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Topic: do u think the BTC bottom is in...? (Read 932 times)

sr. member
Activity: 1792
Merit: 255
October 04, 2022, 12:41:31 AM
I believe that the bitcoin price is currently bottoming, not much time to buy bitcoin at a price of $19k, at this time i have transferred about 50% of my altcoins assets from ETH, BNB and stable coins to bitcoin, i believe in october the price can return to $25k.
member
Activity: 686
Merit: 21
October 03, 2022, 07:16:00 PM
Bitcoin does not have any bottom for now because people he saying that the bottom of Bitcoin is when it reach 10,000 dollars so if it also rich 12000 thousand and 13000 dollars it is when the price falls to the bottom why not knowing that the bottom of Bitcoin is of that particular plant it stayed before increasing
sr. member
Activity: 1106
Merit: 421
October 04, 2022, 06:07:18 AM
~snip~.
I don't think there was any chance to returning to 25k in October, cause there is still no green signal in the market, moreover, a good resistance zone is not visible.  But I think Bitcoin will release 25K from the beginning in 2023 although it is not possible for anyone to make 100% prediction in cryptocurrency trading.
hero member
Activity: 830
Merit: 520
Nxt NEM
October 05, 2022, 11:43:43 AM
~snip~.
I don't think there was any chance to returning to 25k in October, cause there is still no green signal in the market, moreover, a good resistance zone is not visible.  But I think Bitcoin will release 25K from the beginning in 2023 although it is not possible for anyone to make 100% prediction in cryptocurrency trading.
MIght say it was hard to reach $25k this month but never I think the chances are close because we still have it.
Maybe you are right, but it was not because we see the green color of the market is just only the indication for the price increase. Bitcoin price will move surprisingly, we never know and besides, $25k is not really far from the current price.

Well, anyway, this is just speculation and we have no assurance for this but I'm still optimistic that this October will at least have some market pumps.
You are right that 25k the amount is not really far from current situation but in market we don't saw a stability yet. And after crossing 20.5K today, Bitcoin is back below 20K at 19K. I think if bitcoin have to cross 25k in October then there should be create a good resistance.  Even so, it is unlikely that Bitcoin will go to 25K in October.
sr. member
Activity: 2338
Merit: 338
October 04, 2022, 09:12:05 AM
~snip~.
I don't think there was any chance to returning to 25k in October, cause there is still no green signal in the market, moreover, a good resistance zone is not visible.  But I think Bitcoin will release 25K from the beginning in 2023 although it is not possible for anyone to make 100% prediction in cryptocurrency trading.
MIght say it was hard to reach $25k this month but never I think the chances are close because we still have it.
Maybe you are right, but it was not because we see the green color of the market is just only the indication for the price increase. Bitcoin price will move surprisingly, we never know and besides, $25k is not really far from the current price.

Well, anyway, this is just speculation and we have no assurance for this but I'm still optimistic that this October will at least have some market pumps.
legendary
Activity: 3080
Merit: 1131
October 03, 2022, 07:56:35 PM
Bitcoin does not have any bottom for now because people he saying that the bottom of Bitcoin is when it reach 10,000 dollars so if it also rich 12000 thousand and 13000 dollars it is when the price falls to the bottom why not knowing that the bottom of Bitcoin is of that particular plant it stayed before increasing
There no such bottom but you could really see on trends and based up on technical aspect but we know that its a never ending hunting of bottom price because we do keep on chasing it whether on a long or short

time frame.It does depend on what kind of trader or investor you are which do comes after for long term or short term.So making out buying decisions or selling ones would be entirely depending on you.
We do have our own analysis and decisions to be made basing on that one.

Bottom or not bottom, there's no way to determine on that particular manner.Market is just way too unpredictable.
hero member
Activity: 910
Merit: 789
October 03, 2022, 07:05:22 PM
In 2022 Bitcoin is more of a bear market. Bull market is not coming this year, it might be difficult for us to see. Because the current market conditions are still in the game of investors. They will make the market drop more to take bigger profits when the bulls start.

