Bitcoin is approaching $34,000 and the losses are increasing. Where do you think Bitcoin can come back from?
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Bitcoin is approaching $34,000 and the losses are increasing. Where do you think Bitcoin can come back from?
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I remember when bitcoin was fighting the $3000 space.
So.
It can go anywhere but eventually it will go UP.
That's the real ticket. Knowing that wherever it is at now, it is eventually going to be worth more.
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I know this and I agree with you. I guess my only problem right now is not being able to find the bottom.
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I used BTC to buy more HIVE+ (HIVE plus Layer 2 tokens), then I consolidated my HIVE+ to prioritize a few tokens. I also used LTC for the same reasons, plus to get into Cub Finance a couple of months ago.
If BTC drops as low as some of us are suggesting, I may take a dip into that pool. I anything, it will let me make up for what I had brought into Hive Engine.
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It can see a 2 handle.
Watch the $30K line hard. It could push towards that.
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It can be pushed lower but if it turns, it can rise very quickly.
I'm looking forward to where it'll be back.
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The final support is $28K if that happens, then we will see more downtrend.
Anyway the market is flooded with fear so we will see the bears pushing the price down.
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Well, this is a guess more than anything but I'm thinking 32k
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Actually, I think so too, but it seems like it could go even lower. BTC supports are constantly losing. I don't know where it goes, but I think it will come back very quickly.
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I wish it can dip more. I missed buying in at $10k. I pray it sucks that far.
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That wouldn't be bad at all. I think even below 30K is very difficult. Institutional investors have to sell in order for it to go down to 10K, but they are not doing it right now.
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Well, BTC had a high of $69K, if the price now reverses and achieves a pronounced uptrend, we will see more than that. Possibly we will see $100K.
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BTC had its ATH in the recent past, but the world was a different place back then. These days, even institutions have higher priorities (never mind retail investors). While it's true that there is a lot of FUD, this time a good part of that FUD is genuine.
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I am thinking 20k should be the lowest but I am not really sure. 34k is pretty much edicted's doubling curve number.
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I think it can recover in the second half of May, but if it can't find support, it can move to 20K. But if it finds support, it can start to rise faster. Interesting days are waiting for us, we will wait and see.
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If it kisses 20K I'm buying.
I don't care if I have to have a garage sale, stop buying xyz for the month, etc.
that would be a golden opportunity.
In fact,I'm gonna start tightening my belt just in case it gets there i'll have at least a little something to buy in.
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If it goes as low as 20K, a lot of people are probably waiting in line there. I will be first in line. :)
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Let's put it in an average range of $25 or $28K.
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LOL
We have our own Bitcoin whisperer on the LEO network.
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