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.
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. 
Topic: Bitcoin bottom prediction? - page 3. (Read 930 times)
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?
I have seen many people predict that bitcoin will go as low as $12000 and I can see that you are among those people that make such predictions. If you have your data and charts record to support your claim that means you have to continue with your dollar cost averaging, with that you will not be affected much if the price for the Bitcoin goes down to 12000 dollars.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?
The only disadvantage with dollar cost averaging which does not affect the investor is that the price can reverse from any point back to bull trend.
If this happens it is quite good for you because you are not losing which is better than buying at once and the price sinks downward. I will strongly advise that you should continue with your dollar cost averaging and do not purchase more than your power which means more than what you are able to lose at a particular time when bitcoin deeps and you wound want money in fiat.
I would assert that neither the bottom of bitcoin nor its all-time high during the bull run can be predicted. Unforeseen events like FTX occur. The possibility of dropping to $12,000 is uncertain, and your average is still below the present price of bitcon. The safest and simplest method to benefit from the current bitcoin price is to continue your DCA.
Bitcoin sinks too much but it will eventually recover and rise once more. Buy a lot of bitcoin while it is still affordable coz the bear market won't last forever.
Bitcoin sinks too much but it will eventually recover and rise once more. Buy a lot of bitcoin while it is still affordable coz the bear market won't last forever.
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.
The perfect time to buy bitcoin is when the bitcoin price hits your target, which means that you are going to have to set a target for the buy price as well as a target for the selling price. Investing always has to be a plan and in that you need to give a price target that suits your pocket, do not follow the speculations of others. Everyone has a different goal and way of investing, be yourself, and you will always win.
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.
Yes, that's right, it will waste my time waiting for an uncertain price, why do I need to wait, while bitcoin has fallen 70% from ATH, do you want it to drop to 90% again? It is illogical to continue to wait for time while other investors continue to buy as many bitcoins as possible, even though some are already preparing in the current situation to enter the market and make large entries.
So for those who keep waiting because they want to be FOMO but it's also wrong if they behave like this while others have developed strategies to carry out their duties in buying bitcoin and here we understand that sometimes it is also difficult to determine the right price.
One thing is certain, if you don't have a good plan, then you need another DCA strategy, which is far better than waiting for the price to drop.
Indeed some of them wish the price could touch $10k to buy more btc but it's a waste of time as you said because we are already at the bottom of course we will see the increase that occurs in the following days. big investors when the market goes down, of course they take advantage of that moment to buy and buy, but in the meantime we still think the price will fall again.So for those who keep waiting because they want to be FOMO but it's also wrong if they behave like this while others have developed strategies to carry out their duties in buying bitcoin and here we understand that sometimes it is also difficult to determine the right price.
One thing is certain, if you don't have a good plan, then you need another DCA strategy, which is far better than waiting for the price to drop.
So, in this confused state, we must have another option which is to buy 50% of the funds we have so that during a downturn we can buy again and if the price goes up we still have a chance to see the profit from investing 50% earlier.
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.
Yes, that's right, it will waste my time waiting for an uncertain price, why do I need to wait, while bitcoin has fallen 70% from ATH, do you want it to drop to 90% again? It is illogical to continue to wait for time while other investors continue to buy as many bitcoins as possible, even though some are already preparing in the current situation to enter the market and make large entries.So for those who keep waiting because they want to be FOMO but it's also wrong if they behave like this while others have developed strategies to carry out their duties in buying bitcoin and here we understand that sometimes it is also difficult to determine the right price.
One thing is certain, if you don't have a good plan, then you need another DCA strategy, which is far better than waiting for the price to drop.
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.
A good trader is someone that is able to adjust to the circumstances they are facing, the truth is that we will never know what is the bottom of this bear market until the bear market itself is over and we see an important recover for bitcoin, this means that we need to have a strategy which can still make money despite that lack of knowledge, and one of the best strategies which can be employed right now is to use dollar cost averaging and get some cheap coins while we can.
Looking at the base price no one ever knows we just assume the base price is bearish it has been the lowest throughout ATH so there is no need to know that but the important thing is how can we earn well in a red market situation implementing a strategy it is important to start buying with whether for example DCA or buy dips and other types of strategies from all of those methods, we will definitely hold on as long as the bearish market hasn't come out.Yeah I believe bitcoin will definitely recover and experience bullish again only one way to buy at this time.
It is very difficult to predict accurately how low the price of bitcoin will go, especially since the bear market is showing no sign of ending yet. But rest assured that the bull market will definitely come and for those of you who have bought bitcoin at the lowest price it is better to hold your assets while waiting for an increase to be sold so that you can get a satisfactory profit later.
I would say that it is impossible to predict the bottom of bitcoin nor predict the ATH of bitcoin during the bull season. Since incidents like Luna and FTX are always unexpected, the analysis cannot give exact numbers. Bitcoin bottom prediction is pointless while we can use DCA, IMO.
Nevertheless, you are correct, no matter how much bitcoin falls, in the end it will recover and rise again even if it drops too much. The bear market doesn't last forever, so buy lots of bitcoin while still cheap.
It is very difficult to predict accurately how low the price of bitcoin will go, especially since the bear market is showing no sign of ending yet. But rest assured that the bull market will definitely come and for those of you who have bought bitcoin at the lowest price it is better to hold your assets while waiting for an increase to be sold so that you can get a satisfactory profit later.
I would say that it is impossible to predict the bottom of bitcoin nor predict the ATH of bitcoin during the bull season. Since incidents like Luna and FTX are always unexpected, the analysis cannot give exact numbers. Bitcoin bottom prediction is pointless while we can use DCA, IMO.
Nevertheless, you are correct, no matter how much bitcoin falls, in the end it will recover and rise again even if it drops too much. The bear market doesn't last forever, so buy lots of bitcoin while still cheap.
It is very difficult to predict accurately how low the price of bitcoin will go, especially since the bear market is showing no sign of ending yet. But rest assured that the bull market will definitely come and for those of you who have bought bitcoin at the lowest price it is better to hold your assets while waiting for an increase to be sold so that you can get a satisfactory profit later.
Price prediction is indeed a difficult thing, if it's easy, of course we will become millionaires, because predictions are a difficult thing, it makes us always curious and in my opinion the best thing now is to buy because the opportunity to rise immediately occurs.
It is very difficult to predict accurately how low the price of bitcoin will go, especially since the bear market is showing no sign of ending yet. But rest assured that the bull market will definitely come and for those of you who have bought bitcoin at the lowest price it is better to hold your assets while waiting for an increase to be sold so that you can get a satisfactory profit later.
^^ Maybe, but still a full year ahead of us, full year of still bearish sentiments running around that can create another lowest low or bottom for this bear cycle.
Just hard though to see the price hitting at $13k or worst the $10k that everyone is hoping. Because that is the best chance for them to start accumulating because that could be the bottom price that we all have been waiting for.
Low bottom for the ongoing year won't happen much. Maybe the price can go close to $15k and the same won't drop to $10k or something. Even now it is time to accumulate through DCA and this can make you not miss the opportunity. By the falling year if the market trend continues to be the same as now, there are chances of reaching $12k or down to it.Just hard though to see the price hitting at $13k or worst the $10k that everyone is hoping. Because that is the best chance for them to start accumulating because that could be the bottom price that we all have been waiting for.
Current yeah? maybe we have hit the bottom at $15k.
But as I have said, we should look at 2023 with the same or at least we might see the same sentiments that's why the bottom price could still be open and we haven't it at this bear cycle.
So again, we should be prepared as to what next year will offer, if it goes down to what we have predicted then continue to accumulate and don't miss the chance to fatten our wallet around $10k-$12k.
It is not as easy as it may sound. They've endured market price down fall on those years and that made them deserving of what they have which is big profit in 2021. Many of are struggled holding because of worries of both selling too early and not selling at a higher market value. So on my end, determining its bottom won',t be a good option 'coz it will just be a factor of confusion.
That's where the theory of patience is tested when the market is volatile, we must have a calm soul in dealing with circulating funds. Those who have become millionaires at ATH before have provided tips for us to follow during market crashes, one of which is to buy at low prices and hold for the long term so we can be like them someday. but the events that are happening in our bodies right now are a sense of taking profits quickly and anyone will experience that so the difficulty of becoming a millionaire is at that crucial point.we have to relieve our sense of ego towards small gains and more concerned with big prospects in the long term. during this sideways market btc is relatively stable if we see selling and buying action. I don't think we're going to see lower prices later in the year because we're going to see the big pump coming in day by day later in the year.
That's why they say crypto is not for everyone because we need a lot of patience here, in order to be successful or at least make a lot of profits.
I mean it's a cycle, a 4 year cycle, so just imagine if you don't have the patience to hold or take advantage of the situation in a bear market to buy because you think that the price is tanking.
But for those experience traders and speculators, we have been tested and so far we have passed the test. So the simple and yet effective strategy is to buy cheap and hold nad have the patience.
We are always hunting out the bottom price which had been a casual thing to be done by investors because we are trying out to maximize profitability which it would be normal
that you would really be coming after that.Now that the price is stabilizing or having that no movement then this is where challenge and headache to begin.
