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Topic: what is the bottom of this bear market BTC - page 5. (Read 897 times)

hero member
Activity: 1498
Merit: 785
October 10, 2022, 12:01:38 PM
#14
I don't know the bottom price for this year but surely many would think it would be lower to buy Dips but that can't be predicted accurately I just saw in my assumption that $19k is already the lowest and best to buy Dips.

Although there were expectations that were lower than this I wouldn't target too much further thinking I already held the capital to buy more Bitcoins so I did, because I wouldn't be more curious about price bottoms but I'm more important buying regularly for the current bears .

Be buying now before there is a spike because it will be a regret.

The lowest we went through recently was $17.6k, not $19k currently. Many people are predicting things will get worse and new lows but these are all predictions that no one dares confirm. I find the bottom to be unpredictable, we're just wasting our time on it, what we should do is buy more in this bear market. Maybe we are not at the bottom yet but it is also possible that we are near the bottom and the distance is not too different. Don't let the market spike we will miss the opportunity to buy low.
$19,000 is regular purchase which is considered Dips by me so it's not the lowest price but I don't want to speculate too long but I make sure that I have bought at that price.
Well that's the case if you think too much about the lowest price and even want it even lower, no one knows so I have tried to take this opportunity during a volatile bear market to continue to hoard more Bitcoin in the portfolio.
Even if the price reaches the lowest of $15,000, I will enter again, nothing difficult but we are more prepared to have funds prepared for the next Bitcoin purchase.
sr. member
Activity: 1106
Merit: 421
October 10, 2022, 11:11:15 AM
#13
Lets poll the lowest BTC price can expect this bear market
Moreover this is very difficult to give guarantee on these type of questions. Because in crypto currency he market is very volatile and unpredictable . It is fully depends on the current situation of world economy and also the market of Crypto. And speaking of now, the previous market conditions suggest that Bitcoin will not bottom below 15K, because every time Bitcoin drops below 20K, a small resistance is created that holds it back to move higher.
hero member
Activity: 1288
Merit: 564
Bitcoin makes the world go 🔃
October 10, 2022, 11:17:03 AM
#13
Lets poll the lowest BTC price can expect this bear market
Moreover this is very difficult to give guarantee on these type of questions. Because in crypto currency he market is very volatile and unpredictable . It is fully depends on the current situation of world economy and also the market of Crypto. And speaking of now, the previous market conditions suggest that Bitcoin will not bottom below 15K, because every time Bitcoin drops below 20K, a small resistance is created that holds it back to move higher.
Many tries to buy back BTC everytime the price drops since we don't know where the price will drop last, so many take advantage of it's downfall when they can since it might rise again after that drop. We cannot see upto how much it will drop or when it will rise again since the market is unstable and there are economic news affecting investors decision. There is also no influencers that can hype the market now unlike before.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
October 10, 2022, 10:43:09 AM
#12
On the paper the correct number is 8k-10k, however there's a very good chance we're too late to get there/that low. Still, never say never.
Imho if it weren't the current uncertainty on financial markets the bear market could have been already over.
legendary
Activity: 1750
Merit: 1094
Assalamu Alekum
October 10, 2022, 10:38:48 AM
#11
I don't know the bottom price for this year but surely many would think it would be lower to buy Dips but that can't be predicted accurately I just saw in my assumption that $19k is already the lowest and best to buy Dips.

Although there were expectations that were lower than this I wouldn't target too much further thinking I already held the capital to buy more Bitcoins so I did, because I wouldn't be more curious about price bottoms but I'm more important buying regularly for the current bears .

Be buying now before there is a spike because it will be a regret.

The lowest we went through recently was $17.6k, not $19k currently. Many people are predicting things will get worse and new lows but these are all predictions that no one dares confirm. I find the bottom to be unpredictable, we're just wasting our time on it, what we should do is buy more in this bear market. Maybe we are not at the bottom yet but it is also possible that we are near the bottom and the distance is not too different. Don't let the market spike we will miss the opportunity to buy low.
hero member
Activity: 1498
Merit: 785
October 10, 2022, 09:25:54 AM
#10
I don't know the bottom price for this year but surely many would think it would be lower to buy Dips but that can't be predicted accurately I just saw in my assumption that $19k is already the lowest and best to buy Dips.

Although there were expectations that were lower than this I wouldn't target too much further thinking I already held the capital to buy more Bitcoins so I did, because I wouldn't be more curious about price bottoms but I'm more important buying regularly for the current bears .

Be buying now before there is a spike because it will be a regret.
hero member
Activity: 2240
Merit: 579
Leading Crypto Sports Betting & Casino Platform
October 10, 2022, 08:54:30 AM
#9
This year our lowest low is $17,500. But maybe next year when the bear market continues, and so I voted for

12000-15000

I think if we are going to see a new all time low, it could be around this price. And I have seen others predicting it as well and so I will go with them.

We are still in recession and the war is still in the background and there's no sign that both sides will agree on terms  specially Russia.

I also voted for 12k-15k, I predict it will happen within year and I believe history will repeat and bitcoin will drop more than 80% during this bear season. A few days ago OPEC + announced to cut world oil production and the price of brent oil continued to reach 100 USD, today the news of the war is even more terrible when Russia attacks directly the Ukrainian capital kiev. Bad things are still ahead and I believe it is more likely that they will bottom sooner if the Fed continues to increase 0.75% in November is inevitable.
copper member
Activity: 2156
Merit: 536
Building my own Dreams!
October 10, 2022, 08:17:54 AM
#8
Lets poll the lowest BTC price can expect this bear market

I guess we already hit the lowest price for this bear market.
BTC won’t fall belo 17k usd. I am not saying this, many veteran traders have already mentioned about this.
Now Bitcoins will only struggle in this price segment for the next few weeks.
Once the bear market gets over definitely, the price will boost up. So I am advising everyone to buy as many Bitcoins as they can in this cheap yet affordable price.
legendary
Activity: 3738
Merit: 1708
October 09, 2022, 11:58:10 PM
#7
What we need now is a decoupling from the global stock market indicies. We all know the global banks will keep raising rates, so stocks will keep going down. So will crypto and gold. Inflation this week will also lead to hawish action from the fed. Same with the fed meeting they will have. The last weeks employment numbers didn't look good.

Eventually stocks will go down but crypto will stay flat or go up, same with gold. People will realise that fed is damaging the global markets and QE will be around the corner and crypto will most likely take off first. This will happen sometime soon because its already getting bad out there.
legendary
Activity: 2366
Merit: 1206
October 09, 2022, 06:28:05 PM
#6
Lets poll the lowest BTC price can expect this bear market
Though Bitcoin is unpredictable I think, that's unlikely to happen.

Bitcoin price candle this month was played at the range of $18.5k to $20k and it was never down beyond $15k and I think that will not happen.

Do you think it could be a bullish sign this month the hack happened on Binance recently?  It's $100M and it could be converted into Bitcoin.
hero member
Activity: 1344
Merit: 540
October 09, 2022, 04:48:56 PM
#5
This year our lowest low is $17,500. But maybe next year when the bear market continues, and so I voted for

12000-15000

I think if we are going to see a new all time low, it could be around this price. And I have seen others predicting it as well and so I will go with them.

We are still in recession and the war is still in the background and there's no sign that both sides will agree on terms  specially Russia.
hero member
Activity: 2548
Merit: 533
October 09, 2022, 04:46:54 PM
#4
The price of Bitcoin currently is above the poll price tag, despite that cryptocurrency price can't be predictable, i believe that the price will go more higher than the stipulated poll digit figure. Because even since this year the price of Bitcoin never go beyond fifteen thousand (15k) as per say. Rather the price is getting more potential to resist from the infinity bearish market.
Price is totally unpredictable and there's no way that we could really predict on when this bear market ends, whether it would be on this year or into the next.This is why lots of technical analysis and
speculations had been floating around and telling that 10k price or even 8k would be the possible bottom if ever this market would really be crashing but no one really knows on what would
happen next.We cant really able to tell on whats the next move and this is why having the step or action whether you would really be risking out or would really be just waiting up
for some market action before you would really be making some move.
hero member
Activity: 1400
Merit: 655
Bitcoin is achievement
October 09, 2022, 03:41:16 PM
#3
The price of Bitcoin currently is above the poll price tag, despite that cryptocurrency price can't be predictable, i believe that the price will go more higher than the stipulated poll digit figure. Because even since this year the price of Bitcoin never go beyond fifteen thousand (15k) as per say. Rather the price is getting more potential to resist from the infinity bearish market.
hero member
Activity: 714
Merit: 521
October 09, 2022, 02:26:29 PM
#2
Though we may all cast vote base on assumption but the accuracy to how far the bitcoin price can go high or low is ultimately unpredictable, but if i may go by my own level of convinctions the least we could encounter with dip in orice is $17k and below $30k all through this year before a major event can take place such as halving where we can have a new all time high, bit for now i don't think bitcoin could go further beyond this low, instead there might be slightly surge in price, this is just base on my personal approach and research.
member
Activity: 756
Merit: 17
2023 would most likely be as bearish as 2022
October 09, 2022, 01:39:48 PM
#1
Lets poll the lowest BTC price can expect this bear market
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