If you think of Bitcoin this year as an investor's game, then try to follow the investor's game by buying more Bitcoin at the lowest price or when it is experiencing a price decline.
Since it is investors who play this role to make prices lower, they will also play their role to get higher profits by trying to lure for a pump to occur in the market even though it is a difficult thing to happen, but not so difficult to do.

And another reason that makes Bitcoin still not pumping well is that there is no good news coming for Bitcoin other than bad news for some cryptocurrencies which might be the main result of a price decline in the market. Although I don't think Bitcoin has anything to do with other cryptocurrencies that are below it or lower than it is now.
sr. member
Activity: 1344
Merit: 311
October 03, 2022, 05:53:57 PM
my personal opinion is that the bottom is in and the next bull market are going to be nothing short of game changing.
In 2022 Bitcoin is more of a bear market. Bull market is not coming this year, it might be difficult for us to see. Because the current market conditions are still in the game of investors. They will make the market drop more to take bigger profits when the bulls start.
STT
legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
September 29, 2022, 07:35:52 PM
Price action just now is acting quite positively, its past the weekly average but has to show it can hold above and accumulate gains further.   I wont really count it as fully positive in terms of a BTC bottm until we are regularly making higher lows on daily bars.   So 21k is a good area to mark off on the chart, its place for possible resistance and also where the 50 day average is residing which is far more a good indication of a positive trending market.
   Dont worry about the bottom price so much just hold on for when 50 day is our lowest point in any range of prices rather then the highest as seems it will be currently for the moment, a test we must pass.
legendary
Activity: 2618
Merit: 1181
September 23, 2022, 03:29:39 PM
I think the price of Bitcoin at $18.5 has strong support, and September will also end,
of course October is predicted to be a bullish month for cryptocurrencies,
my prediction is that if bitcoin is able to stay at $18k then there is a possibility that $30k can be reached in the next month,
get excited and keep holding on!
80% of ATH is the percentage decline that may occur for bitcoin during this year or next year. I don't know for sure because to be honest I didn't do any analysis to predict the price, but that's just a possibility because I don't think the price will go down more than 80%.

I'm considering getting a few more dollars to invest and maximizing the accumulation strategy during this downtrend. I have to consider that because bitcoin is an investment asset with the most potential to go higher in the future. It's all risky, but for something you can afford to lose it doesn't matter to me.
sr. member
Activity: 1372
Merit: 252
September 23, 2022, 12:06:29 PM
I think the price of Bitcoin at $18.5 has strong support, and September will also end,
of course October is predicted to be a bullish month for cryptocurrencies,
my prediction is that if bitcoin is able to stay at $18k then there is a possibility that $30k can be reached in the next month,
get excited and keep holding on!
hero member
Activity: 2632
Merit: 833
September 22, 2022, 09:28:23 PM
my personal opinion is that the bottom is in and the next bull market are going to be nothing short of game changing.

No one can know for sure. This could very well be a dead cat jump. Maybe the real crash hasn't happened yet. That's what Michael Burry (The Big Bear) says at least. Either way it is always the same. Up, down, sideways.

Some claim they've seen it going backwards too but I've never experienced it. I think it is ridiculous. How the fuck markets could go backwards? It is against the physics.
I don’t think we’ve already reached the bitcoin bottom, and I guess no one will know if its already happening. Afaik, I won’t be bothered and panic once it happens as I’ve done securing my assets through DCAing throughout this whole bear market. And let’s say the bottom is in, for sure it will always recover and bitcoin will surge again for its new all time high.

Most of the time, you will have to think about the bottom, when we hit like $18,300, I guess majority of us think that we will go down further to $17k. But then again the bulls take over the market and now we are in the road to another recovery of $19,500.

