What do you guys think about the possibility that bitcoin will crash down below 20k again before going beyond 24k?
Bitcoin getting increasing or experiencing falling is nor longer a new thing, because i believe that Bitcoin have experience falling and rising in so many ways, so theirs every tendency that Bitcoin price will rise and also falls at any point in time, like throughout last year Bitcoin experienced a lot of down fall in the market and now that it tried to get some fraction in values, that doesn't mean that it won't experience falling again. So the market is unpredictable which it's can turn positive now and within a seconds it turns to negative in price, so this has been the system of Bitcoin for it's increment. 
Topic: Bitcoin 12,000 in 2023. - page 3. (Read 840 times)
What do you guys think about the possibility that bitcoin will crash down below 20k again before going beyond 24k?
Yes, I thought so too. But my estimate is that this condition will take place between April and September. For now, things are still running normally, even if the bull market condition is still going on. Most likely the month of September will start from the bull run market.I have the same opinion as you, I also believe this rally will last until the end of March, and at the beginning of April, bitcoin will have strong corrections. It is very likely that bitcoin will make the final bottom of this bear season before officially ending the bear season and entering a recovery phase in preparation for the halving.
For instance I haven't conceive an idea that bitcoin can pull below $18k this year. I was even saying that even if btc had to crash drastically, it shouldn't go below the previous ATL. But now the sentiment of $12k is trying to stick to my brain but I'll repel it.
The Bitcoin price and the country's economic system are in crisis all over the world. The price of Bitcoin has fallen drastically due to volatility. Now, by investing in assets with the cryptocurrency market and financial markets, you need to position yourself so that future bitcoin price increases will increase your portfolio. It is better to invest in Bitcoin in the current market as its price will continue to increase in the future.
What do you guys think about the possibility that bitcoin will crash down below 20k again before going beyond 24k?
Yes, I thought so too. But my estimate is that this condition will take place between April and September. For now, things are still running normally, even if the bull market condition is still going on. Most likely the month of September will start from the bull run market.I have the same opinion as you, I also believe this rally will last until the end of March, and at the beginning of April, bitcoin will have strong corrections. It is very likely that bitcoin will make the final bottom of this bear season before officially ending the bear season and entering a recovery phase in preparation for the halving.
What do you guys think about the possibility that bitcoin will crash down below 20k again before going beyond 24k?
Yes, I thought so too. But my estimate is that this condition will take place between April and September. For now, things are still running normally, even if the bull market condition is still going on. Most likely the month of September will start from the bull run market.
Year is still long and if it is general possibility, ofcourse there is a tendency especially if there will be something negative such as some sort of news, which could create a negativity in this industry as well. But right now, we can see the market price of Bitcoin gradually climbing which is a good thing. The only problem is that, the supporting reason for this increase isn't as strong for a bullish trend. However, it is something to look forward with for this year. But honestly, I am more expecting for an increase next year and this year I was expecting for a stagnant market price below $20k. Simply proves that its market prices has no certainty.
What do you guys think about the possibility that bitcoin will crash down below 20k again before going beyond 24k?
Yes, I thought so too. But my estimate is that this condition will take place between April and September. For now, things are still running normally, even if the bull market condition is still going on. Most likely the month of September will start from the bull run market. 
Today the price is up more than 3% and now it is getting closer to reach $24k and I believe this week the price could touch $25k, but bad things can happen anytime due to many factors, but if you look at the trend since 2021 then I believe the price is $12k hard to achieve, even when the big panic hit in late 2022 the low was $15k when many experts believed it would drop below $10k.
The price is currently around $23k and it seems hard to see a drop touching $12k, even when the bad times happened at the end of 2022 many believed that the price would continue to drop below $15k, but that didn't happen, and now the market is looking good and FUDs are getting less and less as prices go up, investors have forgotten about the FTX tragedy and it's time to see prices skyrocket again.
Now the price of Bitcoin is almost $24K even if you look at the market today. And this means that the potential upside for Bitcoin this year will far outweigh the downside because it may be true what you said that investors have started to forget about the tragedy that happened to FTX last year and with a little FUD also starting to have an impact on the increase in Bitcoin as traders are also starting to get excited again to continue buying and trading it as usual apart from holding it for some time.Right, and if that scenario should have to take place bitcoin will have to go down -50% this year. I'm not saying that it is not possible, because it is. But the chances are very low as we look at the start of the year. Investors are very bullish about it and if we reach like in the $30k'ish in this bull run, that will be +50% of the lowest lows.
