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❓ASK Is there any big drop expected of BTC price near future?

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nazgee

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I want to but some BTC again but I had no decision that what price is suitable to by Bitcoin. Because the price of BTC going to new high record of $40K. Is there any big drop expected in near future?
 
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Maybe we can personally wait. But the news is that it will continue to rise. Almost all known analysts still say the uptrend will continue.
 
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Almost all analysts' view is the same and will rise over the course of time. There are hardly any analysts who say it will fall. I don't think they all made the right decision. :Stop:
 
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aryan4 said:
Almost all analysts' view is the same and will rise over the course of time. There are hardly any analysts who say it will fall. I don't think they all made the right decision. :Stop:
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Maybe they made a right prediction or not is yet to be seen. We may be in for a huge surprise that contradicts all our expectations of bitcoin or it my also end up favourable.
 
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Definitely there maybe because that is what market volatility is and I believe even if it falls, it will not be all that much. It will still pick up after sometimes.
 
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nazgee said:
I want to but some BTC again but I had no decision that what price is suitable to by Bitcoin. Because the price of BTC going to new high record of $40K. Is there any big drop expected in near future?
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I don't think that will happen. Bitcoin is gaining importance in cryptocurrency and people are investing in it. It would be strange if this could happen in the future
 
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Farhanaslam007 said:
I don't think that will happen. Bitcoin is gaining importance in cryptocurrency and people are investing in it. It would be strange if this could happen in the future
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There is any thing expected in Bitcoin and when the price will drop downwards no person can judge and if it start going downwards every person sold it and the price can drop more and more.
 
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I have read news on a few news sites that there may be a fall. But tahnins do not show that low. It is mentioned that there may be a correction up to 37,500-38 thousand dollars instead of a downward move. Let's wait and see.
 
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I have no idea about the reason for now. But some sales have come to bitcoin at these hours and the price is below $ 40,000.
 
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aryan4 said:
I have no idea about the reason for now. But some sales have come to bitcoin at these hours and the price is below $ 40,000.
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I think there is little chance for dropping the price of Bitcoin as there are huge investors involved for making the BTC too high and there is chance that this will go to another record.
 
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I dont think there would be a big drop , but price would continue to increase and go high , i think the reason is that when the price drops , many would think its the dip , then they would start buying it and it would get back again to its forner position
 
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Certainly it is difficult to speak for sure, but bitcoin may want to rest now. I think there are obvious signs of fatigue. Maybe we can talk more clearly in 1-2 days.
 
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The easiest way the analyst may use to predict is to constantly monitor the market capitalization daily , current it is at $99.3 billion which shows more people are Into bitcoin Investment and the possibility of price becoming higher is their in my opinion though it currently down to $38k
 
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