Bitcoin is trading at $22k right now, and I've been told that I've seen the telegram channel,
twitter and some ideas from tradingview also all say $20k is still important support,
so it might be time to buy? because if indeed this price is a cheap price have you also bought it?
Topic: Bitcoin scenario crashing to $20.000 - $23.000 (Read 1132 times)
Bitcoin has now entered that price, and is now trading at $21K, briefly dropped below $21k and bounced,
and hopefully this price is the strongest support price, because if $20k breaks, maybe we will see $15k to make a new lower low
and hopefully this price is the strongest support price, because if $20k breaks, maybe we will see $15k to make a new lower low
^^ Just remember most of the time, as we can't predict the price movement, those TA gets invalidated as well. So it doesn't mean that we will get back to $17k as I believed that the bottom is in already. But we might go on another sideway pattern again, as we goes down to $21k, so it could be around $20k-$23k as what the OP have said months ago. I know, it doesn't make sense to go back to the movement again, but it is what it is, that's how bitcoin market work, it's hard to gauge the movement until we crossed the bridge.
Hello there,
I'm not the kind of guy who bothers about its price and any predictions that pop-up, because I haven't let the downtrend affect me. I'm planning to accumulate as much Bitcoin as I can and hold it for a long period. However, an article was trending on my news feed and decided to check it out. According to the article, Bitcoin was supposedly capable of avoiding inflation, although, it seems to have been severely affected by it. The change in risk appetite, the tightening of monetary policies and the withdrawal of liquidity from the markets and, finally, the rapid rise in inflation show that the cryptocurrency market has been severely impacted.
George Savakis, with the help of the analyst Dimitris Tsantoy, a member of Elliot Wave trader community, are predicting a correction down to $20.000 - $23.000, while claiming that as long as Bitcoin is below $35.000, it's extremely unlikely to see a market recovery.
Source: https://www.euro2day.gr/investments/crypto/article/2136805/h-tehnikh-analysh-deihnei-nea-ptosh-toy-bitcoin-to.html
Translated to English:
https://www-euro2day-gr.translate.goog/investments/crypto/article/2136805/h-tehnikh-analysh-deihnei-nea-ptosh-toy-bitcoin-to.html?_x_tr_sl=en&_x_tr_tl=el&_x_tr_hl=el&_x_tr_pto=wapp
What was stated by George Savakis who predicted a bitcoin price correction of up to $20k-$23k was true. Especially now that bitcoin is traded at a price range of $23k-$24k after a few months ago it fell to a price level of $17k. Therefore even though the bitcoin price is currently stuck in the $24k area, it still seems difficult to see a market recovery in the near term.I'm not the kind of guy who bothers about its price and any predictions that pop-up, because I haven't let the downtrend affect me. I'm planning to accumulate as much Bitcoin as I can and hold it for a long period. However, an article was trending on my news feed and decided to check it out. According to the article, Bitcoin was supposedly capable of avoiding inflation, although, it seems to have been severely affected by it. The change in risk appetite, the tightening of monetary policies and the withdrawal of liquidity from the markets and, finally, the rapid rise in inflation show that the cryptocurrency market has been severely impacted.
George Savakis, with the help of the analyst Dimitris Tsantoy, a member of Elliot Wave trader community, are predicting a correction down to $20.000 - $23.000, while claiming that as long as Bitcoin is below $35.000, it's extremely unlikely to see a market recovery.
Source: https://www.euro2day.gr/investments/crypto/article/2136805/h-tehnikh-analysh-deihnei-nea-ptosh-toy-bitcoin-to.html
Translated to English:
https://www-euro2day-gr.translate.goog/investments/crypto/article/2136805/h-tehnikh-analysh-deihnei-nea-ptosh-toy-bitcoin-to.html?_x_tr_sl=en&_x_tr_tl=el&_x_tr_hl=el&_x_tr_pto=wapp
Common sense should say that if something rises from 17 to 24, it can still get to 35 and more. Let us day that the first phase of his prediction has happened, let us wait for the second phase.
Hello there,
I'm not the kind of guy who bothers about its price and any predictions that pop-up, because I haven't let the downtrend affect me. I'm planning to accumulate as much Bitcoin as I can and hold it for a long period. However, an article was trending on my news feed and decided to check it out. According to the article, Bitcoin was supposedly capable of avoiding inflation, although, it seems to have been severely affected by it. The change in risk appetite, the tightening of monetary policies and the withdrawal of liquidity from the markets and, finally, the rapid rise in inflation show that the cryptocurrency market has been severely impacted.
