I just wanna know a few more opinions about that. I was thinking that it will reach 35 or 30k but day by day I'm starting to think that it could drop to 10k.
Will bitcoin crash till 10k? |
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Jan 21, 2022 10:32 AM
(This post was last modified: Jan 21, 2022 10:33 AM by G Eazy.)
It's not going to 10k it's just not going to happen. 25k-28k I could see but that's the lowest in my opinion.
I think $18-20k is around the place i'd be looking to go full risk on, do i think we see 10k again? probably not
but the people saying "its just never gonna happen, its impossible" are delusional, with the right (bad?) market conditions we could see 10k again imo, for a brief moment.
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(Jan 21, 2022 10:32 AM)G Eazy Wrote: It's not going to 10k it's just not going to happen. 25k-28k I could see but that's the lowest in my opinion. I think it could go till 10k for little time but I think it's possible.
I've stated not long ago that we would find some "support" around 38k but my next target is 35k. I still hold this mindset and I do not expect 20k to ever be reached again. Would be interesting to see if we double bottom at 28k-29k. I've been on the sidelines for a few weeks. Putting funds into Anchor protocol to sit until I'm ready to buy. I don't expect to buy the ultimate bottom, but I do expect to get some decent entries before we come back up again. I still have my sights set on long term over everything. I'm not selling my ETH and I'm not exchanging UST for any other coins yet. Very excited to get some great deals!
(Jan 21, 2022 11:17 AM)【OMEGA】 Wrote: I have no doubt in my mind we are gonna see BTC around 10-15 again at some point. If we truly hit a bear market see you in 10. ETH in 500 I looked from ATH to your ideal pricing. Are you basing these off of previous bear market drops of around 80-90%? If so, what draws you to think we will repeat these types of dips? Not saying it's impossible, but I'm curious to what makes you think this sir. I do not believe we will see these types of dips but it is entirely possible. Anything is "possible".
Jan 21, 2022 11:30 AM
(This post was last modified: Jan 21, 2022 11:31 AM by 【OMEGA】.)
(Jan 21, 2022 11:25 AM)Echoz Wrote: I looked from ATH to your ideal pricing. Are you basing these off of previous bear market drops of around 80-90%? If so, what draws you to think we will repeat these types of dips? Not saying it's impossible, but I'm curious to what makes you think this sir. I do not believe we will see these types of dips but it is entirely possible. Anything is "possible". No its not becuase of previous bear markets. But it will become natural that we will go way lower than most expect if we hit a 2-3 year bear market. I don't think it will happen over night. But i believe we are gonna see them low. This is my main reason to why. Alot of old/boomers are heavily invested into the traditional markets, Stock markets, Gold, Silver, and so on. And these guys don't have 20 years to wait for anything to grow anymore. And most of these boomers will sell out their stocks, gold, silver, funds. in the near future and when they do that we will see a big dip in the traditional market. Which will effect the crypto market aswell because we are not talking about a few million we are talking about alot of fucking money. And my second reason here is. Covid-19 is bound to cause a crash in the world economy. Local stores are dying everywhere. Inflation is sky rocketing everywhere. And when that crash happens we will see a huge dip in all markets. Its only natural we are gonna see everything very very low. House prices will fall Stock prices will fall Crypto prices will fall This is my opinion and its based on "history repeats it self" When it comes to FIAT Especially. ![]()
Jan 21, 2022 11:54 AM
(This post was last modified: Jan 21, 2022 12:08 PM by shreder.)
Lets just say if BTC hits $10k I would be able to afford a LOT of BTC from my profit stash. This is exactly why it wouldnt happen as there are a lot more people who have a lot more money than me who would buy well before I would.
People fail to realize how much infinite fiat exists. I went from not being able to afford 1 BTC last time it was $10k to possible to purchase over a couple dozen if it ever returns. There is infinite fiat printing around the globe, no interest rate hike or w.e bullshit is ever going to change that. I personally dont care my crypto stack is stashed away staking permanently, I constantly load fiat into degi stables and DCA the dips. Infinite fiat dont forget.
Jan 21, 2022 12:21 PM
(This post was last modified: Jan 21, 2022 12:23 PM by Recon12345.)
Tbh in a worst-worst case scenario I can see bitcoin going to 5-7k, that would be the absolute floor/bottom. However that is the worst case scenario.
10-15k Is pretty much possible. However we would need a few criterias to be hit. And it will be all the other markets hit by such events not only crypto. Talking about a very bloody financial crisis here, which might or might not happen. Personally I wouldn't worry to be honest and keep accumulating more. Stake everything and forget about it. See ya back @ next bull run and we rich. Unless you got weakhands of course.
If it drops to 10k,
The same people who own Wallstreet will also own most of the crypto market. Your thoughts scare me. If ever that happens I'll need to go back to working too. All of those hustles will be for nothing. :(( |
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