Bitcoin Price under $80k and alts crash soon ?

[JISAN]

The price of Bitcoin is slowly falling though not very fast.  But the alts are declining very fast. Recently Bitcoin price took a big down and recovered from $91k to 101k. But since then no major movement of bitcoin is seen but slowly bit by bit the price of bitcoin is decreasing. Today it was down from $100k again to $95k. Is this just a Bitcoin correction or will we see a gradual decline in Bitcoin?  How is your prediction for Bitcoin in this situation?

Will all alts crash in a bitcoin situation? or is everything a major price correction for something big to happen?

[Baofeng]

The price of Bitcoin is slowly falling though not very fast.  But the alts are declining very fast. Recently Bitcoin price took a big down and recovered from $91k to 101k. But since then no major movement of bitcoin is seen but slowly bit by bit the price of bitcoin is decreasing. Today it was down from $100k again to $95k. Is this just a Bitcoin correction or will we see a gradual decline in Bitcoin?  How is your prediction for Bitcoin in this situation?

Will all alts crash in a bitcoin situation? or is everything a major price correction for something big to happen?

Regarding alts, they've been bleeding already, most of them haven't seen a new all time high, as compare to Bitcoin which hit it many times already. For Bitcoin, it's possible that we might go further to $80k'ish if there will be negative news.

So far $90k is still a strong support. But if it goes down $80k or even $70k then it's time to scope Bitcoin again and buy more, as much as you can. I'm not going to be worried because I'm still seeing that we will go on a massive bull run before the end of the year.

[bitterguy28]

Today it was down from $100k again to $95k. Is this just a Bitcoin correction or will we see a gradual decline in Bitcoin?  How is your prediction for Bitcoin in this situation?

my prediction is quite similar to what my hopes would be for this cycle i still believe that bitcoin can reach another new ath before the bear market starts but i am aware that there is a possibility that it might not anymore

well anyway my resolve doesn’t crumble and i will still stick with my plan from the start

Will all alts crash in a bitcoin situation? or is everything a major price correction for something big to happen?

regardless of what this is: a temporary dip or first sign of bear market, altcoins will always dip once bitcoin starts to decline a bit in price no matter the amount

[Mr. Magkaisa]

Today it was down from $100k again to $95k. Is this just a Bitcoin correction or will we see a gradual decline in Bitcoin?  How is your prediction for Bitcoin in this situation?

my prediction is quite similar to what my hopes would be for this cycle i still believe that bitcoin can reach another new ath before the bear market starts but i am aware that there is a possibility that it might not anymore

well anyway my resolve doesn’t crumble and i will still stick with my plan from the start

Will all alts crash in a bitcoin situation? or is everything a major price correction for something big to happen?

regardless of what this is: a temporary dip or first sign of bear market, altcoins will always dip once bitcoin starts to decline a bit in price no matter the amount

        -      I think that some of our friends on this forum have already expected that to happen, no one knows when. How many times has that kind of cycle happened in the crypto industry market? Right now, we can see that there is a correction happening in the bitcoin value and that other cryptocurrencies are being pulled down.

That's why what others are doing is dca, in which is for me a good chance to do it if it's long-term for an investor who wants to accumulate bitcoin or cryptocurrency.

[Stompix]

Is this just a Bitcoin correction or will we see a gradual decline in Bitcoin? 

Normal users, traders, and funds are being spooked by the things happening globally, so they are starting to either pull funds out of risky investments or take their profits and minimize exposure. It's not just a Bitcoin thing it happens with all markets, this is not a bitcoin "correction" in the global economy being anxious about what the clown in the White House might do next and how it would impact everything.
And since alts are way riskier than BTC , there you have it.

[target]

Altcoins are already down even before BTC dive to $80k but then we got a warning from CZ's tweet recently which I think followers are taking it seriously as well. He is a the guy to look up to when it comes to possibilities in crypto.

Bitcoin is falling and economy is crumbling while Trump is doing crazy economic war to countries he hate, it becomes uncertain anymore. I would be one of person worrying about high egg prices.

[SmartGold01]

We aren't meant to panic if actually we knows about the market very well or even see how the previous charts has been, let say from previous ATH we know that there was no straight movement about the price, most times we may likely see price declination on Bitcoin and altcoin find it very hard to survive it mostly times when Bitcoin gains some percentage the altcoins follows immediately but they are mostly affected when Bitcoin start corrections.

[0t3p0t]

I won't even be surprised if Bitcoin will drop to the $70k-ish  level and for me what was happening on the market right now is just normal. Uptrend, downtrend or sideways that is the usual thing Bitcoin been doing every cycle not unless it goes down or up aggressively in a short period of time because there maybe some factor that trigger that kind of move unlike the continues trends which is very common.

[yhiaali3]

I don't know why people get scared as soon as they see Bitcoin drop a little and start spreading fear that Bitcoin will collapse and the market will collapse with it, this is all nonsense, just a correction, even if it is big, it is not scary at all.

I am basically surprised because we are in an upward cycle and we are waiting for months full of big rises and we expect Bitcoin to rise to new highs, so these corrections that we see are just small stations on the way to the peak, there is no need to be afraid at all and there is no need to spread these expectations about Bitcoin collapsing.

[hugeblack]

If a correction happens, we will definitely be below $80-90k, so all these declines are not a correction.


If a healthy correction happens, then we can still see $150k levels this year.
The worst thing that could affect the price of Bitcoin would be a clear recession, and it could happen if Trump's management of the economy was bad, but usually these results appear starting from  Q3/4, so under normal circumstances nothing bad would happen like this.

[taufik123]

Of course, all alts are indeed falling when bitcoin is experiencing a correction like today and tends to be unstable.
But I think bitcoin will still stay above the price of $90k++ and this will also be affected by market developments as well as how the fundamentals of the crypto market are happening.

Expecting a lower drop may be just in anticipation, as we also don't know if a further decline will occur or if there will even be an even higher rise.

[Gurujebs]

The price of Bitcoin is slowly falling though not very fast.  But the alts are declining very fast. Recently Bitcoin price took a big down and recovered from $91k to 101k. But since then no major movement of bitcoin is seen but slowly bit by bit the price of bitcoin is decreasing. Today it was down from $100k again to $95k. Is this just a Bitcoin correction or will we see a gradual decline in Bitcoin?  How is your prediction for Bitcoin in this situation?

Will all alts crash in a bitcoin situation? or is everything a major price correction for something big to happen?

The run momentum is almost exhausted and that's because Trump is already in his office and now focus on the real issues. The outcome is also affecting Bitcoin but this is on the short term. Are we going to see crash? If you ask me, I will say Bitcoin will remain gallant, there may be correction but there wouldn't be crash like the previous times we do experience in the market.

The only coins I think will suffer are the altcoins, many new coins without nothing to solve and they are acting tough, the meme coins are inclusive because of hype but very soon, this will fade up and there wouldn't be coin to shill again.

[JISAN]

If a correction happens, we will definitely be below $80-90k, so all these declines are not a correction.


If a healthy correction happens, then we can still see $150k levels this year.
The worst thing that could affect the price of Bitcoin would be a clear recession, and it could happen if Trump's management of the economy was bad, but usually these results appear starting from  Q3/4, so under normal circumstances nothing bad would happen like this.

A lot can be expected from crypto but Trump's hype crypto market is not behaving normally.  Due to which a possible prediction is not possible. I am not much expert in analysis so I don't understand current market situation.  But I don't know how the experts are predicting. The price of Bitcoin surprised everyone and quickly hit over $109k. so can hit $150k too. But do you think it is possible this year

[bitmover]

Will all alts crash in a bitcoin situation? or is everything a major price correction for something big to happen?

Every alt will follow bitcoin price.

Altcoins price can go up as long as bitcoin bull run is maintained.  When bitcoin bear market starts, it is over for all alts. All of them will fall with bitcoin.

This is how this market always worked.

[vegasus]

When BTC drops to $80k, does that mean that the BTC price drop from its ATH is more than -25%? This means that the price drop is indeed that severe. and of course, altcoins will crash. let alone a drastic turn like that, the current BTC price drop of $96k has already made altcoins crash so much. Even Ethereum also fell and plunged to $2.6k again, or even dropped even further later. So the point is, just be patient with the current market conditions.