So we might have hit the lowest low already in this bear cycle, and the price for this year might play along the $30k-$40k range before the eventual bull run in 2024 (right after the block halving).
Too many people think $15,xxx wasn’t the bottom & too many people are still twerking for new lows which is what makes me think that we have already seen the bottom.
$12,000 is a nearly 50% drop from here, we already dropped over 60% from the ATH. It’d take a real catastrophic event to see $12,000. I can’t see it but nothing is impossible.
$12,000 is a nearly 50% drop from here, we already dropped over 60% from the ATH. It’d take a real catastrophic event to see $12,000. I can’t see it but nothing is impossible.
The price is currently around $23k and it seems hard to see a drop touching $12k, even when the bad times happened at the end of 2022 many believed that the price would continue to drop below $15k, but that didn't happen, and now the market is looking good and FUDs are getting less and less as prices go up, investors have forgotten about the FTX tragedy and it's time to see prices skyrocket again.
Now the price of Bitcoin is almost $24K even if you look at the market today. And this means that the potential upside for Bitcoin this year will far outweigh the downside because it may be true what you said that investors have started to forget about the tragedy that happened to FTX last year and with a little FUD also starting to have an impact on the increase in Bitcoin as traders are also starting to get excited again to continue buying and trading it as usual apart from holding it for some time. 
I think I can safely say that this claim didn't age well. I was also expecting price to go somewhere under 15000 levels (not 12000). But it didn't happen. I think its too late now for this claim. I don't think Bitcoin bulls will allow Bitcoin to go under 20000. Honestly if it drops below 20000 I will buy even more Bitcoin to make my wallet ready for next big halving. If I consider this I think many people will consider exactly same so Bitcoin will resist high around 20000 dollar levels.
There’s a lot of predictions like this but it looks like Bitcoin is not bothered here and BTC focuses more on the pump. $12k will not happen anymore, there’s a strong candles that support the current trend of BTC and its getting stronger. What we can see is a possible correction but another bear trend might not happen, we are about to rise now so look for a more positive predictions, you’ll see its more possible to happen. 
When I saw your title I honestly said this person is cool because I can know the price that will occur in 2023 very precisely 
Not meaning to laugh at the possibility that it still exists but in this condition we also have to look at it from another angle, now bitcoin has almost reached $ 24k.
On the other hand with that state of mind then it is possible that if you have bitcoins you will obviously sell instead and wait again for the $12k price you mentioned then I think that's good so I can buy again
Not meaning to laugh at the possibility that it still exists but in this condition we also have to look at it from another angle, now bitcoin has almost reached $ 24k.
On the other hand with that state of mind then it is possible that if you have bitcoins you will obviously sell instead and wait again for the $12k price you mentioned then I think that's good so I can buy again
I think I can safely say that this claim didn't age well. I was also expecting price to go somewhere under 15000 levels (not 12000). But it didn't happen. I think its too late now for this claim. I don't think Bitcoin bulls will allow Bitcoin to go under 20000. Honestly if it drops below 20000 I will buy even more Bitcoin to make my wallet ready for next big halving. If I consider this I think many people will consider exactly same so Bitcoin will resist high around 20000 dollar levels.
There’s a lot of predictions like this but it looks like Bitcoin is not bothered here and BTC focuses more on the pump. $12k will not happen anymore, there’s a strong candles that support the current trend of BTC and its getting stronger. What we can see is a possible correction but another bear trend might not happen, we are about to rise now so look for a more positive predictions, you’ll see its more possible to happen. 
What do you guys think about the possibility that bitcoin will crash down below 20k again before going beyond 24k?
The economy is still tanking, unemployment is rising and rates are still high and we don't know when they will start getting lower. And the biggest thing is that we still didn't feel the effect of the rate hikes. Considering all this, I see a real possibility of bitcoin crashing down with other assets.
I don't see how we can get a soft landing when there is a statistic that every time after the fed pivot economy was dumping even harder.
I want to hear your perspective on this.BTC
That would need something drastic to happen, but as we already had unseen pandemic and war i thought i never see. I wouldn't be surprised about some catastrophic event. Although there would not be a safe heaven to invest if that happened beside doom-shorting everything. World economy does look dark, but from my experience things always look darkest near the bottom.The economy is still tanking, unemployment is rising and rates are still high and we don't know when they will start getting lower. And the biggest thing is that we still didn't feel the effect of the rate hikes. Considering all this, I see a real possibility of bitcoin crashing down with other assets.
I don't see how we can get a soft landing when there is a statistic that every time after the fed pivot economy was dumping even harder.
I want to hear your perspective on this.BTC
So wouldn't count it out but i like to be optimistic about the world so i won't be betting buy orders to $12k. It's already seems to have stabilized on the current area. My guess is that bitcoin volatility will be boring for a while until people see it too old and boring. After that bounce to new ath will probably surprise everyone.
Bitcoin has almost hit 24,000$ in the end of January, what could have been its best January performance since 2013, at least. Instead, we saw a correction back to 22,000$ price range, although right now bitcoin is already recovering again, back to the 23,500$'s, in this February month which started with an intense positive fluctuation.
Now the expectation is that bitcoin hit 24,000$ sooner or later, consequently maintaining the positive trend which has started in January and continued during the whole month. I don't see signals which could indicate bitcoin is going to drop for now. The market is looking better and better each new day on this new year of 2023.
We are almost on 24k as of this moment and we do have that sudden increase of price on last few hours which does indicate that we might be able to hit up 25k soon if ever this price movement or behavior wont really be changing up.I dont know but why there are lots of people who had been expecting for the price to hit up 12k which i dont see for this possibility but if there are some negative news that would impact out on the market then it would really be that possible but who knows? There's no way that we could really be able to predict on what would happen for this year 2023 whether we would be able to see some recovery or would reallyNow the expectation is that bitcoin hit 24,000$ sooner or later, consequently maintaining the positive trend which has started in January and continued during the whole month. I don't see signals which could indicate bitcoin is going to drop for now. The market is looking better and better each new day on this new year of 2023.
be that able to see these low prices considering that lots of people had been anticipating for this point.
Bitcoin has almost hit 24,000$ in the end of January, what could have been its best January performance since 2013, at least. Instead, we saw a correction back to 22,000$ price range, although right now bitcoin is already recovering again, back to the 23,500$'s, in this February month which started with an intense positive fluctuation.
Now the expectation is that bitcoin hit 24,000$ sooner or later, consequently maintaining the positive trend which has started in January and continued during the whole month. I don't see signals which could indicate bitcoin is going to drop for now. The market is looking better and better each new day on this new year of 2023.
Now the expectation is that bitcoin hit 24,000$ sooner or later, consequently maintaining the positive trend which has started in January and continued during the whole month. I don't see signals which could indicate bitcoin is going to drop for now. The market is looking better and better each new day on this new year of 2023.
I think I can safely say that this claim didn't age well. I was also expecting price to go somewhere under 15000 levels (not 12000). But it didn't happen. I think its too late now for this claim. I don't think Bitcoin bulls will allow Bitcoin to go under 20000. Honestly if it drops below 20000 I will buy even more Bitcoin to make my wallet ready for next big halving. If I consider this I think many people will consider exactly same so Bitcoin will resist high around 20000 dollar levels.
The price of bitcoin is always interesting and unpredictable, it's normal that many people speculate in the hope of saving bitcoin, but we must always think that bad things can happen, year 2021 when the price of bitcoin almost reaches $ 70k, I'm sure it won't drop below $ 50k so I dared to buy, unfortunately a lot of bad records happened like LUNA and FTX which made the price drop to $15k level.
It could happen and I am always open to that possibility. It's Bitcoin, the word "Volatility" is glued unto it. Might as well just call the volatile currency.
Anyway, I believe what you said is reality. Economy is not yet better and how I wish this is a correction, but I doubt it. If you are a trader I won't just sleep it through, always monitor the market as a dump may really happen anytime.
This is the part where scary movements could happen because we got used to the stagnant price for months.
Anyway, I believe what you said is reality. Economy is not yet better and how I wish this is a correction, but I doubt it. If you are a trader I won't just sleep it through, always monitor the market as a dump may really happen anytime.
This is the part where scary movements could happen because we got used to the stagnant price for months.
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