Topic: Bitcoin may likely pull back to 35k - page 6. (Read 958 times)
$35,000? What is that, a pullback for ants? Looking at the chart, it seems pretty obvious that if we see a crash it'll be back to the baseline of around $10,000. At that point you'll start reading about stories of all the people who have lost their homes and life savings on Bitcoin because it's an evil Ponzi scheme. That will mark the bottom. I'm just not seeing any signs of desperation in the market. People are still bullish for the most part. Maybe because this has been the easiest trade in human history, or maybe because we haven't seen capitulation yet. In any event, I won't be mortgaging the house to buy BTC just yet. I'd still urge caution and suggest looking out for good spots to sell some until something in the market fundamentally changes (ETF approval, major country recognition, etc).
Things are looking dire at the moment which is why lots of people are predicting the fall of btc back to 35k like you or for others, 28-30k areas. Which are all valid speculations. Though, I had my buy orders set and filled at 37K+ both on spot and on leverage. Will DCA or sell depending on the movement of the market. But for now, I do not see it going further down yet since in my perspective the market is still pretty undecided. I do hope though that we only go up from here on.
Well, I do hope this won't take so long as I was afraid this makes emotional individuals got to panic and it worse the situation. Very often to hear people becoming negative as the situation turns like this and it was understandable since we do speculate market depending on the current view. I'd even think that the price of Bitcoin will move down closer to $30k. But never did I feel it down and worried about more drops if it happens, volatility sometimes was bad, and sometimes it was profitable.
Things are looking dire at the moment which is why lots of people are predicting the fall of btc back to 35k like you or for others, 28-30k areas. Which are all valid speculations. Though, I had my buy orders set and filled at 37K+ both on spot and on leverage. Will DCA or sell depending on the movement of the market. But for now, I do not see it going further down yet since in my perspective the market is still pretty undecided. I do hope though that we only go up from here on.
I think this will hard to happen because bitcoin price is staying strong above 35k and keeping 40k level till now.
Watching the current market conditions and the way the Bitcoin bear market is acting I know there will not be strong resistance to the 40k level and the price may likely pull back to 35k before it build up against the bear market, this season may not be a Bitcoin all green season but a lot of red lines will surface and cover the entire market for some time.
What should be the problem if the price goes down to 35k mate? because I am looking at this as an advantage. yeah i have a holding in which I bought at 32k but I still seek for a chance to buy again more and so if we are going to see a price fall? then this is my opportunity to buy again and thank you for that.
Nothing to worry for that you are still in profit. If the price drop below $30K, that's when many will panic once again. For now $37k has a strong support and its okay to just drop further to $35k.
Quote
For me I wouldn't want to panic when its too late, the best for me to act now since investing can be done later anyway. I have to put all the funds in stablecoin yet and if price bounces and trends are quick easy to predict, that's a safer way to do it.
Indeed , just chill with your funds and besides best to add more if dumping happens. 
Everything that enters the issue of speculation is welcome for any analyst, influencer, economist and even a politic BTC in its Chart, it is remarkable that there is a lot of institutional participation that BTC bought regardless of the price, it is not like the usual whales that they seek to buy BTC cheaply, what is always sought is that by nature.
I have been reading items that speak of $35.000 and up to $32.000, and yes, it is possible, but it is also possible to return to the levels of $43.000 or more, but who are the intersters to lower the price? For me it is the whales, the ones that have purchased cheap, and with their powers it does not cost much to launch an article infusing a little fear, panic to influence weak minds and sell, this can be a strategy.
Pompliano's point of view is totally contrary to reaching $35.000, then they are diverse points of view, in my personal opinion the movement contrary will occur to what everyone expects, that is, if everyone expects the BTC to lower, it will not be Thus, but on the contrary.
I have been reading items that speak of $35.000 and up to $32.000, and yes, it is possible, but it is also possible to return to the levels of $43.000 or more, but who are the intersters to lower the price? For me it is the whales, the ones that have purchased cheap, and with their powers it does not cost much to launch an article infusing a little fear, panic to influence weak minds and sell, this can be a strategy.
Pompliano's point of view is totally contrary to reaching $35.000, then they are diverse points of view, in my personal opinion the movement contrary will occur to what everyone expects, that is, if everyone expects the BTC to lower, it will not be Thus, but on the contrary.
Watching the current market conditions and the way the Bitcoin bear market is acting I know there will not be strong resistance to the 40k level and the price may likely pull back to 35k before it build up against the bear market, this season may not be a Bitcoin all green season but a lot of red lines will surface and cover the entire market for some time.
The price of Bitcoin now is directly thirty seven thousand (37k) so the more we predict or laments on the growth of bitcoin the more bitcoin is changing shape, the fluctuations of bitcoin this days is unbearable indecencies that the price never be in constant equilibrium since this year started.So I'm not afraid of seeing bitcoin going downwards constantly or within space or interval of time, what i noticed that might be the major concern that is causing the down fall of bitcoin is the information of country crisis and also the market negative speculation, so it's assumption because I'm not considerate of this.
it seemingly to happen any time soon mate , because looking at the struggle of Bitcoin price to reach back 40k? it makes even harder and we can see it now happening https://coinmarketcap.com/currencies/bitcoin/
so I think 35k is near to come and when things comes worst ? it may also drop to 30k or bellow.
But i will not look at it as disadvantage because I want this to be profitable for me and will be my buying chance again, I sold my Ethereum last month and planning to buy other coin and this is what I wanted to take chances .
If in case btc will go down below $30k, guess what? A lot will panic and spread fud for sure. But for those who are waiting this opportunity, definitely they will buy to increase their stash. If you have long-term vision on this market, it is easy to buy while it is low as you have no urgent financial needs. But if you need it, that's the time that you will suffer loss because you need to sell your stash whatever the market is.so I think 35k is near to come and when things comes worst ? it may also drop to 30k or bellow.
But i will not look at it as disadvantage because I want this to be profitable for me and will be my buying chance again, I sold my Ethereum last month and planning to buy other coin and this is what I wanted to take chances .
Luckily there are those that appreciate a heavy dip and because of them the price still have a chance to recover thoroughly. Also not all that who invest have no urgent financial needs but there are some that have it, and this is the reason why they entered investing but investing doesn't need to be long as there are also cryptos that works well for short term.
Watching the current market conditions and the way the Bitcoin bear market is acting I know there will not be strong resistance to the 40k level and the price may likely pull back to 35k before it build up against the bear market, this season may not be a Bitcoin all green season but a lot of red lines will surface and cover the entire market for some time.
We are only just $2500+ away from that price since we are dipping down on 37k as of this moment and if you do tend to check out sentiments or fundamentals in the market today then you could really see some possible significant events or news that had really be the reason on such decline and instead of panicking or freaking yourself out with these kind of declines then it would be more sensible or ideal
to dive in into the opportunity for you to accumulate cheaper coins.Waiting for bottom? This is where everybody is been spotting as always.
In theory, a lower-than-expected drop could happen at $35k but the best resistance to retracement action doesn't extend as we close the April candle at $37k. This is still a good price for round trip over $47k in May. Market behavior is diversified by unhealthy sentiment. We hardly see the start of a trend consolidation but rather a battle against the market reaction before the next bull run.
It will take more months or year to see another bull run, for now, bitcoin needs not break another level of dip to see upto how much it can bounce back and how fast ot can. The fact that BTC is able to recover anytime will only be possible of there are good news that will kick it’s price up, but with market current status and news around the world, with war and new implementation of making the fees higher in some countries makes crypto more into bear season. Once the market recover or if there os atleast a positive news that can uplift the price to not break a new level of dip.And that could be the signal that we might be seeing the end of the bearish market. But so far in 2022, like others said, we might see the price really going down hard, currently at $37k, but I'm not surprised if the price will have like $35k or less at the end of the month.
With a very high Bitcoin price increase in 2021, I had predicted that 2022 would be bearish. Because indeed after a high increase,
Bitcoin needs to experience a correction first to be able to go higher. With the price of Bitcoin dropping to the price of $37k, it seems
that it is a sign that the price of Bitcoin in the near future will fall again. It looks like this week there's a pretty high chance that Bitcoin
will hit $35k, but don't panic if that happens. We must remain confident in the future of Bitcoin, because no matter how deep the price of
Bitcoin goes down it can always go up again. But since quite a lot of institutions decide to invest in Bitcoin for the long term, I predict
the price of Bitcoin will not drop below $30k, even the support price of $35k I think is very strong to hold the Bitcoin price from
falling any further.
In theory, a lower-than-expected drop could happen at $35k but the best resistance to retracement action doesn't extend as we close the April candle at $37k. This is still a good price for round trip over $47k in May. Market behavior is diversified by unhealthy sentiment. We hardly see the start of a trend consolidation but rather a battle against the market reaction before the next bull run.
It will take more months or year to see another bull run, for now, bitcoin needs not break another level of dip to see upto how much it can bounce back and how fast ot can. The fact that BTC is able to recover anytime will only be possible of there are good news that will kick it’s price up, but with market current status and news around the world, with war and new implementation of making the fees higher in some countries makes crypto more into bear season. Once the market recover or if there os atleast a positive news that can uplift the price to not break a new level of dip.And that could be the signal that we might be seeing the end of the bearish market. But so far in 2022, like others said, we might see the price really going down hard, currently at $37k, but I'm not surprised if the price will have like $35k or less at the end of the month.
Watching the current market conditions and the way the Bitcoin bear market is acting I know there will not be strong resistance to the 40k level and the price may likely pull back to 35k before it build up against the bear market, this season may not be a Bitcoin all green season but a lot of red lines will surface and cover the entire market for some time.
