Topic: Bitcoin fall below $30k - page 8. (Read 1031 times)
$20K is what a known to be the prediction of a known technical trader Soloway on KitcoNews. Been watching some prediction of some traders but this one is from a popular personality. There were others which I refuse to believe which is $12k.
They're saying it not helping the narrative that BTC is a hedge for this inflation but I strongly object that because its actually giving them the opportunity to jump into this market while cheaper.
As we are all aware of the volatility of the Bitcoin/cryptocurrency market which give the industry the speculative tendency to allow for analysis of the market from various analysts, as the week started in an unpredictable wave of downward movement which is the lowest for a long time since 2021 many predicted thirty thousand dollars price as the bearish minimum for this season but as at the time of making this post Bitcoin price is already below 30k region and this make me think what the next limit price will be I predict $25k as the lowest Bitcoin can fall to.
The crash is still ongoing, it will probably take the bitcoin price lower than $28K. If the market recovery doesn't go fast then I think there will be potential for the price to drop to $25K.In the near future I would never have thought that the bitcoin price would touch the 2017 ATH “$20K” even though the current correction is still happening. There is no relentless correction and I think it's time to expect the market to recover and $28K is a low point for a decline. But to be honest, we can never be sure whether this correction will get worse and will happen in a longer timeframe. But what is clear is that we must be prepared with all the consequences if holding is a last resort not to sell our bitcoin at a discount.
It is just an unbelievable moment for bitcoin dropping so fast today. The volatility keep pushing the price further down maybe we are going to see the $25k area by tomorrow if the speed of drop continues. The prediction for some have come but for many like me I didn't expect it that it will break $30k. This fall is affecting the market heavily and nobody to know when the price will go up.
Man, I don't know. My predictions was all wrong as I thought the bottom will be $35k and no lesser than that. But was surprised it could go way low than it. Well, I have bought Bitcoin at $30k so I guess I should just stop worrying it could go down even further. It's just a waste that I could've got more than what I have now if I bought now.
The lowest price? No one knows but I wish it will end now and go back up in no time. It had been a crazy week.
The lowest price? No one knows but I wish it will end now and go back up in no time. It had been a crazy week.
$25,000 is always possible this time. But I believe if ever it will happen, that will be the first time that Bitcoin will visit again $25,000 after the start of the year 2021 which we created a new all-time-high after a long bear run during 2017-2018.
If ever that will happen, the next stop is $20,000, or just a very long wick only.
If ever that will happen, the next stop is $20,000, or just a very long wick only.
As we are all aware of the volatility of the Bitcoin/cryptocurrency market which give the industry the speculative tendency to allow for analysis of the market from various analysts, as the week started in an unpredictable wave of downward movement which is the lowest for a long time since 2021 many predicted thirty thousand dollars price as the bearish minimum for this season but as at the time of making this post Bitcoin price is already below 30k region and this make me think what the next limit price will be I predict $25k as the lowest Bitcoin can fall to.
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