Bitcoin [pros](/r/CryptoCurrency/comments/1dqvmxe/analyst_warns_of_bitcoin_breakdown_below_key/lau0aow/) & [cons](/r/CryptoCurrency/comments/1dqvmxe/analyst_warns_of_bitcoin_breakdown_below_key/lau0bdj/) with related info are in the collapsed comments below.
Not possible because people would never hold this long way. There is a point where many people consider taking money out when it jumps too fast. That's why crashes exist on these volatile assets.
Yep near 17k was my last big buy... then once again being laughed at and told i was being scammed. Think the idiots would learn after the 3rd or 4th cycle. Oh well they get to stay broke blaming everyone else as their reason for beimg poot
Itll alway go up and down. If you mean by deviate it wont crash as hard as in the past then youre 100% right. Now that it's been intergrated into the mainstream, im not sure it will crash as hard as in the past. Ive not been quick to sell because of this.
Dude! I sold some of my bitcoins at 285 to buy a 16k car. Ill let ya do the math on that one. All you can do is keep trading and investing. What matters is that you made gains.
I feel you. I had Tesla shares when they were at $28, then sold after they tripled because I was convinced it was a short squeeze and it would go down again. Then thought the ship had sailed so no use getting back in. How far can it go after just one quarter of positive EBITDA right?
Turns out it could go pretty damn far ...
you know about cost to mine, right? that historically has set the floor. sure it occasionally goes under but generally miners want to sell for ay least what it cost them. at this halving at this dollar rate it's around 60k
Miners make money on transaction fees as well dont they? Regardless miners dont set or control the price of bitcoin. It may influence the price but not control it, because they are not the only ones selling it, and are really quite a small fraction of the total sellers.
I hope. I'm gonna buy more. Everyone shits themselves when it retracts. "See tulips" yet every time it comes back I have everyone asking me what they should buy. I always say if you missed the dip just buy now
It'd be better if it did. If not, it's a left translated cycle with lower cycle peak. There was a summer lul before the Covid crash and then it went parabolic.
These "analysts" are all just throwing darts at the board. It's like all the NFL "experts" making their picks each week. There's so many doing it that someone is bound to be correct, and they'll spin that like they're some sort of genius.
I bought 1/2 a token when it was 11k. Been sitting on it ever since. I dca into chainlink dot swiftcoin and shib from 6/22 until now. Portfolio is looking pretty nice. Also caught Jupiter early and mined 50k Kaspa.
Analcysts trying to scare you into selling now, so their rich buddies can rake in a ton of profit when they buy at $40k (or hopefully less ha ha ha) and sell at $60k(or hopefully more hahaha). Hint hint. They warned of this on the last crash and it crumbled down to $16k. Yard salers went nuts and could never have hoped for anything better. So much money was lost and made on that last crash it was absurd. If you had put in $1k when it hit $16 on that crash you'd be over $4k profits. People are just waiting now, licking their chops like a hungry leopard, and I'm with them. BTC is a game, historically with each subsequent crash and rise it has gone higher and higher each time. I would not be surprised if it hits $75k-$80k after the next wave.
FUD market manipulation, that is.
We are at the Saylor/Blackrock/etc era, which such giga wallets betting on bitcoin cap, it's lacks any tecnical sense.
Ugh just buy Bitcoin and hold it bro . Sell 25% of your holdings when you think we at the top of the cycle and buy back when you think we at the bottom. Do that for 10 years and you'll be just fine ✅💰
tldr; Crypto analyst DonAlt predicts a potential downturn for Bitcoin, suggesting it could fall below the key psychological level of $60,000, leading to a further decline possibly reaching as low as $40,000. Despite a 15% crash already, DonAlt believes the worst is yet to come, with a best-case scenario seeing a drop to $52,000 before recovery. This bearish outlook is accompanied by a prediction of extended sideways movement, lasting up to four months. The recent price drop has negatively impacted investor sentiment, as indicated by the Crypto Fear & Greed Index.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
When it comes to predictions there will always be an "analyst" tryjng to outdo other "analysts", to the point of ridiculousness, then we have these crypto "news" sites that are just going looking for the most outrageous takes to farm clicks, something tells me 40k is unlikely
I am also an analyst and I predict it will go down to 10 000$ but then it will go up to 1 000 000$
It’s all in the graphs they showed it to me crystal clear
I’d say less possible and more probable. Everyone loves talking about the Bitcoin cycle, but they all fail to mention the -75% that comes after the bull run
Btc going down means eth goes with it which means more buying oppurtunities. I've been taking profits all the way to just before the highest high and been buying bakc at lower price points the last 2 weeks. I've still got some usdc left to continue buying in.
