Personally, I will not be expecting the $13,000 anymore this time. If we will base the previous bull run/bear run cycles, this level is very impossible to reach again. But if ever it will be, a very mind-blowing, very huge amount of money will be lost in the cryptocurrency market.
Let's be positive it will not reach there.
Topic: $13,000 is quite possible this week - page 5. (Read 813 times)
I doubt this. If the price continues to fall, it must not be caused by dumping whales. It must be caused by fear or panic selling among small-time investors. It is, of course, very possible that the initial cause of all this bear market are whales taking profit, but if you predict that $13,000 is on the way because of possible whale dumping, that's far from happening. Whales are whales not because they sell when the price is low but because they gobble up what cheap Bitcoin weak hands are selling. Whales won't settle with a loss.
It seems quite possible now, that's what we all are noticing. I am sure there is going to be panic if it touches $13,000 mark.
The panic is already taking place in the market, if we reached a price of 13k I think that would be the capitulation stage in which the price will not have too much room to go any lower than that, however while many people will worry at that point and maybe even think about the long term chances of bitcoin surviving, this will be an opportunity that we are not going to see for a very long time, and as such I will make the effort to get all the bitcoin I could at that point. 
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.
If you're part of Bitcoin whales maybe that wish become true but I think that's impossible to happen to go down further $20k.It's not easy for a whale to manipulate the price, it's also needed for them a massive capital to do this but they are happy to see many people will bite the trap by having FUD and sell their Bitcoin while at the dip.
A $13k rise is quite possible this week 
I tend to agree, it seems the price will resist this week.
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.
A $13k rise is quite possible this week
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.
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.
If you're selling, $13,000 is possible right now! Why wait until next week?
Seriously though, if you didn't sell at double the price, why would you sell now?
Seriously though, if you didn't sell at double the price, why would you sell now?
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.
Not sure if you can categorized whales as the one who are dumping right now. They have a lot bag full of bitcoin so for me it doesn't make sense to dump them at all. On the contrary, whales are going to buy tons and shitloads of BTC because it is cheap. If there are people who are dumping right now, it is those who have panic and most likely, newbies or investors who don't have experienced seeing this kind of crash.Actively trading whales will likely dump when the price dumps because it makes sense too. Most assets don't normally do a small sell off and recover from it - a lot take 2 or 3 legs to do it.
Also if you sell your crypto, you're provided liquidity from the rest of the market and if you can put a buy order below where you sold and have it filled you end up with more crypto.
If you sold 100 btc at $25k and bought back at $21k (if there was enough liquidity) then you'll be able to buy 120btc or have $400k left to withdraw after buying back your btc. It is a risky strategy but they might not care anyway if they're just waiting for a reason to leave with their funds.
In my opinion, $13K is quite possible this week for Bitcoin.
Why not? that is we are a going to see more dumps at least at the end of the week.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.
Not sure if you can categorized whales as the one who are dumping right now. They have a lot bag full of bitcoin so for me it doesn't make sense to dump them at all. On the contrary, whales are going to buy tons and shitloads of BTC because it is cheap. If there are people who are dumping right now, it is those who have panic and most likely, newbies or investors who don't have experienced seeing this kind of crash. 
But let's hope bitcoin doesn't drop below $20k and can stay at the current price and even bounce back up again so that it can be profitable for us.
When there is an ongoing trend it is difficult for a total change to happen but only a little can happen with time while trend is continuing. I think for the prediction of this year's price that we are still feeling the move, it may drop even more that we don't expect. The chart from CMC is showing a trend not going to change anytime in a rush.
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.
I can only say that everything is possible if we look at the history of bitcoin's movement because we can not predict the price easily. Everything can change quickly without us having time to analyze it, which makes many people panic. But let's hope bitcoin doesn't drop below $20k and can stay at the current price and even bounce back up again so that it can be profitable for us. But if $13k or even $8k is the lowest bitcoin price, we can only wait for that moment to come while preparing our money to buy at that price. 
You don't know what you're talking about, whales aren't simpletons like you are, they will find a way to be able to make some money in the market because I am pretty sure that they've survived this long because they know how to turn the current situation in their favor. The market will always be unpredictable, don't try to predict it's every little movement because it's futile, might as well look at it at a long-term perspective.