So it's really hard to see what will be the bottom or if we have reached it already. The best thing to do is really look at the market and see how we can take advantage. When it goes down below $17k, then it's the perfect time to buy.
legendary
Activity: 2618
Merit: 1105
Tontogether | Save Smart & Win Big
September 22, 2022, 08:00:01 PM
#99
It is not in a situation to bounce high. For now the market is well connected to the traditional market. This makes the cryptomarket to be dependent and that's the reason why there is market variation whenever the interest rates been hiked. It takes time for the slow and stabilized growth that we expect out of the market.

Apart from the connection between the traditional and the cryptomarket, it is the market cycle. For every four years, we'll experience the down market and a massive progress. Possibly what we experience is the start of the down market which might bounce back when the transition to bull trend takes place.
hero member
Activity: 2800
Merit: 603
September 22, 2022, 07:04:28 PM
#98
my personal opinion is that the bottom is in and the next bull market are going to be nothing short of game changing.

No one can know for sure. This could very well be a dead cat jump. Maybe the real crash hasn't happened yet. That's what Michael Burry (The Big Bear) says at least. Either way it is always the same. Up, down, sideways.

Some claim they've seen it going backwards too but I've never experienced it. I think it is ridiculous. How the fuck markets could go backwards? It is against the physics.
I don’t think we’ve already reached the bitcoin bottom, and I guess no one will know if its already happening. Afaik, I won’t be bothered and panic once it happens as I’ve done securing my assets through DCAing throughout this whole bear market. And let’s say the bottom is in, for sure it will always recover and bitcoin will surge again for its new all time high.
It drops normally as we are still in the bear season but naturally, we also see recovery after the dump. So, there is nothing we have to worry about and to panic about but instead, we take this time to buy more.

As I recall the past bear season, I could really imagine that was the hardest life in crypto, in fact, the majority had thought it was the end of Bitcoin and many are leaving. And if we compared it now, ohhh, the price is still high. That is why I don't bother myself also to think about the bottom price for we don't know exactly.
hero member
Activity: 3010
Merit: 604
September 22, 2022, 04:57:35 PM
#97
my personal opinion is that the bottom is in and the next bull market are going to be nothing short of game changing.

No one can know for sure. This could very well be a dead cat jump. Maybe the real crash hasn't happened yet. That's what Michael Burry (The Big Bear) says at least. Either way it is always the same. Up, down, sideways.

Some claim they've seen it going backwards too but I've never experienced it. I think it is ridiculous. How the fuck markets could go backwards? It is against the physics.
I don’t think we’ve already reached the bitcoin bottom, and I guess no one will know if its already happening. Afaik, I won’t be bothered and panic once it happens as I’ve done securing my assets through DCAing throughout this whole bear market. And let’s say the bottom is in, for sure it will always recover and bitcoin will surge again for its new all time high.
hero member
Activity: 2842
Merit: 625
September 21, 2022, 06:59:02 PM
#96
Sometimes you really wanted to think that the bottom is in, but if you look at the market in the last couple of weeks, we are again near on that level, currently the price is just $18,500. And if there will be selling pressures this week, we might see that plummeting again and then enter another bottom. End of the week or every month works like in  a clockwork now, seems the price is going down. So this might be the case again next week, I reckon.
That's how I think of it, we've seen it $17k and we're not yet there but it's very likely that we'll see it in a couple of days. And that's just for the sake expectations so that it won't be surprising anymore.

No one knows on what would really be the bottom would be and since this market is unpredictable then no matter how skillful or knowledgeable you are but still you cant make out 100% precision in terms of prediction
Not until we see a new bottom then for sure that would make predictions come again that we might a bottom of another bottom soon.

It's true though that no matter how experienced, skilled and knowledgelable you are, it's hard to beat this speculative and unpredictable market.
sr. member
Activity: 2436
Merit: 324
September 21, 2022, 06:52:04 PM
#95
Sometimes you really wanted to think that the bottom is in, but if you look at the market in the last couple of weeks, we are again near on that level, currently the price is just $18,500. And if there will be selling pressures this week, we might see that plummeting again and then enter another bottom. End of the week or every month works like in  a clockwork now, seems the price is going down. So this might be the case again next week, I reckon.

Although I don't know the bottom price Bitcoin will reach, for sure the price of $ 18k can be said to be a low price and the right time to buy Bitcoin.
Hopefully Bitcoin doesn't fall any lower in the near future, because if Bitcoin does fall even lower, it is certain that many investors will panic and
selling pressure will be high. Even though Bitcoin no matter how deep the price goes down, we don't worry and don't sell our Bitcoins at low prices.
I can only suggest if this week the price of Bitcoin is getting lower in price, what we really have to do is don't panic and buy more Bitcoins every time
the price drops. Indeed, I admit that buying Bitcoin at a low price is not easy, because we must be afraid that the price of Bitcoin will still fall even lower.
But we have to put our fears aside and have to believe Bitcoin will recover, that way we don't hesitate to buy Bitcoin every time the price drops
to a lower price.
No one knows on what would really be the bottom would be and since this market is unpredictable then no matter how skillful or knowledgeable you are but still you cant make out 100% precision in terms of prediction

and speculation because market could really turn upside down without even been expecting or totally opposing on what you had analyzed.This is why its really hard to make out conclusions in speaking about bottom.

Thing here is that you do know on how to presume up things in upcoming market trends. Ex. Mt.Gox selling those coins..Its safe to presume that on the time of distribution then there would be high
chance or likely to have those dump in price of Bitcoin.
sr. member
Activity: 1638
Merit: 255
September 21, 2022, 06:24:03 PM
#94
Sometimes you really wanted to think that the bottom is in, but if you look at the market in the last couple of weeks, we are again near on that level, currently the price is just $18,500. And if there will be selling pressures this week, we might see that plummeting again and then enter another bottom. End of the week or every month works like in  a clockwork now, seems the price is going down. So this might be the case again next week, I reckon.

Although I don't know the bottom price Bitcoin will reach, for sure the price of $ 18k can be said to be a low price and the right time to buy Bitcoin.
Hopefully Bitcoin doesn't fall any lower in the near future, because if Bitcoin does fall even lower, it is certain that many investors will panic and
selling pressure will be high. Even though Bitcoin no matter how deep the price goes down, we don't worry and don't sell our Bitcoins at low prices.
I can only suggest if this week the price of Bitcoin is getting lower in price, what we really have to do is don't panic and buy more Bitcoins every time
the price drops. Indeed, I admit that buying Bitcoin at a low price is not easy, because we must be afraid that the price of Bitcoin will still fall even lower.
But we have to put our fears aside and have to believe Bitcoin will recover, that way we don't hesitate to buy Bitcoin every time the price drops
to a lower price.
hero member
Activity: 1344
Merit: 540
September 21, 2022, 05:49:51 PM
#93
Sometimes you really wanted to think that the bottom is in, but if you look at the market in the last couple of weeks, we are again near on that level, currently the price is just $18,500. And if there will be selling pressures this week, we might see that plummeting again and then enter another bottom. End of the week or every month works like in  a clockwork now, seems the price is going down. So this might be the case again next week, I reckon.
sr. member
Activity: 2506
Merit: 368
September 21, 2022, 03:36:08 PM
#92
my personal opinion is that the bottom is in and the next bull market are going to be nothing short of game changing.
if we look at all the altcoin charts of course we can conclude that this is a bottom,
but for Bitcoin it still hasn't, yes this is why the price of altcoins is still not safe and can't be said to be bearish is over,
because the shadow price of $10k for Bitcoin can still be achieved, so we have to be careful
I'm sure most of those altcoins are already in the bottom or might as well as their market isn't moving at all. Grin
But for the price of Bitcoin, we can't say yet that the bottom has been touched yet unless if Bitcoin push upward a little every now and then. But it doesn't happen yet so we can't tell whether the bottom has been touched or not. But one thing is for sure, it will surprise us to see the bottom once it gets deep down.
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