Bitcoin bottom prediction? - page 2.

KingsDen

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Quote from: CageMabok on December 15, 2022, 04:30:18 AM

Quote from: Lubang Bawah on December 13, 2022, 11:48:53 PM

The lowest price until now is around $ 15600, and we hope this is the lowest price, especially today the price is close to $ 18k, if there are no big negative issues like FTX then the December is still a big chance of touching $ 20k, a good start in 2023 in order Market rising like 2021

Market conditions will always be different and I don't think that next year there will be a bigger movement or the way it was last year. Because the influence of negative news and political turmoil from various sectors is still there today so that some markets still look sluggish at the end of this year including the Bitcoin market which has not increased significantly even though yesterday it had increased to $ 18K.

I already anticipate that bitcoin will still be ranging in this price of 15000 dollars to a 20,000 dollars for this year and maybe throughout next year.
However there will be a feeling of New Year from January, whatever impact may be in the market I believe that the year will come with a new market direction towards bullish trend. Even if it does not last for long at least there should be a clear difference between 2022 and start of 2023 .

I pray that there shouldn't be negative information in the cryptocurrency industry by the first quarter of next year because it will greatly affect the market. But wether there is negative information or there is positive information we are still not expecting a major bull run by 2023. Everything is working towards the first quarter of 2024 during the halving. So whatever investment plan we have we should always be at alert and do our research very well but the best method to apply for this long investment period is dollar cost averaging committing what you are able to lose no matter if the market goes high or low .

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Quote from: Yaunfitda on December 15, 2022, 10:46:33 AM

Quote from: posi on December 15, 2022, 08:38:55 AM

Quote from: Vinaa77 on December 13, 2022, 05:10:34 PM

Quote from: Punakawan on December 09, 2022, 09:06:24 PM

Right, if we keep waiting then we will never buy, it's better to buy immediately and if the price turns out to drop, then don't sell but buy more, as we know that Bitcoin has a power for rising so that when the market is dropping the best thing is to continue buying, And don't ever wait and hope the price can be cheap in the future.

Short-term trading is indeed the right thing to do at this time. But some people are not interested in doing that. They are waiting for the lowest price, but unfortunately they cannot predict the lowest price of Bitcoin. Only predictions without doing more detailed research on Bitcoin prices. Maybe a good signal has been seen, maybe this is a bullish month. And information regarding the signs of an increase in the price of Bitcoin has been given. One of them is reduced US inflation.

It's too risky to trade short-term at this point, as bitcoin's price is so unpredictable it's impossible to say that it will recover this month. CPI has been announced, and interest rates have also been reported but there is no positive movement as we would expect, bitcoin shows no signs of bullishness in the last 15 days of the year.

Risky for us who doesn't know how to day trade, but for those who have experience, maybe they are still continuing it as this point even in a bear market.

There is also a positive response to the CPI report mate, not sure if you have able to catch up the price as it went as high as $18,300 less than 24 hours ago. Unfortunately, there are shorting bitcoin against that's why the price goes down to $17,450, so that is a just decline after that price surge.
.

In spite of the fact that I didn't miss it, since it happened so quickly and fell so instantly afterward, I wouldn't refer to it as a market rally, but rather a price trap. That's why I say it's too risky for someone to seek short-term profits.
My view is to limit trading in the bear market and stay out of the market when we have big news like the release of CPI or Fed interest rates. The price at that time was really volatile, and it didn't follow any rules, even though the good news came out, the price still fell without increasing.

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Quote from: posi on December 15, 2022, 08:38:55 AM

Quote from: Vinaa77 on December 13, 2022, 05:10:34 PM

Quote from: Punakawan on December 09, 2022, 09:06:24 PM

Right, if we keep waiting then we will never buy, it's better to buy immediately and if the price turns out to drop, then don't sell but buy more, as we know that Bitcoin has a power for rising so that when the market is dropping the best thing is to continue buying, And don't ever wait and hope the price can be cheap in the future.

Short-term trading is indeed the right thing to do at this time. But some people are not interested in doing that. They are waiting for the lowest price, but unfortunately they cannot predict the lowest price of Bitcoin. Only predictions without doing more detailed research on Bitcoin prices. Maybe a good signal has been seen, maybe this is a bullish month. And information regarding the signs of an increase in the price of Bitcoin has been given. One of them is reduced US inflation.

It's too risky to trade short-term at this point, as bitcoin's price is so unpredictable it's impossible to say that it will recover this month. CPI has been announced, and interest rates have also been reported but there is no positive movement as we would expect, bitcoin shows no signs of bullishness in the last 15 days of the year.

Risky for us who doesn't know how to day trade, but for those who have experience, maybe they are still continuing it as this point even in a bear market.

There is also a positive response to the CPI report mate, not sure if you have able to catch up the price as it went as high as $18,300 less than 24 hours ago. Unfortunately, there are shorting bitcoin against that's why the price goes down to $17,450, so that is a just decline after that price surge.

Quote from: posi on December 15, 2022, 08:38:55 AM

In my opinion, it would be better to keep accumulating for the long term instead of looking for short term profits, but if you are confident with your analysis, it is well worth a try.

Obviously this will be the best approach for us non traders, because just accumulate as much as we can and then HODL on it till the next bull run. No headache for us and we can sleep well thinking that tomorrow will be another day to purchase.

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Quote from: Vinaa77 on December 13, 2022, 05:10:34 PM

Quote from: Punakawan on December 09, 2022, 09:06:24 PM

Right, if we keep waiting then we will never buy, it's better to buy immediately and if the price turns out to drop, then don't sell but buy more, as we know that Bitcoin has a power for rising so that when the market is dropping the best thing is to continue buying, And don't ever wait and hope the price can be cheap in the future.

Short-term trading is indeed the right thing to do at this time. But some people are not interested in doing that. They are waiting for the lowest price, but unfortunately they cannot predict the lowest price of Bitcoin. Only predictions without doing more detailed research on Bitcoin prices. Maybe a good signal has been seen, maybe this is a bullish month. And information regarding the signs of an increase in the price of Bitcoin has been given. One of them is reduced US inflation.

It's too risky to trade short-term at this point, as bitcoin's price is so unpredictable it's impossible to say that it will recover this month. CPI has been announced, and interest rates have also been reported but there is no positive movement as we would expect, bitcoin shows no signs of bullishness in the last 15 days of the year.

In my opinion, it would be better to keep accumulating for the long term instead of looking for short term profits, but if you are confident with your analysis, it is well worth a try.

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Quote from: JamesDaniel90 on December 02, 2022, 09:54:19 AM

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

Maybe, if I read what you did with Bitcoin, I think the idea that you are implementing right now is the best idea if you understand the current crypto market situation, you don't need to speculate or predict the price of Bitcoin up to $ 12k, what you are doing with the current price of Bitcoin is already a step in the right direction.

Now you have 0.07BTC, with the current price of $ 17k, more & less, just imagine the next 1-2 years if the Bitcoin price reaches the level of $ 100k, you are already in a profitable position, well, of course every month you will add your investment in Bitcoin, I believe the current price is the best price you invest.

CageMabok

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Quote from: Lubang Bawah on December 13, 2022, 11:48:53 PM

The lowest price until now is around $ 15600, and we hope this is the lowest price, especially today the price is close to $ 18k, if there are no big negative issues like FTX then the December is still a big chance of touching $ 20k, a good start in 2023 in order Market rising like 2021

Market conditions will always be different and I don't think that next year there will be a bigger movement or the way it was last year. Because the influence of negative news and political turmoil from various sectors is still there today so that some markets still look sluggish at the end of this year including the Bitcoin market which has not increased significantly even though yesterday it had increased to $ 18K.

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Quote from: fuguebtc on December 15, 2022, 04:20:46 AM

Although US inflation has dropped, the Fed also lowered interest rates yesterday, but many economists think 2023 will be a worse year for the economy, so we cannot be optimistic about the market. And if we look at the bear cycle, we are far from over, so I also predict 2023 will have more bottoms than this year but what will cause the market to crash again? Time will give us the answer.
It is best for now to buy bitcoin, and avoid of altcoins or centralized exchanges because we never know what will happen in the future.

exactly , because mostly the year before the Halving brings more bad than what it is the day after the halving , so maybe what you said will be the coming of 2023 , though if we really wanted to stay then best to Keep the holding or sell it now readying for what will be happening in the next coming year .
for me? yes I am ready for the bearish market of 2023.

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Quote from: bitterguy28 on December 15, 2022, 02:24:31 AM

Quote from: Kadal Ijo on December 15, 2022, 01:43:19 AM

Until now we are happy because the lowest price was $ 15800 which occurred in early December or 2 weeks ago, this is a good sign that the market has the opportunity to rise, as investors of course we must understand the trends that can occur so that we can make the right decisions.

then best to consider buying and Holding instead of looking for a chance to sell because this year will be stagnant at this level and maybe 2023 will bring more worst that what we had this year.

we will be seeing more and more like this in the coming months so be glad that we still manage to keep 17k and still climbing . maybe 20k will be enough till December 31.

Although US inflation has dropped, the Fed also lowered interest rates yesterday, but many economists think 2023 will be a worse year for the economy, so we cannot be optimistic about the market. And if we look at the bear cycle, we are far from over, so I also predict 2023 will have more bottoms than this year but what will cause the market to crash again? Time will give us the answer.
It is best for now to buy bitcoin, and avoid of altcoins or centralized exchanges because we never know what will happen in the future.

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Quote from: Kadal Ijo on December 15, 2022, 01:43:19 AM

Until now we are happy because the lowest price was $ 15800 which occurred in early December or 2 weeks ago, this is a good sign that the market has the opportunity to rise, as investors of course we must understand the trends that can occur so that we can make the right decisions.

then best to consider buying and Holding instead of looking for a chance to sell because this year will be stagnant at this level and maybe 2023 will bring more worst that what we had this year.

we will be seeing more and more like this in the coming months so be glad that we still manage to keep 17k and still climbing . maybe 20k will be enough till December 31.

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Quote from: Kadal Ijo on December 15, 2022, 01:43:19 AM

Until now we are happy because the lowest price was $ 15800 which occurred in early December or 2 weeks ago, this is a good sign that the market has the opportunity to rise, as investors of course we must understand the trends that can occur so that we can make the right decisions.

Let's hope the price stays the same or goes back to $15,800 and only shows up higher.
But right now, the price is correcting again and either it will drop sharply or it can stay at the current price and then increase, it is unpredictable, although we can draw lines that might show where bitcoin will move.
But still, that won't guarantee that our predictions can be correct because the price can move anywhere right now.
The current downward trend can be used as a moment to buy bitcoin because the price is decreasing again.

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Until now we are happy because the lowest price was $ 15800 which occurred in early December or 2 weeks ago, this is a good sign that the market has the opportunity to rise, as investors of course we must understand the trends that can occur so that we can make the right decisions.

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Quote from: JamesDaniel90 on December 02, 2022, 09:54:19 AM

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?

Maybe your prediction is correct that bitcoin price will hit a low of $12k before bitcoin bounces back to higher levels but for this year I am not sure bitcoin price will enter the $12k area because if we look this far after bitcoin drops to $15k and being bitcoin's low point this year, then it seems unlikely that bitcoin will fall further past that area until the end of the year.
To make a purchase, maybe you can continue DCA so as not to miss the momentum because no one knows if the bitcoin price actually drops again to the $12k level and becomes the bitcoin low point.

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Quote from: Lubang Bawah on December 13, 2022, 11:48:53 PM

The lowest price until now is around $ 15600, and we hope this is the lowest price, especially today the price is close to $ 18k, if there are no big negative issues like FTX then the December is still a big chance of touching $ 20k, a good start in 2023 in order Market rising like 2021

But its been a day now that Bitcoin is still struggling to break that 18k and yet there is no sign for this breaking but We must not lose hope here , because no matter what? this is December and the chances of growing is always there for every cryptocurrencies specially our precious bitcoin.

Quote from: Punakawan on December 09, 2022, 09:06:24 PM

Quote from: Nrcewker on December 09, 2022, 12:14:18 PM

There is no perfect time to buy Bitcoins to be honest. If you keep on searching for more low price, then definitely you gonna miss the best time and price to buy the coins. I don’t think BTC will fall down to 12k usd anymore. Also there are some positive hopes seen from Bitcoins. So anytime the price might rise. Op if you are able to buy the coins anywhere less than 18k usd, then go for it. Buy as many Bitcoins as you can and enjoy the profits later on.

