Topic: $13,000 is quite possible this week - page 4. (Read 809 times)
It is basically something depending on the outside situations being big or not. Simply put, FED increasing rates could have made it 13k for example, increase it big enough and you are going to get a ton of money out of the markets and into interest which would make it difficult for people to keep on profiting at crypto so they will leave. All in all, its not just about crypto falling for itself out of nowhere, if 13k will ever be reached again, it will be because of something that is irrelevant to crypto itself directly, but does have an impact on it anyway, which is not impossible and could definitely happen.
Its fairly straightforward reversion above the prior decline at present. Both mid day and 2 day averages if we stay above that in any normal way for this daily bar I think we're ok for the moment because we can reference that the FED rate news came out and we have a possible relief rally from that. It'll be clearer in 24hr hours but I presume we must work out these prices where we lie just above the 200 week average. Similar to when we rise alot, the price action must be digested by all parties.
Later on we might resolve downwards but its abnormal to only move in one direction from my experience its never been that simple. This is a higher low, a good guess some will speculate upwards and we trade on that for now
Later on we might resolve downwards but its abnormal to only move in one direction from my experience its never been that simple. This is a higher low, a good guess some will speculate upwards and we trade on that for now
In my opinion, $13K is quite possible this week for Bitcoin. But whales are confuse for dumping more because they know Bitcoin has more value and it is undervalue around $13k. So more dumping means draining their bags so quickly. People are really hungry for Bitcoin in new inflationary era.
That you kidding man, that was fast to reach that low. If that may happen, whales are too happy and to the rescue of buying more Bitcoin but I guess this never happens to Bitcoin. We're still at $22k, which isn't bad to look at and not a thing to worried.Last bear season we reach down to the bottom at almost $3k but this time, I was predicting $20k is the bottom already and we are very close to that. However, the surge of demand lately, it comes to help the market by lifting it from the low position which is why we are seeing some inclines in the trend. We have these whales and we are thankful to these huge investors who are still holding and even accumulating more, they help to save the market from dropping more.
In my opinion, $13K is quite possible this week for Bitcoin. But whales are confuse for dumping more because they know Bitcoin has more value and it is undervalue around $13k. So more dumping means draining their bags so quickly. People are really hungry for Bitcoin in new inflationary era.
looking at bitcoin price history (a few years ago) it's very likely that BTC's ATL will hit $15k (I didn't think it would go to $13k)...the whales are playing with the market using the inflation issue, when the price goes down, they will definitely refill their bag and buy more BTC. before the bulls happen, the best moment to buy bitcoin is now.
It's possible also Bitcoin's current movement is unpredictable. I have seen on a Telegram group where people saying someone from NASDAQ predicts Bitcoin's bottom will be $13K. Although I don't believe it, but it's possible. Because everything is possible in crypto. But my personal opinion is the bottom would be $15K for Bitcoin and we can expect corrections from that points.
I hope Bitcoin will stand at the +20k level so we can see it raising again soon. I am worried a price under this level will make the resurrection of Bitcoin harder, I mean, it will take months or even years to see it getting back to +30-40k which is very upsetting for most people who bought above these levels. I believe many panicked and sold their savings. Personally I will keep it whatever it will cost in this short / medium term!
It's possible also Bitcoin's current movement is unpredictable. I have seen on a Telegram group where people saying someone from NASDAQ predicts Bitcoin's bottom will be $13K. Although I don't believe it, but it's possible. Because everything is possible in crypto. But my personal opinion is the bottom would be $15K for Bitcoin and we can expect corrections from that points.
Not this week, a proper sell has to refute the upside case first. A rush to conclude prices is not often the way BTC proceeds, people like excitement so expect everything now but its a bit of a slower process then that. The world only turns once every 24 hours and some people are asleep right now, situation development requires involvement of many parties to achieve any kind of consensus and movement.
I kinda wish we'd see that low event this week (can be 19k or any price not sure yet) and then put it behind us but I dont think it occurs immediately as we are only just newly arrived in the 200 week moving average area.
Today we've been tracking back and forth across the 12hr average. The first tiny part of moving upwards is returning positive on the latter part of the day at least.
Volatility is the thing that confuses their mind the most. They see the price move from 30k to 23k, which is a good chunk of loss for sure, however at the same time that is not something that happens every single day but it just confuses people because they see it "possible".I kinda wish we'd see that low event this week (can be 19k or any price not sure yet) and then put it behind us but I dont think it occurs immediately as we are only just newly arrived in the 200 week moving average area.
Today we've been tracking back and forth across the 12hr average. The first tiny part of moving upwards is returning positive on the latter part of the day at least.
