Topic: Bitcoin Price Can Fail and Will Touch Be US $ 13k Dollar? - page 4. (Read 1024 times)
Even though the crypto market is still bearish at the moment due to inflation with aggressive rate hikes by the Fed, I don't see bitcoin price dropping to $13k. Indeed, the impact of inflation and rising interest rates has lowered the market. confidence, and drive the crypto market's negative performance so far.
Today we deserve to be vigilant, 4 hours ago the price of bitcoin was still $20k, but now the price is $19k and is the fastest 5% drop in June, of course we must be ready if the price of bitcoin continues to fall, not ready to sell but ready to buy.
Anything can happen in the crypto world, especially when the market is sluggish and the bitcoin price is still stuck in the $21k-$20k area so far. However, if the estimated price of bitcoin will drop to $13k then, we will see another big dump in altcoins also occur and it is likely that many people will start to leave the crypto as a result of the losses they experience.
We are barely above the 20k level and if the bears can bring the price down below that level again I would not be surprised if we saw yet another bunch of people panicking and leaving the market, and while that would not be the worst scenario for us as it would be yet another opportunity to buy bitcoin for an even better price than the one we are seeing right now, there are many people which will lose money they will never recover and will probably think of this market as a scam, when the only thing that is happening is that they are simply unable to hold their coins during these difficult circumstances. 
Veteran analyst and senior trader, Peter Brandt, has accurately predicted a drop in the price of Ether (ETH), to US$1,200, when the price was still around US$1,800.
Of course, this led his Twitter followers to glance at his predictions on the price of Bitcoin (BTC), which he sees has the potential to fall even deeper, to $13,000.
In a bear market he is making his predictions and you do not need him to understand if the current support level would not stand, the price would fall further, but it is impossible to say exactly on when that would happen but you can always speculate in context of the overall economic situation if there is a economic crisis it is possible that we would see the market going down further.Of course, this led his Twitter followers to glance at his predictions on the price of Bitcoin (BTC), which he sees has the potential to fall even deeper, to $13,000.
This is why I have to say that this is the best case we could do right now and it will stay that way for a long time. At the end of the day we are going to have to learn to live with the fact that it's not going to be just go down and that's it, there will be ups and downs, hence why people are confused.
Anything can happen in the crypto world, especially when the market is sluggish and the bitcoin price is still stuck in the $21k-$20k area so far. However, if the estimated price of bitcoin will drop to $13k then, we will see another big dump in altcoins also occur and it is likely that many people will start to leave the crypto as a result of the losses they experience.
Veteran analyst and senior trader, Peter Brandt, has accurately predicted a drop in the price of Ether (ETH), to US$1,200, when the price was still around US$1,800.
Of course, this led his Twitter followers to glance at his predictions on the price of Bitcoin (BTC), which he sees has the potential to fall even deeper, to $13,000.
In a bear market he is making his predictions and you do not need him to understand if the current support level would not stand, the price would fall further, but it is impossible to say exactly on when that would happen but you can always speculate in context of the overall economic situation if there is a economic crisis it is possible that we would see the market going down further. Of course, this led his Twitter followers to glance at his predictions on the price of Bitcoin (BTC), which he sees has the potential to fall even deeper, to $13,000.
Honestly this forum is completely opposite of what it was 6 months ago.
Back then people weren’t sure if it will top at $100K, or $250K or $1M. Nobody assumed that $69K could be the top. Even when it topped people kept buying the dip at $60k, $50k,$40k,$30k, etc.
Now it’s complete opposite. People calling for $10K or $13K or even $1K. Everyone is bearish and most likely it means that we are very close to the bottom.
Back then people weren’t sure if it will top at $100K, or $250K or $1M. Nobody assumed that $69K could be the top. Even when it topped people kept buying the dip at $60k, $50k,$40k,$30k, etc.
Now it’s complete opposite. People calling for $10K or $13K or even $1K. Everyone is bearish and most likely it means that we are very close to the bottom.
