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Topic: Stop the panic, I doubt we will see 14k or less Bitcoin - page 14. (Read 2840 times)

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legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
People will try to talk down BTC for as long as its a feasible profitable trade.  Right this moment Dollar is weaker, just in time to save BTC a real beating from a bearish market, instead its seeing some reversal in expectation due to event news around inflation figures.   How long that lasts is not known as its purely speculation on easier FED moves, the Dollar index moved 1.6% just today which is big enough to help buoy the prices up of most assets I think.   BTC still has buyers with weaker currency, so I think it'll always have some opportunities available in that case.

hero member
Activity: 2842
Merit: 625
Literally articles are flooding saying the bottom isn't here etc etc.

The FTX thing sucked, but Bitcoin can only go so low with the amount of support it has and how integrated it has become with the banking system.

Stop the FUD.
The FUD can't be stopped. Just as bitcoin is here to stay, the same goes for the FUD and it's also here to stay. But, we have already able to cope up with it and most of us that have been long in here can easily ignore that.

But not each one of us can totally ignore it because many from the newbies are scared of it and they can't just help themselves from ignoring it.

No matter what the FUD is, everything will recover just as how bitcoin recovered in the past bear markets.
legendary
Activity: 3080
Merit: 1593
#1 VIP Crypto Casino
Literally articles are flooding saying the bottom isn't here etc etc.

The FTX thing sucked, but Bitcoin can only go so low with the amount of support it has and how integrated it has become with the banking system.

Stop the FUD.

You must be new in this game. Bitcoin absolutely can go lower. Historically we are not at the same level that bitcoin can sink to during a bear market. Undoubtedly there will be be buyers lower but there are many weak hands who could still capitulate. Another insolvent exchange or regulations by the US could send us lower. The worldwide recession becoming an economic depression could flood into bitcoin too. In short we can go lower but it’s only temporary because new highs will come in a few years. Buy the dip if you can.
sr. member
Activity: 2310
Merit: 355
Literally articles are flooding saying the bottom isn't here etc etc.

The FTX thing sucked, but Bitcoin can only go so low with the amount of support it has and how integrated it has become with the banking system.

Stop the FUD.
This is actually not a FUD as the price reacts on that and the chart also tells the possible worst scenario with Bitcoin. There’s a panic when it comes to price prediction but if you are a trade and know how to analyze the chart,  you can tell that there’s a possibility for that price and it confirms when we failed to break the resistance again last Month. If Bitcoin will not hit that price the better, but then again its advisable to always be ready for the worst and know what to do when we hit that price to avoid any panic.
hero member
Activity: 2996
Merit: 609
Literally articles are flooding saying the bottom isn't here etc etc.

The FTX thing sucked, but Bitcoin can only go so low with the amount of support it has and how integrated it has become with the banking system.

Stop the FUD.
If you are just new into this market then better get used to events something like this which isnt really that something that could be avoided on a very speculative market something like this.

Anything could happen whether its a fud or shill on the market and on the time that you do have experience or awareness of this market then you would definitely be able to spot out on

what are the things that you should gonna do.Wandering around and seeing lots of people saying about 14k or even more lower price? Not surprising.
Base up on technicals then probabilities are  there but we do know that they arent 100% precise.So assumptions is still common.
legendary
Activity: 2576
Merit: 1655
Literally articles are flooding saying the bottom isn't here etc etc.

The FTX thing sucked, but Bitcoin can only go so low with the amount of support it has and how integrated it has become with the banking system.

Stop the FUD.

And even if we hit $13k or lower, it's not going to be the end of bitcoin, it's too big to fall. And you have to realized that the current dump is not by bitcoin's doing. We are just affected by the FTX drama, so somewhat a collateral damage like when the Terra Luna crash as well.

As for the FUD, never mind them, just for the record, according to them, Bitcoin has died "X" times already:

https://99bitcoins.com/bitcoin-obituaries/
hero member
Activity: 2842
Merit: 772
Literally articles are flooding saying the bottom isn't here etc etc.

The FTX thing sucked, but Bitcoin can only go so low with the amount of support it has and how integrated it has become with the banking system.

Stop the FUD.

You can't stop the FUD, there are entities even in this community that does that, to create fear amongst us. It's the question on what will be their motives? maybe they want to buy cheap bitcoin? or just hated it that they want bitcoin to fall.

Anyhow, the FTX and the whole crypto market is a messed, but nevertheless, I think we can all recover from it. Just stay calm everyone, on the contrary, it could be a perfect time to accumulate. Remember that we have the halving in 2024, the catalyst for a bull run, so it's better to stack sats when they are very cheap right now at $16k. For sure when we look back, we will say that we survived this dump, just like we survived the Covid-19 crashed.
legendary
Activity: 1722
Merit: 5937
This bear market is another opportunity for new investors to get a good deal of bitcoin at a cheaper rates and to also test the patience of the already existing investors
New investors usually don't buy during the bear market as they are too afraid, and probably think that bitcoin is going to die and instead they will join us when bitcoin starts pumping again. Those who are buying are an experienced investors who already went through bear market and know how good of an opportunity bitcoin is at the moment. You know what they say, "everyone buys bitcoin at the price they deserve".


Personally I don't see bitcoin coming lower than 15k although I think the bear markets will take longer time than we expected, because of the inflation happening and the looming recession talked about. If you check the immediate upsurge after falling to 15k you will see that it cannot go lower than that
Since bitcoin already went close to 15k, I would be very surprised if it doesn't go below in the upcoming days. Thing is, I don't think that we are out of the woods yet becase fall of FTX might bring few other names down. Either buying, I already started buying (bought more bitcoin at ~~15800 last night) but I won't go all and will rather wait and see how this plays out.
hero member
Activity: 672
Merit: 855
It's not surprising reading the stereotypes about bitcoin because of the fall. The media outlets which are just enemies of bitcoin will find any chance to attach every exchange or crypto bad news to bitcoin. They feel it could discourage people out of it.

This bear market is another opportunity for new investors to get a good deal of bitcoin at a cheaper rates and to also test the patience of the already existing investors


Personally I don't see bitcoin coming lower than 15k although I think the bear markets will take longer time than we expected, because of the inflation happening and the looming recession talked about. If you check the immediate upsurge after falling to 15k you will see that it cannot go lower than that
jr. member
Activity: 91
Merit: 5
Literally articles are flooding saying the bottom isn't here etc etc.

The FTX thing sucked, but Bitcoin can only go so low with the amount of support it has and how integrated it has become with the banking system.

Stop the FUD.

EDIT: For those of you who seem not to remember what FUD stands for:

Fear. Uncertainly. Doubt.
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