BTC will not hit $25K. [I will ban myself if it does]

If you see the daily volume that has been at those levels, you can see that it is, 30k is the support.

They are simply creating bad news for small and medium investors to sell. Why? Whales need to buy when the price is falling, because they move so much money that if they bought in a bullish or lateral market they would make the price go up too much.View attachment 173727
all I am seeing are middle fingers
 
Not so sure you have the right to BAN yourself. The bullish race is not only affected the coin asset market; Goes deeper than usual with my stock pie portfolio.

Ok then. then I will make some post that will cause u report because i know you are the top 10 reporters
 
I never understood BTC, it is not regulated, i think once it is legit, it should pop, for now, lot of unknown.
 
Actually, we have to wait for the next 3 days to see if it recovers well. I guess we will know soon
 
BTC definitely going into the 20-30k region between now and July imo. This one monthly candle has erased the last 5 months of gains for people who've bought into the hype thinking the bull run hasn't even started and that we're heading to 100k. Bull run is finished for now, bear market is in full effect. I'm actually hoping price goes back into the 40-45k area before continuing back down below 30k. Feel sorry for those who didn't take profits and are just aimlessly hodling because that's what the internet is telling them to do lmao
 
there's a probability that it will swing up and down between 15k-20k as you can see the frame from last year, its almost the same at this point in time.
 
I don't see it recover anytime soon. It might take few months or even years to recover.
 
if you want to buy the dip, you must hv money for every dip :D
unless you know for sure where the bottom is ofc
 
Recovery should take 6-24 months. This is based upon historical trend of bitcoin pricing. Also, if btc is not going up, none of the alt crypto will be going up much too (except those that are pump and dump).

From my computation, btc could drop till $18k before strong rebound starts to happen due to value buying. A fair price to purchase for retail investor would be between $16k - $22k range. Let us not talk about institutional investors supporting BTC value. They are sharks and exist only to profit from the sheeps (retail investors). For Institutional investors, they are able to short BTC, thus covering their position without selling their holdings via future contracts. Which means people like Elon Musk could be profiting without the need to sell their BTC, and he did keep his word. He did not sell his Dogecoin nor btc, he simply shorted via futures. These big players are too smart to sell outright. Due to their huge position, their selling can easily create a huge drop in pricing which could mean heavy losses due to limited liquidity in the crypto market.

Note even forex (which is much bigger than Crypto in terms of market cap) has issue with liquidity when adverse news occurs. When liquidity issue occurs, the drop in price could be very drastic.

Also remember for you to make money in crypto, someone has to lose money or willing to lose money by buying at a higher price. Same concept as forex trading.
 
If it breaks that level, 10-15k range easy peasy.

China banned, India about to ban. Look at fundamentals. And already lot of people shat bricks with the recent dip. Retail investors are going to exit their positions before you can say BTC.
India is not about to ban it it's just some more FUD spread by people. The supreme court has denied the ban on crypto and no one has higher authority than them and everywhere online I hear people saying India is also looking to ban crypto which is just bullshit.

The issue in India is banks are trying to do their own stuff and block crypto payments and free accounts and stuff which they are not allowed to do as the court has already decided it's taking over crypto. The banks and mobile wallets are giving problems to users not allowing them to add money to the exchanges and the only P2P is working properly.

On the contrary, news came recently from the government saying they are going to form a panel to study crypto regulations.

Source - https://economictimes.indiatimes.co...y-crypto-regulations/articleshow/82746324.cms
 
India is not about to ban it it's just some more FUD spread by people. The supreme court has denied the ban on crypto and no one has higher authority than them and everywhere online I hear people saying India is also looking to ban crypto which is just bullshit.

The issue in India is banks are trying to do their own stuff and block crypto payments and free accounts and stuff which they are not allowed to do as the court has already decided it's taking over crypto. The banks and mobile wallets are giving problems to users not allowing them to add money to the exchanges and the only P2P is working properly.

On the contrary, news came recently from the government saying they are going to form a panel to study crypto regulations.

Source - https://economictimes.indiatimes.com/tech/technology/govt-may-set-up-new-panel-to-study-crypto-regulations/articleshow/82746324.cms
Parliament has more authority than supreme court.
 
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