Bitcoin to 13k. FORECAST | Bitcointalksearch.org

7788bitcoin

legendary

Activity: 2282

Merit: 1023

Quote from: zanezane on June 26, 2021, 11:25:54 PM

I wouldn't be shocked, quite the opposite because I have enough money in my bag to buy a lot of bitcoins when the institutional investors and whales try to screw over the retail investors. You just have to know their game and try your best to play in their game and you will be able to profit if you are lucky.

The institutional investors and the pandemic has messed the plans of many and you are not alone in this, i did not expect the market to rally this fast after the halving but the institutional investors changed that concept and we have seen huge rallies right after the halving and that too valuations we expected at a later time and the funny aspect is that everyone is crying when the market is consolidating above $30k as support Grin

.

Obito

sr. member

Activity: 1274

Merit: 293

Quote from: Coin_trader on June 19, 2021, 09:27:17 AM

Quote from: Obito on June 19, 2021, 08:41:16 AM

~

Being prepared is better than sorry but it will need a million dollars straight dump just to break all the support levels plus the whales that will buy back after they sold. This 13K might happened when death cross on long time frame happened while a series of FUD release at the same time meaning when there’s a planned major attack on Bitcoin consisting of institutional investors.

We don't know if someone is going to do that that's why I said to be prepared when something like this happens because as aI said earlier, you don't want to get caught off-guard when this happens.

zanezane

full member

Activity: 868

Merit: 150

★Bitvest.io★ Play Plinko or Invest!

Quote from: rhomelmabini on June 22, 2021, 08:59:26 AM

Don't be so shocked because this institutional money will try to squeeze the retail investors so that they can get those cheap bitcoins from them. I think so too that 13k was on extreme bearishness when this fall was due to China FUD again. Still, this is huge opportunity again to get cheap BTC as well from these noob investors.

I wouldn't be shocked, quite the opposite because I have enough money in my bag to buy a lot of bitcoins when the institutional investors and whales try to screw over the retail investors. You just have to know their game and try your best to play in their game and you will be able to profit if you are lucky.

Reatim

sr. member

Activity: 2828

Merit: 357

Eloncoin.org - Mars, here we come!

Quote from: Mpamaegbu on June 22, 2021, 08:50:36 AM

Quote from: guy_wonderful on June 08, 2021, 07:35:37 AM

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

While I agree with you that the crypto industry is a highly speculative one, I also think that $13k forecast is far to the extreme. It will really be shocking if Bitcoin gets to that abysmal level despite the influx of institutional money. I'm looking at the chart I'm sharing and thinking that could be a possible place for a rebound, taking the low of last month as support as indicated by that arrow close to the vertical blue line. The blue line is on the candle that dipped the deepest last month and that was at $29,563 on 19/05/21.

but with us having this market so far? https://coinmarketcap.com/currencies/bitcoin/

i think the price of Bitcoin will be keeping the 20k level for the whole 2nd quarter and i believe that until 3rd quarter.

the main problem here is that what we can have in the 4th quarter that will be the deciding season for the whole crypto world.

ene1980

hero member

Activity: 2002

Merit: 535

Quote from: rhomelmabini on June 22, 2021, 08:59:26 AM

Don't be so shocked because this institutional money will try to squeeze the retail investors so that they can get those cheap bitcoins from them. I think so too that 13k was on extreme bearishness when this fall was due to China FUD again. Still, this is huge opportunity again to get cheap BTC as well from these noob investors.

It is a good theory but these institutional investors were the sole reason the price rallied to $63k in a short period of time as they were purchasing huge amount of coins even when the price was crossing new boundaries and they could have played this game earlier to try and squeeze everyone out and enter at a lower rate Tongue

.

We can come up any theories which might give you inner happiness but we all know that it is not easy to predict when a market will move and the reason why it is moving until we hear about institutional investors investing so and so amount and if the market goes down we always come to a conclusion that is was due to FUD that the market is going down Grin

.

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: livingfree on June 18, 2021, 04:07:53 PM

Quote from: ILuckyGuyI on June 18, 2021, 02:44:03 PM

If the price doesn't go down below $30k in the summer, I think that there will be no way to see Bitcoin coming down that much. I assume that the price will start gathering up after the summer.

That is what I'm speculating alone.

Bitcoin won't see below $20k again if this trend continues. The support is around $28k and if it won't go there then that's a confidence that will be given to me.

But to see that it will go below $20k and near to $10k again, that's an ouch moment to us. Undecided

If we got to see those levels then it will be terrible for the confidence of retail investors, I like many others think those levels are finally behind us, if this is not the case and bitcoin touches those levels I think massive panic will take over the market, and while it will be a great opportunity to buy bitcoin cheap at the same time so many people will get out of the market with huge losses.

And most likely those people will never come back as they are not going to want to experiment with bitcoin ever again after such loss.

rhomelmabini

hero member

Activity: 2030

Merit: 578

No God or Kings, only BITCOIN.

Quote from: Mpamaegbu on June 22, 2021, 08:50:36 AM

It will really be shocking if Bitcoin gets to that abysmal level despite the influx of institutional money.

Don't be so shocked because this institutional money will try to squeeze the retail investors so that they can get those cheap bitcoins from them. I think so too that 13k was on extreme bearishness when this fall was due to China FUD again. Still, this is huge opportunity again to get cheap BTC as well from these noob investors.

Mpamaegbu

legendary

Activity: 2716

Merit: 1225

Once a man, twice a child!

Quote from: guy_wonderful on June 08, 2021, 07:35:37 AM

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

While I agree with you that the crypto industry is a highly speculative one, I also think that $13k forecast is far to the extreme. It will really be shocking if Bitcoin gets to that abysmal level despite the influx of institutional money. I'm looking at the chart I'm sharing and thinking that could be a possible place for a rebound, taking the low of last month as support as indicated by that arrow close to the vertical blue line. The blue line is on the candle that dipped the deepest last month and that was at $29,563 on 19/05/21.

Rajamuda

sr. member

Activity: 924

Merit: 255

Quote from: New.in.trading on June 21, 2021, 06:04:16 AM

I am only wearing shorts these days Cheesy

And BTCUSD is finally dropping again. I waited quite some time. Lets see if this daily candle can make a new low. Its about time...

it does look like it has decreased significantly, but I don't think it will go down much deeper, what is clear in my opinion.. this is a moment that some people can use to buy it

New.in.trading

member

Activity: 211

Merit: 20

I am only wearing shorts these days Cheesy

And BTCUSD is finally dropping again. I waited quite some time. Lets see if this daily candle can make a new low. Its about time...

sgbett

legendary

Activity: 2576

Merit: 1087

Quote from: livingfree on June 18, 2021, 04:07:53 PM

Quote from: ILuckyGuyI on June 18, 2021, 02:44:03 PM

If the price doesn't go down below $30k in the summer, I think that there will be no way to see Bitcoin coming down that much. I assume that the price will start gathering up after the summer.

That is what I'm speculating alone.

Bitcoin won't see below $20k again if this trend continues. The support is around $28k and if it won't go there then that's a confidence that will be given to me.

But to see that it will go below $20k and near to $10k again, that's an ouch moment to us. Undecided

Where are you seeing support at $28k?

bitzizzix

sr. member

Activity: 2366

Merit: 448

Enjoy 500% bonus + 70 FS

Quote from: GeorgeJohn on June 21, 2021, 02:28:42 AM

Quote from: guy_wonderful on June 08, 2021, 07:35:37 AM

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

The price of bitcoin is getting accelerating to 34k , which we know vividly that bitcoin price does not depends or relay on individual forecast, because all this predictions might fail if we actually follow them, because i come across of many threads where they predict bitcoin price and after which, it doesn't come to reality, since all this prediction usually fail, then i have to stand to the current price movement of cryptocurrency, no need to follow prediction, what we should have in mind is that what normally constributes to decrement of bitcoin is negative information and it really affects the market.

Currently the price of bitcoin has fallen again to 32k, and in my opinion the decline will not exceed 30k and if that happens there is a possibility that the decline will continue, it is true that predictions are not always correct and do not mean we rely on predictions because I personally am involved in bitcoin which I need just my belief in bitcoin.
because bitcoin has given me a lot of profit time and time again and i always learn from before that there will be times when bitcoin goes up and gives good profit.
indeed news about bitcoin greatly affects the movement of bitcoin and can also make many people make mistakes, they are afraid that their holdings will run out and become a weak hand which makes things worse.
for me what is happening to bitcoin is normal and will be abnormal for those who are new to bitcoin and also don't know bitcoin well.

GeorgeJohn

hero member

Activity: 1498

Merit: 711

Enjoy 500% bonus + 70 FS

Quote from: guy_wonderful on June 08, 2021, 07:35:37 AM

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

The price of bitcoin is getting accelerating to 34k , which we know vividly that bitcoin price does not depends or relay on individual forecast, because all this predictions might fail if we actually follow them, because i come across of many threads where they predict bitcoin price and after which, it doesn't come to reality, since all this prediction usually fail, then i have to stand to the current price movement of cryptocurrency, no need to follow prediction, what we should have in mind is that what normally constributes to decrement of bitcoin is negative information and it really affects the market.

Slow death

legendary

Activity: 3164

Merit: 1127

Leading Crypto Sports Betting & Casino Platform

bitcoin current price: $35000

and why are we worried about $12000? I think we have no reason to believe that the price would drop so low as to reach $12000. We currently have a lot of demand, we currently have more exposure compared to 1 year ago, currently we have more adoption compared to 1 year ago, is it possible for the price to drop? yes it is possible, but we would not see the price drop as low as below $25000

Quote from: Oasisman on June 19, 2021, 04:53:40 PM

Or it could be Bitcoin has it's bearish run already at $30,000 level as a bottom price and $20,000 is the absolute bottom considering the number of institutions coming in to crypto market. $13,000 is still possible in the next 4 months, but judging at the current price actions it doesn't seem like Bitcoin is going near below $30,000 level.
Nobody knows, we are all speculating anyway.

definitely reaching $13,000 is impossible, I honestly think it's impossible for us to go back and see the price drop to $13,000.

Oasisman

hero member

Activity: 2716

Merit: 552

Quote from: serjent05 on June 19, 2021, 01:18:21 PM

Quote from: guy_wonderful on June 08, 2021, 07:35:37 AM

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

I think it needs more time for that. Bitcoin may not fall below $20k for the next 4 months. Maybe for another 2 years (2023) or probably the last quarter of 2022. The remnant of Bullish Bitcoin is still there, and probably it will record another all-time high before the market goes to bear season.

Or it could be Bitcoin has it's bearish run already at $30,000 level as a bottom price and $20,000 is the absolute bottom considering the number of institutions coming in to crypto market. $13,000 is still possible in the next 4 months, but judging at the current price actions it doesn't seem like Bitcoin is going near below $30,000 level.
Nobody knows, we are all speculating anyway.

mirakal

legendary

Activity: 3108

Merit: 1290

Leading Crypto Sports Betting & Casino Platform

Quote from: serjent05 on June 19, 2021, 01:18:21 PM

Quote from: guy_wonderful on June 08, 2021, 07:35:37 AM

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

I think it needs more time for that. Bitcoin may not fall below $20k for the next 4 months. Maybe for another 2 years (2023) or probably the last quarter of 2022. The remnant of Bullish Bitcoin is still there, and probably it will record another all-time high before the market goes to bear season.

It could fall if the trend is bearish, look! if bitcoin falls below $30k, that would be the start of another panic, and as fast as we witnessed a pump in the past few months, we could also see a fast dump that is not new to the market. Well, we maybe have a different predictions on the price in the future, but all the possibilities should be taken into consideration.

ene1980

hero member

Activity: 2002

Merit: 535

Quote from: johnwest on June 19, 2021, 12:59:33 PM

As many of the members have speculated here, the 30k$ support is crucial as well as psychologically important. If that breaks then it will be a Dejavu situation for some holders and they are probably going to sell in order to get back in when there is a bottom. In my opinion, I don't think that BTC will break that support. The feeling is strong with Bulls and we might see a run sooner or later.

It is always risky to sell off the coins and think about entering at a later time unless we are in a complete bear market. Right now we are having good support at $30k and hopefully it will be like that for a long time and for over a month we are trying to break the resistance at $40k and if the market is like this for a while and if there is no major sell off then the market will attempt to touch the all time high valuation before the major correction.

serjent05

legendary

Activity: 3010

Merit: 1280

Get $2100 deposit bonuses & 60 FS

Quote from: guy_wonderful on June 08, 2021, 07:35:37 AM

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

I think it needs more time for that. Bitcoin may not fall below $20k for the next 4 months. Maybe for another 2 years (2023) or probably the last quarter of 2022. The remnant of Bullish Bitcoin is still there, and probably it will record another all-time high before the market goes to bear season.

johnwest

hero member

Activity: 1106

Merit: 503

BabelFish - FISH Token Sale at Sovryn

As many of the members have speculated here, the 30k$ support is crucial as well as psychologically important. If that breaks then it will be a Dejavu situation for some holders and they are probably going to sell in order to get back in when there is a bottom. In my opinion, I don't think that BTC will break that support. The feeling is strong with Bulls and we might see a run sooner or later.

newdevices

full member

Activity: 1048

Merit: 102

$13000? it seems like a dream, for now, I don't know if this is bearish then there will be a chance to buy bitcoin again under $20k,
yes it's just speculation, but it's still a dream, and I think bitcoin is still bullish so don't be too eager to buy at a lower price from $20k,
you will go crazy later if not touch the price.

iv4n

legendary

Activity: 3248

Merit: 1179

Quote from: Coin_trader on June 19, 2021, 09:27:17 AM

Quote from: Obito on June 19, 2021, 08:41:16 AM

Quote from: ?? on ??

It is a very optimistic prediction for you that you think it will come down to 13k. I say "optimistic" because I suppose that you want to buy from even lower levels than this. However, I don't see this happening soon.

Have to be really careful and be ready though because if it happens, you don't want to be left unprepared for it, remember that people panic because they aren't ready for something. 13k is still a lot of number for the bitcoin prices but if it ever comes, I just hope that I have a lot of money to buy bitcoin.

Being prepared is better than sorry but it will need a million dollars straight dump just to break all the support levels plus the whales that will buy back after they sold. This 13K might happened when death cross on long time frame happened while a series of FUD release at the same time meaning when there’s a planned major attack on Bitcoin consisting of institutional investors.

Theoretically, anything is possible... Coin_trader gave us one possible way things can go...

Will be interesting to see the next bottom! Like many others here, I find Bitcoin at $13k prediction pretty extreme... I see new bottom around $20k, again one more thing that most of us agree with... But in the end, Bitcoin surprised me, and I believe many others, with some sudden move many times. That can happen again, and it will happen again, most likely!

I think $20k will be a great price for buying Bitcoin, at least for us who sold at +$40k, +$50k, and +$60k... but we will see what will the market say in the next period!

Coin_trader

copper member

Activity: 2800

Merit: 1179

Leading Crypto Sports Betting & Casino Platform

Quote from: Obito on June 19, 2021, 08:41:16 AM

Quote from: ?? on ??

It is a very optimistic prediction for you that you think it will come down to 13k. I say "optimistic" because I suppose that you want to buy from even lower levels than this. However, I don't see this happening soon.

Have to be really careful and be ready though because if it happens, you don't want to be left unprepared for it, remember that people panic because they aren't ready for something. 13k is still a lot of number for the bitcoin prices but if it ever comes, I just hope that I have a lot of money to buy bitcoin.

Being prepared is better than sorry but it will need a million dollars straight dump just to break all the support levels plus the whales that will buy back after they sold. This 13K might happened when death cross on long time frame happened while a series of FUD release at the same time meaning when there’s a planned major attack on Bitcoin consisting of institutional investors.

Ararbermas

sr. member

Activity: 2016

Merit: 283

Quote from: guy_wonderful on June 08, 2021, 07:35:37 AM

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

probably you're not sure if its possible to fall back on your target price, since you don't have time to make analysis like what you said, wherein unless if you're a true fortune teller or something.. Lol
Because you know in my opinion if it's possible to happen maybe it already made during the drastic decline, and so how about now that its near 40k again at this moment, just imagine if there's still a potential.
For me one thing is for sure mate when it keep increasing more,, wherein you need to set another target.. Grin

Obito

sr. member

Activity: 1274

Merit: 293

Quote from: ?? on ??

It is a very optimistic prediction for you that you think it will come down to 13k. I say "optimistic" because I suppose that you want to buy from even lower levels than this. However, I don't see this happening soon.

Have to be really careful and be ready though because if it happens, you don't want to be left unprepared for it, remember that people panic because they aren't ready for something. 13k is still a lot of number for the bitcoin prices but if it ever comes, I just hope that I have a lot of money to buy bitcoin.

buwaytress

legendary

Activity: 2968

Merit: 3684

Join the world-leading crypto sportsbook NOW!

Quote from: adaseb on June 18, 2021, 11:37:00 PM

If the OP is really serious he should make an account on Deribit and buy the Dec 31 2021 $16000 PUT option. Currently this option costs 0.03BTC. around $1100. So if BTC goes to $12K anytime before the end of the year, that option will be worth at least $4000, most likely much higher due to the premium. So unless BTC is $12K on Dec 31 2021, it will be worth maybe $5-6K.

So with a $1100 investment the OP can easily 5-6x his money. And even if he is wrong and it goes to like $19K, he will still most likely double or triple his money. He can also buy the Sept 24 2021 $16000 Put for only $400 currently. So if it goes to $12K before Sept 24th, that option will be worth at least $4K so he will 10x his money.

Gotta confess I don't know much about options trading so this does sound like a good risk to reward ratio if your numbers work out. Definitely makes sense for these bear predictors and shorters to show off their put options. But since none, not even resident bear proudhon, do that, we all know it's not money where the mouth is, or that it's further reverse attempt FUD.

Just suddenly realise now this is probably why there's a lot of options demand from miners and such. Seems like a good hedge for such a small outlay. Always thought price had to hit for them on options.