That could have happened considering bitcoin was through the price of $35k before the high rise some time ago.But if the price goes back to $35k again, I think it will trigger panic from people, including those new to bitcoin, because they may not have experienced such a deep decline.
But if they experience a deep drop, it will make them realize that the price of bitcoin could be at a certain point and before the price returns to a low price, they need to know what to do so they don't regret it.
But let's hope the price doesn't go back to $35k and stays at the current price level.
In theory, a lower-than-expected drop could happen at $35k but the best resistance to retracement action doesn't extend as we close the April candle at $37k. This is still a good price for round trip over $47k in May. Market behavior is diversified by unhealthy sentiment. We hardly see the start of a trend consolidation but rather a battle against the market reaction before the next bull run.
The price even going to dump more, it is already reached $33k at this post, somewhat the fallbacks continue. I'd really feel the bear season and I hope this could never make the community start panicking but to remains at ease. I have no strong conviction about its dump but I foresee this will possibly move down close to $30k. I'd see no changes in its momentum and not even hear good news that might affect the trend, the market is even silent...
We hear every type of voice as bitcoin will go to 35K, bitcoin cannot break 30K, bitcoin bottom will be 25K etc etc. No one knows how low or how high bitcoin can reach. It's all speculation and no one is certain about the bitcoin price movement.
One thing can be said with certainty that in the long run, bitcoin will cross 100K and more but no one can be sure about the short-term price movements.
More than 5 days the price of bitcoin is under $ 40k, I hope the market will recover soon and skyrocket again so that it makes investors optimistic and buy more, many people will buy bitcoin if the price is below $ 30k, but if that happens the market will continue to fall And it is difficult to reach ATH in 2022.
I will not be surprised if it will happen 
. TBH, this might be the start of the multi-month bear market.
US Stock Market is down as well because of inflation (maybe) and the Stock Market and Bitcoin often moves in the same direction. The Ukraine-Russia affects the whole market as well.
This might happen and there is also a possibility that we might see Bitcoin at $30,000 with what is happening right now. Base on the fear and greed index, investors are feared right now. People see this one as a negative one but intelligent ones see this as an opportunity. Just continue Dollar Cost Averaging if you really trust Bitcoin and you believe that it will go up in a few months to years.
. TBH, this might be the start of the multi-month bear market. US Stock Market is down as well because of inflation (maybe) and the Stock Market and Bitcoin often moves in the same direction. The Ukraine-Russia affects the whole market as well.
This might happen and there is also a possibility that we might see Bitcoin at $30,000 with what is happening right now. Base on the fear and greed index, investors are feared right now. People see this one as a negative one but intelligent ones see this as an opportunity. Just continue Dollar Cost Averaging if you really trust Bitcoin and you believe that it will go up in a few months to years.
@btc78 sorry man but am definitely leaning with LFC_Bitcoin here. Ytd low is the least to expect at this point despite the obvious accumulation. And once you meet that, hard not to see sub 30k. Halfway point between halvings and I know supercycle gone but that doesn't mean the massive floor isn't around the corner.
If you need the cash, do it now. God knows I hate to do the same but you really don't want to end up forced liquidating below 30k. And would be naive not to expect that.
If you need the cash, do it now. God knows I hate to do the same but you really don't want to end up forced liquidating below 30k. And would be naive not to expect that.
I’d be very happy if we were to avoid going below $35,000 again. Unfortunately I think we will go under $30,000 at some point in the next 18 months. We won’t go below $25,000 though so anything under $30,000 is a must buy.
Please don't make this happen mate because I am badly needed funds in the coming month lol 
But whatever the market brings before that time comes? i will consider taking funds in some friend or loan so i can keep my funds in Bitcoin stays in Holding .
But at least lucky that the price stays strong at 38k till this very moment and no chance of dropping to 37k
I’d be very happy if we were to avoid going below $35,000 again. Unfortunately I think we will go under $30,000 at some point in the next 18 months. We won’t go below $25,000 though so anything under $30,000 is a must buy.
Unfortunately, but some other investors would really love to see a price below $30,000 just to try to accumulate more BTCs. So yeah that's a must for everyone who is old enough in crypto space.
Below $25 will be the worse case scenario. However, that's even a better range to buy more BTC.
Ultimately, I don't expect something bullish this year. Below $30k would be most likely to be the bottom this year.
I’d be very happy if we were to avoid going below $35,000 again. Unfortunately I think we will go under $30,000 at some point in the next 18 months. We won’t go below $25,000 though so anything under $30,000 is a must buy.
that 18 months means before the 4 year cycle of Bitcoin Miner Halving? I support that Idea mate because Like me that can keep My coins for the next 2 years , then this 18 months is enough for my waiting as I am sure we will going to see that multiple price at 6 digits for bitcoin.and I think it is normal to drop from the Bullrun year and the coming years mostly is a fall.
Jump to: