How low can BTC go this time around - page 4.

iv4n

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Quote from: panduryk on May 17, 2022, 03:50:09 PM

On my opinion, BTC cant lower more then 30k +-. It seems that this is a psychological mark that will be difficult for us to step over.
Im know a lot of ppl who wanna buy it lower then 30k, 20k-10k Grin

did u hear it?? Rly they wanna buy it for pennies, but their words end after btc reaches that price, he always wanna lower and lower, in conclusion they never buy

Well, an 80% drop is something "normal" for Bitcoin! It's what's happened after every halving, and we are still not close to that point after the last all-time high! I understand those people who are aiming at a $10k-$20k buying point, I think we are going in that direction!
I think history will repeat itself again, it's never a straight line to the bottom, occasional ups and downs happen all the time... I just expect a rough period! I know many things are different than before, but Bitcoin has its own cycle, and I think we will see BTC doing the same swing as before!

panduryk

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On my opinion, BTC cant lower more then 30k +-. It seems that this is a psychological mark that will be difficult for us to step over.
Im know a lot of ppl who wanna buy it lower then 30k, 20k-10k Grin

did u hear it?? Rly they wanna buy it for pennies, but their words end after btc reaches that price, he always wanna lower and lower, in conclusion they never buy

trendcoin

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Quote from: JangoUnchained on April 29, 2022, 02:22:43 AM

The reason why people are able to buy BTC for 3500$ was because of the covid panic of 2020 if not I don't believe that BTC could ever get that cheap, now how low do you think BTC can get to in the next bear market? It will be stupid to expect BTC to get down to a very deep price range again.

There is a $20,000 option as a remote possibility. But Bitcoin is a valuable investment in the long run. Every price drop can be seen as a buying opportunity. Therefore, gradual buying would be the best option. I continue to buy from all levels. Because I have full confidence in the future of Bitcoin.

isaac_clarke22

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Quote from: spiker777 on May 17, 2022, 12:01:26 PM

~

Back then it was way lower than that to be honest like Bitcoin was supposed to be just around 7-10k , but there was that crash that happened back in the days around 2018 or 2019 maybe as I cannot truly recall it, but people were like panicking over and over during those times.
This is just another test for strong holders ngl.

Altryist

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Quote from: TheUltraElite on May 17, 2022, 04:05:53 AM

Trends can change with time and they will definitely. Therefore preparing for the next is what becomes important instead of thinking the reason behind the dump. Prices will probably go up beyond the 30k mark but keep in mind that majority of stock and fiat markets are also down at this point. So be wary of what you can buy and salvage from this dump.

Don't focus only on Bitcoin but look into non-crypto sectors and buy them too. But don't go into altcoins. They are not worth the time and money you have.

Altcoins have always attracted me because they can give a big profit, multiply my deposit faster, but in most cases everything led to the fact that, I either froze my money for a long time, or did not get the expected result. The Altcoins have taken my nerves very well, it's really true. Now there are very few of them in my portfolio, much less than before.

Samurai trieng

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I don't think anyone knows for sure what the lowest BTC price will be but if you look at the current market situation, BTC will generally fall below 30k and above 20k, and I think this is a whale's opportunity to collect as much BTC possible and just waiting for the BTC price to explode again like year 2018.

spiker777

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I rememberd previous low was almost 27k and this bear market we have already seen below 25k on 11 may. Some analysers says that Bitcoin can low to 20k and even 15k but it's will take time and will depend on News . If any bad news happen than offcourse we can see 20k otherwise it will recover from here.

jeha2015

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Quote from: Godday on May 17, 2022, 09:55:59 AM

I think now Bitcoin will break through the support at $30,000 and it's not impossible that it will continue to decline but that doesn't mean Bitcoin won't be able to recover. What is happening to the crypto market at the moment can be said that the market is currently entering winter and my advice is to hold it for a long time until the market returns to spring.

one more leg down and we will see new all time high soon, whales still want accumulate their bitcoin amount by buying and re sell their stock. maybe all them waiting level around 20K before bounce hard. in few days ago bitcoin still move with limited range, break from this range we will know the market direction.

carlisle1

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Quote from: LUCKMCFLY on May 13, 2022, 09:44:43 AM

Quote from: bitcrystal on May 06, 2022, 02:57:29 PM

hopefully if we dont break 30k zone, price should bounce from there because its more psychological. what if we break the zone, it might be a free fall till the 10k zone. all these are just mere predictions.

Well, I've seen many technical analysis articles, some talk about capitulation, but the most bearish analysis I saw was that of BTC reaching $32k, from there it may come, but looking at the chart I don't think there will be a bearish movement, because I understand that every time the mass thinks that a movement will occur, the opposite happens, I think that despite all forecasts, the BTC can rise much more.

Some think that the bearish movement is a fact, but based on everything that is being generated, it would be a matter of being cautious, I would not sell for the world.

We can't avoid things to happen there are influenced that will pull the price down and it will be followed by fears and weak handed holders.

Though experienced traders will just let it pass or if they have enough spare to reinvest, they will collect and pick those cheap coins to add from

the assets that they already have. Knowing that the recovering stage will follow even if the process will take longer time, adding enough patience

and trusting your own assessment will let you gain from this kind of volatility.

