports and instead it breaks down now seeing the price of the bitcoin drops at the 65k to 60k already happened right now with the price is we are now sitting around 58 and 59, still not weekend yet so probably more another sale rally on weekend this upcoming week.

I guess right now im seeing is the establishments and institutions adapted the bitcoin are now doing another massive selling so this creates a chaos in the market another market dump create imbalance for traders.

[EarnOnVictor]

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What do you think is a realistic downside from here?

If $65,650 gives way and $59,835 (the year-low) is also broken, $50,000 is then possible.

Just seen this comment of yours and apparently right now the price does not respect its supports and instead it breaks down now seeing the price of the bitcoin drops at the 65k to 60k already happened right now with the price is we are now sitting around 58 and 59, still not weekend yet so probably more another sale rally on weekend this upcoming week.

Oh, I could remember this. The $65,650 was an EMA support level at the time and $59,835 was the former year-low, which was broken thereafter many times, though the market has risen above it again. Just as talks have shifted towards $60,000 now, here is my most recent take on the level: https://bitcointalk.org/index.php?topic=5586774.msg66876001#msg66876001

[Wakate]

Worst case scenario is that bitcoin will dip to an unexpected price below $59k and that doesn't mean that anyone should panic and sell in fear because the market isn't crashing. More dips give me an opportunity to buy more coins since, I am a long-term hodler and don't intend to take profits soon until, the bull run. Traders should be careful with the market movement because it's unpredictable.

We are already in the bear market so I am not expecting and significant movement for Bitcoin since price started going dip.
We don't have the possiblity of seeing the price of Bitcoin going up and as investors, we need to understand the market and not rush to make any decisions that could affect our mental health looking at how the price of Bitcoin has been moving.

[Asuspawer09]

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 mean in my opinion, this was pretty much nothing at all we are still aroung 60k$ even after the drop I would say that this was a pretty good market price and high actually, since back then we can't even reach this high in the market so, I think this was a pretty solid foundation long term since after a whole 50% drop drop the last all time high we are still on pretty much great market price, I remeber the time im buying around 25-30k$ so worst case Im breaking even if it even drop to that market price, to what im seeing it was almost impossible to happened at this point.

For me, don't overreact to this movement in the market, and start seeing the long-term opportunity, you're not going to last holding if we are going to make or get afraid of these small drops in the market, still the secret is to have a solid foundation on your finances so that, you could survive anything since you don't really need to sell at all because you know this investment is for long term and just a huge gamble in the first place.