George Savakis, with the help of the analyst Dimitris Tsantoy, a member of Elliot Wave trader community, are predicting a correction down to $20.000 - $23.000, while claiming that as long as Bitcoin is below $35.000, it's extremely unlikely to see a market recovery.
Source: https://www.euro2day.gr/investments/crypto/article/2136805/h-tehnikh-analysh-deihnei-nea-ptosh-toy-bitcoin-to.html
Translated to English:
https://www-euro2day-gr.translate.goog/investments/crypto/article/2136805/h-tehnikh-analysh-deihnei-nea-ptosh-toy-bitcoin-to.html?_x_tr_sl=en&_x_tr_tl=el&_x_tr_hl=el&_x_tr_pto=wapp
What was stated by George Savakis who predicted a bitcoin price correction of up to $20k-$23k was true. Especially now that bitcoin is traded at a price range of $23k-$24k after a few months ago it fell to a price level of $17k. Therefore even though the bitcoin price is currently stuck in the $24k area, it still seems difficult to see a market recovery in the near term. I'm not the kind of guy who bothers about its price and any predictions that pop-up, because I haven't let the downtrend affect me. I'm planning to accumulate as much Bitcoin as I can and hold it for a long period. However, an article was trending on my news feed and decided to check it out. According to the article, Bitcoin was supposedly capable of avoiding inflation, although, it seems to have been severely affected by it. The change in risk appetite, the tightening of monetary policies and the withdrawal of liquidity from the markets and, finally, the rapid rise in inflation show that the cryptocurrency market has been severely impacted.
George Savakis, with the help of the analyst Dimitris Tsantoy, a member of Elliot Wave trader community, are predicting a correction down to $20.000 - $23.000, while claiming that as long as Bitcoin is below $35.000, it's extremely unlikely to see a market recovery.
Source: https://www.euro2day.gr/investments/crypto/article/2136805/h-tehnikh-analysh-deihnei-nea-ptosh-toy-bitcoin-to.html
Translated to English:
https://www-euro2day-gr.translate.goog/investments/crypto/article/2136805/h-tehnikh-analysh-deihnei-nea-ptosh-toy-bitcoin-to.html?_x_tr_sl=en&_x_tr_tl=el&_x_tr_hl=el&_x_tr_pto=wapp
I also hope that the price of bitcoin will always be above $20k and not fall below $20k again, but anything is still possible in the crypto market, let alone the global macroeconomic situation that is still volatile. So, let's see and wait how far the price movement of bitcoin so far this year.
If for this whole year I'm sure the price of Bitcoin will not be below $20K again and even I am still very confident that the price of Bitcoin can exceed the price of $25K within this year or during this time of year. Although anything can still happen in the crypto market right now, but for the price of Bitcoin I think it will still stay at a better price.because the recession will have a positive effect on cryptocurrencies, just like during covid 19,
many people think bitcoin will not be bullish, but 2020, the bullish trend is very strong and makes altcoins and bitcoins reach new ATH
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I also hope that the price of bitcoin will always be above $20k and not fall below $20k again, but anything is still possible in the crypto market, let alone the global macroeconomic situation that is still volatile. So, let's see and wait how far the price movement of bitcoin so far this year.
If for this whole year I'm sure the price of Bitcoin will not be below $20K again and even I am still very confident that the price of Bitcoin can exceed the price of $25K within this year or during this time of year. Although anything can still happen in the crypto market right now, but for the price of Bitcoin I think it will still stay at a better price. 
Currently the price of bitcoin is experiencing a slight increase in price, where the price has returned to touch $23k after a few months ago the price of bitcoin fell to touch the level of $17k which resulted in the price of bitcoin experiencing sideways. Therefore, let's see if the current price still has the potential to bounce down like before, or whether it manages to rise up. Hopefully the market recovery will return as expected.
I believe the price of Bitcoin will always be above $20k until next year, and $18k is an all time low for the bear market this time, because according to technical analysis Bitcoin is really at the point of oversold, which means that many have sold Bitcoin when the price under $20k, well I hope this is true
Although the past few days are showing bright signs, the economic situation is still too volatile, once the war has not ended, a stable economy cannot be expected. I don't care how much bitcoin will fall, the more the price drops the more bitcoins I will collect because I am a long term investor, I can hold and wait longer than 2025 as everyone is expecting. But if the bear market lasts too long, it will also affect the market, many people leave and it is difficult to develop the crypto market.