So next thing they think, "if it can go from 30k to 23k in a few days, then why not be 13k in a week? it did it so far and can do it again" which is why I believe it is quite possible. All in all, I believe that we shouldn't really cause it to be a big deal, I believe this is why there are so many people think that it shouldn't really be a big deal and could happen, when it won't.
In my opinion, $13K is quite possible this week for Bitcoin. But whales are confuse for dumping more because they know Bitcoin has more value and it is undervalue around $13k. So more dumping means draining their bags so quickly. People are really hungry for Bitcoin in new inflationary era.
Bitcoin has plummeted over the past few days but it is still above the $20k mark for now. Bear market is not over yet and bad news continues to hit the market, bitcoin is likely to fall further but i don't think it will plummet to 13-15k this week with a pretty strong 20k support. IMO, bitcoin will have a slight rally and will probably sideways for a while then continue to decline.
In my opinion, $13K is quite possible this week for Bitcoin. But whales are confuse for dumping more because they know Bitcoin has more value and it is undervalue around $13k. So more dumping means draining their bags so quickly. People are really hungry for Bitcoin in new inflationary era.
OK then. A scenario with a $13.000 price for bitcoin is possible this week. How will you personally act knowing this? Are you willing to take the risk and buy at this price, or do you prefer to sell like most panicked and fearful of further losses? The words that you need to buy when others are selling and vice versa have already been mentioned here many times. Now is just such an opportunity when you can follow these words.
There is a huge panic going on in the market right now, and this is a huge opportunity for many who are not afraid to buy bitcoin while others are afraid. I don't think everyone will be able to buy at 13k because that price probably won't happen. in 2018 and 2020 we also expected bitcoin to drop to 1k after 3k, but it didn't happen. Probably won't happen this time either.
But if it really happens, I can't imagine what will happen to the market because a lot of people feel hopeless because the price has dropped so drastically. If people could be more patient at this point, they would see an opportunity to buy bitcoin at a lower price, especially since it's already at $20k and $19k is almost touched. Let's just hope the bitcoin price doesn't plunge to a lower price.See this post:
Keep in mind that the very top of bull markets, and the very bottom of bear markets, the narrative rhetoric is all the same:
Near the top of bull markets, the MSM and the "expert analysts" will all give you 1000+ reasons why the markets are going much higher. The uber bullishness hopium is off the charts.
And it often doesn't reach their lofty predictions.
Near the bottom of bear markets, the MSM and the "expert analysts" (often the same ones) will all give you 1000+ reasons why the markets are going much lower. The uber bearishness doom-and-gloom is off the charts.
And it often doesn't reach their lowly predictions.
This is all by design.
They want you to be "all in" at the top (because greed), and "all out" at the bottom (because fear).
Near the top of bull markets, the MSM and the "expert analysts" will all give you 1000+ reasons why the markets are going much higher. The uber bullishness hopium is off the charts.
And it often doesn't reach their lofty predictions.
Near the bottom of bear markets, the MSM and the "expert analysts" (often the same ones) will all give you 1000+ reasons why the markets are going much lower. The uber bearishness doom-and-gloom is off the charts.
And it often doesn't reach their lowly predictions.
This is all by design.
They want you to be "all in" at the top (because greed), and "all out" at the bottom (because fear).
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There is a huge panic going on in the market right now, and this is a huge opportunity for many who are not afraid to buy bitcoin while others are afraid. I don't think everyone will be able to buy at 13k because that price probably won't happen. in 2018 and 2020 we also expected bitcoin to drop to 1k after 3k, but it didn't happen. Probably won't happen this time either.
But if it really happens, I can't imagine what will happen to the market because a lot of people feel hopeless because the price has dropped so drastically. If people could be more patient at this point, they would see an opportunity to buy bitcoin at a lower price, especially since it's already at $20k and $19k is almost touched. Let's just hope the bitcoin price doesn't plunge to a lower price. It did not expect that the price of bitcoin continued to fall and this week was more than 33%, this made a large panic and in my opinion worse than 2018, if in 2018 the price only dropped around 40% but until now the price has dropped more than 60% than ATH, This makes us have to be aware of panic and anything can happen.
It could be worst if we goes down to $13k, as it is a huge crash coming from $69k. I believed that it can go down to $20k, and it will be the lowest low this bear market. But we are just barely half of the year at the start of the bear cycle and now we have achieved that already. So the future really looks bleak and that $13k might be possible but not sure if we can go that low this week. Just stay vigilant, I'm not going to say that we shouldn't panic, we should, but take this opportunity as a way to stockpile more BTC in our wallet.