Right, if we keep waiting then we will never buy, it's better to buy immediately and if the price turns out to drop, then don't sell but buy more, as we know that Bitcoin has a power for rising so that when the market is dropping the best thing is to continue buying, And don't ever wait and hope the price can be cheap in the future.

but it is better wait while buying , meaning keep our holding and add more each time we have available funds to risk.

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The lowest price until now is around $ 15600, and we hope this is the lowest price, especially today the price is close to $ 18k, if there are no big negative issues like FTX then the December is still a big chance of touching $ 20k, a good start in 2023 in order Market rising like 2021

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Quote from: milewilda on December 13, 2022, 05:32:31 PM

Quote from: GeorgeJohn on December 13, 2022, 04:14:35 PM

Quote from: CageMabok on December 11, 2022, 08:06:41 PM

Quote from: S A KHAIR on December 11, 2022, 06:54:46 PM

Yes, there is no perfect time to buy bitcoin, those who are waiting will regret being too greedy, always want to buy bitcoin at the lowest price and always want to sell bitcoin at the highest price. Bitcoin price today compared to ATH is considered too cheap and if we really believe in bitcoin then buy now and use DCA will never miss the bottom of bitcoin.

Hello, people who are waiting to buy at low prices are not greedy people, but they are carrying out a buying strategy in order to be able to get a better profit by selling at high prices. Because they buy is to make a profit after saving or holding it for a long time, and they do that for themselves which is not just keeping it as a collection in a wallet.

Bitcoin investment is actually good to do when the price is in the state of falling, because i believe that have to fall some that people will have to opportunity to purchase larger for long term investing, and it's very clear that people who buy when the price of Bitcoin is low are the people who benefits from it mostly, because during the time of bullish they make their profit, and secondly buying Bitcoin for any kind of investment, you need to have a target, and that target supercedes others.

Really that very easy to say that we should really be buying on this particular time when the market is declining or on very bearish mode without even trying to look back or trying to see on what people been feeling
up on these particular moments which pretty sure that they would really be having that fear,anxiety,hesitance on doing so which it isnt surprising since we are just humans.
Bottom price prediction would be an never ending kind of seeking yet it had really be that very common with these kind of emotions to be encountered along the way.
This is why as a crypto investor or enthusiast then it would really be just a matter of risk management and handling.

Actually Bitcoin has do with target towards the time of investment, investing in Bitcoin what you have to do is to know the appropriate time you will purchase Bitcoin and make profit, so therefore the best time someone can invest in Bitcoin and make profit is when you have noticed that the bearish market or season have long way and you will keep following the chain of bearish market to invest in Bitcoin, because definitely the price of Bitcoin will rise and when it rise theirs every tendency that you will make a different profit.

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Quote from: GeorgeJohn on December 13, 2022, 04:14:35 PM

Quote from: CageMabok on December 11, 2022, 08:06:41 PM

Quote from: S A KHAIR on December 11, 2022, 06:54:46 PM

Yes, there is no perfect time to buy bitcoin, those who are waiting will regret being too greedy, always want to buy bitcoin at the lowest price and always want to sell bitcoin at the highest price. Bitcoin price today compared to ATH is considered too cheap and if we really believe in bitcoin then buy now and use DCA will never miss the bottom of bitcoin.

Hello, people who are waiting to buy at low prices are not greedy people, but they are carrying out a buying strategy in order to be able to get a better profit by selling at high prices. Because they buy is to make a profit after saving or holding it for a long time, and they do that for themselves which is not just keeping it as a collection in a wallet.

Bitcoin investment is actually good to do when the price is in the state of falling, because i believe that have to fall some that people will have to opportunity to purchase larger for long term investing, and it's very clear that people who buy when the price of Bitcoin is low are the people who benefits from it mostly, because during the time of bullish they make their profit, and secondly buying Bitcoin for any kind of investment, you need to have a target, and that target supercedes others.