I would agree that the war is still a noise in the background and it could affect every market not just crypto. And there is no way that this might end in the next couple of months or this year. So it will affect the mindset of investors, nevertheless the market will remain and try to go above the $20,000 market. That is the biggest test for us and it seems that we have gotten over it already for the last month or so. And hopefully it will sustain that price or even go to $26,000-$28,000 as this is going to be very critical as it can tell if we can go to $30,000 or more. That for me is the biggest barrier to be broken so that we will not see another lower lows for this year.
Currently the price of bitcoin is experiencing a slight increase in price, where the price has returned to touch $23k after a few months ago the price of bitcoin fell to touch the level of $17k which resulted in the price of bitcoin experiencing sideways. Therefore, let's see if the current price still has the potential to bounce down like before, or whether it manages to rise up. Hopefully the market recovery will return as expected.
I believe the price of Bitcoin will always be above $20k until next year, and $18k is an all time low for the bear market this time, because according to technical analysis Bitcoin is really at the point of oversold, which means that many have sold Bitcoin when the price under $20k, well I hope this is true
Although the past few days are showing bright signs, the economic situation is still too volatile, once the war has not ended, a stable economy cannot be expected. I don't care how much bitcoin will fall, the more the price drops the more bitcoins I will collect because I am a long term investor, I can hold and wait longer than 2025 as everyone is expecting. But if the bear market lasts too long, it will also affect the market, many people leave and it is difficult to develop the crypto market.
Currently the price of bitcoin is experiencing a slight increase in price, where the price has returned to touch $23k after a few months ago the price of bitcoin fell to touch the level of $17k which resulted in the price of bitcoin experiencing sideways. Therefore, let's see if the current price still has the potential to bounce down like before, or whether it manages to rise up. Hopefully the market recovery will return as expected.
I believe the price of Bitcoin will always be above $20k until next year, and $18k is an all time low for the bear market this time, because according to technical analysis Bitcoin is really at the point of oversold, which means that many have sold Bitcoin when the price under $20k, well I hope this is true
Although the past few days are showing bright signs, the economic situation is still too volatile, once the war has not ended, a stable economy cannot be expected. I don't care how much bitcoin will fall, the more the price drops the more bitcoins I will collect because I am a long term investor, I can hold and wait longer than 2025 as everyone is expecting. But if the bear market lasts too long, it will also affect the market, many people leave and it is difficult to develop the crypto market.
The price of cryptocurrency is not something somebody will rely on because I believe that the more we enter market or cryptocurrency the more the price is going on so they are for saying that bitcoin is getting to the endpoint I disagree with so many people because this one is something that increase or rise anytime we never feel. I believe that with the level of what we are experiencing now there is a certain change concerning cryptocurrency movement. But some people don't think that bitcoin is crashing and it will not get any value again because of a drop for higher concentration to lower concentration so right now I think is maintaining the concentration of higher.
Currently the price of bitcoin is experiencing a slight increase in price, where the price has returned to touch $23k after a few months ago the price of bitcoin fell to touch the level of $17k which resulted in the price of bitcoin experiencing sideways. Therefore, let's see if the current price still has the potential to bounce down like before, or whether it manages to rise up. Hopefully the market recovery will return as expected.
I believe the price of Bitcoin will always be above $20k until next year, and $18k is an all time low for the bear market this time, because according to technical analysis Bitcoin is really at the point of oversold, which means that many have sold Bitcoin when the price under $20k, well I hope this is true
The right prediction is because we are in the price range of $ 20k- $ 23k, but as an investor who wants to be successful, this is a good opportunity to buy, don't buy when the price of rising, but when red like now is a good opportunity to buy at a price inexpensive.
that's right!, today is the right time to buy Bitcoin at the price of $24k, because technically the price of Bitcoin has broken out and will go to $30k,
many channels have said, of course this will be a bullish signal for cryptocurrencies.
Definitely that will be a bullish signal, but still way below from what we reach in November of $69k. So there are still a lot of things that should happen from here up to the end of 2022 so at least get closer to $40k. That will be the goal, short term.
The right prediction is because we are in the price range of $ 20k- $ 23k, but as an investor who wants to be successful, this is a good opportunity to buy, don't buy when the price of rising, but when red like now is a good opportunity to buy at a price inexpensive.
that's right!, today is the right time to buy Bitcoin at the price of $24k, because technically the price of Bitcoin has broken out and will go to $30k,
many channels have said, of course this will be a bullish signal for cryptocurrencies.
The bitcoin price scenario to the $20k-$23k price level has occurred where the bitcoin price is currently trading in the $24k-$23k price range. Therefore, if bitcoin is stuck in the $20K resistance area, the bearish trend will continue and it is possible that the bitcoin price will fall back to the $19k price level.
We are stuck in the resistance level of $23k-$24k. And yes we are still in the bear market, and even if we hit like $40k, I would say that the bearish sentiments is still there and can't be discounted. Maybe some sort of comfort short term.
We can't tell if we will go below $20k, at least for now, I do think that we have hit the lower lows at $17,500. But still though, a good buying opportunity as the price is not really that high. We can go and continue with our DCA until you have enough in your wallet in this bear market.
Agree with most of your opinion, apart from being stuck between $23K and $24K that is (as of typing) no longer that case
Long-term price is still in a bear market, and it'll likely be the case not just to $40K, but $50K, even $60K. Unless a significant higher low is established before then, then any coming rally will merely be a dead cat bounce before establishing either a lower low or higher low (in the macro sense). But this is what many Bitcoiners can't get their head around in a bear market, that price can double from here relatively easily.
Personally I think the bottom is in now and $20K to $22K has become strong enough support to hold price, as long as we get a significant bounce to $40K to $50K levels prior to making a higher low many months later, possibly around $25K to $30K, but too early to tell for now. Just yesterday price was around a 4-year average, so it certainly still looks like a good buying opportunity long-term, nothing has changed there.
The bitcoin price scenario to the $20k-$23k price level has occurred where the bitcoin price is currently trading in the $24k-$23k price range. Therefore, if bitcoin is stuck in the $20K resistance area, the bearish trend will continue and it is possible that the bitcoin price will fall back to the $19k price level.
We are stuck in the resistance level of $23k-$24k. And yes we are still in the bear market, and even if we hit like $40k, I would say that the bearish sentiments is still there and can't be discounted. Maybe some sort of comfort short term.
We can't tell if we will go below $20k, at least for now, I do think that we have hit the lower lows at $17,500. But still though, a good buying opportunity as the price is not really that high. We can go and continue with our DCA until you have enough in your wallet in this bear market.
The bitcoin price scenario to the $20k-$23k price level has occurred where the bitcoin price is currently trading in the $24k-$23k price range. Therefore, if bitcoin is stuck in the $20K resistance area, the bearish trend will continue and it is possible that the bitcoin price will fall back to the $19k price level.
I believe the price of Bitcoin will always be above $20k until next year, and $18k is an all time low for the bear market this time,
because according to technical analysis Bitcoin is really at the point of oversold, which means that many have sold Bitcoin when the price under $20k, well I hope this is true
As for the lowest price on Bitcoin, that's definitely true. But for many who have sold Bitcoin when the price was below $20K, I don't think it's the right thing because until now there are still many people who hold Bitcoin and choose not to sell it, including when the price is below $20K. So I'm sure that next year the price of Bitcoin will be slightly different from this year's price which could even approach $30K again. because according to technical analysis Bitcoin is really at the point of oversold, which means that many have sold Bitcoin when the price under $20k, well I hope this is true
The right prediction is because we are in the price range of $ 20k- $ 23k, but as an investor who wants to be successful, this is a good opportunity to buy, don't buy when the price of rising, but when red like now is a good opportunity to buy at a price inexpensive.
If you happen to read the thread , it was created back in June when the price is still above that level , and OP is wrong because the price even dropped to 17 k things that he did not mentioned.But this thread should be closed because it was already happened and we need to have another prediction by now.
The price of bitcoin have reached $24200 in the last 24hrs. The week have started with a bullish move, and now slowly the market price of bitcoin have touched $23800. This is something common in the market. Now the price will try to create momentum around the range of $23k - $24k. Achieving this could push the price cross the barrier $25k. So, in the upcoming week there is more chances of $25k.
I think the barricade now is 25k , if this can be broken then maybe it is safe to assume that 30k will be the next target? 
Currently the price of bitcoin is experiencing a slight increase in price, where the price has returned to touch $23k after a few months ago the price of bitcoin fell to touch the level of $17k which resulted in the price of bitcoin experiencing sideways. Therefore, let's see if the current price still has the potential to bounce down like before, or whether it manages to rise up. Hopefully the market recovery will return as expected.
I believe the price of Bitcoin will always be above $20k until next year, and $18k is an all time low for the bear market this time, because according to technical analysis Bitcoin is really at the point of oversold, which means that many have sold Bitcoin when the price under $20k, well I hope this is true
and how can you assume that the price will constantly hold that 20k above? you will only feel the disappointment if that will be your outlook because market wasn't stable still .
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