We all wait for bull market but there are some investors who also wait for bear market. Bull and bear markets act as complements to each other. The market is bullish because there is bear. So excluding one we cannot expect the other. There is always some negative news in the market and those who have acquired a good knowledge of Bitcoin can adapt themselves to any condition of Bitcoin. But new investors can't hold their emotions because of the little negative news about Bitcoin. As a result, any negative news they sell their assets. Some investors wait for that opportunity and collect bitcoins. A Bitcoin investor must try to hold bitcoin as much as possible before investing. And it is important for him to gain knowledge or else he will lose.
Investors invest all the time waiting to make money. But some new investors always put their money in big risk for small mistakes. If we can invest right when the Bitcoin market is dumping. It will help us a lot to make money. But if the market of Bitcoin is dumping, then if we get frustrated and sell the invested money, it will be a big wrong decision for us. Therefore, we should always invest with good knowledge about Bitcoin. If No so we can get into big trouble sometime. 
Topic: Bitcoin is not going to $12k. (Read 997 times)
Couple of months ago I believed Bitcoin could hit somewhere around 10k dollars so I told myself to wait some more months and even years to experience it. I was planning to maximize my gains.. But I was proven wrong for sure. I quickly realized people who are saying Bitcoin can hit under 10-15k are too naive. In totally normal circumstances Bitcoin will have so much demand at those points it will quickly go above 20k maybe even 25k.
This is the prediction from majority of the bitcoin hodlers. When the price kept falling all of the sudden from the range of around $23k. During the start of the year 2023 the price of bitcoin was around $16700. Over time they safe guarded themselves as the price didn't move downwards. There is good recovery as the market bounced to cross $20k on the same day. During the start of the year $10k - $12k is the prediction and everything happened in a better way than predicted. 
Bitcoin's value will not go down so much bitcoin's price fluctuations have the impact of negative news circulated. When the negative news was released many investors hurriedly sold their bitcoin it reduces the price again the positive news is revealed. Bitcoin is the largest cryptocurrency in the world by market value in the present, the price has dropped drastically, but the price of the sky can reach the price of bitcoin millions of dollars. Investors may be widely attracted to cryptocurrency due to crisis in various banking sectors producers may also be encouraged to increase storing for global supply.
And maybe it's already price-in, that's why when we heard negative news, it's not a big deal for Bitcoin right now.
Investors though are looking at the long term, specially that block halving is just around the corner.
Even if there is a negative news, the market are bouncing back because investors are buying at a rate.
The only thing that I can see that the price going down very hard like last year, is that if we have what we call a black swan event.
Like big exchanges closing it's door, but I doubt that we will see something like FTX collapse this year.
Everything has settled down a bit and just waiting for next year's halving.
There is always negative news in crypto. It will continue to happen from now on. There are many people who sold their Bitcoins as a result of this negative news. Contrary to these people, there are many people who trust Bitcoin and believe that it will reach the price they target, despite the negative news. There will always be these two different people in the market. I think this diversity makes the market beautiful.
Couple of months ago I believed Bitcoin could hit somewhere around 10k dollars so I told myself to wait some more months and even years to experience it. I was planning to maximize my gains.. But I was proven wrong for sure. I quickly realized people who are saying Bitcoin can hit under 10-15k are too naive. In totally normal circumstances Bitcoin will have so much demand at those points it will quickly go above 20k maybe even 25k.
Just share thought the last bottom would be 25K to 20K on the technical side huge support there and there are probably a dozen tons of people waiting in that line with a thin order book.
Tho in fundamental analysis, you already say a lot of it.
Tho in fundamental analysis, you already say a lot of it.
Bitcoin is not Going to $12k 🚨
Here is why :
- 93% of all Bitcoin has now been mined.
- World's largest asset manager Blackrock files for Bitcoin spot ETF
- Mysterious wallet accumulated $3 Billion worth $BTC In just 3 months
- Europe gets its first Spot Bitcoin ETF
- Only 6.3% Of Total Bitcoin Supply Left On Exchanges
- Bitcoin Halving in just 8 months
- Bitcoin supply shock inevitable
This could be the Final Shakeout/Manupulation before the real Bull Run begins. Next 2-3 months are going to be Important!
Don't miss the second chance. Act smart
Here is why :
- 93% of all Bitcoin has now been mined.
- World's largest asset manager Blackrock files for Bitcoin spot ETF
- Mysterious wallet accumulated $3 Billion worth $BTC In just 3 months
- Europe gets its first Spot Bitcoin ETF
- Only 6.3% Of Total Bitcoin Supply Left On Exchanges
- Bitcoin Halving in just 8 months
- Bitcoin supply shock inevitable
This could be the Final Shakeout/Manupulation before the real Bull Run begins. Next 2-3 months are going to be Important!
Don't miss the second chance. Act smart
It is impossible to determine the exact bottom , even if prices was 12k some people will create another bottom of fear and doubt always without any stop , buying and investing for long term is the solution
Sadly the market now is not the market back in 15-16. The price is manipulated my cex and dexes. If there is liquidity in 12K and even under 10K. We can easily see under 10K in a Recession. Nothing is guaranteed in this market but the long run. We all believe the same thing in the long run however I expect an ice age which throws us under 10K for quite a time. No market repeats itself especially such a new market as Crypto.
However this is just my 2 cents; you never know what will happen next, we can only speculate.
With respect.
Tetaeridanus.
However this is just my 2 cents; you never know what will happen next, we can only speculate.
With respect.
Tetaeridanus.
absolutely! we can only speculate on this market. but we can always have our own predictions based on various factors such as adoption, upcoming events, stakeholders and so on. with such, it is up to you how you will react on this market. if you feel we are heading in the positive direction, why not invest some while the price is below 30k? but that's all on you.
Bitcoin's value will not go down so much bitcoin's price fluctuations have the impact of negative news circulated. When the negative news was released many investors hurriedly sold their bitcoin it reduces the price again the positive news is revealed. Bitcoin is the largest cryptocurrency in the world by market value in the present, the price has dropped drastically, but the price of the sky can reach the price of bitcoin millions of dollars. Investors may be widely attracted to cryptocurrency due to crisis in various banking sectors producers may also be encouraged to increase storing for global supply.
And maybe it's already price-in, that's why when we heard negative news, it's not a big deal for Bitcoin right now.
Investors though are looking at the long term, specially that block halving is just around the corner.
Even if there is a negative news, the market are bouncing back because investors are buying at a rate.
The only thing that I can see that the price going down very hard like last year, is that if we have what we call a black swan event.
Like big exchanges closing it's door, but I doubt that we will see something like FTX collapse this year.
Everything has settled down a bit and just waiting for next year's halving.
There is always negative news in crypto. It will continue to happen from now on. There are many people who sold their Bitcoins as a result of this negative news. Contrary to these people, there are many people who trust Bitcoin and believe that it will reach the price they target, despite the negative news. There will always be these two different people in the market. I think this diversity makes the market beautiful.
The market will continue this way. I don't think there is currently an indicator that can predict the direction of Bitcoin, which has been stuck between certain prices for a long time.
Bitcoin's value will not go down so much bitcoin's price fluctuations have the impact of negative news circulated. When the negative news was released many investors hurriedly sold their bitcoin it reduces the price again the positive news is revealed. Bitcoin is the largest cryptocurrency in the world by market value in the present, the price has dropped drastically, but the price of the sky can reach the price of bitcoin millions of dollars. Investors may be widely attracted to cryptocurrency due to crisis in various banking sectors producers may also be encouraged to increase storing for global supply.
And maybe it's already price-in, that's why when we heard negative news, it's not a big deal for Bitcoin right now.
Investors though are looking at the long term, specially that block halving is just around the corner.
Even if there is a negative news, the market are bouncing back because investors are buying at a rate.
The only thing that I can see that the price going down very hard like last year, is that if we have what we call a black swan event.
Like big exchanges closing it's door, but I doubt that we will see something like FTX collapse this year.
Everything has settled down a bit and just waiting for next year's halving.
There is always negative news in crypto. It will continue to happen from now on. There are many people who sold their Bitcoins as a result of this negative news. Contrary to these people, there are many people who trust Bitcoin and believe that it will reach the price they target, despite the negative news. There will always be these two different people in the market. I think this diversity makes the market beautiful.
The market will continue this way. I don't think there is currently an indicator that can predict the direction of Bitcoin, which has been stuck between certain prices for a long time.
but it seems that the price is really that holding well plus having that upcoming halving event then i cant blame out people on not to really believe about this stuff but rather we might be seeing
the opposite thing instead.
Bitcoin's value will not go down so much bitcoin's price fluctuations have the impact of negative news circulated. When the negative news was released many investors hurriedly sold their bitcoin it reduces the price again the positive news is revealed. Bitcoin is the largest cryptocurrency in the world by market value in the present, the price has dropped drastically, but the price of the sky can reach the price of bitcoin millions of dollars. Investors may be widely attracted to cryptocurrency due to crisis in various banking sectors producers may also be encouraged to increase storing for global supply.
And maybe it's already price-in, that's why when we heard negative news, it's not a big deal for Bitcoin right now.
Investors though are looking at the long term, specially that block halving is just around the corner.
Even if there is a negative news, the market are bouncing back because investors are buying at a rate.
The only thing that I can see that the price going down very hard like last year, is that if we have what we call a black swan event.
Like big exchanges closing it's door, but I doubt that we will see something like FTX collapse this year.
Everything has settled down a bit and just waiting for next year's halving.
There is always negative news in crypto. It will continue to happen from now on. There are many people who sold their Bitcoins as a result of this negative news. Contrary to these people, there are many people who trust Bitcoin and believe that it will reach the price they target, despite the negative news. There will always be these two different people in the market. I think this diversity makes the market beautiful.
The market will continue this way. I don't think there is currently an indicator that can predict the direction of Bitcoin, which has been stuck between certain prices for a long time.
Bitcoin's value will not go down so much bitcoin's price fluctuations have the impact of negative news circulated. When the negative news was released many investors hurriedly sold their bitcoin it reduces the price again the positive news is revealed. Bitcoin is the largest cryptocurrency in the world by market value in the present, the price has dropped drastically, but the price of the sky can reach the price of bitcoin millions of dollars. Investors may be widely attracted to cryptocurrency due to crisis in various banking sectors producers may also be encouraged to increase storing for global supply.
And maybe it's already price-in, that's why when we heard negative news, it's not a big deal for Bitcoin right now.
Investors though are looking at the long term, specially that block halving is just around the corner.
Even if there is a negative news, the market are bouncing back because investors are buying at a rate.
The only thing that I can see that the price going down very hard like last year, is that if we have what we call a black swan event.
Like big exchanges closing it's door, but I doubt that we will see something like FTX collapse this year.
Everything has settled down a bit and just waiting for next year's halving.
Sadly the market now is not the market back in 15-16. The price is manipulated my cex and dexes. If there is liquidity in 12K and even under 10K. We can easily see under 10K in a Recession. Nothing is guaranteed in this market but the long run. We all believe the same thing in the long run however I expect an ice age which throws us under 10K for quite a time. No market repeats itself especially such a new market as Crypto.
However this is just my 2 cents; you never know what will happen next, we can only speculate.
With respect.
Tetaeridanus.
However this is just my 2 cents; you never know what will happen next, we can only speculate.
With respect.
Tetaeridanus.
If the event had started with normal FUD it wouldn't have affected the price significantly to fall to $12,000 but the third world war would have never happened, maybe there would have been something even more tragic, that's what the mind never thought of.
Of course, this is like a gift that you have to do immediately to buy as much bitcoin as possible at a price of $12,000. If you keep delaying it, Bitcoin will quickly fly back up to its normal price.
But none of that will happen. Trust me.
Well, the threat is there while there are a lot of commotions in every corner of the earth from the Atlantic sea, Europe, Saheel to the Chinese sea. If the war in Ukraine ever spills, it could actually happen and it's always the hard cash that is pretty much useful when chaos starts. Everybody might just sell. 12000 however is just too much of a dip, but it sounds like Gareth Soloway p[rediction again. That guy is just keeping his exaggerated fud.Of course, this is like a gift that you have to do immediately to buy as much bitcoin as possible at a price of $12,000. If you keep delaying it, Bitcoin will quickly fly back up to its normal price.
But none of that will happen. Trust me.
So far everyone doesn't want that to happen of course, the firepower of big nations can put us all to dust so it better be prevented.
However, these are all mere speculations and we don't know if anything like that would happen. No one in the world would want a world war happening even if they and their country don't get affected by it because it is just not a good thing, a lot of innocent people will have to suffer because of it.
Bitcoin's value will not go down so much bitcoin's price fluctuations have the impact of negative news circulated. When the negative news was released many investors hurriedly sold their bitcoin it reduces the price again the positive news is revealed. Bitcoin is the largest cryptocurrency in the world by market value in the present, the price has dropped drastically, but the price of the sky can reach the price of bitcoin millions of dollars. Investors may be widely attracted to cryptocurrency due to crisis in various banking sectors producers may also be encouraged to increase storing for global supply.
