The development of the world economy and the potential for a recession is indeed very interesting to follow, especially in the crypto market in this case BTC. There are many views from some financial analysts, analyzing the value of BTC will fall to US $ 1,100 price and some say Bitcoin is very bullish going forward. How does BTC answer it as the King of the Crypto world???
Although bitcoin is actually an asset that is always volatile and quite easily affected by positive and negative issues, I am very sure that the price of bitcoin will not touch $1K again in the next 2 to 5 years. I would probably consider the price could still down below $10K, but $1K is something that's inconceivable right now. Also, you don't have to be too sure of the analysis done by fiat finance experts because they don't really like bitcoin. 
Topic: Bullish VS Bearish - page 7. (Read 1265 times)
Are you sure there are really many views that analyze Bitcoin's value to be falling to $1,100? I personally haven't encountered even one view that has this analysis.
Same here I was surprised after reading it but I then think maybe he mean to say the price can fall for another 1.1k. For example if the value now is 20.1k then its next value is going to be 19k. Till now, many people still predicts that btc can fall but those numbers are only at 15k and 13k and the lowest maybe is at 8k. Below than that are unrealistic already. Who are these so called financial analysts who foresee Bitcoin falling too far down at $1,100? My guess is that they are either Bitcoin critics who have always been perma-bears and who wished that Bitcoin turns to zero or they are traditional financial analysts who know nothing about Bitcoin.
Or they are those whales that spreads negativity so that when someone believes it, they will worry and dumped their coins. Whales will then took the opportunity. Anyway, in my case, I am very bullish now with btc because there are some positive news that I read lately and also we are now on the second half of the year. Usually price starts to improve starting this period.
No matter how terrible the recession choses to appear Bitcoin can't fall down to $1,100. Prices might fall further below $14k will
Admit to that speculation because prices isn't making any signal to recover but making a drastic drop to $1,100 seems so impossible. But with this plunge other stocks and crypto assets will even further dips definitely no asset will be free from the lhis price attacks
Admit to that speculation because prices isn't making any signal to recover but making a drastic drop to $1,100 seems so impossible. But with this plunge other stocks and crypto assets will even further dips definitely no asset will be free from the lhis price attacks
BTC cannot answer that. It has no mouth to do so. 
Just kidding but half true.
Anyway, those are predictions and it could happen. There's not much basis but it can still happen. Bitcoin's volatility can always shock the investors with the price movements and it's not even written in their technical analysis.
$1k though is such an absurd number, imo. We have reached 3k last bear so I don't think it will go back lower than that. Let's just say that is our bottom but further down may happen because another economic breakdown is suppose to happen.
War will end, soon they will find nonsense about what they are doing but only egos left. Ego is nothing without bullets to fire.
Just kidding but half true. Anyway, those are predictions and it could happen. There's not much basis but it can still happen. Bitcoin's volatility can always shock the investors with the price movements and it's not even written in their technical analysis.
$1k though is such an absurd number, imo. We have reached 3k last bear so I don't think it will go back lower than that. Let's just say that is our bottom but further down may happen because another economic breakdown is suppose to happen.
War will end, soon they will find nonsense about what they are doing but only egos left. Ego is nothing without bullets to fire.
I doubt that even the worst recession can drive Bitcoin to $1,000, in fact no external factor can do that. Only some major internal weakness, like a succesful and devastating attack on the protocol can do that. Also, Bitcoin isn't strongly coupled with global economy - it generally shows short-term correlation, but then continues to have its own price movements, which often offset the losses from mainstream market panic.
Yes. Even while we know Bitcoin to be a great protection against monetary inflation, I think at least for investors to be prepared for more sluggish prices as the global macroeconomic situation is not clear in the middle of rising inflation and the present energy crisis.
The development of the world economy and the potential for a recession is indeed very interesting to follow, especially in the crypto market in this case BTC. There are many views from some financial analysts, analyzing the value of BTC will fall to US $ 1,100 price and some say Bitcoin is very bullish going forward.
If BTC will fall wit $1,100, what will happen to stocks then? doesn't make sense that it will only be crypto that is going to fall hard, every market will have to suffer. They are just pinpointing, for reasons only known to them, that BTC will go down to that kind of random numbers.
How does BTC answer it as the King of the Crypto world???
Nothing, BTC will go as normal, it's a bear market right now so price will dump. But so far we have reach the all time low of $17,500 and it seems it will be the bottom for this year. So have recovered already to $20k++ and this is the support for now.
There are many views from some financial analysts, analyzing the value of BTC will fall to US $ 1,100 price and some say Bitcoin is very bullish going forward.
Can you quote who said this? So we can tell a thousand reasons why this would next to impossible. Not being optimistic but the trading chart can support that its way impossible to happen.Quote
Yes bitcoin is going downhill no,w, but its not gonna plummeted hard as many institutions are also investing within this range. If that would ever happened expect some crazy things to happen.
I also find this impossible to happen , drowning to 4 digits level again? while we are looking for a final 6-7 digits climb in sooner time. 
Everyone are expecting a bullish momentum which the market lacks for now. There is short term pullback with bitcoin and ethereum. What we experience nowadays looks similar to the market movements that happened during the end of May and getting into the June month. So, the market is bullish and bearish for short term. However the sideways market move continues and within few days US will update the new inflation rate number. This will make some noise in the market.
The development of the world economy and the potential for a recession is indeed very interesting to follow, especially in the crypto market in this case BTC. There are many views from some financial analysts, analyzing the value of BTC will fall to US $ 1,100 price and some say Bitcoin is very bullish going forward. How does BTC answer it as the King of the Crypto world???
If you're going to make statements like that, you better put the source. I thought you made it up but I see there's a famous author who's going bonkers:
I'm Waiting for Bitcoin to Test $1,100: Robert Kiyosaki
He has already made some failed predictions, but lately I see him more and more apocalyptic, maybe he sees the hour of his death near and projects it to the world.
For my part, I think it is very difficult to be bullish now, as there is no reason to be. I think we are going to be pretty bored until the next cycle.
There are many views from some financial analysts, analyzing the value of BTC will fall to US $ 1,100 price and some say Bitcoin is very bullish going forward.
Can you quote who said this? So we can tell a thousand reasons why this would next to impossible. Not being optimistic but the trading chart can support that its way impossible to happen.Yes bitcoin is going downhill no,w, but its not gonna plummeted hard as many institutions are also investing within this range. If that would ever happened expect some crazy things to happen.
Bitcoin will never be 1k because 1k is not a demand, and there will always be a demand for bitcoin and its cult and someone out there will always be willing to buy it and no bitcoin analyst will ever hit that price and that's impossible.
I assume normally, when this question arises, the next price spike won't be long and when bitcoin continues to decline there will be bad news or judgments that bitcoin will crash or become worthless. And those who panic, are pessimistic and also don't want bitcoin to grow, and things like that are actually or usually signs of going up again, it's only a matter of time.
I assume normally, when this question arises, the next price spike won't be long and when bitcoin continues to decline there will be bad news or judgments that bitcoin will crash or become worthless. And those who panic, are pessimistic and also don't want bitcoin to grow, and things like that are actually or usually signs of going up again, it's only a matter of time.
The development of the world economy and the potential for a recession is indeed very interesting to follow, especially in the crypto market in this case BTC. There are many views from some financial analysts, analyzing the value of BTC will fall to US $ 1,100 price and some say Bitcoin is very bullish going forward. How does BTC answer it as the King of the Crypto world???
The price prediction is always depends on people speculation about the Bitcoin value in times of uncertainty in the market. There are always two sides on trading which is the bulls and bears but the price direction always dictates by the majority so even if all indicators and analysis are bearish but the majority of traders speculate that Bitcoin will pump, The majority speculation will govern and will ignore all the analysis.
The development of the world economy and the potential for a recession is indeed very interesting to follow, especially in the crypto market in this case BTC.
While you mention this about being interesting ? yet to followed with this?Quote
There are many views from some financial analysts, analyzing the value of BTC will fall to US $ 1,100 price
Who are those Analysts that has been Many?Quote
and some say Bitcoin is very bullish going forward.
it is still Bullish nowadays at above 20k.Quote
How does BTC answer it as the King of the Crypto world???
by proving in the following months or at least years so best this is not something you can prove now but in semi long term.
$1100/BTC will really make this world go crazy. Where else are we going to put our money if BTC is also going to be affected this much. I doubt this will be the case. Financial analyst are often doomsayers, they always say the worse but sometimes it makes you prepare for the worse. They could be saying the truth or maybe not.
Something terrible will first to happen before it will plummet that bad. I won't even want to think or say it but for Christsake Putin. What did the world leaders eat that they can't decide better for the good of all.
Something terrible will first to happen before it will plummet that bad. I won't even want to think or say it but for Christsake Putin. What did the world leaders eat that they can't decide better for the good of all.
How does BTC answer it as the King of the Crypto world???
Take a look at the 1-day chart and you can see for yourself how BTC "answer it as the King of the Crypto world". Bitcoin is still currently a risk asset(as the broader market perceives it), so probably expect it to perform like one.
Time will be the most accurate answer. I don't know what analysts rely on to predict that bitcoin can hit $1000, are they traditional analysts and do they know anything about bitcoin, crypto?.
We all know bitcoin price is unpredictable and we are trading at 20k$. The $1000 price point was the story of 10 years ago and it will never happen again.
We all know bitcoin price is unpredictable and we are trading at 20k$. The $1000 price point was the story of 10 years ago and it will never happen again.
The development of the world economy and the potential for a recession is indeed very interesting to follow, especially in the crypto market in this case BTC. There are many views from some financial analysts, analyzing the value of BTC will fall to US $ 1,100 price and some say Bitcoin is very bullish going forward. How does BTC answer it as the King of the Crypto world???
Lol, if you believed this so called experts and financial analyst, then I guess you will lost some money here in crypto market. And just like you and me, you can make you own and wild educate guess. There's no question that the world is in recession that's why all market has been affected.
But as far as bitcoin market goes, we are in a bearish market, meaning the price will really have to go down very hard. So we have the wait for the halving in 2024 to see how much bitcoin will recover. It could be in the 6 digits price range.
There are many views from some financial analysts, analyzing the value of BTC will fall to US $ 1,100 price and some say Bitcoin is very bullish going forward.
Are you sure there are really many views that analyze Bitcoin's value to be falling to $1,100? I personally haven't encountered even one view that has this analysis. Who are these so called financial analysts who foresee Bitcoin falling too far down at $1,100? My guess is that they are either Bitcoin critics who have always been perma-bears and who wished that Bitcoin turns to zero or they are traditional financial analysts who know nothing about Bitcoin.
I doubt that even the worst recession can drive Bitcoin to $1,000, in fact no external factor can do that. Only some major internal weakness, like a succesful and devastating attack on the protocol can do that. Also, Bitcoin isn't strongly coupled with global economy - it generally shows short-term correlation, but then continues to have its own price movements, which often offset the losses from mainstream market panic.
i am with you on this one. diving to $1100 level is quite hard to think. unless, there is devastating news that we are not ready of. though everything is possible to happen but we need to look at reality here. as the community is growing fast, i don't think we will see a very low price level of btc. if that happens, i will be thinking of the future of crypto market.
There are many views from some financial analysts, analyzing the value of BTC will fall to US $ 1,100 price and some say Bitcoin is very bullish going forward.
No analyst will say bitcoin price will plummet to $1100, only bitcoin critics can say that, the critics will even say bitcoin will become worthless one day, but bitcoin has been getting more value in long term. The lowest price bitcoin analysts have predicted lately that I know about is $14000.
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