This type of question is like asking what number will come out in the lottery tomorrow. If people can predict the bottom price for bitcoin then no buy and sell will happen in the market. People will just wait for the bottom price to buy which is very impossible. Bitcoin will lose value if no one is buying or selling, there should be a constant exchange between the two. What we can do is just prepare more funds in case market goes lower.
it's an assumption, actually you got it right, because nobody will like to waste it fund or capital to buy cryptocurrency for higher price knowing that it will decrease to lower price as bottom side. If this actually happen, i think everyone cryptocurrency investors will exercise a huge patient to wait until the time it will get to the bottom side of cryptocurrency before buying. So from another dimensions it will basically have no Lost, because everyone knows it's time to invest. 
Topic: Was 17600$ was the bottom ? - page 3. (Read 772 times)
Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
Because I'm not a whale or a big investor, so I'm a bit indifferent to the Bitcoin price phenomenon, $100k or $10k, I have done a lot of research and read about Bitcoin speculation in 2022 and beyond, of the speculations that I have seen below, the most interesting for me to be used as a guide for Bitcoin in the future.For example:
BITCOIN MIGHT GO TO AS LOW AS US$10K BEFORE MAKING A COMEBACK
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It has been speculated that the BTC price will hit US$10k in 2022-2023 as the worst-case scenario for the entire community of crypto investors and tech companies relying on this cryptocurrency for payment transactions. The prediction is that after hitting the rock-bottom level of US$10k, Bitcoin may turn around for a comeback while reaching the US$50k zone.
From the data above, I assume Bitcoin will go even lower than the current price, the bottom line: I hope, if it happens $10k, hopefully I can do something in Bitcoin for the future, I really lose, if the opportunity goes by and it's useless knowing Bitcoin has reached the level of $ 10k, without doing anything for sure and always in failure.
The market looks strong today, Bitcoin breaks out $21k and moving smoothly. Also, rest of the markets performs well, it's always great to watch green market. If anyone really thinks long term, hold is great. Purchasing when the market are transforming into green pretty insane, yet focus on something else for some time for making entry. Do your research so that you can still make money regardless of what direction the market heads. Bitcoin is the ruler, purchase if you can afford.
The market is getting a little green. Along with bitcoins, altcoins are also trying to rise. But the market is still in a bad position. It can go down again at any time. However, if you start going down this time, the price of Bitcoin will go below $ 15K. And if Bitcoin goes below $ 15K. So, the market is not likely to be good in the couple years
The market looks strong today, Bitcoin breaks out $21k and moving smoothly. Also, rest of the markets performs well, it's always great to watch green market. If anyone really thinks long term, hold is great. Purchasing when the market are transforming into green pretty insane, yet focus on something else for some time for making entry. Do your research so that you can still make money regardless of what direction the market heads. Bitcoin is the ruler, purchase if you can afford.
I hope that the price of Bitcoin is no longer dropped below $ 20k and of course $ 17600 is The Bottom, and we wish to congratulate those who buy at $ 17K, if they sell now, then you have more than 20%profit, this is what we like From Cryptocurrencies, profit opportunities are very large in a short time.
For anyone that was one of the lucky few that were able to enter the market at the bottom or close to it there is not much of a need for them to sell their coins for such a small profit, if 17k was indeed the bottom then this means that during the next months or years they will not find themselves facing any kind of loss on their investment, which will allow them to hold their coins very easily without having to worry too much about it, unlike what happens with all of those which bought close to the ATH which will have to suffer almost every day as they see the price remaining so far away from the ATh. 
12 hours ago I saw the price of bitcoin around $ 22k, but now it is only around $ 21100
Not sure what exchange or trading pair you were looking at, but I don't think you did see price at $22K 12 hours ago. Maybe you were thinking $21K or something before $20K was re-tested. Last time we were above $22K was 5 days ago. As of typing, price is currently the highest since July 16th, 21% up from the lows. Looks like we were well overdue a bounce and now we're seeing one.
Yesterday the bitcoin price dumped to 17,600$. A lot of people are saying that the bottom would be 12,000$ or 15,000$. Some even think that 6000$ is on the cards. However, we have seen some recovery in the price and it is now above 19500$.
Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
We are not sure if we are already reached the bottom but what I am surely know is that the market is yet stable there are many obstacle to come from now and the following months.Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
remember that we are only going to enter the 3rd quarter in the 2 weeks time in which another dumping quarter as the record shows.
I hope that the price of Bitcoin is no longer dropped below $ 20k and of course $ 17600 is The Bottom, and we wish to congratulate those who buy at $ 17K, if they sell now, then you have more than 20%profit, this is what we like From Cryptocurrencies, profit opportunities are very large in a short time.
It is unlikely that we will see some improvements in cryptocurrency markets before the global economy generally improves and stock market indexes rise again. However, if the US can resolve its present administration's economic difficulties soon, and should conditions improve around the world, the overall stock market indexes may rebound. This would provide opportunities for a short-term buying frenzy, which would be a good time for traders to find opportunities to initiate new positions.
In terms of the price of Bitcoin itself, there have been several such declines in the past, with the biggest occurring after the bull run in 2018, when its value fell from $ 20k to about $ 6k. But as time passed, and the long-term trend reversed itself, Bitcoin's value began to rise again. This is still a fact that can't be refuted, and it has been consistent with Bitcoin's traditional trend.
In terms of the price of Bitcoin itself, there have been several such declines in the past, with the biggest occurring after the bull run in 2018, when its value fell from $ 20k to about $ 6k. But as time passed, and the long-term trend reversed itself, Bitcoin's value began to rise again. This is still a fact that can't be refuted, and it has been consistent with Bitcoin's traditional trend.
Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
I still feel we aren't done with correction yet. My reason being that there isn't anywhere to find a major support again after it broke the $21,000+ line a few days ago. That's where it's at currently in rebound. On the weekly close, the bears aren't done. Though at Daily and D4hr TFs, there are signs of reversal, I still want to go with my earlier projection that the bears aren't done yet. It seems a bull trap for me. While I believe $12k could be possible, I don't think we can FUD Bitcoin to $6k. Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
I really hope this was the bottom and we are not going to see more dumps this year. The high volatility in the bitcoin market last week was really scary. The news article I read were really pessimistic and already expected a bitcoin price of below 10,000 USD. As always bad news sells much better and generates more clicks. Hopefully the longterm investors are not giving into that pressure and keep their coins. I am definitely not selling any of my coins. Also technical indicators showed the support barriers around the 14,000-17,000 USD level. And Robert kiyosaki stated publicly that he will be buying heavily around 17,000 USD.
Yesterday the bitcoin price dumped to 17,600$. A lot of people are saying that the bottom would be 12,000$ or 15,000$. Some even think that 6000$ is on the cards. However, we have seen some recovery in the price and it is now above 19500$.
is there something we need to know? everything in this cryptoworld are speculations , we can call it now while it is different in the next day, so let them bring their perception but do your homeworks for your own profiting .Quote
Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
Maybe yes? or Maybe now ? the bottom will be happening in the next coming year , because remember that before halving there is always a dump to come. 
This is the million dollar question and in order to predict it exactly we would have to know what events are going to happen and what influence they are going to have on the price, which is impossible.
If we are going to analyze, it doesn't seem far-fetched to me that we will still go lower than that price in the future dip, but I don't see us going much lower than that because prices under $20k are a bargain for those who have a long term vision and trigger buy orders.
If we are going to analyze, it doesn't seem far-fetched to me that we will still go lower than that price in the future dip, but I don't see us going much lower than that because prices under $20k are a bargain for those who have a long term vision and trigger buy orders.
Yesterday the bitcoin price dumped to 17,600$. A lot of people are saying that the bottom would be 12,000$ or 15,000$. Some even think that 6000$ is on the cards. However, we have seen some recovery in the price and it is now above 19500$.
Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
what i really want us to know about bitcoin regulatory system of increment and decrement is that know one knows the proportion Bitcoin or measure Bitcoin will take in next. Because bitcoin price can be stablize or decreases more, it's the determination of market cap to know the strong bond of bitcoin market regulations or not. Discussing something under assumptions or making a point of speculation in price is not suppose to be dependable. That's while i followed what the give to me. Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
Yesterday the bitcoin price dumped to 17,600$. A lot of people are saying that the bottom would be 12,000$ or 15,000$. Some even think that 6000$ is on the cards. However, we have seen some recovery in the price and it is now above 19500$.
Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
We should be very careful at assuming that number is the bottom, we are seeking all sorts of problems in the world economy and it feels like they are just beginning right now. Stock markets took a mini tumble but we are barely breaking the surface of bad news to come with the inflation rate in many countries still widely out of control, people had a lot of savings from Covid and the jobless rate is low - but one day soon that flip will start to switch. Highly risky assets are among the first to be dropped and they have been taking a rather steady decline lately, it's possible if the stock markets drop quick in a crisis then Bitcoin will drop right alongside them. Now is the time to diversify a little if Bitcoin is all you have, I'd rather have 50% of something than 10% because I left it too late to get out.
According to some analysis, the bottom of BTC should be in the 12-15K area, if at this price it breaks, then there is a possibility that bitcoin will return to 10K. However, going back to market sentiment, if in the end the market sees 17K is the deepest, then BTC could slowly reverse from this price. Everything is just a prediction, it could be wrong predictions.
Basing on technicals then 12k or even 10k could really be that possible but there are no assurance for it to be hit and speaking with the current price as of this moment on which it's starting to cling or climb up but doesn't give out any sureness that it couldn't drop even further or simply shows some dead cat bounce if we do sepak about technicals but we know that this market is really that unpredictable or something that can't really be predicted on what's gonna happen next.Always presume about the possibilities about price crash and correction which is something normal or usual on this market. Yesterday the bitcoin price dumped to 17,600$. A lot of people are saying that the bottom would be 12,000$ or 15,000$. Some even think that 6000$ is on the cards. However, we have seen some recovery in the price and it is now above 19500$.
Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
Few days back, people were saying 20k will be the lowest. Now we have seen something else.
See mate Cryptos are now a days very much unpredictable.
Many factors are affecting for which the price is so down.
Maybe Bitcoins might fall more, but it won’t drop less than 15k usd.
The reason for Bitcoins sudden increase in price from 17k to 19k is due to the traders who started buying the Bitcoins, seeing the low price.
Hope soon the bear market ends, and the cryptos turn green.
20k made a lot of sense if you think about it. It was the prior high which should be a strong support. It also was below 200 week moving average that serves as strong support in every bear market.
The panic was just too much for these levels to hold and it was all bought by whales. Just check some of the richest addresses and you'll see they were accumulating below 20k 1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ, one of the biggest whales, bought over 1,5k BTC and started buying on 14.6 which was the day we first touched 20k.
According to some analysis, the bottom of BTC should be in the 12-15K area, if at this price it breaks, then there is a possibility that bitcoin will return to 10K. However, going back to market sentiment, if in the end the market sees 17K is the deepest, then BTC could slowly reverse from this price. Everything is just a prediction, it could be wrong predictions.
Yesterday the bitcoin price dumped to 17,600$. A lot of people are saying that the bottom would be 12,000$ or 15,000$. Some even think that 6000$ is on the cards. However, we have seen some recovery in the price and it is now above 19500$.
Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
Actually I don't know if this is true. But if it broke the support of $20K, it was likely to go to $13K. However, it started reasing again from 17 and rose to 21. However, it cannot be said yet that Was 17600$ was the bottom. It may decrease again.Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
There is no telling where the bottom really because every time frame has its bottom. The weekly chart shows the bottom @17k which is where we are right now. This bounce can still be considered a dead cat bounce.
Looking at the monthly chart, we have yet not touched the bottom. So it could dump going that low to 13k or could also go straight up.
Yesterday the bitcoin price dumped to 17,600$. A lot of people are saying that the bottom would be 12,000$ or 15,000$. Some even think that 6000$ is on the cards. However, we have seen some recovery in the price and it is now above 19500$.
Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
Actually I don't know if this is true. But if it broke the support of $20K, it was likely to go to $13K. However, it started reasing again from 17 and rose to 21. However, it cannot be said yet that Was 17600$ was the bottom. It may decrease again. Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
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