It's nothing new that we haven't seen before, the numbers are changing but human behavior is more or less the same - most small investors see Bitcoin as a means of short-term profit, and when we are in a bear market they are absolutely not interested in Bitcoin. Even if the price is 50% lower than now, I believe that few would buy, because the media would emphasize the negative news even more and talk about the end of Bitcoin, as has always been the case in the past.
How close we are to the bottom and whether we have finally touched it is impossible to answer at this point because we are facing very challenging times that some analysts say have not been seen in the last 40 years. Some things will be a little clearer as we approach the end of the year, and until then we can only watch the world powers trying to fix the world economy.
Realizing that market could recover is not really a shocking new thing, but many people have a big misunderstanding that it may never recover at times, and that is the part where it really shocks me. I mean people who were never interested in crypto before, could totally see it as dying and never recovering again and I would totally understand that.
But, people who have been involved and then see that it is not doing so well right now and think that it is not going to be that easy to recover? It is not going to be recovering at all even? That is something I could never truly understand and that is why it is such a horrible situation to be in. I personally feel like the best thing we could do here is to focus on how we recover, and not if we will recover, because we will do that for sure.
But, people who have been involved and then see that it is not doing so well right now and think that it is not going to be that easy to recover? It is not going to be recovering at all even? That is something I could never truly understand and that is why it is such a horrible situation to be in. I personally feel like the best thing we could do here is to focus on how we recover, and not if we will recover, because we will do that for sure.
It's not something or agitation or argument, because the price of Bitcoin this time is something indifferent and we can pre assured that it will not exceeds or be greater than such price speculation. What i know is that nobody hold the base price of Bitcoin. Throughout 2022 we have been experiencing different price styles of bitcoin and it has been fluctuating. The surprising part of it, is the process Bitcoin clamps down to nineteen thousand and eighteen thousand (19k/18k) so their is every tendency that the price will still reduced. Because expecting bullish market it's by the ends of the year or the beginning of 2023
...
Bitcoin Price Could Touch US$13,000?
...
Bitcoin Price Could Touch US$13,000?
...
This place has become an echo chamber for bullishness. This year we will definitely see bitcoin prices below $13,000. In fact, by the end of this year prices will be below $1,000. I've proven it over and over using math and science.
Its perfectly reasonable that after rapid change upwards, we can see this price revisited under great pressure. If I put the graph on monthly bars to reflect the longer term nature of BTC and its cycles, it becomes more visible and justified as a view. If we have greater volatility we'll see a greater range appear possible, when we trend up it'll become tighter again in terms of the possible negative and positive price each month
To be honest, I didn't expect Bitcoin will fall below $20,000 in a very short period of time but we are already $2,000 below the $20,000.
So for me, the $13,000 is now possible as it falls below $20,000.
Below $13,000 for me now is impossible already for me, I don't want to see any cheap prices experienced during last 2017-2018 bear market.
Of course, everyone hopes that this doesn't happen, and I hope that Bitcoin won't fall below $13,000, the information I got about the Bitcoin price falling is only a temporary prediction, because no one can predict the Crypto market, especially bitcoin.So for me, the $13,000 is now possible as it falls below $20,000.
Below $13,000 for me now is impossible already for me, I don't want to see any cheap prices experienced during last 2017-2018 bear market.
Look at the market now, BTC recovered slowly and I think a bull run will come, though it is early to celebrate I have a feeling that it will never go down again. The price of BTC was resisted and it will never fall back again. That is right, it is unpredictable but if you look at and analyze the future price fundamentally, it has a good position that BTC will the price went up.
To be honest, I didn't expect Bitcoin will fall below $20,000 in a very short period of time but we are already $2,000 below the $20,000.
So for me, the $13,000 is now possible as it falls below $20,000.
Below $13,000 for me now is impossible already for me, I don't want to see any cheap prices experienced during last 2017-2018 bear market.
Of course, everyone hopes that this doesn't happen, and I hope that Bitcoin won't fall below $13,000, the information I got about the Bitcoin price falling is only a temporary prediction, because no one can predict the Crypto market, especially bitcoin. So for me, the $13,000 is now possible as it falls below $20,000.
Below $13,000 for me now is impossible already for me, I don't want to see any cheap prices experienced during last 2017-2018 bear market.
