Investors fears after btc drop $19,500 usd

[Rozy 1918]

I think that for the remaining days of this year 2020 , the bitcoin will hover around its recent prices, there will be no huge changes, but my expectation for two thousand twenty one that there will be great rise, the Bitcoin might even reach 38K. This is not a financial advice, it is just a personal opinion. 

[miskyming 1588]

Of course they will expect the down the price of bitcoin because it already reached the highest price which is vulnerable to collapse. Investors were already gain profit so I also expected that the price of bitcoin will go down and one another reason is people will sell their bitcoins for Christmas Day.

[nykas 2812]

For now price shows little flat and I think it`s a start point for reaching new heights. Price goes up and down every day, but we still haven`t achieved 20k dollars and I think after we get to this point, we will go higher and higher 

[mzk7736 1592]

The price of Bitcoin is not going completely downwards. After reaching crows to $20,000 it faced a small downfall and back to $19,000. Maybe it's price is influenced in such a way to resist it to go above $20,000.

[cryptovlek 2597]

Many news are like this, fears of investors after this and it is all bad news that I've read. Bitcoin is close to25k and I've been reading these bearish scenario since 4000. They kept saying back then, that it is going down more, it will be 2000 and 1000 and some even were saying $100. I don't know how they get these numbers but more than a lot of times all these are wrong.

[susan8929 811]

Yes, the truth is that there was a lot of fear among investors and it took several days for Bitcoin to surpass the 20k figure. But after that, everything was very simple, as it reached 24k. It seems that the strong resistance was in the 20k. 
Now the next target is at 25k or even higher in the short term.

[zhoutong 2188]

While price can still drop bellow 20k I don't think there was any worry for investors in past weeks as prices were very bullish and constantly bitcoin was making new all time highs for days. What investors worry is to miss altcoins that will pump next as Bitcoin looks steady now and usually this brings interest in many of the top 20-30 cryptocurrencies.

[annayks 2314]

Sometimes fears are unfounded, when you see a very small reaction to the downside and no continue on this then it is possible that nothing ended and price keeps rising. There was very small drop at given time and price instantly covered the small correction. 

[Malikjnb 1235]

Invester not fears now because it's price is at round about 24k. It is highest price of the year. I think it's price will rise up at 50k to 70k in next year. I suggest you to invest in bitcoin and hold it for long time. You can make a good profit.

 

 

 

[abohasnn9 2401]

My friend, I do not think that Bitcoin will drop to this price because currency whales will not lose their money, they are sold in separate periods in order for the price to remain in place, so I see that Bitcoin is stable this period and will remain like this and its price is excellent and will continue to rise Thank you

[Abdulrahman3 1252]

Their expectations were disappointed, and Bitcoin rose to over $ 27,000. And it seems that things are going in this direction, everyone is buying and storing it.

[Zeshan7736087 287]

When a currency is about to break a price barrier these type of things happen. Maybe due to influence of crypto whales but it's difficult to influence bitcoin because it's assets are very expensive. So, btc was finally able to break price barrier of 20000$.

[koynayak 1923]

I think we all see what btc did. Bitcoin is about 28k$ right now and it's pretty good. If you check the crypto fear and greed index you can see the extreme greed situation with 92 point. I think bitcoin did what is needed and now it's time for etherium and after that the other altcoins. I hope it'll be like 2017 because i've too many altcoin investments. Bitcoin already reach ath and i don't think it can stay from those numbers too much.

[yonkii 3205]

I didn't have any fear and I was always sure Bitcoin was going to make it. $20000 was the beginning and we are 40% higher today from this price. Bitcoin has a long way to go but there could be a small stop for a few weeks and then another rise. But it can't always rise, and drop in prices always can happen so we will be ready and hold steady for any price drop that may come.

[bogdanoff 3173]

Looking at this short term level today, it was just nothing. Bitcoin is above that, passed and gone and there is a chance that $20,000 will be left behind it 2021 will be as promising as we hope to be.