Oilacris

hero member

Activity: 2996

Merit: 609

Quote from: JohnBitCo on June 19, 2021, 12:31:24 AM

Quote from: guy_wonderful on June 08, 2021, 07:35:37 AM

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

I did not see your previous analysis but when you say bitcoin to 12,400$, you should write a proper analysis to this and / or technical analysis supporting this. Bitcoin will not go below previous all time high (19,800$). If this happens, it will be very bad for the bitcoin and also for the holders.

Is this something new on looking or seeing these kind of low price prediction do came out from nowhere came from some people telling about it?

Dont know on how they do make out or draw out those levels and what are the basis and solid indications that we would be heading there since no one can predict the future.

If this thing actually happens then i would really be selling out some of my assets on buying out cheap Bitcoin on that time but i do hardly believe
that we wont really be going that low ever again but who knows right?

Hughes_Ryan

member

Activity: 364

Merit: 10

Well, quite a lot of fun with margin and prediction. In my opinion, Taproot in the long run is advantageous for bitcoin holders, including the short sale last week of $30k, many good scenarios have played out, and I think the market has reacted well to that. both Elon, Tesla are accepting bitcoin again, El Salvado makes history. And it will be more. After the covid 19 vaccine is released, economic normalcy will be the last response. so i think bitcoin will stay at 20k-30k for this Q2.

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

Quote from: bittraffic on June 19, 2021, 12:44:22 AM

Quote from: crzy on June 10, 2021, 03:57:42 AM

Quote from: guy_wonderful on June 08, 2021, 07:35:37 AM

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

There's a lot of good things happening in the market right now and Bitcoin price is reacting to that, if we are able to break resistances again I can say that this forecast is not valid. I don't think Bitcoin will ever reach the price of below $20k again, well this is just my forecast as well since everyone can post their prediction, only Bitcoin and time can tell so let's see in the coming months the next trend of the market.

$13k is very low. But I guess OP had also compared the numbers to its previous ATL in 2018.

I'm hoping for the same price movement and that BTC will continue to break out that $40k after a week or two. Although there had been so much news flying around where we speculate price to go up, I hope it really will. It's still holding on to the support so I will also be holding the rest of my coins.

I only hope that is speculation from @OP and will not happen because the bitcoin price has reached a good price so far, although the price is now down to $35k-$38k.
I am sure the price will increase step by step, even if the price now seems difficult to rise higher.
As long as the price can still move from low to high, and we can make a profit, that will be okay for us because someday, the price will start another rally, and the price will break $40k.
But if somehow, the price really down below $30k, I hope that will not go down to below $20k or $13k because that can make a mass panic from people.

bittraffic

hero member

Activity: 3038

Merit: 617

Quote from: crzy on June 10, 2021, 03:57:42 AM

Quote from: guy_wonderful on June 08, 2021, 07:35:37 AM

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

There's a lot of good things happening in the market right now and Bitcoin price is reacting to that, if we are able to break resistances again I can say that this forecast is not valid. I don't think Bitcoin will ever reach the price of below $20k again, well this is just my forecast as well since everyone can post their prediction, only Bitcoin and time can tell so let's see in the coming months the next trend of the market.

$13k is very low. But I guess OP had also compared the numbers to its previous ATL in 2018.

I'm hoping for the same price movement and that BTC will continue to break out that $40k after a week or two. Although there had been so much news flying around where we speculate price to go up, I hope it really will. It's still holding on to the support so I will also be holding the rest of my coins.

JohnBitCo

sr. member

Activity: 2030

Merit: 356

Quote from: guy_wonderful on June 08, 2021, 07:35:37 AM

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

I did not see your previous analysis but when you say bitcoin to 12,400$, you should write a proper analysis to this and / or technical analysis supporting this. Bitcoin will not go below previous all time high (19,800$). If this happens, it will be very bad for the bitcoin and also for the holders.

adaseb

legendary

Activity: 3808

Merit: 1723

If the OP is really serious he should make an account on Deribit and buy the Dec 31 2021 $16000 PUT option. Currently this option costs 0.03BTC. around $1100. So if BTC goes to $12K anytime before the end of the year, that option will be worth at least $4000, most likely much higher due to the premium. So unless BTC is $12K on Dec 31 2021, it will be worth maybe $5-6K.

So with a $1100 investment the OP can easily 5-6x his money. And even if he is wrong and it goes to like $19K, he will still most likely double or triple his money. He can also buy the Sept 24 2021 $16000 Put for only $400 currently. So if it goes to $12K before Sept 24th, that option will be worth at least $4K so he will 10x his money.

Lorence.xD

sr. member

Activity: 1624

Merit: 315

Leading Crypto Sports Betting & Casino Platform

Quote from: ziyaaa on June 18, 2021, 06:40:46 PM

It is a really brave prediction that I should say. Grin

Because I don't think that there are many people who are expecting the price to decline to even $20k. If this happens, it will be a big shock for nearly everyone.

That depends if you expect it at the back of your mind, I am pretty sure that it won't come as a shock to you since you have at some degree expected it. To be honest, if bitcoin were to go to that point, I am sure that I will be celebrating this because I plan to buy bitcoin when I have the money.

CaVO32

full member

Activity: 1848

Merit: 158

Quote from: ziyaaa on June 18, 2021, 06:40:46 PM

It is a really brave prediction that I should say. Grin

Because I don't think that there are many people who are expecting the price to decline to even $20k. If this happens, it will be a big shock for nearly everyone.

I agree, if bitcoin will go down to even $20k, a lot of fud will be seen in the market, let alone reaching to 13k. Right now, it seems btc is holding strong above 30k. And I think, it may stay that way for quite some time. Let's go back here after 4 months as what the OP is targetting. But I highly doubt that we will go down below 20k. We already surpassed that period. And now as many entities are involved, this is the reason why btc is managing above 30k.

STT

legendary

Activity: 4102

Merit: 1454

Failure to break out of range upwards suggestions we can once again test the lower boundaries to this recent lower range for BTC pricing for the 2021 trend.

In summary its mostly been sideways while tracking between these two extremes during the last month, a really good trade comes from anticipating some new trend on any timescale but for the moment we are consolidating at best. Its also possible to speculate this failure to recover higher prices could lead further down but I dont see thats a foregone conclusion just yet.

ziyaaa

member

Activity: 532

Merit: 18

It is a really brave prediction that I should say. Grin

Because I don't think that there are many people who are expecting the price to decline to even $20k. If this happens, it will be a big shock for nearly everyone.

Hippocrypto

sr. member

Activity: 1484

Merit: 277

Quote from: guy_wonderful on June 08, 2021, 07:35:37 AM

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

If that forecasted price would break so much, I think that's really a big loss for those who bought btc from huge amount. No one knows what the future may bring for all of us now, we should be remain stronger on our faith that the bear market won't that too long, because not just btc suffered a lot but also the altcoins.

livingfree

hero member

Activity: 2884

Merit: 579

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: ILuckyGuyI on June 18, 2021, 02:44:03 PM

If the price doesn't go down below $30k in the summer, I think that there will be no way to see Bitcoin coming down that much. I assume that the price will start gathering up after the summer.

That is what I'm speculating alone.

Bitcoin won't see below $20k again if this trend continues. The support is around $28k and if it won't go there then that's a confidence that will be given to me.

But to see that it will go below $20k and near to $10k again, that's an ouch moment to us. Undecided

Woodie

hero member

Activity: 1834

Merit: 879

Rollbit.com ⚔️Crypto Futures

For an asset that is driven by speculation market can be driven in any direction and at the moment we have to deal with the Chinese bans which seem to take much of the weight once we over come this we going back up not down...we have been on a down trend for a long time we need a break 😀.

ILuckyGuyI

hero member

Activity: 2030

Merit: 402

If the price doesn't go down below $30k in the summer, I think that there will be no way to see Bitcoin coming down that much. I assume that the price will start gathering up after the summer.

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: pooya87 on June 14, 2021, 11:15:26 PM

Quote from: guy_wonderful on June 14, 2021, 06:17:34 AM

SUPER TRADE.

SELL NOW AT 39331
STOP LOSS SO LOW AS AT 40174

WE where newer selling so much as like This one Time. SHORT, SELL

Have a nice day.

It seems like someone lost a ton of money price went from $30800 (start of this topic) to $41050 (the quoted comment). Let it be a good lesson to those who start going against the market after a certain trend (in this case drop) is already over. Cry

It seems to me that he is still shorting bitcoin something we know is incredibly dangerous as the price can go up extremely quickly, and while it seems he is using a stop loss we know that there is a lot of slippage when the market is hot.

I find interesting that people short the market as according to my research it is almost impossible to obtain profits with it due to the price of bitcoin mostly going up, the speed at which the crash happens and the slippage which does not allows you to get in at your desired price.

New.in.trading

member

Activity: 211

Merit: 20

Quote from: guy_wonderful on June 08, 2021, 07:35:37 AM

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

I really hope you are trading better, then your BtcUsd posting is Cheesy

Nothing wrong with the target, I hope it wont happen (for my hodls) but a huge correction is always possible in BTC and we have seen it over the years again and again and again and still ppl think that prcie could not correct around 90% now... I do think it can, still I hope it doesent. But...
"No stops as I have no time to make necessary analysis" Really? I rally hope you have at least a level where you would cut your losses...

magneto

hero member

Activity: 1666

Merit: 753

What is the time horizon of this call?

With all the concern regarding inflation, people will want to get their hands on an asset that is completely out of the fiat ecosystem.

BTC fits this bill perfectly and has far more upside potential than gold.

I think that all the signs are here to suggest that BTC will continue to move around the $30-40k corridor for the foreseeable future. A sub-$20k BTC is very unlikely and looks quite absurd right now.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: guy_wonderful on June 14, 2021, 06:17:34 AM

SUPER TRADE.

SELL NOW AT 39331
STOP LOSS SO LOW AS AT 40174

WE where newer selling so much as like This one Time. SHORT, SELL

Have a nice day.

It seems like someone lost a ton of money price went from $30800 (start of this topic) to $41050 (the quoted comment). Let it be a good lesson to those who start going against the market after a certain trend (in this case drop) is already over. Cry

adaseb

legendary

Activity: 3808

Merit: 1723

Quote from: guy_wonderful on June 14, 2021, 06:17:34 AM

SUPER TRADE.

SELL NOW AT 39331
STOP LOSS SO LOW AS AT 40174

WE where newer selling so much as like This one Time. SHORT, SELL

Have a nice day.

Setting stop at $40174 doesn't really make much sense. The $40K isnt resistance, the resistance is more like $42K. $42K Was the ATH a few months ago, then we broke it and we went to like $43K on a dip. Then when we broke all the way down to $30K we got rejected at $42-$43K or so. So the smart play would be to put your stop near those areas because if it breaks $42K then most likely the next resistance will be closer to $50K and you don't want your position underwater this much.

I think the reason why this trade didn't work is because the stop was way too tight. So great R:R however you can get easily stopped out like you did. Better to wait for confirmation first before guessing where this train is going to stop.

STT

legendary

Activity: 4102

Merit: 1454

BTC this low is near a 200 day average, thats the simplest take but also we have to resolve why should crypto pricing reduce so low with a fairly large amount of investment placed in it and also a dollar base leaking value from inflation constantly. If crypto is growing, it has a utility and usage and if improving in efficiency then I dont expect 13k to be a normal event but only as an extreme will it occur which makes it a good trade to take same as the 65k high was a trade to sell, this low if occurring is an opportunity to buy and I hope I realize this chance.
I've put this big low idea on my radar as a scenario, I dont know it occurs but I totally want to be ready if it does so I can trade it actively without too much fear or apprehension. Just from experience I know its easy to make mistakes so my ideal is to be ready for everything and able to put it to my advantage if I can by knowing how we might react at this time beforehand.

guy_wonderful

hero member

Activity: 966

Merit: 501

Working 24 hours a day isn't enough anymore.

SUPER TRADE.

SELL NOW AT 39331
STOP LOSS SO LOW AS AT 40174

WE where newer selling so much as like This one Time. SHORT, SELL

Have a nice day.

adaseb

legendary

Activity: 3808

Merit: 1723

Well you need to just accept the fact that it doesn’t mean it will happen but it’s possible. We were pretty bullish at $60K last month and all it took was 2 tweets from Musk to send us to $30K a few days later.

So keep in mind that there is a lot of panic which can cause us to quickly go down to $15K and stay there. This is similar to what happened in 2017 and people were saying that $10k or lower wasn’t possible and look what happened. We even went below $5k. Was a perfect buying opportunity.

maydna

hero member

Activity: 2912

Merit: 556

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Although it is hard to believe if bitcoin will drop to $13k, that still possible to happen, but I hope that will not happen soon. Bitcoin price is up and down at $36k-$37k from yesterday, and that can give more chances for the price to break $38k soon, and perhaps, that could happen in the next week. But if the price gets a flash dump to $33k or lower price, it can make panic and perhaps, the fast-selling will happen because people will think that the worst scenario is on the way to happen.

Coin_trader

copper member

Activity: 2800

Merit: 1179

Leading Crypto Sports Betting & Casino Platform

Quote from: wxa7115 on June 10, 2021, 12:44:03 PM

Quote from: guy_wonderful on June 08, 2021, 07:35:37 AM

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

Anyone can forecast whatever price they want, but I do not see bitcoin falling an additional 66% from its current price of 36k it is simply too much, maybe the price could go lower than 30k but the moment that happens we are going to see a bunch of people buying the dip.

With that in mind I think the buying pressure will be simply too high to the point it will be impossible to remain below 30k for long, let alone get to your predicted level of 12400.

Dipping below 30K will give selling pressure and more strong when it dip lower since fear is really strong by that time. This scenario can only happen once institutional investor decided to sell-off there holdings. They are the one who drive the price up and they are the only one too that can do the opposite.

adaseb

legendary

Activity: 3808

Merit: 1723

I haven't clicked the link to find out why he chose $13K, seems like an arbitrary number actually. I mean I would understand $20K or $15K but $13K just seems off. However if you go to tradingview and put in "BLX" which is the Bitcoin daily or weekly price index going back to like 2010, and you add a 200 weekly moving average. You will see that its currently at $13K.

Why is this important? Well because this moving average has actually bounced off 4 times in the past. We was the bottom of many bear markets including the 2015, 2018 and Covid crash.

So I get the $13K however the $13K increases every week. So in a few months it can be at $15K.

BlackHatCoiner

legendary

Activity: 1512

Merit: 7340

Farewell, Leo

Not that I'll dislike such drop, but can you explain me how will that happen in 4 months? What's your analysis that made you believe that the $12,400 is a probable target in September which is by the way the month that Bitcoin makes its high-peaks after halvings. I personally believe that the 6-digits are waiting for us at the beach.

My forecast is that it'll reach $2XX,XXX, but it'll then drop to $8X,XXX. It's my best guess by far.

Quote from: NeuroticFish on June 10, 2021, 02:20:49 AM

In December 2017 OP has predicted BTC get to "70k-160k" by end of 2018.

Quote from: NeuroticFish on June 10, 2021, 02:20:49 AM

I won't even question if the account has changed hands after the 2 years of being offline. It doesn't matter. I can forecast 90k Bitcoin for the same period and, although I myself find my prediction exaggerated, it still makes more sense than OPs 13k. Of course, I expect that both of us is wrong.

LOL & LOL!

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: guy_wonderful on June 08, 2021, 07:35:37 AM

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

Anyone can forecast whatever price they want, but I do not see bitcoin falling an additional 66% from its current price of 36k it is simply too much, maybe the price could go lower than 30k but the moment that happens we are going to see a bunch of people buying the dip.

With that in mind I think the buying pressure will be simply too high to the point it will be impossible to remain below 30k for long, let alone get to your predicted level of 12400.

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

Many people will be happy to see the bitcoin price down to $13k, but many people will panic when the price starts to jump down because they will not ready to see that moment.
Hopefully, the price will not go down below $30k and stay at that price, but if the price really drops to that price, I hope that is just a flash dump so the price will start to increase.
From this moment, there will be many speculations about bitcoin price and if you are not analyzing, you can get the wrong direction and maybe you will make a mistake in analysis.
I can only suggest being careful in the analysis since this moment is really unpredictable.

slaman29

legendary

Activity: 2674

Merit: 1226

Livecasino, 20% cashback, no fuss payouts.

Quote from: guy_wonderful on June 08, 2021, 07:35:37 AM

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

No stops? So what is the price before you go bust then? I mean if you're using leverage even at 10% then you're going to be pretty much doomed these 4 months I feel. December either back to old ATH or at least a 50k attempt once to burn you out. Good luck, nevertheless. Some people have too much money lying around:P

Smitty Werben Man Jensen

full member

Activity: 1568

Merit: 100

COMBONetwork

Quote from: Reatim on June 10, 2021, 05:29:09 AM

Quote from: guy_wonderful on June 08, 2021, 07:35:37 AM

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

The strong hold is 30k level and this does not been broken yet, though recently it almost down to below 30 though it recovered and now looking at the trend? bitcoin is seemingly to break 40,000 level again.
lucky that my signature payment stays on my wallet and now that the value increase, i may try to shift holding Ethereum or Ripple instead of BTC for a while or this year alone.

bitcoin has dumped three times at the 30k to 31k level, and the result is that Bitcoin is very strong in that area,
of course this is a good sign for a bullish signal going forward, these three bottoms can support the price of Bitcoin,
although there is a lot of bad news about bitcoin, but the news it's also good to beautify the days in the crypto world,

Reatim

sr. member

Activity: 2828

Merit: 357

Eloncoin.org - Mars, here we come!

Quote from: guy_wonderful on June 08, 2021, 07:35:37 AM

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

The strong hold is 30k level and this does not been broken yet, though recently it almost down to below 30 though it recovered and now looking at the trend? bitcoin is seemingly to break 40,000 level again.
lucky that my signature payment stays on my wallet and now that the value increase, i may try to shift holding Ethereum or Ripple instead of BTC for a while or this year alone.

coin-investor

hero member

Activity: 3024

Merit: 614

Leading Crypto Sports Betting & Casino Platform

Quote from: guy_wonderful on June 08, 2021, 07:35:37 AM

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

You are good at making analysis based on your past analysis but this current situation needs a deep analysis on why you came up with $12400, it's almost like a crash from as high as $55k just last month, I doubt that $12400 level but everyone here can come up with analysis but its' better to give us an explanation on what tool and computation you are using, I can accept if you tell us that you are a gypsy using a Crystal ball.

UnDerDoG81

legendary

Activity: 2179

Merit: 1201

Even the taxi driver talks about the Wyckoff and 20k Bitcoin now. Just as everybody was sure about 100k, now everybody seems sure about 10k or 20k. Expect the unexpected.

Kong Hey Pakboy

member

Activity: 1120

Merit: 68

I guess I'll have to save a lot of money if that was to happen because that is another golden opportunity to buy bitcoin and hodl for a really long time and profit a lot from it when the time comes, I just hope that my signature campaign will adapt it's pay when the prices has gone down that point.

passwordnow

hero member

Activity: 3136

Merit: 591

Leading Crypto Sports Betting & Casino Platform

That's okay if your forecast is too low and everyone is free to do so. My forecast is if bitcoin will be too low, the lowest will be $20k. That's just another opinion of mine but I don't think that we'll low of under $20k. No matter how low bitcoin will be with your forecast or with mine or any others. As long as I'm looking forward to the future of it, that's what matters and I'm sure that bitcoin will be going back again to become bullish although in reality, bitcoin's still bullish for me.

crzy

full member

Activity: 2128

Merit: 180

Quote from: guy_wonderful on June 08, 2021, 07:35:37 AM

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

There's a lot of good things happening in the market right now and Bitcoin price is reacting to that, if we are able to break resistances again I can say that this forecast is not valid. I don't think Bitcoin will ever reach the price of below $20k again, well this is just my forecast as well since everyone can post their prediction, only Bitcoin and time can tell so let's see in the coming months the next trend of the market.

NeuroticFish

legendary

Activity: 3668

Merit: 6382

Looking for campaign manager? Contact icopress!

In December 2017 OP has predicted BTC get to "70k-160k" by end of 2018.
What I mean is:
1. OP may be right sometimes, but he's also wrong sometimes.
2. OP may only extrapolate the short term trend, which may be misleading.
3. OP "prediction list" seems to conveniently "forget" predictions here and there; and this doesn't help with his credibility.

I won't even question if the account has changed hands after the 2 years of being offline. It doesn't matter. I can forecast 90k Bitcoin for the same period and, although I myself find my prediction exaggerated, it still makes more sense than OPs 13k. Of course, I expect that both of us is wrong.

Poker Player

legendary

Activity: 1372

Merit: 2017

The OP and proudhon have big mouths. Their attempts to create FUD would look much better if they posted proof of their trades. So that we see that they put money where they put their mouths. But no, they are not going to do that because they would look even more ridiculous.

adaseb

legendary

Activity: 3808

Merit: 1723

Being here since 2013 and lived thru 2 different bear markets I can tell you this. The bottom will be when you least expect it to be. It will most likely be trading somewhere for months and many people will give up on bitcoin and that will be the bottom.

I remember in 2015 and 2019 people kept asking me "Is bitcoin still a thing? and that is when its the perfect time to buy. Whether its at $20K or $13K or $8K. Most likely it won't be the low price that will shake out most people it will be the timeframe. Most people won't want to wait a year or so for bitcoin to bottom and they will just go and buy stocks instead like GME or AMC.

BigBos

sr. member

Activity: 1974

Merit: 450

although it looks quite a lot, but it's possible. if the range is waited for 4 months, and FUD occurs, then the potential can reach that price. however, I also think that it's a huge drop. however, I still have speculation that IF there is a decline, then the vulnerability is below $30k, and above $25k. however, I'm pretty sure the price will go up by the end of this year.

ice18

hero member

Activity: 2492

Merit: 542

Really? thats is like -81% from ATH this year lol I doubt btc price can go at this level its worrying its totally a crash most holders will panicked if this happens and start a bear market 20k has really huge support to break its not that easy bull will fight in this area of support Im also willing to sell some of my alts if btc can go at 20k its a good opportunity to buy.

bittraffic

hero member

Activity: 3038

Merit: 617

Quote from: GreatArkansas on June 09, 2021, 07:56:42 PM

Quote from: nurilham on June 09, 2021, 06:58:37 PM

Quote from: hugeblack on June 08, 2021, 01:16:58 PM

Predicting levels like 13,000 is too extreme and wouldn't be normal.

Yep, it is too extreme. Predicting is okay, but it must make sense. (...)

Predicting without any basis or analysis is totally bullsh!t, especially we are talking huge numbers here, a huge percentage of price change. It is extremely non sense at all if you predict without supporting explanations or analysis.

Speaking of $13,000. It is really possible, probably if we will see again a huge FUD, it could be easily reached in just short period of time.

Its already going up. I still doubtful about the price going to sink that low anymore now that there are countries seeing BTC be their money like El Salvador. I'm sure more countries will also going to declare the same thing. It's sure it's not just BTC that they are going to use of course. There are more cryptocurrencies so once BTC is exposed to someone, all the rest of the crypto coins are also going to be examined by these people.

Its already $37K, we might just be going back to the bull market again.

GreatArkansas

legendary

Activity: 2506

Merit: 1394

Quote from: nurilham on June 09, 2021, 06:58:37 PM

Quote from: hugeblack on June 08, 2021, 01:16:58 PM

Predicting levels like 13,000 is too extreme and wouldn't be normal.

Yep, it is too extreme. Predicting is okay, but it must make sense. (...)

Predicting without any basis or analysis is totally bullsh!t, especially we are talking huge numbers here, a huge percentage of price change. It is extremely non sense at all if you predict without supporting explanations or analysis.

Speaking of $13,000. It is really possible, probably if we will see again a huge FUD, it could be easily reached in just short period of time.

nurilham

sr. member

Activity: 1498

Merit: 443

Quote from: hugeblack on June 08, 2021, 01:16:58 PM

Predicting levels like 13,000 is too extreme and wouldn't be normal.

Yep, it is too extreme. Predicting is okay, but it must make sense. The current Bitcoin is already increasing again about $37k after decreasing about $32k today. With the current pattern in Bitcoin price move, I don't see the chance for Bitcoin price to drop to $13k. I admit big bad news can make Bitcoin declines severely and massively, but $13k is likely non-sense as the next destination of Bitcoin price in the next few months.

STT

legendary

Activity: 4102

Merit: 1454

13k would be quite bullish a year ago, what made you decide after alot of selling we'd still be up on a two year time scale going forward. I'm interested on what positives you think are reflecting in the price to result in a net gain during these times.
I dont especially fear 13k if thats what happens after some fairly extreme disruption I assume Bitcoin has advantages that are useful in such times and it would seem we gain going forward having done so well when many retail firms could not carry on. Price right now is quite secondary to long term prospects.

acener

full member

Activity: 1274

Merit: 115

★Bitvest.io★ Play Plinko or Invest!

I had my doubts when it started to fall hard from $50K+,
I still have it though I don't think it would be really that bad I am thinking that 2018 slowly downfall would repeat now.
It would fight or climb up a little and stay there for awhile then go down again.
But 2018 and the current price drop is different I mean we now have more support than before so maybe it could now maintain it's high price.

SaShiRaJaVu

hero member

Activity: 1694

Merit: 541

Quote from: guy_wonderful on June 08, 2021, 07:35:37 AM

No stops as I have no time to make necessary analysis
Target 12400
Current price 33000
Optil 4 months,

What makes you think that the price of Bitcoin would go down in the next 4 months, i am also not having any doubt that we will see a major correction and that we could see a price of Bitcoin coming down below $15k but i have no idea when that would happen because it all depends upon how these institutional investors are planning on what to do with their huge investment.

If you think that you know the reason on why the price would fall in the next 4 months i would like to hear from you.

ultrloa

legendary

Activity: 2758

Merit: 1228

Quote from: guy_wonderful on June 08, 2021, 07:35:37 AM

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

That's to much prediction since if price dump for more maybe the bottom of it is around $20,000 nothing deep will came since I believe those whales at who got profit when bitcoin at the peak will accumalate since this is the best price to enter rather than wait for further which is quite not possible for now. Although it has slight possibilities but lets not think about it since it will just add nervous to the people who bought at the peak and still holding.

LUCKMCFLY

legendary

Activity: 2590

Merit: 1882

Leading Crypto Sports Betting & Casino Platform

I think I must disagree with their analysis, if a BTC fall is expected, but $ 13k seems too much to me, it is not impossible, but there is a lot of large investment which, they will defend at the $ 30k levels, maximum it may be. reaches $ 28k, technical reasons I liked the analysis they did on cointelegraph:

Quote

"If this is to prove to be a bottom it would make sense to test the liquidity resting around 28k before bouncing. If there fails to be a response around those prices which quickly recovers weekly support of 32k, then the outlook will be bleak."

Source: https://cointelegraph.com/news/bitcoin-price-nears-30k-as-estimates-reveal-19k-support-floor

In the same way, anything can happen in BTC, it is necessary to have some patience to see how these events can develop.

proudhon

legendary

Activity: 2198

Merit: 1311

This is an okay forecast, even if it's too bullish by a lot.

hugeblack

legendary

Activity: 2702

Merit: 4002

Is this analysis because the price fell by 4%? I do not think that we will return to the barrier of less than 19k and if this is resolved, then I will start to worry because historically, the price has not fallen less than previous ATH cycle, for example, the highest peak was about a thousand dollars in 2016 and 19K at the end of 2017.

Predicting levels like 13,000 is too extreme and wouldn't be normal.

Argoo

sr. member

Activity: 2352

Merit: 245

Quote from: Baofeng on June 08, 2021, 10:33:45 AM

Quote from: electronicash on June 08, 2021, 07:43:37 AM

it encourages the newbies but not the old folks who knew it too well. bear is bear. a 20% dip is already a bear.

I disagree though that a 20% is bearish, January and February alone, we have like 23%-26% drop but we have bounce back and even hit a new all time high. So it's just normal, but a 50% or more is obviously, not the norm, but we have seen multiple times throughout bitcoin's historical logs.

As far as the forecast goes, before we hit $13k, there are a lot of support areas that needs to be broken, $20k-$30k, before we go that low. And it couldn't reach that price is there is no FUD or negative news around.

However, if we take into account that bitcoin rose above $ 64,000, and now it has a price of just over $ 31,000, then the fall is more than 50 percent. Altcoins, as usual, suffered even more. After today's next fall in prices, they may continue to fall further. However, I don't think the bitcoin price will go down to $ 13,000. If this does happen, in my opinion, it will make it very difficult for the further price growth of bitcoin to new heights. After all, it will not make much sense to invest in bitcoin at high prices, because after that it still falls, although the level of its fall becomes higher compared to the previous fall.

Baofeng

legendary

Activity: 2576

Merit: 1655

Quote from: electronicash on June 08, 2021, 07:43:37 AM

it encourages the newbies but not the old folks who knew it too well. bear is bear. a 20% dip is already a bear.

I disagree though that a 20% is bearish, January and February alone, we have like 23%-26% drop but we have bounce back and even hit a new all time high. So it's just normal, but a 50% or more is obviously, not the norm, but we have seen multiple times throughout bitcoin's historical logs.

As far as the forecast goes, before we hit $13k, there are a lot of support areas that needs to be broken, $20k-$30k, before we go that low. And it couldn't reach that price is there is no FUD or negative news around.

electronicash

legendary

Activity: 3178

Merit: 1054

when the support in 30k breaks, there is no stopping there, there are even speculations that it could go 10k. so much good news in the media but the prices takes this dip, you can just relate all these to what happened in the last bear market. the whales are buying all these media to report things and more good news like ray dalio or micheal saylor buys the dip.

it encourages the newbies but not the old folks who knew it too well. bear is bear. a 20% dip is already a bear.

guy_wonderful

hero member

Activity: 966

Merit: 501

Working 24 hours a day isn't enough anymore.

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

Topic: Bitcoin to 13k. FORECAST (Read 800 times)