Godday

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I think now Bitcoin will break through the support at $30,000 and it's not impossible that it will continue to decline but that doesn't mean Bitcoin won't be able to recover. What is happening to the crypto market at the moment can be said that the market is currently entering winter and my advice is to hold it for a long time until the market returns to spring.

frankomighty

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“We don’t know the future, but we think odds are we’re close to the bottom and don’t want in Bitcoin, after climbing steadily since early September, has suddenly leaped higher—jumping toward its all-time highs of around $20,000 per bitcoin set in late 2017.

The bitcoin price is up around 10% over the last three days, soaring toward $18,000 even as the recent equity market rally stalls.

However, some have warned a bitcoin price correction might be just around the corner—with one bitcoin price analytics company predicting bitcoin could soon fall back to just $14,000.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: only1mehedi on May 08, 2022, 10:23:21 AM

Btc is now trading at 34400$ and it can dump till the next 30000$ support. And now market trend is bearish.

Trends can change with time and they will definitely. Therefore preparing for the next is what becomes important instead of thinking the reason behind the dump. Prices will probably go up beyond the 30k mark but keep in mind that majority of stock and fiat markets are also down at this point. So be wary of what you can buy and salvage from this dump.

Don't focus only on Bitcoin but look into non-crypto sectors and buy them too. But don't go into altcoins. They are not worth the time and money you have.

LUCKMCFLY

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Quote from: bitcrystal on May 06, 2022, 02:57:29 PM

hopefully if we dont break 30k zone, price should bounce from there because its more psychological. what if we break the zone, it might be a free fall till the 10k zone. all these are just mere predictions.

Well, I've seen many technical analysis articles, some talk about capitulation, but the most bearish analysis I saw was that of BTC reaching $32k, from there it may come, but looking at the chart I don't think there will be a bearish movement, because I understand that every time the mass thinks that a movement will occur, the opposite happens, I think that despite all forecasts, the BTC can rise much more.

Some think that the bearish movement is a fact, but based on everything that is being generated, it would be a matter of being cautious, I would not sell for the world.

only1mehedi

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Btc is now trading at 34400$ and it can dump till the next 30000$ support. And now market trend is bearish.

$anounimus$

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Quote from: Frengki_cisco on April 29, 2022, 12:13:44 PM

Quote from: JangoUnchained on April 29, 2022, 02:22:43 AM

The reason why people are able to buy BTC for 3500$ was because of the covid panic of 2020 if not I don't believe that BTC could ever get that cheap, now how low do you think BTC can get to in the next bear market? It will be stupid to expect BTC to get down to a very deep price range again.

The experience of the ups and downs of Bitcoin has become an attraction in itself for investors and users, every four years there is a certain price change, it is proven from what has ever happened.

This time I believe Bitcoin will decline at the level of $20,000 or $15,000 that's confidence.

Looks like predictions for that price range are too much and even if we get there. In the end, the market seems to be recovering from its recent fall, and prices are relatively stable in other words, BTC seems determined to rise from the ashes again. Can't know for sure how low the BTC price will go down in the future, but I still don't expect it to drop back below $20,000 or $15,000 again. but anything under $30k is sure to come as a surprise if that happens over the next year.

Little_Sister

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Quote from: Rampagoe004 on May 08, 2022, 08:42:30 AM

The lowest decline in bitcoin that will occur at a time when the bear market as it is currently only occurs at the price of $ 32k and I believe this is the lowest value that will fall this year and later the value will definitely increase to the highest value as it has happened in the past year, and we must be ready in the face of the current market and the capital we have at this time is very suitable for us to invest so that later the big profits We'll get it.

The last time there was a drastic $32k market drop on news of the Russia vs Ukraine war, but only 1 day later the market returned to a drastic recovery. But is it possible that the impact of the Fed will not be able to break the recovery that will occur in the future. According to him, any news that is aimed at bringing down Bitcoin will not work but it is only the effect of ordinary market turmoil, because the big whale is playing its role behind the market to cause investor panic.

diminizio

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no one knows what will happen next. Logically with the price of bitcoin being so high, it's impossible to fall below $20k, but I think with the many surprises we've experienced while playing cryptocurrency it's not impossible. Bitcoins can grow very fast in a year they may be able to fall sharply in a few months. Rather than regretting bitcoin's fast movement, it's better to get good momentum under all circumstances.

Rampagoe004

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The lowest decline in bitcoin that will occur at a time when the bear market as it is currently only occurs at the price of $ 32k and I believe this is the lowest value that will fall this year and later the value will definitely increase to the highest value as it has happened in the past year, and we must be ready in the face of the current market and the capital we have at this time is very suitable for us to invest so that later the big profits We'll get it.

SUPERSAIAN

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After the Fed expectations, it was actually obvious that the market would react like this. Where the bottom will be, my guess is that there may be a return to 28-29k usd, and I guess it can rise sharply from there. If the Fed tightens its tight money policy a little more, we can come to the end of everything, of course, for now, until the next halving.

Ezravdb

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Quote from: ningrum on May 07, 2022, 05:51:06 AM

That's true and we can see for ourselves that market conditions are really not supportive,
but even so we don't need to worry and stay calm because this is a cycle of crypto,
I hope that market conditions will improve soon

The current market conditions are very supportive to make some purchases on the very good coins in the market because if you can be very sure of the market improvement in this year then in terms of buying good tokens and coins you should also be more confident because it will be an advantage for each individual.

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