It is not as easy as it may sound. They've endured market price down fall on those years and that made them deserving of what they have which is big profit in 2021. Many of are struggled holding because of worries of both selling too early and not selling at a higher market value. So on my end, determining its bottom won',t be a good option 'coz it will just be a factor of confusion.
That's where the theory of patience is tested when the market is volatile, we must have a calm soul in dealing with circulating funds. Those who have become millionaires at ATH before have provided tips for us to follow during market crashes, one of which is to buy at low prices and hold for the long term so we can be like them someday. but the events that are happening in our bodies right now are a sense of taking profits quickly and anyone will experience that so the difficulty of becoming a millionaire is at that crucial point.we have to relieve our sense of ego towards small gains and more concerned with big prospects in the long term. during this sideways market btc is relatively stable if we see selling and buying action. I don't think we're going to see lower prices later in the year because we're going to see the big pump coming in day by day later in the year.
That's why they say crypto is not for everyone because we need a lot of patience here, in order to be successful or at least make a lot of profits.
I mean it's a cycle, a 4 year cycle, so just imagine if you don't have the patience to hold or take advantage of the situation in a bear market to buy because you think that the price is tanking.
But for those experience traders and speculators, we have been tested and so far we have passed the test. So the simple and yet effective strategy is to buy cheap and hold nad have the patience.
It is not as easy as it may sound. They've endured market price down fall on those years and that made them deserving of what they have which is big profit in 2021. Many of are struggled holding because of worries of both selling too early and not selling at a higher market value. So on my end, determining its bottom won',t be a good option 'coz it will just be a factor of confusion.
That's where the theory of patience is tested when the market is volatile, we must have a calm soul in dealing with circulating funds. Those who have become millionaires at ATH before have provided tips for us to follow during market crashes, one of which is to buy at low prices and hold for the long term so we can be like them someday. but the events that are happening in our bodies right now are a sense of taking profits quickly and anyone will experience that so the difficulty of becoming a millionaire is at that crucial point.we have to relieve our sense of ego towards small gains and more concerned with big prospects in the long term. during this sideways market btc is relatively stable if we see selling and buying action. I don't think we're going to see lower prices later in the year because we're going to see the big pump coming in day by day later in the year.
^^ Maybe, but still a full year ahead of us, full year of still bearish sentiments running around that can create another lowest low or bottom for this bear cycle.
Just hard though to see the price hitting at $13k or worst the $10k that everyone is hoping. Because that is the best chance for them to start accumulating because that could be the bottom price that we all have been waiting for.
Low bottom for the ongoing year won't happen much. Maybe the price can go close to $15k and the same won't drop to $10k or something. Even now it is time to accumulate through DCA and this can make you not miss the opportunity. By the falling year if the market trend continues to be the same as now, there are chances of reaching $12k or down to it.Just hard though to see the price hitting at $13k or worst the $10k that everyone is hoping. Because that is the best chance for them to start accumulating because that could be the bottom price that we all have been waiting for.
More and more similar articles keep popping up, and while I find it hard to believe, it's a possible scenario. Here's another article I read yesterday:
https://www.newmoney.gr/roh/bloomberg/standard-chartered-voutia-70-ke-5-000-gia-to-bitcoin-stis-pithanes-anatropes-gia-to-2023/
It's in Greek but Google translate can be used.
An exact bottom price is not something I'd like to name but we can see points of emphasis like right now the weekly price and monthly average are converging, it suggests to me we will get movement some a resolution between positive bias or a break negatively.
If we can trade past and hold the prior December 5th high then that is a start to indicating positive price action is underway. This is a really small step we need to confidentially surpass, the bigger move would be to regain 19k and similarly hold then trade above that level using it as support not finding these common price points as resistance or ceilings.
If we can trade past and hold the prior December 5th high then that is a start to indicating positive price action is underway. This is a really small step we need to confidentially surpass, the bigger move would be to regain 19k and similarly hold then trade above that level using it as support not finding these common price points as resistance or ceilings.
Although today the market can go up more than 1%, but I'm not sure that the bear market has been completed, we must always be aware of the many scam cases that will make Bitcoin performance decrease, the biggest scam is of course from exchanges, because exchanges users can reach millions so that they will has a significant impact on the market.
The bear market is still not finished because it was triggered by several problems that have occurred this year so that the market recovery may take a little longer and that recovery will definitely not occur at the end of this year. a 1% increase is not enough and it pales in comparison to the percentage declines that have occurred this year. So the bear market is still continuing now even though everyone is hoping the bear market will end sooner. Jump to: