Bitcoin bottom prediction? | Bitcointalksearch.org

cryptomaniac_xxx

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Quote from: peter0425 on December 25, 2022, 06:21:25 AM

Quote from: crunck on December 02, 2022, 11:55:32 AM

No one can give you exact answer, bitcoin price prediction is impossible. If you really believe in bitcoin and believe bitcoin will rise again in future then continue DCA don't worry too much about bitcoin bottom. If you want to wait for the lowest price, sometimes you will miss the opportunity to own cheap bitcoin because bitcoin can rise again at any time. Go ahead DCA is the best solution.

Unpredictable , cannot be given exact prices but we can speculate its movement , we can asses that it will grow in certain period of time?
we can also assume that this can fall from here and there.

But for me personally ? i care nothing about the bottom because this is only my chance of buying .

Indeed, for long term holders or at least who have seen the last bear market, experience it and learn from it's mistakes and lessons, then we don't care how low can it go. And put it this way, it's better for the price to go down so that we can buy at the bottom, take that opportunity, and then hold for the next bull season.

I know it's going to be very hard, but then again, this is how the market works, the bears is going to be a big test for the majority of us. And so it we somehow passed that big test, then we should know what to do next, that is to accumulate and buy at every leg down.

peter0425

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Quote from: crunck on December 02, 2022, 11:55:32 AM

No one can give you exact answer, bitcoin price prediction is impossible. If you really believe in bitcoin and believe bitcoin will rise again in future then continue DCA don't worry too much about bitcoin bottom. If you want to wait for the lowest price, sometimes you will miss the opportunity to own cheap bitcoin because bitcoin can rise again at any time. Go ahead DCA is the best solution.

Unpredictable , cannot be given exact prices but we can speculate its movement , we can asses that it will grow in certain period of time?
we can also assume that this can fall from here and there.

But for me personally ? i care nothing about the bottom because this is only my chance of buying .

Ngemmeng

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It seems you are a new investor in crypto and I suggest you for long term investment because long term investment has lower risk and no need to use complicated analysis.
No one knows what the lowest bitcoin price will be but if you have faith that the bitcoin price will drop to $12k no problem, all you need to do is wait for the bitcoin price to $12k and buy. But the risk you have to face is that you might miss the best opportunity to buy if the current price is actually the lowest bitcoin price (not $12k).

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Quote from: dezoel on December 24, 2022, 05:58:36 PM

I believe 15k+ above will hold. Too many people are assuming that some fiasco such as Luna or FTX will happen again and we are going to have another big fall but I do not expect anything like that. The longer we stay around these prices the more it hurts companies in the crypto world, the more they hurt the closer they get to bankruptcy which could cause some trouble that is for sure, that's the fear people have.

I believe that we have been here long enough that most major players already established a base line, a line of credit, a loan or whatever and will survive long enough to see the price start to recover. Hopefully that will be soon enough because people are tired of waiting for a bull run.

it seems that the price level of 15-16k will indeed hold up. but the fud surrounding binance's bnb seems the current talk in the market. as BNB is said to fail in listings in major US exchanges except their Binance.US counterpart.

Binance Failing to Get US Exchange Listings for BNB Is Yellow Flag for Crypto Analysts

we have no idea what it will do to the crypto market in general. but binance is a strong trading platform up until now. for sure, they are doing some vital steps not to follow the path of FTX.

dezoel

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I believe 15k+ above will hold. Too many people are assuming that some fiasco such as Luna or FTX will happen again and we are going to have another big fall but I do not expect anything like that. The longer we stay around these prices the more it hurts companies in the crypto world, the more they hurt the closer they get to bankruptcy which could cause some trouble that is for sure, that's the fear people have.

I believe that we have been here long enough that most major players already established a base line, a line of credit, a loan or whatever and will survive long enough to see the price start to recover. Hopefully that will be soon enough because people are tired of waiting for a bull run.

Davian144

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Quote from: capedbaldy on December 23, 2022, 07:59:59 PM

We cannot predict the actual price movement but the pattern of movement indicates a decline due to Christmas and year-end holidays, the trend recovery will start at the beginning of next year as the market has been bearish during the last half of the year until it hit the same year low as the ATH achievement , but I believe once the big FUD has disappeared then the initial price recovery of BTC will hit a high

Price sideways on Bitcoin are still very frequent this month and that makes Bitcoin not immediately at its highest point for this year. And for next year, I also can't make a more precise prediction other than just looking at the conditions that can affect the price of Bitcoin in the market. Because price recovery in Bitcoin always requires a little bit longer than a drop that can happen in a very short time like what happened this year

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Quote from: Quidat on December 23, 2022, 06:47:19 PM

So whats the bottom price?

Its really hard to make out conclusions considering that we've been able to see some fake pumps or increase but eventually trying to go back on where it was before.The hard thing on here is that
we cant really be sure if this one would be the start of the reversal of such trend.It is really too unpredictable and the price is really moving sideways on which it is really that hard to
presume on where it would be going.If you do see that it is already the bottom then its up to you whether you would really be getting in and invest or
would wait up a little further.

We cannot predict the actual price movement but the pattern of movement indicates a decline due to Christmas and year-end holidays, the trend recovery will start at the beginning of next year as the market has been bearish during the last half of the year until it hit the same year low as the ATH achievement , but I believe once the big FUD has disappeared then the initial price recovery of BTC will hit a high

Quidat

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Quote from: Captain Corporate on December 23, 2022, 04:53:23 PM

I do agree that bottom has been reached already, that is a likely scenario that we shouldn't really consider as impossible. I mean I get that there is this tension in the markets and we are not entirely sure whats going to happen, and that scares me too but that doesn't mean that we should leave reason and logic aside and start conducting our investments with our emotions neither. The data shows that there is a good support, and that means it should be as clear as possible that we should not be going down further unless something major happens, which sometimes happens, but I won't be expecting the unexpected and invest like that.

So whats the bottom price?

Its really hard to make out conclusions considering that we've been able to see some fake pumps or increase but eventually trying to go back on where it was before.The hard thing on here is that
we cant really be sure if this one would be the start of the reversal of such trend.It is really too unpredictable and the price is really moving sideways on which it is really that hard to
presume on where it would be going.If you do see that it is already the bottom then its up to you whether you would really be getting in and invest or
would wait up a little further.

Captain Corporate

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I do agree that bottom has been reached already, that is a likely scenario that we shouldn't really consider as impossible. I mean I get that there is this tension in the markets and we are not entirely sure whats going to happen, and that scares me too but that doesn't mean that we should leave reason and logic aside and start conducting our investments with our emotions neither. The data shows that there is a good support, and that means it should be as clear as possible that we should not be going down further unless something major happens, which sometimes happens, but I won't be expecting the unexpected and invest like that.

South Park

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Quote from: ilovealtcoins on December 17, 2022, 11:25:49 AM

When you don't have bitcoins in your wallet, then a bitcoin price increase won't be profitable for you it will be pointless. I expect the price to drop more simply because more people will dump their bitcoin and that is an opportunity for those waiting like me. Now, with 17k dollars, you can buy 1 bitcoin but if bitcoin drops to 10k, you will buy almost 2 bitcoins. Do you think 1 bitcoin or 2 bitcoin will be bigger in the future?

Without a doubt such a price difference is significant but at the same time we need to plan for the different scenarios that we may encounter, and it is also possible the bottom has been reached already, so in the case the price does not go down as expected you need to still take action as the price of bitcoin even now is very attractive, since I have little doubt that during the next bull run we are going to finally surpass six figures for the first time ever.

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Quote from: lepbagong on December 22, 2022, 12:32:12 AM

it will always happen beyond the analysis of all those who are currently continuing to provide that information on the price of bitcoin. because no one will be able to provide an accurate analysis but only estimate it and of course all can accept that analysis or not.
but continuing to invest by buying in installments is of course a very positive thing, because we and all believe that in time bitcoin will repeat itself to reach a renewable ATH and usually after the halving period has passed.
even if next year when the world economic situation has not improved, it is certain that the price of bitcoin will be worse off than it is at this time, it might happen, but why worry about it because every purchase of bitcoin will increase in time. so there is no need to worry about whether or not it will decrease again next year. Continue to buy and store, so you will achieve profits in time.

I am pretty sure that no matter what happens to world economy, bitcoin will do a lot better. Why think like that? Because as a reaction bitcoin could be doing worse, and because bitcoin is doing worse there are companies in trouble that work within the crypto industry as well such as FTX bankrupting and all the bad news that has been coming out.

However, as the world gets used to the economy, we are going to have people adjust to new reality of the world and we are going to end up with something much bigger. I am not saying that people will have plenty of money to spend, but they will adjust their budgets more precise and it will not be a shock anymore.

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Quote from: JamesDaniel90 on December 02, 2022, 10:54:19 AM

I started investing in Bitcoin after the June crash this year and have been buying weekly since.

I now hold 0.07 Bitcoin which I know isn't much but hopefully by the peak of the next bull run I will be holding a lot more.

I am wondering if I should be buying more at these lower prices or if should continue to just DCA weekly.

I think we will have one more crash personally to $12,000 before we start steadily going up again.

Would be interesting to hear everyone's prediction when it comes to how low Bitcoin will go before the next bull run?

it will always happen beyond the analysis of all those who are currently continuing to provide that information on the price of bitcoin. because no one will be able to provide an accurate analysis but only estimate it and of course all can accept that analysis or not.
but continuing to invest by buying in installments is of course a very positive thing, because we and all believe that in time bitcoin will repeat itself to reach a renewable ATH and usually after the halving period has passed.
even if next year when the world economic situation has not improved, it is certain that the price of bitcoin will be worse off than it is at this time, it might happen, but why worry about it because every purchase of bitcoin will increase in time. so there is no need to worry about whether or not it will decrease again next year. Continue to buy and store, so you will achieve profits in time.

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Quote from: xSkylarx on December 16, 2022, 12:41:33 PM

Quote from: ilovealtcoins on December 16, 2022, 12:35:00 PM

Quote from: JamesDaniel90 on December 02, 2022, 10:54:19 AM

I started investing in Bitcoin after the June crash this year and have been buying weekly since.

I now hold 0.07 Bitcoin which I know isn't much but hopefully by the peak of the next bull run I will be holding a lot more.

I am wondering if I should be buying more at these lower prices or if should continue to just DCA weekly.

I think we will have one more crash personally to $12,000 before we start steadily going up again.

Would be interesting to hear everyone's prediction when it comes to how low Bitcoin will go before the next bull run?

Let's keep using DCA and my prediction is we won't be able to exceed $18k by the end of this year, and 2023 will be another bad year for bitcoin and the market. My lowest target this time will also be $12k-10k and I am trying to go to work, save more and wait for more market crash in 2023 to earn as much bitcoin as I can. We don't have many opportunities, so take advantage of them.

why are you hoping for the bad next year? it isnt good. You should always think of a good price. I dont know where you came from but i would suggest that you need to think positive for the future price we all know that the price of the bitcoin every year is increasing . This current market crash is the the opportunity to buy a coin and hold it for a longer period of time

When you don't have bitcoins in your wallet, then a bitcoin price increase won't be profitable for you it will be pointless. I expect the price to drop more simply because more people will dump their bitcoin and that is an opportunity for those waiting like me. Now, with 17k dollars, you can buy 1 bitcoin but if bitcoin drops to 10k, you will buy almost 2 bitcoins. Do you think 1 bitcoin or 2 bitcoin will be bigger in the future?

South Park

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Quote from: xSkylarx on December 16, 2022, 12:41:33 PM

Quote from: ilovealtcoins on December 16, 2022, 12:35:00 PM

Quote from: JamesDaniel90 on December 02, 2022, 10:54:19 AM

I started investing in Bitcoin after the June crash this year and have been buying weekly since.

I now hold 0.07 Bitcoin which I know isn't much but hopefully by the peak of the next bull run I will be holding a lot more.

I am wondering if I should be buying more at these lower prices or if should continue to just DCA weekly.

I think we will have one more crash personally to $12,000 before we start steadily going up again.

Would be interesting to hear everyone's prediction when it comes to how low Bitcoin will go before the next bull run?

Let's keep using DCA and my prediction is we won't be able to exceed $18k by the end of this year, and 2023 will be another bad year for bitcoin and the market. My lowest target this time will also be $12k-10k and I am trying to go to work, save more and wait for more market crash in 2023 to earn as much bitcoin as I can. We don't have many opportunities, so take advantage of them.

why are you hoping for the bad next year? it isnt good. You should always think of a good price. I dont know where you came from but i would suggest that you need to think positive for the future price we all know that the price of the bitcoin every year is increasing . This current market crash is the the opportunity to buy a coin and hold it for a longer period of time

According to the four year cycle of bitcoin 2023 is also supposed to be a bad year, so this is not really about what we want but about what it is likely to happen, and 2023 is most likely going to be a bad year for bitcoin as well, so it is important to have a plan of what we are going to do if this is the case, and saving our money and taking advantage of the low price is not a bad strategy at all if you ask me, would I prefer bitcoin to go in a bull run next year? Yes, but it is not going to happen.

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Quote from: fzkto on December 16, 2022, 11:11:43 AM

Quote from: Poker Player on December 16, 2022, 10:39:23 AM

I don't want to be too pessimistic, but seeing that this cycle is the worst in terms of returns in percentage terms so far, I think we can go lower. I think the absolute minimum we could reach would be around $10k. I think that is a round number that would trigger mass buy orders, an extremely strong support, in the same way that in the next cycle, when we approach $100k I think there is going to be a very strong resistance, with a lot of sell orders and it is going to take several attempts to beat it.

I agree with you, although I don't believe bitcoin will fall much lower than it is now. But as long as there is only negative news in the market, I see no reason for growth. I am also starting to think that in case of new collapses, the price may fall below 10k. Right now the price is at a good support level. If this is broken, a free fall could start.

I think the negative news is a man made thing, like there are some people who do not want it to go up yet, and they want to accumulate further, maybe waiting for something and when they feel like they are ready and bought enough they will also pump the positive news.

Go back a few years to the start of the bull run and you will see that there were so many good news pumped to media and everyone talked about how crypto was the next revolution and even if it was for bad, it was everywhere and usually it was to say good things about it as well. Now we are only seeing legal issues and such, which is a trouble of course but I believe that it is normal to see them for the time being.

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Quote from: ilovealtcoins on December 16, 2022, 12:35:00 PM

Quote from: JamesDaniel90 on December 02, 2022, 10:54:19 AM

I started investing in Bitcoin after the June crash this year and have been buying weekly since.

I now hold 0.07 Bitcoin which I know isn't much but hopefully by the peak of the next bull run I will be holding a lot more.

I am wondering if I should be buying more at these lower prices or if should continue to just DCA weekly.

I think we will have one more crash personally to $12,000 before we start steadily going up again.

Would be interesting to hear everyone's prediction when it comes to how low Bitcoin will go before the next bull run?

Let's keep using DCA and my prediction is we won't be able to exceed $18k by the end of this year, and 2023 will be another bad year for bitcoin and the market. My lowest target this time will also be $12k-10k and I am trying to go to work, save more and wait for more market crash in 2023 to earn as much bitcoin as I can. We don't have many opportunities, so take advantage of them.

why are you hoping for the bad next year? it isnt good. You should always think of a good price. I dont know where you came from but i would suggest that you need to think positive for the future price we all know that the price of the bitcoin every year is increasing . This current market crash is the the opportunity to buy a coin and hold it for a longer period of time

ilovealtcoins

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Quote from: JamesDaniel90 on December 02, 2022, 10:54:19 AM

I started investing in Bitcoin after the June crash this year and have been buying weekly since.

I now hold 0.07 Bitcoin which I know isn't much but hopefully by the peak of the next bull run I will be holding a lot more.

I am wondering if I should be buying more at these lower prices or if should continue to just DCA weekly.

I think we will have one more crash personally to $12,000 before we start steadily going up again.

Would be interesting to hear everyone's prediction when it comes to how low Bitcoin will go before the next bull run?

Let's keep using DCA and my prediction is we won't be able to exceed $18k by the end of this year, and 2023 will be another bad year for bitcoin and the market. My lowest target this time will also be $12k-10k and I am trying to go to work, save more and wait for more market crash in 2023 to earn as much bitcoin as I can. We don't have many opportunities, so take advantage of them.

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Quote from: Poker Player on December 16, 2022, 10:39:23 AM

I don't want to be too pessimistic, but seeing that this cycle is the worst in terms of returns in percentage terms so far, I think we can go lower. I think the absolute minimum we could reach would be around $10k. I think that is a round number that would trigger mass buy orders, an extremely strong support, in the same way that in the next cycle, when we approach $100k I think there is going to be a very strong resistance, with a lot of sell orders and it is going to take several attempts to beat it.

Always say we're as likely to go up as to go down, but the apparent weakness in buyer territory now is really hard to ignore. It does look like we'll survive the year already seeing its bottom, but there's just too much and too far ahead to weather in 2023 to discount another bottom over the next few months.

Definitely agree 10k has always felt psychological (then again, I thought 20k being 2017 ATH should have been even more forceful as a psychological support but that gave way relatively easily).

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Quote from: Poker Player on December 16, 2022, 10:39:23 AM

I don't want to be too pessimistic, but seeing that this cycle is the worst in terms of returns in percentage terms so far, I think we can go lower. I think the absolute minimum we could reach would be around $10k. I think that is a round number that would trigger mass buy orders, an extremely strong support, in the same way that in the next cycle, when we approach $100k I think there is going to be a very strong resistance, with a lot of sell orders and it is going to take several attempts to beat it.

I agree with you, although I don't believe bitcoin will fall much lower than it is now. But as long as there is only negative news in the market, I see no reason for growth. I am also starting to think that in case of new collapses, the price may fall below 10k. Right now the price is at a good support level. If this is broken, a free fall could start.

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I don't want to be too pessimistic, but seeing that this cycle is the worst in terms of returns in percentage terms so far, I think we can go lower. I think the absolute minimum we could reach would be around $10k. I think that is a round number that would trigger mass buy orders, an extremely strong support, in the same way that in the next cycle, when we approach $100k I think there is going to be a very strong resistance, with a lot of sell orders and it is going to take several attempts to beat it.

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