It doesn't matter if you are a long-term hold and still accumulating BTC in these bear market. BTC could touch 13k even if it can go below but one thing is clear that it will again raise from this bear market like it always does. We got so much people involved right now so there is a very little chance that it will be abandoned. CBDC will not be able to take its place.
It would be better if you could collect BTC in this bear market because the current BTC price is still low.But we also hope the BTC price can stay at the current level and return to a higher BTC price.
If this happens, the price can start rallying again and we can get another big profit.
But we also have to be careful with the possibility that people will spread negative news about BTC.
As if do we really care? why not go directly drop the price down to 1k so we can purchase at least hundred of Bitcoin for Holding.
I don't know why people when the market is Hyping tend to ask for lower price but when the market fells badly like now? they are afraid of losing more .
Just focus on our investment and forget for a while with that attitude you will be safe from panicking .
That's because of their awareness, when it's high they ask for low but after it's low they panic and want the price to go up but we shouldn't think too much of a failure but in a bearish trend this allows opportunities for holding.I don't know why people when the market is Hyping tend to ask for lower price but when the market fells badly like now? they are afraid of losing more .
Just focus on our investment and forget for a while with that attitude you will be safe from panicking .
More capabilities are investments from now on, type low prices and then forget about it for a while because this trend will definitely continue but for sure you already understand how the situation must happen, so don't panic.
I know that it is not going to be overnight profit, but it is definitely going to be a period where they will make a good return in the long run and that is a known established fact, and people who panic when it is low are the people who are not aware of the market too much.
assuming that bitcoin will fall that low, what do you consider us to do? sell out all our funds and keep in Fiat/USD?
I think there are several situation that people here considers and mostly it is to either keep holding or take this advantage to buy more..
I am one of those who will wait for this dump and purchase more, Have been waiting for this so why not consider this as chance of a lifetime .
I think there are several situation that people here considers and mostly it is to either keep holding or take this advantage to buy more..
I am one of those who will wait for this dump and purchase more, Have been waiting for this so why not consider this as chance of a lifetime .
It's not impossible that's for sure. The market sentiment right now is mostly negative, even if we consider how many people are actually thinking/hoping that there would be a bounce back after the drop to $20k, we haven't exactly seen it happen so we might not have bottomed out yet. If the constant sideways keeps happening though, I think the chances of us going below $15k would probably gradually reduce. We won't be seeing anything past the ATH ($69k) until the next ath though imo. And I reckon the next one wouldn't go past much $69k, maybe at most $100k.
Negative sentiment is still massive in various media, if there is a significant price drop then many media seem happy with this, investors panic and make prices continue to decline, maybe this year we will not see prices can pass ATH and we will probably be at the maximum level $40k.
It's not impossible that's for sure. The market sentiment right now is mostly negative, even if we consider how many people are actually thinking/hoping that there would be a bounce back after the drop to $20k, we haven't exactly seen it happen so we might not have bottomed out yet. If the constant sideways keeps happening though, I think the chances of us going below $15k would probably gradually reduce. We won't be seeing anything past the ATH ($69k) until the next ath though imo. And I reckon the next one wouldn't go past much $69k, maybe at most $100k.
In the same way that during last year's bull market, predictions were increasingly bullish, with the most exaggerated predicting $0.5M for this cycle, or rather supercycles, as the theory went, we now see the opposite.
I don't see it impossible for us to fall to $13k as things stand. What I do think is that if we drop to those levels we won't last long at those levels.
What is clear to me is that we will not beat $69k until the next cycle.
The possibility to freefall to $13k always there but not today.I don't see it impossible for us to fall to $13k as things stand. What I do think is that if we drop to those levels we won't last long at those levels.
What is clear to me is that we will not beat $69k until the next cycle.
We might stay a bit longer swinging from $20k to $21k now ... moving money from the impatient to the patient one and we will see later whether we are going bounce back to $40k or down deeper to $13k or even crazier lower.
Beating $69k might occured later in the next halving indeed.
In fact, by the end of this year prices will be below $1,000. I've proven it over and over using math and science.
Jump to: