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Topic: How low will BTC's market price go? (Read 988 times)

hero member
Activity: 1050
Merit: 844
December 25, 2022, 07:13:48 AM
it's true that this year a lot of bad news has hit crypto, but it seems the impact of the news is starting to fade and currently price movements tend to be stable. no one knows the lowest price of bitcoin, but even after this there will be another price drop I am sure that the price of bitcoin will not drop below $13k. most of people say that 2024 is a bounce point for bitcoin, so I believe before Q2 2023 we will not see any upside price movement in crypto market. so invest as much as you can because currently bitcoin price is in the bottom area.
Stable only within a price range that runs in place without any larger increases and I don't consider the current movement to be in the stable category for Bitcoin. And everyone also doesn't know whether in the next year there will be more bad news that can affect the movement of Bitcoin. Even though continuing to invest at this time is not a bad thing to do, what must be remembered is not to immediately swallow anything that is said by other people at this time because what is said may miss what is happening in reality.
full member
Activity: 1134
Merit: 100
SOL.BIOKRIPT.COM
December 25, 2022, 05:26:21 AM
it's true that this year a lot of bad news has hit crypto, but it seems the impact of the news is starting to fade and currently price movements tend to be stable. no one knows the lowest price of bitcoin, but even after this there will be another price drop I am sure that the price of bitcoin will not drop below $13k. most of people say that 2024 is a bounce point for bitcoin, so I believe before Q2 2023 we will not see any upside price movement in crypto market. so invest as much as you can because currently bitcoin price is in the bottom area.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
December 22, 2022, 08:08:46 PM
I disagree with that and I agree with the guy you respond to. I think bullishness is the way to go because we have been low for a long time and it is time that we start going up a bit more. I get that we have seen lower and lower prices for the past 13-14 months and that causes people some hopelessness and I get it.

But, I never give up hope on bitcoin and the bull run that we are going to have, and I believe 22k is not a year away, I think at most a few months and we are going to see that. Which is why I am fully invested, I do not have a dime that I can spare, all of my spare money is on bitcoin right now and I only have a bit left to live, because I believe it will go up a lot.

All hope is not lost. There's still a chance for Bitcoin to rise back up again. We just need to be patient, else we'd be losing an opportunity of a lifetime to become filthy rich. I'm in no hurry to see Bitcoin reach a new ATH in price as long as it works as intended. There's a lot of FUD surrounding crypto, especially after the collapse of a major exchange. Weak hands will sell, but strong ones will buy and "hodl" no matter what.

Ultimately, we'll be the ones laughing while haters will regret not getting into the Bitcoin train in the first place. How far will Bitcoin go will greatly depend on mainstream demand. I think it will go as low as $15k before bouncing back up to $30k. After that, there would be nothing stopping it from crossing the ATH of $64k per coin. Who knows what the future holds for the cryptocurrency? Just my opinion Smiley
sr. member
Activity: 903
Merit: 391
December 20, 2022, 06:23:26 PM
Bitcoin price as full of fallen this year nobody can testify that it has profit into bitcoin this the method of the market increment and the market decrement of Bitcoin is something that nobody can tell because I checked from bitcoin records it has been falling and falling again and again throughout the year even the December it also in the state of fallen so throughout the year I will say it is a year of disappointment in cryptocurrency
For some, maybe this year has been a year of disappointment for him, but not for me personally because I am still not disappointed with the decline that has occurred this year although on the other hand I also hope that a better price increase can occur for Bitcoin. Indeed this year will be a very different record for Bitcoin even though the decline as big as now has also occurred in 2018 even though the percentage numbers are different.
hero member
Activity: 1498
Merit: 711
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December 20, 2022, 04:35:43 PM
Our only hope lies on the block reward halving of 2024. Just buy and "hodl" now, to reap huge rewards in the future. Just my opinion Smiley
Do you know that as we expected the price of Bitcoin to rise in 2024 and in 2025, it might gotten to that time and the price of Bitcoin goes more bearish than the situation we find a price of Bitcoin now, so in nutshell, i want us to know that holding Bitcoin for long term investment, the expectations of having increment in bitcoin should be something that we should expect in next three years ahead or the bullish should come in 2023 because of long term stays of bearish market.
legendary
Activity: 2086
Merit: 1058
December 20, 2022, 10:43:31 AM
I love your bullishness, we need more of it in these gloomy times.

IMO we won't see anything above 22k for another year, but I prefer to be ready for the worst if it's even possible.

I'm 100% sure of a couple things though:
We'll see another bull run in less than 3 years.
Next bull run will take us above the previous all time high
Bitcoin will never again go below the last bear market lows of 3k USD.

Knowing the above, I'm ready for whatever else I have to endure due to FUD, government attacks, market manipulation and all that. I know I've already won by holding bitcoin and I can only win more in time. There's no way for me to lose.

Make sure you hold as much bitcoin as you can and wait out the fear, as it will pass.
I disagree with that and I agree with the guy you respond to. I think bullishness is the way to go because we have been low for a long time and it is time that we start going up a bit more. I get that we have seen lower and lower prices for the past 13-14 months and that causes people some hopelessness and I get it.

But, I never give up hope on bitcoin and the bull run that we are going to have, and I believe 22k is not a year away, I think at most a few months and we are going to see that. Which is why I am fully invested, I do not have a dime that I can spare, all of my spare money is on bitcoin right now and I only have a bit left to live, because I believe it will go up a lot.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
December 20, 2022, 06:22:04 AM
You think so?
Another low might be possible although we have lesser days left to roll over the next year but let's see what would be the outcome of the price action. Hey mate, the last thing you could do is to trust some crypto news or even taking advice from traders which you think that knows more than you just stick to your portfolio and hold  your bitcoin rather paying attention to whatever news that may rose from some people over the media.

It's likely Bitcoin will continue to decline in price due to the fragility of the global economy. It's going to take quite a long time before Bitcoin goes all the way to the moon. To make matters worse, the crypto industry witnessed the collapse of a major exchange. This should put additional pressure over Bitcoin's price over the next months.

Our only hope lies on the block reward halving of 2024. Just buy and "hodl" now, to reap huge rewards in the future. Just my opinion Smiley
member
Activity: 686
Merit: 21
December 19, 2022, 05:07:52 PM
Bitcoin price as full of fallen this year nobody can testify that it has profit into bitcoin this the method of the market increment and the market decrement of Bitcoin is something that nobody can tell because I checked from bitcoin records it has been falling and falling again and again throughout the year even the December it also in the state of fallen so throughout the year I will say it is a year of disappointment in cryptocurrency
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
December 19, 2022, 04:46:54 PM
Until now we are still optimistic that the market will continue to improve, slowly the market continues to rise and I'm sure in December it can rise at least 10% or reach $ 19K, of course many things can make bitcoin can rise again and in my opinion negative issues such as the FTX case can subside.

Definitely as per many people’s calculations, Bitcoins will cross 20k usd in this year. I know issues like FTX etc, have really hampered the growth of Bitcoins, but believe me, this time Bitcoins won’t stop. So if anyone is waiting for more low price for Bitcoins and haven’t bought enough Bitcoins, then my friend you are doing a huge mistake. Just buy as many Bitcoins as you can, as next year Bitcoins will break records. Buy Bitcoins now and enjoy profits more than 100% next year. We have to just wait and be patient.

I love your bullishness, we need more of it in these gloomy times.

IMO we won't see anything above 22k for another year, but I prefer to be ready for the worst if it's even possible.

I'm 100% sure of a couple things though:
We'll see another bull run in less than 3 years.
Next bull run will take us above the previous all time high
Bitcoin will never again go below the last bear market lows of 3k USD.

Knowing the above, I'm ready for whatever else I have to endure due to FUD, government attacks, market manipulation and all that. I know I've already won by holding bitcoin and I can only win more in time. There's no way for me to lose.

Make sure you hold as much bitcoin as you can and wait out the fear, as it will pass.
The key on here is that you should really make yourself that prepared for whatever circumstances that we might face up because this market is always been unpredictable.There's no way we could be able to

determine on what the future looks like.Yes, we could really be that optimistic or pessimistic towards the market and this isnt something thats new because we've been through on lots of particular situation

which we do really stick up those things that might happened in the future.It all matters with the demand and there's no way we could determine on where it would be heading.
This what makes this market is really hard to predict or deal with and this is why lots do throw out lots of assumptions and speculations circling around.
legendary
Activity: 2478
Merit: 1360
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December 19, 2022, 03:55:13 PM
#99
Until now we are still optimistic that the market will continue to improve, slowly the market continues to rise and I'm sure in December it can rise at least 10% or reach $ 19K, of course many things can make bitcoin can rise again and in my opinion negative issues such as the FTX case can subside.

Definitely as per many people’s calculations, Bitcoins will cross 20k usd in this year. I know issues like FTX etc, have really hampered the growth of Bitcoins, but believe me, this time Bitcoins won’t stop. So if anyone is waiting for more low price for Bitcoins and haven’t bought enough Bitcoins, then my friend you are doing a huge mistake. Just buy as many Bitcoins as you can, as next year Bitcoins will break records. Buy Bitcoins now and enjoy profits more than 100% next year. We have to just wait and be patient.

I love your bullishness, we need more of it in these gloomy times.

IMO we won't see anything above 22k for another year, but I prefer to be ready for the worst if it's even possible.

I'm 100% sure of a couple things though:
We'll see another bull run in less than 3 years.
Next bull run will take us above the previous all time high
Bitcoin will never again go below the last bear market lows of 3k USD.

Knowing the above, I'm ready for whatever else I have to endure due to FUD, government attacks, market manipulation and all that. I know I've already won by holding bitcoin and I can only win more in time. There's no way for me to lose.

Make sure you hold as much bitcoin as you can and wait out the fear, as it will pass.
STT
legendary
Activity: 4102
Merit: 1454
December 19, 2022, 03:54:29 PM
#98
Its not really the low price Iam worried about to be honest, thats just the shop dressing for the window shoppers to look on and be impressed or concerned about.   Price is the final result of all kinds of things including just simple human perception regardless of underlying strength or weakness, it often seems as we rise in price when we probably shouldn't or there is just no good reason vice versa we can go lower and it can be incorrect.  
   Duration is more of a real consideration, just whats the time length for this lull.   If people knew a certain price objective at a certain time then you see far greater confidence, its like herding sheep I think.  We have uncertainty ongoing so the price is almost secondary to that overlying influence some it is external imo.
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
December 19, 2022, 03:06:48 PM
#97
Currently there are still a lot of FUDs spread across various online media, social media and so on, many are panicking so they sell bitcoin and of course the price continues to drop, but there is a good thing that the price can still stay at the $16k level, I'm not afraid if the price drop again because I'm focused on long term goals, I will sell if the price can touch at least $45k or 3x the current price.
Yes, if we all put bitcoin in our long-term portfolio, i.e. hold it for many years, it is normal for bitcoin to drop in price, nothing too scary. 1BTC is 1BTC, so a falling price against USD doesn't reduce our bitcoin, so why should we worry?  Bitcoin goes down and then goes up, that's the law of the market, so as long as we don't sell when it falls and only sell when the price recovers, we will never lose.

Not everyone will understand this thing, because they don't know Bitcoin properly. It is important to focus on long-term planning when the market offers opportunities. What we once considered the top price of Bitcoin is now considered the price e bottom. So here's a rough guess as to what the market situation might be after the next five years. Because the price of Bitcoin will change not the amount of Bitcoin. I think smart investors are just strengthening their positions.
hero member
Activity: 1498
Merit: 785
December 19, 2022, 12:35:44 PM
#96
Until now we are still optimistic that the market will continue to improve, slowly the market continues to rise and I'm sure in December it can rise at least 10% or reach $ 19K, of course many things can make bitcoin can rise again and in my opinion negative issues such as the FTX case can subside.

Definitely as per many people’s calculations, Bitcoins will cross 20k usd in this year. I know issues like FTX etc, have really hampered the growth of Bitcoins, but believe me, this time Bitcoins won’t stop. So if anyone is waiting for more low price for Bitcoins and haven’t bought enough Bitcoins, then my friend you are doing a huge mistake. Just buy as many Bitcoins as you can, as next year Bitcoins will break records. Buy Bitcoins now and enjoy profits more than 100% next year. We have to just wait and be patient.

In fact it will be difficult for bitcoin to break through 20k at the end of the year, currently it is still at the $16.6k level, it is still far from happening at that price.
It is clear that other FTX and FUD issues can hinder market movements from recovering again, now they are still being hit by a red storm, which means that there is still a very small possibility for bitcoin to recover quickly, except for just waiting for really positive sentiment to come.

Next year bitcoin will break the record? What do you mean by ATH? I think it's an exaggeration because 2023 still doesn't determine bitcoin will move at the beginning except maybe at the end of 2023 and even then it won't be a new record.
hero member
Activity: 2660
Merit: 651
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December 19, 2022, 12:06:37 PM
#95
Currently there are still a lot of FUDs spread across various online media, social media and so on, many are panicking so they sell bitcoin and of course the price continues to drop, but there is a good thing that the price can still stay at the $16k level, I'm not afraid if the price drop again because I'm focused on long term goals, I will sell if the price can touch at least $45k or 3x the current price.
The price of the Bitcoin market will dip until the bearish season is over, the FUDs spread across the online social media outlets are just something that will trigger the bottom price of the bearish market and they are not the major reason the market bearish. What we are seeing now is just the replication of the 4years cycle in which the bottom price will happen through negative news just like when Steve Wozniak publicly announced the selling of his BTC holding in the year 2018 if I could remember.
STT
legendary
Activity: 4102
Merit: 1454
December 19, 2022, 11:45:57 AM
#94
Until Dollar index trades under 103 we are probably in a holding loop as far as BTC price is concerned.   Lower or higher during this time doesnt matter too much, its bouncing around a box contained by the larger situation which is the world greatly favors Dollar right now.  Even after Dollar weakens a little and markets become more speculative there is a second stage of support, previously Dollar was trending down over multiple years and markets were very free and expansive but not currently.
sr. member
Activity: 903
Merit: 391
December 19, 2022, 11:33:26 AM
#93
Currently there are still a lot of FUDs spread across various online media, social media and so on, many are panicking so they sell bitcoin and of course the price continues to drop, but there is a good thing that the price can still stay at the $16k level, I'm not afraid if the price drop again because I'm focused on long term goals, I will sell if the price can touch at least $45k or 3x the current price.
As long as you can still focus on the long term and will never panic with a drop in prices at the end of this year. One day you will definitely win by getting more profit if the target selling price that you set can happen. FUD has always existed and there is no need to be consumed with that influence for now because the goal of the people who created FUD is to destroy the market and Bitcoin

Yes, if we all put bitcoin in our long-term portfolio, i.e. hold it for many years, it is normal for bitcoin to drop in price, nothing too scary. 1BTC is 1BTC, so a falling price against USD doesn't reduce our bitcoin, so why should we worry?  Bitcoin goes down and then goes up, that's the law of the market, so as long as we don't sell when it falls and only sell when the price recovers, we will never lose.
The most natural thing to happen is an increase in price when there are more people who are willing to hold Bitcoin, not a decrease that occurs. Because the price decline occurs is when there are many people who are still selling Bitcoin due to panic with the many FUD news in various media at this time. And for the size of 1 BTC is 1 BTC, I don't think it needs to be disclosed because as long as the holder does not reduce his assets, it is clear that his assets will not decrease even if their value decreases.
sr. member
Activity: 1246
Merit: 263
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December 19, 2022, 10:19:24 AM
#92
Currently there are still a lot of FUDs spread across various online media, social media and so on, many are panicking so they sell bitcoin and of course the price continues to drop, but there is a good thing that the price can still stay at the $16k level, I'm not afraid if the price drop again because I'm focused on long term goals, I will sell if the price can touch at least $45k or 3x the current price.
Yes, if we all put bitcoin in our long-term portfolio, i.e. hold it for many years, it is normal for bitcoin to drop in price, nothing too scary. 1BTC is 1BTC, so a falling price against USD doesn't reduce our bitcoin, so why should we worry?  Bitcoin goes down and then goes up, that's the law of the market, so as long as we don't sell when it falls and only sell when the price recovers, we will never lose.
copper member
Activity: 2268
Merit: 539
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December 19, 2022, 09:13:12 AM
#91
Until now we are still optimistic that the market will continue to improve, slowly the market continues to rise and I'm sure in December it can rise at least 10% or reach $ 19K, of course many things can make bitcoin can rise again and in my opinion negative issues such as the FTX case can subside.

Definitely as per many people’s calculations, Bitcoins will cross 20k usd in this year. I know issues like FTX etc, have really hampered the growth of Bitcoins, but believe me, this time Bitcoins won’t stop. So if anyone is waiting for more low price for Bitcoins and haven’t bought enough Bitcoins, then my friend you are doing a huge mistake. Just buy as many Bitcoins as you can, as next year Bitcoins will break records. Buy Bitcoins now and enjoy profits more than 100% next year. We have to just wait and be patient.
legendary
Activity: 1974
Merit: 1108
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December 19, 2022, 06:49:46 AM
#90
snip
We never know what will happen in the future, and if it is something that is really bad for crypto then the market can never escape the panic of traders. $15.5K was the lowest since bitcoin's last ATH so far, but it's always possible to find another low even though bitcoin is currently trading at $18K.

FTX events are something unexpected for crypto, but something like this has been warned by some users. So it's always possible to see another bad thing happen to crypto, especially something that will impact the market. Right now I'm really hoping $15.5K is the low for 2022, so there shouldn't be another low for the rest of the year.

You think so?
Another low might be possible although we have lesser days left to roll over the next year but let's see what would be the outcome of the price action. Hey mate, the last thing you could do is to trust some crypto news or even taking advice from traders which you think that knows more than you just stick to your portfolio and hold  your bitcoin rather paying attention to whatever news that may rose from some people over the media.
The rest of the year is only 10 days, so it's highly unlikely that bitcoin will make a new low, but it's all conjecture, as bitcoin can't be predicted. Bitcoin is unlikely to make a new bottom, but it will also be hard to see a spike in bitcoin's recovery for the rest of the year.  The current situation is that I really believe we haven't reached the final bottom in this bear season, I still predict bitcoin to drop below 15k and possibly as low as 12k.
DCG fund is still selling their assets, and the FUd around the asset audits of the exchanges is very tense, so a new bottom is likely to happen soon.
sr. member
Activity: 1792
Merit: 255
December 19, 2022, 06:03:04 AM
#89
Currently there are still a lot of FUDs spread across various online media, social media and so on, many are panicking so they sell bitcoin and of course the price continues to drop, but there is a good thing that the price can still stay at the $16k level, I'm not afraid if the price drop again because I'm focused on long term goals, I will sell if the price can touch at least $45k or 3x the current price.
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