How low will BTC's market price go? - page 2.

Adbitco

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Quote from: ShowOff on December 14, 2022, 12:22:39 PM

Quote from: Adbitco on December 14, 2022, 11:05:06 AM

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.

Ani1985

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The price of bitcoin is still fluctuating, FUDS which is increasingly massive after the FTX case makes many people sell all Bitcoin assets, but this month looks stable and has the opportunity to rise, but we must be prepared and vigilant because bad trends can happen again and make the price will drop again.

South Park

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Quote from: ShowOff on December 14, 2022, 12:22:39 PM

Quote from: Adbitco on December 14, 2022, 11:05:06 AM

I don't think there will be anything which would affect bitcoin price to go lower than this price, the aforementioned tragic that was caused months ago coupled with FTX could have been the major things that would have brought it to the lower part of 10k or even lower but yet bitcoin still survived the heat and keep dangling around $15k to $18k, i believe the next movement would likely touches $20k within the remaining part of the year.

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.

It is nice that bitcoin is finally trading above 18k as this is a price we have not seen for some time, but just as you mention a new low could always happen, after all we know that whales are not above manipulating the market and this could be a bull trap, with this in mind it is important to always try to remain as objective as possible when we make our predictions so as to not become a victim of their schemes, as it is possible many traders will begin to trade aggressively the markets only to lose even more money if we get yet another drop in the price.

ShowOff

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Quote from: Adbitco on December 14, 2022, 11:05:06 AM

I don't think there will be anything which would affect bitcoin price to go lower than this price, the aforementioned tragic that was caused months ago coupled with FTX could have been the major things that would have brought it to the lower part of 10k or even lower but yet bitcoin still survived the heat and keep dangling around $15k to $18k, i believe the next movement would likely touches $20k within the remaining part of the year.

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.

Adbitco

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I don't think there will be anything which would affect bitcoin price to go lower than this price, the aforementioned tragic that was caused months ago coupled with FTX could have been the major things that would have brought it to the lower part of 10k or even lower but yet bitcoin still survived the heat and keep dangling around $15k to $18k, i believe the next movement would likely touches $20k within the remaining part of the year.

darewaller

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Quote from: Abiky on December 12, 2022, 03:03:20 PM

We can't expect prices to rise after everything crypto has gone through the course of 2022. A lot of things need to settle down, before crypto could rise back to its former glory. The FTX collapse is very similar to the Mt. Gox collapse, so it's likely confidence into crypto will be restored after some time has passed.

I think Bitcoin will continue to decline in price, especially when "The FED" will keep raising interest rates. Maybe it'll go as low as $10k the next year? The crypto market is widely unpredictable so we can only hope for the best. Just my thoughts Cheesy

I feel like it has been long enough time. I get that FTX is recent but that doesn't mean that we are looking at something just recent, we are looking at everything together, we are looking at all of 2022 and how it has gone down. Doesn't mean that we are not going to see any more bear market, of course it can continue some more but I feel like we have seen all we should see and from here on out we should be starting to just go up.

Enough with everything that has happened and time for us to start to heal. Maybe I am just alone with this thought, but I am sick and tired of all the bear approach to crypto, too many people lost hope, we should be starting to gain that a bit back.

Abiky

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Quote from: Baofeng on December 09, 2022, 05:34:46 PM

Yeah, the only difference is that we are about to hit the peak at December 2017 with it's massive bull run.

But this 2022, it's the first year of a massive decline in price, from $69k to what kind of price we will see at the end of this month and obviously the year. So I also doubt that we will see $20k, most probably this will be the boundaries that we are moving till the end of December, around $17k'ish.

If there is no FTX collapse, probably is, we are going to close maybe in the vicinity of $20k. But it is what it is. So we will have to accept what the market will offer to us.

We can't expect prices to rise after everything crypto has gone through the course of 2022. A lot of things need to settle down, before crypto could rise back to its former glory. The FTX collapse is very similar to the Mt. Gox collapse, so it's likely confidence into crypto will be restored after some time has passed.

I think Bitcoin will continue to decline in price, especially when "The FED" will keep raising interest rates. Maybe it'll go as low as $10k the next year? The crypto market is widely unpredictable so we can only hope for the best. Just my thoughts Cheesy

iamsange

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Quote from: Punakawan on December 09, 2022, 10:04:31 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.

The negative issues from the cases that have befallen FTX can indeed subside, but that does not mean that the world market and economy will improve soon. Because as long as the recession and inflation are still happening at this time and also in the next year, improvements in all markets may take a very long time to happen and even take a long time for this.

For the price of Bitcoin itself, I personally still believe that it will increase as long as the increase is not in a larger range, because corrections and decreases can still occur suddenly at this time and that will make traders and investors a little reluctant to bring more money into the market.

Punakawan

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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.

Oceat

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Quote from: 19Nov16 on December 09, 2022, 10:16:46 AM

Many analysts say that the price of bitcoin has the opportunity to drop even under $ 12k, but if you look at this week's movement we deserve to be optimistic that the price of $ 15k is the lowest position, of course still need a big test like the end of the year that people usually need cash for a vacation and prepare forr the year new.

We can't say what or where the price will go since it all depends on the supply and demand plus the news might make a little touch but that's it. This is what happens when there's a bearish trend and I remember that during holidays the price tend to drop but during bull run it doesn't happen when in 2018 it does then completely gone to bearish.

We can't really expect what's going to happen in the market but one thing is for sure, this bearish trend will pass. It's time to buyback with its cheaper price actually since during bull run you won't get this price and imagine how long you would wait to see this price again?

Captain Corporate

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It is clear that many people expect even more volatility because it has happened a few times already, but the reality is that its not really going to happen that quickly and frequently. I get that all that FTX stuff made people consider maybe another thing will happen to crash the prices and then another and then another, like that's somehow the way we would go back to 3-4k levels where we used to be. However, that's not really that easy, the amount of money that requires to sell all those bitcoins would be way too high, like really not that possible. Hence, we are not going to go down that much, we are at a very good level, 15k+ is where it will stay at.

Baofeng

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Quote from: GreatArkansas on December 05, 2022, 10:55:13 PM

Quote from: ginsan on December 02, 2022, 03:52:29 PM

We have entered the end of the year where this December we will be honored with a bounce to reach $20k. well, if this happens, I think the price of btc in the next year will be able to provide a big return for holders who enter at the current price. A strong bounce is expected and we hope that btc can break the resistance point at $20k this December.
(....)

If this will happen, then the memories of December 2017 and December 2020 is back. We all know during this time before, Bitcoin price action where unstable to go up only and was considered as the pre-bull market season before.
But this time, we came from the $69k price of Bitcoin, and now we are trading below $20,000. So for me, if this will happen again, I'm not expecting to create a new all-time-high next year.
But it's ok for me, I'm just fine, and also good for the market if we will see huge upward price action for this month.

Yeah, the only difference is that we are about to hit the peak at December 2017 with it's massive bull run.

But this 2022, it's the first year of a massive decline in price, from $69k to what kind of price we will see at the end of this month and obviously the year. So I also doubt that we will see $20k, most probably this will be the boundaries that we are moving till the end of December, around $17k'ish.

If there is no FTX collapse, probably is, we are going to close maybe in the vicinity of $20k. But it is what it is. So we will have to accept what the market will offer to us.

19Nov16

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Many analysts say that the price of bitcoin has the opportunity to drop even under $ 12k, but if you look at this week's movement we deserve to be optimistic that the price of $ 15k is the lowest position, of course still need a big test like the end of the year that people usually need cash for a vacation and prepare forr the year new.

GreatArkansas

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Quote from: ginsan on December 02, 2022, 03:52:29 PM

We have entered the end of the year where this December we will be honored with a bounce to reach $20k. well, if this happens, I think the price of btc in the next year will be able to provide a big return for holders who enter at the current price. A strong bounce is expected and we hope that btc can break the resistance point at $20k this December.
(....)

If this will happen, then the memories of December 2017 and December 2020 is back. We all know during this time before, Bitcoin price action where unstable to go up only and was considered as the pre-bull market season before.
But this time, we came from the $69k price of Bitcoin, and now we are trading below $20,000. So for me, if this will happen again, I'm not expecting to create a new all-time-high next year.
But it's ok for me, I'm just fine, and also good for the market if we will see huge upward price action for this month.

Abiky

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Quote from: Vinaa77 on December 03, 2022, 03:46:00 PM

Many predict that the Bitcoin price will be lower than the current price. It would even be under $15k in price. This is also due to the many polemics that have occurred with crypto so far. Russia's war with Ukraine made global economic growth even worse, and this has had a huge effect on crypto. As you mentioned, the problems of Luna and FTX also had a negative impact on the growth of the Bitcoin price. But this condition will soon improve. I think there will be new investors who will improve this atmosphere.

There are a lot of negative events in the real world that will ultimately push Bitcoin's price all the way down the drain (at least within the short term). If you've been into crypto for a long time, you'll notice that history has repeated itself. There's always a time where prices go all the way down the drain due to FUD and other unfortunate events. But Bitcoin always bounces back after a severe market "bloodbath".

I believe this is only an opportunity for you to buy more coins at a huge discount. Once everything goes up again, Bitcoin may not be worth less than $15k ever again. Who knows if making the right decision today would lead you towards untold riches in the future? Just my opinion

Vinaa77

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Quote from: Abiky on November 23, 2022, 05:33:11 PM

This year has been full of catastrophes for the crypto/Blockchain industry. First it was the Russo-Ukraine war, then the Terra/LUNA implosion, and most recently, the FTX collapse. All of this had severely affected Bitcoin's market price. The pioneer cryptocurrency used to trade between $20k - $25k, but now it's trading at $16k - $15k per coin. I know investing in Bitcoin is for the long haul, but I'm curious how low its price will go before bouncing all the way back up again? Some people say Bitcoin will go lower than current market prices as the effects of the FTX collapse haven't materialized yet. There are many companies and projects (like Solana) which had investments on FTX, so it's likely BTC will see more pain ahead before the dust settles.

What would be your predictions? Your input will be greatly appreciated. Thank you.

Many predict that the Bitcoin price will be lower than the current price. It would even be under $15k in price. This is also due to the many polemics that have occurred with crypto so far. Russia's war with Ukraine made global economic growth even worse, and this has had a huge effect on crypto. As you mentioned, the problems of Luna and FTX also had a negative impact on the growth of the Bitcoin price. But this condition will soon improve. I think there will be new investors who will improve this atmosphere.

Oilacris

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Quote from: jaberwock on December 03, 2022, 02:32:02 PM

Quote from: Pejoh Asu on December 01, 2022, 09:22:52 AM

Sometimes we have to dare to speculate to change our lives, if our lives are more than 10 years there are no big changes, then it's time to dare to take risks, lose or multiply, I've experienced a good moment in 2017 when buying bitcoin under $ 5000 at the beginning Last year sold at $ 12k and I will try again the luck.

I am not sure if that's always the case. I have been living basically the same life for the past 7 years or so, and I can easily tell you that I can't dare to change it. Doesn't mean that my life is yacht parties and dinners at Paris lunch in Madrid type of life, my life is stay at home and work freelance and then watch netflix and then sleep, that's my entire life.

And to be perfectly honest with you there is a good chance that I will live like this until I am 60 if I live that long, and then retire, probably retire a bit earlier thanks to crypto, maybe 50. That is why it's not easy to change life because if you are not poor but not rich, that means it's hard to take those risks.

When you are taking the much safer side or less risk kind of path then you would really be having this kind of living which i could say that you and I is really just the same.Im contented on what im really

that earning and as long i do make out some allocation for saving up for future possible profits then thats what im doing.Im not really wasting up my time and my coins to be spent into something which
it isnt worth nor really that sensible on doing so.Although we could say that there's no assurance on how the future works or what are the things that could happen but at least we are really taking that
lesser risk kind of route which you know that you are really that prepared for whatever outcome that it will really be happening.You are prepared
and anticipating both negative and positive and thats the key.

jaberwock

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Quote from: Pejoh Asu on December 01, 2022, 09:22:52 AM

Sometimes we have to dare to speculate to change our lives, if our lives are more than 10 years there are no big changes, then it's time to dare to take risks, lose or multiply, I've experienced a good moment in 2017 when buying bitcoin under $ 5000 at the beginning Last year sold at $ 12k and I will try again the luck.

I am not sure if that's always the case. I have been living basically the same life for the past 7 years or so, and I can easily tell you that I can't dare to change it. Doesn't mean that my life is yacht parties and dinners at Paris lunch in Madrid type of life, my life is stay at home and work freelance and then watch netflix and then sleep, that's my entire life.

And to be perfectly honest with you there is a good chance that I will live like this until I am 60 if I live that long, and then retire, probably retire a bit earlier thanks to crypto, maybe 50. That is why it's not easy to change life because if you are not poor but not rich, that means it's hard to take those risks.

Hamphser

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Quote from: STT on December 02, 2022, 04:59:15 PM

Topics like this are the good guidance for crowd sentiment, when we have a page full of when 100k? then be on your best guard because we can take fall with such lack of doubt we may more easily trip. When the page is full of its the end of the world, all hope is gone there is nothing but negative reflecting then ironically seller exhaustion can occur just as it also becomes most apparent and see through; worn out we may become bullish then.
I still think it'll take time to transform and things like the moving average will be gaining not losing so reflecting a change in momentum. When all those factors align we click into place a change in gear and may more easily ascend.

You could really see into this forum;

When 100k?
When 1M/coin?
When 500k?

on contrary

How low Bitcoin price will go?
10k possible?
3k is the lowest price

and so forth....

This is why its really that good to read up these threads and try out to be aware and realize on how the community do really react out
with these kind of speculations that do keep on circling around.If you've been on this market for a while then you are already that numb when it comes to
these kind of speculations and views.We do know that there's no way on predicting out on where it would be going and this is the toughest and most challenging thing ever once we do deal up
with Bitcoin and make out investment on it which we dont know on where it would be heading out. Therefore, risk taking would be the main key on here.

STT

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Topics like this are the good guidance for crowd sentiment, when we have a page full of when 100k? then be on your best guard because we can take fall with such lack of doubt we may more easily trip. When the page is full of its the end of the world, all hope is gone there is nothing but negative reflecting then ironically seller exhaustion can occur just as it also becomes most apparent and see through; worn out we may become bullish then.
I still think it'll take time to transform and things like the moving average will be gaining not losing so reflecting a change in momentum. When all those factors align we click into place a change in gear and may more easily ascend.

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