if you think 18k btc is low wait until autumn ...

wmaurik

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Quote from: kingvirtus09 on November 29, 2023, 09:51:36 AM

Why do you expect Bitcoin to fall below 18k these days? I don't think that is possible anymore, because it is obvious that we are now in a bullish trend and we are no longer in a downtrend or bearish season, as it is called.

It seems that you also have to be more observant in looking at the date when someone said that, because what the OP said has been going on for more than a year so you can't blame the OP for today just because you forgot to look at the date when the OP said it. Because Bitcoin is always in a different condition this year so it wouldn't make sense if you compared it with Bitcoin's condition last year, especially if it's been more than a year.

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And for sure, you know that, especially since we are getting close to Bitcoin halving next year, maybe by the beginning of January and February there will be another rally in the market in terms of the price value of Bitcoin, and for sure, the top cryptocurrencies in the market will also follow suit.

If at that time the OP knew about this, maybe he would have said something more different on this topic, because I see that the OP has not been active for a long time and the last time he was active was on October 12, 2022. This means that we need to address this differently because Market conditions and the price of Bitcoin itself are also very different from what the OP said at that time.

strunberg

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Quote from: kingvirtus09 on November 29, 2023, 09:51:36 AM

Why do you expect Bitcoin to fall below 18k these days? I don't think that is possible anymore, because it is obvious that we are now in a bullish trend and we are no longer in a downtrend or bearish season, as it is called.

And for sure, you know that, especially since we are getting close to Bitcoin halving next year, maybe by the beginning of January and February there will be another rally in the market in terms of the price value of Bitcoin, and for sure, the top cryptocurrencies in the market will also follow suit.

Sorry bro but it looks like the OP made this thread in 2022 and it's been over a year and a half since he made the thread. So I think there is nothing wrong with his prediction which mentioned that number. Now we are in a bullish season where BTC prices will continue to rise and I am sure we will break new records in 2024.

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Quote from: gweb1996 on June 18, 2022, 01:16:44 PM

if you think 18k btc is low wait until autumn ...

I think it will reach 500-1000 USD max as you can't use to sell stuff and big whales already moved their money ...

In 2019 btc was already 9000-10000 USD , do to pandemic people invested a lot in btc.

Why do you expect Bitcoin to fall below 18k these days? I don't think that is possible anymore, because it is obvious that we are now in a bullish trend and we are no longer in a downtrend or bearish season, as it is called.

And for sure, you know that, especially since we are getting close to Bitcoin halving next year, maybe by the beginning of January and February there will be another rally in the market in terms of the price value of Bitcoin, and for sure, the top cryptocurrencies in the market will also follow suit.

wiss19

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Quote from: Argoo on November 23, 2023, 09:23:02 AM

A few months before the halving, whales can arrange a temporary drop in the price of Bitcoin so that weak hands of newcomers dump more and thus the whales can buy up potential cryptocurrency. Therefore, in the near future, I still assume a significant drop in the price of Bitcoin, but not for a long period.

There is no doubt that the whales usually manipulate the prices just for their own gains but I don't think they will be forcing it too much now since they have already been able to fill their bags at around $16k earlier last year unless they decide to take profits around $40k and then decide to buy more lower and start creating FUD and making weak retail investors sell their assets so that the market can take a dump and they can buy more at a lower price.

However, I don't see the price of Bitcoin going anywhere below $30k anymore since we are just a month away from the new year and once the new year starts, the market will probably enter the recovering mode from that point onwards, and the first couple of months will be crucial in that regard.

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Quote from: MFahad on November 25, 2023, 12:19:17 PM

Quote from: Argoo on November 23, 2023, 09:23:02 AM

The next Bitcoin halving should take place on April 7, 2024. There are less than five months left before this grand event, which many in the cryptocurrency market are eagerly awaiting. A few months before the halving, whales can arrange a temporary drop in the price of Bitcoin so that weak hands of newcomers dump more and thus the whales can buy up potential cryptocurrency. Therefore, in the near future, I still assume a significant drop in the price of Bitcoin, but not for a long period. Closer to the fall of next year, we should see another cryptocurrency price boom.

Halving helps in the boosting of bitcoins price but everyone is already prepared to take benefit from halving therefore as they achieve their target they will definitely sell their bitcoin which will create another bear market. Bull and bear market is two particularly events of cryptocurrency that both are beneficial but it is upto us that are we making negative or positive use of it.

About future we cannot guess anything but it is normal that sometimes price will drop and sometimes price will increase. Many people have made investment in Bitcoin or still they are buying because of halving. Halving is an essential part so those who become able to buy bitcoin are taking forward step wisely while others who are still waiting that price will goes down and they will then buy bitcoin so they are just wasting their time.

Bitcoin usually follows the four year cycle and every four years, we have bitcoin halving where the bitcoin miner's reward is cut in half and due to this reason, we see new all-time highs and a bull market in the bitcoin price.

It is not a coincidence that we see this price action every four years, in fact the bitcoin is programmed in such a way and if the bitcoin does not reach new highs, the miners may not be interested in mining bitcoins with the same resources but getting half the reward.

The price in factor keeps miners motivated to keep mining the blocks because they get high prices for every bitcoin mined.

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Quote from: panganib999 on November 25, 2023, 06:47:25 PM

Prices are harder to define and determine even more when it comes to cryptocurrencies, they are exceptionally volatile, and are more driven by the emotions of the market compared to logical and tangible factors unlike stocks and bonds. I oftentimes say that the only advantage expert traders have against newbies is that they get to choose which coin to invest in and newbies are just there to wait, and that is the truth in this industry more often than not. Although this doesn't mean that traders should just go apeshit on whichever coin they want and not learn fundamentals anymore.

The cryptocurrency market is indeed highly volatile and driven by emotions, making it more challenging to predict prices and make informed investment decisions. Expert traders have an advantage over newbies in that they possess a deeper understanding of market dynamics, technical analysis, and fundamental factors that influence cryptocurrency prices.

However, even experienced traders cant guarantee success in this volatile market. The emotional nature of the crypto market often leads to irrational exuberance and panic-driven selling, causing significant price swings. This unpredictability makes it difficult for anyone, regardless of their expertise, to consistently make profitable trades.

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Quote from: Bitcoin_people on November 04, 2023, 10:50:44 AM

Quote from: gweb1996 on June 18, 2022, 01:16:44 PM

if you think 18k btc is low wait until autumn ...

I think it will reach 500-1000 USD max as you can't use to sell stuff and big whales already moved their money ...

In 2019 btc was already 9000-10000 USD , do to pandemic people invested a lot in btc.

We have seen the price of Bitcoin drop to around $15,000 at one point. Even a few months ago Bitcoin price was in dire straits many investors thought it could go further down but it turned out to be quite the opposite. Currently we can definitely see by looking at the position of Bitcoin that maybe Bitcoin will not go to that position but now it is time to go higher in the market. Now that Bitcoin is close to $35k we see no reason to come to $18000 now and won't come here. The price of Bitcoin may have dropped a lot during the autumn, but now the market is pumping well. But I think Bitcoiners will not have to see this bearish market again as we have good things ahead.

we will never see bitcoin at $15k again in the future, because it has been repeatedly done by bitcoin that it will never reach the all time low again after reaching another all time high and the bottom price of bitcoin even after bearish will be around $30K i think and thats already good enough price for bitcoin in my opinion even though thats just speculation but its proven that after every halving bitcoin price always increase, its as if the halving is the sign that bitcoin will become more scarcier therefore its always good to accumulate.
autumn just started and nothing of significance happening towards bitcoin I guess this prediction is irrelevant now.

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Quote from: wallet4bitcoin on November 25, 2023, 01:49:57 PM

Bitciin price is highly volatile, this is a universal knowledge but its volatility doesn't translate to the degree of fall expected by the OP.

With a graphical illustration, if the OP had proven from chart that his points are factual, I will have given it a second thought but it's not possible as the chart only shows higher-highs and no lower lows in recent times.
Bitcoin price is ever growing

Even if he laid the chart out like Nicholas Cage when he's in the National Treasures the market would still be have the last say in everything. Just cause you made "nice predictions backed by charts and intelligent guesses", doesn't necessarily equate to you having the credibility to predict the market's behavior. It just shows that you know the basics of trading and investing in cryptocurrencies.

Prices are harder to define and determine even more when it comes to cryptocurrencies, they are exceptionally volatile, and are more driven by the emotions of the market compared to logical and tangible factors unlike stocks and bonds. I oftentimes say that the only advantage expert traders have against newbies is that they get to choose which coin to invest in and newbies are just there to wait, and that is the truth in this industry more often than not. Although this doesn't mean that traders should just go apeshit on whichever coin they want and not learn fundamentals anymore.

erep

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Quote from: wallet4bitcoin on November 25, 2023, 01:49:57 PM

Bitciin price is highly volatile, this is a universal knowledge but its volatility doesn't translate to the degree of fall expected by the OP.

With a graphical illustration, if the OP had proven from chart that his points are factual, I will have given it a second thought but it's not possible as the chart only shows higher-highs and no lower lows in recent times.
Bitcoin price is ever growing

I think he doesn't have the basic facts for that speculation, the price of bitcoin is unlikely to return to $1k for any market conditions even the price of bitcoin is currently recovering at its highest price point, so he makes unrealistic speculations that don't match the facts of the crypto market, but everyone are smart in choosing the right news from trusted sources and they will not believe speculation without the support of an explanation that explains some points on the graph that indicate market prices will be negative in the fall.

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It would be very difficult to find any black swain, even that will crash the price of Bitcoin to $1k again. I believe most of the Bitcoins now have moved to the whales and strong hands' hand now, a very good example is the recent Binance fine, before the market would have crashed, taken $4 billion out of the market just like that is not small money.

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Bitcoin price is highly volatile, this is a universal knowledge but its volatility doesn't translate to the degree of fall expected by the OP.

With a graphical illustration, if the OP had proven from chart that his points are factual, I will have given it a second thought but it's not possible as the chart only shows higher-highs and no lower lows in recent times.
Bitcoin price is ever growing

MFahad

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Quote from: Argoo on November 23, 2023, 09:23:02 AM

The next Bitcoin halving should take place on April 7, 2024. There are less than five months left before this grand event, which many in the cryptocurrency market are eagerly awaiting. A few months before the halving, whales can arrange a temporary drop in the price of Bitcoin so that weak hands of newcomers dump more and thus the whales can buy up potential cryptocurrency. Therefore, in the near future, I still assume a significant drop in the price of Bitcoin, but not for a long period. Closer to the fall of next year, we should see another cryptocurrency price boom.

Halving helps in the boosting of bitcoins price but everyone is already prepared to take benefit from halving therefore as they achieve their target they will definitely sell their bitcoin which will create another bear market. Bull and bear market is two particularly events of cryptocurrency that both are beneficial but it is upto us that are we making negative or positive use of it.

About future we cannot guess anything but it is normal that sometimes price will drop and sometimes price will increase. Many people have made investment in Bitcoin or still they are buying because of halving. Halving is an essential part so those who become able to buy bitcoin are taking forward step wisely while others who are still waiting that price will goes down and they will then buy bitcoin so they are just wasting their time.

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Quote from: Bitcoin_people on November 04, 2023, 10:50:44 AM

We have seen the price of Bitcoin drop to around $15,000 at one point. Even a few months ago Bitcoin price was in dire straits many investors thought it could go further down but it turned out to be quite the opposite. Currently we can definitely see by looking at the position of Bitcoin that maybe Bitcoin will not go to that position but now it is time to go higher in the market. Now that Bitcoin is close to $35k we see no reason to come to $18000 now and won't come here. The price of Bitcoin may have dropped a lot during the autumn, but now the market is pumping well. But I think Bitcoiners will not have to see this bearish market again as we have good things ahead.

The next Bitcoin halving should take place on April 7, 2024. There are less than five months left before this grand event, which many in the cryptocurrency market are eagerly awaiting. A few months before the halving, whales can arrange a temporary drop in the price of Bitcoin so that weak hands of newcomers dump more and thus the whales can buy up potential cryptocurrency. Therefore, in the near future, I still assume a significant drop in the price of Bitcoin, but not for a long period. Closer to the fall of next year, we should see another cryptocurrency price boom.

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Quote from: Essential10 on November 11, 2023, 08:03:24 AM

Those who think its bitcoin will go below $18k and keep falling are nothing but fools. Those who take such an attitude are basically caught in the future. When babies first learn to walk they trip and fall over and over again, but that doesn't mean they will fall over and over again once they learn to walk. The idea that Bitcoin will stumble and fall again and again is wrong. Bitcoin is independent which is why Bitcoin is more powerful and dynamic than ever before. It is only speculative to say what form Bitcoin is going to take in the coming days. It is very difficult to guess unless experienced. The way the bitcoin market is going right now I don't think it will retreat any further. Now is the right time to invest in Bitcoin which will reach unique heights at some point. Bitcoin market is bulling as it crossed $37k today.

An appropriate comparison but I agree that bitcoin will continue to stumble and fall but the only catch with how bitcoin is going to stumble and fall is that when bitcoin falls, I am sure that it's definitely not going to be a fall that's comparable to it's last fall. What I mean is if bitcoin were to go down right now is it's going to hit some invisible price floor and that isn't going to be investing lower than last time that it got so low or maybe even the current lowest is probably the highest in the previous price cycle. So to refute your claim that stumble and fall again isn't entirely wrong, maybe you're always dealing with absolutes so you're adamant about it.

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Those who think its bitcoin will go below $18k and keep falling are nothing but fools. Those who take such an attitude are basically caught in the future. When babies first learn to walk they trip and fall over and over again, but that doesn't mean they will fall over and over again once they learn to walk. The idea that Bitcoin will stumble and fall again and again is wrong. Bitcoin is independent which is why Bitcoin is more powerful and dynamic than ever before. It is only speculative to say what form Bitcoin is going to take in the coming days. It is very difficult to guess unless experienced. The way the bitcoin market is going right now I don't think it will retreat any further. Now is the right time to invest in Bitcoin which will reach unique heights at some point. Bitcoin market is bulling as it crossed $37k today.

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Quote from: gweb1996 on June 18, 2022, 01:16:44 PM

if you think 18k btc is low wait until autumn ...

I think it will reach 500-1000 USD max as you can't use to sell stuff and big whales already moved their money ...

In 2019 btc was already 9000-10000 USD , do to pandemic people invested a lot in btc.

We have seen the price of Bitcoin drop to around $15,000 at one point. Even a few months ago Bitcoin price was in dire straits many investors thought it could go further down but it turned out to be quite the opposite. Currently we can definitely see by looking at the position of Bitcoin that maybe Bitcoin will not go to that position but now it is time to go higher in the market. Now that Bitcoin is close to $35k we see no reason to come to $18000 now and won't come here. The price of Bitcoin may have dropped a lot during the autumn, but now the market is pumping well. But I think Bitcoiners will not have to see this bearish market again as we have good things ahead.

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Quote from: JunaidAzizi on October 30, 2023, 01:04:13 AM

I don't think the price will decrease to 18k again and at this time it's impossible because the halving event is coming and Bitcoin is preparing itself for the event the next prediction is that the BTC will cross the 100,000 target. Now you are right the price is close to 40k $ and it is very expensive for small traders to buy it instead when the price was about 18k providing the best opportunity to buy full Bitcoin or buy some shares of it. I think if someone wants to invest in Bitcoin then do it now because it's the correct time before the price up more and it will arise and there is not any chance of it being dumped now, invest in it and wait for the bull run it will be beneficial for you.

Even though market conditions are unstable, there are no negative issues that make the market return to the price of 18k again, the increase in trading volume indicates the potential for the market to reach a higher increase ahead of the halving, the prediction of 40k is very realistic to reach next month and if you want to buy at the current price, maybe recommend if you aim to invest long term, but you are free to set an investment strategy to wait for market correction in the 31k area or prioritize DCA to handle the increasing risk of investing in the crypto market, the volatility of the crypto market is unpredictable and it may be lucky for investors who have set up DCA to invest in price under $30k.

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Quote from: YUriy1991 on October 29, 2023, 11:15:42 PM

Market Sentiment and Greed Index maybe are a useful to, to help understand market psychology. This is often followed by a price correction but it is all a process towards the true BTC price in market.

The price increase was not based on indications of greed because many investors and traders entered the market because of their own intention to make a profit by taking advantage of current market conditions. So basically the sentiment in this market is based on what many people have seen in the price of Bitcoin and also on market conditions which are starting to not scare many people. And the process that is taking place now is only part of the price improvement which is still continuing sideways at around $34K.

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Well, in terms of what you said is correct, well, when we invest in crypto assets like Bitcoin, all factors must be monitored first, because there are many possibilities that will arise outside our will and the most dominant ones are volatility and price corrections which also fluctuates quickly. and could be followed by a significant price correction.

When we have invested money in Bitcoin, what we need to monitor is news related to Bitcoin apart from monitoring the market to see the price. Because if the investment goal is long term, it will actually give all investors more freedom in carrying out their investments by using their time in all aspects when monitoring. So it is not only about volatility and price corrections that must be looked at, but also about the influences that can change volatility and price corrections in the Bitcoin market.

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Quote from: Sebas.tian on October 29, 2023, 11:43:58 PM

Quote from: gweb1996

if you think 18k btc is low wait until autumn ...

I think it will reach 500-1000 USD max as you can't use to sell stuff and big whales already moved their money ...

In 2019 btc was already 9000-10000 USD , do to pandemic people invested a lot in btc.

I think, the pandemic created a lot of opportunities for those that invested in Bitcoin waiting for the bullish season to appear before they can sell to make income ,which the bullish appeared with massive pumping during the pandemic that took over some years and some months to keep long term and short term investors to experienced what they have never experience from Bitcoin investment. For the price of Bitcoin to decrease back to $18,000 this year, I don't think it will be possible again because the price is close to $40,000 for those expecting that particular price to appear before they can sell to make income from their investment. If truly you want to be part of what is going to manifest in bullish market soon, I will advise you to invest in Bitcoin now and hold to watch what is about to happen in the crypto market.

I don't think the price will decrease to 18k again and at this time it's impossible because the halving event is coming and Bitcoin is preparing itself for the event the next prediction is that the BTC will cross the 100,000 target. Now you are right the price is close to 40k $ and it is very expensive for small traders to buy it instead when the price was about 18k providing the best opportunity to buy full Bitcoin or buy some shares of it. I think if someone wants to invest in Bitcoin then do it now because it's the correct time before the price up more and it will arise and there is not any chance of it being dumped now, invest in it and wait for the bull run it will be beneficial for you.

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Quote from: gweb1996

if you think 18k btc is low wait until autumn ...

I think it will reach 500-1000 USD max as you can't use to sell stuff and big whales already moved their money ...

In 2019 btc was already 9000-10000 USD , do to pandemic people invested a lot in btc.

I think, the pandemic created a lot of opportunities for those that invested in Bitcoin waiting for the bullish season to appear before they can sell to make income ,which the bullish appeared with massive pumping during the pandemic that took over some years and some months to keep long term and short term investors to experienced what they have never experience from Bitcoin investment. For the price of Bitcoin to decrease back to $18,000 this year, I don't think it will be possible again because the price is close to $40,000 for those expecting that particular price to appear before they can sell to make income from their investment. If truly you want to be part of what is going to manifest in bullish market soon, I will advise you to invest in Bitcoin now and hold to watch what is about to happen in the crypto market.

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