Really that very easy to say that we should really be buying on this particular time when the market is declining or on very bearish mode without even trying to look back or trying to see on what people been feeling
up on these particular moments which pretty sure that they would really be having that fear,anxiety,hesitance on doing so which it isnt surprising since we are just humans.
Bottom price prediction would be an never ending kind of seeking yet it had really be that very common with these kind of emotions to be encountered along the way.
This is why as a crypto investor or enthusiast then it would really be just a matter of risk management and handling.

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Quote from: Punakawan on December 09, 2022, 09:06:24 PM

Right, if we keep waiting then we will never buy, it's better to buy immediately and if the price turns out to drop, then don't sell but buy more, as we know that Bitcoin has a power for rising so that when the market is dropping the best thing is to continue buying, And don't ever wait and hope the price can be cheap in the future.

Short-term trading is indeed the right thing to do at this time. But some people are not interested in doing that. They are waiting for the lowest price, but unfortunately they cannot predict the lowest price of Bitcoin. Only predictions without doing more detailed research on Bitcoin prices. Maybe a good signal has been seen, maybe this is a bullish month. And information regarding the signs of an increase in the price of Bitcoin has been given. One of them is reduced US inflation.

GeorgeJohn

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Quote from: CageMabok on December 11, 2022, 08:06:41 PM

Quote from: S A KHAIR on December 11, 2022, 06:54:46 PM

Yes, there is no perfect time to buy bitcoin, those who are waiting will regret being too greedy, always want to buy bitcoin at the lowest price and always want to sell bitcoin at the highest price. Bitcoin price today compared to ATH is considered too cheap and if we really believe in bitcoin then buy now and use DCA will never miss the bottom of bitcoin.

Hello, people who are waiting to buy at low prices are not greedy people, but they are carrying out a buying strategy in order to be able to get a better profit by selling at high prices. Because they buy is to make a profit after saving or holding it for a long time, and they do that for themselves which is not just keeping it as a collection in a wallet.

Bitcoin investment is actually good to do when the price is in the state of falling, because i believe that have to fall some that people will have to opportunity to purchase larger for long term investing, and it's very clear that people who buy when the price of Bitcoin is low are the people who benefits from it mostly, because during the time of bullish they make their profit, and secondly buying Bitcoin for any kind of investment, you need to have a target, and that target supercedes others.

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Quote from: Punakawan on December 09, 2022, 09:06:24 PM

Quote from: Nrcewker on December 09, 2022, 12:14:18 PM

There is no perfect time to buy Bitcoins to be honest. If you keep on searching for more low price, then definitely you gonna miss the best time and price to buy the coins. I don’t think BTC will fall down to 12k usd anymore. Also there are some positive hopes seen from Bitcoins. So anytime the price might rise. Op if you are able to buy the coins anywhere less than 18k usd, then go for it. Buy as many Bitcoins as you can and enjoy the profits later on.

Right, if we keep waiting then we will never buy, it's better to buy immediately and if the price turns out to drop, then don't sell but buy more, as we know that Bitcoin has a power for rising so that when the market is dropping the best thing is to continue buying, And don't ever wait and hope the price can be cheap in the future.

if you invest the amount you can afford to lose(like what we all advised everyone since day one) then you will never hurt even if the investment you out drops 90% right ? in that way you can keep the holding for years while the market is still lowering.
I just don't get why others are being hurt when their money saw it lowered .
because they are not following advises instead they wanted easy money things that mostly not possible in crypto because of the volatility and the capacity of manipulation that really damage the health of this crypto market.

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Quote from: S A KHAIR on December 11, 2022, 06:54:46 PM

Yes, there is no perfect time to buy bitcoin, those who are waiting will regret being too greedy, always want to buy bitcoin at the lowest price and always want to sell bitcoin at the highest price. Bitcoin price today compared to ATH is considered too cheap and if we really believe in bitcoin then buy now and use DCA will never miss the bottom of bitcoin.

Hello, people who are waiting to buy at low prices are not greedy people, but they are carrying out a buying strategy in order to be able to get a better profit by selling at high prices. Because they buy is to make a profit after saving or holding it for a long time, and they do that for themselves which is not just keeping it as a collection in a wallet.

I don't know if you're buying to keep it as a collection or not, but what I've seen for everyone who buys at low prices is to make it easier to make a profit when prices start to go up. So you have to be able to distinguish how greedy people are and how people are carrying out strategies or ways to make a profit in terms of buying.

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