Bitcoin is headed under 10,000

I think Bitcoin's gonna dip below 10,000. First, it might go to 80,000, then drop to 45,000, after that down to 20,000, and finally hit 10,000. This is what happens when something that was meant to represent freedom turns into just another tool for wealth and control.

if it gets back to $10,000 then i might be buying.   but in that case i could just wait until it gets down to $5000 right??

Bitcoin is an independent currency, it is not centralized and not controlled by a single entity, due to which no one can control its price. I do not believe the prediction you made at all because the price of Bitcoin is currently at a position where it is not very high, but it will not come down that much. If Bitcoin falls in the market, I think the market may not enter below $50,000, but it will not fall to $10,000 as you mentioned. Moreover, we know that so far Bitcoin is independent and is not controlled by any government, but when it is controlled by any person, this can happen, but we know that this is not possible.

Such a strong dip could be an opportunity to shake out the whole Wall Street money However, it is not guaranteed that they don't come back eventually. For example, if the "believers" and "maximalists" regain control over the majority of BTC after Saylor, the US etc. have sold again and the ETFs retire their financial products, it is very likely that Bitcoin will eventually hit a bottom (perhaps even below $1000 or so if really all these guys sell) and then grow slowly but steadily. And then it becomes a big opportunity to invest in it again. And then first we'll see again a Cayman Islands ETF and slowly Big Finance trickles in again ... With these exceptions: if the crash is caused by some fundamental reason like a bug (could be recovered), 51% attack (very costly) or a worldwide ban (unlikely). Then it may stay low. (Yes, I know this is a bait post lol).

Bitcoin has become dependent, and attempts are being made to centralise the currency by concentrating coins in the hands of global organisations. Bitcoin was not created for these purposes.

Haha . It turns out you're a notorious troll. Why are you creating panic among the newbies? To mock them? The nature of bitcoin (due to volatility) is such that pullbacks and declines are quite possible, but certainly not to the $10-20k level. I also highly doubt reaching the $45k level, but $80k is quite possible. But as it happens, over time, a rebound occurs and the price rises again. Fluctuations occur periodically, and it's important to acknowledge and accept this rather than panic. What kind of control? Unless it's control over your finances. That's what freedom is. Financial freedom.

From the history of bitcoin, the bottom line price of the bear market hasn't gone below the previous circle bottom line instead it increases. The bottom line of bitcoin price in 2022, was $15,475 and in 2018 it was $3200. This shows that bitcoin price cannot fall to $10k in the upcoming bear market, if we ain't in it already. However, we are free to give our own speculations about bitcoin price. I expect bitcoin price to be above $20k-$30k as the lowest price range during the bear market.

How is it becoming symbol of control when the blockchain is the most decentralized in the space. Compare it with altcoin then you will understand what is symbol of control with 80% premint for team and crap tokenomics. I don't really think it will go down to $10k. It is certainly possible but the chance is very slim you know, after reaching $120k for its ATH, people will find big potential upside when it dumps and buying bitcoin in bulk.

If the OP wasn't a Doritos-eater while typing from his mom's basement, what he should have done is post screenshots of the shorts he would have opened against Bitcoin. But with the $10 a week allowance he gets from his mom, or the equivalent in the fiat currency where he lives, he can't afford more than Doritos and some Monster energy drink.

doritos and monster energy drinks are expensive stuff. only a crypto investor could afford that kind of thing.

Unlike the bitcoin network, I think the bitcoin price can be manipulated and even controlled if governments or powers want to do so. Bitcoin price depends on supply and demand, money flow and whoever can regulate the money flow. They can control the price of bitcoin. But that is definitely not going to happen with the bitcoin network, controlling its network is almost an impossible task. That is why many people do not feel worried about governments and institutions holding a lot of bitcoin. By holding the majority of the bitcoin supply they can manipulate its price but this will not make bitcoin more centralized as it has nothing to do with the network. Also, I agree with you, bitcoin dropping to $10k as OP predicted is impossible.

You don't know what you are talking about, so I just see you as someone who is just blabbing. What do you mean by symbol of control? Since when has bitcoin become a tool of control and who is controlling it? Are you sure you really know what bitcoin is all about? Well even if bitcoin gets to $10k it won't be the first time, but you should know that it is not because has become a tool of control. Bitcoin hasn't deviated from the true purpose it was created for, so you are just talking trash.

This sounds like an old movie with a new cassette tape playing. Don't read too much into social media, which constantly discusses negative issues about BTC. To me, that news is just a child's joke, only seeking likes and subscriptions from their fans or followers. Let's face it and be realistic about what's happening right now. The current market panic is simply a correction. It's understandable if we look at the history of BTC's price before it skyrocketed, and today's slight correction. Why overstate the issue, my friend? Relax and enjoy the ride. Ultimately, I look forward to your future posts if BTC rises to a higher price than it is now.

What kind of joke is this? Although I don't know what the low point is, I find $10000 unrealistic. Why not say after the drop to $10000 it goes to $0?  Yeah I know people are free to say what they want including in this vague speculation, but your right to say whatever you want.

Large companies are buying up more and more Bitcoin, which is an attempt to control coin circulation and centralize power. If you personally use Bitcoin to get rich, stop doing so or you will lose your savings. You will remember this message in a couple of months. Bitcoin was conceived as a decentralized means of payment, where everyone is independent of banks and financial institutions, and not as a speculative means of enrichment.

Nothing is impossible, but short of a Binance/Coinbase hack or sha256 becoming compromised I don’t see it happening. $46K to me seems like the low in a bear scenario.  Dropping all the way to $10K would put Bitcoin’s price back to levels we haven’t seen in more than 5 years. Highly unlikely in my opinion.

LOL, do you know what you're saying? Many even believe that the price of bitcoin will not be able to fall below $70k in the upcoming bear season. Because they believe that with the participation of governments, funds and institutions, bitcoin will be saved from a bad crash like the previous bear seasons. Although I disagree with them on that as bitcoin is still a speculative market and anything can happen. But what they say sounds more reasonable than what you say. Bitcoin cannot fall to $10k no matter how bad the bear market is caused by recessions, geopolitical wars, etc. That won't push bitcoin to $10k. It would make for a more interesting discussion if you could explain why you believe it could drop to $10k.

...so this would be a 'Buy the ULTIMATE Dip' scenario I guess, I better start saving my FIAT for this golden opportunity. Do you have a time frame for this event by any chance? @ every point on the markets journey to $10k everyone will be FREE to buy as much as they can afford, everyone will be FREE to HODL it for as long as they wish. Everyone will be FREE to bring and access it to any corner of the globe and all this without the permission of a bank.

Of course, we are free to speculate because it is not impossible that BTC will fall to $10k when the market is bearish later. If BTC falls to $10k, I might be excited to buy BTC because I will definitely have the potential to make a big profit during the next bull run as BTC will surely reach a new all-time high, for example, to $250k. I predict that BTC will not fall to $10k because during the last bear market, if I'm not mistaken, BTC only fell to around $15,400. So, if there is a bear market later, I think BTC will fall to around $30k or $40k, but of course, we don't know how low BTC will fall. However, what is clear is that if the price of BTC falls significantly, it will certainly encourage many people to buy it because, until now, BTC has never disappointed those who invest in it for the long term. However, if BTC falls to $10k, altcoins will likely fall even further, and those who invested in altcoins will suffer significant losses. However, it is possible that when BTC falls to $10k, people who have always invested in Altcoins will switch to investing in BTC and transfer their funds to BTC, so BTC will have the potential to rise again and ultimately, people who hold BTC for the long term will not suffer losses.

If it could bring all alts to zero, I'd happily embrace it. lol Just consider it a global reset for the oversaturated crypto market and the overly variable capital market circulation. We'll see how institutions fall and regulations become contradictory again. But I don't think that's even the end of Bitcoin's story. Once people start "buying the bottom" in hopes of a trend reversal, Bitcoin will be their only consideration.