Will $30k BTC Support resist?

[LuckyGamble]

If it doesn't, we will go very low very fast,, but if it does, we might see another pump!

What do you think?

 

[theshark99]

It will dump to $25k within two weeks

My mate invested $13.5k (All of his savings) when it was at $55k... so, yeah i dont know how he feels at the moment

 

[LuckyGamble]

It will dump to $25k within two weeks

My mate invested $13.5k (All of his savings) when it was at $55k... so, yeah i dont know how he feels at the moment

Yeah, FOMO breaks the portfolios every time lol.

Hopefully he hodls and hopefully price goes up as well in the future

 

[pavan]

i saw some recovery today in ETH but seems like it will go down again

 

[AI_Python]

I think people will continue to sell, but we will see ATH's in the coming months.
With the current inflation, Gold is bound to soar and then the USD will crash, and when that happens, I think BTC will soar as well.

 

[LuckyGamble]

I think BTC will soar as well.

Possibly, but each dollar's value will plumet so even if btc soars, it's purchase value will be lower compared to now; even if it's at a higher USD value per btc

 

[AI_Python]

Possibly, but each dollar's value will plumet so even if btc soars, it's purchase value will be lower compared to now; even if it's at a higher USD value per btc

Hmm, are you saying that everything else will be expensive to purchase, and therefore even if BTC's price has increased relative to the USD, it wouldn't make a huge difference in ROI?

 

[ristoriel]

It will go down further. My prediction is that: it's the right time for investors to get into the market and lock the BTCs for around 6-7 months because it's going to take time for the BTC to go up again.

 

[LuckyGamble]

It will go down further. My prediction is that: it's the right time for investors to get into the market and lock the BTCs for around 6-7 months because it's going to take time for the BTC to go up again.

I say to just keep waiting for that big crash and buy it. $30k is still too high. We need $10k-$20k and that's where im going all in.

 

[montequila]

I've been waiting for 20k for 1 year

 

[PremiumAds]

Got some friends that are day traders
BTC will drop all the way to 21k or even 18k
After that it will pump slowly to 100k within a couple years.

 

[Chris Newman]

Bitcoin will soon touch US$8000 & will then remain below US$10000 till we all are still alive. Short Bitcoin now and close the trade when Bitcoin touches US$10000 (will happen in a few months, read the following properly please) :-

Bitcoin price is being played by the big whales. Bitcoin price could even bottom out at US$8000 in a few months.
Tether regularly prints trillions of USDT (out of thin air) and sells it regularly at highly discounted prices to the big exchanges and the big whales. And the big exchanges & big whales work together regularly and use this regular flow of cheaply acquired funding to manipulate Bitcoin price on an ongoing basis, in order to regularly liquidate long trades and short trades, as when trades get liquidated, the exchanges make a LOT of profits, in which the whales also have their cut, which is in millions of US dollars a day, daily.
This is why 90% of crypto traders lose money, because in crypto trading, technical analysis and fundamental analysis means nothing much.
And all crypto traders like idiots are looking at technical and fundamental analysis. Bitcoin price is in the hands of the big whales and all other coins and altcoins prices fluctuate as per Bitcoin price.

 

[bartosimpsonio]

First gotta understand the reason for it being -50% since ATH. What's up? Fed? Bad news?

Before we can speculate on price, we gotta understand what's behind this move.

 

[terrycody]

After that it will pump slowly to 100k within a couple years.

But you never know.

I mean, its all guess. Anything can happen on Bitcoin, no one knows if it will rocket to moon or just hanging around 10K or whatever. If everything country in this world decides crack down the cryptocurrencies because they are not environment friendly, they just dip and won't back to high forever.

And I can see the possibility is really high.

 

[Starlady]

I think it will resist!!!

 

[bestspinner]

Purchase now, and then purchase more when the price drops.

 

[loukeyzee]

BTC looking very fragile

 

[LuckyGamble]

Purchase now, and then purchase more when the price drops.

Or what everyone does:

1. Buy Now
2. Panic sell when price drops

 

[Scorpion Ghost]

For the guys that are saying that BTC is going down and staying down forever. I keep an open mind right, but every time BTC has dropped in the past, the same things were said. Then a while later BTC rises and breaks the previous ATH and goes crazy.

So this time I'm not listening to you guys. I mean, I'm listening, but I'm not taking you too seriously. Thank you

 

[Laireute]

I've been waiting for 20k for 1 year

20k is very unlikely. BTC is simply in a long consolidation state now and it will recover very soon.