Quote from: cryptomaniac_xxx on Today at 09:26:15 AM

Quote from: skarais on April 29, 2021, 07:24:14 PM

Quote from: Becky666 on April 29, 2021, 06:39:22 PM

You mean buy now even at a correction level is still a bad idea?, where are you from man?, i though buy at correction should be encourage than at bull-run. If bitcoin price drop to that level you predicted @- $20k, what "%" do you think we will be talking about?, it's better to wait for the 30% most of you predicted.

I think bitcoin is still possible to go down to the $20K level in the future, but not for now. Price increase are still possible at this time even though the market appears to be experiencing a correction. There is still a lot of support from institutional investor at the moment and therefore I don't think bitcoin price will drop below $40K any time soon. Some information says that Tesla sold some of the bitcoin they owned between January and the end of March and those are some of the reason why the correction occurred. I believe only big sale will bring bitcoin down to $20K.

When the price hits $47k in the last couple of weeks, it made me think that everything is really possible. However, if we see the price goes to $100k, I doubt that we can see the price sinking to $20k, there are a lot of support lines along the way, so I doubt that we can see that price again.

So let's hope that $100k will come first before $20k. And now that we are back to being bullish, let's hope that we won't see the price that low again.

We cant really remove the probabilities since we know that this market is way too unpredictable even though we can presume out that its way too far to go that far down then
you would really be worry if you do see the price is dumping again and its true that on the time bitcoins price hits up on that 47k low then there are people whom do really think
that it might be possibly we can see some another low price but its not a guaranteed though because basing off with strong supports then there are lots which are sitting beyond 40k-50k price
So its less likely that we can really see to go back 20k but dont expect or do make out some guarantee.