At the moment, I am really assuming that bitcoin will not really go down that low. The price already dropped hard to $15k and that was it. Since that big drop, it started to increase to $30k. Now we are at another correction at $26k. The support is holding really strong. I'm glad I was able to purchase at $25k something last week for my monthly dollar-cost averaging. The price is looking to reach back to $28k or even more in the weeks to come.
So the price of $12k for bitcoin is only a dream to those who waited for it. I bet it won't happen this cycle since the halving is already happening next year and we already know what's next.
So the price of $12k for bitcoin is only a dream to those who waited for it. I bet it won't happen this cycle since the halving is already happening next year and we already know what's next.
I am sorry to say that but if bitcoin goes to 15K or 12K$ levels at this moment, then the trend will be shifted and there will be no bull run in 2024/25. Going to 12$ means that we have broken the weekly trend of Higher High (HH) and Higher low (HL) and again moved to a bearish momentum of Lower Low (LL) and Lower High (LH).
I think the lower side of bitcoin at the current price level is very less and more chances is that bitcoin will continue moving up from these levels of 25K-26K.
I don't think the value of Bitcoin can go down that much. Because we are going to see a bull market very soon, and currently the price of Bitcoin is above 26k. In that I don't think that such a big gap in the value of Bitcoin can happen. Also I personally don't think the price of Bitcoin will drop that much. But no one can say for sure. Unfortunately if something bad like that happens, we'll be at least 20k in each currency. And the chances of something bad happening are very low.
That can happen, as long as there is a deep reason. The kind of negative news about Bitcoin or cryptocurrency It is possible that the price will gradually decrease. Or if the dollar continues to rise against bitcoin. But in reality this is not possible for the value of the dollar to continue to rise because that has never happened before until now. So, that means that even if the value of Bitcoin goes down now, it will recover immediately in a few days or weeks.
While price declines can occur for a reason, price recovery can also occur for a reason. Because market conditions are always influenced by real, more logical reasons, this has become very commonplace nowadays. There is nothing more surprising in the market than these two things which are influenced by events that occur outside the market, but for now price recovery is starting to be seen again, although it is only increasing slowly in the market. 
That can happen, as long as there is a deep reason. The kind of negative news about Bitcoin or cryptocurrency It is possible that the price will gradually decrease. Or if the dollar continues to rise against bitcoin. But in reality this is not possible for the value of the dollar to continue to rise because that has never happened before until now. So, that means that even if the value of Bitcoin goes down now, it will recover immediately in a few days or weeks.
I don't think that negative publicity will bring bitcoin to $12k. It has something to do with like FTX collapse that will pressure a lot of investors to sell because they don't like what they are seeing at that time.
But it is just some negative news, then I don't see it pulling the price massively that it will move to $12k. The last lowest low is $15,500, and it was due to FTX as I have said. But so far we can only hope that there will be no black swan events similar to that.
That can happen, as long as there is a deep reason. The kind of negative news about Bitcoin or cryptocurrency It is possible that the price will gradually decrease. Or if the dollar continues to rise against bitcoin. But in reality this is not possible for the value of the dollar to continue to rise because that has never happened before until now. So, that means that even if the value of Bitcoin goes down now, it will recover immediately in a few days or weeks.
$12,000 would be awful, I do not foresee a dump that deep. It would take something tragic like WW3 starting or a Great Depression for that to come to fruition. However, if there was an event that created a market sell off that severe, you should all buy as much as you can afford to because $12,000 would be a gift which would be short lived.
If the event had started with normal FUD it wouldn't have affected the price significantly to fall to $12,000 but the third world war would have never happened, maybe there would have been something even more tragic, that's what the mind never thought of.Of course, this is like a gift that you have to do immediately to buy as much bitcoin as possible at a price of $12,000. If you keep delaying it, Bitcoin will quickly fly back up to its normal price.
But none of that will happen. Trust me.
Well, the threat is there while there are a lot of commotions in every corner of the earth from the Atlantic sea, Europe, Saheel to the Chinese sea. If the war in Ukraine ever spills, it could actually happen and it's always the hard cash that is pretty much useful when chaos starts. Everybody might just sell. 12000 however is just too much of a dip, but it sounds like Gareth Soloway p[rediction again. That guy is just keeping his exaggerated fud.
So far everyone doesn't want that to happen of course, the firepower of big nations can put us all to dust so it better be prevented.
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