In my opinion, $13K is quite possible this week for Bitcoin. But whales are confuse for dumping more because they know Bitcoin has more value and it is undervalue around $13k. So more dumping means draining their bags so quickly. People are really hungry for Bitcoin in new inflationary era.
The price still Holding above 20k level but yeah Literally 20k is the value now and i believe that there is a lowering chances to happen now .if the price once fall down below 20k? then we will be seeing this 15k or even 13k lowest ever had after that 68k ATH.
In my opinion, $13K is quite possible this week for Bitcoin. But whales are confuse for dumping more because they know Bitcoin has more value and it is undervalue around $13k. So more dumping means draining their bags so quickly. People are really hungry for Bitcoin in new inflationary era.
Read the below news:
https://cryptonews.com/news/celsius-tops-up-more-collateral-avoid-loan-liquidation-faces-eth-squeeze.htm
Whales are really hungry for major liquidation levels. The falling around $15000 is inevitable. We will have a SHORT-TIME shadow, so Get a short position now with good leverage and set up your take profits on $16852.
You will thank me later.
Liquidation updates on $14000. You can see on below link:
https://oasis.app/25977#Overview
So you can set you takes profits on $14K and make easy money.
It did not expect that the price of bitcoin continued to fall and this week was more than 33%, this made a large panic and in my opinion worse than 2018, if in 2018 the price only dropped around 40% but until now the price has dropped more than 60% than ATH, This makes us have to be aware of panic and anything can happen.
In my opinion, $13K is quite possible this week for Bitcoin. But whales are confuse for dumping more because they know Bitcoin has more value and it is undervalue around $13k. So more dumping means draining their bags so quickly. People are really hungry for Bitcoin in new inflationary era.
Anything is possible in bitcoin, to go really high or to go really low but I don't think this can happen this week. We have stayed in 27/28k for a couple of weeks so I am expecting it to do the same with other lower numbers. The dumps won't be instant but it will go slowly.Being confused is not in the vocabulary of whales but they already planned their moves in advance. That is important for them because they are professionals. Btc can drop to a much lower price but this didn't remove the fact that btc is still the most valuable coin in the crypto market. They can sell massively only to dump the price but they can always buy more bitcoins once it dumped.
There is a huge panic going on in the market right now, and this is a huge opportunity for many who are not afraid to buy bitcoin while others are afraid. I don't think everyone will be able to buy at 13k because that price probably won't happen. in 2018 and 2020 we also expected bitcoin to drop to 1k after 3k, but it didn't happen. Probably won't happen this time either.
Well it doesn't take a genius to see that's it's possible for the price to even go lower than what we are expecting. And with that said, others might take this a negative, but for the whales, they wanted this to happen because they have a good chance to accumulate again from those panic sellers. There are a lot of happenings around the world that has impacted the price recently and there could be more in the coming months that might pull down the price to this level, just saying, so just be ready.
In my opinion, $13K is quite possible this week for Bitcoin. But whales are confuse for dumping more because they know Bitcoin has more value and it is undervalue around $13k. So more dumping means draining their bags so quickly. People are really hungry for Bitcoin in new inflationary era.
Read the below news:
https://cryptonews.com/news/celsius-tops-up-more-collateral-avoid-loan-liquidation-faces-eth-squeeze.htm
Whales are really hungry for major liquidation levels. The falling around $15000 is inevitable. We will have a SHORT-TIME shadow, so Get a short position now with good leverage and set up your take profits on $16852.
You will thank me later.
Everything is possible if we look at the complications that can happen to the world, for example, when the Covid-19 pandemic was announced, this caused an unjustified drop in the price of Bitcoin, but the price quickly recovered in the medium term.
13k is very difficult in the short term, but it is possible and impossible to continue it in the future.
it will only happen with the occurrence of a unique event such as a crazy interest rate hike, an official declaration of recession, or an WAR III.
At this moment, the worst thing on my mind is breaking the long-term support line at $19,000.
13k is very difficult in the short term, but it is possible and impossible to continue it in the future.
it will only happen with the occurrence of a unique event such as a crazy interest rate hike, an official declaration of recession, or an WAR III.
At this moment, the worst thing on my mind is breaking the long-term support line at $19,000.
Below 19k you don't have big points of resistance until you get to 13k. It's really dangerous. Always good to remember that several funds and large investors entered after 2020 that will hardly hold if big tests occur at 19k.
Before that, there were several tests on the resistance of 29k, when it was broken, we arrived very quickly to the current price. Of course, there were several situations like Celsius and the whole market sinking. But we are in a delicate situation. And there are always weekends with low volume and high speculation to test new lows
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