Various conspiracy theorists and those who live for the moments when average people lose money thanks to their reckless actions have welcomed their moment. Anything is possible and nothing should surprise us, so when asked how low Bitcoin can go, I answer that $100 per BTC is possible, which is actually good because everyone will be able to buy at least 1 BTC or at least half 
By the way, the OP post doesn't really make sense, nor is $13k a magic limit that some whales want/don't want to reach - nor are people hungry for Bitcoin at a time when food has risen dramatically and hundreds of millions of people around the world will starve.
By the way, the OP post doesn't really make sense, nor is $13k a magic limit that some whales want/don't want to reach - nor are people hungry for Bitcoin at a time when food has risen dramatically and hundreds of millions of people around the world will starve.
Your $13k might be too high,
https://cointelegraph.com/news/bitcoin-has-support-at-23k-but-analysts-warn-of-a-dire-drop-to-8k-as-global-debt-unwinds
https://cointelegraph.com/news/bitcoin-has-support-at-23k-but-analysts-warn-of-a-dire-drop-to-8k-as-global-debt-unwinds
Quote
analysts warn of a dire drop to $8K
Analysts have been known to be shit at crypto predictions.
Anyone waiting for 8k Bitcoin should talk to the people still waiting for double digit Bitcoin ...
analysts???
wilhelm you are correct.. they are sh!t
legendaryK.. have you even looked at the link you shared..
excuse me but that link is some kid drawing on a chart with a pen
there is no analytical data supporting his colourful scratch marks
MA200 movements is not analytical.
its not Technical Analysis (TA) . its "trend anals" (ta) emphasis on the anal
dont confuse the two
anyone can look back at history and find another dip or spike depending on current situation and call the previous time it happened an MAxxx and then say "its happening again"
EG the MTGox suspension of btc withdrawals in 2014, anyone can make a chart and draw arrows and then say it fits the MA-Y12 model
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 is really hard mate, 13k? how could this come to that low? any reason or proof? because this is bad speculation as this will bring Fud or less support from the community .Hope that 20k is the lowest and not to down more , I bought last 27k and believe that increase is coming soon .
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though there is a chance? yet I will never believe this until it happens.
Your $13k might be too high,
https://cointelegraph.com/news/bitcoin-has-support-at-23k-but-analysts-warn-of-a-dire-drop-to-8k-as-global-debt-unwinds
https://cointelegraph.com/news/bitcoin-has-support-at-23k-but-analysts-warn-of-a-dire-drop-to-8k-as-global-debt-unwinds
Quote
analysts warn of a dire drop to $8K
Analysts have been known to be shit at crypto predictions.
Anyone waiting for 8k Bitcoin should talk to the people still waiting for double digit Bitcoin ...
Your $13k might be too high,
https://cointelegraph.com/news/bitcoin-has-support-at-23k-but-analysts-warn-of-a-dire-drop-to-8k-as-global-debt-unwinds
https://cointelegraph.com/news/bitcoin-has-support-at-23k-but-analysts-warn-of-a-dire-drop-to-8k-as-global-debt-unwinds
Quote
analysts warn of a dire drop to $8K
In the first place I can see there are more support levels before 13K and since these areas are now broken yet we cannot wait for the 13K. For example, 20K can be the key support area and before reaching the 13 can wait for this level. However regarding the price action of bitcoin since we are still in the bearish phase of the market, I won't be surprised even if we see the lower levels even 10K or lower prices, we should be ready for everything and this situation made everything hard for the holders and especially the people who bought bitcoins on higher prices and especially if they do not have any risk managments plan for themselves.
Yes. The overall macroeconomic environment and the level of fear in the market could cause bitcoin price to fall below $15,000, or even below, to a single-digit amount in the thousands of dollars. The US Federal Reserve is expected to decide this week whether to increase the reference interest rate in order to "cool" high inflation, and some analysts say that the US economy could be headed for a recession this year. What could happen? Will the world economy fall into a deep recession, or will it simply stumble for a few months and then bounce back? Nobody knows.
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