Topic: BTC (or crypto in general) >> PREDICTED DROP TO 18K. WHAT'S NEXT? (Read 514 times)

Remember when I said:
I hope everyone saved CASH and protected their liq. The crypto market is about to make a second bottom in a few months. This will be the 23k range most likely after.

^ RE READ THIS AGAIN U MFERS. $$$ TALKS BABY THIS IS FOR THE 1%

Updated the thread kinda. What is everyones point atm on the latest price actions. I am curious.

My personal opinion is that we've bottomed around here. We might see some spikes here and there to take up liquidations, but I see us moving up from here on.

Again, I am gonna hold and not gonna sell. I bought the absolute bottom (I pray I did). I know my ego is super big right now, but come in here and let's talk I litterly don't care if u were against me at first.

The biggest buy signal is if we retest 18k. You heard it here first folks.

UPDATE: BOUGHT BACK IN + UPDATED THREAD

I wanna see the bashers back on this thread and apologize to me for being wrong. Love you all xx

Fear is what makes this market run. Idiots and fear :_)

It's clear that nobody really knows when bear will happen or when bull will happen. We are just making predictions and most of us are usually wrong about that too. Just realize that the best thing you could do right now would be to make sure that you are holding and not making crazy moves, that would mean that you will be profiting in the future when the price goes up.

Anything outside of that would be a crazy guess and you will not be making a profit most likely. So just hold, wait, and eventually you will make a profit, do not do anything crazy that could risk all of your money, and this way you will be able to say that you waited and did the right thing.

In fact, both options are quite similar to each other. A lot of crypto depends on bitcoin, so to speak. Although in general, the connection of the entire cryptocurrency is quite noticeable.

It might continue to drop.

People should do what you do.

You're doing it easy and simple by just DCAing and minding your own portfolio instead of asking when it will recover just like the usual questions that we're seeing from the majority.

They should act upon instead of questioning if the market will recover eventually.

Cryptocurrency is the future despite showing how unstable it can be in recent times. It is a work in progress even though it has made a lot of people today rich and very rich. With an unstable economy comes unstable market. The bear is here but the bull would definitely surface again.Getting BTC is a good idea but be able to hodl because it would definitely go below your entry point before the bull season comes

BTC at 20k
ETH at 1k

Like I said I am DCA'ing heavy at 18k BTC. But we might drop lower if shit hits the fan. Be prepared yall, this topic started at 48k and now we almost at 18k

Looks like everything is taking it's toll am I right guys

My buy target still hasn't been hit. I am still 90% stable and 10% like ETH, which I couldn't give 2 fucks about at this point.

Edit: updated thread with date stamp

This is what do some saying about stable coins which some are against with the idea but there are some who do really trust up that hard about into its existence just because they dont really like that inflation
problem towards fiat/dollars.

I do see some wrong concept or idea of some people toward Stable coins and do make out support of it no matter what.So the best thing to be done is just letting those
people do engage on things which they do like.Even if you do tend to convince nor giving out some advises then for sure they wont really be listening.

Stop speaking so much facts bro. Stack BTC and HODL. Me, and you, both know where this market is gonna end.

Just because we do not trust fiat and the centralized nature of it, and then come in here and use USDT never made sense to me. If I am going to have my money in dollars, then why use USDT or busd? Just use regular dollars, I can hold it and see it and I trust the value of it.

However, stablecoins never made sense to me because I am giving my crypto to some guy, and saying that give me some dollars in return and I trust you to give me this much dollars when I ask you to, why would I trust Tether to do that? They will certainly keep on printing more and more and more, and eventually they will make so much money that they won't care about any of us.

Whats the point of listening to people that don't know how this market works? Yeah you got it right, bear market and bull market. But do you know when one occurs? Not many do

This post is gonna age super well, we got another big lawsuit from xrp coming. I am 99% certain that they'll lose because Ripple Labs are criminals. And the people that invest in XRP are idiots aswell. Hoping to see them out of the top-10 aswell and I am ready to go.

XRP isn't even suitable anymore for settlement when compared to something like Cardano or Polkadot. It's like a bank choosing to use Morse Code for communications. XRP is now just a shitcoin in the alts market being heavily traded just because it exists, not because it's useful or will be used for anything. One day the market is going to fully realize that and dump it.

You said you've been in cryptocurrency since 2014 and yet you didn't know about the word "volatility"? Bearish market and bullish market exist, and I don't know why you're crying about Bitcoin going down. It's just a normal scenario for all of us who understands how this thing works. Buying and holding is a choice, so why do you want to hear our opinion if you're not willing to listen and will just contradict everything?

Nah friend, nobody wants to buy very large. People are going for a 3rd strong bull run, but first all the noobs need to leave the space. (:

Honestly, can we even blame them at this point? It's true, Crypto is NOT safe enough and things like DeFi/Staking have to be regulated.
The problem is that Bitcoin is attached to these other shit coins which are fueled by Ponzinomics.

Edit: updated the thread a little bit. See you guys at 18/19k. Bye.

It is volatile since before everyone got hooked on it. So, if someone says that it's not stable then that's actually a fact and even it's just an opinion because that's what the market has been portraying a long time ago

We all want to buy in huge portions while the market is bleeding. It's the time that everybody thinks that it's the perfect time to buy more of those coins that we think fit our investing style.

From day one, the Crypto Market has been unstable due to some large bagging of coins and Hugh selling of coins. All these leads to the instability of the market. Whales are sometimes behind the crash of the market. Like the serious dip that is ongoing, Luna. This coins have sent so many people back to trenches while it has also made so many people rich in the space. Those that long and bagged Hugh pieces of Luna are in a big Loss while those that short Luna before it got delist from Futures trading on Binance have made a gigantic profits. The space is all about to be on the positive side of the market, and know the right time to trade a coin.

The cryptocurrency market has now very specifically shown its instability. Apparently, someone wants to buy very large.

UPDATE: BTC 27K

Happy shorting day everyone

18k our last stop. Thanks for hearing me out, if you were prepared you know this crash was coming. xx <3

The basic reason why people need crypto is because we don't have to trust a centralized system.
But the idea of ​​a stablecoin is we have to believe that it is backed by a dollar-denominated or other asset with a fair value that is at least the same as fiat money. In fact more than a year the market capitalization of stablecoins grew more than 20 times and never stop.
That's what worries me, what if they just continue to mint stablecoin without being backed up 100%.
I believe in human greed so i think sooner or later the cryptocurrency market will crash because of stablecoins

Market summary of Bitcoin today is 6,321,372.52 PKR.

Indeed, with the declining market conditions, it is certainly difficult to make a decision.
need to consider many things and we must also have a strong mentality to take risks,
buying gradually seems like a good strategy

as long as we have free money, then now is a good start to buy. we can plan buying in stages if the price drops again, because no one knows when this bear season will end. On the other hand, we must have the courage to buy at this time, because many of us are afraid that a crash will happen again, even though our goal is to invest.

A cryptocurrency is a digital form of money, built on blockchain technology which only exist online.

People will get trapped at 28k and 29k longs, 20k is our bottom. Or even 14k if shit hits the fan.


Edit: another big and I mean big indicator is a shitcoin that is ranked at #11 I believe. When that shit hits 0.05 all retarded moonboys either left the space or got liquidated. Will be one of the signs of a nice bottom.

I also managed to speak with my friend. They're gonna push a big liquidation wig next week. So my advice for anyone that do have underwater longs, EXIST and accept your loss for now. This information is private and meant for the 1% of the space. People pay $ for what I am giving y'all.

Also for anyone that made fun of my post, I am 1-0 for now hehe.

I have to say it went lower than what I expected. I am a bitcoin maximalist so I always think that it will go up, but time to time there are bear markets that we have to accept and move on. Yes it is not a good market right now, and yes it is scary to hold crypto right now because every day you see it going down, however I believe that every down has an up as well.

The only slither of hope I have is for the future and not for right now. I believe that all of these drops will come back to us as a great increase in the future, it may not be quick, it may not happen right now, but it will happen in the future, so I feel like holding whatever I own right now is a great way to make money in the future, and to be fair there are no other possible things that I could do neither.

Yeah that's good, I want to see your next story in this forum.
Are you happy now? feeling good
I don't want to judge, I'm neutral here friend

how can you be sure of your own statement?
what would you do if you are wrong?

I don't feel scared when bitcoin drop. The price is just illusion to me and i still hold some bitcoin as my saving.
what scare&worry me the most is "stable coin"

So far, the market conditions are still declining and we can see that the coins are going down,
it's true we can't lie to ourselves that with conditions like this sometimes fear and panic arise by itself,
therefore we must be able to control ourselves and stay calm

This market doesn't move in any predictable way. Whales need new money, the fact you said we are used to these scares me. I know this, because my friend did a big FUD campaign in 2018 for a client. After massive FUD the market managed to crash. I am expecting the same thing now, but VERY extreme. New money is needed, fresh cash flow, only way to obtain that is to make sure people get liquidated or sell at loss. And if people get used to things, they tend to change the situation so it becomes new.

Like I said, I've never sold my BTC but some weeks ago I decided to do it. I got some altcoins running, that I dont care about because they are so little compared to my portfolio.

CZ n FTX will lead this drop.

Welcome to this bear market friend. We won't recover for the next 1-2 years. GLHF playing the game.

I little bit surprised that you have seen what will happen in the market. Maybe we should be thankful to you for such awareness but sorry, I haven't seen this topic last month or I just skip it as I was being positive. Well, even though you have found it right this never gives me worries, not at all. I was being prepared for what will happen and I also believe that recovery will be going to start later so I just keep calm and hold my crypto.

My point is litterly the reason WHY I made this thread. Why would I look for something? I came here to spread what I knew (and share my opinion). We'r going down. You & others should be thankfull I came here. No fairy tales on this side friend.

I see you are smart to see the big picture.

At this time new cases of covid rise to an all-time high. unfortunately you are right.
Many people panic, many markets are also down hard today , including S&P 500 and Dow Jones.
I just wonder why you come to this forum, are you looking for something?

if you are looking good discussion in this trading section, maybe you must be bored.
tell me more, what is your point?

Nothing has changed brother. This has been the pattern of btc price. It rises and falls and traders making profit from both while hodlers will keep being patient for another time of bull. So only newbies will panic that there hodling is deminishing but experienced guys already know how it is. You either tether what you hodl or you sell to regret in loses but if you hodl it must bull after bear.

Just wanted to revive this topic. Everyone still confident in holding? Hehe.

Come on, you didn't need to correct my guy like that. Let him think and say whatever he wants to say. We both know crypto is being affected by Covid19. But I need to laugh or else this forum becomes boring oO

To be honest Covid-19 did really have an effect remember? the price went as low as $3k in March last year during the height of the Covid-19 news, not just crypto but the whole stocks and other financial market as well. And now that we have the Omicron variant, the same, it somewhat has put a dent. Nevertheless I don't see it having a long and lasting effect on us and I don't think we are in the bear market as the OP has said. That is his opinion, but we all have our own views and I don't agree with him.

That screen shot is showing a double tap pattern which means a bearish.. Lol and it's base on 1M time frame. Well that's what it is mate, i mean never argue with other people because we have different views, and infact some of us who used to make technical analysis are not using the same technique and time frame how to identify the real potential of the growth .  so let it be and let see what will be the results afterwards..

I agree with some of what you are saying however just because SP500 and Bitcoin made new highs doesn’t mean everything is a bubble and will implode soon.

Look at stocks like Zoom, Peleton, Alibaba, Disney, Uber, etc. They are all trending downwards, some are like 70% down from ATH. The stocks which are making SP500 go to ATH are stocks like NVDA and Apple which will eventually correct.

The trend for certain assets already reversed this Summer.

In fact, many people would not believe the value of BTC would be like this. Maybe many people have regretted selling it cheaply first. But right now maybe looking for 0.1 BTC is a very difficult thing because the value is already quite large. After two BTC cycles actually I'm sure if today there is a decline it's a natural thing. But at some point I am sure that the price of BTC will go towards a new ATH. Covid 19 does not affect the crypto market all continue to run normally. In fact I see on social media many people who have joined the crypto world.

BTC is actually something we need. We are going to get rid of CASH money. Crypto is here to save the world. I wonder if the creator of BTC is actually someone that is pushing The Great Reset agenda.

The good news is that you managed to buy and hold bitcoins from 2014 to mid-2021. That's great because I believe only certain people can do it. But it is a recommended investment, buy and hold your bitcoin for long term and sell when you really want to buy something from it for your real life.

Now we are really in a period which is a bit difficult to explain although I believe the price is still bullish compared to 2020. Saylor announced that he has bought a number of other bitcoin during the month of December so it might have a good impact on the market to hold on to support above $40K -$45K. You can expect bearish, while we still want a bull market during the end of the year.

Bitcoin's price has (and should) nothing to do with its future unless you treat it as a speculative investment asset.

Where did satoshi promise any of us huge returns in the white paper? I didn't read anything like that.

Bitcoin fulfills its promise as long as it exists.

Surely time will tell but my point is that it may not turn out to us like it happened in 2 years and three years back. This time may happen differently with the halving coming of course you know bitcoin will become more sort after. So don't expect that type of dropping happened in the past, reversion may happen in between. 

Up and down in price or fluctuations that occur in bitcoin is a natural thing. this happens to the crypto market. Downturns like this are common and the time will come for them to rise and return to the bull market. Currently the bear market is more dominant. There's a lot going on in bitcoin. Keep doing good management and have a target at what price to sell it.

You are certainly right that BTC and cryptocurrencies in general is a phenomenon for many of us, since it has already allowed us to make good money, as well as create a new industry. No one can 100% know what the future holds for BTC and cryptocurrencies. As for the fall in the price of BTC, this happens regularly, since BTC is in one way or another connected with many processes in the world. But no matter how the price of BTC falls, in the end it always becomes more than it was before. This is probably the phenomenon, but how long it will last no one can say. Therefore, I believe that you always need to be able to seize the moment in order to have time to make money.

Sorry I fail to see the point in your reply. Can u explain yourself? Ty

Bitcoin is a decentralized computerized cash made in January 2009. It follows the thoughts set out in a white paper by the puzzling and pseudonymous Satoshi Nakamoto.12 The character of the individual or people who made the innovation is as yet a secret. Bitcoin offers the guarantee of lower exchange charges than customary web-based installment components do, and not at all like official monetary standards it is worked by a decentralized power.

Baby calm down, you don't have to do me like this. We'll eventually come back up, but I doubt it will be anytime soon.


Only time will tell.

Cheers.

Don't worry about me Michellee. I am set for life. Atm I am just buying shitcoins like $SAND and staking them. Why you may ask? I don't know lol.

I think I am becoming paranoid. Oops.


You did your homework. Well done brother. Only fail to see the big picture.

Maybe we all know that crypto is the future, but people still do not know. If there are crashes after this end of the year, then wow, that will be the golden time for us to buy many bitcoins but I really do not know for sure. I think the up and down of the price will always happen, and it already happened a long time ago so we need to prepare for the worst.

It is good if you kept buying from a long time ago. But hopefully, you have a target price to sell your bitcoin so you can enjoy your profit and have time to achieve your goals. So let's see what will happen later.

This contradict to where you said bitcoin is the future. If there is a moment of fall , that doesn't guarantee for a constant fall as you said "falling from now on" .You didn't show a chart that proves that and again you don't compare the past to now because there are more believers now than in the past and stronger hodlers are still accumulating including another halving in view.

All these you mentioned is not limited to Bitcoin or cryptocurrencies, but are global situations that impact any area or sector. Lots of global economies reached new heights in inflation during this pandemic and lots of currencies were devalued, Bitcoin actually faired better during the critical lockdown periods, over many other assets.

Covid-19 was declared a global pandemic on the 11th of March 2020, and the price of Bitcoin then was almost $8k, the price now is $48k, after reaching a current All Time High of almost $70k. Where did you get a 20-30% dip from, except you're suggesting that's the reason for the current drop in price?

*latest update 16-09-2023: I hope everyone saved CASH and protected their liq. The crypto market is about to make a second bottom in a few months. This will be the 23k range most likely after. Happy mfer longing day sirs.


Bitcoin, what a phenomenon. Crypto is an escape out for many of us, including me. But we've to be realistic. Atm we got MANY things going on in the world that will have an impact on the cryptocurrency world. We got Covid19, Evergrande, politics, taxing, housing market, etc. etc. In the end run we've got companies buying BTC: Tesla, Microstrategy, etc. etc. Many companies have bought, some are still buying. I mean that's all nice and good but the negative parts of impacting BTC/crypto haven't even started yet. We've only got covid19 right now and it's causing us to dip for 20-30%. Crypto is the future. We all know this. But I believe we will see some hard crashes to the downside before launching up. I've been in Crypto since 2014. I never sold and kepy buying more and more BTC. Even when we dropped from 20k to 3k. I kept buying. Untill 8 weeks ago. I started selling and actually buying gold/silver with my crypto investments. I believe 8 weeks ago we had our last big pump to the upside. I see us falling from now on.

I am not active on this forum but I will check out this thread once in a while. For fun, and see if this dumb idiot actually knew what was coming.

/ This is not a bearish thread. Just my 2 cents I deliver to this awesome forum. Have a good one.
// Can't upload pictures because I am not a Jr member. Oh who cares below is the link. Imagine quality is shit lol.
https://i.imgur.com/NraTdV0.jpg

UPDATE:
12 May 2022 - BTC hit below 26k for a few hours (or minutes idk). Anyway see the chart here below for the price of BTC. I am still expecting us to hit lower. I bought a fuck ton of ETH 3 days ago at 1680. I DCA'd. I am expecting us to go lower. Everything else goes into BTC. If you don't have liquidity I feel bad for you. You missed out in 2014, 2017 and 2022/2023.

https://i.imgur.com/hdXOC2x.png

UPDATE:
13 June 2022 - BTC reached under 22k for maybe an hour. Dip dip dip dip dip dip. No fairy tales on this side friend. =)
https://i.imgur.com/qVubGyZ.jpg

UPDATE:
18 June 2022 - My orders have been reached. I rebought Anon. Did you? 90% BTC vs 10% ETH.

UPDATE:
September 2022 - anon are we bullish? I feel like we'r gonna RETEST 18K
https://imgur.com/AJPHh24

September is a great month for crypto. After this month we all will become rich. Don't get twisted with the eth merge going on right now. It's bullshit and being used by whales to take massive liquidations from the masses. I care about all of you, I really do so just listen to a man with connections. Biggest buy signals were given. You wonder where? Read below and book this thread hehe.