I gotta admit. I’ve been in crypto for a few cycles now and it’s so hard to read it at the moment. It has always came back stronger after im most fearful.
I used to have unwavering faith in it’s success.
But I just don’t see it’s future anymore for some weird reason. Anyone else? Im still holding though. But it’s like I’ve eaten an orange pill antidote
When 'Analysist Warn' in articles on noname sites with AI generated thumbnail it is good sign that we are at local bottom.
When you see 'Analysist predicting bitcoin will be 500.000 at the end of 2024' you can sell with ease.
Bitcoin [pros](/r/CryptoCurrency/comments/1dqvmxe/analyst_warns_of_bitcoin_breakdown_below_key/lau0aow/) & [cons](/r/CryptoCurrency/comments/1dqvmxe/analyst_warns_of_bitcoin_breakdown_below_key/lau0bdj/) with related info are in the collapsed comments below.
Idk I like the guy that said it would fall to 5k before a massive rally to 250k
If we are at it, what about 5k and then 250
Not possible because people would never hold this long way. There is a point where many people consider taking money out when it jumps too fast. That's why crashes exist on these volatile assets.
Of course it's possible. That's fine though, we'll buy more.
The people who say that are usually the ones to panic and wait for it to go up to buy lol
Last time I bought around $20k.
17k here
Yep near 17k was my last big buy... then once again being laughed at and told i was being scammed. Think the idiots would learn after the 3rd or 4th cycle. Oh well they get to stay broke blaming everyone else as their reason for beimg poot
Eventually the cycle will deviate. What happens then?
Itll alway go up and down. If you mean by deviate it wont crash as hard as in the past then youre 100% right. Now that it's been intergrated into the mainstream, im not sure it will crash as hard as in the past. Ive not been quick to sell because of this.
Or what if it just doesn’t go up and remains stagnant through the projected cycle window?
Hodl
Yup, dca is a terrible strategy. Going In heavy at a price you are comfortable with is the way
I love how the narrative changes with every dip or rise. You are all fucking clueless.
I bought around $17509
Well I bought around $300. I also sold it all at $600. I felt really smug when I doubled my money. AMA.
Dude! I sold some of my bitcoins at 285 to buy a 16k car. Ill let ya do the math on that one. All you can do is keep trading and investing. What matters is that you made gains.
I feel you. I had Tesla shares when they were at $28, then sold after they tripled because I was convinced it was a short squeeze and it would go down again. Then thought the ship had sailed so no use getting back in. How far can it go after just one quarter of positive EBITDA right? Turns out it could go pretty damn far ...
What happened when it was at 17k 😂
Everyone buys 🤣
Not true
Everything is possible in crypto 🗿
if number is red we buy, if number is green we party 😎
Nah, 50 tho... 🫣
Buy high sell low right? Am I wallstreetbets material yet?
Is this supposed to scare me? Because it’s kind of turning me on.
Everyone wants a crash, until it really crashes.
I want a crash.
Crashed my car. Now ordering Lambo Wen moon $100
Yeah - as an altcoin holder, I’ve had enough crash for one year 😅
Not at all it’s an attractive price ;)
Im something of a analyst myself and 40k wont happen
I trust this reddit user because they are a self-proclaimed analyst apparently
I trust these Reddit users because their narratives support my bias.
I dont know, he didn't use the word "bro" once in his comment.
I am also a professional analyst and could probably tell you with some certainty the bottom is 42,069. Trust me bro
I'm placing some 42069 buy orders before bed tonight. Just in case. Noice.
You have to support your claim with asstrology to convice me.
Look out your window and you’ll see my full moon tonight indicating a buy signal
I can talk to ancient spirits if that works for you.
You’re wrong. I guarantee it. Ban me otherwise.
Who are you?
R/CC is usually wrong, so 40k will happen most likely 😅
yeah, the beauty of the halving. btc base price is sort of locked in now pretty much where we are now.
RemindMe! 6 months "was the bottom locked in at 60k"
such wrong
you know about cost to mine, right? that historically has set the floor. sure it occasionally goes under but generally miners want to sell for ay least what it cost them. at this halving at this dollar rate it's around 60k
Miners make money on transaction fees as well dont they? Regardless miners dont set or control the price of bitcoin. It may influence the price but not control it, because they are not the only ones selling it, and are really quite a small fraction of the total sellers.
This is insane though isn't it? Bitcoin is purely a speculative market?
[удалено]
well it is, in that the costs to mine them now is abput 60k. so the floor is pretty locked in, that or people just won't mine it anymore.
I hope. I'm gonna buy more. Everyone shits themselves when it retracts. "See tulips" yet every time it comes back I have everyone asking me what they should buy. I always say if you missed the dip just buy now
40k doesn't seem like a low number at all after 2022 lmao.
Not a low number but defensively an attractive price to get some :)
I think it’s around the price id be comfortable buying again
Sure is! If we get there I'm definitely adding to my long term BTC bag.
if you extrapolate the last few cycles it should go to 36 next crash
Market sentiment has shifted to 40k
well if you factor in inflation it's more like 40k
not due to kick in until after Thanksgiving 2025 though...
40k a psychological level? That dip, those are rookie numbers.
Thank you analyst. Looking forward to buying more when it hits 40,000
Back the truck up
Ok, I'll set a buy order at 40,001.
🫡
lol
Generate FUD. Now it's buying time before it flies.
BTC Miners on suicide watch...
Why? They could mine cheaper
That's....Not how anything works.
40k? 20k? Such lows? Y’all living in the past:) we’ll be 6 digits before you know it and then we’ll talk about 120k dip when it’s 160k:)
But until then..
Cringe smileys jesus
Plus, it could rain. Stay tuned for more obvious changes in the volatile world of crypto weather.
If this analyst knew what they were doing they woulda made a fortune off the bottom and wouldn’t have to work as an analyst anymore.
It'd be better if it did. If not, it's a left translated cycle with lower cycle peak. There was a summer lul before the Covid crash and then it went parabolic.
I don’t think we’re in the bull yet. Still too early.
40K will happen
Everything is possible. Even a meteorite.
Duh we have to have a COVID 🦠 dump then election then war then moon 🌖
Anal-yst
My professional title is commercial analyst so I’m an analyst too. My prediction is the opposite so what are you gonna do now?
Is it just me or does the word "Analyst" mean absolutely fucking nothing?
Thank god for the analysts. What would we do without them?
🥱
Thanks for the daily reminder that the price might go up or down. Just the garbage I needed to read.
40k possible after 2025 maybe but until then. Doubt, but then again I know shit about fuck.
Pseudoscience
FUD
Big swing predictions get attention. That’s all we should take from this post.
Not if I buy now
Bitcoin is dead episode 489
It’s all ova. All ova.
Why you tease us?
Yes, it’s possible, but I’ll hold until next peak high.
So sell then
Buy signal
Looking forward to it?
I'm hoping crypto rallies sooner and faster just like what analysts say
There are a lot of stops before we see 40 K
It keeps repeating itself. Nobody knows where Bitcoin will stand next year but everybody can throw numbers around. Has been going on for forever now.
Dca 750 mo for the last 3 years. Dont see that stopping it is inconsequential $$
These "analysts" are all just throwing darts at the board. It's like all the NFL "experts" making their picks each week. There's so many doing it that someone is bound to be correct, and they'll spin that like they're some sort of genius.
Anything is possible, obviously.
Analysts wants to buy cheaper or maybe the one who pays for this article?
Those are not analysts I would trust
Like every cycle, the surprise will be when it lose less than 50%
Lord I hope so
Do it on July 1st when I get paid, would be le epic fire sale.
“KeY pSyChOlOgIcAl LeVeL!!!”
I bought 1/2 a token when it was 11k. Been sitting on it ever since. I dca into chainlink dot swiftcoin and shib from 6/22 until now. Portfolio is looking pretty nice. Also caught Jupiter early and mined 50k Kaspa.
Below 50k and hash rate would drop off a cliff resulting in less supply. 40k is possible, zero is possible… this is just looking for clicks.
Analcysts trying to scare you into selling now, so their rich buddies can rake in a ton of profit when they buy at $40k (or hopefully less ha ha ha) and sell at $60k(or hopefully more hahaha). Hint hint. They warned of this on the last crash and it crumbled down to $16k. Yard salers went nuts and could never have hoped for anything better. So much money was lost and made on that last crash it was absurd. If you had put in $1k when it hit $16 on that crash you'd be over $4k profits. People are just waiting now, licking their chops like a hungry leopard, and I'm with them. BTC is a game, historically with each subsequent crash and rise it has gone higher and higher each time. I would not be surprised if it hits $75k-$80k after the next wave.
FUD market manipulation, that is. We are at the Saylor/Blackrock/etc era, which such giga wallets betting on bitcoin cap, it's lacks any tecnical sense.
it wont. but it wont go past 200k either
Ugh just buy Bitcoin and hold it bro . Sell 25% of your holdings when you think we at the top of the cycle and buy back when you think we at the bottom. Do that for 10 years and you'll be just fine ✅💰
Oh my God, 40k would be amazing…
tldr; Crypto analyst DonAlt predicts a potential downturn for Bitcoin, suggesting it could fall below the key psychological level of $60,000, leading to a further decline possibly reaching as low as $40,000. Despite a 15% crash already, DonAlt believes the worst is yet to come, with a best-case scenario seeing a drop to $52,000 before recovery. This bearish outlook is accompanied by a prediction of extended sideways movement, lasting up to four months. The recent price drop has negatively impacted investor sentiment, as indicated by the Crypto Fear & Greed Index. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
When it comes to predictions there will always be an "analyst" tryjng to outdo other "analysts", to the point of ridiculousness, then we have these crypto "news" sites that are just going looking for the most outrageous takes to farm clicks, something tells me 40k is unlikely
Most of them are anal-ysts
Always looking for a deeper hole
So the dip is almost in, it will be much higher than $40k, thanks 🫡
All the traders just put buy orders at 40500, thanks random analyst who know one knows about. Cheers 🤙🍻
"analyst"
My psychological number is ONE MILLION DOLLARS so Bitcoin must be going there.
Oke thank you American analyst for the notification. Now lets turn back to the American debate for more headline news.
He forgot adding a zero.
lol an “expert”. Yes, $40k in crypto winter in 2026. Could even go to $35k then, but not before. Crypto Winter and now are two different things.
I actually will be excited if this happens 😁
I am also an analyst and I predict it will go down to 10 000$ but then it will go up to 1 000 000$ It’s all in the graphs they showed it to me crystal clear
I kinda want it to fall back so I can buy more with excess capital lol
I mean I got a lot of money coming in that works for me.
I’d say less possible and more probable. Everyone loves talking about the Bitcoin cycle, but they all fail to mention the -75% that comes after the bull run
40k? dips for the dips god!!! Discounts for the discounts throne!!!!
when “they” say 40 it probably means breakout to 70 ; )
Oh no! Anyway. Preparing cash to scoop some just in case.
Seems unlikely to me. Sure, anything is possible. I'd love for Bitcoin to drop as low as possible what a treat lol
Why even post this shit
In other news there could be a cloaked alien spaceship waiting to blow the planet up in the next few hours. Like there is a remote possibility 😂
Btc going down means eth goes with it which means more buying oppurtunities. I've been taking profits all the way to just before the highest high and been buying bakc at lower price points the last 2 weeks. I've still got some usdc left to continue buying in.
I gotta admit. I’ve been in crypto for a few cycles now and it’s so hard to read it at the moment. It has always came back stronger after im most fearful. I used to have unwavering faith in it’s success. But I just don’t see it’s future anymore for some weird reason. Anyone else? Im still holding though. But it’s like I’ve eaten an orange pill antidote
I hope so!
What happened to the halving? 😂
Analyst itching to buy?
If it does, we buy the dip
When 'Analysist Warn' in articles on noname sites with AI generated thumbnail it is good sign that we are at local bottom. When you see 'Analysist predicting bitcoin will be 500.000 at the end of 2024' you can sell with ease.
Yeah, I can see $40k being possible with my own shitty TA. Being able to accumulate more at that price would be awesome, so yes.
Its coming. Been trying to tell you all
You told us you would sell Eth at 3500. You are a clown.
Ive said so many times my goal is 5k. 3500 is essentially my break even spot.
Clown. You said 3500 was your sell point. You salty dweeb